None of the above is the correct answer when it comes to the economic definition of scarcity. scarcity is an economy.
It is the result of unlimited wants and needs, combined with limited resources to satisfy them. this means that there is a finite amount of resources available, and therefore the resources must be allocated to satisfy the greatest needs of society. coal, food, and time are all considered scarce resources according to the economic definition of scarcity. Coal is a finite resource, meaning that it will eventually run out due to its limited availability.
food is a finite resource, as it is necessary for human survival and there is only a limited amount of food available. time is also a finite resource, as no one can add more time to their day. the worker is not considered a scarce resource according to the economic definition of scarcity, as there are a finite number of workers available, but the demand for them is not infinite, this means that the price of workers can be adjusted to meet the demands of the market and their availability is not limited,
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what should the local regulatory authority do during an inspection?
These regulatory agencies send inspectors to facilities on occasion to check on operations and make sure they are following all laws, rules, and regulations.
What is the purpose of an inspection by a regulatory authority?At the state and local levels, rules are written and enforced. In order to ensure the food they serve is safe, all businesses need to follow certain procedures. The operation is informed that it complies with the minimum requirements through the inspection procedure.
What roles and responsibilities does the regulatory authority play?safeguarding the public interest. monitoring compliance with other legal and regulatory requirements, as well as contractual obligations to the government and users. monitoring compliance with technical, safety, and quality standards (if they are not specified in the contract agreements). Our government's efforts to protect the environment, increase workplace safety, and improve transportation safety all depend on inspections.
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Business _ are centers that offer businesses in the critical stage of early development low-cost offices and access to basic services such as accounting, legal advice, and secretarial help
Business incubators are centres that offer businesses in the critical stage of early development low-cost offices and access to basic services such as accounting, legal advice, and secretarial help.
What are business incubators?Business incubators are an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services starting with management training and office space and ending with venture capital financing. The National Business Incubation Association (NBIA) defines business incubators as a catalyst tool for either regional or national economic development.
NBIA categorizes its members' incubators by the following five incubator types: academic institutions; non-profit development corporations; for-profit property development ventures; venture capital firms, and a combination of the above.
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How many copper per pound?
The weight of copper per pound can range from 3.55 to 4.95 pounds.
Copper is a widely used metal that is utilized in various applications, including electrical wiring, plumbing, and roofing.
The number of copper per pound is determined by the weight and purity of the metal. Copper is often measured in pounds per square inch (PSI) or pounds per cubic foot (PCF).
In general, the weight of copper per pound can range from 3.55 to 4.95 pounds.
However, the weight of copper is not the only factor that determines the number of copper per pound. Purity is also a crucial factor. Copper is often alloyed with other metals, such as zinc, nickel, or tin, to improve its properties. The purity of copper is measured in terms of its percentage composition.
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the unadjusted trial balance lists supplies with a balance. after taking an inventory of supplies, it was found that were on hand. the adjustment to supplies expense is a:
The unadjusted trial balance lists supplies with a balance. After taking an inventory of supplies, it was found that were on hand. The adjustment to supplies expense will depend on the amount of supplies that were found to be on hand after the inventory.
Here are the steps you can take to determine the adjustment:
Determine the original balance of the supplies account on the unadjusted trial balance.Determine the amount of supplies that were found to be on hand after the inventory.Calculate the difference between the original balance of the supplies account and the amount of supplies on hand. This difference represents the amount of supplies that were used during the period.Adjust the supplies expense account by debiting it for the amount of supplies used during the period and crediting the supplies account for the same amount.For example, let's say the supplies account on the unadjusted trial balance has a balance of $1,000, but after the inventory, it was found that only $500 worth of supplies were on hand. The adjustment to supplies expense would be:
Debit Supplies Expense: $500
Credit Supplies: $500
This adjustment recognizes the fact that only $500 worth of supplies were used during the period, and expenses that amount accordingly.
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what is the cash-on-cash return for an owner who purchases a $5,000,000 property, with an noi of $500,000 using all cash...?
The cash-on-cash return for an owner who purchases a $5,000,000 property with an NOI of $500,000 using all cash can be calculated by dividing the annual cash flow by the initial investment.
In this case, the annual cash flow or NOI is $500,000. The initial investment is $5,000,000. Therefore, the cash-on-cash return would be 10% ($500,000/$5,000,000).
This means that for every dollar invested, the owner would receive a return of 10 cents in the first year. The cash-on-cash return is an important metric used by real estate investors to determine the profitability of a property investment.
It is important to note that the cash-on-cash return does not take into account any financing costs or other expenses related to the property. It is also important to consider other factors such as appreciation, tax benefits, and potential future income growth when evaluating a real estate investment.
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what is the average number of careers a person has in his or her lifetime after the age of 25? a. 5 to 7 b. 12 to 15 c. 20 to 25
12 to 15 is the average number of careers a person has in his or her lifetime after the age of 25. The answer is OPTION B.
Between the ages of 18 and 54, these younger baby boomers worked an average of 12.4 jobs. In this report, a job is referred to as a continuous period of employment with a specific employer.
Men held 12.6 jobs on average, while women held 12.3 jobs. Over the course of their working lives, the average person will change careers 3–7 times. Due to the widening range of employment options, 30% of the workforce will now switch careers or jobs every 12 months. The answer is OPTION B.
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Support activities, according to the value chain, are the actions a firm takes to directly provide a product or service to customers.TrueFalse
‘Support activities, according to the value chain, are the actions a firm takes to directly provide a product or service to customers. This is false.
What is value chain?
From a product's initial design to its delivery to a customer, there are a number of sequential stages that make up a value chain. The supply chain identifies every point of production, including the sourcing, manufacturing, and marketing phases, where value is added.
A business analyses its value chain by analysing the specific processes engaged in each stage of its operations. A value-chain analysis' goal is to boost manufacturing efficiency so that a business can provide the most value for the least amount of money. It's essential for companies to maintain customer confidence and security so they can keep them as loyal customers in addition to making sure production processes are seamless and effective. Value-chain studies can also be useful here.
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one benefit of a large sample that exceeds the minimum power analysis size is that it...
One benefit of a large sample that exceeds the minimum power analysis size is that it Enhances the external validity of the study.
Power analysis in business refers to the process of analyzing the power dynamics and relationships within an organization or industry. This involves identifying the individuals or groups that hold the most influence, control, or decision-making power within the organization or industry.
Power analysis can be used to better understand the dynamics of a particular situation, such as a negotiation or conflict resolution, and can help organizations identify areas where power may be imbalanced or where opportunities for collaboration or partnerships exist.
Overall, power analysis is a valuable tool for businesses to gain a more nuanced understanding of the complex relationships and dynamics at play within their organization or industry, and to use this knowledge to make more informed decisions and achieve their strategic objectives.
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A legal entity owned by shareholders whose liability for the firm's losses is limited to the value of the stock they own. Is called
A corporation is a legal entity owned by shareholders whose liability for the losses of the firm is limited to the value of the shares they own. This type of business structure differs from a sole proprietorship or partnership in that the owners are not personally liable for any business obligations or debts.
The company is a separate legal entity and has its own rights, privileges and obligations distinct from those of the owners. Corporations can be formed through a state filing process or through a private agreement between shareholders. However, companies are subject to double taxation on their profits and have more complex accounting and legal requirements.
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The promotion mix includes advertising, public relations, sales promotion, and personal selling. How would you classify each of the following promotion efforts?
1. McDonald’s uses television to tell consumers about how they can receive free french fries with the purchase of a Big Mac.
2. A Toyota salesperson tells customers about the quality of Michelin tires.
3. CNN has a story about Energizer’s latest ad campaign. The story features a commercial with the Energizer bunny.
4. Quaker Oats places an ad in Good Housekeeping magazine with a coupon attached.
5. A pharmaceutical salesperson leaves free samples with a physician.
6. When you buy a tube of crest toothpaste and you get a free toothbrush with it.
7. After every five visits to Rafferty’s Restaurant you get a free dessert.
8. You are watching the Cleveland Indian’s and the Chicago Cubs world series game and you see a commercial for Carnival Cruise line showing people relaxing on a beach in Mexico.
Because they must be altered frequently to be effective, sales promotions are typically short-lived. Because of its wide range of variations, it has always been seen as falling under the "other" category in the promotional mix. To increase demand and jump-start sales, that is the aim.
A Sales Marketing and Publicity
Advertising and sales promotion are the following: b. Personal selling; c. publicity and/or public relations; and d.
Personal sales and sales promotion.
A company's sales efforts can be augmented by effective public relations strategies, which can help it build relationships with its clients, advertise its products, and promote its services. PR gives news articles a good spin and is frequently thought of as unbiased and objective promotion as opposed to other types of promotion.
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the market structure called perfect competition is best described as
Pure or perfect competition is a market structure in which there are many tiny enterprises competing with one another.
What is perfect competition?A market structure characterized by a high number of small businesses competing against one another is known as pure or perfect competition.
Because no single firm has a sizable amount of marketing power to affect market prices, the industry as a whole operates at its best level of output.
It has been shown in theoretical models with the perfect competition that a market will find equilibrium when the amount supplied for each good or service, including labor, equals the amount sought at the current price.
A Pareto optimal equilibrium would be this one.
Therefore, pure or perfect competition is a market structure in which there are many tiny enterprises competing with one another.
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Correct question:
The market structure called perfect competition is best described as _____.
what customer segment(s) does your company sell your product to? low tech high tech distributors a and b
Option first is correct. Low-tech High-tech Customer segments to which your company sells products.
The term business-to-consumer (B2C) refers to the process of selling products and services directly between a business and the consumer, the end user of that product or service. Most companies that sell directly to consumers are B2C companies.
B2C was very popular during the dot-com boom of the late 1990s, used by online he merchants who sell products and services to consumers, primarily through the Internet.
As a business model, business-to-consumer is very different from the business-to-business (B2B) model, which refers to transactions between two or more businesses. Business-to-consumer refers to the process by which a business sells products or services directly to consumers without intermediaries.
B2C usually refers to online merchants who sell products and services to consumers over the Internet. Online B2C has become a threat to traditional retailers who profit from adding markup. But companies like Amazon, eBay, and Priceline thrived and eventually became industry disruptors.
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jones company has the following information: total estimated manufacturing overhead costs $200,000 total estimated direct labor costs 800,000 actual direct labor costs 50,000 actual manufacturing overhead costs 210,000 what is the predetermined overhead allocation rate based on direct labor costs as a single plantwide rate?
The predetermined overhead allocation rate 25%
How to calculate the predetermined overhead allocation rateThe predetermined overhead allocation rate can be calculated as follows:
Predetermined overhead allocation rate = Estimated manufacturing overhead costs / Estimated direct labor costs
In this case, the estimated manufacturing overhead costs are $200,000 and the estimated direct labor costs are $800,000. Therefore:
Predetermined overhead allocation rate = $200,000 / $800,000 = 0.25 or 25%
This means that for every dollar of direct labor costs incurred, the company will allocate 25 cents of overhead costs.
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the pricing strategy for 3m’s post-it® flag highlighters was to
Option b. charge a price that would give/provide a reasonable bookstore price to students and an acceptable profit to distributors and 3M.
Businesses can use different pricing strategies when selling their products and services.
To determine the most effective pricing strategy for a company, executives must first identify the company's pricing position, price segments, pricing capabilities, and competitive pricing strategies.
Pricing strategies and tactics vary from company to company and vary across countries, cultures, industries and over time as industries and markets mature and general economic conditions change.
A pricing strategy determines the price a company sets for its products. Pricing can be set to maximize profitability from each unit sold or the market as a whole.
It can also be used to defend an existing market from new entrants, increase market share within a market, or enter new markets.
Pricing strategies can bring both competitive advantages and disadvantages to a company, and often determine the success or failure of a company. Therefore, choosing the right strategy is important.
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Complete question:
3M's pricing strategy for its Post-it ® Flag Highlighters was as follows:
a. match its principal competitors' highlighters' prices.
b. charge a price that would give a reasonable bookstore price to students and an acceptable profit to distributors and 3M.
c. set an initially low price with the intent of bringing down the price even further later if sales were less than anticipated.
d. make the product easier to purchase by placing the Post-it ® Flag Highlighter in discount office supply retailers.
e. use the same pricing strategy as its 3M's Post-it ® Flag and Post-it ® Note offerings.
what company sponsored the halftime performance 2023?
Every year since the beginning of the show, Apple Music has served as the primary presenting sponsor. The "Apple Music Halftime Show" is now in existence.
Are the halftime entertainers in 2022 paid?The NFL does not pay halftime performers a "appearance fee, but the artists are definitely paid union scale," according to NFL Vice President of Communications Brian McCarthy in a statement to Newsweek.
What three companies will run ads during the 2023 Super Bowl?This year, co-branded advertisements should be expected from brands. Netflix and General Motors have a partnership. Instacart and Netflix have joined together with Michelob Ultra. For a consumer wager, Molson Coors is partnering with DraftKings to choose whether Coors Light or Miller Lite will be featured in the company's Super Bowl commercial.
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one of the most important motives for brands to acknowledge is when people ask, 'what’s in it for me?' what type of impulse does this best describe?
This impulse is often characterized by the desire to fulfill personal needs and desires, including the need for security, recognition, achievement, and satisfaction.
The motive for brands to acknowledge the question, "what's in it for me?" is typically driven by the self-interest impulse.
When people ask this question, they are essentially trying to understand the benefits that the brand or product can offer them, and whether or not it aligns with their personal values and goals. As such, brands that can effectively answer this question and address the self-interest impulse are more likely to be successful in engaging and retaining their target audience.
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with respect to critical audit matters, which of the following statements are true? they are included in the audit report of an issuer entity they are not included in the audit report if the explanatory paragraph needs to be included. they are communicated to the audit committee they are included only if auditor issues a modified audit opinion
The statement "they are included only if the auditor issues a modified audit opinion" is not true. CAMs are required to be communicated in the auditor's report even if the audit opinion is unmodified.
What are CAMs?Generally, The statement "they are included in the audit report of an issuer entity" is true with respect to critical audit matters.
Critical audit matters (CAMs) are required to be communicated in the auditor's report for audits of large accelerated filers in the United States, as mandated by the Public Company Accounting Oversight Board (PCAOB). CAMs are matters that are communicated or required to be communicated to the audit committee that (1) relate to accounts or disclosures that are material to the financial statements and (2) involve especially challenging, subjective, or complex auditor judgment.
The statement "they are not included in the audit report if the explanatory paragraph needs to be included" is not true. CAMs are included in the auditor's report regardless of whether an explanatory paragraph is needed.
The statement "they are communicated to the audit committee" is also true. As per the PCAOB standards, CAMs are required to be communicated to the audit committee in writing.
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The financial market first started over 500 years ago with merchants trading debts. True or False?
True. The concept of financial markets has been around for centuries, with the earliest known example being the trading of debts by Italian merchants in the 13th century.
What was the origin of the financial market more than 500 years ago?More than 500 years ago, merchants swapping debts marked the beginning of the modern financial market. The financial markets are a recent technological innovation that dates back only about 50 years.
Is the financial market the smallest one there is?One of the smaller markets in the world economy is the financial one. One of the most crucial markets for economic expansion is the financial one. The only businesses and rich individuals who care about the financial market.
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in what way are employee benefits actually better than wages?
Employee benefits and wages both play important roles in an employee's compensation package. While wages provide regular income to employees, employee benefits can offer additional value and support.
Here are a few ways in which employee benefits may be better than wages:
Health benefits: Many employers offer health insurance as a benefit to their employees, which can be costly to purchase on an individual basis. Health benefits can provide access to medical care, preventative services, and prescriptions that employees may not be able to afford otherwise.
Retirement benefits: Retirement benefits such as 401(k) plans or pensions can provide employees with a way to save for their future and provide financial security after they stop working. Some employers may also offer matching contributions to these plans, which can help employees build their savings even faster.
Paid time off: Benefits such as paid vacation time, sick leave, and holidays can give employees the opportunity to take time off when they need it, without sacrificing their income. This can improve work-life balance and reduce stress, ultimately leading to higher job satisfaction.
Work-life benefits: Some employers offer benefits such as flexible work schedules, remote work options, or on-site childcare that can help employees balance their work and personal responsibilities.
Overall, employee benefits can provide additional value and support to employees beyond their regular wages. This can improve job satisfaction, attract and retain top talent, and ultimately benefit both the employee and the employer.
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what is accrual basis accounting
The accrual basis accounting is the process of accounting which recogines business's revenue and the matching expenses which are generated but not when the money acutally changes hands.
The accural accounting is the method of accounting where the revenues and the expenses are recorded which is eanred unless the money is actually received or paid.
There are 3 basic kinds of accrual basis accounts, the matching expenses which are generated but not when the money acutally changes hands.which are accounts receivable, accounts payable, accrued revenue and the accrued liabilities.
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Suppose your expenses for summer school are as follows: tuition: $5,000, room and board: $3,000, books and other educational supplies: $500. Further, during the term, you can only work part-time and earn $4,000 instead of your full-time salary of $10,000. What is the opportunity cost of going to college this term?
The opportunity cost of attending college this semester is $6500.
Using the following formula, opportunity cost is determined as follows: Opportunity Cost is calculated as Return on the Most Profitable Investment - Return on Investment Pursued.
= $5,000+$3,000- $500.=6500
The value of the best alternative foregone when, due to limited resources, a decision must be made between numerous mutually exclusive alternatives is known as the opportunity cost in microeconomic theory. If the best option is chosen, the "cost" is the loss of the benefit that would have been gained from selecting the next-best option. It is described as "the loss of potential gain from other choices when one alternative is chosen" in the New Oxford American Dictionary. The goal of opportunity cost, as a depiction of the link between scarcity and choice, is to ensure efficient use of limited resources.
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Which fund would be financed primarily through the receipt of property and other taxes?
A Governmental funds
B Proprietary funds
C Both governmental and proprietary funds
D Neither governmental nor proprietary fun
Option - A : Governmental funds would be financed primarily through the receipt of property and other taxes.
The daily operations and activities of government bodies, such as cities, counties, and school districts, are accounted for using government funding. They are largely supported by taxes and other kinds of income that the government can utilise for general purposes. Taxes that are collected by the government, such as income taxes, sales taxes, and property taxes, may be used to pay public services. The majority of the city's tax-financed operations are covered by these monies. Reporting on government funds frequently has a fiscal focus. General, special revenue, capital projects, debt payment, and permanent funds are the five categories into which the government divides its finances. Governmental finances are often used to keep track of (governmental) operations that are funded by taxes. Use of proprietary money to record business-related activities.
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what is the assembly line called that focuses on producing more than one model?
A mixed-model assembly line (MMAL) is a type of assembly line used to assemble various different models of a given product. According to Quarterman Lee, president of Strategos Inc., "Mixed-model production is the practise of assembling several different models of a product on the same assembly.
A mixed-model assembly line (MMAL) is a type of assembly line used to assemble various different models of a given product. Because of the greater variety of industrial settings where MMAL is used today, The method used to test the statistical significance of the random factor in the 2-way mixed model—which has one fixed factor product and one random factor—has received attention.
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the consumption of good z creates positive externalities, but there are no externalities in producing good z. what must be true at the market equilibrium for good z if the market is not regulated?
If the consumption of good Z creates positive externalities but there are no externalities in producing it, the market equilibrium for good Z will not account for the positive externalities in the consumption of the good.
This means that the market equilibrium quantity of good Z will be lower than the socially optimal quantity. Since consumers only consider their private benefit when making purchasing decisions, they will only be willing to pay for the private benefits of consuming good Z and not the positive externalities that it creates. This leads to a situation where the market under-produces the good Z from the social point of view.
Therefore, if the market is not regulated, the following must be true at the market equilibrium for good Z:
The quantity of good Z produced and consumed will be lower than the socially optimal quantity.
The price of good Z will be lower than the socially optimal price, reflecting only the private benefits of consuming the good and not the positive externalities it generates.
There will be an inefficiency in the market as the positive externalities of consuming good Z are not taken into account, resulting in a deadweight loss.
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FILL IN THE BLANK. when a firm has a superior level of cooperation and innovation among its research team that allows it to design a new product two days faster than its competitors it has created a ________.
the creation of goods with distinctive features It must be suitable to set itself out from contending products on the request and offer druggies a singular experience.
Together with having a clear purpose and value proposition that appeals to guests and fulfills their requirements, a successful product should also have certain attributes. It enables the dealer to punctuate the distinctive rates that make their product outstanding by drawing comparisons between their own product and those of the request's rival products. When used effectively, merchandisers can get an edge over rivals by pressing what makes their goods special. Your brand's recognition will increase with custom particulars. An original product would be preferred by consumers over a tried- and-true bone with several merchandisers that's oversaturating the request. Poor customer fidelity results from general particulars.
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your company has implemented an aed program. when should you get the aed?
An AED (Automated External Defibrillator) is a life-saving device that can help save the life of someone experiencing sudden cardiac arrest. If your company has implemented an AED program, it's essential to have the AED readily available in the event of an emergency.
In general, an AED should be located in an area where it is easily accessible to everyone in the workplace, especially those who are trained in its use. For example, if your workplace is spread out over multiple floors or buildings, it may be necessary to have multiple AEDs in different locations. When determining where to place the AED, consider the following factors:
The AED should be visible and easy to locate. If an emergency occurs, you don't want people wasting valuable time searching for the device.The AED should be located near the area where people are most likely to experience sudden cardiac arrest. For example, if your workplace involves physical labor, it may be wise to have an AED located in the area where the most physically demanding work is being done.The AED should be accessible at all times. If your workplace has restricted access areas, make sure that the AED is still accessible in case of an emergency.Once you've determined where to place the AED, it's essential to ensure that the device is in good working order and regularly maintained. This includes checking the battery, pads, and other components of the AED to ensure that it is always ready for use in case of an emergency.It's also crucial to train employees in the proper use of the AED. Training should include not only how to operate the device but also when it is appropriate to use it and the steps to take before and after its use. Regular training can help ensure that employees are confident and prepared to use the AED when it's needed.In conclusion, having an AED program in place is a significant step in keeping your workplace safe. Ensuring that the AED is in the right location, well-maintained, and that employees are trained in its use, can make all the difference in saving someone's life in the event of an emergency.
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ticket prices to a kanye west concert increase from $40 to $60. as a result, ticket sales decrease from 50,000 to 40,000. total revenue changes from and demand is . group of answer choices
Total revenue changes from 2 million to 2.4 million. The demand is inelastic
How to solve for revenue changesHow to solve for the revenue change
$40 * 50,000
= $2 million
$60 * 40,000
= 2.4million dollars
demand elasticity
40000 - 50000 / 40000
60 - 40 / 40
= -1 / 5 ÷ 2 / 4
= -2 / 5
This is inelastic since it is less than 1
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The number of companies involved in international trade has grown significantly in recent years. What percent of U.S. exporters are relatively small companies (i.e. less than 500 employees)?
A.Less than 5%
B.10%
C.25%
D.More than 90%
The number of companies involved in international trade has indeed grown significantly in recent years, driven in part by advances in technology and increased access to global markets. Here option D is the correct answer.
In the United States, small and medium-sized enterprises (SMEs) play an important role in international trade, accounting for a significant portion of U.S. exports.
In fact, the vast majority of U.S. exporters are relatively small companies. According to data from the U.S. Census Bureau, more than 90% of U.S. exporters have fewer than 500 employees. This suggests that SMEs are a critical part of the U.S. export economy and that international trade can provide important growth opportunities for smaller businesses.
While larger companies may have more resources and experience to navigate the complexities of international trade, smaller companies can often be more agile and innovative in responding to new market opportunities. As such, supporting SMEs in international trade is an important policy priority for many governments around the world.
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what is the primary benefit that emerges from the use of open-ended marketing research questions?
Prescriptive knowledge reflects evolving patterns, such as shifting consumer preferences or ebbs and flows in the economy. Prescriptive knowledge identifies problems and explains why they exist.
What is marketing and example?In a nutshell, it is an action made to draw attention to a company's offerings, which may include both tangible products for sale and services provided. Television ads, billboards at the side of a road, and magazine ads are typical instances of marketing at work.
Why are marketing abilities crucial?Marketing is what connects customers with goods. It can therefore influence how a company or organisation runs. Since marketing talents are so adaptable, employers seek them out in job candidates. Company leaders must understand how to carry out logical marketing research.
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__________ is the premium added to the real risk-free rate to compensate for a decrease in purchasing power over time.
The premium for maturity risk, which is added to the real risk-free rate to account for a decline in purchasing power over time, is added.
A maturity risk premium is the increased profit you will get from buying a bond with merely a longer maturity date. Charges for maturity risk are intended to offset the risk involved with owning bonds for an extended period of time. In general, as the time to maturity lengthens, the maturity risk premium rises. The "maturity risk premium" is the additional return that such an investor demands or receives in exchange for bearing the maturity risk. In the event of a bond, the idea of maturity risk typically applies. In order to make up for the increased risk that the investor assumes as a result of the longer maturity, a lengthy bond offers a bonus in the form of an increased interest rate.
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