A store will give you a 2.25% discount on the cost of your purchase if you pay cash today. Otherwise, you will be billed the full price with payment due in 1 month. What is the implicit borrowing rate being paid by customers who choose to defer payment for the month

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Answer 1

The implicit borrowing rate is 31.4%.
Given that if payment was made in cash today, the store would reduce the cost of the product by 2.5 percent. This implies that the price you must pay at that time is $195.5, for instance, if the cost of the things is perhaps $200.
If the price is still $200, you will have to pay $200 at the end of the month. A difference of $200 - $195.5 = $3.5 if we compare at the end of the month versus if you pay immediately.This results in an increase of (3.5/196) x 100% = 1.79 %. An increase to bring the price back to $200.
Considering that a year has 12 months, the implicit borrowing rate at the conclusion of that year will be;

([(200/195.5)(12)] - 1) at 100% equals 31.4%.

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Related Questions

What is the primary argument of the interactional perspective of organizational behavior?

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organizational behavior is a function of interdependent person and situation factors.

What do you understand by organizational behavior?

The academic discipline of organizational behavior examines how individuals behave in groups. In an effort to improve business operations, organizational behavior theory's ideas are generally implemented.

The study of human behavior in organizational contexts, the interface between human behavior and the organization, and the organization itself are all included in the term "organizational behavior".

These actions are pro-active in character and work to make things better for the person, the group, or the organization. Issue selling, taking the initiative, positive change-oriented communication, creativity, and proactive socializing are a few examples of these characteristics.

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Hierarchy is the means of coordination in which independent agents adjust their actions in response to information and incentives from their immediate environment. Group of answer choices True False

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True, Hierarchy is the means of coordination in which independent agents adjust their actions in response to information and incentives from their immediate environment.

Typically, the term "coordination" refers to the planning of collaborative actions among participating systems to achieve a goal. In the Ramadge-Wonham framework (1987), hierarchical coordination of separate systems described by automata is presented.A group of individuals or objects ordered according to rank, or the individuals who hold the highest positions in such a system, are considered to be in a hierarchy. A hierarchy example is the business ladder. The many ranks of priests in the Catholic church serve as an illustration of hierarchy.

What is the type of coordination?

Internal coordination, or creating a connection between all of the employees, departments, etc., and external coordination, or creating a connection between the employees and others outside the organization, are the two main types of coordination.

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According to california real estate law, how often must a broker balance his or her trust accounts?

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According to california real estate law, how often must a broker balance his or her trust accounts is Trust accounts must always be a balance equal to the security deposits total.

What is  California real estate law?

California real estate law can be defined as the regulation or rules and law that real estate owner are expected to abide by or follow.

The aim and purpose of California real estate law is to protect the general public from real estate owner are not trustworthy and lack integrity.

Hence,  According to California real estate law, how often must a broker balance his or her trust accounts is: The Trust accounts must always be a balance equal to the security deposits total.

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Which of the following is a type of tax paid straight to the federal government?
O Income tax
Sales tax
O Property tax
Regressive tax

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It's income tax...... :)

Option a: Income tax

Income tax is a tax levied on an individual or group with respect to the income or profits received by the individual or group. Income tax is usually calculated as the product of tax rate and taxable income. tax rates may vary depending on the type and characteristics of the taxpayer and the type of income.

Income tax is a tax that the government imposes on income generated by businesses and individuals within its jurisdiction. Income tax is used to fund public services, pay government obligations, and provide goods to citizens.

what is income tax? the tax levied on the income of a company or individual is known as income tax. Income taxable income can come from various sources, including wages, salaries, dividends, interest, loyalty, rent, gambling prizes, and product sales.

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Determine the effective hourly cost, the total annual cost, and the labor burden markup for the Superintendent with the following wage and benefit information

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Given the following information, calculate the hourly cost and labor burden markup percentage of a project manager

Base Salary: 880.000 annually

Total Labor Burden: $ 22.000 annually worked hours per week: 40 worked weeks per year: 52

Paid Vacation: 2 weeks per year ($1.600 for.

the hourly cost and labor burden markup percentage of a project manager.

Answer - (A) $53.05 per hour. 40% labor burden markup.

The total cost formula combines the variable and fixed costs of product offerings into one sum. The formula is Total cost = (average fixed cost x average variable cost) x number of units produced.

The total annual cost is the sum of the normal cost and the additional annual cost.

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Abel enters into a contract with baker to sell 10,000 widgets at 2.00 per unit because of:________

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Abiel enters into a contract with Baker to sell 10,000 widgets at $2.00 per unit. Because of a typographical error, the printed contract stated that the price would be $20.00 per unit rather than $2.00 per unit.

A typographical error, often known as a misprint, occurs when written content is typed incorrectly. In the past, the term was used to describe typographical errors made by hand.

A scrivener's error is another term for a typographical error in a legal document. However, the term that is frequently used is "typo mistake." In essence, it is a typographical or spelling error made as a document is being finalized. Courts may offer rectification as a remedy to correct mistakes in written documents. Correction is usually only possible when there was a prior understanding between the parties and the written document failed to adequately reflect that understanding.

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A company has an overhead application rate of 125% of direct labor costs. How much overhead would be allocated to a job if it required direct labor costing $20,000

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The correct answer is $25,000.

Direct labor cost = $20,000

Overhead application rate = 125% of direct labor cost

Overhead applied =20000 * 125% = $25,000

Direct labor refers back to the salaries and wages paid to people that can be once attributed to unique products or services. It includes the price of regular operating hours, extra time hours labored, payroll taxes, unemployment tax, Medicare, employment insurance, and so forth.

A direct exertions fee is calculated actually by using dividing the predicted total hard work price by using the overall direct exertions hours. For example, if the charge is for a Machinist stage I, the enterprise would calculate the mixture of wages plus taxes and fringe advantages the business enterprise pays for this hard work class over the following yr.

Once you have got the entire value, the direct labor fee is calculated by means of dividing that dollar quantity by way of the whole hours of labor calculated in advance. The end result is the direct exertions cost consistent with the hour for the production of that product or the shipping of that service.

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The roles and responsibilities of hrm professionals have evolved primarily because?

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Human resource management tasks and responsibilities have developed largely as a result of two important factors: (1) firms' identification of workers as their ultimate resource and (2) changes in legislation that overturned many conventional practices.

Human resource management is  mostly the practice of recruiting, hiring, the deployment, and  managing personnel in a business. HRM is frequently abbreviated as "human resources" (HR).

HRM has changed dramatically over the previous two decades, making it an even more vital position in today's enterprises. HRM used to involve processing payroll, sending birthday presents to staff, organizing corporate trips, and ensuring forms were completely filled out, in other words, more of an administrative duty than a strategic position critical to the organization's success.

Therefore, human resource management duties and responsibilities have primarily evolved as a result of two key factors: (1) enterprises' identification of workers as their ultimate resource and (2) legislative developments that have reversed many traditional practices.

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If the demand for product x is inelastic, a 15 percent decrease in the price of x will:____.

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If the demand for product x is inelastic, a 15 percent decrease in the price of x will: Reduce by more than 15 percent the amount of X that is being requested. Reduce by less than 15 percent the amount of X that is being requested.

This is further explained below.

What is the inelastic market?

Generally, An economic concept known as inelastic refers to an item or service's static quantity when its price varies. When a product's price increases or decreases, customers' purchasing patterns are said to be inelastic, which indicates that neither change affects the other.

In conclusion,If there is no elasticity in the demand for product x, then a price reduction of 15% for product x will have the following effects: The quantity of X that is being requested should be decreased by more than 15 percent. The quantity of X that is being sought should be decreased by more than 10 but less than 15 percent.

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The imposition of a price ceiling on a market often results in:

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The imposition of a price ceiling on a market often results in a shortage.

Price ceilings prevent a charge from growing above a certain stage. whilst a rate ceiling is set beneath the equilibrium charge, the amount demanded will exceed the amount provided, and extra calls for or shortages will result.

The usual end result of a charge ceiling is a shortage because whilst a charge ceiling is set beneath the equilibrium charge, the quantity demanded is greater than the quantity supplied.

A charge ceiling is illegally imposed on most rates. When the rate is about underneath the equilibrium rate, the quantity demanded will exceed the amount supplied. This could bring about a shortage.

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The definition of Blank______ states: the difference between money coming into a country (from exports) and money leaving the country (from imports) plus money flows coming into or leaving a country from other factors such as tourism, foreign aid, military expenditures, and foreign investment.

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The definition of Balance of Payments states:

The difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment.

What is Balance of Payments ?

The balance of payments is a tool in international trade that demonstrates the financial transaction made by a particular country with foreign countries. Its most often includes export, import and transfer payments.

Theoretically, it should be zero as a country's assets should equal the liabilities. However, in practice, that is not always the case, as the country's debits and credits can create a discrepancy in the balance of payments, which creates a surplus or deficit.

A favorable balance of payment means that a country exports exceed imports. B.O.P records economic transactions of goods and services as well as other payments such as international aid, capital flow, and international remittances. A Favorable or positive balance of payment means that the aggregate of country foreign inflow exceeds outflows.

Thus, we can say that above  definition state Balance of Payments.

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What term describes the ratio of change in a price and its effect on the quantity of the product demanded?

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The Price elasticity of demand is the term that describes the ratio of change in a price and its effect on the quantity of the product demanded.

What is a Price elasticity of demand?

This refers to the percentage change in the quantity demanded that is divided by the percentage change in price.

Normally, when the demand is elastic, this means that the quantity demanded changes by a relatively larger amount than the price change. So, if the consumers are sensitive to price changes, the demand is then elastic, if they are unresponsive, then demand is inelastic

Hence, Price elasticity of demand is the term that describes the ratio of change in a price and its effect on the quantity of the product demanded.

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Susan works for a firm that has high degrees of formalization in their organizational structure. She understands that one of the main drawbacks of working in a firm with such high levels of formalization can often result in which of the following?

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She understands that one of the main drawbacks of working in a firm with such high levels of formalization can often result in which of the following; a slower decision making process.

What is high degrees of formalization?

This is the extent to which the roles that are in the organization are independent of the persons in this organization that may be covering or taking are of such roles.

In this business, they are said to have a high degree of this and the issue they would have is that there would be slow decision making in the business.

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Ambiguities in contracts are always interpreted in favor of the party who wrote the contract, since he or she is the one who knows what the provision is supposed to mean. Group of answer choices True False

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Ambiguities in contracts are not always interpreted in favor of the party who wrote the contract, since he or she is the one who knows what the provision is supposed to mean. So this is False

Typos are almost always detrimental to the validity of a contract because they cause the contract to not reflect the true agreement of the parties.

What is Ambiguities in contracts ?

"A contract or a provision in a contract is ambiguous if it is reasonably susceptible to more than one interpretation or construction."

In other words, if both parties' interpretation is reasonable given the written language of the agreement, the contract may be ambiguous.

When interpreting a contract, a court looks to plain language of the written agreement, without reference to outside sources.

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A modification to a product that changes the taste, texture, sound, smell, or appearance is a(n) _______.

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A modification to a product that changes the taste, texture, sound, smell, or appearance is a style modification.

Product modification is the process of improving already-existing items by making the required adjustments to their nature, size, packing, colour, and other attributes in order to better meet changing market demands. The goal of the product change is to retain current demand, draw in new customers, and effectively compete with rivals.

The company's earnings improve as a result of increased sales, which are aided by this. The product's look is altered as part of the style enhancement plan. Nevertheless, a product's quality never changes. Here, the product's packaging or its shape, colour, or other characteristics may be altered. The fashion business frequently employs this tactic.

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One thing that franchise systems, wholesaler-sponsored chains, and retail cooperatives have in common is that they are all:________.

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One thing that franchise systems, wholesaler-sponsored chains, and retail cooperatives have in common is that they are all kinds of a distribution system on contractual basis. Contractual Basis A flight crew member employed by the Company for a period of no more than six months.

AIR What Do Page Data Recorders Mean? Voice Recorders in the Cockpit Flight Data Recorders (FDRs) A twenty-four hour period of time. Travel by air or surface transportation at the request of the company to meet service requirements.

Flight Attendant A flight crew member who is a member of the bargaining unit and is assigned to the position of Captain, First Officer, Flight Engineer, or Second Officer. Time refers to the amount of time that elapsed between the actual ramp departure and the actual ramp of the Guaranteed Day Off.

An uninterrupted 24-hour period off duty beginning at hours at the employee's home base. This could be extended to include operational disruptions.

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To become and remain more creative, marketing professionals should establish greater numbers of ______ in their thought-life.

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To become and remain more creative, marketing professionals should establish greater numbers of intersections in their thought-life.

What do marketers do professionally?

Marketing specialists define the methods and tactics applied to draw clients to a company. They assist a company to maximize earnings, increase market share, and set pricing based on supply and demand for the product. They also offer advice on developing new products and analyzing industry trends.

What abilities are required to work in marketing?

Professionals with experience in a range of marketing strategies and venues should be drawn to marketing job descriptions. They should be able to interpret the data that supports a specific marketing plan, have an eye for branding, and comprehend consumer behavior naturally.

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Associations between land cover categories, gaseous PAH levels in ambient air and endocrine signaling predicted from gut bacterial metagenome of the elderly

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A study by Vari, et al., (2021) reveals that there was an associations between land cover, gaseous PAHs and that of gut functional microbiome.

What was the study about?

The study of Vari, et al., (2021) was one done so that they can evaluate the effect or the consequences of ambient air PAH pollution when it is seen along an urban-rural gradient.

The study was said to have found some measures of associations between land cover, gaseous PAHs and gut functional microbiome.

It reveals that the PAH levels in air were said to be of a  high rate in active farms and was seen to be of  low  rate when seen next to broad-leaved forests.

It shows that Functional orthologs for endocrine signaling went up along with broad-leaved forest cover and thus the use of air purification by forests can be able to help to ease the endocrine disruption power of PAHs.

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Dwayne blue was pleasantly surprised to find out that within three to five years after expiration of a previous life insurance policy, he can.

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Dwayne blue was pleasantly surprised to find out that within three to five years after the expiration of a previous life insurance policy, he can reinstate the policy subject to current qualifications.

What is a life insurance policy?

A life insurance policy is a contract between an insurance policy holder and an insurer or assurer in which the insurer agrees to pay an amount of money to a selected beneficiary upon the death of an insured individual. Other occurrences, such as terminal sickness or severe illness, may also trigger payment depending on the contract. Universal life insurance (UL) is classified into three types: indexed universal life insurance (IUL), guaranteed universal life insurance (GUL), and variable universal life insurance (VUL). All of them, like whole life insurance policies, have a monetary value. Your premiums contribute to the cash value as well as the death benefit.

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Both interest bearing and noninterest bearing notes bear interest.
A. True
B. False

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The statement "Both interest bearing and noninterest bearing notes bear interest." is true.

An interest-bearing note bears interest. The interest on a non-interest-bearing note is subtracted from the note's principal. So, the statement is true.

An interest-bearing note is a sum of money that a lender lends to a borrower, with interest accruing in line with the conditions of the contract.

A non-interest bearing note is a loan for which the borrower is not legally required "to pay the lender any interest" at all.

Both kinds of notes bear interest, hence the term "noninterest bearing" is misleading. Interest is deducted from a noninterest bearing note at the time the loan is made.

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Check my work the three legs of a project triangle are _____, scope, and time.
a. cost.
b. environment.
c. requirements.

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The three legs of a project triangle are cost, scope, and time.

The project management triangle is made up of three variable that is scope, cost and time. These determine the quality of project. All three constraints need to be under control.

Cost determines the financial constraints of a project . Scope determines the tasks required to fulfill the project's goals . Time determines the schedule for the project to complete. These three constraints are impacted by the budget, deadlines and features.

It is project manager's responsibility to ensure that the three points are well balanced to achieve the best quality goal while staying within budget, on deadline and adhering to the project specifications.

Scope is directly proportional to time and cost. While time and cost are inversely proportional. The triangle is balanced when scope is equal to the combination of cost and time.

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One reason the ad curve is downward sloping is the __________ effect

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price level falls, purchasing power rises effect is the reasons the ad curve is downward slopinging

In the following question you are asked to determine, other things equal, the effects of a given change in a determinant of demand or supply for product X upon (1) the demand (D) for, or supply (S) of, X; (2) the equilibrium price (P) of X; and (3) the equilibrium quantity (Q) of X. A reduction in the number of firms producing X will

Answers

An increase in the cost of production would shift the supply curve to the left implying lower quantity and higher price with the demand curve remaining as it is; decrease in S, decrease in Q and increase in P.

Conversely, if a firm faces better expenses for production, then it'll earn decreased profits at any given selling rate for its merchandise. As a result, a higher fee for manufacturing commonly reasons a firm to supply a smaller quantity at any given price. In this case, the supply curve shifts to the left.

A boom in issue expenses has to lower the quantity providers will provide at any fee, moving the supply curve to the left. A reduction in factor expenses increases the amount providers will offer at any charge, shifting the delivery curve to the proper.

Reduced supply method that at each given price, the quantity furnished is lower, in order that the supply curve shifts to the left, from S0 to S1. increased supply means that at every given rate, the quantity provided is higher, so that the supply curve shifts to the right, from S0 to S2.

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Based on the expectancy theory, managers who want to motivate their employees should: (select 2 that are true)

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Determine the rewards valued by each employee, link rewards to performance, determine what factors might counteract the effectiveness of a reward, and make sure the rewards are adequate for the level of performance.

What is expectancy theory?

Expectancy theory is a thought method that emphasizes personal preference and the decision-making process. The process that different people go through when making decisions is outlined by expectancy theory. These options could be decisions for the real world, educational decisions, or fun decisions.

These people base their decisions on expectations of the outcomes of their decisions. We frequently make clothing decisions based on our desire to be both comfortable and ready for the day's events.

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The client may spend the latent phase of the first stage of labor at home unless which occurs?

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The client may spend the latent phase of the first stage of labor at home unless the client experiences a rupture of membranes occurs.

The cell membrane is a biological membrane that separates the inside of all cells from the external environment and protects the cells from that environment.

The membrane is composed of lipids and proteins and acts as a barrier to cells and organelles. Membranes keep the outside "outside" and the inside "inside", allowing only specific molecules to intersect and relay messages through a series of molecular events.

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According to the​ text, firms encounter rising costs when they attempt to produce more in the same time period. As a​ consequence, they must be offered a higher price to be willing to incur these higher costs. The resulting relationship between price and quantity supplied is:.

Answers

The resulting relationship between price and quantity supplied is called-

Law of Supply and this is a direct ( or positive ) relationship.

The law of supply states that there is a positive relationship between the

price and the quantity supplied.

What is meaning of law of supply?Law of supply states that other factors remaining constant, price and quantity supplied of a good are directly related to each other. In other words, when the price paid by buyers for a good rises, then suppliers increase the supply of that good in the market.

The law of supply summarizes the effect price changes have on a producer's behavior. For example, a business will make more of a good (such as TVs or cars) if the price of that product increases. So, if the price of TVs increases, TV producers are incentivized to produce more of them.

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In regard to project priorities, if a project parameter such as the completion date or the cost of a project is fixed and must be met, it is considered ____________.

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In regard to project priorities, if a project parameter such as the completion date or the cost of a project is fixed and must be met, it is considered constrained.

Project prioritization is the process of determining which potential and existing projects are the most urgent and important. This process involves evaluating the standards most relevant to your business and applying those standards to all projects.

The project scope is the part of the project plan that establishes and documents a list of objectives, deliverables, tasks, costs, and deadlines for a particular project. A document about the scope of a project is called a scope statement or terms of reference.

The project priority system selects which projects should be pursued in support of the organizational strategy. Additionally, a model is needed to assess the long-term effectiveness of the project prioritization system. The scoring model focuses on performance in the following key areas:

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The MR = MC rule applies Multiple Choice in the short run but not in the long run. in both the short run and the long run. in the long run but not in the short run. only to a purely competitive firm.

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The MR = MC rule applies in both the short run and the long run.

What is MR = MC rule?

The profit maximization rule is denoted by the equation MC = MR in economics, where MC stands for marginal expenses and MR for marginal revenue.When marginal costs, or the change in expenses brought on by producing a new item, are equal to marginal revenues, businesses are best positioned to maximize their profits.Although it appears to be a mathematical equation, this is actually an extremely complicated equation that is always changing and must account for practically every market component.The change in overall cost caused by an increase in the amount produced, or the price of producing more, is known as the marginal cost.The increased total revenue produced by increasing product sales by 1 unit is known as marginal revenue, a key concept in microeconomics.

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For the product, moose with calf, what was the total dollar sales amount for february 2016?

Answers

Answer:

H 0LA

Explanation:

C OMO ESTAS

What is the expected return of a portfolio consisting of stocks a and b if the expected return is 10 percent for a and 15 percent for b? assume you are equally invested in both the stocks.

Answers

The expected return of a portfolio would be 12.5%

(5 * 10%) + (5 * 15%) = 12.5%

A portfolio is a collection of financial investments such as stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange-traded funds (ETFs). People generally believe that stocks, bonds, and cash are at the core of their portfolio.

A portfolio definition is a flat case used to carry a loose sheet or a combination of investments or a sample of completed work. An example portfolio is a briefcase. Examples of portfolios are various investments by individuals. An example of a portfolio is an exhibition of an artist's previous work.

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