Answer:
the price of good Y will Increase and goods are complimentary
This is like highschool economics,
There should be quizlet flash cards for this
If an increase in the price of good x causes a decrease in the demand for good y, we can conclude that then, both X and Y goods are complementary goods.
What are substitute goods?Similar products that a client may employ for the same purpose are substitute goods. If the product they prefer is offered, your customers might buy it, but they might also look at alternatives if the price, the product's availability, or its quality changes. The demand for an item is frequently affected by these changes as well.
A complementary good or service is one that is utilized in conjunction with another good or service. Typically, the complimentary product has little to no value when ingested by itself. However, when combined with another good or service, it raises the bid's overall worth.
When two goods are complementary, a rise in the price of one good will result in a decline in the demand for the other good. The demand curve is also affected by the costs of related or replacement commodities.
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what systems are available and specifically the financial benefits iy holds for the user and owner.
Answer:
A financial management information system generates data that recipients find to be relevant to their decision-making and reporting processes.
The Tucker family has health insurance coverage that pays 80 percent of out-of-hospital expenses after a deductible of $1,000 per person. If one family member has doctor and prescription medication expenses of $2,200, what amount would the insurance company pay?
The insurance company pay will pay $960 to the Tucker family as health insurance.
The Tuckers' health insurance has a $1,000 deductible per person. This implies that the family member with $2,200 in doctor and prescription drug expenses must pay the first $1,000 before the insurance company will begin paying.
To begin, subtract the deductible from the total expenses to get the amount subject to coinsurance. This gives us 2200 - 1000 = 1200.
The amount subject to coinsurance is then multiplied by the coinsurance percentage to calculate the amount that the insurance company will pay. This results in 1200 * 0.8 = 960.
The insurance company would pay $960 for the Tucker family member's doctor visits and prescription drugs. The remaining $240 in expenditures would be borne by a family member.
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Instructions: Enter your answers as whole numbers.
A. 90, 000 B. 90, 000 C. 90, 000 D. 90, 000. Since the the Spanish consumers are indifferent between the domestic and imported product, hence, demand and supply remain constant at same price, €1 per cap.
What is Supply?In economics, supply is the amount of a resource that firms, producers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual. Supply can be in produced goods, labour time, raw materials, or any other scarce or valuable object.
Therefore, the correct answers are as given above.
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Essay on What Unique Things Would Separate You From Other Applicants Applying For This Money?
Unique Things that would Separate you from Other Applicants when applying for a loan are:
Proof of income. Investment statements. Employment history. How can an applicant be outstanding when applying for a loan?When applying for a loan, there are different criteria that would be followed, by the financial institutions.
One of this is Proof of income, this will be checked to know how much you earn, and this will help to determine the amount of loan that can be granted to you.
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The prices of vehicles often increase during tax season, when tax refunds are distributed. Using supply and demand, explain why prices for vehicles increase in tax season.
The demand for vehicles increases as a result of tax refunds since more people regard them as a chance to purchase a new vehicle. The price rises as a result of the increased demand. More demand equals higher value.
Why You Should Buy a Car during Tax Season?One of the most annoying aspects of being a working adult is taxes. It can be frustrating to compile all the required paperwork for submitting a tax return and can take hours out of your day. The worry of not knowing if you would owe money is another factor. The simple, lovely tax return, however, is one aspect of tax season that the majority of tax-filing adults look forward to.
Auto dealerships take a chance and purchase fresh inventory toward the end of the preceding year. This entails stocking typical dealerships' shelves with fresh merchandise in an effort to market the newest products.
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Transportation is a big part of the logistics picture. Freight can represent 50% of your logistics cost and up to 10-20% of your retail price. In a world of “free shipping” every importer knows that freight is not free. According to statement, discuss the operational factors that effects the transportation modes.
Some of the operational factors that affect the transportation modes chosen for freighting goods include:
CostService ReliabilityService RegularitySafety.What are the transportation modes?Transportation modes refer to the means of transportation. They include:
RailRoadAirMarinePipelinesInter-modal transportation.However, the choice of a transportation mode is determined by the comparative cost, reliability, regularity, and safety of service.
Thus, when one is considering the choice of a transportation mode, the operational factors must be considered.
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what is e-reputation?
What is the objective of (i) income statement and (ii) balance sheet?
(i) The income statement shows revenues and expenses over a financial accounting period.
(ii) Balance sheet is used to keep a track of the debits and credits.
One of the targets is to reveal internet gains and losses as a consequence of commercial enterprise operations and activities over a hard and fast date range. Maximum groups put together an earnings assertion on a month-to-month foundation.
Objectives of Income Statement
It provides a clear picture to the management of the performance of the company during the period and the effect on profitability and whether there is any scope for improvement.It is useful for the potential investor to analyze and decide whether he should invest in the company or not.It also helps the investors to analyze the creditworthiness of the company.It also shows the creditworthiness of a company and its ability to pay off its current obligation and is important for the creditors of the company as it serves as an indicator of the company’s financial standing.Objectives of Balance sheet
To provide financial informationTo reveal the financial positionTo calculate ratiosTo show the picture of assets and liabilitiesTo show solvency positionInformation about debtors and creditorsEvaluate the value and position of all the assets and liabilities. Recognize the quantity of capital owed to the owner on the 12 months-give up. Use as a reference in case demand for a loan arises. The principle objective at the back of preparing a balance sheet is to provide invested people with a concept of the enterprise’s financial situation, as well as to reveal what the corporation possesses and owes.
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On a production possibility curve, data points that fall outside of the curve represent
he government decides what is produced, along with how much is produced.
The government controls some aspects of the economy, such as infrastructure and transportation, while private consumers and producers control the means of production in other areas.
The government has no involvement or decision-making in what or how much is produced.
Option C. On the production possibility curve the data that falls outside of the curve shows that The government has no involvement or decision-making in what or how much is produced.
What is the point outside the production possibility curve?This is the point that is used to show the production that is unattainable by the government.
This point show that the the level of production is not one that is realistic. Hence it is impossible.
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Why are ethical concerns important issues when designing service pricing and revenue management strategies? What are potential consumer responses to service pricing or policies that are perceived as unfair?
Ethical concerns are important issues because service pricing schedules are intricate that it makes it easy for organizations to engage in unscrupulous manner.
What is ethics?It should be noted that ethics simply means the ability to know what's right from what's wrong.
In this case, ethical concerns are important issues because service pricing schedules are intricate that it makes it easy for organizations to engage in unscrupulous manner.
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Companies might easily engage in dishonest practices due to the complexity of service pricing schedules, making ethical considerations significant.
Why do we need ethics?Ethics may be defined as the capacity to distinguish between what is right and what is wrong.
In conclusion, Service pricing schedules are so complex that it's simple for businesses to act unethically, which raises ethical questions.
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is natalie davis actively involved in the decisions of the business woolworths
Yes.
Natalie Davis was appointed managing Director of Woolworths supermarket on October 2012.
Natalie joined the group in July in 2015 as director of customer transformation food group.
with an example, explain why a substantive disagreement may never be resolved
A substantive disagreement can never be resolved because of the differing opinions of the people involved.
What is a substantive disagreement?It is a disagreement between two or more people.It is a disagreement between people with different opinions and points of view on the same subject.If the people involved in the substantive disagreement are quite sure that their views are correct, that substantive disagreement can never be resolved, because none of the people involved will surrender to their opponents' point of view.
An example of this is two people arguing over whether the best pet is a cat or a dog, and each person wants to defend one of those animals.
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What is the impact on cash flow from operations in the current year based on the change in operating assets and liabilities listed below?
Self-assessment tools can help you choose an academic major by
A. Helping you Identify your interests
B. Comparing lifetime earnings
C. Suggesting financial solutions
D. Choosing for you
Option A. Self-assessment tools can help you choose an academic major by A. Helping you Identify your interests.
What are self assessment tools?This is the term that is used to refer to the tools that can help a person choose career by letting them know what there interest are.
This tool helps the person to gather more information about herself which would help in the decision making.
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what is the Industry structure of BDMS
Explanation:
Structure of Database Management System is also referred to as Overall System Structure or Database Architecture but it is different from the tier architecture of Database. The database system is divided into three components: Query Processor, Storage Manager, and Disk Storage
why is it important NOT to set your office fee schedule equal to the Medicare Fee Schedule?
Because the fee schedule is subject to change at any time during the year, it does not exceed (or at least does not equal) patients' allowances. Gains are lower if the fee schedule is lower than the medication fees because most other insurance allowances are higher than Medicare. So to gain higher revenue it is advisable not to set the office fee schedule equal to that of the Medicare. Medicare fee bis the most recent form of payment and eliminates wide payment variation across similar areas
What is the fee schedule?
The fee schedule is "a complete listing of fees used by Medicare to pay doctors or other providers/suppliers," according to the Centers for Medicare and Medicaid Services (CMS). On a fee-for-service basis, reimbursement for a doctor and/or other providers is done using this comprehensive list of fee maximums.
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The Economic Freedom of the World index provides a measure of the extent to which various countries
Group of answer choices
A. rely on democratic political decision-making to allocate resources.
B. rely on markets rather than political decision-making to allocate resources.
C. use transfer payments and subsidies to achieve an Egalitarian distribution of income.
D. use political allocation to promote economic nationalism.
The Economic Freedom of the World index provides a measure of the extent to which various countries rely on markets rather than political decision-making to allocate resources. (option B)
What is the Economic Freedom of the World index?Economic Freedom of the World Index is a measure used to determine the degree to which the policies and institutions of countries are supportive of economic freedom. The Economic Freedom of the World Index measures economic freedom of 184 countries.
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Why is the self and social awareness skill important and how can it help to prepare you for automation; remote work or changes in your industry?
Answer:
Explanation:
Self-awareness allows us to see things from the perspective of others, practice self-control, work creatively and productively, and experience pride in ourselves and our work as well as general self-esteem (Silvia & O'Brien, 2004). It leads to better decision making (Ridley, Schutz, Glanz, & Weinstein, 1992).
Self-awareness enables us to practice self-control, work creatively and productively, see things from others' perspectives, feel pride in our work and ourselves, and have a healthy sense of self-worth. It facilitates improved decision-making.
What is Self-awareness?According to psychologists Shelley Duval and Robert Wicklund, the ability to focus on oneself and how your acts, ideas, or emotions do or do not align with your internal standards.
The first thing we may do is deliberately look into who we are by learning more about who and what we are. One useful technique is to evaluate oneself in terms of the four sides or elements of the self: the bodily, emotional, mental, and spiritual self.
When we are conscious of ourselves, we may recognize our virtues and shortcomings. This knowledge enables us to set our own goals.
Thus, Self-awareness enables us to practice self-control.
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Has this interview prompted you to make any changes in the way that you view or
manage your personal finances? Do you think it will impact how you handle your personal
finances in the future? Explain.
The interview referring to the issue is Elizabeth White's to Ted about personal financial crises, leading to reflection on the needs of managing personal finances.
The speaker warns about the need to save financial resources in the present, to avoid the consequences of unnecessary expenses in the future.
What is the personal budget?It corresponds to a simple and objective tool for identifying an individual's income and expenses, which allows greater allocation of resources to objectives and goals, in addition to greater control over finances.
Therefore, through Elizabeth White's interview, the need to talk about finance is perceived, even if this fact causes embarrassment to individuals, because only in this way can knowledge, innovation and personal planning be increased.
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outline and clarify the three types of safety controls with examples and explain when hierarchical preferences of safety control apply?
Answer:
define five runs of hierarchy of contains elimination substitution engineering controls editing status control and personal protective equipment
What are the most important facts that support Lambert's Position that a contract existed?
After evaluating the evidence, the court found that there was no valid contract between the parties this is the most important fact that supports Lambert's Position.
Don M. Baron is the owner of DMB. Inc., a construction contractor for the Farmer Building. In 1996 they subcontracted out-of-state developers, and by 1998 DMB. Inc and the developers had argued over all five projects.
Donald G. Lambert is a friend of Baron's, and their friendship began in the 1980s when they worked together under the Louisiana Authorized Contractors Commission. Lambert has experience dealing with arbitration related to construction work.
The problem begins with Baron calling Lambert to discuss contract work and personal issues. In November 1998, Lambert met with Baron to discuss work-related and financial issues.
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on october 1 a client pays a company the full 12000 balance of a year long contract. Using the accrual method what is the unearned revenue as of December 31
Based on the amount the client paid on October 1, the unearned revenue as at December 31 is $9,000.
How can the unearned revenue be found?First, find the monthly revenue:
= 12,000 / 12
=$1,000
From October 1 to December 31 is 3 months so 3 months of revenue has been recognized.
Unearned revenue is:
= 12,000 - (3 x 1,000)
= $9,000
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Where should you be on the focus-chaos scale to benefit from this course?
Based on the focus-chaos scale, to benefit from any course, you have to be on the left side of the scale.
What is the focus-chaos scale?This is a scale that is used to describe the focus and planning attribute of different types of people.
The people on the left are in the focus section and then to organize their lives well and embarked on planned activities. Youl'll have to lean towards this side to benefit from most courses as they require you to be organized in your learning.
The right side has the chaotic people who may not be organized, but someone find a way to live life successfully. It is harder to pass courses using this.
The complete question wasn't given so I gave a general discussion.
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What is the interest expense on December 31?
The interest expense on December 31 of the first year is $5,250.
What is the interest expense on bonds?The interest expense for a bond that has the same coupon rate as the market rate is always the same for all periods of the bond.
This shows that the bond was issued at neither premium nor discount but at par.
Data and Calculations:N (# of periods) = 20
I/Y (Interest per year) = 7.5%
PMT (Periodic Payment) = $5,250 ($140,000 x 7.5% x 1/2)
FV (Future Value) = $140,000
Results:
PV = $140,000.00
Sum of all periodic payments = $105,000 ($5,250 x 20)
Total Interest = $105,000
SchedulePeriod PV PMT Interest FV
1 $140,000 $5,250 $5,250 $140,000
2 $140,000 $5,250 $5,250 $140,000
Thus, the interest expense on December 31 of the first year is $5,250.
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In computing the cost of merchandise sold,does each of the following items increase or decrease that cost? (a) Transportation costs,(b) beginning merchandise inventory, (c) purchase discounts, (d) Ending merchandise inventory
Answer: option (d)
Explanation:
How can you minimize your risk while maximizing your potential gains?
Short-term investing
Avoid investing when inflation is high
Choose investments based on the news
Diversifying investments among types
In order to maximize your potential gains while minimizing risk, you should try Diversifying investments among types.
What is the benefit of diversifying investments?When investments are diversified, it reduces the risk of losing your investments when certain classes of assets face a downturn.
You also stand to make better gains because the investments will provide a positive return more often than not.
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Amazon is the dominant firm in the online shopping service industry, which has a total market demand given by Q = 100 – 2 P. Amazon has competition from a fringe of four small firms that produce where their individual marginal costs equal the market price. The fringe firms each have total costs given by TCi = 10 Qi + Q 2 i. If Amazon’s total costs are given by TCA = 10 + 10 QA, what price should Amazon establish for online shopping service?
The price that Amazon has to establish for their online shopping should be $20.
How to solve for the priceWe have the price function as
P = 10 + 2Qi
Make Qi subject
= Qi = 0.5P - 5
4 firms with identical features
This would give us
Qs = 4Qi
Qs = 4(0.5P -5)
Qs = 2p - 20
Q = 100 - 2p
Qa = Q - Qs
(100 - 2P) - (2P -20)
Take like terms
100 - 2p - 2p + 20
100 - 4p + 20
Qa = 120 - 4p
Make p subject
p = 120 - Qa / 4
p = 30 - 0.25Qa
TRa = p*Qa
= (30 - 0.25Qa)Qa
= 30Qa - 0.25Qa²
MRa
= 30 - 0.5Qa
TCA = 10 + 10QA
= ΔTCA / ΔQA
= 10
30 - 0.5QA = 10
Take like terms
30 - 10 = 0.5Qa
divide through by 0.5
20/0.5 = Qa
40 = Qa
Output produced = 40.
We have P as
30 - 0.25QA
P = 30 - 0.25( *40)
= 20
Hence the price that Amazon has to establish for the online shopping should be $20
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3 reason why loading and unloading a school bus is dangerous?
4. Hyperinflations are extremely rare in countries whose central banks are independent of the rest of the
government. Why might this be so?
Although hyperinflation is a periodic event for developed economies, it has happened many times throughout history in nations such as China, Germany, Russia, Hungary, and Argentina.
What rate is hyperinflation?
It refers to a condition where the prices of goods and services rise uncontrollably over a defined period of time. In general, the term is employed when the rate of inflation grows at more than 50% a month. Typically, hyperinflation is triggered by a very quick change in the money supply.
What is hyperinflation in history?Hyperinflation is the immediate, massive, and unmanageable increase in prices. In Hungary just after World War II, prices folded every 15 hours. More recently, in Zimbabwe, prices creased every day. In the uneasy Yugoslavia of the 1990s, inflation hit 50% a year.
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Yes, Hyperinflation are unlikely to occur if the central bank stands independent of the government.
What is Hyperinflation ?
Yes, Hyperinflation are unlikely to occur if the central bank stands independent of the government.
In economics, hyperinflation exists as a very high and typically accelerating inflation. It fast erodes the real value of the local currency, as the expenses of all goods increase. This causes individuals to minimize their holdings in that currency as they usually switch to more durable foreign currencies.
Hyperinflation represents a general rise in prices in an economy as high, unsustainable and out-of-control.Hyperinflation naturally arise when governments utilize the printing of money to invest a lot of their expenditures. This stands highly improbable if the central bank that manages the money supply exists independent of the govt.Though hyperinflation exists a rare incidence for designed economies, it has been brought place several times all through history in countries like Germany, China, Russia, Argentina, & Hungary.To learn more about Hyperinflation refer to:
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When there is no room for growth within a company, an employee cannot __________. a. Be promoted to new positions horizontally b. Find other jobs from a new employer c. Be considered for salary increases d. Be promoted vertically to new positions
Answer:
D: Be promoted vertically to new positions
Explanation:
finleeoleary is right