Answer:
The correct option is;
D. Decrease in the quantity demanded
b.)
Explanation:
a. There is an increase in the price of carry on cases for wireless earbuds;
Where the increase in the price of carry on cases for wireless earbuds results in an increase in price, there will be a decrease in the quantity demanded
A decrease in the quantity demanded is when there is negative movement along the demand curve due to an increase in price only and the quantity demanded also increases when there is a decrease in price. Which shows that the item is still in demand and the demand can be controlled by the pricing.
On October 1, Arcelia Corp. pays $24,000 for two years of rent. The transaction is appropriately recorded in a prepaid rent account. On December 31, of the same year Arcelia should make an adjusting entry for the rent expired, which includes (Select all that apply.)
Answer:
Arcelia should make an adjusting entry for the rent expired, which includes,
Rent Expense $3,000 (debit)
Prepaid Rent $3,000 (credit)
Explanation:
When Arcelia Corp makes payment for rent the entries are as follows :
Prepaid Rent $24,000 (debit)
Cash $24,000 (credit)
By the end of the Financial year, the 3 months rent out of 2 years rent (24 months) will have expired and the entries are as follows :
Rent Expense $3,000 (debit)
Prepaid Rent $3,000 (credit)
Rent Expenses = 3/24 × $24,000
= $3,000
Entrepreneurs are valuable to economies because they:
O A. rely on labor instead of the other factors of production.
B. make sure that economies treat all citizens equally.
O C. make decisions without considering their own wants or needs.
O D. create new ideas for fulfilling societies' wants and needs.
Answer:
D. create new ideas for fulfilling societies' wants and needs.
#FreeMelvin
If a fishing boat owner brings 10,000 fish to market and the market price is $7 per fish, she will have $70,000 in total revenue. If the average variable cost of 10,000 fish is $4 and the fixed cost of the boat is $20,000, what is her profit
Answer:
$10,000
Explanation:
Given that
Total revenue is $70,000
Total fixed cost is $40,000
And, the total variable cost is $10,000
According to the given situation, the computation of profit is shown below:-
Profit = Total Revenue - Total Fixed cost - Total variable cost
= $70,000 - (10,000 × $4) - 10,000
= $70,000 - 40,000 - 10,000
= $10,000
Therefore for computing the profit we simply applied the above formula.
Study the data below and answer the questions that follow. A, B and C represent three countries: Germany, Pakistan and China (although not necessarily in that order). (a) Identify the countries A,B and C. (b) Use the data in the table to justify your answer to part (a).
Answer:
(a) The countries are
A is China
B is Germany
C is Pakistan
(b) Based on the table's data,
The employment structure for A is 9% Agriculture, 47% Manufacturing, 44% services, where the labor force by sector for Germany is given as 25.1% through agriculture, 27.5% through (manufacturing) industry and 47.4% through services, based on 2019 statistics, which is not in correlation with the given table data with the same metric
However, the GDP by sector for China is given as 7.9% through agriculture, 40.5% through (manufacturing) industry and 51.6% through services, which is in correlation with the given table data although different metrics but in terms of reflective nature of the economic spending and per capita income
The employment structure for B is 1% Agriculture, 28% Manufacturing, 71% services, where the labor force by sector for Germany is given as 1.4% through agriculture, 24.2% through (manufacturing) industry and 74.3% through services, based on 2016 statistics, which is in correlation with the given table data with the same metrics
The employment structure for C is 22% Agriculture, 24% Manufacturing, 54% services, where the labor force by sector for Pakistan is given as 37.4% through agriculture, 24.0% through (manufacturing) industry and 38.6% through services, with an employment rate of of 48.9% based on 2018 statistics, which is in correlation with the given table data with the same metrics
Explanation:
When Occupational Safety and Health Act inspectors discover a hazard in which illness or injury incurred is unlikely to cause death or serious physical harm, but the violation does have a direct impact on safety and health, it reports a(n) ______ violation.
a. willful
b. serious
c. de minimis
d. failure to abate
Answer:
a. willful
Explanation:
The Occupational Safety and Health Administration (OSHA) is a federal agency saddled with the responsibility of assuring and ensuring safe and healthy working conditions for employees by setting and enforcing standards, providing education, trainings and assistance to various organizations.
When Occupational Safety and Health Act inspectors discover a hazard in which illness or injury incurred is unlikely to cause death or serious physical harm, but the violation does have a direct impact on safety and health, it reports a willful violation.
8. The very last step Saraa should take, according to the decision-making process, would be to __________. select alternatives evaluate the decision's effectiveness analyze alternative solutions implement the alternative
Answer:
evaluate the decision's effectiveness
Explanation:
The last step to be taken by Saraa according to the above is to evaluate the decision's effectiveness in decision making process. This is the next stage after selecting alternative course of action. Before alternatives are selected, they must have been thoroughly analyzed.
Evaluating the decision's effectiveness in decision making process involves checking to be sure that the need identified earlier has been met or resolved otherwise certain steps in the whole process would have to be repeated in order to have a new decision.
One way newspapers are classified is by structures of advertising agencies. type of advertisers. frequency of delivery. subscription rates. closing date.
Answer:
One way newspapers are classified is by:
frequency of delivery.
Explanation:
Newspapers are classified into morning and evening dailies, weeklies, etc. Some newspapers are delivered only in the morning while others are delivered in the evening. Others may be delivered weekly, bi-monthly, monthly, etc. These frequencies of delivery determine the classification of the newspaper. A newspaper that is delivered daily is known as a daily newspaper while the other delivered weekly is called a weekly newspaper, and so on.
selecting a job based on your skills and interst is inportent because on average a person with a full time job works approximately _____ hours each year
Answer:
Selecting a job based on your skills and interest is important because on average a person with a full time job works approximately 2000 hours each year.
I believe this was C. on edge
Explanation:
Just took test on edgenuity
Patsy’s home has been on the market for five weeks, and two brokers had buyers who were ready to make offers. If Patsy accepted one of those offers, the corresponding broker would be the only one to earn a commission. What type of listing does this describe
Answer: open listing
Explanation:
Open listing simply refers to situation whereby a property owner uses several real estate agents when he or she wants to sell a property so that there will be many potential buyers.
In this situation, the agent who eventually brings the person who purchases the property will collects the commission assigned to the property.
A type of business that deals in both goods and services is
Teacher
Soft Drinks
Barber
Restaurant
Answer:
Restaurant
Explanation:
Answer is restaurant as it provides both goods and services
As I was at that time but eighteen years of age, I know not whether I should call my behaviour, in this dangerous juncture, courage or folly.
–Letter to Cornelius Tacitus,
Pliny the Younger
What makes this statement an opinion?
It gives the writer’s exact age.
It can be proven to be true.
It expresses the writer’s personal feelings.
It provides evidence to support the idea.
Answer:
The Answer Is C
Explanation:
You are a professor of economics at a university. you've been offered the position of serving as department head, which comes with an annual salary that is $8 comma 5008,500 higher than your current salary. however, the position will require you to work 200 additional hours per year. suppose the next best use of your time is spending it with your family, which has value of $2020 per hour.
Answer:
$4500
Explanation:
We can calculate the total change in benefits by deducting the opportunity cost of spending the hours with your family by the annual salary.
Opportunity cost = $20/hour x 200 Additional hours
Opportunity cost = $4000
Total change in benefit = Annual salary - Opportunity cost
Total change in benefit = $8500 - $4000
Total change in benefit = $4500
"New York City is issuing $500,000,000 of general obligation bonds paying interest on January 1st and July 1st of each year until maturity. The dated date of the issue is May 1, 2020. The first payment will be made on January 1st, 2021. A bondholder purchases the issue at the offering. How many months of interest will the first and second payments cover?"
Answer:
8 months for the first interest6 months for the secondExplanation:
The interest is to be paid semi-annually which means that it accrues for 6 months. However, the bond was issued on May 1, 2020 which is 8 months before the first interest payment on January 1, 2021 so the January payment will have to cover for those months as interest starts to build immediately the bond is purchased.
The second payment on July 1, 2021 will cover the period of 6 months between January 1 and July 1, 2021.
The term ___________________ is used to describe the common pattern whereby each marginal unit of a consumed good provides less of an addition to utility than the previous unit.
Answer:
diminishing marginal utility.
Explanation:
The term diminishing marginal utility is used to describe the common pattern whereby each marginal unit of a consumed good provides less of an addition to utility than the previous unit.
In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.
For example, buying a chocolate bar and eating it may satisfy your cravings but eating another one wouldn't give you as much satisfaction as the first due to diminishing marginal utility.
N is covered under an individual Disability policy with a 30-day Elimination period and a monthly benefit of $500. N is totally disabled for 3 1/2 months. N's total benefit received on this claim is:
Answer:
$1,250
Explanation:
Before N starts to receive any disability payment, a 30 day elimination period must pass. He/she will start receiving disability payments starting the second month and they will last until his temporal disability is over:
covered time = 3.5 months - 1 month = 2.5 months x $500 per month = $1,250 total disability payments
N is covered under an individual Disability policy with a 30-day Elimination period and a monthly benefit of $500. N is totally disabled for 3 1/2 months. N's total benefit received on this claim is $1,250.
Covered time = 3.5 months - 1 month = 2.5 months
Total disability payments = 2.5 months x $500 per month = $1,250
After the 30-day Elimination period has been satisfied, the total benefit paid on this claim is $1,250.
Disability insurance, also referred to as DI, disability income insurance, or income protection, is a type of coverage that protects the beneficiary's earned income against the possibility that a disability will make it difficult for them to perform essential job duties.
Learn more about Disability, here;
https://brainly.com/question/31200193
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For the past 60 years, _____ have been applied to structured tasks such as record keeping, simple clerical operations, and inventory control.
Answer:
Transaction - processing systems
Explanation:
For simplicity, since record-keeping, simple clerical operations, and inventory control are all related to transactions, then transaction-processing systems refer to systems that ensure that such transactions are successfully carried out.
For example, online retail outlets use transaction-processing systems to control inventory, as this system is responsible for noting every successful order of their listing page.
The argument took place between-----
Answer:
?
Explanation:
Which of the following marketing fundamentals applies solely to the hospitality and tourism industry? A.interdependence of organizations B.sequential steps in marketing C.key role of marketing research D.continuous nature of marketing
Answer:
key role of marketing research
Answer:
interdependence of organizations
Explanation:
Edge 2021 :)
Target, a discount store has successfully partnered with luxury brands such as Lilly Pulitzer, Toms, and Altuzarra to create interest and drive customers to its stores. Target's ability to create these partnerships is considered one of its strengths and provides an advantage over its competitors. This is an example of a _______. a.core competency b.market opportunity c.strategic window dpetitive advanta
Answer:
a.core competency.
Explanation:
Core competency can be defined as the set of skills, experience and technical know-how, which an organization possesses and distinguishes them from their competitors (rivals) in the same industry. Basically, measuring the core competence of an organization is beyond its financial assets or physical value. Core competency of an organization is rather the defining capabilities and resources which gives it a competitive advantage over its rivals in the same industry.
Hence, the combination of firm-specific and valuable resources and firm-specific productivity allows a company to possess a core competency. A company that possesses core competence are characterized by;
1. They are not so easy to imitate or not imitable by their rivals in the industry.
2. They have a very large market capital share and as such are able to diversify.
3. A core competent company should be able to provide significant satisfaction or benefits to the consumers of its products..
Wilfrid laurier university bookstore conducts annual surveys of its customers. using xlstat answer
Please find attached full question and answer
Answer and Explanation:
The data is nominal data and so to represent it graphically, we used the pie chart. We have based our pie chart drawing on data assumed since we couldn't find data for the question. The data used here is still same type of data needed for the pie chart graphical representation and would merely bring a change of numerical value therefore affecting the pie chart in this regard only. We have done a rough hand estimate of the pie chart and what it would look like if drawn conveniently by hand with a protractor and compass, noting all the angles accurately(convert percentage to degrees, each percentage divided by 100 multiplied by 360) or using Excel software
Real estate that is advertised with a financing option that requires only a 5% down payment with no further detail is likely a violation of
Answer: Regulation Z
Explanation:
Regulation Z is meant to protect customers by requiring that those in the lending industry avoid practices that are misleading to consumers such that the true cost of financing is hidden thus leading the consumer to believe that the cost of financing is lower than it actually is.
The real estate that was advertised with financing option that requires only a 5% down payment is most likely hiding other costs inveigled in the transaction in order to lure customers in after which they will reveal the true cost and the customer will have to pay and this is what Regulation Z aims to counter.
Beginning inventory was $50,000. Inventory purchased during the year cost $75,000. Inventory on hand at year-end was $40,000. Cost of goods sold was
Answer:
The Cost of Goods Sold or COGS for the period was $85000
Explanation:
The cost of goods sold is the value or cost of inventory that has been sold off during the period. The Cost of Goods Sold of COGS can be calculated as follows,
COGS = Opening Inventory + Purchases - Closing Inventory
COGS = 50000 + 75000 - 40000
COGS = $85000
So, the Cost of Goods Sold or COGS for the period was $85000
The FIFO method assumes that units sold are the _________ units acquired and that units remaining in ending inventory are the ________ units purchased.
Answer:
first, last
Explanation:
The FIFO represents the First in first out method in which the inventory that is recently purchased is sold first and the rest of the inventory that is shown in the ending inventory determines this inventory are the last units purchased. This method is helpful for the inventory valuation
Therefore in the given case, the given answers are first and last
What is the usual response when a caller disconnects before full information can be gathered and the dispatcher cannot reconnect by calling the caller back
Answer:
dispatch a police unit to check on the caller.
Explanation:
In such a scenario the usual response would be to dispatch a police unit to check on the caller. This is because many times individual may be in serious danger and cannot remain on the call, and not for a lack of trying. Such a scenario may be that the individual is having a heart attack, or is loosing a lot of blood and passes out, or even the individual is in a hostile situation and simply cannot talk. By sending the dispatcher they can quickly check to make sure the individual that called is fine and act accordingly if they are not.
Enumerate two disadvantages of division of labor.
Answer:
1. Lack of Responsibility:A worker performs only a part of the total Job
2. Monotony in work:A worker has to do the same small task repeatedly
Cost behavior ______. categorizes costs as fixed, mixed and variable is a detailed analysis technique used to determine whether costs are fixed or variable refers to how a cost will change as activity level changes is the relative proportion of each type of cost in an organization
Answer:
The correct option is;
Refers to how a cost will change as activity level changes
Explanation:
Cost behavior is defined as the specification of the manner in which cost will vary in total in response to a change in the activity of some other factors. There are three types of cost behavior as outlined in cost accounting and managerial accounting branches of accounting including;
1) Fixed cost; The fixed cost remains the same relative to the changes in activity
2) Variable cost; The variable cost varies with an increase or decrease proportionately with the level of activity
3) Semivariable or mixed cost; Mixed cost are partially fixed cost such as the cost of gaining maintenance of a power generating plant including the purchase of fuel.
The cost behavior refers to how a cost will change with change in the activity level. So, the correct option that matches with the statement quoted above is C.
Cost behavior refers to how the different types of cost are affected by a even a gradual change in the activities like production, distribution, manufacturing, etc.
Cost behavior do not affect the fixed costs of an organization as they are relative in nature and do not have much impact on the scales of operation of a business.The variable costs of an organization are affected when direct change is seen in the business activities like production, distribution and manufacturing, etc. These costs are subjective in nature.Mixed costs refer to as a fusion of of variable costs that are dependent on fixed costs that have an impact with a change in scales of operation of the business.
Hence, the correct option is C that the Cost behavior refers to how a cost will change with a change in the activity levels of the organization in a positive or a negative way.
To know more about Cost behavior, refer to the link below.
https://brainly.com/question/4614106
Buyers and sellers receive information about what should be bought and what should be produced A. from friends and family. B. from prices in a market system. C. by listening to TV news programs. D. from newspaper gossip columns.
Answer:
B, from prices in a market system
Explanation:
A market system can be defined as a combination of buyers, sellers and other parties that come together to patronise a product or service.
Buyers and sellers alike can decide what to buy and what not to buy through the prices of goods and services in the market system.
For a seller, if the price of a product is quite costly from the manufacturer, it tells whether the seller would purchase it or not. Likewise, if a buyer approaches a seller for any goods or services, the price of the goods or services determines whether or not the buyer will purchase from the seller.
Cheers
How are command group in menu tabs
Answer:
Typically, related commands are clustered together on the same menu or toolbar. Menus typically are displayed as one-word strings clustered in a row at the top of the integrated development environment (IDE) or a tool window.
Explanation:
Net fixed assets: Book value: $2,500, Market value: $3,000 Net working capital: $700 Current accounts liquidated: $1,500 ABC Corporation has $900 in long-term debt. What is the book value of equity?
Answer:
$2,300
Explanation:
The book value is $2,500
The market value is $3,000
The net working capital is $700
The current account that was liquidated is $1,500
The long term debt of ABC corporation is $900
Book value of equity = book value of assets - book value of liabilities
The first step is to calculate the book value of assets
= net working capital + net fixed assets
= $700 + $2500
= $3,200
The book value of liabilities can be calculated as follows
= long term debt which is $900
Therefore the book value of equity can be calculated as follows
= $3,200 - $900
= $2,300
Hence the book value of equity is $2,300
In the context of the developmental stages of groups, which of the following stages is characterized by intragroup conflict, heightened emotional levels, and status differentiation?
a. norming
b. storming
c. forming
d. performing
Answer: b. storming
Explanation:
The Storming stage of group development is the stage where the roles of individuals become clearer in the group. They will start to see and understand how each team member works to meet targets and this is where conflict usually begins because team members might find their methods superior to the other.
This can then lead to heighten emotional levels and intragroup conflict making this the stage where most groups are most likely to fail.