market equilibrium i. can never occur because there are always people who want a good but cannot afford it. ii. occurs at the intersection of the supply and demand curves. iii. is the point where the price equals the quantity.

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Answer 1

When every market is equal, market equilibrium occurs.

When the quantity demanded and the quantity provided is exactly equal, market equilibrium has happened. Additionally, the intersection of supply and demand has been identified, and both the equilibrium quantity and price have been established.

One of the key tenets of the free market is market equilibrium. Leading economists have claimed that regardless of the situation, the market will always move toward equilibrium.

It only takes a little while for the market to regulate itself and move to the new equilibrium position whenever there is an external shock that could disturb the equilibrium.

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Related Questions

what is an llc? how does an llc or corporation differ from a sole proprietorship or partnership if the firm goes bankrupt?

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The limited liability company (LLC) is a corporate structure that protects its owners from being personally pursued for repayment of the company's debts or liabilities. The constraint of LLCs varies from state to state.

Any entity or individual can be a member of an LLC with the notable exceptions of banks and insurance companies. LLCs do not pay taxes on their profits directly. Their profits and losses are enacted through to members, who report them on their individual tax returns. Limited liability companies are permitted under state statutes and the restrictions governing them vary from state to state. LLC owners are generally called members. The company and the proprietor in sole proprietorship don't have any separate legal entity.

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how many of the 13 members of the texas real estate broker lawyer committee must be appointed by the texas real estate commission?

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The Texas Real Estate Commission (TREC) is responsible for appointing all 13 members of the Texas Real Estate Broker-Lawyer Committee.

According to the Texas Real Estate License Act, the Texas Real Estate Commission (TREC) is responsible for appointing 13 members to the Texas Real Estate Broker-Lawyer Committee.

The committee is made up of real estate brokers, attorneys, and public members, who are all appointed by the TREC.

The purpose of the committee is to advise the TREC on legal issues related to real estate brokerage and to review and recommend changes to the rules and regulations governing the real estate industry in Texas.

The TREC is required by law to appoint all 13 members of the committee, ensuring the representation of all the stakeholders in the real estate industry.

Overall, the committee plays an important role in ensuring that the regulations of the real estate industry in Texas are fair, effective, and in the best interest of consumers.

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to create a bailment, the property must be delivered to the bailor. group of answer choices true false

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In order to establish a bailment, the bailee must receive actual ownership of the property or control over it.  To create a bailment, the property must be delivered to the bailor --- True

A "bailment" is when one person gives something to another for a purpose with the promise that the goods will be returned or disposed of in another way according to the instructions of the person who gave them.

What exactly is bailment, exactly?

A bailment is a legal arrangement under common law in which the owner transfers ownership of personal property but retains physical custody. The "bailor" is the owner who gives up custody of a property, and the "bailee" is the person who takes it. The person who holds personal property in trust for the owner for a certain amount of time and for a particular purpose is known as the bailee. After the original purpose has been accomplished, the bailee returns the property to the owner. In contrast to a gift of property or a contract of sale, bailment only involves the transfer of possession rather than ownership.

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What are the four market structures in a mixed market economy?

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A mixed market economy is an economic system that combines aspects of a market economy with aspects of a planned economy.

What do you mean by market?

Market can refer to a physical location where buyers and sellers of goods and services meet, as well as a virtual space where goods and services are exchanged. The term can also refer to a particular segment of a larger economy, such as a stock market or a labor market.

The four market structures are:

1. Perfect Competition: This market structure is characterized by a large number of small firms producing identical products with no barriers to entry or exit.

2. Monopoly: This market structure is characterized by a single seller who produces a unique product with no close substitutes and significant barriers to entry.

3. Oligopoly: This market structure is characterized by a small number of large firms producing either identical or differentiated products with significant barriers to entry.

4. Monopolistic Competition: This market structure is characterized by a large number of small firms producing differentiated products with low barriers to entry and exit.

It is a system in which both the private sector and the public sector exist, and both have an important role in the production and distribution of goods and services. Mixed market economies allow for a degree of private economic freedom, while still maintaining government oversight and regulation of certain industries.

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how much will each used car end up costing if all the good cars are withdrawn from the market?

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Yes, this potential market will come to feature most, if not exclusively, lemons. The remaining bad cars should be sold for what they are worth, which is $5,000 each if all the good cars are removed.

What are the potential buyers in a business?

Potential third-party purchasers for your business could originate from your customers, suppliers, neighborhood, or other businesses in your sector. Buyers that are unaffiliated with you and whom your business broker may find can typically be separated into two categories: financial buyers and strategic buyers.

The importance of a potential customer may be shown in the high conversion rates, focused traffic, and increased sales that result from them. The lowest bounce rate is possible if you provide your visitors with interesting material. Many visitors click away from the page as soon as they arrive.

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The complete question is:

Consider a used-car market with asymmetric information. The owners of used cars know what their vehicles are worth but have no way of credibly demonstrating those values to potential buyers. Thus, potential buyers must always worry that the used car they are being offered may be a low-quality "lemon." Suppose that there are equal numbers of good and bad used cars in the market and that good used cars are worth $13,000 while bad used cars are worth $5,000.

Will the used-car market come to feature mostly—if not exclusively—lemons?

How much will each used car end up costing if all the good cars are withdrawn?

Legislation aimed at protecting people from themselves concerns the individual as well as the public in general. Protective helmet laws are just one example of such legislation. Should individuals be allowed to engage in unsafe activities if they choose to do? Why? (200-word response) PLEASE HELP!!!!!! WILL GIVE BRAINLIEST FOR VALID ANSWER

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Individuals should be allowed to make their own choices, but acts that damage others or oneself are not. Protective helmet rules restrict individual freedom but lower the danger of severe injury or death and the cost on society.

What is Legislation?

Generally, Individual freedom and autonomy are important values in many societies, and people should generally be free to make their own choices and live with the consequences of those choices. However, there are limits to this freedom when it comes to activities that can cause harm not only to the individual involved, but also to others. Protective helmet laws, for example, are designed to reduce the number of head injuries and fatalities resulting from motorcycle and bicycle accidents. While individuals may believe that they are capable of safely operating a motorcycle or bicycle without a helmet, the reality is that accidents can happen to anyone, and a helmet can significantly reduce the risk of serious injury or death.

In addition, when individuals engage in activities that can cause harm to themselves or others, they may also place a burden on society. For example, if an individual chooses to engage in an activity that results in an injury, they may require medical care and financial support from the government or other institutions. This can have a significant impact on society as a whole, and as such, some governments and communities may choose to regulate certain activities in order to reduce the risk of harm and the burden on society.

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what is a value-weighted average? why does such an average place more emphasis on such firms as microsoft and exxonmobil than on other companies?

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A value‑weighted average of stock prices generally can be defined as a calculation that takes into account the varying degrees of importance of the numbers in a data set. The Microsoft and ExxonMobil  have a bigger value‑weighted index because they are have a large number of shares outstanding.

A value‑weighted average of stock prices generally can be calculated nit only by the price of the stock, but also  the total value of all shares. For the examples are the number of shares outstanding times the price of each share.  The value of these shares plays a larger role in the determination of a value‑weighted index If a firm has a large number of shares outstanding. That's happen on Microsoft and also Exxonmobil, because they are  have a large number of shares outstanding so they earned  bigger value‑weighted index.

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heineken starts with barley. what is the process of preparing the barley called?

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growing the characteristic balanced Heineken taste. Our A-Yeast is happiest with a large surface vicinity which is possible in our horizontal fermentation tanks.

Image result for Heineken starts offevolved with barley. what is the system of getting ready the barley called?

Brewing

Brewing is the manufacturing of beer by using steeping a starch supply (commonly cereal grains, the most popular of which is barley) in water and fermenting the ensuing candy liquid with yeast.

It may additionally be finished in a brewery with the aid of a business brewer, at home by means of a homebrewer, or communally.

Where does Heineken get their barley?

The relevant crop in every united states relies upon on the local conditions and the CREATE task focuses on malt barley in Ethiopia, maize in Rwanda and sorghum in Sierra Leone. Supplying higher-yielding barley seeds and training are key elements of the CREATE project in Ethiopia.

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What are the advantages and disadvantages of mixed economy system?

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The advantages of mixed economy system are Both public and private sectors can survive and Consumer supremacy is maintained. While the disadvantages is Untrust on private sectors and unclear government control.

In the mixed economiy, by taxing the private sector and by using funds from taxes to promote social objectives government has a function to redistribute wealth from the private sector who produces services also goods. Beside that, private sector is a function who own and produce their services and goods. Private sector has a function to maximize their profit and company's efficiency.

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record corporation pays premiums of $25,000 for an insurance policy with a face amount of $75,000 on the life of ricci, an officer of the corporation. subsequently, record sells the policy to ricci's spouse, monahan, for $35,000. subsequent to the transfer, monahan pays premiums of $12,000 on the policy. several years later, when ricci dies, monahan receives the proceeds of $75,000. based on these facts, monahan has gross income of:

Answers

Monahan has a gross income of the policy by the transferee plus any subsequent premiums paid ($75,000 - $35,000 = $40,000).

What exactly is an insurance policy?

An insurance policy is a legal agreement between the insurance company (the insurer) and the insured person(s), business, or entity (the insured). Reading your policy allows you to ensure that it meets your needs and that you understand your and the insurance company's responsibilities in the event of a loss.

If a life insurance policy is transferred for valuable consideration, the insurance proceeds are includible in the transferee's gross income to the extent the proceeds received exceed the amount paid for the policy plus any subsequent premiums.

Therefore, $40,000 is gross income of Monahan.

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What is a fixed-rate mortgage called?

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A fixed-rate mortgage is considered to be an installment loan which has a fixed interest rate for the entire term of the loan.

A fixed-rate mortgage loan is the one where the interest rate tends to remain fixed for the duration of the loan term, which is thus regardless of what goes on in the macroeconomic environment or with a lender's reference rates. For instance, 10-Year Fixed Rate.

However, a fixed-rate mortgage is considered to be a home loan option which is thus with a specific interest rate for the entire term of the loan. Thus, it is also considered to be an installment loan. As, the interest rate on the mortgage will thus not change over the lifetime.

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Why is ownership important?

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Ownership is important because it gives people a sense of security, a sense of belonging, and a sense of responsibility. It also provides a sense of control and security, which can help people to feel more confident and secure in their lives.

Why is ownership important?

Ownership is important because it gives people a sense of security, a sense of belonging, and a sense of responsibility. It gives people control over the assets they own, allowing them to make decisions and reap the rewards of those decisions. Owning something also encourages people to take care of the asset, as they are responsible for its maintenance and upkeep. Finally, ownership can also help people build wealth over time, as their assets can appreciate in value and generate income.

What is an Asset?

An asset seems to be something valuable that an individual or organization owns. Assets can include physical items such as cash, real estate, or personal property; or financial assets such as stocks, bonds, or bank accounts. Assets are used to generate income or to provide security in case of financial hardship.In accounting, an asset is recorded on the balance sheet as a positive value. The opposite of an asset is a liability, which is a negative value.

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isooky has a spotter truck with a book value of $59,000 and a remaining useful life of 5 years. at the end of the five years the spotter truck will have a zero salvage value. the market value of the spotter truck is currently $41,500. isooky can purchase a new spotter truck for $139,000 and receive $32,900 in return for trading in its old spotter truck. the new spotter truck will reduce variable manufacturing costs by $26,900 per year over the five-year life of the new spotter truck. the total increase or decrease in income by replacing the current spotter truck with the new truck (ignoring the time value of money) is:

Answers

The total increase in income by replacing the current spotter truck with the new truck (ignoring the time value of money) is $13,000.

This is calculated by subtracting the cost of purchasing the new spotter truck ($139,000) from the net benefit of trading in the old spotter truck ($32,900) and the total savings in variable manufacturing costs ($26,900 x 5 years = $134,500). The total increase in income is therefore $13,000 ($134,500 - $139,000).

Earnings is the amount of money gained from employment, whereas income is the entire amount of money acquired from employment, benefits, pensions, and other sources.

Hence the correct answer to the given question is $13,000.

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what is the annual inventory turnover ratio if the monthly ending inventory data are unavailable? do not round intermediate calculations. round your answer to two decimal places.

Answers

Inventory turns is a measure of how many times your average inventory is "turned over" or sold in a given period.

What is your annual inventory turnover for inventory data? is the monthly stock end unavailable? ?

A low inventory turnover rate indicates that a company may have excess inventory or shortages in its product line or marketing efforts. This is a sign of inefficient inventory management as inventory typically has no returns and high inventory costs. Inventory Sales Ratio = Cost of Goods Sold / Average Inventory. We know the cost of goods sold and... Rs. 4,50,000 as shown in the table. Now let's calculate the average inventory. = (beginning inventory + ending inventory / 2). Another way to calculate average inventory is to take the total cost of goods sold (COGS) during a period and divide by the number of days in that time.

Regardless of the method used, the average inventory provides valuable information that can be used to make important business decisions.

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What does it mean to say the mass of a substance is 10kg?

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It means that the quantum of matter in that body is 10 kg.

Mass is the most abecedarian property of matter and one of drugs' abecedarian amounts. The quantum of matter contained in a body is defined as its mass. The SI unit of mass is the kilogram( kg).

Weight has the same SI unit as force since it's a force; the SI unit of weight is Newton( N). We can see from the weight expression that it's affected by mass and graveness acceleration; the mass doesn't change, but the graveness acceleration does.

As a result, the statement implies that the body contains 10 kg of stuff.

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What is an example of a social economic system?

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Worldwide, there are numerous varieties of economic systems in use. Communism, socialism, and capitalism are a few examples.

What, in plain English, does socialism mean?

Socialism is a kind of economic and governmental ownership of the buildings and machinery used to generate commodities, such as farms and factories. Decentralized through direct worker ownership or centralized governmental social ownership of production can both be used to achieve this.

Those who gain from socialism?

The nation's people labor to create wealth, which is subsequently shared by everyone. It is built on the idea that what is beneficial for one person is good for all, and is distinguished by worker autonomy over the means of production.

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What is a core domain for Accenture's multi party systems practice Mcq village?

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Digital identity is the core domain for Accenture's multi party systems.

Accenture Blockchain and Multiparty Systems is a consultancy firm specializing in supply chain, digital identification, and financial services.

We've established tremendous foundational capabilities in each of these fields, validated proofs of value, and aided business ecosystems in deploying the first generation of multiparty systems.

The following is Accenture's core domain for Multiparty Systems practice: Accenture Blockchain and multi-party systems are experts in financial services, digital identity, and supply chain management.

Accenture's multi-party system refers to several versions of data held by different portions of a business, or entities. Collaborations between Accenture and third-party blockchain vendors.

Multiparty systems create a shared data infrastructure between a person and a company, resulting in enhanced efficiency and the development of new business and revenue models.

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What is considered discretionary income?

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Discretionary income is the amount of income remaining after taxes and mandatory spending such as rent, utilities, and insurance are paid.

It is money that is available for savings and spending on luxury items, leisure activities, or investments. It is important to note that discretionary income can vary greatly from one person to the next, based on income level, expenses, and lifestyle.

After taxes and the cost of basic essentials like food, shelter, and clothing have been covered, a person's discretionary income is the portion of their income that is still available for spending, investing, or saving. Spending on luxury items, vacations, and non-essential goods and services is included in discretionary income.

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Scarcity is an economic problem with which all societies are faced.a. Trueb. False

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True, Scarcity is an economic problem with which all societies are faced.

what is Scarcity ?In economics, scarcity is defined as "the fundamental fact of life that human and non-human resources are available in finite quantities and that the best engineering knowledge can be used to produce only a finite maximum quantity of any commodity. refers to."Scarcity can affect non-renewable resources  such as oil, precious metals and helium. They can also be potentially renewable resources that are being depleted faster than they grow. Scarcity, also called scarcity, is an economic term used to denote the gap between the availability of finite resources and people's theoretical need for such resources.Growing demand, inadequate supply, and corresponding economic scarcity. Reduced supply for economic or environmental reasons. The unequal distribution of natural resources leads to scarcity of particular resources in particular locations.

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which of the following types of accounts should find its account balance reported on a company's income statement? (check all that apply) select one or more: a. dividend account b. stock accounts (ex. common stock) c. liability accounts

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Stock accounts (ex. common stocks) and liability accounts are the accounts that should find it's account balance reported on a company's income statement.

What is stock account and liability account?

A small corporation or individual's holdings of common stock are regarded as assets. It is categorized in this way because keeping the stock is expected to result in future rewards in the form of cash flow.

Whether common stock is categorized as current or long-term depends on the company's capability and aim. The investment is categorized as long-term if the firm is solvent and able to hold the common shares for more than a year. It is a current investment if none of these circumstances apply.

All liabilities that are subject to legal obligation and payable to a third party are kept in a liability account. A company's general ledger has liability accounts, which are combined to form the liability line items on its balance sheet. Accounts payable, accrued liabilities, deferred revenue, interest due, notes payable, taxes payable, client deposits, and salaries payable are a few examples of the several types of liability accounts that a business may utilize.

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an abbreviated version of an account which is useful for analyzing the effects of business transactions is the:

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A T-account often called a ledger account, is a condensed version of an accounting record that's used to assess the impact of business activities.

The entries are shown in a "T" shape, with the debit entries on the left and the credit entries on the right.

The effects of transactions on particular accounts, such as assets, liabilities, and equity, are examined using T-accounts. T-accounts are used to visibly indicate changes in account balances and to make it simpler to spot ledger errors or inconsistencies.

T-accounts are a key instrument in double-entry accounting, where each transaction has an impact on at least two accounts, and are used to create financial statements including the income statement and balance sheet.

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Which primary skills do companies seek in top managers?

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The capacity to inspire and captivate others. energy that is high. the capacity to converse.

What is the most essential skill for the top manager?

Skills in conceptual thinking Because top managers are the strategists who create the plans that lead the organization toward its goals, conceptual thinking skills are especially important to them.

What are the priorities of top managers?

Policies, guidelines, and strategic goals are established by top management, and quality management leadership and direction are provided by top management. It should also identify those accountable for a wide range of management system processes and hold them accountable for them.

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according to mm, in a world without taxes, the optimal capital structure for a firm is approximately 100 percent debt financing. group of answer choices true false

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This statement is False. A world without taxes would allow firms to take on more debt than they currently do, but the optimal capital structure would still depend on various factors.

These factors include the firm's cost of equity and cost of debt, project risk, and firm liquidity. The optimal capital structure would also still depend on the firm's risk aversion and its target debt-to-equity ratio. In addition, the optimal capital structure may vary depending on the firm's industry and its competitive position. Therefore, the optimal capital structure for a firm in a tax-free world would still not be 100 percent debt financing.

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at a quantity of 20 units, does this firm have increasing marginal returns or diminishing marginal returns? explain.

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At a quantity of 20 units, the firm have increasing marginal returns.

When the output grows in proportion to the increase in input, this is referred to as increasing returns to scale. When all production factors are increased by a specific percentage, the consequence is a less-than-proportional rise in output.

As more of a variable element (like as labor) is added to a fixed factor (such as capital), a business will reach a point where it has a disproportionate amount of labor to capital, and so the marginal product of labor will decline, boosting the marginal cost and average variable cost.

With falling marginal returns, output margins shrink, or the same output may be created but at a greater cost per unit or marginal cost.

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True or False, market power and externalities are two possible causes of market failure.

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Market power and externalities are two possible causes of market failure.

Reasons why markets fail:

When the free-market forces are unable to deliver an ideal level of output, this is known as a "market failure."

Causes include:

Externalities are the effects of production or consumption of a thing or service on a party who is not a participant in the market but yet pays the price or reaps the rewards.

Market power describes the concentration of power in a few hands that affects the market's pricing and quantity.

Inefficient competition: This is when a few people have a big impact on the economy.

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you receive $100 today. with positive interest rates, the concept of future value implies that the future value of your $100 will be $100. multiple choice question. greater than exactly less than

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If interest rates are high, $100 that is provided to you today will be worth $105 in a year, which is more than $100 in the future.

When interest rates are positive present values are?

Yes, a sum of money will always have a lower present value than its future value as long as rates of interest are positive and will always be positive.

Inflation & opportunity cost are the key causes of why money in the present is more valuable than an equivalent amount in the future.

"greater than": A $100 gift given to you today would be worth more than a $100 gift in the future if interest rates are favorable.

(for example, if the interest rate is 5%, your $100 will be worth $100 x (1 + .05)1 = $105 in one year.

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a copayment is a percentage of the fee for services provided that the patient pays. a set amount that each patient pays for each office visit. a portion of the fee that the physician must write off. a capitation payment.

Answers

Capitation payments are used by managed care organizations to regulate healthcare costs. Capitation payments control the amount of healthcare consumed by putting the doctor's finances at risk for patient care.

Describe capitation.

Capitation is one way to pay for medical services. It pays a fixed amount for each enrolled individual assigned to them during a specific time period regardless of whether that person seeks care. Public insurance payments are used by managed care organizations to regulate healthcare costs. Capitation payments control the amount of healthcare consumed by putting the doctor's finances at risk for patient care. An example of capitation would be a 5,000 patient IPA, a type of HMO. The IPA must ensure that its patients will have insurance for the upcoming session. 

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How many degrees make a full turn of a circle?

Answers

A complete trip around the edge of a circle is 360 degrees, which means that, if you were to complete a rotation around the central axis of your body, you would end up facing the same direction as when you started.

A circle is a shape formed by all the points of a plane that are a certain distance from the center. It is a curve drawn by a point moving in a plane such that its distance to a particular point remains constant.

A circle can also be described as a specific type of ellipse in which the two foci coincide, the eccentricity is zero, and the semi-major and semi-minor axes are equal; or two-dimensional shape consisting of the maximum area per unit squared circumference, as determined by the calculation of variation.

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what are examples of social media content that businesses can effectively leverage to excite customers

Answers

The examples of social media content that businesses can effectively leverage to excite customers are Customized offers are communicated through mobile apps. Games centered on a specific brand or product.

What exactly is leverage?

Leverage is a strategy in which you borrow money to buy something in the hope that your profits will be much higher than the amount you borrowed.  successful leverage is referred to as a lever because it amplifies a small input force into a greater output force and turns the relatively small amount of money required for borrowing into significant profits. However, the strategy poses a significant threat of defaulting on a significant debt. A lender will typically demand that the purchased asset be used as collateral security for the loan and set limits on the amount of risk and leverage it is willing to take on.

How can businesses make use of social media?

Brands can use a social media influencer who shares their mission and values to give honest product endorsements to a targeted, engaged audience that is eager to buy.

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How does a bank benefit from making loans to its customers?

Answers

Banks benefit from making loans to their customers in many ways such as loan products can generate income for the bank, as customers make payments that include interest.

Furthermore, banks can use the loan product to attract new customers who are looking for credit. Additionally, banks can leverage their loan portfolio to obtain additional liquidity from other financial institutions, essentially using their own customers’ money to increase their own capital.

Finally, banks can use loan products to provide customers with additional services, such as overdrafts, which can also generate income for the bank.

All in all, loan products can be a great way for banks to generate income, attract new customers, and provide additional services.

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