Short- and long-run equilibrium ii. if the economy is in short-run macroeconomic equilibrium at e1, it is in an inflationary gap.
A macroeconomic concept known as the inflationary gap quantifies the discrepancy between the real gross domestic product (GDP) at the current level and the GDP that would exist if the economy were experiencing full employment.
When demand for goods and services outpaces supply due to elements like higher levels of overall employment, increasing trade activity, or higher government spending, there is an inflationary gap.
In light of this, there may be an inflationary gap if the real GDP exceeds the potential GDP. The inflationary gap is so named because an economy's increased consumption as a result of the relative gain in real GDP eventually drives up prices.
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If the annual interest paid on a $500 loan is $25, the nominal interest rate is _____ percent per year. If the nominal interest rate is 5 percent per year and the inflation rate is 2 percent a year, the real interest rate is _____ per year.
If the annual interest paid on a $500 loan is $25, the nominal interest rate is 5 percent per year. If the nominal interest rate is 5 percent per year and the inflation rate is 2 percent a year, the real interest rate is 3% per year.
What is interest rate?
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum).
How to calculate the first question, the nominal interest rate?
Nominal interest rate = interest paid / face value
= 25 / 500 = 0.05 = 5%
How to calculate the second question, the real interest rate?
Real interest rate = nominal interest rate - inflation
= 5% - 2% = 3%
Therefore, the nominal interest rate is 5% per year and the real interest rate is 3% per year.
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rising interest rates tend to group of answer choices contract the level of economic activity. increase the level of business investment. indicate governmental expansion of the economy. signal the trough of a recessionary market.
Rising interest rates tend to option a, contract the level of economic activity.
Federal reserve increases the interest rate which increases the short-term borrowing cost for financial institutions. It affects the rest of the borrowing costs for financial institutions and consumers.
When financial institutions borrow money at short-term borrowing costs, they charge more interest rates from consumers for borrowing money. High-interest rates on credit card and mortgage loans impact consumers. It reduces the spending capacity of consumers.
Consumers face high household bills and are left with low disposable income. With lower demands for products and services, it decreases the profits and revenue of the business decrease.
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are liquidated damages intended only for missing the completion date of a project, or may they also be established for failure to meet mid-project interface dates?
Liquidated damages are established for both failure to fulfill mid-project interface dates and project completion dates, and are intended in both scenarios. They are recoverable for delays in the remaining work after substantial completion.
Amounts paid by the injured party as compensation for a specific contract formation breach are known as liquidated damages under contract law. These damages are compensated when a contract (or project) is not completed or when the completion deadline is not met.
Liquidated damages are typically tied to the project's "substantial completion date" (typically defined as the point at which the owner can use the project for its intended purpose); consequently, they are not typically enforceable.
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imagine that scott has asked your opinion about whether barcelona should try to reduce involuntary turnover. what is an advantage of the current practice of firing a large percentage of employees?
Barcelona can swap out ineffective performers for more potent ones.
What is Barcelona:
Spain's Catalonia region's cosmopolitan capital, Barcelona is renowned for its art & architecture. The city is filled with modernist structures, including the spectacular Sagrada church.
This summer, as Barcelona spent a combined to buy Brazil winger from Leeds United, Poland striker Robert Lewandowski from Bayern Munich, and France center-back Jules from Sevilla, the curiosity has, in certain places, turned into jealously and bitterness. On free transfers, they also acquired Andreas Christensen and Franck Kessie from Chelsea and AC Milan, respectively.
Barcelona is a seaport city that serves as the regional headquarters of northeastern Spain's Catalonia autonomous community and is 90 miles from the French border. It is renowned for its uniqueness, cultural appeal, and physical beauty and serves as Spain's main Mediterranean port and commercial hub.
Barcelona is situated on a plain that is normally bordered by the River (north), the Llobregat Rivers (south), the rock outcrop. Barcelona faces the Mediterranean Sea to the southeast. Barcelona has had to deal with the effects of its strategic position and political implications throughout its history.
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what might a private landowner do with land that they want to conserve and support the oregon act for sustainable land management?
A private landowner do with land that they want to conserve and support the oregon act for sustainable land management convert the land to a prairie or a grassland.
What is the job of landowner?The extensive ecosystem services that are given on a landowner's property may be protected by the landowner's autonomy in preserving the property and their position as stewards of the land. No matter how harmless, government involvement in land use may be seen as unworkable.
What exactly is a landowner contract?An agreement in writing between a public entity and a landowner granting access to the house for the purpose of inspecting project-related elements is known as a landowner agreement.
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when a startup's promotional strategy is to place the product with retailers, trade shows, and other venues for the customer to experience, this is called a:
when a startup's promotional strategy is to place the product with retailers, trade shows, and other venues for the customer to experience, this is called a Push Strategy.
A push promotional technique is a form of marketing in which businesses bring their goods directly to customers. With the help of trade exhibits and point-of-purchase displays, this technique aims to put the product in front of consumers directly.
A push approach aims to sell to customers directly, eschewing conventional means of distribution. Direct sales of travel or insurance are two examples of this. Consumer promotions and advertising are the most likely promotional tools with this kind of strategy.
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an independent auditor must have which of the following? group of answer choices a pre-existing and well-informed point of view with respect to the audit. the ability to exercise sound professional judgment. a background in many different disciplines. experience in taxation that is sufficient to comply with generally accepted auditing standards.
An independent auditor must possess the following qualifications: the ability to use solid professional judgment.
The Independent is a British online newspaper. It began as a nationwide morning printed newspaper in 1986. The Indianapolis Star originated as a broadsheet until switching to tabloid format in 2003. The last printed edition was published on Saturday, March 26, 2016, leaving just the online edition. Tony O'Reilly's Irish Independent News & Media owned the newspaper from 1997 until it was sold to Russian oligarch and former KGB officer Alexander Lebedev in 2010. Sultan Muhammad Abuljadayel purchased a 30% share in the company in 2017.
The daily edition was named National Newspaper of the Year at the 2004 British Press Awards. In 2021, the website and mobile app had a combined monthly reach of 19,826,000 people. The Independent debuted in broadsheet format on October 7, 1986.
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a decrease in interest rates will question 30 options: 1) be a movement along the investment function relating planned investment to the interest rate. 2) shift the investment function relating planned investment to the interest rate to the right. 3) shift the investment function relating planned investment to the interest rate to the left. 4) have no impact on the investment function relating planned investment to the interest rate.
The ratio of total direct investment to goods produced is known as the investment rate in business statistics. The factors that affect the levels of total investments
What is Investment Function ?A concept or method used in economics known as the "investment function" aims to explain how changes in national income are related to the investment trends that exist within a given country's economy.
An investment is a purchase undertaken with the hope of earning money or increasing capital. The phrase "appreciation" refers to a rise in an asset's worth When someone purchases something, they do not intend to use it for direct consumption, but rather as a tool for generating wealth in the future.
Creating an investment entails using money now in the hopes that it will appreciate later. An investment is the use of capital—such as time, money, effort, etc.—with the expectation of earning a return greater than the initial investment. Any method or tool used to produce future income is referred to as an investment, including bonds, equities, real estate, and alternative investments.
Investments typically don't guarantee an increase in value; you can finish up with less money than you started with, Highly diversified investments can lower risk, but doing so may also lower income potential.
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which element of a pestel analysis is represented by the use of data mining information from the bureau of labor statistics to gain insight into regional employment figures?
Element of a Pestel analysis is represented by the use of data mining information from the bureau of labor statistics to gain insight into regional employment figures is economic.
A PESTEL evaluation is used to pick out threats and weaknesses which can be utilized in a SWOT evaluation. Political elements include authorities' policies, leadership, and change; overseas change policies; inner political troubles and trends; tax policy; law and de-law trends.
The Bureau of Labor Statistics (BLS) obtains Consumer Expenditure Surveys (CE) Interview Survey and Diary Survey facts through interviewing respondents approximately their expenditures, income, and characteristics. The U.S. Census Bureau selects the samples of family addresses and collects the facts beneath neath agreement with BLS.
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discuss the choices the marketing manager must make in: pricing flexibility price level pricing over the product life cycle
B2B Market segmentation identifies specific target market segments to fine-track marketing, grow sales, and force product development. The distinction between the B2B marketplace and B2C marketplace is B2B stands for enterprise-to-enterprise, regarding a kind of transaction that takes place between one business and another. B2C stands for enterprise-to-consumer, as in a transaction that takes vicinity between an enterprise and a man or woman because of the quit customer.
To do marketing in pricing flexibility, price level, and pricing over the product life cycle, the manager can use the B2B market.
Business-to-business or also known as B2B marketing means the marketing of products or services to other businesses and organizations.
That question is not complete. The complete question is shown in the attachment.
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because walmart is such a large organization, its sales volume is enormous. as a result, the company has great bargaining power with its suppliers to lower the price walmart pays for merchandise to be shipped to its stores to be sold. this illustrates multiple choice learning effects. economies of scale. purchasing power parity. subsidiary skills.
The company has great bargaining power with its suppliers to lower the price Walmart pays for merchandise to be shipped to its stores to be sold. This illustrates an economies of scale.
Cost advantages that businesses enjoy when production becomes efficient are known as economies of scale. By increasing production and reducing expenses, businesses can attain economies of scale. Costs are divided among more products, which causes this. Costs come in fixed and variable forms.
When it comes to economies of scale, the size of the business typically matters. Cost savings increase with business size. Both internal and external economies of scale are possible. While external economies of scale are influenced by outside causes, internal ones are based on management choices.
Internal operations such as accounting, IT, and marketing are also seen as operational efficiencies and synergies.
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julia purchases a new piece of equipment for her business. the equipment was purchased for $65,000 and is expected to generate the following cash flows at the end of each year for the next seven years: $14,000 (year 1), $19,000 (year 2), $21,000 (year 3), $21,000 (year 4), $16,000 (year 5), $11,000 (year 6), and $9,000 (year 7). assume the equipment can be sold for $10,000 at the end of seven years and julia's required rate of return is 9%. what is the net present value of this investment? select one. question 4 options: a. $20,635.27 b. $21,828.55 c. $22,280.23 d. $23,957.29
When Julia invests in a new piece of equipment for her company, the net present value of this investment is $22,280.23.
What are supplies and machinery?Equipment and Materials refers to all supplies, tools, spare parts, construction utilities, instruments, appliances, machinery, equipment, parts, tools, special tools, components, and appurtenances needed for the design, construction, or operation of the complete Project in line with
What are resources for equipment?They are tools that support an organization's daily operations, facility maintenance, and revenue generation. Water heaters, air conditioners, refrigerators, tractors, automobiles, and many more goods fall under the category of equipment.
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miller brothers hardware paid an annual dividend of $1.15 per share yesterday. today, the company announced that future dividends will be increasing by 2.6% annually. if you require a 12% rate of return, how much are you willing to pay to purchase one share of this stock today? o a. $9.83 o b. $9.81 o c. $12.23 o d.$12.55
An annual dividend is a yearly payment made to an insurance policyholder, most often of a permanent life insurance or long-term disability policy.
How are annual dividends calculated?
If a company pays monthly dividends, you can multiply the payment amount by the number of payments in a year, which means you can multiply the dividend by 12 to get an annual rate dividend per share.
Use the P equation on the formula sheet
P0 = (Dividend x (1 + Growth)) / (required rate of return - growth)
= (1.15 x 1.026) / (0.12 - 0.026)
= $12.55
Therefore, The dividend amount is determined by factors such as the insurance company's profits, investment performance, and the sum of money paid into the policy.
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what is the white-box approach in auditing systems? select all statements that apply. multiple select question. the white-box approach is also called auditing around the computer. auditors need to create test cases to verify specific logic and controls in a system. it requires auditors to understand the internal logic of the system/application being tested.
The white-box approach in auditing systems are :-
It is adequate when automated systems applications are relatively simple.
It is to audit around the computer.
The advantage of this approach is that the systems will not be interrupted for auditing purposes.
Auditing is defined as the on-web page verification interest, which include inspection or exam, of a procedure or nice device, to ensure compliance to requirements. An audit can follow to a whole company or might be precise to a function, system, or production step.
An audit is an "unbiased exam of financial facts of any entity, whether or not earnings oriented or not, no matter its length or legal form while such an exam is carried out on the way to specific an opinion thereon.”
The reason of an audit is to shape a view on whether the records presented within the financial record, taken as a whole, reflects the monetary function of the company at a given date.
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he risk premium measures: multiple choice 1 the total interest rate paid on a financial asset. the interest paid on a u.s. government bond. the extra interest paid on a risky financial asset. the rate at which people default on their debts.
The risk premium measures the difference between the expected return on a market portfolio and the risk-free rate.
What's risk premium applied for?
A risk premium is the investment return an asset is anticipated to yield in excess of the threat-free rate of return. An asset's risk premium is a form of compensation for investors. It represents payment to investors for permitting the redundant threat in a given investment over that of a threat-free agent.
What's a risk premium?A risk premium is the advanced rate of return you can anticipate to earn from unsafe means like stocks, rather of investing in a risk-free means like government bonds.
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in comparative advertising, a company cannot be held liable for misrepresentations regarding products other than its own. group of answer choices true false
'in comparative advertising, a company cannot be held liable for misrepresentations regarding products other than its own.
This statement is false.
Comparative or combat advertising is advertising that specifically mentions the name of a competitor for a particular product or service, clearly stating why the competitor is inferior to the product named after it. Comparative advertising is a marketing strategy that presents a company's products or services as superior to those of its competitors. Comparative advertising campaigns may include print direct comparisons of the features of one company's products to those of its competitors.
Comparative advertising is an advertising strategy used by brands to promote their products, making their products look better than those of their competitors. "Now eat without feeling guilty. Our burgers have 80% fewer calories than McDonald's. ” This message shows that the brand's products are superior.
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after two weeks of looking and comparing alternatives for a laptop, julie finally bought a macbook. for days following the purchase, she kept pondering if she should have purchased a different brand. what is julie experiencing in this scenario?
Julie is experiencing buyer's remorse in this condition.
What is buyer's remorse?Having regret or anxiety after making a purchase is known as "buyer's remorse." Also known as buyer's remorse or buyer's disappointment, it results from the conviction that the purchase was a mistake, either because there was a better option available or the selection was just incorrect.Buyer's remorse can happen after any kind of purchase, but it typically happens after making a big commitment, like purchasing a home or a car.Buyer's regret is supposed to result from cognitive dissonance, specifically post-decision dissonance, which happens when a person must choose between two equally alluring options, like a large investment buy. Resources invested, the buyer's engagement, whether the purchase is compatible with the buyer's aims, and regret-inducing thoughts experienced after the purchase are some factors that can influence buyer's remorse.To learn more about buyers remorse refer to:
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what are some issues and risks that international packaging faces that are not present in a domestic shipment?
The following are some obstacles and risks that international packing faces that are not present in domestic shipments.
Product damage, export delays, price increases, and the country's culture
What is the Damage to the product?If you are exporting your goods to another country, the packaging must be strong enough to safeguard the contents within. Consider how you would feel if you ordered something from another country and it arrived damaged. Will you buy the same product from the same company again? As a result, the firm must guarantee that the packaging is sufficient to ensure that the product survives the extended travel.
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Medical facility does MRIs for sports injuries. Occasionally a test yields inconclusive results and must be repeated. Use the following sample data and n = 200. SAMPLE 1 2 3 4 5 6 7 8 9 10 11 12 13 Number of retests 1 2 2 0 2 1 2 0 2 7 3 2 1 a. Determine the upper and lower control limits for the fraction of retests using two-sigma limits. (Do not round intermediate calculations. Round your final answers to 4 decimal places. Leave no cells blank - be certain to enter "0" wherever required. )
The number of retests for sample number 10 (retests = 7) does not fall within the calculated values of UCL (0.0234) and LCL, hence the process is not under control (0).
The two-sigma limit is what?It can be tricky to use sigma, also known as standard deviation. It's a fantastic tool for studying any piece of data, though. By eliminating the data you don't need and focusing just on the relevant data at hand, using two-sigma control limits can improve your analysis.
The best part is that there is very little math required because the principle underpinning control limits is based on standard deviation.
Calculation:
Number of samples (N) = 13
Sample size (n) = 200
Retests: (1+2+2+0+2+1+2+0+2+1+2+0+2+7+3+2+1) = 25
(a) Number of retests / Total Number of Observations equals the defect rate (P-bar).
P-bar = 25 / (13 * 200)
P-bar = 25 / 2600
P-bar = 0.0096
P-bar's standard deviation = √[P-bar x (1 - P-bar)] / n
Sp = √[0.0096 x (1 - 0.0096)] / 200
Sp = 0.0069
Upper Control Limit (UCL) equals (Z x Sp) + P-bar
For 2-sigma limits, Z = 2
UCL = 0.0096 + (2 * 0.0069)
UCL = 0.0234
Lower Control Limit (LCL) = P-bar - (Z x Sp)
LCL = 0.0096 - (2*0.0069)
Lower Control Limit = -0.0042 or 0 (the retest count cannot be negative)
LCL = 0
(b) The defect rate is determined for each of the provided retests as follows:
1, P-bar = 1/200, and the number of retests is 0.0050.
2, P-bar = 2/200 = 0.0100 for the number of retests.
3, P-bar = 3/200 = 0.0150 for the number of retests.
7 retests total, P-bar = 7/200 = 0.0350. (outside the limits)
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When you consider what product to buy and what price to pay for it, you are
using which of the following processes?
Select one:
O a. the needs versus wants process
O b. the decision-making process
O c. the price versus use process
d. the resource management process
The answer is A
Explanation:
cause u are considering if u need it or not and if u buy it will u regreat it
What is the best example of an etiquette guideline new employees should follow? question 2 options: take credit for a coworker's ideas if you can get away with it bully employees lower on the company hierarchy to help with your tasks let your teammates know if you could potentially miss a deadline arrive five minutes late for meetings because they never start on time
The best example of an etiquette guideline new employees should follow is take credit for a coworker's ideas. Your coworkers are not your contender, you can't do the job alone and teamwork is very important in an organization or company.
New employee etiquette guidelinesWhen you land a job in a company, you are the new guy in that place, you know nothing about it. There are several etiquette guidelines you can follow to cope with the new place, including:
1. Always make a good impression.
2. The key is communication between teammates.
3. Learn your environment, once you handle that everything will be so easy.
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Answer:let your teammates know if you could potentially miss a deadline
Explanation: i took the test
before kyah was hired at ac technologies, marcus was the only person in the office with detailed knowledge of the computerized inventory control system. since kyah is now equally familiar with the system, marcus has found that his level of expert power within the organization has decreased due to which factor?
The level of expert power for Marcus ad decreased due to the substitutability factor in the organization.
In the field of business, when a person working in an organization has a threat from another worker who is equally skilled to him then such a phenomenon is referred to as substitutability.
Substitutability refers to the act of being replaced by a person who is of equal value to you.
In the case above, Kyah is a substitute for Marcus as she has the same computerized knowledge as him. Hence, the level of expert for Marcus has decreased because of a substitute being present in the company now.
Although a part of your question is missing, you might be referring to this question:
before Kyah was hired at ac technologies, Marcus was the only person in the office with detailed knowledge of the computerized inventory control system. since Kyah is now equally familiar with the system, Marcus has found that his level of expert power within the organization has decreased due to which factor?
substitutability
threat
competition
reliability
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assume zap industries reported the following adjusted account balances at year-end. 20212020 accounts receivable$ 1,640,200$ 1,290,920 allowance for doubtful accounts(87,000)(71,800) accounts receivable, net$ 1,553,200$ 1,219,120 assume the company recorded no write-offs or recoveries during 2021. what was the amount of bad debt expense reported in 2021? multiple choice $15,200 $71,800 $87,000 $30,400
The amount of Bad Debt Expense zap industries reported in 2021 was $15,200 if company has recorded no write-offs or recoveries.
How to calculate Bad Debt Expense ?When a receivable is no longer recoverable as a result of a customer's inability to pay an outstanding debt owing to bankruptcy or other financial issues, a bad debt expense is recorded.
Bad debt expenses equation can be recognized using two methods:
Direct Method With this approach, the business directly records the cost of bad debt. Since this procedure does not adhere to the matching concept specified in the "generally accepted accounting principle," the business does not typically employ it.Allowance Method According to this method, bad debts are recognised as a portion of sales made or outstanding debtors based on their ageing and are transferred to a different account known as Allowance for Doubtful Debts.The opening balance of the allowance account = $71,800
The closing balance of the allowance account = $87,000
The amount of bad debt expense = $87,000- $71,800
= $15,200
The amount of bad debt expense reported in 2021 is $15,200.
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on-a-roll, inc. amortizes its patent of $20,000 over 20 years. the adjusting entry to record amortization results in a(n) . (check all that apply.) multiple select question. increase to liabilities on the balance sheet decrease to net income on the income statement increase to net income on the income statement decrease to assets on the balance sheet increase to assets on the balance sheet
On-a-roll, inc. amortizes its patent of $20,000 over 20 years. the adjusting entry to record amortization results in a decrease in net income on the income statement decreased to assets on the balance sheet.
Amortization is an accounting approach used to periodically lower the book cost of a loan or an intangible asset over a fixed time frame. regarding a mortgage, amortization focuses on spreading out mortgage bills through the years. whilst applied to an asset, amortization is just like depreciation.
An organization may additionally amortize the price of a patent over its beneficial existence. Say the organization owns the extraordinary rights over a patent for 10 years, and the patent isn't always to resume on the give up of the duration.
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With respect to bad debts, what is the allowance method
Answer:
The allowance method refers to one of the two ways for reporting bad debts expenses that results from a company selling goods or services on credit. A business will set aside a certain amount of funds to cover bad debts—or money that probably won’t be repaid to them—and is typically calculated as a percentage based on company sales (in a previous sales period) and specific customer risk assessment.
you are in the process of purchasing a new automobile that will cost you $35,000. the dealership is offering you either a $5,000 rebate (applied toward the purchase price) or 4.5% financing for 60 months (with payments made at the end of the month). you have been pre-approved for an auto loan through your local credit union at an interest rate of 8.0% for 60 months. should you take the $5,000 rebate and finance through your credit union or forgo the rebate and finance through the dealership at the lower 4.5% apr?
Instead of $5,000 rebate and finance through your credit union or forgo the rebate ,we should finance through the dealership at the rate 4.5% apr.
1).If we take rebate of $ 5000, we will get the loan at 8% from bank for 5 year
$ 35000 - $ 5000 = $30000
Interest on $30000 at 8% for 5 years
= (1.08)^5
= 1.587
Total amount to be paid
= (30000* 1.587)
= 47610
2.) if we doesn't take the rebate, we will get the loan at 4.5% for 5 years
$35000
Interest on $ 35000 at 4.5% for 5 years
= (1.04)^5
= 1.22
Total amount to be paid
= (35000*1.22)
= 42700
Clearly taking rebate is not beneficial to us.
So it is recommendary to not go for the rebate, rather take the loan at 4.5%
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an advantage of a firm having to pay for blank is that it can control what it wants to say, when to send its message, and to some extent, to whom the message is sent. multiple choice question. public relations publicity distribution advertising
Direct marketing campaigns operate independently to communicate directly with target audiences, in contrast to traditional public relations campaigns that are distributed through a third party like media publications or mass media.
Direct marketing: What Is It?Any kind of marketing that communicates or distributes directly to individual customers rather than through a third party like the mass media is considered direct marketing. Among the delivery methods utilized are texting campaigns, email, social media, and mail. Because it generally eliminates the middleman, such as advertising media, direct marketing is referred to as such.
What are examples of direct marketing?Direct marketing strategies include email, online ads, flyers, database marketing, promotional letters, newspapers, outdoor advertising, phone text messaging, magazine ads, coupons, phone calls, postcards, websites, and catalog distribution.
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one characteristic of an oligopolistic market structure is group of answer choices firms in the industry are typically characterized by very diverse product lines. products typically sell at a price that reflects their marginal cost of production. the actions of one seller can have a large impact on the profitability of other sellers. since markets are typically large, the actions of one seller largely go unnoticed by its competitors.
An oligopoly is a market structure when a small number of producers produce uniform goods or goods that are close substitutes for one another. There is fierce competition in the market as a result of a small number of companies.
Since a firm’s market decisions have an impact on its competitors, all businesses are dependent on one another.The businesses set prices. High barriers prevent companies from entering the market.Oligopolies do not have prices that are higher than their marginal revenues, in contrast to monopolies and monopolistically competitive marketplaces.An oligopoly Is a market structure where there are only a few rival businesses providing a certain segment of the economy with a good or service. Its composition is the result of imperfect competition (between monopoly and perfect competition).In an oligopoly market, the number of companies will determine the price of items, however in a monopoly market, just one company controls the market, and as a result, that corporation determines the price of the good because it is an uncompetitive market.
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mona is a licensee who strives to be professional in all of her actions, so how does she keep her business account?
According to rules governing the practice of licensee, Mona would keep her business account by acquiring a valid license, received from the legal authority, to lawfully operate or do business in a certain area or location.
Who is a Licensee?A Licensee is a term that is used in real estate to describe a person that has been assigned limited permission to use or occupy a property whether physical or intellectual property.
As a licensee who strives to be professional in all of her actions, Mona is expected to keep her business account by doing the following:Establish a business name operating licensee workHave the financial strength to prove to the licensor that the licensee is capable to carry out the operationQuality and compliance with the necessary regulating authorityHence, in this case, it is concluded that the correct answer is to have "a valid license, received from the legal authority, to lawfully operate or do business in a certain area or location."
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in the video, what do both managers suggest should be done to ensure that effective communication is taking place?
Communication's most crucial component is listening. Understanding spoken or written material is only one aspect of effective listening; another aspect is recognizing the speaker's emotions as they are expressed.
What actions should managers take to enhance the effectiveness of communication inside the company?Managers should promote a two-way communication approach to increase communication effectiveness. Through the use of two-way communication, the recipient can inform the sender whether they have been understood by asking questions, requesting clarification, and expressing opinions.
Why is it crucial for managers to have strong and efficient communication skills?Strong management - Managers are better equipped to manage their teams when they are strong communicators. Being an effective communicator makes it much simpler to delegate tasks, manage conflicts, inspire employees, and develop relationships—all crucial managerial duties.
Learn more about two-way communication: https://brainly.com/question/15090020
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