The statement is TRUE.
Suppose that an MBA degree creates no externality because the benefits of an MBA are captured by the student in the form of higher wages. If the government offers subsidies for MBAs. The equilibrium quantity of MBAs will be greater than the socially optimal quantity of MBAs.
MBA socially optimal quantity?The equilibrium quantity of MBAs will equal the socially optimal quantity of MBAs.
The condition that exists when the market is in equilibrium, or when Social Marginal Cost equals Social Marginal Benefit, is known as a social optimality condition in economics. Normally, the social optimality criterion is satisfied in the absence of externalities. When externalities are absent, equilibrium is reached and there is no market failure.
In this case, it is made very apparent that there are no externalities because the advantages of having an MBA solely increase the income of their owners. If there are no externalities, then the market for MBAs is in equilibrium If the government finances MBA programs, possibly through lower taxes, then only MBA holders will profit and others without an MBA will not. This suggests that the MBA market's equilibrium amount is higher than the socially optimal quantity since one sector of the economy (the MBA market) benefits more than the rest of the economy (equilibrium for the rest of the economy).
The statement is therefore, TRUE.
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Indicate the point where a monopoly will set its price.
Answer:
Equilibrium point.
Explanation:
The equilibrium price is the only price where the plans of consumers and the plans of producers agree—that is, where the amount consumers want to buy of the product, quantity demanded, is equal to the amount producers want to sell, quantity supplied. This common quantity is called the equilibrium quantity. At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.
Aperture Science relies on its employees to provide innovative ideas for new educational products. To foster intrinsic motivation in its workforce, Aperture Science should
To foster intrinsic motivation in its workforce, Aperture Science should give employees a "free day" every two weeks to pursue ideas for new educational toys.
What is intrinsic motivation?Behavior that is motivated by internal rewards is referred to as intrinsic motivation. In other words, you are motivated to act in a certain way because it makes you feel good inside. Compare this to extrinsic motivation, which entails acting in a certain way to obtain benefits from outside sources or avoid punishment. You are operating out of intrinsic motivation if you are reading this article because you are interested in psychology and just want to learn more about the subject of motivation. However, you might be reading this because you need to study for a class and don't want to get a failing mark. If so, extrinsic motivation is driving your actions.Many businesses encourage their employees by allowing them free time to pursue their interests. Making time for enjoyable tasks has been proved to increase employees' feelings of autonomy and to be a fantastic source of invention.
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A woman decided to have a painting done of herself. She contracted in writing with an artist, who agreed to paint the woman for $10,000.
The cousin would be not be able to recover from the woman because of the following reasons:-
As the woman has a defense built into the contract, the cousin will not be able to recoup from her. The rights under a legal contract may be assigned by one of the original parties to a third party, who may then enforce those rights directly against the original party while typically being subject to whatever defenses the original party may have had against the assignor. The defense is always available against an assignee since it existed when the contract was created as long as it is an inherent defense, such as failure of a condition (even if whether the obligor would be able to utilize it was uncertain).
What does a legal contract suggest in this case?In this case, the lady (the obligor) and the artist (the assignor) had a legally binding contract; as a result, the woman's commitment to buy the painting only if she was pleased with it was not illusory.
This is because she had to sincerely exercise her right to reject it. The contract's requirement that the woman be pleased with the painting became a condition of the cousin who the artist delegated his rights under the agreement to (the assignee). She can cite the painting's displeasure as an explanation for her failure to pay for it; this defense is included into the contract and prevents the cousin from suing the lady.
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What is the total of tim’s liabilities if he has recorded $50,000 in assets and $40,000 equity on a balance sheet?
Total assets = Total liabilities + Total stockholders' equity
Total liabilities = Total assets - Total stockholders' equity
Total liabilities = $50,000 - $40,000
Total liabilities = $10,000
Hence, the total of Tim's liabilities is $10,000.
Responsibility is the responsibility of the individual or company and is usually the amount. Debts are settled over time by the transfer of economic interests, including money, goods, or services. The liabilities shown on the right side of the balance sheet include loans, liabilities, mortgages, income receivable, borrowings, guarantees, and accrued expenses.
Liability can be compared to assets. Debt is what you owe or owe. An asset is something you own or owe. In general, liability is an obligation between one party and another that has not yet been exempted or paid. In the accounting world, financial liabilities are also obligatory but are more likely to be defined by past commerce, events, sales, asset or service exchanges, or those that will generate economic benefits in the future.
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In some simple models of trade, a country may choose to specialize in the production of a single good. which is not an argument against specializing in a single good in the real world?
An argument that is not against specializing in a single good in the real world is that specialization in a single good makes dumping easier and more effective.
If a country specializes in a single good, less waste will be produced and it can be dumped easily at one place and can be used or recycled more easily than to dump several different kinds of goods as they will need different technologies and to segregate them will be a hard job to do.
Countries improve their production of the commodity in which they specialize. There are many benefits to consumers if a country does so as specialization lowers the opportunity cost of production, increasing global production and lowering prices. These reduced pricing and increased supply benefit consumers.
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Made-to-order metalworks is a small manufacturing firm specializing in custom-order tool and die work. a computerized accounting system would help this firm by?
The company Made to Order is a manufacturer of custom tools, which is a bespoke manufacturing. A computerized system can help the organization in many ways.
What is Manufacturing?A manufacturing organization is an organization that manufactures goods, and then sells them to customers and thus generates revenue and profits. A bespoke manufacturing company is the one who manufactures products as the customer wants it to be.
There are so many benefits of having a computerized system for the manufacturing business.
A computerized system can help Made to Order by creating a 3D model of the customer choice of tool, also the orders can be sequenced and easily monitored, delivery date can be highlighted if near and the order booking date can also be mentioned and helpful when the customer wants early delivery for the goods. Also the receipt of payments can be checked and monitored.
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What should investors consider when planning for their retirement?
Retirement planning should include determining time horizons, estimating expenses, calculating required after-tax returns, assessing risk tolerance, and doing estate planning. Start planning for retirement as soon as you can to take advantage of the power of compounding.
Planning for retirement is making preparations for your future so that you can continue to achieve all of your objectives and desires on your own. Setting your retirement goals, calculating how much money you will require, and making investments to increase your retirement savings are all included in this. Every retirement strategy is different.
Planning for retirement is crucial because it might prevent you from running out of money in later life. Your strategy can assist you in determining the rate of return you require on your assets, the appropriate level of risk, and the maximum amount of income you can safely draw from your portfolio.
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a(n) is a situation in which at least one party involved in a negotiation beleives that reachin an agreement is not
A impasse is simply a situation in which at least one party believes that reaching an agreement is not imminent.
What is Negotiation?Negotiation refers to a process in which two or more parties participate with the purpose of reaching an agreement. Although the parties know that they do not want the exact same thing, they both express their willingness to compromise.
What is Impasse in negotiation?A deadlock in negotiations between management and labor occurs when the two parties cannot reach an agreement to settle their differences. This is called an Impasse.
When a deadlock happens, both parties withdraw their delegates to reassess their position. As this happens, management generally goes ahead to implement the changes it proposed during the negotiation as it waits for another chance to negotiate with labor.
An impasse occurs when the parties end a negotiation without coming to an agreement, either because one or both parties prefer no agreement, or because they could not reach an agreement despite benefitting from doing so.
Hence , from the given scenario of the question the correct answer is D.
Your question is incomplete, but most probably your full question was:
A(n) ____ is simply a situation in which at least one party believes that reaching an agreement is not imminent.
A. arbitration
B. mediation
C. strike
D. impasse
E. lock out
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Some causes of small-business Blank______ include underpricing or overpricing goods or services, starting with too little capital, going into business without first learning something about the industry or market, and underestimating how much time it will take to build a market
Some causes of small-business failure include underpricing or overpricing goods or services, starting with too little capital, going into business without first learning something about the industry or market, and underestimating how much time it will take to build a market.
What are small businesses?A small business refers to a privately owned and operated business, that essentially have few employees to work with.
An advantage if small business is that efforts and commitment put into growth of the business will be duly reaped by the owner.
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According to the quantity theory of money, if money supply is $1,000 million, the overall price level is 200, and real GDP is 50 million, then the velocity of money is equal to:
In the quantity theory of money, MV = PY
V = 200 × 50 / 1000 = 10
Ans a.
P = price level
Y = GDP
V = velocity
M = money supply
Real GDP is a measure of a country's gross domestic product that has been adjusted for inflation.
The transaction's velocity is the number of times on average that a dollar is used for a transaction. If the velocity were fifty-two, for example, then on average a dollar changes hands once each week. Consider a company town, in which weekly town product is $100. The money supply is $100.
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The amount of the average investment for a proposed investment of $191,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $30,300 for the 4 years is a.$47,750 b.$7,575 c.$30,300 d.$95,500
$30300
Annual depreciation = (purchase price - salvage value) / useful life
Straight line depreciation = Annual depreciation / (purchase price -salvage value)
The steps in calculating a straight line depreciation are:
Find out how much the asset costs.
To determine the entire depreciable amount, deduct the asset's estimated salvage value from the asset's purchase price.
Find out how long the item will be useful.
To calculate the annual depreciation amount, multiply the total from steps (2) and (3) by the figure determined in steps (3).
i.e, = $191000-$30300 = $160700
an asset with a useful life of 4 =$160700/4 =$40 175
so the straight-line depreciation rate is at 4.7%
In 4 years Straightline depreciation will be $30300
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Which of the following contingent liabilities would require a company to record a note to the financial statements
The following contingent liabilities would require a company to record a note to the financial statements:-
a.) The liability is possible and cannot be reasonably estimated.
b.) The liability is probable and cannot be reasonably estimated.
c.) The liability is possible and is estimated to be $35,000.
Correct answer is option 1 , 2 & 4 .
Eligible contingent liabilities are recognized as expenses on the income statement and as liabilities on the balance sheet. If the chance of accidental loss is low, i. H. With a probability of less than 50%, the liability should not be recognized on the balance sheet.
Contingent liability is disclosed when it is likely that a transfer of economic benefits will be required to resolve it without making a provision.
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Your question is incomplete. please read below to find the full content.
Which of the following contingent liabilities would require a company to record a note to the financial statements
The liability is possible and cannot be reasonably estimated.
The liability is probable and cannot be reasonably estimated.
The liability is remote and estimated to be $15,000.
The liability is possible and is estimated to be $35,000.
The liability is remote and cannot be estimated.
The liability is probable and estimated to be $40,000.
You are considering the following two mutually exclusive projects. The required rate of return is 10. 75 percent for project a and 12 percent for project b. Which project should you accept and why?.
Project A because its NPV is about $796 more than the NPV of project B.
What is NPV?
The net present value (NPV) of an investment opportunity is a financial statistic that attempts to represent the overall worth of the opportunity. The concept of NPV is to project all of the future cash inflows and outflows connected with investment, discount all of those future cash flows to the present day, and then add them all together. The net present value, also known as net present worth, is applied to a sequence of cash flows that occur on various dates. The present value of a cash flow is determined by the time elapsed between now and the cash flow. It is also affected by the discount rate. The temporal value of money is accounted for by NPV.
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In the _______________, the perfectly competitive firm will seek out _______________.
In the short run, the perfectly competitive firm will seek out the quantity of output where profits are highest.
What is the perfectly competitive market?This is the term that is used to refer to the market that has limited restrictions as compared to the monopolist firm.
The perfectly competitive firm is the firm that has many number of sellers and buyers of the same types of products in the market which are not differentiated. This type of market has perfect information. No single producer in the market has the power to raise the price of the goods and the services in the market to their favor.
At the end, the highest output is what they focus on based on profit gotten.
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Many brick-and-mortar companies must pay attention to the new competition from the because now consumers can search the world.
Many brick-and-mortar companies must pay attention to the new competition from the internet because now consumers can search the world.
What Does Brick & Mortar Mean?A "brick-and-mortar" firm is a conventional street-side enterprise that interacts directly with its clients in a store or office that it owns or leases. Brick-and-mortar businesses include places like the neighborhood supermarket and bank. Given that most web-based companies, like Amazon.com Inc. (AMZN), typically have cheaper operating expenses and more flexibility, brick-and-mortar firms have had a difficult time competing with them.
For instance, some physical grocery stores, like Safeway, allow customers to shop for groceries online and have them delivered to their house in as little as a few hours. Offshoot terminology like "click and mortars" and "bricks and clicks" has been created as a result of the hybrid business models' rising popularity.
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If LLC members have engaged in fraud or other bad conduct, a court may rely on ______ as the rationale to require members to compensate damaged parties.
In contrast with the traditional marketplace is the ________, which utilizes an Internet-enabled digital environment to provide the forum for marketing exchanges.
In contrast with the traditional marketplace is the market space, which utilizes an Internet-enabled digital environment to provide the forum for marketing exchanges.
Marketspace is an information and communications-based digital exchange environment. [ In the market, information and physical commodities are exchanged and traded through computers using network elements such as blogs, forums, and dedicated applications. Companies and customers engage in conversations about products and services, conversations outside the scope of a particular company (such as a physical store) when marketing campaigns or customer service issues get the consumer's attention. .. Later, the term Internet embraced the same concept.
Marketspace is information and communication-based digital exchange environment. In the market, information and physical goods are exchanged, and transactions are executed through computers using network elements such as blogs, forums, and dedicated applications.
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As soon as possible, you need to learn from Lori in Shipping and Receiving whether she and her colleagues can fulfill a large, time-sensitive customer order. If she cannot, you need her advice on where you can get it done.
This question is about the different types of communication and which is appropriate per situation.
Which type of communication is appropriate in the above scenario?The kind of communication that is appropriate in the above scenario is: Oral and written communication.
The communication must be done orally first because it is urgent.
It must then be followed up with written communication because is it sensitive.
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What is osn for detecting spammer account?
The osn is spam filter.
The spam filter helps to decrease the volume of spam email. Email filtering is the process of organizing emails based on predefined criteria. Mail filters are commonly used to organize incoming mail, remove spam emails, and remove computer viruses.
Online Social Networks (OSNs) are well recognized among internet users.
The OSN platform has two types of users: spammers and non-spammers.
Spammers submit undesired content or propagate falsehoods on OSN platforms with malevolent intent.
Such operations annoy ham users, known as Non-Spammers, and harm the reputation of OSN platforms
Therefore, the answer is spam filter.
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he annual inflation rate in February 2022 was close to 8%. If the average nominal interest rate at that point was nearly 0.3%, then real interest rate must be
The annual inflation rate in February 2022 was close to 8%. If the average nominal interest rate at that point was nearly 0.3%, then real interest rate must be the actual interest earned (or paid) will depend on the nominal interest rate and how much the inflation rate turned out to be.
What is the annual inflation rate?Annual inflation is the percentage change in the CPI from the same month the year before.
The real interest rate, as opposed to the nominal rate, accounts for inflation. Nominal rate = real interest rate + inflation rate, or nominal rate - inflation rate = real interest rate, is a rough approximation of the relationship between nominal and real interest rates.
In February 2022, the yearly inflation rate was around 8%. Since the average nominal interest rate at that time was almost 0.3 percent, the real interest rate must be determined by the nominal interest rate and the amount of inflation that actually occurred. According to The Economics Daily and the U.S. Bureau of Labor Statistics, consumer prices increased 8.6% over the prior year as of May 2022.
The nominal interest rate and the amount of inflation that really occurred will determine the actual interest earned (or paid).The possibility of negative nominal and real interest rates confounds some individuals. Real interest rates, as opposed to nominal interest rates, can be negative. When the inflation rate exceeds the nominal interest rate, real interest rates turn negative.Nominal interest rates are not allowed to be negative because if they were, banks would be paying you to borrow money! The nominal interest rate can only decrease to 0% 0% 0%, which is known as the "zero bound" on interest rates.Learn more about annual inflation rate here:
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Game theory can help us understand why Xerox did not successfully exploit the opportunity it had in IT. If Xerox commercializes PC technology and its rivals do not Xerox payoff is expected to be
If Xerox commercializes PC technology and its rivals do not Xerox payoff is expected to be $250m, whereas the competitors’ payoff is $75m.
What is game theory?This is the game strategy that involves two players where each of the players have to pick the most favorable choice based on the choice of the other person.
Here it would be best for Xerox to pick option B because this is where they would be able to get the most advantage.
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Complete questionGame theory can help us understand why Xerox did not successfully exploit the opportunity it had inIT. If both Xerox and competitors continue with old technology the payoff for XeroxSelect one:a.
is $150m, whereas the competitors’ payoff is $325m.
b. is $2
50m, whereas the competitors’ payoff is $75m.
c.
is $75m, whereas the competitors’ payoff is $250m.
d.
is $325m, whereas the competitors’ payoff is $150m.
Under what circumstances can a buyer representation agreement be terminated early in maryland?
If the buyer finds another buyer to replace them, a buyer representation agreement be terminated early. A buyer representation agreement is a legal document that spells out in detail how a real estate company or broker will interact with a house buyer.
A contract for buyer representation specifies the services to which the buyer is entitled and those which representative undertakes to provide. A buyer agency agreement's primary goal is to define or establish connection between buyer and representative by outlining expectations of all parties. A buyer representation agreement also protects against buyer replacing the representative without both parties' consent.
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In 1909, the fda seized some coca-cola syrup and filed charges against the company partly because:_______
In 1909, the FDA seized some coca- cola syrup and filed charges against the company partly because the syrup contained caffeine.
In the evening of Oct. 20, 1909, U.S. government agents had set up a stakeout at the Tennessee state line. They were waiting there and watching for a truck that was coming from the Coca-Cola plant in Atlanta. That truck was on its way to the bottling plant in Cha ttanooga. When the truck arrived agents intercepted the truck and seized its cargo which contained 40 barrels and 20 kegs of Coca-Cola syrup.
The seizure was made under Pure Food and Drug Act which was passed recently . After this the government charged the company with crime of marketing and selling a beverage which was injurious to health of people because it contained a harmful ingredient named as caffeine.
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In a limited liability partnership, each partner's risk of losing personal assets is Multiple Choice limited to losses that result from his/her own acts and omissions and the acts and omissions of those who work under his/her supervision. unlimited. determined entirely by the maximum loss provision established by the articles of co-partnership. nonexistent.
In a limited liability partnership, each partner's risk of losing personal assets is determined entirely by the maximum loss provision established by the articles of co-partnership
What is limited liability partnership?This involves business partnership with individual that pursue the same goal and objectives.
The debt or owing is limited an not allow to spread beyond the financial commitment by the partners.
Therefore,
In a limited liability partnership, each partner's risk of losing personal assets is determined entirely by the maximum loss provision established by the articles of co-partnership.
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Which price control would cause a shortage of 20 units of the good? a price floor of $6
The price control that would cause a shortage of 20 units of the good is price celling set at $6.
What is price celling ?A price ceiling, can as well be regarded as the price cap, which is the highest point at which goods and services can be sold.
This serves as the type of price control as well as the the maximum amount in the market, and in the case , that is described above , The price control that would cause a shortage of 20 units of the good is price celling set at $6.
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Which type of rope is used as a belay line when there is a possibility that a victim or firefighter may fall a long distance while supported by the rope?
Dynamic Kernmantle rope is a type of rope is used as a belay line when there is a possibility that a victim or firefighter may fall a long distance while supported by the rope.
A firefighter is a person whose job is to stop fires from burning or we can say who fights destructive fires. The definition of a firefighter is a person who works at a fire department, either as a volunteer or by profession, who fights fires and rescues people .
firefighter also helps with hazardous materials, road traffic incidents, medical emergencies, floods, and even rescues cats in trees. Firefighters will respond to many different calls for service. Those calls may include structural fires, technical rescues, medical emergencies, and hazardous material spills.
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Granting access to a user based upon how high up he is in an organization violates what basic security premise?
Granting access to a user based upon how high up he is in an organization violates "the principle of least privileges."
As the principle of least privileges states that a person should be given only those privileges that are needed or are necessary to perform a specific job or task and nothing more.
The principle of least privileges states that you assign users the minimum set of privileges which they require to do their jobs, according to their roles.
The principle of least privilege prevents the spread of malware on your network. An administrator or superuser with access to a lot of other network resources and infrastructure could potentially end up spreading malware to all those other systems which he gets access to.
Hence, if the organization grants access to a user based upon how high up he is then the organization violates the principle of least privileges.
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If net capital outflow is positive, then: a. exports must be positive. b. exports must be negative. c. the trade balance must be positive. d. the trade balance must be negative.
The correct answer is option c. the trade balance must be positive.
Net capital outflowThe net flow of money a country invests overseas over a specific time period is known as a net capital outflow (NCO) (usually a year). An increased amount of foreign investment relative to domestic investment is indicated by a positive NCO. NCO is one of two main metrics used to describe how a nation interacts with the rest of the world on a financial and economic level (the other being the balance of trade).
The net flow of money a country invests overseas over a specific time period is known as a net capital outflow (NCO) (usually a year). An increased amount of foreign investment relative to domestic investment is indicated by a positive NCO.
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Many firms have achieved success by integrating activities throughout the extended value chain by using _______ to link their own value chain with the value chains of their customers and suppliers.
Many firms have achieved success by integrating activities throughout the extended value chain by using information technology to link their own value chain with the value chains of their customers and suppliers.
What is information technology?Information Technology is the study systems which retains and sends information to recipients or users. Also, Information technology tends to focus on both the system hardware and the software.
An Information Technology refers to the collection of technology components that serves the needs of its users and the owner of the resulting system.
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The combination of product lines offered by a manufacturer is called the firm's:
Answer:
product mix
Explanation:
The combination of product lines offered by a manufacturer is called the firm's: product mix.