The market structure where there are many buyers and sellers, no significant barriers to entry, and a differentiated product is a monopolistic competition.
What is a monopolistic competition?
A monopolistic competition is when there are many buyers and sellers of differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. A firm in a monopolistic industry sets the price for its goods and services.
An example of monopolistic competition are restaurants.
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A popular entrepreneurship method used to assess whether creative solutions actually address customer problems is called the
A popular entrepreneurship method that's used to assess whether creative solutions solve customer problems is known as the value proposition canvas.
The four factors of production.In Economics, there are four (4) main factors of production and these include the following:
LandCapital resourcesLaborEntrepreneurshipGenerally, the value proposition canvas is a famous entrepreneurship method that's used by entrepreneurs to assess whether creative solutions solve customer problems.
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A machine has a cost of $15,000, an estimated residual value of $3,000, and an estimated useful life of four years. The machine is being depreciated on a straight-line basis. At the end of the second year, what amount will be reported for accumulated depreciation?.
The amount reported for accumulated depreciation will be $6000.
What is accumulated depreciation ?
Accumulated depreciation is the entire amount of depreciation expenditure reported on a company's balance sheet for an asset. It is determined by adding the annual depreciation expenditure amounts.
Given:-
cost=$15,000
residual value=$3,000
estimated useful life=4 years
To find:- Amount of depreciation at the end of the second year.
Solution:
[tex]\frac{15,000-3,000}{4}=3000 per year\\3000\cdot2=6000\\[/tex]
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If the broker's 5% commission is $2,500, the total sales price of the property was A) $50,000. B) $7,500. C) $125,000. D) $12,500.
If the broker's 5% commission is $2,500, the total sales price of the property was A) $50,000.
What is a broker's commission?A broker's commission is the remuneration paid to a broker for her services.
Data and Calculations:Commission rate = 5%
Commission amount = $2,500
Total sales price = $50,000 ($2,500/5%)
Thus, if the broker's 5% commission is $2,500, the total sales price of the property was A) $50,000.
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What output quantity will the monopolistically competitive firm produce to maximize profits?
The output quantity which the monopolistically competitive firm produce to maximize profits is when, "the marginal cost equals the marginal revenue."
In the monopolistically competitive firm, a monopolist can determine its profit-maximizing price and quantity by analyzing the marginal revenue and marginal costs of producing an extra unit. If the marginal revenue exceeds the marginal cost, then the firm should produce the extra unit.
The profit-maximizing quantity is the one at which the marginal revenue of the last unit was exactly equal to the marginal cost. Thus, producing any more or less would decrease profits.
Hence, the monopolistically competitive firm produce output quantity when the marginal cost equals the marginal revenue.
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jones Corporation had a beginning inventory of 300 units which it bought for $5 each. Jones bought 500 more units at $4 each on February 1st and 200 units more for $6 each on February 5th. On February 8th Jones sold 150 units. What is Jones' cost of goods sold under the FIFO method
Calculation of cost of goods sold under FIFO method:
units Rate Total
Opening inventory 300 $5 $1500
Purchases 500 $4 $2000
Purchases 200 $6 $1200
Sales 150 $5 $750
The cost of goods sold is $750
What is FIFO?FIFO is also known as First In First Out method, it is used to calculate the movement of inventory, the first unit is sold first and on.
Therefore the units available in the beginning inventory is sold first and the units sold is only 150 units while the inventory is 300 units so all the units sold are calculated at a rate of $5.
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National Foodie Corporation purchases the Deluxe Dishwasher machine for $23,053.80. It has an estimated salvage value of $2,636 and a useful life of nine years. What is the annual depreciation
The annual depreciation comes out to be $2,268.64/year.
What is annual depreciation?The standard annual rate at which depreciation is applied to a fixed asset is known as annual depreciation.
If the straight-line approach is applied, this rate remains constant from year to year. If an accelerated method is utilized, annual depreciation will increase in the first few years before declining in the following years.
Depreciation formula:(Depreciation expense per year = (Cost of the asset - Salvage value) ÷ Useful life.
The given data is -
The cost of assets is given as $23,053.80.
The salvage value is given as $2,636.
Calculation for the depreciation-
Depreciation expense per year = ( $23,053.80cost - $2,636 Salvage) ÷ (9 Year life)
Depreciation expense per year = $2,268.64/year.
Therefore, annual depreciation is $2,268.64/year.
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True or false: A value chain system is defined as a company's own value chain combined with those of its suppliers but not those of its wholesale distributors, who deal with finished products.
It is false that a value chain system is defined as a company's own value chain combined with those of its suppliers but not those of its wholesale distributors, who deal with finished products.
What is value chain?A value chains contains actors and important stakeholders in a business value chin. This people cannot be excluded from a a business if success is wanted.
It include the wholesaler, retailer, transporter even to the consumer.
Therefore,
It is false that a value chain system is defined as a company's own value chain combined with those of its suppliers but not those of its wholesale distributors, who deal with finished products
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what are the differentiates between needs and wants
Characteristics of capital projects include: Group of answer choices Involves long-lived assets Usually requires long-range planning and extensive financing Usually has a year-to-year focus A
Characteristics of capital projects include (B) usually requires long-range planning and extensive financing.
What are capital projects?A Capital Project is one that serves to maintain or improve a City asset, also known as infrastructure. A project must meet ONE of the following requirements (criteria) to be included in the Capital Budget. It is a project that involves the construction, enlargement, renovation, or replacement of an existing building or facilities.Characteristics of capital projects:Long-lasting assets are involved (e.g, buildings, roads and bridges, etc.)A construction project is usually included.Long-term planning and extensive financing are usually required.Maintain a project-life emphasis rather than a year-to-year concentration.Therefore, characteristics of capital projects include (B) usually require long-range planning and extensive financing.
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Correct question:
Characteristics of capital projects include:
Group of answer choices -
(A) Involves long-lived assets.
(B) Usually requires long-range planning and extensive financing.
(C) Usually has a year-to-year focus.
Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to ______.
Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to make payment for goods or resources they buy and also have the ability to repay debt.
Why is company with high earning potential sought for?Companies with high earnings potential have the capability to manage their company.
Banks and other agencies look to working with them because they have a viable business tat brings in money from where they can also get their own share if they invest with them.
Therefore,
Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to make payment for goods or resources they buy and also have the ability to repay debt.
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Taxes on employee wages to fund Social Security apply to all earnings up to ________. Group of answer choices $63,700 $46,500 $117,000 $128,400
Taxes on employee wages to fund Social Security applies to all earnings up to $117,000.
In 2022, if you work, approximately 85 cents of Social Security taxes will go to a trust fund to provide monthly benefits to current retirees and their families, as well as spouses and children of deceased workers. be paid.
Employer will give Social Security a copy of her W-2 Income Statement when giving a copy of the income tax return. Keep track of your earnings with these employer reports
In addition to hospitalization and medical benefits, most employers offer group life insurance. Employees typically get lower rates on group plans. Group plans also typically accept all employees, including new hires and non-probationary employees, regardless of health or physical condition.
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What level of management is responsible for originating capital budgeting proposals?
It is the work of all level of management.
Companies use capital budgeting to analyze large projects and investments, such as new factories or equipment. The technique involves assessing a project's financial inflows and the outflows to see whether the expected return is within a certain range. Capital budgeting methodologies include discounted cash flow, payback, and throughput studies.
Accountants provide this information, giving ownership the first tool it requires to start preparing the capital budget. Accounting firms often provide predictions of future earnings and the costs of alternative financing solutions to help management make decisions.
Therefore, the answer is all level of management.
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Suppose the rivals of an oligopolistic firm match either a price increase or decrease. If this occurs, then the firm's demand curve will look ______.
Suppose the rivals of an oligopolistic firm match either a price increase or decrease. If this occurs, then the firm's demand curve will look straight.
An oligopoly refers to a marketplace shape that includes a small extensive variety of agencies, who collectively have a sizeable effect over a tremendous industry or marketplace. while the company holds a splendid deal of marketplace power, no person enterprise inside the group has sufficient sway to undermine the others or thieve market percentage.
Oligopoly traits include immoderate limitations to new get right of entry, charge-setting potential, the interdependence of corporations, maximized sales, product differentiation, and non-price competition.
As an alternative, they are oligopolies. Oligopoly arises while a small number of big companies have all or most of the sales in an agency. Examples of oligopoly abound and encompass the auto organization, cable tv, and business air excursion. Oligopolistic corporations are like cats in a bag.
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When the demand for a good or service limits the quantity that can be sold to an output at which the firm experiences economies of scale, true or false?.
When the demand for a good or service limits the quantity that can be sold to an output at which the firm experiences economies of scale, the firm is a natural monopoly.
What is economies of scale?This refers to those benefit an organization gains as a result of expansion of the production output.
Economies of scale are the cost advantages that companies obtain due to size output or scale of operation. The cost per unit of output generally decreases when the scale increases because fixed costs are spread out over more units of output.
Economies of scale apply to a variety of organizational and business situations and at various levels, such as a business or manufacturing unit, plant or an entire enterprise.
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Matthew decides to buy expensive designer jeans. Less expensive jeans are available, but the added cost of the designer brand is worth it to Matthew most likely because
Matthew decides to buy expensive designer jeans. Less expensive jeans are available, but the added cost of the designer brand is worth it to Matthew most likely because His preference is for designer labels, since the assertions made by the other manufacturers, which claim that designer trousers are less expensive, are illogical. This is further explained below.
What is the cost?Generally, payment is required before it can be obtained or completed.
In conclusion, Affluent designer jeans are Matthew's choice. There are cheaper jeans out there, but Matthew most certainly prefers designer labels since the arguments of the other manufacturers, who say that designer pants are less costly, are irrational.
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A customer, age 52, has a 20 year investment time horizon, s moderate risk tolerance, and is looking for investments that provide both incom and growth. The best recommendation would be
A 52-year-old customer is looking for investments that would generate income and growth over a 20-year investment horizon and with a moderate risk tolerance. The ideal suggestion would be the best option available is large-cap growth stocks. Large-capitalization equities provide both long-term growth potential and dividend payments, satisfying the needs of their customers.
Large-capitalization equities
The shares of companies with a market value of $10 billion or more are referred to as large cap stocks or big caps. As investors gravitate toward quality and stability and become more risk-averse during choppy markets, large-cap equities tend to be less volatile. With a market value of more than $10 billion, a corporation is considered large-cap. The market capitalization of a small-cap company is less than $2 billion, whereas that of a mid-cap corporation is from $2 billion to $10 billion.
Large-cap firms typically have stronger access to the capital markets as well as a broader market issuing experience. The highest trading liquidity is typically found in large-cap stocks.
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A local pet groomer is considering expanding his services to include cats and needs to decide whether to invest in the necessary equipment and supplies. What type of decision does this represent for the groomer
In 2014, if the gni per capita of india was $1,570 and its ppp per capita was $5,630, this means that the cost of living in india was lower than the cost of living in:_____.
a. China.
b. Great Britain.
c. Germany the United States.
d. the rest of the world.
Answer:
C. Germany the United States
ABC Lending requires mortgage borrowers to prepay 12 months of property taxes and insurance at closing. Where must these funds be held
ABC Lending requires mortgage borrowers to prepay 12 months of property taxes and insurance at closing. In Escrow account must these funds be held.
What is Escrow account ?When two parties to a financial transaction agree to hold valuables like money, property deeds, and personal financial papers in an escrow account until certain requirements are met, the account is maintained by an outside entity.
Escrow is a legal arrangement in which a third party accepts and disburses funds or property on behalf of the principal parties to a transaction, with the disbursement subject to terms established by those parties.
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Since 2010, the interest rate on passbook accounts and certificates of deposit has:______.
Since 2010, the interest rate on passbook accounts and certificates of deposit has been moderate. In exchange for keeping the money on deposit for a set amount of time, top-paying certificates of deposit (CDs) offer interest rates that are higher than those offered by the best savings and money market accounts. Compared to stocks and bonds, CDs offer a smaller potential for growth but a non-volatile, fixed rate of return.
CD are also a safer and more conservative investment. Almost all banks, credit unions, and brokerage companies provide a selection of CD choices. Shopping around offers major benefits because the best CD rates that are nationally available are often three to five times higher than the industry average for every term.
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Direct labor and indirect labor are recorded, respectively, to: Multiple Choice Work in Process Inventory and Factory Overhead. Cost of Goods Sold and Work in Process Inventory. Work in Process Inventory and Finished Goods Inventory. Cost of Goods Sold and Finished Goods Inventory. Finished Goods Inventory and Work in Process Inventory.
Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.
What is indirect labor?
Indirect labor are expenses incurred during manufacturing process which are not directly, some logistics cost can be here.
Direct labor are charged directly in production such as cost of resources. They are recorded in the company overall spending called overhead cost.
Therefore, Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.
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Enterprise social networks have changed communication channels within corporations in all of the following dramatic ways except ________.
Enterprise social networks have changed communication channels within corporations in all of the following dramatic ways except" the ability to create encrypted emails."
What is Enterprise social networks?Businesses utilise corporate social networks, which are internal social networks, to help their teams connect with one another across the organisation. Team messaging, project management, task management, and collaboration tools are typically combined into one platform.
The main benefits of using an enterprise social network are-
improved communication. storehouse of knowledge. coordinated centralization.a location for informal social communication.company culture that is inclusive. Distracting online activities. notices and messages received at unexpected times.The most common benefits of enterprise social networks are-
Communication on a business social network is frequently less formal, fixed, and conventional than via email. Information moves more naturally in this way. Barriers in the hierarchy are lowered. Like any other employee, executives are able to publish comments in the workflow and converse with everyone simultaneously.To know more about enterprise social network, here
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A business wants to evaluate their campaign, and specifically wants to look at how much they spent for a customer to take an action. This measurement would be
That measure would be ROI, or Return on Investment.
What is ROI?It is a metric that companies use to evaluate the performance of a stock in which financial resources have been invested. Its objective is to increase understanding of the initial investment and the results, establishing a comparison and an accurate analysis of the success of an investment.
Therefore, return on investment is used when companies want to understand the profitability of an investment made.
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Legislators who focus on local spending projects for their own district typically show a lack of sufficient concern for.
Legislators who focus on local spending projects for their own district typically show a lack of sufficient concern for spending in the interest of the nation as a whole.
Who are legislators?A legislator is defined by the federal tax code as a member or employee of a legislative body or a public servant who may take part in the creation of legislation.
Members of municipal, state, federal, and international legislative bodies are examples of legislators (e.g. City Council members, County Commissioners, members of the state and federal House of Representatives and Senate, and members of the British Parliament).Members of Congress staff.Other government workers who are involved in the creation of legislation (such as an executive branch or administrative officials or staff), but only when the main goal of your communications with them is to influence legislation.The general public while casting a ballot for a measure (e.g. bond measures, ballot initiatives, referenda, constitutional amendments).Learn more about legislation with the help of the given link:
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When employers give raises, they're using _______ power.
legitimate
reward
referent
absolute
Answer:
absolute powerrrrrrrrrr
When employers give raises, they're using reward power. Thus, option (b) is correct.
Being able to give others rewards or incentives gives one a form of power known as reward power. Employers might utilize incentives such as increases, bonuses, promotions, or other rewards to encourage workers at work.
Employers have the capacity to shape their employees' behaviour and motivate them to put in more effort or deliver better work by employing the power of rewards. Legitimate power, on the other hand, comes from a person's position or title within an organization. This form of power is distinct from that.
As a result, the significance of the employers give raises, they're using reward power are the aforementioned. Therefore, option (b) is correct.
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Firms that pursue an unrelated diversification strategy and are unable to create additional value tend to experience which of the following
Firms that pursue an unrelated diversification strategy and are unable to create additional value tend to experience a D)diversification discount.
Diverse companies change at a reduction relative to comparable single-section firms. We argue in this paper that this observed bargain isn't always in keeping with the evidence that diversification destroys fees. companies select to diversify. company characteristics that make firms diversify may additionally purpose them to be discounted.
We discover that there is a diversification bargain: The marketplace values of monetary conglomerates that interact in multiple sports, e.g., lending and non-lending financial services, are decreased than if those financial conglomerates were broken into economic intermediaries that specialize within the person's activities.
The diversification top class is the additional return that buyers can obtain with the aid of correctly diversifying their portfolios across a range of asset instructions. Powerful diversification calls for something substantially wiser than just shopping for a group of budget or ETFs, however, it's miles well really worth the effort.
Your question is incomplete. Please find below the complete question.
Firms that pursue an unrelated diversification strategy and are unable to create additional value tend to experience which of the following
A) product discount
B) financial controls
C) strategic controls
D) diversification discount
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Jason signed an exclusive agency agreement with blue mountain brokerage. what happens if jason sells the property himself?
Jason signed an exclusive agency agreement with blue mountain brokerage. If Jason sells the property himself, he isn't obligated to compensate Blue Mountain Brokerage.
Another kind of real estate listing agreement is an exclusive agency listing agreement.
By identifying himself as a selling agent, the homeowner grants the real estate agent under this kind of agreement the sole authority to sell the house.
However, a broker only receives a commission under an exclusive agency agreement if they refer buyers.
For better outcomes, the broker may collaborate with another broker and the buyer's agent under an exclusive agency listing agreement.
If the broker is unable to find buyers, the homeowner may sell the house on their own.
The homeowner is not compelled to give a commission to the broker. This less common agreement primarily benefits homeowners.
Hence, Jason is not obligated to compensate Blue Mountain Brokerage.
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1 Treating people within an organization fairly and taking actions that do not discriminate against people in protected classes on the basis of some illegal criterion is called _____.
Treating people within an organization fairly and taking actions that do not discriminate against people in protected classes on the basis of some illegal criterion is called equal employment opportunity
What is a Protected Class?You're likely to hear the terms "protected class" or "protected group" when dealing with situations that include anti-discrimination lawsuits. It's possible that many people are unaware of the specific meaning of this phrase, although it's a rather straightforward idea. A group of people who are eligible for specific special protection under a law or policy is referred to as a protected class.
What are Examples of Discrimination Against Protected Classes?a person who tries to marry someone of the same gender but is refused a marriage license.a registered voter experiencing unequal treatment from other voters at a polling location due to their ethnicity, race, or appearance.An employee over the age of 40 who is passed over for a promotion at work while being completely competent for the position; An employee who faces harassment and ridicule at work because of their gender. (With the #MeToo movement and other stories of sexual harassment in the workplace, this incident has lately gained media attention.)What is not Considered a Protected Class?Although discrimination can occur in all kinds of groupings, not all groups are legally recognized as protected classes. Unfortunately, federal or state anti-discrimination laws may not provide protection for someone who does not belong to a protected class.
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Marquis Company estimates that annual manufacturing overhead costs will be $894,600. Estimated annual operating activity bases are direct labor cost $497,000, direct labor hours 49,700, and machine hours 99,400. Compute the predetermined overhead rate for each activity base.
Overhead rate per direct labor cost: 180%
Overhead rate per direct labor hour: 18
Overhead rate per machine hour: 9
Procedure:
Overhead rate per direct labor cost
= 894600 ÷ 497000
= 1.8
= 1.8 × 100
= 180%
Overhead rate per direct labor hour
= 894600 ÷ 49700
= 18
Overhead rate per machine hour
= 894600 ÷ 99400
= 9
Divide each operating activity cost by manufacturing overhead cost
What is overhead rate?
The overhead rate is a cost that is incurred during the manufacturing of a product or service. Overhead costs are expenses that are not directly related to production, such as corporate office costs. An overhead rate is applied to the direct costs associated with production to allocate overhead costs by spreading or allocating overhead costs based on specific measures.
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Investments by wealthy individuals and endowments is a major source of money for each of the following EXCEPT:
Investments by wealthy individuals and endowments is a major source of money for each of the following EXCEPT: Mutual Funds .
What is Mutual Funds ?
A mutual fund is nothing but the system of Money management which is introduced by professionally investing money which is pick up form the public.
Mutual Fund are basically of two types such as:
Close-ended Fund: This fund has a specific period of maturity which generally ranging from three to fifteen years.Open-ended Fund: An open-ended fund is one that available for subscription through all year.A mutual fund business is to investment of the funds afterward, accumulate according to the investor's demand who created the pool.
Therefore, we can conclude that the correct option is D,
Your question is incomplete, but most probably your full question was:
Investments by wealthy individuals and endowments is a major source of money for each of the following EXCEPT ________.
A) private equity funds
B) hedge funds
C) venture capital funds
D) mutual funds
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