The factors of production and the resulting outputs of the production process. This statement is false according to the firm's total cost functions.
Production is the process of mixing several inputs, both tangible and intangible, to produce a final product. This output should ideally be a product or service that is useful and increases people's utility. Production theory, a branch of economics that concentrates on production, is linked conceptually to consumption theory. Utilizing the original inputs productively leads directly to the production process and results. The three major production components are land, labour, and capital, also referred to as primary producer commodities or services. A production process, which includes all economic activities that strive to directly or indirectly satiate human wants and needs, creates economic well-being.
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How does a bank enforce the requirement of safeguarding your money?
The use of Mobile banking and electronic means of sending money is a requirement for safeguarding your money.
How does bank help to safeguarding your money?Individual keep or safe money in the bank to avoid the risk of the money been stolen or loss due to improper way for handling.
Online transactions is one of the safeguard method's used by banks and electronic funds transfer (EFT).
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________ refers to continually adjusting prices to reflect changes in supply and demand.
Dynamic pricing
Explanation:
found it on quizlet
A Manager Should Always Reject A Special Order If o A. The special order price is less than the variable costs of the order. o B. The special order price is less than the regular sales price. o C. There is available excess capacity. o D. The special order will require variable nonmanufacturing expenses.
A Manager Should Always Reject A Special Order if A. The special order price is less than the variable costs of the order.
How do you decide whether to approve a special order?
Management must take into account a number of considerations before determining whether to accept a particular order:
1. the quantity needed to complete the particular order.
2. Whether the buyer's proposed price will cover the cost of production.
3. the analysis's use of fixed costs.
4. Qualitative elements
Management should only approve a special order if the added revenue surpasses all product costs when analysing the request. Management must take into account a number of criteria before deciding whether to accept a particular order, including the capacity needed to complete the request. Whether the buyer's proposed price will cover the cost of production. the analysis's use of fixed costs.
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marie decided to purchase an electronic toothbrush priced at $100 because of a special offer from the manufacturer. by sending proof of purchase and the receipt to the manufacturer, she could receive a $40 check in return, making the final price $60. this pricing tactic is known as a
marie decided to purchase an electronic toothbrush priced at $100 because of a special offer from the manufacturer. by sending proof of purchase and the receipt to the manufacturer, she could receive a $40 check in return, making the final price $60. This pricing tactic is known as a Rebate.
A rebate is a special kind of purchasing discount that refers to a sum that is retroactively reduced, returned, or refunded. Marketers typically employ this kind of sales promotion as incentives or add-ons to product sales.
The most typical is the mail-in rebate (MIR). Depending on the specific product, the time, and frequently the location of the purchase, a MIR permits the buyer to mail in a coupon, receipt, and barcode in order to get a check for a specific amount. Either the retailer or the goods maker provides rebates.
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T/F. point of purchase (p-o-p) promotion can aid manufacturers by attracting consumers, and by securing relationships within trade and business markets.
True. Point of Purchase (P-O-P) promotion can indeed aid manufacturers by attracting consumers and securing relationships within trade and business markets. Point of Purchase promotion refers to marketing activities and strategies aimed at influencing consumer behavior at the location where the purchase decision is made, such as in retail stores or business-to-business environments.
It involves various promotional techniques, including displays, signage, packaging, demonstrations, and promotional offers, strategically placed at the point of sale to capture consumers' attention and encourage purchasing decisions. P-O-P promotion can be effective in attracting consumers by creating visually appealing displays, showcasing product features, offering discounts or incentives, and creating a memorable shopping experience. It can help differentiate products from competitors, increase brand awareness, and influence impulse purchases. In addition to attracting consumers, P-O-P promotion can also benefit manufacturers by strengthening relationships within trade and business markets. By providing effective P-O-P materials and support to retailers, manufacturers can enhance their relationships with distribution channels, secure better shelf space, and gain preferential treatment, leading to increased product visibility and sales.
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Discuss any four ways in which Specialization has
improved the economic development of Nigeria
Answer:
Specialization has helped in these four ways:
1. Has created economics of scale in Nigeria, which improve economic efficiency and increase output while reducing average costs at the same time.
2. Has improved the agricultural sector, which continues to be very important for the Nigerian economy.
3. Has helped bring the electrification of the country.
4. Has helped raise the standard of living in the country, because in general terms, the larger the economy, the higher the standard of living.
If you were running an advertising campaign for designer men's suits, you should target families with Multiple Choice higher incomes. poor taste in clothing. lower incomes. similar tastes and preferences.
Higher incomes
You should target families with higher incomes.
How do you determine the target market and target audience?Companies segment the market to determine the target audience, then create marketing plans for each group of customers to tailor the offerings to their needs. Based on research into market sectors with the most potential for the business, the target market is selected. A company could concentrate on multiple demands and choose a primary and secondary objective. In this instance, the business concentrates on targeting families with higher incomes and allocates the majority of its resources to them.
Your target market seems to be a very difficult thing to define. But if you divide the procedure into several parts, you may quickly identify the appropriate market niche.
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If Smolinski, Incorporated, were an all-equity company, it would have a beta of 1.05. The company has a target debt-equity ratio of .40. The expected return on the market portfolio is 11 percent and Treasury bills currently yield 3.5 percent. The company has one bond issue outstanding that matures in 13 years, has a coupon rate of 5.6 percent, and makes semiannual payments. The bond currently sells for $1,060. The corporate tax rate is 21 percent.
a. What is the company’s cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b. What is the company’s cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. What is the company’s weighted average cost of capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The company’s weighted average cost of capital is 8.09%. The formula to calculate the cost of debt is:\($$r_d=r_f+DRP+LP$$\)
Where,
\($$r_f= 3.5\%$$\) is the current risk-free rate,$$
DRP=5.6\(\%−3.5\%=2.1\%$$\)is the default risk premium for a company with a bond rating of B, and$$
LP=0\%$$ because Smolinski, Incorporated doesn't have any liquidity risk.
To find out the cost of debt, plug in the values:
\($$r_d=3.5\%+2.1\%=5.6\%$$\)
So, the company's cost of debt is 5.6%.
b) The formula to calculate the cost of equity is:
$$r_e=r_f+β(r_m−r_f)$$
Where,\($$r_f= 3.5\%$$\) is the current risk-free rate,\($$\beta=1.05$$\) is the beta of the company,\($$r_m=11\%$$\) is the expected return on the market portfolio.
To find out the cost of equity, plug in the values:
\($$r_e=3.5\%+1.05(11\%-3.5\%)=10.43\%$$\)
So, the company's cost of equity is 10.43%. Where,E= Equity D= Debt
\(V= Total Value= E+D$$$$r_e= Cost of Equity$$ $$r_d= Cost of Debt$$$$T_c= Tax Rate=21\%$$\)
Therefore, the company’s weighted average cost of capital is 8.09%.
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April has joined a team with members from the sales, customer service, and
shipping and receiving departments. Which term best describes the team
April joined?
O A. Cross-functional team
B. Problem-solving team
O C. Self-managing team
D. Work team
Answer:cross-functional team
Explanation:
Suppose that a car dealership wishes to see if efficiency wages will help improve its salespeople’s productivity. Currently, each salesperson sells an average of one car per day while being paid $20 per hour for an 8-hour day.
Efficiency wages may improve salespeople's productivity.
Efficiency wages are wages that are above the market rate, which can motivate workers to work harder and be more productive. In the context of the car dealership, if the dealership were to pay their salespeople more than $20 per hour, it could incentivize them to sell more cars and improve their productivity.
However, it is important to consider the costs of implementing efficiency wages, such as the increased labor costs and the potential for turnover among salespeople who may feel that they are being paid unfairly compared to their colleagues.
Therefore, the car dealership would need to carefully evaluate the potential benefits and costs of implementing efficiency wages before deciding whether or not to do so.
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Do many companies like it when you look like a fool?
A. No. All companies just want to help us.
B. Definitely! The job of many companies is to make money, not to do what is right for you... If you look like a fool, they make more money.
C. No. The government protects you against companies when they try to make you look like a fool.
D. Yes. All companies try to make you look like a fool.
Answer:
A
Explanation:
I dunno what to say lol-
No. The government protects you against companies when they try to make you look like a fool. Therefore option C is correct.
What is A Company?A company is a legal body created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate legislation of its jurisdiction, a business may be set up in a variety of ways for tax and financial liability purposes.
When a corporation registers with the government and under the provisions of the companies act, it can begin conducting business. A memorandum of association, board of directors, share prices, shareholders, name, office, phone number, address, and other legal documents are required as part of the protracted registration process for a corporation.
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When using the PACED decision making model you should choose the alternative with the highest .........
Answer:
net value
Explanation:
When using the PACED decision making model you should choose the alternative with the highest net value.
What is PACED?PACED decision making model can be defined as the model that is use during decision making process and it help to resolve issues or Problem.
PACED stands for the following:
P=Problem
A=Alternatives
C=Criteria
E=Evaluate
D=Decide
Therefore when using the PACED decision making model you should choose the alternative with the highest net value.
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If a customer makes a partial payment of $100 on a service for which you have already billed him, you would record this transaction into the accounting equation by:____.
If a customer makes a partial payment of $100 on a service for which you have already billed him, you would record this transaction by increasing cash and decreasing accounts receivable.
The accounting equation is a fundamental accounting concept and a crucial part of the balance sheet. The calculation looks like this:
Assets = Liabilities + Shareholder’s Equity
This equation highlights the balance sheet's structure and lays the groundwork for double-entry accounting, also referred to as double-entry bookkeeping. In a double-entry accounting system, every transaction affects at least two accounts.
The balance sheet's foundation is the accounting equation. The statement of financial position and balance sheet are both financial statements. Assets, Liabilities, and Shareholder's Equity are the three main sections of the balance sheet, along with their various underlying components.
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Carolyn bates is a junior in college studying economics. She has created a new software application that applies the four principles of economic decision making to any potential decision that a user faces. She is considering leaving school after this academic year to pursue further development of her app. Carolyn should consider all of the following costs when calculating the opportunity costs of leaving college except the.
Carolyn should consider all of the following costs when calculating the opportunity costs of leaving college except the skills she may gain from her final year of economics courses.
The next best option you have to forgo in order to obtain something is its true cost. Instead of only considering the direct costs, your choices should take this opportunity cost into account.
Opportunity cost is the advantage that was lost because a particular option was not selected.
It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs.
Opportunity costs have a value that can help people and businesses make more lucrative decisions.
Opportunity cost is a wholly internal expense that is only utilised for strategic consideration; it is not included in accounting profit and is not reported externally.
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A point outside the production possibilities curve is:A. unattainable without economic growth.B. attainable and the economy is efficient.C. unattainable without inflation.D. attainable, but the economy is inefficient.
Point outside the production possibilities curve is unattainable without economic growth. Here option A is the correct answer.
A point outside the production possibilities curve represents a combination of goods and services that cannot be attained with the given resources and technology. This means that the economy is not currently capable of producing that level of output.
An attainable point on the production possibilities curve represents a combination of goods and services that can be produced using available resources and technology, and the economy is efficient. Thus, option B is incorrect.
Inflation refers to an increase in the general level of prices in an economy. Therefore, option C is incorrect as it suggests that a point outside the production possibilities curve can only be reached with inflation.
An attainable point outside the production possibilities curve would imply that the economy has idle resources, meaning that it is not using its resources in the most efficient manner. Therefore, option D is incorrect.
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how to convert ration 13:25 into fraction,decimal and percentage pleas help and with full solving and explanation
Answer:
13/250.5252%Explanation:
13:25 is just a fraction (13/25)
13:25= 0.52 (decimal)
So when you divide 13 by 25, you get 0.52. To make that into a percentage, you just multiply it by 100 (move the decimal over 2 places to the left). That gives you 52%
Sue is considering splitting the cost of a new TV with her roommate. Her share would be $305.22. Can Sue afford this
Yes, she can make the purchase and have money left over.
Why is it called Chick-Fil-A when a Fil-A (filet) is normally cooked with beef???
The ge financial management program is designed to help potential employees develop leadership and analytical skills by cycling them through short-term, key assignments in financial planning, accounting, operations analysis, auditing, forecasting, cash management, and commercial finance. What type of work challenge stressor does this demonstrate?.
Work complexity type of work challenge .
What causes complexity?Complexity can come from both inside the system and outside of it. Modern hardware, such as super-scalar CPUs, is an example of an internal source, and the requirements for modifying previously successful systems are an example of an external source.
Why is complexity important in business?Complexity problems that corporate leaders must address the fact that complexity stifles innovation, which is essential for organizations looking to develop new products and revenue sources, is particularly problematic. Collaboration and the ability of firms to communicate knowledge across teams are killed by complexity.
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what do you mean by teaching profession? write with example.
Answer:
Teaching is the specialized application of knowledge, skills and attributes designed to provide unique service to meet the educational needs of the individual and of society. The choice of learning activities whereby the goals of education are realized in the school is the responsibility of the teaching profession.
Answer:
Teaching is the specialized application of knowledge, skills and attributes designed to provide unique service to meet the educational needs of the individual and of society. The choice of learning activities whereby the goals of education are realized in the school is the responsibility of the teaching profession.
Explanation:
Which parts of the care plan do you recommend to be reviewed and revised? Guidance: List specific parts of the care plan that outlines task that are outside the scope of your knowledge, skills or j"
I recommend reviewing and revising the parts of the care plan that include tasks outside the scope of my knowledge, skills, or jurisdiction.
It is important to ensure that the care plan aligns with the expertise and capabilities of the relevant healthcare professionals.
As an AI language model, I don't have access to personal information or specific care plans. However, I can provide general guidance on reviewing and revising care plans. It is crucial to assess the care plan for any tasks that require specialized training, qualifications, or medical expertise beyond what I can provide. In such cases, it is advisable to involve healthcare professionals who are appropriately trained and licensed to handle those specific tasks. Collaborating with healthcare providers ensures that the care plan is accurate, safe, and aligned with the professional standards and regulations governing healthcare practices.When reviewing and revising a care plan, it is essential to consider the following aspects:
1. Task-specific expertise: Identify tasks within the care plan that require specialized knowledge, skills, or certifications beyond what an AI language model can provide. These tasks may include complex medical procedures, administering certain medications, or conducting specific diagnostic tests.
2. Legal and regulatory considerations: Ensure that the care plan adheres to the relevant laws, regulations, and guidelines governing healthcare practices in your jurisdiction. This includes understanding the scope of practice for different healthcare professionals and ensuring that tasks are assigned to the appropriate individuals.
3. Interdisciplinary collaboration: Involve a multidisciplinary team of healthcare professionals in the review and revision process. Each team member can provide input based on their specific expertise and ensure that the care plan is comprehensive and well-rounded.
4. Patient-specific factors: Consider the unique characteristics and needs of the individual patient when reviewing the care plan. Factors such as medical history, allergies, and personal preferences should be taken into account to tailor the care plan accordingly.
5. Continuous evaluation: Regularly assess the effectiveness of the care plan and make necessary revisions based on feedback, patient outcomes, and new evidence-based practices. Care plans should be dynamic and adaptable to changes in the patient's condition and evolving medical knowledge.
By carefully reviewing and revising the care plan, you can ensure that it is accurate, safe, and tailored to the specific needs of the patient while involving the appropriate healthcare professionals for tasks outside the scope of an AI language model.
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In the decision-making process, which one of the following actions comes directly after the act of generating alternative solutions?
In the decision-making process, the actions that come directly after the act of generating alternative solutions is determining the respective suitability of each alternative
This is further explained below.
What is the decision-making process?Generally, The act of determining a course of action after recognizing a problem, collecting relevant data, and weighing the pros and cons of potential solutions is referred to as decision making.
You will be able to make choices that are more careful and thoughtful if you use a step-by-step decision-making process since it will help you organize important information and define alternatives.
In conclusion, During the process of making a choice, the activities that follow immediately after the act of producing alternative solutions are the actions that occur directly after that act of judging the relative acceptability of each option.
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Ibarra Corporation uses the first-in, first-out method in its process costing system. The first processing department, the Forming Department, started the month with 17,400 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $33,250. An additional 111,000 units were started into production during the month and 114,000 units were completed and transferred to the next processing department. There were 14,400 units in the ending work in process inventory of the Forming Department that were 30% complete with respect to conversion costs. A total of $607,123 in conversion costs were incurred in the department during the month. The cost per equivalent unit for conversion costs for the month is closest to:
Answer:
$5.29 per unit
Explanation:
The computation of the cost per equivalent unit for conversion costs is shown below:
= Total conversion cost ÷ equivalent units
where
Total conversion cost is $607,123
And, the equivalent units is
= 17,400 × (100 - 0.20) + (114,000 units - 17,400 units) × 100% + 14,400 units × 0.30
= 13,920 units + 96,600 units + 4,320 units
= 114,840 units
Now the cost per equivalent unit is
= $607,123 ÷ 114,840 units
= $5.29 per unit
Helppp please
The fact that a country has less strict labor laws and relaxed environmental regulations are strong reasons for a
company to move production facilities to that country.
True
False
Answer:true
Explanation: I just took the test
What models the interactions between key players in the economy
Charity Run Project: BA421W Co., has decided to sponsor a community service effort aimed at aiding homeless people in your local community. As a part of this broader initiative, a fund-raising team has been chartered to stage a half marathon (~13.1 miles) run to raise funds to support a local shelter for homeless people. Objective(s): To raise $25,000 for the shelter and to enhance the company's public image.
What are all of the things we need to do to complete the charity run successfully?
Assuming that promotion would be one of the tasks on your list; create a WBS for it. You may use any WBS Design Format to illustrate your answer.
To complete the charity run successfully, there are several things that need to be done. These includes Planning and organizing the event.
1. Planning and organizing the event: This includes setting the date, determining the route, and coordinating with local authorities for permits and security.
2. Promotion: This involves advertising the event to potential participants and sponsors, as well as creating marketing materials such as flyers and social media posts.
3. Registration: This includes setting up a system for participants to sign up and pay registration fees.
4. Logistics: This includes arranging for water stations, medical support, and other necessary supplies for the event.
5. Fundraising: This involves soliciting donations from sponsors and participants, as well as organizing additional fundraising activities such as a silent auction.
6. Post-event tasks: This includes tallying the funds raised, thanking sponsors and participants, and evaluating the success of the event.
For the promotion task, a WBS (Work Breakdown Structure) could be created using the following format:
1.0 Promotion
1.1 Advertising
1.1.1 Create flyers
1.1.2 Create social media posts
1.1.3 Place ads in local newspapers
1.2 Marketing materials
1.2.1 Design event t-shirts
1.2.2 Create event banners
1.3 Public relations
1.3.1 Coordinate with local media outlets
1.3.2 Organize press conference
1.4 Sponsorship
1.4.1 Identify potential sponsors
1.4.2 Solicit donations from sponsors
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3. Cash Short and Over is classified as a(n) (A) asset. (B) liability. (C) expense.
(D) equity.
Answer:
(C) expense
Explanation:
Cash over and short are treated as business expenses. They are recorded in the cash and over the account. It means businesses have cash and over an account in the General ledger.
Since the cash over and short account is an expenses account, cash over is debited, while a short is credited.
his lesson starts on time (change into negative)
Answer:
His lesson started late
Explanation:
deal randomized controlled experiments in economics are: often used by the federal reserve to study the effects of monetary policy. sometimes used by universities to determine who graduates in four years rather than five. useful because they give a definition of a causal effect. often performed in practice.
Randomized controlled experiments in economics are useful because they give a definition of a causal effect. They are sometimes used by universities to study various outcomes, including graduation rates, but are not often used by the Federal Reserve for studying monetary policy.
Controlled experiments in economics are useful because they provide a definition of a causal effect. The correct option is: c. useful because they give a definition of a causal effect. Explanation: Randomized controlled experiments are considered the gold standard in measuring the impact of a policy, program, or intervention. By randomly assigning subjects to different groups, researchers can ensure that any observed differences between the groups are due to the treatment or intervention, rather than other factors. The federal reserve doesn't use this, although universities may use this in determining who graduates in four years rather than five. Since randomized controlled experiments can provide a definition of a causal effect, it can be concluded that they are beneficial.
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Jacob works part-time as a cashier at a drug store. His gross pay for the year
was $8,000. Based on his income level, the federal tax rate he'll need to pay is
10%. For his state taxes, Jacob will need to pay 5% and the FICA rate is
7.65%. What is Jacob's net pay for the year?
A. $1,812
B. $7,200
C. $6,188
D. $6,988
Answer:
Option C
Explanation:
Gross Salary of Jacob = $ 8000
Federal tax paid by him = 10% of $8000 = $800
State tax = 5% of $8000 = $400
FICA rate = 7.65% of $8000 = $612
Net Pay of Jacob = $ 8000 - $800 -$400-$612
= $6188
Hence, option C is correct