Among the given choices short-run aggregate supply shifts left would cause stagflation
An economic cycle known as stagflation is characterized by weak growth, a high unemployment rate, and inflation. This confluence is particularly challenging for economic officials to manage because trying to address one of the issues can make another worse. Stagflation, which economists formerly believed to be impossible, has repeatedly happened in the industrialized world since the oil crises of the 1970s.
Stagnation is characterized by high unemployment, a decline in gross domestic product (GDP), stagnant wages, and other characteristics. It occurs when economic growth has slowed down or stopped altogether.
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mr. tyler nall is president and ceo of a retail chain that is about to begin operations in numerous major cities across the united states. the stores will sell home furnishings that are considered moderately priced for the average-income buyer. during the last few months he has been working to lay out directions for the managers of the stores. mr. nall and his vice presidents have decided that each store should have sales equal to or greater than $100 per square foot, per day. when setting goals for the plan, what should mr. nall do after he evaluates available resources?
Mr. Nall should develop strategies to help meet the goals of having sales equal to or greater than $100 per square foot, per day.
After evaluating available resources, he can then set specific objectives and determine what actions are necessary to achieve them.
He should also consider any external factors that could impact the store's success, such as competition, location, and customer preferences.
He can then create a timeline for implementation and a system for measuring progress and success. Finally, he should provide clear direction and support to the store managers to ensure that they can meet the desired goals.
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what is an unresolved ethical issue that surrounds global trade
An unresolved ethical issue that surrounds global trade is the exploitation of labor, particularly in developing countries. This involves unfair wages, poor working conditions, and violation of human rights. Companies in developed countries often outsource production to take advantage of lower labor costs, leading to a global race to the bottom for workers' rights and environmental protections.
In some cases, workers in developing countries are paid wages that are below the poverty line and are forced to work in unsafe and unhealthy conditions. This can lead to violations of human rights and the exploitation of vulnerable workers who may have limited access to legal protections or labor rights.
Another issue related to global trade is the impact on the environment. The production and transportation of goods across the world can result in significant environmental damage, such as deforestation, pollution, and carbon emissions. This can have negative consequences for the planet and future generations.
Overall, global trade presents many ethical challenges that must be carefully considered and addressed in order to promote fair and sustainable economic development for all countries and their citizens.
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Help I’ll give good pts !!!
with this type of externality, in the absence of government intervention, the market equilibrium quantity produced will be than the socially optimal quantity.
The type of externality where market equilibrium quantity produced will be more than socially optimal quantity in absence of governemtn intervention is Negative externality.
Let understand that whenever a production of good or service negatively affect the unrelated third party who is not directly involved in a market transaction, it is said that negative externality exists in the scenario.
A very good example of commonly cited Negative Externalities are air pollution and noise pollution which was caused during production an affects unrelated third party.
If there is presence of government intervention in the production, then, the production of goods or service will be halted.
Therefore, in conclusion, this type of externality is called the Negative Externality.
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The US Supreme Court did what in Piscataway Board of Education v. Taxman, 521 U.S. 1117, 117 S.Ct. 2506 (1997)?
Answer:
The case was never heard in the United States Supreme Court.
Explanation:
The board of education of Piscataway High School, New Jersey desired to remove one teaching position from the Business Education department. A hindrance to this was the fact that the two teachers being considered had indefinite appointments, and were equal in seniority. According to the state law, tenured teachers can be relieved of their duties in reverse order of seniority. Either Sharon Taxman, a white teacher, or Debra Williams an African-American teacher were to be relieved of their positions.
Taxman was chosen because African-Americans were a minority. Taxman contested this in the court. The case was never heard at the U.S Supreme court because some civil rights group wanted the case to be settled out of court. The United States Court of Appeal ruled in favor of Taxman.
rent received Rs. 10,000/-
Answer:
Okay, but where is the question or it's free points?
Which of the following are key indicators that control of goods or services has been transferred to the customer? (Select all that apply.)
A) Customer has an obligation to pay
B) Customer has legal title to the asset
C) Customer accepted the risks and rewards of ownership
D) Customer signed a legally enforceable contract
The key indicators that control of goods or services has been transferred to the customer are Customer has an obligation to pay and Customer accepted the risks and rewards of ownership.The correct answer among the given options are A and C.
A) Customer has an obligation to pay: When a customer has an obligation to pay for the goods or services, it indicates that the control has been transferred to them.
This means that the customer is responsible for making the payment, which is a clear indication of their ownership and control over the goods or services.
C) Customer accepted the risks and rewards of ownership: If the customer has accepted the risks and rewards of ownership, it signifies that control has been transferred to them. This means that the customer bears the risks associated with the goods or services, such as loss or damage, and also enjoys the benefits or rewards that come with ownership, such as the right to use or sell the goods.
B) Customer has legal title to the asset: Although legal title to the asset can be an indicator of control transfer, it is not always necessary. Control can be transferred to the customer even if legal title remains with the seller.
For example, in cases of leasing or financing arrangements, the customer may not have legal title to the asset but still have control over its use.
D) Customer signed a legally enforceable contract: While a contract is important for establishing the terms and conditions of the transaction, the mere signing of a contract does not necessarily indicate that control has been transferred.
The transfer of control is determined by the actual performance of the obligations outlined in the contract.
In conclusion, the key indicators that control of goods or services has been transferred to the customer are A) Customer has an obligation to pay and C) Customer accepted the risks and rewards of ownership.
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How is Infrastructure related to the business and his Impact and Importance on it?
Infrastructure is the most crucial factor of a business organization, and much of a business' growth depends upon better infrastructure.
What is infrastructure?Infrastructure for a business can be understood as a set of facilities and services that are a requirement for the smooth functioning of a business organization.
If the infrastructure is poor, then there is a definite cap on the upper side of a business' growth. Similarly, a better infrastructure increases the opportunities for increase in the productivity of a business.
Hence, the significance of infrastructure is aforementioned.
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A student in public administration wants to determine the mean amount members of city councils earn. The error in estimating the mean is to be less than $100 with a 99% level of confidence. The student found a report by the department of labor that estimated the standard deviation to be $1000. What is the required sample size?
Answer:
663.58
Explanation:
From the problem:
E, the maximum allowable error, is $100
The value of z for a 99 percent confidence level is 2.576
Estimate of standard deviation is $1,000.
n = [(z x s)/ E] ^ 2
n = [(2.576 x 1000) / 100}^2
= 25.76^2
=663.58
write a cost function for the problem. assume that the relationship is linear. marginal cost, $50; 50 items cost $2900 to produce
To write a cost function for the problem, we can use the linear equation y = mx + b, where y represents the total cost, x represents the number of items produced, m represents the marginal cost, and b represents the fixed cost.
We know that the marginal cost is $50, so we can plug that into the equation as the value for m:
y = 50x + b
We also know that producing 50 items cost $2900, so we can use that information to solve for b:
2900 = 50(50) + b
2900 = 2500 + b
b = 400
Now we can plug in the value of b and simplify the equation:
y = 50x + 400
This is our cost function for the problem, assuming a linear relationship between the number of items produced and the total cost.
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The cost function for this problem can be written as C(x) = mx + b, where x is the number of items produced, m is the marginal cost per item, and b is the fixed cost. We know that the marginal cost is $50 per item and that 50 items cost $2900 to produce.
Using this information, we can solve for b as follows:
C(50) = (50)(50) + b = $2900
b = $2900 - $2500 = $400
Therefore, the cost function is C(x) = 50x + 400. This linear equation shows that for every item produced, the cost increases by $50 and there is a fixed cost of $400. We can use this cost function to determine the total cost of producing any number of items, as long as we know the marginal cost and fixed cost.
Hi! I'd be happy to help you with writing a cost function for this problem. To write a linear cost function, we need to include the marginal cost and fixed cost in the equation. The marginal cost is the additional cost incurred to produce one more unit of a product. In this problem, the marginal cost is $50 per item. The fixed cost is the cost that does not change with the production level, such as rent or machinery costs.
We know that 50 items cost $2900 to produce. To find the fixed cost, we can calculate the total variable cost (marginal cost * quantity) and subtract it from the total cost:
Total variable cost = Marginal cost * Quantity = $50 * 50 = $2500
Fixed cost = Total cost - Total variable cost = $2900 - $2500 = $400
Now that we have the marginal cost and fixed cost, we can write the linear cost function as:
Cost(x) = Marginal cost * Quantity + Fixed cost
Cost(x) = 50x + 400
In this equation, x represents the number of items produced, and Cost(x) represents the total cost to produce x items. This function will give you the total cost for producing any number of items based on the given information.
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1) Using the case to respond, assess three reasons why several international companies are recruiting (woo-ing) their executives from "Third Country Nationals" TCN’s
There are several reasons why international companies are recruiting Third Country Nationals (TCNs) for executive positions including cost-effectiveness, cultural knowledge and language proficiency
Cost effectiveness: Often, TCN's are willing to work for lower salaries than their counterparts in the home or host country. This can save the company a significant amount of money in terms of labor costs.Cultural knowledge: TCN's often have a deep understanding of the culture and customs of the host country, which can be invaluable for an international company. This can help the company navigate cultural differences and avoid potential pitfalls.Language proficiency: Many TCN's are multilingual, which can be a huge asset for an international company. Being able to communicate effectively with employees, customers, and other stakeholders in multiple languages is crucial for the success of a global business.Learn more about International companies:
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Which of the following best describes the role of households and firms in the circular flow model of the economy?
a. Firms provide households with factors of production in exchange for money; households provide firms with goods and services in exchange for money
b. Households provide firms with factors of production in exchange for goods and services
c. Households supply the factors of production to firms in exchange for money; firms supply goods and services to households in exchange for money
d. Firms and households exchange money with one another in the pursuit of higher incomes and profits
Households supply the factors of production to firms in exchange for money; firms supply goods and services to households in exchange for money - best describes the role of households and firms in the circular flow model of the economy. The correct answer would be option C.
The circular flow model illustrates how money circulates in an infinite cycle from suppliers to households and back again. Money goes back and forth in an economy as workers spend their income on goods and services, first going from manufacturers to workers as wages, and then back to producers. It is possible to make the model more intricate by including factors that increase the money supply, such as exports and imports. A country's gross domestic product (GDP) which is also known as its national income, is the outcome of adding up all of these variables.
Governments and central banks can modify monetary and fiscal policy to enhance an economy by analyzing the circular flow model and its present effect on GDP.
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Harlow's research illustrates that feeding is not the only, or even the most important, thing babies get from their mothers. The most important factor that Harlow found in the development of attachment was
Harlow's research illustrates that babies get more than just feeding from their mothers. The most important factor in the development of attachment, according to Harlow, is contact comfort. Contact comfort refers to the physical and emotional warmth that infants receive through close physical contact with their caregivers.
This contact comfort plays a crucial role in the formation of a secure attachment between the infant and the caregiver. Harlow's studies with rhesus monkeys demonstrated that the baby monkeys preferred the cloth surrogate mother over the wire surrogate mother that provided food.
This suggests that the need for comfort and emotional connection is more important than the need for food in the development of attachment. Contact comfort provides a sense of security and nurturance, which helps infants form strong and healthy emotional bonds with their caregivers.
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I have a new jewelry business but Don’t know what the price of the items should be?
10)
How might a mission statement help Donna with her new
business?
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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when ben & jerry’s ice cream tests all its proposed new flavors on its own employees at its corporate headquarters in vermont, it is partaking in
Answer:
lol I did it so I just won’t you get back lol bye bye lol lo but it’s 76
Explanation:
Can someone please fill out this chart for accounting 1. will give brainliest and 100 points
Answer:
Sadly, I cannot answer, bacuase you are not showing us what is supposed to be filled out, nor any choices to fil it out with. If you were to give us the questions typed out, I’d be happy to answer!
A(n) _____ is a measure, such as price or quantity, that can take on different values at different times.
Answer:
Variable
Explanation:
Given that, Variable is defined as a mathematical term that is often time used in business operation as well, to describe a form of value or cost that is not stable or permanent, which can change over a given period of time.
Hence, in this situation, the correct answer is " a VARIABLE is a measure, such as a price or quantity, that can take on different values at different times.
Is wanting to increase sales over the next year a good objective if (no/yes) write why
Answer:
Yes because some family's are not doing very good in money so they should be able to afford more items
But also no at the same time because if you have more sales more of your stuff will be out of stock.
Explanation:
Which of the following elements are included on the hierarchy of hazard control?
Select all that apply.
Implementing engineering controls
Eliminating hazards
Substituting hazards
Implementing administrative controls
Selecting and using PPE
The components that are included in the hierarchy of hazard control would be:
A). Implementing engineering controls
B). Eliminating hazards
C). Substituting hazards
D). Implementing administrative controls
E). Selecting and using PPE
The hierarchy of hazard control consists of five steps:
Elimination.Substitution.Engineering controls.Administrative controls.Personal Protective Equipment.As per the question, all the given components are included in the various levels of hazard control.
The elimination stage aims to remove all the potential hazards while substitution involves replacing the threats with a safer alternate. While engineering controls and PPE refer to the administration of protective layers for safeguarding the workers from any dangers. The administrative controls involve alteration in the process for work, training, supervision, etc. so that the dangers can be minimized.Learn more about 'Hierarchy of hazard control' here:
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In the early 1890s, the average employee in the united states worked about how many hours per week?.
In the early 1890s, the average employee in the United States worked approximately 100 hours per week.
Workers are part of the workforce. While the labor force is everyone who is involved or trying to be involved in productive activities that produce goods and services. Meanwhile, workers or working residents are people who work in any field for a salary or pay.
Based on the type of activity, workers can be divided into two types, including:
Spiritual Worker (Non-physical) Spiritual or non-physical workers are workers who in their work activities use more thought processes, ideas, ideas, and so on. For example, managers, secretaries, directors, and consultants.Physical Worker (Physical) Physical or physical workers are workers who in carrying out their work activities use physical or physical energy. For example, construction workers and public transport drivers.You can learn more about Workers here brainly.com/question/13715326
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a company sells used equipment with a book value of $100,000 for $250,000 cash. how would this transaction affect the company’s balance sheet?
The transaction would increase the company's cash by $250,000 and decrease the company's fixed assets (used equipment) by $100,000.
When the company sells the used equipment for $250,000 in cash, the cash account on the balance sheet increases by $250,000. At the same time, the fixed assets account, where the book value of the used equipment was recorded, decreases by $100,000.
This reflects the fact that the equipment is no longer owned by the company. The net effect is an increase in cash and a decrease in fixed assets on the balance sheet.
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
define finance education for class 8
Which of the following is a major reason why corporate ownership is popular in the United States? O A.The life of a corporation is limited by the death of the owner. O B. A corporation is usually managed by the owners. O C. Most corporations are small- or medium-sized OD. Stockholders have limited liability for the debts of the corporation.
The major reason why corporate ownership is popular in the United States is because stockholders have limited liability for the debts of the corporation, option D).
The major reason why corporate ownership is popular in the United States is because stockholders have limited liability for the debts of the corporation. This means that if the corporation incurs debts or faces legal action, the personal assets of the stockholders are not at risk. This provides a sense of security for individuals who invest in corporations, which encourages investment and promotes economic growth. Furthermore, corporations have perpetual existence, meaning that the corporation can continue to operate even if the original owners or shareholders die. This allows for stability and longevity in the business world, which can benefit both the corporation and its stakeholders. While it is true that some corporations may be managed by their owners, this is not a major reason why corporate ownership is popular in the United States. In fact, many corporations are managed by professional managers who are hired by the board of directors. Overall, the limited liability of stockholders for the debts of the corporation is the primary reason why corporate ownership is popular in the United States. This legal protection encourages investment and promotes economic growth by providing a secure environment for investors to put their money into corporations, therefore option D) is correct.
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Marginal Cost of Running Shoe Inserts This graph shows the marginal cost of producing each additional pair of running shoe inserts. Based on the graph, which pair of shoes has a marginal cost of $3. 00? Pair 2 Pair 4 Pair 6 Pair 7.
Based on the provided information, Pair 6 has a marginal cost of $3.00. We can observe that the marginal cost intersects the $3.00 mark at Pair 6.
In the graph illustrating the marginal cost of producing each additional pair of running shoe inserts, we can observe that the marginal cost intersects the $3.00 mark at Pair 6. This indicates that the cost of producing the sixth pair of shoe inserts is $3.00 more than the cost of producing the fifth pair.
The marginal cost represents the change in total cost when producing one additional unit. It provides valuable insights into the cost structure and efficiency of production. By analyzing the graph, we can determine the specific pair of shoes that incurs a marginal cost of $3.00.
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This graph shows the marginal cost of producing each additional pair of running shoe inserts.
Based on the graph, which pair of shoes has a marginal cost of $3.00?
Pair 2
Pair 4
Pair 6
Pair 7
attending college involves incurring many costs. select the example of a college cost that could be assigned to each of the following classifications.
Attending college involves a range of costs that can be assigned to different classifications. One example of a college cost that could be assigned to the category of direct costs is tuition fees.
These fees are paid directly to the college or university for the cost of instruction, facilities, and administrative services. Another example of a college cost that could be classified as an indirect cost is room and board. This refers to the cost of living on campus, including housing, meals, and other living expenses.
Additionally, books and supplies could be classified as an institutional cost since they are required for academic courses and are provided by the institution. Other college costs such as transportation, personal expenses, and student fees can also be classified based on their nature and purpose.
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Suppose a bakery can produce 300 cupcakes per day with 2 workers or 350 cupcakes per day with 3 workers, and the price of a cupcake is $2.
a. What is the marginal revenue product of the 3rd worker?
b. If the daily wage is $75, will the bakery hire the 3rd worker?
c. What would happen to the demand for bakery workers if the price of cupcakes increased to $3? Show on a graph.
a. The marginal revenue product of the 3rd worker can be calculated as the additional revenue generated by hiring the 3rd worker.
To find this, we can compare the total revenue generated by the bakery with 2 workers to the total revenue generated by the bakery with 3 workers.
With 2 workers, the bakery produces 300 cupcakes per day, which translates to a total revenue of 300 x $2 = $600.
With 3 workers, the bakery produces 350 cupcakes per day, which translates to a total revenue of 350 x $2 = $700.
Therefore, the marginal revenue product of the 3rd worker is $700 - $600 = $100.
b. To determine whether the bakery will hire the 3rd worker, we need to compare the marginal revenue product (MRP) of the worker to their wage.
If MRP is greater than the wage, then it is profitable for the bakery to hire the worker. If MRP is less than the wage, then it is not profitable to hire the worker.
From part a, we know that the MRP of the 3rd worker is $100.
If the daily wage is $75, then it is profitable for the bakery to hire the 3rd worker as their MRP is greater than their wage.
c. If the price of cupcakes increased to $3, the demand for bakery workers would likely increase as the bakery's revenue and profit margins would also increase. This can be shown on a graph with labor demand and supply curves.
Assuming that the current wage rate is $75 and the price of a cupcake increases to $3, the marginal revenue product of labor would increase, causing the labor demand curve to shift to the right. The new equilibrium wage rate would be higher, and the quantity of labor supplied would increase.
The graph would look like this:
Labor
Demand
/ \
Wage / \
/ \
/ \
/ \
/ \
/ \
/ \
Labor Supply
The initial equilibrium is where the labor demand and supply curves intersect at a wage rate of $75 and a quantity of labor of 3. If the price of a cupcake increases to $3, the marginal revenue product of labor would increase, causing the labor demand curve to shift to the right. The new equilibrium would occur at a higher wage rate and a higher quantity of labor.
Overall, the demand for bakery workers would increase due to the increase in the price of cupcakes.
This means that at any given wage rate, the bakery will now demand more workers than before. The new equilibrium wage rate and employment level will depend on the elasticity of labor demand and supply in the bakery industry.
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True or false: Studying business does NOT offerlany benefits for those who decide to work for a government agency or a nonprofit organization
The following question is : false
The given statement stating that "the study of business would not help in knowing about the advantages of Non-profit organizations or government agencies" would be considered:
b). False
'Non-profit Organizations' are characterized as the 'type of business organizations or set up that does not work with the aim of profit but for social welfare. Similarly, the sole motive of a government agency is also 'social welfare.' However, the workings of both the kinds of organizations(business and NPOs) are similar like the recruitment of staff or volunteers, ensuring productivity, putting the revenue back to the firm for progression of its operations, etc. Both of them have a goal of leaving the maximum impact on the people. Thus, the given statement is false as studying about business would give a very clear idea about the various processes of an organization.Learn more about 'Non-Profit Organization' here:
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who benefits form medicare taxes?
Answer: The Medicare tax rate is 1.45% of an employee's gross income. The Medicare tax, which is a charge on both employers and employees, is paid by both.