7) Choose the best answer.
John is an ice cream shop owner specializing in selling various kinds of soft-served ice cream. One day, John decides to poll several customers to see what kind of ice cream they prefer to eat and soon discovers that most would actually prefer hand-dipped ice cream. He decides to begin offering hand-dipped ice cream, realizing that he can charge more for it, and thus make more profit. This scenario is an example of what economic principle?

the law of economic gain

the law of supply

people respond to incentives

the law of demand

people respond to markets

As long as the advertisements are not overly intrusive, most users opt to play free versions of online games with ads over paid versions that do not have ads under digital marketing. This statement is true.

Playing a video game online via means of internet browser or data services on electronic devices while connected to the internet, typically with other individuals.

Online games can be played on a variety of platforms, including PCs, laptops, and mobile phones, as well as specialized gaming consoles like PlayStations and Nintendo Switches.

Now a days for a digital marketing concept, online gaming is the best platform to launch and advertise the quality of products, gather the attention of potential customers.

Thus if free versions have less interruption due to advertisements paid versions of games will not be opted more.

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The business enterprise has its digital digicam and drone meeting centers in e)Taiwan.

The required details about Taiwan is mentioned in below paragraph.

Taiwan is famous for generating some specific things. Most well-known of all are its electronics and their components. These Taiwanese merchandise aren't arbitrarily well-known – they make up a large part of Taiwan’s exports and that they run the gamut of the entirety electric, from flat screensto contact screens, microchips to optical drives, etc.No rely what logo or sort of laptop you’re analyzing this on, the probabilities are overwhelming that a few part, or most, of what’s interior of it was made in Taiwan. The island of Formosa is the world’s biggest unmarried laptop chip producer, and that they made high-quality breakthroughs in contact display era that has spurred the cellphone revolution.

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Answer:

what are the answers

Explanation:

to the question

Given the short-term positive economic profit, new businesses should enter the market over time, increasing the size of the market.

In a perfectly competitive market, businesses can only make or lose money in the short term. Because an infinite number of enterprises generate uniform, infinitely divisible things, profits and losses are ultimately eliminated.

Economic gains spur entry, economic losses cause exit, and in the long run, firms in a perfectly competitive industry will generate no economic gains.

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In the years leading up to the War of 1812, the U.S. economy had been on the upswing.

b. The federal government orders all banks to close.

The war with Britain, however, disrupted foreign trade. As one of the United States’ largest trading partners, Britain used its navy to blockade U.S. trade with other nations.

The war prevented U.S. farmers and manufacturers from exporting merchandise, blocked U.S. merchants and fisherman from sailing the high seas, and curtailed federal government revenues, which were derived mainly from tariffs on trade.

By 1815, the United States found itself heavily in debt, much like it had been at the end of the Revolutionary War thirty years earlier.

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A common stock account is a general ledger that records the par value of all common stock issued by a company. If these shares are sold for more than their par value, the excess amount will be posted separately to an additional deposit account.

At issuance, common stock is recorded at par and any amount received in excess of par is recorded in the account as equity in excess of par. If spent on assets or services instead of cash, recognition is based on the fair value of the shares given.

Equity refers to the assets remaining in the company after all liabilities have been settled. This figure is calculated by subtracting total liabilities from total assets. Alternatively, it can be calculated by subtracting treasury shares from the sum of share capital and retained earnings.

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Price of soap=3.5

Price of coffee=14

Income=70

Soap bought=0

Coffee bought=70/14=5

Coffee bought =0

Soap bought=70/3.5=20

coffee is a drink prepared from roasted coffee beans. Darkly colored, bitter, and slightly acidic, espresso has a stimulating impact on humans, in general, due to its caffeine content material. it is the most popular warm drink in the world. Seeds of the Coffea plant's culmination are separated to produce unroasted green coffee beans. The beans are roasted and then floor into exceptional particles that are typically steeped in warm water before being filtered out, producing a cup of espresso. it also includes served warm, although chilled or iced espresso is common.

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Chess in an example of a sequential move game because each player must wait his or her turn to move and each bases decisions on what the other player did previously.

In game theory, a sequential game refers to a game where one player chooses their action before the others choose theirs. Here, the other players do have an information on the first player's choice so that the difference in time has no strategic effect. A sequential games are governed by the time axis and represented in the form of decision trees and with perfect information, they can be analysed mathematically using combinatorial game theory.

A combinatorial games are also usually sequential games. Some games such as chess, infinite chess, backgammon, tic-tac-toe and Go are examples of a sequential games.

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Inaccurate forecasts can result in negative outcomes like Imbalances in supply and demand. Thus the correct option is C.

Any topic's outcome gives information about the subject, including the major point, which aids the reader in evaluating the topic's advantages and disadvantages and formulating a conclusion as a result.

The availability of the desired item on the market is referred to as supply. If the supply of the requested commodities is not met, there is scarcity, which is brought on by an imbalance between supply and demand as a result of poor forecasting.

Inaccurate forecasting might result in poor judgments that harm your business rather than support your development strategies.

Therefore, option C  is appropriate.

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True, Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to provide financing to companies of questionable financial strength.

Junk bonds have a higher default risk than the majority of corporate and governmental obligations.

A bond is a debt or promise that, in exchange for being purchased, would pay investors interest payments as well as the return of their principal investment.

Junk bonds are bonds issued by struggling businesses that run a significant risk of defaulting, failing to make interest payments, or failing to return investors' principle.

Therefore, Junk bonds are a type of high-risk, high-yield debt. They are frequently employed to fund leveraged acquisitions and mergers as well as to lend money to businesses with uncertain financial standing.

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Xerox sells  to different customers in different sales situations. In order to capture customer commitment, Xerox salespeople must determine what steps in the Selling process are appropriate.

The selling process starts with presale preparation, identification of prospects and making a sales presentation in which a salesperson tries to convince a customer that the specific product or service can satisfy his needs.

A salesperson tries to evaluate the brand and product positively in response to the current need of the customer and market.

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Answer:

Explanation:

Public Works Administration is considered among the most renowned and authoritative agency that is among the founding pillars of the New Deal.

Back in 2011, latin americans working in the united states sent an estimated 61 billion dollars to latin america. This is a true statement.

French ruler Napoleon III. He had a keen interest in expanding French commercial and political power in the region. He and his economic promoter Felix Berry called it "Latin America" ​​to emphasize the Latin American background shared by France with the former viceroyalty of Spain and the Portuguese colony. The United States has attracted people from all over the world, bringing their own cultures and integrating them with what they find in America. The British founded the United States and therefore have the greatest influence on American culture. Other Europeans such as Germans, Irish, Italians and Russians also had a great deal of influence.

Africans were introduced as slaves and brought their own culture, making him one of the oldest contributing cultures in the United States. There are also Native Americans we found when the English and Spanish arrived. There is also a lot of influence from Asians. One of the most noticeable impacts is on the approximately 60 million Latin Americans in the United States. In summary, the United States is a melting pot because so many cultures contribute to the nation's culture.

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The income statement can be defined as a company’s one of the most important financial statements that indicates profit and loss for an accounting yea

How did this occur?

Let us assume that the number of goods were 10000. For the variable costing concept, the unit cost of goods manufactured is calculated by dividing the total variable cost of goods manufactured ($827400) by the number of units (10,000), resulting in a unit cost of $82.74. For the absorption costing concept, the unit cost of goods manufactured is calculated by adding the total variable cost of goods manufactured ($827400) and the total fixed manufacturing costs ($378000) and then dividing the result by the number of units (10,000), resulting in a unit cost of $120.54.

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Answer: Negative net profit

Explanation:

A net loss occurs when the sum total of expenses exceeds the total income or revenue generated by a business, project, transaction, or investment.

Answer: Negative net profit

Explanation:

1. The Agile Team event supporting relentless improvement is A. Iteration Retrospective because it enables Agile Team members to discuss Iteration results, review practices, and identify improvements.

2. When a Product Manager works for an insurance company and is responsible for the internal systems for managing claims, it shows an example of B. Operational Value Stream.

3. 3. The function responsible for ensuring that the Agile Release Train has the content to engage successfully in Program Increment Planning is D. Product Management because they work with customers and Product Owners to understand, communicate and participate in solution validation.

4. The purpose of Iteration Goals is A. To align the team members and the Product Owner (PO) to the mission, ensuring agreement on the intended business value, team objectives, and shared purpose.

5. A Product Owner (PO) might adjust team events by A. identifying stories that are cleared for automatic delivery during Iteration Planning.

An Agile Team (a scrum team) consists of the product owner, the scrum master, and the development team members.

In forming an Agile Team, employees, contractors, or freelancers can be selected and made responsible and wholly dedicated to executing the Agile project without any obligations to other projects.

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Succession planning is the substitutions in the event that the primary person is not available to fulfill their assigned duties.

A person is a being that possesses certain abilities or attributes such as reason, morality, conscience or self-awareness, and is part of a culturally established form of social relationship. such as kinship, property ownership or liability.

The traits that define personality, and therefore what makes a person considered a human being, vary widely across cultures and contexts. In addition to the question of personality, of what makes an organism to be considered a person in the first place, there are other questions of identity and personal ego.

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The discount rate is used to discount the future cash flows of a stock must be the equity cost of capital for the stock.

The two basic formulas for calculating the discount rate are the weighted average cost of capital (WACC) and the adjusted present value (APV). The WACC discount formula is: WACC = E/V x Ce + D/V x Cd x, whereas the APV discount formula is: APV = NPV + PV of the impact of financing (1-T).

Either the cost of borrowing money or the anticipated rate of return for investors. If shareholders expect a return of 12%, the company will use that rate to calculate NPV. If the company pays 4% interest on its debt, it is permitted to use 4% as the discount rate.

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The future value, to the nearest whole dollar amount, of the following single quantities is 1. $38,435.37, 2. $67,091.09, 3. $126,985.63, 4.$94,037.04.

How can I determine future value? Using the formula long term value = current discounted x (1 + interest rate)n, you may determine future value using compound interest. Using the following formula, you may determine future value with simple interest: Future value is equal to the present value multiplied by one plus the interest rate throughout the time period.

Future value is the amount of invested money today that will increase in value over time at an interest rate. For instance, if you put $1,000 in a savings today and earn 2% annually, your money will be worth $1,020 after a year. Thus, it will be worth $1,020 in the future.

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If a company uses the direct write-off method of accounting for bad debts It will record bad debt expense only when an account is determined to be uncollectible.

The obligation to pay money or other agreed value to a third party, a creditor, is called a debt. Debt differs from an immediate purchase in that payments are deferred or in installments. A sovereign state or country, city government, company or individual may be liable for the debt.

Contractual provisions governing the amount and timing of principal and interest payments typically apply to commercial debt. Debt includes mortgages, bonds, notes, and loans. In contrast to equity, debt is a form of financial transaction in financial accounting. The phrase can also be used figuratively to refer to tasks of a moral nature and other relationships that do not require the exchange of money.

Hence the correct option is C.

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a. Product produced 38000 units

b. Direct materials requirements 334400 lbs.

The total cost of all raw materials (also known as productive materials, raw materials, raw stock, and stocks), as well as specialized parts and sub-assemblies, utilized in the manufacturing process is divided by the number of units produced to arrive at the direct materials cost (DM) per unit.

Given:

One unit of a product takes 8.0 pounds of direct materials to produce

Each quarter has closing inventory of direct materials enough to produce 25% of planned production.

Therefore if 76,000 pounds of material is the closing inventory of previous quarter, it is equal to produce 25% of planned production this quarter.

Units of product planned for production = (closing inventory of materials / 8 pounds per material) /25%

Implies, the product produced in Q1 is:

Product produced = (ending inventory of materials / 8 pounds) /25%

= (76,000/8) /25% = 38000

38,000 units were planned to be produced in Q1 of new year.

If the production increases by 10% in the 2nd quarter, the planned production for Q2 is:

planned production for Q2

= Produced produced + produced produced × 10%

= 38,000 + 38,000 × 10%

= 41800

The direct material to produce the above quantity is:

Direct material required for Q2

= planned production for Q2 × 8 pounds per unit

= 41800 × 8 = 334400

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The complete question is:

Ajax Manufacturing produces a single product, which takes 8.0 pounds of direct materials per unit produced. The company's policy is to maintain an end-of-quarter inventory of materials equal to 25 percent of the following quarter's material requirements for production. Assume that it is currently at the end of the first quarter of the new year, and there were 76,000 pounds of material on hand.

a. How many units of product were produced in the first quarter of the year?

b. Under the assumption that production will increase by 10 percent in the second quarter, what are the direct materials requirements (in pounds) for planned production in the second quarter?

a. Product produced     units

b. Direct materials requirements    lbs.

Remaining-Balance Method is a method of computing interest, with which, interest is calculated by multiplying the principal outstanding by the effective rate for the period in question. False

The difference between the future value of the initial loan amount (minor) and the future value of the annuity is represented by the remaining balance formula (diminutive). The value at time n if no payments were made is equal to the initial loan amount's future value.

The unpaid fraction of a loan, debt, or credit card balance is represented by the remaining balance. The loan's current outstanding balance is calculated using the remaining balance formula. For instance, this particular method can be applied to calculate the loan's total remaining balance. The value at a future time can be calculated using this formula in the present.

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An example of incidental damages you might be awarded if you are wrongfully terminated from your job is the costs of mailing resumes to prospective employers.

Incidental damages- Incidental damages are expenses incurred by the non-breaching party to avoid other direct and consequential losses resulting from the breach.

The following types of damages are possible:

1] Ordinary damages. 2] Special damages. 3] Vindictive or Exemplary damages. 4] Nominal damages. 5] Damages for Deterioration caused by Delay. 6] pre-fixed damages.

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Based on business analysis and the situation described above when Cardio pays Emitate not to sell v product, this is most likely c. a per se violation of the Sherman Act

Sherman Act is the United States Act on business regulations that prohibit the producers or sellers from having contracts, or agreements that unreasonably restrain interstate and foreign trade including a price-fixing agreement.

Generally, the Sherman Act forbids many things to protect the interest of American citizens whether producers or consumers.

In this case, it is believed that when Cardio pays Emitate not to sell v product, this is a per se violation of the Sherman Act.

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The FFR in a roundabout way influences even longer-term hobby rates. Investors desire a greater fee for a longer-term Treasury note. The yields on Treasury notes in a roundabout way force long-term traditional personal loan hobby rates.

This alternative is right because to decrease the federal fund's target rate, the Federal Reserve purchases authorities bonds which reduces the pastime rate, and extra cash in terms of the reserve is stored through the people of the nation.\

When the Fed will increase rates, the market costs of present bonds right now decline. That's due to the fact new bonds will soon be coming onto the market providing buyers greater pastime rate payments.

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Sales Tax Payable accounts is credited by the seller when tax is collected on retail sales. Hence option (b) is the answer.

The total amount of sales taxes a company has gathered from clients on behalf of a governing tax authority is maintained as sales taxes payable. The company is responsible for timely remitting these monies to the government as the custodian of those funds. Typically, sales tax and use tax are shown as current liabilities on the balance sheet.

Due to the fact that the tax is a proportion of overall sales, they are both paid directly to the government and are based on the number of goods or services sold. The sales tax collected from customers on behalf of the overseeing tax authority is recorded in the balance sheet as a liability account called Sales Tax Payable.

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q5 separating equilibria 4 points grading comment: consider a separating equilibrium in the signaling model where education is not productive. q5.11 point grading comment: the type l workers get the efficient amount of education. True

Monetary equilibrium is a condition or nation in which financial forces are balanced. In impact, financial variables stay unchanged from their equilibrium values in the absence of external influences. financial equilibrium is also known as market equilibrium.

Financial market equilibrium takes place whilst supply and calls for degrees align, creating ideal market conditions for shoppers and dealers. The kinds of economic equilibrium consist of microeconomic and macroeconomic. In microeconomics, supply and demand between shoppers and dealers are balanced.

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The rate of return that Fuzzy Button expects to earn on the project after its flotation costs are taken into account is 42.86%.

The rate of return is the net gain or loss (which is the total cash inflow minus the total cash outflow) of an investment over a stated period.

The rate of return is expressed as a percentage of the investment's initial cost.

To compute the rate of return, divide the net gain or loss by the initial investment and multiply the quotient by 100.

Initial investment = $600,000

Flotation cost = $30,000 ($600,000 x 5%)

Total costs = $630,000 ($600,000 + $30,000)

Estimated cash inflow = $900,000

Returns (net gain) = $270,000 ($900,000 - $630,000)

Rate of return = 42.86% ($270,000/$630,000 x 100)

Thus, Fuzzy Button's rate of return for this one-year investment is 42.86%.

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The broccoli market is perfectly competitive, this means that the price of broccoli is lower than the price would be if the market was monopolistically competitive, and broccoli output in the market is higher than if it was monopolistically competitive.

A monopolistic competition refers to a type of imperfect competition that exist when there are many producers competing against each other but selling products that are differentiated from one another and hence are not perfect substitutes

A restaurants, hair salons, household items, and clothing are examples of industries with monopolistic competition.

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The critical path for the network activities shown below is A-D-E with duration 13.

Generally, The sequence A-D-E with a length of 13 seconds is the crucial route for the network activity indicated below.

Critical path activities are those activities that, if they are not finished on time, will cause a delay in the completion of the whole project.

In this particular scenario, action A serves as a direct antecedent for both activity D and activity E, which is the very last activity.

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