a false statement about a person’s business can give rise to liability for defamation.
a. true
b. false

Answers

Answer 1

A false statement about a person’s business can give rise to liability for defamation. This is true.

Which of the following does not provide an absolute defense against defamation charges?

A letter of recommendation writers has some protection from being falsely accused. A limited privilege exists for whistleblowers against libel.

Which of the following actions would fall under the strict responsibility doctrine?

Product liability, unusually risky activities (like blasting), cattle trespassing onto another person's property, and ownership of wild animals are some noteworthy examples of strict liability in the area of torts.

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Related Questions

assume you purchased a $1000 convertible corporate bond. also assume the bond can be converted to 18.5 shares of the firm's stock. what is the dollar value the stock must reach before investors would consider converting to a common stock.

Answers

Dollar Value of the Stock: 54.054

Working Note: 1000/18.5 = 54.054

What are corporate convertible bonds?

An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a predetermined number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option.

What drives businesses to employ convertible bonds?

Convertible bonds are a cost-effective solution for the corporation to raise capital because they have lower interest rates than comparable conventional bonds. The corporation also saves money by converting them into shares, albeit there is a chance that the share price will be diluted.

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FITB campaigns will sometimes hire actors who pretend to be concerned citizens at corporate or government meetings where they present false testimonials.

Answers

This claim is untrue. Sometimes, astroturfing campaigns will use actors to offer fabricated testimonies at business or governmental meetings while they pose as concerned individuals.

What is an astroturf campaign?

Astroturfing is the use of phony grassroots efforts to alter public opinion. These campaigns are frequently funded by businesses and governments.In essence, "false grassroots" movements are what astroturfing is. It is a planned effort intended to elicit widespread support for a cause, concept, movement, product, etc. Its name comes from the kind of artificial turf known as Astroturf, which is frequently used in sporting events in place of actual grass.

What separates lobbying on AstroTurf from grassroots lobbying?

True grassroots activity often tends to be resource-rich but cash-poor, in contrast to astroturf operations, which are frequently people-poor but cash-rich. The lobbyists in charge of this activism often work for non-governmental groups and political PR agencies.

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data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile , and the share earned by the bottom quintile

Answers

Rose; Fell, A statistical measurement of how many people earn or receive different amounts of income, the distribution of income is just that.

What has changed in the United States' income distribution during the 1970s?

Since the middle of the 1970s, income inequality has gotten progressively worse to the point where 90 percent of the population hasn't really experienced much income growth in real terms for the past 45 years, whereas those at the top of the distribution have experienced much, much faster income growth.

How has the distribution of income changed in the US?

In other words, the top of the income distribution earned 13.53 times as much as the bottom, a rise of 4.9% from 2020. Additionally, the gap between the middle and bottom of the income distribution grew, going from 4.34 in 2020 to 4.52 in 2021, an increase of 4.0%.

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The complete question is:

Data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile ______ , and the share earned by the bottom quintile _______

Presented below is information related to Stellar Corporation for the current year. $ 609,300 1,499,300 Beginning inventory Purchases Total goods available for sale Sales revenue $2,108,600 2,415,000 Compute the ending inventory, assuming that (a) gross profit is 49% of sales, (b) gross profit is 60% of cost, (c) gross profit is 38% of sales, and (d) gross profit is 25% of cost. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answers to O decimal places, e.g. 28,987.) Ending Inventory (a) Gross profit is 49% of sales $ (b) Gross profit is 60% of cost $ (c) Gross profit is 38% of sales $ (d) Gross profit is 25% of cost $

Answers

a) Gross profit is 49% off Sales (2108600-2415000*51%) = 876950

b) Gross profit is 60% of Cost (2108600-1509375) = 599225

c) Gross profit is 38% off Sales (2108600-2415000*62%) = 611300

d) Gross profit is 25% of Cost (2108600-1932000) = 176600

Gross profit is the distinction between revenue and price of products sold (COGS), divided by sales. Gross margin is expressed as a percent. usually, it is calculated as the promoting charge of an object, much less the value of products offered (e. g. production or acquisition costs, no longer such as indirect fixed prices like office prices, hire, or administrative prices), then divided by the identical selling charge. "Gross margin" is regularly used interchangeably with "gross profit", but the phrases are specific: "gross profit" is technically an absolute monetary quantity, and "gross margin" is technically a percentage or ratio.

A gross margin is a form of profit margin, especially a form of profit divided by net revenue, e. g., gross (profit) margin, running (income) margin, net (profit) margin, and many others.

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a 55 year old recently received a $30 000 distribution

Answers

A 55 year historic lately received a $30,000 distribution from a preceding employer's 401k plan, minus $6,000 withholding.

Which tax would an IRA participant be subjected to on distributions?

IRAs: An IRA distribution paid to you is situation to 10% withholding except you choose out of withholding or pick to have a specific quantity withheld. You can keep away from withholding taxes if you pick out to do a trustee-to-trustee switch to some other IRA.

Do I have to record my IRA distributions on my tax return?

Regardless of your age, you will want to file a Form 1040 and show the quantity of the IRA withdrawal. Since you took the withdrawal earlier than you reached age 59 1/2, unless you met one of the exceptions, you will need to pay an additional 10% tax on early distributions on your Form 1040.

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T/F a management consultant estimates that the number of hours per day that employees will work and their daily pay of dollars are related by the equation . find at and interpret your answer.

Answers

A management consultant estimates that based on the given equation between the number of hours per day of h and their daily pay of p dollars, when a person do overtime for n hours, they will get an extra $1 in pay is TRUE.

From the case, we know that the relationship between the number of hours per day (h) and the employees' daily pay (p) could be rewritten in the perspective of the number of hours per day such:

40h⁵+4,000,000 = p³

h⁵ = p³ - 4,000,000

                 40

h⁵ = 1/40 p³ - 100,000

h = (1/40 p³ - 100,000)^(1/5)

When we use derivative method to solve dh/dp, the equation will be derivated based on p.  Based on derivative concept, when f is a function of x, hence f'(x) measures the instantaneuos rate of change of f with respect to x. It could be said that f'(x) shows the rate of change of f, when x changes.

Related to the derivative concept, we know that h is the function of p given that the function h is being derivated to p. Hence h'(p) or dh/dp shows any changes in h, when p changes. dh/dp shows the extra hours a  person need to work to earn an extra $1 in pay.

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Complete Question:

A management consultant estimates that the number h of hours per day that employees will work and their daily pay of p dollars are related by the equation 40h⁵+4,000,000 = p³. Find dh/dp at p = 20, a person will work for an extra n hours for an extra $1 in pay. T/F

Jim's Camera shop sells two high-end cameras, the Sky Eagle and Horizon. The demand for these two cameras are as follows (DS = demand for the Sky Eagle, Ps is the selling price of the Sky Eagle, DH is the demand for the Horizon and PH is the selling price of the Horizon): Ds = 215 - 0.6PS + 0.25PH DH = 270 + 0.1Ps - 0.55PH The store wishes to determine the selling price that maximizes revenue for these two products. Develop the revenue function for these two models. Choose the correct answer below.
Find the prices that maximize revenue. If required, round your answers to two decimal places. Optimal Solution: Selling price of the Sky Eagle (Ps): $
Selling price of the Horizon (PH): $
Revenue: $

Answers

The revenue is produced by the product of pricing and demand: Sky Eagle's revenue function is RS = 229 PS - 0.60 PS2 + 0.35 PSPH, while Horizon's revenue function is RH = 269 PS + 0.10 PSPH - 0.64 PS2.

Where does the maximum amount of revenue occur?

The point at which revenue is maximized is when marginal revenue is equal to 0. It happens in our situation when the 6 qty are sold. At this moment, total revenue is likewise high. After this moment, even if the quantity sold is increased, the revenue will not be at its highest.

The variables mentioned are;

DS = 229 - 0.60 PS + 0.35 PH is the demand function for the Sky Eagle.

The DH = 269 + 0.10 PS - 0.64 PH demand function for the Horizon

The quantity demanded is given by the aforementioned demand functions: Consequently, the following is the revenue function, which is obtained by multiplying the price by the demand function:

RS = PS * DS = PS * (229 - 0.60·PS + 0.35·PH) is equal to 229·PS - 0.60·PS² + 0.35·PS·PH

The revenue for Sky Eagle RS is calculated as follows: 229PS - 0.60PS2 + 0.35PSPH; Following are the revenue figures for Horizon:

The maximize revenue for Horizon, RH = 269·PH + 0.10·PS·PH - 0.64·PH².

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the keynesian transmission mechanism could be blocked by either interest-insensitive investment or by the liquidity trap.

Answers

Either interest-insensitive investment or the liquidity trap have the potential to obstruct the Keynesian transmission mechanism. Typically, the money supply curve is horizontal. The investment demand curve is horizontal in the liquidity trap.

Which best sums up how the money supply grows in a Keynesian transmission model?

Falling interest rates encourage investment spending, which in turn raises overall spending and moves the AD curve to the right.

By liquidity trap, what do you mean?

An expansionary monetary policy (increase in money supply) in a liquidity trap prevents economic growth by failing to raise interest rates or income.

The most extreme outcome of monetary policy is the liquidity trap.

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Monopolistic competition differs from perfect competition because in monopolistically competitive markets.

Answers

While perfect competition occurs when buyers and sellers are numerous, knowledgeable about the market, and sell homogeneous goods, monopolistic competition is a sort of imperfect competition in which a large number of sellers provide differentiated products that are not perfect replacements.

What is a monopoly?

A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces. A market arrangement known as a monopoly has just one seller or producer. A monopoly restricts the number of product alternatives accessible and makes it difficult for rivals to enter the market. Monopolies may result in dishonest business practises. A monopoly has three key characteristics, which are: several buyers and a single vendor. No product that comes close to it. Strong obstacles to new enterprises' entry.

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which statement below is true concerning a perpetual iventory system
a. It allows for the determination of cost of goods sold after each sale.
b. It requires a physical inventory count to determine the cost of goods on hand.
c. Cost of goods sold is determined based on a physical count at the end of the period.
d. It is used infrequently due to the high cost of determining the cost of goods acquired.

Answers

It enables the assessment of the cost of products sold after each sale in a perpetual inventory system. Thus, the correct option is (a) It allows for the determination of the cost of goods sold after each sale.

What exactly is a perpetual inventory system?

A perpetual inventory system, also known as a continuous inventory system, is an inventory system in which information on inventory amount and availability is updated on a continuous/real-time basis as a result of doing business. Most of the time, this is accomplished by connecting the inventory system to order entry and, in the case of retail, the point of sale system. Book inventory would be equal to, or nearly equivalent to, real inventory in this case.

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FILL IN THE BLANK. bond market values are expressed as a percentage of their par (face) value. for example, a company's bonds might be trading at 103, which means that they can be bought or sold for___of their par value.

Answers

Bond market values are expressed as a percentage of their par (face) value. for example, a company's bonds might be trading at 103, which means that they can be bought or sold for 103% of their par value.

In a bond, the issuer owes the bond holder money and is required under the bond's terms to return the bond's capital and income within a specified period of time until the bond matures.

The borrower can receive external liquidity through the sale of the bond in order to finance long-term investments or, in the case of government bonds, to cover urgent costs. Bondholders have the interest of creditors, whereas shareholders have an equity stake in a firm, even though both stocks and bonds are regarded as securities.

The above question is incomplete, the complete question is-

Bond market values are expressed as a percentage of their par (face) value. For example, a company's bonds might be trading at 103, which means that they can be bought or sold for ____ of their par value.

Multiple choice question.

103%

100.3%

10.3%

0.103%

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identify each scenario as a result of ecological overshoot, or not.

Answers

Results of ecological overshoot may also consist of depletion of freshwater systems, collapsing fisheries in the oceans, and gentrification in urban neighborhoods. +human needs on nature exceed the planet's ability to provide.

What is Global Ecological Overshoot?

Ecological overshoot is measured using ecological footprint analysis, which assesses humanity's complete demand on nature's offerings over a one-year duration compared to the functionality of biologically productive land and sea areas to meet that demand.

Today, most countries, and the world as a whole, are in ecological overshoot. Over 85% of the world population lives in nations running with an ecological overshoot.

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which of the following is the best example of a homogeneous good? group of answer choices new cars ice cream soft drinks wheat

Answers

At least two vaporous, fluid, or strong parts should be blended consistently across a homogenous combination.

What is a Homogenous combination?

A homogenous blend is one whose parts are equitably circulated all through the whole arrangement, whose creation is consistent, and which gives off an impression of being a solitary substance.

Models: A uniform mix of gases makes up air. A homogenous combination of table salt and water is known as a salt arrangement.

The flavorings, water, and sugar might meet up synthetically to create an answer, however, the carbon dioxide bubbles are not scattered similarly all through the fluid.

Hence, the Homogenous combination best depicts a Cold drink.

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companies must have a carefully constructed inventory policy in order to

Answers

Companies must have a carefully constructed inventory policy in order to manage available funds and maximize profitability.

What is an inventory policy?

An inventory policy is an integral part of inventory management which helps manage stock flow in a better manner.

A very effective inventory policy is a good theoretical objective but at a practical level, it becomes difficult to achieve because the senior management’s views differs concerning the role of inventory and the knowledge and skills of supply chain and logistics professionals to structure a decision making process for an inventory policy.

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if a change in price barely effects demand, that means the demand is _______.

Answers

if a change in price barely affects demand, that means the demand is Inelastic

What is Inelastic demand?

Generally, The degree to which the amount required is affected by changes in the price of an item is referred to as its price elasticity of demand.

When the price of practically any product goes up, the amount of that good that people want to buy goes down, however, the degree to which it drops varies depending on the commodity.

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discuss the benefits that a strong executive provides to a republican government

Answers

The President appoints the heads of all Federal agencies, including the Cabinet, with the duty of carrying out and upholding the laws passed by Congress. A member of the Executive Branch who is prepared to take over as President if necessary is the Vice President.

What advantages can a strong presidency bring to the Federal Republic?

For there to be a good government, there must be a powerful executive. It defends against foreign invasions, is necessary for the enforcement of the law, aids in the preservation of private property, and ensures freedom.

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if the value of goods and services that australia purchases from the united states are less than the value of goods and services that the united states purchases from australia, then the united states has

Answers

With Australia, there are both negative net exports and a trade imbalance.

What is goods and services?

An economic system's output is goods and services. Services are acts performed for the benefit of the recipients, whereas goods are tangible products made available to customers. Among the products are clothing, homes goods, and automobiles. Services include things like consulting, cleaning, and legal advice. Production at a company might be anywhere between these two concepts. For instance, a landscaping company may give a homeowner a tree (a good) and also take care of the yard (a service).

A physical object that buyers want or own is a good. Customers want services even when they are not tangible, physical objects. Frequently, a service may be provided remotely as well. What individuals consume and pay for is generally referred to as "goods" and "services."

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if the short-run aggregate supply curve is horizontal, an increase in union aggressiveness that pushes wages and prices up will result in prices and output in the short run. a) lower;lower b) higher;higher; c) lower; higher; d) higher; lower

Answers

If the short-run aggregate supply curve is horizontal, an increase in union aggressiveness that pushes wages and prices up will result in higher prices and lower output in the short run (D).

Aggregate Supply is the total output of products produced within an aconomy at a given price in a giver time period. Aggregate suspply curve represents the relationship between price levels and the quantity of output that firms are willing to produce.

In the short-run, aggregate supply responds to the fluctuation of demands by changing the use of current inputs in the production process. In the short-run, the level of capital is fixed and a company cannot generate new working capital to increase the production efficiency.

When union aggressively pushes the wages up, this will put firms in difficult position because they have to allocate more costs to direct labors and wages expenses. Because the limitation of working capital, the only way out for those firms are to increase their product's prices and lower their production output.

This condition will shifted the Short-run aggregate supply curve and resulted in higher prices and lower output in the short-run.

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A high-fashion brand is launching a new line of clothing targeting style-conscious preteens. Their mission is to become the most-recognized, bestselling brand for this demographic. Which of the following strategic objectives is most appropriate and realistic for their new venture? Select one.
Question options:
Improve quality control measures at the corporate level
Devise a focused social media marketing strategy
Collaborate with big-box stores for merchandising
Increase shareholder value by 10% in the first quarter

Answers

Devise a focused social media marketing strategy. (Option B)

What is mean by social media marketing?

Utilizing social media sites to market your brand and increase sales of your goods or services is known as social media marketing. Social media marketing is when a new product is released by your company and you intend to publicize the launch on social media.

What does "marketing strategy" mean?

A marketing strategy is a long-term plan for attaining a company's objectives through comprehending client needs and forging an identifiable and long-lasting competitive advantage. It includes everything, from defining who your target audience is to selecting the methods you will use to communicate with them.

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what type of proposal is written to obtain funding from agencies that support worthwhile causes?
a. Grant Proposal
b. Informal Proposal

Answers

The purpose of a grant proposal is to secure financing from organizations that champion deserving causes.

What characteristics distinguish a strong grant application?

A good grant application should be persuasive, straightforward, and brief. Be sure to provide the donor enough information so that they can understand your proposal and see that you've given it some thought, but avoid being overly verbose. Additionally, the story you include in your grant application should help the sponsor understand your initiative.

What does a grant serve as?

Your ideas and initiatives to offer public services and boost the economy can be funded by the government through grants. Grants fund numerous programs included in the Catalog for Federal Domestic Assistance, including innovative research projects, crucial recovery measures, and others (CFDA).

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vango, inc. bought a new delivery van during the year. which of these costs should be expensed as ordinary repairs and maintenance? (check all that apply.)

Answers

As Vango, inc. bought a new delivery van during the year, the costs that should be expensed as ordinary repairs and maintenance includes:

B. $900 for cleaning the van during the year.D. $100 oil change on van.

What are ordinary repairs and maintenance?

In a company, an ordinary repairs and maintenance refers to those activities that owners or users of fixed assets are obliged to undertake periodically in order to be able to utilize such assets over their expected service lives.

These are the current costs that cannot be avoided if the fixed assets are to continue to be used. But, the owner or user of these assets cannot afford to neglect maintenance and repairs as the expected service life may be drastically shortened otherwise.

A maintenance and repairs cost do not change the fixed asset or its performance, but simply maintain it in good working order or restore it to its previous condition in the event of a breakdown.

Missing options " - $40,000 cost of the van - $900 for cleaning the van during the year - $2,000 paid to install shelves inside the van - $100 oil change on van"

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An increase in the wage rate will A. shift the labor supply curve to the right. B. shift the labor supply curve to the left. C. cause an upward movement along the labor supply curve. D. cause a downward movement along the labor supply curve. E. have no effect on the quantity of labor supplied.

Answers

There will be a reduction in the amount of labor requested and an upward shift in the demand curve.

What will increase labor wages effect ?

Inflation is brought on by wage increases since doing business becomes more expensive as wages rise.

Companies must raise their prices for their products and services to offset the cost increase and keep their profitability at the same level.

The quantity of work required will alter in response to changes in pay or salary. Employers will want to hire fewer workers if the pay rate rises.

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if all of the government’s debt were internal, would financing that debt make the nation poorer?

Answers

if all of the government’s debt were internal, would financing that debt makes the nation poorer is a false statement.

What is debt?

Debt may be defined as the sum that the borrower owes the bank. A debt is an amount of money that has been received for a specified time frame and must be repaid, plus interest.

External existing debt results in equalization; the process does not make a country poorer. The debt will in time need to be equalized as some point of time in time. The debtor's creditworthiness affects both the debt's size and its acceptance.

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the exclusion amount for a purchased fixed-term annuity can be calculated by dividing the cost of the annuity by the total number of payments.
a. true
b.false

Answers

True, the cost of the annuity can be divided by the total number of payments to determine the exclusion amount for a purchased fixed-term annuity.

The statement is true.

What amount is paid out by a fixed annuity?

Annuities provided an average return of between 3% and 4% at the time this article was written. This means that starting with the year you purchased the annuity, the annuity provider would compound interest on your annuity at a rate of, say, 3% annually.

A wise investment, fixed-term annuities?

For those looking for low risk, lifetime income, and premium protection, fixed annuities make good investments. Another drawback for some may be that a fixed annuity does not provide any inflation protection.

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a nike salesperson is informed by a retailer that ten pairs of shoes are damaged and cannot be sold. after looking at the merchandise, the salesperson determines the damage occurred during the packaging process. what should the nike salesperson do to handle this situation?

Answers

The salesperson determines that the damage happened during the packaging process, so Nike returns the product and issues a refund to deal with the issue.

What does it mean to be a salesperson and what it do?

A salesman or saleswoman is a person whose job it is to sell goods or services within a specific territory, at a store, or over the phone. Simply put, a salesperson builds a company's reputation while promoting its products or services. From the initial lead outreach to the actual purchase, they manage customer relationships and act as the primary point of contact.

What are main duties of salesperson and type of job is it?

Using persuasion to sell products and services to prospective customers. Examining the advantages and disadvantages of present and prospective clients. Maintaining productive business relationships to ensure future sales.

A sales position entails attempting to persuade clients to purchase a good or service. People who want to work in sales have a variety of job options available to them because many businesses rely on salespeople to market their products and services.

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Which of the following products or services is not subject to network effects?
a. Banking services
b. Snack chip manufacturing
c. Video game consoles
d. Social networks
e. Cell phone services

Answers

The product or service that is not subject to network effects is b. Snack chip manufacturing.

What products are affected by network effects?

The products or services that will be affected by network effects such as slower networks, are all the services and products that use networks to work. Banks use networks to provide services, video game consoles need network for online play, and social networks need networks to be connected to.

Cell phone services are entirely offered over networks. Snack chip manufacturing on the other hand can be done without the need for networks.

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Which of the following was not identified in the textbook as one of the day-to-day challenges involved with growing a firm?
A) Cash flow management
B) Channel conflict
C) Capital constraints
D) Quality control
E) Price stability

Answers

Channel conflict was not mentioned in the textbook as a day-to-day problem of building a business. Thus, the correct option is (B) Channel conflict.

What is the meaning of Channel conflict?

Channel conflict occurs when manufacturers offer their products directly to customers using general marketing means and/or the Internet, bypassing their channel partners such as distributors, retailers, dealers, and sales reps. When there is overproduction, channel conflict might arise. As a result, there is an excess of products. Newer product versions, changes in trends, wholesaler and retailer bankruptcies, and the distribution of defective items all have an impact on channel conflict. In this regard, a company's stock clearing plan is critical.

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c. 2. The basic goal of economics is to control the effects of government action. determine how to distribute all that is produced in an economy. address the scarcity problem created because the population's desire for goods exceeds the ability to produce them. match limited resources to people's limited wants and needs. control tastes and wishes so that there will be enough resources to produce all the goods and services that people want. 5. Kelly is an architect, and she is trying to decide whether to hire Lawrence, a draftsman, to assist with her work. Kelly could hire Lawrence at $20 per hour, but it would take him three times as long to complete a task as it takes Kelly, Kelly is able to earn S90 per hour and has more architectural jobs than she is able to handle. Which of the following is true? Kelly should not hire Lawrence because it would be faster for her to do the work herself. b. Kelly should do the drafting work herself because she has the lower opportunity cost. c. Lawrence should be hired at the $20 per hour wage rate. Lawrence should be hired, but only if he is paid more than $30 per hour. Kelly should hire someone who earns minimum wage instead of Lawrence. 6. Why would economists find it surprising if the CEO of a large company does his or her own housework? The opportunity cost of a CEO's time is quite high because they have an abundance of time to spend on housework. The opportunity cost of a CEO's time is quite low because they have a scarcity of time to spend on housework The opportunity cost of a CEO's time is quite low because they have an abundance of time to spend on housework. The opportunity cost of a CEO's time is quite high because they have a scarcity of time to spend on housework. The opportunity cost of a CEO's time is equal to that of everyone else that works at the same company. Refer to these figure to answer the questions 12 and 13.. Apple Pies 16 14+- 12-+-- PPF N 18 Blueberry Pies 11 15 pies. 14. The opportunity cost of increasing production of apple pies from 14 to 16 pies is a. 2 blueberry 14 apple 7 blueberry 4 blueberry 16 blueberry a. 15. As we move from points N to M to L, the opportunity cost of additional apple pie decreases due to the law of increasing relative cost. increases due to the law of increasing relative cost. decreases due to the law of normative economics. increases due to the law of marginal analysis. decreases due to enhancements in technology. 23. In a typical demand curve, the price elastie portion of demand is found in the _region and the price inelastie portion of demand is found in the region of the graph. middle; lower lower; upper c. upper; lower middle; middle None of these choices are correct. 24. When the price of softballs is high, a in price will raise total revenue. When the price is low, the seller should the price to increase total revenue. decrease; raise b. rise; raise c. decrease; decrease rise; decrease decrease; not change d.. 25. When her income falls from $50,000 to $20,000, Arianna increases her monthly purchase of hamburger from 20 pounds to 35 pounds. From the midpoint method, Arianna's income elasticity of demand for hamburgers is -1.57 - 0.63 0.54. -0.85. 1.57

Answers

The basic goal of economics is option C: address the scarcity problem created because the population's desire for goods exceeds the ability to produce them.

The option that is true regarding Kelly is option c. Lawrence should be hired at the $20 per hour wage rate.

What is the economy about?

Price stability, economic growth that outpaces population growth, low resource unemployment, and equitable wealth and income distribution are the four basic economic objectives. Each country will make an effort to use its government to achieve this economic objective.

Maximizing the standard of living and achieving steady economic growth are the overarching objectives of macroeconomics. The goals are backed up by other objectives including reducing unemployment, boosting productivity, and reducing inflation, among others.

Therefore, Economic development aims to raise the absolute level of per capita incomes in order to raise the material standards of living. The governments of all emerging nations have indicated that one of their goals for policy is to increase per capita incomes.

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Oriole Company borrows $86,400 on July 1 from the bank by signing a $86,400, 8%, 1-year note payable. (a) Prepare the journal entry to record the proceeds of the note. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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Oriole Company borrows $86,400 on July 1 from the bank by signing a $86,400, 8%, 1-year note payable. The Journal entry will be debit : cash for 86,400 and credit : notes payable for 86,400.

The transactions pertaining to adjustment entries, opening stock, depreciation, accounting mistakes, etc. are documented in a general journal, which is a daybook or subsidiary journal. General journal entries may have invoices, copies of management reports, and journal vouchers as their source materials.

Prime entry books, also known as books of original entry, are journals because transactions were first recorded in a journal before being physically posted to accounts in the main ledger or a subsidiary ledger. It is the process of recording double entry bookkeeping transactions by debiting one or more accounts and crediting one or more other accounts with the same sum of money.

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paper money in the united states is circulating debt of the and has no intrinsic value.

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Paper cash, in contrast to product cash, has no or very little natural worth. Therefore, paper cash is government issued currency. Consequently, the right response is government-issued currency.

What is government-issued currency?

Cash that isn't supported by a ware, like gold or silver, is known as government-issued currency. It is typically assigned as legitimate cash by the responsible government. Neighborhood banks and different associations have once in a while delivered government-issued currency since the beginning of time. Government-issued currency is in many cases allowed under unofficial law in contemporary times.

Government-issued currency, as a rule, has no inherent worth and no utility worth. It just has esteem because individuals who use it as a unit of record - or, on account of money, a vehicle of trade - settle on its worth.

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