According to Earned value management process, project manager presents many tools and techniques for the project to be successful. For this be achieved, he would regard the Earned value analysis.
What is Earned Value Analysis?Earned Value Analysis is the Earned value management process or method that allows the project manager to measure the amount of work to be carried out to the review of cost and schedule reports .As the work progresses, The project manager uses the progress measured, to forecast a project’s total cost and date of completion, based on trend analysis or application of the project’s “burn rate” is budge cost. Then a good project plan will be created. In order for the Earned Value Analysis to be accurate, a good solid project plan must be created.
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Nathaniel is going to an amusement park. The price of admission into the park is $30, and once he is inside the park, he will have to pay $3 for every ride he rides on. How much money would nathaniel have to pay in total if he goes on 10 rides? how much would he have to pay if he goes on rr rides?.
C(r) = $30 + $3r calculates the cost of r rides; 10 rides cost $60.
It defines a cost function.The cost function determines the lowest cost of producing a given amount of output for some fixed factor prices. The cost function provides a description of a corporation's economic potential.
The term "cost function" refers to the functional connection between cost and output. It investigates the cost behavior at various output levels while assuming steady technological advancement. One way to put it is as follows: C= f(Q) (Q) (Where C signifies the manufacturing cost and Q the output quantity) (Where C denotes the manufacturing cost and Q the output quantity.)
In the event that Nathaniel takes ten rides, how much money will he have to spend overall? How much would he be required to pay for rr rides?First, we determine how much he must pay for the rr rides:
We can see that the entrance fee is $30 plus $3 for each game. The cost function is then: if he rides r times.
C(r) = $30 + $3r
Now, if he visits 10 rides, we must evaluate the aforementioned linear function at r = 10, which will result in:
C(10) = $30 + $3X10 = $60
For $60, you can take ten rides.
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People who are high on openness to experience are likely to demonstrate ________.
A) an outgoing and sociable orientation.
B) a lack of worry.
C) an achievement orientation.
D) curiosity and broad-mindedness.
E) cooperation and soft-heartedness
Answer:
D) Curiosity and Broad-Mindedness
Explanation:
People who are high on openness to experience are likely to demonstrate ( Curiosity and Broad-Mindedness )
the first course in the career navigation courses is:
You alone have the ability to develop your career. By finishing this trio of courses, you can take charge of your future while boosting your confidence.
What is navigation in a career?the awareness of internal elements that affect professional decisions and the capacity to consciously investigate and advance your career.
What are skills for navigating a career?Being able to steer your practice in new and better directions if necessary, or alternatively, to negotiate to maximize the potential of your current position, requires flexibility and confidence. Effective career navigation requires developing a keen sense of where you currently stand in key areas of job satisfaction.
Is it challenging to access WP Carey?A high school class ranking in the top 8% and an ACT composite score of 25. ASU competence courses must have a cumulative high school GPA of 3.4 (4.00 = A) or higher in order to be admitted before the Fall 2020 semester.
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when a piece of equipment is purchased, it is generally recorded on the balance sheet at its salvage value..True or False
the answer is true I think
max had a party in the apartment he rents from ralph, the landlord. max's rowdy guests cause damage to teh inside of his apartment, the elevators and the front lobby of the building. with respect to the cost of repairs to the building,
Ralph is responsible for paying for the building's repairs, but he can seek idemnification by suing Max and his friend.
In plain language, what does indemnification mean?The pledge by one party (the indemnifying party), also known as indemnity, to cover certain fees and expenses incurred by the other party (the indemnified party), usually as a result of third-party claims, is known as indemnification.
Therefore, indemnity provisions and clauses are particularly strong legal instruments because they essentially sign away a party's right to sue the other. The majority of indemnification clauses only cover one party's right to file a lawsuit against the other, i.e., only one side generally waives that right.
Are you protected by indemnification?To be covered against loss or harm is to be indemnified. To determine how much money the nonperformer owes the party who was wronged in the event of a breach of a contract, the parties refer to the indemnity provision. The objective is to restore the aggrieved party to the position that they would have been in had the nonperformance not occurred.
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proceeds from notes payable on january 26, nyree co. borrowed cash from conrad bank by issuing a 45-day note with a face amount of $300,000. assume 360 days in a year. a. determine the proceeds of the note, assuming the note carries an interest rate of 6%. fill in the blank 1 of 2$ b. determine the proceeds of the note, assuming the note is discounted at 6%. fill in the blank 2 of 2$
The net proceeds from notes-payable will be $2,250, considering its face value and interest rate as well as time period.
Calculation:
Notes -payable face value = $300,000
Time period for which it is issued = 45 days
Interest rate = 6%
Proceeds from the notes payable = $300,000*6%*60/360 = $2,250
Written promissory notes are known as notes payable. A borrower receives a certain amount of funds from a lender under this arrangement and agrees to pay it back over a predetermined amount of time. The interest rate may be set for the duration of the note or it may change in accordance with the interest rate the lender charges its most valuable clients (known as the prime rate). In contrast to an account payable, which requires the payment of both interest and a promissory note, this is different.
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within the distribution channel, retailers and wholesalers are called:
These middlemen, such middlemen, wholesalers, and retailers, make up the marketing channel, also known as the distribution channel.
What is Distribution channel?A network of companies or intermediaries through which an item or service is sent before it is received by the target customer or buyer is known as a distribution channel. Retailers, wholesalers, marketers, as well as the internet are examples of distribution channels. All goods and services must go via a distribution channel in order to get to their intended consumers. On the other side, it also outlines the method of payment that clients use to reimburse the original seller. The number of intermediaries required to distribute an item or service determines the length of a distribution channel.
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PLEASE HELP
pt 1. You work for an ad agency that has a Super Bowl sponsor as a client. What approach would you recommend for your agency as it develops a campaign—universal, customized for each geographical region, or something else, and why?
pt 2. What types of companies could benefit from placing ads on the NFL website, and how can they use the internet effectively to promote their products?
A universal campaign is a type that would work best for a Super Bowl. This is because the people that attend the Super Bowl are best defined as a diverse marketing sector.
Companies in the sports, health and fitness industries may profit from placing advertisements on the NFL website.
What exactly can be defined as a universal campaign?Universal Ads offers you one-of-a-kind, cross-platform insights into the data you need to succeed. Bottom-of-the-funnel events are shared across platforms. The conversion rates of ad networks are compared. Long-term trends are classified according to the platform, ad set name, channel, and other characteristics.
Previous research has found that businesses' sales do not increase when their Super Bowl commercials run. New university research, on the other hand, reveals that Super Bowl advertising causes brief increases in web searches and word-of-mouth impressions.
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Which of the following types of families is likely to have the least need for a large amount of life insurance?
A) a blended family
B) a traditional family
C) a single person family
D) a sandwiched family
a single person family is types of families is likely to have the least need for a large amount of life insurance.
How Does Life Insurance Work?Your contract with an insurance company is known as life insurance. Essentially, the insurance provider will give your dependents a lump sum, known as a life insurance, in return for your monthly premiums. The funds are available for use by your recipients for any objective.
I should purchase life insurance when I am how old?Although you may not "need it," your 20s are the greatest age to purchase affordable term life insurance. You typically receive the most reasonable rates when you're younger and healthier since you pose less of a risk to an insurer.
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Type the correct answer in the box. Round your answer to the hundredth. An investment in a savings account grows to three times the initial value after t years. If the rate of interest is 5%, compounded continuously, t = years.
Answer:
t = 21.97 years
Step-by-step explanation:
The formula for the continuous compounding if given by:
A = p*e^(rt);
where A is the amount after compounding, p is the principle, e is the mathematical constant (2.718281), r is the rate of interest, and t is the time in years.
It is given that
p = $x,
r = 5%, and
]A = $3x.
In this part, t is unknown.
Therefore: 3x = x*e^(0.05t).
This implies 3 = e^(0.05t).
Taking natural logarithm on both sides yields ln(3) = ln(e^(0.05t)).
A logarithmic property is that the power of the logarithmic expression can be shifted on the left side of the whole expression, thus multiplying it with the expression.
Therefore, ln(3) = 0.05t*ln(e).
Since ln(e) = 1, and making t the subject gives t = ln(3)/0.05.
This means that t = 21.97 years (rounded to the nearest 2 decimal places)!!!
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as ad blocking and skipping tools have become more prevalent, many marketers using ________ are adding emphasis to direct "opt-in" approaches to reaching consumers.
As ad Blocking and skipping tools have become more prevalent, many marketers using Sales promotion are adding emphasis to direct "opt-in" approaches to reaching consumers.
What is Sales promotion?A sales promotion can be described as the marketing strategy whereby the business uses a temporary campaign or offer to increase interest or demand with respect to the product or service.
It should be noted that business may choose to use a sales promotion so as to be able to boost sales.
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1. Gross profit equals the difference between a. net income and operating expenses. b. sales revenue and cost of goods sold. c. sales revenue and operating expenses. d. sales revenue and cost of goods sold plus operating expenses. 2. Net income will result if gross profit exceeds a. cost of goods sold. b. operating expenses. C. purchases. d. cost of goods sold plus operating expenses. Under a perpetual inventory system, a. accounting records continuously disclose the amount of inventory. b. increases in inventory resulting from purchases are debited to purchases. c. there is no need for a year-end physical count. d. the account purchase returns and allowances is credited when goods are returned to vendors. 4. In a perpetual inventory system, cost of goods sold is recorded a. on a daily basis. b. on a monthly basis. c. on an annual basis. d. each time a sale occurs. Gross profit does not appear a. on a multiple-step income statement b. on a single-step income statement. c. to be relevant in analyzing the operation of a merchandising company. d. on either a multiple-step or single-step income statement. 6. Operating expenses would include a. interest expense. b. income tax expense. c. freight-out. d. freight-out and interest. 7. An advantage of the single-step income statement over the multiple-step form is a. the amount of information it provides. b. its comprehensiveness. c. its simplicity d. its use in computing ratios
1. Gross profit is calculated as b. sales revenue and cost of goods sold
2. Net income will result if gross profit exceeds a. cost of goods sold.
3. Under a perpetual inventory system, a. accounting records continuously disclose the amount of inventory
4. In a perpetual inventory system, cost of goods sold is recorded each time a sale occurs.
5. Gross profit does not appear b. on a single-step income statement
6. Operating expenses would include . c. freight-out.
7. An advantage of the single-step income statement over the multiple-step form is c. its simplicity
What is gross profit?The profit a company makes after deducting the costs of manufacturing and selling its products is known as gross profit.
A perpetual inventory system is a system for tracking and recording stock levels in which every purchase and sale of stock is automatically and instantly logged. When a transaction occurs in this system, the software records a change in inventory levels in real-time.
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TRUE/FALSE.the three types of income in the us income tax system are ordinary income, portfolio income and capital income.
Ordinary income, portfolio income, and capital income are the three categories of income under the US income tax system. The said statement is true.
What is US Income Tax System?
The federal government with majority of states in the US, imposes income taxes for generating revenue. Applying a tax rate to taxable income, which is the entire income less permissible deductions, yields the income taxes, which may rise as income rises.
Further Earned, passive, and portfolio income are the three basic types of income.
Earned income consists of salaries, tips, commissions, and wages.
Rental properties, royalties, and limited partnerships are all potential sources of passive or unearned income.
Interest, dividends, and investment capital gains are all types of portfolio or investment income.
Therefore the above statement is said to be true.
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in the current year, susan sold an antique that she bought 6 years ago to display in her home. susan paid $800 for the antique and sold it for $1,400. susan chose to use the proceeds to pay a court-ordered judgment. the $600 gain that susan realized on the sale of the antique should be treated as ordinary income. long-term capital gain. an involuntary conversion. a nontaxable transaction.
Gain that Susan realized on the sale of the antique should be treated as long-term capital gain.
What is capital ?In economics, capital goods or capital are "permanently produced commodities that are in turn used as productive inputs for further production" of goods and services. At the macro level, "a country's capital stock includes buildings, equipment, software and supplies in a given year."Capital is a broad term for anything that gives value or utility to its owner. For example: Factories and their machinery, intellectual property such as patents, or financial assets of companies and individuals.Equity can be any financial asset used. Money earned from ongoing activities is reported as capital on the company's balance sheet. Some examples are money in bank accounts, money from the sale of stocks, and money from the sale of bonds.To learn more about capital from the given link :
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A customer-centric philosophy transcends all functional areas of a company, producing an internal system in which all of the firm's decisions and actions result directly from customer information.
true or false
A customer-centric philosophy transcends all functional areas of a company, producing an internal system in which all of the firm's decisions and actions result directly from customer information. True .
Customer centricity, also known as customer centricity, is a strategy and business culture focused on creating the best experience for customers, thereby building brand loyalty. A customer-centric company ensures that the customer is at the heart of the company's philosophy, operations, or ideas.
Zappos is a great example of how a business can thrive with a model focused on customer service and satisfaction. They profess to be a service company that also sells shoes, clothing and accessories, and support that identity in every aspect of their business strategy.
A broader definition of customer-centric behavior includes going beyond what customers think and feel and being inspired by megatrends that impact their long-term challenges.
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if ben & jerry’s starts selling bonnaroo buzz fair trade-sourced super premium ice cream in brazil for the first time, it will be using a __________ strategy.
They'll employ a market penetration approach.
Which actions did Ben & Jerry's take to adhere to Fairtrade principles?They paid a Fairtrade Premium of $22,000 in 2017, in addition to the Minimum Price, in 2017. The co-ops made the decision to use this money to renovate a medical facility, fix a school, and construct an office. Over 300,000 pounds of the coffee used by Ben & Jerry's has come from Mexico since 2010.
Why Ben and Jerry's uses Fairtrade ?Five key ingredients—cocoa, bananas, coffee, vanilla, and sugar—were sourced thanks to a long-standing collaboration between Fairtrade and Ben & Jerry's. For farmers and workers in poor countries, fairtrade means better prices, respectable working conditions, local sustainability, and equitable terms of trade.
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If the GDP deflator rises from 185 to 190, what is the rate of inflation between the two years?
A. 270%
B. 50%
C. 5%
D. 2.7%
which of the following, by definition, allows you to buy stocks, bonds, and other assets with borrowed money?
Based on the description in the question and the business investment analysis, the definition that allows you to buy stocks, bonds, and other assets with borrowed money is Margin Account
What is a Margin AccountMargin Account is a term in investment and business operations that are used to describe the capacity to buy stocks, bonds, and other assets with borrowed money.
Generally, the Margin Account is used because they involve borrowing, and is only reserved for wealthy clients who have both a high credit rating and a high-risk tolerance.
Features of Margin AccountIt allows the trader to trade other financial productsIt increases the profit and loss potential of the trader's capital.Hence, in this case, it is concluded that Margin Account is a good account to hold when it comes to an investment as it helps the investors to maximize their profits.
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Birch Company normally produces and sells 47000 units of RG-6 each month. The selling price is $20 per unit, variable costs are $10 per unit, fixed manufacturing overhead costs total $165,000 per month, and fixed selling costs total $48,000 per month Employment-contract strikes in the companies that purchase the bulk of the RG-6 units have caused Birch Company's sales to temporarily drop to only 9,000 units per month. Birch Company estimates that the strikes will last for two months, after which time sales of RG-6 should return to normal. Due to the current low level of sales, Birch Company is thinking about closing down its own plant during the strike, which would reduce its fixed manufacturing overhead costs by $41000 per month and its fixed selling costs by 10%. Start-up costs at the end of the shutdown period would total $13,000. Because Blrch Company uses Lean Production methods, no inventories are on hand Required 1. What is the financial advantage (disadvantage) if Birch closes its own plant for two months? 2. Should Birch close the plant for two months? 3. At what level of unit sales for the two-month period would Birch Company be indifferent between closing the plant or keeping it open? Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 s the financial advantage (disadvantage) if Birch closes its own plant for two months? < Pree 2of4 Next > 8
Taking into account the information, it can be inferred that the financial advantage (disadvantage) if Birch closes its own plant for two months will be $-101,400, so it would not be advisable for them to close their plant for two months. Additionally, the level of unit sales that would be indifferent between closing the plant or keeping it open is 7,860 units.
How to establish the financial disadvantage of Birch company among its three alternatives?To establish the financial disadvantage of Birch company among its three alternatives (Continue plant for 2 months (Alternative 1), Shut down plant for 2 months (Alternative 2), Increase (Decrease) in income of shutdown (Alternative 2) we must compare the movement financial that the company will have in each of them as shown below.
Option 1:
Revenue (9000*2*$20) = $3,60,000
Variable cost (9000*2*$10) = $1,80,000
Fixed manufacturing overhead cost = $3,30,000
Fixed selling cost = $96,000
Startup cost at the end of shutdown period = $0
Income / (Loss) = -$2,46,000
Option 2:
Revenue(9000*2*$20) = $0
Variable cost (9000*2*$10) = $0
Fixed manufacturing overhead cost = $2,48,000
Fixed selling cost = $86,400
Startup cost at the end of shutdown period = $13,000
Income / (Loss) = -$3,47,400
Option 3:
Revenue (9000*2*$20) = -$3,60,000
Variable cost (9000*2*$10) = $1,80,000
Fixed manufacturing overhead cost = $82,000
Fixed selling cost = $9,600
Startup cost at the end of shutdown period = -$13,000
Income / (Loss) = -$1,01,400
According to the above, the financial disadvantage would be $-101,400, so it would not be advisable to close the plant for two months.
How to calculate the level of sales that would be indifferent?To calculate the level of sales that would be indifferent to Birch Company we must perform the following mathematical operation:
Level of sales to be indifferent = (Avoidable Fixed Cost - Startup cost) / Contribution margin per unit
= (82000+9600-13000) / (20-10)
= 78600/ 10
= 7860 units
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what refers to how well a system can adapt to increased demands?
The ability of an organization to adapt to changing workloads or market demands is referred to as scalability. Scalable businesses may quickly grow output to meet demand while also benefiting from economies of scale.
What does the capacity to start a system entail?An identical copy of a system's data is a backup; getting a system back up and running after a failure or crash is recovery.
What phrase describes the resources of a computer system being available whenever needed?Cloud computing is, in a nutshell, the on-demand availability of computer system resources, particularly data storage (cloud storage) and computational power, without direct active supervision by the user.
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Answer:
Explanation:
scalability
Jane, who works in sales for her firm, has learned about her customer during the prequalification stage, but now she must conduct additional research and develop plans for meeting her customer. In the past, she would have maintained this information manually, but today she is able to access such information through her company's
Select one:
A.customer relationship management system.
B.customer response management system.
C.indirect marketing system.
D.direct marketing system.
E.B2B selling system.
Jane, who works in sales for her firm, learned about her customer during the prequalification stage, but now she must conduct additional research and develop plans for meeting her customer. In the past, she would have maintained this information manually, but today she is able to access such information through her company's customer relationship management system. Option A
What is a customer relationship management system?Generally, All of the information that has been gathered about the customer is compiled, linked together, and analyzed by a CRM system.
This includes the client's contact information, as well as their interactions with business representatives, purchases, service requests, assets, and bids or offers. After that, the system gives users access to that data and the ability to comprehend what transpired at each touchpoint.
HubSpot. HubSpot is a customer relationship management (CRM) platform, which means it keeps tabs on client interactions and helps streamline marketing, sales, and service operations.
HubSpot is an excellent choice for any company that is growing (regardless of whether it is a small, medium, or enterprise-level company) as well as any team (such as marketing, sales, customer service, operations, or C-suite).
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following is a series of statements related to the graph below: i. the ending inventory for period iv is approximately 0. ii. the inventory level increases during period i. iii. starting inventory for period i is greater than 0. iv. there are back orders at the end of period ii. which of the above statements are true? Group of answer choicesI, only is true.I, II, and IV are true.I, III, and IV are true.All of the statements are true.The correct combination is not given
Based on the graph below, the correct following statments are:
The ending inventory for period IV is approximately 0 (i)Starting inventory for period I is greater than 0 (iii)There are back orders at the end of period II (iv)Hence, the correct group of answer is I, III, and IV (B).
Inventory in this case represents the amount of products stocked in a warehouse. In this case, the amount of inventory could be calculated by looking at the gap between the cummulative demand and cummulative output available.
When the cummulative output available is higher than the cummulative demand, there will be some outputs unsold and stored as inventory.
When the cummulative output available is lower than the cummulative demand, there will be some demands unable to meet by the output available. This condition is called as back orders.
Based on the graph below, we know that at the beginning of period I, there are some inventories left from the previous period. Hence, the beginning inventory of period I is greater than 0.
However, along with period I comes along, the amount of cummulative demand raises faster than the cummulative output available. This condition leads to decreasing inventory during period I.
This condition happened until the period III. The low growth of cummulative output available will leads to back orders when some of cummulative demands are unable to meet by the company. This back orders happen for most of period II.
The cummulative output available then grows back faster in period III and meets with the cummulative demand at around similar poit in period IV. When the cummulative demand and cummulative output available meets, we could expect that all output available would be sold and no inventory would be left in this period.
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Use the following information: PGI: $600,000; Vacancy and collection losses: $42,000; Operating expenses: $88,000; Capital expenditures: $10,000. Mortgage payments total $206,728 annually. Assume an above-line treatment of capital expenditures. The before-tax cash flow from operations is equal to ____.
$253,272
The operations' before-tax cash flow is $253,272.
What is before-tax cash flow?The amount of money that an investment generates after all income items have been collected, operating costs have been paid, and debt service has been paid.
To get the estimated before-tax cash flow, subtract the annual debt service from the annual net operating income.
Continuing the example, the annual debt service is $15,967.20 and the net operating income is $15,450. $517.20 is equal to $15,450 less $15,967.20.
So, the before-tax cash flow will be:
Before-tax cash flow: PGI - vacancy and collection losses - operating expenses - capital expenditures - Mortgage payments
Before-tax cash flow: 600,000 - 42,000 - 88,000 - 10,000 - 206,728
Before-tax cash flow: $253,272
Therefore, the operations' before-tax cash flow is $253,272.
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What's the purpose of income tax brackets? question 6 options: enable the progressive taxation of income maintain a minimum income level distribute social support to the needy punish the use of income for harmful activities.
The purpose of the income tax bracket is to allow progressive taxation of income.
What is the purpose of income tax categories that allow progressive taxation of income?Progressive taxation involves tax rates that increase (or progress) as your taxable income increases. Low-income earners have lower tax rates, and high-income earners have higher tax rates. This is typically accomplished by creating tax categories that group taxpayers by income category.
How is the tax amount calculated?Tax brackets indicate the tax rate you must pay for each portion of your income. For example, if you are single, the lowest rate of 10% applies to his first $10,275 income in 2022. The next portion of income is taxed at 12% and so on up to the taxable income limit.
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which one of the following pairs of goods is likely to have a negative cross-price elasticity of demand?
a. purses and backpacks
b. sofas and dining room tables
c. manicures and pedicures
d. shoes and socks
e. trucks and sedans
Among all the given pairs of goods, the one that is most likely to have a negative cross-price elasticity of demand is shoes and socks. Hence, option D is correct.
What is the meaning of cross-price elasticity?To determine whether products are "substitutes" or "complements," the idea of cross price elasticity of demand is employed. To group goods that are probably going to compete with one another, it is also used in market definition.
Cross price elasticity of demand is a term used to describe how responsive a good's demand is to changes in the price of unrelated goods. It is consistently expressed in percentage terms.
Shoes and socks are the given product pair that is most likely to have a negative cross-price elasticity of demand.
Therefore, option D is correct.
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employment at will allows an employer to terminate employment because an employee files a worker’s compensation claim.
At-will capability that an business enterprise can terminate an worker at any time for any reason, barring an illegal one, or for no motive besides incurring legal liability.
Likewise, an worker is free to depart a job at any time for any or no reason with no detrimental criminal consequences.
Can you negotiate at-will employment?You are in all likelihood an at-will employee until the documents country otherwise. If you signed any of these documents that state that you are an at-will employee, then you have agreed you understand you can be terminated at any time. Keep in thought that you may (and from time to time should) negotiate with your potential employer
Employment at Will Doctrine. If an employment agreement does no longer specify the length of the contract both the company or the worker is free to terminate it at any time (As long as termination does not violate law)
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https://brainly.com/question/13836968#SPJ4The main goal of inventory management is: Group of answer choicesa) minimize costs while meeting demandb) increase demand to keep up with inventoryc) keep enough inventory in the pipelined) balance the amount of certain and uncertain demand
Option (d),Balance between definite and uncertain demand is the primary objective of inventory management.
How are your stock levels managed?The term "inventory" refers to all the goods, supplies, and items that a business keeps on hand in the hope of eventually selling them to clients at a profit. In this scenario, if the vendor uses a vehicle to deliver newspapers to customers, only the newspaper will be regarded as inventory.
What is the purpose of this inventory management?Inventory management aims to maintain as low inventory levels as practical while guaranteeing that there is a sufficient amount of merchandise to meet customer demand. an approach to order fulfillment that involves adding the orders to the supply chain.
Maintaining a minimum amount of inactive, waste, surplus, scrap, and outdated things. To increase production and distribution efficiency while reducing the expenses associated with keeping, replacing, and running out of inventory. A risky investing strategy of treating inventories.
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If a consumer places a value of $15 on a particular good and if the price of the good is $17, then the.
If a consumer places a value of $15 on a particular good and if the price of the good is $17, then the consumer does not purchase the good.
In behavioral economics, willingness to pay (WTP) refers to the maximum price at or below that a consumer will definitely pay to purchase one unit of a particular good. It corresponds to the standard economic view of a consumer reservation price or the value a customer places on the product. Some economists conceptualize WTP as a range rather than a single price. Hence, if a price of product is above the price range that the consumer is willing to pay, it is highly likely that consumer will not purchase the product or service. As the price of the good $17 is higher that the perceived price value of the good $15, the consumer does not purchase the good.
Note: The question is incomplete and probably the complete question is: If a consumer places a value of $15 on a particular good and the price of the good is $17, then the: a. consumer has a consumer surplus of $2 if he or she buys the good. b. consumer does not purchase the good. c. market is not a competitive market. d. price of the good will fall due to market forces.
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5. (5 points) Which of the following would be classified as fiscal policy? a) The federal government passes tax cuts to encourage firms to reduce air pollution; b) The Federal Reserve cuts interest rates to stimulate the economy; c) A state government cuts taxes to help the economy of the state; d) The federal government cuts taxes to stimulate the economy; e) States increase taxes to fund education. 6. (5 points) When the economy enters into a recession, your employer is wages because to reduce your a) Unlikely; output and input prices generally fall during recession; b) Unlikely; lower wages reduce productivity and mora le; c) Likely; output prices always fall during recession; e) Likely; aggregate demand is vertical in the long run. 7. (5 points) Automatic stabilizers refer to. a) The money supply and interest rates that automatically increase or decrease along with the business cycle; b) Government spending and taxes that automatically increase or decrease along with the business cycle; c) Changes in the money supply and interest rates that are intended to achieve macroeconomic policy objectives; d) Changes in federal taxes and purchases that are intended to achieve macroeconomic policy objectives. 8. (5 points) Before the Great Depression of the 1930s, the majority of government spending took place at the place at the and after the Great Depression the majority of government spending took a) State and local levels; federallevel; b) Local level; federal level; c) Federal level; state and local levels; d) Federal level; state level.
5. The federal government cuts taxes to stimulate the economy can be classified as fiscal policy.
Which of the following is a form of fiscal policy?Fiscal policy refers to how the government uses taxes, spending, and transfer payments to support stability and growth in the economy. combats both inflation and unemployment, but not simultaneously. To boost the economy, the federal government lowers taxes. taxation and spending by the government that automatically rise or fall with the economy. The fiscal policy entails adjustments to taxes or expenditures in order to achieve economic objectives.
6. When the economy enters a recession, your employer is unlikely to reduce your wages because output and input prices generally fall during recession.
7. Automatic stabilizers refer to government spending and taxes that automatically increase or decrease along with the business cycle.
8. Before the Great Depression of the 1930s, the majority of government spending took place at the place at the State and local levels and after the Great Depression the majority of government spending took place at federal level.
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Which of the following is the best description of the total revenue test?
The question did not specify the options.
A total revenue test describes the price elasticity ( the time frame where changes in the price of the product affect consumer behavior) or inelasticity of demand by measuring the changes in revenue from the change in the price of a product or service.
It helps in setting an optimum price for products or services to achieve revenue. It helps businesses in their pricing strategy. It is calculated as,
Total Revenue = Number of units sold * cost per unit
Total revenue tests can also help in determining the type of demand that exists for the company's products and help to grow its revenue.
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