The value of a particular utility for each fan is equal to marginal cost, making four floats the socially ideal number.
What are the advantages of cosmetics?Benefit is known for having entertaining, quick answers to beauty problems and is the #. 1 Brow Brand in the World. The cosmetics company, which was established in 1976, has taken the globe by storm with its one-of-a-kind cult favorites including Benetint, BADgal Banging Mascara, POREfessional Facial Primer, Hoola Contouring, Precisely, My Brow Pencil, and Gimme Brow+.
Is Benefit Makeup a high-end company?Comparable Prices. It is reasonable to state that Benefit's costs range from $15 to $65. Despite being high-end, they are offered to the clients at an affordable price. The wide range of target market makes them seem reachable.
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T/F Consumer vulnerability occurs when a person has an impaired ability to make an informed consent to the market exchange.
Consumer vulnerability occurs when person has impaired ability to make an informed consent to market exchange : True.
What is meant by consumer vulnerability?The Financial Conduct Authority defines a vulnerable consumer as someone who, due to their personal circumstances, is susceptible to detriment, particularly when firm is not acting with appropriate levels of care.
Vulnerable customers may include individuals with loss of income due to unemployment, those experiencing health issues or bereavement, family member serving as caregivers and people with limited by digital literacy, etc.
A condition for respect requires that consent must be voluntary and informed. Consumer vulnerability occurs when a person has an impaired ability to make informed consent to market exchange.
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Which of the following combinations of changes in government spending and taxes is necessarily expansionary?
(A) Govt Spending: Increase Taxes: Increase
(B) Govt Spending: Increase Taxes: Decrease
(C) Govt Spending: Decrease Taxes: Not change
(D) Govt Spending: Decrease Taxes: Increase
(E) Govt Spending: Decrease Taxes: Decrease
C) The following combinations of changes in government spending and taxes is the necessarily an expansionary increase in authority spending and a decrease in taxes
The expansionary policy normally targets increasing the mixture demand to be able to accelerate the monetary boom, increase employment and reduce unemployment. that is carried out by affecting the components of the combination demand which might be the intake expenditure, the investment expenditure, the government spending, and the net exports (exports minus imports).
The boom in government spending results in the enlargement of the economic interest thru the multiplier effect and the better costs of taxes, however, lessens the disposable income available for intake and investment hence slowing down the pace of the monetary increase. therefore, an increase in government spending and discount in taxes will cause the more expansionary effect
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when a check is written on an account at bank a and deposited in bank b, the reserve account of will rise and reserves of the entire banking system will
When a check is written on an account at bank A and deposited in bank B, the reserve account of Bank B will rise and reserves of the entire banking system will remain constant.
What is reserve account?
Similar to savings accounts, reserves are an accumulation of money for a future use. Surpluses from operations or scheduled transfers that have been planned and budgeted might be used to fund a reserve. Similar to savings accounts, reserve accounts should only be used for transfers into or out of the account; no direct spending should be made.
A reserve fund is a sum of money or a liquid asset held aside to pay for unforeseen expenses or upcoming debts. Numerous governments, financial institutions, and private individuals routinely deposit money into interest-bearing accounts.
As money is invested on behalf of members and reimbursed in the future, pensions are a type of reserve fund. Reserve funds are used by condos and homeowner associations (HOAs) to pay for major projects and maintenance problems.
Hence, When a check is written on an account at bank A and deposited in bank B, the reserve account of Bank B will rise and reserves of the entire banking system will remain constant.
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For the classical dichotomy, which of the following is NOT influenced by changes in the quantity of money ____? A. Nominal GDP B. Unemployment.
The correct option is (B): - For the classical dichotomy, Unemployment is NOT influenced by changes in the quantity of money.
Unemployment is a situation in which people who are actively seeking work are unable to find jobs. When the unemployment rate is high, it can have a significant negative impact on an economy. It can lead to reduced consumer spending, reduced investment, and slower economic growth.
High unemployment can also lead to increased poverty, increased inequality, and social unrest. Governments often intervene to help reduce unemployment and stimulate economic growth, such as providing financial assistance to unemployed workers, increasing public investment, and providing tax incentives to companies to encourage them to hire more workers.
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The Equal Employment Opportunity Act of 1972 authorized the ______ to issue guidelines for acceptable employer conduct in administering equal opportunity employment.
The Equal Employment Opportunity Act of 1972 authorized the EEOC to issue guidelines for acceptable employer conduct in administering equal opportunity employment.
In order to administer and enforce civil rights legislation against employment discrimination, the Civil Rights Act of 1964 created the U.S. Equal Employment Opportunity Commission (EEOC), a federal organization.
The EEOC looks into complaints of discrimination based on a person's race, color, national origin, religion, sex (including sexual orientation, pregnancy, and gender identity), age, disability, genetic information, and retaliation for taking part in a complaint investigation or objecting to a discriminatory practice.
Prior to conducting an inquiry, the commission also mediates and resolves tens of thousands of discrimination claims each year.
Additionally, the EEOC has the authority to decide on discrimination complaints made against federal agencies and to bring civil discrimination lawsuits against employers on behalf of claimed victims. Charlotte Burrows has served as the EEOC's chair since 2021.
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Economists who believe that the Federal Reserve is likely to make a lot of mistakes in the conduct of monetary policy believe that the Federal Reserve should not respond to all AD shocks.
trueFasle
true, The Federal Reserve shouldn't react to all AD shocks, according to economists who believe the Federal Reserve is likely to make many mistakes while conducting monetary policy.
The Federal Reserve System is the name of the American central bank (FRS). It is commonly referred to as "the Fed" and is perhaps the most powerful financial institution in the world. It was created to provide the country with a stable, flexible, and secure financial and monetary system. There are seven members of the Fed's board. There are further 12 Federal Reserve banks, each of which is run by the president of a separate district. The central bank is a financial institution with sole control over the production and distribution of money and credit for a nation or a collection of nations. The formulation of monetary policy and member bank regulation are normally the responsibility of the central bank in modern economies.
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outline the capital structure choices open to international firms. in your own words, give an example using xyz company.
Capital is the most important component in starting a business. The two primary sources of money for a firm are debt and equity.
What do businesses do?A firm is a form of trade company that promises to turn a profit by selling products and services. The words "firm" and "business" are interchangeable. Businesses can be organized in a variety of areas, such as sole proprietorships or corporations.
Briefing :Capital is the most important component in starting a business. It functions as the organization's foundation. The two primary sources of money for a firm are debt and equity. The combination of credit and equity that is used by a corporation to finance both its daily operations and future opportunities is known as capital design.
Types of capital structures available to big firms
The relevance of capital design may be expressed as the strategy for raising the money using different long-term financing sources, which include the two significant types of equity and debt. A company may raise several types of assets, such as preference shares, equity shares, retained income, long-term debts, and so on. These resources are bought for business preservation.
Equity Investment
Ownership capital is the money that investors or business owners claim. It consists of two distinct types.
a) Retained revenue: Retained income is crucial for the advantage that the association has autonomously retained and that will support the company.
b) Contributed Material: Supplied capital is the amount of money that the business owners gave when they first started the company or that they received from investors to cover the cost of their herewith.
debt financing
The purchased cash utilized in company is referred to as debt capital. Debt capital comes in many forms.
1. Long-Term Bonds: These bonds the most secure of said Debt because only the interest must be repaid; the principal must be paid at construction. There have an all-inclusive repayment horizon.
2. Short-term commercial paper is a type of transitory debt instrument that businesses use to raise money for a short period of time.
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According to the Keown book, ________ are by far the most popular funds, accounting for more than half of all mutual funds.
A) equity funds
B) bond funds
C) hybrid funds
D) money market funds
equity funds
equity funds are by far the most popular funds, accounting for more than half of all mutual funds.
What are mutual funds?
A mutual fund is a collection of funds under the expert management of a Fund Manager. It is a trust that takes money from several participants with similar investment goals and invests it in stocks, bonds, money market instruments, and/or other securities. A mutual fund consists of a variety of investments, including cash, bonds, and stocks. Equity funds, fixed-income funds, and money market funds are the three primary categories of mutual funds. There are various levels of risk attached to each of these kinds.Mutual funds that have a strong potential for big returns are referred to as high-risk funds. The substantial risks associated with these funds, however, make them exceedingly volatile.To learn more about mutual funds refer to:
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Definition:
an equity-based cognition representing the extent that consumers believe the processes involved in processing a transaction, performing a service, or handling any complaint are fair
Procedural Justice is an equity based cognition representing the extent that consumers believe the processes involved in processing a transaction performing a service, or handling any complaint are fair.
The focus of procedural justice is on the contacts between the public and law enforcement, and how these encounters affect how the public perceives the police, their desire to obey the law, and actual crime rates. There is growing evidence that how the public feels about procedural justice can have a big impact on public safety.
"Treating people with dignity and respect, providing citizens 'voice' during interactions, being neutral in decision-making, and transmitting trustworthy reasons" are the four guiding principles of procedural justice.
1) The community has faith and confidence in the police as being honest, unbiased, beneficent, and lawful, according to research, which shows that these principles help to foster these connections.
2) The community feels compelled to uphold the law and the orders of legal authority.
3) The community thinks the police share its values and interests.
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clara barnett, a fixed income analyst, wishes to assign a value to an illiquid bond issued by celadon ceramics. the semiannual coupon bond has a coupon rate of 7.50% and exactly 3 years until maturity. barnett has identified two comparable bonds with recent transaction data: comparable bond maturity yield to maturity a 2 years 6.87% b 5 years 7.19% using matrix pricing, the value of the celadon bond per 100 of par value is closest to: group of answer choices 99.57. 101.39. 101.15.
The maturity date for the semiannual coupon bond is 3 years, and the coupon rate is 7.50%. Two analogous bonds have been found by Barnett.
How do two bonds compare?The "yield to maturity" must be calculated in order to compare various fixed-income securities. This combines the bond's purchase price and coupon rate, reflecting the investor's actual underlying interest rate of return.
Which two bond types are most prevalent?Series EE Savings Bonds and I-bonds are two of the most popular varieties of US savings bonds. According to the Financial Industry Regulatory Authority, I-bonds are a popular safe investment product since they have "essentially no credit and default risk."
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A company purchased factory equipment for $520000. It is estimated that the equipment will have a $74000 salvage value at the end of its estimated 5-year useful life. If the company uses the double-declining-balance method of depreciation, the amount of annual depreciation recorded for the second year after purchase would be
$178400.
$77760.
$124800.
$208000.
If the business opts to depreciate assets using the double-declining-balance approach, the yearly depreciation reported for the second year following purchase would be $124800. Hence, Option C is correct.
Depreciation is the practise of deducting the cost of a company asset over a number of years as opposed to just one. Depreciation can be calculated using one of four primary methods: a straight line, a twofold decreasing curve, a sum of the years' digits, or a unit of production.
The book value of fixed assets is reduced as a result of depreciation. Depreciation is the term used to describe how assets lose value over time as they become outdated. Until an asset's life is over, depreciation will continue to occur.
For $520,000, a corporation bought factory equipment. At the end of its anticipated 5-year useful life, the equipment will have a salvage value of $74,000.
(520,000 - 0) × .40 = 208,000
(700,000 - 208,000) × .40 = 124800
Therefore, Option C is correct.
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both the united states and india make corn and rice. the united states can make 50 bags of rice or 150 bags of corn in any given day, while india can make 100 bags of rice or 200 bags of corn in a given day. according to the law of comparative advantage, which of the following are true?
a. The U.S. should specialize in producing rice and trade that rice to India, who is specializing in producing com. b. India has the comparative advantage in both goods, and so no gains from trade can occur. c. The United States has the absolute advantage in both goods, and so no gains from trade can occur. d. The U.S. should specialize in producing corn and trade that corn to India, who is specializing in producing rice
The United States should focus on growing rice and trade its rice to India, which specializes in growing maize.
Describe trading and an example.The act of exchanging goods or services between people, companies, or countries is referred to as trade. The discussions for a new international commerce deal were directly under the ministry's jurisdiction in every facet of foreign commerce. Texas and Mexico have long-standing commercial ties.
What exactly does trade in business mean?The term "commerce" or "business" refers to any activity carried out with the intention of making a profit first from sale of merchandise or the rendering of services. It is not restricted to integrative aggregates of assets, operations, and goodwill that constitute businesses for the purposes of other Internal Revenue Code sections.
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Two airline companies, Airtouch and Windward, operate a route from City X to City Y, transporting a mix of passengers and freight. They must file their schedules with the National Transportation Board each year and cannot alter them during that year. Those schedules are revealed only after both companies have filed. Each airline must choose between a morning and an evening departure. The relevant payoff matrix appears below, with the first entry in each cell indicating Airtouch’s daily profit and the second entry in each cell indicating Windward’s daily profit.
In which market structure do these firms operate? Explain.
If Windward chooses an evening departure, which departure time is better for Airtouch?
Identify the dominant strategy for Windward.
Is choosing an evening departure a dominant strategy for Airtouch? Explain.
If both firms know all of the information in the payoff matrix but do not cooperate, what will be Windward’s daily profit?
In economics, market structure describes how enterprises are divided and classified depending on the sorts of commodities they offer and how their operations are influenced by external events and elements.
1) Oligopoly market structure is used since there are only two airlines. Because there are only two large enterprises in the market, the market structure most closely resembles an oligopoly.
2)Airtouch does not have a dominating tactic. If Windward selects an evening departure, Airtouch will select an evening departure, and vice versa if Windward selects a morning departure.
3)The most popular Windward option is to leave early in the morning. Windward's reward is larger when Airtouch picks morning, and when Airtouch chooses evening, Windward's payoff is again higher when Airtouch chooses morning. Windward's preferred tactic is thus to choose the morning.
4)There is no dominating Air touch approach. If Windward selects an evening departure, Air Touch will select an evening departure, and if Windward selects a morning departure, Air Touch will select a morning departure. As a result, there is no dominating Air touch strategy.
5)If the businesses do not cooperate, they will play the game's nash equilibrium. It is evident from I and (j) that the cash equilibrium is where Windward chooses to even and Airtouch selects to evening. In this situation, Windward's daily profit will be $800.
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Jackie purchases real estate with Twiggy as equal tenants in common. Jackie pays $100,000 and Twiggy pays nothing. What is the amount of the gift from Jackie to Twiggy (if any)?
In this case $50,000 is the amount of the gift from Jackie to Twiggy.
What do you mean by gift?
Twiggy receives one-half interest ($50,000) with no contribution to the purchase price, and thus receives a $50,000 gift.The IRS defines a gift as the giving of money or other valuables to another person without expecting anything in return. For the purposes of federal taxation, a gift is not regarded as income. Receiving gifts of cash or anything else of value is not required to be reported on a person's tax return.The maximum amount of presents you can give to each recipient each year is the annual exclusion. For instance, the legislation permits you to give someone an infinite number of tax-free presents throughout the 2022 tax year, provided that no one receives more than $16,000.To know more about Real estate here
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Under the customer-oriented perspective of the HRM function, line managers and strategic planners are considered to be ______.
Under the customer-oriented perspective of the HRM function, line managers and strategic planners are considered to be customers.
Job design and job analysis, recruitment, hiring, and selection, training and development, remuneration and benefits, performance management, managerial relations, and labour relations are a few of the core duties of HRM function. The goals of human resource management are to find qualified candidates, hire them, train them, and then assist them in enhancing their performance so they can realise their full potential and contribute to the organization's objectives. The HR department's primary duty is recruitment. While HR is involved in many other areas, including data administration, statutory compliance, employee engagement, and employee development, one of their main areas of focus is finding, selecting, and onboarding qualified employees for the company.
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Cake mix is in the maturity stage of its product life cycle. A manufacturer selling cake mixes would most likely use advertising to
A) create product category awareness.
B) differentiate one type of dessert from another.
C) create selective distribution channels.
D) reposition cake mixes.
E) remind buyers of the marketer's and its brand's existence.
A manufacturer selling cake mixes would most likely use advertising to create product category awareness. Advertising would most likely be used by a company that makes cake mixes to remind customers that the product is available.
A manufacturer employs a push strategy when it sends the promotional mix to channel participants in an effort to get their support for ordering and stocking the product. The cost-effective mixture of public relations, sales promotion, direct marketing, advertising, and personal selling tactics is known as the promotional mix. advertising. Credibility is a benefit of publicity. There is a tendency to believe a tale that is positive about a company's goods from an unpaid source.
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you manage an ecommerce site and are creating new audiences to segment users in ways that are important to your business, like users who've made a purchase.which of these is an example of a predictive audience?
The choice D : You create an target target market of customers who're possibly to buy within side the subsequent seven days, is an instance of a predictive target target market.
The required details for Predictive analytics in given paragraph
Predictive analytics encompasses a selection of statistical strategies from facts mining, predictive modeling, and system learning that examine modern-day and ancient statistics to make predictions approximately destiny or in any other case unknown events. In business, predictive fashions exploit patterns determined in ancient and transactional facts to pick out dangers and opportunities. Models seize relationships amongst many elements to permit evaluation of chance or ability related to a specific set of conditions, guiding decision-making for candidate transactions.
The defining useful impact of those technical methods is that predictive analytics offers a predictive score (probability) for every individual so that it will determine, inform, or have an impact on organizational techniques that pertain throughout big numbers of individuals, inclusive of in marketing, credit score chance evaluation, fraud detection, manufacturing, healthcare, and authorities operations along with regulation enforcement.
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Complete question
You manage an eCommerce site and are creating new audiences to segment users in ways that are important to your business, like users who’ve made a purchase.
Which of these is an example of a predictive audience?
You create an audience of users who started checking out but didn’t complete the purchase
You create an audience of users who made a purchase in the last 30 days
You create an audience of users who added items to their purchase wishlist
You create an audience of users who are likely to purchase in the next seven days
1. The Net Present Value decision technique may not be the only pertinent unit of measure if the firm is facing A. a labor union. B. a major investment. C. time or resource constraints. D. the election of a new board of directors
The Net Present Value decision technique may not be the only pertinent unit of measure if the firm is facing time or resource constraints.
Which of the following is true about the net present value capital budgeting technique?Which of the following is true about the net present value (NPV) capital budgeting technique? If the net benefit computed on a present value basis—that is, NPV—is positive, then the asset (project) is considered an acceptable investment
Which of the following statements regarding NPV analysis is correct?Answer and Explanation: The correct answer is A) Accept a project if NPV > cost of investment. The net present value estimates the current worth of a project by taking the present value of the future cash flows minus the cost of investmentl
What is not included in NPV?NPV vs. Payback Period
The NPV formula doesn't evaluate a project's return on investment (ROI), a key consideration for anyone with finite capital. Though the NPV formula estimates how much value a project will produce, it doesn't tell you whether it is an efficient use of your investment dollars
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if the economy has a structural deficit of $25 billion and a cyclical deficit of $75, we can conclude that the current budget deficit is ____ billion.
If the economy has a structural deficit of $25 billion and a cyclical deficit of $75, we can conclude that the current budget deficit is 100 billion.
What is a cyclical deficit?
Periodic Overage/Deficit (Economics Term) the portion of the federal budget surplus or deficit brought on by cyclical variables as opposed to underlying fiscal policy. This cyclical component depicts how the surplus or deficit always grows or shrinks throughout periods of economic expansion or contraction. In contrast, when the economy is struggling, tax revenues fall, spending rises, and the cyclical deficit widens. The term "full employment deficit" refers to a deficit that still exists while the economy is operating at full capacity. The structural deficit is another name for this full employment shortfall.
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Lewis Company's standard labor cost of producing one unit of Product DD is 3.0 hours at the rate of $10.0 per hour.During August, 40,000 hours of labor are incurred at a cost of $10.10 per hour to produce 13,200 units of Product DD. Compute the total labor variance. Total labor variance Compute the labor price and quantity variances Labor price variance s Labor quantity variance s Compute the labor price and quantity variances, assuming the standard is 3.2 hours of direct labor at $10.20 per hour. Labor price variances Labor quantity variance s Click if you would like to Show Work for this question: Open Show Work
The labor price and quantity variance is $4,220 favorable and $4,445 favorable respectively.The labor price and quantity variance is $10,550 unfavorable and $ 47,915 unfavorable respective
The computation of the total labor variance is shown below:
= (Actual hours × Actual rate) - (Standard hours × standard rate)
= (42,200 hours × $12.80 per hour) - (13,500 units × 3.1 hours × $12.7 per hour)
= $540,160 - $531,495
= $8,665 favorable
The computation of the labor price variance is shown below
= Actual Hours × (Actual rate - standard rate)
= 42,200 × ($12.80 per hour - $12.7 per hour)
= 42,200 × $0.1 per hour
= $4,220 favorable
The computation of the labor quantity variance is shown below:
= Standard Rate × (Actual hours - Standard hours)
= $12.70 per hour × (42,200 hours - 41,850 hours)
= $12.70 per hour × 350 hours
= $4,445 favorable
The computation of the labor price variance is shown below:
= Actual Hours × (Actual rate - standard rate)
= 42,200 × ($12.7 per hour - $12.95 per hour)
= 42,200 × - $0.25 per hour
= $10,550 unfavorable
The computation of the labor quantity variance is shown below:
= Standard Rate × (Actual hours - Standard hours)
= $12.95 per hour × (42,200 hours - 45,900 hours)
= $12.95 per hour × - 3,700 hours
= $ 47,915 unfavorable
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General Electric Co. (GE) is expected to pay a $5.00 dividend at the end of this year. If you expect GE's dividend to grow by 3% per year forever and GE's equity cost of capital to be 11%, then the value of a share of GE stock is closest to $42.86 $27.19 $35.74 $62.50
The value of a share of GE stock is closest to $62.5.
What is the Valuation of Shares?
Share valuation is the process of knowing the value of a company's stock. Equity valuations are based on quantitative techniques, and stock values fluctuate based on market supply and demand. It is easy to know the stock price of a listed company.
Calculations:
Given:
Dividend (D1) = $5
Growth Rate (g) = 3% = 0.03
Capital Cost (Ke) = 11% = 0.11
Solution:
[tex]Value of Share = \frac{D1}{Ke-g}[/tex]
Value of Share = 5/(0.11-0.03) = $62.5.
Therefore, the value of a share of GE stock is closest to $62.5.
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In order to recover research and development costs rapidly and earn high initial profits, SenseTV is setting a high price for its plasma TVs. The pricing strategy SenseTV is using is called _____ pricing strategy.
A) market-minus
B) skimming
C) penetration
D) competitive
The pricing strategy that SenseTV is using is called skimming.
What is skimming?
Skimming is a pricing strategy in which a company initially sets a high price for a new product in order to recover research and development costs quickly and earn high initial profits. This strategy is often used for products that are innovative or have a unique value proposition, as consumers may be willing to pay a premium for these types of products. Skimming is typically used in the early stages of a product's life cycle, before competition enters the market or prices begin to decline. After a period of time, the company may lower the price of the product in order to increase market share and compete with other products in the market.
According to the problem:
Skimming involves setting a high price for a new product in order to recover research and development costs quickly and earn high initial profits. This strategy is often used for products that are innovative or have a unique value proposition, as consumers may be willing to pay a premium for these types of products. Skimming is typically used in the early stages of a product's life cycle, before competition enters the market or prices begin to decline. It is often followed by a strategy called penetration pricing, in which the price is gradually lowered in order to increase market share and compete with other products in the market.
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members decide on their regular meeting days/times, rules about tardiness or non-attendance, and set expectations regarding how they will interact with one another.
The stages of group development are Forming , storming, adjourning, performing and norming.
What is stages of group development?The stages of group development were first described by psychologist Bruce Tuckman in his 1965 essay titled, "Developmental sequence in small groups." The paper discusses how team members start as strangers and flow through five different stages before they become a high-functioning team.This paper became the groundwork for the stages of group development. Tuckman’s foundation helps team leaders understand how team dynamics change as a project progresses. By understanding the five stages of group development, you can support your team as they’re getting to know one another to quickly enable collaboration and effective teamwork.Research has shown that teams go through definitive stages during development. Bruce Tuckman, an educational psychologist, identified a five-stage development .To learn more about teamwork refer to:
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Marketing researchers can conduct their own searches of secondary data sources by using commercial online databases. However, primary data can usually be obtained more quickly and at a lower cost than secondary data. Exploratory research would be used to gather data about the market potential for a new product. True or False
This claim is untrue. By sending out surveys and doing in-person interviews, marketing researchers are unable to independently search secondary data sources.
What sort of secondary data does marketing research use?Secondary data is information obtained from publicly available sources such as websites, newspapers, or other publications. Prior to using secondary data from a source, it is essential to verify the source's reliability. A frequent example of a secondary data source is internal business data from a company, such as sales and marketing records, customer account information, and statistics on product consumption and purchase.
According to what ways do secondary and primary research differ?The researcher summarizes or synthesizes information and literature that has already been gathered, edited, and published by others when undertaking secondary research as opposed to original research. Researchers use and analyze data from primary research sources when performing secondary research.
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Which of the following is a component of operating budgets? budgeted balance sheet capital expenditures budget sales budget budgeted statement of cash flows
The component of operating budgets is budget sales. The Option C is correct.
What is an operating budget?An operating budget refers to detailed projection of what a firm expects its revenue and expenses will be over a period of time. Firm formulates operating budget near the end of the year to show expected activity during the following year. Its helps to set and achieve business goal
The operating budgets will include budgets for sales, manufacturing costs (materials, labor, overhead), merchandise purchases, selling expenses, and general and administrative expenses.
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on april 1 cyclone company purchases a trencher for $310,000. the machine is expected to last five years and have a salvagevalue of $55,000
At the end of the first and second years, the depreciation expense is:
2016 - $38,250
2017 - $51,000
What would be implied by "straight line depreciation"?Using the straight line depreciation approach, an asset's value is proportionately reduced over each time period, and this process continues until the asset reaches its salvage value. Straight line depreciation is the most widely used and straightforward depreciation method for breaking up the cost of a capital item. It can be calculated by dividing the asset's cost by its useful life after subtracting any salvage value.
The formula for calculating annual depreciation expense using the straight-line method is:
Annual depreciation expense= (cost – salvage value) / useful life
Where:
The asset's purchasing price serves as its cost= $310,000
The asset's value at the end of its useful life is its salvage value= $55,000
The amount of time/years that the asset is projected to be employed by the business is known as its useful life= 5 years
Therefore, the machine's straight-line depreciation would be calculated as follows:
Expenditure for straight-line depreciation = (Asset's cost - Salvage value) / useful life
= ($310,000 - $55,000) / 5 = $51,000
With the exception of 2016, when the machine was only operated for nine months, the depreciation expense per year would be $51,000.
Depreciation expense in 2016 = (9 / 12) x $51,000 = $38,250
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The complete question is:
On April 1, Cyclone Company purchases a trencher for $310,000. The machine is expected to last five years and have a salvage value of $55,000. Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line method.
While mail surveys are a common data collection method in developed countries, they are an unreliable means of gathering primary data in many foreign countries because of the:
Low literacy rates
They are an unreliable means of gathering the primary data in many foreign countries because of low literacy rates.
What is literacy?Literacy is defined in its broadest sense as "certain ways of thinking about and performing reading and writing" with the aim of comprehending or communicating ideas in writing in a given context. In other words, individuals in literate societies have a set of habits for creating and reading written material, as well as attitudes toward these habits. According to this perspective, writing is always done for a specific audience, while reading is always done for a certain purpose. Over the course of a person's lifetime, literacy instruction, learning, and practice are always influenced by one's beliefs about reading, writing, and their importance to both society and the individual. According to some researchers, there have been two distinct periods of interest in the concept of "literacy" throughout history.
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according to ellis' abc's to rebt, people have the most control over changing their . group of answer choices beliefs activating events
according to Ellis' ABC's to REBT, people have the most control over changing their thoughts, feelings and their actions.
Ellis's ABC model is a cognitive-behavioral model that propose that it is our thoughts about situations that result in our emotional and behavioral responses. REBT is a form of cognitive-behavioral therapy that is based on the ABC model.
The therapist helps the client to identify their irrational thoughts and beliefs and to challenge and change them. The goal is to help the client to learn to respond to situations in a more rational and effective way. Ellis held the view that every person has the capacity to exert control over their thoughts, feelings, and behavior.
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Suppose the market supply and demand for guitars in Happy Valley are given by: Supply: Q=-60+3P Demand: Q = 540 - 5P. a) (4 points) Calculate the equilibrium price and quantity of guitars. P* = Q* = For the remaining questions, suppose a tax of $24 per guitar is levied on the consumers. b) (4 points) How much will the consumers pay for guitars after the tax? c) (4 points) How much will producers receive for guitars after the tax? d) (4 points) What proportion of the tax will be paid by the producers? e) (4 points) What quantity of the good will be bought/sold after the tax? f) (4 points) What is the deadweight loss created by the tax?
The demand curve depicts the bicycle market in Pedal City, which is highly competitive. Two thousand two, PQ =, and the supply curve. 6. P. Q.
When a product's supply and demand curve out, the market is said to be in equilibrium. The market is considered to have cleared when it reaches equilibrium because there is neither a shortage nor an excess. The government may get involved in a market to make money or to better distribute resources. Indirect taxes, subsidies, and price controls are a few examples of such interventions. Indirect taxes are levies that are based on expenditure and consumption. They raise the cost of buying a good or service, which lowers consumption.
On a diagram, when two lines intersect, it usually means something. On a graph, the equilibrium is represented by the intersection of the supply and demand curves (S and D). The only price at which consumer and producer desires coincide is equilibrium, or when the quantity of the good that consumers want to buy (quantity demanded) equals the quantity that producers want to sell (quantity supplied). The equilibrium quantity is that amount that both parties seek equally. Any other price causes the market to be out of equilibrium since the amount requested does not match the quantity supplied.
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A company uses a standard costing system. The production budget for Year 1 was based on 200,000 units of output. Each unit requires two standard hours of manufacturing labor for completion. Total overhead was budgeted at $900,000 for the year, and the budgeted fixed overhead rate was $.75 per hour. Both varialbe and fixed overheads are allocated to the product based on direct manufacturing labor hours. The actual data for Year 1 are as follows:
Actual production in units: 198,000
Actual direct manufacturing labor hours: 425,000
Actual variable overhead: $352,000
Actual fixed overhead: $575,000
What is the amount of unfavorable variable overhead efficiency variance?
The amount of unfavorable variable overhead efficiency variance is $21,750
When there is a discrepancy between the volume of the basis as it actually occurred and what we had anticipated it to be, it results in our variable overhead efficiency variance. In this instance, overhead is distributed based on direct work hours. Based on the data, they had calculated that 198,000 units * 2 hours/unit would require 396,000 direct labor hours. They actually put in 425,000 hours. Because they spent more hours than expected, there will be overhead fluctuations, notably negative variances in overhead efficiency.
The predicted hourly variable overhead rate must be ascertained. It claims that based on 400,000 direct labor hours, they had estimated total overhead to be $900,000. This equates to $2.25 an hour. If fixed overhead accounts for $1.50 of this, variable manufacturing overhead is responsible for the remaining $0.75/hour.
To calculate the efficiency variance:
Variable overhead efficiency variance = (Actual hours - Standard hours) * Standard variable overhead rate
Variable overhead efficiency variance = (425,000 hours - 396,000 hours) * $0.75/hour
Variable overhead efficiency variance = $21,750 U
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