Answer:
that means they are poor (or have low income since medicare is for families who cant afford doctors)
hope this helps!
please follow if you can<3
Suppose that you really enjoy going to the movie theater, but at your current level of income, it is more affordable to rent a movie at home. Then suppose you receive a promotion and your income rises. With this extra money, you go to the movie theater more often instead of renting movies. This scenario demonstrates that to you, rental movies are a(n) ________ good and movies at the movie theater are a(n) _________ good.
Answer:
inferior, normal
Explanation:
Consumers tend to spend more or less on a commodity when their income level changes. This is as a result of preference that is restricted by income level.
Based on this there are 3 types of goods: inferior, normal, and necessity.
Inferior goods are ones that a consumer will abandon for other goods when income rises.
Normal goods are the ones where demand increases as income rises.
Necessity are goods whose demand remains constant despite income changes.
In the give scenario therefore rental movies are inferior goods while going to the movie theatre is a normal good.
In the first year of business, Friendly Company paid $32,000 for direct materials and $42,000 for production workers' wages. Lease payments and utilities on the production facilities amounted to $25,000 while general, selling, and administrative expenses totaled $10,000. The company produced 4,000 units and sold 3,000 units at a selling price of $35.00 a unit. What is Friendly's cost of goods sold for the year?
A. $55,500
B.$81,750
C.$109,000
D.$74,250
Answer:
b
Explanation:
A written report that contains just a few pages that sum up the marketing plan's main points is called a
Answer:
Executive summary
Explanation:
An executive summary can be defined as a written account that gives a summary of the marketing plan. The large document or a research paper for marketing plans, business reports, etc are provided in concised form in an executive summary.
Because an executive summary provides an overview to the large documents, it is the first place that decision makers go to ascertain the actions.
Therefore, an executive summary is the correct answer.
In answer to a radio advertisement, a teenager two months shy of his 18th birthday contracted to buy a late model car from a car dealership. The agreement required a $1500 down payment with the remainder of the $7200 price to be paid in monthly installments to a local finance company. The teenager’s first eight payments were made regularly until his driver's license was suspended. He then informed the company that no further payments would be forthcoming. The finance company sued for the remaining payments. The age of majority in the teenager’s state is 18 years. Would the teenager be liable for the balance of the payments?
A. Yes, because the car dealership was liable on the contract from the outset, notwithstanding the teenager’s minority.
B. Yes, because he kept the car for six months after reaching the age of majority.
C. No, because he was a minor at the time of the contracting, and the contract is voidable by him.
D. No, because he informed the finance company in a timely manner after his driver's license was suspended.
Answer: B. Yes, because he kept the car for six months after reaching the age of majority.
Explanation:
When the teenager had not reached the age of majority, holding him liable for the contract would have been challenging. The teenager however reached the age of majority he became legally liable for decisions and contracts.
After this age, he had the car for 6 more months which means that he had accepted the contract as an adult. He cannot therefore simply wiggle out of the payment because he signed an enforceable contract.
Adam Smith believed that _____________ would lead to the production of items that consumers want.
a
self interest
b
government control of resources
c
lack of competition
d
productivity
Answer:
a. self interest
Explanation:
Adam Smith was a Scottish political economist, social and moral philosopher, author and he is famously considered to be the father of modern economics. Smith was born on the 5th of June, 1723 in Kirkcaldy, United Kingdom and he died on the 17th of July, 1790 in Panmure House, Edinburgh, United Kingdom.
In his first book titled, "The Theory of Moral Sentiments" which was published in 1776, he proposed the idea of an invisible hand, based on the tendency of free market economy to regulate or self-adjust themselves through demand and supply, competition, and self interest.
Hence, Adam Smith believed that self interest would lead to the production of items that consumers want.
In several African countries where the rhinoceros was once a thriving species, the animal is now nearly extinct. In most of these nations, rhinoceros horns are used as traditional ingredients in certain medicines. Rhinoceros farming has been proposed as an alternative to the imposition of stiff penalties on people who are caught engaging in rhinoceros hunting. The imposition of stiff penaltiesA. reduces the supply of rhino horns.B. makes poaching more lucrative.C. increases the price of rhino horns.D. All of the above are correct.E. B & C only are correct.
Answer:
D. All of the above are correct
Explanation:
In many places, rhinoceros are illegal hunted down and their horns are illegal black market at a very high price. It is believed that the rhino horns have some medicinal value.
In the context, in several South African countries, the government have imposed heavy penalties on people who are caught in hunting of the rhinoceros. Thus this imposing of the penalties will increase the cost of the rhino horn in the black market, it will also makes the poaching business more lucrative as the demand on the horns and the cost of the hunters will be more. Penalties will also effect the supply of the rhino horns as many people will now stop poaching the rhinos. Thus the supply will decrease.
Therefore the correct option is (D).
What impact did the hard-lockdown have on the perfect markets?
Answer:
impacts include they might lose buisness because lock downs made markets close down
they might also lose customers- (everyone is staying home, etc)
hope that helps bby<3
Gabriela is a geologist working for an oil company. She joined the National Guard and was called to active duty to serve in Afghanistan for a year shortly afterward. The oil company said the job would be there for her upon her return. She served with distinction and upon returning home she contacted her old company. They informed her that the position had been filled and there was no open position for her. If the company does not uphold the USERRA law, Gabriela can call on what organization to fight for her employment rights
Answer: EEOC: Equal Employment Opportunity Commission
Explanation:
Based on the information given, Gabriela can call on the Equal Employment Opportunity Commission to fight for her employment rights
The U.S. Equal Employment Opportunity Commission is in charge of enforcing the federal laws which make it illegal to discriminate a person against an employee or job seeker because of the religion, race, color, sex of the person.
A value chain is a set of: Group of answer choices robotically controlled conveyor belts that deliver product quickly from manufacturing stations to shipping containers. large firms that are vertically integrated. a large number of small firms that dominate a given market. similarly profitable firms competing against each other in any given industry. activities through which a product or service is created and delivered to customers.
Answer:
activities through which a product or service is created and delivered to customers.
Explanation:
In simple words, A value chain can be understood as the business model that outlines the whole process of creating a product or service. The processes involved in taking a commodity from conception to dissemination, as well as everything in among as sourcing raw materials, production operations and marketing activities—make up a value chain for firms that create things.
The multiplier effect states that a manager's influence on the organization ________.
A can have great and continual cost implications
B can result in many types of company diversity
C is felt repeatedly for many days
D also results in large consequences for employees' families
E has implications far beyond the results that can be achieved by one person acting alone
Answer:
E) has implications far beyond the results that can be achieved by one person acting alone
Explanation:
The multiplier effect can be regarded as a the proportional amount of increase/ decrease that exist in final income as a results of some activities such as injection,spending or
withdrawal. It can be explained as
any changes that comes up from consumer spending as a result of any real GDP growth as well as contraction brought about through the utilization of fiscal policy. It shouldbe noted that The multiplier effect states that a manager's influence on the organization has implications far beyond the results that can be achieved by one person acting alone
Answer:
E has implications far beyond the results that can be achieved by one person acting alone
Explanation:
Multiplier effect occurs when a manager is able to replicate his abilities in others who are working under him.
It is his ability to train others to be as effective as himself.
This will result in a team that is more effective and has the potential of doing a lot more than when the manager is acting alone.
Building capacity in those under the manager gives the possibility of the operation moving forward without much further input from them.
PLEASE HELP IM ON PLATO BTW GET IT RIGHT CUH
Answer:
✔️Demand Pull Inflation:
1. Too much money chasing too few goods
2. Stiff competition among consumers
✔️Cash Pull Inflation:
1. Increase in cost of production
2. Decrease in supply of goods and services
3. Aim of sellers is to maximize profit
Explanation:
Demand pull inflation is often caused by the increase in the aggregate demand of outputs than an economy can produce as a result of increased government spending, expanding economy and so on.
On the other hand, cash pull inflation is caused by the decrease in aggregate supply of goods and supply as result of increased cost of the factors of production.
Thus, let's match each description to the types of inflation they belong to:
✔️Demand Pull Inflation:
1. Too much money chasing too few goods (excess demand as a result of expanding economy)
2. Stiff competition among consumers (businesses, households, governments and foreign buyers bid prices up and compete to purchase the limited available goods and services)
✔️Cash Pull Inflation:
1. Increase in cost of production (this pushes the cost of goods and services up)
2. Decrease in supply of goods and services (aggregate supply decreases)
3. Aim of sellers is to maximize profit (as production cost increase, sellers would have to increase the price of goods and services in order not to run at a loss).
If you purchase a straddle on euros, this implies that you: A) finance the purchase of a call option by selling a put option in the euros. B) finance the purchase of a call option by selling a call option in the euros. C) finance the purchase of a put option by selling a put option in the euros. D) finance the purchase of a put option by selling a call option in the euros. E) None of the above.
Answer:
The correct answer is E) None of the above.
Explanation:
when you purchase a straddle on euros, this means you simultaneously buy a call option and a put option on the same common stock on euros bearing a similar expiration date, and the same place where the security can be bought and sold. What this means is, you tend to make a profit once the common stock makes a sharp move. Normally, call options give investors the liberty to sell stock expecting a rise in price, while a put option gives the investors want to sell their stock because they predict a fall in price. These two option contracts aim at making investors make profits.
Nick works with a large team at a social media company. He has proposed and finished several projects which the company implemented. He has a great sense of pride in doing his job. The company has three products currently, and the sales division and marketing division are responsible for increasing product adoption. Nick works in the marketing division and often gets marketing campaign ideas from talking with the customer service division and the salespeople. He enjoys the information communication in the company. Nick works for a company with a:
Answer:
functional departmentalization structure
Explanation:
In the case of functional departmentalization, an organization should be organized into the department that depend upon the functions that each one performs for an organization.
Since in the given situation, nicks works with the marketing division also he enjoyed the information that communciated in the company so here he works with the functional departmentalization structure for a company
hence, the same should be relevant
Which situation best illustrates the concept if absolute advantage??
Answer: A German factory that can build more sports cars than foreign factories.
Explanation:
Absolute advantage refers to a scenario whereby a good or service can be produced in higher quantity at same cost by a company when compared to others.
In this situation, the scenario that best illustrates the concept of absolute advantage is a German factory that can build more sports cars than foreign factories.
what are the importance of doctor
Answer:
to help people
Explanation:
Answer:
Doctors are responsible for increased life expectancy and improved well-being in society. People who survive diseases such as cancer usually owe their survival to doctors, whose skills and dedication are vital for their cure.
Explanation:
Please Mark me brainliest
I need a cute name for an estsy buisness where i sell prints… this is a 10 point question and I give brainliest to whoever comes up with the one I like and I will thank everyone who answers no matter what !!
Answer:
well i think
- flawless copies
- perfect printing
-rapid copies
- papers brought to life
- plastics and prints
-printsey
hope this helps! <3
ECONOMICS!
A person wants to buy a violin that costs $400. When he goes to buy it, the
clerk tells him that he will need to pay $440.
Which type of tax explains the extra cost?
A. Corporate tax
B. Property tax
C. Sales tax
D. Income tax
Answer:
The correct answer is C. Sales tax.
Explanation:
Sales tax is a tax on turnover of goods and services. It is usually calculated as a percentage of the value of the goods and services. Sales tax can be imposed at different stages of turnover or it can be cumulative and imposed at all stages of turnover.
In the United States, there is no federal sales tax, but it is set at the state level and therefore varies from state to state. Sales tax typically varies from 1-10% and it differs from product group to product group. The sales tax is paid only once by the consumer. In some cases, the local government may impose additional sales tax, so that locally in some places on certain product groups up to 7-15% sales tax is paid.
When an individual withdraws funds from a checking account the: Select one: a. bank's balance sheet shrinks but the size of the Fed's balance sheet increases. b. size of the bank's balance sheet stays the same but the size of the Fed's balance sheet shrinks. c. bank's balance sheet shrinks but the size of the Fed's balance sheet is not affected. d. bank's balance sheet shrinks and so does the Fed's balance sheet.
Answer:
c. bank's balance sheet shrinks but the size of the Fed's balance sheet is not affected
Explanation:
In the case when an individual withdraws the amount from the checking account so the balance sheet of the bank should shrink but overall the size of the balance sheet of fed is not impacted
So according to the given situation, the option c is correct
Hence, the same should be considered
Assume you are analyzing the market opportunity of a distance learning company, Learnmore, that creates education courses delivered over the Internet for the Fortune 1000 corporate market. Assume that the overall size of the distance learning market is $25 billion. The overall market can be broken down into three major market segments: Corporate, College, and Elementary/High School, each of which accounts for a third of the market. Within the Corporate market, there are two market niches: Fortune 1000, which accounts for 60% of the market, and all others, which together account for 40% of the market. What is Learnmore's realistic market opportunity, approximately
Answer:
The answer is "$8.33billion".
Explanation:
Since 25 billboards are separated into three sections, one portion of which is corporate and one part is fortune 1000 and equal to 8.33 billion dollars incorporate.
1/3 of the $25billion = $8.33 billion.
Which types of postsecondary education are examples of traditional academic education? Check all that apply.
associate degree
apprenticeship
bachelor’s degree
technical school degree
Answer: 1,3
Answer:
associate degree and bachelor’s degree is the answer
Explanation:
just did it trust me :)
_____ are companies using an adaptive strategy that seeks to minimize risk and maximize profits by following or imitating the proven successes of companies that seek fast growth by searching for new market opportunities, encouraging risk taking, and being the first to bring innovative new products to market.
Answer:
Analyzers
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Typically, to formulate strategies that are well aligned with the mission of an organization or business firm, some of the activities that needs to be performed includes the following;
1. Knowing your core competencies.
2. Assessment of the organization's internal strengths and weaknesses.
3. Examination of the organization's external environment.
4. Analyze your competitors.
Analyzers are companies that uses an adaptive strategy that would help them to minimize (mitigate) risk while maximizing their profits by following or imitating the proven successes of prospective companies that are focused on fast growth and development; through a thorough search for new opportunities in the market, encouraging risk taking and being a pace setter such as being the first to introduce innovative new products to market.
Additionally, the opposite of the analyzers are reactors who do not adopt a consistent adaptive strategy but only react to changes in their external environment such as markets, customers, rivals, etc., after they have occured.
Complete each statement by choosing the correct answer from the drop-down menu.
is the ability to stay positive and focused on finding a solution that
satisfies the customer.
The
is to find out what is wrong and what is needed to restore positive
relations with customers.
Customer service must emphasize the importance of
a customer complaint.
DONE
Answer:
1. Customer service mindset.
2. Goal of customer service.
Explanation:
Customer relationship management can be defined as a strategic process which typically involves combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Thus, this set of employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.
This ultimately implies that, customer relationship management is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers.
The fundamentals of customer relationship is mainly focused on improving sales support, creating efficient and effective marketing communications, technical assistance and customer service, so as to bring great level of satisfaction to the customers.
Customer service refers to the overall collection of interactions existing between a company and the customers who have purchased its goods and taken its services in the past or potential customers who may do that in the future.
1. Customer service mindset is the ability of a customer care representative to remain positive and focused on proffering a solution to customer-related problems, so as to make a customer feel happy and satisfied based on their interactions with the company.
2. The goal of customer service is to ensure customer care representatives find out what is wrong with a particular customer and what action is needed to restore positive relations with the customer. A good customer service must emphasize the importance of a customer complaint.
In conclusion, the degree of satisfaction received by customers throughout their lifecycle is largely dependent on customer relationship management.
Answer:
The person below me got it right, but the third answer is "responding promptly to"
Explanation: I just did it lol
Ajax Lighting manufactures and sells street and parking lot lights, such as those on the Fayetteville trail system. Ajax has the best LED lighting technology in the industry. It is a significant competitive advantage. There are only two other companies in the nation that make competitive products. Growth in this industry is about 2% a year or less. Ajax can enjoy sustained competitive advantage because they are in a _________ market
Answer: slow cycle
Explanation:
Based on the information given, Ajax can enjoy sustained competitive advantage because they are in a slow cycle market.
Slow-cycle markets refers to the markets whereby the competitive advantages of a firm are protected from imitation, which is usually for long periods of time and in this scenario, imitation is usually costly. Therefore, in this market, competitive advantages are usually sustainable
Sean, Pete, Tom, and Mark formed a partnership to start a water damage restoration business. Each partner has a 25% interest, and all debt and profits are shared equally among the partners. Sean contributed cash of $20,000 and property with a FMV of $130,000, a basis of $80,000, and a mortgage of $50,000. Pete contributed services. Tom contributed cash of $50,000 and property with a FMV of $60,000, a basis of $40,000, and debt of $10,000. Mark contributed cash of $25,000 and property with a FMV of $95,000, a basis of $85,000, and debt of $20,000. All debt was assumed by the partnership. Which partner has a basis in partnership interest of $95,000
Answer:
Pete
Explanation:
In a partnership ( limited ) as seen in the question, The general partner has an unlimited liability to debt owed by the partnership to its creditors hence he will bear the highest proportion of the basis in partnership interest. which is $95,000
A general partner runs the partnership business by providing services that will keep the partnership going ( i.e. runs the business on behalf of other limited partners )
Sunland Company is considering the replacement of a piece of equipment with a newer model. The following data has been collected:
Old Equipment New Equipment
Purchase price $312000 $512000
Accumulated depreciation 124800 - 0 -
Annual operating costs 411000 354000
If the old equipment is replaced now, it can be sold for $85000. Both the old equipment’s remaining useful life and the new equipment’s useful life is 5 years. The company uses straight-line depreciation with a zero salvage value for all of its assets.
The net advantage (disadvantage) (net effect on current year net income) of replacing the old equipment with the new equipment is (don’t consider annual operating costs in the computation)
A. $(99000)
B. $124800`
C. $85000
D. $(17400)
Answer:
D. $17,400
Explanation:
The infant-industry argument a. has the support of most economists. b. is based on the belief that protecting industries when they are young will pay off later. c. is based on the belief that protecting industries producing goods and services for infants is necessary if a country is to have healthy children. d. is an argument that is advanced by advocates of free trade.
Answer:
b. is based on the belief that protecting industries when they are young will pay off later.
Explanation:
The infant-industry argument is an international trade theory meant to protect industries in their early stages of development from competition from foreign firms. it is not advanced by advocates of free trade.
the theory postulates that infant indtureist be protected from competiton by various tariffs and laws that would discourage import
There are two methods to determine the Golden Rule capital level, looking at steady-state: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices consumption per worker or comparing the marginal product of capital to the saving rate. consumption or comparing the marginal product of capital to the depreciation rate. output per worker or comparing the marginal product of capital to the saving rate. output per worker or comparing the marginal product of capital to the depreciation rate.
Answer:
consumption or comparing the marginal product of capital to the depreciation rate.
Explanation:
The two methods that measures the capital level of the golden rule is the consumption or it should compared the capital marginal product with the depreciation rate. As the golden rule capital level shows the leval in which the consumption made in the steady rate should be maximized
So for this the above option should be considered
Therefore the other options are wrong
Monetarists believe that changes in the supply of money Question 24 options: do not affect aggregate demand. affect aggregate demand through the loanable funds market only. affect only the investment component of aggregate demand. affect aggregate demand directly.
Answer: affect aggregate demand directly.
Explanation:
Monetarists believe that money supply is very important in determining the economic growth of an economy and this is why they advocate for monetary authorities to get involved in the monetary system in order to guide the growth of the economy.
To monetarists, the supply of money influences consumption as well as investment and so directly affects aggregate demand because both consumption and investment are components of aggregate demand. For instance, an increase in money supply increases both consumption and investment and so increases aggregate demand.
Ptarmigan Company produces two products. Product A has a contribution margin of $289.20 and requires 12 machine hours. Product B has a contribution margin of $221.40 and requires 9 machine hours. Determine the most profitable product assuming the machine hours are the constraint. If required, round your answers to two decimal places. Contribution margin per machine hour: Product A $fill in the blank 1 Product B $fill in the blank 2 Product is the most profitable.
Answer:
Product B
Explanation:
Calculation to determine the Product that is most profitable.
Product A Product B
Contribution margin per unit $289.20 $221.40
÷ Machine hours 12 machine hours 9machine hours
Contribution margin per bottleneck hour 24.1 24.6
(Product A= 289.20/12=24.1)
(Product B =$221.40/9=24.6)
Therefore based on the above calculation PRODUCT B is the most profitable
PLZ HELP 40 POINTS! Task 2
Online Security
Online privacy and data security are a growing concern. Cybercrime is rampant despite the various security measures taken.
Mention five tools to safeguard users against cybercrime. How do these tools help decrease crime?
Provide the details of how each of these tools work.
Describe how these tools are helping to restrict cybercrime.
Answer:
1. Keep everything up to date
Many breaches, including the 2017 one at the Equifax credit bureau that exposed the financial information of almost every American adult, boil down to someone leaving out-of-date software running. Most major computer companies issue regular updates to protect against newly emerging vulnerabilities.
2.Use strong, unique passwords
Remembering passwords, especially complicated ones, isn’t fun, which is why so much work is going into finding better alternatives. For the time being, though, it’s important to use unique passwords that are different for each site, and not easy-to-hack things like “123456” or “password.”
3. Enable multi-factor authentication
In many situations, websites are requiring users not only to provide a strong password but also to type in a separate code from an app, text message or email message when logging in. It is an extra step, and it’s not perfect, but multi-factor authentication makes it much harder for a hacker to break into your accounts.
Hey ur another answer
Explanation:
I hope this will help you again
