The Federal Reserve establishes the Required Reserve Ratio (RR) as a percentage. (b) Banks often desire greater savings when interest rates are higher.
How do you determine the necessary reserve ratio?Simply dividing the amount of money a bank must keep in reserve by the amount of money it has on deposit yields the required reserve ratio. For instance, if a bank had to hold $500,000 in reserves along with its $10 million in deposits, the minimum reserve ratio would be 1/20, or 5%.
How much bank reserves are there?Key Learnings. The percentage of a commercial bank's deposits that it is required to retain in cash as a reserve in the event of a large number of client withdrawals is known as the reserve ratio and is determined by the central bank. The reserve ratio is a crucial monetary policy tool used by the Fed in the United States to enhance or lower the money supply in the economy.
To know more about reserve ratio visit:-
https://brainly.com/question/6831267
#SPJ4
Oriole Company borrows $86,400 on July 1 from the bank by signing a $86,400, 8%, 1-year note payable. (a) Prepare the journal entry to record the proceeds of the note. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Oriole Company borrows $86,400 on July 1 from the bank by signing a $86,400, 8%, 1-year note payable. The Journal entry will be debit : cash for 86,400 and credit : notes payable for 86,400.
The transactions pertaining to adjustment entries, opening stock, depreciation, accounting mistakes, etc. are documented in a general journal, which is a daybook or subsidiary journal. General journal entries may have invoices, copies of management reports, and journal vouchers as their source materials.
Prime entry books, also known as books of original entry, are journals because transactions were first recorded in a journal before being physically posted to accounts in the main ledger or a subsidiary ledger. It is the process of recording double entry bookkeeping transactions by debiting one or more accounts and crediting one or more other accounts with the same sum of money.
To know more about Journal here-
https://brainly.com/question/27159868
#SPJ4
a nike salesperson is informed by a retailer that ten pairs of shoes are damaged and cannot be sold. after looking at the merchandise, the salesperson determines the damage occurred during the packaging process. what should the nike salesperson do to handle this situation?
The salesperson determines that the damage happened during the packaging process, so Nike returns the product and issues a refund to deal with the issue.
What does it mean to be a salesperson and what it do?
A salesman or saleswoman is a person whose job it is to sell goods or services within a specific territory, at a store, or over the phone. Simply put, a salesperson builds a company's reputation while promoting its products or services. From the initial lead outreach to the actual purchase, they manage customer relationships and act as the primary point of contact.
What are main duties of salesperson and type of job is it?
Using persuasion to sell products and services to prospective customers. Examining the advantages and disadvantages of present and prospective clients. Maintaining productive business relationships to ensure future sales.
A sales position entails attempting to persuade clients to purchase a good or service. People who want to work in sales have a variety of job options available to them because many businesses rely on salespeople to market their products and services.
To know more about Salesperson visit:
https://brainly.com/question/2274339
#SPJ4
What is a reason one discounts future cash flows as part of the absolute valuation process.
The reason one discounts future cash flows as part of the absolute valuation process is Future profits are uncertain.
Realizes absolute value by discounting a company's projected cash flows to their present value. A company's absolute value helps investors determine whether the company's stock price is undervalued or overvalued. Estimating long-term future cash flows is the most difficult step in the absolute valuation process.
In doing so assumptions are made to predict the future performance of the stock. It is used to reflect the time value of money because the money received in the future is less valuable than money received today. Discount rates are also used to calculate the present value of a project or investment. It is the total present value of cash flows from a project or investment.
Learn more about Cash flows here:-https://brainly.com/question/24179665
#SPJ4
which of the following is the best example of a homogeneous good? group of answer choices new cars ice cream soft drinks wheat
At least two vaporous, fluid, or strong parts should be blended consistently across a homogenous combination.
What is a Homogenous combination?
A homogenous blend is one whose parts are equitably circulated all through the whole arrangement, whose creation is consistent, and which gives off an impression of being a solitary substance.
Models: A uniform mix of gases makes up air. A homogenous combination of table salt and water is known as a salt arrangement.
The flavorings, water, and sugar might meet up synthetically to create an answer, however, the carbon dioxide bubbles are not scattered similarly all through the fluid.
Hence, the Homogenous combination best depicts a Cold drink.
Learn more about Homogeneous good:
https://brainly.com/question/2469580
#SPJ4
everything else held constant, in the market for reserves, when the federal funds rate is 3%, lowering the discount rate from 5% to 4%
When the federal funds rate in the market for reserves is 3%, dropping the discount rate from 5% to 4% decreases the federal funds rate, everything else being equal.
What are federal fund rates?The Federal Open Market Committee's (FOMC) target interest rate is referred to as the federal funds rate (FOMC). The rate at which commercial banks overnight lend and borrow each other's surplus reserves is the aim.
The FOMC, the Federal Reserve System's decision-making body, convenes eight times a year to determine the target federal funds rate, a component of its monetary policy. This aids in fostering economic expansion.
Learn more about federal fund rates, from:
brainly.com/question/1236717
#SPJ1
T/F a management consultant estimates that the number of hours per day that employees will work and their daily pay of dollars are related by the equation . find at and interpret your answer.
A management consultant estimates that based on the given equation between the number of hours per day of h and their daily pay of p dollars, when a person do overtime for n hours, they will get an extra $1 in pay is TRUE.
From the case, we know that the relationship between the number of hours per day (h) and the employees' daily pay (p) could be rewritten in the perspective of the number of hours per day such:
40h⁵+4,000,000 = p³
h⁵ = p³ - 4,000,000
40
h⁵ = 1/40 p³ - 100,000
h = (1/40 p³ - 100,000)^(1/5)
When we use derivative method to solve dh/dp, the equation will be derivated based on p. Based on derivative concept, when f is a function of x, hence f'(x) measures the instantaneuos rate of change of f with respect to x. It could be said that f'(x) shows the rate of change of f, when x changes.
Related to the derivative concept, we know that h is the function of p given that the function h is being derivated to p. Hence h'(p) or dh/dp shows any changes in h, when p changes. dh/dp shows the extra hours a person need to work to earn an extra $1 in pay.
Learn more about Number of hours per day here: https://brainly.com/question/3732413
#SPJ4
Complete Question:
A management consultant estimates that the number h of hours per day that employees will work and their daily pay of p dollars are related by the equation 40h⁵+4,000,000 = p³. Find dh/dp at p = 20, a person will work for an extra n hours for an extra $1 in pay. T/F
data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile , and the share earned by the bottom quintile
Rose; Fell, A statistical measurement of how many people earn or receive different amounts of income, the distribution of income is just that.
What has changed in the United States' income distribution during the 1970s?Since the middle of the 1970s, income inequality has gotten progressively worse to the point where 90 percent of the population hasn't really experienced much income growth in real terms for the past 45 years, whereas those at the top of the distribution have experienced much, much faster income growth.
How has the distribution of income changed in the US?In other words, the top of the income distribution earned 13.53 times as much as the bottom, a rise of 4.9% from 2020. Additionally, the gap between the middle and bottom of the income distribution grew, going from 4.34 in 2020 to 4.52 in 2021, an increase of 4.0%.
To learn more about Distribution Of Income visit:
https://brainly.com/question/8325317
#SPJ4
The complete question is:
Data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile ______ , and the share earned by the bottom quintile _______
For the last 20 years, terry has made regular quarterly payments in the amount of $308 into an account paying 1. 5% compounded quarterly. If, at the end of the 20 year period, terry stops making deposits, transfers the balance to an account paying 5. 5% interest compounded annually, and withdraws a annual salary from the account, determine the amount that he will receive every year for 10 years. Round to the nearest cent.
$3,803.97 The amount that he will receive every year for 10 years. Round to the nearest cent.
Deposits? What do you mean?When we add money to your bank account, you make a deposit. You should deposit funds in a bank in order to accumulate savings and earn interest. A request bank is made for money with which you can withdrawal at any time. A deposit free is a long-term investment. You could also put up a deposit in exchange for the loan as collateral.
FV=PV(1+r)n
r= Interest Rate per annum
N= Period=Number of years
For Eg: Let Say We have Rs. 100, Interest rate or Inflation Rate(Technically Known as Discounting Rate)=10%, Year=1
Future Value = 100(1+10/100)1
Future Value= 100(1.1)=110
If We want to know value of money after 2 Years,
Future Value = 100(1+10/100)2
Future Value= 100(1.1)2
Future Value= 100(1.21)=121
Describe a deposit example:An amount maintained in such a bank account is known as a deposit. Demand deposits and fixed deposit are the two categories of deposits.
To know more about deposits visit;
brainly.com/question/2507231
#SPJ4
the exclusion amount for a purchased fixed-term annuity can be calculated by dividing the cost of the annuity by the total number of payments.
a. true
b.false
True, the cost of the annuity can be divided by the total number of payments to determine the exclusion amount for a purchased fixed-term annuity.
The statement is true.
What amount is paid out by a fixed annuity?Annuities provided an average return of between 3% and 4% at the time this article was written. This means that starting with the year you purchased the annuity, the annuity provider would compound interest on your annuity at a rate of, say, 3% annually.
A wise investment, fixed-term annuities?For those looking for low risk, lifetime income, and premium protection, fixed annuities make good investments. Another drawback for some may be that a fixed annuity does not provide any inflation protection.
To know more about fixed-term annuity visit:
https://brainly.com/question/29311342
#SPJ4
The service contract act was enacted to protect economies in the geographical areas where the contract is performed. From the following statements, select the correct statement pertaining to the Service Contract Act:
A) The Service Contract act applies to all service contracts performed in the US with an estimated value under $10,000.
B). The Contracting Officer determines prevailing wage rates on service contracts subject to the service contract act.
C) The Service contract act allows the COR to be the final authority for labor matters.
D) The department of Labor is responsible for the enforcement of the Service contract act
The service contract act was enacted to protect economies in the geographical areas where the contract is performed. The correct statement pertaining to the Service Contract Act is "The department of Labor is responsible for the enforcement of the Service contract act." Option (d) is correct.
What do you mean by Contract?A legally enforceable agreement between two or more parties known as a contract establishes, clarifies, and regulates the parties' respective rights and obligations.
Every agreement made by the United States or the District of Columbia with the primary aim of providing services in the US using service personnel is covered by the Service Contract Act.
Therefore, Option (d) is correct. The correct statement pertaining to the Service Contract Act is "The department of Labor is responsible for the enforcement of the Service contract act."
Learn more about Contract, here:
https://brainly.com/question/2669219
#SPJ1
Shannon Reeves and Tish Phillips remember their experiences with student protests in the 1960s. Shannon remembers seeing Jimi Hendrix at Woodstock, and Tish remembers burning her bra in front of the central administration building at Yale. These memories about cultural heroes and events are one of the chief characteristics of an age ________.
cohort
These memories about cultural heroes and events are one of the chief characteristics of an age cohort.
What does a cohort mean?A cohort is a group of people who have similar demographic traits or life experiences, such as age but not exclusively. Cohort effects are typically masked by age in cross-sectional research. Cohorts can be, for instance: individuals who had children in the same year. People who retire simultaneously.
What characteristics do cohort study have?The distinguishing characteristic of a cohort study is that the researcher selects participants at a time when they do not yet have the desired outcome and examines the occurrence of the desired outcome between groups of exposed and unexposed (or less exposed) people.
To know more about the cohort study, visit:
brainly.com/question/29654815
#SPJ4
An increase in the wage rate will A. shift the labor supply curve to the right. B. shift the labor supply curve to the left. C. cause an upward movement along the labor supply curve. D. cause a downward movement along the labor supply curve. E. have no effect on the quantity of labor supplied.
There will be a reduction in the amount of labor requested and an upward shift in the demand curve.
What will increase labor wages effect ?Inflation is brought on by wage increases since doing business becomes more expensive as wages rise.
Companies must raise their prices for their products and services to offset the cost increase and keep their profitability at the same level.
The quantity of work required will alter in response to changes in pay or salary. Employers will want to hire fewer workers if the pay rate rises.
Learn more about Labor wages here
https://brainly.com/question/14090792
# SPJ 1
Presented below is information related to Stellar Corporation for the current year. $ 609,300 1,499,300 Beginning inventory Purchases Total goods available for sale Sales revenue $2,108,600 2,415,000 Compute the ending inventory, assuming that (a) gross profit is 49% of sales, (b) gross profit is 60% of cost, (c) gross profit is 38% of sales, and (d) gross profit is 25% of cost. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answers to O decimal places, e.g. 28,987.) Ending Inventory (a) Gross profit is 49% of sales $ (b) Gross profit is 60% of cost $ (c) Gross profit is 38% of sales $ (d) Gross profit is 25% of cost $
a) Gross profit is 49% off Sales (2108600-2415000*51%) = 876950
b) Gross profit is 60% of Cost (2108600-1509375) = 599225
c) Gross profit is 38% off Sales (2108600-2415000*62%) = 611300
d) Gross profit is 25% of Cost (2108600-1932000) = 176600
Gross profit is the distinction between revenue and price of products sold (COGS), divided by sales. Gross margin is expressed as a percent. usually, it is calculated as the promoting charge of an object, much less the value of products offered (e. g. production or acquisition costs, no longer such as indirect fixed prices like office prices, hire, or administrative prices), then divided by the identical selling charge. "Gross margin" is regularly used interchangeably with "gross profit", but the phrases are specific: "gross profit" is technically an absolute monetary quantity, and "gross margin" is technically a percentage or ratio.
A gross margin is a form of profit margin, especially a form of profit divided by net revenue, e. g., gross (profit) margin, running (income) margin, net (profit) margin, and many others.
To learn more about Gross profit visit here:
brainly.com/question/18567528
#SPJ4
Monopolistic competition differs from perfect competition because in monopolistically competitive markets.
While perfect competition occurs when buyers and sellers are numerous, knowledgeable about the market, and sell homogeneous goods, monopolistic competition is a sort of imperfect competition in which a large number of sellers provide differentiated products that are not perfect replacements.
What is a monopoly?A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces. A market arrangement known as a monopoly has just one seller or producer. A monopoly restricts the number of product alternatives accessible and makes it difficult for rivals to enter the market. Monopolies may result in dishonest business practises. A monopoly has three key characteristics, which are: several buyers and a single vendor. No product that comes close to it. Strong obstacles to new enterprises' entry.
To learn more about monopoly click,
https://brainly.com/question/9330307
#SPJ1
consider the following cost information for a pizzeria
The essential rule that makers utilize to figure out what blend of work and capital conveys yield at the least expense is cost minimization. Cost minimization is the primary guiding principle that producers use to determine which combination of labor and capital produces the most output at the lowest cost.
a) Because the total cost less the variable cost, the fixed cost is $300.
At a result of nothing, the main expenses are fixed expenses.
B) The change in total cost for each additional output unit is equal to marginal cost. Additionally, it is equivalent to the variation in variable cost for each additional output unit. As the quantity changes, the fixed cost does not change, so total cost equals the sum of variable cost and fixed cost. As a result, the increase in variable cost is proportional to the increase in total cost as quantity increases.
What is the formula for reducing costs?The marginal product of capital is equal to the marginal product of labor divided by the rental price of capital in the cost minimization formula.
To learn more about Cost minimization here
https://brainly.com/question/13069227
#SPJ1
17. Delivering a public information safety campaign is
A. Is not a role played by a PIO
B. Considered reactive PIO work
C. will always cost an agency budgeted funds.
D. Considered proactive PIO work
Delivering a public information safety campaign is considered proactive PIO work. (Option D)
What is PIO?The PIO (Public Information Officer) is in charge of informing the public and the media about incidents and working with other agencies as needed to coordinate information needs. Information on the incident must be developed and disseminated by the PIO to the news media, incident personnel, and other pertinent agencies and organizations. Each incident should have a lead PIO who may be assisted by supporting PIOs from other responding agencies or jurisdictions as needed, depending on the scale or complexity of the incident.
In conclusion, the PIO is the person in charge of liaising with the public, the media, and/or other agencies as required.
Learn more about PIO here: https://brainly.com/question/17166924
#SPJ1
FITB campaigns will sometimes hire actors who pretend to be concerned citizens at corporate or government meetings where they present false testimonials.
This claim is untrue. Sometimes, astroturfing campaigns will use actors to offer fabricated testimonies at business or governmental meetings while they pose as concerned individuals.
What is an astroturf campaign?Astroturfing is the use of phony grassroots efforts to alter public opinion. These campaigns are frequently funded by businesses and governments.In essence, "false grassroots" movements are what astroturfing is. It is a planned effort intended to elicit widespread support for a cause, concept, movement, product, etc. Its name comes from the kind of artificial turf known as Astroturf, which is frequently used in sporting events in place of actual grass.
What separates lobbying on AstroTurf from grassroots lobbying?True grassroots activity often tends to be resource-rich but cash-poor, in contrast to astroturf operations, which are frequently people-poor but cash-rich. The lobbyists in charge of this activism often work for non-governmental groups and political PR agencies.
Learn more about astroturfing campaigns: https://brainly.com/question/23535638
#SPJ4
Maxie's Game World sold games to a customer on credit for $4,400, terms 1/10, n/30 and the cost of the games was $3,500. When recording the sales transaction in its sales journal, Maxie’s would enter: What is the correct answer?
Multiple Choice
a) $3,500 in the Accounts Receivable Dr./Sales Cr. column and $4,400 in the Cost of Goods Sold Dr./Inventory Cr.column.
b) $4,400 in the Accounts Receivable Dr./Sales Cr. column and $3,500 in the Accounts Payable Dr./Purchases Cr. column.
c) $4,400 in the Accounts Receivable Dr./Sales Cr. column and $4,400 in the Cash Cr. column.
d) $4,400 in the Accounts Receivable Dr./Sales Cr. column and $3,500 in the Cost of Goods Sold Dr./Inventory Cr. column.
e) $3,500 in the Accounts Receivable Dr./Sales Cr. column and $4,400 in the Other Accounts Dr. column.
Maxie’s would enter $4,400 in the Accounts Receivable Dr/Sales Cr. column and $3,500 in the Cost of Goods Sold Dr/Inventory Cr. column.
Money owed to a business in the near future is represented by the asset account known as accounts receivable (AR) on the balance sheet.When a business permits a customer to pay on credit for its goods or services, accounts receivable are produced.Accounts payable are similar to accounts receivable, but they represent money that is owed as opposed to money that will be received.The accounts receivable turnover ratio or days sales outstanding can be used to determine the strength of a company's AR.It is possible to conduct a turnover ratio analysis to determine when the AR will actually be received.The term "accounts receivable" refers to any unpaid invoices or cash that a business is owed by customers.Learn more about Accounts receivable, here
https://brainly.com/question/24261944
#SPJ4
Jim's Camera shop sells two high-end cameras, the Sky Eagle and Horizon. The demand for these two cameras are as follows (DS = demand for the Sky Eagle, Ps is the selling price of the Sky Eagle, DH is the demand for the Horizon and PH is the selling price of the Horizon): Ds = 215 - 0.6PS + 0.25PH DH = 270 + 0.1Ps - 0.55PH The store wishes to determine the selling price that maximizes revenue for these two products. Develop the revenue function for these two models. Choose the correct answer below.
Find the prices that maximize revenue. If required, round your answers to two decimal places. Optimal Solution: Selling price of the Sky Eagle (Ps): $
Selling price of the Horizon (PH): $
Revenue: $
The revenue is produced by the product of pricing and demand: Sky Eagle's revenue function is RS = 229 PS - 0.60 PS2 + 0.35 PSPH, while Horizon's revenue function is RH = 269 PS + 0.10 PSPH - 0.64 PS2.
Where does the maximum amount of revenue occur?The point at which revenue is maximized is when marginal revenue is equal to 0. It happens in our situation when the 6 qty are sold. At this moment, total revenue is likewise high. After this moment, even if the quantity sold is increased, the revenue will not be at its highest.
The variables mentioned are;
DS = 229 - 0.60 PS + 0.35 PH is the demand function for the Sky Eagle.
The DH = 269 + 0.10 PS - 0.64 PH demand function for the Horizon
The quantity demanded is given by the aforementioned demand functions: Consequently, the following is the revenue function, which is obtained by multiplying the price by the demand function:
RS = PS * DS = PS * (229 - 0.60·PS + 0.35·PH) is equal to 229·PS - 0.60·PS² + 0.35·PS·PH
The revenue for Sky Eagle RS is calculated as follows: 229PS - 0.60PS2 + 0.35PSPH; Following are the revenue figures for Horizon:
The maximize revenue for Horizon, RH = 269·PH + 0.10·PS·PH - 0.64·PH².
To know more about Revenue visit:-
brainly.com/question/8645356
#SPJ4
emily purchased a building to store inventory for her business. the purchase price was $760,000. emily also paid legal fees of $300 to acquire the building. in march, emily incurred $2,000 to repair minor leaks in the roof (from storm damage earlier in the month) and $5,000 to make the interior suitable for her finished goods.
$572,045 cost basis,
computed as follows:
Purchase price $565,000
Improvements 6,300
Legal fees 745
The cost basis for the building is $572,045
improvement is the technique of aspect transferring from one country to a state considered to be higher, usually via a few motions supposed to bring about that higher kingdom. The concept of development is crucial to governments and corporations, as well as to people. The time period of "improvement" in a preferred manner is "sluggish, piecemeal, however cumulative betterment", which can discuss with both people and societies as an entire.
Learn more about Improvements here
https://brainly.com/question/13381607
#SPJ4
the equation of exchange part 2 a. is an accounting identity and is always correct. b. states that expenditures by some people equal income received by others. c. states that the money supply times velocity equals nominal national income. d. all of the above.
The equation of exchange provides the followings:
it is an accounting identity and is always correctits states that expenditures by some people equal income received by othersits states that the money supply times velocity equals nominal national income.Therefore, the Option D is correct.
What is an equation of exchange?In economics, an equation of exchange refers to an identity that shows the relationship between money supply, the velocity of money, the price level and an index of expenditures.
Stuart Mill derived "equation of exchange" based on earlier ideas of David Hume and says that the total amount of money that changes hands in the economy will always equal the total money value of the goods and services that change hands in the economy.
Read more about equation of exchange
brainly.com/question/14438393
#SPJ1
vango, inc. bought a new delivery van during the year. which of these costs should be expensed as ordinary repairs and maintenance? (check all that apply.)
As Vango, inc. bought a new delivery van during the year, the costs that should be expensed as ordinary repairs and maintenance includes:
B. $900 for cleaning the van during the year.D. $100 oil change on van.What are ordinary repairs and maintenance?In a company, an ordinary repairs and maintenance refers to those activities that owners or users of fixed assets are obliged to undertake periodically in order to be able to utilize such assets over their expected service lives.
These are the current costs that cannot be avoided if the fixed assets are to continue to be used. But, the owner or user of these assets cannot afford to neglect maintenance and repairs as the expected service life may be drastically shortened otherwise.
A maintenance and repairs cost do not change the fixed asset or its performance, but simply maintain it in good working order or restore it to its previous condition in the event of a breakdown.
Missing options " - $40,000 cost of the van - $900 for cleaning the van during the year - $2,000 paid to install shelves inside the van - $100 oil change on van"
Read more about fixed assets
brainly.com/question/24147620
#SPJ1
Other things the same, if the exchange rate changes from 41 Thai bhat per dollar to 35 Thai bhat per dollar, then the dollar has
a. appreciated and so buys more Thai goods.
b. appreciated and so buys fewer Thai goods.
c. depreciated and so buys more Thai goods.
d. depreciated and so buys fewer Thai goods.
Answer: depreciated and so buys fewer Thai goods.
Explanation:
If exchange rate changes from 41 Thai bhat per dollar -35 Thai bhat per dollar, then dollar has depreciated and buys fewer Thai goods. The appropriate response is option D.
What is exchange rate?The rate during which one currency can be exchanged for another is known as the exchange rate. Some exchange rates are linked or fixed to the value of a particular country's currency, however most exchange rates are floating and will increase or decrease depending on market supply and demand.
A currency's value declines when compared to other currencies, which is known as currency depreciation. Political unrest, interest rate differences, weak economic fundamentals, and investor risk aversion are a few examples of the causes of currency devaluation.
To learn more about the exchange rate
https://brainly.com/question/29562028
#SPJ2
Which of the following products or services is not subject to network effects?
a. Banking services
b. Snack chip manufacturing
c. Video game consoles
d. Social networks
e. Cell phone services
The product or service that is not subject to network effects is b. Snack chip manufacturing.
What products are affected by network effects?The products or services that will be affected by network effects such as slower networks, are all the services and products that use networks to work. Banks use networks to provide services, video game consoles need network for online play, and social networks need networks to be connected to.
Cell phone services are entirely offered over networks. Snack chip manufacturing on the other hand can be done without the need for networks.
Find out more on network effects at https://brainly.com/question/28059618
#SPJ1
which statement below is true concerning a perpetual iventory system
a. It allows for the determination of cost of goods sold after each sale.
b. It requires a physical inventory count to determine the cost of goods on hand.
c. Cost of goods sold is determined based on a physical count at the end of the period.
d. It is used infrequently due to the high cost of determining the cost of goods acquired.
It enables the assessment of the cost of products sold after each sale in a perpetual inventory system. Thus, the correct option is (a) It allows for the determination of the cost of goods sold after each sale.
What exactly is a perpetual inventory system?A perpetual inventory system, also known as a continuous inventory system, is an inventory system in which information on inventory amount and availability is updated on a continuous/real-time basis as a result of doing business. Most of the time, this is accomplished by connecting the inventory system to order entry and, in the case of retail, the point of sale system. Book inventory would be equal to, or nearly equivalent to, real inventory in this case.
To learn more about the perpetual inventory system, click
https://brainly.com/question/29376941
#SPJ1
What value does tracking and following-up on Expired Listings provide? --Provides the community a snapshot of marketing trends. --Provides an opportunity for personal contact with a property seller. --Provides little value because the property did not sell in the market. --Provides the Real Estate Board an opportunity to improve listing records.
The tracking and following-up on expired listings provide an opportunity for personal contact with a property seller.
What does expired mean in real estate listing?Properties that were on the market but didn't sell before the listing's expiration date are known as expired listings. Agents can obtain expired listing leads by locating or acquiring them, following up with them directly, or by using lead nurturing programs and advertising via email, SMS, and direct mail.
An "Expired" or "Cancelled" status indicates that there is no longer an active brokerage agreement or listing contract with the seller according to the Bright MLS Rules & Regulations. In the real estate industry, a property that didn't sell through the MLS is referred to as having an expired listing. It is essentially a property that is no longer active in the MLS since it did not receive a purchase agreement during its period or under the terms of a contract with a realtor.
To learn more about expired listing, visit:
https://brainly.com/question/28097118
#SPJ1
GDP and GNP are identical when a exports and imports exactly balance. b. all domestic production is by domestically owned producers and no foreign production is carried out by domestic producers. c. production by domestic producers in other countries is greater than production by foreign producers domestically. d. there are no taxes.
GDP and GNP are identical when all domestic production is by domestically owned producers and no foreign production is carried out by domestic producers. (Option B)
What is GDP and GNP?Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
The expenditure method can be used to calculate gross domestic product: Consumption spending + Investment spending + Government spending + Net export
Gross national product (GNP) is the gross domestic product less income of foreigners in a country plus income from nationals.
To learn more about GDP, please check: https://brainly.com/question/15225458
#SPJ1
c. 2. The basic goal of economics is to control the effects of government action. determine how to distribute all that is produced in an economy. address the scarcity problem created because the population's desire for goods exceeds the ability to produce them. match limited resources to people's limited wants and needs. control tastes and wishes so that there will be enough resources to produce all the goods and services that people want. 5. Kelly is an architect, and she is trying to decide whether to hire Lawrence, a draftsman, to assist with her work. Kelly could hire Lawrence at $20 per hour, but it would take him three times as long to complete a task as it takes Kelly, Kelly is able to earn S90 per hour and has more architectural jobs than she is able to handle. Which of the following is true? Kelly should not hire Lawrence because it would be faster for her to do the work herself. b. Kelly should do the drafting work herself because she has the lower opportunity cost. c. Lawrence should be hired at the $20 per hour wage rate. Lawrence should be hired, but only if he is paid more than $30 per hour. Kelly should hire someone who earns minimum wage instead of Lawrence. 6. Why would economists find it surprising if the CEO of a large company does his or her own housework? The opportunity cost of a CEO's time is quite high because they have an abundance of time to spend on housework. The opportunity cost of a CEO's time is quite low because they have a scarcity of time to spend on housework The opportunity cost of a CEO's time is quite low because they have an abundance of time to spend on housework. The opportunity cost of a CEO's time is quite high because they have a scarcity of time to spend on housework. The opportunity cost of a CEO's time is equal to that of everyone else that works at the same company. Refer to these figure to answer the questions 12 and 13.. Apple Pies 16 14+- 12-+-- PPF N 18 Blueberry Pies 11 15 pies. 14. The opportunity cost of increasing production of apple pies from 14 to 16 pies is a. 2 blueberry 14 apple 7 blueberry 4 blueberry 16 blueberry a. 15. As we move from points N to M to L, the opportunity cost of additional apple pie decreases due to the law of increasing relative cost. increases due to the law of increasing relative cost. decreases due to the law of normative economics. increases due to the law of marginal analysis. decreases due to enhancements in technology. 23. In a typical demand curve, the price elastie portion of demand is found in the _region and the price inelastie portion of demand is found in the region of the graph. middle; lower lower; upper c. upper; lower middle; middle None of these choices are correct. 24. When the price of softballs is high, a in price will raise total revenue. When the price is low, the seller should the price to increase total revenue. decrease; raise b. rise; raise c. decrease; decrease rise; decrease decrease; not change d.. 25. When her income falls from $50,000 to $20,000, Arianna increases her monthly purchase of hamburger from 20 pounds to 35 pounds. From the midpoint method, Arianna's income elasticity of demand for hamburgers is -1.57 - 0.63 0.54. -0.85. 1.57
The basic goal of economics is option C: address the scarcity problem created because the population's desire for goods exceeds the ability to produce them.
The option that is true regarding Kelly is option c. Lawrence should be hired at the $20 per hour wage rate.
What is the economy about?Price stability, economic growth that outpaces population growth, low resource unemployment, and equitable wealth and income distribution are the four basic economic objectives. Each country will make an effort to use its government to achieve this economic objective.
Maximizing the standard of living and achieving steady economic growth are the overarching objectives of macroeconomics. The goals are backed up by other objectives including reducing unemployment, boosting productivity, and reducing inflation, among others.
Therefore, Economic development aims to raise the absolute level of per capita incomes in order to raise the material standards of living. The governments of all emerging nations have indicated that one of their goals for policy is to increase per capita incomes.
Learn more about economics from
https://brainly.com/question/17996535
#SPJ1
Which of the following was not identified in the textbook as one of the day-to-day challenges involved with growing a firm?
A) Cash flow management
B) Channel conflict
C) Capital constraints
D) Quality control
E) Price stability
Channel conflict was not mentioned in the textbook as a day-to-day problem of building a business. Thus, the correct option is (B) Channel conflict.
What is the meaning of Channel conflict?Channel conflict occurs when manufacturers offer their products directly to customers using general marketing means and/or the Internet, bypassing their channel partners such as distributors, retailers, dealers, and sales reps. When there is overproduction, channel conflict might arise. As a result, there is an excess of products. Newer product versions, changes in trends, wholesaler and retailer bankruptcies, and the distribution of defective items all have an impact on channel conflict. In this regard, a company's stock clearing plan is critical.
To learn more about Channel conflict, click
https://brainly.com/question/18686141
#SPJ1
what type of proposal is written to obtain funding from agencies that support worthwhile causes?
a. Grant Proposal
b. Informal Proposal
The purpose of a grant proposal is to secure financing from organizations that champion deserving causes.
What characteristics distinguish a strong grant application?A good grant application should be persuasive, straightforward, and brief. Be sure to provide the donor enough information so that they can understand your proposal and see that you've given it some thought, but avoid being overly verbose. Additionally, the story you include in your grant application should help the sponsor understand your initiative.
What does a grant serve as?Your ideas and initiatives to offer public services and boost the economy can be funded by the government through grants. Grants fund numerous programs included in the Catalog for Federal Domestic Assistance, including innovative research projects, crucial recovery measures, and others (CFDA).
to know more about grant proposal visit:
https://brainly.com/question/29417057
#SPJ4
