using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $55,000. if the balance of the allowance for doubtful accounts is an $11,000 debit before adjustment, what is the balance after adjustment?

Answers

Answer 1

$66,000 is the adjusted balance. One method credit card companies employ to estimate a cardholder's finance account is adjusted balance.

One of numerous ways used by credit card companies to determine a cardholder's finance charge is the adjusted balance. The latter is the cost incurred when a cardholder doesn't pay their entire balance by the due date of each month, choosing instead to carry a load from month to month.

The current billing cycle's payments and credits are deducted from the prior balance at the end of the previous billing cycle when determining your financing charge using the adjusted balance method. The adjusted amount does not include any new charges that are accrued during the billing period.

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Related Questions

failing to appropriately will result in too many employees doing the same work and prevent the new firm from realizing the cost synergies it anticipated. a. downsize b. buy out c. downscope d. spin off

Answers

The correct option is A. If downsize is not done properly, there will be too many employees working the same job, which would hinder the future company from reaching the projected cost synergies.

What are the two different forms of work?

You can hire someone on a fixed-term or fee basis for a predetermined period of time or to carry out a specified duty, such as to work on a given project or fill in for an employee on leave.

Which professions are the most common?

The three categories below may be used to identify the kinds of labor that have been done. The three sorts are positive employment, dismal work, and zero work. The ratio of force and displacement defines the kind of work that is done. Good number of occupations when an applied force moves an object inside that direction.

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alphabet company, which uses the periodic inventory method, purchases different letters for resale. alphabet had no beginning inventory. it purchased a thru g in january at $9.00 per letter. in february, it purchased h thru l at $11.00 per letter. it purchased m thru r in march at $12.00 per letter. it sold a, d, e, h, j and n in october. there were no additional purchases or sales during the remainder of the year. if alphabet company uses the weighted average method, what is the cost of its ending inventory? (round the per unit cost to two decimal places and then round your answer to the nearest whole dollar.)

Answers

Using weighted average method, the cost of its ending inventory is $67.

Ending inventory = 5.56* 12 = 67

Weighted average method:

The weighted average considers the relative frequency or relevance of particular variables in a data set.

Sometimes a weighted average is more precise than a basic average.

In a weighted average, the allocated weight is multiplied by each data point value, which is then added together and divided by the total number of data points.

Because of this, a weighted average can increase the accuracy of the data.

Investors in stocks use a weighted average to keep track of the cost basis of the shares they have acquired over time.

A weighted average, as opposed to a basic average, takes into account the relative weight or contribution of the items being averaged. As a result, it assigns more weight to the average items that happen relatively more frequently.

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e.what if the central bank abandons inflation targeting and creates inflation of 10 percent by printing money. if agents (consumers) even after several periods expect that inflation will continue to be 8 percent, what will be the unemployment rate? are agents being rational? why or why not? if agents have adaptive expectations, what will be the expected inflation rate and the unemployment rate in the next period?

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Unemployment Rate in the United States is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts’ expectations.

Are agents being rational?

A rational agent or rational being is a person or entity that always aims to perform optimal actions based on given premises and information. A rational agent or rational being is a person or entity that always aims to perform optimal actions based on given premises and information. A rational agent can be anything that makes decisions, typically a person, firm, machine, or software.  One widely used gauge of market-based inflation expectations is known as the 10-year breakeven inflation rate. The breakeven rate is calculated by comparing 10-year nominal Treasury yields with yields on 10-year Treasury Inflation Protection Securities (TIPS), whose yield is tied to changes in the CPI. A rational agent or rational being is a person or entity that always aims to perform optimal actions based on given premises and information.

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look at the data. if the bank of springfield is holding on to no excess reserves, and all other banks have the same reserve ratio, then what is the value of the money multiplier?

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the value of the Multiplier is 12.5

What is reserve ratio?

According to the instructions of the central bank, the reserve ratio is the portion of deposits that commercial banks must retain in cash.

Reserve Ratio = Reserves / Deposits = 19,200 / 240,000

= 0.08

= 8%

Multiplier = 1 / Reserve Ratio

= 1 / 0.08

= 12.5

Therefore the value of the Multiplier is 12.5

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one country on the top-ranking and one country on the bottom ranking of the gdp(nominal) and reasons

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Answer:

There are common factors which work in economy making either an economy to be a top ranking GDP or bottom ranking GDP. Following are the factors.

1. Investment- If the investment by the individuals takes place in regular mode takes place in an economy then the rise in GDP can be seen and if the vice versa happens the GDP falls.

2. Standard of Living- If the unemployment rate is low in the economy and based on employment level the demand does not fall in the economy then a GDP of an economy rises.

3. Government Expenses- If the government is making expenses to maintain the demand and the production level in the economy then the GDP of the economy can rise and if it all does not happen then GDP can fall.

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Explanation:

which key strategic leadership action plays a key role in influencing how the firm conducts its business and regulates and controls employees' behavior?

Answers

How to Maintain a Successful Organizational Culture Strategic leadership action has a significant impact on how the company runs its operations and governs and controls employee behavior.

Which of the following describes strategic leadership's objective?

The major goals of strategic leadership are to improve strategic productivity, foster creativity, and create an environment that motivates staff to work hard, act independently, and advance their own ideas.

What are the three phases of developing a leader?

leadership's three phases- We are moving past the first stage of leadership. Let's examine the initial level of leadership, which focuses on action. building the conditions for excellence, from 2 to 3. In the third level, multifunctional leadership is discussed, the drive to increase.

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assume that there were multiple offers the iuros were considering before accepting the redemanns' offer. what may the agent disclose to potential offerors if the iuros have not specifically instructed the agent otherwise? a) the loan terms of any competing offer b) the names of other offerors c) that the iuros are considering more than one offer d) the sales price of any competing offer

Answers

The Correct Option is C.

That the iuros are considering more than one offer.

Offer

The investigation of the functioning of the offer and acceptance is a conventional technique in contract law since they are usually acknowledged as necessary conditions for the formation of a contract.

The offer and acceptance formula, which was created in the 19th century, pinpoints the point at which the parties come to an agreement. Developments in the law of estoppel, deceptive trade practices, false statements, unjust enrichment, and the power of acceptance have altered the traditional method of contract creation.

An offer, according to Treitel, is " an statement of readiness to contract on specified terms, made with the idea that it shall become enforceable upon acceptance by the party to whom it is directed, the "offeree," as soon as it is accepted."  

An offer is a declaration of the conditions under which the maker is willing to be held accountable. The offeree and the present contractual agreement want to be bound by a written agreement that contains specific and precise terms.

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in what way does ias 16 (property, plant, and equipment) differ from u.s. gaap concerning fixed asset measurement subsequent to initial recognition?

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There are significant discrepancies between the GAAP regulations codified in ASC Topic 360 and the IFRS rules written in IAS 16 in the field of fixed assets and the resulting depreciation. The cost method is the sole technique to originally report a fixed asset under GAAP.

What are GAAP and IAS 16?

IAS 16 permits both upward and downward revaluation of fixed assets, however US GAAP permits only upward revaluation. IAS 16 allows for asset revaluation based on fair value to be performed. Each asset type must be revalued on an annual basis. Property, plant, and equipment are initially measured at cost, then measured again using a cost or reval­u­a­tion model, and de­pre­cia­ted such that its de­pre­cia­ble amount is distributed sys­tem­at­ically during its useful life. IAS 16 was reprinted in December 2003 and is effective for fiscal years beginning on or after January 1, 2005.

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in a world ever sensitive to social and environmental issues, more and more firms are embracing csr and sustainability. such firms are more likely than not to . a. develop closer relations with foreign stakeholders to better understand their needs and work jointly toward solutions b. minimize their contribution to the local community in order to maximize profits c. be reluctant to hire managers from around the world d. favor region-specific csr standards to global csr standards for foreign operations

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Firms embracing csr and sustainability are more likely than not to:

A) Develop closer relations with foreign stakeholders to better understand their needs.

Define CSR and sustainability in a firm.

CSR refers to a company's responsibility for its social effect. This encompasses social, environmental, and economic factors. CSR takes several forms depending on the firm. A manufacturer's CSR actions will differ from those of a store, and publicly traded firms face different problems than a family-run SME with deep roots in its region.

The capacity to maintain multiple systems and processes – ecologically, socially, and economically — across time is referred to as sustainability. Sustainability has its roots in natural resource economics, but it has subsequently gained broader currency in terms of sustainable development and social equity.

Hence, Firms embracing csr and sustainability are more likely than not to:

A) Develop closer relations with foreign stakeholders to better understand their needs.

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strategy is an integrated and coordinated set of commitments and actions to develop core competencies and gain a competitive advantage. b. core competencies are resources and capabilities that can be developed through r

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The goal of company strategy is to create core skills and acquire a competitive advantage. A coordinated and integrated set of promises and actions is a strategy. If a resource or skill is precious, uncommon, expensive to duplicate, and non-replaceable, it qualifies as a core competency.

What is strategy and example?

A company's strategy refers to its long-term goals as well as the strategy it has in place to reach those goals. In other terms, it serves as an example of the plan used to accomplish the stated objective. A tactic is a specific action that is carried out in order to achieve the goals set forth in the strategy. All common elements of strategy include establishing objectives and goals, selecting actions to achieve the goals, then allocating to carry out the tasks.

Why is strategy very important?

Our business's purpose is defined and given a set of values by our strategy. It facilitates our comprehension of what true success implies. It offers a route for our company, outlines our destination, and recommends helpful rest stops along the way. The secret to determining the most crucial components of a strategic plan is to select goals and objectives that maximize your potential while minimizing resource usage and risk.

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is also called procurement. a.purchasing management b.automation c.inventory management d.materials control e.quality control

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Purchasing management is also called procurement. The procurement is the term which means to buy or purchase products and services for the selling purpose.

The purchasing management is the management in which the business buys the products in the bundle or stock quantity for the re-selling purpose or to make their business products as taking the raw material or intermediate  goods or stocks.

The purchasing management is the management in which the small seller or shopkeeper become unite with the big organization or business to sell their products and give some profit at the end of the year.

The purchasing management is good for those seller who is not able to sell their products.

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the corporate charter of whispering winds corporation allows the issuance of a maximum of 100,000 shares of common stock. during its first two years of operations, whispering winds sold 61,300 shares to shareholders and reacquired 4,800 of these shares. after these transactions, how many shares are authorized, issued, and outstanding? whispering winds corporation is authorized to sell shares. whispering winds has shares issued. whispering winds has shares outstanding.

Answers

Luney Corporation has been granted permission to sell 100,000 shares. Luney has issued 70000 shares. Luney has 63000 shareholdings in circulation.

What exactly do users mean by "shares"?

Shares are equity ownership units in a corporation. Shares arise as a capital product for some companies, providing for an equitable split of any residue left profits, if any are proclaimed, in the dividend form. Stockholders of a shares that doesn't pay dividends are not entitled to a profit distribution.

What are the various kinds of shares inside a limited partnership?

Ordinary stock.Non-voting stock.Preferences are distributed.Shares that are redeemable.

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silver futures contracts are based on 5,000 troy ounces and are priced in dollars per troy ounce. a closing report displays these prices for a december contract: open 19.435, high 19.450, low 19.025, and settle19.119. what is the closing value for one december futures contract on silver?

Answers

The closing value for one December futures contract on silver is $96,500.

Calculation:

We see that the closing value for one futures contract on silver=Settle*contract size = 19.119*5000

= 95595.00

The closing price is the raw price or present value of the last trading price of a security before the market is officially closed for normal trading. The closing price is calculated by dividing the product total by the total number of shares traded in the 30-minute period.

Closing price generally refers to the last price at which a stock was traded during a normal trading session. The closing price is a useful marker that investors can use to measure changes in stock prices over time. Even in the age of 24-hour trading, all stocks and other securities have a closing price which is the closing price traded during normal market hours on a given day.

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for years, some foreign firms hesitated to send women managers on foreign assignments to countries, such as , because the firms assumed the women would not be accepted in the culture that frowned on women working outside the home. a. canada b. england c. australia d. japan

Answers

The correct answer is option D that is for years, some foreign firms hesitated to send women managers on foreign assignments to countries, such as, Japan.

This was because the firms assumed the women would not be accepted in the culture that frowned on women working outside the home.

A deeper failure to eradicate or even fight a discriminatory culture that makes it practically impossible for women to progress a profession while raising a family is concealed by Japan's narrowly construed success in integrating women into the workforce.

With a bipolarization of working hours among female employees, the gender difference in Japan's workplace is still clearly visible, casting a fresh shadow over the country's economy's faltering expansion. Women are increasingly making up the workforce in Japan as a whole.

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which of the following is an example of an automatic stabilizer? group of answer choices new environmental regulations increase the number of citizens out of work. social security taxes are raised. congress cuts taxes. economic growth increases budget surplus. congress increases the minimum wage.

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The example of an automatic stabilizer is social security taxes are raised. congress cuts taxes.

Automatic stabilizers are functions of the tax and transfer structures that mood the financial system when it overheats and stimulate the economic system while it slumps, without direct intervention by way of policymakers. automatic stabilizers offset fluctuations in economic interest without direct intervention via policymakers.

Computerized stabilizers are a type of fiscal coverage, that's desired by way of Keynesian economics as a device to combat economic slumps and recessions.

The number one gain of the automatic stabilizers is: they require no new legislative movement, so there is no legislative lag before these gear reply to fluctuations in the commercial enterprise cycle.

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according to the resource-theory of the firm discussed in mcnett's article the ethics of workplace diversity, the main reason for an organization to have a more diverse workforce would be

Answers

To draw in the most exceptional and varied talent that can give one a competitive edge in various areas.

How do you define resource-based theory?

According to resource-based theory, a corporation is best positioned for long-term success if it has access to valuable, uncommon, difficult-to-replicate resources. These strategic resources can act as a springboard for developing solid competencies that, over time, may result in improved performance.

What does the word "resources" mean?

It means a source of supply or support—an option. A natural source of riches or income; generally used in the plural. Frequently used in the plural.: a natural phenomenon or feature that improves the standard of living for people.

The original question is:

According to the resource theory of the firm discussed in McNett's article the ethics of workplace diversity, the main reason for an organization to have a more diverse workforce would be _______.

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last year, fullerton enterprises had average inventories (raw materials, work-in-process, and finished goods) of $7.5 million. during this same year, the cost of goods sold was $30 million. the company operates 50 weeks per year. what is their inventory turnover? turns (enter your response rounded to two decimal places.)

Answers

The $30 million cost of products sold. The business is open 50 weeks a year. The turnover of their inventory is 12.50.

What does the term "turnover" mean?

Accounting's idea of turnover demonstrates how quickly a corporation does business. The bills receivable and inventories ratios are the two most used approaches to determining an industry's turnover. The amount of a portfolio sold in a particular month or year is known as turnover in the investment world.

How is turnover rate determined?

The quantity of terminations within a given period is divided by the initial employee count to determine the turnover rate. If we have 250 people at the beginning of the year and 10 of them leave their jobs during that time, our turnover rate is 10/200, or 0.05.

Briefing:

Inventory turnover rate = cost of items sold / ( average inventory )

=(30)/(7.5)

=4.00

Weeks on hand = (week of operation)/ (inventory turnover rate)

=(50) / (4)

=12.50

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why might it be better to lean against credit-driven bubbles rather than just clean up after other types of asset bubbles burst?

Answers

Although there is less collateral damage when an asset bubble collapses than when a credit-driven bubble does, macroeconomic coverage failure occurs when a credit-driven bubble does in a financial system.

When a bubble bursts, the price decrease that follows causes unsustainable investment schemes, especially but not exclusively speculative and/or Ponzi investments, to fail. This consumer and investor confidence crisis could during a bubble, investors keep pushing an asset's price higher than.

Eventually, when prices fall and demand declines, the bubble "bursts." As a result, consumer and business expenditures are typically reduced, which may cause the economy to slow down.In light of the information provided.Compared to a credit-driven bubble, there is less collateral damage when an asset bubble explodes.

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ex 8. on january 1, 2016, jason company issued $5 million of 10-year bonds at a 10% coupon interest rate to be paid annually. what was the issuance price of the bonds if the market rate of interest was 8%? a. $5,000,000. b. $5,670,000. c. $5,387,500. d. $5,712,500. hint: bond issue price

Answers

The issuance price of the bonds of $5 million of 10-year bonds at a 10% coupon interest rate to be paid annually if the market rate of interest was 8% was b. $5,670,000.

What is the issuance price of bonds?

The issuance price of a bond is determined by its present value.

To determine the present value, we input the following parameters onto an online finance calculator.

N (# of periods) = 10 years

I/Y (Interest per year) = 8%

PMT (Periodic Payment) = $500,000

FV (Future Value) = $5 million

Results:

Present Value (PV) = $5,671,008.14

Sum of all periodic payments = $5,000,000 ($500,000 x 10)

Total Interest = $4,328,991.86

Thus, Jason Company's 10-year bonds' issuance price was Option B.

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hearth company uses the units-of-production method to estimate depreciation. the company purchased a new machine for $38,000 that will produce an estimated 230,000 units over its useful life. the estimated residual value of the machine is $2,000. what is the depreciation rate per unit?

Answers

The depreciation rate per unit for Heatherbrae Co. is $0.133. The unit-of-production depreciation method estimates the depreciation expense per unit by dividing the depreciable amount by the estimated useful life of the asset.

For each period, the depreciation expense per unit is multiplied by the units of production to determine the period's total depreciation expense.

Data and Calculations:

Cost of machine = $48,000

Residual value = $4,000

Depreciable amount = $44,000 ($48,000 - $4,000)

Estimated useful life in units = 330,000

Depreciation expense per unit = $0.133 ($44,000/330,000)

Thus, the depreciation rate per unit for Heatherbrae Co. is $0.133.

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Which of the following is not a non-tariff barrier?
a. voluntary export restraint
b. health and product standards
c. enviromental protection law
d. ad-valorem duties

Answers

The one that is not a non-tariff barrier is option D. ad-valorem duties

What is a tariff barriers?

Tariff barriers refers to a barrier to trade between particular countries or specific areas involving nations which occurs in the form of abnormally excessive taxes levied by a government on imports or occasionally exports for purposes of protection, support of the balance of payments, or the raising of revenue.

Tariff barriers is also considered to be several tariffs or duties imposed on foreign trade transactions to impose trade restrictions. From the available options, ad-valorem duty is tariff barrier, while the others are non-tariff barriers to trade.

Ad-valorem duty is imposed on import goods as percentage of the total value of goods imported.

Therefore, the correct answer is as given above

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a company buys electronic components, assembles them into pcs, and then ships them to customers. in this case the electronic components are for the company. a.inputs b.processes c.products d.outputs e.services

Answers

A business purchases electronic parts put them together into computers, and then sends them to clients. In this instance, the company's inputs are the electronic components.

What is the name of the electronic component?

Other names for the same item include an electronic device, a circuit element, or an electronic component. a fundamental component, often a single package with two or more leads or metal contacts, of an electronic circuit

what are the types of electronic components available?

Diodes, resistors, transistors, capacitors, inductors, and resistors are some of the components that make it up. The components are linked together using conductive wires or traces. A circuit, however, can only be said to be finished if it forms a loop and begins and ends at the same location.

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When purchasing her new car, molly traded in her previous car, which was a buick in good condition. the dealer offered her 80% of the listed trade-in value for her car, giving her a total of $1,340.80. what was molly’s previous car?

Answers

The value of Molly's car, given the trade - in value and percentage of the previous car, can be found to be $ 1, 676

What is a trade - in value ?

The car that customers trade in when they purchase a new car from the dealership is known as a trade-in. The trade-in value that a dealer will typically offer for the car is almost always less than the market value that you could obtain by selling it privately.

A well-kept example of a well-liked model may be a trade-in, which the dealer can repair and resell on the used car lot for a profit. Second, the dealer is facilitating the customer's decision to purchase the new vehicle. Any other justification for accepting a trade-in entails extra work, extra expense, and unpredictability for the dealer.

The trade - in value for Molly's car can be found by the formula :

= Listed trade in value of Molly's car / Percentage of the car

= 1, 340.80 / 80 %

= $ 1, 676

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which closing best expresses a desire to satisfy the customer and signals confidence that the problem has been resolved?

Answers

By definition, buying signals are the actions potential customers take that indicate they're close to making a purchase.

What serves as signal for the buyer and sellers?Prices act as a signal to producers as well as consumers. Prices can help customers determine their willingness, ability, and ability to complete the purchase (demand), and they can help producers determine what to produce, how to produce, and for whom to produce. A "strong buy" indicates that the analyst thinks the underlying firm of the stock is currently enjoying or will shortly be experiencing positive financial performance and/or favourable market circumstances. The behaviours potential purchasers take that might suggest they're about to make a purchase choice are known as buying signals. Because they can help you focus on the most promising prospects, purchasing signals are particularly crucial for B2B sales and marketing teams because they can help you save time and close more deals.

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ryan is in the process of making critical decisions regarding production operations. he has been tasked with deciding to purchase a machine which will replace 7 employees or keep the 7 employees and train them to increase productivity. he needs an answer for the human resources team in two days. what concept is ryan facing?

Answers

Answer:

Explanation:

analytics

suppose at her current level of consumption, a person enjoys eating fruit three times as much as eating yogurt. the price of a serving of fruit is $2 and the price of a yogurt is $1. assume she is spending all of her income on these two goods. is the person spending her income (for these two goods) in a manner that maximizes her utrity?

Answers

No, the person should increase fruit consumption but  decrease yogurt's consumption.

What does income effect mean?

The income effect is a change in an individual's or economy's income and how that change affects quantity demanded. For example, John Doe needs more product after a pay raise because he has more disposable income.

How do you know if the income effect is positive or negative?

Common goods and services usually have a positive income effect. As income increases, so does demand. And when income falls, demand falls. If demand decreases as income increases, the good or service is likely to be inferior and is said to have a negative income effect.

What are the sources of income?

Salary income, Interest income, Dividend income, Profit income, Income from capital gains, rental income, Income from royalties.

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the proper level of government intervention is unclear when dealing with a monopoly. group of answer choices true false

Answers

When dealing with a monopoly, it's uncertain how much government should be involved. It is accurate to state what it is.

What exactly does Monopoly mean?

A monopoly is a market structure where one manufacturer or seller holds the majority of the market share in a particular industry or area. As they impede competition and restrict consumer alternatives, monopolies are opposed in free-market economies.

Please provide a monopoly example:

A corporation is said to have a monopoly if it offers a product solely and there are no close substitutes. A monopoly that is unregulated can control prices and dominate the market. Take Microsoft and Windows, DeBeers and diamonds, or your local natural gas company, as examples.

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how would you respond to a naysayer that says store business and concessions business will go down if we give out free hats and free food as part of group sales packages?

Answers

would let them know that it's a misconception Offering free food or drinks adds value to the customer without discounting products or services.

What is meant by products?

A product is anything that can be supplied to a market in order to satiate a customer's need or desire. In marketing, a product is an item, system, or service that is made accessible for consumer usage in response to consumer demand.Products are sometimes referred to as merchandise in the retail sector, and they are purchased as raw materials in the manufacturing sector before being sold as finished goods.A form of product that is also considered is a service.In project management, products are the formally defined project deliverables that include or assist in achieving the project's goals.Product liability may apply to hazardous goods, particularly physical ones that harm users or bystanders.

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what are the consequences of bad logistics management for a company? select all that apply. a more paperwork b problems with customer relations c higher costs d longer hours

Answers

The consequences of poor logistics management for company include:  customer relationship issues, higher costs and longer hours.

What leads to bad logistics?

Poor time management. Increased costs and hidden costs due to lack of knowledge. Disruption of operational processes. I don't have the right software for live tracking.

What impact will logistics have on company?

Successful logistics in business entails more effectiveness, lower costs, higher production rates, better inventory control, more efficient storage space utilization, higher levels of customer and supplier satisfaction, and better customer experiences.

What are the consequences of poor management for suppliers?

In short, poor supplier performance costs a company money, time, and reputation, increases the risk of customer churn, and can even threaten a company's viability. The impact on suppliers is also negative. Efforts to ensure performance regressions can be fixed.

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automatic stabilizers lead to changes in taxation and government spending as economic output varies. how do automatic stabilizers impact tax revenue and government spending during a recession? tax revenue will decrease and government spending will go up. suppose that the government is required to balance the budget. which is an appropriate discretionary approach during a recession, and what effect would it have to the economy? cut taxes to encourage consumer spending, which would minimize the effects of the recession. invest in public infrastructure that promotes employment and stimulates the economy. cut government spending to equal tax revenue, possibly magnifying the effects of a recession. increase government spending to stimulate the economy, causing an increase in overall aggregate demand.

Answers

Automatic stabilizers are mechanisms in the economy that automatically adjust fiscal policy (taxation and government spending) in response to changes in economic output.

During a recession, when economic output decreases, automatic stabilizers lead to a decrease in tax revenue and an increase in government spending.

The first option you provided, "cut taxes to encourage consumer spending, which would minimize the effects of the recession," is an example of discretionary fiscal policy, which refers to conscious decisions made by the government to alter fiscal policy in order to influence economic activity.

The second option you provided, "invest in public infrastructure that promotes employment and stimulates the economy," is also an example of discretionary fiscal policy.

The third option you provided, "cut government spending to equal tax revenue, possibly magnifying the effects of a recession," is not an appropriate discretionary approach during a recession, as it could potentially magnify the negative effects of the recession by reducing overall aggregate demand.

The fourth option you provided, "increase government spending to stimulate the economy, causing an increase in overall aggregate demand," is an appropriate discretionary approach during a recession, as it can help to stimulate the economy by increasing overall aggregate demand and potentially offsetting the negative effects of the recession.

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