A profit-maximizing monopolist will set its price along the elastic portion of its demand curve. Thus the correct answer is option 2.
What is monopolist?When any market is ruled and regulated by individual identity for a particular commodity or service is referred to as a monopolist. Due to the absence of alternatives and competition, the monopolist is able to set high prices because they have sufficient market power.
The decision that will maximise profits for the monopoly is to produce at the level of output where marginal revenue equals marginal cost. This market monopolist will set their prices based demand curve proportion of elasticity.
Therefore, option 2 along the elastic portion of its demand curve is the appropriate answer.
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Pros and Cons of Adjustable-Rate Mortgages
An adjustable-rate mortgage (ARM) is another common type of mortgage. Determine whether each factor is a pro or
a con of an ARM, and place it in the correct category.
Pros of Adjustable-Rate Mortgages
Cons of Adjustable-Rate Mortgages
lower interest rates possible
riskier than fixed-rate mortgages
low beginning interest rate
interest rates can be raised
higher payments possible
Correct!
The pros and cons of the Adjustable-Rate Mortgages are consistent payments and lower interest rates possible.
What is Mortgage?Mortgage refers to the agreement between the lender and the buyer which involves the exchange of the money.
When person and a lender enter into a mortgage, the lender is granted the power to seize your property if person are unable to pay back the loan amount plus interest. Mortgage loans are used to either purchase a home or borrow against an existing home's worth.
Adjustable-Rate Mortgages is the loan which is granted for the homes which depends on the market as it does not has the fixed rate of interest.
The ARS mortgage type offers comfortable consistent payments, and over time, reduced interest rates may be feasible. However, there is a chance that interest will grow, which could be a drawback.
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What employment positions at a hotel can also be found in almost any business?
Answer:
Manager
Assistant Manager
Janitor
Support Staff :))?
Explanation:
A country has a population of 20,000 people and a GDP of 50 million dollars. What is the per capita GDP of the country?
Answer:
$2500Explanation:
Given,No. of peoples living in a country = 20,000
GDP of the country is = 50 million dollars or $50,000,000
As we know,[tex]per \: capita \: gdp \: = \frac{country's \: total \: GDP }{country's \: total \: population} [/tex]
Therefore,The per capita GDP of the given country will be
[tex]= \frac{country's \: total \: GDP }{country's \: total \: population} [/tex]
[tex] = \frac{50,000,000}{20,000} [/tex]
= $2500
Henceforth,The per capita GDP of the given country is $2500 (Ans)
what two QuickBooks Online payroll subscription levels include QuickBooks time
QuickBooks Online Payroll Premium and Elite subscription levels include QuickBooks time.
What is QuickBooks Online Payroll Premium?QuickBooks Online Payroll Premium is an automated payroll solution that has the integrated features of time tracking that helps the business to grow.
It helps the employees to track their own time and set up their auto payroll.
Premium offers some additional features and HR support as well.
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Tintin Company Limited has recently undergone an extensive re-branding exercise and a new website has been created. As the Director of Human Resource Management, you have been tasked to look at the implications for individuals pursuing a career in Strategic Human Resource Management in an organization. Discuss and analyze the statement.
The Human Resource Management in an organization is important to improve business performance.
What is human resources management?It should be noted that human resources management simply means the strategic approach to the efficient management of people in an organization.
In this case, the Human Resource Management in an organization is important to improve business performance.
Also, they are important to uphold a culture that's inspires innovation.
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Why are taxes paid to local, state, and national governments in the United States? A. The national government has a difficult time collecting taxes from all citizens. B. The local and state governments use their taxes to pay taxes to the national government. C. Each level of government equally provides revenue for every service in the United States. D. Different levels of government provide different services that must be paid for by taxes. Reset Next
The taxes paid to different governments in the United States because different levels of government provide different services which paid for by taxes. Thus, the correct answer is D.
What is government?Government is refers as authority or association formed by the people of country and choose them to govern the country by maintain law and peace and providing better facilities of living.
The taxes paid to local government because with this tax, government earn revenue which they applied on different projects and provide resources for employment, safety and protection like police facility, hospitals and so on.
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The length of a picture is 18.25 inches shorter than twice the width. If the perimeter of the picture is 119.5 inches, find its dimensions.
An expression is defined as a set of numbers, variables, and mathematical operations. The length and the width of the picture are 33.75 inches and 26 inches, respectively.
What is an Expression?In mathematics, an expression is defined as a set of numbers, variables, and mathematical operations formed according to rules dependent on the context.
The length of a picture is 18.25 inches shorter than twice the width. Therefore,
L = 2W - 18.25 inches
If the perimeter of the picture is 119.5 inches, therefore, the perimeter of the picture is,
Perimeter = 2(L+W)
119.5 = 2(2W - 18.25 + W)
119.5 = 2(3W-18.25)
119.5 = 6W - 36.5
156 = 6W
W = 26
Now, the length of the picture will be,
L = 2W - 18.25
L = 2(26) - 18.25
L = 33.75 inches
Hence, the length and the width of the picture are 33.75 inches and 26 inches, respectively.
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Competitive markets generally give consumers and producers correct incentives when
A competitive market incentivizes its consumers and producers when the property rights are well-defined and enforced.
What is a competitive market?A competitive market is referred to as a condition wherein there are a large number of buyers and sellers in a market dealing in the buy and sell of a distinctive product.
Hence, option B holds true regarding a competitive market. The complete question has been attached as an image for better reference.
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Now consider the case of Purple Panda Industries. Many of Purple Panda Industries’s customers have expanded to India. Consequently, Purple Panda Industries has decided to expand its operations to India to better serve its customers. Purple Panda Industries has decided to go global in order to:
a. Diversify
b. Retain customers
c. Protect processes and products
The correct option is A. In the case of Purple Panda expanding its operations to India that's led to Diversification.
What is the meaning of Diversification?
A growth strategy known as diversification is expanding your business into a new market or industry while also developing a new product specifically for that market.
Thus, the expansion of Purple Panda operations in Indian markets led to the Diversification of its business because it is expanding that business into a new market or industry while also developing a new product specifically for that market.
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Attitudes are a person's lasting evaluations of objects
True false
Answer:
False
Explanation:
The foreign exchange department of Bank of America has a bid quote on Canadian dollars (C$) of C$1.1448/$. If the bank typically tries to make a bid-ask spread of 0.5 percent on these foreign exchange transactions, what will the ask rate have to be? (Round answer to 2 decimal places, e.g. 52.75.)
Based on the bid quote given on the Canadian dollar, and the bid-ask spread, the ask rate would be $1.15.
What is the ask rate?When given the bid-ask spread and the bid quote, the ask rate is:
= Bid quote x ( 1 + bid-ask spread)
Solving gives:
= 1.1448 x (1 + 0.5%)
= 1.1448 x 1.005
= 1.150524
= $1.15 2 d.p.
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Patrick and Kathy bought a home for $250,000 three years ago and sold it this year for $225,000. What is the deduction they can take for the loss on the sale?
$0
$2,500
20% of $25,000
60% of $25,000
The amount they can take as deduction for the loss on the sale of their home is; $0.
How much can they take as deduction for the loss on the sale?It follows that deductions can only be taken on losses incurred on the sale of property used for business or investment purposes.
Hence, since the item sold is their personal home, it follows that they cannot take any deduction on the loss on the sale.
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Which type of tax funds the salaries of public school teachers?
A. State income tax
B. FICA tax
C. Federal income tax
D. Local income tax
Answer:
c
Explanation:
A school is watching students as they enter the football game for students who are
dressed inappropriately. They estimate that 7% of all students are dressed
inappropriately. What is the probability that the first one dressed inappropriately will
be the 10th student checked? Round to 3 decimal places
The probability that the first student dressed inappropriately for the football game will be the 10th student checked is 3.182%.
What is probability?Probability refers to the chance that an outcome occurs given the possibility of many outcomes.
As a measure, probability represents the ratio of the outcomes from a set of equally likely outcomes.
Data and Calculations:Estimated proportion of students dressed inappropriately = 7%
Number of players for a football game = 22 (11 x 2)
Probability that the first one dressed inappropriately will be the 10th = 0.031818 (0.07 x 10/22).
Thus, the probability that the first student dressed inappropriately for the football game will be the 10th student checked is 3.182%.
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To what extent is there anything positive to be said for bureaucratic structures? Select a large-scale organization of your choice and suggest ways in which it displays characteristics of a bureaucracy
Answer:
Even though the bureaucratic structure has received a lot of criticism, it has some advantages. Accountability, predictability, structure and job security are just a few to mention. Furthermore, a bureaucratic culture is based on impersonal relationships, discouraging favoritism
There are three types of unemployment: frictional, structural, and cyclical. Which one is the worst for workers and what could they do to avoid it? Explain
Answer:
Over time, the economy experiences many ups and downs. That's what we call cyclical unemployment because it goes in cycles. Cyclical unemployment occurs because of these cycles. When the economy enters a recession, many of the jobs lost are considered cyclical unemployment.
For example, during the Great Depression, the
Answer:
Structural Unemployment is the most common type of unemployment. It is also the worst type of unemployment. Since it is caused by forces other than the business cycle, it is more permanent in nature compared to other types of unemployment.
Explanation:
Economists primarily focus on three types of unemployment: cyclical, frictional, and structural.
Understanding that business organizations can be extremely diverse, identify and explain management strategies to promote motivation and communication
Some management strategies to promote motivation and communication are encouraging group work and having effective communication channels.
Why are motivation and communication important?These two elements make sure employees give the best of themselves and can report/solve problems efficiently.
How to promote these elements?Some strategies that can be used are:
Group work: If employees work together in projects they are more likely to communicate; also, this increases motivation as work is shared.Communication channels: This makes employees they can easily and effective communicate with subordinates, colleagues and superiors in different situations.Learn more about communication in: https://brainly.com/question/22558440
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One week, Rachel earned $250. She spent $120 on food, $30 on miscellaneous items, and saved the rest.
If Rachel makes a pie chart showing how she spends her money, the central angle for the food sector would be
If Rachel makes a pie chart showing how she spends her money, the central angle for the food sector would be 172.8°
Calculations and ParametersGiven that the total angle in a pie chart is 360°
360° = $250
? =.$120
To find the degree/angle that would be used for a $120 spend would be
120×360= 43200
43200÷250
=172.8°
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In this assignment, you will research the cost of the first year at a two- or four-year college, depending on
the needs of your career choice. Using reference materials and Internet sites, you will collect information
about the college fees, housing, food, books, and about optional ways to pay for that year of college. In
addition, you will need to set up a savings plan. You will use a spreadsheet program to show your costs
for the first year of college and the monthly progress of your savings for the time until you go to college.
Useful references for gathering this information are at the end of this document. You will then present
your findings in a word document.
A sample savings plan for a college student based on the given requirements would be:
Daily savings: $500Weekly savings: $3,500Monthly savings: $14,000Yearly savings: $168,000It would 6 months of saving to get $84,000What is a Savings Plan?This refers to the financial plan that is made in order to sort a budget and set aside certain amounts of money to fund a particular thing.
Hence, we can see that the useful information to be used is:
(Yearly)
College fees: $30,000Housing: $24,000Food: $16,000Books: $12,000Total: $82,000Read more about savings and budget here:
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Why is it important to know about your digital footprint?
Answer:
A digital footprint is a visual record on where you went on the internet!Explanation:
Helps you choose and control what you leave online for others to find.
Hopefully this helps you <3
-Matthew
alternatives to commercial insurance
Explanation:
Labor and Economic Opportunity.
Bureaus & Agencies.
Workers' Disability Compensation Agency.
Insurance Requirements.
Group Funds - An Alternative to Commercial Insurance.
Normal profit is the return to the entrepreneur when economic profits are zero. determined by subtracting implicit costs from total revenue. determined by subtracting explicit costs from total revenue. the average profitability of an industry over the preceding 10 years.
Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.
When the business earns normal profits?A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.
Hence, Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. The correct statement is Option A.
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what are the three element of business equipment and resource?
Answer:
1.1 Identify and access business equipment or resources required to
complete task under direct instructions
1.2 Estimate quantities and resources correctly to complete the task
1.3 Check equipment for serviceability in accordance with equipment
instructions
2. Operate equipment
2.1 Operate equipment in accordance with manufacturer's specifications
and under direct instructions
2.2 Identify equipment faults accurately and take action to ensure
equipment is repaired in accordance with manufacturer's
specifications
2.3 Report repairs outside area of own responsibility to appropriate
persons
3. Maintain equipment or resources
3.1 Maintain equipment or resources to support completion of tasks under
direct instructions
3.2 Undertake maintenance to ensure equipment meets manufacturer's
specifications
3.3 Maintain records concerning equipment or resources under direct
instructions
3.4 Store equipment and resources under direct instructions
Explanation:
Which of the following describes the evaluation stage of the creative process?
generating alternative solutions and taking a break
defining the problem by looking for new angles and gathering others' opinions, feelings
and ideas
O allowing your subconscious to work on the problem and gaining new insight into the
solution
assessing the solution to make sure the idea is practicality
The correct option is D. Assessing the solution to make sure the idea is practical and best describes the evaluation stage of the creative process.
What is Evaluation?
Evaluation is the fourth stage out of five stages of a creative process during this stage validate your idea and weigh it against the alternative.
Thus, the validation of your idea and weighing it among the alternatives best describe an Evaluation.
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As a student of Business Ethics and a managing director of a multinational company, discuss five (5) factors
you will consider in managing the multi-cultural and diversified workforce in Ghanaian business organizations.
Some factors to consider when managing a multicultural and diverse workforce are:
CommunicationEthicConflict managementLearningInclusionHow to manage a multicultural team?It is essential that there are a series of policies and procedures that focus on organizational ethics, creating a culture that promotes diversity and individual values. The manager must be attentive to the needs of the teams, promoting learning and the inclusion of employees in organizational processes.
Therefore, a diverse culture can be beneficial for the exchange of experiences, learning and innovation.
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State and explain 4 way by which a contruct
Can be discharged
Answer:
1. Discharge by performance:
The contract comes to an end when both parties perform their contractual obligations
example : guy finds a bike on craigslist, they meet outside and the buyer pays the seller
2. Discharge by mutual consent :
example : guys buys a shirt from a store. later he doesnt like it anymore and returns it back to the store which is OK because it's the stores policy
3. Discharge of contract by impossibility of performance:
usually occurs when the contractual duty cannot be performed because of illness
4. Discharge by frustration:
example : where something like an outbreak of a war could void a contract
5. Discharge by Anticipatory (or repudiatory) breach :
guy doesn't do what he said he would do. he doesn't come through
examples: you've contracted to buy a house but then he sells it someone else
lawteachernet
nolo
investopedia
slideshare
upcounsel
accountlearning
topprcom
How should Jamba Juice compete
In order for Jamba Juice to compete effectively, it should consider: The expansion of the chain's culinary offerings throughout all mealtimes—breakfast, brunch, lunch, and dinner—by:
refranchising current outletsstarting international expansionestablishing a retail presence with branded CPGs, andlicensing.What is competition?Competition is the business practice of playing in the same market with another company that offers similar services while contesting for the same market share.
The above recommendation is known as a competitive strategy. See the attached for the full case study of Jamba Juice.
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What are the main strengths and weaknesses of each of the competitive strategies: home replication, multidomestic, regional, global, and transnational? What challenges arise under each approach in terms of building and leveraging knowledge that can yield competitive advantage, and what can companies do to enhance the effectiveness of their knowledge management efforts under each approach?
One of the strengths of a home replication strategy is related to the local infrastructure, while its weak point is the need to respond to the local market.
The multidomestic strategy, on the other hand, has as a strong point the relationship with local customers and the possibility of expanding the business. The weak point is related to costs and ethnocentrism.
In a regional strategy, the advantages are related to infrastructure costs and weaknesses in business expansion, unlike global and transnational strategies, where strengths relate to business growth, and weaknesses to costs and local bureaucracy.
What is a competitive strategy?It is the way the organization finds to compete in the market and increase its advantage over competitors. Competitive strategy includes the structure of the company, its marketing, products and services, and when effective, it increases a company's positioning and long-term success.
Therefore, in each competitive strategy approach, companies must align their objectives and goals in relation to their values, needs and desires of consumers, instituting creativity and innovation in all their processes.
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anet, Carol, Eva, and Wendy incorporate their law practice (“Shysters-R-Us, Inc.”) with the following investments: A) Janet contributes her copyright (basis of $60,000 and FMV of $144,000) for 9400 shares of Shyster stock, worth $98,000. The corporation also assumed her $46,000 of business debts. Janet’s basis in her Shyster stock.
Based on the basis of the stock that Janet contributed and the business debts assumed, Janet's basis in Shyster is $14,000.
What is Janet's basis?This can be found as:
= Basis of the copyright that Janet contributed - Her business debts assumed
Solving gives:
= 60,000 - 46,000
= $14,000
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Why is it important to discuss promptly the results of a supplier visit or survey with the supplier? If a supplier has a weak area, under what conditions would supplier development be appropriate?
Answer:
Unless we share the result with the provider, they will not be able to get it the issues which we are confronting and hence, circumstance will get even more regrettable within the days to come.
Explanation:
It is imperative to examine the result of a provider visit to a supplier since provider must know what are the problems which you're confronting whether it is in terms of quality of item or opportuneness of conveyance or fetched brought about etc.
a) On the off chance that you gave late input to a provider, at that point the greatest impediment would be that he would have as of now dispatched the dispatch and the issues which you had in terms of taken a toll or quality will not be taken care of and hence, you'll have no other alternative but to acknowledge the delivery. In order to anticipate this from happening, you must provide opportune feedback to the provider so that he knows which regions he must move forward. You ought to moreover donate a few kinds of a caution to him that in case the same sorts of botches are rehashed once more, the contract would get cancelled.
b) There are customary methods for rating a provider's execution counting evaluation outlines, audits, system estimations, and programming applications. Marlin Steel tracks provider execution utilizing an altered program he made in QuickBooks Venture Arrangements bookkeeping programming, the Fabricating and Discount release. You can make a diagram where you ask that you possess agents reply to addresses and to rate suppliers and providers. You'll study what number of medicinal exercises you required to issue a supplier or dealer, what number of things you required to scrap or return in light of the reality that the supplier or provider dismissed to meet particulars, or what number of clients protests you got since of a loathsome portion or organization from a dealer. You moreover can screen suppliers and venders by doing a survey sometimes.
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Without our sharing the results with the supplier, they won't be able to understand the problems we are having, which will make the situation even more unfortunate in the days to come.
The issue that needs to be addressed with the supplier.
The outcome of the provider's visit to the supplier must be carefully considered since the provider has to be aware of any issues you may be having with the item's quality, the timing of its delivery, the cost of having it fetched, etc.
If you provided a provider with late input, the biggest obstacle would be that he would have already sent the delivery and any problems you had with cost or quality would have already occurred. not be taken care of and hence, you'll have no other alternative but to acknowledge the delivery. To anticipate this from happening, you must provide opportune feedback to the provider so that he knows which regions he must move forward. There are customary methods for rating a provider's execution counting evaluation outlines, audits, system estimations, and programming applications. You can make a diagram where you ask that you possess agents to reply to addresses and to rate suppliers and providers. You moreover can screen suppliers and vendors by doing a survey sometimes. Respond to addresses, and rate vendors and service providers. Furthermore, you might occasionally conduct a poll to evaluate vendors and suppliers.To learn more about supplier groups, refer to
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