a. The demand curve and the market price, up to the quantity demanded, b. the price of a good decreases, the willingness to pay of consumers c. the area between the new demand curve and the new price represents the increase in consumer surplus.
a. Consumer surplus refers to the difference between the maximum price a consumer is willing to pay for a good or service and the actual price they pay. It represents the value that the consumer gains from the transaction. Consumer surplus can be measured by calculating the area between the demand curve and the market price, up to the quantity demanded.
b. The demand curve represents the relationship between the price of a good and the quantity that consumers are willing and able to buy. Generally, as the price of a good increases, the quantity demanded decreases, and vice versa. The willingness to pay is the maximum price a consumer is willing to pay for a good. As the price of a good decreases, the willingness to pay of consumers who were previously unwilling to buy at the higher price may increase, resulting in a larger quantity demanded.
c. Other things equal, if the price of a good falls, consumer surplus increases. This is because consumers who were previously willing to pay a higher price for the good can now purchase it at a lower price, resulting in a gain in consumer surplus. This can be illustrated using a demand curve by showing the increase in quantity demanded at the lower price, and calculating the difference between the maximum price consumers were willing to pay at the higher price, and the actual price they pay at the lower price. The area between the new demand curve and the new price represents the increase in consumer surplus.
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Which nims management characteristic refers to the number of subordinates.
Which are types of income tax that people pay? Check all that apply.
federal
local
Oprogressive
state
sales
flat
Answer:
federal
local
state
sales
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The types of income tax that people pay are
federal
local
state
sales
What is taxes?The term tax refers to that, compulsory financial charges are there which are to be paid by the taxpayers to the government for every department different taxes are liable to the taxpayers to the government there are many other taxes are bee there like road tax, etc.
According to the citizens are the taxpayers, there are different types of taxpayers have been there are like state tax, local tax, sales tax, and the different types of taxes have been there in it by paying the taxes the government runs.
Therefore, these are the types have been their taxes that have been paid to the government.
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after the presentation and demonstration step in the sales process, a salesperson should next be prepared to
After the presentation and demonstration step in the sales process, a salesperson should next be prepared to handle objections and answer any questions the prospect may have.
It's common for prospects to have concerns or doubts about the product or service being offered, and it's the salesperson's job to address those concerns and provide reassurance.
The salesperson should be ready to listen attentively to the prospect's objections and concerns and respond with empathy and understanding.
They should also be knowledgeable about the product or service, and able to provide detailed and accurate information to the prospect.
One effective way to handle objections is to use the LAER method, which stands for Listen, Acknowledge, Explore, and Respond.
This involves listening to the prospect's objection, acknowledging their concerns, exploring the issue further to understand it better, and then responding with a solution or alternative.
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As long as the demand curve lies above the marginal revenue curve for a monopolist, at its profit-maximizing output level, it will charge a price for its product that is
As long as the demand curve lies above the marginal revenue curve for a monopolist, at its profit-maximizing output level, it will charge a price for its product that is higher than its marginal cost.
This is because a monopolist has the power to set prices based on market demand and doesn't face competition.
To understand why the monopolist charges a higher price, let's break it down step by step:
1. The demand curve represents the willingness of consumers to purchase the product at different prices. It slopes downward because consumers are generally willing to buy more at lower prices.
2. The marginal revenue curve shows the additional revenue generated by selling one more unit of the product. It slopes downward and lies below the demand curve for a monopolist because selling an additional unit requires a lower price, which reduces the revenue for all previous units sold.
3. At the profit-maximizing output level, the monopolist produces the quantity where marginal cost equals marginal revenue. This is the level where the additional cost of producing one more unit equals the additional revenue generated by selling that unit.
In summary, as long as the demand curve lies above the marginal revenue curve for a monopolist, it will charge a price for its product that is higher than its marginal cost.
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who is responsible for training and ensuring that their units are capable
The responsibility for training and ensuring that their units are capable lies with the leaders or managers.
Leaders or managers within an organization are responsible for overseeing the training and development of their units or teams. They play a crucial role in identifying the skill gaps, training needs, and competencies required for their units to perform effectively. They are responsible for creating a conducive learning environment, providing resources and opportunities for training, and facilitating the acquisition of necessary knowledge and skills. Additionally, leaders are accountable for monitoring the progress and performance of their units, identifying areas for improvement, and implementing corrective measures when needed. By taking ownership of training and capability-building, leaders contribute to the overall success and productivity of their units and the organization as a whole.
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15. Answer the following questions based on the given table: Unit of commodity consumed Total utility 1 5 2 9 3 12 4 5 6 7 8 b. C. 15 15 14 12 Marginal utility Complete the given table. Draw the total and marginal utility curves from the completed table. Show the relationship between total and marginal utility curves. [2+1.5+1
From the complete table, the total utility curve increases initially, reaches a maximum point, and then starts to decrease, while the marginal utility curve decreases and eventually becomes negative.
How to solveUnit of Commodity Consumed Total Utility Marginal Utility
1 5 -
2 9 4
3 12 3
4 15 3
5 15 0
6 14 -1
7 12 -2
8 - -
Now that we have the table completed, let's discuss how to draw the total and marginal utility curves and their relationship.
Total Utility Curve:Plot the points on a graph with the "Unit of Commodity Consumed" on the x-axis and "Total Utility" on the y-axis.
Connect the points to form a curve.
Marginal Utility Curve:Plot the points on the same graph with the "Unit of Commodity Consumed" on the x-axis and "Marginal Utility" on the y-axis.
Connect the points to form a curve.
Relationship between Total Utility and Marginal Utility curves:
The total utility curve represents the cumulative satisfaction obtained from consuming the commodity. The marginal utility curve represents the additional satisfaction gained from consuming one more unit of the commodity.
The relationship between the two curves can be observed in the following ways:
When the total utility curve is increasing at a decreasing rate, the marginal utility curve is positive but decreasing.
When the total utility curve reaches its maximum point and becomes flat, the marginal utility curve is at 0 (indicating no more additional satisfaction is gained from consuming an extra unit).
When the total utility curve is decreasing, the marginal utility curve becomes negative (indicating dissatisfaction from consuming additional units).
In this case, from the completed table, we can observe that the total utility curve increases initially, reaches a maximum point, and then starts to decrease, while the marginal utility curve decreases and eventually becomes negative.
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Doak Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 8 percent and a reinvestment rate of 5 percent on all of its projects. Year Cash Flow 0 –$ 16,300 1 7,400 2 8,600 3 8,200 4 7,000 5 – 4,400 Calculate the MIRR of the project using all three methods with these interest rates.
The MIRR using the company's discount rate of 8 percent is approximately 13.79 percent. The MIRR using the reinvestment rate of 5 percent is approximately 10.96 percent. Lastly, the MIRR using the combination of the discount rate and reinvestment rate is approximately 11.81 percent.
To calculate the MIRR, we first need to determine the future value (FV) of the positive cash flows and the present value (PV) of the negative cash flow. Then, we find the discount rate that equates the PV of the negative cash flow to the FV of the positive cash flows.
Using the company's discount rate of 8 percent, we discount the negative cash flow at 8 percent to find its PV. The positive cash flows are compounded at the reinvestment rate of 5 percent for each year until the end of the project, and then discounted at 8 percent to find their PV. The MIRR is the discount rate that equates the PV of the negative cash flow to the FV of the positive cash flows. In this case, the MIRR using the company's discount rate is approximately 13.79 percent.
Next, we calculate the MIRR using the reinvestment rate of 5 percent. The positive cash flows are compounded at 5 percent for each year until the end of the project and then discounted at 8 percent to find their PV. The negative cash flow is discounted at 8 percent to find its PV. The MIRR is the discount rate that equates the PV of the negative cash flow to the FV of the positive cash flows. In this case, the MIRR using the reinvestment rate is approximately 10.96 percent.
Finally, we calculate the MIRR using the combination of the discount rate and reinvestment rate. The positive cash flows are compounded at the reinvestment rate of 5 percent for each year until the end of the project and then discounted at the discount rate of 8 percent to find their PV. The negative cash flow is discounted at the discount rate of 8 percent to find its PV. The MIRR is the discount rate that equates the PV of the negative cash flow to the FV of the positive cash flows. In this case, the MIRR using the combination of rates is approximately 11.81 percent.
These three MIRR calculations provide different perspectives on the project's profitability based on different assumptions about the discount and reinvestment rates.
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what is product placement
Answer: A practice in which manufacturers of goods or providers of a service gain exposure for their products by paying for them to be featured in movies and television programs.
Explanation:
Explanation:
Product placement Is where a company or seller places a product In a certain location so that the consumer Is more apt to buy that product, such as a candy bar or pack of gum near the cash register, leading the consumer to an impulse buy.
suppose that the company had sales of $2,751,332 and net income of $86,432 for the year ending december 31, 2022. calculate the dupont identity.
The DuPont Identity is 0.0477.
Suppose that the company had sales of $2,751,332 and net income of $86,432 for the year ending December 31, 2022. Calculate the DuPont Identity.
The DuPont Identity is a method of breaking down Return on Equity (ROE) into its component parts, allowing analysts to evaluate the sources of the company's profitability.
The formula for the DuPont identity is as follows:ROE = (Net Income/Sales) x (Sales/Total Assets) x (Total Assets/Shareholders' Equity)
ROE is calculated by dividing Net Income by Sales.ROE = Net Income / SalesROE = $86,432 / $2,751,332ROE = 0.0314
The formula for the DuPont identity is:ROE = Net Income / Sales x Sales / Total Assets x Total Assets / Shareholders' Equity ROE = Net Income / Shareholders'
Equity / Total Assets x Total Assets / SalesROE = (Net Income / Sales) x (Total Assets / Shareholders' Equity)ROE = Profit Margin x Asset Turnover x Financial Leverage
We can then substitute the values for Profit Margin, Asset Turnover, and Financial Leverage:ROE = (Net Income / Sales) x (Sales / Total Assets) x (Total Assets / Shareholders' Equity)ROE = 0.0314 x 1.05 x 1.36ROE = 0.0477 The DuPont Identity is 0.0477.
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You want to ctegsosit $15,00na bank at an interest rate of 7 percent per year What is the uture vale of this money after three yes?
tuture value P+)
present value +0
OA S1837563
OR $19661.94
OC $20407.33
Answer:
A $18, 375.63
Explanation:
The amount to be deposited is $15,000
Interest rate is 7 percent
time is 3 years
the future value will be; the applicable formula
A = p x ( 1 + r) ^n
A = $15,000 x ( 1 + 7/100) ^ 3
A= $15,000 x 1.225043
A=$18,375. 64
if you deposit $100 into a savings account which compound interest every month at a 5 % yearly interest rate, what is the expression for the amount of
The interest earned after two years $70.28177.
This is the foremost basic variety of account you'll be able to open at any bank. A savings account, by definition, permits you to deposit your cash, safe with the bank, thus you do not have to be compelled to carry it around with you or hide it in this rusty recent steel safe reception. don't fret, you'll be able to withdraw these funds after you want them.
The interest rate is that the quantity a loaner charges a receiver and could be a share of the principal—the quantity loaned. The charge per unit on a loan is usually noted on an annual basis referred to as the annual share rate (APR).
The question is incomplete, find the complete question here
if you deposit $100 into a savings account which compound interest every month at a 5 % yearly interest rate, what is the expression for the amount of the interest earned after two years?
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You need to share information summarizing last week's sales department meeting with all the departments in your company. Would email be a good choice for this interdepartmental communication? Why or why not?
Answer:
yes, a blast email would work best I would say.
Explanation:
For Sheridan, the following information is available:Capitalized leases $552000Trademarks $268000Long-term receivables $217000In Sheridan's balance sheet, intangible assets should be reported at:$769000.$820000.$268000.$485000.
In Sheridan's balance sheet, intangible assets should be reported at $820000. This includes the capitalized leases of $552000, trademarks of $268000, and any other intangible assets.
Intangible assets are assets that lack physical substance, such as patents, trademarks, copyrights, and goodwill. The balance sheet of Sheridan should report intangible assets at their net book value, which is the original cost less any accumulated amortization.
From the information given, the total amount of intangible assets for Sheridan is:
Capitalized leases = $552,000
Trademarks = $268,000
Long-term receivables = $217,000
Total intangible assets = $552,000 + $268,000 + $217,000 = $1,037,000
However, the long-term receivables are not considered intangible assets but rather a type of financial asset. Therefore, the correct amount to report intangible assets on the balance sheet of Sheridan is:
Total intangible assets = $552,000 + $268,000 = $820,000
Therefore, the answer is option B) $820,000. The long-term receivables of $217000 are considered a separate category of assets and are not included in the calculation of intangible assets.
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What is unemployment
Answer:
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15)[2] not being in paid employment or self-employment but currently available for work during the reference period.
Explanation:
At The Extra;-
Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed).
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Answer:
a situation when a person actively searches for employment but is unable to find work.
What is innovation? (Media Literacy)
A. A groundbreaking idea, product, or method
B. A technological tool that drives hyperlinks
C. An exciting development in a story's plot
D. A story that nobody has ever heard before
Answer:
A. A groundbreaking idea, product, or method
Explanation:
Innovation refers to the process that leads to the formation of new ideas that has been been invented before. It refers to the fresh ideas that helps in attracting people inn terms of business. Idea generation helps in new development and thereby helps in the progress. The introduction of the idea from the existing resources helps in the formation of new ideas that take the shape of innovation.
Dr. Peabody recorded $6,820 in services provided to clients who make monthly payments. Which of the following statements is correct?
A. The dental revenues account is debited $6,820; accounts receivable is credited $6,820.
B. Accounts receivable is credited $6,820; the dental revenues account is credited $6,820.
C. Accounts receivable is debited $6,820; the dental revenues account is debited $6,820.
D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.
Answer:
D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.
Explanation:
The two accounts that are affected here are accounts receivables ( Assets) and the revenue account ( affects capital). The accounts receivable will increase as payment is expected at the end month. Since receivable are assets, an increase in receives is recorded as a debit of the account receivable account. $ 6,820 will be debited on the accounts receivables.
The services rendered increases the revenue to Dr. Peabody. Revenue is considered a capital account because it increases the owner's equity. An increase in a capital account is credited. Dr. Peabody will credit the dental revenue account with $6,820.
voluntary agreements among business, government, and society to achieve goals are called multiple choice collaborative partnerships. community relations. social capital. social investment.
Voluntary agreements among businesses, government, and society to achieve goals are called collaborative partnerships.
An agreement is a manifestation of mutual assent by using or more humans to each other. it is a meeting of the minds in a commonplace aim and is made thru provide and popularity. An agreement can be proven from words, behavior, and in some instances, even silence.
A basic settlement is a written tool of expertise, negotiated among an organization or contracting hobby and a contractor, that (1) consists of agreement clauses making use of destiny contracts between the parties at some stage in its term and (2) contemplates separate destiny contracts in order to incorporate through reference.
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Help find Robert! South Carolina people help me find Robert! thank you!
Answer:
Why do you keep on putting this out?
Explanation:
The three parts of an income statement heading are _____.
who
when
where
what
motivation of 50. also last year trying to get rid of them. Have a good day :D
Answer:
Who,When,What
Explanation:
A bond is the issuer's written promise to pay the _____________ of the bond with interest.multiple choicemarket valuepar valueinterest value
A bond is the issuer's written promise to pay the par of the bond with interest. multiple choice market value par value interest value.
A bond is the issuer's written promise to pay the par value of the bond plus interest. The face value of a bond, also known as face value or face value, is paid on a specific future date known as the bond's maturity date. For most bonds, the issuer is required to pay interest semi-annually.
In the contract between the borrower (company) and the lender (investor), the borrower pays the specified amount of interest for each period and promises to repay the principal on time.
A bond agreement is a legal document that sets out the rights and obligations of both parties. Issuing company and creditor. It is intended to address all issues related to bond issuance, including: As collateral and call charges.
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The difference between small business and entrepreneurship has nearly nothing to do with size and nearly everything to do with
O Capital
O competition
O number of employees
O characteristics
→
Answer: (1) Entrepreneurs are always looking for ways to make money while small business have the same goal but company owners also focus on maintaining their business income to pay for operating expenses.
(2) Entrepreneurs are more likely to take on debt than small business owners and typically have much higher risk tolerance. They are comfortable assuming larger uncertainties to pursue new ideas and opportunities
(3) Entrepreneurs are risk-takers while store owners are more conservative
(4) Entrepreneurs are future-oriented, while small business owners typically focus on the present.
Explanation:
Cullumber Care Clinic purchases land for $420000 cash. The clinic assumes $4200 in property taxes due on the land. The title and attorney fees totaled $3100. The clinic had the land graded for $8100. What amount does Cullumber Care Clinic record as the cost for the land?
$435400.
$427300.
$420000.
$428100.
The amount Cullumber Care Clinic records as the cost for the land is $435400.
Cullumber Care Clinic purchases land for $420000 cash. The clinic assumes $4200 in property taxes due on the land. The title and attorney fees totaled $3100. The clinic had the land graded for $8100. Cost is the price paid for the purchase of land. The cost incurred includes the price of the land, expenses incurred in acquiring the land, such as taxes, lawyer fees, broker commissions, etc.
Hence, the cost of the land will be calculated as:
Cash paid for land = $420000
Property taxes = $4200
Title and attorney fees = $3100
Land grading = $8100
Total Cost = Cash paid for land + Property taxes + Title and attorney fees + Land grading
Total Cost = $420000 + $4200 + $3100 + $8100
Total Cost = $435400
Thus, the amount Cullumber Care Clinic records is $435400.
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what are the pros and cons of going through economic transition from a centrally planned to a mixed economy
Answer:
There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.
Explanation:
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How does technology trends affect a pharmacy business?
Answer: Artificial Intelligence or Machine Learning.
Explanation:
Artificial Intelligence or Machine Learning offers multiple benefits such as data processing, enabling pharmacists to make quicker data-backed decisions, and improving customer service. With the Internet of Things, drug inventory management will be more accurate and faster; through device-to-device communication.
The infant-industry argument a. has the support of most economists. b. is based on the belief that protecting industries when they are young will pay off later. c. is based on the belief that protecting industries producing goods and services for infants is necessary if a country is to have healthy children. d. is an argument that is advanced by advocates of free trade.
Answer:
b. is based on the belief that protecting industries when they are young will pay off later.
Explanation:
The infant-industry argument is an international trade theory meant to protect industries in their early stages of development from competition from foreign firms. it is not advanced by advocates of free trade.
the theory postulates that infant indtureist be protected from competiton by various tariffs and laws that would discourage import
Why does ray of light coming through denser medium bend when it
enters into rarer medium?
Answer:
this occurs as a result of different refractive index of the two media
Answer:
It actually depends on the angle at which the incident ray hits the boundary face between both mediums
So if the incident ray coming from an angle enters the rarer medium it causes the refracted ray to bend away from the line of the normal
Step-by-step explanation:
I hope it was of help I tried explaining the best I could
Which financial statement summarizes a business’s incomes and expenses?
The main purpose of the BLANK statement is to present your business’s earnings for a given period as it summarizes your incomes and expenses.
Answer:
Income statement.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
The income statement is a financial statement that summarizes a business’s incomes and expenses.
Hence, the main purpose of the income statement is to present your business’s earnings for a given period as it summarizes your incomes and expenses.
You are a trainee sales manager with a retailing firm. Visit professional websites and discussion forums to find out how managers resolve problems related to transactions including cash, checks, debit cards, credit cards, discounts, layaway, Cash on Delivery, returns, gift certificates, and automatic fee withdrawals. You may also want to meet up with and talk to a store professional during their break times and seek input in person. Also, explain the technique to make change in counter transactions correctly.
Managers resolve transaction-related issues including cash, checks, debit cards, credit cards, discounts, deposits, cash on delivery, returns, gift cards and automatic fee withdrawals based on company policy.
Importance of company policy for decision makingThe organizational policy must be shared with all employees in a clear and objective way, in order to be a guide for behavior in the organization.
It will include the norms and rules to be followed in each organizational situation.
Considering Starbucks as the company of our research, through its website we can see that there is a guide with the terms and conditions for using the Starbucks card.
Therefore, each rule must be clearly exposed to stakeholders, and each issue related to financial transactions exposed in pre-established legal documents, in order to be a protection for the organization and for the clients.
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how can a bank benefit a company
Answer:
Banks provide business-specific financial services that help business owners manage their money. In addition to basic checking account services that allow business owners to deposit funds and write checks, they may also allow businesses to transfer money by Automated Clearing House (ACH) and wire
A five-year bond loan is issued with an interest rate of 5%, with a nominal value of €20,000,000 and a repayment value of €22,000,000, which is divided into 2000 securities. The bond loan is issued by public registration and the bank's expenses amount to €180,000. Requested: To make the journal entries of issuing the bond loan, assigning it to the bank, paying the interest and paying it off.
The nominal value of the bond loan is €20,000,000, the interest rate is 5%, the repayment value is €22,000,000, and the bond loan is divided into 2000 securities.
Journal entries of issuing the bond loan are given below:
Debit Cash €20,000,000, Credit Bonds Payable €20,000,000(To record the issue of bonds at face value), Debit Bond Issuance Expense €180,000, Credit Cash €180,000(To record the issue of bonds at expense).
The bond loan is assigned to the bank in the following manner:
Debit Cash €20,000,000, Credit Bank €20,000,000(To assign bonds to the bank), Interest payment of €1,000,000 on the bond loan is made at the end of the first year in the following manner:
Debit Interest Expense €1,000,000, Credit Cash €1,000,000(To record the payment of interest)
At the end of the 5th year, bonds are paid off by issuing a cash payment of €22,000,000 in the following manner:
Debit Bonds Payable €20,000,000, Debit Premium on Bonds Payable €2,000,000, Credit Cash €22,000,000(To record the redemption of bonds at a premium)
Here, the nominal value of the bond loan is €20,000,000, the interest rate is 5%.
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