Demonstrate how you will integrate the knowledge from these two modules Management and Leadership and Managing Change, Innovation and Conflict for your wider reading, your reflection and your professional practice. It requires you to put yourself in the position of a prospective school leader, share and discuss a current educational issue that requires innovation for school improvement. Discuss the management of your innovative change. You are required to engage with key concepts, ideas and expected to use relevant academic literature (i.e policy documents ) to substantiate your points. It is important to include:
. Contextualize the issue and critically explain why the selected issue requires improvement.
. Explanation of the proposed innovative change, why it is innovative and how will it contribute to the improvement of the selected issue.
. How you will manage the innovative change inclusive of your guiding educational leadership theories, selected change models, your leadership styles, the change management process, anticipated issues address, the collaboration process, your role as the school leader.
. Critical reflection on your stance as a school leader and change oriented leadership.
Answers
As a prospective school leader, integrating knowledge from the Management and Leadership and Managing Change, Innovation, and Conflict modules is critical in promoting effective school management and improvement. This paper focuses on the integration of knowledge from these two modules to address the current educational issue of the high rate of student absenteeism in schools.
Contextualizing the issue and critical explanation why it requires improvement:
Student absenteeism is a problem that affects the quality of education. High rates of absenteeism lead to low academic performance, which may have adverse effects on the students. Besides, it could reduce the credibility of the school, making it less appealing to parents and students. Improving student attendance in schools is a critical issue that requires innovation.
Proposed innovative change, why it is innovative, and how it will contribute to the improvement of the selected issue:
To improve student attendance in schools, the proposed innovative change is to adopt a comprehensive student engagement strategy. This strategy will focus on developing programs that improve student motivation, making learning enjoyable and meaningful. This program will also involve the use of technology to facilitate interactive learning and enhance student engagement. By providing a supportive learning environment, students will be more motivated to attend classes and be more involved in their learning.
Managing the innovative change inclusive of your guiding educational leadership theories, selected change models, your leadership styles, the change management process, anticipated issues addressed, the collaboration process, your role as the school leader:
To manage the innovative change, transformational leadership theories will be used. This style of leadership emphasizes collaboration, motivation, and creativity, which aligns with the goals of the proposed innovative change. Lewin's change management model will be utilized, which involves three stages: unfreezing, changing, and refreezing. The unfreezing stage will involve identifying the problem and why change is necessary. The change stage will involve implementing the new strategies, and the refreezing stage will involve stabilizing the change and making it permanent.
Anticipated issues will include resistance to change and lack of support from some stakeholders, such as teachers. These issues will be addressed through consultation, collaboration, and negotiation. The collaboration process will involve engaging all stakeholders, including parents, teachers, students, and the community. As the school leader, the role will be to provide guidance, support, and motivation to ensure the success of the innovative change.
Critical reflection on your stance as a school leader and change-oriented leadership:
The proposed innovative change aligns with my values as a school leader. Change-oriented leadership is crucial in improving the quality of education. As a leader, I will strive to create an environment that fosters creativity, innovation, and collaboration. Furthermore, I recognize that effective change management requires teamwork and open communication. As such, I will work closely with all stakeholders to ensure the success of the innovative change.
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Related Questions
Find the a) amount, and b) compound interest. (From Example 1) Ramona Oden deposited $6,000 at 5.5% interest compounded daily for 25 days. 2. Chuck Lange deposited $6,000 at 5.5% interest compounded daily for 31 days.
Answers
Based on the amount deposited by Ramona and the interest rate, the amount would be $6,022.64 and the compound interest would be $22.64.
The amount for Chuck would be $6,027.18 and the compound interest would be $27.18.
What is the amount for Ramona?This can be found as:
= Amount x (1 + rate/compounding periods in a year) ^ number of periods
= 6,000 x (1 + 5.5%/365 days) ²⁵
= $6,022.64
The compound interest is:
= 6,022.64 - 6,000
= $22.64
What is the amount for Chuck?= 6,000 x (1 + 5.5%/365 days) ³⁰
= $6,027.18
Compound interest:
= 6,027.18 - 6,000
= $27.18
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Layoffs only happen to bad employees. Please select the best answer from the choices provided T F.
Answers
Layoffs are described as the suspension of employees. The above statement is false, that the layoffs only happen to bad employees because this may happen with any employees.
What are layoffs?A layoff is described as the act of an employer temporarily or permanently hanging or changing a worker, excluding an employee's real performance.
A layoff may occur to a determined worker whose occupation has been destructed because an employer has closed its operation or displaced.
Layoffs take place when an employer is compelled to block relations with its employees for justifications that are not subject to their execution.
Companies' failure or the decrease in production levels are common origins of big layoffs. It has zero to do with whether an employee is awful or not.
Therefore, The given statement is false.
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Answer:
False
Explanation:
Layoffs happen because a company can no longer afford to keep paying them, There is no relation between performance and layoffs
Which of the following represent Investment in economics?
A.
an individual buys a stock
B.
an individual buys a bond
C.
(Y-T-C) + (T-G)
D.
a business purchases plant or equipment.
Answers
Investment is defined in economics as the purchase of goods that are not consumed in the present but rather are used in the future to create wealth.
This is in contrast to consumption, which is the purchase of goods that are used up immediately and do not contribute to future wealth creation. In economics, investment is a critical component of economic growth. Now let's answer the question:Which of the following represents Investment in economics?Answer:A. an individual buys a stockB. an individual buys a bondC. (Y-T-C) + (T-G)D. a business purchases plant or equipment.
Option D, that is, a business purchases plant or equipment is the best representation of investment in economics. This is because the purchase of plant or equipment is an investment in the future productive capacity of the business. The investment will enable the business to produce more goods and services in the future, which can be sold for a profit. Therefore, Option D represents Investment in economics.
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Jack carson earns $50,000 a year. his monthly expenses total $2,700. what is the minimum amount of money that he should set aside in an emergency fund
Answers
Based on Mr. Jack Masters' monthly expenses of $2,700, he should set aside $8,100 or three months of his monthly expenses as the minimum for the emergency fund.
Data and Calculations:
Masters annual earnings = $50,000
Monthly expenses = $2,700
Maximum fund for emergency = $16,200 ($2,700 x 6)
Minimum fund for emergency = $8,100 ($2,700 x 3)
Thus, Jack Masters should aim to put aside $8,100, which represents three months of his living expenses, while the maximum fund for emergency should be $16,200 or six months of monthly expenses.
Individuals in stable positions are prescribed to take care of 3-6 months' compensation into their just-in-case account, though individuals with lower employer stability are prescribed to save 6 a year's compensation.
A steady pay guarantees a reliable and greater backup stash. The quantity of procuring individuals in the family additionally matters. On the off chance that there are two individuals procuring, it is simpler to collect a greater asset when contrasted with a solitary individual's endeavors.
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The Corner Market has fixed costs of $1,600, depreciation of $1,200, a tax rate of 35%, and a cost of capital of 12%. Variable costs represent 67% of sales. What minimum level of sales must the market obtain to avoid a net loss on its income statement?
Answers
Answer:
$8,484.85
Explanation:
Fixed costs = $1,600
Depreciation = $1,200
Tax rate = 35%
Cost of capital = 12%
Variable costs = 67% of sales
Desired sales = (Fixed cost + Depreciation) / Contribution ratio
Desired sales = ($1,600 + $1,200) / (1 - 67%)
Desired sales = $2,800 / 0.33
Desired sales = 8484.84848485
Desired sales = $8,484.85
The minimum level of sales that Corner Market must obtain to avoid a net loss on its income statement is $8,484.85.
To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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What is the woman in white being pressured to do at the beginning of the film?
Answers
Marry At the opening of the movie, the woman in white being pressured is Dr. Bates.
Lemuel Gulliver, a surgeon and sea captain who travels to distant parts of the world, tells the story of four adventures in Gulliver's Travels, a first-person narrative. The major antagonist of the 2010 fantasy adventure comedy film Gulliver's Travels, which is based on the 18th-century novel of the same name by Jonathan Swift, is General Edward Edwardian (also known as General Edward or Edward). The Brobdingnagians are enormous; on average, they stand 60 feet tall, and their lands and creatures are as enormous. Due to Gulliver's extreme vulnerability in this society, it becomes reasonable that the satire progressively focuses on the brittleness (and grotesqueness) of the human body.
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A teacher curves the final exam such that the top half of students get an $\mathrm{A}$ and the bottom half an $\mathrm{F}$ (so their grade depends only on relative and not absolute performance). Suppose that there are equal numbers of two groups, the Aces and the Bases. If they both study or they both party, the Aces will get the As but if the Aces party and the Bases study, the Bases will get the As. Suppose further that they both dislike studying and both like good grades. Suppose all students of a type choose the same action (so we can view it as a two-player game). The payoff matrix is
Bases
Aces
Study
Party
\begin{tabular}{|c|c|}
\multicolumn{1}{c}{ Study } & \multicolumn{1}{c}{ Party } \\
\hline 5,0 & 5,2 \\
\hline 2,5 & 7,2 \\
\hline
\end{tabular}
Refer to Scenario 6-2. Suppose the students move sequentially. Which best describes the outcome in the subgame-perfect equilibrium?
a. Aces study and Bases party regardless of who moves first.
b. Aces party and Bases study regardless of who moves first.
c. The party moving first parties.
d. The party moving first studies.
Answers
Option (a), The subgame-perfect equilibrium, both the Aces and the Bases will party.
In this game, there are two subgames: one in which the Aces move first and one in which the Bases move first. Let's analyze each subgame separately.
If the Aces move first, they have two options: study or party. If they study, the payoff is 5 for both the Aces and the Bases. If they party, the payoff is 2 for the Aces and 5 for the Bases. Since the Bases prefer to party (getting a payoff of 5) to studying (getting a payoff of 5), regardless of what the Aces do, the Bases will party. Knowing this, the Aces have an incentive to party as well, since they would get a payoff of 2 if they study and a payoff of 5 if they party. Therefore, in this subgame, the outcome is that both the Aces and the Bases party.
If the Bases move first, they also have two options: study or party. If they study, the payoff is 5 for both the Aces and the Bases. If they party, the payoff is 2 for the Aces and 5 for the Bases. Since the Aces prefer to party (getting a payoff of 5) to studying (getting a payoff of 5), regardless of what the Bases do, the Aces will party. Knowing this, the Bases have an incentive to party as well, since they would get a payoff of 5 if they party and a payoff of 2 if they study. Therefore, in this subgame, the outcome is also that both the Aces and the Bases party.
Since in both subgames the outcome is that both the Aces and the Bases party, this is the subgame-perfect equilibrium of the game. Therefore, the best description of the outcome in the subgame-perfect equilibrium is that both the Aces and the Bases will party regardless of who moves first. The answer is (a) Aces study and Bases party regardless of who moves first.
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A survey was conducted to determine whether a charging station needs to be built in a community. 73% of all the residents in the community favored building the charging station. If 14 residents are chosen, find the probability that exactly 8 of them favor the building of the charging substation.
Answers
In a study to ascertain whether a charging station is required in a community, 73% of all inhabitants supported the construction of the charging station. The probability that exactly 8 of them favor the building of the charging substation is 0.2279.
We have to find the probability of exactly 8 people in the sample of 14 people who favor building the charging station. The given probability is a binomial distribution problem where,
n = 14 (number of trials)p = 0.73 (probability of success)
favour = 8 (number of favorable outcomes)
The probability of exactly k successes in n independent Bernoulli trials is given by the formula:
P(k) = nCk * pk * (1-p)n-k
Where nCk is the binomial coefficient.
In this case, the probability of exactly 8 of them favor building the charging substation is:
P(8) = 14C8 * (0.73)8 * (1-0.73)14-8= 3003 * 0.73^8 * 0.27^6≈ 0.2279
Therefore, the probability that exactly 8 of them favor the building of the charging substation is approximately 0.2279.
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If a stock's market price is above its intrinsic value, then the stock can be thought of as being undervalued, and it would be a good buy. Group of answer choices True False
Answers
If a stock's market price is above its intrinsic value, then the stock can be thought of as being undervalued, and it would be a good buy. The given statement is False.
What is the relationship between the intrinsic value and the market value of a stock?Regardless of what the market determines to be its value at a particular time, it has an internal value. Market value is the current worth of a business as represented by its stock price. As a result, the market value could be significantly greater or lower than the intrinsic value.
It is possible to consider a stock to be undervalued and a good investment if its market price is higher than its intrinsic value. The long-term value, or intrinsic value, of the stocks in their companies, is always what managers aim to maximize. Exactly what stockholders want is this.
Thus, the mentioned above-given statement is not true.
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Xylon Corp. has contracts to complete weekly supplements required by forty-six customers. For the year 2015, manufacturing overhead cost estimates total $840,000 for an annual production capacity of 10 million pages. For 2015, Xylon decided to evaluate the use of additional cost pools. After analyzing manufacturing overhead costs, it was determined that number of design changes, setups, and inspections are the primary manufacturing overhead cost drivers. The following information was gathered during the analysis: Cost pool Manufacturing overhead costs Activity level Design changes $ 120,000 200 design changes Setups 640,000 4,000 setups Inspections 80,000 16,000 inspections Total manufacturing overhead costs $840,000 During 2015, two customers, Money Managers and Hospital Systems, are expected to use the following printing services: Activity Money Managers Hospital Systems Pages 60,000 76,000 Design changes 10 2 Setups 20 10 Inspections 38 30 11) If manufacturing overhead costs are considered one large cost pool and are assigned based on 10 million pages of production capacity, what is the cost driver rate? Under ABC costing, what is the inspection cost allocated to Money Managers?
Answers
Answer:
the cost per overhead rate and the inspection cost allocation is $0.08 per page and $190 respectively
Explanation:
The computation is shown below;
The cost per overhead rate is
= $840,000 ÷ 10,000,000
= $0.08 per page
The inspection cost allocated to Money Managers is
= $80,000 ÷ 16,000 × $38
= $190
hence, the cost per overhead rate and the inspection cost allocation is $0.08 per page and $190 respectively
The same would be considered and relevant too
Detailed categories on your budget will help you make better spending decisions.TrueFalse
Answers
The given statement "Detailed categories on your budget will help you make better spending decisions" is true because it provides a clear breakdown of where your money is going.
By tracking your expenses in specific categories, you can identify areas where you may be overspending and make adjustments accordingly. For example, if you notice that you're spending too much on dining out, you can cut back on that category and allocate more funds to a savings or investment category. With detailed categories, you can also see which expenses are essential and which ones are discretionary, and prioritize your spending accordingly.
Overall, having a well-organized and detailed budget can help you take control of your finances and make informed decisions about how to allocate your money.
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are there things that can significantly affect a company's
success that are beyond the control of the executives .
Answers
Yes, there are certain things that can significantly affect a company's success that are beyond the control of the executives.
Even though the top executives hold a significant power and influence within an organization, they are not always in control of every aspect of the business that affects their success or failure. Let's take a look at some of these factors:Market Trends: Executives can't control market trends. In order for a company to succeed, it needs to offer a product or service that is in high demand. When market trends shift, a company's product or service may become less popular, which can negatively affect the company's success. Competitive Environment: A company's success can be significantly affected by the actions of its competitors. Executives can work to position their company in the best possible way, but they can't always control the actions of their competitors. Economic Conditions: Even the most skilled executives can't control economic conditions such as inflation, recession, or fluctuations in the stock market. These conditions can have a significant impact on a company's success. Natural Disasters: Natural disasters such as hurricanes, floods, or earthquakes can significantly affect a company's success, particularly if the company relies on a certain geographic area for its operations. Conclusion: There are many factors beyond the control of executives that can affect a company's success. It is important for executives to be aware of these factors and work to minimize their impact whenever possible. However, in some cases, the best course of action may be to adapt to changing circumstances and find new opportunities for growth and success. This can require a willingness to take risks and make difficult decisions, but it is essential for any company that wants to thrive in a dynamic business environment.
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Dividing potential customers into groups of similar people is known as
A. customer relationship management
B. market segmentation
C. environmental scanning
D. public accounting
Answers
The division of the customers into groups of the similar people is known as market segmentation. Thus correct option is (B).
What is Market Segmentation?Market segmentation is the marketing strategy in which the people are divided into similar groups making the small segments who has the common needs and respond same to the marketing action.
Market segmentation is the process of grouping comparable clients together. Therefore the correct option is (B).
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A(n)
is a tax issued by the federal government on imported goods.
sales tax
tariff
excise tax
Answers
Answer: tariff
Explanation:
I took the test
Our daily personal financial transactions has been made easy with the use of A. B. money. cheque. C. pay slips. D. documents.
Answers
Answer:
Money
Explanation:
Money is used as mode of exchange
One of the most effective deterrents to abuses of privacy by social media companies is ________. Select one: a. Government regulations and fines b. Industry and professional standards c. Competitors’ ethical practices d. Fear of the public’s backlash and outrage
Answers
Answer
d. Fear of the public’s backlash and outrage
Explanation:
Abuse of privacy by this social media range from impersonation of someone else identity, hacking of people account which can leads to the theft of important informations by the owner. Abuse of privacy by social media companies is very rampant this days and it's very wrong because it causes more harm than good.
It should be noted that one of the way to curb this is for the social media companies to be served deterrents, which will discourage them from this act, such as Fear of the public’s backlash and outrage.
Ivan is the head of human resources for a large company. He is served with legal papers that outline a lawsuit brought against the company by a former employee. She is alleging that she was terminated because of discrimination. Discuss how Ivan can use the former employee’s written performance appraisals to refute this charge.
Answers
Answer:
the attestation lists contain information about the compliance of the employee with the position held. if an employee according to this certificate does not correspond to the position, he can be fired accordingly.
Explanation:
I need two answers please by 2pm today.
Are you motivated more by intrinsic rewards (satisfaction, sense of accomplishment, etc.) or by extrinsic rewards (money, bonuses, etc.)?
Answers
Intrinsic rewards can be more satisfying to a worker than extrinsic ones, because internal motivation is something natural that does not depend on external stimuli.
How does an employee get motivated?There is a set of characteristics that helps in motivation in the work environment. Intrinsic rewards correspond to job satisfaction. To be achieved, the employee needs to feel valued and fulfilled with their responsibilities at work.
Extrinsic rewards are related to external motivations, such as a good salary and bonuses.
Therefore, motivation is essential in the workplace, as it stimulates employee productivity, satisfaction and integration.
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Select the qualification that is best demonstrated in each example.
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Charlene is a Highway Maintenance Worker who stays on task while working by herself.
Floyd is a Repair Worker who lifts heavy objects.
Pedro is a Mechanical Door Repairer who explains a problem to a customer.
Answers
Answer:
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Explanation:
The qualification that is best demonstrated out of all the options would be that Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Charlene's ability to stay on task has no direct correlation with being a highway worker.
Floyd's ability to lift heavy objects also has no direct correlation with being a repair worker.
Pedro's ability to explain a problem to a customer has no direct bearing on being a mechanical door repairer.
The only option with direct correlation is a stationary engineer's ability to figure out what is wrong with machinery for heating a building. A stationary engineer is also known as operating or power engineer.
Answer:
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
✔ problem-solving skills
Charlene is a Highway Maintenance Worker who stays on task while working by herself.
✔ independence
Floyd is a Repair Worker who lifts heavy objects.
✔ physical strength
Pedro is a Mechanical Door Repairer who explains a problem to a customer.
✔ communication skills
Explanation:
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5 role of development banks in economic development
Answers
The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. ... Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process.
Manufactured truck parts are part of which industry
A. Eloctronics
B. Chemicals
C.machinery
D.transportation equipment
Answers
Answer:
c
Explanation:
Answer:
c
Explanation:
Barbie and Jose are married and claim 2 exemptions. Last year Barbie earned $32,400 and Jose earned $28,600 in wages. Additional tax information for the year is as follows: Interest earned: $2,800; alimony paid: $5,900; contributions to IRA retirement fund: $2,300; state and local income taxes paid: $6,200; contributions to charity: $2,700. Find the taxable income if they file a joint return
Answers
Barbie and Jose's taxable income if they file a joint return is $38,600.
First, calculate Barbie and Jose's adjusted gross income (AGI) and then deduct their deductions and exemptions to find their taxable income.
1. Calculate their combined wages: $32,400 (Barbie) + $28,600 (Jose) = $61,000
2. Add interest earned: $61,000 + $2,800 = $63,800
3. Subtract alimony paid: $63,800 - $5,900 = $57,900
4. Subtract contributions to IRA retirement fund: $57,900 - $2,300 = $55,600 (their AGI)
Now calculate their deductions:
1. State and local income taxes paid: $6,200
2. Contributions to charity: $2,700
3. Total deductions: $6,200 + $2,700 = $8,900
To find their taxable income, we'll subtract their deductions and exemptions from their AGI:
1. Subtract deductions: $55,600 - $8,900 = $46,700
2. Subtract exemptions (assuming each exemption is worth $4,050): $46,700 - (2 x $4,050) = $46,700 - $8,100 = $38,600
So, Barbie and Jose's taxable income if they file a joint return is $38,600.
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Which business letter feature is found at the top of the page?
Answers
answer:
Letter head
Explanation:
typically has the companies logo at the top of the page
If nations specialize according to their
comparative advantage and engage in
international trade with each other, each
nation can
Answers
Nations specialize according to their comparative advantage get benefited outside its PPC.
Specialization based on comparative advantage leads to more effective use of global resources. Both countries will have access to larger quantities of both goods.
Also foreign commerce stimulates the production of various commodities in different nations and leads to specializations.
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Which is a business owned and operated by a single individual?
Answers
Sole proprietorship is a business owned and operated by a single individual.
A sole proprietorship may operate under the owner's name or under a fictitious name, although laws regarding the use of fictitious names vary by state.
The use of fictitious names does not create a separate entity from the business owner. Sole proprietorships are popular due to ease of entry. When an individual starts a sole proprietorship, they own and control all aspects of the business.
Even if you hire employees, you are still personally responsible for full legal responsibility, which is a characteristic of sole proprietorships that distinguishes them from other forms of business.
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Which one is the best choice. Please explain why. I’ll give extra points.
Answers
Answer:
10
Explanation:
Surplus for Donovan: 10 - 4.50 = 5.50
Surplus for Rudy: 8 - 4.50 = 3.50
Surplus for Mike: 6 - 4.50 = 1.50
Surplus for Royce: 4 - 4.50 = -0.50
Sum of all surpluses: 5.50+3.50+1.50-0.50=10
For most products, higher prices result in a decreased demand, whereas lower prices result in an increased demand. Let
d = annual demand for a product in units
p = price per unit
Assume that a firm accepts the following price-demand relationship as being realistic:
d = 800 - 10p
where p must be between $20 and $70.
How many units can the firm sell at the $20 per-unit price? Round your answer to the nearest whole number.
d = units
At the $70 per-unit price? Round your answer to the nearest whole number.
d = units
What happens to annual units demanded for the product if the fim increases the per unit price from $26 to $27?
Answers
At $20,
D = 800-10p
D =800-10*20
expected annual demand (D) = 600
At $70,
D = 800-10p
D = 800-10*70
D = 100
D = 800-10p
D = 800-10*26
expected annual demand (D) = 540
If the firm raises the unit price from $26 to $27.
D = 800-10p
D = 800-10*27
expected annual demand (D) = 530
The number of units that the company can sell is reduced by ten, from 540 to 530.
D = 800-10p
D = 800-10*42
expected annual demand (D) = 380
If the firm raises the unit price from $42 to $43.
D = 800-10p
D = 800-10*43
expected annual demand (D) = 370
The number of units that the company can sell is reduced by ten, from 380 to 370.
A single-unit increase in price results in a ten-unit decrease in quantity demanded.
Total revenue (TR) is calculated by multiplying annual demand by unit price.
Total revenue = D*p
Total revenue = (800-10p)*p
Total revenue = 800p-10p^2
At $30,
Total revenue (TR) = 800*30-10*302
Total revenue (TR) = 15,000
At $40,
Total revenue = 800*40-10*402
Total revenue (TR) = 16,000
At $50,
Total revenue (TR) = 800*50-10*502
Total revenue (TR) = 15,000
As a result, a price of $40 maximizes Total Revenue.
At $40,
the expected annual demand is D = 800-10*40
expected annual demand (D) = 400, and
the total revenue is equal to = 400*40
total revenue = $16,000.
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when the amount of bad debts is material, gaap requires themethod be used to reduce the carrying value of accounts receivable to the amount of cash expected to be received. (enter only one word.)
Answers
When the amount of bad debts is material, GAAP requires the method be used to reduce the carrying value of accounts receivable to the amount of cash expected to be received.
The method in question here is referred to as the allowance method, and it is applied under the accrual basis of accounting to match expenses with revenues in the same accounting period. Under this method, an allowance for doubtful accounts (ADA) is created that is a contra asset account to accounts receivable.
The amount of the ADA is based on the historical percentage of credit sales that result in bad debts or a percentage based on the age of accounts receivable, which is known as the aging method. The allowance method is applied to show the true net realizable value of accounts receivable on the balance sheet.
In simple words, the allowance method ensures that accounts receivable is presented on the balance sheet at its net realizable value, i.e., the amount the business expects to receive in cash.
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The resources in the input market come from
A. government regulation of the economy
B. business firms lobbying to lower corporate tax rates
C. the remaining, unused portions of consumer goods
D. land, labor, and capital of households
E. the discovery of profitable, non-rival goods
Answers
Answer:
D
Explanation:
For the input market, the resources come from land, labor, and capital of households. Hence, Option D is correct.
What is the input market?There are two types of market, one is input and the second is output. The input market is known as the factor market and the output market is known as the product market. It is the input market, which is used in the production of the products and goods.
The output market is the place where goods and services are exchanged. In the factor market or the input market, all the resources like labor, capital, and land are used by the businesses to purchase, rent, or hire what they need in order to produce goods or services.
With the increase in the input prices, the supply curve from the right shifts to the left which is of the final good market and it results in the price of the final good increases.
Thus, Option D is correct.
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