Answer:
Explanation:
When demand is inelastic, a decrease in price will cause.
PLEASE HELP ILL GIVE YOU BRAINLIEST in a market economy, what does a producer mean when it asks, "Is there a market for my products?"
a."is there is a place where we can sell our products?"
b."is our product being more cheaply made overseas?"
c."will consumers need and want to buy our products?"
d."will the government support demand for our products?"
Answer:
It is c
Explanation:
I recently had this question lol
Answer:
c
Explanation:
i had this question on a test
What does setting a personnel policy before hiring employees allow you to do?
A. Provide employee salary information
B. Establish length of employment for each company department
C. Set expectations for employee behavior
D. Establish records of employee work behavior
Answer:
D
As it helps in appraising the employees weekly, monthly, or yearly work behavior.
an increase in the demand for a product will cause the
An increase in the demand for a product will cause the Increase in price because there is a supply that has to be met.
According to the laws of demand and supply, when there is a demand for a particular product, then the price will increase and when there is a decrease in the demand of a product, then the price will reduce.
With this law in mind, we can see that if there is an increase in the price of a particular product, then there will an increase in the price of the product too. This simply obeys the economic law.
Therefore, the correct answer is Increase in price
Read more here:
https://brainly.com/question/19151286
In order for a sales team to achieve full potential, modern day sales organizations assign specialized roles to increase efficiency and productivity of their sales teams. For example, ________________________ are farmers, with the sole responsibility of increasing customer loyalty and retention through additional services so that customers continue to use and expand a firm's product and service offerings. ____________ are hunters who are responsible for finding new clients.
Answer:
Customer success or client Development Reps; Sales Development Reps.
Explanation:
Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
In order for a sales team to achieve full potential, modern day sales organizations assign specialized roles to increase efficiency and productivity of their sales teams. For example, Customer success or client Development Reps are farmers, with the sole responsibility of increasing customer loyalty and retention through additional services so that customers continue to use and expand a firm's product and service offerings. Sales Development Reps are hunters who are responsible for finding new clients.
Galla Incorporated needs to determine a price for a new product. Galla desires a 25% markup on the total cost of the product. Galla expects to sell 5,000 units. Additional information is as follows: Variable Costs per Unit Fixed Costs (total) Direct materials $ 12 Overhead $ 45,000 Direct labor 13 General and administrative 18,000 Overhead 11 General and administrative 17 Using the total cost method what price should Galla charge
Using the total cost method, the price that Gala Incorporated should charge for the new product is $56.50.
Given that Gala Incorporated needs to determine the price of a new product and they desire a 25% markup on the total cost of the product. Gala expects to sell 5,000 units and the variable costs per unit are: Direct materials = $12Direct labor = $13Overhead = $11,
Using the above information, we can find out the total cost of the product as follows: Total cost per unit = Variable cost per unit + Fixed cost per unit Total cost per unit = (Direct materials + Direct labor + Overhead) + (Overhead + General and administrative)Total cost per unit = ($12 + $13 + $11) + ($11 + $18)Total cost per unit = $65.
Now that we know the total cost per unit, we can use the following formula to determine the price of the product: Price per unit = Total cost per unit / (1 - Desired markup percentage)Price per unit = $65 / (1 - 0.25)Price per unit = $86.67.
Now, using the price per unit we can calculate the total revenue as follows: Total revenue = Price per unit × Number of units sold Total revenue = $86.67 × 5,000Total revenue = $433,350Finally, we can calculate the profit as follows: Profit = Total revenue - Total cost Profit = $433,350 - ($65 × 5,000)Profit = $433,350 - $325,000Profit = $108,350.
To Know more about Incorporated
https://brainly.com/question/28285415
#SPJ11
true or false: a change in one of the determinants of supply results in a movement along the supply curve.
A supply curve is a graph that illustrates how a change in a product's price impacts the volume of supplies a seller provides.
The horizontal x-axis displays the quantity supplied, while the vertical y-axis displays the price.
For the majority of items, the curve will have an upward, positive slope, signifying a strong correlation between the two values. In other words, the more of a good or service a seller has on hand, the higher the price of it. For instance, if the cost of a lawnmower rises, or the price a customer pays, a hardware store would stock more in an effort to raise its profit margin.
The two different supply curve types are individual and market.
To learn more about the supply curve :
https://brainly.com/question/14925184
#SPJ1
Weekly activity reports by an agent to a client should include:_______.
Answer:
- Number of enquiries
- Number of product displays
- Advertising done within the week
- Open houses available
- Number of open house visitors
- Comments made by other agents and potential buyers
Explanation:
Weekly activity reports are given to clients to show weekly progress on a job activity.
It ensures that there is no failure in objectives that will affect the monthly activity.
When it is identified that activities for the week are deviating from set goals and objectives, it is easy to correct the error so as to minimise the effect on monthly performance.
you hire another worker to produce pizza in your pizza restaurant. the number of pizzas per hour you can produce goes from 60 to 90. you then hire another worker, and the number of pizzas you can produce per hour goes from 90 to 110. when you hired this last worker, you encountered...
When you hired the last worker, you encountered an increase in productivity. By hiring the last worker, the number of pizzas you can produce per hour went from 90 to 110, indicating that productivity increased.
When you hire another worker to produce pizza in your pizza restaurant and the number of pizzas per hour you can produce goes from 60 to 90, you are experiencing increasing returns to scale.
Returns to scale refers to the rate at which output increases as a function of all factors of production increasing. The concept examines the effects on output due to an increase in production inputs, such as physical capital and labor. There are three types of returns to scale: increasing returns to scale, constant returns to scale and diminishing returns to scale.
For more such questions on worker
https://brainly.com/question/25748643
#SPJ11
Strengths identified in a SWOT Analysis are new actions a business should implement.
Question 1 options:
True
False
The Strengths that a business identifies when it does a SWOT Analysis are not new actions to be implemented so this is False.
SWOT analysis help a company evaluate itself to know what it needs to do to improve past its competitors. It is an acronym that stands for:
Strengths - these are areas that a company already excels in. Weaknesses - these are areas a company needs to improve in Opportunities - these are potential events that can be leveraged on by a company to become successful Threats - these are anything that can affect a business in a negative manner such as competitor products or government regulationAs shown above, strengths are not a new action to implement but are rather areas and actions that a company is already well-versed at implementing.
In conclusion, it is false that strengths in a SWOT Analysis are new actions that should be implemented.
Find out more at https://brainly.com/question/18068310.
Helen and jim itemize deductions when they file their income tax return as married filing jointly. if they paid $14,000 in state and local taxes in 2022, what would be the maximum state and local tax deduction they can take on their federal income tax return?
Under the Tax Cuts and Jobs Act (TCJA), the maximum state and local tax (SALT) deduction for tax years 2018 through 2025 is $10,000 for married filing jointly taxpayers.
What tax breaks are available to married couples?For tax year 2022, the standard deduction for most married couples under 65 who file a combined return is $25,900, while the standard deduction for couples who file separately is $12,950. Joint filers typically have lower income requirements for tax advantages like the deduction for IRA contributions.
Which of the following taxes is ineligible for itemized deductions?It is not possible to itemize the gas taxes paid for individual travel. When using the real expense method for standard deductions and driving a personal vehicle for business purposes, this expense may be deducted from income.
To know more about Itemize Deductions visit:
https://brainly.com/question/29105607
#SPJ4
Companies go through different phases to reach product/market fit. These phases are the
A: idea stage, the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.
B: idea stage, the prototype stage, the launch stage, the traction stage, and the growth stage.
C: the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.
D: idea stage, the traction stage, the monetization stage, and the growth stage.
These phases are the idea stage, the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage. Thus, option A is correct.
What is a Company?An organization that produces goods or services and markets them to consumers in order to make money is referred to as a company.
The connection between such a company's Unit Economies as well as Net Profitability can be used as an example of the developmental process of a company looking for Product Attributes. Whenever a company finds a solution to an issue that aligns with the demands of the existing markets and for which customers are prepared to pay for a good or commodity.
Therefore, option A is the correct option.
Learn more about Company, here:
https://brainly.com/question/27238641
#SPJ1
Why is it called Chick-Fil-A when a Fil-A (filet) is normally cooked with beef???
Jackson is preparing for his hearing before the Federal Communications Commission (FCC) involving a complaint that was filed against him by the FCC regarding the interruption of radio frequency. The order to "cease and desist" using the radio frequency has had a detrimental impact on his business.
The Federal court, through stare decisis, will look to precedent in ruling on Jackson's case.
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
No, the court will start with a clean slate in reaching a decision regarding Jackson's case.
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
The court has scheduled hearing which Jackson has to attend. In this case the court will look into details of the matter and then find out the decision. If there are some difficulties in concluding the case then references will be taken from previous cases whose decisions has been decided.
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
I did the assignment in edge 2021.
Maco Corp. contracted to sell 1,500 bushels of potatoes to LBC Chips. The contract did not refer to any specific supply source for the potatoes. Maco intended to deliver potatoes grown on its farms. An insect infestation ruined Macoâs crop but not the crops of other growers in the area. Maco failed to deliver the potatoes to LBC. LBC sued Maco for breach of contract. Under the circumstances, Maco will a. Lose, because it could have purchased potatoes from other growers to deliver to LBC. b. Lose, unless it can show that the purchase of substitute potatoes for delivery to LBC would make the contract unprofitable. c. Win, because the infestation was an act of nature that could not have been anticipated by Maco. d. Win, because both Maco and LBC are assumed to accept the risk of a crop failure.
Option a: Because/as it might have obtained potatoes from other farms to deliver/dispatch to LBC, Maco will lose.
Breach of a binding contract occurs when you breach any of the agreed terms. From late payments to more serious offences like failing to deliver pledged assets, violations can take many different forms.
The contract is enforceable in court and has legal effect. Giving the victim what was originally promised is usually the remedy when the contract is shown to have been breached. Rarely is a breach of contract considered a criminal or tortious act.
A breach of contract occurs when a party breaches the terms of a contract between two or more parties. This also applies if contractually agreed obligations are not fulfilled in a timely manner.
To learn more about breach of contract, here:
https://brainly.com/question/25930552
#SPJ4
Economics studies choices that arise from one fact. What is that fact? O A. Our resources are unable to satisfy all our wants. OB. Some families are too big. O c. Businesses produce too many varieties of most goods. OD. Some things can't be bought in the marketplace
The fact that economics studies are: "Our resources are unable to satisfy all our wants." This concept is known as scarcity, and it is the fundamental principle that underlies all economic activity.
Scarcity means that there are limited resources available to meet unlimited wants and needs, so choices must be made about how to allocate these resources most efficiently and effectively as possible.
If you have more wants than income then it can lead to dissatisfaction with your self and can lead you to lose your money. This choice is the central concern of economics, and it drives the study of topics such as production, consumption, exchange, and distribution.
To know more about scarcity
brainly.com/question/13186252
#SPJ4
Electronic résumés have an attractive, highly formatted appearance. T F
Answer:
False.
Explanation:
False.
Answer:false
Explanation: got it right
Which of the following scenarios would lead to improved productivity for a farmer who is growing corn?
A the farmer adds workers but still produces the same amount of corn
B the farmer buys a radio for his tractor so that he can enjoy music while working
C the farmer builds an irrigation system which increases the output and his profits
D the farmer sells his corn for a lower price in order to out-sell his competitors
Answer:
im pretty sure the answer is d but im not sure
PLEASE HELP WILL GIVE BRAINLY!!!!
Explain how credit card companies make money on their cards. What is a credit card issuer?
Explanation:
1st question) they make money thru interest, processing fees (which is like a little tax on businesses for accepting credit) and fees charges to cardholders (some charge at ATMS for withdrawal etc).
a credit card issuer is a bank or credit union that supplies the credit card to the consumer. ex: capital one, citi, bank of america.
Who are office chief , sectional chief and assistant in school ?
Answer:
Post of the principle : A principal in a company is typically the owner, founder or chief executive officer (CEO) of a company. In some situations, the principal might be someone who owns most of the company's equity and is responsible for making big business decisions.
Post of the teacher : Teaching post means any post in a school or institution occupied by a teacher for the purpose of teaching. teaching post means a post, the duties of which involve teaching and training the students and other academic responsibilities.
Post of the counter worker : They call the childs parents if anything is wrong at school and is responsible of collecting the school fees and payment
Explanation:
Answer:
Sectional chief is the bridge between top and low level chiefs. One of the most important functions of a sectional chief is to report the performance, problems and achievements of the department to the office chief. Office Assistant: They are those personnel who work at lower level in an organization.
Teacher's post: Teaching post means any post in a school or institution occupied by a teacher for the purpose of teaching. teaching post means a post, the duties of which involve teaching and training the students and other academic responsibilities.
Once a business determines what strategies it can afford, it then needs to match each _____ with each marketing strategy.
marketing tactic
target market
analysis
SMART goal
Once a business determines what strategies it can afford, it then needs to match each target market with each marketing strategy.
What is market target?A target market can be defined as the people or customers with which a company or organization focus their target at.
Most companies tend to use market target as a form of market strategy so as to increase their sales or to create awareness about their product.
Therefore the correct option is B.
Learn more about target market here:https://brainly.com/question/20812603
#SPJ1
Over lunch, Daniel and Haley are discussing their managers. Daniel describes his boss as extremely motivating. Daniel feels much more psychologically empowered and more self-confident because of how his manager leads their team. Work goals are more demanding than ever, but even though the rewards of the hard work may not come soon, Daniel trusts his manager's emphasis on the future good that will come from their work. Daniel feels that working with his new manager has led to a much stronger emotional bond with the organization, much more engagement with the work, and an overall increase in his job satisfaction. Daniel's boss can be described as a(n) ______ leader.
Answer:
transformational
Explanation:
Transformational leadership is a leadership theory in which the leader would be worked with teams so that if there is any needed that could be made should be identified also it would the develop the vision in order to suggest the change via inspiration and execute the same.
Since in the question it is mentioned that Daniel feels that if he worked with his new manager so there would be the high chances of stronger emotional bond due to this he is more engage with the work
So this represent the transformational leader
the south did little to create a flourishing commercial or industrial economy because a. all of the answers below
b. its climate was less suitable for industry c. its distinctly southern values discouraged the growth of cities and industry d. its people had their money tied up in agriculture e. its agricultural system was greatly profitable
The south did little to create a flourishing commercial or industrial economy because:
a. All of the answers below.
All of the options provided contribute to the limited development of a commercial or industrial economy in the South.
The combination of factors such as a less suitable climate for industry, the influence of southern values discouraging urbanization and industrial growth, the predominant focus on agriculture with financial resources tied up in that sector, and the profitability of the agricultural system all played a role in the South's limited efforts in developing a robust commercial or industrial economy.
The climate in the South, with its hot and humid conditions, posed challenges for certain industries compared to more favorable climates in other regions.
The cultural values in the South often emphasized agricultural lifestyles and rural living, which hindered the growth of cities and industrialization.
The economic system heavily relied on agriculture, and wealth was tied up in land and plantations, leaving fewer resources available for investment in commercial or industrial ventures.
Furthermore, the profitability of the agricultural system, particularly with the use of slave labor, provided less incentive for diversification into other economic sectors.
These combined factors contributed to the South's limited efforts in creating a flourishing commercial or industrial economy during that time.
Learn more about flourishing commercial visit:
https://brainly.com/question/18433745
#SPJ11
Which term refers to the integrated process of recruiting, developing, supervising, and compensating employees?A) job analysisB) HR alignmentC) strategic planningD) talent management
The term that refers to the integrated process of recruiting, developing, supervising, and compensating employees is D) talent management.
Talent management involves identifying and cultivating high-potential employees, creating development plans, providing training and coaching, setting performance expectations, and rewarding employees for their contributions. It is a crucial aspect of HR management that helps organizations attract, retain, and develop top talent to achieve their strategic goals. By investing in talent management, organizations can improve their workforce's performance, engagement, and retention, which leads to higher productivity, profitability, and employee satisfaction. Effective talent management requires a strategic approach that aligns HR practices with the organization's overall goals and values.
To learn more about supervising, visit:
https://brainly.com/question/28259370
#SPJ11
At CalTech, our mission, vision and values are very important to us and are lived out every day by our team. How would you live and defend our values
I would live and defend CalTech's values by demonstrating and communicating these values throughout my daily interactions with my colleagues, customers, and the public.
I would also strive to become an example for others to follow, in terms of living the values and exhibiting them in my work. I would support and defend the values by leading by example, speaking up for them whenever necessary, and providing feedback and guidance when needed. Additionally, I would be willing to challenge others to live the values and to provide support when needed. Finally, I would strive to create a culture of respect and openness and to ensure that everyone is held accountable for their actions.
To know more about CalTech here
https://brainly.com/question/20382203
#SPJ4
I would uphold and uphold CalTech's principles by living them out in all of my contacts with coworkers, clients, and the general public.
In terms of demonstrating the ideals in my work and living them, I would also attempt to provide an example. By setting an example, advocating for them when necessary, and offering advice and support when required, I would support and defend the ideas. Anyone who upholds these beliefs can count on my support and assistance when needed. Not to mention, I would work to foster a climate of openness and respect and make sure that everyone takes responsibility for their actions. According to the most recent rankings, it is not Harvard that is the most difficult school to get into, but rather the California Institute of Technology in Pasadena. Harvard University placed second nationally.
Learn more about CalTech from
brainly.com/question/30160095
#SPJ4
Suppose 2 athletes sign 10-year contracts for $80 million. In one case, we're told that the $80 million will be paid in 10 equal instalments. In the other case, we're told that the $80 million will be paid in 10 instalments, but the instalments will increase by 5% per year. Who got a better deal and why?
Answer:
player 2 is signing a better contract
Explanation:
the present value of an annuity (player 1) = annual payment x annuity factor
assuming that the interest rate is 10%
present value = $10 million x 6.1446 (PV annuity factor, 10%, 10 periods) = $61.446 million
player 2's contract
the present value of a growing annuity = [payment / (i - g)] x {1 - [(1 + g) / (1 + i)]ⁿ} = [$10 / (10% - 5%)] x {1 - [(1 + 5%) / (1 + 10%)]¹⁰} = $200 x 0.372 = $74.398 million
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
learn more about "economic ":- https://brainly.com/question/17996535
#SPJ11
Assume that banks hold no excess reserves and that all currency is deposited into the banking system. if the required reserve ratio is 25.00%, and the Federal Reserve wants to increase the money supply by $60.00 million, the Fed would need to make an open market purchase of $ _______ million. (insert your answer in millions, and round to two decimal places.)
The Fed would need to make an open market purchase of $15.00 million to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
If the required reserve ratio is 25%, then banks must hold 25% of deposits as reserves and can loan out the remaining 75%. Therefore, if the Federal Reserve wants to increase the money supply by $60 million, banks would be able to lend out $60 million / 0.75 = $80 million in total.
To calculate the required open market purchase by the Fed, we need to use the money multiplier formula:
Money Multiplier = 1 / Reserve Ratio
So, in this case, the money multiplier would be 1 / 0.25 = 4.
To increase the money supply by $60 million, the Fed would need to purchase $60 million / 4 = $15 million worth of securities in the open market.
Therefore, the Fed would need to make an open market purchase of $15.00 million (rounded to two decimal places) to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
To know more about open market refer here:
https://brainly.com/question/29426106#
#SPJ11
how does a shop owner add value to their business
Answer:
A shop owner adds value to their business by conducting all major monetary transactions for his company.
Explanation:
Answer:
Customer engagement.
Community.
Thank you cards.
Membership.
Convenience without a compromise.
Have a cause.
Explanation:
place rock unit events in order.
3. (Note: The surface is not a layer. It is ground-level, complete with happy little trees.) \( \mathrm{A} 3 \) Homework \( - \) Unanswered Place the rock units events in order from oldest on bottom t
To place the rock unit events in order from oldest to youngest, we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers.
1. Homework: This event is the most recent one as it is mentioned last in the given list.2. A3: This event is mentioned before Homework, suggesting that it occurred earlier than Homework.3. Unanswered: This event is mentioned before A3, indicating that it happened before A3.Therefore, the correct order from oldest to youngest is: Unanswered → A3 → Homework.we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers, the youngest rocks are on top, while the oldest rocks are at the bottom.
learn more about superposition here:
https://brainly.com/question/2115674
#SPJ11
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
Learn more about Communication at:
brainly.com/question/25645043
#SPJ4