In a monopolistically competitive industry, firms typically set prices above marginal cost since each firm has some degree of pricing power as a result of product differentiation.
However, they cannot charge excessively high prices as there are close substitutes available in the market. Therefore, firms aim to set prices that maximize their profits, taking into consideration the level of competition in the market. So, the correct answer would be c. above marginal cost since each firm is a price setter.
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What is motivation?
Answer:
C.
Explanation:
What is motivation very short answer?
Motivation is the process that initiates, guides, and maintains goal-oriented behaviors. It is what causes you to act, whether it is getting a glass of water to reduce thirst or reading a book to gain knowledge. Motivation involves the biological, emotional, social, and cognitive forces that activate behavior.
comprehension questions are designed to stimulate entrepreneurs to think about their own understanding of the nature of the environment.
t
f
False. While comprehension questions can be beneficial for entrepreneurs to assess their understanding of the business environment, they are not exclusively designed for that purpose.
Comprehension questions are not specifically designed to stimulate entrepreneurs to think about their own understanding of the nature of the environment. While comprehension questions can be used as a tool to assess an individual's understanding and encourage critical thinking, their purpose extends beyond just entrepreneurs and the business environment.
Comprehension questions are commonly used in educational settings to assess the depth of understanding and knowledge retention of learners across various subjects. These questions can cover a wide range of topics and are not limited to the business environment. They are used to gauge an individual's comprehension, ability to analyze information, and apply concepts learned.
Entrepreneurs, however, often encounter different types of questions specific to their field, such as market analysis, feasibility assessments, and business strategy. These questions go beyond basic comprehension and delve into practical decision-making, problem-solving, and innovation.
Entrepreneurs should engage in a broader range of critical thinking exercises and industry-specific inquiries to enhance their entrepreneurial skills and knowledge.
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g You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend college. The first $ 11 comma 800 tuition payment is due in six months. After that, the same payment is due every six months until you have made a total of eight payments. The college offers a bank account that allows you to withdraw money every six months and has a fixed APR of 4.4 % (with semiannual compounding) guaranteed to remain the same over the next four years. How much money must you deposit today if you intend to make no further deposits and would like to make all the tuition payments from this account, leaving the account empty when the last payment is made? (Note: Be careful not to round any intermediate steps less than six decimal places.)
Answer:
The answer is "85818.18"
Explanation:
Given:
\(\to PMT = \$11,800 \\\\\to n=8 \\\\\to r= \frac{4.4\%}{2}= 2.2\% = 0.022\\\\\to PV=?\)
Using formula:
\(PV = PMT\times \frac{(1- \frac{1}{(1+r)^n} )}{r}\)
\(= 11,800 \times \frac{(1- \frac{1}{(1+0.022)^8} )}{0.022}\\\\ = 11,800 \times \frac{(1- \frac{1}{(1.022)^8} )}{0.022}\\\\ = 11,800 \times \frac{(1- 0.840219648)}{0.022}\\\\ = 11,800 \times \frac{0.160}{0.022}\\\\=11,800 \times 7.272727\\\\=85818.18\)
You own a burger restaurant. You sell each burger at $5 . Your monthly expenses are $800 and it cost you $1 to produce each burger. How many burgers do you need to sell each month to break even?
an economic crisis increases the degree of excess capacity in a nation.
true or false
The given statement "An economic crisis increases the degree of excess capacity in a nation" is True.
In economics, excess capacity occurs when a company or economy uses fewer resources than it has available. In other words, when an economy operates below its optimal output capacity, it is said to have excess capacity.
An economic crisis is a situation in which an economy's production and distribution levels decline significantly. It is characterized by a decrease in spending and investment activity, leading to unemployment, a drop in income, and financial instability. When an economy experiences an economic crisis, the production levels decline due to decreased demand, leading to a surplus of resources.
As a result, companies experience a decrease in revenue and, therefore, cut back on production capacity, which leads to excess capacity in the economy.The decrease in demand caused by an economic crisis has the effect of increasing the degree of excess capacity in a nation. Hence, the given statement "An economic crisis increases the degree of excess capacity in a nation" is true.
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cnn.com runs a story reporting that the consumer confidence index has risen. having taken an economics class, you predict that spending in the economy will ________. at the same time, aggregate demand will ________.
As a result of Consumer Confidence Index rising, spending in the economy will increase and aggregate demand will rise.
Consumer Confidence Index (CCI) refers to how optimistic people are about their finances. When the CCI is high:
People are more confident in their finances and the ability to make income in future People will spend more in the economy because they are more confident in their income Aggregate demand will rise as more people demand goods and servicesIf the CNN is correct in reporting that the CCI is rising, we can expect that spending in the economy will rise and so will aggregate demand.
In conclusion, spending in the economy will increase and aggregate demand will rise.
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when a high school graduate needs to make a decision between continuing his or her education or entering the job market, but he or she cannot go because he or she has limited means to pay for tuition, books, and incidentals, this is known as .
When a high school graduate needs to make a decision between continuing his or her education or entering the job market, but he or she cannot go because he or she has limited means to pay for tuition, books, and incidentals, this is known as scarcity.
What is scarcity?Scarcity refers to the fact that there are few resources compared with our needs and desires.
Scarcity can be with respect to any natural resources or with respect to any scarce commodity. In this case, scarcity refers to a high school graduate that doesn't have money to pay for his university and has to work. Another example can be the scarcity of water on the planet.
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A bank offers 7.00% on savings accounts. What is the effective annual rate if interest is compounded continuously? __________________
Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%,% sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))
The effective annual rate (EAR) when interest is compounded continuously is approximately 7.18%.
To calculate the effective annual rate (EAR) when interest is compounded continuously in the following steps:-
EAR = e^(r) - 1
Where:
r = Annual nominal interest rate
In this case, the annual nominal interest rate is 7.00% or 0.07 in decimal form.
Substituting into the formula we get:
EAR = e^(0.07) - 1
EAR = 1.0718 - 1 ≈ 0.0718 or 7.18%
Therefore, the effective annual rate (EAR) when interest is compounded continuously is approximately 7.18%.
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a note receivable due in 18 months is listed on the balance sheet under the caption
A note receivable due in year and a half is recorded on the monetary record under the subtitle "Ventures".
On the balance sheet, where do note receivables go?
If its life is less than one year, the notes receivable account is placed in the current assets section of the balance sheet. A note receivable, in particular, is a written promise to receive money in the future.
What is a balance sheet's notes receivable?
Notes receivable is a monetary record thing that mirrors the worth of the notes that the Organization is to get and for which it is to get installment. Promises to pay another party money by a certain date or earlier are called promissory notes.
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I WILL MARK BRAINIST IF CORRECT
What is the best way to prevent germs from spending when coughing or sneezing?
Cover mouth with tissue
Cover mouth completely with hand
Sneeze in upper sleeve
Turn head away to sneeze
Answer:
Cover mouth wirh tissue
Explanation:
The CDC recommends that you cover your mouth and nose with a tissue when you cough and or sneeze.If you find yourself without tissue,cough or sneeze into your upper sleeve rather than your hands.
Answer:
cover mouth with tissue
the first step in implementing the stakeholder perspective is . question 10 options: a) identifying stakeholder groups b) assessing the corporate culture c) identifying and gaining stakeholder feedback d) identifying stakeholder issues e) assessing organizational commitment to social responsibility groups
The first step in implementing the stakeholder perspective is A) Identify stake holder groups. After that, we have to identifying the organizational missions, values, and norms that are likely to have implications for social responsibility.
In economic and business, A stakeholder perspective generally can be defined as the interests of all affected parties in its decisions. The decision options open to executives narrow and often reduce the profits to shareholders, when stakeholder interests compete. There are 3 major of stakeholders perspective, such as a descriptive approach, an instrumental approach, and also a normative approach.
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1 (a) Separation of duties is one way of reducing fraudulent activities and corruption in public procurement processes. Briefly explain four (4) ways through which separation of duty has been achieved through the Kenya’s Public Procurement and Asset Disposal Act (PPADA) 2015. (8 MARKS)
(b) Give three (3) reasons why Open Tender is the preferred method of procurement under the PPADA 2015. (3 MARKS)
(c) State four (4) objectives of procurement in the public sector. (4 MARKS
Transparency and Accountability: Procurement in the public sector seeks to ensure transparency and accountability in the use of public funds.
(a) Separation of duties in the Kenya's Public Procurement and Asset Disposal Act (PPADA) 2015 is achieved through various provisions. Four ways in which separation of duty is emphasized are:Independent Procurement Review Board: The PPADA establishes an independent board responsible for reviewing procurement processes and decisions. This board ensures that different individuals or entities are involved in the review and approval of procurement actions, reducing the risk of collusion or corruption.Procurement Planning: The Act requires the preparation of a procurement plan that clearly defines the roles and responsibilities of different individuals or units involved in the procurement process. This ensures that there is a clear separation of duties between those responsible for planning, budgeting, and executing the procurement.Procurement Entities: The PPADA defines the establishment of procurement entities, such as procurement committees or boards, to oversee the procurement process. These entities are composed of members from different departments or sectors, ensuring that different perspectives and expertise are involved in the decision-making process.Tender Evaluation Committees: The Act mandates the formation of tender evaluation committees, comprising members from various disciplines or areas of expertise. These committees are responsible for evaluating and selecting the winning bidders based on predetermined criteria, ensuring transparency and fairness in the procurement process.(b) The Open Tender method is preferred under the PPADA 2015 for the following reasons:Competitive Bidding: Open Tender promotes competition among potential suppliers, leading to better value for money. It allows a wide range of suppliers to participate, increasing the chances of obtaining competitive prices and quality goods or services.Transparency and Fairness: Open Tender ensures transparency in the procurement process by allowing all interested suppliers to submit bids. It provides equal opportunities for all qualified suppliers to compete, reducing favoritism or bias in the selection process.Best Value for Money: Open Tender enables the procuring entity to select the bid that offers the best value for money, considering factors such as quality, price, and other relevant criteria. This method allows the procuring entity to evaluate and compare different offers before making a decision, ensuring the selection of the most advantageous bid.(c) The objectives of procurement in the public sector are:Efficient Allocation of Resources: Public procurement aims to allocate scarce resources effectively and efficiently, ensuring the optimal use of public funds.
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every taxpayer receives at least the standard deduction, a set amount on which no taxes are paid.
Yes, every taxpayer receives at least the standard deduction, which is a set amount on which no taxes are paid.
The amount of the standard deduction varies depending on the taxpayer's filing status, age, and whether or not they are claimed as a dependent on someone else's tax return. For the 2020 tax year, the standard deduction for a single taxpayer is $12,400, for a married couple filing jointly it is $24,800, and for a head of household it is $18,650. The standard deduction reduces the amount of income that is subject to taxation and is often used by taxpayers who do not have enough itemized deductions to exceed the standard deduction amount. It is important to note that the standard deduction is not the only deduction that taxpayers may be eligible for and that taxes can still be owed even after taking the standard deduction.
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Ramon has been appointed the manager of a retail store. He wants to bring the store into the modern era and direct its future by utilizing the latest trends in visual merchandising. What can Ramon do to achieve this?
Answer:quit school and beco
Explanation:
Answer:
C. install mannequin robots to display clothes
Explanation:
Among the offered answers, a truly avantgarde, modern approach is to implement robot mannequins in the store. With this tactic, customers would be incentivized to approach this innovative customer journey. Through pioneering this technique, Ramon's company would get a competitive advantage through visual merchandising.
In the context of budget deficits, what is crowding out?.
Consumers tend to purchase a good at a lower than at a higher price. Why (state any assumptions made)? Do consumers always behave this way? Explain your response.
According to the law of demand, the price of a good is negatively related to the quantity demanded all other things remaining equal.
Consumers do not always buy good at a lower price than at a higher price.
What is the law of demand?According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. there is an inverse relationship between price and quantity demanded.
Consumers do not always buy goods at a lower price than a higher price. For example, for luxury goods, consumers would prefer to buy it at a higher price than at a lower price. This is because luxury goods are used to show wealth. If the price of a good that is considered to be used solely be wealthy people declines, some rich people would not want to purchase the goods again because it is now affordable by the masses.
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Raul works in Human Resources and is interviewing four people for the position of Budget Analyst. Which candidate
has the best education for this particular career?
Candidate A bachelor's degree in Finance and master's degree in
Mathematics
Candidate B
bachelor's degree in Mathematics and associate's degree in
Marketing
Candidate C
associate's degree in Computer Programming and HS diploma
Candidate D
bachelor's degree in Economics and master's degree in
Management
?
O Candidate A
O Candidate B
O Candidate C
O Candidate D
Answer:
A
Explanation:
Answer:
it is a
Explanation:
just took the test
ANSWE FAST PLS
Which statement describes a strategy for improving one's organization and time management at work?
Buy a new clock for your office.
Download your favorite MP3s to listen to during work.
Draw a matrix of project deliverables and deadlines on your whiteboard.
Use your e-mail program's calendar to track your friends' birthdays.
Statement three, i.e., Option (C) is the most suitable answer to this question. For improving one’s organization and time management at work, one should draw a matrix of project deliverables and deadlines on the whiteboard.
What is time management?Time management is the practice of planning and exercising deliberate control over time spent on certain activities, with the goal of increasing effectiveness, efficiency, and productivity. It entails a person having to balance a variety of obligations from their job, social life, family, hobbies, and other commitments with the limited amount of time they have.
When one manages their time well, they have the "option" to spend or manage activities at their own pace. A variety of abilities, resources, and methods can be utilized to manage time when completing particular tasks, projects, and goals in accordance with a due date.
Time management originally only applied to professional or business tasks, but eventually, it came to mean both personal and professional activities. A time management system is a planned arrangement of procedures, devices, strategies, and tactics. As the project completion time and scope are determined by time management, it is typically a need in project management.
Hence, Option (C) is the correct answer.
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Mary wants to split the refund between her savings and checking accounts. How is this accomplished, if possible
This is possible to do. In order to do so Mary has to do it electronically through the use of a tax soft ware or an IRS Free File.
What is a split refund?This helps you to divide your refund into given proportions as you may like. It puts your deposit funds into up to three various accounts.
You have to file a tax return to do this and also fill some forms.
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elaborate the meaning of induction and explain its purpose
Franklin Inc., an apparel manufacturer based in Scotland, opened a new store in the United States. Franklin's designs were well received by consumers in the host country. However, the firm incurred very high expenses due to the expensive rents and the higher costs of labor. Also, there was a hike in the price of fuel in the United States. This led to increased expenditures on the transportation of goods. This indicates that Franklin Inc. had serious issues in the United States due to poor: Group of answer choices
Answer:
Economic conditions
Explanation:
Since in the question it is mentioned that the firm would incurred greater amount of expenses because of the expensive rents and the labor cost also their would be increase in the fuel price due to this it would increase the expenditure on the transportation so here the serious issues would be with the economic conditions as the price expenses denotes the economics
Therefore it represent the economic conditions
Juliana Corporation purchased all of the outstanding stock of Caldwell Inc, paying P2,700.000.c Juliana assumed all of the liabilities of Caldwell. Book values and fair values of acquired assets and Subles were: Book Value Fair Value Current assets (net) P420,000 P450,000 Property, plant, & equip. (net) 1,600,000 2.250,000 Liabilities 500,000 600,000 Determine the net asset value of the firm and the amount of goodwill of the corporation, A. P1,520,000; P 1,180,000 B. P2,1000,000; P 600,000; C. P2,700,000; P 880,000. D. P2,020,000; P 100,000.
Juliana Corporation has acquired all the outstanding stock of Caldwell Inc. and has paid P2,700,000. Caldwell's liabilities have also been assumed by Juliana Corporation. The book values and fair values of the acquired assets and Subles are given below:
Book ValueFair ValueCurrent assets (net)P420,000P450,000Property, plant, & equip. (net)1,600,0002,250,000Liabilities500,000600,000The net asset value of the corporation can be calculated by subtracting the total liabilities from the total assets.Net Asset Value = Total assets - Total liabilitiesNet Asset Value = (Current assets + Property, plant, and equipment) - LiabilitiesNet Asset Value = (P420,000 + P1,600,000) - P500,000Net Asset Value = P2,520,000 - P500,000Net Asset Value = P2,020,000The amount of goodwill can be calculated by subtracting the net asset value from the amount paid for the acquisition.Goodwill = Amount paid - Net Asset ValueGoodwill = P2,700,000 - P2,020,000Goodwill = P680,000Therefore, the net asset value of the firm and the amount of goodwill of the corporation are P2,020,000 and P680,000 respectively.Option (C) is the correct answer: P2,020,000; P 680,000.
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what is the opportunity cost of producing 1 unit of pottery in germany? (give your answer to one decimal if necessary)_____ units of tulips
The opportunity cost of producing one unit of pottery in Germany is 0.5 units of tulips.
Opportunity cost is calculated as the ratio of the two items. We will get the answer by comparing the amount of output of one commodity that must be foregone to increase the production of the other commodity by one unit.This is expressed as:
Opportunity Cost of Pottery = (Units of Tulips Produced) / (Units of Pottery Produced)
Therefore, the opportunity cost of producing one unit of pottery in Germany is 0.5 units of tulips.
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Answer gets brainliest
Jenelle is organizing an outline for an investigative report about the benefits
of taking a 30-minute walk each day. Which of the following statements
should she make first in her report?
A. We should encourage employees to take a 30-minute walk each
day by setting up a walking group.
B. Taking a 30-minute walk every day lowers the risk of heart disease
and leads to increased happiness.
C. The findings came from researching a number of government
sources and recommendations from doctors.
D. A 30-minute walk each day provides health benefits for employees,
so we should start a walking group.
D. A 30-minute walk each day provides health benefits for employees,
so we should start a walking group.
Jack has become a franchise of sonic and his local community this as enable him to have access to blank in order to sell the product
Answer:
the knowledge, processes, and trademarks of Sonic
Explanation:
On the income statement, a merchandising company reports the cost of merchandise inventory that had been sold to customers. TRUE OR FALSE
Answer:
True
Explanation:
The correct answer is - True
Reason -
Cost of goods sold is the inventory cost to the seller of the goods sold to customers. It Expense item with a normal debit balance.
The word expense is not written there but it is an expense item on the income statement as a reduction to Revenue.
Which area is particularly challenging when recruiting workers for small businesses?.
The area that is particularly challenging when recruiting workers for small businesses is compensation.
What is compensation?It should be noted that compensation simply means how much they workers will be paid as how to motivate them.
In this case, the area that is particularly challenging when recruiting workers for small businesses is compensation.
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coronel corporation wants to issue new 20-year bonds. the company currently has 8.5 percent bonds on the market that sell for $994, make semiannual payments, and mature in seven years. what should the coupon rate be on the new bonds if the firm wants to sell them at par?coronel corporation wants to issue new 20-year bonds. the company currently has 8.5 percent bonds on the market that sell for $994, make semiannual payments, and mature in seven years. what should the coupon rate be on the new bonds if the firm wants to sell them at par?
The coupon rate on the new bonds should be 7.54% if the firm wants to sell them at par.
To calculate the present value of the cash flows, we can use the following formula:
PV = C * (1 - (1 + r)⁻ⁿ)/r + FV * (1 + r)⁻ⁿ
Where:
PV = Present value of the cash flows (which we want to be equal to $1000)
C = Semiannual coupon payment
r = Semiannual discount rate (i.e., the YTM divided by 2)
n = Number of semiannual periods (i.e., 40)
FV = Face value of the bond (i.e., $1000)
We can rearrange this formula to solve for the coupon rate (C):
C = (PV * r)/(1 - (1 + r)⁻ⁿ) - FV * r * (1 + r)⁻ⁿ
Plugging in the values for PV, r, n, and FV, we get:
C = [0.045 * 1000] / [1 - (1 + 0.045)⁻⁴⁰] + [1000 / (1 + 0.045)⁴⁰]
Simplifying this expression, we get:
C = $37.71 per semiannual period
Multiplying this by 2 to get the annual coupon payment, we get:
C = $75.42 per year
Finally, we can convert this to a coupon rate by dividing by the face value of the bond ($1000) and multiplying by 100:
Coupon rate = ($75.42 / $1000) * 100 = 7.54% per semiannual period (or 15.08% per year)
So, the coupon rate on the new bonds should be approximately 7.54% per semiannual period to ensure that the bonds sell for par (i.e., for $1000).
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What Is NOT one of the three primary resources that farnilies have to reach financlal goals?
A.Education
B.Energy
C.Time
D.Money
Answer:
I think it would be education
Explanation:
Answer: A. Education
Explanation:
Doug offers to sell a computer router to Eve, but it is stolen before Eve accepts. Doug:
a. is not required to obtain a similar item for Eve, because it could take an unreasonable period of time to obtain a replacement.
b. is not required to obtain a similar item for Eve, because the theft of the original router terminated the offer.
c. must obtain a similar item for Eve, if Eve offers to pay before delivery.
d. must obtain a similar item for Eve, if Doug tells Eve that he accepts the offer.
Answer:
The answer is B
Explanation:
Since its been stolen he can't offer her anything anymore based on that transaction