Suppose the following is an estimated log-linear demand function:
ln Q = 8.99 – 3.78 ln P – 1.77 ln M – 2.03 ln PR
All parameter estimates are significant.
a. Is this good a normal or an inferior good?
b. Is this good a complement of or substitute for the related good?
c. What is the price elasticity of demand for this good?
d. What is the income elasticity of demand for this good?
Answers
The good is a normal good because the coefficient of ln M (income) is negative (-1.77), meaning that as income increases, the demand for the good decreases. b. The good is a substitute for the related good because the coefficient of ln PR (price of the related good) is negative (-2.03), indicating that as the price of the related good increases, the demand for this good increases
a. To determine whether this good is a normal or inferior good, we need to look at the sign of the income elasticity of demand (YED). A positive YED indicates a normal good, while a negative YED indicates an inferior good. Unfortunately, the estimated YED is not provided in the demand function, so we cannot answer this question.
b. To determine whether this good is a complement or substitute for the related good, we need to look at the sign of the cross-price elasticity of demand (XED). A positive XED indicates a substitute good, while a negative XED indicates a complement good. Unfortunately, the estimated XED is not provided in the demand function, so we cannot answer this question.
c. The price elasticity of demand (PED) can be calculated using the following formula:
PED = (% change in Q) / (% change in P)
Since the demand function is in logarithmic form, we need to use the chain rule to calculate the percentage changes:
% change in Q = (dQ/Q) * 100 = (1/Q) * dQ * 100
% change in P = (dP/P) * 100 = (1/P) * dP * 100
Using the estimated coefficients, we can calculate the PED as follows:
PED = (-3.78) * (P/Q)
Therefore, the PED for this good is -3.78, indicating that it is highly price elastic.
d. The income elasticity of demand (YED) can be calculated using the following formula:
YED = (% change in Q) / (% change in M)
Using the estimated coefficients, we can calculate the YED as follows:
YED = (-1.77) * (M/Q)
Unfortunately, the value of M is not provided, so we cannot calculate the YED.
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Related Questions
Introduce CTEVT in short.
Answers
Answer:
The Council for Technical Education and Vocational Training (CTEVT) constituted in 1989 (2045 BS) is a national autonomous body of Technical and Vocational Education and Training (TVET) sector committed for the production of technical and skillful human resources required to the nation.
On April 1, Crane Travel Agency Inc. was established. These transactions were completed during the month. 1. Stockholders invested $30.800 cash in the company in exchange for common stock. 2. Paid $810 cash for April office rent. 3. Purchased office equipment for $3,840 cash. 4. Purchased $280 of advertising in the Chicago Tribune, on account. 5. Paid $580 cash for office supplies. 6. Perfoed services worth $11,500. Cash of $4,000 is received from customers, and the balance of $7.500 is billed to customers on account. 7. Paid $510 cash dividend. 8. Paid Chicago Tribune amount due in transaction (4). 9. Paid employees' salaries $1,240. 10. Received $7,500 in cash from customers billed previously in transaction (6).
Answers
Stockholders invested $30,800 cash in the company in exchange for common stock. As a result, the company's cash account will increase by $30,800.Paid $810 cash for April office rent. Rent is an expense of the company, so the cash account will be decreased by $810.Purchased office equipment for $3,840 cash.
The office equipment is an asset of the company, so it will increase by $3,840. The cash account will be decreased by $3,840.Purchased $280 of advertising in the Chicago Tribune, on account. The accounts payable account will increase by $280.Paid $580 cash for office supplies. Office supplies are an asset of the company, so it will increase by $580. The cash account will be decreased by $580.
Performed services worth $11,500. Cash of $4,000 is received from customers, and the balance of $7,500 is billed to customers on account. The service revenue account will increase by $11,500. The cash account will increase by $4,000. The accounts receivable account will increase by $7,500.Paid $510 cash dividend. As dividends are a distribution of the earnings of the company, the retained earnings account will decrease by $510. The cash account will be decreased by $510.
Paid Chicago Tribune amount due in transaction (4). The accounts payable account will decrease by $280. The cash account will be decreased by $280.Paid employees' salaries $1,240. Salaries are an expense of the company, so the cash account will be decreased by $1,240.Received $7,500 in cash from customers billed previously in transaction (6). The cash account will increase by $7,500, and the accounts receivable account will decrease by $7,500.
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Lox, stock and bagel, inc. Issued 50,000 shares of the 100,000 authorized. It has since repurchased 5,000 of its shares. The number of shares outstanding equals ______ shares
Answers
Answer:
Explanation:
Lox, stock and bagel, inc. Issued 50,000 shares of the 100,000 authorized. It has since repurchased 5,000 of its shares. The number of shares outstanding equals ______ shares
The number of shares outstanding equals to 45,000 shares.
What are shares?Shares or share capital is the money a company raises by issuing common or preferred stock. It refers to the amount of money the owners of a company have invested in the business.
The number of shares outstanding is calculated as:
Number of shares issued = 50,000
Number of shares repurchased = 5,000
Number of outstanding shares = Number of shares issued- Number of shares repurchased
= 50,000-5,000
= 49,000
Therefore 49,000 shares is outstanding after repurchase.
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The market exchange rate between Australian dollars and the US dollars is USD 0.75 per Australian dollar. The real exchange rate is 1.25. What is the PPP based exchange rate?
Answers
The PPP-based exchange rate cannot be determined without information on price levels in both countries.
The Purchasing Power Parity (PPP) exchange rate is a theoretical concept that suggests that the exchange rate between two currencies should equalize the purchasing power of each currency in their respective countries. To calculate the PPP-based exchange rate, we need to divide the real exchange rate by the ratio of price levels between the two countries.
Given:
Market exchange rate: USD 0.75 per Australian dollar
Real exchange rate: 1.25
To determine the PPP-based exchange rate, we need to consider the price levels in both countries. However, the given information does not provide specific data on price levels. Therefore, we cannot calculate the PPP-based exchange rate without additional information on price levels.
The PPP-based exchange rate is influenced by various factors such as inflation rates, relative price levels, and cost of living. Without knowing the specific price levels in both countries, it is not possible to calculate the PPP-based exchange rate accurately.
To obtain an accurate PPP-based exchange rate, we would need information on price levels or inflation rates in both Australia and the United States. With that information, we could calculate the ratio of price levels and use it to adjust the real exchange rate.
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Which of the following best describes the relationship between a stock resource and a potential resource?
A) A stock resource becomes a potential resource once the resource is found and extracted.
B) A stock resource becomes a potential resource when technology is developed to reach and extract it.
C) A stock resource becomes a potential resource after it has been evaluated and quantified.
D) A stock resource can never be a potential resource because it has already been excavated.
Answers
Answer:
B
Explanation:
potential resource are the resources whose entire quantity may not be known and these are not being used at present. potential resource can become real resource when proper human resource ,science and technology are present.
Answer: The correct answer is B) A stock resource becomes a potential resource when technology is developed to reach and extract it.
Explanation: This answer has been confirmed correct.
Technology is required to harvest stock resources (such as solar power) through extraction, collection, and storage processes.
to maximize economic surplus, keep increasing output as long as
Answers
Answer:Therefore, total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price. Hence, only those sellers will produce a product
Explanation: i no it
For augment economic surplus, continue to increment yield insofar as total surplus is expanded when the cost rises to the market harmony cost.
What is Economic Surplus?Economic surplus is determined by consolidating the surplus advantage that is capable by the two purchasers and makers in an economic exchange.
Surplus relates to products as well as to monetary components, like benefit, income, and capital. Albeit this probably won't give off an impression of being an issue, something like benefit surpluses prompts expanded charge rates, and that additional duty cash might have been contributed somewhere else.
A surplus of capital focuses to the way that the financial backer, entrepreneur, or pioneer put a lot of cash into the organization or task, considering squandered money to be a normal outcome. In economics, the idea of surplus is generally found in the term spending plan surplus. This ordinarily alludes to situations where state run administrations have supported all their set projects and have cash left over subsequently.
Therefore economies actually take a stab at an economic surplus because of the conviction that overflow is superior to shortage.
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Toni Nicolet's
checking account balance on Monday, April 13, is $540; her savings balance is $980. On
Tuesday, April 14, she made an ATM withdrawal from checking of $86. On April 15, Toni plans to make
these online payments: income tax bill, $823, utility bill, $98, and charge account bill, $127. How much
money, if any, will Toni have to transfer into her checking account from savings to cover the online
payments and leave a balance of $50 in the checking account?
Answers
Answer:
$644
Explanation:
Toni has a balance of $540 on her checking account
She made an ATM withdrawal of $86
The balance on her checking account after withdrawal is
= $540 - $86
=$454
Toni intended to pay online payments on Arpril 15. The total of the payments
=$823 + $98 + $127
=$1048
It means Toni has a deficit of
=$454- $1048
=($594)
If Toni desires a balance of $50 after payments, she must withdraw 594+50 from the savings account.
=596 + 50
=$644
SPM: Given the amount of data/information ISs create in supply chains, why do some companies still struggle to identify bottlenecks in production before they cause issues for customers? Just curious as to with all this data, why isn't mitigating supply chain issues, or at least communicating them in advance done more efficiently?
SPM: Supply Chain Management seems use a lot of different technologies and methodologies like RFID, Just-in-Time ordering, and advanced analytics to manage goods in warehouses. How could advanced information technologies such as Artificial Intelligence and Robotics continue to improve upon Supply Chain Management information systems?
ERP: Enterprise Resource Planning systems combine all the business functions real time. SAP software is a popular one that I have experience working with and found very efficient. However, there are issues regarding transitioning from one system to the next such as black out memory. How can a company successfully transition from one ERP system to another without compromising data and security?
Answers
1. Companies struggle to identify bottlenecks in production despite the abundance of data due to challenges in data analysis and integration.
2. Advanced information technologies such as AI and Robotics can enhance Supply Chain Management systems.
3. Successful ERP system transitions require careful planning, data management, and security measures.
Some companies face difficulties in analyzing and integrating the vast amount of data generated in supply chains. This can be attributed to inadequate analysis techniques and the complexity of consolidating data from multiple sources, which hinders the timely identification of bottlenecks.
AI and Robotics offer potential improvements to Supply Chain Management by enabling real-time data analysis, predictive analytics, and automation of manual tasks. These technologies can optimize processes, enhance issue identification, and improve overall efficiency in warehouse management.
When transitioning from one ERP system to another, proper planning, data cleansing, migration, rigorous testing, training, and robust security measures are essential. These measures ensure the integrity of data, protect sensitive information, and facilitate a smooth transition to the new system without compromising data and security.
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What is the Congress or Legislative branch?
Answers
Answer:
The legislative branch is made up of the House and Senate, known collectively as the Congress. Among other powers, the legislative branch makes all laws, declares war, regulates interstate and foreign commerce and controls taxing and spending policies.
Explanation:
discount points on a mortgage are computed as a percentage of the
Answers
Discount points on a mortgage are computed as a percentage of the loan amount. Discount points are an upfront fee that a borrower pays to lower the interest rate on a mortgage. It is usually charged as a percentage of the loan amount, with each point equal to 1% of the loan amount. The cost of one discount point varies, but it is typically between 0.25% and 1% of the loan amount.
A discount point is essentially prepaid interest that the borrower pays at closing in exchange for a lower interest rate over the life of the loan. For example, if a borrower is taking out a $200,000 mortgage and decides to pay one discount point, they would have to pay a fee of $2,000 (1% of the loan amount) upfront. In return, the lender might lower the interest rate by 0.25% for the entire loan term, resulting in a lower monthly mortgage payment and less interest paid over the life of the loan.
Discount points are often used by borrowers who plan to stay in their homes for a long time and want to save money on interest payments over the life of the loan. However, it's important to remember that discount points are not always worth it and can be expensive upfront. It's important for borrowers to calculate whether paying discount points will save them enough money in the long run to justify the upfront cost.
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commercial banks hold deposits and
Answers
1. Describe how SaksFirst builds loyalty for Saks Fifth Avenue.
Answers
SaksFirst built loyalty for Saks Fifth Avenue by broadening its reach and offering more benefits like:
free membership for cardholders without minimum spending earning points toward SaksFirst card with first purchases and free shipping from Saks stores.How do brands build loyalty?Customers only continue to buy or patronize a brand if they feel they can trust the company, this is brand loyalty. Loyalty can be achieved through engaging customers, being reliable, keeping the price reasonable and incentives.
In the case of SaksFirst, they built loyalty by offering free memberships to Saks Fifth avenue customers, giving points for first card purchase and free shipping.
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money market mutual funds are included in a. neither m1 nor m2. b. m1 and m2. c. m2 but not m1. d. m1 but not m2.
Answers
Money market mutual funds are included in M2 but not in M1. The correct option is C
M1 includes only the most liquid forms of money such as physical currency, demand deposits, and traveler's checks. M2, on the other hand, includes all of M1 plus additional forms of money that are less liquid such as savings accounts, time deposits, and money market mutual funds.
Money market mutual funds are financial instruments that invest in short-term, low-risk debt securities such as treasury bills, commercial paper, and certificates of deposit. They are considered to be a type of near-cash asset because they can be easily converted into cash.
Money market mutual funds are an attractive investment option for those who want to earn a higher yield than traditional savings accounts while maintaining a low level of risk. Overall, money market mutual funds are an important component of the M2 money supply.
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A city starts a solid waste landfill during 2017. When the landfill was opened the city estimated that it would fill to capacity within 5 years and that the cost to cover the facility would be $1.5 million which will not be paid until the facility is closed. At the end of 2017, the facility was 20% full, and at the end of 2018 the facility was 45% full. If the landfill is judged to be a governmental fund, what liability is reported on the fund financial statements at the end of 2018
Answers
Answer:
The interpretation of the particular question is outlined in the following segment on the clarification.
Explanation:
The facility was indeed 20 percent full by either the end of December 2017 therefore the 3,00,000 would still have been recognized as an expenditure.
The facility also seems to be 45 percent complete at either the end of 2018, meaning that the 3,75,000 will have been accepted as expenditures,
⇒ \(1,500,000\times (45 \ percent-20 \ percent)\)
By most of the end of the decade, the financial sheet provides a snapshot 6,75,000 although this debt would be,
⇒ \(1,500,000\times 45 \ percent\)
So 3,75,000 should have been shown as the cost of the rest in the financial information for 2018, as well as 6,75,000 would have been shown as contractual obligations.
what is most likely to reveal a market opportunity for a specific product application?
Answers
The products or services developed to satisfy a consumer or market need. Consumer insight research provides more than just information about who and what your customers are.
Knowing the target market can easily help you identify a group of possible customers who are interested in, ready to buy, and able to afford your goods. After a buyer has the desire, means, and willingness to buy the product, there is a demand.
By making something more inexpensive, you can raise demand by lowering prices, but you can only generate demand from a customer's desire that already exists.
Several factors determine whether a good's demand increases or decreases. This includes the price of the goods, the perceived quality, the marketing budget, the buyer's income and confidence, and changes in consumer tastes and fashion.
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1.42points
Return to question
Item 4
Problem 6-52 (LO 6-4)
Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses:
Airfare $ 510
Lodging 3,100
Meals 775
Entertainment of clients 620
Required:
How much of these expenses can Jordan deduct?
Answers
The deductible amount of the expenses incurred by Jordan on her business trip are calculated to be $22,076. Therefore, the answer is $22,076.
The deductible amount of the expenses incurred by Jordan on her business trip can be calculated as follows:
Airfare: Non-deductible as personal expenses.
Lodging: 7 × $3100 = $21700 (100% deductible)
Meals: $775 × 16/75 = $166 (50% deductible)
Entertainment of clients: $620 × 50% = $310 (50% deductible)
Thus, the total amount that Jordan can deduct is $22076 (21700 + 166 + 310). Therefore, the answer is $22,076.
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Data table (Click on the following icon in order to copy its contents into a spreadsheet.)
Project Year 0 Year 1 Year 2 Year 3 Year 4
A - $102 $26 $28 $39 $48
B - $102 $48 $39 $28 $19
You are considering the following two projects and can take only one. Your cost of capital is 10.8%. The cash flows for the two projects are as follows ($ million):
a. What is the IRR of each project?
b. What is the NPV of each project at your cost of capital?
c. At what cost of capital are you indifferent between the two projects?
d. What should you do?
Answers
a. The IRR of Project B is approximately 2.6%.
b. The NPV of Project B is approximately $0.71 million.
To calculate the internal rate of return (IRR) and net present value (NPV) of each project, we need to analyze the cash flows provided and use the cost of capital of 10.8%. Let's calculate the IRR and NPV for each project:
Project A:
Cash Flows: -$102 million (Year 0), $26 million (Year 1), $28 million (Year 2), $39 million (Year 3), $48 million (Year 4)
a. To calculate the IRR of Project A, we find the discount rate that makes the NPV of the cash flows equal to zero. Using Excel or a financial calculator, we find that the IRR for Project A is approximately 13.2%.
b. To calculate the NPV of Project A, we discount each cash flow at the cost of capital of 10.8% and sum them up. The NPV of Project A is approximately $18.25 million.
Project B:
Cash Flows: -$102 million (Year 0), $48 million (Year 1), $39 million (Year 2), $28 million (Year 3), $19 million (Year 4)
a. The IRR of Project B is approximately 2.6%.
b. The NPV of Project B is approximately $0.71 million.
c. To determine the cost of capital at which you are indifferent between the two projects, you need to find the discount rate that makes the NPV of both projects equal to zero. In this case, the two projects have different cash flows, making it impossible to find a single discount rate that would make the NPV of both projects equal to zero. Therefore, there is no specific cost of capital at which you are indifferent between the two projects.
d. Based on the analysis, Project A has a higher IRR and NPV compared to Project B. Therefore, if you can only choose one project, it would be more beneficial to select Project A.
Please note that the calculations provided are approximations based on the given data, and exact values may vary depending on the specific discounting method used and the precision of the calculations.
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Which aspect of organizing Is concerned with dividing a large task Into smaller tasks and assigning the tasks to the right employees? __________, which is an important part of the organizing function, Includes dividing a large task Into smaller tasks and assigning the same to the right employees.
Answers
Answer:
i think its division of labor but im not sure
Explanation:
its right on edmentum/plato i just took the test
Answer:
division of labor
Explanation:
plato answer
Answer ASAP
An entrepreneur wants to start a bakery. He wants to make a sales forecast for his first six months in business, so he obtains the sales records for all the successful bakeries in his state and uses the monthly average for his forecast. What mistake is he making in this process? A. It is impossible to make an accurate sales forecast for a new business, and attempting to do so will only set him up for failure and disappointment. B. He should not use data from bakeries in his own state, as it is unlikely that they will report accurate estimates to their potential competitor C. He should be looking at sales records for all the successful bakeries in the country, not just in his state. D. It is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.
Answers
The Mistake is he making in this process it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months. The correct option is D.
What is the importance of sales forecasting?A precise sales forecast enables businesses to efficiently allocate resources for future growth while also managing cash flow. Forecasting sales help create benchmarks for future trends and allow executives to make early course corrections. Revenue executives can optimize for more wins by aligning sales quotas with revenue goals.
Make a list of the products and services you offer. Estimate how much of each you anticipate selling. Define the unit price or monetary worth of each sold good or service. Divide the number of units sold by the price. Determine the cost of producing and selling each commodity or service.
Thus, the ideal selection is option D.
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Answer:
option d
Explanation:
it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months
Select the correct answer.
George, the market analyst of his company, will be calculating the company's sales forecast for the next month (May). He has decided to use the moving averages method of sales forecasting to complete his task. The sales for the last four months are $30,000 (April). $35,000 (March), $25,000 (February), and $30,000 (January). If George uses the formula to calculate moving averages, what sales forecast figure will he arrive at?
a.25000
b.30000
c.20000
d.35000
Answers
Answer:
b.30000
Explanation:
The moving average follows the trend of data to forecast the next value.
the formula applicable in moving average is = (n1 + n2 + n3 + ...) / n
For George, the moving average will be
=$30,000 + $35,000 +$25,000 + $30,000/4
=$120,000/4
=$30,000
People in the first (or beginning) level of management in a company are known as?
Answers
Answer:
people in the first or beginning level of management in company known as "supervisors"
which responsibility centers generate both revenues and costs?
Answers
Answer:
A profit center is a responsibility center having both revenues and expenses.
Explanation:
I tired
in the petition of the candlemakers, frédéric bastiat argues that the government of france should impose trade barriers against which foreign competitor?
Answers
In the petition of the candlemakers, frédéric Bastiat argues that the government of France should impose trade barriers against the Sun.
The eminent French economist Frederic Bastiat wrote The "Candle Maker's Petition," which is a satire of protectionist taxes. Bastiat's critique of mercantilism extended in many ways to Adam Smith's defense of free trade, but he focused on government tariffs imposed to shield native sectors from foreign competition.
The French government is petitioned for protective action against unfair competition from the sun by all of the industry participants, including "the manufacturers of candles, tapers, lanterns, sticks, street lamps, snuffers, and extinguishers, and from producers of tallow, oil, resin, alcohol, and generally of everything connected with lighting."
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Last year Janet purchased a $1,000 face value corporate bond with an 7% annual coupon rate and a 15-year maturity. At the time of the purchase, it had an expected yield to maturity of 8.97%. If Janet sold the bond today for $1,157.74, what rate of return would she have earned for the past year? Do not round intermediate calculations Round your answer to two decimal places
Answers
Janet earned a rate of return of 22.77% for the past year on her corporate bond investment. To calculate Janet's rate of return, we need to use the formula:
Rate of Return = (Ending Value - Beginning Value + Annual Interest) / Beginning Value
In this case, the beginning value is the face value of the bond, which is $1,000. The ending value is the amount Janet sold the bond for, which is $1,157.74. The annual interest is the coupon payment, which is 7% of $1,000, or $70.
Using the formula, we get:
Rate of Return = ($1,157.74 - $1,000 + $70) / $1,000 = 22.77%
This high rate of return can be attributed to the fact that Janet purchased the bond when its yield to maturity was lower than the current market rate. As interest rates rise, the value of existing bonds decreases, leading to higher returns for investors who purchased the bonds at lower rates.
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Over the next 10 years, a company projects its continuous flow of revenue to be R(x) = 80e0.15 thousands of dollars and its costs to be C(x) = 0.9x² + 60 thousands of dollars, where z represents the number of years from now. Approximate, to the nearest dollar, the profit this company can expect to make over the next 10
years.
Answers
The company can expect to make a profit of approximately $X over the next 10 years.
To calculate the profit, we need to subtract the costs from the revenue over the given time period. The revenue function R(x) represents the continuous flow of revenue, and the cost function C(x) represents the costs incurred. The profit function P(x) can be obtained by subtracting the cost function from the revenue function:
P(x) = R(x) - C(x)
In this case, the revenue function is given as R(x) = 80e^0.15x, and the cost function is given as C(x) = 0.9x^2 + 60. We can substitute these functions into the profit function to calculate the profit over the next 10 years.
P(x) = 80e^0.15x - (0.9x^2 + 60)
To find the profit over the next 10 years, we evaluate the profit function at x = 10:
P(10) = 80e^0.15(10) - (0.9(10)^2 + 60)
Evaluating this expression will give us the approximate profit that the company can expect to make over the next 10 years.
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2. Which of the following holds large quantities of product that are later sent either to retail
locations or directly to customers?
A. Manufacturer
B. Wholesaler
C. Distribution center
D. Retailer
Answers
Answer:
A.
Explanation:
Manufacturer is a person or a registered company that produces finished goods from raw materials and sell to earn profit. The manufacturers sell it's finished products to retailers or wholesalers, who then sell it to customers. Manufacturers can also sell it's product directly to customers to earn profit.
Therefore, the correct answer of the question is option A. It is manufacturers who produces large quantities of finished goods and sell it to retailers and wholesalers and sell it directly to customers.
Thus option A is correct.
From the employer's perspective, Is the employers the true
customer of healthcare? Does the employer (HR) benefit more from
healthcare or not?
Answers
From the employer's perspective, the employers can be considered as the true customer of healthcare. This is because employers are the ones who provide health insurance coverage to their employees as part of their benefits package. In terms of benefits, employers (specifically the HR department) can benefit greatly from providing healthcare coverage.
The employer acts as a middleman between the employees and the healthcare providers, negotiating and paying for the healthcare services on behalf of their employees. Offering healthcare benefits can attract and retain talented employees, as it is a valuable perk that can enhance job satisfaction and loyalty. It can also improve employee productivity and reduce absenteeism, as employees have access to necessary medical care.
Additionally, employers can take advantage of group purchasing power and negotiate better rates with healthcare providers, saving on healthcare costs. However, it is important to note that the true benefits of healthcare are not limited to the employer alone.
Employees also benefit from having access to healthcare services, as it provides them with financial protection against unexpected medical expenses and promotes overall well-being. Therefore, while employers may benefit from offering healthcare coverage, it is ultimately a mutual advantage for both the employer and the employee.
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What part of $14 is greater than $12
Answers
Answer:
$2
Explanation:
so this question is easy and not need to be explained much but if u don't know then there r many ways to find the answer one of it is to
$14 - $12 = $2
Done!!!!!
brunomendez878788cano
Answers
Answer:
what does that mean i even tryed to look it up but it says
Explanation:
Conflict of Intrest? Jamil works in a store that sells athletic equipment and supplies. Jamil’s sales record is good due to offering potential customers private lessons after hours on how to use the equipment. He charges $35 per session. The company is aware that Jamil is offering this service, and has expressed its approval.
Answers
Yes there is a potential conflict of interest in this scenario jamil is an employee of the athletic equipment and supplies store and is using his position to offer private lessons for a fee.
How to identify the conflictwhile the company has expressed its approval of jamil s actions there is a possibility that customers may feel pressured to purchase the private lessons in order to receive good service or to secure jamil s assistance in the future
furthermore jamil may be incentivized to prioritize the sale of private lessons over the sale of equipment as he stands to profit more from the former
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