(.) Price
The ratio of the percentage change in quantity demanded to the percentage change in price is known as the elasticity of demand. Calculating the price elasticity of demand involves dividing the percentage change in quantity by the percentage change in price.
What is the elasticity of demand?The degree to which the amount of a product is modified in demand in response to a change in any market component, such as price, income, etc., is known as demand elasticity. It keeps track of shifts in demand brought on by changes to other economic factors.
Elastic demand occurs when a change in price results in a sizable change in the amount demanded. Products with elastic demand include consumer durables. These are infrequent purchases that can be delayed if the price goes up, much like a washing machine or a car.
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Which of the following are the four underlying strategic management concepts that determine the scope of a firm?
a. transaction costs
b. core competencies
c. economies of scope
d. economies of scale
the core competence of strategic management that determine a firm's scope
What are the main skills?A company's core capabilities set it apart from the competitors and provide it a competitive edge on the market. Instead of physical or monetary assets, a company's core competencies typically refer to its set of abilities or experience in a particular activity.
What do the top ten life skills consist of?The ten core strategies and techniques for developing life skills are listed by NICEF, UNESCO, and WHO as ability to solve problems, critical thinking, effective communication, decision-making, innovative thinking, interpersonal skills, self-awareness building skills, compassion, and coping with stress and emotions.
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An investment firm advertises certificates of deposit paying a 7. 2% effective rate. Find the annual nominal rate, compounded weekly, that gives the effective rate.
An investment firm advertises certificates of deposit paying a 7. 2% effective rate. The annual nominal rate, compounded weekly, that gives the effective rate is 7.2%.
The formula for converting from an effective rate to a nominal rate compounded n times per year is:
Nominal Rate = [(1 + Effective Rate / n)*n - 1] * 100
In this case, we want to find the annual nominal rate compounded weekly. Since there are 52 weeks in a year, we can substitute n = 52 into the formula.
Nominal Rate = [(1 + 0.072 / 52)*52 - 1] * 100
Calculating the result: Nominal Rate = [(1 + 0.00138461538)*52 - 1] * 100
Nominal Rate ≈ [(1.00138461538)*52 - 1] * 100
Nominal Rate ≈ (1.072 - 1) * 100
Nominal Rate ≈ 7.2%
Thus, the annual nominal rate compounded weekly that gives an effective rate of 7.2% is approximately 7.2%.
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because of the partiality embedded in plans, plans are hierarchical. question 1 options: true false
The given statement: Because of the partiality embedded in plans, plans are hierarchical is TRUE.
In business, management, and administration, planning is the process of establishing objectives and determining the methods to achieve them. Organizations set goals and establish policies, procedures, and systems to achieve them, with the goal of directing the behavior of workers and resources toward the organization's objectives.
As a result, plans must be made to establish a path to follow, with partiality and hierarchy included in those plans. Partiality refers to a biased, one-sided viewpoint or approach, and it can have a significant impact on plans.
The objectives, policies, and procedures that are planned will be more favorable to some stakeholders than to others, and this bias will be reflected in the hierarchical structure of the plans.
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a defense contractor is starting production on a new missile control system. on the basis of data collected during the assembly of the first 4 control systems, the production manager obtained the function
The production manager obtained the function to analyze data and optimize the production process for the new missile control system.
In the context of a defense contractor starting production on a new missile control system, the production manager plays a crucial role in ensuring efficiency and quality throughout the manufacturing process. By collecting data during the assembly of the first four control systems, the production manager can gain valuable insights into the production process and make informed decisions to improve it.
The obtained function refers to a mathematical model or algorithm that can analyze the collected data and provide valuable information about the production process. This function could involve various statistical techniques, machine learning algorithms, or other data analysis methods. By applying this function to the collected data, the production manager can identify patterns, trends, and potential areas for optimization.
With the help of the obtained function, the production manager can identify any bottlenecks, inefficiencies, or defects in the assembly process. This information allows them to make adjustments, streamline operations, and enhance the overall performance of the production line. They can identify specific steps or components that may require modifications or improvements to ensure the final product meets the required specifications and quality standards.
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How many years would it take an investment of $116.00 to grow to $28,448.00 at an annual rate of return of 11.66% ? (1.5 points)
To find out how many years it would take for an investment of $116.00 to grow to $28,448.00 at an annual rate of return of 11.66%, we can use the compound interest formula:
\(A = P(1 + r/n)^(nt)\)
Where:
A = the future value of the investment
P = the initial investment amount
r = the annual interest rate (in decimal form)
n = the number of times interest is compounded per year
t = the number of years
In this case, we have:
A = $28,448.00
P = $116.00
r = 11.66%
= 0.1166
n = 1 (since the interest is compounded annually)
Let's plug in the values and solve for t:
$28,448.00 = $116.00\((1 + 0.1166/1)^(1*t)\)
Dividing both sides by $116.00, we have:
($28,448.00/$116.00) = \((1 + 0.1166/1)^(1*t)\)
245 = \((1 + 0.1166)^t\)
Now, we can solve for t by taking the logarithm of both sides:
log(245) =\(log((1 + 0.1166)^t)\)
Using the logarithmic property\(log(a^b) = b*log(a)\), we have:
log(245) = t*log(1 + 0.1166)
Dividing both sides by log(1 + 0.1166), we get:
t = log(245) / log(1 + 0.1166)
Using a calculator, we find that:
t ≈ 13.39
Therefore, it would take approximately 13.39 years for the investment of $116.00 to grow to $28,448.00 at an annual rate of return of 11.66%.
It would take approximately 13.39 years for the investment of $116.00 to grow to $28,448.00 at an annual rate of return of 11.66%.
To find the number of years it would take for an investment of $116.00 to grow to $28,448.00 at an annual rate of return of 11.66%, we use the compound interest formula. This formula helps calculate the future value of an investment by taking into account the initial investment amount, the interest rate, the number of times interest is compounded per year, and the number of years. By plugging in the given values, we can solve for the number of years (t).
After applying the logarithmic property to simplify the equation, we find that t is approximately equal to 13.39 years. This means that it would take around 13.39 years for the initial investment of $116.00 to grow to $28,448.00 with an annual interest rate of 11.66%.
Compound interest calculations can help determine the time required for an investment to reach a desired future value.
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How is opportunity cost of production calculated?.
Explanation:
Opportunity cost is calculated by applying the following formula: Opportunity Cost = Return on Most Profitable Investment Choice - Return on Investment Chosen to Pursue.
A company's ________ tells you how much money the company has left over after subtracting all expenses. A. Net profit B. Gross profit C. Revenue D. Cost of goods sold Please select the best answer from the choices provided A B C D
Answer:
A. net profit is the correct anwer..
Answer:
A.
Net profit
Explanation:
What is the main function of a business?
If there are five goods in a barter​ economy, one needs to know ten prices in order to exchange one good for another.​ If, however, there are ten goods in a barter​ economy, then one needs to know​ ________ prices in order to exchange one good for another.
Why do potential lenders frequently request to see your credit report before allowing you to borrow money? *
1 point
It allows them to see exactly what you purchase on a regular basis, so they can assess your character
It's the only way they can legally see how much you have in your bank accounts
It allows them to assess your creditworthiness by reviewing where you went to college, where you work, and how much you've paid, so far, in taxes
It allows them to assess how much current debt you have and how responsible you've been in making payments on existing debt
Potential lenders frequently request to see your credit report before allowing you to borrow money because it allows them to assess how much current debt you have and how responsible you've been in making payments on existing debt.
What is credit report?
Your particular credit history is compiled in a credit report. Your credit report contains information that can be used to identify you, such as your address and date of birth, as well as information about your credit past, such as how you handle debt or whether you've ever filed for bankruptcy.
Your credit reports contain valuable financial data that lenders use to assess your degree of credit risk or how likely you are to make on-time bill payments. Your credit reports detail the kinds of credit accounts you've had, your payment history, and other details like your credit limits.
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Which best describes how specialized producers decrease their opportunity costs?
Oby reducing production costs
O by focusing on target markets
O by increasing production of certain items
Oby limiting the types of goods produced
The specialized producers decrease their opportunity costs by limiting the types of goods produced. Thus the correct option is last.
What does the opportunity cost?A situation of abundance, where an individual has a variety of options available and chooses one option over another by evaluating their importance is referred to as opportunity cost.
It's crucial to keep in mind that a supplier with a competitive edge can provide a good or service for less money than a rival supplier. By limiting teh goods producers can decrease the opportunity Cost.
Opportunity costs can be seen in every situation where a person is required to decide between something and giving up something else. In accordance with this theory, economic agents choose options that maximize benefits.
Therefore, option D is appropriate.
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Oh boy not much points left better get some
Answer:
Im so confused
Explanation:
:)
Answer:
..........
Explanation:
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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Which is the most effective way to reduce your risk as a driver?
The multi resource company manufactures two lines of washing machines, regular and deluxe. the contribution margin per unit of a regular model is $110 and for deluxe model is $175. the company has two departments, assembly and testing. the regular model requires 3 hours to assemble, while a deluxe model requires 4 hours. the total time available in assembly is 12,144 hours. in the testing department, it requires 2. 5 hours to test a regular model and 1. 5 hours to test a deluxe model. a total of 6,240 hours of testing time is available. based on this information, the optimum production plan for multi resource is:
Based on this information, the optimum production plan for multi-resource production is 3,036 Deluxe models.
What is the optimum production plan?The optimum production plan is the production plan that yields the highest level of contribution margin per unit of the limited resource.
Data and Calculations:Regular Deluxe Total
Contribution margin per unit $110 $175
Assembly hours 3 4 12,144
Testing hours 2.5 1.5 6,240
Limited resource = Assembly hours
Contribution margin per unit of limited
resource = $36.67 ($110/3) $43.75 ($175/4)
Thus, the optimum production plan is to maximize the contribution margin per unit of the limited resource by producing 3,036 units of the Deluxe Model (12,144/4).
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what is business?????????????
A business is defined as an organisation or enterprising entity engaged in commercial, industrial,or professional activities.
the development of team roles arises from the ______ of the team, the organization, and the team members themselves.
Answer:Expectations
Explanation:
An $8,000 coupon bond with a $400 coupon payment every year has a coupon rate of
A. 5 percent.
B. 8 percent.
C. 10 percent.
D. 40 percent.
An $8,000 coupon bond with a $400 coupon payment every year has a coupon rate of 5 percent.
A bond having coupons associated that reflect semiannual interest expense is known as a coupon bond, borne bond, or friendship coupon. With debt instruments, the issuer does not keep any records of the buyer, and no documentation has the buyer's name either. These coupons are given to bondholders during the time between the bond's issuing and maturity. A coupon bond's holder receives monthly payments of the agreed-upon fixed interest rate, which is calculated by dividing the coupon rate by the nominal value of the bond and the period factor.
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When an ad says “best offer”, what does that mean?
A.The owner wants money than the car is worth
B.The owner may accept less money than the asking price
C.The owner wants no less than what the car is listed for
D.The owner has B.O. and is trying to get rid of the car
Answer:
B
Explanation:
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Most students don't consider that they'll end up paying far more than the original amount they borrowed on their student loans because of
Answer:interest rates
Explanation:
The longer you have to pay off the more interest adds up
why does the increased demand for more service make product management more difficult?
Answer:
One of the hardest challenges in product management is getting people aligned—especially if they have different reporting lines and objectives. Here it helps to remember that our job is not to have all the answers—but to ask the best questions.
Explanation:
Answer:
because when an increase of demand is high
In general, minimum how long you need to monitor a Gigabit Ethernet link to approximate 10-12 BER? OA 1000 seconds 1200 seconds 12 seconds 1000 minutes OE 1 second OF 1012 seconds OB. O.C. D.
In general, the minimum time you need to monitor a Gigabit Ethernet link to approximate 10-12 BER is 1000 minutes.Option (OE) 1 second is incorrect since 1 second is not enough time to approximate a 10-12 BER. The BER is the ratio of the number of bits that have errors to the total number of bits that have been transmitted.
A 10-12 BER means that out of every 10,000,000,000,000 bits transmitted, 10 bits are likely to have errors. BER testing is important in any data transmission system because it can help detect signal quality issues early on and prevent major problems from arising. A Gigabit Ethernet link typically operates at 1 Gbps. To approximate a 10-12 BER, the system has to send a large number of bits, and this process can take a long time. In general, monitoring the Gigabit Ethernet link for approximately 1000 minutes can help approximate a 10-12 BER.
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If a firm's business activities do not result in profit maximization, whilst alternatives exist, then such activities amount to irresponsible actions. Discuss any five sets of economic responsibilities firms must embrace to ensure the protection and enhancement of the business
Answer:
For companies progress the employer should go for long process in which they can embrace the customer with attractive and responsive policies.
Explanation:
Now, these days companies are coming in front with the issues and responsibilities focus on the rights of women, to protect the environment, to attempt the action to literate the poor people at the level of national, international, and global levels. The companies that want to attract people at a global level they share an attractive hoarding for a customer as well as the shareholders.
To become responsible the company can use the image and be built the brand of the company.Social responsibility makes the employee responsible and encourages them to do something worthwhile for society.Social responsibility can empower the employee.To promote the social responsibilities that can boost the morale of employees.
What is the total cost to conduct a market research survey will $500 base fee plus $3 per question and 1.25per person surveyed? The survey has 13 questions and will be sent to 300 people.
answer: The survey has 12 .
Explanation:
Assets on the balance sheet of a bank do not include: loans to customers. bank premises. checking accounts of customers. investment securities. QUESTION 2 Which of the following ratios would be most m
The correct answer to the first question is: "checking accounts of customers."
Assets on the balance sheet of a bank typically include various items such as loans to customers, bank premises (buildings and property owned by the bank), and investment securities (such as stocks, bonds, and other financial instruments). However, checking accounts of customers are liabilities of the bank, not assets. Checking accounts represent funds that customers have deposited in the bank, which the bank owes to its customers.
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Researchers conducted a study to determine the monthly rental cost of rent-controlled apartments in the five boroughs of New York City in 2012. The study randomly sampled 157 apartment records from the Bronx, obtained from a large collection of income- and expense-filing statements. The 95% confidence interval of rent-controlled apartment costs in the Bronx was $917.00 ± $22.10. The cost of all rent-controlled apartments in the Bronx has a standard deviation of $73.70. State the conclusion of the z-confidence interval for the mean. Researchers are certain that the interval ($894.90, $939.10) contains the mean.
Question Completion:
Researchers are ________certain that the interval ($876.28, $899.72) contains the mean monthly rental cost of _____. (
all rent-controlled apartments in New York City.
all rent-controlled apartments in Bronx.
the 157 apartments in the sample.
all apartments in Bronx)
Answer:
Researchers are ___95%_____certain that the interval ($876.28, $899.72) contains the mean monthly rental cost of _____.
all rent-controlled apartments in Bronx.
Explanation:
The 157 samples were from the Bronx, "obtained from a large collection of income- and expense-filing statements." The concentration of the study was on "rent-controlled apartments in the Bronx." So, the study or research is specific. Therefore, the generalization from its findings can only be specific to the Bronx borough of New York City and affecting only rent-controlled apartments.
Which best describes the facilities involved in the Healthcare cluster?
Some facilities are privately owned, some are funded and run by the government, and some are run by nonprofit organizations.
Some facilities are privately owned businesses that are owned by people who want to make money, and some facilities are nonprofit hospitals.
Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Many facilities are nonprofit clinics with the rest of the facilities owned and operated by private individuals to make a profit.
Answer: (C) Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Answer:
C. government
what should a firm do in order to be organized to capture value? multiple select question. have a rare and valuable resource have good coordinating systems have a good organizational structure have ceos with forward-thinking vision
A firm should be organized in order to capture value. The following are some things that a firm can do in order to be organized to capture value: Have good coordinating systems, Have a good organizational structure, and Have CEOs with forward-thinking visions.
Firms must first have good coordination systems in place in order to seize value. This entails ensuring that all teams and departments are operating in tandem with one another to achieve common goals. When all teams are aligned, they can better focus on strategic initiatives that can increase the firm's value.A good organizational structure also aids firms in capturing value. Having a defined organizational structure can aid a company in managing its employees and teams. It guarantees that the company's goals are clearly expressed to all employees, and it provides a solid foundation for workers to function effectively.A firm must also have CEOs with forward-thinking visions in order to capture value. This necessitates the ability to see ahead of the present and to determine what strategies and initiatives will assist the firm in growing in the future.A forward-thinking CEO will be more successful in anticipating and responding to changes in the industry, allowing the company to remain competitive and capture value.Learn more value: about https://brainly.com/question/15904086
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Imagine your class has been asked to organize a career fair for your school. Now that you know about all the career clusters, you want to be sure to include each one in the career fair,
Working in small groups, imagine your class has been asked to organize a career fair for your school. Now that you know
Brainstorm how you would begin to organize this career fair. What would you need to do? What information would you
need to have? What permissions would you need to secure? Where will this be held?
Describe your plan below in detail.
Answer: Organizing a career fair requires knowledge of a variety of career clusters. Here are certain ideas you can use while organizing a career fair:-
After dividing the class into smaller groups assign each group a particular career path on which they can prepare a presentation.Prepare an itinerary for the presentations and assign each group a particular time slot.These itineraries can be distributed as pamphlets to the target audience.Each group can make an effort to invite certain professionals or experts from the field for the occasion.Permission from the School Council and higher authorities might be required for the use of school grounds and auditoriums.Each group must have a leader for the coordination of the activities.The leaders must work together as a team and keep each other updated about the progress of their individual groups.