The law of supply and demand combines two basic economic theories, stating that when prices rise, supply increases while demand decreases. As the price falls, supply is constrained and demand is increased.
How the prices get affected?When demand is constant, the connection between supply and prices of products and services is inverse. Prices often decline to a lower equilibrium price and a greater equilibrium quantity of goods and services when the supply of goods and services increases while the demand for those goods and services remains constant. Prices often increase to a higher equilibrium price and a lesser quantity of goods and services when the supply of goods and services declines while the demand for those goods and services remains constant. Demand for products and services is inversely correlated with supply. However, when supply is constant but demand is rising, the higher demand drives up the equilibrium price and vice versa.
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Which savings account will earn the most interest?
A $5,000 at 4 percent interest compounded for four years
B. $10,000 at 2 percent interesi compounded for four years
C. $10,000 at 2 percent simple interest for four years
D. $5,000 at 4 percent simple interest for four years
The savings account that will earn the most interest is $10,000 at 2 percent interest compounded for four years.
What is simple interest and compound interest?Simple interest rate is the interest that is paid only on the principal portion of a loan. Compound interest is when both the amount deposited and the interest already earn increase in value when interest is paid.
Thus, when an account is compounded and the other earns a simple interest, the account that earns a compound interest would have a higher value than the account that earns a simple interest.
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Answer:
The answer is A. $5,000 at 4 percent interest compounded for four years.
what is the yankees' opportunity cost of using babe ruth as a pitcher? note: a pitcher does not usually pitch in every game and hence, will not be in the batter lineup every game. a. his potential as a catcher b. his potential as an outfielder c. his potential as a short stop d. his potential as a hitter
The Yankees' opportunity cost of using Babe Ruth as a pitcher is that they potentially lose out on his potential as a hitter, which was one of his greatest strengths.
As a pitcher, Ruth would not be in the batter lineup every game, meaning that the Yankees would have to find someone else to fill that role. This could result in a weaker batting lineup overall. Additionally, Ruth had potential as a catcher, outfielder, and shortstop, all positions in which he could have contributed to the team's success. By using him primarily as a pitcher, the Yankees may have missed out on the opportunity to maximize Ruth's versatility and overall value to the team. Ultimately, the opportunity cost of using Ruth as a pitcher is the potential benefits the team could have gained by utilizing his talents in other positions.
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TETE
QUESTION 2 / 10
The opportunity cost of earning an advanced college degree is that:
A. You will earn more income during your
career,
B. Some fields require a professional
degree before you can begin working.
C. There may be a low supply of jobs in
your professional field.
D. You will earn less money during the
years that you are in college.
How a group is arranged in regards to leadership, governance, rules for operation and decision making is called _______ structure.
i need friend on brainly asaPPPPPPPPPPPPPPPPPPPPPPPPPP
plessssssssssssss i neeedd 10000000000kkkkkk
Answer: can i be your friends
Explanation:
Analyse how a Production Possibility Curve ( PPC ) illustrates scarcity, opportunity cost & efficiency.
The production possibilities curve (PPC) exists as a graph that demonstrates all of the various combinations of output that can be produced given existing resources and technology.
What is Production Possibility Curve ( PPC )?The production possibilities curve (PPC) exists as a graph that demonstrates all of the various combinations of output that can be produced given existing resources and technology. Sometimes named the production possibilities frontier (PPF), the PPC illustrates scarcity and tradeoffs.
PPF stands for the production possibility frontier and it exists illustrated by supporting the production of one good at the x-axis and another good at the y-axis. It thereby demonstrates all the possible varieties that can be produced with limited resources.
Scarcity: The resources that require to be utilized because they serve as input are limited or scarce and these same scarce resources exist used by an economy to produce the goods. Therefore, the Production possibility curve exists drawn and it illustrates the scarcity of resources known to an economy.
Choice: An economy has a preference to produce among different combinations of goods that lie on the production possibility curve. Therefore, the curve displays the choice as well.
Opportunity cost: Suppose the economy exists producing a bundle of goods 1 and 2 and the bundle stands (x,y). Now, if it desires to increase the consumption of good 1 by 1 unit, it has to decrease the consumption of good 2. Therefore the opportunity cost of producing a unit of good 1 exists in the sacrifice that has been created for good 2.
Productive efficiency: An economy utilizes all its scarce resources to produce two goods but whether it is utilizing those resources efficiently exists the point of concern. If it uses them efficiently, it creates the production possibility curve otherwise at a point that lies somewhere inside the PP curve.
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Land labor capital on strawberries
A factory is considered what type of resource?
land
labor
physical capital
human capital
A factory falls under the category of physical capital, representing tangible assets and infrastructure utilized in the production process. Option C.
Physical capital refers to the tangible assets that are used in the production process to create goods or services. These assets include machinery, equipment, buildings, vehicles, and infrastructure. They are essential resources that contribute to the production capacity and efficiency of a business or organization.
A factory is a prime example of physical capital as it represents a dedicated space or facility equipped with machinery, tools, and equipment designed for manufacturing or production activities. It provides the necessary infrastructure and resources for transforming raw materials into finished products.
Factories typically house specialized equipment and machinery specific to the industry or production process they serve. This physical capital enables businesses to carry out mass production, streamline operations, and achieve economies of scale.
Physical capital is an important factor of production alongside other resources such as land, labor, and human capital. It plays a crucial role in enhancing productivity, output, and overall economic growth.
Effective management and investment in physical capital can lead to improved efficiency, cost reduction, and technological advancements in production processes.
In summary, a factory is categorized as physical capital, representing the tangible assets and infrastructure used in the production process. So Option C is correct.
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Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges
Answer:
1,2 & 5
Explanation:
Answer:
1, 2, 5
Explanation:
edge 2021
what are research methods used to generate new ideas? (select all that apply
Focus groups, trend hunting, and depth interviews are some of the Research methods that are used to come up with new ideas.
Research techniques are the methodologies, cycles, or strategies used in the assortment of information or proof for examination to reveal new data or make a superior comprehension of a subject. There are many different kinds of research methods that use a variety of tools to gather data.
A center gather is an examination technique that carries a little gathering to respond to inquiries in a directed setting. The study of fashion and consumption trends and predictions is referred to as "coolhunting" or "trend hunting."
A method of qualitative research known as "in-depth interviewing" entails in-depth one-on-one conversations with a select group of respondents to learn more about their perspectives on a particular concept, program, or circumstance.
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3. Which of the following is consistent with the basic economic postulate that incentives
matter?
Consumers buy fewer cars when the price of cars rises.
a.
b. Farmers produce less corn when corn prices decline.
C. A politician votes for a subsidy when it is in the best interest of a special interest group
within his district even if it might harm other voters.
d. All of the above.
All of the given option are consistent with the basic economic postulate that incentives matter.So, option (d) is correct answer.
What is economic incentives?Economic incentives are financial perks offered to individuals to change their patterns of consumption and output in an economy. Most often, economic incentives are used to alter people's behavior such that desired results appear naturally.
Economics as a whole is based on the straightforward tenet that shifts in incentives have predictable effects on how people behave. Incentives are influenced by both monetary and non-monetary factors.
People will be less inclined to select something if it becomes more expensive. In turn, consumers will be more inclined to select an alternative as the benefits associated with it grow. This straightforward notion, often known as the basic postulate of economics, is an effective tool because it pertains to practically everything we do. Less people will select an option as it grows more expensive.
So, above postulate is satisfied by all options given to us.
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what are three types of pricing associated with business products?
Answer:
geographic pricing, transfer pricing, and discounting.
Explanation:
internet.
Determine the correct sequence of the following events from start to finish.
-The kitchen staff prepares the dishes.
-Fatima, the expediter,checks the order before the server picks them up.
-Lara then transmits the order to the kitchen
-Lara takes the order from the customer and notes down.
-Brian, the chef, estimates the time each dish will require for preparation
-Lara retrieves the order and delivers it to her customer
The correct sequence of the events from start to finish is:
-Lara takes the order from the customer and notes down.Lara then transmits the order to the kitchenBrian, the chef, estimates the time each dish will require for preparationThe kitchen staff prepares the dishes.Fatima, the expediter,checks the order before the server picks them up.Lara retrieves the order and delivers it to her customerWhat is the sequence of ordering food in a restaurant?The first thing that happens is that the waiter picks up the order from the customer and takes note of it. The order will then go to the kitchen where the chef will estimate how long the order will take to be prepared.
The expediter will then check the order when the meal is done but before the waiter picks it up. The waiter than delivers to the order.
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Which of the following makes it more likely that private solutions to externality problems will succeed?
a. high transaction costs
b. high prices for legal services
c. delays in the bargaining process
d. a small number of affected parties
e. loosely defined legal rights
The option that makes it more likely for private solutions to externality problems to succeed is a small number of affected parties. So, correct option is D.
When there are a small number of affected parties involved in addressing an externality problem, it becomes easier for them to negotiate and reach an agreement. With fewer parties involved, it is generally less complicated to coordinate and find mutually beneficial solutions.
On the other hand, options (a) high transaction costs, (b) high prices for legal services, (c) delays in the bargaining process, and (e) loosely defined legal rights can all hinder the success of private solutions to externality problems.
High transaction costs, such as administrative fees and legal expenses, can make negotiations and agreements more costly and burdensome, discouraging parties from seeking private solutions.
Delays in the bargaining process can prolong the resolution and increase frustration, potentially leading to a breakdown in negotiations. Loosely defined legal rights can create ambiguity and disputes regarding responsibilities and liabilities, making it difficult to establish clear agreements.
In summary, a small number of affected parties tends to facilitate the effectiveness of private solutions to externality problems by simplifying negotiations and increasing the likelihood of reaching mutually satisfactory outcomes.
So, correct option is D.
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What is 2+2-5x(87x-32)=
Answer:
-435x^2+160x+4
Explanation:
put the 2 as a square root
More fun with cost-sharing. (youmay want to review exercise 15 before proceeding, although it is not necessary.) a consumer’s demand for a medical service is q=100−pp where pp is the out-of-pocket price she actually faces. she is considering four different insurance options: uninsurance, full insurance, a 50% coinsurance plan, and a copayment plan with a $25 copay.
required:
a. assume this service has a list price of pl =$70. calculate q under each insurance plan.
b. calculate the amount of social loss under each insurance plan.
The question asks about a consumer's demand for medical services, with four different insurance options: uninsurance, full insurance, a 50% coinsurance plan, and a copayment plan with a $25 copay. We are given the demand function q = 100 - pp, where pp is the out-of-pocket price, and the list price pl = $70. The task is to calculate q under each insurance plan and the social loss under each plan.
a. Calculating q under each insurance plan:
1. Uninsurance: The consumer pays the full list price, so pp = $70.
q = 100 - 70 = 30
2. Full insurance: The consumer pays nothing out-of-pocket, so pp = $0.
q = 100 - 0 = 100
3. 50% coinsurance: The consumer pays 50% of the list price, so pp = 0.5 * $70 = $35.
q = 100 - 35 = 65
4. Copayment plan with $25 copay: The consumer pays a fixed $25 copay, so pp = $25.
q = 100 - 25 = 75
b. Calculating the social loss under each insurance plan would require additional information about the costs of providing the medical service and any externalities or inefficiencies in the market.
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A 2-column table has 9 rows. The first column is labeled monthly expenses with entries rent, utilities phone internet, groceries, entertainment, renters insurance, car/insurance/gas, discretionary spending, total expenditures, net savings. The second column is labeled amount budgeted with entries 600, 230, 300, 50, 20, 475, 75, 1,850, 100 dollars. You have decided to set a new goal of saving at least $4,500 over the course of the next year. You already have $900 saved. By how much would you need to increase your monthly net savings in order to meet this goal? $100 $150 $200 $250
Answer:
200
Explanation:
right on edge
Based on your current level of saving, you need to increase your monthly net saving by $200 to meet your target.
Amount that you need to save next year.You have already saved $900 and you want to get to $4,500. The amount left is:
= 4,500 - 900
= $3,600
Monthly savingsTo get to $3,600, you need to save:
= 3,600 / 12 months
= $300
What should you increase your net saving by?You currently save $100 so you need to increase by:
= 300 - 100
= $200
In conclusion, you need to increase savings by $200.
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What Economic Issue arises in this graphic due to the Max Price being below Equilibrium?
As u asked in ur question which food we should have before exercise : ANSWER is - Option (B)
cross check if u have doubt it's correct..
Can someone please help me with this!!!!
Answer:
Eh easy aall you have to do is pay 4,305 dolllars
Explanation:
A company that uses a more expensive short lead time supplier as a backup for a low cost, long lead time supplier is using
A) tailored sourcing.
B) quick response.
C) postponement.
D) improved forecasting.
A company that uses a more expensive short lead time supplier as a backup for a low cost, long lead time supplier is indeed using improved forecasting.
This is because improved forecasting enables the company to anticipate and plan for potential supply chain disruptions or delays, which can be caused by factors such as weather, transportation issues, or unexpected changes in demand.
By having a backup supplier that can provide quicker deliveries, the company can avoid costly stockouts or production delays that can result in lost revenue or decreased customer satisfaction.
Thus, improved forecasting helps the company to better manage its supply chain and minimize the risks associated with relying solely on a low-cost, long lead time supplier.
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Suppose capital one bank gives you a free t-shirt with the company's name for openinga bank account with them. This would be an example of?
Answer: an incentive
Explanation: incentives are rewards given for doing things
the marketing process involves eight major business functions.
The marketing process involves eight major business functions and the marketing mix consists of things that the organization looks into—product, price, distribution, and promotion.
What is the Marketing Mix?The 4 Ps of product, price, place, and promotion have historically been the focus of a fundamental business model known as the "marketing mix." The marketing mix is described as the "collection of marketing tools that the organization uses to attain its objectives in its target market."
Merchandise, cost, advertising, location, packaging, placement, and personnel. You must frequently review these seven Ps as products, markets, customers, and needs change quickly. The four Ps of a "marketing mix" are made up of four essential components that are used to promote a good or service: product, price, place, and promotion. The four Ps are typically taken into account by firms when developing marketing strategies to reach their target audience.
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Why research proposal often gets rejected?
Give me at least 5 reason why?
cheating sneaking trust grown enough men and women
A company produces 10 items, charges $45 per item. When it produces 20 items, it charges $40 per item. Cost to produce 10 items is $450, cost to produce 20 items is $650. What is the price, cost, revenue, profit functions. What is the break-even points, max profit and items to produce to get max profit.
Answer:
a. The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)
b. Break-even point = Total Revenue = Total Cost
= $450 = $450
break-even point in units = 10 items
c. Maximum profit = $150
Items to produce to get max profit = 20 items
Explanation:
a) Data and Calculations:
Sales Revenue for 10 items = $450 ($45 * 10)
Cost of sales for 10 items = $450
Sales Revenue for 20 items = $800 ($40 * 20)
Cost of sales for 20 items = $650
The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)
For 10 items, function yields = {($45 * 10) - $450} = 0
For 20 items, function yields = {($40 * 20) - $650} = $150
if lana fodor paid $825.80 on a $3,169.78 credit balance. what is the new balance
Explanation:
the balance is $2343.98
A buyer paid $800,000 for an investment property. the total annual income is $75,000; loss due to bad debt and vacancy is $5,000 a year; and expenses are $1,200 per month in addition to debt service of $2,700 per month. what is the capitalization rate for the property
Answer: Real estate appraisals are used by sellers, buyers, and their lenders. Sellers want to ensure that their sale price is not less than the property's worth.
Explanation:
I will mark as brainliest! PLEASE HELP ASAP!¹
Net value is:
a. the total value of the portfolio
b. a share price of the mutual fund
c. the total value of bonds in the portfolio
d. none of the above
¹if applicable and appropriate
Answer:
b
Explanation:
The correct answer would be a share price of the mutual fund.
The Net Asset Value (NAV) is defined as the total assets less the total liability of a mutual fund or an exchange-traded fund. Mathematically, it is represented as:
NAV = asset's value - liability's value
The net asset value, when it concerns the mutual fund is represented on a per-share basis and is used to determine the value of assets held by investors.
Hence, the net asset value can be viewed as a share price of the mutual fund.
Correct option: b
The current highest interest rate on a savings account is 1.85%. the current rate of inflation is 1.9%. what is the real dollar return on this account with a $1,020 balance at the end of the year
Answer: 0.51
Explanation:
Nominal rate = 1.85%
Inflation rate = 1.90%
Real rate of return = (1 + nominal rate / 1 +inflation rate) - 1
Real rate of return = ((1 + 0.0185) / (1 + 0.019)) - 1
= (1.0185 / 1.019) - 1
= 0.9995 - 1 = - 0.0005
Therefore, the real dollar return I. $1,020 equals
0.0005 × 1020 = 0.51
Answer: $ -51
Explanation:
who is the supervisory body for the federal reserve system?
Answer:
The Board of Governors--located in Washington, D.C.--is the governing body of the Federal Reserve System. It is run by seven members, or "governors," who are nominated by the President of the United States and confirmed in their positions by the U.S. Senate.
Explanation:
Bailey enjoys working with her hands. She wants to choose a career path that would allow her to create things. Which career would be best for
her?
O A. zoologist
O B. greenhouse nursery worker
O C. energy auditor
O D.
civil engineer
• E. jeweler and metal worker
Answer:
Jewerly and metal worker.
Explanation:
If you want to create thing with your hands and allowing her to create things a jewlery worker and a metal worker is the best for making stuff out of your imagination.