There is a region where the new equilibrium could lie, and the exact location will depend on the magnitudes of the shifts and which curve shifts more.
When both the demand curve and the supply curve shift at the same time, we cannot know for certain about the movements of price and quantity. The new equilibrium point will depend on the magnitude and direction of each shift.
If the demand curve shifts to the right increases and the supply curve also shifts to the right increases, the quantity exchanged will increase, but the change in price will be uncertain. If the demand curve shifts more than the supply curve, the price will likely increase, but the exact magnitude of the price change will depend on the relative shifts of the two curves.
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Mr. jones deposited $8,000 cash into his account at bank a. if the required reserve ratio is 10%, bank a has to keep _____ in the form of required reserves and can make a loan equal to _____.
Mr. jones deposited $8,000 cash into his account at bank a. if the required reserve ratio is 10%, bank a has to keep 800 dollars in the form of required reserves and can make a loan equal to 7200.
How to solve for the required reservesThe deposited amount = 8000 dollars
The percentage that is one the amount = 10 percent
The required reserves would be
10% * 8000
= $800
The the loan would be 8000 - 800 = $7200
Hence we would conclude that the if the required reserve ratio is 10%, bank a has to keep 800 dollars in the form of required reserves and can make a loan equal to 7200.
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which of these is one of the two goals to product development?
1 insurance
2 improvement
3 sales
4 quantity
Option 2, is one of the important goals in product development, because it represents the fundamental aim of the production of a particular good, since the better the good, the higher the demand, thereby increasing sales.
What are sales?
Sales refers to a transaction between two or more parties that involves the exchange of goods which could either be tangible or not, rendering of services, for money. Cash is either paid to a seller, or an asset can be given.
in essence, sales is represents a contract between a seller of a particular good or service and a buyer who is in need of the good or service, and is willing to pay for that good or service.
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Accroding to lapena what is the importance of the oral tradition?
to what extent do you agree with his opinions why?
Answer:
Oral tradition is a form of human communication that transmits knowledge, ideas, culture, thoughts, beliefs and other issues of social or ideological nature through verbal communication. Therefore, this was the main means of knowledge transmission in pre-literate societies, where older generations transmitted their knowledge to younger people, and also an important aspect in literate societies in parallel with written literature.
Therefore, since it is the first means of transmitting knowledge, and is still applied today in smaller social groups such as the family, oral tradition is a fundamental part in the construction of knowledge and people's identity.
Cost of Quality Report A quality control activity analysis indicated the following four activity costs of a hotel: Inspecting cleanliness of rooms Processing lost customer reservations Rework incorrectly prepared room service meal Employee training Total $175,000 40,000 20,000 265,000 $500,000 Sales are $4,000,000. Prepare a cost of quality report. Round percent of sales to one decimal place Cost of Quality Report Quality Cost Classification Prevention Appraisal Internal failure External failure Total Quality Cost Percent of Total
Overall cost of quality is 53.000%. Organizations can calculate the costs of manufacturing and maintaining high-quality products using the "cost of quality" method.
What does "cost of quality" mean?The phrase "cost of quality" (COQ) refers to a system that enables an organization to assess how much of its resources are allocated to operations that avoid subpar quality, evaluate the quality of the firm's goods and services, and are caused by both internal and external errors.
Which three costs do qualities entail?Four categories can be made from the cost of quality. They consist of prevention, evaluation, internal and external failure. A company can better increase or maintain control by allocating resources to the appropriate channels by being aware of the costs of quality.
Briefing:Quality cost:
Prevention $265000
Appraisal $175000
Internal failure $20000
External failure $40000
Total $500000
Percent of total quality was calculated as:
Quality cost classification/Total
Prevention = 265000/500000 × 100 = 53.00%
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can we consider economics as a soicial science as well?why?
Answer:
Economics is regarded as social science because build it uses scientific methods to explain the theories that can help explain the behaviour of individuals, groups and organisations. Economics attempts to explain economic behaviour, which arises when scarce resources are exchanged
fill in the blank. the___supplier evaluation system seeks to quantify the total cost of doing business with a given supplier, as the lowest purchase price may not always result in the lowest total cost for an item or service.
The Total Cost of Ownership (TCO) supplier evaluation system seeks to quantify the total cost of doing business with a given supplier, as the lowest purchase price may not always result in the lowest total cost for an item or service.
To implement a TCO supplier evaluation system, follow these steps:
1. Identify all cost components associated with purchasing from a supplier, such as product price, shipping fees, taxes, and payment terms.
2. Assess non-price factors, like quality, lead time, reliability, and supplier responsiveness.
3. Quantify each cost component and non-price factor, assigning a monetary value or score.
4. Sum up the costs and scores to determine the total cost of doing business with each supplier.
5. Compare the TCOs of different suppliers to find the best overall value.
6. Continuously monitor and update the TCO analysis to ensure the supplier remains the best choice for your needs.
By considering all relevant costs and factors, the TCO evaluation system helps you make informed decisions about supplier selection and ultimately save money in the long run.
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QUESTION 4 of 10: Closing costs are: a) Paid by the seller b) Paid by the buyer c) Paid by the agent
Closing costs are b) Paid by the buyer .
What are closing costs ?Closing expenses are paid at the time of closing and include a variety of costs associated with buying or selling property. This includes an assortment of charges such as appraisals, inspections, attorney fees, title fees, and mortgage-related costs.
In most instances, the purchaser is typically held responsible for paying for the majority of the closing expenses. However, some expenses may be subject to negotiation between the buyer and seller to reach a mutual agreement.
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The application of scientific knowledge to the development and improvement of goods and services is generally referred to as ______. Multiple choice question. technology information production
Answer:
Technology.
Explanation:
As the definition is seen above, these qualities are directed towards technology. Technology has advanced produce and sales of goods and services a lot. It shows itself in fastening and making production easier. And also in different other forms that come as advertising, E-commerce, communication etc. Orders of certain goods are been sent thousands miles away from the producing country and are seen to be received safe and sound at the other end of the purchase country. Also adverts can be seen of a Chinese product in far away Africa through television commercials and also internet.
The Two types of wills are:
- formal and holographic
- legal and fake
- formal and casual
- none of the above
which of the following is an invoice presented by the carrier to a shipper
A: bill of lading
B: carrier freight bill
C: delivery receipt
Brooklyn is paid biweekly. Her annual salary is $63,700. What is her biweekly gross pay?
Brooklyn's biweekly gross pay, given the amount that she is paid annually, is $ 2, 450
How to find the biweekly gross pay?A person's biweekly gross pay is the amount that they are paid every 2 weeks that is not adjusted for taxes and other deductions.
In a year, the number of two week periods are :
= Number of weeks / 2
= 52 / 2
= 26 biweekly periods
The biweekly salary of Brooklyn is therefore :
= Annual salary / number of biweekly periods
= 63, 700 / 26
= $ 2, 450
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Rachel invests $25,000 at age 25 . She hopes the investment will be worth $125,000 when she turns 50 . If the interest compounds continuously, approximately what rate of growth will she need to achieve her goal? Round to the nearest tenth of a percent. Provide your answer below: 1/0
To find the approximate rate of growth Rachel will need to achieve her goal, we can use the continuous compound interest formula:A = P * e^(rt)Where:A is the future value (target amount) of the investment
P is the initial principal (investment amount)e is the base of the natural logarithm (approximately 2.71828)r is the rate of growth (unknown in this case)t is the time in yearsRearranging the formula to solve for the rate of growth (r):r = ln(A/P) / tPlugging in the given values:A = $125,000P = $25,000t = 50 - 25 = 25 yearsr = ln($125,000/$25,000) / 25r = ln(5) / 25r ≈ 0.1392Converting the rate to a percentage:r ≈ 0.1392 * 100 ≈ 13.92%Therefore, Rachel will need to achieve an approximate rate of growth of 13.92% (rounded to the nearest tenth of a percent) to reach her goal of $125,000 by the time she turns 50.
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Which of the following are not traits of entrepreneurs?
I
energy
dishonesty
dedication
dependence
Answer: dishonesty and dependence.
Explanation:
Dishonesty are not traits of entrepreneurs. Entrepreneurs often have a knack for thinking outside the box, generating new ideas, and finding innovative solutions to problems. The answer is OPTION B.
Risk-taking: Entrepreneurs are willing to take calculated risks and step out of their comfort zones to pursue their business ideas.
Passion: Successful entrepreneurs are deeply passionate about their ventures, which fuels their motivation and perseverance.
Vision: Entrepreneurs have a clear vision of their goals and a strong sense of where they want to take their businesses in the long term.
Adaptability: They can quickly adapt to changing circumstances, markets, and trends, allowing them to stay relevant and competitive.
Persistence: Entrepreneurs demonstrate resilience in the face of challenges, setbacks, and failures, and they are committed to overcoming obstacles.
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What is a trend in business
Is the sentence “It doesn’t matter if people come to work on time.” true or false?
Answer:false
Explanation:
The outer edge of a circular running track is 330m long. If it is widened by 7m all around, find the cost of widening it at 8 per square metre.
Answer:
Here given that perimeter of circular running track =330m
Let radius=r
As we know that in a circle
\({\boxed{\sf Perimeter=2\pi r}}\)
Substitute the values\(\qquad \quad{:}\longmapsto\tt 2\times\dfrac {22}{7}×r=330 \)
\(\qquad \quad{:}\longmapsto\tt \dfrac {44}{7}r=330 \)
\(\qquad \quad{:}\longmapsto\tt r=\dfrac {330×7 }{44}\)
\(\qquad \quad{:}\longmapsto\tt r=\dfrac{2310}{44}\)
\(\qquad \quad{:}\longmapsto\tt r=52.5 \)
\(\therefore\sf r=53m (Approx)\)
Again
\({\boxed{\sf Area=\pi r^2 }}\)
Substitute the values\(\qquad \quad{:}\longmapsto\tt Area=\dfrac{22}{7}×(53)^2 \)
\(\qquad \quad{:}\longmapsto\tt Area=8828.2m^2 \)
\(\therefore\sf Area=8828m^2 (Approx)\)
Nowthe radius is increased by 7m
Hence
New radius=(x+7)m=53+7=60m
New Area=
\(\qquad \quad{:}\longmapsto\tt \pi. r^2 \)
\(\qquad \quad{:}\longmapsto\tt \dfrac {22}{7}(60)^2 \)
\(\qquad \quad{:}\longmapsto\tt \dfrac {22}{7}×3600 \)
\(\qquad \quad{:}\longmapsto\tt 11314.28m^2 \)
\(\therefore\sf AREA=11314m^2 (Approx).\)
nowArea of widened Area=New area-Old Area
\(\qquad \quad{:}\longmapsto\tt 11314-8828 \)
\(\qquad \quad{:}\longmapsto\tt 2486m^2 \)
Cost of widening per square=8Total cost=
\(\qquad \quad{:}\longmapsto\tt 2486×8 \)
\(\qquad \quad{:}\longmapsto\tt 19888\)
\(\therefore\sf Total\:cost\:is\: 19888.\)
Can't understand the attachment?Here is a latex diagram for your question.
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ANSWER ASAP PLEASE Which statement describes a way to use credit responsibly?
paying attention to the APR
and not the
APY
paying only the minimum payment each month
opening several different credit accounts
o understanding the account's interest rate
Answer:
understanding the interest rate
Explanation:
i took the test
a list of the more specific information about what the food package contains is called
A list of the more specific information about what the food package contains is called a product label or ingredient list.
A product label or ingredient list provides detailed information about the contents of a food package. It typically includes a list of ingredients, nutritional information, allergen warnings, and any additional information required by regulations or consumer preferences. The ingredient list specifies the components used in the product, typically listed in descending order of their proportion within the food. This allows consumers to be aware of what they are consuming and make informed choices based on their dietary needs, preferences, or potential allergens.
The product label or ingredient list plays an important role in providing consumers with specific information about the contents of a food package, allowing them to make informed decisions about their purchases and dietary requirements.
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How have key historical and ongoing
financial practices led to modern racial
inequities in the United States?
One of the most important historical and ongoing financial practices that have led to modern racial inequities in the United States is redlining. Redlining is the practice of denying financial services, such as mortgages and insurance, to certain neighborhoods based on the racial and ethnic makeup of the area. This practice was first implemented in the 1930s and continued until the 1970s. This practice has had long-lasting effects on the economic prospects of African-Americans and other minority groups. Redlining has led to the creation of racially concentrated areas of poverty and has denied minority groups access to wealth-building opportunities such as homeownership.
Redlining has also contributed to the wealth gap between white and minority households. A study by the Institute on Assets and Social Policy found that the median white family’s wealth is 11 times greater than that of the median black family. This disparity is largely due to the fact that redlining and other discriminatory practices have prevented many minority families from accessing the same wealth-building opportunities that white families have. This has resulted in a large disparity in the amount of wealth that white and minority families have been able to accumulate over time.
Redlining and other financial practices have also contributed to the racial disparities in student loan debt. Studies have found that black and Hispanic borrowers have higher loan default rates than white borrowers, even when controlling for income. This is due to the fact that black and Hispanic borrowers are more likely to have higher interest rates and to have difficulty accessing the same types of loan opportunities as white borrowers. This has resulted in a large racial disparity in the amount of debt that black and Hispanic borrowers must take on in order to pursue higher education.
These historical and ongoing financial practices have had long-lasting effects on the economic prospects of minority groups in the United States. Redlining, the wealth gap, and disparities in student loan debt are all examples of how financial practices have contributed to the racial inequities that exist today.
What is the formula for the rule of 72?
How education is medium to enhance the ability of human beings?
Robert is the owner of a local garage, situated in a small town on the outskirts of Manchester. The
garage sells petrol and a small selection of car accessories; they also undertake MOTs, services and
repair work. Robert's Repairs average 500 customer visits per month, spending £45 each visit
(average). Robert's son, Wayne, is due to leave university, with a degree in marketing, and join the
family business. Wayne has an interest in sales. Fortunately Robert's Repairs occupy enough land
for them to stock a small range of second hand vehicles. Wayne will purchase vehicles from
auctions which would be prepared for resale at the garage by Robert, although a new part-time
mechanic would also be needed. The finances of the vehicle sales will be separate from the current
business.
Following market research Wayne produced a forecast of financial data for the vehicle sales:
Forecast Revenue / Cost
Would add £30 000 pa
Item
Fixed costs
Average variable costs per sale
£6 500
Average spend (revenue) per sale £8 000
qtuo to lavol
Robert's annual fixed costs are currently £120 000 and the variable costs average £15 per custom-
visit. Wayne has forecast that he would attract 60 customers in the first year.
Calculate the profit (loss) currently made each month by Robert's Repairs. Assume the
fixed costs are spread evenly over each month of the year.
Answer:
I don't know
Explanation:
pls mark me as the brainless plsssssss
Does anyone’s else’s teacher do this and does not let you complete the test-
What is marginal value.
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HOPE IT'S HELP
A+$5000+investment+earns+8.6%+annual+interest,+and+a+$9000+investment+earns+5.9%,+both+compounded+annually.+how+long+will+it+take+for+the+smaller+investment+to+catch+up+to+the+larger+one?
The smaller investment will catch up to the larger one when their values are equal. To find out how long it will take, we need to set up an equation.
Please keep in mind that this is an estimation and the exact value of t may vary slightly based on the actual values of X and Y. Let's denote the smaller investment as X and the larger investment as Y.
For the smaller investment:
Principal = X
Rate of interest = 8.6%
Time = t (in years)
For the larger investment:
Principal = $9000
Rate of interest = 5.9%
Time = t (in years)
Using the compound interest formula, the value of the smaller investment after time t is given by:
X * (1 + 8.6/100)^t
And the value of the larger investment after time t is given by:
$9000 * (1 + 5.9/100)^t
We want to find the time t when both investments have equal values, so we can set up the equation:
X * (1 + 8.6/100)^t = $9000 * (1 + 5.9/100)^t
To solve this equation, we can use logarithms or trial and error. Since we don't have specific values for X, we'll use trial and error.
Let's start with a reasonable value for X, such as $5000. We'll plug in X = $5000 into the equation and solve for t:
$5000 * (1 + 8.6/100)^t = $9000 * (1 + 5.9/100)^t
Now we can simplify the equation:
1.086^t = 1.059^t
Using trial and error, we find that the values become approximately equal when t is around 10 years. So it will take approximately 10 years for the smaller investment to catch up to the larger one.
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A check issued for $540 to pay a vendor on account was recorded in the firm's records as $450; the canceled check was properly listed on the bank statement at $540. To arrive at an accurate balance on a bank reconciliation statement, the error should be:
The error in recording the check should be corrected by increasing the vendor accounts payable by $90.
To arrive at an accurate balance on a bank reconciliation statement, the error in recording the check should be corrected. Since the check was recorded as $450 in the firm's records, but it was actually issued for $540 and listed as such on the bank statement, the error is an understatement of $90 ($540 - $450).
To correct the error, an adjusting entry should be made in the firm's records. The entry should increase the vendor accounts payable by $90 to reflect the correct amount owed to the vendor.
The bank reconciliation statement should include the following steps:
Start with the bank's ending balance as shown on the bank statement.
Add any deposits in transit, which are deposits that have been made but have not yet been recorded by the bank.
Deduct any outstanding checks, which are checks that have been issued but have not yet been cleared by the bank.
Adjust for any bank errors, such as recording errors or missing transactions.
Compare the adjusted bank balance to the firm's ending balance as shown in its records.
Make any necessary adjustments to the firm's records, such as correcting errors or recording missing transactions.
The adjusted firm's balance should now match the adjusted bank balance.
Write a conclusion summarizing the reconciling items and the final adjusted balances.
The error in recording the check should be corrected by increasing the vendor accounts payable by $90. This adjustment should be included in the bank reconciliation statement to arrive at an accurate balance.
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The true lending act requires credit card companies to:
Answer:
It requires lenders to provide you with loan cost information so that you can comparison shop for certain types of loans.
Explanation:
the qualifying process where a salesperson must determine whether a prospect is a true prospect is known as _____. networking spotting screening canvassing
The qualifying process where a salesperson must determine whether a prospect is a true prospect is known as "screening."
Screening involves evaluating potential prospects to determine their level of interest, fit with the product or service offering, and their ability and willingness to make a purchase.
It helps salespeople prioritize their efforts and focus on prospects with the highest likelihood of becoming customers. By screening prospects, salespeople can identify qualified leads and allocate their time and resources more effectively, increasing their chances of closing sales.
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What+is+the+price+today+of+a+two-year,+default-free+security+with+a+facevalue+of+$1000+andan+annual+coupon+rate+of+6%?do
The value of the bond price is P = $989.41.
What is Economics?It is defined as a science that studies the analysis of resources, such as natural and monetary resources, with the purpose of creating wealth, consumption of goods and services, in order to meet human needs.
The equation we will use to answer this problem is given by the following expression:
P = CPN/1 + YTM1 + CPN/(1 + YTM2)² + --- + CPN+FV/(1 + YTM)ⁿ
Where the values of the variables are:
CPN = $60FV = $1000YTM1 = 0.06YTM = 0.066P = 60/1 + 0.06 + 60+1000/(1 + 0.066)²
P = $989.41
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What is the name of the document that comes with your paycheck and
shows you what you were paid and how much was taken for taxes?
A Paystub.
B
Payline.
Pay Report
D
Pay Sheet
Just please
Answer:
A Paystub.
Explanation:
Paystub or payslip is the document that shows the amount that an employee earned in a particular month and the deductions made. Therefore, a paystub indicates the total earning or gross pay, the total deductions, and the net pay.
The paystub shows each earning and deduction on its line. In other words, the paystub show itemized details of all earnings and deductions.