The economic profit is -$20 million.
What is economic profit?Economic profit is defined as a profit or a loss that can be determined by deducting the explicit costs and the opportunity costs from the money or the revenue generated by a company. It is important to mention that economic profit helps in the measurement of efficiency, and success, and also ranks the different opportunities. Furthermore, the calculation also has certain disadvantages and including issues in making estimations, and does not have certain financial aspects.
Given that,
Total revenue = $200 million
Explicit costs = $190 million
Implicit costs =$30 million
Hence,
Economic profit = 200 - (190 + 30) = 200 - 220 = -20 million
It can be concluded that the economic profit is -$20 million.
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Different types of competition have various impacts on businesses. As a business owner, you may encounter other businesses that compete with yours directly or indirectly, or even as substitutes to your business. Suppose your business is a gym and you specifically focus on offering personal training to hardcore weightlifting enthusiasts for customized workouts. How would similar businesses impact your business? What types of business would be considered direct, indirect, and substitute businesses to compete with yours? What would be your competitive advantage? Explain the impact, give one example of each type of competitor, and identify your competitive advantage
Similar businesses would impact negatively because they can take customers away from me, direct businesses would be other gyms close to mine, indirect businesses would be other gyms in a further distance, and substitutes would be those gyms that focus on weightlifting. My advantage would be my focus on weightlifting and personalized training.
What is the competition?Competition is an economic term that refers to the condition in which different economic agents that participate in a market must apply different strategies to maximize their profits compared to other economic agents. There are three types of competencies:
Direct competition: This refers to those economic agents that offer an equal service very similar to that of another economic agent and their range of spatial influence is close. For example, when there are two bakeries in the same neighborhood and both make the same bread at the same price.Indirect competition: This refers to those economic agents that offer a service fairly similar to that of another economic agent and their range of spatial influence reaches a part of the other economic agent. For example, when there is a bakery in one neighborhood and another bakery in the mud across the street that offer the same products at the same price.Substitute competition: This refers to those economic agents that offer a service specifically equal to another economic agent and their area of influence is the same. For example, when there are two dealerships of different car brands next to each other.Based on the above, it can be inferred that:
How would similar businesses impact our business?Other businesses would have different impacts depending on the type of competition they represent for my business. Although in general terms they can have a negative impact because they can take away my clients.
What types of businesses would be considered direct, indirect, and substitute businesses to compete with yours?The direct businesses would be other gyms close to mine, the indirect ones would be other gyms in a further distance, and the substitutes would be those gyms that focus on weightlifting.
What would be your competitive advantage?My advantage would be my focus on weightlifting and custom training.
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what is the cost of equity using the capital asset pricing model if the risk free rate is 4.5%, the beta is 1.75 and the equity risk premium is 4.25%?
The cost of equity is a term used in finance to describe the return (usually expressed as a rate of return) that a firm theoretically offers to its equity investors, or shareholders, in order to make up for the risk they assume by investing their money. A firm needs cash from various sources in order to operate and grow. Those individuals and organizations who are willing to offer money to others naturally desire payment. Just as landlords want rent for their homes, capital providers seek returns on their investments that must be proportional to the level of risk involved.
Given :
Risk free rate = 4.5%
Beta = 1.75
Equity risk premium= 4.25%
To find :
Cost of equity
Solution :
Cost of equity is given by,
=Risk-Free Rate of Return + Beta × (Equity risk premium)
= 4.5+1.75×(4.25)
=4.5+7.4375
=11.9375%
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The goal of the accounts receivable methods is to adjust the allowance for doubtful accounts balance so that.
The goal of the account receivable methods is to adjust the allowance for doubtful accounts balance so that the estimate of the uncollectible accounts receivable is the same as the unadjusted balance.
Utilize A/R Aging Reports to Calculate ART. Provide flexible payment options to your clients. Right away, execute a contract or draft a purchase order. When reminding customers to make payments, be prompt. Automation by A/R. It is all a component of account receivable methods. The general ledger account balances at the conclusion of a reporting period are listed in the unadjusted balance, which is done before any adjusting entries are made to the balances to produce financial statements. Analysis of account balances and the creation of adjusting entries both begin with the unadjusted balance.
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which of the three major u.s. labor relations laws is considered to be the most pro-management? the taft-hartley act the landrum-griffin act the wagner act
The Taft-Hartley Act, the Landrum-Griffin Act, and the Wagner Act are all key labor relations acts in the United States that are considered to be the most pro-management.
What is National Labor Relations Act?Congress approved the National Labor Relations Act ("NLRA") in 1935, making it clear that the United States objective is to foster collective bargaining by safeguarding employees' complete freedom of organization. The National Labor Relations Act (NLRA) safeguards workplace democracy by granting employees in the private sector the fundamental freedom to seek improved working conditions and designation of representation without fear of punishment.
The Taft-Hartley Act- The Taft-Hartley Act, often known as the Labor Management Relations Act of 1947, is a United States federal legislation that restricts labor unions' operations and power. The 80th United States Congress passed it over President Harry S. Truman's veto. The Landrum-Griffin Act- The Landrum-Griffin Act safeguarded employees' union membership rights against unfair union activities, and the National Labor Relations Act safeguarded employee rights against unreasonable employer or union practices.The Wagner Act - Section 7 of the Wagner Act granted employees the freedom to establish and join unions, and it required employers to bargain collectively with unions chosen by a majority of employees in an authorized bargaining unit.To know more about Labour Act, click
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he characteristic that indicates that a data warehouse is organized around key high-level entities of the enterprise is: integrated. subject-oriented. time-variant. nonvolatile.
The characteristic that indicates that a data warehouse is organized around key high-level entities of the enterprise is subject-oriented
What is data warehousing?A data warehouse is a database that is kept apart from the operating database of the company.A data warehouse does not frequently update its contentsIt has aggregated historical data, which aids in the organization's business analysis.Executives can organize, comprehend, and utilize their data to make strategic decisions with the aid of a data warehouseSystems for storing data in a data warehouse assist in integrating various application systems.Data warehouses are subject-oriented and give information about a particular topic rather than the ongoing activities of the company. These topics can include things like products, clients, suppliers, sales, and revenue. A data warehouse focuses on modeling and data analysis for decision-making rather than on ongoing activities.
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a manufacturing defect is one which: group of answer choices none of the other choices are correct occured during the manufacturing stage and for which the consumer will be compensated ocurred after the manufacturing stage and for which the consumer will not be compensated ocurred after the manufacturing stage and for which the consumer will be compensated ocurred during the manufacturing stage and for which the consumer will not be compensated
A manufacturing defect is one that occurs during the manufacturing process and for which the consumer will receive compensation.
Stage of production.
Any of the following stages of a product's production: I manufacturing/synthesis of the applicable Compound or Compounds' Bulk Chemical Form, (ii) formulation, and (iii) packaging of the Finished Dosage Form
Manufacturing is the process of creating a product from raw materials. This is accomplished through the use of human labor, machinery and/or other tools, and, in some cases, a biological or chemical process.
Manufacturing can be done on a large scale, or it can make the parts that are assembled to make automobiles, airplanes, household appliances, and other items.
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if banks hold no excess reserves and there are no cash holdings, then the money multiplier is equal to 12.2. what must the reserve requirement be? round your answer to the nearest thousandth.
Based on the money multiplier and the fact that the banks hold no excess reserves, and there are no cash holdings, the reserve requirement would be 0.082.
How to find the reserve requirement?When given the money multiplier for a country where the banks do not hold any excess reserves and where there are no cash holdings, the reserve requirement can be found by the formula:
Reserve requirement = 1 / Money multiplier
The reserve requirement can therefore be found to be:
= 1 / 12.2
= 0.082
In conclusion, the reserve requirement would be 0.082.
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when we developed the idea of leadership by lottery in class, we found that leadership by lottery creates what? (class) group of answer choices better members worse organizations (in terms of financial performance) better leaders worse leaders better organizations (in terms of financial performance)
Business leadership is the process by which people make decisions, establish goals, and give direction in a workplace setting. Although there are many distinct types of business leadership, most often the rest of the team is led and motivated by the CEO or other senior personnel.
Explain about the idea of leadership?Leaders set the example and motivate followers to uphold moral principles in order to grow. To do this, they create a vision that inspires individuals to strive toward it and then urge and motivate others to do the same. They also organize, coach, and supervise the direct or indirect delivery of the vision through their teams.
Business leadership refers to an organization's management's capacity to set and attain challenging objectives, act quickly and decisively when called upon, outperform the competition, and inspire staff to work to the best of their abilities.
A key management responsibility is to direct an organization's resources toward improved effectiveness and goal achievement. Effective leaders set clear objectives and inspire and guide their staff to achieve the objectives of the organization.
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carlos is an hr manager in a manufacturing plant who wants to motivate his employees. he uses job characteristics theory to guide him. one step carlos will take is:
Helping workers understand how their efforts result in a finished product that pleases customers is one action Carlos will take as an HR manager who wants to motivate his employees.
What are the 5 core job characteristics in the Job Characteristics Theory.The five "core" job characteristics according to the Job Characteristics Theory are:
Skill Variety: The extent to which different activities are required in the profession, necessitating the development of a variety of skills and talents on the part of the employee.Task Identity: The extent to which the job demands the employee to identify and carry out a task from beginning to end so that the result is obvious.Task Significance: The impact a job has on other people's life. The effects could be felt within or externally.Autonomy: How much flexibility, independence, and discretion is given to an employee to plan out the task and choose the processes to be followed?Feedback: How much knowledge of the outcomes, i.e., precise, understandable, thorough, and useful information on the success of his or her performance-related activity, does the employee have?To know more about, Job Characteristics Theory, visit :
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todrick company is a merchandiser that reported the following information based on 1,000 units sold: sales $ 330,000 beginning merchandise inventory $ 22,000 purchases $ 220,000 ending merchandise inventory $ 11,000 fixed selling expense ? fixed administrative expense $ 13,200 variable selling expense $ 16,500 variable administrative expense ? contribution margin $ 66,000 net operating income $ 19,800 required: 1. prepare a contribution format income statement. 2. prepare a traditional format income statement. 3. calculate the selling price per unit. 4. calculate the variable cost per unit. 5. calculate the contribution margin per unit. 6. which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in response to changes in unit sales?
Todrick company is a Merchandising that reported the following information based on 1,000 units sold: flow chart is given in image.
What is Merchandising?
Merchandising is any practise that aids in the sale of products to retail customers. At the retail level, merchandising refers to the imaginative display of products for sale in order to attract buyers to purchase additional items or products. Visual display merchandising in retail commerce refers to merchandise sales that use product design, selection, packing, pricing, and presentation to encourage customers to spend more money. This includes disciplines and discounts, physical product presentation and displays, and decisions about which products to present to which customers at what time. In a retail scenario, bringing in similar products or accessories is a wonderful approach to attract customers to buy more. Merchandising aids comprehension of the standard dating notation for invoice payment periods.
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interviews are inevitable during the job search process and we learn from our experiences. describe an instance when a job interview went well and explain where you feel you sold the employer to hire you. on another note there are instances where interviews did not go as planned and it actually became an uncomfortable situation. explain how would you change the interview if you had a second chance?
I would change the interview by Examination of earlier interview questions, Working on personality, listening quality, communication skills, dressing sense for interview.
Examination of earlier interview questionsIf I have a second shot at an interview, I attempt to evaluate the
varied questions from the prior interviews, and we prepare several
responses for each unique topic in the interview. In order to best
prepare ourselves, we discuss the answers to these questions with
professionals in the area.
Working on personality: By focusing on our personalities inside theorganization, we may develop our interviewing abilities. The sum of
a person's different traits—which we are unable to fully understand
on our own—makes up their personality. In order to better
understand our personalities at work, we seek the assistance of
professionals.
Improving the audio qualitySometimes our poor listening skills prevent us from passing the
interview, thus in this effort we must improve this trait if we want to
succeed.
Practicing communication skillsMaking preparations for interview attireCreate a list of interview-related questions that may be asked.Learn more about Communication skills, here
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at its 2011 annual meeting, the american medical association voted to encourage magazine industry efforts to discontinue the use of a particular practice. what was the practice?
At its 2011 annual meeting, the practice will be digitally altering graphics of models' bodies that the american medical association voted to encourage magazine industry efforts to discontinue the use of a particular practice.
What is magazine?
A magazine is a type of periodic publication that is issued on a regular basis (typically weekly or monthly) and contains a wide range of content. They are often funded through advertising, purchase price, prepaid subscriptions, or a mix of the three. The word "magazine" comes from the Middle French magasin, which means "warehouse, depot, or store," the Italian magazzino, and the Arabic makhazin, which is the plural of makhzan, which means "storehouse."
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gloria will be managing a brand-new call center. her employees are all new to the company, and she will be conducting their initial training. what should gloria keep in mind as she prepares this training presentation?
The thing that Gloria should keep in mind as she prepares this training presentation when conducting their initial training is that She should be careful to define specialized terms or concepts.
What is training presentation?The training presentation can be described as the training program that can be used by the company to teach new people about how to carry task that is needed by them in the organization , in the presentation class, different software can be used such as the power point by the Microsoft.
It should be noted that this is the presentation that is been used by Gloria when he was trying to set up her company and to teach the new employees about the process to be followed in caring out their daily activities in the organization.
In conclusion, she should be able to make sure she define specialized terms or concepts so that the employees can have the better understanding of what she is trying to pass across to them during the presentation program.
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in 1903, the winner of a competition was paid $50. in 2020, the winner's prize was $235,000. what will the winner's prize be in 2040 if the prize continues increasing at the same rate? (do not round intermediate calculations. round your answer to the nearest $500.)]
In 2040, the award would be worth $1,293,986.
The annual growth rate can be computed as if it were compound interest.
The award increases from $50 to $235,000 during the following period, which is 2017–1903–114 years.
We may then determine this rate r as follows:
FV = PV (1+r)^n
r = [tex]\sqrt[n]{FV/PV}[/tex] -1
r = [tex]\sqrt[11.4]{235000/50}[/tex] - 1
r = 1.077
The award can then be calculated from 2017 to 2040, with the increase occurring at the same rate.
The number of periods is n=2040-2017=23.
Then we have:
FV = PV (1+R)^N
FV =235000(1.077)^23 = 1293986
The prize in 2040 would be $1,293,986.
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for a risk averse person, a. the utility function exhibits the property of constant marginal utility of wealth. b. the utility function exhibits the property of increasing marginal utility of wealth. c. the pleasure of winning $1,000 on a bet exceeds the pain of losing $1,000 on a bet. d. the pain of losing $1,000 on a bet exceeds the pleasure of winning $1,000 on a bet.
For a risk averse person, the pain of losing $1,000 on a bet exceeds the pleasure of winning $1,000 on a bet.
What is risk adverse person?A risk-averse investor stays away from risks. He/she steers clear of risky investments and favors those that guarantee a return. Such investors like index funds, debentures, and government bonds.
If a person would rather accept a guaranteed payout (certainty equivalent) of less than $50 (for instance, $40) than take the risk and perhaps receive nothing, they are said to be risk adverse (or risk avoiding). If they aren't bothered by the risk or a specific $50 payment, they are risk neutral.
A person who invests their money in a bank account with a low interest rate that is guaranteed rather than stocks, whose prices can fluctuate but could yield considerably larger returns, is an example of risk-averse behavior.
Being risk-averse typically entails either not enjoying taking risks or feeling comfortable with only small ones. The phrase has a slightly different connotation when applied to investing behaviour, and it may even work against you in terms of generating the highest long-term results.
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todd wants to start a business. so one weekend he sits down and starts to write up a document that details the business's goals, objectives, potential customers, financial resources, the product/service it will provide and its strategies on how it will fulfill each of these areas. todd is writing a(n)?
A business aim is a destination, feat, or objective the corporation hopes to reach in the short- or long-term. Business objectives can be aspirational or motivating and can steer a company in the direction of a certain goal, like better customer service.
Explain about the business Goal?
Setting goals is crucial to managing a successful organisation. They can help you maintain a clear direction, inspire workers, and establish goals for your company to strive for. Setting goals can give you a set of standards by which to judge the success of your company.
You can establish and attain a variety of objectives, such as developing your thought leadership skills, coming up with fresh company concepts, or sharpening your attention. It's crucial to make sure your goals are both reachable and clear when choosing which ones to set.
A marketing goal is a precise, quantifiable target that aids in achieving your larger corporate objectives. Anything from producing quality leads and building brand recognition to raising consumer value and increasing the rate of referrals
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k owns a variable annuity with an assumed interest rate of 4%. if the actual performance of the separate account(s) is 3%, the effect on this month's income benefit check will be such
The effect on this month's income benefit check will be Same. A lower monthly annuity payment will be made if the actual return is less than the assumed interest rate (AIR). The monthly annuity payment will not change from the prior month if the actual return is equal to the AIR.
What is assumed annual rate ?The interest rate that an insurance company chooses is known as the assumed interest rate (AIR). The assumed interest rate is used to calculate the value of an annuity contract and, consequently, the annuitant's periodic income payment.
The AIR determines the monthly payment the annuitant will get and is combined with other criteria such the annuitant's age at annuitization, spousal coverage options, and the type of annuity coverage selected. The AIR is used by insurance companies to determine an annuity's value.
Knowing the AIR can assist annuitants plan financially for their retirement years because it informs them of the amount they can anticipate receiving from an annuity, which is how many investors utilise annuities to produce retirement income. The value of an annuity can be calculated to help investors plan future investments in different types of vehicles.
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on-the-job training can amount to no training if the trainers simply allow the trainees to learn the job on their own. question 58 options: true false
The new hire will learn how to perform the required tasks incorrectly if the employee performing the job lacks skill.
It's possible that management is unaware of the employee's specific incompetence and is unable to take corrective action.
How does on-the-job training work?
An example of workplace training is on-the-job training. A trainee gets hands-on experience with tools, techniques, machinery, software, materials, or equipment during this process. The coworker, training manager, or professional trainers provide this training.
Off-the-job training or on-the-job training is superior.
Employees learn theoretical knowledge through off-the-job training, while effective on-the-job training improves technical practical skills. Attending both on-the-job and off-the-job trainings will enhance employees' motivation and attitudes.
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jenny has decided to raise the prices on the products that she sells. after doing some market research she has concluded that her business is the only producer of the product and that there are generally no substitutes. what market system is jenny in? group of answer choices
Jenny has a monopoly in the market of the product which she is selling.
A monopoly is a type of market where the good that is sold, has no close substitute, and the entire control over the price and quantity supplied lie in the hands of one sole producer. Here that producer is jenny. In marketing, a product is an object, system, or service created obtainable for consumer use as of the patron demand; it's something that will be offered to a market to satisfy the {need} or need of a customer.
In retailing, merchandise is typically noted as merchandise, and in manufacturing, products are bought as raw materials and then oversubscribed as finished goods. Service is also considered a kind of product. Commodities are sometimes raw materials that love metals and agricultural products, however, a trade good may be anything wide available within the open market. In project management, products are the formal definition of the project deliverables that structure or contribute to delivering the objectives of the project.
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which strategy is best described by the following statement: "deliver superior value by meeting or exceeding buyer expectations on product attributes and beating their price expectations"?
this strategy is called Focused Low cost.
What is focused low cost strategy ?
In order to boost sales and acquire a competitive edge, this technique involves companies providing comparable goods in a certain niche lowering their prices.
Lowering expenses is a better strategy to draw customers than sacrificing on value or investing already limited funds in developing a product.
Whether they are billionaires, millionaires, or just average people, buyers are always comparing prices. Additionally, you can be sure that more customers will come to your establishment if you sell the same product at lower costs than your competitors.
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mark's manufacturing's average age of accounts receivable is 45 days, the average age of accounts payable is 40 days, and the average age of inventory is 69 days. assuming a 365-day year, what is the length of its cash conversion cycle? a. 78 days b. 67 days c. 74 days d. 63 days e. 70 days
The Length of the cash conversion cycle will be equal to 74 days.
Cash conversion cycle may be defined as the measure of risk of liquidity that comes as a result of growth of a business. It is also referred as how long a firm will be deprived of cash if it decides to increase amount it spends on inventory to expand customer sales. The Cash conversion cycle is also the measure of how long a business takes to convert the items of inventory from sales to cash flow. Many Companies use the trick, and they shorten CCC by encouraging the payments from upfronts and keeping repayment of credit less than 30 days. The formula of Cash conversion cycle is expressed as
CCC = Days of sales outstanding + Days of inventory outstanding - Days of payables outstanding
CCC = 45 + 69 - 40
CCC = 74 days
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superbrite is a brand of toothpaste. in its earlier campaign, superbrite was advertised as an effective whitening toothpaste. however, due to declining sales, its parent company has decided to rethink its marketing strategy. in its new campaign, superbrite is still portrayed as whitening toothpaste, but it also features a research study where other familiar brands in the market fail to make the grade. in this campaign, superbrite has tried to reposition multiple choice its application. the target market. the competition. its price. its attributes.
In this campaign, superbrite has tried to reposition, in this campaign, superbrite has tried to reposition the competition. Option C
This is further explained below.
What is the competition?Generally, A rivalry may be defined as a situation in which two or more parties struggle for a single objective that cannot be shared. In this scenario, the success of one party results in the failure of another.
Entities as diverse as biology, persons, economic and social organizations, and others may engage in competitive interactions with one another.
In conclusion, Within the context of this strategy, not only has Superbrite attempted to reposition itself, but they have also attempted to reposition its rivals. Alternative C
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describe the process for performing a serial dilution. what are the benefits of performing a serial dilution vs. directly diluting varying amounts of a stock solution? describe how a serial dilution, if performed incorrectly, can lead to a gross systematic error in a spectrophotometric analysis.
A serial dilution is a way of making a less concentrated solution from a more concentrated one. To do this, you take a small amount of the more concentrated solution and add an equal volume of solvent. This is the new, less concentrated solution.
What is serial dilution?
A substance in solution is diluted step by step in a serial dilution. Most of the time, the dilution factor at each step is constant, causing the concentration to increase geometrically and logarithmically. The possible values for a ten-fold serial dilution are 1 M, 0.1 M, 0.01 M, and 0.001 M. In order to accurately produce highly diluted solutions and solutions for experiments that produce concentration curves with a logarithmic scale, serial dilutions are used. The term "logarithmic dilution" or "log-dilution" refers to a tenfold dilution for each step, "half-logarithmic dilution" or "half-log dilution" refers to a 3.16-fold (100.5-fold) dilution, and "quarter-logarithmic dilution" refers to a 1.78-fold (100.25-fold) dilution. In experimental sciences like biochemistry, pharmacology, microbiology, and physics, serial dilutions are frequently employed.
You can continue to do this until you have the desired concentration.
The benefits of performing a serial dilution vs. directly diluting varying amounts of a stock solution are that it is more accurate and precise, and it is easier to control.
If a serial dilution is performed incorrectly, it can lead to a gross systematic error in a spectrophotometric analysis. This is because the concentrations of the solutions are not accurately known, so the absorbance readings will be inaccurate.
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upon inspection, if goods are non-conforming, then the buyer may: group of answer choices just accept nonconforming goods and adjust the contract accordingly all of these are correct reject goods subject to cure reject goods and cancel the contract if a condition such as time being of the essence is present
If the goods are Non-Conforming goods, then the buyer can reject goods and cancel the contract if a condition such as time being of the essence is present.
Non-Conforming Goods: Non-conformances can arise in both the product and the process. Nonconforming Product is defined as Product that does not meet its stipulated specifications. Products that are nonconforming can result from nonconforming processes.
Example of Non-Conformity:
Frequent unauthorised alterations, distribution of untested items, and staff failing to address an issue's core cause are a few examples of major nonconformity.
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the economy is in an expansion and the housing market is growing. as a result of this, a home builder doubles his sales force. this would be best described as an example of a reduction in
The economy is in an expansion and the housing market is growing. as a result of this, a home builder doubles his sales force. This would be best described as an example of a reduction in Cyclical unemployment
What is cyclical unemployment?Cyclic unemployment is a component of total unemployment that directly results from cycles of economic booms and busts. Unemployment rates typically rise during recessions and fall during expansions. An example of cyclical unemployment is the layoff of construction workers during the Great Recession that followed the 2008 financial crisis. Unemployment can be classified as frictional unemployment, cyclical unemployment, structural unemployment, and institutional unemployment. On the other hand, cyclical unemployment increases during recessions as consumer demand for goods and services declines. Therefore, fewer workers are required, leading to layoffs.To learn more about cyclical unemployment from the given link :
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the equilibrium price in this market is $2.50 and the equilibrium quantity is 25 units. if the government imposes a tax of $3 in this market, only 10 units will be sold, and the deadweight loss will equal:
The deadweight loss will be equal to $37.5, considering the equilibrium price and equilibrium quantity.
Given,
Equilibrium price = $2.50
Equilibrium quantity = 25 units
Tax imposed by government = $3
No. of units sold = 10
No of units remained unsold = 25-10 = 15
Deadweight loss = $15*$2.50 =$37.5
When market supply and demand are in harmony, prices become steady. This is known as price equilibrium. In general, a surplus of products or services results in lower prices which increases demand, while a shortfall or insufficient supply drives up prices, which diminishes demand.
A state of equilibrium is generated by the action of supply and demand balancing one another.
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assume that both you and your best friend share the conventional u.s. business culture. what can your best friend do in order to make you believe her words?
If we assume that i and my manager share the conventional U.S. business culture, the action that my manager can do in order to make you believe his words is by smiling and holding out his hand for you to shake.
What do we understand by Culture?Basically, a culture does illustrates the accepted norms and values and traditional behavior of a group. The culture of different countries varies, that is, each country has its own beliefs, values and activities. Hence, we can also see culture as an evolving set of collective beliefs, values and attitudes.
It is a key component in business and has an impact on the strategic direction of business as its influences management, decisions and all business functions from accounting to production. A business culture is related to behaviour, ethics, etiquette etc and will encompass as organisation’s values, visions, working style, beliefs and habits.
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american call and put premiums multiple choice should be no larger than their speculative value. should be at least as large as their intrinsic value. should be exactly equal to their time value. should be no larger than their intrinsic value.
Americans call and put premiums should be at least as large as their intrinsic value.
In finance, the intrinsic value of an asset usually refers to its value based on simplified assumptions. For example, the intrinsic value of an option is based on the current market value of the underlying asset, while ignoring possible future fluctuations and the time value of money
The intrinsic value of an asset is based on cash flows. Measure value. Market value indicates the price others are willing to pay for an asset, whereas intrinsic value indicates the value of an asset based on an analysis of its actual financial performance.
Intrinsic value is a way of describing the perceived or true value of an asset. This is not always the same as the current market price as the asset may be overvalued or undervalued. Intrinsic value is a common part of fundamental analysis that investors use to price stocks and options.
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in bos, by reducing or eliminating some strategy factors, you can: a. reduce costs b. increase value c. diverge from the industry standard d. enhance your focus
In blue ocean strategy, by reducing or eliminating some strategy factors, you can reduce costs.
What is a blue ocean strategy?A blue ocean refers to an analogy to describe the wider and deeper potential to be found in unexplored market space. The term "blue ocean" is vast, deep and powerful in terms of profitable growth.
In marketing, a blue ocean strategy means the simultaneous pursuit of differentiation and low cost to open up a new market space and create new demand. The strategy is about creating and capturing uncontested market space thereby making the competition irrelevant.
Going forward, the concept of blue ocean is based on the view that market boundaries and industry structure are not a given and can be reconstructed by the actions and beliefs of industry players.
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beverly frickel purchased 100 shares of gleason systems stock for $32.50 per share. her commission for this purchase was $25. she sold the stock two years later for $45 per share and a commission of $40. what was beverly's total dollar return on this stock? multiple choice $1,100 $1,185 $1,500 $3,275 $4,460
If Beverly Frickel purchased 100 shares of Gleason Systems stock for $32.50 per share, Beverly's total dollar return on this stock is $1,335. The total dollar return on the stock is the actual rate of return of an investment over a time period.
The total dollar return on the stock could be obtained by using the formula given below:
Total return=Number of shares(Stock per share-Dividend+ Beginning stock per share)-(Commission+ Ending commission)
Now by plugging in the formula,
Where , Total return = 100($45 +$1.50 - $32.50) - ($25 + $40)
Total return=100($14)-$65 and Total return=$1,400-$65
Resultantly, Total return = $1,335
Therefore, Beverly's total dollar return on this stock is $1,335.
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