There are many strategies that a company can use to sell its products or services. The type of targeting strategy that the website leftyslefthand uses which only sells products to left-handed consumers is concentrated marketing.
What is Concentrated Marketing?Concentrated marketing or also known as niche marketing is one of the targeting strategies that a company can use to sell its products or services. With this strategy, the company only serves a smaller market segment with a large promise for profitability. The main disadvantage of this strategy is of course how small the market is. But, with this strategy, a company can make brand loyalty which makes sure that consumers will not go to competitors.
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market failure occurs when part 2 a. the market system fails to allocate an equal share of resources to all individuals. b. the market system fails to allocate resources to each individual according to their needs. c. the unrestrained market economy leads to too few or too many resources going to a specific economic activity. d. the market system fails to allocate resources to each individual according to their abilities.
The correct option is c. Market failure occurs when unrestrained market economy leads to too few or too many resources going to a specific economic activity.
Market failure, according to neoclassical economics, occurs when a free market fails to allocate products and services in a Pareto-efficient manner, frequently resulting in a net loss of financial value. Market failures can be seen as situations when people's pursuit of their own self-interest results in inefficient outcomes that can be rectified from a societal perspective. Although the word was first used by economists in 1958, the idea can be found as far back as the Victorian philosopher Henry Sidgwick. Public goods, time-inconsistent desires, asymmetric information, non-competitive markets, principal-agent issues, or externalities are frequently linked to market failures.
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the capital asset pricing model question content area bottom part 1 a. provides a riskreturn tradeoff in which risk is measured in terms of the market returns. b. measures risk as the correlation coefficient between a security and market rates of return. c. depicts the total risk of a security. d. provides a riskreturn tradeoff in which risk is measured in terms of beta.
The capital asset pricing model offers a risk-return trade-off in which risk is expressed as beta.
What is capital asset?A capital asset is defined as any property held by an assessed, whether related to their business or profession or unrelated to their business or profession. It encompasses all types of property, whether mobile or immobile, tangible or intangible, fixed or circulating. Capital assets are defined as: a) any type of property held by an assessed, whether or not related to the assesses business or profession. b) Any securities held by a FII that has invested in such securities in accordance with the SEBI Act of 1992. Homes, cars, investment properties, stocks, bonds, and even collectibles or art are examples of capital assets.
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the common stock of sweet treats is selling for $56.00 per share. the company is expected to have an annual dividend increase of 3.3 percent indefinitely and pay a dividend of $4.45 in one year. what is the total return on this stock?
A required return is the return that investors anticipate receiving from their holding investment in exchange for taking on investment risk.
It varies from security to security due to the security's risk and other factors, as risk factors vary from security to security.
What does the CAPM say about a security's mandatory return?
The Capital Asset Pricing Model (CAPM) is a model that explains the connection between the risk of investing in a security and the expected return.It demonstrates that a security's beta-based risk premium and risk-free return are equal to the security's expected return.
The required rate is determined by a company's capital structure, inflation expectations, and risk-return preferences.
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which of the following statements are correct? multiple select question. when the workforce is basically fixed in the short term, managers must be cautious about how labor efficiency variances are used. companies should build inventory even if there is no immediate prospect of sale. excessive inventory contributes to inefficient operations. excessive inventory leads to low defect rates.
The labor efficiency variance measures the ability to utilize labor as expected. This variance is useful for highlighting areas in the production process that use more man-hours than anticipated. This variance is calculated as the difference between the actual labor hours used to produce a good and the standard amount that should be used, multiplied by the standard labor rate. If the variance results are unfavorable, there will likely be a review by the industrial engineer to see if the underlying process can be improved to reduce the number of hours of production required, using means such as:
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an interest rate stated as nominal 12% per year compounded quarterly is the same as: a) effective 1% per month. b) nominal 1% per month. c) 3% per quarter. d) 12.68% per year.
Option (d) is the best choice. A nominal interest rate of 12% per year compounded quarterly is 12.68% per year.
Nominal Interest Rate: What Is It?Nominal interest rates are those that are calculated without taking inflation into consideration. The interest rate that is advertised or stated for a loan but does not include any fees or interest compounding is often referred to as the "nominal" interest rate.
In the banking industry and in the world of investments, the nominal interest rate is frequently used to define interest on various loans. For instance, if a loan's nominal interest rate is 5%, you can anticipate paying $50 in interest for every $1,000 borrowed. You'll have to pay $1,050 at the end of the year.
The nominal rate of interest= 12% (It is compounded Quarterly)
Take original value= x
Interest per Quarter= ([tex]\frac{0.12}{4}[/tex]) x
value after a quarter= ( 1 + [tex]\frac{0.12}{4}[/tex] ) x
now,
We have 4 quarters
Hence, the value after a year= [tex](1 + 0.03)^{4}[/tex] x = 1.1255
Effective rate of return= [tex]\frac{x( 1.1255x - x)}{x}[/tex] X 100
= 12.6 %
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hugh jackson is thinking about buying an investment. the investment option that he is thinking about buying is an investment where investors pool their money. one of the key features is that it is managed by professional managers. what investment is hugh thinking about purchasing? multiple choice common stock preferred stock corporate bond real estate mutual fund
Hugh is thinking about purchasing a Mutual Fund.
A mutual fund is a business that pools money from multiple investors and invests it in securities such as stocks, bonds, and short-term debt. The portfolio of the mutual fund is its total holdings. Mutual funds are purchased by investors.
A mutual fund is a type of investment vehicle that pools money from investors who share a common investment goal. Based on the scheme's objectives, it then invests the funds in various asset classes such as equities and bonds. These investments are made on behalf of the investors by an asset management company (AMC).
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if disposable income increases from $9,000 billion to $11,000 billion, and consumption increases from $9,500 billion to $11,000 billion, the mpc must be: group of answer choices .75 1.00 0.90 0.25
The mpc of disposable income must be: 75.
What is disposable income ?
A person or household's disposable income, commonly referred to as disposable personal income (DPI), is the amount of money left over after income taxes have been paid. At the macroeconomic level, one of the most important economic indicators used to assess the overall health of the economy is disposable personal income. Net income is available money. Net money that is still available after covering all essentials is known as discretionary income. To determine how people borrow, spend, and save, economists keep close eye on these figures at the macro level.
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how do the location and size of warehouses affect the performance of a firm such as amazon? what factors should amazon take into account when deciding where and how big its warehouses should be?
The location and size of Amazon's warehouses have a direct bearing on how responsive and efficient they can be.
what factors should amazon take into account when deciding where and how big its warehouses should be?
In order to properly balance their efficiency and responsiveness with their goal, Amazon should think about which locations are underserved by the current network of warehouses and where it is most economical to put the new warehouse.
Why is Amazon expanding by adding new warehouses, and where should they be situated?
can aid in hastening delivery For more earnings, locate warehouses close to the top 20 U.S. metro areas. A market watcher named Tompkins claims that the corporation is constructing tens of millions of square feet of DC space, with an increasing amount of it being located close to major cities.
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luca, a manager at a commercial real estate firm, has established a monthly sales quota for his sales team. which basic function of management best describes luca's actions?
The basic function of management that describes Luca's actions of establishing a monthly sales quota for the sales team is Controlling.
What are the basic functions of management?There are five basic functions of management including controlling, planning, organizing, staffing, and leading.
Controlling calls for establishing certain measures or standards and goals that the company or department has to meet. The company or department would then have to work towards achieving those goals and standards.
Luca is most likely engaged in the controlling function because he established a sales quota for the team that they have to meet. Meeting this sales quota would ensure that the company is better off.
Another function of management which is closely related to this is planning. Luca engaged in planning for the sales that his sales team would make by coming up with a quota.
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on october 11, your firm receives a $7,500 down-payment toward a $15,000 video your firm will produce, and you book it in unearned revenue. if, at year-end, 20% of the work is completed, what adjusting entry will you record?
Adjusting entries are a group of journal entries made at the conclusion of the accounting period to ensure that the balances of all the accounts are current and accurate. Simple applications of the accrual basis of accounting are adjusting entries.
What does the accounting term "adjustment" mean?Simply said, an adjusting entry is a change you make to your books to better match your revenue and expenses with your financial statements. At the conclusion of the accounting period, adjusting entries are made. This can happen towards the conclusion of the month or the year.
Utility bills, salaries, and taxes are a few examples of expenses that are typically billed at a later time after they have been incurred. An adjustment entry is made to eliminate the account payable that was previously recorded together with the accumulated expense when the cash is paid.
Main Points : At the conclusion of an accounting period, adjusting journal entries are written in a company's general ledger to comply with the matching and revenue recognition standards. Accruals, deferrals, and estimations are the three most typical types of adjusting journal entries.
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question 1 in which stage of the data life cycle does a business decide what kind of data it needs, how the data will be managed, and who will be responsible for it?
A business decides what type of data it need, how it will be managed throughout its life cycle, who will be in charge of it, and the best outcomes during planning.
What is the company life cycle?In business, a product's life cycle tracks its development, maturation, and decline. Product development, market introduction, growth, maturation, and decline/stability are the five stages of a life cycle.An analysis project using data from a private company has been completed by a data analyst. In order to protect the data, they delete the digital files. In order to protect sensitive information, data analysts employ secure data-erasure software and shred paper files during the destroy phase.During planning, a business determines what type of data is required, how it will be managed throughout its life cycle, who will be in charge of it, and the best outcomes.To learn more about company life cycle refer to:
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which of the following are basic ways for delivering value to customers via a differentiation strategy? multiple select question. incorporating tangible features that improve product performance commanding a premium price and increasing unit sales incorporating intangible features that enhance buyer satisfaction including product attributes and features that lower the buyer's costs
The basic ways for delivering value to customers via a differentiation strategy are-
Emotional Response.
Innovation.
Brand Presentation.
Unique Experience.
Pricing.
What is a differentiation strategy?
Your differentiation strategy is the manner in that you make your organization stick out from in any other case comparable competition withinside the marketplace. Usually, a differentiation strategy entails highlighting a significant distinction between you and your competition. And that distinction has to be valued with the aid of using your ability clients.
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at your future job, you get an unexpected raise from $50,000 a year to $75,000 a year. with the increased income, you decide to increase your consumption from $30,000 a year to $40,000 a year. calculate your marginal propensity to consume
The Marginal propensity to consume is 0.4. MPC is the percentage of extra income that an individual consumes.
What is Marginal propensity?The marginal propensity to consume is a metric that quantifies induced consumption, which is the idea that an increase in disposable income leads to an increase in personal consumer spending. The propensity to consume is the percentage of disposable income that individuals spend on consumption. The marginal propensity to consume (MPC) is defined as the proportion of a pay increase that a consumer spends on goods and services rather than saving. The marginal propensity to consume (MPC) is the proportion of a raise that is spent on goods and services rather than saved. A multiplier is an economic input that increases the impact of another variable.Therefore,
We are calculating the marginal propensity to consume here (MPC).
Income Change = New Income - Old Income
Income Change = $75,000 - $50,000
Income Change = $25,000
Consumption Change = New Consumption - Old Consumption
Consumption change = $40,000 - $30,000
Consumption change = $10,000 in
Change in Consumption / Change in Income = Marginal Propensity to Consume
Marginal propensity to consume = $10,000 / $25,000
Marginal propensity to consume = 2/5
Marginal propensity to consume = 0.4
Therefore, the Marginal propensity to consume is 0.4.
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it is found that a test designed to measure management ability is a very good predictor of how well an individual will function as a manager. this test is said to be
Valid test refers to how directly a system measures what it's intended to measure. However, that means it produces results that correspond to real parcels, characteristics, If exploration has high validity.
What Test validity ?Validity is the most important issue in opting a test. Validity refers to what characteristic the test measures and how well the test measures that characteristic.
Validity tells you if the characteristic being measured by a test is related to job qualifications and conditions.
Validity gives meaning to the test scores. Validity substantiation indicates that there's relation between test performance and job-performance
Validity also describes the degree to which you can make specific conclusions or prognostications about people grounded on their test scores
a valid test can be conducted on basis of:
Validity substantiation
Job similarity
Fairness substantiation
Other significant variables
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john bought 1,150 shares of intel stock on october 18, 2018, for $33 per share plus a $750 commission he paid to his broker. on december 12, 2022, he sells the shares for $47.00 per share. he also incurs a $1,000 fee for this transaction. required: a. what is john's adjusted basis in the 1,150 shares of intel stock? b. what amount does john realize when he sells the 1,150 shares? c-1. what is the gain/loss for john on the sale of his intel stock? c-2. what is the character of the gain/loss?
Shares sold with net proceeds that are less than their adjusted basis result in capital gains or losses. The total cost of purchasing the shares is on an adjusted basis. In other words, it includes any expense directly related to the purchase of the shares.
Adjusted basis
Total cost:
Shares Costing = 1,000 shares x $30 = $30,000
A fee of Broker = $750
Basis = $30,000 + $750 = $30,750
Total cost is the sum of all expenditures made to generate a certain production level; when this total cost is divided by the quantity produced, average or unit cost is discovered.
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which of the following would most likely have caused the production possibilities frontier to shift outward from a to b? group of answer choices a decrease in unemployment a technological advance in the consumer goods industries a general technological advance an increase in the availability of capital-producing resources
General technological advance is most likely to cause the production possibilities frontier to shift outward from a to b.
Technology has always been vital for organisations, but in recent years, that importance has increased significantly. By definition, technology is the practical application of scientific knowledge, and it is obvious that in order for businesses to remain competitive, they must adopt new technologies. The importance of new technology for organisations can be attributed to a number of factors. First, firms can improve their production and efficiency by utilising modern technologies. This is so that workers may concentrate on other duties because new technologies sometimes automate operations that were previously performed manually. Additionally, by lowering their dependency on costly manual labour, new technology can assist firms in saving money. Finally, firms can frequently access new markets and clients thanks to new technologies.
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sam monte deposited $21,500 into legal bank, which pays 6% interest that is compounded semiannually. what will sam have in his account at the end of six years?
Sam Monte deposited $21,500 into legal bank, which pays 6% interest that is compounded semiannually at the end of 6 years he will have $30,654.70.
Explain compound interest.The concept of compound interest states that you can earn interest not just on the money you save, but also on the interest you get.
The frequency of interest payments affects both the rate at which compound interest (or "compounding," as it is frequently termed) increases. The total amount of interest paid over the course of the year will be higher if the interest period is not yearly but rather bi-annual, quarterly, or even monthly. This is due to the fact that interest is being paid on interest accumulated within those shorter time frames.
Compound interest is an effective idea since it allows your funds to increase even if you don't make any more contributions.
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The complete question is mentioned below :
Sam Monte deposits $21,500 into Legal Bank, which pays 6% interest that is compounded semiannually. Using the table in the handbook, what will Sam have in his account at the end of six years?
A. $29,760.30
B. $30,654.70
C. $30,456.07
D. $29,670.03
E. None of these
an error in the physical count of goods on hand at the end of a period resulted in an $7600 overstatement of the ending inventory. the affect of this error in the current period is
Cost of goods sold (COGS). The carrying value of goods sold during a specific period is referred to as the cost of goods sold.
What is cost of goods sold ?Costs are assigned to specific items using one of several formulas, such as specific identification, first-in-first-out (FIFO), or average cost. Costs include all purchase, conversion, and other costs incurred in bringing the inventories to their current location and condition.
Material, labour, and allocated overhead are all included in the costs of goods manufactured by businesses. The costs of goods that have not yet been sold are deferred as inventory costs until the inventory is sold or written down in value.
Many businesses sell goods that they have purchased or manufactured. When goods are purchased or manufactured, the costs associated with those goods are capitalised as part of the inventory (or stock) of goods. These expenses are deducted when the company recognises income from the sale of goods.
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If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit ________ of scale and ________ average total cost.
If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit economies of scale and falling average total cost
What Are Economies of Scale?Economies of scale are financial benefits businesses enjoy as production becomes more productive because costs may be divided over a larger number of products.The ability of a company to benefit from economies of scale depends on its size; bigger businesses will produce more goods and save more money.Scale economies might be internal or external. External causes have an impact on the entire sector Internal economies are driven by conditions within a particular firm.Several factors contribute to economies of scale resulting in cheaper per-unit costs. First, increased worker specialization and technological integration increase production rates. Second, cheaper per-unit expenses may result from supplier bulk orders, larger advertising purchases, or lower capital costs. Third, spreading internal function costs over a greater number of manufactured and sold units aids in cost reduction.To learn more about economies of scale, refer to https://brainly.com/question/780900
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according to immanuel wallerstein, currently, there are many countries whose production is owned or leased by dominating countries but the workers in these countries do not share the same privileges and rights that us workers do. one of these would be
According to immanuel wallerstein, currently, there are many countries whose production is owned or leased by dominating countries but the workers in these countries do not share the same privileges and rights that us workers do. one of these would be Vietnam.
Production is the method of mixing numerous fabric inputs and immaterial inputs with the intention to make something for consumption. it is the act of creating an output, an awesome or service which has cost and contributes to the utility of people.
Production is the method of making or manufacturing items and merchandise from uncooked materials or components. In other phrases, production takes inputs and makes use of them to create an output that is in shape for intake – an amazing or product which has fee to an stop-consumer or consumer.
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customer service is a key attribute of sharon's shoe shop. sharon expects all of her employees to provide excellent service, and her performance appraisals go over this area in detail. which criterion for effective performance is sharon using?
Customer service is a key attribute of Sharon's shoe shop. The criterion for effective performance is Sharon using Fit with strategy.
Customer service is the support and advice that a company provides to people who purchase or use its products and services. Different industries require different levels of customer service, but ultimately, the idea of well-delivered service is to increase revenue. formed in the ages. This gave rise to the customer service he is known for today. It is very interesting to look back in history and see how this industry has evolved.
Inform you and your employees about the products you sell. Respond to customer questions and respond quickly (even if it's negative feedback). Do whatever it takes to make your customers happy and feel special.
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An automobile salesperson uses ________ when it accesses a mobile system to obtain the latest information on consumer demand for electric vehicles.
It is anticipated that the widespread use of electric propulsion technology will radically alter the automobile industry, enabling environmentally friendly transportation and opening up new commercial prospects for firms. Electric current from electric vehicle batteries, which are both used and stored, is what electric cars (EVs) use (EVBs). Unfortunately, the performance of lithium-ion chemistry-based EVBs degrades over time and with use as a result of calendar aging and cycle aging (Ebner et al. 2013).
After 6 to 8 years of operation, or at least 100,000 miles or 160,000 km of travel, automotive manufacturers anticipate that an EVB will reach the end of its first life (e.g., BMW AG 2016; Nissan North America Inc. 2016). The original driving range, acceleration, and charging speed of the EV are then restored when an EVB is replaced.
Since most removed EVBs still have between 70% and 80% of their useable capacity left, repurposing and using them in new second life applications may prove to be a practical way to increase revenue (Neubauer et al. 2015; Ahmadi et al. 2017). According to Elkind (2014), these income can help offset the high upfront expenses of EVs, up to 25% of which are now covered by the EVB (Nykvist and Nilsson 2015).
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a polisher has a production cycle that consists of 36 minutes of setup time, followed by 53 minutes of production. while producing, the polisher produces 212 parts per minute. what is the capacity of the polisher in parts per minute?
The machine can produce 212 components per minute is the capacity of the polisher in parts per minute
first determine the overall duration.
Total time equals production time plus setup time.
36 minutes plus 53 minutes total.
Time taken: 89 minutes.
Add up all the units.
Total Units = Minutes of Production x Hours of Time
Total Units = 212 PPM multiplied by 89 minutes.
Units in total = 18868 parts
Determine the parts per minute now.
Total Units / Total Time equals parts per minute.
18868 pieces / 89 minutes equals parts per minute.
212 parts per minute is one minute in parts.
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find the present value of $800 due in the future under each of these conditions: 12% nominal rate, semiannual compounding, discounted back 7 years. do not round intermediate calculations. round your answer to the nearest cent. $ 12% nominal rate, quarterly compounding, discounted back 7 years. do not round intermediate calculations. round your answer to the nearest cent. $ 12% nominal rate, monthly compounding, discounted back 1 year. do not round intermediate calculations. round your answer to the nearest cent. $ why do the differences in the pvs occur?
The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future.
How is future worth determined?Future value is emphasized by both investors and financial planners because it enables them to predict how much an investment will be valued in the future. Based on their financial goals, it helps investors make wise financial decisions.
FV examples : Future value is the amount of money that, with time and an interest rate, is invested now and will eventually become.
Future value:$800 (US dollars)
interest rate: 12 %
interest periods: 7 years
Result
present value | $346.81 (US dollars)
Equation
FV = PV (1 + i/12)^(12 n) |
PV | present value
FV | future value
i | interest rate
n | interest periods
(assumes finite compounding).
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the fisher effect equation can be used to determine the real interest rate. use this equation to determine the answer to the question. if the nominal interest rate is 0.0800.080 , and the inflation rate is 0.0350.035 , what is the real interest rate?
The real interest rate is 0.095. By deducting the inflation rate from the nominal interest rate, one can compute the real interest rate, which is the nominal interest rate less the inflation rate.
The relationship between inflation and both real and nominal interest rates is described by Irving Fisher's economic theory, the Fisher Effect. According to the Fisher Effect, the real interest rate is the nominal interest rate less the expected inflation rate.
Therefore, unless nominal interest rates rise at the same rate as inflation, real interest rates decrease as inflation rises.
The real interest rate can be calculated by deducting the anticipated inflation rate from the nominal interest rate, according to Fisher's equation. All of the rates are compounded in this equation.
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this final act in closing out a project helps future projects, may be required by government regulations, ensures warranties are valid, may be required by the customer, and may be required for certification. what process does this describe?
Project closure is the last step in finalizing a project. It deals with unsolved issues and archives the data of the project for future reference.
It is an important step in finalizing the project as the project information is archived, plans are completed, and allows the team members move forward with other plans. The first step is to review the progress, complete the deal and make a report of customer satisfaction.
The second step includes the lessons learned from the project. It includes a review of the timeline, project budget, and other aspects included in the completion of the project.
The third step is the sense of accomplishment among the team members involved in the completion of the project. The final step is to archive the details and information of the project for future reference. It notifies the team and upper authority about the completion of the project.
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marcie is enrolled in a principles of microeconomics class but mistakenly buys a macroeconomics book from ebay and cannot return it. she paid $80 for the book. marcie's friend tells marcie to read the macroeconomics book or otherwise she will have lost her $80. explain whether you agree or disagree with marcie's friend.
Marcie's friend and I disagree. It's a sunk cost because I already paid $80 for the book. Reading macroeconomics now will not benefit me because I am supposed to be reading microeconomics now.
What is macroeconomics?
Macroeconomics is the study of how an entire economy—markets, businesses, consumers, and governments—behaves. Macroeconomics studies economic phenomena such as inflation, price levels, economic growth rate, national income, GDP, and changes in unemployment.
Macroeconomics addresses several key questions, including: What causes unemployment? What factors contribute to inflation? What causes or promotes economic growth? Macroeconomics seeks to quantify an economy's performance, understand what forces drive it, and forecast how performance can improve.
As a result, I disagree with Marcie's friend that sunk costs should never be considered when making a financial decision.
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nadia is going to receive $1,000 from her grandparents next year. according to the time value of money, the gift of $1,000 is worth a gift of $1,000 if she received it today. less than more than the same as twice as much as
The worth of $1,000 gift that Nadia is going to receive next year will be less than current value because as per time value of money current money has more worth than same money in future.
The idea of the time value of money (TVM) states that a monetary amount is valuable more now than it would be at a later point in time owing to its potential for earnings in the meantime. A fundamental idea in finance is the time value of money. Amount of money in your possession is considerably more valuable than a similar sum that will be delivered in the future. The discounted present value is another name for the time value of money.
Therefore, the value of gift will be less than $1000, if she is going to receive the same gift worth $1,000, in future due to the concept of time value of money.
The complete question is here:
Nadia is going to receive $1,000 from her grandparents next year. according to the time value of money, the gift of $1,000 is worth a gift of $1,000 if she received it today
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an investor who is in the 35% federal tax bracket and the 5% state bracket buys a 6.5% yield corporate bond. what is his after-tax yield? (assume that federal taxes are not deductible against state taxes and vice versa). 3.9% 4.75% 6.5% 9.9%
Municipal bonds are preferred by investors over corporate bonds when they offer yields above 4.75%.
The tax-exempt equivalent of a municipal bond is calculated by multiplying the bond yield by one, less the taxpayer's state and tax amount of 6.50% × (1 - 35%).
Municipal Bond Equivalent Yield of 4.75%.
Municipal bonds should offer a higher yield than the 4.75% equivalent yield, as investors prefer them over corporate bonds.
In short, such municipal bonds fund specific projects or operations by local governments, counties, or regions, as opposed to bonds issued by the Treasury, which are backed by full faith in the national currency.
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b. what are some potential consequences of such a price ceiling? a decline in housing availability a decline in housing quality the development of a black market in housing housing discrimination
Call for is the amount of a good that purchasers are inclined and capable of buy at numerous fees in the course of a given time.
The required details for Demand in given paragraph
a. At fee of $1,2 hundred in step with unit, Quantity Demanded is 17,000 whilst Quantity furnished is 9,000units.
Since Quantity Demanded is extra than Quantity furnished
There is Shortage of 8000 devices within side the marketplace.
b. All of the above alternatives are accurate as fee ceiling will increase the black marketplace for housing. This is due to the fact call for is much less than deliver and there may be scarcity of houses. As a end result dealer or residence proprietor will begin disturbing excessive fees from the client which in the end create a black marketplace. This additionally degrade the residence fine and there might be discrimination among the shoppers as client with maximum willingness to shop for gets the residence. The courting among fee and amount call for is likewise referred to as the call for curve.
Demand for a particular object is a characteristic of an object's perceived necessity, fee, perceived fine, convenience, to be had alternatives, purchasers' disposable earnings and tastes, and lots of different alternatives.
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