Answer:
Quantity Demanded is a shift up/down a demand curve
Increase in Demand is a shift in the curve itself.
Explanation:
There will be an increase in Quantity Demanded when price goes down. There is a Quantity Demand change when there is a price change. (QD goes up when Price goes down, QD goes down when price goes up)
An increase in demand is when one of the shifters of demand change. So for example, if number of consumers (one of the shifters) increase, the demand curve increases, and shifts right, meaning more quantity at each pricepoint.
How does a command economy answer the three economic questions?
(1) what to produce, (2) how to produce, and (3) for whom to produce.
Answer:
key terms in purest from a market economy answers the three economic questions by allocating resources and goods through markets where prices are generated. In its purest form, a command economy answers the three economic questions by making allocation decisions centrally by the government.
Answer:
is it (3) for whom to produce.
Explanation:
Phone Center Scenario The Technix Computer Corporation recently finished construction of a customer service phone center in New Delhi, India. Phone center agents will be responsible for answering technical questions from customers around the globe. Technix has hired 55 local computer experts as phone agents, and a training session is underway. Technical specialists and call center specialists from the United States have flown to India to train the new Indian employees. Hank Patelli, a senior manager of a Technix phone center in Michigan, will oversee the New Delhi phone center for six months until a local manager is hired and trained to replace him. After the first training session, a number of the Michigan employees expressed frustration that the Indian employees lacked technical knowledge because none of them asked questions or offered answers. Which of the following would be the best way for Hank to handle the situation?
A. Host a traditional American barbeque so the American and Indian employees can get acquainted.
B. Remind the American employees that the Indians may be showing respect by remaining silent.
C. Order the Indian employees to interact more during the session.
D. Ignore the complaints of the American employees and continue the training sessions as planned.
The best way that Hank would handle this situation would be to Remind the American employees that the Indians may be showing respect by remaining silent.
Why the Indians may be silentThe reason for this silence could be due to the fact that the people are from a region where the society frowns at talking back to authority.
Understanding these people's culture would make the Michigan's understand why the people are that way.
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Mama C's Pizza instructs its telephone pizza order takers to pick up the telephone on the first ring and not to put customers on hold. When answering the telephone, an order taker must be energetic, friendly and let the customer hear the smile on his or her face. Mama C's guidelines for order takers' telephone answering behavior will influence which of the following service quality dimensions for Mama C's?
A) Reliability
B) Responsiveness
C) Assurance
D) Empathy
E) Tangibles
Answer:
B
Explanation:
it's responsiveness bc you're responding in a positive way and it looks better in the customer service world
Total income, before deductions are made, is called ___________.
A. gross income
B. net income
Answer: Your answer is A. gross income
Hope this helps!
Providing managers with increased visibility of the entire logistics process so that they can improve the efficiency of the entire system is the primary function of any ___ system.
The primary function of supply chain management system is to provide the managers with increased visibility of the entire logistics process so that they can improve the efficiency.
What is the supply chain management?In a firm, the supply chain management refers to an operational section that manages the flow of goods, services, tasks and processes that take place from the input of raw materials to the output.
In conclusion, the primary function of any supply chain management system is to provide the managers with increased visibility of the logistics process.
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In which sequence will events occur when the economy adjusts to an expansionary monetary policy, in the short run and then in the long run?.
Answer:
1. The Fed uses open market operations to increase the money supply, thus lowering interest rates and stimulating investment.
Expansionary monetary policy is done to stimulate economy by increasing money supply. It lowers interest rates and leaves more money for consumption and investment.
2. Increased aggregate demand leads to some higher prices and more total output.
Increased AG will lead to prices being higher in response. This would spur producers to produce more thereby increasing output.
3. Sticky input prices adjust to inflation.
Input prices will rise overtime to match the increase in prices.
4. Producers lay off some workers in response to higher input prices, causing a decrease in aggregate supply.
When the inputs rise, production becomes more expensive so producers will have to lay off workers to maintain profitability. They will also supply less goods as a result.
5. In the long run, equilibrium returns to the same initial production level.
In the long run therefore, the reduction in AS leads to production returning to pre-monetary policy figures.
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Which of the following helps to avoid wasting resources on goals that CANNOT be
accomplished?
Flexibility
Realistic expectations
Persistence
Organized planning
Realistic expectations helps to avoid wastage of resources.
What is Realistic expectations?Realistic expectations refers to goals or Target that are set which is realistic or can sensibly be achieved at the set time. Something you know you can achieve base on what you have and the solutions you intend to give.
Therefore, Realistic expectations helps to avoid wastage of resources.
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The process of helping a group to assess its accomplishments and plan alternatives is usually referred to as:
The amount of jelly sold decreases from 100 jars to 50 jars when the price of peanut butter increases from $2 to $3. Using the midpoint method, the cross-price elasticity between peanut butter and jelly is _____.
Answer: -1.7
Explanation:
Using a midpoint method. Find the rate of change for both quantity and price.
The rate of change in quantity is: ((Q2 - Q1)/(Q2+Q1)/2) X 100%
The rate of change in price is: ((P2-P1)/(P2+P1)/2)) X 100%
The answer is the rate of change in quantity divides by the rate of change in price.
What factor most commonly influences a firm's decision about whether to negotiate with several vendors at once
Answer:
Language barrier
Explanation:
poor communication with several vendors will lead to language barrier thus enabling other customers not to meet their expectation
11-M.2 MASTERY PROBLEM (Review of Chapters 9, 10, and 11), p.
340
Journalizing and posting transactions
Journalizing is the systematic filing of transactions in the right journals. Every incident is documented with double-entry is corresponded in an opposite entry as well.
Journalizing transactionsOnce one's firm earns or spends money, post the transaction in at least two different accounts – a debit and a credit account. This is called the double-entry method.
Posting transaction is the transferring of the data one has recorded in journaling to ledger accounts
Therefore, the two concepts are as defined above.
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You are considering taking out one of two loans. Loan R has a principal of $17,550, an interest rate of 5. 32% (compounded monthly), and a duration of seven years. Loan S has a principal of $15,925, an interest rate of 6. 07% (compounded monthly), and a duration of nine years. Assuming that you pay back each in monthly intervals, which loan will have a greater lifetime total, and how much greater will it be? Round all dollar values to the nearest cent. A. Loan S’s lifetime total will be $1,274. 12 greater than Loan R’s. B. Loan S’s lifetime total will be $32. 99 greater than Loan R’s. C. Loan R’s lifetime total will be $350. 88 greater than Loan S’s. D. Loan R’s lifetime total will be $58. 96 greater than Loan S’s.
The difference between the monthly payment of R and S is equal to $48.53 by following the compound interest formula. Thus, Loan R's monthly loan amount is greater than Loan S.
What is a Compound interest loan?Combined interest (or compound interest) is the loan interest or deposit calculated based on both the original interest and accrued interest from earlier periods.
[tex]\rm\,For\,R\\\\P = \$\,17,550\\r\,= 5.32\%\\Time\,= n= 7\,years\\Amount\,paid= [P(1+\dfrac{r}{100\times12})^{n\times12} ]\\=[ 17,550 (1+\dfrac{5.32}{100\times12})^{7\times12} ]\\= [ 17,550 (\dfrac{12.0532}{12})^{84} ]\\\\= [ 17,550 (1.00443^{84} ]\\\\= \$ 25,440.48\\\\Total\,monthly\,payment = \rm\,\dfrac{25,440.48}{84}\\\\= \$\, $302.86\\\\[/tex]
[tex]\rm\,For\,S =\\\\P=\,\$ 15,925\\r\,= 6.07\%\\T=n= 9\,years\\\\Amount\,paid\,= [P(1+\dfrac{r}{100\times12})^{n\times12} ]\\\\\= [15,925(1+\dfrac{0.0607}{12})^{9\times12} ]\\\\\\= [15,925(1+\dfrac{0.0607}{12})^{108} ]\\\\=[15,925(1.7247.84)} ]\\\\\= \$27,467.19\\\\Total\,monthly\,payment =\dfrac{\rm\,\$\,27,469.19}{108}\\\\= \$ 254.326\\\\[/tex]
The difference between the monthly payment of R and S is equal to $48.53.
Hence, Loan R's monthly payment is greater than the loan's monthly payment by $48.53
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Yael just turned 18 and has started getting money from her grandmother. For the next decade, payments will come in on a regular basis if she fulfills certain obligations. What is most likely happening?
A. Yael has been named the executor of a trust.
B. Yael is receiving assets from a trust set up by her grandmother.
C. Yael has named her grandmother as a beneficiary of her will.
D. Yael created a trust to give assets to her grandmother.
The event that most likely to happen with the Yael that had come to an age is that the Yael is receiving assets from a trust set up by her grandmother.
What is trust?A trust is a legal arrangement in which the owner of a right transfer it to another person or entity, who is obligated to keep and use it solely for the benefit of another.
In the given case, Yael just turned 18 and has started getting money from her grandmother, and she is receiving the payments on a regular basis if she fulfills certain obligations.
The situation is best described as the object of trust, as the grandfather passed the asset to Yael with an agreement.
Therefore, option B is correct.
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#SPJ2
Occupational Outlook Handbook is a resource that
O explains what education is needed for a job
O provides contact information for job shadowing
O shows the location of job openings in the area
O offers scholarship programs to cover college tuition
Answer:
It's A, explains what education is needed for a job
Explanation:
I'm taking a career course and took the test, got it right
U. S. Personal savings fell significantly during the 1980s and 1990s. Why didn’t the supply of loanable funds experience a similarly significant contraction?
Answer:
Increased foreign wealth and income
Explanation:
PLEASE HELP ME WITH THIS PLS PLS PLS
A fixed asset with a cost of $30,000 and accumulated depreciation of $28,500 is sold for $3,500. What is the amount of the gain or loss on disposal of the fixed asset?.
The amount of the gain or loss on disposal of the fixed asset is $2,000.
Gain or loss on disposalFirst step
Book Value = Original Cost of Equipment - Accumulated Depreciation
Book Value = $30,000 -$28,500
Book value= $1,500
Second step
Gain=Sale Price -Book Value
Gain=$3,500-$1,500
Gain=$2,000
Inconclusion the amount of the gain or loss on disposal of the fixed asset is $2,000.
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Bruce borrowed $1,000 for his trip. If bruce waits for five years to begin paying back his loan, how much will he owe?.
Answer:
$1,610.51
Explanation:
The complete question is
Bruce takes out a personal loan of $1,000 to go on a trip to Florida. His loan has an annual compound interest rate of 10%. The loan compounds once each year. When you calculate Bruce's debt, be sure to use the formula for annual compound interest.
Bruce borrowed $1,000 for his trip.
If Bruce waits for five years to begin paying back his loan, how much will he owe?
we know that
The compound interest formula is equal to
where
A is the Final amount owed
P is the amount of money borrowed
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Answer:
Explanation:
1,500 trust me took the test.
Which two renewable technologies do not rely on energy from the sun?.
Answer:
GEOTHERMAL AND TIDAL ENERGY
Explanation:
Which is the best system for keeping track of your spending?
A. Cash
B. Checks
C. Certificates of Deposit
Answer:
I would say checks. so sorry if im wrong.
Explanation:
You invest $25,000 at an annual rate of 7.25% for one year. What is the difference in interest earned if you compound this money on a daily basis instead of an annual basis
The difference between the interest compounded daily and the interest compounded annually is $67.13.
What is the interest earned in your money is compounded on an annual basis?
The formula that can be used to determine interest is : FV - amount invested
FV = P (1 + r)^n
Where
FV = Future value P = Present value R = interest rate N = number of years$25,000 (1.0725) = 26,812.50
26,812.50 - $25,000 = $1,812.50
What is the interest earned in your money is compounded on a daily basis?$25,000x (1 + 0.0725 /365)^365 = 26,879.63
26,879.63 - $25,000 = $1879.63
What is the difference in interest?$1879.63 - $1,812.50 = $67.13
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Our company sells flat screen tvs to retailers for $1,000. The total fixed costs for plant operation is $60,000. It costs us $700 to make each tv. How many tvs does mkt300 industries need to sell to break even?.
Answer:
i don't know i have no answer toExplanation:
sorry again i need answer too,anyone
PLSSS HELP IF YOU TURLY KNOW THISS
A company started the year with $10,000 of inventory. Purchases for resale during the year were $20,000. Inventory on December 31 is $5,000. What's the cost of goods sold
The inventory indicates that the cost of goods sold will be $25000.
How to calculate the cost of goods soldIt should be noted that the cost of goods sold ic calculated through the formula:
= Opening inventory + Purchases - Closing inventory
= $10000 + $20000 - $5000
= $25000
Therefore, the cost of goods sold is $25000.
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The cost of goods sold (COGS) is a crucial financial metric for a company, as it directly relates to the cost of producing the goods or services that a company sells. In your case, you're looking at a retail or wholesale type of business, where COGS involves the purchase cost of the inventory items that were sold during the year.
Here is how you would calculate the cost of goods sold in your situation:
1. Beginning Inventory: This is the value of all the goods available for sale at the beginning of the year. In your case, it's $10,000.
2. Purchases: During the year, the company purchases additional goods to sell. In your case, this amount is $20,000.
3. Available for Sale: The total cost of every item that the company could possibly sell during the year is the beginning inventory plus the purchases. So, in your case, that's $10,000 (beginning inventory) + $20,000 (purchases) = $30,000.
4. Ending Inventory: This is the value of all goods still available for sale at the end of the year. In your case, it's $5,000.
5. Cost of Goods Sold (COGS): This is calculated by subtracting the ending inventory from the total available for sale. Essentially, if you started with a certain amount of goods, added more, and then ended with a certain amount, the difference must be what was sold during the year. In your case, it's $30,000 (available for sale) - $5,000 (ending inventory) = $25,000.
So, your Cost of Goods Sold (COGS) for the year is $25,000. This means the company spent $25,000 during the year on inventory that it sold.
Economic surplus is maximized in a competitive market when.
Answer:
the price equals the market equilibrium price
50 points please help
Susan runs a factory in Texas that produces heaters. She has done a cost analysis on production and found that it would cost her $5.40 US to buy the input materials in the United States (per heater); 5.4 pesos (Mexican currency) in Mexico (per heater); and $6.00 Canadian (in Canada). All transport costs are included in the input cost. Assume the exchange rate for the peso to be $0.80 of $1.00 US, and that $1.00 Canadian is $0.90 US. What production structure should Susan’s factory use?
A. import materials from Canada
B. import materials from Mexico
C. export materials to Mexico
D. use materials from the United States
A peso is worth 0.80 US money
5.4 pesos x 0.80 = $4.32 US
$1 Canadian is 0.90 US
6.00 x 0.90 = $5.40 US
buying from Mexico works out to be the lowest US cost.
answer: Import materials from Mexico
Note the exchange values
1peso=0.8$(US)1canadian=0.9$For Canadian
cost is 6(0.9)=5.4$For Mexico
cost=5.4(0.8)=4.3$Hence Mexico is better choice for import
Option A
Managers at Umbrella Corporation, a firm in East Asia, want to make their company a global leader in business process outsourcing (BPO). What should the Umbrella managers look for as they decide where to locate their BPO facilities
The should the Umbrella managers look for as they decide where to locate their BPO facilities is an abundance of well-educated English speakers.
What does well educated mean?The term simply implies that a person of this kind of nature has a lot of knowledge about a lot of subjects, usually due to the fact that they have studied at college or university.
The speakers and writers of English who have been educated are known to be very verse in English and should be the one employed by this firm.
See options below
Multiple Choice
large, undeveloped plots of land for greenfield projects
many uneducated workers who are highly trainable
plentiful natural resources
an abundance of well-educated English speakers
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Who commanded allied troops in europe and was responsible for organizing the invasion of france?.
Answer:In May 1944, the Western Allies were finally prepared to deliver their greatest blow of the war, the long-delayed, cross-channel invasion of northern France, code-named Overlord. General Dwight D. Eisenhower was supreme commander of the operation that ultimately involved the coordinated efforts of 12 nations.
Explanation:
Rather than acquire an existing machine parts manufacturer in Mexico, Robertson Corp., based in Ohio, chose to establish new operations in a northern Mexico city. This form of FDI is called
The form of Foreign direct investment used to acquire the existing machine parts manufacturer in Mexico, Robertson Corp based in Ohio is called a greenfield investment.
What is a greenfield investment?A greenfield investment refers to a foreign portfolio investment whereby a company buys the stocks or bonds of an existing company.
In conclusion, the acquisition of Robertson Corp in other to establish new operations in a northern Mexico is called a greenfield investment.
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How can I increase my level of confidence in myself?
How do I get rid of the feeling of shyness, nervousness, and scared when I'm playing soccer in front of other and talking publicly to people?
Answer:
remind urself ur perfect and u got this! don't care about what others think!