The statement that best explains the elasticity and incentives work together is that an elastic good, such as a game, is more likely to respond to incentives.
What is elasticity?Elasticity is the term that is used in economics. It calculates the percentage change of one economy shifting in response to a percentage change in another.
It is a broad estimate of the sensitivity of an economic variable in reply to a change in another economic variable.
It is defined as an elastic good, like a game, is additionally possible to react to motivations or incentives.
Therefore, an elastic good, such as a game, is more likely to respond to incentives is the correct statement.
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A florist expects monthly cash sales to be $5,300 and interest income to be $200. Total cost of goods will be $1,750, fixed expenses will be $2,150, and variable expenses will be $1,975. Calculate the cash flow.
Answer:
Your answer would be -$375
Explanation:
Good Luck
An overstatement of ending inventory in one period results in.
Answer:
Results in understated cost of goods sold, overstated net income, overstated assets, and overstated equity.
Gloria deposited $500 into a bank account that earned 7. 5% simple interest each year. She earned $225 in interest before closing the account. No money was deposited into or withdrawn from the account. How many years was the money in the account? Round your answer to the nearest whole year. Enter your answer in the box. Years.
The number of years in which the money is in the account is 6 years.
What is simple interest?Simple interest denotes the amount of payment that is received or paid by a person in return for anything pledged or given a loan.
The interest computed on the principal amount for a specified duration of time and rate of interest is called simple interest.
The formula of simple interest:
[tex]\text{SI}= \text{P}\times r \times t[/tex]
Where, (P) stands for principal, (r) for interest rate, and (t) is for the time period.
Computation of a number of years:
According to the given information,
P=$500,
r=7.5%,
t=?
SI= $225
Now, substitute the given values in the above formula, we have:
[tex]\text{SI}= \text{P}\times r \times t\\\\\$225=\$500\times\ 7.5\%\times t\\\\t= 6 \text{Years}[/tex]
Therefore, the number of years is 6 years.
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If the organization selects someone who may pose a danger to coworkers and then harms coworkers in the company, what does the company potentially have
The business has a negligent hire if they go on to hire a person that is likely to pose a danger to workers.
What is a negligent hire?This is a wrong approach to hiring employees to an organization. It is a situation where the company goes ahead to hire the wrong person.
Such a person could be a criminal and a person that has delinquent behaviors which can put the lives of others in great danger.
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In 2017, Hurricane Irma had a significant, negative impact on the orange harvest in the state of Florida. The U. S. Department of Agriculture predicted that the quantity of oranges produced would be 21% lower than the previous year. If the price elasticity of demand for oranges is -1. 5, what impact would Hurricane Irma have on the price of oranges? change in the price of oranges:_______
As a result of Hurricane Irma causing the quantity of oranges to drop by 21%, the change in price of oranges will be increase of 14%.
What will be the change in price of oranges?Price Elasticity is found as:
= Change in quantity / Change in price
You have the elasticity and the change in quantity so you can find the change in price as:
-1.5 = -21% / Price
Price x -1.5 = -21%
Price = -21% / -1.5
= 14%
In conclusion, price will increase by 14%.
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The distinction between operating and nonoperating income relates to: (1) continuity of income. (2) primary activities of the reporting entity. (3) consistency of income stream. (4) reliability of measurements.
The reason why there is a difference between operating and nonoperating income is (2) primary activities of the reporting entity.
What is nonoperating income?This is income that a company gets from activities that the company does not engage in primarily. For instance, a manufacturing company getting income from investments in a tech firm.
Operating income on the other hand, is income that is acquired from the primary activities of the company in question.
In conclusion, option 2 is correct.
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Which is the anthropological category promoted by Donna Haraway as a framework for interpreting the environment
It should be noted that kinship is anthropological category promoted by Donna Haraway as a framework for interpreting the environment.
What is kinship?anthropology, kinship can be regarded as the web of social relationships which serves as part of the lives of all humans .
It is very crucial in the societies, even within this discipline are often debated.
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A top performing used car salesman is able to sell his cars to each customer at their maximum willing to pay, a practice known as:____.
A. pricing market to market.
B. perfect price discrimination.
C. insightful pricing.
D. price tying.
Question 6 of 10
Which of the following companies was involved in energy and
other resource trading?
A. Arthur Andersen
B. Enron
C. WorldCom
D. Adelphia
Answer:
B
Explanation:
Enron
Please help me I don't really understand
Answer:
the crust is the one on the outside, the inner core is the middle, the the after the crust is outer core,
For streaming video companies, operating the web portal is an example of __________________ while royalties for each view is an example of ___________________.
The operating the web portal is an example of fixed cost while the royalties for each view is an example of variable cost
What is a fixed cost?
A fixed costs are those expenses that don't change when sales or production volumes increase or decrease.
What is a variable cost?A variable cost refers to those expense that changes in proportion to how much a company produces or sell
In conclusion, the operatioon of the web portal is an example of fixed cost while the royalties for each view is an example of variable cost in a streaming video companies.
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Answer:
For streaming video companies, operating the web portal is an example of Fixed Cost while royalties for each view is an example of Variable Cost.Explanation:
#BrainliestBunchThree of the most common open terms for which the UCC provides numerous provisions to fill the gaps in a contract are: (select all that apply)
Some of the most common open terms used are Open price term, open payment term, and open delivery term.
What is Uniform Commercial Code (UCC)?The Uniform Commercial Code (UCC) are set of rules or laws that governs business transactions.
The make use of some payment and price terms and the businesses are commercial and mostly in the United States.
Therefore,open price term, open payment term, and open delivery term are the most common open terms for UCC
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Problems are ____. People producing unacceptable results Results that are not acceptable Departments producing the unacceptable results Solutions that eliminate the unacceptable results Causes producing unacceptable results
Answer:
Results that are not acceptable.
Stock in Ombor Medical Supplies earns a return of 5. 3% annually, while bonds issued by Ombor Medical Supplies earns a return of 4. 1% annually. If you invest a total of $2,400 in Ombor Medical Supplies, $1,400 of which is in bonds and $1,000 of which is in stocks, which side of the investment will show a greater return after six years, and how much greater will it be? a. The stocks will earn $55. 60 more than the bonds. B. The stocks will earn $118. 60 more than the bonds. C. The bonds will earn $82. 00 more than the stocks. D. The bonds will earn $26. 40 more than the stocks.
The investment in bonds will give better returns to Ombor Medical Supplies than returns in stock. Thus, Option d. Bonds will earn $ 26.40 more than shares is the correct answer.
What is a bond?A bond is a fixed payment obligation issued by a company or state-owned company to investors.
As per the information given, assuming the same prices are followed for 6 years.
Stock at Ombor Medical Supplies earns a return of 5.3% per annum, so $ 1000 will produce annually;
[tex]\rm\,0.053\times\,\$ 1,000 = 53\,dollars\\\\Total\,amount\,in\,6\,years = \$53\times6=$318 dollars[/tex]
Bonds issued by Ombor Medical Supplies earn a return of 4.1% per annum, so $ 1400 will be issued annually;
[tex]\rm\,0.041\times\,\$1,400 = 57.4\,dollars\\\\ Total\,amount\,in\,6\,years = \$57.4\times6=344.40\,dollars[/tex]
We see that bonds have a higher yield than stocks.
[tex]\rm\,Value\,of\,the\,difference = \$344.40\,-\, \$318 = \$26.40[/tex]
Therefore, bonds will earn $ 26.40 more than shares. Option D. is the correct answer.
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When there is a constrained resource, the best way to increase profits is to ______.
i. increase the capacity of the bottleneck
ii. keep the capacity of the bottleneck
iii. the same decrease
iv. the capacity of the bottleneck
Answer:
the answer is
Explanation:
i. increase the capacity of the bottleneck
Sandra is hired by a sparkling water manufacturer. Her primary function at the company is transforming resources into goods and services. Sandra is involved in
Sandra is involved in production.
What is Production?
Production can be described as the process of transforming or converting resources into goods and services.
In any organization, the depart that is in charge of production is the production or operation department.
Therefore, Sandra is involved in production.
The reason is that the transformation of resources into goods and services is her key job role at the company.
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The idea that free markets should be left alone to boost economic activity is referred to as __________ economics. a. voodoo c. la valise b. laissez-faire d. bourgeoisie
Answer:
b. laissez-faire
Explanation:
An understanding of the best ways to produce goods and services is called a. productivity. b. technology. c. physical capital. d. human capital.
To produce, we need to measure productivity, Productivity is an understanding of the best ways to produce goods and services.
What is productivity?Productivity measures how efficient production is relative to amount of goods or service produced.
It usually expressed as the ratio of total output of production to input used.
Therefore, productivity is an understanding of the best ways to produce goods and services.
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Hich statement is true about the ordered pair (3 , 4)?
A. To plot the ordered pair (3 , 4), travel four units to the right on the y-axis and three units up on the x-axis, from the origin. B. To plot the ordered pair (3 , 4), travel three units to the right on the y-axis and four units up on the x-axis, from the origin. C. To plot the ordered pair (3 , 4), travel three units to the right on the x-axis and four units up on the y-axis, from the origin. D. To plot the ordered pair (3 , 4), travel four units to the right on the x-axis and three units up on the y-axis, from the origin.
Answer:point c
Explanation:
The concept that human desires are unlimited while resources for achieving those
desires are limited is known as which of the following?
Equality
Adversity
Scarcity
Opportunity
Answer:
Scarcity. Im telling you.
Explanation:
Trust me bro
When dyson, best known for its revolutionary vacuum cleaner, introduced the dyson supersonic hair dryer, it used _______.
Answer:
social media to promote
Explanation:
You see a television commercial for a product you may want to buy, and there is a telephone number you must call to place an order. Because you don’t have anything with which to write down the number, you repeat it to yourself over and over again until you feel like you won’t forget it. This process is called ________.
If you repeat it to yourself over and over again until you feel like you won’t forget it. This process is called rehearsal.
What is rehearsal?Rehearsal is the act of rehearsing when preparing for an event so as to remember or not to forget what you have practice or learn.
Based on the given scenario repeating what you have learn or cram over and over again so as not to forget is called rehearsal.
Inconclusion repeating it to yourself over and over again until you feel like you won’t forget it is called rehearsal.
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A simultaneous increase in both the demand for headphones and the supply of headphones would imply that:_________
a) the value of headphones to consumers has increased and the cost of producing headphones has decreased.
b) both the value of headphones to consumers and the cost of producing headphones has decreased.
c) both the value of headphones to consumers and the cost of producing headphones has increased.
d) the value of headphones to consumers has decreased and the cost of producing headphones has increased.
Answer:
A
Explanation:
If the the demand for headphones has increased the consumer must pay more money
Suppose there are four firms that are each willing to sell one unit of a good. Each firm has a different minimum price that they are willing to sell for: Firm W $6, Firm X $7, Firm Y $10, and Firm Z $12. If the market price is $11 then the market supply for this good will be
Answer:
A is the answer I believe so
Which of the following is true for services?
a) Service providers develop similar marketing programs for personal services and business services.
b) The client's presence is a hindrance during the service delivery process.
c) All service companies follow the same process to deliver their services.
d) Service providers can be either for-profit or nonprofit.
e) All services are people-based, while goods are equipment-based
The true statement about services is that all the service companies follow the same process to deliver their services.
What are service companies?Service companies means company that essentially performs tasks for the benefit of their customers and these some examples of their tasks includes transportation, cleaning, traveling, hospitality, maintenance etc.
Hence, in this question, the true statement is that all the service companies follow the same process to deliver their services for effective delivery.
Therefore, the Option C is correct.
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Which must be considered when beginning a new photoshop project.
you need ideas and concepts
How long does an inquiry stay on your credit report.
Answer:
Two years
Explanation:
Hard inquiries stay on your credit reports for two years before they fall off naturally. If you have legitimate hard inquiries, you'll likely need to wait until the 24-month period is over to see them disappear. Not all hard inquiries impact credit scores.
Denisha and Carlton report their manager to HR because they feel that they were denied a promotion because of their age. They are both 28 and Denton was promoted and he is 47. They are claiming age discrimination. HR informs them that the law does not apply to them based solely on their age, because it does not
a. permit business necessity as a ground to avoid a guilty verdict.
b. protect younger workers
c. allow for jury trials.
d. allow punitive damages
e. permit promotions based on performance.
The HR informs them that the law does not apply based on their age because it does not protect younger workers.
What is age discrimination?This is a type of discrimination that exists in the society where people are denied opportunities such as jobs and other benefits on account of their age.
The HR here is informing the workers that age is not what the law concerning the promotion is based on.
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Packaging and labeling not only provides benefits for the consumer, but if done successfully in a way that puts a firm in a favorable position compared to its competitors, it can provide ______ for the firm.
Packaging and labeling, in addition to benefiting the final consumers, also provides a competitive advantage for the firm.
What are packaging and labeling?Packaging and labeling are the processes of designing and developing suitable packages for the enclosure of products and providing some instructions and suggestions for product usage.
While packaging focuses on the product's appearance, labeling is mainly concerned with the product's description.
Thus, packaging and labeling, in addition to benefiting the final consumers, also provides a competitive advantage for the firm.
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You are writing a long, complex document in which you need to explain a series of events that led to a problem, evaluate several possible options for solving that problem, and present the most important factors to consider in making a decision. Which pattern of organization would be most effective?.
Let’s say that you’re the general manager at a nice hotel. Suddenly, you notice that customers are rating your property two and three stars instead of the customary five stars you and the team are used to earning. You need to decide on the next steps to solve this issue. Let’s start right at the top of the rational decision-making model.
Understand the issue. The issue is clear to you. Customers are rating their experience at your property online, and they’re not happy. This will surely damage your team’s efforts to generate new business. You need to find a way to earn better customer ratings. Define the problem. You and your team sit down and read the last twenty or thirty customer reviews on three different travel sites. It turns out that customers’ unhappiness coincides with a recent increase in rates. They no longer feel they’re getting good value for their money. Define the objectives. What criteria will your solution have to meet? Your want to start getting better ratings from customers. You don’t want to see customers complaining about anything online. Your objective is 100% happiness, 100% five-star ratings. Diagnose the problem. This is the stage where you look to determine and understand the root causes of your issue. Perhaps you decide that all customer-facing staff report daily on quality issues. And maybe you consult with operations on additional perks that can be incorporated into the guest experience without giving away too much margin. Develop alternatives. You ultimately want to create a lengthy list of alternatives and not decide on one too quickly. You look over your employees’ reports on quality. You wait on operations for recommendations on extra perks. You collect all the data. Evaluate alternatives. Once you have all your alternatives on the table, you can start to make a choice. Every employee suggestion, every operations recommendation should be in front of you, and you consider each option carefully. Select an alternative. One of your employees has suggested two additional members for the housekeeping staff, as the current level of staff is having difficulty keeping up with the increase precipitated by an office building opening up down the street. A member of your operations team has suggested providing a continental breakfast for business travelers in response to the increase in that customer type. Both seem like good ideas. Which will provide the bigger impact? Implement alternative. You decide to hire the two additional members for the housekeeping staff, understanding that your customers view quality in clean rooms and common spaces. You get the budget approved and post for those two jobs. You make a plan to check-in at the thirty-day mark to see if customers’ ratings have improved.
Organizations make decisions every day, and, as we mentioned earlier, the better and quicker they do so, the more successful they will be. But what kind of techniques and tools do organizations employ to make good decisions? What are the obstacles and how can a good, creative decision give an organization a leg up on the competition?
The Decision Making Process
“To be or not to be: that is the question.” Hamlet lamented.
“Should I stay or should I go now?” The Clash asked.
“Two roads diverged in a yellow wood,” Robert Frost pointed out.
If you’re struggling to make a decision, you’re in good company. Literature, poetry and pop culture provide plenty of sympathy for your plight. Sadly, while they understand your pain, they don’t always sing you to the correct resolution. When it comes to making a decision, in business or in life, how can you be sure you’re doing the right thing?
Well, we wouldn’t be writing songs about making decisions if it were an easy task. That said, researchers have studied the decision-making process as much as anything else, and they’ve come away with some different ideas and models that help us understand how we can make decisions more carefully and successfully. Let’s take a look at the five best known of those decision making models.
Rational Decision Making
The rational decision making model assumes decisions are based on an objective, orderly, structured information gathering and analysis. The model encourages the decision maker to understand the situation, organize and interpret the information, and then take action. There are eight steps in the rational decision making process.
