At the beginning of the stated video Heidi and Christopher was at the crucial step that called Review Performance of management .
What is Review Performance ?According to my point of view, Heidi handled the performance review because she gives each individual and the group adequate comments and information about their performance, helps to change behavior toward effective working, and provides statistics for Christopher to reference.
Performance expectations, monitoring, measuring, and assessment are all part of the process- and managerial-based foundation of performance management. Christopher's overall performance as well as that of another team member is being watched by Heidi. Heidi discovered concerns about the general's work on the job, and his work has an impact on how well the corporation does business.
Here, Heidi consistently describes Christopher's and the general's lesser turnover, however general complaints about his behavior were observed. The general's actions have a negative impact on employee engagement and work happiness behavior. monitoring the effectiveness and response at work.
Christopher noticed that each team member was performing very well and contributing to increased profitability, productivity .
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Question 5 of 10
The initial amount you borrow in a loan is called the ____
A. collateral
B. simple interest
C. loan term
D. principal
The initial amount you borrow in a loan is called the principal.
What is a loan?A loan is described as money that is borrowed from another person or any financial institution. It is important to mention that the loan can also be in the form of material goods, or any property. However, the repayment of a loan includes payment along with interest.
The amount borrowed in a loan is the original sum of money, and that money is called the principal. This is the amount along with the added interest that a borrower has to repay.
It can be concluded that the initial amount you borrow in a loan is called the principal.
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Answer:
D. principal
Explanation:
in which type of marketing channel are multiple segments owned by the parent company? multiple choice question. unified horizontal marketing system corporate vertical marketing system conventional marketing channel independent marketing channel
Marketing channels are owned by the parent company in some segments corporate vertical marketing system.
A parent company, also known as a holding company, is a company that has subsidiaries wholly or partially owned by another company controlled by the parent company.
Like a parent company, a holding company has control over other companies. Unlike parent companies, holding companies do not have their own day-to-day operations and exist solely to own or hold subsidiaries.
In the corporate world, a subsidiary is a company that belongs to another company, usually called a parent company or holding company. The parent company retains control of the subsidiary. That is, the parent company owns or controls more than half of its shares.
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which are drawbacks of using the markowitz model to solve for optimal risky portfolios? multiple select question. the model does not provide any guidance as to investor risk aversion. when there are many assets, the model requires a huge number of estimates to fill the covariance matrix. the model does not provide guidance for forecasting the security risk premiums. the model uses the full available information on the covariance of assets.
Since Markowitz model uses mean-variance and does not guide investors about risk aversion, the correct answers are- (b) and (c).
The drawbacks are-
The model doesn't provide guidance for forecasting the security risk premiumWhen there are many assets, the model requires a huge number of estimates to fill the covariance matrixPortfolio diversification is the primary priority of the Markowitz model of shortlisting. Stocks are classified into both high-risk and low-risk investment.
Based on the Markowitz portfolio model, diversification can assist in lowering risks. The model guarantees the concurrent maximizing of overall portfolio returns. Two categories of stocks are provided to investors: low-risk, low-return stocks and high-risk.
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jerry recently was offered a position with a major accounting firm. the firm offered jerry either a signing bonus of $23,000 payable on the first day of work or a signing bonus of $26,000 payable after one year of employment. assuming that the relevant interest rate is 10%, which option should jerry choose?
Assuming that the relevant interest rate is 10% in a major accounting firm, the option to choose is the signing bonus of $26,000 payable after one year of employment.
What is accounting?Accounting, usually referred to as accounting, is the measurement, processing, and communication of financial and non-financial data regarding economic entities like firms and corporations. Accounting, sometimes referred to as the "language of business," measures the outcomes of an organization's economic actions and disseminates this data to numerous stakeholders, including investors, creditors, management, and regulators. Those who work in the accounting industry are known as accountants. Frequently used interchangeably are the words "accounting" and "financial reporting."
Financial accounting, management accounting, tax accounting, and cost accounting are some of the subfields of accounting that can be split.
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a commodity is simply something useful that enters the market and is: a. traded. b. available for purchase at a price. c. freely available and freely exchanged. d. all of the above.
A commodity is simply something useful that enters the market and is available for purchase at a price (option b).
What is a commodity?A commodity is described as a product or good that can be considered a resource or as an economic good. It is important to mention that the commodity can be interchanged with other goods that are of the same kind. Commodities are also used in the manufacture of services and goods, and can also be considered raw materials.
A commodity as economic good has value and this is why it can be purchased at a price. This means that a customer can purchase a commodity by providing the price of the commodity to the seller or producer.
It can be concluded that a commodity is simply something useful that enters the market and is available for purchase at a price (option b).
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yesterday, you purchased 5 pens and 12 folders. what if the price of pens rose by $3 and the price of folders declined by $2? with your income unchanged and prices for other goods remaining the same, what actions would you most likely take?
The consequences will be that I will purchase less quantity of pens and more quantity of folders.
In the beginning, I purchased 5 pens and 12 folders. Let's assume that the cost of Pens is $x and cost of folders is $y. Now, after price change the new cost of pens will be equal to $(x + 3) and cost of folders will be equal to $(y - 2). Now, since the income remains unchanged, the decisions will solely be based on the new costs of the items to be purchased. This is a factor of the Law of Demand. All other things - income & prices of other goods - are already determined to be equal or constant. In this case, I will purchase more of the good whose price has fallen and less of the good whose price has risen which would result in me buying more folders and lesser pens.
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producers tend to concentrate on making one product---not an entire line of related products. the end-consumer generally wants to purchase more than that one product that the producer specializes in creating. this situation is referred to as .
The correct answer is one of several products produced from a common input
Joint goods are a variety of goods produced concurrently through a single production cycle. Such commodities create homogeneous joint costs up until a split-off point, after which each component is handled independently. Only the combined items will have costs attributed to them prior to the split-off stage.
A joint product must qualify on the basis of equal economic relevance for each item. The more major product is considered to be the flagship product and the second product is referred to as a by-product if the two items are valued at dramatically different amounts.
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nominal variables are variables that are measured in:multiple choice question.employment units while real variables are measured by money.units of output while real variables are measured in prices.monetary units while real variables are measured in numerical units.numerical units while real variables are measured in monetary units.
Nominal variables are variables that are measured in: monetary units while real variables are measured in numerical units.
There are varieties of specific variable, nominal and ordinal. A nominal variable has no intrinsic ordering to its categories. as an instance, gender is a express variable having categories (male and female) with no intrinsic ordering to the types. An ordinal variable has a clear ordering.
Nominal facts is assessed with out a natural order or rank, whereas ordinal statistics has a predetermined or natural order. alternatively, numerical or quantitative facts will constantly be a variety of that can be measured.
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on january 1, year 1, an entity sold a product to a customer for $64,751 payable 36 months after delivery. the customer obtains control of the product at contract inception. the cash selling price of the product is $50,000. this price is the amount that the customer would pay upon delivery at contract inception assuming the same product is sold under otherwise identical terms and conditions. the contract includes an implicit interest rate of 9%. what amounts of revenue and interest income from this contract, if any, were recognized by the entity in year 1? revenue from customers interest income revenue from customers $50,000 interest income $14,751 revenue from customers $64,751 interest income $0 revenue from customers $54,500 interest income $0 revenue from customers $50,000 interest income $4,500
As a result, interest income is recognised in Year 1 of $4,500 ($50,000 9%).
What is interest?
The monetary fee for the privelidge of borrowing money is known as interest. Interest expense or revenue is frequently expressed in monetary terms, whereas the interest rate used to determine interest is typically expressed in annual percentage terms (APR). The amount of money received by a loan company or financial institution in exchange for lending money is referred to as interest. The amount of ownership a share holder has in a corporation, usually expressed as a percentage, is also referred to as interest. Interest is the concept of trying to compensate one party for taking a risk and foregoing the ability to use funds, while penalising another party for using someone else's funds. The person who is temporarily parting with their money is entitled to damages, and the person who is temporarily using those funds is frequently required to pay the above compensation.
The revenue recognised must reflect the cost that a customer would've have paid for the promised products or services if payment had been made in cash at the time the goods were transferred to the client (the cash selling price). Thus, $50,000 in customer revenue must be recognised on 1/1/Year 1. A significant financing component is included in the contract. This is the distinction between the $64,751 promised consideration and the $50,000 cash selling price. The effective interest method is used to recognise investment returns from the adjustment of the transaction value for the impact of the money's time value. As a result, interest income is recognised in Year 1 of $4,500 ($50,000 9%).
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which of the following events would increase the supply of tomatoes? group of answer choices the introduction of mechanized tomato pickers, which raises the cost of production. a decrease in the price of pasta products. an increase in wages for the tomato pickers. unseasonably hot, dry weather in the tomato-growing regions of the nation. a decrease in the cost of fertilizers for the tomato plants.
The correct option is d. Supply of tomatoes would increase if there is a decrease in the cost of fertilizers for the tomato plants.
A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers. Supply can be defined as the quantity offered at a particular price or, if shown on a graph, the quantity offered over a range of cost. This is directly related to the demand for an item or service at a particular price; all things being equal, the supply offered by manufacturers will increase if the price rises because all businesses aim to maximise profits. The modern economy is based on movements in supply and demand.
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Renters insurance is insurance that covers what?
A: The cost of rebuilding the home
B: The cost of the rental payments for two years.
C: The cost of replacing the home or apartment
D: The loss of a renter's possessions
Renters insurance is insurance that covers D: The loss of a renter's possessions.
What is Renters insurance?Renters insurance can be described as the form of the insurance that help in the protection of the personal property that someone has in a rented apartment.
It should be noted that this insurance is been used by the people that do use condo or home and on the long run they experience unexpected circumstances.
These circumstances can be theft, a fire or sewer backup damage however whenever this damages occur the insurance company will come around to come and inspect the damages and they will help to savage the situation, because their will be some of the charges that the person would have agreed to be paying to the insurance company which would be o some basis, for instance some of the company do accept the payment on the monthly basis, while some of the company do collect te payment on the quarter of the year.
Therefore, option D correct.
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Data hunters review large amounts of data and discover what people may be interested in. This is known as?.
Data hunters review large amounts of data and discover what people may be interested in known as big data analytics.
Data analytics is the science of analyzing crude information to create conclusions around that data. Information analytics offer assistance to commerce to optimize its execution, perform more effectively, maximize benefits, or make more strategically guided choices.
Information analysis may be a preparation of reviewing, cleansing, changing, and demonstrating information to find valuable data, advise conclusions, and support decision-making.
Prescient Analytics is fundamentally expectation-based analytics. Prescriptive Analytics works on an information set and decides what activities must be taken. Graphic Analytics analyzes the past and decides what happens and why.
Analytics is the efficient computational investigation of information or measurements. It is utilized for the disclosure, translation, and communication of important designs in information. It too involves applying information designs toward viable decision-making.
It can be profitable in zones wealthy with recorded data; analytics depends on the concurrent application of measurements, computer programming, and operations inquire about to measure execution.
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charlie corporation purchased 30,000 shares of bravo converting for $270,000 in 2016. on october 30, 2020, charlie declares a property dividend in which one share of bravo will be distributed for every ten shares of charlie outstanding. at that time, market price of bravo is $28 per share. if there are 270,000 shares of charlie outstanding, how much gain and net reduction in retained earnings charlie recognize?
In 2016, Charlie Corporation paid $270,000 for 30,000 shares in Bravo Converting. Charlie announces a property dividend on October 30, 2020, in which one share of Bravo will be distributed for every 10 shares of Charlie that are currently outstanding.
$171,000 is the gain on retained earnings.
Net decrease: $81,000
supplied data;
10,000 shares are held in total.
The cost of purchasing the shares was $90,000.
Declared property dividend equals one share for every ten shares.
thus,
for 90,000 Shares Outstanding declared dividend on property
= 9,000
$28 is the market price per share.
90000 outstanding shares
In 2016, Charlie Corporation paid $270,000 for 30,000 shares in Bravo Converting. Charlie announces a property dividend on October 30, 2020, in which one share of Bravo will be distributed for every 10 shares of Charlie that are currently outstanding.
Now,
Retained earnings increase
Declared property dividend = (Market price per share - Purchasing price per share)
= ( $28 - ) × 9,000
= 171,000
and,
Net decrease equals market price - Gain
= $28 × 9,000 - $171,000
= $81,000
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a detailed plan used by a merchandising company that shows the amount of goods that must be purchased from suppliers during the period is called a(n) budget
Merchandise Purchases Budget is a detailed plan used by a merchandising company. The budgeted sales and the intended ending inventory may be added together, and the initial inventory can be subtracted to get this answer.
What is Merchandise Purchases Budget ?The process of creating a budget for a service or merchandising company is comparable to that used by manufacturers. A service or retail business won't have a budget for manufacturing or direct materials, and it's possible that it won't have one for direct labour or overhead.
The main distinction is that even when we don't have a budget for production or material purchases, we still need to know how much inventory we should acquire for a merchandiser.
The quantity of goods that a business must acquire during each budgetary period is specified in a procurement budget. The amount specified in the budget is the amount required to guarantee that there is enough inventory on hand to fulfil product requests from customers.
The budget for purchasing might be as straightforward as just matching the precise number of units anticipated to be sold within the budget period. However, there are a few extra factors to take into account that could make the budget for purchases much more difficult.
Purchasing merchandise from producers to sell on their behalf is a crucial aspect of retail management that entails retailers finding the products they need.
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your late aunt gertrude left you a couple of shares of microsoft in her will, which she bought for you on the day you were born. recently, there have been rumors of microsoft acquiring a well-known social media app which you frequently use. you think this is a great idea and would like to have your (very small) voice be heard as a shareholder of microsoft.must microsoft get the approval of you, and other shareholders, before acquiring the other company?
In my opinion, The company doesn't need approval from him, because when you invested your money in the company that means you approve that they managed it. So, people who conduct and have a right to approval about acquiring the other company are all members at Microsoft who has the responsibility to do it.
An acquisition can be described as process when one company purchases most or all of another company's shares to gain control of that company. Purchasing more than 50% of a target firm's stock and other assets allows the acquirer to make decisions about the newly acquired assets without the approval of the company's other shareholders.
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a broker received referrals from a neighbor of his, and paid him $100 for each referral that resulted in a sale. which is true regarding this situation?
The broker received referrals from a neighbor of his and paid him $100 for each referral that resulted in a sale. No commission is true regarding this situation.
What do you mean by broker?
A broker is a person or company who arranges deals between a buyer and a seller in exchange for a commission after the transaction is completed. A broker who also acts as a seller or buyer is considered a principal party in the transaction. Neither job should be confused with an agent, who acts on behalf of a principal party in a transaction. Brokers can provide market research and statistics. Brokers can represent either the buyer or the seller, but not both at the same time. Brokers are expected to have the tools and resources necessary to reach the greatest number of buyers and sellers.
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client-side marketing researchers who are planning to conduct research on behalf of their own companies are often required to submit proposals prior to conducting research. true false
Client-side marketing researchers are frequently obliged to submit proposals before beginning research if they intend to carry out studies on behalf of their own companies is True
Explain about the Market research proposal?
The purpose of a market research proposal is to offer your services to potential clients by outlining the benefits of working with you on their project or research study.
Making crucial business decisions, obtaining investments and funding, identifying new company prospects, and even preventing business disasters are some of the broad objectives that market research may assist firms in achieving.
In roughly 3-5 pages, the proposal should cover the problem statement, objectives, research methodology, research activities, and a timetable. Here is a sample proposal that you can use as a guide. Every building project is different from the next, and each one has its own operating environment and set of technical specifications.
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xian manufacturing produces a unique valve, and has the capacity to produce 50,000 valves annually. currently xian produces 40,000 valves and is thinking about increasing production to 45,000 valves next year. what is the most likely behavior of total manufacturing costs and unit manufacturing costs given this change?
Since the company does have the ability to manufacture 50,000 valves, increasing supply from 40,000 to 45,000 will result in an increase in overall manufacturing costs, which will lower manufacturing costs per unit.
What is manufacturing?
Manufacturing is the process of creating or producing goods with the aid of resources such as machinery, labour, tools, chemicals, or biological formulations. It is the core of the economy's secondary sector. The phrase can be used to describe a variety of human endeavours, from handicraft to elevated, but it is most frequently used to describe industrial design, which entails the massive transformation of raw materials from of the primary sector into finished goods. Such products may be distributed through the tertiary industry to end users and consumers, sold to other manufacturers for the creation of other, more complex products (like aircraft, home appliances, furniture, sports equipment, or automobiles), or both .
Therefore, the correct option is (B) Total manufacturing cost will increase and unit manufacturing cost will decrease.
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john smedley, a careful maximizer of utility, consumes only two goods, peanut butter and ice cream. he had just achieved the utility-maximizing solution in his consumption of the two goods when the price of ice cream fell. as he adjusts to this event, he will consume:
As he adjusts to this event, he will consume more peanut butter and less broccoli.
Consumption is an activity that aims to reduce or spend the use value of goods/services to meet needs or direct satisfaction. Those who carry out consumption activities are called consumers. It is these consumers who use goods/services either for their own use or for the benefit of people or other living things that are not for resale.
Consumption has several important functions and roles in economic activity, including the following.
Fulfillment of Human DesiresEconomic ActivitiesSupport Production ActivitiesAnalyzing Individual BehaviorFormulation of the State's EconomyIncome and Employment TheoryYou can learn more about Consumption here brainly.com/question/14933604
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the haircut for gbp and eur is 6%, while the haircut for zar and brl is 20%. there is no haircut for usd positions. what is the total haircut in usd on the positions in the accompanying spreadsheet?
Global strategic planning is the process of developing a multinational organization's strategic plan by examining its internal and external environments.
What is global business plan?The global business plan serves as a strategic guide on which the organization relies to make key business decisions as it enters an international market. Key stakeholders and investors use the global business plan to guide their investment decisions. Other global corporations include Hilton and Hyatt Hotels, Adobe, Cisco, 3M, Monsanto, and American Express. These businesses range from hospitality to technology and manufacturing. This demonstrates the existence of various types of global corporations. Include a definition of the nature and scope of your business, as well as the product or service you offer, in your global business plan. Outline the geographic area you've chosen and explain why it's a good fit for your company.To learn more about global business plan, refer to:
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after meeting with the borrowers to complete a loan application, you return to your office and order a tri-merge credit report. now that you have a credit report, what loan disclosure must you now prepare and mail (or give) to them?
The application given is known as Notice to Home Loan Applicant
"In connection with your application for a house loan, the lender must disclose to you the score that a consumer reporting agency gave to users and the lender utilised in connection with your home loan, and the important variables affecting your credit scores." says the notice to the home loan applicant.What is the credit disclosure form for applicants?
In a nutshell, this disclosure contains information on the applicant's credit score, the range of potential scores, significant factors that negatively impacted the applicant's credit score, the date the score was delivered, and the name of the person or organisation that gave the score.
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deca electronics company produces two products, resistors and transistors in a small manufacturing plant which had total manufacturing overhead of $42,000 in june and used 300 direct labor hours. the factory has two departments, design, which incurred $20,000 of manufacturing overhead, and production which incurred $22,000 of manufacturing overhead. design used 200 hours of direct labor and production used 80 machine hours. during june, 150 direct labor hours were used in making 100 units of resistors, and 150 direct labor hours were used in making 100 units of transmitters. if deca electronics company uses a plantwide rate based on direct labor hours to assign manufacturing costs to products, the total manufacturing overhead assigned to each unit of resistors and transistors in june were:
If deca electronics company produces two products, resistors and transistors in a small manufacturing plant which had total manufacturing overhead of $42,000 in june and used 300 direct labor hours. The total manufacturing overhead assigned to each unit of resistors and transistors in june were: $210 for Resistors and $210 for Transistors.
Total manufacturing overhead assigned to each unitFirst step is to calculate the overhead rate
Overhead rate = $42, 000 / 300 direct labor hours
Overhead rate = $140
Second step is to calculate the manufacturing overhead per unit
Resistors:
Manufacturing overhead per unit = 150 direct labor hours x $140 = $21,000 / 100 units
Manufacturing overhead per unit= $210 MOH per unit
Transistors:
Manufacturing overhead per unit = 150 direct labor hours x $140 = $21,000 / 100 units
Manufacturing overhead per unit = $210 MOH per unit
Therefore we can conclude that the resistor has the amount of $210 and transistors has the amount of $210 as the manufacturing overhead.
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the profit for a production process is equal to $2,000 minus two times the number of units produced. the mean and variance for the number of units produced are 500 and 900, respectively. find the mean and variance of the profits.
Variance of profit is $3600.
mean variance is $ 360
Let X denote the number of units produce then E(X)=50 abd Var(X)=90
Let Y denote the profit the Y=1000-2*X
So, mean profit =E(Y)=E(1000-2*X)=1000-2*E(X)=1000-2*50=900
Variance of profit =Var(Y)=Var(1000-2*X)=4*Var(X)=4*90=360
Let X denote the number of units produce then E(X)=500 abd Var(X)=900
Let Y denote the profit the Y=2000-2*X
So, mean profit =E(Y)=E(2000-2*X)=2000-2*E(X)=2000-2*500=1000
Variance of profit =Var(Y)=Var(2000-2*X)=4*Var(X)=4*900=3600
Profit variance is the distinction between the real income skilled and the budgeted income degree.
A variance is the distinction between real and budgeted income and expenditure.
To calculate gross earnings variance, you'll subtract your projected gross benefit from your actual gross profit, which equals periodic sales minus costs of goods bought. For working variance, subtract projected working profit from actual running profit, which equals revenue minus all COGS and running prices.
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if you believe you have a 50% chance of doubling your money, a 30% chance of gaining 12%, and a 20% chance of losing your entire investment, what is your expected return?
ROI is calculated by dividing the new number by the investment's cost, then multiplying it by 100, then subtracting the investment's initial cost from its final value.
You can do this by dividing the likelihood of a given outcome by the number of possible outcomes, and then adding the results, as shown in the formula below: Since the investment market is extremely volatile, expected return is just one of many possible returns. It is equal to (Return A x probability A) + (Return B x probability B).
What is the anticipated gain?An investor's expectation of a profit or loss on an investment with known historical rates of return (RoR) is called the expected return.It is calculated by adding up all of the possible outcomes and multiplying them by how likely they are to happen.
Understanding Expected ReturnThe Black-Scholes options pricing model and modern portfolio theory (MPT) are two well-known models that make use of expected return calculations, which are an essential component of both business operations and financial theory. The expected return, for instance, would be 5% if an investment had a 50% chance of gaining 20% and a 50% chance of losing 10%.
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which case overturned fec regulations that restricted how nonprofits could take in and distribute funds to advance their preferred candidates and policies?
The case overturned fec regulations that restricted how nonprofits could take in and distribute funds to advance their preferred candidates and policies is the Buckley v. Valeo case.
What was the case that overturned fec regulations that restricted how nonprofits could take in ?One of the case case that overturned fec regulations that restricted how nonprofits could take in is that of the Buckley v. Valeo.
It should be noted that this case serve as one of the the landmark case which make the constitutionality of the Federal Election Campaign Act to be concern much about it and made them to react.
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what is a characteristic of a monopoly's demand curve? it is the same as the marginal revenue curve it is the same as the market demand curve it is the same as the supply curve it is more elastic than the demand curve of a competitive firm g
It is the same as the market demand curve is a characteristic of a monopoly's demand curve.
The demand curve is a graphical illustration of the connection between the price of a great or service and the quantity demanded for a given time frame. In a normal illustration, the fee will appear on the left vertical axis, the amount demanded on the horizontal axis.
As the price of some thing decreases, customers are inclined to buy more. accordingly, because the price falls at the vertical axis, the quantity demanded may additionally increase and create a demand curve that bends downward and to the right along the horizontal axis.
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which of the following consumer products contain radioactive substances? radio luminescent paints and signs, mantles of camping lanterns, and smoke detectors colorful ceramic glazes, potassium-based salt substitutes, and mantles of camping lanterns dentures, tobacco products, and potassium-based salt substitutes ionization-type, dentures, and radio luminescent paints and signs
Radio-luminescent paints and signage, lantern mantles, vibrant ceramic glazes, and potassium-based salt alternatives are a few examples of items that contain radioactive substances.
An unstable radioactive material emits harmful radiation types. It is radioactive substances unstable because the electric force that seeks to separate the atom's nucleus from the rest of the atom is stronger than signage the strong nuclear force holding it together. The atoms will transform into more stable ones as a result of its instability.
Radioactivity can also be thought of in terms of energy. A radioactive atom radioactive substances contains more energy than it requires. When something has more energy than it requires, it will eventually lose signage that energy since the universe's energy tends to disperse. Energy in the universe cannot be generated or destroyed, therefore when a radioactive atom loses its excess energy through decay, it must go somewhere.
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if at optimum output of 1,000 units, the firm is incurring average variable cost per unit of $3, average fixed cost per unit of $1.50, and selling its output at $7 per unit, total profit is
If at optimum output of 1,000 units, the Total Profit is $2500
This is calculated with the following method:
Sales (1000 units x $7) = $7000
less: Variable cost (1000 units x $3) = $3000
Contribution ⇒$4000
less: Fixed Cost (1000 units x $1.50) = $1500
Profit ⇒$2500
Alternative methodSelling Price = $7
less: Variable Cost =$3
Contribution =$4
less: Fixed Cost =$1.50
Contribution Margin =$2.50
Therefore, Profit = Contribution Margin x output
= $2.50 x 1000 units
=$2500
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How often do loans involve risk
A: Never
B: Always
C: Sometimes
D: Frequently
Loans are known to involve risk all of the time that money is to be lend out. Option B
What is a loan?This is the term that is used to refer to the amount of money that is given to a person that is to act as a lender with the hope that the money is to be returned in a later date which is agreed by the parties that are involved and that the person may have to pay an interest rate on the amount that hey have been lent.
The loans that a person receives is one that is knwon to come with a risk. This is the reason why the loans are sometimes given after the borrower has agreed to a collateral that would suit the person that is lending.
The goal is that the person would receive the collateral that they have used to obtain the loan after they have paid off the loan back to the person that they borrowed it from.
Hence from the explanation that we have here, we can agree that the loan is known to always come with its risks.
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a competitive firm group of answer choices is large enough relative to the market to be taken into account by competitors. is a price taker. has the market power to compete effectively. confronts a downward-sloping firm demand curve.
In a market, a competitive firm is one that:1) The market has a lot of buyers and sellers; (2) The items that are offered by various sellers are largely identical;(3) In most cases, businesses are free to enter or exit the market.
In a competitive industry, why does a company charge the market price?
The reason for this is that firms that are highly competitive lack market power. Each company in the market must charge a price that is no higher than that of its competitors in order to sell its product because firms produce a commodity product that is identical to that of their competitors.
An ideal market is one in which there are no barriers to entry, no possibility of a monopoly, and many buyers and sellers who are well-informed. One of the ten characteristics of a competitive market is profit, decreasing supply, competition, and exclusion.
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