The design for the new electric car had been approved by the board and production was underway, but the VP of Manufacturing was nervous about the rate of defective parts from suppliers. See the screenshot below. What function can be used to summarize the number of defects by subassembly name by month in the cells G3 LB? Assume the three columns of the dataset have been named Subassembly Name, Month and Defects. D G 1 jan Feb March April May une Subably Name Master Cylinder Master Cylinder Wheb Master Cylinder LED Army LED bly Month May Feb March an une March Defects 22 14 90 45 23 87 Master Cylinder Wheel Hub LED Assembly Air Cockpit Monitor Locking June Cockpit Monitor May 38 29 33 71 14 Masterinde March une Marc Fe ht 1 Cockpit Lic Maler de 61 45 23 5 Mars 40 12 TE GESUBTOTAL(9 Defects Month GS2 Subassembly Name SF3) H lan Feb March April mer June blom 2 Master Minder Master Cylinder Wheel Hub Master Cylinder 6 LED Asembly LED Assembly Nrba 9 Airbag 10 Cockpit Monitor 11 Airbus 12 Master Cylinder Month May Feb March Jan June March Defects 22 14 90 45 23 87 SS 38 29 33 71 Merder Wheel LED Asembly Art Cockpit Monitor Locking June April May June March June March Feb Feb June March Feb Eeb und April 15 Airbag It Cockpit Monitor 1+ locking System T Master Cylinder 19 Locking System 20 Lacking System 1 LED bly Locking System Cockpit Monitor Locking System Arbag Wheel HD GH 45 23 81 40 125 43 76 March 58 41 =SUBTOTAL(9, Defects, Month G$2 Subassembly Name SF3) -SUMIF(Month=G$2 Subassembly Name=SF3 Defects) =SUMIFS(Defects Month G$2 Subassembly_Name SF3) =AUTOSUM (Defects Month=G$2 Subassembly Name=$F3)
The design for the new electric car had been approved by the board.The function can be used to summarize by month in the cells G3 LB =SUMIFS(Defects, Month, G$2, Subassembly_Name, $F3).
Option C is correct.
SUMIFS function:A function called SUMIFS is used to sum cells that meet multiple criteria. When dates, numbers, and text-based criteria are met by adjacent cells, SUMIFS can be used to sum the values. The SUMIFS function is the most suitable one to use because defects contain numerical values while subassembly names and months contain characters.
The numerical data set, not the textual dataset, is summarized using the subtotal and autosum functions. The total number of cells that satisfy a single condition is returned by Excel's SUMIF function.
How is a Sumifs formula written?The SUMIFS function is a pre-made Excel function that uses one or more true or false conditions to determine the sum of a range. It is written as =SUMIFS: =SUMIFS(sum_range, criterion_range1, criterion_range1, [criterion_range2, criterion 2])
Question is incomplete . Missing options are below:
The design for the new electric car had been approved by the board and production was underway, but the VP of Manufacturing was nervous about the rate of defective parts from suppliers. See the screenshot below. What function can be used to summarize the number of defects by subassembly name by month in the cells G3 LB? Assume the three columns of the dataset have been named Subassembly Name, Month and Defects. D G 1 jan Feb March April May une Subably Name Master Cylinder Master Cylinder Wheb Master Cylinder LED Army LED bly Month May Feb March an une March Defects 22 14 90 45 23 87 Master Cylinder Wheel Hub LED Assembly Air Cockpit Monitor Locking June Cockpit Monitor May 38 29 33 71 14 Masterinde March une Marc Fe ht 1 Cockpit Lic Maler de 61 45 23 5 Mars 40 12 TE GETSUBTOTAL(9 Defects Month GS2 Subassembly Name SF3) H lan Feb March April mer June blom 2 Master Minder Master Cylinder Wheel Hub Master Cylinder 6 LED Assembly LED Assembly Nrba 9 Airbag 10 Cockpit Monitor 11 Airbus 12 Master Cylinder Month May Feb March Jan June March Defects 22 14 90 45 23 87 SS 38 29 33 71 Merder Wheel LED Assembly Art Cockpit Monitor Locking June April May June March June March Feb Feb June March Feb Eeb und April 15 Airbagit Cockpit Monitor 1+ locking System T Master Cylinder 19 Locking System 20 Lacking System 1 LED bly Locking System Cockpit Monitor Locking System Airbag Wheel HD GH 45 23 81 40 125 43 76 March 58 41
Option are given below:
A. =SUBTOTAL(9, Defects, Month G$2 Subassembly Name SF3)
B. = SUMIF(Month=G$2 Subassembly Name=SF3 Defects)
C. =SUMIFS(Defects Month G$2 Subassembly_Name SF3)
D. =AUTOSUM (Defects Month=G$2 Subassembly Name=$F3)
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If the monopolist has total fixed costs of $40 and a constant marginal cost of $5, how much profit can the firm earn at the profit-maximizing level of output
Given as $5, the marginal cost corresponds to the marginal revenue for 23 units of output and the price level of $7.
How do you determine the profit-maximizing level of output?The profit maximization output level is MR = MC.
The firm's total fixed costs are $40
The constant marginal cost is $5.
The profit can be calculated as (P-MC)*Q - TC
where P is the price, MC is the marginal cost, Q is the output and TC is the total cost.
What would be the monopolist's income at the output level when profits are maximized?The same profit-maximizing criterion that what a perfectly competitive company uses to calculate its optimum level of output is used to find the monopolist's profit-maximizing level of output by equating its marginal income with its marginal cost.
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What are the benefits of scarcity?
The concept given here is Scarcity. It is a situation in which something is not easy to find or get and has many benefits.
Scarcity is so fundamental in economics that scarce goods are also referred to as economic goods. In economics, scarce goods are goods for which demand would exceed supply at zero price.
Undersupply is important in understanding how goods and services are valued. Rare items like gold, diamonds, or certain types of knowledge are more valuable because they are rare because sellers of these goods and services can charge higher prices.
Undersupply is one of the most important factors affecting supply and demand. The scarcity of goods plays an important role in influencing competition in any price-based market.
Because rare goods tend to be more in demand, they also have higher prices. It can limit consumers' choices.
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Why would intellectual property theft fit the mission of private technology security and possibly be more applicable than it is to law enforcement
Theft of intellectual property is a non-violent crime, usually for business and economic reasons.
Law enforcement aims to facilitate physical harm and solve well-represented and large-scale violent crimes. Intellectual property theft does not fit this type of crime. Because it is essentially a non-violent corporate-related crime that causes financial harm but does not encourage physical and widespread harm. In this case, this type of crime is best tackled by civilian security and technology missions.
Sharing his IP document data through insecure services and messengers. Set broad access rights to cloud-based documents containing sensitive data. Ignoring the organization's cybersecurity policies when setting passwords, accessing corporate networks, etc.
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A buy limit order for 200 shares of XYZ is entered on the designated market maker's book at 21. XYZ trades ex-dividend after the order is entered. The dividend is $1.32. The order will now appear on the designated market maker's book at what price?
[A] $19.50
[B] $19.68
[C] $19.75
[D] $22.32
XYZ trades ex-dividend following the entry of the order that designated market manufacturer's book will now show the order at $19.68.
Why has trading been halted?There are a variety of causes for suspended trading, including: absence of up-to-date, accurate, or sufficient information about a corporation, as in the case of late filing for periodic reports. There are concerns over the veracity of publicly available material, especially the information in recently released news releases.
What significance do dividends have?Stocks that pay dividends give investors a method to get paid during uncertain market times when capital gains are challenging to realise. They might offer some protection from inflation, particularly if they continue to expand over time. A reporting organization should credit dividends payable on the declaration date and debit retained earnings (or any other suitable capital account from which the dividend will be paid) to record a dividend.
As a result of the dividend of $1.32, the maximum price of 21 will be changed to $19.68 (21 less $1.32).
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The huge increase in global trade has helped U.S. and Canadian economies, but has hurt many American and Canadian workers. Why
Canada is the top foreign provider of natural gas and crude oil to the United States, accounting for 25% of all oil imports. In summary, this energy partnership has improved American energy security and given Canada a consistent market for its energy exports.
As a result of trade's encouragement of specialization, innovation, and large-scale growth to serve international markets, enterprises become more productive, which raises worker pay and boosts Canada's economy. The eventual outcome is a rise in living standards.
By cutting import costs and maintaining low prices for imports' alternatives, trade liberalization benefits the poor in the same manner it benefits the majority of other people. This increases people's real incomes.
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A TV ad for a soft drink falls under the category of _____ advertising.
A) farm
B) corporate
C) consumer
D) professional
E) business
TV advertising for soft drinks falls into the category of consumer advertising. Consumer advertising is aimed at people buying products for themselves or others.
What is the importance of consumer advertising?Consumer advertising promote activities, products or services and encourage people to purchase. Example: Laundry detergents are primarily marketed through consumer advertising to drive brand loyalty and pre-market products.
What is Online Advertising?Online advertising, also known as online marketing, Internet advertising, digital advertising, or web advertising, is a form of marketing and advertising that uses the Internet to promote products and services and target audiences and users of the platform.
What are types of advertising?Social media promotion. Paid search engine advertising. print advertising. broadcast advertising. outdoor advertising. mobile advertising. Direct mail promotion.
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Boeing's lobbying in support of the FAA. Reauthorization Act of 2018 reflects which approach to resolving ethical dilemmas? Multiple Choice O utilitarian moral-rights individual equity justice B
The reauthorization Act of 2018 takes a unique way to addressing the moral conundrums raised by Boeing's lobbying on behalf of the FAA, making Option C the correct choice.
What is FAA Reauthorization Act?In accordance with the "Principles for the Ethical Conduct of Lobbying" published by the Woodstock Center at Georgetown, lobbying is the deliberate effort to sway political outcomes on behalf of another person, group, or organization by making various forms of advocacy claims to decision-makers.
The 2018 Act, which was a complete package of renewal, offered the FAA a number of key new powers and responsibilities on a variety of aviation issues, including bolstering safety, improving infrastructure, and encouraging innovation (Boeing lobbying).
Ethics problems in relation to lobbying frequently arise when legislators and lobbyists take acts that compromise the fairness and transparency of the legislative process and do not serve the greater good.
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A 7% convertible debenture is selling at 101. It is convertible into the common stock of the same corporation at $25. The common stock is currently trading at $23. If the stock were trading at parity with the debenture, the price of the stock would be A) $43.91. B) $25.25. C) $40.00. D) $25.00.
If the stock were trading at parity with the debenture, the price of the stock would be $25.25.
What exactly does the conversion price include?The conversion price is the cost per share to convert a convertible asset into a common stock such as a stock, Debentures or preferred stock. Calculating the conversion rate of a convertible security determines the conversion price. The bond contract or securities prospectus determines the exchange ratio.
To get parity prices for commons:
$1,000 / $25
= 40 shares
To discover the number of shares the debenture is convertible into (conversion ratio).
Common stock's parity price:
1,010 / 40
= $25.25
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Who participates in a mixed economy?
In the mixed mixed economic system, the private sector, the public sector, and the joint sector coexist side by side. Both the government and private companies share responsibility for each division's tasks. 51% of the total capital is owned exclusively by the state.
Describe the private sector.
The private sector refers to the area of an economy that is run by people and companies as opposed to a government agency. The bulk of private sector companies are run with the intention of producing money.
The area of the economy that is under the control of the government is known as the public sector. Charities, non-governmental organisations (NGOs), and nonprofits make up a third of the economy.
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Trudy and Uri enter into a contract for the purchase and sale of Trudy's house for which Uri agrees to pay her $400,000. Afterward, Uni wants to transfer his right of ownership to Vai, his sister. This transfer a: is illegal b: can be oral or written e can be implied d: must be in writing
Option D is correct. The transfer of ownership must be in writing. The law does not prohibit transferring the rights of ownership to sister. So Uri can transfer rights but it should be in writing.
What is Transfer of ownership?Being an owner entails having control over and ownership of a piece of property. An owner shall be granted the right of possession, the right to use the property, the right of way, the right to transfer it, and the right to receive rent from it.
An owner can transfer their property by selling it or giving it as a gift. A sale deed or any other document through which ownership rights are transferred is a document that proves a person is the owner of a piece of property. Only once a sale deed is executed and registered in the buyer's favor can property rights be transferred.
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There never are sales on corn in Alaska. A massive shipment of corn arrived in Alaska this month. Which of the following is true
The Correct answer is Corn prices in Alaska have remained level. The statement tests the Verbal Logical ability.
What is a Verbal Logic Test?Short verbal puzzles called "verbal logic" questions may have a little numerical component. A person's capacity for deriving meaning from complicated data as well as their capacity for logical and analytical thought are evaluated.
What questions can we expect?Verbal logic tests come in many different forms. The queries may be straightforward or difficult. Verbal Logic Test according to the given Statement Don't make any more assumptions than your data allows you to. According to your statistics, corn is never sold in Alaska. You must accept this as true (at least for this issue) and refrain from introducing any other information that you may hold to be true, regardless of whether it is supported by sound knowledge of economic principles or common sense. The only thing that can be "concluded" isn't really a conclusion: Alaskan corn prices remain unchanged. (Keep in mind: They are never for sale.)
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For tax reasons, your client wishes to purchase an annuity that pays $90,000 each year for 9 years, with the first payment in one year. At an interest rate of 7% and focusing on time value of money without consideration of any fees, how much would the client need to invest now
$428988 is the amount that ought to be invested right now. Even if you don't know what your objectives are, you can get a head start by investing now to take advantage of compound growth.
How much should you put into investments?Mark Henry, Alloy Wealth Management's founder and CEO, states, "Ideally, you'll invest somewhere around 15%–25% of your post-tax income." That's fine if you need to start small and work your way up to that goal. The fact that you actually begin is crucial.
The following is a calculation of the amount that ought to be invested right now:
= Payment made every year - (1 - (1 + rate of interest)-number of years) - rate of interest
= $90,000 - [1 - (1 + 7%)-6] - 7% = $428988;
consequently, the amount that ought to be invested right now is $428988.
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what are the three reporting agencies that provide free credit reports to consumers?
Equifax, TransUnion, and Experian are the three credit reporting organizations that offer free credit reports to consumers.
What purposes do credit card reports serve?A lender's decision to grant you credit or approve a loan is influenced by your credit report. Additionally, the reports influence the interest rate they will impose on you. Renters, insurers, and employers may also check your credit report. When a lender or employer checks your credit, you won't know which credit report is being used.
Information for your credit reports is gathered and kept up to date by credit reporting agencies (CRAs). Since each CRA keeps its own records, it's possible that some of your accounts may not be covered by their records. No organization is more significant than the others, notwithstanding discrepancies in their reports. Moreover, each agency's information
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The Static Theory of Capital Structure suggests employing debt to the point that its cost equals the cost of
The Static Theory of Capital Structure suggests employing debt to the point that its cost equals the cost of the increased probability of bankruptcy
The expected near-100% debt mix for enterprises was predicted by Modigliani and Miller's work in a tax-based framework, but the actual borrowing mix of businesses is much lower than that. In reality, across a variety of organizations, the debt-to-equity ratio is typically closer to 50/50. Why wouldn't companies Capital Structure want to finance all of their debt via leverage? The answer is, in a word, bankruptcy. We find that if risk is taken into account in the model, the tax shield cannot fully benefit the equity holder. When a company adds debt to its financing mix, equity owners benefit from the interest tax shield, but they also assume the risk of the company's potential failure.
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Suppose Torche Corporation has the following revenue and expenses for 2020: Revenues of $9,100,000 Cost of Goods Sold of $2,730,000 Depreciation Expenses of $500,000 Income Taxes of $1,672,000 Interest Expenses of $180,000 Other Expenses of $600,000 Sales, General, & Administrative Expenses of $910,000 Create an income statement with amounts in thousands What is the value of Gross Income? Note: Revenue and expense amounts are provided in dollars but the income statement units are thousands of dollars_ Please specify your answer in the same units as the income statement (i.e-, enter the number from your completed income statement)
The value of Gross Income is $6,370,000 which is calculated by subtracting the cost of goods sold from the revenue.
How do you prepare the income statement?The Income statement would be:
Revenues: $9,100,000
Cost of Goods Sold: $2,730,000
Gross Income: $6,370,000
Depreciation Expenses: $500,000
Sales, General, & Administrative Expenses: $910,000
Other Expenses: $600,000
Operating Income: $4,360,000
Interest Expenses: $180,000
Income before Taxes: $4,180,000
Income Taxes: $1,672,000
Net Income: $2,508,000
The value of Gross Income is $6,370,000 which is calculated by subtracting the cost of goods sold from the revenue.
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You are considering an investment in a tax-exempted bond that has a yield of 4%. Your tax rate is 25%. What is the equivalent yield for a regular equivalent taxable bond
Consider a scenario in which your marginal tax rate is 25% and you are considering a 4% yielding tax-free bond. Your tax-equivalent yield under these circumstances would be 5.33%.
What is the formula for equal taxable yield?Tax-free bond yield / (1 - marginal tax rate) = Tax-equivalent yield is the formula for calculating the yield of a tax-exempt bond divided by one less the investor's marginal tax rate.
What is the yield in tax-exempt dollars?The return that a taxable bond would need to earn in order to match the yield on a comparable tax-exempt municipal bond is known as the tax-equivalent yield. Investors can use the computation to contrast the returns of tax-free investments versus alternatives that are subject to taxes. The related marginal tax rate only applies to income that falls within a certain bracket. Apply the percentage of tax due to the amount of income in each bracket in accordance with your filing status, then sum the totals to determine your marginal tax rate.
[tex]Tax equivalent yield= \frac{Tax free rate}{1-tax rate} = \frac{4}{1-25} = 5.33%[/tex]
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"A team of people are in charge of hiring at a large multinational company. They hold a meeting to discuss whether they want to hire Luis for a new position. He has a great deal of relevant work experience and would most likely be a good fit for the position. According to research on schemas, who is most likely to notice and bring up Luis' volunteer experience at the bottom of his resume
The person most likely to notice and bring up Luis' volunteer experience at the bottom of his resume is the team member with the schema for volunteerism.
What is volunteer?
Volunteering is a great way to give back to the community and help those in need. It is also a great way to gain valuable skills, meet new people, and make a positive impact on the world. Volunteering can take many forms, such as helping out at local charities and non-profit organizations, providing care for the elderly or disabled, participating in community events, or even helping out at an animal shelter. It can also include volunteering for a cause or organization you are passionate about. No matter how you choose to volunteer, it is an incredible way to make a difference and give back to the world.
This person is likely to recognize the value and importance of volunteerism, and thus be more likely to pay attention to it. The other team members may overlook the experience as they may not have the same schema.
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Discuss the benefits and problems of capitalism and socialism, and evaluate which system provides the greater overall benefit to society. Read More >> StylesNormal
Capitalism affords profitable freedom, consumer choice, and profitable growth. Illiberalism, a frugality controlled by the central state, provides for lesser social weal and decreases business fluctuations.
Socialism, a frugality controlled by the state and planned by a central planning authority, provides for a lesser social weal and decreases business oscillations. According to the socialistic system, each person is guaranteed access to introductory goods, indeed those who aren't suitable to contribute.
As a result, capitalism helps to minimize poverty situations in society. In a commercial frugality, the country grows and thunderclaps briskly. Further, investors come to invest in businesses. Businesses are also under no pressure to fulfill every demand of consumers.
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the rate of production needed to meet customer demand yet avoid overproduction is known as
The rate of production needed to meet customer demand yet avoid overproduction is known as Takt Period.
Consumer demand is a monetary indicator of a group's desire for a product or service based on its availability. It represents consumer purchasing habits and aids in determining purchasing trends of specific populations. The fundamental assumption in free market theory is consumer sovereignty, with consumer demand dominating the market. There would be no sales, no sales revenue, and no profit if there was no demand. Negative demand, no demand, latent demand, falling demand, irregular demand, full demand, overfull demand, and unwholesome demand are the eight types of demand. Demand theory describes how changes in the quantity demanded by consumers affect the market price of a good or service. According to the theory, the higher the price of a product, the higher its demand.To know more about customer demand here
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Suppose after the semester ends, you take a trip to an Island of Vieques. Upon arriving at the island, you make a stop at one of the markets and notice that everyone is carrying around jars full of cowry shells. You also notice the person in line in front of you just paid for a twelve-pack old Milwaukee beer with 8 cowry shells. Someone else just bought a Whopper Pizza Combo for 6 cowry shells. Thinking back to your economics class (as painful as that may be), you would conclude that
a) this is a barter economy.
b) those cowry shells are serving as money.
c) cowry shells are valueless.
d) cowry shells soup is a delicacy.
Economic sanctions are often precursors to which of the following?
War
O Trade sanctions
O Trade embargoes
) Further sanctions
Answer:
The answer should be O Trade sanctions
Mass marketing is more cost effective than market segmentation.
True
False
Answer:
True
Explanation:
Its true that - Mass marketing is more cost effective than market segmentation.
Mass Marketing refers to using marketing mix (same aspects) for entire public. It covers people irrespective of - whether they can be potential customers (or not), & - their personalised taste & preferences. It just attempts to broadcast the message to maximum people possible.
Market Segmentation refers to classifying business market, potential customers into smaller groups of customers - based on certain similarities or dissimilarities. It then targets potential customers in a more personalised way.
So, Mass Marketing doesn't require this much intense customers' personalised research (as market segmentation). Hence, it is likely to be more cost effective. However, market segmentation is likely to yield higher conversion rates, due to modern marketing touch.
If there is a fall in the interest rate, _____. the unemployment rate will most likely rise there will be a downturn in the economy businesses will be more likely to expand their facilities
If there is a fall in the interest rate, recession. the unemployment rate will most likely rise there will be a downturn in the economy businesses will be more likely to expand their facilities.
If workers stop seeking for job as the labour market deteriorates, the unemployment rate may actually go down; conversely, as the labour market recovers, unemployment may go up as more people join the labour force and resume economy for work. The Phillips Curve, as it is known, has been used to formalise this. The Phillips Curve states that when unemployment is lower, people spend more, which puts more pressure on pricing.
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Denise's team has started a group writing project. As the team gathered information and began drafting initial findings and conclusions, it found that its earlier plans and decisions were not accurate. What should the team do
Team should take that action. It ought to review its initial strategies and make the required adjustments.
What are the top three factors that influence the outcome of a team project?The team's ability to collaborate effectively is key to completing projects. The qualities of commitment, contribution, effective communication, and cooperation are those that promote success. The advantages of cooperation include greater communication, improved ownership of solutions, improved integration, and improved solutions to high-quality challenges.
Which of the following traits does not describe a productive work group?Members of an effective group collaborate with one another rather than working on their own; they work as a team or group. Independent or solitary work is not a trait of a productive group, therefore.
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what hint does captain beatty say he sent to montag that he must not have picked up on?
Captain Beatty tells Montag that he had sent him a hint not to become so invested in books.
He says he had suggested Montag go out and do something else, but Montag has not taken the hint. Beatty claims he had been sending him messages through the other firemen that were meant to be warnings. Beatty believes Montag has been oblivious to the messages he has been sending, as he is focused on his interest in books.
Beatty suggests that because of Montag's lack of attention, he failed to realize that he was being warned away from books. Beatty believes Montag’s curiosity has made him blind to the dangers of reading books, and that this is why he has not picked up on the hints he has been sending him.
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in the united states today, money includes ______.
A) currency only.
B) deposits at banks only.
C) coins only.
D) currency and deposits at banks.
In the United States today, money includes currency and deposits at banks.
What is money?Money is an object or verifiable record that is commonly used in a particular country or socioeconomic situation as payment for goods and services and to repay debts such as debts. Taxes are accepted. Money is a commodity that is generally accepted as an economic medium of exchange. Money is a medium for expressing prices and values. Money circulates from person to person and country to country, facilitating trade and becoming a major measure of wealth. The characteristics of money are permanency, portability, divisibility, uniformity, finite supply and acceptability. Money is a commodity that is widely used and accepted in transactions in which goods and services are transferred from person to person. The economist classifies money into his three types: Commodity money, paper money, bank money. Commodity money is goods whose value functions as monetary value.To learn more about money from the given link :
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Upon arriving in Russia, Joan Walker learned that companies in the country had a strong custom of employing members of the same family. Vandelay has an anti-nepotism policy, prohibiting the employment of members of the same family. Joan has heard that her new Russian secretary, Svetlana, may recommend her husband for a position in the company's production crew. Under the principles of ISCT, if Joan concludes that hiring family members does not violate any hypernorms, she should: O Not prohibit her secretary's husband from being considered for the production job in light of Russia's cultural norms, even though the norm of allowing members of the same family to be employed violates the company's stated policy. Prohibit her secretary's husband from applying because company policies should always prevail over the laws and customs of the country in which the company is doing business. O Not prohibit her secretary's husband from applying for the production job, but tip off the production foreman that the application should be rejected without serious review. Recommend that Vandelay discontinue doing business in Russia because the country's business-practice norms are inconsistent with those of American companies.
Despite the fact that it violates business policy, she should not disqualify her secretary's spouse from consideration for the production job due to cultural customs in Russia.
Mixing various inputs, whether material (such metal, wood, glass, or polymers) and intangible (like labor) is the process of creating anything (like plans or knowledge). In a perfect world, this output would be a valuable good or service that makes people's lives better. The consumption (or consumer) theory of the economy is closely related to production theory, a branch of economics that concentrates on the production process. Effective use of the initial inputs results in the development of the manufacturing process and output (or factors of production). The three major production components are land, labour, and capital, also referred to as primary producer commodities or services. These necessary components don't go through any significant modifications during manufacture or fully integrate into the finished product. Because they are byproducts of land, labour, and capital, materials and energy are categorized as secondary elements in classical economics. Taking a deeper look, fundamental components include all of the resources that are utilized, including land, which includes the natural resources on and below the soil. Human capital and labour are different things, though. Entrepreneurship and technology are occasionally regarded as evolved elements in production in addition to the common factors of production in various economic schools of thinking.
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If the price of product Y is $18 and its marginal cost is $25,
Multiple Choice
O Y is being produced with the least-cost combination of resources.
O society will realize a net gain if more of Y is produced.
O resources are being overallocated to Y.
O resources are being underallocated to Y.
The correct answer to the given question about Price of product and marginal cost is option C) "resources are being overallocated to Y."
When a company lacks the resources necessary to finish all of the important tasks provided to it in the time allotted, it commits the resource allocation error known as overallocation. Overcommitting or overscheduling are other terms for this error. The marginal cost is the difference in overall production costs caused by creating or producing one more unit. To calculate marginal cost, deduct the change in production expenses from the change in quantity. An organization must understand when it may achieve economies of scale in order to maximize output and overall operations. This is what marginal cost analysis aims to achieve. If the marginal cost of producing one additional unit is less than the price per unit, the producer could make a profit.
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A firm has total assets of $310,100, net fixed assets of $168,500, and liabilities of $425,650. The average daily operating costs are $2,980. What is the value of the interval measure
Interval measure is obtained by dividing liquid or quick assets by the average daily expenses of a company, $168,500/$2,980 = 56.54 days
Quick assets are objects that a corporation owns that have a market or exchange value and that are either already in monetary form or can be quickly turned into cash. Therefore, among most intensely liquid assets that a corporation owns are quick assets. Trade receivables, stocks and bonds, and cash and equivalents are some of them. Quick assets are utilised by businesses to compute several financial ratios, particularly the quick ratio, which are used in judgement call.
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