Answer:
A. It implies a fixed 600 units of commodity A will always be demanded without being influenced by any factor that determine the quantity demanded for good ‘A'.
B. 4. Yes. The reason is that the price of good A is indirectly proportional to the quantity demanded for good ‘A'.
C. It implies that the quantity demanded for good ‘A' decreases by 0.03 as the consumer's income increases by $1. It is an inferior good.
d. Goods A and B are complements since the negative sign implies that the quantity demanded for good ‘A' decreases as the price of related commodity (good ‘B') (Pr) increases. The interpretation of the the slope parameter for the price of good B is that the quantity demanded for good ‘A' decreases by 12 units as the price of related commodity (good ‘B') (Pr) increases by $1.
E. Yes, the algebraic signs on the slope parameters for T, Pe, and N are correct. The reason is that quantity demanded for good ‘A' will increase as each of T, Pe, and N increases.
f. Quantity demanded for good ‘A' is 2,374.
Explanation:
A. Interpret the intercept parameter in the generalized demand function.
In the generalized demand function, 600 represents the Interpret the intercept parameter.
This implies that 600 units is a fixed units of commodity A is demanded and this is not affected by any factors that determines the quantity demanded for good ‘A'.
Therefore, it implies 600 units of commodity A will always be demanded.
B. What is the value of the slope parameter for the price of good A? Does it have the correct algebraic sign? Why? 4. Yes since indirectly proportional.
From the generalized demand function, the value of the slope parameter for the price of good A is 4.
Yes, it has a the correct algebraic sign which is a minus sign.
The reason is that the price of good 'A' is indirectly proportional to the quantity demanded for good ‘A'.
C. Interpret the slope parameter for income for income. Is good ‘A' normal or inferior? Explain. 0.03. Since Em less than 1 it is normal goods
The slope parameter for income (M) is -0.03. This implies that the quantity demanded for good ‘A' decreases by 0.03 as the consumer's income increases by $1.
It is an inferior good because the quantity demanded for good ‘A' decreases as the consumer's income increases.
d. Are goods A and B substitutes or complements? Why? Interpret the slope parameter for the price of good B.
Since the slope parameter for price of related commodity (good ‘B') (Pr) is negative (i.e. –12), this implies that goods A and B are complements.
The negative sign implies that the quantity demanded for good ‘A' decreases as the price of related commodity (good ‘B') (Pr) increases.
The interpretation of the the slope parameter for the price of good B is that the quantity demanded for good ‘A' decreases by 12 units as the price of related commodity (good ‘B') (Pr) increases by $1.
E. Are the algebraic signs on the slope parameters for T, Pe, and N correct? Explain
Yes, the algebraic signs on the slope parameters for T, Pe, and N are correct.
The reason is that quantity demanded for good ‘A' will increase as each of T, Pe, and N increases. This implies that there is a positive relationship between the quantity demanded for good ‘A' and each of T, Pe, and N.
f. Calculated the quantity demanded for good ‘A' when P = $15, M = $25000, Pr = $40, T = 6.5, Pe = $5.25 and N = 2000?
Given;
Qd = 600 – 4p – 0.03M – 12 Pr + 5T + 6Pe + 1.5N ............... (1)
Each of the value is then substituted into equation (1) and we then calculate as follows:
Qd = 600 - (4 * 15) - (0.03 * 25000) - (12 * 40) + (5 * 6.5) + (6 * 5.25) + (1.5 * 2000)
Qd = 2,374
True or false: Electronic commerce is defined as the use of the Internet as an essential element of business activity.
Answer:
it's true............
Early in the year, an investor purchased 100 shares of KAP common stock at a price of $60 per share. Just prior to the end of the year, after receiving three quarterly dividends of $1, the investor liquidated all of the KAP at a price of $59 per share. If the Consumer Price Index (CPI) increased by 3%, the investor's total return over the holding period was A) 3.33% B) .33% C) 5% D) 2%
All changes saved
2. It's best for event marketers to have a single official website listing information about the event?
Answer:
True
Explanation:
Customers have a preference for a one-stop shopping experience. In other words, customers would prefer to shop in a store that provides a variety of all the products and services they need.
For event marketers, it will be advantageous if they list all their services on a single website. Customers requiring a wide range of services are likely to contact them for business. If they list services on different websites, customers will likely view them as different providers, offering varied services. This will make them continue searching for a preferred service provider.
After an economy begins to recover, suppose that the Fed quickly raises interest rates back to the level seen before the recession in order to prevent inflation. Which type of Fed policymaker would be more likely to favor this action
Answer:
Hawks
Explanation:
In simple words, A hawk, sometimes recognized as just an inflation hawk, can be understood as the policymaker or analyst who is primarily obsessed with lending rates as their contribute to monetary policy.
To maintain inflation in control, a hawk normally prefers reasonably high interest rates. In other terms, redskins are less worried with global development just like they are with downturn risk brought to pressure by rising inflation.
Thus, from the above we can conclude that the correct answer is hawk.
you speak to a business owner that is taking in almost $2,000 in revenue each month. The owner still say that they’re having trouble keeping the doors open. How can that be possible? Use the terms revenue, expenses, and profit/ loss in your answer.
EXPLANATION
Explanation:
a business man with such amount in revenue every month most really be earning high his business must be lucrative. They are having trouble keeping the doors open this can only mean that the expenses made by the business man is higher p than the profit he is gaining, soo he is making a lot of loss for him not to be able to open any doors.
by the way to keep doors open mean to make things move forward now or later in the future/or make things in possible, in the case of this business man he can't move things forward so he is going to or is already suffering from diminishing returns in business. Thank you.
As defined in the Uniform Securities Act, the term person would include: a limited partnership. a political subdivision. an unincorporated association. the executor of an estate for a deceased individual.
Answer:
All of the above.
Explanation:
The Uniform Securities Act ( USA ) is a model statute or legal framework designed to guide each state of the United States of America in drafting and balancing both state and federal regulatory securities law. It is used in the United States of America to prosecute all fraud relating to buying and selling of securities.
As defined in the Uniform Securities Act, the term person would include:
I. A limited partnership.
II. A political subdivision.
III. An unincorporated association.
IV. The executor of an estate for a deceased individual.
Media richness refers toa. a message's impact on the company's bottom lineb. how much a communication channel costs the company to usec. the extent to which a channel represents all of the information availabled. the receiver's actions upon receiving the message
Answer: c. the extent to which a channel represents all of the information available
Explanation:
Media richness is when a communication media is able to pass across a rich messages. We should note that the characteristics of richness has to do with the amount of feedback, language variety, and social cues, that is passed to a communicative partner.
Media richness has to do with the amount of information that is transmitted through a particular communications channel.
Seo-hyeon doesn't like her current job. She has an interview at a new one. She is tempted to tell everyone what she dislikes about her current job at the interview. Is this a good idea? What should Seo-hyeon do?
Answer:
No it is not good idea.
Explanation:
In the context, Seo-hyeon is going to for an interview. Seo-hyeon is currently working in an office and is not happy working in her current office. She wants to leave her current job and is searching for other job. She has an interview and she is tempted to express her dislikes about her job at the interview.
But this is bad idea and the interviewee should never express her dislike about the job or never gossip about the his or her boss or never tell any bad things about one's previous employer. This is considered as a bad habit and is not taken wisely by the interviewer.
One of the values of the Hilton Garden Inn is responsiveness to change or flexibility.
False
True
Explain the importance of excellent customer service.
can you double your money in retirement funds?
Answer:
no
Explanation:
my grandma retired so I know a little about retirement
Which of the following is most likely to represent a fixed rate, secured debt?
1) A student loan
2) A credit card
3) A loan from a friend
4) A dealer-financed auto loan
Answer:
4) A dealer-financed auto loan
Explanation:
A fixed-rate means the interest rates are constant as opposed to variable interest rates. Fixed-rate means the monthly repayments will be a constant and predictable figure every month.
Secured debt refers to a loan that is backed by collateral. The borrower has offered as an asset to the lender as a guarantee that they will pay the debt.
A dealer financed auto loan is most likely to be with a fixed rate and secured. The car being bought on loan acts as the collateral for the loan. Dealers usually insist on fixed interest rates.
Student loans, credit card loans are unsecured loans. A loan from a friend is unlikely to be secured and with a fixed interest rate.
Which retirement plan specifies the benefits you'll receive at retirement age based on your total earning and years on the job
Answer:
A. Defined benefit plan.
Explanation:
These are options for the question
A. Defined benefit plan.
B. Money-purchase plan.
C. Defined contribution plan.
D. Profit-sharing plan.
E. 401(k) plan.
Defined benefit plan can be regarded as a plan that pledge specified monthly benefit for an employee after retirement. It may use a plan formula for the benefits the formula could be drawn from the employee salary as well as service. It should be noted that the retirement plan that specifies the benefits you'll receive at retirement age based on your total earning and years on the job is Defined benefit plan
How modern technologies upgrade human's life ? Explain in your own words
Answer:
Modern technology has been upgraded and can be used in many different ways. Modern technology can also be explained in many different ways, for example, irrigation canals were used thousands of years ago and that was technology. But modern technology now are anything for enhance human knowledge such as a phone or computer and the internet is very useful because any human can search up anything
Explanation:
There are many similarities and differences between Platonic and Aristotelian metaphysics. Select the statement about metaphysics with which only Aristotle would agree.
Answer:
"Option b" would be the right choice.
Explanation:
Throughout the given question, options are not given. Please find attachment of the rest of the options.
Besides Plato, it would've been necessary for research and theory, as well as logic, should "demonstrate" a notion or determine a material's characteristics, whereas Aristotle often favors scientific understanding but rather an observation. Plato claimed in two different perspectives, primarily the real world as well as the globe of shapes, although for Aristotle, the human mind is just once philosophy.Plato seems to be a moral relativist, either the unquantifiable consciousness, as well as the brain, generates exist because it is the individual that recognizes humanoid form.Other decisions aren't linked to the information stated. So that the response above is appropriate.
On the eve of Diwali Ravi purchased two kilograms of sweets from Nandan Sweets. On consumption of sweets his wife fell sick and was to be hospitalized. Ravi wanted to file a case in the consumer forum but could not do so because he did not have any proof of buying the sweets from Nandan sweets. Name the document that Ravi could had obtained for filing the complaint in the consumer forum.
Answer:
Cash memo
Explanation:
A cash memo is a docent that evidences transaction that occurred between a buyer and seller when cash was used to make a purchase.
A seller prepares a cash memo and gives to the buyer as a proof that the transaction occurred.
In this scenario where Ravi purchased two kilograms of sweets from Nandan Sweets that made his wife fall sick and she was hospitalized. If he wants to file a case in the consumer forum, he will need proof.
A cash memo would have been used
What do federally funded grants require a student to do
Answer:
To have a financial need
Explanation:
In the United States, the federally funded grants require a student to have a FINANCIAL NEED before such funds can be granted to the student. For example Federal Pell Grants, Federal Supplemental Educational Opportunity Grants.
To access such grants, students will have to apply for the grant and submit the form after being filled in for proper evaluation.
Hence, in this case, the correct answer is Federally funded grants require a student "to have a financial need."
Before going on his first business trip to China, Bradley asked his Chinese American friend to advise him on customs and values common among the Chinese businesspeople he will likely encounter. Bradley is trying to avoid ________ business bl
Answer:
cultural Business blunder
Explanation:
from the question, we are informed about instance of Branley Before going on his first business trip to China, Bradley asked his Chinese American friend to advise him on customs and values common among the Chinese businesspeople he will likely encounter. In this case Bradley is trying to avoid cultural business blunder.
cultural blunders can be regarded as blunders that occured as a result of
inappropriate use of language among businesses when international professional are communicating or relying with each other, the misunderstanding can result in business failures and other lost. The blunder could be from the business ad as well as product names
If a country's economic growth rate is 4 percent a year, approximately how many years will it take to double its Real GDP
Answer:
17.5years
Explanation:
The rule of 70 is used to determine how long it would take for a number to double depending on its growth rate. This is calculated with the formula;
70/Annual rate of return(in percentage)
Since we have determined the annual growth rate of the country to be 4 percent a year, we can approximately determine how many years it ill take to double its real GDP with the formula;
70/4
= 17.5years
Shareholders are selfless benefactors who are interested only in the growth of the business.
True
False
Answer:
true
Explanation:
Shareholders are interested in the growth of a company and how much they make off their profits.
outline four merits of indirect taxes
Answer:
Explanation:
1.Convenient: Indirect taxes are more convenient to pay. ...
2.Less Pinching: The announcement effect of indirect taxes does not provoke resentment, because they cause less annoyance to the public as they are not felt directly. ...
3.Not Easily Evadeable: ...
4.Broad based: ...
hope it helps!!
pls make me brainlest!
:)
Circle or highlight the correct answer choice: If you have a high credit score, you are more / less likely to get approved for a loan.
Answer:
more likely to get approved for a loan.
Explanation:
A credit score is the accepted indicator of one's reliability in paying debts. In calculating the credit score, a person's credit history is an essential element. If one has been punctual and disciplined in repaying their debts, they are likely to have a high credit score.
Credit score range between 300 and 850. A high score implies the customer is very reliable in repaying debts. Lenders consider individuals with a high credit score as low-risk customers. They are less likely to default on their debts. For this reason, a customer with a high credit score is highly likely to be approved for a loan.
Shannon, who has a job and no dependents, has two credit cards she uses for food and entertainment. All card balances are close to the limit. What could be the best action for Shannon to take next? (5 points)
Request an extension of credit to her credit card company.
Pay off all her balances within the payment cycle.
Apply for a new credit card to increase her credit limit.
Cancel all her credit cards.
Answer:
Pay off all her balances within the payment cycle.
Explanation:
The other answers don't make sense.
Shannon, who has a job and no dependents, has two credit cards she uses for food and entertainment. All card balances are close to the limit. The best action for Shannon to take next is to Pay off all her balances within the payment cycle.
What is the Credit Card?Credit cards are plastic or metal cards used to pay for items or services using credit. Credit cards charge interest on the money spent.
Credit cards may be issued by stores, banks, or other financial institutions and often offer perks like cash back, discounts, or reward miles. Secured credit cards and debit cards offer options for those with little or bad credit.
Credit cards typically charge a higher annual percentage rate (APR) vs. other forms of consumer loans.
They attract customers by offering incentives such as airline miles, hotel room rentals, gift certificates to major retailers, and cash back on purchases. These types of credit cards are generally referred to as rewards credit cards.
Learn more about the Credit Cards here:
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What might be your strong points being an applicant why you assume that you will be getting the position you wanted to apply?
Brainliest will be given if answered correctly
Answer:
At some point during the interview process, you may be asked to describe your personal strengths and weaknesses. Many job candidates are unsure how to approach this question. However, by establishing the appropriate context, you can give hiring managers an honest, thoughtful answer that highlights both your self-awareness and professionalism.
Preparing ahead of time for this question is a valuable use of your time before the interview. Even if you aren’t asked about your strengths and weaknesses specifically, scripting out your response to this common question will give you a candid yet compelling description of what you bring to the table and how you wish to grow in the future. With these talking points at the ready, you’ll be able to confidently answer man
What Are Your Greatest Weaknesses?” Example
You may be asked about your strengths and weaknesses in one question or you may be asked about them in two separate questions. In the event that you are asked about strengths and weaknesses at the same time, discuss your weaknesses first so that you can end on a positive note.
When addressing your weaknesses, draw upon examples relating to either skills/habits or personality traits. You may want to choose which to focus on depending on the type of job you’re interviewing for. For example, discussing a skill/habit may be highly relevant for a technical position. For a sales or customer service role, your interviewer may be more interested in hearing about your personality traits. Neither choice is strictly wrong or right. Reread the job description for clues on what may matter most for this specific role.
The formula for your answer is easy to follow. First, state your weakness. Second, add additional context and a specific example or story of how this trait has emerged in your professional life. That context will give potential employers insight into your level of self-awareness and commitment to professional growth. In the example answers below, you’ll see the weakness followed by context sentences in italics.
The aggregate demand curve would shift to the right as a result of A. tax increases. B. a drop in the price level. C. a drop in the foreign exchange value of the dollar. D. a decrease in the amount of money in circulation.
Answer:
. C) a drop in the foreign exchange value of the dollar.
Explanation:
An aggregate demand curve can be regarded as a curve that display total spending that is available
domestic goods/services with respect to their price level. the horizontal axis provide the real GDP while price level is displayed by vertical axis. It should be noted that The aggregate demand curve would shift to the right as a result a drop in the foreign exchange value of the dollar.
The development of the global economy is often called
a. globalization.
b. international trade.
c. multinational trade.
d. world trade.
Answer:
a. globalization.
Explanation:
Global economy refers to the viewing economies of all countries as a single economy. In recent years, economies of multiple countries are increasingly becoming interconnected and dependent on each other. Globalization describes the increased interactions and interdependence between multiple countries.
Advancement in technology and infrastructure development has facilitated the easy and faster movement of people, technology, ideas, goods, and services across borders. Consequently, international trade and social interactions have increased, making the world appear as one big economy. This connection between countries' economies is globalization.
Answer:
a. globalization
Explanation:
yeah ;p
The phase of a business cycle after a recession in which consumer confidence is shaken and consumers reduce spending is called
Answer:
Depression
Explanation:
A business cycle is defined as the period that occurs between a boom and a contraction in an economy. A boom is rapid economic growth while a contraction is a period of slow economic growth.
There are 6 stages of business cycle: expansion, peak, recession, depression, trough, and recovery.
A recession is the early stage of a contraction in which demand for products start to decline and prices fall.
After a recession is depression. In this stage economic growth declines further, unemployment increases, consumer confidence is shaken and consumers reduce spending
As of year-end, June Company had three different inventory items in its ending inventory. June had 10 units of each item on hand. The unit cost, replacement cost, expected selling price, estimated disposal and completion costs, and normal gross profit as a percentage of expected selling price follow: Item A: $10, $9, $20, $2, 50% Item B: $30, $32, $50, $4, 30% Item C: $50, $48, $90, $0, 40% June uses a LIFO costing method. By what amount will June write-down its inventory?
Answer:
$10
Explanation:
unit cost, replacement cost, expected selling price, estimated disposal and completion costs, and normal gross profit as a percentage of expected selling price follow
Item A: $10, $9, $20, $2, 50%
Item B: $30, $32, $50, $4, 30%
Item C: $50, $48, $90, $0, 40%
I used an excel spreadsheet to calculate the value of ending inventory using the lower of cost or market value. The ending inventory = $890, while the purchase cost = $100 + $300 + $500 = $900
the inventory should be written down by $10
Employers favor _____ because they are often capable of producing outcomes that surpass the efforts of individuals.
temporary workers
unions
teams
all of the above
Answer:
teams
Explanation:
A team comprises of individuals, each with their unique personalities. Teamwork is when team members willingly contribute their skills, ideas, and energy to the team. Employers prefer working with teams. They invest in teams to ensure teamwork develops.
Teamwork ensures collaboration in solving an organization's problems. Members brainstorm and arrive at the best solutions to challenges. Business opportunities are better utilized in teams. Members give divergent views providing ideas on how to maximize the opportunities. Teams bring out the creativity in employees, which is beneficial to the business.
Mark sold his home to Lenny. Lenny moved into the home, but did not record the deed. A few weeks later, Mark died. His heirs were unaware that he had sold the home, and conveyed title to Donald, who actually recorded the deed. Who owns the property
Answer:
Lenny
Explanation:
Even though Lenny moved into the home but did not record the deed which is a legal document that will prove and show the transfer of ownership of the property from Mark to Lenny in which Donald was the one who recorded the deed , the person who OWNS the property is LENNY reason been that we were told that Mark sold his home to LENNY before he died a few weeks later.
Therefore the person who owns the property is LENNY.