suppose the market for apples is perfectly competitive. the first graph depicts the supply and demand curves for the market for apples. the second graph represents an individual apple grower. graph the demand curve the individual grower faces by placing the endpoints of the firm demand curve in the correct locations.
Answers
A perfectly competitive market is a market where there are many buyers and sellers of identical goods. The price of a good is determined by market forces. This means that price is determined at the intersection of the demand curve and supply curve for a good.
If a seller attempts to set the price for his good, the demand for his good will fall to zero as consumers would patronise other sellers who sell identical goods at a cheaper price. This means that the demand for goods in a perfectly competitive firm is perfectly elastic. Thus, the demand curve is horizontal.
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Related Questions
allocating the cost of intangible assets to expense is referred to as
Answers
Answer: Amortization
Explanation:
Amortization is the systematic allocation of an intangible asset's depreciable amount over its useful life. The depreciable amount is the asset's cost less the residual value.
What is meant by the allocation of expenses?When indirect expenses are attributed to cost objects, an expense allocation occurs. Several accounting frameworks demand expense allocations in order to represent the full cost of inventories in financial statements. A cost object is anything that has a cost compiled for it.
Amortization is the act of transferring the cost of intangible assets to expense, and corporations nearly generally utilize the straight-line technique to amortize intangible assets. Patents. Patents grant the exclusive right to manufacture or sell innovative inventions.
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If a small municipal government buys $5,000 worth of business supplies, spends $55,000 to hire an administrator, and spends $26,000 for a new automobile used by the administrator, this municipal government's contribution to GDP is: Group of answer choices $0. $55,000. $60,000. $86,000
Answers
Answer:
$86,000
Explanation:
Since the government is hiring a worker, not a private company, it counts towards GDP, as does buying supplies.
$55,000 + $26,000 + $5,000 = $86,000
the standard deviation is a better measure of risk than the coefficient of variation if the expected returns of the securities being compared differ significantly.
Answers
Answer:
False
Explanation:
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Answers
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hilton’s vp of talent & inclusion mentioned that the company participates in on-campus recruiting. this is an example of what type of recruiting?
Answers
Answer:
hiring from within
Explanation:
The company looks for internal candidates that exhibit leadership skills and qualities. This type of practice motivates employees and shows there is an opportunity for growth from within the company.
Review three online articles that describe characteristics of a good investment opportunity. write a one - paragraph summary of each.
Answers
Answer:
1. Ownership Investments
Ownership investments are the most volatile and profitable class of investment. The following are examples.
Stocks
Owning stock means owning a portion of a company. It may be a miniscule stake, but it's ownership.
More broadly speaking, all traded securities, from futures to currency swaps, are ownership investments. Investors purchase them in order to share in the profits, or because they will increase in value, or both.
Some of these investments, such as stocks, come with the right to a portion of the company's value. Others, such as futures contracts, come with the right to carry out a certain action that will benefit their owners.
2. Let’s face it, starting a business can be expensive. Few entrepreneurs have the cash on hand to get the ball rolling without some outside help. If you’re starting a small business or looking to grow your business, you may seek financing through a traditional loan, a microloan, or cash from your friends and family. You can also seek funding from investors which is why it’s important to understand what investors look for before investing.
Remember that investors are fundamentally different from lenders, and you’ll need to consider that when you decide what kind of funding you want. Lenders give you money and you repay it with interest. Investors give you money in exchange for ownership of part of your business. Their investments may come with restrictions–that you have to get approval for transactions over a certain dollar amount, for example, or that you have to set up an independent Board of Directors. And investors have certain rights, too, which you should discuss with your lawyer before jumping in.
Investors can be a great thing for your business. First, an investor isn’t demanding repayment every month because it’s not a loan. An investor can also be a reliable source for business advice and may have a strong business network that you can draw on. But this isn’t free money – your investors will have certain expectations.
If you do decide that you want to seek funding from investors, how do you draw them in? What is it that makes them decide to put money into a business?
3. As an investor, you have a lot of options for where to put your money. It’s important to weigh types of investments carefully.
Investments are generally bucketed into three major categories: stocks, bonds and cash equivalents. There are many different types of investments within each bucket.
Here are six types of investments you might consider for long-term growth, and what you should know about each. Note: We won’t get into cash equivalents — things like money markets, certificates of deposit or savings accounts — as those types of investment accounts are less about growing your money and more about keeping it safe.
Explanation:
Which investment strategy would work best if you wanted to grow your
investment slowly without losing much money?
A. Low risk, low return
B. High risk, high return
C. Low risk, high return
D. High risk, low return
Answers
The best answer would probably be a low risk, low return.
An investment strategy with low risk and low return would be the best one if you wanted to grow your investment slowly without losing the money.
Which investment strategy is best to use?An investment strategy with low risk and high return is best to adopt for the motive of earning high profit.
Investments with low risk are much safer than high risk. It also provides the chances for larger gains.
It would be a profitable to choose the investment only with low risk factor.
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which one of the following is a primary market transaction?
Answers
Which loan should Eric choose? Why? Explain your reasoning in a complete paragraph, using at least three supporting details. (10 points)
Answers
The loan that should be chosen is the one that will yield the lowest return.
This is an incomplete question, therefore, an overview of a loan will be given. A loan simply means the lending of money to people or an organization. It should be noted that the recipient of a loan incurs a debt.
When comparing the different types of loans, it's important to choose the shortest loan term that is available. This is because one will pay a lower overall level of interest. It's also important to consider the annual yield return.
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The National Income and Product Accounts allows us to relate ________ to ________ to ________. Group of answer choices household income; government income; firm income total output; total spending; inflation household income; household expenditure; total output total output; inflation; total income total output; total spending; total income
Answers
Answer:
gross domestic product (GDP), gross national product (GNP), and gross national income
Explanation:
The National Income and Product Accounts allows us to relate total output to total spending to total income. Therefore, option E is correct.
The National Income and Product Accounts (NIPA) is a system of economic measures used by the government to track and analyze the overall economic activity of a country.
It provides comprehensive data on national income, production, consumption, and investment. NIPA allows for the calculation of important indicators such as Gross Domestic Product (GDP), which measures the total value of goods and services produced within a country over a specific period.
By providing a framework to track income and output flows across different sectors, NIPA enables policymakers, economists, and analysts to monitor economic performance, make informed decisions, and assess the overall health of an economy.
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Most probably, your complete question is this:
The National Income and Product Accounts allows us to relate ________ to ________ to ________.
Group of answer choices
A. household income; government income; firm income
B. total output; total spending; inflation
C. household income; household expenditure; total output
D. total output; inflation; total income
E. total output; total spending; total income
what is a primary difference between a note receivable and an account receivable?
Answers
Answer:
Note receivable is a written promise by a supplier agreeing to pay a sum of money in the future.
While
Account receivable is the funds owed by the customers.
3. What is journalising? State the rules of journalising based on the types of account with examples.
Answers
Answer:
One amount in the debit column must be equal to two or more amounts in the credit column or one amount in the credit column equals to two or more amounts in the debit column or under compound entry, a few debits will be equal to a few credits. The rule for journalising is the same as that of simple journal.
Explanation:
Journalizing is the process of recording a business transaction in the accounting records. ... Examine each business transaction to determine the nature of the transaction. For example, the receipt of a supplier invoice means that an obligation has been incurred.
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Explanation:
journalism is the practice of documenting a business translation account records
the rules of journalists are:-
1. debit purchase account and credit sales account.
2. debit expenses account and credit cash/bank account.
journatising example are:-
1. real account
2. personal account
3. nominal account
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When determining asset allocation and diversification, you should mostly
consider
A. rate of return
B. portfolio size
C. real estate holdings
D. similar investments
Answers
Answer:reet of return
Explanation:
In Europe, schoolchildren devote time during each school day to calisthenics. North American schools rarely offer a daily calisthenics program. Tests prove that North American children are weaker, slower, and shorter-winded than European children. We must conclude that North American children can be made physically fit only if they participate in school calisthenics on a daily basis. Which one of the following is assumed in the passage?
a. All children can be made physically fit by daily calisthenics.
b. All children can be made equally physically fit by daily calisthenics.
c. Superior physical fitness produces superior health.
d. School calisthenics are an in indispensable factor in European children’s
e. North American children can learn to eat a more nutritious diet as well as to exercise daily.
Answers
Answer:
ummmm...
Explanation:
returning workers confront creepy time capsules of pre-pandemic life
Answers
The main idea of this article is to expose the space that workers found when returning to their workplaces after isolation from the pandemic.
The article talks about the workplaces that had particular aspects after having been alone for 18 months of isolation due to the pandemic. For example:
There was spoiled food that was left there 18 months ago.Calendars for the first months of the year 2020.This situation originated because the workers carried out their daily work routine and did not contemplate being forced to isolate themselves for prevention to acquire the virus of the pandemic of the year 2020.
This question is incomplete because the question is missing. The question is:
What is the main idea of the article?
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basheer operates a business that smooths and finishes poured concrete floors, sidewalks, driveways, and pool decks. basheer has been observing and timing each task undertaken by his workers because he would like to increase their efficiency. basheer is engaging in ________ management.
Answers
Basheer is engaging in performance management.
As the manager, Basheer is monitoring and evaluating his employee's work to increase their efficiency. He must create the environment for his employees to bring out their best abilities in performing tasks that satisfy customers with the highest quality.
Performance management is a management tool that enables monitoring and evaluation of the tasks carried out by workers so that efficiency can be increased and management's goals achieved.
Thus, Basheer is engaged in performance management when he observes and times each task by his workers to improve performance efficiency.
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A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). There are two production methods it could use. With one method, the one-time fixed costs will total , and the variable costs will be per book. With the other method, the one-time fixed costs will total , and the variable costs will be per book. For how many books produced will the costs from the two methods be the same
Answers
The number of books that will be produced such that the costs from the two methods be the same is 4668 units.
From the complete question, the total cost of the first equation will be:
= 8.25x + 65054
The total cost for the second equation will be:
= 19.50x + 12539
Then, we'll equate both equations together and this will be:
8.25x + 65054 = 19.50x + 12539
Collect like terms
19.50x - 8.25x = 65054 - 12539
11.25x = 52515
Divide both side by 11.25
11.25x/11.25 = 52515/11.25
x = 4668 units.
Therefore, the breakeven unit will be 4668 units.
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to maximize economic surplus, keep increasing output as long as
Answers
Answer:Therefore, total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price. Hence, only those sellers will produce a product
Explanation: i no it
For augment economic surplus, continue to increment yield insofar as total surplus is expanded when the cost rises to the market harmony cost.
What is Economic Surplus?Economic surplus is determined by consolidating the surplus advantage that is capable by the two purchasers and makers in an economic exchange.
Surplus relates to products as well as to monetary components, like benefit, income, and capital. Albeit this probably won't give off an impression of being an issue, something like benefit surpluses prompts expanded charge rates, and that additional duty cash might have been contributed somewhere else.
A surplus of capital focuses to the way that the financial backer, entrepreneur, or pioneer put a lot of cash into the organization or task, considering squandered money to be a normal outcome. In economics, the idea of surplus is generally found in the term spending plan surplus. This ordinarily alludes to situations where state run administrations have supported all their set projects and have cash left over subsequently.
Therefore economies actually take a stab at an economic surplus because of the conviction that overflow is superior to shortage.
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PLEASE HELP MEE 50 Pts
Question: What are the local, state, and federal taxes for a healthcare business?
Answers
Answer:
Is health care federal state or local?
The U.S. Department of Health and Human Services is the federal government's principal agency involved with health care services. The states cofund and administer their CHIP and Medicaid programs according to federal regulations. (goo gle)
Explanation:
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Juno Co. purchased a machine for $10,000 and estimates it will use the machine for three years with a $2,000 salvage value. It expects to produce a total of 8,000 units as follows: 3,000 during year one; 2,500 during year two; and 2,500 during year three. Using the units-of-production depreciation method, compute the machine's first year depreciation expense.
Answers
The machine's first year depreciation expense is $3000.
The units-of-production depreciation method is a depreciation method where the depreciation expense of an equipment depends on the units of a product produced in a given period.
Deprecation expense = (total units produced in year 1 / total units that the machine can produce) x (cost of the asset - salvage value)
Deprecation expense in the first year
(3,000 / 8,000) x ($10,000 - $2,000)
0.375 x $8,000 = $3000
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a loss that is judged to be probable and for which the amount is reasonably estimable should be
Answers
Answer:recorded
Explanation:
The loss that its amount is reasonably estimable and judged to be probable should be recorded.
In accounting, the outcome of the preparation of the Income statement is to determine the profit or loss generated by the company in an accounting year.
Because an account is prepared annually, then, an loss that is more probable and can be estimated is expected to be recorded.
Therefore, the loss that its amount is reasonably estimable and judged to be probable should be recorded.
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describe the following trends in buinesses. Give an example of what you can do to maintain a productive business environment to support each trend.
a. Social responsibility
b. Green business
c. Globalization
d. Technology
Answers
Answer:
d
Explanation:
Alot of people today have technology if you had a version of your own and it goes viral you could make 63,903 a year..experienced coders get 85k
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The account debited when payment is made for equipment purchased previously on account is
A accounts receivable.
O
B. cash.
C. accounts payable.
D. equipment
Answers
Answer: It is A. Accounts Receivable.
How are traditional and Roth IRAs different from 401(k) plans?
A. Traditional and Roth IRAs are set up by companies, while 401(k)
plans are not
B. Traditional and Roth IRAs are tax deductible, while 401(k) plans
are not.
C. Traditional and Roth IRAs are set up by individuals, while 401(k)
plans are not
D. Traditional and Roth IRAs have no limits on annual contributions,
while 401(k) plans do.
Answers
Answer:
C.traditional and Roth IRAs are set up by
individuals, while 401(k)
plants are not
Explanation:
hope can help
Traditional and Roth IRAs are different from 401(k) plans as Traditional and Roth IRAs are set up by individuals, while 401(k)plans are not. Option C. This is further explained below.
What is Roth IRAs?Generally, Roth IRAs is simply defined as Individual retirement accounts (IRAs) are taxed at the time of deposit, but all future withdrawals are tax-free with a Roth IRA.
In conclusion, Traditional and Roth IRAs are distinct from 401(k) plans as Traditional and Roth IRAs are set up by people, whereas 401(k)plans are not.
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which term denotes the response of a cost to the change in business activity
Answers
Explanation:
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The terms is used to denote the response of a cost to the change in business activity is Cost behavior.
Cost behavior is used as a tool to show or indicate how a cost will alter or chang in total when there is a change in some activity.
There are three types of cost behavior. Cost Behavior Analysis is simply known as the study of how specific cost respond to changes in the level of business activity.
Conclusively, its knowledge will helps management plan operations and decide between alternative courses of action.
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Gordon is over 65 what is his adjusted gross income
Answers
Answer:
huh
Explanation:
hbybibhbil
the equipment and structures available to produce goods and services are called
Answers
Answer:
physical capital (c)
Explanation:
beep boop
Which of the following is a characteristic of a service?
A. Can be stored
B. Can be repeated in exactly the same way
C. Mass produced
D. Intangible
Answers
Answer:
D.Intangible
Explanation:
Because three characteristics of service are: intangibility, inseparability, variability
The correct answer is D. Intangible. is a characteristic of a service
What are servicesServices are intangible in nature. This means that they do not have a physical presence and cannot be touched or held like physical goods. This is one of the key characteristics that differentiates a service from a product.
Options A, B, and C are typically characteristics of goods, not services:
A. Services cannot be stored for later use like physical goods.
B. Due to the human aspect involved in delivering services, they may not be repeated in exactly the same way each time.
C. Services are generally customized to the individual customer and are not mass-produced in the same sense as physical goods.
Option D is therefore a service characteristic.
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You are an accounting student at a university and also a talented guitar player. During summer vacation, you are hired full time to do bookkeeping for a computer store. You work during normal business hours at the computer store. Your work there is supervised by the office manager, and you are paid an hourly wage. On Saturday nights, you play guitar at a pub. You bring your own instrument and you decide what music to play. You are paid a set price for this gig. A question arises at both the store and the pub as to whether you are an employee or an independent contractor. This question is important because employers have certain obligations to employees that do not apply to independent contractors. For example, employers are liable for the wrongful acts of employees but generally not for the acts of independent contractors. Likewise, employers must withhold payroll taxes for employees but not for independent contractors.
Required:
Are you an employee or an independent contractor at the store and at the pub?
Answers
Considering the scenario described above, at the store, I am an employee. This is because I'm hired full-time.
Also, because an office manager is supervising me, that shows I am an employee.
Also, given that I work within normal business hours at the store, that is a characteristic of an employee. Again, payment of wages is associated with employee relations.
On the other hand, I work as an independent contractor at the pub because I decide the music to play and get paid per gig.
Also, given that I don't work at normal hours and get paid at a lump sum, this is an independent contractor working feature.
Hence, in this case, it is concluded that I worked as an independent contractor at the pub and an employee at the store.
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the u.s. labor department said american workers set a record in august for taking what action?
Answers
The United States labor department said American workers set a record in August for "quitting their jobs."
The recent statistics released show that about 4.3 million Americans quit their jobs between December 2020 to August 2021.
The statistics show that the 4.3 million Americans that resigned from their jobs formed about 3 percent of the total work population.
According to the U.S Labor Department, this is a record figure in the U.S. labor-related issues.
Hence, in this case, it is concluded that many Americans are quitting their jobs willingly in recent times.
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