You have just been hired by the u. S. Government to analyze the following scenario. Suppose the u. S. Agricultural industry is concerned about the level of fruit and vegetable imports to the united states, a practice that hurts domestic producers. Lobbyists claim that implementing a tariff on imports would shrink the size of the trade deficit. The following exercise will help you to analyze this claim.

A person who works as a sales representative for a manufacturer or wholesaler and gets paid a commission on any sales is classified an agent.

This is a person that is signed on to work on behalf of another person. This may be someone who helps to make decisions on behalf of the person that they represent.

Also a person that does business on behalf of another for the sake of commissions is an agent.

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Answer:

Financial literacy is a set of skills and knowledge that allows one to make effective decisions with their financial resources.

Explanation:

Why is it important? Well, being financially literate ensures financial stability and security. It also allows you to have a variety of different financial skills; such as creating a budget, understanding how credit works, being able to save for retirement, and becoming wiser with how to manage your money.

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According to the information, it can be inferred that the best option for the company is to use plastic containers because it is $5.40 cheaper than wooden containers.

To calculate the total value of each type of container we must do the following mathematical operations.

Calculate how many containers we need of each type. For this we divide the total number of beads in the capacity of each container:

Then we multiply the number of containers of each type by the value of each:

Finally we take the difference between both values ​​to know which is cheaper and what is the difference with the other type of container.

$29.4 - $24 = $5.4

According to the above, the best option for this company is to transport the beads in the plastic container because it has a greater capacity and is $5.4 cheaper than the wooden container.

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During the decline stage of the product life cycle, laggards who have not yet tried the product or service will be entering the market for the first time.

A product life cycle  can be defined as the time in which a customers was aware of a product in the market to the time when the product was no longer available in the market.

At the decline stage a who was not aware of the existance of a product  is lag behind because the person is just entering the market for the first time

Therefore during the decline stage of the product life cycle, laggards will be entering the market for the first time.

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The investments by the upper class that creates lower-class jobs is the counter-argument on wealth gap that needs to be addressed.

This refers to the gap that classifies the group of people based on their earned income and wealth.

The statement that "Investments by the upper class create lower-class jobs" need to be addressed because it is a true statement about the condition of every economy.

Therefore, the Option C is correct.

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Answer:

C

Explanation:

Vanilla approach to ERP implementation is when one change business processes in order to implement SAP.

Vanilla ERP implementation serves as the implementation of standard software modules for core business processes.

This usually help toprovide breadth of integration and depth of functionality across the business.

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Answer:

Mandatory spending is spending that is required by law. And discretionary spending is spending that must be authorized by the government every year.

Explanation:

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Based on the real GDP growth rate, the velocity of circulation, and the quantity of money, the long run inflation rate will be 0%.

This can be found using the Quantity theory of money:
Money supply x Velocity of circulation = Price level x Real GDP

Can also be written as:

% change in M + % change in V = % change in P + % change in Y

Solving gives:

3% + 0 = P + 3%

P = 3% - 3%

= 0%

The price level is to increase by 0% which means that inflation is 0%.

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An example of an information asymmetry is when some board of directors had an important role in luckin coffee but claimed to be unaware of any problems.

In a formal setting, this refers to a condition whereby a business party possesses more information than the other party they are dealing with.

These type of asymmetry are caused by differences in information between the parties in an economic transaction.

Therefore, the situation described is an example of an Information asymmetry.

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Answer:

The answer is Securities and Exchange Commission.

Based on the expected sales, net profit margin, and dividend payout ratio, the projected increase in retained earnings for Khadimally Inc, is $33,181.71.

First find the expected profit:

= Sales x Net profit margin

= 763,500 x 5.3%

= $40,465.50

The projected increase is:

= 40,465.50 x (1 - 18%)

= $33,181.71

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The short-run average total cost of Ike's Bikes of producing 100 bikes is $360.

The short-run is a production period where some of the factors used in the production process are fixed and others are variable. The  short-run average total cost is the total cost divided by total output. Total cost is the sum of fixed cost and variable cost.

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A positive current ratio is between 1.2 to 2, which means that an entity has 2 times as many current assets as its liabilities. Here, the current ratio is 1.33: 1, which represents that 1.33 assets are available to fulfill $1 debts.

The current ratio is the amount of income that measures a company's ability to pay short-term obligations or those that have to be repaid within one year.

The current ratio below 1 means that the company does not have enough liquid assets to cover its short-term liabilities

Formula:

[tex]\rm\,Current \; Ratio = \rm\,\dfrac{Current \;Assets }{Current \;Liabilities}\\\\\rm\,Current \; Ratio = \dfrac{ \$425,000}{\$320,000} \\\\\\\rm\,Current \; Ratio = 1.33[/tex]

hence,The current ratio is 1.33: 1, which represents that 1.33 assets are available to fulfill $1 debts.

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The period between the posting date and the due date, this period is called the grace period. In this period the finance charges are not assessed on new credit card.

A grace period is a period of time after the due date during which payment can be made without incurring any penalties. In most mortgage loan and insurance arrangements, a grace period of 15 days is included.

A grace period allows a borrower or insurance client to postpone payment for a certain time after the due date has passed.

Thus, grace period is the period between the posting date and due date.

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Answer:

infrastructure; superstructure

Explanation:

quizlet

If the Federal Reserve wants to lower the interest rate to 4 percent, it must increase the money supply to lower interest rates.

If the federal reserve wants to prevent a recession which means an economic condition when GDP falls or economy faces a low or negative economic growth.

Thus, first of all aggregate demand should increased to boost up the economy and money supply should increase to lower the interest rate then business will take more loans at lower rate and invest more in production to meet up the aggregate demand and increasing employment opportunities.

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The amount of money that I would be willing to pay for one share of the stock of Sid's Video Store is $17.20.

The amount I would be willing to pay for the stock would be based on the value of the stock.

Value of the stock = dividend that would be paid next year / ( required return - growth rate)

$2.15 / (14% - 1.5%)

$2.15 / 12.5% = $17.20

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If the capital stock fixed while the supply of labor increases, it is likely that the productivity of labor will fall.

Labor productivity is use to measure the output of a labour based on hourly basis.

Labor productivity is usually determined by the amount of Capital that is investment. This include technological and human capital.

Therefore, If the capital stock fixed while the supply of labor increases, it is likely that the productivity of labor will fall.

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The item that should not be among Lucy's main considerations in selecting these accounts are that the account recommended for somebody with different needs.

A transaction account is a deposit account kept at a bank or other financial institution. It is also known as a checking account, checking account, current account, request deposit account, or shared draft account at credit unions.

In the above situation, Lucy will have to pay the amount of interest to be on deposits, and eligible to any advantages of having all the accounts at the same bank.

Lucy will also bear the fees for having multiple savings accounts, as having a multiple accounts increases the fees of all the accounts.

The account cannot be opened for the need of somebody, it is opened for the banking transactions and for depositing the money.

Therefore, option A is correct.

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Answer:

A: The account recommended for somebody with different needs.

Explanation:

edge

The company must keep in mind in relation to personal direct selling is that this strategy must be used in conjunction with advertising and marketing strategies.

Corresponds to a sales technique where a salesperson will communicate directly with a potential customer to sell a particular product or service, using persuasion and marketing tolls for this purpose.

Therefore, when using the personal selling strategy, the company must also develop marketing and advertising strategies for its products and services, using the correct techniques for persuasion and generating desire for purchase.

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The principle where one firm's waste becomes the resource used by another firm is known as biomimicry.

Biomimicry is when the waste products of one firm becomes the resource that is used by another firm for production processes.

An example of biomimicry is when the scrap metals that is used to produce a machine is used by another firm to make a product.

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When a company owns and controls the marketplace, the term that best describes it is a Monopoly.

A monopoly is a market situation where there is little to no competition.

The major characteristics of a monopoly are:

Thus, when a company owns and controls the marketplace, the term that best describes it is a Monopoly.

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If the rate of energy consumption change were to continue, then in 2061 the use of renewable energies would exceed 10% of the total energy consumed.

In this case, it is possible to calculate the energy consumption change as 1.9% to 2.4% (0.5%) in three years >> 0.1666 per year.

And therefore 2060 - 2015 = 45 years >> 0.16666 x 45 = 7.5% energy consumption change and therefore 7.5 %  = 2.5% = 10% (2060).

If this rate of energy consumption change were to continue, then in 2061 the use of renewable energies would exceed 10% of the total energy consumed.

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Answer:

Often, people who are in the habit of saving money can be seen as being overly concerned, but the purpose of having a reserve is precisely to avoid greater worries in the face of unforeseen events.