A fundamental notion of economic analysis is that all households and firms must make choices because of scarcity.
What is Economic analysis?Economic analysis essential involves the evaluation of of costs and benefits relative to a countries financial reports.
It can be used also for projects based on the benefits of the projects and the viability of the project.
It helps o know how resources are distributed and the overall impacts the project is making. If the analysis is not well done there can be shortage of resources or scarcity of resources, products and goods.
Therefore,
A fundamental notion of economic analysis is that all households and firms must make choices because of scarcity..
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The addition to a business firm total costs, that comes from producing one more unit of output, is its:______.
The addition to a business firm's total costs, that comes from producing one more unit of output, is its Incremental cost.
The incremental cost is the overall fee incurred due to a further unit of the product being produced. The incremental cost is calculated by reading the additional expenses worried inside the manufacturing procedure, consisting of uncooked substances, for one extra unit of production.
An Incremental cost is a value due to additional charges associated with the manufacturing of a further unit or product. The incremental cost is also known as a marginal price, it displays changes that arise to the stability sheet of an agency due to an addition to the unit of manufacturing.
The incremental cost is a decision-making method utilized in an enterprise to decide the real price distinction among alternatives. also called the applicable fee approach, marginal evaluation, or differential analysis, incremental analysis disregards any sunk fee or past cost.
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What solutions are provided in the reading to keep los angeles a top competitor on the global market?
The solutions that are provided in the reading to keep Los Angeles a top competitor on the global market are by employing a strong strategy, understanding local labor laws, and focusing on to speed market.
When a global market is competitive, businesses will have greater incentives to lower prices, to improve the quality of their products and services, and to provide buyers with more options. Being globally competitive today requires developing global competence.
In order to keep Los Angeles as a top competitor on the global market some solutions were provided which are, using partnerships to drive efficiency, employing a strong strategy, being innovative, and placing a plan for growth.
Hence, the answer is given and explained above.
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Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential ________ at their disposal.
They have many potential Entry Modes at their disposal.
What is Entry Mode?Foreign market entrance modes in international trade are the methods through which a corporation can expand its services into a non-domestic market.
Market entrance options are classified into two types: equity and non-equity. Export and commercial agreements are examples of non-equity mechanisms. Joint ventures and totally owned subsidiaries are examples of equity models. Different entrance mechanisms differ in three key ways:
The level of danger they pose.Control and dedication to the resources required.The promised return on investmentTherefore, Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential Entry Modes at their disposal.
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Compute the present value of a $100 investment made 6 months, 5 years, and 10 years from now at 4 percent interest. (lo1
$98.05 present value of invstment
What is present value?In economics and finance, present value, also known as present discounted value, is the monetary value of an expected revenue stream as of the valuation date.
The current value of a future sum of money discounted by a rate of return is known as its present value. It informs you how much you need to invest today to earn a certain amount in the future. The difference between the present value of cash inflows and cash outflows over time is referred to as net present value.
The present value of the costs is the amount of money that the costs are worth today. The present value of costs considers a notion known as the time worth of money.
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If your risk aversion index a = 4, what is your optimal allocation between risky asset p ( ) and risk-free asset (1- )?
10.82 is your optimal allocation between risky asset p ( ) and risk-free asset (1- ).
Expected return & Return X Probability.
:. Expected return of fund "A" B #x05+ (-5X0·3) + 20x⋅ 2 => 6 25x.5+ 10x 3+ (-25x-2)510-s LA L
Calculation of standard deviation, and correlations
1X0.5 +121X0·3+ 196X-2 872
√210.25x0.540.25x0.3 +1260.25x0·2 18.90
Co-variance. = 14.5x0.5 +5.5x0·3+ (-497×0.2) -90.5
Co-relation=-90.5 -0.55
8.72×18.90
with the use of the given formula given. Calculation of weight: -
W₁ = (6-4.25) (18.90)² - [ 10.5-4.25x1-90·5)
(6-4.25) (18.90)²+ 10.5-4.25]($.72)²=-(6-4-25+1015-4:25] × (90·5)
625-1175 + 565.625
5) 1190.7425 = 0.65 1824.3575
625.1175+ 475.24+724
1-0.65 0.35 A
7.5757 • Expected return of portfolio = 6x0.65 +10.5x0.35
Standard deviation (r) of portfolio - 18-72x0.65) + (18 · 9X8:35) 72 (8-72X0·65) (8·4x0-35 x0.55
7
10.82.
A risky asset is an asset that involves some risk. Risky assets generally refer to assets with high price volatility, such as Examples: Stocks, Commodities, High Yield Bonds, Real Estate, and Currencies.
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A written promise to pay a specificied amount of money on a specific date is called a:_______
A written promise to pay a specific amount of money on a specific date is called a promissory note.
A promissory note, also known as a note payable, is a legal document in which one party agrees in writing to pay another party a certain amount of money on demand or at a specific future time, subject to certain terms and conditions.
A promissory note is a formal commitment to pay back borrowed funds. People can borrow money from banks and other lending institutions, as well as from one another. A promissory note is created when someone borrows money in order to legally protect both the payor and the payee. If you're loan a significant sum of money, a promissory note is very crucial. The promissory note serves as a formal record of your transaction, protecting you and guaranteeing that the borrower or organization will pay back the loan.
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Midwest enterprises uses special journals. the company borrowed $10,000 from first state bank. This transaction is recorded in the?
Midwest enterprises uses special journals. the company borrowed $10,000 from first state bank. This transaction is recorded in the Cash receipt Journal.
A cash receipts magazine is a specialized accounting journal and it is called the main access book utilized in an accounting system to preserve track of the sales of objects while cash is acquired, with the aid of crediting sales and debiting cash and transactions related to receipts. sales on account are booked rather within the income journal.
Cash receipts journal is considered as the separate part of coins account/cash ebook as it data the cash inflow of the enterprise. The source report of this prime entry book is Receipt.
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In which of the five basic supply chain activities do you prepare to manage all resources required to meet demand?
In Plan of the five basic supply chain activities prepare to manage all resources required to meet demand.
Manufacturing companies can benefit from a thorough supply chain planning system in areas like material management, waste reduction, and working capital optimization.
The process of precisely planning a material's or a product's route from the raw material stage to the end user is known as supply chain planning. Several procedures are included in this, including supply planning, demand planning, production planning, distribution planning, operations planning, and sales planning.
According to research, 79% of companies with high-performing supply networks have faster revenue growth than the sector average.
Additionally, businesses with the best supply networks benefit from 15% lower supply chain expenses, inventory holdings of less than 50%, and cash-to-cash cycles that are 3 times faster.
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In the short-run which form of inflation is caused by a decrease in the supply curve or an increase in wages?
Cost push inflation occurs when there is a decrease in the supply curve or an increase in wages.
Wage-Push Inflation, Profit-Push Inflation, and Material-Cost-Push Inflation are three of the main components of the cost-push inflation theory.
These theories often consist of three components:
The cost increase is independent of the level of demand in the relevant market.That an essential cost element, like as wages, profits (mark-up), or material costs, is how the push forces work. In light of this, cost-push inflation can take the forms of wage-push inflation, profit-push inflation, material-cost-push inflation, or a mixed variation of inflation in which multiple push causes reinforce one another; andInstead of being absorbed by producers, the cost rise is transferred to consumers in the form of increased prices.Learn more about inflation here:
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A ________ rate means the value of the currency is fixed relative to a reference currency and then the exchange rate between that currency and other currencies is determined by the reference currency exchange rate.
What are the two key factors to consider when choosing the best method for producing a product?
The two factors to consider while choosing the best method for producing a product is the production cost of a particular method of a particular product and the efficiency and effectiveness used in terms of reliability and speed.
Best method for producing a product can considered to know the neccessity of the product in the market, shipment and lightweight friendly items, items of single function that does not need any further process of a product, product that produce less problems, availability of investments.
Hence, the producer must be aware while producing goods.
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An appraiser's conduct on issues relative to the uspap (uniform standards of professional appraisal practice) involves?
An appraiser's conduct on issues relative to the uspap (uniform standards of professional appraisal practice). An appraiser must be impartial, objective, and independent.
The definition of independence is someone or something free from the influence or control of others. An example of an independent person is someone who lives alone and supports himself. Not dependent on others for support, care, or funding. Independent.
An independent clause is a clause that has a subject and a verb and does not require additional information to be understood. Subordinate clauses that begin with subordinating conjunctions such as "while," "that," and "unless" provide background information but cannot stand alone as sentences.
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Describe a pricing decision your company has made. was it optimal? if not, why not? how would you adjust price? compute the profit consequences of the change
General Motors company have embraced many of the competitive price decisions. For instance , a simple pricing strategy.
Simple pricing strategy approach involves setting of prices which depends upon what your rival companies are offering as well as maintaining the quality of the products and services offered by you.
In this case, you should increase the number of sales by initiating different types of discounts.
This price decision taken by simple pricing strategy is optimal since it has maximized the profits on all products and services offered by General Motors Company.
Price adjustments could be made by understanding our customer needs and the quality of the product or services the customers want. The profit consequences in terms of price adjustment are relatively high since we are able to exceed the production than the demand.
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The economic stimulus act of 2008 and the american recovery and reinvestment act of 2009 are both examples of ________ policy.
The Economic Stimulus Act of 2008 and the American recovery and reinvestment act of 2009 are both examples of expansionary fiscal policy.
The Economic Stimulus Act of 2008 contained multiple provisions in order to boost the economy in the wake of the Great Recession. This Act mostly focused on taxes.
The American Recovery and Reinvestment Act of 2009 was signed by President Obama. It was an unprecedented action to stimulate the economy. It also included measures to modernize America's energy and communication infrastructure.
Expansionary fiscal policy is when the government in the economy increases the money supply using budgetary instruments to either raise spending or cut taxes.
Hence, these two Acts are examples of expansionary fiscal policy.
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Managing a team's ______________ is not a normal task that a manager should involve him or herself.
Managing a team's cohesiveness is not a normal task that a manager should involve him or herself.
Cohesiveness develops over time out of interpersonal and institution-degree enchantment, via collaboration, and as a result of a feeling of belonging. Cohesive groups communicate greater effectively, result in better member pleasure, and can create efficiency in resource allocation.
Team cohesiveness refers to a group's capacity to effectively work as a whole closer to a commonplace goal. It is also a method that the group's individuals want to make contributions to the crew's capacity to work properly together.
Group brotherly love is the quantity to which organization individuals are attracted to the institution and its dreams. Brotherly love can encompass emotions of interpersonal liking, mission dedication, and group pride.
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Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential ________ at their disposal.
Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential Entry modes at their disposal.
What is marketing ?Marketing is the process of discovering, developing, and delivering value in the form of goods and services to fulfill the needs of a target market; it may also include the selection of a target audience.
Brand marketing is a method of promoting your product or service by promoting your entire brand. Essentially, it conveys the tale of your service or product by stressing your entire brand.
Distribution, finance, market research, pricing, product and service management, promotion, and selling are the seven functions of marketing in the marketing sector.
Properly studied and targeted marketing will bring in new and recurring customers.
Current and previous consumers' feedback might help identify areas for development.
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Gina purchased a new i-pad as soon as it came onto the market. Gina paid $800 for the product, which she bought the first day it was released. Gina works in Information Technology and is always looking for new electronic products to buy, and writes her own blog with reviews about her favorite high-tech products. According to the Diffusion of Innovations, she would best be described as a(n) ________ consumer:
Based on the fact that Gina purchased the new I-pad as soon as it was released, the Diffusion of Innovations would best describe her as an Innovator customer.
What is the Diffusion of Innovations?It is a business principle that separates customers into different types based on when they buy a product that has been released in the market. There are innovators, Early Adopters, Early Majority, Late Majority, and Laggards.
The Innovators are those that buy a product first. As soon as the product hits the market, they will try to get their hands on it.
Most of these people are usually resellers or those who make money from the products in other ways such as reviewing it for viewers and readers. Gina is one such person which means that she is an innovator.
In conclusion, Gina is an innovator.
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Which are questions financial managers ask when considering long-term financing?
The questions financial managers ask when considering long-term financing are:-
-What are our organization's long-term goals and objectives?
-What funds do we need to achieve the firm's long-term goals and objectives?
-What sources of long-term funding (capital) are available, and which will best fit our needs?
Financial managers perform data analysis and advise executives on ideas to maximize profits. The Finance Manager is responsible for the financial health of the organization. They prepare financial reports, direct investment activities, and develop plans for the organization's long-term financial goals.
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Why would a company’s manager be concerned about the quantity of its purchases returns if its suppliers allow unlimited returns?
The company incurs costs in receiving, inspecting, identifying, and returning the merchandise. More returns create more expenses.
Is cost of sales an expense?
Cost of Goods Sold is also known as “cost of sales” or its acronym “COGS.” COGS refers to the cost of goods that are either manufactured or purchased and then sold.
COGS counts as a business expense and affects how much profit a company makes on its products.
What are the depreciation expense?
Depreciation expense is that portion of a fixed asset that has been considered consumed in the current period.
This amount is then charged to expense. The intent of this charge is to gradually reduce the carrying amount of fixed assets as their value is consumed over time.
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Powder-actuated tools are extremely dangerous, with a "firing" mechanism similar to that of:__________
Powder-actuated tools are extremely dangerous, with a firing mechanism similar to that of an explosive or flammable atmosphere.
Loading the tool earlier than the object is ready to be fastened. Why is it unacceptable to use a powder-actuated tool to lock a plywood sheet to a wall. The fastener can without problems bypass thru each materials, causing an damage.
The tool at proper angles to the work floor. take a look at the chamber to see that the barrel is clean and unfastened from any obstruction, before the usage of the tool.
The principle threat of pneumatic equipment is the powerful air stress, which could shoot items throughout the room at excessive velocity. Drill attachments and fasteners, which include nails or staples, can fly off and grow to be airborne dangers.
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Advertising, personal selling, sales promotion, public relations, and direct marketing are marketing communications alternatives that collectively make up a marketing organization’s:_______.
Advertising, personal selling, sales promotion, public relations, and direct marketing are marketing communications alternatives that collectively make up a marketing organization’s: Promotional mix.
This is further explained below.
What is a Promotional mix.?Generally, Individual components of a marketing company's promotional mix include advertising, personal selling, sales promotion, public relations, and direct marketing. Collectively, these marketing communications options are referred to as the "promotional mix."
A form of communication that is carried out for financial gain with the intention of promoting a good, service, or brand is known as an advertisement. Marketers employ advertisements as a tool to assist businesses in accomplishing their goals and growing their revenue. They frequently construct advertisements targeted toward particular categories of potential clients.
In conclusion, A promotional mix is a mixture of several marketing strategies, such as advertising, sales, public relations, and direct marketing, that are used to accomplish a certain marketing objective.
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An insurance company needs to obtain personal information from third part concerning an applicant which law do all insurers and their producers need to comply with?
An insurance company needs to obtain personal information from third part concerning an applicant which law do all insurers and their producers need to comply with Fair credit reporting act.
The Fair Credit Reporting Act, of U.S.A. is that allows customers the right to get knowledge on the substance, nature and sources of information collected on him and if already have any corrected information on him gets re-investigated.
The Fair Credit Reporting Act (FCRA) is a that federal law which regulates the collection of consumers' credit information and access to their credit reports also.
It was passed in 1970 to address the accuracy, fairness and privacy of the personal information contained in the files of the credit reporting agencies.
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In the context of internet marketing research issues, the marketing research association (mra) suggests that _____.
Answer:
websites post a privacy policy to describe the ways in which data are used.
Explanation:
In the context of internet marketing research issues, the marketing research association (MRA) suggests that websites post a privacy policy to describe the ways in which data are used.
Online marketing, also known as internet marketing or web advertising, is a form of marketing that uses the internet to deliver promotional messages to customers through digital channels such as search engines, email, websites, and social media.
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In the context of internet marketing research issues, the marketing research association (mra) suggests that website post a privacy policy to describe the way.
In terms of privacy legislation, a privacy policy is a declaration or legal document that outlines how a party collects, uses, discloses, and maintains customer or client data. Personal information includes anything that can be used to identify a specific person, including but not limited to that person's name, address, date of birth, marital status, contact information, ID issue and expiration date, financial records, credit information, medical history, place of travel, and intentions to purchase goods and services. Obtaining a free privacy policy just takes a few minutes.
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With the effective interest method, interest revenue differs between periods.
a. True
b. False
True because the net note receivable increases over time so the interest revenue differs between periods.
What is a note receivable?Notes receivable reflect claims for which formal instruments of credit, such as a promissory note, are issued as evidence of obligation. The credit instrument usually compels the debtor to pay interest and lasts for 30 days or more. A note receivable is an asset account linked to an underlying promissory note, which defines the payment arrangements for a purchase between a "payee" (often a firm, and sometimes referred to as a creditor) and the "maker" of the note in writing (usually a customer or employee, and sometimes called a debtor).
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A business would want to concentrate its production facilities in a centralized location when:______.
A company wants to concentrate its production facilities in one centralized location when it wants to reduce production time, increase quality control, and increase machinery utilization.
What is production in a centralized location?It corresponds to a strategy to increase production efficiency, through faster production, increasing the flow and sharing of production resources, the use of equipment, generating economies of scale and greater production efficiency.
Generally, a production in a centralized location helps to maintain the efficient service of a constant local demand, because the centralization contributes to the optimization of productivity.
Therefore, centralized production increases product quality, market assessment, compliance with legal requirements and cost reduction.
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The ____ method of the linkedcollection class places the new element at the beginning (head position) of the underlying linked list.
The add method of the linked collection class places the new elements at the beginning of the underlying linked list.
The set adds () function adds the detail only if the desired element isn't always already gift inside the set else the feature goes back to false if the element is already present within the Set. Syntax: boolean add(E element) where E is the kind of element maintained by this Set collection.
To add a method to a class in Java keep in mind that the dot ( . ) is used to get entry to the object's attributes and methods. to call a method in Java, write the method name accompanied by way of a set of parentheses (), accompanied with the aid of a semicolon ( ; ). a class should have an identical filename ( main and main).
Add an element to a group is achieved through the add() approach. Right here is an instance of adding an element to a Java series : String anElement = "an element"; collection collection = new HashSet(); boolean didCollectionChange = collection. add(anElement).
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When all or a portion of an account receivable is determined to be uncollectible, what occurs?
Account receivable is reduced
Allowance account is reduced
What are uncollectible accounts receivable?
The portion of credit sales in accounts receivable that the business does not anticipate collecting from a customer is referred to as uncollectible accounts receivable. On a company's balance sheet, accounts receivable are valued using the concept of uncollectible accounts.
How are uncollectible accounts recorded?
According to the allowance approach, a debit is made to Allowance for Uncollectible Accounts and a credit is made to both Accounts Receivable and the customer's account in the subsidiary ledger when an account proves to be uncollectible.
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Everything else held constant, an autonomous monetary policy easing ________ aggregate ________
Everything else held constant, an autonomous monetary policy easing increases aggregate demand.
A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements.
The Federal Reserve Bank of the United States carries out a monetary policy through a dual mandate to maximise employment while containing inflation.
Central bankers utilise monetary policy to maintain economic stability and control inflation and unemployment. A declining economy is stimulated by an expansionary monetary policy, and an inflationary economy is slowed by a contractionary monetary policy. The monetary and fiscal policies of a country are frequently in sync.
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An engineer is planning to build a new wing for a hospital. His team is currently figuring out the best type of doors to use in the corridors. If you were on the team, what would you recommend
The recommendation for an engineer who is planning to build a new wing for a hospital, regarding the best type of door to use in the corridors, would be the installation of doors with super damped hydraulic springs.
What are the main characteristics of an engineer?This professional is essential to determine the progress of a project, being the professional responsible for designing, managing and executing a project such as the construction of a new wing for a hospital, in which the needs of the site and the solution of problems for that the work is effective.
Therefore, a good engineer, in addition to managing the work, will be responsible for directing his team, instituting a safe schedule, resources and conflict mediation so that the work takes place properly, safely and as planned.
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_____ is a portfolio management technique that considers industry attractiveness and competitive position rather than focusing solely on market growth and market share.
Operational strategy is a technique that considers industry attractiveness and competitive position rather than focusing solely on market growth and market share.
Portfolio management techniquePortfolio Management (PM) techniques are organized ways of examining at a set of projects or actions or even company units, in order to reach an optimum ratio between risks and returns, stability and development, attractions and liabilities in general, by making the most promising use of usually restricted resources. For example, the portfolio could contain real estate,mutual funds, fixed deposits with banks, shares, and bonds.
TYPES OF PORTFOLIO MANAGEMENT
Active Portfolio Management.
Passive Portfolio Management.
Discretionary Portfolio Management.
Non-Discretionary Portfolio Management.
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