Manfred can hire 5 workers to maximize profits as the products are sold for $6 each and there is enough production in an hour to hire 5 workers.
What is a worker?Worker is an employee who works for the company, the worker is also called a labor. Labor is paid on an hourly rate, or sometimes a piece of rate is paid in which the labor is paid as much as much production is done or in other words the units are made.
If Manfred hires 5 workers each will be paid $11 per hour, if the worker works for 7 hours a day the total pay for a worker is $77 per day per employee.
The total wages for the 5 workers will be $385 ($11/hour * 7 hours a day * 5 workers).
The total for the month assuming 22 working days will be $8,470 ($11/hour * 7 hours a day * 5 workers * 22 Days)
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Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called.
Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called Universal Basic Income
What Is Universal Basic Income (UBI)?
Universal basic income (UBI) is a government program in which every adult citizen receives a set amount of money regularly. The goals of a basic income system are to alleviate poverty and replace other need-based social programs that potentially require greater bureaucratic involvement. The idea of universal basic income has gained momentum in the U.S. as automation increasingly replaces workers in manufacturing and other sectors of the economy .
Momentum for UBI
Universal basic income received considerable attention during the first stage of the 2020 presidential campaign after entrepreneur and former Democratic candidate Andrew Yang made the idea a cornerstone of his campaign. Yang’s “Freedom Dividend,” as he called it, would give every American over the age of 18 a $1,000 check every month. Those enrolled in federal assistance programs could continue to receive those payments or opt for the Freedom Dividend instead.
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When a central bank prints money to pay government debts, causing rising prices that erode the purchasing power of money held by the public, it is called a(n):_________
When a central bank prints money to pay government debt, causing rising prices that erode the purchasing power of money held by the public, it is called an inflation tax.
Inflation is the rate of increase in prices over a given time period. Inflation is normally a broad measure, which includes the overall increase in expenses or the increase in the price of living in a country.
Prices increase when the government prints too much cash. Excessive growth inside the cash supply always leads to inflation. A standard increase in costs and fall in the purchasing value of money. Inflation drives up prices and drives down the value of money.
Inflation can reduce the value of debt, in case your wages keep pace with inflation. It is possible to have inflation with no increase in income. In this case, it is tougher to repay your debt. Your earnings are the same, but you need to spend extra on buying goods leaving much less disposable income to pay your debt.
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What would you predict about the demand elasticities for these two types of consumers?
B. Addicts will have more inelastic demand; their level of consumption will be less responsive to price changes.
For example, when there is a relationship between changes in quantity demanded and the price of a good or service, the elasticity is called the price elasticity of demand. There are two other main types of elasticity of demand. That is, the income elasticity of demand and the cross elasticity of demand.
The question is incomplete. Please read below to find the missing content.
Question: Suppose that the market for crack cocaine consists of two types of users, addicts, and casual users. Casual users only use the drug occasionally, whereas addicts go to much greater lengths to make sure they have some of it readily available whenever they feel the need to consume it.
What would you predict about the demand elasticities for these two types of consumers?
A. Addicts and casual users are both likely to have very elastic demand.
B. Addicts and casual users are both likely to have very inelastic demand.
C. Casual users will have more elastic demand; their level of consumption will be less responsive to price changes.
D. Addicts will have more inelastic demand; their level of consumption will be less responsive to price changes.
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The current price in the market for milk is $2.00 if the government imposed a price floor of $4.00 in this market total surplus would ____________.
The current price in the market for milk is $2.00 if the government imposed a price floor of $4.00 in this market total surplus would increase.
What is total surplus?A market's overall surplus serves as a gauge for the general well-being of all members. Combined consumer and producer surplus make up this amount. Consumer surplus is the gap between what customers are prepared to pay and what they actually pay for a good. Consumer advantages are quantified economically as consumer surplus. The economic concept of marginal utility, which is the additional enjoyment a customer receives from purchasing one more unit of an item or service, serves as the foundation for consumer surplus.When customers pay less for a good or service than they are willing to, this is known as a consumer surplus. It measures the extra benefit that consumers get from paying less for something than they would have been prepared to.
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Genuineness, or reality, of agreement is said to be present in a contract when there is:_______.
Reality of contract of an agreement is said to be present in a contract when there is genuineness.
When there is true meeting of minds or reality of agreements is the genuineness. Fraud charges are proven wrong only if they are in a written form of contract.
Be it spoken or act of conduct it cannot be stated as a fraud without any consent present information. They are not backed by fraud cloud, misrepresentation, undue influences and mistakes. It is definite and claim which is fairly straight forward in contracts. Reality emerges if the contract is fulfilled on time with due influence.
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Westside,+incorporated+owns+15%+of+innsbrook's+common+stock.+this+year,+westside+generated+$50,000+operating+income+and+received+$20,000+dividends+from+innsbrook.+westside's+taxable+income+is:
Westside's taxable income is $60,000.
Westside, Inc. owns 15% of Inns brook's common stock. This year, the Westside generated $50,000 and received $20,000 dividends from Inns brook. Thus, Westside's taxable income is $60,000.
Taxable Income = $50,000 + ( $20,000*0.5) = $60,000
Taxable income is the part of an income which is subject to taxation. This can be the income of an individual or an organization.
The company which receives the dividend from another company can claim the Dividend Received Deduction (DRD). The DRD allows to deduct that dividend from its income and reduce its income tax accordingly.
Hence, the Westside's taxable income is $60,000.
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A __________________ often results in an outflow of financial capital leaving the domestic economy and being invested in the global economy?.
A trade deficit often results in an outflow of financial capital leaving the domestic economy and being invested in the global economy
What is trade deficit?A country has a trade surplus or positive trade balance if it exports more than it imports; on the other hand, a country has a trade deficit or negative trade balance if it imports more than it exports. About 60 of the 200 countries as of 2016 had a trade surplus.
The majority of trade specialists and economists dispute the idea that bilateral trade imbalances are undesirable in and of themselves.
The difference between the monetary value of a country's exports and imports over a specific time period is known as the balance of trade, commercial balance, or net exports (often denoted as NX).
A distinction between a trade balance for products and one for services is occasionally drawn. A flow of exports and imports over a specific time period is measured by the balance of trade. The term "balance of commerce" does not necessarily imply that exports and imports are "equally balanced."
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Profits the company keeps and reinvests in the firm are called ______.
a. retained earnings
b. net profits
c. advanced capital
d. gross profits
Profits the company keeps and reinvests in the firm are called a. retained earnings.
Retained earnings is the amount of profit left by a company after paying all direct costs, indirect costs, income taxes, and dividends to shareholders. This represents a portion of the company's equity that can be used to invest in new equipment, research and development, and marketing, for example.
Retained Earnings is a term used to describe a company's past profits that have not been paid out as dividends. Appears in the equity section of the balance sheet. This is a measure of all profits the company has made since its inception.
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Individuals without health insurance have to pay more for comparable services because they do not have the advantage of sharing costs as part of a pool of consumers
a. True
b. False
help please
The difference between economic and political freedom is that
A.
economic freedom allows for the private ownership of resources with the ability to exchange them, while political freedom implies that the government can own property and exchange it in the market system too.
B.
economic freedom allows for only public ownership of resources with the ability to exchange them while political freedom implies no government interference in the market place.
C.
economic freedom allows for the private ownership of resources with the ability to exchange them, while political freedom allows citizens to democratically select the nation's leaders.
D.
economic freedom allows for the private ownership of resources with the ability to exchange them, while political freedom implies no government interference in the market place.
Answer:C
Explanation:
Where do you pay a bill by credit card when the bill was not entered through the enter bills window?
To pay the bill by credit card when the bill was not entered through the enter bill window -The pay bill windows on the Home window are used to pay a bill by credit card.
Write check window is used to pay sales tax,payroll taxes and when paying bill track with accounts payable.
Credit cards let you borrow money from a bank below the agreement that you will pay off it by way of your bill's due date or incur interest fees.
A credit card is a kind of credit facility, provided through banks that allow customers to borrow finances inside a pre-authorized credit score restriction. It enables clients to make buy transactions on goods and services.
A credit score card loan works like a personal mortgage from a bank, with cash deposited at once into your financial institution account and repaid in month-to-month installments.
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The cost method that will yield an ending inventory that is closer to current prices is the________.
The cost method that will yield an ending inventory that is closer to current prices is the FIFO inventory cost method.
What do you mean by cost method?
Certain investments are recorded using the cost method of accounting in a company's financial statements. When an investor owns an investment and has little or no control over it, which is often expressed as owning less than 20% of the company, they adopt this strategy.
What is FIFO and LIFO method?
The Last-In, First-Out (LIFO) approach is predicated on the idea that the most recent or most recent unit to enter inventory gets sold first. The oldest unit of inventory is supposed to be sold first according to the First-In, First-Out (FIFO) technique.
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One of the elements of ergonomics is: the establishment of time standards. designing tools and machines that facilitate human work. assembly line balancing. allocating work time based on economic studies. the cost justification of technology.
One element that is found in ergonomics is designing tools and machines that facilitate human work.
What is ergonomics?Ergonomics refers to research and studies that look at people when they are working in order to find out better ways of increasing production.
One way that is popular in this regard is introducing machines and tools that would be a good fit for workers to be able to facilitate their work and improve production levels.
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Which advertising agenc specialist is responsile for acting as the voice of the consumer in creating effective advertising?
The account planner advertising agency specialist is responsible for acting as the voice of the consumer in creating effective advertising.
Each campaign's strategic direction is driven by the account planner, who also makes sure that the creative work not only suits the brand but is also strategically targeted. Although the Account Planner plays a crucial function, many agencies assign account planning duties to the Account Manager or Director.
Their main duty is to manage each client account specifically. They are not directly involved in the creation of the advertising, although working closely with the creative team throughout this process. Additionally, they create and deliver reports to the advertising team about the campaign's expenditures.
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A business’ success depends on four key factors: financing, location, management, and _____. a. opportunity costs b. retail sales c. competition d. employment opportunities please select the best answer from the choices provided a b c d
A business's success depends on four key factors: financing, location, management, and competition.
What is business?The practice of earning a living or generating revenue via the production, acquisition, and sale of items is known as business (such as goods and services).Additionally, it includes "any activity or enterprise undertaken for profit."The owner of the business is responsible and liable for any obligations made by the business since the business entity is not legally distinguished from the owner by the use of a business name.What do you mean by Competition.Competition is uncertainty as to how to ensure survival. Competition can arise between entities such as organisms, individuals, economic and social groups, etc. The rivalry can be over the attainment of any exclusive goal, including recognition: (e.g. awards, goods, mates, status, prestige), leadership, market share, niches, and scarce resources, or a territory.Learn more about business here:
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Discuss which financial management practices are least effective in creating and monitoring an operating budget?
The financial management practices which are least effective in creating and monitoring an operating budget include top down/bottom up budgets, poor inventorying, lack of control, over control, and lack of staff investment.
In business, financial management includes the practice of making a business plan and then ensuring that all departments which falls under it stay on track and work properly.
Creating and monitoring an operating budget for the national government involves four distinct processes which are, budget preparation, budget authorization, budget execution and accountability.
Hence, the operating budget helps in keeping track of the income and expenses in an organization.
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Mardee represented condo owner carol, and they signed an exclusive agency listing agreement. If carol found her own buyer, would she owe mardee a commission?
If carol found her own buyer, would she owe mardee a commission option (c)i.e, No, because Carol found her own buyer.
A sales commission is a payment made to an employee after they successfully complete a task, typically selling a predetermined volume of goods or services. Sales commissions are a common incentive used by employers to boost employee productivity. A commission can be paid instead of or in addition to a salary.
Employers provide a commission to entice workers, increase productivity, increase sales, and draw in new clients. In many areas, like the automotive and real estate sectors, commission-based pay is the norm for sales and marketing positions.
The complete question is:
Mardee is representing Carol in the sale of her condo, and they've signed an exclusive agency listing agreement. If Carol finds her own buyer, does she owe Mardee a commission?
a.)No, because Carol is not a real estate licensee.
b.)Yes, because they have an exclusive agency listing agreement.
c.)No, because Carol found her own buyer.
d.)Yes, but she only owes the listing commission.
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December 28 sold the 4 million shares of treasury stock at $36 per share what amount should llama report as additional paid-in capital in its december 31, 2021, balance sheet?
The amount should llama reported as additional paid-in capital on its December 31, 2021, balance sheet is $ 104 million.
Llamas are smart and easy to train. Llamas have been used in North America since the 1980s as guard dogs for livestock such as sheep and alpacas. Little training is required to become an effective Guardian.
Tibetan monks are 'llamas' and Andean animals are 'llamas'. Both are pronounced the same in English, but Castilian Spanish speakers pronounce the animal's name "YAH-much."
Sexually intact male llamas and alpacas are called stallions (Spanish for macho) and neutered males are called geldings. Women are called Hembra in Spanish. Newborns and boys up to 6 months old and boys are called this in the local Quechua language.
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Rogoff co.'s 15-year bonds have an annual coupon rate of 9.5%. each bond has face value of $1,000 and makes semiannual interest payments. if you require an 11% nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond?
Maximum sum willing to pay the bond is $891.00.
What is a bond?Bonds are fixed-income securities that reflect loans from investors to borrowers (typically corporate or governmental). A bond can be compared to an agreement outlining the terms of the loan and the associated payments between the lender and borrower. Companies, municipalities, states, and sovereign governments utilize bonds to finance operations and initiatives. Bondholders are the issuer's debtors or creditors.Given, we have :
Face Value = $1,000
Annual Coupon Rate = 9.50%
Time to Maturity = 15 years
yield to maturity = 11%
We know that Semiannual Coupon Rate will be = 4.75% .
So, Semiannual Coupon will be = Semiannual Coupon Rate × Face Value.
Semiannual Coupon = 4.75% × $1,000 = $47.50.
Semiannual Period will be for 15 year = 30
Semiannual yield to maturity will be here YTM = 5.50%
Current Price = Semiannual Coupon × [tex]\frac{1-(\frac{1}{1+r}) ^{t} }{r}[/tex][tex]+ \frac{f ae value}{(1+r)^{t} }[/tex]
Putting the values and solving further, we get:
Current Price = $891.00.
Therefore, Maximum sum willing to pay the bond is $891.00.
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Denials can occur as a result of errors that occur at various points in the revenue cycle. Identify at least one error that can occur at the beginning, middle and end of the revenue cycle. Each error must be different and related to each phase of the revenue cycle. Recommend steps that can be implemented to rectify each error identified and include in your recommendation how data analytics can be utilized to help with the solution. Remember to support your initial response with at least one additional outside sources (other than your textbook and the videos). At least one of your response posts should contain at least one additional outside resource. See Syllabus Part 2 for details related to length of posts and acceptable outside resources.
subject: HCMG 750
Answer:
Hi bro
Explanation:
Mark and martha have normal weights for their age and height. if martha is like most women, her basal metabolic rate is: identical to mark's. higher than mark's. lower than mark's.
Mark and Martha have normal weights for their age and height. if Martha is like most women, her basal metabolic rate is: identical to mark's. higher than mark's option(c) i.e, lower than mark's.
The rate at which endothermic creatures burn energy per unit of time while at rest is known as the basal metabolic rate. It is expressed in watts, milliliters of oxygen per minute, or joules per hour per kilogram of body mass, or J/. A stringent set of requirements must be met for proper measurement.
A typical man's BMR is about 7,100 kJ per day, whereas a typical woman's BMR is about 5,900 kJ per day. Although energy use is constant, the rate changes during the day. Early in the morning is often when energy use is lowest.
The percentage of muscle mass, fat mass, and activity level that is expended each day account for about 90% of it. Although women's metabolisms do tend to be slower than men's, this tendency is mostly due to differences in body size and muscle mass, not gender. Someone who has more muscle and less fat is likely to have a healthier metabolism.
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Sheridan company has beginning and ending raw materials inventories of $84000 and $100000, respectively. if direct materials used were $110000, what was the cost of raw materials purchased?
The cost of raw materials purchased would be of $126,000.
The cost of raw materials purchased is computed below:
Ending raw materials $100,000
Less: Beginning raw materials $84,000
Increase in raw materials $16,000
Direct materials used $110,000
Raw materials purchased $126,000
Increase in raw materials is found by minus from ending raw materials and less beginning raw materials-
$100,000 - $84,000 = $16,000
Thus, in order to find the cost of raw materials purchased, add Increase in raw materials to direct materials used, that is,
$16,000 + $110,000 = $126,000.
Raw Materials Inventory is one of the types of inventory that can be found on the financial statements of manufacturing companies. Thus, Direct materials are materials which are specifically traceable to the inventories available for sale.
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If the U.S. government's budget deficits are increasing aggregate demand, and the economy is producing at a level that is substantially less than potential GDP, then:
If the U.S. government's budget deficits are increasing aggregate demand, and the economy is producing at a level that is substantially less than potential GDP, then the central bank might react with an expansionary monetary policy.
An economy is the area of production, distribution, trade and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.
Economics is defined as the management of community, business, or family financial matters. An example in economics is the US stock market system. There are three main types of economies: free market, command economy, and mixed economy.
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An inspection plan that judges products as acceptable or unacceptable, good or bad, is known as?
The goods are inspected for their quality and it is also known as Quality control, product quality inspection.
What is Inventory?Inventory is the product that the company manufactures and sells for which it receives revenue and generates profits. The inventory is manufactured by manufacturing companies and then sold in the meanwhile there is a long list of procedures that are performed to ensure the quality goods.
The goods are manufactured with all the safety protocols with a good quality raw material and when the product is ready then the quality check is done on the inventory and according to the quality these goods or inventory or products are marked and if they are under the quality guidelines then the products are rejected.
Quality control is a major and important task in a manufacturing company because the quality of the goods depend on the customer reviews and most importantly future sales.
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. in the long run, profits will equal zero in a competitive market because of a) constant returns to scale. b) identical products being produced by all firms. c) the availability of info
In the long run, profits will equal zero in a competitive market because of identical products being produced by all firms.
In a perfectly competitive market, firms can only experience profits or losses in the short run. In the long run, profits and losses are eliminated because an infinite number of firms are producing infinitely divisible, and identical products.
Firms in a perfectly competitive world earn zero profit in the long-run. While firms can earn accounting profits in the long-run, they cannot earn economic profits. Thus, only excess profits are wiped out by competition.
Hence, the answer was given and explained above.
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As the price of a product increases, people purchase __________. This is because they are able to find __________ for the product in question. These changes create movement along the demand curve.
As the cost of an item increments, individuals buy less. This is on the grounds that they can track down a high cost for the item being referred to. These progressions provoke development along the demand curve.
The law of interest predicts that when costs rise, clients become less inclined to purchase that thing, demand declines, and the demand curve asides.
It indicates that as costs fall, demand rises for that thing, and the exciting twist swings aside. The interesting twist, which frames the improvement of a thing or organization's sum required and its expense, is a visual depiction of the interest plan.
The maxim "sum mentioned" is used in monetary issues to suggest the general measure of a thing or organization that clients demand throughout a specific time span. Not permanently set up by the cost of a thing or organization watching out.
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Mr. troy samson wants to buy stocks of a local retail company. he needs some help with market research and financial planning for the venture. mr. samson should contact a(n)?
According to the research, the correct option is securities brokers. Mr. Samson should contact a securities broker that will help with market research and financial planning for the venture.
What are securities brokers?They are the securities intermediaries that act as members of a stock exchange and can intermediate shares and any other type of securities between the broker and the investor who is interested in buying or selling.
He stands out for having extensive knowledge in finance and playing an active and important role in the stock market where he guides and advises his clients on finances so that they can obtain the best possible returns.
Therefore, we can conclude that according to the research, Mr. Samson should contact a securities broker that will help with market research and financial planning for the venture.
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The nation of cropitia has a comparative advantage over bonovia in producing ham if?
The nation of Croatia has a comparative advantage over Bono via in producing ham if Croatia's opportunity cost of producing a pound of ham is less than 0.8 pounds of cheese.
In a country, where the opportunity cost of producing a particular product is lower than that country has a comparative advantage in the production of a good.
For instance, if a country is skilled at making both cheese and ham, they determine how much labor goes into producing each good. If it takes one hour of labor to produce 10 units of ham and one of labor to produce 20 units of cheese, then this country has a comparative advantage in making cheese.
Hence, the answer is given and explained above.
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What is next year's expected cash flow if there is a 50/50 probability that it will be either $250 million or $750 million?
Expected cash flow = 0.5 × $250 million + 0.5 × $750 million
= $500 million
What is the expected future cash flow?
The cash flow that a corporation or investor anticipates before a project even starts. It is possible for the actual cash flows received to exceed or fall short of the anticipated future cash flows. They are frequently assessed using their present value.
What is the most useful information in predicting future cash flow?
The strongest predictor of the capacity to produce favorable cash flows is typically thought to be informed about the financial effects of cash receipts and cash payments.
How do you explain cash flow analysis?
A company's working capital, or the sum of money available to carry out transactions and manage corporate activities, is determined by a cash flow analysis. That is determined by subtracting current obligations from current assets (cash or near-cash assets, such as notes receivable) (liabilities due during the upcoming accounting period).
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A bond is the issuer's written promise to pay the _____________ of the bond with interest.multiple choicemarket valuepar valueinterest value
A bond is the issuer's written promise to pay the par of the bond with interest. multiple choice market value par value interest value.
A bond is the issuer's written promise to pay the par value of the bond plus interest. The face value of a bond, also known as face value or face value, is paid on a specific future date known as the bond's maturity date. For most bonds, the issuer is required to pay interest semi-annually.
In the contract between the borrower (company) and the lender (investor), the borrower pays the specified amount of interest for each period and promises to repay the principal on time.
A bond agreement is a legal document that sets out the rights and obligations of both parties. Issuing company and creditor. It is intended to address all issues related to bond issuance, including: As collateral and call charges.
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