A firm in perfect competition may choose to be open on mondays, typically the slowest day of the week, when their revenues do not seem to be sufficient to warrant doing so because they only have to recover variable costs and to attract price taker.
Many firms don't make money during certain times of the day or week. When you include fixed costs such as the lease for your businesses. What the revenue often does, covers your variable costs. For example, a restaurant may not be making enough to cover its rent but it is making enough to pay for ingredients and labor.
It’s usually because there’s a lot of new information being released that’s pushing the prices up. If you’re not prepared for the new information, you might not be able to sell your product or service in the perfect competition market.
In perfect competition, A firm wants to attract a price taker. Individuals or firms who must take the market price as given are called price takers. A consumer or firm that takes the market price as given has no ability to influence that price. The price is determined by demand and supply in the market—not by individual buyers or sellers. In a perfectly competitive market, each firm and each consumer is a price taker.
TO learn more about A firm in perfect competition here
https://brainly.com/question/23040788
#SPJ4
A firm that markets product with a heavy water content (like beverages) would likely have _____
A firm that markets products with heavy water content (like beverages) would likely have a number of warehouses located near their markets.
A building, or part of one, for the garage of products, products, and so forth, British. A massive retail keep. A constructing, or a part of one, wherein wholesalers maintain huge shares of products, which they display and promote to retailers.
Warehousing is the procedure of storing physical stock for sale or distribution. Warehouses are used by all specific varieties of businesses that need to briefly keep products in bulk earlier than both transport them to other locations or personally to end consumers.
Warehousing is the act of storing goods with the intention to be bought or disbursed later. Even as a small, home-based business might be warehousing products in a spare room, basement, or storage, large businesses generally personal or hire area in a building that is in particular designed for the garage.
Learn more about warehouses here https://brainly.com/question/23941356
#SPJ4
A budget provides a means of allocating resources among competing uses.
a. True
b. False
A budget provides a means of allocating resources among competing uses. This statement is true.
A budget is a detailed plan which shows the financial consequences of operating activities of an organization for a specific future period. A budget acts as a financial model which summarizes the future operations.
Budgets are generally viewed as a core component of planning and control system of an organization.
The budget is defined as formal quantitative expression of the goals of management. The act of making a budget is called budgeting. When the budgets are used to assist management in the controlling process is called budgetary control.
To know more about budget here:
https://brainly.com/question/15683430
#SPJ4
Medicare covers about______of the out of-pocket medical expenses of older people.
a.+80%
b.+50%
c.+25%
d.+10%
Medicare covers about 50% of the out of-pocket medical expenses of older people.
Medicare is our nation's health insurance program for people 65 and under who receive Social Security disability benefits. This program helps with medical costs, but it does not cover all medical costs or most long-term care costs.
Medicare provides health insurance to individuals over 65 or severely disabled, regardless of income. On the other hand, Medical (a state-owned and funded Medicaid program in California) serves very low-income families, pregnant women, and the visually impaired, among others.
Learn more about Medicare here:https://brainly.com/question/1960701
#SPJ4
Policy that is intended to provide skills training for unemployed individuals is primarily intended to reduce?
Policy that is intended to provide skills training for unemployed individuals is primarily intended to reduce frictional unemployment.
Frictional unemployment is the result of voluntary employment transitions within an economy. Frictional unemployment generally occurs in a growing and stable economy.
Workers who are choosing to leave their jobs in search of new ones and workers who are entering the workforce for the first time constitute frictional unemployment.
It does not include workers who remain in their current job until finding a new one.
It contributes to the overall employment picture and is also a part of natural unemployment, which is considered as the minimum unemployment rate in an economy due to economic forces and movement of labor.
To know more about frictional unemployment here:
https://brainly.com/question/13184639
#SPJ4
The law of supply states that as the price of a good declines, the quantity supplied of that good remains the same. decreases. increases. disappears.
The law of supply states that as the price of a good declines, the quantity supplied of that good decreases as well.
What is the law of supply?This economic law states that other things equal, an increase in the price of a product will increase the quantity of it supplied, and conversely for a price decrease directly related.
Hence, the law of supply states that as the price of a good declines, the quantity supplied of that good decreases as well.
Therefore, the Option D is correct.
Read more about law of supply
brainly.com/question/1222851
#SPJ1
Answer:
B. decreases
Explanation:
The law of supply states that as the price of a good declines, the quantity supplied of that good?
An economy producing below potential output is considered to be operating in a(n) ______ gap.
An economy producing below potential output is considered to be operating in a(n) inflationary gap.
An inflationary gap measures the distinction between the cutting-edge stage of actual GDP and the GDP that would exist if an economic system changed into operating at full employment. For the space to be taken into consideration inflationary, the modern-day real GDP has to be better than the potential GDP.
For instance, let's say there's a national economic system that is generating 10,000 gallons of milk in step with week. However, the aggregate weekly demand for milk is 15,000 gallons. This means there is an inflationary gap of five,000 gallons of milk consistent with the week.
Excess demand or inflationary gap is an extra aggregate call for over and above the degree required to keep complete employment equilibrium within the financial system.
Learn more about the inflationary gap here: https://brainly.com/question/18914297
#SPJ1
In which type of business do the owners have protection from losing their personal assets but do not deal with double taxation? corporation limited liability partnership sole proprietorship
A limited-liability company is the business type where the owners have protection from losing their personal assets but do not deal with double taxation.
What is a limited-liability company?In this company, the owners known as member are not personally liable for debts of the company and its earnings are taxed only once and at the personal level thereby eliminating double taxation.
Hence, it is the business type where the owners have protection from losing their personal assets but do not deal with double taxation.
Therefore, the Option B is correct.
Read more about limited-liability
brainly.com/question/13304738
#SPJ1
Answer:
Limited liability
Explanation: just did the quiz
To minimize the risk of theft of consumer remittances, the person who handles and deposits customer payments can also.
To minimize the risk of theft of consumer remittances, the person who manages and deposits customer payments can also. Use of cash registers.
What is a Customer Deposit?A customer deposit is cash settled to a company by a customer, for which the company has not yet provided goods or benefits in exchange. The company has an obligation to provide the displayed goods or services, or to replace the funds.What are customer deposits?
A customer deposit is a prepayment for the investment of future goods and services (unearned revenue). Overpayment of customer invoices (A/R) may also be regarded customer deposits because they are also thought unearned revenues.
To learn more about customer deposit, refer
https://brainly.com/question/24202236
#SPJ4
In the bcg matrix, when a division of an organization has a high relative market share and is in a fast-growing industry, it is called a:________
In the BCG matrix, when a division of an organization has a high relative market share and is in fast-growing industry. It is called a Star.
The BCG growth-share matrix is a device used internally through control to assess the current kingdom of value of a company's units or product lines. The growth-proportion matrix aids the enterprise in figuring out which merchandise or gadgets to either hold, sell, or invest greater in.
BCG matrix (also known as growth-share Matrix) is a portfolio making plans version used to analyse the goods in the business's portfolio in step with their growth and relative marketplace proportion. The model is based totally on the commentary that a corporation's business units can be classified into four classes.
Learn more about BCG matrix here: https://brainly.com/question/26633615
#SPJ4
Long-term disability insurance _____. Select one: a. applies exclusively to nongovernmental employers with over 50 employees b. pays a flat fee for a fixed number of hours of legal assistance each month for disabled employees c. provides continuing income protection for employees who become disabled and are unable to work d. pays for temporary living expenses and moving expenses incurred by disabled employees
c. Long-term disability insurance provides continuing income protection for employees who become disabled and are unable to work.
More about disability insurance:
Purpose of disability insurance is to give income replacement benefits to Covered Persons who become disabled due to illness or injury and are unable to find employment to earn a living.
It provides a monthly disability benefit for a period of time that is significantly longer than STD (for example, to age 65) following the completion of an Elimination Term (EP) that usually coincides with the STD benefit period to ensure that benefits transfer from STD to LTD without any interruption.
Learn more about disability insurance here:
https://brainly.com/question/8989878
#SPJ1
What is the best way for a department supervisor to inform management that one employee outperforms other employees on the team, and deserves a pay increase?
The best way for a department supervisor to inform management that one employee outperforms other employees on the team, and deserves a pay increase is to provide details showing that the employee's performance is in the best interest of the company. Department Supervisors are seen in various companies where they fulfil tasks related to staff and its activity. Activities such as recruiting and training employees, appraising job results, allocating resources, and attending educational opportunities to improve job knowledge.
What is management?Management is the coordination and organisation of tasks to achieve a goal. Such organisatiinal activities include setting the organization's strategy and coordinating the efforts of staff to accomplish these objectives through the application of available resources.
Therefore, the correct answer is as given above.
learn more about management: https://brainly.com/question/26106218
#SPJ1
What percentage of the u.s. gross national product is accounted for by healthcare costs?
The U.S. spends a higher percentage of its GDP on healthcare than any other country (16-17% of GDP).
GDP on HealthcareThe National Health Expenditure Accounts (NHEA) are the official calculations of total health care spending in the U.S. Dating back to 1960, the NHEA measures annual United States expenses for health care goods and services, public health activities, government management, the net cost of health insurance, and asset related to health care. The information is presented by type of assistance, sources of funding, and type of sponsor.
U.S. health care spending rose 9.7 percent in 2020, acquiring $4.1 trillion or $12,530 per person. As a percentage of the nation's Gross Domestic Product, health expenditure accounted for 19.7 percent.
To learn more about Gross Domestic Product visit the link
https://brainly.com/question/14768180
#SPJ4
Under armour developed dynamic advertising, sponsorships of sports leagues, a creative web site and celebrity spokespeople to promote their sports and clothing products. under armour is engaged in:___.
Under armor developed dynamic advertising, sponsorships of sports leagues, a creative web site and celebrity spokespeople to promote their sports and clothing products. under armor is engaged in Integrated Marketing Communications. The process of merging marketing communication components including public relations and social media is known as integrated marketing communication (IMC).
Audience analytics, business development principles, and advertising into a brand identity that is consistent across multiple media channels. As previously stated, Integrated Marketing Communications can coexist with the five primary communication tools. Coke's share a coke with' campaign, which used unified messaging across TV, Social, Outdoor, and Display, led to a 7% increase in Coke consumption.
To learn more about advertising, click here.
https://brainly.com/question/3163475
#SPJ4
With a organizational structure groups that are performing similar tasks may be at risk of duplicating their work and they may also compete for shared resources?
With a organizational structure groups that are performing similar tasks may be at risk of duplicating their work and they may also compete for shared resources is in the divisional structure.
In a divisional structure, many teams work alongside each other toward a single, common goal. Each of these divisions has an executive manager who manages how that branch operates, controls its budgets and allocates its resources.
Large companies do generally employ divisional structure because they have different divisions.
One example of the divisional structure is a car company which separates its company into SUV or sedan vehicle branches. While each branch has its own function, they all work toward the same goal of making a sale. This is known as the multi-divisional structure.
To know more about divisional structure here:
https://brainly.com/question/27337527
#SPJ4
If $300 is invested at a rate of 6% per year and is compounded quarterly, how much will the investment be worth in 12 years? use the compound interest formula a equals p times the quantity 1 plus r divided by n end quantity raised to the power of n times t.. $145.23 $358.69 $613.04 $618.41
$613.04 will the investment be worth in 12 years.
What is investment?The dedication of an asset to achieve a gain in value through time is referred to as investment. Investment necessitates the sacrifice of a current item, such as time, money, or effort. The goal of investing in finance is to earn a return on the invested asset.
Income investing is an investment approach that focuses on constructing an investment portfolio that is expressly designed to provide recurring income. The income investing strategy's main goal is to generate a consistent stream of income.
The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which considers aspects such as age, financial history, circumstances, and investment aspirations.
To know more about investment follow the link:
https://brainly.com/question/25300925
#SPJ4
Answer:
C.613.04
Explanation:
I took the math exam
The amount of a good or service that consumers are willing and able to purchase at a specific time is the:_______
The amount of a good or service that consumers are willing and able to purchase at a specific time is the demand.
What is demand?In economics, demand is the amount of a good that consumers are willing and able to buy at different prices over a certain time period. The demand curve is the relationship between price and quantity demand.
A shift in demand reflects a shift in consumer willingness to purchase a specific commodity or service, regardless of price variance. A shift in income levels, consumer choices, or a different price for a related product could be the catalyst for the change.
According to the rule of demand, as the price of a thing falls, so does the quantity requested for that good.
To learn more about demand from the given link:
https://brainly.com/question/1245771
#SPJ4
Decisions by depositors to increase their holdings of ________, or of banks to hold excess reserves will result in a ________ expansion of deposits th
Decisions by depositors to increase their holdings of currency, or of banks to hold excess reserves will result in a smaller expansion of deposits. The technique through which banks make more money by using money that has already been deposited is known as deposit expansion.
The money grows because it enters the economy again when banks lend it out. Deposits in a bank do not enhance the total amount of money available before they are lent out. The amount deposited doesn't actually change; just the content of the monies does. Only when funds that have been deposited are loaned out does money actually exist.
To learn more about deposits, click here.
https://brainly.com/question/14306098
#SPJ4
While conducting a security self-assessment of his personal laptop use, vann realizes that he is putting himself at risk by _____.
While conducting a security self-assessment of his personal laptop use, Vann realizes that he is putting himself at risk by putting off installing available software updates that he has been notified about.
A self-assessment is a personal review performed to identify elements that can be improved or exploited to achieve certain predefined goals.
Self-assessment is the act of reading and evaluating oneself or one's actions: evaluation of oneself.
The reason for a self-assessment is to assist an individual to recognize the number of their skills and enhance them.
learn more about self-assessment here
https://brainly.com/question/26640332
#SPJ1
As a golf club production company produces more clubs, the average total cost of each club produced decreases. this is because:_____.
As a golf club production company produces more clubs, the average total cost of each club produced decreases. this is because there are scale economies.
Economies of scale are the benefits you get from growing your business. For example, businesses can benefit from economies of scale associated with bulk purchases. By purchasing large quantities of products at once, we were able to lower unit prices than our competitors.
Economies of scale occur when a company benefits from the scale of its operations. There are many efficiencies to be gained as the company grows. For example, serving 1,000 customers in a restaurant is much cheaper and more efficient than serving one.
Learn more about scale economies here:https://brainly.com/question/780900\
#SPJ4
What are the implications of using the company-wide cost of capital when the firm has multiple operating divisions with different risk levels?
A company-wide rate would be determined from the average risk of the whole firm.
If a multidivisional firm uses a company-wide cutoff rate, this rate will be too high for low-risk divisions and too low for high-risk divisions. The firm will accept only bad high-risk projects and reject good low-risk projects.
It is therefore become necessary to estimate divisional cutoff rates which will reflect the risk of each division. In addition to this because this process involves political rivalries within the firm the approach of company wide rate is used to justify ,these rates must be as comprehensible as possible.
This issue is concerned with any firm with two or more divisions that differ in risk from each other. As each division considers different investment opportunities, it must use a cost of capital to evaluate the effects of expected cash flows in differing time periods. This interest rate is also called a "cutoff" rate.
To know more about cost of capital here:
https://brainly.com/question/15521018
#SPJ4
When comparing alternatives with different cash flow amounts paid in different time periods, you should convert all of the amounts to their ____________ to make a better comparison.
Cash flow amounts paid in different time periods, you should convert all of the amounts to their Present value to make a better comparison.
Present value with prevailing discount rate make comparison better while evekuating different alternatives which involve different cash flow in different time period.
Cash waft refers to the internet stability of cash getting into and out of a enterprise at a selected factor in time. cash is constantly moving into and out of a enterprise. as an example, while a store purchases inventory, cash flows out of the commercial enterprise in the direction of its suppliers.
Cash waft from operations is created from expenses made as a part of the everyday course of operations. Examples of those coins outflows are payroll, the value of goods offered, lease, and utilities. cash outflows can vary drastically whilst enterprise operations are fantastically seasonal
Learn more about cash flow here:-https://brainly.com/question/735261
#SPJ4
Roberta santos, age 41, is single and lives at 120 sanborne avenue, springfield, il 60781. Her social security number is 123-45-6789. Roberta has been divorced from her former husband, wayne, for three years. She has a son, jason, who is 17, and a daughter, june, who is 18. Jason?s social security number is 111-11-1112, and june?s is 123-45-6788. Roberta does not want to contribute $3 to the presidential election campaign fund. Roberta, an advertising executive, earned a salary from abc advertising of $80,000 in 2018. Her employer withheld $9,000 in federal income tax and $3,100 in state income tax. Roberta has legal custody of jason and june. The divorce decree provides that roberta is to.
The divorce decree provides that roberta is to pay state income tax.
What is state income tax?In addition to the federal income tax collected by the United States, the majority of individual states in the United States collect a state income tax. Some municipal governments also levy an income tax, which is frequently based on state income tax calculations. Individual income taxes are levied in 42 states and many localities around the United States.
The federal government collects federal income taxes, whereas individual states collect state income taxes where a taxpayer lives and generates income.
A state income tax is a direct tax imposed by a state on income produced within or outside of the jurisdiction. It may mean all of your money earned anywhere in your state of residence. Like federal tax, state income tax is self-assessed, which means taxpayers file required state tax returns
To know more about state income tax follow the link:
https://brainly.com/question/1775528
#SPJ4
Explain the mainstream theory of the business cycle. the mainstream business cycle theory is that ______ grows at a steady rate while ______ grows at a fluctuating rate.
Explain the mainstream theory of the business cycle. The mainstream business cycle theory is that potential GDP grows at a steady rate while aggregate demand grows at a fluctuating rate.
The most recent iteration of the traditional idea of economic fluctuations is real business cycle theory. It assumes that the rate of technological advancement is subject to significant random fluctuations. People sensibly adjust their levels of labor supply and consumption in response to these swings.
Real business cycle theory is a group of new classical macroeconomic models where real shocks are used to explain business cycle fluctuations. Owners can make wise business judgments by comprehending business cycles. They can guess when to brace for a downturn and seize an expansion by keeping an eye on the economy's health and paying heed to recent economic forecasts.
Learn more about business cycle theory here
https://brainly.com/question/11856393
#SPJ4
In a promotion mix, ________ occurs when firm's sales force make individual presentations to consumers for the purpose of making sales and building customer relationships.
In a merchandising blend, Personal purchaser interactions occurs while firm's income pressure make individual presentations to purchasers.
Relationship advertising refers to the advertising strategy of cultivating extra significant relationships with customers to make certain long-time period pleasure and emblem loyalty. relationship advertising is not approximately short-term wins or sales transactions — alternatively, it focuses on delighting customers for the lengthy haul.
The marketing helps inform consumers and business clients about the employer's products and services. ultimately, income reps call on customers or business customers to close the deal. Small organizations can also use either extra advertising or extra promoting, which in large part relies upon upon the nature of the agencies.
Three keys to building consumer family members:
apprehend and meet your customers' hierarchy of wishes. You can not create an real, long-lasting connection without information the alternative person. Prioritize consistency specially else. spend money on emotional connections, no longer just purchaser pleasure.learn more about customer relationships here: https://brainly.com/question/25656282
#SPJ4
In terms of economic costs to society, --------------------crimes are considerably higher than ---------------------------crimes
In terms of economic costs to society, white-collar crimes are considerably higher than conventional crimes.
Colloquially, a crime is an offense punishable by a state or other authority. The term crime does not have a simple, generally accepted definition in modern criminal law, but a statutory definition is provided for specific purposes. The most common view is that crime is a category created by law.
In other words, something is a crime if it is so declared by the relevant applicable law. The proposed definition is that a felony or misdemeanor (or crime) is an act (a "public malpractice") that harms not only an individual but also a community, society, or nation. Such actions are prohibited and will be punished.
The idea of banning acts such as murder and theft exists worldwide. What exactly constitutes a criminal offense is defined by each jurisdiction's criminal law. Many countries have a catalog of crimes known as criminal law, but some common law countries do not have such a comprehensive law.
Learn more about Crime here:https://brainly.com/question/6203610
#SPJ4
The government controls many or most factors of production in which economic system?.
Government Controls Production in Command Economy.
What is the economic command?When the government has complete control over the economy and the means of production, the economy is referred to as a command or planned economy. In a command economy, decisions on what to create, how to make it, and how to distribute it within the economy are made by the government.In a command economy, the government has complete authority over the economy it oversees. The government regulates wages and prices. There are few property rights, important companies and industries owned by the government, and active black markets.Supply and demand factors, which determine what, how much, and at what price goods and services should be produced, are not allowed under a command economy. Instead, all economic activities are planned, coordinated, and under the direction of a single government, which discourages market competition.Government Controls Production in Command Economy.
To learn more about command economy, refer to:
https://brainly.com/question/1362251
#SPJ4
In the context of the seller-side marketplace model, _____ prevents purchases from suppliers that are not on the approved list of sellers.
In the context of the seller-side marketplace model, E- procurement prevents purchases from suppliers that are not on the approved list of sellers.
The practice of requesting, ordering, and buying goods and services online is known as electronic procurement, often referred to as e-procurement or supplier exchange. It involves business to business transactions.
E-procurement, which entails using an electronic system or systems to purchase products, works, and services from third parties, is essential to the evolution of procurement processes as a whole. This includes, but is not limited to, the following E-tendering Web-based method for sourcing tenders.
Learn more about E-procurement here
https://brainly.com/question/24319317
#SPJ4
Anita is a new buyer. luckily, ______ will help her before the sale and can reimburse her after the sale if a title issue arises.
Anita is a new buyer. luckily her title insurance will help her before the sale and can reimburse her after the sale if a title issue arises.
Insurance is a manner to manage your risk. whilst you buy insurance, you buy protection in opposition to unexpected financial losses. The insurance company pays you or someone you choose if something awful takes place for you. when you have no coverage and an accident occurs, you'll be answerable for all related costs.
The six maximum commonplace types of car insurance are automobile legal responsibility coverage, uninsured and underinsured motorist coverage, comprehensive insurance, collision insurance, clinical bills, and personal damage protection.
Amongst country-wide insurers, USAA has the most inexpensive fees, at $36 per month, with country Farm in 2d location, at $44 consistent per month. The cheapest nearby employer is Farm Bureau, at $39 according to month.
Learn more about the insurance here: https://brainly.com/question/25855858
#SPJ1
The purpose of a situation analysis is to evaluate a firm's ________.
It examines a business's current and potential customers and how they respond to the company's products and services.
What is customers?A customer is the beneficiary of an item, service, product, or idea - gained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration - in sales, business, and economics.
A client is defined as someone who purchases goods or services from a store, restaurant, or other retail seller. A customer is someone who goes to an electronics store and purchases a television.
A client is defined as someone who purchases goods or services from a store, restaurant, or other retail seller. A customer is someone who goes to an electronics store and purchases a television.
To know more about customers follow the link:
https://brainly.com/question/380037
#SPJ4
In, age 50, recently bought an annuity that will pay a guaranteed $2,000/month at age 70 for life. What type of annuity did n purchase?
N purchased the fixed deferred annuity.
How fixed deferred annuities function?You get a guaranteed interest rate for a specific period of time when you buy a fixed deferred annuity. You'll be presented with a new interest rate for a new time period when that one expires. Most fixed annuity contracts specify a minimum interest rate as a guarantee that you will never get less interest than that amount.
When it's time to start receiving payments from your annuity, you can either take money out of your contract or choose from a variety of choices for structuring an income that is guaranteed for your lifetime, a specific amount of time, for joint lifetimes, and/or to support beneficiaries.
Learn more about fixed deferred annuity with the help of the given link:
brainly.com/question/14516939
#SPJ4