If monopolistic competitors must expect a process of entry and exit like perfectly competitive firms, they will be unable to earn higher-than-normal profits in the long run.
What is a monopolistic competition?A monopolistic competition is an industry that is a market where there ae many competing supplier of differentiated goods. Goods sold in a monopolistic competition are substitutes for one another. The barriers of entry into the industry is low. An example of monopolistic competition are restaurants.
A perfect competition is an industry where there are numerous buyers and sellers of identical goods and services. The market share of sellers is so low that the sellers are not able to influence the price at which the goods are sold in the market. Firms that operate in a perfectly completive industry earn zero economic profit due to no barriers to the entry and exit of firms into the industry.
Here are the options:
A. they will be unable to earn higher-than-normal profits in the short run. O B. they will wish to cooperate to make decisions about what price to charge.
OC. they will wish to cooperate to make decisions about what quantity to produce.
O D. they will be unable to earn higher-than-normal profits in the long run.
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If preble had purchased 174,000 pounds of materials at $8.50 per pound and used 160,000 pounds in production, what would be the materials quantity variance for march?
Material quantity variance
= (Actual quantity - Standard quantity) [tex]*[/tex] Standard price
= (180,000 - 155,000) [tex]*[/tex] $7.20
= $180,000 favorable
Materials quantity variance for march would be $180,000 pounds.
What is materials quantity variance?
The materials quantity variance concentrates on the number of materials utilized in production. A materials quantity variance approximates the actual and expected direct material utilized in manufacturing a product. It exists described as the distinction between the actual quantity of materials utilized in production and budgeted materials that should have been utilized in production based on the standards.
Materials quantity variance exists calculated by approximating the actual quantity of materials utilized with the standard quantity of material permitted, both priced at standard cost. If the actual quantity utilized exists more than the standard quantity authorized to have a certain number of units, the variance exists named unfavorable materials quantity variance.
Material quantity variance
= (Actual quantity - Standard quantity) [tex]*[/tex] Standard price
= (180,000 - 155,000) [tex]*[/tex] $7.20
= $180,000 favorable
Therefore, the materials quantity variance for march would be $180,000 pounds.
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Specify which fundamental security design principle applies to the control recommendations?
Specifically the fundamental security design principle applies to the control recommendations of the fundamental security principle.
These principles are developed while keeping in mind the security systems and to prevent damages and flaws. and unwanted access to the system.They are designed by security agencies and homeland security.
Fundamental security has several principles that are implemented in the software which control certain recommendations in the design itself, which is easy to update and modify the security patterns and specific tasks. These works both in hardware and software applications.
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What is a lifo reserve? the difference between the lifo inventory and the amount used for internal reporting purposes.
For bookkeeping purposes, the difference between the first in, first out (FIFO) and last in, first out (LIFO) costs of inventory is measured as the LIFO reserve. The distinction between LIFO, also known as the Allowance to Reduce Inventory to LIFO, and the inventory method utilized for internal reporting purposes. annually adjusted.
There are two accounting techniques known as FIFO and LIFO that are used to manage inventory and financial concerns regarding the amount of money a corporation must have locked up in inventory of finished goods, raw materials, parts, components, or feedstocks.
When you account for your inventory using the "last in, first out" approach, you report smaller earnings than if you used the "first in, first out" method, often known as FIFO. This is the main reason why businesses prefer to utilize a LIFO inventory method.
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help of this question please
The aim of the World Bank is to promote world economic growth through financial stability .Option C. This is further explained below.
What is World Bank?Generally, The World Bank is an international institution for the promotion of economic growth that is owned by 187 different nations. It is the responsibility of this organization to alleviate poverty across the world by providing financial assistance, in the form of loans, to the governments of those its member states who are economically weaker so that those states may raise the quality of life of their populations.
In conclusion, The goal of the World Bank is to provide the financial stability necessary for the expansion of the global economy. alternative C
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An investment tax credit offered during a recession is most likely to be temporary so that:____.
An investment tax credit offered during a recession is most likely to be temporary so that it does not disrupt the supply of savings.
What is investment tax?
You must pay investment tax on profits from investment gains in the same way that you do on income from your business. Investment income is primarily subject to two types of taxes:
Income tax: consists of any interest from savings accounts and money from dividends from shares.Taxes due on gains made from selling an investment asset are referred to as capital gain tax (CGT).Learn more about Investment tax here:
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The economic or productive potential of employee knowledge, experience, and actions is referred to as.
The economic or productive potential of employee knowledge, experience, and actions is referred to as. Human capital.
What is potential of employee?Out of the six markers described in this article, ability, engagement, and aspiration are the most important for identifying employees with high potential. In terms of business, personal growth, inner drive, and dedication to the company, these cover the knowledge, expertise, and attitudes of employees. The greatest method to really understand the skills, priorities, and mindsets of your staff is through workplace personality testing.
How do you recognize potential in employees?
gifted for their position.eager to seize leadership positions.supportive of the corporate culture.emotional intelligence and empathy.tolerant of stress.cooperative employees that excel in groups.able to operate independently and with initiative.regarded and trusted by their peers.To learn more about potential in employees from the given link:
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Which federal agency oversees and regulates the buying and selling of stocks and bonds?
Securities and Exchange Commission federal agency oversees and regulates the buying and selling of stocks and bonds.
The Securities and Exchange Commission (SEC) is an independent federal regulatory agency responsible for protecting investors and capital, overseeing the stock market, and proposing and enforcing federal securities laws.
The Securities and Exchange Commission oversees stock exchanges, brokers and dealers, investment advisors and mutual funds to promote fair trading, facilitate disclosure of material market information and prevent fraud. .
The US Securities and Exchange Commission (SEC) is an independent federal regulator responsible for protecting investors, maintaining the fair and orderly functioning of the securities markets, and promoting the accumulation of capital.
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A _________________ economy is a system that depends on the customs of the people involved.
A traditional economy is a system that depends on the customs of the people involved.
A traditional economy is that economic system in which traditions, beliefs and customs helps in shaping the goods and services which are produced in the economy, as well as the rule and manner of their distribution are considered. Countries that use this traditional economic system are often farm-based and rural too.
Traditional economy is also known as a subsistence economy.
Generally a traditional economy is defined by trading and bartering. Generally a little surplus is produced and if any excess goods are produced, they are typically given to a ruling authority or landowner.
Traditional economies are generally based on custom and tradition with economic decisions based on the customs and beliefs of the family, clan, or tribe.
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A grand strategy that involves expansion of things like sales revenues, market share, or number of employees is known as a ______ strategy.
A grand strategy that involves expansion of things like sales revenues, market share, or number of employees is known as a growth strategy.
Grand strategies shape the course of a business by focusing on the long-term goals of the business. While running your own business means pondering grand strategies which has to involve everything from product development to liquidation.
A grand strategy involving expansion of things like market share, sales revenues, or number of employees is known as a growth strategy. A growth strategy is an organization's plan to overcome current and future challenges and realize its goals for expansion.
Hence, the growth strategy leads to the growth of an organization.
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Kamut met with amy, a buyer, and showed her his new listing. if amy is unrepresented, did kamut err by not providing amy with an agency disclosure?
Kamut met with Amy, a buyer, and showed her his new listing. if Amy is unrepresented, Only in the event that Amy sought guidance from Kamut or disclosed private information (Yes, because any time you meet with a buyer, you must provide agency disclosure). This is further explained below.
What is agency?Generally, a company or organization performs a certain service for the benefit of a third party, which may be another company, an individual, or another group.
a written explanation for the client, to be signed by the potential buyer or seller, that explains the function that the broker performs in the transaction and asks for the client's approval.
In conclusion, Amy, a potential purchaser, went to see Kamut, and he showed her his newest listing. if Amy does not have legal representation, only in the event that Amy sought advice from Kamut or shared confidential information would this clause apply (Yes, because any time you meet with a buyer, you must provide agency disclosure).
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Employers may pay nonexempt employees who work fluctuating schedules a fixed salary. in these cases, the extra pay is?
Employers may pay nonexempt employees who work fluctuating schedules a fixed salary, in these cases, the extra pay is None of the above are correct.
Many firms simply pay an hourly rate plus time and a half for every hour worked in excess of forty. But there are also other legal ways to pay nonexempt workers and determine how much overtime they are due.
Nonexempt employees are paid a defined weekly salary under the variable workweek approach, which is described in 29 CFR 778.114, regardless of the number of hours they put in.
They also earn additional overtime compensation when they clock in for more than 40 hours in a workweek. In other words, whether an employee works 30, 40, or more hours a week, their pay remains the same.
Every hour the employee works over 40 in a workweek that exceeds 40 is compensated with additional overtime pay.
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When the price of oil rises unexpectedly, the equilibrium price level ________ and the unemployment rate ________ in the short run.
When the price of oil rises unexpectedly, the equilibrium price level rises and the unemployment rate rises in the short run.
What is equilibrium price?Equilibrium price refers to the meeting point of quantity of goods supplied by a producer and the customers are able to purchase the goods made available.
In other words, it is a price point where the amount of goods that are sold in the market equals the amount of demands for that goods. Here, there will be no surplus over that goods and no sellers will have to face the problem from overproduction.
In order to reach an equilibrium price, both the consumers and the producers have to believe that they're getting the maximum value every time the conduct a transaction with one another
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Potential risks for businesses that use social media include productivity loss, embarrassment if employees make damaging posts, and?
The answer is inviting the wrath of online audience.
The social business loop occurs when firms with limited authority or notoriety depend extensively on social media to market their products and services, resulting in little to no leads by drawing untargeted consumers.
Being on social media involves publicly exposing oneself to a wide range of individuals who may or may not be interested in the brand.
There is always a negative aspect to anything, and social media is no different. With the internet being more freely accessible than ever before, there are always those who seek to harm one's reputation.
If the company is unknown or just starting to get traction, they are more likely to be attacked. Since it is so simple to remark or participate, anyone with a computer may simply make unfavorable comments about the company.
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Which ics functional area arranges for resources and needed services to support achievement.
Logistics arranges for resources and needed services to support achievement of the incident objectives (resource can include personal,equipment, teams, supplies , and facilities).
What do you mean by Logistics?
Logistics is the process of planning and executing the efficient transportation and storage of goods from the point of origin to the point of consumption.
The goal of Logistics is to meet customer requirements in a timely, cost effective man.
What are the example of Logistics?
Logistics is a specialized field of its own compromised of shipping warehousing, courier service, road/rail transportation, and air freight.Retail companies become involved in supply chain management tot control product quality, inventory levels, timing, and expenses.Learn more about Logistics here:
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The answer is Logistics.
Logistics arranges for resources and required services to support achievement.
What is logistics? It refers to the process of how various resources are stored, acquired and sent to final destination. Logisticians are the managers to manage logistics. The primary task of Logisticians is to maintain the inventory by arranging proper transportation and storage.Logistics management aims to provide the correct input at a correct time. The logistics field can be divided into five main fields. These are procurement logistics, production logistics, recovery logistics, sales logistics, and recycling logistics.Logistics improves the efficiency of work, improves availability of products and encourages sales.To learn more about Logistics visit: https://brainly.com/question/25380728?
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What two key values are identified for each performance parameter in the capability development?
Key Performance Parameters (KPP) and Key System Attributes (KSA) are the two key values identified for each performance parameter in the capability development.
Skill development refers to creating new skills or improving existing skills. Skill development, skill growth, skill expansion, and skill maturity are often used interchangeably with this concept. A number of theoretical lenses, such as knowledge-based approaches, resource-based perspectives, and evolutionary theory, provide insight into organizational skills development in firms.
Various authors highlight different factors as predictors of ability to influence skill development, including B. In-house knowledge, experience, organizational learning, routine and non-routine actions (eg, semi-continuous asset orchestration or routine redesign).
Scalability, Growth Capacity, Dynamic Capacity, and Investment in LearningThese keywords were added by the machine, not the author. This process is experimental and keywords may be updated as the learning algorithm improves.
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The legal document that describes the rights and obligations of both the bondholders and the issuer is called the bond.
The legal document that describes the rights and obligations of both the bondholders and the issuer is called the bond resolution
What is bond resolution?The instrument or documents that permit the issuance and sale of municipal securities by the issuer. The issuance of securities is typically allowed in the authorising resolution, and the sale is typically permitted in a different document known as the "sale" or "award" resolution.
The fundamental terms of the bonds are described in an official declaration. It normally provides the most complete description of the bonds' terms and features until maturity, unless and until these terms are updated.
Bond Documents include any agreements, certificates, documents, and instruments delivered in connection with any of the Financing Documents.
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What are some of the key competencies needed by hr managers to become full business partners?
In order to fulfill this role, HR managers must have four primary competencies: communication, analysis capabilities, relationship-building skills and leadership qualities to become a full business partner.
A mid- to senior-level role based on the size of the organization and the number of employees. In smaller businesses, the entire HR function may fall under the purview of an HR manager, who may also be in charge of HR within a department, organizational unit, or HR itself.
Although certain UK workers might be referred to as generalists, the HR generalist in America would be the equivalent. They'll likely report to numerous junior HR employees. Depending on the organization, HR managers may be in charge of determining the direction of policy.
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If the desired reserve ratio is 7 percent and a bank has $10,000 of deposits, then its desired reserves are?
If the desired reserve ratio is 7 percent and a bank has $10,000 of deposits, then its desired reserves are $700.
A reserve requirement is a rule established by the central bank that specifies the minimal amount of liquid assets that a commercial bank must retain. The reserve ratio is essential to understanding how much credit money banks can generate by lending out deposits under fractional reserve banking. A bank must keep $50 million, or 10%, in reserve, for instance, if it has $500 million in deposits.
The country's central bank, in the instance of the United States, the Federal Reserve, determines the reserve ratio requirement. The calculation for a bank can be obtained by dividing the bank deposits by the cash reserve held with the central bank, and it is expressed as a percentage.
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The break-even point is the sales level at which a company: _______.
The break-even point is the sales level at which a company operating income is zero.
What is operating income?Operating income is a company's adjusted revenue after deducting all operating expenses and depreciation. The charges incurred in order to keep the firm functioning are referred to as operating expenses.
Operating income is computed by deducting operating expenses from gross revenue. Operating income analysis is beneficial because it excludes one-time items such as taxes, which can skew a company's earnings in a particular year.
Assume a corporation has a $1 million gross profit and $250,000 in operating expenses. The operational income for the corporation would be $1 million minus $250,000, or $750,000.
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Asking an employee whether he or she would use a new computer software package is an attempt to determine:______.
Asking an employee whether he or she would use a new computer software package is an attempt to determine behavioral intent.
The subjective probability of a person's perceived likelihood that they will engage in a specific behavior. The propensity to buy goods or services from an unchanging entity and tell others about your experiences is known as behavioral intentions.
The perceived possibility or subjective probability of a person engaging in a particular behavior is referred to as behavioral intentions. For instance, if we believe that you will go, that it will be simple, and that other people will approve, then your intention to go would be strong, and we would forecast that you probably will go.
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When using a port-scanner, what procedure can be conducted to identify which ip addresses belong to active hosts?
When using a port-scanner, network scanning procedure can be conducted to identify which ip addresses belong to active hosts.
Network scanning is a procedure which is used for identifying active devices on a network by employing a feature or features in the network protocol to signal devices and await a response.
Nowadays network scanning is used in monitoring and management, but scanning can be used to identify different network elements or users for attacks.
The specific protocol features which are used in scanning depends on the network, but for IP networks scanning normally sends a simple message to each possible IP address in a specified range.
After this they uses another protocol to obtain data on the devices if a response to the ping is received.
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Profit is the dollar amount a firm collects from its customers after selling its goods or services.
False, Profit is determined by calculating the difference between expenses and revenues.
Profit is the term used to describe the financial gain experienced when the revenue from a company activity outpaces the costs, and taxes incurred to support the activity in question.
Any profits generated return to the company's owners, who can decide whether to keep the money for themselves, pay dividends to shareholders, or reinvest it in the company. The money a business keeps after deducting all costs is its profit. Any business's main objective is to make money, so a company's performance is measured by its profitability in all of its forms. The income statement lists all three of the main categories of profit: gross profit, operating profit, and net profit. Each profit kind provides analysts with additional details about a company's performance.
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In a(n) _____ lease, recording lease expense should reflect straight line rental of the asset during the lease term.
Answer:
can I see the options for this question?
An organization of skilled specialists in a particular trade, such as plumbers, is a(n)?
Answer is crafts union.
Craft union, trade union integrating people who are engaged in a certain craft or talent but may work for different companies and in different regions. Craft unions were formed in Britain and the United States in the middle of the nineteenth century to raise wage levels and working conditions.
Their dominance stems from their control over the supply of trained labor, which they retain through licensing and apprenticeship systems. A local craft union tries to organize all members of its trade by using slogans such as "One craft, one union" (e.g., plumbers, bricklayers, ironworkers, carpenters etc.)
Therefore, the answer is craft union.
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What products are included in the ucc definition of goods? choose 2 answer choices.
Oil and gas, if the seller removes and Crops harvested by the seller are included in the UCC definition of goods.
The right to remove soil from real estate is not regarded as a good under the UCC, although the owner may sell minerals and soil that have been taken from the property and sold by the owner.
The sale of goods is covered in Article 2 of the UCC. At the moment of identification to the contract for sale, "goods" refers to any tangible and transportable items, including specially created items. This includes developing crops, unborn animals, and other clearly identifiable things related to real estate.
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When compaq and hewlett-packard decided to become one company, this was an example of a(n):______.
When Compaq and Hewlett-Packard decided to become one company, this was an example of a horizontal merger.
What is a horizontal merger?A horizontal merger is a merger between competing enterprises that make and sell the same items. Horizontal mergers, if considerable in size, can limit market competition and are frequently scrutinized by competition authorities.When companies in the same industry merge, this is referred to as a horizontal merger. They frequently result in a means to remove competition by becoming a single big corporation rather than two competitors. Horizontal mergers can significantly boost revenue because the combined company has access to a wider range of products or services.A horizontal merger occurred when Compaq and Hewlett-Packard decided to merge into one entity.Therefore, when Compaq and Hewlett-Packard decided to become one company, this was an example of a horizontal merger.
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Using _____, an analyst can show business functions and break them down into lower-level functions and processes.
Using a functional decomposition diagram, an analyst can show business functions and break them down into lower-level functions and processes.
A business is an activity that makes a living or makes money by manufacturing or buying and selling products. It is also a “commercial activity or enterprise”.
Company means an organization or company engaged in commercial, industrial, or professional activity. A business can be either a commercial enterprise or a non-profit organization. Legal forms range from limited liability companies to sole proprietors, corporations and partnerships.
The definition of business is the profession or trade, the buying and selling of goods or services for profit. A business example is agriculture. An example of a transaction is the sale of a home. noun.
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Dilution solutions, inc. repurchased 500 shares of its $2 par value common stock for $10,000. the effect of this transaction on the accounting equation, using the cost method, includes a ______. (check all that apply.) multiple select question. $10,000 increase in treasury stock $1,000 increase in stockholders' equity $10,000 decrease in cash $9,000 decrease in additional paid-in capital
$10,000 increase in Treasury Stock is the effect of this transaction.
What is cost method?The cost method exists as a method of accounting. It is utilized for recording precise investments in a company's financial statements. This particular method lives used when an investor has little or no effect over the investment that they own.
The cost method of accounting is used for recording particular investments in a company's financial statements. This method is used when the investor exercises little or no influence over the acquisition that it owns, which exists typically represented as owning less than 20% of the company.
Treasury stock stands also known referred to as treasury shares and it happens when stock stands bought by the issuing company back from the stockholders.
This results in a reduction in the whole number of outstanding shares that can be found on the open market. In the above scenario, since Dilution Solutions, Inc. repurchased 500 shares of its $2 par value common stock for $10,000, this will get about a $10,000 gain in the treasury stock.
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When a beverage maker came out with a new drink and priced it at half price for a month to attract buyers they were using?
When a beverage maker came out with a new drink and priced it at half price for a month to attract buyers they were using a trial pricing strategy.
Trial pricing is a sales tactic utilized by SaaS corporations wherein they lessen the charge on their product for a restrained time or as a part of an introductory offer. Unlike the more famous free trial, this method can filter not going customers considering that there may be still a cost for trying out the product.
A loose trial is a consumer acquisition version that provides a partial or complete product to prospects free of rate for a restrained time. While freemium is a consumer acquisition version that gives get entry to a part of a software product to possibilities freed from charge, without a time restrict.
Unfastened trials aren't absolutely supposed to be loose. The intention is to introduce you to a service or product after which hook you so you decide to maintain it (and pay for it) past the trial pricing. either that or the organization is hoping you simply forget to cancel so it could mechanically begin charging you.
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A company with monthly revenue of $120,000, variable costs of $50,000, and fixed costs of $40,000 has a contribution margin of?
Company has a contribution margin of $70,000.
Contribution margin = Revenue – Variable Costs
= $120,000- $ 50,000
= $70,000
The portion of a product's sales revenue that isn't used to cover variable costs and instead goes toward covering the company's fixed costs is known as the contribution margin. Major component of break-even analysis is the idea of contribution margin.
Labor-intensive company with few fixed expenses tend to have low contribution margins, whereas capital-intensive, industrial businesses have more fixed costs and, thus, higher contribution margin. The difference between a product's sale price and the variable costs related to its manufacture and sale is calculated as the contribution margin.
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