An example like this is called a menu cost.
A menu cost is a cost that a firm incurs due to its changing prices. Economists use menu costs when talking about the costs of changing nominal prices in general.
For instance, when a restaurant manager wants to change prices, the cost of changing the menus, in order to show the new prices must be taken into consideration. Thus, the manager will need to assess whether the increase in prices will cover for the cost of printing new menus.
Hence, a company should only consider changing its prices when the menu costs are less than the additional revenues.
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When comparing a 10-year bond versus a 1-year bond, the 10-year bond has a much greater interest rate risk. True or false?.
True,When comparing a 10-year bond versus a 1-year bond, the 10-year bond has a much greater interest rate risk
What is bond?A bond is a sort of financial security in which the issuer owes the bearer a debt and is obligated to repay the principle of the bond as well as interest over a specified period of time, depending on the terms. Interest is normally paid at regular intervals.
Bonds are one way for businesses to raise funds. A bond is a loan made between an investor and a firm. The investor agrees to contribute the corporation a particular sum of money for a set length of time. In exchange, the investor receives interest payments on a regular basis.
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Amy, a minor, disaffirmed her agreement to buy $127 worth of cosmetics from sephora. She had used up all the foundation, lipsticks, and blush. The general rule is that she may?
Amy, a minor, disaffirmed her agreement to buy $127 worth of cosmetics from sephora. She had used up all the foundation, lipsticks, and blush. The general rule is that she may disaffirm, but she has to return the makeup that is not used up.
Disaffirmance is the legal term which refers to the right for one party to renounce a contract. In order words in order to render the contract void, the person must indicate that he/she will not be bound by the terms outlined in the agreement.
This can be expressed explicitly by the person in any declaration or it can be implied when the person chooses that he does not want to abide by the terms of the contract.
Disaffirmance occurs only when one party renounces and disagrees with their obligation of a voidable contract.
Disaffirmance can be implied or explicit.
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How would a company report a change in an accounting principle made on the last day of the third quarter?
If a company changes an accounting principle on the last day of the 3rd quarter they need to apply a retrospective application to all pre-change interim periods reported.
What is accounting?Accounting is the process of documenting a business's financial transactions. These transactions are compiled, examined, and reported to oversight organizations, regulatory bodies, and tax collection organizations as part of the accounting process. A company's operations, financial condition, and cash flows are summarized in the financial statements that are used in accounting. They provide a succinct summary of financial transactions across an accounting period. One of the most important aspects of practically every firm is accounting. Small businesses may have a bookkeeper or accountant manage it, whereas larger corporations may have vast finance departments with many people.Management can make wise business decisions thanks to the information produced by many streams of accounting, including cost accounting and managerial accounting.
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Capital markets can be divided into two broad categories: equity interests and debt interests. equity investors in real estate expect to earn a return on their investment through?
It is a true statement that the capital markets can be divided into two broad categories such as the equity interests and debt interests.
What is a capital markets?This refers to the financial market where the long-term debt or equity-backed securities are bought and sold and it is an opposite of money market where short-term debt is bought and sold
Often the equity investors in real estate expect to earn a return on their investment through the collection of rent and price appreciation.
Hence, in general view, It is a true statement that the capital markets can be divided into two broad categories such as the equity interests and debt interests.
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As the production volumes increase with addition of capacity, the unit costs to produce a product decreases to an optimal level. this is known as the _____
The cost per unit of production for a given product falls to an ideal level when production volumes rise with the addition of capacity. It is referred to as the economies of scale.
What is product?
Anything that can be sold is referred to as a “product.” To purchase the item with the aid of money, the item can be touched and seen. Consumer, professional, and industrial items come in a wide range of varieties.
The production phenomena known as “economies of scale” describes how a firm's output level rises with its capacity while its production costs decrease as a result of the growth in size or magnitude of its output.
Hence, the significance of the product is aforementioned.
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When employees regulate their behavior by offering themselves rewards for achieving desired performance, this is called:__________
It is called self reinforcement.
People are said to be capable of managing their own behavior under social learning theory. Self-reinforcement is an example of a self-regulatory process in which individuals reward themselves if their conduct meets self-imposed performance criteria.
In operant circumstances, self-reinforcement refers to arrangements in which the individual delivers a consequence to himself based on his action.
Self-reinforcement is an example of a self-regulatory process in which individuals reward themselves if their conduct meets self-imposed performance criteria. And if a positive occurrence (tangible reinforcer) is linked to a behavior, that behavior is enhanced and more likely to occur in the future.
Therefore, the answer is self reinforcement.
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Project l costs $50,000, its expected cash inflows are $14,000 per year for 7 years, and its wacc is 9%. what is the project's payback? round your answer to two decimal places
The Project’s Payback Period will be 3.57 Years.
Payback Period:
The number of years required to recover the initial financial investment is referred to as payback time. It is, in other words, the length of time that a machine, facility, or other investment has generated enough net income to pay its investment costs.The Payback Period illustrates how long it takes a business to recoup its investment. If a project's ability to pay back its investment in the shortest amount of time is crucial to a company, this form of research enables them to assess other investment alternatives.Simply divide the initial cash outlay of a project by the amount of net cash inflow that the project generates annually to learn how to calculate payback period in practice. As you calculate the payback period, you can assume that the annual net cash inflow is constant.Project’s Payback Period = Initial Investment Cost/Annual Cash Inflow= 50,000/ 14,000 per year = 3.57 YearsHence, the Project’s Payback Period will be 3.57 Years.Learn more about Payback Period here brainly.com/question/23149718
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What does research suggest about the relationship between goals and consciousness?
Answer:
Goals are the tools with which people engage in volitional behavior. Whereas goal pursuit was traditionally assumed to be strongly related to consciousness, recent research and theorizing suggest that goals guide behavior through attention, and this guidance can occur outside of a person's awareness
Explanation:
Over a 10-year period, Rebecca goes to
college for 4 years and works for the next
6, while Mark works for the full 10 years.
Rebecca earns twice as much as Mark
after she graduates.
Rebecca is earning twice as much as Mark because she has added value to herself by getting educated and would most likely be able to solve problems faster and more efficiently than Mark assuming they are in the same industry. Here in lies the value of education.
How does education help us earn better?
Education helps to drive innovation and critical thinking. Psychologically, education is one of the best ways to keep the mind active and sharp.
For a society to advance economically, education is essential. In order to consistently be creative, we require employees to pursue new knowledge and research.
Higher literacy rates are also associated with better economic conditions in a nation.
A population with higher levels of education has access to more work options. This is because education fosters research and innovation.
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Crystal has just been approved for her first credit card. what should crystal do to help keep her debt under control?
Based on the fact that Crystal has been approved for a credit card, one thing she can do to keep her debt under control is to pay off the entire amount every month.
How can you avoid credit card debt?
Credit Card debt often increases when interest is added to the debt amount that a person owes.
If Crystal wants to avoid this interest, she can pay off the entire amount owed every month. With no interest charged, she can keep her debt under control.
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Most strategies that an aggregate planner actually uses are in combination and are referred to as the?
Most strategies that an aggregate planner actually uses are in combination and are referred to as the hybrid strategies.
It is a strategy that comes under aggregate planning strategies which are level strategy keep the appropriate level of production and labour.
Chase strategy determines the chase towards the market demand and lastly hybrid strategy is the mix of the above two strategy.
An aggregate study planner balances all in one combination to know the best alternatives and outcomes from the production. It is determined by the inventory level present in the production process and back orderings during the high demand period.
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Ethical capitalism emerged as primary marketing idea during the ____________ century
Ethical capitalism emerged as primary marketing idea during mid 18th century. The globalization of capitalism altered production, trade, and human behavior. Even so, it altered how people perceived the world and their position within it.
The roots of capitalism have been hotly contested throughout its varied century. A great deal of variance in concentration of wealth and economic power came to be connected with capital that was amassed via range of techniques and at variety of scales. Over time, capitalism grew to dominate all other economic systems. The mechanisms by which capitalism developed, spread, and emerged are debated among historians.
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The arrangements between buyer and seller as to when payments for merchandise are to be made are called:______.
The arrangements between buyer and seller as to when payments for merchandise are to be made are called credit terms.
What are the terms of credit?Credit terms are the payment conditions specified on the invoice at the time of the purchase of the goods. This is an agreement between the buyer and the seller regarding the deadlines and methods of payment for products obtained on credit. It also goes by the name "payment terms."
Influences on Credit Terms
Time Issue: In this case, the seller is giving the consumer a time benefit and anticipates that the bill will be paid before the due date. Usually, the deadlines are established in advance of the transaction. Credibility Element: The amount of credit you extend to your consumer relies on how creditworthy they are. This may be determined by the number of transactions, the ability to repay, past performance, etc. Rate of Interest Factor: Sellers do charge interest, either for the entire credit period or just for the overdue time, depending on the quantity and credit duration.Learn more about buyers and sellers with the help of the given link:
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what roles do entrepreneurs play in the economy?
a. make routine pricing decisions
b. innovate
c. purchase capital
d. create market demand e. take risks
f. make decisions
B) Innovate E) Take risks F) Make decisions.
Entrepreneurs decide how to combine factors of production to create new goods and services.
What functions do entrepreneurs play in an economy?The business leader who is an entrepreneur seeks out ideas and implements them to promote economic development. One of the most crucial factors in a nation's economic progress is entrepreneurship. By making business decisions, the entrepreneur serves as the head of the trigger that ignites economic activity.
He is essential to the growth of a nation's agricultural and service sectors in addition to its industrial sector. The following is a methodical and orderly discussion of the key functions that entrepreneurs play in the growth of an economy.
Encourages the formation of capitalLarge-Scale Employment PossibilitiesEncourages balanced regional growthReduces Economic Power ConcentrationCreation and Distribution of WealthRising GNP and per capita incomeRaising the Living StandardsEncourages the country's export tradeCreates backward and forward linkagesPromotes overall developmentLearn more about roles of entrepreneurs with the help of the given link:
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Acquisitions to increase market power require that the firm have a(n) __________ diversification strategy.
Acquisitions to increase the market power require that the firm have a related diversification strategy. A related diversification is one where the two enterprises involved have important characteristics that have the potential to lead to economies of scale or synergies based on the sharing of resources or talents.
In a related diversification, the joined company should be able to increase ROI due to the commonalities that result in greater revenues, decreased costs, or reduced investment. Whether there is a genuine and significant area of commonality that will increase the overall market power is a crucial consideration in any decision regarding diversification.
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Compensation paid in proportion to the number of units of personal output best describes:_______.
i. royalties.
ii. piece rates.
iii. profit-sharing.
iv. bonuses
Compensation paid in proportion to the number of units of personal output best describes piece rates. When an employee is paid on a piece rate, they are paid per unit.
This means that the worker is paid based on how much is picked, packed, pruned, or made. The piece rate system boosts employee productivity by making sure they are focused on achieving their goals. A worker can be employed to work shifts that are paid hourly and on a piece rate basis.
An employee is compensated on a piece rate basis. This indicates that the amount picked, packed, pruned, or made determines the employee's compensation rate. Piece rates are used instead of the hourly or weekly pay rate when payment is made.
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A special order generally should be accepted if: Select one: a. its revenue exceeds allocated fixed costs, regardless of the variable costs associated with the order. b. excess capacity exists and the revenue exceeds all variable costs associated with the order. c. excess capacity exists and the revenue exceeds allocated fixed costs. d. the revenue exceeds total costs, regardless of available capacity. e. the revenue exceeds variable costs, regardless of available capacity.
A special order generally should be accepted if excess capacity exists and the revenue exceeds all variable costs associated with the order.
When the market's potential supply of a commodity is greater than the demand for that product, the situation known as excess capacity arises.
In manufacturing, the phrase "over capacity" is frequently used. At a manufacturing site, you can notice idle workers as a sign of overcapacity. Excess capacity, though, can also be found in the service industry.
For instance, there are places in the restaurant business that consistently have empty tables and a staff that seems unproductive. This inefficiency shows that although the space can handle more visitors, there is still a gap between customer demand and the restaurant's capacity.
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The rutabaga market is perfectly competitive and the price of a ton of rutabagas rises. as a result, rudy, a rutabaga farmer, will________.
Answer: The rutabaga market is perfectly competitive and the price of a ton of rutabagas rises. as a result, rudy, a rutabaga farmer, will increase his output of rutabagas.
Explanation: According to economic theory, perfect competition exists when all businesses sell same goods, market share has no bearing on prices, businesses can enter or quit the market without obstacles, consumers have perfect or complete information, and businesses are unable to set prices.
It is a market that is solely influenced by market forces, in other words. It is opposed to imperfect competition, which more accurately reflects the nature of the market at the time.
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If the forecasted volume increased to 12,000 procedures and budgeted costs increased to $440,000, while all other variables remained constant, what price should be established?
Answer- $ 54.74
Explanation-
= ($440,000 ÷ 12,000) + [($80,000 + 4,800 ($36.67 – $38.00)) ÷ 6,000] / (1-0.106)
= 48.936 / 0.894
= $ 54.74
Finance encompasses banking, leverage or debt, credit score, capital markets, money, investments, and the advent and oversight of financial systems. basic economic standards are based on microeconomic and macroeconomic theories.
There are two most important purposes of the finance feature: to offer the monetary records that other business features require to perform efficaciously and correctly. to assist business making plans and choice-making.
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Costs which are incurred to produce two or more products at the same time are called _____ costs:
Costs that are incurred to produce two or more products at the same time are called Joint costs.
What is a product?A product is referred to as finished goods assembled in the industry and distributed to intermediaries to serve in the market and make available to customers.
Joint costs are expenses incurred to produce two or more products together. It is used to determine the cost of operating joint-product operations, which includes collection and disposal.
It is calculated by dividing the sum of the costs incurred for all jointly produced goods prior to their separation by the total number of goods produced collectively.
Therefore, Joint cost is the answer.
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Answer:
joint costs
Explanation:
According to hazlitt, parity prices for agricultural products might increase the purchasing power of farmers and help them be more prosperous, but what would the effect be on city workers?
After the increase in price for agricultural products the city workers will have their purchasing power reduced.
According to economist Henry Hazlitt, parity pricing hurts consumers and decreases national wealth. Parity is a notion that farmers must be paid on par with the cost of industrial goods and farm equipment.
According to Hazlitt, parity prices for agricultural products would increase the purchasing power of farmers and help them become more prosperous, and on other hand, it would effect the city workers by reducing their purchasing power.
Hence, this will affect the quantity of goods and services that city workers could buy with a monetary unit.
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The legal document that describes the rights and obligations of both the bondholders and the issuer is called the bond.
A bond resolution is a legal document that specifies the rights of the issuer and the bondholder, the two parties to the bond contract, and allows the issuance and sale of bonds.
Who is a bondholder?An investor or the owner of debt instruments, which are frequently issued by corporations and governments, is known as a bondholder. In essence, bondholders are lending money to the bond issuers. Bond holders receive their principal investment back when the bonds mature in exchange.
A bond resolution exists as a document where the issuer permits a bond's issuance and sale, along with determining the rights of the respective groups to the bond agreement, namely the issuer and the bondholder.
The bond indenture exists as a legal document establishing the rights and obligations of both the issuing company and the bondholders. It exists designed to address all matters connected to the bond issue, such as collateral, and call provisions.
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How many days does a server have to get trained after starting their employment?.
The number if days a server have to get trained after starting their employment is 60 days.
Deadline for Requisite Alcohol Server Training:According to AB 1221, an alcohol server is any employee of an establishment with an ABC on-premises licence who is in charge of verifying identifications, receiving client orders, and serving or transporting alcoholic beverages.
Some key points of alcohol server training are-
The Department of Alcoholic Drink Control's (DABC) Responsible Beverages Service (RBS) certification is required for alcohol servers & their managers (ABC). To become certified, servers and their supervisors must pass an RBS exam offered online by ABC by August 31. If they have just been hired, they have 60 days from of the start of their work to pass the test and become certified.ABC created the RBS programme by hosting meetings with stakeholders around the state to get their views on the best way to comply with the new certification mandate. The RBS training webpage was developed by ABC based on feedback.The site gives users access to a certification program and training service for alcoholic beverages in order to meet AB 1221's criteria.To know more about seller-servers, here
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It is believed that believe that certain media members tend to ignore stories critical of government and big business because __________________.
It is believed that believe that certain media members tend to ignore stories critical of the government and big business because the typical journalist has a relatively elite background. This is further explained below.
What is a journalist?Generally, a person whose job is to write for newspapers, periodicals, or websites that report the news, or to prepare news for transmission.
In conclusion, Because the average journalist comes from a relatively privileged background, there is a widespread perception that some members of the media have a tendency to disregard news that is critical of the government and large businesses.
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He proper journal entry to purchase a computer costing $975 on account to be utilized within the business would be?
The proper journal entry to purchase a computer costing $975 on account to be utilized within the business would be option (d) i.e, Dr. Office Equipment 975 Cr. Accounts Payable 975.
A journal entry is an act of recording any transaction, whether one is economic or not. An accounting diary that displays the debit and credit balances of a corporation lists transactions. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.
Purchase of machinery by a nation, where the cash account will be credited and the machinery account debited, is an example of a journal entry.
To maintain the balance of the accounting equation (Assets = Liabilities + Shareholders' Equity), the debits and credits in each journal entry must be equal.
All other financial reports are built on journal entries. They offer crucial data that auditors use to assess how financial transactions affect a corporation. The general ledger is then updated with the journalized entries.
The complete question is:
The proper journal entry to purchase a computer costing $975 on account to be utilized within the business would be
a) Dr. Office Equipment 975 Cr. Accounts Receivable 975
b) Dr. Office Supplies 975 Cr. Accounts Payable 975
c) Dr. Office Supplies 975 Cr. Accounts Receivable 975
d) Dr. Office Equipment 975 Cr. Accounts Payable 975
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What system was developed to track football injuries through a web-based system that tracks medical information and analyzes injury trends?
NCAA injury surveillance system was developed to track football injuries through a web-based system that tracks medical information and analyzes injury trends.
Security measures for your house or place of business must include surveillance systems. These systems can range from sophisticated alarm systems that alert law authorities at the first sign of trouble to wireless home security cameras.
One of the most popular strategies used by law enforcement to look into suspects and obtain evidence is surveillance. It can be carried out openly (with the target's awareness) or covertly (without the target's knowledge) (overt surveillance). Typically, surveillance is either fixed or electronic.
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When calculating the net operating income of a property it is important to identify:______
When calculating the net operating income of a property it is important to identify Mortgage payments
Correct option is C.
What is Mortgage payments?A mortgage is an arrangement between you and a lender that enables you to borrow money to buy or refinance a home and gives the lender the power to seize If you don't make loan payments, you risk losing your property.
How are mortgage payments done?The principal on a mortgage is the sum that you borrow. Your monthly payment will be split between principal (the outstanding mortgage debt) and interest, with a portion going to each. When you borrow money, a lender will charge you interest.
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I understand that the question you are looking for is :
When calculating the net operating income of a property, it is important to identify any expenses that will be incurred in attempts to maintain the property. All of the following would be considered operating expenses EXCEPT.
A. Property taxes
B. Property insurance premiums
C. Mortgage payments
D. Utility expenses
A ____________________ setting gives people an opportunity to see how they present themselves to other people.
A group setting gives people an opportunity to see how they present themselves to other people.
A group within an organization is what?A group is a group of people who engage with one another in order to work toward a common objective. Within the organization, formal and informal groups are formed at various times and with various objectives.What is the name of a group of businesses?
A conglomerate is a company made up of various independent, distinct companies. In a conglomerate, one corporation holds a controlling interest in numerous other businesses that run their operations independently. There are many ways to build conglomerates, including mergers and acquisitions.Conglomerates frequently diversify their business risk by engaging in a variety of marketplaces, however other conglomerates, like those in the mining industry, choose to focus on a single industry sector.Learn more about group of businesses here:
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Which is the primary dietary consideration for a client receiving insulin isophane suspension (nph) at breakfast?
The primary dietary consideration for a client receiving insulin isophane suspension (nph) is that make sure breakfast is not delayed.
Diabetes is treated with ISOPHANE INSULIN (NPH). It functions by raising your body's insulin levels, which lowers your blood sugar. It is a member of the class of drugs known as intermediate-acting insulins. Combining this medicine with dietary and exercise modifications is common.
A hormone called insulin lowers blood glucose levels, or sugar, by doing its job. Intermediate-acting insulin, insulin isophane begins to function 2 to 4 hours after injection, peaks in 4 to 12 hours and continues to function for 12 to 18 hours.
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What type of competitive structure exists when a firm produces a product that has no close substitutes?
A monopoly occurs when a single company that produces a product or service controls the market with no close substitute.
What is monopoly?A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a situation in which a specific individual or organization is the exclusive supply of a specific thing.
To protect consumers' interests, the government may desire to regulate monopolies. Monopolies, for example, have the market power to establish prices that are greater than in competitive marketplaces. Price capping - limiting price rises - is one way the government can regulate monopolies.
The loss in Static Efficiency is the cost of a monopoly. In comparison to a competitive market, a monopoly generates a Deadweight Loss, which is the value of trades that are not executed. As shown below, the reduction in consumer excess exceeds the gain in producer surplus.
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