Increase the quantity demanded by about 25 percent.
What is the short definition of price elasticity?Price elasticity in business and economics refers to how much people, consumers, or producers alter their demand or the quantity supplied in reaction to changes in price or income. It is mostly used to evaluate how consumer demand has changed as a result of a price change for a good or service.What are some examples of price elasticity of demand?When a price increase results in a greater percentage reduction in demand, we say a good is price elastic. For instance, if price increases 20% and demand declines 50%, the PED equals -2.5. One illustration is Heinz soup. Heinz soup options are plenty today.learn more about price elasticity of demand here
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At 90 days past due what happens to all cardholder accounts associated with a managing account?
All were automatically suspended.
Which of the following is a cardholder responsibility in a Government wide commercial purchase card program?The Cardholder is responsible for the following:
Completing all required training prior to being issued a Purchase Card. Purchasing goods or services in accordance with established Department policy, procurement regulations, and individual internal office procedures.Which of the following is an appropriate circumstance for using a convenience check?A purchase exceeds the micro purchase threshold.
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A person who consumes a good without paying for it is known as a free rider.
The free-rider problem is a type of market failure which occurs when those who benefit from resources, public goods such as public roads or hospitals, or services of a communal nature do not pay for them or pay less.
Free riders are a problem because while not paying for the good either directly through fees or different tolls or indirectly through taxes, they may continue to access or consume it.
Thus, the goods may be under-produced, overused or degraded. Additionally, it has been shown that despite the evidence of that people tend to be more cooperative by nature, the presence of free-riders cause this prosocial behaviour to deteriorate.
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As a project manager, what action can you take during initiation to avoid project disruption?
The project's objectives, scope, and restrictions are typically determined during the beginning phase by a project sponsor working with a project manager. The project charter is then created.
What are two main actions in the initiation phase of a project?
The first stage in launching a new project is project initiation. You determine the project's purpose and the business value it will provide at the project start phase. Then, you use that knowledge to win support from important stakeholders.
Why is the process of initiation important?
Finding out why a project is needed and whether it is viable are the main goals of the start phase. Another crucial goal is to ascertain the project's requirements, which entails figuring out what the outcome will be, such as information, a prototype, a proof of concept, or a usable product.
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According to the U.S. Department of Labor Statistics, one of the most hazardous activities health care workers perform is
Manual handling is one of the most hazardous activities performed by health care workers. Over a third of all occupational injuries are a result of manual handling. These include repetitive strain injuries of various kinds and musculoskeletal diseases (MSDs) associated with workplace, such as discomfort and damage to arms, legs, and joints.
Lifting, lowering, pushing, tugging, and carrying are just a few of many tasks that go under umbrella of manual handling . Injury is possible if any of these activities are not completed correctly. Injury caused by manual labor can have major repercussions for both the employer and health care workers.
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Which marketing strategy would dunkin’ donuts be using if it decided to begin selling its doughnuts in puerto rico for the first time?
The marketing strategy that dunkin’ donuts would be using if it decided to begin selling its doughnuts in Puerto Rico for the first time is marketing development.
When a corporation develops its existing market as opposed to seeking out new markets, it is market development.
In an effort to boost sales, the corporation seeks out new customers to introduce the product to a different consumer group.
A two-step method called "market development" can help you find undiscovered markets.
A corporation first does market research, performing a segmentation analysis and shortlisting market segments that are worthwhile pursuing.
It is an effort to use the current good or service to draw in new clients.
The objective is to increase the audience or tap into a new market or demographic.
Hence, marketing development is the answer.
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When a company archives data for later analysis, its employees will use ________ tools to work with the data and obtain information on how the organization is progressing toward its goals.
When a company archives data for later analysis, its employees will use business intelligence tools to work with the data and obtain information on how the organization is progressing toward its goals.
Business intelligence (BI) is a tech-driven method for data analysis and information delivery that aids managers, employees, and executives in making wise business decisions.
In order to make the analytics results available to business users for operational decision-making and strategic planning, organizations collect data from internal IT systems and external sources, prepare it for analysis, run queries against the data, and create data visualizations, BI dashboards, and reports.
Better business decisions that help enterprises boost revenue, boost operational effectiveness, and gain a competitive edge over rival companies are the ultimate goal of BI projects.
In order to accomplish that, BI combines analytics, reporting, and data management technologies with a number of different data management and analysis approaches.
Hence, business intelligence is the anser.
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Fred pittman has invested $10,000 in his son’s motorcycle repair shop, but he takes no part in its management. pittman is a(n):_________
Fred pittman has invested $10,000 in his son’s motorcycle repair shop, but he takes no part in its management. pittman is a limited partner.
Similar to a general partnership, a limited partnership is a type of partnership but unlike a general partnership, a limited partnership needs at least one general partner (GP) and at least one limited partner.
A limited partner is a shareholder whose liability for the company's debts is limited to the amount they contributed to the business. Silent partners are another name for limited partners.
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When making a preference decision, comparing the net present value of one project to the net present value of another project can _______.
When making a preference decision, comparing the net present value of one project to the net present value of another project can be equal.
What is Preference Decisions in projects?In a preference capital budgeting decision, there is usually a comparison by the company on several alternative projects that have met their screening criteria.
It should be noted that the company will take note of the minimum rate of return or some other measure of usefulness as well as the ranks in order of desirability, hence When making a preference decision, comparing the net present value of one project to the net present value of another project can be equal.
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Owner contributions and retained earnings are combined in a single capital account on the balance sheets of?
Owner contributions and retained earnings are combined in a single capital account on the balance sheets of .proprietorships.
A sole proprietorship, also known as a sole proprietorship, sole proprietorship, or sole proprietorship, is a form of business owned and operated by a single person where there is no legal distinction between owner and business entity. Sole proprietorships do not necessarily work alone and may employ other people.
Examples of sole proprietors include small businesses. B. A one-person art studio, grocery store, or IT consulting service. The moment you start offering goods and services to others, you become a sole proprietorship.
A sole proprietorship is a business owned and controlled by an individual, corporation, or limited liability partnership. The company has no partners. Sole proprietorship legal status can be defined as follows: It is not a legal entity separate from the business owner.
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Monte Ray leases office space for $7,000 per month. On January 3, Monte Ray incurs $75,000 to improve his leased office space. These improvements are expected to yield benefits for 8 years. Ray has 6 years remaining on his lease. What jour
The expense in the first year relating to the improvements is $12,500
What is leasehold improvement?
Leasehold improvement is a capital expenditure incurred to improve the condition of an asset that has been leased from a third party.
In this case, a leasehold improvement costing $75,000 was incurred and lease period is only 6 years remaining whereas the improvement would provide benefits for 8 years, in essence, the improvement cost should be depreciated using the lower of remaining lease period and years of benefits.
As a result, annual depreciation would be computed using the straight line depreciation method where useful life is 6 years
first year depreciation=improvement cost/useful life
first year depreciation=$75,000/6
first year depreciation=$12,500
Note that the requirement is to determine the first year expense that only relates to improvements , in other words, the lease expense should be ignored
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Complete question with options:
Monte Ray leases office space for $7,000 per month. On January 3, Monte Ray incurs $75,000 to improve his leased office space. These improvements are expected to yield benefits for 8 years. Ray has 6 years remaining on his lease. Compute the amount of expense that should be recorded the first year related to the improvements.
A. $19,500.
B. $7,000.
C. $12,500.
D. $9,375.
E. $16,375.
Between and , the u. s. dollar ______ against the canadian dollar. between and , the u. s. dollar ______ against the
Answer:
would be the dollar value between the US and Canadian
Many___expectations of good customer service are the same, but we must still treat each customer as an individual.
So many people's expectations of good customer service are the same but we must still treat each customer as an individual.
What is a good customer service?Also known as an excellent customer service refers to the act of meeting and surpassing expectations of customers, that is, the seller or the firm is showing the customer how important he or she is to you and the business survival and existence.
Furthermore, it involves following best practices like valuing customers' time, having a pleasant attitude, and providing knowledgeable to the customers as well.
Hence, in most case, despite that many people's expectations of good customer service are the same but we must still treat each customer as an individual.
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A company has net sales of $825,000 and cost of goods sold of $547,000. its net income is $98,500. The company's gross profit and operating expenses, respectively, are?
A company has net sales of $825,000 and cost of goods sold of $547,000. its net income is $98,500. The company's gross profit and operating expenses, respectively, are $278,000 and $179,500.
While operating margin deducts operating expenditures from the gross margin to determine the return on sales of goods and services. The variable costs that can be included in the manufacture of goods are often referred to as the gross margin.
Gross margin = net sales -cost of goods sold
= 825,000 - 547,000 = 278,000
Operating expenses = gross margin - net income
=278,000 - 98,5000
= 179,500
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In the short run, the increase in government spending on infrastructure causes the price level to?
Answer:
In the short run, the increase in government spending on infrastructure causes the price level to the price level people expected and the quantity of output to natural level of output. The increase in government spending will cause the unemployment rate to the the natural rate of unemployment in the short run.
Explanation:
The price elasticity of a good will tend to be larger:a)the longer the relevant time period. b)the fewer number of substitute goods available. c)if it is a staple. d)if it is relatively inexpensive
The price elasticity of a good will tend to be larger if the fewer number of substitute goods will be available.
The cross elasticity of demand for substitute goods is always positive because the demand of one good increases at the time when the price for the substitute good increases however the cross elasticity of demand for complementary goods is always negative.
For example, if the price of coffee rises, the quantity demanded for tea which is the best substitute of coffee beverage will increase as consumers will switch to a less expensive but the substitutable alternative.
This is reflected in the cross elasticity of the demand formula, as both the numerator which is the percentage change in the demand of tea and denominator which is the price of coffee shows a positive increase.
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A __________________ often results in an outflow of financial capital leaving the domestic economy and being invested in the global economy?.
A trade deficit often results in an outflow of financial capital leaving the domestic economy and being invested in the global economy
What is trade deficit?A country has a trade surplus or positive trade balance if it exports more than it imports; on the other hand, a country has a trade deficit or negative trade balance if it imports more than it exports. About 60 of the 200 countries as of 2016 had a trade surplus.The majority of trade specialists and economists dispute the idea that bilateral trade imbalances are undesirable in and of themselves.The difference between the monetary value of a country's exports and imports over a specific time period is known as the balance of trade, commercial balance, or net exports (often denoted as NX).A distinction between a trade balance for products and one for services is occasionally drawn. A flow of exports and imports over a specific time period is measured by the balance of trade. The term "balance of commerce" does not necessarily imply that exports and imports are "equally balanced."To know more about trade deficit with the given link
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Who gains from inflation?
a. those with the most skill.
b. no one benefits from inflation.
c. borrowers lenders
Borrowers and lenders gains from inflation. The rate at which prices for goods and services rise is referred to as inflation. Inflation occurs when the price of goods and services rises broadly, causing the purchasing power of money to fall. Depending on the circumstances, inflation can benefit both borrowers and lenders.
Prices can be directly affected by the money supply; prices may rise as the money supply rises, assuming no change in economic output. Because they may repay lenders with money that is worth less than it did when they took out the loan, borrowers profit from inflation. Inflation-related price increases increase credit demand, which raises interest rates in lenders' favor.
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What marketing strategy would be most effective at helping a fitness professional tell a story and create an instantly recognizable level of service
The marketing strategy that involves "creating a brand identity" is the one that would be most effective at helping a fitness professional tell a story and create an instantly recognizable level of service
What is a marketing strategy?This refers to the set of plans about marketing which are designed to fulfil the objectives of a business such as setting out of plans about product development, pricing and promotion to achieve marketing objectives.
However, the process of creating a brand identity will be most effective at helping a fitness professional tell a story and create an instantly recognizable level of service because it provide a physical features that can be reckon with.
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When a person enters another's personal space and is within 10 feet of the person, they are within someone's:______.
When a person enters another's personal space and is within 10 feet of the person, they are within someone's social distance.
The study of proxemics examines how people use space and how population density affects how they act, communicate, and interact with one another.
It is only through observation and with the help of powerful cultural influences that proxemics, a previously unnoticed aspect of interpersonal communication, is discovered.
The area in which a person feels physically and psychologically at home is known as their personal space. The majority of individuals respect their privacy, and when it is invaded, they typically feel uneasy, angry, or anxious.
Edward Hall, the founder of proxemics, the science examining how people utilize space, actually coined the phrase "social distance" to refer to the separation between interactions with acquaintances.
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In early adolescence, students face a choice between focusing on academic goals or social goals. what effect does this have in the long term?
When a student goes through early adolescence, they face a choice between academic goals or social goals and B. This decision does have long-term impact on educational success and choice of career.
What happens to students in early adolescence?When a student is going through early adolescence, there is an extra pressure to focus on social goals in addition to their academic goals.
This can affect their long term educational success if they focus on social goals more and can also affect the career that they go into.
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It should be noted that In early adolescence, students face a choice between focusing on academic goals or social goals and this have have effect in the long term because it has impact on educational success and choice of career.
Why do student in adolescence do face a choice between focusing on academic goals or social goals?
Student in adolescence do face a choice between focusing on academic goals or social goals because at that age, they can not make a proper decision by themselves, reason why they need good parenting or guardian.
However, educational success and choice of career is a product of the choice they make.
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What economic changes exemplified the breakdown of the old roman system in western europe?
The economic change Powerful lords turned to plunder and extortion to acquire luxuries. Workers left , gained independence, but lost agricultural productivity.
Europe has lost its sense of unity. Trade slowed, cities emptied, learning declined, and invaders swept the region.
The Middle Ages began in Western Europe after the fall of the Roman Empire. During this time, Europe remained connected to the rest of the world, but encountered many problems such as the Black Death. During the high Middle Ages, European trade flourished and European culture revived.
The simplest theory of the fall of western Rome is that a series of military casualties were suffered from the outside. Rome had been intertwined with Germanic tribes for centuries, but by the 300s "barbarian" groups like the Goths had advanced beyond the borders of the empire.
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For a person who travels often, the main consideration in purchasing a computer would be?
For a person who travels often, the main consideration in purchasing a computer would be portability.
What does portability mean in it?
If a computer program can be used in an operating system other than the one it was designed for without requiring extensive rewriting, it is said to be portable. The process of porting entails carrying out any work required to enable the computer software to function in the new setting.
What are the most important considerations when comparing computer systems?
The speed and storage capacity of the computer are among the more crucial factors. These factors are categorized under the term "computer specifications," which is used to describe how well a computer will function.
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Creates a matrix of requirements with pass/fail criteria based on the organizations framework controls making sure to include:________.
When a matrix of requirements with pass/fail criteria based on the organizations framework controls is created, make sure to include five technical controls specified within your guiding framework.
When a matrix of requirements with pass/fail criteria is created, you have to make sure to include five technical controls specified within your guiding framework. Suppose your guiding framework does not have technical controls enumerated, you can use NIST special publication 800-53.
Also, by using your design or architecture, you can create test cases for each of the five technical controls which are appropriate for your design. Solid academic writing style is expected, APA style is not required.
Hence, make sure to include five technical controls specified within your guiding framework.
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An object's _____ are the tasks or functions that the object performs when it receives a command to do so.
a. methods
b. utilities
c. instances
Answer:
C
Explanation:
I got it correct, hope it helps!
Government passed the _________________ to limit the power of large, consolidated firms that were run by trustees as if they were a single firm.
The government passed the Sherman Act in 1890 to limit the power of large, consolidated firms that were run by trustees as if they were a single firm.
The Sherman Antitrust Act: What Is It?An important American statute known as the Sherman Antitrust Act forbade firms from collaborating or merging to create monopolies. The law, which was passed in 1890, forbade these organizations from dictating, governing, and manipulating pricing in a certain market.
While regulating interstate trade, the act attempted to encourage economic justice and competitiveness. The Sherman Antitrust Act was the U.S. Congress' initial effort to deal with the use of trusts as a technique that allows a select few people to dominate a select few critical sectors.
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Ben and jerry’s lays off 500 workers during a recession, creating _____ unemployment.
Ben and jerry’s lays off 500 workers during a recession, creating cyclical unemployment.
A recession can be defined as a prolonged period of low or negative real GDP (manufacturing) growth accompanied by a significant rise in unemployment. Many other economic indicators are weak during recessions
This is the first stage, marked by a decline in activity across the economy. This can manifest itself in various ways. B. Lower levels of production, less employment, less spending by consumers and businesses.
Care and body care products such as toothpaste, deodorant, shampoo, and toilet paper are always in demand. Offering these types of items can position your business as a vital resource for consumers during difficult times. People want to be beautiful no matter how hard it is.
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The value of what businesses provide to other businesses is captured in the final products at the end of the __________ chain.
The required answer is production.
Production:
Producing something is the act of creating something out of components or raw resources. To put it another way, production employs inputs to produce an output that is fit for consumption—a good or product that has value for a customer or end-user.One of the most crucial steps in the manufacturing process, production is fundamental to what it means to be a manufacturer. Without this activity, no finished goods would be produced, leaving no products for buyers to purchase.The purpose of production is to provide the economy with commodities and services. Land is the primary factor of production, but term also refers to any other natural resource that is used to create commodities and services. This includes everything that comes from the land, not just the land itself.Learn more about production here brainly.com/question/24481793
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An organization is identifying applicants who have knowledge, skills, and abilities that will help the organization reach its goals. the organization is in the process of?
An organization is identifying applicants who have knowledge, skills, and abilities that will help the organization reach its goals. The organization is in the process of selection.
A selection process can be defined as the process of selecting and pre-selecting suitable candidates with the required qualifications and skills to fill vacancies within an organization. The selection process varies from industry to industry, company to company, and even departments within the same company.
Selection is defined as the process of selecting suitable candidates for available positions. Recruitment is described as a proactive process with an approach that attracts as many candidates as possible to open positions.
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A common criticism of the marketing system is that intermediaries ________. are overly protective of manufacturers' interests provide only essential services undervalue their service costs are too few in number mark up prices beyond the value of their services
A common criticism of the marketing system is that intermediaries mark up prices beyond the value of their services.
A market system is any systematic process enabling many market gamers to provide and call for assisting consumers and sellers to engage and make offers. It isn't always simply the rate mechanism but the entire system of regulation, qualification, credentials, reputations, and clearing that surrounds that mechanism and makes it perform in a social context.
A few authors use the time period "market device" to consult particularly to the loose market device. This text focuses on the extra well-known feel of the term in step with which there is an expansion of various market structures.
One of the examples is Amway. It's an American marketing company that manufactures beauty, home care, and health products. The brand belongs to a corporate vertical marketing system because it sells products only through its authorized stores.
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Some crypto exchanges allow their customers to employee leverage, and why is this not a good idea, according to full proof?
Since 2011, over $1.65 billion worth of crypto assets have been stolen, and the numbers are accelerating on a Keeping your digital assets in an exchange wallet is comes with added risks, so storing your cryptocurrency there for a long period of time is not a good idea.
What is cryptocurrency?A cryptocurrency, crypto-currency, or crypto is a digital currency that is designed to function as a means of exchange via a computer network and is not dependant on any central authority, such as a government or bank, to support or maintain it.
Mining is the process by which Bitcoin and other cryptocurrencies are created and transactions involving new currency are validated. It comprises large, decentralised networks of computers all over the world that verify and protect blockchains, which are virtual ledgers that record cryptocurrency transactions.
Cryptocurrency exchanges are lawful in the United States and are governed by the Bank Secrecy Act (BSA). In effect, this means that bitcoin exchange service providers must register with FinCEN, establish an anti-money laundering/counter-terrorism financing programme, and maintain adequate records.
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