Suppose Alyssa is currently using combination D, producing one boat per day. Her opportunity cost of producing a second boat per day is three balls per day.
The possibility fee is time spent studying and that money to spend on some thing else. A farmer chooses to plant wheat; the possibility cost is planting a extraordinary crop, or an change use of the resources. A commuter takes the educate to paintings in preference to driving.
Now, suppose Alyssa is currently using combination C, producing two boats per day. Her opportunity cost of producing a third boat per day is six balls per day. From the previous analysis, you can determine that as Alyssa increases her production of boats, her opportunity cost of producing one more boat also increases. Because she can now make more boats per hour, Alyssa's opportunity cost of producing balls is more than it was previously .Learn more about opportunity cost here:-https://brainly.com/question/1549591
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Suppose congress cuts taxes and leaves spending levels untouched. this will do what to interest rates and the dollar exchange rate?
Beginning with the fact that all government spending must be paid for by someone—by previous, present, or future generations—generational accounting can begin.
In other words, over an unlimited period of time, taxes must be sufficient to cover all government transfers, debt payments, and purchases of goods and services.That is known as the "inter-temporal budget restriction" by economists.
The concept of "generational balance," or the idea that the net tax rate should be the same for present and future generations, is fundamental to generational accounting.
The advocates of generational accounting draw the conclusion that fiscal policy is out of generational balance if the net tax rate for future generations is higher than the net tax rate for newborns. However, as we will argue shortly, this criterion is absurd.
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Management: Who manages the company? : Is the manager(s) actively involved in the decisions of the business at Woolworths? : Will the managers be able to make informed decisions at Woolworths? What form of capital will be obtained at Woolworths? : What amount of capital could be raised at Woolworths? : Can the business raise extra capital for expansion at Woolworths? : Who will be taxed at Woolworths? What is the tax rate at Woolworths? : How does the tax rate compare with other forms of ownership at Woolworths?
This is a Research Response Assignment. The focus on "Management" using Woolworths as a case study.
Who manages the company?
The Group CEO of Woolworths is Roy Bagattini. He also doubles as one of the Executive Directors.
The CEOs of all the subsidiaries report to him. Some of the subsidiary CEOs are:
Zyda Rylands - CEO - Woolworths FoodRaju Vuppalapati - CEO - The Country Road GroupManie Maritz - CEO - Fashion Beauty and Home.Is the manager(s) actively involved in the decisions of the business at Woolworths?In Woolworths, line managers are responsible for the daily activities and decisions. The all report to the CEO. The CEO's report to the Group CEO and the Group CEO to the Board of Governors.
Will the managers be able to make informed decisions at Woolworths?Yes Managers in Woolworths are able to make informed decisions at Woolworths.
What form of capital will be obtained at Woolworths? What form of capital will be obtained at Woolworths? What amount of capital could be raised at Woolworths?The capital that will be obtained at Woolworths is subject to the finance requirement of the company.
Over the course of one round, Woolworths raised a total of ZAR500M in fundraising. On December 30, 2015, the above Venture - Series investment was raised.
It is also important to note that The Woolworths company reported total food sales of 44.44 billion Australian dollars for the Australian financial year 2021. This is a rise from the prior year and continues the rising trend that began in 2016.
Can the business raise extra capital for expansion at Woolworths?If there was a requirement for it, the company will certainly raise the required funds. As indicated above, their financial are suggestive of a growing and expanding company. Their financial status is indicative of strong financial health.
Who will be taxed at Woolworths?The tax rate applicable on sales items at Woolworths is always subject to the prevailing tax rate of the country in which their operation is domiciled.
The Value Added Tax will be paid by buyers of Woolworths goods, Personal Income Tax by it's staff and Company Income Tax by the company.
What is the tax rate at Woolworths?The tax rate for Woolworths Group is calculated to be 27.33 percent for the fiscal year that ended in June 2021.
How does the tax rate compare with other forms of ownership at Woolworths?The rates is relatively fair when compared with other forms of ownership at Woolworths.
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When channel members realize individual benefits can be maximized by working together, making the distribution more efficient, a _______ marketing system has been created.
When channel members realize individual benefits can be maximized by working together, making the distribution more efficient, as corporate vertical marketing systems marketing system has been created.
A system of distribution channel organization in which the orderly flow of products from producer to end-user is controlled by common ownership of the different levels of the system.
In a vertical marketing system, manufacturers, wholesalers, and retailers participate together in the production and distribution process. Therefore, business owners can manage their businesses efficiently and obtain a more significant market share. A vertical marketing system tries to eliminate competition and conflict that often arise between companies. As a result, there’s better efficiency and a reduction in production cost and product costs.
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You receive $100 today, $200 in one year, and $300 in two years. if you deposit these cash flows into an account earning 10 percent, the value in the account three years from now is?
Answer:
$628.49
Explanation:
Cash flows Discount factor Future value
$100 1.1449 $114.49
$200 1.07 $214
$300 1 $300
Future value $628.49
The discount factor is as follows
= (1 + interest rate)^number of years
For $100 the year is 2
For $200 the year is 1
For $300 the year is 0
Manufacturers can show that a device to be marketed is substantially equivalent to a marketed product that was on the market prior to 28 may 1976, by submitting a?
Manufacturers can show that a device to be marketed is substantially equivalent to a marketed product that was on the market prior to 28 may 1976, by submitting a Premarket Notification.
Device manufacturers who are required to register are required by Section 510(k) of the Food, Drug and Cosmetic Act to give FDA at least 90 days' notice of their intention to commercialize a medical device.
Premarket Notification, often known as PMN or 510, is what this is (k). This enables FDA to decide whether the device is comparable to a device that has already been classified into one of the three categories.
Thus, "new" devices that weren't classified and weren't in commercial distribution before May 28, 1976, can be appropriately identified.
Manufacturers of medical devices must file a premarket notification, specifically, if they plan to release a new device into commercial distribution or rerelease an older product with significant changes.
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If a company had its corporate headquarters in one city but its manufacturing plant in another, it would likely set up a(n)?
If a company had its corporate headquarters in one city but its manufacturing plant in another, it would likely set up a WAN.
A WAN or wide area network is defined as a computer network that connects smaller networks. A WAN is not tied to a specific location, allowing localized networks to communicate with each other over long distances.
The Internet is a WAN. A network of ATMs is a WAN. School networks are usually LANs. LANs are often connected to WANs. For example, your school's network may be connected to the Internet. WANs can be interconnected via the Internet, leased lines, or satellite links.
Because WANs consist of many systems, they tend to be less fault tolerant. It is usually owned, controlled, and managed by one person or organization. WANs (such as the Internet) are not owned by any organization, but are under collective or decentralized ownership and control and span long distances.
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CharCore mixes together wood chips and pine oil. After joint manufacturing costs of $2,000 have been incurred, the mixture separates into two products, granulated charcoal and methyl alcohol. At the split-off point, granulated charcoal can be sold for $5,000 and the alcohol can be sold for $9,000. The charcoal can be further processed at a cost of $6,000 to make air filters which could be sold for $15,000. The alcohol can be further processed at a cost of $7,000 to make a cleaning solvent which could be sold for $14,000. What is the net increase (decrease) in operating income from cleaning solvents?
Net increase in operating income from cleaning solvents is $4,000.
Additional revenue from further processing:
$15,000 - $5,000 = $10,000
Net increase:
$10,000 - $6,000 = $4,000
Revenue is the money earned from normal business operating and is calculated by multiplying the average sales price by the number of units sold.
The Net income is calculated by deducting costs from revenue . On the income statement, revenue is also known as a sales. Operating income is a company's adjusted revenue after deducting all operating expenses and depreciation. The costs incurred in order to keep the business running are referred to as the operating expenses.
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When a nation exports a good, its total surplus ________, and when it imports a good, its total surplus ________
When a nation exports a good, its total surplus "increase", and when it imports a good, its total surplus "increase".
What is export of goods?Exports are products and services made in one nation and offered to customers in another. Imports and exports together make up global trade.
Some key point regarding exporting are-
Modern economies rely heavily on exports because they give people and businesses access to a wide variety of new markets. Fostering economic commerce, boosting imports and exports for the advantage of all trading parties, is one of the main goals of diplomacy or foreign policy between countries.By extending operations to accommodate rising demand, exporting to overseas markets can frequently lower per-unit costs. Last but not least, businesses who export to overseas markets acquire new skills and expertise that may help them uncover cutting-edge technologies, innovative marketing strategies, and competitive insights from abroad.To know more about export of goods, here
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Which type of incontinence refers to the involuntary loss of urine due to extrinsic medical factors, particularly medications?
The involuntary loss of urine due to extrinsic medical factors, particularly medications is known as iatrogenic incontinence.
Drug-induced incontinence is known as iatrogenic incontinence. Some medications, including muscle relaxants and nerve system blockers, may cause the sphincter muscle to weaken. The typical transmission of nerve impulses to and from the bladder may be blocked by other medications, including antihistamines. Incontinence can result from neurological conditions such as stroke, brain tumors, multiple sclerosis, spinal cord injury, Parkinson's disease, and other conditions that affect the nervous system.
Reflex incontinence is the involuntary leakage of urine brought on by hyperreflexia when there aren't any of the typical voiding-related sensations. Urge incontinence is the involuntary leakage of pee brought on by a persistent, intense urge to urinate. Overflow incontinence is the unintentional loss of urine brought on by excessive bladder distention.
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What is your top priority when responding to emergencies and hazardous situations?
Ensure the safety of people in the area is your top priority when responding to emergencies and hazardous situations.
Your top priority in responding to events is to protect the safety of individuals. Do this before taking any other actions to protect data or the environment.
INTERPRETATION-
When an emergency occurs, the first priority is always life safety. The second priority is the stabilization of the incident. There are many actions that can be taken to stabilize an incident and minimize potential damage.
First aid and CPR by trained employees can save lives. Use of fire extinguishers by trained employees can extinguish a small fire. Containment of a small chemical spill and supervision of building utilities and systems can minimize damage to a building and help prevent environmental damage.
Therefore, we can conclude that the correct option is C.
Your question is incomplete, but most probably your full question was:
What is the top priority when responding to emergencies and hazardous situations?
A. Protect your organization's data
B. Prevent the release of hazardous elements into the atmosphere
C. Ensure the safety of people in the area
D. Reduce risk and exposure to litigation
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What information in the accounts payable subsidiary journal is entered after the amount of credit or debit?
Accounts payable is an account in the general ledger that controls the accounts payable subsidiary ledger.
What is account payable subsidiary?
An accounting ledger known as an accounts payable subsidiary ledger shows the transaction history and amounts owed to each supplier and vendor. Accounts payable (AP) from a supplier is merely a credit line extended to a company (the buyer) to provide them additional time to pay for the supplies.
Why does AP ledger requires a subsidiary ledger?
For some businesses, the accounts payable account has a significant volume. A subsidiary ledger for your accounts payable account will keep the specific spending data out of the general ledger account when you want to limit the transaction volume and amount of detail in your general ledger.
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Answer:
The Balance
Explanation:
Dr. ob has been hired to evaluate the effectiveness of the xyz company's training program in increasing worker productivity. in this example, the dependent variable is:_________
Dr. Ob has been hired to evaluate the effectiveness of the XYZ company's training program in increasing worker productivity. In this example, the dependent variable is Worker productivity.
Employee productivity, often known as worker productivity, is a measure of a worker's or a group of workers' efficiency. Productivity can be determined by looking at an employee's output over a certain length of time.
The corporate sector in the United States has been able to produce nine times more goods and services since 1947 while just slightly increasing the number of hours worked. Productivity gains enable a rising economy to produce and consume more goods and services while using the same quantity of labor.
To increase productivity within an organization, the following actions can be taken:
To promote the opportunity for learning.Make technology available to employees.Put the company's culture front and center.Boost communication protocol security.Determine your goals and match your performance to them.To know more about worker productivity refer to: https://brainly.com/question/26722911
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When a business faces a ________ demand curve, it will choose a combination of quantity and ________ to maximize its profit.
In a monopolistically competitive industry, when a business faces a downward-sloping demand curve, it will choose a combination of quantity and price to maximize its profit.
What is a monopolistically competitive industry?A monopoly is a firm that is distinguished by a lack of competition in a market and the absence of substitutes for its product. Monopolies can impose price increases and create barriers to entry into the market.When several companies offer competing products or services that are similar but not perfect alternatives, monopolistic competition develops. In a monopolistic competitive industry, the barriers to entry are low, and the decisions of any one firm have no direct impact on its competitors.When a business encounters a downward-sloping demand curve in a monopolistically competitive industry, it will choose a mix of quantity and price to optimize its profit.Therefore, in a monopolistically competitive industry, when a business faces a downward-sloping demand curve, it will choose a combination of quantity and price to maximize its profit.
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The complete question is given below:
In a monopolistically competitive industry, when a business faces a ________ demand curve, it will choose a combination of quantity and ________ to maximize its profit.
If you were christina, how would you design a process control plan to ensure that these requirements were met?
With the use of the seven standards from the hazard analysis and critical control points (HACCP), Christina must map the manner with a waft chart to discover all possible control points.
Thru the statistics within the flowchart, she wishes to identify vital manipulate points so as to identify the factors in that capacity dangers can be diagnosed and controlled or eliminated. She wishes to set up crucial limits for each of the identified manipulated points in an effort to perceive the requirements or operating variety wherein the food can be thoroughly processed. There will be methods mounted to determine whilst the cooking temperatures have to be monitored.
A process control plan (or just control Plan) is a record describing the technique step, the method's first-rate manages items, responding manipulate methods, and reaction plans. In different phrases, it's far a plan to govern manufacturing/carrier methods to guarantee the product, carrier, and manner necessities are met.
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True or false: the long-run aggregate supply curve will shift to the right with technological innovation.
The long-run aggregate supply curve will shift to the right with technological innovation. This statement is true.
An improvement in technology always shifts the aggregate production function PF1 to PF2 in the right direction. Other developments which could make an upward shift in the long run aggregate supply curve includes an increase in the capital stock as well as an increase in the availability of natural resources.
Before the technological change, firms employed very few workers at a real wage. If workers are much productive, firms be in profit to hire more of them . The demand curve for labor thus shifts from the initial point.
The real wage will rise and the natural level of employment will also rises. The increase in the real wage rate reflects enhanced productivity of labor, means the amount of output per worker.
The real GDP that the economy is capable of producing also rises. Higher the output means higher natural level of employment, because labor has become more productive as a result of the technological advancement.
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______ risk is reduced as more securities are added to the portfolio. multiple select question. unique idiosyncratic systematic market unsystematic
Diversifiable unique unsystematic risk is reduced as more securities are added to the portfolio.
A portfolio is a collection of financial investments such as stocks, bonds, commodities, cash and cash equivalents, including closed-end funds and exchange-traded funds (ETFs). Stocks, bonds and cash are generally considered to be the core of a portfolio.
Portfolio definition is a loose sheet or flat case used to carry an investment combination or a sample of a finished work. An example of a portfolio is a briefcase. An example of a portfolio is a person's various investments. An example of a portfolio is an exhibition of an artist's previous work.
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Suppose that a union successfully negotiated a 10 percent wage increase and the quantity of labor demanded increased by 10 percent. We can conclude that?
We can conclude that labor demand is unit elastic.
What is unit elastic demand for labor?The elasticity of demand for labor measures how the quantity of labor demanded when there is a change in the wages of labor. The the elasticity of demad is unit elastic, it means that when the ratio of the percentage change in quantity demanded to the percentage change in wage is 1.
The elasticity of demand for labor = percentage change in quantity of labor demanded / percentage change in wages
10% / 10% = 1
Here are the options:
labor demand is highly elastic.
the coefficient of labor demand elasticity is less than 1.
labor demand is unit-elastic
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Would the effect on aggregate demand be larger if the federal reserve held the money supply constant in response, or if the fed were committed to maintaining a fixed interest rate?
The increase in government spending will have a larger effect on aggregate demand and would be larger if the Fed were committed to maintaining the fixed interest rate since in this case the negative crowding out effect would be compensated for.
A fixed interest rate is an unchanging fee charged on legal responsibility, such as a loan or mortgage. it might follow during the complete time period of the mortgage or for simply a part of the term, however, it stays the same in the course of a set period.
A fixed interest rate mortgage is a mortgage in which the interest price would not differ all through the constant charge period of the mortgage. This lets the borrower to as it should be are expecting their future payments. Variable fee loans, by way of comparison, are anchored to the prevailing bargain fee.
A set interest price is a price that doesn't alternate at some stage in your mortgage, or at least for a particular length. united kingdom banks frequently appoint fixed interest costs for mortgages and financial savings money owed. as an example, banks will provide a 5% constant hobby charge in your savings for 365 days, which then drops to at least one% or much less.
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Steve Nowicki owns Food Monster, a grocery store chain. One of his employees threw away a banana peel but missed the trash can. As the employee was walking away, he heard a scream and a crash. A customer had slipped on the banana peel, suffering severe injuries to his knee and elbow. The injured customer decided to sue Food Monster. Although Nowicki's employee didn't mean for any of this to happen, the judge ruled that Food Monster had committed negligence, or an unintentional act that resulted in injury. This situation is an example of ________, or a civil wrongful act that resulted in injury to people or property.
This situation is an example of an accident, or a civil wrongful act that resulted in injury to people or property. Any action, omission, or false statement that violates law, particularly civil law, is referred to as a "wrongful act."
Unless it is done in the exercise of an equal or greater right, a wrongdoing violates rights of another to that people's detriment. Wrongful act can be illegal, immoral, antisocial activities that lead to civil lawsuit. They can also be errors, omissions, or breaches of duty by an officer or director of firm that lead to lawsuit against the company.
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What financial statements would natalie need in order to evaluate whether biscuits will be able to survive over a long period of time? explain what to look for
Financial statements would Natalie need in order to evaluate whether biscuits will be able to survive over a long period of time look for:
Balance sheet - breakup of assets, liabilities &Equity
Income statement (profit and loss) - income &expenses
cash flow statement - cash flow activities in respect to operating investing financing activities
+ retained earnings or something, shows retained earnings
The split of assets, liabilities, and equity is displayed on the balance sheet. The company's profit and loss are displayed in the income statement. The cash flow statement includes financing and investing, as well as operating activities.
Retained earnings are visible because they are displayed. The balance sheet is what is referred to as the balance sheet.
The balance sheet and cash flow statement is the statement of the balance sheet and cash flow. The income statement must consider income less expenses in order to determine the profit made by biscuits.
Current liabilities are compared to assets on the balance sheet. Financial statement accuracy, company and economic trends, and other factors are unknown.
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The term __________ refers to the purchase of new technologies to replace older ones.
The term technological substitution refers to the purchase of new technologies to replace older ones.
The simplest definition of technological substitution is the replacement of an older, well-established technology with a newer technology, whether it comes from the same technology family or has a new application.
Tracing financial innovation dissemination and substitution trajectories. The process of technological substitution may be characterized as the gradual replacement of "old" technologies by "new" ones.
The employment of computer programs to carry out operations that have typically been handled by humans is known as software substitution. There is a growing tendency toward software taking the place of employees. Automated checkouts and automated teller machines (ATMs) are two well-known examples.
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What is the annual interest rate of a fully amortizing, 20-year fixed rate $175,000 mortgage, with a monthly payment of $1,266.41?
6.125% is the annual interest rate of a fully amortizing.
What is amortizing?An amortising loan is a loan in banking and finance in which the principal of the loan is paid down throughout the life of the loan according to an amortisation plan, often through equal payments. Similarly, an amortising bond is one that repays a portion of the principal in addition to the coupon payments.
Amortization gives small businesses the benefit of having a consistent set payment amount that includes both interest and principal. An amortised loan spreads the principal along with the interest, resulting in a more manageable repayment plan.
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As lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she is engaging in the _______ stage of the communication process.
As Lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she is engaging in the encoding stage of the communication process.
What is encoding?Humans primarily communicate through encoding and decoding messages. The individual who creates and transmits the message is known as the encoder. The encoder must ascertain how the audience will interpret the message and make necessary changes to ensure that the audience interprets the message as intended. Encoding is the process of converting ideas into language. The message is transmitted by the encoder using a "medium" such a phone call, email, text message, in-person meeting, or other communication method.Different signals require different levels of conscious thought when they are encoded. The encoder should also care for any "noise"—such as other messages, distractions, or influences—that could obstruct their message.
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A person suffering from ________ can see distant objects more clearly than those that are close. color blindness hyperopia myopia cataracts vertigo
A person suffering from Farsightedness (hyperopia) can see distant objects more clearly than those that are close. color blindness hyperopia myopia cataracts vertigo.
Farsightedness (hyperopia) is a commonplace imaginative and prescient situation wherein you may see distant objects definitely, however gadgets nearby may be blurry. The degree of your farsightedness influences your focusing ability.
Farsightedness occurs when your eyeball grows too quickly from the front to return, or whilst there are troubles with the shape of your cornea clean the front layer of the attention or lens, an inner part of the attention that enables the attention focus.
Common symptoms of hyperopia encompass problems concentrating and retaining a clear consciousness on near objects, eye stress, fatigue and/or complications after near work, aching or burning eyes, and irritability or anxiousness after sustained awareness.
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A municipal bond has a coupon rate of 5.83 percent and a ytm of 5.53 percent. if an investor has a marginal tax rate of 28 percent, what is the equivalent pretax yield on a taxable bond?
The equivalent pretax yield on a taxable bond is 7.68%
Equivalent pretax yield = Tax free yield/(1 - Tax Rate)
Equivalent pretax yield = 5.53%/(1 - 28%)
Equivalent pretax yield = 7.68%
The tax-equivalent yield is the go back that a taxable bond might want to yield in an effort to same the yield on a similar tax-exempt bond, along with a municipal bond. The calculation is a device that investors can use to examine the returns between a tax-unfastened investment and a taxable opportunity.
Tax-equivalent yield is determined by taking the yield of a tax-exempt bond and dividing it by one minus an investor's federal profits tax bracket. for example, if an investor is within the 32.zero% federal. profits tax bracket, and is seeking to compare a. taxable bond with a four.zero% yield to a tax-exempt.
To calculate the tax-free equivalent yield, multiply the corporate bond yield by way of the whole tax charge. that is the tax unfastened equal yield. In different phrases, this is the return wished from a tax unfastened funding to identical the go back of a company bond.
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E-commerce technologies enable consumers to discover the actual costs merchants pay for products. this ability is called:_______.
E-commerce technologies enable consumers to discover the actual costs merchants pay for products. this ability is called: cost transparency
E-commerce (electronic commerce) is the buying and selling of goods and services, or the transfer of funds and data, over electronic networks (primarily the Internet). These commerce transactions are either business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer, or consumer-to-business.
The standard definition of e-commerce is commerce conducted over the Internet. Online stores such as Amazon, Flipkart, Shopify, Myntra, eBay, Quikr, and Olx are examples of e-commerce websites.
An e-commerce business is a business that buys and sells goods and services over the Internet. E-commerce businesses transfer money and data digitally to carry out these online transactions
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At any moment, over 10 million people in the united states are taking steps to launch a new business venture. These people are described as?
At any moment, over 10 million people in the united states are taking steps to launch a new business venture. These people are described as nascent entrepreneurs.
Who are nascent entrepreneurs?A budding entrepreneur is someone who is just starting out in business. According to this view, the budding entrepreneur might be considered as following an opportunity, or the chance to offer new services or products, target new markets, or create more productive manufacturing techniques in a way that is profitable.Distinguishes between nascent and novice entrepreneur?You could now be asking just what sets the two apart from one another. The aim is for aspiring entrepreneurs to develop into experienced businesspeople. that they take their business projects from the stage of attempt to actual operation.Learn more about nascent entrepreneurs here:
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Everything else held constant, when output is ________ the natural rate level, wages will begin to ________, increasing short.
Everything else is held constant, when output is below the natural rate level, wages will begin to fall and increase short.
The difference between an economy's actual and prospective output is quantified by the term "output gap" in economics. When an economy is operating at maximum efficiency, or when it is at capacity, potential output refers to the total amount of products and services it can produce.
The productive capacity of the economy is frequently used interchangeably with potential output.
A positive gap develops in a boom when output exceeds its potential level. It is common to refer to the economy in this situation as "overheating," which pushes inflation higher and may force the central bank to "cool" the economy by increasing interest rates.
When the output is below the natural rate level, wages start to decline and increase too slowly, all other things being equal.
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Chegg which of the five major sources of cost advantage contributed to the tata nano being the world’s least expensive car?
The Nano is the least expensive production car in the world. Cost saving features include: no power steering, a 2 cylinder engine, no airbags, and 3 lug nuts 4 . Cooperating especially well with suppliers 5 . Getting inputs from low cost locations.
Tata's tiny little car, the Tata Nano , is no longer billed as the cheapest car in the world. Online Motors Jason , senior editor at his magazine , recently received e-commerce giant Alibaba's "4 Wheels Electric Mobility Scooter" in a box. Car prices he $930-$1200.
The Tata Nano has become the cheapest car in the world thanks to the economical engineering and innovation of the designers at Tata Motors. They built cars that fit in small frames, and despite their low price, safety was not compromised.
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When a business is managed and owned by a group of individuals sharing in making the decisions and taking the risks, the business entity is considered to be:__.
When a business is managed and owned by a group of individuals sharing in making the decisions and taking the risks, the business entity is considered to be a Partnership.
What is Partnership?A partnership is an agreement in which two or more people, known as business partners, agree to work together to further their shared interests. Individuals, businesses, interest-based organisations, schools, governments, or combinations can form partnerships.
A partnership is a single business owned by two or more people. Each partner contributes to every facet of the firm, whether it's money, property, work, or expertise. In exchange, each partner shares in the company's gains and losses.
The goal of a partnership agreement (or partnership contract) is to create a legally enforceable contract between two or more individuals or other legal entities in order to establish a business entity. This partnership agreement specifies each partner's or entity's rights and duties.
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