Free trade refers to a situation in which a government does not attempt to restrict what its citizens can buy from or sell to another country.
What is Free trade?A free trade policy is one in which imports and exports are not restricted. It is also known as the free market concept applied to international trade.
Goods and services can be bought and sold across international borders with little or no government tariffs, quotas, subsidies, or bans impeding their interchange under a free trade policy. Trade protectionism and economic isolationism are the polar opposites of free trade.
Without the impact of tariffs, quotas, or subsidies, free trade allows consumers to pick what is best for them. Increased international competitiveness provides similar benefits to increased domestic competition: - Greater efficiency. - More variety and distinctiveness.
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When a company uses the allowance method of accounting for uncollectible receivables, the entry to reinstate a previously written off account would include a:______.
When a company uses the allowance method of accounting for uncollectible receivables, the entry to reinstate a previously written off account would include a debit to Accounts Receivable.
Accounts receivable refers to unpaid invoices that a company has or money that customers owe the company. The term refers to an account that a company is entitled to receive for providing products or services. Accounts Receivable or Accounts Receivable represents a line of credit extended by a company, usually with terms that require payment in a relatively short period of time. It typically ranges from a few days to a fiscal or calendar year.
An entity recognizes a trade receivable as an asset on its balance sheet because the customer has a legal obligation to settle the obligation. Also, accounts receivable is a current asset, meaning that the account balance will be paid to the debtor within one year.
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According to the book, _____ is(are) a source of valuable information for new business owners trying to choose a location for their business
According to the book, commercial real estate firms are a source of valuable information for new business owners trying to choose a location for their business.
Process of choosing a business location is one of the most important aspects of starting a small business. If you are running a small retail or restaurant operation especially , finding the right location means everything for the owner of the restaurant. It can dictate the foot traffic, business atmosphere as well as the long-term success for your small business.
Finding the right location for your business means understanding the right qualities to look for in a potential space. Analyzing the area, reading about potential customer demographics, and n also considering where competitors are located are all important aspects to finding and choosing the right location.
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1. In what ways do you think the debt of your country influences the life of ordinary citizens? 2. Discuss with reference to a named government the strategies used to manage the country?s debt 3. Briefly evaluate whether the policies were successful.
higher debt crowds out investment in capital goods and thereby reduces output relative to what would otherwise occur
What is debt ?Debt is an obligation that forces one party, the debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed payment or series of payments that differs from an immediate purchase.
Student loans, mortgages, and company loans are examples of "good" debt, which is defined as money due for things that can help develop wealth or boost income over time. "Bad" debt is defined as credit card or other consumer debt that does little to help your financial situation. These are overstatements.
Debt refers to the amount of money that must be repaid, whereas financing refers to the provision of funds for use in commercial activities.
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You happen to believe that the market downturn is overdone, and that the economy will rebound strongly. if the capm holds, what does this imply about your portfolio allocation?
If the CAMP holds, these days in particular, international stocks are too volatile to hold in a diversified portfolio.
As the economic downturn has caused many firms to streamline their production activities, and focusing on a single product line, the Capital Asset Pricing Model (CAPM) is less useful than it once was, when firms had more diversified lines of business.
In order to test whether the alpha of any portfolio is statistically different from zero, one test of the CAPM is necessary. Thus, with the available stock returns data, the regression would be run.
Hence, these days international stocks are too volatile to hold in a diversified portfolio.
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An advantage of a small manufacturer over a large manufacturer is the speed with which new products can be introduced to the marketplace.true of false
It is True that An advantage of a small manufacturer over a large manufacturer is the speed with which new products can be introduced to the marketplace.
How can new products can be introduced to the marketplace?The new products can be introduced to the marketplace base on how big is the manufacturer, because it takes lesser period of time for smaller manufacturers to introduce product to the market because their chain of production channel is not long.
Hence, It is True that An advantage of a small manufacturer over a large manufacturer is the speed with which new products can be introduced to the marketplace.
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Recurring costs typically occur during the ____________________ phase of a project
Recurring costs typically occur during the execution phase of project. In order to offer your goods or services to your customers or internal stakeholders, you must follow out the specifics of your project charter during execution phase.
No matter how well you prepare, unless you can successfully carry out your ideas, your project won't be successful. The Project Execution Phase often takes up the greatest time and resources within project Management Life Cycle. By this point, it should be clear how important it is to make sure that your plans are carried out with meticulous accuracy and little to no deviation.
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A firm's _________ is the symbolic embodiment of all the information connected with a product or service
It is legal for mary ann to discharge all employees with nose piercings under the legal concept of?
98 It is legal for Mary Ann to fire an employee with a nose piercing, according to the legal conception of the Employ at will.
To do is a skin or cartilage piercing that forms any part of the nose. Among the different types of nose piercings, nostril piercings are the most common.
Earrings can hurt depending on where you pierce them. Luckily, the piercing itself is over very quickly and most customers experience little to no pain and/or a little bit of pinching or pulling.
Most people prefer to wear smaller gemstones than rings, but captive bead (CBR) rings may be more healing. Studs: Twist nose studs are comfortable, secure, and unobtrusive, making them a good first nose piercing. These stud earrings have curved posts that fit the piercing.
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Consider an economy described by the combined solow and romer model. if this economy is on its balanced growth path when an exogenous permanent increase in the depreciation rate occurs:________
This economy is on its balanced growth path when an exogenous permanent increase in the depreciation rate occurs, there will be an immediate growth effect.
Recall that population growth in the Solow model does not contribute to per capita income growth, which depends solely on the growth of (exogenous) technology. in Romer's model, population growth could be the source of her per capita income growth.
In the short run, increased savings and investment boost national income and output growth. Solow analyzes how increased savings and investment affect long-term economic growth. In the short run, higher savings and investment lead to higher national income and output growth in the short run.
The Solow growth model is an exogenous model of economic growth that analyzes changes in an economy's output levels over time as a result of changes in the rate of population growth, savings, and technological progress.
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If a large amount of heat was released at the start of the reaction, what effect would this have on the rate measurements?
If a large amount of heat was released at the start of the reaction, then it will decrease.
How does rate constant of reaction varies with temperature?With increase in temperature, the rate of the reaction and the rate constant increases.
As a generalization, the rate of the reaction (and the rate constant) becomes almost double for every ten degree rise in temperature. This is also called temperature coefficient.
What happens as you increase the temperature of a reaction?An increase in temperature typically increases the rate of reaction.
An increase in temperature will raise the average kinetic energy of the reactant molecules.
Therefore, a greater proportion of molecules will have the minimum energy necessary for an effective collision.
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If you want to compare your qualifications to an employers requirements, a t-letter is the best cover letter format to use. please select the best answer from the choices provided t f
Yes it’s true, If you want to compare your qualifications to an employer's requirements, a T-letter is the best cover letter format to use.
What is a cover letter? It is a form of an application that goes along with an applicant’s resume. It contains information about why you should be selected and where you got the information about the vacancy from. It must not contain any unnecessary information like your need for the job. It should not be extremely long and it should tell why a person is deserving of the role that they have applied for. A T-format cover letter uses a tool to divide the letter into two parts. It is best to compare your qualifications to an employer's requirements.To learn more about resume visit:
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The given statement "compare your qualifications to an employers requirements, a T-letter is the best cover letter format to use. " is True.
What is T-letter?
T-letters are similar to cover letters, except they don't "cover" anything. The T-letter begins with a paragraph and then has two columns. You provide the employment requirements for the potential employer in the left column, and you mention your qualifications in the right column in relation to those requirements.
What is cover letter?
One page long and attached to your job application is a cover letter (alongside your CV or Resume). Its goal is to give you a concise introduction and rundown of your professional history. Your cover letter should be between 250 and 400 words in length on average.
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For a cake baker, ingredients such as flour and eggs are examples of __________________ costs while her oven is an example of a _______________ cost
For a cake baker, ingredients such as flour and eggs are examples of variable costs while her oven is an example of a fixed cost. A variable cost is business expense that varies according to how much company produces or sells.
Variable costs rise or fall in relation to company's production or sales volume, rising as production increases and falling as production decreases. A fixed cost is one that does not change as quantity of goods or services produced or sold increases or decreases. Fixed costs are expenses that must be paid by business regardless of its specific business activities.
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What are some indicators that may support the need for an over target baseline/over target schedule?
The primary goal of implementing an over target schedule is to increase management control over the remaining project. While it results in a new baseline that is now higher than the contract budget base, it has been shown to improve control over the remaining contract work. Thus exceeds contract target cost is referred to as an Over Target Baseline.
A Total Allocated Budget (TAB) that has been formally reprogrammed to include additional performance management budget. It is calculated by combining the Contract Budget Base (CBB) and any additional performance management budgets. An over target schedule (OTS) is a condition in which a baseline schedule is time-phased beyond the contract completion date.
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The following information is for douglas manufacturing company for the month of may. All materials are added at the beginning of the production process. Beginning inventory 2,350 units, 40% complete direct materials $7,200 conversion $1,100 current month?s data 10,120 units started direct materials $51,612 conversion $53,904 ending inventory 1,000 units, 70% complete compute equivalent units of production.
70% complete compute equivalent units of production.
What is production?Production is the process of mixing several material and immaterial inputs to create something for consumption. It is the act of producing an output, such as a good or service, that has value and contributes to people's utility.
Land, labour, capital, and entrepreneurship are the four production factors.
Production has six sides, according to Peterson and Anand (2004): technology, law and regulation, industry structure, organisational structure, professional careers, and market.
The four elements of production are inputs utilised in various combinations to produce goods and services for a profit. Land, labour, capital, and entrepreneurship are the production factors. They are the supply inputs required.
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What is the major source for information about the financial condition of a government?
The balance sheet, income statement, and cash flow statement are the three most important financial statements. These three statements show a company's assets and liabilities, revenues and costs, and cash flows from operating, investing, and financing activities.
A cash flow statement is a financial statement that summarizes all cash inflows received by a company from ongoing operations and external investment sources. It also includes all cash outflows used to fund business operations and investments over a given time period. the precise amount of money you have available for that time period Depreciation, for example, is recorded as a monthly expense.
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How does a repo differ from a fed funds transaction? how do their rates compare?
A repo is basically a collateralized loan, whereas Fed funds are uncollateralized
What is collateralized loan?Collateralized loan obligations are a type of securitization in which payments from many small and big business loans are pooled and distributed to different classes of owners in different tranches. A collateralized debt obligation (CLO) is a type of debt obligation.
The use of a valuable item as collateral to obtain a loan is known as collateralization. If the borrower fails to repay the debt, the lender may seize and sell the asset to make up the difference. Asset collateralization offers lenders with some protection against default risk.
Collateral is a valuable object used to secure a loan. Lenders' risk is reduced by collateral. If a borrower fails on a loan, the lender can seize and sell the collateral to recuperate its losses.
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Heir own music academy where kids 7 to 18 can receive instrument or voice lessons and be part of a band that puts on a live show. Which step in the marketing process is the best place to begin?
Find out what young musicians want to accomplish and what is important to them as first stage in the marketing process. Marketing process indulges strategies to generate value for consumers to meet their needs. Customers and businesses engage in a cycle of actions and responses as a steps to add value and meet customer needs.
In marketing process, environment is analyzed to find opportunities, value proposition strategy is developed, tactical decisions are made, plan is carried out, and results are tracked. Strategic marketing analysis, marketing mix planning, marketing implementation, and marketing control make up the four steps of marketing process.
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What do all processes have?
a. inputs and outputs
b. equipment and facilities
c. workers and managers
d. purchased materials and services
All processes have inputs and outputs.
Every process have five components namely:
Events: Events are the conditions which are necessary to exist for the process to be performed.
Tasks: Task is the smallest unit into which the activity can be broken down into smaller parts.
Decisions: There are certain decisions which may have to be taken as the part of a process.
Inputs: A process cannot function without giving inputs. The correct inputs are just like the correct food for the process. Just like eating unhealthy food makes people unhealthy, giving wrong inputs makes the process unhealthy as well as inefficient.
Outputs: The outputs from the process must be continuously checked. It will help in measuring the effectiveness and efficiency of the process and suggesting changes whenever required.
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An amendment to the texas constitution requires a balanced budget. This means that _____.
Any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.
What does Texas Constitution require a balanced budget?Texas always keeps its budget balanced because the State Constitution demands it. The Texas state and local sales taxes exceed 10% of the individual transaction price. The primary operating fund for Texas is the General Revenue Dedicated Fund.A constitutional amendment known as the "balanced budget amendment" would restrict government spending to the amount of revenue it receives. Spending would need to be under control by the federal government.An amendment to the taxes constitution requires a balanced budget. This means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.
According to a balanced budget, a government should not spend more than its income. Thus projected incomes and expenditures should be equal.
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In alan blinder's major study of business practices, what proportion of companies reported economies of scale (falling unit costs)?
According to Alan Blinder, 11% of companies reported economies of scale. economies of scale mean the cost of production decreases with the increase in the production output. According to Alan Blinder monopoly companies and other big companies with huge production units enjoy economies of scale
Economies of scale refer to the phenomenon in which the average cost per unit of output decreases as the size or scale of the output produced by a firm increases.
This is an example of a natural monopoly. The most efficient number of companies is one. Further economies of scale arise when manufacturing complex products such as automobiles. The manufacturing process involves various complex steps.
There are two types of economies of scale: internal economies of scale and external economies of scale. Internal economies of scale are firm-specific or internally created, while external economies of scale arise from larger changes outside the firm. Both lead to a lower marginal cost of production, but the net effect is the same.
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The general plan of action that describes resource allocation and other activities for dealing with the environment and helping the organization attain its goals is?
The general plan of action that describes resource allocation and other activities for dealing with the environment and helping the organization attain its goals is strategy.
What is a strategy?A strategy is a broad plan for achieving one or more long-term or overall goals in the face of uncertainty. The notion of the "art of the general," covered a variety of subcategories of talents such as military tactics, siegecraft, logistics, and so on.In contrast with a view of strategy as planning, Henry Mintzberg of McGill University defined strategy as a pattern in a stream of decisions, while Henrik von Scheel defines the essence of strategy as the activities to deliver a unique mix of value - choosing to perform activities differently or to perform different activities than rivals.According to Max McKeown (2011), "strategy is about shaping the future" and is the human attempt to achieve "desirable ends with available means."Therefore, the general plan of action that describes resource allocation and other activities for dealing with the environment and helping the organization attain its goals is strategy.
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The amount of foreign currency required to purchase one u.s. dollar is called the ______ exchange rate.
The amount of foreign currency required to purchase one U.S. dollar is called the indirect exchange rate.
What is exchange rate?
The exchange rate is the amount of foreign currency that is equivalent to one unit of the local currency.
In this case, the local currency is the current in force in the local economy, the same U.S. dollar is the local currency of the U.S economy.
What is indirect exchange rate?
The indirect exchange rate is the foreign currency equivalence of the local currency, for instance, let's assume the dollar is exchanged for 1.20 Pound Sterling, the 1.20 Pound Sterling is the indirect exchange rate of one dollar since the dollar is not expressed in its own currency, but a foreign currency amount.
Overall, the missing word, in this case, is indirect, which means that the definition given fits perfectly for the indirect exchange rate
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Material requirements plus an allowance for normal inefficiencies are added together to determine the.
Material requirements plus an allowance for normal inefficiencies are added together to determine the standard quantity of a direct material per unit of output.
What is the standard quantity?The number of resources that should have been utilized to finish the period's output, as determined by multiplying the actual number of units produced by the standard quantity per unit.It is calculated by multiplying actual production units by the standard material quantity per unit. For example, during the month of March, a company manufactured 2000 items. The typical amount of material needed to produce one unit of output was 5 pounds.A standard amount against which a quantity is measured [e.g., gram, meter, second, liter, pascal; units of the aforementioned quantities]. Chemists conduct many measurements. If the mass of a substance is discovered to be 6.0 grams, this can be stated mathematically. m = 6.0 g.Therefore, material requirements plus an allowance for normal inefficiencies are added together to determine the standard quantity of a direct material per unit of output.
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The complete question is given below:
Material requirements plus an allowance for normal inefficiencies are added together to determine the ___________________ of a direct material per unit of output.
Charlene, a second-grade teacher, would like to help her students with dramatic play. She gathers together a variety of everyday items that have a common theme and creates a(n)?
Charlene, a second-grade teacher, would like to help her students with dramatic play. She gathers together a variety of everyday items that have a common theme and creates a dramatic play kit.
Dramatic play kit is helpful in drama play.
There are two types of dramatic play: structured and unstructured. Unstructured dramatic play provides children the freedom to choose their own roles and play scenarios.
Structured dramatic play has given specific guidelines or different prompts to get them started. Children are presented with a pre-determined scenario and then they must make choices and discover solutions for the topics given.
Both structured and unstructured dramatic play are important for the child’s emotional and social development.
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A firm has a general-purpose machine, which has a book value of $300,000 and is worth $500,000 in the market. If the tax rate is 21%, what is the after-tax cash flow from selling this machine
$458,000 is the after-tax cash flow from selling this machine.
1 WDV of the machine at the
time of use: $300,000
2 Sale value of machine $500,000
3 Profit/(Loss) on sale $200,000
4 Less: Tax on sale 21% $42,000
5 The opportunity cost of use is $458,000
Core paper. A company is a for-profit enterprise, usually incorporated as a partnership, providing professional services such as legal and accounting services. The corporate theory assumes that companies exist to maximize profits.
The term cash flow refers to the net amount of cash and cash equivalents entering and exiting a business. Money received represents inflows and money spent represents outflows.
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The fact that you cannot isolate the production of a ride through a ride-share service such as uber or lyft from its consumption relates to the service's _______
Each fan pays the price of $10 per ticket, and ads are free (total cost = 0). now suppose the total cost function is 800a-50a2. what is the profit-maximizing quantity of ads, a*?
In this part, TC=100A First Derivative of TR-TC, which equals to zero, will provide us with a quantity of A that maximizes profit.
= 50a^2 - 200a - 100a
= 50a^2 - 300a
First Derivative of above
100a - 300
Set function = 0 and solve for a
100a - 300 = 0
100a = 300
a = 3
the profit-maximizing quantity of ads, a is 3
Profit-maximizingIn the field of economics, profit maximizing refers to the short- or long-term process through which a company chooses the prices, input levels, and output levels that result in the largest profit. The typical model of the firm in neoclassical economics, which is currently the dominant approach to microeconomics, is one that maximizes profit. The output of Q* is the point where MR and MC intersect in the supply and demand graph. When a company produces at this output level, earnings can be maximized. (MR=MC) The red portion of the graph indicated that MR is more than MC when produced less than the output of equilibrium quantity (Q*). The company produces more because it can earn more money than it has to spend. Thus, overall profit will rise. However, if the output level exceeds Q*, MR will apply.
Each fan pays the price of $10 per ticket, and ads are free (total cost = 0). now suppose the total cost function is 800a-50a2. what is the profit-maximizing quantity of ads, a*?
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A project _____ negotiates with users who might have conflicting requirements or want changes that would require additional time or expense.
A project manager negotiates with users who might have conflicting requirements or want changes that would require additional time or expense.
Who is Project Manager?
A project manager is defined as the professional who is expert in project management. Managers have a responsibility of planning, procurement and execution of a particular projects.
Champion is refers to as the main part of a security project team that the main aim is to advance the ongoing project and ensured the financial assistance needed regarding that particular project.
A project managers directly talk with the users who have some problems regarding the requirements and they want to modify something. This whole process require more time or the expenses are differ than previous one.
At last, project manager's role including directing the completion of project as well the budgeting etc.
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What are questions you could ask during recruitment to better understand how a sorority aligns with your favored benefit?.
Participant observation is a better way to examine such cases.
What is participant observation?Participant observation involves seeing and taking part in a group's activities in their natural environment. It is also referred to as the verstehen method, field studies, and/or ethnography.
It is based on the grounded theory method, which creates a theory as evidence is gathered rather than having one already in mind.
Researchers, writers, and law enforcement are a few professions that use participant observation.
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Today you want to endow a scholarship that will pay $ per year forever, starting years from now. if the school's endowment discount rate is %, what amount must you donate to endow the scholarship?
You want to award a scholarship that pays $12,000 annually from one year to forever. If the school's basic deduction rate is 8%.
First, divide the future cash flow (FV) value by the present value (PV). Then multiply the amount obtained in the previous step by the reciprocal of the number of years (n). Finally, subtract 1 from the value to calculate the discount rate.
The term 'discount rate' is used when considering an amount to be received in the future and calculating its present value. The word "discount" means "to deduct a certain amount". Subtract the discount rate from the future monetary value to determine the present value.
For example, $100 invested today in a savings plan that offers 10% interest increases to $110. In other words, $110 (future value) discounted at a 10% interest rate is worth $100 (present value) today.
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