When an operation reaches its break-even point the operation's revenue will equal its fixed plus variable expenses.
Within your budget, fixed expenses are those that never fluctuate, albeit they could periodically. Depending on the kind of expenditure, fixed expenses are paid on a regular basis and may vary somewhat, alter dramatically, or remain constant.
Regular fluctuations in variable expenses might be caused by daily decisions you make. Variable expenditures, in contrast to fixed expenses, can be unpredictable and fluctuating, but that doesn't mean they aren't required; many necessities fall into this category.
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In what ways might monetary policy be superior to fiscal policy?
Monetary policy does not require congressional approval, it is more flexible than fiscal policy. Conversely, monetary policy has a propensity to increase inflation more than fiscal policy.
A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements.
The Federal Reserve Bank of the United States carries out a monetary policy under a twin mandate to maximise employment while containing inflation.
A nation's overall money supply is managed by monetary policy, which also aims to promote economic growth.
Interest rate changes and adjustments to bank reserve requirements are examples of monetary policy strategies.
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Luis is able to organize coins in a row from the largest in size to the smallest. his newfound ability is called:_______
Luis is able to organize coins in a row from the largest in size to the smallest. His newfound ability is called seriation.
A coin is mostly a piece of tough cloth, normally metal, typically within the shape of a disc, and most usually issued via a government, for use as a form of money in transactions. On the side of banknotes, cash makes up the cash types of all cutting-edge money structures.
A coin is a small, flat, (typically, depending on us or cost) spherical piece of steel or plastic used mainly as a medium of exchange or felony soft. they may be standardized in weight, and produced in massive portions at a mint in an effort to facilitate exchange. They may be most often issued via a central authority.
Coins had been brought as a way of price across the 6th or 5th century BCE. the invention of cash continues to be shrouded in mystery: according to Herodotus (I, 94), coins have been first minted by using the Lydians, whilst Aristotle claims that the first cash had been minted by means of Demodike of Kyrme, the spouse of King Midas of Phrygia.
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What do economists use to describe the amount of good x that will be purchased at different prices of good x, at different prices of related goods, and at alternative income levels?
Demand Function : The demand function for good X describes how much X will be purchased at alternative prices of X and related goods, alternative levels of income, and alternative values of other variables that affect demand.
What is Demand Function?Demand function represents the relationship between the quantity demanded for a commodity (dependent variable) and the price of the commodity (independent variable).
Demand Function Formula
Mathematically, a function is a symbolic representation of the relationship between dependent and independent variables.
Let us assume that the quantity demanded of a commodity X is Dx, which depends only on its price Px, while other factors are constant. It can be mathematically represented as:
Dx = f (Px)
However, the quantitative relationship between Dx and Px is expressed as:
Dx = a – b(Px)
Where a (intercept) and b (relationship between Dx and Px) are constants.
Types of Demand Function
There are Two types of demand function are:
Linear demand functionNon linear demand functionLearn more about Demand Function on:
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You are involved in a car accident and a stranger contacts you offering a quick cash settlement and doesn’t want to deal with the insurance companies. you should:______.
Answer:
The answer depends on 2 vital elements
1. whether there are injured/dead people - you cannot accept the money. you must inform BOTH the Insurance company and the Police. otherwise it is a hit and run, which is a criminal offence and you will be penalized.
2.or there are no injured/dead people - then take the money and settle the dispute
Explanation:
Dealing with insurance companies is not a legal requirement and depends on your choice.
BUT,
if a person is injured or dead because of the accident, then not only should you inform the insurance company, but also you should inform the legal authorities (Police).
so, as I mentioned about, if it is just your car a and stranger's car that is damaged, then you can settle it without involving the insurance companies.
if a person or another party is involved, then you cannot!
hope this helps!
More volatility in returns produces ______ difference between the arithmetic and geometric averages.
More volatility in returns produces a large difference between the arithmetic averages and geometric averages.
When to use Arithmetic averages?
When working with independent data, such as the performance of many stocks or investments over a specific time period (otherwise geometric average may be better).when the data set's components are all equally significant (otherwise use weighted average).when you want simple, rapid, and approximate information regarding the general level. The simplest average to compute is the arithmetic averages.while a computer is not nearby. In comparison to geometric, harmonic, or weighted average, arithmetic averages is more simpler to compute mentally or on paper.Learn more about Arithmetic averages here:
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What factors are used in the rule-of-thumb methods to determine the communication budget?.
Prior sales and communication activities
To determine the current communication budget, rule-of-thumb methods use prior sales and communication activities. These methods are simple to implement, but they do have some limitations.
What is rule-of-thumb?
A rule-of-thumb is a heuristic guideline that gives simplified counsel or a fundamental rule-set for a certain subject or course of action. It is a broad principle that provides specific directions for completing or performing a task. Generally, rules of thumb emerge from practice and experience rather than scientific study or a theoretical underpinning.
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Suppose the economy is initially experiencing a short-run recessionary gap. an increase in the size of the budget deficit will?
An increase in the size of the budget deficit will lead to an increase in the size of the recessionary gap and decrease in real GDP of economy. When spending go beyond revenues, a budget deficit results, and it can be a good sign for a nation's finances.
The term "budget deficit" is typically used by the government to describe spending rather than revenue from companies or people. National debt comprises of accrued deficits. Inflation, or the ongoing rise in prices, is one of the main threats posed by a budget imbalance. When the Federal Reserve releases more money into the economy as a result of a budget deficit in the US, inflation increases.
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In an economy with no taxes and no imports, disposable income increases from $1,000 to $2,000. if consumption increases from $800 to $_____, the marginal propensity to save is 0.3
In an economy with no taxes and no imports, disposable income increases from $1,000 to $2,000. If consumption increases from $800 to $1500, the marginal propensity to save is 0.3
Explanation : MPS + MPC = 1
MPC = 1- 0.3 = 0.7
MPC = x - 800/2000 - 1000 = x - 800/1000
x = 1500
An economy encompasses all interests related to the production, intake, alternate, and distribution of available items and services. The control of these belongings is used to meet the needs of humans, businesses, agencies, and governments in a particular region.
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What is the effect on the accounting equation if a company does not write off specific, non-paying customers' accounts receivable?
There is no effect on the accounting equation if a company does not write off specific, non-paying customers' accounts receivable.
Accounts Receivable (AR): What Is It?The amount of money owed to a business for delivered or used but unpaid goods or services is known as accounts receivable (AR). The balance sheet classifies accounts receivable as a current asset. Any money owing by clients for purchases is done using credit known as AR.
What Distinguishes Receivables From Accounts Payable?
Receivables are assets that the company records as money owed to it for services delivered. On the other hand, accounts payable indicate money that the company owes to other parties. For instance, payments owed to creditors or suppliers. Liabilities are recorded for payables.
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When information is transferred from one network to another, domain names are converted to _____ by the domain name system (dns) protocol.
When information is transferred from one network to another, domain names are converted to Internet Protocol addresses by the Domain Name System (DNS) protocol.
What is DNS?The domain name system (DNS) is a naming database in which internet domain names are located and translated into Internet Protocol (IP) addresses. The domain name system maps the name people use to locate a website to the IP address that a computer uses to locate that website.
How DNS works?DNS servers convert URLs and domain names into IP addresses that computers can understand and use. They translate what a user types into a browser into something the machine can use to find a webpage. This process of translation and lookup is called DNS resolution.
The basic process of a DNS resolution follows these steps:
The user enters a web address or domain name into a browser.The browser sends a message, called a recursive DNS query, to the network to find out which IP or network address the domain corresponds to.The query goes to a recursive DNS server, which is also called a recursive resolver, and is usually managed by the internet service provider (ISP). If the recursive resolver has the address, it will return the address to the user, and the webpage will load.If the recursive DNS server does not have an answer, it will query a series of other servers in the following order: DNS root name servers, top-level domain (TLD) name servers and authoritative name servers.The three server types work together and continue redirecting until they retrieve a DNS record that contains the queried IP address. It sends this information to the recursive DNS server, and the webpage the user is looking for loads. DNS root name servers and TLD servers primarily redirect queries and rarely provide the resolution themselves.Learn more about DNS on:
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General and divisional managers, plant managers, and deans and department heads at colleges are classified as __________ management.
General and divisional managers, plant managers, and deans and department heads at colleges are classified as middle management.
What is referred to as middle management?
This is the term that is used to refer to the team of management that is existent in an organization or in any given business that are subordinate to the executive directors and other members of board.
These are the people that are known to perform the roles that have to do with giving instructions to those that are at the lower levels of hierarchy in the work environment.
Hence we can say that General and divisional managers, plant managers, and deans and department heads at colleges are classified as middle management.
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When the terms of a contract are well understood by each party, yet no words are spoken, such a contract is said to be a(n)_________.
Implied contracts are created by the words and the actions of the parties but is not written or spoken.
What are the rules of implied contract?
It is essential to demonstrate an unambiguous offer, an unambiguous acceptance, a shared desire to be bound, and consideration in order to prove the existence of an implied contract in fact. However, rather than through explicit written or oral agreements, these characteristics may be established by the behavior of the parties.
Why are implied contracts important?
Legal responsibility for an unjustly benefited party to provide restitution to the other party is known as an implied-in-law contract. It is utilized not only in the absence of a contract but also in the event of a complete breach of that contract.
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An individual who previously worked as a salaried corporate attorney loses his or her job. Subsequently, the individual now works as an hourly wage employee at a retail store. This individual has experienced which type of social mobility?.
This individual has experienced Vertical type of social mobility.
What is social mobility?Individuals, families, homes, and other groups of people migrate within or between social strata in a society, which is referred to as social mobility. It is a shift of social status in relation to one's current social position within a society.
The ability of people to migrate between socioeconomic strata during their lifetime and between generations is referred to as social mobility. [a] Individual results in nations with minimal social mobility are heavily influenced by their beginning point in life.
The link between a person's occupation or income and their parents' occupation or income is referred to as social mobility. There is less social mobility if there is a strong relationship. There is more social mobility where there is a weak connection.
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What happens to inflation and unemployment in the long-run phillips curve if the fed increases the growth rate of the money supply?
Inflation increases and unemployment decreases in the long-run Phillips curve if the fed increases the growth rate of the money supply.
The economic relationship between the rate of unemployment (or the rate of change in unemployment) and the rate of change in money earnings is depicted graphically by the Phillips curve. It reflects the belief of economist A. William Phillips that wages tend to increase more quickly when unemployment is low.
One important consideration in the Federal Reserve's determination of interest rates is the Phillips Curve. The Fed's mandate is to strive for maximum sustainable employment, or roughly the NAIRU level of employment, and stable prices, which it defines as inflation of no more than 2 percent. Historically, there has been an inverse correlation between inflation and unemployment. This implies that unemployment decreases as inflation increases. Conversely, higher unemployment results in reduced inflation. When more individuals are employed, they have more disposable income, which raises demand.
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How are power and the various globalisms linked? Can you provide an example from your own life?
Globalism is a means through which new manifestations of power are exercised. The power to affect which direction the world will take in the 21st century lies with a new generation of leaders and strategic thinkers who are, themselves, a product of this evolving global era.
Globalism illustrates important trends in international security that states ignore at their peril whereas the core concept of power remains the most important independent variable shaping international outcomes.
Globalism is best understood as a technologically facilitated proliferation of the means through which power within the international system is channeled and pursued.
The past decade has witnessed increasing scholarly attention to the role played by power in shaping global governance. For example, in 2014 political scientist Jeremy Shiffman called attention to the “critical need to investigate how epistemic and normative power get exercised in the global health field,” prompting an outpouring of reactions from other scholars.
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A foreign country's production of private-label goods to which a domestic company then attaches its brand name or trade mark is called?
A foreign country's production of private-label goods to which a domestic company then attaches its brand name or trade mark is called contract manufacturing.
A foreign company produces private label goods to which domestic company attach its own name and trademark just to deal with broad category of production .
The trade and co-operation agreement takes place between the companies to provide trade in goods and services like digital trade, intellectual property and public procurement. Providing the opportunity to attach with oping countries with assistance of private practitioners to use every foreign owned trademarks used on the goods produced.
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Following an active duty period of 45 days, when must an employee return to work or apply for reemployment?.
After accepting an application for reemployment, the organization ought to restore a returning worker no afterward than 45 calendar days after the reemployment request.
What is reemployment?Reemployment serves as an act of utilizing or being utilized, this may be after one has applied.
However, a representative must apply for this reemployment within 90 calendar days, at that point after this he will get incite reclamation to the position of record and the organization ought to reestablish a returning worker no afterward than 30 calendar days after the reemployment request.
In order to safeguard the employment rights of military personnel and veterans, the United States passed the Uniformed Services Employment and Reemployment Rights Act, which obliges companies to give them their jobs back once they have completed their service.
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When firms successfully achieve ____________ for their brand or brands, they have successfully achieved ___________.
When firms successfully achieve Differentiation for their brand or brands, they have successfully achieved Positioning.
What Is Brand Loyalty?
Unlike customer loyalty, which is money-based (prices and discounts), brand loyalty is perception-based (image and experience). Brand-loyal customers believe that a certain brand represents both higher quality and better service than any competitor—and the price does not matter.
Brand-loyal customers might make fewer total purchases, but the profit margins on their purchases are larger. Once established, brand loyalty is fairly easy to retain—assuming, of course, that product quality and service level remain high.
Brand loyalty is also less expensive to retain than customer loyalty, which requires constantly offering low prices and regular discounts to maintain best-deal-on-the-market status.
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A research approach that focuses on the actual content of texts and seeks to describe their meaning objectively and systematically, within the context of communication is called?
Quantitative content analysis is a research approach that focuses on the actual content of texts and seeks to describe their meaning objectively and systematically, within the context of communication.
What is quantitative content analysis?Quantitative content analysis is a research method that focuses on the actual content of texts and aims to objectively and systematically characterize their meaning within the context of communication.Quantitative content analysis is a research method that categorizes and records aspects of textual, visual, or aural information so that they can be studied. It is widely used in the field of communication, but it is also useful in a variety of other fields. Their main purpose was to quantify the text's words or phrases in order to provide an objective and systematic description of the content.Therefore, quantitative content analysis is a research approach that focuses on the actual content of texts and seeks to describe their meaning objectively and systematically, within the context of communication.
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What measure of central tendency most accurately captures the average wealth of most americans, and why?
Median American wealth, because the median is less sensitive to outliers
What is Median American wealth?The average net worth of an American is $121,760.
According to the Federal Reserve, the median net worth of Americans in 2019 was $121,760. This represents a $30,000 increase over 2010, however it remains lower than the median wealth recorded in 2007, 2004, and 2001, all prior to the 2008 recession.
In 2022, the average net worth of a 60-year-old in America will be around $200,000 per person. The typical net worth of an above-average 60-year-old who is particularly focused on his or her finances is closer to $2,000,000.
The average net worth of people aged 65 to 74 is $1,217,700 (with a median net worth of $266,400). Many people have retired at this stage, or have recently retired if they are at the beginning of the age bracket.
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When a consumer uses many evaluative criteria, such as fuel economy, acceleration speed, and the availability of extra features, to make a decision about purchasing a car, the consumer is doing what?
The customer is basing his decision on important features of the car.
Decision making of consumer
This decision making process is when a consumer evaluates the features of a product to see if it will best suit their needs in relation to other similar products or brands .
This is the phase three of the decision making process, which is generally done just before phase four, and this where the purchase decision is made.
Steps of purchasing decision
The consumer decision- making process involves five basic steps , this is the process by which consumers evaluate making a purchasing decision . The 5 steps are Problem recognition
Information search
Alternatives evaluation
Purchase decision
Post- purchase evaluation.
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Answer: Basing the decision on important features of the car
What is the federal housing administrations primary role in the mortgage market?
Ensure mortgages FHA-approved lenders provide home buyers is the federal housing administration's primary role in the mortgage market.
A mortgage is a contract between you and a lender that entitles the lender to take your property if you fail to repay the money and interest you borrowed. Mortgage loans are used to buy a home or borrow money depending on the value of a home you already own. 7 Things to Look for in a Mortgage.
Learn about the four main types of mortgages: conventional loans, FHA loans, VA loans, and USDA loans. You probably fall into more than one type, so take some time to learn the strengths and weaknesses of each type. An example of a mortgage is when you go to the bank to borrow money for your house. A mortgage is a loan taken out to buy a property and backed by the same property. An example of a mortgage is the loan you took out when you bought your home. Claim prepayment or liability claims.
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An investment adviser representative of a federal covered adviser only has insurance companies as clients. where must the adviser representative register?
An investment adviser representative of a federal covered adviser only has insurance companies as clients. where must the adviser representative register
The adviser representative register at there own states which give advise only to the insurance Companies, Because Investment advisory representatives are licensed and authorized personnel who work for investment advisory companies and are permitted to work with clients.
Adviser is normally a person with more and deeper knowledge in a specific area and usually also includes persons with cross-functional and multidisciplinary expertise.
Insurance is the amount for which something is insured.
Licensed is a formal permission from a governmental or other constituted authority to do something, as to carry on some business or profession.
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_____ deals with reporting to outsiders. _____ accounting deals with the internal operations of the firm. Group of answer choices Bookkeeping; Financial accounting External accounting; Internal accounting Financial accounting; Managerial accounting Financial accounting; Auditing Auditing; Managerial accounting
Financial accounting deals with reporting to outsiders. Managerial accounting deals with the internal operations of the firm.
Internal operations are internal within the feel that they're initiated now not through external requests from customers, but as an alternative internally by way of plug-ins. Use internal operation calls when your plug-in needs a listing Server to perform an operation for which no purchaser request exists.
An internal operations supervisor oversees strategies and develops techniques to optimize each day's operations. part of their activity is to carry out assessments and opinions, set hints and goals, manipulate and supervise a team of workers, take care of budgets, and delegate obligations among teams.
They analyze, control, screen, and plan every task from start to finish. every component of a task is controlled and controlled through your inner operations personnel- from preconstruction thru assignment crowning glory. No construction venture should ever take form without a hit inner operations team of workers.
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Which of the following statements about eyewitness testimony is false?
O The testimony is not based on specialized knowledge.
The testimony can't serve as evidence to prove facts.
O Testimony is given by someone at the crime scene.
O The testimony han come from a lay witness.
The given statement "The testimony can't serve as evidence to prove facts" cannot be marked as true. Thus, the given option is B). The testimony can't serve as evidence to prove facts.
What is eyewitness testimony?Eyewitness testimony basically refers to the legal term, which meant an observer describing what that person observed that occurred during the specific incident under investigation.
It is what happens when a person witnesses a crime or accident, or other legally important event and later gets up on the stand and recalls for the court all the details of the witnessed event.
It is basically refers to an account given by people of an event they have witnessed in their presence, exactly what happened and involves a more complicated process. Thus, the statement "The testimony can't serve as evidence to prove facts" is false.
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______________ is often defined as the process of planning, organizing, directing, and controlling.
Answer:
management
Explanation:
management is often defined as the process of planning, organizing, directing, and controlling
If a prospect's objection does not seem to make logical sense to the salesperson, it may be what is called a(n)?
If a prospect's objection does not seem to make logical sense to the salesperson, it may be what is called a Source Objection.
A buyer's declaration that there is a gap between what you're selling and the need they desire to be met is known as a sales objection.Some customers may be satisfied with your goods, but they may be hesitant to work with you as a salesman or the firm as a whole. This can be referred to this as a source objection.Even though this doesn't happen very frequently, it is crucial for salespeople to be ready for anything.A potential customer can make remarks regarding your standing, dependability, security, or how long your organization has been in operation. You might use the source objection as an opportunity to describe your company's or your own capabilities.Hence, a source objection may exist if a prospect's objection does not appear to make logical sense to the salesperson.
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According to the dividend discount model, the value of a stock does not depend on? growth rate cost of equity future dividends current dividend
According to the dividend discount model, the value of a stock does not depend on current dividend.
The dividend discount model (DDM) is a quantitative method which is used for predicting the price of a company's stock based on the theory that present-day price of company's stock is worth the sum of all of its future dividend payments when they are discounted back to their present value.
Dividend discount model attempts to calculate the fair value of a stock irrespective of the prevailing market conditions and takes into consideration the dividend payout factors and the market expected returns.
If the value which is obtained from the DDM is higher than the current trading price of shares, then the stock is undervalued and is qualifiable for a purchase and vice versa.
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A seller received a closing check for $210,150. the broker’s commission was 5 nd the closing costs paid by the seller amounted to $3,600. What was the selling price?
The selling price is $225,000.
What Are Closing Costs?
When there is a sale of real estate, both the buyer and the seller have to pay expenses. These expenses are called closing costs. Closing costs can be simply defined as the fees for services and products that are needed to help finalize the sale. The cost of each expense is itemized on the closing disclosure form.
The closing disclosure form was created by the Consumer Financial Protection Bureau (CFPB). Homebuyers and sellers are able to see a detailed view of the entire cost of a transaction. Join us as we review closing costs with a buyer and seller.
SOLUTION-
Sales price = (100% SP - 5%SP) + $3600 +$210,150
Sales price = (100%SP-5%SP)+$213,750
$213,750 = (100%SP-5%SP)
Sales Price = 95% = $213,750
Sales Price = $225,000
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What is a group of institutions that organize around a common set of concerns within a given industry?
A group of institutions that organize around a common set of concerns within a given industry is called an association.
An association is a group of people organized for the pursuit of a specific purpose. For instance, family is an association organized for the preparation of children, while marriage is its main institution.
Association is important as it provides opportunities to meet and engage with peers and colleagues. Associations are made up of people who share similar challenges and opportunities.
Hence, a group of institutions that organize around a common set of concerns within a given industry is called an association.
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