Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called Universal Basic Income.
What is a Universal Basic Income (UBI)?UBI is a government scheme in which every adult citizen receives a set amount of money on a regular basis. A basic income system's aims are to reduce poverty and to replace existing need-based social programs that may require more bureaucratic engagement. The concept of universal basic income has gained traction in the United States as automation replaces labor in manufacturing and other sectors of the economy. A recent two-year experiment in Finland in which universal basic income essentially replaced unemployment benefits found that UBI users were no more likely than the control group to obtain new work.To learn more about Universal Basic Income from the given link
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Employers not infrequently ""mislabel"" employees as independent contractors in order to?
Employers do not infrequently "mislabel" employees as independent contractors in order to avoid liability for payroll taxes.
Employers label employees as "independent contractors" as this would reduce overall liability for payroll taxes.
Independent contractors are not permanent employees, nor are they eligible for employee benefits. These employees who are not on the payroll of the company do not enjoy certain benefits which are given to permanent employees of the company.
Independent contractors provide goods or services under contractual terms negotiated with their employer. Independent contractors are not employees and are therefore exempt from most federal labor laws. People such as doctors, dentists, veterinarians, lawyers, accountants, contractors, subcontractors, public stenographers, or auctioneers.
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Write 2-3 sentences to explain how obama's foreign policy compared to bush's foreign policy.
Answer:
In many ways, the two presidents had similar foreign policies. Obama inherited two wars from Bush and continued some of the strategy there. At the same time, Obama did not become involved with Syria (other than airstrikes) and seemed to be more sensitive to the consequences of military action in the Middle East.
Explanation:
edmentum
Answer:
In many ways these two presidents were they same.Obama's had picked up two wars from Bush and uses similar ways to end them as Bush did. Although Obama's did become involved with Syria and then became soft.
Explanation:
Describe questions that organizations must ask and steps they must take in change management processes.
Organizational change management that drives continuous change at speed and scale. Our change management services help you focus on doing the right things towards your goals. change education. embedded changes. The future of labor research. leadership training.
Change management typically has six components. leadership alignment, stakeholder engagement, communication, change impact and preparedness, training, and organizational design.
Organizational Change Management (OCM) is a framework for managing the impact of new business processes, organizational structural changes, or cultural changes within an organization. Simply put, OCM addresses the human side of change management.
Organizational transformation is a three-step process. Move - the transition from the old way of working to the new way of working. Refreeze – establish a new system in the way things are done.
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Connect and reflect evaluate your work by answering these questions: how did this activity help you understand the roles and priorities of the federal government during obama's administration? what would you like to know more about?
The Obama Administration stated that its general agenda was to "revive the economy, provide affordable and accessible health care to all, strengthen our public education and social security systems, define a clear path to energy independence and tackle climate change, end the War in Iraq responsibly
What is War?War is defined as a violent armed confrontation between states, governments, society, or paramilitary groups such as mercenaries, insurgents, and militias. It is marked by excessive violence, aggressiveness, damage, and mortality, and it employs either regular or irregular military troops.
The doctrine's goal is to ensure that a war is morally justifiable by establishing a set of criteria that must all be met for a war to be declared just. The criteria are divided into two categories: jus ad bellum ("right to go to war") and jus in bello ("right to fight") ("right conduct in war").
Some have stated that conflicts are primarily waged for economic, religious, and political reasons. Others say that most modern battles are waged for ideological reasons.
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Is it acceptable for a v. p. to bypass the normal routine to do business with a family member? why?
No. It is not acceptable for a V.P. to miss the normal routine to do business with a family member. Business is not done emotionally but it is done smartly, In doing such an act of favoring a family member in place of following the university’s policy, there should be a conflict of a hobby for J.Rbeing the vice president. He must put in mind that there need to be some people that can be affected by his moves.
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. Business types range from limited liability companies to sole proprietorships, corporations, and partnerships.
Typically, there are 4 primary types of businesses: Sole Proprietorships, Partnerships, limited liability companies (LLC), and corporations. before creating a business, entrepreneurs have to carefully consider which type of business structure is best suited to their enterprise.
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The fed’s efforts to manage interest rates and thus the availability of credit is known as:__________
The fed’s efforts to manage interest rates and thus the availability of credit is known as monetary 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 discount rate, reserve requirements, and open market operations are the three primary instruments of monetary policy.
As the nation's monetary policy regulator, the Fed affects the cost and availability of credit and money to support a robust economy. Controlling inflation, moderating employment levels, and preserving long-term interest rates are the three goals of monetary policy.
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What is average variable cost if total variable cost is $500, total fixed cost is $100, and output is 50?
The average variable cost will be $10
Total Variable Cost = $500
Total Fixed Cost = $100
Output = 50
AVC = TVC/Q
AVC = 500/50
AVC = 10
Average variable cost is determined by dividing total variable cost by production volume. Subtract the average variable cost from the average total cost. This ensures that you get an average fixed cost per unit. Average Total Cost (ATC) is determined by dividing Total Cost by Total Production. A typical total cost curve is usually U-shaped.
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When a buyer acquires inputs from a seller through an informal relationship, it is called:__________
When a buyer acquires inputs from a seller through an informal relationship, it is called Spot Exchange.
What is Spot Exchange?The price at which a person might currently exchange one currency for another, for delivery on the earliest feasible value date, is known as the spot exchange rate.Cash delivery for spot currency transactions typically occurs two business days following the transaction date (T+2), which is the conventional settlement date.The best way to think of the current exchange rate is as the cost in one currency to purchase another at any given time. Spot rates are typically decided on the forex market, which is a global clearinghouse for currency merchants, organizations, and nations.With trillions of dollars changing hands every day, the FX market is the biggest and most liquid market in the whole world. The US dollar, the euro, the British pound, the Japanese yen, and the Canadian dollar are the currencies that are exchanged the most. Numerous nations in continental Europe, notably Germany, France, and Italy, use the euro.To learn more about Spot Exchange with the given link
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Jorge’s monthly bill from his internet service provider was $25. the service provider charges a base rate of $15 per month plus $1 for each hour that the service is used. find the number of hours that jorge was charged for that month. a. 25 hours b. 20 hours c. 10 hours d. 15 hours please select the best answer from the choices provided a b c d
Correct answer is 10 Hours, option C.
What is a Linear Equation?A linear equation is one in which the variable's maximum power is always 1. A one-degree equation is another name for it.
Assume Jorge got paid for x hours that month.
The service provider now costs $1 every hour that the service is used.
As a result, the amount for utilizing x hours should be 1x = $x.
The monthly base cost is $15. As a result, the total cost should be x + 15.
It has now been revealed that Jorge's monthly Internet service provider cost was $25.
As a result, we obtain the equation
x + 15 = 25.
Subtracting 15 from both sides
x = 25 - 15
x = 10
As a result, Jorge was charged for 10 hours.
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Purchasing a copy of a popular app for your smartphone means that you have purchased only a copyright to install and use the software.
a. True
b. False
False Purchasing a copy of a popular app for your smartphone means that you have purchased only copyright to install and use the software.
What is copyright?A copyright is a type of intellectual property that grants the owner the exclusive right to copy, distribute, adapt, display, and perform a creative work for a specific period of time. The creative work could be literary, artistic, educational, or musical in nature.
Copyright, a type of intellectual property law, protects original works of authorship such as poetry, novels, movies, songs, computer software, and architecture.
The owner sells his or her ownership rights to another party in a copyright assignment and has no control over how the third party uses those rights. A copyright assignment is also known as a copyright sales agreement.
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What type of companies recognize revenues when they sell inventory to customers?
Manufacturing and Merchandising Companies are recognized revenues when they sell inventory to customers.
Merchandising company
A merchandising company buys tangible goods and resells them to consumers. These businesses incur costs, such as labor and material, to present and sell products . The operating cycle of merchandising company is the time between the purchase of the product and sale of the company.
Manufacturing company
A manufacturer is a person or company that produces finished goods from raw materials by using various tools, equipment , and then sells the goods to consumers, wholesalers, distributors, for the production of more complex goods.
Merchandising companies hold and account for product inventory , which makes their income statement inherently more complicated. The nature of increase or decreases in net revenue for each type of company is also different.
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Please help solve tommy has been using the same machines to make its name brand clothing for the last five years. A cost efficiency consultant has suggested that production costs may be reduced by purchasing more technologically advanced machinery. The old machines cost the company $100,000. The old machines presently have a book value of $60,000 and a market value of $6,000. They are expected to have a five-year remaining life and $1,000 salvage value. The new machines would cost the company $50,000 and have operating expenses of $10,000 a year. The new machines are expected to have a five-year useful life and $6,000 salvage value. The operating expenses associated with the old machines.
The operating expenses associated with the old machines $40,000.
What is operating expenses?An operating expense, operating expenditure, operational expense, operational expenditure, or opex is a cost that is incurred on a regular basis when a product, business, or system is operated. A capital expenditure, on the other hand, is the expense of developing or providing non-consumable pieces for the product or system.
The continual expenses incurred by the routine day-to-day operations of a business are referred to as operating costs. Running expenses comprise both costs of goods sold (COGS) and other operating expenses, which are sometimes referred to as selling, general, and administrative (SG&A) expenses.
There are three types of operating expenses: office, compensation, and sales and marketing-related expenses. Office-related expenses are incurred in conventional office environments and frequently include items such as office supplies, property taxes, rent, and insurance.
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The 2 steps required using the allowance method, are to ______. (select the 2 that apply.)
The 2 steps required for using the allowance method are to
The first step make an end-of-period adjustment to record the estimated bad debts and the The second step is to write off specific customer balances when they are known to be uncollectable.Companies normally use one of the two techniques to account for unrecoverable debt: the allowance method and the direct write-off method. The allowance approach anticipates and prepares for a positive quantity of unpaid debt while the direct write-off method deals with the debt only after it hasn't been paid.
The allowance method includes placing apart a reserve for horrific money owed which might be expected in the future. The reserve is primarily based on a percentage of the income generated in a reporting duration, probably adjusted for the risk associated with certain clients.
When it is determined that an account can not be gathered, the receivable balance must be written off. when the unit keeps an allowance for doubtful debts, the write-off reduces the outstanding accounts receivable and is charged in opposition to the allowance – do not record bad debt expenses again.
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A project has annual depreciation of $17,900, costs of $90,500, and sales of $131,500. the applicable tax rate is 40 percent. what is the operating cash flow?
The operating cash flow is $31,760.
What is operating cash flow?In financial accounting, operating cash flow (OCF), cash flow provided by operations (CFO), cash flow from operating activities (CFO), or free cash flow from operations (FCFO) refers to the amount of cash generated by a company from its revenues, excluding costs associated with long-term capital investment or securities investment. Operating activities comprise any spending or cash sources involved in a company's day-to-day business operations. Operating cash flow is defined by the International Financial Reporting Standards as cash generated from activities less taxation and interest paid.To calculate the operating cash flow:
Operating Cash Flow = Operating Income + Depreciation – Taxes + Change in Working Capital(131,500-90,500)(1-0.40)+(17,900×0.40)= $31,760Therefore, the operating cash flow is $31,760.
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The monopolist wants a price-quantity combination to fall in the _____ section of its demand curve, where a lower price means _____ total revenue
The monopolist wants a price-quantity combination to fall in the Elastic section of its demand curve, where a lower price means greater total revenue.
The relationship between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. The price and quantity demanded are often represented with the price on the left vertical axis and the horizontal axis, respectively.
When firms decide on prices, the demand curve can be a crucial instrument. This is so that the demand curve can display both the price at which consumer response declines and the price at which the greatest demand is elicited.
The demand curve changes the elasticity. Where price elasticity exceeds one (where demand is elastic) and falls below one (where demand is inelastic), is known as the elastic zone of demand. A decrease in price boosts overall revenue in the elastic region, while the opposite is true for the inelastic sector.
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At which stage would you conduct a swot analyses to understand the market and the strength of your product?
You can employ a SWOT analysis before you commit to any sort of company action, whether you are exploring new initiatives, revamping internal policies, considering opportunities to pivot or altering a plan midway through its execution.
What is SWOT analysis?SWOT analysis is a strategic planning and strategic management technique that is used to assist a person or organization in identifying the Strengths, Weaknesses, Opportunities, and Threats associated with company competitiveness or project planning. It's also known as scenario evaluation or situational analysis.
Internal corporate strengths and weaknesses are factors over which you have some influence and can modify. Examples include your team members, patents and intellectual property, and location.
A SWOT analysis is a method for documenting your company's internal strengths (S) and weaknesses (W), as well as external opportunities (O) and threats (T) (T). This information can be used in your company planning to help you reach your objectives.
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The current trend in state spending indicates that local governments will be picking up a ______ share of the cost of providing services to the citizens of texas in future.
The current trend in state spending indicates that local governments will be picking up a greater share of the cost of providing services to the citizens of Texas in the future.
The Texas charter divides kingdom authorities into 3 separate but same branches: the executive branch, headed by the governor; the judicial branch, which includes the Texas splendid court and all state courts; and the legislative department, headed by using the Texas Legislature, which includes the 150 contributors of the residence of representatives and the 31 individuals of the state senate.
There are three easy varieties of neighborhood governments in Texas—metropolis, county, and unique districts. a few cities and cities are referred to as municipal- ties. If a city government carries a manner of citizen request, it's far considered as a municipal government.
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Even though the united states has an unemployment compensation program that provides income for those out of work, should we still worry about unemployment?
Yes, as the unemployment compensation scheme only provides the unemployed with enough money to meet their basic necessities.
Payments provided to unemployed persons by authorised authorities are known as unemployment benefits, sometimes known as unemployment insurance, unemployment payment, unemployment compensation. Benefits are paid for in the US through a mandatory government insurance programme, not through individual citizen taxes. Those amounts may be little, merely covering the most basic requirements, or they could make up for the lost time proportionate to the prior earned wage, depending on the jurisdiction and the individual.
Only individuals who register as becoming unemployed due to no fault of their own are often eligible for unemployment benefits, and frequently only on the condition that they actively seek employment.
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According to the keynesian consumption function, an increase in disposable income will result in?
According to the keynesian consumption function, an increase in disposable income will result "an increase in consumption".
What is keynesian consumption function/consumption function?The consumption function, often known as the Keynesian consumption function, is now a mathematical expression expressing the functional connection between total expenditure and gross domestic product.
Some characteristics of keynesian consumption function are-
John Maynard Keynes, a British economist, introduced it and said it could be used to monitor and foresee total aggregate consumption spending.According to the traditional consumption function, changes in income and consumer spending are entirely correlated. If this were the case, aggregate savings ought to rise proportionately as the GDP does over time. The goal is to establish a mathematical link between consumer spending and disposable income, but only at the aggregate level.One of the pillars for Keynesian macroeconomic theory is the consistency of either the consumption function, which is based in part upon Keynes' Psychological Law to Consuming and is particularly striking when compared to the volatility of investment. The majority of post-Keynesians acknowledge that because spending patterns vary as income increases, so consumption function is just not long-term stable.To know more about consumption function, here
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Once swot analysis is complete, managers ___ to address the issues that came up during the analysis
Once the swot evaluation is complete, managers Formulate techniques to cope with the issues that came up at some point in the evaluation.
A SWOT analysis is a tool for documenting the internal strengths (S) and weaknesses (W) of your enterprise, in addition to outside opportunities (O) and threats (T). you could use these statistics in your commercial enterprise making plans to assist acquire your dreams.
Use SWOT evaluation to formulate strategies
Create a SWOT matrix.gather the right members.list your strengths.listing your weaknesses.pick out your possibilities.perceive your capacity threats.look at your matrix for connections.SWOT analysis is a framework for identifying and reading an organization's strengths, weaknesses, possibilities, and threats. those phrases make up the SWOT acronym. The number one purpose of SWOT evaluation is to grow recognition of the factors that cross into making a business selection or setting up an enterprise method.
A TOWS evaluation is an extension of the SWOT analysis framework that identifies your Strengths, Weaknesses, possibilities, and Threats but then goes similarly in trying to fit up the Strengths with opportunities and the Threats with Weaknesses.
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The total number of africans forcibly brought to all of the americas as slaves is estimated to have been as many as?
Answer:
eleven million
Explanation:
Your answer should be eleven million.
Motorcycle Manufacturers, Inc., projected sales of 53,300 machines for the year. The estimated January 1 inventory is 6,160 units, and the desired December 31 inventory is 7,270 units. The budgeted production for the year is
The expected January 1 stock is 6, hundred and sixty units, and the favored December 31 stock is 7,270 gadgets. The budgeted production for the year is 59,765.
The manufacturing budget calculates the wide variety of units of merchandise that need to be synthetic and comes from a combination of the sales forecast and the planned quantity of finished items stock to have on hand (generally as protection stock to cowl for sudden will increase in demand). production finances = Budgeted sales units – commencing inventory of finished goods + closing stock of completed true.
It compares the real overhead charges in step with a unit that had been carried out to the anticipated or budgeted value in line with the item. The formula for production volume variance is as follows: production volume variance = (actual units produced - budgeted manufacturing units) x budgeted overhead price in step with the unit.
There are particularly 3 types of components of the production finances, which include the Direct material budget, the Direct hard work price range, and the overhead price.
Manufacturing is the manner of creating or manufacturing goods and products from raw substances or components. In different phrases, production takes inputs and makes use of them to create an output that's fit for intake – an amazing product that has cost to a stop-person or customer. price of manufacturing or value charge or production prices can be calculated by including all direct and indirect fees of a manufacturing unit. right here is the system for calculating the price of manufacturing. the overall fee of manufacturing= cost of exertions cost of raw materials ie Overhead charges on production.
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What amount must be invested today at an interest rate of 5. 5% compounded monthly, if you want to purchase a $550,000 machine 5 years in future?
The amount that needs to be invested today at an interest rate of 5. 5% is determined to be $ 420,824.
Interest rate:
A fee charged by a lender to a borrower known as an interest rate is computed as a percentage of the principal, or the loaned amount. The annual percentage rate, or APR, is typically used to express the interest rate on a loan (APR).Given, Future value of the car F=$ 550,000Rate of interest (i) =5.5% per annum Interest time periods (n)=5 years.PART 1:In the provided problem, the future worth of an automobile, the interest rate, and the length of the investment are all predetermined.Calculating the amount that must be invested now in order to obtain cash equivalent to the car's future value at the conclusion of the investment period is required.For this purpose, we will need to apply the PRESENT WORTH COMPUND AMOUNT FACTOR (PWCAF). This factor can be expressed as: P W C A F=[tex]\left(\frac{P}{F}, i, n\right)=\frac{1}{(1+i)^{n}}[/tex]PART 2:The total amount that needs to be invested today can be computed as: P=P W C A [tex]\times F=\frac{F}{(1+i)^{n}} \\[/tex]P=[tex]\frac{550000}{(1+5.5 \%)^{5}} \\[/tex]P=420824 [Rounded off to whole dollars]Thus, the amount that needs to be invested today is determined to be: $ 420,824Learn more about interest rate here brainly.com/question/25793394
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Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clients' products and services. vitalink company is a(n) _____
Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clients' products and services. vita link company is an advertising agency.
Advertising agencies work with businesses to design and execute advertising campaigns and measure their success. You can also oversee promotions, branding, and marketing strategies.
The Big Five Advertising Agencies consist of WPP plc, Omnicom Group, Publicis, Interpublic Group of Companies, and Dentsu. Global advertising spending exceeded $563 billion in 2019. North America is the largest investor in this sector, followed by Asia and Western Europe.
External companies are known as advertising agencies. Examples of international advertising agencies are WPP and Omnicom Group.
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What are some ways to reduce the agency costs of equity?
a. caps on bonuses of managers
b. proper reporting limits on dividend
c. payments surveillance
Some ways to reduce the agency costs of equity are surveillance and proper reporting limits on dividends.
What does Agency Cost of Equity mean?
The disparity in interests between shareholders and management gives rise to the agency's cost of equity. The shareholders will be responsible for paying this expense as long as the management's interests conflict with those of the shareholders. Management could feel pressured to make less-than-ideal choices that don't maximize the firm's value.
There will be a cost involved with any steps used to monitor and stop this. Therefore, the costs incurred by the agency will include both the cost of the poor decision and the costs incurred in supervising the management to stop them from making these choices.
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Sean is a monopolist who operates a business rigging tablets to run twice as fast as the original specifications. If sean charges $40, he would have 10 customers, but if he lowers the price to $37, he would have 11 customers. What is the marginal revenue of the 11th customer?.
The answer is $7 because Marginal revenue is the change in total revenue from 10 customers ($400) to 11 customers ($407) How a monopolist maximizes profits.
How does a monopolist determine its profit-maximizing level of output How does it determine the price that it charges?
The monopolist will select the profit-maximizing level of output where
MR = MC
and then charge the price for that quantity of output as determined by the market demand curve. If that price is above average cost, the monopolist earns positive profits.
How a monopolist maximizes profits
Because Chuck, a sole commercial airplane operator in small isolated town, has no competition, he has complete control of market price of air travel in his small tone
Reduced price → increase in ticket sales
Monopoly maximizes profit by choosing an amount of profit in which marginal revenue equals marginal cost (MR= MC) Since Chuck must reduce his price to sell more units, he has an incentive to sell a smaller quantity than a perfective competitive company
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A fall in the u. s. interest rate differential ______ the demand for u. s. dollars
A fall in the U.S. interest rate differential decreases the demand for U.S. dollars.
Demand for the dollar is typically excessive as it is the world's reserve foreign money. other elements that have an effect on whether or not or not the dollar rises in value in evaluation to every other foreign money encompass inflation prices, change deficits, and political balance.
Higher interest rates have a tendency to attract foreign investment, growing the demand for and cost of the house American foreign money. Conversely, decrease interest prices have a tendency to be unattractive for foreign funding and reduce the forex's relative fee.
The cost of money is decided through the charge stage. If prices inside the u.s.a. upward thrust faster than the ones of different nations, people will typically count on the foreign exchange value of the U.S. dollar to fall. call for U.S. dollars will lower and delivery will increases.
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An ecosystem generally requires solar energy, nutrients, decomposers, consumers and?
An ecosystem generally requires solar energy, nutrients, decomposers, consumers and producers.
An ecosystem is a community or group of living organisms that live in together and interact with each other in a specific environment. Ecosystems are considered as the foundation of Biosphere which maintains the natural balance of the earth.
An ecosystem requires nutrients, decomposers, consumers and producers. For instance, let's take the relationship between deer and lion in the ecosystem. So, for its survival, the lion eats the deer. Thus, each relationship like this has an effect on other creatures and plants living in the same environment.
Hence, the structure of an ecosystem is related to its species diversity.
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A company rents a building with a total of 55,000 square feet, which are evenly divided between two floors. the total monthly rent for the building is $49,500. the company allocates $33,000 of total rent expense to the first floor and $16,500 of total rent expense to the second floor. how much of the monthly rental expense should be allocated to a department that occupies 10,000 square feet on the second floor?
the monthly rental expense should be $8,000
What is expense?An expense is defined as any item that necessitates the payment of money, or any type of fortune in general, to another person or organization in exchange for an item, service, or other category of charges. Rent is an expense for a tenant. Tuition is an expense for both students and parents.
The cost of manufacturing and operations is referred to as cost. Rent, utilities, and other set monthly expenses are examples of expenses. A cost is an estimated amount that people pay or spend when they go shopping. It can be precise, such as asking the showroom owner how much an Audi costs in America.
Given:
total monthly rent for the building is $49,500.
the company allocates $33,000 of total rent expense to the first floor.
$16,500 of total rent expense to the second floor.
To find: the monthly rental expense should be allocated to a department that occupies 10,000 square feet
solution:
The computation of the monthly rental expense allocated is shown below:
Rent allocated to 1st floor:
= $30,000 × 2 ÷ 3
= $20,000
There is 50,000 square feet i.e. equally divided between first floor and second floor. so 25,000 square feet for each floor.
Now
Rent allocated to 10,000 square feet:
= ($20,000 ÷ 25,000) × 10,000
= $8,000
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Taylor is analyzing the effects of wage rates on the supply of laptop computers. by using the ceteris paribus assumption, taylor is?
• Holding wage rates constant
In the Ceteris Paribus assumption, influencing factors are kept constant while the rest of all the factors are set equal so in this above statement wage rate is the influencing factor so this factor will be constant
For example:
As we know that with an increase in wage rate supply of laptop computers will increase or will change before then therefore the change in wage rate is directly influencing the supply of laptops.
While all other retail and supply-demand factors are kept constant. So as we know that according to the Ceteris assumption:
If coke's price will increase its demand will be reduced and the price is an influencing factor that in that condition it should be set to be stable or constant.
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