Answer:
economic role (managing economic conditions)One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where:.
The major difference is that; a perfectly competitive firm produces has the choice to dictate the number of products to make, whereas a monopoly system has market power.
What is the difference between perfectly competitive firm and a monopoly system.Perfectly competitive producers are those who can determine how the number of products to be made but not the price at which their output may be sold.
However, a monopolistic system has the power to dictate the price because there is only one producer and numerous customers. Hence, they possess a high market power than the perfectly competitive producers.
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After making a decision, Rosario seeks information that confirms the decision was a good decision and ignores conflicting information. This is an example of:
Rosario seeking information that confirms her decision was a good decision while she ignores conflicting information, is an example of: confirmation bias.
What is a confirmation bias?A confirmation bias can be defined as the tendency of an individual to search, favor and recall information in such a way that it's consistent, supports and favors one's existing beliefs and decisions.
In this context, an example of confirmation bias would be Rosario seeking information that confirms her decision was a good decision while she ignores conflicting information.
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In the United States, wetlands, formerly called swamps, used to be seen in negative terms as places with no positive values.
a. True
b. False
Answer:
True
Explanation:
I found the answer online
To increase the likelihood of preparing the most effective advertising messages, companies use ____, a category of IMC research. Group of answer choices tracking central location testing attitude testing pretesting unaided recall
To increase the likelihood of preparing the most effective advertising messages, companies use Pre-testing, a category of IMC research.
What do you mean by pre-testing advertising technique?Pretesting first evaluates the ad before playing it so that the chances of preparing the most effective ads, by allowing the opportunity to identify and eliminate weaknesses or errors increase.
Post-test testing is done after the ad has been published in the media.
Hence, the correct Option is Pre-testing advertising technique.
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Audrey, a team leader, wanted to make some changes in the seating arrangement of her team members to improve communication. She outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This is an example of
The example of communication illustrated by Audrey is two-way communication.
What is communication?
It should be noted that communication simply means the exchange of information between parties.
In this case, Audrey outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This form of communication that is illustrated by Audrey is two-way communication.
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This will give you 100 points so please answer fast and make it a good answer. Choose ONE of the organization structures from above: functional, divisional, or matrix.
Create an organizational chart for the internal organization of a business of your choice and assign the appropriate task to be performed to each department or individual.
Feel free to use the Internet to search for examples to use as a guide when creating your organizational chart. Be sure to include the URL links you used as resources in the space below.
Now include the following:
Identify your business or what your business sells.
State which type of organization structure you chose and why you chose that structure.
List the task(s) for each job in your organization chart.
The question tests your knowledge of Organograms and Organizational Structures. The structure used in this example is a functional organizational structure.
What is a functional organizational structure?Organizational Structures are the way businesses and organizations are organized.
Functional organizational structures are arranged or organized according to the functions that are available in the various departments of such an organization.
The organization structure attached is for revenue service. This structure is best for this kind of organization because it deals mostly with professional services that are intangible.
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Answer:
Explanation:
The question tests your knowledge of Organograms and Organizational Structures. The structure used in this example is a functional organizational structure.
What is a functional organizational structure?
Organizational Structures are the way businesses and organizations are organized.
Functional organizational structures are arranged or organized according to the functions that are available in the various departments of such an organization.
The organization structure attached is for revenue service. This structure is best for this kind of organization because it deals mostly with professional services that are intangible.
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The question tests your knowledge of Organograms and Organizational Structures - 1
The digital era and social media have caused major problems for businesses, including security breaches and ______.
The effect of the digital era has caused major problems for businesses such as security breaches and a reduction in productivity in handling e-mails.
What is the effect of the digital era and social media?The digital era has altered the laws of engagement, personal relationships, business, communications, and how people spend their time.
Social media, on the other hand, has always been connected with gaining more freedom, but it has also driven us to extremes levels of distraction and reliance that have altered how we interact with the world.
In business, the digital era has caused major problems such as security breaches and a reduction in productivity in handling large e-mails volume.
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Answer: The digital era and social media have caused major problems for businesses, including security breaches and false information.
Of the types of insurance discussed in this video which are required by law? Select all that apply. Collison O Comprehensive D Uninsured Motorist SR-22 Personal Injury Protection Bodily Injury and Property Damage Liability
The types of insurance that are required by law are Bodily injury and property damage liability and personal injury protection.
What do you mean by Insurance?Insurance refers to the contract under which an individual is entitled to receive financial protection from the insurance company. Life, health, homeowners, and auto are the common forms of insurance.
These policies are used to hedge the risk of financial losses. The types of insurance required by law are Bodily injury and property damage liability and personal injury protection.
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A seller wants to break even after the broker’s commission of 5% and loan balance of $300,000 are paid. At what price must the house sell?
At $315,789 the house must be sold after taking into consideration the broker's commission.
What do you mean by broker’s commission?A broker’s commission is a brokerage firm employee who is compensated for the number of trades they execute for clients.
These brokers typically earn a percentage of the assets traded by their clients, which means that the more a client trades, the more money they make.
In order to calculate the selling price, we have to start with 100% minus a 5% commission, which is 95% or .95.
Take $300,000 and divide this amount by .95.
This will give the amount or the price at which we can sell the house which is $315,789.
Thus, At $315,789 the house must be sold after taking into consideration the broker's commission.
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Henry, an employee at Marine Corp. , is known for his short temper. One morning, he gets into a heated argument with one of his supervisors and responds with hostility. Rather than immediately terminating Henry, his manager, Evelyn, calls him in for a discussion. Evelyn treats Henry with dignity and respect, listening to what he has to say about the incident. This scenario can be best categorized as one that uses
This scenario can be best categorized as one that uses as Interactional justice. Rather than immediately terminating Henry, his manager, Evelyn, calls him in for a discussion.
What is Interactional justice?Individuals believe they are being treated fairly when companies provide reasons for decisions and treat employees with dignity, respect, and sensitivity, according to interactional justice.
When a manager practices interactional justice, for example, the person will promote an employee based on experience, merit, and performance.
Thus, it is a case of Interactional justice.
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2. Why has the online channel been more successful in the computer hardware industry compared with the grocery industry
The online channel has been more successful in the computer hardware industry compared with the grocery industry Because computer hardware has a lot more useful compared to Groceries.
What is Supply chain management?Supply Chain Management (SCM) is the process of managing the movement of goods and services from raw product manufacturing to consumer consumption.
To transfer a product through each stage of this process, an organization needs a network of suppliers (who act as links in the chain).
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10,000 kcal of producer could support approximately _____ kcal of tertiary consumer.
Answer:
The answer is 10.
Explanation:
10,000 kcal of producer could support approximately 10 kcal of tertiary consumer.
In order to be reported, liabilities: Multiple Choice Must be of a known amount. Are at times estimated if the exact amount is not known. Must have certainty in exactly whom to pay. Always have a definite date for payment. Will always require a future outflow of cash.
In order to be reported, liabilities, such as contingent liabilities, are at times estimated if the exact amount is not known.
What is contingent liability?A contingent liability is a possible liability that may arise in the future, like unresolved court cases or product warranties that must be honored.
The liability should be recorded in a company's accounting records if it is expected to arise and it is possible to reasonably estimate the amount.
To guarantee that the financial statements are accurate and compliant with GAAP or IFRS requirements, contingent liabilities are at times estimated and recorded.
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Which statement is true about third parties in a contract?
OA. They don't need to be specifically named in the contract.
B. They are involved in the offer of the contract.
OC. They can sue if contract performance is not met.
On They're always involved in the acceptance of the contract!
Answer:
euyecshsud the answer is B !!!
Answer:
the correct answer is C (Sueing, they can sue if the contract is not met.
Explanation:
Select the correct answer from each drop down-menu.
Mike wants to create graphics for web pages and use them in e-learning sector. Which career is most suitable for Mike?
Mike can choose to be a ____ to create graphics for web pages and use them in e-learning sector. Jobs in this field demand at least a ____ degree in computer graphics, art, or a related field.
1st blank options are: sound producer, photographer, or multimedia artist.
2nd blank options: bachelor’s, associate, master’s
Mike wants to create graphics for web pages and wants to use them in e-learning. Mike can choose to be a Multimedia artist and this field requires at least a bachelor's degree in computer graphics, art, or related fields.
What do you mean by graphics?Graphics refer to the visual designs or images to illustrate, entertain or inform.
Multimedia artists are innovators that develop animation and designs for various industries.
Mike can choose to be a multimedia artist to create graphics for web pages and can use them in the e-learning sector. Jobs in this field demand at least a bachelor's degree in computer graphics or a related field.
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What is the name of the monetary policy rule that changes interest rates based on a target for the nominal gdp growth rate?.
The name of the monetary policy rule that changes interest rates based on a target for the nominal gdp growth rate is real GDP targeting.
What is a monetary policy?It should be noted that a monetary policy are the actions that are taken in order to control the money in circulation.
In this case, the name of the monetary policy rule that changes interest rates based on a target for the nominal gdp growth rate is real GDP targeting.
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Florists in the town of Minerva, Illinois, operate in a monopolistically competitive market. The price in long-run equilibrium for a flower shop is _____, and output is _____, than would be the case for a perfectly competitive firm with an identical production function and cost curves.
In a monopolistically competitive market, The price in long-run equilibrium for a flower shop is higher, and output is lower, than would be the case for a perfectly competitive firm with an identical production function and cost curves.
What is monopolistically competitive market?A monopolistic industry is one in which numerous businesses compete for the same products or services.
Entry and exit barriers are low in a monopolistic competitive industry, and one firm's decisions have little impact on its competitors.
Thus, it higher and lower.
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The four major types of limited-service merchant wholesalers are cash and carry wholesalers, drop shippers, truck jobbers, and __________. Group of answer choices transport vendors. rack jobbers. point of purchase wholesalers. display vendors.
Answer:
Rack jobbers
Explanation:
Jonathan's father opens a fast food restaurant selling burgers and hot dogs. After a couple of years, Joe's sister designs a logo for the food outlet.
The logo shows a smiling cheeseburger wearing a white cap over the brand name. Everybody liked the design, and now Joe would like to register
the design as their own. How can Joe get the design registered?
A.
as a patent with the United States Patents Office
OB. as a trade secret with the United States Trade Office
OC. as a trademark with the United States Patents and Trademark Office
OD. as a brand name with the United States court of law
OE. as a copyright with the Copyright Office
Jonathan can get the design registered as a trademark with United States Patents and Trademark Office. Thus, Option C is the correct statement.
What is the importance of a registering a trademark?Trademarking a logo is a simple process, but important considerations should be made before, during, and after the application filing process.
Logos are a distinct and important business asset that can make an unique impression on customers.
Therefore, in order to protect a logo and its unique identifier(s), business owners should think of trademarking a logo with the United States Patent and Trademark Office (USPTO). Option C is the correct statement.
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Answer:
C
Explanation:
These are the people that will give you the trademark.
A firm conducting an IPO of common stock sold 1 million new shares in the offering at an offer price of $10 per share. After the offering, the firm had 5 million shares outstanding, and the price of those shares in the secondary market was $12. The firm's market capitalization is ________.
The firm's market capitalization after the Initial Public Offering (IPO) with an outstanding shares of 5 million and current market price of $12 is $60 million.
What is market capitalization?Market capitalization is the value of a firm's outstanding shares based on the current market price.
For this firm, the market capitalization is calculated as $60 million ($12x 5million).
Thus, the firm's market capitalization is $60 million.
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The following hypothetical production possibilities tables are for China and the United States. Assume that before specialization and trade the optimal product mix for China is alternative B and for the United States is alternative U. [Note: 1 unit of apparel is 1,000 items and 1 unit of chemicals is 1 ton].
China Production Possibilities
Product A B C D E F
Apparel 80,000 64,000 48,000 32,000 16,000 0
Chemicals(tons) 0 32 64 96 128 160
U. S. Production Possibilities
Product R S T U V W
Apparel 240,000 192,000 144,000 96,0000 48,000 0
Chemicals(tons) 0 48 96 144 192 240
Instructions:
a. Are comparative-cost conditions such that the two countries should specialize? If so, what product should each produce? b. What is the total gain in apparel and chemical output that would result from such specialization?c. What are the limits of the terms of trade?d. Suppose that the actual terms of trade are 1,000 units of apparel for 1½ tons of chemicals and that 32,000 units of apparel are exchanged for 48 tons of chemicals. What are the gains from specialization and trade for each nation?
The opportunity cost for producing 1 unit of apparel is higher for China, therefore China should produce apparel and the US should produce chemicals.
What is opportunity cost?It should be noted that opportunity cost simply means the real cost of forgone alternative.
Without trade, China was producing 64000 units of apparel and 32 tons of chemicals. After specialization, China produces 144000 of apparel and US produces 144 tons of chemicals.
The gains from trade will be:
= 144000 - 64000
= 80000 apparels
The tons of chemicals will be:
= 144 - 32
= 112 tons of chemicals.
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What should be considered before accepting a job which requires physical labor?.
What should be considered before accepting a job which requires physical labor is: Working extended hours.
What is physical labor?Physical labor can be defined as the work perform by a person manually and this type of work are sometimes hard or tedious.
Before accepting a job that has to do with pysical labor the employee should check whether the job has an extended hours as this means that the job schedule is longer than the usual workdays schedule.
Therefore what should be considered before accepting a job which requires physical labor is: Working extended hours.
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The most important advantage to the corporate form of business is:.
Answer:
limiting the personal liability of its directors toward the company's creditors,
According to the _____________, many African Americans live in areas where there has been a reduction in work for low-skilled workers, and African-American men in particular often do not have the skills required to secure work in the current economy.
According to the b. skills mismatch hypothesis, many African Americans live in areas where there has been a reduction in work for low-skilled workers.
What is the skills mismatch hypothesis?The skills mismatch hypothesis is an attempt to explain the reduction in work for low-skilled workers, especially African Americans.
The skills mismatch hypothesis argues that skill demands in urban labor markets increase over time.
Unfortunately, African Americans do not have the job skills and educational attainments, unlike other population groups, thereby causing a skills mismatch.
Answer Options:a. residential segregation theory
b. skills mismatch hypothesis
c. deindustrialization perspective
d. "wage of whiteness" perspective
Thus, according to the b. skills mismatch hypothesis, many African Americans live in areas where there has been a reduction in work for low-skilled workers, and African-American men in particular often do not have the skills required to secure work in the current economy.
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The power the Federal Reserve has to control credit terms on some loans made by banks and other lending institutions is called ______ controls. Group of answer choices selective credit selective debit secure credit demand credit interbank feedback
The power the Federal Reserve has to control credit terms on some loans made by banks and other lending institutions is selective credit.
What is selective credit?This refers to the policy of Central Bank related to selective sectors of economy.
It controls the credit terms on some loans made by banks and other lending institutions. This power, called selective credit controls, includes consumer credit rules and margin requirements.
Hence, the power the Federal Reserve has to control credit terms on some loans made by banks and other lending institutions is selective credit.
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An investment center has income of $3,000,000 and average assets of $25,000,000. If the company has a target income of 12% of average assets, then residual income for the investment center is:
Based on the income of the investment center and the average assets, the center's residual income is $0.
What is the residual income for the center?First find the target income:
= 12% x Average assets
= 12% x 25,000,000
= $3,000,000
The residual income is:
= Income - Target income
= 3,000,000 - 3,000,000
= $0
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When preparing the statement of cash flows using the indirect method, depreciation expense is added to net income because it ______.
When preparing the statement of cash flows using the indirect method, depreciation expense is added to net income because net income is a starting point in measuring cash flows from operating activities
What is a Balance Sheet?This refers to the inventory taken for all goods available in a warehouse, showing its financial records.
Hence, we can see that when a person is preparing the statement of cash flows with the indirect method, there is the addition of depreciation expense simply because the net income must be factored in.
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A general decrease in wages will result primarily in the _____ curve shifting to the _____. aggregate demand; left short-run aggregate supply; left short-run aggregate supply; right aggregate demand; right
A general decrease in wages will result primarily in the aggregrate demand curve shifting to the shifting to the right.
What is the impact in the decrease in wages?
When there is a decrease in wages, it becomes cheaper to hire labor. As a result, there would be an increase in the demand for labor. This would shift the demand curve for labor to the right.
The decrease in wages, would shift the long run aggregrate supply curve to the left.
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The excerpt most directly expresses an economic perspective that:.
Prioritized regional interests is the excerpt most directly expresses an economic perspective. Since the south already had rivers to carry products and they did not want to invest on roads and canals that would not help American.
What is economic perspective?The application of the principles of optimizing behavior, demand, and supply to institutions and conduct in the political sphere is referred to as "economics from a political perspective."
Conservative economists, Progressive economists and Radical economists are the three discipline of economics.
Thus, Prioritized regional interests is the excerpt that express economic perspective.
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Jed owns corporate stock with a tax basis of $5,000 and a fair market value of $47,000. If Jed contributes the stock to a charitable organization, he can take an itemized deduction of $
If Jed contributes the stock to a charitable organization, he can take an itemized deduction of $5,000.
What is Itemized deduction?Itemized deduction can be defined as the money a tax payer can claim on their tax return so as to reduce their taxable income.
The tax basis of the amount of $5,000 is the amount that Jed can take as an itemized deduction.
Therefore Jed can take an itemized deduction of $5,000.
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