mitchell orally agrees to pay lorena to plant and harvest a quarter of mitchell's farm acreage for four soybean seasons. after lorena prepares the land and plants the first crop, mitchell says that their deal is off. lorena can most likely recover

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Answer 1

The term used for a promise that has no writing or documentation is an oral agreement. Mitchell and Lorena have an oral agreement to pay Mitchell to plant and harvest a quarter of Mitchell's farm acreage for four soybean seasons. After Lorena prepares the land and plants the first crop, Mitchell states that their agreement is null and void.

What recourse does Lorena have in such a scenario? Lorena is likely to be able to recover damages in court. When two or more people come to an oral agreement, it is binding on both parties, but the terms of the agreement may be more difficult to enforce because there is no written record of the agreement. If the parties involved have a legitimate disagreement or dispute over the terms of an oral agreement, the agreement's terms become he said, she said. If the person who received the better bargain agreed to the oral agreement and then breaks it, the other party has the right to sue for damages.

To obtain an order of specific performance, the person who broke the oral agreement must be sued. They're suing to compel that person to keep their end of the bargain.

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if the nominal interest rate is 5 percent and the real interest rate is 2 percent, then the inflation premium is: group of answer choices 3 percent. 5 percent. 2 percent. 8 percent.

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In this case, the nominal interest rate is 5 percent and the real interest rate is 2 percent, so the inflation premium is 3 percent.

The inflation premium is the difference between the nominal interest rate and the real interest rate.

The nominal interest rate is the stated interest rate on a loan or investment, which includes an inflation premium. The real interest rate is the rate of return after inflation is taken into account. It represents the amount of purchasing power gained on an investment.

The inflation premium is the difference between the nominal and real interest rates and is an indicator of inflation in the economy. In this case, the inflation premium is 3 percent, which means that prices have increased by 3 percent.

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suppose the m2 money supply is $13 trillion, including:$7 trillion in savings accounts$3 trillion in checking accounts$1 trillion in money market mutual funds$1 trillion in certificates of deposit$1 trillion in currencywhat is the m1 money supply?type an answer and press enter to submit

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The M1 money supply is the sum of currency, demand deposits, traveler's checks, and other checkable deposits. In this case, the M1 money supply is $13 trillion, since it includes $7 trillion in savings accounts, $3 trillion in checking accounts, $1 trillion in money market mutual funds, $1 trillion in certificates of deposit, and $1 trillion in currency.

Currency includes coins and paper money, and demand deposits are the funds that people have in their checking accounts. Traveler's checks and other checkable deposits are funds that customers can access quickly, such as those in online accounts.

In summary, the M1 money supply is the sum of currency, demand deposits, traveler's checks, and other checkable deposits. In this case, the M1 money supply is $13 trillion, as it includes $7 trillion in savings accounts, $3 trillion in checking accounts, $1 trillion in money market mutual funds, $1 trillion in certificates of deposit, and $1 trillion in currency.

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calculate the present worth of $66,500 to be received 6 years from now, if the predicted real rate of return is 15% per year and the inflation rate is 10% per year.

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The present worth of $66,500 to be received 6 years from now can be calculated using the formula:

Present worth = Future worth / (1 + r)n

where

r = the real rate of return n = the number of years

To calculate the present worth of $66,500 to be received 6 years from now, we need to adjust it for inflation. The adjusted future worth can be calculated as:

F = $66,500 × (1 + 10%)6F = $66,500 × 1.77156F = $117,875.20

Now, we can use the formula to calculate the present worth:

P = $117,875.20 / (1 + 15%)6P = $50,000.99

Therefore, the present worth of $66,500 to be received 6 years from now, given the predicted real rate of return of 15% per year and inflation rate of 10% per year, is $50,000.99.

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select all that apply employee income tax depends on: (check all that apply). multiple select question. employer's income number of employer withholding allowances employee's income number of employee withholding allowances

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Employee income tax depends on the following factors: Employee's income and Number of employee withholding allowances.  The correct options are C and D.

Income tax is a tax imposed by the government on individuals or entities based on their income or profits. It is a direct tax that is levied on the earnings of individuals, businesses, and other entities.

The employer's income and number of employer withholding allowances do not directly impact the employee's income tax. The employee's income and the number of withholding allowances claimed by the employee affect the amount of income tax withheld from their paycheck.

Thus, the ideal selection is Employee's income and Number of employee withholding allowances.

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lucille bought some stock 10 years ago that has hovered at half its purchase price over the last 5 years. however, lucille refuses to sell the stock, thinking that if she waits long enough, she will recover her investment. what type of behavior does this represent? bounded rationality risk aversion loss aversion mental accounting

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The type of behavior represented by Lucille's decision to hold onto her stock despite it being half its purchase price is called loss aversion.

Loss aversion refers to the tendency for individuals to experience more pain when losing something than pleasure when gaining something of equal value. Loss aversion can be seen in investors who hold onto a stock despite a significant decline in price, as they fear realizing the loss and experiencing the accompanying emotional pain. Lucille's behavior is an example of loss aversion because she refuses to sell her stock, even though it has dropped to half its purchase price, in the hope that it will recover. She is willing to endure the pain of a loss if there is a possibility that it will recover, rather than cutting her losses and selling her stock.

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abc, inc. is considering diversifying into a new industry. however, they currently do not have enough cash on hand to make an acquisition nor do they have the human capital to do so through internal mechanisms. a good alternative for abc, inc. would be to .

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A wise alternative for ABC, Inc. would be to create a joint venture or strategic partnership with a industry that has already made a name for itself in the new market.

Establishing a joint venture or strategic alliance with a company that has established a presence in the new market would be a smart solution for ABC, Inc. By creating a strategic partnership or joint venture, ABC, Inc. is able to benefit from the knowledge, assets, and established market presence of the partner business without having to make a sizable upfront investment or develop new internal skills. By doing this, ABC Inc. is also able to share the risk and possible benefits of the new business endeavour with the partner firm. ABC, Inc. can hasten its entry into the new industry and raise its chances of success by working with an established company in the sector.

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how are firms with virtual structure are organized? group of answer choices they are structured with a president and vice presidents of marketing, finance, hr, and design. the sales and design teams cross-collaborate, and the other functions are outsourced. they are organized around their main client types. their employees work from their home offices and communicate via video conferencing and other technologies.

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Firms with a virtual structure are organized around a decentralized model that relies on technology to coordinate the work of remote teams.

Unlike traditional hierarchical structures that are centered around physical locations, virtual firms allow employees to work from anywhere and collaborate through digital platforms.

Typically, virtual firms are organized around project teams that are assembled to address specific client needs. These teams may be cross-functional and may include individuals with expertise in areas such as design, marketing, finance, and engineering. Virtual firms may also outsource some functions, such as accounting or IT, to specialized service providers.

Communication and collaboration are critical components of a virtual firm's organizational structure. Teams may use video conferencing, instant messaging, email, and other technologies to stay in touch and share information.

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the farley corporation starts the year with a beginning inventory of 3,000 units at $5 per unit. the company purchases 5,000 units at $4 each in february and 2,000 units at $6 each in march. farley sells 1,500 units during this quarter. farley has a perpetual inventory system and uses the fifo inventory costing method. what is the cost of goods sold for the quarter?

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farley has a perpetual inventory system and uses the FIFO inventory costing method and the cost of goods sold for the quarter is: $8,812.50.

To calculate the cost of goods sold for the quarter, we need to follow the FIFO inventory costing method. FIFO means first-in, first-out. That means the first unit received by the company will be sold first. The details of the inventory for the quarter are given below:

Beginning Inventory: 3,000 units at $5 = $15,000

Purchases in February: 5,000 units at $4 = $20,000

Purchases in March: 2,000 units at $6 = $12,000

Total Cost of goods available for sale = $47,000

Units sold: 1,500 units

The calculation of the cost of goods sold for the quarter is as follows:

First, we need to use the units in the beginning inventory and February's purchase to calculate the unit cost. We can calculate the unit cost as follows:

Unit Cost = Cost of Goods available for sale / Units available for sale

Unit Cost = $47,000 / 8,000 = $5.875

Now, we can use this unit cost to calculate the cost of goods sold for the quarter.

Cost of goods sold = 1,500 units * $5.875 = $8,812.5

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ctivity 3 $ 113,000 setups 3,500 6,250 annual production and sales level of product a is 35,300 units, and the annual production and sales level of product b is 70,550 units. what is the approximate overhead cost per unit of product a under activity-based costing?

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According to activity-based costing, the average overhead cost per unit of product A is $6.37. Depending on the activities that create the cost, activity-based costing divides the entire overhead cost into a number of cost pools.

The overall overhead cost is separated into several cost pools using activity-based costing, depending on the activities that generate the cost. Using activity-based costing, the average overhead cost for Product A is $6.37 per unit. The activity cost pools' respective allocation rates are used to divide the $113,000 in total overhead costs among them. By dividing the activity allocation rates by the activity use for product A, $56,750 is the overhead cost attributed to that product. A total of 35,300 units were produced and sold, hence the overhead cost per unit for product A is around $6.37 ($56,750/35,300).

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When did ECB start raising rates?

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The European Central Bank (ECB) began raising rates in December 2005, when it increased its benchmark interest rate from 2.0% to 2.25%.

This was the first rate increase in five years and signaled a shift towards tighter monetary policy as the Eurozone economy was growing steadily and inflation was starting to pick up. Over the next three years, the ECB continued to raise rates in small increments, reaching a peak of 4.25% in July 2008, just before the global financial crisis hit. The ECB then embarked on a series of rate cuts to support the struggling Eurozone economy.

However, the global financial crisis hit soon after, prompting the ECB to embark on a series of rate cuts to support the struggling Eurozone economy. The ECB kept rates at historic lows for several years after the crisis, but began to gradually raise them again in 2019, with the most recent increase occurring in December 2021, bringing the benchmark interest rate to -0.25%.

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an organization is moving to goal question metric (gqm). what primary benefit should they expect from this move?

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Consistently agile metric application is a primary benefit should they expect from this move.

A tried-and-true technique for implementing goal-oriented measures across an entire software organization is the "Goal-Question-Metric" (GQM) approach. With GQM, we first define the objectives we hope to accomplish before outlining the queries we hope to address with the information we gather.

In the delivery of all software, whether mission-critical or not, the GQM method is very helpful. It is a tried-and-true method for getting rid of errors, enhancing overall project planning, and cutting costs.

GQM is simple to integrate into the organizational environment and can be used as the foundation for additional measurement initiatives. It enables obtaining real, trustworthy information about the organization's software practices, which supports systematic process for improvement.

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the u.s. securities and exchange commission periodically charges individuals with insider trading and claims those individuals have made unfair profits. based on this fact, you would tend to argue that the financial markets are at best form efficient. group of answer choices weak strong semiweak semistrong perfect

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The idea that the financial markets are not entirely efficient is supported by the fact that the U.S. Securities and Exchange Commission periodically accuses people of insider trading and asserts that they have gained unjust profits.

In the United States, the Securities and Exchange Commission (SEC) is a federal organisation in charge of upholding federal securities laws, overseeing the securities industry, and safeguarding investors. The main responsibility of the SEC is to guarantee the integrity, fairness, and openness of the financial markets. The SEC regulates a number of organisations involved in the securities sector in order to accomplish this goal, including publicly traded businesses, securities brokers and dealers, investment advisors, and mutual funds. The SEC also has the authority to take enforcement proceedings against people and businesses who break securities laws, and it can impose whatever penalties and punishments are required to discourage similar offences in the future. In general, the SEC is essential to preserving the credibility of the American financial markets and defending the interests of investors.

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cathy puts 10% of her pay in a roth 401(k) plan administered by her employer. her employer matches 100% of the first 5% of her contribution. she earns $120,000 per year and her average tax rate is 17% and her marginal tax rate is 24%. what tax savings does she get from her contribution? a. $2,880 b. $4,320 c. $2,040 d. $3,060 e. $0

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c. $2,040 .Cathy makes $120,000 per year and contributes 10% of her earnings, or $12,000, to her employer's Roth 401(k) plan. Her company will match 100% of the first 5% of her contribution, up to a total of $6,000.

Cathy reduces her taxable income by $12,000 by contributing to the Roth 401(k) plan, lowering her tax burden. Her typical tax rate is 17%, which results in a tax savings of $2,040 ($12,000 x 17%). But, because Cathy's marginal tax rate is 24%, her tax savings might be much greater if her contribution lowers her income sufficiently to put her in a lower tax band. Cathy reduces her taxable income by $12,000 by contributing to the Roth 401(k) plan,Cathy would need to compute the difference in taxes between her existing marginal tax rate and the new marginal tax rate to get the actual tax savings.

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the gross domestic product (gdp) of malta was approximately 250.72 million us dollars in 1970. from 1970 to 1980, a model indicates the gdp increased by 15% per year compared to the previous year's gdp. which function represents this model, where f(t) is the estimated gdp, in millions of us dollars, and t is the number of years after 1970?

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Between 1970 and 2021, Malta's GDP averaged 5.24 billion US dollars, with a new high of 17.36 billion in 2021 and a record low of 0.25 billion in 1970. Gross domestic product is calculated as follows: consumption + investment + government expenditure + (exports - imports).

Data on spending by households, businesses, and governments will be required to determine the four components of GDP. Additionally, data on imports and exports will be required. Prior to the coronavirus (COVID-19) epidemic, travel and tourism in Malta contributed more than two billion euros to the country's GDP, or an astounding 15% of Malta's GDP. However, by 2021, that amount had decreased to roughly 980 million euros.

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Answer:

f(t) = 250.72(1.15)^t

Explanation:

which program has replaced the physicians quality report system? a. integrated enterprise system b. klas c. himss analytics d. merit-based incentive payment system

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d. merit-based incentive payment system The Centers for Medicare and Medicaid Services (CMS) created the Physician Quality Reporting System (PQRS) to encourage eligible healthcare practitioners .

Nevertheless, as part of the CMS Quality Payment Program, PQRS has been replaced with the Merit-based Incentive Payment System (MIPS) (QPP). MIPS is a payment system based on performance that intends to incentivise qualified professionals to offer high-quality, cost-effective treatment to their patients. MIPS evaluates qualifying doctors on four performance categories: quality, encouraging interoperability, improvement initiatives, and cost. In addition, the program offers cash incentives to physicians who reach or surpass specified performance standards. Other healthcare technology businesses, such as KLAS and HIMSS Analytics, provide performance measuring and benchmarking tools, but it is the MIPS that is unique.

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whistle-blowers question 1 options: typically get promoted to management. usually gain the respect and admiration of their colleagues. are usually financially rewarded by their organizations for their integrity. make an unauthorized discloser about a harmful situation or fraud. all of the above

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Whistle-blowers typically make an unauthorized discloser about a harmful situation or fraud. Option D is the correct answer.

Who are Whistle-blowers?

The individuals who make an unauthorized disclosure about a harmful situation or fraud are known as whistle-blowers. They make disclosures about the activities or acts of their company, government, or organization.

To put it another way, a legal whistleblower is someone who gives information to a designated receiver that they properly believe shows misconduct.

They blow the whistle on illegal activities, waste, or fraud within their workplace, institution, or government, risking their jobs and sometimes even their lives to do so. So, the correct answer is option D, which states that whistle-blowers make an unauthorized discloser about a harmful situation or fraud.

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Transit promotion is considered all of the following EXCEPT for:


Question 13 options:


a radio advertisement playing in your car




An advertisement at a train station




A billboard on I-85




A sign on top of a taxi cab

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The correct answer is option a) Transit promotion is considered all of the following except for: Radio advertisement playing in your car.

Promoting the use of public transportation and other environmentally friendly modes of transportation is known as transit promotion.

This could involve a range of initiatives, like posting adverts, offering discounts on transit tickets, or starting campaigns to inform people about the advantages of using public transportation.

Therefore, a radio commercial playing in your automobile would not qualify as transit advertising. Instead of promoting a specific means of transportation, radio advertisements typically offer items and services.

The fundamental objective of transit promotion is to increase the number of people who use public transportation, so this sort of advertisement would not be successful in attaining this objective.

In addition, it would be challenging to target a specific population using radio advertisements.

Complete Question:

Transit promotion is considered all of the following EXCEPT for:

a) Radio advertisement playing in your car

b) Advertisement at a train station

c) Billboard on I-85

d) Sign on top of a taxi cab

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zoe is a digital marketer at a graphic design agency, and she's been tasked this quarter with improving the firm's seo. however, the only guidance she has received from her boss is to get the site to rank higher on . in order for zoe to create a successful seo strategy for the business, what should her first step be?

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Zoe's first step should be to conduct a comprehensive SEO audit of the agency's website to identify its strengths, weaknesses, and areas for improvement.

The audit should cover the site's technical SEO, on-page optimization, content quality, and backlink profile. This will provide a baseline for the agency's current SEO status and help identify areas where Zoe can focus her efforts to improve the site's ranking. After the audit, Zoe can develop a customized SEO strategy based on the findings and her knowledge of the industry. The strategy should include a list of action items with timelines, benchmarks, and performance metrics to measure the success of the plan. Zoe should also ensure that the SEO strategy is aligned with the agency's overall marketing goals and budget. Some specific areas that Zoe could focus on to improve the site's ranking include optimizing the site's structure and metadata, conducting keyword research and incorporating relevant keywords into the site's content, improving the site's load speed, creating high-quality content that attracts backlinks, and optimizing the site for local search.

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the planning process group is progressing. the team has involved a number of expert opinions in trying to approximate the costs needed to complete project activities. this process is known as?

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The process of approximating the costs needed to complete project activities with the involvement of expert opinions is known as the Cost Estimating process.

During the planning process group, the team works on identifying, documenting, and refining the requirements and objectives of the project. A large part of this planning process is figuring out how much the project will cost and how long it will take to complete it.

This process of approximating the costs needed to complete project activities with the involvement of expert opinions is known as the Cost Estimating process. However, the accuracy of the cost estimate and time needed to complete the project is highly dependent on the availability and reliability of the data used to create the estimate.

The Cost Estimating process is followed by the Cost Budgeting process, which is used to allocate the overall cost estimate to individual work items over the period of the project. The result of the Cost Budgeting process is a cost baseline that is used to measure and monitor cost performance throughout the project execution.

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how is the distribution of goods and services determined in a socialist system?

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In a socialist system, the distribution of goods and services is typically determined by the government or a centralized planning authority, rather than by the market forces of supply and demand.

In a socialist system, the government or planning authority typically owns and controls the means of production, such as factories, land, and other resources. The government or planning authority then plans and allocates resources to produce goods and services based on the needs of society, rather than on the profit motive of individual producers.

The government or planning authority may use a variety of mechanisms to determine the distribution of goods and services in a socialist system. These may include:

Centralized planning: The government or planning authority may develop a comprehensive plan for the economy, which includes specific goals for the production and distribution of goods and services.Resource allocation: The government or planning authority may allocate resources to different industries or sectors based on their perceived importance to society.Price controls: The government or planning authority may set prices for goods and services to ensure that they are affordable for all members of society.Rationing: The government or planning authority may limit the amount of certain goods and services that individuals can consume to ensure equitable distribution.

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we tend to accept at face value information that confirms our preconceived views, while we are critical and skeptical of information that challenges these views. group of answer choices true false

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The propensity to seek for, understand, favor, and remember information that supports or confirms one's preexisting opinions or values is known as confirmation bias. true.

What kind of propensity does confirmation bias refer to?

The tendency to seek out and give information that supports a desired conclusion undue credibility is known as confirmation bias. A party may wrongly believe contradictory evidence to support a minority position or unjustifiably discount it due to confirmation bias in order to reach the desired result.

What causes confirmation bias?

The psychology term "confirmation bias" describes the propensity of people to exclusively look for evidence that validates their own beliefs. As a result, you become biased in favor of your original viewpoint if you only look for data that confirms it.

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which tips should you follow when posting a complaint or review online? check all that apply. focus on facts. avoid transparency by posting anonymously. suggest improvements, even in positive reviews. respond to the business if it offers to address your concern. know that you can remove your post from the web whenever you wish.

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The following tips should be followed when posting a complaint or review online are focused on facts, suggest improvements, even positive reviews, respond to the business if it offers to address your concern, and know that you can remove your post from the web whenever you wish.

A complaint or review online should be based on facts, not assumptions or emotions. Avoid using language that is overly emotional, vague, or accusatory. Make sure to provide specific details that support your complaint or review online. Suggest improvements, even in positive reviews. Even if you're writing a positive review, it's essential to identify areas where the business can improve. This feedback can help the company to enhance its products, services, or customer experience. Respond to the business if it offers to address your concern. If a business reaches out to you after you post a complaint or review online, it's best to respond to them. This conversation can help you to resolve your concerns, and it shows other customers that the company cares about customer satisfaction.

Know that you can remove your post from the web whenever you wish. You can delete your post whenever you want. However, it's essential to recognize that once you post something online, it can be challenging to control how others share or use it. Avoid transparency by posting anonymously. If you're posting anonymously, it may be more challenging for the business to address your concerns. Additionally, it's best to be transparent about your identity so that the business can verify your experience and take appropriate steps to address your concerns.

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a tax on sellers would not cause a decrease in quantity sold if: group of answer choices supply is inelastic. there are few competing products. demand is perfectly inelastic. demand is perfectly elastic.

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A tax on sellers would not cause a decrease in quantity sold if the demand is perfectly inelastic. Let's see why this is true.

A tax on sellers is a type of tax that is paid by producers or sellers of goods or services. This tax can either be a fixed amount or a percentage of the total revenue earned by the seller.

A tax on sellers is usually imposed by the government in order to raise revenue. This tax is usually passed on to consumers in the form of higher prices. As a result, it is expected that the quantity of goods or services sold will decrease.

However, this is not always the case. If the demand for a particular product is perfectly inelastic, then the quantity of goods or services sold will not change regardless of the price or taxes imposed by the seller. In other words, even if the seller raises the price of a good or service or imposes a tax on it, consumers will still buy the same amount of it.

In summary, a tax on sellers would not cause a decrease in quantity sold if the demand for the product is perfectly inelastic.

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which of the following statements related to market efficiency tend to be supported by current evidence? i. markets tend to respond quickly to new information. ii. it is difficult for the typical investor to earn above-average returns without taking above-average risks. iii. short-run prices are difficult to predict accurately based on public information. iv. markets are most likely strong-form efficient.

Answers

The following claims about market efficiency are generally supported by the available data: Markets frequently react to new information fast.

Briefing:-

The typical investor finds it challenging to get above-average profits without assuming above-average risks.

Accurately predicting short-term prices based on available information is challenging.

Which of the following claims on effective markets is accurate?

All information is reflected in the prices of securities. According to the efficient market theory, stock prices accurately reflect all available information.

What supporting data exist for market efficiency?

The effectiveness of technical analysis, the performance of investment analysts and mutual funds, the question of whether stock prices accurately reflect the information that is publicly available, and the random-walk behavior of stock prices have all been used as evidence in favor of market efficiency.

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g given the facts in the case and your independent research, if you were part of the management team at eli lilly in 1993, which facility design option would you have chosen? is there a third option to consider? defend your position.

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If I was part of the management team at Eli Lilly in 1993, the facility design option I would have chosen is the option that maintains the quality of the production process while ensuring the safety of the employees.

The facility design option that I would choose would be to move the production of the cancer drugs to an independent facility. This is because the cancer drugs were developed in a sterile environment, and the changes that were made to the production process would have compromised the quality of the drug.

Also, moving the production process to an independent facility would ensure the safety of the employees, which is a top priority of Eli Lilly. The company cannot afford to put the health and lives of its employees at risk. Another option to consider is to modify the existing production facility to ensure that the employees' safety and the quality of the drug are maintained.

However, this option would require a considerable amount of time and resources, and it would have to be done very carefully to avoid compromising the quality of the drug. Also, it is important to note that modifying the existing facility would not guarantee the safety of the employees.

Eli Lilly should choose the option that ensures the safety of the employees and the quality of the production process. It is important to prioritize the health and well-being of the employees and the quality of the drug. Moving the production of the cancer drugs to an independent facility is the best option to achieve this goal.

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which of the following types of interest expense is not deductible as an itemized deduction? multiple choice question. interest on a home-equity loan to remodel the kitchen interest on a loan used to purchase taxable securities to generate interest income interest on credit cards used to purchase furnishing for a personal residence interest on acquisition debt secured by a personal residence

Answers

Interest on credit cards used to purchase furnishing for a personal residence is not deductible as an itemized deduction. Therefore the third option would be the correct answer.

An expense that can be deducted from your adjusted gross income (AGI) lowers your taxable income, which in turn lowers your tax liability. Taxpayers have the option of taking the standard deduction, a set dollar amount that varies depending on filing status, or itemising deductions like mortgage interest, charitable donations, and unreimbursed medical expenses.

Your savings from itemised deductions will vary depending on your tax bracket. A single filer who is not married and has a gross income of $80,000 is permitted to deduct $15,000 in itemised deductions. A taxable income of $65,000 is produced by deducting those expenses from gross income, placing you in the 22% marginal tax bracket for 2022 and 2023.

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five percent of the customers who visit a website complete a product purchase. if one considers just the set of customers who completed the project purchase at the website, 80% read at least some of the user reviews about the product on the site. when considering those customers who did not purchase of the product at the website, only 20% of these potential customers read the user reviews about the product on the site. the website managers are interested in how customer review-reading behavior affects the likelihood of purchase. the two distinct events that are relevant for the managers in this example are: group of answer choices the customer's behavior with respect to visiting or not visiting the site the customer's product purchase or not to purchase decision the customer's purchase and review reading choices. all answers are correct. the customers behavior with respect to reading or not reading the reviews

Answers

The two distinct events that are relevant for the managers in this example are "The customers behavior with respect to reading or not reading the reviews".

About customer behavior

The customers behavior with respect to reading or not reading the reviews is the relevant event for website managers to understand how customer review-reading behavior affects the likelihood of purchase.

The relevant events that are crucial for website managers in this example are:

the customers behavior with respect to reading or not reading the reviews (for website managers to understand how customer review-reading behavior affects the likelihood of purchase)

the customer's product purchase or not to purchase decision (for website managers to understand the likelihood of purchase or non-purchase decisions)

Therefore, the correct option is: The customers behavior with respect to reading or not reading the reviews.

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fathom company acquired a $50,000 machine on january 1, 2022. the machine is estimated to have a useful life of 5 years, and a residual value of $5,000. for units-of-production depreciation purposes, the machine is expected to produce 500,000 units. if fathom company uses double-declining-balance depreciation, what is the depreciation expense in 2023?

Answers

If fathom company uses double-declining-balance depreciation, then the depreciation expense in 2023 is  $20,000.

To calculate the depreciation expense in 2023 for the $50,000 machine acquired by Fathom Company on January 1, 2022, using double-declining-balance depreciation, we can use the following formula:

Depreciation Expense = (Book Value - Residual Value) * (Depreciation Rate)

Book Value = $50,000
Residual Value = $5,000
Depreciation Rate = (2/Useful Life)

                               = (2/5)

                              = 0.4

Therefore, the depreciation expense in 2023 is:

Depreciation Expense = ($50,000 - $5,000) * 0.4

                                     = $20,000

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a complex multitude of international agreements and international trade laws which complement domestic laws is a form of trade law called

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A complex multitude of international agreements and international trade laws which complement domestic laws is a form of trade law called International Trade Law.

International trade law governs the trade of goods and services between nations. It's a branch of public international law that deals with trade between nations. International trade law is also known as the law of international trade or trade law. It's a combination of domestic law and international trade regulations. International trade law is essential for global economic development because it creates a framework for global trade rules and standards that all nations must adhere to. The law serves to regulate trade between countries, ensuring that businesses are protected from unfair competition and that consumers have access to safe and high-quality products. It also facilitates dispute resolution between trading partners by providing a forum for resolving disagreements and disputes that arise from international trade. International trade agreements are formal agreements between countries that regulate and facilitate trade between them. These agreements reduce barriers to trade, making it easier for goods and services to cross borders. The General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO) are examples of international trade agreements. Regional trade agreements (RTAs) are also becoming more common, with many countries forming economic alliances to reduce trade barriers and increase trade volumes.

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True/False? an error is considered material if it would trigger an irs audit.

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False.

The materiality of an error is not determined solely by whether it would trigger an IRS audit. Materiality is a concept used in accounting and auditing to evaluate the significance of an error or omission in financial statements, and it is determined by the impact that the error could have on the decisions of users of the financial information.

While the risk of an IRS audit may be one factor considered in evaluating materiality, it is not the sole determinant. Other factors may include the dollar amount of the error, the nature of the error, and the context in which the financial statements are being used.
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