Answer:
a. -1.5
Explanation:
The computation of the price elasticity of demand is shown below:
As we know that
Price elasticity of demand = E ÷ 1 + E × MC
E ÷ 1 + E × (3)
3 + 3E = E
3E - E = -3
2E = -3
E= -3/2
E = -1.5
Hence, the price elasticity of demand is -1.5
Therefore the correct option is a.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Assume you joined as a Professor to a department. The tale of Professor John Smith and his grade book filled with Fs was told by one generation of faculty to the next with a mix of envy, awe and delight. If there was one thing you could be sure of, there was no grade inflation your new department, whose culture was formed primarily by: *
Answer:
Bruh
Explanation:
Another name for population groups is _____.
Answer:
They are Called target groups
Explanation:
He has the wrong answer
What is an advantage of taking out a long-term loan instead of a short-term
loan?
A. A long-term loan usually requires a low debt-to-income ratio.
B. A long-term loan usually has a lower total cost.
C. A long-term loan usually has a lower interest rate.
D. A long-term loan usually requires no credit check.
One of the major advantages of taking a long-term loan is that a long-term loan usually has a lower interest rate. Therefore (C) is the correct option.
What is a long-term loan?A long-term loan is a financial instrument with a one-year maturity. Both private and public institutions are accepting applications for this loan. Collateral is generally needed for long-term loans.
The loan's interest rate is lower than that of a short-term loan because it must be repaid over a three-to ten-year period.
Therefore, (C) is the correct option.
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Explain the Henri Fayol's theory of management
Answer:
According to Fayol's theory, management must plan and schedule every part of industrial processes. 2. Organizing. Henri Fayol argued that in addition to planning a manufacturing process, management must also make certain all of the necessary resources (raw materials, personnel, etc.)
Answer:
Henry Fayol, also known as the ‘father of modern management theory’ gave a new perception of the concept of management. He introduced a general theory that can be applied to all levels of management and every department. The Fayol theory is practiced by the managers to organize and regulate the internal activities of an organization.
Explanation:
Issuance of common stock for cash affects which basic element of financial statements? Revenues Equity Losses Liabilities
Answer:
Equity
Explanation:
A tax may be used as a corrective device in the case of a negative externality because it will __________ marginal private costs and __________ supply.
Answer:
b. increase; increase
Explanation:
As if there is taxes so it increased the marginal private cost and reduce the supply. If the tax is imposed so it rise the production cost i.e. the raw material prices are more that ultimately increased the final cost
So here the marginal private cost would be increased
In the case when there is a rise in the cost so the producer would have lower money so that he or she is able to decreased the suppply on the other hand the demand of the consumer would be decreased due to rise in prices.
So, the supply would also be increased
Hence, the correct option is b.
In the context of choosing an appropriate advertising media, at present the brands that cater to the older generations are not so quick to adopt social practices. Which of the following is most likely to be the reason behind this trend?
Answer:
Social media is a very good way of protesting because many many people go on social media sites and they can join in and instead of being abused by other people outside you can easily make a protest on video or a website.
Answer:
The reason for this is that older generations themselves aren't always quick to take up new social practices like younger generations, so using examples of trends in society may not be relevant to them and may make the company advertising come across as immature or not targeted towards their particular age group.
Debit cards and credit cards are which type of currency?
commodity money
representative money
fiat money
fake money
Your enterprising uncle opens a sandwich shop that employs 7 people. The employees are paid $12 per hour, and a sandwich sells for $6. If your uncle is maximizing his profit, what is the value of the marginal product of the last worker he hired? What is that worker’s marginal product?
Answer:
Value of Marginal Product= 2
Worker Marginal Product = 12
Explanation:
Calculation for what is the value of the marginal product of the last worker he hired
Using this formula
Wages= MP*P
Let plug in the formula
12 = MP*6
Marginal Product = 12/6
Marginal Product= 2
Therefore the value of the marginal product of the last worker he hired will be 2
Now let calculate the worker marginal Product
Worker Marginal Product = 2*6
Worker Marginal Product = 12
Therefore the Worker Marginal Product will be 12
This service allows you to pay at a point of sale and accesses funds in the bank but usually does not charge you a fee:
A credit card
A student loan
A debit card
A car loan
Answer:
A debit card
Explanation:
A debit card allows customers to make electronic payments using the funds at their bank accounts. If the customer does not have sufficient funds in their bank accounts, the transaction won't go through.
A debit card is similar to a credit card in appearance. However, a debit card does not levy interest fees or late payment fees because it's not a credit facility.
Sam spends all of his income on textbooks and hot dogs. The price of a textbook is $40 and the price of a hot dog is $0.5. If Sam is maximizing his utility and the marginal utility he derives from the last textbook he purchases is 400, then the marginal utility he derives from his last hot dog purchased must be:___________. A) 5 B) 10 C) 20 D) 400
Answer:
A) 5
Explanation:
Calculation for the marginal utility
Based on the information given the utility that sam will have to derive when he consume two goods will be maximum when:
Marginal Utility (textbooks)/Price of textbook = Marginal Utility (hotdogs)/Price of hotdogs
Hence,
400/40=Marginal Utility (hotdogs)0.5
Therefore for:
Marginal Utility (hotdog) = 10*0.5
Marginal Utility (hotdog)= 5
Therefore the marginal utility he derives from his last hot dog purchased must be: 5
A worker wants to set aside some money for retirement, hoping to live off the interest income. If the interest rate is 10% and the worker wishes to draw interest of $50,000 per year, how much should the worker save before retirement? a) 50,000,000 b) 1,000,000 c) 10,000,000 d) 500,000
Answer:
d) 500,000
Explanation:
The amount that the worker is expected to save before retirement is the present value of the expected annual withdrawal using the interest rate of 10% as the discount rate:
savings balance at retirement=yearly cash withdrawal/interest rate
yearly cash withdrawal=$50,000
interest rate=10%
savings balance at retirement=$50,000/10%
savings balance at retirement$500,000
How does a market demand curve differ from an individual demand curve? How are they similar?
Answer:
The market demand curve shows the quantities demand by everyone who is interested in purchasing the product, while the term demand curve is used to describe the demand of an individual.
Why would an advocate of the efficient market hypothesis believe that even if many investors exhibit the behavioral biases, security prices might still be set efficiently?
Answer:
Advocates of the efficient market hypothesis believe that stocks are always priced correctly by the market and they are never overvalued or undervalued. They will argue this is true even if investors exhibit behavioral basis. Behavioral bias is basically when an investor's decision is based on some irrational thought, e.g. they have a hunch that some stock will perform better, or they like a product so much that they believe it will be a hit in the future. According to the efficient market hypothesis, this investors that act irrationally, are arbitrageurs that want to make a profit from underpriced or overpriced stocks.
Even as these arbitrageurs operate, the efficient market hypothesis will still be valid, because their actions will make the market correct itself. I.e. the irrational actions of some investors will result in the market pricing the stocks correctly.
I personally do not believe in this theory, since stock prices are not always rational. E.g. today is November 21, and Tesla's is worth more than Toyota, GM, Volkswagen and BMW together. Why? Because they build electric cars. But Toyota, GM, Volkswagen and BMW also build electric cars and they outsell Tesla by millions of cars per year. I believe that in the future, Tesla's stock price will take a deep dive because you cannot live on unfulfilled promises all your life. At some point, reality bites. But according to the efficient market hypothesis this type of situation where stocks are clearly overpriced doesn't exist.
Lollipop, Inc., is expected to grow at a constant rate of 9 percent. The company will pay a dividend of $2.75 next year and the current price of the stock is $37.35. If investors require a return of 18% on similar stocks, how much is the stock worth and is it a good buy?
a . No, it is not a good buy because the stock is worth $30.56
b. Yes, it is a good buy because the stock is worth 37.35
c. No, it is not a good buy because the stock is worth $9.50
d. None of the above
Answer:
a . No, it is not a good buy because the stock is worth $30.56
Explanation:
Calculation for how much is the stock worth and is it a good buy
Using this formula
Stock worth=D1/(Required return-Growth rate)
Let plug in the formula
Stock worth=2.75/(0.18-0.09)
Stock worth=2.75/0.09
Stock worth=$30.55
Stock worth=$30.56(Approximately)
Based on the above calculation we can see that the current price of the stock of the amount of $37.35 is higher than the current worth amount of the stock of the amount of $30.56 which indicates that " No, it is not a good buy because the stock is worth $30.56"
A bank loans money at an annual rate of 20 percent. Interest is compounded daily. What is the actual rate the bank is charging?
Answer:
22.13%
Explanation:
The effective annual rate formula below can be used to determine the actual rate charged by the bank as follows:
Effective annual rate=(1+APR/n)^n-1
APR=20%
n=number of times interest is computed yearly=365
Effective annual rate=(1+20%/365)^365-1
Effective annual rate=1.221335858 -1
Effective annual rate=22.13%
The actual rate of interest on bank loan is 22.13%
The shape of the production function reflects the law of diminishing marginal product of labor.a. Trueb. False
Answer: True
Explanation:
Looking at the Production Function you will notice that Output increases at different rates to input added. First output increases at an increasing rate then at a constant rate then at a decreasing rate.
This shows the concept of the Law of Diminishing Marginal returns because as more input(labor) was added, at some point the output started increasing at a decreasing rate till it gets to a point where marginal returns will be negative.
The reason for this is that each worker is now working with less capital than before (assuming capital doe not change) and so will only produce less.
When the air has reached 100% humidity, what will most likely follow?
Answer:
rain is most likley to follow
Explanation:
Some random questions 4 you! - Part 4!
1) If you were to have either of the animals in the picture's which would it be?
2) Would you take it outside daily?
3) Would you keep in inside a kennel/cage?
4) If not where would you keep it? If so how would you decorate it?
5) Would you play with it often?
6) Would you rather sell it to a random guy that claims he's a Zoo Keeper for 2,800$? or keep it but have to give him 100$?
Bonus!) Should I make a part 5?
Answer: QUESTION 1. 2 Question 2 no QUESTION 3 MAYABE QUESTION 4 I MAY DECRATE ASHCETIC LIKE QUESTION 5 HELL YES QUESTION 6 I WOULD KEEP IT
Explanation:
What analysis considers both the impact on the cot and availability outcomes in determining at what level each maintainenance action will be performed, contributing to a cost-effective preventative maintainence program?
Answer:
Level of repair analysis (LORA)
Explanation:
Level of repair analysis (LORA) is used by businesses to determine the optimal time for repair, replacement, or discarding of an aseet.
It takes into consideration cost of the proposed activity and operational readiness or availability outcomes of the business.
For example when a production process contains many assemblies LORA is a great way to provide prompt replacement or disposal of parts that could adversely affect performance.
Since optimal performance is being attained in production process, it will result in a cost-effective preventative maintainence program
Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units):Sales $ 80,000Variable expenses 52,000Contribution margin 28,000Fixed expenses 21,840Net operating income $6,1601. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income?2. If the variable cost per unit increases by $1, spending on advertising increases by $1,700, and unit sales increase by 240 units, what would be the net operating income?3. What is the break-even point in unit sales?4. What is the break-even point in dollar sales?5. How many units must be sold to achieve a target profit of $16,800?
Answer:
1. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income?
net operating income = $73,800 - $46,800 - $21,840 = $5,160
2. If the variable cost per unit increases by $1, spending on advertising increases by $1,700, and unit sales increase by 240 units, what would be the net operating income?
net operating income = $99,200 - $65,720 - $23,540 = $9,940
3. What is the break-even point in unit sales?
780 units
4. What is the break-even point in dollar sales?
$62,400
5. How many units must be sold to achieve a target profit of $16,800?
1,380 units
Explanation:
contribution margin per unit = $28,000 / 1,000 = $28
fixed expenses = $21,840
break even point = $21,840 / $28 = 780 units
($21,840 + $16,800) / $28 = 1,380 units
which of the following would be considered a want rather than a need for most people?
A borrower signs the note and mortgage for a re-finance on his principal residence on Thursday, Dec. 31. What is the earliest day the funds for this loan could be disbursed (assuming no bona fide financial hardship)?
Answer: The earliest the funds could be disbursed would be Wednesday the 6th.
Explanation:
Federal holidays and Sundays are not counted when considering the 3business days rescission period for loans principal residences. The borrower has the opportunity till midnight on these 3 business days after landing papers are signed, the days are Saturday, Monday and Tuesday. With this consideration's, the earliest the funds could be disbursed would be Wednesday the 6th.
A corporation in 2017 expects a gross income of 500000, total operating expences of 400000, and teh capitol investments of 20000. in addition the corporation is able to declare 60000 of depreciation charges for the year. what is the expected taxable income and total federal income taxes owed for teh year 2017?
Answer:
Taxable income = Gross income - Total operating expenses - Depreciation
= 500,000 - 400,000 - 60,000
= $40,000
Federal corporate income tax rate in 2017 was 35% so income taxes are;
= 40,000 * 35%
= $14,000
Last month Carlos Company had a $60,000 profit on sales of $300,000. Fixed costs are $120,000 a month. What sales revenue is needed for Carlos to break even? A. $420,000 B. $200,000 C. $360,000 D. $240,000
Answer:
B. $200,000
Explanation:
Contribution margin = Fixed costs + Profit
Contribution margin = $120,000 + $60,000
Contribution margin = $180,000
Contribution margin ratio = Contribution margin/Sales
Contribution margin ratio= $180,000/$300,000
Contribution margin ratio = 60%
Break-even sales revenue = Fixed costs/Contribution margin ratio
Break-even sales revenue = $120,000/60%
Break-even sales revenue = $200,000
Hence, $200,000 is the sales revenue needed for Carlos to break even
Determine the internal rate of return for a project that costs $167,000 and would yield after-tax cash flows of $22,000 per year for the first 5 years, $30,000 per year for the next 5 years, and $43,000 per year for the following 5 years. a) 14.94% b) 11.97% c) 13.38% d) 11.51% e) 14.19%
Answer:
e) 14.19%
Explanation:
Let IRR be x% . At IRR, Present value of inflows = Present value of outflows.
167,000 = 22000/1.0x + 22000/1.0x^2 + 22000/1.0x^3 + 22000/1.0x^4 + 22000/1.0x^5 + 30,000/1.0x^6 + 30,000/1.0x^7 + 30,000/1.0x^8 + 30,000/1.0x^9 + 30,000/1.0x^10 + 43000/1.0x^11 + 43000/1.0x^12 + 43000/1.0x^13 + 43000/1.0x^14 + 43000/1.0x^15
x = 0.1419
x = 14.19%
Hence, the internal rate of return for the project is 14.19%
GRITO stock is currently selling for $46.10 a share. If the company is expected to pay a dividend of $5.60 a year from now and dividends are not expected to grow thereafter, what is the market capitalization rate (or, required rate of return) for a share of GRITO stock?
a. 7.56%
b. 8.23%
c. 10.50%
d. 12.15%
Answer:
d. 12.15%
Explanation:
The computation of the market capitalization rate is shown below:
As we know that
Market capitalization rate = Expected dividend ÷ current price
= $5.60 ÷ $46.10
= 12.15%
Hence, the market capitalization rate is 12.15%
Therefore the correct option is d. 12.15%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
A fruit juice company decides to focus on its specialty of creating fruit juice and to rely on other business partners to fill in the supply chain gaps. Which strategy is this juice company creating? a. a pricing strategy b. a marketing strategy c. a channel strategy
Answer:
The correct answer is the option B: a marketing strategy.
Explanation:
To begin with, when it comes to the term of deciding whether how to operate the primary business of the company and how to explode it as much as it can be exploded then we are talking about a marketing strategy that it has to be defined by the managers of the organization and that is due to the fact that in that strategy they will see how to communicate that the product is in sale, to whom the product should be sold, which is the price at what the price should be sold and where and when the product should be sold. So basicaly the marketing campaign will focus on how the product should be taken care in order to sell more and increase the profits and by deciding that the rest of the supply chain should be taken care by other business partners then the decision will be taken from the marketing strategy.
In this scenario, the juice company is creating a channel strategy by relying on other business partners to fill in the supply chain gaps
A channel strategy means a company's plan to move its product through a distribution chain to the final consumers
Here, the fruit juice company does not want to distribute the product to the end user itself, rather, its wishes to rely on the business partners to fill in the supply chain gaps.
Therefore, the strategy been created by the fruit juice company is known as channel strategy.
In conclusion, the Option C is correct.
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Ptarmigan Company produces two products. Product A has a contribution margin of $85.80 and requires 11 machine hours. Product B has a contribution margin of $107.80 and requires 14 machine hours. Determine the most profitable product assuming the machine hours are the constraint.
Answer:
Product A $7.80
Explanation:
Calculation to Determine the most profitable product assuming the machine hours are the constraint.
PRODUCT A PRODUCT B
Contribution margin per unit $85.80 $107.80
÷Machine hours 11 14
=Contribution margin per bottle neck hour
$7.80 $7.70
Based on the above calculation Product A is the most profitable because product A profit Amount of $7.80 is higher than that of product B.
Marlow Company purchased a point of sale system on January 1 for $5,600. This system has a useful life of 4 years and a salvage value of $500. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?a. $1,275.b. $1,336.c. $2,550.d. $2,800.e. $1,400.
Answer:
Annual depreciation= $1,275
Explanation:
Giving the following information:
Purchase price= $5,600
Useful life= 4 years
Salvage value= $500
To calculate the annual depreciation, we need to use the following formula each year:
Annual depreciation= 2*[(book value)/estimated life (years)]
Year 1:
Annual depreciation= 2*[(5,600 - 500) / 4]
Annual depreciation= $2,550
Year 2:
Annual depreciation= 2*[(5,100 - 2,550) / 4]
Annual depreciation= $1,275
