Answer:
b
Explanation:
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Effects of a binding price ceiling
1. It leads to shortages
2. it leads to the development of black markets
3. it prevents producers from raising price beyond a certain price
4. It lowers the price consumers pay for a product.
The dead weight loss is the reduction in total surplus as a result of price setting. When price is set below equilibrium price, less goods are produced and consumed. This leads to a reduction in consumer and producer surplus
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
72. Sociology is a. the systematic study of group and team processes. b. the systematic study of the production, distribution and consumption of goods and services. c. the systematic study of the processes by which groups of people make decisions. d. the systematic study of the processes in the organization and workplace that improve the performance and well being of people.
Answer:
a. the systematic study of group and team processes.
Explanation:
Sociology is "the systematic study of group and team processes."
This is based on the idea that sociology is a systematic discipline or study of society and how it relates within itself.
Society is a combination of groups of people within a given geographical, or professional area, all of which functioning at various levels to make better living conditions or outcomes.
Hence, it is the study that involves a group and how they co-exist.
During March, the production department of a process operations system completed and transferred to finished goods 19,000 units that were in process at the beginning of March and 110,000 units that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 55% complete with respect to conversion. At the end of March, 30,000 additional units were in process in the production department and were 100% complete with respect to materials and 28% complete with respect to conversion. Compute the number of equivalent units with respect to both materials and conversion respectively for March using the weighted-average method.
Answer:
Production Department
Materials Conversion
Equivalent units of production 140,000 118,400
Explanation:
a) Data and Calculations:
Units Materials Conversion
Beginning work in process 19,000 100% 55%
Started and completed 110,000 100% 100%
Ending work in process 30,000 100% 28%
Equivalent units of production:
Started and completed 110,000 110,000 (100%) 110,000 (100%)
Ending work in process 30,000 30,000 (100%) 8,400 (28%)
Equivalent units of production 140,000 118,400
On average, a person with a bachelor's degree earns
than a person
with an associate degree and
than a person with a master's
degree.
Answer:
More than a person with an associate degree and less than a person with a masters degree.
Explanation:
Do you think that interest and capacity play a great role to get success in a profession?Give your opinion.
Answer:
For many people, interest is a driving factor for motivation and happiness in their life. Interest is one of the important parts while choosing a career. When we love what we are doing, we will always put our best performance forward and strive to learn more. Consequently, that will enhance our self-confidence as well.
Explanation:
It is important to know yourself and your capacities. Your strengths are things you can leverage on, things you can use to push yourself further. On the other hand, your weaknesses are not your downfall. So,interest and capacity is important in our career.
Yes, I think interest and capacity play a great role to get success in a profession.
What is interest?An interest is a desire or want to do/hear something or someone. interest can be stated as an emotion that a person possess regarding something. a person is said to be interested if that particular thing excites or gives a joyful feeling to person while doing that particular act. interest is very essential in a profession to be successful because if a person is not interested in particular subject and profession how can that person provide best services out of that profession.
What is capacity?Capacity is an ability of a person to perform a particular job or to do a particular task. capacity here refers to the thinking capacity or mental capability that is required in a profession. this is another ingredient that is very important to be successful in any profession.
for example you cannot ask a 5 year old to be judge in a court because that person doesn't possess such professional skill along with it he is not capable to think and provide service for same profession.
What is profession?A profession is a field of work that requires special knowledge and training over a period of time. a person doing profession is known as professionals. the profession is basically a way of knowing and learning skills and education for a particular subjects such as law, medical. the practitioners of professions are said to be expert of such profession.
Hence, to get successful in a profession, interest and capacity is very important and essential as interest creates curiosity and eagerness to learn that particular profession in every manner and explore every aspect of that profession to provide best service out of it along with it the capacity to grasp and learn such skills to be expert in such profession is also required.
Therefore, a successful professional is one that have interest in that particular field and also capable to learn and evolve in that particular profession according to need and requirement.
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The answer to this question
CPI in 1960 = 29.6
CPI in 1970 = 38.8
Dozen Tangerines in 1960 = 0.31
Dozen tangerines in 1970 = 0.39
Option B
Answered by Gauthmath must click thanks and mark brainliest
Drawbacks of using variable or full costing to set transfer prices include ______. Multiple select question. suboptimization that may occur as fixed costs per unit may push the transfer price above market price a lack of incentive to control costs because they are simply passed to another department a lack of cooperation between managers who are being pitted against each other a lack of departmental profit for the supplying department
Answer:
a lack of incentive to control costs because they are simply passed to another department
a lack of departmental profit for the supplying department
suboptimization that may occur as fixed costs per unit may push the transfer price above market price
Explanation:
The limitation that could come after using the variable or full costing in order to set the transfer price involved the lack of the incentive for controlling cost, lack of departmental profit and the supoptimization that could be arise when the fixed cost per unit force the transfer price i.e. over and above to the market price
Therefore the above statements should be considered
Explain the different management tasks.
Answer:
planing
organizin
controlling
leading
The WBS is best suited for design and construction projects that have tangible outcomes. When the final outcome of the project is less tangible or it is the result of a series of steps or phases, some project managers choose to utilize a(n) ___________. Multiple Choice Responsibility Matrix (RM) Organization Breakdown Structure (OBS) Work Breakdown Structure (WBS) Modified Process Breakdown Structure (PBS) Project Priority Matrix (PPM)
Answer:
Process Breakdown Structure (PBS)
Explanation:
Since in the question it is mentioned that WBS should be best suited for design & construction projects so there is tangible results
now if the final result should be lower tangible so here the project manager should select the project breakdown structure as the process of the project should be driven via requirement of the performance but not with the plans or the blueprints
The consumer price index is used toGroup of answer choicesturn dollar figures into meaningful measures of purchasing power.characterize the types of goods and services that consumers purchase.measure the quantity of goods and services that the economy produces.differentiate gross national product from net national product.
Your network contains certain servers that typically fail once every five years. The total cost of one of these servers is $1000. Server technicians are paid $40 per hour, and a typical replacement requires two hours. Ten employees, earning an average of $20 per hour, rely on these servers, and even one of them going down puts the whole group in a wait state until it’s brought back up. Which of the following represents the ARO for a server?
A. $296
B. $1480
C. $1000
D. 0.20
Answer: D. 0.20
Explanation:
The Annualized Rate of Occurrence (ARO) shows the chances that an event would occur in a year.
Formula:
= Number of times event occurs / Number of years it occurs in
= Number of times server fails / Number of years
= 1 / 5
= 0.20
For managers, the importance of Maslow's contribution is that he showed that workers Group of answer choices are interested only in compensation that helps them fulfill physiological needs. have needs beyond that of just earning a paycheck. are as complex as their organization. expect an employer to fulfill every level in their hierarchy of needs. have needs that cannot be understood by their employer.
Answer:
have needs beyond that of just earning a paycheck.
10. Publishing representatives who call on college professors to inform them of their company's new publications have a great deal of freedom in their jobs. They have only a general sales pitch, which they tailor as needed. Based on this information, we can say that the job of these publishing representatives ________.
Answer:
Scores low on degree of formalization
Explanation:
Degree of formalization of a process is the level to which the process is free of the personal input of the individual executing the process.
It implies that in high degree of formalization process execution is set and the same steps are followed by all participants.
In the given instance Publishing representatives have a great deal of freedom in their jobs.
They tailor their sales pitch as they see fit.
This shows a low degree of formalization in the sales process
Social commerce is ______. Multiple choice question. browsing for or trying a product in a physical store but buying it online advertising within social networks to promote goods and services recommending a product to a personal connection in exchange for a discount the use of social networks for browsing and buying products
Answer:
D. the use of social networks for browsing and buying products
Explanation:
A. browsing for or trying a product in a physical store but buying it online
B. advertising within social networks to promote goods and services
C. recommending a product to a personal connection in exchange for a discount
D. the use of social networks for browsing and buying products
Social commerce is the use of social networks for browsing and buying products
Commerce means means the exchange of goods and services between the seller and the buyer.
Social means the gathering where people of different ages, cultures gets to meet each other. There different social networks where people meets on the internet.
Therefore, social commerce is the use of social network for buying and selling of products. The buyer gets to browse different products and order from the seller. The delivery of ordered products could be door step delivery or the buyer picks the product up at a pick up station.
can someone recommend me some research topics for economics.would really appreciate if it is in a list
Explanation:
here are some research topics for economics::
1. The effect of income changes on consumer choices
2. The effect of labor force participation on the economy and budget – A comparison
3. The impact of marital status on the labor force composition: A case of [your country] economy
4. The difference in the consumption attitude in [your country] over the last decade – Critical analysis of consumer behavior trends
5. The relationship between salary levels and ‘economic convergence’ in [your country]?
6. Analyzing salary inequalities in [your country] and the forces behind such inequalities.
7. The evolution of consumption in [your country] over the last 10 years: Trends and consumer behavior.
8. Dynamics of the Gini index as a reflection of the problem of inequality in income
9. Cashless economy: The impact of demonetization on small and medium businesses
10 Privatization of Public Enterprises and its implications on economic policy and development
What return do you expect earn if you buy the 3 years ,10% coupon bond today and sell it in exactly 1 year( if current price is 1051.45 rupees)
Answer:
8.02%
Explanation:
Since corporate bonds pay coupons semiannually, it would be important to first all determine the semiannual yield to maturity of this bond using a financial calculator as shown below:
We need to set the calculator to its end mode before making the following inputs:
N=6(number of semiannual coupons in 3 years=3*2=6)
PMT=50(semiannual coupon=face value*coupon rate/2=1000*10%/2=50)
PV=-1051.45 (current price)
FV=1000(bond's face value)
CPT
I/Y=4.02%
After one year, there would 4 semiannual coupons left, we can compute the bond price as shown thus:
N=4
PMT=50
I/Y=4.02(without % sign)
FV=1000
CPT
PV=1,035.56
The expected rate of return over one year is computed thus:
N=2(number of semiannual coupons in 1 year holding period)
PMT=50(the amount of each semiannual coupon)
PV= -1051.45
FV=1,035.56(selling price after one year)
CPT=4.01%(on a semiannual basis)
annual rate of return=4.01%*2=8.02%
how entrepreneurs that operate in the sharing economy use creative thinking to develop and improve businesses?
Answer:
To find out future needs and trends.
Explanation:
Entrepreneurs use creative thinking to develop and improve businesses by analyzing the future needs and trends that will follow by the people so by knowing future needs and trends, the entrepreneurs started to invest in those needs and products which give him a good profit in the future and in this way the creative mind of Entrepreneurs helps in the generating of employment as well as boosting the economy of the country.
Suppose a project with a negative net present value would provide intangible benefits. To estimate the annual value of intangible benefits needed to accept the project, ______ the negative net present value excluding intangible benefits by the ______.
The fill-in-the banks could be filled with the divide , and the present value factor for an annuity.
The information related to the net present value is as follows:
The net present value is the difference between the present value of the cash flows and the initial investment. If the net present value comes in positive that means the project should be accepted and if it is in negative so it should be rejected.Now in order to measure the annual value of an intangible benefit for accepting the project:
We have to divide the net present value that comes in positive that does not include the intangible benefits from the present value factor for an annuity.Therefore we can conclude that The fill-in-the banks could be filled with the divide , and the present value factor for an annuity.
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Wolfe Company purchased a truck for $62,000, with an estimated useful life of 8 years and a salvage value of $10,000. The company uses the double-declining-balance method of depreciation; however, after year 3 they switch to the straight-line method. There is no change to the estimated useful life or salvage value. What is the accumulated depreciation balance at the end of year 5 (round to the nearest dollar)
Answer:
$42306
Explanation:
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life) = 2/8
Depreciation expense in year 1 = 2/8 x 62,000 = 15500
Book value at the beginning of year 2 = 62,000 - 15500 = 46500
Depreciation expense in year 3 = 2/8 x 46500 = 11625
Book value at the beginning of year 3 =46500 - 11625 = 34,875
Depreciation expense in year 3 =34,875 x 2/8 = 8718.75
Book value at the beginning of year 4 = 34,875 - 8718.75 = 26156.25
Straight line depreciation expense = (book value of asset - Salvage value) / useful life
26156.25 - 10,000 / 5 = 16156.25 / 5 = 3231.25
Depreciation expense for the remaining 2 years = 3231.25 x 2 = 6462,50
total depreciation = sum of year 1 to 5 depreciation = 6462,50 + 15500 + 11625 + 8718.75 = $42306
What people used before paper money was created
Answer:
Before money was invented, goods and services were exchanged through bartering or using commodities like salt, cattle, or grains.
Explanation:
People used metal objects as money to exchange goods and services as early as 5000 B.C. Paper money in the United States dates back to 1690 and represented bills of credit or IOUs.
A manufacturer of yogurt found that its product was responsible for a breakout of E. coli. In response, the company issued refunds to consumers who bought its product, and immediately had all of its production plants cleaned and sanitized. In addition, the company donated money to help raise awareness of the disease as well as compensate those who became sick. This is an example of
Answer:
Crisis management
Explanation:
There are times in a business where it is clear and important that something has to be done fast in order to salvage the situation. Taking care of a crisis properly could we could reduce any damages to you or to your business.
In this question we can see that the yoghurt from this manufacturer cost this outbreak. The business had to resort to issuing refunds, donations and compensations to those affected. the reason this was done is to reduce the negativity and damages that has been caused by the consumption of the product and also to reduce negativity that has been spread to the business name.
What are the main professions in Nepal? Name them
Answer:
The main profession or occupation of Nepal are as follows ÷
1. Tourism= Tourists Guide, translator, hotel manager, waiter, waitress, porter etc
2. Agriculture = Farmers,Agriculture labour, JTA/TA
3. Education = teacher, academic administrator, instructor, librarian etc
Benefits Offered "Must-Haves":
Generally, local governments get the least amount of funding from:
A. property tax
B. income tax
C. sales tax
D. state government
Answer:
The answer is B. income tax
Answer:
income tax
Explanation: State and local governments tend to obtain the largest portion of tax revenues from property taxes and sales and gross receipts taxes. Another large source of revenue is individual income taxes
anet is the secretary to the CEO. The CEO uses the corporateanet is the secretary to the CEO. The CEO uses the corporate jet to travel to locations where he acts as a private consultant. Janet knows that he does not disclose his consulting activities or the use of the corporate jet for personal gain, and she decides to make the CEO's activities public by alerting the board of directors. Janet is a(n) jet to travel to locations where he acts as a private consultant. Janet knows that he does not disclose his consulting activities or the use of the corporate jet for personal gain, and she decides to make the CEO's activities public by alerting the board of directors. Janet is a(n)
Answer:
whistleblower
Explanation:
whistleblower can be regarded as person, employee , workers in any company as well as government agency, that is responsible forget disclosure of information to higher authority , or disclosure to the public about a particular wrongdoing that is going on. This wrong doing could be fraud or corruption. whistleblowers can be from internal or external environment.
ECO Jeans, Inc. had a mission to become the leading producer of environmentally friendly blue jeans, an emerging and in-demand category in the apparel industry. Its strategy involved leveraging a network of organic cotton farmers and suppliers of environmentally responsible synthetic materials to create a product that is durable, attractive, affordable, and 100% recyclable. However, because it did not upgrade its outdated production facilities, ECO Jeans could not assemble its products at a low-enough cost to offer the jeans at a price that was attractive to customers. ECO Jeans’ strategy failed because
Answer: it was not backed up with strategic commitments.
Explanation:
The reason why ECO Jeans’ strategy failed is because the strategy was not backed up with strategic commitments.
Strategic commitments refers to the decisions that are taken by a company which have a long-term impact on the company.
Since ECO jeans could not upgrade its outdated production facilities, the company could not assemble its products at a low-enough cost to offer the jeans at a price that was attractive to customers. This could have had a positive impact on the company for a long term.
After operating for years as a privately held corporation, MidAtlantic Ironworks plans to publicly trade its stock. As a midsized firm, MidAtlantic wants to avoid excessive paperwork, and the fear of being delisted in the future. The ________ provides the best fit for MidAtlantic's plans.
Answer:
I think the answer is"manager".
As a midsized firm, MidAtlantic wants to avoid excessive paperwork, and the fear of being delisted in the future. The over-the-counter market provides the best fit for MidAtlantic's plans.
What is over-the-counter market?Without the use of a central exchange or broker, market participants can trade stocks, commodities, currencies, or other financial instruments directly between two parties in a decentralized market known as an over-the-counter (OTC) market.
Since there are no physical sites for over-the-counter markets, trading is done online. Comparing this to an auction market structure is completely different. OTC marketplaces often have less transparency and are subject to fewer restrictions than exchanges.
By quoting prices at which they will purchase and sell a security, currency, or other financial instruments, dealers serve as market makers in an OTC market. In an OTC market, a trade can be made between two parties without the other parties being aware of the price at which the deal was made.
Even though OTC markets run smoothly most of the time, there remains a risk known as a counter-party risk that one of the parties to the transaction may default before the deal is finished or won't fulfill the current and future payments that are stipulated in the contract.
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Macmillan Toys Inc. is looking to expand internationally and wishes to develop a new product line that is highly localized while keeping their cost structure below that of their rivals. Macmillan Toys Inc. has been successful with implementing a blue ocean strategy in their main strategic business units and as such wishes to pursue a ________ strategy for their international operations.
Answer:
Multi domestic strategy
Explanation:
From the question we were informed that Macmillan Toys Inc. which is looking to expand internationally and wishes to develop a new product line that is highly localized while keeping their cost structure below that of their rivals. Macmillan Toys Inc. has been successful with implementing a blue ocean strategy in their main strategic business units and as such wishes to pursue a Multi domestic strategy
strategy for their international operations. Multi-domestic strategy can be regarded as strategy utilized by companies whereby a firm ensure that there is maximum local responsiveness through the customization of their product offering as well as marketing strategy so that it can along with the match different national conditions.
Toby has been working on collecting tidbits over the past year from a financial firm's trash in an effort to eventually break into their system. Even though the financial firm has strict restrictions on access to their trash, Toby has been able to bypass these restrictions. How has Toby most likely done this
Answer:
By acting or posing as a waste management collector looking to fix the dumpster or collect the debris
Explanation:
The computer as an electronic machine has served as a tool or an object of the crime, subject of the crime and an instrument of the crime
Cyber crime
This is simply known as a criminal act. It is the process by which there is the stealing or destruction of information, resources, or funds utilizing computers, computer networks and the Internet.
Computer fraud
This is simply a type of fraud committed with the use of contemporary technology and it is regarded as a law crime. It includes theft of information and corporate espionage etc.
Most cyber crimes are usually well organized. The individual committing the crime usually puts a lot of efforts in achieving their goal. Toby could only have gained access to the company dumpster if he poses as the one or company sent to collect the trash.
The practitioner completes an incision and drainage of a patient's infected right heel, which tested positive for MRSA. What statement is true regarding how the perioperative team should perform postoperative cleaning after this patient leaves the OR?
Answer:
after the patient leave
What is the answer?? I need help please
Answer:
B. The mixed economy.
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.
Basically, there are four (4) main types of economy and these are;
I. Command economy.
II. Free market economy.
III. Traditional economy.
IV. Mixed economy.
A mixed economy can be defined as a type of economy in which the government of a particular country is minimally involved in the allocation and production of goods and services while protecting the interest of the consumers and regulating the market by establishing laws.
This ultimately implies that, a mixed economy is a combination of two or more economy such as centralized economy and capitalist economy i.e the state and private sector control the economy in a country.
