Supply and Demand (Affects Pricing, Supply, and Income) - When a company provides large amounts of the product they are selling, the price tends to remain at a constant price. When a company begins to have too much of one product, they will usually lower the price to sell more of it. When a company begins to lack stocking the shelfs of their product, they will increase the prices so that they will not run out. When demand increases, prices might also increase because they are aware it is a chance to make profit. When demand decreases, the price decreases.
Scarcity - When a business faces scarcity, or the lack of stocking shelfs, the company could possibly lose income and in the future face serious economic issues. Most businesses that face scarcity, usually face bankruptcy within the next 7 years due to the slow or quick decrease in profit and supply. When businesses face scarcity, limits on the amount each household can purchase can be enforced and prices will increase dramatically. In 2021, there was a known 7% increase on prices of many food items.
Economic Measurement is explained throughout the two paragraphs.
What is the difference between a job and a profession?
O A job is the work you do and a profession includes the environment you work is
O A job is the work you do and a profession includes your career field
O A job is your career field and a profession includes your work environment
O A job is the environment you work in and a profession includes the work you do
Answer:
O A job is the work you do and a profession includes your career field
Explanation:
HELP LOTS OF POINTS!!
Which information in the accounts payable subsidiary journal is entered after
the amount of credit or debit?
A. The name of the vendor
B. The terms of the sale
C. The balance
D. The date
Answer:
D
Explanation:
Answer: the balance
Explanation: because
Not Answered Question Workspace A family on a trip budgets $800 for meals and hotel accommodations. Suppose the price of a meal is $40. In addition, suppose the family could afford a total of eight nights in a hotel if they don't buy any meals. How many meals could the family afford if they gave up two nights in the hotel
Based on the amount budgeted and the costs of meals and the hotel, if the family gave up two nights, they could afford 4 meals.
The family can afford 8 nights at the hotel if they gave up meals. This means that the cost of a night at the hotel is:
= Total cost / Nights at hotel
= 800 / 8
= $100 per night
If the family gave up two nights, they would have $200 to spend on meals which means they will afford:
= 200 / 40 per meal
= 5 meals
In conclusion, the family would afford 5 meals.
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Annual percentage rate (APR) is:
A. a yearly fee charged on a credit card.
B. the total cost of a loan per year, expressed as a percentage.
C. the interest rate on a loan expressed as a percentage.
D. an interest rate that compounds yearly.
SUBMIT
Answer:
B.The total cost of a loan per year expressed as a percentage
Sanjana facilitated a hiring committee for her advertising company. Six employees (including two managers) met together to discuss applicants and select the finalists for a creative art director for the public relations department. Although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. In setting up this type of hiring process, the head of public relations was utilizing a(n) __________ style of leadership.
Answer:
D) participative
Explanation:
A participative leader is someone who is really involved in the company's activities and will be willing to receive input or advice from different employees and staff members. The leader will be open to consider the opinions of different staff members during decision making processes.
The leader as well as his/her staff members will be able to access all the relevant information and discuss possible options. Some participative leaders will also be willing to decide important issues through majority votes that include the leader and important staff members.
Income taxes are taxes that are paid on any financial gain. Purchased goods. Homes, land, or property. Special goods and activities.
Income taxes are those taxes that are paid on any financial gain.
Income taxes are a progressive type of tax system. Them are taxes that are paid on all forms of income.
This type of tax , taxes those that have more income that those that have lower income.
The government uses the income tax to fund several public services and also use it for the provision of goods to the citizens in the country.
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Answer:
any financial gain
Explanation:
e2022
Which is NOT a part of the Texas Real Estate Commission's (TREC) complaint investigation and disposition procedures?
Answer:
The answer is cooperative. Which is NOT required by the Texas Real Estate Commission (TREC) for a real estate brokerage organized as a business entity? The answer is a copy of the bylaws of the business entity must be on file at TREC. ... The answer is the Texas Business Organization Code.
A city's water division generated $1.5 million in revenue. It reported expenses of $1 million, which included $200,000 paid to an internal service fund. The water division also transferred $50,000 to the general fund. What amount is the water division's change in net position on the statement of revenues, expenses, and changes in fund net position
The water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.
Using this formula
Change in net position=Revenue-Expenses-Transfer to general fund
Where:
Revenue=$1.5 million
Expenses=$1 million
Transfer to general fund=$50,000
Let plug in the formula
Change in net position=$1.5 million-$1 million-$50,000
Change in net position=$450,000
Inconclusion the water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.
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The qualitative characteristic of using the same accounting method each period over time refers to the concept of
Given a GDP deflator of 120 and a Nominal GDP of 7.8 billion dollars, calculate Real GDP. (1 point)
O 6.5 billion dollars
O 9 billion dollars
09.36 billion dollars
O 6.6 billion dollars
Answer:
It's 6.5
Explanation:
7.8/(120/100)=6.5
A GDP is calculated as Nominal GDP is divided by the GDP deflator.
The calculation is shown below
$7.8 / $120
=0.065
The answer needs to be multiplied by 100
and therefore
0.065 * 100
= 6.5 billion dollars
The answer is 6.5 billion dollars.
What is GDP?GDP stands for Gross Domestic Product of a country this represents total monetary value of goods and services produced in a country during a specified period of time.
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Juan earns a gross pay of $44,500. His employee benefits are 18% of his gross pay. What is the value of his benefits?
Answer: I think its $8,100
Explanation:
i hope it helps
A local radio commercial costs $600 and reaches an estimated 10,250 listeners. A local cable commercial costs $1000 and reaches an estimated 18,500 viewers. Which medium provides the lowest CPM
Based on the calculations, the medium that provides the lowest CPM is the cable commercial.
Since the radio commercial costs $600 and reaches an estimated 10,250 listeners, the CPM will be:
= $600/10250
= $0.0585
Since the local cable commercial costs $1000 and reaches an estimated 18,500 viewers, its CPM will be:
= $1000 / 18500
= $0.0541
Therefore, the lowest CPM is gotten from the cable commercial.
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The particular market segment your company is trying to sell your products or services to is your _________.
A.
Customer profile
B.
Market share
C.
Community
D.
Target market
56. How do most states finance their capital budget?
a. sales or excise taxes
b. long-term borrowing or sale of bonds
c. income and property taxes
d. personal property or inheritance taxes
________ costs refer to the sum of the fixed and variable costs for any given level of production. Target Break-even Total Value-based Marginal
Based on microeconomic theory, Total costs refer to the sum of the fixed and variable costs for any given level of production.
What makes Total Cost?Generally, the total cost is the sum of all the price of the material utilized, the wages or salary paid in the production, and the direct expenditure.
Components of Total CostThe components of Total Cost include the following:
Prime costFactory costOffice cost Cost of sales, etc.Hence, in this case, it is concluded that the correct answer is "Total Cost."
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how did consumerism help cause the great depression?
explain the method of bookkeeping ?
Use the table to answer the question.
2007
2008
Price ($) Quantity
Price ($) Quantity
Video Games 60
100
60
200
Movies 15
20
12
50
The table above gives the prices and quantities for a fictional country that only produces video games and movies. What is the growth rate of Nominal
GDP from 2007 to 2008?
(1 point)
O 6,300
O 12,600
O 200%
O 100%
The growth rate of Nominal GDP from 2007 to 2008 is 100%.
Nominal GDP is the gross domestic product of a country that is calculated using current year prices. It included real GDP and inflation.
Growth rate in GDP = (nominal GDP in 2008 / nominal GDP in 2007) - 1
Nominal GDP in 2007 = (60 x 100) + (15 x 20)
= $6000 + $300
= $6,300
Nominal GDP in 2008 = (60 x 200) + (12 x 50)
$12,000 + 600
= $12,600
Growth rate = ($12,600 / 6,300) - 1 = 100%
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On a school field trip, the number of students, y, is always proportional to the number of adults, x. The line representing this relationship passes through the point (8,96). What is the unit rate, and what does it represent for this situation?
The unit rate means that there are 12 students for each adult.
A linear equation is in the form:
y = mx + b
where y, x are variables, m is the rate of change and b is the initial value of y.
Let y represent the number of students and x represent the number of adults. Since y is proportional to x, hence:
y = mx
The line passes through the point (8,96):
96 = 8m
m = 12
The unit rate means that there are 12 students for each adult.
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Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:
Answer:
Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:
The requirements necessary for one of the parties to enforce it in court, then it is a voidable contract.
What is court?A court is any person or institution with the jurisdiction to arbitrate legal disputes between parties and administer justice in civil, criminal, and administrative affairs in conformity with the rule of law. A court, often known as a court of law, is a person or group of people with the legal jurisdiction to hear and settle disputes in civil, criminal, ecclesiastical, or military issues.
A formal agreement between two parties that is voidable can become unenforceable for a variety of legal reasons, such as failure to reveal a crucial truth by one or both parties. a blunder, false statement, or fraud. excessive pressure or coercion.court
Although voidable contracts are not truly legitimate and enforceable, a party who has suffered a loss as a result of the contract's circumstances (for instance, if they were forced to sign it) may choose to "void" the contract and make it legally unenforceable.
Therefore, Thus option (A) is correct.
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If a bank uses $100,000 to purchase a building for $80,000 and equipment for $10,000, the balance sheet at the end of the transactions will be ______.
Answer:
cash = $10,000, property assets = $90,000, and stock shares = $100,000.
Explanation:
What type of business is formed with the primary purpose of serving its user- members? O A. Partnership B. Corporation O C. Sole proprietorship D. Cooperative
no linkss
Answer:
What was the answer?
Explanation:
Answer: it’s cooperative, I took the test.
Explanation:
ieiyeoemn you’re toxic.
Can some people give me free adopt me pets? Just put in your user and I'll add u
Answer:
U can have my fly ride neon unicorn
Explanation:
need help on econ please and thank you
Answer:
1. Bonds
2. Property
3. Mutual Funds
4. Starting a business
Explanation:
The socially optimal quantity of pollution is:_________.
a. the amount of pollution society would choose if the marginal social cost of pollution were zero.
b. the amount of pollution society would choose if all costs and benefits were fully accounted for. zero.
c. the amount of pollution society would choose if the marginal social benefit of pollution were zero.
Based on standard practices, the socially optimal quantity of pollution is "the quantity whose marginal social cost equals the marginal social benefit."
What is the socially optimal quantity?The socially optimal quantity is the term used to describe output quantity that reveals equilibrium between the costs and benefits of social conditions.
Therefore when the quantity of pollution whose marginal social cost equals the marginal social benefit occurs, this is a socially optimal quantity of pollution.
Hence, in this case, it is concluded that the correct answer is the quantity whose marginal social cost equals the marginal social benefit.
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Years ago, thousands of country music fans risked their lives by rushing to buy tickets for a Willie Nelson concert at Carnegie Hall. This behavior indicates Select one: a. nothing about the equilibrium price. b. the ticket price was at the equilibrium price. c. the ticket price was below the equilibrium price. d. the ticket price was above the equilibrium price.
There a lot of changes that affect price. This behavior indicates this ticket was below the equilibrium price
When the price of goods and services is below the equilibrium price, there is known to be excess demand for the product and this is regarded as shortage of supply.
Due to the fact that quantity demanded is more than quantity supplied, consumers are known to be willing to buy more than producers are willing to sell. This result in a mismatch between demand and supply that will lead to the increase in price.
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A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family
sorenson’s march 2020 video for marriott employees exhibited characteristics of ________ leadership.
The sorenson’s video for marriott employees exhibited characteristics of commanding leadership style.
Arne Morris Sorenson is an American hotel executive and served as the hotel president and chief executive officer.
Sorenson's style of leadership entails combination of empathy, personal warmth and iron principle attracted deep admiration throughout the corporate world.Therefore, the sorenson’s video for marriott employees exhibited characteristics of commanding leadership style.
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The effects of tariffs and quotas are: a(n) __________ in consumers' surplus, and a(n) __________ in producers' surplus.
Answer:
decrease; increase
Explanation:
Which of the following represents an increase in labor productivity within a country? (1 point)
O GDP decreased from 400 billion dollars to 200 billion dollars while total labor hours decreased from 75 million year to 50 million.
O GDP increased from 200 billion dollars to 400 billion while total labor hours increased from 50 million to 100 million.
O GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
O GDP decreased from 400 billion dollars to 200 billion dollars, while total labor hours decreased from 100 million to 50 million.
The option that represents the rise in labor productivity will be C. GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
Labor productivity simply means the workforce productivity. It's the real ouput per labor hours. It's the amount of goods that are produced for a given time period.
An increase in labor productivity will be the increase in the GDP from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
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