True. oligopolistic firms often choose not to compete on price
Oligopolistic firms often choose not to compete on price. Instead of engaging in price wars, they may focus on differentiating their products or services, engaging in non-price competition, or forming agreements such as collusion or cartels to maintain stable prices and avoid intense price competition. Oligopolies typically have a small number of large firms in the market, and their actions can have a significant impact on the overall market conditions. By avoiding direct price competition, oligopolistic firms aim to protect their profits and maintain market stability.
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marketers need to ensure that their advertisements reflect american society's diversity in a realistic and positive manner because]
Marketers should ensure their ads reflect diversity in a positive and realistic manner.
In today's society, representation and inclusivity are crucial in all aspects of life, including marketing. Brands that showcase a diverse range of individuals in their advertisements not only demonstrate their commitment to social responsibility but also appeal to a broader audience. However, it's not enough to simply include a token person of color or individual with a disability. Advertisements should accurately portray the diversity that exists in our society, and this includes both visible and non-visible characteristics. By doing so, companies can create a more inclusive environment that celebrates differences and encourages acceptance. Ultimately, inclusive advertising can have a positive impact on society as a whole, leading to greater understanding and unity among all people.
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Gateway communications is considering a project with an initial fixed assets cost of $1. 76 million that will be depreciated straight-line to a zero book value over the 10-year life of the project. At the end of the project the equipment will be sold for an estimated $234,000. The project will not change sales but will reduce operating costs by $384,500 per year. The tax rate is 34 percent and the required return is 10. 9 percent. The project will require $49,000 in net working capital, which will be recouped when the project ends. What is the project's npv?
The project's NPV is $38,500
Using these cash flow estimates, we can calculate the NPV of the project using the following formula:
NPV = -Initial Investment + (Cash flow Year 1 / (1+required return)¹) + (Cash flow Year 2 / (1+required return)²) + ... + (Cash flow Year n / (1+required return)ⁿ)
where n is the number of years in the project.
In this case, the initial investment is the cost of the fixed assets plus the initial net working capital requirement, which is $1.76 million + $49,000 = $1.809 million.
Using the estimated cash flows and the required return of 10.9 percent, the NPV of the project can be calculated as follows:
NPV = -$1,809,000 + ($384,500 x (1 - 0.34) / (1+0.109)¹) + ($384,500 x (1 - 0.34) / (1+0.109)²) + ... + ($384,500 x (1 - 0.34) / (1+0.109)¹⁰) + ($234,000 x (1 - 0.34) / (1+0.109)¹⁰)
NPV = -$1,809,000 + $278,200 + $247,300 + ... + $21,500 + $136,200
NPV = $38,500
Since the NPV of the project is positive, it is expected to generate a return that is greater than the required return of 10.9 percent. Therefore, Gateway Communications should consider undertaking the project.
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Globally, among developing regions, which of the following regions had by far the largest decrease in the number of undernourished people in the last twenty years? Answers:A. Russia B. South Asia C. Latin America D. Sub-Saharan Africa E. East Asia
I would say south Asia is the answer
why is selecting appropriate target markets important for an organization that wants to adopt the marketing concept philosophy?
Selecting appropriate target markets is crucial for any organization that wants to adopt the marketing concept philosophy because it helps them to focus their efforts and resources on the consumers who are most likely to purchase their products or services.
By understanding the needs, preferences, and behaviors of their target market, organizations can develop tailored marketing strategies that resonate with their target audience. This, in turn, leads to higher customer satisfaction, increased customer loyalty, and ultimately, greater profits. In addition, selecting the right target market allows an organization to differentiate itself from its competitors, as it is able to offer unique value propositions that appeal to its target audience. Overall, selecting appropriate target markets is a key component of the marketing concept philosophy, as it enables organizations to put their customers at the center of their business strategy, and create sustainable competitive advantages.
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Financial information is presented in a printed form that prescribes the wording of the independent auditor's report. The form is not acceptable to the auditor because the form calls for statements that are inconsistent with the auditor's responsibility. Under these circumstances, the auditor most likely would:
A) Withdraw from the engagement.
B) Reword the form or attach a separate report.
C) Express a qualified opinion with an Explanation.
D) Restrict use of the report to the party who designed the form.
B) Under these circumstances, the auditor most likely would reword the form or attach a separate report.
In this scenario, where the wording of the independent auditor's report prescribed by the printed form is inconsistent with the auditor's responsibility, the auditor would most likely choose to reword the form or attach a separate report. The auditor has a professional duty to express an opinion that is consistent with their assessment of the financial statements and the audit work performed. If the prescribed wording of the form does not accurately reflect the auditor's opinion or responsibilities, they would need to modify the wording or provide a separate report that accurately conveys their opinion.
The auditor's responsibility is to ensure that their report accurately represents their opinion on the financial statements. If the prescribed wording in the printed form is inconsistent with the auditor's responsibility, they would choose to reword the form or attach a separate report to fulfill their obligations accurately.
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bank rates on credit card balances are usually similar to the rate charged on business loans. a. true b. false
The statement "bank rates on credit card balances are usually similar to the rate charged on business loans" is true.
In general, interest rates on credit card balances are about the same as interest rates on business loans from banks. However, the specific interest rate may vary depending on several factors such as: Borrower's creditworthiness, term of loan and purpose of loan. Both credit cards and business loans are forms of unsecured borrowing, meaning no collateral is required for the transaction. This makes these types of loans riskier for lenders than secured loans such as: B. Mortgage or Auto Loan. As a result, interest rates on credit card balances and business loans tend to be higher than those on secured loans. Credit card balances are typically used for short-term borrowing, are unsecured, and carry higher interest rates than other types of credit. Banks use a risk-based pricing model to determine the interest charged on credit card balances. In other words, borrowers with lower credit scores may pay higher interest rates. On the other hand, business loans may have different interest rates depending on the purpose and creditworthiness of the borrower. For example, a loan to start a new business may have a higher interest rate than a loan to a proven and established business.
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what is the lowest decision height for which a category ii applicant can be certified during the original issuance of the authorization?
The lowest decision height for which a Category II applicant can be certified during the original issuance of the authorization is 100 feet above touchdown zone elevation.
A Category II authorization is a certification issued by the Federal Aviation Administration (FAA) that allows pilots to perform an instrument approach to a decision height lower than that of a Category I approach. This certification requires specialized training, aircraft equipment, and additional safety measures. The decision height is the altitude at which a pilot must decide whether to continue with the approach or execute a missed approach. For Category II approaches, the decision height is typically set at 100 feet above the touchdown zone elevation, allowing pilots to land in lower visibility conditions. The FAA sets strict standards for Category II authorization, and pilots must meet all requirements to be certified.
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abc bank originated a pool of containing 100 three-year fixed-rate mortgages with loan amount of $150,000 each. all mortgages in the pool carry a rate of 6% with annual payments. the guarantee and servicing fee is 1%. abc bank would like to sell the pool to investors via mortgage pass through (mpt) security. suppose that 50,000 shares will be issued.and there are no prepayment and no default for the borrowers.a. find the cash flows to each share of the mps for the 3 years, assuming there are no prepayment and no default from the borrowers. if market interest rate is 5.5%, what is the price for each share of mpt security?
Abc bank originated a pool of containing 100 cash flow three-year fixed-rate mortgages with loan amount of $150,000 each. A total of $4,532,775 in cash flow will be made available to investors in year 8.
The annual payment on each loan must be determined, multiplied by the number of loans in the pool, and added together to determine the total cash flow available to investors in year eight.
Let's begin by using the following formula to determine the annual payment for each loan:
P is equal to (r*PV)/(1- (1 + r)-n)
P = yearly payment
Annual interest rate is r.
Present Value (PV) is the starting balance.
n is the number of years
Adding the specified values:
P= (0.05 *350000)/(1 - (1 + 0.05) – 10))
P=17500 / (1 - 0.613913253540759)
P=17500 / 0.386086746459241
P= 45327.75
By dividing the annual payment by the total number of loans in the pool, we can now determine the total cash flow that will be accessible to investors in year 8:
Total cash flow =P* Loans outstanding
Cash flow total = 45327.75 * 100
Cash flow overall = 4532775.
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most expatriates believe that more weight should be given to an on-site manager’s appraisal than to an off-site manager’s appraisal.T/F?
False. Most expatriates do not necessarily believe that more weight should be given to an on-site manager's appraisal than to an off-site manager's appraisal. The weight given to each appraisal may depend on various factors such as the specific circumstances, the nature of the job, the relationship with the managers etc.
The perception of expatriates regarding the weight of on-site and off-site manager appraisals can vary. While being physically present at the same location as the expatriate may provide the on-site manager with more direct observation and interaction opportunities, it does not necessarily mean that their appraisal should be given more weight. The credibility and fairness of the appraisal process are crucial in ensuring a comprehensive and accurate assessment of an expatriate's performance. Factors such as the objectivity, expertise, and knowledge of the manager, as well as the alignment of performance criteria and expectations, should be considered in determining the weight given to each appraisal. Additionally, organizations often have established performance evaluation processes and guidelines that consider multiple sources of feedback, including input from both on-site and off-site managers, colleagues, subordinates, and other stakeholders. The aim is to obtain a well-rounded and balanced assessment of an expatriate's performance and contributions.
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what group is considered to be the foundation of the japanese distribution system? question 29 options: consumers brokers manufacturers small retailers wholesalers
Spain. Most middlemen work with brands when the line is profitable and rapidly dismiss them after a season or year if they don't generate during that time.
A fixed supply of goods is controlled by an importer in a traditional or import-oriented distribution structure, and the marketing strategy is built around the idea of selling a small quantity of goods at high prices to a select group of wealthy clients.
The wholesaler distribution model, which wholesalers use to operate as a business solution for retailers by handling all logistical transactions, product marketing, and financial risks, forms the basis of the Japanese distribution system.
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Why did Target Corp. create a new C-level security position? A. Because it is required by the government to have a top level security position B. Because they lost 98 million customer accounts C. Target did not create a C-level security position D. Because the CEO has too much work to do
The Target Corp. created a new C-level security position is B - because they lost 98 million customer accounts.
This significant data breach in 2013 prompted Target to reassess their security measures and make changes, including hiring a Chief Information Security Officer (CISO) to oversee and improve their security protocols.
This new C-level security position is necessary to ensure that Target's security measures are comprehensive and effective in protecting their customers' sensitive information.
Target experienced a massive data breach in 2013, which resulted in the loss of 98 million customer accounts. This prompted the company to create a C-level security position to improve their cybersecurity measures and protect customer data more effectively.
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the table below represents the costs of producing sneakers. quantityfixed costvariable costtotal costaverage fixed costaverage variable costaverage total cost12$118$25$143???18$118$50$168???26$118$75$193???34$118$100$218???42$118$125$243??? find the average variable cost for producing 34 sneakers. round your answer to the nearest hundredth.
To find the average variable cost for producing 34 sneakers, we need to divide the total variable cost by the quantity of sneakers.
From the table, we can see that the total variable cost for producing 34 sneakers is $100. Therefore, the average variable cost is calculated as:
Average Variable Cost = Total Variable Cost / Quantity
Average Variable Cost = $100 / 34
Calculating this, we get:
Average Variable Cost ≈ $2.94 (rounded to the nearest hundredth)
Therefore, the average variable cost for producing 34 sneakers is approximately $2.94.
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A(n) _____ is a product selection tool or competitive bidding process that uses objective criteria, such as benchmarking and the weighted point evaluation method, to choose among products proposed by competing vendors.
A weighted point evaluation method is a product selection tool or competitive bidding process that uses objective criteria, including benchmarking, to choose among products proposed by competing vendors. It assigns weights to different evaluation criteria and calculates a score for each product based on those weights.
A weighted point evaluation method is a systematic approach used to evaluate and select products from competing vendors based on predefined criteria. It is commonly employed in product selection processes or competitive bidding processes to ensure an objective and fair decision-making process.
The first step in the weighted point evaluation method is to identify the evaluation criteria that are important for the decision. These criteria can include factors such as price, quality, features, functionality, durability, support services, and delivery time. Each criterion is assigned a weight to reflect its relative importance in the decision-making process.
The next step involves benchmarking, where the evaluation criteria are compared against industry standards or best practices to determine the desired performance level. This helps establish a baseline for evaluating the competing products.
During the evaluation process, each product proposed by competing vendors is assessed against the predetermined criteria. The assigned weights are then used to calculate a score for each product based on its performance on each criterion. The scores are typically aggregated to determine a total score for each product.
Finally, the product with the highest total score is selected as the preferred choice. This approach allows decision-makers to objectively compare and evaluate competing products, taking into account their strengths and weaknesses based on the established criteria and weights.
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darius was distracted at work because his wife is in the hospital. he stepped away from his desk for a few minutes to take a private call on his cell phone and forgot to lock his laptop. when he returned to his desk, his laptop was gone and he realized instantly the seriousness of the problem since his computer houses propriety information as well as employee information. given the information provided, what did darius' distraction lead to? group of answer choices a near miss a safety issue work-to-family conflict workplace injury
Darius' distraction from the phone call led to a security issue, which can be considered a safety issue as it allowed for the possibility of proprietary and employee information being accessed or stolen.
Leaving a laptop unlocked and unattended can compromise the security of proprietary and employee information. This can result in serious consequences for the company and its employees, as well as legal and financial repercussions for the company. Therefore, Darius' distraction created a safety issue. It did not lead to a near miss, work-to-family conflict, or workplace injury.
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in the united states, if a businessperson brought an elaborately wrapped gift to a prospective client on their first meeting, it might be viewed as
In the United States, if a businessperson brought an elaborately wrapped gift to a prospective client on their first meeting, it might be viewed as inappropriate or excessive.
This is because gift-giving in business settings in the US is typically not expected and can even be seen as a form of bribery or an attempt to influence the recipient's decision-making process. Instead, building a relationship with the prospective client through respectful communication, professional demeanor, and a genuine interest in their needs and goals is generally considered more appropriate and effective in establishing trust and mutual understanding.
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Which if the following is a function of the municipal planning board?A. approving a variance for an addition to a garage or a residential property.B. creating a master plan for all the land in a particular county.C. unilaterally approving subdivisions in a jurisdictionD. prescribing and controlling the development and use of all land in a municipality.
The function of the municipal planning board is to prescribe and control the development and use of all land in a municipality. Option D is the correct answer.
The municipal planning board is responsible for creating a comprehensive plan for the development of the municipality, which includes zoning regulations, building codes, and land use policies. The board reviews and approves or denies development proposals, site plans, and subdivision applications, ensuring that they comply with the municipality's land use policies and regulations. The board also provides recommendations to the governing body on land use policies and zoning amendments, in addition to conducting studies and surveys to support planning efforts. Thus, the municipal planning board plays a crucial role in the development and growth of a municipality.
Option D is the correct answer.
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autonomic role in decision making differs from syncratic role as autonomic role: group of answer choices occurs when the husband makes most of the purchase decisions. occurs when both the partners jointly make purchase decisions. occurs when the wife is allowed to make certain purchase decisions independently. occurs when the partners independently make equal number of purchase decisions.
The autonomic role in decision making differs from the syncratic role in that the autonomic role involves one partner, usually the husband, taking the primary responsibility for making purchase decisions. The Correct option is A
In this role, the partner with the most authority or control over decision making is the one who makes most of the decisions. On the other hand, the syncratic role involves both partners jointly making purchase decisions, sharing decision-making authority equally or in a way that allows for some degree of independence for both partners.
This role allows for shared decision making and can be beneficial in promoting cooperation and satisfaction within a relationship.
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Complete Question:
The autonomic role in decision making differs from the syncratic role in which of the following ways?
a) Occurs when the husband makes most of the purchase decisions.
b) Occurs when both partners jointly make purchase decisions.
c) Occurs when the wife is allowed to make certain purchase decisions independently.
d) Occurs when the partners independently make an equal number of purchase decisions.
Why do corporations and the U.S. government sometimes need to get their hands on funds quickly! A The timing of many expenses is difficult to estimate. B. Most of their funds are held in highly illiquid investment. Cash inflows and outflows are rarely synchronized. D. Poor financial planning puts many corporations and government entities in situations where they cannot pay currency bills
The answer is all of the options as there are various reasons why corporations and the U.S. government may need to access funds quickly.
What are the reasons?One reason is that the timing of many expenses is difficult to estimate, and unexpected costs can arise that require immediate attention.
Additionally, many of their funds are held in highly illiquid investments, which can make it challenging to access cash quickly.
Cash inflows and outflows are also rarely synchronized, which can create cash flow issues.
Finally, poor financial planning can put many corporations and government entities in situations where they cannot pay current bills, leading them to seek funding solutions that can provide quick access to cash.
Hence, the correct options are - A. , B. , C. , D.
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true or false. less then 50% of marketers think that customer experience is a key competitive differentiator.
False. Contrary to the statement, a significant majority of marketers recognize customer experience as a key competitive differentiator
The statement "less than 50% of marketers think that customer experience is a key competitive differentiator" is not supported by current trends and industry research. In fact, numerous studies and surveys indicate that a majority of marketers recognize the significance of customer experience as a crucial competitive differentiator.
Customer experience has gained considerable attention in recent years, with businesses recognizing its impact on customer loyalty, brand perception, and overall business success. Marketers understand that delivering exceptional customer experiences can lead to increased customer satisfaction, higher retention rates, positive word-of-mouth, and a competitive advantage in the marketplace.
Research studies consistently highlight the growing importance of customer experience as a strategic priority for businesses across industries. Many organizations are investing in improving their customer experience management, adopting customer-centric approaches, and leveraging technology to enhance interactions and engagement with customers.
Contrary to the statement, a significant majority of marketers recognize customer experience as a key competitive differentiator. It is widely acknowledged that providing exceptional customer experiences is vital for business success and gaining a competitive edge in the marketplace.
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kando company currently pays $10 per unit to buy a part for a product it manufactures. instead, kando could make the part for per unit costs of $4 for direct materials, $3 for direct labor, and $1 for incremental overhead. kando normally applies overhead costs using a predetermined rate of 200% of direct labor cost. (a) prepare a make or buy analysis of costs for this part.(b) should kando make or buy the part?
Kando Company is currently paying $10 per unit to purchase a part for its product. However, the company has the option of manufacturing the part with direct materials costing $4 per unit, direct labor costing $3 per unit, and incremental overhead costing $1 per unit. The company typically applies overhead costs using a predetermined rate of 200% of direct labor costs.
To prepare a make or buy analysis of costs for this part, we must compare the total cost of making the part to the total cost of buying the part. The total cost of making the part would be the sum of the direct materials cost, direct labor cost, and overhead cost. Using the predetermined overhead rate, we can calculate the overhead cost as follows:
Overhead cost = (Direct labor cost x Predetermined overhead rate)
Overhead cost = ($3 x 200%)
Overhead cost = $6 per unit
Therefore, the total cost of making the part would be: Total cost = Direct materials cost + Direct labor cost + Overhead cost Total cost = $4 + $3 + $6 Total cost = $13 per unit Comparing this to the cost of buying the part at $10 per unit, it appears that Kando should continue to buy the part instead of making it. In conclusion, based on the make or buy analysis of costs, Kando Company should continue to buy the part at $10 per unit instead of manufacturing it for a total cost of $13 per unit.
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what social issues persist in india and brazil as those countries industrialize and open up to exports?
Answer:
Here are some of the key social issues:
Inequality: Both India and Brazil have high levels of income inequality, with a large gap between the wealthy and the poor. This inequality is often exacerbated by industrialization and globalization. The benefits of economic growth accrue mainly to the wealthy.Labor rights: As these countries industrialize and open up to exports, labor rights and protections are often ignored or insufficiently enforced. This can lead to low wages, unsafe working conditions, and exploitation of workers.Environmental degradation: The rapid industrialization of these countries has led to environmental degradation and pollution. This can negatively affect local communities and contribute to the loss of biodiversity and ecosystem services.Urbanization: As industrialization continues, there is often rapid urbanization. Many people move from rural areas to cities in search of work. This can lead to overcrowding, inadequate housing, and social dislocation.Political corruption: Both India and Brazil have struggled with political corruption. This can undermine public trust in government and lead to unequal distribution of resources.Explanation:
which is an example of deceptive pricing? multiple choice question. charging a very low price for a product with the intention of destroying a competitor when a manufacturer prices differentially based on changing market conditions a bait and switch to lure customers into the store to sell them a higher priced product meeting with the management of a competitor to agree on an increased base price for a product
A bait and switch to lure customers into the store to sell them a higher priced product is an example of deceptive pricing.
Deceptive pricing is a pricing strategy used to mislead consumers into thinking they are getting a better deal than they actually are. A bait and switch tactic is a classic example of deceptive pricing where a business lures customers with an advertised low-priced item, only to pressure them into purchasing a higher-priced alternative once they are in the store. This tactic is deceptive because the business is not providing the product that was originally advertised at the low price.
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on average, out of every dollar spent on compensation, how much goes to benefits?
According to the Bureau of Labor Statistics' National Compensation Survey, as of March 2021, benefits accounted for an average of 31.7 cents out of every dollar spent on compensation by private industry employers in the United States.
This includes both legally required benefits such as Social Security and Medicare contributions, as well as discretionary benefits such as paid leave, health insurance, retirement benefits, and bonuses. The exact percentage of compensation spent on benefits varies by industry, occupation, and employer size. For example, employers in the goods-producing sector tend to spend a larger portion of compensation on benefits compared to service-providing employers, and larger employers tend to offer more generous benefits packages than smaller employers.
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if the standard quantity allowed (sqa) for direct labor is less than the actual quantity (aq) used, the efficiency variance is favorable. true or false
The statement is True as The efficiency variance in direct labor measures the difference between the actual hours used and the standard hours allowed.
What are the reasons?If the standard quantity allowed for direct labor is less than the actual quantity used, it means that the workers were more efficient than expected.
This is considered a favorable variance because the company saved money on labor costs. However, if the actual quantity used is more than the standard quantity allowed, the efficiency variance is unfavorable, indicating that the workers were less efficient than expected, resulting in higher labor costs.
Therefore, it is important for a company to monitor and analyze efficiency variances to identify areas for improvement and make adjustments to the standard quantity allowed for direct labor.
Hence , the statement is true.
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which of the following is not an effective way to manage the inefficiency resulting from a negative externality? responses government intervention in the form of obligatory controls government intervention in the form of obligatory controls per-unit taxes per-unit taxes assignment of property rights assignment of property rights lump-sum taxes lump-sum taxes private negotiations among affected parties
Lump-sum taxes are not an effective way to manage the inefficiency resulting from a negative externality.
Lump-sum taxes, which are fixed taxes imposed on individuals regardless of their actions or externalities, are not specifically designed to address the inefficiency caused by negative externalities. Unlike per-unit taxes, which target the specific activity generating the externality, lump-sum taxes do not incentivize individuals to internalize the costs of their actions or adjust their behavior accordingly. Instead, lump-sum taxes are a fixed burden on individuals that may not effectively address the root cause of the negative externality.
To manage the inefficiency resulting from negative externalities, more effective approaches include government intervention in the form of obligatory controls, such as regulations or restrictions, per-unit taxes that align the cost with the externality, and assignment of property rights that enable affected parties to negotiate and internalize the costs.
Private negotiations among affected parties can also be an effective solution when all parties have the necessary information and incentives to reach mutually beneficial agreements.
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which of the following is not an argument in favor of a government rescue of a large failing bank? a. a government rescue would benefit all employees of the bank and not just its executives. b. a government rescue could reduce systemic risk in the financial system. c. a government rescue could create a moral hazard by encouraging large banks to take on more risk. d. a government rescue could stimulate all the sectors that depend on funding from the banking system.
A government rescue could create a moral hazard by encouraging large banks to take on more risk is not an argument in favor of a government rescue of a large failing bank. So the option C is correct.
The claim that a government rescue of a sizable bank in trouble could lead to moral hazard is made against it. When individuals or businesses are discouraged from doing ethically because they think they will be saved if something goes wrong, this is known as a moral hazard.
In the case of a sizable failing bank, a government rescue may encourage the bank to increase its risk exposure in the hope that the government will step in and save them if things go south. As a result, the banking industry might become unhealthy, and a climate of moral hazard might encourage further instances of irresponsible behavior and financial catastrophes. So the option C is correct.
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In Canada we have government intervention in the dairy market in the form of quotas on milk production. What are two predicted economic effects of this policy?a.A redistribution of income from dairy farmers to consumers of dairy products and an increase in the total amount of economic surplus in the dairy market.b.An equitable distribution of income between dairy farmers and consumers of dairy products and a reduction in the total amount of economic surplus in the dairy market.c.A redistribution of income from consumers of dairy products to dairy farmers and a reduction in the total amount of economic surplus in the dairy market.d.A redistribution of income from consumers of dairy products to dairy farmers and a reduction in deadweight loss in the dairy market.e.A redistribution of income from dairy farmers to consumers of dairy products and a reduction in the total amount of economic surplus in the dairy market.2.
The correct answer is option E - a redistribution of income from dairy farmers to consumers of dairy products and a reduction in the total amount of economic surplus in the dairy market.
The quotas on milk production result in a limited supply of milk, which increases the price of dairy products. As a result, consumers end up paying more for dairy products, while dairy farmers receive a higher price for their milk. This leads to a redistribution of income from dairy farmers to consumers. However, the limited supply also leads to a reduction in the total amount of economic surplus in the dairy market, as some consumers may be priced out of the market or opt for substitutes. Overall, the government intervention in the dairy market through quotas has both positive and negative economic effects.
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major components involved in developing a performance management plan include? question 23 options: length of evaluation period aggregation of work sampling standardized evaluation ratings benchmarking job tasks documentation required to substantiate performance timing of the evaluation cycle inclusion of annual performance goals
The major components involved in developing a performance management plan are as follows:
Defining job tasks and responsibilities: This involves establishing clear job descriptions and outlining the specific tasks and responsibilities that are expected of employees.
Establishing performance standards: This involves setting specific performance standards that employees are expected to meet or exceed, based on their job tasks and responsibilities.
Developing performance measures: This involves identifying specific metrics or indicators that will be used to measure employee performance against established standards.
Providing ongoing feedback: This involves providing employees with regular feedback on their performance throughout the evaluation period, including both positive feedback and constructive criticism.
Conducting performance evaluations: This involves formally evaluating employee performance at regular intervals, typically on an annual or semi-annual basis.
Developing performance improvement plans: This involves developing plans to help employees who are not meeting performance standards to improve their performance.
Establishing performance goals: This involves setting annual performance goals for employees, based on their job tasks and responsibilities, to provide a clear focus for their performance improvement efforts.
Ensuring documentation: This involves ensuring that all performance management activities are properly documented to provide a record of employee performance over time.
Timing of the evaluation cycle: This involves establishing a regular cycle for performance evaluations to ensure that they are conducted consistently and on a regular basis.
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puddle enterprises is evaluating the purchase of an elaborate hydraulic lift system for all of its locations to use for the boats brought in for repair. the company has narrowed their choices down to two: the b14 model and the f54 model. financial data about the two choices follows. what is the net present value of the b14 model
The total present value of future cash inflows and residual value from the F54 Model is $206,005
What is cash inflow?Cash inflows refer to the amount of cash that comes into a business or individual's account, typically as a result of sales, investments, or other sources of income. Cash inflows can be from various sources, such as sales revenue, interest income, capital gains, rental income, loans, or investments.
Cash inflows are a positive sign for a business or individual, as they represent an increase in available funds that can be used for various purposes, such as paying bills, investing in new projects, or expanding operations.
The total present value of future cash inflows and residual value from the F54 Model
= 35000*5.747 + 9000*0.540
= $206,005
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Puddle Enterprises is evaluating the purchase of an elaborate hydraulic lift system for all of its locations to use for the boats brought in for repair. The company has narrowed their choices down to two—the B14 Model and the F54 Model. Financial data about the two choices follows.
B14 Model
F54 Model
Investment
$280,000
$210,000
Useful life (years)
8
8
Estimated annual net cash inflows for useful life
$90,000
$35,000
Residual value
$10,000
$9,000
Depreciation method
Straight−line
Straight−line
Required rate of return
12%
8%
What is the total present value of future cash inflows and residual value from the F54 Model?
a $112 petty cash fund has cash of $19 and receipts of $91. the journal entry to replenish the account would include a
The journal entry to replenish the petty cash fund would be:
Debit: Petty Cash Expenses $93
Credit: Cash $93
Explanation:
The petty cash fund is used for small expenses that are too insignificant to be paid by check. As expenses are incurred, money is taken out of the petty cash fund and receipts are kept to document the expenses. When the fund runs low, it needs to be replenished.
In this case, the petty cash fund had $19 in cash and receipts totaling $91, for a total of $110. To replenish the fund, we need to bring the cash back up to its original amount of $112.
To do this, we create a journal entry. The first account we debit is Petty Cash Expenses. This account represents the total of the receipts, or $91, which is the amount of money that was spent. We also add an additional $2 to bring the total up to $93, which represents the amount of money we need to replenish the fund to its original amount of $112.
On the credit side, we credit the Cash account for the same amount of $93. This records the fact that we are giving back the $93 in cash to the petty cash custodian to replenish the fund.
Overall, this journal entry ensures that we are properly accounting for the money that was spent out of the petty cash fund and that we are replenishing it to its original amount.
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