Amir tutors in his spare time for extra income. Students are willing to pay $54 per hour for as many hours Amir is willing to tutor. On a particular day, he is willing to tutor the first hour for $18, the second hour for $27.0, the third hour for $32.0, and the fourth hour for $54. Assume Amir is rational in deciding how many hours to tutor. His producer surplus is a $85.0. b.$149.0. c. $63.0. d. $77.0.
Answers
He has a $85 producer excess. (Choice a)
How would you define producer surplus?The whole quantity that a producer makes when they create and sell a certain amount of an item at the going rate is known as the producer surplus. The producer surplus is equal to the entire revenue from sales of a producer's goods minus its marginal cost of production. Economic surplus, usually referred to as overall welfare, total social welfare, or Marshallian surplus in mainstream economics, is one of two closely related quantities: Alternatively, consumer excess
The amount that producers might make by selling more of their goods can be calculated using their producer surplus.
Producer surplus =$54*4 - ($18+$27+$32+$54) = $216 - $131 = $85
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Related Questions
A demand-pull inflation problem can best be solved by
A) A reduction in aggregate demand.
B) An increase in aggregate demand.
C) An increase in production of goods and services.
D) A reduction in aggregate supply.
Answers
A demand-pull inflation problem can best be solved by a reduction in aggregate demand. The correct option is A.
Demand-pull inflation occurs when aggregate demand exceeds aggregate supply, leading to an increase in price levels.
To solve this issue, the government or central bank can implement policies that reduce aggregate demand, such as increasing interest rates or taxes.
This will discourage spending and borrowing, consequently decreasing demand.
As a result, the pressure on prices will be alleviated, and inflation will be kept under control.
In summary, addressing demand-pull inflation requires reducing aggregate demand to achieve a balance with aggregate supply, thus stabilizing price levels. Therefore, the correct option is A.
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To become a successful entrepreneur, you should:
Select one:
O Prepare to risk all of your family assets.
O Plan to quit your job before starting.
O Choose a business that is in a field you enjoy.
O Expect to put down a lot of money.
Answers
Question 20: If you are charged with selling/providing/delivering alcoholic beverages to an intoxicated person, the penalty is a Class B Misdemeanor. For the first offense, the maximum monetary penalty could be: *
Answers
There are punishment for any offense. Selling alcohol to an intoxicated person is a misdemeanor offense and punishable by a maximum fine of $500 and sometimes about a year in jail.
But sometimes, the effect often extend more than just criminal charges. The establishment or person that sold the alcohol could be given a fined or have their liquor license to be suspended.What is the penalty for selling alcohol without a License?One cannot sell alcohol without having the legal license or permit to do so.
There is a fines or jail time if a person sell alcohol without having authorization and one should not be selling/providing/delivering alcoholic beverages to an intoxicated person.
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Which scenario describes a student citing an online source in his or her work?
Answers
Answer:
a
Explanation:
Which scenario describes a student evaluating an online source?
Fill in the blank: To get the full benefits from Agile, you must adopt not only its processes, but also its _____.
Answers
To get the full benefits from Agile, you must adopt not only its processes, but also its mindset.
The Agile mindset encompasses a set of values and principles that drive collaboration, flexibility, continuous learning, and adaptation. It emphasizes individuals and interactions over processes and tools, working software over comprehensive documentation, customer collaboration over contract negotiation, and responding to change over following a plan.
By embracing the Agile mindset, teams foster a culture of transparency, trust, and empowerment. They prioritize iterative and incremental delivery, allowing for early feedback and course correction. The Agile mindset encourages open communication, encourages experimentation, and values the ability to adapt to evolving customer needs and market dynamics. It requires a shift in thinking from traditional command-and-control approaches to a more flexible, self-organizing, and customer-centric mindset, which ultimately leads to improved productivity, customer satisfaction, and business outcomes.
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according to the systems viewpoint, the part of a system that involves turning raw materials and knowledge into a new and different product or service is called . multiple choice question. inputs outputs product and service feedback transformational processes
Answers
according to the systems viewpoint, the part of a system that involves turning raw materials and knowledge into a new and different product or service is called transformational processes.
Systems Viewpoint refers to systems and interconnections that provide or support DoD functions. The Department of Defense's functions include both warfighting and business functions. The Systems Models link system resources to operational and capability needs.
The transformation process aids in the improvement of an organization's management by implementing changes for the company's growth. It essentially entails various types of activities for adding various types of input into the system in order to produce effective products and services for customers. This is referred to as the transformation process.
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How do you make decisions?
Answers
Answer:
Explanation: Making decisions can be challenging, but there are some steps you can take to make the process easier and more effective:
Identify the decision to be made: Start by clearly defining the problem or situation you're facing.
Gather information: Collect all the relevant information you need to make a decision. This can involve researching, seeking advice from others, or gathering data.
need asap plz!!! Questlon 5 of 10 Which statement best describes the idea of the law of supply? A . The supply of a product decreases as its price increases B. The demand for a product decreases as its supply decreases. C. The demand for a product increases as its price increases. D. The supply of a product increases as its price increases SUBMIT
Answers
Answer:
D. The supply of a product increases as its price increases
Explanation:
Supply is the volume of a product or a service that sellers are willing to sell in the market at a stated price. The law of supply explains the relationship between price and the quantity suppliers are willing to sell.
The law asserts that as the price increases, suppliers will supply more quantities of a product. A price decrease will cause suppliers to supply a lower quantity. Suppliers are profits motivated. A price increase results in higher profits hence more supply.
preventive measure of sheep and goat
Answers
Answer:
The clostridial vaccines are the only ones that can be recommended on a blanket basis for almost all sheep and goats. All other vaccination programs need to be developed specific to a herd/flock. Sheep and goats should be vaccinated for Clostridium perfringens Types C and D and tetanus (CD&T) at appropriate times.
Explanation:
What was the impact of the Suez Canal Crisis 2021?
Answers
The canal obstruction has a substantial detrimental effect on trade between Europe, Asia, and the Middle East as it is one of the busiest trading routes in the world.
The Suez Canal Authority hired the Dutch firm Royal Boskalis Westminster through its subsidiary Smit Salvage to oversee marine salvage operations as soon as the ship was grounded. Their team of professionals planned the timing and focus of activities while juggling a group of Egyptian, Dutch, and Japanese employees in close cooperation with the Canal Authority.
Suction dredgers were required to remove sand and silt from the ship's bow and stern, and tugs were required to exert force to move the ship by towing or pushing. The weight of the ship's fuel oil and water ballast was intended to be reduced or distributed using large-capacity pumps. I
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What is a C corporation?
Answers
Answer:(:
Explanation:
A C corporation, under United States federal income tax law, is any corporation that is taxed separately from its owners.
advantages of buying an existing business that you don't have with a startup include ________.
A. greater access to venture capital.
b. the opportunity to participate in a national advertising campaign.
c. inventory is in place and trade credit is established. d. easy implementation of innovations and changes from the past policies
Answers
Advantages of buying an existing business that you don't have with a startup include inventory that is in place and trade credit that is established (option C).
When purchasing an existing business, you often acquire the existing inventory, which allows you to start operating immediately without having to source and stock products. This can save you both time and money in the initial stages of running the business.
Additionally, an existing business typically has established trade credit relationships with suppliers, which can be crucial in managing cash flow and ensuring smooth operations. This means you can benefit from the credit terms and payment arrangements that the previous owner has negotiated, potentially allowing you to access better discounts and payment terms than a new startup.
In contrast, a startup may face challenges in securing inventory and establishing trade credit. Startups usually have to build their reputation with suppliers, negotiate credit terms, and invest in initial inventory, which can be time-consuming and financially demanding. Therefore, buying an existing business can offer significant advantages in these areas compared to starting a business from scratch. Hence, the correct answer is Option C.
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reluctant lenders, low expectations related to sales and profit, and the liquidity trap are all constraints on monetary
Answers
Reluctant lenders, low expectations related to sales and profit, and the liquidity trap are all constraints on monetary stimulus. The correct option is A.
Monetary stimulus refers to actions taken by central banks to boost economic growth, such as lowering interest rates or implementing quantitative easing. However, these measures can be limited in their effectiveness due to the factors you mentioned.
Reluctant lenders may not provide loans even when interest rates are low, while low expectations related to sales and profit can discourage businesses from investing. The liquidity trap occurs when interest rates are so low that they become ineffective in stimulating the economy, as people and businesses prefer to hold onto cash rather than invest or spend.
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Complete question:
Reluctant lenders, low expectations related to sales and profit, and the liquidity trap are all constraints on monetary ____ a. stimulus b. restraint
antonio owns property on which a gasoline station once stood. josh agrees to buy the land so that he can build an office on it. they include language in the contract making the purchase contingent on a determination that there are no environmental problems with the property. the contingency represents a(n): a. condition subsequent. b. implied condition.
Answers
The contingency mentioned in the contract, which makes the purchase contingent on a determination that there are no environmental problems with the property, represents a "condition subsequent" in this context.
A condition subsequent is a condition that, if it occurs or fails to occur, will terminate the existing contractual obligation. In this case, if it is determined that there are environmental problems with the property, Josh's obligation to purchase the land would be terminated.
An implied condition, on the other hand, is a condition that is not explicitly stated in the contract but is understood to be a necessary requirement for the performance of the contract. It is not applicable in this scenario, as the condition regarding environmental problems is expressly included in the contract as a contingency.
Therefore, the correct answer is: a. condition subsequent.
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HEY PLEASE SOMEONE HELP I NEED TO SUBMIT THIS WORK IN 30 MINUTES PLEASEEE!!!
Which method of distribution is suitable for sale of Coke in your school? Justify your answer.
Answers
The Coca-Cola Company sells its products to bottling and canning operations, distributers, fountain wholesalers and some fountain retailers. They then distribute them to retail outlets, corner stores, restaurants, petrol stations and many more.
When I had this question I found the link witch is on the document very helpful.
I hope this helps.
can
someone help with this related to dentistry?
what methods that can be used for filing patient
information?
what is the role of an inventory manager?
what is the purpose for managing accounts re
Answers
Methods that can be used for filing patient information in dentistry include electronic health records (EHRs), paper-based files, and dental practice management software. Each method has its advantages and considerations regarding confidentiality, accessibility, and ease of use.
The role of an inventory manager in dentistry is to oversee the procurement, storage, and distribution of dental supplies, equipment, and materials. They are responsible for maintaining optimal inventory levels, tracking usage, managing vendor relationships, and ensuring cost-effective inventory management practices. The purpose of managing accounts receivable in dentistry is to ensure timely and accurate billing and collection of payments from patients and insurance providers. This involves verifying insurance coverage, submitting claims, following up on outstanding payments, and implementing strategies to minimize accounts receivable aging and improve cash flow for the dental practice.
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The driving force of some governments is to bring the benefits of competition to formerly monopolized markets. Explain the benefits that might occur in a more competitive market compared with a monopolized market.
Answers
Competition lowers prices, improves quality, and boosts innovation by incentivizing businesses to attract customers, differentiate themselves, and invest in research and development.
Lower Prices: Increased competition often leads to lower prices as businesses strive to attract customers by offering better deals and value. Improved Quality Competition drives businesses to improve the quality of their products or services to differentiate themselves from their competitors. In a monopolized market, the lack of competition can lead to complacency and a decreased incentive to innovate or enhance product quality.3. Increased Innovation: Competition fosters innovation as firms seek to gain a competitive edge. In a monopolized market, the dominant company may have less motivation to invest in research and development, stifling technological advancements and limiting consumer choice.
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Assume you work for a US company that buys solar panels from a foreign manufacturer and install them. You identify a potential opportunity in Germany since the government requires the installation of solar panels in all new buildings.
How would you handle your Publicity and Customer Service for selling the panels?
Answers
If I work for a US-based company that purchases solar panels from a foreign manufacturer and installs them, I would have the opportunity to sell those panels to Germany. The German government mandates that solar panels be installed in all new buildings, which represents a significant opportunity for my organization.
There are several considerations to keep in mind when handling publicity and customer service for selling these panels to Germany. Publicity In order to build awareness and generate leads in Germany, I would take the following actions: Create a social media presence - I would establish a presence on German social media networks to target potential buyers in the country. I would create a series of informative and educational posts that cover the advantages of solar panels, how they work, and how they can help reduce energy costs in the long run. Run a targeted ad campaign - Using targeted digital advertising, I would target German audiences who have shown interest in solar panels or green energy. Through paid social media advertising, I would increase the visibility of my organization's products and services.
Establish a local presence - I would establish a local presence in Germany by opening a local office or partnering with a local distributor. This would help to build trust with customers and provide them with a local point of contact if they have any issues or concerns.
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In plating, the meat is placed between ___ o’clock position.
Answers
Answer:
between 3-9
Explanation:
All taxpayers can make tax payments using a direct debit from their bank account.
True
False
Answers
Answer:
false
Explanation:
2. Suppose that there are five different lemonade stands in the same neighborhood. Explain
how the lemonade stands meet most of the conditions of perfect competition
Answers
Answer:
Eventually prices will equalize at all five lemonade stands.
Explanation:
Perfect competition is accomplished when, in an appropriate business, all firms have identical price arrangements and there is an adequately substantial amount of these same firms so that the production arrangement of any one firm has no obvious influence on the cost at which it commodity is marketed.
The lemonade made are similar in taste, thus they are identical products. Thus, if a lemonade seller increases the price of their good, buyers can patronise another lemonade seller. As a result, the price of lemonades would be the same among the five sellers.
Also, there is little or no barriers to entry for lemonade sellers.
A perfect competition is a market were there are numerous buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
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Identity theft and financial fraud
have declined in recent years.
TRUE,
FALSE
Answers
Answer:
false
Explanation:
I hate the us school system and how the pull out bs subjective questions like this, what year is it, what country, time period, stuff like that helps and big schools dont give us it
Answer:
false
Explanation:
hope it helps thank you
Which factors can affect a stock's price? Check all that apply.
RE
market performance
the company's financial health
the quantity products produced
location of the company
the economy
Answers
Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.
Answers
A family can have more than one person contributing to the household income for a better financial position.
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. Heayon has recently retired after years of hard work and smart planning. She has retirement accounts from four different sources: the government, a former employer who matched her retirement contributions, a former employer who guaranteed her a certain amount of money at her retirement, and a retirement account she set up herself. Write a three- to four-sentence paragraph identifying each of these account types and how they benefit Heayon.
Answers
Heayon will have various accounts operating in the procedure which are the retirement account, capital account , creditor's account and his personal account.
The retirement account is a personal account in the books of accounts, whereas the capital account and creditors account is the business account operated by them. The personal account is where all the amount is credited to the persons account which could be a salary or normal savings account.
The benefits recieved by heayon is it will recieve all the money of the service given and the emoluments and perks at the time of retirement.
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Which of the following are not traits of entrepreneurs?
I
energy
dishonesty
dedication
dependence
Answers
Answer: dishonesty and dependence.
Explanation:
Dishonesty are not traits of entrepreneurs. Entrepreneurs often have a knack for thinking outside the box, generating new ideas, and finding innovative solutions to problems. The answer is OPTION B.
Risk-taking: Entrepreneurs are willing to take calculated risks and step out of their comfort zones to pursue their business ideas.
Passion: Successful entrepreneurs are deeply passionate about their ventures, which fuels their motivation and perseverance.
Vision: Entrepreneurs have a clear vision of their goals and a strong sense of where they want to take their businesses in the long term.
Adaptability: They can quickly adapt to changing circumstances, markets, and trends, allowing them to stay relevant and competitive.
Persistence: Entrepreneurs demonstrate resilience in the face of challenges, setbacks, and failures, and they are committed to overcoming obstacles.
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A company makes $200,000 in a year and has $150,000 in production costs, leaving them with $50,000. The $200,000 represents
Answers
Answer: The $200,000 represents the revenue a company makes in a year.
Answer:
revenue
Explanation:
Assume that if there were no crowding out, an increase in government spending would increase gdp by $100 billion. if there had been partial crowding out, however, then gdp would have?
Answers
if there were no crowding out, an increase in government spending would increase GDP by $100 billion. if there had been partial crowding out, however, then GDP would have increased by less than $100 billion.
When there is crowding out, most of the money is spent on paying the interest, and finally, less investment can be made in the production. This reduces the improvement in the GDP. Thus, GDP growth will be less than $100.
For example, the government is investing $10 billion and without crowding out, the entire amount is invested. So, a $100 billion GDP increase can be achieved,
In case of crowding out, $0.5 billion is paid on interest and only $9.5 billion can be invested and the GDP increase would be $95 which is lesser than $100 billion.
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What does good customer service include?
Answers
Answer:
Before entering an interview for a customer service job, get a handle on what good customer service means to you. Good customer service typically means providing timely, attentive, upbeat service to a customer, and making sure their needs are met in a manner that reflects positively on the company or business. Explanation: it is
Answer:
Great customer service means following best practices like valuing customers' time, having a pleasant attitude, and providing knowledgeable and resourceful resources, but that you also take things a step further to exceed — rather than just meet — expectations.
Explanation:my mom works for customerservice
An agreement between countries to encourage free trade and promote thegroup's collective economic interests is an__
O A. comparative advantage
OB. trade bloc
O C. absolute advantage
D. trade barrier
Answers
Answer:
OB. trade bloc.
Explanation:
A trade bloc is when a group of countries come together and form or create an agreement that reduced or even eliminates any restrictions on trade between themselves. This type of intergovernmental agreement allows the participating countries to have cordial economic relationships with each other.
Through this type of agreement, the regional barriers to international trade are open or given fewer restrictions to allow or encourage free trade between themselves. Moreover, it also allows them to trade among themselves and prevent the non-members from participating in any economic trade with the member nations.
Thus, the correct answer is option B.