Option C Is the best that is no economist will agree that without government intervention recession gap will remove.
What is the role of government to decrease recession gap?To understand the role of government in this recession time first we have to understand what really recession mean it means that general public do not have sufficient amount of purchasing power to buy there day to day things. Now let's understand how government can improve the country.
1. Firstly government should support low economic classes people because they will be Bad situation by giving Subsidy to them in day to day Commodities.
2. To pump more money so that purchasing power can increase government can directly print money or government can invest in constructing roads ,infrastructure ,manufacturing buildings etc.
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(PLEASE HELP) Why might someone choose to own a business rather than simply working as an employee at one? Compare and contrast the advantages and disadvantages that come with owning a business and discuss. Explore why you personally would or would not like to own a business one day.
Answer: Being a business owner can be extremely rewarding. Having the ... More importantly, you have the freedom to make the decisions that are crucial to your own business success.
Explanation:
:)
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
outline 2 advantages to H&H of using secondary market research
The resources in the input market come from
A. government regulation of the economy
B. business firms lobbying to lower corporate tax rates
C. the remaining, unused portions of consumer goods
D. land, labor, and capital of households
E. the discovery of profitable, non-rival goods
Answer:
D
Explanation:
For the input market, the resources come from land, labor, and capital of households. Hence, Option D is correct.
What is the input market?There are two types of market, one is input and the second is output. The input market is known as the factor market and the output market is known as the product market. It is the input market, which is used in the production of the products and goods.
The output market is the place where goods and services are exchanged. In the factor market or the input market, all the resources like labor, capital, and land are used by the businesses to purchase, rent, or hire what they need in order to produce goods or services.
With the increase in the input prices, the supply curve from the right shifts to the left which is of the final good market and it results in the price of the final good increases.
Thus, Option D is correct.
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What is an example of a country with a mixed economy?
Countries like England, France, and India follow the mixed profitable system where the state and private players control the coffers of distribution.
For illustration, the United States is a mixed economy, as it leaves the power of the means of production in substantially private hands but incorporates rudiments similar to subventions for husbandry, regulation on manufacturing, and partial or full public power of some diligence like letter delivery and public defense.
Nations like Norway and Germany are balanced near the middle of this diapason. They are some of the stylish exemplifications of this style of frugality. Still, the United States and the People's Republic of China could be said to have mixed economy.
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1. Despite the expense, why might a business choose to mail a catalog?
Answer:
Catalogs can promote a business's brand by displaying them in high-traffic areas and distributing them in stores. Customers often have an idea of what they want to buy after looking through a catalog. But, they'll likely find other items they want to buy when they go online or to a brick-and-mortar store to order.
initially a prepayment for items such as rent or insurance are recorded as assets and later are recorded as a(n) in the period the benefit expires. (enter one word per blank.)
Prepayment for items such as rent or insurance is initially recorded as an asset on the balance sheet as it gives the company beneficial right of future payment or services.
As the period to receive the benefit expires, the asset is reversed and the cost of such benefit is recognized as an expense in the period when the service or asset is consumed or utilized.
For example, If a company prepays for rent for the next year, initially it will be recorded as an asset on the balance sheet. As the year passes and the benefit of the rent is utilized by the company, the asset will be reversed and the rent for the year will be recorded as an expense in the accounts. The same holds true for insurance prepayments or any other items prepaid by a business prior to receiving the benefit.
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Under the cost method, when treasury stock is sold for more than its cost, the excess is credited to: Retained Earnings. Paid-in Capital in Excess of Par. Gain on Sale of Treasury Stock. Paid-in Capital from Treasury Stock.
When using the cost method, if treasury stock is sold for more than it cost, the excess is credited to Paid-in Capital from Treasury Stock.
How is treasury stock treated when it is sold for more than cost?When stock is sold for more than it is worth, the cost method dictates that it is used to increase the paid in capital account.
A special pain in capital account will be created just for this which is the Paid-in Capital from Treasury Stock account. When treasury stock is sold for less than it was bought, this account will be debited.
In conclusion, option D is correct.
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True or False: An externality is when the activities of one group or individual impose costs on others for which there is no compensation.
Answer:False
Explanation:
An externality is a cost or benefit caused by a producer that is not financially incurred or received by that producer. An externality can be both positive or negative and can stem from either the production or consumption of a good or service.
After getting a raise at work, Jennie now regularly buys steak instead of hamburger. Based on this behavior, we can assume: Multiple Choice steak is a normal good, and hamburger is an inferior good for Jennie. steak is an inferior good, and hamburger is a normal good for Jennie. steak and hamburger are complementary goods for Jennie. steak and hamburger are normal goods for Jennie.
Answer:
Steak is a normal good, and hamburger is an inferior good for Jennie
Explanation:
Based on this behavior, we can assume steak is a normal good, and hamburger is an inferior good for Jennie. That is because a normal good is any good who's demand increases when there is a rise in the consumers' income, while an inferior good sees decreased demand due to a rise in income. Therefore, since Jenna buys more (increased demand) steak and less (decreased demand) hamburger due to her increased income this means that steak is a normal good, and hamburger is an inferior good for Jennie
Supporters of free trade argue that it creates which economic benefit?
O A. Helping the environment by reducing emissions from shipping
B. Helping consumers by lowering the cost of goods and services
C. Protecting workers by enforcing international labor regulations
D. Promoting independence by reducing reliance on foreign goods
Answer:
B. Helping consumers by lowering the cost of goods and services
Explanation:
In a free-market economy, the private sector owns the factors of production. Entrepreneurs have the freedom to choose the type of business they want to run. Production is not limited to specific firms. Businesses are motivated by profits.
Many buyers and sellers characterize free-market economies. There is increased competition among sellers. The competition makes suppliers innovate to improve the quality of the goods and services they offer to customers. Due to competition, customers get quality products and competitive prices.
Answer:
B. Helping consumers by lowering the cost of goods and services
Explanation:
just got it right!
Which statement best describes the lesson we can learn from Lupe's experience?
It’s too much work to open a checking account.
It’s only important to track large amounts in personal records.
It’s important to keep accurate records.
It’s best to use only one document to track spending.
Answer: it’s important to keep accurate records
Explanation:
Just did it
Considering the story of Lupe, the best statement that describes the lesson we can learn from Lupe's experience is "It’s important to keep accurate records."
The story of Lupe revealed that when people from authority tend to assess and crosscheck the accounting records when performing the auditing process.
This process is to check the actual proof of the transaction and look for any inaccuracies.
Any inaccuracies found could be used as a basis to indict people for financial fraud, regardless it is an honest mistake or not.
Hence, in this case, it is concluded that the correct answer is option C. "It’s important to keep accurate records.
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How has Tesco’s performed against each of the measures of success?
Answer:
For a long time, we measured our performance using the Steering Wheel. ... We now have just six simple, key business performance measures. It's about alignment and focus: if we give our colleagues more power to choose the right actions, we'll do a better job for customers and achieve greater success for our business.
Answer:
Tesco has been particularly successful because of its powerful brand. It has a reputation for value, low prices and for being customer focused. Its brand equity and associations have helped the company to expand into new sectors and markets. Tesco has also been strong in public relations, advertising and building profile in catchment areas on a local level. This local approach to marketing appears to be a key driver for success.
Costs of partially completed units are accounted for in ______.
The costs of partially completed units are accounted for in work in process.
What is work in process?In accounting, a work in process refers to a partially completed goods that are typically turned from raw materials to finished products within a short period of time
In conclusion, the costs of partially completed units are accounted for in work in process.
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An electrician charges a flat service fee to accept a job and an additional hourly rate to complete the job. the amount an electrician charges per job can be represented by the function e(x) = 125 24x, where x represents the number of hours she works on the job and 125 represents her flat service fee. what is the interpretation of the slope in the context of the problem? if the electrician works for 24 hours, her pay will be $125. if the electrician works for 0 hours, her pay will be $24. for every hour the electrician works, her pay will increase $125. for every hour the electrician works, her pay will increase $24.
The interpretation of the slope in the context of the problem is: d. for every hour the electrician works, her pay will increase $24.
SlopeThe given function is e(x) = 125 +24x
where:
x represents the number of hours she works on the job
125 represents her flat service fee
Hence:
Slope formula is:
y =mx + c
where,
x =x-axis coordinate
y= y-axis coordinate
m=slope of the line
c =y-intercept
Since x represents the number of hours she works on the job. The interpretation of the slope in the context of the problem is that for every hour the electrician works, her pay will increase $24.
Therefore the correct option is D.
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Consider a perfectly competitive firm that produces computers. Each additional worker at this firm can produce four computers.
A hypothetical perfectly competitive firm is referred to as perfect competition. There are no monopolies under a scenario of perfect competition.
What are the characteristics of perfectly competitive firm?A few essential traits of this type of structure include:
All businesses sell the same thing (the product is a commodity or homogeneous and perfectly competitive firm).Every company is a price taker (they cannot influence the market price of their products).Price changes are unaffected by market share.Buyers have complete or perfect knowledge of the product being offered and the prices each company is asking (in the past, present, and future).Labor and capital resources are completely mobile.Companies are not charged to enter or leave the market.To know more about perfectly competitive firm with the given link
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What is precision automation in engineering the evolution of the precision customer?.
ENGINEERED SYSTEMS We manufacture custom solutions to solve the problems of our customers, from the concept stage all the way through mechanical and electrical design, fabrication, assembly, testing, and installation.
A Proven Leader in Custom SolutionsProviding complete system design and build services as well as a comprehensive selection of machinery, subassemblies, and components. Precision Automation® designs and manufactures integrated and custom machinery for production, assembly, packaging, and a lot more, starting with an analysis of industrial engineering!
Our different group of mechanical and electrical designers, project supervisors, and professionals utilize a verified methodology that diminishes expenses and brings down risk for our clients.
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a complete coverage of the business climate includes an analysis of the political climate, economic climate, and technological environment.
true or false
A complete coverage of the business climate typically includes an analysis of the political climate, economic climate, and technological environment. The statement is true.
Analyzing the business climate involves assessing various factors that can impact the operations and performance of businesses. This includes understanding the political landscape and government policies that can affect regulations, taxes, trade agreements, and stability.
The economic climate analysis involves examining macroeconomic indicators such as GDP growth, inflation rates, interest rates, and employment levels, which influence consumer spending, investment, and market conditions.
Additionally, assessing the technological environment helps identify emerging technologies, digital trends, and innovation opportunities that can shape industry dynamics and competitive advantages.
Considering these three aspects provides a comprehensive understanding of the business climate and enables businesses to make informed decisions and adapt to the changing landscape effectively.
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suppose that a firm uses only two inputs in its production process. the ratio of the marginal products of these inputs always exceeds the ratio of the prices of the inputs. what can you say about the cost-minimizing point of the firm?
If cost-minimizing point exists for the firm's marginal product, it must be at the corner.
What is marginal product?The marginal product or marginal physical productivity of an input (factor of production) in economics, and especially in neoclassical economics, is the change in output that results from using one more unit of a specific input (for example, the change in output whenever a firm's labor is increased from five to six units), assuming that the quantities of many other inputs are kept constant. According to the "law" of decreasing marginal returns, the marginal output initially rises as more of one input, like labor, is used while maintaining the same level of the other input, like capital. Labor is the variable input in this case while capital is the fixed input (in a hypothetical two-inputs model). The marginal product decreases as labor, a variable input, is used more frequently.
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Why is a city planner an important career
Answer:
Being a city planner is a very important career since there work affects the city that they are working on. City planners create programs, plan out ways to develop land, plans to place buildings and features. Put in facilities, etc.
In your city, most of the buildings and places where are there neighborhoods. Are most likely the work of a team of city planners. It says it in its name. A city planner is a planner who uses there skills to plan out a city or plan out things in the city. The placements of certain museums or buildings are the result of a city planner.
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The modern enterprises reported all assets in the accounts at current market value. This action is a violation of:
This action is a violation of Cost Principle or Historical Cost Concept.
What is Historical Cost Concept?The historical cost principle states that a company or business must account for and record all assets at the original cost or purchase price on their balance sheet and not at its market price.
The historical cost principle forms the foundation for an ongoing trade-off between usefulness and reliability of an asset.
Thus, if the modern enterprises reported all assets in the accounts at current market value. This action is a violation of Cost Principle or Historical Cost Concept.
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Need help with this one.
Anton's gross monthly pay is $1,058.00. If his employer withholds 11% for the monthly federal income tax, how much will be deducted from his paycheck?
Group of answer choices
$941.62
$11.00
$116.38
$11.64
Anton's gross monthly pay is $1,058.00. If his employer withholds 11% for the monthly federal income tax, $116.38 will be deducted from his paycheck.
Define tax?A tax is a mandatory payment or charge levied on individuals or businesses by local, state, and national governments to cover the costs of general government services, goods, and activities.It is derived from the Latin taxare, which means 'to assess'. Previously, English used the related word 'task,' which was derived from Old French.For a time, the terms 'task' and 'tax' were interchangeable, with the first requiring labor and the latter requiring money.The term 'tax' then came to mean something tedious or difficult.Governments levy fees on citizens and businesses to generate revenue, which is then used to meet budgetary demands.This includes financing government and public projects as well as improving the country's business environment to promote economic growth.To learn more about tax refer to:
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posing as platinum bank, quentin e-mails rachel, asking her to update her personal banking information through a link in the e-mail. she clicks on the link and types in the data, which quentin promptly sells to spence. this is:
The action which Quentin performed by acting as an impostor in other to illegally obtain information is called identity theft.
Fraudulent action performed by using using a false identity to obtain sensitive information from persons or clients is usually referred to as identity theft.
It is usually performed by designing a clone identity which is similar to that of the actual service provider or organization, this allows them to deceive clients and interact with them thinking they are relating with their service provider.
This then allows clients feel free to send sensitive information requested from them.
Therefore, Quentin falsely acted as being platinum bank, which allows him to obtain sensitive details from the customer who thinks he's in talk with platinum is an act of identity theft by Quentin.
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Which is a good rule to follow when sending business emails? (1 point)
Answer:
Avoid forwarding spam and unnecessary messages such as chain letters.
Explanation: did the test
The good rule that must follow at the time of sending business emails is to avoid forwarding spam and unwanted texts like chain letters.
What is email?An email, is also called as the electronic mail. It is one of the most extensively employed features of the Internet, that is mostly used in the formal business organizations.
It allows a person to transport and acquire messages from nay person in the globe that has an email account. Within the TCP/IP suite, email uses a variety of protocols.
When sending business emails, a good tip to follow is to avoid forwarding spam and undesirable texts like chain letters.
Therefore, the use of formal languages and proper formats made the emails more accurate.
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Initially, Airlift is the only high-lift tower crane service in the state and provides tower cranes to construct high-rise buildings. Suppose Airlift faces a linear market demand curve: Q=307.5-0.1P where P is price per hour for its service in dollars and is the number of service hours per month. Airlift has the following variable costs (for purposes of this problem, you may assume that there are no fixed costs associated with this service): TVC, =12522 a. Given that Airlift is the only supplier in this market, determine the price Airlift will charge, per hour, the number of hours of service per month, and the profits earned assuming Airlift's objective is profit maximization. Now suppose the situation changes and Hangemhigh decides to enter the market for this service. Being new to the market, Hangembigh's costs are different from Airlift's. Again, assuming no fixed costs, Hangembigh's costs for the service are given by: TVC=175Q. b. If these two firms behave as profit maximizing Cournot duopolists choosing output levels, determine each firm's output reaction function. C. How many hours of service will each firm sell? d. What will be the total number of hours of service and what will be the hourly market price for the service? e. Compare the market outcomes under monopoly conditions to those with two competitors. Specifically, how does price and output (hours of service sold) compare after the entry by Hangemhigh.
The number of service hours per month that Airlift will provide is Q = 1537.5; Hangemhigh will provide 1170.375 hours of service, and Airlift will provide 1537.5 hours of service; Price has decreased drastically from $154.75 per hour to $3.51 per hour.
a) Price charged by Airlift (P)= $307.5 - 0.1*Q, where Q is the quantity of services in terms of service hours per month. TVC = $12522
Given that the firm is aiming for profit maximization, we know that the formula for profit is: π = TR - TC
Here, we can calculate TR as P * Q, and TC as TVC * Q. So: π = (307.5 - 0.1Q)*Q - 12522Q= 307.5Q - 0.1Q² - 12522To maximize profit, we can take the derivative of the profit equation with respect to Q, equate it to zero, and solve for
Q:π = 307.5Q - 0.1Q² - 12522dπ/dQ = 307.5 - 0.2Q = 0Q = 1537.5
Substituting Q in the demand equation, we have: P = $307.5 - 0.1*1537.5= $154.75
Thus, Airlift will charge a price of $154.75 per hour for its service, and will sell 1537.5 hours of service per month. The profits earned can be calculated as: π = (307.5 - 0.1*1537.5)*1537.5 - 12522= $106,174.22.
b) Since the two firms are behaving as profit-maximizing Cournot duopolists, they will set their output levels such that each firm will maximize profits, assuming the other firm's output level remains fixed.
Let the quantity of services provided by Hangemhigh be denoted as QH. Then, the profits earned by Airlift are given by:
πA = (307.5 - 0.1*(QA + QH))*(QA) - 12522
Similarly, the profits earned by Hangemhigh are:
πH = (307.5 - 0.1*(QA + QH))*(QH) - (175*QH)
Taking the derivative of πA with respect to QA and equating it to zero, we can solve for QA as:
QA = (3075 - 0.2QH)/2
Since the firms are symmetric, Hangemhigh's reaction function will be the same as Airlift's. So we can find the expression for Hangemhigh's output by substituting the expression for QA into either of the profit equations.
Substituting into πA, we have:
πH = (307.5 - 0.1*(1537.5 + QH))*(QH) - (175*QH)
Taking the derivative of πH with respect to QH and equating it to zero, we can solve for QH as:
QH = (3075 - 0.2QA)/2c)
Substituting the expression for QA into the formula for QH, we have:
QH = (3075 - 0.2*((3075 - 0.2QH)/2))/2
Simplifying the above equation, we get:
QH = 1170.375
d) The total number of hours of service will be:
Qtotal = QA + QH= 1537.5 + 1170.375= 2707.875
The market price for the service will be given by the demand equation: Q = 307.5 - 0.1P2707.875 = 307.5 - 0.1P3.5072 = P
Thus, the hourly market price for the service will be $3.51.e) When there was a monopoly, Airlift provided 1537.5 hours of service at a price of $154.75 per hour, resulting in profits of $106,174.22. After the entry of Hangemhigh, the two firms are now selling a combined total of 2707.875 hours of service at a price of $3.51 per hour.
This shows that there has been a significant increase in the total number of hours of service sold.
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You, the manager of an electronics store, have asked the salespeople in the camera department and the computer department to come up with regular, weekly ideas about how to increase sales. However, you have asked the people in the camera department to think of ideas independently, whereas you have asked the people in the computer department to get together every week and brainstorm. You should expect, after several weeks of this, that ____.
Answer:
A. the camera group will come up with more ideas, but the computer group will have a stronger group bond.
Explanation:
As a manager you have asked to the sales people that come with ides with respect how to increase the sales on weekly basis and at the same time you ask with the camera department to think independently while for computer department there should be get together so after several weeks we expected that the camera group should come with more ideas while on the other hand, the computer group created the strong bond in a group
You should expect, after several weeks of this, that the camera group will come up with more ideas, but the computer group will have a stronger group bond.
In many firms, the sales manger's ability to produce results through his salespeople determines the effectiveness of the marketing campaign. The difference between a good sales manager and one who is not can make a big difference in sales, earnings, and whether or not a marketing program pays off.
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5. The price of a laptop computer dropped from $1,800 to $1,200. What was the percent of
decrease?
a. 30%
b. 1/3
c. 33.33%
d. 333
Answer:
c. 33.33%
Explanation:
The original price was $1,800
The price dropped to $1,200
the drop in price was $1,800 - $1200 = $600
The percentage drop will be $600/$1800 x 100
=0.33333 x 100
=33.33%
What’s the most expensive house Carlin could buy?
adaptation requires regular inspection. in what ways does the product owner contribute to the results achieved by inspection ?
At the Sprint Review, the Product Owner presents the Product Backlog's current status. This, along with the Increment's inspection, results in an updated Product Backlog.
What is the purpose of inspect and adapt that happens after every sprint?The present condition of the Solution is demonstrated and assessed by the train during the Inspect and Adapt (I&A), a critical event that takes place at the conclusion of each Program Increment (PI). In a systematic problem-solving workshop, teams then reflect and identify improvement backlog items.
An orderly list of everything that is known to be required for the product is the product backlog. It is the exclusive source of specifications for any modifications to the product.
Thus, At the Sprint Review, the Product Owner presents the Product Backlog's current status.
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the european central bank issues and controls the euro, suppose euro user greece pursue all available options
The European Central Bank (ECB) is responsible for issuing and controlling the Euro, the common currency used by the Eurozone countries, including Greece. When Greece pursues all available options for managing its economy within the Eurozone, several factors must be considered.
First, Greece can implement fiscal policies to manage its budget and public spending. This involves adjusting tax rates, controlling government expenditures, and managing public debt. These measures can help stabilize the economy and promote growth.
Second, Greece must adhere to the ECB's monetary policy, which sets interest rates and controls the money supply across the Eurozone. This policy aims to maintain price stability and prevent inflation or deflation.
Third, Greece can take advantage of the Eurozone's financial support mechanisms, such as the European Stability Mechanism (ESM), which provides financial assistance to member countries facing economic difficulties. This can help Greece manage its debt crisis and implement necessary reforms.
Lastly, Greece can promote structural reforms to enhance competitiveness and productivity in the economy. This includes labor market reforms, improving the business environment, and investing in education and infrastructure.
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