Carl's rights may include enforcing the payment provision in the written agreement and seeking the $25,000 bonus agreed upon orally, while his remedies may involve pursuing legal action to claim the owed amount.
What are Carl's rights and remedies against Ben in the given scenario?In this scenario, Carl, the contractor, has fulfilled his obligation by completing the construction prior to Thanksgiving, as agreed upon in the written agreement. However, Ben, the property owner, has refused to pay Carl the agreed amount of $200,000. Carl's rights and remedies against Ben depend on the specific terms and provisions of the written agreement, as well as any additional oral agreements or assurances made between them.
If the written agreement explicitly states that Ben must pay $200,000 upon completion of construction, Carl may have a legal right to enforce this provision and seek the full payment through legal action. Additionally, the oral agreement between Ben and Carl, where Ben offered a $25,000 bonus for completion before Thanksgiving and Carl accepted, could be considered a valid contract modification.
However, the fact that Carl used solar panels from a competitor due to Sun's temporary unavailability may create a potential dispute. It is important to consider whether the written agreement specified the use of Sun's solar panels exclusively or allowed for the use of alternative products of equal grade. If the agreement did not restrict the choice of solar panels, Carl's decision to use a competitor's panels may not affect his right to payment.
In summary, Carl's rights and remedies against Ben may include enforcing the payment provision in the written agreement and potentially seeking the $25,000 bonus agreed upon orally.
However, the specific terms and any additional agreements between the parties will be crucial in determining the extent of Carl's rights and remedies. Legal advice should be sought to evaluate the situation thoroughly.
Learn more about Carl's rights
brainly.com/question/788091
#SPJ11
How does American style differ from Japanese style? Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. Japanese style is identified as casual, athletic, and clean-cut while American style is noted for having complicated cutting and structure.
Answer:
American style is identified as casual, and ethic and clean cut while japanese style is considered poorly and has been noted for having complicated cutting and structure
Explantion:
got it right on Edge 2022
What are the equilibrium price (p) and equilibrium quantity (q) of silver pendants?
The equilibrium price (p) and equilibrium quantity (q) of silver pendants are determined by the interaction of supply and demand in the market.
In a competitive market, the equilibrium price and quantity of silver pendants are determined by the forces of supply and demand. The demand for silver pendants represents the quantity that consumers are willing and able to purchase at various prices. The supply of silver pendants represents the quantity that producers are willing and able to offer for sale at different prices. At the equilibrium price, the quantity demanded by consumers matches the quantity supplied by producers, resulting in a state of market equilibrium.
If the price of silver pendants is below the equilibrium price, there will be excess demand, leading to upward pressure on prices. Conversely, if the price is above the equilibrium price, there will be excess supply, leading to downward pressure on prices. The equilibrium price and quantity are determined by the intersection of the demand and supply curves. At this point, the quantity supplied equals the quantity demanded, ensuring a balance in the market.
Learn more about equilibrium from here
https://brainly.com/question/30694482
#SPJ11
Delish Inc., a food manufacturer, introduced an instant soup specially designed for and advertised in the colder regions of Asia and Europe. This is an example of
The design and advertisement of instant soup is an example of geographic segmentation.
What is segmentation?
Segmentation is the division of people into certain groups based on shared characteristics. The purpose of segmentation is to provide goods and services that is well suited for a certain group of people.
Geographic segmentation is a type of segmentation in which population is divided based on their geographic location. For example, a good is produced and marketed for people in a certain region or country.
To learn more about segmentation, please check: https://brainly.com/question/15025187
Match the terms to their definition.
1. financial
2. literacy
3. warranty
anything that has to do with money
and investments
a written guarantee given to the
purchaser, usually specifying that the
manufacturer will make any repairs or
replace defective parts free of charge for
a certain period of time
an individual's knowledge of a
certain area or field
Answer: 1 - a
2 - c
3 - b
Explanation:
1. Financial - anything that has to do with money
and investments
2. Literacy - an individual's knowledge of a
certain area or field
3. Warranty - a written guarantee given to the
purchaser, usually specifying that the
manufacturer will make any repairs or
replace defective parts free of charge for
a certain period of time
Terrance lives in an area that is expensive, but he does not want to move. When looking at a career, what should Terrance consider? He should choose a career cluster that will allow him to support himself. He should pick a career that speaks to his heart and worry about the finances later. He should ask his family to help support him. He should not worry because he can dictate how much money he will earn.
Answer:
He should choose a career cluster that will allow him to support himself.
Explanation:
EZ Sports Ltd. plans to manufacture cross-country skiing equipment. Its cash flows are highly dependent on the winter weather. EZ operates under ideal conditions of uncertainty. On August 1, 2019, the beginning of its first year in business, EZ acquires equipment to be used in its operations. The equipment will last two years, at which time its salvage value will be zero. The company finances the equipment by means of a $600 bank loan at 3 percent interest, with the balance financed by issuing common shares. EZ’s annual net cash flows will be $900 if the weather is snowy and $300 if it is not snowy. Assume that cash flows are received at year-end. In each year, the objective probability that the weather is snowy is 0.75 and 0.25 that it is not snowy. The interest rate in the economy is 3 percent in both years. EZ Sports Ltd. will pay a dividend of $50 at the end of each year of operation. Required a. In the 2019–2020 skiing season, the weather is snowy.
a. Prepare a current value-based balance sheet at July 31, 2020, the end of EZ Sports Ltd.’s first year of operations, and an income statement for the year.
b. What timing of revenue recognition is implicit in the income statement you have prepared in part a? When ideal conditions do not hold, is this timing of revenue recognition relevant? Is it reliable? Explain.
c. Assume that EZ Sports Ltd. paid the present value you calculated in part a for its equipment. Calculate EZ’s net income for the year ended July 31, 2020, on a historical cost basis, assuming that equipment is amortized on a straight line basis. Under the more realistic assumption that ideal conditions do not hold, which measure of net income—present value basis or historical cost basis—is most relevant? Which is most reliable? Why?
The present value basis is more reliable as it considers the time value of money and presents a more accurate picture of the financial position of the company. This is because the historical cost basis measures the actual cost incurred by the company and hence is more relevant.
a) In 2019–2020 skiing season, the weather is snowy. Current value-based balance sheet: Current value-based balance sheet DateAugust 1, 2019 Particulars Cash Equipment Common stock Bank LoanTotalAmount ($) 1505005006001,750Amount ($) 318.75312.55500.001,750.00
Note: Calculation of the current value of equipment has been done by using the following formula: PV of an Asset = FV of an Asset / (1 + r)nPV of Equipment = $1,000 / (1 + 3%)1 + $1,000 / (1 + 3%)2PV of Equipment = $965.03 + $931.97PV of Equipment = $1,897.00
Income Statement: For the Year Ended July 31, 2020ParticularsAmount ($)Sales Revenue (0.75 × $900)675.00Sales Revenue (0.25 × $300)75.00Dividend ($50 × 500 shares)25,000.00Interest Expense18.00Net Income24,632.00Note: Calculation of Interest Expense has been done by using the following formula:
Interest = Principal × Rate × TimeInterest = $600 × 3% × 1/12Interest = $18
b) The timing of revenue recognition that is implicit in the income statement is that the company recognizes the revenue at the end of the year when cash flows are received. When ideal conditions do not hold, this timing of revenue recognition is not reliable. This is because when ideal conditions do not hold, there is a possibility that EZ Sports Ltd. may not receive cash flows at the end of the year, and hence, the revenue should not be recognized at the end of the year.
c) Under the assumption that EZ Sports Ltd. paid the present value calculated in part a for its equipment, the net income for the year ended July 31, 2020, on a historical cost basis, assuming that equipment is amortized on a straight-line basis, is as follows:
Calculation of Depreciation:Depreciation = (Cost of Asset – Salvage Value) / Useful LifeDepreciation = ($1,000 – $0) / 2Depreciation = $500
Net Income: ParticularsAmount ($)Sales Revenue (0.75 × $900)675.00 Sales Revenue (0.25 × $300)75.00 Dividend ($50 × 500 shares)25,000.00Depreciation500.00 Interest Expense18.00Net Income25,232.00 Under the more realistic assumption that ideal conditions do not hold, the net income on a historical cost basis is most relevant.
To know more about present value visit:
https://brainly.com/question/31855420
#SPJ11
Research and Development (R&D) is a supporting activity.
A. True
B. False
A. True. Research and Development (R&D) is considered a supporting activity in an organization.
Research and Development (R&D) refers to the activities undertaken by organizations to create new knowledge, develop new products, processes, or services, or improve existing ones. R&D plays a crucial role in innovation and is often carried out by companies, government agencies, and academic institutions.
R&D activities involve the creation, improvement, or application of knowledge and technology to develop new products, processes, or services. While R&D is essential for innovation and growth, it is not a core operational activity like production or sales. R&D supports the core functions of a business by providing new ideas, technologies, and solutions that can enhance products, improve efficiency, or address market needs. Therefore, the statement is true.
Learn more about Research and Development here:
https://brainly.com/question/29782299
#SPJ11
A department mines the prior year’s data to determine if there are patterns related to absenteeism on a month-by-month basis. Which department (i.e. business function) benefits from this technology?
Answer:
The human resources / Payroll department
Explanation:
One of the function of human resources department is monitoring and evaluation of employee's performance. The rate of regularity of employees at work is highly relevant for this purpose and the prior years data on the absenteeism on a month - month basis could give an idea on whether they have been getting it right.
Another area is in the function of payroll. The attendance of employees at work is a major factor in arriving at the appropriate payroll. this function can also benefit from the prior years data to evaluate the accuracy of payroll activities.
You+will+require+$700+in+5+years.+if+you+earn+5%+interest+on+your+funds,+how+much+will+you+need+to+invest+today+in+order+to+reach+your+savings+goal?
$548.47 is need to invest today in order to reach your savings goal.
What is initial investment?The sum needed to launch a project or firm is known as the initial investment. It is often referred to as initial outlay or just initial. It is equal to capital expenditures, working capital needs, and after-tax revenues from assets sold or put to other uses.
The upfront costs or initial cash outlay associated with beginning a new project or buying an asset are represented by initial cash flow. Salvage profits from failed initiatives may be taken into account in some projects by subtracting those earnings from the starting cash flow total.
The worth of an anticipated income stream as of the valuation date is known as the present value, sometimes known as the present discounted value. The value of a sum of money today is known as its present value. For instance, if you are promised $110 in a year, the present value is what that $110 is currently worth.
To calculate the initial investment, we need to use the following formula:
\(PV= FV/(1+i)^n\)
PV= present value
FV= future value
n= number of years
i= interest rate
\(PV= 700/(1.05^5)\)
PV= $548.47
Hence, $548.47 is need to invest today in order to reach your savings goal.
To learn more about present value refer to:
https://brainly.com/question/12736329
#SPJ4
Sarah borrows $22,397 from the bank at 3.87 percent per year, compounded annually, to purchase new car. This loan is to be repaid in equal annual installments at the end of each year over the next 10 years. How much will each annual payment be?
The each annual payment will be $2,738.63. The given problem can be solved by using the formula for the present value of an annuity.
An annuity is a financial product that provides a fixed sum of money paid regularly over a specified period. Annuities are classified as fixed or variable, depending on their payment frequency and structure. The sum may be paid annually, semi-annually, quarterly, or monthly. They are a form of investment and are primarily used for retirement purposes. The formula for the present value of an annuity is given by:
PVA = A * [(1 - (1 + r)-n) / r]
Where:
PVA = Present value of an annuity
A = The amount of each payment
r = The interest rate per period
n = The number of periods
The given details are as follows:
P = $22,397r
= 3.87%
= 0.0387n
= 10 years
Using the formula for the present value of an annuity, we can find the amount of each payment:
A = (P * r) / [1 - (1 + r)-n]
Substituting the values of the given data we get,
A = (22397 × 0.0387) / [1 - (1 + 0.0387)-10]
= $2,738.63
To know more about the payment, visit:
https://brainly.com/question/30176899
#SPJ11
How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78
Answer:
The present value is $537.78
Explanation:
Given
\(Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%\)
Required
The Present Value(I)
To calculate the present value, we simply apply the formula for future value;
\(FV = I *(1 + R)^T\)
Substitute 20,000 for FV; 50 for T and 7.5% for R;
This gives
\(20,000 = I *(1 + 7.5\%)^{50}\)
Convert percent to decimal
\(20,000 = I *(1 + 0.075)^{50}\)
\(20,000 = I *(1.075)^{50}\)
\(20,000 = I *37.19\)
Divide both sides by 37.19
\(\frac{20,000}{37.19} = \frac{I *37.19}{37.19}\)
\(\frac{20,000}{37.19} = I\)
\(537.778 = I\)
\(I = 547.78\ (Approximated)\)
Hence, the present value is $537.78
Assume the market interest rate is 8% per year and inflation averages 4% per year. (a) Calculate the perpetual equivalent annual worth in future dollars for years 1 through co for an income of $50,000 now and $5000 per year thereafter. (b) If the amounts had been quoted in CV dollars, what is the annual worth in future dollars?
$46,296.30 plus $62,500 equals $108,796.30 in total present value for the income stream.
Determine the annual perpetual equivalent value in future dollars for years 1 through co for an initial income of $50,000 and a yearly income of $5,000.We must first determine the present value of the income stream in order to determine the perpetual equivalent annual worth in future dollars. The following formula can be used to determine the initial $50,000 income's present value:
PV is the present value, FV is the future value, r is the interest rate, and n is the number of years. PV = FV / (1 + r) n.
So, PV = $50,000 / (1 + 0.08) ^ 1 = $46,296.30
The following formula can be used to determine the present value of the annuity of $5,000 per year:
PV equals A / r, where r is the interest rate and A is the annual sum.
So, PV = $5,000 / 0.08 = $62,500
Therefore, $46,296.30 plus $62,500 equals $108,796.30 in total present value for the income stream.
We can use the following formula to determine the perpetual equivalent annual worth in future dollars:
Where AE is the annual equivalent, PV is the present value, r is the interest rate, and n is the number of years, AE = (PV * r) / (1 - (1 + r) -n.
We can set n to infinity assuming a continuous income stream. Thus,
AE = ($108,796.30 * 0.08) / (1 - (1 + 0.08) ^ -∞)
AE = $8,703.70
As a result, $8,703.70 represents the perpetual equivalent annual worth in future dollars for years 1 through infinity.
To Know more about Present Value Visit:
brainly.com/question/17322936
#SPJ1
which task is carried out by book keeping
Answer:
Explanation:
Invoices and unpaid bills are one of the most important responsibilities of the bookkeeper. A bookkeeper who fails to keep an account of the money flowing into and out of the business, for instance, makes it all too easy to spend money that isn't there.
when a bill comes before a branch of congress, it originates
When a bill comes before a branch of Congress, it originates in one of two ways: either in the House of Representatives or in the Senate.
In the United States Congress, the legislative process begins with the introduction of a bill. A bill can be introduced by a member of either the House of Representatives or the Senate. Members of Congress propose bills to address various issues, such as creating or amending laws, appropriating funds, or addressing policy matters.
If a bill is introduced in the House of Representatives, it is assigned a number and referred to the relevant committee for review and consideration. The committee holds hearings, debates, and may propose amendments to the bill. If the committee approves the bill, it is then sent to the full House for further debate and voting.
If a bill is introduced in the Senate, it undergoes a similar process. The bill is assigned a number, referred to the relevant committee, and undergoes committee review and consideration. If the committee approves the bill, it is then sent to the full Senate for debate and voting.
Ultimately, both the House of Representatives and the Senate must pass the bill in order for it to move forward in the legislative process. If the bill is passed by both chambers of Congress, it is then sent to the President for signature or veto.
Therefore, the origin of a bill in Congress can be either the House of Representatives or the Senate, depending on which chamber the bill is introduced in.
To learn more about Representatives click here:
brainly.com/question/11844916
#SPJ11
A U.S. corporation has purchased currency call options to hedge a 75,000 British pound payable. The premium is $.035, and the exercise price of the option is $1.35. If the spot rate at maturity is $1.45, what is the total amount paid by the corporation if it acts rationally? O $101,250 O $103,875 O $111,375 O $106,125 $98,625
The total amount paid by the corporation is $55,833.33.
Given the following details:
Call option premium: $0.035
Exercise price: $1.35
Amount payable: 75,000 British Pounds
Maturity spot rate: $1.45
The total amount paid by the corporation can be calculated as follows:
The strike price is the price at which the currency can be purchased, so the call option gives the corporation the right to purchase £75,000 at $1.35.
Call option amount = 75,000/1.35 = $55,555.56
Cost of the call option = call option amount × premium = $55,555.56 × $0.035 = $1,944.44
The corporation will only exercise the call option if it is profitable, which occurs when the spot price is greater than the strike price plus the premium. In this case, the spot rate at maturity is greater than $1.385.
Profitable = Spot price - Strike price - Premium = $1.45 - $1.385 - $0.035 = $0.03
Call option payout amount = Call option amount × Profitable amount = $55,555.56 × $0.03 = $1,666.67
Total amount paid by the corporation = Call option amount + Cost of the call option - Call option payout amount = $55,555.56 + $1,944.44 - $1,666.67 = $55,833.33
The correct option is: O $55,833.33.
To learn more about corporations, visit:
https://brainly.com/question/17372676
#SPJ11
Devonte is balancing his checking account. His account statement does not include a deposit of $107.00 that he made on November 1st. What is Devonte’s actual account balance?
Answer:
✓ $1,330.26
Explanation:
Answer:
$1,330.26
Explanation:
Project manager Anna is working with her team on risk management. Match the components of risk management with what each component involves.
includes risk identification
includes impacts of risks and
responses
Includes action for minimizing risks
Includes risk monitoring
includes analysis of consequences
includes prioritization of measures
These management of risk serves as assessment and controlling of threats to an organization's capital and earnings.
What is risk management?This management entails the identifiying, analyszing and responding to risk factors that form part of the life of a business.
The risk identification in risk management includes documenting and communicating of concern of threats.The impacts of risks & responses in risk management includes efforts to assess the consequences of an existing risk.The action for minimizing risks inculudes use of insurance to minimize loss occuring from a risk.The action of risk monitoring tracks and evaluates the levels of risk in an organisation.In conclusion, the risk management is an essential part for an a project management because a managed risks will significantly increase the likelihood of project success.
Read more about risk management
brainly.com/question/13760012
Answer:
includes risk identification- Risk Evaluation
includes impacts of risks and responses- Risk Control
Includes action for minimizing risks- Risk Control
Includes risk monitoring- Risk Evaluation
includes analysis of consequences- Risk Evaluation
includes prioritization of measures- Risk Control
Explanation:
select all that apply in which stages of the strategic marketing planning process do firms address conscious marketing? (choose every correct answer.) multiple select question. planning financial implementation control
The strategic marketing planning process includes four stages: planning, financial, implementation, and control.
During the planning stage, firms address conscious marketing by assessing their marketing goals and objectives. They also create a marketing strategy and set specific objectives.
During the financial stage, firms assess the financial viability of their marketing strategy and determine the budget for their marketing activities.
The implementation stage focuses on implementing the strategy, while the control stage focuses on evaluating the performance of the strategy.
To know more about marketing strategy click on below link:
https://brainly.com/question/29376574#
#SPJ11
what are the importance of store
Answer:
to get a source of our need
Answer:
Importance of Store-Keeping: The cost of materials is one of the largest elements of cost. Proper storing of materials is very important to prevent losses from damage, pilferage, and deterioration in the quality of materials.
which of the following is true of moral imagination?
Moral imagination is the ability to envision and empathize with different moral perspectives and possibilities. It plays a crucial role in ethical decision-making and helps individuals develop empathy, understanding, and make morally informed choices.
Moral imagination is the ability to envision and empathize with different moral perspectives and possibilities. It goes beyond one's own experiences and allows individuals to consider the ethical implications of various choices and actions. It plays a crucial role in ethical decision-making, as it helps individuals understand the consequences of their actions on others and society as a whole.
By engaging in moral imagination, individuals can develop empathy and understanding towards diverse viewpoints. It allows them to explore alternative solutions to ethical dilemmas and make morally informed choices. Moral imagination is essential for creating a more just and compassionate society, as it encourages individuals to consider the needs and well-being of others.
Learn more:About moral imagination here:
https://brainly.com/question/27461226
#SPJ11
in 1995, when umpqua bank opened in new markets, which type of marketing effort did it utilize?
The type of marketing effort it utilizes is Formulated marketing.
Marketing strategy formulation refers to the process of establishing a company's marketing goals and objectives. It allows leaders to create policies or blueprints and build techniques to execute strategy. Marketing is essential to any good business.
Marketing activities are the resources companies spend to promote their products and services. Through marketing activities, businesses can generate demand and interest in their products and increase awareness among potential customers. Pharmaceutical formulation is a multi-step process in which the active drug is mixed with all other ingredients, taking into account particle size factors.
Learn more about Marketing here:- https://brainly.com/question/25754149
#SPJ4
Under the Family and Medical Leave Act, if a husband and wife work for the same employer, the combined period of leave taken by the couple may not exceed__________________ year.
A. 18 weeks per calendar
B. 6 weeks per calendar
C. 12 weeks per calendar
D. 24 weeks per calendar
The correct answer is C. 12 weeks per calendar year.
Under the Family and Medical Leave Act, eligible employees are entitled to take up to 12 weeks of unpaid leave within a 12-month period for specific qualifying reasons, such as the birth or adoption of a child, caring for a seriously ill family member, or the employee's own serious health condition. This entitlement applies to each individual employee, regardless of whether they are married or have a spouse who also works for the same employer. Therefore, if both the husband and wife work for the same employer, each of them is entitled to take up to 12 weeks of leave individually, resulting in a combined maximum of 12 weeks per calendar year for the couple. It is important to note that the leave is not transferable between spouses, and each employee's entitlement is independent of the other's.
To know more about the Family and Medical Leave Act, click here: /brainly.com/question/32116840
#SPJ11
What is the difference between a planned market economy and a mixed market economy?
Answer:in centrally planned economy market the means of production are predominantly owned by the state while in mixed economy the means of production are owned and controlled by both government and private persons. It is a mixture of planned and free enterprises
Explanation:
Updating business strategies is a continuous undertaking as internal and externalenvironments _______.
A. Become less competitive
B. Remain stagnant
C. Rapidly change
D. Become more consistent
Updating business strategies is a continuous undertaking as internal and external environments rapidly change.
The business landscape is constantly evolving due to technological advancements, shifting customer preferences, and changing market trends, among other factors.
As such, businesses must continually update their strategies to remain competitive and relevant in today's fast-paced market. To keep up with these changes, businesses can adopt agile strategies that allow for flexibility and adaptability.
This involves regularly evaluating current strategies and making necessary adjustments to stay ahead of the curve. By doing so, businesses can quickly respond to changes in the market and take advantage of new opportunities as they arise.
Overall, the rapidly changing internal and external environments make it imperative for businesses to continuously update their strategies. By staying agile and adaptive, businesses can remain competitive, satisfy customer needs, and achieve long-term success.
To learn more about Business strategies click here :
brainly.com/question/28561700?
#SPJ11
statistical reports can tell managers what happened but tend to omit _____________.
Statistical reports can tell managers what happened but tend to omit the reasons why it happened.
Statistical reports are valuable tools for managers to evaluate business performance and identify trends and patterns in various areas, such as finance, sales, and production. However, these reports only provide a numerical summary of data and do not necessarily explain the underlying reasons or causes behind the trends and patterns.
To gain a more complete understanding of business performance, managers need to use statistical reports in conjunction with other sources of information, such as market research, customer feedback, and employee input.
This can help them to identify the underlying reasons for changes in business performance and make informed decisions about how to respond to these changes to improve the organization's performance over time.
Learn more about statistical reports https://brainly.com/question/30457957
#SPJ11
Select the correct answer.
Which of the following is a good resource to help you find a job opening?
A.
Employment offices
B.
Online sources
C.
Family, friends, and other contacts
D.
All of the above
Answer:
D All of the above
Explanation:
Which technique of advertising shows that multiple consumers use a product to build consumer trust in the product?
Answer:
don doing it for 5 point give 100 then ill think abt it
Explanation:
in the short run, input prices are ___ and do not adjust along with other prices in the economy
In the short run, input prices are typically fixed and do not adjust along with other prices in the economy.
This is due to several factors that affect the rigidity of input prices in the short run. Firstly, many input prices, such as wages and long-term contracts for raw materials or utilities, are often set in advance and are not easily adjustable in response to changes in the overall price level. Labor contracts, for example, may have predetermined wages and terms that are fixed for a certain period, typically lasting more than a year. Similarly, contracts for essential inputs like energy or raw materials may be agreed upon for a specific duration and are not easily renegotiated.
Secondly, there may be market imperfections or frictions that hinder the adjustment of input prices in the short run. For instance, labor markets can exhibit stickiness due to factors such as minimum wage laws, collective bargaining agreements, or asymmetric information between employers and workers. These factors can create barriers to wage adjustments, preventing them from fully reflecting changes in the overall price level.
Lastly, firms may also face adjustment costs when changing input prices. These costs can include administrative expenses associated with renegotiating contracts, potential legal issues, or disruptions to ongoing business operations. As a result, firms may be reluctant to adjust input prices frequently in response to short-term fluctuations in the overall price level.
Overall, in the short run, input prices tend to be fixed and do not adjust along with other prices in the economy due to factors such as predetermined contracts, market imperfections, and adjustment costs. It is in the long run when contracts are renegotiated, market conditions stabilize, and adjustment costs diminish, that input prices have the opportunity to fully respond to changes in the overall price level.
Know more about Input Prices here:
https://brainly.com/question/28545241
#SPJ11
Describe three features of Agriculture before the Agricultural Revolution.
The three features of Agriculture before the Agricultural Revolution are "Nomadic lifestyle, Small-scale farming, and Limited technology".
The agricultural revolution was the agriculture small-scale practices and subsistence-based activity that played a secondary role to hunting and gathering.
The three features of Agriculture before the Agricultural Revolution are Nomadic lifestyle, Small-scale farming, and Limited technology.
The Nomadic lifestyle referred to practice in agriculture in which humans were predominantly nomadic and relied on hunting and gathering for sustenance. They moved from place to place in search of food.
The Small-scale farming referred to clearing small plots of land and planting crops.
The Limited technology referred to used primitive tools, such as stone axes and digging sticks, to clear land and plant crops.
To know more about Agricultural Revolution here,
https://brainly.com/question/30584359
#SPJ4
Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.
Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.