He has observed over the years that customers keep their high-mileage cars longer when the economy is doing poorly Rodi has observed the impact of income effect on demand for his service.
The income effect refers to the effect that changes in income have on demand for a good or service. Typically, as income rises, demand for most goods and services increases, while as income falls, demand for most goods and services decreases.
This can be demonstrated in Rodi's auto repair service as he has observed over the years that customers keep their high-mileage cars longer when the economy is doing poorly, creating demand for his maintenance and repair service.
When the economy is doing poorly, people may not have the financial means to replace their cars, so they are more likely to invest in maintenance and repair services to keep their cars running for a longer period of time. This creates demand for Rodi's auto repair service.
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Which of the following things can help you get a lower interest rate when you receive a loan?
A. A low credit score
B. A history of defaulting
C. Using all of your available credit
D. Collateral
Answer:
D. Collateral
Explanation:
Collateral refers to an asset offered to a lender to secure a loan. Borrowers use properties, motor vehicles, or other valuable items to convince lenders to advance credit facilities. Collateral reduces the risk of lending. If the borrower default, lenders have the option of selling the collateral to recover their money.
Because collateral makes a loan less risky, the interest charged is low. A high-interest rate reflects a high-risk borrower.
Answer:
D. Collateral
Explanation:
An amount of cash kept on hand and used for making small payments is called a. revenue. b. cash. c. petty cash. d. prepaid interest. e. none of these answers.
Petty cash is an amount of cash that is kept on hand and used for making small payments. The correct option is c). petty cash
This amount is typically managed by an individual or department within an organization, and it is used to cover expenses such as office supplies, postage, and other minor expenses that do not require a check or electronic payment.
The purpose of petty cash is to reduce the need for employees to submit reimbursement requests for small expenses, which can be time-consuming and expensive for the company to process.
By having a small amount of cash readily available, employees can quickly and easily make these small payments without having to go through the formal reimbursement process.
To manage petty cash, a company will typically establish a petty cash fund, which is a separate account or envelope that is used exclusively for this purpose. The fund is then replenished on a regular basis, typically weekly or monthly, based on the actual expenses that were incurred during that period.
In conclusion, petty cash is an essential tool for managing small expenses in a business setting. By having a dedicated fund for these expenses, companies can streamline their reimbursement process and improve efficiency while also ensuring that employees have the resources they need to complete their work. The correct option is c). petty cash
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what are the are the three groups of the economy
There are three main types of economies: free market, command, and mixed.
What does a credit score provide to lenders?
Group of answer choices
A person's credit risk
A person's credit history
A person's credit application
A person's credit interest
Answer:
I believe the answer is credit history, please let me know if I am wrong.
Explanation:
"'A credit score is a number lenders use to help them decide how likely it is that they will be repaid on time if they give a person a loan or a credit card.'' Your personal credit score is built on your credit history.'' Your FICO® Score☉ ranges from 300 to 850."
Answer: A person’s credit risk
Explanation:
A graphic organizer is a visual representation.
Please select the best answer from the choices provided
•T
•F
The given statement "A graphic organizer is a visual representation" is True because graphic organizers are an effective way to improve information retention and comprehension, making them a valuable tool in both personal and professional contexts.
A graphic organizer is a visual representation that helps individuals organize information in a clear and concise manner. This can be in the form of a diagram, chart, or other types of visual aids that make it easier to understand complex concepts or ideas. Graphic organizers can be used in various contexts, such as in educational settings to help students understand and remember important information, or in business, settings to help individuals organize their thoughts and ideas for presentations or reports.
One of the benefits of using graphic organizers is that they make it easier to identify relationships between different pieces of information. By visually organizing data, it becomes easier to see connections and patterns that may not be immediately apparent when looking at raw data. Additionally, graphic organizers can be customized to suit specific needs, making them a flexible tool for a variety of tasks.
Overall, graphic organizers are an effective way to improve information retention and comprehension, making them a valuable tool in both personal and professional contexts. Whether you are a student, educator, or professional, incorporating graphic organizers into your workflow can help you better organize and understand complex information.
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what do u think? like the video?
Answer:
Explanation:
Be more specific
Two tech firms face the following payoff matrix as they decide upon the size of their research budget: - Tech Company 2
Large Budget Small Budget
Large Budget $35m $10m $45m $0
Tech Company 1 Small Budget $10m $5m $15m $8m
Where is the Nash equilibrium?
O [Large Budget, Large Budget]
O [Small Budget, Small Budget]
O [Large Budget, Small Budget]
O [Small Budget, Large Budget]
The Nash equilibrium in this payoff matrix is [Small Budget, Small Budget].
In a Nash equilibrium, neither player has an incentive to unilaterally change their strategy given the other player's strategy. In this case, both firms have the highest payoff when they choose the Small Budget strategy, as indicated by the payoffs of $5m for Tech Company 1 and $8m for Tech Company 2. If either firm were to unilaterally change to the Large Budget strategy, they would have a lower payoff compared to staying with the Small Budget strategy. Therefore, the Nash equilibrium occurs when both firms choose the Small Budget strategy. If both firms choose a Large Budget, Tech Company 1 receives $35m and Tech Company 2 receives $45m. However, if both firms choose a Small Budget, Tech Company 1 receives $5m and Tech Company 2 receives $8m. In this case, neither firm has an incentive to deviate from choosing a Small Budget because the payoff is higher than if they were to choose a Large Budget.
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can i doit without pay
Answer:
what?
Explanation:
What is one request a borrower can make of a lender if they know they will never be able to pay their full debt?
A. The borrower can ask for fees and penalties to be eliminated.
B. The borrower can ask for a reduction of the interest rate.
C. The borrower can ask to be absolved of some of the debt.
D. The borrower can ask for the monthly payment to be reduced.
The one request a borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.
What happens if the borrower fails to repay the loan?A loan is known to be a kind of money that is borrowed for a length of time and it is known to be a non-performing asset (NPA).
When the repayment is overdue, the lender can seize the asset of the borrower and when a borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.
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Answer:
C. The borrower can ask to be absolved of some of the debt
Explanation:
QUESTION 12
When conducting a vertical analysis on a balance sheet and utilizing the common-size percentage formula, the "base amount" used for calculating the liabilities is:
Total liabilities and stockholders’ equity
Total stockholders’ equity
Total liabilities
Total Current Liabilities
None of the above
When conducting a vertical analysis on a balance sheet and utilizing the common-size percentage formula, the "base amount" used for calculating the liabilities is Total liabilities and stockholders' equity.
Vertical analysis is a technique used to analyze a company's financial statements, and the common-size percentage formula is used to calculate the proportion of each account to the total assets or liabilities and stockholders' equity. When conducting a vertical analysis on a balance sheet, the base amount used for calculating the liabilities is the total liabilities and stockholders' equity, which represents the sources of financing for a company's assets. This approach helps investors and analysts evaluate a company's financial stability and ability to pay its debts. By expressing each individual liability account as a percentage of the total liabilities and stockholders' equity, a relative size comparison can be made.
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FILL THE BLANK.
today’s global exchange rate system is known as a ________.
Today’s global exchange rate system is known as a foreign exchange rate.
Foreign Exchange Rate is defined as the price of the domestic currency with respect to another currency. The purpose of foreign exchange is to compare one currency with another for showing their relative values. Foreign exchange rate can also be said to be the rate at which one currency is changed with another or it can be said as the price of one currency that's stated in terms of another currency. Exchange rates of a currency can be either fixed or floating. Fixed exchange rate is determined by the central bank of the country while the floating rate is determined by the dynamics of request demand and force.
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What is the common ratio between successive terms in the sequence? 1. 5, 1. 2, 0. 96, 0. 768, … –0. 8 –0. 3 0. 3 0. 8.
The common ratio between successive terms in the given sequence is 0.6.
What is the ratio between each term in the sequence?In this sequence, each term is obtained by multiplying the previous term by 0.6. Starting with the first term of 5, each subsequent term is obtained by multiplying the previous term by 0.6.
This consistent multiplication by 0.6 gives us the common ratio between successive terms.
The concept of a common ratio is often encountered in geometric sequences, where each term is obtained by multiplying the previous term by a fixed value.
In this case, the common ratio is 0.6, meaning each term is 0.6 times the previous term. This knowledge is useful in various mathematical and real-world applications, such as population growth, financial calculations, and scientific modeling.
Understanding and identifying the common ratio can help in predicting future terms of a sequence and analyzing its behavior.
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Most real-world choices aren't about getting all of one thing or another, instead, most choices involve _________________, which involves comparing the benefits and costs of choosing a little more or a little less of a good. Group of answer choices marginal analysis benefit analysis utility opportunity cost
Answer:
marginal analysis
Explanation:
it is believed that the rational man makes marginal analysis.
for example, a rational man would continue consumption up to the point that the marginal utility of the last bottle consumed equal marginal price.
If marginal utility falls below price, consumption should stop.
If marginal utility is above price, consumption should continue
Mariano Manufacturing can issue a 25-year, 8.1% annual payment bond at par. Its investment bankers also stated that the company can sell an issue of annual payment preferred stock to corporate investors who are in the 40% tax bracket. The corporate investors require an after-tax return on the preferred that exceeds their after-tax return on the bonds by 1.0%, which would represent an after-tax risk premium. What coupon rate must be set on the preferred in order to issue it at par? Group of answer choices6.66% 6.99% 7.34% 7.71% 8.09%
Answer:
6.66%
Explanation:
First and foremost, if a bond is issued at par it means that the coupon rate and before-tax yield to maturity are the same. hence, in this case, the before-tax yield on the bond is 8.10%, the same as its coupon rate
after-tax yield on bond=before-tax yield*(1-tax rate)
tax rate=40%
the after-tax yield on bond=8.10%*(1-40%)
the after-tax yield on bond=4.86%
after-tax return on the preferred=the after-tax yield on bond+after-tax risk premium
after-tax risk premium=1.0%
after-tax return on the preferred=4.86%+1.0%
after-tax return on the preferred=5.86%
However, the before-tax coupon rate on the preferred is determined below based on the dividend received deduction principle obtainable in the US
Pre-Tax Coupon Rate = after-tax return on the preferred/(1-(Tax Rate*Taxable Percentage)
The principle that 70% of dividends, that only 30% are taxable, hence, the taxable percentage is 30%
Pre-Tax Coupon Rate =5.86%/(1-(40%*30%)
Pre-Tax Coupon Rate =5.86%/0.88
Pre-Tax Coupon Rate =6.66%
Game theory is Group of answer choices The study of price-fixing and collusion. The study of decision making in situations where strategic interaction occurs between rivals. An explanation of how oligopolists become monopolists. Practiced by perfectly competitive firms.
Answer:
The study of decision making in situations where strategic interaction occurs between rivals.
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Game theory is usually practiced by firms in an oligopoly
An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.
Oligopolies are characterised by:
price setting firms
product differentiation
profit maximisation
high barriers to entry or exit of firms
downward sloping demand curve
Which of the following is a reason you can be fired under an employment at
will policy?
A. The company relocates to a smaller facility.
B. The company learns that your parents were born in Russia.
C. The company suspects you are stealing inventory.
D. The company wants to hire a younger worker.
Answer:
A
Explanation:
Cause they might need new people if they relocate Nd might fire a lot of ppl if the working space is small
sarah has just received her tax bill. she notes that after exemptions her property's taxable value is $100,000. the school tax is 10 mills, city tax is 3 mills, county tax is 1 ill. what is her tax bill?
Sarah's tax bill is $1,400.
To calculate Sarah's tax bill, we need to multiply the taxable value of her property by the tax rate for each tax category. In this case, the tax rates are given in mills, which means they represent a rate of one-tenth of a cent per dollar of taxable value.
Given the following information:
Taxable value: $100,000
School tax rate: 10 mills (0.01)
City tax rate: 3 mills (0.003)
County tax rate: 1 mill (0.001)
To calculate the tax bill for each category:
School Tax = Taxable Value * School Tax Rate
School Tax = $100,000 * 0.01
School Tax = $1,000
City Tax = Taxable Value * City Tax Rate
City Tax = $100,000 * 0.003
City Tax = $300
County Tax = Taxable Value * County Tax Rate
County Tax = $100,000 * 0.001
County Tax = $100
Finally, to find the total tax bill, we sum up the taxes from each category:
Total Tax Bill = School Tax + City Tax + County Tax
Total Tax Bill = $1,000 + $300 + $100
Total Tax Bill = $1,400
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_________ is the removal of items from a store with the intention of not paying for them.
a. shrinkage
b. shoplifting
c. control
d. none of the above
Answer: lol that should be shoplifting
What is a benefit of investing in a certificate of deposit?
A benefit of investing in a certificate of deposit is that "You earn more interest than you would use a savings account." Option C
This is further explained below.
What is a savings account.?Generally, Visiting a branch of a bank with a form of identification authorized by the government, as well as any cash or cheques that you desire to deposit, will allow you to start a savings account.
You will also be required to provide a social security number or taxpayer identification number in addition to your address and other contact details. You can be required to establish a savings account in addition to a checking account, and the savings account might have a lower minimum deposit requirement than the checking account. Additionally, you may start a savings account with an internet bank if you so want.
Higher Interest Rates, When compared to savings accounts and money market accounts, certificates of deposit (CDs) have the potential to give greater interest rates on deposits.
This is due to the fact that you make a commitment to keep your money invested in the CD for a certain amount of time.
The annual percentage yield (APY) and the interest rate offered by the bank, as well as the length of time the certificate of deposit is held, as well as the general interest rate climate all, have a role in determining how much money you
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Explain why energy, fertilizer, pesticides, and seeds are all upstream inputs provided in agribusiness.
Answer:
They are upstream inputs because they are needed for production
Explanation:
Upstream inputs are those inputs that are needed for the production of goods and services, for example: raw materials, or energy. This is in opposition to downstream inputs, which are those needed for the selling and distribution of goods and services, like a truck.
Energy, fertilizers, pesticides, and seeds are all upstream inputs because they are raw materials used to obtain agricultural goods from the soil.
Assume your group decided to outsource the pistons to the external supplier. Identify a plan that would enable FlexCon to carry out this recommendation. Be as thorough as possible.
An outsourcing Plan refers to the process of contracting out a portion of a company's production process to another company more specialized in that area to allow it to focus on its core competencies. The plans to execute such outsourcing will go as follows.
What is the Outsourcing Plan?Step 1: Create a standard for the pistons that the company expects the outsourcing entity to meet.
Step 2: Create a standard that you expect the outsourcing company to meet.
Step 3: Create and Advertise an RFP (Request for Proposals) for the role
Step 4: Select the best company that meets the criteria
Step 5: Sign the contract
Step 6: Begin a test run
Step 7: If Step 6 goes well, continue indefinitely while monitoring the quality of the product and relationships.
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Which one of the following is most likely to result in an increase in producer surplus in the market for cow's milk? (WITH EXPLANATION PLEASE)
A) consumers switching from cow's milk to soya milk
B) health care highlighting problems of consuming cow's milk
C) an advert highlighting the benefits of cow's milk
D) an increase in indirect taxes charged on cow's milk
What is the purpose of international trade and how does it help the countries involved in it?
Answer:
the trade without border is
international trade.it purposes to share goods ,ideas,resources, etc.
it helps country in the time of need.
Answer:
Global trade makes it possible for people living in one country to use products from another country, allowing them to benefit from products that are not domestically produced. If a country is endowed with abundant labor or favorable climatic conditions, it has an advantage over the nations that do not have them. It makes economic sense to produce and export goods that other countries cannot produce as cheaply. This way, the exporters can increase sales with foreign commerce and strengthen their country’s economy, while earning profits at the individual level. It also helps strengthen the foreign currency reserves of the country.
International trade is a key driver in regulating foreign currency rates. Global trade helps balance a country’s cyclical pattern of trade deficit and surplus. When a country’s currency is strong, its imports tend to exceed its exports, thus creating a trade deficit for the importer. This situation leads to the exporter country’s currency strengthening and the importer’s currency eventually weakening. Over time, a role reversal happens with exports overtaking imports, thus strengthening the exporter’s currency and creating a trade surplus for the importer. Many other factors influence this cycle too, for example, product cost inflation and interest rates. Global trade removes boundaries and makes the whole world into a single marketplace, and that can work to the benefit of all the participating partners.
Explanation:
PLATO answer!
As the FDA uses ______ time and resources to ensure the safety of new drugs,
_________.
A) more; more people will die from taking unsafe drugs
B) less; fewer people will die waiting for access to life-saving medicine
C) more; fewer people will die waiting for access to life-saving medicine
D) less; fewer people will die from taking unsafe drugs
As the FDA (U.S. Food and Drug Administration) uses more time and resources to ensure the safety of new drugs, fewer people will die waiting for access to life-saving medicine. Hence, Option (C) is correct.
By conducting comprehensive reviews, including preclinical and clinical trials, the FDA can identify potential risks, adverse effects, and drug interactions more effectively.
This meticulous approach ensures that only safe and effective medications receive approval for public use.
Consequently, when the FDA invests more time and resources into ensuring drug safety, fewer people will experience harm from taking unsafe drugs.
Additionally, this careful evaluation process helps expedite access to life-saving medicines by preventing the approval of drugs with significant safety concerns, thus reducing the waiting time for individuals in need of vital treatments.
Thus, FDA using more time and resources to ensure the safety of new drugs ultimately leads to fewer people experiencing harm from unsafe medications and waiting for access to life-saving medicines.
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By how many units does a $1 increase decrease demand?
...5 unit...?_-0.18..-
Access the file listing the 11 controls online at www.pearsonhighered.com/arens. The file, Case 14-37 Key Controls List, is included with the Pinnacle files.
In the case of Case 14-37, the specific key controls listed on the document you mentioned may be relevant to the case and its associated circumstances.
What are the 11 controls listed on the Key Controls List?Additionally, the website and file you have mentioned may not be accessible to me due to restrictions on my access to external information. However, I can tell you that a key controls list is a document that outlines the essential internal controls in a business or organization.
These controls are designed to ensure that the company's financial reporting is accurate, complete, and compliant with applicable regulations. Typically, key controls are identified through a risk assessment process, and their effectiveness is regularly monitored through testing and evaluation.
In the case of Case 14-37, the specific key controls listed on the document you mentioned may be relevant to the case and its associated circumstances.
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1. List four reasons that businesses extend credit.
2. How does using credit benefit businesses and consumers?
1.Encourage customers to spend more, which can result in increased sales if receivables are turned to cash;
Increase customer goodwill and build good customer relations;
Make your customers less sensitive to price and more focused on the services you offer.
2.Having credit enables consumers to buy goods or assets without having to pay for them in cash at the time of purchase. Having a good credit record means that a person has an established history of paying back 100% of his/her debts on time
2. Benefits for business:
all 4 points aboveCash flow management: Offering credit can help businesses manage their cash flow, as they can receive payment over a period of time rather than all at once.Benefits for consumers:
Purchasing power: Using credit allows consumers to make purchases that they may not have been able to afford with cash, such as items like a home or a car.Convenience: Using credit cards can be more convenient than carrying cash, as consumers do not have to worry about carrying large amounts of cash or making frequent trips to the ATM.Building credit history: Using credit and making payments on time can help consumers build a positive credit history. This in turn can lead to better credit scores and lower interest rates on future loans.Protection against fraud and errors: Credit cards provide protection against fraud and errors, as consumers can dispute unauthorized charges or errors on their statements.For more on credit refer to: https://brainly.com/question/1590835
cookiesamichael12345678
Answer: ?
Explanation:
Girl what does that mean, either you can count right or thats a username
true or false: an external auditor cannot reduce the amount of work she performs by relying on the internal audit function for a part of the audit evidence needed to obtain assurance on the financial statements.
an external auditor cannot reduce the amount of work she performs by relying on the internal audit function for a part of the audit evidence needed to obtain assurance on the financial statements: is False
Why it is?
External auditors can reduce the amount of work they perform by relying on the internal audit function for a part of the audit evidence needed to obtain assurance on the financial statements.
However, external auditors must still evaluate the work of the internal audit function to ensure that it is reliable and relevant to the audit, and they must determine the extent to which they can use the work performed by the internal auditors.
In some cases, the external auditors may choose to rely on the work performed by the internal auditors, while in other cases they may need to perform additional audit procedures to obtain sufficient audit evidence.
The decision to rely on the work of the internal audit function is based on a variety of factors, including the scope and nature of the internal audit work, the competence and objectivity of the internal auditors, and the level of risk associated with the financial statements being audited.
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If you are trying to establish a credit history, would you use credit to make a purchase even if you could pay cash? Why?
Answer:
By using credit, you're building up your overall score. Cash purchases go unnoticed by companies and your bank.
Explanation: