sellers should know that the less elastic the demand for their product, the more advantageous it is for them to

Answer:

D. Jem should read the product description carefully.

Explanation:

The system you are referring to is likely a pull production system. In this type of system, the downstream step signals the upstream step to produce more only when there is actual consumption. This helps to avoid overproduction and waste, as production is based on actual demand rather than predicted demand.

Pull production systems often rely on kanban, a visual signaling system that communicates demand for materials or products. With kanban, each container or batch of material has a corresponding kanban card that signals the upstream step to produce more once the container has been consumed. This helps to ensure that production is aligned with customer demand and that inventory levels remain low.

Pull production systems are commonly used in lean manufacturing and just-in-time production, where efficiency and waste reduction are key goals. Overall, pull production helps to create a more responsive and efficient production system by aligning production with actual demand.

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The option C "Production is at minimum average total cost" is not a characteristic of long-run equilibrium in a monopolistically competitive market.

A monopolistically competitive market is a type of market structure that combines features of perfect competition and monopoly. Like in perfect competition, firms in a monopolistically competitive market face competition from other firms and can freely enter or exit the market.

The long run is the time period where all factors of production are variable. In a long run equilibrium, firms in monopolistically competitive markets earn zero economic profit, meaning that they earn exactly enough to cover their costs of production but no more.Average total cost is the cost of producing one unit of output. The selling price and marginal cost are two essential economic concepts for understanding long-run equilibrium in monopolistically competitive markets.

Selling price and marginal cost are equal to each other in long-run equilibrium. Hence the option C "Production is at minimum average total cost" is not a characteristic of long-run equilibrium in a monopolistically competitive market.

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Answer:

Explanation:

Water mill technology is based on hydropower meaning that water is used to drive the turbines in a rotation motion.

The wheel is attached to the axle in the center horizontally and water with high pressure and velocity is streamed on it causing the turbine to rotate which operates all the processes in the mill. It can be used for milling, grinding, hammering, etc.

Such processes are used to produce substances like lumber and textiles.

The force of the water's movement drives the blades of a wheel or turbine, which in turn rotates an axle that drives the mill's other machinery, this developed the spinning water mill.

Modern and New Spinning Technologies:

The newer spinning systems developed since then include rotor spinning, air-jet spinning, friction spinning, vortex spinning, electrostatic spinning, core spinning, wrap spinning, twistless spinning, and others. The structures of yarn obtained from these systems are also different and vary in many aspects.

Rotor Spinning – also known as open-end spinning. It uses a carded sliver that is fed onto a succession of single-spiked rollers that run at high speed. These rollers open the sliver so that the fibers can be fed almost individually via an airstream onto a grooved funnel that spins at a fast rate.

The spinning funnel collects a thin layer of fibers that are twisted together as they pass through to form the yarn. This system produces yarn five to ten times quicker than ring-spinning processes, but the structures are harsher, which makes them less popular than ring-spun yarn.

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Answer:

John takes $100 of currency from his wallet and deposits it into his checking account. If the bank adds the entire $100 to reserves, the money supply WILL NOT CHANGE, but if the bank lends out some of the $100, the money supply WILL INCREASE.

Explanation:

Any monetary injection to the banking system will increase the money supply only if the banking system (the whole set of banks) lends the money. The total effect is calculated by the increase in money x the money multiplier. The money multiplier = 1 / required reserves.

If the bank does not lend the money, then the money supply will not change.

Answer:

Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.

Explanation:

Price risk is the risk that bonds in a dedicated portfolio will decrease in value in response to an increase in interest rates. When interest rates rise, the prices of existing bonds tend to fall, as new bonds with higher coupon rates become available in the market. This inverse relationship between bond prices and interest rates is known as price risk.

Option 2 correctly identifies the consequence of price risk. When interest rates increase, the market value of existing bonds decreases because their fixed coupon rates become less attractive compared to newly issued bonds with higher coupon rates. This decrease in bond prices can result in capital losses for bondholders if they sell their bonds before maturity.Options 1, 3, and 4 do not accurately describe price risk. Option 1 refers to credit risk, which is the risk of the bond issuer defaulting on the payment of principal and interest. Option 3 describes the impact of interest rate changes on bond prices but confuses the direction (prices decrease when rates increase). Option 4 refers to inflation risk and the potential negative real rate of return, which is a separate risk factor affecting the purchasing power of bond returns.

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Note that in the above credit scenario, this is the smallest amount you can pay without accruing fees.

It is the consumer's overall credit cost represented as a percentage of the total credit amount on a yearly basis.

Take note that credit improves your financial flow. It's handy since you don't have to spend a lot of money.

It is extremely useful when you need money for an emergency such as illness, property loss, or death. When you run out of funds, it allows you to buy products that are immediately required.

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By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.

To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.

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They are counted as 0.5%, or the half employed, for determining the unemployment rate. The unemployment rate is the percentage of jobless people in the labour force.

The labour force is made up of people who are either employed or unemployed. The Centre for Monitoring Indian Economy said that India's unemployment rate rose from a four-year low of 6.43% in September to 7.77% in October. A person is said to be unemployed if they are actively looking for work and are thought to be the employable. This group includes those who are in the workforce but do not have acceptable occupations.

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An economic recession in the short run can be caused by a shift of the **AD (Aggregate Demand) curve to the left .

An economic recession in the short run is caused by a shift of the AD curve to the left and/or a shift of the short-run AS curve to the right. A shift of the AD curve to the left means that aggregate demand for goods and services has decreased, leading to a reduction in output and employment levels. This could be caused by a decrease in consumer confidence, a decrease in government spending, or an increase in taxes.

On the other hand, a shift of the short-run AS curve to the right means that firms are able to produce more output at lower costs, leading to a decrease in the price level and a decrease in output. This could be caused by a decrease in the price of raw materials, an increase in productivity, or an increase in the availability of resources.

Both of these factors can contribute to an economic recession in the short run. In order to combat a recession, governments can implement policies to increase aggregate demand, such as lowering interest rates or increasing government spending. They can also implement policies to increase productivity and decrease costs, such as investing in infrastructure or providing incentives for firms to innovate.

In summary, an economic recession in the short run is caused by a decrease in aggregate demand and/or an increase in short-run costs. Policymakers can take action to combat a recession by implementing policies to increase aggregate demand and/or decrease costs.

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Answer:

Viability is a mass noun that refers to something's capacity or potential for success. It may be a demand, an idea, a project, or even a plan to change how a business runs. Establishing viability is the goal of a viability evaluation. Product viability is the capacity of a software product to maintain itself or reach its potential.

Explanation:

The term "market viability" describes the commercial potential of a certain market. You may decide whether starting a business in a specific market makes financial sense with the use of a market viability analysis.

Industry size: Is there adequate room on the market for new vendors? Exists room for improvement?

Target market: Do potential customers have more money to spend? Can they afford to purchase your offering?

Competition: Who are the major retailers in this industry, in terms of competition? What are their advantages and disadvantages? How are you going to rival them?

Your objective is to eliminate any markets that are too small, too competitive, or comprised of clients who are unable or unable to pay your prices.

Answer:

B. interest in a specific position, relevant skills, benefit to employer.

Explanation:

Career objectives can be defined as an optional part of a curriculum vitae (resume) used by job applicants to give a brief description about their interest in a specific position, relevant skills, experience and potential benefits to an employer.

In order to increase your chances of being invited for a job interview, it is advisable that you include a clear career objective in your resume so as to make it compelling and convincing to hiring managers.

As a job applicant, what you should include in all career objectives is an interest in a specific position, relevant skills, and benefit to employer because it is one of the sections to be noticed first.

Generally, career objectives should be limited to a maximum of two or three lines of text or sentences and typed at the top of a resume, just below your contact information and name so as to quickly catch an employer's attention.

Answer:

Cell phones

Explanation:

If we go back a few years in time, a little over 30 years actually, cell phones were not smart and you could only talk with them. Actually, they were so big and heavy, that you could use them as hammers also. Motorola's first cell phone was as big as a shoe box and weighted around 2.5 pounds. Back then cell phones were expensive and very few people used them.

Fast forward a few years and smaller cell phones appear and 2G technology arrives. You could use a cell phone to call or message someone else. As cell phones got cheaper, more and more people started to use them and companies like AT&T started to collapse and you couldn't get a decent signal anywhere.

But cell phones would continue to improve and 3G was developed in order to satisfy the growing number of consumers. AT&Ts signal was still terrible. Blackberry came and phones started to get smarter. But as cell phones got smarter, more people wanted them. Then came Steve Jobs with the iPhone and demand grew so much that all the companies' systems collapsed (now all were as bad as AT&T).

That led to the introduction of 4G technology, but even before 4G technology is available everywhere, 5G technology has been developed. Finally, 5G technology is available in all the US (this year AT&T managed to do so, although Verizon did it earlier). But in other countries, 5G technology is already becoming obsolete and 6G is soon to be the standard.

Our everyday use of smart devices has forced technological advances to speed up. It took about 15 years for 2G to arrive, and then it took about 10 for 3G to be available. But in less than 15 years other countries have gone from 3G to 6G (China has already launched its 6G satellites which will start providing that technology).

Answer: current

Explanation: took the quiz

Complex queries occur when queries are saved and run again at a later date one advantage is that the query uses the most information.

It is a type of query that involves an individual using more than one search tools. It can be used to better understand multiple query by further breaking them into bits.

Therefore, Complex queries occur when queries are saved and run again at a later date one advantage is that the query uses the most information.

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IT Capability is something that is learned or developed over time for the firm to create, produce, or offer products.IT Capability refers to the organization's capacity to effectively use information technology to achieve its business objectives.

It's not just a matter of having the right tools; it's also a matter of having the right people with the right expertise to operate them effectively.

IT capability refers to the mix of processes, technologies, people, and governance mechanisms required to create, deliver, and sustain business value from IT investments.

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Answer:

tobacco

Explanation:

Answer:

B. Recruitment.

Explanation:

I already learned this.

answer:

capital intensive

— industries require a greater amount of machinery to produce the product

labour intensive

— product requires a larger amount of human labor to bring it off

explanation:

ex:

capital intensive

— telecommunications, airlines, automobile manufacturing, oil production

labour intensive

— food service, hospitality, public education, agriculture

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The percentage of each employee's earnings above the integration level that the XYZ Corporation could contribute is 0.0025. Answer: d) 12.2%.  

The percentage of each employee's earnings above the integration level that the XYZ Corporation could contribute, we need to use the following formula:

Contribution = (Base Contribution * (Integration Level / Earnings Above Integration Level))

here:

Base Contribution = 5%

Integration Level = Taxable wage base

Earnings Above Integration Level = Earnings above the integration level

Contribution = (5% * (Taxable wage base / Earnings Above Integration Level))

Contribution = (5% * (150,000 / Earnings Above Integration Level))

Earnings Above Integration Level = Earnings - Integration Level

This expression for Earnings Above Integration Level, we get:

Contribution = (5% * (Earnings - Integration Level / Integration Level))

Contribution = (5% * (Earnings - 150,000 / 150,000))

Contribution = 5% * (Earnings - 1)

Contribution = 0.05 * (Earnings - 1)

Contribution = 0.0025 * Earnings

Therefore, the percentage of each employee's earnings above the integration level that the XYZ Corporation could contribute is 0.0025. Answer: d) 12.2%.  

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The current system of allocating overhead costs uses direct labor hours as the basis for allocation, but with activity-based costing, the overhead cost is distributed according to each activity, which provides more accurate costing.

Direct labor hours are used to allocate overhead cost to the two products, and product X requires 1 direct labor hour, while product Y requires 4 direct labor hours. The total direct labor hours for product X are 10,000 hours. Overhead cost allocation rate is calculated as:Overhead cost allocation rate = Total overhead cost/Total direct labor hours= $1,000,000 / (10,000 hours x 1) = $100 per direct labor hour.

The total overhead cost assigned to Product X under the current system is calculated by multiplying the total direct labor hours for Product X with the overhead cost allocation rate.Total overhead cost assigned to Product X = Direct labor hours for Product X x Overhead cost allocation rate= 10,000 x $100= $1,000,000.

The total overhead costs for the three activities are: Order processing = $200,000Machine-related = $300,000Product inspection = $500,000The cost driver for each activity is the number of orders processed, machine hours, and inspection hours.

The total overhead cost of $1,000,000 allocated to Product X using direct labor hours as the basis for allocation doesn't provide more accurate information on the costs to manufacture products because it doesn't differentiate overhead cost based on the activities used to manufacture the products. However, with activity-based costing, the overhead cost is distributed according to each activity, which provides more accurate costing.

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Using the Rule of 72 the years it would take in order to double your money if your ROI is 4% would be 18 years.

The Rule of 72 is said to be a calculation which tends to estimate that the number of years it takes in order to double your money at a specified rate of return. If, for instance, your account tends to earn 4 percent, then you can divide 72 by 4, which is your Rate of Interest (ROI) to get the number of years it takes for money to double. In this case, it will be 18 years.

The Rule of 72 is said to derive from a more complex calculation and so it is an approximation, and thus it is not perfectly accurate. So, the most accurate results from the Rule of 72 are based at the 8 percent interest rate.

Hence, the basic rule of 72 says that the initial investment can double in around 3.27 years.

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In strategic management, the expression "blue oceans" refers to unexplored or uncontested market spaces with high potential for growth and profits. Blue oceans are essentially untapped market opportunities that exist beyond the boundaries of traditional industries or existing markets.

The term "blue oceans" was first introduced in the book "Blue Ocean Strategy" by W. Chan Kim and Renée Mauborgne.The authors argue that companies can achieve long-term success and growth by creating blue oceans, rather than by competing in crowded and often commoditized "red oceans." Creating a blue ocean requires companies to think outside the box and challenge industry assumptions. This often involves creating a new market space by offering innovative products or services that meet customer needs in a unique and differentiated way.

The concept of blue oceans is important in strategic management because it encourages companies to focus on innovation and differentiation rather than simply competing on price or features. By identifying and creating blue oceans, companies can establish a sustainable competitive advantage and capture significant market share.
 In strategic management, the expression "blue oceans" refers to the main concept of Blue Ocean Strategy, which focuses on creating new, untapped market spaces rather than competing in existing markets. that blue oceans represent industries, products, or services that have not yet been explored, offering companies the opportunity to innovate and grow in a less competitive environment. The explanation behind this concept is that it encourages businesses to think outside the box and create value by breaking away from traditional competition and instead, discovering and catering to new consumer needs and demands.

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Answer:

Events departing on time and arriving on time are NOT independent.

Explanation:

If two events A and B are independent, then

P(A and B) = P(A) * P(B)

Here

A = flights depart on time

B = flights arrive on time

P(A) = 0.90

P(B) = 0.80

If A and B are independent, then

P(A and B) = P(A) * P(B) = 0.9 * 0.8 = 0.72

Since

the observed value of P(A and B) is 0.75,

assuming that there are no observation errors, we conclude that the two events A and B are not independent.

Answer:

when you start working a regular job

Explanation:

Answer:

When you start working

Explanation:

Answer:

Consistent, Competitive & Profitable.

Explanation:

correct on edge

The three traditional Gs of growth are Growth, Gratitude, and Giving

The standard of a piece of information being discussed is indicated by tradition. For instance, "Homer is said to have been born on the island of Chios, although many other places have historically claimed him as their own." It may never be possible to confirm or deny this custom.

Growth: In other words, if you develop your workforce, your business will do the same. Don't you make an effort to hire employees that are smarter than you Give them an opportunity to succeed while guiding them while they do so.tradition

Gratitude can take many different forms. Your customers conducting business with you, internal promotions, and improving someone. Investing in a better world and receiving assistance in whatever form are both aspects of gratitude.

Giving: is a straightforward conclusion; you give it your all without holding back. Giving is recognizing the need and taking action to provide assistance in any form that is practical. Giving ultimately causes the business world to whirl. If you do it, other people will too. That's how easy it is.

Therefore,  Traditional Gs of growth are Growth, Gratitude, and Giving

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Answer:

false

Explanation:

Post-secondary education refers to an education that goes beyond high school.

Answer:

false

Explanation: