When the number of sellers increases, supply increases. So, option a is correct.
Supply refers to the total quantity of a product or service that businesses or individuals are willing and able to sell at a certain price point. The law of supply states that the quantity supplied rises as the price rises, and vice versa. In other words, there is a direct correlation between the price of a commodity and the quantity of that commodity that businesses or individuals are willing to offer for sale.
When the price of a commodity rises, sellers are encouraged to increase their supply since they are earning more per unit sold.When the number of sellers increases, the supply curve shifts to the right. In other words, when there are more sellers, there are more goods or services available in the market, increasing the overall supply.
As a result, the equilibrium price will decline, while the equilibrium quantity will rise to reach the new market equilibrium.In conclusion, when the number of sellers increases, the supply increases, and when the supply increases, the equilibrium price will decline, while the equilibrium quantity will rise to reach the new market equilibrium. So, option a is correct.
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Complete question:
When the number of sellers increases,: Multiple choice question.
supply increases.
demand increases.
supply decreases.
demand decreases.
The United States and France both produce sweaters and caps. Suppose that a US worker can produce 50 caps per hour or 1 per hour and French worker can produce 40 caps per hour and 2 sweaters per hour. Based on this scenario, which statement is true?
The given statement "The United States and France both produce sweaters and caps. Suppose that a US worker can produce 50 caps per hour or 1 per hour and French worker can produce 40 caps per hour and 2 sweaters per hour." is true as workers in US has advantage in producing caps and French workers have advantage in producing sweaters.
While it would take an American worker an hour to make a sweater, they could make 50 caps in that time. The production of 50 caps would take a French worker 1.5 hours, compared to their ability to produce 2 sweaters per hour.
When one nation can produce a good or service for less money than another nation, it is said to have a comparative advantage. In this instance, producing caps has a lower opportunity cost for the US worker than producing sweaters and vice versa for the French worker.
Thereby it makes sense for each nation to focus on producing the goods in which they have a comparative advantage and participate in trade with other nations to obtain the goods or services they require at a lower price.
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A customer purchases $100,000 worth of merchandise from the ABC company on January 1st with terms of 5/10 EOM, net 60. If the customer pays the bill within the discount period the ABC company will receive payment of:
if the customer pays the bill within the discount period, ABC Company will receive payment of $95,000.
The amount of payment that ABC Company would receive if the customer pays the bill within the discount period of 5/10 EOM, net 60, is $95,000. A discount period of 5/10 EOM, net 60 means that the customer can get a discount of 5% on the invoice amount if the payment is made within ten days from the end of the month (EOM) in which the invoice was issued. If the customer fails to make the payment within the discount period, they will be required to make the full payment of $100,000 within a period of 60 days from the date of the invoice.
Therefore, if the customer makes the payment within ten days from the end of the month (EOM) in which the invoice was issued, the amount of payment will be calculated as follows:
Invoice amount = $100,000
Discount rate = 5%
Discount amount = 5% x $100,000 = $5,000
Amount payable within discount period = Invoice amount - Discount amount
= $100,000 - $5,000 = $95,000.
Hence, if the customer pays the bill within the discount period, ABC Company will receive payment of $95,000.
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6. You are either only a natural saver or a natural spender. You cannot have a balance of
both.
True
False
11. Which of these does NOT represent a type of credit?
*
1 point
A certificate of deposit (CD)
A credit card
A mortgage
A certificate of deposit (CD) does not represent a type of credit.
A certificate of deposit (CD) does not represent a type of credit. A certificate of deposit is a financial instrument offered by banks and credit unions that allows individuals to deposit a certain amount of money for a fixed period of time, typically ranging from a few months to several years. In return, the financial institution pays the depositor a fixed interest rate.
Unlike credit cards and mortgages, which involve borrowing money, a CD involves depositing money with the financial institution. The individual essentially lends money to the institution, and in return, earns interest on the deposited amount. The interest rate offered on a CD is predetermined and agreed upon at the time of purchase.
CDs are considered to be a low-risk investment option because they are typically insured by the government up to a certain amount. They provide a stable and predictable return on investment, making them attractive to individuals who prioritize safety and want to preserve their principal.
In summary, while credit cards and mortgages involve borrowing money, a certificate of deposit is not a type of credit. Instead, it is a financial instrument that allows individuals to deposit money with a financial institution and earn a fixed interest rate over a specified period of time.
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Are the following statements true or false? Explain in each case.
“Two countries can achieve gains from trade even if one of the countries has an absolute advantage in the production of all goods.”
“Certain very talented people have a comparative advantage in everything they do.”
“If a certain trade is good for one person, it can’t be good for the other one.”
“If a certain trade is good for one person, it is always good for the other one.”
“If trade is good for a country, it must be good for everyone in the country.”
1. True. Even if one country has an absolute advantage in the production of all goods, both countries can still benefit from trade if the other country has a comparative advantage in the production of certain goods.
2. False. Even the most talented people are not good at everything but they might be better at some things than others, but they cannot be excellent at everything.
3. False. Trade can be beneficial for both parties involved.
4. False. Trade can be beneficial for one party but not necessarily for the other.
5. False. International trade can have negative consequences for certain groups of people.
Prepare a financial plan and budget for a person whose financial goal is to buy a car worth Rs. 10 lakhs. His details are as follows:
Monthly salary Rs. 50,000. Suggest a plan How many years are required to fulfill his goal?
Show the breakup much he has to save/invest every month?
Also suggest to him some investment plans to arrange money to meet his goal
Explanation:
Nurturing creativity in any organisation is a very pertinent issue towards managing innovation and technology of a firm. It leads to increase in productivity and also adds value to the product brand. However, research shows that people tend to be able to think more creatively when they are working alone compared to brainstorming in a large group.
Discuss as to why many interacting groups underperform compared to non-interacting groups in idea generation tasks. Explain this in terms of production blocking and evaluation apprehension.
Briefly explain the three components of creativity with suitable examples
Many interacting groups underperform compared to non-interacting groups in idea generation tasks due to production blocking and evaluation apprehension.
Production blocking means that in a group, only one person can speak at a time, while the others have to wait their turn. This can cause people to forget their ideas and to become frustrated with the wait time.
Evaluation apprehension occurs when group members become anxious about the possibility of being judged by their peers. They may hold back their ideas for fear of criticism or ridicule. This can lead to a lack of creativity and diversity in ideas.
The three components of creativity are expertise, creative thinking skills, and motivation. Expertise refers to the knowledge and skills one has in a particular domain. Creative thinking skills include the ability to think outside the box, generate new ideas, and make connections between seemingly unrelated concepts. Motivation is the drive to succeed and to create something new.
Example: An artist who has expertise in painting and has developed creative thinking skills can use motivation to create an innovative painting using a new technique or medium.
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What are the two steps a producer can take to gain an absolute advantage? produce more goods. use high-quality resources. produce more expensive goods. use fewer resources. produce high-quality goods. use local resources.
Answer:
The correct answers are 1) produce more goods and 4) use fewer resources.
Explanation:
In the economic theory the definition of absolute advantage is the ability to produce as much of a product as possible while using few resources. On the other hand, comparative advantage is something that can help a producer sell a good at a low price which is attractive for customers while retaining good sale margins.
1. Produce more goods.
4. Use fewer resources.
Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
Answer:
deferral
Explanation:
Adjusting entries are when changes are made to already recorded journal entries.
Categories of adjusting entries :
accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.Prepaid expenses are payments made for services yet to be delivered.
For example, paying for a year's worth of subscription on your streaming service
Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral
Luis is able to organize coins in a row from the largest in size to the smallest. his newfound ability is called:_______
Luis is able to organize coins in a row from the largest in size to the smallest. His newfound ability is called seriation.
A coin is mostly a piece of tough cloth, normally metal, typically within the shape of a disc, and most usually issued via a government, for use as a form of money in transactions. On the side of banknotes, cash makes up the cash types of all cutting-edge money structures.
A coin is a small, flat, (typically, depending on us or cost) spherical piece of steel or plastic used mainly as a medium of exchange or felony soft. they may be standardized in weight, and produced in massive portions at a mint in an effort to facilitate exchange. They may be most often issued via a central authority.
Coins had been brought as a way of price across the 6th or 5th century BCE. the invention of cash continues to be shrouded in mystery: according to Herodotus (I, 94), coins have been first minted by using the Lydians, whilst Aristotle claims that the first cash had been minted by means of Demodike of Kyrme, the spouse of King Midas of Phrygia.
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________ is the process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behavior.
Market segmentation is the process of dividing a market into distinct groups of buyers with distinct needs, characteristics, or behaviors that may necessitate separate products or marketing programs.
The Markets can be segmented in a variety of ways, including geographically, demographically, and behaviorally. By figuring out which items are most likely to take a piece of a target market and the most effective means to sell and deliver those products, market segmentation aids organizations in lowering risk.
With risk reduced and clarity about the marketing and delivery of a product increased, a company can then focus its resources on the most profitable efforts.
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An executive manager went to an important meeting. The secretary in the office receives a call from a person claiming that the executive manager is about to give an important presentation but the presentation files are corrupted. The caller sternly recommends that the secretary email the presentation right away to a personal email address. The caller also states that the executive is holding the secretary responsible for the success of this presentation. Which type of social engineering tactic would describe this scenario
Answer:
intimidation
Explanation:
Intimidation is intentional behavior in which the person fear to the other person or injury to the other person. Here the victim is to be considered for taking an actions
Since in the given question it is mentioned that the caller tell that the executive would be held responsible for the success of the presentation
So the given situation represent the intimidation scenario
The same would be relevant
fill in the blank question. the concept that a dollar today is worth more than a dollar a year from now is called the of money. (enter only one word per blank.)
The concept that a dollar today is worth more than a dollar a year from now is called the time value of money.
The time value of money is a fundamental principle of finance that explains the importance of the timing of cash flows. It suggests that money received or paid out in the future is worth less than the same amount of money received or paid out today. This is due to factors such as inflation, the opportunity cost of not having access to that money, and the potential risks associated with waiting to receive or pay out money. The time value of money is a critical consideration when making financial decisions, including investments, loans, and budgeting. By understanding the time value of money, individuals and organizations can make more informed financial decisions and maximize the value of their money over time.
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Champ received a $14,400 distribution from NeatCo, a U.S. C corporation. NeatCo's earnings and profits for the year totaled $8,640. How much dividend income does Champ recognize?
When a shareholder receives a distribution from a U.S. C corporation, the shareholder must report dividend income on their tax return. Dividend income is reported separately from other types of income and is generally taxed at a lower rate than ordinary income.
In this case, Champ received a $14,400 distribution from Neat Co, a U.S. C corporation. Neat Co's earnings and profits for the year totaled $8,640. To determine how much dividend income Champ recognizes, we need to use the dividend income formula: Dividend income = Distribution x (Earnings and profits / Distribution) Dividend income = $14,400 x ($8,640 / $14,400)Dividend income = $14,400 x 0.6Dividend income = $8,640.
Therefore, Champ recognizes $8,640 in dividend income. When a shareholder receives a distribution from a U.S. C corporation, the shareholder must report dividend income on their tax return. Dividend income is reported separately from other types of income and is generally taxed at a lower rate than ordinary income.
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How is a credit union different from a bank?
O Acredit union offers services to companies instead of individuals.
A credit union only offers credit, it does not store money.
Acredit union is usually larger than a bank.
O A credit union is owned by its customers.
Answer:
a credit union is owned by its costumers (D)
Explanation:
i took the assignment!!
Which of the following reflects an acceptable yearly developmental goal as identified on an employee’s Individual Development Plan? (Select all that apply.)
improve my listening skills and interpersonal communication.
complete the training to become a master aircraft mechanic.
reconnect with high school friends in similar careers for networking.
enroll in post-graduate courses and complete studies for a master’s degree.
Answer:
improve my listening skills and interpersonal communication.
enroll in post-graduate courses and complete studies for a master’s degree.
Explanation:
Which of the following is not an example of professional behavior
?
Barry Olson has mastered strong technical skills as the manager of a large toy store. He is very skilled at all the aspects of managing the store and the employees of the store. Soon, he will take a new position as regional manager for several toy stores. His boss remarked to him last week that he will be utilizing his _____ skills to communicate, coach, and motivate managers who have positions similar to his old position.
Answer:
human
Explanation:
Human skills are the skills that can be related to one another. The person who have the strong human skills that could easily engaged with the audience, potential customer. ALso at the same time they would able to connect with the people and those people who feel the individual at personally level
So as per the given situation it is a human skills
frito-lay is to ________ focus as harley davidson is to ________ focus.
Frito-Lay is to "snack" food focus as Harley Davidson is to "motorcycle" focus.
Frito-Lay is an American subsidiary of PepsiCo that manufactures, markets, and sells corn chips, potato chips, and other snack foods. The primary snack food brands produced under the Frito-Lay name include Fritos corn chips, Cheetos cheese-flavored snacks, Doritos and Tostitos tortilla chips, Lay's and Ruffles potato chips, Rold Gold pretzels, and Walkers potato crisps (in the UK and Ireland). Each brand generated annual worldwide sales over $1 billion in 2009.
Harley-Davidson, Inc. (H-D, or simply Harley) is an American motorcycle manufacturer headquartered in Milwaukee, Wisconsin, United States. Founded in 1903, it is one of two major American motorcycle manufacturers to survive the Great Depression along with its historical rival, Indian Motorcycles.The company has survived numerous ownership arrangements, subsidiary arrangements, periods of poor economic health and product quality, and intense global competition to become one of the world's largest motorcycle manufacturers and an iconic brand widely known for its loyal following.
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Grand Energy Corporation (GE) plans to issue bonds to raise $190 million. GE's investment banker will charge 5 percent of the total amount issued to help raise the funds. The market value of each bond at issue time will be $1,000. How many bonds must GE sell to net $190 million after flotation costs? Assume that fractions of bonds cannot be issued. Round your answer to the nearest whole number.
The number of bonds that GE must sell to net $190 million after flotation costs is 200,000 bonds.
Number of bondsFirst step is to calculate the amount issue
Net proceeds = Amount of issue x (1 - Flotation costs)
$190,000,000 = Amount of issue x (1 - 0.05)
Amount of issue = $190,000,000/0.95
Amount of issue= $200,000,000
Second step is to calculate number of bonds
Number of bonds = $200,000,000/$1,000
Number of bonds= 200,000 bonds
Inconclusion the number of bonds that GE must sell to net $190 million after flotation costs is 200,000 bonds.
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If+you+deposit+$2,000+in+a+bank+account+that+pays+3%+interest+annually,+how+much+will+be+in+your+account+after+5+years?+do+not+round+intermediate+calculations.+round+your+answer+to+the+nearest+cent.
The future value is calculated as $2318.548. The worth of a present asset at some point in the future based on an estimated rate of growth is known as future value (FV).
The future value will be calculated as follows
= Initial investment (1+interest)^number of years)
= 2000(1+.03)^5
= $ 2318.548.
For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future.
Investors may make wise investment choices based on their projected demands by knowing the future worth. However, external economic forces that depreciate an asset's value, such as inflation, might have a negative impact on the asset's future worth. Future value and present value (PV) can be compared.
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Your question seems to be incomplete, but most probably the complete question was:
If you deposit $2,000 in a bank account that pays 3% interest annually, how much will be in your account after 5 years? Do not round intermediate calculations. Round your answer to the nearest cent. $
What is an example of a comparative advantage of Mexico over the United States?
PLEASE HELP, NO LINKS
Answer:
For example, a trade where the U.S. exports 4,000 refrigerators to Mexico in exchange for 1,800 pairs of shoes would benefit both sides, in the sense that both countries would be able to consume more of both goods than in a world without trade.
hope it's help you plz mark as brain listRhonda is facing a complex situation and needs help figuring out what to do. Imagine that she hires you to help her tackle this challenge and make the right decision. You will use the steps of a rational decision-making process to explore, evaluate, and ultimately offer Rhonda your professional opinion on how she should handle the situation.
The steps of the rational model of decision making in the correct order includes as follows:
Identify the problem or opportunityThink of alternative solutionsEvaluate alternatives and select a solutionImplement and evaluate the solution chosen.What is the rational model of decision making?Basically, the decision making refers to the process of making choices by identifying a decision, gathering information and assessing alternative resolutions, the use of the process can help to make more deliberate and thoughtful decisions by organizing relevant information and defining alternative.
Going forward, the rational model of decision making involves an individuals using facts and information, analysis and a step-by-step procedure to come to a decision. This rational model is more advanced type of decision-making model.
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Which of the following is false regarding a nonprofit corporation?
Multiple Choice
One of its objectives is to not earn profit.
It may not earn profits.
Examples of this form of business organization include churches and charitable organizations.
It does not have shareholders.
It does not issue stock.
The false statement regarding a nonprofit corporation is “It may not earn profits.”It is important to note that a nonprofit corporation is still a legal business entity, which is responsible for filing tax returns, obtaining licenses and permits, and complying with all applicable laws and regulations.
The false statement regarding a nonprofit corporation is “It may not earn profits.”.Nonprofit corporations are those corporations that do not distribute their profits to their owners, shareholders, or members. Nonprofit corporations usually exist for charitable, religious, scientific, literary, or educational purposes. The objective of a nonprofit corporation is to achieve a social cause rather than earning a profit.Nonprofit corporations do not have shareholders as they are not in the business of earning a profit.
They may, however, raise funds and donations for their cause. Examples of nonprofit corporations include religious organizations, charities, and universities. Furthermore, they do not issue stock because they do not have shareholders. They may also not earn a profit because their primary objective is to promote their cause rather than earn a profit.
Hence, the false statement regarding a nonprofit corporation is “It may not earn profits.”It is important to note that a nonprofit corporation is still a legal business entity, which is responsible for filing tax returns, obtaining licenses and permits, and complying with all applicable laws and regulations.
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Which resource can you use to view business or suppliers divided into different categories?
You may use online or offline (blank) to view businesses or suppliers classified into different categories.
Answer:
yellow pages
Explanation:
Answer:
It's "Yellow Pages"
Explanation:
I got it right!!
which one of the following is not a valid reason to return a medication to the warehouse or manufacturer for credit?
Drug was incorrectly reconstituted is the one of the following is not a valid reason to return a medication to the warehouse or manufacturer for credit. Hence, option C is correct.
What is manufacturer?A manufacturer is a person or company that uses various tools, machinery, and processes to transform raw materials into completed goods that are subsequently sold to consumers, wholesalers, distributors, retailers, or other manufacturers who can use them to create more complex goods.
Use the single possessive: manufacturer's data book, if people are referring to a specific manufacturer's data book specifications.
Thus, option C is correct.
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A) Drug was recalled
B) Drug expired
C) Drug was incorrectly reconstituted
D) Drug was damaged during delivery
which event will not lead to a decrease in supply? a decrease in the product price an increase in taxes an increase in resource costs a decrease in the number of sellers in the market
The event that will not lead to a decrease in supply is a decrease in the number of sellers in the market.
Supply refers to the quantity of goods or services that producers are willing and able to offer for sale at various price levels. It is influenced by several factors, including the price of the product, taxes, resource costs, and the number of sellers in the market.
A decrease in the product price would typically lead to a decrease in supply. When the price of a product decreases, producers may find it less profitable to produce and sell the product, resulting in a decrease in the quantity supplied.
An increase in taxes can also lead to a decrease in supply. Higher taxes increase the cost of production for producers, reducing their incentive to supply goods or services at various price levels.
Similarly, an increase in resource costs, such as the cost of raw materials or labor, can also lead to a decrease in supply. Higher costs of production reduce the profitability of producing and selling goods or services, leading to a decrease in supply.
However, a decrease in the number of sellers in the market does not directly affect supply. While it may impact market competition and the overall market structure, it does not directly influence the quantity of goods or services producers are willing and able to supply at different price levels.
In summary, of the events mentioned, a decrease in the number of sellers in the market does not lead to a decrease in supply.
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Controling does not require any process comment
Which critical thinking skill is used to gain new insight into your thinking?
Open-mindedness
Reflection
Curiosity
Evaluation
Information-gathering
Answer: Reflection
Explanation:
You can gain insight by asking a person to reflect and evaluate an experience and explain their thought processes during that time. This can help you develop your critical thinking by providing you real-world examples.
On the Debt Financing tab, which option should be selected in the "How Input" field to model a refinance?
Debt financing takes place when a company raises money by selling debt instruments to investors.
What is debt financing?
Your information is incomplete. Therefore, an overview of debt financing will be given. Debt financing simply occurs when a firm sells fixed income products, like bonds, bills, or notes.
Debt financing is the opposite of equity financing. The main advantage of debt financing is that the business owner doesn't give up any control of the business.
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