When the sale of a firm's total output of a product in a purely competitive product market has no effect on the market price, this makes the firm a Price taker.
What is the definition of a price-taker?A price-taker is a company that is unable to influence the market price of the products or services it provides. A price-taker takes the market price as a given and is unable to raise or lower it through its actions.
In a competitive market, a price-taker is a business that sells products or services at the market price or the price at which other companies are selling the same products or services.
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Your cash t-account has a beginning debit balance of $5,000. New debits are $500 and new credits are three times new debits. What is the new balance?
Answer: 4000
Explanation:
how are cells strengthened in the brain
Answer:
Explanation:
when a neuron is active, the activity causes it to release netrin. The netrin acts to strengthen the connection between the neuron and a neighbouring neuron at the activated synaptic junction. Netrin's essential signal to the two neurons is 'Make the synapse stronger.
the consumer's income is $1,000. what is the consumer's marginal rate of substitution in equilibrium?
When the consumer's income is $1,000, by using the Marginal rate of substitution, if he spends his entire budget, he will get 50 units of good X or 25 units of good Y.
Marginal rate of substitution= (price of good Y)/(price of good X)
Consider that the consumer spends his entire income on only two items, goods X and Y, which cost $10 and $20, respectively. If he buys one unit of good X, he can't buy anything else, and if he buys one unit of good Y, he won't be able to buy anything else. If he spends his entire budget, he will get 50 units of good X or 25 units of good Y.The formula for the marginal rate of substitution can be used to calculate the ratio of the goods he is willing to trade. The calculation is as follows:
MRS = ΔY/ΔX = MUx/MUy where
MRS is the marginal rate of substitution, MUx is the marginal utility of good X, MUy is the marginal utility of good Y.When the budget line and the indifference curve intersect, the consumer is in equilibrium. He is prepared to buy goods X and Y in such a way that their marginal utility ratios are equivalent to the price ratio, and he is happy with his current consumption.
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There are many different sources of income. Usually, most of an adult's income comes from _____.
dividends
rent
taxes
salary
Answer:
d. salary
Explanation:
There are many different sources of income. Usually, most of an adult's income comes from salary.
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mark brainliest!
Knowledge that is patented is a
a. public good, whereas knowledge that is not patented is a common resource.
b. club good, whereas knowledge that is not patented is a public good.
c. private good, whereas knowledge that is not patented is a club good.
d. common resource, whereas knowledge that is not patented is a private good.
Patented knowledge is a club good because it is excludable but rivalrous, while knowledge that is not patented is a public good because it is non-excludable and non-rivalrous. Option b. club good, whereas knowledge that is not patented is a public good.
Patented knowledge is considered a club good because it is a type of knowledge that is excludable, meaning that only those who have the patent are allowed to use it. It is rivalrous in consumption, meaning that one person's use of the patented knowledge diminishes the value of the knowledge to others.
On the other hand, knowledge that is not patented is considered a public good because it is non-excludable, meaning that it is available to everyone to use. It is also non-rivalrous in consumption, meaning that one person's use of the knowledge does not diminish the value of the knowledge to others.
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True or False? Hard skills will get you the job, but soft skills will allow you to keep the job.
The statement Hard skills will get you the job, but soft skills will allow you to keep the job is true.
What is hard skills and soft skills?Hard skills can be defined as the skills your possess which are the one you have as a result of been educated and the skills you possess as a result of the experience you have gain.
On the other hand Soft skills can be defined as inbuilt skills you possess that can enables you to succeed at your workplace and this skills includes the way you communicate and interact with people at your place of work.
Therefore the statement Hard skills will get you the job, but soft skills will allow you to keep the job is true.
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Do you believe the government should play a role in speeding up or slowing down the economy
Answer:
Yes I do believe they should because it is important to speed up economy's rate of growth
If you have $35 in your checking account and swipe your debit card for a $50 purchase WITH overdraft protection, what most likely happens? *
I will give u a Brainliest
According to the condition, it will happens you can make the purchase, but you will also be charged an overdraft fee.
What do you mean by overdraft protection?A checking account's overdrafts are covered via an agreement made with the bank or other financial institution known as overdraft protection. This service normally has a cost attached to it, usually up to a predetermined maximum.
Even if there isn't enough money in your bank account, overdraft protection ensures that transactions still go through. Checks, ATM withdrawals, and debit card transactions are typically covered by this insurance.
The recipient won't be aware of your low bank balance thanks to overdraft protection, which also ensures that urgent transactions go through.
Therefore, if you have $35 in your checking account and swipe your debit card for a $50 purchase with overdraft protection, it will happens you can make the purchase, but you will also be charged an overdraft fee.
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What are the characteristics of the Monitor Communications process?
The Monitor Communications process is an important aspect of project management that involves overseeing and tracking all of the communication channels used within a project.
This process helps to ensure that all of the stakeholders involved in the project are kept up to date on its progress, and that any issues or concerns are addressed in a timely manner.
The following are some of the key characteristics of the Monitor Communications process:
1. Continuous oversight: The Monitor Communications process involves continuous oversight of all of the communication channels used within a project. This helps to ensure that all of the stakeholders are kept informed about the project's progress, and that any issues are addressed promptly.
2. Use of multiple communication channels: The Monitor Communications process often involves the use of multiple communication channels, including email, instant messaging, video conferencing, and more.
This helps to ensure that all of the stakeholders have access to the information they need, regardless of their location or preferred method of communication.
3. Regular updates: The Monitor Communications process typically involves providing regular updates to all of the stakeholders involved in the project. This helps to keep everyone on the same page and ensures that any potential issues are identified and addressed in a timely manner.
4. Tracking and reporting: The Monitor Communications process often involves tracking and reporting on the progress of the project, as well as any issues or concerns that arise. This helps to keep all of the stakeholders informed and ensures that any necessary changes are made in a timely manner.
Overall, the Monitor Communications process is an essential part of project management that helps to ensure that all of the stakeholders are kept informed and that the project is completed successfully.
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How can creative ideas become business opportunities?
Business ideas are something that you must test before they become your business opportunities and before you start transforming them into the real business.
For you, the business ideas are something that you believe will work as a profitable business. When you include the customers needs into the specific idea it will become a possible business opportunity ready for the future startup. Here, I want to talk about a technique from statistics to test business ideas using the null hypothesis.
For example, you have a business idea that can be presented as a statement that statisticians will call it a hypothesis. The hypothesis in the simplest words are ideas that need to be tested for approval.
If we want to use statistical language in this process, we can tell that your business idea is a null hypothesis, and now we want to test it with another hypothesis that are opposite to the null hypothesis. The opposite hypothesis for your null hypothesis will be that the business idea will not succeed, or it will fail.
It is important to think about all possibilities in the process of initial development or process of testing the initial business idea. One of them is that the idea will not succeed in the target market.
Answer:
creative ideas can become business opportunities by simply you going through with your idea. say you have an idea for a... bed that will improve sleep. all you need to do is go though with it. design it build it, whatever just do it.
Explanation:
Which consumer credit acts helps potential borrowers understand the cost of a loan?
The Truth in Lending Act (TILA) is the consumer credit act that helps potential borrowers understand the cost of a loan.
TILA is a federal law in the United States that requires lenders to disclose key terms and costs associated with credit transactions. It mandates that lenders provide borrowers with a standardized loan disclosure statement, known as the Truth in Lending Disclosure, which outlines important information such as the annual percentage rate (APR), finance charges, payment terms, and total loan costs. TILA enables borrowers to compare loan offers, understand the true cost of credit, and make informed decisions when borrowing money. The act promotes transparency and consumer protection by ensuring that borrowers have access to clear and accurate information about the cost and terms of their loans.
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what are the two general areas of specialization in accounting?
Answer:
Financial Accounting. Financial accounting is an area of accounting that deals with the recording, classifying, reporting and interpreting of a business financial performance and economic conditions to interested users ...
Managerial Accounting. Managerial Accounting is an area of accounting that deals with accumulation of financial information and preparation of reports for internal users only, like the company’s management or ...
Cost Accounting. Cost Accounting is an area of accounting that captures and accumulates manufacturing or production costs for internal use of an entity’s management, used in decision making purpose.
Explanation:
The media often promote an ideology that
A. challenges our current capitalist economy
B. justifies the existence of social inequality
C. promotes the perspectives of poor people
D. opposes social inequality in all forms
Answer: B
Explanation:
_____ and _____________ are critical, and needs to be built into the overall process of relationship
Answer: The options related to your question is missing hence i will provide you with a general answer on process of relationship
answer : wholehearted love and Decision are critical
Explanation:
The overall process of any kind of relationship passes through five specific stages and each relationship passes through these stages repeatedly . the stages are ; The merge stage , doubt stage , disillusionment , decision and love ( whole hearted )
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Answer:
I xixed3odn3dno3xnomxend4ond4imx74d diendeinxe said einxiw dueoxni3d 3id 2did 2iz
Explain why socialist societies do not use a circular flow chart.
the action toy company has decided to manufacture a new train set, the production of which is broken into six steps. the demand for the train is
The cycle time for this operation is 30 seconds, and the theoretical minimum number of workstations is 3.
Precedence Diagram: A precedence diagram is a visual representation of the order in which tasks need to be performed and their dependencies. It helps to identify the sequence of tasks and their relationships. In this case, the precedence diagram for the train set production would show task A as the starting point, with tasks B, C, D, E, and F following based on their respective dependencies.
Cycle Time Calculation: The cycle time is determined by the demand and the production time required per unit. In this case, the demand for the train set is 4,800 units per 40-hour work-week. To calculate the cycle time, we divide the available production time (40 hours) by the demand (4,800 units), resulting in a cycle time of 30 seconds per unit.
Theoretical Minimum Number of Workstations: The theoretical minimum number of workstations can be calculated by dividing the total task time by the cycle time. In this case, the total task time is 120 seconds (20 + 30 + 15 + 15 + 10 + 30). Dividing 120 seconds by the cycle time of 30 seconds gives us a theoretical minimum of 4 workstations. However, since the demand is 4,800 units per 40-hour work-week, we need to round up to the nearest whole number of workstations, which is 3.
Assigning Tasks to Workstations: Based on the precedence diagram and the number of workstations, we can assign tasks to each workstation. Workstation 1 would handle Task A, Workstation 2 would handle Task B and Task C, and Workstation 3 would handle Task D, Task E, and Task F.
Total Idle Time: Idle time refers to the time when a workstation is not actively engaged in a task. To calculate the total idle time, we need to determine the difference between the cycle time and the total task time for each workstation. The total idle time in each cycle would depend on the efficiency of the workstations and the sequencing of tasks within each workstation.
Efficiency of the Assembly Line: The efficiency of the assembly line can be calculated by dividing the sum of task times by the product of the cycle time and the number of workstations, and then multiplying by 100 to express it as a percentage. This efficiency metric provides insight into how effectively the available production time is being utilized.
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The complete question is:
The Action Toy Company has decided to manufacture a new train set, the production of which is broken into six steps. The demand for the train is 4,800 units per 40-hour work-week: Task Performance Time (Sec) Predecessors A 20 -- B 30 A C 15 A D 15 A E 10 B, C F 30 D, E Draw a precedence diagram of this operation. Given the demand, what is the cycle time for this operation? seconds What is the theoretical minimum number of workstations? workstations Assign tasks to workstations. Task A: Workstation 1 Task B: Task C: Task D: Workstation 3 Task E: Task F: How much total idle time is present in each cycle? seconds What is the efficiency of the assembly line? %
which of the following is a question you might ask yourself to determine if an action is ethical?
A. would this act help or hurt my job prospects?
B.Does senior management know about this act?
C. Will anyone be hurt by my action?
D. How likely am I to be caught in the act?
Answer:
C. Will anyone be hurt by my action?
Explanation:
Many organizations and associations have a code of ethics that provides a guideline on ethics. The code states what acceptable and what is not. In the absence of a code of ethics, several guiding principles may help determine what is ethical.
One acceptable principle is that an act is moral or ethical if it increases happiness for most people or greatly reduces their misery. A good question to ask oneself before deciding is whether the consequences of their actions will bring joy or sorry to people. Ethical actions tend to make others happy.
Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Which advice would best help you protect your personal information?
the best advice to protect your personal information is to be cautious about sharing it online and with others.
Create strong and unique passwords, regularly update them, and avoid using public Wi-Fi networks.
Also, enable two-factor authentication wherever possible. Keep your device's software updated, install anti-virus software, and be wary of phishing emails and suspicious links.
Use privacy settings on social media platforms to limit the amount of personal information that is visible to others.
Lastly, be careful with whom you share personal information and always verify the legitimacy of the entity before sharing any sensitive information.
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Diego wants to buy a dirt bike. He borrows a $7,999 simple interest loan from the bank
for 36 months at an interest rate of 9.7%.How much simple interest will he pay
Answer:
$ 2,327.709
Explanation:
Only the principal amount is considered when calculating simple interest. In simple interest, the principal amount remains constant. The formula for simple interest is as I = p x i x t
where I = interest
P = principal amount ...
i= interest rate
t= time
For Diego, p= $7,999, i= 9.7% , t 36 months or 3 years
Diego will pay
I= 7999 x( 9.7/100) x 3
I= 7999 x 0.097 x 3
Diego will pay $ 2,327.709
Trisha is working on putting together pictures of all of the best wedding cakes that
she has decorated and designed throughout her culinary career. She is hoping this compilation will help her get a job at the catering company that she has been wanting to work at for years. What is Trisha putting together to show her potential employer?
A. portfolio
B. resume
C. work visa
D. letter of intent
Answer:
A. Portfolio Is the Anwser to the Question
2008 1 Mar Started business with $1,000 cash.
credit or debit
Answer:
The cash a/c is debited as it is an asset for the business and the capital a/c is credited as it is a liability for the business according to the business entity concept.
Williams Auto has a machine that installs tires. The machine is now in need of repair. The machine originally cost $11,400 and the repair will cost $2,400, but the machine will then last two years. The labor cost of operating the machine is $0. 50 per tire. Instead of repairing the old machine, Williams could buy a new machine at a cost of $6,400 that would also last two years; the labor cost would then be reduced to $0. 25 per tire. Williams expects to install 11,400 tires in the next two years. A. Determine the total (two-years) cost for both repairing and replacing the machine
Williams should fix the equipment because it will cost less overall than to replace it.
What is labor cost?Labor expenses are an employer's total out-of-pocket expenditure for hiring employees.
Williams Auto has a machine that installs tires. Even if the equipment needs maintenance, it will only operate for another two years. Operating the machine costs $0.70 per tire in labor. Instead of repairing the old machine.
1. Total cost of Repair = Repair cost + Operating cost
= $1,700+10,700*$0.70
= $1,700 + $7,490
= $9,1902.
2. Total cost to replace = Repair cost + Operating cost
= $5,700+10,700*$0.5
= $5,700+$5,350
= $11,050
Therefore, Williams should repair the machine.
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Tim's $2,500 boat trailer was stolen from his driveway. Ignoring any deductibles, how much can Tim receive for his stolen trailer when he files a claim against his homeowners policy?
Answer:
generally $1,000, but some policies can cover up to $1,250
Explanation:
Home insurance provides only very limited protection to boats or other watercraft that you might own. They are also very specific circumstances under which they will be covered and as long as it happens within your residence. In this case, since the boat trailer was stolen from your driveway you insurance policy will probably cover it, but the amount is relatively small. Most policies will cover only $1,000 and some might even cover up to $1,250, but generally the lesser amount is covered. If you own a boat it is usually recommended to get a boat insurance policy.
This one too clicked by me how's it
Answer:
looks good look gorgeous
generally, a partner obtains compensation from the partnership by
A partner typically receives payment from the partnership using a variety of strategies. Receiving a portion of the partnership's profits, which is usually defined by the partner's ownership percentage or a predetermined allocation agreement, is one popular method.
Depending on the partnership's financial performance, this profit distribution may take place on a regular basis, such as monthly or yearly. Partners may also be paid in the form of guaranteed payments, which are sums of money put aside in advance for their skills or area of expertise. Regardless matter how successful the collaboration is, these payments may still be made. In addition, partners may potentially be compensated for some costs they incurred on the partnership's behalf. The specifics of partner remuneration can vary depending on the partnership agreement and the circumstances, so it's crucial to keep this in mind.
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Prepare journal entries to record these transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) Ivanhoe Company retires its delivery equipment, which cost $52,420. Accumulated depreciation is also $52,420 on this delivery equipment. No salvage value is received. (b)Assume the same information as in part (a), except that accumulated depreciation for the equipment is $37,280 instead of 52,420.
The whole cost of the equipment, $52,420, must still be charged to the Delivery Equipment account. However, since the Delivery Equipment Accumulated Depreciation account only has a balance of $37,280, the loss on disposal of the equipment, which is the difference of $15,140, must be taken into account.
(a) Journal entries to record the retirement of delivery equipment with no salvage value:
Depreciation expense 52,420
Accumulated depreciation - delivery equipment 52,420
(To record retirement of delivery equipment)
Delivery equipment 52,420
Accumulated depreciation - delivery equipment 52,420
(To record the removal of delivery equipment)
The first entry debits the Depreciation Expense account and credits the Accumulated Depreciation - Delivery Equipment account for the full cost of the delivery equipment, indicating that it has been fully depreciated and retired from service. The second entry debits the Delivery Equipment account and credits the Accumulated Depreciation - Delivery Equipment account for the same amount, reflecting the removal of the equipment from the company's records.
(b) Journal entries to record the retirement of delivery equipment with no salvage value, assuming accumulated depreciation is $37,280:
Depreciation expense 15,140
Accumulated depreciation - delivery equipment 15,140
(To record retirement of delivery equipment)
Delivery equipment 52,420
Accumulated depreciation - delivery equipment 37,280
Loss on disposal of delivery equipment 15,140
(To record the removal of delivery equipment)
Therefore, the second entry debits the Delivery Equipment account for $52,420, credits the Accumulated Depreciation - Delivery Equipment account for $37,280, and debits the Loss on Disposal of Delivery Equipment account for $15,140.
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Investor presentations of ________ provide an opportunity for discussions to take place regarding the continuing corporate performance on ________ value creation story and a ________ value creation plan.
Investor presentations of long-term plans provide an opportunity for discussions to take place regarding the continuing corporate performance on a long term value creation story and a long term value creation plan.
how to create a presentation that will attract investment?
Describe your team and yourself,
Put good design first,
Describe the differentiator for your business,
Describe your sales and advertising plan in brief,
Give a high-level summary of the finances.
Which four persuasive elements are there?
Slides and content. Words said by the presenter and their body language make up the presentation's content. One of the main instruments we utilize for presentations and communication in general is our bodies. Voice, authenticity, etc.
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Why would you use ratios when looking at data regarding historic minimum wage income and the price of items?
Select an answer:
Ratios provide the number of items you can buy with each dollar.
Ratios provide an index for the cost of each item.
Ratios let you see the percentage of income for each item.
Ratios let you see how many dollars you will spend on each item
2. Which of the following is NOT an argument for using analog tools when sketching and wireframing?
Select an answer:
speed
aesthetics
avoid fighting software features
real-world scale
3. What is the key in making data and data visualizations relatable?
Select an answer:
providing the right visualizations for the data
understanding your audience and your audience's knowledge
relating your knowledge to the data and the visualizations
making the visualizations on-topic to your data
4. Which is NOT a primary reason to use illustration and iconography in an infographic?
Select an answer:
Simplification
Context-setting
Humor
Tangibility
5. As you are creating visualizations of the relationship between minimum wage and the cost of different items, you see your line chart is difficult to read. What can you use instead?
Select an answer:
a pie chart
a bar chart
a sparkline
a heat map
6. When considering what type of technology to use for your project, which of the following is important to consider?
Select an answer:
your audience
your need to show something complex/custom vs simple/standard
your technical ability
all of these answers
1. Ratios provide an index for the cost of each item
2. Aesthetics
3. Understanding your audience and your audience's knowledge
4. Humor
5. A bar chart
6. all of these answers
1. Why would you use ratios when looking at data regarding historic minimum wage income and the price of items?
Ratios provide an index for the cost of each item when looking at data regarding historic minimum wage income and the price of items. Ratios are used to compare two quantities, and they allow for a more meaningful comparison of different values. By calculating ratios of historic minimum wage income and the price of items, you can obtain an index of the cost of each item.
2. Which of the following is NOT an argument for using analog tools when sketching and wireframing?
Aesthetics is NOT an argument for using analog tools when sketching and wireframing. The use of analog tools is justified by other arguments, including the ability to quickly iterate and experiment, the flexibility to work in different contexts, the avoidance of software distractions, and the focus on the creative process rather than the final product.
3. What is the key to making data and data visualizations relatable?
Understanding your audience and your audience's knowledge is the key to making data and data visualizations relatable. Different audiences have different backgrounds, interests, and levels of knowledge, and the visualizations that work for one audience may not work for another. Therefore, it is important to understand your audience and their knowledge to make your data and visualizations relevant and meaningful for them.
4. Which is NOT a primary reason to use illustration and iconography in an infographic?
Humor is NOT a primary reason to use illustration and iconography in an infographic. Illustrations and iconography are used in infographics to simplify complex information, provide context and explanation, create a visual hierarchy, and make the information more memorable and engaging. While humor can be a useful tool in some cases, it is not a primary reason to use illustrations and iconography.
5. As you are creating visualizations of the relationship between minimum wage and the cost of different items, you see your line chart is difficult to read. What can you use instead?
A bar chart can be used instead of a line chart when the line chart is difficult to read. While line charts are useful for showing trends over time, they can become cluttered and hard to read if there are many data points or if the scale is too small. In such cases, a bar chart can be a better option, as it allows for a clearer comparison of values.
6. When considering what type of technology to use for your project, which of the following is important to consider?
All of these answers are important to consider when considering what type of technology to use for your project. Your audience, your need to show something complex/custom vs simple/standard, and your technical ability are all important factors that can influence your choice of technology. Other factors to consider may include the purpose of the project, the available resources, the timeline, and the scalability of the technology.