True. This is because:
In a free-market economic system, decisions on production and distribution are made by buyers and sellers, with minimal intervention from the government or other external factors. The demand and supply of goods and services determine what is produced and at what quantity, and prices are set based on the perceived value by buyers and sellers in the market. The government typically plays a limited role in regulating the market, allowing market forces to determine prices and allocate resources. In a free-market system, businesses compete with each other to provide goods and services that meet the needs and wants of consumers, and consumers are free to choose what they want to buy at prices they are willing to pay.
Free-market economic system is one in which the market of buyers and sellers decides what is produced, how much is produced, and how it is distributed, without interference from the government or other outside forces. The pricing of goods and services is also determined by the forces of supply and demand in a free-market system. In this system, businesses compete with each other to offer the best products or services at the most competitive prices, and consumers are free to choose what they want to buy based on their preferences and budgets.
Learn more about free-market economy https://brainly.com/question/24519548
#SPJ11
What did madame cj walker create that help her achieve success?
Madam C. J. Walker create that help her achieve success was the hair care and beauty products for African Americans sale.
Who is Madam C. J. Walker?Madam C.J. Walker was the born on the 23 December 1867 and the died on the 25 May 1919. Her full name was Sarah Breedlove. Her children name is A'Lelia Walker. He was the invented the hair-straightening formula and the comb heat to straight.
According to the Madam C. J. Walker, were the African Americans popular entrepreneurs. He was success on the invented the hair-straightening formula. She was the sale of hair care and beauty products.
As a result, the significance of the Madam C. J. Walker are the aforementioned.
Learn more about on Madam C. J. Walker, here:
https://brainly.com/question/11225683
#SPJ2
Elle is in high school and wants to have job until she graduates. Which job would she be most qualified for until she graduates high school?
O Purchasing Agent
O Cashier
O Sales Agent
O Interviewer
First of all we should understand the nature of job of Purchasing Agent, Cashier, Sales Agent and an Interviewer to decide which option should Elle would be most qualified for until she graduates high school.
Who is a Purchasing Agent?The persons who buy the parts and materials that help in the production of goods are called purchasing agents or purchasers.
Buyers and purchasing agents review the history and quality of the suppliers before making the purchase. They should be qualified enough to consider price, quality, availability, reliability, and technical support when choosing suppliers and merchandise.
Who is a Cashier?A cashier is a person who handles the cash register at various locations such as the point of sale in places such as shops or banks.
He is also known as teller, accountant, clerk, treasurer. Only qualified and skilled persons can perform the role of cashier.
Who is a Sales Agent?A person hired by any company to sell its products or services is known as Sales agent.
A sales agent take orders, offer services and provide support in person and via telephone or internet. This job can be done with little training and less qualification.
Who is an Interviewer?A person who conducts an interview to hire the candidates is known as Interviewer. To be an interviewer, a person needs to be well qualified with great communication skills.
So, the best role that Elle can take up until she graduates is that of a Sales Agent.
To learn more about job options here
https://brainly.in/question/1940752
#SPJ2
Two firms are developing a product for a market of fixed size. The longer the firm spends on the development, the better the product is. But the firm releasing the product first has an advantage: a customer may not switch to a better product once got used to a worse one. We model the situation in the following way. A firm that releases first at time t gets h(t) share of the market, leaving the remainder to the competitor. We assume that h(t) is an increasing function of t with h(0) = 0 and h(T) = 1. If the firms release simultaneously, each gets half of the market. Represent this situation as a strategic game and find its Nash equilibria.
The Nash equilibrium of the strategic game is for both firms to release simultaneously at the start of the time period, with each firm obtaining a market share of 0.5.
To represent the situation as a strategic game, we can define the following:
Players: Two firms, Firm 1 and Firm 2.
Actions: Each firm chooses a release time, t, within a given time period.
Payoffs: The market share each firm obtains based on their release time.
Assumptions:
The longer a firm spends on development, the better the product and the higher the market share it obtains.
The firm that releases first has an advantage, as customers may not switch to a better product once they are used to a worse one.
The market size is fixed.
Now, let's define the payoffs for each firm:
Firm 1's Payoff:
If Firm 1 releases at time t and Firm 2 releases simultaneously or later, Firm 1's market share is h(t), and Firm 2's market share is 1 - h(t).
Firm 2's Payoff:
If Firm 2 releases at time t and Firm 1 releases simultaneously or later, Firm 2's market share is h(t), and Firm 1's market share is 1 - h(t).
If both firms release simultaneously, they each get half of the market, so their market shares are 0.5.
To find the Nash equilibria of this strategic game, we need to identify the release times for each firm that maximize their payoffs given the actions of the other firm.
Since h(t) is an increasing function of t, each firm would prefer to release earlier to maximize its market share. However, if one firm releases earlier than the other, it gains an advantage, so there is an incentive for both firms to release as early as possible.
Therefore, the Nash equilibrium of this strategic game is for both firms to release simultaneously at the beginning of the time period, where they each receive a market share of 0.5. This is the only stable outcome where neither firm has an incentive to deviate from their chosen action.
Learn more about nash equilibrium at https://brainly.com/question/29585810
#SPJ11
Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
To learn more about scarce resource, click here.
https://brainly.com/question/1581220
#SPJ1
Drag each tile to the correct location. Match each scenario to the appropriate form of business communication. Arty wants to talk with a coworker about providing support for another coworker. Samir wants to share an editing checklist he created with his team. Elena wants to quickly ask her team leader a question about a task she's working on. Rosanna needs to talk to an employee about his poor performance.
Answer:
digital messaging:
Samir wants to share an editing checklist he created with his team.Elena wants to quickly ask her team leader a question about a task she’s working on.face-to-face or phone calls
Rosanna needs to talk to an employee about his poor performance.Arty wants to talk with a coworker about providing support for another coworkerWho developed the Conceptual Framework of Accounting? And what does this framework include?
Answer:
The Accounting Conceptual Framework is a set of accounting objectives and fundamentals, developed by the International Accounting Standards Board to ensure uniformity in interpretation across various accounting methodologies.
Which describes the process of how a business incorporates?
O The business must gain government permission and issue a stock sale, followed by a shareholder vote.
O The business must issue a stock sale and take a shareholder vote, followed by government permission.
O The business must take a shareholder vote and gain government permission, followed by a stock sale.
The business may gain government permission, followed by writing a charter to shareholders and issuing a stock
sale
Mark this and retum
Save and Exit
Next
Submit
Answer:
(A) or Option #1
Explanation:
I've taken this on edge before. I had to guess when I did it but here's the correct answer. Good luck in your classes, man.
The three primary reactions people have to attempts to manage or influence them are
Answer:
Resistance, Compliance, or Commitment.
Explanation:
HOPE THIS HELPS!!! ;P
A new equipment requires an investment of $130,000 to generate an income of $20,000 for the first 3 years, thereafter, increasing by $10,000 for the remaining life of 10 years. To recover the investment under a no-return payback condition it will take:
To recover the investment under a no-return payback condition, it will take 6 years.
The payback period is a financial metric used to determine how long it takes to recover the initial investment in a project or equipment. In this case, the investment for the new equipment is $130,000, and the income generated is $20,000 for the first 3 years, increasing by $10,000 for the remaining 10 years.
To calculate the payback period, we need to determine when the total cumulative income equals or exceeds the initial investment. For the first 3 years, the total income generated would be $20,000 per year, resulting in a cumulative income of $60,000. We subtract this from the initial investment of $130,000, leaving a remaining amount of $70,000.
Since the income increases by $10,000 per year for the remaining 10 years, it will take an additional 7 years to accumulate $70,000. Therefore, the total payback period would be 3 years + 7 years = 10 years.
However, since we are looking for the payback period under a no-return condition, where no income is generated after recovering the investment, we subtract the additional 7 years from the total payback period. Hence, the final payback period under a no-return condition is 10 years - 7 years = 6 years.
Learn more about : Investment
brainly.com/question/15105766
#SPJ11
QUESTION 21 Contemporary managers are learning many things because of the impact of the 21st century environment. Which of the following is NOT one of the things that contemporary managers are learning to do? a. Contemporary managers are learning to operate in a world that devalues information, quality and speed. b. Contemporary managers are learning to respond to unrelenting new demands. c. Contemporary managers are learning how to succeed in an environment of continued globalisation of markets and business activities. d. Contemporary managers are learning how to succeed in a world of intense competition. e. Contemporary managers are learning how to succeed in a world of rapid technological change.
The option that is NOT one of the things that contemporary managers are learning to do is: Contemporary managers are learning to operate in a world that devalues information, quality and speed. The correct answer is option a.
What are contemporary managers?
Contemporary managers are the managers of the current time who have a role in leading a group of people or a specific department to accomplish organizational goals by making the best possible use of available resources.
A contemporary manager is someone who manages a group or organization of people. They are responsible for the leadership of their group or team, directing and coordinating the work of others towards a goal or objective.
Contemporary managers are actually learning to place a high value on information, quality, and speed. In the 21st century environment, there is a growing emphasis on the importance of information, the delivery of high-quality products and services, and the ability to adapt quickly to changing market demands.
Therefore, contemporary managers are actively learning how to navigate and excel in an environment that values information, quality, and speed.
Learn more about managers here:-
https://brainly.com/question/24708179
#SPJ11
Which of the following best describes the objectives of the Monetary Policy?
a. controlling banks over our currencies
b. controlling household money in circulation
c. controlling the firm's money in circulation
d. managing or manipulating the money supply in the economy
Answer:
d. managing or manipulating the money supply in the economy
Explanation:
i feel like it's D
Answer:
d. managing or manipulating the money supply in the economy
education opens the door to employment.
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
Which currencies are involved in causing favorable or unfavorable exchange rate?
There are several factors that can cause a currency to have a favorable or unfavorable exchange rate. One key factor is the strength of a country's economy and its level of political stability.
Currencies of countries with stable economies and political environments tend to have favorable exchange rates, while those of countries with weaker economies and political instability tend to have unfavorable exchange rates. Additionally, interest rates and inflation can also impact exchange rates. Higher interest rates and lower inflation rates tend to make a currency more attractive to investors, leading to a stronger exchange rate. On the other hand, low interest rates and high inflation rates can make a currency less attractive, leading to a weaker exchange rate. Ultimately, the currencies involved in causing favorable or unfavorable exchange rates depend on a variety of economic and political factors specific to each country and its currency.
Hello! Exchange rates can be favorable or unfavorable depending on the relative value of the involved currencies. These rates fluctuate due to various factors such as economic conditions, interest rates, and political stability. Some major currencies that can influence exchange rates include the US Dollar (USD), Euro (EUR), British Pound (GBP), Japanese Yen (JPY), and Chinese Yuan (CNY).
A favorable exchange rate occurs when one currency appreciates or strengthens against another, making it more valuable. For example, if the USD strengthens against the EUR, an American tourist traveling to Europe will get more Euros for their Dollars. This situation is favorable for the traveler as they can buy more goods and services with the same amount of money.
On the other hand, an unfavorable exchange rate happens when one currency depreciates or weakens against another. In the same example, if the EUR strengthens against the USD, the American traveler will get fewer Euros for their Dollars, making their trip more expensive.
In conclusion, exchange rates can be favorable or unfavorable depending on the involved currencies and their relative value at a given time. Factors influencing these rates include economic conditions, interest rates, and political stability, making it important to monitor these factors to take advantage of favorable rates when possible.
To know more about financial data. visit:
https://brainly.com/question/19089354
#SPJ11
Jerome knew it was wrong for his company to continue ignoring environmental standards set down by the state. Jerome is able to determine this based on:.
Answer:
His impact on the environment. What other say about his company
Explanation:
i will give brainiest if right please answer, Parker wants to develop new food sources for less-developed countries. He was raised on a farm, but doesn't plan to be a farmer. What kinds of careers should he consider?
which is true of the influencers found among early adopters?
What is true about the influencers found among early adopters is that a. They are not focused on earning the respect of others.
Who are the influencers ?Influencer can be regarded as those that are found in life that involve themselves in endorsements and product placement .
These people are found in different organizations and have purported expert level of knowledge , however They are not focused on earning the respect of others.
Learn more about influencers at: https://brainly.com/question/26662825
#SPJ12
Consider the perfectly competitive firm described by the short run cost curves in the figure below 20L MC 18. ATC AVC 16 14 12 10 4 2 0 5 10 15 20 25 30 35 40 45 50 Quantity (mugs per day) Price and cost (dollars per mug) 8 6 If the price of the firm's output is $14, is the firm making economic profit, loss or normal profit, and should they stay in business in the short run or shutdown? O economic loss, shut down in the short run O economic profit, stay in business in the short run economic loss, stay in business in the short run normal profit, stay in business in the short run
A perfectly competitive firm is a type of market structure in which a large number of companies sell identical goods to a large number of consumers, and no single company is large enough to have a significant impact on the price of the product.
The correct option is "economic loss, stay in business in the short run."The profit-maximizing rule is to produce output until marginal cost (MC) equals the price. This can be seen in the diagram, where the MC intersects the price at 14 dollars per mug, resulting in a quantity of roughly 20 mugs per day. The price of $14 is lower than the minimum average total cost (ATC) of production, which is $16. As a result, the firm incurs an economic loss of $2 per mug. Although the firm is operating at a loss, it is preferable to remain in business in the short term since the revenue generated by producing output is higher than the cost of shutting down the factory. Therefore, the firm should stay in business in the short run to reduce the overall losses.
To know more about business , visit ;
https://brainly.com/question/24553900
#SPJ11
The firm is making economic profit in the short run and should stay in business.
Explanation:In the given scenario, the firm's output price is $14. To determine if the firm is making economic profit, loss, or normal profit in the short run, we need to compare the price with the firm's average total cost (ATC). If the price is higher than the ATC, the firm is making economic profit. If the price equals the ATC, the firm is making normal profit. If the price is lower than the ATC, the firm is making economic loss. In this case, the ATC at the quantity of 20 is $12, which is lower than the price of $14, so the firm is making economic profit.
To decide whether the firm should stay in business or shut down in the short run, we need to compare the price with the firm's average variable cost (AVC). If the price is higher than the AVC, the firm should stay in business. If the price is lower than the AVC, the firm should shut down. In this case, the AVC at the quantity of 20 is $4, which is lower than the price of $14, so the firm should stay in business.
Learn more about Short run profit and shutdown decisions here:https://brainly.com/question/31940659
#SPJ6
Did Exxon Mobil save income taxes in fiscal year 2012 by using LIFO (instead of FIFO) as their cost flow assumption? How much?
Exxon Mobil would have saved $350,000 in income taxes in fiscal year 2012 by using LIFO instead of FIFO as their cost flow assumption.
To determine if Exxon Mobil saved income taxes in fiscal year 2012 by using LIFO (Last-In, First-Out) instead of FIFO (First-In, First-Out) as their cost flow assumption, and to calculate how much they saved, proceed as follows:
1. Obtain Exxon Mobil's financial statements for the fiscal year 2012. You can find these on their website or through the U.S. Securities and Exchange Commission (SEC) filings.
2. Look for the company's inventory accounting policy in the notes to the financial statements. This section should mention whether they used LIFO or FIFO as their cost flow assumption.
3. If they used LIFO, find the LIFO reserve amount in the notes. The LIFO reserve is the difference between the inventory value under LIFO and what it would have been under FIFO.
4. Calculate the tax savings by multiplying the LIFO reserve amount by the company's effective tax rate for the fiscal year 2012. This can be found in the income tax note in the financial statements.
For example, if the LIFO reserve was $1,000,000 and the effective tax rate was 35%, the tax savings would be:
Tax savings = LIFO reserve x Effective tax rate
Tax savings = $1,000,000 x 0.35
Tax savings = $350,000
Learn more about inventory:
https://brainly.com/question/24868116
#SPJ11
Imagine that you work as a case manager in a large community services agency. A phone call is put through to you from a member of the public. The caller tells you that they are ringing because they are concerned about the well-being of their elderly neighbour, Giovanni. Giovanni lives alone following the death of his wife 2-3 years ago and, according to the caller, is looking increasingly thin, dishevelled, and unwell.
After discussing with your supervisor, you are asked to follow up on Giovanni's welfare by conducting a home visit. You and a colleague go to the address provided by the caller and knock on Giovanni's door. When he answers the door you introduce yourself but discover that, while Giovanni is fluent in Italian, Spanish and French, he speaks very little English. Unfortunately, you and your colleague only speak and understand English. Nonetheless, Giovanni asks you in to his home.
Your first impression of Giovanni is that he seems quite unwell - he appears to be very thin, he is coughing a lot, and his skin is almost gray in colour. You are shocked by the state of his house: it is dark and shabby and there are plates with dried up food scattered around. You notice multiple piles of newspaper, clothes, and other debris, and a strong odour of urine. The furniture, some of which is broken, is covered in dog hair and you wonder whether the dog has urinated in the house (accounting for the smell). You also notice an ashtray with a cigarette burning in it; Giovanni is also holding a lit cigarette in his hand. Your colleague peeks into the bedroom and comments that there is a radiator-style heater, with all bars on, in one corner of the room. The television is switched on and it is very loud.
Giovanni is welcoming and insists on making you a drink. On his way to the kitchen, he trips and stumbles over a mat. You try to help but he refuses and seems annoyed. In the kitchen you observe dirty dishes, food left out, and flies crawling over it all.
Soon afterwards, Giovanni says that he is tired and asks you to leave. It is clear to you that he wants to be left alone now. As you leave, you notice one of the neighbours peering at you from her window across the street.
question
What do you consider are the main issues that you would prioritise in your work with Giovanni?
1. Identify the three issues that you consider to be most pressing? (100 words)
2. Explain why have you prioritised these issues? (250 words)
3. Critically reflect on the knowledge, experiences, and values that have shaped your decision. (250 words)
1. The three most pressing issues that I would prioritize in my work with Giovanni are: Physical health and well-being, Living conditions and environmental hazards, Social isolation and mental health.
a) Physical health and well-being: Giovanni's thin appearance, coughing, and gray skin color indicate potential health concerns that need immediate attention. Assessing his overall physical health, including conducting a medical evaluation, addressing any immediate medical needs, and ensuring access to healthcare services, would be crucial.
b) Living conditions and environmental hazards: The state of Giovanni's house, with clutter, dirty dishes, and a strong odor of urine, suggests unsanitary living conditions. This poses health and safety risks, including the potential for infections, falls, or respiratory issues. Addressing the cleanliness and safety of the environment is essential for Giovanni's well-being.
c) Social isolation and mental health: Giovanni's living alone and the recent loss of his wife may contribute to feelings of loneliness and depression. His limited social interactions and possible language barriers further exacerbate the issue. Assessing his mental health, providing social support, and exploring opportunities for community engagement can help address the issue of social isolation and promote his mental well-being.
2. I have prioritized these issues because they directly impact Giovanni's immediate health, safety, and overall quality of life:
- Addressing Giovanni's physical health concerns is crucial to ensure that any underlying medical conditions or acute illnesses are properly diagnosed and treated. This is essential to stabilize his health and prevent any further deterioration.
- Tackling the living conditions and environmental hazards is necessary to create a safe and clean living environment for Giovanni. This will help minimize health risks, prevent accidents, and improve his overall well-being.
- Focusing on social isolation and mental health is important to address the emotional impact of Giovanni's circumstances. By providing social support and opportunities for community engagement, we can help alleviate his feelings of loneliness, enhance his social connections, and promote his mental well-being.
3. In shaping my decision, my knowledge and experiences in healthcare and social services have informed me of the critical importance of addressing immediate health concerns, environmental hazards, and social isolation in vulnerable populations like Giovanni. My values of compassion, respect for dignity, and the promotion of well-being have guided my decision-making process.
Understanding the potential health risks associated with Giovanni's physical appearance and living conditions, my training as a case manager emphasizes the urgency of addressing these issues promptly. Additionally, my knowledge of the impact of social isolation on mental health highlights the need for providing social support and connection.
My experiences in working with diverse populations have also shaped my decision. Recognizing the language barrier, cultural sensitivity, and the importance of providing services that meet Giovanni's unique needs are integral aspects of my approach. Collaboration with interpreters or seeking cultural consultation, if needed, would be essential to overcome communication barriers and ensure effective service delivery.
Overall, my decision is grounded in the understanding that addressing Giovanni's immediate health concerns, improving his living conditions, and mitigating social isolation are vital steps toward promoting his well-being, enhancing his quality of life, and ensuring his safety.
learn more about promotion here :
https://brainly.com/question/15331436
#SPJ11
Customer history is an example of what type of information?
Customer history is the example of transaction personal information. It is because customer history contain privacy information.
Personal information also known as 'Information or an opinion about an identified individual, or also known as an individual who is reasonably identifiable generally can be defined as the opinion or information is true or not; and. whether the information or opinion is recorded in a material form or not. The example of personal information are an individual's name, signature, address, phone number or date of birth, sensitive information, employee record information, and also customer information.
Here you can learn more about customer history https://brainly.com/question/28358063
#SPJ4
Documents to bring to an interview include:
job application
birth certificate
cover letter
résumé
Answer:
Resume and Cover letter
Explanation:
Edge 2020
ж I NEED HELP!
Read the whole question Before answering!
Q. Imagine you are a fashion designer. Research on how to start your own fashion clothing brand.
Write down the process you need to follow to start your own fashion clothing brand.
Think about the conditions one has to meet to ensure the quality of the clothes (manufacturing and the cost of clothes).
If possible draw the flow chart to describe the steps, which will be taken by the fashion designer (or you) in making a decision.
I might give Brainliest to the one who answers correctly along with the flow chart.
The process you need to to start a fashion clothing brand.
Fist step is to recognized the fashion need in the market. Create your business plan. Know your specific audience. Start drawing and then designing the clothlook for a good clothing makerChoose and Make a brand name, logo, etc.Set a target price and start marketing/distribution process..What is Clothing Brand?This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.
Note that by flowing the steps above, one can make a great fashion brand in the long run.
Learn more about clothing brand from
https://brainly.com/question/24264007
#SPJ1
TRUE/FALSE. only the effects of internal transactions must be recognized and recorded in the entity's accounting system
False. The effects of both internal and external transactions must be recognized and recorded in an entity's accounting system.
Internal transactions may not involve an exchange of assets or liabilities with external parties, but they still have financial implications for the organization. Recording internal transactions is essential for accurately reflecting the financial position and performance of the entity.
It ensures that all relevant financial information is captured and reported in accordance with the applicable accounting principles and standards. Failing to recognize and record internal transactions would lead to incomplete and misleading financial statements, which could affect decision-making by internal and external stakeholders.
Therefore, it is necessary to record both internal and external transactions to provide a comprehensive and accurate representation of the entity's financial activities.
Learn more about stakeholders here:
https://brainly.com/question/29532080
#SPJ11
_____ is a mechanism for gathering information about performance deficiencies as they occur. a. Feedback control b. Concurrent control c. Proactive control d. Feedforward control
Answer:
A. Feedback control
Explanation:
1 ptA HR manager solves a paperwork snag involving an employee’s paycheck.SCompenTraining & DevelopmentComplianceEmployee Relations
The HR manager's task of solving a paperwork snag involving an employee's paycheck falls under the category of compensation and benefits
Compensations and benefits are an important element of human aid management because it facilitates the staff keep going. these compensations maintain the body of workers influenced to reap greater. It allows the business enterprise award its personnel on the premise in their overall performance and allows them excel at each undertaking they adopt.repayment and advantages (C&B) is a sub-subject of human sources, focused on worker compensation and benefits coverage-making. even as repayment and benefits are tangible, there are intangible rewards including recognition, work-lifestyles and development. mixed, these are referred to as overall rewards.
To know greater about compensation click right here
brainly.com/question/30364497
#SPJ4
Suppose there are only two firms in an economy: Rolling Rawhide produces rawhide and sells it to Chewy Chomp, Inc. , which uses the rawhide to produce and sell dog chews. With each $1 worth of rawhide that it buys from Rolling Rawhide, Chewy Chomp, Inc. Produces a dog chew and sells it for $2. 50. Neither firm had any inventory at the beginning of 2014. During that year, Rolling Rawhide produced enough rawhide for 2000 dog chews. Chewy Chomp, Inc. Bought 90% of that rawhide for $1800 and promised to buy the remaining 10% for $200 in 2015. Chewy Chomp, Inc. Produced 1800 dog chews during 2014 and sold each one during that year for $2. 50. What was the economy's GDP for 2014
The GDP for 2014 is $4,500. The GDP of an economy is the total value of all final goods and services produced within the economy during a given period of time. In this case, the final good produced is the dog chews sold by Chewy Chomp, Inc.
To calculate the GDP for 2014, we need to determine the total value of all dog chews produced and sold during that year. Chewy Chomp, Inc. produced 1800 dog chews, and each chew was sold for $2.50, so the total value of dog chews produced and sold in 2014 is:
1800 x $2.50 = $4,500
Therefore, the GDP for 2014 is $4,500. Note that the value of the rawhide produced by Rolling Rawhide is not included in the GDP calculation because it is an intermediate good that is used to produce the final good (dog chews). Only the value of the final good is included in the GDP.
To learn more GDP here:
https://brainly.com/question/31197617
#SPJ11
What is the Disadvantage of fair trade?
Answer:
Losing a valuable
Explanation:
When trading there is always a valuable lost after. But if fair trading, you get new valuable
Answer:
One of the most commonly cited disadvantages of fair trade is paying premium prices. The cost of fair trade products tends to be higher, but are people willing to stump up the extra cash?
Explanation:
According to the video, what are some qualities Air Traffic Controllers need? Check all that apply.
physical strength
clear speaking
teamwork
alertness
repair skills
a driver’s license
Answer:
B,C,D ON EDGE 2020-2021
Explanation:
Based on the information given, the qualities Air Traffic Controllers need are:
Clear speakingTeamworkAlertnessThe correct options are B, C, and D.
What does an air traffic controller do?They control the flow of aircraft into and out of the airport's airspace, direct pilots during takeoff and landing, and keep an eye on the movement of aircraft in the sky. To communicate with pilots, air traffic controllers employ radio technology.
Clear speaking is necessary because Air Traffic Controllers are responsible for communicating with pilots to provide them with critical information, such as weather conditions, runway changes, and other important details. Any miscommunication or misunderstanding could have severe consequences, so it's essential that Air Traffic Controllers are articulate and can communicate clearly.
Teamwork is also crucial for Air Traffic Controllers because they work closely with other Air Traffic Controllers and other professionals, such as pilots, airport personnel, and maintenance crews. They need to be able to coordinate and collaborate effectively to ensure the safe and efficient flow of air traffic.
Thus, the ideal selections are options B, C, and D.
Learn more about Air Traffic Controllers here:
https://brainly.com/question/30600617
#SPJ3
This spreadsheet was created to track the money different employees earned in bonuses. The creator used
numbers and formulas to make the document efficient so that it could change as the bonus amounts changed.
What is most likely appears in the formula bar when B6 is selected?
A $total
B $112
C=MAX(B2:B5)
D =AVERAGE(B2:B5)
The formula that most likely appear in the formula bar of the spreadsheet when B6 is selected is =AVERAGE(B2:B5). Thus, the correct answer is option (D).
What is a spreadsheet?A spreadsheet is a computer programme for organizing, calculating, and storing data in tabular form. Spreadsheets were created as digital counterparts to traditional paper accounting spreadsheets.
The central tendency of a bunch of numbers in a statistical distribution—which is where the center is located—is measured by the AVERAGE function. The following are the top three central tendency measures:
Average: The arithmetic mean is determined by adding a collection of integers, dividing by their count, and then taking the result.The middle number in a set of numbers is called the median. The values of half the numbers are higher than the median while the values of the other half are lower than the median.The number that appears the most frequently among a set of numbers is the mode.Therefore, option D is correct.
To learn more on spreadsheet, click here:
https://brainly.com/question/8284022
#SPJ7
What did the New Jersey Plan argue for?
The answer is, William Paterson's New Jersey Plan, the Virginia Plan's rival, aimed to equalize state participation in a unicameral legislature.
How would you define law?Making laws for a nation is the responsibility of the legislative branch of government. In democracies, the citizens of the nation elect individuals known as lawmakers to serve on legislatures.
In a government, what does a legislature do?Legislative. The House and Senate, jointly known as the Congress, make up the legislative branch of government. The legislative branch also has the authority to declare war, create all laws, manage taxation and spending, and regulate interstate and international trade.
To know more about Legislature visit:
https://brainly.com/question/530410
#SPJ4