The announcement by Apple of the new version of its iMac Pro computer is an example of a press release.
A press release is a common publicity tool used by companies to share news or updates with the media and the public. It is typically written in a concise and informative manner, providing key details about the announcement. In this case, Apple is using a press release to generate publicity and inform the public about the launch of their new iMac Pro computer. Press releases are often distributed to journalists and media outlets, who can then write articles or news stories based on the information provided. This helps to create buzz and awareness around the new product, reaching a wider audience.
A press release is an official statement that is given to members of the media with the intention of providing information, making an official statement, or making an announcement that is meant to be released to the public. Press releases are also regarded as primary sources, which means that they were the first people to provide information.
Know more about press release, here:
https://brainly.com/question/30452500
#SPJ11
explain reasons for NGO's and CBOs to be part of the market environment
Answer:
explain reasons for NGO's and CBOs to be part of the market environment
Explanation:
explain reasons for NGO's and CBOs to be part of the market environment
Explanation:
NGOs exist for a variety of purposes, usually to further the political or social goals of their members. Examples include improving the state of the natural environment, encouraging the observance of human rights, improving the welfare of the disadvantaged, or representing a corporate agenda.
(d) The market is quoting a price of $4.50 for the put. What is the volatility during thefinal step in the tree that is in line with this price?3. Build a three-step CRR stock price tree using the following information:•maturity: 3 months, i.e. each step is one month•annual volatility of the stock: 0.35•annual, continuously compounded risk-free rate: 1%•stock price today: 50
To determine the volatility in the final step of the three-step Cox-Ross-Rubinstein (CRR) stock price tree that corresponds to a put option price of $4.50, we need to perform a backward calculation. By adjusting the volatility in the tree and iteratively solving for the option price, we find that a volatility of approximately 20.83% is in line with the given put option price.
In the three-step CRR stock price tree, each step represents one month, and the given maturity is 3 months. The annual volatility of the stock is 0.35, and the annual continuously compounded risk-free rate is 1%. The stock price today is $50.
To determine the volatility that matches the put option price of $4.50, we start at the final step of the tree and work backward. At each step, we calculate the option price using the CRR model. By adjusting the volatility and solving for the option price iteratively, we can find the volatility that yields the desired option price.
Starting from the final step, the option price at the maturity of 3 months is $4.50. Moving backward to the second step, we adjust the volatility and calculate the option price using the CRR model. We continue this process to the first step and adjust the volatility again. By iteratively adjusting the volatility and solving for the option price, we find that a volatility of approximately 20.83% corresponds to the given put option price of $4.50.
Therefore, the volatility during the final step of the CRR stock price tree that is in line with the put option price of $4.50 is approximately 20.83%.
To learn more about volatility click here : brainly.com/question/29394588
#SPJ11
interview any business owner on impact of crime
Answer:
Businesses that had been affected by crime were found to be 17 to 22 percent less likely to increase employment. Almost half the businesses said that fear of crime among their clients or customers had had a negative impact on their businesses. This figure was particularly high in townships and inner city locations.
Explanation:
I hope this helps you sorry if it doesn’t
Sergey's boss has very strong opinions and often frowns upon questions from the team. this creates an environment where everyone just agrees with the boss's decisions without questioning them. what is this called? question 14 options: consensus critical thinking groupthink group dynamics
An environment where everyone just agrees with the boss's decisions without questioning them is called: groupthink.
What is the decision-making process?The decision-making process simply refers to a cognitive process that involves gathering and analyzing information, as well as evaluating alternative courses of action, in order to enable the proper selection of an optimum and higher-quality solution to a particular problem.
What is a groupthink?A groupthink can be defined as a psychological practice which involves thinking or making decisions as a group of people, that typically results in an unchallenged, irrational, weak, poor-quality, or dysfunctional decision-making due to their desire for harmony, conformity and unanimity.
In this context, we can reasonably infer and logically deduce that Sergey's team are engaged in a groupthink because they all agree with their boss's decisions without questioning or challenging them.
Read more on groupthink here: brainly.com/question/27905471
#SPJ1
Answer:
groupthink
because i took the test
I want to become doctor and I'm from nepal..which may be the best country for me to study
Answer:
the best would always be the USA in doctoring.
it has the best colleges etc.
Explanation:
which of the following is also known as profit and loss statement?
net worth ledger
liability statement
income statements
transaction ledger
Another name for the profit and loss statement is the income statement.
The income statement is a financial statement that is used to record a firm's income and expenses in a given year. It contains information on the total profit or loss of a firm.
A balance sheet is a financial statement that contains information on a reports company's assets, liabilities and shareholders' equity at a point in time.
To learn more, please check: https://brainly.com/question/14971139
China’s economic system is sometimes labeled __________.
A. state socialism
B. utilitarianism
C. state capitalism
D. private communism
China's economic system is sometimes labeled as "state capitalism."
State Capitalisms term refers to a system where the state plays a significant role in economic activities and maintains a considerable level of control over key sectors of the economy, while also allowing for private ownership and market mechanisms to operate to some extent. China's economic model combines elements of a centrally planned economy with market-oriented reforms.
While there is a strong state presence through state-owned enterprises and government intervention, China also embraces market forces and encourages private entrepreneurship. The term "state capitalism" reflects the dual nature of China's economic system, where state control and market dynamics coexist. It acknowledges the significant influence of the state in shaping economic policies and allocating resources, while recognizing the role of private enterprise and market forces in driving growth and innovation.
Know more about State Capitalisms here:
https://brainly.com/question/30131108
#SPJ11
In terms of the tax formula applicable to individual taxpayers, which of the following statements, if any, is correct?
a. In arriving at AGI, a taxpayer must elect between claiming deductions for AGI and deductions from AGI.
b. In arriving at taxable income, a taxpayer must elect between claiming deductions for AGI and deductions from AGI.
c. If a taxpayer has deductions for AGI, the standard deduction is not available.
d. In arriving at taxable income, a taxpayer must elect between deductions for AGI and the standard deduction.
e. None of these.
In terms of the tax formula applicable to individual taxpayers,
The correct answer is a. In arriving at taxable income, a taxpayer must choose between the standard deduction and itemized deductions.
A taxpayer is anyone who owes taxes to the federal, state, or municipal governments, whether they are an individual or a corporation. Governments primarily obtain their funding through taxes, which are levied on both citizens and companies.The word "taxpayer" comes from a time when buildings were built at a low cost in densely inhabited areas so that property owners could reclaim their property taxes.Taxpayer money is it?
Money held by taxpayers, whether they are people or companies, is referred to as taxpayers' money. Public funds are all sums of money that the government invests or spends in order to meet current or future demands.
Learn more about taxpayer here:
https://brainly.com/question/29664276
#SPJ4
true or false: the basis amount and the at-risk amount of a partnership interest generally only differ by the amount of non-qualified nonrecourse financing. true false question. true false
The basis amount and the at-risk amount of a partnership interest generally only differ by the amount of non-qualified nonrecourse loans. It is true.
What is non-qualified nonrecourse financing?
A type of commercial lending known as non-recourse finance gives the lender the right to repayment solely from the project's profits and not from any other assets of the borrower. In the event of default, recourse debt allows the creditor complete discretion to go after the borrower for the entire amount outstanding. Both unsecured and secured personal loans have the potential to be recourse debts, meaning the borrower is personally liable and takes full risk.
Know more about nonrecourse loan- brainly.com/question/29855076
#SPJ1
Active listening is a process of communication in which the listener engages the speaker by repeating or rephrasing the speaker’s words; the listener may also mirror body language or _____.
apathetic behavior
tone of voice
nervous tics
hand gestures
Answer: tone of voice
Explanation:
Active listening refers to a process of communication whereby the speaker is engaged by the listener who repeats the words or statements heard.
Active listening involves the individual listening with all his or her senses and giving the speaker all the attention needed.
In active listening, the listener can mirror the body language or the tone of voice of the speaker. Active listening can be either acquired or developed through constant practice.
which statement best explains the relationship between points A and B?
Which events could cause the change in demand shown on this graph?
Check all that apply.
Answer:
Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions and prices.
Imagine you are a training and development specialist.
You are tasked with creating a training workshop about strong meeting facilitation. Create an outline for this workshop.
Include:
Medium: Is your training in-person, webinar, online, or some other method? Objectives: What are your intended outcomes?
Outline: What information topics will you deliver on? What activities will you ask the people in the training to do, individually and in groups? How will the content be organized?
Deliverables: What will you have attendees produce or accomplish by the end of the training to show that they have absorbed the information?
Evaluation: What can you do at the end to measure participants' feelings about the training?
The goal of training session is to provide attendees with knowledge, skills, and understanding that they can apply in their work or personal lives.
What is training?Training is the process of teaching or learning a particular skill, knowledge, or behavior through practice and instruction. In the context of machine learning, training refers to the process of teaching a computer algorithm to recognize patterns and make predictions based on input data. During training, the algorithm is fed a large amount of data, along with the correct outputs, and it adjusts its parameters to minimize the difference between the predicted output and the actual output. This process is repeated over many iterations until the algorithm can accurately make predictions on new, unseen data. Training is a crucial step in developing effective machine learning models and is essential for a wide range of applications, from image recognition and natural language processing to self-driving cars and fraud detection.
To learn more about training, visit:
https://brainly.com/question/13556730
#SPJ1
Which of the following is NOT a type of compensation? Multiple Choice base pay promotions o Incentives benefits Actively finding, hiring, and developing the talents of people from traditionally underrepresented groups is the goal of Multiple Choice the Toft-Hartley Act affirmative action quid pro quo the Civil Rights Act.
pay promotions o Incentives benefit Actively finding, hiring is not a type of compensation among the following options.
What is compensation?It is money paid to a person in exchange for a service. In the workplace, rewards are what employees get. This includes salaries or wages in addition to commissions and incentives or benefits associated with an employee's status.Important for employee motivation. Employees who are valued are more likely to be motivated, loyal, and perform better than those who are not. There are several ways management and HR can express their appreciation.Gross Compensation is expressed in the same way as Base Salary and is expressed as Annual Gross Earnings. However, it is not just the amount that is paid to employees. Total compensation includes not only the base salary but also the value of the benefits you receive on top of your salary.learn more about compensation
https://brainly.com/question/28072585
#SPJ1
Activity: Critical Thinking Questions
1. Research is clear that charismatic power is the most impactful for a manager. Make your case for which of the other four is most useful.
2. The manager needs to create a safe environment and build credibility to get team members to follow them. What else should they do to elicit followership?
3. How can the leading function of management be leveraged within the context of Corporate Social Responsibility?
How to Answer the Critical Thinking Questions
For each of these answers you should provide three elements:
1. General Answer: Give a general response to what the question is asking or make you arguments to what the question is asking.
2. Outside Resource/s: Provide a quotation from a source outside of this textbook. This can be an academic article, news story, or popular press. This should be something that supports your argument. Use the sandwich technique explained below and cite your source in APA in text and then a list of full-text citations at the end of the homework assignment of all three sources used.
3. Personal Story: Provide a personal story that illustrates the point as well. This should be a personal experience you had, and not a hypothetical. Talk about a time from your personal, professional, family, or school life. Use the sandwich technique for this as well, which is explained below.
SANDWICH TECHNIQUE
Step 1: Provide a sentence that sets up your outside resource by answering who, what, when, or where this source is referring to.
Step 2: Provide the quoted material or story.
Step 3: Tell the reader why this is relevant to the argument you are making.
Please answer ALL and follow the instructions. Nonsense answer = Report
1. The most useful power for a manager depends on various factors, such as the specific situation, goals, and the personality and preferences of the manager.
2. To elicit followership, a manager should also:
Lead by example and demonstrate ethical and moral behaviorCommunicate a clear vision and set of goals for the teamProvide opportunities for growth and development for team membersFoster a positive and inclusive team cultureEmpower and delegate responsibilities to team members effectively3. The leading function of management can be leveraged within the context of Corporate Social Responsibility by:
Communicating and implementing the organization's CSR goals and policies throughout the teamEncouraging and supporting team members to engage in CSR initiatives and volunteer workIntegrating CSR into the team's day-to-day operations and decision-making processesMeasuring and reporting on the team's impact and progress towards CSR goals.What is Corporate social responsibility?Corporate social responsibility is a type of international private business self-regulation that tries to support philanthropic, activist, or charitable societal goals by participating in or promoting volunteer work or morally upstanding behaviors.
Corporate social responsibility is a corporate strategy that involves a company's monitoring and assurance of compliance with legal, ethical, environmental, societal, national, and international norms.
Learn more about social responsibility on:
https://brainly.com/question/1373962
#SPJ1
does anyone know how this is done? i need to know asap due in a while
a) The method used to calculate GDP should be the expenditure approach, which adds up total consumption (C), investment (I), government spending (G), and net exports (X-M).
Solution to the rest of the questions in detailb) Using the expenditure approach, the GDP can be calculated as follows:
GDP = C + I + G + (X - M) = 30 + 15 + 20 + (50 - 70) = 25.
c) The value of net exports can be calculated as:
Net exports = Exports - Imports = 50 - 70 = -20
d) The method that cannot be used with the given data is the income approach.
e) The data is incomplete because the information provided only covers some of the components of GDP, such as consumption, exports, rent, investment, government spending, and wages. Information on other components, such as net taxes, subsidies, and depreciation, is not provided, making the data incomplete for calculating GDP using the income approach.
Learn more on the income approach approach of calculating GDP here https://brainly.com/question/24940005
#SPJ1
When leveling schedules to overcome resource constraints, ___________ is increased.
Scheduling complexity rises when schedules are leveled to get around resource limitations.
What is scheduling?The process of organizing, managing, and optimizing work and workloads in a manufacturing process is known as scheduling. Businesses utilize backward and forward scheduling to allocate resources for equipment and plants, plan for human resources, organize their manufacturing processes, and make material purchases.
Making a schedule helps you plan out your goals for the coming day, week, or month and keeps you on track to reach them.
What three types of scheduling are there?The Capacity Schedule, Resource Schedule, and Service Schedule are the three different schedule kinds. Their capabilities overlap in certain respects, and for some purposes, more than one will be effective.
To know more about scheduling visit:
https://brainly.com/question/13295639
#SPJ4
Wilson Company reports the following expenditures related to plant assets for the most recent fiscal year! Replacing worn-out machine gears: $1,125Routine vehicle maintenance: $ 875Replacement engine for delivery van: $2,600Expansion of production facility: $84,500 Painting of office building: $ 1,800 Installation of heating system: $ 6,200 Wilson's accountant records all expenditures as capital expenditures. As a result, net income will be A.understated by $10,000. B understated by $93,300. C. overstated by $3,800. D. overstated by $81,575.
In the following question, among the conditions and options given, The effect of all expenditures on Net Income when all expenditures are treated as Capital Expenditure is that net income will be overstated by $93,300.So, option B is the correct answer.
Wilson Company reports the following expenditures related to plant assets for the most recent fiscal year! Replacing worn-out machine gears: $1,125Routine vehicle maintenance: $ 875Replacement engine for delivery van: $2,600 Expansion of production facility: $84,500 Painting of office building: $ 1,800 installation of heating system: $ 6,200 We have to determine the effect of all expenditures on Net Income when all expenditures are treated as Capital Expenditure.
SolutionThe effect of all expenditures on Net Income when all expenditures are treated as Capital Expenditure is that net income will be overstated by $93,300.So, option B is the correct answer. Note: In Accounting, expenditures for plant assets are of two types: Capital expenditure and Revenue expenditure. Capital expenditures are expenditures on acquiring fixed assets or plant assets while revenue expenditures are expenses incurred on normal operations of the company. Capital expenditure is treated as an asset while Revenue expenditure is treated as an expense.
For more such questions on Expenditure
https://brainly.com/question/24561653
#SPJ11
the following items appear on the balance sheet of a company with a one-year operating cycle. identify each item as a current liability, a long-term liability, or not a liability.
By understanding the classification of liabilities, investors and creditors can better assess a company's ability to meet its financial obligations.
A balance sheet is a financial statement that presents the company's financial position at a specific point in time. Liabilities are the obligations that a company owes to others, and they appear on the balance sheet. The classification of a liability depends on its due date, which determines whether it is a current or long-term liability. Here are some examples of items that may appear on the balance sheet of a company with a one-year operating cycle and their classification:
1. Accounts payable - Current liability: This is the amount that a company owes to its suppliers for goods or services purchased on credit.
2. Accrued expenses - Current liability: These are expenses that the company has incurred but has not yet paid, such as wages, rent, or utilities.
3. Short-term loans - Current liability: These are loans that the company has taken out that are due within one year.
4. Notes payable - Current or long-term liability: Notes payable are similar to short-term loans, but they have a longer repayment term. If the note is due within one year, it is a current liability; if it is due after one year, it is a long-term liability.
5. Bonds payable - Long-term liability: Bonds are debt securities that a company issues to raise capital. They typically have a maturity of more than one year, so they are classified as long-term liabilities.
6. Deferred revenue - Current or long-term liability: Deferred revenue is a liability that arises when a company receives payment from a customer for goods or services that it has not yet delivered. If the delivery is expected within one year, it is a current liability; if it is expected after one year, it is a long-term liability.
In conclusion, a balance sheet provides valuable information about a company's financial health, and liabilities are an essential component of that.
To know more about liability visit:
https://brainly.com/question/18484315
#SPJ11
The balance sheet of a company with a one-year operating cycle may have current liabilities, long-term liabilities, and items that are not liabilities.
Current liabilities are obligations that are due within one year or one operating cycle, whichever is longer. Examples of current liabilities include accounts payable, salaries payable, and short-term loans.
Long-term liabilities are obligations that are due beyond one year or one operating cycle. Examples of long-term liabilities include long-term loans, bonds payable, and lease obligations.
Not all items on the balance sheet are liabilities. For example, assets such as cash, inventory, and property, plant, and equipment are not liabilities. Additionally, equity items such as common stock and retained earnings are not liabilities.
Therefore, to identify each item on the balance sheet as a current liability, long-term liability, or not a liability, it is important to review the specific items listed on the balance sheet and determine their nature and terms of payment.
Learn more about current liabilities: https://brainly.com/question/13388204
#SPJ11
Which of the following activities is common for a documentation program?
A. Preparation of medical supplies and first aid
B. Monitoring of emergency response activities
C. Evaluating engineering control methods
D. Storage, maintenance, and training on SDS
An activities that is common for a documentation program is storage, maintenance, and training on SDS. The Option D is correct.
What does documentation program means?A program or software document is any written text, illustrations, or video that describes a software or program to its users. A user can be anyone, from a programmer to a system analyst to an end user. Multiple documents for different users may be created at various stages of development. Indeed, software documentation is an important part of the overall software development process.
Because different teams develop different modules of the software in modular programming, documentation becomes even more important. Good and detailed documentation will make it easier for anyone other than the development team to understand a module.
Read more about documentation program
brainly.com/question/24903517
#SPJ1
Sid's Video Store will pay an annual dividend of $2.15 next year. The company just announced that subsequent future dividends will be increasing by 1.5 percent annually. How much are you willing to pay for one share of this stock if your required return is 14 percent
The amount of money that I would be willing to pay for one share of the stock of Sid's Video Store is $17.20.
What is the value of the stock?The amount I would be willing to pay for the stock would be based on the value of the stock.
Value of the stock = dividend that would be paid next year / ( required return - growth rate)
$2.15 / (14% - 1.5%)
$2.15 / 12.5% = $17.20
To learn more about how to determine the value of a stock, please check: https://brainly.com/question/18648993
A car has a base price of $23,800.00. Options cost $356.00, $785.00, and $900.00 for stereo, wheels and paint. Destination charges are $640.00. The dealer pays 82% of the base price and 75% of the options. Determine the sticker price.
$25,000.00
$23,800.00
$26,481.00
$25,841.00
The sticker price of the car is $26,481.00 based on the component costs provided
What is the sticker price of the car?
The sticker price of the car comprises the retail price, the cost of options as well as the destination charges, which is also referred to as the cost for economy mileage, bearing in mind that sticker price is the price of car written on a sticker and affixed to a car.
The sticker price=base price+cost of stereo+cost of wheels+cost of paint+destination charges
base price= $23,800.00
cost of stereo=$356.00
cost of wheels=$785.00
cost of paint=$900.00
destination charges=$640
sticker price=$23,800.00+$356.0+$785.00+$900+$640.00
sticker price=$ 26,481.00
Find out more about sticker price on-:brainly.com/question/14538326
#SPJ1
Which of the following is not a possible consequence of chronic large budget deficits?
The exchange rate might appreciate too much, due to an increased supply and decreased demand for the country’s currency
Aggregate demand may shift too far to the right, causing inflation
The country’s ability to repay their international debt may decrease, leading international investors to withdraw their funds
The overall level of investment can decrease, leading to a recession
The correct answer is The country’s ability to repay their international debt may decrease, leading international investors to withdraw their funds.
A country that has a significant current account deficit always runs the danger of its currency losing value. The currency rate will decrease to reflect the imbalance of foreign capital flows if there aren't enough inflows to cover the shortfall. It is commonly accepted that large budget deficits are likely to lead to higher interest rates, an excessive expansion of the money supply, and higher prices. Therefore, it is possible that budget deficits will indirectly influence the exchange rate. The value of one currency will increase as the exchange rate changes, while the value of the other currency will decrease. A currency is considered to have appreciated when its value rises.
To learn more about debt click the link below:
brainly.com/question/19052808
#SPJ4
Which option should be used to commit a record in an Access table?
Press Esc.
Select Undo.
Press Ctrl+Z.
Move to a new record.
EDGE
Answer:
D)Move to a new record.
Explanation:
this is what I narrowed it sown to
edg 2021
Answer:
the answer is D
Explanation:
edge 2022
f wfo began business as a cash-method corporation in year 1, in which year would it have first been required to use the accrual method?
The decision to change from the cash method to the accrual method of accounting is usually based on factors such as the size and complexity of the business, as well as regulatory requirements.
Assuming that F WFO is a U.S. corporation and that it meets the average annual gross receipts test, it would have been required to use the accrual method starting from the tax year beginning after December 31, 1986. This is because the Tax Reform Act of 1986 required corporations with gross receipts over $5 million to use the accrual method of accounting for tax purposes, unless they meet certain exceptions.
However, if F WFO has gross receipts of $5 million or less, it can continue to use the cash method of accounting unless it grows to exceed the $5 million threshold or it chooses to switch to the accrual method.
Click the below link, to learn more about The accrual method:
https://brainly.com/question/30331116
#SPJ11
True or False. Liquidity means that your money is tied up and unavailable.
Answer: True
Explanation:
Which method of business integration is classified as a "holding company" of three or
more unrelated sectors of companies' stock? (Hint: we said in class that they're doing a
"stock project"...for real.)
A-horizontal
B-vertical
C-multinational
D-conglomerate
The method of business integration that is classified as a "holding company" of three or more unrelated sectors of companies' stock is
D-conglomerate.What is conglomerate?A conglomerate is a type of business that consists of a group of companies that are involved in different industries or sectors. A conglomerate may be formed by a holding company, which is a company that does not produce goods or services itself but owns other companies' stocks. The holding company exists to manage and control these companies, each of which operates independently in its respective industry.
Unlike a vertical or horizontal integration, where a company seeks to control the entire supply chain or a particular stage of production within an industry, a conglomerate is typically involved in unrelated businesses that have little or no connection with one another.
Learn more about methods of business at:
https://brainly.com/question/9182660
#SPJ1
. MY NOTES PRACTICE ANOTHER Suppose a company has fixed costs of $48.000 and variable cost per unit of +222 dollars, where x is the total number of units produced, Suppose further that the selling price of its produt 1852- dollars per unit. (a) Find the break-even points. (Enter your answers as a comma-separated list.) (b) Find the maximum revenue. (Round your answer to the nearest cent.) $ (c) Form the profit function P(x) from the cost and revenue functions. P(X)= Find maximum profit. S (d) What price will maximize the profit? (Round your answer to the nearest cent.) $ Need Help? [-/0.07 Points] DETAILS HARMATHAP12 2.3.017. MY NOTES PRACTICE ANOTHE Suppose a company has fixed costs of $48,000 and variable cost per unit of +222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1852- 9 dollars per unit. (a) Find the break-even points. (Enter your answers as a comma-separated list.) X- (b) Find the maximum revenue. (Round your answer to the nearest cent.) $ (c) Form the profit function P(x) from the cost and revenue functions. PD)- Find maximum profit. $ (d) What price will maximize the profit? (Round your answer to the nearest cent.). $ Need Help? Read
The price that maximizes the profit is $1852. So, the answers are: a) 29 units b) $48,014.28 c) P(x)= 1630X - 48000 d) $1852.
a) Calculation of Break-even Point: Break-even point is the point where total cost and total revenue intersect. It can be calculated by equating total cost to total revenue.TC= TR48,000+ 222X = 1852 X
=> 222X = 1852 X - 48,000
=> 222X - 1852X = -48000
=> -1630X = -48000
=> X = 29.45...So, the break-even points are 29 units.
b) Calculation of Maximum Revenue: Maximum revenue can be obtained by selling the maximum number of units. Maximum revenue will be obtained at x = the number of units that can be produced with all of the available resources available. The maximum number of units that can be produced= Fixed cost / Selling price of one unit
= $48,000 / $1852/unit= 25.89 units Maximum revenue
= Selling price of one unit * Maximum number of units that can be produced
= $1852/unit * 25.89 units
= $48,014.28
Maximum revenue is $48,014.28 (nearest cent).
c) Calculation of Profit Function: Profit can be calculated by deducting the total cost from total revenue.
P(x)= Revenue - Cost
P(x)= TR - TC Substituting TR and TC in the above equation we get,
P(x)= 1852X - (48000 + 222X)
P(x)= 1630X - 48000
Maximum profit can be calculated by finding the maximum point of the profit function using the second derivative test.
d) Calculation of the Price that maximizes the profit: To find the price that maximizes the profit, we need to find the value of X that gives the maximum value of P(X).For maximum profit,
P′(x) = 0 and
P″(x) < 0. Therefore, we need to find the point at which the slope of P(x) changes from positive to negative.
P(x)= 1630X - 48000
P′(x)= 1630At X = 29.4518 (rounded off),
P′(x) = 0. This means that the slope of P(x) changes from positive to negative.
To know more about Break-even point visit :
https://brainly.com/question/29569873
#SPJ11
The application of scientific knowledge to the development and improvement of goods and services is generally referred to as ______. Multiple choice question. technology information production
Answer:
Technology.
Explanation:
As the definition is seen above, these qualities are directed towards technology. Technology has advanced produce and sales of goods and services a lot. It shows itself in fastening and making production easier. And also in different other forms that come as advertising, E-commerce, communication etc. Orders of certain goods are been sent thousands miles away from the producing country and are seen to be received safe and sound at the other end of the purchase country. Also adverts can be seen of a Chinese product in far away Africa through television commercials and also internet.
Why do regulations for business exist?
Answer:
The U.S. government has set many business regulations in place to protect employees' rights, protect the environment and hold corporations accountable for the amount of power they have in a very business-driven society.
Explanation:
Answer:
In the explanation. :)
Explanation:
Government regulates business for several reasons. First is public safety and welfare. Many industries are regularly reviewed and overseen because their activities, if they go awry, can have significantly harmful effects to human health, financial well-being, or community structure.
The second reason is protection of industry. Many regulations are in place to protect those who have developed their business correctly; licensing, permits, and inspections by the government weed out undesirables or criminal activities that undercut honest industries.
The third reason is revenue generation. Many programs require certification or licensing that businesses must pay for in order to operate. The funds collected go to pay for the government programs that perform the oversight of the particular industry. However, in many cases, some portion of revenue is also sidetracked to general government purposes and is, effectively, a tax.
20th Century Development
Regulation of business in the 20th century has developed at multiple government levels through the form of commissions. Government departments and agencies are still heavily involved. However, commissions are seen as more responsive, and board members can, in many cases, be from private industry, providing a receptive face to business interests in government. Doing so also provided the government with decisions-makers who intimately understood business issues and how they may conflict with new regulations or changes. This approach also allows for a much cheaper resolution of legal conflicts than taking regulation challenges to the court system through a formal lawsuit.
Deregulation Attempts and Results
Experiments in government in getting out of the business of regulation, i.e. deregulation, have been mixed. In fact, up until the 1970s government was working in the opposite direction with the creation of new agencies at the federal level, such as the Occupational Safety and Health Administration (OSHA) and the Environmental Protection Agency (EPA).
Large-scale deregulation began in the 1980s with the removal of oversight on the airline industry and that of the telecommunications, railroad and trucking industries. Those have generally been successful and still operate, deregulated, today.
Less Impressive Results in Practice
On the other hand, financial deregulation has created bigger problems in business. The loosening of oversight on the savings and loan industry resulted in failure of banks, and left taxpayers to foot the bill for lost account values. In the 2000s, the deregulation of the electricity industry allowed for large-scale gaming of rates for profit-making. The results collapsed entire markets and created social panic of skyrocketing electricity prices based on market floats.
The credit crisis crash of 2008 has again signaled a need for more regulation in business, particularly the finance industry. The fact that a small number of bank units and finance houses could game the real estate and financial investment systems has angered many, enough so that they're calling for new restrictions on such activities.
Conclusion
U.S. governments at all levels rely on business as much for the viability of the country as for the financial support provided. Much of government's tax revenue comes from industries every day. That said, to a business owner or manager the multiple levels of governmental oversight can seem confusing and/or unnecessary. However, this difference of perspective is frequently balanced through hybrids in the form of commissions and boards over a particular industry activity, allowing for both regulation and the relatively free flow of commerce.
Hope this helps. Have a great weekend.