Assume a firm utilizes mass production techniques. if the firm's output increased by 50% as a result of increasing its inputs by 20%, this firm Is experiencing economics of scale. Therefore option A is correct.
What is mass production?Mass production is the process of producing standardized goods in huge quantities, sometimes with the use of automation or assembly lines. The efficient creation of several identical goods is made possible by mass production.
Mechanization is utilized in mass production to achieve high volume, meticulous material flow management, rigorous monitoring of quality standards, and labor division. Military groups' requirement for uniforms and other equipment is an early illustration of the desire for standardized items in big quantities.
Large-scale demand for mass-produced goods made inexpensively with tiny workforces has been stoked by the development of precision machining technology.
Therefore option A is correct.
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which entity relies upon lobbying as a tool of influence? which entity relies upon environmental protection legislation as a tool of influence?
Lobbying is often used by corporations, trade associations, and interest groups as a tool of influence to shape public policy and regulations in their favor.
These entities often employ lobbyists to represent their interests and advocate for their causes in the legislative and regulatory process.
Environmental protection legislation is relied upon by environmental organizations and advocacy groups as a tool of influence to protect and preserve the natural environment. These entities may work to influence the development and passage of environmental protection laws and regulations, and to enforce existing environmental standards and regulations. In both cases, the goal of the entity is to influence public policy and regulations in a manner that supports its interests and goals.
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Which of the following is a list of assets?
A.cash, accounts payable, inventory, furniture
B.cash, accounts receivable, inventory, furniture
C.cash, bank loan, inventory, furniture
D.cash, accounts receivable, inventory, owner's equity
the main characteristics of a pure___are a single seller, no close substitutes, a price maker, blocked entry, and non-price competition.
A full monopoly, Correct Unavailable is characterized by a single seller, the absence of near substitutes, a price maker, barred entrance, and non-price competition.
Which market called price maker?There are no competitors in a market that is monopolistic. The monopolist, also known as the price maker, is able to set the price in the market due to the absence of close replacements and competitors. A seller who has sufficient pricing and market clout to affect market prices is said to be a price maker. In such a scenario, a company's capacity to successfully alter product and service prices determines its market and pricing power.
What is price maker in monopoly and why is perfect competition a price maker?A monopolist is seen as a price maker since it has the power to determine the cost of the goods it sells. Demand, often known as consumer willingness & ability to buy the commodity, places restrictions on the monopolist.
Because competing firms pressure companies to accept the market's current equilibrium price, a perfect competition firm is referred to as a price taker. A company will lose every one of its sales to rivals if it increases the price of its item by even a penny in a highly competitive market.
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Dog owners do not bear the full cost of the noise their barking dogs create and often take too few precautions to prevent their dogs from barking. The local government addresses this problem by __________.
Answer:
making it illegal to "disturb the peace."
Explanation:
The local government addresses this problem by making it illegal to "disturb the peace." This means that any form of unruly public behavior, such as fighting or causing excessively loud noise is considered a criminal offense misdemeanor. Individuals charged with this crime may face some jail time, fines, or alternative sentences such as community service depending on the laws in that jurisdiction.
Explain why most experts believe that official U.S. data underestimate the actual rate of unemployment. What factors could make the official rate overstate the actual unemployment rate
Answer:
people simply quit looking for jobs.
Explanation:
In order to be considered unemployed, you must be out of work for at least four weeks and be actively seeking a new job. But if after 6 months, or 1 or even 2 years, you cannot get a new job, then you might simply quit looking for one. Since you quit looking for a job, you are not considered unemployed.
In computing the GDP, why is it import spending subtracted from the sum of consumption, investment, government purchases and export spending?
-Economics
Import spending is subtracted from the sum of consumption, investment, government purchases and export spending in the calculation of GDP because import represents spending on goods and services that are not produced in that economy.
Gross domestic product is the total sum of goods and services produced in a particular economy in a given period. One of the ways that can be used to determine the value of GDP is the expenditure approach.
The expenditure approach to determine GDP = Consumption + investment + government purchases + ( export - import).
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Bogscraft Company has outstanding 65,500 shares of $10 par value common stock and 26,100 shares of $20 par value preferred stock (8 percent). On February 1 the board of directors voted in favor of an 8 percent cash dividend on the preferred stock. The cash dividends were paid on March 15. The company closed its books at its fiscal year-end, June 30.
Prepare journal entries to record the events on (a) February 1, (b) March 15, and (c) June 30.
(a) February 1:
No journal entry is required on February 1 since it is the date when the board of directors voted in favor of the cash dividend on the preferred . stock .
declaration of the dividend does not impact the accounting records until the actual payment date.
(b) March 15:
Preferred Dividends Payable (26,100 shares * $20 * 8%) 41,760
Cash 41,760
On March 15, the company pays the cash dividend on the preferred stock. The preferred dividends payable account is debited to reduce the liability, and cash is credited to record the cash outflow.
(c) June 30:
No journal entry is required on June 30 since it is the fiscal year-end closing. Dividends are typically recorded and paid during the fiscal year and are not directly related to the closing process.
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explain the process involve in forming a company.
include these points:
1. Often require more time and legal works.
2. Need to complete all required documents such as ARTICLE OF ASSOCIATION and MEMORANDUM OF ASSOCIATION.
3. Once all document is ready, the register of the company issues the Certification of incorporation.
4. Certification of incorporation certifies the legal status of the company and allows to start trading.
Forming a company involves a number of steps and can often require more time and legal work than other types of business structures. Here are the steps typically involved in forming a company:
How to fporm companyChoose a Business Name: The first step is to choose a business name that is not already in use by another company. It's important to conduct a search to ensure the name is not already taken.
Decide on Company Structure: The next step is to decide on the legal structure of the company, such as a corporation, LLC, or partnership.
Prepare the Required Documents: Once the structure has been chosen, the required documents such as ARTICLE OF ASSOCIATION and MEMORANDUM OF ASSOCIATION must be completed. These documents outline the purpose of the company, its ownership structure, and other important details.
File Documents with the Register of Companies: The completed documents must then be filed with the register of the company in the jurisdiction where the company is to be incorporated. This requires paying a fee and providing additional information about the company, such as the names and addresses of directors and shareholders.
Certification of Incorporation: Once all the required documents have been submitted and approved, the register of the company issues a Certification of Incorporation. This certificate certifies the legal status of the company and allows it to start trading.
Obtain Business Licenses and Permits: Depending on the type of business and the jurisdiction, the company may also need to obtain additional licenses and permits before it can begin operating legally.
Overall, forming a company involves a significant amount of legal work and documentation, but it provides the benefit of limited liability and can make it easier to raise capital and attract investors.
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An important difference between the standard of ethics and the standard of etiquette is that issues covered by the standard of etiquette are not as
An important difference between the standard of ethics and the standard of etiquette is that issues covered by the standard of etiquette are not as significant or serious as those covered by the standard of ethics. Ethics and etiquette are closely related but have distinct meanings and purposes.
Ethics, in general, refers to moral principles that govern an individual's or group's behavior. Ethics are guidelines that determine right from wrong, and they can have a significant impact on people's lives.
The standard of ethics is a collection of principles and rules that guide a profession, business, or organization's conduct. This standard specifies the ethical conduct that must be followed by all members of the organization. In contrast, the standard of etiquette is a set of socially acceptable behaviors, customs, and conventions that govern social interactions and relationships.
The standard of etiquette refers to the customary code of polite behavior in society. It includes issues like manners, dress, communication, and social graces. The standards of etiquette often vary across cultures and can be considered less important or significant than ethical issues.
In conclusion, while both ethics and etiquette are essential to personal and professional conduct, they differ in scope and impact, with ethical issues having a greater weight in terms of significance and consequences.
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If there is initially a federal budget deficit, and taxes rise, while transfer payments fall:
A. Aggregate Demand increases and the budget deficit increases.
B. Aggregate Demand increases and the budget deficit decreases.
C. Aggregate Demand decreases and the budget deficit increases.
D. Aggregate Demand decreases and the budget deficit decreases.
E. there is an indeterminate effect on both Aggregate Demand and the budget deficit.
If there is initially a federal budget deficit, and taxes rise while transfer payments fall, the effect on Aggregate Demand and the budget deficit can be analyzed as follows:
Taxes are a withdrawal or leakage from the economy, as they reduce disposable income and decrease consumer spending. When taxes rise, households have less money available for consumption, leading to a decrease in Aggregate Demand.
Transfer payments, on the other hand, are injections into the economy, as they increase disposable income and stimulate consumer spending. When transfer payments fall, disposable income decreases, resulting in a decrease in consumer spending and a subsequent decrease in Aggregate Demand.
Considering the above factors, the scenario of rising taxes and falling transfer payments would lead to a decrease in Aggregate Demand.
Now, regarding the budget deficit, it refers to the gap between government spending and government revenues. If taxes rise while transfer payments fall, government revenues increase, which would help reduce the budget deficit.
Therefore, the correct answer is:
C. Aggregate Demand decreases and the budget deficit increases.
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what do chapter competitions entail?
Answer:
Whoever reads the chapter of the book the fastest is crowned the chapter king. It can be very competitive, and the competitors have to be very good readers.
Answer:
In FBLA you pick a subject and you either take a test, do a presentation, do sales pitch, etc. With reading, you read a chapter from a book as fast as you can.
Explanation:
Shawn wants to determine which species of bacteria and fungi live with bees. In a few sentences, describe a method you might use to identify the microbes.
Answer:
The essence of the particular issue is outlined in the following subsection on the clarification.
Explanation:
Bacteria including certain Pseudomonas, Pantera, etc., and fungal organisms such as Aspergillus, Cladosporium, as well as Mucor, etc. become studied in corbicular sperm including bee bread contained in colony stores. One can classify the microbes with either the aid including its DNA sequencing process.DNA sequencing would be used to establish the sequence of the components within a limited fragmented of even an organism's DNA. This article evaluates a percent correlation for known organisms through an approved reference database.A_________ is a mental representation of the world that allows A us to understand, predict, and solve problems in a given situation.
A cognitive schema is a mental representation of the world that allows us to understand, predict, and solve problems in a given situation.
What is cognitive schema?A cognitive schema is a psychological concept that refers to a mental framework or structure that helps us organize and interpret information about the world around us. it is a mental representation that allows us to make sense of our experiences, understand how things are related, and form expectations about future events.
Cognitive schemas are formed through our individual experiences, knowledge, beliefs and cultural influences. they can vary from person to person and are shaped by personal experiences, education, upbringing, and cultural background. Schemas can be specific to certain domains, such as social interactions, relationships, work, or academic tasks, or they can be more general and apply to a wide range of situations.
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How does an mis automated inventory system help management create accurate sales forecasts? a. It instantly updates inventory levels. B. It tracks depreciation costs on machinery. C. It tracks variable expenses. D. It indicates wastage of resources. E. It tracks accounting costs.
a. A mis-automated inventory system help management create accurate sales forecasts It instantly updates inventory levels.
Data management and collecting are the main responsibilities of management information systems. Managers and decision-makers have easy access to daily information that has been compiled and analysed. The system may consider several circumstances in order to make business decisions that are foolproof.
Retailers and wholesalers can manage their inventory in real-time using an automated system. The systems streamline processes and free up time. You may free up your time to focus on other important activities by designing your retail automation with pre-built conditions, knowing that inventory is being taken care of.
Based on the components that drive sales and how these factors interact (over time) as business decisions are implemented, the system is also able to generate accurate estimates of sales.
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Evaluate 2 solutions to the problems of communications in Get Going. Ib business
Maintaining corporate safety and other workplace discrimination can get burdensome when there is insufficient communication at work.
What is business cycle ?The natural rise and decline in economic growth that takes place throughout time is known as the economic cycle. The economic cycle is indeed a term used by economics to describe the rise and fall in commercial activity over time. It may be a useful tool for studying the economy and can assist you in making better financial decisions. The economy includes all corporate, labour, and consumer activity that produces, trades, and consumes goods and services inside the United States. The business cycle therefore refers to the measurable level of productivity. When enterprises increase production, they require more personnel. As a result, fewer workers are employed, there's more money available for spending, firms make more money, and they can concentrate on expanding.
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Which is a characteristic of judging approach
Answer:
Clarity and Closure
Explanation
Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.
Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.
Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.
Which descriptor relates to the income approach for valuing corporations? Multiplies the share price by the number of shares outstanding Reflects the equilibrlum between buyers and sellers of company stock Involves the capital asset pricing model Estimates the cost of replacing a company's resources
Option C. The description that relates to the income approach for valuing corporations is: Involves the capital asset pricing model .
What is the income approach ?One of the three main categories of methodology employed by appraisers is the income approach, also known as the valuation approach. It is particularly prevalent in corporate and commercial real estate evaluation. The basic math is comparable to how securities research, bond pricing, and financial valuation are done.
Any technique that transforms a stream of income into a measure of market worth is included in the income approach. Due to the fact that capitalization is the process of turning an expected income into a market value signal, the income approach is also known as the capitalization approach.
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April is worried that she is not a "good speller," so she plans to let the spelling
checker correct all her mistakes. What would be the most helpful advice for
April?
Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Answer: bureaucracy
Explanation:
Bureaucracy could be described as having a company or an industry being controlled by some set of individuals yet have little or no result to show. These control in most cases diminishes the flow of effective operation in the firm.
The I. T organization is having a bureaucracy issue, where decisions are only made at the top with no contribution from those carrying out the job. The input of those carrying out the job at the bottom could be very effective to change things in the organization.
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Analyze (10 points)
Analyze different examples of communication in the workplace.
1. First look at how email should and should not be used in the workplace.
a) You need to share information summarizing last week's sales department meeting
with all the departments in your company. Would email be a good choice for this
interdepartmental communication? Why or why not? (1 point)
Workplace communications may occur between varying levels of management, from front-line workers to top-level executives. Some of the most common forms of workplace communication include video conferencing, meetings, email, text messages, and phone calls.
What is workplace communication ?Verbal, bodily, phone, and written communication are the four primary forms of business communication. You always have to deal with at least one at some point throughout the workweek. Being able to communicate effectively in these environments can be one of the most sensitive abilities a worker can acquire.
Making connections with other members of your team and fostering an inclusive environment are key to effective workplace communication. It's about communicating in a way that helps your team advance and reach its objectives.
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How did speculation and margin buying cause stock prices to rise?
Speculation and margin buying cause stock prices to rise Because of margin buying, investors stood to lose large sums of money if the market turned down, or failed to advance quickly enough.
shares are a kind of safety that offers stockholders a share of ownership in a business enterprise. stocks are also called “equities. “An inventory is a well-known time period used to explain the ownership certificates of any organization. A percent, alternatively, refers to the inventory certificates of a particular enterprise. keeping a selected company's share makes you a shareholder. Description: shares are of kinds—common and desired.
Inventory is a type of investment in a company. organizations problem inventory shares to elevate money that allows you to finance operational dreams and to gasoline growth, and traders buy the one's inventory shares for the opportunity to generate a pass lower back on their investment. A percentage is an economic device that represents the aspect of ownership of an enterprise. A stock is a financial tool that represents element possession in one or greater establishments.
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in many companies, the changing nature of work has somewhat blurred the distinction between .
We can actually deduce here that in many companies, the changing nature of work has somewhat blurred the distinction between managers and non-managers.
Who is a manager?A manager is actually known as an individual who has the responsibility to controlling, directing and supervising an organization. Th manager is the leader in that organization. Managers are known to have the responsibility of managing the organization's resources and man-power.
We see here that managers are known to be available in order to pilot the organization.
The manager or management of an organization, firm or company actually carry certain functions, some of them are:
Leading and controlling. OrganizingPlanningStaffingThese are functions that are required of the manager of a company.
Good managers help to sustain the growth and development of an organization.
Thus, we see here that in many companies, the changing nature of work has somewhat blurred the distinction between managers and non-managers.
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Which statement best describes the circular flow of an economy?
the flow between businesses and resources
the exchange of money, goods, and services in an economy
a circular flow happens only in a resource market
a circular flow happens only in a goods and services market
Answer:
C
Explanation:
The statement "the exchange of money, goods & services in an economy" should represent the best description of the economy's circular flow.
According to the economic perspective, circular flow refers to the money flow and the resources i.e. goods and services lies between the people in which there is an exchange of resources that could be done in return for the money.
It involved two types of market i.e. factors and goods and in these two markets, the resources should be provided in order to receive the monetary value.
The following statements represent the circular flow of an economy:
It does not have a flow between the business and resources.It does not have the flow only in the resource market.It does not have the flow only in the goods and services market.Therefore we can conclude that the statement "the exchange of money, goods & services in an economy" should represent the best description of the economy's circular flow.
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All goods and services we produce are (1) expensive (2) scarce (3) recyclable (4) efficiently produced? Choose one of the numbers.
Question:
All goods and services we produce are (1) expensive (2) scarce (3) recyclable (4) efficiently produced. Choose one of the numbers.
Answer:
All goods and services we produce are expensive.
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When you purchase shares of a company in the market, who are you buying those shares from?
Answer:
Normally, you are buying those shares from someone who already owns them. You are not buying them directly from the company itself, but instead someone who owns shares from the company, called a shareholder or stockholder.
Explanation:
I hope this helps! :)
Exclusive control over a service or product on the market is called: ________
Exclusive control over a service or product on the market is called a monopoly.
A monopoly exists when a single firm or entity is the only supplier of a particular good or service in the market, giving it exclusive control over the production and distribution of that good or service. In a monopoly, the monopolist can set the price of the good or service at a level that maximizes their profits, as there are no other competitors to drive down prices. However, monopolies are often subject to government regulation to prevent abuse of their market power, such as charging excessively high prices or engaging in anti-competitive behavior.
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What is an international board certified lactation consultant?
Lactation consultants who hold an internationally board certification work and contribute as part of the mother health team. while making suitable recommendations to other healthcare and community support services.
What distinguishes an IBCLC from a lactation consultant?
A Certified Breastfeeding Counselor (CLC), a less advanced certification than an IBCLC, is suitable for assisting nursing parents with straightforward issues. A candidate just has to complete a 4.5-day curriculum and an exam in order to get the CLC certificate. A Licensed Lactation Consultant must be an IBCLC. The majority of the employees at Healthy Horizons are International Board certified Certified Lactation Consultants, making them highly qualified specialists.
The bulk of the rest of our personnel have become Certified Lactation Educators.
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what is the biggest health concern for employees of this company when it comes to technology
and what is a strategy the company could put in place to lower this risk?
Yelppp
Answer:Robots replace humans
Explanation:tjeteare will always remains some jobs woch can be done only by human hand.
If the market for soccer balls is saturated and the market for soccer nets is open, which combination makes the most sense for Sabrina’s Soccer?
If the market for soccer balls is saturated and the market for soccer nets is open, a combination which makes the most sense for Sabrina’s Soccer is: F.
What is a production possibilities curve?A production possibilities curve (PPC) is also referred to as the production possibilities diagram or the production possibilities frontier (PPF) and it can be defined as a type of chart that is typically used for illustrating the maximum and best combinations of two products that can be produced by a producer (manufacturer) in an economy, if they both depend on these two (2) factors;
Technology is fixed.Resources are fixed.Based on the production possibilities curve (see attachment), we can reasonably infer and logically deduce that the maximum and best combinations that would offer the most sense for Sabrina’s Soccer is option F with 0 for soccer balls and 5 for soccer nets.
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what is the present value of the following annuity? $3,000 a year for 8 years discounted at 7% annually
Present value is the value of a projected income stream determined as of the valuation date (PV), known as present discounted value at times.
With the exception of periods when interest rates are zero or negative, in which case the present value will be equal to or more than the future value, the present value is frequently less than the future value due to the ability of money to earn interest, or the time value of money. Annual Payment. DCF 8% PV, 1 $1,000 0.9259 $925.90. 2 $2,000 0.8573 $1,714.60. 3 $3,000 0.7938 $2,381.40. PV Inflow Total: $5,021.9. The following payment stream's present value, discounted at 8% annually, is $5,021.9. Time value can be described with the abbreviation "A dollar today is worth more than a dollar tomorrow."
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