Answer:
The firm will continue producing and maximizing its profit.
Explanation:
When a monopolist's marginal cost and marginal revenue curves intersect and the demand curve passes above its average total cost curve, the monopolist is in a profitable situation. At this point, the monopolist can continue producing and maximizing its profit.
The intersection of the marginal cost and marginal revenue curves determines the optimal level of output for the monopolist. As long as the price at that level of output exceeds the average total cost, the monopolist is generating profit. The monopolist will continue producing and selling the quantity that maximizes its profit.
In this scenario, the monopolist has market power and can set the price above the marginal cost, leading to a markup and generating economic profit. However, it's important to note that this situation represents a theoretical ideal for a monopolist and may not reflect the real-world complexities of markets. In practice, market conditions, competition, and other factors can affect a monopolist's ability to maintain such a position of profitability
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Can you explain how I can get the surplus?
Answer:
The answer is "6".
Explanation:
Using formula:
\(\text{Producer surplus= Actual Price- Minimum Acceptable Price}\\\\\)
\(=13-7\\\\=6\)
How is the concept of Affluenza related to leisure in contemporary society?To what extent do the pressures of Affluenza impact your leisure and life satisfaction?
The concept of Affluenza is related to leisure in contemporary society as it suggests that the pursuit of material wealth and consumption-driven lifestyles can negatively impact individuals' ability to engage in meaningful leisure activities.
The pressures of Affluenza can reduce leisure time and lead to dissatisfaction with leisure experiences.Affluenza refers to the social phenomenon where individuals in affluent societies are increasingly focused on material wealth and possessions, often at the expense of their well-being and quality of life. In the context of leisure, Affluenza suggests that the relentless pursuit of wealth and material possessions can undermine individuals' ability to engage in meaningful leisure activities.The pressures of Affluenza can lead to workaholic tendencies, excessive consumerism, and a constant drive to accumulate more wealth, leaving individuals with limited time and energy for leisure pursuits. Leisure, which should provide opportunities for relaxation, personal growth, and enjoyment, can be compromised as individuals become caught up in the demands of materialistic lifestyles.Moreover, the pressures of Affluenza can impact life satisfaction. Research has shown that excessive focus on materialistic goals and wealth accumulation can lead to decreased well-being, lower life satisfaction, and increased stress levels. As leisure is an integral part of a balanced and fulfilling life, the restrictions imposed by Affluenza can hinder individuals' ability to engage in leisure activities that promote well-being and life satisfaction.In summary, Affluenza and its associated pressures can restrict leisure time and undermine individuals' ability to engage in meaningful leisure activities. The constant pursuit of material wealth can have a negative impact on leisure experiences, leading to reduced life satisfaction and well-being.
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A stock is priced at $85 per share and pays a quarterly dividend of $2.10 per share. What is the dividend yield per stock share per year?
Online marketplaces where one consumer sells to another consumer are called.
Answer: It's called a C2C market (consumer -to- consumer)
EX: Ebay, Craiglist, Etsy, etc.
If consumers believe they need a product and are willing to pay for it regardless of the price, that means the products demand is
Answer:
high
Explanation:
if somthing is more wanted ot in higher demand then a company will most likely charge more fot the products
Business markets differ in many ways from consumer markets. The main differences are in ________, __________, and __________.
Business markets differ in many ways from consumer markets. The main differences are in market structure, demand, and consumer.
The industrial market (also known as the producer or business market) is the set of all people and organizations that acquire merchandise and services that enter into the assembly of different products or services that square measure sold, rented, or provided to others.
This is everything you wish to understand regarding the styles of market segmentation: demographic, geographic, psychographic, behavioral, needs-based and transactional.
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Any recommendations of how to convince my parents to get me a dog?
Answer:
ok so u have to get a pet rock first u name it u take it out to go to the bathroom and everything u would do with a dog and it shows your parents you're ready for one u have to show them that u know how to take care of one first
Explanation:plz mark me branlyiest this worked for me so yea hope it helped
Taxes: The Internal Revenue Service reports that the mean federal income tax paid in the year 2010 was $8040. Assume that the standard deviation is $4700. The IRS plans to draw a sample of 1000 tax returns to study the effect of a new tax law. Part 1 of 5 (a) What is the probability that the sample mean tax is less than $8100 ? Round the answer to at least four decimal places. The probability that the sample mean tax is less than $8100 is Part 2 of 5 (b) What is the probability that the sample mean tax is between $7600 and $8000 ? Round the answer to at least four decimal places. The probability that the sample mean tax is between $7600 and $8000 is Part 3 of 5 (c) Find the 10 th percentile of the sample mean. Round the answer to at least two decimal places. The 10 th percentile of the sample mean is $ (c) Find the 10 th percentile of the sample mean. Round the answer to at least two decimal places. The 10 th percentile of the sample mean is $ Part 4 of 5 (d) Would it be unusual if the sample mean were less than $7600 ? Round answer to at least four decimal places. It unusual because the probability of the sample mean being less than $7600 is Part 5 of 5 (e) Do you think it would be unusual for an individual to pay a tax of less than $7600 ? Explain. Assume the variable is normally distributed. answer to at least four decimal places. because the probability that an individual to pays a tax less than $7600 is
To solve these problems, we can use the concept of the sampling distribution of the sample mean and the z-score.
Given:
Mean (μ) = $8040
Standard deviation (σ) = $4700
Sample size (n) = 1000
Part 1 of 5 (a):
To find the probability that the sample mean tax is less than $8100, we need to calculate the z-score and then find the corresponding probability using a standard normal distribution table.
First, calculate the standard error of the sample mean:
Standard Error (SE) = σ / √n = $4700 / √1000 ≈ $148.50
Next, calculate the z-score:
z = (X - μ) / SE = ($8100 - $8040) / $148.50 ≈ 0.404
Now, we can find the probability using the z-table:
P(Z < 0.404) ≈ 0.6563
So, the probability that the sample mean tax is less than $8100 is approximately 0.6563.
Part 2 of 5 (b):
To find the probability that the sample mean tax is between $7600 and $8000, we need to calculate the z-scores for both values and then find the difference in probabilities.
For $7600:
z1 = (X1 - μ) / SE = ($7600 - $8040) / $148.50 ≈ -2.966
For $8000:
z2 = (X2 - μ) / SE = ($8000 - $8040) / $148.50 ≈ -0.269
Now, we can find the probabilities using the z-table:
P(Z < -0.269) ≈ 0.3938
P(Z < -2.966) ≈ 0.0014
To find the probability between the two values, we subtract the smaller probability from the larger probability:
P(-2.966 < Z < -0.269) ≈ 0.3938 - 0.0014 ≈ 0.3924
So, the probability that the sample mean tax is between $7600 and $8000 is approximately 0.3924.
Part 3 of 5 (c):
To find the 10th percentile of the sample mean, we need to find the z-score that corresponds to the cumulative probability of 0.10.
Using the z-table, we find that the z-score corresponding to a cumulative probability of 0.10 is approximately -1.28.
Now, we can calculate the sample mean value:
Sample Mean = μ + (z * SE) = $8040 + (-1.28 * $148.50) ≈ $7892.16
So, the 10th percentile of the sample mean is approximately $7892.16.
Part 4 of 5 (d):
To determine if it would be unusual for the sample mean to be less than $7600, we need to calculate the probability.
First, calculate the z-score:
z = (X - μ) / SE = ($7600 - $8040) / $148.50 ≈ -2.966
Using the z-table, we find that the probability of a z-score less than -2.966 is approximately 0.0014.
So, the probability of the sample mean being less than $7600 is approximately 0.0014.
Part 5 of 5 (e):
To determine if it would be unusual for an individual to pay a tax of less than $7600, we can use the concept of z-score and the standard normal distribution.
Since
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Your hand:
Eight of Spades
Eight of Hearts
Your total: 16
Dealer hand:
Queen of Diamonds
[Face down card]
Would you like to hit or stay?
.b hit
.b stay
Answer:
stay I don't really know how to Evan gamble lol
Don' Pizza ell an 8-inch circular pizza for £5 and a 12-inch circular pizza for £10. Both are the ame thickne. Calculate the area of a circle with a diameter of 8 inche
The area of the circular pizza is 50.26 sq. inches. which is a diameter of 8 inches as per the given data.
The given data is:
The diameter of the circular pizza is 8 inches.
The radius of the circular pizza is calculated by using the formula,
Radius = (Diameter/2)
Radius = (8/2)
Radius = 4 Inches.
Therefore, the radius of the circular pizza is 4 inches.
The following formula can be used to determine the circle's area:
Circle area of pizza = (22/7) * (radius) * (radius)
Circle's area is equal to (22/7)*4*4.
Circle's area is 50.26 square inches.
The Area of a Circular Pizza is 50.26 Square Inches, we can deduce.
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The complete question is-
Don sells an 8-inch circular pizza for £5 and a 12-inch circular pizza for £10. Both are the same thickness. Calculate the area of a circle with a diameter of 8 inches.
help plz
Which of the following would be included in the U.S. gross domestic product
(GDP) measure?
O A. The value of Apple products made in Canada
B. The value of Levi jeans made in Malaysia
C. The value of Toyota cars made in California
D. The value of Nike shoes produced in China
SUBMIT
The correct option is C. The value of Toyota cars made in California would be included in the U.S. gross domestic product (GDP) measure
Gross domestic product (GDP) is the accepted unit of measurement for the value added produced by the production of goods and services in a nation over a specific time period.
Why is GDP measured?The term "gross domestic product," or "GDP," refers to the total monetary value, or "market value," of finished products and services produced inside a nation over a specific timeframe, usually a year or quarter. In this regard, it serves as a gauge of domestic output and a tool for assessing the state of an economy.
The quantity of all commodities and services produced is multiplied by their prices, and the resulting amount is used to calculate GDP. GDP can be calculated using either the total amount of goods and services purchased or the amount of production.
Thus, As a result, it also accounts for income generated from that output or total expenditures on finished goods and services and fewer imports.
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Bond market indexes can be difficult to construct because
A.
they cannot be based on firms' market values.
B.
bonds tend to trade infrequently, making price information difficult to obtain.
C.
there are so many different kinds of bonds.
D.
prices cannot be obtained for companies that operate in emerging markets.
E.
corporations are not required to disclose the details of their bond issues.
Answer:
B
Explanation:
B :P
Question #3
Multiple Select
The main types of markets are called
consumer
O industrial
customer
Oresidential
Question #4
Multiple Choice
The two most important types of marketplaces are consumer and business markets. There are also institutional markets, government markets, and global markets.
What other kind of markets are there?In a market where buyers and sellers may meet, there can be an exchange of commodities and services. Markets include both actual physical markets and digital ones, such those found online. There are additional examples, such as the stock market, gray market, and auction market.
Although it can be complicated, marketing is primarily driven by four variables: product, price, promotion, and place. These are the fundamental concepts around which everything else is built, and they apply regardless of how tactics and distribution methods evolve. The seven P's or another form of these core concepts are sometimes included.
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Why might a business conduct a life cycle assessment?
SafeNow sells its main product, ergonomic mouse pads, for $11 each. Its variable cost is $5.10 per pad. Fixed costs are $210,000 per month for volumes up to 65,000 pads. Above 65,000 pads, monthly fixed costs are $275,000. Prepare a monthly flexible budget for the product, showing sales revenue, variable costs, fixed costs, and operating income for volume levels of 40,000,55,000, and 70,000 pads.
The monthly flexible budget for SafeNow's ergonomic mouse pads at volume levels of 40,000, 55,000, and 70,000 pads is $26,000, $114,500, $138,000 respectively.
The monthly flexible budget for SafeNow's ergonomic mouse pads at volume levels of 40,000, 55,000, and 70,000 pads is as follows:
For 40,000 pads:
Sales Revenue = $11 x 40,000 = $440,000
Variable Costs = $5.10 x 40,000 = $204,000
Fixed Costs = $210,000 (up to 65,000 pads)
Operating Income = Sales Revenue - Variable Costs - Fixed Costs = $440,000 - $204,000 - $210,000 = $26,000
For 55,000 pads:
Sales Revenue = $11 x 55,000 = $605,000
Variable Costs = $5.10 x 55,000 = $280,500
Fixed Costs = $210,000 (up to 65,000 pads)
Operating Income = Sales Revenue - Variable Costs - Fixed Costs = $605,000 - $280,500 - $210,000 = $114,500
For 70,000 pads:
Sales Revenue = $11 x 70,000 = $770,000
Variable Costs = $5.10 x 70,000 = $357,000
Fixed Costs = $275,000 (above 65,000 pads)
Operating Income = Sales Revenue - Variable Costs - Fixed Costs = $770,000 - $357,000 - $275,000 = $138,000
The flexible budget takes into account the varying volume levels and calculates the sales revenue, variable costs, fixed costs, and operating income accordingly. The variable costs are calculated by multiplying the variable cost per pad ($5.10) by the number of pads. The fixed costs are determined based on the volume level. For volumes up to 65,000 pads, the fixed costs are $210,000, while above 65,000 pads, the fixed costs increase to $275,000. The operating income is obtained by subtracting the variable costs and fixed costs from the sales revenue.
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Because EFT payments require less manpower, they are _____ than mailed payments.
A. More efficient
B. Less accurate
C. Less secure
D. More accessible
Because EFT payments require less manpower, they are more accessible than mailed payments.So option d is correct.
What does the term "Electronic Funds Transfer" (EFT) signify in terms of payment?Electronic payments such as wire transfers, ACH transactions, and credit card payments are all referred to as "electronic funds transfers" (EFT). Without the direct involvement of bank workers, electronic cash transfers between bank accounts—whether they be between financial institutions or inside a single institution—are carried out via computer-based methods. The following are a few examples of common electronic money transfer transactions: automatic teller systems (ATM)
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Explain how running the school cafeteria is similar to running a command economy.
Answer:
Running the school cafeteria is similar to running a command economy. The school principal and kitchen staff, similar to a political leader and his/her government provides for the general population. The people in a power position dictate the rules for the cafeteria; what can be served etc.
Hope it helps you.You are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account. The return on the stock account is expected to be 7 percent, and the bond account will pay 4 percent. When you retire, you will combine your money into an account with a 5 percent return. How much can you withdraw each month during retirement assuming a 20-year withdrawal period?.
You are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account.
You are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account. The return on the stock account is expected to be 7 percent, and the bond account will pay 4 percent. When you retire, you will combine your money into an account with a 5 percent return. How much can you withdraw each month during retirement assuming a 20-year withdrawal period.
step 1, find the future value of your deposits
Find fv of stocks, pmt=-1100, i=7/12, n=15*12=180, and compute fv=348658.53 as below
FV = PV[(1+r)^n - 1] / r
= 1100 [(1+0.005833333)^180 - 1 ]/ 0.005833333
= 348658.5264
Find fv of bond, pmt=-500, i=4/12, n=15*12=180, and compute fv=123045.24
FV = PV[(1+r)^n - 1] / r
= 500 [(1+0.003333333)^180 - 1 ]/ 0.003333333
= 123045.2441
This gives a total of 471703.77.
Use this fv as the new pv in 15 years and solve for payment. pv=471703.77, n=20*12=240, i=5/12, fv=0, and compute the pmt = 3113.04
PV = P [(1 - (1+r)^-n] / r
471703.77 = P [(1 - (1+0.004167)^ -240] / 0.004167
471703.77 = P * 151.5253
P = 471703.77 / 151.5253
P = 3113.036 i.e. 3113.04
Retirement refers to the time of life when one chooses to permanently leave the workforce behind. The traditional retirement age is 65 in the United States and most other developed countries, many of which have some kind of national pension or benefits system in place to supplement retirees' incomes. Retirement is the most happiest thing to an employee in an organization .
Full retirement age is when an individual can collect the maximum amount of Social Security benefits, which is typically age 67 if you were born in 1960 or later. However, Social Security benefits are reduced for those who decide to retire early.
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PLS HELP When did savings account interest rates start falling?
5 points
The late 1980s.
The late 1990s.
The early 2000s.
Answer:
The early 2000's
Explanation:
Sherry owns a car business. She just received a shipment of Volkswagen SUVs. She paid $60,000 for each vehicle and wants to make 25% on each car sale. What is Sherry's selling price?.
The selling price of the price that is offered to the buyer of the goods. The selling price of the car should be $75,000.
What is the selling price?The selling price is the ultimate value of the goods the seller is willing to offer to the buyer at the time of sale. It is determined by adding up the profit margin to the actual cost of the goods.
The computation of the selling price of the car:
Given,
Cost price =$60,000Margin =25%\(\begin{aligned}\text{Selling Price}&=\text{Cost Price}+\text{Margin}\\&=\$60,000+(\$60,000\times25\%)\\&=\$60,000+\$15,000\\&=\$75,000\end{aligned}\)
Therefore, if Sherry wants to make 25% on the sale of each car then the car must be sold at $75,000 each.
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What can be said about the culture of services?
I. Processes are invisible
II. Processes are well defined
III. More scientific
IV. Not well defined or documented
A. I, II, and III only
B. I, II, and IV only
C. II, III, and IV only
D. All of the above
In the service culture, processes are invisible and procedures are not well defined or documented. This culture is focused on customer service, to provide the best experience.
Therefore, processes are invisible, that is, the customer is not able to identify internal processes if they are not useful, but they must perceive the service as a mystery where all their needs are promptly met.
In the service culture, this is also not well defined or documented, so as not to create standardization of the service, but a personalized service that meets the needs of each customer individually.
Therefore, in the service culture, the focus is on offering the best experience for the customer, through the creation of value, excellent service and employees capable of satisfying their needs.
The service culture is capable of generating greater competitiveness, customer loyalty and positioning for a company.
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Which statement(s) most directly apply to capitalism? I. There is heavy government regulation of industry. II. Individuals can start some, but not all, kinds of enterprises. III. The price and availability of goods is determined primarily by the market. A. I and II b. II only c. I and III d. III only.
Capitalism refers to private ownership of trade and industries and price of good and services determine by the market.
What do you mean by capitalism?It is the countries economic and political system where trade, industries and capital goods are owned and controlled by private individuals for profit rather than the government.
The statement that the price and goods availability is determined primarily by the market explains the capitalism.
Therefore, option d aptly describes capitalism.
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Suppose an unregulated natural monopoly becomes regulated using marginal cost pricing. As a result, the firm's profits would Group of answer choices increase substantially. decrease substantially, but remain positive. be brought down to zero. become negative.
Answer:
you queastioncove its better
Explanation:
suppose that a credit card holder with card-related rental car insurance is driving the rental just outside of denver, colorado when a severe hail storm occurs, causing serious damage to the car. which portion of the card-related rental car insurance might cover damage to the car resulting from hail?a
Comprehensive portion of the card-related rental car insurance might cover damage to the car resulting from hail .
Comprehensive insurance provides coverage for both repair and replacement costs. Third-party liabilities, damage from an accident, fire, natural disaster, theft, etc. are often covered by comprehensive automobile insurance. Any damage to an automobile, excluding damage from a collision, is covered by comprehensive auto insurance. This covers environmental dangers like deer collisions and falls. Comprehensive coverage, like other types of vehicle insurance, covers a portion of the loss if your automobile is damaged. The "deductible" is a portion of the price that the car owner will also be responsible for paying. Repairs or the purchase of a new car may be covered by the insurance payout. An substantial automobile insurance policy known as "compact vehicle insurance" protects the insured against both their own damages and any third-party liabilities.
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Nexus Corporation uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. Last year, the company's estimated manufacturing overhead was $1,200,000 and its estimated level of activity was 50,000 direct labor-hours. The company's direct labor wage rate is $12 per hour. Actual manufacturing overhead amounted to $1,240,000, with actual direct labor cost of $650,000. For the year, manufacturing overhead was:
Answer:
$60,000
Explanation:
Calculation for what manufacturing overhead was:
First step is to calculate the Predetermined overhead rate
Estimated total manufacturing overhead $1,200,000
÷ Estimated total direct labor-hours 50,000
direct labor-hours
Predetermined overhead rate=$24.00per direct labor-hour($1,200,000÷50,000)
Second step is to calculate Actual direct labor-hours
Actual direct labor-hours = $650,000 ÷ $12.00 per direct labor-hour
Actual direct labor-hours = 54,166.67 direct labor-hours
Now let calculate Manufacturing overhead
Manufacturing overhead applied$1,300,000
(54,166.67*$24.00)
Less Manufacturing overhead incurred(1,240,000)
Manufacturing overhead $60,000 Overapplied
Therefore manufacturing overhead was:$60,000
PLEASE HELP AND HURRY!!!
Just tell me A B C or D for these 3 questions... Thanks so much
Answer:
C A D
Explanation:
Which of the following would increase aggregate demand?
the five-step marketing research approach begins with ________ and ends with ________.
Answer:
B. defining the problem; taking marketing actions
The five-step marketing research approach begins with ___________ and ends with ___________.
A. collecting data; analyzing it for possible recommendations
B. defining the problem; taking marketing actions
C. developing the research plan; developing findings
D. collecting relevant information; develop findings
Explanation:
true/false. a proxy is a legal document that instructs a stockholder’s agent how to vote shares of stock for the stockholder.
True. A proxy is a legal document that authorizes another person, known as a proxyholder or proxy agent, to vote on behalf of a stockholder at a shareholder meeting.
The proxy document provides instructions to the proxyholder on how to vote for the shares of stock owned by the stockholder. Proxy voting is a common practice in corporate governance, allowing stockholders who are unable to attend shareholder meetings to have their voices heard and their votes counted. The proxyholder is expected to vote in accordance with the instructions provided in the proxy, representing the stockholder's interests and preferences.
Proxy documents serve as a means for stockholders to exercise their voting rights and participate in the decision-making processes of the company.
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Which of the following accounts does not require any minimum balance in order to open that account?
To open a checking, savings, CD, or money market account, some banks and credit unions require a minimum deposit. To qualify for an APY or avoid a fee, these financial institutions may also require you to maintain a certain minimum balance.
The essential information regarding bank account minimum balance and deposit requirements can be found here.
A minimum deposit is typically a predetermined amount that a bank or credit union requires you to make in order to open an account or take advantage of certain benefits.
The two most typical kinds of minimum deposits are listed below.
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