because each firm in an oligopoly market structure cares about its own profit, firms have difficulty maintaining the same degree of monopoly power enjoyed by a monopolist. T/F?
Answers
True. In an oligopoly market structure, firms have difficulty maintaining the same degree of monopoly power enjoyed by a monopolist.
Oligopoly is a market structure characterized by a small number of large firms dominating the market. Each firm in an oligopoly is aware of the interdependence among competitors and the potential impact of their actions on market outcomes. Unlike a monopolist, who enjoys complete control over the market and can set prices at their discretion, firms in an oligopoly face challenges in maintaining the same level of monopoly power.
One of the primary reasons for this difficulty is the presence of competition within the oligopoly. In an oligopoly, firms are constantly vying for market share and seeking to maximize their own profits. Since each firm is motivated by its self-interest, they engage in strategic decision-making, such as pricing, advertising, and product differentiation, to gain a competitive edge. These actions can erode the market power of any individual firm and prevent them from enjoying the same degree of monopoly power as a monopolist.
Moreover, the interdependence among firms in an oligopoly leads to a complex dynamic where the actions of one firm can trigger reactions from others. For example, if a firm in an oligopoly raises its prices, other firms may respond by lowering their prices or introducing more attractive offers to capture market share. This competitive response creates a competitive pressure that limits the ability of any single firm to maintain monopoly power.
Additionally, the presence of potential entry and exit of firms in an oligopoly further restricts the ability to maintain monopoly power. If firms in the oligopoly are earning excessive profits, it attracts new entrants who seek to compete for a share of those profits. The entry of new firms introduces more competition and dilutes the market power of existing firms. Similarly, if firms are experiencing losses or facing challenging market conditions, they may exit the market, which can result in reduced competition and potentially allow the remaining firms to gain some market power.
In conclusion, due to the competitive nature and interdependence among firms in an oligopoly, they face challenges in maintaining the same degree of monopoly power enjoyed by a monopolist. The pursuit of self-interest and the strategic actions taken by firms, along with the presence of competition and the potential for entry and exit, prevent any single firm from dominating the market to the extent a monopolist can.
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Related Questions
The three legal forms of business ownership are _____. A. Sole proprietorship, partnership, and franchise b. Sole proprietorship, franchise, and corporation c. Partnership, franchise, and corporation d. Partnership, sole proprietorship, and corporation Please select the best answer from the choices provided A B C D.
Answers
The correct statement is that the forms of business like Sole proprietorship, partnership and corporation are forms of ownership. So, the correct option is D.
The franchise business form does not give the franchisee an ownership of the business, rather, it gives the franchisee a license to operate its business for such time.
Forms of Business OrganizationForms of business organization is an establishment of an artificial individual person to conduct business with an intention to share profits and losses, if any. A sole proprietorship is such form of business where the control, ownership and management of an organization is in the hands of a sole owner. A partnership is an establishment of two or more individual into an agreement of conducting business with a view to share profits in a predetermined proportion.A corporation is of two types - private and public. A private corporation is an establishment having at least two members holding share in the company.
Hence, the correct option is D that the three legal forms of business ownership are partnership, sole proprietorship and corporation.
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Answer:
the correct answer for this question would be D
Explanation:
i say this because i took the test and when you
Last year, Crow Corporation acquired land in a transaction that qualified under § 351. The land had a basis of $400,000 to the contributing shareholder and a fair market value of $310,000. Assume that the shareholder also transferred equipment (basis of $100,000, fair market value of $200,000) in the same § 351 exchange. In the current year, Crow Corporation adopted a plan of liquidation and distributes the land to Ali, a shareholder who owns 20% of the stock in Crow Corporation. The land’s fair market value was $230,000 on the date of the distribution to Ali. Crow Corporation acquired the land to use as security for a loan it had hoped to obtain from a local bank. In negotiating with the bank for a loan, the bank required the additional capital investment as a condition of its making a loan to Crow Corporation. How much loss can Crow Corporation recognize on the distribution of the land?
a. $0
b. $80,000
c. $90,000
d. $170,000
e. None of the above
Answers
The loss that Crow Corporation can recognize on the distribution of the land is $170,000. The correct option is D.
To determine the loss that Crow Corporation can recognize on the distribution of the land, we'll follow these steps:
Determine the adjusted basis of the land for Crow Corporation.
In a § 351 transaction, the basis of the property transferred to the corporation is the same as the basis in the hands of the contributing shareholder. In this case, the basis of the land is $400,000.
Determine the amount realized from the distribution.
The fair market value of the land on the date of the distribution to Ali is $230,000. This is the amount realized from the distribution.
Calculate the loss by comparing the adjusted basis and the amount realized.
Loss = Adjusted Basis - Amount Realized
Loss = $400,000 - $230,000
Loss = $170,000
However, under § 336(a), a corporation generally does not recognize a loss on the distribution of property in complete liquidation.
Therefore, the correct answer is D.
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which economic indicators most strongly suggest than an economy is experiencing the expansion phase of the business cycle?
Answers
The economic indicators that most strongly suggest that an economy is experiencing the expansion phase of the business cycle are as follows: GDP Growth Rate, Employment, Consumer Confidence, Industrial Production, Investment and Capital Spending.
1. GDP Growth Rate: The growth rate of gross domestic product (GDP) is a crucial indicator of economic expansion. When the GDP is growing rapidly, it suggests that the economy is experiencing an expansion phase.
2. Employment: When an economy is in expansion, it will generate jobs, lowering unemployment rates. Therefore, falling unemployment rates indicate that the economy is growing.
3. Consumer Confidence: Consumer confidence is critical to the expansion phase of the business cycle. A rise in consumer confidence suggests that individuals believe that the economy will continue to grow.
4. Industrial Production: Industrial production also a crucial economic indicator. Industrial production growth shows that there is increased demand in the economy, meaning that it is growing.
5. Investment and Capital Spending: When businesses are investing in the economy by increasing their capital expenditure, it indicates that they believe the economy will continue to grow. When companies invest, it leads to increased job creation and economic growth.
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Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below:
Sales $ 18,290,000 Net operating income $ 877,920 Average operating assets $ 4,510,000 The division's return on investment (ROI) is closest to:
Multiple Choice
4.80%
19.47%
15.62%
1.80%
Answers
The correct answer is 19.47%. ROI alone does not provide a complete picture of the division's financial performance.
The return on investment (ROI) is a financial metric that measures the profitability of an investment relative to the amount of capital invested. It is calculated by dividing the net operating income by the average operating assets. In the case of Agustin Industries, the sales are $18,290,000, the net operating income is $877,920, and the average operating assets are $4,510,000.
To calculate the ROI, we divide the net operating income by the average operating assets:
ROI = Net Operating Income / Average Operating Assets
Substituting the given values:
ROI = $877,920 / $4,510,000
Calculating this division gives us the ROI as a decimal value. To convert it to a percentage, we multiply by 100:
ROI = ($877,920 / $4,510,000) * 100
Using a calculator to perform the division, we find that the ROI is approximately 19.47%.
Therefore, the correct answer is 19.47%, which is closest to the given multiple-choice option.
The ROI is an important performance measure for businesses as it provides insights into how effectively a company utilizes its assets to generate profits. A higher ROI indicates that the division generates more income relative to the capital invested, which is generally favorable. It signifies efficient utilization of resources and a higher potential for generating returns for the company.
In the case of Agustin Industries, with an ROI of approximately 19.47%, it suggests that for every dollar of average operating assets invested in the division, the company is generating a return of approximately 19.47 cents. This indicates a relatively strong performance and efficient use of assets within the division.
It is important to note that ROI alone does not provide a complete picture of the division's financial performance. Other factors such as revenue growth, profit margins, and capital structure should also be considered to assess the overall health and profitability of the division. Nonetheless, ROI serves as a valuable metric to evaluate the division's efficiency and effectiveness in generating profits.
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Shelly is reading a chapter in her science book. She wants to note the main ideas and details, and wants to pay close attention to a few of the important names as she reads. How can Shelly use highlighting to make the information she is looking for stand out?
She can use three different highlighters: one for the main idea, one for the details, and one for important names. She can use one highlighter and highlight the entire paragraphs that have a main idea, detail, or important name. She can use one highlighter to highlight all of the big words in each paragraph. She can use two different highlighters: one for the first sentence of each paragraph and one for the last sentence in each paragraph.
Answers
Answer:
A. She can use three different highlighters: one for the main idea, one for the details, and one for important names.
Explanation:
Color-coding highlighters to things your need to memorize/take notes on is an esay way to know what's what without having to read everything you highlighted and hope you find the thing you need.
Answer: The first one (She can use one for the main idea, one for details, and one for important names)
Client-server architectures:
a. cannot connect computers that use different hardware
b. are one of the least used network architectures today
c. can use middleware to provide a standard way of communicating between software from more than one vendor
d. assign the responsibility for the presentation logic to the server
e. were the earliest type of network architectures
Answers
Answer:
c. can use middleware to provide a standard way of communicating between software from more than one vendor
Explanation:
Client-server architecture refers to the architecture where there are various clients that request and received the services from the server i.e. centralized. It also provides an interface to permit the computer user in order to request the service with regard to the server and according to that the results are displayed
So as per the given situation, the correct option is c. as it also applied as the middleware so to provide the way of communication that lies between the software from having minimum of one vendor
The partnership agreement of Payton and Namath provides for salary allowances of $45,000 to Payton and $35,000 to Namath, with the remaining income or loss to be divided equally. During the year, Payton and Namath each withdraw cash equal to 80% of their salary allowances. If partnership net income is $100,000, Payton's equity in the partnership would: ______
Answers
Payton's equity in the partnership would be $55,000.
Given,
Salary allowances of Payton = $45,000
Salary allowances of Namath = $35,000
Remaining income or loss = Equally divided
Cash withdrawn by Payton = 80% of $45,000 = $36,000
Cash withdrawn by Namath = 80% of $35,000 = $28,000
Total cash withdrawn = $36,000 + $28,000 = $64,000
Partnership net income = $100,000
Total equity of partnership = $45,000 + $35,000 + $20,000($20,000 is 50% of ($100,000 - $64,000))= $100,000
Payton's equity in the partnership = Salary allowance + 50% of the partnership profit
$45,000 + 50% of $20,000= $45,000 + $10,000= $55,000
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which of the following is not a good reason to form a family partnership? multiple choice no gift tax is due on the transfer non-voting interests can be given to younger family members to ensure the older generation maintains operational control a buy-sell agreement can ensure that all ownership interests are retained in the family income can be shifted to lower-tax-rate individuals
Answers
The reason that is not a good reason to form a family partnership is: no gift tax is due on the transfer.
Forming a family partnership can be an effective way to manage and transfer family assets, but it's important to understand the reasons and implications behind such a decision. While the other three options provided (non-voting interests, maintaining operational control, and income shifting) can be valid reasons for forming a family partnership, the statement "no gift tax is due on the transfer" is not a sufficient reason on its own. The formation of a family partnership should not solely be motivated by avoiding gift taxes. While transferring assets through a family partnership may have gift tax benefits, the primary focus should be on the operational and strategic aspects of the partnership, such as maintaining control, succession planning, and tax efficiency.
Family partnerships are typically formed to facilitate effective management and control of family-owned assets, provide a framework for generational transfers, and ensure continuity in the family business or wealth management. Non-voting interests can be given to younger family members to gradually involve them in the partnership's operations while maintaining control with the older generation. A buy-sell agreement can help establish a mechanism for the smooth transition of ownership within the family. Income shifting to lower-tax-rate individuals can be achieved through proper tax planning and structuring.
In summary, forming a family partnership should be based on the strategic and operational needs of the family, rather than solely focusing on avoiding gift taxes. Gift tax implications should be considered as part of a comprehensive approach to family wealth and business management.
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How would you explain the way a cap and trade policy works to someone who has not studied economics? 2. How would you respond to their concerns that the policy is likely to be ineffective or unfair? Discuss this in the context that the cap and trade policy creates a market. 3. Now draw a cap and trade model where firm A has a technology where y=x and firm B has a technology where y=2x. The functions are the firms’ marginal cost of abatement curves. The initial split of permits is 80:20 in favour of firm A. The level of optimal abatement is 150 gigatonnes. Draw the cap and trade model for these two firms and show the outcome after trading. Label all relevant quantities.
Answers
1. Cap and trade is an environmental policy instrument used to control and regulate pollution by mandating the maximum amount of pollution a company can emit, creating market mechanisms, and incentivizing innovation.
2. The cap and trade policy can be effective in reducing pollution and encouraging innovation.
Explanation:
Cap and trade is an environmental policy instrument used to control and regulate pollution by mandating the maximum amount of pollution a company can emit, creating market mechanisms, and incentivizing innovation. It operates through a system of permits, wherein the government sets the maximum level of pollution, issues permits up to that limit, and then distributes or auctions them among polluting companies. Companies can then buy or sell these permits, allowing them to pollute to a certain level.
Answer 2
The cap and trade policy can be effective in reducing pollution and encouraging innovation. It sets a clear limit on pollution and provides incentives for companies to reduce their emissions. The market mechanism also allows for flexibility, enabling companies to trade permits and reduce costs. However, some may argue that the policy is unfair because companies with lower emissions can sell permits to those with higher emissions, enabling them to continue polluting. To address this concern, the policy can be designed to account for such externalities or impose taxes or penalties on high-emission companies.
Answer 3
The marginal cost of abatement curves (MCAs) for the two firms can be graphed as follows:
For firm A, y = x, and for firm B, y = 2x, as given. The number of permits initially assigned is 80% for firm A and 20% for firm B. The firms will be able to sell permits, with firm A offering them at a lower price of $10 per permit and firm B offering them at $20 per permit.
The market price of the permits will be $15 because, in equilibrium, the quantity of permits demanded equals the quantity of permits supplied. It can be seen that firm B will purchase 20% of the total permits while firm A will sell 80%. The level of abatement is 150 units, which is the amount the market will reduce pollution by. The market equilibrium is shown in the graph below:
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Imagine that you are a college student, and you use Tasks to manage all your school assignments. Would there be any disadvantages to this system?
Answers
Homework can develop time management skills, forcing students to plan their time and make sure that all of their homework assignments are done on time.
Answer:
Explanation: i though the same thing
which pair of issues from the bulleted list above (the first four mainly for the business community, the second four mainly for the protestors) could the mayor suggest that the two sides negotiate as an area of common interest? (from the mayor's point of view, in this immediate crisis, this would be a stasis.) select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a reduction of customer traffic to area businesses and first amendment (speech) rights of protesters b inconvenience to business owners and employees getting to work and police harassment c unsanitary condition of public property and lack of public bathroom facilities d unseemliness of large population of homeless tent dwellers and police harassment
Answers
Take, for example, the two funda- mental, conflicting dilemmas of a negotiation: the predicament of honesty and the dilemma of have confidence (Kelley, 1966).
The quandary of honesty concerns how trustworthy each birthday celebration must be with the other.
What are the 3 motives negotiations occur?Negotiations show up for countless reasons: (1) to agree on how to share or divide a constrained resource, such as land, or money, or time; (2) to create something new that neither birthday celebration may want to do on his or her own, or (3) to unravel a hassle or dispute between the parties.
What are the principal social factors in negotiation?A negotiator have to apprehend the social context of the negotiation. Negotiation occurs in a context of rules, such as customs, habits, situations, cultural norms, non secular doctrine, laws, and political pressures.
What are the four kinds of dilemma?In LDRS 111 you were added to four one-of-a-kind moral quandary paradigms: fact vs loyalty, short-term vs long-term, person vs community, and justice vs mercy.
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When Molly broke a clipboard over her knee and then hurled the broken pieces toward her employees, she was creating ________ conflict.
Answers
Based on sociological context, when Molly broke a clipboard over her knee and then hurled the broken pieces toward her employees, she created a personality clash conflict.
What is a Personality Clash Conflict?Personality Clash Conflict is a conflict that usually occurs at a workplace. It usually involves a situation where employees perceive the action of a superior or employer as inappropriate or disrespectful.
Given that the activities conducted by Molly may be perceived as inappropriate or disrespectful by her employees, this is an example of Personality Clash conflict.
Hence, in this case, it is concluded that the correct answer is Personality Clash Conflict.
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ESTIONS
Discuss FOUR phases of business cycle in detail
Answers
Answer:
The answer is below
Explanation
1. Expansion: this is a period in which business is growing at a considerable rate. Such as an increase in production and sales
2. peak: this is a period in which production and prices increase beyond the normal level. This shows there is no longer room for increment.
3. contraction: this is a period in a business cycle in which the productions and sales began to fall due to low patronage and a bad economy.
4. Trout: this is a peak period in which business models lost their values in terms of production and sales. At this point, it is believed that the business cannot get worse.
What was the approximate time period of the sales era?
Answers
Fill in the blank... (business!)
Answers
Answer:
Local market conditions or Local environmental conditions.
Explanation:
The answer is - Local market conditions or Local environmental conditions.
Reason -
Decentralized organizational structures often have several individuals responsible for making business decisions and running the business. Decentralized organizations rely on a team environment at different levels in the business. Individuals at each level in the business may have some autonomy to make business decisions.
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Annette's Photo Shop is a retail store that sells cameras and photography supplies. The company began operations April 1, 20X1. The
firm purchases its merchandise for cash and on open account. During April, the company engaged in the following transactions:
DATE TRANSACTIONS
20x1
April 1 Purchased camera film on credit from Camera & Film Products, Invoice 825, $1,010, terms n/30; freight of $20
prepaid by Camera & Film Products and added to the invoice (total amount due, $1,030).
Required:
2. Record the transactions in a general journal.
3. Post the entries from the general journal to the appropriate general ledger accounts.
GENERAL LEDGER ACCOUNTS
101 Cash, $11, 800 Dr.
205 Accounts Payable
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3 Purchased lenses on credit for $855 from Vision Supplies, Inc., Invoice 998, terms n/30.
11 Purchased DVD camcorders on credit for $5,600 from Optical Products, Invoice 4101, terms n/30.
15 Recorded various purchases of merchandise for cash from April 1 to April 15, $2,550.
26 Purchased lighting equipment on credit from Myers Brothers Camera Supplies, Invoice 9288, $6,400, terms n/30;
freight of $227 prepaid by Myers Brothers Camera Supplies and added to the invoice (total amount due, $6,627).
27 Issued Check 102 for $585 to Vision Supplies, Inc., in partial payment of Invoice 998 dated April 3.1
30 Recorded various purchases of merchandise for cash from April 16 to April 30, $3,020.
30 Issued Check 103 to Camera & Film Products in payment of the total amount due on Invoice 825 dated April 1.
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Answers
The transactions which is prepared in journal are hereby recorded as follows:
How are the transactions reflect in the journal?Record the transactions in a general journal:
Date |Account |Debit | Credit
Apr 1 |Camera & Film Products |$1,030 |
Accounts Payable | |$1,030 |
Apr 3 | Vision Supplies, Inc. | $855 |
Accounts Payable| |$855 |
Apr 11 |Optical Products | $5,600 |
Accounts Payable | |$5,600 |
Apr 15 | Purchases| $2,550 |
Cash | |$2,550 |
Apr 26 |Myers Brothers Camera Supplies | $6,627 |
Accounts Payable | | $6,627 |
Apr 27 |Accounts Payable | $585 |
Cash | | $585 |
Apr 30 |Purchases |$3,020 |
Cash $3,020
Apr 30 |Camera & Film Products| |$1,030
Cash |$1,030 | |
3. Post the entries from the general journal to the appropriate general ledger accounts:
101 Cash:
Date |Description |Debit |Credit |Balance
Apr 15 |Purchases | |$2,550 |$2,550
Apr 27 |Accounts Payable| |$585 |$2,965
Apr 30 |Purchases | |$3,020 |$5,985
Apr 30 |Camera & Film Product |$1,030| |$4,955
205 Accounts Payable:
Date |Description |Debit |Credit |Balance
Apr 1 |Camera & Film Products| |$1,030 | $1,030
Apr 3 |Vision Supplies, Inc. | |$855 |$1,885
Apr 11 |Optical Products| |$5,600 |$7,485
Apr 26 |Myers Brothers Camera Supplies| | $6,627 | $14,112
Note: The entries for the purchases on credit have not been posted yet, as they do not have a specific account to be posted to. This will be done when the purchases are paid for and recorded in the general journal.
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11. True or false. A crime is an offense against the public at large.
a. TRUE
b. FALSE
Answers
Answer:
I mean I'm pretty sure that's true considering crime is against the law.
It is true that a crime is an offense against the general public. Thus option (A) is correct.
What is the offense?You know, playing offense refers to taking proactive measures, approaching rather than avoiding situations, getting a head start on the day, and tackling the difficult task first. By taking the offensive, you are shaping your life rather than letting it happen to you. Compared to playing defense, it is considerably more intriguing and gratifying.
The offensive conduct is the primary focus of a public order felony charge. While public order offenses generally follow a similar pattern across all states, certain local governments may have extra or different laws.
Such actions are viewed as crimes not because an obvious offender and victim can be identified, but rather because the larger community, or at least a vocal and influential portion of it, feels offended and hence victimized by such actions. Public order offenses have different legal standing in different jurisdictions.
Therefore, Thus option (A) is correct.
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A surface, such as a prep table, that touches food or from which food could drip or drain onto surfaces that touch food is
called a "food-splash surface."
True
False
Answers
Answer:
False
Explanation:
Food contact surface is what it is called
Mila invested $1,800 in a one-year CD earning 3.1% annual interest. How much interest will Mila earn?
Answers
Answer:
the interest mila earned for one year is $55.80.
I apologize if this is wrong I'm not super good with business
Open-ended credit is credit for which debtors are given a specified amount of credit to purchase specific consumer goods and intangible goods.
Answers
Answer: False
Explanation:
Open-ended credit does not work by specified borrowing amounts given to a debtor to purchase specific goods.
Rather it works by giving the debtor a limit on the amount they can borrow and they are allowed to borrow whatever amount they want within that limit.
The credit described in the question is a close-ended credit.
Indicate the point where a monopoly will set its price.
Answers
Answer:
Equilibrium point.
Explanation:
The equilibrium price is the only price where the plans of consumers and the plans of producers agree—that is, where the amount consumers want to buy of the product, quantity demanded, is equal to the amount producers want to sell, quantity supplied. This common quantity is called the equilibrium quantity. At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.
20 points!
Which sentence indicates that Brian has instituted a loyalty program?
(1) Brian runs a juice bar that sells fresh juice products. (2) He hopes customers will drink the juices to stay healthy. (3) He offers a free juice for every customer who buys nine juices. (4) He also advertises the health benefits of fresh juice. (5) He hopes such an advertisement will attract new customers.
Answers
Answer:
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Explanation:
A customer loyalty program or rewards program is a marketing strategy that rewards loyal customers that frequently engage with a brand.
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Answer:
Offers free juice.....
Explanation:
correct on test
several factors will be considered by the board of directors and management as they consider the level of dividend payout. some of these factors include: the ability of the firm to generate cash to sustain the level of dividends. legal and contractual considerations growth opportunities all of the above
Answers
The first hypothesis states that the level of current and anticipated future earnings as well as the pattern or continuity of previous dividends are the most significant factors influencing a company's dividend policy.
The variables in Lintner's (1956) behavioral dividend policy model are comparable to these factors.
Is the company declaring an additional dividend in addition to the regular dividend payout?
A one-time dividend paid to a company's shareholders is called an extra dividend. When a company has extra cash and can reward its shareholders, it pays an additional dividend. Unlike the company's regular dividends, extra dividends are typically one-time events that are paid out in larger amounts.
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The basic problem of macroeconomic financial planning was a) to make sure that there was a balance in the foreign trade account. a b) to ensure that the demand for steel and other basic commodities equaled the supply- c) to set prices equal to cost. d) to equate the aggregate demand to aggregate supply. e) all of the above.
Answers
Option d) to equate the aggregate demand to aggregate supply.
Macroeconomic financial planning includes setting economic policies to achieve objectives related to economic indicators like inflation, economic growth, and employment. The primary problem of macroeconomic financial planning was to equate aggregate demand to aggregate supply. When there is a match between the two, the economy operates efficiently as there is no shortage or surplus of goods and services in the economy.
An economy is said to be in equilibrium when the aggregate demand is equal to aggregate supply. If aggregate demand is more than the aggregate supply, it can lead to inflation, and if aggregate supply is more than the aggregate demand, it can lead to deflation. Therefore, the problem of macroeconomic financial planning is to maintain a balance between aggregate demand and aggregate supply.
Option A) to make sure that there was a balance in the foreign trade account is a partial answer. This is one of the components that help maintain the balance of payments. In macroeconomic financial planning, maintaining balance in foreign trade is important as any deficit in the foreign trade account can have an impact on the economy.
Option B) to ensure that the demand for steel and other basic commodities equaled the supply is incorrect because macroeconomic financial planning is not only about steel and other basic commodities. It deals with all the goods and services produced in an economy.
Option C) to set prices equal to cost is incorrect because macroeconomic financial planning does not regulate prices of goods and services. It sets policies that can impact the overall economy by maintaining equilibrium between aggregate demand and aggregate supply.
Option E) all of the above is incorrect because option A, B, and C are incorrect. The only correct option that fits into the question is Option D.
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A large scale study conducted over a one year period has shown that break-ins at home occur about 6% of the time in the population. the study also shows home security alarms went off 4% of the time when no one was breaking into the home. the security alarm failed to go off 3% of the time when someone was really breaking into the home. what is the probability that a home has been broken into and the alarm did not go off?
Answers
Answer:
0.0018
Explanation:
The computation of the probability in the case when the home is broken and the alarm did not go off is shown below:
= P(Broken into) × P(Alarm did not go off)
= 0.06 × 0.03
= 0.0018
By multiplying the broker into with the alarm did not go off so that the probability could come and the same is to be considered
What is one benefit of continuing your education after high school?
A. The ability to earn money immediately
B. Postponing responsibility for your actions
C. Increased earnings over the course of your career
D. There is no benefit to continuing your education.
Answers
Answer:
C
Explanation:
The most relevant one because university is the place to produce expert in many fields. Thus this will increase your earnings within your course of career.
Answer:
c
Explanation:
thomas is an unlicensed person and he has been appointed a trustee of a special needs trust for his nephew. the trust will be funded by the sale of his sister's property. thomas prepares to list the property and when it sells, he will put the money into the trust as he is required to do. does thomas need a license?
Answers
Thomas needs a license since he is representing another in selling property.
Which of the aforementioned punishments would an unlicensed individual incur if they carried out tasks that required a real estate licence in the state of Massachusetts?
Anyone who works as a broker or salesperson without a licence or advertises as one will face a maximum $500 fine from a court of law. An unlicensed person cannot get a "finder's fee" from a broker.
What kinds of sanctions may be imposed on a person operating in the real estate industry in South Carolina without a licence?
To practise as a real estate broker, salesperson, or property manager, a valid licence is necessary. A misdemeanour offence has a maximum $500 fine, up to 6 months in jail, or both, depending on the severity of the infraction.
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On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,390 in assets to launch the business. On December 31, the company’s records show the following items and amounts.
Cash $ 13,210 Cash withdrawals by owner $ 1,460
Accounts receivable 13,320 Consulting revenue 13,320
Office supplies 2,720 Rent expense 2,950
Land 45,910 Salaries expense 6,290
Office equipment 17,350 Telephone expense 830
Accounts payable 7,970 Miscellaneous expenses 640
Owner investments 83,390
Using the above information prepare a December income statement for the business.
Answers
Based on the information given the December statement of cash flows for Ernst Consulting is $2,610.
Income statement:ERNST CONSULTING Income Statement For Month Ended October 31
REVENUES
Consulting fees earned $13,320
Total revenues $13,320
EXPENSES
Rent expense $2,950
Salaries expense $6,290
Telephone expense $830
Miscellaneous expenses $640
Total expenses $10,710
($2,950+$6,290+$830+$640)
Net income $2,610
($13,320-$10,710)
Inconclusion the December statement of cash flows for Ernst Consulting is $2,610.
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What is the gross income for a real estate agent in 2021?
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Answer:
It depends on where you live and your experience level, but in the US a real estate agent can make approximately $82,898 a year, while you can expect to be paid around 15 to 30 thousand a year, within the first few years.
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Addie's Cupcakes.announced that next year's annual dividend will be $2.34, and that subsequent dividends will increase by 4.9 percent annually. Assuming a 13 percent required return, what should the price of this stock be today
Answers
Assuming a 13 percent required return the price of the stock today should be $27.61.
To calculate the price of the stock today, we can use the dividend discount model:
Price = D₁ / (r - g)
where D₁ is the expected dividend for next year, r is the required return, and g is the expected growth rate of dividends.
D₁ = $2.34 x (1 + 0.049) = $2.45
r = 0.13
g = 0.049
Plugging in these values:
Price = $2.45 / (0.13 - 0.049) = $27.61
Therefore, assuming a 13 percent required return the price of the stock today should be $27.61.
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