Demand, supply and elasticities - products classification and
impact on industries

Answer:

One way that human resource departments affect organizations is that they manage employee recruiting, which determines which employees are hired. The recruitment process typically involves such tasks as looking at resumes, attending job fairs and conducting multiple interviews.

variable costs are costs involved with the production of goods and services and it is measured in relation to the quantity of goods or service provided. example of such costs include the cost involved with the purchase of raw materials and the cost involved with the payment of labor used in production. variable cost is generally regarded as the cost incurred during production of goods and services by a company.

to calculate/find variable cost you will divide the total variable costs incurred by the volume of the goods produced, variable costs and fixed cost make up total expenses made by a company,

while fixed cost is time related variable cost is goods/services related

Answer:

D. Job leads

Explanation:

Employment agencies, career fairs, and Internet ads can all be sources of job leads. Hence, Option D is correct.

There are various kinds of agencies in the whole world that target providing the required stuff to the person or the ultimate user when it comes to the types of agencies

There are various types of agencies that are present in the whole world according to the type of material that they have available at different agencies.

If it is about employment agencies, these are the agencies that provide employees to the ultimate employers, and with the help of employment agencies, those who belong to the unemployment category will get employment according to their qualifications.

Therefore, Option D is correct.

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Folds are an example of **ductile deformation**.

Ductile deformation refers to the type of deformation that occurs in response to applied stress when a material undergoes plastic or permanent changes without fracturing. It is characterized by the ability of the material to undergo plastic flow, allowing it to bend, stretch, or deform without breaking. Folds, such as those found in rock layers or geological formations, are a result of ductile deformation. Over time, under sustained pressure or tectonic forces, the rock layers undergo plastic deformation and bend or fold, creating the characteristic folded structures seen in geology.

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Answer:

Risk tolerance is the degree of variability in investment returns that an investor is willing to withstand in their financial planning. Risk tolerance is an important component in investing.

Background of Study Transportation is a vital component of modern-day living, and the availability and reliability of transport services are essential for the effective functioning of any society.

According to Ghana Statistical Service, Ghana's transport sub-sector was worth 3.9% of the country's GDP in 2017. However, many people are still not aware of the fare pricing for various routes, which has resulted in drivers and transport owners charging different fares for the same route.

ation in Ghana," aims to provide a solution to the current transportation fare system in Ghana. The project aims to develop a web application that will provide real-time transportation fare information for different routes in Ghana. The application will be designed to be user-friendly and accessible to anyone with a smartphone or computer with an internet connection. The goal of the application is to provide an accurate and up-to-date transportation fare system that will ensure that people are not overcharged.

he project's objectives are as follows:1. Develop a web application that will provide accurate and up-to-date transportation fare information for different routes in Ghana.2. Ensure that the application is user-friendly and accessible to anyone with a smartphone or computer with an internet connection.3. Ensure that the application is reliable and updated regularly to provide the latest information.4. Improve the transport sector in Ghana and reduce the amount of time people waste waiting for the right transport at the right price.

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The potential benefits of cross-border listings of stocks are represented by options (i), (iii), (v), and (vii). Thus, the correct option is c. (i), (iii), (v), and (vii).

The potential benefits of cross-border listings of stocks include:

(i) Expanding the company's potential investor base: Cross-border listings can provide companies with access to a larger pool of investors, allowing them to raise more capital.

(iii) Creating a secondary market for the company's shares: Listing shares on a foreign exchange can increase the liquidity and marketability of the shares, making it easier for investors to buy and sell them.

(v) Liquidity: Cross-border listings can improve liquidity by attracting a broader range of investors and increasing trading volumes.

(vii) Enhancing the visibility of the company's name and its products in foreign marketplaces: Cross-border listings can raise a company's profile and brand awareness in new markets, potentially increasing sales and partnerships.

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JPMorgan Chase & Co. is a successful global financial institution due to strategic decisions such as diversification, global presence, technology and innovation, risk management, and talent management.

However, other factors also impact the success of similar businesses. Market conditions, competition, customer trust, and regulatory compliance play crucial roles.

Implementing similar strategies can contribute to success, but adaptation to industry dynamics is vital. The company's success stems from its ability to diversify operations, expand globally, invest in technology, manage risks, and attract top talent.

However, factors like economic conditions, competition, trust, and regulatory compliance also affect success. Implementing these strategies can benefit other financial institutions, but careful consideration of market dynamics is necessary.

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a) The game can be shown in the form of an extensive game as follows: b) To find the subgame perfect Nash equilibrium (SPNE) of the game, first we need to identify the subgames and solve them from the bottom up. In the game tree above, the tree can be divided into two subgames, which are circled and labeled as SG1 and SG2 below: In SG2, Dog Fish head has a choice between ENTER and NOT ENTER. If Dog Fishhead chooses NOT ENTER, AB Inbev will earn $100.

Therefore, Dog Fish head will always choose ENTER in this subgame. In SG1, given that Dog Fishhead chooses ENTER, ABInbev has a choice between FIGHT and ACCOMMODATE. If ABInbev chooses FIGHT, it will earn $30 and Dog Fishhead will earn $-10. If ABInbev chooses ACCOMMODATE, it will earn $60 and Dog Fishhead will earn $25. The normal form representation of the game is as follows: There are two Nash equilibria of the game: (ENTER, ACCOMMODATE) and (ENTER, FIGHT).

However, the only SPNE of the game is (ENTER, FIGHT). c) Whether ABInbev is threatening to FIGHT a credible threat can be determined by comparing the payoffs of ABInbev from fighting and accommodating. If ABInbev can earn a higher payoff from fighting, then fighting is a credible threat. AB Inbev can earn $30 by fighting and $60 by accommodating. Therefore, fighting is not a credible threat for ABInbev.

d) The minimum payoff for FIGHT to be a credible threat is $60. If ABInbev can earn $60 or more by fighting, then fighting will be a credible threat. In this game, ABInbev can earn only $30 by fighting, so fighting is not a credible threat.

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Total fixed costs stay constant over a wide range of volume

Total fixed costs stay constant over a wide range of volume. Fixed costs are expenses that do not change regardless of the level of production or sales volume. These costs remain the same whether a company produces one unit or a thousand units. Examples of fixed costs include rent, salaries of permanent employees, insurance premiums, and depreciation of fixed assets. Fixed costs are incurred to maintain the basic operations of a business, irrespective of the level of activity.

Unlike variable costs, which fluctuate in direct proportion to changes in production or sales volume, fixed costs remain unchanged. This means that as the volume increases or decreases, the total fixed costs do not vary. For instance, if a company's fixed costs are $10,000 per month, this amount will stay constant regardless of whether the company produces 100 units or 1,000 units.

Fixed costs are an important consideration for businesses because they need to cover these expenses even when sales are low or fluctuating. By understanding their fixed costs, companies can determine their breakeven point—the level of sales or production at which they cover all their expenses and start generating profits.

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The 4th Industrial Revolution is a collection of technological advances that are designed to revolutionize the way businesses operate. Automation, data analysis, and machine learning are just a few examples of these technological advances.

The Malaysian automobile manufacturing industry is one that would benefit from 4IR technology. Here are three 4th Industrial Revolution technologies that a Malaysian automobile manufacturing company should adopt to improve its operations and remain competitive in today's market:

1. IoT: One of the most critical elements of the manufacturing industry is the machines used to manufacture products. To increase efficiency, the Malaysian automobile manufacturing company must use IoT devices on the machines. These IoT devices can collect and transmit data, resulting in more efficient manufacturing processes. IoT also makes it easier to identify and repair malfunctions in equipment, reducing downtime and increasing productivity.

2. Big Data Analytics: Big data analytics is a technology that can help businesses make informed decisions. By analyzing data collected during production, the Malaysian automobile manufacturing company can improve the manufacturing process. Big data analytics can provide insights into the production process, allowing the company to identify inefficiencies and develop new strategies to improve productivity.

3. Robotics and Automation: In the Malaysian automobile manufacturing industry, robotics and automation are essential. Robotics and automation can take over many of the manual labor tasks that are required to produce vehicles. The use of robotics and automation not only saves time but also increases productivity and efficiency. By reducing the amount of manual labor required, the Malaysian automobile manufacturing company can also reduce the risk of injuries and accidents

In conclusion, the implementation of 4th Industrial Revolution technologies is necessary for the automobile manufacturing industry to remain competitive. IoT, big data analytics, and robotics and automation are three technologies that the Malaysian automobile manufacturing company should adopt to improve its operations. The use of these technologies will result in increased efficiency, reduced downtime, and increased productivity. In addition, the use of these technologies will result in improved decision-making and better management of resources. These technologies will also help to reduce the risk of accidents and injuries in the manufacturing process. More than 100 words.

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Answer:

Climate change, crime and speculation mean the price of the fragrant spice has skyrocketed from $20 a kilo five years ago to $515 now.

It is more profitable for Marge's employees to focus on manufacturing custom tables, as they provide a higher contribution margin per hour of employee time.

Specifically, the employees can earn $1,000 of contribution margin per hour when making tables, compared to $900 per hour when making desks.

To determine which product Marge's employees should focus on manufacturing, we need to calculate the contribution margin per unit of time required for each product.

For the custom tables:

Contribution margin per unit = $3,000

Time required per unit = 3 hours

Contribution margin per hour = $3,000 / 3 hours = $1,000 per hour

For the custom desks:

Contribution margin per unit = $1,800

Time required per unit = 2 hours

Contribution margin per hour = $1,800 / 2 hours = $900 per hour

Therefore, Marge should allocate her employees' time towards manufacturing custom tables to maximize her company's profit.

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the capital investment each year in the united states usually increases.

Capital investment in the United States refers to the money spent on acquiring or upgrading physical assets such as buildings, machinery, and equipment. These investments are important for the growth and development of businesses and industries, as they allow for increased productivity and efficiency.

Historically, capital investment in the United States has tended to increase over time. This trend can be attributed to a number of factors, including a growing economy, advancements in technology, and increased competition among businesses.

Additionally, government policies such as tax incentives for businesses can also play a role in encouraging capital investment. Overall, the trend of increasing capital investment in the United States is a positive sign of economic growth and development.

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Answer: Because if it goes down plumiting it will come back up higher later on

Explanation: For say dogecoin drops to 1 cent a coin, id buy then because it would continue to go up higher and higher

To find the ratio of the cost prices of the two items, let's assume the cost price of the first item (with a 20% profit) is x, and the cost price of the second item (with a 10% loss) is y.

Since the first item is sold at a 20% profit, its selling price would be x + (20% of x) = x + 0.2x = 1.2x. Similarly, the selling price of the second item (with a 10% loss) would be y - (10% of y) = y - 0.1y = 0.9y.
Now, let's consider the overall profit. The overall selling price would be 1.2x + 0.9y. We are given that the overall profit is 6%, which means the overall selling price is 106% of the overall cost price. Therefore:
1.2x + 0.9y = 1.06(x + y)
1.2x + 0.9y = 1.06x + 1.06y
Simplifying the equation, we get:
0.14x = 0.16y
x/y = 0.16/0.14
x/y = 8/7
So, the ratio of the cost prices of the two items is 8:7.

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Answer:

How many goldfish did Calvin buy?

Calculate the number of fish in 1 bowl and in the bag together.

Divide that number by the number of bowls.

Calculate how many goldfish are in 2 fish bowls.

Add that number to the number of fish in the bag.

Calculate how many more goldfish are in a bowl than the bag.

Multiply that number by the number of bowls.

Calculate how many fish bowls there are.

Add that number to the number of fish in the bag.

In this case, the MPC is 0.8. Hence, the person will probably spend 80 cents of every dollar of new discretionary income and save the remaining 20 cents.

In this scenario, we are given two sets of data: the change in consumption from $30,000/yr to $40,000/yr, and the change in disposable income from $84,000 to $96,500/yr. We can use this information to calculate the MPC as follows:

MPC = Change in Consumption / Change in Disposable Income

MPC = ($40,000/yr - $30,000/yr) / ($96,500/yr - $84,000/yr)

MPC = ($40,000/yr - $30,000/yr) / ($96,500/yr - $84,000/yr)MPC = $10,000/yr / $12,500/yr

MPC = ($40,000/yr - $30,000/yr) / ($96,500/yr - $84,000/yr)MPC = $10,000/yr / $12,500/yrMPC = 0.8

Therefore, the MPC in this scenario is 0.8, meaning that for every additional dollar of disposable income, the individual will spend 80 cents on consumption.

It is important to note that the MPC is not a fixed number and can vary based on a variety of factors, such as income level, savings habits, and economic conditions. A higher MPC can lead to increased consumer spending and overall economic growth, while a lower MPC can indicate a tendency towards saving and can limit economic expansion. Understanding the MPC is crucial for policymakers and economists in analyzing the effects of fiscal policy and predicting economic outcomes.

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A penetration pricing strategy tends to be most effective when:

With a penetration pricing strategy, a business initially sets a relatively low price for its good or service in an effort to increase market share and draw clients. This tactic tries to fast enter the market and lure clients away from rival businesses. In order to entice people to buy, the technique involves decreasing the price of new products. The price reduction is only momentary.

This tactic is employed by marketers to position a product as a cost-effective alternative. A business using a penetration pricing strategy invites competitors to enter the market and compete on price or other considerations by setting a low beginning price. Increased competition could arise from this, which would be beneficial for customers but could also lower firm's profit margins.

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Complete Question:

A penetration pricing strategy tends to be most effective when:

a. when there are goods in high demand.

b.tempts competitors to enter the market.

c.provides a large profit per unit sold

Answer: highly but not perfectly elastic.

Explanation: It is elastic because the monopolistically Competitive seller has many competitors producing closely substitutable goods, the latter being a determinant of the elasticity of demand.

1. 1031 Exchange: A 1031 exchange, also known as a like-kind exchange, allows for the deferral of capital gains taxes on the sale of investment or business properties. However, it does not apply to personal residences. The 1031 exchange rules specifically exclude personal residences, so it cannot be used to defer the gain on the sale of your friend's home.

2. Gain Deferral: If your friend sells his current home for three times the original price, the gain on the sale will be the difference between the selling price and the original price. It's important to note that personal residences have certain tax exclusions available. For example, in the United States, there is a primary residence capital gains exclusion of up to $250,000 for single taxpayers and $500,000 for married taxpayers filing jointly. If the gain on the sale of your friend's home is within these limits, he may not have to pay any taxes on it.

3. Down Payment Funds: If your friend anticipates not having enough money from the sale of his home to make the down payment on a new home, there are a few options he can consider:

  a. Financing: He can explore mortgage options that require a lower down payment, such as FHA loans or other low down payment programs. This can help him secure a new home with a smaller upfront cash requirement.

  b. Home Equity: If your friend has built up substantial equity in his current home, he may be able to access it through a home equity loan or line of credit. This would allow him to use the equity as a down payment for the new home while keeping the tax advantages of his current home.

  c. Savings and Budgeting: Your friend can also review his overall financial situation, assess his savings, and explore ways to budget and save more aggressively to accumulate the necessary down payment funds.

4. Types of Loans and Interest Calculation: There are various types of loans available for home purchases, including conventional loans, FHA loans, VA loans, and more. The interest on these loans is calculated based on the loan amount, interest rate, and loan term. The specific details of interest calculation can vary depending on the loan type and the lender's policies. It's advisable for your friend to consult with mortgage lenders or a financial advisor to explore the different loan options, understand the interest rates, and determine the most suitable choice for his financial situation.

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The break-even point for an investor who buys two ABC Feb 40 calls at $5 is $45. (Option A)

The break-even point refers to the point at which total cost and total revenue generated by a company are equal or even. It means that there is no net loss/gain. In the given case, the break-even point is calculated by adding the strike price of the call option ($40) to the cost of the option ($5). The breakeven point is the point at which the investor will begin to make a profit on their investment.
In order to calculate the breakeven point:
1. Determine the strike price of the call option. In this case, the strike price is $40.
2. Determine the cost of the option. In this case, the cost of the option is $5.
3. Add the strike price and the cost of the option together to find the breakeven point. $40 + $5 = $45.
4. The breakeven point is $45.
Therefore, the break-even point is $45.

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BP can examine the competitive landscape in a number of ways, one of which is through its general environment.

The fundamental parts and components of the environment: BP must take demographic, economic, political, sociocultural, technological, geographical, and physical environment factors into account when making business decisions.

For instance, if BP wanted to know how many people lived in a region where they were considering investing or building a plant, they could conduct demographic research in that region. This would be helpful in determining whether or not the kind of project they wanted to build had sufficient support.

There are a lot of different things in the general environment that affect how BP will operate. Demographic, economic, political, sociocultural, and technological aspects of the environment are all examples of these.

Demographic:

The kinds of employees and customers that BP can reach at any given time are determined by demographics. For instance, if a region has a higher proportion of retirees than students, BP will have a much harder time attracting students as new employees because they are less likely to relocate there.

This can be changed by providing retirees who move to the area with incentives or by creating an educational program for retirees to keep them up to date on what is going on at their local school board.

Economic:

BP's ability to implement an idea is influenced by the economic climate. People may decide against purchasing gas because it is too expensive if prices rise above what they can currently afford.

Additionally, BP is heavily involved in society and politics. It claims that climate change legislation would harm its business model, so it has been actively lobbying against it.

New drilling methods, for example, are essential to BP's operations because they enable greater productivity at lower unit costs. When compared to its rivals operating in other nations where these advancements would not be possible due to government restrictions or a small market size (i.e., low demand), new drilling techniques necessitate more advanced equipment and materials.

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Explanation:

It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.

Answer:

It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.

Such significant adjustments should be made when: All or most of its competitors are using mostly copycat competitive approaches that make it difficult for any of these companies to capture sales volumes and revenues big enough to earn profits large enough to meet investor expected EPS, ROE, and stock price appreciation targets.

It is noteworthy to know that, a company's management should always give serious consideration to creating significant adjustments in its camera strategies and competitive approaches when all or most of its competitors are inclined towards the copycat competitive approaches. Hence, making it difficult for any of such companies to capture sales volumes and revenues large enough to earn profits large enough to satisfy investor expected return on investment.

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Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.

Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.

While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.

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In the case of the Canadian crude oil market, the distribution of the tax burden between buyers and sellers is determined by the relative price elasticities of demand and supply.

With given values, a larger portion of the tax will be borne by the buyers.

To determine the tax burden, we need to understand how much of the tax the sellers can pass on to the buyers, which depends on the elasticity of demand and supply. Given the absolute price elasticity of demand (1.2) and supply (0.6), the buyers bear 2/3 (or 0.6/(0.6+1.2)) of the tax burden and the sellers bear 1/3 (or 1.2/(0.6+1.2)). Hence, of the $9 tax per barrel, the buyers would bear $6 (2/3 of $9) of the tax.

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