Business value includes all those items, events and interactions that determine the financial health and well-being of the firm.
a. true
b. false

Answers

Answer 1

The business value comprises of all those items, events, and interactions that determine the financial health and well-being of the firm is a TRUE Statement.

Business value is an estimate of the health and prosperity of a company based on the measurement of both tangible and intangible factors, such as financial assets, utility, and the worth of its people, customers, suppliers, and society.

Business values might include the ideals you uphold personally, such as honesty, fairness, creativity, persistence, determination, and respect.

Business value is calculated using a simple formula: assets minus liabilities. Your company's assets are any items with the worth that may be exchanged for money, such as merchandise, real estate, or equipment. Liabilities are financial obligations incurred by a firm, such as a commercial mortgage or bank loan for the acquisition of capital goods.

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Related Questions

influences of Business environment,​

Answers

Factors that Influence the business environment are :

Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment

The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.

Importance of business environment:

Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.

The economic environment is all the things that create an economic impact on the firm.

The social environment is all the traditions and customs of the society that creates an impact on the firm.

The technological environment is all the impact on the firm caused due to new technology and upgradations.

The political environment is the conditions and behavior that the elected representatives hold toward the business

The legal environment is entirely based on the rules and legislation of the authorities.

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According to the law of supply what's the result of an increase in the supply of workers for a job if all other factors remain equal?

Answers

Answer:

According to the law of supply, an increase in the supply of workers for a job if all other factors remain equal means the company wants to be efficient and it is also proof that the company is making more profit which signals the demand for the commodities they produced as increased drastically.

Explanation:

The law of supply work in the dimension of price, the number of goods available in the market, and it is hugely affected by demand. Now, when the price of goods decreases, it makes production by producers decrease as well and staffs are also laid off to avoid profit loss by the producers. This changes when the price of commodity increases as it makes producers of the commodity have the capacity to employ more staff to maximize time and this also causes the producers to increase sales. However, the higher demand for a commodity would also increase the supply of that commodity.

Answer:

The wage rate for that job will be pushed down.

Explanation: I just took the test and got it right

Plz help me What makes a suspension bridge unique? (What does it have?)

Answers

Answer:

Modern suspension bridges are light and aesthetically pleasing and can span longer distances than any other bridge form. They are also among the most expensive bridges to construct. Though suspension bridges can be made strong enough to support freight trains, they have nearly all been designed for automobile traffic.

The main forces in a suspension bridge are tension in the cables and compression in the towers. ... The use of suspension bridges makes longer main spans achievable than with any other types of bridges, and they are practical for spans up to around 2 km or even larger.Suspension bridges get their name from the fact that the roadway is suspended by cables from two tall towers. Most of the weight is supported by the two towers. They, in turn, pass the compression forces from the cables directly into the ground. Suspension bridges also have smaller cables called suspenders.

The towers of most suspension bridges are made of steel, although a few have been built of steel-reinforced concrete.

Pros of a Suspension Bridge

It can span over long distances. Suspension bridges can span anywhere between 2,000 to 13,000 feet, which is farther than any type of bridge can accommodate. ...

It is inexpensive to build. ...

It is easy to maintain. ...

It is incredibly versatile. ...

It is aesthetically pleasing.

I have attached a model for visuals

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Plz help me What makes a suspension bridge unique? (What does it have?)

all of the following are true about time series methods except . a. they assume that the pattern of the past will continue into the future b. their forecasts are based solely on past values of the variable or past forecast errors c. they identify a set of related independent, or explanatory, variables d. they discover a pattern in historical data and project it into the future

Answers

All of the following statements about time series methods are true except for option c. Time series methods assume that the pattern of the past will continue into the future and use past values of the variable or past forecast errors to make forecasts.

They also discover patterns in historical data and project them into the future. However, they do not identify set of related independent or explanatory variables like other forecasting methods such as regression analysis. Time series methods are commonly used in forecasting sales, stock prices, weather, and other time-based data. In contrast, statement c refers to a characteristic of regression analysis, which aims to understand the relationships between a dependent variable and one or more independent (explanatory) variables.

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each of the statements shown is characteristic of a phase in the development of a competitive market industry. please classify each statement as a cause of firms exiting the market, the number of firms in the market remaining stable, or firms entering the market.

Answers

Firms would exit the market in the following circumstances:

Price is less than average cost Firms post an economic loss.

The market would remain stable in the following circumstances:

No firms earn economic profit

Firms would enter the market in the following circumstances:

Price is greater than average cost.Firms earn both economic profit and accounting profit.

A competitive market industry is characterised by many buyers and sellers of identical goods and services. Market price is set by the forces of demand and supply.

In the long run, firms would earn only accounting profit. If a firm earns economics profit in the short run, firms would enter the industry in the long run. This would reduce economic profit to zero.

In the short run if firms earn economic loss, in the long run, firms would leave the market. As a result, economic profit would rise to zero.

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each of the statements shown is characteristic of a phase in the development of a competitive market

Which action is best if you suspect you're the victim of identity theft?
Change your email address
Get a PO box
Check your credit report
Change your phone number

Answers

Answer: contact your bank, change your email and check your credit reports

Explanation:

Type the correct answer in the box. Spell all words correctly.

What is a continuous discussion to bring out innovative ideas from employees?

A _____ session is a continuous discussion to bring out innovative ideas from employees. (Using Plato for this)

Answers

The name which is given to the session that is a continuous discussion to bring out innovative ideas from employees is called:

Brainstorming

According to the given question, we are asked to state the  name which is given to the session that is a continuous discussion to bring out innovative ideas from employees.

As a result of this, we can see that when a group of workers sit down together to bring out a new idea that would be innovative  to their company, then we can say that they are brainstorming because they bring ideas that would improve overall business and profit

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When a strong unity of command is present, employes are assigned to more than one manager.
True
False

Answers

Answer:

The correct option is;

False

Explanation:

Unity of command is the organizational arrangement, whereby all employee assigned to a particular department answer to their line manager, and vice, versa, the line manager directs the activities of all employees within his department to perform the tasks of the organizational engagement or projects for which the department is in responsible.

DECISION MAKING Suppose the Tracers decide they want to adjust their budget
so they can save for a special summer vacation that will cost $5,000. How would
you suggest they go about revising their budget to meet their goal?

Answers

Explanation:

The tracers will have to adjust their budget before planing for a summer vacation for that they will have to be saving $1000 each every month .To revive their budget to meet their goal they will have to be planing their budget every day like $50

There are a number of different ethical issues you could discuss with your employees. What topics would serve as a good basis for the beginning of the course?

Answers

Hi
I think you should claim there to be racism and blame someone for being racist to you and that WILL show them that you are responsible and want best for them .
Hope this helped
Jeff

Which action was implemented in the Uruguay Round, finalized in December 1993?
a.
reduction in the protection for patents, trademarks, and copyrights

Answers

The action implemented in the Uruguay Round, finalized in December 1993, was a reduction in trade barriers and the creation of the World Trade Organization (WTO).


The Uruguay Round was a series of negotiations under the General Agreement on Tariffs and Trade (GATT) that resulted in significant advancements in global trade liberalization. The agreement aimed to reduce trade barriers, including tariffs and non-tariff measures, and establish new rules and disciplines for international trade.

While the Uruguay Round addressed various aspects of trade, including agriculture, services, and intellectual property, it did not specifically focus on the reduction of protection for patents, trademarks, and copyrights. Intellectual property rights were addressed separately in the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), which was also part of the Uruguay Round and provided enhanced protection and enforcement of intellectual property rights globally.


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explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and Triple bottom line​

Answers

Answer:

how the looting of shops and malls will affect businesses of the terms of the relationship between social responsibility and triple bottom line.

, environmental trends and Ethical trends affect a pharmacy business? I need one whole paragraph for them

Answers

The negative impact of the production of pharmaceutical products on the natural environment is well known. However, this remains largely unregulated, meaning the extremely toxic impact it has on both animals and humans continues with no clear end in sight.

International organisations and the pharmaceutical industry have begun to notice that the detrimental impact pharma products have on the environment on a global scale.Pharmaceutical products enter the environment at various stages of their life-cycle, but particularly during the production phase. One of the main threats is that discharging antibiotics into the environment can promote the natural development of antibiotic-resistant pathogens that are harder to treat. Lord Jim O’Neill noted this trend in his 2016 UK government-funded independent Review on Antimicrobial Resistance.Although it is a global issue, like other environmental issues, pharma pollution more directly and seriously affects those living near production plants whose water and food sources are contaminated with waste pharma products.Health Care Without Harm (HCWH) Europe runs the Safer Pharma campaign to raise awareness of the negative relationship between pharma and the environment and challenge the healthcare industry to clean up its production.The production of both active pharmaceutical ingredients (APIs) and finished dose antibiotics is concentrated in specific locations so the resulting point, source pollution, is in incredibly high concentrations and encourages the development of drug resistance,” says HCWH Europe pharmaceuticals policy officer Dr Adela Maghear. “This practice has a detrimental impact on vulnerable populations living near manufacturing facilities and wastewater treatment plants in these countries.The pollution of pharma products into the environment also adversely affects animals, particularly fish living in contaminated water. For example, a report published in science journal Nature in 2009 noted that ‘many of Europe’s rivers are home to male fish that are ‘intersex’ and so display female sexual characteristics, including female reproductive anatomy. Some males also produce vitellogenin, a protein normally.

Which of the following describes a conflict which happens between a supervisor and a subordinate?
O Intrapersonal conflict
Group conflict
O Intergroup conflict
O Interpersonal conflict

Answers

A conflict between a supervisor and a subordinate can be described as  Interpersonal conflict.

What is interpersonal conflict?

Interpersonal conflict refers to conflict whereby there are at least two people involved. This means that interpersonal conflict refer to issues that a person has with another person, or group of people.

When there is a conflict between a supervisor and a subordinate, these are two different people which means that it is therefore an interpersonal conflict. Intrapersonal conflict on the other hand, refers to when a person has a conflict within themselves about how they should take certain decisions.

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the ultimate outcome of relationship marketing is a unique company asset called the:____

Answers

The ultimate outcome of relationship marketing is a unique company asset called the "customer equity."

Customer equity refers to the total combined value of a company's customer base. This unique asset is achieved by maintaining strong relationships with customers through relationship marketing.

Relationship marketing involves fostering long-term engagement with customers, understanding their needs, and providing personalized solutions. This approach builds trust and loyalty among the customer base.

To achieve customer equity, a company must focus on three key components: value equity, brand equity, and relationship equity.

Value equity represents the customer's objective assessment of the product or service; brand equity signifies the customer's perception and recognition of the company's brand; and relationship equity encompasses the emotional connection between the customer and the company.

By nurturing these aspects, a company can build a valuable and loyal customer base, resulting in a high level of customer equity.

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5 merit goods and their functions they serve for you

Answers

Answer:

A merit good is a good which when consumed provides external benefits, although these may not be fully recognised – hence the good is under-consumed. Examples include education and healthcare. As can be seen, when a merit good is consumed it generates positive externalities.

The market for merit goods is an example of an incomplete market. Merit goods have two basic characteristics: Firstly, unlike a private good, the net private benefit to the consumer is not fully recognised at the time of consumption.

Merit goods are included education, welfare services, health care, housing, refuse collection fire protection, and public parks.

What is Merit good?

In distinction to pristine public goods, merit goods could be, and are, delivered through the market, but not necessarily insufficient excesses to maximize social interest.

A merit good is good that when consumed supplies external benefits, although these may not be fully recognized.

Therefore, the good is under-consumed. Illustrations contain education and healthcare. As can be glimpsed, when merit good is consumed it provokes positive externalities.

The market for merit goods is an illustration of an insufficient market. Merit goods have two basic characteristics: Firstly, unlike a private good, the net private concession to the consumer is not completely recognized at the time of consumption.

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Which of the following are true about intuition-based decision-making? It is never the right approach when the data is available to analyze It is never the right approach when a more precise decision could be made through data analysis It is more efficient (requires fewer resources) than data-driven deliberation It is faster than data-driven deliberation Which of the following are true regarding data-driven deliberation? It is usually more efficient (uses fewer resources) than intuition. It is more defensible (can support with evidence) decision making approach than intuition. It is always better to use data-driven deliberation when making important business decisions. It is usually more precise than intuition-based decision making. Which of the following scenarios would be better served by intuition-based decision making (when compared to data-driven deliberation)? You're in the elevator with an executive who asks how sales are going this month. You're in a budget allocation meeting (scheduled a week in advance) with an executive who asks how sales are going this month. Your CMO (chief marketing officer) wants to know by Friday which ad campaigns have been most successful for each product line. You're trying to close a deal while the client is on the phone, and they want to know roughly how much time it will take to deliver the new service.

Answers

True: Data analysis is more precise than intuition. True: Decisions based on intuition typically move more quickly than decisions based on data. True: Deliberation based on data is frequently more effective. True: Decisions based on data can be supported by evidence. True: Choices based on information tend to be more exact. Instinct is suiting in a circumstance where the client is on the phone.

Which of the following is true about intuition-based decision-making?

Regarding making decisions based on intuition:

It is never the proper approach when the information is accessible to analyze. (True)It is never the correct approach when a more exact choice can be made through information examination TrueIt moves more quickly than data-driven debate. True)

With regard to data-driven deliberation:

It typically uses fewer resources and is more effective than intuition. True. It is a decision-making strategy that can be supported by evidence and is more defended than intuition. TrueUsually, it is more precise than making decisions based on intuition. True)

A scenario in which intuition-based decision-making is preferable:

While the client is on the phone, you are trying to close a deal and they want to know roughly how long it will take to deliver the new service.

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The chart shows the marginal revenue of producing apple pies.



__ Pies_____ Total __ Marginal
produced__revenue__ revenue
_per day
0__ ── _ ──
1 _ $10 __ $10
2 _ $20 _ $10
3 _ $30 _ $10
4 _ $40 _ $10
5 _ $50 _ $10
6 _ $60 _ $10
7 _ $70 _ $10


According to the chart, the marginal revenue


❌ A) decreases by ten dollars as production increases.


❌ B) increases by ten dollars as production increases.


❌ C) falls to zero dollars as production increases.


✔️ D) remains the same as production increases.

Quiz./I Help People Like you Who Need Help. I did the if you don't like it that makes me sad : (

Answers

The graph on marginal revenue shows that marginal revenue D) remains the same as production increases.

What is marginal revenue ?

The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns.

According to economic theory, firms that are completely competitive keep on producing goods until marginal revenue and marginal cost are equal.

As shown in the graph, the marginal revenue was $ 10 from the first unit produced up until the 7 th unit produced. This means that the marginal revenue remained the same as production increased.

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What is the basic principle of the law of demand?

a
Everyone has a limited income that they will spend
b
Services are of interest in the same way that goods are
c
When a goods price is lower, people will buy more of it
d
The higher the price, the more people will want the good

Answers

The fundamental tenet of the law of demand is that when a good or service's price rises, demand for that good or service will fall, and vice versa, when a good or service's price falls, demand for that good or service will rise.

What is the law of demand's fundamental tenet?

According to the rule of demand, when a product's price increases, fewer people will buy it, and vice versa. It's a simple idea that typically holds true in most circumstances (though there are exceptions).

What is the foundation of the Mcq law of demand?

The amount demanded is always inversely related to the price of the commodities, according to the law of demand, which is a fundamental tenet of economics. In other words, when the price rises, less will be demanded and vice versa.

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methods for ppe disposal are standard across facilities, if you are familiar with the procedures at one facility you can assume they are the same at a different facility. True or False?

Answers

False. While many facilities follow similar guidelines for PPE disposal, it is not safe to assume that the procedures are the same at different facilities. Always familiarize yourself with the specific protocols at each facility to ensure proper disposal and reduce the risk of contamination or infection.

While there may be general guidelines for PPE disposal, the specific procedures can vary between facilities depending on factors such as the type of PPE being used and the materials it is made from. It is important to follow the guidelines and procedures provided by each facility to ensure proper disposal and minimize the risk of contamination or harm to individuals and the environment. Therefore, assuming that the procedures at one facility are the same as another can be risky and potentially dangerous.

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Which economic action would be most influenced by a change to the
discount rate?
O A. An individual is deciding whether to spend money or invest it.
O B. A business is deciding whether to hire additional employees.
C. A bank is deciding whether to borrow money from the
government
O D. An investor is deciding whether to purchase treasury securities.

Answers

Answer:

C. A bank is deciding whether to borrow money from the

government

Explanation:

The discount rate is the interest rate at which the Federal Reserve charges commercial banks and other financial institutions for loans it advances to them. Through the Federal Reserve, the government issues credit facilities to banks to cater to immediate cash flow requirements. For example, if a bank can not meet the reserve requirement for the day, it can borrow from banks with excess requirements. If it can't find another bank to borrow from, it approaches the Fed.

The interest rate that the Fed charge is the discount rate. It is usually higher than the inter-bank rates. If the discount rate is reduced, commercial banks may consider borrowing from the government through the Fed.

Answer:

c

Explanation:

Halima wants a Manufacturing career. She wants to be very successful and get paid well. Which career pays the
highest salary?
A.hand packages
B.mechanical engineer
C.quality control inspectors
D.environmental engineering technician

Answers

Answer:

D

Explanation:

Answer:

The answer is actually B) Mechanical engineer

Explanation:

I got 94% right on the edge unit test :)

Lymen International is considering a significant expansion to its product line. The sales force is excited about the opportunities that the new products will bring. The new products are a significant step up in quality above the company’s current offerings, but offer a complementary fit to its existing product line. Fred Riddick, senior production department manager, is very excited about the high-tech new equipment that will have to be acquired to produce the new products. Barbara Dyson, the company’s CFO, has provided the following projections based on results with and without the new products.

Without New Products

With New Products

Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
(a) Compute the company’s return on assets, profit margin, and asset turnover, both with and without the new product line. (Round answers to 0 decimal places, e.g. 2% and asset turnover to 1 decimal place, e.g. 6.2)
Without new products

With new products

Return on assets
International sidering offerings, xut offer compl step up with New Products Sales 2,145.20 Average tel Without new products with now products ej abou: red Riddick, bring. Th producti depart

%


%
Profit margin


%


%
Asset turnover


Answers

Answer:

I don't know sorryyyyyjdkd

The computation of the Lymen International Company's return on assets, profit margin, and assets turnover, both with and without the new product line, is as follows:

a) Return on assets = Net Income/Average total assets

                                 Without New Products       With New Products

Net income                          $488,900                        $885,800

Average total assets       $5,282,800                    $13,930,400

=                                              9%                                      6%

b) Profit margin = Net Income/ Sales revenue

                                 Without New Products       With New Products

Sales revenue                  $12,149,200                     $16,618,200

Net income                          $488,900                        $885,800

=                                               4%                                   5%

c) Asset Turnover = Net Sales / Average Total Assets

                                 Without New Products       With New Products

Sales revenue                  $12,149,200                     $16,618,200

Average total assets        $5,282,800                    $13,930,400

=                                          2.3 x                                     1.2 x

How useful are accounting ratios?

The accounting ratios above help investors understand the efficiency, profitability, and effectiveness that companies achieve when compared with previous years or with competitors.

For instance, the assets turnover ratio helps investors understand Lymen International Company's effectiveness in using its assets to generate sales.

Data and Calculations:

                                 Without New Products       With New Products

Sales revenue                  $12,149,200                     $16,618,200

Net income                          $488,900                        $885,800

Average total assets       $5,282,800                    $13,930,400

Total assets =                 $10,565,600                   $2,786,0800

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using present value table factors, assume that all the cash flows each year are received at the end of the year; however, it is more likely that the cash flows will be received fairly evenly throughout the year. this practice is

Answers

In reality, it is more common for cash flows to be received throughout the year, rather than at the end of the year. This practice can affect the present value of the cash flows.


To adjust for this, one could use a modified present value (MPV) approach. MPV takes into account the timing of cash flows throughout the year, rather than assuming they all occur at the end of the year. To calculate MPV, one would use a discount rate and factor in the timing of the cash flows using a weighted average.


Another way to adjust for the timing of cash flows is to use a discounted cash flow (DCF) approach. DCF takes into account the timing of cash flows by discounting them back to their present value at the time they are received. This approach can be more accurate than using present value table factors, as it takes into account the timing of cash flows throughout the year.


In summary, while present value table factors assume that cash flows are received at the end of each year, it is more common for cash flows to be received throughout the year. Adjusting for this timing can be done through modified present value or discounted cash flow approaches.

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List two one-time expenses that most business have

Answers

There are many one-time expenses that businesses may incur. Here are two examples:

1. Start-up costs: These are the expenses that a business incurs when it is first starting out. They can include costs associated with setting up the business, such as purchasing equipment, leasing a space, and hiring employees.
2. Capital expenditures: These are expenditures that are made to acquire or improve long-term assets, such as real estate, equipment, or software. These are typically one-time expenses, although they may be spread out over a period of time.
Other one-time expenses that businesses may incur include legal fees, insurance premiums, and taxes.

Pls award brainliest!

wth fill in the blanks
Bankruptcy

Cash

Check

Credit

Debit

Debt

Foreclosure

Expenditures

Credit Card

Debit Card

Impulse Buying

Long-Term Goals

Needs

Short-Term Goals

Wants

Budget

Discretionary Income

Fixed Expenses

Variable Expenses

Scarcity

(not all the words are being used)

1. The amount of financial trust extended to a person or a business by a lender; a loan.

2. Money owed.

3. A legal process that gives a debtor protection from creditors.

4. Goods or services that make people more comfortable or content but which are not necessary for survival.

5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.

6. Money that is spent on goods, services, and bills.

7. A purchase based on an immediate want or due to the pressure of advertising.

8. Plans that take a year or more to accomplish.

9. Plans that can be accomplished within three months to a year.

10. A record of income and spending and a plan for managing money.

11. Money available to spend on goods and services that are not essential.

12. The economic condition of limited resources that prevents people from having everything they want.

13. Expenses that do not change from month to month, such as auto insurance or rent.

Answers

Answer:

1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses

Explanation:

PLEASE HELP in 2 to 3 sentences, explain the role of prices in a market and include distrbution, producers, and consumers

Answers

Price is the biggest and most important direct determinant in a market for aspects like distribution, producers, and the consumers in the market at large.

What is the significance of price?

Price of a product, in an economy, can be referred to or considered as the rate at which a particular quantity of such product is demanded and supplied in the market in which such price prevails.

Higher price attracts producers and distributors, while lower price of a product in a market will attract a larger number of customers to buy such product.

Therefore, the significance regarding price has been aforementioned.

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describe the process of career planning​

Answers

Answer:

The career planning process involves taking the time to decide what your career goals are and how you'll get there. You might engage in this process on your own or with a guidance or career counselor. You can also start the career planning process at any point in your career.

Explanation:

Answer:

aalu jasto answer dinxa

In a competitive industry, suppose the marginal revenue product (MRP) of the last doughnut baker hired is $35, the MRP of the last bagel baker hired is $15, and a bakery must pay doughnut bakers $40 a day and bagel bakers $10 per day. To maximize profits the bakery should hire:

Answers

Answer:

The bakery should hire fewer doughnut bakers and more bagel makers to maximize profits.

Explanation:

From the question, we have:

MRP of the last doughnut baker hired = $35

MRP of the last bagel baker hired = $15

Cost of doughnut bakers per day = $40

Cost of bagel bakers per day = $10

Decision criteria are that:

1. When the MRP is greater than Cost per day, hire more.

2. When the MRP is less greater Cost per day, hire fewer.

Since from the above, we have:

1. MRP of the last doughnut baker hired < Cost of doughnut bakers per day => $35 < $40

2. MRP of the last bagel baker hired > Cost of bagel bakers per day => $15 > $10

Therefore, the bakery should hire fewer doughnut bakers and more bagel makers to maximize profits.

When the stock market as a whole is rising in value then it is referred to as a bear market. True or false?

Answers

Answer: False

Explanation: A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.

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