Differentiation strategy is not a trait of perfect competition, as the following answer and explanation demonstrate.
Why does demand matter?The link between supply and demand is crucial because it helps to establish the costs and availability of the majority of goods and services in a given market. The interplay between both supply and demand eventually balances out in accordance with the tenets of a market economy.
Which two sorts of demand are there?Independent and dependent demand are the two types. Demand for finished goods that is independent of the demand for these other products is known as independent demand. Any object that is sold to a customer directly is a finished product.
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What determines the demand for loanable funds?
The demand for loanable finances is decided by way of several elements:
Interest charges: interest charges are the value of borrowing cash and play a crucial role within the demand for loanable budget.Investment possibilities: the extent of funding opportunities to be had in the economy also can have an effect on the demand for loanable funds.Monetary increase: monetary growth can influence the demand for loanable finances as organizations can also require extra funding to enlarge their operations and take advantage of growth possibilities.Authorities regulations: authorities guidelines, consisting of tax regulations and policies, also can impact the demand for loanable price range with the aid of affecting funding opportunities and purchaser spending.Expectancies: expectancies about future economic situations also can have an impact on the call for for loanable funds. If corporations and people expect financial boom to keep, they'll searching for to borrow more money to finance investments, increasing the demand for loanable funds.Overall, the demand for loanable finances is influenced via a complex interaction of financial factors, which include interest rates, investment opportunities, monetary growth, authorities guidelines, and expectations
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What is nation’s plan for answering the key economic questions?
Explanation:
economic decision-making
process of choosing which wants among several options will be satisfied
producers
individuals and organizations that determine what products and services will be available for sale
economic system
a nation's plan for answering the three economic questions
economic resources
means through which goods and services are produced
needs
things that are required in order to live
scarcity
not having enough resources to satisfy every need
supply
quantity of a good or service that businesses are willing and able to provide
consumer
person who buys and uses goods and services
command economy
system in which resources are owned and controlled by the government
goods
things that you can see and touch
capitalism
private ownership of resources by individuals rather than by the government
traditional economy
system in which goods and services are produced the way they have always been done
mixed economy
system that combines elements of the command and market economies
demand
quantity of a good or service that consumers are willing and able to buy
market price
point where supply and demand are equal
wants
things that add comfort and pleasure to your life
services
activities that are consumed at the same time they are produced (things that others do for you)
trade-off
giving up on something to have something else
opportunity cost
value of the alternative you did not choose
market economy
system in which the resources are owned and controlled by the people of the country
economic choices
you can't have everything so you must choose
what are the 6 tips in the economic decision making?
1. define the problem
2. identify your choices
3. evaluate your choices
4. choose one
5. act on your decision
6. review your decision
(DieCar)
unlimited wants
wants that are never-ending and build off each other
what are the three economic resources or also known as factors of production?
a. natural resources
b. human resources
c. capital resources
natural resources
resources that come from the earth, water, or air (oil, ,gold, copper, etc.)
human resources
people who work to produce your goods and services (people in labor)
capital resources
tools, building, equipment that are used to produce them
what is the basic economic problem for businesses and families?
scarcity
competition
a contest among sells to get consumers to buy their product (you)
freedom of choice
buy what you want and where you want
In a market economy, who decides what goods and services will be produced?.
In a market economy, the person who decides what goods and services will be produced is: Producer or manufacturer.
Who is a producer?A producer is someone who produce or manufactures good and service in which they in turn supplies those goods they produce for sales.
In a market economy, the producer is the person who decide the types of products or goods and service that will be produced.
Producer also has the right to:
Decide on the amount of goods to produce.Decide on the amount to charge their customers etc.Inconclusion in a market economy, the person who decides what goods and services will be produced is: Producer or manufacturer.
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Li Wei is searching through his company's files of its customers to choose ones that would most likely be interested in the new product line his company has developed. Which stage of the personal-selling process is this
According to the personal-selling process, the prospecting stage is the first step in the sales process and consists of searching for prospective clients.
What are the prospecting stage?It is the first phase of the personal-selling process and its purpose is to identify potential clients.
In other words, sellers obtain candidates who need the company's product or service, for this, it is essential to carry out market research in order to identify people who have needs that the company can satisfy.
Therefore, we can conclude that according to the personal-selling process, the prospecting stage is the first step in the sales process and consists of searching for prospective clients.
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Which occupations are expected to earn between $55,000 and $74,999? Select three options.
Postsecondary Teachers
Carpenters
Dental Hygienists
Firefighters
Childcare Workers
Librarians
Answer:
postsecondary teachers , dental hygienist , librarians
Explanation:
ed class test
Suppose the skills needed to perform the work in the two industries are identical, and the supply of labor to the two industries is fixed at 6,000 workers per day. What will be the equilibrium wage, and how many workers will work in each industry?
Answer and Explanation:
The computation of the equilibrium wages and the number of workers in each industry is as follows:
Since the supply of labor is 6,000
As per the attached graph, the common rate is $8 per hour so if we take 2000 workers in industry A and 4000 workers in industry b
So, the equilibrium wage would be $8
Hence, the same would be considered and relevant too
What is entrepreneur?
Answer:
someone who is willing to take the necessary risk and uncertainties associated with setting up and managing a business or enterprise
Answer:
Someone who has they're own business. For example, my dad, he made a small company after he left the military called Triple L and he does different things like land work
Explanation:
What is the value of y in the equation below?
6(y - 1.5) = 30
Answer:
x=3
Explanation:
Answer:
y = 6.5
Explanation:
i did it on paper
What information system would be most useful in determining what direction
to go in the next two years?
O A. Transaction processing system
B. Decision support system
C. Executive information system
D. Management information system
Answer:
C- Executive information system
Explanation:
AP3X
Investor presentations of ________ provide an opportunity for discussions to take place regarding the continuing corporate performance on ________ value creation story and a ________ value creation plan.
a) short-term plans; short term; short term
b) short-term plans; long term; long term
c) long-term plans; short term; long term
d) long-term plans; long term; long term
Discussions on the ongoing corporate performance on a long-term value creation story and a long-term value creation strategy can be had during investor presentations of long-term plans.
We urge leaders to prioritize long-term value creation as a starting point when trade-offs need to be made because of the advantages it brings for resource allocation and economic health. Consider your staff members to be stakeholders.
Due to their managerial expertise in fields like planning, budgeting, purchasing, and human resource management, these companies bring value. enabling the business to concentrate its efforts on more desirable possibilities.
The main objective of a corporation is to maximize short-term gains for all of its stakeholders. When a business examines its stakeholders and its mission statement as well as competitors,
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When might a manager change a principle?
A manager might change a principle when it is no longer feasible or effective for the organization.
What do you mean by principle?
A principle is basically a fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning. It is a standard or rule that you use to make decisions about what is right and wrong, and to guide your behavior.
For the given statement, we can take an example of how if a company decides to focus on a new business model, the principles that guide its operations may need to be updated to reflect the new direction. Additionally, if a principle is out of date or no longer applicable, a manager may choose to change it in order to ensure the organization remains competitive.
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on what grounds is the Trump administration investigating imposing tariffs on imported automobiles?
Answer:
The clock has run out on President Donald Trump's "Section 232" tariffs on imports of foreign-made cars and auto parts, after he failed to announce a decision by a self-imposed deadline, trade law experts say.
The U.S. administration may have to find other means if Trump wants to tax European or Japanese car imports, a key part of the U.S. president's pledge to make America's trade relationships more fair, the experts say.
peter invested $450 in insurance and stocks. he put $50 more in insurance than stocks. how much did he invest in each?
Peter invested $250 in stocks and $200 in insurance.
To solve the problem, we can use a system of equations. Let x be the amount Peter invested in stocks.
Then, according to the problem, he invested $50 more in insurance, which would be x + $50. The total amount invested is $450, so we can write the equation:
x + (x + $50) = $450
Solving for x, we get x = $250, which is the amount Peter invested in stocks. Therefore, he invested $200 in insurance.
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What does Physchographic profile mean
Answer:
Psychographics is the study of consumers based on their activities, interests, and opinions (AIOs). ... In contrast, a psychographic profile contains information around a person's interests, hobbies, emotional triggers, and lifestyle choices, among other data.
Explanation:
Plz, mark me brainliest!
Answer:
Psychographics is the study of consumers based on their activities, interests, and opinions (AIOs). ... In contrast, a psychographic profile contains information around a person's interests, hobbies, emotional triggers, and lifestyle choices, among other data.
Question 2
If Langston chooses to attend the small college in his town, what should be considered part of the
opportunity cost of this decision? Select all that apply.
the bachelor's degree in logistics he would earn after four years
the $4,000 housing fee for each year he attends the large university
the extensive national network of successful alumni from the large university
the valuable independent living skills he would learn by living away from home
the time and expense of traveling to and from his hometown during holiday
breaks
C
A
B
C
D
E
T
If Langston chooses to attend the small college in his town, the opportunity cost would be:
the extensive national network of successful alumni from the large universitythe valuable independent living skills he would learn by living away from homeWhat is meant by opportunity cost?The phrase "opportunity cost" in economics refers to the advantages lost while selecting one alternative over another.
The word "opportunity cost" describes what you have to forgo in terms of other products or services in order to get what you desire. Typically, opportunity cost is what economists mean when they use the word "cost." In conversation or the news, the word "cost" is frequently employed.
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A _____ is an estimation about a future situation based on the evaluation of facts.
1. projection
2. fact
3. salary
4. growth
Answer:
Projection
Explanation:
Answer:
Yes the correct answer is (PROJECTION)
Explanation:
Which of the following would qualify as a sedentary job?
there isnt anything on there
Q2: Pueblo Vida Brewing (PVB) company uses a reverse osmosis (RO) membrane system to condition the city of Tucson water because the quality of the taste of their beer is important to their clients and
a. Reject water quantity would be 0.8735 times the total water usage. b. The TDS content of the reject water is 390.16 ppm .c. $1.14 money throw away in their reject stream. d. treated and put to use for a variety of things
Pueblo Vida Brewing (PVB) company uses a reverse osmosis (RO) membrane system to condition the city of Tucson water for their beer production. They mix the RO water with fresh Tucson water to achieve the desired total dissolved solids (TDS) content for brewing. Given the TDS levels of the feed water, RO water, and desired brewing water, the following calculations can be made to determine the total water usage, reject water sent to the sewer, and the TDS content of the reject water.
a) To determine the total water usage and reject water quantity, we need to calculate the amount of RO water and fresh Tucson water used. Since they need 14 bbls of water per day, the total water usage would be 14 bbls. The reject water produced by the RO system is 87.35% of the feed water, so the reject water quantity would be 0.8735 times the total water usage.
b) The TDS content of the reject water can be calculated by multiplying the TDS level of the feed water (419 ppm) by the concentration factor (87.35) and dividing it by the sum of the concentration factor and 1 (87.35 + 1). This calculation yields a TDS content of the reject water of approximately 390.16 ppm.
Therefore, Pueblo Vida Brewing uses a total weight of 1636.9 kg of water per day, with 47475.75 kg of reject water sent to the sewer.
c) The daily volume of water rejected is 379.01 litres, or 0.37901 cubic metres. Water price per m3 is $3.00. Daily cost of rejected water is $3.00 multiplied by 0.37901 m3/day, or $1.14.
d) Rejected water may be treated and put to use for a variety of things. In the industrial, it can be utilised for cooling reasons. As an alternative, the business can sell it to other sectors of the economy that need water for their operations. The business may also utilise this water to irrigate grass or plants outside the building.
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The Complete question is
2) Pueblo Vida Brewing (PVB) company uses a reverse osmosis (RO) membrane system to condition the city of Tucson water because the quality of the taste of their beer is important to their clients and total dissolved solids (TDS) in the inlet water can have an impact on the flavor. The feed water to PVB from the city of Tucson has TDS about 419 ppm by mass. The RO unit produces water that has a TDS level of 53 ppm by concentrating the rejected TDS in a stream that is 87.35 of the feed water. To brew beer, they can actually have a TDS content of 150 according to Charlie Border, one of their brewers. Since they cannot run the RO unit at a lower level, they mix fresh Tucson water back into the RO water after it is produced. If they are making a brewing batch that requires 14 bbls of water/day:
a) How much total water do they use and how much reject water would they send to the sewer in a day, in kg/day?
b) What is the TDS content of the reject water, in ppm?
c) How much money do they throw away in their reject stream per day, if they were to dump the water?
d) What could they do with this water?
What is the best way to protect the environment when we shop? Do you agree with Adler’s view that what we buy is more important than what we carry it in? What answer would you propose to this environmental problem?
Keeping the shop surroundings clean and ensuring protection requires great effort both from the seller.
Sellers need to do the following to ensure good sanitation:
Ensure a good drainage system to prevent pillage of debris.Having a waste collector and make it empty everyday.Numerous cleaning pattern in a day.Fumigation are very important to keep the environment germs free.However, i agree with Adler’s because the value of a product or the value its offered is more important that what its look physically.
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the margin of safety for the miter saw is?
A. two inches
B. three inches
C. four Inches
D. six inches
Answer:
D six inches
Explanation:
Your still cute
Answer: D. Six inches MINIMUM margin of safety at all times.
when developing a mission statement, what is needed before people can focus on specific strategy formulation activities?
When developing a mission statement, it is essential to establish a clear and concise purpose for the organization before focusing on specific strategy formulation activities. A well-defined mission statement acts as a guiding force, communicating the organization's primary objectives and values to stakeholders, employees, and customers.
To create an effective mission statement, it is crucial to involve key decision-makers and stakeholders in the process. Collectively, they should identify the organization's core purpose, target audience, and the unique value proposition it offers. Additionally, considering the organization's long-term goals and vision is vital in aligning the mission statement with the overarching objectives.
Once the mission statement is finalized, it serves as a foundation for strategy formulation activities. By providing a shared understanding of the organization's purpose and direction, the mission statement allows for focused, coherent, and effective strategic planning, ensuring that all efforts are in line with the desired outcomes and value creation. In summary, a well-crafted mission statement is a prerequisite for successful strategy formulation, enabling the organization to pursue its goals and vision systematically.
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If a capital investment is $29,704.4 and equal annual cash
inflows are 67,784.2, state the internal rate of return factor
rounded to four decimal places.
The internal rate of return factor rounded to four decimal places is approximately 0.4383
To find the internal rate of return (IRR) factor, we need to determine the rate at which the present worth of cash inflows equals the initial investment. In this case, the initial investment is $29,704.4, and the equal annual cash inflows are $67,784.2.
Using the Present Worth (P/A) factor formula:
P/A = Initial Investment / Equal Annual Cash Inflows
P/A = $29,704.4 / $67,784.2
P/A ≈ 0.4383
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you speak to a business owner that is taking in almost $2,000 in revenue each month. The owner still say that they’re having trouble keeping the doors open. How can that be possible? Use the terms revenue, expenses, and profit/ loss in your answer.
EXPLANATION
Explanation:
a business man with such amount in revenue every month most really be earning high his business must be lucrative. They are having trouble keeping the doors open this can only mean that the expenses made by the business man is higher p than the profit he is gaining, soo he is making a lot of loss for him not to be able to open any doors.
by the way to keep doors open mean to make things move forward now or later in the future/or make things in possible, in the case of this business man he can't move things forward so he is going to or is already suffering from diminishing returns in business. Thank you.
Socialism is an economic system that is built around the private ownership of the means of production. Select one: True False
False Socialism is an economic system that is built around the public or communal ownership of the means of production. It is a system that operates under a socialist state where the government or the community decides how resources and wealth are distributed.
In this system, individuals or corporations cannot own or control resources, natural resources, or capital without the permission of the socialist state. In this economic system, the government or the community is responsible for providing essential services such as education, healthcare, housing, and employment opportunities to all citizens. A socialist economy operates under a centralized planning system where the government controls the production, distribution, and allocation of goods and services. The government decides what goods are produced, how they are produced, and how they are distributed. Prices are also determined by the government, and private property rights are limited.In conclusion, it is false to say that socialism is an economic system that is built around the private ownership of the means of production. Instead, socialism is an economic system that is built around public or communal ownership of the means of production.
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b) Now that you've created an invoice, how did you arrive at your final total? (2
points)
Answer:
black guy in the learners permit to build
1A To analyze the sources of specific risk, IBM uses sensitivity analysis to determine the impact of different market risk exposures on the fair value of the company's assets. What kind of financial instruments are included in this sensitivity analysis?
The financial instruments included in IBM's sensitivity analysis are market risk exposures, which help to determine the impact of specific risks on the fair value of the company's assets.
In order to perform sensitivity analysis, IBM must first identify the specific risks that could affect the value of its assets. These risks can include changes in interest rates, exchange rates, commodity prices, and other market variables. Once these risks are identified, IBM can use financial models to simulate different scenarios and determine the potential impact on the value of its assets.
The financial instruments used in this analysis can include options, futures, and other derivatives that are sensitive to changes in market variables. By understanding the sources of specific risk, IBM can better manage its overall risk profile and make more informed decisions about its investments and operations.
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To stimulate the economy, the Federal Reserve decides that the amount of money in circulation
needs to increase.
Which of the following actions will they be MOST LIKELY to take?
Answer:
Lower the reserve requirement ratio
Explanation:
Stimulating the economy requires expansionary monetary policies. These are the actions that increase the money supply in the economy. When there is an increase in the money supply, people and businesses have more money to spend. An increase in spending means a higher demand for goods and services, which motivates increased production.
Reserves requirement is the proposition of customer deposits that commercial banks retain in their custody at all times. A reduction in the reserve requirement ratio implies that banks can loan out a larger proportion of customer deposits. The amount of money available for banks to issue out as loan increases. An increase in lending adds to the money supply in the economy, which, in turn, stimulates economic activities.
Answer:
Stimulating the economy requires expansionary monetary policies. These are the actions that increase the money supply in the economy. When there is an increase in the money supply, people and businesses have more money to spend. An increase in spending means a higher demand for goods and services, which motivates increased production.
Reserves requirement is the proposition of customer deposits that commercial banks retain in their custody at all times. A reduction in the reserve requirement ratio implies that banks can loan out a larger proportion of customer deposits. The amount of money available for banks to issue out as loan increases. An increase in lending adds to the money supply in the economy, which, in turn, stimulates economic activities.
Explanation:
Big Sky Company provided the following information regarding its direct labor for the month of October: Actual hours worked 1,050 Actual wage $16.25 Standard hours allowed 1,020 Standard wage $16.50 Based on the given information, the direct labor efficiency variance is O a. $495.00 unfavorable. O b. $487.50 favorable. O c. $487.50 unfavorable. O d. $495.00 favorable
To calculate the direct labor efficiency variance, we need to find the difference between the actual hours worked and the standard hours allowed, multiplied by the standard wage rate.
Actual hours worked: 1,050
Standard hours allowed: 1,020
Standard wage: $16.50
Direct labor efficiency variance = (Actual hours worked - Standard hours allowed) * Standard wage
= (1,050 - 1,020) * $16.50
= 30 * $16.50
= $495.00 unfavorable
Therefore, the correct answer is (a) $495.00 unfavorable.
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What can give working people information about their fields, including conferences and leadership opportunities in those fields?
an extracurricular activity
a career and technical student organization
a professional organization
a cocurricular activity
Answer:
a professional organization
Explanation:
A professional organization is formed to promote the growth of the profession and advance the interest of people working in that profession.
A professional organization is also known as a professional association. It facilitates communication and connection among its professionals. It supports innovations and creativity that help develop and grow the profession. Through their regular meeting, members of a profession share information on the trending issues, opportunities, and challenges affecting the profession.
Answer:
C
Explanation:
in general, the threat of substitutes is heightened because the internet lowers switching costs. lowers barriers to entry. introduces new ways to accomplish the same task. increases output per unit of cost.
The threat of substitutes is heightened because the internet lowers switching costs, lowers barriers to entry, introduces new ways to accomplish the same task, and increases output per unit of cost.
The internet has made it easier for consumers to find and switch to substitute products and services, thereby increasing competition and putting pressure on companies to innovate and lower their prices.
The internet has also made it easier for new entrants to enter the market and offer substitute products, further increasing the threat of substitutes. Additionally, the internet has introduced new and more efficient ways to accomplish many tasks, making it easier for consumers to find substitutes.
Finally, the internet has increased the efficiency and output per unit of cost of many products and services, making it easier for consumers to switch to substitute products that offer similar benefits at a lower cost.
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