Price coherence refers to the similarities of pricing within the same sector of an industry, either from a supplier, manufacturer, or a wholesaler. The higher the level of price coherence, the more likely it is that the prices of various goods or services in the sector will be very similar to one another. In the long run, this can result in a reduction in the customers' surplus. How does price coherence reduce the consumers’ surplus?Price coherence reduces consumer surplus in a variety of ways. One way is by leading intermediaries to invest in benefits inefficiently.
When there is a lot of coherence in pricing, intermediaries will look to other areas to differentiate themselves from their competitors. This can result in the intermediary investing in benefits that are not attractive to the customer, hence reducing the customer's surplus. Another way in which price coherence reduces the consumer surplus is through the intensification of the moral hazard problem. When there is little variance in pricing, the intermediary may feel more inclined to take risks that could harm the customer. This could include reducing the quality of the service, or increasing the level of risk associated with the service. This increases the likelihood of the customer's surplus being reduced, as they will be exposed to greater risk without any increase in their rewards.
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Is competition good for business?
Is it good for consumers?
Answer:
yes and yes
Explanation:
.Comfort living produces three types of three luggage sets (Carryon, Upright, and Duffel)
Carryon Upright Duffel Quantity 8,000 set 12,000 set 6,000 set
Selling price $750 per set $800 per set $600 per set
Direct material and direct labour cost $340 per set $600 per set $360 per set
Comfort living produces three types of three luggage sets. The total direct material and direct labor cost of all three sets is $12,080,000.
The Carryon Upright Duffel Quantity of each type of set is as follows:-
Carryon - 8,000 sets Upright - 12,000 sets Duffel - 6,000 sets.
The selling price for each set is as follows:-
Carryon - $750 per set Upright - $800 per set Duffel - $600 per set.
The direct material and direct labor costs for each set are as follows:-
Carryon - $340 per set Upright - $600 per set Duffel - $360 per set
Now, we need to calculate the total amount of direct material and direct labor costs for each type of luggage set. So, we need to multiply the cost per set with the quantity of sets produced. Then we add all three to get the total direct material and direct labor cost.
Hence,Total direct material and direct labor cost for the Carryon set = $340 × 8,000 = $2,720,000
Total direct material and direct labor cost for the Upright set = $600 × 12,000 = $7,200,000
Total direct material and direct labor cost for the Duffel set = $360 × 6,000 = $2,160,000
Total direct material and direct labor cost for all three sets = $2,720,000 + $7,200,000 + $2,160,000 = $12,080,000
Consequently, $12,080,000 is the total direct material and direct labour cost for the three sets.
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An investment adviser representative has worked with a client and his spouse for 10 years and has an excellent relationship with the couple. The representative has been notified that the husband is unconscious and is in the hospital. The account has several open orders that have not yet been executed. What can the representative do regarding the disposition of these orders
What does an exchange rate tell you?
A. How many products have been exchanged between two different countries
B. The number of people in one country in comparison to another country
C. How much one unit of currency is worth when converted to another currency
D. The speed that people are buying a specific type of product
Answer:
C. How much one unit of currency is worth when converted to another currency
It tells you: C. How much one unit of currency is worth when converted to another currency.
michelle works in retail and cant decide what products to include i the stores front window display what is the first step she should take to solve this problem
The available options are:
A. List the options.
B. Evaluate the decision/choice.
C. State the problem.
D. Determine the pros and cons.
Answer:
State the problem.
Explanation:
In a situation like this, it is expected that the first step to take to solve the problem is that Michelle should understand the reason, she wants to put the product on the window display. This includes knowing what she will benefit by placing the product on the window display and which product she wants to display. This process which is the first step in the problem-solving technique is known as STATE THE PROBLEM.
Hence, the right answer is State the Problem.
A municipal bond carries a coupon rate of 6. 25% and is trading at par. What would be the equivalent taxable yield of this bond to a taxpayer in a 40% tax bracket
The equivalent taxable yield of a 6.25% municipal bond to a taxpayer in a 40% tax bracket is 9.06%.
Municipal bonds are exempt from federal income tax, which means that investors do not have to pay taxes on the interest payments they receive. This makes municipal bonds attractive to investors in high tax brackets, as it can significantly increase their after-tax returns.
In the case of a 6.25% municipal bond, a taxpayer in a 40% tax bracket would effectively receive an after-tax yield of 9.06%. This is because the taxpayer would be able to deduct the interest payments from their taxable income, which would reduce their taxable income by $6.25 for every $100 they invested.
For example, if a taxpayer in a 40% tax bracket invested $10,000 in a 6.25% municipal bond, they would receive $625 in interest payments each year. They would be able to deduct this interest from their taxable income, which would reduce their taxable income by $250. This would effectively increase their after-tax yield on the bond to 9.06%.
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Arnold industries has pretax accounting income of $168 million for the year ended december 31, 2021. the tax rate is 25%. the only difference between accounting income and taxable income relates to an operating lease in which arnold is the lessee. the inception of the lease was december 28, 2021. an $144 million advance rent payment at the inception of the lease is tax-deductible in 2021 but, for financial reporting purposes, represents prepaid rent expense to be recognized equally over the four-year lease term.
required:
prepare the appropriate journal entry to record arnold's income taxes for 2022.
To prepare the journal entry for Arnold Industries' income taxes for 2022, we need to calculate the taxable income and the related income tax expense based on the information provided.
Taxable income is the amount of income subject to taxation after adjusting accounting income for tax purposes. In this case, the only difference between accounting income and taxable income is the advance rent payment related to the operating lease.
The advance rent payment of $144 million is tax-deductible in 2021, which reduces the taxable income for the year. However, for financial reporting purposes, the advance rent payment represents prepaid rent expense to be recognized equally over the four-year lease term. Therefore, the portion of prepaid rent expense to be recognized in 2022 is $144 million / 4 years = $36 million.
Here is the journal entry to record Arnold Industries' income taxes for 2022:
Income Tax Expense $33 million
Income Taxes Payable $33 million
The income tax expense of $33 million is calculated by applying the tax rate of 25% to the taxable income of $132 million ($168 million - $36 million prepaid rent expense). The income taxes payable account is credited for the same amount.
Note that the income tax expense is based on the taxable income for the year, which is different from the pretax accounting income of $168 million due to the timing difference related to the operating lease.
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Inland water transport system does not exist in which state?
Inland water transport systems are used in many states throughout the United States. It is possible that some states may not have as developed or extensive an inland water transport system as others, but it is not accurate to say that any particular state does not have an inland water transport system at all.
Inland water transport systems in the United States generally include rivers, lakes, and canals. These systems are used for a variety of purposes, including transportation of goods, recreation, and hydroelectric power generation. Some examples of states with well-developed inland water transport systems include Minnesota, Arkansas, and Louisiana.
B. Industria and Extractive Occupation can be grouped into Extractive, direct and indirect C Construction, Manufacturing D. Manufacturing, Commercial and direct
Industrial and Extractive Occupation can be grouped into option A. Extractive, direct, and indirect.
What is the Occupation about?Businesses and extractive occupations include the extraction of crude materials from nature. This incorporates businesses such as mining, oil and gas extraction, logging, as well as angling.
These businesses extract assets from the environment and get ready them for assist handling or utilize in fabricating and other businesses. They are fundamental for giving the crude materials that back numerous other businesses and financial exercises.
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A business owned by only one person is called a____
A - corporation
B - sole proprietorship
C - partnership
D - limited liability company
B - sole proprietorship
Which multimedia and interactive elements do you think would best support your viewpoint on the topic you chose for your blog? Write two to four sentences explaining what multimedia and interactivity you will use and why.
Answer:
I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear
Explanation:
I took the test
Brainiest???
The Use of videos, audios, and images in the blog will not only make it attractive but also make it credible.
Best Way to Write BlogTo write a credible and attractive blog we need to use multimedia such as videos, images, link of credible websites. We can also use other elements which can autocorrect grammer mistakes, can easily provide best charts and graphs.
The use of these elements can give a better outlook to our blog, and also create a sense of trust and credible information.
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A global computer network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols.
Answer:
The correct answer is "Internet".
Explanation:
A global structure of data networks, the collection of several types of networks throughout which the clients at any device will, whether they have the authorization, obtain some technical information from other devices, recognized as an internet. Which utilizes a fraction of that same cumulative capacity of the already additional infrastructure network systems.Does decreasing the value of the local currency contributes in the increase of the economic growth rate
Answer:
Yes
Explanation:
Devaluation is the purposeful reduction of the value of a nation's currency in relation to another currency or group of currencies. When the currency is devalued, it can lead to an increase in the export of the nation's produce because the price of the exported goods is cheaper and foreign countries are most likely to purchase cheap goods.
The economic growth rate of a nation is the change in percent of goods and services produced in a country over a period of time. It gives an idea of the income of the average citizen in the country. When the value of the local currency is devalued, exports will increase and that will also cause an increase in the income of citizens. This translates to a resultant increase in the economic growth rate of the nation.
Which of the following legal forms allows owners to contribute no capital but still play a part in managing the business and share in its profits? a. Sole proprietorship b.C corporation c. Partnership d. S corporation
Option (c), The legal form that allows owners to contribute no capital but still play a part in managing the business and share in its profits is a partnership.
The partnership is the legal form that allows owners to contribute no capital but still play a part in managing the business and share in its profits. A partnership is a business arrangement in which two or more persons agree to share in the profits and losses of a business venture. In most cases, a partnership is formed by two or more people, each of whom contributes something to the venture. However, in some cases, a partner may contribute only time, expertise, or other intangible assets and not capital. The partnership agreement is the main answer to what governs the relationship between partners. It sets out the terms and conditions of the partnership, including the sharing of profits and losses, the decision-making process, and the responsibility of each partner.
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Karen's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Karen's purchases of Xpert snowboards during September is shown below. During the same month, 123 Xpert snowboards were sold. Karen's uses a periodic inventory system. Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 (a) Explanation Units Unit Cost Inventory 29 $97 Purchases Purchases Purchases Totals 45 20 Cost of goods sold 50 144 The ending inventory at September 30 104 106 107 Total Cost $2,813 4,680 2,120 5,350 Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. $14,963 FIFO $ LIFO
With closing inventory on September 30, LIFO is $10,379 and cost of goods sold is $12,279.
To calculate the cost of goods sold using FIFO (first in, first out) and LIFO (last in, first out) methods with the ending inventory on September 30th, calculate the cost of inventory remaining on September 30th. need to do it. Cost of goods sold based on purchase and sales information provided.
FIFO method:
The FIFO method assumes that items purchased first are sold first. Therefore, prices for in-stock items are based on recent purchases.
To calculate ending inventory using FIFO:
Determine the cost of goods sold.
First, calculate the total cost of the goods sold.
Cost of Goods Sold = 29 pieces x $97 (September 1 purchase) + 45 units x $97 (purchased on Sep 12) + 49 units x $97 (purchased on Sep 19) = $8,733
Calculate the ending inventory.
Sum the remaining units of purchases made after the item is sold.
Ending Inventory = 20 units x $97 (purchased September 12) + 104 units x $97 (purchased September 26) = $11,108
Therefore, the closing inventory (FIFO) on September 30th is $11,108 and the cost of sales is $8,733. LIFO method:
The LIFO method assumes that the goods purchased last are sold first. Therefore, prices for items that remain in stock are based on the earliest purchase.
To calculate ending inventory using LIFO:
Determine the cost of goods sold.
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When you put a check you received in the bank, you have immediate access to the money.
True or False.
Answer:
this is true hope this helps
Explanation:
The graph presents a production possibilities curve, or frontier, PPF for the nation of New Carnitas. Each point on this curve represents a combination of steak and potatoes that this country can produce given its resources and technology. Based on the information in the graph, place the points as indicated.
Point A is an attainable and efficient combination of steak and potatoes.
Point B is consistent with the full employment of available resources.
Between points C and D, the opportunity cost of 1 pound of steak is 2 pounds of potatoes.
Between points E and F, the opportunity cost of 1 pound of potatoes is 3 pounds of steak.
Point G represents an unattainable combination of steak and potatoes.
Point H represents an inefficient use of New Carnitas's resources.
Given that the graph is not shown here these are the basic points in a production possibility curve.
The attainable point in a production possibility curve
This is the point that lies on the curve of the PPC. This point can be produced by the resources that are available at the moment.
The full employment of resources on the PPCThis is the point that has all the resources in the economy being used in the production of goods and resources.
The unattainable point in a PPCThe unattainable point in the curve is the point that is outside of the curve. At this point the resources available cannot be used for production.
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Why Strategic Planning is an Important Life Skill?
Answer:
Explanation:
Because if you're able to plan things, its a useful skill for jobs, family planning etc. Its a useful skill to have.
What does qualitative research and quantitative research means?
Answer:
Quantitative research is expressed in numbers and graphs. It is used to test or confirm theories and assumptions. This type of research can be used to establish generalizable facts about a topic.
Common quantitative methods include experiments, observations recorded as numbers, and surveys with closed-ended questions.
Qualitative research
Qualitative research is expressed in words. It is used to understand concepts, thoughts or experiences. This type of research enables you to gather in-depth insights on topics that are not well understood.
Common qualitative methods include interviews with open-ended questions, observations described in words, and literature reviews that explore concepts and theories.
Answer:
Qualitative research involves collecting and analyzing non-numerical data (e.g., text, video, or audio) to understand concepts, opinions, or experiences. It can be used to gather in-depth insights into a problem or generate new ideas for research.
Quantitative research is a research strategy that focuses on quantifying the collection and analysis of data.
1. Describe how SaksFirst builds loyalty for Saks Fifth Avenue.
SaksFirst built loyalty for Saks Fifth Avenue by broadening its reach and offering more benefits like:
free membership for cardholders without minimum spending earning points toward SaksFirst card with first purchases and free shipping from Saks stores.How do brands build loyalty?Customers only continue to buy or patronize a brand if they feel they can trust the company, this is brand loyalty. Loyalty can be achieved through engaging customers, being reliable, keeping the price reasonable and incentives.
In the case of SaksFirst, they built loyalty by offering free memberships to Saks Fifth avenue customers, giving points for first card purchase and free shipping.
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Safeville City is about to renegotiate its contract with the collective bargaining unit representing its local police force. The major issue up for renegotiation is salary levels. The union is using a survey of cities of comparable size in Safeville's three-state region. The city council has decided to use comparison salaries only from organizations and corporations within a 100-mile radius as nearly 100 percent of Safeville's existing police force resides within the area.
What are the pros and cons of the approaches taken by the city council and police union?
The approaches taken by the city council and the police union to the renegotiation of Safeville City's contract with the collective bargaining unit representing its local police force have pros and cons.
The pros of the approach taken by the city council to use comparison salaries only from organizations and corporations within a 100-mile radius are that:
it ensures a fair salary increase or decrease for the police officers based on the cost of living within the area.
It also helps to avoid discrepancies in salary levels in different locations that would occur if a survey was done using cities of comparable size in Safeville's three-state region.
The cons of the approach taken by the city council to use comparison salaries only from organizations and corporations within a 100-mile radius are that:
the cost of living within 100 miles may not accurately reflect the cost of living in Safeville City.
It could also lead to less competitive salaries if organizations and corporations within a 100-mile radius have lower salaries than those of cities of comparable size in Safeville's three-state region.
On the other hand, the pros of the approach taken by the police union to use a survey of cities of comparable size in Safeville's three-state region are that it ensures that police officers are paid at a competitive rate based on cities of comparable size in Safeville's three-state region. This would help to attract and retain qualified officers who would not be discouraged by low salaries.
The cons of the approach taken by the police union to use a survey of cities of comparable size in Safeville's three-state region are that it could result in less accurate salary rates if the cost of living in these comparable cities is different from that of Safeville City. Also, it could lead to disparities in salary rates in different locations if the survey does not take into account the cost of living in each of these cities.
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imagine a trader buys a put option on a stock with a strike price of 500 and pays a premum of 25. what is the traders break even point
By deducting the cost per share from the strike price, one can determine the put option's break-even point. The break even point is therefore 50 -25, giving us 475.
What is break even point?The break-even point in economics, business, and cost accounting is the point at which total costs and total revenues are equal, or "even." There is no net loss or gain, and one has "broken even," even though opportunity costs have been paid and capital has received the risk-adjusted, expected return.
The term "break-even point" (BEP) in accounting refers to the situation where a company's revenues and expenses were equal for a specific accounting period. It means the company "broke even," which means there were neither net profits nor losses.
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zoom in and examine the locations of faults relative to cities housing, businesses, freeways, and development in general. how would you describe the level of seismic hazard in the bay area?
The Bay Area is located in the seismically active region of California and is prone to earthquakes and other seismic activity.
Understanding the locations of faults relative to cities, housing, businesses, freeways, and development is key to assessing the potential level of seismic hazard in the region.
To provide an accurate assessment of seismic hazard, it is necessary to zoom in and examine the exact locations of the faults and how they are situated relative to the aforementioned structures.
By doing this, one can gain a better understanding of the seismic hazard present in the Bay Area and take the necessary precautions to protect against potential seismic activity.
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Why is it important for public corporations to comply with audits
Answer:
Explanation:
Accounting and auditing professionals serve an absolutely vital role in our capital markets. Transparent, informative and accurate financial reporting are the lifeblood of the capital markets and are essential for investors to make informed decisions as to how to allocate their capital.
Think about where you will be in your career and your life five years into the future. Create a list of the jobs that you think you will have, the additional skills you might develop, and the further education you will pursue. Using this list, prepare a résumé for yourself that reflects where you believe you will be in five years. Once you have prepared the résumé, share it with someone in your family or with a close friend. Ask them for their insight as to whether the résumé is an accurate portrayal of where they think you will be in five years. If their opinion is different from yours, can you determine why? How might this information factor into your present and future career decision-making?
Explanation:
It is essential that when choosing the business administration course there is a directing of the student to one of the multiple administrative areas in which a career can be built.
Assuming that there is an interest in building a career with a focus on entrepreneurship in the market, it is necessary that there are significant skills for entrepreneurs, that is, communication skills, flexibility, and conceptual skills, which allow the administrator a broad view of the business, coordinating and controlling its resources to position itself favorably in the competitive market.
If your focus is to open a new business, it is necessary that you evaluate your profile, considering that this is an activity that requires resilience, organization, a lot of study and determination. When preparing your resume and asking for the opinion of people close to you, analyze if the characteristics of an entrepreneur will match yours, and adjust to develop them if necessary, seek support material, such as great scholars, scientific articles, try to observe the business scenario, and dedicate yourself to making your business prosper.
one attribute that helps define a project is that a project has a unique purpose T/F
True. One of the defining characteristics of a project is that it has a unique purpose. Unlike routine operations, which are ongoing and repetitive, a project is a temporary endeavor with a specific goal or objective.
The purpose of a project can vary widely, ranging from developing a new product to constructing a building to implementing a new IT system. However, regardless of the nature of the project, it is essential that it has a clear and well-defined purpose that guides all the activities and decisions involved in its execution. This purpose is typically articulated in the project's scope statement, which outlines the project's objectives, deliverables, timelines, and stakeholders. By having a unique purpose, a project can focus on achieving specific outcomes and creating value for the organization.
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Blogs are used for all of the following except
O professional development
O editing corporate documents
O sharing news
O promotions
Answer:
B - editing corporate documents
Answer:
I thing promotions
Explanation:
please mark me branlast
Can someone pls help me with this? I'll give Brainliest :]
Answer:
sure but how can i help
Explanation:
In order for a check to be legal tender it must be?
O Authorized
O Certified
Signed
O Processed
Answer:
certified signed
Explanation:
that signature come from police
Answer:
certified signed
Explanation:
The check only have power or in other words legit when only have the certification from the bank or the treasury.
Suppose that, before filing for bankruptcy, Stephen had been involved in an automobile accident. The attending officers determined that Stephen's blood-alcohol level was above the legal limit. An injured passenger in the other car sued Stephen and won a settlement. Further suppose that Stephen, as part of his Chapter 13 bankruptcy, attempted to discharge the car-accident settlement in addition to attempting to discharge his obligation for his children's college expenses. Would he be successful?
Answer:
No, because in bankruptcy repayment plans, certain debts are not dischargeable, including those related to injury or property damage caused while driving drunk.
Explanation:
Dischargeable debts are defined as amounts owed that can be wiped out by one's bankruptcy discharge.
Once the bankruptcy discharge is issued, creditors in such cases can no longer collect on the debts
An example of dischargeable debts is credit card debt and medical bills
In this scenario however where Stephen had been involved in an automobile accident and attending officers determined that Stephen's blood-alcohol level was above the legal limit.
Any debt in relation to the injured party cannot be discharged through bankruptcy