The uncontrolled, competitive market equilibrium in the aforementioned graph has a tuition of $18,000 and a quantity of 30 million college students.
What Is Competitive Equilibrium?Competitive equilibrium is a situation in which profit-maximizing producers and utility-maximizing customers reach an equilibrium price in competitive markets with freely determined prices. The quantity supplied and the quantity demanded are equal at the equilibrium price.
Why do competitive marketplaces alter equilibrium?The market is constantly moving towards equilibrium because if the price is too high, there is a surplus and prices tend to drop until the surplus is sold and equilibrium is attained, and if the price is too low, there is a shortage and manufacturers raise prices and increase quantity provided.
Learn more about competitive market equilibrium: https://brainly.com/question/14412690
#SPJ4
What two factors influence an economic school of thought?(1 point)
Answer:
Free-market, or laissez-faire, economics and Keynesian theory.
Explanation:
The economic school of thought can largely be influenced by prevailing societal values and the historical context in which the theory is developed.
There are many factors that might influence an economic school of thought, but the two key elements are often prevailing societal values and historical context. Prevailing societal values can drastically influence an economic philosophy.
Furthermore, the historical context in which an economic thought emerges is crucial. Economists develop their theories in response to the economic challenges and realities of their time. The Great Depression deeply influenced Keynesian economics, and the stagflation of the 1970s prompted a shift towards monetarism.
Learn more about the Economic School of Thought here:
brainly.com/question/4537767
#SPJ2
Identify the type of conic section consisting of the set of points in a plane that are equidistant from a fixed point and a fixed line. Choose the correct answer below. A. ellipse B. parabola C. circle D. hyperbola
The type of conic section consisting of the set of points in a plane that are equidistant from a fixed point and a fixed line is called a b) parabola.
A parabola is defined as a symmetrical, open plane curve formed by the intersection of a cone with a plane parallel to its side. The focus and the directrix are the two fixed points that define a parabola. The directrix is a fixed line that is equidistant from all points on the parabola, while the focus is a fixed point that is also equidistant from all points on the parabola.
A parabola can open upwards or downwards, depending on the position of the focus and the directrix. When the vertex of a parabola is at the origin and the axis of symmetry is vertical, the equation of the parabola is given by y^2 = 4ax, where a is the distance from the vertex to the focus.
Therefore, the correct answer is b) parabola.
Learn more about parabola here: https://brainly.com/question/25651698
#SPJ11
“Creditors do not actually have to worry about their dues in case the business fails.” In which
form of business is this possible? Which special feature is highlighted in this statement ?
Answer:
Sole proprietorship
The sole proprietor(not creditors but creditor) bears all losses
Explanation:
Sole proprietorship is a form of business in which there is no legal difference between the owner and the business entity as both are one and the same. The term 'sole' connotes 'only' while 'proprietorship' connotes 'owner(ship)'; it is also referred to as individual entrepreneurship. This is because only the owner of the business (the proprietor) bears all the risks (losses, debts, legal actions etc) and benefits (profits, dividends etc) of the business venture. He owns all the assets of the business venture, debts as well as the legal actions (whether positive or negative); when business is faring well, he enjoys a handsome profit and when business is struggling, he also bears the brunt of it.
The special feature highlighted in the statement above is the reality that the "creditors" refers simply and only to the proprietor (the owner of the business); in which case, if the business fails, the proprietor does not have to bother about the backlash from creditors' pressures, legal actions etc. He is the sole bearer of the losses of the business venture.
Explain each of the three sides of the fraud triangle with respect to how it contributes toward the possibility that fraud in the financial statements may be present.
The fraud triangle model outlines the underlying causes of financial fraud, with each side of the triangle representing a different risk factor.
The three factors are:
The ability to commit fraud. Financial statements can be manipulated without detection.
The fraudster's justification. It includes the idea that financial hardship or entitlement justifies fraud.
Pressure motivates fraud. It includes financial pressure and lifestyle pressure.
Each of these factors contributes to the likelihood of fraud in the financial statements.
For example, an individual with access to financial statements (opportunity) may feel pressure to meet financial targets (pressure) and justify their actions by believing that they deserve more money (rationalization).
All three factors must be present for fraud to occur.
Read more about financial statements.
https://brainly.com/question/29989878
#SPJ11
4. Name a way that your family interacts in the markets for the factors of production and a way that it interacts in the markets for
goods and services.
Answer:
One way my family interacts in the markets for the factors of production is by hiring labor, such as hiring a cleaner or a landscaper to maintain our home. Another way is by renting land or property, such as renting a vacation home or storage unit.
In the markets for goods and services, my family interacts by purchasing goods and services, such as buying groceries at a supermarket, purchasing clothing from a retail store, or paying for a meal at a restaurant.
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?
2. why must accounting reports be prepared in according to specific procedures such as gaap? would it be a good idea to allow business some flexibility or creativity in preparing financial statements?
Accounting reports must be prepared in accordance with specific procedures such as GAAP (Generally Accepted Accounting Principles) in order to ensure that the information presented is accurate, consistent, and reliable.
This allows for the comparison of financial statements across different companies and industries, which is crucial for investors and other stakeholders in making informed decisions. While it may seem like a good idea to allow businesses some flexibility or creativity in preparing financial statements, this could lead to misleading or inaccurate information being presented.
Without specific procedures and guidelines, it would be difficult to compare financial statements and make informed decisions. Therefore, it is important for accounting reports to be prepared in accordance with specific procedures such as GAAP to ensure accuracy and consistency.
Lean more about GAAP at https://brainly.com/question/28963513
#SPJ11
HELP!!!
What is the opportunity cost of increasing shoe production from 10,000 to
20,000 pairs? What is the opportunity cost of increasing shoe production from
50,000 to 60,000 pairs? Compare the two opportunity costs, and explain why they
might differ.
Answer:
About 250 ; 2000 bicycles
Explanation:
Opportunity cost simply means the loss incurred on a certain option when the alternative opruoonos chosen.
The opportunity cost of increasing shoe production from 10,000 to 20,000 pairs
The value of 20,000 (x axis) on the y axis is about 3750
Value of point A in the y - axis = 4000
Hence opportunity cost = (4000 - 3750) = 250 bicycles
B.)
The opportunity cost of increasing shoe production from 50,000 to 60,000 pairs
The value of 60,000 (x axis) on the y axis is about 0
Value of point B in the y - axis = 2000
Hence opportunity cost = (2000 - 0) = 2000 bicycles
HURRY PLZ IM ON A TIMED TEST!!!!!!!!!!!!!!!!!!!!!! WILL GIVE BRAINLIEST...............Which career is best suited for people who have a high school diploma? administration and information support human resources business financial management and accounting business analysis
Answer:
Gaming managers.
Business operations specialists. ...
Transportation inspectors. ...
Electrical power-line installers and repairers. ...
Postmasters and mail superintendents. ...
Subway and streetcar operators. ...
Petroleum pump system operators, refinery operators, and gaugers.
Explanation:
Answer:
a little late but I believe it would be administration and information support
Explanation:
If the cost of production decreases for Tesla’s cars, what effect will this have on consumers who want to buy one???
Answer:
The consumers will pay more.
Explanation:
Should the production cost increase, the price of Tesla cars is also likely to increase. Typically, producers are likely to pass the increased costs to the cars' final price. The market price for the cars will go up, meaning customers will pay more for the cars.
New balance, inc. , successfully repositioned its athletic shoes to focus on fit, durability, and comfort rather than competing head-on against nike and adidas on fashion and professional sports. new balance is likely reacting to a.
The action of New Balance, Inc. to successfully reposition its athletic shoes to focus on fit, durability, and comfort rather than competing head-on against Nike and Adidas in fashion and professional sports is A. a reaction to a competitor's position.
What is competitive positioning?Competitive positioning is offering and creating value for your customers and brand in the market.
The following four competitive positions can be assumed by an entity, depending on the adopted market strategies:
Market leadershipMarket challengingMarket followershipMarket niching.Answer Options:A. react to a competitor's position
B. reach a new target market segment
C. catch a rising trend
D. change the value offered to its customers
E. accommodate its target audience's preference for comfortable sneakers
Thus, New Balance, Inc. is likely reacting to Option A.
Learn more about market positioning at https://brainly.com/question/25165063
Define ''limited in stock''
Answer:
Explanation:
it means that the product wont be around aymore since its limited to retailer?
A good time to observe the dress code to prepare for your first day is during
a your interview
b. your second day
your Orientation
d the weekend
A good time to observe the dress code to prepare for your first day is during an interview. Thus, option A is correct.
What is interview?A planned interaction in which one party asks questions and the other responses is known as an interview. A one-on-one conversation between an interviewer and an interviewee is referred to as a "interview" in everyday speech.
In general, the individual should dress professionally or in business clothes for a job interview. The interview is a dialogue in which you and your prospective employer exchange information.
Therefore, it can be concluded that During an interview is a wonderful opportunity to review the dress code in order to get ready for your first day. Therefore, choice A is correct.
Learn more about interview here:
https://brainly.com/question/15128068
#SPJ5
when a manager is concerned with monitoring total cost, total revenue, and net profit conditioned upon the level of productivity, an accountant should normally recommend: (cpa adapted) flexible budgeting standard costing a. yes yes b. yes no c. no yes d. no no
The accountant would recommend "Yes" for both flexible budgeting and standard costing. The correct answer is option A: Yes, Yes.
When a manager is concerned with monitoring total cost, total revenue, and net profit conditioned upon the level of productivity, an accountant would typically recommend both flexible budgeting and standard costing.
Flexible budgeting allows for adjustments in budgeted amounts based on changes in activity levels. It helps compare actual performance with the budget at different levels of productivity, enabling the manager to monitor total cost, total revenue, and net profit in relation to the actual level of productivity.
Standard costing involves setting predetermined standards for costs and revenues based on expected levels of productivity. It provides a benchmark for evaluating actual performance and helps identify any deviations from the expected standards. This enables the manager to monitor cost, revenue, and net profit performance against the predetermined standards.
Learn more about accountant here:
https://brainly.com/question/30977839
#SPJ11
An investor seeking to recover stock market losses from a CPA firm associated with an initial offering of securities based on an unmodified opinion on financial statements that accompanied a registration statement, must establish that:_________.
A) The audited financial statements contain a false statement or omission of material fact.
B) The CPA firm would have discovered the false statement or omission if it had exercised due care in its examination.
C) The CPA firm did not act in good faith.
D) The investor relied on the financial statements.
Answer:
A) The audited financial statements contain a false statement or omission of material fact.
Explanation:
When an investor seeking to recover stock market losses from a CPA firm associated with an initial offering of securities based on an unmodified opinion on financial statements that accompanied a registration statement, must establish that the audited financial statements contain a false statement or omission of material fact.
An unmodified opinion on financial statements can be defined as an opinion issued by an auditor stating that there are no material misstatements and this simply implies that the, the financial statement represents a true and fair perspective.
Hence, when an investor seeking to recover stock market losses from a certified public accountant (CPA) firm, he or she must establish that the audited financial statements contain a false statement or omission of material fact in accordance with the public company accounting oversight board (PCAOB).
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
Which of the following is a feature of seed financing? O a. The managerial involvement is very high. The company has to start up all operations Ob Money is used to finance research: The company needs money to finance the development C. Money is used to pay off debtors.
The correct option is: a. The managerial involvement is very high. The company has to start up all operations .
Seed capital is the cash raised to begin developing a thought for a business or another item.
This funding for the most part takes care of just the expenses of creating a proposition.
In the wake of securing seed financing, startups might approach financial speculators to obtain extra financing.
Some seed capital might come from angel investors — proficient investors who have a high total assets.
A company that is initially starting out may have restricted admittance to funding and different sources. Banks and different investors might be reluctant to invest in light of the fact that it has no set of experiences or laid out history, or any proportion of accomplishment. Many startup executives frequently go to individuals they know for initial investments — loved ones. This financing is alluded to as seed capital.
to know more about assets click here:
https://brainly.com/question/11556132
#SPJ4
What does a management accountant need to do before he or she can take the exam to become a certified management accountant?
A. complete 60 hours of graduate coursework
B. Have two hours of professional experience
C. Complete 30 hours of graduate coursework
D. Have five years of professional experience
Answer:
Have Two Years of professional experience
Explanation:
looked it up
If you’re using the snowball method, which debt do you focus on first?
If you’re using the snowball method, you take the money you were putting toward that payment and roll it onto the next-smallest debt owed focus on first.
The snowball method is a debt repayment strategy that prioritizes paying off smaller debts first and using the freed-up money to tackle larger debts. This method helps to build momentum and confidence, as the number of debts being paid off decreases over time. The strategy works by making the minimum payments on all debts, except the one with the smallest balance.
Any extra money is then used to pay off that debt as quickly as possible. Once the smallest debt is paid off, the process is repeated with the next smallest debt until all debts are paid off. The snowball method is a popular choice for those who struggle with motivation and need a sense of progress to keep them on track. It can also help reduce the overall amount of interest paid, as the highest interest debts are tackled last.
To learn more about Snowball method visit here:
brainly.com/question/30289015
#SPJ4
what resources do the most successful groups have?
Resources could be referred to as material or non-material asset, values or attributes which an individual or group possess. Based on textual evidence, most successful groups possess credibility.
The values or attributes a group posses defines or embodies the group's capability and reputation. Hence, credibility has a significant impact in determining the success of a group.Credibility defines the level at which a group can be trusted, Hence, defining how much people believe in their course.Therefore, most successful groups would be credible in other to attain the trust and build a good reputation required for success.
Learn more :https://brainly.com/question/25113970
Madeline is a Logistics Manager for a private company, William is a Safety Inspector for OSHA, and Fred moonlights as a Limousine and Taxi Driver. Which best explains how these individuals are employed? Madeline is employed by the federal government, William is employed by a shipping company, and Fred is self-employed. Madeline is self-employed, William works for the federal government, and Fred is employed by a shipping company. Madeline is employed by a shipping company, William works for the federal government, and Fred is self-employed. Madeline is employed by a shipping company, William is self-employed, and Fred works for the federal government
Answer:
Madeline is employed by a shipping company, William works for the federal government, and Fred is self-employed.
Explanation:
Madeline is a logistic manager. Her job revolves around planning how goods are sourced, stored, and transported safely to their intended destined. She is most likely working in the transport and logistics industry. A shipping company is in this industry.
William is a Safety Inspector for OSHA, which is a regulatory agency for the United State Government, under the department of labor. Its role is to promote and advocate for employee's health and safety issues in the workplace. William is, therefore, a government employee.
Fred is self-employed. He often shifts from being a limousine driver to a taxi driver. He can moonlight because he is not an employee of a particular company.
Answer:
the answer is C
ion:
List and discuss at least three types of illegal debt collection practices. (2-4 sentences)
Answer:
Pretending to be someone else. Debt collectors have to identify themselves and who they work for Making threats. It's illegal to threaten anyone to try to get them to pay a debt Contacting third parties Calling at odd hours Harassment(please give brainliest hope this helps!)
The ultimate measure of performance is: A)The amount of the firm's earnings B)How the earnings are valued by the investor C)The firm's profit margin D)Return on the firm's total assets
Answer: option
option
Explanation:
Suppose that an increase in health consciousness increases the demand for fitness centers across the country. Other things being equal, we can expect the wages of fitness instructors to:
Answer:
Increase.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal.
According to the law of demand, there exist a negative relationship between the quantity of goods or services demanded and the price of goods or services i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.
This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.
In this scenario, an increase in health consciousness increases the demand for fitness centers across the country. Other things being equal (ceteris paribus), we can expect the wages of fitness instructors to increase because their services would be sought or demanded by the trainers.
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.
Jennifer has worked for many years reviewing and approving print ads for her firm. She has memorized a checklist of key points to review. Which of the following would NOT be on her checklist?
Select one:
a. brand elements
b. photo credits
c. subheads
d. body copy
e. headline
Jennifer has worked for many years reviewing and approving print advertising for her firm. She has memorized a checklist of key points to review. photo credits is not be on her checklist.
What is the purpose of an advertising campaign when targeting consumers?Information, persuasion, and remembrance are advertising's three main goals. Brands, goods, services, and concepts are brought to the public's attention through informative advertising. It can inform consumers about the features and advantages of brand-new or established products, as well as announce new programs and products.
To know more about advertising visit:
https://brainly.com/question/3163475
#SPJ4
you own a custom pc retail store. a small business client asks you to build three workstations for her organization:
As the owner of a custom PC retail store, if a small business client asks you to build three workstations for her organization, there are several steps you can take to meet her requirements and ensure customer satisfaction.
1. **Assess the client's needs**: Have a detailed discussion with the client to understand their specific requirements. Determine the intended use of the workstations, such as graphic design, data analysis, or general office work. Consider factors like processing power, memory, storage, and graphics capabilities based on their work requirements.
2. **Recommend suitable configurations**: Based on the client's needs and budget, provide recommendations for suitable workstation configurations. Consider components such as processors, RAM, storage drives, graphics cards, and other peripherals that align with their requirements.
3. **Customize and assemble the workstations**: Once the client approves the recommended configurations, customize and assemble the workstations accordingly. Install the operating system, necessary software, and drivers to ensure smooth functionality.
4. **Perform thorough testing**: Before delivering the workstations, conduct comprehensive testing to ensure all components are working properly and meet the client's expectations. This includes running diagnostics, stress tests, and verifying the performance of individual hardware components.
5. **Provide after-sales support**: Offer post-purchase support to address any issues or concerns that may arise after the workstations are delivered. Provide warranty information, troubleshooting assistance, and guidance for future upgrades or maintenance.
By following these steps, you can fulfill the client's request and provide them with tailored workstations that meet their organization's needs, thereby ensuring customer satisfaction and building a positive reputation for your custom PC retail store.
Learn more about PC retail store here:
https://brainly.in/question/12095338
#SPJ11
For each of the following items, indicate whether that item would be considered a transaction at Gerbig Pet Grooming Corporation
a. A customer, Layne Gracen, gives Gerbig a check for $620 to prepay for her dog's grooming appointments for the upcoming year. YES
b. Gerbig pays $310 for last month's electric bill. YES
c. Gerbig selects a new supplier for its shampoos and conditioners. NO
d. The controller for Gerbig pays the bill for a catered lunch at its annual training event for employees. YES
e. Gerbig files its articles of incorporation with the state. NO
f. Gerbig acquires a new stainless steel tub by signing a note payable with PetStar, a supplier of pet grooming supplies and products. YES
g. Maggie Cramer, a customer, signs a contract for next year's dog grooming with Gerbig. NO
h. Gerbig pays its employees an annual bonus on December 31. YES
The items which are considered a transaction are a customer giving Gerbig a check for $620 to prepay for her dog's grooming appointments (option a), Gerbig paying $310 for last month's electric bill (option b), the controller for Gerbig paying the bill for a catered lunch (option d), Gerbig acquiring a new stainless steel tub by signing a note payable with PetStar (option f), and Gerbig paying its employees an annual bonus (option h). The items which are not considered a transaction are Gerbig selecting a new supplier (option c), Gerbig files its articles of incorporation with the state (option e), and a customer signing a contract for next year's dog grooming with Gerbig (option g)
For each of the following items, the items which are a transaction at Gerbig Pet Grooming Corporation are as follows:a. A customer, Layne Gracen, gives Gerbig a check for $620 to prepay for her dog's grooming appointments for the upcoming year. This is a transaction. This would be considered a transaction as money is exchanged for a service.
b. Gerbig pays $310 for last month's electric bill. This is a transaction. This would be considered a transaction as money is exchanged for a service.
c. Gerbig selects a new supplier for its shampoos and conditioners. This is not a transaction. This is not considered a transaction as no money is exchanged.
d. The controller for Gerbig pays the bill for a catered lunch at its annual training event for employees. This is a transaction. This would be considered a transaction as money is exchanged for a service.
e. Gerbig files its articles of incorporation with the state. This is not a transaction. This is not considered a transaction as no money is exchanged.
f. Gerbig acquires a new stainless steel tub by signing a note payable with PetStar, a supplier of pet grooming supplies and products. This is a transaction. This would be considered a transaction as money is exchanged for a service.
g. Maggie Cramer, a customer, signs a contract for next year's dog grooming with Gerbig. This is not a transaction. This is not considered a transaction as no money is exchanged.
h. Gerbig pays its employees an annual bonus on December 31. This is a transaction. This would be considered a transaction as money is exchanged for a service.
Learn more about Transaction:
https://brainly.com/question/30461922
#SPJ11
I allow you to write letters of the alphabets what I am
Answer:
1COMPUTER (Practice worksheet) Name: Class:2 Date ...../ / I am your friend Pingo. Will you do this worksheet with me? This is my keyboard. Function Keys Numeric My computer's keyboard can talk. Special Keys Normal Keys Direction Keys Keys Numeric Keypad It wants to ask a few questions. Will you answer them for me? 1. Which key am I? a) I allow you to write letters of the alphabets. b) I allow you to move the cursor to the top of the page. c) I allow you to delete the letter to the left of the cursor d) I allow you to delete the letter to the right of the cursor. e) If you press me you can type capital letters. f) You use me to type numbers. g) I allow you to create blank spaces between two words or two numbers. h) I allow you to move the cursor up, down, left or right.
What is the price the detectives finally pay for the dress? $300 $1,000 $3,000
the answer is 1,000 on edge
$1,000 is the price the detectives finally pay for the dress. Hence, option B is correct.
What is detectives?a police officer whose responsibility it is to gather information about crimes and identify their perpetrators.
We begin with arguably history's most well-known investigator. Since Sir Arthur Conan Doyle first used him as the topic of novels, Sherlock Holmes has gained notoriety. Many times, he has been portrayed in both films and television shows.
To solve crimes or learn more about a civil case, a detective, also known as an investigator, is tasked with gathering data and analyzing the scenario. They are responsible for reviewing the evidence, questioning criminal suspects, and running background checks.
Without include this infamous gentleman sleuth from Sir Arthur Conan Doyle's mind, no list of fictional investigators is ever complete.
Thus, option B is correct.
For more information about detectives, click here:
https://brainly.com/question/28565292
#SPJ6