In the long run, a competitive firm will decide to exit from its business if the price (p) is less than the average total cost (ATC).
This is because in a perfectly competitive market, firms aim to maximize profits. If the price falls below the average total cost, the firm will be unable to cover all its costs, including both variable and fixed costs. In such a scenario, the firm would be operating at a loss and it would be more economically viable for them to exit the industry.
If the total revenue (TR) is less than the total cost (TC), it indicates that the firm is not generating enough revenue to cover its production costs. This situation also leads to losses and could prompt the firm to exit the market.
If the price falls below the average variable cost (AVC), the firm would not even be covering its variable costs, let alone the fixed costs. This would result in unsustainable losses and would likely lead to the firm's decision to exit.
Therefore, among the given answer choices, the correct statement is that a competitive firm will exit if the price is greater than the average total cost (p > ATC).
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Gold has historically functioned as money. This is due, in part, to the willingness of others to accept it as valid payment for goods and
services. In this case, gold is functioning as an) (1 point)
The willingness of others to accept gold as a valid payment for goods and services made gold a medium of exchange. In other words, gold was used to facilitate commercial exchanges when these became more developed.
Money has changed and developed over time, it has always been used to make business practices more simplified and standardized.
Some examples of the use of a medium of exchange were salt, which was a rare mineral that was offered in trade, hence the word salary.
Therefore, gold began to be used as a means of exchange from the need to use coins with greater durability.
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approximately how much money per consumer will be spent on the super bowl this year?
The advertising revenue from the 2021 Super Bowl, for example, set a new high of $485 million USD. Meanwhile, a 30-second ad spot during the Super Bowl broadcast is expected to cost 6.5 million US dollars in 2022.
What is the average cost of a Super Bowl party?
This year, 103.5 million people intend to host or attend a party, while another 17.8 million intend to watch the game in a bar or restaurant.
For the day, total spending on food, drinks, clothing, decorations, and other purchases is expected to reach $16.5 billion, or $85.36 per person. According to the National Retail Federation (NRF), total spending on food, drinks, apparel, decorations, and other purchases for Super Bowl
Therefore, Sunday celebrations are expected to reach $16.5 billion, or $85.36 for each of the 192.9 million adults planning to watch the game.
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When the central bank buys an asset from the public, ________ in central bank liabilities associated with the asset purchase causes the money supply to ________. When the central bank sells an asset to the public, ________ in central bank liabilities causes the money supply to ________.
A) an increase; expand; a decrease; shrink
B) a decrease; shrink; an increase; expand
C) an increase; shrink; a decrease; expand
D) a decrease; expand; an increase; shrink
When the central bank buys an asset from the public, an increase in central bank liabilities associated with the asset purchase causes the money supply to expand.
Conversely, when the central bank sells an asset to the public, a decrease in central bank liabilities causes the money supply to shrink.
When the central bank buys an asset from the public, such as government bonds, it increases its liabilities by creating reserves for the seller. This increase in central bank liabilities expands the money supply because the reserves held by the seller can be used to make additional loans or payments, thereby increasing the amount of money in circulation.
On the other hand, when the central bank sells an asset to the public, it decreases its liabilities by reducing reserves. This reduction in central bank liabilities leads to a contraction of the money supply because the reserves held by the buyer are removed from circulation, reducing the amount of money available for lending or spending.
Therefore, the correct answer is:
A) an increase; expand; a decrease; shrink
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To study trends in a firm's operating expenses, the analyst should standardize the OPEX numbers to a common size basis by dividing OPEX by: revenue EBITDA assets
To study trends in a firm's operating expenses, the analyst should standardize the OPEX numbers to a common size basis by dividing OPEX by revenue. Option a is answer.
This produces a ratio known as the operating expense ratio, which expresses the proportion of total revenue that is being used to cover operating expenses. By dividing OPEX by revenue, we can compare the performance of different companies regardless of their size, as larger companies are likely to have higher operating expenses due to their larger scale of operations. This ratio can also be used to monitor a company's cost control efforts over time and to identify areas where costs can be reduced to improve profitability.
Option a is answer.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Generally, as stock prices rise( HELP MEEEEE)
A)prices for clothes,toys and other consumer goods rise and bond prices fall
B)prices for clothes,toys and other consumer goods fall and bond prices fall
C)prices for clothes,toys,and other consumer goods and bond prices remain the same
The popularity of social media platforms has given brands new channels for connecting with people as they move through the buyer's journey. Like other forms of online marketing (e.g., search and display ads; email), social media ads can be used to persuade consumers at each step of the journey. In the article "The Top 8 Social Media Metrics for Advertisers", digital marketer Margot Whitney gives her take on metrics brands should use to assess social media marketing performance.
In the article "The Top 8 Social Media Metrics for Advertisers," digital marketer Margot Whitney highlights key metrics that brands should use to assess social media marketing performance.
Using social media advertisingWhen discussing social media advertising, it is important to note that it can be used to persuade consumers at each step of the buyer's journey.
Margot Whitney, a digital marketer, suggests that there are eight social media metrics that brands should use to assess their social media marketing performance.
These metrics include engagement rate, reach, click-through rate, conversion rate, cost per click, return on investment, sentiment, and share of voice
These metrics help businesses evaluate their social media campaigns' effectiveness at connecting with people and persuading consumers throughout the buyer's journey.
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name two of accounts used in commercial banks
________ is a term that denotes the set of assets and liabilities that are linked to a brand and enable it to raise a firm's valuation.
You measure 44 textbooks' weights, and find they have a mean weight of 79 ounces. Assume the population standard deviation is 11.7 ounces. Based on this, construct a 95% confidence interval for the true population mean textbook weight.
Based on the given information, we can construct a 95% confidence interval for the true population mean textbook weight. With a sample size of 44 textbooks, a sample mean of 79 ounces, and a population standard deviation of 11.7 ounces, we use the formula for the confidence interval:
Confidence Interval = sample mean ± (critical value * standard error)
The critical value for a 95% confidence level is approximately 1.96, and the standard error is calculated as 11.7 / √(44) ≈ 1.765.
Plugging these values into the formula, we get:
Confidence Interval = 79 ± (1.96 * 1.765)
Confidence Interval ≈ 79 ± 3.457
Therefore, the 95% confidence interval for the true population mean textbook weight is approximately (75.543, 82.457) ounces.
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When coffee Is traded between countries it is called a________.
Answer:
trade .arrket
Explanation:
did it already
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences
The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.
A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.
Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.
The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?
A. high school diploma
B. associate degree in performing arts
C. bachelor's degree in art history
D. doctorate in computer sciences
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PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Ivywood Country Club recently hired Spencer to find additional resources, make major decisions involving membership, and develop ideas for new swag to be sold in the pro shop. What unique skill did the club MOST likely need when they hired Spencer?
capital capacity
labor talent
entrepreneurial ability
Answer:
entrepreneurial ability
Explanation:
Entrepreneurial ability is the capacity to understand every aspect of a business. It entails combining a range of technical, management, and personal skills. Entrepreneurial ability incorporates creativity, ambition, determination, teamwork, risk management, and a sense of responsibility.
Spencer must have Entrepreneurial abilities; that's why the club hired him. The club believes that his creativity and determination will be useful in finding additional resources. Spencer can recognize, attract, and retain talent. Entrepreneurial abilities involve taking over a business that already exists and making it better.
What is the journal entry for “bought good for cash from m/s rupa traders”
Answer:
see below
Explanation:
The action of buying goods from r/s rupa increase inventory/purchases ( asset account) and reduces cash( asset) in the business.
An increase in assets account is debited, while a decrease is credited. The journal entry will be
Purchases a/c Dr
Cash a/c Cr
job ________ involves division of an organization’s work among its employees and application of motivational theories to jobs to increase satisfaction and performance.
A sales organization conducted a study to explore sales strategies, processes, and support systems within businesses. Organizations were categorized by sales performance level (top performers vs. middle performers vs. bottom performers) and extent to which the organization invests in customer satisfaction. Results were organized into the accompanying contingency table. At the 0.10 level of significance, is there evidence of a significant relationship between sales performance level and level of investment in customer satisfaction? Click the icon to view the contingency table. What are the null and alternative hypotheses to test? H 0
:
H 1
:
relationship exists between relationship exists between
and level of investment. and level of investment.
Calculate the test statistic. χ STAT 2
= (Round to two decimal places as needed.) I also need to find the critical value for this question please. An Employee Value Proposition (EVP) is about defining the essence of a company. The EVP is the value an employee receives from the employer; it defines the commitment the company will make to develop the employee in exchange for the effort the employee puts in to benefit the company. But do all agree on what makes a unique and compelling EVP? A study showed that 15% of busines: executives, 39% of HR leaders, and 34% of employees say that compensation (pay and rewards) makes for a unique and compelling EVP. Assume that 200 individuals within each business group were surveyed. Complete parts (a) through (c). a. Is there evidence of a significant difference among business groups with respect to the proportion that say compensation (pay and rewards) makes for a unique and compelling EVP? Use α=0.10. State the null and alternative hypotheses. A. H 0
:π 1
=π 2
=π 3
=0 H 1
: At least one of the π j
is not equal to zero (where j=1,2,3 ) B. H 0
:π 1
=π 2
=π 3
=0 H 1
:π 1
=π 2
=π 3
=0 C. H 0
:π 1
=π 2
=π 3
H 1
: Not all π j
are equal (where j=1,2,3 ) D. H 0
:π 1
=π 2
=π 3
H 1
:π 1
=π 2
=π 3
The test statistic is χ STAT 2
=30.938. (Round to three decimal places as needed.) The critical value for α=0.10 is (Round to three decimal places as needed.) 507 females reported window tinting as their preferred luxury upgrade of choice. Complete parts (a) through (d) below. Let group 1 be the males, and let group 2 be the females. State the null and alternative hypotheses. Choose the correct answer below. A. H 0
:π 1
≥π 2
B. H 0
:π 1
<π 2
H 1
:π 1
<π 2
H 1
:π 1
≥π 2
C. H 0
:π 1
>π 2
D. H 0
:π 1
=π 2
H 1
:π 1
≤π 2
H 1
:π 1
=π 2
E. H 0
:π 1
≤π 2
F. H 0
:π 1
=π 2
H 1
:π 1
>π 2
H 1
:π 1
=π 2
Calculate the test statistic. χ STAT 2
=3.206 (Round to three decimal places as needed.) Determine the critical value. The critical value is (Round to three decimal places as needed.)
a) There is evidence of a significant relationship between sales performance level and the level of investment in customer satisfaction at the 0.10 level of significance.
b) There is no evidence of a significant difference among business groups regarding the proportion that says compensation makes for a unique and compelling EVP at the 0.10 level of significance.
c) The test statistic is 3.206, and the critical value is [critical value] at the specified level of significance.
a) To determine if there is a significant relationship between sales performance level and the level of investment in customer satisfaction, a chi-square test of independence is conducted at the 0.10 level of significance. The null hypothesis (H0) assumes that there is no relationship between the two variables, while the alternative hypothesis (Ha) suggests that a relationship exists. By calculating the chi-square test statistic and comparing it with the critical value, it is found that there is evidence of a significant relationship between sales performance level and the level of investment in customer satisfaction.
b) To investigate whether there is a significant difference among business groups regarding the proportion that says compensation makes for a unique and compelling Employee Value Proposition (EVP), a chi-square test of independence is performed at the 0.10 level of significance. The null hypothesis (H0) assumes that there is no difference among the proportions, while the alternative hypothesis (Ha) suggests that at least one of the proportions is not equal to zero. Based on the test results, there is no evidence to reject the null hypothesis. Therefore, we do not conclude that there is a significant difference among business groups in terms of their opinion on compensation as a unique and compelling EVP.
c) The test statistic for the given scenario is calculated to be 3.206. The critical value is not provided, so it cannot be determined without additional information.
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combinations inside the production possibilities frontier are:multiple choice question.a. possible but inefficient.b. impossible and inefficient.c. impossible but efficient.d. possible and efficient.
Combinations inside the production possibilities frontier are possible but inefficient.(A)
The production possibilities frontier (PPF) represents the maximum output combinations an economy can achieve when utilizing its resources fully and efficiently. When a combination is inside the PPF, it means that not all resources are being used to their full potential or there is inefficient allocation.
As a result, the economy can produce more goods without sacrificing the production of another good, indicating inefficiency. Combinations on the PPF are considered efficient, while those beyond the PPF are impossible to achieve with the current resources and technology.(A)
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true or false: consumers make purchase selections by relying primarily on instinct and emotion rather than formal integration strategies that require examination and comparison of alternatives on specific attributes.
“consumers make purchase selections by relying primarily on instinct and emotion rather than formal integration strategies that require examination and comparison of alternatives on specific attributes” is true.
Consumer behaviour refers to the study of when, how, why, and where individuals and organizations acquire, use, and discard products, services, ideas, and experiences. The marketing process involves the examination of consumer behaviour. The study of consumer behaviour focuses on understanding the buying behaviours and decision-making processes of buyers, both individually and in groups
Consumers make purchase selections by relying primarily on instinct and emotion rather than formal integration strategies that require examination and comparison of alternatives on specific attributes because:
1. Trust in Brands: Consumers choose brands that they know and trust.
2. Influential Packaging: Customers are influenced by the packaging's colour, form, and graphics, which influence their emotions.
3. Unconscious buying habits: When customers form buying habits, they do so unconsciously.
4. Word of Mouth: Word of mouth is an excellent technique for attracting clients. Consumers rely on reviews from friends and family when making purchasing decisions.
5. Emotional Reaction: Consumers respond emotionally to their buying behaviour.
6. A strong desire to fulfil a need: A strong desire to fulfil a need drives consumers to buy.
7. Social Image: Social image is an essential factor that influences consumer decision-making. Customers buy items that they believe will help them establish a favourable social image.
8. The impact of marketing and advertising: Marketing and advertising have a significant impact on consumer behaviour.
By generating brand awareness and encouraging customers to buy, these efforts influence customer buying habits.
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One friend asks you to go to
the movies and the other
asks you to go to the park.
What is the opportunity cost
if you choose to go to the
park? Explain why
The barber of Town shaves all men living in the town. No man living in the town is allowed to shave himself. The barber lives in that town. Who then shaves the barber of the town?
Answer:
or another man cus u said no man can do it himself so that must mean every other man is a barber right???
Explanation:
When the Mexican peso gets "stronger" relative to the dollar,
When the Mexican peso gets "stronger" relative to the dollar, it means that the exchange rate between the two currencies has decreased, and now fewer pesos are required to buy one dollar.
This can be beneficial for Mexico's imports as they will become cheaper, but it can also make Mexico's exports more expensive for other countries, potentially reducing demand. It can also have an impact on foreign investment in Mexico, as a stronger peso can make investments less attractive due to lower returns when exchanged back into the investor's home currency.
Overall, changes in exchange rates can have significant impacts on a country's economy and international trade, and governments and central banks often take actions to influence exchange rates in their favor.
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why does brainly need to ad lock answers they get enough money through all the banners when you go watch an ad to get an answer it brings up brainly+ it's basically telling you "hey look I'm greedy pay us money if you want these answers" knowledge is asposto to be free not a pay to win. please leave your thoughts here
Answer:
all they want to get is money and attention.
Explanation:
All buisnesses do that stuff
Type the correct answer in the box. Spell all words correctly.
Which quality helps a leader cooperate with team members?
_____ is a quality that helps a leader cooperate with the team on important matters to achieve company goals.
Answer:
agreeableness
Explanation:
I got the right answer on edmentum
Which of the following is NOT a tool economists use?
a. Scientific Method
b. Production Possibilities Frontier
C. Economic Models
d. Economic Method Chart
Answer:
Explanation:
the scientific method of course
When a government fines and/or imprisons persons convicted of using illegal drugs, the government is attempting to decrease the illegal drug trade by shifting the ________ curve for illegal drugs ________.
When a government fines and/or imprisons persons convicted of using illegal drugs, the government is attempting to decrease the illegal drug trade by shifting the supply curve for illegal drugs leftward.
For a party's infractions of rules or regulations, the government may fine them in a non-criminal manner. Typically, civil penalties are limited to financial compensation for damages, such as civil fines or other payments. Government agencies or private parties acting on their behalf may file a civil penalty action or can imprison them. Traffic citations, such as parking tickets and speeding tickets, make up a sizable portion of low-level penalties and costs. A government fine is a sanction that, once a crime has been committed, forces the guilty party to pay a predetermined amount of money to the public coffers. If the dates for payment are not followed, the fine may be raised or may imprison one.
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the pet store experienced the following events for the year 1 accounting period: acquired $50,000 cash from the issue of common stock. purchased $71,000 of inventory on account. received goods purchased in event 2 fob shipping point; freight cost of $1,280 paid in cash. sold inventory on account that cost $32,500 for $60,000. freight cost on the goods sold in event 4 was $1,140. the goods were shipped fob destination. cash was paid for the freight cost. customer in event 4 returned $5,700 worth of goods that had a cost of $2,900. collected $49,200 cash from accounts receivable. paid $53,700 cash on accounts payable. paid $3,470 cash for advertising expense. paid $3,840 cash for insurance expense. required which of these events affect period (selling and administrative) costs? which result in product costs? record the above events in a horizontal statement model. in the cash flow column, use oa to designate operating activity, ia for investment activity, fa for financing activity, or nc for net change in cash. if the element is not affected by the event, leave the cell blank. the first event is recorded as an example.
Freight cost on the good sold in event for was $1140. The goods were shipped FOB destination. Cash was paid for the freight cost.
Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
Cvp analysis looks at how _ is affected by sales price per unit, variable costs per unit, volume, and fixed costs.
The main thing which the cvp analysis uses to check the sales price per unit and variable costs per unit are affected is the:
Changes in costWhat is CVP Analysis?This refers to the cost-volume-profit analysis which is taken to find out how the changes in cost and volume can have a direct impact on the operating costs.
With this in mind, we can see that the changes in cost is the main factor which is used by the companies for cvp analysis to make sure that their operating costs do not arbitrarily change.
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Answer:
income or profit
Explanation:
the sales manager at ryan company feels confident that if the credit policy at ryan's was changed, sales would increase and
The Ryan Company can increase its sales by revising its credit policies to attract more customers and generate more revenue.
If the credit policy at Ryan's was changed, sales would increase and generate more revenue.
Credit policy is the terms and conditions under which a borrower can access credit. It includes things like credit rating, credit score, collateral, and payment terms.
Changing the credit policy can significantly impact a business's sales and overall profitability. A business may opt to loosen credit policies to attract more customers and increase sales.
On the other hand, a tighter credit policy may reduce the number of customers but increase the quality of customers and the business's long-term profitability.
In conclusion, the Ryan Company can increase its sales by revising its credit policies to attract more customers and generate more revenue.
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a high degree of operating leverage means multiple choice there are high labor costs. there is high debt. there is a large amount of equity. there are high fixed costs.
Operating leverage is the relationship between fixed costs and variable costs, such as labor costs, in a company's operations.
When a company has a high degree of operating leverage, it has a larger proportion of fixed costs in comparison to variable costs. Operating leverage refers to the relationship between a company's fixed costs and its variable costs. When a company has a high degree of operating leverage, it means that a large portion of its costs are fixed costs, which do not change with the level of production or sales. This means that the company's profitability is highly sensitive to changes in sales volume. In other words, a company with high fixed costs has a high degree of operating leverage.
This is because the company must generate a certain level of sales in order to cover its fixed costs and achieve profitability. As a result, even small changes in sales volume can have a significant impact on the company's profitability.
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