To determine JRM's profit-maximizing price for Econbrilliance, we would need information such as the demand and cost structure of the market.
However, in a monopolistic market, the profit-maximizing price and quantity are typically determined by finding the point where marginal revenue (MR) equals marginal cost (MC). This is because a monopolist maximizes profit by producing the quantity where marginal revenue is equal to marginal cost.
To determine the exact profit-maximizing price for Econbrilliance, we would need more information regarding the demand curve, marginal cost, and marginal revenue associated with the product.
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Will cash bonuses speed the return to work of unemployed people? A state department of employment security notes that last year 68% of people who filed claims for unemployment insurance found a new job within 15 weeks. As an experiment, the state offers $500 to people filing unemployment claims if they find a job within 15 weeks. The percent who do so increases to 77%.
Answer:
Apparently handing out a cash incentive for getting a job when you are unemployed really works. A 9% increase in the number of unemployed people getting a new job is significant.
But this hypothesis has a flaw. Is there any way that you can tell if people quit on purpose just to be able to file for unemployment and get the cash bonus? Unemployment benefits vary a lot depending on the state, but the national average is $378 per week. If you multiply that by 4¹/₂ weeks per month = $1,701 (roughly). It is not a fortune, but its not that bad either.
If we add the extra $500 cash bonus to the total unemployment benefits, in 15 weeks a person could earn $500 + (15 x $378) = $6,170 for not working.
It doesn't make sense for someone earning a high salary to quit just to get unemployment benefits, but being unemployed pays you $6,170 / (15 x 40 hours) = $10.28 per hour and that is more than the minimum wage.
2x + 51 = 34. right???
if an economy has not achieved efficiency, there must exist ways to:
If an economy has not achieved efficiency, there are several ways to improve its performance. One approach is to reduce waste and inefficiency by identifying areas of unnecessary expenditure and finding ways to streamline processes.
Another way is to increase productivity by investing in technology, infrastructure, and human capital. Additionally, promoting competition and innovation can stimulate growth and efficiency in the economy. Moreover, reducing barriers to trade and investment can increase efficiency by allowing for specialization and economies of scale.
Finally, ensuring stable and transparent regulations and policies can provide businesses with certainty and help them make informed decisions that promote efficiency and growth.
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arm and hammer baking soda which was originally developed as a cooking ingredient, is now being sold as an effective refrigerator deodorizer. this is an example of __________ innovation.
1. positioning
2. process
3. distributed
4. associative
Answer:
The first one is the answer. Positioning.
HELP! D:<
Which are advantages of a partnership? (Check all that apply)
O sharing of profits with hundreds of stockholders
O more flexibility with time than a sole proprietorship
O potential conflict with partners
O shared liability
Answer:
O sharing of profits with hundreds of stockholders
O more flexibility with time than a sole proprietorship
O shared liability
Explanation:
In a business association, you can divide the benefits any way you need, under one condition—all colleagues should be in arrangement about benefit sharing. You can decide to divide the benefits similarly, or each accomplice can get an alternate base compensation and afterward the accomplices will divide any leftover benefits.
In a sole proprietorship, you do not have a lot of business uncertainity. You can also divide your shares and let other people have some of them. Unlike the diadvantages of not having a partnership, the liability is divide among all the shareholders.
10) when the price of a good rises, consumers buy a smaller quantity because of the ________ effect and the ________ effect
When the price of goods rises, consumers buy a smaller quantity because of the substitution effect and the income effect.
In consumer choice theory, the income effect and substitution effect are related economic concepts.
The substitution effect illustrates how a change in relative pricing can alter the pattern of consumption of related commodities that can substitute for one another, whereas the income effect expresses the influence of changes in purchasing power on consumption.
The income effect is an expression of how changes in relative market prices and incomes impact consumption patterns for consumer goods and services.
Consumer choice theory links preferences to consumption expenditures and consumer demand curves. When real consumer income increases, consumers will desire more of the typical economic items to buy.
For instance, as a product's price increases, it gets more expensive when compared to other products on the market. As a result, consumers start using its alternatives instead of the good.
Hence, the correct answer is substitution effect and income effect.
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Contrast the difference between a financial emergency and nonemergency.
The difference between a financial emergency and nonemergency is:
What is a Financial Emergency?This refers to the unplanned expenses which requires to the use of money or finances which are not included in a budget.
With this in mind, we can see that a financial emergency is markedly different from a non emergency because this means that there is no hurry to do something.
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It is important for a government to have a currency that is easily exchanged in world markets because it:
A country's currency should be easily exchangeable because d. lets you buy and sell goods and services anywhere in the world.
Importance of international trade Allows a country and its people to get richer. Allows consumers to have access to more goods and services.Those goods and services need to be able to be purchased regardless of the country one is in. This is why currency needs to be easily exchangeable so as to facilitate this trade.
In conclusion, option D is correct.
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You have decided to use the questioning technique as part of your method study. Explain to your management what the primary questioning technique is, how the sequence works and what you expect to achieve. 9 marks
The primary questioning technique I have chosen to use in our method study management is the "Five Whys" technique. This technique involves asking a series of "why" questions to get to the root cause of a problem or issue.
1) Ask the first "why": This question aims to understand the immediate cause of the problem. For example, if the problem is a machine breakdown, we would ask, "Why did the machine break down?"
2) Ask the second "why": With the answer to the first question, we delve deeper into the underlying cause of the problem. Continuing the previous example, we would ask, "Why did the machine experience that particular issue?"
3) Ask the third "why": This question explores the underlying cause behind the second answer. It helps to identify the factors that contributed to the issue. For instance, we would ask, "Why did those particular factors lead to the machine problem?"
4) Ask the fourth "why": Here, we dig even deeper into the systemic or organizational causes that contributed to the previous answers. The aim is to identify any broader issues that may be at play. For example, we would ask, "Why were those factors present in our organization or system?"
5) Ask the fifth "why": Finally, we aim to uncover the fundamental cause or root cause of the problem. This question helps us understand the ultimate reason behind the issue. Continuing the example, we would ask, "Why did the organizational or systemic factors exist in the first place?"
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what are different types of schools one can consider, when looking into schools that may have programs that match their interests?
Answer:
trade school, community college, university
Explanation:
Answer:1. Colleges and Universities
2. Community Colleges
3. Carrier schools
4. International schools
Explanation: hope this helps :D
Explain one reason why a business may use social media to promote
Answer:
Social media offers many benefits to business owners, as it allows them to reach out to their customers and to gain the attention of more people/potential customers
Explanation:
After a job interview, you should _____.
A. Celebrate
Write a thank you letter
call the interviewer immediately to see if you got the job
call your friend to tell them about the interview
Answer:
I think that after a job interview you should call your friend and tell them about the interview you should not celebrate because you don't know if you've gotten the job and if you call your friend they might give you hope on getting the job
When dealing with customers face-to-face, a good customer service technique is to:
Use a positive tone of voice
Maintain eye contact
Actively Listen
The correct option is B i.e., When dealing with customers face-to-face, a good customer service technique is to maintain eye contact.
What does "customer" mean to you?An individual or business that purchases goods or services from another company is known as a customer. Consumers are crucial to businesses because they generate income; without them, they would cease to exist.
What three roles do customers play?Any marketplace transaction necessitates the participation of at least three client roles: purchasing, which entails making a decision on a good or service; paying for it; and utilizing it. So, a customer can be a user or consumer as well as a buyer or payment.
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What talents are helpful for the Arts, AV Technology and Communication Cluster? PLEASE HELP!!
WILL GIVE BRAINLIEST ! ! ! ! !
You have caught a bad cold and have to take time off of work to get well. each week you normally work 8 hours a day for 5 days at $15.00 per hour. if you take a day to get well by not going to work and your pay period is every two weeks, how much less will your next paycheck be given that you miss a day?
a. $100
b. $120
c. $110
d. $130
$15.00*8= 120 less will your next paycheck be given that you miss a day.
John Woo's 2003 American science fiction action picture Paycheck is a genre favorite. Ben Affleck, Uma Thurman, Aaron Eckhart, Paul Giamatti, Michael C. Hall, Joe Morton, and Colm Feore are among the cast members of the movie. Although the movie received mixed reviews upon its December 25, 2003, release by Paramount Pictures in North America and DreamWorks Pictures abroad, it was a financial success, earning $117.2 million on a $60 million budget. Michael Jennings is a reverse engineer in the near future; he examines the technology of his clients' rivals and recreates it with improvements. To protect himself and his clients' intellectual property, Jennings has memory wipes done to erase any knowledge of his engineering.
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Why is government taught to every high school senior
Answer: history repeats itself.
Explanation: It is the government's attempt to either turn US people against each other. OR it's the government's way of trying to keep us from making past mistakes again. it depends on who you ask really. Also, to teach you how the world used to work vs. how it works now.
When a firm insures itself against foreign exchange risk, we say that it is engaging in:
When a firm insures itself against foreign exchange risk, we say that it is engaging in hedging.
Hedging involves using financial instruments such as futures contracts, options contracts, and forward contracts to offset potential losses from adverse movements in foreign currency exchange rates.
By hedging, the firm is seeking to protect itself against the risk of currency fluctuations, which could impact its profitability and financial stability in the long run.
Hedging can provide a measure of stability to businesses that operate in volatile international markets, but it comes with its own costs and risks, and it requires careful planning and execution to be effective in the long term.
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5. A number with the addition of itself becomes 38. What
is the number?
Answer:
19+19=38
...........................
As a judge, Diane applies common law rules. These rules develop from a. decisions of the courts in legal disputes b. regulations issued by administrative agencies c. statutes enacted by Congress and the state legislatures
The correct answer is a. The common law rules that Diane applies as a judge develop from decisions of the courts in legal disputes.
Common law refers to a body of law that is derived from judicial decisions rather than statutes or regulations. It is a system of law that has developed over time through the decisions made by judges in specific cases. These decisions, also known as case law or precedent, serve as binding or persuasive authority for future cases with similar facts or legal issues. Common law principles are not codified in statutes or regulations but are created and refined through the application and interpretation of existing legal principles by the courts. Therefore, when Diane applies common law rules as a judge, she relies on the precedent established by previous court decisions to guide her decision-making process in the current case before her.
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Siiri invests 10 % in real estate, 40 % in mutual funds, 25 % in government bonds, and 25 % in stocks. what do Siri’s investment demonstrate?
Answer: Asset allocation
Explanation:
Asset allocation refers to the strategy of investing in different types of assets and investment vehicles so that the risks would be balanced by the rewards to be earned so that the investor will benefit.
Asset allocation is usually based on the investor's investment goals and their risk appetite. Those who are more risk tolerant will usually invest more in stocks so Siiri here is most likely risk averse but based on the percentage that went into stocks, they might be more risk neutral.
A customer purchases materials for $1200 with payment due in 30 days.
After 20 days $200 worth of the material is returned because it is damaged what amount is entered in the debit column of the customer's ledger file?
A. $1,400
B. $1,000
C. $200
D. $1,200
Based on the explanation below, the amount that will be entered in the debit column of the customer's ledger file is D. $1,200.
Effect of credit sales and sales returns on customer's ledger fileIt should be noted the purchase by the customer is a credit sale to the seller.
In the book of the seller, the $1,200 is entered in the debit column of the customer's ledger file immediately after the customer purchases materials of $1200.
However, since the effect of sales return is to reduce the total amount of sales made to a customer, $200 will be entered in the credit column of the customer's ledger file after the return.
Therefore, $1,200 is entered in the debit column of the customer's ledger file.
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Select the correct answer.
What effect does inflation have on the prices of goods and services?
OA.
Prices decrease.
OB.
Prices double.
Ос. .
Prices increase.
OD
Prices stay the same.
Answer:
Prices increase, C
Explanation:
Inflation is when the value of a dollar, or other currency type, drops. This happens most commonly when more money is being printed. The more there is, the less it is worth. This causes prices to increase.
Hope this helps
Answer:
A
Explanation:
if inflation of SUPPLIES then price will decrease.
If inflation of MONEY then yea the price would rise.
Finding a job that matches your skills and interests, and finding a job that has a positive job outlook are both important things to consider when selecting a career. Which do you think is more important? Why?
<< Read Less
Answer: Finding a job that matches your skill and interest.
Explanation:
This is very important and it majorly one of the key things to consider when applying for jobs. Sometimes, desperation makes people take any job without thinking if they like the job or not and this is bad as it will hinder the success of such person in the firm.
A typical example of this is applying for a job that requires proficiency in microsoft office packages and you literally have no knowledge but you only applied considering the Positive outlook of the firm, they are no two ways about this, you'd perform woefully if being asked simply because you don't possess the skill.
Finding a job that matches your skills and interest tends to make the job more enjoyable as you will be more motivated to keep the job and will find great pleasure in carrying out the task given. It also aids your career development as well, according to the saying practice makes perfect, doing what you love will continually help you to grow and develop yourself in your chosen field.
purchasing and supply chain management (the mcgraw-hill/irwin series in operations and decision) 3rd edition pdf
"Purchasing and Supply Chain Management" is a textbook within the McGraw-Hill/Irwin series in operations and decision making. It serves as a comprehensive resource for understanding the principles and practices of purchasing and supply chain management.
Covering topics such as procurement, supplier selection, negotiation, logistics, inventory management, and strategic decision-making, the book offers valuable insights into effectively managing the flow of goods and services within a supply chain.
With its practical approach and real-world examples, the book equips students and professionals with the knowledge and tools necessary to optimize purchasing decisions, enhance supplier relationships, and streamline overall supply chain operations.
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This question is not complete, Here I am attaching the complete question:
Explain this article "purchasing and supply chain management (the mcgraw-hill/irwin series in operations and decision) 3rd edition pdf."
A sound savings program and adequate insurance protection form the foundation of financial security.
True or false
Answer:
True
Explanation:
Financial security is the satisfaction that one has sufficient money to meet their daily expenses, cover for emergencies, and work towards meeting their financial goals. Achieving financial security is a long-term goal for many individuals and organizations. Meeting this objective requires following certain principles.
A savings plan and insurance are some of the foundations for achieving financial security. Saving helps one attain financial goals, while insurance is essential in case of emergencies. Having a personal financial plan, with or without a personal finance manager, is another vital element in achieving financial security.
Helpp!!!
What type of Economy do we have in the United States?
A. Market
В.Mixed
C.Command
D. Traditional
Answer:
mixed
the us economy has a mixed economy
If someone asks you a question in the workplace, but you don't know what to answer, what is something you should not say
When you're stumped for an answer in workplace to a question, use this tried-and-true "fail-safe" solution.
What to say in an interview when you're unable to respond to a question?Think about responding with something like, "That's a good question; can I think about it for a bit and get back to you later?" or "Great query! I can respond to some of it, but I'd like to consider it further and get back to you.
What should you say when you don't have the answer to a question?Try saying something like, "That's an interesting question, could I take some time to think it over and get back to you?" or "I can give you a partial answer to that enormous question.
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Question:-
How do you respond when you don't know the answer at work?
Which of the following is an example of human resources planning?
A. An employee complains to his manager that he is being asked to
work too many hours.
B. An HR manager talks with department managers to determine
which workers are needed,
C. Two workers disagree with each other about the sufficiency of the
benefits the HR department offers,
D. A CEO talks with the HR manager about the value of the company
and decides that it needs to grow.
SUBMIT
Answer:
B. An HR manager talks with department managers to determine which workers are needed,
As a high school student working a part-time job, what would you set your low balance alert to and why?
Answer:
$100
Explanation:
I feel like you need to keep at least $100 in your bank account, that way it can be used for emergencies or unpredicted withdrawals.
~theLocoCoco
Answer:
150
Explanation:
I believe this gives a good steady amount to keep up with even 200 maybe
what's the difference between Utility and Marginal Unility?
Answer:
One is large the other is small
Explanation: