Mr. lee, who subscribes to theory z, tells his managers to consider the happiness and well-being of workers because they will be with the company for a long-time. They should also?

Answers

Answer 1

Mr. Lee, who subscribes to Theory Z, encourages his managers to consider the happiness and well-being of workers because they will be with the company for a long time. In addition to this, they should also focus on a few other important factors to create a conducive work environment.

1. Provide opportunities for growth and development: Managers should offer training programs, workshops, and mentorship opportunities to help employees enhance their skills and knowledge. This can contribute to their personal and professional growth, making them more engaged and satisfied in their roles.

2. Foster a sense of belonging and teamwork: Creating a positive work culture where employees feel valued and included is crucial. Managers can organize team-building activities, promote open communication, and encourage collaboration among team members. This sense of belonging can boost employee morale and overall job satisfaction.

3. Recognize and reward achievements: Acknowledging employees' hard work and achievements is essential for their motivation and job satisfaction. Managers should regularly recognize and reward exceptional performance, whether through verbal appreciation, bonuses, or other forms of recognition.

4. Ensure work-life balance: Supporting work-life balance is important for the well-being of employees. Managers should encourage reasonable working hours, flexible schedules, and time off for personal commitments. This helps reduce burnout and promotes a healthy work-life balance.

5. Provide a safe and supportive work environment: Managers should prioritize employee safety and well-being by implementing proper safety protocols and addressing any concerns promptly. Additionally, they should be approachable and provide support when employees face challenges or conflicts in the workplace.

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Related Questions

Jackson is working late at night on a project that is due the next day. he is not sure how to print his word document, and it is too late to call or text his teacher. what what is the best option for Jackson?

Decided not to print the document
Provide negative feedback to office online
Type a question in the "tell me what to do" box
View accessibility options ​

Answers

Answer:

Type a question in the “Tell me what you want to do” box.

Explanation:

Did the test myself and got it right.

Answer:

click the tell me what to do box

Explanation:

After a sales call, debbie heads back to the office to enter information into the _____ system.

Answers

After a sales call, Debbie heads back to the office to enter information into the CRM system.

A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients.

The objective is straightforward: strengthen business ties to expand your company. CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.

A CRM system, a technology that aids in contact management, sales management, agent productivity, and other tasks, is what most people mean when they mention CRM.

Today, customer relationship management (CRM) systems can be used to manage customer connections throughout the customer lifecycle, including interactions in marketing, sales, digital commerce, and customer service.

Hence, the correct answer is CRM system.

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Med Corp has sales of $550,000, cost of goods sold of $125,000, depreciation expense of $10,000, and an interest expense of $20,000, What is the net income for the firm? The tax schedule is below: Tax Rate Taxable Income $ 0-50,000 15% $ 50,001-75,000 25% 34% $75,001-100,000 $100,001-335,000 39%

Answers

Med Corp has sales of $550,000, cost of goods sold of $125,000, depreciation expense of $10,000, and an interest expense of $20,000,The net income for the firm is $283,100.

To calculate the net income, we start with the sales revenue of $550,000 and subtract the cost of goods sold of $125,000 to get the gross profit. Next, we subtract the depreciation expense of $10,000 and the interest expense of $20,000 to get the operating profit. The operating profit is then subject to taxes based on the tax schedule provided. Since the taxable income falls within the range of $100,001-335,000, the applicable tax rate is 39%. Applying this tax rate to the operating profit, we can calculate the tax amount. Finally, we subtract the tax amount from the operating profit to obtain the net income for the firm, which is $283,100.

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Select the correct answer.
Which of these is an informal group?

A. command group
B. self-managed work group
C. task group
D. virtual group
E. interest group

Answers

Answer:

B

Explanation:

hope this helps

To increase profits while selling jerseys, a store owner can…
A. Raise the prices
B. Reduce the prices
C. Offer layaway
D. Keep prices the same

Answers

If the existing prices are too expensive to prevent buyers from purchasing the jerseys, a store owner might lower the pricing to boost profits while selling jerseys.

How can it be explained in detail?

By lowering pricing, a business may draw in more clients, increasing sales and, perhaps, profits. However, price cuts should be carefully examined since they may affect the store's profit margin and how customers see the product's quality. Other tactics the store owner can take into consideration to boost profits while selling jerseys include bargaining with suppliers for better prices, purchasing in bulk, providing value-added services like customization or express delivery, and enhancing the store's marketing and sales strategy to draw in and keep customers.

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Explain how credit card companies make money on their cards. what is a credit card issuer?

Answers

A credit card issuer is an unsecured creditor and makes money by imposing charges and fees for transactions one performs to transact via a credit card.

What is a credit card issuer?

Credit card issuer is the one who offers such credit facility to the consumer over the credibility of the holder in the market. He is an unsecured creditor, as no collateral is recoverable in case of default by cardholder.

A few ways in which card issuer make money on their cards are as follows:

Charging interest for late payments of credit amountCharging a fee to merchants for accepting payments via cardsPayment gateway feesCharges on withdrawal of cash

Hence, the ways in which a credit card issuer or a credit card company earns money is in the ways as aforementioned above.

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Answer:I took the test and got a 100

Explanation:

Credit card companies make money on their cards by charging banks a fee to issue their cards. They also charge merchants to accept their credit cards when customers use them to pay for products and services. Credit card issuers are financial institutions that establish credit accounts for their customers and provide them with a pre-approved credit limit.

trust me it's right

Which of the following is not included in proven approaches to winning a sustainable competitive advantage? a Developing a low-cost-based advantage b Creating a broad differentiation-based advantage c Focusing on a narrow market niche within an industry d Developing a best-cost provider strategy e Crafting a broad-cost provider strategy

Answers

Developing a best-cost provider strategy, is not included in proven approaches to winning a sustainable competitive advantage. (D)

This is because a best-cost provider strategy aims to offer products or services at a lower cost than competitors while maintaining comparable quality, which can be difficult to sustain in the long run and may not necessarily lead to a unique competitive advantage.

The other options, including developing a low-cost-based advantage, creating a broad differentiation-based advantage, focusing on a narrow market niche within an industry, and crafting a broad-cost provider strategy, have all been proven to be effective approaches in gaining a sustainable competitive advantage.

Developing a low-cost-based advantage involves offering products or services at a lower cost than competitors, which can appeal to price-sensitive customers.

Creating a broad differentiation-based advantage involves offering unique features or benefits that set a company apart from its competitors.

Focusing on a narrow market niche within an industry involves targeting a specific group of customers with specialized needs. Crafting a broad-cost provider strategy involves offering a mix of low-cost and unique features or benefits to appeal to a broad range of customers.

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What people need to make a phones?

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Answer:

Some electronic gadgets wires and all other stuff

Briefly describe a sensible equipment maintenance checklist appropriate for a travel booking agency with about four computers that are used to go online and make flight and hotel reservations and use dedicated calendar, appointment, and customer database software. Include in your description at least three discrete programs, systems, procedures, or operations that would go on this checklist. For at least one of the items on the list, describe in detail how you would actually use that procedure in practice, including how often the procedure should be performed

Answers

Answer:

Checklists are clear

Explanation:

checklist:-

Checklist is the simplest method for systematizing scoping of the likely effects of a proposed policy. They help point out areas that require a more detailed assessment. This way, checklists can help to organize the assessment and identify the most important issues.

Steps to create

Step 1: Do a “brain dump”

Step 2: Organize and prioritize tasks.

Step 3: Put them on your to-do list.

Step 4: Check off each item as you complete it.

Step 5: Continue adding items as they come up.

Olivia started her banking account with $100 and is increasing the account $20 per month. which function is correct?

Answers

If Olivia started her banking account with $100 and is increasing the account $20 per month then the function which shows the amount in bank account is f(x)=20x+100.

Given that bank account is started with $100 and is increasing the account $20 per month.

We are required to find the function which shows the amount in bank account of Olivia.

Function is like a relationship between two or more variables expressed in equal to form. The values that we enter in the function are known as part of domain and the values that we get from the function are known as part of codomain or range of function.

let the number of months be x.

Amount in bank account=

=Initial amount+ x*(amount deposited per month)

=100+20x

f(x)=20x+100.

Hence if Olivia started her banking account with $100 and is increasing the account $20 per month then the function which shows the amount in bank account is f(x)=20x+100.

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Which person's unemployment is an example of frictional unemployment?
А
a rocont collogo graduato who is sooking to enter the workforce for the first timo
B
a factory worker who was laid off during a recession in order to cut operating costs
a retail salesperson who is looking for work after a period of seasonal employment at a departmen
D
an inexperienced computer programmer who lacks the human capital sought after by employers in

Answers

I think the Answer is b

any five differences between partnership
and Joint Stock company​

Answers

Partnership firms has no separate legal existence. Partnership Firm and partners are the same. Joint Stock company has separate legal existence. It is an artificial person created by law.

here's your answer..

any five differences between partnershipand Joint Stock company

You have opened a for-profit adult technical school and you want to advertise it to potential students throughout your state.

Which marketing method would be most appropriate?

Question 2 options:

Local Television Ad


Social Media


Email


Distribute Flyers

Answers

Answer: Local Television Ad

Explanation: I took the test

The correct option is B. Local Television Ad marketing method would be most appropriate for advertising it to potential students throughout your state.

Why is television the most effective media?

Thanks to several mechanisms ensuring the quality of the commercials shown on TV, as opposed to those shown on the Internet or apps, which are not always reviewed, the contents, the messages, and the sponsors that appear there are "safe." TV is the safest media since it reaches a large and varied audience.

As a result of the TV. It continues to be the most successful medium for brand recognition. TV advertising helps establish, develop, and expand brands. Unlike a sponsored post or search result, TV advertising helps firms become well-known and keeps them fresh in your mind for a much longer period of time.

Thus, The best choice is B. The best marketing strategy would be to use local television ads to reach prospective students all around your state.

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A small open economy with perfect capital mobility is characterized by all of the following except that: A) its domestic interest rate always exceeds the world interest rate. B) it engages in international trade. C) its net capital outflows always equal the trade balance. D) its government does not impede international borrowing or lending,

Answers

A small open economy with perfect capital mobility is characterized by all of the following except that (A) its domestic interest rate always exceeds the world interest rate.

A country's open economy is a system that combines domestic and foreign trade by allowing the unrestricted flow of goods and services, as well as capital and labor, across borders. International trade, such as imports and exports, is important in an open economy, and it often contributes to the country's economic growth. A small open economy is characterized by all of the following except that its domestic interest rate always exceeds the world interest rate. A small open economy is defined as a country that is open to trade and has a high degree of capital mobility. Open economies can trade with other countries, and there are no trade barriers, such as tariffs or quotas, between them.

The perfect capital mobility definition: Capital mobility refers to the ease with which capital can be exchanged between two countries. When a country has unrestricted access to capital, it is said to have perfect capital mobility.

A small open economy with perfect capital mobility implies that the country is free to borrow or lend internationally without any constraints. The country's interest rate would be equivalent to the world interest rate in a perfect capital mobility setting. The interest rate in a small open economy with perfect capital mobility would not exceed the world interest rate.

Therefore, a small open economy with perfect capital mobility is characterized by all of the following except that its domestic interest rate always exceeds the world interest rate (option D).

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who does the term public refer to when used in accountancy

Answers

Can be random answer or every body answer or an other opinion

A Mercedes-Benz priced the same as a Ford Focus might not sell as well because of:

a. history of performance of similar Mercedes products

b. overall company reputation

c. psychological factors

A Mercedes-Benz priced the same as a Ford Focus might not sell as well because of:a. history of performance

Answers

C, psychological factors

Complete the sentence with all of the accurate statements regarding the relationship between conscientiousness and job performance.Conscientiousness is consistently and positively related to ______.
a. creativity
b. resilience
c. cooperation
d. supervisor-rated liking
e. leadership behavior
f. task performance

Answers

The best option to complete the sentence "Conscientiousness is consistently and positively related to" is task performance.

Creativity: The ability to use imagination to produce a new idea or product that is useful to society.

Resilience: The ability to recover quickly from failure, depression, illness or misfortune.

Cooperation: The act of working together, especially for a common purpose of benefit.

Supervisor-rated liking: Being liked by the person who monitors someone to make sure workers comply with rules or other requirements set for them.

Leadership behavior: The quality of having the capacity to lead or direct others

Task performance: This refers to how work is being done by a person.

Therefore, the best option to complete the sentence "Conscientiousness is consistently and positively related to" is task performance.

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A portfolio manager has maintained an actively managed portfolio with a beta of 0.2. During the last year the risk-free rate was 5% and equities performed very badly providing a return of −30%. The portfolio manage produced a return of −10% and claims that in the circumstances it was good.

Answers

Answer: See explanation

Explanation:

The formula to use here will be:

required rate = risk free rate + beta × (market return - risk free rate).

where,

risk free rate = 5%

beta =0.20.

market return = -30%.

Therefore,

required return = 5% + 0.20 × (-30% + -5%)

= 5% + 0.2(-35%)

= 5% - 7%

= -2%

Therefore, the return on portfolio should have been -2% but the portfolio manager produced a return of −10%

Since -10% is lower than -2%, we can deduce that the claim of the manager is wrong.

according to hoschild on the job the acceptance of a division between the real self and the self in a company uniform is often a way to avoid

Answers

According to Hochschild, the acceptance of a division between the real self and the self in a company uniform is often a way to avoid emotional labor.

Arlie Russell Hochschild, a sociologist and author, has conducted extensive research on the emotions and experiences of workers in various professions.

In her book "The Managed Heart: Commercialization of Human Feeling," she argues that the acceptance of a division between the real self and the self in a company uniform is often a way to avoid emotional labor.

Emotional labor refers to the effort and work that goes into managing one's emotions and feelings in order to conform to the expectations of a particular job or role.

This can be especially challenging in service-oriented industries where workers are expected to display certain emotions, such as kindness, empathy, or enthusiasm, regardless of their actual feelings.

According to Hochschild, workers often cope with the emotional demands of their jobs by creating a division between their real selves and their work selves. This allows them to distance themselves emotionally from their work and perform the necessary emotional labor without becoming too emotionally invested.

While this division can be a coping mechanism for workers, it can also lead to a sense of disconnection and detachment from their work and their true selves. In some cases, it can even lead to burnout and emotional exhaustion.

Overall, Hochschild's research highlights the emotional toll of certain professions and the importance of recognizing and addressing the emotional labor required in these roles.

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Suppose a company has proposed a new 5 -year project. The project has an initial outlay of $25,000 and has expected cash flows of $4,000 in year 1 . $4,000 in year 2,55,000 in year 3,57,000 in year-4, and $7,000 in year 5 . The required rate of return is 13% for projects at this company. What is the Payback for this proiect? tanswer to the nearest tenth of a year, e.g. 3.2)

Answers

A company has proposed a new 5-year project. The project has an initial outlay of $25,000 and has expected cash flows of $4,000 in year 1 then, the Payback for this project is 3.3 years.

Cumulative Cash Flow = Cash Flow for Year + Cumulative Cash Flow from Previous Year

Year 1: $4,000 ,Year 2: $4,000 + $4,000 = $8,000,Year 3: $55,000 + $8,000 = $63,000,Year 4: $57,000 + $63,000 = $120,000 and Year 5: $7,000 + $120,000 = $127,000

Payback Year = Number of years before cumulative cash flows exceed the initial outlay

Payback Year = 3 + ($25,000 - $63,000) / $57,000

Payback Year = 3 + (-$38,000) / $57,000

Payback Year ≈ 3.33 years

Thus, the payback period for this project is approximately 3.3 years

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How do the amount of time you have to save and the interest you

Can earning relate to achieving financial goals?

Answers

The amount of time you have to save and the interest you can earn are both crucial factors in achieving your financial goals.

A longer savings period allows you to accumulate more funds and take advantage of compound interest, which is the process of earning interest on both the principal and previously earned interest. This can significantly increase your total savings over time. The interest rate you can earn also plays a vital role in reaching your financial goals.

Higher interest rates allow your savings to grow more quickly, as you earn a larger amount on your deposits. By choosing savings or investment options with competitive interest rates, you can optimize your savings growth and achieve your financial goals more efficiently. Both the duration of your savings plan and the interest rate you can earn are essential elements in accomplishing your financial objectives.

Thus, balancing these factors and regularly monitoring your progress can help you stay on track and reach your desired financial milestones.

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Multiple Choice
Which of the following illustrates why corn was such a precious commodity to Native Americans?
The kernels were easy to transport.
It was easy to plant and grew quickly.
o One kernel could produce one to two ears.
It could be grown in any type of soil.

Answers

It could be grown in any type of soil

[Quality of Services Marketing]
1. Which of the following is an example of a B2B internet service? [Answer: Tech Support]
2. Many companies have sophisticated tracking software [Answer: Critical incident technique]
3. Which of the following is not a characteristic of a service? [Answer: Reliability]
4. What is the encounter between service-consumer that occurs during delivery of the service is known as? [Answer: Experince qualities]
5. Your local credit union offers a variety of services to its members [Answer: Fresh-baked cookies and gourmet cookies]
6. The measure of the difference between a customer's expectation [Answer: Gap analysis]
7. Shepherd University is launching new services to attract more students [Answer: Bachelor's degrees]
8. A large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy. [Answer: Offering free coffee tastings]
9. John always takes his car to the same place for an oil change. [Answer: Augmented]
10. Which of the following is not a service of quality attribute? [Answer: Response qualities]
- You can thank me by thanking my previous answers, would be very appreciated -

Answers

All of your answers are correct.

The questions given and their appropriate responses can be seen below:

1. Tech Support is an example of a B2B internet service.

2. Many companies have sophisticated tracking software - Critical incident technique.

3. Reliability is not a characteristic of a service.

4.  Experience qualities is the encounter between service-consumer that occurs during delivery of the service

5. Your local credit union offers a variety of services to its members such as Fresh-baked cookies and gourmet cookies.

6. Gap analysis is the measure of the difference between a customer's expectation.

7. Shepherd University is launching new services such as Bachelor's degrees to attract more students.

8. Offering free coffee tastings is a large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy.

9. John always takes his car to the same place for an oil change - Augmented

10. Response qualities is not a service of quality attribute.

What is Service marketing?

This is defined as  the marketing that businesses that provide a service to their customers use to increase brand awareness and sales.

The answers to the questions given  can be seen appropriately given above.

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the term structure of interest rates shows the relationship between: group of answer choices corporate bonds and the federal funds rate. u.s. treasury bills with different maturities. high and low quality corporate bonds. u.s. treasury rates and municipal bond yields. mortgage rates and libor.

Answers

The term structure of interest rates shows the relationship between U.S. Treasury bills with different maturities.

The term structure of interest rates, also known as the yield curve, shows the relationship between the interest rates of fixed-income securities, such as U.S. Treasury bills, with different maturities. It plots the yields of bonds with similar credit quality but different maturities against each other.

A yield curve can take different shapes depending on the prevailing economic conditions. In a normal or upward-sloping yield curve, long-term interest rates are higher than short-term interest rates. In a flat yield curve, the interest rates of bonds with different maturities are similar, while in an inverted yield curve, short-term interest rates are higher than long-term interest rates.

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Kubin Company's relevant range of production is 20,000 to 23,000 units.

When it produces and sells 21,500 units, its average costs per unit are as follows:

Amount per Unit

Direct materials $ 8. 00

Direct labor $ 5. 00

Variable manufacturing overhead $ 2. 50

Fixed manufacturing overhead $ 4. 00

Fixed selling expense $ 4. 50

Fixed administrative expense $ 3. 50

Sales commissions $ 2. 00

Variable administrative expense $ 1. 50

Required:

1. If 20,000 units are produced and sold, what is the variable cost per unit produced and sold?

2. If 23,000 units are produced and sold, what is the variable cost per unit produced and sold?

3. If 20,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?

4. If 23,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?

5. If 20,000 units are produced, what is the average fixed manufacturing cost per unit produced?

6. If 23,000 units are produced, what is the average fixed manufacturing cost per unit produced?

7. If 20,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?

8. If 23,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?

(Round per unit values to 2 decimal places)

Answers

The fixed manufacturing overhead incurred to support 20,000 units of production can be calculated using the high-low method. so the answer is $23,400.

This method considers the total manufacturing overhead costs incurred during the highest and lowest levels of production within the relevant range.Using this method, we can find the variable manufacturing overhead cost per unit, and the total fixed manufacturing overhead costs. Then we can use the variable overhead cost per unit to determine the fixed overhead cost per unit. Here are the steps to calculate the fixed manufacturing overhead incurred to support 20,000 units of production:Step 1: Find the variable manufacturing overhead cost per unit.

Variable manufacturing overhead cost per unit = (Total manufacturing overhead costs during high activity level – Total manufacturing overhead costs during low activity level) ÷ (High activity level – Low activity level)Variable manufacturing overhead cost

per unit = (($76,000 - $66,000) / (23,000 - 20,000))

Variable manufacturing overhead cost per unit = $3Step 2: Calculate the total fixed manufacturing overhead costs using the high-low method:

Total manufacturing overhead costs = Fixed manufacturing overhead costs + (Variable manufacturing overhead cost per unit x Number of units produced)Using the high activity level of 23,000 units and total manufacturing overhead cost of $76,000: $76,000 = Fixed manufacturing overhead costs + ($3 x 23,000)Fixed manufacturing overhead costs = $27,000Step 3: Find the fixed manufacturing overhead cost per unit.Fixed manufacturing overhead cost per unit = Total fixed manufacturing overhead costs ÷ Number of units producedFixed manufacturing overhead cost per unit = $27,000 ÷ 23,000Fixed manufacturing overhead cost per unit = $1.17Therefore, if 20,000 units are produced, the total amount of fixed manufacturing overhead incurred to support this level of production is:

Fixed manufacturing overhead cost per unit x Number of units produced = $1.17 x 20,000 = $23,400. Therefore, the answer is $23,400.

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Which qualitative forecasting technique is based upon the idea that a group of people with various backgrounds can develop a more reliable forecast than a narrower group?

Answers

The qualitative forecasting technique that is based upon the idea that a group of people with various backgrounds can develop a more reliable forecast than a narrower group is panel consensus.

What is forecasting?

It should be noted that qualitative forecasting is used to make predictions about the finances of a company which uses judgement from the experts.

Therefore, based on the information, it should be noted that the qualitative forecasting technique that is based upon the idea that a group of people with various backgrounds can develop a more reliable forecast than a narrower group is panel consensus.

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Which of the following is true if a credit card company does not charge any interest?

A: The APR is 1%
B: The APR is 10%
C: The APR is 100%
D: The APR is 0%

Answers

Answer:

Explanation:

Here, the answer will be option D. The APR is 0%

A 0% APR means that you pay no interest on any transactions during a certain period of time.

APR represents the annual rate charged for earning or borrowing money. It stands for annual percentage rate and refers to interest on a credit account.

Credit card APR generally refers to the interest applied to your account during a given billing cycle. This is how APR is calculated for credit cards:

[daily rate] x [average daily balance] x [days in billing cycle] = credit card interest

Daily rate: You can find this by dividing your credit card’s purchase annual percentage rate by 365 (the number of days in a year). For example, if your APR is 18 percent, your daily rate is .00049 percent.

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If a credit card company does not charge any interest than the APR is 0%. APR represents the total yearly cost of a loan to the borrower, including all fees.

The APR is stated as a percentage, just like an interest rate. It does, however, contain other costs or fees such mortgage insurance, the majority of closing costs, discount points, and loan origination fees, unlike an interest rate. The best credit card APR is one that is around 10%, but you might need to visit your neighborhood bank or  credit card union to discover one. An APR that is lower than the average would also be regarded favorably by the Federal Reserve, which monitors credit card interest rates.

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Which of the following best describes systematic inequality? A. deep-seated disparity in the distribution of wealth the gap between advanced and developing countries in terms of access to modern technology B. the social process of making unimportant or powerless certain groups within society C. the extraction of profits from the resources and labor of others in an unjust way

Answers

Answer: A. deep-seated disparity in the distribution of wealth

Explanation:

Systematic inequality arises when there is a deep-seated difference in how wealth is distributed in an economy system. When looking at it from a global point of view, it is shown with the disparity in income between the first and third world countries.

Systematic inequality on a global scale can largely be attributed to colonialism as most first world nations colonized the rest of the world and took a lot of their resources when doing so. Even today, they engage in neo-colonialist practices that continue to increase the wealth disparity.

In 2017, approximately 250 million people in the United States were above the age of 18. Assuming that each individual purchased $906 worth of gifts, what was the total deadweight loss associated with gift-giving in the United States?

Round your answer to the nearest billion dollars.

Answers

$22,560,000 is the total deadweight loss associated with gift-giving in the country.

The deadweight loss refers cost that occurs when supply and demand are out of equilibrium and thus, creates market inefficiency.

Total amount of gift purchased = Total people * Each individual gift worth

Total amount of gift purchased = $250,000,000 * 906

Total amount of gift purchased = $226,500,000,000

Average recipient's valuation = 90 * $906 / 100

Average recipient's valuation = $81,540/ 100

Average recipient's valuation = $815.4

Total average recipient's valuation = Total people * Average recipient's valuation

Total average recipient's valuation = 250,000,000 * $815.4

Total average recipient's valuation = $203,850,000,000

Deadweight loss = Total amount of gift purchased - Total average recipient's valuation

Deadweight loss = $226,500,000,000 - $203,850,000,000

Deadweight loss = $22,650,000,000

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How can a company have a profit (net income) but not have Cash?

Answers

Answer:

see below

Explanation:

Profit is when there a positive difference between the revenue a company generates and its expenses. Cash flows refer to the movement of money in and out of business. Positive cash flow is when the business has a stream of cash inflows enabling it to pay its bills on time.

When a business uses the accrual system, it records revenue when it makes a sale regardless of whether a payment has been made. If there is a delay in collecting payments from customers, the business will show more revenues but little cash inflow. The income statement will indicate profits, but the cash flow statement will be negative. Therefore, when a business is slow in collecting receivables, it will be reporting profits and negative cash flows.

 

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