Price competition highlights the primary product difference as price. Prices regularly change, and merchants aggressively compete for customers' business.
What is the Price Competition?Price competition is "commercial rivalry characterized by persistently lowering prices below those of rivals." When one rival lowers its price, others follow suit and do the same. A new round of price cuts will begin if any of them lowers their prices once more.
Price competition refers to the scenario in which businesses attempt to undercut the cost of comparable goods and services offered by rival businesses: Margin reductions are the outcome of fierce price rivalry in mind as well as large-sized markets.
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One benefit of a savings account is that you can earn interest on your deposits
O True
O False
Answer:
O True
Explanation:
A savings account offers a safe and secure platform for firms and households to save money. Savings accounts are offered by financial institutions such as banks and credit unions. When customers open savings accounts, they save by depositing money in their savings accounts.
Banks and credit unions require customer deposits to create loans for other customers. They encourage customers to save by offering interest on savings or deposits. It is true that banks pay interest on customer savings.
$7,700 net monthly income - What amount would you use for needs for the month? *
Why is it virtually important to understand the fees your bank may charge on your checking account
Answer:
Explanation:
When a bank lends you money, it charges interest on the loan. When you open a deposit account, such as a checking or savings account, there are fees for that as well. It's important to know all the fees your bank charges, as well as how to reduce or eliminate as many of them as possible.
2. Which option is not studied in macroeconomics?
(A) The consequences of a higher interest rate
(B)The effects of a lower exchange rate
(C)The impacts of price changes in the market for smartphones
(D)The impacts of progressive taxation
Answer:
C)The impacts of price changes in the market for smartphones
Explanation:
Macroeconomics is concerned with the decisions, performance, and behavior of the entire economy. It studies how a country allocates and distributes limited resources to different sectors of the economy. Macroeconomics analyses key economic indicators of unemployment, inflation, incomes, and the GDP growth rate.
The Government uses data from macroeconomic to formulate national economic strategies. Price changes in the market for smartphones affect one sector but not the entire economy. Microeconomics is the branch that deals with decisions affecting single markets.
Would you rather become a firefighter or a police officer?
When a transaction is journalized, which account is listed first?.
Answer:
When transactions are entered in a general journal, the asset accounts are listed first, followed by the liability and owner's equity. When a transaction is entered in a general journal, the first account title is indented about half an inch from the left margin of the description column. You just studied
consider the following cost information for a pizzeria
The essential rule that makers utilize to figure out what blend of work and capital conveys yield at the least expense is cost minimization. Cost minimization is the primary guiding principle that producers use to determine which combination of labor and capital produces the most output at the lowest cost.
a) Because the total cost less the variable cost, the fixed cost is $300.
At a result of nothing, the main expenses are fixed expenses.
B) The change in total cost for each additional output unit is equal to marginal cost. Additionally, it is equivalent to the variation in variable cost for each additional output unit. As the quantity changes, the fixed cost does not change, so total cost equals the sum of variable cost and fixed cost. As a result, the increase in variable cost is proportional to the increase in total cost as quantity increases.
What is the formula for reducing costs?The marginal product of capital is equal to the marginal product of labor divided by the rental price of capital in the cost minimization formula.
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What were the most important factors that led to the midwest becoming known as the rust belt?
How is the COLA calculated?
The Cost of Living Adjustment (COLA) is calculated by the Social Security Administration (SSA) each year. It is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which is a measure of the cost of goods and services that people need for daily living expenses.
The SSA looks at the CPI-W for the third quarter of the previous year (July, August, and September) and compares it to the same period in the current year. If the CPI-W has increased, then the COLA will be calculated as a percentage of that increase. If there is no increase, then there will be no COLA for that year.
The formula used to calculate the COLA is based on a weighted average of the CPI-W for the third quarter of the previous year and the third quarter of the current year. The weighted average takes into account the different categories of expenses, such as housing, transportation, food, and medical care, and how they impact the overall cost of living. The COLA is then applied to Social Security benefits, Supplemental Security Income (SSI), and other programs.
It is important to note that the COLA is not a fixed amount and can vary from year to year. In some years, there may be no COLA at all if the CPI-W does not increase. However, the goal of the COLA is to help keep pace with inflation and ensure that Social Security and other benefits retain their purchasing power.
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the individual who enters into a listing contract with a principal is known as the...? dual agent listing agent selling agent sub-agent
The person who signs a listing agreement with a principal is referred to as the listing agent.
Who is the relationship's main in the listing broker's eyes?A In real estate transactions, the listing broker acts as an agent for the seller, who is the principal.
Who are the participants to a listing agreement?An employment contract between a real estate broker and a property owner is known as a listing agreement. It gives the broker the ability to act as the seller's listing agent and find a buyer who will buy the house on their conditions.
What tasks falls under the purview of the listing agent?They have in-depth knowledge of the neighborhood real estate market, inspect and evaluate properties to establish fair market value, produce and deliver listing presentations to share their findings with sellers, and market and stage properties to draw in possible purchasers.
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Does Caroline have any closed accounts? How long does a closed account stay on a person’s credit report?
Answer:
add yxlhjtxhlxitfitgysouiyfisiyghxjlx iehjjjgjHZ
Explanation:
kydyhshlxluludlidlharuskydykstkdulkSltsluskydhkSORRY FOR THIS
true or false? credit balances will appear on the ledger as a positive balance.
Answer:
true
Explanation:
can i doit without pay
Answer:
what?
Explanation:
How would inventions such as the smart fitting room affect retail jobs???
Answer:
ummm because it is bigger
Explanation:
Which statement best describes the relationship between businesses and
other parts of the circular flow of goods?
O A. Businesses create the goods that product markets sell.
• B. Businesses make rules about what resources will be available.
• C. Businesses sell the goods produced in households.
D. Businesses make it easier for households to access resource
markets.
The statement that best describes the relationship between businesses and other parts of the circular flow of goods is: D. Businesses make it easier for households to access resource markets.
What is the statement that describes the relationship between businesses?Businesses are an important part of the circular flow of goods because they produce goods and services that are sold in product markets, and they also purchase resources, such as labor, capital, and land, in resource markets.
By purchasing resources in resource markets, businesses make it easier for households to access these markets, which in turn enables households to sell their labor, land, and other resources to businesses.
This creates a circular flow of goods, where households supply resources to businesses, and businesses supply goods and services to households.
Therefore the correct option is B.
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Choose a real or made up company, and describe at least three ways in which the company uses technology.
Answer:
Case of E Commerce Companies, & their technical processes.
Explanation:
Any company based on E commerce model, uses technology in its various phases of operation.
E Commerce refers to online buying & selling of goods. They use technology for website or app maintainence, for order placing, for payment, for delivery tracking & various other updates. Technology is also used for back end stock & orders management etc.
Many big online shopping companies (eg Amazon) use this model & its technical aspects.
Answer:
Dominos is a company that has many variable costs. Some examples include flour, cheese, and tomatoes.
Explanation:
in a value chain, the primary activities that take place include all except: question 3 options: logistics of inputs shipping of the product human resource management marketing the product service
A value chain refers to the entire lifecycle of a product or process, which includes the procedures for getting raw materials, making the product, consuming it, and discarding or recycling it.
A firm is essentially a series of tasks carried out to create, manufacture, sell, distribute, and support its product. Its objective is to manufacture the goods so that their value exceeds the price at which they were initially produced. The additional value, which is frequently denoted as "margin," can be thought of as the profits. When investigating the sources of competitive advantage, it is essential to examine all of these internal processes in a methodical manner to see how they interact. A business achieves competitive advantage by completing strategically significant tasks more affordably or effectively than its rivals. By breaking down a company into its strategically important activities, Michael Porter's value chain aids in providing a clear picture of the internal organization. Managers are better able to determine where real value is created and where improvements can be made based on this overview.
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A value chain refers to the entire lifecycle of a product or process, which includes the procedures for getting raw materials, making the product, consuming it, and discarding or recycling it.
A firm is essentially a series of tasks carried out to create, manufacture, sell, distribute, and support its product. Its objective is to manufacture the goods so that their value exceeds the price at which they were initially produced. The additional value, which is frequently denoted as "margin," can be thought of as the profits. When investigating the sources of competitive advantage, it is essential to examine all of these internal processes in a methodical manner to see how they interact. A business achieves competitive advantage by completing strategically significant tasks more affordably or effectively than its rivals. By breaking down a company into its strategically important activities, Michael Porter's value chain aids in providing a clear picture of the internal organization. Managers are better able to determine where real value is created and where improvements can be made based on this overview.
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the following table shows your stock positions at the beginning of the year, the dividends that each stock paid during the year, and the stock prices at the end of the year. company shares beginning of year price dividend per share end of year price us bank 600 $ 44.90 $ 2.20 $ 44.83 pepsico 500 60.48 1.44 63.95 jds uniphase 1,100 20.28 18.06 duke energy 500 28.15 1.40 33.91 what is your portfolio dollar return and percentage return? note: do not round intermediate calculations and round your final answer to 2 decimal places.
The gain or loss that an investment portfolio with a variety of different investments makes is referred to as the portfolio return. A diversified portfolio of stock and bond holdings or a combination of the two asset classes is what is meant by a portfolio return.
We know that,
Percentage Return = (P1 + D1 - P) / P x 100
Dollar Return = (P1 + D1 - P) x n
Where, P1 = current year price
D1 = dividend paid
P = previous year price
n = no. of shares
As per the given data, the following are calculated in the provided table attached as an image.
The total portfolio dollar return is amounted to $4,871 (see the table)
Now, Portfolio Percentage Return is calculated,
As per market value = (4.74*28.11%) + (8.12*33.41%) – (0.20*20.76%)
+ (25.44*17.72%)
= 8.51%
As per shares value = (4.74*22.22%) + (8.12*18.52%) -
(0.20*40.74%) + (25.44*18.52%)
= 7.18%
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Approximately how long will it take for $250 to grow to $1,000 at an annual rate of 8%? 4 years. 25 years. 18 years. 9 years.
18 years would pass within the period at an annual rate .
How to calculate how long it would take?Using the compound interest formula, we can determine how long it will take for an investment to increase from $250 to $1,000 at an annual rate of 8%:
A = P * (1 + r)^t
where A represents the overall sum, P represents the initial sum, r represents the annual interest rate in decimal form, and t is the number of years.
When we enter the numbers, we obtain:
1000 = 250 * (1 + 0.08)^t
By multiplying both sides by 250, we obtain:
4 = (1 + 0.08)^t
Using both sides' natural logarithms:
ln 4 = t * ln (1 + 0.08)
By dividing the two sides by (1 + 0.08)ln
t = ln 4 / ln (1 + 0.08)
Using a calculator to approximate this calculation, we get that t = 18 years.
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suppose that a financial crisis decreases investment spending by $100 billion and the marginal propensity to consume is 0.80. assuming no taxes and no trade, by how much will real gdp change? group of answer choices $500 billion decrease $200 billion decrease $800 billion decrease $400 billion increase
Change in real GDP = -$500 billion. The correct option is A.
Assuming no taxes and no trade, by how much will real GDP change if a financial crisis decreases investment spending by $100 billion and the marginal propensity to consume is 0.80?
The decrease in the level of investment spending in the economy as a result of a financial crisis leads to a decrease in the level of output, which results in a decrease in the level of real GDP in the economy. The level by which the decrease in investment spending affects the level of real GDP in the economy is referred to as the multiplier effect, and it is determined by the marginal propensity to consume (MPC) in the economy.
The MPC represents the proportion of a change in disposable income that is spent on consumption in the economy. The formula for the multiplier is 1/(1 - MPC). Given that the MPC is 0.80, the multiplier is 1/(1 - 0.80) = 1/0.20 = 5.
If the decrease in investment spending is $100 billion, then the change in real GDP will be equal to the product of the multiplier and the change in investment spending: Change in real GDP = 5 * (-$100 billion) = -$500 billion.
Therefore, the answer is a $500 billion decrease.
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As the change in real GDP is $500 billion. The correct option is A.
Assuming no taxes and no trade, by how much will real GDP change if a financial crisis decreases investment spending by $100 billion and the marginal propensity to consume is 0.80?The decrease in the level of investment spending in the economy as a result of a financial crisis leads to a decrease in the level of output, which results in a decrease in the level of real GDP in the economy. The level by which the decrease in investment spending affects the level of real GDP in the economy is referred to as the multiplier effect, and it is determined by the marginal propensity to consume (MPC) in the economy.
The MPC represents the proportion of a change in disposable income that is spent on consumption in the economy. The formula for the multiplier is 1/(1 - MPC). Given that the MPC is 0.80, the multiplier is 1/(1 - 0.80) = 1/0.20 = 5.
If the decrease in investment spending is $100 billion, then the change in real GDP will be equal to the product of the multiplier and the change in investment spending: Change in real GDP = 5 * (-$100 billion) = -$500 billion.
Therefore, the answer is a $500 billion decrease.
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Which of the following statements about corporate culture is true A. Corporate culture evolves over time B. Corporate culture is intangible C. Corporate culture is based on the accumulated history of the organization D.Corporate culture can have a strong impact on a company's success E. All the above
Answer: All of the above
Explanation:
Corporate culture simply refers to the beliefs, customs and the attitudes that is shared in s particular company. It should be noted that the corporate culture shapes the behaviors of employees in an organization.
It helps in guiding the behaviors of workers and they can either be unwritten rules or those that are documented. They can be based in an organization's history and can evolve with time.
Corporate culture is intangible and can have a strong impact on the company's success. Therefore, the answer to the question is All of the above.
The ________ is a consumer trend in which consumers share goods or services for a fee, usually facilitated via an online platform.
It should be notes that sharing economy is a consumer trend in which consumers share goods or services for a fee.
What is sharing economy?
Sharing economy can be explained as socio-economic system which is found around the sharing of resources.
It can be regarded as a way of purchasing goods and services which is different from traditional business model and usually facilitated via an online platform..
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Impact of natural disasters on South Africa’s economic growth performance for 2020 in comparison with 2023
Natural disasters can have a significant impact on economic growth, both in the short term and the long term.
How can we prevent natural disasters?As a result, cutting back on pollution is the first step in mitigating potential natural disasters. States must also become more resilient by planning ahead and getting ready to deal with dangers associated with the climate, from implementing conservation and restoration measures to enhancing infrastructure.
In the short term, natural disasters such as floods, droughts, or storms can disrupt economic activity, damage infrastructure, and cause loss of life and property. This can lead to a decline in economic growth, as businesses are forced to suspend operations, and the government is required to divert resources toward relief efforts.
In the long term, natural disasters can also have lasting effects on the economy, particularly if they cause significant damage to infrastructure or disrupt critical industries.
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One characteristic of the United States Foreign Corrupt Practices Act is that it: ____________
a. applies to only international transactions that occur within the territorial borders of the United States.
b. is an attempt to support U.S. businesses by exporting U.S. values that indirectly aid business.
c. clearly stipulates terminology and behavior that is illegal on the part of U.S.
d. businesses and foreign business operating in the United States.
e. includes uncertainties such as terminology, definitions, accounting standards, and behavior standards.
One characteristic of the United States Foreign Corrupt Practices Act is that it clearly stipulates terminology and behavior that is illegal on the part of U.S
United States Foreign Corrupt Practices Act was set up in 1977. It helps to
serve as a guide to know the legal and illegal behavior expected of
individuals by the USA.
Example of illegal behavior by the Act includes offering bribes for favor to gain business deals, keeping to agreements etc.
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When the product price falls from $40 to $30, the quantity demanded rises from 500 to 600 units. using the simple formula the price elasticity of demand in this range is:________
The price elasticity of demand is -0.80.
What is price elasticity of demand?Price Elasticity of demand refers to the change in demand in response to the change in the price of the commodity. The change can be larger or smaller depending upon the nature of the product.
According to the question, Price of the commodity changes, which affects the demand of the product by increasing the demand for it. The change in the level of the price and demand is calculated as below.
Price Elasticity of Demand = Percentage change in quantity / Percentage change in price.
Price Elasticity of Demand = \(\frac{(500 - 600)/500}{(40 -30 )/40}\)
= \(\frac{-100/500}{10/40}\)
= -0.80
Therefore, it can be concluded that price elasticity of demand is -0.80.
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1. Why would a potential sponsor be interested in an organization's market reach?
Answer:
A potential sponsor would be interested in an organizations market reach because they want to know the estimated number of consumers the organization markets to. A sponsor isn’t interested in a small market
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In cell H4, calculate the donation amount by multiplying the Streaming Revenues by the percentage in cell I1, using absolute references as needed
Answer:
=G4*$I$1
Explanation:
Answer:
=Table1[Streaming Revenues]-Table1[Donation]
Explanation:
Which of the following is a normative statement? Select one: a. The elimination of trade restrictions would increase an economy's standard of living. b. Gasoline prices ought to be lower than they are now. c. In response to the most recent recession, the federal government extended the duration of unemployment benefits. d. A decrease in the minimum wage would decrease unemployment. 16) Which of the following statements is true? Select one: a. Economists use one standard set of assumptions to answer all economic questions. b. Historical episodes are not valuable to economists. c. While the scientific method is applicable to studying natural sciences, it is not applicable to studying a nation' s cconomy. d. The scientific method can be applied to the study of economics.
Gasoline prices ought to be lower than they are now is a Normative statement. So, the correct option is B. The actual statement is d. The scientific method can be applied to the study of economics.
A normative statement expresses a value judgment or opinion about what should or should be. It involves subjective opinions and cannot be tested or proven true or false based solely on economic analysis. In this case, statement b. "Gasoline prices ought to be lower than they are now" is a normative statement. It reflects a subjective opinion about the ideal or desired level of gasoline prices. It is not a statement that can be objectively proven or disproven using economic analysis alone. The word implies a value judgment that lower gasoline prices would be preferable. However, different individuals or groups may have different opinions on the "correct" or "ideal" level of gasoline prices based on their perspectives and interests. Economics is a social science that seeks to understand how individuals, businesses, and societies choose and allocate resources. The scientific method, which involves systematic observation, formulation of hypotheses, data collection, analysis, and conclusion, applies to the study of economics. Economists use the scientific method to study economic phenomena, test theories, and make predictions about economic behavior. They gather data, develop models and ideas, and test them using empirical evidence. Through this process, economists seek explanations and insights into various economic phenomena, such as market behavior, consumer choices, production processes, and policy outcomes. While the economic analysis may involve complexities and uncertainties due to economic systems' dynamic and interdependent nature, the scientific method provides a framework for systematic and rigorous economic inquiry. It allows economists to generate knowledge, refine theories, and contribute to understanding economic behavior and its implications.
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Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called
Answer:
The appropriate answer is "License agreement".
Explanation:
A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.When Yoplait Yogurt gives a portion of its profits to Breast Cancer Research, it is usingCause related marketing?
Yes, Yoplait Yogurt's practice of giving a portion of its profits to breast cancer research is an example of cause-related marketing.
Cause-related marketing refers to a marketing strategy in which a company aligns itself with a social or environmental cause in order to increase sales while also promoting awareness and support for the cause.
In the case of Yoplait Yogurt, the company has chosen to support breast cancer research, which is a cause that is relevant to many of its consumers.
By partnering with breast cancer research organizations and donating a portion of its profits to these organizations, Yoplait is able to demonstrate its commitment to the cause and appeal to consumers who are passionate about supporting breast cancer research.
Cause-related marketing can be beneficial for both the company and the cause it is supporting. The company is able to increase its sales and customer loyalty by appealing to consumers' values and demonstrating its social responsibility.
At the same time, the cause benefits from increased awareness, funding, and support from both the company and its customers. However, it is important for companies to ensure that their cause-related marketing efforts are genuine and not perceived as exploitative or insincere.
By being transparent about its donations and partnering with reputable organizations, Yoplait Yogurt is able to build trust and credibility with its customers and make a meaningful impact on breast cancer research.
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