The degree to which a product's consumption varies as a result of price changes is known as price elasticity of demand. Percentage shift in demand brought on by a 1% price change. (Or, the ratio of the price change in percentage to the needed quantity change in percentage.)
Using the formula:%
Change in Demanded Quantity% Change in Price, price elasticity of demand is computed.
The term "price elasticity" is used by economists to explain how changes in price impact the supply and demand of a product. The link between price change and supply change is referred to as price elasticity of supply. It is calculated by deducting the percentage change in quantity offered from the percentage change in price.
Learn More About Price elasticity of demand Visit: https://brainly.com/question/15010897
#SPJ4
started business with cash Rs 100000 and furniture Rs 50000
Answer:
See below
Explanation:
Cash and furniture are assets. An increase in assets is debited. The amounts used to buy the in facilitating the transactions is the capital.
The journal entry will be as below,
Cash A/c Dr. Rs 100,000
Furniture A/c Dr. Rs 50,000
Capital A/c Cr. Rs 150,000
JJ McIntyre, the manufacturer of the machine that took Nicastro's fingers, calls you and asks for advice. They have been sued by a California resident who works at another plant and just received a summons. Evidently, JJ McIntyre decided to try to sell their machines to California companies, attending trade shows, doing mailings and email blasts to California companies. They signed up a Los Angeles marketing company to do this, and the VP Sales has been in California to see customers several times. JJ McIntyre thinks that since they did not have an office in California, and since they won last time in New Jersey, they can ignore the summons.
Should McIntyre ignore the summons? Why or why not?
2. Using the FIRAC method (so tell me what FIRAC is) How do you think a Court will hold in this case? Why?
According to the FIRAC method, JJ McIntyre, the manufacturer of the machine that took Nicastro's fingers, cannot ignore the summons and will likely be held liable in this case. This is because they actively sought to sell their machines in California and established a presence in the state, making them subject to jurisdiction.
Under the FIRAC method, the issue is whether JJ McIntyre is subject to jurisdiction in California, even though they do not have an office there. The rule is that a defendant can be subject to jurisdiction in a state if they have established minimum contacts with the state such that it would not offend traditional notions of fair play and substantial justice. Here, JJ McIntyre actively sought to do business in California by attending trade shows, doing mailings and email blasts, signing up a Los Angeles marketing company, and sending their VP Sales to see customers. Therefore, they have established minimum contacts with the state and can be held liable there.
Know more about FIRAC here:
https://brainly.com/question/32635683
#SPJ11
why does spaghetti taste good?
Answer:
cuz why not,its bery taesty
how do people progress in a business?
Answer:
with the proper leadership skill and hard work
Trail Bikes, Inc., makes and distributes Trail-brand bicycles and accessories to authorized dealers. To prevent price-cutting by dealers in direct competition, Trail Bikes imposes limits on where each dealer can sell Trail products. This is
Answer:
Territorial restriction
Explanation:
Territorial restriction is the way that a manufacturer restricts the territory where a wholesaler or retail seller is able to sell products.
Manufacturers usually use this technique to reduce Interbrand competition and control price.
In the given scenario Trailer Bikes Inc supplies bicycles to dealers and restricts where they can sell the bicycles to prevent price-cutting by dealers in direct competition.
A boiler was purchased in 2015 for P12880433 with an expectedlife of 13 years. If its salvage value is expected to be zero, whatis the depreciation charge in the 5th year using the SYDmethod?
The depreciation charge in the 5th year using the SYD method is P1,274,020.67.
To calculate the depreciation charge in the 5th year using the SYD method, we need to first determine the total depreciation expense over the 13-year life of the boiler.
Using the SYD method, we can calculate the depreciation expense as follows:
Step 1: Determine the total number of years of useful life
The boiler has an expected life of 13 years.
Step 2: Calculate the sum of the years' digits
To calculate the sum of the years' digits, we add up the digits from 1 to 13:
1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12 + 13 = 91
Step 3: Determine the depreciation rate for each year
To determine the depreciation rate for each year, we divide the remaining years of useful life by the sum of the years' digits.
For the first year, the remaining useful life is 13 years, so the depreciation rate is:
13 / 91 = 0.143
For the second year, the remaining useful life is 12 years, so the depreciation rate is:
12 / 91 = 0.132
And so on, until we reach the last year:
For the 13th year, the remaining useful life is 1 year, so the depreciation rate is:
1 / 91 = 0.011
Step 4: Calculate the depreciation expense for each year
To calculate the depreciation expense for each year, we multiply the depreciation rate by the depreciable cost of the asset, which is the original cost minus the salvage value.
In this case, the salvage value is expected to be zero, so the depreciable cost is simply the original cost:
P12,880,433
So the depreciation expense for the 5th year would be:
Depreciation rate for 5th year = 9 / 91 = 0.099
Depreciation expense for 5th year = Depreciation rate for 5th year x Depreciable cost
Depreciation expense for 5th year = 0.099 x P12,880,433 = P1,274,020.67
Learn More about depreciation charge here :-
https://brainly.com/question/28902096
#SPJ11
Can anyone help me think of an advertisement for a product I’m selling which is a drone.
Regardless of the variety of options available, all forms of advertising share two objectives: to influence customers so that they become leads or customers.
How to Influence Customers?
Consumer behavior is influenced by four psychological factors: attitude or set of beliefs, perception, learning, and motivation. Behaving in a manner that offers others the opportunity to change (their behavior, attitudes, thoughts, and ways) and/or accommodate your own wishes is one aspect of influencing skills. However, it is important to recognize that others may be unable to, unwilling to, or unprepared to respond to our request to be influenced. Human behavior is influenced by a variety of factors and characteristics. These are distinctions that are unique to the person with whom you are collaborating. Personality traits.
These are things that affect how a person interacts with other people. Institutional elements. Factors that affect the community and Public policy.
To know more about Influence Customers, visit:
https://brainly.com/question/28101484
#SPJ1
During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?
The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.
What is the maturity stage of the product life cycle?Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.
In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.
Learn more about the product life cycle here:
https://brainly.com/question/15177349
#SPJ1
DUE TODAY PLEASE HELP T^T
When completing a self-assessment, you should think about the cultural environment in which you want to live.
False
True
Answer:
TRUE TRUE TRUE
Explanation:
:) :) :) :) :) :)
Answer:
True
Explanation:
kind of common sense lol......
maximizing businesses will buy more new machinery only if the interest rate decreases. labor costs are low and expected to fall. Othere is a short-run profit the net present value of the new machinery is positive.
Maximizing businesses will increase machinery purchases if interest rates decrease, labor costs are low and expected to decrease, and short-run profit indicates a positive net present value for the new machinery.
Machinery refers to the collection of mechanical devices, equipment, or tools used in various industries and sectors to perform specific tasks, functions, or operations. It encompasses a wide range of mechanical, electrical, and electronic components designed to automate or facilitate production, manufacturing, or other processes. Machinery can include heavy machinery like excavators or cranes, industrial machinery like assembly lines or printing presses, agricultural machinery like tractors or harvesters, or technological machinery like computer servers or robotic systems. Machinery plays a crucial role in increasing productivity, improving efficiency, reducing manual labor, and enabling large-scale production. It is a vital asset for businesses and industries across numerous sectors, driving economic growth and technological advancements.
Learn more about Machinery here;
https://brainly.com/question/30616831
#SPJ11
During a group session, the only Persian member and another member ended up in a heated debate about cultural differences. The leader, also Persian, was caught off guard and unsure of how to address the situation in the moment, struggling with an internal conflict. What was the leader’s fear?A) Connecting with the Persian member.
B) Overidentifying with the non-Persian member.
C) Connecting with the non-Persian member.
D) Overidentifying with the Persian member.
Answer: D. Overidentifying with the Persian member.
Explanation:
The leaders fear in this case is over identifying with the Persian member. Since the leader is Persian, he is afraid that he could overidentify with the Persian member and this could bring about biasness with the way he handles the issue.
Therefore, based on the given options, the correct answer is D.
Dera diamonds inc. is a premium jeweler. its clientele includes movie stars, politicians, businessmen, and popular socialites. it has a team of jewelry experts that designs jewelry for each of its clients from scratch. everything is made to meet the specific requirements of the clients, and no two jewelry pieces produced by this company has ever been identical. this is an example of
Answer:
customization
Explanation:
From the question we are informed about Dera diamonds inc. which is a premium jeweler. its clientele includes movie stars, politicians, businessmen, and popular socialites. it has a team of jewelry experts that designs jewelry for each of its clients from scratch. everything is made to meet the specific requirements of the clients, and no two jewelry pieces produced by this company has ever been identical. The case above is an example of customization. Customization in business is also regarded as "built-to-order" it involves the modification of products/goods to suit the personal specification or preference of the clients/customer, it is a way to deliver the product of the customer according to the specified requirements. It a business strategy and when done very well, it makes the clients to always patronize again.
the founder of rainbow dyed fabrics wants to open its second facility to produce housewares in the united states. however, the finance manager suggests an overseas location would help the company remain competitive, because labor costs are lower in many other countries. to arrive at the decision that will best promote rainbow's ability to compete, what other hr factors, if any, should the company consider?
Rainbow Dyed Fabrics should take into account various HR aspects in addition to labor costs when selecting whether to construct a new plant to manufacture housewares domestically or abroad.
Workers laws and regulations: The cost and availability of workers might vary depending on the country's labor laws and regulations. In each potential location, Rainbow Dyed Fabrics should take into account the regulations on pay, benefits, working hours, and safety standards.
Skills and education of the workforce: The caliber and productivity of the workforce can be impacted by the skills and education level of the local workforce. It is important for Rainbow Dyed Fabrics to think about the possibility for training and development programs as well as the accessibility of qualified staff.
Learn more about on labor costs, here:
https://brainly.com/question/31806503
#SPJ4
(a) Explain the Law of variable proportions with suitable diagrams. (b) From the following table find out total fixed cost(TFC), total variable cost(TVC), average total cost(ATC), average fixed cost(A
To calculate TFC, TVC, ATC, and average fixed cost AFC, please provide the specific table or equations with the relevant cost data.
(a) The Law of Variable Extents, otherwise called the Pattern of consistent, predictable losses, is a financial idea that portrays the connection among data sources and results underway.
It expresses that as one information variable is expanded while keeping different data sources steady, the peripheral result of that variable will ultimately decline.
To outline this idea with a chart, we can utilize a creation capability diagram. The X-hub addresses the amount of the variable information, and the Y-pivot addresses the result. At first, as additional units of the variable info are added, the all out item (TP) increments at a rising rate, bringing about a precarious vertical slanting bend.
Nonetheless, at one point, the extra result acquired from each extra unit of the variable info starts to reduce, causing the TP bend to level and at last decay.
The negligible item (MP) bend, got from the TP bend, portrays the extra result delivered by each extra unit of the variable information. The MP bend crosses the TP bend at its greatest point and afterward begins to decline as the Law of Variable Extents produces results.
(b) to decide the all out fixed cost (TFC), all out factor cost (TVC), normal complete expense (ATC), and normal fixed cost (AFC), we really want to have extra information or the significant expense conditions.
If it's not too much trouble, give the table or conditions connected with the expense information, and I will actually want to ascertain the necessary expenses and midpoints.
To learn more about average fixed cost (AFC), refer:
https://brainly.com/question/22746843
#SPJ4
The complete question is:
Can you determine the total fixed cost (TFC), total variable cost (TVC), average total cost (ATC), and average fixed cost (AFC) from the provided table?
bismite corporation purchases trees from cheney lumber and processes them up to the split-off point where two products (paper and pencil casings) emerge from the process. the products are then sold to an independent company that markets and distributes them to retail outlets. the following information was collected for the month of october: trees processed: 320 trees production: paper 180,000 sheets pencil casings 180,000 sales: paper 169,000 at $0.10 per page pencil casings 177,500 at $0.13 per casing the cost of purchasing 320 trees and processing them up to the split-off point to yield 180,000 sheets of paper and 180,000 pencil casings is $13,000. bismite's accounting department reported no beginning inventory. what are the paper's and the pencil's approximate weighted cost proportions using the sales value at split-off method, respectively?
Using the sales value at split-off technique, the approximate weighted cost proportions for paper and pencil casings are 42.23% and 57.77%, respectively.
How to Solve for Weighted Cost Proportions?To calculate the approximate weighted cost proportions using the sales value at split-off method, we need to determine the sales value at split-off for each product.
The sales value at split-off is the estimated selling price of each product at the split-off point, which is when they emerge from the production process.
First, let's calculate the sales value at split-off for paper:
Sales value at split-off for paper = Sales of paper * Selling price per page
= 169,000 * $0.10
= $16,900
Next, let's calculate the sales value at split-off for pencil casings:
Sales value at split-off for pencil casings = Sales of pencil casings * Selling price per casing
= 177,500 * $0.13
= $23,075
Now, we can calculate the weighted cost proportions using the sales value at split-off method:
Weighted cost proportion for paper = (Sales value at split-off for paper) / (Total sales value at split-off)
= $16,900 / ($16,900 + $23,075)
≈ 0.4223 (approximately 42.23%)
Weighted cost proportion for pencil casings = (Sales value at split-off for pencil casings) / (Total sales value at split-off)
= $23,075 / ($16,900 + $23,075)
≈ 0.5777 (approximately 57.77%)
Therefore, the approximate weighted cost proportions for paper and pencil casings using the sales value at split-off method are approximately 42.23% and 57.77%, respectively.
Learn more about weighted cost proportions here: https://brainly.com/question/17164049
#SPJ1
Unit 4 Marketing Information Systems Test
Answer:
bro what tryna say in this question
a transfer of benefits and obligations within a contract to a 3rd party who is not originally a party to the contract is known as a?
A transfer of benefits and obligations within a contract to a 3rd party who is not originally a party to the contract is known as a novation.
In the term of business and economic contract, A novation generally can be defined as an agreement made between two contracting parties to allow for the substitution of a new party for an existing one. In the novation, there are assumes that the rights and obligations of the original party, so One of the contracting parties in the original contract is replaced by an entirely new party. There are several types of novation, such as Substituting the person of the debtor and also Subrogating a third person in the rights of the creditor.
Here you can learn more about novation https://brainly.com/question/28233329
#SPJ4
company A had an engineering job to be given to a subcontracting company. The subcontracting took the iob and a formal contract was signed between the two parties. While the project was ongoing. some technical diticulties faced by the subcontracting company forced the project to be stopped for a period of 1 month. Since the project was stalled for 1 month the company A couldn't complete the project, and couldn't deliver the project to the client. The client levied a fine on the contracting company. Company A asked for compensation for the delay of work by the subcontracting company wherein in the formal contract there is no mention that the fine can be levied on any delay of work. The two companies had a dispute and company A had refused to conclude the contract. Apply applicable two Bahrain contract laws in this scenario to have a dispute resolution and come up with an appropriate conclusion to the case
In Bahrain, the applicable laws for resolving contract disputes can include: Bahrain Commercial Companies Law: This law governs the formation and operation of commercial companies, including subcontracting companies.
Bahrain Civil Code: The Civil Code contains provisions related to contracts, obligations, and liabilities. It may cover aspects such as breach of contract, compensation for damages, and principles of contractual interpretation. In order to resolve the dispute and come to an appropriate conclusion, the parties involved can consider the following steps: Contractual Interpretation: Review the terms and conditions of the formal contract signed between the two parties to determine if there are any clauses or provisions that address the issue of compensation for delays or unforeseen circumstances. It is important to carefully examine the contract language to understand the rights and obligations of each party.
Negotiation and Mediation: The parties can attempt to negotiate a mutually acceptable resolution through direct discussions or mediation. Mediation involves the intervention of a neutral third party who facilitates communication and assists the parties in reaching a settlement.
Arbitration: If negotiation or mediation fails to resolve the dispute, the parties can consider arbitration. Bahrain has established the Bahrain Chamber for Dispute Resolution (BCDR-AAA) to handle commercial disputes through arbitration and other alternative dispute resolution mechanisms. Legal Action: If all other avenues fail, the parties can resort to legal action by filing a lawsuit in the appropriate Bahraini court. The court will consider the relevant contract laws and evidence presented by both parties to determine the outcome of the case. It is important to consult with a legal professional to understand the specific details of the case, review the contract terms, and receive advice tailored to the Bahraini legal system and circumstances involved.
Learn more about Companies here:
https://brainly.com/question/33233771
#SPJ11
if a price discriminating monopoly faces the below demand curve charges two diferrent prices of $40 and $20 what would be their total revenue
If a price discriminating monopoly faces the below demand curve charges two different prices of $40 and $20, total revenue will be
In a monopoly, price discrimination refers to the practice of charging various prices for the same good. Monopolies typically have more control over their suppliers than other types of sellers, which gives them tremendous influence over the selling prices of their suppliers.
When the supply is scarce, monopolists may also raise their prices to boost their profits. To assist minimize costs and boost gains, they need suppliers' cooperation.
When the price is $20, units sold = 30
Revenue = price * units sold
= 20*30
= $ 600
When the price is $40, units sold = 10
Revenue = 40 *10
= $ 400
Total revenue = Revenue from both prices
= 600 + 400
= $ 1000
To know more about price discrimination:
https://brainly.com/question/17272240
#SPJ4
Assume the same facts as in part (b), except that the porters sell their home for $700,000. How much gain will the porters recognize on the home sale?
The porters sell their home for $700,000. The porters recognize on the home sale will be under $700,000.
In the porters sell is followed with a model that identifies and analyzes five competitiveness forces that shape every industry and helps determine an industry's weaknesses and strengths.
The sell means to sell or to exchange some commodity for money in which porters sell their home for $700,000. On the other hand, sale is basically refers to the act of the exchanging a commodity for money or action of selling something.
The porter will gain on the home sale under $700,000 because sell is directly sell but sale include two variables which are discounts and exchanges.
To know more about porters sell here,
https://brainly.com/question/2993136
#SPJ4
She calls and asks for your advice on both an auto loan and a credit card. * 10 point
Based on what your cousin wants to accomplish financially and her current financial obligations, would you advise her to apply for both types of credit? Why or why not? Complete responses should consider:At least 2 specific pieces of advice related to each type of credit: credit cards and auto loans. The advice should consider whether the type of credit is appropriate for a young adult like her. What trade-offs will your cousin have to make based on the advice you are giving her?
I would advice my cousin to not get a credit card as she is a young adult and should not rely immediately on credit as these are associated with a lot of terms and conditions and also dependency on credit card may lead to a negative aspect in the early stages of career.
Also i would advice my cousin to get a auto loan on the condition that he is currently financially sound enough to afford the down payments associated with the auto loan and the installments should not be more than 10% of his current salary
What is a Auto loan?
Automobiles themselves are used as collateral for secured loans like auto loans. Lenders provide it for commercial vehicles, new automobiles, used cars, two wheelers (usually referred to as a two-wheeler loan), and new and used cars (generally called a Commercial Vehicle Loan).
To know more about Auto loans and credit click,
https://brainly.com/question/12389122
#SPJ1
who do you think is gonna win this election/who are you voting for?
Answer:
please mark me Brainliest: i think joe Biden will win definitely
Explanation:
Martha and Oleg are competitors in a local market and each is trying to decide if it is worthwhile to advertise. If both of them advertise, each will earn a profit of $5,000. If neither of them advertise, each will earn a profit of $10,000. If one advertises and the other doesn't, then the one who advertises will earn a profit of $15,000 and the other will earn $7,000. To earn the highest profit, Martha
a. should advertise, and she will earn $5,000.
b. should advertise, and she will earn $15,000.
c. should not advertise, and she will earn $10,000.
d. has no dominant strategy
Answer:
d
Explanation:
Dominant strategy is the best option for a player regardless of what the other player is playing.
The payoffs for Martha if she advertises is either $5000 or $15000
if she does not advertise, it is either $10,000 or 7000
looking at these figures, there is no option that consistently yields a better option. thus there is no dominant strategy
If for example,
The payoffs for martha if she advertises is either $5000 or $15000
if she does not advertise, it is wither $3,000 or 7000
Advertising consistently yields a better option, thus her dominant strategy would be to advertise
if the marginal benefit received from a good is greater than the marginal cost of production, then: a. society's well-being can be improved if production increases. b. society's well-being can be improved if production decreases. c. society's well-being cannot be improved by changing production. d. the market is producing too much of the good. e. the market is producing the efficient quantity of the good.
If the marginal benefit received from a good is greater than the marginal cost of production, then society's well-being can be improved if production increases.
What is marginal cost of production?Marginal cost of production is the change in total cost that comes from producing one additional unit of a good or service. It is calculated by taking the total cost of all inputs (materials, labor, overhead, etc.) and dividing it by the total number of units produced. This figure represents the cost of producing one additional unit.Marginal cost is an important factor in economic decision-making as it helps firms determine the optimal levels of production, as well as assess the potential benefits of expanding or reducing production. It is important for firms to consider both their fixed costs (which do not vary with production levels) and their variable costs (which do vary with production levels) when calculating the marginal cost of production.Marginal cost is also known as incremental cost, since it is the additional cost of producing one extra unit. It is different from average cost, which is the total cost of production divided by the number of units produced. For example, if it costs $100 to produce 10 units, then the average cost of each unit is $10, while the marginal cost of producing an 11th unit would be $10.Marginal cost is often used to make decisions on pricing, as it helps firms determine the most profitable price they can charge for their goods and services. By understanding their marginal cost and the demand for their products, firms can ensure they are charging a price that maximizes their profits.To learn more about marginal cost refer to:
https://brainly.com/question/20714062
#SPJ4
Which statement describes the relationship between risk and returns?
a) higher risks often leads to lower potential returns.
b) higher riskes often leads to higher potential returns.
c) lower risks often leads to higher potential returns.
d) moderate risks often leads to highest potential returns.
Answer:
B) higher riskes often leads to higher potential returns.
Explanation:
Every T account has two sides, credit and credit side.
True
False
Answer:
False
Explanation:
The two sides are DEBIT and credit.
What specific members of the public might be interested in accounting information?.
Specific members of the public might be interested in accounting information Users of accounting facts are inner and outside.
External customers are creditors, investors, government, buying and selling partners, regulatory agencies, global standardization agencies, journalists and inner customers are proprietors, directors, managers, personnel of the company.
Accounting is of number one significance to the proprietors and managers. However, creditors, bankers, etc. also are interested by the accounting reviews of the organization. The accounting procedure offers economic statistics for a huge variety of people whose targets in reading the statistics range widely. There are 3 number one customers of accounting facts: inner customers, outside customers, and the government.
Learn more about accounting here:
https://brainly.com/question/26690519
#SPJ4
jim is haggling with a car dealer on the price of a used car. if the dealer is getting a bonus per sale made, in addition to the commission, the storekeeper’s a.disagreement value increases b.eagerness to agree increases c.disagreement value decreases d.both b
Since the car dealer receives commission on each transaction as well as a bonus for each one, he or she will make an effort to close as many deals as possible haggling.
As for this, even after talks, the dealer will attempt to sell the car for as little money as possible because there is a benefit to sales on both the value and the volume of sales. car dealer Because the customer must take into account and account the amount of repairs that need to be made to the automobile throughout the transaction process, the surplus sales of the car must decrease haggling. The car has numerous dings that need to be fixed, and the purchaser will take that into consideration. car dealer Less money will be required from the consumer, which will reduce the sales excess. The price elasticity of demand for cars is unitary, which means that any percentage rise or decrease in a product's price will result in an equivalent increase or decrease in the demand for the product. If automobiles cost $20,000 and the current sales volume is 30, then. haggling There must be a price cut in order to raise sales to 50 units.
How much of an increase in the amount to be sold do we have? 50 - 30 = 20 20/30 = 66.67 appx 67% Consequently, a 67% drop in the car's price will result in a 67% rise in sales volume. The car will cost $20,000 * 67%, which equals $13,400. The new price is $20,000 - $13,400, which is $6,600.
Learn more about car dealer hear :
https://brainly.com/question/13131554
#SPJ4
Discussion 8 A After reading Chapter 10, can you tell which policy was used by the US government to mitigate the economic effects of the COVID-19 pandemic?
In response to the pandemic, the US government implemented a variety of policies to support individuals, families, and businesses affected by the pandemic.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was one of the most significant pieces of legislation passed to address the economic fallout of the pandemic.
The CARES Act included several provisions aimed at mitigating the pandemic's economic effects. These included:
1. Direct payments to individuals: The CARES Act provided a one-time payment of up to $1,200 per individual and $2,400 per couple, as well as an additional $500 per child.
2. Unemployment benefits: The CARES Act expanded unemployment benefits by increasing the amount of money individuals could receive, extending the duration of benefits, and making benefits available to self-employed workers and independent contractors.
3. Small business support: The CARES Act provided loans and grants to small businesses affected by the pandemic. The Paycheck Protection Program (PPP) was one of the most significant components of the small business support, which provided forgivable loans to businesses to help cover payroll and other expenses.
4. Economic impact payments: The CARES Act also included provisions to support businesses affected by the pandemic, such as tax credits and deferments.
In addition to the CARES Act, the US government implemented other policies to address the pandemic's economic effects, such as extending tax deadlines, providing rental assistance, and offering loan forbearance options.
Overall, the US government implemented a variety of policies to mitigate the economic effects of the COVID-19 pandemic. While the policies were not without controversy or criticism, they provided essential support to individuals, families, and businesses affected by the pandemic.
Learn more about E-government
https://brainly.com/question/381572
#SPJ11
Why are positive customer relations important?
Answer:
So the consumers knows they have a positive review on buying something from you and they will most likely come back to buy more