The change in revenue can be represented as $2Q1 - $14a.The firm’s current price level is $16 and the quantity produced is Q1. With the existing prices, the company earns a total revenue of PQ1 (where P is the price level and Q1 is the quantity sold).The new price level of the company is $14.
The new price level of $14 will attract more customers, and the company’s sales will increase. As a result, the quantity sold will increase from Q1 to Q2.At the new price level, the company will receive total revenue of PQ2 (where P is the price level and Q2 is the quantity sold).Since the quantity sold has not changed in this scenario, the effect of the change in price will be a decrease in the total revenue.
Total revenue will decrease from PQ1 to PQ2 if the company lowers the DVD price from $16 to $14, and the quantity remains the same. In order to calculate the change in revenue, subtract PQ2 from PQ1.
PQ1 - PQ2= $16 * Q1 - $14 * Q2
=$16 * Q1 - $14 * (Q1 + a decrease in quantity)
= $16Q1 - $14Q1 - $14a
= $2Q1 - $14a
Since Q1 is constant and a decrease, therefore the change in revenue can be represented as $2Q1 - $14a.
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Give examples of the ways in which each of the five factors of production can affect the business performance of McDonald's or Walmart.
Explanation:
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Answer:
Give examples of the ways in which each of the five factors of production can affect the business performance of McDonald's or Walmart.
Total sales: $60,230 Rate of commission: 6% on first $40,000
7% on next $10,000;
8% on sales over $50,000
Income: ?
Answer:
1000000 wdnjdkdidhxh fdjjxifid
what was the result on appeal of the r. j. reynolds tobacco case in the text in which the trial court awarded a smoker approximately $200,000 against r. j. reynolds tobacco?
R.J. Reynolds Tobacco Co. prevailed after a state appeals court on Wednesday overturned a $10.6 million judgment against the tobacco company in a case involving a woman's lung cancer death.
Since the spokesperson in the cited instance was made to resemble a cartoon character, entertainomercials are created. Given that the sales presentation featured a cartoon character, let's presume it is a well-known one.
Therefore, sales pitches are referred to as entertainomercials when they contain aspects of prime-time programs.
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u.s. drivers are ranked as the least sensitive to changes in the price of gasoline. for example, if the price rose from $3 to $4 per gallon and stayed there for a year, then u.s. purchases of gasoline would fall only about 5 percent. Calculate the price elasticity of demand for gasoline.
The price elasticity of demand is equal to 5% 28.6%, or 0.17. According to the total revenue test, total revenue rises when demand is inelastic and the price rises.
According to news video, if the price increases from $3 per gallon to $4 per gallon, the quantity demanded drops by 5%. As a result, the requested quantity has increased by 5%. Gasoline will cost $1 more per gallon if the price rises from $3 to $4, bringing the average price to $3.50. As a result, the cost of fuel has increased by 28.6 percent. Demand price elasticity equals 5% 28.6%, or 0.17. How much a product's consumption alters in response to price changes is measured by price elasticity of demand. The good is perfectly elastic if the price elasticity is limitless and the demand changes considerably even with a small price modification.
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A company currently makes a component used in production. The per unit costs incurred to make the component include: Direct materials: $5; Direct labor: $2; Overhead: $4; Total cost: $11. Twenty-five percent of the overhead costs are considered incremental. The company can purchase the component from another source for $10. The company should do which of the following?
A. The company should make the components because incremental costs are $2 less than the purchase price.
B. The company should buy the components to save $2 per unit.
C. The company should buy the components to save $1 per unit.
D. The company can be indifferent because incremental costs are $10 and the purchase price is $10.
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all of a debtor's pay can be garnished. true or false.
False. All of the debtor's pay cannot be garnished
Why cannot the debtor's pay be garnished?
The amount of a debtor's pay that can be garnished is limited by law. Garnishment is a legal process where a portion of a person's wages is withheld to pay a debt, such as back taxes or a court judgment. In the United States, federal law sets limits on the amount of a person's disposable earnings that can be garnished, which is the amount of income left after subtracting required deductions, such as taxes and Social Security. The exact amount that can be garnished depends on the type of debt and the individual's state of residency. In general, the maximum amount that can be garnished is limited to 25% of disposable earnings or the amount by which disposable earnings exceed 30 times the federal minimum wage, whichever is lower.
Hence, the answer is false.
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f the gdp deflator increases from 105 to 120 while nominal gdp increases from $26,000 to $30,000, what is the new level of real gdp? if necessary, round your answer to the nearest hundredth.
The new level of GDP, given the Nominal GDP and the GDP deflator, can be found to be $25, 000
How to find the new level of Real GDP?When using the GDP Deflator, the level of Real GDP can be found by the formula:
= Nominal GDP / GDP Deflator x 100
Nominal GDP increased to $30, 000.
GDP Deflator increased to 120.
The new level of real GDP is therefore:
= Nominal GDP / GDP Deflator x 100
= 30, 000 / 120 x 100
= $25, 000
The new Real GDP would therefore be $25,000.
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Identify and explain two advantages to Mactar of being a public limited company.
Answer:
Advantages and disadvantages of a public limited company
1 Raising capital through the public issue of shares. ...
2 Widening the shareholder base and spreading the risk.
3 Other finance opportunities. ...
4 Growth and expansion opportunities.
5 Prestigious profile and confidence.
6 Transferability of shares.
7 Exit Strategy.
Explanation:
hope it helps!!!
What are three ways to discover how to involved in your chosen career field
Answer:
Research industry information. ...
Find out about professional associations. ...
Research career options using LinkedIn.
Matt wants to start a bait shop from an heritance he received. What two strategies could Matt use to start his business?
A. common stock or retained earnings
B. long term goals or liquid assets
C. common stock or short term liabilities
D. short term liabilities or fixed assets
The two strategies that Matt could use to start his business would be D. short term liabilities or fixed assets .
What strategies would help Mark best ?Matt could use a combination of short-term liabilities and fixed assets to start his bait shop. Short-term liabilities, such as loans or credit lines, can provide the initial funding needed to purchase inventory, equipment, and supplies.
Fixed assets, such as a building or a storefront, can provide a permanent location for the bait shop and help establish a presence in the local community.
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Determine the total annual fica tax for an annual salary of $38,480. (fica is 7.65%) a. $294.37 b. $717.96 c. $2,385.76 d. $2,943.72
The FICA contribution for an annual salary of $38,480 is option D) 2,943.72.
FICA is calculated by multiplying salary by the FICA tax rate of 7.65%. $38,480 x 0.0765 = $2,943.72.
The FICA tax, also known as the payroll tax, allows employers to get money to cover social security programs like unemployment insurance and Medicare. The contribution consists of two parts, one is made by the employee and the other by the employer.
For most US citizens, FICA is the most important because it provides access to funds when they become unemployed or retire.
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Answer:
its d
Explanation:
7. Connor has identified the need to make changes in the efficiency of his customer service
department. In general, he will make changes in which three of the following categories?
Answer:
A) coordinate recruitment and compensation activities
bernard made a gift of $500,000 to his brother in 2014. Due to Bernard’s prior taxable gifts he paid $200,000 of gift tax. When Bernard died in 2019, the applicable gift tax credit had increased. At Bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?
Answer:
$0 is the amount related to the $500,000 gift to his brother that would be included in his gross estate
Explanation:
In this question, we are expected to determine the amount related to the $500,000 gift to his brother is included in Bernard’s gross estate.
The amount related to the $500,000 gift that is included in the gross estate is $0.
We shall be giving the reason for our answer based on time-scale difference.
The difference in the number of years between when the amount was gifted and when Bernard died is 5 years(2015-2019)
It should however be noted that it is only gift tax on gifts within 3 years of death is included in gross estate according to law.
Now, because this gift we are talking about was made more than 3 years before death, $0 is what will be included in Bernard’s gross estate as regards this particular gift.
Explain why it is important to have some goals when developing a budget plan?
Answer:
U might go broke on tha cash
Explanation:
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Explain how the Related Information buttons provide researchers with an efficient researching capability.
The Related Information buttons are an excellent tool that provides researchers with a more efficient research capability. These buttons help to identify and locate additional information that is related to the topic being researched.
When a researcher clicks on one of these buttons, it automatically takes them to a page that contains more information about the subject matter. One of the primary benefits of these buttons is that they help to save time and effort by eliminating the need for researchers to perform additional searches for related information. Additionally, they provide a more comprehensive view of the topic by presenting information from multiple sources. This allows researchers to see different perspectives and gain a deeper understanding of the topic. Another advantage of the Related Information buttons is that they help to eliminate the need for the researcher to sift through irrelevant information.
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How much money is there in the world?
Answer:
nobody don't have any ideas✓✓
All of this depends on currencies in different in countries because it's all worth different amount like 1 US dollar is 0.76 Pounds.
An average for you in USD is 1.4 quadrillion dollars.
rose riley's parents have booked and paid for a family trip to aspen, colorado, during her spring break. rose's friends recently decided to drive to destin, florida, for spring break. rose needs to decide whether to join her parents in aspen or drive to the beach with her friends. the opportunity costs of joining her friends on the trip to destin include each of the following except
Rose needs to decide whether to join her parents in aspen or drive to the beach with her friends. the opportunity costs of joining her friends on the trip to Destin include each of the following except the nonrefundable deposit her friends paid for the beach house in Destin.
What's Friendship?Fellowship is a relationship of cooperative affection between people.It's a stronger form of interpersonal bond than a" familiarity" or an" association", similar to a classmate, neighbor, colleague, or coworker.What's a true friend?Someone who's a true friend stands up for you.When others try to hurt you emotionally or physically, they do everything they can to make sure you stay safe.They do not watch who's trying to harm you; they will defend you anytime.Still, they'll do it without reservation or price If they can help you.Learn more about Friendship here:
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Conflict can result in better performance in which of the following situations?
Task conflict is low and relationship conflict is moderate.
Task conflict and relationship conflict are high.
Task conflict is moderate and relationship conflict is low.
Task conflict is high and relationship conflict is high.
2.Which of the following is considered to be most important in resolving cross-cultural conflict?
nurturing others
building rapport through conversation
being a good listener
avoiding conflict
3.Keisha was promoted to assistant manager. Steve thought that he should have been promoted, while Allison felt that Keisha was the best choice. Steve and Allison have frequent conflicts because Steve keeps pointing out ways that he would have handled different situations more effectively than Keisha. Which of the following best describes the conflict between Steve and Allison?
substantive conflict
process conflict
affective conflict
factual conflict
4.Which of the following best describes a situation in which someone’s behavior is evaluated by someone at an equivalent level of power?
mediation
peer review
conciliation
conciliation
5.According to studies in the text, U.S. negotiators are more likely than Chinese negotiators to focus on deriving self-worth from individual achievements, known as ______.
dignity
face
pride
honor
1. Conflict can result in better performance in the situation where task conflict is moderate and relationship conflict is low.
2. Building rapport through conversation is considered most important in resolving cross-cultural conflict.
3. The conflict between Steve and Allison can be described as affective conflict.
4. Peer review best describes a situation in which someone's behavior is evaluated by someone at an equivalent level of power.
5. U.S. negotiators are more likely than Chinese negotiators to focus on deriving self-worth from individual achievements, known as pride.
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Both passages acknowledge the effectiveness of U.S. farm subsidies inA. stabilizing commodity prices.B. expanding American exports.C. assisting smaller farms.D. increasing agricultural productivity
Farm subsidies are a complex issue and their effectiveness can depend on the specific program and its goals. Here option A is the correct answer.
Some farm subsidies are designed to stabilize commodity prices, others are created to expand American exports, others to assist smaller farms, and others to increase agricultural productivity. Without the context of the passages, it is impossible for me to determine which of these options the passages would acknowledge as the effectiveness of US farm subsidies.
Produce reserves known as buffer stocks are those that have not yet been sold. By storing excess production in a "store" or releasing stock after a poor harvest, they can help keep prices stable. Through purchasing and selling during an intervention, a target price can be reached.
Complete question:
Passage 1 is adapted from Nicholas Heidorn, "The Enduring Political Illusion of Farm Subsidies." ©2004 The Independent Institute. Originally Published August 18, 2004 in the San Francisco Chronicle. Passage 2 is ©2015 by Mark Anestis. Since 1922, the U.S. government has subsidized the agricultural industry by supporting the price of crops (commodity subsidies), paying farmers let their fields go fallow (conservation subsidies), helping farmers purchase crop insurance (crop insurance subsidies), and compensating farmers for uninsured losses due to disasters (disaster subsidies).
Both passages acknowledge the effectiveness of U.S. farm subsidies in
A. stabilizing commodity prices.
B. expanding American exports.
C. assisting smaller farms.
D. increasing agricultural productivity
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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A salesperson receives a base salary of $1,200 per month plus a commission of 6 percent on each sale. The following sales were made this month:
Sale 1 $6,500
Sale 2 $10,320
Sale 3 $700
Sale 4 $1,180
Sale 5 $29,000
Calculate this month's total carnings.
Answer:
$4062
Explanation:
base salary of $1,200
+ 6% of each sale
so $1,200 + $390 + $619.20 + $42 + $70.80 + $1,740
=$4062
This month's total earnings for the salesperson are $4,062.
To calculate the salesperson's total earnings for the month, we need to calculate the commission for each sale and then sum it up along with the base salary.
Base Salary = $1,200 per month
Commission = 6% on each sale
Let's calculate the commission for each sale:
Commission for Sale 1 = 6% of $6,500
= 0.06 * $6,500
= $390
Commission for Sale 2 = 6% of $10,320
= 0.06 * $10,320
= $619.20
Commission for Sale 3 = 6% of $700
= 0.06 * $700
= $42
Commission for Sale 4 = 6% of $1,180
= 0.06 * $1,180
= $70.80
Commission for Sale 5 = 6% of $29,000
= 0.06 * $29,000
= $1,740
Now, let's calculate the total commission earned:
Total Commission = $390 + $619.20 + $42 + $70.80 + $1,740
= $2,862
Finally, let's calculate the total earnings:
Total Earnings = Base Salary + Total Commission
= $1,200 + $2,862
= $4,062
Therefore, this month's total earnings for the salesperson are $4,062.
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Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Which one of these positions within a company deals directly with customers
the most?
Answer:
front-line staff
Explanation:
just took the quiz (vote brainliest plssss)
Answer:
A. Senior management.
B. Frontline staff.
C. Support staff.
D. Middle management.
you are considering quitting your job where you earn $3,100 per month and opening a new business. the cost of renting an office is $2,200 per month, hiring employees would cost $3,400 per month, and utilities would cost $500 per month. the new business will earn a total revenue of $6,000 per month. what is your economic profit per month?
The economic profit=-$3,000, there is incentive to exit market. The economic profit can be defined as the difference between the revenue from sales and the total cost including opportunity cost. This can be expressed as;
P=R-(C+O)
where;
P=economic profit
R=total revenue
C=total input costs
O=opportunity cost
In our case;
R=$6,500
C=(2,100+3,100+100)=$5,300
O=$3,200
replacing;
P=6,500-(5,300+3,200)
P=6,500-8,500=-3,000
The economic profit=-$3,000, there is an incentive to exit the market.
Economics makes a speciality of the behaviour and interactions of economic retailers and how economies paint. Microeconomics analyzes what are considered as basic factors within the economy, inclusive of character dealers and markets, their interactions, and the results of interactions. Person agents may additionally consist of, for instance, families, companies, shoppers, and sellers. Macroeconomics analyzes the economic system as a system wherein production, consumption, saving, and funding have interaction, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, monetary boom, and public guidelines which have impact on these elements.
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Suppose that you have purchased an investment product that makes an annual payment of $2,000 at the end of year for next five years. Assume a discount rate of 4% is applicable to similar investment alternatives. Answer questions (a) and (b) below.
How much would you be willing to pay for the product?
Answer (show the steps/calculation toward your results):
Suppose the investment product will make a payment of $1,000 every six months for next five years, with the first payment to be made in six months from today. How much would you be willing to pay?
Answer (show the steps/calculation toward your results):
To calculate the amount you would be willing to pay for the investment product, we can use the concept of present value. Present value is the current value of a future payment or stream of payments, discounted at a specific rate.
(a) To calculate the present value of the investment product that makes an annual payment of $2,000 for the next five years, we can use the formula for the present value of an ordinary annuity:
PV = PMT × [1 - (1 + r)^-n] / r
Where PV is the present value, PMT is the payment amount, r is the discount rate, and n is the number of periods.
Plugging in the values for this case, we have:
PMT = $2,000
r = 4% or 0.04 (expressed as a decimal)
n = 5
PV = $2,000 × [1 - (1 + 0.04)^-5] / 0.04
Solving this equation, we find that the present value of the investment product is approximately $8,609.07.
To calculate the present value, we use the present value formula for an ordinary annuity. This formula takes into account the payment amount, discount rate, and number of periods. By plugging in the given values, we can find the present value of the investment product.
(b) To calculate the present value of the investment product that makes semi-annual payments of $1,000 for the next five years, with the first payment in six months, we need to adjust the discount rate and number of periods accordingly.
Since the payments are made every six months, we need to divide the discount rate by 2 and double the number of periods. The adjusted values for this case are:
PMT = $1,000
r = 4% / 2 = 2% or 0.02 (expressed as a decimal)
n = 5 years × 2 = 10 periods
Using the same present value formula, we can now calculate the present value:
PV = $1,000 × [1 - (1 + 0.02)^-10] / 0.02
Solving this equation, we find that the present value of the investment product with semi-annual payments is approximately $9,137.11.
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How does the governance of a closely held corporation compare to the statutory model of corporate governance?.
Corporate governance differs from company control in that governance is usually approximately defensive a commercial enterprise, even as control is greater approximately developing it. Governance refers back to the guidelines and methods set in area to make sure a commercial enterprise operates in the regulation and for the superior gain of all stakeholders.
Under the Anglo-American Model of company governance, the shareholder rights are regarded and given importance. They have the proper to go with all of the participants of the Board and the Board directs the control of the company. Some of the capabilities of this version are: This is shareholder orientated version compare corporation.
To date, researchers have diagnosed 3 fashions of company governance in evolved capital markets. These are the Anglo-US version, the Japanese version, and the German version.
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True or False. The people in the stock exchange are paid a share from the investors’ profits.?
Answer:
false
Explanation:
in loan amortization , interest payments and principal payments have inverse relationship
true
false
False. In loan amortization , interest payments and principal payments have inverse relationship
In loan amortization, interest payments and principal payments do not have an inverse relationship. Instead, they have a direct relationship.
Loan amortization refers to the process of gradually paying off a loan over time through regular installments. Each payment typically consists of both interest and principal components.
At the beginning of the loan term, a larger portion of the payment goes towards paying off the interest, while a smaller portion goes towards reducing the principal. As the loan progresses, the proportion of the payment allocated to interest decreases, while the portion allocated to the principal increases.
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How does competition affect international trade?
Greater worldwide market share would be guaranteed by the countries' increased competitiveness, improving their trade balance. As a result, customers would have access to a wide range of commodities at inexpensive prices because of competition in global commerce.
A corporation obtains access to new clients when it becomes more competitive in the global market. This is due to the fact that the business can now provide its goods and services at a cheaper cost than those of its rivals. This enables the business to reach new markets and increase its clientele.
Through commerce, nations may obtain commodities and services that might not otherwise be accessible domestically and grow their markets. Market competition has increased as a result of global commerce. This ultimately leads to more competitive pricing, which lowers the cost of the final product for the customer.
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