The monthly demand for a product is normally distributed with mean of 1500 units and standard deviation of 200 units. 1. Find the probability that demand in a given month is between 1271 and 1595 units. 2.If at the beginning of a month 1937 units are stocked, what is the probability that demand exceeds this amount (experiencing stock-out)? The potential answers are: 3. If we want to set the probability of stock-out at 2%, how many units shall we have in stock at the beginning of the month? The potential answers are:

Answer:20% off is better and it is the only offer which is under the budget.

Explanation:Given,

The original cost of the dining set = $ 1,500,

If there is a off of 20%,

Then the discount on dinning table = 20% of 1500

= $ 300

So, the final amount of the dinning table after 20% off = 1500 - 300 = 1200 < 1250

Thus, it under the budget.

Now, in $ 200 rebate,

The new cost of the dinning table = 1500 - 200 = $ 1300 > 1250,

Thus, it is not under budget.

While, In $150 coupon,

The new cost of the dinning table = 1500 - 150 = $ 1350 > 1250,

Thus, it is not under budget.

20% off is better and it is the only offer which is under the budget.

20% off of the $1,500 dining set is $300, and the dining set price will be 1500 - 300 = $1200.

And by applying the $150 coupon, the dining set price will be $1500 - $150 = $1350.

Therefore 20% off is better and it is the only offer which is under the budget.

Problem-solving is the act of defining a problem; figuring out the purpose of the trouble; identifying, prioritizing, and selecting alternatives for an answer; and imposing an answer.

Problem-solving starts with identifying the issue. As an example, a trainer may need to parent out a way to improve a scholar's overall performance on a writing talent test. To do that, the instructor will overview the writing exams looking for regions for improvement.

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a. The four-firm concentration ratio of the hamburger industry in this town is "67 percent".

To calculate the four-firm concentration ratio, we add up the market shares of the four largest firms in the industry. In this case, the four largest firms have market shares of 27%, 26%, 22%, and 12%, respectively. Adding those together, we get 87%. Since the market share of the fifth-largest firm is 7%, the four-firm concentration ratio is 87% - 7% = 80%.

b. The Herfindahl index for the hamburger industry in this town is **3,445**.

To calculate the Herfindahl index, we square the market shares of each firm, sum those values, and multiply by 10,000. In this case, the calculation is:

(27^2 + 26^2 + 22^2 + 12^2 + 7^2 + 4^2 + 2^2) * 10,000 = 3,445

c. If the top three sellers combine to form a single firm, the four-firm concentration ratio would be **51 percent**, and the Herfindahl index would be **2,590**.

Combining the market shares of the top three firms (27%, 26%, and 22%), we get a market share of 75%. Adding in the market share of the fourth-largest firm (12%), we get a four-firm concentration ratio of 87% - 12% = 75%. To calculate the new Herfindahl index, we square the market share of the new firm (75%), add that to the sum of the squared market shares of the remaining firms (7^2 + 4^2 + 2^2), and multiply by 10,000. The calculation is:

(75^2 + 7^2 + 4^2 + 2^2) * 10,000 = 2,590

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Excluding discouraged workers from the official unemployment rate may cause the official rate to Understate the true extent of underemployment.

What happens when they are reclassified as discouraged workers?

(1) official unemployment rate= unemployed/(employed + unemployed)

= 6197000 / 155604000 + 6197000 * 100

= 3.83%

(2) U-4 unemployment rate= (unemployed +discouraged) /(employed +unemployed+ discouraged)

=6197000+ 434000 / 155604000+ 6197000 + 434000 * 100

= 4.09%

Excluding discouraged workers from the official unemployment rate may cause the official rate to Understate the true extent of underemployment.

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Answer:

Informative.

Explanation:

Answer: D) the tax money comes out of the citizen’s earned income and overall wealth.

Explanation:

Just took the test.

In a step acquisition, when Company A obtains control over Company B, the parent company (Company A) should account for its previous Non-Controlling Interest (NCI).

In Company B by recognizing a gain or loss for the difference between the fair value of the consideration transferred to the NCI holders and the carrying amount of the NCI in Company B.

To illustrate, assume Company A paid $2 million to acquire its controlling interest in Company B and its previous NCI interest was carried at $1 million. In this case, Company A would recognize a gain of $1 million in its income statement to account for its previous NCI interest.

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The three key roles of the scrum process includes a. Product owner, b. Development team, e. Scrum master.

Scrum is an agile software development methodology that relies on incremental and iterative processes. Scrum is an agile framework that is quick, flexible, adaptable, and effective and is made to provide value to the client throughout the course of the project.

Scrum is a particular kind of agile framework. It is a framework within which people can address complex adaptive problems while maintaining the highest levels of productivity and creativity in the product they deliver. Iterative process is used in Scrum.

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When the Grievance Committee suspects possibly unethical behavior, they hold an investigation to see if the Code's provisions have been broken. A code of ethics outlines the moral principles and best practices that an organization should adhere to in order to be honest, ethical, and professional. If an organization's members violate the code of ethics, there may be consequences, including firing.

The grievance committee main responsibility is to examine complaints that haven't been settled at the staff or administrative levels and, if necessary, to mediate disputes. Examples of this type of grievance include discipline, unethical conduct, categorization conflicts, benefit denial, and so on.

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The market model in which there would be some control over price within rather narrow limits is monopolistic competition. The correct option is A.

In monopolistic competition, there are many sellers who offer similar but not identical products. Each seller has a small market share, and the products are differentiated based on factors like quality, design, packaging, and branding. Therefore, sellers can exert some control over the price of their products because consumers may be willing to pay a higher price for the unique features they offer.

However, the control over price is limited by the availability of substitutes, the price elasticity of demand, and the competition from other sellers. If a seller raises the price too much, consumers may switch to a cheaper substitute or a similar product from another seller.

Hence, the control over price in monopolistic competition is within rather narrow limits, and sellers must balance their pricing strategy with the need to remain competitive and profitable. The correct option is A.

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Answer:

im pretty sure it would be A

Explanation:

Bad time management causes low productivity since tasks aren't planned out or given priority. It may cause individuals to miss out on time from routine duties and finally result in burnout. Setting attainable goals is one of several strategies for enhancing time management abilities.

Some of the most common effects of poor time management among college students include lack of sleep, decreased academic performance, continuous procrastination, poor nutrition, and a higher risk of dropping out. Students frequently miss class, rush through tasks, and submit subpar work as a result.

You can end up working longer and longer hours to do your task as a result of poor time management, which will leave you exhausted, stressed, burnt out, and unwell with less time for your personal life.

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Answer:

answer is b

Explanation:

Answer:

the answer is b

Explanation:

i got it right on edmentum

Answer:

Answer is B

Explanation:

Martha is already familiar with the field she's venturing into. She's passionate about what she does thus, this can be convenient when you have a clear background or experience of the business you want to establish

The bond portfolio construction method that is based on a phase-in of purchases in installments over time is called the laddering strategy.

Under the laddering strategy, the bond portfolio is constructed by dividing the investment amount into equal parts and investing those parts in bonds with varying maturities. For example, an investor may divide their investment into five equal parts and purchase bonds with maturities of 1 year, 2 years, 3 years, 4 years, and 5 years, respectively.

As each bond matures, the proceeds are reinvested in a new bond with the longest maturity in the ladder. This allows the investor to maintain a consistent average maturity for the portfolio while also providing liquidity as bonds mature at regular intervals.

The laddering strategy is a popular method for managing bond portfolios because it can help reduce interest rate risk, which is the risk that changes in interest rates will impact the value of the portfolio.

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If employees at Microsoft see their committed coworkers downsized due to a forced ranking system, they may perceive this as a breach of their contract. Option C

Forced ranking systems involve evaluating employees against each other, leading to some employees being ranked as low performers, and ultimately getting laid off or downsized. This can create a negative impact on the morale of the employees, who may see their colleagues as committed and hardworking, but still losing their jobs.

The perception of a breach of contract can lead to employee withdrawal, where they become less motivated and disengaged from their work. They may also feel a sense of distrust towards the company, leading to negative behaviors such as absenteeism or even quitting. Furthermore, this can impact the company's reputation and brand image, leading to difficulty in attracting and retaining top talent.

Therefore, it is important for companies like Microsoft to ensure that their performance evaluation systems are fair, transparent, and align with the values and principles of the organization. They should also communicate clearly with employees about the performance evaluation process, the criteria used, and how it will impact their employment status. Option C is correct.

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Christina received an offer for a grant to pay for her college tuition. If she accepts the grant She will not be required to repay the money.

A payment called a grant is a type of financial aid that is given to a recipient by the government or another organization to help them pay for a project or program. Grants typically come in one lump sum, but they can also come in a series of smaller payments spread out over time.

Most of the time, grants are given out based on how well the applicant can show that their project or program is valuable to the public and will help the community in some way. Research grants, educational grants, community development grants, and business grants are all examples of grants. The recipient of a grant payment is not required to repay the grant money.

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Answer:

Revenue Principle and Cost Principle

Explanation:

Revenue principle  defines a point in time when bookkeepers may record a transaction as revenue on the books. This principle states that revenue for the business is earned and recorded at the point of sale.

Cost Principle states that you should use the historical cost of an item in the books, not the resell cost.

Answer:

Matching principle because it is an accounting principle for recording revenues and expenses. It requires that a business records expenses alongside revenues earned.

Disclosure principle because increased transparency in the corporations' operations and management makes it easier for investors to make informed decisions. It also cuts down on the possibility of manipulation or misuse of investors' funds.

No, you should not remain invested in this firm as the expected return of 7.9% from other similar investments is higher.

In evaluating whether to remain invested in the current firm, we compare the expected return from the investment with the expected return of other similar investments. The question states that other long-term investments of similar risk offer an expected return of 7.9%.

The investment in the current firm has produced a profit of $306 from an initial investment of $5,100. To calculate the expected return, we divide the profit by the initial investment and multiply by 100:

Expected return = (Profit / Initial investment) * 100

              = ($306 / $5,100) * 100

              ≈ 6.0%

Comparing the expected return of 6.0% from the current firm to the expected return of 7.9% from other similar investments, it is clear that the other investments offer a higher return.

Therefore, it would be more advantageous to invest in those opportunities rather than remaining invested in the current firm.

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In recent years, the US government has provided soybean farmers with an additional $1.65 per bushel of soybeans sold.

This financial support can be considered as a form of government subsidy provided to the farmers. Government subsidies are financial aids or incentives given by the government to certain industries or individuals to promote specific economic activities or address market imbalances.

The additional payment of $1.65 per bushel of soybeans is an example of a direct payment subsidy. Direct payment subsidies are provided to farmers to help stabilize and support their income, especially in times of market uncertainty or unfavorable conditions.

By receiving this extra amount, soybean farmers are incentivized to continue their agricultural production and contribute to the overall stability and growth of the soybean industry. These subsidies also help ensure a stable supply of soybeans, which is crucial for various industries dependent on soybeans, such as the animal feed industry, biofuel production, and food processing sectors.

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They are added to the cost of goods sold to reflect the higher expenses.

false. unfavorable cost variances are added to the cost of goods sold at standard cost, while favorable cost variances are subtracted from the cost of goods sold at standard cost.

cost variances are the differences between the actual costs and the standard costs. unfavorable variances indicate that the actual costs exceeded the standard costs, which increases the cost of goods sold. on the other hand, favorable variances imply that the actual costs were lower than the standard costs, reducing the cost of goods sold. hence, they are subtracted from the cost of goods sold to account for the savings.

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Answer:

A

Explanation:

Certificate of deposit is a form of deposit where money is deposited in a financial institution for a defined period of time in order to earn a return.

It has advantages in paying higher returns than some other form of savings and is even more secured , however liquidity is forgone for the interest.

This means that you can not withdraw your money before the defined time unless you  are willing to forgo some accumulated interest and also pay early withdrawal penalty.

As cash is tied up , other investment opportunity that could bring a higher investment might be missed.

b) Businesses need government regulations to protect society and consumers by ensuring ethical operations, fair competition, consumer safety, and environmental sustainability.

The main reason businesses need government regulations is to protect the interest of society and consumers. Regulations ensure that businesses operate ethically, responsibly, and in compliance with standards that safeguard public health, safety, and fair competition. Government regulations help prevent fraudulent practices, misleading advertising, and the exploitation of consumers. They set guidelines for product quality, environmental sustainability, and workplace safety, ensuring that businesses prioritize the well-being of individuals and communities. Regulations also promote fair competition by preventing monopolies, price-fixing, and anti-competitive practices that could harm consumers or stifle innovation. By establishing a level playing field, regulations foster trust and confidence in the marketplace. Moreover, regulations play a vital role in sectors such as finance, healthcare, and food safety, where public oversight is crucial to maintain stability, protect vulnerable populations, and prevent systemic risks. Overall, government regulations balance the interests of businesses with the broader welfare of society and consumers.

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If people expect that the price of a gallon of gasoline will rise next week, as a result, they may decide to purchase more gasoline now to avoid the higher prices in the future.

If people come to expect that the price of a gallon of gasoline will rise next week, they may change their behavior in a few ways.

For example, they may decide to fill up their gas tanks earlier than they originally planned in order to avoid paying higher prices later. Additionally, they may start looking for ways to conserve gasoline, such as carpooling or using public transportation, in order to save money.

The expectation of higher gas prices may also affect the overall demand for gasoline, as people may choose to drive less or switch to more fuel-efficient vehicles. Ultimately, the expectation of rising gas prices can have a significant impact on both individual behavior and the overall economy.

If people expect that the price of a gallon of gasoline will rise next week, as a result, they may decide to purchase more gasoline now to avoid the higher prices in the future. This increased demand for gasoline in the present could potentially lead to a temporary spike in prices until the anticipated price increase occurs.

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Answer:

d. All of the above

Explanation:

Government regulations are the rules that players in an industry must abide by. In a free-market economy like the US, the government's main role is to regulate economic activities. The government enforces regulation through its various agencies.

The areas of regulations include but are not limited to

Answer:

$15,000

Explanation:

Calculation for the amount that should be report as goodwill

Fair Market Value of common stock issued for acquisition $400,000

(10,000 shares×$40 fair value)

Less Fair Market Value of Net Assets of Web $385,000

(ASSETS: Cash and receivables $60,000+ Inventory $175,000 +Patented technology (net) $200,000+ Land $225,000+Buildings and equipment (net)$ 75,000 - LIABILITIES $350,000)

GOODWILL $15,000

($400,000-$385,000)

Therefore the amount that should be report as goodwill will be $15,000

The manufacturer of dishwashing soap has just invented a new type of soap that cleans better. The manufacturer should choose to distribute the soap through intensive distribution. Intensive distribution is a type of distribution that aims to make a product available in as many outlets as possible.

This is the ideal strategy for a manufacturer who wants to make their product widely available and appeal to a mass market. Intensive distribution usually involves having the product available in a wide range of retail outlets such as supermarkets, pharmacies, and online stores.The goal of intensive distribution is to make it as easy as possible for consumers to buy the product.

This type of distribution is typically used for products that are consumed on a daily basis and have a high turnover rate. By using an intensive distribution strategy, the manufacturer can ensure that the product is available in as many outlets as possible, making it easier for customers to find and purchase the product. Intensive distribution can be very effective for manufacturers who want to reach a mass market and build brand recognition.

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Answer:

Prepare a detailed business for financial viability study