The individuals, groups, or organizations that contribute to the marketplace of ideas include the following: Politicians.Peers.Social media.Magazines.Creative artists.Writers. News outlets.
Individuals, groups, or organizations that contribute to the marketplace of ideas are necessary for the smooth functioning of a free and open society. The marketplace of ideas is defined as a social, economic, and cultural space in which various ideas compete for acceptance and influence within the general public.
Therefore, the individuals, groups, or organizations that contribute to the marketplace of ideas play a vital role in shaping and moulding society. Ideas that are put forward must be subject to critical inquiry and challenge in the public arena, which is why the marketplace of ideas is important.
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Question #5
Multiple Choice
include businesses that buy products or services from another business to help produce products or services for their own
business to sell.
O Consumer markets
O Industrial markets
O Markets
None of the above
Answer:
I think industrial markets
LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, unearned service revenues was $13,000, and prepaid expenses were $17,500. At December 31, unearned service revenues was $18,600, and prepaid expenses were $23,100. The service revenues on cash basis is:
Select one:
a. $155,000
b. $147,600
c. $142,000
d. $136,400
At the end of the year, prepaid expenses were $23,100 and unearned service revenues were $18,600. The service's cash basis revenues total $136,400.
$142,000 plus $97,000, or $136,400, is the service revenue on a cash basis.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
To determine how effectively a business collects unpaid debt, it is important to review the cash flow statement. Contrarily, sales will only be recorded as revenue in cash accounting after money has actually changed hands. A "receipt" is money given to a business. An example of an activity that results in a receipt but no revenue is when a consumer prepays for a service or undeliverable products.
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Ethel is a widow and is approaching 75 years of age. Historically, she has deposited all of her money into her bank savings account and invested in certificates of deposit (CDs) offered by her bank. The yields from her savings accounts and on CDs have gone down significantly. Ethyl would like a higher yield from her investments than what she is currently achieving so she comes in to see you, an agent at a broker/dealer. Which of the following would be an appropriate investment strategy for Ethyl, given her history and her situation?
[A] Ethel should maintain an appropriate savings balance to cover unforeseen circumstances and continue to invest in CDs, despite her desire for higher yields.
[B] Ethel should maintain an appropriate savings balance to cover unforeseen circumstances and should consider investing in a few large-cap securities that the agent will pick for her.
[C] Ethel should maintain an appropriate savings balance to cover unforeseen circumstances and should consider investment in a balanced mutual fund, which carries lower risk, higher yields than CDs, and the potential for growth.
[D] Ethel should maintain an appropriate savings balance to cover unforeseen circumstances and should consider investment in a corporate securities income fund, comprised of small, mid, and large capitalization corporate bonds and corporate preferred stock.
Answer: C. Ethel should maintain an appropriate savings balance to cover unforeseen circumstances and should consider investment in a balanced mutual fund, which carries lower risk, higher yields than CDs, and the potential for growth
Explanation:
Given Ethel situation and history, Ethel should maintain an appropriate savings balance to cover unforeseen circumstances.
As a result of her age and due to the fact that she possesses a limited investment experience, there may be too much risk for her if she focuses on large-cap securities
Therefore, she should should consider investment in a balanced mutual fund, which carries lower risk, higher yields than CDs, and the potential for growth.
_____ is the process of generating new and useful ideas concerning new products, services, manufacturing methods, and administrative processes.
Creativity is the process of generating new and useful ideas concerning new products, services, manufacturing methods, and administrative processes.
Why are manufacturing processes important?Manufacturing enables companies to sell completed goods for more money than they paid for the raw materials they used. Using assembly line techniques and cutting-edge technologies as key resources, large-scale manufacturing enables the mass production of commodities.
What does a manufacturing process actually entail?By combining supplies, ingredients, or raw materials according to a formula or recipe, process manufacturing makes products. It is widely utilized in enterprises that manufacture things in large quantities, such as those that produce food, drinks, refined oil, gasoline, pharmaceuticals, chemicals, and plastics.
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At least five important things tara is learning from observing and interacting with her mother.
Answer:
Explanation:
Communication Skills: Tara learns how to communicate effectively by observing her mother. She learns how to express herself, listen attentively, and engage in meaningful conversations. Tara learns the importance of clear and respectful communication from her mother's interactions.
Empathy and Compassion: By observing her mother's interactions with others, Tara learns how to empathize with people and show compassion. She sees her mother offering support, understanding, and kindness, which helps Tara develop her own empathy and compassion towards others.
Life Skills: Tara learns practical life skills by observing her mother's daily activities. She may learn how to cook, clean, organize, manage finances, or take care of household tasks. These skills are essential for Tara's personal development and future independence.
Values and Morals: Tara learns about values and morals by observing her mother's behavior and decision-making. She learns about honesty, integrity, respect, and other important ethical principles. Her mother's actions serve as a role model, helping Tara shape her own values and moral compass.
Problem-Solving and Decision-Making: Tara learns problem-solving and decision-making skills by watching her mother navigate various situations. She observes how her mother analyzes problems, weighs options, and makes choices. This teaches Tara critical thinking and the ability to make informed decisions in her own life.
These are just a few examples of important things Tara can learn from observing and interacting with her mother. The specific lessons may vary depending on the individual experiences and dynamics between Tara and her mother.
Q09: Business Processes include which of the following? Workflow Controls Timing, Time Fences All choices Data Objectives
Business processes include workflow controls, timing, time fences, data objectives .Workflow Controls Timing, Time Fences All choices Data Objectives
Business processes refer to the systematic series of activities or steps that organizations undertake to achieve specific objectives. These processes encompass various elements, including workflow controls, which involve defining and managing the flow of tasks and information within the organization. Timing is crucial in business processes as it involves scheduling activities and ensuring they occur at the right time. Time fences are predetermined points in time that establish deadlines or limits for specific activities or decisions. Data objectives involve defining the desired outcomes and goals related to data management and utilization within the business processes.
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Marlon intends to sell a piece of real estate he owns and contracts Nita, a real estate broker, to make the sale. In the contract, Marlon authorizes Nita to make the sale at or above a minimum price he wants and the date by which he wants the sale to be completed. The contract also stipulates that Marlon should not hire another broker to sell that piece of land till the expiry of the contract period. Nita finds a suitable buyer, makes the sale in time, and is paid by Marlon for her services.
Which of the following types of agency had Marlon and Nita entered into?
A) apparent agency
B) agency by ratification
C) implied agency
D) express agency
Answer:
D) express agency
Explanation:
From the question, we are informed about Marlon who intends to sell a piece of real estate he owns and contracts Nita, a real estate broker, to make the sale. In the contract, Marlon authorizes Nita to make the sale at or above a minimum price he wants and the date by which he wants the sale to be completed. The contract also stipulates that Marlon should not hire another broker to sell that piece of land till the expiry of the contract period. Nita finds a suitable buyer, makes the sale in time, and is paid by Marlon for her services. In this case, the types of agency had Marlon and Nita entered into is express agency. Express agency can be regarded as an agency that is been set up through an oral or a written agreement that exist between agent and principal. This gives indication of their express intent as regards this representational status. In this agency, the written or spoken words of the principal is used in authorizing the agent so that he can to act on behalf of the principal. An agency can be regarded as contract which could be express or implied.
Commitment decision can assist a school leaver to adapt to change of entrepreneurship
Answer:
When battling unemployment, entrepreneurship is a solution, entrepreneurs open doors to new ventures, new business, new alliances etc. When an investor puts money into a startup or a venture, the entrepreneur automatically gets to expand its team to scale the venture and hence providing employment to more people.
^_________^ <3
If the number of students graduating universities with bachelor degrees increases, how will this affect the location of a country's production possibilities curve? a. There will be no change in the location of a country's production possibilities curve. b. The country's production possibilities curve will shift to the right. c. The country's production possibilities curve will shift to the left. d. The country's production possibilities curve will not shift; however, the country will be producing inside its production possibilities curve.
The correct answer is b. The country's production possibilities curve will shift to the right.
The production possibilities curve represents the maximum potential output of an economy given its available resources and technology. It shows the different combinations of goods and services that can be produced efficiently.
When the number of students graduating universities with bachelor degrees increases, it implies an increase in the country's human capital and skills. Human capital refers to the knowledge, skills, and abilities of individuals that contribute to their productivity.
With a larger pool of graduates and increased human capital, the country will have a more educated and skilled workforce. This will likely lead to increased productivity and efficiency in various sectors of the economy.
As a result, the country's production possibilities curve will shift to the right, indicating an expansion of its potential output. This shift implies that the country will be capable of producing more goods and services than before, given the same resources and technology.
Option d is incorrect because the statement mentions that the production possibilities curve will shift, indicating an outward expansion. Therefore, the country will not be producing inside its production possibilities curve.
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the manager is reviewing the implementation of the transitional relationship model (trm) on a care area. which data should the manager identify that supports the successful implementation of this model? select all that apply.
For the Transitional Relationship Model (TRM) to be implemented successfully, the management should identify the following data: Clients are discharged 5 days earlier than previously, and the number of readmissions has decreased 6% during the past 2 months.
Unless a therapeutic relationship is established with a public care provider, the transitional relationship model (TRM) supports clients discharge by offering peer support and hospital staff participation.
An indigenous technique was used to analyse qualitative data in order to learn about people's perceptions and experiences with TRM implementation as well as to assist pinpoint the major problems that were either facilitating or impeding it.
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When does information become a liability for an organization? a. when it is not managed properly b. when there are fewer people to collect information c. when information is not stored in paper documents d. when information is not stored in electronic documents
Information becomes a liability for the firm when it is not managed properly. Hence, option A is the correct answer.
Liabilities encompass all current and future debts owed by your company. Loans, legal debts, and other obligations incurred through normal company activities fall under this category. The loans are frequently utilized to fund business operations, as well as to pay for expansions and new equipment.
You need to establish a contingent liability account in order to record how much you estimate the exposure to be when information becomes harmful to you, say during litigation.
A contingent liability is a debt or possible loss that might materialize in the future depending on how a certain event plays out. Contingent liability can take the form of pending investigations, product warranties, and potential litigation.
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using the regression output, identify the standard deviation of the residuals and explain what it means in the context of the problem.
To identify the standard deviation of the residuals from a regression output, you would typically look for the value labeled as "Residual Standard Error" or "Root Mean Square Error." This value represents the average amount that the actual data points deviate from the predicted values in the regression model. In other words, it measures the spread or variability of the residuals around the regression line.
The standard deviation of the residuals is important because it tells us how well the regression model fits the data. A smaller standard deviation indicates that the model is a better fit for the data, while a larger standard deviation suggests that there may be some unexplained variability or errors in the model. Additionally, the standard deviation of the residuals can be used to estimate the precision of the model's predictions, as it represents the typical amount of error that we can expect when using the model to make predictions for new data points.
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The beta of Hardrie of is 1.3. hardrie is evaluating a merger with Tiffany, a company that has a beta of 0.75. Hardtie stock for Php50 per share and there are 20 million shares outstanding Tiffany's stock sells for Php 70, with only 4 million shares outstanding. What will be the merged firm's beta?
The merged firm's beta would be approximately 1.13, calculated as a weighted average of the individual betas of Hardrie and Tiffany based on their market values.
To calculate the merged firm's beta, we need to consider the individual betas of both companies and their respective market values. Hardrie has a beta of 1.3, while Tiffany has a beta of 0.75.
By taking the weighted average of the individual betas based on their market values, we can determine the merged firm's beta. Hardrie's market value is calculated as the stock price (Php50) multiplied by the number of shares outstanding (20 million), resulting in Php1 billion. Tiffany's market value is determined by multiplying the stock price (Php70) by the number of shares outstanding (4 million), which gives a total of Php280 million.
Next, we calculate the weights for each company by dividing their respective market values by the total market value of both companies. Hardrie's weight is approximately 0.78, while Tiffany's weight is around 0.22.
Finally, we compute the merged firm's beta by multiplying each company's beta by its corresponding weight and summing the results. Using the formula: Merged Beta = (Hardrie Beta x Hardrie Weight) + (Tiffany Beta x Tiffany Weight), we obtain a merged beta of approximately 1.13.
Therefore, the merged firm's beta would be approximately 1.13, representing the combined risk profile of both companies after the merger.
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Noah Construction Company is building a large complex for a contract price of $5,000,000. This is a three-year project and the requirements for recognizing revenue over time are met. The total estimated cost of the project is
Answer:
$625,000
Explanation:
Calculation for how much income is recognized in Year 3
First step
Year 1 2 3
Cost incurred Till date
1000 (1000+1500)2500 (2500+1250)3750
Estimated cost to complete
3000 1500 0
Total cost of contract
4000 4000 3750
Second step
Using this formula to calculate for the percentage of completion for each year
Percentage of completion =Cost incurred till date /Total cost
Let plug in the formula
Yeat 1= 1,000/4,000 =25%
Year 2= 2,500/4,000 =62.5%
Year 3=3,750/3,750 =100%
Last step
Year 1 2 3
Contract price 5000 5000 5000
Less:Total cost (4000) (4000) (3750)
Gross profit 1000 1000 1250
Percentage of completion
25% 62.5% 100%
Gross profit to be recognized till date (1000*25%)=250 (1000*62.5%)=625 (1250*100%)=1,250
Less:Gross profit recognized till prior year
0 -250 -625
Gross profit to be recognized in current period
250 375 625
Hence;
Year 1 Gross profit is $250,000
Year 2 Gross profit is $375,000
Year 3 Gross profit is $625,000
Therefore the amount of income recognized in year 3 will be $625,000
What is unemployment
Answer:
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15)[2] not being in paid employment or self-employment but currently available for work during the reference period.
Explanation:
At The Extra;-
Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed).
Pls Rate And Brainliest
Answer:
a situation when a person actively searches for employment but is unable to find work.
Select the correct answer.
Kruger Trading Inc. buys goods on credit. In which two accounts will the company post this transaction after entering it into the journal?
Answer:
с. Purchases and Creditors
Multiple choices
A. Goods and Cash
В.Goods and Creditors
с. Purchases and Creditors
D.Purchases and Cash
Explanation:
The purchase account is used to record purchased goods. Accountants and bookkeepers usually do not operate a goods account. When goods are purchased, they increase the purchases account.
Purchased goods are either paid in cash or on credit. Cash purchases reduce cash held in the business and are recorded in the cash account. Credit purchases increase liabilities and are recorded in the creditor's accounts.
If costs $3. 45 to buy 3/ 4 lb of chopped walnuts. How much would it cost to purchase 7. 5 lbs of walnuts?.
7.5 lb of walnuts will cost $34.50
The first step is to calculate the price of 1 lbs of walnut
$3.45= 3/4 lb
x= 1 lb
cross multiply
3.45 × 1= 3/4x
3.45= 0.75x
x= 3.45/0.75
x= 4.6
Therefore it will take $4.6 to make 1 lb
The next step is to calculate the cost of 7.5 lbs of walnuts
4.6= 1
x= 7.5
Cross multiply
x= 4.6 × 7.5
= $34.5
Hence 7.5 lb of walnuts will cost $34.50
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A credit card company advertises an APR of 14.7%, compounded daily. What
is the effective interest rate? Round your answer to two decimal places.
Answer:
16%
Explanation:
Effective interest rate = (1 + i/m)^m - 1
= (1 + 0.147/365)^365 - 1
= 0.1583
= 0.16 = 16%
Sometimes news organizations have biases because:
A. they are concerned about a national crisis.
B. the government pays them to be biased.
C. they need to make money and get advertisers.
D. the audience has to be influenced.
Answer:
c
Explanation:
Sometimes news organizations have biases because they need to make money and get advertisers. Hence, option C is correct.
What is organizations?a group of people who work together in an organized way toward a common objective: the World Health Organization. The essay was about international aid organizations. more occurrences.
A structured grouping of people, such as a company, nonprofit, political party, or club, is known as an organization. These speciality schools are mostly run by nonprofit organizations. a report from the International Labor Organization.
The majority of firms today use one of three types of organizational structures: functional, departmental, or matrix. The advantages and disadvantages of each form must be considered by owners before deciding which to utilize for their business.
Thus, option C is correct.
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1. John has a utility function of the following: U(L,C)=LβC1−β, where L is leisure and C is consumption. If he works, he receives a real wage w. Outside of the labor market, he has nonlabor market income V. And his endowment of time T is normalized to 1 . And the price of goods p is also normalized to 1. (a) Please write down his budget constraint. (b) Assuming β=2′1,V=100,w=200, what is his optimal supply of labor? (c) How much total income does he have? (d) How much consumption will he make? (e) Now, consider the case where John is subject to a 10% income tax on labor income only. What is his new optimal supply of labor? (f) Compare the result in (b) and (e). Elaborate on how income tax affect John's labor supply decision.
(a) C + wL = V + w(1 - T). Optimal supply of labor depends on specific parameters and preferences. Total income = Labor Income + Non-Labor Income = wL + V. Consumption = Total Income - wL. New optimal supply of labor depends on the impact of the income tax on after-tax wage rate.
(a) The budget constraint is represented by the equation C + wL = V + w(1 - T), where C is consumption, L is leisure, w is the real wage, V is non-labor market income, and T is the endowment of time.
(b) To determine the optimal supply of labor, we need specific values for parameters. Given β=2, V=100, and w=200, we need additional information to calculate the optimal supply of labor.
(c) Total income is the sum of labor income and non-labor income, which can be calculated as Total Income = wL + V.
(d) Consumption is equal to total income minus labor income, so Consumption = Total Income - wL.
(e) When subject to a 10% income tax on labor income, John's new optimal supply of labor will be affected, and we would need more information to calculate the new optimal supply.
(f) The income tax on labor income can impact John's labor supply decision by reducing his after-tax wage rate, potentially leading to a decrease in his optimal labor supply. The exact effect depends on his specific preferences and the magnitude of the tax rate.
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how do ms-drgs encourage inpatient facilities to practice cost management?
the MS-DRGs system encourages inpatient facilities to practice cost management by providing financial incentives for efficient and high-quality care.
MS-DRGs are medical reimbursement systems for inpatient hospital stays. MS-DRGs allow hospitals to plan for and control the cost of inpatient care.
MS-DRGs incentivize hospitals to manage costs by grouping patients according to diagnosis and treatment. It is a payment system based on patient clinical data that determines the cost of care.
Hospitals that can manage their costs efficiently, provide higher-quality care, and achieve better patient outcomes will be financially rewarded. MS-DRGs promote a culture of cost management by giving hospitals an economic incentive to reduce costs while improving care.
Hospitals that can efficiently manage their resources and reduce unnecessary utilization will benefit financially and provide better outcomes for patients.
In conclusion, the MS-DRGs system encourages inpatient facilities to practice cost management by providing financial incentives for efficient and high-quality care.
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Shuri is revamping her company to clarify the chains of command, the tasks assigned to each worker, the official policies and procedures, and her expectations for cooperation and teamwork. Shuri is:.
By reshaping her company to clarify the chains of command, the tasks assigned to each worker, the policies and procedures according to her expectations of cooperation, Shuri is increasing organizational synergy.
Importance of synergyIn an organization, synergy corresponds to simultaneous efforts, that is, cooperation that will lead to the integration of employees and organizational goals and objectives.
Therefore, by increasing synergy, Shuri aims to integrate organizational resources with the workforce, increasing cooperation, communication and organizational culture, focused on development and continuous improvement.
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The following table provides Real GDP, Disposable income, Consumption …. data (Trillions of $) for an economy. Use the table to answer questions A-E.
What is the equilibrium level of Real GDP? (2 points)
Calculate the Marginal Propensity to consume (MPC). (2 points)
Calculate Marginal Propensity to save (MPS). (2 points)
Calculate the spending multiplier. (2 points)
If government spending increases by $100 billion, what is the maximum change in Real GDP? (2 points)
A) To calculate the Marginal Propensity to Save (MPS), we need to divide the change in savings by the change in disposable income. MPS = Change in Savings / Change in Disposable Income. Based on the provided table, the change in savings is $0.2 trillion and the change in disposable income is $0.4 trillion. Therefore, MPS = 0.2 / 0.4 = 0.5 or 50%.
B) To determine the maximum change in Real GDP with a $100 billion increase in government spending, we need to use the multiplier effect formula. The multiplier effect measures the total impact of a change in spending on the economy. The formula is 1 / (1-MPC), where MPC is the Marginal Propensity to Consume. Based on the provided table, the MPC is 0.8 or 80%. Therefore, the multiplier effect is 1 / (1 - 0.8) = 5. With a $100 billion increase in government spending, the maximum change in Real GDP would be $100 billion x 5 = $500 billion.
In conclusion, the Marginal Propensity to Save (MPS) is 50% which means that for every dollar increase in disposable income, 50 cents will be saved. The multiplier effect formula helps us calculate the maximum impact of changes in spending on the economy. With a $100 billion increase in government spending, the maximum change in Real GDP would be $500 billion. This means that the government spending has a significant impact on the economy and can lead to an increase in overall economic activity.
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What is the define hotel houseman?
The term "hotel houseman" refers to a member of the hospitality industry who assists visitors who want cleaning services as well as maintains and repairs the accommodation.
The front door, lobby, public restrooms, elevators, pool, guest halls, fitness centre, employee break room and bathroom, and all meeting rooms must all be cleaned by the houseman.
The houseman should exhibit excellent customer service abilities and finish jobs on schedule. outstanding organising abilities. good manners and communication abilities. Possess the stamina to spend the most of the day on their feet and the strength to lift big items like furniture or bags. ability to manage the day-to-day responsibilities of a home.
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a bond is redeemable in eight years at 120% of its par value. the bond pays an annual coupon rate of 6%. calculate the premium as a percent of the par value if the bond is purchased to yield 6% annually.
Using a financial calculator or spreadsheet, we can input the following variables:
- N (number of periods): 8
- I/Y (yield): 6%
- PMT (coupon payment): 6% of the par value
- FV (future value): 120% of the par value
Solving for PV (present value), we get:
PV = $1,000 / (1 + 6%)^1 + $60 / (1 + 6%)^2 + ... + $1,200 / (1 + 6%)^8
PV = $851.36
This means that the bond is worth $851.36 today if it is purchased to yield 6% annually.
To calculate the premium as a percent of the par value, we can subtract the present value from the future value and divide by the par value:
Premium = ($1,200 - $851.36) / $1,000
Premium = 34.86%
Therefore, the premium as a percent of the par value is 34.86% if the bond is purchased to yield 6% annually.
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a compensation plan that bases pay of an employee on his or her performance is called a(n) plan.
A compensation plan that bases an employee's pay on his or her performance is called a performance-based compensation plan. This type of plan rewards employees based on how well they meet or exceed predetermined performance goals or metrics.
Performance-based compensation plans can take many forms, such as bonuses, commissions, profit sharing, or stock options. The goal of these plans is to incentivize employees to work harder and achieve better results, ultimately leading to improved company performance.
One advantage of performance-based compensation plans is that they can align the interests of employees with the goals of the company. When employees are rewarded for achieving specific performance targets, they are motivated to work towards those targets and contribute to the success of the company.
Additionally, performance-based compensation plans can help attract and retain top talent, as high-performing employees are more likely to stay with a company that rewards them for their hard work.
However, performance-based compensation plans can also have some drawbacks. For example, they can create unhealthy competition among employees and lead to a focus on short-term results rather than long-term success.
Additionally, defining and measuring performance can be challenging and may lead to disagreements or dissatisfaction among employees.
Overall, performance-based compensation plans can be an effective tool for incentivizing and rewarding employees, but they need to be carefully designed and managed to ensure they align with the company's goals and values.
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What is the typical way that interest groups try to influence policy making in the judicial branch?
Interest groups operate in a variety of ways to influence courts. Interest groups often submit amicus curiae briefs (friends of the court) to discuss specific issues.
Interest groups need a lot of money to successfully lobby. Washington DC. is one of the most expensive cities in America, so just setting up an office there can be very expensive. Stakeholders also cover food, travel and other operating costs, which can be substantial. Money alone does not allow interest groups to have influence, but lack of money usually paralyzes them. Lobbyists must also have a good reputation. For example, lobbyists who lie to legislators may be shunned or lose customers. Honesty is therefore in the lobbyist's best interest.
Interest groups influence government using one of his two strategies, the inside game and the outside game. Inside games refer to attempts to persuade government officials through direct contact with insiders. Another term for inside games is lobbying. Washington is filled with thousands of lobbyists covering every imaginable issue and perspective. Lobbyists typically work for interest groups, corporations, or law firms that specialize in professional lobbying.
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Jonah had $25 to spend. He
decided to buy a new shirt
instead of going to the
amusement park with his
friends, Jonah has: purchased a
service, made an economic
tradeoff, made a poor
economic decision, or ignored
the concept of scarcity
Answer:
ignored the concept of scarcity
58:50
Shona is buying a rug for her room. Store A has the rug for $45 with a 10% discount. Store B has the same rug for
$46 and is offering a $10 off coupon. The sales tax is 6% on either purchase. If Shona only has $40 to spend, which
store will she purchase the rug from, and how much will she have left over?
Answer:
Shona can afford the rug in store B. She will have $1.84 left over.
Pronghorn Inc. has a patent that will expire in two years. The firm is expected to grow at a 9.5 percent for the next two years and dividends will be paid at year end. It just paid a dividend of $1. After two years, the growth rate will decline to 3.5 percent immediately, and the firm will grow at this rate forever. If the required rate of return is 10 percent, value the firm's current share price. (ROUND INTERMEDIATE CALCULATIONS TO 4 DECIMAL PLACES, E.G. 1.1712 AND THE FINAL ANSWER TO 2 DECIMAL PLACES E.G. 45.17).