Read the scenario below and then answer the question. Sample scenario: Scientists have created a new grass seed that stops grass growth at a specific length, eliminating the need to mow the lawn. The price of this seed is high, but many consumers still want to use it. As a result, several different producers supply a large amount of this seed to consumers. In order to attract consumers to their product, some producers lower their prices and supply fewer bags of seeds. What is the best description of the grass seed that is described in this scenario
Answer: a good with an elastic supply
Explanation:
Price elasticity of supply simply refers to how the changes in market price of a good bring about a responsiveness to the supply of such good.
Based on the information given, the best description of the grass seed that is described in this scenario is that it's a good that has an elastic supply. This is because the price of the good in thus case, is sensitive to the changes in the price.
Answer:
It's a good with an elastic supply
Explanation:
edge 2021
PM Industries has two service departments (Administration and Maintenance) and two operating departments. Departmental costs before allocations are $950,000 for Administration and $1,650,000 for Maintenance. Maintenance costs are allocated on the basis of the number of LPM employees. Administration has 450 employees; Maintenance has 750 employees; Operating Department 1 has 1,350 employees and Operating Department 2 has 1,200 employees. Using the step-down method, how much of the cost from the Maintenance Department will be allocated to Administration
Answer:
The answer is " 873,529.412"
Explanation:
Following are the equation which the administration would be responsible for the costs of the maintenance departments:
[tex]\to 1,650,000 \times \frac{1,350}{(1,350+1,200)}\\\\\to 1,650,000 \times \frac{1,350}{2,550}\\\\\to 1,650,000 \times \frac{135}{255}\\\\\to 1,650,000 \times \frac{27}{51}\\\\\to 1,650,000 \times \frac{9}{17}\\\\\to \frac{14,850,000}{17}\\\\\to 873,529.412[/tex]
"Market Equilibrium" is...
A. The quantity where no more buyers want to buy stock
B. The price range where the quantity supplied equals the quantity demanded
C. What happens when there are the same number of buyers and sellers
D. Where the most trades are made
Answer: B
Explanation: Market equilibrium is when the quantity demanded and quantity supplied are equal
hope this helps good luck :))
Why is it important that your resume, cover letter, and job application all contain the same information?
Answer:
A cover letter is an important way to showcase how your unique combination of skills and experience meet the key requirements of the job description. It is your chance to show a clear link between your knowledge, experience and abilities and the needs of the employer.
Explanation:
pls can someone buy me the upgrade i beg youuu :(
Answer:
no
Explanation:
The County Commission of Benton County adopted its General Fund budget for the year ending June 30,comprising estimated revenues of $3,200,000 and appropriations of $2,900,000.Benton County utilizes the budgetary accounts required by GASB standards.The journal entry to record budgeted appropriations will include
A) A credit to Appropriations,$2,900,000.
B) A credit to Encumbrances,$2,900,000.
C) A debit to Estimated Expenditures,$2,900,000.
D) A credit to Budgetary Fund Balance,$2,900,000.
If the forecast called for the temperature to drop to 35 degrees for two weeks, what would
happen to the supply and demand for lemons?
Answer:
Well the lemons would overall stop growing. Cause they would get to cold and say brrrr! So naturally the fruit stop growing cause it's trying to stay warm. The overall product would slow down then. Also if the coldness was imediate then it would out the lemons into shock.
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Which aspect of the organization should Albert have been aware of before joining it?
Albert has recently joined a business organization. After a few weeks, he has realized that he is not happy with the organization's values,
management style, and policies. He is thus finding it difficult to perform daily tasks. He wishes he had found some information about the
organization's
before joining it
Answer:
well you have to think before taking action in something
What is an example of a common part of a company's brand that would be represented in television
commercials?
Answer:
logos, product, company's name, :DDD and endorsers
The business cycle affects output and employment in capital and durable goods industries more severely than in industries producing non-durable goods because, ______. Multiple choice question. during a boom, business investment in new capital goods and consumer spending on new durable goods decline sharply during a recession, business and consumer spending on nondurable goods decline sharply during a recession, business investment in new capital goods and consumer spending on new durable goods rise sharply during a recession, business investment in new capital goods and consumer spending on new durable goods can be postponed
Answer:
During a recession business investment in new capital goods and consumer spending on new durable goods can be postponed
Explanation:
The business cycle are simply cycles or series of cycles of economic expansion and contraction.
An Economic expansion is simply defined as an increase in the level of economic activity, goods and services available. It is a period of economic growth usually measured by a rise in real GDP.
Economic growth
Economic growth is an increase in the capacity of an economy to produce goods and services, usuallycompared from one period of time to another time.
The four phases of the business cycle are;
1. Peak
2.Recession
3. Trough
4. Expansion
The length of a complete cycle usually varies from 2-3 years to 15 years.
convert the following temperature to Celsius scale (a) 450 k, (b) 273 k, (c) 73 k.
Answer: See explanation
Explanation:
To convert to Celcius scale from Kelvin, the formula to use is:
Temperature in Celcius = Temperature in Kelvin - 273
a. 450k
Temperature in Celcius = Temperature in Kelvin - 273
= 450 - 273
= 177°Celcius
(b) 273 k
Temperature in Celcius = Temperature in Kelvin - 273
= 273 - 273
= 0°C
(c) 73 k
Temperature in Celcius = Temperature in Kelvin - 273
= 73 - 273
= -200°C
Help me please... help
Answer:
A
Explanation:
by having lower prices there may be a chance of selling more and therefore gathering more money. if that makes any sense ?
Jeannine and Ryan, have both been working full-time jobs for many years. They are about to adopt three siblings and are trying to decide if they are both going to keep working. What disadvantage will they likely experience if they choose a single income option?
A.
They will have higher costs for childcare.
B.
They will have a greater amount of financial income.
C.
They will have less time to spend with their new baby.
D.
They will have less disposable income.
Answer: D
Explanation:
Answer: They will have less disposable income.
Scenario D. Jefferson, the chief executive officer of Midwestern Thermal Systems, decides to explore the idea of opening an office in China and speaks to his chief financial officer, Maria, about it. She pays careful attention to everything he says and restates everything to Jefferson to make sure that she accurately understands his plans. Some employees learn of the plans from their managers, and some of these employees begin spreading the information to other colleagues. Maria listened to everything Jefferson said and restated everything to him to make sure that she accurately understood his plans. The technique used by Maria is known as
Answer:
Reflection
Explanation:
In simple words, An exchange of thoughts is what reflective conversation is. It simply emphasizes, reflects, and demonstrates what someone is feeling, inferring, comprehending, or attempting to say. In essence, the child discovers that their individual really cares for them. It is extremely beneficial to their behavioral as well as emotional growth
Thus, from the above explanation we can conclude that the given case relates to reflection technique.
Suppose all firms follow similar financing policies, face similar risks, have equal access to capital, and operate in competitive product and capital markets. However, firms face different operating conditions because, for example, the grocery store industry is different from the airline industry. Under these conditions, firms with high profit margins will tend to have high asset turnover ratios, and firms with low profit margins will tend to have low turnover ratios.
a. True
b. False
Describe three examples of greenwashing you have seen.
Answer:
I have never seen this sorry
Answer: Hidden Trade-Offs
Misleading Labels
Environmental Imageries
Explanation:
Zero Zone,Inc.manufactures and sells display refrigeration and freezer units to supermarkets.The manufacturer is successful because it is able to keep the promises it makes.All customers know that Zero Zone's salespeople and its products live up to all the promises made.This is an illustration of which factor necessary for mutual trust to develop?
A) Dependability
B) Sales orientation
C) Likability
D) Spontaneity
E) Profitability
The movement of parts from one area of the factory to another is considered a value-added activity whereas the storage of raw materials is considered a non-value activity.
Answer:
TRUE
Explanation:
Value can be defined as the thing for which an customer is willing to pay the price. It is the activity on any shop floor or business for delivering the product or service to the customer for which the customer is ready to pay the price for it.
If the customers does not wish to pay the price, then there is no value.
So inside a factory, in a shop floor, moving a part from one place to another for making a product that the customer is willing to pay is a value added activity. But excess movement or transportation of product does not any value to it, it is then considered as a waste.
Also storing of products is a non value activity as storing a product will not help the customer in any way and a customer will not pay for a product when it is stored and is of no use to the customer.
You can buy a computer with your credit card and pay for it over the course of one year. With an interest rate of 16 percent, you would need to pay $181.46 for 12 months to pay off the charge. You can rent the computer for 12 months for $200 per month and, at the end of the rent period, buy it for $300. How much will you save by purchasing the computer with your credit card instead of using the rent-to-own plan?
Answer:
you can save $522.48 by purchasing the computer with the credit card
Explanation:
total money paid to the credit card company = $181.46 x 12 = $2,177.52
total money paid for renting the computer = $200 x 12 = $2,400, plus the final payment = $2,400 + $300 = $2,700
money saved by using the credit card = $2,700 - $2,177.52 = $522.48
discuss the impact of discriminating behaviour the individual and society
Discriminating behaviour has the following impact on the individual and society:
It can lead to conflict and unrest in the society.It can lead to low self esteem and depression.What is discrimination?
Discrimination is when a person is treated unfairly and differently from other people based on age, gender, religion or race. For example, a person of colour might be denied entry into a restaurant based on her skin colour.
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Promotion to consumers is called
Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..
Answer:
it is c issue-based-model
The Supreme Court hears cases regarding which of the following?
A.) Criminal violations
B.) Civil violations
C.) Traffic violations
D.) Constitutional rights violations
Answer:
B
Explanation:
Think about every big Supreme Court case and they all are civil cases, like Brown V. Board, Roe V. Wade, and Plessy V. Ferguson. They are all civil cases.
Select the correct answers.
Goods Ltd. is an FMCQ goods manufacturer. It plans to introduce new products in the market within its existing product category. Which of
these terms describes the company's action?
O A. category extension
OB
line extension
OC.
line pruning
OD
line stretching
Answer: line extension
Explanation:
The action whereby the company plans to introduce new products in the market within its existing product category is referred to as line extension.
Line extension occurs when the brand name for an established product is used for a new item that is in same product category. This can be in form of added ingredients, colors, new flavors etc. An example is a manufacturer of soft drink who adds "apple flavor"manufacturer to its existing "orange flavor"
30 points please help!
The incredible Ice cream company wants to preserve their secret recipes for their ice cream products. They require all employees to sign a document stating they will not work for a competing ice cream company or open their own ice cream business. Which type of document do employees sign?
a. non-compete agreement
b. partnership agreement
c. confidentiality agreement
Answer:
B.
Explanation:
Answer:
i believe is A. non compete agreement
Explanation:
is easy i did it
if it was helpfully pls give me points and a heart
The pros and cons of new product concepts are analyzed during the idea generation phase of new product development.
True
False
Which of the following laws limits the hours and types of duties in which teens can work
Fair Labor Standards Act
Jane contributed property with a basis of $40,000 and a value of $50,000 to the JO Partnership in exchange for a 20% interest in partnership capital and profits. During the first year of partnership operations, JO had net taxable income of $30,000 and tax-exempt interest income of $10,000. The partnership distributed $10,000 cash to Jane. On January 1 of year 2, Jane sells her partnership interest for $49,000. What is Jane's gain or loss on the sale
Answer:
$11,000 gain.
Explanation:
Calculation to determine Jane's gain or loss on the sale
First step is to calculate her basis
Basis=$40,000 + [20% × ($30,000 + $10,000)] - $10,000
Basis=$40,000+$8,000-$10,000
Basis =$38,000
Now let calculate Jane's gain or loss on the sale
Gain or loss on the sale =Selling price of $49,000 - basis of $38,000
Gain or loss on the sale = $11,000 gain.
Therefore Jane's gain or loss on the sale will be $11,000 gain
parking costs are incurred regardless of how well an event does.
Answer:
Fixed
Explanation:
The Answer is Fixed Parking because is depending on how the event changes on increasing or decreasing ticket pricing after the service revenue sold
The fixed parking costs are incurred regardless of how well an event does.
What is fixed packing cost?The cost of packing that occurred either any product is made or not is called as the fixed cost. This cost occurred if any product is generated from the product.
Regardless matter how well an event performs, the set parking charges must be paid. This type of cost is incurred on the packing of any product that is going to be marketed.
Therefore, sometimes the fixed packing cost incurred if product is not made.
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Payroll deductions are the same for all employees.
Answer:
no it depends the age and how good u are at your job.
Explanation: