Trade-offs between the present and future require weighing the benefits which are available today against what will be available tomorrow. A good produced for the present consumption is a consumer good.
A trade-off refers to a kind of compromise which involves giving up something in return for getting something else. So the necessity of making trade-offs tends to alter how we feel about the decisions we tend to face.
A consumer good is also referred to as a final good, which is any item that is ultimately consumed, rather than used in the production of another good. For instance, a bicycle or a microwave oven that is sold to a consumer is a consumer good.
Hence, a tradeoff is where one thing increases, and another must decrease.
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economists are likely to disagree most often over a normative statements. b opportunity costs. c they seldom disagree over either normative or positive statements. d positive statements. e normative and positive statements.
Economists are likely to disagree most often over normative statements.
What are nominative statements?A normative statement gives an opinion on how desirable a condition is in various areas, including economics and philosophy. A normative statement also referred to as a negative statement, is intended to discuss how the world should be, as opposed to a descriptive statement, which is intended to explain the world as it is. A normative statement is one that communicates an opinion about what should be, such as "the world would be a better place if the moon were made of green cheese." Modal verbs like as "should," "would," "could," or "must" are used to indicate normative claims. Normative economics is a branch of economics that is based on normative assertions.
Thus, option b) Nominative statement is the correct answer.
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The phrase ___________ conveys the idea of voluntary but determined efforts to improve leadership skills.
The phrase 10 percent stretch conveys the idea of voluntary but determined efforts to improve leadership skills.
What are leadership skills?You use leadership abilities when coordinating with others to accomplish a common goal. As a manager or project manager, you must have the ability to inspire others to finish a list of duties, frequently on time. Leadership is a blend of numerous diverse skills working together, not simply one skill.
A successful leadership team is crucial to every firm. They can aid in creating effective teams inside an organization and guarantee that initiatives, projects, and other job tasks are carried out properly. Anybody really can grow into a strong leader by acquiring the proper techniques for developing and honing their leadership qualities. Great leaders possess excellent communication and interpersonal skills.
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The _____ perspective suggests that appropriate managerial behavior in a given situation depends on unique elements in that situation.
The contingency perspective suggests that appropriate managerial behavior in a given situation depends on unique elements in that situation.
There is no ideal method to run a business, structure a team, or make choices, according to the contingency theory of organizational behavior. Instead, the best course of action depends on the circumstances both inside and outside the body. Contingent leaders are adaptable in their choice of and adaptation of concise methods to fit change in situation at a specific point in the operation of the company.
Two previous research projects that sought to identify the characteristics of good leadership behavior impacted our contingency approach to leadership. In the 1950s, Ohio State University researchers conducted in-depth surveys measuring a range of potential leader behaviors in diverse organizational environments.
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as a manager at barcelona, which of the following activities do you think you would be encouraged to do?
The manager at Barcelona would be highly encouraged to the chef to create new menu items featuring seasonal ingredients.
To increase customer service and business profitability, the management of Barcelona Restaurant will be encouraged to be inventive and to provide frequent personnel training.
Barcelona
Barcelona is a city on the northeastern coast of Spain. It is the capital and largest city of the Catalan autonomous community, as well as Spain's second most populous municipality. With a city population of 1.6 million, its metropolitan area extends to multiple nearby communities within the Province of Barcelona and is home to around 4.8 million people, ranking it fifth in the European Union after Paris, the Ruhr area, Madrid, and Milan.
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Adapting to a new culture involves overcoming obstacles and setbacks. Some people even experience a culture shock after spending some time in a different culture. A person who doesn’t believe herself capable of understanding people from unfamiliar cultures will often give up after experiencing obstacles or setbacks. By contrast, a person with high ____________ is driven to learn more about different cultures despite obstacles and setbacks.
Adapting to a new culture involves overcoming obstacles and setbacks. Some people even experience a culture shock after spending some time in a different culture. A person who doesn’t believe herself capable of understanding people from unfamiliar cultures will often give up after experiencing obstacles or setbacks. By contrast, a person with high culture shock is driven to learn more about different cultures despite obstacles and setbacks.
Cultural modification of a personal, group, or people by adapting to or borrowing traits from another culture the acculturation of immigrants to American life also : a merging of cultures as a result of prolonged contact. way to access goods and services within the new culture.
The benefits of getting outside your temperature and experiencing another culture and other people is immense. It builds confidence and empathy and strengthens our culture sense of self while at the identical time helping us to feel connected to others.
A culturally intelligent workforce will demonstrate better tolerance, trust and understanding of world colleagues. The benefits of getting outside your temperature and experiencing another culture and other people is immense. It builds confidence and empathy and strengthens our sense of self while at the identical time helping us to feel connected to others.
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a home improvement retail marketer is using a display campaign to build out his ads. what's a benefit that display campaigns can give him?
The benefits of Display campaigns can attain humans worldwide across millions of websites and apps, and on owned homes. This permits you to enlarge your attain past simply by searching.
Display campaigns can help you attain a relevant target market with visually enticing commercials as they browse hundreds of thousands of websites, apps, and owned properties to attain our marketing goals. A display campaign is one marketing campaign.
Display campaign ads are robotically generated from the construction blocks he gives, like headlines, descriptions, logos, and photos. His ad formats are lifted directly from his facts feeds, permitting him complete control over their length, placement, and display orientation.
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When lowe's builds its home improvement stores in australia and other countries, this level of international business is called ______.
Answer:direct investment
Explanation:
At the point when Lowe's fabricates its home improvement stores in Australia and different nations, this degree of worldwide business is classified "foreign direct investment" (FDI).
Foreign direct investment alludes to the venture made by an organization from one country into business tasks situated in another country. For this situation, Lowe's, which is a U.S.- based organization, is straightforwardly effective money management its assets, capital, and mastery to lay out and work home improvement stores in Australia and different nations.
FDI permits organizations like Lowe's to extend their market presence universally, tap into new client bases, and make the most of learning experiences in unfamiliar business sectors. It likewise empowers the host nations to profit from expanded open positions, innovation move, and monetary improvement coming about because of the presence of a global company.
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bartell’s, a seattle drug store operates an in-store printing service for customers with digital cameras. the current service, which requires employees to download photos from customer cameras, has monthly operating costs of $5,500 plus $0.15 per photo printed. management is evaluating the desirability of acquiring a machine that will allow customers to download and make prints without employee assistance. if the machine is acquired, the monthly fixed costs will increase to $7,000 and the variable costs of printing a photo will decline to $0.05 per photo. what is the total cost of printing 25,000 copies with the proposed customer self-service process?
The definition of self-service. Self-service is an approach where users access resources to find solutions on their own without requiring assistance from a service representative.
(1) total cost for 10k photos = fixed costs + variable costs = 5500 + 0.15 * 10000 = 5500+ 1500 = 7000
total cost for 25k photos = fixed costs + variable costs = 5500 + 0.15 * 25000 = 5500 + 3750 = 9250
a.(2) total cost for 10k photos = fixed costs + variable costs = 7000 + 0.05 * 10000 =7000+ 500 = 7500
total cost for 25k photos = fixed costs + variable costs =7000 + 0.05 * 25000 = 7000 + 1250 = 8250
b. For this, we first find the volume at which both processes cost the same.
let the required volume be x.
So, 5500 + 0.15x = 7000 + 0.05x
=> 0.15x - 0.05x = 7000 - 5500
=> 0.1x = 1500
=> x = 1500/0.1 = 15,000
So, at the monthly volume of 15,001 photos and above, the proposed process becomes preferable.
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When may an amendment be offered to a motion?
Raise your hand and make the following motion: “I move to amend the motion on the floor.” This also requires a second. After the motion to amend is seconded, a majority vote is needed to decide whether the amendment is accepted. Then a vote is
for 2021, devonte, a single father, reported the following amounts relating to his investments: net investment income from interest$ 9,000 interest expense incurred on a loan to purchase stocks2,000 interest expense on funds borrowed in 2020 to purchase land for investment6,000 what is the maximum amount that devonte can deduct in 2021 as investment interest expense?
Therefore, the maximum amount that Devonte can deduct in 2021 as investment interest expense is $ 1,000.
net investment income from interest$ 9,000
interest expense incurred on a loan to purchase = stocks2,000
Investment for land is $6,000
Therefore, the maximum amount that Devonte can deduct in 2021 as investment interest expense is $ 9,000 - $ 8,000
= $ 1,000
In reality, declare the deduction for investment interest costs, you ought to itemize your deductions. investment hobby goes on timetable A, Margin hobby will nevertheless be deductible for the tax year 2021 as an itemized deduction on timetable A. but, the standard deduction has been extended, meaning maximum taxpayers will now not be listing deductions on account that claiming the standard deduction will prove greater tax-green in lots of cases.
The amount of interest that has been earned however now not yet collected in coins is referred to as interest receivable. A debit to the hobby receivable account and a credit score to the hobby earnings account are the most commonplace journal entries used to file this transaction.
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roger smith established an insurance agency on july 1, 20y5, and completed the following transactions during july:
Yes, it is true that revenue increases the shareholders' fund, which is then invested as it grows (crediting).
But expenses and dividend payments to shareholders diminish the fund as they are made (debiting), which is why the negative effect is shown as a debit item.
What are shareholders Meaning?
Anyone who holds at least one share of a company's stock or mutual fund unit is referred to as a shareholder. Shareholders, who possess a majority of the company's ownership, also have specific rights and obligations.
Having this kind of ownership enables them to profit from a company's success. These benefits include dividend payments arising from financial gains or rising stock prices. In contrast, a company's share price would definitely decrease if it had a loss, which might result in losses for investors or a decrease in their holdings.
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holding all other personal characteristics-such as age, gender, and income-constant, economists would expect that a. people with health insurance are less likely to be overweight than people without health insurance. b. people with health insurance are more likely to be overweight than people without health insurance. c. people with health insurance are equally likely to be overweight as people without health insurance. d. there is no correlation between having health insurance and being overweight.
Economics would predict that persons with health insurance are more likely to be overweight than people without health insurance, holding all other personal factors, such as age, gender, and income, constant.
Health insurance is a legal agreement that commits an insurer to covering all or a portion of a person's medical expenses in return for a premium. More specifically, health insurance often covers the insured's out-of-pocket costs for prescription drugs, medical procedures, and occasionally dental care. Health insurance can either pay the healthcare provider directly or compensate the insured for costs related to illness or damage. As a means of luring quality workers, it is frequently offered by employers as a benefit package, with premiums partially covered by the company and frequently withdrawn from employees' paychecks.
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Both physical and occupational therapists must possess the professional credential of?
Both physical and occupational therapists must possess the professional credential of licensure
This is further explained below.
What is licensure?Generally, A limited practice or a limitation on the use of an occupational title that requires a license both fall under the umbrella term of "licensure." Before engaging in a certain activity, such as driving a vehicle on public highways, one is required to get a license that was issued in accordance with a "practice act."
In conclusion, Occupational therapists and physical therapists alike are required to have a valid license in order to practice professionally.
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when an economy produces a combination of goods that lies inside the production possibilities curve: group of answer choices resources will never be depleated. opportunity cost is constant. resources are not being fully and efficiently used. resources are being fully and efficiently used. prices are constant.
When an economy produces a combination of goods that lies inside the production possibilities curve that resources are being used fully and efficiently. Thus, Option A is correct.
What is the Production possibility frontier (PPF)?
The production possibility frontier (PPF) is a curve on a graph that depicts the maximum amounts that can be produced of two products if they are both made from the same limited resource. The production possibility curve is another name for the PPF.Opportunity cost in the production of commodities is what is lost when resources are diverted from one product to another. A curve on a graph depicts the amount that can be produced to its maximum.The production possibility frontier (PPF), which depicts situations that are impractical given the available resources, is above the curve.The PPF illustrates that an increase in one commodity's production can only occur when the production of the other commodity falls.Managers can use the PPF as a tool for making decisions when determining the best product mix for their organisation.To know more about PPF visit:
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kangaroo autos is offering free credit on a new $14,000 car. you pay $1,400 down and then $420 a month for the next 30 months. turtle motors next door does not offer free credit but will give you $1,080 off the list price.
To know which company offers best deal we need to find the present value of the asset by considering down payment to be paid with the interest rate (0.75%). After calculations we find Present Value of Kangaroo autos is 12,780 & Present value of Turtle Motors is 12,920.
a. Present Value of Kangaroo autos:
PV = down payment + C x ((1/r)-(1/(r(1+r)^t))
PV = 1,400 + 420x ((1/0.0067(1+0.0067)^30))
PV = $12,780
Present value of car at Turtle Motors:
PV = price of car − discount
PV = $14,000 − 1,080
PV = $12,920
b. Turtle Motors offers the best deal because it has the lower present value of costs.
Given a certain rate of return, present value (PV) is the current value of a future financial asset or stream of cash flows. A discount rate or the interest rate that could be obtained through investment is applied to the future value to get the present value. The difference between present value and future value is that the former shows you how much money you'd need in today's dollars to earn a certain amount in the future.
The idea of present value holds that money today is worth more than it will be in the future. In other words, money received in the future is not as valuable as money obtained today in the same amount.
Your Question is Incomplete. Kindly find the full content below:
a. If the rate of interest is 0.75% a month, calculate the present value of the payments to Kangaroo Autos. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
b. Which company is offering the better deal?
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Which type of government is a system where a dynamic leader unites people towards a common goal and expects unconditional loyalty and uncritical support?.
Answer:
either absolutism or totalitarianism, I think they're the same
Explanation:
hope it helps
Suppose there is currently a tax of $50 per ticket on airline tickets that is imposed on the consumers. if the tax is reduced from $50 per ticket to $30 per ticket, then the?
If the tax is reduced from $50 per ticket to $30 per ticket then supply curve will shift downwards by $20, and the effective price received by seller will increased by less than $20.
Who is called a consumer?
A consumer is the one who buys the item for his/her possess require and uses or consumes it. A consumer cannot exchange the great, product or service but can consume it to gain his/her livelihood and self-employment definition of consumer. The consumer is the one who is the end-user of any products or services.
Types of consumer:
Loyal Customers
Impulse Shoppers
Bargain Hunters
Wandering Consumers
Need-Based Customers
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concurrent engineering is a systematic approach that integrates the design and manufacture of products with the goal of optimizing all elements involved in the life cycle of the product.
Concurrent engineering is a methodical approach to the concurrent, integrated design of goods and the processes that are connected to them, such as manufacturing and support. With this strategy, the developers are supposed to be forced to think about all aspect of the product life cycle, from conception to disposal, including quality and cost, right from the start.
Concurrent engineering, integrated product definition, or simultaneous engineering are all acceptable names for the idea as long as we consistently deliver high-quality goods on schedule and at the lowest possible cost. Communication and understanding are improved when everyone uses the same definition. Due to its widespread adoption, the phrase "concurrent engineering" and the Department of Defense/Institute of Defense Analysis (DoD/lDA) definition are used.
The components of concurrent engineering are still being improved and refined by the industry. To make this process work, we must all participate. A common sense approach to product design, manufacturing, development, production, and support is concurrent engineering, and all of us must be willing to use it.
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klingon widgets, incorporated, purchased new cloaking machinery five years ago for $15 million. the machinery can be sold to the romulans today for $14.3 million. klingon’s current balance sheet shows net fixed assets of $12 million, current liabilities of $840,000, and net working capital of $223,000. if the current assets and current liabilities were liquidated today, the company would receive a total of $1.05 million cash.
Firstly we shall find the Working capital.
Current liabilities subtracted from Current Assets we get Working capital.
By adding all the book value of assets we get Book value of assets amounting to 13,063,000
Net working capital(NWC) plus Market value of fixed assets are given in the question, we just add those values and get we get the answer which is 15,350,000
a. Book value of assets:
Formula:
Current assets - Current liabilities = Working Capital
But given,
current assets - 840,000 = 223,000
current assets = 840,000 + 223,000 = 1,063,000
Add the above current assets to the net fixed assets we get book value of total assets
1,063,000 + 12,000,000 = 13,063,000
b. Sum of NWC plus market value of fixed assets:
1,050,000 + 14,300,000 = 15,350,000
Working capital, also called net capital, represents the difference between a company’s current assets and current liabilities.
Working capital could be a measure of a company’s liquidity and short-term financial health.
A company has negative working if its ratio of current assets to liabilities is a smaller amount than one (or if it's more current liabilities than current assets).
Positive capital indicates that a corporation can fund its current operations and invest in future activities and growth.
High assets isn’t always an honest thing. it'd indicate that the business has an excessive amount of inventory, not investing its excess cash, or not capitalizing on low-expense debt opportunities.
Your question is incomplete. Find the missing part below:
a. What is the book value of Klingon’s total assets today?
b. What is the sum of the market value of NWC and the market value of fixed assets?
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Which of the cobit p09 control objecti ves is a strategic plan for risk management that encompasses the entire organization?
There are four main risk management strategies or risk treatment options is risk acceptance.
ISIAC is the name of the organization that clearly outlined and described the COBIT P09 risk management framework.
The COBIT framework stresses regulatory compliance, allows companies to get more value from IT, and helps align IT with the goals of the business to enable organizations to manage risk more effectively.
Organizations need to understand that COBIT 5 is an end-to-end framework that considers the optimization of risk as a key value objective. COBIT 5 considers governance and management of risk as part of the overall governance and management of enterprise IT.
Disclaimer:- your question is incomplete, please see below for the complete question.
Which of the cobit p09 control objecti ves is a strategic plan for risk management that encompasses the entire organization?
A. Risk acceptance.
B. Risk transference.
C. Risk avoidance.
D. Risk reduction.
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According to the digital wallet overview video case, when adding a credit or debit card to your digital wallet, what security method is generally used to prevent someone else from adding your debit or credit card to their digital wallet?.
According to the digital wallet overview video case, when adding a credit or debit card to your digital wallet, the Tokenization security method is generally used to prevent someone else from adding your debit or credit card to their digital wallet
This is further explained below.
What is Tokenization?Encrypting all of the user data is one of the primary ways that tokenization offers cardholders protection from fraudulent behavior.
It is a critical enabler for a broad number of use cases involving digital payments, and it is relevant to transactions carried out in person as well as those carried out online.
In conclusion, the Tokenization security mechanism is often applied when adding a credit or debit card to your digital wallet in order to prevent another person from adding your debit or credit card to their digital wallet.
This is done in order to protect you from identity theft. This is shown in the video scenario that provides an overview of a digital wallet.
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Traditional promotional messages such as advertising, sales promotion, and publicity releases are examples of ________ messages.
A promotion that uses offline methods to reach a local audience is referred to as traditional marketing. A product or service is promoted using traditional marketing, which also includes billboards, television commercials, newspaper ads, and other forms of advertising. The efforts are frequently expensive, and measuring their success can be difficult.
Digital marketing is displacing traditional marketing by reaching clients online through social media, email, and search engines. Compared to traditional marketing, digital marketing is more cost-effective and more easily promotion trackable in terms of its effectiveness.
It is possible to create marketing materials specifically for conventions, seminars, or conferences. The efforts are frequently expensive, and measuring their success can be difficult. To attract visitors to your promotion booth and learn more about the company and its goods, you could, for instance, build booths or more substantial materials like banners or signage.
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How much would $20,000 due in 50 years be worth today if the discount rate were 7. 5%?.
Answer: 6y7y7im
Explanation:
If you wanted to pruchase ownership interests in diversified portfolisos of investments which type of finacncial prodcut provider should you contact a mutual fund?
If you wanted to purchase ownership interests in diversified portfolios of investments which type of financial product provider should you contact a mutual fund.
In order to invest in securities such as stocks, bonds, money market instruments, and other assets, mutual funds aggregate the funds from shareholders. Professional money managers run mutual funds, allocating the assets and attempting to generate capital gains or income for the fund's investors. The portfolio of a mutual fund is set up and kept up to date in accordance with the specified investment goals in the prospectus. Small or individual investors have access to professionally managed portfolios of stocks, bonds, and other securities through mutual funds. As a result, each shareholder shares proportionately in the fund's profits or losses.
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In 2010, the gni per capita for country x was $44,270, but its gni per capita at ppp was $49,640. in the same year, the nominal gni of the united states was $47,360. this means that?
According to the GNI per capita, the cost of living was lower in Country X than in the US.
GNI per capita is calculated as the gross national income divided by the mid-year population and converted to the US dollars by using the World Bank Atlas method. The Gross National Income (GNI) is calculated as the sum of the value contributed by all resident producers, any product taxes (minus subsidies) that are not taken into account in the valuation of output, and net receipts of primary income (employee compensation and property income from abroad). The World Bank expresses national currency values in US dollars using a specific Atlas method of conversion to minimize the impact of pricing and exchange rate volatility. In order to account for variations in inflation rates between the country and the G-5 nations, a conversion factor is applied that averages the exchange rate for the current year and the two years prior.
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When deciding on contextual elements, you should identify your ______.
When deciding on contextual elements, you should identify your Target market.
What is Contextual factors?
It is a way of thinking, simply a technique to look at your interface and aid in decision-making.The Contextual Elements technique is only a way of enabling you to map them out since it is unpredictable how invisible boundaries and restrictions will be defined for your application, but it is preferable if they are mapped in some way.An actor will take materials for creating the proceduralized context from this area of the context that is more or less linked to the actor's point of concentration. The granularity of contextual factors varies and they are a heterogeneous population.These contextual factors give war crimes and crimes against humanity normative distinctiveness, separating them from one another and from domestic crimes.To know more about Contextual factors visit:
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In the current year a partnership reported the following items: what is the partnership's ordinary income?
The partnership's ordinary income is $394,500.
Given,
Fees earned = $500,000
Salary expense = $100,000
Utility expense = $5,000
Charitable contributions= $8,000
Long-term capital gain = $2,000
Office supplies = $500
There are certain items of income, deduction, gain, loss or credit which must be separately stated from ordinary income and passed through directly to the partner.
Thus, ordinary income is calculated below:
Fees earned - (Salary expense + Utility expense + Office supplies)
= $500,000 - ($100,000 + $5,000 + $500)
=$394,500
Hence, the partnership's ordinary income is $394,500.
The given question is incomplete, the complete question is-
The current year, a partnership reported the following items:
Fees earned $500,000
Salary expense $100,000
Utility expense $5,000
Charitable contributions $8,000
Long-term capital gain $2,000
Office supplies $500
What is the partnership's ordinary income?
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Starting from point e, which point is the most likely outcome of an increase in the price of a production substitute for a good, holding all else constant?
Starting from point e, the point that is the most likely outcome of an increase in the price of a production substitute for a good, holding all else constant is point d.
What is the impact of increase in price?The Increase in the rate of prices of goods and services is one that will lead to lower rate of demand, and as such, also if demand increases. it is one that will also lead to increase in the amount of goods that is supplied.
Note that supply of different products is one that tends to responds to demand in a lot of ways, with some products' demand being known to be less sensitive to prices than some other cases
Therefore, based on the above, Starting from point e, the point that is the most likely outcome of an increase in the price of a production substitute for a good, holding all else constant is point d.
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burger king locates a franchise across the street from a mcdonalds. at play here is the principle of
burger king locates a franchise across the street from a mcdonalds. at play here is the principle of competition.
Competition
Competition is a competition in which two or more parties compete for a single, unshareable goal, where one party gains at the expense of the other (an example of which is a zero-sum game). Entities such as organisms, people, economic and social organizations, etc., can compete with one another. The conflict may arise from the pursuit of any exclusive goal, such as dominance, market share, niches, limited resources, or a territory.
Competition between living things that coexist in the same environment occurs in nature. Animals fight for access to food, mates, water, and other biological resources. Humans often fight with one another for food and mates, but when these necessities are met, intense rivalries can develop over the pursuit of money, fame, and other material goods in a static, monotonous society.
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i now have $20,000 in the bank earning interest of .5% per month. i need $30,000 to make a down payment on a house. i can save an additional $100 per month. how long will it take me to accumulate the $30,000?
It would take approximately 45 months to save the target future value.
What is future value?
Future value (FV) is a financial concept that assigns a value to an asset based on estimated variables such as future interest rates or cashflows.
It is useful for an investor to know how much their investment will be and also to know about the time they it would take for the expected return.
Here, individual currently has $20,000 which means that current value is $20,000 and this individual needs $30,000. Here, future value is $30,000 and intends to save $100 per month in order to reach the future value.
Using financial calculator, we can make necessary changes.
We will set it to the end because usually payments occur at the end of the month.
Set : end.
N=?
The “n” over here is number of months,
I/Y = 0.5%
PMT = 100
PV = 20,000
FV = 30,000
CPT (press compute)
We get the value of “n” = 44.74 months, which is approximately 45 months.
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