Combining the results of a center-of-gravity analysis, cost analysis, and qualitative criteria analysis can be done by creating a weighted scoring system. This means that each criterion (e.g. center-of-gravity, cost, and qualitative criteria) is assigned a weight or importance value, and the results for each site are then multiplied by the corresponding weight and summed to obtain a composite score.
To compute a summary score for each site, the first step is to normalize the data, if necessary. For example, if the center-of-gravity results are expressed in miles and the cost data in dollars, the data need to be transformed into a common unit, such as a score between 0 and 1, to facilitate comparison.
Next, each criterion is assigned a weight that reflects its relative importance. For example, the weight for center-of-gravity might be set at 50%, cost at 30%, and qualitative criteria at 20%. These weights should be chosen based on the specific goals and objectives of the project and the relative importance of each criterion.
Finally, the weighted scores for each site are calculated by multiplying the normalized results for each criterion by its weight, and summing the results. This provides a composite score for each site, which can then be used to rank the sites and make a final decision on the best location.
It is important to justify the weights assigned to each criterion by providing a rationale for the relative importance of each criterion. For example, if cost is given a high weight, it might be justified by the fact that the project has limited resources, or if the center-of-gravity is given a high weight, it might be justified by the fact that the location of the facility is critical for the efficient operation of the business.
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the set up or flow for your dining area is critical. what is the best way to achieve maximum service ability with the least amount of confusion?
The set up or flow for your dining area is critical. Determine the best way to navigate tables and remove some if necessary.
The use of technology is rising in all industries, and in this digital age, with so many new eateries appearing, the restaurant industry is becoming increasingly competitive. Automating restaurant activities improves efficiency, which improves your restaurant's service.
If your restaurant has limited seating, it will be more profitable if guests can reserve tables in advance online. Restaurants' customer base can be expanded if the procedure of online table reservations is digitalized.
Restaurants may now view all guest information using a single interface thanks to reservation management. Restaurants can provide accurate wait times for both walk-in guests and those who have made prior reservations.
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what are the approaches that can be utilized when strategizing for competitive advantage? multiple select question.
The approaches that can be utilized when strategizing for competitive advantages are: Strategic Planning, Scenario Planning and Strategy as Planned Emergence
Defining an organization's future vision and determining its goals and objectives are two steps in the process of strategic planning.
Establishing the order in which those objectives should be accomplished is part of the process so that the company may fulfil its declared vision.
Scenario planning aids decision-makers in evaluating actions, identifying possible outcomes and implications, and preparing for both good and bad outcomes.
Businesses may become proactive rather than merely responding to events by envisioning possible risks and possibilities.
A business strategy that emerges over time when a company balances its objectives with shifting conditions is referred to as an emergent strategy by author Henry Mintzberg.
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a promotional strategy designed to create buyer demand that will encourage channel members to stock a company's product is called a .
A promotional strategy designed to create buyer demand that will encourage channel members to stock a company's product is called a "push strategy."
Push strategies focus on "pushing" the product through the distribution channels to the end consumers by generating demand at the wholesale or retail level. This type of strategy is often used by manufacturers to encourage intermediaries, such as distributors and retailers, to stock and promote their products. Push strategies typically involve promotional activities such as sales promotions, advertising, and personal selling, all aimed at creating demand for the product among intermediaries and ultimately, end consumers.
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sammy's shovels had sales of $120,490 in 2021. the cost of goods sold was $31,030, operating expenses (excluding depreciation) were $17,170, interest expenses were $2,700, depreciation expense was $8,260, and dividends paid were $3,360. the firm's tax rate is 28 percent. what did sammy's shovels report as net income (or, net profit) in 2021?
We must deduct all expenditures from sales to determine net income. Net income is calculated as sales less cost of goods sold, operating costs, interest costs, depreciation costs, and taxes.Calculating the
A company's or a person's net income is the entire amount of money earned after subtracting all costs, taxes, and other charges from their gross income. It is also referred to as the bottom line, net profit, and net earnings. Net income is a crucial financial indicator since it shows the true profitability of a company or an individual and aids in financial decision-making. It serves as a baseline for comparison with other businesses in the same sector as well as a way to assess a company's success or failure. The amount of the dividend paid to shareholders and the bonus given to workers are both influenced by the net income.
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connie thinks that her salary and tax rate for next year will be lower than for this year. what step should she take to minimize her taxes in the current year?
Connie might want to think about deferring some of her income into the following year if she thinks her pay and tax rate would be lower in that year.
This can be accomplished by delaying the payment of a bonus, requesting payment of a portion of her salary in the next year, or delaying the sale of investments that would generate capital gains until the following year.
By spreading the income over two tax years, deferring revenue into a year when she anticipates being in a lower tax bracket can lessen her overall tax bill. To decide the best course of action and make sure she completely understands the financial repercussions of her choices, she may think about speaking with a tax expert.
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use the following account numbers and corresponding account titles to answer the following question. account number account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales revenue which accounts would be reported on the balance sheet?
(1) Cash, (2) Merchandise Inventory, and (6) Common Stock accounts would be reported on the balance sheet.
What Is Shown on the Balance Sheet?Data on a company's assets and liabilities can be found on the balance sheet. Depending on the business, this may consist of both short-term assets like cash and accounts receivable and long-term assets like property, plant, and equipment (PP&E).The assets, liabilities, and shareholder equity of an organisation are listed on a balance sheet, which is a financial statement. One of the three essential financial statements used to assess an organisation is the balance sheet. It gives a quick overview of a company's financial position (including its assets and liabilities) as of the publication date.To learn more about balance sheet refer to:
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which represents the best time to start saving for your retirement?
No matter how much you save, Jack Van Derhei, research director of the Employee Benefits Research Institute, says that starting early will put you in a better position than waiting until your mid-30s or 40s.
Why is it best to start your retirement savings early?Your retirement funds will have considerably more time and opportunity to develop if you invest more and begin earlier. You might be able to benefit from compound earnings by making an early investment and sticking with it.
Is it advisable to start saving for retirement sooner or wait?The main advantage of investing before retirement is probably compound interest. Even though there is no fixed, guaranteed rate of return, earlier retirement savings are better.
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Any purchased materials that will go into the finished product are first recorded in the (1) (2) inventory account. (Enter only one word per blank.)1. raw2. materials
Any purchased materials that will go into the finished product are first recorded in the raw material inventory account.
What is the raw material inventory account?Yes, that's correct. Any purchased materials that will be used in the finished product are recorded in the raw materials inventory account.
Raw materials inventory account is a type of account used in accounting to track the value of raw materials that a company has on hand and intends to use in the production of finished goods.
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nora is an independent contractor, who worked for a local construction company for a few months this year. which of these documents should she expect to receive from her employer before filing her taxes?
Form 16 from Nora's workplace is required. Nora requires TDS certificates, or Form 16A supplied by Deductors, if interest has been generated on investments or savings accounts and TDS has been calculated by subtracting on those accounts.
She will require Form 26AS to confirm both TDS on salary and TDS besides from wage.
What paperwork must be included with the income tax return?
Documents Related to Income Taxes Needed to Register an ITR
PAN Card with Aadhaar. Users must file an ITR with the help of your Aadhar card and PAN card, two crucial tax documents.
Payslips, Form 16.
Postal and financial institution interest certificates.
Proofs of investments that save taxes.
Receipts for Health Insurance Premiums.
Capital Gains Documentation.
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Place the steps in the segmentation, targeting, and positioning process in order, with the first step at the top
The following should be listed in the order of the segmentation, targeting, and positioning procedure, starting with the first stage.
Decide on a strategy or goal.
Explain segments.
Rank the attractiveness of the segment.
Determine Your Market.
Establish positioning strategy by identifying it.
What comes first in the process of segmentation, targeting, and positioning?
There are 5 steps in the market segmentation process: 1) segment potential customers; 2) classify products; 3) create a market-product grid and calculate market sizes; 4) choose target markets; and 5) implement marketing strategies to reach target markets.
What marketing objective comes first?
1) Establish quantifiable, strategic marketing objectives.
For instance, if no visits were turning into buyers, you wouldn't want to set a target of increasing lead conversion.
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Users can easily judge the impact on profits of changes in selling price, cost or volume when using an income statement constructed under the ______ approach.
Users can readily assess the effects of changes in sales price, cost, or volume on profits using an income statement created using the approach.
Describe the income statement's contents.An income statement shows a company's revenues, expenses, and profitability for a specific time frame. It is also known as an earnings statement or a profit-and-loss statement. Your product or service sales revenue is shown. to generate income and pay for the expenses of running your business.
Report on the contribution margin: what is it?In an income statement with a contribution margin, all variable costs are subtracted from sales to determine the contribution margin. To determine its net profit or loss for the time period, all expenses are first deducted.
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which of the following selections relating to these statements is true? a. the accounts receivable account has a balance of $87,365, while the accruals account and retained earnings account have balances of $26,990 and $139,794, respectively. b. the accruals account has a balance of $87,365, while the fixed assets account and retained earnings accounts have balances of $139,794 and $145,434, respectively. c. the accruals account has a balance of $26,990, while the long-term debt and retained earnings accounts have balances of $145,434 and $395,109, respectively. d. the accounts receivable account has a balance of $145,434, while the accruals account and the retained earnings account have balances of $26,990 and $87,365, respectively.
The correct selection is Option A
The accounts receivable account has a balance of $87,365, while the accruals account and retained earnings account have balances of $26,990 and $139,794, respectively
An accruals account is an accounting term used to describe an account that is used to track the value of expenses and revenues that have been incurred or earned, but have not yet been paid or received. The accruals account is used to record transactions that have not yet resulted in a cash exchange, but that will have a future impact on the financial statements.
Unpaid rent, interest, and taxes are a few examples of transactions that are frequently documented in the accruals account. The transaction is deleted from the accruals account and documented in the relevant cash account when it is finally paid or received.
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one major reason for improving product safety is the consumer's demand for safe products. group of answer choices true false
True, The consumer demand for safe products is a key driver of product safety improvement.
Why is it important for customers to feel secure using products?Unsafe products have the potential to cause serious, often deadly harm. There may be a risk of choking, strangulation, amputation, bone fracture, and other injuries. So, by guaranteeing the safety of every product, manufacturers must take action to protect consumers.
Another significant component in boosting product safety is consumers' desire for safe products. Simply said, customers will cease buying a product if they believe it to be unsafe or unreliable. Before making a purchase, customers must have access to thorough product information in order to exercise their right to information.
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you're working with a creative agency to develop image assets for an app campaign, and the agency wants to know what aspect ratios are accepted. how do you respond?
In order to maximize ad combinations and locations, we encourage you to upload the maximum number of assets allowed for each asset type: 20.
The acknowledged markup language for pages intended to be accessed with a web browser is HTML, or Hyper Text Markup Language. Scripting languages like JavaScript and technologies like Cascading Style Sheets (CSS) can be useful. Web browsers get HTML documents from a web server or local storage and then render them into multimedia web pages. HTML's initial version provided rules for the document's appearance as well as semantic explanations of a web page's organizational structure. The foundation of an HTML page is an HTML element. Interactive forms, graphics, and other elements can be easily incorporated into the finished result thanks to HTML structures.
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a coffee shop blends 2 kinds of coffee, putting in 2 parts of a $0.33 pound grade to 1 part of a $0.24 grade. if the mixture is changed to 1 part of the $0.33 grade to 2 parts of the less expensive grade, how much will the shop save in blending 100 pounds?
By substituting 2 parts of a $0.33 pound grade for 1 part of a $0.24 grade, the shop will save $0.03 per pound, or $3.00 for 100 pounds.
UK: Is it a pound?The United Kingdom, South Georgia, the South Sandwich Islands, British Antarctic Territory, the Isle of Man, and the Channel Islands all use the British pound sterling, abbreviated as GBP., which are Crown Dependencies of the United Kingdom.
Why is the euro not used in England?The UK government was worried that adopting the euro at the wrong rate would harm British manufacturing, while those currently using the single currency were worried that a rate that was too favorable for the accession of sterling would give the country's robust economy an additional competitive advantage.
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T/F from 2011 to 2018, espn lost 14 million cable tv subscribers, costing the company over a billion dollars annually.
From 2011 to 2018, espn lost 14 million cable tv subscribers, costing the company over a billion dollars annually. The answer is true.
ESPN is one of the largest sports networks and has been affected by the decline in traditional cable TV subscribers. The cord-cutting trend, where people are opting out of traditional cable TV packages in favor of streaming services, has had a significant impact on the network's subscriber base.
However, the exact number of subscribers lost and the cost to the company are not publicly available and can vary based on different sources. ESPN has been able to offset some of these losses through its streaming services and other partnerships, but it continues to face challenges in a rapidly changing media landscape.
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an employee's high level of friendliness can lead a supervisor to judge the employee as a more highly reliable worker than is actually the case. this is said to illustrate
An employee's high level of friendliness can lead a supervisor to judge the employee as a more highly reliable worker than is actually the case. this is said to illustrate ''trait method''.
The trait method is the method in which the manager can look at the employee's trait in relation to their job. In the trait method, the behavioral method of the individual which perform their job in the company or organization. This is the method to compare one employee to other employees.
The trait method can be grouped into the cardinal traits, central traits, and the secondary traits. For the entrepreneur the traits will be vision, passion, adaptability and the resilience.
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in 2021, the bowwow company purchased 14,580 units from its supplier at a cost of $12.00 per unit. bowwow sold 10,080 units of its product in 2021 at a price of $20.00 per unit. bowwow began 2021 with $991,910 in inventory (inventory is carried at a cost of $12.00 per unit). using this information, compute bowwow's gross profit for 2021.
Bowwow Company's gross profit for the year 2021 is $25,640, which represents the company's earnings before deducting operating expenses such as taxes, salaries, and rent.
Gross profit, also known as gross margin, is a financial metric that measures the amount of profit a company generates after deducting the cost of goods sold (COGS) from its total revenue. Gross profit is calculated as follows: Gross Profit = Revenue - COGS.
Bowwow Company's gross profit for the year 2021 can be calculated by subtracting the cost of goods sold (COGS) from its total revenue. COGS represents the cost incurred by the company to acquire the inventory it sold in a given period. In this case, Bowwow Company purchased 14,580 units from its supplier at a cost of $12.00 per unit, resulting in a total COGS of 14,580 units * $12.00/unit = $175,960. On the other hand, the company's revenue is determined by the total sales of its products. Bowwow Company sold 10,080 units in 2021 at a price of $20.00 per unit, resulting in a total revenue of 10,080 units * $20.00/unit = $201,600. Finally, the gross profit can be calculated as $201,600 - $175,960 = $25,640, which represents the company's earnings before deducting operating expenses such as taxes, salaries, and rent.
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harry is a businessperson who works for a successful and admired fortune 500 company. about how often is harry likely to encounter ethical issues in the workplace? group of answer choices once or twice during her career about two to three times per year
Correct reply is On a each day basis. The definition of each day foundation refers to the normal or each day prevalence of an match or action, some thing that happens each day or is accomplished each day.
Daily basis is the quantity of activity, study, care, physical activity, and/or imperative activities that appear every day.
Is it correct to say on a every day basis?The common phrases on a each day basis and on a ordinary foundation are wordy for each day and regularly. The equal applies to similar constructions such as on an hourly basis, on a yearly basis, and so on.
Is it on a daily or on a day by day basis?
“On a daily basis” is idiomatically correct. In English, “on” a day ability that some thing will take place for the duration of a unique day (“on Friday” or “on subsequent Monday”), and “on a daily basis” reflects this as it refers to the proper days themselves.
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brainly.com/question/7416702#SPJ4w.c. cycling had $55,000 in cash at year-end 2004 and $25,000 in cash at year-end 2005. cash flow from long-term investing activities totaled -$250,000, and cash flow from financing activities totaled $170,000. what was the cash flow from operating activities? a. $50,000 b. -$80,000 c. $55,000 d. -$30,000
The decline in cash flows due to operating activities is 25,000 - 55,000, or $30,000. Operating cash flow plus 170,000 plus 2500000 Equals -30,000. $50,000 is the operating cash flow.
How can you figure out your financial activity's cash flow?Count the money that comes in via debt or equity issuance. Add together all the money spent on loan repayment, dividends, and stock purchases. To calculate the cash flow from financing operations for the period, subtract the cash inflows from the cash outflows.
The formula for operating cash flow is what?Operating Cash Flow is calculated as Operating Revenue plus Depreciation, Taxes, and Change in Working Capital.
On a cash flow statement, how do you compute investment?Decrease in Land (BS) + Gain from Sale of Land = $80,000 - $70,000 + $20,000 = $30,000 in cash received from the sale of land.
Cash outflow from the purchase of real estate, machinery, and equipment.
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what types of injury trend reports would provide useful data to the workforce for future accident prevention?
Frequency, Severity, and Location reports are the types of injury trend reports that would provide useful data to the workforce for future accident prevention.
Frequency, Severity, and Location reports are all types of injury trend reports that can provide useful data to a workforce for future accident prevention. Frequency reports show the number of injuries that occur over a certain period of time, while Severity reports indicate the severity of the injuries that occur.
Location reports, on the other hand, provide information on where the injuries are occurring. All of these reports can help to identify potential risks and areas of improvement, so that employers can take steps to reduce the risk of future accidents.
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identified weaknesses of high expense, conflict between the team and the organization, and difficult post-project transitions are typical of
Identified weaknesses of high expense, conflict between the team and the organization, and difficult post-project transitions are typical of project-based organizations or project management approaches.
As the discipline of project management spreads inside sectors that were previously less project-oriented, such as health care, publishing, and professional services, the global economy has grown more project-oriented, according to PMI. Project managers are increasingly relying on tried-and-true approaches to keep them organised and increase workflow efficiency as they handle more complex projects with more moving parts. Agile project management is a team-based approach that consists of brief development cycles, or "sprints," that take input into account as the project moves forward in an effort to embrace flexibility and continuous improvement. A project management methodology is a collection of rules and procedures that may help teams and organisations organise their projects for maximum performance. However, for a project management methodology to be really effective, it must be properly mapped out.
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in the country of azard, businesses use new smart cell phones to speed up many tasks such as sales recording, inventory checks, purchase orders etc. which components of growth are recorded here? group of answer choices human and physical capital technology only human capital and technology physical capital and technology
The components of growth that are recorded here are Physical capital and technology. The correct option is d.
What is physical capital?Physical capital is one of what economists call the three main factors of production. It consists of tangible, human-made goods that assist in the process of creating a product or service. The machinery, buildings, office or warehouse supplies, vehicles, and computers that a company owns are all considered part of its physical capital.
Physical capital items, such as manufacturing equipment, also fall into the category of fixed capital, meaning they are reusable, and not consumed during the production process.
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a person who performs lease negotiations and has a state issued real estate license is known as a .
A real estate salesperson is a person who conducts lease negotiations and holds a real estate license issued by the state.
Permission to act, freedom of action, and permission from a legitimate authority to engage in a profession, a business, or another activity that would otherwise be illegal. a hunting license is a record, plate, or badge that certifies the issuance of a hunting permit. The noun, license, is spelled the same as the verb in American English. However, the word is written license in British English. The definition of "permission," "permit," or "a document that shows you are qualified or allowed to do something" remains constant throughout. According to the Licensing Act of 2003, there are three primary categories of licenses: premises licenses, club premises certificates, and personal licenses. The British use a driving licence whereas Americans use a driver's license. Consequently, the document that certifies a person's ability to operate a car or other vehicle.
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3. It is important to make certain that your employees are aware of the work ethic expected at your company. What work ethics issues would be most ideal for your employees ? (3 points )
It is critical to ensure that your employees understand the work ethics that is expected at your company. Provide them with the company's ethical policy. If they already have access to it, remind them to read it and follow it.
What is Ethics?Ethics is the distinction between what is right and what is wrong. There are times when people must sacrifice their own benefit for the benefit of the public at large.
Employees may become more devoted to their roles and express pride in being a part of such an organization if they understand and perceive their organization's commitment to high ethical standards. This type of transformation has the potential to significantly improve organisational effectiveness.
Therefore, it is essential for the employees to follow the work ethics.
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if a16 percent increase in price for a good results in a7 percent decrease in quantity demanded, the price elasticity of demand is]
If a 16 percent increase in price for a good results in a7 percent decrease in quantity demanded, the price elasticity of demand is 0.44
Option C is correct.
Calculating the problem:Price Elasticity of Demand = % Change in Quantity Demanded / % Change in Price
= 7/16
= 0.44
How does price elasticity work?
Price elasticity is a term used in business and economics to describe how much people, consumers, or producers alter their demand or the amount they provide in response to changes in price or income. It is mostly used to evaluate how a change in the price of a product or service affects consumer demand.
What exactly is demand elasticity of price?The degree to which a good's demand is affected by price shifts is known as its price elasticity of demand. It is calculated by dividing the percentage change in a good's price by the percentage change in demand for that good.
Question incomplete:If a 16 percent increase in price for a good results in a 7 percent decrease in quantity demanded, the price elasticity of demand is
a. 2.29.
b. 0.16.
c. 0.44.
d.0.07.
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which of these would be considered an environmental factor that affects consumer behavior?
An environmental aspect that affects customer behaviour is the stage of the life cycle.(Option A)
The term "consumer behavior" what do you mean?The actions people do after making decisions about the purchase of products or services are referred to as consumer behavior. The behavior enables us to comprehend why people choose to buy particular goods over the others and in which quantities. It also indicates what people are prepared to do in order to acquire those desired commodities.In addition to environmental influences, psychological, social, cultural, personal, and economic factors all have an impact on consumer behavior.
Complete question:Which of these qualifies as a factor in the environment that influences customer behavior? Stage in the life cycle, perception, personal drive, and technology,
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In a free market, the price of products exchanged in the market:
In a free market, buyers and sellers bargain about the costs of the goods exchanged there.
What is a free market?
Supply and demand are the foundation of the free market, which has little to no governmental intervention. It is a concise description of every voluntary exchange that occurs in a specific economic setting. A spontaneous and decentralised sequence of arrangements by which people make economic decisions is what defines free markets. The size of a country's free market economy might vary greatly or be completely banned depending on its political and legal framework. Even though there are no completely free market economies and all markets have some form of restriction, economists who assess the level of market freedom have discovered a generally favourable correlation between free markets and indicators of economic well-being.
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what will happen to the equilibrium price and quantity of fish if fish oils are found to help prevent heart disease?
The equilibrium price and the quantity of the demanded fish will increase.
What is equilibrium price?Market supply and demand must balance one another to reach equilibrium, which leads to the stable pricing. In general, when there is an abundance of products or services, prices decline, which increases demand, but when there is scarcity, prices rise, which decreases the demand. It can be claimed that the forces of supply and demand are comparatively equal and the market is in an equilibrium when a major index goes through a period of consolidation or sideways momentum. Researchers have discovered that prices typically oscillate near the equilibrium levels. Market forces will encourage sellers to enter market and produce more if the price increases too much. Over time, these actions maintain equilibrium level's relative equilibrium.
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assume that in january 2020, the average house price in a particular area was $274,500. in january 2001, the average price was $179,000. what was the annual increase in the price of the average house sold? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The annual increase in households in that particular area was about 2.96% per year from 2001 to 2020, which is 20 years.
In January 2001 the average house price in the area = $179,000
In January 2020 the average house price = $274,500
Therefore the annual increase in selling price can be calculated as follows
time =20 years
= ( $274,500/$$179,000)^1/20 -1
= 1.42333^0.06666 -1
= 1.02968 -1
= 0.02968 ×100
= 2.96%
Averages are used to compare various quantities of the same category. For instance, averages must be used to determine a firm's per-employee wage because there are differences in the salaries of many employees.
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