In considering how to allocate its scarce resources among its various members, a household considers option d) All of the above are correct.
What is Utility Maximization?Utility maximization is known to be a method that is often used in the cat of modeling rational decision making in regards to economics.
Note that Scarcity is a term that connote the fact that there are little resources than are said to be required to fill human wants and needs.
Note also that these resources can be said to be land, labor or capital resources and as such, In considering how to allocate its scarce resources among its various members, a household considers option d) All of the above are correct which are:
a) Each member's abilities
b) Each member's efforts
c) Each member's desires
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In considering how to allocate its scarce resources among its various members, a household considers:
a) Each member's abilities,
b) Each member's efforts,
c) Each member's desires,
d) All of the above are correct.
Company a issuing its annual financial reports within one month of the end of the year is an example of which ingredient of primary quality of accounting information?
Timeliness is an example of which ingredient of primary quality of accounting information
The term "timeliness" relates to the anticipated time frame for information accessibility and availability. The amount of time between when information is anticipated and when it is accessible for use can be used to gauge how timely something is.Why is promptness crucial to corporate operations?It goes without saying that prompt customer service is crucial to retaining clients. Making clients waste time due to a lack of knowledge or a delay in customer care response may be harmful to long-term loyalty, regardless of how excellent a product or service your firm gives.To Learn more about Timeliness, Click the links.
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Consider the following information for a machine: cost = $15,000 residual value = $3,000 useful live = 5 years using straight line depreciation, what would the monthly amount of depreciation be?
If the machine costs $15,000, has a residual value of $3,000, and has a 5-year straight-line depreciation life, what would the monthly depreciation amount be declining balance
What is Residual Value?
Residual value is one of the factors that go into a lease calculation or operation. It is a monetary expression of the total future worth of a good, and it is sometimes stated as a percentage of the original purchase price. The current list price of a vehicle is $20,000 today. After 36 months of use and 50,000 miles, the value is legally set at $10,000 or 50%. Therefore, the credited amount is equal to $20,000 in current value less $10,000 in present value, on which interest is applied. Residual values are dealt with contractually through either closed contracts or open contracts.
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Each year there is a ceiling for the amount that is subject to all of the following except:_____.
a. federal income tax
b. social security tax
c. federal unemployment tax
d. state unemployment tax
Except for federal income tax, there is an annual cap on the amount that is subject to social security tax, federal unemployment tax, and state unemployment tax. Thus, the correct answer to the question is letter A. Federal Income Tax.
The amount of federal income taxes withheld from an employee's gross pay must be recorded as a liability even though they are required to be withheld from employee wages.
Actually, a worker's take-home pay is unaffected by unemployment taxes, whether they are federal or state. On the other hand, the amount of social security tax is capped annually.
The number of exemptions, filing status, and gross income are all taken into account when determining how much federal income tax will be withheld from a person's pay.
Additionally, to figure out how much federal income tax should be taken from an employee's salary, the usual wage bracket and the standard withholding table must be used.
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Discuss the benefit to a business of using social trends to identify new business ideas.
Answer:
its a little like reading the weather, trends help display signals that create patterns, where patterns are most prominent these are indicators for your business to leverage the most suitable tools that your audience and business align.
According to ""scientific view of risk"" most risks are relative. What does this mean?.
Most risks are relative, indicating that any conveyed risk should be weighed with other risks or lost advantages that can result from attempts to decrease the given risk. In some circumstances, immediate risks such as hunger outweigh long-term risks such as carcinogens in meals.
For instance, people living in a subsistence society could hardly conceive of throwing away applesauce, as lots of Americans did during the Alar scare of 1989. To some, the actual threat of starving tomorrow offsets the risk of acquiring cancer 40 years later. In other circumstances, the steps taken to lessen a given risk may, in fact, pose a greater threat than the problem being handled. For instance, in the early 1990s, New York City shut its schools and disbursed $100 million to remove asbestos that many risk experts argued was more noncontroversial to leave in place. Further, children were out of school and playing on the roads, where the risk of harm and dying was far more than any posed by asbestos. Some risk assessors refer to such misguided endeavors to lower risk as “statistical killing.” Thus, according to "the scientific view of risk," most risks are relative.
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Companies who hire lobbyists to influence legislation affecting their industries are said to be taking __________ action to affect the publics and forces in their marketing environment.
Companies who hire lobbyists to influence legislation affecting their industries are said to be taking AGGRESSIVE action to affect the publics and forces in their marketing environment.
What is Marketing environment?
The marketing environment is a confluence of internal and external variables that affects a company's capacity to build relationships with and provide for its clients.An organization's marketing environment is made up of both internal and external factors.The internal and external environments of the company make up the marketing environment. While the firm has some control over the internal environment, it has little to no influence over the external environment.The job environment, as well as the general environment and marketing environment. The immediate actors involved in acquiring, distributing, and promoting the offering are included in the task environment.To know more about Marketing environment visit:
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What should the management of sports products, inc., pursue as its overriding goal? why?
The management of sports products, inc., pursue as its overriding goal as "the primary goal of the firm should be to maximize shareholder wealth, which means maximize share price."
What is share price?A share price, also known as a stock price, is the cost of purchasing one share of a company.
Some key points related to share price are-
A share's price is not fixed and varies as according market conditions. It will most likely rise if the business is thought to be doing well, and fall if the business fails to meet expectations.Share prices are initially determined by a company's initial public offering (IPO), where the price of one share is set based on the perceived supply and demand for that company's stock. Prices are typically set by a bookrunner, who is a lead manager hired specifically to assist the company in determining a suitable price for its IPO.To know more about the share price, here
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Just learned/registered to be a therapist! Let me know if you want to talk about anything, or just have conversations. I want everyone to know that I’m here and I know it’s hard to put your feelings on the internet but I want you to feel safe. Feel free to leave anything in the comments
Answer:
wow i totally need this
Explanation:
Describe how three departments other than hr might have evolved in a manner similar to the evolution of hr according to the organizational management principles of the health care institution.
The function of human resources departments has altered as a result of the digitalization of HR and the younger workforce. Human resources have a long history that begins in the late 1800s when industrial welfare workers began inspecting companies and assisting in the regulation of work hours for a workforce that included youngsters.
In conclusion, the three critical phases for the development of HRM are:
1. the labor welfare phase;
2. personnel management; and
3. the HRM phase.
HRM is employee management with a focus on those workers as company assets. Employees are sometimes referred to as human capital in this sense.
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If lucinda has only $60 to spend and the price of kewpie dolls and the price of beanie babies are both $12, how many of each will lucinda buy if she is rational?
If she is rational, Lucinda will buy 5 of each artefacts which costs $12 each. See explanation below.
Who is a rational consumer?A rational consumer is an economic parlance that assumes that while making a decision, customers would always prioritize maximizing their own advantages.
When making a selection, rational consumers choose the alternative that will provide them with the maximum utility and satisfaction.
Hence, as a rational consumer, Lucinda will spend $60 to purchase 5 of each product.
Given that both dolls are $12, to max out or achieve maximum satisfaction, the entire $60 must be expended to the full.
Hence,
$60/ 12
Maximum Utility Spend = 5 of each product.
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Question what is the breakeven sales revenue in usd when fixed costs are $80,000 and contribution margin is $30,000?
Answer:50,00
Explanation:
________ compels state governments to obey costly federal regulations but does not reimburse those costs.
Subsidies compels state governments to obey costly federal regulations but does not reimburse those costs.
Subsidies are like the financial support provided by the government that is the funding to various institutions and people from the public welfare organisations to help provide the goods and services at a premier rate to everyone.
The federal regulations and cost incurred are less because of the availability to everyone and the sole purpose is to provide it to everyone .Overall subsidies are the development for an economy.
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Assuming you have a tcf free student checking account, which fee would end up costing you extra money?
a. out-of-network atm fee
b. monthly maintenance fee
c. paper statements fee
d. account closing fee
You have a tcf free student checking account, which fee would end up costing you extra money Out-of-network ATM Fee
therefore the correct option is A
TCF Student free checking
The Federal Deposit Insurance Corporation insures this account up to $250,000 per person (FDIC). You are protected by the FDIC, an independent agency of the US government, in the event that a bank or savings organisation that has deposits insured by the FDIC fails. The entire confidence and credit of the US government supports FDIC insurance.
No monthly charge.
There is no monthly service fee associated with this account.
Zero ATM fees.
For ATM transactions made inside the TCF Free Student Checking network, there are no fees, however outside the network, there may be a price of up to $3.
Pay bills.
Use TCF Bank to pay your bills to just about anyone in the US.
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Which department is most likely to conflict with public relations over responding immediately to media requests for information during crises?
Marketing department is most likely to conflict with public relations over responding immediately to media requests for information during crises.
It acts as the public face of your firm by organising and creating the materials that reflect it. Reaching out to potential clients, consumers, investors, and/or the general public is the responsibility of the marketing department, which must also develop a unified brand image that favourably portrays your business.
Understanding your market and rivals, establishing your company's market positioning, pricing, and services, promoting the company to your target audience, and outlining how they might profit from collaborating with you are all steps in the marketing process.
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In leadership as managed culture change and possibly in the new phase, culture creation contingency leadership, organizational culture creation by leaders is?
Social Responsibility in leadership is managed culture change and possibly in the new phase, culture creation contingency leadership, organizational culture creation.
It is responsibility of an organisation to serve the legal and social compliance of an organisation. It covers the environmental issues, security issues and release issues of the organisation. It preserves the culture by binding change in decisions in the favor so that protection can be easily done.
Culture creation and awareness maintain by the leaders is the necessary part of the organisation. The management is therefore done through the social responsibility of a firm.
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A _________ license allows companies to install the software on multiple (or all) the machines that they own.
A "Volume" license allows companies to install the software on multiple (or all) the machines that they own.
What is Volume license?Volume licensing is a type of software licensing arrangement in which a single license key is used to authorize software on multiple computers.
Some key features regarding the Volume license are-
For example, a company may buy a software license that enables up to 50 of its employees to utilize the software concurrently. A single VLK (volume license key) can be used to authenticate this same software for all installations in this case.Product licenses would not expire: they are valid for the life of the product. Benefits from Software Assurance (SA) expire after two years, but they may be renewed for a fee up to 90 before the expiration date. There isn't a grace period just after license period has expired to renew your benefits.To know more about the Volume license, here
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On the income statement, income from operations differs from income before income taxes in that ______ are subtracted from income from operations to arrive at income before income taxes
The difference between Income from Operations and Income before Income Taxes on the income statement is that Income before Income Taxes is calculated by deducting non-operating or infrequently occurring transactions from Income from Operations.
The word "income tax" refers to a category of tax that governments apply on income produced by organizations and people under their control. Taxpayers are required by law to file an income tax return each year in order to establish their tax liabilities. Governments receive funding from income taxes. They are used to pay for debts owed to the government, fund public services, and supply residents with goods. Many states and municipal governments, in addition to the federal government, also demand payment of income tax.
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How many chargers must be produced and sold if you wish to make a profit of $45389? round up to the nearest whole number?
According to the Question,
Cost function equals 50500+2.48x
(fixed cost + variable cost).
Income function = 14.65xRevenue function minus cost function equals profit.
Profit function equals (50500 + 2.48x) / 14.65.Profit function equals
14.65 x 50500 - 2.48 x, or 12.17 x 50500.If x is now 5500,
Profit thus equals
12.17 x 5000 – 5000 = 16435.Given that profit is 45389, this means that
45389 = 12.17 x 50500 (45389 + 50500) / 12.17 equals 7879.In order to make a profit of $45389, 7879 charges must be sold.
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Correct Question - Your Company Sells Phone Chargers. The Fixed Costs For Your Company Are $50,500. It Costs $2.48 To Produce Each Phone Charger And Each Sells For $14.65. What Are The Cost, Revenue And Profit Functions? Compute The Profit (Loss) Corresponding To Production Levels Of 5,500 Chargers. How Many Chargers Must Be Produced And Sold If You Wish To Make A Profit
What are the cost, revenue and profit functions?
Compute the profit (loss) corresponding to production levels of 5,500 chargers.
How many chargers must be produced and sold if you wish to make a profit of $45,389? Round to the nearest whole number.
Which process occurred when a nurse manager commissioned a special committe to revise a set of standardized patient forms?
This process is called delegation.
Delegation is the practice of giving a competent person the power to carry out a chosen nursing duty; in this example, the task in question was to update the documentation forms. In this situation, the nurse manager will supervise the committee by reviewing the adjustments. Nursing supervision is guidance or evaluation, and follow-up by the nurse to ensure that the task or activity is conducted appropriately. Collaboration is the process of employing an interdisciplinary (ID) plan of care to jointly design, carry out, and evaluate patient care. Delegation is the act of giving the assignment to another team member; quality improvement is the process of determining whether the patient and staff need additional changes to increase safety and efficacy. Forms revision may be done for quality improvement purposes.
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In order for a market economy to work, it is important that supply of a product must not be restricted by a producer. in other words, _____ must be banned.
'In order for a market economy to work, it is important that the supply of a product must not be restricted by a producer. in other words, monopolies must be banned.
As Irving Fisher explained, a monopoly is an uncompetitive market that creates a situation in which a particular person or firm is the sole supplier of a particular thing.
A monopoly is a situation where he is the only seller in the market. In traditional economic analysis, the monopoly case is viewed as the antithesis of perfect competition.
A monopoly is a company that is the sole seller of the product and has no substitute for it. Unregulated monopolies have market power and can influence prices. Examples: Microsoft and Windows, DeBeers and Diamonds, your local natural gas company.
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Within the context of strategic management it is important to understand that black swan events in the past have demonstrated that.
It is crucial to recognize that, as black swan events in the past have shown, stakeholders can influence or be affected by a firm's actions in the context of strategic management.
The management of an organization's resources to accomplish its goals and objectives is known as strategic management. Setting goals, assessing the external and internal environments of the firm, reviewing strategies, and ensuring that management implements the strategies across the organization are all part of strategic management.
There are various schools of thought in strategic management. While a descriptive method focuses on how strategies should be implemented, a prescriptive approach to strategic management specifies how strategies should be established.
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When it comes to fairness and honesty, what two things are expected of businesses?
When it comes to fairness and honesty two things are expected of businesses :
follow applicable laws and regulations made . avoid harming customers, employees, & clients or competitorWhat is the meaning of fairness in Business ethics?Fairness is concerned with decisions that are ethically correct, just, and equitable in their outcomes. Fairness is a virtue that essentially sets moral guidelines for decisions that have an impact on other people. Fair decisions are reached using the proper procedures and standards.
Why is honesty and fairness important in business?Since it establishes the tone for the type of workplace culture you want to foster, ensures consistency in workplace behavior, and fosters customer and prospect loyalty, honesty may be a crucial aspect of a firm.
Equity, respect, justice, and stewardship of the common world, both among people and in their relationships with other living things, are characteristics of fairness.
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If two duopolists can stick to a cartel agreement ot boost their prices, then both?
When two duopolists successfully enforce a cartel agreement to raise their rates, both make more money than they would have otherwise.
A cartel is a collection of producers who cooperate to safeguard their interests. When a few significant producers choose to work together on some elements of their market, cartels are formed. Once established, cartels can set prices for its members to prevent price competition.
Oligopolistic businesses join cartels to gain more market sway, and the group's members collaborate to decide on the volume of output and/or price each member will produce. The cartel members might act like monopolists because of their cooperation.
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A budget deficit occurs when expenditures exceed _______________. revenue borrowing appropriations inflation
A budget deficit occurs when expenditures exceed revenue.
What do you mean by revenue?Revenue is the cash that a business generates via its operations. Depending on the accounting technique used, there are various ways to compute revenue. Sales made on credit will be counted as revenue for products or services delivered to the customer in accrual accounting. Revenue may be recognized in accordance with certain standards even though payment has not yet been made.
The cash flow statement must be examined in order to determine how effectively a business collects debts. Contrarily, cash accounting only counts sales as revenue when money has been exchanged. A "receipt" is a payment made to a business; receipts can exist without revenue.
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If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sales revenue, how will this error affect net income for the current period?.
Unearned income, commonly referred to as deferred revenue, is the term used to describe advance payments a business receives for goods or services that will be provided or rendered in the future.
Deferred Revenue
The company that receives the prepayment adds the sum to its balance sheet as deferred revenue, a liability. In the case of a prepayment, the other business would report its cash outlay as a prepaid expense, an asset account, on their balance sheet. Over time, the second firm records its prepaid amount as an expense at the same pace that the first company records its revenue. Due to the fact that it represents money promised to customers but has not yet been received, deferred revenue is a liability. On the income statement, the product or service is proportionally recorded as revenue as it is supplied over time.
On the balance sheet, the deferred revenue item is typically categorized as a current liability. If performance is not anticipated over the next 12 months, it can be categorized as a long-term liability. When a corporation receives an advance payment, deferred revenue is recorded as a liability on the balance sheet. This is so that it can fulfill its contractual commitment to provide the goods or services due to the client. Due to the ongoing chance that the good or service may not be provided or that the customer may cancel the transaction, the payment is regarded as a liability to the business. Unless alternate payment terms were expressly indicated in a signed contract, the business would be required to reimburse the client in either scenario.
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In the context of corporate social responsibility, __________ responsibilities are to obey local, state, federal, and relevant international laws
It implies that what is moral must originate from what an adult with sound "moral character" would see as proper.
Corporate social responsibility (CSR) is a self-policing corporate strategy that enables an organization to be socially accountable to its customers, employees, and stakeholders. Companies can be aware of their impact on the economic, social, and environmental aspects of society by engaging in corporate social responsibility, often known as corporate citizenship.
When a firm practices corporate social responsibility (CSR), it means that it operates in a way that benefits society and the environment rather than detracting from it.
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The principal-agent problem would not occur if ________ of a firm had complete information about actions of the ________.
The principal-agent problem wouldn't occur if owners of a firm had complete information about actions of the managers.
The principal-agent problem could be a conflict in priorities between someone or group and also the representative authorized to act on their behalf. An agent may act in an exceedingly way that's contrary to the simplest interests of the principal. The principal-agent problem is as varied because the possible roles of principal and agent. It can occur in any situation within which the ownership of an asset, or a principal, delegates direct control over that asset to a different party, or agent. the chance that the agent will act in an exceedingly way that's contrary to the principal’s best interest will be defined as agency costs.
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Japanese automobile producers sold more of their japanese production overseas than they sold in japan. their business strategy emphasizes:_________
a. importing.
b. exporting.
c. licensing.
d. dumping.
The correct answer is (b) exporting.
Japanese automakers exported more of their products than they did within their own country. their business strategy emphasizes: exporting.
What do exports and imports mean?Imports are the products and services that citizens of a nation choose to purchase over goods and services made in that nation. Since payments to sellers who are located outside are a part of import transactions, there is a corresponding outflow of funds from the nation.
Exports are products and services that are made domestically and then offered to clients in other nations. Due to the fact that export transactions entail selling domestic goods and services to foreign customers, they result in a financial influx into the seller's nation.
The significance of imports, exports, and the overall trade balance to each country's economy varies greatly.
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In a tweet to cooper, a reporter for the online daily bleat, evan accuses financial services corporation of cheating on its taxes. if false, making this statement is:_________
If in a tweet to cooper, a reporter for the online daily bleat, evan accuses financial services corporation of cheating on its taxes. if false, making this statement is: Defamation.
What is Defamation?Defamation can be defined as the way in which a person make false accusation or falsely accusing someone of what they do not do by damaging their reputation.
Based on the scenario the reporter has done what is called defamation of character or reputation because the report falsely accuse the financial services corporation for what they did not do.
Therefore If in a tweet to cooper, a reporter for the online daily bleat, evan accuses financial services corporation of cheating on its taxes. if false, making this statement is: Defamation.
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True or false: salaries receivable is the account used to record salaries owed to employees for work performed during the current period.
salaries receivable is the account used to record salaries owed to employees for work performed during the current period.
The given statement is False
Any money you owe your clients for products or services they previously purchased from you is referred to as accounts receivable. After a few weeks, this money is normally collected and added to the balance sheet of your business as an asset. In accrual basis accounting, you make use of accounts receivable.Employee receivables are any personal debts that staff members might owe the business. These could include things like paying back for broken equipment, covering individual travel costs, or providing travel advances.Receivables are debts owing to a business by its customers for goods or services used or supplied but not yet paid for. They are also known as accounts receivable. Receivables are recorded as current assets on the balance sheet of the company and are produced by extending the line of credit to clients.To learn more about salaries receivable visit:https://brainly.com/question/13287771
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