The 1990s saw an increase in income for many people. The cost of lumber soared throughout this period. There would be a decrease in housing supply and an increase in housing demand as a result.
In economics, the term "demand" refers to a consumer's willingness and desire to purchase goods and services at a particular price. Generally, as an item or service's price rises, less of it is demanded. If the price of a good or service drops, the amount required will go up in response.
Demand is a term that both consumers and businesses are extremely familiar with because it makes sense and naturally occurs throughout practically any day.
To know more about demand
https://brainly.com/question/1245771
#SPJ4
All possible customers in a market, regardless of the differences in their specific needs, are known as a __________.
All possible customers in a market, regardless of the differences in their specific needs, are known as a mass market. It alludes to a market for products that are mass-produced for a sizable number of final buyers.
What is Niche market ?
The portion of the market that a particular product is targeted toward is known as a niche market. The product attributes that are meant to address certain market needs, as well as the price range, production standards, and target demographics, are all defined by the market niche. Additionally, it is a minor market sector.
In contrast to specialty markets, the mass market targets customers from a broad range of backgrounds who lack recognizable preferences and expectations in a sizable market sector.
Hence, the answer is Mass market.
Learn more about Mass market here:
https://brainly.com/question/14418904
#SPJ4
Preferences of households can vary with time, prosperity, and context. the nuances in the preferences or needs of market subgroups are commonly referred to as:__________
Preferences of households can vary with time, prosperity, and context. the nuances in the preferences or needs of market subgroups are commonly referred to as "market segmentation"
What is Market Segmentation?
Market segmentation is a marketing technique that involves identifying certain customer groups in order to deliver particular goods or product lines to them in a way that appeals to their preferences. Market segmentation acknowledges that not all customers share the same preferences, means of consumption, or needs. Market segmentation is significant because it aims to make a company's marketing initiatives more strategic and focused, as opposed to broadly catering to all potential customers. A business can improve its chances of making sales and being more resource-efficient by creating specialised plans for certain items with target consumers in mind.
To learn more Market Segmentation
https://brainly.com/question/5545577
#SPJ4
Ricardo works in marketing for a soft drink company. His new outdoor advertising plan involves placing billboards for children near schools and playgrounds. Ricardo's goal is to increase the consumption of soft drinks by children ages 5-11. He knows that the drinks are not necessarily healthy for young children, but they can increase sales if they target this demographic.
Is Ricardo's marketing strategy ethical? (Ethical Principles: Integrity, Accountability, Transparency)
Why or Why Not
The marketing strategy that Ricardo has here is not one that can be regarded as an ethical one.
What is an ethical strategy?This is the term that is sued to refer to the strategy that is used to do business that would have to do with all of the strategies that has to do with doing things in the right ways while considering morality and social responsibility.
The reason why we can say that there is no ethical responsibility here is the fact that Ricardo is aware of what he is doing and the fact that it may have an adverse effect on people but he is still doing it because he wants to be able to drive his sales up.
Hence we can say that The marketing strategy that Ricardo has here is not one that can be regarded as an ethical one.
Read more on ethical responsibility here:
https://brainly.com/question/14757283
#SPJ1
Individualism points toward limited government, faith in economic markets, and a strong emphasis on?
Individualism points toward limited government, faith in economic markets, and a strong emphasis on equality, faith in God, and the American dream.
A government is an organization thru which leaders exercise electricity to make and enforce legal guidelines. a government's primary capabilities are providing leadership, keeping order, supplying public offerings, presenting national security, supplying monetary protection, and supplying financial help.
Authorities, Political gadget by way of which a frame of human beings is administered and controlled. exclusive ranges of presidency normally have specific obligations. the extent closest to those governed is local government. nearby governments include a grouping of person groups.
Learn more about government here:https://brainly.com/question/1078669
#SPJ4
If actual sales are $1,500,000 in the current year, what would be the forecasted sales for lockit in the coming year?
If actual sales are $1,500,000 in the current year, the forecasted sales for the lock it in the coming year.
The objective is to write equation 2 in the form Y = a + bx .
Denote the total cost by Y.
Assume that the fixed cost is given by a and that is equal to $1,000,000
Assume that the variable rate per unit is given by b = 0.00001
The total number of variables is x.
Hence, equation 2 can be written as,
Y = $1,000,000+ 0.00001x
The objective is to write equation 4 in the form Y = a + bx.
Denote the total cost by Y.
Assume that the fixed cost is given by a and that is equal to $600,000
Assume that the variable rate per unit is b.
Let locker net income is x₁,1 forecasted U.S. gross domestic product is x, and the Actual U.S.
gross domestic product is x3
Forecasting is the process of making predictions based on past and current data. Later you can compare these to what is actually happening. For example, a company may estimate revenue for the next year and compare it to actual results. Forecasting is a similar but more general term.
Forecasting is the process of projecting past sales demand into the future. By implementing a forecasting system, you can quickly assess current market trends and sales and make informed operational decisions. You can use forecasts to make planning decisions regarding: A sales forecast is a representation of an expected sales amount. A sales forecast estimates the amount a company plans to sell within a specific period of time (such as a quarter or a year). The best sales forecasts do this with a high degree of accuracy.
Learn more about forecasted here
https://brainly.com/question/13195929
#SPJ4
Decisions about how to manage the policies and decision rules related to inventory levels are considered:______
Decisions about how to manage the policies and decision rules related to inventory levels are considered Infrastructural decisions.
Decisions about how to manage the policies of a company involves various dimensions. It covers all aspects of a companies’ activities, from production decisions, to recruitment processes, to financial decisions, and marketing strategies.
One categorization of these decisions rules are formulated in terms of structural decisions and infrastructural decisions. Structural decisions are the major decisions that shape the way particular operations are executed. These decisions concern facilities, technology, and integration.
Infrastructural decisions relate to the policies and decisions that concern the inventory levels. They may be concerned with quality management systems, production planning, and development of new services and processes.
To learn more about decisions rules: brainly.com/question/17328252
#SPJ4
Morris lest, inc. purchased machinery for $10,000 cash. the effect of this transaction is to cause?
Morris Lest Inc.'s acquisition of machinery would result in the same level of total assets.
How will the assets fare?The acquisition of machines will boost total assets. For the production of products and services, equipment is a fixed asset that is necessary.
Cash is also an asset and using it to purchase items will reduce it. As a result, the total assets in this instance remained unchanged as one asset decreased and another increased by the same amount.
To learn more about effects of transactions on assets from the given link:
brainly.com/question/15588210
#SPJ4
The cost advantages that a firm obtains by increasing output, such as by spreading fixed costs over more units, are called economies of?
Cost advantages that arise for businesses that produce more because they can distribute fixed expenses over a greater number of units and utilize technology more effectively are referred to as: the benefits of scale.
What is Economies of scale?The cost advantages that businesses gain as a result of their size of operation are known as economies of scale in microeconomics. They are commonly quantified by the amount of output generated in a given amount of time. Scale can be increased when the cost per unit of output decreases. Technical, statistical, organizational, or other relevant variables to the level of market control may be at the core of economies of scale.
Economies of scale can be used to a wide range of organizational and commercial issues and at different levels, such as a production, facility, or an entire company.
To learn more about Economies of scale from the given link:
brainly.com/question/15605103
#SPJ4
The ______ form of managment holds that there are no universal management theories
The contingency approach is a form of management holds that there are no universal management theories.
Contingency approach to management tells that there is no single textbook rule to manage an organization or universal management theories.The contingency approach is also known as situational approach. In every business organization the best approach will be contingent upon internal and external needs of that organization.
Moreover, the Contingency Management theory tells that if leaders have good relationships with employees they will be able to exert more influence.
Contingency Management theory tells that organizations are open systems that need careful management to satisfy and balance internal needs and to adapt to environmental circumstances. Furthermore, there is no best way of organizing. The appropriate form depends on the task or environment within which the organization is operating. Therefore Contingency Management theory claims that there is no best way to organize a corporation, to lead a company, or to make decisions.
You can learn more about Contingency Management theory at
https://brainly.com/question/14566674
#SPJ4
To be included in the labor force, someone needs to be or actively searching for a(n)?
To be included in the labor force, someone needs to be working or actively searching for a job.
What is labor force?The pool of people who are either employed or unemployed is referred to as the workforce or labor force. It usually refers to people who work for a certain organization or sector, but it can also refer to a specific geographic area like a city, state, or nation. A company's value can be described as being represented by its "Workforce in Place." A country's workforce consists of both employed and jobless people (labour force). The sum of the number of individuals who are employed and looking for work is the labor force, often known as the workforce.
To learn more about labor force, Visit:
https://brainly.com/question/13962639
#SPJ4
To be included in the labor force, someone needs to be or actively searching for a job.
What is Labor Force?The Labor Force is the sum of employed and unemployed people, and the unemployment rate is the number of jobless people divided by the number of people in the labor force.
People are deemed employed if they work for pay or at their own business for at least one hour during the week, including the twelfth day of the month.
Persons "in the labor force" are individuals aged sixteen and up in the civilian noninstitutional population who are employed or unemployed and looking for work.
The Local Area Unemployment Statistics (LAUS) Program calculates the number of Labor Force members who are either employed or jobless in their local area.
Labor is the human aspect in the production of an economy's commodities and services. finding enough people with the necessary capabilities to satisfy rising demand This frequently leads to salary increases in some industries.
To learn more about Labor Force, visit:
https://brainly.com/question/13962639
#SPJ4
What are the key questions the manager of a process should ask? (check all that apply)
The key questions the manager of a process should ask are How can we make the process better? and Is the process performing well?. Viable managers assist with peopling stay roused to take care of their best responsibilities.
Who is a Manager?A Manager is an individual who oversees or is responsible for something. Managers have some control over divisions in organizations, or guide individuals who work for them.
A manager is the delegated head of a group who accomplishes objectives by furnishing staff individuals with direction and design. Managers are pervasive in each industry and in pretty much every organization and association since they further develop responsibility and increment efficiency.
A manager is an expert who plays an influential position in an association and deals with a group of representatives.
Therefore Frequently, managers are liable for dealing with a particular office in their organization.
Learn more about manager here:
brainly.com/question/28017308
#SPJ4
A feasibility study includes tests for ____ feasibility, which means that the projected benefits of the proposed system outweigh the estimated costs.
A feasibility study includes tests for operational feasibility, which means that the projected benefits of the proposed system outweigh the estimated costs.
Operational feasibility is the measure of calculating how a proposed system is well solved in the problems, and it also takes advantage of the oppurtunities which are identified during scope definition and how it also satisfies the requirements which are identified in the requirements analysis phase of system development.
Operational Feasibility also means a goal that can be completed without the unreasonable difficulty also without compromising safety and employing unnecessary means.
To know more about operational feasibility here:
https://brainly.com/question/14208774
#SPJ4
Contribution margin refers to the contribution made by each additional unit sold to ____.
After the business has achieved breakeven, the contribution margin demonstrates how much more money is made by producing each extra unit of the product. It calculates the "contribution" of each incremental sale to the overall profits of the business.
The selling price of one unit of products less the variable costs associated with producing that unit constitutes the contribution margin per unit. Each sale provides a certain amount to covering fixed costs, which is known as the contribution margin per unit. It will show how much profit is made per unit sold after the fixed costs are paid.
To learn more on contribution margin
https://brainly.com/question/15186113
#SPJ4
A company using accrual accounting may report revenue on the income statement even if it does not collect cash. this statement is:______
A company using accrual accounting may report revenue on the income statement even if it does not collect cash.
The above statement is true.
Regardless of when money is received, accrual accounting mandates that revenue be recognized in the period in which the task is completed.
What is accrual accounting?
The financial accounting approach known as accrual accounting enables a corporation to record income before getting payment for the goods or services sold, or expenses can be recorded as incurred before being reimbursed. Accrual accounting is one of two accounting methods; the other is cash accounting.According to the matching principle, which is the foundation of accrual accounting, economic events are recorded when a transaction takes place rather than when a payment is sent or received. In order to provide a more realistic view of a company's present financial state, this strategy combines the current cash inflows and outflows with anticipated future cash inflows and outflows.To learn more about accrual accounting visit:https://brainly.com/question/28390610
#SPJ4
Abc company reported net income of $50,000 and was required to pay preferred stock dividends of $10,000. net income available to common shareholders is:__________
Net income available to common shareholders is:$40,000
What is net income available to common shareholders ?
The net income available to common shareholders means the amount of earnings which of the company from the net income, which exclusively belong to the common shareholders from which common dividends and also retained earnings, since not all earnings belonging to common shareholders are paid as dividends, there is need to retain some and reinvest in the company.
The net income available to common shareholders is the net income of the company minus the preferred stock dividends
net income available to common shareholders=net income-preferred stock dividends
net income=$50,000
preferred stock dividends=$10,000
net income available to common shareholders=$50,000-$10,000
net income available to common shareholders=$40,000
Find out more about net income on:brainly.com/question/15406700
#SPJ1
In a bank reconciliation, an outstanding check is? a. deducted from the bank balance. b. deducted from the book balance. c. added to the book balance.
The bank balance is reduced by an unpaid check.
A bank reconciliation is what?A bank reconciliation statement provides a summary of banking and business activity in order to compare an entity's bank account with its financial records.
The statement includes a list of all deposits, withdrawals, and other activity for a certain time period affecting a bank account. An effective financial internal control instrument used to fight fraud is a bank reconciliation statement.
What Issues Arise Frequently During Bank Reconciliations?
When reconciliations are infrequent, it might be challenging to resolve issues as they develop because the necessary data may not always be accessible. A mismatch might also happen when transactions are not immediately reported and when bank fees and penalties are in effect.
Learn more about bank reconciliation with the help of the given link:
brainly.com/question/15525383
#SPJ4
On average, managers spend the least amount of time doing which managerial activity?
On average, managers spend the least amount of time doing the managerial activity is networking.
What is networking?
Networking is the technique of making connections with respect of the business environment. Managers very often get involved in developing relationships and making their own networks. They are accountable for monitoring and completing the given task in an effective way. So, they basically focus on many managerial activities like decision-making, planning things, communicating the required information, managing employees, etc.
Which managerial function is the most important?
The most important function of management is Planning. Planning means setting objectives in order to achieve , a goal in a limited time period .Several alternatives are formulated in order to achieve the goals.
Learn more about managerial activity:
brainly.com/question/26106218
#SPJ4
During the 1960s, u.s. firms created just over _____ of worldwide foreign direct investment and british firms were second accounting for just over 10 percent.
During the 1960s,US. firms created just over 65% of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.
What is meant by foreign direct investment?Foreign direct investment (FDI) is known to be a type oof cross-border form of investment.
Note that it it one where an investor that is known to resident in one economy set up a lasting interest in and a vital extent of influence over a firm that is found in another economy.
Therefore, note that during the 1960s,US. firms created just over 65% of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.
Learn more about foreign direct investment from
https://brainly.com/question/1125884
#SPJ1
People who have high self-esteem are more likely to succeed in achieving their personal goals because they?
People who have high self-esteem are more likely to achieve their personal goals because they are driven by the desire to see their dreams and goals achieved.
How important is it to develop self-esteem?Self-esteem corresponds to the appreciation of oneself, that is, it is the value that a person attributes to their physical, emotional and cognitive characteristics. When an individual has high self-esteem, he is more likely to face life and challenges with greater optimism, being more likely to develop strong relationships and preserve physical and mental health.
Therefore, self-esteem helps to direct the actions that are necessary to achieve personal goals and objectives, such as emotional intelligence, energy and persistence to deal with normal adversities of human life.
Find out more about self-esteem here:
https://brainly.com/question/8992294
#SPJ1
Explain why debt and credit are a bad idea. How could they negatively affect your life?.
Credit card debt is considered "awful" debt because of its high interest costs and occasional minimum payments, and the reality that it is not used to shop for appreciating property. Use your credit score cards for the rewards and other benefits, but pay the stability in full every month.
Debt can cause anxiety and depression, which could growth headaches, affect sleeping patterns and effect someone's capability to cognizance. This sort of physical stress on the frame can result in greater frequent colds and infections and affect someone's capability to visit work which further complements economic struggles. A bad credit records can have wider-ranging outcomes than you might assume. no longer simplest will a spotty credit document result in better interest fees and fewer mortgage options; it can additionally make it harder to discover housing and collect certain services. In some instances it can matter in opposition to you in a activity hunt. the primary disadvantage of debt financing is that interest must be paid to lenders, which means that the amount paid will exceed the quantity borrowed. A state saddled with debt may have much less to invest in its very own future. growing debt way fewer monetary opportunities for americans. rising debt reduces commercial enterprise funding and slows monetary growth. It also will increase expectations of higher costs of inflation and erosion of confidence within the U.S. dollar.
Learn more about Debt and Credit here:-
https://brainly.com/question/1327410
#SPJ4
Zach company owns 45% of the voting stock of tomas corporation and uses the equity method in recording this investment. tomas corporation reported a $20,000 net loss. zach company's entry would include a
The correct answer would be option D.
Since the Zach Company holds a 45% stake in Tomas Corporation's voting stock, their books of accounts will record $9,000 (45% of $20,000) out of the current fiscal year's net loss of $20,000 as disclosed by Tomas Corporation.
The investment in the Zach Company which was recorded using the equity method, will decrease by $9,000 as an unfortunate result of the company's loss. Therefore, Zach Company will deposit $9,000 into Tomas Corporation's investing account. Now the entries in Zach Company's books of accounts would include a credit of $9,000 to the investment account.
To learn more about investing see:
https://brainly.com/question/3729654
#SPJ4
Zach Company owns 45% of the voting stock of Tomas Corporation and uses the equity method in recording this Investment Tomas Corporation reported a $20.000 net loss. Zach Company's entry would include a
a debit to the investment account for $9,000.
b. credit to cash for $9,000.
c. credit to a loss account for $9,000.
d credit to the investment account for $9,000.
You have been offered providing proposal to an international manufacturing company which has:________
A business proposal letter is a letter that invites or suggests that two entities work together.
How to draft a letter of proposal for business
1. Make a corporate header
2. Clearly address the addressee
3. Include pertinent background details
4. Indicate the proposal's goal.
5. include a follow-up request
6. The letter should be properly closed.
7. Include any necessary supporting data.
What is a business proposal letter?
The partnership may take the form of contracts outlining the benefits it offers in exchange for the supply of goods or services. You can send a business proposal letter to potential customers to introduce your company and your offerings or as part of your response to a request for information about your business. An example of a business proposal letter is shown here:
to suggest a collaborationin order to offer marketing servicesrequesting sponsorshipto suggest an internal partnershipto offer a service or product that will solve a problemTo learn more about business proposal letter from the given link.
https://brainly.com/question/16374661
#SPJ4
Josh is willing to pay $500 for a set of tire, but he is able to pay $300 at the local tire store. his consumer surplus is:________
a) $800.
b) $300.
c) $200.
d) $500.
Answer:
200
Explanation:
The dupont equation shows the relationships among asset management, debt management, and __________ ratios.
The Dupont Equation shows the relationships among asset management, debt management, and Liquidity ratios.
Liquidity ratios are a significant class of monetary measurements used to decide an indebted person's capacity to take care of current obligation commitments without raising outside capital.
Normal liquidity ratio incorporates the quick ratio, current ratio, and days deals extraordinary.
Liquidity is the capacity to change over assets into cash rapidly and inexpensively.
Assets Management is the act of expanding total wealth after some time by obtaining, keeping up with, and exchanging speculations that can fill in esteem.
Debt Management is a method for fixing your obligation through monetary preparation and planning.
To learn more about Liquidity Ratios.
https://brainly.com/question/15395374
#SPJ4
The all-current-rate method dictated by the fasb no. 52 statement requires the translation of all balance sheet accounts at the ________ rate and all income statement items at the ________ rates.
The all-current-rate method dictated by the fasb no. 52 statement requires the translation of all balance sheet accounts at the closing rate and all income statement items at the average rates.
What is meant by current rate method?The majority of financial statement items are translated using the current exchange rate under the current rate method of foreign currency conversion.
When a company has operations abroad, it could be necessary to convert the foreign currency that is earned by such operations into the presentation currency, which is the currency that is used to prepare the firm's financial statements. The current rate technique is applied in circumstances where the subsidiary isn't well connected with the parent firm, and the local currency where the subsidiary works is the same as its functional currency.
The current rate technique is a widely used method of currency conversion that makes use of the current exchange rate on the market.
To learn more about current rate method from given link
https://brainly.com/question/14477444
#SPJ4
____ is the process of designing a product for efficient production at the highest level of quality.group of answer choices
Design for Manufacturing or DFM is the process of designing a product for efficient production at the highest level of quality .
Design for Manufacturing, or DFM, is what?Design for Manufacturing (DFM) is the process of creating goods, parts, or components that are simple to manufacture with the aim of producing them more affordably. This is accomplished by streamlining, improving, and perfecting the product design. Sometimes DFM and the abbreviation DFMA (Design for Manufacturing and Assembly) are used interchangeably.
Even though questioning the initial design is an essential component of a full DFM, bringing stakeholders together early in the design process is easier if you're creating a new product. By copying an earlier design, errors in a design are all too frequently replicated. Examine each component of your design.
To know more about ' DFM' , visit: https://brainly.com/question/24589869
#SPJ4
Which type of innovation is illustrated by toyota implementing lean production principles?
The type of innovation that is illustrated by Toyota implementing lean production principles is Process innovation.
What is process innovation?Process innovation refers to a type of innovation where a company implements better methods of production and service delivery to improve the quality of their products.
The lean production principles that Toyota has adopted are meant to make their cars of higher quality which means that Toyota is using lean production principles.
Find out more on lean production principles at https://brainly.com/question/17366921
#SPJ1
Compare and contrast the similarities and differences between international, domestic, and local hospitality and tourism
Evaluate and contrast the similarities and differences among international, domestic, and nearby hospitality and tourism: domestic and global tourism are such types whose fundamental difference is the form of tourists. home tourism involves citizens of one u . s. a . journeying inside that united states while global tourism involves vacationers who're visiting one-of-a-kind international locations.
The definition of domestic is a product made on your property u. s ., or a person hired to do family work such as cleaning. An example of a home is a product made inside the united states. An instance of a home is a housekeeper. Of or referring to a country's internal affairs.
Learn more about Domestic here:brainly.com/question/1198753
#SPJ9
Committee chairs and leadership positions in each house of congress are based on?
To The longest-serving committee members from the majority and minority parties are chosen as the chair and ranking members, respectively. This practice of choosing committee chairmen by seniority is not exclusive, however.
Leadership Roles in each house of congress:
1)The House's speaker.
2)Minority Leader.
3)Majority Leader.
4)Party leaders.
To learn more about Political Parties, visit the following link:
https://brainly.com/question/1860138
#SPJ4
Accounting is referred to as the language of business because it is the method of communicating business information to decision makers.
a. true
b. false
'Accounting is referred to as the language of business because it is the method of communicating business information to decision-makers.
This statement is True.
Accounting, also called bookkeeping, is the measurement, processing, and transmission of financial and non-financial information about economic entities such as businesses and enterprises.
Definition of Accounting is the process of systematically recording and maintaining financial accounts. Creating an income statement is an example of accounting. noun.
The process of systematically recording all company financial transactions. This includes analyzing, summarizing and reporting financial transactions to regulators, authorities and tax authorities. Accountants do the bookkeeping process for a company.
Learn more about Accountants https://brainly.com/question/26380452
#SPJ4