The number of sellers or competitors in a market is a determinant or shifter of the supply curve.
Who is a seller?A seller can be defined as a person selling their goods or services to the people in the market. A seller can be an individual, a wholesaler, or an enterprise.
The change in the supply curve can be defined as the relation between the price of the commodity and the number of suppliers.
As a new competitor or new supplier enter the market, there will be a consequence ship in the supply curve, and they change the moment from the upward and the downward slope.
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When an individual transfers property to another taxpayer during their life, without receiving or expecting to receive value in return, the property transferred is a(n):_________
When an individual transfers property to another taxpayer during their life, without receiving or expecting to receive value in return, the property transferred is a GIFT.
What is a gift for tax purposes?For the purposes of taxation of property, a gift refers to a property that a taxpayer gives to another taxpayer while both are still alive.
Another requirement for the property to be a gift is that the person who gave it, should expect nothing in return. Gifts are not as taxed as other transactions.
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The adjusted trial balance provides account balances reported in which financial statements?
The adjusted trial balance provides account balances reported in which financial statements:
Statement of stockholders' equity
Balance sheet
Income statement
What is Income statement?
One of the most often and important financial statements you're likely to see is an income statement. Income statements, sometimes referred to as profit and loss (P&L) statements, include the cumulative effect of revenue, gain, expense, and loss transactions and include a summary of all income and expenses for a specific period.
Therefore,
Statement of stockholders' equity
Balance sheet
Income statement
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Liability without fault is referred to as: _________
a. censored liability.
b. negligence.
c. strict liability.
d. products liability.
Liability without fault is referred to as: strict liability. Strict liability is defined as liability that is present regardless of fault. In circumstances involving strict liability, this means that the defendant is responsible even if he did not intend to hurt the plaintiff and did not bring about the incident via carelessness or negligence.
The Rule of Strict Liability, often called The Rule of No-Fault Liability, states that a person may be liable even though they are not at fault.
Although the person in this scenario may not have committed any damaging or careless acts and may even have made some constructive attempts, the rule nonetheless entitles him to compensation.
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If the price of an item b (which is a substitute for item a) decreases, then people will buy ________ of a
If the price of item B (which is a substitute for item a) decreases, then people will buy LESS of A.
Substitute Goods: In the eyes of the consumer, substitute items are the same as, very similar to, or equivalent to another product. The same wants of the clients can be partially or totally satisfied by substitute goods. The consumer thinks they can therefore be replaced one for the other. Coca-Cola can be substituted with Pepsi-Cola and vice versa.
If the price of item B (which is a substitute for item a) decreases, then people will buy LESS of A.
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What method must a class implement in order to concatenate an object of the class with a string object?
To String () method must be a class implement in order to concatenate an object of the class with a string object.
The class String Builder has the append() function for concatenation operations. Objects, String Builder, int, char, Char Sequence, boolean, float, and double are just a few of the numerous types of arguments that can be passed to the append() method. In Java, String Builder is the most widely used and efficient method of concatenating strings.
In contrast to String objects, String Builder objects can be altered. These objects are handled internally as character-sequence-containing variable-length arrays.Unless string builders provide an advantage in terms of shorter code , strings should always be utilized.
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Agregate demand decreases and real output fails but the price levelremins the same, which factor would most likely?
Aggregate demand decreases and real output fails but the price level remains the same is because of the efficiency level.
How Does Aggregate Demand Affect Price Level?The primary factor influencing supply and demand in the economy is the cost of goods and services. But the opposite is also true: shifts in supply and demand have an effect on how much products and services cost. The relationship between overall price levels and total demand is not always obvious or direct. In contrast, an increase in aggregate demand generally (and under ceteris paribus circumstances) results in an increase in the price level.
When the components of aggregate demand—consumption spending, investment expenditure, government spending, and spending on exports less imports—increase, so does aggregate demand.
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What is an example of an external force that represents financial factors affecting a business?
Interest rates are an example of an external force that represents financial factors affecting a business
This is further explained below.
What is business?Generally, The process of operating a company, which includes the creation of items in addition to their acquisition and sale, may provide a person with a means of subsistence or enable them to generate monetary gains.
In addition to this, it may be used to refer to "any activity or corporation that is involved in for the purpose of profit."
The term "financial factors" refers to financial policies, financial conditions, and capital structure.
Financial factors are an important internal component that has a great impact on the operation and performance of the corporation. In order to launch and maintain the company, you will need access to sufficient financial resources.
In conclusion, The rate of interest is one example of an external force that is representative of the many financial forces that influence a company.
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When the economy is strong, consumers are _____ likely to borrow money to purchase a home or go on a vacation.
When the economy is strong, consumers are more likely to borrow money or take loans to purchase a home or go on a vacation.
What is loan?
A loan occurs when one or more individuals, businesses, or other entities lend money to additional individuals, businesses, or other entities. The recipient incurs a debt and is frequently liable for interest charges up until the debt is paid off, in addition to the principle amount borrowed.
A person having strong and stable economy, have a high confidence that he will definitely repay the money he borrowed for any purpose. and this will made them more likely to borrow money for purposes like purchasing home or going on a vacation.
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Costco wholesale corporation changed its generous return merchandise policy for electronic goods to 90 days and the company suggests having a receipt. why would such a policy change be necessary?
Costco wholesale corporation changed its generous return merchandise policy for electronic goods to 90 days and the company suggests having a receipt. Such a policy change be necessary because -"This customer service was costing Costco money."
What is meant by return policy?A return policy is a written document outlining the procedures for returning purchased products or services. These policies frequently include reimbursement information, return requirements, timeframes, and contact information for customer support.
Every return policy should include a few key points to help consumers know the limitations and allowances your company makes for returns. This section contains the "meat" of your return policy, as it describes how much you'll accept from customers and how you'll refund them.It's critical to inform your customers about how long those who have to return a goods. In general, 15-30 days is conventional, though some businesses prefer 90 days. In either case, accepting returns after that time will do you no favors.Customers will try to return goods months, even years after they've been purchased if a time frame for returns is not disclosed.To know more about allowances, here
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Suppose that the price of tea, which might be a substitute for coffee, goes up. this might lead to ____ in the coffee market.
Let's say the cost of tea, a possible coffee alternative, increases. This might enhance consumer demand for coffee.
What Is a Demand?A consumer's desire to buy products and services and willingness to pay a certain price for them are two aspects of demand, an economic notion. When a product or service's price goes up, less people will typically buy it. In a similar vein, a rise in demand will follow a fall in a product or service's price.
Demand is a concept that both customers and businesses are highly familiar with because it is logical and happens frequently throughout the course of almost any day. When a product's pricing is low, for instance, shoppers who are keeping an eye on it will purchase more of it. Shoppers purchase fewer items or sometimes none at all when anything occurs that increases the price, such as a change in season.
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Employee behaviors directly involved in the transformation of organizational resources into goods or services are referred to as?
Employee behaviors directly involved in the transformation of organizational resources into goods or services are referred to as task performance
Resources are anything that has application and provides cost for your lifestyles. Air, water, meals, vegetation, animals, minerals, metals, and the whole thing else that exists in nature and has software to mankind is a 'resource'.
An aid is any physical fabric constituting part of Earth that people need and value. Natural substances end up resources while human beings price them. The uses and values of sources trade from way of life to tradition and once in a while. Resources are spatially allotted various in amount and first-class.
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A recent survey found that of those surveyed, over 25 round their most recent job through __________.
A recent survey found that of those surveyed, over 25 round their most recent job through Social media.
What is Social media?
Websites and programmes that emphasise collaboration, sharing of content, engagement, and community-based feedback are collectively referred to as social media. Social media is used by people to connect and communicate with their friends, family, and other communities. The use of social media has become a daily requirement in today's culture. Social media is primarily utilised for decision-making, news and information access, and social interaction. It is a useful tool for sharing, creating, and disseminating information as well as for communicating with people locally and globally.
Therefore,
A recent survey found that of those surveyed, over 25 round their most recent job through Social media.
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_______the real cost of government goods and services is? a. money. b. taxes. c. the private goods and services foregone. d. inflation.
Terms in this group (80) The private goods and services forgone represent the true cost of government goods and services.
What are goods ?Goods are any products, raw resources, or consumables that are sold to customers, businesses, or governmental organizations.
Services are tasks carried out for the benefit of the recipients, whereas goods are physical commodities offered to clients. Automobiles, home products, and apparel are a few examples of goods. Legal counsel, housekeeping, and consulting services are a few examples of services.
Normal goods, inferior goods, and Giffen goods are the three categories into which economists divide products.
The supply and demand in an economy play a big role in determining the prices of commodities. Private goods, common goods, club goods, and public goods are the four different categories of products.
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Iana has grown dramatically and now oversees five __________ that parcel out ip addresses to large isps and major corporations.
IANA has grown dramatically and now oversees five Internet Corporations for Assigned Names and Numbers (ICANNs) that parcel out IP addresses to large ISPs and major corporations.
What is IANA?The Internet Assigned Numbers Authority (IANA) is an organization that sets standards for various online based essential services such as IP address allocation and root zone management.
Since being established by the United States, they have grown to be more global and this is evidenced by the fact they now oversee five Internet Corporations for Assigned Names and Numbers (ICANNs).
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Of the four embraces that burstein discusses as being necessary for creativity to flourish, which do you feel might be the easiest for you to embrace? the most difficult? why?
The four embraces that presenter Julie Burstein discusses as necessary for creativity to flourish in her talk are:
ExperienceChallengeLimitationLossThe easiest characteristic for which an individual could embrace would be the experience, which according to Burstein is related to the attention that the individual gives to the world, that is, creativity can arise through the observation of society, nature and interaction with people.
The most difficult could be related to loss, which according to the author is related to the significant challenges that a human being experiences during his life, such as war, death and rejection, making this situation a motivation to develop creativity.
What is creativity?Creativity refers to the production of new ideas, knowledge and techniques, helping in the development of various areas of society, such as the scientific and artistic area, being an essential characteristic for innovation and improvements for society.
Therefore, in her speech Julie Burstein assists in a deeper understanding of creativity and how it can be transformative for society.
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Corporations typically set up one singular office to manage all stakeholders. True of false
The answer is true. Typically, corporations create a single office to oversee all stakeholders.
Who is a business stakeholder?All people or organisations with a stake in how well a firm operates are considered stakeholders. Building strong and balanced connections with stakeholders is crucial for organisations since doing so will influence how authentically they are able to address their needs.
What function does a stakeholder serve?A stakeholder is a person, group, or organisation that might have an impact on, be impacted by, or believe they are being influenced by a project's choice, action, or result. Stakeholders are people who are either actively involved in the project or who have interests that the project's results could influence.
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According to professor boyd (lec. 1-2), a written marketing plan is a(n) _____ document.
According to professor boyd (lec. 1-2), a written marketing plan is a dynamic document.
What is a marketing plan?Corresponds to a document where the marketing objectives and goals of the company are arranged, that is, it is a plan where the course of action is defined that will direct the organization in favor of promoting its products and services strategically, through communication, relationship , advertising, etc.
Therefore, the marketing plan is a dynamic document because it adapts to the market and to the micro and macroeconomic factors that impact the market, such as new consumer trends and technological innovations.
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Why does modigliani and miller's proposition i have to be corrected when there are corporate taxes?
Because levered firms pay fewer taxes than identical unlevered firms, MM Proposition I does not hold in the presence of corporate taxation.
What is MM Proposition I with corporate taxes?Two propositions are mentioned in Miller and Modigliani's theory. According to Proposition I, the market value of any firm is independent of the amount of debt or equity in its capital structure. According to Proposition II, the cost of equity is directly related and incremental to the percentage of debt in the capital structure. Because levered firms pay fewer taxes than identical unlevered firms, MM Proposition I does not hold in the presence of corporate taxation. The first proposition asserts that tax benefits resulting from tax-deductible interest payments increase the value of a leveraged company over the value of an unlevered company. The theorem's main premise is that income interest payment have a positive impact on a company's cash flows.Therefore, as levered firms pay fewer taxes than identical unlevered firms, MM Proposition I does not hold in the presence of corporate taxation.
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_____ refers to the system of behavioral rules and norms that emerge in a company.
Informal organization is The system of behavioral rules and norms that emerge in a group. organizational behavior. The study of the factors that have an impact on how individuals and groups respond to and act in organizations.
What is Informal organization?An informal organization can be described as the group of people who share a common identity as well as main commitment to achieve a common purpose.
It should be noted that Informal organizations are created by the will and shared identity of their members, hence Informal organization is The system of behavioral rules and norms that emerge in a group. organizational behavior. The study of the factors that have an impact on how individuals and groups respond to and act in organizations.
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If an organization wanted to improve employee involvement, efficiency, and customer satisfaction, what kind analysis might they conduct?
If an organization wanted to improve employee involvement, efficiency, and customer satisfaction, the kind of analysis they might conduct is Workflow analysis.
What is workflow analysis?Workflow analysis can be defined as the process of assessing an employee workflow so as to know their performance and to as well improve the employee efficiency leading to work productivity.
Companies tend to make use of workflow analysis so as to eliminate the work inefficiencies and improve efficiency.
Therefore If an organization wanted to improve employee involvement, efficiency, and customer satisfaction, the kind of analysis they might conduct is Workflow analysis.
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______________ can arise from the estimation process or the stability of the project team. assumptions internal risks cost overruns external risks.
Internet risk can arise from the estimation process or the stability of the project team. assumptions internal risks cost overruns external risks.
What is Internet risk?Online risk is the exposure of an organization's internal resources as a result of using the Internet to do business.
Online risk exists for all businesses that conduct a portion of their operations online. Personal information, project data, and data produced by systems or procedures used by the company to conduct its business all fall under the category of vulnerable data.
Using techniques and resources from a risk management strategy, you can effectively manage online risk, prevent it from happening in the first place, and take action if it does. Aware of online risk, able to foresee how a data loss might affect their business operations, and able to create contingency plans are all crucial skills for IT professionals.
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One financial intermediary in our financial structure that helps to reduce the moral hazard from arising from the principal-agent problem is the.
The venture capital firm is one financial intermediary in our financial system that aids in lowering the moral hazard that results from the principal-agent problem.
A conflict of interests between a person or group and the agent appointed to act on their behalf is known as the principal-agent problem. It is possible for an agent to take actions that are not in the principal's best interests.
As varied as the principle and agent tasks are, so too is the principal-agent problem. It can happen in any circumstance where the principal or owner of an asset transfers direct control of the asset to a third party or agent.
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Which type of revenue or gain is generally recognized with the passage of time? revenue from sales. gain or loss from disposition. long-term construction contracts. revenue from fees or services.
Long-term construction contracts type of revenue or gain is generally recognized with the passage of time long-term construction contracts
The definition of construction is the process of making something, the obsession with building, or the way something is put together. A construction example is creating and decorating a new ice cream parlor in a former shoe store. The construction industry is an important sector that contributes significantly to the economic growth of the country. The construction industry is an investment-oriented sector in which governments are showing great interest. The government contracts with the construction industry to build infrastructure in the health, transportation, and education sectors.
These are simple construction: Residential buildings such as single-family homes and apartment complexes. Commercial buildings such as offices and warehouses. Industrial facilities such as factories and large production facilities. Infrastructure projects such as roads, bridges, airports, and sewers.
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If the contribution margin ratio is 50%, target operating income is $30,000, and the sales revenue needed to achieve the target operating income is $300,000, what are total fixed expenses?
If the target operating income is $30,000, the contribution margin ratio is 50%, and $300,000 in sales revenue is required to reach the target operating income.
S- VC= CM - FC = P
.52(300,000) - FC = $30,000
150,000 - FC = $30,000
120,000 FC (150 000 - 30,000) represents the total fixed costs.
Defined Fixed Expenses
Making accurate financial budgets with the aid of cost and expense calculations.
Any expense that is constant throughout time, such as rent or mortgage payments, utility bills, and loan payments, is referred to as a fixed expense. Although the amounts may vary slightly—as with utilities—you are aware that they are regularly due.
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Thomas collects dimes and quarters in his change jar. if he has 4 more dimes than quarters, and the total amount of money in the jar is $26.30, find the number of each type of coin in the jar?
There are 75.29 quarters and 79.29 dimes in the jar.
Given,
In his change jar, Thomas collects dimes and quarters.
So if he has 4 more dimes than quarters, and the total amount of money in the jar is $26.30
Thus,
Let, x be the number of dimes.
And y be the number of quarters.
If Thomas has 4 more dimes than quarters,
y = x + 7
On the other hand, the total amount of money in the jar is $26.30.
0.24x + 0.10y = 26.30
Substitute the value of y in the given equation 2
0.24x + 0.10y = 26.30
0.24x + 0.10 (x+7) = 26.30
0.24x + 0.10x + 0.7 = 26.30
0.34x = 26.30 - 0.7
0.34x = 25.6
x = 25.6 / 0.34
x = 75.29
Substitute the value of x in the given equation 1
y = x + 4
y = 75.29 + 4
y = 79.29
Hence, there are 75.29 quarters and 79.29 dimes in the jar.
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Like a mortgage, a deed of trust has the __________ to enforce repayment of a debt.
Like a mortgage, a deed of trust has the power of the law to enforce repayment of a debt.
What is repayment of a debt?
Repayment refers to the act of returning money that has been borrowed from a lender. The return of funds often occurs through recurrent payments that comprise both principal and interest. The initial amount borrowed in a loan is referred to as the principle. In general, three debt repayment methods can aid individuals in more effectively reducing or eliminating their debt. Pay off the smallest debt as quickly as you can. Pay the bare minimum on all other loans. Then apply that extra money to the following biggest loan.
Therefore,
Like a mortgage, a deed of trust has the power of the law to enforce repayment of a debt.
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If a company fails to make an adjusting entry to record accrued expenses, the liabilities and net income will be overstated.
true/ false
'If a company fails to make an adjusting entry to record accrued expenses, the liabilities and net income will be overstated.
This statement is True.
In financial accounting, a liability is defined as a future waiver of economic benefits that a firm needs to provide to another firm as a result of past transactions or other past events.
Responsibilities can be defined in several ways. However, in actuarial calculations, liability term generally refers to the average (or mean) useful life of the liability. In other words, it refers to the average number of years it takes to pay off the debt.
Companies with liquidity problems can use debt to improve their liquidity. Most small businesses don't have enough cash to grow their business.
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Select all that apply what factors that affect a sales manager's performance are outside the manager's control? (choose every correct answer.)
Successful competition AND a downturn in the economy have an impact on a sales manager's success and are beyond their control.
Why is control management so important and what does it entail?
Controlling and directing employees' behavior is one of a manager's most crucial responsibilities. For your organization's systems and processes to function properly, control management is essential.
Tightly managed management processes are never finished; they are always in progress. They don't just happen by mistake. All processes, big and little, combine to form the total, as NASA tragically learned in 1986 when the space shuttle Challenger exploded.
A seemingly basic decision-making procedure in the production of O-rings went wrong with the Challenger catastrophe. As your company expands and your daily operations get more complicated.
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This benefit is conferred by the corporate form of organization in which an investor;s personal responsibility for the debt of the business are limited to the amount the investor has invested in the firm.
Limited Liability is the benefit conferred by the corporate form of organizations in which an investor's personal responsibility for the debt of the business is limited to the amount the investor has invested in the firm.
Limited liability enables people to escape personal responsibility for a corporate entity's losses, enabling risk-averse people to take on risks that they otherwise would not have. This means that in order to satisfy their debts, the creditors of an incorporated corporation cannot go after the owner's personal assets. Owners of a business that operates as a corporation are responsible for all debts and business losses up to the amount they invested in the corporation.
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Modern marketers use blank______ to focus how they approach their customers and market their products.
Modern marketers use blank data analytics to focus how they approach their customers and market their products.
What is data analytics?Data analytics is the study of examining unprocessed data to draw inferences about that data. Numerous methods and procedures used in data analytics have been mechanized into mechanical procedures and algorithms that operate on raw data for human consumption.
The phrase "data analytics" is wide and includes a variety of different methods of data analysis. To gain knowledge that may be used to improve things, any sort of information can be submitted to data analytics techniques.
Data analytics methods can highlight measurements and trends that would otherwise be buried in the sea of data. A business or system's total efficiency can then be raised by using this information to optimize processes.
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