The government decides the means of product and owns the diligence to produce goods and services for the public. The government prices and produces goods and services that it thinks to benefit the people.
Ignores consumer preferences. This rapid-fire rallying frequently means command husbandry mows down other societal requirements. For illustration, the government tells workers what jobs they must fulfill, discouraging them from moving. The goods produced are not always grounded on consumer demand. Command economy is made possible by a high degree of state power, meaning the government owns land and primary diligence and largely controls the financial system.
Give three exemplifications of government control over the factors of production in a command frugality. The government generally owns nearly all of the land in a command frugality. In addition, they also give the utmost capital since the maturity of the structures, machines, and tools is government possessed.
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Carlos took seven years to pay off his loan by making identical quarterly payments. the loan had a principal of $22,375 and 5.49% interest, compounded quarterly. carlos paid a total of $28,821.67. how much did carlos pay in service charges? round all dollar values to the nearest cent.
a. $1,721.31
b. $4,725.36
c. $1,670.98
d. $6,446.67
please select the best answer from the choices provided a b c d
The correct response is a. $1,721.31. Carlos pay in service charges $1,721.31.
A service charge is a cost incurred to cover extra services obtained in addition to the main good or service acquired. The fee is typically imposed after the transaction is finished. Restaurants, banking, travel, and tourism are just a few of the industries that charge service fees. Tenants pay service charges to cover the cost of community or shared services provided to a building and, if relevant, the surrounding estate. In your leasing agreement, it is specified how charges are computed and what they cover. If a payment is explicitly presented to the customer as a totally discretionary contribution, HMRC will accept that it is a voluntary service charge. The material that the customer sees should reflect this and be in line with the guidance provided to clients by staff members.
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Beeline Inc. offers entrepreneurs the opportunity to operate a franchise under the Beeline trade name as a dealer that sells and leases Beeline equipment. To potential franchisees, Beeline must provide Group of answer choices none of the choices. projected earnings figures. no earnings figures. hypothetical earnings figures.
To potential franchisees, Beeline must provide projected earnings figures. An analyst's projection of future quarterly or yearly profits per share for a publicly traded firm is known as an earnings estimate (EPS).
In order to evaluate a company's performance and make investment decisions concerning it, investors significantly rely on earnings predictions. Consensus earnings estimates are the average or median projections made by a group of analysts regarding the profits or losses a firm is anticipated to experience over a specific time period, usually quarterly and annually. When something is foreseen or estimated, or when sections of something go beyond the rest, as in the case of projected pillars that rise past a building's roof.
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The short run is A. less than one year. B. a period of time in which all inputs can be varied. C. a period of time in which no inputs can be varied. D. a period of time during which some inputs can be varied and some cannot.
There are certain production factors that are variable in the short run, but there is always at least one stable production component. The primary components of production are land, labour, capital, and entrepreneurialism.
Does the short run fall under a year?The number of years or months is not a specific definition of the short-run. It is mostly reliant on the variables that affect production unpredictability. Option d is wrong since a short run is not defined as a time period during which some production factors are fixed but cannot exceed a year.
Short run production—what exactly do you mean?Production that can be finished because at least one production factor is fixed is referred to as short-run production. most of the time.
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Privott, Inc., manufactures and sells two products: Product Z9 and Product N0. The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product Z9 Product N0 Total
Labor-related DLHs $ 337,018 7,700 4,300 12,000
Product testing tests 52,247 1,050 1,150 2,200
Order size MHs 477,608 5,300 5,600 10,900
$ 866,873
The activity rate for the Labor-Related activity cost pool under activity-based costing is closest to:
A. $45.43 per DLH
B. $394.03 per DLH
C. $49.76 per DLH
D. $28.08 per DLH
Answer:
Option D is correct
Activity rate for the Labor-Related activity cost pool= $28.08 per DLH
Explanation:
Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers.
Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.
Activity rate per driver is calculated as:
Activity overhead for the period / Total cost drivers for the period
Activity rate for the Labor-Related activity cost pool
= Labour related overheads/Total labour hours
= $ 337,018 /12,000 labour hours
= $28.08 per Direct labour hour
Activity rate for the Labor-Related activity cost pool= $28.08 per DLH
On a CVP graph, the total cost line intersects the vertical (dollars) axis at A. the level of the variable costs. B. the origin C. the level of the fixed cost. D. the breakeven point.
Option D is correct because, at the break-even point, the total cost line on a CVP graph intersects the vertical (dollars) axis.
What is an analysis of cost-volume-profit?Break-even analysis, or Cost Volume Profit (CVP) Analysis, is a financial planning tool that business leaders use to choose short-term business strategies. The short-term effects of changes in selling price, costs, and volume on profits are communicated to business decision-makers by this.
Break-even analysis is the most common use of CVP by leaders in financial planning and analysis (FP&A). Simply put, break-even analysis is the process of determining how many sales are required to cover the costs of running a business to the point where there is no profit or loss.
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Death benefit proceeds from a life insurance policy are included in a decedent's gross estate in which of the following circumstances:
The decedent gave the policy to his father four years ago, but retained the right to change the name of the beneficiary.
The policy beneficiary is a grantor trust of the decedent but the policy is owned by a closely-held corporation.
The decedent gave the policy to a charity seven years ago.
The decedent transferred the policy to an irrevocable life insurance trust five years ago with no retained incidents of ownership.
A. 2 and 3.
B. 1 and 2.
C. 3 and 4.
D. 1 and 4.
Answer:
B. 1 and 2.
Explanation:
Life insurance policy can be defined as a contract between a policyholder and an insurer, in which the insurer agrees to pay an amount of money to a specific beneficiary either upon the death of the insured person (decedent) or after a set period of time.
A decedent refers to a deceased person who is no longer able to control his or her properties (wealth).
Generally, insurance companies across the globe charge millions of their customers (insured) premiums every year. This gives them the privilege of having a pool of cash which can be used to cover the cost of losses and destruction to the asset of a small fraction or percentage of its customers.
This simply means that, since insurance companies collect premium from all of their customers for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.
Death benefit proceeds from a life insurance policy are included in a decedent's gross estate in the following circumstances:
I. The decedent gave the policy to his father four years ago, but retained the right to change the name of the beneficiary.
II. The policy beneficiary is a grantor trust of the decedent but the policy is owned by a closely-held corporation.
The investment adviser of the GEMCO Special Situations Fund would find which of the following companies least attractive for the fund's portfolio?
A)
GHI Technologies, whose new microchip devices have caught the attention of the largest manufacturer in the field
B)
JKL Transportation Services, a company preparing to report a profit for the first time in four years
C)
ABC Corporation, whose shareholders have just reelected the current board of directors
D)
DEF Pharmaceuticals, whose application for approval of a new disease-fighting drug will likely be approved by the FDA
The reelection of the current directors of the ABC corporation will least likely be found as an attractive element in the portfolio of the investment adviser of GEMCO Special Situations Fund. Therefore, the option C holds true.
A portfolio which has been created with the specific purpose of making investments in companies having special situations in their operations will not invest in the ABC corporation if they have reelected their current board of directors. This is because, reelection of the directors is not attractive or a special situation, as it takes place during regular intervals.
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George will deposit $2,000 in a savings account at the beginning of each year for 8 years. Assuming the interest rate is 5%, how much money will George have in the acc
George will have $20,053 in the account at the end of year 8 if he deposits $2,000 in a savings account at the beginning of each year for 8 years with 5% as the interest rate.
Give a brief account on savings account.At a retail bank, a savings account is a checking account. Common characteristics include a cap on withdrawals, a lack of check and connected debit card facilities, a lack of transfer alternatives, and a prohibition on going overdrawn. Bank statements were not supplied for savings account activities in the past, which were typically kept in a passbook and sometimes referred to as passbook savings accounts. Nowadays, these transactions are typically kept electronically and are available online. For a variety of reasons, including a secure location to keep their cash, people deposit money into savings accounts. Interest is typically paid on savings accounts as well, and practically all of them build up compound interest over time.
To solve the question :
Money in account at the end of year 8 :
= (Deposited amount × FVAD)
= $2,000 x 10.0266 (factor at 5% for 8 periods)
(FVAD = the future value of annuity due)
= $20,053
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The complete question is mentioned below :
George will deposit $2,000 in a savings account at the beginning of each year for 8 years. Assuming the interest rate is 5%, how much money will George have in the account at the end of year 8? Round your answer to the nearest dollar.
Garett researched a career he is interested in. He found that the career requires an endorsement from a professional,
nongovernment organization that assesses workers. Based on his research, Garett will need a(n)
for this career.
Garett will require a qualification for this vocation, according to the provided statement.
Why do we evaluate?Children and adolescents are assessed to determine what they know, comprehend, and are capable of doing. Assessment is crucial for monitoring progress, determining future steps, reporting, and integrating parents, kids, and teenagers in the learning process.
How do you evaluate someone?There are multiple different ways to go about assessing a person's personality, and there is debate concerning many of the procedures and methodologies that are frequently employed. Interviews, attitude scales, self-reports, personality questionnaires, projective methods, and behavioral observation are a few examples of these evaluations.
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Answer:
qualification
Explanation:
edge 2023
data were collected on the amount in dollars that individual customers by on dinner in an Italian restaurant
The value of P(pesto and alfredo) is, 0.35
The following information was gathered about the dollar amounts that various diners spent on Italian food.
Use the formula:
Now we are going to consider A and B be 2 events.
According to the aforementioned claim, client sauce orders have been recorded by Angelina's Italian Restaurant.
P(pesto) = 0.42
P(alfredo) = 0.86 and
P(pesto or alfredo) =0.93
We must locate the P. (pesto and alfredo).
Apply the provided formula in the equation bellow we get.
P(pesto or alfredo) = P(pesto)+P(alfredo)-P(pesto and alfredo)
Substitute the values we have as givens;
0.93 = 0.42+0.86-P(pesto and alfredo)
⇒0.93 = 1.28-P(pesto and alfredo)
So;
P(pesto and alfredo) = 1.28-0.93= 0.35
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The correct question would be a s bellow,
Angelina's Italian Restaurant has collected data about customer sauce orders. It calculated that P(pesto) = 0.42, P(alfredo) = 0.86, and P(pesto or alfredo) = 0.93. Determine the P(pesto and alfredo).
________ refers to a channel stretching from raw materials to components to final products that are carried to final buyers.
The term "supply chain" describes a path that goes from raw materials to components to finished goods that are delivered to customers. A supply chain includes elements such as product development, marketing, operations, distribution, financing, and customer support.
The most basic kind of a supply chain is one that only involves a company, its suppliers, and its customers. A few examples include producers of raw materials, manufacturers, distributors, retailers, and retail customers. The physical comparison of a drawn-out, interconnected set of supplier operations that finally leads to the shipping of a finished product was first made public by Keith Oliver of Booz Allen Hamilton.
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multiple answers
These statements are true regarding association with a headhunter or recruiter:
1)referring other hard workers is appreciated by headhunters and recruiters
2) headhunters and recruiters work for you
3) instead of burdening your headhunter or recruiter, you should save time and contact an employer directly
4) headhunters and recruiters work for the employer
Headhunters and the recruiters both of them work for the employer of the company.
Option fourth is the correct answer.
Who is an employer?An employer is an individual who controls and manages the affairs of a company.
During the recruitment process, the recruiters hired individuals who are new to employment, that is, the freshers. In contrast, the headhunters hire those employees who already have an experience in the concerned field.
Therefore, the employer of the company is associated with both the headhunters and the recruiters.
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The contribution uton margin per unit expressed as a percentage of the product's selling price is th A. Volume variance B. Margin of safety.
C. Contribution margin ratio. D. Break-even point. E. Rate of return on sales.
The contribution margin ratio is the contribution uton margin per unit represented as a proportion of the product's selling price.
Providing something as a part or share, such as through a donation or the provision of something (such money or time). Money is being gathered to support the scholarship fund. By contributing (anything, including cash, goods, or time) — generally + to or toward — someone, a group, a cause, or an organization, you can show your support. Contribution is the difference between revenue and variable production costs. Formulae: Contribution is equal to total income minus all variable costs. Contribution per unit is equal to the selling price per unit less variable costs per unit. The volunteers helped clean up the city during their free time. Everyone's support would be greatly appreciated as we work to raise funds for a new school. He didn't contribute anything to the project.
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'Money is what money can buy '
Explain this statement in at least 10 lines
Answer:
yes
Explanation:
you are only able to purchase item or subscribe to services with the limited money you have which means you can purchase an item worth more than you have
Explanation:
moreMoney is what money can by is explain in terms of which you are only able to purchase item or subscribe to services with the limited money you have which means you can purchase an item worth more than you have for example you have a hundred of Naira and you want to purchase and item worth more than you have
BRAINILIEST PLEASEThe first economist(s) to formally suggest that trade was a win-win proposition was a. David Ricardo b. The mercantilists c. David Hume d. Adam Smith
The first economist(s) to officially recommend that exchange was a mutually beneficial suggestion was Adam Smith .
Who was Adam smith ?Because of his works "Theory of Moral Sentiments" and "An Inquiry into the Nature and Causes of the Wealth of Nations," Adam Smith is known as the "Father of Economics." He was regarded as the founder of modern economics. The book The Wealth of Nations by Adam Smith laid the groundwork for the modern academic discipline of economics.
What impact did Adam Smith have on society?Smith was the first to realize that economics should also consider how wealth is distributed rather than just how it is produced. England overturned the Corn Laws and became the dominant economic power in Europe during the Industrial Revolution in large part due to his ideas.
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What is any proprietary software licensed under exclusive legal right of the copyright holder? Multiple Choice closed source open source knowledge system open system
The correct option is A. Closed Source is Any proprietary software licensed under exclusive legal right of the copyright holder.
Proprietary software is software program that is deemed in the unfastened and open-source software to be non-unfastened because its writer, writer, or different rightsholder or rightsholder partner physical activities a criminal monopoly afforded through modern-day copyright and intellectual assets regulation to exclude the recipient from freely sharing the software program or editing it, and—in some instances.
The case with some patent-encumbered and EULA-bound software—from using the software on their personal, thereby limiting his or her freedoms. it is frequently contrasted with open-source or loose software. for this reason, it's also referred to as non-loose software program or closed-source software program.
A software dealer delineates the precise terms of use in a stop-consumer license agreement (EULA). The person may comply with this contract in writing, interactively on screen (clickwrap), or with the aid of establishing the box containing the software (cut-back wrap licensing). License agreements are typically not negotiable.
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All of the following are Trade Reporting and Compliance Engine (TRACE)-eligible and require reporting, except A) corporate bonds. B) new issue primary market securities. C) asset-backed securities (ABS). D) collateralized mortgage securities (CMOs).
The correct answer is C) asset-backed securities (ABS). are Trade Reporting and Compliance Engine (TRACE)-eligible and require reporting, except.
The term "TRACE-eligible security" refers to any debt securities issued by domestic and international private issuers that are depository eligible under NASD Rule 11310(d); investment grade or non-investment grade; and, if a "restricted security" as defined in Securities In compliance with FINRA laws and regulations, companies are obligated to record trades. The trades of Treasury securities, securitized goods, agency bonds, and corporate debt that a member company reported to the Trade Reporting and Compliance Engine are covered in these monthly reports (TRACE).
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If the number of labor force participants equals 146.8 million people and 8.2 million are unemployed, how many are employed
The Employed Population is computed at 138.6 Million.
The definition of employment rate is the percentage of the labor force that is employed. They are calculated as the proportion of people who are employed to people who are of working age. The economic cycle has an impact on employment rates, but over the long run, higher education, income support, and policies that encourage women and underrepresented groups in the workforce have a substantial impact.
Given Data:
Labor Force = 146.8 Million
Unemployed Population = 8.2 Million
Using the following formula, we can calculate the Employed Population:
Labour Force = Unemployed Population + Employed Population
146.8 = 8.2 + E
E = 146.8 - 8.2 = 138.6
Therefore, the Employed Population = 138.6 Million.
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compare the following to dtermine which is not a way that companies can reduce the risk of new product failures
Companies can save money by including customers in the product development process early on and getting their buy-in commitment. Alternatives exist. Some corporations are asking for new product ideas from customers and pursuing the most popular ones.
Companies aim to create what clients want, when they want it, without overstocking. Given customers' rapidly changing preferences, variety of needs, and micro-segmentation of numerous product categories, manufacturing nirvana is becoming harder to achieve. Many consumer goods companies must now serve niche markets to thrive and avoid price competition.
Forecasting new product specifications and sales volumes are growing harder. New goods generally fail at 50% or more, according to recent studies1. Misunderstanding client needs is to blame. Thus, many new goods fail due to market failure, not technological issues. Thus, studies have indicated that timely and trustworthy client preferences and requirements are the most crucial information for product creation. 2 Many firms have invested heavily in traditional market research to gather such data, albeit often unsuccessfully.
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The right way of asking this question is:
Compare the following to determine which is NOT a way that companies can reduce the risk of new product failures.
A. carefully listen to the customer for new product ideas
B. understand current market trends to anticipate demand
C. be willing to fail on occasion
D. anticipate changes in the marketplace
E. skip steps in the development process to market a product sooner
Dividend yield is the percent of cash dividends paid to common shareholders relative to the: a. Amount of cash. b. Investors' purchase price of the stock. c. Earnings per share. d. Amount of retained earnings.
e. Common stock's market value.
Definition: Dividend yield is the monetary ratio that measures the quantum of cash dividends paid out to shareholders relative to the market cost per share.
It is computed by means of dividing the dividend per share with the aid of the market fee per share and multiplying the result by 100.
What is dividend yield a percentage of?The dividend yield is a financial ratio that tells you the percentage of a company's share rate that it can pay out in dividends every year. For example, if a organization has a $20 share charge and will pay a dividend of $1 per year, its dividend yield would be 5%.
What Is percent yield simple definition?The simple definition of percentage yield is the genuine yield divided by means of the theoretical yield times a hundred (to convert to a percentage). Percent yield =actual yieldtheoretical yield×100% The theoretical yield is the most quantity of product a reaction should produce
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Communication broke down on multiple levels, and employees failed to question authority. The employee behavior could be attributed to the higher endorsement of ________ in Japan.
The employee behavior could be attributed to the higher endorsement of legality in Japan.
Communication is known to be a process by which information is exchanged between multiple individuals through a common system of symbols, signs, or behavior. In our daily life, communication helps us build relationships by allowing us to share our experiences and needs, and helps us connect to others. It's the essence of life, allowing us to express feelings, pass on the information and share thoughts.
Most people think about speech when they think about communication but there are many other ways we can also use to communicate with each other.
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Why is it important for consumers to compare?
Consumers compare brands, products, and product classes to allocate their budgets. They compare particulars on price and the mileage they anticipate to decide from the particulars' features.
It's especially salutary when buying precious particulars, particulars you buy frequently, or particulars where the product quality or price varies greatly. Through announcements, registers, and online quests, comparison shopping is easy and can save you, plutocrats.
Consumers compare brands for shopping is the only way to familiarize themselves with the stylish available interest rates, know how important analogous homes and buses are dealing for and ensure they pay as little as possible on your big expenditure.
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Within the context of the culture of poverty, which of the following most clearly describes why individuals who are part of this culture become trapped in a downward economic spiral ?
A) Unemployment causes poverty; a lack of willpower and motivation can, in turn, cause unemployment in people who do not have a strong work ethic.
B) Individuals lack the finances to pay rent, so they eventually do not have an address to use in filling out job applications.
C) Characteristics of poverty (joblessness and lack of financial independence) can, in turn, contribute to attributes (feelings of powerlessness and low self-esteem) that sustain poverty.
D) Poverty is passed on from generation to generation; individuals learn at an early age that there is no way to escape living in poverty.
Characteristics of poverty (joblessness and lack of financial independence) can, in turn, contribute to attributes (feelings of powerlessness and low self-esteem) that sustain poverty. Option C is correct.
Poverty in our culture means about not having enough money to meet basic needs including food, clothing, and shelter. However, poverty is more, much more than just not having enough money. The World Bank Organization describes poverty that Poverty is hunger along with a lack of shelter.
Poverty leads to no education and unemployment opportunities, which further contributes to income inequality and perpetuates the cyclical effects of poverty. Unmet social needs, environmental factors, and barriers to accessing health care contribute to worse health outcomes for people with lower incomes.
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What are the pros and cons of a free enterprise system?
Free enterprise works by allowing people to do what they make stylishly and trade for the rest. Competition is a driving force of free enterprise, performing with lesser effectiveness and lower prices for the consumer.
Countries embracing free request principles profit from an advanced standard of living. Uneven profitable growth occasionally, growth is fast, and other times it's slow. Growing gaps between rich and poor rich feel like getting richer, and the poor feel like getting poorer. Large “force-side” tendencies enterprises will combine and reduce competition.
It has to break a specific problem the business has. One of the major benefits of free enterprise operations is that it improves the company's overall effectiveness. Thanks to a better information workflow, simpler IT structure, process robotization, data storehouse, and standardization.
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Which of the following headlines deal with what, how, and for whom questions? A. Coach earns more than Prof!
B. Smoking is on the decline C. Health food craze takes off A. Statement A deals with how, B deals with what, and C deals with what B. Statement A deals with for whom, B deals with what, and C deals with how. c. Statement A deals with what, B deals with how, and C deals with how. D. Statement A deals with how, B deals with what, and C deals with for whom. E. Statement A deals with for whom, B deals with what, and C deals with what.
For a Coach earns more than Prof! headlines deal with Statement A deals with for whom, B deals with what, and C deals with what.so correct option is E.
Coach: Still a luxury company?Even though Coach's items are of good quality, they lack the luxury of brands like Louis Vuitton or Hermes. Coach fits comfortably in the middle of the range when comparing prices. Despite being more expensive than genuine luxury labels, it is still more inexpensive than Michael Kors or Kate Spade New York. Bags designed particularly for the outlet stores (of inferior quality) and Coach store overflow are two different types of merchandise available at Coach Factory Outlets. At Coach Factory Outlets, made-for-outlet bags make up about 90% of the inventory, meaning they are of poorer quality but are also less expensive.
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Define Producer Surplus Question One of these demand and supply diagrams holds within it the concept of economic efficiency for lawn mowers. The shaded triangular shape represents producer surplus, which demonstrates that the area between the market price and the segment of the supply curve below the equilibrium. The equilibrium price for lawn mowers is $700 and the equilibrium quantity is! 600 mowers. Choose the correct shaded triangular area that represents the area of producer surplus of lawn mowers. Select the correct answer below: O this shaded area represents producer surplus Supply Demand Price of Lawn Mowers (Hundreds $) Equilibrium (11,7) (11, 1) 10 15 20 Quantity of Lawn Mowers (Hundreds) O this shaded area represents producer surplus O this shaded area represents producer surplus Supply Demand (11, 12,5) Price of Lawn Mowers (Hundreds $) Equilibrium (11,7) 10 152 0 Quantity of Lawn Mowers (Hundreds) O this shaded area represents producer surplus Demand Supply Price of Lawn Mowers (Hundreds $) (10, 11) Equilibrium 10 15 20 Quantity of Lawn Mowers (Hundreds) O this shaded area represents producer surplus Demand Supply Price of Lawn Mowers (Hundreds $) Equilibrium 0 (0,1) 5 10 15 20 Quantity of Lawn Mowers (Hundreds)
This shaded area (11,7)(11,1)&(6,7) represents producer surplus, which demonstrates the area between the market price and the segment of the supply curve below the equilibrium.
What is Producer surplus?The total amount a producer receives from producing a quantity of a good and selling it at the market price is known as producer surplus. The producer surplus is the sum of a producer's total revenue from sales minus the marginal cost of production.
By dividing total revenue by total marginal costs, a producer surplus can be calculated. It can also be determined by dividing the item's revenue by its marginal cost for each item sold. Producer surplus is the difference between total revenue and total variable cost, whereas economic profit is the difference between total revenue and total cost. The marginal cost for each item is the minimum price that can be accepted for each good. The fixed cost of production is the difference between economic profit and producer surplus.
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Which of the following is an assumption made in the money-creation process? • Banks only lend to borrowers who they know will pay them back. Banks lend out all deposits and hold no reserves. Banks hold all deposits as vault cash. All currency is deposited in a bank. Individuals do not deposit any currency in a bank.
Answer: All the options except the third one are assumptions made in money-creation process.
Explanation:
The following statements are assumptions made in the money-creation process:
Banks only lend to borrowers who they know will pay them back.
Banks lend out all deposits and hold no reserves.
All currency is deposited in a bank.
Individuals do not deposit any currency in a bank.
The statement "Banks hold all deposits as vault cash" is not an assumption made in the money-creation process. In fact, it is generally not true that banks hold all deposits as vault cash. Most banks hold only a small fraction of deposits as cash, and the rest is invested in various assets such as loans, securities, and other investments. This is known as fractional reserve banking, and it allows banks to create new money through the lending process.
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What restriction would the government impose in a closed economy the government would prohibit trade with other nations?
The cost of imported items would be decided by the government. Only traditional customs would be preserved by the government. Private property ownership would be prohibited by the government.
A government basic definition is what?A state or community's system of governance is known as a government. Government is described as "a method of social control where the right to create laws and the authority to enforce them is vested in a specific group in society" by the Columbia Encyclopedia.
A government structure is what?The U.S. Constitution grants Congress, the President, and also the Federal courts, respectively, the authority to act as the legislative, executive, or judicial departments of the federal government.
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Answer:
A. The government would prohibit trade with other nations.
Explanation:
What are the examples of scarcity?
Examples of scarcity include clean water, food, shelter, medicine, and energy resources.
Scarcity is the fundamental economic problem that arises due to finite resources and unlimited wants. Scarcity forces us to make decisions about how to best use our limited resources. Clean water is scarce in many areas due to pollution and over-extraction from aquifers.
There is also global food scarcity due to population growth, drought, and climate change. The shelter is scarce in many areas, leading to homelessness. Medicine is also scarce, leading to many people not having access to the medical care they need. Finally, most energy resources are finite, leading to a scarcity of energy sources.
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What are the bad things about automation?
The negative impact of the automation is there are possibility that workers will become slaves to automated machines. If it is happen, so that the privacy of humans will be invaded by vast computer data networks and will compromise data security.
In this era, Automation generally can be defined as a wide range of technologies that reduce human intervention in processes. The key process of automation is by predetermining decision criteria, related actions, subprocess relationships, as well as embodying those predeterminations in machines. In the other side, automation has a biggest impact through the production process, but in other hand, it is also has a biggest negative impact.
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