The advantages of a closed economy is: An unrestricted frugality is a frugality that doesn't share in transnational trade, meaning it doesn't import or import goods and services from another country.
Disadvantage: An unrestricted frugality grows slower than open husbandry, as all goods must be produced and consumed within the single frugality. In practice, there are no countries with a Closed Economy at present. Brazil is the closest to unrestricted frugality as it has the least significant goods compared to other countries.
Still, it's insolvable to meet all the goods and service demands within the domestic boundary. A closed Economy is a frugality with no profitable relations with the rest of the world. This means there are no significances from other countries and no exports to the other country.
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Which of these might workers' compensation provide in at least some circumstances?
payments to the family of a worker who died.
medical treatment for injuries caused by a car crash that occurred while an employee was on vacation
payments to a worker after they retire
training to prepare an employee who was disabled by a workplace accident
D. training to prepare an employee who was disabled by a workplace accident is the answer
The workers' compensation must provide training to prepare an employee who was disabled by a workplace accident. Thus, option D is the correct answer.
What is workers' compensation?Workers' compensation is a type of insurance that provides wage replacement and medical benefits to employees who are injured on the job in exchange for a mandatory waiver of the employee's right to sue his or her employer for negligence.
Employers are strictly liable for the costs of any employee injuries resulting from any employment-related injury, regardless of fault, under workers compensation law.
Therefore, proper training must be provided to prepare an employee who was disabled by a workplace accident.
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Answer:
1. a 401(k) plan
2. training to prepare an employee who was disabled by a work place accident
3. . if you withdraw the saved money after retirement, you will most likely pay a lower tax rate on it
4. you will get 363.44 refund from the government
5. to provide medical coverage for people over the age of 65
Explanation:
these are the answers to the employment benefits and deductions quick check.
i got a 100 on it
What are three elements of the business environment?
1. Economic conditions: This element of the business environment refers to the state of the economy, both domestically and globally. Economic conditions include factors such as interest rates, inflation, employment and GDP growth.
2. Social and cultural factors: This element of the business environment includes the beliefs, values and attitudes of society. Social and cultural factors can influence the way a business operates.
3. Political and Legal Factors: This element of the business environment refers to the rules, regulations and laws that govern the business. Political and legal factors can have a direct impact on businesses as they can affect the cost of doing business and the ability to operate in certain areas. In addition, political and legal factors can affect the ability of businesses to enter foreign markets.
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communication in work teams v. traditional organization (Communication patterns are different in successful team environments as compared with traditional organizational structures:)
-Trust building is the primary factor that changes the organization's communication patterns.
-Open meetings are an important method for enhancing communication, as they educate employees about the business while building bridges of understanding and trust.
-Shared leadership, which involves more direct and effective communication between management and its internal customers, is common.
-Listening, problem solving, conflict resolution, negotiation, and consensus become important factors in group communication.
-Information flows vertically up to management and down to workers, as well as horizontally among team members, other teams, and supervisors.
Information is exchanged through communication. Communication can be categorized as spoken, nonverbal, or written. Internal, external, group and public discourse are all examples of this type of communication. Correspondingly, communication patterns reveal the ebb and flow of information exchanged among members of a group. It is a fundamental skill in any group setting.
In a business setting, the ways in which information is shared are governed by established communication patterns. According to established procedures, they serve as vital communication ties between different departments and teams.
These regularities have to do with the distribution of responsibilities and communications inside a company. It's connected to the group's decision-making and members' happiness, too. This concept can be used for conversations between individuals, but it can also be generalized to groups.
All-to-one communication is when many people share information with one person, and one-to-all communication is when one person shares information with many others. Public speeches, for instance, might be interpreted as employing a one-to-many mode of discourse.
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Because of Sarbanes-Oxley, publicly traded companies must develop _____ to assist in maintaining transparency in financial reporting.
Because of Sarbanes-Oxley, publicly traded companies must develop codes of ethics to assist in maintaining transparency in financial reporting.
SOX imposes criminal penalties for tampering with documents, retaliating against informants and whistleblowers, and otherwise impeding government processes and investigations into charges of corporate fraud.
The Sarbanes-Oxley Act of 2002 is a federal law that set stringent auditing and financial standards for publicly traded corporations. The Act was enacted to safeguard shareholders, employees, and the general public against accounting errors and unscrupulous financial practices.
The act established new corporate norms, such as establishing new auditor requirements to reduce conflicts of interest and transferring responsibility for complete and accurate financial reporting. To deter corporate asset fraud and misappropriation, the act imposes tougher penalties for perpetrators.
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How do you show a problem is undecidable?
An undecidable problem is one that should have a "yes" or "no" response, but for which there is no method that can provide an accurate response for all inputs.
Give an example of a problem that is believed to be intractable?According to computability theory, an undecidable problem is a particular kind of computational problem that needs a yes-or-no response but for which it is impossible for any computer program to consistently produce the right response. In other words, any such program would occasionally produce the incorrect response or would continue running indefinitely without producing an answer.An undecidable problem is one that should have a "yes" or "no" response, but for which there is no method that can provide an accurate response for all inputs.According to computability theory, an undecidable problem is a particular kind of computational problem that needs a yes-or-no response but for which it is impossible for any computer program to consistently produce the right response.To learn more about undecidable problem refer to:
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What to consider before making a big purchase?
Before making a big purchase we should consider the these things: Can I pay for this item using cash? Is this the most affordable price I can find for this product? How many hours will it take you to earn enough money to make this purchase? What other ways may I use this money? etc.
Make sure you are financially capable of making a significant buy and that it is within your means. What counts as a major purchase depends on a variety of factors, including household income, debt load, and size of retirement savings.
Making a significant financial decision for your company, such as a new hire or a new marketing initiative, can be intimidating. Make sure your investments are wise and will result in a profitable return on your capital.
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Vertical integration has served to increase the negotiating power of farmers and ranchers.
True
False
The given statement "Vertical integration has served to increase the negotiating power of farmers and ranchers." False because one firm controls numerous stages of the transaction. Option B
What is "Vertical integration"?Generally, In business parlance, the term "vertical integration" refers to the practice of one firm owning various stages of the manufacturing and distribution of another company's good or service.
In the context of the agricultural industry, this would refer to a firm that controlled everything from the cultivation of seeds to their distribution via retail outlets.
This may lead to a concentration of power in the hands of a few major firms, which in turn can reduce the bargaining power of farmers and ranchers since there may be fewer customers for the items they produce.
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If you continue to use his product, he will make his tropical vacation home available to you, free of charge, for a one-week period each summer. And you love the tropics! Which stakeholders will be affected by remaining with this supplier? a. Employees b. Investors c. None of these stakeholders will be affected d. Local Community
If you continue to use his product, he will give you free access to his tropical getaway property every summer for a week. You also adore the tropics! These stakeholders won't be impacted at all.
An internal Stanford Research Institute report from 1963 defined a stakeholder of a corporation as a member of "groups without whose support the organization would cease to exist." Later, in the 1980s, R. Edward Freeman expanded and advanced the hypothesis. Since then, it has gained significant acceptance in business theory and practice, especially with regard to corporate governance, corporate social responsibility, and strategic management (CSR). Critics claim that the defining of corporate obligations through a classification of stakeholders to consider has produced a false dichotomy between the "shareholder model" and the "stakeholders model" or an improper comparison of the obligations towards shareholders and other interested persons.
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If investment spending increases and all other levels of spending remain constant, then aggregate:
a. supply increases
b. supply decreases
c. demand increases
d. demand decreases
c. demand increases. If investment spending increases and all other levels of spending remain constant, then aggregate demand increases.
This is because investment spending is a component of aggregate demand, which represents the total amount of goods and services that households, firms, and the government want to buy in the economy. An increase in investment spending will lead to an increase in the production of goods and services, which will in turn lead to an increase in the demand for those goods and services. As a result, prices may rise and firms will want to increase their production to meet the increased demand. This leads to a situation of increased economic activity, which is associated with an increase in aggregate demand.
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PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
Which type of employer could offer a 403(b) retirement plan to its employees?
A. car dealership
B. computer manufacturer
C. grocery store
D. public school
Answer:
D. public school
Explanation:
It is only available for non-profitable jobs.
Answer:
public schools
Explanation:
Complete the following statement: "When there is a shortage of a good, O A. as prices increase, consumer demand more of a particular good worsening the shortage." O B. producers react to shortages by lowering prices and producing less worsening the shortage." O C. Consumers compete against one another by bidding the price upward. At higher prices there is an increase in quantity supplied until the market is finally in equilibrium." O D. consumers do not give up trying to buy it, so there is a rightward shift in demand curve that worsens the shortage and cause prices to increase."
O E. Consumers eventually give up trying to buy it, so the demand for the good declines, and the price falls until the market is finally in equilibrium."
When there is a shortage of a good, consumers compete against one another by bidding the price outward and the process continues until the market is finally in equilibrium. The Option C is correct.
What does market shortage means?At a price point determined by market forces, there is an equilibrium between the quantity demanded and quantity supplied in a normally functioning market. A shortage occurs when demand for a product or service exceeds available supply.
When this happens, the market is said to be in disequilibrium. This is usually a temporary condition because the product is replenished and the market returns to equilibrium.
It is important to note that shortage should not be confused with the economic term "scarcity," because shortages are typically temporary and can be corrected, whereas scarcities are systemic and cannot be easily replenished.
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4. What competitive structure features pricing that is determined entirely through the laws of supply and demand and requires t
Moderate competition
Perfect competition
Monopolistic competition
Direct competition
Pricing is not determined by supply and demand forces in monopolistic competition. Companies set the prices for their distinctly different yet similarly priced items. The answer is option (c).
What is monopolistic competition?When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition develops. A monopolistic competitive economy has minimal entry requirements, and actions made by any one business do not immediately impact those of its rivals.
Consider a market system where there are many businesses and free enterprise entrance and exit, but the goods these businesses produce are not uniform. A market structure like this is referred to as monopolistic competition.
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What are three rules of government in a mixed economy?
In a mixed economy, the three rules of government are to maintain the framework, provide public goods and services, maintain competition, redistribute income, and stabilize the economy.
What exactly is a mixed economy?
The term "mixed economy" refers to a system of economic organization in which the private sector's actions are combined with those of the public sector, which acts as a regulator and corrector of the former.
Most economic decisions in a mixed economy are resolved through the market interaction of sellers and consumers. However, the state plays an important supplementary role.
The government's main roles in the mixed economy are to maintain the social and legal framework, to provide public goods and services, to maintain competition, to redistribute income, and to stabilize the economy.
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Which of the following industries would be most likely to use a job costing system?
A. Commercial building construction
B. Food and Beverage
C. Chemicals
D. Pharmaceuticals
Commercial building construction industries would be most likely to use a job costing system. so correct answer is A.
A Costing System: What Is It?In order to keep track of a company's expenses, a costing system was created. The system consists of a number of forms, procedures, checks, and reports that are made to compile and provide management with information on profits, expenses, and revenues. Lean accounting, activity-based costing, standard costing, and marginal costing are some examples of cost accounting types. The traditional costing system and the activity-based costing system are the two fundamental costing methods that assist in identifying all direct and indirect costs so you can determine prices with accuracy.
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Barney has recently begun using an addictive, euphoria-producing drug. Which of the following will probably occur if he repeatedly uses this drug
The dosage that is required to produce the desired effect will increase if Barney repeatedly uses the addictive and euphoria producing drug.
An addictive drug can be referred to or considered as the one that starts giving pleasure upon consumption to the person who consumes it. It may be a medicinal drug, but because of the fact that it contains euphoria-producing capacities, it becomes essential to increase the dosage of the drug to reach the level of the desired effect. Usually, such addiction of a medicinal drug may have negative consequences.
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Complete question
Barney has recently begun using an addictive, euphoria-producing drug. What will probably occur if he repeatedly uses this drug?
Trainers should aim the level of the training at ____ of the group of trainees.
a. the top level
b. somewhat above the average level
c. the bottom level
d. somewhat below the average level
Trainers should aim the level of the training at somewhat below the average level of the group of trainees.
What does the word "training" mean?Training is the process of enhancing a worker's knowledge and abilities to do a specific profession. It aims to enhance trainees' work behavior and performance on the job. Training is the process of imparting knowledge and abilities that pertain to certain practical capabilities, either to oneself or to others. The purpose of training is to increase one's ability, capacity, productivity, and performance. Enhancing an employee's knowledge, talents, and skills to perform a certain task is done through training. Employees' mindset is changed during the training process, which results in high-caliber performance. Its nature is constant and unending.
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Which of the following will happen if the actual inflation rate is greater than the expected inflation rate
When the rate of inflation is different than anticipated, the quantum of interest repaid or earned will also be different than what they anticipated.
The contrary goods do if affectation is lower than anticipated, the borrower loses, and the lender wins. When the rate of inflation is different than anticipated, the quantum of interest repaid or earned will also be different than what they anticipated. When affectation is more advanced than anticipated, the borrower is better off, and the lender is worse off.
Lenders are hurt by unexpected affectation because the plutocrat they get paid back has lower purchasing power than the plutocrat they lent out. This is the substance of affectation prospects. Rising affectation makes people believe that prices will rise again in the future, causing them to demand pay envelope increases and not delay purchases. Meanwhile, businesses boost their prices to accommodate advanced stipends and demand, increasing affectation.
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Bill Gates has been described as task oriented and diligent. Which key leadership trait does this exemplify
Task-oriented and conscientious have been mentioned as qualities of Bill Gates. This is an example of the leadership quality of determination.
William Henry Gates III is a business tycoon and philanthropist from the United States who was born on October 28, 1955. Along with his late boyhood buddy Paul Allen, he co-founded Microsoft. Bill Gates served as chairman, CEO, president, and chief software architect during his tenure at Microsoft. He also served as the company's largest individual shareholder until May 2014. He played a significant role in the microcomputer revolution of the 1970s and 1980s as an entrepreneur. Seattle is where Gates was born and raised. He and Allen established Microsoft in Albuquerque, New Mexico, in 1975.
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Comparing actual results to budgets is an example of which of the following management? functions? A. Planning. B. Directing. C. Controlling. D. Analyzing
Comparison of actual results with the planned one is considered to be an example of controlling. Option C is the correct answer.
One of a manager's key responsibilities is control. Controlling is the managerial activity that aids in obtaining planned results from employees at all organizational levels, including supervisors and subordinates.
The managing function aids in tracking advancement toward corporate objectives, identifies deviations, and suggests necessary remedial action. Overall, the managing function aids and directs organizational objectives toward the accomplishment of long-term objectives in the future.
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Jack's yearly salary added to Amy's yearly salary makes $99,000. Amy makes 25% more than Jack. What is Amy's salary
$99,000 is the result of adding Jack's and Amy's annual salaries. Jack earns 25% less than Amy does. Amy's yearly salary is 55,000.
What does it mean yearly salary?The sum of money you receive from your company on an annual basis as compensation for the work you do is known as your annual salary. Salary typically only includes cash payments and excludes non-monetary benefits. Prior to deductions like Social Security taxes or payments to retirement plans, a person's gross income is the amount they are paid.
Your annual gross income is your income before taxes and other deductions. This number is typically used by banks to determine if they can provide you a loan or credit card. Net income is your annual income excluding taxes and other withholdings.
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Explaining to an Amazon customer service representative why you should be refunded for the coffee table you bought online addresses which type of needs
Explaining to an Amazon customer service representative that why you should be refunded for the coffee table you bought online addresses. This type of needs is practical.
Everyone who tends to work for the customer service is said to be focused on preventing and also solving the problems for customers, which is from designing and developing self-service technologies, to interacting directly with the customers.
However, so when you start to explain to an Amazon customer service representative that why you should be refunded for the coffee table which you bought online so this need is considered to be practical. Hence, the practical needs are objectives which need to be accomplished.
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What is the present value of $2,000 paid each year forever, assuming a discount rate of 2% and the first payment occurs one year from now
Given a discount rate of 2%, the present value of $2,000 paid annually would be $773.135.
PV equals FV / (1 + i)N and PV equals $2000 / (2 + 0.08)
6\s= $2000 / 2.58687\s= $773.135
What is the following series of cash flows' net present value (NPV) at a 9% discount rate?NPV = -250,000 + (100,000/1.09) + (150,000/(1.09^2)) + (200,000/(1.09^3)). NPV = 122,431.81.
How may the present value of a discount rate be determined?The WACC and adjusted present value are the two main formulas for calculating the discount rate (APV). WACC = E/V x Ce + D/V x Cd x (1-T) is the formula for the WACC discount, and APV = NPV + PV of the impact of financing is the formula for the APV discount.
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Which of the following is an advantage of joint ventures as a mode of entry into foreign markets?
A) The foreign firm does not have to bear any development costs and risks associated with opening a foreign market.
B) The foreign firm can protect its technology from being appropriated by its local partner.
C) It gives a firm tight control over subsidiaries, which enables it to realize experience curve or location economies.
D) There is less cause for friction and conflict between the foreign and local partners.
E) The foreign firm benefits from a local partner's knowledge of the host country.
The foreign firm can protect technology from being appropriated by its local partner is an advantage of the joint ventures as mode of entry into foreign market.
What is a joint venture?A joint venture (JV), a business entity created by two or more partners, is characterised by shared ownership, shared returns and risks, and shared governance. According to Gerard Baynham of Water Street Partners, despite a lot of negative headlines, joint ventures may actually outperform wholly owned and controlled affiliates. But some joint ventures, like those in the oil and gas industry, are "unincorporated" joint ventures that look and operate like corporations. This partnership may also be known as a joint venture and the participants are referred to as "co-venturers" when two or more persons temporarily come together to form it for the purpose of carrying out particular project.
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The process of narrowing the field of offerors through the selection of the most qualified proposers on the basis of qualifications is called:
The process of narrowing the field of offerors through the selection of the most qualified proposers on the basis of qualifications is called shortlisting.
Basis of qualifications are the prerequisites that an applicant must meet in order to be given preliminary consideration for the employment. When submitting an application for a job at Harvard, be careful to explain in detail how you satisfy the minimal requirements for the open position in both your cover letter and CV. Consider your prior schooling and employment. Consider the life skills you've acquired. For an alternative viewpoint, speak with those who are familiar with you outside of work. Your education, work history, skill set, and character traits currency float are all examples of your qualifications. Qualifications may include a college degree, a licence, great communication skills, the capacity to lift 50 pounds, attention to detail, a dedication to diversity, reliability, and a cheerful outlook.
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Taylor is an outside salesperson for a firm in Idaho. She earns a 10% commission on all sales she makes. During a one-week pay period, she made $3,050 in sales. What is her gross pay
Taylor's gross payment is computed at $305
People receive pay through commission sales, which is dependent on an event they cause to occur. For instance, a person might receive $5 for each box they deliver, regardless of how many hours they put in. The amount of money an individual makes is entirely based on the labor they do, not on the number of hours they put in each day.
Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay. Net pay, often known as take-home pay, is the amount that is left after all withholdings have been taken into account.
Taylor receives a gross salary of $305. She received a commission of 10% for this.
Gross Pay = 3050 *.1
Consequently, Gross Pay is $305.
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A businessperson is returning from a trip to china and has 409.31 yuan in their wallet. the most current currency conversion rate is 1 u.s. dollar:6.4651 yuan. how much money will the businessperson have when they convert their money to u.s. dollars?
a. $2646.23
b. $415.78
c. $402.84
d. $63.31
A businessman with 409.31 yuan in their wallet is coming back from a vacation to China. The most recent exchange rate is 1 US dollar to 6.4651 Chinese yuan. When the businessperson will convert their money to u.s. dollars, he will have $63.31.
What do you mean by exchange rate?
The worth of one currency in respect to another, or the rate at which one currency will be exchanged for another, is known as a currency's exchange rate.The foreign exchange market, often known as Forex or FX, which is a worldwide decentralised market for the trading of currencies, determines the exchange rates of such currencies.
Most currency conversion rate is 1$ = 6.4051 yuan
So, 409.31 yuan = 409.31 - 6.4051
= $63.31
So, The correct option is D.
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What are the 3 market structures?
The 3 main structures of the market are perfect competition, monopolistic competition, and oligopoly.
In perfect competition, there are a large number of firms competing in the same market. These firms produce homogenous goods, meaning that the products are all the same. Prices are determined by the market and there are no barriers to entry or exit structures.
In monopolistic competition, there are a large number of firms selling differentiated products. This means that each firm has something unique to offer, allowing them to gain an edge over their competitors. Prices in this market structure are determined by the demand and supply for the products. There are also barriers to entry and exit.
Finally, in an oligopoly, there are only a few firms in the market. These firms have control over the prices and production of their products, since they are the only ones offering them. Entry and exit is also difficult due to the few players in the market.
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Product costs flow through the inventory accounts until the goods are sold, at which time they are matched against sales on the ______. Multiple choice question. income statement statement of cash flows balance sheet'
The gross profit is calculated by comparing product costs, which pass through inventory accounts until the products are sold, with sales on the income statement.
The costs of direct labour, direct and indirect materials, and industrial overhead are considered product costs. They may also include the labour expenditures involved in providing a service to a client. When the items are sold or the services are provided, the flow of product costs via the several inventory accounts (raw materials, work in progress, finished goods) is matched against the sales to calculate the gross profit on the Income Statement.
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Normal processing procedures for operations personnel involve procedures ________.
Select one:
a. for continuing operations when the system fails
b. for backing up data and other resources
c. for using the system to accomplish business tasks
d. for starting, stopping, and operating the system
Normal processing procedures for operations personnel involve procedures for starting, stopping, and operating the system.
Hence, Option D is correct
Normal procedures are all the procedures that the operator has established in the operations manual for day-to-day normal operations (such as pre-flight briefings for the cabin crew, pre-flight inspections, passenger briefings, securing the galleys and cabin, and cabin surveillance while in flight).a task or tasks that are to be completed using a set of predetermined forms or methods by an organized body. When gaining access to customers' private information, be sure to follow protocol. Procedures focus on taking action. They specify the actions that must be taken and the order in which they must be done. scope and goal. Describe the procedure's goals and the scope of its application.
preliminary prerequisites. Specifies any components—such as the paperwork, personnel, specialized equipment, permits, and field preparations—that are required to carry out the procedure.
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Based on the graph shown above, which of the following is the equallibrium quantity and price at which the compony should sell the truck
Based on the graph shown above, the following is the equilibrium quantity and price at which the company should sell the truck: option B. 300 trucks at $6 per truck
What is an equilibrium quantity and price?In economics, an equilibrium quantity and price refers to a state in which the quantity of a good or service that a seller is willing to supply is equal to the quantity that a buyer is willing to demand, and the price at which this transaction occurs is the equilibrium price. This is also known as market equilibrium.
At the equilibrium price, there is no surplus or shortage of the good or service, and the market is said to be in balance. If the price is higher than the equilibrium price, there will be a surplus of the good or service, and if the price is lower than the equilibrium price, there will be a shortage.
The equilibrium quantity and price are determined by the interaction of supply and demand in a market. When the supply and demand curves intersect, the equilibrium quantity and price are established.
Therefore, the correct answer is as given above
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The complete question goes thus:
A toy company created a new truck to offer to consumers.
Based on the graph shown above, which of the following is the equilibrium quantity and price at which the company should sell the truck?
A. 200 trucks at $8 per truck
B. 300 trucks at $6 per truck
C. 400 trucks at $8 per truck
D. 200 trucks at $4 per truck