Economists normally assume that the goal of a business firm is to: D. maximize its profit.
Profit can be defined as an amount of money that is generated by an individual or a business firm when the manufacturing cost is deducted (subtracted) from total revenue.
Generally, economists usually consider the maximization of profit as the goal of a business firm.
In this context, economists usually assume that the goal of a business firm is to earn:
Profits as large as possible, even if it has to reduce its level of production.Profits as large as possible, even if it has to incur a higher total manufacturing cost.Read more: https://brainly.com/question/25087943
Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in
Answer:
Consultative
Explanation:
I did this question
As the number of sellers in an oligopoly becomes very large, a. the price effect is magnified. b. the quantity of output approaches the socially efficient quantity. c. the price approaches the monopoly price. d. the quantity of output approaches the monopoly quantity.
As the number of sellers in an oligopoly becomes very large, the quantity of output approaches the socially efficient quantity.
An Oligopoly is when there are few large firms operating in an industry.
Characteristics of an oligopoly:
Firms set the price for their productProducts are differentiated The demand curve is downward sloping There is a high barrier to entry and exit of firms into the industry.
As the number of firms increase in an oligopoly, the quantity and price approaches what would exist in a perfect competition. As the number of firms in an oligopoly decreases, the price and quantity produces approaches that would be exist in a monopoly.
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Need help with now/ASAP!
Answer:
You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim
Explanation:
You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim
A wage increase of $3000 per year is most likely to increase the subjective well-being of people who currently earn ________ per year.
Answer:
12,000
Explanation:
A wage increase of $3000 per year is most likely to increase the subjective well-being of people who currently earn $12,000 per year.
What is wage?The term wage refers to the payments made to employees or labor as compensation for their services. Daily, weekly, and monthly are the norm. The wages are paid on a daily, weekly, or according to the work basis. The wages are the expenses of the business.
According to the given was the amount are the wage was the increased the per year in the $3000. There was the subjective in the people are the increased the well-being into the people are the collection was the wage are the $12,000 per year in the currently to the earn.
As a result, the wage increase of $3000 per year is most likely to increase the subjective well-being of people who currently earn $12,000 per year. Therefore, option (a) is correct.
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Your question is incomplete, but most probably the full question was.
a. $12,000b. $40,000c. $25,000d. $75,000You work as the inventory manager at a golf pro shop. The club pro has reviewed and approved a new golf club collection, and you proceed to complete the purchase by negotiating a price and finalizing paperwork with the manufacturer. In this scenario, you are in the role of ______. Multiple choice question. influencer initiator user buyer
Answer:
Buyer
Explanation:
I did this question
This is Pete's PPC curve for staying in touch with friends via phone vs. his weblog during one week. Pete plans to write four entries to his weblog. How many
conversations with friends can he have to efficiently use his time?
OO
01
04
06
To efficiently use his time, the number of conversations with friends Pete can have is 4.
The Production possibilities curve shows the different ways goods and can be combined so resources are fully utilised. The PPC is concave to the origin.
Points on the curve indicate efficient production. Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources . Points inside the production possibilities curve means that the nations resources are not being fully utilised.
If Pete wants to write 4 blog entries, trace the 4 on the y-axis to the curve and trace it to the x-axis. Based on this, Pete can have 4 conversations with friends.
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The _____ of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.
According to business management roles, the "financial manager" of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.
This is because the financial managers are the individuals in a firm whose role or responsibility is to ensure that the organization is functioning well financially.
Their roles usually involve providing the financial guidance, developing financial reports, making direct investment activities, etc.
Hence, in this case, it is concluded that the correct answer is "Financial Manager."
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Over the last fifty years both real GDP and prices have trended upward in most countries. Continuing real GDP growth and inflation can be explained by
The continued technological progress and continuing increases in the money supply are a major factor for the continuous rise in real GDP growth and inflation.
Every country have improved massively especially in production of goods and services because of technological progress
Also, an increase in money supply are achieved because of various effective economic policies implemented by the economic team of many countries.Hence, the Option C is correct because the continued technological progress and continuing increases in the money supply are a major factor for the continuous rise in real GDP growth and inflation.
The missing options includes "a. continuing technological progress alone. b. continuing increases in the money supply alone. c. continued technological progress and continuing increases in the money supply. d. None of the above can explain continuing real GDP growth and inflation."
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keitaro, a university administrator, needs to send an official memo to the directors of the registration, advising, and financial aid divisions, as well as their supervisors. to determine who should receive his memo, keitaro consults the
Based on the information given to determine who should receive his memo, keitaro consults the organization chart.
Organizational chart is a chart that help to illustrate a company or organization structure based on their rank and the job responsibilities assign to each one of them.
Based on the information given using the organization chart is the best as this will enable the university administrator to identify the right person to receive the official memo.
The university organization chart will show the person to receive the memo based on the rank and workload designated to each individual on the chart.
Inconclusion to determine who should receive his memo, keitaro consults the organization chart.
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software is used to play, create, and modify audio and video files.
If you are asking if this is true it is
Beverly, the manager of a branch location of a large law firm, purposely controls company resources as if they were her own and encourages continued development and training of her employees. She cares about the staff deeply and even organized international volunteering activities to promote their growth. Beverly could best be described as which type of leader
Based on the given scenario Beverly could best be described as servant leader.
A servant leader is a type of leader that is has the best interest of their organization or company and employee on mind.
They are more concern about the wellbeing and the need of their employee and they tend to show support or render support to their employee.
A servant leader often show empathy and they help people to develop as well as encourage the development, growth and training of their employee or people.
Inconclusion Beverly could best be described as servant leader.
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Kimberly has been helping Jonah in preparing his personal income tax forms for a couple of years. Jonah's boss recommended Kimberly because she had done a good job setting up the company's new accounting system. Jonah is very satisfied with Kimberly's work and feels that the fees she charges are quite reasonable. Kimberly would be classified as a(n)
Licensed professionals who indulge in preparing financial documents for individuals, organizations and business are called public accountant. Hence, Kimberly would be classified as a public accountant.
Based on the description given which involves the various tasks undertaken by Kimberly while working for Jonah, such as preparation of tax income forms and various financial documents. Here, Jonah is Kimberly's client and she will be classified as a public accountant.Learn more : https://brainly.com/question/25698053
Select this link to view the North American Free Trade Agreement Preamble. How does this agreement help the nations involved? Check all that apply. It reduces barriers to trade. It coordinates trade with other trade agreements. It promotes industry development and trade. It requires environmental protection. It builds up a common military. It protects workers’ rights.
The North American Free Trade Agreement (NAFTA) helps nations involved in that:
It reduces barriers to trade. It promotes industry development and trade.It requires environmental protection.It protects worker's rights.The NAFTA was mostly a trade agreement which means that it is meant to reduce the barriers that member countries have in trade as well as promote facilities that encourage trade such as industrial development.
It then goes further to require that the environment be protected by member states and that workers be treated fairly with all appropriate rights.
In conclusion, the NAFTA was a comprehensive trade agreement that did a lot of things.
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Answer:
1, 3 ,4 , and 6
Explanation:
I got it right on edge , good luck guys:)
50 POINTS
Abdul works as a regulator at the Bereau of consumer protection. His agency makes sure consumers are treated fairly. What task might be part of Abduls job at his agency?
A. Drawing up ideas for the new city park
B. drafting a proposal for the state government budget
C.recording information about fraudulent business
D.meeting with heads of state to discuss trade
Answer:
the answer is D
Explanation:
It is essential to hold a meeting in order to learn about the progress of your business and the attitudes of your employees during work. Although you may think that your employees are treated fairly, this may not be the case at all. so have a face-to-face meeting with your employees and ask them if they are satisfied with the job.If you are the boss you treat your employees fairly if you are not the boss . in cases of unfair treatment you should have a meeting with the boss
Answer:
C
Explanation:
He is consumer protection and a fraudulet means like scams or fraud.
A company's biggest vulnerability in employing a best-cost provider strategy
A. relying too heavily on outsourcing.
B. getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies.
C. getting trapped in a price war with low-cost leaders.
D. being too timid in cutting its prices far enough below high-end differentiators many of their customers.
E. not having a sustainable distinctive competence in cost reduction.
Answer:
B - Getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies.
Explanation:
A company's biggest vulnerability in employing a best-cost provider strategy, getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies. Thus, option (b) is correct.
What is strategy?The term strategy refers to the plan for the company growth. The market are the based of the so many companies are the different company are the different strategy. The strategy is the measure, the following the points are the related to the advantages and the disadvantages of the plan. The perfect strategy is the perfect advantage.
It was the company's biggest strategy was the vulnerability in employing a best-cost provider of the low cost of the provider are the best strategy to the high-end differentiation strategies. There are the firms the low cost are the more profit. The strategy are in the perfectly to the implement.
As a result, a company's biggest vulnerability in employing a best-cost provider strategy getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies. Therefore, option (b) is correct.
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the definition of workplace teams includes the requirement that team members _____.
Explanation:
I dont know sorry have a good day
The consumer buying decision process involves _______ stages. The first stage is ____________, and the last stage is _____________.
The decision-making process for consumer purchases has five stages. Problem recognition is the first step, and post-purchase behavior is the last.
What is a decision-making process?The process of choosing a course of action involves identifying a decision, acquiring data, and weighing potential answers. By collecting pertinent information and identifying options, a step-by-step decision-making process can assist one in making more careful, considered decisions.
By collecting pertinent information and identifying options, a step-by-step decision-making process can assist one in making more careful, considered decisions. By using this strategy, one have a better chance of selecting the option that will satisfy one the most.
Here, effective decision-making is defined as the procedure by which options are chosen and then managed through execution to meet organisational goals.
Effective decisions are the outcome of a methodical procedure that has aspects that are precisely specified and is handled in a specific order.
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1. An advantage of gig work is...
A. constant workload
B. flexible work hours
C. paid sick leave
D. reliable income
2. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as
A. a branch
B. a division
C. an exchange
D. a franchise
An advantage of gig work is flexible work hours. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as a franchise.
Those who seek to combine work and home life or who have other responsibilities may find that gig employment, which often gives workers greater freedom over their schedule and allows them to work on a project basis, is suitable. Nevertheless, as these are not typically guaranteed in gig arrangements, they might not offer a steady workload, paid sick time, or dependable income.
A franchise system allows for the use of a franchisor's business model, brand, and support networks in exchange for an upfront fee and recurring royalties paid by the franchisee to the franchisor in the franchise. Although the franchisee runs their business independently, they are required to abide by certain standards and regulations imposed by the franchisor.
Gig work is a word used to describe income-generating activities that don't include regular, ongoing employer-employee interactions. Companies are increasingly offering temporary employees short-term work, and the employees—known as gig workers—accept these gigs.
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Answer: It is flexible work hours and reliable income... But it is most likely B
Explanation: Sorry if this is wrong but I am 99 percent sure it is B
Question down below, Please answer if you know :)
Answer:
d
Explanation:
assets are what give u profit so a loan would be an asset for the person giving the loan.
The claim that the high school drop-out rate has increased because more women have taken jobs in the workplace would be an example of
Claims that drop-out rate has increased because more women have taken jobs in the workplace is an example of false cause fallacy.
A false cause fallacy is said to occur in a statement because the link between the premises and conclusion does not even exist.
Here, phrase one is "high school drop-out rate has increased" and phrase two is "because more women have taken jobs in the workplace"
If we assess the two phrase, we will observe that their is no link between the statement to facilitate a valid conclusion because when woman taking jobs in workplaces can not result to increase in drop rate in high school.
Therefore, it is an example of false cause fallacy.
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Many online stream services allow customers to use their service of limited for 30 days. This strategy tries to increase the diffusion of a new format of using the service through increasing ________.
Answer:
trialability
Explanation:
trialability is the strategy used to try to increase the diffusion of new format using the service
The decision-making process has five steps. After collecting relevant information and evaluating each alternative, the next step is to:
Answer:
Select the course of action
Explanation:
Because it’s the next step after collecting relevant information and evaluating each alternatives
The decision-making process has five steps. After collecting relevant information and evaluating each alternative, the next step is to select the course of action.
What is the decision-making?The process of deciding what to do involves identifying a problem, acquiring data, and weighing potential answers. The value of decision-making comes in how it aids you in selecting among many possibilities.
Group decision-making is preferable when there is sufficient time and the potential consequences of a choice are considerable since it allows the opportunity for all members to contribute their best ideas.
Determining a decision, acquiring data, and weighing potential solutions are all steps in the decision-making process. The best options are selected, and a course of action is decided.
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Acme Model Trains started the year with $10,000 worth of model trains in inventory. During the year, it purchased $5,000 more model trains. By the end of the year it sold a total of $7,500 in model trains. Calculate the cost of goods sold using the handout from class or the information provided in Chapter 14.
Based on the information given the cost of goods sold is $7,500.
Using this formula
Cost of goods sold=Starting inventory + Purchases − Ending inventory
Where:
Starting inventory=$10,000
Purchases=$5,000
Ending inventory=$7,500
Let plug in the formula
Cost of goods sold=$10,000+$5,000-$7,500
Cost of goods sold=$7,500
Inconclusion the cost of goods sold is $7,500.
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in a competitive market, the actions of any single buyer or seller will
Answer:
it will increase the tension of competition
Campbell's, the soup manufacturer, maintains a low-level of advertising during the entire year, but Campbell's advertises heavily during the winter months when people are cold and looking for something to help warm them up. What kind of advertising strategy is Campbell's most likely using
Your friend, Alicia, is a graduating senior about to head to college in the fall. Alicia has a single checking account and is eager to open a savings account. After reading this article, she is inspired to open up multiple savings accounts to work towards her goals. Do you think it’s a good idea for Alicia to do so? Why or why not?
Answer:
It is good
Explanation:
Alicia would have an easier time splitting money and saving money towards different goals. Such as putting 40% of your paycheck into savings and splitting the 40% into 10% for each savings account.
What is the largest source of a income for banks
Answer:
Interest income
Explanation:
Answer:
goverment
Explanation:
they create the money from paper
Large stock dividends are recorded at _______ and small stock dividends are recorded at ______. Multiple choice question. market value; market value par value; par value cost; cost cost; par value par value; market value
Firms always distribute dividend to its shareholders. Large stock dividends are recorded at par value and small stock dividends are recorded at market value
Large stock dividends are simply referred to as new shares issued that are more than 25% of the value of the total shares outstanding before dividend.The journal entry is known to transfers the par value of the said shares from retained earnings to paid-in capital.
The stock market often see and adjust for the changing value of each share as the company have an increased number of shares.
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A report that details prevention, appraisal, internal failure, and external failure costs is called a ________.
Answer: quality cost report
Explanation:
I just checked it and got it right.
Linda is having trouble in her economics class. Although she understands the material, she often gets low grades on her essays because she uses inaccurate language and her sentences are difficult to understand. Which condition is Linda most likely struggling with
Based on the information given, the condition that Linda is most likely struggling with is writing disorder.
From the information given, it was stated that Linda is having trouble in her economics class and that she often gets low grades on her essays because she uses inaccurate language and her sentences are difficult to understand.
The above shows that she has a writing disorder. It's also referred to as dysgraphia. It's when an individual has problems with writing. This has a negative impact on the grade of such a person.
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