Answer:
2/3P
$30
Explanation:
Here is the complete question
The manager of a local monopoly estimates that the elasticity of demand for its product is constant and equal to -3. The firm’s marginal cost is constant at $20 per unit.
a. Express the firm’s marginal revenue as a function of its price.
b. Determine the profit-maximizing price.
A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.
An example of a monopoly is a utility company
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
If the absolute value of price elasticity is greater than one, it means demand is elastic.
Marginal revenue = price x ([tex]\frac{1 + E}{E}[/tex])
Where e = elasticity
MR = P x [tex]\frac{1-3}{-3}[/tex]
MR = 2/3P
Every six months, a local hardware store receives a cumulative quantity discount on the tools it buys from Ace Tool Manufacturing. Which of the following is likely true? (Choose every correct answer.) Multiple select question. The more tools the hardware store buys, the more the discount will increase. The store will offer special bargains to its customers two times a year. The store has a sales goal or quota for each six-month sales period. The store cannot offer special prices to its customers except at the end of the discount period.
Answer: the store is likely to offer special bargains for its customers 2 times a year
2. the discount will increase with each tool that the hardware store sells
3. the store probably has a sales goal or qouta for each 6 month sales period
Explanation:
The following are true concerning the local hardware store receiving a cumulative quantity discount on the tools it buys from Ace Tool Manufacturing;
1) The store is likely to offer special bargains for its customers 2 times a year; this would help to boost their sales and attract more business
2. the discount will increase with each tool that the hardware store sells
3. the store probably has a sales goal or qouta for each 6 month sales period
Select the correct answer for the question.1. The government-wide financial statements use thea. Economic resources measurement focus and the accrual basis of accounting.b. Current financial resources measurement focus and the accrual basis of accounting.c. Economic resources measurement focus and the modified accrual basis of accounting.d. Current financial resources measurement focus and the modified accrual basis of accounting.
Answer:
a. Economic resources measurement focus and the accrual basis of accounting.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
The government-wide financial statements use the economic resources measurement focus and the accrual basis of accounting. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
The four factors of production are;
I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.
II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.
III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.
IV. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).
These four (4) factors of production when combined effectively and efficiently are used for the manufacturing or production of goods and services that meets the unending requirements or needs of the consumers.
Which of the following actions can be considered good business etiquette?
A.
switching your cell phone off before you enter a meeting
B.
keeping your cell phone on low volume before you enter a meeting
C.
setting a pleasant ring tone on your cell phone before you enter a meeting
D.
setting a standard ringtone on your cell phone before you enter a meeting
Look at the following picture and think about the organizational structure. Your task is to advise someone on how that organizational structure works. (PLEASE HELP)
Answer:
top down management
Explanation:
This organizational structure seen in the picture is a representation of top down management. In this structure, the individual at the top of the hierarchy has the most power and full command. Instructions are passed down the chain of command. For example, the CEO is in charge of the company and gives orders to the Managers (Production and Marketing). These managers follow that order and decide what orders to give the individual's under their supervision in the chain of command. These individuals are represented by the connecting lines in the diagram to the Managers. Once these individuals (Foremen and Sales Officer's) receive their orders, they create and relay their own orders down to the Workers and Salespeople.
The expectation of a future devaluation of a fixed exchange rate will lead to Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a a sharp rise in reserves and a rise in the domestic interest rate above the world interest rate. b a sharp fall in reserves and an unchanged domestic interest rate. c a sharp fall in reserves and a rise in the domestic interest rate above the world interest rate. d a sharp rise in reserves and a fall in the domestic interest rate below the world interest rate.
Answer:
c a sharp fall in reserves and a rise in the domestic interest rate above the world interest rate.
Explanation:
A devaluation of fixed foreign exchange rate of a country will make the local currency cheaper compared to other currencies.
This implies that other countries will benefit more from buying the countries goods which are now cheaper (exports).
Imports will be more expensive as foreign currencies will have higher value.
Inflation results in this situation leading to increased interest rates aimed at curbing the fall of price of goods.
In order to maintain a level of stability in the economy also the reserves of the country will be used to stabilise the local currency. So reserves will fall.
A person whose license has been cancelled or revoked, whether by voluntary action or by disciplinary action of the Board, may after ___ years from the effective date of such cancellation or revocation, petition the Board for reinstatement of the license, unless another time is provided in the cancellation or revocation order, or unless no provision was made in the order for reinstatement. This section does not apply to licensees who let their licenses lapse for non-payment of renewal fees or licensees against whom a cancellation or revocation proceeding is not pending before the Board or in any other jurisdiction.
Answer:
The appropriate fill-in-the-blank is 05 years. Thus the statement becomes
A person whose license has been cancelled or revoked, whether by voluntary action or by disciplinary action of the Board, may after 05 years from the effective date of such cancellation or revocation, petition the Board for reinstatement of the license, unless another time is provided in the cancellation or revocation order, or unless no provision was made in the order for reinstatement. This section does not apply to licensees who let their licenses lapse for non-payment of renewal fees or licensees against whom a cancellation or revocation proceeding is not pending before the Board or in any other jurisdiction.
Explanation:
According to the KRS 335.360, A person whose license has been revoked is eligible to apply for reinstatement after 05 years.
A vendor sets up a stall outside of a major video game exposition. He sells products (mostly t-shirts) representing various popular video game characters but has no agreement with their owners. What is he most violating?
patents
trade secrets
✓trademark
copyright
Answer:
trademark
Explanation:
Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a $400 credit for returned widgets, and make a payment of $2,000. What amount will go into the schedule of accounts for Custom Motors? A. $300 B. $1,500 OC. $1,100 D. $2,000
Answer:
A. $300
Explanation:
The computation of the amount will go into the schedule of accounts for Custom Motors is shown below;
= Opening balance + purchase made - credit received - payment made
= $1,200 + $1,500 - $400 - $2,000
= $300
Hence, the amount will go into the schedule of accounts for Custom Motors is $300
Therefore the option a is correct
And, the same would be considered
Answer:
A 300
Explanation:
Brainliest-
Explain 3 reasons why quality is important to Toyota.
Answer:
Quality is important because if the quality of a multiple ton metal machine speeding down the highway is poor, it could lead to lawsuits as well as recalls and hospital bills. The higher quality a product is, the more money you tend to make off of it. Toyota's ceo knows that there are families that use their vehicles for every day life. To have a good quality is to make sure little Jimmy gets to school on time every day.
You and your design group are competing for a multidisciplinary concept project. Your firm is the lead group in the design professional consortium formed to compete for the project. Your consortium has been selected to be the first to enter fee negotiations with the project owner. During negotiations, the amount you have to cut from your fee to be awarded the contract will require dropping one of the consortium members whose staff has special capabilities not found in the staff of the remaining consortium members. Is your consortium response in the negotiations ethical
Answer: No, not if the owner is left with the impression that the consortium is still fully qualified to perform all the required tasks
Explanation:
The purpose of a team is to work together, when the lead person is not involved the team may not be able to coordinate themselves to carry on with the task. Considering the project, dropping one of the consortium member with the best skill would be a turn off for the deal. For the team to do well, they need each other, especially the lead or most skillful, not including this in the deal is a loss already
What is the outlook for marketing career opportunities
A The number of jobs in marketing is falling
B The number of jobs in marketing will remain steady
C no one knows what the outlook is for jobs in marketing
D The number of jobs in marketing is on the rise
Answer:
D The number of jobs in marketing is on the rise
Explanation:
The outlook for marketing career opportunities is The number of jobs in marketing is on the rise. Thus the correct option is D.
What is a Career?A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.
The outlook for marketing career opportunities is typically bright, As the demand for marketing professionals grows, This expansion is being driven by the growing importance of marketing in today's business environment and its significance.
Aside from marketing managers, there are numerous other marketing careers accessible, such as market research analysts, public relations specialists, and digital marketing specialists which brings career prosperity and growth.
Therefore, option D is appropriate.
Learn more about Career, here:
https://brainly.com/question/2160579
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Which of the following pieces of information is NOT commonly collected on a job application?
A. Social media links
B. Contact information
C. Education history
D. Prior work experience
Answer:
The answer to this question is A
please help (;´༎ຶٹ༎ຶ`)
The shareholders’ equity for the Fiesta Foods, Inc. on December 31, 2010 follows: 12% Preference share capital, P100 par, 20,000 shares P2,000,000 Ordinary share capital, P25 par, 200,000 shares 5,000,000 Share premium 500,000 Retained earnings 750,000 Total shareholders’ equity P8,250,000 Preference shares have a liquidation value of P110; shares are cumulative, with dividends in arrears for 3 years including the current year and fully payable in the event of liquidation. The book value of an ordinary share is Group of answer choices 26.65 25.35 28.95 22.90
Answer:
26.65
Explanation:
The computation of the book value of an ordinary share is shown below
But before that the following calculations to be done
Balance for equity shares is
= Total shareholder equity - dividend paid to preference shareholders - redemption of preference shares
= 8,250,000 - (20,000 × 100 × 12% ×3) - (20,000 × 110)
= 8,250,000 - 720,000 - 2,200,000
= 5,330,000
And, the number of shares is 200,000
So, the book value of the ordinary share is
= 5,330,000 ÷ 200,000
= 26.65
Which of the following is NOT listed on a balance sheet?
Question 16 options:
Capital
Liabilities
Revenue
Assets
Answer:
the balance sheet displays the company's total assets, and how these assets are ... found line items under Current Assets, Long-Term Assets, Current Liabilities, ... This account includes the balance of all sales revenue still on credit, net of any ... Capital
also assets =liabilites
Explanation:
Revenue is not part of the Balance sheet. Thus, Option C. is the correct choice.
What is revenue?Revenue is the amount of income earned through the sale of goods or services related to the company's core activities.
Revenue, also known as gross sales, is often referred to as the "top line" because it stays at the top of the income statement.
Earnings, or total income, are the total income or profits of a company.
Hence, Revenue is not the part of balance sheet. Option C. is the correct answer.
To learn more about revenue, refer to the link:
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When an ad says “best offer”, what does that mean?
A.The owner wants money than the car is worth
B.The owner may accept less money than the asking price
C.The owner wants no less than what the car is listed for
D.The owner has B.O. and is trying to get rid of the car
Answer:
B
Explanation:
I'll mark BRAINLIEST if ALL questions are answered:
1.) What are some of the challenges that you think come with being in the entertainment industry? Explain.
2.) A large part of the Communication and Information Technology career clusters probably didn’t exist 100 years ago—which parts in particular and why?
3.) The unit discusses the word ‘holistic’ in relation to childbirth. Can you think of any other areas of health and wellness that might have holistic approaches? Why might someone want to try a holistic approach?
Explanation:
What are some of the challenges that you think come with being in the entertainment industry?
6 Critical Risks Facing the Entertainment Industry1) Reputation. In the entertainment industry, a performer's image is just as important as their genuine talent (if not more so). ...
2) Cyber. Cyber risk takes on multiple forms in the entertainment industry. ...
3) Violence. Paris. ...
4) New Business Models. ...
5) Talent Risk. ...
6) Third-Party Liability.
b) José Luis trabajo 7 meses del año. ¿Qué porcentaje del año trabajo?
c) Lucero presentó un examen en el que 35 preguntas fueron correctas y 5 incorrectas. ¿Qué porcentaje de las preguntas contesto correctamente y qué porcentaje fue incorrecto?
d) El costo de una camisa es $400 y tiene un descuento del 20%. ¿Cuál es el precio de la camisa con el descuento?
Answer:
B) 58.3%.
C) 87.5% y 12.5%.
D) $320.
Explanation:
B) Dado que José Luis trabajó 7 meses del año, para determinar qué porcentaje del año trabajó se debe realizar el siguiente cálculo:
12 = 100
7 = X
7 x 100 / 12 = X
700 / 12 = X
58.3 = X
Por lo tanto, José Luis trabajó 58.3% del año.
C) Dado que Lucero presentó un examen en el que 35 preguntas fueron correctas y 5 incorrectas, para qué porcentaje de las preguntas contesto correctamente y qué porcentaje fue incorrecto se debe realizar el siguiente cálculo:
40 = 100
35 = X
35 x 100 / 40 = X
3500 / 40 = X
87.50 = X
Por lo tanto, Lucero contesto un 87.5% de preguntas correctamente, y un 12.5% incorrectamente.
D) Dado que el costo de una camisa es $400 y tiene un descuento del 20%, para determinar cuál es el precio de la camisa con el descuento se debe realizar el siguiente cálculo:
1 - 0.2 = 0.8
400 x 0.8 = 320
Por lo tanto, el costo de la camisa fue $320.
WILL GIVE BRAINLIEST!!! Jake has been distribution manager at his company for over ten years. Unfortunately, the company has experienced a decline in profit and they are fighting to stay in business. Jake has to schedule a shipment very quickly over the next couple of weeks. Would an aircraft be a good choice for jake? why or why not? if not, provide a better alternative.
Answer:
I say yes because the shipment will get their faster, and the faster the shipment gets there the faster he gets the money to save the business.
How taII is Hypious The best fn Competitive Player
Answer:
Hypious is 6'5
Explanation:
hes a fully tatted 6'5 millionaire
Nicole makes $2,000 per month. Each month, she spends $400 on credit card payments, $100 on a store credit, and $350 on an auto loan. Does she have excessive debt?
Yes, because her debt-to-income ratio is 42.5 percent.
No, because her debt-to-income ratio is 25 percent.
No, because her debt-to-income ratio is 42.5 percent.
Yes, because her debt-to-income ratio is 25 percent.
Answer:
Yes, because her debt-to-income ratio is 42.5 percent.
Thomas earns $ per year. What retirement plan Thomas should consider under the following circumstances? a. He works for a large private firm. b. He works at a university. c. He owns a small firm with employees. a. He works for a large private firm. Which is the best selection? (Select the best answer below.) A. Thomas should consider the Simplified Employee Pension Plan (SEP) or the Savings Incentive Match Plan for Employees plan (SIMPLE). B. Thomas should consider the 401(k) plan. C. Thomas should consider the 403(b) plan. b. He works at a university. Which is the best selection? (Select the best answer below.) A. Thomas should consider the Simplified Employee Pension Plan (SEP) or the Savings Incentive Match Plan for Employees plan (SIMPLE). B. Thomas should consider the 401(k) plan. C. Thomas should consider the 403(b) plan. c. He owns a small firm with employees. Which is the best selection? (Select the best answer below.) A. Thomas should consider the 403(b) plan. B. Thomas should consider the Simplified Employee Pension Plan (SEP) or the Savings Incentive Match Plan for Employees plan (SIMPLE). C. Thomas should consider the 401(k) plan.
Answer: See explanation
Explanation:
a. He works for a large private firm.
In this case, he should consider 401(k) plan since he works for a large private firm.
b. He works at a university.
In this case, he should considered the 403(b) plans. The 403(b) plan, is the retirement plan for staffs of public schools and this will be suitable for him in thus scenario.
c. He owns a small firm with employees.
In thus case, the SEP and SIMPLE plans should be considered as they're both are offered by small firms that has few employees.
number of borrowing countries under the international monetary fund?
Answer:
It should probably be 190 countries
Answer:
The International Monetary Fund (IMF) is an organization of 190 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
The____represents more than. 380,000 retail and institutional food service operation, including restaurants, suppliers, educators, and non-profits.
May i have the answer for this im not quite sure
Answer:
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ତିନୋଟି ମୁଖ୍ୟ ପ୍ରକାରର କ’ଣ?
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Answer: ମୁଁ ଇଂରାଜୀ କହୁଛି କିନ୍ତୁ ତୁମର ପ୍ରଶ୍ନ କ’ଣ? ମୋର ଓଡିଆ ଖରାପ |
Explanation:
The _____ is the most important factor to consider when selecting a credit card if you do not pay the balance on your credit card every month.
annual fee
over-the-limit fee
APR
late fee
Answer:
APR
Explanation:
If you dont pay off the balance each month, you are most concerned with the interest rate charged (apr)
Answer:
APR
Explanation:
The APR is the most important factor to consider when selecting a credit card if you do not pay the balance on your credit card every month.
Kathryn wants to open a bank account that allows here to perform frequent transactions without being charged a penalty, and she does not want to maintain a minimum balance. What type of bank account should she open?
Answer:
checking account
Explanation:
A checking account is the bank account in which you can easily access your money. Here the purchase could be made via debit card, cheques, etc. It have no interest or low interest. It contains the service fees but it could be waived off by meeting out the balance or the requirement of the direct deposit
so as per the given situation, the person wants to perform frequent transactions without having any penalty and also she wants to maintain the minimum balance
So checking account should be opened
May i have the answer for this im not quite sure
Answer: May I have the answer for this. I'm not quite sure.
Explanation:
Sentences must not run on. Ask the question about getting the answer. THEN in the next sentence and explain why to the teacher.
What is a government in regulatory bodies?
Answer:
A regulatory body also called regulatory agency is a public authority or a government agency which is accountable for exercising autonomous authority over some area of human activity in a regulatory or supervisory capacity.
Explanation: