A marketing researcher who wants to know what percentage of consumers would buy a car that hasn't yet been manufactured is likely to have a hard time finding secondary data to address this due to lack of availability.
Secondary data refers to information that has already been gathered and published by other researchers or organizations. Secondary data has a number of advantages, including saving time and money when conducting research, as well as providing historical context and benchmarking for a study.However, there are limitations to the use of secondary data.
The quality and accuracy of secondary data are crucial. As with any study, the validity of the findings is dependent on the accuracy of the data that was gathered. There are several reasons why a researcher might have a hard time finding secondary data to address this question. Some of them include:The fact that the product does not exist yet. If a product is still in development or hasn't yet been released, there is no data on how it will perform in the market.Lack of availability.
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where * is the quantity of laptops produced per month. the marginal cost at a production level of 1,000 laptops per month is $190. what is the interpretation of this?
The interpretation of a marginal cost of $190 at a production level of 1,000 laptops per month is that the cost of producing one additional laptop.
Beyond the 999th laptop, is estimated to be $190. In other words, if the firm decides to increase its production from 999 to 1,000 laptops per month, it can expect the total cost to increase by $190 due to the additional resources required to produce the extra laptop.
What is marginal cost?
Marginal cost is the additional cost of producing one more unit of a good or service. It is calculated as the change in total cost divided by the change in quantity produced. In other words, it represents the cost of producing one additional unit of output.
What is production?
Production refers to the creation of goods and services using various inputs such as labor, capital, and raw materials. It involves transforming inputs into finished or semi-finished products that can be sold to customers or used for further production. The process of production may include designing, manufacturing, assembling, packaging, and distributing goods and services.
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a company pays a quarterly dividend of $1.75 per share. it has 2 million shares. assume a required annual return of 8%. assume net income of $140,000. what is the total equityvalue of the company?
The total equity value of the company is 175 million.
Total assets minus entire liabilities equals equity. A company's balance sheet will contain all of these numbers. Equity for a homeowner would be the home's value less any remaining mortgage debt or liens.
The total equity value of the company can be determined by calculating the present value of the company's dividend stream and the present value of the company's net income.
Annual dividend = 1.75 * 4 = 7
Stock price = Annual dividend / annual return]
Stock price = 7 / 0.08
Stock price = $87.5
Total value = $87.5 * 2
Total value = 175 million
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if students in the united states go online and import the much cheaper indian version of your textbook instead of buying the american edition, how might this arbitrage nevertheless help the publisher of your textbook?
This type of arbitrage could help the publisher of the textbook by allowing them to extend their market and customer base to include students in the United States.
A book publishing license agreement is a written agreement between the creator and the publisher to exercise economic rights over a work with the author's permission.
Granting of publishing licenses allow them to potentially increase the number of customers they have, as well as increase their revenue by selling the Indian version of the textbook to the US customers. It could also potentially create an incentive to reduce the price of the American edition in order to remain competitive.
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end-to-end mergers created more effective intermodal and intramodal competition in the railroad industry. true false
End-to-end mergers created more effective intermodal and intramodal competition in the railroad industry. This statement is false.
What is a end to end merger? A end to end merger is a type of business combination in which two or more companies combine to form a new entity. End-to-end mergers occur when two or more firms that provide distinct goods or services to the same industry merge to create a larger firm that offers both end-to-end services to its clients.
What is Intermodal and intramodal competition? The type of competition in which different modes of transportation are compared for shipment delivery services is known as intermodal competition. The intramodal competition involves competition between different companies in the same industry that offer similar services.
The railroad industry has gone through significant changes since the late 19th century. A couple of different forces have changed the way railroads operate. One is technological improvements, while the other is the availability of better shipping options to consumers.
Railroad mergers have happened over the years, and some have been more effective than others. However, end-to-end mergers did not create more effective intermodal and intramodal competition in the railroad industry, hence the statement is false.
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three months ago, you purchased a stock for $74.60. the stock is currently priced at $81.34. what is the ear on your investment?
The return on your investment for the stock purchased three months ago is 8.87%. This return is calculated by taking the current stock price of $81.34 and subtracting the original stock price of $74.60, which gives you a difference of $6.74. You then divide this difference by the original stock price of $74.60 to get the return of 8.87%.
To understand return on investment (ROI) further, let's break it down further. Return on investment (ROI) is the measure of how much profit an investment generates in relation to the amount invested.
It is calculated by dividing the gain or loss from the investment (difference between current stock price and original stock price) by the original stock price. Therefore, a ROI of 8.87% means that your investment has yielded an 8.87% return over the course of three months.
In other words, the ROI measures the performance of the investment over a given period of time. This can be used to compare various investments and measure their relative performance. Additionally, ROI is an important indicator for investors to assess their own performance and make decisions about future investments.
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returning to problem 3, what if inspection is done by the seat manufacturer in combination with assembly? how does this influence analysis of problem 1?
If inspection is done by the seat manufacturer in combination with assembly, then it will have an influence on the analysis of problem 1. This is because the seat manufacturer's inspection may reveal defects in the seat before it is assembled, allowing for the correction of the defect prior to assembly. This may prevent the assembly of a seat with a defect, thus improving the overall quality of the seat.
The seat manufacturer's inspection is done in combination with assembly, it may reveal defects in the seat before it is assembled, allowing for the correction of the defect prior to assembly, which can improve the overall quality of the seat.
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Identify the appropriate step in the communication process. William Fairaizl left a voicemail to the job candidate, asking him meet with him at 4:00 p.m. a. Sender encodes the message b. Receiver decodes message c. Sender decodes the idea in a message d. Sender sends additional feedback to receiver e. Sender has an idea
The appropriate step in the communication process when William Fairaizl left a voicemail to the job candidate, asking him to meet with him at 4:00 p.m., is that the sender (William Fairaizl) encoded the message. Thus, A is correct.
Encoding is the process of creating a message using symbols, language, or other means to convey the intended meaning. In this case, William Fairaizl used his voice to leave a message on the job candidate's voicemail, using language to convey his request for a meeting at a specific time.
The job candidate will then need to decode the message by listening to the voicemail and understanding the meaning behind William Fairaizl's words. Encoding and decoding are essential steps in the communication process, as they allow individuals to convey and understand messages effectively.
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Which of the following supply reduction strategies is a police officer deploying when he or she arrests low-level drug dealers and offers them leniency in return for information about higher-level drug dealers?
O trading upO clearance rateO primary activitiesO making arrests
The strategy of trading up is a supply reduction strategy deployed by police officers when they arrest low-level drug dealers and offer them leniency in return for information about higher-level drug dealers.
This strategy is meant to help police officers disrupt the supply chain of drugs and target the higher-level dealers who are responsible for the larger scale distribution of illegal drugs.
It is also meant to help police officers identify and prosecute the drug dealers at the top of the supply chain. By targeting the low-level dealers, the police can use the information they receive to identify and arrest the higher-level dealers, thus reducing the availability of drugs in the community.
This strategy is effective because it allows police officers to target the source of the drugs rather than just the street-level drug dealers. In this way, they can reduce the overall supply of drugs in the community and make it more difficult for drug dealers to operate.
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Which of the following are examples of resources for a firm? a. intellectual propertyb. cashc. buildings
The three options are examples of resources for a firm which are intellectual property, cash, and buildings.
Businesses require various kinds of resources to operate effectively. These resources can be divided into two categories: tangible and intangible.Tangible resources: Assets that can be seen, touched, and quantified in financial terms are known as tangible resources. For example, buildings, equipment, inventory, cash, and other assets fall under this category.
Intangible resources: The non-physical and non-monetary assets of a company are referred to as intangible resources. These resources can be categorized as human resources (e.g. workforce), intellectual resources (patents, trademarks, and copyrights), social resources (e.g. brand reputation), and technological resources (e.g. software and patents).So, all of the options are examples of resources for a firm.
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the expense associated with the estimate of the amount of accounts receivable that may not be collected during the year is referred to as blank .
The statement is completed as: The expense associated with the estimate of the amount of accounts receivable that may not be collected during the year is referred to as bad debt expense.
Accounts receivable is a type of current asset account that firms maintain on their balance sheets to track money that their customers owe them for goods or services supplied. These receivables are documented as invoices that represent what customers owe and are kept track of using accounting systems.
Bad debt expense is an expense that arises when a customer who owes a business money does not pay it back. This is accounted for by lowering the value of accounts receivable on the balance sheet, effectively acknowledging that some customers will not pay what they owe.
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xemena made a $7,000 down payment towards the purchase of a new house. her monthly payments are $1,467.23 for 360 months at 5.75% per year compounded monthly. what is the purchase price of the home?
Answer:
258437.33
Explanation:
cost control involves containing construction costs within the budget established by the cost estimate. question 3 options: true false
Cost control involves containing construction costs within the budget established by the cost estimate. - True
In order to guarantee that the project is completed on schedule and under budget, managers must keep costs in check by managing labor, material, and overhead expenditures. The ability to control costs depends on accurate projections and ongoing project monitoring. It is a crucial component of construction management, which is controlling and keeping track of project expenditures.
This is done to make sure they stay within the financial constraints defined by the cost estimate. To put it another way, it is the process of controlling project costs to avoid going over budget. Monitoring project expenses, spotting possible cost overruns, putting cost-cutting measures in place, and managing changes that influence project costs are just a few of the activities that make up cost control.
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a pe ratio that is based on estimated future earnings is known as a blank pe ratio. multiple choice question. forward voodoo target relative
A pe ratio that is based on estimated future earnings is known as a blank pe ratio. (first option)
What is a pe ratio?The price to earning ratio (the pe ratio) is a financial metric used to value a company. it compares the price of a stock to the earnings of the stock. PE ratio = market value per share / earnings.
The two types of PE ratios are the trailing P/E ratio and the forward P/E ratio. The trailing P/E ratio is calculated by dividing current share price by the earnings per share for the past 12 months.
The forward p/e is calculated by dividing current share price by the estimated per share earnings for the next 12 months
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Missing parts;
PE ratio that is based on estimated future earnings is known as a ---- PE ratio. multiple choice question.
Blank
forward
voodoo
target
relative
when government decide to hire more teachers for public schools, how would the price of learning change? explain the intuition and draw the graph to show the changes.
When the government decides to hire more teachers for public schools, the price of learning will decrease.
This is because the increased number of teachers will lead to a decrease in the cost of education. The intuition behind this is that when the supply of teachers increases,
the cost of hiring them will decrease, leading to a decrease in the cost of learning for the students. Therefore, the more teachers that are hired, the lower the price of learning will become.
In order to draw a graph that shows the changes, we can use a simple supply and demand model.
The supply of education will shift to the right, as more teachers are hired, and the demand for education will remain the same.
This will lead to a decrease in the equilibrium price of education and an increase in the quantity of education demanded.
To illustrate this, we can draw a supply and demand graph, with the vertical axis representing the price of education, and the horizontal axis representing the quantity of education demanded.
The supply curve will be upward sloping, while the demand curve will be downward sloping.
When the government hires more teachers for public schools, the supply curve will shift to the right, leading to a new equilibrium price and quantity. This is shown in the graph below:
Thus, when the government decides to hire more teachers for public schools, the price of learning will decrease due to the increased supply of teachers.
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at the store, 60 brand a diapers costs $24.94, while 100 diapers of brand b costs $39.99. which is the better buy, brand a or brand b diapers?\
The final answer are 60 brand a diapers costs $24.94, while 100 diapers of brand b costs $39.99, it is clear that brand b diapers are the better buy, as they are cheaper per diaper.
When comparing the cost of two different brands of diapers, it is important to look at the cost per diaper to determine which is the better buy. In this case, the store is selling 60 diapers of brand a for $24.94, while 100 diapers of brand b cost $39.99.
To calculate the cost per diaper for each brand, we can divide the total cost by the number of diapers. For brand a, we get a cost per diaper of $24.94/60 diapers = $0.4157 per diaper. For brand b, we get a cost per diaper of $39.99/100 diapers = $0.3999 per diaper.
Based on this calculation, we can see that brand b diapers are cheaper per diaper than brand a diapers. Therefore, brand b is the better buy in terms of cost per diaper. It is important to consider factors such as cost per unit when making purchasing decisions, as it can help save money in the long run.
100 brand b diapers cost $39.99, which works out to be 0.3999 per diaper. On the other hand, 60 brand a diapers cost $24.94, which works out to be 0.4157 per diaper. Therefore, brand b diapers are cheaper per diaper and it is the better buy.
To summarize, when considering at the store, 60 brand a diapers costs $24.94, while 100 diapers of brand b costs $39.99, it is clear that brand b diapers are the better buy, as they are cheaper per diaper.
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exempted issuers are defined under the:a securities act of 1933b securities exchange act of 1934c trust indenture act of 1939d investment company act of 1940
The term "exempted issuers" is defined under the Securities Act of 1933 (A), which outlines certain types of securities that are exempt from registration with the Securities and Exchange Commission (SEC).
The Securities Act of 1933 is a federal law that regulates the issuance of securities in the United States. One of its main provisions is the requirement for issuers to register their securities with the SEC, unless an exemption applies.
The term "exempted issuers" refers to those issuers whose securities are exempt from registration, such as certain types of government securities, short-term commercial paper, and securities issued in private placements. These exemptions are designed to reduce regulatory burdens on certain types of issuers while still providing investors with necessary information to make informed investment decisions.
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the decision whether to produce products in the plant owned by your company or to outsource that production is made by which functional group?
The decision whether to produce products in the plant owned by your company or to outsource that production is made by Finance department or top level management, as they consider the cost of production and outsourcing and compare both and choose the most efficient method.
What is Outsourcing?Outsourcing is the activity in which the company gets services from another company, mainly a company outsources when the other company have better department or is a cheaper option.
In production, inhouse or outsourcing, the two main factors that are considered are Cost and Quality. Companies out sourcing its production and departments ensure that the quality is not compromised and or the cost is saved.
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92 of 120 to be in compliance, which individual will need to become a registered mortgage loan originator and obtain a unique identifier from the registry through nmls?
In order to be in compliance with the requirement that 92 of 120 individuals must become a registered mortgage loan originator and obtain a unique identifier from the registry through NMLS.
NMLS MeaningThe Nationwide Mortgage Licensing System (NMLS) is a centralized online database that’s used by mortgage and finance regulatory agencies to maintain state licensing programs.
A licensed MLO is someone who has completed the professional certification required to originate mortgages and provide home loan advice in at least one state. Both mortgage lending companies and individual MLOs, have to stay in regulatory compliance, which includes renewing their state licenses annually.
Once the MLO test is completed, the individual will need to register with the NMLS system and complete the required MLO licensing forms. Once the forms are completed, the individual will receive their unique identifier from the NMLS registry.
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a software company conducts the disc inventory assessment to evaluate its employees. the assessment reveals that there are very few employees who are calm, supportive of others, and work far ahead of any deadlines. which disc category applies to the employees described in the scenario?
The numerous methods of employee development can be divided into four major groups: formal education, evaluation, work experiences, and interpersonal interactions.
What could cause a company to demote workers to a lower level position?Demotions may be offered for a variety of reasons, such as subpar employee performance, disciplinary proceedings, the elimination of positions or organizational reorganization, and even an employee-desired reduction in responsibility.
What enables employees to choose learning opportunities that equip them to achieve their professional goals?Employees can get ready for their future jobs with the use of a combination of formal education, work experiences, connections, and personality and ability assessments. -assists staff in choosing professional development activities that would help them reach their career objectives.
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the new free agent workers will be a. highly educated scientists and managers. b. more loyal to good employers than were their predecessors. c. more proactive about their work environments. d. willing to move overseas to pursue good opportunities.
c. more proactive about their work environments. The newly hired free agents will be highly educated managers and scientists with cutting-edge technical abilities. They are anticipated to take a more proactive approach.
to their working settings and be open to exploring options that fit with their beliefs and professional aspirations. These workers place a high value on work-life balance and value flexibility and autonomy. They are more prone to regularly transfer occupations in quest of better possibilities and are less likely to be loyal to their employment. These professionals are more open to working abroad to further their good professional goals because to the growth of remote work and globalization. Employers must therefore adjust to these shifting dynamics by providing competitive pay scales, flexible work schedules.
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money that covers the basic living expenses of sales professionals is better known as an advance. question 6 options: true false
The given statement, "money that covers the basic living expenses of sales professionals is better known as an advance" is false because money that covers the basic living expenses of sales professionals is better known as a draw, not an advance.
What is a draw?
A draw is a financial arrangement that is similar to a loan. Sales professionals are usually compensated via commission, which means that their pay is determined by the amount of sales they generate for the company. However, sales may be difficult, and salespeople may not earn enough commission to cover their living expenses.
In this situation, the company may offer the salesperson a draw. A draw is a sum of money that is provided to the salesperson upfront, and it is usually based on the anticipated commissions. The salesperson can then use the draw to cover their basic living expenses until they begin generating enough commission to pay back the draw.
Once the salesperson has generated enough commission, they will begin to receive their normal pay. However, the draw will be deducted from the salesperson's commission until the draw has been paid back in full.
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the outcome of quality partnerships between salespeople and customers is a)lakc of customer complaints
The outcome of quality partnerships between salespeople and customers is the lack of customer complaints. This is because good partnerships built on mutual trust, understanding, and respect help to foster effective communication between salespeople and customers.
When this happens, customers feel more comfortable expressing their needs and concerns to salespeople, while salespeople are better able to listen and respond to these needs and concerns. This leads to a positive customer experience and ultimately, customer satisfaction.
The lack of customer complaints is a key indicator of customer satisfaction. It is an indication that customers are happy with the products and services they receive and are willing to continue doing business with the company. A lack of complaints also suggests that the company is delivering on its promises, and that customers feel that their needs and concerns are being heard and addressed.
The benefits of quality partnerships between salespeople and customers go beyond just the lack of complaints. Good partnerships also help to build customer loyalty, which is essential for the long-term success of any business.
By building strong relationships with customers, salespeople can create a sense of loyalty that will keep customers coming back time and time again. This, in turn, can lead to increased sales, higher profits, and a more positive reputation for the company.
Therefore, companies must invest in building quality partnerships between salespeople and customers. This requires a focus on communication, listening, and building relationships that are based on mutual trust and respect.
By doing this, companies can create a positive customer experience that will lead to increased customer satisfaction, loyalty, and ultimately, business success.
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an investor buys a european call at a premium of $2.20 with a strike price of $75 for stock a with expiration in 1-month. what will be the profit for the investor in one month at stock price of $75.78.
The profit will be $0.80 for the investor in one month at a stock price of $75.78
To figure out what the profit would be, we must first know the break-even point. If the strike price is $75 and the investor paid a premium of $2.20, the break-even point would be $77.20 ($75 + $2.20).
As a result, if the stock price is greater than $77.20, the investor will profit. Since the stock price is $75.78, which is less than $77.20, the investor will lose money.
Suppose the stock price is $78. The investor would profit in this scenario because the stock price is above the break-even point of $77.20. The profit for the investor would be equal to the stock price minus the strike price minus the premium paid.
As a result, the profit would be equal to:
Profit = (Stock price - Strike price - Premium paid)
Profit = ($78 - $75 - $2.20)Profit = $0.80
Therefore, if the stock price is $78, the investor will profit $0.80.
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if a buyer of a product does not have to pay for it until he or she resells it, such a transaction is usually referred to as:
If a buyer of a product does not have to pay for it until he or she resells it, such a transaction is usually referred to as consignment sales.
Consignment sales are a kind of arrangement in which the owner of goods transfers ownership to the person who agrees to sell them. The owner retains ownership of the goods until they are sold. The consignee does not make any payment to the consignor until the goods are sold.The consignee is frequently given the authority to market the consignment goods in exchange for a fee.
The fee is commonly a percentage of the sale price. The consignee may sell the products at a higher price than the owner. In this case, the excess amount earned by the consignee is referred to as a commission. The consignor may specify the price at which the goods will be sold by the consignee. A consignment contract is frequently used in this situation. The consignment arrangement is frequently utilized when there is a significant quantity of stock available and the seller does not want to sell it all at once.
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for which of the following products is demand likely to be the most elastic? multiple choice all clothing items all shoes converse all star sneakers all gym shoes
Elastic demand occurs when a slight adjustment in price results in a significant increase or decrease in demand.
Consumers' response to price changes can be determined by looking at how much the amount demanded changes when the price of a product changes. If the amount demanded changes significantly when the price changes slightly, demand is elastic.
Conversely, if the amount demanded changes very little in response to a price change, demand is inelastic. The following products are not likely to have elastic demand: All shoes, Converse All Star sneakers, and all gym shoes.
Therefore, the correct answer is "All clothing items."
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Which of the following products is likely to have the most elastic demand: all clothing items, all shoes, Converse All Star sneakers, or all gym shoes?
stone needs to accumulate sufficient funds to pay a $470,000 debt that comes due on december 31, 2029. the company will accumulate the funds by making five equal annual deposits to an account paying 8% interest compounded annually. determine the required annual deposit if the first deposit is made on december 31, 2024.
Stone requirements to set aside yearly installments of $73,564.34 to amass adequate assets to pay the $470,000 obligation that comes due on December 31, 2029, assuming the primary store is made on December 31, 2024.
What are Assets?Assets are financial resources that a company, individual, or organization owns or controls and can use to generate future financial benefits. Assets can be intangible, like patents, trademarks, copyrights, and goodwill, or tangible, like cash, inventory, property, plant, and equipment, in accounting. Based on their liquidity and anticipated use, assets can also be categorized as current or non-current.
Those assets that are anticipated to be utilized or converted into cash within a year or operating cycle, whichever comes first, are considered current assets. They include things like inventory, accounts receivable, cash and cash equivalents, and prepaid expenses.
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Assuming the main store is made on December 31, 2024, Stone needs to put aside yearly installments of $73,564.34 to accumulate enough assets to pay the $470,000 obligation that becomes due on that date.
How to calculate PV Annuity Due?Financial resources that a business, person, or group owns or controls and can use to produce future financial benefits are known as assets.
Functions of a table or computer FVAD of $ 1
Future Value 560000
n 5
i 8%
Deposit $88,385
Working Note
FV Annuity Due = C*((((1+i)^n)-1)/i)*(1+i)
560000= C*((((1+0.08)^5)-1)/0.08)*(1+0.08)
560000= C*6.335929
C= 560000/6.335929
C= 88385
Required Annual Deposit (C ) = 88384.83
Functions of a computer or table PVAD of $ 1
Payment $136,000
n 10
i 11%
Deposit $889,038
Working:
PV Annuity Due= C*((1-(1+i)^(-n))/i)*(1+i)
PV Annuity Due = 136000*((1-(1+0.11)^(-10))/0.11)*(1+0.11)
PV Annuity Due = 889038
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the short run average total cost curve reaches it minimum value at an output level greater than that associated with the minimum value of average variable cost because the short run average total cost curve reaches it minimum value at an output level greater than that associated with the minimum value of average variable cost because of constant returns to scale. of external economies of scale. of economies of scale. it includes average fixed cost. of external diseconomies of scale.
The statement "the short run average total cost curve reaches it minimum value at an output level greater than that associated with the minimum value of average variable cost because it includes average fixed cost." is true.
What is Short Run Average Total Cost?Short run average total cost (SRATC) is the expense of producing each unit of output in the short run when all inputs, except for capital, are variable. It comprises both fixed and variable expenses. The average total cost (ATC) is the average cost of producing each unit of output, including all fixed and variable expenses.
When all inputs are variable, the ATC is equivalent to the SRATC. However, the short run average total cost curve reaches it minimum value at an output level greater than that associated with the minimum value of average variable cost because it includes average fixed cost.
When the output is reduced, the average fixed cost rises, resulting in an increase in the average total cost. As a result, the average total cost curve does not intersect the average variable cost curve at its minimum point but does so at an output level greater than the average variable cost curve.
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if a decrease in the price of a good decreases the total revenue, the demand for the good is a. price elastic b. price inelastic c. income elastic d. income inelastic
If a decrease in the price of a good decreases the total revenue, the demand for the good is price elastic.
Therefore, correct option is : a. price elastic.
Price elasticity of demand refers to the responsiveness of the quantity of a product demanded to changes in the product’s price. It measures how much the quantity demanded of a product changes as its price changes. If a small change in price results in a large change in the quantity demanded, we say that demand is elastic. On the other hand, if a change in price causes little change in the quantity demanded, demand is said to be inelastic. If a change in price produces a change in total revenue in the opposite direction, demand is elastic.
In contrast, if a change in price produces a change in total revenue in the same direction, demand is inelastic. Price elasticity of demand can be estimated using the following formula:PED = % change in quantity demanded / % change in priceIf PED > 1, demand is elastic, if PED < 1, demand is inelastic, and if PED = 1, demand is unit elastic. For instance, if a 10% increase in the price of a good leads to a 20% reduction in quantity demanded, the price elasticity of demand for the good is PED = -20%/10% = -2. Therefore, demand is elastic. Conversely, if a 10% increase in the price of a good results in a 5% reduction in quantity demanded, PED = -5%/10% = -0.5. Therefore, demand is inelastic.
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wilma is hired to keep the books and pay the bills for a small company. she provides a(n) resource for the firm.
Wilma provides a valuable resource for the small company she works for by keeping their books and paying their bills.
Financial management can be difficult for a small business to maintain, but Wilma's expertise and experience makes it possible. With her help, the company can track their finances, create a budget, pay bills on time, and stay on top of cash flow.
Wilma's ability to handle the company's finances accurately and effectively can help them stay organized and increase their bottom line. In short, Wilma provides a valuable resource for the small company and her services can help them stay successful.
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the sensory characteristic of a product that sticks with consumers, helping them to remember the product in a unique way, is called the
The main sensory characteristic of a product that sticks with consumers and helps them remember it in a unique way is called brand recognition.
Brand recognition is a vital part of marketing a product or service and creating a strong, recognizable identity in the minds of consumers. It is achieved by carefully creating and maintaining the product's image, often through creative branding, advertising, and marketing tactics.
Brand recognition helps a product stand out from the competition and build a unique connection with consumers. It also helps a product build trust and loyalty in the minds of consumers, making them more likely to purchase the product in the future.
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