According to the customer pyramid hierarchy, the iron segment customers of a retailer is the lowest segment of customers. This segment consists of those customers who buy goods on a day-to-day basis for their basic needs and therefore can be considered the largest segment in terms of the number of customers who buy regularly.
The following is the customer pyramid hierarchy:
Platinum Customers: These are the most loyal and satisfied customers of the company who have been customers for a long time and often recommend the company to others. This is the smallest segment customers, but they generate the most revenue.
Gold Customers: These are the customers who make regular purchases and are satisfied with the company's products and services.
Silver Customers: These are the customers who occasionally buy products and may or may not be satisfied with the company's products and services.
Iron Customers: These are the customers who buy goods on a day-to-day basis for their basic needs and therefore can be considered the largest segment customers who buy regularly. These customers are less loyal and less profitable than the other segments.
Bronze Customers: These are the customers who only buy the products on sale or the cheapest products. The segment customers are less loyal and less profitable for the company.
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earnings per share, price-earnings ratio, dividend yield the following information was taken from the financial statements of zeil inc. for december 31 of the current fiscal year: common stock, $25 par value (no change during the year)$7,000,000 preferred $4 stock, $100 par (no change during the year)4,000,000 the net income was $1,000,000 and the declared dividends on the common stock were $70,000 for the current year. the market price of the common stock is $21.00 per share. for the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield. if required, round your answers to two decimal places. a. earnings per share$fill in the blank 1 b. price-earnings ratiofill in the blank 2 c. dividends per share$fill in the blank 3 d. dividend yieldfill in the blank 4 %
The given problem relates to the calculation of earnings per share, price-earnings ratio, dividends per share, and dividend yield. The calculation for each of these is as follows: Earnings per share=Earnings on common shares/Number of common shares outstanding=($1,000,000 - $70,000) / $7,000,000 = $0.13 per share.
Price-earnings ratio=Market value per share/Earnings per share=$21.00/$0.13 = 161.54.Dividends per share=Dividend on common shares/Number of common shares outstanding=$70,000 / $7,000,000 = $0.01 per share. Dividend yield=Dividends per share/Market price per share= $0.01 / $21.00 = 0.048 or 4.80%.The solution to the given problem is shown below: a. Earnings per share = $0.13b. Price-earnings ratio = 161.54c. Dividends per share = $0.01d. Dividend yield = 4.80%.
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bonds that are not secured by specific property are called group of answer choices debentures. blanket mortgage bonds. open-end mortgage bonds. chattel mortgage bonds.
Debentures are bonds that are not secured by specific property or assets and instead rely on the creditworthiness of the issuer. Thus, Option A is correct.
Debentures are a form of unsecured debt, meaning they do not have any collateral backing them up. Instead, investors rely on the issuer's ability to make interest payments and repay the principal amount at maturity. Debentures are typically issued by corporations or governments to raise funds for various purposes such as capital expenditures, mergers and acquisitions, or to refinance existing debt.
They are considered riskier than secured bonds but often offer higher yields to compensate investors for the added risk.
This question should be provided with answer choices, which are:
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when operating expenses for an organization are reduced to a rate per day and compared with the amount in accounts payable, this computation:
When operating expenses for an organization are reduced to a rate per day and compared with the amount in accounts payable, this computation is referred to as operating expense ratio.
The operating expense ratio is calculated by dividing the total operating expenses of the organization in a particular period (usually one year) by the total accounts payable in the same period.
This ratio helps to analyze the financial stability and efficiency of an organization as it measures the extent to which the operating expenses can be covered with existing funds.
The higher the operating expense ratio, the better as it implies that the organization has enough accounts payable to cover its operating expenses. On the other hand, a lower ratio may indicate that the organization may need to seek additional funding sources to cover its operating expenses.
Therefore, the operating expense ratio is an important factor to consider when evaluating an organization's financial situation.
By using this calculation, managers can better understand the financial health of their organization and make better decisions to improve their financial performance.
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Kilroy uses the net method to record sales on account. kilroy sells goods on account for $1,000 with terms 2/10, n/30. the journal entry to record this transaction will include (select all that apply.) multiple select question. debit to sales, $1,000.
credit to sales, $980.
credit to sales, $1,000. credit to accounts receivable, $980. debit to accounts receivable, $1,000.
debit to accounts receivable, $980.
Answer: The journal entry to record this transaction will include a debit to accounts receivable, $1,000 and a credit to sales, $1,000.
Explanation: When Kilroy sells goods on account for $1,000 with terms 2/10, n/30 and uses the net method to record sales on account, the journal entry to record this transaction will include a debit to accounts receivable, $1,000 and a credit to sales, $1,000. The terms 2/10, n/30 mean that if the customer pays within 10 days of the invoice date they will receive a 2% discount. If they do not pay within 10 days they must pay the full amount within 30 days of the invoice date.
Received message. The journal entry to record this transaction will include a debit to accounts receivable, $1,000 and a credit to sales, $1,000. When Kilroy sells goods on account for $1,000 with terms 2/10, n/30 and uses the net method to record sales on account, the journal entry to record this transaction will include a debit to accounts receivable, $1,000 and a credit to sales, $1,000. The terms 2/10, n/30 mean that if the customer pays within 10 days of the invoice date they will receive a 2% discount. If they do not pay within 10 days they must pay the full amount within 30 days of the invoice date.
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When measuring the effectiveness of her retailing strategy, Martha decides to measure the sales per square foot, which is calculated by dividing ___________ by selling area in square feet.
a. discounted sales
b. total visits
c. lead to close ratio
d. total sales
When measuring the effectiveness of her retailing strategy, Martha decides to measure the sales per square foot, which is calculated by dividing discounted sales by selling area in square feet.The answer is option A: Discounted sales.
How to calculate sales per square foot?
Sales per square foot is a measurement of sales efficiency that compares sales to floor space. It is calculated by dividing total sales by the area of the selling space in square feet, as shown below:Selling Area = Total Store Area – Stockroom, Back Office, and Other Unrelated AreasSales per Square Foot = Total Sales / Selling Area
Therefore, when measuring the effectiveness of her retailing strategy, Martha decides to measure the sales per square foot, which is calculated by dividing discounted sales by selling area in square feet.
What is discounted sales?
Discounted sales are items that have had their prices reduced. They are frequently placed on sale, particularly during holidays or the end of the season. Retailers often utilize promotional pricing tactics such as discounts to boost sales and attract more customers. Discounts are frequently used to draw attention to seasonal items that must be sold before the season ends.
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Refer to the above diagram, which shows demand and supply conditions in the competitive market for product X. Other things equal, a shift of the supply curve from S0 to S1 might be caused by a(n):
government subsidy per unit of output paid to firms producing X.
increase in the number of firms producing X.
decline in the price of the basic raw material used in producing X.
increase in the wage rates paid to laborers employed in the production of X.
According to the given graph, a shift of the supply curve from S0 to S1 might be caused by an increase in the wage rates paid to laborers employed in the production of X.
Let's understand how this conclusion was made: The above diagram represents the market for product X. The horizontal axis represents the quantity of product X, while the vertical axis represents the price of product X. The demand curve shows the relationship between the price of the product X and the quantity of X that consumers are willing to buy. It slopes downwards as the price of the product decreases, and the quantity demanded increases. The supply curve shows the relationship between the price of product X and the quantity of X that producers are willing to sell. It slopes upwards as the price of the product increases, and the quantity supplied increases. The point where the supply and demand curve intersects is called equilibrium. It represents the price at which the quantity demanded by the consumer is equal to the quantity supplied by the producer. At equilibrium, there is no shortage or surplus of the product in the market. It is represented by point E in the graph.
Other things being equal, a shift of the supply curve from S0 to S1 might be caused by an increase in the wage rates paid to laborers employed in the production of X. A rise in wage rates will lead to a rise in the cost of production of product X. Hence, firms would need to charge higher prices to cover the higher cost of production. Therefore, the supply curve will shift from S0 to S1.
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aaron medford has invested $600 in the corporate stock of a manufacturer of offshore oil drilling equipment. if the company goes bankrupt, the most medford could lose would be:
If Aaron Medford has invested $600 in the corporate stock of a manufacturer of offshore oil drilling equipment, the most he could lose if the company goes bankrupt would be $600.
When a corporation wishes to raise money, it can do so by selling stocks, which are shares of ownership in the company. People who buy stocks are referred to as shareholders, and they own a portion of the company based on the number of shares they hold.
They also have a right to a portion of the company's profits in the form of dividends, which are payments made to shareholders.
The stock market is a market where corporate stocks are purchased and sold. Stock prices fluctuate based on a variety of variables, including the company's performance, news, and other economic factors.
This makes investing in the stock market a high-risk, high-reward opportunity because there is no guarantee that the value of the stock will rise, and there is a chance that it will fall.
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excess cash held by a firm should be: group of answer choices reinvested by the firm in projects offering rates of return higher than the cost of capital reinvested by the firm in the financial markets distributed to bondholders in the form of extra coupon payments reinvested by teh firm in projects offering the highest rate of return, regardless of risk
Firms should strive to identify and invest in projects offering the highest rate of return, regardless of risk. By doing so, firms can maximize the value of their investments and increase shareholder value.
The excess cash held by a firm should be reinvested by the firm in projects offering the highest rate of return, regardless of risk. This is because the primary objective of a firm is to maximize its value and generate returns for shareholders. Therefore, it is essential for firms to identify and invest in projects that offer the highest returns relative to their risks.
When evaluating potential projects, firms need to consider the cost of capital. The cost of capital is the minimum rate of return required by shareholders or bondholders in order to invest in the firm. This cost of capital represents the expected return investors require to invest in the firm’s projects, and it is necessary to identify projects that offer returns greater than the cost of capital.
In addition to investing in projects offering rates of return higher than the cost of capital, firms should consider reinvesting excess cash in the financial markets. These investments may include purchasing stocks, bonds, or other securities. These investments are not necessarily designed to generate returns for the firm, but instead, may be used as a tool to generate profits from capital gains or to hedge against other risks.
Ultimately, firms should strive to identify and invest in projects offering the highest rate of return, regardless of risk. By doing so, firms can maximize the value of their investments and increase shareholder value.
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discuss the role of information in the supply chain and how it supports supply chain planning and execution.
Information is an essential component of the supply chain, as it provides the data needed to plan and execute successful strategies. By utilizing data and analytics, businesses can maximize their efficiency, better understand their customers, and stay ahead of the competition.
Information plays a vital role in the supply chain, as it enables the efficient management of resources and allows for accurate planning and execution. Information helps to identify current customer needs and market trends, which in turn helps businesses to plan ahead and make informed decisions about the sourcing, manufacturing and distribution of products.
Additionally, information facilitates the tracking of inventory and helps to ensure that products are available when and where customers need them. Lastly, the use of data and analytics in the supply chain helps to identify inefficiencies and areas for improvement, thereby allowing businesses to maximize their efficiency and minimize their costs.
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a company has 15 million authorized shares. it has 3 million treasury shares and has 10 million issued shares. it went public at $50 per share last year. it now trades at $35 per share. what is the current market value of its equity?
The current market value of the company's equity can be calculated by multiplying the number of outstanding shares (10 million) by the current share price ($35). Therefore, the market value of the company's equity is $350 million.
It is important to note that the authorized shares are the maximum amount of shares the company is allowed to issue, while the treasury shares are the company's own shares that have been previously issued and are then reacquired by the company. The issued shares are the number of shares that have been made available to the public.
The $50 per share that the company went public at last year is known as the initial public offering (IPO) price. The difference between the current share price of $35 and the IPO price of $50 is the loss in value that the company's equity has experienced over the last year.
It is also important to note that market value of the company's equity is not the same as the book value of the company's equity, which is the sum of the company's liabilities and its shareholders' equity. The book value does not take into account the fluctuations in the market and does not reflect the current market prices of the company's equity.
Overall, the current market value of the company's equity is $350 million. This can be calculated by multiplying the number of outstanding shares (10 million) by the current share price ($35).
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consider a 10-year treasury bond with face value of $1000 and an annual coupon rate of 5%. current interest rates are also 5%. if interest rates rally to 6%, what is the future value of the payment made at maturity?
The future value of the payment made at maturity is $1790.85.
To calculate the future value of the payment made at maturity, we need to use the formula for the future value of a single sum:
FV = PV x (1 + r)nWhere:
FV is the future valuePV is the present valuer is the interest raten is the number of periodsIn this case, the present value is the face value of the bond, which is $1000. The interest rate is 6%, and the number of periods is 10 years. So, we can calculate the future value of the payment made at maturity as follows:
FV = $1000 x (1 + 6%)10= $1000 x 1.06^10
= $1790.85
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if the yield increases--and everything else remains the same--the required capacity in flow units per time period . multiple choice question.
If the yield increases--and everything else remains the same--the required capacity in flow units per time period will? Increase. The correct answer is option D.
This is because when the yield increases, more output is produced in the same amount of time, and thus the required capacity is higher.
In other words, if the yield increases, the required capacity will also increase as it needs to be able to accommodate the increased output. If the yield increases--and everything else remains the same--the required capacity in flow units per time period also increases.
What is meant by required capacity?
The required capacity is the amount of energy, labor, or other inputs required to produce a product or service. In operations management, required capacity refers to the level of output required to meet a specific demand level over a specified period of time.Increases in yield increase the level of output required to meet a given demand level over a specified period of time, resulting in an increase in required capacity. Other things remaining constant, an increase in yield results in an increase in capacity required.
The correct answer is option D.
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risks can be avoided by countering the threats facing an asset or by eliminating the exposure of an asset. question 1 options: true false
The statement "risks can be avoided by countering the threats facing an asset or by eliminating the exposure of an asset" is true.
How can risks be avoided?Risks can be avoided by implementing proper security measures. It can be done by countering the threats that the asset is facing or by eliminating the asset's exposure. The countermeasures employed by organizations aim to prevent or minimize the risks associated with their assets.
Some of the common countermeasures include:
Providing access control to protect against unauthorized accessConducting regular security assessments and audits of the organization and its Assets Use of firewalls, IDSs, and antivirus software to prevent cyber-attacksImplementing physical security measures such as video surveillance, access control, and burglar alarmsRegular training of employees to ensure that they understand the importance of security measuresMaintaining a backup and disaster recovery plan to help mitigate the consequences of a security breach.Learn more about risks at
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We must address safety concerns before we ____more skilled technicians.
"We must address safety concerns before we train more skilled technicians" to ensure their safety and the safety of others.
It is crucial to address safety concerns before training more skilled technicians as their work may involve handling potentially dangerous equipment or working in hazardous environments. Neglecting safety can result in accidents, injuries, or even fatalities. By prioritizing safety, we can create a safe working environment for technicians and prevent any potential harm to themselves or others.
This can be achieved by providing safety training, enforcing safety protocols, ensuring proper equipment maintenance, and continuously monitoring safety performance. Ultimately, a safe workplace not only protects employees, but it also increases productivity, reduces costs, and improves overall job satisfaction.
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in cash from his savings account. what immediate effect does this transaction have on the monetary aggregate measures of
When someone withdraws cash from their savings account, the immediate effect on the monetary aggregate measures of a country is a decrease in the M2 monetary aggregate measure.
Monetary aggregate measures: Monetary aggregate measures are indicators used to keep track of the money supply in an economy or a country. The three most common monetary aggregate measures are M1, M2, and M3. The amount of currency in circulation, traveler's checks, and checking account deposits are all included in M1. M2 is a broader measure that includes M1 as well as savings account deposits, small-denomination time deposits, and other time deposits. The M3 measure, on the other hand, is the broadest measure of the money supply, including all of the previous measures as well as large-denomination time deposits, institutional money market funds, and other larger liquid assets.
Savings account: A savings account is a bank account that is used to store money that is not needed for daily expenses. Savings accounts are a type of deposit account, which means that they are a bank account that earns interest. Savings accounts, unlike checking accounts, usually have restrictions on how often the account holder can withdraw money. In exchange for these limitations, savings accounts typically provide higher interest rates than checking accounts.
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harding corporation acquired real estate that contained land, building and equipment. the property cost harding $2,660,000. harding paid $805,000 and issued a note payable for the remainder of the cost. an appraisal of the property reported the following values: land, $706,440; building, $2,674,560 and equipment, $798,000. what value will be recorded for the building? multiple choice $515,200 $130,000 $1,702,400 $2,674,560
The value recorded for the building is $1,702,400.Real estate is any property consisting of land and the buildings on it, as well as any natural resources including crops, water, and minerals. Real estate has a significant economic impact on most individuals, as real estate comprises a substantial portion of most people's net worth, and for the majority of people, their home is their largest investment asset.
Land, building, and equipment cost Harding Corporation $2,660,000. Harding paid $805,000 and issued a note payable for the remainder of the cost. The property was valued in the following ways: land, $706,440; building, $2,674,560, and equipment, $798,000.Value to be recorded for building = 2,674,560 * (2,660,000 - 805,000) / 4,178,000= 1,702,400Therefore, the value recorded for the building is $1,702,400.
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ogier incorporated currently has $800 million in sales, which are projected to grow by 10% in year 1 and by 5% in year 2. its operating profitability ratio (op) is 10%, and its capital requirement ratio (cr) is 80%?
The projected sales to Ogier Incorporated in Years 1 and 2, given the rate of projected growth are:
Year 1 - $ 880 million Year 2 - $ 924 millionHow to find the projected sales ?The projected sales can be found by the formula :
= Preceding year sales x ( 1 + projected rate of growth )
For Year 1, the projected sales to Ogier Incorporated would be:
= 800 million x ( 1 + 10 %)
= 800 x 1 .1
= $ 880 millions
For Year 2, the projected sales would be:
= 880 millions x ( 1 + 5 % )
= 880 millions x 1. 05
= $ 924 millions
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The complete question is:
Ogier Incorporated currently has $800 millions in sales, which are projected to grow by 10% in Year 1 and 5% in Year 2. Its operating profitability ratio (OP) is 10%, and its capital requirement ratio (CR) is 80%?
What is the projected sales in Years 1 and 2?
Ten thousand people wanted to attend a concert, but the stadium only seats 3,000. Because of the high demand, concert officials increased the price of admission to a point
where only 3,000 people were able to afford the price. Which of the following best relates to the other 7,000 people who were unable to attend the concert:
Limited demand
Price incentives
Price rationing
Excess supply
It would be an example of price rationing. Since 3000 could only attend, they would have to increase the price to gain a profit from the demand.
moving from the smallest to the largest value over this time span, what is the percentage change in the money supply m (m2)?
The percentage change in the money supply (M2) as we move from the smallest to the largest value over this time span is 59.9%. Money supply is the total amount of currency, demand deposits, and any other liquid assets held by a country's citizens and institutions. The money supply is divided into several categories, the most important of which is M1 and M2.
In the year 2000, the money supply M2 was $4,319.2 billion. Over the following five years, it grew to $6,901.5 billion by 2005.The formula for percentage change can be defined as:$$\text{Percentage Change} = \frac{Final\;Value - Initial\;Value}{Initial\;Value} \times 100$$We can utilize this equation to determine the percentage change in the money supply M2 as we move from the smallest to the largest value over this time span.
Percentage Change = $${\left(\frac{6,901.5 - 4,319.2}{4,319.2}\right)} \times 100$$Percentage Change = 59.9%Thus, there is a 59.9% percentage change in the money supply (M2) as we move from the smallest to the largest value over this time span.
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compare this case to the norplant case in chapter 7. what similarities/differ- ences do you see in the marketing campaigns? in the lawsuits?
The Norplant case, which is covered in Chapter 7, is similar to the case discussed in the question in that both cases involve contraceptives. Both Norplant and the case discussed in the question involve a pharmaceutical company promoting a product that can be used as a form of birth control.
However, there are several differences between the two cases. The Norplant case was focused around the marketing of the product, while the case discussed in the question involves a lawsuit over the product.
The marketing campaigns for the two cases were very different. For Norplant, the pharmaceutical company had an aggressive advertising campaign to promote the product, while the case discussed in the question does not appear to have any specific advertising campaign associated with it.
Additionally, the Norplant case resulted in multiple lawsuits, while the case discussed in the question does not appear to have any related lawsuits.
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the bookkeeper for company wrote a check for to pay for furnace maintenance. the check was incorrectly recorded in the general journal as . the entry to correct this error would be
The entry to correct the incorrectly recorded check in the general journal is a debit to Cash and a credit to the expense account that the check was meant to pay.
The entry to correct this error in the general journal would be to debit the account Furnace Maintenance and credit the account Cash for the amount of the check. HTML Version: The entry to correct this error in the general journal would be to debit the account Furnace Maintenance and credit the account Cash for the amount of the check.
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when a salesperson has been introduced to a sales lead by another customer, that salesperson has been provided a(n) .
The salesperson has been provided a referral.
A referral is when a customer provides an introduction to another customer who might be interested in the salesperson's services or products.
This is beneficial because it helps the salesperson make a connection with the potential customer and build a relationship from the start.
When a customer provides a referral, it can give the salesperson credibility as the customer is vouching for the salesperson's services or products. This also helps build trust between the salesperson and potential customer as the referral is based on the customer's trust in the salesperson.
It can also open up potential opportunities that may not have been available without the referral. Finally, it can help the salesperson save time and resources that might have been used to find the customer on their own.
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a zero coupon bond with a face value of $1,000 that matures in 15 years sells today for $529. what is the yield to maturity?
The yield to maturity of the zero coupon bond with a face value of $1,000 and a maturity of 15 years is 9.36%.
To calculate the yield to maturity, we use the formula:
YTM = [(FV / PV)1/n - 1] x (1/n)
Where:
YTM = Yield to Maturity
FV = Face Value
PV = Present Value
n = Number of Years to Maturity
So, in this case:
YTM = [(1,000 / 529)1/15 - 1] x (1/15) = 9.36%
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sean is a community college student and has been saving his tips from his job waiting tables at a restaurant for months to see hamilton. he is willing to pay $705 for a ticket. anca has seen hamilton five times already, but wants to see it again before heading to europe for a month. she is willing to pay $1,250 for a ticket. there is one ticket left, and the seller is charging $700. does sean or anca buying the ticket lead to a more economically efficient outcome?
Sean is a community college student. He is willing to pay $705 for a ticket. Anca has seen Hamilton five times already but wants to see it again before heading to Europe for a month. She is willing to pay $1,250 for a ticket. There is one ticket left, and the seller is charging $700. Sean buying the ticket leads to a more economically efficient outcome.
What is Economic Efficiency?
Economic efficiency is a term used to describe the state of the economy where the greatest possible amount of goods and services are produced from a limited set of inputs. Economic efficiency occurs when market pricing and equilibrium are aligned with society's preferred resource allocation.
The price of the ticket is $700. Sean is willing to pay $705 for the ticket, which is $5 more than the price. Anca, on the other hand, is willing to pay $1,250, which is considerably more than the ticket's price. Therefore, when Sean buys the ticket, economic efficiency is maximized, whereas when Anca buys the ticket, economic efficiency is diminished because she is overpaying for the ticket.
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fill in the blank. the labor supply curve facing a purely competitive employer is___, whereas the labor supply curve facing a monopsonist is____.
The labor supply curve facing a purely competitive employer is perfectly elastic, whereas the labor supply curve facing a monopsonist is upward-sloping.
The labor supply curve of a perfectly competitive labor market is quite different from that of a monopsonistic labor market. The labor supply curve facing a purely competitive employer is perfectly elastic, meaning that it is horizontal or flat, as there are many substitutes for labor, and the employer has no power over the price of labor. In contrast, the labor supply curve facing a monopsonist is upward-sloping, indicating that the employer has market power over the price of labor and can hire more workers only at higher wages.
The labor supply curve facing a monopsonist is upward-sloping because there is a trade-off between the wage rate and the number of workers the employer can hire. To hire additional workers, the employer must increase the wage rate paid to all workers, resulting in an increase in the marginal cost of hiring new workers. Therefore, a monopsonist must pay higher wages to all workers to hire additional workers, resulting in a higher wage rate for all workers.
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Hamsterville, where the marginal propensity to save is equal to 0.25, is currently experiencing a negative output gap of $60 million.How much would Hamsterville's government have to change taxes to restore the full employment level of aggregate output?
The government of Hamsterville would need to decrease taxes by $15 million to restore the full employment level of aggregate output.
To calculate the change in taxes required to restore full employment level of aggregate output in Hamsterville, we need to use the formula for the fiscal multiplier:
Fiscal multiplier = 1 / (1 - MPC)
where MPC is the marginal propensity to consume, which is equal to 1 - MPS (marginal propensity to save). In this case, we are given that MPS is 0.25, so MPC is 1 - 0.25 = 0.75. Therefore, the fiscal multiplier is:
Fiscal multiplier = 1 / (1 - 0.75) = 4
This means that for every dollar change in taxes, the overall aggregate output will change by $4.
Since Hamsterville is experiencing a negative output gap of $60 million, to restore full employment level of aggregate output, we need to increase aggregate output by $60 million. Using the fiscal multiplier, we can calculate the change in taxes required:
Change in taxes = Change in aggregate output / Fiscal multiplier
Change in taxes = $60 million / 4
Change in taxes = $15 million
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what term is used to mean manufacturing designed to achieve high customer satisfaction with minimum levels of inventory investment?
The term used to describe manufacturing designed to achieve high customer satisfaction with minimum levels of inventory investment is "lean manufacturing."
Lean manufacturing is a production system that focuses on reducing waste and optimizing the value stream to create a more efficient and effective manufacturing process.
It involves the use of various tools and techniques, such as just-in-time inventory management, kaizen (continuous improvement), and visual management, to identify and eliminate non-value-added activities and processes.
The main objective of lean manufacturing is to increase customer satisfaction by delivering high-quality products on time and at a competitive price while minimizing waste and reducing inventory costs.
Overall, lean manufacturing is a customer-centric approach to production that seeks to optimize the value stream while minimizing waste, inventory, and costs to achieve high customer satisfaction.
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the amount reported on the company's cash flow statement as net cash used by investing activities would total what amount g
1.Net Cash Flow = Net Cash Flow from Operating Activities + Net Cash Flow from Financial Activities + Net Cash Flow from Investing Activities.
2.Net Cash Flow = Total Cash Inflows – Total Cash Outflows.
3.100,000 + 40,000 – 60,000 = 80,000
The amount reported on the company's cash flow statement as net cash used by investing activities would total the amount "g".
The amount reported on the company's cash flow statement as net cash used by investing activities would total the net amount of cash that was used for investment activities during a particular period.
These investment activities could include the acquisition or disposal of long-term assets, such as property, plant, and equipment, as well as any investments in other companies or securities.The net cash used by investing activities figure can be calculated by subtracting the total cash inflows from investing activities from the total cash outflows from investing activities.
The resulting figure will indicate whether the company is generating more or less cash from its investments than it is spending on those investments. If the net cash used by investing activities is a positive number, it indicates that the company is spending more cash on its investments than it is generating from those investments.
On the other hand, if the net cash used by investing activities is a negative number, it indicates that the company is generating more cash from its investments than it is spending on those investments.
Cash flow statements are an important financial statement that provides investors with valuable information about a company's cash inflows and outflows during a particular period.
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if the price of a good rise from 10 dollars to 15 and quantity sold decreases from 10000 to 7000 what is the elastiity
The elasticity is -0.875. This means that the good is relatively inelastic, as the percentage change in quantity sold (-30%) is less than the percentage change in price (+50%).
The elasticity of a good can be calculated using the formula (Q2 - Q1) / (Q2 + Q1) / 2 ÷ (P2 - P1) / (P2 + P1) / 2 where Q1 and P1 are the original quantity and price, and Q2 and P2 are the new quantity and price respectively.
To find the elasticity when the price of a good rises from $10 to $15 and the quantity sold decreases from 10,000 to 7,000, we can use this formula as follows:
Elasticity = ((7,000 - 10,000) / ((7,000 + 10,000) / 2)) / ((15 - 10) / ((15 + 10) / 2))
Elasticity = (-3,000 / 8,500) / (5 / 12.5)
Elasticity = -0.35 / 0.4
Elasticity = -0.875
Therefore, the elasticity is -0.875. This means that the good is relatively inelastic, as the percentage change in quantity sold (-30%) is less than the percentage change in price (+50%).
This indicates that the demand for this good is relatively insensitive to changes in price, meaning that consumers are not very responsive to price changes.
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when externalities are present, a. suppliers will refuse to produce desired goods and services. b. this indicates that property rights are well-defined and enforced. c. competitive market outcomes may be inconsistent with ideal economic efficiency. d. competitive markets will generally achieve ideal economic efficiency.
When externalities are present, competitive market outcomes may be inconsistent with ideal economic efficiency. The correct option is c.
What are externalities?
An externality is an economic concept referring to a cost or benefit that affects a third party that did not choose to incur that cost or benefit. Economists often represent externalities by writing down the formula S + EX - IM = I. This formula represents that the number of imports in a country is equal to the excess supply of exports minus the excess demand for that country's exports. When externalities are present, competitive market outcomes may be inconsistent with ideal economic efficiency. Externalities may cause markets to be either underproduced or overproduced, depending on whether the external cost or benefit is positive or negative. A negative externality results in an overproduction of the goods, whereas a positive externality results in an underproduction of the goods.
Therefore, in the presence of externalities, market outcomes may be inconsistent with ideal economic efficiency. The other options are incorrect because: Suppliers will not refuse to produce desirable goods and services even in the presence of externalities. Therefore, option A is incorrect. Property rights may not be well-defined and enforced in the presence of externalities. Therefore, option B is incorrect. Competitive markets may not achieve ideal economic efficiency in the presence of externalities. Therefore, option D is incorrect.
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