Evan is willing to pay $10 for the wall calendar.
Consumer surplus is the difference between what a consumer is willing to pay for a good and the price they actually pay. In this case, Evan was willing to pay $10 for the wall calendar but only paid $9, resulting in a consumer surplus of $1.
To explain further, when consumers purchase goods, they must decide whether the benefit they will receive from the good is greater than the cost of the good. This difference is called the consumer surplus. In this case, the cost of the wall calendar was $9 and Evan's consumer surplus was $1. This means t
To know more about Consumer surplus click on below link:
https://brainly.com/question/30873525#
#SPJ11
all of the following are problems with the agency relationship except select one: a. principals and agents may have divergent goals b. agents cannot act as decision makers c. shareholders lack direct control of large publicly traded companies d. it is difficult for the principal to verify that the agent has behaved appropriately
Answer:
Explanation:
Durante as aulas, os estudantes da 3ª série deveriam escolher uma entre as três atividades físicas possíveis, sendo elas: natação, futsal e dança. Na turma, 25% escolheram dança, 15% escolheram natação, e os outros 24 estudantes escolheram futsal. Podemos afirmar que, nessa turma, existe um total de:
A) 64 alunos
B) 55 alunos
C) 48 alunos
D) 45 alunos
E) 40 alunos
when the price of cheese rises from $2 to $3 a pound, quantity demanded of salsa rises from 2 to 4 bottles a month. what is the cross price elasticity?
When the price of cheese rises from $2 to $3 a pound, quantity demanded of salsa rises from 2 to 4 bottles a month, the cross-price elasticity is 2.
Cross price elasticity of demand is defined as the measure of the responsiveness of demand for a particular commodity due to a change in the price of some other related commodity while assuming that other factors, except the price of the commodity, remain constant.
The formula for cross-price elasticity of demand is:
Cross-Price Elasticity of Demand = % Change in Quantity of Good X / % Change in Price of Good Y
Given: Price of cheese rises from $2 to $3 a pound and Quantity demanded of salsa rises from 2 to 4 bottles a month.
Price of cheese rises from $2 to $3 a pound
% change in price of cheese = [(3 - 2) / 2] x 100% = 50%
Quantity demanded of salsa rises from 2 to 4 bottles a month
% change in quantity of salsa = [(4 - 2) / 2] x 100% = 100%
Therefore, the cross-price elasticity of demand for salsa concerning cheese is:
Cross-Price Elasticity of Demand = % Change in Quantity of Salsa / % Change in Price of Cheese = 100% / 50% = 2.
Therefore, the cross-price elasticity is 2.
Learn more about Cross-price elasticity:
https://brainly.com/question/15308590
#SPJ11
a change in reporting relationships within an organization is an example of change in the area of .
A change in reporting relationships within an organization is an example of change in the area of organizational structure.The system or framework that outlines how activities are controlled, coordinated, and arranged within an organization is known as organizational structure. It specifies how roles, power, and responsibilities are assigned and controlled, as well as how data and information flow between different levels of management.
Organizational structure may be divided into the following components:1. Hierarchy of authority2. Formalization3. Standardization4. Specialization5. Centralization6. Span of control7. Complexity8. Mechanistic versus Organic Structure9. Culture in the Organization10. Power and Politics in the Organization.
Organizational structure plays a significant role in the success or failure of a company. The reason for this is that it defines how activities are coordinated, monitored, and arranged within the company. It specifies how decisions are made, which operations are delegated, how roles are defined, and how accountability is established within the company.
As a result, organizational structure has a direct impact on how effectively an organization performs its core activities, as well as on its capacity to respond quickly and efficiently to changes and new opportunities.
to know more about organizational structure refer here
https://brainly.com/question/23967568#
#SPJ11
suppose that in a competitive market the equilibrium price is $2.50. what is marginal revenue for the last unit sold by the typical firm in this market?
In a competitive market, if the equilibrium price is $2.50, then marginal revenue for the last unit sold by the typical firm in this market will also be $2.50.
A competitive market refers to a situation where the price and the number of units of a product that businesses are willing and able to sell is determined by the intersection of the supply curves and demand curves. In this market, no single buyer or seller can significantly influence the market price.
Marginal revenue (MR) refers to the extra revenue that a business earns by selling one additional unit of a product. In a competitive market, marginal revenue is equal to the market price. This is because, in this market, the seller has no influence on the price, and therefore, the price is predetermined by the market forces of supply and demand.
The formula for marginal revenue can be represented as follows:
MR = ΔTR / ΔQ
Where: MR = Marginal revenue, ΔTR = Change in total revenue, and ΔQ = Change in quantity sold.
Learn more about Competitive market:
https://brainly.com/question/28267513
#SPJ11
discuss the process of further defining project scope, going from information in a project charter to preliminary scope statement, project scope statement, wbs etc.
The process of further defining project scope include reviewing the project charter, developing a preliminary scope statement and project scope statement, creating a WBS, validating the scope, and controlling the scope.
The process of further defining project scope involves going from the information in a project charter to a preliminary scope statement, project scope statement, WBS, etc. The following steps are involved in the process of further defining project scope:
1. Review the project charter: Reviewing the project charter will provide more information about the project's scope, objectives, and deliverables.
2. Create a preliminary scope statement: This statement will define the project's objectives and deliverables. The preliminary scope statement is the starting point for developing the project scope statement.
3. Develop a project scope statement: The project scope statement is a more detailed version of the preliminary scope statement. It should include the project's goals, objectives, deliverables, constraints, and assumptions.
4. Create a WBS: The Work Breakdown Structure (WBS) is a visual representation of the project's scope. It identifies all of the work required to complete the project.
5. Validate the scope: It is essential to validate the project's scope with stakeholders to ensure that the project is on track and meets the stakeholders' expectations.
6. Control the scope: Scope control is essential for keeping the project on track. It involves monitoring the project's scope and making adjustments when necessary to ensure that the project is completed within the agreed-upon scope.
Learn more about Project scope:
https://brainly.com/question/14332567
#SPJ11
A currency board can issue additional domestic notes and coins only when there are foreign exchange reserves to back it. True or False.
The statement "A currency board can issue additional domestic notes and coins only when there are foreign exchange reserves to back it." is true.
A currency board maintains a fixed exchange rate with a foreign currency, ensuring the domestic currency's stability. To achieve this, the board holds foreign exchange reserves as collateral. When there is an increase in foreign exchange reserves, the currency board can issue more domestic notes and coins.
Conversely, if the reserves decrease, the board must reduce the domestic money supply. This system prevents inflation, maintains confidence in the currency, and fosters economic stability.
To know more about exchange rate click on below link:
https://brainly.com/question/29562028#
#SPJ11
what unit value should royal decking use for each of its products when applying the lower of cost or market (lcm) rule to units of ending inventory?
The unit value for each product under the lower of cost or market (LCM) rule for units of ending inventory should be as follows:
Product A: $43
Product B: $78
Product C: $48
Product D: $78
Product E: $28
To apply the lower of cost or market (LCM) rule to units of ending inventory, we compare the original cost and replacement cost for each product and choose the lower value as the unit value for inventory. We will calculate the lower cost or market value for each product as follows:
1. Product A:
Lower of Cost or Market = Minimum(Per Unit Product Cost, Replacement Cost)
Lower of Cost or Market = Minimum($48, $43) = $43 (Replacement cost is lower)
2. Product B:
Lower of Cost or Market = Minimum(Per Unit Product Cost, Replacement Cost)
Lower of Cost or Market = Minimum($88, $78) = $78 (Replacement cost is lower)
3. Product C:
Lower of Cost or Market = Minimum(Per Unit Product Cost, Replacement Cost)
Lower of Cost or Market = Minimum($48, $63) = $48 (Cost is lower)
4. Product D:
Lower of Cost or Market = Minimum(Per Unit Product Cost, Replacement Cost)
Lower of Cost or Market = Minimum($108, $78) = $78 (Replacement cost is lower)
5. Product E:
Lower of Cost or Market = Minimum(Per Unit Product Cost, Replacement Cost)
Lower of Cost or Market = Minimum($28, $36) = $28 (Cost is lower)
Learn more about ending inventory here:
https://brainly.com/question/30270658
#SPJ12
Probably the full question is:
The inventory of Royal Decking consisted of five products. Information about the December 31, 2018, inventory is as follows: Per Unit Product Cost Replacement Cost Selling Price A $ 48 $ 43 $ 68 B 88 78 108 C 48 63 88 D 108 78 138 E 28 36 38 Selling costs consist of a sales commission equal to 10% of selling price and shipping costs equal to 5% of cost. The normal gross profit percentage is 40% of selling price. Required: What unit value should Royal Decking use for each of its products when applying the lower of cost or market (LCM) rule to units of ending inventory? (Do not round intermediate calculations. Round final answers to 2 decimal places.)
each stage in a supply chain is connected through the flow of products, information, and funds. these flows often occur in both directions and are usually managed by
The flow of products, information, and funds in a supply chain is managed by supply chain managers.
Supply chain managers are responsible for overseeing the entire supply chain process, from sourcing the materials used to create a product, to the product being delivered to the end customer. They coordinate and manage the flow of goods and services, in both directions, to ensure the customer receives the product in a timely manner and in the condition expected.
They also track costs and optimize the supply chain to ensure that costs are kept as low as possible. They must also ensure compliance with government regulations and industry standards.
Supply chain managers use a range of tools, such as data analytics and supply chain modeling, to optimize the supply chain and reduce costs. They also ensure that communication and collaboration within the supply chain is efficient and effective, and that suppliers and customers are provided with reliable information and services.
Additionally, they work with logistics providers to ensure the safe and secure delivery of goods and services. Supply chain managers play a crucial role in ensuring the efficient and cost-effective flow of goods and services throughout the entire supply chain.
To know more about Supply chain, refer here:
https://brainly.com/question/30086410#
#SPJ11
given that farming is a seasonal profession where farmers borrow money and pay it back after crops are harvested, predict what likely happened to farmers between 1929 to 1932. explain your reasoning.
The likely prediction for what will happen to farmers between 1929 and 1932 is that they will be unable to pay off their loans and so might see their lands repossessed.
What happened to farmers in the Great Depression ?Between 1929 and 1932, the United States was in the midst of the Great Depression, which had a significant impact on the farming industry. During this time period, it is likely that many farmers experienced financial difficulties due to a combination of factors.
It is likely that many farmers were unable to pay back the loans they had taken out to finance their operations. This would have created a cycle of debt and financial hardship for many farmers, as they were unable to generate enough income from their crops to pay back their loans and cover their other expenses.
Find out more on farmers at https://brainly.com/question/6975419
#SPJ1
the point in the manufacturing process at which joint products can be recognized as separate products is called the
The point in the manufacturing process at which joint products can be recognized as separate products is called the split-off point.
What are manufacturing processes?
A manufacturing process is a series of steps involved in the production of goods. These procedures are designed to transform a set of raw materials into a final product that meets a customer's specifications.
Manufacturing is the process of converting raw materials into finished products using a variety of methods and tools. The manufacturing process begins with the purchase of raw materials and concludes with the delivery of the finished goods.
The process of manufacturing can be classified into three stages: Pre-Production, Production, and Post-Production.
What is a split-off point?
A split-off point is the point in the manufacturing process at which joint products can be recognized as separate products. At the split-off point, the joint products are divided and can be processed into their respective finished products.
The split-off point is the point at which a joint production process can distinguish between two or more products. At the split-off point, two or more products may be separated and processed independently.
The separation of joint products takes place at the split-off point, and each item is then processed to form a separate and distinct finished product.
To learn more about manufacturing processes, refer below:
https://brainly.com/question/28384697
#SPJ11
After need recognition, a business develops __________ that suppliers might use to develop their proposals.
derived demand
initiator instructions
determinant attributes
product specifications
focal alternatives
After need recognition, a business develops product specifications that suppliers might use to develop their proposals. Option c is correct.
Need recognition is the first stage of the consumer decision-making process, and it refers to the moment when the customer realizes they have an issue and need a product or service to fix it. This typically leads to a search for further information, which aids the consumer in deciding which product to purchase.
Many marketers see the need recognition as a golden opportunity to reach out to customers and persuade them that their goods are the ideal solution.
Once a need has been identified, a business would work to develop product specifications. This would be done to determine exactly what the customer requires from a product, as well as the characteristics that will be necessary to meet their needs. These specifications are typically used by suppliers to develop proposals. Because the product must be designed to fulfill the customer's specific needs, the supplier must adhere to the specifications provided by the business if they are to be successful. This is why suppliers often work closely with businesses to ensure that they get it right. Option c is correct.
Learn more about Need Recognition: https://brainly.com/question/30515724
#SPJ11
a check endorsement that transfers ownership to anyone that has possession of the check is called a:
A check endorsement that transfers ownership to anyone that has possession of the check is called a blank endorsement.
What is a blank endorsement?
A blank endorsement is when the name of the recipient, or payee, of a payment is not mentioned or simply signed by the issuer. A blank endorsement is just the payee's signature on the reverse side of the check. The signature on a check's back is the only requirement for a blank endorsement, with no other words or information included.
A check that has been endorsed in blank by the payee can be cashed or deposited by any individual or organization in possession of the check. A blank endorsement is not a secure method of payment transfer, as it means that anyone in possession of the check can cash or deposit it.
A blank endorsement, on the other hand, is frequently employed by businesses or government agencies to speed up payment processing times.
To know more about check endorsement, click on the link below:
https://brainly.com/question/13582639#
#SPJ11
which of the following is a reason(s) that keeps managers from selfishly diversifying the firm for higher compensation? a. concerns for their reputation and strong managerial talent market b. concerns for their reputation and weak managerial talent market c. fear that the firm would lose value d. to avoid the responsibility of a more highly complex firm
The correct answer for managers are kept from selfishly diversifying the firm for higher compensation is mainly because of concerns for their reputation and strong managerial talent market.
What is Managerial Talent?
Managerial talent refers to the set of skills that allows people to organize resources and bring out the best in employees to achieve common objectives. It involves a range of activities, including setting goals, delegating tasks, allocating resources, and monitoring performance.
Managerial talent is crucial to a company's success because it allows organizations to streamline their activities, improve efficiency, and deliver better results.
Compensation is the payment given to employees in exchange for their services. There are several forms of compensation, including salaries, wages, benefits, and bonuses. Compensation packages are designed to attract, retain, and motivate employees, as well s to align their interests with those of the company.
The reason that keeps managers from selfishly diversifying the firm for higher compensation is concerns for their reputation and strong managerial talent market.
Managerial talent is scarce and in high demand, making it difficult for firms to attract and retain top talent. Companies that are perceived as overly focused on short-term gains or that fail to provide opportunities for growth and development are likely to face challenges in attracting and retaining top talent.
As a result, managers are often motivated by concerns for their reputation to avoid actions that may harm the firm's long-term prospects or that are inconsistent with its values.
For more information about managerial talent refer here :
https://brainly.com/question/29564277?
#SPJ11
FILL IN THE BLANK. Springfield Co., based in the U.S., has a cost from orders of foreign material that exceeds its foreign revenue. All foreign transactions are denominated in the foreign currency of concern. This firm would _______ a stronger dollar and would _______ a weaker dollar.
Springfield Co., based in the U.S., has a cost from orders of material that exceeds its foreign Revenue. All foreign transactions are denominated in the foreign currency of concern. This firm would suffer from a stronger dollar and would benefit from a weaker dollar.
A stronger dollar means that the U.S. currency is worth more than other currencies. When the dollar is strong, foreign goods and services become less expensive for American consumers. This will cause Springfield Co. to pay less for foreign material orders, which will increase the firm's foreign revenue.
The company will benefit from a stronger dollar. What is a Weaker Dollar?When the U.S. currency is worth less than other currencies, it is known as a weaker dollar.
This will cause foreign goods and services to become more expensive for American consumers. As a result, Springfield Co.
To learn more about, Revenue.
https://brainly.com/question/16232387
#SPJ11
explain the contract bar doctrine. how would it influence the negotiation of the first labor agreement.
The Contract Bar Doctrine is a legal principle that restricts employees from collectively bargaining over terms and conditions of employment for a specified period of time.
The Contract Bar Doctrine would influence the negotiation of the first labor agreement by creating a fixed timeline in which negotiations can take place. This timeline would be set by the initial CBA and would limit when both parties could reopen negotiations for a new CBA.
The duration of the initial CBA will depend on the terms set in the agreement. Furthermore, this timeline would create stability in the labor relationship, as both parties would be aware of when a CBA would expire and be able to plan ahead accordingly.
The Contract Bar Doctrine also encourages an efficient process of negotiations. By limiting the timeline of when negotiations can take place, it increases the incentive for both parties to come to an agreement more quickly, rather than waiting until the expiration of the CBA.
This ensures that both parties are actively negotiating during the fixed timeline and not just waiting until the last moment to come to an agreement.
In conclusion, the Contract Bar Doctrine is a legal principle that restricts employees from bargaining collectively over terms and conditions of employment for a specified period of time. It would influence the negotiation of the first labor agreement by creating a fixed timeline in which negotiations can take place and would also encourage an efficient process of negotiations.
To learn more about bargaining here:
https://brainly.com/question/30887221#
#SPJ11
rachel johnson has net monthly income of $2,500. she has a monthly auto loan payment of $275, a student loan payment of $150, and a credit card minimum payment of $50. what is her debt-payments-to-income ratio?
Rachel Johnson's debt-payments-to-income ratio is 19%. The total amount of debt payments is $475.
Rachel Johnson's debt-payments-to-income ratio can be calculated as follows: Firstly, calculate the total amount of debt payments that Rachel Johnson makes each month. This includes her monthly auto loan payment of $275, student loan payment of $150, and a credit card minimum payment of $50.The total amount of debt payments is $275 + $150 + $50 = $475.
Secondly, divide the total amount of debt payments by Rachel Johnson's net monthly income. The result of this division will give her debt-payments-to-income ratio. The debt-payments-to-income ratio for Rachel Johnson can be calculated as: Debt-payments-to-income ratio = Total amount of debt payments / Net monthly income= $475 / $2,500= 0.19 or 19%. Therefore, Rachel Johnson's debt-payments-to-income ratio is 19%.
For more about income ratio:
https://brainly.com/question/30713650
#SPJ11
investment professionals who take companies public, arrange mergers and acquisitions, and participate in municipal bond issues are:
Investment professionals who take companies public, arrange mergers and acquisitions, and participate in municipal bond issues are investment bankers.
Investment bankers are financial specialists who provide strategic advice to companies and individuals regarding a variety of financial transactions, such as initial public offerings (IPOs), mergers and acquisitions, and municipal bond issues.
They also provide services such as issuing debt, facilitating loan transactions, and arranging for investments in stocks and other securities. Investment bankers perform due diligence to ensure that transactions are conducted in an ethical manner and in accordance with applicable laws and regulations.
They assess the risks associated with transactions and advise their clients on how to minimize risks and maximize profits. They also develop financial models and provide valuation services to clients.
Finally, investment bankers help their clients raise capital through securities offerings, private placements, and other methods.
To know more about Investment click on below link:
https://brainly.com/question/15105766#
#SPJ11
mr. finn, an agent with devoted health, is giving a sales presentation and wants to provide some food for his guests. what can mr. finn provide?
If Mr. Finn, an agent with Devoted Health, is giving a sales presentation and wants to provide some food for his guests, he can provide light snacks.
Light snacks would be permitted, but the neighbors may not provide a meal. Mr. Finn can provide foods like chips, nuts, fruits, crackers, pretzels, or vegetables with dip. It's an excellent idea to keep the snack simple so that guests can serve themselves with ease.
Also, Mr. Finn can provide drinks such as water, tea, or juice. These drinks are more than enough for a light refreshment during a sales presentation.
Mr. Finn's primary aim should be to make his clients feel comfortable and at ease during his sales presentation. A small snack and drink would help accomplish this, as well as make them feel appreciated.
Learn more about Devoted Health at https://brainly.com/question/28064824
#SPJ11
Seasonal fruits and vegetables are shipped from Chile and sold in the United States along with domestically grown produce.a. Trueb. False
It is true that the seasonal fruits and vegetables are shipped from Chile and sold in the United States along with domestically grown produce.
Seasonal fruits and vegetables are shipped from Chile and sold in the United States along with domestically grown produce is a true statement.
Chile is one of the top exporters of fresh produce such as fruits and vegetables to the United States.
Chile has an agricultural season that differs from that of the United States, which means that they can supply seasonal produce all year round.
In fact, they are the top exporters of fruits like grapes, cherries, and blueberries to the United States.
Chile is able to provide these fruits when the domestic market is unable to do so.
This allows the United States to have access to these fruits throughout the year.
To learn more about economic growth, visit this link:
https://brainly.com/question/1690575
#SPJ11
you work for a company that provides technical support for customers. one customer calls, wanting to know how to adjust their monitor so that they can have the sharpest and most detailed images, words, and icons. which setting should the customer adjust to best provide sharper and more detailed images?
To get sharper and more detailed images on a monitor, the customer should adjust the monitor's resolution.
The resolution refers to the number of pixels on the screen, which determines the level of detail and sharpness in the images, words, and icons displayed.
To adjust the resolution, the customer can follow these steps:
Right-click on the desktop and select "Display settings" or "Screen resolution" from the context menu.
In the Display settings window, select the "Resolution" drop-down menu.
Choose the highest available resolution, which will provide the sharpest and most detailed images.
It is important to note that choosing a higher resolution may make the images and icons on the screen smaller, so the customer may need to adjust the scaling or zoom level of their display to compensate for this.
To know more about resolution, visit: brainly.com/question/30753488
#SPJ4
suppose you could produce one more (the fifth) widget at a marginal cost of $5. if you do produce that fifth widget, what will your average total cost be? has your average total cost increased or decreased? why?
The average cost increases as the value of the 5th widget are much more than the average. The extra $10 ( 20-10) uniformly increases by $2 for every widget.
Marginal cost = 40+20 = $60
Average cost for 5 items = 60/5 = $12
Marginal cost is the cost of producing one additional unit of a good or service. In other words, it is the increase in total cost that results from producing one more unit of output. Marginal cost is calculated by dividing the change in total cost by the change in quantity produced.
Marginal cost is an important concept in economics because it helps businesses make decisions about how much to produce. If the marginal cost of producing an additional unit is lower than the price the business can sell it for, it is profitable to produce more. However, if the marginal cost is higher than the price, it is not profitable to produce more and the business may choose to reduce production.
To learn more about Marginal cost visit here:
brainly.com/question/7781429
#SPJ4
Complete Question:
Suppose instead that you could produce one more (the fifth) widget at a marginal cost of $20. If you do produce that fifth widget, what will your average total cost be? Has your average total cost increased or decreased? Why?
Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred.
Sept. 6 Purchased calculators from Dragoo Co. at a total cost of $1,740, terms n/30.
9 Paid freight of $40 on calculators purchased from Dragoo Co.
10 Returned calculators to Dragoo Co. for $56 credit because they did not meet specifications.
12 Sold calculators costing $450 for $650 to Fryer Book Store, terms n/30.
14 Granted credit of $45 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $34.
20 Sold calculators costing $560 for $730 to Heasley Card Shop, terms n/30.
On September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred is initial inventory plus $748.
A perpetual inventory system is a way of keeping track of inventory levels constantly. Businesses that use the perpetual inventory system record all sales and purchases of inventory in real-time. Companies that use this system typically have a point-of-sale system that records inventory levels at the time of purchase or sale.In a perpetual inventory system, inventory records are updated in real-time as transactions occur. This ensures that businesses have a constant understanding of their inventory levels.Learn more about inventory: https://brainly.com/question/24868116
#SPJ11
what is the expected percent return and standard deviation for a person who constructs a portfolio by investing $420 in stock 1 and $180 in stock 2? (round your answer for standard deviation to two decimal places.)
The expected percent return of the portfolio is 8.4%, and the standard deviation is 13.42%.
To answer this question, we need to know the expected percent returns and standard deviations of stock 1 and stock 2, as well as the correlation between the two stocks. Let's assume that we have this information:
Stock 1 has an expected return of 8% and a standard deviation of 12%Stock 2 has an expected return of 12% and a standard deviation of 18%The correlation between the two stocks is 0.6To calculate the expected percent return and standard deviation of the portfolio, we can use the following formulas:
Expected percent return of portfolio = w1 × r1 + w2 × r2
Standard deviation of portfolio = sqrt(w1^2 × s1^2 + w2^2 × s2^2 + 2 × w1 × w2 × s1 × s2 × p)
Where:
w1 and w2 are the weights of stock 1 and stock 2 in the portfolio, respectively (in this case, w1 = 0.7 and w2 = 0.3)r1 and r2 are the expected percent returns of stock 1 and stock 2, respectivelys1 and s2 are the standard deviations of stock 1 and stock 2, respectivelyp is the correlation between the two stocksPlugging in the numbers, we get:
Expected percent return of portfolio = 0.7 × 8% + 0.3 × 12% = 8.4%
Standard deviation of portfolio = sqrt((0.7^2 × 12%^2) + (0.3^2 × 18%^2) + (2 × 0.7 × 0.3 × 12% × 18% × 0.6)) = 13.42%
Learn more about standard deviation: https://brainly.com/question/475676
#SPJ11
the primary question the entrepreneur is trying to answer with market research regarding their idea is what?
The primary question an entrepreneur is trying to answer with market research regarding their idea is what is the demand for the product or service?
Economic Questions: What, How, For Whom?In order to meet the needs of its people, every society must answer three basic economic questions:
What should we produce?How should we produce it?For whom should we produce it?A society (or country) might decide to produce candy or cars, computers or combat boots. The goods might be produced by unskilled workers in privately owned factories or by technical experts in government-funded laboratories.
Once they are made, the goods might be given out for free to the poor or sold at high prices that only the rich can afford. The possibilities are endless.
Although every society answers the three basic economic questions differently, in doing so, each confronts the same fundamental problems: resource allocation and scarcity.
Learn more about economic question at https://brainly.com/question/28321604
#SPJ11
contractionary fiscal policy is an appropriate response to rising inflation when an economy is producing above potential gdp, because .
Contractionary fiscal policy is an appropriate response to rising inflation when an economy is producing above potential GDP because it will reduce the demand for goods and services within the economy.
What is contractionary fiscal policy?
Contractionary fiscal policy is a fiscal policy that is implemented to reduce inflationary pressures in the economy by decreasing government spending or raising taxes. Contractionary fiscal policy may be appropriate when an economy is overheating or when the economy is experiencing high levels of inflation.
The objective of contractionary fiscal policy is to decrease the demand for goods and services within the economy, which can help to reduce inflation.
What is potential GDP?
Potential GDP refers to the level of GDP that an economy can produce without experiencing inflationary pressures. Potential GDP is the maximum amount of goods and services that an economy can produce without putting undue pressure on the economy's resources.
When the economy is producing above potential GDP, it is operating at a level where inflationary pressures are likely to arise. As a result, it may be necessary to implement contractionary fiscal policy to reduce demand within the economy and control inflation.
To know more about fiscal policy refer to:
https://brainly.com/question/29790045
#SPJ11
Under the RUPA, a dissociation takes place whenever a partner is no longer associated with the running of the firm. TRUE/FALSE 17
Under the RUPA (Revised Uniform Partnership Act), a dissociation takes place whenever a partner is no longer associated with the running of the firm. The given statement is true.
What is dissociation?Dissociation is the term used in partnership law to describe the severance of ties between a partner and a partnership. A dissociation happens when a partner's connection with the partnership comes to an end, either voluntarily or involuntarily, according to the RUPA.
A dissociation can be caused by a variety of factors, including death, expulsion, resignation, bankruptcy, or retirement. Dissociation and partnership The dissociated partner is no longer involved in the partnership's management and business affairs once dissociation has occurred.
The dissociated partner, on the other hand, continues to be responsible for the company's debts incurred before the dissociation. A dissociation can cause significant disruptions to the partnership's financial stability and operations, depending on the terms of the partnership agreement and the reason for the dissociation.
In conclusion, Under the RUPA, a dissociation takes place whenever a partner is no longer associated with the running of the firm. This statement is true.
To know more about Revised Uniform Partnership Act refer here
https://brainly.com/question/18849672#
#SPJ11
which of the following best characterizes the statement? the statement demonstrates that association proves causation. the statement ignores the secondary effects of government policies. the statement violates the ceteris paribus condition. the statement contains the fallacy of composition.
The statement demonstrates that association proves causation, which is a logical fallacy. This fallacy assumes that because two events or phenomena are observed to occur together, one event is the cause of the other.
However, this is not necessarily true and does not take into account any secondary effects. This statement also violates the ceteris paribus condition which states that all other factors must remain equal for an effect to be attributed to any one variable. Furthermore, this statement also contains the fallacy of composition which states that what is true of the parts, is also true of the whole.
This is not always true and can lead to false conclusions. In summary, the statement demonstrates that association proves causation, ignores secondary effects, violates the ceteris paribus condition, and contains the fallacy of composition.
Know more about demonstrates here
https://brainly.com/question/15070998#
#SPJ11
The US economy depends heavily on the retail sector because of all of the following EXCEPT:-the US retail industry significantly increases the gross domestic product (GDP)-retailing adds over a trillion dollars in value added to the economy-retail sales do not add to the nominal GDP-retailing accounts for a large percThe US economy depends heavily on the retail sector because of all of the following EXCEPT:-the US retail industry significantly increases the gross domestic product (GDP)-retailing adds over a trillion dollars in value added to the economy-retail sales do not add to the nominal GDP-retailing accounts for a large percent of total non-farm workers in the economyretail sales do not add to the nominal GDP_______ is an emerging retailing strategy that employs market data to best serve customers as they prepare to make a purchase. It focuses on understanding how a brand's target customers behave as shoppers.Shopper marketingSport Time Inc., a multinational retail corporation, uses a device that sends customers a marketing message via email or text when they are near a store. This is an example of:a beaconTuesday Morning offers close-outs of well-known brands and other discounted products such as jams and chocolate. The successful retailing model that Tuesday Morning uses is based on providing high-quality products and excellent customer service to attract customers to the store but never replenishing specific inventory items. This strategy does all of the following EXCEPT:-allow for a very lean operation-allow for a very costly operation-create an aura of exclusivity around each item-draw customers back to the store to look for new productsallow for a very costly operation
Regarding the US economy's reliance on the retail industry, the statement Retail sales do not increase nominal GDP is untrue.
What role does the retail sector play in the economy?Retail sales are an important economic indicator since consumer spending accounts for a major amount of our economy. Think about all the individuals and organisations involved in the production, promotion, and retail of the goods you consume on a daily basis, such as food, clothing, petrol, and so forth.
What is an instance of the retail industry?Customers' purchases are the main emphasis of retail enterprises. Retailers offer a variety of goods such as clothing, jewellery, home goods, small appliances, electronics, pharmaceuticals, as well as a number of services like tool and equipment rentals.
To know more about GDP visit:-
https://brainly.com/question/30111703
#SPJ1
pertain to fairness, equity, and impartiality in decision making group of answer choices utilitarian values equal rights values moral rights values justice values
"Justice values pertain to fairness, equity, and impartiality in decision making." Option D is the correct answer.
Justice values are fundamental principles that relate to the concept of fairness, equity, and impartiality in decision-making processes. Fairness requires that all individuals be treated equally, without discrimination or favoritism, while equity demands that resources be allocated based on needs and circumstances, not just equally. Impartiality, on the other hand, calls for decisions to be made without bias or prejudice towards any particular group or individual.
Together, these justice values help to ensure that individuals and groups are treated fairly and that decisions are made based on objective criteria rather than subjective opinions or preferences. Ultimately, upholding justice values promotes a more just and equitable society for all.
This question should be provided as:
________ pertain to fairness, equity, and impartiality in decision making.Learn more about social justice https://brainly.com/question/15835405
#SPJ11
a haberdashery conducts an exhaustive analysis and calculates their profit function as 4x2 3x - 57. what is their fixed cost?
The fixed cost of the haberdashery is 57 as per the profit function: 4x²+3x-57. This means that the fixed cost is equal to 57 when x is equal to 0.
What is fixed cost?The fixed cost is the cost that doesn't change with the increase or decrease in the level of output. In a firm's profit function, the fixed cost is represented by the constant value or y-intercept of the quadratic function.
The given quadratic function is 4x²+3x-57. The fixed cost of a haberdashery can be found by analyzing the given quadratic function. In order to determine the fixed cost, it is important to know what a fixed cost is. To calculate the fixed cost, substitute 0 for x in the given function.
The given quadratic function is 4x²+3x-57, therefore:
For, x = 0
y = 4(0)²+3(0)-57
y = -57
Therefore, the fixed cost of the haberdashery is 57.
Learn more about Fixed costs here:
https://brainly.com/question/30011394
#SPJ11