Prices for internet movies are increasing, as demonstrated in this graph. As you can see in the graph, the prices have grown, which is marked by t, and the initial price is given by s, therefore the shift in price reflects the difference between the two, which is depicted by line s1.
Ans-2 The correct answer is OPTION 1 ($31).
Reason: Consumer surplus = maximum willing to spend minus actual market price
So, $90-$59 =$31
The verb provide refers to the act of providing something. Supply, as a noun, refers to a stockpile or quantity of anything. Supply can also be used as a verb or a noun in various different contexts. Supply, as a verb, meaning to give something.In microeconomics, supply and demand is an economic model of market price determination. It is assumed that, all else being equal, the unit price for a specific good or other traded item, such as labor or liquid financial assets, will fluctuate in a competitive market until it starts to settle at a point in which the quantity demanded (at the current price) equals the amount supplied (at the current price), resulting in an equilibrium for price and quantity transacted. It is the theoretical pillar around which modern economics is built.This is the definition of supply.
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What is the primary measure that creditors use determine whether to give you credit, decide the terms you are offered, and the interest rate you will pay for a loan?.
The credit score can be defined as the primary measure that creditors use determine whether to give you credit, decide the terms you are offered, and the interest rate you will pay for a loan.
What is a credit score?The term credit score has to tell us that a person is doing either well or poorly based on the credit that they receive in the United States.
The credit score helps to tell us if a person is able to get the loan that they receive paid on time or if they are defaulters or the credits that they receive.
If it is law, such a person would have issues when they apply for new loan in the economy. But in a case that the score is high, they would still be able to apply for loans and be granted the loans.
Hence we can say that The credit score can be defined as the primary measure that creditors use determine whether to give you credit, decide the terms you are offered, and the interest rate you will pay for a loan.
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How much would $20,000 due in 50 years be worth today if the discount rate were 7. 5%?.
Answer: 6y7y7im
Explanation:
kangaroo autos is offering free credit on a new $14,000 car. you pay $1,400 down and then $420 a month for the next 30 months. turtle motors next door does not offer free credit but will give you $1,080 off the list price.
To know which company offers best deal we need to find the present value of the asset by considering down payment to be paid with the interest rate (0.75%). After calculations we find Present Value of Kangaroo autos is 12,780 & Present value of Turtle Motors is 12,920.
a. Present Value of Kangaroo autos:
PV = down payment + C x ((1/r)-(1/(r(1+r)^t))
PV = 1,400 + 420x ((1/0.0067(1+0.0067)^30))
PV = $12,780
Present value of car at Turtle Motors:
PV = price of car − discount
PV = $14,000 − 1,080
PV = $12,920
b. Turtle Motors offers the best deal because it has the lower present value of costs.
Given a certain rate of return, present value (PV) is the current value of a future financial asset or stream of cash flows. A discount rate or the interest rate that could be obtained through investment is applied to the future value to get the present value. The difference between present value and future value is that the former shows you how much money you'd need in today's dollars to earn a certain amount in the future.
The idea of present value holds that money today is worth more than it will be in the future. In other words, money received in the future is not as valuable as money obtained today in the same amount.
Your Question is Incomplete. Kindly find the full content below:
a. If the rate of interest is 0.75% a month, calculate the present value of the payments to Kangaroo Autos. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
b. Which company is offering the better deal?
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Price changes from year to year are not proportional, and consumers respond to these changes by altering their spending patterns. the problem this creates for inflation calculations is called:_________
Price changes from year to year are not proportional, and consumers respond to these changes by altering their spending patterns. the problem this creates for inflation calculations is called substitution bias. Substitution bias occurs when consumers alter their purchase behaviour in reaction to price changes.
According to economic theory, an increase in the price of a good causes buyers to reduce their purchases of that good and instead purchase a substitute with a lower price. One aspect of the bias is referred to as "substitution bias." The substitution bias is a flaw in the Consumer Price Index that causes it to overstate inflation since it does not account for the replacement effect.
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who has an absolute advantage in coffee production? who has an absolute advantage in nut production?
The country called "Brazil" is the one that has an absolute advantage in coffee production because of its location that is near the equator, climate, and local expertise.
What is an absolute advantage?It refers to the economic concept that is used to refer to a party's superior production capability. That is, it refers to the ability to produce a certain good or service at lower cost (efficiently) than another party.
Hence, due to the favorable factors, Brazil is able to efficiently produce coffee beans; thereby, making it the largest producer of coffee in the world.
Therefore, he country called "Brazil" is the one that has an absolute advantage in coffee production
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The _____ perspective suggests that appropriate managerial behavior in a given situation depends on unique elements in that situation.
The contingency perspective suggests that appropriate managerial behavior in a given situation depends on unique elements in that situation.
There is no ideal method to run a business, structure a team, or make choices, according to the contingency theory of organizational behavior. Instead, the best course of action depends on the circumstances both inside and outside the body. Contingent leaders are adaptable in their choice of and adaptation of concise methods to fit change in situation at a specific point in the operation of the company.
Two previous research projects that sought to identify the characteristics of good leadership behavior impacted our contingency approach to leadership. In the 1950s, Ohio State University researchers conducted in-depth surveys measuring a range of potential leader behaviors in diverse organizational environments.
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If you wanted to pruchase ownership interests in diversified portfolisos of investments which type of finacncial prodcut provider should you contact a mutual fund?
If you wanted to purchase ownership interests in diversified portfolios of investments which type of financial product provider should you contact a mutual fund.
In order to invest in securities such as stocks, bonds, money market instruments, and other assets, mutual funds aggregate the funds from shareholders. Professional money managers run mutual funds, allocating the assets and attempting to generate capital gains or income for the fund's investors. The portfolio of a mutual fund is set up and kept up to date in accordance with the specified investment goals in the prospectus. Small or individual investors have access to professionally managed portfolios of stocks, bonds, and other securities through mutual funds. As a result, each shareholder shares proportionately in the fund's profits or losses.
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Adapting to a new culture involves overcoming obstacles and setbacks. Some people even experience a culture shock after spending some time in a different culture. A person who doesn’t believe herself capable of understanding people from unfamiliar cultures will often give up after experiencing obstacles or setbacks. By contrast, a person with high ____________ is driven to learn more about different cultures despite obstacles and setbacks.
Adapting to a new culture involves overcoming obstacles and setbacks. Some people even experience a culture shock after spending some time in a different culture. A person who doesn’t believe herself capable of understanding people from unfamiliar cultures will often give up after experiencing obstacles or setbacks. By contrast, a person with high culture shock is driven to learn more about different cultures despite obstacles and setbacks.
Cultural modification of a personal, group, or people by adapting to or borrowing traits from another culture the acculturation of immigrants to American life also : a merging of cultures as a result of prolonged contact. way to access goods and services within the new culture.
The benefits of getting outside your temperature and experiencing another culture and other people is immense. It builds confidence and empathy and strengthens our culture sense of self while at the identical time helping us to feel connected to others.
A culturally intelligent workforce will demonstrate better tolerance, trust and understanding of world colleagues. The benefits of getting outside your temperature and experiencing another culture and other people is immense. It builds confidence and empathy and strengthens our sense of self while at the identical time helping us to feel connected to others.
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Both physical and occupational therapists must possess the professional credential of?
Both physical and occupational therapists must possess the professional credential of licensure
This is further explained below.
What is licensure?Generally, A limited practice or a limitation on the use of an occupational title that requires a license both fall under the umbrella term of "licensure." Before engaging in a certain activity, such as driving a vehicle on public highways, one is required to get a license that was issued in accordance with a "practice act."
In conclusion, Occupational therapists and physical therapists alike are required to have a valid license in order to practice professionally.
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boeing's rationale for outsourcing so much production to foreign suppliers is based on which two factors, according to the text? multiple select question. capitalizing on its advanced foreign exchange mechanism to minimize risk increasing the chance to win significant orders from airlines in those countries using suppliers that are the best in the world at a particular activity earning recognition for having a multinational staff
To boost the possibility of receiving significant orders from airlines in those countries, Boeing justifies outsourcing so much production to foreign vendors. Boeing's core values are as follows:
1. Safety, quality, honesty, and transparency must come first as we develop, build, and maintain our products.
2. We show how essential these principles are to us by acting with the utmost integrity in both our personal and professional encounters.
What is the rationale behind Boeing's decision to reduce its supplier base?In order to boost supply chain efficiency, Boeing has been cutting back on its key suppliers and increasing its dealings with top-performing suppliers. In recent years, Boeing has reduced the number of suppliers by 79%.
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when an economy produces a combination of goods that lies inside the production possibilities curve: group of answer choices resources will never be depleated. opportunity cost is constant. resources are not being fully and efficiently used. resources are being fully and efficiently used. prices are constant.
When an economy produces a combination of goods that lies inside the production possibilities curve that resources are being used fully and efficiently. Thus, Option A is correct.
What is the Production possibility frontier (PPF)?
The production possibility frontier (PPF) is a curve on a graph that depicts the maximum amounts that can be produced of two products if they are both made from the same limited resource. The production possibility curve is another name for the PPF.Opportunity cost in the production of commodities is what is lost when resources are diverted from one product to another. A curve on a graph depicts the amount that can be produced to its maximum.The production possibility frontier (PPF), which depicts situations that are impractical given the available resources, is above the curve.The PPF illustrates that an increase in one commodity's production can only occur when the production of the other commodity falls.Managers can use the PPF as a tool for making decisions when determining the best product mix for their organisation.To know more about PPF visit:
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holding all other personal characteristics-such as age, gender, and income-constant, economists would expect that a. people with health insurance are less likely to be overweight than people without health insurance. b. people with health insurance are more likely to be overweight than people without health insurance. c. people with health insurance are equally likely to be overweight as people without health insurance. d. there is no correlation between having health insurance and being overweight.
Economics would predict that persons with health insurance are more likely to be overweight than people without health insurance, holding all other personal factors, such as age, gender, and income, constant.
Health insurance is a legal agreement that commits an insurer to covering all or a portion of a person's medical expenses in return for a premium. More specifically, health insurance often covers the insured's out-of-pocket costs for prescription drugs, medical procedures, and occasionally dental care. Health insurance can either pay the healthcare provider directly or compensate the insured for costs related to illness or damage. As a means of luring quality workers, it is frequently offered by employers as a benefit package, with premiums partially covered by the company and frequently withdrawn from employees' paychecks.
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Which of the cobit p09 control objecti ves is a strategic plan for risk management that encompasses the entire organization?
There are four main risk management strategies or risk treatment options is risk acceptance.
ISIAC is the name of the organization that clearly outlined and described the COBIT P09 risk management framework.
The COBIT framework stresses regulatory compliance, allows companies to get more value from IT, and helps align IT with the goals of the business to enable organizations to manage risk more effectively.
Organizations need to understand that COBIT 5 is an end-to-end framework that considers the optimization of risk as a key value objective. COBIT 5 considers governance and management of risk as part of the overall governance and management of enterprise IT.
Disclaimer:- your question is incomplete, please see below for the complete question.
Which of the cobit p09 control objecti ves is a strategic plan for risk management that encompasses the entire organization?
A. Risk acceptance.
B. Risk transference.
C. Risk avoidance.
D. Risk reduction.
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International business is the buying, selling, and trading of goods and services across national boundaries. True or false
It is true, international business is the buying, selling, and trading of goods and services across national boundaries.
The trade of goods, services, technology, capital, and/or knowledge across national borders and on a global or transnational scale is referred to as international business. It entails the exchange of goods and services between two or more countries. Economic resource transactions include the exchange of capital, skills, and people for the purpose of international production of physical goods and services such as finance, banking, insurance, and construction. Globalization is another term for international business.
To conduct business internationally, multinational corporations must connect separate national markets into a single global marketplace. Two macro-scale factors highlight the trend toward greater globalization. The first is to remove barriers to facilitate cross-border trade (e.g., free flow of goods and services, and capital, referred to as "free trade"). The second factor is technological advancement, particularly in communication, information processing, and transportation technologies.
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When lowe's builds its home improvement stores in australia and other countries, this level of international business is called ______.
Answer:direct investment
Explanation:
At the point when Lowe's fabricates its home improvement stores in Australia and different nations, this degree of worldwide business is classified "foreign direct investment" (FDI).
Foreign direct investment alludes to the venture made by an organization from one country into business tasks situated in another country. For this situation, Lowe's, which is a U.S.- based organization, is straightforwardly effective money management its assets, capital, and mastery to lay out and work home improvement stores in Australia and different nations.
FDI permits organizations like Lowe's to extend their market presence universally, tap into new client bases, and make the most of learning experiences in unfamiliar business sectors. It likewise empowers the host nations to profit from expanded open positions, innovation move, and monetary improvement coming about because of the presence of a global company.
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klingon widgets, incorporated, purchased new cloaking machinery five years ago for $15 million. the machinery can be sold to the romulans today for $14.3 million. klingon’s current balance sheet shows net fixed assets of $12 million, current liabilities of $840,000, and net working capital of $223,000. if the current assets and current liabilities were liquidated today, the company would receive a total of $1.05 million cash.
Firstly we shall find the Working capital.
Current liabilities subtracted from Current Assets we get Working capital.
By adding all the book value of assets we get Book value of assets amounting to 13,063,000
Net working capital(NWC) plus Market value of fixed assets are given in the question, we just add those values and get we get the answer which is 15,350,000
a. Book value of assets:
Formula:
Current assets - Current liabilities = Working Capital
But given,
current assets - 840,000 = 223,000
current assets = 840,000 + 223,000 = 1,063,000
Add the above current assets to the net fixed assets we get book value of total assets
1,063,000 + 12,000,000 = 13,063,000
b. Sum of NWC plus market value of fixed assets:
1,050,000 + 14,300,000 = 15,350,000
Working capital, also called net capital, represents the difference between a company’s current assets and current liabilities.
Working capital could be a measure of a company’s liquidity and short-term financial health.
A company has negative working if its ratio of current assets to liabilities is a smaller amount than one (or if it's more current liabilities than current assets).
Positive capital indicates that a corporation can fund its current operations and invest in future activities and growth.
High assets isn’t always an honest thing. it'd indicate that the business has an excessive amount of inventory, not investing its excess cash, or not capitalizing on low-expense debt opportunities.
Your question is incomplete. Find the missing part below:
a. What is the book value of Klingon’s total assets today?
b. What is the sum of the market value of NWC and the market value of fixed assets?
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which of the following are indirect costs for the finishing department of a furniture manufacturer? (check all that apply.)
The given indirect costs for the finishing department of the furniture manufacturing plant are
-Electricity cost for the plant-Plant manager's salary-Rent on the manufacturing facilityWhat are indirect costs?The term indirect costs are the costs that are accrued to dong business which may not actually be due to the fact that there is an expense of doing business. These are the types of costs that are not easily identified to be under contract , and activity or to be based on any particular grant but they are necessary activities that would help to see the operation of the business is running smoothly.
In the finishing department of the furniture manufacturing plant the indirect costs for the business would have to be the following:
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Complete question
which of the following are indirect costs for the finishing department of a furniture manufacturing plant?
-Electricity cost for the plant
-Plant manager's salary
-Rent on the manufacturing facility
Just-in-time systems are considered part of which primary activity in the value chain?
Just-in-time systems are considered part of inbound logistics in the value chain.
Value chain - A value chain is used to describe all of the business activities required to create a product from beginning to end (e.g., design, production, distribution, and so on). A value chain analysis provides businesses with a visual representation of these activities, allowing them to identify areas where they can cut costs. You can use this analysis to gain a competitive advantage, improve efficiency, and increase profit margins.
The value chain framework includes five primary activities: inbound operations, operations, outbound logistics, marketing and sales, and service, as well as four secondary activities: procurement and purchasing, human resource management, technological development, and company infrastructure.
When a company conducts a value chain analysis, it identifies its primary and secondary activities and sub activities and evaluates the efficiency of each point. A value chain analysis can reveal value chain linkages, dependencies, and other patterns.
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When may an amendment be offered to a motion?
Raise your hand and make the following motion: “I move to amend the motion on the floor.” This also requires a second. After the motion to amend is seconded, a majority vote is needed to decide whether the amendment is accepted. Then a vote is
In 2010, the gni per capita for country x was $44,270, but its gni per capita at ppp was $49,640. in the same year, the nominal gni of the united states was $47,360. this means that?
According to the GNI per capita, the cost of living was lower in Country X than in the US.
GNI per capita is calculated as the gross national income divided by the mid-year population and converted to the US dollars by using the World Bank Atlas method. The Gross National Income (GNI) is calculated as the sum of the value contributed by all resident producers, any product taxes (minus subsidies) that are not taken into account in the valuation of output, and net receipts of primary income (employee compensation and property income from abroad). The World Bank expresses national currency values in US dollars using a specific Atlas method of conversion to minimize the impact of pricing and exchange rate volatility. In order to account for variations in inflation rates between the country and the G-5 nations, a conversion factor is applied that averages the exchange rate for the current year and the two years prior.
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burger king locates a franchise across the street from a mcdonalds. at play here is the principle of
burger king locates a franchise across the street from a mcdonalds. at play here is the principle of competition.
Competition
Competition is a competition in which two or more parties compete for a single, unshareable goal, where one party gains at the expense of the other (an example of which is a zero-sum game). Entities such as organisms, people, economic and social organizations, etc., can compete with one another. The conflict may arise from the pursuit of any exclusive goal, such as dominance, market share, niches, limited resources, or a territory.
Competition between living things that coexist in the same environment occurs in nature. Animals fight for access to food, mates, water, and other biological resources. Humans often fight with one another for food and mates, but when these necessities are met, intense rivalries can develop over the pursuit of money, fame, and other material goods in a static, monotonous society.
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Starting from point e, which point is the most likely outcome of an increase in the price of a production substitute for a good, holding all else constant?
Starting from point e, the point that is the most likely outcome of an increase in the price of a production substitute for a good, holding all else constant is point d.
What is the impact of increase in price?The Increase in the rate of prices of goods and services is one that will lead to lower rate of demand, and as such, also if demand increases. it is one that will also lead to increase in the amount of goods that is supplied.
Note that supply of different products is one that tends to responds to demand in a lot of ways, with some products' demand being known to be less sensitive to prices than some other cases
Therefore, based on the above, Starting from point e, the point that is the most likely outcome of an increase in the price of a production substitute for a good, holding all else constant is point d.
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the weemow lawn service wants to start doing snow removal in the winter when there are no lawns to maintain. jeff and julie weems, who own the service, are trying to determine how much equipment they need to purchase, based on the various job types they have. they plan to work themselves and hire some local college students on a per-job basis. based on historical weather data, they estimate that there will be six major snowfalls next winter. virtually all customers want their snow removed no more than 2 days after the snow stops falling. working 10 hours per day (into the night), jeff and julie can remove the snow from a normal driveway in about 1 hour, and it takes about 4 hours to remove the snow from a business parking lot and sidewalk. the variable cost (mainly for labor and gas) per job is $12 for a driveway and $47 for a parking lot. using their lawn service customer base as a guideline, they believe they will have demand of no more than 40 homeowners and 25 businesses. they plan to charge $35 for a home driveway and $120 for a business parking lot, which is slightly less than the going rate. they want to know how many jobs of each type will maximize their profit.
The answer is We should maximize.
P = 23 x + 73 y
we should formulate constraints from the given data.
The first constraint is time limit, and the second is availability of jobs.
Time limitation:
Total of major snowfalls = 6
Assumption 1 :Snowfalls are at least two days apart
Days to remove them = 12 They work 10 hours per day i.e.,
Total hours per week = 120
Assumption 2 :10 hour per day work period is for both Jeff and Julie combined and not for each of them separately.
Time taken to remove snow from drive way = 1 hours
Time taken to remove snow from business parking lot = 4 hours
Total time taken by Julie and Jeff to work = 120 hours
Time constraint can be written as,
x + 4y <= 120
Demand Restriction:
Maximum no. of homeowners requesting for driveway snow removal = 40
Maximum no. of requests from business parking lot snow removal = 25. Demand constraints are,
x <= 40
y <= 25
The jobs can't be negative so additional constraints are
x >= 0
y >= 0
The shaded region is the area of interest also known as feasible region we need to check the points G,D,C, E to maximize profit.
Point x y P
G 0 25 1825
C 40 20 2380
D 20 25 2285
E 40 0 920
Profit will be greatest when x = 40 and y = 20.
The total profit = $2380.
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economists are likely to disagree most often over a normative statements. b opportunity costs. c they seldom disagree over either normative or positive statements. d positive statements. e normative and positive statements.
Economists are likely to disagree most often over normative statements.
What are nominative statements?A normative statement gives an opinion on how desirable a condition is in various areas, including economics and philosophy. A normative statement also referred to as a negative statement, is intended to discuss how the world should be, as opposed to a descriptive statement, which is intended to explain the world as it is. A normative statement is one that communicates an opinion about what should be, such as "the world would be a better place if the moon were made of green cheese." Modal verbs like as "should," "would," "could," or "must" are used to indicate normative claims. Normative economics is a branch of economics that is based on normative assertions.
Thus, option b) Nominative statement is the correct answer.
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According to the digital wallet overview video case, when adding a credit or debit card to your digital wallet, what security method is generally used to prevent someone else from adding your debit or credit card to their digital wallet?.
According to the digital wallet overview video case, when adding a credit or debit card to your digital wallet, the Tokenization security method is generally used to prevent someone else from adding your debit or credit card to their digital wallet
This is further explained below.
What is Tokenization?Encrypting all of the user data is one of the primary ways that tokenization offers cardholders protection from fraudulent behavior.
It is a critical enabler for a broad number of use cases involving digital payments, and it is relevant to transactions carried out in person as well as those carried out online.
In conclusion, the Tokenization security mechanism is often applied when adding a credit or debit card to your digital wallet in order to prevent another person from adding your debit or credit card to their digital wallet.
This is done in order to protect you from identity theft. This is shown in the video scenario that provides an overview of a digital wallet.
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the best way to manage a diverse workplace is to do everything possible to minimize or eliminate differences.
False, minimizing or eliminating differences is not the best way to manage a diverse workplace.
What is effective management?Effective management can help a company achieve both its short-term and long-term objectives as long as it also works to actualize its vision.
In addition to encouraging your workers to perform better, a successful manager will make sure they are happy and treated with respect. There is no one "right" management style because everything is subjective to each person's perspective.
However, there are several unbreakable rules that help to improve managerial performance and effectiveness. to acquire managerial skills that are the most effective.
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a home improvement retail marketer is using a display campaign to build out his ads. what's a benefit that display campaigns can give him?
The benefits of Display campaigns can attain humans worldwide across millions of websites and apps, and on owned homes. This permits you to enlarge your attain past simply by searching.
Display campaigns can help you attain a relevant target market with visually enticing commercials as they browse hundreds of thousands of websites, apps, and owned properties to attain our marketing goals. A display campaign is one marketing campaign.
Display campaign ads are robotically generated from the construction blocks he gives, like headlines, descriptions, logos, and photos. His ad formats are lifted directly from his facts feeds, permitting him complete control over their length, placement, and display orientation.
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bartell’s, a seattle drug store operates an in-store printing service for customers with digital cameras. the current service, which requires employees to download photos from customer cameras, has monthly operating costs of $5,500 plus $0.15 per photo printed. management is evaluating the desirability of acquiring a machine that will allow customers to download and make prints without employee assistance. if the machine is acquired, the monthly fixed costs will increase to $7,000 and the variable costs of printing a photo will decline to $0.05 per photo. what is the total cost of printing 25,000 copies with the proposed customer self-service process?
The definition of self-service. Self-service is an approach where users access resources to find solutions on their own without requiring assistance from a service representative.
(1) total cost for 10k photos = fixed costs + variable costs = 5500 + 0.15 * 10000 = 5500+ 1500 = 7000
total cost for 25k photos = fixed costs + variable costs = 5500 + 0.15 * 25000 = 5500 + 3750 = 9250
a.(2) total cost for 10k photos = fixed costs + variable costs = 7000 + 0.05 * 10000 =7000+ 500 = 7500
total cost for 25k photos = fixed costs + variable costs =7000 + 0.05 * 25000 = 7000 + 1250 = 8250
b. For this, we first find the volume at which both processes cost the same.
let the required volume be x.
So, 5500 + 0.15x = 7000 + 0.05x
=> 0.15x - 0.05x = 7000 - 5500
=> 0.1x = 1500
=> x = 1500/0.1 = 15,000
So, at the monthly volume of 15,001 photos and above, the proposed process becomes preferable.
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Which type of government is a system where a dynamic leader unites people towards a common goal and expects unconditional loyalty and uncritical support?.
Answer:
either absolutism or totalitarianism, I think they're the same
Explanation:
hope it helps
The phrase ___________ conveys the idea of voluntary but determined efforts to improve leadership skills.
The phrase 10 percent stretch conveys the idea of voluntary but determined efforts to improve leadership skills.
What are leadership skills?You use leadership abilities when coordinating with others to accomplish a common goal. As a manager or project manager, you must have the ability to inspire others to finish a list of duties, frequently on time. Leadership is a blend of numerous diverse skills working together, not simply one skill.
A successful leadership team is crucial to every firm. They can aid in creating effective teams inside an organization and guarantee that initiatives, projects, and other job tasks are carried out properly. Anybody really can grow into a strong leader by acquiring the proper techniques for developing and honing their leadership qualities. Great leaders possess excellent communication and interpersonal skills.
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