Some of the driving forces of the motor vehicle industry include:
Economic conditions. Consumer taste. Governmental regulations. Technological advances. Labor force skill. Supply chain management. International Competition. Political competition. Environmental risks. Which forces affect the motor vehicle industry?Economic conditions affect sales of motor vehicles as well as consumers changing their taste in the type of vehicles they want.
Government regulations such as those relating to environmental risk can also play a big part and political competition amongst nations can lead to supply chain disruption for motor vehicle manufacturers.
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QUESTION THREE
Two university graduates, Bill and Steve, worked for an advertising agency at an annual salary of
$40,000 each for 3 years after they graduated. Then, they decided to quit their jobs and start a
partnership that designs and builds Web sites. They rented an office for $12,000 a year and bought
capital for $30,000. To pay for the equipment, Bill and Steve borrowed money from a bank at an
annual interest rate of 6 percent. During their first year of operation, the partners' total revenue was
$100,000. The market value of their capital at the end of the year was $20,000. If Bill and Steve do
not design Web pages, their best alternatives are to return to their previous job.
a) What is the firm's economic depreciation? (5 marks)
b) What are the partnership's costs? (5 marks)
c) What is the firm's economic profit in the first year of operation? (5 marks)
From the amount of capital that the graduates had, the firms economic depreciation would be $10000
How to solve for the economic depreciation of the firm
Original cost of the capital - market value of capital after a year
= $30000 - $20000
= $10000
How to solve for the partnership costsThis is the Cost of capital plus cost of office space and cost of interest = $44,520
How to solve for economic profitTotal revenue - partnership cost
100000 - 44520
= $55,480
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Along with interaction with your colleagues you will also interact with who, in order to draw them to the museum?
A: Public
B: Artists
C: Sculptors
Answer:
Artist
Explanation:
(Related to Checkpoint 6.4) (Present value of a perpetuity) What
is the present value of a $
4,500 perpetuity discounted back to the present at
13 percent?
The present value of $4,500 perpetuity discounted at 13% is $34,615.38.
What is the present value of perpetuity?A perpetual annuity is a series of equal and indefinite cash flows.
The formula for calculating the present value of a perpetuity is:
Periodic cash flow/interest rate
Data and Calculations:Perpetual annuity = $4,500
Discount rate = 13%
Present value of the perpetuity = $34,615.38 ($4,500/0.13)
Thus, the present value of $4,500 perpetuity discounted at 13% is $34,615.38.
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8) If the GDP of the economy is lower than the equilibrium GDP,
a) Inventories would fall below the desired level and thus firms increase their production.
b) Inventories would be above the desired level and thus firms increase their production.
c) Inventories would fall below the desired level and thus firms decrease their production.
d) Inventories would be above the desired level and thus firms decrease their production.
If the GDP of the economy is lower than the equilibrium GDP d) Inventories would be above the desired level and thus firms decrease their production.
What is Gross domestic product (GDP)?Gross domestic product (GDP) serves as the monetary value that can be attributed to all finished goods and services in a country.
Therefore, once there is low , firms will decrease their production because inventory will be high.
made within a country during a specific period. GDP provides an economic snapshot of a country,
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Explain how passengers benefited from the competition in South Africa.
The passengers benefited from the competition in South Africa by the deregulation as it included the variety of the airlines in the domestic countries.
what is deregulation?Deregulation refers to the removal of the restrictions on any particular industry. The south Africa deregulated the airlines industries.
They were immensely benefited with removal of the restrictions through very low fares rate of the airlines in the domestic countries and by this decision the monopoly of any particular industry was removed.
Thus the passengers were greatly benefited by the deregulation of the airlines industries.
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Which of the following account should not be entered in the debit side of the Trial balance?
A. Insurance A/c
B. Capital A/c
C. Debtors A/c
D. Rent A/c
Correct answers will be MARK AS BRAINLIEST
Don't answer if you don't know
Answer:
Debtors
Explanation:
Debts can be added but debtors can't
Trial list is the list of all balances of an individualRent is his balanceCapital A/c is also hisInsurance is also hisDebtots account is not of any use
So option C is correct
What kinds of strategic filters should you have?
short term and long term
strategic and tactical
operational and philosophical
quantitative and qualitative
Answer:
quantitative and qualitative
The strategic filters you must have are quantitative and qualitative filters.
What are strategic filters?They correspond to criteria for evaluating initiatives that must have high or low priority in the formulation of strategic planning, being essential for an organization to achieve competitive advantages and market positioning. Some examples are:
Customer needs assessmentOrganizational strengths and weaknessesFinancial feedbackTherefore, strategic filters will help guide management, helping a company to identify which course of action must be taken to achieve success in the market.
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Please help!!
If you accidentally forget to pay your credit card bill, you should immediately call a credit reporting agency instead of the credit card company to avoid paying a late fee.
True
False
Answer:
false
Explanation:
An overlooked bill won't hurt your credit as long as you pay before the 30-day mark, although you may have to pay a late fee.
Please I need someone's help
Answer:
b
Explanation:
cuz its a commercial which is technological advertisement
1. Compare and contrast surge versus congestion pricing. Provide a specific example of each currently in use.
The pricing methods such as surge pricing and congestion pricing are implied when the demand for a product or a service increases for a specific period.
What pricing method?The process of determining the prices of goods and services in an existing market is known as a pricing method. Surge and congestion are two of the many types of pricing methods.
When the consumers are charged higher prices for a particular commodity due to heavy demand, surge or congestion pricing method is used.
Hence, the significance of the pricing methods like surge and congestion pricing is given above.
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the unemployment rate in the U.S was 3.7% in December 2018
The actual unemployment rate of the United States in the year 2018 was 3.9%.
What is unemployment rate?The proportion of people who are not employed and do not have any source of income after being qualified contribute to the unemployment rate of the United States, which was 3.9% as of December 2018.
Hence, the unemployment rate of the United States is aforementioned.
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what are the challenges you may face when starting a company today and explain ways that you can deal with the challenges
Answer:
The challenges
1. The competition in my work place or area.
2. Lack of productivity.
3. Unable to unemploy due to lack of income.
SOLUTION
1. Make my product much cheaper.
2. Ask the private company for investment.
3. Offer scholarships and basaries to increase the educational system.
On January 1, 2021, Fargo corporation purchase a significant influence shares investment in Concord corporation for $250,000. This investment balance represents 30% of the equity of the Concorde corporation. During 2021, Concord corporation reported net income of $60,000 on November 15, 2021 Concord corporation paid cash dividends of 25,000 to its shareholders. Using this information what is the 2021 year and balance in Fargo corporations investment in Concord corporation account
The year-end balance in Fargo Corporations in 2021 Investment will be, 258000.
Amount paid for investment= 250000
Add: Share of net income = 60000*30%
= 18000
Less: Dividends received = 25000*40%
= 10000
What is year-end balance?Year-end adjustments are changes that need to be made to the balance sheet and profit and loss statement in order to ensure that the year-end reports are an accurate reflection of the company's accounts.
The year-end closing process identifies any balances or deficits on the company's books, which are then carried over into the new fiscal year.
Thus, 2021 year-end balance in Fargo Corporations Investment will be, 258000.
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Respond to the following prompt in a post with a minimum of 250 words, then comment on at least TWO other posts. Respond to the posts indicating your agreement or disagreement with their position and why. Feel free to bring in additional references to these reply posts. Find a current news article or video (within the past 12 months) that describes some government intervention in the economy with the intent of controlling prices. Identify the parties who benefit and those who are or will be hurt by this intervention. What unintended consequences will likely or have occurred as a result of this intervention. What is your opinion on this matter? Why? Include your thoughts and the link to the article in your post.
The government frequently intervenes in the foreign exchange market to prevent dramatic exchange rate changes. When a foreign currency is overvalued, it is sold, and when it is undervalued, it is purchased.
What is foreign exchange market?Foreign exchange market is the exchange of currencies of one country from another country. It is made up of from different markets or from different country's market.
The financial institute do provides the exchange of the currencies like airport, banks, and others.
Thus, The government frequently intervenes in the foreign exchange market.
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To increase the sense of community around your blog, you should
A. flame your commenters
O B. ignore those who leave comments
C. respond positively
to comments
Legend
D. pay someone to leave positive comments
To increase the interactions of a community around a blog, we must actively respond to all comments and interact with the participants.
What is a blog?A blog is a personal website where a person can post whatever information they want to share with others.
Blogs also allow readers to interact with the blog author through comments. Generally, to create a community around a topic, the interactions between the author and the participants must be high.
Due to the above, the author must be active and update her blog constantly and be in interaction with her readers, responding to the comments they make.
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Answer:
How would you respond to the commenter’s feedback about your blog? Write a comment in response.
Explanation:
If you put money into a compound interest account with 7.2% interest rate how many years will it take to double your money?
Answer:
It would take 2 years
Explanation:
7x2=14 witch is the 7.2% interest rate so it would take two years 2 double your money
When considering the education and training a career requires you must be aware of _____.
a. the amount of time it will take
b. the amount of money it will take
c. the amount of effort it will take
d. all of the above
Please select the best answer from the choices provided A B C D
Answer:
The answer is simply D because all of these options happen during this period.
Which of the following statements is most correct?
a.
Everyone is nervous on their first day.
b.
Everyone company has the same culture.
C.
Everyone drives to work.
d.
Everyone is a good listener.
Please select the best answer from the choices provided
• A
B
C
o D
Answer:
see below
Explanation:
A
Because for the last sentence, the more proper pronoun would be "their".
When would your credit card company charge you an overlimit fee?
A. When you take a cash advance on your credit card
B. When you pay your bill late
C. When you transfer the balance from one credit card to another
D. When you charge more than your current credit limit
A business sells goods to customers value Gh¢3,240
plus VAT at 17.5%. How much will the customer pay
for the goods including VAT?
The amount paid by the customer when a business sells goods to customers value Gh¢3,240 plus VAT at 17.5% is Ghc3807.
How to calculate the amount?From the information given, a business sells goods to customers value Gh¢3,240
plus VAT at 17.5%.
The amount paid by the customer will be:
= 3240 + (17.5% × 3240)
= 3240 + 567
= 3807
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This market structure has a single seller.
A. an oligopoly
B. perfect competition
C. a monopoly
D. monopolistic competition
Answer:
c. monopoly
Explanation:
mono in ancient Greek means alone, therefore implying that monopoly means singular.
When the economy experiences an expansion, it is most likely the case that
Answer:
there is a bigger money pool and became popular
Answer:
they will experience relatively rapid growth, interest rates will be low, production increase, and inflationary pressure builds
In the case of predatory pricing schemes, who is the prey?
OA. the wholesalers
OB. the competitors
OC. the distributors
OD. the regulators
Competitors. Firms join an union and set market prices below their costs, even if they lose money in the short term because they are driving out competitors.
What exactly is a predatory pricing strategy?Prices are set low in a predatory pricing system in order to drive out competitors and create a monopoly.
Consumers may benefit in the short term from cheaper costs, but they will suffer in the long run if the programme succeeds in removing competition, which would result in higher prices and a reduction in choice.
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Question 11
Marcelino set up a business in which he was the primary shareholder, Boxing Stars, Incorporated (BSI), to market boxing gear
and clothing. The company that leased Marcelino the retail space for BSI to do business demanded that Marcelino sign a
document agreeing to pay them out of his personal assets if BSI defaults on the retail lease. The document that Marcelino
signed is known as a
O personal indenture.
O personal guarantee.
O corporate veil.
O debt conveyance.
The personal guarantee corresponds to the document signed by Marcelino as a contractual protection.
What is the personal guarantee?It is a legal protection for credit-issuing companies, which guarantees the responsibility for paying debts with the use of the individual's personal assets if the contracting company is unable to bear such expenses.
Therefore, the personal guarantee is a form of legal protection guaranteed by a risk reduction contract to business partners.
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Courses that are at the college level and require an exam to evaluate student achievement level are called
Advanced Placement® courses
career and technical education courses
dual enrollment courses
International Baccalaureate® courses
Courses that are at the college level and require an exam to evaluate student achievement level are called Advanced Placement courses
What is an Advanced Placement course?Advanced Placement courses are also known as AP courses that give students the chance to undertake a college assessment.
In summary, AP exams are used to ascertain the level of preparedness of students for college.
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Answer: A
Explanation:
The College Board Advanced Placement® (AP) Program offers more than 30 college-level courses, each with an exam to evaluate the level of student achievement in that subject. Students who earn a score of 3 or higher on an AP Exam might earn college credit.
What is the ability of a product to satisfy a customer
Answer:
utility is the ability of a product to satisfy human wants and needs.
Question 13 of 20
What is intrusion of solitude?
O A. When someone is demonstrating conduct like peeping into
windows
O B. When a person's actions make another person look bad by
association
O c. When a person's likeness or name is used for commercial gain
O D. When X states confidential facts about Y without Y giving
permission
SUBMIT
[tex]\:\huge\mathbb\red{Answer}[/tex]
Option A is the correct answer
HELP PLEASE! 50 POINTS
1. being driven and dependable will never truly help us find success as a student or employee.
True
False
2. being part of extra curricular activities and clubs isn’t really important, we are already so busy that it would just stress us out
True
False
3. Lifelong learners understand that learning is a lifestyle not a destination
True
False
4. teachers, parents, school groups, quality peers and mentors are just a few resources we can lean on in life
True
False
On July 1, a company receives an invoice for $800 with the terms 1/10, net 30. On July 15, the payment should be $692 $790 $792 $800 $808
The payment to be received on July 15 should be equivalent to $800.
What are payments?The amount received for the purpose served or promised to be served by a seller is known as a payment. Generally, discounts are offered for making early payments.
The discount offered for a period of 30 days cannot be redeemed for payment done within 15 days.
Thus, option D holds true that the payment of $800 shall be received on July 15.
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Tony's Pizza's production function is shown in the table below.
Output (pizzas per day)
Labor
(workers) Plant 1 Plant 2 Plant 3 Plant 4
1 8 11 13 14
2 18 22 24 25
3 26 30 33 35
4 31 36 40 43
5 34 40 45 50
6 35 42 48 54
7 33 40 47 54
Ovens 1 2 3 4
FACULTY OF COMMERCE, MANAGEMENT AND LAW
Page 14 of 14
a) Suppose Tony operates Plant 2. He hires 2 workers and produces 20 pizzas a day. Is the pizzeria
technologically efficient? Why or why not? (5 marks)
b) Suppose Tony operates Plant 1. He hires 2 workers and produces 18 pizzas per day. Is Tony's
Pizza technologically efficient? Why or why not? Can Tony increase production to 22 pizzas a day
in the short run? If yes, how? (10 marks)
c) Suppose Tony operates Plant 3. What is the marginal product of labor when the fourth worker is
hired? When operating Plant 3, does Tony experience diminishing marginal returns? Explain.
(10 marks)
d) Suppose Tony currently uses Plant 3. Can he increase production from 40 to 50 pizzas per day in
the short run? In the long run? If yes, how? (5 marks)
A technological efficiency is achieved, when a given output achieves the maximum possible output.
Why the pizzeria is technologically efficient?
a) Suppose Tony operates Plant 2. He hires 2 workers and produces 20 pizzas a day. Is the pizzeria technologically efficient? Why or why not?
The firm is not technologically efficient. The production function shows that with 2 ovens and 2 workers it is possible to produce 22 pizzas a day.
b) Suppose Tony operates Plant 1. He hires 2 workers and produces 18 pizzas per day. Is Tony's Pizza technologically efficient? Why or why not? Can Tony increase production to 22 pizzas a day in the short run? If yes, how?
Tony's Pizza technologically efficient. The production function shows that 18 pizzas is maximum output that 2 workers can produce with 1 oven. Tony can increase production to 22 pizzas per day in the short run by hiring more labor.
c) Suppose Tony operates Plant 3. What is the marginal product of labor when the fourth worker is hired? When operating Plant 3, does Tony experience diminishing marginal returns? Explain.
When the 4th worker is hired, the marginal product of labor is the change in output, 40 pizzas-33pizzas= 7 pizzas, divided by the change in the labor input, 1 worker. So, the marginal product of labor for the 4th worker is 7 pizzas per day.
Tony experiences diminishing marginal returns because the marginal product of labor diminishes as more workers are hired.
d) Suppose Tony currently uses Plant 3. Can he increase production from 40 to 50 pizzas per day in the short run? In the long run? If yes, how?
If Tony uses Plant 3, he cannot increase production from 40 to 50 pizzas per day in the short run. The short-run production function for plant 3 shows that the maximum output that the firm can produce with this plant is 48 pizzas per day.
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