Savion is restoring a car and has already spent $4,000 on the restoration. He expects to be able to sell the car for $5800. Savion discovers that he needs to do an additional $2,400 of work to make the car worth $5,800 to potential buyers. He could also sell the car now, without completing the additional work, for $3,800. What should he do?.
Based on the cost of the additional work and the amount gained from selling, Savion should sell the car now for $3,800.
What is Savion's best course of action?If Savion were to add the additional work, his profit would be:
= 5,800 - 2,400
= $3,400
This is less than the $3,800 he could make from selling the car now so his best course of action is to sell the car for $3,800 to get a larger profit.
The previous cost of $4,000 is a sunk cost so is not relevant to the calculation.
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According to the theory of liquidity preference, holding the supply of real money balances constant, an increase in income will ______ the demand for real money balances and will ______ the interest rate.
According to the theory of liquidity preference, holding the supply of real money balances constant, an increase in income will increase the demand for real money balances and will decrease the interest rate.
What is theory of liquidity preference?In line with the liquidity preference theory, it is state that interest rates are determined by the supply and demand of money.
It is to be noted that tightening the money supply will decrease the nominal interest rates.
Hence, according to the theory of liquidity preference, holding the supply of real money balances constant, an increase in income will increase the demand for real money balances and will decrease the interest rate.
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. A gracious welcome by an employee at the hotel check-in counter is an example of: a. social sustainability. b. predictive analytics. c. a service blueprint. d. a moment of truth.
A moment of truth is exemplified by the cordial greeting given by a staff member at the hotel check-in desk. Hence option D is correct
What does hotel check-in entail?Checking in is the procedure used to register visitors to a hotel. Usually, it happens at the front desk of the hotel. The receptionist verifies the information when the guests are assigned to a hotel room and handed a key or access card. They are brought to their room if they have bags.
At these moments, providing excellent customer service and having kind employee interactions can make an encounter enjoyable otherwise it could damage a customer's trust, which is difficult to mend.
Hence, option D a moment of truth is the correct answer.
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Review each of the investment opportunities provided by earl investments and pima financial trading. in a three paragraph essay (a minimum of 4-5 sentences), write an analysis of these opportunities that answers the following questions. based on the evidence available to you, which investment opportunity is more likely to be fraudulent? what are the true risks of investment with this company, and does the company accurately describe these risks? what are the potential returns on an investment, and does the company accurately describe these returns?
Every investment entails certain risks and hazards. There is always some element of risk involved with undertaking any venture, whether it be with regard to real estate, stocks, goods, joint assets, or anything else.
Every investment entails certain risks and hazards. There is always some element of risk involved with undertaking any venture, whether it be with regard to real estate, stocks, goods, joint assets, or anything else. Additionally, when indicating the consent of speculating, they do include the risk element, which is frequently ignored by the financial expert at the time of marking the agreement .
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the _____ shows the quantity supplied at various prices.
The supply curve shows the quantity supplied at various prices.
What is supply curve?Supply curve can be defined as the curve that help to show the price of product as well as the quantity supplied at a particular period of time.
Supply curve is important as it shows also how the price of product or goods increase.
Therefore the supply curve shows the quantity supplied at various prices.
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Business is a social process . Discuss
Answer:
Business is a social process. a single person cannot run a business, there are many single owner but they also need other person's help or market help for their business survival. ex help of the resources,if the business is product based or help of customer If it is service based. all this things work together. the whole economy works together. so it is a social process .
Answer:
Technology aligned solutions integrating the functions and processes of hardware , software , telecommunications and networks . From basic internet connectivity to software development , w provide all kind of technological services based on the type of industry.
Explanation:
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holding other factors constant, an increase in the capital stock ______ the real wage and ______ employment.
holding other factors constant, an increase in the capital stock increases the real wage and increases employment.
What is capital stock?This is the authorized amount of stock that a company has the power to issue.
This tells of the maximum amount of the shares that the company can be said to have as outstanding shares.
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Keynesian economics argues for the use of _____ policy to stabilize the economy.
Answer:
Keynesian economics argues for the use of active government policy to stabilize the economy.
Explanation:
In order to alleviate or avert economic recessions, Keynesian economics places a strong emphasis on the employment of proactive government policy to control aggregate demand. Keynes contended that lengthy periods of high unemployment might result from a lack of general demand. Consumption, investment, government purchases, and net exports are the aggregate of four factors that determine an economy's amount of goods and services.
what is the coupon rate on a bond that has a par value of $1,000, a market value of $1,100, and a coupon interest payment of $100 per year?
The bond have a interest rate at which the interest is paid, this percentage is applied on the par value of the bond held to calculate the interest amount that is paid to the bond holder.
$100 / $1000 = 0.1 * 100 = 10%
The coupon rate of the bond is 10%
What is a bond?Bond is a financial instrument that gives rights to the bond holder to receive interest at the coupon rate and at the end of the term the bold holder is entitled to the par value. The bond is sometimes sold at market value before its term end date.
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Rabia does not currently have a job, but declined a job offer because she feels her skills merit better pay and a better position. Which terms can be used to describe rabia? check all that apply
The terms that can be used to describe rabia when she does not currently have a job, but declined a job offer because she feels her skills merit better pay and a better position is fictionally unemployed.
What is Frictional unemployment?Frictional unemployment can be regarded as the type of unemployment that comes from employment transitions within an economy.
This is the reason why Rabia declined a job offer because she feels her skills merit better pay and a better position.
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On September 1, 2021, Daylight Donuts signed a $100,000, 9%, six-month note payable with the amount borrowed plus accrued interest due six months later on March 1, 2022. Daylight Donuts should report interest payable at December 31, 2021, in the amount of: (Do not round your intermediate calculations.)
The interest payable at the time period indicated will be $3000.
How to calculate the interest?From the information given, the interest payable will be:
= Note value × Interest time × Time period
= $100000 × 9% × 4/12
= $100000 × 0.09 × 1/3
= $3000
In conclusion, the interest payable at the time period indicated will be $3000.
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The investigation of consumer thought processes at each stage in a purchase in order to determine the best way to help the buyer buy is called:
The investigation of consumer thought processes at each stage in a purchase in order to determine the best way to help the buyer buy is called consumer behavior.
What is consumer behavior?This can be described as the study of humans and organizations on the way that they purchase goods and services.
This would have to do with the attitudes, needs and the emotions of the people that consume the goods.
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Within a ________________________ economy, we often see both producers and consumers responding to the incentive of price changes.
In a market economy, both producers and consumers respond to the incentive of price changes.
What is the economy?
An economy is an area where products and services are produced, distributed, and traded as well as consumed by various agents.
A market economy is an economic system in which all suppliers and consumers are unhindered by price controls or restrictions on contract freedom and where decisions regarding investment, production, and distribution to consumers are guided by the price signals created by the forces of supply and demand.
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In the context of the different techniques used by an inference engine to manipulate a series of rules, _____ refers to a series of "if-then-else" condition pairs
In the context of the different techniques used by an inference engine to manipulate a series of rules, forward chaining refers to a series of "if-then-else" condition pairs.
What is an inference engine?An inference engine is a part of the system that applies logical rules to the knowledge base to deduce new information. The first inference engines were components of expert systems.
Therefore, the correct answer is forward chaining.
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If you were a policy maker in country lt, how would you ensure that the ideals of free enterprise are preserved while protecting the citizens of your nation? explain your answer in three to four sentences.
I will ensure that the ideals of free enterprise are preserved by implementing price regulatory system.
What is free enterprise?It should be noted that free enterprise is an economic system that's driven by demand and supply.
In this case, I'll ensure that the ideals of free enterprise are preserved by implementing price regulatory system. This is important to prevent exploitation of consumers.
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Answer:
If I were a policy maker in Country LT, I would create a regulatory policy that allowed the grain producer to make as much in profit as possible, but still protect consumer needs. The company would be required to create various smaller companies, each selling different types and quality of grain for varying prices. This would preserve the ideals of free enterprise, encourage competition within the market, and help to keep food costs down for consumers.
Explanation:
In making the best economic choices, consumers compare the benefits of the choice to:.
In making the best economic choices, consumers compare the benefits of the choice to the cost of the choice.
How to make the best economic choices?
In making the best economic choices, the costs of the choice should be compared with the benefits of the choice. The choice should only be made when the benefits of making the choice exceeds the cost of the choice.
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if a student chooses to study linguistics at a college, what has that student chosen?
When a student chooses to study linguistics at a college then has to choose an academic major subject.
What is an academic major?An academic major is referred to as a specialization an individual to choose in which he is looking for expertise or career during the college duration.
These major subjects reflect that the student will gain knowledge and developed skills by reading the subject and can utilize it in the future. This will also help to determine the interest of an individual.
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Local languages, the dominant religions, views toward leisure time, and the age and lifespan demographics constitute the _____ factors that significantly influence business.
Local languages, the dominant religions, views toward leisure time, and the age and lifespan demographics constitute the sociocultural factors that significantly influence business.
What is local language ?Local Language means the language declared by the concerned State Government as their official language.
There are various type of languages :
Standard / Polite / Formal.Colloquial / Informal.Regional Dialect.Social Dialect.Lingua Franca.Pidgin.Creole.Vernacular.What is Sociocultural?Sociocultural is a term related to social and cultural factors, which means common traditions, habits, patterns and beliefs present in a population group. The term is mostly used in sociologic and marketing contexts and refers to the most remarkable drivers behind the way people makes decisions in a society.
Therefore, The sociocultural influences that have a considerable impact on business are local languages, the prevalent faiths, attitudes toward leisure, and age and lifespan demographics.
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Which of the following best describes retained earnings? Select one: Shows in and out flows of cash from the company during a period Provides a description of sources of funding and uses of funding, at a point in time Records level of reinvested profits Total assets less net liabilities equals equity
The option that best describes retained earnings is records level of reinvested profits.
What is retained earnings?
Retained earnings is the amount of a company's earnings that is not paid out to shareholders as dividends or used to pay debtors. It is the amount of money that can be reinvested into the business.
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Regarding performance, ________ sources of information include complaints or issues raised by employees, existing performance metrics or reports, financial reports, and quality reports, while ________ sources of information include VOC (Voice of the Customer) tools.
An internal sources is one that include complaints or issues raised by employees while an external sources is one that includes VOC (Voice of the Customer) tools.
What is an internal sources?This refers to information that comes from outgoing mails, memos, notices, circulars, bulletins and manuals.
What is an external sources?This refers to information from source other than the Internal Sources such as information from licensed or subscription-based websites.
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Francis works for a local fly-fishing shop. The shop allows employees to purchase two fly rods per year at a discount. This year, Francis purchased one rod. The rod normally retails for $300, was purchased for $225, was sold to Francis for $250, and the employer's average gross profit percentage is 30 percent. What amount of the discount must be included in Francis's income
The amount of discount that has to be included in Francis's income is 0.
How to solve for the discount amountThe amount of the discount - sales price
= 300 - 250
= $50
This is the discount when it is sold to employees
Next we solve for the gross profit as
sales price x gross profit rate
= 300 x 30%
= 90
Given the amounts that we have here we have to conclude that the amount to be included in the account is 0
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How did the Market Revolution change the role of work for women? Question 5 options: It provided the opportunity for some women to work in mill towns instead of their family's farm It provided the opportunity for some women to work on their family's farm instead of a factory Allowed women to become stay at home wives Allowed women to get an education
The Market Revolution change the role of work for women because It provided the opportunity for some women to work in mill towns instead of their family's farm.
What is the Market Revolution?It refers to the period of marketplace expansion throughout the early america that brought distance communities together and created a specialized and interdependent economy.
During the period, the role of work for women changed because It provided the opportunity for some women to work in mill towns instead of their family's farm.
Therefore, the Option A is correct.
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when participating in fiscal planning, a leader should perform what role?
The role which a leader should perform during fiscal planning is d. Being visionary in identifying short- and long-term unit fiscal needs
What is Fiscal Planning?This refers to the continuous process where there are different means to be used in order to achieve a goal.
Hence, we can see that during fiscal planning, it is important that the leader should be a visionary and make the identification of both the long and short-term needs.
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When participating in fiscal planning, a leader should perform the role of being visionary in identifying short- and long-term unit fiscal needs.
What is fiscal planning?This is the financial planning of an organization which involves income and expenditure at a particular time.
A good leader should be able to identify both short and long term needs of an organization in order to make a choice of satisfying important and urgent needs at a time.
The needs can be arranged according to the scale of preference and a choice is made to determine opportunity cost.
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What are the concerns in cash management, and how does cash management iss help financial managers?
The cash management can help financial managers in the collecting and managing cash flows from the activities of the firm.
How can cash management can help financial managers ?Cash management, which is a treasury management, can be of help to the financial managers by helping them to be able to manage cash flows from the operating activities of the firm.
This could range from the investing, and financing activities of the firm and it help in achieving the financial goal of of the organization.
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Household spending on education is included in
Household spending on education is included in the consumption of services.
What is household spending?Household spending is consumption expenditure by households to meet their needs and wants.
Household spending is determined by the size of the household and the household's disposable income.
Thus, household spending on education is included in the consumption of services.
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In what kind of nation are members of a society most likely to have good educational opportunities?
a developing nation
a developed nation
a country emerging from an economic and political crisis
an underdeveloped nation
Answer:
a developed nation for states
The three types of scaffolds are ________________.
a. supported, needle beam, and two point suspension
b. supported, two point suspension, and aerial lift trucks
c. supported, aerial lift trucks, and "cherry pickers"
d. supported, suspended, and aerial lift trucks
Answer:
The answer is d: supported, suspended, and aerial lift trucks
Explanation:
An elevated temporary work platform is called a scaffold. Scaffolds can be divided into two categories:
Supported scaffolds are made up of one or more platforms that are held up by rigid parts like, for example, poles, frames and legs.
The scaffolds that hang from ropes or another pliable, above support, consisting of one or more platforms are suspended scaffolds
Aerial lifts, in particular, can be thought of as different kinds of supported scaffolds.
The U.S. government funds the federal budget deficit by Group of answer choices borrowing from large private banks at favorable terms and low interest rates. selling securities such as Treasury bonds and Treasury bills. selling stock in government-owned corporations. selling shares in gold owned by the Federal Reserve via special drawing rights.
The U.S. government funds the federal budget deficit by selling securities such as Treasury bonds and Treasury bills.
What is budget deficit?Budget deficit is when the government expenditure is more that its revenue. Here, the expenses incurred are more that what comes in as income to the government.
Hence, the U.S. government funds the federal budget deficit by selling securities such as Treasury bonds and Treasury bills.
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Classify each scenario according to whether it is an example of an active employment at-will doctrine. You are currently in a labeling module. Turn off browse mode or quick nav, Tab to items, Space or Enter to pick up, Tab to move, Space or Enter to drop.
1. A tenured organic chemistry professor who cannot be fired despite being a horrible teacher.
2. Cathy quits her job as a babysitter despite having only been hired three weeks ago, because she feels watching over eight toddlers at once will cause her to lose too much sleep.
3. Katherine, a waitress, gets fired from her job after spilling a hot bowl of French onion soup on a customer's shoe.
4. Alex has a clause in his worker's contract stating that if he gets fired during a recession, he gets a severance package of half his salary paid for up to six months.
5. Brian, who works for an educational software company, quits. He is not allowed to work for a competing software company for six months due to a clause in his contract.
6. Wei-Cheng gets fired from his company for no reason other than that he is the only Asian worker.
a. Not An Example of Employment
b. At Will Example of Employment At Will
Answer:
1. Not an example of employment-at-will
2. Example of employment-at-will
3. Example of employment-at-will
4. Not an example of employment-at-will
Explanation:
How does the financial market impact the economy?
Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.
The needs of borrowers and lenders are met by the combination of well-established financial markets and institutions as well as a wide range of financial products and instruments, which benefits the economy as a whole.
Investors can specialize in specific industries or services, diversify their risks, or do both thanks to financial markets (like those that trade stocks or bonds), instruments (including bank CDs, futures, and derivatives), and institutions (like banks, insurance companies, mutual funds, and pension funds). Financial markets and financial institutions, collectively contribute to economic growth; nevertheless, the relative proportion of the two does not seem to be a significant determinant in growth.
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