'A shortage is when the quantity demanded is greater than the quantity supplied at a specific price.
Quantity demanded is a term used in economics to describe the total amount of goods or services sought by consumers over a period of time. It depends on the price of the goods or services in the market whether the market is in equilibrium or not.
Demand is the quantity of goods or services that consumers are willing and able to purchase at a given price over a given period of time. Quantity demanded is the amount of goods or services that people buy at a particular price at a particular time.
Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.
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The total overhead assigned to actual production at any point in time is called? a.non-unit-based overhead. b.budgeted overhead. c.applied overhead. d.overhead assignment.
The total overhead assigned to actual production at any point in time is called applied overhead.
The applied overhead can be defined as the applicable cost rate for the cost object. A cost object is any item a business buys that also costs more to maintain or own, such as a product, distribution channel, product line, subsidiary, geographic area, customer, staff, or process.
Examples of overhead applied to a cost object could be rent, insurance or staff compensation. The amount of overhead applied is usually a standard application rate which can only change after a long interval. This is because of this price variable, the amount of overhead applied during one period may differ from the standard applied overhead in another period.
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Which marketing mix element must be addressed first since it is the element that all other decisions revolve around?
Product marketing mix element must be addressed first since it is the element that all other decisions revolve around.
What is meant by Product marketing?
Product marketing is the technique of introducing a product to market. This includes deciding the product's positioning and producing , launching the product, and leading salespeople and customers understand it. Product marketing targets to drive the demand and usefulness of the product.
What are the benefit of the product?
Product benefits are those products which offers to satisfy the human needs, desires and wants . They are what a consumer assumes to get, feel or achieve when he/she tries a product. Product benefits can either be actual or perceived.
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Retained earnings is an example of a ____ account, meaning its balance is carried forward from one period to the next.
Retained earnings is an example of a permanent account, meaning its balance is carried forward from one period to the next.
Administration and Retained ProfitsThe management of the company is often in charge of deciding whether to keep the profits or distribute them to the shareholders. Since they are the actual proprietors of the corporation, the shareholders can, by a majority vote, overturn it.
For a number of reasons, management and shareholders may prefer that the company keep the profits. The management may be considering a high-growth project because they are more knowledgeable about the market and the company's operations and may believe it has the potential to produce significant returns in the future.
Over time, these measures might produce superior returns for the company's stockholders than dividend payments.
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If an agent does not comply with the requirement of conducting a visual inspection of a property, how long after possession does the buyer have to file a suit?
Agents are expected to conduct inspections at locations that are reassuringly accessible, and they must disclose the findings on an inspection disclosure form. The buyer has two years from the date of ownership to launch a lawsuit if the agent does not adhere to this rule.
What is Visual inspection?
Visual inspection is a typical technique for data collection, analysis, and quality control. When referring to visual inspection in the context of facility maintenance, it refers to the examination of machinery and buildings using any or all of the five basic human senses—sight, sound, touch, and smell—as well as any general inspection tools. Inspections using ultrasonic, x-ray, infrared, or other specialized equipment are not normally regarded as visual inspections because they demand for specific tools, training, and certification. According to research on the visual inspection of tiny integrated circuits, experienced inspectors' trained eye fixations typically lasted 200 milliseconds (ms). The fastest and most accurate inspectors had the fewest eye fixes.
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A rise in the domestic real interest rate would cause a ________ in net exports and a ________ in the exchange rate.
A rise in the domestic real interest rate would cause a fall in net exports and a RISE in the exchange rate.
In general, businesses and consumers spend less when interest rates are high. This is because borrowing money costs more when interest rates are high. As a result, companies frequently turn to the stock market to raise money, which can cause stock values to decline.
An increase in interest rates causes the local currency to appreciate. In comparison to domestic goods and services, import prices decline. Exports see a decline in profitability and competition. Exports decline while imports rise, reducing the net export portion of total demand and spending.
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O'boyle co.'s fixed costs are $256,000, the unit selling price is $36, and the unit variable costs are $20, what is the break-even sales (units)?
16,000 units, is the break-even sales.
Break Even Sales = Fixed Cost/ Selling Price - Variable Costs
Break Even Sales = $256,000/$36-$20
= $256,000/$16
= $16,000
What are Break-even Sales?A break-even sale is a moment in sales where businesses are able to recoup both fixed and variable expenses, such as the cost of supplies, building and equipment leasing, advertising expenses, and staff salaries and wages.
In plain English, break-even sales are a point in sales where a business is neither making profits nor losing money. Businesses determine their break-even sales in order to analyze the link between variable costs, fixed costs, and the income realized from the sale of the items. Comparatively speaking, a company with low fixed and variable costs will quickly achieve the break-even sales point as opposed to a company with high fixed and variable costs of production.
Thus, the answer to the given question is 16,000 units.
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The fact that the company had cycled through so many owners who did not invest in the brand is an example of a(n)?
The fact that the company had cycled through so many owners who did not invest in the brand is an example of a(n) weakness
This is further explained below.
What is weakness?Generally, A flaw may be shown by the fact that the firm has gone through a large number of owners, all of whom have refrained from making investments in the brand.
In conclusion, A deficiency exists due to the fact that the firm has been owned by a large number of different people, none of whom have put any money into the brand.
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complete question
The fact that the company had cycled through so many owners who did not invest in the brand is an example of a(n)
1. challenge
2. threat.
3. strength
4. weakness
5. opportunity
A market is a segment of potential consumers who share a common need or want.
a. true
b. false
It is true that the market is a segment of potential customers who share a common want or need. So, option (a) is true.
A market is a segment of potential consumers who share a common wants or needs. A market is a place where people can buy things according to their needs and wants. Markets offer different products to people so that people can get what they want and consumers or sellers can earn profit. A market segment is a group of people who shares one or more common characteristics for marketing purpose.
Based on customers having similar needs, consumer groups are a marketing strategy to identify a product and present it according to their interests.
Four main types of market segmentation are:
DemographicsPsychographicGeographicBehavioralYou can learn more about market segment at
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The ________ view calls for companies to develop low-cost, high-powered, resource-minimizing innovations that can be marketed to the billions of people living on less than a few dollars a day.
Base of the Pyramid.
The base of the pyramid view calls for companies to develop low-cost, high-powered, resource-minimizing innovations that can be marketed to the billions of people living on less than a few dollars a day.
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The present value of an annuity due is equal to the present value of a(an) ______ annuity multiplied by (1 r).
Answer:Ordinary
Explanation:
An economist is interested in predicting the unemployment rate based on gross domestic product. Since the economist is interested in predicting unemployment, the independent variable is gross domestic product. True or false?.
The answer is true, because it is one of the most common indicators used to track the health of a country's economy. The calculation of a country's GDP takes into account a number of different factors about that country's economy, including its consumption and investment.
Gross domestic product (GDP) is the total monetary or market value of all finished goods and services produced within national borders within a certain period of time. As a broad measure of overall domestic production, it serves as a comprehensive scorecard of a particular country's economic health. GDP is perhaps one of the most closely watched and important economic indicators for economists and investors as it is a representation of the total dollar value of all goods and services produced by the economy over a given period of time.
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In a pure command economy, the prices at which goods and services are sold are planned by the.
In a pure command economy, the prices at which goods and services are sold are planned by the the government or ruling authority .
A command economy is a principle point of a political system in which a central governmental authority forces the levels of production that are allowed and the prices that may be paid for goods and services. Most industries are owned by the public.
The principal alternative to a command economy is a free market economy where supply and demand determine prices and output.A communist political system includes a command economy, whereas capitalist countries have a free market.
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The shared announcements of organizational successes that build and reinforce common bonds among organizational members are the rites of?
The shared announcements of organizational successes that build and reinforce common bonds among organizational members are the rites of integration.
Rites of integration are defined because the planned social interactions that have a objective of achieving “a temporary sense of closeness” between customers and therefore the service providers. They involve the facilities such as the sharing of information by customers and employees that are extremely necessary for service production. The favorable evaluation, by the customers, of a service delivery process. We describe different types of rites that are the result in varying levels of involvement. The Rites of integration is also known as An event used to “rekindle” the connections among members of the community.
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A security analyst is reviewing the output of a web server log and notices a particular account is attempting to transfer large amounts of money:_____.
When the security analyst is reviewing the output of a web server log and notices a particular account is attempting to transfer large amounts of money, the type of attack is likely being conducted is (C). Session replay
How to illustrate the information?A security analyst establishes cybersecurity policies and procedures for the entire firm, defends computer networks from online threats, and records security lapses. Another significant component of a security analyst's job is security testing.
Your Digital Experience Monitoring (DEM) strategy can be modernized with the help of Session Replay, a potent tool. It can be used to graphically record and repeat every user's whole digital experience.
Replaying a user's experience using a website or mobile app is known as session replay. It records mouse movements, clicks, and page scrolling. Then it produces a video in the walkthrough format that demonstrates what the user accomplished while utilizing your website or app.
Therefore, when the the security analyst is reviewing the output of a web server log and notices a particular account is attempting to transfer large amounts of money, the type of attack is likely being conducted is Session replay.
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A security analyst is reviewing the output of a web server log and notices a particular account is attempting to transfer large amounts of money:
Which of the following types of attack is MOST likely being conducted?
(A). SQLi
(B). CSRF
(C). Session replay
(D). API
When an organization is using a turnaround strategy, its human resource managers need to be involved in?
Decreasing the size of the organizations workforce is the turnaround strategy used by an organization human resource managers .
What is turnaround strategy ?
A turnaround plan involves restructuring or turning the company's current strategy on its head. Companies typically use this tactic when a unit or department is losing money or has been doing poorly for a while.
Underperformance may have a variety of causes. It's possible that the management isn't doing its job properly. Or perhaps a recessionary period is what the economy is going through. It's possible that consumer preferences and tastes have altered. Or a natural disaster might have struck the nation. Similar to this, the company can be dealing with a significant increase in input costs or the entry of new competitors. A financial or liquidity problem could also be present.
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Suppose that the extra cost to tim of a third glass of soda is zero because he's at a restaurant that gives free refills. according to the cost-benefit principle tim should?
Drink a third glass of soda if the extra benefit of doing so is positive.
What is Cost benefit Principle?According to the cost-benefit principle or cost-benefit relationship, the expense of including financial information in financial statements must not outweigh the value of that information to users. Financial information is not free, in other terms. Companies invest millions of dollars annually in collecting and organizing financial data to put together financial statements.
Investors and creditors would prefer to have as much information as they can about a company. Unfortunately, the cost of this degree of openness would be prohibitive for the business. Some financial data, such as the amount of money Apple spends allowing visitors to tour its headquarters, is not particularly useful to external consumers.
The cost-benefit principle is a common sense guideline, essentially. Does gathering this financial data to include it in financial statements make sense, the management may inquire. Is the benefit to the users greater than the cost of acquiring this information? In essence, are users' needs strong enough to justify the cost of obtaining this information? If the answer is affirmative, the business may decide not to include the information in the financial statements.
Thus, Option A) Drinking a third glass of soda if the extra benefit of doing so is positive, is the correct answer.
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Complete question:
Suppose that the extra cost to Tim of the third glass of soda is zero because he's at a restaurant that gives free refills. According to the Cost-Benefit Principle Tim should:
A. drink a third glass of soda if the extra benefit of doing so is positive.
B. drink a third glass of soda.
C. drink a third glass of soda if his total benefit from drinking soda is positive.
D. not drink a third glass of soda.
If you wanted to understand the overall profitability of a company, you would study the _______ section of the marketing plan.
If you wanted to understand the overall profitability of a company, you would study the Financials section of the marketing plan.
This is further explained below.
What is the marketing plan.?Generally, There is a possibility that a marketing strategy will be included in an overall company plan.
To ensure that one's objectives are met, an effective marketing strategy must serve as the basis of an organized and detailed marketing plan.
A marketing plan could include a to-do list, but if it does not have a solid basis in terms of strategy, it is not going to be of much help to a company.
In conclusion, You should read the portion of the marketing plan under "Financials" if you are interested in gaining an understanding of the total profitability of a firm.
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During world war ii, many factories were converted from producing consumer goods such as cars to producing munitions. What is this an example of?.
This is an example of Shift in market demand.
Demand and supply curves are two things in economics that cannot be separated. Both have an important role in describing supply and demand which is useful for business strategies such as pricing. supply curves and demand curves can shift. The demand curve is a picture of the relationship between price and quantity demanded by consumers.
The demand curve has a function as an estimate of behavior in a competitive market. There are several factors that can affect the price of goods or services and consumer demand. These factors must be considered by businesspeople so that their business always competes in the market.
The demand curve is a description of the law of demand which reads "if the price of goods or services falls, the demand from consumers will increase". This law is of course inversely proportional to the supply curve. However, an example of a demand curve will serve as a determinant of the price of the goods or services you sell according to the existing demand.
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Many companies perform lengthy inspections of their suppliers that involve long-term visits and evaluations. there programs are often called?
Many companies conduct extensive supplier inspections that require repeated visits and assessments. These programmes are frequently known as Supplier certification program .
What is Supplier certification program ?
The supplier certification is a component of a bigger supplier quality management plan. In essence, it's a procedure that enables the company to manage its connection with its suppliers so that they work together as a single unit to provide value for all stakeholders. The supplier certification outlines the minimal standards that the provider must meet in order to be hired. Continuous improvement is the goal of this procedure. It facilitates the process of finding suppliers who can meet the needs of the business.It makes it possible to acquire an accurate assessment of the suppliers' potential, enabling wise and secure financial and investment decisions.Utilizing supplier certification also makes it possible to bypass procedures like inspection. It establishes regulations and uniform procedures for managing suppliers.To know more about Suppliers certification visit:
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Oligopolies are comprised of ______. multiple choice question.
a. hundreds of large producers
b. a few large producers
c. thousands of large producers
d. one large producer
(b). A few large producers.
Oligopolies are comprised of a few large producers.
An oligopoly is a market structure with not many firms, none of which can keep the others away from having an enormous effect. The center extent appraises the slice of the pie of the greatest firms.
A monopoly market with a single maker, a duopoly has two firms, and an oligopoly comprises at least two or more firms. There is no exact furthest cutoff to the number of firms in an oligopoly, however, the number should be low and adequate that the activities of one firm essentially impact the others.
This market comprise four main characteristics are:-
Not many Firms with an Enormous Piece of the pie.
High Obstructions to Passage.
Interdependence
More Effective.
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In its simplest form, ___________ represents streams of raw facts with limited usefulness until organized.
In its simplest form, Data represents streams of raw facts with limited usefulness until organized.
What is the data in the examination description?
Research data is any knowledge that has been collected, observed, generated, or finished to validate original research findings. Although usually digital, analysis data also includes non-digital designs such as laboratory notebooks and diaries.
Why is data so essential?
Data allows organizations to more actually determine the cause of problems. Data allows communities to visualize relationships between what is occurring in different locations, divisions, and systems.
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___________________ usually have greater financial strength than do other forms of business organizations.
Corporations usually have greater financial strength than do other forms of business organizations.
Commercial enterprise is the interest of making one's living or being profitable by using producing or shopping for and selling products. it is also "any interest or business enterprise entered into for earnings.
A commercial enterprise is described as a corporation or enterprising entity engaged in business, business, or expert activities. organizations can be for-earnings entities or non-earnings businesses. commercial enterprise sorts a variety from limited legal responsibility agencies to sole proprietorships, businesses, and partnerships.
The definition of business is a profession or trade and the acquisition and sale of services or products to make an income. An instance of enterprise is farming. An instance of commercial enterprise is a house sale.
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Underpinning many retributive views of capital punishment is a kantian emphasis on?
He exemplifies Pure retributivism about capital punishment, He claims that a murderer killing someone with an intense offense should be punished till death.
In this Idea of Kant, we came to know that he imposes capital punishment to deliver justice to all the citizens equally.
One who has committed sin must be punished.Murderers should be punished with death.Retributivism's idea is to deliver the same as what he has performed.Its main idea is to provide the baseline equality which doesn't exist in society anymore.Utilitarian Idea of punishment is about that they say, as punishment causes serious health and also due to punishment one suffers therefore punishment is wrong.
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_______ can be done at three levels: product attributes, benefits, and beliefs and values.
"Brand positioning" can be done at three levels: product attributes, benefits, and beliefs and values
What is Value?
Value or Business value is a colloquial term used in management that refers to all types of value that affect the long-term health and prosperity of the company. Business value includes additional types of value, such as employee value, customer value, supplier value, channel partner value, alliance partner value, managerial value, and social value, in addition to economic value (also known as economic profit, economic value contributed, and shareholder value). Numerous of these types of value cannot be quantified in monetary terms. Intangible assets that are not necessarily attributed to any particular stakeholder group can comprise business value. Examples include a company's business model and intellectual property. One of the most widely used techniques for assessing and maintaining corporate value is the balanced scorecard methodology. look at Business value.
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The ____ encompasses the entire telephone system, from the wires that enter homes and businesses to the network centers that connect different regions of a country
The pstn encompasses the entire telephone system, from the wires that enter homes and businesses to the network centers that connect different regions of a country.
What is pstn ?Infrastructure and services for public communications are provided by the public switched telephone network (PSTN). The PSTN is the collective name for all circuit-switched telephone networks in use today, whether they are run by global, regional, or local telephony providers. These include phone lines, fiber optic cables, microwave transmission links, cellular networks, communications satellites, and undersea telephone cables. Switching centers connect all of these, enabling communication between the majority of telephones.
Initially a network of fixed-line analog telephone systems, the PSTN is now almost fully digital in its core network and includes mobile and other networks in addition to fixed lines.
The PSTN operates in accordance with ITU-T standards on a technical level. These standards provide seamless network interoperability between various networks in various nations.
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Which characteristic of a phospholipid contributes to the fluidity of the membrane?.
The saturation level of the phospholipids' fatty acid tails is one of their properties that governs membrane fluidity. A plasma membrane is expected to be less fluid if it has more saturated fatty acid tails in the phospholipids.
The plasma membrane is the outermost, envelope-like membrane or structure that encloses the cell and its organelles. The phospholipid bilayer is a double-membraned cell organelle that can be found in both bacterial and eukaryotic cells. The plasma membrane serves as the barrier and is selectively permeable in all live cells, allowing the entry and exit of specific molecules.
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If a $2 excise tax is collected from pumpkin buyers on each pumpkin sold, then the demand curve for pumpkins will shift __________ by $2, thereby _________ the equilibrium price.
If a $2 excise tax is collected from pumpkin buyers on each pumpkin sold, then the demand curve for pumpkins will shift Leftwards by $2, thereby Decreasing the equilibrium price.
Demand Curve
A demand curve in economics is a graph that shows the relationship between the cost of a given good and the amount that is desired at that cost. Demand curves may be applied to both the price-quantity connection for a single customer and the price-quantity relationship for all consumers in a given market.Is the demand curve going down or up?Slopes downhill
A demand curve often has a downward sloping shape, as previously mentioned. The demand curve for the majority of items, if not all of them, follows this rule. Rare instances of products with upward-sloping demand curves may exist. A Giffen good is one with an increasing slope on the demand curve.To Learn more about Demand Curve, Click the links,
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Alex decided to spend an hour drying her hair rather than studying. her opportunity cost is:______. group of answer choices
The opportunity cost of Alex's decision to spend an hour drying her hair instead of studying is the improvement in her grades from an hour of study.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible opportunities lost when a company or person selects one investment over another. The difference between the anticipated returns of each alternative is all that needs to be considered when estimating an opportunity cost. The determination of a company's capital structure involves opportunity cost analysis in a significant way.
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A sale on account would be recorded by:________
a. debiting revenue.
b. crediting assets.
c. crediting liabilities.
d. debiting assets.
A sale on account would be recorded by: Debiting revenue.
A sale is the sale of goods or services or a discount. An example of a sale is the sale of a new home. An example of a sale is a 50% discount on all jeans in a store. If your store is on sale, your items will temporarily be priced lower than normal. The store can say that the product is "on-sale". " The word sales comes from the Old English sala of Germanic origin.
Sales play a key role in building loyalty and trust between customers and companies. Trust. And loyalty is the main reason customers recommend your company to friends, and family, or write great reviews of your products and services online.
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Current assets plus current liabilities equals net working capital. True or false
Answer: false
Explanation:
CA minus CL equals NWC
