if a nonbinding price floor is imposed on a market, then the quantity sold will stay the same.
Here are the options of this question:
then the a quantity sold in the market will stay the samequantity sold in the market will decreaseprice in the market will increaseprice in the market will decreaseA price floor is when the minimum price for a good or service is set by the government or an agency of the government. Price floor is usually set for agricultural products. This is done to encourage suppliers of goods and services.
Types of price floor
Binding price floor: this is the price floor that is set above equilibrium price. When the price floor is binding, the supply of a good would increase. Non-binding price floor: this is the price floor that is set below equilibrium price. When the price floor in nonbinding, there would be no change in supply.An example: If the price of a good is $10. The equilibrium price is $12. If the government sets the price as $14. This is a binding price floor. If the price is set below $12, it is a nonbinding price floor.
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Stan’s savings account has a balance of $2257. After 5 years, what will the amount of interest be at 10% compounded quarterly?
a.
$1432.36
c.
$112.85
b.
$1446.36
d.
$1441.36
Answer:
b
Explanation:
Answer:
1441.36
Explanation:
got it right on edge
What is missing from this goal that is preventing it from being a SMART goal?
Goal: I want to be successful right after high school by getting a job.
This goal is NOT
O Specific
0 Measurable
O Attainable
O Relevant
O Timely
an uber ride is considered a ________ because of its intangible nature.
Answer: Service
Explanation: It is intangible and it is offered to you and performed by someone elese
Jim lost his job in a car assembly factory to a robot and his skills will no longer be needed. Which terms can be used to describe Jim? Check all that apply.cyclically unemployeddomestically unemployedfrictionally unemployedstructurally unemployedstill employedunemployed
When Jim lost his job, he became unemployed and structurally unemployed.
A person is unemployed if he is within the working age, is willing and able to work but does not have a job.
Types of unemployment
Structural unemployment: this type unemployment occurs when the skills a person has is no longer relevant in the economy. It occurs as a s result of changes in the economy. For example, technological advancement can make a person's job redundant.Frictional unemployment: this type of unemployment occurs from when a person leaves his current employment gets another job. Voluntary unemployment: a person decides not to work. For example, a factory worker might decide to stop working in order to become a fulltime student. Cyclical unemployment: it occurs as a result of fluctuations in the economy.
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True Stories Company sold the rights to a documentary film. They are expecting significant revenue in Year 1. The revenue stream is expected to decrease steadily until it reaches zero in Year 5. Based on this Which depreciation method should be used to most closely match the expense to the revenue stream the asset produces
The best depreciation method for this company is the double-declining-balance
In economics, depreciation occurs when a product gradually loses its value. The most common causes of depreciation are:
The product becomes obsoleteWear and tear of the productThe product's popularity decreasesMoreover, there are different methods to understand this decline in value that include:
Double-declining balanceStraight lineUnits-of-productionThe double-declining balance method implies depreciation is not constant over the years but as years pass the depreciation increases. This method applies to True Stories Company because it is expected the documentary film becomes less and less popular every year, and therefore depreciation is accelerated not constant.
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a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?
you are the ceo of internet provider commcore communications. it has come to your attention that a school district nearby your headquarters is underpreforming academically and has unmet needa. the district superintendent is seeking help from local companies. You have called a meeting of the board of directors to discuss a llan to addist the school. breifly describe your plan to help.
Prompt
What is debt?
Answer:
debt is when you spent more money than you had
Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words, discuss how you have personally benefited from trade and provide at least 2 examples. Identify 1 positive impact of trade on your life and 1 way that you have been negatively impacted also.
Answer:
Throughout my home, there are many objects that were made in many different places. These objects, though they may seem pedestrian, are highly significant in their ability to help and serve. One of these objects includes my television. This trade occurred at Best Buy, where I gave $5,000 U.S dollars in turn for a continuous flow of information. I have since been positively impacted, as I am always aware of my surroundings (I.e. news) and I can keep up with the latest shows. Another example is my refrigerator. My refrigerator allows me to, once again, connect to the internet and keep in touch with those around me. This product has also impacted me, as it makes life much easier. When at the grocery, I am able to search on my phone and look inside to see what I may, or may not, need.
Explanation:
A mutual fund Select one: a. is an institution that sells shares to the public and uses the proceeds to buy a selection of various types of stocks, bonds, or both stocks and bonds. b. is a financial market where small firms mutually agree to sell stocks and bonds to raise funds. c. sells stocks and bonds on behalf of small and less known firms who would otherwise have to pay high interest to obtain credit. d. is funds set aside by local governments to lend to small firms who want to invest in projects that are mutually beneficial to the firm and community.
Answer:
c
Explanation:
sells stocks and bonds on behalf of small and less known firms who would otherwise have to pay high interest to obtain credit. d. is funds set aside by local governments
Jacqui decides to open her own business and earns $90,000 in accounting profit the first year. When deciding to open her own business, she withdrew $20,000 from her savings, which earned 3 percent interest. She also turned down three separate job offers with annual salaries of $30,000, $40,000, and $45,000. What is Jacqui's economic profit from running her own business
Jacqui's economic profit from running her own business is: $44,400
Using this formula
Economic profit =(Accounting costs - Implicit costs)
Where:
Accounting profit = $90,000
Implicit costs=($20,000 x 3%) + $45,000
Let plug in the formula
Economic profit=$90,000-[($20,000 x 3%) + $45,000]
Economic profit=$90,000-($600+$45,000)
Economic profit=$90,000-$45,600
Economic profit=$44,400
Inconclusion Jacqui's economic profit from running her own business is: $44,400
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ballot measures sponsored by businesses or business groups are much more likely to pass than those initiatives sponsored by citizen groups.
Ballot measures that are sponsored by businesses or business groups are indeed more likely to pass than those brought by citizen groups. This is therefore a true statement.
Ballot measures by business and business groups have a higher chance of becoming law because:
Businesses will fund the measure better which ensures greater reach Businesses have greater influence than individual citizensAs a result of businesses being able to fund their measures more. They will advertise it across the area which will increase its chances of being voted for. Businesses can also mobilize more people to vote for the measure than individual citizens.
In conclusion, ballot measures by businesses have a better chance of passing.
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Suppose your expenses for this term are as follows: tuition: $5,000, room and board (housing and food): $6,500, books and other educational supplies: $1,500. Further, during the term, you can only work part-time and earn $4,000 instead of your full-time salary of $14,000. What is the opportunity cost of going to college this term, assuming that your housing and food expenses would be the same even if you did not go to college
Answer:
so the total expenses would be $13,000
you made $4,000
that would leave us with $9,00
to answer your question, it would be:
$13,000
- $5,000
--------------
$8,000
$8,000
-$4,000
-------------
$4,000 total!
Explanation:
please mark brainliest if correct <3
Literary techniques are ineffective when it comes to speeches.
- True
✅False
Answer: False? looks like u got it right
Explanation:
Which of the following is an example of an economic good?
a. Sunlight
b.Air Petrol
c.None of the above
Answer:
A) sunlight
Explanation:
solar energy... reusable and efficient
please mark as brainliest
Answer:
Sunlight
Explanation:
List five internal factors that influence a sales forecast.
Answer:
The internal factors such as plant capacity, quality, price, advertisement policy, resources, etc., of the enterprise affect the sales forecasting of the enterprise.
Explanation:
These factors can very well be controlled by the business enterprise itself.
when the supreme court judges vote unanimously on a case, this usually indicates a _____ model of decision-making.
money that has been spent and cannot be recovered is known as costs.
A sunk cost is money that has already been spent and cannot be recovered. In business, the axiom that one has to "spend money to make money" is reflected in the phenomenon of the sunk cost.
What is Sunk Cost?Sunk Costs are those costs that cannot be recovered by any means, i.e., money, once invested, is gone forever.
They should not be considered for making any future decisions like whether to continue the investment or not, as these costs cannot be recovered, and decisions should only be made based on relevant costs.
Sunk costs are considered fixed costs, but remember that all fixed costs are not considered sunk costs.
One simplest example of sunk cost is employees working on a probation period. You have paid a joining bonus to the probationer, but the results aren’t satisfactory, so you terminate the probation contract and fire the probationer from their job. The joining bonus is considered a sunk cost, as you won’t be seeing it again.
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Money that has been spent and cannot be recovered is known as sunk costs.
What is sunk costs?Sunk costs are sometimes called a retrospective cost, referring to an investment already incurred that can’t be recovered. Examples of sunk costs in business include marketing, research, new software installation or equipment, salaries and benefits, or facilities expenses. By comparison, opportunity costs are lost returns from resources that were invested elsewhere.
Economists suggest that, in theory, sunk costs are not relevant to future decision-making. In practice, however, sunk costs can and do significantly influence decisions about the future. This is largely because it’s psychologically challenging to let go of previously invested time, effort, or financial resources even if the outcome of those investments fails to meet expectations. A sunk cost refers to money that has already been spent and cannot be recovered.
A manufacturing firm, for example, may have a number of sunk costs, such as the cost of machinery, equipment, and the lease expense on the factory.
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Another term for a checking account is a time deposit.
True
Or False
Answer:
False because you only go and check your account you don't deposit anything only if you want
What is an accountant
what do they do for a living
Answer:
An accountant is a professional who is responsible for keeping and interpreting financial records. Most accountants are responsible for a wide range of finance-related tasks, either for individual clients or for larger businesses and organizations employing them
Explanation:
Business studies i need to fill it out
Answer:
Be completely honest.
Explanation:
what is the interest rate charged per period multiplied by the number of periods per year called?
Amelia has laid the groundwork for a fledgling business and is considering incorporating. Which of the following is a valid concern that she might have?(1 point) Please help!
Incorporated businesses are legally recognized outfits. A valid concern that Amelia will have when considering incorporating her business is;
C) The regulations will be more burdensome than in other business structures.Incorporating a business entails making the business legally recognized. This would involve lots of paper works and rules.
Incorporated businesses can sue and be sued. Therefore, they must be careful in the decisions they make. This is not the case with non-incorporated businesses.
Unincorporated businesses include sole proprietorships and partnerships. They have more freedom and are not really legally liable.
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Here are the options:
A) Acquiring financing as a corporation will be much more challenging than it is for other business structures.
B) Incorporating comes with an increase in liability compared to other business structures.
C) The regulations will be more burdensome than in other business structures.
D) The corporation will only last as long as she is able to work
Answer:
The regulations will be more burdensome than in other business structures.
Explanation:
How do you know, as a consumer shopping for a product, whether goods are in
short supply or are readily available?
Answer:
Prices act as a signal that tells producers and consumers how to adjust. Prices tell buyers and sellers whether goods are in short supply or readily available. The price system is flexible and free, and it allows for a wide diversity of goods and services.
Explanation:
As a consumer shopping for a product, you can determine whether goods are in short supply or readily available by checking online availability, reading customer reviews, monitoring price fluctuations, and staying informed through industry news and customer service representatives.
As a consumer shopping for a product, there are several ways to determine whether goods are in short supply or readily available. Firstly, you can conduct online research by checking the product's availability on various e-commerce platforms or the official website of the brand or retailer. Reading customer reviews and ratings can also provide insights into the availability of the product. Additionally, monitoring price fluctuations can give an indication of supply and demand. If the price is stable or discounted, it suggests that the product is readily available. On the other hand, if the price is increasing or there are limited-time offers, it may indicate a shortage. Furthermore, keeping an eye on promotional activities, such as sales or limited edition releases, can provide clues about the availability of the product. Lastly, staying informed through industry news, subscribing to product alerts, or reaching out to customer service representatives can help you stay updated on the availability of the goods you are interested in purchasing.
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________ is the process of examining data sets in order to draw conclusions about the information they contain.
Answer:
Data analytics
Explanation:
the journal entry to record the issuance of a note for the purpose of converting an existing account payable would be
Answer: The journal entry a company uses to record the issuance of a note for the purpose of converting an existing account payable would be debit Accounts Payable; credit Notes Payable.
Explanation:
the journal entry to record the issuance of a note for the purpose of converting an existing account payable will have Accounts Payable as well as Notes Payable.
What is a journal entry?A journal entry is an act of recording any action, whether one that is economic or not. Multiple observations, which are each otherwise a debit or a positive, may be included in the diary entry.
The information necessary to record a single business arrangement is contained in a journal entry, which also includes the date, the sum to be credited , debited, a short explanation of the operation, and the accounts involved.
The entry must result in increased with in Note Payable liability as well as a reduction inside the Accounts Payable liability. Debit Account Receivables; credit Notes Payable is really the journal entry that a business use to document the issuing of a comment for the objective of transforming any existing account payable.
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Tristen, who is from Poland, is told by one of his coworkers that he is left out of conversations because he will not understand American phrases. This is an example of
a ethnic discrimination
b LGBTQ discrimination
c racial discrimination
d religious discrimination
Answer:
a
Explanation:
we arent told any other details apart from that he is from Polish, so it's the logical answer
Answer: A
Explanation:
Ethnic discrimination, the behavioral manifestation of racism, is defined as "unfair, differential treatment on the basis of race or ethnicity
when the money market is drawn with the value of money on the vertical axis, if the price level is above the equilibrium level, there is an
Answer:
There will be an increase in the price level.
Explanation:
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why will the coefficient for the price elasticity of demand always be a negative number?
The coefficient for the price elasticity of demand is normally negative because the demand curve is downward sloping.
Price elasticity of demand:
Shows how quantity demanded changes as a result of a change in price Is calculated by dividing the change in quantity demanded by the change in priceFor normal goods, an increase in price leads to a decrease in quantity demanded. This is why the demand curve is downward sloping. If price goes up, quantity demanded will go down.
This change in quantity demanded will be shown as a negative number which means that when it is divided by the change in price, the price elasticity coefficient will be negative.
In conclusion, the price elasticity coefficient is usually negative because the demand is negative when prices increase.
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who determines how much utility an individual will receive from consuming a good?
Answer:
Individuals are the only judge of their own utility. In general, greater consumption of a good brings higher total utility. However, the additional utility received from each unit of greater consumption tends to decline in a pattern of diminishing marginal utility.
