Under perfect competition, any profit-maximizing producer faces a market price equal to its Marginal cost.
A perfect competition, often referred to as an atomistic market, is defined by various idealizing criteria, which are together referred to as perfect competition, or atomistic competition, in economics, specifically general equilibrium theory.
Any business that seeks to maximize its profits must contend with a market price (P = MC) that is equal to its marginal cost. This suggests that the price of a factor is equal to its marginal revenue product. It enables the supply curve, on which the neoclassical approach is based, to be derived. A monopoly does not have a supply curve for the same reason. Except in very limited circumstances like monopolistic competition, the abandoning of price taking makes it extremely difficult to demonstrate an universal equilibrium.
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The most important factor for developing and reinforcing a high-integrity work culture is:______
The most important factor for developing and reinforcing a high-integrity work culture is hiring ethical job applicants.
What is high integrity work culture?
Respect and honesty are only two aspects of integrity in work. Employees that work for a company with a genuine culture of integrity take their commitments seriously, take initiative when they don't know what to do with their duties, and are ultimately responsible for the outcomes. As a result, the firm thrives.
Reviewing resumes and job applications for the knowledge, skills, and abilities required to carry out the job assignment is a regular part of the recruiting process.
Ethics are frequently assumed or disregarded.
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The ex-dividend date is defined as _____ business day(s) before the date of record.
One business day before the date of record.
What is meant by dividend ex-date?The ex-dividend date determines which shareholders will receive the announced dividend of the company on that specific date. It is the day when the stock of the company goes ex-dividend, meaning the stock from that day does not carry the value associated with its next dividend payment. The ex-dividend date for a stock is one business day before the record date, meaning that an investor who buys the stock on its ex-dividend date or later will not be eligible to receive the declared dividend.To learn more about Ex-data, refer
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Because income measurement involves ________, net income from different companies may not be able to be compared directly.
When is a residential sale exempted from the property condition disclosure requirement?
If the property is brand-new or its value is less than 5% of the value of the property being sold, no disclosure is required.
Let's say the land is a 200-acre ranch. There is a small hut on the property that adds very little value despite being on outstanding real estate. No disclosure is necessary if the value of that structure is less than 5% of the total value of the real estate being sold.
Disclosures for Residential Property TransfersThe California Civil Code's significant disclosures are covered in this section (commencing at Section 1102). These rules apply to the sale, exchange, installment land sale contract, ground lease paired with improvements, lease with an option to purchase, or any other option to purchase of real property of one to four dwelling units, subject to the exclusions set out below.
The terms "seller" and "buyer" or "purchaser" refer to the transferor and transferee, respectively, in this discussion. The term "transaction" refers to the sale or transfer of the property.
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Most standard portfolio analysis methods evaluate strategic business units (sbus) on their performance in two important dimensions. what are these two dimensions?
Most standard portfolio analysis methods evaluate SBUs on two important dimensions:-The attractiveness of the SBU's market or industry. The strength of the SBU's position in that market or industry.
What is Portfolio Analysis Method ?The majority of common portfolio analysis techniques assess SBUs based on two key criteria:-
The attractiveness of the SBU's market or industry the SBU's position in that market or sector's strength.
How does the portfolio analysis method work?In strategic management, portfolio analysis comprises examining every facet of the product mix in order to identify and assess all product or service groups that the firm offers on the market.
It also requires developing in-depth growth strategies for each element of the product mix. It may also be used to choose strategic business divisions for such selections. The fundamental objective of portfolio analysis in strategic management is to allocate resources as efficiently as possible among the many business activities that make up a varied company portfolio.
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A free market is a market with ________ government restrictions on how a good or service can be produced or sold and with ________ government restrictions on how a factor of production can be employed.
A free market is a market with few government restrictions on how a good or service can be produced or sold and with few government restrictions on how a factor of production can be employed.
What is free market?
A free market is an imagined ideal illustration of an economy in which the expressions of supply and demand by sellers and buyers determine the prices of goods and services. Models suggest that these markets run smoothly without the assistance of any external authorities, including the government.
Therefore,
A free market is a market with few government restrictions on how a good or service can be produced or sold and with few government restrictions on how a factor of production can be employed.
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In vertical dyadic linkage theory, leaders mostly use position power to influence?
In vertical dyadic linkage theory, leaders mostly use position power to influence "out-group members."
What is vertical dyadic linkage theory?The Leader-Member Exchange Theory (LMX), also known as the Vertical Dyad Linkage Theory, explains how leaders keep their place in groups and also how relationships develop with other team members that can help or hinder growth.
Some key features regarding the vertical dyadic linkage theory are-
The Vertical Dyad Linkage Model describes the dynamics of leaders' relationships with their group superiors, or members. It means that two types of bonds develop and divides them into two subgroups. The inner circle of the leader is the in-group. Its members are entrusted with greater levels of responsibility and impact over the leader's decision-making. The in-group has better access to resources as well. Individuals who have failed to gain the leader's favor make up the out-group. They have less say in the leader's decisions, as well as less responsibility and access to resources. Although the theory provides useful insights into the factors that influence relationships among leaders and subordinate members of the group, it falls short in a number of significant ways.To know more about Leader-Member Exchange Theory (LMX), here
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Part of the problem with the housing crisis that started in december 2007 was that even though marketers were using sound marketing approaches, many were doing so in a(n) ______manner
Part of the problem with the housing crisis that started in december 2007 was that even though marketers were using sound marketing approaches, many were doing so in an unethical manner
How do you explain unethical?Something that is "illegal" is something that violates the law, whereas something that is "unethical" is something that is ethically wrong. The law serves as the deciding factor in an illegal act. The man's own conscience serves as the decisive factor in cases of unethical behavior.
While an unethical act may be against morality, it may not be illegal. Behavior that is unethical has negative effects on both people and organizations. You might lose your job and reputation, businesses might lose their credibility, morale and production might drop, or the behavior might lead to hefty fines and/or financial losses.
In this case, the housing crisis that started in December 2007 where marketers were using sound marketing approaches was unethical as it was against the required norms.
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Environmentalists are concerned that free trade encourages large multinational companies to?
Environmentalists are concerned that free trade encourages large multinational companies to:
Promote new types of economic activityRestructure economic value so that environmental conservation is market-rewardedWhat is a Free Trade?A Free Trade policy does not regulate imports and exports.
It is sometimes referred to as the free market notion in international trade. No tariffs, quotas, or other limitations exist when goods and services can be bought and sold freely across countries or sub-national territories.
A Free Trade policy, on the other hand, may simply refer to the absence of any trade restraints. A government does not need to adopt any specific actions to promote free trade. Governments with Free Trade Agreements or policies do not necessarily abandon all import and export regulation or eliminate all protectionist measures. Few free trade agreements (FTAs) in modern global trade result in completely unfettered trade.
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Bill is concerned about his year-end tax payments. what are some options that are available to him to lessen his concerns?
The correct answer is “Bill can -
a) increase the amount of tax deducted from each paycheck
b) file quarterly tax payments”.
One may use the following tax year: a twelve-month period starting on January 1 and ending on December 31 is known as a calendar year. Twelve consecutive months that conclude on the final day of any month, excluding December, constitute a fiscal year.
What do you mean by "tax payment"?Tax Payments are cash payments made by or on behalf of the borrower and its consolidated subsidiaries for federal, state, municipal, and international income taxes and assessments, as well as all related interest, penalties, and charges.
One of the top development priorities is tax and fee collection. Setting the appropriate pricing incentives for consumers and companies, financing investments in human capital, infrastructure, and the delivery of services to residents and businesses.
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What is paulie's opportunity cost of producing one cup of ice cream (round to two decimal places)?
Paulie's opportunity cost of producing one cup of ice cream is 8.5 t-shirts.
What is the opportunity cost?The potential benefits that a person, investor, or business forgo while choosing between two possibilities are known as opportunity costs. Opportunity costs can be easily disregarded since they are by nature invisible. Understanding the potential opportunities missed when a business or individual chooses one investment over another is necessary for making wiser decisions.
To accurately calculate opportunity costs, it is necessary to balance the benefits and drawbacks of each option.
Opportunity costs have a value that can assist individuals and organizations in making more profitable choices.
Here, the opportunity cost for Paulie for ice cream will be calculated by dividing 17 by 2 Thi will be:
= 17 / 2
= 8.5 t-shirts
Therefore Paulie's opportunity cost of producing one cup of ice cream is 8.5 t-shirts
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International trade decreases the demand for workers in domestic industries that?
International trade decreases the demand for workers in domestic industries that Real wages in several industries have been known to decline as a result of international trade, depriving a portion of the population of their wage income.
The amount of this impact may be greater than any potential effect resulting from wages, yet cheaper imports can also lower domestic consumer prices. Greater specialization and more effective resource management result from international trade, which frequently lowers prices, increases output, and boosts productivity.
When the volume of imports exceeds the volume of exports, international trade could, from an economic perspective, increase the debt of the nation. Thus, a nation needs to have a sound financial management system to guard against potential losses brought on by international trade.
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Seeking to dominate or to get your own way at the expense of others is known as:_________
a. assertive behavior.
b. nonassertive behavior.
c. aggressive behavior.
d. passive behavior.
Seeking to dominate or to get your own way at the expense of others is known as aggressive behavior
An aggressive worker frequently exhibits a level of intensity that can both speed up and effectively complete his job while also causing him to erupt and lash out at coworkers, managers, or customers. Aggressive workers may put the entire staff on edge and alienate clients from the establishment.
According to social psychology, aggression refers to any conduct or action intended to hurt a person, an animal, or cause physical injury to property. Here are a few instances of aggressive behavior: physical harm. screaming, cursing, and foul language. spreading rumors or talking negatively about a classmate.
"Any occurrence in which employees and other individuals are abused, threatened, or assaulted at work" is the definition of aggression in the workplace. According to this definition, a threat is any action or speech that makes someone feel as though they might be physically harmed.
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Goods can be categorized into durable, nondurable, consumer, and capital goods.
True or false
Answer: true
Explanation:
You are the project manager for a new project. you need to introduce project ground rules to the project team. how should you convey the project ground rules to the team?
A kickoff meeting is used to introduce team members and acknowledge the purpose of the project while discussing the project plan along with identifying the ground rules that are expected of the project members.
What is a kick-off meeting?Before work begins, there will be a kick-off meeting to get everyone acquainted. It guarantees that everyone begins with the same degree of knowledge and comprehension of the project, something that a Team Meeting doesn't really get.
This is your chance to introduce your staff to any customers or clients who may be engaged in the project, and vice versa. A kick-off meeting marks the beginning of a project in full. Your team's primary goal moving forward should be the project.
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Sec. 61 of the internal revenue code defines blank______ income as "all income, from whatever source derived."
Answer:
Section 61(a)(3) provides that, except as otherwise provided by law, gross income means all income from whatever source derived, including gains from dealings in property.
A(n)__________ is a formal agreement between two or more organizations to exchange goods, services, information, patents, and the like.
A(n) contract is a formal agreement between two or more organizations to exchange goods, services, information, patents, and the like.
What is contract?Contract can be defined as an agreement between two people or between two or more parties.
Parties in a contract must tend to agreed to the terms and conditions of the contract and abide by the terms and condition of the contract.
Therefore A(n) contract is a formal agreement between two or more organizations to exchange goods, services, information, patents, and the like.
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The components of an organization that can be seen and heard (such as office layout, dress, stories, and written material) are called ______.
The components of an organization that can be seen and heard (such as office layout, dress, stories, and written material) are called Visible artifacts.
What are visible artifacts?Visual artifacts is known to be a term that can be called artefacts.
They are said to be any form of anomalies apparent in course of visual depiction as seen in digital graphics and other kinds of imagery, mostly photography as well as microscopy.
Therefore, The components of an organization that can be seen and heard (such as office layout, dress, stories, and written material) are called Visible artifacts.
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Razor, inc. and tyros, inc., two automobile companies, merged, reducing the number of corporations competing within the automobile industry. this merger is an example of a:_________
Razor, inc. and tyros, inc., two automobile companies, merged, reducing the number of corporations competing within the automobile industry. this merger is an example of a horizontal merger.
How does a horizontal merger work?Any merger or corporate reorganization that takes place between businesses engaged in the same industry is referred to as a horizontal merger. Since businesses in the same industry frequently face more competition, merging businesses stand to benefit greatly from synergies and possible market share gains.
Due to larger businesses' attempts to establish more effective economies of scale, this kind of merger happens regularly. A vertical merger, on the other hand, happens when businesses from various links in the supply chain combine efforts to improve productivity or lower the cost of manufacturing. A corporation can achieve competitive benefits through a horizontal merger.
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Trina's bakery had 600 customers last year and this year, 400 of those customers still patronize the bakery. what is the retention rate at trina's bakery?
'Trina's bakery had 600 customers last year and this year, 400 of those customers still patronize the bakery. its retention rate is 66%.
A customer is an individual or business that purchases goods or services from another business. Customers are important because they drive sales. Without them, companies cannot continue to exist.
The definition of customer is a person who purchases products or services at a store, restaurant, or other retail establishment. An example of a customer is someone who goes to an electronics store and buys a television.
These are variables like Opportunity, Profit Desired, User Status, User Rate, Loyalty Rate, Readiness, and Consumer Attitude. These include loyalty, cost, purchase frequency, purchase quantity, timing, purchase decisions, and where customers purchase products.
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Megatrends are global trends that are becoming bigger and more widespread. what are some of the biggest megatrends that will affect hrm?
Megatrends are global trends that are becoming bigger and more widespread. some of the biggest megatrends that will affect him, All of the other choices are correct.
Global questions require a large number of events to be retrieved at the same time. Including many targets in one question will retrieve more events. Defining a variable outside a function makes it global by default. There is no need to use the global keyword. Use the global keyword to read and write global variables within a function. Using the global keyword outside a function has no effect.
The term global comprehension is related to extensive reading and the term local comprehension is related to intensive reading. It is instructive to elaborate on his two concepts of reading. Global comprehension is understanding a long text as a whole.
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Learning disabilities are usually recognized and diagnosed in grade school.
a. True
b. False
Answer:
a. True
Explanation:
Answer:
a. True
Explanation:
School is always to learn+ you do get grades all of that is true so the answer is true
A customer sells short 1,000 shares of abc stock at $2 in a margin account. the customer must deposit? a $1,000 b $2,000 c $2,500 d $5,000
In a margin account, a customer sells 1,000 shares of ABC stock short for $2. The client must make a $2,000 deposit. So, choice b is the correct answer.
The terms "shares" and "stocks" are frequently used interchangeably, although there is a distinction. Stock is a way of expressing equity ownership in a company. A share of ownership in a corporation is represented by a stock.
A share of stock, on the other hand, represents a portion of the company's ownership. How much of a stake you have in a company is based on the number of shares you possess. If a corporation has 100,000 shares of stock outstanding, and you hold 1,000 of them, you own 1% of the company's equity.
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If the present value of $280 paid one year from now is $250, what is the one-year discount factor?
The one-year discount factor is estimated as 0.89.
What is discount factor?In financial modeling, the term "discount factor" is most frequently used to calculate the future value of cash flows. It is a weighting factor (or even a decimal number) multiplied by future cash flow to arrive at the present value.
Now, as per the given question;
The present value = $280
The future value = $250
We can find a factor by adhering to the steps outlined below:
We already know the discounting rate that can be computed by dividing the present and future values by one and then subtracting one from the result.
We will obtain the discounting rate for one year.
Let d be the discount rate.
As a result, d = (Future value/Present value) - 1.
Substitute the values;
d = (280/250) - 1
d = 1.12 - 1
d = 0.12
The discounting factor is now possible to determined using the following formula:
1/(1+d) = discounting factor
To find the factor, we will enter the value of d.
Discounting factor = 1/(1 + 0.12)
= 1/1.12
Discounting factor = 0.89
Therefore, the one-year discount factor is estimated as 0.89.
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True or false: accounting provides financial information about a business or organization in order for interested parties to make decisions.
Accounting provides financial information about a business or organization in order for interested parties to make decisions. True.
What is accounting?Accounting can be described as the process of measuring, processing and communicating a firm's financial and non-financial information to interested parties that might be interested in the information.
Accounting enhances the decision making process of interested parties. Interested parties might include management of the firm, potential investors, customers and the government.
For example, a person is considering investing in a firm. Before making the decision to invest, the person would have to examine the financial statements of the firm to determine if they are profitable and a good match for their portfolio. Without accounting such information would not be available for the potential investor.
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A payday loan company charges 8.50 percent interest for a two-week period. what is the annual interest rate?
The annual interest rate is 2.21 or 221%
Given here, 8.50 percent interest for a two-week period.
On assuming there is total 52 weeks in a year then, the number of period per year is equals = Total no. of weeks / Interest for a week period.
No. of period per year = 26
Rate per period = 8.5% or 85/100 = 0.085
We know that, Annual percent rate = Rate per period × Number of period per year.
= 0.085×26
= 2.21 or 221%
Thus, the annual percent rate is calculated as 2.21%
The interest rate that is applied throughout a year is referred to as the annual interest rate. Interest rates may be imposed monthly, quarterly, or biannually, among other time frames. However, interest rates are annualised.
The degree of risk attached to the borrower directly relates to interest rates. In order to make up for the damage that use has done to the asset, interest is levied. Instead of making a loan or lending money, the lender could have invested the funds in another project.
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In the late 1920s, you could buy $10,000 worth of stock by putting down as little as:_________
In the late 1920s, you could buy $10,000 worth of stock by putting down as little as: $1000.
What is meant by a stock in finance?The term stock can also be referred to as what is called equity. This is the term that is sued to refer to the security that people would have from a particular issuing corporation. The purpose of the stock is to be able to give the owner a proportion of the assets of the particular company.
Hence we can say that In the late 1920s, you could buy $10,000 worth of stock by putting down as little as: $1000.
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Suppose that tim is unable to buy the posters separately, but can buy the bundle of all five posters for a total price of $500. what is his consumer surplus?
The consumer surplus is 4 posters, i.e. $400.
What is consumer surplus?The difference between the social valuation of a product and the price that was actually paid is known as the consumers' surplus, which is a measure of consumer welfare. It can be calculated using the size of a triangle that is above the reported price and below a demand curve.
A customer's excess benefit is measured economically by what is known as consumer surplus, or buyer's surplus. The equilibrium price, commonly referred to as the price at which consumers are willing to pay for a good, is used to calculate it.
Because customers would be prepared to pay the market price even at the lowest utility, the law of declining marginal utility states that a good's overall utility surpasses its total market value; any excess utility is referred to as consumer surplus.
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U.s. census bureau statistics indicate that approximately __________of public relations practitioners are women.
U.S. census bureau statistics indicate that approximately 63.6 percent of public relations practitioners are women.
This is further explained below.
What are public relations practitioners?Generally, The purpose of a practitioner of public relations is to assist individuals and organizations in gaining the approval of the general public.
This is accomplished by providing an explanation of the goals, objectives, and procedures of the company, as well as by building and maintaining a positive image of the organization.
The objective of the United States Census Bureau is to gather and distribute information that is accurate and up-to-date on the people, places, and economy of the United States.
In conclusion, Women make up around 63.6 percent of the workforce in the field of public relations, as shown by statistics published by the United States Census Bureau.
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Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called.
Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called commodity markets.
What is a Market?The trade of products and services can take place in a market, which is a gathering place for interested parties. Buyers and sellers are typically the parties engaged.
The market might be actual, like a physical store where people interact in person, or it could be virtual, like an online market, where there is no face-to-face interaction between buyers and sellers.
A market's essential elements include the presence of buyers and sellers, as well as a good or service that may be bought and sold. A market determines the costs of commodities and other services regardless of the situation.
Supply and demand dictate these rates. One of the fundamental principles of economics is the concept of supply and demand. Demand is produced by buyers, but supply is produced by sellers.
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