Sunk cost are always irrelevant when making current decisions.
Sunk cost is the cost that has already been incurred and cannot be recovered. Sunk cost should not be considered when making future economic decisions.
An example of sunk cost: A farmer buys a piece of land for $100,000. He plants on the land. Years later, the land becomes infertile. The farmer is considering selling the land. In this question, the cost of the land is sunk cost. The sunk cost is $100,000. The farmer should not consider this cost when determining if to sell the land or not.
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the price elasticity of demand of a straight-line demand curve is
Explanation:
Elasticity along a straight line demand curve varies from zero at the quantity axis to infinity at the price axis
Consider a Malthusian economy. For each of the following scenarios, use the diagrams to illustrate what happens to a country’s population size and living standards, ceteris paribus. Clearly explain what happens to the equilibrium and describe the transition to the new equilibrium if any.a. Marrying late slows down population growth.b. An earthquake kills half of the population and destroys half the land.
In the situations presented, what happens to the population and living standards is that they improve significantly avoiding a Malthusian catastrophe.
Malthusianism is a sociological concept that refers to the theory developed by Thomas Malthus in which he states that population growth at the rate that is being done will result in a decrease in resources for life, that is what he defined as Malthusian catastrophe.
According to the above, the situations presented would be a way of delaying the Malthusian catastrophe because if people marry late, the probability of having children is reduced for biological reasons. In addition, the number of children is going to be reduced.
On the other hand, if an earthquake occurs that destroys half the world and kills half the population, the Malthusian catastrophe is delayed because the available resources would increase in relation to the existing population.
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John has just paid off the full balance of his credit card. What happens to the
debt?
a. John will be paid an interest
b. It is added back to his credit limit to be used again
c. His credit limit will be increased
d. It remains a debt
Answer:
I think the answer is B. If It's correct please give the brainliest award.
John has just paid off the full balance of his credit card. It is added back to his credit limit to be used again. Thus the correct option is B.
What is a credit card?A credit card is referred to as plastic money that allows an individual to do shopping or buy products above the limit of credit cards by borrowing from the bank.
When an individual paid off the full balance of his credit card. It gives a good impression on the lender and helps in improving the credit rating of an individual and can allow for ease in accessing loans.
When an individual pays off the full balance that amount is added to the account and the credit limit can be used again. when the payment is not made timely the interest will be charged at a particular rate.
Therefore, option B is appropriate.
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All of the following are important to consider when deciding if a vocational
school is right for you except
A. the lack of general education,
B. how new the school buildings are.
C. the duration of the program.
O D. the range of career options.
Answer:
b.
Explanation:
just took the test
when ramiro inspires his employees to do their best to help the organization meet its goals, he is:
When ramiro inspires his employees to do their best to help the organization meet its goals, he is leading.
Who is a leader?This is a person that has the qualities and the capacity to drive a group in the right direction.
A leader has to be someone that is inspirational. As a leader, Ramiro should be able to help the organization to attain their goals.
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When you start a new job, you receive a form that you use to prove that you are eligible to work in the U.S. What is this form?
I believe it's a Work Permit.
fob destination means that goods are owned by the buyer as soon as ______.
FOB Destination describe goods whose risk will be catered by Seller until being delivered to the buyer.
FOB Destination is an acronym for "Freight on Board" Destination
The FOB Destination is a marine term used to describes that legal title of goods belongs to the Seller until they are delivered to buyer.In other word, its means that seller of a product owns the risk of loss on a goods until its is delivered to the buyer.In conclusion, the term states that the goods are owned by the buyer as soon as it is not delivered to the buyer.
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bucky’s hardware sold merchandise worth $1,200 to a customer, and offered terms of 2/10, n/30. if the customer pays within 10 days, bucky’s hardware will receive:
Assuming bucky’s hardware sold merchandise worth $1,200 to a customer, and offered terms of 2/10, n/30. if the customer pays within 10 days, bucky’s hardware will receive: $1,176
Using this formula
Amount received=Merchandise sold-(Merchandise sold ×Discount)
Where:
Merchandise sold =$1,200
Discount=2%
Let plug in the formula
Amount received=$1,200-($1,200×2%)
Amount received=$1,200-$24days
Amount received=$1,176
Inconclusion if the customer pays within 10 days, bucky’s hardware will receive: $1,176
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general mills has a variety of brands in its snacks category, including chex, nature valley, fiber one, and cascadian farm. this represents a
Answer:don't cheat in this class I will tell ur professor in Bemidji about u
Explanation:
which situation requires a departure from the cost basis of accounting to the lower-of-cost-or-market basis in valuing inventory?
Answer:
Decline in the value of inventory
Explanation:
To comply with the concepts of conservatism, inventory should be valued at the lower-of-cost-or-market when there is a decline in inventory
What people need to make a phones?
Answer:
Some electronic gadgets wires and all other stuff
what is the name of the cost allocation method used for intangible assets?
Answer:
coast allocation for assets is known as amortization. for intangibles. Depreciation, depletion, and amortization are processed of. cost allocation, not valuation.
southerners complained that their economy was crippled by the __________.
Answer:
tariff of 1828
Explanation:
with a variety of different brands, marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.
With a variety of different brands, Marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.
MarketingAccording to the given question, Marriott needs a strategy that would best help her provide her customers with accommodation based on their different needs.
The best type of strategy that Marriott needs to undertake would be a marketing strategy.
This is because, when she starts to market to her customers, then she would be able to know their various needs and serve them based on those needs.
Therefore, the correct answer is marketing
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DeShawn formed a hiring committee for his advertising company. Six employees (including two managers) met to discuss applicants and select the finalists for a copywriter position in the public relations department. Although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because they sent forward a candidate they believed would be a good work colleague, and their input facilitated the ultimate decision. In setting up this type of hiring process, the head of public relations was utilizing a(n) __________ style of leadership.\
The head of public relations utilized a leadership style called democratic or participative style.
The democratic leadership encourages the active participation of the members of the hiring committee, who select the finalists for the position.Decision-making is shared between the hiring committee and the head of the public relations department. The hiring committee carries out candidates evaluations to guide the final decision by the head of the department.As the direct opposite of the participative or democratic leadership style, the autocratic style does not encourage the committee to decide the final candidate for the position.Thus, a democratic leadership style is participative and encourages input from members of the selection group.
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what is a consequence of not having health insurance?
A consequence of not having health insurance is:
A person may not be able to afford healthcare if he falls illHealth insurance is the type of insurance where a person pays a premium periodically to cover the medical costs in case of an illness, surgery or any other health related problems.
This is important because:
It protects the insured from unexpected medical emergenciesSome health services come at a subsidized rate for such personSome preventive measures are available at no cost, etcTherefore, one consequence of not having a health insurance is that any sudden medical emergency can catch a person unawares and he would not be able to afford treatment.
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what is the cost allocation method called that is used for natural resources?
Answer:
The process of allocating the cost of plant and equipment over the periods they are used to produce revenues is known as depreciation. For natural resources, this process is called depletion, and for intangible assets it is called amortization.
Explanation:
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dont forget folloe
Answer:
hii have a great day ahead tq for the points
Given information about the economy of Pakistan, calculate Pakistan's GDP. Note that the currency of Pakistan is the rupee. Assume that the values are all current and no conversions need to be made. The government spends 3.40 trillion rupees. Individuals consume 9.60 trillion rupees. Individuals save 5.01 trillion rupees. Businesses invest 1.40 trillion rupees. Foreigners invest 0.70 trillion rupees. Pakistan imports 2.33 trillion rupees. Pakistan exports 1.23 trillion rupees. Pakistan's GDP is _________ trillion rupees.
The Gross domestic product of Pakistan is 13.30 trillion rupees
The gross domestic product (GDP) of country is the total value of all the goods and services a country produces in a year.
GDP can be calculated using the expenditure approach. The expenditure approach entails adding the total amount spent by consumers, government and businesses in the production process.
GDP using the expenditure approach = amount spent by consumers + business investment + Government spending + (export - import)
9.60 + 3.40 + 1.40 + (1.23 - 2.33) =
9.60 + 3.40 + 1.40 -1.10 = 13.30 trillion rupees
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It is a strong drive to achieve goals and objectives through focus and proactive follow-through.
a.
Consistency
b.
Coordination
c.
Competence
d.
Commitment
Answer:
C
Explanation:
Competence gives you the ability or skill to do something
goal displacement, satisficing, and groupthink are:
Goal displacement, satisficing, and groupthink are the advantages of group decision-making.
Group decision-making simply means the process where several individuals act collectively in order to analyze a particular problem.
During group decision-making, several ideas are considered and the best approach or idea is chosen in order to achieve a particular goal.
Some of the advantages of the group decision-making include goal displacement, satisficing, and groupthink.
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what are the major works of JT? Explain in point.......
Distinguish between the concepts of service vs. product marketing strategies. Provide an example of each and evaluate why each is essential to hotel operations.
Answer:
service mena intangible or we can't take it with us or purchase it to take home
product is tangible it is something we can purchase at any time any place
Explanation:
for example service we can see in hotel a room service
for the product we can see Chocolate we can purchase it any where and take to other place but in contrast we can't take service
Both service marketing strategies and product marketing strategies are sales and promotion tactics for various product and service offerings. The nature of the offering itself is where the two differ most from one another.
Why do you want to get into product marketing?At the same time, it's very difficult and rewarding. Cross-functional teams are frequently led by product marketing managers, giving you exposure to a wide range of job functions. A profession in product marketing allows you to have an influence and redistributes meaning to your work.
Service marketing methods emphasize the quality and customization of intangible services, while product marketing strategies concentrate on the attributes and advantages of tangible commodities. Both forms of marketing tactics seek to draw in and keep clients, but because the products and services offered differ, they call for distinct methods.
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what is the name of the file management application?
Answer:
Traditional file management applications such as File Explorer — the de facto file manager in Windows — are powerful enough only as far as personal use is concerned. Put simply, they are basic tools designed to help users manage files and folders on local computers.
Supply chain management primarily focuses on two or more stages of the marketing channel under one management.Question 21 options:TrueFalse
The statement "Supply chain management primarily focuses on two or more stages of the marketing channel under one management" is:
FalseSupply chain management is the type of management where there is a sum of all the production processes which are involved in making a raw material into a finished product that is ready for market sale.
The given question actually refers to Vertical Channel Integration because it focuses on two or more marketing channels which operate under one management.
Therefore, the correct answer is False
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what is the primary cause of failure for strategic initiatives?
Strategic initiatives are the ways through which a company translates its goals, objectives and visions into practice.
Raising of brand awareness, Launch of customer-facing retail outlets, Establishment of online channel for sales of products are examples of Strategic initiatives in a company.The major reason for failure of strategic initiatives is the inability of decision-makers in a company to understand the relevance and how to measure progress.Therefore, the primary cause of failure for strategic initiatives is ignorance about monitoring of progress.
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Answer:
Improper execution
Explanation:
Creating and providing improved working conditions has created a number of emerging careers.
True or false
Answer:
true
Explanation:
because if you improve the way thing look and the way thing work people will find working there amusing.
a demand curve shows the relationship between price and _________________ on a graph.
Answer:
relationship between price and quantity demanded
Explanation:
Plz Mark Brainliest
A demand curve shows the relationship between price and quantity demanded.
What is the demand curve?
The demand curve is a downward sloping curve that shows the relationship between price and quantity demanded. The relationship between price and quantity demanded is negatively related. As price increases, the quantity demanded decreases and as price decreases, the quantity demanded increases.
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What does SSQ stand for?
Answer:
Special Skills Qualification (most likely)
Explanation:
There are many different things it could stand for, however since you did not specify the context of this, I am assuming it would be this as it is most common.
why does a surplus exist under a binding price floor?
Answer:
it makes the price so low that the quantity demanded exceeds the quantity supplied on the legal market.
