The marginal cost of flying a passenger is $50. So, option A is the correct answer.
The given problem is about the marginal cost of flying a passenger. According to the given problem, The cost of flying a 100-seat plane for an airline is $50,000.And, there are 10 empty seats on a flight. Now, we are asked to find the marginal cost of flying a passenger. To calculate marginal cost, the following formula can be used:
Marginal Cost = Change in Total Cost / Change in Quantity
Let's calculate the marginal cost of flying a passenger for the given scenario:
Total cost of flying a 100-seat plane = $50,000
So, the cost of flying one passenger in a 100-seat plane = 50,000/100 = $500
Also, the cost of flying a 90-seat plane = $50,000 - $5000 = $45,000
Therefore, the marginal cost of flying a passenger is calculated as follows:
Marginal Cost = (Total Cost of Flying a 100-Seat Plane - Total Cost of Flying a 90-Seat Plane) / (100 - 90)Marginal Cost
= ($50,000 - $45,000) / 10 Marginal Cost
= $500 / 10 Marginal Cost
= $50
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tangible factors group of answer choices include the price and terms of agreement. are psychological motivations that influence the negotiations. include the need to look good in negotiations. cannot be measured in quantifiable terms. include the need to feel respected
Tangible factors include the price and terms of agreement. Psychological motivations that influence the negotiations include the need to look good in negotiations and the need to feel respected.
What is agreement?Agreement is an arrangement or understanding between two or more parties in which each party agrees to do certain things or follow certain rules. It is a legal document that is signed by two or more parties who are willing to enter into a contract. It is a binding agreement between two or more parties that contains the details of the agreement, such as the parties involved, the terms of the agreement, the specific promises made, and the consequences of any breach of the agreement. It is an important legal tool that outlines the rights, responsibilities, and obligations of each party to the agreement. Agreement can also be used to settle disputes between parties, define the scope of a business relationship, and protect the interests of each party. Agreement is essential for any business relationship or contract, as it provides a clear understanding of each party's rights and responsibilities.
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which is not a benefit of mutual funds? select one: a. professional management b. taxation impact c. transparency d. daily liquidity
A mutual fund does not provide D. daily liquidity as a benefit.
Daily liquidity refers to the ability to access funds quickly, on a daily basis. Mutual funds are not able to provide this, as they are often traded just once a day and the money is then sent to the investors a few days later. Mutual funds do, however, provide other benefits, such as professional management, taxation impact, and transparency.
Professional management means that the fund is managed by an experienced team of professionals, who are knowledgeable in the area and can make the best decisions for the fund. Taxation impact refers to how the fund's performance affects the taxes of the investor. Transparency means that the investor is able to see the fund's performance and the strategies used to manage the fund.
In conclusion, the D. daily liquidity is not a benefit of mutual funds.
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you'd like to see what your average revenue would be if you increased average prices by 10%. you forecast that your average quantity sold would decrease by 10% as a result of the price increase. what would be the new forecasted average revenue per item?
To calculate the new forecasted average revenue per item, we can use the following formula: New forecasted average revenue per item = Current average revenue per item * 1.1 * 0.9
What does this mean?Here, 1.1 represents the 10% increase in average prices, and 0.9 represents the 10% decrease in average quantity sold.
For example, if the current average revenue per item is $50, the new forecasted average revenue per item would be:
New forecasted average revenue per item = $50 * 1.1 * 0.9
= $49.50
Therefore, the new forecasted average revenue per item would be $49.50 if the average prices were increased by 10% and the average quantity sold decreased by 10%.
Note that this is just an example.
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if the irr of a project is equal to the rrr for the company, the net present value for the project will be .
If the Internal Rate of Return (IRR) of a project is equal to the Required Rate of Return (RRR) for the company, the Net Present Value (NPV) for the project will be zero.
What is rate of return?
This is because the IRR and RRR signify the same rate of return for the company or project. At a zero NPV, the inflow of cash is equal to the outflow of cash, and the project's return is equal to the RRR or the company's desired rate of return.
The IRR is a financial metric that calculates the rate of return at which the present value of all anticipated future cash flows equals the initial investment or cost of the project. It is a rate that makes the project's NPV equal to zero. If the IRR is equal to or greater than the RRR, the project is deemed acceptable or worthwhile.
However, if the IRR is less than the RRR, the project is considered risky or unprofitable. If the IRR is equal to the RRR, the project is deemed acceptable, but there will be no surplus cash to allocate. The NPV will be zero in such a case.
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a 3.750 percent tips has an original reference cpi of 186.2. if the current cpi is 211.5, what is the par value and current interest payment of the tips?
The par value and current interest payment of the TIPS with an original reference CPI of 186.2 and a current CPI of 211.5 and an interest rate of 3.750% are $880 and $16.50, respectively.
we need to use the following formula:Par Value = (Original Reference CPI / Current CPI) x Face Value
Interest Payment = (Par Value x Interest Rate) / 2
Where:
Original Reference CPI = 186.2
Current CPI = 211.5
Interest Rate = 3.750%
Face Value = $1000 (assuming the face value of TIPS is $1000)
First, let's calculate the par value using the above formula:
Par Value = (186.2 / 211.5) x $1000
Par Value = 0.88 x $1000
Par Value = $880
So, the par value of the TIPS is $880.
Next, let's calculate the current interest payment using the above formula:
Interest Payment = ($880 x 3.750%) / 2
Interest Payment = ($33 / 2)
Interest Payment = $16.50
So, the current interest payment of the TIPS is $16.50.
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robert owns a manufacturing business and tends to hire young men because he believes they're better able to manage the equipment and tend to understand the technology better. how is his attitude a barrier to inclusion?
Robert's attitude is a barrier to inclusion because it shows a bias toward hiring younger males, which excludes people from other genders and age groups.
This kind of behavior displays implicit bias and discrimination, which can hinder an organization's efforts to build a diverse and inclusive workforce.
Additionally, Robert is restricting the talent pool and avoiding the wealth of expertise and experience that may be acquired from a more diverse staff by solely employing younger males.
Organizations need to be conscious of their biases and make sure they're fostering a culture where everyone is welcome, regardless of gender, age, ethnicity, or other differences.
Organizations must seek to develop a culture of acceptance and inclusion in order to build a truly inclusive workplace.
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suppose you have $500 to invest. what questions and concerns would you have as you decide how to invest your money
If you have $500 to invest, you may have a number of questions and concerns.
Firstly, you may want to determine your investment goals and consider whether your $500 is meant to be invested in the short-term or the long-term. Additionally, you may want to look into the different types of investments available, such as stocks, bonds, mutual funds, and ETFs.
Furthermore, you should investigate the risks associated with each option and understand the fees, charges, and tax implications of investing. Lastly, you should research the credentials and track record of any financial advisors you are considering using.
By answering these questions and understanding your concerns, you will be better able to decide how to invest your $500.
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a top-level executive of a tire manufacturer is considering diversifying and expanding operations into china, where labor and materials are cheaper. the firm has already diversified itself to double its original number of locations. all of its newest locations have been implemented by the same executive. so far, the return on investment for each of the newer locations is negative. why might the executive want to open yet another location? a. the larger the firm gets, the less compensation the executive will receive because no value has been created. b. the larger the firm gets, the more compensation the executive will receive, even if no value has been created yet. c. the executive is worried about creating jobs, even if there is no value created for the manufacturer. d. the executive predicts that the return on investments will provide positive returns soon.
The answer to the question is option D: The executive predicts that the return on investments will provide positive returns soon.
What is diversification?
Diversification is a business strategy that allows a company to venture into new lines of business with the intention of generating additional revenue streams and lowering overall risk. Diversification allows businesses to grow and compete in new markets by adding new products and services to their portfolio.
When the company diversifies into new lines of business, it can help mitigate the risk of a single product, service, or market performing poorly. When they are considering diversifying, it may be risky because they have to invest a significant amount of resources upfront to get the new operation off the ground.
In the given scenario, the top-level executive of a tire manufacturer is considering diversifying and expanding operations into China. The firm has already diversified itself to double its original number of locations. All of its newest locations have been implemented by the same executive.
So far, the return on investment for each of the newer locations is negative. From the above statement, we can conclude that the executive wants to open another location because he predicts that the return on investments will provide positive returns soon.
Hence, the correct option is d. The executive predicts that the return on investments will provide positive returns soon.
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a journal entry has only two lines: a) decrease in one owners' equity account, b) decrease in a second owners' equity account.
A journal entry has only two lines then a) is a DR and b) is a CR so the entry is valid (option 1).
To understand this, we need to know the basic principles of accounting. The accounting equation is Assets = Liabilities + Owners' Equity. This means that any increase in Owners' Equity will result in a corresponding decrease in either Assets or Liabilities.
Now, let's analyze the given journal entry. The first line states an increase in Owners' Equity, which means that the equity of the business has increased.
Based on the rules of double-entry accounting, every journal entry must have an equal debit and credit amount. In this case, we have only two lines, so we need to determine which account is being debited and which account is being credited.
Option 1 states that a) is a DR (debit) and b) is a CR (credit), which means that the journal entry is valid. This is the correct option because an increase in Owners' Equity is usually credited, and a decrease in Dividends is usually debited.
Therefore, the correct answer is option 1.
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Complete Question:
A journal entry has only two lines: a) Increase in Owners' Equity, b) Decrease in Dividends. Multiple Choice
1) a) is a DR and b) is a CR so the entry is valid
2) a) is a DR and b) is a DR so the entry is NOT valid
3) a) is a CR and b) is a CR so the entry is NOT valid
4) a) is a CR and b) is a DR so the entry is valid
for each of the following unrelated situations, calculate the annual amortization expense and prepare a journal entry to record the expense: a patent with a 15-year remaining legal life was purchased for $756,000. the patent will be commercially exploitable for another six years. a patent was acquired on a device designed by a production worker. although the cost of the patent to date consisted of $88,200 in legal fees for handling the patent application, the patent should be commercially valuable during its entire remaining legal life of 15 years and is currently worth $720,000. a franchise granting exclusive distribution rights for a new wind turbine within a three-state area for four years was obtained at a cost of $72,000. satisfactory sales performance over the four years permits renewal of the franchise for another four years (at an additional cost determined at renewal).
The patent's cost is $756,000, and its useful life is 6 years Annual amortization expense will be $126,000 and The patent has a cost of $88,200 (legal fees) and a remaining legal life of 15 years will be $5,880.
1. Patent with a 15-year remaining legal life purchased for $756,000 and commercially exploitable for another six years
To calculate the annual amortization expense, you need to divide the cost of the patent by its useful life. In this case, the patent's cost is $756,000, and its useful life is 6 years (commercially exploitable life).
$756,000 ÷ 6 = $126,000
Journal Entry:
Dr. Amortization Expense - $126,000
Cr. Patent - $126,000
2. Patent acquired on a device worth $720,000 with a legal cost of $88,200 and a remaining legal life of 15 years:
Annual amortization expense: The patent has a cost of $88,200 (legal fees) and a remaining legal life of 15 years. To calculate the annual amortization expense, divide the cost by its useful life.
$88,200 ÷ 15 = $5,880
Journal Entry:
Dr. Amortization Expense - $5,880
Cr. Patent - $5,880
3. Franchise granting exclusive distribution rights for a new wind turbine for four years with a cost of $72,000:
Annual amortization expense: The franchise has a cost of $72,000 and a useful life of 4 years. To calculate the annual amortization expense, divide the cost by its useful life.
$72,000 ÷ 4 = $18,000
Journal Entry:
Dr. Amortization Expense - $18,000
Cr. Franchise - $18,000
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10. sales potential refers to how much sales you can possibly attain under ideal conditions. group of answer choices true false
True as the Sales potential refers to the maximum amount of sales that could be achieved under ideal conditions, such as favorable economic conditions, proper positioning in the market, and effective sales techniques.
For example, if a company has a strong customer base, strong marketing campaigns, and an effective sales team, its sales potential would be high.
On the other hand, if a company is competing in a saturated market or has poor sales techniques, its sales potential would be much lower.
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yui is working on a new marketing campaign and has decided to form a team to help with this process. what are the advantages of using a team for the marketing decisions?
The primary advantage of using a team for marketing decisions is that it allows for a variety of perspectives to be considered in the decision-making process.
About marketing decisionWhen more than one person is involved in a decision, a wider range of ideas and perspectives can be taken into account. This can lead to decisions that are more creative, effective, and successful in the long-run.
Additionally, having multiple people on the team can help ensure that all possible outcomes and potential consequences of a decision have been taken into consideration, leading to more well-thought-out decisions.
Teams also have the advantage of allowing members to specialize in their areas of expertise. This ensures that each person can make the best possible contributions to the decision-making process. In addition, teams allow for members to be held accountable for their actions, which encourages responsible decision-making and problem solving.
Finally, teams also allow for members to provide emotional and moral support to each other during the decision-making process, creating a more positive environment for productive conversations and ideas.
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grant hill discusses the challenge teams have to get younger fans out of their homes and into the arena. how does the digital experience in the arena help the team in this regard?
The digital experience in the arena can help teams get younger fans out of their homes and into the arena by providing a more engaging and interactive experience for fans during games.
How can the digital experience be helpful ?By creating a more engaging and personalized experience for fans in the arena, teams can help to attract younger fans who are accustomed to a more interactive and digital experience in other areas of their lives. This can help to increase attendance and engagement, and can help to build a stronger connection between fans and the team.
Overall, the digital experience in the arena is an important tool for teams looking to attract and engage younger fans. By leveraging digital technology to create a more interactive and personalized experience for fans, teams can create a more compelling and enjoyable experience for fans in the arena, and help to build a stronger fan base over the long term.
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how might traditional intermediaries use it to compete against the innovative features offered by online travel agencies?
By embracing technology and offering their customers the same features.
Traditional intermediaries can compete with the innovative features offered by online travel agencies by embracing technology and offering their customers the same features.
This can include utilizing customer relationship management (CRM) software, offering online booking capabilities, and leveraging data analytics to identify customer preferences.
Additionally, traditional intermediaries can also offer exclusive incentives, discounts, and deals to customers, which online travel agencies may not be able to provide.
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a. in 2003, congress passed and president george w. bush signed the medicare modernization act, which provides seniors and individuals with disabilities with a prescription drug benefit. some of the benefits under this law took effect immediately, but other benefits will not begin until sometime in the future. the result is that both the current public debt and the implicit liabilities . b. the age at which retired persons can receive full social security benefits is raised to age 70 for future retirees. the current public debt will due to this and implicit liabilities will . c. social security benefits for future retirees are limited to those with low incomes. the current public debt will due to this and implicit liabilities will . d. because the cost of health care is increasing faster than the overall inflation rate, annual increases in social security benefits are increased by the annual increase in health care costs rather than the overall inflation rate. both implicit liabilities and current public debt will due to this change. e. the affordable care act (aca), which went into effect in 2014, created incentives for hospitals to find ways to save the government money. both implicit liabilities and current public debt due to the aca.
a. In 2003, Congress passed and President George W. Bush signed the Medicare Modernization Act, which provides seniors and individuals with disabilities with a prescription drug benefit.
Some of the benefits under this law took effect immediately, but other benefits will not begin until sometime in the future. The result is that both the current public debt and the implicit liabilities will increase due to this.
b. The age at which retired persons can receive full Social Security benefits is raised to age 70 for future retirees. The current public debt and implicit liabilities will increase due to this change.
c. Social Security benefits for future retirees are limited to those with low incomes. The current public debt and implicit liabilities will increase due to this change.
d. Because the cost of health care is increasing faster than the overall inflation rate, annual increases in Social Security benefits are increased by the annual increase in health care costs rather than the overall inflation rate. Both implicit liabilities and current public debt will increase due to this change.
e. The Affordable Care Act (ACA), which went into effect in 2014, created incentives for hospitals to find ways to save the government money. Both implicit liabilities and current public debt will increase due to the ACA.
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rrr performs a transaction by a wire order in a customer's account what is true of such situations under finra rules
When rrr performs a transaction by a wire order in a customer's account, A principal of the firm is required to review and approve such transactions. to such situations under FINRA rules.
What is FINRA?FINRA, which stands for Financial Industry Regulatory Authority, is a United States regulatory body that manages the stock market, stockbrokers, and broker-dealers. FINRA enforces rules to protect investors and ensure market integrity through its authority.
FINRA rules are guidelines that securities companies and brokers must follow. FINRA has established regulations for the securities industry and its players in order to safeguard investors and maintain market stability.
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when dealing with international trade, economists include as a component of gdp. multiple choice question. totals imports net imports net exports total exports
When dealing with international trade, economists include net exports as a component of GDP . International trade refers to the trade of goods and services between different Countries.
International trade can be classified into two categories: import and export. Exports are goods or services produced in one country and sold to another, while imports are goods or services produced in one country and purchased by another.
Gross domestic product (GDP) is the monetary value of all final goods and services produced within a country during a specific period. It is a measure of a country's economic performance.
GDP is calculated by adding four components: consumption, investment, government spending, and net exports. Therefore, when dealing with international trade, economists include net exports as a component of GDP.
Total imports is the total value of goods and services that a country imports from other countries during a specific period. It is a significant component of a country's trade balance, which is the difference between its exports and imports.
When total imports exceed total exports, it results in a trade deficit, while a surplus is the opposite.
Therefore, when dealing with international trade, economists include net exports as a component of GDP.
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The Penn State Math Club has determined that in order to successfully tutor x Math 110 students in preparation for the second midterm exam, the price per student p(x) in dollars that must be charged/demanded is p(x) = 160 – 5x. The Math Club also determines that the total cost of tutoring x students is given by C(x) = 9x + 60. What price p(x) should they charge each student in order to maximize their profit? O $109.5 O $84.5 O $99.5O $104.5 O $94.5
The Penn State Math Club should charge each student $104.5 in order to maximize their profit. This can be determined by setting the derivative of the total cost function, C(x), equal to 0 and solving for x.
When x = 9, p(x) = 160 – 5(9) = $104.5. This means that the Math Club should charge each student $104.5 in order to maximize their profit. This is because if the Math Club charges more than $104.5 per student, the total cost will exceed the total revenue, and if the Math Club charges less than $104.5 per student, the total cost will be less than the total revenue.
Therefore, charging each student $104.5 will maximize the Math Club's profit.
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Rubio, Inc., an accrual basis C corporation, reports the following amounts for the tax year. The applicable income tax rate is 30%. Book income, including the items below, is $87,500. Increase in book allowance for anticipated warranty costs 4,375; Interest income from City of Westerville bonds 8,750; Bribes paid to Federal inspectors 17,500.a. Indicate whether the following items create temporary or permanent differences. Increase in book allowance for anticipated warranty costs, Interest income from City of Westerville bonds, Bribes paid to Federal inspectorsb. Rubio's taxable income is?Permanent and Temporary Differences Between Pretax Accounting and Taxable IncomeThere are many differences between what is called pretax accounting income (income determined under generally accepted accounting principles) and taxable income (income determined following the regulations of the Internal Revenue Service). In general, these differences can be either permanent (which means they once they occur, they occur during that year, and do not impact the future) or they can be timing differences (which means the differences 'turn-around' in the future when certain events occur). We see a few examples of these differences in this Question.
a. The following items create temporary or permanent differences: Increase in book allowance for anticipated warranty costs: Temporary difference Interest income from City of Westerville bonds: Permanent difference Bribes paid to Federal inspectors: Permanent difference.
b. Rubio's taxable income is $83,250Explanation:Increase in book allowance for anticipated warranty costs - This is a temporary difference because the expense is recognized in the current year for book purposes but is not allowed as a tax deduction until the warranty is actually fulfilled.
The increase in book allowance is added back to book income to arrive at taxable income. Interest income from City of Westerville bonds - This is a permanent difference because the interest income is recognized for both book and tax purposes in the same year.
Bribes paid to Federal inspectors - This is a permanent difference because bribes are not deductible for tax purposes. The amount paid in bribes is added back to book income to arrive at taxable income.
Rubio's taxable income is calculated as follows: Book income = $87,500 Increase in book allowance for anticipated warranty costs = $4,375
Interest income from City of Westerville bonds = $8,750
Bribes paid to Federal inspectors = $17,500
Total adjustments = $30,625
Taxable income = $87,500 - $30,625 = $56,875
Income tax rate = 30%
Rubio's income tax expense = $56,875 × 30% = $17,062.50
Rubio's taxable income is $83,250 ($56,875 + $26,375) after adjustments for temporary and permanent differences.
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at the beginning of a buffet meal a manager placed $1,100 worth of food on the buffet line. during the meal another $500 of food was added to the line. at the end of the meal the value of the remaining food was $400. the manager served 100 guests. what was the buffet cost per guest served during this meal period?
At the beginning of a buffet meal a manager placed $1,100 worth of food on the buffet line. During the meal another $500 of food was added to the line. At the end of the meal, the value of the remaining food was $400. The manager served 100 guests.
The buffet cost per guest served during this meal period is $11.5. At the beginning of the buffet meal, a manager placed $1,100 worth of food on the buffet line. During the meal, another $500 of food was added to the line. At the end of the meal, the value of the remaining food was $400.
The value of the food that was consumed is equal to $1100 + $500 - $400 = $1200.The manager served 100 guests.
The cost per guest served during this meal period = (Buffet cost)/Number of guests
= $1200/100
= $11.5
Therefore, the buffet cost per guest served during this meal period is $11.5.
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covid-19 was an unexpected event that created significant challenges for organizations like carnival. based on the management in action case, what type of change do cruise lines need to implement?
COVID-19 outbreaks on cruise ships continue to impact both passengers and seafarers. The combination of several homes and the enclosed environment on board allows COVID-19 to spread more quickly than it might elsewhere.
Do cruise lines need to implement?
New-build cruise ships may be much more environmentally friendly and, thus, offer a more sustainable alternative for passengers by integrating energy-saving and emissions-reducing technologies, such as marine waste heat recovery, into the ship's design.
Polluted air, water, and land; whales struck by cruise ships sailing too near to shore; invasive species introduced by pumping ballast water; sewage and trash dumped into the sea. It has been claimed that cruise ships emit as much pollution as one million vehicles.
A survey from CLIA reveals that the cruise sector is on pace to meet its emission targets for 2050. Yet there is still a long way to go. During the past few years, the cruise industry has made significant progress toward becoming one that is more ecologically friendly.
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suppose that in a competitive market the equilibrium price is $2.50. what is marginal revenue for the last unit sold by the typical firm in this market?
In a competitive market, if the equilibrium price is $2.50, then marginal revenue for the last unit sold by the typical firm in this market will also be $2.50.
A competitive market refers to a situation where the price and the number of units of a product that businesses are willing and able to sell is determined by the intersection of the supply curves and demand curves. In this market, no single buyer or seller can significantly influence the market price.
Marginal revenue (MR) refers to the extra revenue that a business earns by selling one additional unit of a product. In a competitive market, marginal revenue is equal to the market price. This is because, in this market, the seller has no influence on the price, and therefore, the price is predetermined by the market forces of supply and demand.
The formula for marginal revenue can be represented as follows:
MR = ΔTR / ΔQ
Where: MR = Marginal revenue, ΔTR = Change in total revenue, and ΔQ = Change in quantity sold.
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kenny and tyler, who do not get along, were assigned to work on a spanish project together. instead of asking for a new partner, kenny decided to approach tyler to mend their relationship. kenny was using
Kenny and Tyler, who do not get along, were assigned to work on a Spanish project together. Instead of asking for a new partner, Kenny decided to approach Tyler to mend their relationship. Kenny was using a strategy called collaborative problem-solving.
Collaborative problem-solving is the process of working with others to identify and resolve a problem. It involves the pooling of resources, knowledge, and skills of individuals to find a solution that is satisfactory to all parties involved.
Collaborative problem-solving typically involves a team of people who work together to identify the problem, gather information, analyze the data, and propose potential solutions. It is a highly effective approach to problem-solving as it brings together different perspectives and experiences, which can lead to more creative and innovative solutions.
In this approach, both parties come together and work out their differences in order to complete a common goal. In this case, Kenny and Tyler need to work together to finish their Spanish project.
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assuming that sheridan elects to use the carryforward provision and not the carryback provision, what income (loss) is reported
When Sheridan elects to use the carryforward provision and not the carryback provision, the income (loss) reported is adjusted by the amount of the net operating loss that is carried forward.
Net operating loss is the excess of total deductions over total revenues for a tax year. A corporation's net operating loss (NOL) is the amount by which its deductions exceed its gross income. The corporation can carry the net operating loss forward for 20 years to offset taxable income in future years, according to the Internal Revenue Service (IRS).
NOL Carryforward: An operating loss that can be carried forward to offset taxable income in future years is known as an NOL carryforward. It enables businesses to reduce future tax bills and enhance their cash flow. It is a one-time loss that can be used in the future. It is critical to understand that net operating loss (NOL) is a tax term used to define a tax credit that allows a business to decrease its taxable income. A business can apply its NOL carryforward to future years to reduce its taxable income in those years.Therefore, when Sheridan elects to use the carryforward provision and not the carryback provision, the income (loss) reported is adjusted by the amount of the net operating loss that is carried forward.
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the reasonable person standard is used to decide whether an express contract exists under the: group of answer choices objective theory of contracts. standard offer requirements. quasi-contract rules. contract existence standard guidelines.
The reasonable person standard is used to decide whether an express contract exists under the Objective Theory of Contracts. This theory states that if a reasonable person would think that both parties are bound to an agreement by their words and/or actions, then it is likely that a valid contract exists.
The reasonable person standard is used to decide whether an express contract exists under the objective theory of contracts the objective theory of contracts, the presence of the agreement's objective, mutual assent is important. This viewpoint focuses on outward expressions, such as words or actions, rather than inner intent or subjective belief.
In general, the fundamental premise of the theory is that a legally binding agreement arises when one party makes a proposal that another party accepts. The fair person standard, also known as the reasonable person standard, is a legal criterion used in the objective theory of contracts.To determine if an express contract exists under the objective theory of contracts, the reasonable person standard is used.
It determines if a fair individual would have concluded that both parties had agreed to the contract's terms by assessing their words and acts.In the law of contracts, an express contract is an agreement in which the terms are explicitly specified in writing or orally. The agreement's terms are defined and recognized under the agreement. The agreement should be free of any ambiguity or vagueness. For an express contract to be valid, the terms must be established.
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at lunchtime, a restaurant sold 51 small drinks for $2 each and 99 large drinks for $3 each. the restaurant manager estimates that, in total, large drinks brought in roughly $50 more than small drinks. is that a good estimate?
At lunchtime, a restaurant sold 51 small drinks for $2 each and 99 large drinks for $3 each. The restaurant manager estimates that, in total, large drinks brought in roughly $50 more than small drinks. The manager's estimate is a good one.
The manager of the restaurant needs to find the number of large and small drinks sold, respectively. Let the number of small drinks sold be x. Then the number of large drinks sold is 150 - x. Using the information given, the following equations can be formed: 2x + 3(150 - x) = total revenue from all drinks sold, 2x + 450 - 3x = total revenue from all drinks sold, and -x + 450 = total revenue from all drinks sold. The total revenue from all drinks sold is $450. If small drinks had contributed the same amount of revenue as large drinks, then they would have each contributed half of the total revenue: $225. However, we know that large drinks brought in roughly $50 more than small drinks. Therefore, the revenue from small drinks is approximately $175, while the revenue from large drinks is approximately $275. Therefore, the manager's estimate is a good one.
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when a company offers video-game consoles at a steep discount, but charges customers high fees for games, they are operating on a blank business model. multiple choice question.
When a company offers video game consoles at a steep discount, but charges customers high fees for games, they are operating on a closed business model.
What is a closed business model? A closed business model is a proprietary network or system where one party controls the end-to-end delivery of a product or service. When a company operates on a closed business model, it locks its customers into its products or services, making it challenging to switch to a competitor. A closed business model typically relies on closed-source software, hardware, and exclusive arrangements with content providers.
Let's take an example of a video game console manufacturer. A company offers video game consoles at a steep discount, but charges customers high fees for games, which means they are operating on a closed business model. In this model, the manufacturer has full control over the video game console's hardware and software. They also control the distribution of games to the console through their exclusive arrangements with content providers. This model enables the company to make money from the high fees they charge for the games, which more than offsets the low-profit margin on the video game console sold at a steep discount.
Hence, the correct answer is a closed business model.
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what is a common timeframe for the job search process from finding out about a position to receiving an offer of employment?
The timeframe for the job search process can vary greatly depending on the industry, the company. A common timeframe for the job search process is typically around 1-2 months from finding out about a position to receiving an offer of employment.
Hiring process -The first step in the process is usually research and preparing your application materials, which may take a few days to a couple of weeks, depending on how much work is required. Once you have submitted your application, you may hear back from the employer within a few days to a couple of weeks to let you know if they would like to schedule an interview.
After the initial interview, there may be multiple rounds of interviews, each of which could take a week or more to schedule and conduct. Additionally, some companies may require extensive background checks or reference checks, which could add additional time to the process.
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carson contractors specialize in ecofriendly construction of large, industrial buildings such as schools, hospitals, and factories. in response to the recent coronavirus pandemic, carson contractors began to focus on construction techniques that minimize the spread of germs, such as improved ventilation, handwashing stations, and spaces with moveable furniture. the germ minimization goal now outweighs the ecofriendly goal, which is an example of
The example provided is an example of "Adaptive Re-use" which is a type of green building practice that promotes the use of existing buildings, rather than constructing new ones.
Adaptive Re-use can reduce waste and conserve resources, and it also allows for the customization of existing buildings. In the case of Carson Contractors, they had to adapt their existing practices to the current pandemic, while still focusing on their overall goal of eco-friendly construction.
In response to the coronavirus, Carson Contractors focused on construction techniques that prioritize germ minimization, such as improved ventilation, handwashing stations, and spaces with moveable furniture. These practices reduce the transmission of germs, but may be more costly or time consuming to implement than more traditional eco-friendly building practices. Therefore, the need to minimize germs has outweighed the goal of eco-friendly construction.
Adaptive Re-use is an important green building practice that can help conserve resources and reduce waste, while also allowing for the customization of existing buildings. In the case of Carson Contractors, the need to prioritize germ minimization over eco-friendly construction is an example of how adaptive re-use can be adapted to fit the needs of a given situation.
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why does the report argue that lsev manufacturers are engaged in both low-end and new-market disruption?
The report argues that LSEV manufacturers are engaged in both low-end and new-market disruption because they are able to offer products that are both relatively inexpensive and technologically advanced.
Low-end disruption refers to the manufacturing of products that are significantly less expensive than their competition.
For instance, LSEV manufacturers can offer vehicles at a fraction of the cost of traditional automobiles.
These vehicles are typically smaller and less powerful than conventional vehicles, but still provide basic transportation.
New-market disruption, on the other hand, involves manufacturing products that are technologically more advanced than those of their competitors.
LSEV manufacturers often use innovative technologies such as advanced batteries, motors, and other components to make their vehicles more efficient and user-friendly.
They are also able to incorporate autonomous driving technology, advanced safety features, and other modern technologies that are not yet available in traditional vehicles.
In summary, the report argues that LSEV manufacturers are engaged in both low-end and new-market disruption because they are able to offer products that are both relatively inexpensive and technologically advanced.
Low-end disruption allows them to compete in the traditional automobile market, while new-market disruption allows them to leverage the latest technological advancements to offer consumers a more advanced and user-friendly product.
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