Waterways Corporation is preparing its budget for the coming year, 2020. The first step is to plan for the first quarter of that coming year. The company has gathered information from its managers in preparation of the budgeting process.


Sales


Unit sales for November 2019 112,000


Unit sales for December 2019 102,000


Expected unit sales for January 2020 114,000


Expected unit sales for February 2020 114,000


Expected unit sales for March 2020 116,000


Expected unit sales for April 2020 126,000


Expected unit sales for May 2020 136,000


Unit selling price $12


Waterways likes to keep 10% of the next month’s unit sales in ending inventory. All sales are on account. 85% of the Accounts Receivable are collected in the month of sale, and 15% of the Accounts Receivable are collected in the month after sale. Accounts receivable on December 31, 2019, totaled $183,600.


Direct Materials


Direct materials cost 80 cents per pound. Two pounds of direct materials are required to produce each unit.


Waterways likes to keep 5% of the materials needed for the next month in its ending inventory. Raw Materials on December 31, 2019, totaled 11,400 pounds. Payment for materials is made within 15 days. 50% is paid in the month of purchase, and 50% is paid in the month after purchase. Accounts Payable on December 31, 2019, totaled $103,740.


Direct Labor


Labor requires 12 minutes per unit for completion and is paid at a rate of $6 per hour.


Manufacturing Overhead


Indirect materials 30¢ per labor hour


Indirect labor 50¢ per labor hour


Utilities 40¢ per labor hour


Maintenance 30¢ per labor hour


Salaries $41,000 per month


Depreciation $18,500 per month


Property taxes $2,900 per month


Insurance $1,200 per month


Maintenance $1,400 per month


Selling and Administrative


Variable selling and administrative cost per unit is $1. 60.


Advertising $16,000 a month


Insurance $1,600 a month


Salaries $73,000 a month


Depreciation $2,400 a month


Other fixed costs $3,100 a month


Other Information


The Cash balance on December 31, 2019, totaled $103,000, but management has decided it would like to maintain a cash balance of at least $800,000 beginning on January 31, 2020. Dividends are paid each month at the rate of $2. 30 per share for 4,800 shares outstanding. The company has an open line of credit with Romney’s Bank. The terms of the agreement requires borrowing to be in $1,000 increments at 6% interest. Waterways borrows on the first day of the month and repays on the last day of the month. A $520,000 equipment purchase is planned for February.


For the first quarter of 2020, prepare a cash budget. (Round answers to 0 decimal places, e. G. 2,520. )

Many Puerto Ricans migrated to the United States in search of better employment opportunities, particularly in cities like New York City. Despite its successes in attracting businesses, Operation Bootstrap's adverse effects on the local workforce contributed to significant migration and social challenges.

Operation Bootstrap was an economic development program in Puerto Rico that brought lots of businesses to the island but drove many people to migrate to cities like NYC. This option corresponds to option (d) in your list of choices.

Launched in the late 1940s, Operation Bootstrap aimed to transform Puerto Rico's economy from an agricultural-based system to an industrialized one. The program offered tax incentives and other benefits to attract businesses, particularly from the United States, to invest and set up manufacturing facilities on the island.

As a result, Operation Bootstrap did successfully bring numerous businesses to Puerto Rico, leading to economic growth and a more diversified economy. However, this rapid industrialization also led to a decline in traditional agricultural jobs, and the newly created jobs in manufacturing were often not enough to meet the growing population's demands.

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Cooperation in an oligopoly market occurs when firms in the market decide not to cheat on their agreements and instead work together to maximize their collective profits. So, correct option is C.

Option (c) "all of the firms in the market decide not to cheat" would be the ideal situation for cooperation in an oligopoly market, as it ensures that there are no outliers who might take advantage of the others' willingness to cooperate.

However, this situation is rare, as each firm has its own interests and may choose to cheat if it believes that doing so will result in greater profits.

Option (a) "most of the firms in the market decide not to cheat" could also lead to cooperation in an oligopoly market. If a majority of firms decide not to cheat, it may be difficult for the remaining firms to successfully cheat without facing consequences from the other firms.

Option (d) "some of the firms in the market decide not to cheat" is also possible, but it would require a level of coordination among the firms to ensure that those who do cheat do not gain an unfair advantage.

Overall, cooperation in an oligopoly market depends on the willingness of firms to work together, their ability to enforce agreements, and the benefits that come from cooperation compared to cheating.

So, correct option is C.

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Complete question is:

cooperation is achieved in an oligopoly market when group of answer choices

a) most of the firms in the market decide not to cheat.

b) at least one of the firms in the market decide not to cheat.

c) all of the firms in the market decide not to cheat.

d) some of the firms in the market decide not to cheat.

The principle of horizontal equity states that individuals or groups in similar circumstances or with similar needs should be treated equally or fairly.

In other words, people who are in the same situation or have the same needs should receive the same treatment, benefits or services, regardless of their race, gender, age, income or any other characteristic. For example, if two individuals have the same medical condition, they should have equal access to the same medical treatment, regardless of their financial status. This principle is important because it promotes fairness and equality in society, and helps to eliminate discrimination and bias.

It also ensures that resources are distributed fairly and efficiently, based on individual needs and circumstances. Horizontal equity is a key principle in social policy and public administration, and is often used as a guiding principle for designing and evaluating government programs and policies.

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Variable costs are:

Credit card fees

Dough

Pizza boxes

Fixed cost include:

Rent

Property Tax

Insurance

Employee wages

The geometric average return for the given period is 10.22%.

To calculate the geometric average return for the given period, we need to use the following formula:

Geometric average return =  [tex][(1 + R1) * (1 + R2) * (1 + R3) * (1 + R4)] ^{(1/4)-1}[/tex]

Where R1, R2, R3, and R4 are the returns for the four years.

Plugging in the values, we get:

Geometric average return = [tex][(1 + 0.114) * (1 + 0.062) * (1 - 0.007) * (1 + 0.146)] ^ {(1/4)-1}[/tex]
= [tex][1.114 * 1.062 * 0.993 * 1.146] ^ {(1/4) - 1}[/tex]
= [tex]1.2925 ^ {0.25 - 1}[/tex]
= 0.1022 or 10.22%

Therefore, the geometric average return for the given period is 10.22%.

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Since the price elasticity of demand for potatoes is greater than 1, we can infer that consumer demand is elastic, meaning that a drop in price will result in a disproportionately large increase in the amount demanded.

The following formula elasticity can be used to determine the percentage change in potatoes quantity requested for each individual: In regards to Caroline:

Initial quantity requested (at CHF 5 per kilogram) equals 500 grams plus 800 grams, or 1300 grams. At CHF 4 per kilogram, the new quantity required is equal to 260 kg (500 grams at CHF 5 per kilogram plus 800 grams at CHF 4 per kilogram). Demand quantity change as a percentage: (260 - 1300)/1300 * 100% = -80.77%

Gustavo's benefit:

Initial quantity requested (at CHF 5 per kilogram) equals 1000 grams plus 1200 grams, or 2200 grams.

New quantity required (at CHF 4 per kilogram) equals 1000 grams at CHF 5 per kilogram plus 1200 grams at CHF 4 per kilogram for a total of 360 kg.

Demand quantity change as a percentage: (360 - 2200)/2200 * 100% = -83.64%

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Unlike a perfectly competitive firm, a monopolistically competitive firm faces a downward sloping demand curve, meaning that they have some market power and can influence the price of their product.

However, this demand curve is not perfectly inelastic as suggested in the question. In fact, the demand curve for a monopolistically competitive firm is relatively elastic because consumers have many substitutes available.
Because of this market power, a monopolistically competitive firm can earn positive economic profit in the short run, but not in the long run. In the short run, the firm can increase its price and still sell its product because there are no close substitutes available. This allows the firm to earn a profit. However, in the long run, new firms can enter the market and offer similar products, increasing competition and reducing the demand for the original firm's product. This results in a lower price and lower profit for the original firm.
Lastly, a monopolistically competitive firm does not have the same marginal revenue at every output level. This is because they have to lower the price of their product to sell more units, meaning that the marginal revenue decreases as output increases.
In summary, a monopolistically competitive firm has some market power and can earn positive economic profit in the short run, but not in the long run. Their demand curve is relatively elastic and they do not have the same marginal revenue at every output level.

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The present value factor for 12% and 10 years is 3.605, which can be found in Exhibit 2. Using this factor, the present value of the annual net cash flows is $2,884,000, and subtracting the initial investment cost of $3,000,000 and the residual value of $200,000 results in a net present value of -$316,000.

The net present value (NPV) of the equipment investment for Boulder Creek Industries can be calculated using the given information.

Assuming a desired rate of return of 12% and annual net cash flows of $800,000 for 10 years, the NPV can be determined by calculating the present value of each year's net cash flow and subtracting the initial investment cost from the sum of these present values.

This indicates that the investment would not be profitable at a desired rate of return of 12%.

Sensitivity analysis could be performed to determine the minimum annual net cash flow required to achieve a positive NPV, or the maximum acceptable rate of return given a certain level of net cash flow.

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It is true that if a member of a limited liability company (LLC) dissociates from the firm in violation of the operating agreement, they can be held liable for any loss to the business resulting from the withdrawal.

The given statement "if a member of a limited liability company (LLC) dissociates from the firm in violation of the operating agreement, they can be held liable for any loss to the business resulting from the withdrawal" is true because the operating agreement is a legally binding document that outlines the rights and responsibilities of each member in the LLC. When a member violates the terms of the agreement, they may be held liable for any damages or losses suffered by the firm as a result.

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XYZ Inc. is considering purchasing a new building that would increase cash flows by $8,500,000 per year, with a 25-year life and an 8% required rate of return.

The building's price is $25 million and will decline by $1,500,000 per year until it reaches $18 million, where it remains until it becomes obsolete.To maximize the Net Present Value (NPV) of this investment, XYZ Inc. should determine the optimal time to purchase the building. They must consider the declining cost of the building and the cash flows generated by the investment. To do this, calculate the NPV of the investment for each possible waiting period (0 to 7 years), as the building's price reaches $18 million after 7 years. The NPV formula is: NPV = (CF / (1 + r)^t) - C

Where:
- NPV is the net present value
- CF is the annual cash flow ($8,500,000)
- r is the required rate of return (8%)
- t is the time in years
- C is the cost of the building

For each waiting period, calculate the NPV and compare the results. The optimal waiting period will have the highest NPV. If XYZ Inc. is willing to wait and risk not acquiring the building, they should wait until the NPV is maximized. Remember that waiting too long may result in the building becoming obsolete or unavailable, so XYZ Inc. should carefully consider the risks and potential rewards of waiting for the optimal time to purchase the building.

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The decision to switch from internal to external recruitment or vice versa can be influenced by various factors. Some of the most common factors that may lead a firm to choose one over the other include:

1. Talent availability: If there is a shortage of skilled employees within the organization, a firm may decide to turn to external recruitment to attract and hire new talent. Conversely, if there are highly qualified and experienced individuals within the company, internal recruitment may be preferred to fill open positions.

2. Diversity and inclusion: External recruitment can help firms bring in a diverse pool of candidates with different backgrounds, experiences, and perspectives. This can lead to a more inclusive and innovative workplace. Alternatively, if diversity and inclusion are already strong within the company, internal recruitment may be preferred to promote and develop existing talent.

3. Cost and time efficiency: External recruitment can be costly and time-consuming, especially if firms are using recruitment agencies or advertising extensively. In contrast, internal recruitment can be faster and cheaper since the firm already has a pool of potential candidates.

4. Organizational culture and values: Firms may choose internal recruitment to maintain their organizational culture and values, which can be harder to assess in external candidates. On the other hand, external recruitment may bring fresh ideas and perspectives that can help the organization evolve and adapt to changing market conditions.

Overall, the decision to switch from internal to external recruitment or vice versa will depend on various factors, including the talent availability, diversity and inclusion, cost and time efficiency, and organizational culture and values. A careful assessment of these factors can help firms make an informed decision that aligns with their business objectives and human resource strategies.

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While Apple has achieved global success through innovative products, strong branding, and effective marketing, it must navigate challenges such as competition, regulations, and labor issues while continuing to innovate and adapt to maintain its position.

One example of a successful global organization/brand is Apple Inc. The factors that have led to its success include its innovative products, strong brand image, and effective marketing strategies. Apple has consistently produced high-quality and aesthetically pleasing products that appeal to a global audience.

Additionally, the company's brand image is associated with being at the forefront of technology, which has helped it maintain a loyal customer base. However, Apple also faces challenges in operating globally, including intense competition in the technology industry, varying regulations in different countries, and labor issues related to its supply chain.

For example, in recent years, Apple has faced scrutiny over the labor conditions of its suppliers in China. Furthermore, the company must continue to innovate and adapt to changing consumer preferences and technology trends in order to maintain its competitive edge.

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The most appropriate manufacturing process for producing and selling custom design wedding cakes would likely be a job shop production process.

Job shop production is characterized by producing customized products in small quantities, often one-of-a-kind or unique items that require flexibility and customization to meet individual customer requirements.

Custom design wedding cakes are typically made to order and require personalized designs, decorations, and specifications based on the preferences and requests of the individual customers. Job shop production allows for the flexibility and versatility needed to accommodate these customizations and produce unique wedding cakes tailored to the specific needs and preferences of each customer.

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Complete Question

Which manufacturing process would be the most appropriate to use if you were producing and selling custom design wedding cakes?

A) Continuous flow production

B) Batch production

C) Make-to-stock

D) Line flow production

E) Assemble-to-order

F) Job shop production

The likelihood of Duce Bank providing a $16,000 loan to Mr. Smith for the newly constructed building will depend on several factors, including the value of the property, the outstanding balance on the existing mortgage with ACE Bank, and Mr. Smith's creditworthiness.

Ultimately, the decision of whether or not to provide the loan will depend on the specific circumstances of Mr. Smith's situation.

The likelihood of Duce Bank providing a $16,000 loan to Mr. Smith for the newly constructed building will depend on several factors, including the value of the property, the outstanding balance on the existing mortgage with ACE Bank, and Mr. Smith's creditworthiness.

One way to estimate the value of the property is to look at recent sales of similar properties in the area. If similar properties have sold for around $150,000, for example, then Mr. Smith's property might be worth around that amount as well.

If Mr. Smith still owes $70,000 on the original mortgage with ACE Bank, then the total value of the property would be $150,000 - $70,000 = $80,000. This means that the equity in the property (the value of the property minus the outstanding mortgage balance) is $80,000 - $16,000 = $64,000.

If Mr. Smith has good credit and a steady income, then Duce Bank may be willing to provide a loan secured by the newly constructed building. However, if Mr. Smith has poor credit or a history of delinquencies, Duce Bank may be hesitant to extend credit.

Ultimately, the decision of whether or not to provide the $16,000 loan will depend on the specific circumstances of Mr. Smith's situation, including the value of the property, the outstanding mortgage balance, and Mr. Smith's creditworthiness.

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Data preparation, is the third step in the CRISP-DM data mining process, is more commonly called as data preprocessing.

Data preprocessing is the process of preparing and cleaning raw data before it is analyzed or used for machine learning models. The goal of data preprocessing is to transform the raw data into a clean and structured format that can be easily analyzed and used by algorithms.

These steps may include data cleaning, data integration, data transformation, and data reduction. Data preprocessing is a critical step in the data mining process because the quality of the data used for analysis can significantly impact the accuracy and validity of the results obtained from the data mining process.

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Using Table 12-12, the depreciation percentages for each year are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76% for years 1 through 6, respectively.

The present value of cost savings for the next six years of purchasing new equipment with a cost of $140,000 and a discount rate of 10% is $19,535.77.

Comparing this amount to the cost of the new equipment, it does not seem to be worth investing in the new equipment at this time, and the company would be better off using the current equipment and exploring other cost-saving measures.

The accumulated depreciation on the current equipment is $29,200, and it can be sold for $20,800. T

The equipment was purchased for $50,000 two years ago and falls into the five-year category for MACRS depreciation.

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Understanding the spend category refers to the detailed analysis of the organization's spending on products, goods, and services. The spend category is a system used to organize spending according to business needs, including the type of product or service being acquired and the total expenditure. Understanding the spend category helps businesses to identify savings opportunities and reduce costs through strategic procurement activities.

A supplier market assessment is a process of examining the supply market for potential suppliers. It entails identifying possible suppliers who can provide the required goods or services and assessing them based on various criteria. The criteria include the company's financial performance, business practices, quality standards, technical capabilities, and capacity to deliver goods or services. Supplier market assessment is critical in identifying reliable suppliers who can provide quality goods and services.

A supplier survey is a method of obtaining feedback from suppliers on various aspects of the business relationship, including quality, delivery times, and service levels. It aids in the identification of potential issues that may impact the supplier's ability to meet the organization's needs. The survey is an essential tool for collecting data and using it to improve supplier performance.

Building the strategy entails identifying the organization's goals and objectives and creating a roadmap for achieving them. The strategy outlines the activities that the business needs to undertake to attain its goals. Building the strategy involves analyzing market trends, identifying opportunities and risks, and developing action plans to address them. The strategy also outlines the resources needed to implement the plans and the timeline for achieving the objectives. Building the strategy is an iterative process that requires continuous monitoring and adjustment to ensure that it remains relevant and effective.

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In order to answer the question you need to add the choices so I can solve it properly.

Explanation:

According to the financial projections, a change in interest rates at First National Bank is expected to result in a substantial decrease in income. The projected reduction amounts to $1,260,000, with income dropping from $2,000,000 to $740,000.

First National Bank is facing a scenario in which the cost of making loans is expected to change from the current 2 percent interest to either 3 percent or 4 percent interest in the next year. The bank predicts a 10 percent probability of a decrease to 2 percent interest rate, a 50 percent probability of a 3 percent interest rate, and a 40 percent probability of an increase to 4 percent interest rate. Given this information, we can calculate the expected financial impact of changing interest rates at First National Bank.

If the interest rate remains at 2 percent, the bank's income will be $2,000,000. If the interest rate increases to 3 percent, the bank's income will fall to $1,000,000. If the interest rate increases to 4 percent, the bank's income will decrease to $100,000. Using the probabilities provided, we can calculate the expected income for the bank as follows:

Expected income = (Probability of 2% interest rate x Income at 2% interest rate) + (Probability of 3% interest rate x Income at 3% interest rate) + (Probability of 4% interest rate x Income at 4% interest rate)

Expected income = (0.1 x $2,000,000) + (0.5 x $1,000,000) + (0.4 x $100,000)

Expected income = $200,000 + $500,000 + $40,000

Expected income = $740,000

Therefore, the expected financial impact of changing interest rates at First National Bank is a decrease in income from $2,000,000 to $740,000, or a decrease of $1,260,000. The bank should take steps to prepare for this potential decrease in income, such as cutting costs or finding new sources of revenue.

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The methodology that takes the end product requirements from the MPS (Master Production Schedule) and breaks them down into their component parts and subassemblies to create a materials plan is called Materials Requirement Planning (MRP).

MRP is a computer-based inventory management system that helps to ensure that the right materials are available at the right time and in the right quantities to meet production demands. MRP takes into account the lead time for each component or subassembly, current inventory levels, and the production schedule to determine the timing and quantity of materials needed for each stage of production.

This allows companies to minimize inventory carrying costs while ensuring that production schedules are met. Aggregate capacity planning, capacity requirements planning, and order scheduling are other methodologies used in production planning, but they do not specifically address materials planning and inventory management in the way that MRP does.

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Happy Giraffe will pay $2.10 to the underwriter on a per-share basis for each new share of preferred stock that it issues. This is because the underwriting cost is 2.10% of the selling price of the new shares, which is $100 per share.

Preferred stock is a type of stock that pays a fixed dividend and has priority over common stock when it comes to receiving dividends and assets in the event of bankruptcy. In this case, Happy Giraffe's preferred stock pays a dividend of $5.00 per share.

An underwriter is a financial institution or individual that helps companies like Happy Giraffe issue new securities, such as preferred stock. The underwriter buys the new securities from the company and then resells them to investors.

A dividend is a payment made by a company to its shareholders, typically out of its profits. In the case of Happy Giraffe's preferred stock, it pays a fixed dividend of $5.00 per share to its shareholders.

In summary, Happy Giraffe will pay $2.10 to the underwriter on a per-share basis for each new share of preferred stock that it issues. This cost is incurred due to the underwriting (or flotation) cost, which is a fee charged by the underwriter for its services in helping the company issue new securities.

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The correct answer to the question is d) applicant tracking.

Applicant tracking refers to the process of collecting and organizing information about job candidates throughout the hiring process. This includes recording all interactions with potential new hires, such as resumes, applications, emails, phone calls, and interviews. By using an applicant tracking system (ATS), recruiters and hiring managers can keep track of all applicants in one place, ensuring that no candidate falls through the cracks.

Applicant tracking is essential for companies that receive a high volume of job applications or have a lengthy hiring process. It allows them to manage and streamline their recruitment efforts, making it easier to identify top candidates and move them through the hiring process quickly. ATS also helps to ensure compliance with hiring regulations and reduce the risk of discrimination by keeping track of all applicants' qualifications and job-related information.

In summary, applicant tracking is the process of recording all interactions with potential new hires and managing their information throughout the hiring process. It is an essential tool for recruiters and hiring managers looking to streamline their recruitment efforts, improve the candidate experience, and make more informed hiring decisions.

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The statement "A monopolistically competitive firm will maximize profits by charging a price equal to marginal cost" is true.

In addition to not producing the amount at the point where the marginal cost curve and the demand curve cross, a monopolistically competitive firm will not maximize profits by setting its price at the marginal cost.

Instead, a monopolistically competitive firm will produce the amount where marginal cost equals marginal income in order to maximize profits. Businesses generate differentiated goods that are imperfect alternatives for one another in a monopolistically competitive market.

Because of the higher price it will charge, a monopolistically competitive firm won't create the quantity at the point where the demand curve crosses the marginal cost curve.

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In economics, the basic assumption is that people respond to incentives by preferring more to less option A is correct. This means that individuals are motivated to consume more of a good or service if it brings them greater satisfaction or utility.

People also experience positive marginal utility from consumption, which means that the more they consume of a good or service, the greater the additional satisfaction or utility they derive from each additional unit. This is why people are often willing to pay more for additional units of a good or service.

To increase their utility, people act in ways that will maximize their satisfaction or happiness. This could involve buying more of a particular product, finding ways to reduce the cost of a product, or simply finding a more efficient way to consume the product. For example, if a person enjoys drinking coffee, they may try to find a cheaper brand or a way to make their own coffee at home to increase their overall utility.

In some cases, however, people may prefer less to more. This could happen if a good or service becomes too expensive or if there are negative consequences associated with consuming it. For instance, a person may choose to consume less junk food if they are concerned about their health, even if they derive pleasure from eating it.

Overall, the assumption that people prefer more to less, experience positive marginal utility from consumption, and act to increase their utility is central to understanding how individuals make economic decisions and how markets operate.option A is correct

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Yes, this is a valid contract of sale. .

The given problem states that A agrees to deliver his old CTV for Rs. 30,000 to B, an electronic dealer, in exchange for a new CTV and agrees to pay the difference in cash. It is asked whether this is a valid contract of sale or not.

The given problem presents a valid contract of sale. In this case, the old CTV is the subject matter of the contract while the new CTV is the price of the contract.

The agreement reached between A and B is perfectly valid and fulfills all the requirements of a valid contract of sale.As a result, the answer to the given problem is that it is indeed a valid contract of sale.

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The payoff for a European put option written on Company A equity with a strike price of $35 and time to maturity of 1 year is $0 for the up scenario and $6.94 for the down scenario.

Using the given values, we can calculate that the up and down scenarios for the stock price after one year would be

Up scenario $43.26 * 1.35 = $58.46

Down scenario $43.26 * 0.65 = $28.06

To calculate the payoff for a European Put Option with a strike price of $35 and time to maturity of 1 year, we need to compare the strike price to the stock price in each scenario.

Up scenario the option would not be exercised, as the stock price is above the strike price. The payoff would be $0.

Down scenario the option would be exercised, as the stock price is below the strike price. The payoff would be $35 - $28.06 = $6.94.

Therefore, the payoff for a European Put Option in this scenario would be $0 in the up scenario and $6.94 in the down scenario.

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Productivity is a measure of output per worker, and it can be affected by factors such as physical capital and labor force size.

In 2016, the economy of Sporon has a physical capital of 11 tools per worker and a labor force of 30 workers, producing a total output of 1,800 glops of gloop. To calculate productivity (glops per worker), we need to divide the total output by the labor force.

2016 Productivity: 1,800 (glops of gloop) ÷ 30 (workers) = 60 (glops per worker)

In 2046, the physical capital per worker has increased by 5 tools, resulting in 16 tools per worker. The labor force remains constant at 30 workers, and the total output has increased to 2,160 glops of gloop. We can now calculate productivity for 2046.

2046 Productivity: 2,160 (glops of gloop) ÷ 30 (workers) = 72 (glops per worker)

The increase in physical capital per worker has led to an increase in productivity in Sporon's economy. In 2016, each worker produced 60 glops of gloop, while in 2046, they produced 72 glops of gloop. This demonstrates the positive impact of additional tools on the productivity of an economy, allowing workers to produce more output with the same labor force.

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If a manager's preferences depend solely on output and not on profits, then their indifference curves will be linear and parallel to the x-axis. This is because the manager will be indifferent between any combination of output and profits, as long as the output remains constant.

In other words, the manager's preferences will be solely based on maximizing output, and they will be indifferent to changes in profits. Therefore, their indifference curves will be horizontal lines, which represent all the combinations of profits and output that yield the same level of satisfaction for the manager.

If profits are on the y-axis and output is on the x-axis and a manager's preferences depend solely on output, their indifference curves will be straight lines since their preferences are not affected by changes in profits. This is because the manager is solely concerned with maximizing output and is indifferent to the level of profits. Therefore, any combination of output and profits that yield the same level of output will be equally preferred by the manager, resulting in straight-line indifference curves.

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The following options describe the technical analysis method of determining a buy, sell, or hold price for a security:

Technical analysis involves using past market data and chart patterns to predict future price movements of securities. Technical analysts use various tools such as moving averages, trendlines, and oscillators to identify patterns and trends in the market. They also consider support and resistance levels, which are price points where buying or selling pressure may cause the stock to rebound or fall.

Charting involves the use of technical indicators to identify entry and exit points for trading. Technical analysis is based on the premise that historical price and volume data can provide insights into future market behavior.

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The type of authority described in the question is called implied authority.

Implied authority refers to the authority that an agent, such as Susan in this case, is presumed to have in order to conduct the business of the principal, which is the owner of the business.

Implied authority is not explicitly granted to the agent, as in the case of express authority, but is instead inferred from the circumstances of the relationship between the principal and the agent.

In other words, if it is reasonable to assume that certain actions are necessary for the agent to conduct the business of the principal, then the agent has implied authority to take those actions.

In the case of Susan managing the basketball manufacturing business, it is reasonable to assume that she would need to purchase supplies in order to conduct the business. Therefore, she has implied authority to make contracts for purchasing supplies, even if this authority is not explicitly stated in her contract with the principal.

Overall, implied authority is an important concept in agency law, as it helps to clarify the extent of an agent's authority to act on behalf of a principal in a given situation.

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