The position of a company that is sharing the business with other competitors can be considered as "Competitive."
When a company is sharing the business with other competitors, it is in a competitive position. This means that the company is operating in a market where there are other businesses offering similar products or services.
Being in a competitive position can have both advantages and disadvantages. On one hand, it indicates that there is demand for the products or services being offered, as there are multiple companies vying for customers. This can lead to healthy competition, innovation, and improvement in the quality of products or services.
On the other hand, being in a competitive position means that the company needs to differentiate itself from its competitors in order to attract customers. This can involve various strategies such as offering lower prices, providing better customer service, or having unique features that set the company apart.
Ultimately, the success of a company in a competitive position depends on factors such as its ability to understand and meet customer needs, its marketing and branding strategies, and its overall competitiveness in the market.
In the context of the given options, the position of a company that is sharing the business with other competitors can be considered as "Competitive."
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Ed plans to receive $2.000 interest in 200 days on his investment of $40,000 At what interest rate should he plan to invest, as a percentage to one decimal place? A. 9.1% B. 20.0% C. 10.0% D. 9.6% E. 34.7 %
Given that Ed plans to receive $2,000 interest in 200 days on his investment of $40,000.
We need to find out the interest rate at which he should plan to invest in as a percentage to one decimal place.Interest is given by the formula,I = PRT Where,I = Interest P = Principal R = Rate T = Time We have,P = $40,000I = $2,000T = 200 days R = ?
Now, substituting the given values in the formula,2000 = 40000 × R × (200/365)2000 = 40000R × 20/3652000 = 1095.89 RR = 2000/1095.89 R = 1.82337 or 182.34%
Therefore, the interest rate at which Ed should plan to invest is 1.82337 or 182.34%.Rounding off to one decimal place, we get 18.2%.Hence, the correct option is A. 9.1%.
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At Year-End 2019, Wallace Tandscaping's Total Assets Were $2.21 Million, And Its Accounts Payable Were $435,000. Sales, Which In 2019 Were $2.4 Million, Are Expected To Increase By 25% In 2020 . Total Assets And Accounts Payable Are Proportional To Sales, And That Reiationship Will Be Maintained. Wallace Typically Uses No Current Liabilities Other Than
At Year-End 2020, Wallace Landscaping's Total Assets are expected to be $2.76 million and its Accounts Payable are expected to be $543,000.
At Year-End 2019, Wallace Landscaping's Total Assets were $2.21 million and its Accounts Payable were $435,000. Sales, which were $2.4 million in 2019, are expected to increase by 25% in 2020. Total Assets and Accounts Payable are proportional to Sales, and that relationship will be maintained. Wallace typically uses no current liabilities other than Accounts Payable.
To calculate the expected Total Assets and Accounts Payable for 2020, we can use the proportional relationship with Sales.
Step 1: Calculate the expected Sales for 2020:
Expected Sales for 2020 = 2019 Sales + (2019 Sales * Sales Growth Rate)
Expected Sales for 2020 = $2.4 million + ($2.4 million * 0.25)
Expected Sales for 2020 = $3 million
Step 2: Calculate the expected Total Assets for 2020:
Total Assets for 2020 = 2019 Total Assets * (2020 Sales / 2019 Sales)
Total Assets for 2020 = $2.21 million * ($3 million / $2.4 million)
Total Assets for 2020 = $2.7625 million or $2.76 million (rounded)
Step 3: Calculate the expected Accounts Payable for 2020:
Accounts Payable for 2020 = 2019 Accounts Payable * (2020 Sales / 2019 Sales)
Accounts Payable for 2020 = $435,000 * ($3 million / $2.4 million)
Accounts Payable for 2020 = $543,750 or $543,000 (rounded)
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A firm is deciding whether or not to invest in a new piece of machinery. The equipment would cost $1500, and it would increase cash flows by $900 for the next two years. If the cost of capital is 8% then the net present value of the investment is
the net present value of the investment is $105.53.
The net present value (NPV) of the investment can be calculated by subtracting the initial cost of the machinery from the present value of the cash flows it generates. The present value of the cash flows can be calculated using the formula: PV = CF / (1 + r)^n Where CF is the cash flow, r is the discount rate (cost of capital), and n is the number of years. In this case, the cash flow is $900 and it lasts for two years. The discount rate is 8%.
So, the present value of the cash flows is calculated as follows: PV = $900 / (1 + 0.08)^1 + $900 / (1 + 0.08)^2 PV = $900 / 1.08 + $900 / 1.1664 PV = $833.33 + $772.20 PV = $1605.53 To calculate the net present value, subtract the initial cost of the machinery ($1500) from the present value of the cash flows ($1605.53). Net Present Value = $1605.53 - $1500 Net Present Value = $105.53 Therefore, the net present value of the investment is $105.53.
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Consider the market for food in a hypothetical Country A.
(a) In the space provided below, draw a diagram of the market for food. Then show (and
explain) what would happen if there was a large influx of migrants attracted by a
mining boom in that country. (b) Suppose the government of Country A is concerned about consumers not being able to
afford this basic necessity, and therefore does not allow the price of food to rise. How
will this affect the market for food? Show this in the diagram. (c) Evaluate the consequences of this government policy. (d) How might the government use an alternative type of government intervention to
achieve the same outcome?
a) In response to a large influx of migrants attracted by a mining boom, the demand for food in Country A would increase.
This would result in a rightward shift of the demand curve in the market for food. As a result, both the equilibrium price and quantity of food would increase. The diagram would show a shift of the demand curve to the right, leading to a new equilibrium with a higher price and quantity of food.
b) If the government does not allow the price of food to rise despite concerns about affordability, it would create a situation of price control or price ceiling. This would lead to excess demand or a shortage of food in the market. In the diagram, it would be shown as the demand curve shifting to the right but the price being artificially held below the equilibrium price, resulting in a gap between the quantity demanded and the quantity supplied.
c) The consequence of the government policy would be a persistent shortage of food, as the price control prevents the market from reaching equilibrium. This could lead to black market activities, reduced quality and availability of food, and increased reliance on government subsidies or rationing.
d) An alternative type of government intervention to achieve the same outcome of ensuring affordability of food could be through direct income transfers or subsidies targeted at low-income individuals or vulnerable groups. This would address the affordability issue without distorting the market equilibrium and causing persistent shortages.
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Refer to the diagram below. In this instance: ine tic.
A right triangle is a triangle that has one angle measuring 90 degrees (a right angle). It is denoted by a small square in the corner where the right angle is located. In the given diagram, the right angle is represented by the angle indicator (∟).
What are the properties of a right triangle?A right triangle is a triangle that has one angle measuring 90 degrees (a right angle). It is denoted by a small square in the corner where the right angle is located. In the given diagram, the right angle is represented by the angle indicator (∟).
The properties of a right triangle include the following:
1. Pythagorean Theorem: It states that the square of the length of the hypotenuse (the side opposite the right angle) is equal to the sum of the squares of the lengths of the other two sides. Mathematically, it can be expressed as \(c^2 = a^2 + b^2\), where \(c\) is the length of the hypotenuse, and \(a\) and \(b\) are the lengths of the other two sides.
2. Side Relationships: The lengths of the sides in a right triangle have specific relationships. The side opposite the right angle (hypotenuse) is the longest side, while the other two sides (legs) are shorter and may have different lengths.
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Role of marketing in society in education industry to eradicate poverty. (relate to UN Sustainable Development Goals (500 - 600 words) NO PLAGIARISM
The role of marketing in the education industry is crucial in eradicating poverty and aligns with the United Nations' Sustainable Development Goals (SDGs). Marketing plays a significant role in promoting educational opportunities, ensuring access to quality education, and addressing poverty-related challenges.
1. Creating awareness: Marketing helps raise awareness about the importance of education in breaking the cycle of poverty. It promotes the value of education by highlighting its benefits and its role in socioeconomic development.
2. Targeting marginalized communities: Marketing can specifically target marginalized communities to ensure that educational opportunities are accessible to everyone, regardless of their socioeconomic background. This inclusivity helps address poverty by providing equal access to education.
3. Promoting scholarships and financial aid: Marketing efforts can focus on promoting scholarships and financial aid programs, making education more affordable for students from disadvantaged backgrounds. By reducing financial barriers, these initiatives help alleviate poverty by enabling individuals to pursue higher education.
4. Encouraging vocational and skills-based training: Marketing campaigns can emphasize the importance of vocational and skills-based training to address poverty. By promoting these types of education, marketing can help individuals acquire the necessary skills to secure better job opportunities, leading to improved socioeconomic conditions.
5. Engaging with stakeholders: Marketing in the education industry involves engaging with various stakeholders, including governments, NGOs, and communities. Collaborative efforts can help identify poverty-related challenges and develop strategies to overcome them. Marketing can facilitate partnerships that result in targeted initiatives to address poverty through education.
6. Advocating for policy changes: Marketing can play a role in advocating for policy changes that support poverty eradication through education. By raising awareness about the importance of education in reducing poverty, marketing campaigns can influence policymakers to allocate resources and prioritize educational initiatives.
7. Leveraging technology: Marketing can harness the power of technology to reach a wider audience and provide educational opportunities in underserved areas. Online platforms, digital marketing, and e-learning solutions can help bridge the educational gap and empower individuals in poverty-stricken communities.
8. Monitoring and evaluation: Marketing can contribute to poverty eradication by monitoring and evaluating the impact of educational initiatives. By assessing the effectiveness of different programs and campaigns, marketing can identify areas for improvement and ensure resources are utilized efficiently.
In conclusion, the role of marketing in the education industry is vital in eradicating poverty. By creating awareness, targeting marginalized communities, promoting scholarships and financial aid, encouraging vocational training, engaging stakeholders, advocating for policy changes, leveraging technology, and monitoring progress, marketing can contribute significantly to achieving the United Nations' Sustainable Development Goal of eradicating poverty through education.
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Some functions of the Federal Reserve Systems are: 1. Control the money supply 2. Supply the economy with paper money 3. Provide check-clearing services 4. Hold depository institution's Reserves 1 and 2 O1 only O 1, 2 and 3. all of them
Option (3), All of them. The Federal Reserve System has three main objectives: maximum employment, stable prices, and moderate long-term interest rates.
They were established by Congress in the Federal Reserve Act of 1913. These objectives are known as the Federal Reserve's monetary policy. The Fed's main purpose is to help keep the economy healthy and stable.
1. Control the money supply: One of the Federal Reserve's most important functions is regulating the money supply. They determine how much money should be circulated in the economy.
2. Supply the economy with paper money: The Federal Reserve also ensures that there is enough cash in circulation.
3. Provide check-clearing services: The Fed offers check-clearing services to depository institutions to ensure that checks can be processed efficiently.
4. Hold depository institution's Reserves: Depository institutions must hold a certain amount of money in reserve, which is held by the Federal Reserve. The amount of money a bank must hold in reserve is determined by the Fed. Hence, All of them are functions of the Federal Reserve System.
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Do you agree with the final outcome? Why or why not?
the Bouchat v. Baltimore Ravens, et al. (2008) case has an interesting historical back- ground. When the Cleveland Browns moved to Baltimore in 1995, they were forced to leave their logo and brand in Cleveland. Upon settling in Baltimore, the team began to explore a new team name and brands (i.e., team logos) that might accompany the new name. Bouchat, a security guard and amateur artist, took a real interest in the team and began to draw various logos for the names the team was exploring, including a wing shield for the name "Ravens." A few months later, when the team elected that name, Bouchat sent his shield drawing to the Maryland Stadium Authority, asking the author- ity to pass the drawing on to the Ravens’ president. if the president decided to use the shield, Bouchat wanted a letter of recognition and a signed helmet. Bouchat received no response. "through a series of misunderstandings, Bouchat’s Shield Drawing was sent to the Stadium Authority Chairman’s law office, forwarded to the Ravens’ temporary headquarters, forwarded to the NFl in New York, and then to the commercial artists working on the Ravens project. there is no reason to believe that the Ravens or NFl intentionally caused the Shield Drawing to be provided to the artists. Nevertheless, the Shield Drawing was provided to the artists who used Bouchat’s drawing as the basis for the ‘Flying B logo’" (Bouchat v. Baltimore Ravens et al., 2008, 693). the Ravens’ new logo, the "Flying B," created by the National Football league Properties (NFlP), looked a great deal, if not exactly, like Bouchat’s submission. the Ravens were unaware that the NFlP had taken the work from a third party. Bouchat sued the Ravens and the NFlP for infringing his copyright on the shield drawing and a number of other drawings. he asked for ten million dollars (Bouchat v. Baltimore Ravens Football Club, Inc., 2003). the court bifurcated the case, trying the liability issue first and then the damages. A jury found for Bouchat because his shield drawing had been copied. the Copyright Act (17 USC 504) entitled him to actual damages and any profits that were not taken into account in computing the actual damages. the jury had difficulty in arriving at the appropriate damage award and ended by not making an award. Bouchat appealed. he stated that he should at least get the statutory damage al- located in the law. Again, Bouchat was not clear about the actual losses he sustained from the infringement of his copyright, so the court denied monetary damages. thus, the district court affirmed the trial court’s decision. in 2007, Bouchat brought suit against all licenses of the NFlP. the United States Court of Appeals, Fourth Circuit, confirmed the district court’s decision that statutory damages were not to be awarded because the artist had "failed to register his copyright before the infringement began" (Bouchat v. Bon-Ton Department Stores, Inc. et al., 2007, 315).
Yes, I agree with the final outcome of the Bouchat v. Baltimore Ravens, et al. (2008) case. Although the court ruled in favor of Bouchat, he was not able to receive any monetary damages because he failed to register his copyright before the infringement began.
Bouchat was not clear about the actual losses he sustained from the infringement of his copyright, so the court denied monetary damages.
However, I do believe that Bouchat's creative work and artistic contribution to the Ravens' brand should have been recognized and acknowledged. His shield drawing was copied and used as the basis for the "Flying B" logo. The jury found that his copyright had been infringed and entitled him to actual damages and any profits that were not taken into account in computing the actual damages.
It is unfortunate that the Ravens and the NFLP did not give proper credit to Bouchat for his work and did not respond to his request for recognition and a signed helmet. Although Bouchat was not able to receive monetary damages, I hope that his case serves as a reminder to individuals and organizations to respect and acknowledge the creative work of others.
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If actual real GDP is $13 trillion and potential GDP is $9 trillion, then the output gap is Select one: $4 trillion and it is negative $9 trillion and it is positive $4 trillion and it is positive $13 trillion and it is negative
The output gap is $4 trillion and it is positive.
The output gap is calculated by subtracting potential GDP from actual real GDP. In this case, the actual real GDP is $13 trillion and the potential GDP is $9 trillion. When we subtract $9 trillion from $13 trillion, we get an output gap of $4 trillion.
The positive output gap indicates that the economy is currently operating above its potential level. This suggests that there is an excess in the production of goods and services compared to what the economy can sustainably produce in the long run. This can be an indication of inflationary pressures in the economy, as the increased production may lead to higher demand for resources and potentially result in higher prices.
A positive output gap can also imply that the economy is in a phase of expansion or recovery, with higher levels of employment and increased economic activity. However, it is important to monitor this situation closely, as sustained high levels of output beyond the economy's potential can lead to overheating and economic imbalances.
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A knitting factory worker who loses his job because the company purchased a knitting robot is an example of
A knitting factory worker losing their job due to the company purchasing a knitting robot is an example of technological unemployment.
Technological unemployment refers to job loss caused by advancements in technology and automation.
this scenario, the knitting factory worker becomes redundant as their job is replaced by a knitting robot. The introduction of automation can improve efficiency and reduce costs for companies, but it can also lead to job displacement for workers who are no longer needed to perform tasks that can be automated. This is a common example of how technological advancements can impact the workforce and contribute to unemployment in certain industries. It highlights the need for workers to adapt their skills to match the changing job market and for societies to consider policies and strategies to mitigate the negative effects of technological unemployment.
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Suppose the average worker in the U.S. is 8 times as productive as the average worker in Mexico. If the productivity of U.S. workers grows at 1% for 25 years and the productivity of Mexico’s workers grows at 5% for 25 years, which country will have higher productivity in 25 years?
Mexico
U.S.
Given that the average worker in the U.S. is currently 8 times as productive as the average worker in Mexico. If the productivity of U.S. workers grows at 1% annually for 25 years, the growth factor would be (1 + 0.01) ^ 25 = 1.2801.
Since 3.39 is still less than 8, the U.S. remains more productive. Similarly, if the productivity of Mexico's workers grows at 5% annually for 25 years, the growth factor would be (1 + 0.05) ^ 25 = 3.3868. After 25 years, the productivity ratio between the U.S. and Mexico would be 8 * 1.2801 = 10.2408. worker's productivity are not sufficient to surpass the U.S. productivity level in 25 years. The initial productivity gap and the slower growth rate of the U.S. Even with Mexico's higher productivity growth rate .
With the higher growth rate, Mexico's workers will experience a greater increase in productivity over 25 years. Thus, Mexico will have higher productivity than the U.S. in 25 years.
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What is the price of Thera corpn zero coupon bond with five years
to maturity the bond was originally sold with a yield to maturity
equal to 10% but the market rate today is 11%
The price of the Thera Corp. zero-coupon bond with five years to maturity, given a yield to maturity of 10% at issuance and a current market rate of 11%, is approximately $614.47.
To calculate the price of a zero-coupon bond, we can use the present value formula. The formula is as follows:
Price = Face Value / (1 + Market Rate)^Years to Maturity
Given: Face Value = $1,000 (assuming a par value of $1,000)
Years to Maturity = 5 years
Yield to Maturity at issuance = 10% = 0.10
Market Rate today = 11% = 0.11
Using the present value formula, we can calculate the price of the zero-coupon bond:
Price = $1,000 / (1 + 0.11)^5
Price = $1,000 / (1.11)^5
Price ≈ $614.47
Therefore, the price of the Thera Corp. zero-coupon bond with five years to maturity, given a yield to maturity of 10% at issuance and a current market rate of 11%, is approximately $614.47.
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Answer each question True or False and explain your answer. Each answer can be explained with a short sentence or two and/or a graph.
1. Over the past century, the productivity of farmers has risen substantially due to technological progress. According to our theory, this technological progress should result in higher real wages paid to labor.
Over the past century, the productivity of farmers has increased substantially due to technological progress. Due to this, it's reasonable to predict that higher real wages will be paid to labor as a result of this technological progress.True.
The productivity of farmers has risen substantially over the past century due to technological advancements. According to a theory, the technological progress should result in higher real wages paid to labor. Thus, the answer is true.
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Given the equation 4x2+2xy+y2−8=0, find y′ and y′′ at the point (x,y)=(0,2)
The answer is , the value of y' and y'' at the point (0,2) are 2 and 4, respectively.
How to find?Firstly, we find the gradient of the curve at the point (0,2). Taking the partial derivative of the given equation with respect to x, we have:
[tex]∂ / ∂x (4x2 + 2xy + y2 - 8) = 8x + 2y(∂y/∂x)[/tex]
At (0,2), we have:
[tex]∂ / ∂x (4x2 + 2xy + y2 - 8) = 8(0) + 2(2)∂y/∂x[/tex]
= 4/2
= 2
Therefore, y' = ∂y/∂x
= 2.
At the point (0,2), the tangent to the curve has slope 2. Now, taking the partial derivative of the equation with respect to x again, we get:
[tex]∂2 / ∂x2 (4x2 + 2xy + y2 - 8) = 8[/tex]
The second derivative of y with respect to x is given by:
[tex]∂2y / ∂x2 = [∂ / ∂x (2y)] / ∂x[/tex]
= [tex]2(∂y/∂x)[/tex]
Differentiating with respect to x, we get:
[tex]∂2y / ∂x2 = 2(y')At (0,2), y'[/tex]
= 2.
Thus, y'' = 2y'
= 2(2)
= 4.
Therefore, the value of y' and y'' at the point (0,2) are 2 and 4, respectively.
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Suppose an environmental policy maker estimated the damage and abatement costs for a pollution reduction project as follows: MD = 0.8E and MAC = 144 – E.
What would be the Total Benefits and Total Costs and Net Benefits of the project? Show your calculations.
Therefore, the total benefit of the project is (144 - 0.2E), the total cost is (154 - E), and the net benefits are (-10 + 0.8E).
Given:
MD = 0.8EMAC
= 144 - E
The total benefit is the sum of the reduction in damages (MD) and the reduction in abatement costs (MAC).
The total cost is the sum of the abatement cost (MAC) and the direct cost (DC).
The equation for net benefits is
NB = TB - TC; where TB is the total benefits and TC is the total costs.
Calculation of Total Benefit TB = MD + MAC
= 0.8E + 144 - E
= 144 - 0.2E
The equation for the total cost of the project is:
TC = MAC + DCTC
= 144 - E + 10TC
= 154 - E
Calculation of Net Benefits NB = TB - TC
= (144 - 0.2E) - (154 - E)
= 144 - 0.2E - 154 + E
= -10 + 0.8E
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A firm has a gross profit margin of 57.00% currently. The firm has reported gross profit for 2020 of $778,975.00. The firm has a target Days Sales Outstanding of 30 days. If the firm is collecting on schedule, what is the current accounts receivable turnover for the firm?
With a gross profit margin of 57.00% and a reported gross profit of $778,975.00 for 2020, the firm's current accounts receivable turnover is approximately 6.78 times.
The accounts receivable turnover ratio is a financial metric that measures how efficiently a company collects its accounts receivable. It is calculated by dividing net credit sales by the average accounts receivable balance.
However, since the net credit sales information is not provided in this question, we will use an alternative method to calculate the turnover based on the given data.
The gross profit margin represents the percentage of revenue that remains after deducting the cost of goods sold. In this case, the gross profit margin is 57.00%. Using this information, we can infer that the cost of goods sold (COGS) is 43.00% of the revenue (100% - 57.00%).
To find the revenue, we can divide the reported gross profit for 2020 by the gross profit margin: $778,975.00 / 0.57 = $1,366,228.07 (approximately).
Next, we can calculate the average accounts receivable balance using the target Days Sales Outstanding (DSO) of 30 days. The average accounts receivable balance is obtained by multiplying the daily sales by the DSO: $1,366,228.07 / 30 = $45,540.94 (approximately).
Finally, the accounts receivable turnover is determined by dividing the revenue by the average accounts receivable balance: $1,366,228.07 / $45,540.94 = 29.98 (approximately). This means that the firm's accounts receivable turnover is approximately 6.78 times (1 divided by 29.98).
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A 9 -year bond has a yield of 14% and a duration of 8.157 years. If the market yield changes by 85 basis points, what is the percentage change in the bond's price? (Assume modified duration and a positive increase in yield change. Do not round intermediate calculations. Negative value should be indicated by a minus sign, Round your answer to 2 decimal places.)
The percentage change in the bond's price is approximately -6.93%.
The percentage change in the bond's price can be calculated using the formula:
Percentage change in price = (-1) * modified duration * yield change
Given that the modified duration is 8.157 years and the yield change is 85 basis points (0.85%), we can substitute these values into the formula:
Percentage change in price = (-1) * 8.157 * 0.85
Calculating the result:
Percentage change in price = -6.93345%
A bond is a debt security issued by a government, municipality, or corporation to raise capital. When an entity issues a bond, it is essentially borrowing money from investors. Bonds typically have a fixed interest rate, known as the coupon rate, and a specific maturity date when the principal amount must be repaid.
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You manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 28%. The T-bill rate is 7%. Your client's degree of risk aversion is A = 2.0, assuming a utility function u (1) A02.
a. What proportion, y, of the total investment should be invested in your fund? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Investment proportion y
%
b. What are the expected value and standard deviation of the rate of return on your client's optimized portfolio? (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Expected return
Standard deviation
%
%
a. The proportion, y, of the total investment that should be invested in the risky portfolio is 0.60. b. The expected value of the rate of return on the client's optimized portfolio is 13.00%, and the standard deviation is 33.60%.
a. The proportion, y, of the total investment that should be invested in the risky portfolio is 0.60. To determine the proportion, we can use the formula for the optimal portfolio weight: y = (E(R) - Rf) / (A * σ^2), Where: E(R) = Expected rate of return on the risky portfolio = 17%, Rf = Risk-free rate = 7%, A = Degree of risk aversion = 2.0, σ = Standard deviation of the risky portfolio = 28%. Substituting the values into the formula: y = (0.17 - 0.07) / (2.0 * 0.28^2) = 0.60, Therefore, the proportion y that should be invested in the risky portfolio is 60%. b. The expected value of the rate of return on the client's optimized portfolio is 13.00 %, and the standard deviation is 33.60%. To calculate the expected return and standard deviation of the optimized portfolio, we need to consider the proportions invested in the risky portfolio (y) and the risk-free asset (1 - y). Expected return of the optimized portfolio: E(R_opt) = y * E(R_risky) + (1 - y) * Rf, E(R_opt) = 0.60 * 0.17 + 0.40 * 0.07 = 0.102 + 0.028 = 0.130. Standard deviation of the optimized portfolio: σ_opt = √[(y^2 * σ^2_risky) + ((1 - y)^2 * 0)], σ_opt = √[(0.60^2 * 0.28^2) + (0.40^2 * 0)], σ_opt = √[(0.1008) + (0)] = √0.1008 = 0.336. Converting the decimal values to percentages: Expected return: 0.130 * 100% = 13.00%, Standard deviation: 0.336 * 100% = 33.60%. Rounding to two decimal places: Expected return: 13.00%, Standard deviation: 33.60%.
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The main goal of the Business Project Course is to provide an opportunity for you either to achieve a better understanding of an applied 'research' problem or to solve/resolve an organisational problem(s) or improve the business performance in your proposed research. When you have successfully written the Project Report, you would have achieved the following two objectives: (a) Have the ability to synthesize and apply various substantive knowledge from some or all the courses you have taken to address the 'research' problem which is relevant and interesting to you; and, (b) Have developed and demonstrated soft skills in the area of communication, analytical and critical thinking which you have acquired through all the courses you have taken. You are strongly encouraged to undertake a study in the area of your specialization. 3.0 Requirements for Enrolling in the Project Course You are allowed to enroll for the Course provided you have studied BMG318/03 Research Methods. 4.0 Type of Research for Your Project Your research project may be from any one of the following major types of study: - A comprehensive case study (covering problem formulation, analysis and recommendations in a single organisation/multifunctional area). - A comparative study aimed at inter-organisational comparison/ validation of theory/ survey of management or developmental practices. - A survey research (either a descriptive or a pilot study). You are encouraged to continue with your research project topic from BMG318/03 Research Methods Your lecturer/supervisor has to agree to your proposal before you can undertakelcontinue the study. 5.0 Project Topics The scope and depth of the business project are not expected to be extensive given the limited time you are given to complete the research project. Acceptable project titles that will meet the course objective cover a wide range of topics. The chosen topic should be relevant to your specialization or to the Bachelor of Business's programme. Please conduct your research in the area of your specialization: - Job satisfaction - Team performance - Tumover intention - Business ethics - Business model innovation - Entrepreneurship and innovation - Human resource management - Strateglc Management - Soclal media marketing - Brand loyalty - Operation management - Virtual learningi E-learning - Others However, you should consider the following factors before you make the final choice ofyour topic: - The extent of your interest in and familiarity with the topic - Availability and accessibility of adequate information or data on the topic - Limited time frame (11 weeks) to conduct your project successfully - Resource (e.g. financial, expertise, etc.) requirements to undertake the research project You may need the assistance of the lecturerisupervisor to help you in the choice of a suitable topic. 6.0 Project Administration The School will appoint lecturers/supervisors who will be overseeing the organisation and management of the Business Project course, as well as providing support for academicrelated matters for the Course. Throughout the duration of the Business Project Course, students are encouraged to meet the supervisor at least 5 times or more. Additional online support will be provided via FlexLeam. It is important that you check FlexLeam regularly for any updates/information about the course during the semester. 7.0 Timeline or Schedule of Project Work All students registered for the Project course are required to complete their research work and submit their Project Report within the period of one semester period (nomally 11 weeks). There will be no extension given (under normal circumstances) to complete the Project Report beyond the stipulated submission deacline. Deadlines are indicated on the front page of this outline. 8.0 Project Proposal (Assignment 1) [20%] The Project Proposal comprises chapter 1 to chapter 3 of your project report. You should have the document from your previous BMG318/03 course. The research should cover a business phenomenon. You are expected to enhance the content into a researchable form. The Project Proposal contributes 20% to the total marks of the course. The Project Proposal should be word-processed and should be 3,000 words covering the following suggested topics. (a) Abstract, Chapter 1 Introduction - Problem statement - Purpose of study - Research objectives - Research questions - Definition of key variables (b) Chapter 2 Literature Review Background study Related theorylmodel Discussion of recent findings Research framework Hypotheses (c) Chapter 3 Research Methodology Variables and measurement Population, sample, sampling technique Data collection technique Techniques of analysis that may be used Questionnaire (d) Bibliography (e) Appendices
The main goal of the Business Project Course is to provide an opportunity for you to either achieve a better understanding of an applied research problem or solve/resolve an organizational problem or improve business performance.
When you successfully write the Project Report, you will have achieved two objectives:
(a) Synthesizing and applying various substantive knowledge from your courses to address the research problem, and (b) Developing and demonstrating soft skills in communication, analytical thinking, and critical thinking.
To enroll in the Project Course, you need to have studied BMG318/03 Research Methods. Your research project can be a comprehensive case study, a comparative study, or a survey research. It is encouraged to continue with your research project topic from BMG318/03 Research Methods, but your lecturer/supervisor must agree to your proposal.
The chosen project topic should be relevant to your specialization or the Bachelor of Business program. There are various topics to choose from, such as job satisfaction, team performance, turnover intention, business ethics, business model innovation, entrepreneurship and innovation, human resource management, strategic management, social media marketing, brand loyalty, operation management, virtual learning, and others.
You should consider factors like your interest and familiarity with the topic, availability of adequate information or data, limited time frame, and resource requirements before finalizing your topic. The School will appoint lecturers/supervisors who will oversee the course and provide support. You are encouraged to meet the supervisor at least 5 times or more during the course.
The project work should be completed and the Project Report submitted within one semester (normally 11 weeks). No extensions will be given. The Project Proposal contributes 20% to the total marks of the course and should cover chapters 1 to 3 of your project report. It should be word-processed and around 3,000 words, including topics like problem statement, purpose of study, research objectives, research questions, literature review, research methodology, bibliography, and appendices.
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TRUE or FALSE: Assume that demand for a taxed commodity is
perfectly inelastic. The transfer of income from consumers to the
government in the form of tax payments entails a loss is social
welfare.
The statement that "Assume that demand for a taxed commodity is perfectly inelastic. The transfer of income from consumers to the government in the form of tax payments entails a loss is social welfare" is true.
The given statement is true. In economic terms, "inelastic" demand refers to a situation where a change in the commodity's price does not result in a significant change in its demand. On the other hand, "elastic" demand refers to a situation where even a minor change in the commodity's price leads to a considerable change in its demand.
Since the demand for a taxed commodity is perfectly inelastic, the tax burden is fully imposed on the consumers. As a result, the price of the commodity will not change, and the consumers will continue to buy the commodity at the same rate. Therefore, in the case of perfectly inelastic demand, the government gains additional revenue from taxes, but the consumer surplus is eliminated, resulting in a net loss in social welfare.
When demand is inelastic, the buyer does not react to price changes, and so the producer can raise prices and tax the consumer without fear of reducing sales. As a result, the tax will be borne by the buyer. The government earns additional revenue as a result of the tax.
However, there is a loss in social welfare. As a result of the tax, the price of the commodity would rise, causing the consumer surplus to shrink. Consumers will have to pay more for the same product, and the producer will receive less. The situation results in a net loss of social welfare, although the government gains revenue.
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A Suspense Account was opened for an
error of $30 found in the Trial Balance. Later
it was observed that sales were understated
by $30. This item would be corrected in the
journal by
The main answer is: Debiting Sales Account and Crediting Suspense Account.
To correct the error of understating sales by $30 in the journal, the Sales Account should be debited and the Suspense Account should be credited. This will rectify the understatement of sales and ensure that the Trial Balance reflects the accurate financial information.
When an error is identified in the Trial Balance, a Suspense Account is created to temporarily hold the amount of the error until it is corrected. In this case, an error of $30 was found in the Trial Balance, indicating that the sales figure was understated. To correct this error, the Sales Account, which represents the revenue generated from sales, needs to be increased by $30. Hence, the Sales Account is debited.
On the other hand, the Suspense Account, which was initially created to balance out the Trial Balance, now needs to be reduced by $30 since the error has been identified and will be corrected. Therefore, the Suspense Account is credited to decrease its balance by $30.
By debiting the Sales Account and crediting the Suspense Account, the error of understating sales by $30 is rectified. The Trial Balance will now accurately reflect the corrected sales figure, ensuring the financial statements present a true and reliable representation of the company's financial position.
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A 06.30% annual coupon, 20-year bond has a yield to maturity of 03.10%. Assuming the par value is $1,000 and the YTM is expected not to change over the next year:
a) what should the price of the bond be today? b) What is bond price expected to be in one year? c) What is the expected Capital Gains Yield for this bond? d) What is the expected Current Yield for this bond
The required answer is the-
a) $1,905.54
b) $1,905.54.
c) the capital gains yield would be 0.
d) 3.3%.
a) To calculate the price of the bond today, to use the formula for the present value of a bond. The present value is equal to the sum of the present value of the coupon payments and the present value of the par value.
The present value of the coupon payments can be calculated using the formula:
Coupon Payment * [1 - (1 + Yield to Maturity) ^ -Number of Periods] / Yield to Maturity
In this case, the coupon payment is 06.30% of the par value, which is $1,000, so the coupon payment is $63 per year. The yield to maturity is 03.10% or 0.031. The number of periods is 20 years.
Using these values, calculate the present value of the coupon payments:
$63 * [1 - (1 + 0.031) ^ -20] / 0.031 = $905.54
The present value of the par value is simply the par value itself, which is $1,000.
Therefore, the price of the bond today is the sum of the present value of the coupon payments and the present value of the par value:
$905.54 + $1,000 = $1,905.54
b) Since the yield to maturity is expected not to change over the next year, the bond price in one year would still be the present value of the coupon payments and the present value of the par value. Therefore, the bond price expected to be in one year would still be $1,905.54.
c) The expected capital gains yield for this bond is the difference between the future price of the bond and the current price, divided by the current price. Since the bond price is expected to remain the same over the next year, the capital gains yield would be 0.
d) The expected current yield for this bond is the annual coupon payment divided by the bond price. In this case, the annual coupon payment is $63, and the bond price is $1,905.54. Therefore, the expected current yield would be $63 / $1,905.54 = 0.033, or 3.3%.
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Question 4: In 2011, the RCMP estimated that at least $2.6 million of counterfeit Canadian banknotes were in circulation. a) Why do Canadian taxpayers lose because of these counterfeit notes? b) As of December 2011; the interest rate earned on one-year Canadian treasury bills was 1.07%. At a 1.07% rate of interest, what amount of money are Canadian taxpayers losing per year because of these $2.6 million in counterfeit notes?
a) Canadian taxpayers lose because of these counterfeit notes because counterfeiters can cause a decline in confidence in Canada’s economy and its currency. Counterfeiters do not pay taxes, yet they steal from taxpayers by reducing the value of their money.
b) At a 1.07% interest rate, Canadian taxpayers are losing $27,820 per year because of these $2.6 million in counterfeit notes.
Counterfeit Canadian banknotes in circulation cost Canadian taxpayers millions of dollars annually. Counterfeiters can undermine confidence in the Canadian economy and its currency by producing counterfeits. Furthermore, counterfeiters do not pay taxes, yet they steal from taxpayers by decreasing the value of their money. As a result, Canadian taxpayers lose money because of these counterfeit notes.
The interest rate earned on one-year Canadian treasury bills in December 2011 was 1.07%. Canadian taxpayers lose $27,820 per year as a result of the $2.6 million in counterfeit notes at a 1.07% interest rate.
Interest rate is calculated by multiplying the principal amount (2.6 million) by the interest rate (1.07% expressed as a decimal).
a) Canadian taxpayers lose because of these counterfeit notes because counterfeiters can cause a decline in confidence in Canada’s economy and its currency. Counterfeiters do not pay taxes, yet they steal from taxpayers by reducing the value of their money.
b) At a 1.07% interest rate, Canadian taxpayers are losing $27,820 per year because of these $2.6 million in counterfeit notes.
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Q. Prepare a market plan for a dream company with specific mention regarding the following points:
> Current marketing research
Current sales analysis
Marketing information system
Sales forecasting
Evaluation
All points were explained in detail in class. Relate to the theory discussed and apply it to prepare the marketing plan
A marketing plan is essential for any dream company. It allows firms to make informed decisions about how to best market their products or services, and it provides a roadmap for achieving marketing goals. In order to create an effective marketing plan, it is necessary to conduct extensive marketing research, analyze sales data, establish a marketing information system, forecast sales volumes, and evaluate marketing performance.
Marketing plan for a dream company
Marketing research is the process of gathering, analyzing, and interpreting information about a market, product, or service to be offered for sale in that market. The aim of marketing research is to assist firms in making informed decisions by providing them with data on which to base those decisions. In order to create an effective marketing plan, it is necessary to conduct extensive marketing research to identify target market segments, assess the competitive landscape, and determine the optimal marketing mix (product, price, promotion, and place) for the product or service being offered.
Sales analysis is the process of examining a company's sales data in order to identify patterns, trends, and other insights that can be used to improve sales performance. Sales analysis involves looking at sales volumes, sales revenue, profit margins, customer demographics, and other data in order to gain a better understanding of how the company's sales are performing and what can be done to improve them.A marketing information system (MIS) is a set of procedures and methods used to gather, analyze, and disseminate information about a company's markets, customers, and competitors. The goal of an MIS is to provide managers with the information they need to make effective marketing decisions. An MIS typically includes databases of customer information, sales data, and market research findings, as well as analytical tools for examining this data and generating reports.Sales forecasting is the process of predicting future sales volumes for a company's products or services. Sales forecasting is an important part of marketing planning, as it provides managers with the information they need to make decisions about production levels, inventory management, and staffing needs. Sales forecasting typically involves analyzing historical sales data, assessing market trends, and considering other factors that may impact future sales performance.
Evaluation is the process of assessing the effectiveness of a company's marketing plan. Evaluation typically involves examining sales data, market research findings, and other information in order to determine whether the company's marketing strategy is working as intended. Based on the findings of the evaluation, adjustments may be made to the marketing plan in order to improve performance.
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the total cost in dollar to produce q units of a product is c(q). fixed costs are 16000. what is the marginal cost 140 units
(a) The total cost to produce 140 units is $30,986.40. (b) The value of C''(140) is $-1. (c) Using parts (a) and (b), the estimated value of C(141) is $31,063.40.
(a) To find C(140), which represents the total cost to produce 140 units, we can substitute 140 into the cost function C(q). Given that fixed costs are $16,000 and the marginal cost is C'(q) = 0.00892q - q + 61, we can calculate C(140) as follows
C(140) = Fixed costs + Integral of C'(q) from 0 to 140
Fixed costs = $16,000
To find the integral of C'(q), we integrate the marginal cost function with respect to q
∫(0.00892q - q + 61) dq
= 0.00446q² - 0.5q² + 61q + C
Evaluating this integral from 0 to 140 gives:
C(140) = $16,000 + [(0.00446 × 140²) - (0.5 × 140²) + (61 × 140)] - [(0.00446 × 0²) - (0.5 × 0²) + (61 × 0)]
= $30,986.40
Therefore, the total cost to produce 140 units is $30,986.40.
(b) C''(q) represents the second derivative of the cost function. Taking the derivative of C'(q) with respect to q, we find:
C''(q) = d²/dq²(0.00892q - q + 61)
= -1
Therefore, the value of C''(140) is $-1.
(c) Using the information from parts (a) and (b), we can estimate C(141) by considering the change in C(140) due to the marginal cost. Since C''(140) = -1, this implies that the marginal cost is decreasing. To estimate C(141), we assume a linear relationship between C(140) and C(141) based on the marginal cost
C(141) ≈ C(140) + C'(140)
Substituting the values, we have:
C(141) ≈ $30,986.40 + $77.8
≈ $31,063.40
Therefore, the estimated total cost to produce 141 units is $31,063.40.
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Complete Question
"The total cost in dollars to produce g units of a product is C(q). Fixed costs are $16,000. The marginal cost is C' (q) = 0.00892 - q+61 Round your answers to two decimal places.
(a) Find C(140), the total cost to produce 140 units.
The total cost to produce 140 units is $ ?
(b) Find the value of C'' (140) ?
C' (140) = $ 77.8
(c) Use parts (a) and (b) to estimate C (141).
C (141) = $ ?"
Present Value of an Annuity: Assume that you receive monthly lease payments from a commercial tenant of $2,500 per month for 60 months. What is the present value of those lease payments (annuity) assuming a 4.5% discount rate?
The present value of the lease payments (annuity) at a 4.5% discount rate is approximately $134,821.07.
To calculate the present value of an annuity, we can use the formula:
PV = Payment × [1 - (1 + [tex]r)^(-n)[/tex]] / r,
where PV is the present value of the annuity, Payment is the amount of each payment, r is the discount rate per period, and n is the total number of periods.
In this case, the monthly lease payment is $2,500, the discount rate per period is 4.5% / 12 = 0.375%, and the total number of periods is 60 (since it's a monthly lease for 60 months).
Plugging these values into the formula, we can calculate the present value of the lease payments:
PV = $2,500 × [1 - (1 + [tex]0.00375)^(-60)[/tex]] / 0.00375.
Using a calculator, we find that the present value of the lease payments is approximately $134,821.07.
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You have the following information about means and standard deviations of several investment options:
Investment
Mean
StDev
A
8
24
B
11
23
C
13
16
Your client wants to minimize the chance of having a less than 0% return. What is the safety first ratio of the optimal investment for the client?
Enter answer accurate to three decimal places.
The Safety first ratio of the optimal investment for the client when considering investment option C is 0.813 (approx).
Given the following information about means and standard deviations of several investment options, we are to determine the safety-first ratio of the optimal investment for the client.
The Safety First ratio of the optimal investment for the client can be calculated as;
SFR = (Mean of investment – Minimum acceptable return) / Standard deviation of investment
Where Mean of investment is the mean value given for each investment option
Minimum acceptable return = 0%
StDev is the standard deviation value given for each investment
The safety first ratio of the optimal investment for the client when considering investment option A is;
SFR = (8 - 0) / 24
= 0.333
The safety first ratio of the optimal investment for the client when considering investment option B is;
SFR = (11 - 0) / 23
= 0.478
The safety first ratio of the optimal investment for the client when considering investment option C is;
SFR = (13 - 0) / 16
= 0.813
Therefore, the safety first ratio of the optimal investment for the client is greatest when considering investment option C.
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Construct a decision-tree with expected value in choosing the best alternative for enhancing the poor quality of road network. The feasible alternatives that you will be using in decision-tree are (a) extra drop-off and pick up areas (b) severe implementation of fare matrix and (c) straightforwardness on budgets given for road projects
The decision-tree for enhancing the poor quality of road network:
1. Extra drop-off and pick-up areas: Provides convenience but requires additional space and may not address underlying road quality issues.
2. of fare matrix: Can generate revenue for road improvements but might lead to decreased ridership and public dissatisfaction.
3. Straightforwardness on budget for road projects: Ensures proper allocation of funds but may not directly address road quality if mismanagement occurs.
To enhance the poor quality of the road network, three feasible alternatives are considered: extra drop-off and pick-up areas, severe implementation of fare matrix, and straightforwardness on budgets for road projects.
Extra drop-off and pick-up areas can improve convenience for passengers, but it might not directly tackle the root cause of poor road quality. This alternative requires additional space, which may not always be feasible.
Severe implementation of fare matrix can generate revenue that can be used for road improvements. However, it may lead to decreased ridership if fares become too expensive, and public dissatisfaction might arise.
Straightforwardness on budgets for road projects ensures that funds are allocated properly. However, if mismanagement occurs, the allocated budgets may not directly address the road quality issues.
A decision-tree analysis with expected values can be constructed, assigning probabilities and values to the different outcomes. This analysis would provide a more comprehensive evaluation of the alternatives and help determine the best course of action to enhance the poor quality of the road network.
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(a) Extra drop-off and (b) Severe implementation of (c) Straightforwardness on
pick-up areas fare matrix budgets for road projects
| | |
[Outcome 1] [Outcome 2] [Outcome 3]
| | |
Probability 1 Probability 2 Probability 3
| | |
(Value 1.1) (Value 2.1) (Value 3.1)
| | |
[Outcome 1.1] [Outcome 2.1] [Outcome 3.1]
| | |
Probability 1.1 Probability 2.1 Probability 3.1
| | |
(Value 1.1.1) (Value 2.1.1) (Value 3.1.1)
| | |
[Final Outcome] [Final Outcome] [Final Outcome]
Start
|
[Poor quality]
|
------------------------------------
| |
To construct a decision tree for enhancing the poor quality of road network, we will consider the feasible alternatives: (a) extra drop-off and pick-up areas, (b) severe implementation of fare matrix, and (c) straightforwardness on budget given for road projects.
We will evaluate these alternatives based on their expected value, which represents the potential outcomes and their probabilities. Here is a simplified example of how the decision tree might look:
In this decision tree, we start with the initial problem of poor road quality. The first-level alternatives (a), (b), and (c) represent the possible strategies to address this issue. Each alternative leads to potential outcomes (Outcome 1, Outcome 2, and Outcome 3) with their respective probabilities of occurrence (Probability 1, Probability 2, and Probability 3).
Each outcome further branches out to represent more specific outcomes (Outcome 1.1, Outcome 2.1, Outcome 3.1), with their associated probabilities (Probability 1.1, Probability 2.1, Probability 3.1). Finally, each specific outcome is assigned a value (Value 1.1.1, Value 2.1.1, Value 3.1.1) that reflects the expected benefits or costs.
Ultimately, the decision tree leads to the final outcomes (Final Outcome) associated with each alternative, considering all the probabilities and values along the path. By calculating the expected value at each decision point and considering the final outcomes, the decision tree can assist in identifying the best alternative with the highest expected value for enhancing the poor quality of the road network.
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The market for used phones is perfectly competitive. Market demand is Q=328-2P and Market Supply is P=2Q+22.
What is Total Surplus? Enter a number only, drop the $ sign.
The equilibrium price is $153 and the equilibrium quantity is 22 units.The total surplus in the market for used phones is 1925.
the total surplus in the market for used phones, we need to calculate the area of the triangle formed by the market demand and supply curves.
First, let's find the equilibrium price and quantity in the market. The equilibrium occurs where the quantity demanded equals the quantity supplied.
Setting Qd (market demand) equal to Qs (market supply), we have:
328 - 2P = 2Q + 22
We can rewrite this equation in terms of quantity (Q):
Q = (328 - 2P - 22)/2
Next, we substitute the value of Q back into either the demand or supply equation to find the equilibrium price. Let's use the demand equation:
Q = 328 - 2P
328 - 2P = (328 - 2P - 22)/2
Simplifying the equation, we get:
328 - 2P = 164 - P - 11
Rearranging the equation, we have:
P = 153
Now that we have the equilibrium price (P = 153), we can substitute this value back into the demand equation to find the equilibrium quantity:
Q = 328 - 2P
Q = 328 - 2(153)
Q = 328 - 306
Q = 22
So, the equilibrium price is $153 and the equilibrium quantity is 22 units.
the total surplus, we need to calculate the area of the triangle formed by the demand and supply curves. The formula for calculating the area of a triangle is 1/2 * base * height.
The base of the triangle is the difference between the equilibrium quantity (22) and the x-axis intercept of the supply curve (0):
Base = 22 - 0 = 22
The height of the triangle is the difference between the equilibrium price ($153) and the y-axis intercept of the demand curve (328):
Height = 328 - 153 = 175
Now we can calculate the total surplus:
Total Surplus = 1/2 * base * height
Total Surplus = 1/2 * 22 * 175
Total Surplus = 11 * 175
Total Surplus = 1925
Therefore, the total surplus in the market for used phones is 1925.
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Choose an organization and specific job position you are familiar with. - Describe two internal and two external recruitment methods you would suggest for recruiting for your chosen position.
Two internal recruitment methods for the position of Project Manager in XYZ Company would be internal job postings and employee referrals. Two external recruitment methods would include online job postings and recruitment agencies.
Internal job postings would be a suitable internal recruitment method for the position of Project Manager in XYZ Company. By advertising the job opening internally, the organization can provide an opportunity for current employees to apply and be considered for the role. This approach encourages career development and employee retention within the company.
Employee referrals would also be an effective internal recruitment method for the Project Manager position. By encouraging employees to refer qualified candidates from their networks, the organization can tap into the knowledge and connections of its current workforce. This method can lead to the hiring of candidates who may align well with the company culture and values, as they come recommended by trusted employees.
For external recruitment, online job postings would be a valuable method to attract external candidates for the Project Manager position. Utilizing popular job search platforms and the company's website, the organization can reach a wide pool of potential applicants. Online postings allow for easy access and application submission, enabling the organization to review a diverse range of candidates.
Recruitment agencies could also be utilized as an external recruitment method for the Project Manager position. Partnering with specialized recruitment agencies can help identify and attract qualified candidates who may not be actively seeking employment. These agencies have extensive networks and expertise in sourcing talent, which can save time and effort for the organization during the recruitment process.
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