The coefficient for the price elasticity of demand is normally negative because the demand curve is downward sloping.
Price elasticity of demand:
Shows how quantity demanded changes as a result of a change in price Is calculated by dividing the change in quantity demanded by the change in priceFor normal goods, an increase in price leads to a decrease in quantity demanded. This is why the demand curve is downward sloping. If price goes up, quantity demanded will go down.
This change in quantity demanded will be shown as a negative number which means that when it is divided by the change in price, the price elasticity coefficient will be negative.
In conclusion, the price elasticity coefficient is usually negative because the demand is negative when prices increase.
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Notes move in different directions. what refers to the movement of notes
Answer:
Melodic motion is the quality of movement of a melody, including nearness or farness of successive pitches or notes in a melody. This may be described as conjunct or disjunct, stepwise, skipwise or no movement, respectively.
Pleeeeaasseee help
Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons
Answer:
Explanation:
Some measures that check commercial processes are internal to countries, such as the liberalization of trade in services, the elimination of barriers and the creation of mechanisms to protect foreign investors, competition and public procurement policies, and labor standards.
Do you think it was a good idea to sell Burger King ?
Answer:
There are pros and cons since burger kings its a big company of burgers but in the recent years not too many people is buying more from it, so selling it would be good since it is still an important and known name
Interest earned on a savings account is _____.
Explanation:
Interest earned on a savings account is everfi
The overriding aim in building a management team should be to: A. select people who are committed to decentralizing decision making and empowering employees. B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution. C. choose managers experienced in controlling costs and flattening the organization structure. D. select people who have similar management styles, leadership approaches, business philosophies, and personalities. E. choose managers who believe in having a strong corporate culture and deeply ingrained core values.
Answer:
B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution.
Explanation:
A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.
This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
Generally, the overriding aim in building a management team is to assemble a critical mass of talented managers who are able to typically function as agents of change while furthering the cause of first-rate strategy execution for the growth and development of a business firm or organization.
New classical economists say that an unanticipated increase in aggregate demand first: Group of answer choices increases the price level and real output, and then reduces short-run aggregate supply such that the economy returns to the full-employment level of output. increases the price level and real output, and then increases long-run aggregate supply. increases long-run aggregate supply, and then increases the price level and real output. reduces short-run aggregate supply, and then reduces long-run aggregate supply.
Answer:
increases the price level and real output, and then reduces short-run aggregate supply such that the economy returns to the full-employment level of output.
Explanation:
In the case of New classical economists, if there is an increase in aggregate demand i.e. non expected would rise the level of price and real output. After this decrease the aggregate supply i.e. short run in order to get the economy return to the full employement output level
Therefore as per the given situation, the first option is correct
And, the rest of the options would be incorrect
Use the drop-down menus to explain how to create a subreport. 1. Open the table in view. 2. On the Design tab, click Min Grouping & Totals. 3. Select "with a footer section" from a drop-down menu in a pane below. 4. Next, choose Subform/Subreport from the command group. 5. Place the cursor at an insertion point. Then, to create a space. 6. In the Subreport Wizard, choose what you want to include in the subreport from the main table. 7. Once you are satisfied, create a name for the subreport, and click Finish. DO NOT PUT ANY FILES JUST THE ANSWER.
Answer:
design
group and sort
control
click and drag
Explanation:
gg
Catherine Jones has determined the following information about her own financial situation. Her checking account is worth $500 and her savings account is worth $900. She owns her own home that has a market value of $98,000. She has furniture and appliances worth $12,000 and a home computer and laptop worth $3,300. She has a car worth $12,500. She has recently purchased an annuity worth $5,500 and she has a retirement account worth $38,550. What is the value of her liquid assets
Answer:
$1,400
Explanation:
Calculation to determine the value of her liquid assets
Using this formula
Liquid Assets value =Checking account worth +Savings account worth
Let plug in the formula
Liquid Assets value=$500+$900
Liquid Assets value=$1,400
Therefore the value of her liquid assets is $1,400
Match the action needed to increase profits with the reason a business might fail.
A small company, especially a store, usually has a better chance of succeeding if it is in an area with other businesses because it can draw in new customers.
A) poor management
B) competition
C) bad location
D) finances
Answer:
C, bad location
Explanation:
Competition is needed for a successful company otherwise monopolies rise and so can potential prices. The reason a business might fail is bad location so to counter this they can move to a more densely populated area.
Bad location is the action needed to increase profits with the reason a business might fail. The correct is option C.
Why is the location of a store important?It's a popular belief that finding a decent location is essential for drawing clients. Supply and distribution are also made simpler at a conveniently positioned store. The ability of a retailer to sell itself and contend with the competition it faces from other businesses can be influenced by location.
The greatest employees are hard to find and keep, and many are quite particular about where they work in order to achieve the ideal work-life balance. A company's performance over the long run can be considerably improved by wise location choices. Poor ones can cost millions in lost capital, talent, and production.
Thus, the ideal option is C.
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Will a sole trader ownership stop a business progress?
Answer:
True
Explanation:
The given statement asserts a true claim that 'having a sole proprietor in a business mars the growth and expansion of the business' and the primary reason behind this is that his/her ability to upraise funds for further expansion is limited but the liability is unlimited. It restricts the person to enhance the business. Secondly, it is extremely difficult for a single individual to manage employees, day-to-day responsibilities, paying debts, etc. and this is why the life of most of such businesses are very short except for a few. Thus, the assertion is true.
Credit card companies charge
on any purchases you have not paid off that month.
what is integrity
A.the attitude that you are better than others
B.The belief in your own ability to do well
C.The ability to come up with new plans or ideas
D.The practice of using ethical behavior
Answer:
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What is integrity[tex]\color{Blue}\huge\boxed{Answer} [/tex]
C.The ability to come up with new plans or ideas100 points
hurry
Pick a manufacturing job that interests you and in no less than 125-words, describe the job, explain the job’s part in its manufacturing industry, and justify why the job is necessary in that industry and must be performed well.
Answer
A brain surgeon
Explanation:
I picked this job because i find it amazing and it looking stisfiying cutting the perfict square and just relaxing.
A detective:
i also picked this job because i love solving mysteries and I love drama.
A CSI
i also picked this job because it makes me feel alive
Answer:
A brain surgeon
ExExplanation:
Which of the following are examples of discretionary fiscal policy? (Check all that apply.) A. The government provides stimulus funds to repair roads and bridges to increase spending in the economy. B. Additional taxes are collected as the economy experiences an increase in income resulting from economic growth. C. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate. D. The president and Congress reduce tax rates to increase the amount of investment spending. E. A state government borrows money to finance the building of a new bridge. F. The government spends more on the military to provide assistance to England after a natural disaster.
Answer:
The government provides stimulus funds to repair roads and bridges to increase spending in the economy
The president and congress reduce tax rates to increase the amount of investment spending
Congress provides a tax rebates to encourage additional spending in order to reduce the unemployment rate
Explanation:
The following are examples of discretionary fiscal policy.
The government provides stimulus funds to repair roads and bridges to increase spending in the economy. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate.The president and Congress reduce tax rates to increase the amount of investment spending.The correct options are A, C, and D.
What is discretionary and nondiscretionary fiscal policy?Discretionary Fiscal Policy: changes in government spending and taxation enacted during a crisis affect the economy. Nondiscretionary Fiscal Policy: the set of policies built into the system to stabilize the economy, also known as automatic stabilizers.
These are deliberate policies implemented by the government to increase or decrease government spending or taxation. For example, when private sector demand and confidence are low during an economic downturn, Keynesian economists may advocate for a deliberate increase in the size of the fiscal deficit.
Thus, the ideal selection is options A, C, and D.
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What are organizational capabilities?
A. The skills and knowledge that allow a firm to use its resources
effectively
B. The things the firm has acquired that are used to achieve its goals
C. The characteristics of the firm's teams of skilled employees
D. The skills of the firm's senior managers and executives
Explain the difference between a direct tax and an indirect tax.
Answer:
Taxes can be either direct or indirect. A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. An indirect tax is one that can be passed on-or shifted-to another person or group by the person or business that owes it.
Explanation:
Answer:
see the pic hope it would be helpful.
Explanation:
Which of the following data is used to determine credit scores?
Answer: the length of stay at your current residence
Explanation:
It shows the stability of your household and that your responsible
In the registration statement filed with the SEC, DrugsUSA stated that it had three different medicines approved by the Food and Drug Administration (FDA). In reality, DrugsUSA had filed applications for approval with the FDA that were still pending. The SEC approved the sale of DrugsUSA stock, and Marilyn purchased $100,000 worth of stock. Two months later, all three of DrugsUSA's applications were denied by the FDA. The stock price plummeted, reducing the value of Marilyn's shares to a total of $2,000. What, if anything, can Marilyn recover
Answer:
In the given case, the default is done by the FDA and not the producing company, hence, the company in loss is eligible for the loss they have occurred. As per the laws in United states, any entity losing any profits or incurring any loss due to actions of some government entity will be eligible to that extent of loss or reduce in value. Therefore, Marilyn is eligible to recover the loss in value, that is $98000, from food and drug administration.
A financial cooperative is a type of financial institution that is owned and operated
by:
Its members.
The state.
The president of the cooperative.
Answer: it's members
Explanation:
Cooperatives are private businesses or organization that are owned by it's own members, it's members are those who use or patronize it's product and services. They vary in size but irrespective of their sizes they are operated solely on members demand.
Financial cooperatives are no different from cooperatives just that they are banks owned and operated by it's member's.
Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8,388. The FICA tax for social security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,391.77. What is the total amount of taxes withheld from the Portia's earnings
Answer: $2,033.46
Explanation:
Social security taxes = 8,388 * 6.2% = $520.06
Medicare taxes = 8,388 * 1.45% = $121.63
Federal income tax withheld = $1,391.77
FUTA and SUTA are to be paid by the employer not the employee.
The total amount of taxes withheld from Portia is therefore:
= 520.06 + 121.63 + 1,391.77
= $2,033.46
Scenario: Money Creation The reserve requirement is 20%. Leroy receives $1,000 as a graduation present and deposits the money in his checking account. The bank does NOT want to hold excess reserves. Reference: Ref 14-5 (Scenario: Money Creation) Look at the scenario Money Creation. Immediately after the deposit, reserves _____ and demand deposits _____ by $1,000. Group of answer choices increase by $1,000; increase decrease by $200; increase decrease by $1,000; decrease increase by $1,000; decrease
A key assumption of the supply and demand model is that: firms will continue to raise prices until profits become positive. each firm produces at a level of output at which price exceeds marginal cost. each firm's good is unique and cannot be duplicated by other firms in the market. each firm in the market produces an identical good.
Answer:
each firm in the market produces an identical good.
Explanation:
In the case of the supply and demand model there is a key assumption that tells that each & every firm in the market would generate or produce the same kind of good as it produced homogenous product instead producing different kind of goods
So according to the given situation the last option is correct
ANd the rest of the options would be wrong
Why do lower labor costs in other countries lead to job loss in the United
States?
A. Foreign governments can charge higher tariffs and make more
revenues.
B. Foreign producers are able to insource and make higher profits.
C. Workers migrate in search of better-paying jobs.
D. It enables foreign producers to undersell domestic producers.
Answer:
Foreign producers are able to insource and make higher profits.
Explanation:
yes its so because the foreign producers cause people to work for them instead so u need to buy products made in your own country.
Answer:
C. workers migrate in search of better paying jobs
Explanation:
lets say in japan they started paying people 10 fold more than before, and in the us they payed 2x less then before, then people would migrate to japan for better jobs. Source: trust me bro
A company purchased a machine for $190,000. The machine has an estimated useful life of 8 years and a salvage value of $10,000. It is estimated that the machine could produce 75,000 parts over its useful life. In the first year, 15,000 parts were produced. In the second year, 19,000 parts were produced. Using the units-of-activity/production method, what is the net book value of the machine at the end of the second year
Answer:
$108,400
Explanation:
The computation of the net book value of the machine at the end of the second year is shown below:
But before that the accumulated depreciation would be determined
For first year, the depreciation expense is
= ($190,000 - $10,000) × 15,000 ÷ 75,000
= $36,000
For the second year, the depreciation expense is
= ($190,000 - $10,000) × 19,000 ÷ 75,000
= $45,600
Now the net book value is
= $190,000 - $36,000 - $45,600
= $108,400
NO LINKS PLEASE! Why is opening a franchise often considered lower risk for an entrepreneur than setting up a new business? Please help me will give brainliest!
Answer:
Explanation:
This consistency of product, store design and operations is the key advantage that a franchise offers. As a result a franchise may takes less time to establish a customer base than an independent business, which may in turn lead to bigger profits earlier.
Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons
Answer: See explanation
Explanation:
Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:
1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.
2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.
3. Trade restrictions is vital on order to protect the strategic indutries.
4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.
Which of the followind one-time payments are renters typically required to pay In to their first month's rent when they sign a lease
Answer:
Security deposit
Explanation:
Security deposits is a term that is used to describe a one-time payment that renters are typically required to pay into their first month's rent when they sign a lease.
This security deposit is usually given back to the renter after the tenancy period has ended, and the tenants did not cause any form of unusual damage beyond what is expected through the usage period.
three goods or services provided by the government
Answer:
public education, fire protection, police services,
Answer: Public Education, Interstate Highways, Postal Service
A joint venture is an agreement between two or more companies to share a business project.
True
False
The critical elements of internal control systems for cash disbursements include each of the following except: Multiple Choice The same person that prepares the check should also record it in the proper journal. All of these answer choices are critical elements of internal control systems for cash disbursements. All disbursements, other than very small disbursements, should be made by check. Only authorized personnel should sign checks. All expenditures should be authorized before a check is prepared.
Answer:
The critical elements of internal control systems for cash disbursements include each of the following except:
The same person that prepares the check should also record it in the proper journal.
All of these answer choices are critical elements of internal control systems for cash disbursements.
Explanation:
When the person, who signs the check, records it in the journal, there is a violation of the control principle of segregation of duties, which is a principal element of internal control systems. Therefore, all the answer choices are not critical elements of the internal control systems for cash disbursement.