your client, andrew, received a no income no asset loan in 2007. you are working with andrew again, and he's wondering if the loan process will be the same now. what should you tell him?

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Answer 1

Answer:No

Explanation:No, the loan process will not be the same as it was in 2007. Since the financial crisis, regulations have tightened and no income no asset loans are no longer available. Andrew will need to provide documentation of his income and assets to qualify for a loan now.

Answer 2

If your client Andrew received a no income no asset loan in 2007 and is wondering if loan process will be the same now, you should tell him that it is highly unlikely.

Over the past decade, the lending industry has gone through several changes, including the passing of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. This act is designed to protect consumers and prevent the reckless behavior that led to the 2008 financial crisis.In light of these changes, lenders have become more cautious in their lending practices, and no income no asset loans are not as widely available as they were in 2007. Today, most lenders require borrowers to provide proof of income and assets before approving a loan. This is to ensure that the borrower has the financial means to repay the loan.In short, it is unlikely that Andrew will be able to obtain a no income no asset loan in today's lending market. He will most likely need to provide proof of income and assets to qualify for a loan.

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because trust and understanding are essential to business things, the feelings of closeness that connect sister cities can translate into economic benefits. which version of the underlined word best accomplishes this goal?

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The best replacement for the underlined word "things" in sentence 14 is "agreements" (option C).

This is because it more precisely conveys the idea that trust and understanding between sister cities can result in mutually beneficial economic agreements.

The original sentence implies that trust and understanding are important for conducting business in general, but the focus of the sentence is on the economic benefits that can result from the relationship between sister cities. The word "things" is vague and does not convey the specific nature of these benefits.

Option C, "agreements," is more precise and implies that specific economic agreements could be made between the sister cities based on their close relationship. Options A, B, D, and E are either too general or not relevant to the context of the sentence.

The complete question:

The writer wants to replace the underlined word in sentence 14 (reproduced below) with a more precise word, taking into account the context of the paragraph.

"Because trust and understanding are essential to business things, the feelings of closeness that connect sister cities can translate into economic benefits."

Which version of the underlined word best accomplishes this goal? (The underlined word from the sentence above is "things.")

A. meetingsB. stuffC. agreements D. issuesE. products

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a wallpaper company estimates the demand for a certain pattern to be 925 rolls per year. it costs $725 to set up the presses to print the pattern, plus $225 to print each roll. if the company can store a roll of wallpaper for a year at a cost of $4, how many rolls should it print at a time and how many printing runs on average will it need in a year to minimize production costs? (assume the wallpaper sells steadily throughout the year, and the company reorders more whenever the stock runs out. round the number of rolls per print to the nearest whole number and the average number of printing runs per year to two decimal places.)

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To minimize production costs, the wallpaper company should print 318 rolls at a time and will need an average of 2.91 printing runs per year.

To minimize production costs, the wallpaper company should determine the optimal order quantity using the Economic Order Quantity (EOQ) model. The EOQ model is a formula used to calculate the optimal order quantity that minimizes the total cost of inventory management, including ordering and holding costs.

In this case, the annual demand (D) is 925 rolls, the ordering cost (S) is $725 per order, and the holding cost (H) is $4 per roll per year. Plugging these values into the EOQ formula gives us:

EOQ = ((2DS)/H)

= ((2 * 925 * 725)/4)

= 318.24

Rounding to the nearest whole number, the optimal order quantity is 318 rolls.

The average number of printing runs per year can be calculated as:

Average number of printing runs per year = D/Q = 925/318 = 2.91

Rounded to two decimal places, the average number of printing runs per year is 2.91.

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a code of ethics becomes increasingly appropriate and necessary as a small business a. expands its credit sales and acquires more customers who buy on credit. b. grows larger, with a consequent lessening of the owner's personal influence. c. increases borrowing to the extent that one-third of its assets are financed by borrowing. d. begins to market products in other countries.

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A code of ethics becomes increasingly appropriate and necessary as a small business b: "grows larger, with a consequent lessening of the owner's personal influence".

A code of ethics is a set of ethical principles that establishes an organization's values, morals, and ethical beliefs. It describes appropriate conduct in particular situations and establishes the organization's standards of behavior.

A code of ethics is essential in a small business to ensure that its employees behave ethically and operate in the best interests of the company. As a small company grows larger, its owner's influence decreases, making it increasingly necessary to have a code of ethics that provides guidelines for appropriate conduct in a variety of situations.

Option b is the correct answer.

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item 9 behavioral controls involve the appropriate balance and alignment among the culture, rewards, and boundaries of a firm. group startstrue or false

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This statement is true because behavioral controls are defined as the strategies, policies, and procedures that a business puts in place to regulate and direct the behavior of its employees.

Behavioral controls are utilized by organizations to help ensure that all employees act in a manner that is consistent with the company's objectives, values, and expectations. Behavioral controls are divided into three categories: culture, rewards, and boundaries.The appropriate balance and alignment among the culture, rewards, and boundaries of a firm is required for effective behavioral controls. The culture of a business encompasses the values, beliefs, and behavioral norms that guide employee behavior.

A company's rewards system is intended to recognize and reward employee contributions and accomplishments that are aligned with the company's goals and objectives.Boundaries are implemented by firms to keep employees from breaking the law, engaging in unethical conduct, or making poor business judgments that might put the firm's reputation or financial health at risk.

In conclusion, the above statement regarding the appropriateness and alignment among the culture, rewards, and boundaries of a firm is true. Behavioral controls, on the other hand, are the policies, strategies, and processes that a firm establishes to direct and regulate employee behavior.Therefore the statment is true.

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an engineering firm specializes in designing woodframed houses. which organizations would it be ethical for the owner of that firm to belong to? i. the local rotary club ii. the local chamber of commerce iii. a national timber-research foundation iv. a pro-logging lobbying group

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An engineering firm that specializes in designing woodframed houses must belong to organizations that are ethical for the owner to belong to, The owner of an engineering firm that specializes in designing wood-framed houses,

can join the local Rotary Club, the local Chamber of Commerce, and a national timber research foundation, but not a pro-logging lobbying group.

Option i, option ii, and option iii are the ethical organizations that an owner of an engineering firm specializing in designing woodframed houses can join.

Option iv, a pro-logging lobbying group, is not an ethical organization because it can compromise the engineering firm's credibility by participating in politics rather than maintaining a professional relationship with their clients. An engineering firm specializing in designing wood-framed houses requires an owner who is knowledgeable about the environment, landscape, and timber to be involved in local civic groups.

The local Rotary Club and the local Chamber of Commerce are good opportunities to network with other professionals in the area, raise awareness about the firm, and develop relationships with clients, vendors, and other businesses. A timber research foundation is also an ethical group to join because it is committed to researching and developing new approaches to timber construction.

Additionally, by joining the foundation, the firm's owner can access valuable resources, cutting-edge research, and new materials to aid in their design work.

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sweets galore, the manufacturer of rainbow brand lollipops, decided to expand into manufacturing liqueur-filled chocolate truffles. its buying process for the chocolates, liqueurs, and molds was extensive, and it required seeking out a great deal of information. this is an example of a

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This is an example of complex buying behaviour, as Sweets Galore is expanding into a new product category and requires extensive information-gathering to make informed purchasing decisions.

This situation exemplifies complicated purchasing behaviour. Sweets Galore is expanding into a new product area that necessitates thorough research in order to make informed buying choices. The business must find prospective chocolate, liqueur, and mould suppliers, assess their offerings, compare costs, and negotiate favourable conditions.

Because Sweets Galore has no prior experience producing liqueur-filled chocolate truffles, the purchasing procedure will most likely be lengthy and entail numerous decision-makers. To identify best practices and prevent possible hazards, the business may also seek advice from industry specialists or confer with other makers.

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multi-project environments add complexity to organizations. what must any system be able to do in these multi-project environments? multiple select question.

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In multi-project environments, a system should be able to do the following:

Manage resources effectively: A system should be able to allocate resources, including personnel, equipment, and funds, to different projects in a way that maximizes efficiency and minimizes conflicts.

Prioritize projects: A system should be able to prioritize projects based on their strategic importance, resource requirements, and other relevant factors.

Monitor project progress: A system should be able to track the progress of different projects, identify potential bottlenecks, and provide feedback to project teams and stakeholders.

Facilitate communication and collaboration: A system should be able to facilitate communication and collaboration between project teams, stakeholders, and other relevant parties, including suppliers and customers.

Manage risks: A system should be able to identify, assess, and manage risks associated with different projects, including technical, financial, and organizational risks.

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a marketing associate manages the online marketing campaigns for a vitamin and supplement store. they launch a search campaign and choose "website traffic" as the campaign marketing goal. which outcome should the marketing associate expect from the campaign?

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Through online marketing campaigns, the marketing associate must expect the outcome of d. Getting more customers to learn about his products.

In order to increase a company's conversion rate, an online marketing plan entails the implementation of a marketing strategy across all of the digital platforms where customers interact with a brand. The marketer will increase the number of customers who learn about goods if he selects website traffic as his campaign marketing objective. It encourages website visits from prospective clients.

For example, if an advertiser wants people to visit their website after seeing advertisements, they can choose the "Website traffic" objective. The suggested features and settings that can aid in generating website visits can be seen as the campaign is set up after choosing this objective. The primary objective in marketing should always be flexible and subject to change.

Complete Question:

A marketing associate manages the online marketing campaigns for a vitamin and supplement store. they launch a search campaign and choose "website traffic" as the campaign marketing goal. which outcome should the marketing associate expect from the campaign?

a. More followers on the store’s social media presence.

b. More online sales through Reggie’s online store.

c. E-mail sign-ups from people interested in a healthy lifestyle.

d. Getting more customers to learn about his products.

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risk is the risk of a decline in a bond's value due to an increase in interest rates. this risk is higher on bonds that have long maturities than on bonds that will mature in the near future. reinvestment rate risk is the risk that a decline in interest rates will lead to a decline in income from a bond portfolio. this risk is obviously high on callable bonds. it is also high on short-term bonds because the shorter the bond's maturity, the fewer the years before the relatively high old-coupon bonds will be replaced with new low-coupon issues. which type of risk is more relevant to an investor depends on the investor's investment horizon , which is the period of time an investor plans to hold a particular investment. longer maturity bonds have high reinvestment rate risk but low exchange rate risk, while higher coupon bonds have a higher level of reinvestment rate risk and a lower level of exchange rate risk. to account for the effects related to both a bond's maturity and coupon, many analysts focus on a measure called duration , which is the bond's sensitivity to interest rates.

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Bond risk includes interest rate risk and reinvestment rate risk, which vary based on bond maturity, coupon, and an investor's investment horizon. Duration measures bond sensitivity to interest rates.

Bond investors are exposed to two major risks: interest rate risk and redemption rate risk. The chance that the value of a bond will fall due to a rise in interest rates is referred to as interest rate risk. Bonds with extended maturities are more vulnerable to this danger and reinvestment rate risk, on the other hand, alludes to the risk that a drop in interest rates will result in a drop in bond portfolio revenue.

Callable bonds and short-term bonds are more vulnerable to this danger. Which sort of risk is more important is determined by the investor's financial horizon. Duration, which gauges a bond's susceptibility to interest rates, is a popular metric for accounting for both expiration and coupon impacts.

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samantha was ill for four months this year. samantha missed work during this period, but disability insurance paid $21,000 of disability pay to replace her missed salary. samantha shares the cost of the insurance with her employer. this year samantha's employer paid $3,200 in disability premiums for samantha as a nontaxable fringe benefit and samantha paid the remaining $1,600 of premiums from her salary. what amount of the disability pay must samantha include in her gross income?

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The amount of the disability pay must samantha include in her gross income is $14,000.

In general, disability benefits are included in gross income to the extent they are paid for by the employer or are considered a return of the employee's own contributions. Disability benefits paid for by the employee are generally received income tax-free.

In this case, Samantha's employer paid $3,200 in disability premiums for her, which is considered a nontaxable fringe benefit. Samantha paid the remaining $1,600 of premiums from her salary, which means that this portion of the benefits is received tax-free.

Therefore, Samantha only needs to include in her gross income the portion of the disability pay that was paid for by her employer. To determine this amount, we need to calculate the percentage of premiums paid by the employer relative to the total premiums:

Employer-paid premiums / Total premiums = $3,200 / ($3,200 + $1,600) = 0.6667 or 66.67%

This means that 66.67% of the disability benefits received by Samantha, or $14,000 (0.6667 x $21,000), must be included in her gross income.

Therefore, Samantha must include $14,000 of disability pay in her gross income.

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rue or false. voluntary export restraints and quotas are essentially identical in their welfare effects.

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The given statement- "voluntary export restraints and quotas are essentially identical in their welfare effects" is False. Voluntary export restraints and quotas are not essentially identical in their welfare effects.

What are Voluntary Export Restraints (VER)?

Voluntary export restraints (VER) are trade restrictions on exports voluntarily imposed by countries that are exporting. They are a sort of import quota that only applies to specific nations.

An importing nation can request a voluntary export restriction from an exporting nation if it wishes to limit imports from that country.

However, quotas are trade restrictions placed by governments on the quantity of a good that can be imported into a country during a certain period of time.

The quota is generally imposed to safeguard local producers from foreign competitors or to alleviate a balance of payment problem.

Quotas and voluntary export restraints are both trade-restricting measures, but they are not identical in their welfare effects.

The primary distinction between the two is that one is placed on imports while the other is placed on exports, and the welfare effects of these measures are different.

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which of the following statements regarding a laffer curve is the most plausible? group of answer choices reducing a high tax rate is less likely to increase tax revenue than is reducing a low tax rate. reducing a high tax rate is more likely to increase tax revenue than is reducing a low tax rate. reducing a high tax rate will have the same effect on tax revenue as reducing a low tax rate. reducing a tax rate can never increase tax revenue.

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The most plausible statement about Laffer Curve is that reducing a high tax rate is more likely to increase tax revenue than reducing a low tax rate.

The Laffer Curve is a theoretical model that suggests that there is a point at which increasing tax rates will eventually lead to a decrease in tax revenue. This curve is often used by policymakers to determine the optimal tax rate that will maximize government revenue.

Out of the given statements, the most plausible one is that reducing a high tax rate is more likely to increase tax revenue than reducing a low tax rate. This statement is based on the idea that high tax rates can discourage economic activity and reduce incentives for individuals and businesses to invest and work.

As a result, reducing high tax rates may stimulate economic growth, increase productivity and lead to an overall increase in taxable income, which in turn could lead to higher tax revenue.

On the other hand, reducing a low tax rate may not necessarily lead to an increase in tax revenue, as there may not be significant room for growth or improvement. Moreover, reducing a low tax rate may result in a smaller tax base, meaning that fewer people or businesses may be paying taxes, and hence tax revenue may decrease.

It is worth noting, however, that the Laffer Curve model is not universally accepted and has been subject to criticism by some economists. Some argue that the relationship between tax rates and revenue is more complex than what the model suggests, and that other factors such as government spending, economic conditions, and tax compliance may also play a significant role in determining tax revenue.

In summary, reducing a high tax rate is more likely to increase tax revenue than reducing a low tax rate. Nonetheless, policymakers need to consider other factors beyond tax rates when designing effective tax policies that promote economic growth and ensure fiscal sustainability.

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a landlord refuses to rent an apartment to an africa american woman based on race, even though there are vacancies. this action is an example of

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The action of the landlord refusing to rent an apartment to an African American woman based on her race is an example of racial discrimination.

Racial discrimination is defined as the unfair or differential treatment of individuals or groups based on their race or ethnicity. This type of discrimination is illegal and is prohibited by various laws, such as the Civil Rights Act of 1964 in the United States. The landlord's action in this scenario is not only unethical but also unlawful, as it violates the fair housing laws that prohibit discrimination based on race, color, national origin, religion, sex, familial status, or disability in the rental or sale of housing.

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the core of the international money market is a. none of the options b. the eurocurrency market c. the market for foreign exchange d. the futures forwards and options markets on foreign exchange

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The market for foreign exchange is the core of the international money market. (opion c).

The international money market is a vast network of markets that enables the exchange of currencies and other financial instruments among countries.

In the forex market, currencies are bought and sold in pairs, such as USD/EUR, GBP/USD, etc. The demand and supply of currencies determine their exchange rates. The forex market is a decentralized market, which means that it has no physical location, and trading is done electronically through a network of banks and other financial institutions.

Apart from the forex market, the eurocurrency market is also an essential component of the international money market.

Lastly, the futures, forwards, and options markets on foreign exchange are also an integral part of the international money market. These markets enable traders to hedge their currency risk by locking in future exchange rates. They also provide opportunities for speculation and arbitrage.

Hence option (c) is the right choice.

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keedis products has projected the following sales for the coming year: q1 q2 q3 q4 sales $ 16,400 $ 14,150 $ 14,975 $ 15,825 the company places orders each quarter that are 35 percent of the following quarter's sales and has a 60-day payables period. what is the payment of accounts for the second quarter?

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The payment of accounts for the second quarter is $864.23.

To calculate COGS, we need to know the inventory turnover rate, which is the number of times inventory is sold and replaced during the year. Let's assume that Keedis Products has an inventory turnover rate of 4, meaning they sell and replace their inventory 4 times a year.

To calculate the COGS for the first quarter, we take the sales for the quarter and divide by the inventory turnover rate:

COGS = Q1 Sales / Inventory Turnover Rate

COGS = $16,400 / 4

COGS = $4,100

Next, we can calculate the purchases for the second quarter, which are 35% of the third quarter's sales:

Q2 Purchases = Q3 Sales x 35%

Q2 Purchases = $14,975 x 0.35

Q2 Purchases = $5,241.25

Now we can calculate the payment of accounts for the second quarter, which is the purchases for the quarter multiplied by the payables period (in days) divided by 365 (the number of days in a year):

Payment of Accounts = Q2 Purchases x Payables Period / 365

Payment of Accounts = $5,241.25 x 60 / 365

Payment of Accounts = $864.23

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4) an auditor is concerned about a policy of management override as a limitation of internal control. which of the following tests would best assess the validity of the auditor's concern? a) matching purchase orders to accounts payable. b) verifying that approved spending limits are not exceeded. c) tracing sales orders to the revenue account. d) reviewing minutes of board meeting.

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To assess the validity of the auditor's concern about management override as a limitation of internal control, the most relevant test would be reviewing the minutes of board meetings. (option d)

Management override refers to the ability of management to manipulate or bypass internal controls to commit fraud or misrepresent financial statements. The board of directors is responsible for overseeing management and ensuring that appropriate controls are in place to prevent and detect fraud.

Therefore, reviewing the minutes of board meetings would provide insight into how the board is fulfilling its oversight responsibilities and whether there have been any indications of management override.

Matching purchase orders to accounts payable, verifying approved spending limits, and tracing sales orders to the revenue account are all important tests to assess the effectiveness of internal controls. However, they are not specifically designed to assess the risk of management override.

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a franchise generally expires after a few years, whereas a license is designed to last into perpetuity. group of answer choices true false

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The given statement "A franchise generally expires after a few years, whereas a license is designed to last into perpetuity." is False because license can also expire.

A franchise agreement can be designed to last for a specific period of time, but it can also be renewed or extended. Similarly, a license agreement can also be set to expire after a specific period of time, or it can be granted in perpetuity.

The duration of both franchise and license agreements depends on the terms negotiated between the franchisor/licensor and the franchisee/licensee.

In general, a franchise agreement provides the franchisee with the right to use the franchisor's trademarks and business system, while a license agreement typically grants the licensee the right to use the licensor's intellectual property.

Both types of agreements involve the transfer of rights from the franchisor/licensor to the franchisee/licensee, but the specific terms of the agreement can vary widely.

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your investments increased in value by 15.5 percent last year, but your purchasing power increased by only 11.4 percent. what was the approximate inflation rate? (enter your answer as a percent rounded to 1 decimal place.)

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If the investments increased in value by 15.5 percent, and the purchasing power increased by only 11.4 percent, it means that the inflation rate decreased the purchasing power by (15.5 - 11.4) percent, which equals 4.1 percent.

To calculate the approximate inflation rate, follow these steps:
Determine the percentage increase in investments (15.5%)
Determine the percentage increase in purchasing power (11.4%)

Subtract the purchasing power increase from the investment increase to find the inflation rate (15.5% - 11.4%)
The approximate inflation rate is 4.1%.

Therefore ,the approximate inflation rate is 4.1%.

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the keynesian theory of money demand emphasizes the importance of a. expectations. b. a constant velocity. c. interest rates on the demand for money. d. irrational behavior on the part of some economic agents.

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The Keynesian theory of money demand and the option that emphasizes the importance of. In this case, the answer is option (c) interest rates on the demand for money.

The Keynesian theory of money demand is an economic theory developed by John Maynard Keynes, a renowned economist.

According to this theory, money demand is directly proportional to the interest rate. That is, when the interest rates increase, the demand for money decreases and vice versa.

This is because as interest rates increase, people are more likely to save money and less likely to borrow or spend it. Therefore, the Keynesian theory of money demand emphasizes the importance of interest rates on the demand for money.

Therefore, the correct answer is option c.

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which of the following economic mysteries does the law of diminishing marginal utility help explain? group of answer choices why diamonds, which are not necessary for our survival, are so expensive, and water, which is essential for life, is so cheap. why some people cheat on their significant other, who they claim to love more than anybody else in the world why top professional athletes and actors get paid more than top teachers and nurses. all of the answer choices are correct

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Diminishing marginal utility is the economic law that explains why diamonds are so expensive despite being unnecessary for human survival while water, which is crucial to human survival, is so cheap.

Water, like any other commodity, is subject to the law of diminishing marginal utility. As a result, its total utility declines as a consumer consumes more and more of it. The total utility of a commodity is the overall satisfaction or usefulness derived from consuming the commodity. The marginal utility, on the other hand, is the additional utility gained by consuming an extra unit of the commodity. Because water is so plentiful, the marginal utility of each additional unit of water consumed is relatively low, resulting in a lower price.In contrast, diamonds, which are scarce and limited, have a high marginal utility, making them more valuable and expensive.

While they are not essential for human survival, they are still considered a luxury item and can provide significant satisfaction to consumers. This is due to the fact that the marginal utility of each additional diamond is high, making it more valuable and expensive than water.

Therefore, it can be concluded that the law of diminishing marginal utility explains why diamonds are so expensive, despite being unnecessary for human survival, while water, which is crucial to human survival, is so cheap.

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a favorable activity variance may not indicate good performance because a favorable activity variance blank . multiple choice question. may occur simply because the purchasing department acquired low quality supplies at a discount for a fixed cost will occur simply because the actual level of activity is less than the budgeted level of activity for a variable cost will occur simply because the actual level of activity is less than the budgeted level of activity

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A favorable activity variance for cost may not indicate good performance as favorable activity variance may occur because purchasing department acquired low quality supplies at a discount. The right answer is a.

When the actual cost of producing anything is less than the estimated budget, there has been a positive variance. It indicates that a company is producing more money than was initially projected. Favorable variance may be caused by higher manufacturing productivity, low quality supplies, or more sales.

A positive variance may suggest to a company's management that operations are going smoothly and profitably. As a business expands, it can have discovered ways to create more without having to raise its costs, leading to a higher revenue stream.

The correct answer is option a.

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a firm sells two products, regular and ultra. for every unit of regular sold, two units of ultra are sold. the firm's total fixed costs are $1,612,000. selling prices and cost information for both products follow. the contribution margin per composite unit is: productunit sales pricevariable cost per unit regular$20$8 ultra 24 4 select one: a. $12. b. $20. c. $32. d. $44. e. $52.

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The contribution margin per composite unit is $52. Therefore, the correct option is E.

To find the contribution margin per composite unit, follow these steps:

1. Calculate the contribution margin for each product by subtracting variable cost per unit from the unit sales price.

Regular: $20 - $8 = $12

Ultra: $24 - $4 = $20

2. Since 1 unit of regular is sold for every 2 units of ultra, the composite unit consists of 1 regular and 2 ultra products.

3. Calculate the total contribution margin for the composite unit by adding the contribution margins of the individual products.

Contribution Margin per Composite Unit:

Contribution Margin = $12 (regular) + $20 (ultra) + $20 (ultra)

Contribution Margin = $12 + $40

Contribution Margin = $52

The contribution margin per composite unit is Option E: $52.

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a manager that improves organizational can accomplish tasks with less effort and waste a. synergy b. functionality c. efficiency d. effectiveness

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A manager that improves organizational efficiency can accomplish tasks with less effort and waste.

Efficiency refers to the ability to complete tasks in the most economical way possible, with minimal effort and resources. By improving efficiency, a manager can ensure that their team is maximizing productivity and minimizing waste. This can be achieved through a variety of methods, such as process improvement, automation, and resource optimization. When a manager is able to increase organizational efficiency, they can achieve better results with the same or fewer resources, allowing the team to accomplish more in less time. Therefore, improving organizational efficiency is a critical skill for managers who want to achieve success and drive their team towards greater productivity and success.

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Select all that apply. Which factors might determine your preference for a new shirt? color of the shirt design on the shirt cost of the shirt how the shirt looks on you

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Demand is the term used to describe a consumer's desire and willingness to purchase a good or service at a specific time or over time. Also, customers must be able to purchase what they want.

What is a need example?

Needs include clothing, food, shelter, and water. These serve as illustrations of physiological demands, or needs that are satisfied by your physical state. You also have desires, which are things you want but do not actually require.

What primarily focuses on the behaviours of consumers?

Microeconomics focuses on the role that consumers and firms play in the economy, with a focus on the decision-making processes of these two groups. These choices involve the timing and cost of a consumer's purchases.

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job a3b was ordered by a customer on september 25. during the month of september, jaycee corporation used $2,500 of direct materials and used $4,000 of direct labor. the job was not finished in september. an additional $3,000 of direct materials and $6,500 of direct labor were needed to finish the job in october. the company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. what is the total cost of the job when it is completed in october?

Answers

The total cost of job A3B when it is completed in October is $27,000.

To calculate the total cost of job A3B, we need to consider the direct materials, direct labor, and overhead costs incurred in both September and October. In September, the company used $2,500 of direct materials and $4,000 of direct labor, but the job was not finished. Therefore, these costs are considered part of the work-in-progress (WIP) for job A3B at the end of September.

In October, the company needed an additional $3,000 of direct materials and $6,500 of direct labor to finish the job. These costs, along with the WIP costs from September, make up the total direct materials and direct labor costs for the job. To calculate the overhead costs, we need to determine the total direct labor cost incurred for the job. In this case, the total direct labor cost is $4,000 + $6,500 = $10,500. The company applies overhead at a rate of 200% of the direct labor cost incurred, which means that the overhead cost for job A3B is $10,500 x 200% = $21,000.

The total cost of job A3B when it is completed in October is the sum of the direct materials, direct labor, and overhead costs: $2,500 + $4,000 + $3,000 + $6,500 + $21,000 = $37,000. However, since $10,000 of these costs were incurred in September and are considered part of the WIP, we subtract that amount to get the total cost of the job when it is completed in October: $37,000 - $10,000 = $27,000.

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the following table contains financial information for dillon incorporated before closing entries: cash $ 13,100 supplies 6,300 prepaid rent 3,500 salaries expense 5,600 equipment 65,200 service revenue 28,400 miscellaneous expense 20,200 dividends 4,200 accounts payable 3,700 common stock 67,100 retained earnings 18,900 what is dillon's net income? multiple choice $8,100 $2,600 $7,100 $3,100

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The net income for Dillon Incorporated is $2,600, which corresponds to option B in the multiple-choice list.

Dillon Incorporated's net income using the provided financial information. The terms you want to include are: cash, supplies, prepaid rent, salaries expense, equipment, service revenue, miscellaneous expense, dividends, accounts payable, common stock, and retained earnings.

To calculate Dillon's net income, we need to follow these steps: Identify revenue and expense accounts. -

Service revenue: $28,400, Salaries expense: $5,600, Miscellaneous expense: $20,200
Calculate total revenues and total expenses.

Total revenues: $28,400 (service revenue). Total expenses: $5,600 (salaries expense) + $20,200 (miscellaneous expense) = $25,800. Determine net income by subtracting total expenses from total revenues. Net income: $28,400 (total revenues) - $25,800 (total expenses) = $2,600.

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A value hypothesis explains the reasons why a customer may choose not to use a product. True or false

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False.A value hypothesis is a declaration of the anticipated worth that a good or service will bring to its users. It describes the advantages and results that users will experience from utilising the product, as well as why users would want to use it.

A value hypothesis is defined.

A value hypothesis puts forth a presumption regarding the worth of a product to potential customers. But, it's also possible that your "future clients" are assumptions. A value hypothesis focuses more on the current market.

What is an example of a value hypothesis?

The value hypothesis examines how much value your product or service offers clients and, more crucially, if they are willing to pay for it.

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athletix shoe company is bringing a new shoe to the market, so it begins a series of ads meant to highlight the new shoe for customers. these ads can be best described as advertising. multiple choice brand advocacy competitive public service institutional

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Brand advocacy ads can be best described as advertising. The answer is OPTION A

Brand advocacy is a common strategy used in contemporary company marketing. Brand evangelists spread the news about the company. Their glowing testimonials regarding the goods or services provided by the business assist in attracting new clients. The goal of advocacy marketing is to encourage your existing customers to promote your company, goods, and/or services online.

Advocates have a variety of methods to show their support for your company, including YouTu-be review videos.  updates. shares onLoyalty concerns our customers' own buying decisions, whereas advocacy concerns what they say to other people. Advocacy is the highest possible recommendation for our goods and services, and it is also free promotion.

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of the various components of sales force compensation, which is designed to stimulate and reward effort? question 30 options: recognition the fixed amount the variable amount benefits expense allowances

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The variable amount of sales force compensation is designed to stimulate and reward effort.

This component of compensation is often based on the salesperson's performance and can include commissions, bonuses, or other incentives.Variable compensation is designed to motivate salespeople to work harder and perform better by rewarding them for their efforts.

This type of compensation is often tied directly to sales performance, so salespeople are incentivized to sell more and meet their sales targets in order to earn more money. This can be an effective way to encourage salespeople to put in extra effort and drive sales growth for the company.

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What factors would the Marketing department need to consider when creating an advert?

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Answer:

Little Overview :Creating an effective advert requires careful planning and consideration of various factors. The marketing department plays a crucial role in this process, as they are responsible for ensuring that the advert effectively communicates the desired message to the target audience. In this response, we will discuss some of the factors that the marketing department needs to consider when creating an advert.

TARGET AUDIENCE :

One of the most important factors that the marketing department needs to consider when creating an advert is the target audience. Understanding the demographics, preferences, and needs of the target audience is essential for creating an advert that resonates with them. The marketing department needs to conduct thorough research and analysis to identify the target audience and determine the best way to reach them. This may involve using different media channels, such as TV, radio, social media, or print, depending on the characteristics of the target audience.

MESSAGE :

The message that the advert conveys is another critical factor that the marketing department needs to consider. The message should be clear, concise, and compelling, and it should resonate with the target audience. The marketing department needs to carefully craft the message to ensure that it aligns with the brand's values and objectives. The message should also be consistent across different media channels and should be memorable to leave a lasting impression on the audience.

CREATIVE CONCEPT :

The creative concept of the advert is another important factor that the marketing department needs to consider. The creative concept should be engaging, creative, and unique, and it should capture the attention of the target audience. The marketing department needs to work closely with the creative team to develop a concept that aligns with the brand's messaging and resonates with the target audience. The concept should be executed in a way that is visually appealing and memorable.

MEDIA CHANNELS :

The media channels that the advert will be displayed on is another crucial factor that the marketing department needs to consider. The media channels should be selected based on the characteristics of the target audience and their media consumption habits. The marketing department needs to evaluate the effectiveness of different media channels in reaching the target audience and select the most appropriate ones. The budget allocated for the advert will also influence the selection of media channels.

BUDGET :

The budget allocated for the advert is another important factor that the marketing department needs to consider. The budget will determine the scope of the advert and the media channels that can be used. The marketing department needs to ensure that the budget is used effectively to maximize the impact of the advert. This may involve prioritizing certain media channels over others or selecting a creative concept that can be executed within the budget constraints.

CONCLUSION :

In conclusion, creating an effective advert requires careful consideration of various factors. The marketing department plays a crucial role in this process, and they need to consider the target audience, message, creative concept, media channels, and budget when creating an advert. By carefully evaluating these factors, the marketing department can create an advert that effectively communicates the desired message to the target audience and achieves the brand's objectives.

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