Answers
Answer:
The answer is "6".
Explanation:
Using formula:
[tex]\text{Producer surplus= Actual Price- Minimum Acceptable Price}\\\\[/tex]
[tex]=13-7\\\\=6[/tex]
Related Questions
SHINNING STAR BUS COMPANY (PTY) Ltd
Answers
Answer:
is that a question?????????
Robitussin redesigned its packaging to provide specific product use information to help buyers make a purchase decision and to inform them about proper product usage. The package lists four key pieces of information: the product's formulation, its possible side effects, the symptoms it treats, and the recommended age for usage. This is an example of meeting the ________ requirements of labeling.
Answers
Answer:
consumer
Explanation:
From the question we are informed about how Robitussin redesigned its packaging to provide specific product use information to help buyers make a purchase decision and to inform them about proper product usage. The package lists four key pieces of information: the product's formulation, its possible side effects, the symptoms it treats, and the recommended age for usage. This is an example of meeting the consumer requirements of labeling.
Customer requirements can be regarded as specifications or features of a product or service that consumers
feels like it deemed necessary to them. These requirements could serve as motivation to customers for then to buy a product or service. In order To determine customer requirements, research can be made by companies on their target market so they can understand consumers desires and needs. direct approach can also be used by asking their customers to leave feedback through polls as well as surveys and social media.
Two coworkers at Nortel came up with an idea for renting software over the Internet.Nortel's top management liked the idea and set up a special division called Channelware devoted to taking the idea and making a new product.The establishment of a new company and assigning the employees in the division the task of making the idea a reality requires which management function?
A) communicating
B) controlling
C) organizing
D) planning
Answers
Answer:
C) organizing
Explanation:
From the question we are informed about Two coworkers at Nortel who came up with an idea for renting software over the Internet.Nortel's top management liked the idea and set up a special division called Channelware devoted to taking the idea and making a new product.In this case, the establishment of a new company and assigning the employees in the division the task of making the idea a reality requires organizing, which is a management function. Functional management can be regarded as most common type of organizational management, Management which is set of principles that relates to the functions such as planning, controlling as well as organizing and directing. Organizing can be regarded as process involving identification and grouping of work that is needed to be performed, it entails defining as well as delegating the responsibility. It can be regarded as establishment of relationships to enable people to work together in effective way to achieve goals
The systems viewpoint sees organizations as entities made up of four interrelated parts known as Group of answer choices inputs, outputs, transformation processes, and feedback. planning, design, inputs, monitoring, outputs, and follow-up feedback. vision, planning, design, production, monitoring, and follow-up feedback. planning, inputs, monitoring, outputs, and feedback. planning, design, monitoring, production, and feedback.
Answers
Answer:
inputs, outputs, transformation processes, and feedback.
Explanation:
The viewpoint of the system that could see the organziation as the entities as they should be made of the input as the raw material, output as the finished product, transformation process as when the raw material is converted into the finished product and the feedback as the client feedback related to the product and service
So as per the given situation the above should be the answer
Every T account has two sides, credit and credit side.
True
False
Answers
Answer:
False
Explanation:
The two sides are DEBIT and credit.
Your co-worker, the operations manager of Blue Ocean Seafood Restaurants, has pointed out a slight decline in diners ordering and eating the chain's famous cheesy butter biscuits. The head of product development has a theory that people want lighter options today, and she has recommended test marketing a lower-fat version of the biscuits at select locations in eight major cities across the United States. As the marketing director, how do you respond
Answers
Answer:
You agree that test marketing could be helpful, but you point out that it may also reveal your ideas to your competitors.
Explanation:
In the give scenario the existing famous cheesy butter biscuits sales are going down. In an effort to increase the revenue of the business the head of product development has a theory that people want lighter options today, and she has recommended test marketing a lower-fat version of the biscuits at select locations in eight major cities across the United States.
This is an innovative solution to the problem and the head of product development should be encouraged to drive the test marketing.
However marketing a lower-fat version of the biscuits at select locations in eight major cities will expose the strategy to competitors. It will be better to conduct the test in a more controlled environment away from competitors.
GMR industries entered the airport space in early 2000's and is today 1
counted amongst the top 5 airports, private airport developer and operators
globally. GMR industries presently owns and operates Delhi International
Airport and Hyderabad International Airport. Apart from being the largest
airport company in India, GMR industries are the only Indian Airport
developer to have developed and operated airports outside India.
Identify the types of industry and its category being discussed in the above
case?
Answers
Answer:
f
Explanation:swsw
Name any FIVE causes of stress in the workplace
Answers
Answer:
1. long hours
2. tight deadlines
3. heavy workload
4. changes to duties
5. job insecurity
Luka, who owns a small breakfast and salad bar, has a reputation in the community as a tough manager. Many customers have heard Luka yell at his employees because he feels that workers today are lazy, lack ambition, and hate to work. Luka is a(n) ________ manager. Group of answer choices Theory Z participative contingency Theory X Theory Y
Answers
Answer: Theory X
Explanation:
A Theory X manager refuses to believe that workers can be internally motivated. They believe that workers are lazy, lack ambition and hate to work and so there is a need to continually push them to work.
This push can come in the form of punishment, rewards or prompting. Luka yells at his workers to push them to work by prompting them to. This style is generally looked down on today.
Which of these statements qualify as an unexpected expense? Your buddy, who owns the coolest computer in the world, just bought a new one and wants to sell his old one for cheap, for cash. You've got first crack at buying it. Your car insurance just went up, and you hadn't expected a bigger bill. The biggest game store is going out of business, and you'd like to pick up some absolutely awesome games at half price. You're living on your own, and your computer crashes. It has to be repaired. Your best friend is in the hospital in another city, and you need to fly to that city and head to the hospital. Which ones are unexpected expenses
Answers
Answer:
1.Insurance
2.Computer Crashes
3.Having to go to another City
The accounts of Melissa Manufacturing showed the following balances at the beginning of December: Account Debit Raw Materials Inventory $59,000 Work-in-Process Inventory 75,000 Finished Goods Inventory 30,000 Manufacturing Overhead 24,000 The following transactions took place during the month: December 2: Issued direct materials $39,000 and indirect materials $6000 to production. December 15: Incurred $5000 and $4000 toward factory's direct labor cost and indirect labor cost, respectively. What should be the balance in the Work-in-Process Inventory following these transactions
Answers
Answer:
$120,000
Explanation:
Calculation to determine What should be the balance in the Work-in-Process Inventory following these transactions
Beginning balance in WIP $75,000
Add: Direct materials transferred $39,000
Direct factory labor cost $6,000
Ending balance $120,000
($75,000+$39,000+$6,000)
Therefore What should be the balance in the Work-in-Process Inventory following these transactions is $120,000
Tom Lewis, an individual taxpayer, performs services for the Red Cross at an out-of-town location for three weekends during the year. There was no significant element of personal pleasure for Tom on these weekend trips. He incurred the following expenses in relation to these trips: Special uniform worn while performing services $100 Meals and lodging while on weekend trips 300 How much of the expenses may Tom deduct as a charitable donation on his Schedule A (itemized deduction) form (assuming that he can fully itemize and deduct all such expenses)
Answers
Answer:
The amount of the expenses that Tom may deduct as a charitable donation on his Schedule A is $400.
Explanation:
Since Tom's weekend trips were devoid of any significant element of personal pleasure and assuming that he can fully itemize and deduct all expenses incurred, the total amount of the expenses incurred in relation to the trips may be deducted by Tom as a charitable donation.
Therefore, we have:
Amount deductible as a charitable donation = Special uniform worn while performing services + Meals and lodging while on weekend trips = $100 + $300 = $400
Therefore, the amount of the expenses that Tom may deduct as a charitable donation on his Schedule A is $400.
Moped, Inc. purchased machinery at a cost of $44,000 on January 1, 2020. The expected useful life is 5 years and the asset is expected to have salvage value of $4,000. Moped depreciates its assets using the double-declining balance method. What is the accumulated depreciation for this asset on December 31, 2021?
Answers
Answer:
$28,160
Explanation:
Straight line dep rate = 1/Useful life of the aset * 100
Straight line dep rate = 1/5 * 100
Straight line dep rate = 20%
Double declining balance rate = Straight line dep rate * 2
Double declining balance rate = 20% * 2
Double declining balance rate = 40%
1st year depreciation = $44,000 * 0.40 = $17,600
2nd year depreciation = ($44,000-$17,600) * 0.40 = $10,500
Accumulated depreciation = $17,600 + $10,500 = $28,160.
So, the accumulated depreciation for this asset on December 31, 2021 is $28,160.
Following are transactions of Gotebo Tanners, Inc., a new company, during the month of January: Issued 10,000 shares of common stock for $15,000 cash. Purchased land for $12,000, signing a note payable for the full amount. Purchased office equipment for $1,200 cash. Received cash of $14,000 for services provided to customers during the month. Purchased $300 of office supplies on account. Paid employees $10,000 for their first month's salaries. What was the balance of Gotebo's Cash account following these six transactions
Answers
Answer:
$17,800
Explanation:
Calculation to determine the balance of Gotebo's Cash account following these six transactions
Using this formula
Cash Account= Beginning Cash-Office equipment+Cash for Service rendered-Employee salaries
Let plug in the formula
Cash account = ($15,000 - $1,200 + $14,000 - $10,000)
Cash account= $17,800
Therefore the balance of Gotebo's Cash account following these six transactions is $17,800
The law of diminishing marginal utility suggeststhat A) Price and quantity demanded are directly related. B) People will substitute lower-priced goods for more expensive goods, ceteris paribus. C) As marginal utility decreases, the willingness to pay increases. D) People are willing to buy additional quantities of a good only if its price falls.
Answers
Answer:
D) People are willing to buy additional quantities of a good only if its price falls.
Explanation:
Marginal utility is the additional satisfaction that a person gets from consumption of an extra unit of a product.
Diminishing marginal utility states that as more units of a good is consumed the satisfaction derived reduces.
Since people are less satisfied with consumption, they are less willing to to pay for more.
However if the price of the good falls people will now be more willing to buy as they are spending less on a product they are less satisfied with.
A ______ resume is customized to highlight the specific qualifications and experience needed for a particular job.
A targeted
B combination
C chronological
D functional
Answers
Answer:
A. targeted
Explanation:
A resume (curriculum vitae) can be defined as a short text-based document that a job applicant use to briefly outline his or her qualifications, abillities and accomplishments, haven completed and obtained an academic certificate.
Generally, all job applicants are required to have a resume (curriculum vitae). This brief and concise document is always requested by human resource managers during the job application process.
Furthermore, the primary way to make a resume persuasive (to convince or inform an action in the minds of the readers - potential employers) is by customizing it to fit each company and position.
This ultimately implies that, job applicants are expected to tailor their resume to fit or match the position that is advertised by a company's human resources department.
Hence, a targeted resume (curriculum vitae) is customized (tailored) by a job applicant to highlight the specific qualifications and experience needed for a particular job.
The National Recovery Administration (NRA) failed largely because a Harold Ickes, the head of the agency, proved to be an incompetent administrator. b it required too much self-sacrifice on the part of industry, labor, and the public. c businesses and labor aggressively and universally resisted any regulation of wages, prices, and hours by the agency. d it did not provide enough protection for labor to bargain with management. e the agency did not have enough power to control business.
Answers
Answer:
b. it required too much self-sacrifice on the part of industry, labor, and the public.
Explanation:
Franklin Delano Roosevelt was an American politician and statesman who was elected as the 32nd President of the United States of America in 1933. He was born on the 30th of January, 1882 in Hyde Park, New York, United States of America.
The National Recovery Administration (NRA) was an agency of the federal government of the United States of America, which was established in 1933 by President Franklin Delano Roosevelt.
The main purpose of the National Recovery Administration (NRA) was to stimulate, enhance or facilitate business recovery, promote compliance and reduce unemployment significantly
However, the National Recovery Administration (NRA) failed largely because it required too much self-sacrifice on the part of industry, labor, and the public.
When determining the human resources needs for a well-known engineering firm, the HR director realized that the company lacked a critical mass of engineers under the age of 30. The company could not afford to get caught short in this competitive business climate. An important recruitment strategy for the HR director's department was to start attending college fairs as well as considering hiring interns. We define his recruitment efforts as developing relationships with
A) external sources
B) median sources
C) internal sources
D) civilian sources
Answers
Answer:
The correct answer is the option A: External sources.
Explanation:
To begin with, in the field of business management when it comes to terms of sources of recruitment the extarnal sources are understood to be those who come from outside the organization and are needed to create a relationship in order to obtain good results. The external sources of recruitment are considered to be very expensive in comparison with the interanl sources and also to be more demanded of time as well. However, they also bring a great deal to the company due to the fact that increase the options available for the business to find the best of the best when it comes to potential employees.
In the context of business ethics,. Involves clear misconduct, unline an ethical dilemma that involves a conflict
Answers
Answer:
an ethical lapse
Explanation:
In the context of business ethics, AN ETHICAL LAPSE involves clear misconduct, unlike an ethical dilemma that involves a conflict.
The above statement is true because Ethical Lapse is a form of blunder or offense in which the individual's judgment or action leads to detrimental effects or results. Ethical lapses in workplaces could be caused by issues relating to insider stock trading, expense account extortion, sexual assault or harrassment, and many other issues against the interest of the company.
Evaluate the current financial performance of eskom
Answers
Answer:
Eskom Holdings SOC Limited dominates the electrical business in South Africa (Eskom).
They provide a significant amount of power for the country, accounting for over 95% of all power in South Africa.
In the first half of the 2018/19 financial year, Eskom made a profit of $48.05 million, down 89 percent from the previous year.
Higher borrowing expenses, higher gasoline prices, and increased staffing costs, they claimed, were to blame for the earnings dip.
Explanation:
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The sales statt at Mocmoo Real Estate is compensated primarily based on the value of the properties thay call. However, in order to encourage the salespeople to act in the best interests of the company, Macmoo bases 10 percent of each salesperson's yearly bonus on whether the company reaches its yearly financial goals. In which of tho following situations would the interests of tho salesperson bo most likely to conflict with the interests of the overall organization? Soloct one:
a. A Maemos agent becomes the selling agent for the same property multiple times
b. A Macmoo real ontate agent and another rool estate agent have a difference of opinion about the fair market value of a property
c. A Macmoo real estate agent completos a transaction com a commission, and generates naos leads that become profitable relationships for
d. A real estate transaction would generate a high commission for an agent but would associate the agency with the destruction of a beloved local
e. A Macmoo agont works excessively to earn a big bonus but neglects her personal life other Macmoo agents landmark
Answers
Answer:
A real estate transaction would generate a high commission for an agent but would associate the agency with the destruction of a beloved local landmark.
Explanation:
there would be a conflict of interest between the organisation and the sales person when the interests of both parties do not align.
The goal of the sales person is to earn the highest possible commission. While, the goal of the firm would be to earn profit and a have a positive image.
If the agent makes the sale, he earns a high commission but this would cost the firm its positive image. thus, the interest of both parties are at odds. this would generate a conflict of interest
A firm practicing unrelated diversification can make better capital allocations to its subsidiary businesses than the external capital market can for all the following reasons EXCEPT: a. corporate headquarters can allocate capital according to more specific criteria than is possible with external market allocations. b. corporate headquarters has more complete information about the subsidiary businesses than the external capital market. c. the firm can acquire other firms with innovative products instead of allocating capital to research and development. d. corporate headquarters can more effectively discipline underperforming management teams through resource allocation than can the external market.
Answers
Answer: C. the firm can acquire other firms with innovative products instead of allocating capital to research and development
Explanation:
Unrelated Diversification is regarded as a diversification which takes place when a company adds an unrelated product to its business. For example, when an television manufacturer enters into a clothing business.
A firm practicing unrelated diversification can make better capital allocations to its subsidiary businesses than the external capital market can for all the following reasons except when the firm can acquire other firms with innovative products instead of allocating capital to research and development.
Gray uses Hofstede's cultural values that were discussed in Chapter 1 to:
a Set forth accounting values that can be used to define a country's cultural foundation with respect to financial reporting
b Set forth corporate governance provisions that define an ethical organization culture
c Define what is meant by the public interest in accounting
d Define what is meant by internal controls over financial reporting in a cultural context
Answers
Answer:
a. Set forth accounting values that can be used to define a country's cultural foundation with respect to financial reporting.
Explanation:
Gray Hofstede's presented six dimensions of cultural values. Power distance index, Individualism vs collectivism, Masculinity vs Femininity, Uncertainty Avoidance Index, Long term vs short term orientation, Indulgence vs Restraint. He used footing for comparing state based accounting values. He set accounting values to define a country's cultural foundation with respect to financial reporting.
Noah's Ark is a successful child care center. It focuses on actively developing, finding, and communicating new knowledge to its employees so that workers can modify their behavior to reflect this new knowledge. Noah's Ark is an example of a(n) ________ organization. Group of answer choices customer-focused research innovative learning evolving
Answers
Answer:
learning
Explanation:
Since in the given situation it is mentioned that the child care center focused on the developing, communicating the new knowledge in order to modify the behavior so here this means that it have the learning environment in the child care center so that everyone could aware of anything also they have dont any problem regarding it. Moreover it increased the skills also
Therefore as per the given situation, the above should be the answer
Checking account A charges a monthly service fee of $3 and a per-check fee
of $0.02, while checking account B charges a monthly service fee of $2 and a
per-check fee of $0.03. How many checks would a person have to write for
the two accounts to cost the same?
O A. 22
O B. 100
O, C. 0
O D. 35
Answers
Answer: B. 100
Explanation:
To find this out, we shall assume that the number of checks that should be written for the two accounts to cost the same will be x.
The cost of Account A assuming x number of checks is:
= 3 + 0.02x
For Account B this is:
= 2 + 0.03x
Equate both expressions:
3 + 0.02x = 2 + 0.03x
3 - 2 = 0.03x - 0.02x
0.01x = 1
x = 1 / 0.01
x = 100 checks
Sam and his wife Ann purchased a home in Lubbock, Texas, in 1980 for $100,000. Their original home mortgage payment was $90,000. The house has a current market value of $175,000 and a replacement value of $200,000. They still owe $55,000 of their home mortgage payment. In their current balance sheet, their home will be reflected as: Group of answer choices
Answers
Answer:
$175,000 asset and $55,000 liabiliy
Explanation:
The computation is shown below:
In the present balance sheet, the home should considered the following amounts
1. The current market value of the house i.e. $175,000
2. And, the home mortgage payment of $55,000 that we called as the liability
These two amount should be presented on the balance sheet
Hence, the above should be the answer
A company reported total assets at the end of the previous year of $95,000; including cash of $35,000, accounts receivable of $20,000, and inventory of $40,000. It reported total assets at the end of the current year of $110,000; including cash of $44,000; accounts receivable of $29,000, and inventory of $37,000. Compute the net increase or decrease in cash for the current year.
Answers
Answer:
there is $9,000 increase in cash
Explanation:
The computation of the increase or decrease in cash is as follows;
In the previous year, the cash balance is $35,000
In the current year, the cash balance is $44,000
So the differenceis
= $44,000 - $35,000
= $9,000
This $9,000 represent an increase in cash
So, there is $9,000 increase in cash
If you 2,000,000,000 dollars what would you do with all that money
Answers
Answer:
put about 500,000,000 in stocks ,and 200,000,000 in bitcoin. Than start my own business save 1,100,000,000 in a bank or store it somewhere no one else can find it and than buy a beach side home and classic mustang cuz why not im rich
Explanation:
cuz I can
Which of the following is true about development? Group of answer choices It involves the movement, over generations, of the bulk of jobs from agriculture to manufacturing and service industries. The least developed countries have most of their populations employed in manufacturing. The least advanced countries have completed the transition from manufacturing to services and have entered the information age. Technological change does not influence development.
Answers
Answer: It involves the movement, over generations, of the bulk of jobs from agriculture to manufacturing and service industries
Explanation:
Development involves the movement, over generations, of the bulk of jobs from agriculture to manufacturing and service industries. Technology is also influenced by technological change.
The least developed countries have most of their populations employed in the primary sector like agriculture and haven't completed the transition from manufacturing to services and have not yet entered the information age.
Explain why unions have declined in power in the last few decades.
Answers
Answer: See explanation
Explanation:
There are a number of reasons for the reduction in the power of unions in the last few decades.
One reason attributed to this is due to the shift in the composition of the economy of the United States. Nowadays, there are more people whom work in the service industries, and these sector usually have lower unionization rate.
Also, there is a reduction in the number of unions in the ndustrial sector. Some states have a right to work laws in place which has also led to reduction in the power of the unions.
Lastly, thecemployer reactions are also a contributory factor as they're more aggressive so as to keep unions from their companies.