An introduction provides the anthology of the report an understanding of what the report is about.
It introduces the anthology to the contents of the report and tries to gain attention so that the anthology continues to read further. It can also give some background information on why the report is being written.
The executive summary, on the other hand, condenses the content of the main report into a small textbook so that the anthology can understand and get the gist of the whole report by reading the administrative summary. It also helps in outlining the crucial rudiments of the report.
Executive summary :
The executive summary and preface are two corridor of a company’s business plan, exploration paper or other important document. An executive summary is the full document, which can be 20 to 30 runners or further, condensed down to a many pellet points or paragraphs. You should be suitable to get the gist of the entire document simply by reading the executive summary.
Introduction :
The introduction to the document is like the first 10 twinkles of a movie in which you find out what the story is going to be about. The remainder of the document provides the full story. The introduction introduces the document and explains what it's about. Again in the the environment of a business plan, the introduction would bandy what business the company is in and describe the products or services the company offers. It might also include film land or delineations of the company's products.
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Why do economists believe that market‑based strategies are more likely to achieve efficient pollution abatement than regulatory agencies?.
Because the firm will seek low-cost options that will maximize profit and responding to price is less is more likely to lead to an efficient outcome.
In the financial idea, earnings are the excess earned above the normal go back on capital. earnings turn out to be the more of general revenue over the opportunity rate of manufacturing the coolest. thus, a business enterprise incomes zero economic income is still incomes a normal or aggressive go-back.
Profit is an absolute extensive variety decided with the resource of the number of profits or sales above and beyond the costs or expenses a business enterprise incurs. it is calculated as overall sales minus general charges and looks at an enterprise's earnings announcement.
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Sbj’s chris smith writes about institutional multiteam ownership as a closely watched trend in sports finance. Which major sports league is the last holdout for allowing this approach?.
CAZ Investments enters the expanding institutional ownership market with a focus on the final holdout league.
Institutional multiteam ownership is one of the market phenomena that has recently drawn the most attention. The nation's biggest leagues have long prohibited the practice, but barriers are beginning to fall as a result of the urgent need for cash and the skyrocketing franchise costs that have priced out many potential buyers.
Despite the market's relative youth, many early adopters are testing the waters. After becoming the first fund to receive approval to do so in 2019, Dial Capital's Home Court Partners bought modest percentage shares in a number of NBA clubs, including the Atlanta Hawks, Phoenix Suns, and Sacramento Kings.
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A company recorded an event that caused assets, liabilities and cash flow from financing activities to increase, but had no affect on net income. This event could have been due to ______.
An event that caused assets, liabilities and cash flow from financing activities to increase, but had no affect on net income could have been due to borrowing money with a two year term to maturity.
The maturity date also known as a final maturity date can be defined as the date on which a debt obligation is to be redeemed, as agreed upon contractually. Maturity date also can be described as the date on which the final payment is due on a loan or other financial instrument, such as a bond or term deposit, at which point the principal is due to be paid.
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review the following totals from a work sheet. based on these totals, the company experienced (a) net (income/loss) of $. income statement balance sheet debit credit debit credit $10,000 $7,500 $41,000 $43,500
Review of a work sheet based on these totals the company experienced (a) loss
(b) $2,500, 2500, or $2500
A corporation, often known as co., is a legal entity that stands for a group of people with a certain goal who are either natural, legal, or a combination of the two. Members of the company work together for a shared cause in order to accomplish clearly stated objectives.
So that the company itself has limited liability as members fulfill or fail to fulfill their obligations in accordance with the publicly stated incorporation, or published policy, a company may be established as a legal entity. A review is an assessment of a work of literature, a piece of merchandise, a business, a topic in politics or culture, or a firm. The reviewer may rate the piece in addition to giving it a critical evaluation to convey its relative worth.
A collection of reviews might be referred to as its own review.
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rust industrial systems company is trying to decide between two different conveyor belt systems. system a costs $320,000, has a four-year life, and requires $117,000 in pretax annual operating costs. system b costs $400,000, has a six-year life, and requires $111,000 in pretax annual operating costs. both systems are to be depreciated straight-line to zero over their lives and will have zero salvage value. whichever project is chosen, it will not be replaced when it wears out. the tax rate is 21 percent and the discount rate is 10 percent. calculate the npv for both conveyor belt systems.
The NPV of both System A and System B are -$559,736.92 and -$720,939.16. The firm choose System A conveyor belt system.
System A
Initial Investment in System A = Cost of System A = $320,000
Life of System A = 4 Years
Annual Depreciation of System A as per SLM = Cost of System A / Life
= $320,000 / 4
= $80,000
Pretax Annual Operating Costs = $117,000
Annual Operating Cash Flow = (-Pre-tax Annual Operating Cost - Annual Depreciation) × (1-Tax rate) + Annual Depreciation
= (-$117,000 - $80,000) × (1-0.21) + $80,000
= (-$197,000 × 0.79) + $80,000
= -$155630 + $80,000
= -$75630
NPV of System A = Present value of Operating Cash Flows - Initial Investment
Calculation of Present Value of Operating cash Flows
Present value of Operating cash Flows = Annual Operating Cash Flow × Present value Annuity factor of 10% for 4 Years
= -$75,630 × PVAF(10%,4)
[tex]PVFA(i,n)=\frac{1-\frac{1}{(1+i)^n} }{n}\\PVFA(10,4)=\frac{1-\frac{1}{(1+0.1)^4} }{0.1}\\\\=3.16986545[/tex]
= -$75630 × 3.16986545
= -$239,736.92
NPV of System A = Present value of Operating Cash Flows - Initial Investment
= -$239,736.92 - $320,000
= -$559,736.92
System B
Initial Investment in System B = Cost of System B = $400,000
Life of System B = 6 Years
Annual Depreciation of System B as per SLM = Cost of System B / Life of A
= $400,000 / 6
= $66,666.6667
Pretax Annual Operating Costs = $111,000
Annual Operating Cash Flow = (-Pre-tax Annual Operating Cost - Annual Depreciation) × (1-Tax rate) + Annual Depreciation
= (-$111,000 - $66,666.6667) × (1-0.21) + $66,666.6667
= (-$177,666.667 × 0.79) + $66,666.6667
= -$140,356.6667 + $66,666.6667
= -$73,690.00
NPV of System B = Present value of Operating Cash Flows - Initial Investment
Calculation of Present Value of Operating cash Flows
Present value of Operating cash Flows = Annual Operating Cash Flow × Present value Annuity factor of 10% for 6 Years
= -$73,690 × PVAF(10%,6)
[tex]PVFA(i,n)=\frac{1-\frac{1}{(1+i)^n} }{n}\\PVFA(10,6)=\frac{1-\frac{1}{(1+0.1)^6} }{0.1}\\\\=4.3552607[/tex]
= -$73,690 × 4.3552607
= -$320,939.16
NPV of System B = Present value of Operating Cash Flows - Initial Investment
= -$320,939.16 - $400,000
= -$720,939.16
NPV of System A = -$559,736.92
NPV of System B = -$720,939.16
Since System A's NPV is less negative, System A ought to be picked.
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ricardo started a web design company while still in college. he sold the company after graduation, and opened a computer repair shop. most recently, ricardo has started a marketing firm that specializes in social media. ricardo is an example of a(n):
While considering his previous entrepreneurship exploits, as he (Ricardo) has also started a marketing firm that specializes in social media. Then, he is an example of a lifestyle entrepreneur.
Who is a lifestyle entrepreneur?Basically, a lifestyle entrepreneur means a person that creates a business for the purpose of changing their lifestyle, rather than for making profits. They usually wants to create any business because they are passionate about it and believe that it will be personally rewarding for them.
While it is very possible that such business that the individual creates will eventually become successful, also, because of how passionate they are, the success will bot be brought about because of a focus on obtaining profits.
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unite labor union and three-strikes labor union are the labor unions of an airline company. unite labor union represents the interests of the flight crew, whereas three-strikes labor union represents the interests of the ground staff. when three-strikes labor union went on a strike to negotiate better pay, unite labor union went on a strike to support three-strikes labor union, even though unite labor union did not have any dispute with the company. the given scenario illustrates a(n)
The given scenario illustrates a sympathy strike where, unite labor even though they do not have any dispute with company they went on strike to support the three-strikes labor union.
When one labor union engages in a strike in support of some other that is engaged in a disagreement, even if the first union seems to have no problems with the company, this is recognized as a sympathy strike. Employees in one company began the strike, and employees in another, related industry ended up joining them in their activities.
A no-strike provision in an employment agreement is not infringed, according to certain courts, when there is a sympathy strike or general strike. Also, when one labor group simply refuse to work when another labor union is in conflict with the company or on strike can also be termed as sympathy strike.
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an umbrella policy is designed to cover: group of answer choices expensive personal property. additional buildings on your property. property when traveling away from home. major personal liability claims. flood damage.
Major personal liability claims are intended to be covered by an umbrella policy.
What is an umbrella policy?Umbrella insurance is a sort of personal liability insurance that provides coverage for claims that exceed the restrictions of a normal homeowner's, auto, or watercraft policy. Other members of the policyholder's family or household are also protected by umbrella insurance in addition to the policyholder.
How is personal liability addressed in this case?Personal liability insurance is all about providing you and your loved ones with financial stability. Your homes policy's personal liability coverage offers protection for claims of bodily injury and property damage experienced by third parties for which you or other members of your household who are covered by the policy are legally liable.
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an 8-year investment provides 10% irr per year. assuming you will actually receive all cash flows as promised, would you really earn 10% rate of return per year? why or why not?
The true return will change, even though the nominal return stays the same. If the inflation rate is positive under normal economic circumstances, even if the nominal return is 10%, the real return will fall below 10%.
What changes in nominal and real interest rates result from rising inflation?The real interest rate, according to the Fisher Effect, is equal to the nominal interest rate less the anticipated inflation rate. Therefore, unless nominal interest rates rise at the same rate as inflation, real interest rates decrease as inflation rises.
Real return: Does it fall short of nominal return?After deducting taxes and inflation, an investment's real return is what was made. Real returns are less favorable than nominal returns, which do not account for inflation or taxes.
Why does inflation affect the nominal interest rate favorably?Because it takes into account the interest rate before inflation, inflation has a positive impact on the nominal interest rate. Without taking into account any fees or interests, it considers the loan interest rates.
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irrational decision making in markets results in: externalities. evidence that the rational rules do not lead to their claimed outcomes. some supply decisions not matching marginal costs, and some demand decisions not reflecting marginal benefits. consistent overproduction.
An irrational decision making in market result in supply decisions not matching marginal costs, and some demand decisions not reflecting marginal benefits.
The marginal cost is the trade in total production cost that comes from making or generating one additional unit. To calculate marginal fee, divide the exchange in manufacturing charges by the trade in amount.
The amount of marginal cost varies according to the quantity of the good being produced. economic elements that impact the marginal value consist of facts asymmetries, advantageous and negative externalities, transaction costs, and charge discrimination. Marginal cost is not associated with fixed expenses.
Marginal cost refers back to the increase or lower within the price of manufacturing one more unit or serving one more patron. it is also called incremental fee.
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the problems in the interbank lending market such as those seen during the 2007–2009 financial crisis would have affected your ability to take out a personal loan with a bank. explain how.
The interbank lending market such as those seen during the 2007–2009 financial crisis would have affected your ability to take out a personal loan with a bank In early 2007, subprime lenders began to file for bankruptcy.
The collapse of the American investment bank Lehman Brothers on September 15, 2008, hastened the worldwide financial crisis brought on by the subprime mortgage crisis in the United States. Financial and capital markets have been seriously damaged by the financial turbulence. The international economy was dealt a crippling blow, and a global recession resulted. In this case, significant financial institutions from the United States and Europe experienced severe losses as a result of subprime mortgage loans and related securitized securities. Conversely, the direct losses suffered by Japanese institutions participating in these securitized assets were rather small. Numerous elements related to the financial services industry were found in analyses of the causes of the global financial crisis. One of these was the use of extremely high leverage in a variety of on- and off-balance-sheet operations.
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at the beginning of the year, freye incorporated reports inventory of $6,400. during the year, the company purchases additional inventory for $21,400. at the end of the year, the cost of inventory remaining is $8,400. calculate cost of goods sold for the year.
If at the beginning of the year, freye incorporated reports inventory of $6,400. during the year, the company purchases additional inventory for $21,400. at the end of the year, the cost of inventory remaining is $8,400. The cost of goods sold for the year is: $19,400.
Cost of goods soldFirst step is to calculate the cost of goods sold available for sale
Cost of goods sold available for sale = Additional inventory + Beginning inventory
Cost of goods sold available for sale = $21,400 + $6,400
cost of goods sold available for sale = $27,800
Using this formula to find or determine the cost of goods sold
Cost of goods sold = cost of goods sold available for sale - Cost of inventory remaining
Let plug in the formula
Cost of goods sold = $27,800 - $8,400
Cost of goods sold = $19,400
Therefore we can conclude that the cost of goods sold is the amount of $19,400.
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Which of the following financial institutions does not take customer
deposits?
A. Investment bank
B. Credit union
C. Commercial bank
D. Savings bank
Option (A) Investment bank is correct.
Investment bank does not take customer deposits.
What meant by Investment bank?Investment banks are financial institutions that sell their services and act as a middleman in complex transactions like mergers or a startup's initial public offering (IPO). They are also capable of acting as brokers or financial advisers for significant institutional clients like pension funds.
Investment banks do not accept deposits; rather, they help individuals, groups, and governments raise money by issuing securities. Investment companies, often known as mutual fund companies, pool money from institutional and ordinary investors to offer them access to a greater variety of assets. While some financial institutions take deposits, others only offer particular banking services. These non-depository financial institutions include brokerage houses, finance companies, insurance companies, and pension funds. They provide services to both people and companies.
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dave had little patience with his team who opposed his ideas. he had a strong need to be right despite the circumstances. what kind of communicator does dave seem to be? question 6 options: a) provisional b) certain c) strategic d) neutral
Dave seem to be certain communicator. He had little patience with his team who opposed his ideas. He had a strong need to be right despite the circumstances.
Communicators who talk with certainty appear narrow-minded and not willing to listen to other points of view, whereas provisional communication entails recognizing other different points of view and possibilities. Certainty language implies that there is just one solution, and the speaker knows it. He has a strong need to be right despite the circumstances. The use of provisional language indicates to the listener that the communicator is open to ideas.
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total bundle am owns a home-based embroidery business. he is considering buying a new sewing and embroidery machine. the janome memory craft 14000 sewing and embroidery machine bundle is priced at $6, 500. it will save approximately 60 hours of time (valued at $20 per hour) and will cost $600 to maintain. as an alternative, sam estimates that purchasing the janome mb-4s four needle embroidery machine will save approximately 30 hours of time (valued at $20 per hour), and the machine will cost $500 to maintain. based on the economic value to the consumer, what is he most that sam should be willing to spend on the janome mb-4s?
MB-4s four needle embroidery machine will save approximately 30 hours of time and the machine will cost $500 to maintain. based on economic value to the consumer Sam should be willing to spend 5900 on MB-4S.
Permit Sam to purchase the MB-4S using X.
Janome Memory Craft 14000 value is calculated as follows: 60*20 - 6500 = 1200 - 6500 = -5300
30*20-X = 600-X is the value of the MB-4S.
Now,
600 - X = -5300
X = 5300+600
X = 5900
Sam needs to have $5,900 available for the MB-4S.
A sewing or embroidery machine is used in the machine embroidery process to embroider patterns onto textiles.
Economic value is the value assigned to a good or service based on consumer preferences and the trade-offs they make in light of their limited resources.
The price a person is willing to pay for a good or service while keeping in mind that the money could be used for other things is the item's economic value. The economic worth, however, may alter if the cost of the commodity or service varies.
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When coca-cola introduced new coke it was a marketing failure. Someone in the marketing department likely thought the new recipe was a disaster waiting to happen, but didn’t speak up. This is most likely an example of.
Groupthink is when someone in the marketing department likely thought the new recipe was a disaster waiting to happen but didn't speak up.
Groupthink is a phenomena that happens when people come to an agreement without using critical thinking or weighing the pros and drawbacks. Groupthink is founded on a shared goal to maintain a group's equilibrium.
Groupthink has the potential to make people ignore crucial facts, which can eventually result in bad actions. Even in modest circumstances, this can be detrimental, but in some contexts, the repercussions can be considerably more severe.
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PLEASE HELP ACCOUNTING
Question 4 of 10
Which of the following should be included in
any journal entry?
A. A calculation of owner's equity
B. Either a debit or a credit
C. The total debits and credits for
the period
D. Both a debit and a credit
Answer:
The answer is D.
Explanation:
In a journal entry you are balancing your accounts. You have Debits and Credits. Think of the acronym DEAD when determining which is which. DEAD is Debits = expenses, assets, and dividends. Debits are always balanced out by credits. So for example if you had rent to pay, you would list that as a debit (it is an expense). The credit would be cash (cash is NOT an asset when thinking in terms of accounting).
SO:
10/12/22 Rent Expense $500
Cash $500
For everything, there is a balance. You want to know what counters a given account.
the recording of direct labor will result in a: multiple choice question. debit to work in process inventory and credit factory wages payable debit to factory wages payable and a credit to work in process inventory debit to work in process inventory and a credit factory overhead debit to factory overhead and a credit work in process inventory
Direct labour recording will result in a credit for Factory Wages Payable and a debit for Work in Process Inventory.
In any production round, items that are partially finished are referred to as "work in process" (WIP) inventory. The entire cost of unfinished goods currently being produced is referred to as work in process in manufacturing and supply chain management.
Higher WIP inventory levels are favourable since they can accommodate an increase in demand and shorten cycle times due to the additional manufacturing material. If demand is lower than anticipated, this could result in waste as well as higher storage costs and obsolescence risk.
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using the following assumptions, what was the change in cash from financing? starting cash was $10,000, increase in inventory by $5,000, increase in accounts payable by $8,000, decrease to accounts receivables by $2,000 and an increase to bank loans by $3,000.
The change in cash from financing will be $3,000, due to a loan taken from banks amounting $3,000 as there is inflow in cash flow.
The other four components such as increase in inventory worth $5,000, increase in accounts payable by $8,000, decrease to accounts receivables by $2,000 do not cause any change in cash flow of the company whereas loan amount worth $3,000 will lead to an increase in cash, hence cause change in cash from financing worth 3,000.
The net amount of cash and cash equivalents flowing into and moving out of a business is known to as cash flow. Money being spent and money collected reflect the inflows and outflows correspondingly.
The complete question is here:
Using the following assumptions, what was the change in cash from financing? Starting cash was $10,000, increase in inventory by $5,000, increase in accounts payable by $8,000, decrease to accounts receivables by $2,000 and an increase to bank loans by $3,000.
Select one:
a. -$3,000
b. $13,000
c. $3,000
d. $6,000
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What do economists mean by an economically efficient level of pollution? the economically efficient level of pollution is that amount where.
Pollution is most effectively produced when its total benefits outweigh its total costs by a large enough margin. When the marginal benefit of the an extra item of pollution is equal to its marginal cost, this situation arises.
What is Pollution?
The introduction of pollutants into the environment that have a negative impact on it is known as pollution. Pollution can be any kind of material or energy. Both naturally occurring contaminants and foreign substances/energies can be considered pollutants, which are the elements of pollution. Despite the fact that natural disasters can result in environmental pollution, the word pollution generally implies that contaminants came from an anthropogenic source, or a source made possible by human activity. Point source and nonpoint source pollution are two common categories for pollution. Nine million people died worldwide in 2015 as a result of pollution. With little discernible progress against pollution, this remained constant in 2019. 34 of these previous deaths were caused by air pollution. The most prevalent types of pollution are air pollution, light pollution, litter, pollution, plastic pollution, contamination of the soil by radioactive agents, thermal pollution, visual pollution, and water pollution.
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the process of crafting operational strategy include all of the following except: group of answer choices analyze operations and environment generate tactical alternatives deploy strategies measure, benchmark, review and adjust
The process of crafting operational strategy is Generate tactical alternatives .
Option B is correct
Capacity Issues In Special- Order Decisions:A special order decision is a short- term decision to determine if a company should supply a product or service to a client. Besides applicable manufacturing costs of the order, the company will also need to consider if they've redundant capacity to deal with the order. redundant capacity relates to the quantum of spare manufacturing capacity to manufacture products relating to the special order.However, current product and deals will have to be offered, If a company doesn't have sufficient redundant capacity. This will affect in occasion costs incurred and will have to added to the applicable cost of the special order.
What's tactical and strategic?While strategy is the action plan that takes you where you want to go, the tactics are the individual way and conduct that will get you there. In a business environment, this means the specific conduct brigades take to apply the enterprise outlined in the strategy.
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A basic test of the usefulness of the market segmentation process is whether it leads to tangible marketing actions that can.
A basic test of the usefulness of the market segmentation process is whether it leads to tangible marketing actions that can. increase sales and profitability
What's market segmentation illustration?
Common exemplifications of market segmentation include geographic, demographic, psychographic, and behavioral. Companies that understand market parts can prove themselves to be effective marketers while earning a lesser return on their investments. The three main types of market segmentation are demographic, psychographic, and behavioral. Demographic segmentation divides people grounded on their age, income, education position, and occupation. Some exemplifications of companies that use demographic segmentation include insurance providers, healthcare companies, and banks.
What's tangible marketing?Tangible marketing consists of all types of print media. exemplifications include books, magazines, journals, leaflets, direct mailers, bills, promotional particulars, business cards and more.Tangible marketing is the use of promotional particulars to contribute to brand recognition and client fidelity. Gifts and gifts should be approached with a defined strategy in order to produce the loftiest impact for your marketing bones.
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an increase in the price of blueberries would lead to a(n) a. increased supply of blueberries. b. a movement up and to the right along the supply curve for blueberries. c. a movement down and to the left along the supply curve for blueberries. d. both a and b are correc
A movement up and to the right along the supply curve for blueberries impact on the increase in blueberry prices.
The supply curve can be described as a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period. In the supply curve, the quantity supplied will appear on the horizontal axis while the price will appear on the left vertical axis. In economics, supply can be described as the amount of a resource that firms, producers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual.
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strategic recruiting decisions include all of the following except: a. make or buy b. technology vs. people c. which applicant should be interviewed d. promote from within or look outside
Strategic recruiting decisions include all of the following except c. which applicant should be interviewed.
In the field of business, strategic recruiting is referred to as formulating ways through which the best candidates can be hired.
These decisions include whether technology will be better or people for a certain task. Strategic recruiting decisions also include the thinking process of whether it will be feasible to promote people for a job or to hire a new person for it.
However, which application is to be interviewed does not come under strategic recruiting decisions.
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assume a company uses the weight-average method in its process costing. its work in process t-account for the refining department for august is: work in process: refining department debit credit august 1 balance 62,000 completed and transferred to finished goods ? materials 310,000 direct labor 72,000 overhead 181,000 august 31 balance ? the august 1 work in process inventory consisted of 6,000 units with $41,500 in materials cost and $20,500 in conversion cost. the august 1 work in process inventory was 100% complete with respect to materials and 40% complete with respect to conversion. during august 48,000 units were started into production. the august 31 work in process inventory consisted of 8,000 units that were 100% with respect to materials and 60% complete with respect to conversion. the materials cost included in the amount transferred from the refining department to finished goods is closest to:
The materials cost included in the amount transferred from the refining department to finished goods, under the weighted-average method, is closest to $299,460.
What is the weighted-average method for computing equivalent units?The weighted-average method for computing the equivalent units does not include the units of the beginning inventory but includes the units transferred out and the ending inventory.
The equivalent units include the units completed using the percentage of completion for units transferred out and the ending inventory.
T-accounts:Work-in-Process: refining department
Date Account Titles Debit Credit
August 1 balance 62,000
Completed and transferred to finished goods ?
Materials 310,000
Direct labor 72,000
Manufacturing overhead 181,000
August 31 balance ?
Physical Flow:Beginning work in process 6,000
Started into production 48,000
Units available for production 54,000
Ending work in process 8,000
Units transferred out 46,000
Equivalent units of production:Materials Conversion Costs
Units transferred out 46,000 (100%) 46,000 (100%)
Ending work in process 8,000 (100%) 4,800 (60%)
Total equivalent units 54,000 units 50,800 units
Cost of production:Materials Conversion Total Costs
Beginning inventory $41,500 $20,500 $62,000
Costs incurred 310,000 253,000 563,000
Total costs incurred $351,500 $273,500 $625,000
Unit cost per equivalent unit $6.51 $5.38
Costs assigned:
Units transferred out $299,460 ($6.51 x 46,000)
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How will retirement affect us today If your parents are not prepared for retirement?
Please answer as soon as possible. Thanks
Answer:
They would not have the money to raise you and retire, so being ready for retirement is a must.
Explanation:
a monopolist or an imperfectly competitive firm practices price discrimination primarily to: a reduce marginal costs. b increase consumer surplus. c lower total costs. d increase profits. e expand plant size.
A monopolist or an imperfectly competitive firm practices price discrimination primarily to lower total costs.
What is monopoly?
According to Irving Fisher, a monopoly is a market where there is "no competition," which results in a situation where one person or business is the sole supplier of the a specific good or service. This contrasts with oligopoly and duopoly, which involve a small number of sellers controlling a market, and monopsony, which refers to the a single entity's control of the a market to buy a good or service. Monopolies are thus characterised by a lack of viable substitute products, a lack of economic contest to produce the product or service, and the potential for a high monopoly price that is significantly higher than the seller's marginal cost and generates a high monopoly profit.
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when billie moved from iowa to sweden, she was surprised how little entrepreneurism she saw. this is most likely because of which drawback of socialism
When Billie moved from Iowa to Sweden, she was surprised how little entrepreneurism she saw. this is most likely because of possible brain drain drawback of socialism.
A significant exodus or migration of people is referred to as "brain drain" in slang. A brain drain might be the consequence of internal unrest in a country, the availability of lucrative job possibilities abroad, or a desire to move to a country with a higher standard of living. When workers perceive higher salary, benefits, or upward mobility inside another business or sector, brain drain may also take place at the organizational or industrial levels, in addition to occurring geographically.
Tax money is lost, which is one of the effects of brain drain.Increasing public investment in the neighborhood economy is one of the greatest approaches to stop brain drain.Learn more about Brain drain, here
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What type of communication provides powerful analytics that allow entrepreneurs to determine the effectiveness of their communication efforts?
O A. Interior communication
О в.
OC.
Nonverbal communication
Social media communication
D. Creativity communication
An appropriate choice is option (c). Business owners can use social media communication's robust analytics to assess the success of their communication efforts.
Social media communications are what?A communication method based on the internet is social media. Users can converse, share knowledge, and publish content online via social media platforms. Social media describes how individuals interact with one another through the creation, sharing, and/or exchange of knowledge and ideas in online groups and networks.
What constitutes effective corporate communication?Interaction between people is facilitated via communication. Entrepreneurs continually aim to enhance their communication skills because doing so will help them share and express their ideas clearly, as well as interact with their team, clients, and coworkers in a better way.
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perfectly inelastic demand is represented by a demand curve which is , and relatively inelastic demand is represented by a demand curve which is .
A vertical curve straight line is perfectly inelastic demand is represented by a demand curve which is, and relatively inelastic demand is represented by a demand curve.
What is vertical curve straight line?The curve separating two straight portions of a road with different slopes. The curve provides a smooth change from one inclination to the other for haulages.
Sag curves and crest curves are the two types of vertical curves. Sag curves are utilized when the change in grade is positive, as in valleys, and crest curves when it is negative, as in hills.
Thus, it is a vertical curve straight line.
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