The opportunity cost for the liger if it catches a gazelle is the loss of the alternative options that it could have chosen instead. In this case, the liger could have chosen to catch a wildebeest or a buffalo, but it chose the gazelle because it likes the taste the most.
Therefore, the opportunity cost for the liger is the lost opportunity of eating a wildebeest or a buffalo. If the liger had chosen to catch a wildebeest, the opportunity cost would have been the loss of the chance to eat a gazelle or a buffalo. Similarly, if it had chosen to catch a buffalo, the opportunity cost would have been the loss of the opportunity to eat a gazelle or a wildebeest. In other words, the opportunity cost is the cost of the next best alternative that the liger has to give up in order to choose its preferred option.
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The economic principle of ______ says that when there are two houses in the same neighborhood with the same size, appeal, and utility, the lower-priced one will tend to sell first.
The economic principle of substitution says that when there are two houses in the same neighborhood with the same size, appeal, and utility, the lower-priced one will tend to sell first.
The economic principle of substitutionAccording to the principle of substitution, the cost of purchasing a substitute that is just as desired tends to establish the upper limit of value, assuming no inopportune delays. A shrewd investor would not spend more on an asset that generates income than it would cost to construct or buy an asset of a similar nature.According to this theory, the cost of acquiring a comparable substitute property with the same use, design, and revenue determine the maximum value of a property in most cases. For instance, why would somebody pay $1,000,000 for a home when they could pay $750,000 for a different but as appealing home in the same neighborhood?To learn more about the economic principle of substitution refer to:
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The definition of a(n) _________ is when our desired outcomes do not match the actual situation.
The definition of a problem is when our desired outcomes do not match the actual situation.
A problem is that situation which is unsatisfactory and causes difficulties for the people.
Problems are always uninvited and must be solved as earliest as possible. There must not be any gap between what is desired and what is got. This difference will give birth to problems of many types.
Because after solving the problems the desired results would be obtained.
It can be the problem of unemployment, poverty, low per capita income, heavy population pressure over the economy.
Problems could be solved by inspection at first or by using different problem solving techniques such as sample testing, taking different surveys to collect data about the problem so that is could be solved as early as possible.
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If, as your taxable income decreases, you pay a smaller percentage of your taxable income in taxes, then the tax is
If, as your taxable income decreases, you pay a smaller percentage of your taxable income in taxes, then the tax is Progressive tax.
What is meant by progressive taxes?The average tax burden rises with income under a progressive tax. Low- and middle-income taxpayers bear a disproportionately tiny amount of the tax burden, compared to high-income families. A tax system that raises rates as taxable income rises is known as a progressive tax. Taxes on investment income, interest income, rental income, estates, and tax credits are a few examples of progressive taxes.
Based on the amount of tax you must pay relative to your income, taxes can be classified as regressive, proportional, or progressive. As your income declines, regressive taxes force you to pay a bigger proportion of your individual income in taxes. Tax reductions enhance people' discretionary income while reducing the government's revenue. Tax reductions typically refer to decreases in the percentage of income, commodities, and services subject to tax. Tax reductions serve as an illustration of an expansionary fiscal strategy since they give consumers greater discretionary income.
So, If, as your taxable income decreases, you pay a smaller percentage of your taxable income in taxes, then the tax is Progressive tax.
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ReMax, a real estate broker, wants employees to close sales. Without sales, there is no business. Agents are paid a commission, usually 1.5-3% of the sales total, to pull the parties together and smooth out any issues. In this way, both ReMax and the agents gain. This is an example of
Transactional leadership
Real estate broker ReMax wants staff members to close deals. There can be no business without sales. To bring the parties together and resolve any disputes, agents are compensated with commissions that are typically 1.5–3 percent of the sales volume. This benefits both ReMax and the agents.
This is an illustration of transactional leadership.
With transactional leadership, sometimes referred to as managerial leadership, an executive uses rewards and penalties to ensure that his or her employees perform to their full potential. They instill such a strong sense of dedication in their followers that they are willing to take risks with their own health and safety in order to deliver the outcomes the leader demands.
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If merchandise sold on account is returned to the seller, the seller may inform the customer of the details by issuing a
The seller may inform the customer of the details by issuing a credit memo .
A credit note or credit memo is a commercial document issued by a seller to a buyer. A credit memo serves as the source document for the sales return journal. In other words, the credit is evidence of a decline in sales. A credit is a short form of term credit and is evidence of a reduction in the amount owed by the buyer to the seller on a previous invoice.
A document from the bank to the depositor may also indicate that the depositor's account balance is in a non-deposit event such as B. Collection of the depositor's exchange bill by the bank.
A credit memo lists the products, quantities, and agreed prices for products or services offered by the Seller to the Buyer but not returned or received by the Buyer. May be issued for damaged goods, errors, and repairs.
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how does teaching job contribute in the development of our society
Answer:
It helps with new children coming into school
Howard is assessing the legal risks to his organization based upon its handling of PII. The organization is based in the United States, handles the data of customers located in Europe, and stores information in Japanese datacenters. What law would be most important to Howard during his assessment
If Howard is assessing the legal risks to his organization based upon its handling of PII. What law would be most important to Howard during his assessment are: Japanese law, European union law, U.S. law
What is Legal risks?Legal risks has to do with legal matters or issues that arises for non compliance with a rules and regulation and can be defined as the risks that a person face for not abiding by the law that related to the person business.
Hence, If Howard is assessing the legal risks to his organization based upon its handling of PII what law would be most important to Howard during his assessment are Japanese law, European union law, U.S. law as all the law will tend to have equal weight.
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Katie was notified in November that she will be receiving a $75,000 bonus. This is her first year as an executive and she is thrilled, but she is concerned about the tax impact. She decides to take $25,000 in December (the normal payable date) and to defer the residual for 15 years when she plans to retire. Does Katie have a taxation issue assuming that there is an immediate vesting policy in place for her employer's deferred comp plan
The answer is Yes, Katie have a taxation issue assuming that there is an immediate vesting policy in place for her employer's deferred comp plan
The term impact is used to describe the immediate consequences or initial imposition of a tax. The tax impact first affects the taxable person. Therefore, those who are eligible to pay taxes to the government are in effect. The
cascade tax effect is also known as "taxable". This effect occurs when goods are taxed at all stages of production. Such goods are taxed until they are finally sold to consumers. This means that subsequent transfers of goods will be taxed, including the tax levied on the previous transfer.
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Use the following information (presented in random order) to complete an Income Statement and Balance Sheet. The name of the business is Future Tech, and the accounting period is the month of March, 2021. You will need to calculate the Capital amount for owner R. Lee. Remember: Add dollar signs and underlines in the appropriate places on both statements.
(Do it in an income statement too please)
The completion of the Income Statement and Balance Sheet for Future Tech. in the month of March 2021, is as follows:
Future Tech.
Income StatementFor the month ended March 31, 2021
Revenue:
Fees Earned $4,500
Expenses:
Advertising $800
Maintenance 790
Internet 600
Telephone 300 $2,490
Net income $2,010
Future Tech.
Balance SheetAs of March 31, 2021
Assets
Cash $600
Accounts Receivable 1,200
Supplies 350
Office Equipment 3,400
Total assets $5,550
Liabilities and Equity
Liabilities:
Accounts Payable $250
Bank Loan 1,800
Total liabilities $2,050
Owner's equity $3,500
Liabilities + Equity $5,550
What is a balance sheet?A balance sheet is a financial statement that shows the assets (what the entity owns) and the liabilities (what the entity owes outsiders) plus the equity (what the entity owes to the owner).
Thus, the capital amount for owner R. Lee is calculated to be $3,500 ($5,550 - $2,050).
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Bonds represent a lower level of risk than do stocks in the same company.
a. true
b. false
The statement, bonds represent a lower level of risk than do stocks in the same company, is true.
Bonds in general are considered less risky than stocks for several reasons such as- bonds carry the promise of their issuer to return the face value of the security to the holder at maturity, whereas stocks have no such promise from their issuer.
Bonds are considered safer than the stocks, as on a bond you can expect a lower return on your investment. Whereas stocks, typically combine a certain amount of unpredictability in the short-term, with the potential for a better return on your investment.
Hence, stocks are considered riskier than corporate bonds.
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Henson Company has an investment opportunity that costs $9,936 and increases annual net cash flows by $3,000. Assuming a present value factor of 3.312127, the net present value of the investment is $
The Net Present Value of the Investment is -$1,064
SOLUTION“Net present value is the present value of the cash flows at the required rate of return of your project compared to your initial investment,” In practical terms, it's a method of calculating your return on investment, or ROI, for a project or expenditure.An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.Annual Cash Inflows $3000
Present Value Factor 3.312127,
Present Value of Cash Inflows $9936
Less: Initial Investment $11,000
Net Present Value -$1,064
EXPLANATIONIn net present value method the future cash inflows rate are discounted to present net value at discount rate (PV FACTOR)The rationale for discounting is money received today is more valuable than the money to be received in future.So the present value of cash inflows is compared with initial investment if net present value is positive then the project is accepted otherwise its rejected.In this case the net present value is negative, hence the project will be rejected.
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What features should you present when demonstrating 2023 murano’s confident cornering?.
Answer: Midnight Edition package,
Explanation: For 2022, Murano adds a new Midnight Edition package, with blackout front grille, lower fascia, exterior trim and special gloss black 20-inch aluminum-alloy wheels. It is available on Murano SV front-wheel and all-wheel models.
Suppose a new law requires all piercing studios to pass tougher licensing tests and to begin using more costly sterilization methods. Other things constant, this law would cause
The correct option is c) a decrease in the supply of piercings and a higher price for piercings.
Decreased availability results from rising production costs (shift to the left). Prices rise and quantities decline as a result of a decrease in supply.
What Are Production Costs?All of the direct and indirect expenses firms incur when producing a good or rendering a service are referred to as production costs. Various expenditures, including labour, raw materials, consumable manufacturing supplies, and general overhead, might be included in production costs.
Some characteristics of production cost are-
Production costs are the expenses a business has to pay while producing a good or offering a service that brings in money for the business.Various expenditures, including labour, raw materials, consumable manufacturing supplies, and general overhead, might be included in production costs.The total cost of direct materials and labour as well as the total cost of manufacturing overhead can be added together to get the total cost of the product.To know more about revenues and costs of production, here
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The complete question is-
Suppose a new law requires all piercing studios to pass tougher licensing tests and to begin using more costly sterilization methods. Other things constant, this law would cause:
a) an increase in the supply of piercings and a lower price for piercings.
b) an increase in the supply of piercings and a higher price for piercings.
c) a decrease in the supply of piercings and a higher price for piercings.
d) a decrease in the supply of piercings and a lower price for piercings.
A key benefit for organizational controls includes moving decision making to those closest to customers and areas of uncertainty. this is known as?
A key benefit for organizational controls includes moving decision making to those closest to customers and areas of uncertainty. this is known as decentralized decision making.
What is decentralized decision making?Decentralized decision making is a type of decision making that involves an organization, leaders to be more responsive.
They get feed backs almost immediate and people get to ask questions.
It involves meeting customers or the closest possible individual to target customer.
Therefore,
A key benefit for organizational controls includes moving decision making to those closest to customers and areas of uncertainty. This is known as Decentralized decision
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If overall interest rates in the economy rise, a corporate bond with a fixed interest rate will generally:________
If overall interest rates in the economy rise, a corporate bond with a fixed interest rate will generally decline in value.
What is the difference between Bond Prices Vs Yield?
Bond prices and interest rates go hand in hand. Bond prices typically decline as borrowing costs increase (when interest rates rise), and vice versa.
Consider zero-coupon bonds, which don't pay monthly interest and instead derive all of their value from the difference between the purchase price and the par value paid at maturity.
This is an easy way to understand why bond prices move in the opposite direction of interest rates.
Zero coupon bonds
Zero-coupon bonds are sold below par value and have yields that depend on the price paid, the par value, and the time until maturity.
Zero-coupon bonds, on the other hand, also lock in the bond's yield, which can appeal to some investors.
For example of Zero-coupon bonds,
The current rate of return on a zero-coupon bond with a par value of $1,000 (paid upon maturity in one year) and a market price of $950 is 5.26 percent: $1,000 - 950 950 x 100 = 5.26.
In other words, a person would have to be content with obtaining a 5.26 per cent return if they paid $950 for this bond.
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An IAC (industrially advanced country) had a per capita income of $44,000, while a DVC (developing country) had a per capita income of $2,200 in a given year. If both countries experience a per-capita-income growth of 4 percent, then the per-capita-income gap one year later will be
The per-capita-income gap one year later will be $43,472.
What will be the per-capita-income gap one year later?GDP per capita is the GDP of a country divided by the population of the country. It is used as a metric to determine the standard of living of the population.
GDP per capita = GDP / population
Difference in the GDP per capita = 1.04 x (44,000 - 2,200)
1.04 x 41,800 = $43,472
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Some examples of opportunity costs that should be included in project analysis are?
Some examples of opportunity costs that should be included in project analysis are that, skilled employees who are moved from an existing project to the new project causing a loss in the existing project.
Opportunity cost refers to what you have to give up to buy what you want in terms of other goods or services. Opportunity cost is a great tool for project selection in many organizations.
The opportunity cost is the difference between the net value of the path that was chosen and the net value of the best alternative that was not chosen.
There is an example of opportunity cost which should be included in the project analysis. The situation where skilled employees are moved from an existing project to the new project causing a loss in the existing project, should be analyzed.
Hence, the answer was given and explained above.
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Differentiation on the basis of innovation and technological competency depends on the research and development function. Group of answer choices True False
True, Differentiation on the basis of innovation and technological competency depends on the research and development function.
Technology is the result of accumulated knowledge and the application of skills, methods, and processes used in industrial production and scientific research. Technology is embedded in the operation of all mechanical and electronic devices, with or without detailed knowledge of their function, for the intended purpose of an organization.
The technology of society consists of so-called systems. A system works by taking input, modifying that input through what is called a process, and producing a result that achieves the intended purpose of the system.
The earliest and simplest form of technology is the development of knowledge leading to the application of basic tools. The prehistoric invention of carved stone tools and the discovery of ways to control fire has increased the food sources available to humans.
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To get the benefits of vertical integration without the accompanying risks, companies can ______. (Check all that apply.)
Companies can do the listed in order to get the benefits of vertical integration without the accompanying risks
choose strategic outsourcinguse taper integrationWhat is a vertical integration?This refers to a business strategy that allows a firm company to alter or design its operations by taking direct ownership of various stages of its production process rather than just relying fully on an external contractors or suppliers.
The adoption of vertical integration helps to achieve a lower transportation costs and turnaround times, reduced disruptions and quality problems from suppliers, lower costs through economies of scale and an Improved profitability.
The risk associated with a vertical integration that could be an inability to cope with new technologies because they evolve quickly can be correct by choosing a strategic outsourcing or using a taper integration.
Therefore. the Option A & B is correct.
Missing options "
-choose strategic outsourcing
-use taper integration
-control every element of the industry value chain
-opt to become fully vertically integrated"
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A $100 petty cash fund has cash of $20 and receipts of $82. the journal entry to replenish the account would include a:_______
A $100 petty cash fund has cash of $20 and receipts of $82. the journal entry to replenish the account would include a debit to Cash Over and Short for $2.If a cashier or bank teller makes a mistake, such as giving too much or too little change, the business will conclude the day with "cash short" or "cash over" position.
When there is a shortage, the excess and short funds are recorded as debit. That indicates that we have given clients too much change. When there is an overage, however, excess and deficit in cash are recorded on credit.
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Isabella has been transferred to an office overseas. She is going to need to learn about this new culture and new business customs. This is an example of what challenge/opportunity that faces organizations today
Isabella has been transferred to an office overseas. She is going to need to learn about this new culture and new business customs. This is an example of globalization.
The movement of goods, technologies, information, and jobs between countries is referred to as globalization.
Globalization gives businesses in developed countries a competitive advantage.
Globalization also benefits developing nations since they often have a lower cost of living, which attracts employment.
The advantages of globalization have come under scrutiny since their good consequences are not always equitably dispersed.
An evident outcome of globalization is the ability of one country's economic crisis to have a cascading effect on its trading partners.
Globalization essentially refers to the world becoming more connected. Due to variables including air travel, containerized sea transportation, international trade agreements and legal treaties, the Internet, and other causes, countries are now more connected than ever before.
Hence, in the given scenario where Isabella is going to learn new culture and customs of the place she is transferred to is an example of glbalization
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According to the neoclassical view, an increase in the cpi leads to __________, ceteris paribus
According to the neoclassical view, an increase in the cpi leads to d) No shifting of the SRAS curve ceteris paribus.
SRAS way the long-run production capacity of an economic system. An alternate inside the price degree does no longer affect the SRAS. the quick-run mixture supply curve (SRAS) shall we capture how all of the corporations in an economic system respond to rate stickiness. While prices are sticky, the SRAS curve will slope upward. The SRAS curve suggests that a better rate level leads to more output.
Ultimately, the most essential element shifting the SRAS curve is productiveness increase. Productivity—in economic terms—is how tons of output can be produced with a given amount of labor. One degree of that is output according to employee, or GDP according to capita.
A boom in mixture delivery because of a decrease in entering expenses is represented by means of a shift to the right of the SAS curve. A 2nd issue that causes the mixture delivers curve to shift is monetary growth. Superb financial boom effects from an increase in efficient sources, together with exertions and capital.
The question is incomplete. Please read below to find the missing content.
According to the neoclassical view, an increase in the cpi leads to __________, ceteris paribus.
a) A rightward shift in the SRAS curve
b) A leftward shift in the SRAS curve
c) A upward shift in the SRAS curve
d) No shifting of the SRAS curve
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Operations management is applicable:Group of answer choicesto all firms, whether manufacturing or service.to services exclusively.mostly to the service sector.to the manufacturing sector exclusively.
To the manufacturing and service sectors, the right response is C.
Operational teams are formed to do regular activities and standardized work necessary to support the day-to-day processes and functioning of the firm.
What is operations management?Operations management (OM) is the administration of business practices to create the highest level of efficiency possible within an organizationIt is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization.Operations management is used by many different kinds of businesses to handle daily operations effectively. Operations management is used by businesses in the manufacturing and service industries to offer clients high-quality goods and effective services.
Both industries deal with common management topics including quality control, capacity management, inventory and sourcing management, and customer service. These topics involve both strategic and operational management.
Hence, Operations management is applicable to the manufacturing and service sector.
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Correct Question - Operations management is applicable:
A. mostly to the service sector
B. mostly to the manufacturing sector
C. to manufacturing and service sectors
D. to services exclusively
A government may be able to reduce structural unemployment by
Select one:
O increasing imports
O increasing the money supply
O lowering tax rates
O offering job training programs
Answer:
offering job training programs
How should agent Erin respond when consumer Mrs. Rose notices that the presented MA Plan has a Star Rating of 2 stars
The way that Erin should tell the consumer Mrs Rose that the plan has received a below average rating.
What is a consumer?It should be noted that a consumer is a individual who buys goods primarily to meet his needs.
Here, the customer has a rating of 2 stars and should be told that he has a below average rating.
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Trey wants to put his leadership skills to good use. He is good at overseeing activities and delegating responsibilities. Which officer position would he excel at?
The officer position would he excel at , since He is good at overseeing activities and delegating responsibilities is delegating leader.
What is delegating leadership style?delegating leadership style can be regarded as the low task as well as the relationship behavior approach to leadership , it is a leadership style where leader empowers an individual to exercise autonomy.
in this case, The officer position would he excel at , since He is good at overseeing activities and delegating responsibilities is delegating leader.
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When milton friedman said that "inflation is always and everywhere a monetary phenomenon," he meant that?
Inflation is always and everywhere a monetary phenomenon, according to Milton Friedman, in that it is and can only be caused by a more rapid increase in the supply of money than in output. We all understand that government spending objectives are main factor influencing the amount of money in circulation. Inflation is a universal financial phenomenon.
According to the monetarist theory popularized by Milton Friedman, is what primarily determines whether economy experiences inflation or deflation. The argument holds that when it comes to boosting economy or reducing inflation, monetary policy is a considerably more powerful instrument than fiscal policy.
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Suppose the required reserve ratio is 8% and the Fed purchases $10 million worth of Treasury bills from Wells Fargo. What's the maximum possible increase of deposits in the banking system
The answer is $100 million.
The reserve ratio is the percentage of a commercial bank's deposits that it must retain in cash as a reserve in case of large client withdrawals, as determined by the central bank.
The reserve ratio is a significant monetary policy instrument used by the Federal Reserve in the United States to boost or decrease the economy's money supply.
Banks require an RRR of 8% for demand deposits, not for funds received through the selling of treasury bills to the FED, hence Wells Fargo will be free to raise its loans by $100 million.
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A(n) is a legal prohibition of creditors' either initiating or continuing any debt collection action against the debtor or her property.
An automatic stay is the legal prohibition of creditors' either initiating or continuing any debt collection action against the debtor or her property.
What is an automatic stay?This is known as an immediate automatic stay that is used when filing for bankruptcy protects a debtor.
In the United states, this is a provision that temporarily prevents the creditors, collection agencies, government entities etc from pursuing debtors for money that they owe.
Hence, it is the legal prohibition of creditors' either initiating or continuing any debt collection action against the debtor or her property.
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. Suppose you're writing a speech that tells a personal story and then explains what the experience means to you. Which organizational pattern should you use to craft the body of the speech
A chronological set of smaller events spatially arranged details that describe a scene.
What is Chronological order ?Chronological order is an order of writing the occurrence of events from first to last. Thus, it can become easy to understand the possibility that occurs in the first and final times. It is the easiest way to represent the oldest thing to the new one. Thus, it is usually an arrangement of time from past to present.
The writer writes the book in the sequence of events, with the respect of time, from older to the new one. Therefore, when you read these books, set them in chronological order from old edition to new. Stick with chronological it is easy to understand the cause and effect of anything. Chronological order is a scientific ordering of events by time.
We can also take a chronological example of writing an essay, stories, movies, dramas, TV shows, debut, Matches, and many events in life. Here we discuss the chronological order of Tom Cruise movies from the beginning of their career to the present age.
1981: Endless Love1983: The Outsiders1985: Legend1986: Top Gun1988: Cocktail1989: Born on the fourth of July1990: Days of Thunder1992: Far and away1994: Interview with the vampire2000: Mission Impossible 22005: War of the worldTherefore, we can conclude that the correct option is C.
Your question is incomplete, but most probably your full question was:
Suppose you're writing a speech that tells a personal story and then explains what the experience means to you. Which organizational pattern should you use to craft the body of the speech?
A. a generalization following by specific examples
B. sections that alternate between comparing and contrasting
C. a chronological set of smaller events
D. spatially arranged details that describe a scene
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