Peak demand regularly exceeds capacity in all of the following service businesses except D. insurance companies.
Hotels, public transportation systems, restaurants, and tax accountants all have limited capacity to serve customers at any given time. For example, hotels have a limited number of rooms, restaurants have a limited number of tables, and tax accountants have a limited number of hours in a day. When demand for their services exceeds this capacity, it can lead to long wait times, crowded spaces, and decreased customer satisfaction.
However, insurance companies do not have this same capacity issue. can able to handle a large volume of claims and customer inquiries without experiencing the same constraints on resources as the other service businesses. This is because insurance companies do not have a physical product or space that limits their ability to serve customers.
In summary, while peak demand regularly exceeds capacity in hotels, public transportation systems, restaurants, and tax accountants, insurance companies are not limited in the same way can able to handle high levels of demand without experiencing the same capacity issues.
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The value of the marginal product is equal to the marginal revenue product under perfect competition in the product market because:
The value of the marginal product is equal to the marginal revenue product under perfect competition in the product market because: the firm in perfect competition is a price taker.
What is the perfect competition?Perfect competition is the term that is used to refer to the type of competition that exists where there is perfect information in the market. In this market structure the monopoly does not exist.
There is free entry and there are no forms of barriers. Everyone has opportunity and the prices are not in the hands of the people that are selling or those that are buying. Hence we would have marginal product is equal to the marginal revenue product
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When marketers develop nonphysical aspects of an offering by adding warranties, financing, and after-sales service, they are focusing on the.
When marketers develop nonphysical aspects of an offering by adding warranties, financing, and after-sales service, they are focusing on the augmented product.
An augmented product is what?In order to set an augmented product apart from similar products supplied by competitors, its seller may often add new features or services. A product can be enhanced by adding extra features or benefits that are not directly related to the product itself.
Free delivery or in-home service installation is just a couple of the features that may be added to items to make them more useful. To complement their products, cosmetics companies frequently provide free makeovers and sample sizes.
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You vividly remember where you were when you heard about the Boston Marathon bombing, a very traumatic experience. What you remember is a(n) ________ memory.
You vividly remember where you were when you heard about the Boston Marathon bombing, a very traumatic experience. What you remember is a(n) flashbulb memory.
What is a flashbulb memory?This is the term that is used to refer to the type of memory that is accurate and also vivid in nature.
This is the answer here because the memory is vivid and the person still knows all that transpired on that day.
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If a group of competitors got together and pulled all their ads from a certain advertising vendor in an attempt to force the vendor to lower his rates that would be considered an offense under _______.
If a group of competitors got together and pulled all their ads from a certain advertising vendor in an attempt to force the vendor to lower his rates that would be considered an offense under boycotting.
Practices like setting pricing, manipulating contract bids, and dividing up customers among companies that ought to be competing for them are all considered violations of the Sherman Antitrust Act. These infractions are crimes. As a result, they risk receiving severe penalties or lengthy prison terms.Price fixing is an antitrust offense per se. Usually, but not always, real estate brokers charge for their services as a percentage of the sales price, or "commission." In addition, they often give a publicly disclosed portion of that commission to a broker who brings in a customer.
What is an antitrust violation central element?
The main components of an antitrust violation are a contract, a conspiracy between or among competitors to unreasonably impede commerce, or a combination of these, even though antitrust can and does take several forms in real estate.
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You run a stop sign and hit another vehicle. Which type of insurance will pay for the repair of your vehicle
You run a stop sign and hit another vehicle. Collisions are the type of that insurance will pay for the repair of your vehicle
This is further explained below.
What is collision insurance?Generally, Collision insurance is a kind of coverage that may assist pay for the repair or replacement of your vehicle in the event that it is damaged in an accident with another vehicle or object, such as a tree or a fence. When you lease or finance a vehicle, the lender will almost always demand you to have collision coverage on the vehicle.
In conclusion, You blow through a stop sign and collide with another car. Your auto insurance company will pay for the repairs to your car if it was damaged in a collision.
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Taxes on employee wages to fund Social Security apply to all earnings up to ________. Group of answer choices $63,700 $46,500 $117,000 $128,400
Taxes on employee wages to fund Social Security applies to all earnings up to $117,000.
In 2022, if you work, approximately 85 cents of Social Security taxes will go to a trust fund to provide monthly benefits to current retirees and their families, as well as spouses and children of deceased workers. be paid.
Employer will give Social Security a copy of her W-2 Income Statement when giving a copy of the income tax return. Keep track of your earnings with these employer reports
In addition to hospitalization and medical benefits, most employers offer group life insurance. Employees typically get lower rates on group plans. Group plans also typically accept all employees, including new hires and non-probationary employees, regardless of health or physical condition.
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1. You are a small employer wishing to establish a benefits program for your employees. What things should you consider to ensure that the program is a success for your employees?
The program is considered to be success when it is implemented properly.
Employee benefit programs include health and life insurance, preventative doctor care, and the free health checkups, all of which aid employees in maintaining excellent health and fostering wellbeing. These benefits increase employee satisfaction with your company.
Employers have a significant and costly challenge in managing employee benefits. While most companies are required to give mandated benefits such as Social Security payments, worker's compensation insurance, and unemployment insurance, the majority of other benefits are optional and selected by the company.
Therefore, the answer is proper implementation.
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Demand deposits are included in?
Answer:
savings accounts or checking accounts
In the Circular Flow example, some Households have Labor (and possibly other) resources which are ______________ and, therefore, they receive fewer Goods and Services in a Market based economy.
In the Circular Flow example, some Households have Labor (and possibly other) resources that are under-employed and, therefore, receive fewer Goods and Services in a Market-based economy.
A circular flow model is a diagram that is used to represent monetary transactions in an economy. It shows how money, goods, and resources move through a market economy.
The circular flow is the exchange of money between firms and households.
The main factors in the circular flow of economic activity are households (or individuals), firms, and the government.
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The adjusting entry for accrued expenses includes:________
a. a credit to an asset account.
b. a credit to an expense account.
c. a debit to an expense account.
d. a debit to a liability account.
The adjusting entry for accrued expenses includes a debit to an expense account.
Accrued expenses are defined as costs that have already been paid but have not yet been recorded, requiring adjusting entries and the inclusion of costs like interest, salary, and tax expenses. The fact that the date on which salaries are received may not always coincide with the end of the accounting period necessitates an adjustment.
To record employee earnings that have been earned but not yet paid, an adjustment entry for accrued salaries and expenses is created. It's vital to debit wages expenses and credit salaries payable for this purpose.
Hence, option C is the correct option
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A machine has a cost of $15,000, an estimated residual value of $3,000, and an estimated useful life of four years. The machine is being depreciated on a straight-line basis. At the end of the second year, what amount will be reported for accumulated depreciation?.
The amount reported for accumulated depreciation will be $6000.
What is accumulated depreciation ?
Accumulated depreciation is the entire amount of depreciation expenditure reported on a company's balance sheet for an asset. It is determined by adding the annual depreciation expenditure amounts.
Given:-
cost=$15,000
residual value=$3,000
estimated useful life=4 years
To find:- Amount of depreciation at the end of the second year.
Solution:
[tex]\frac{15,000-3,000}{4}=3000 per year\\3000\cdot2=6000\\[/tex]
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The amount of goods and services people can buy with the money they have is called their:__________.
The amount of goods and services people can buy with the money they have is called the Purchasing power.
The worth of a currency is determined by how many goods or services one unit of that currency can be used to purchase. Inflation may cause it to deteriorate over time. This is due to the fact that you may acquire fewer items or services as a result of increased pricing. A currency's buying power is another name for its purchasing power.
The term "purchasing" or "buying power" in the context of investments refers to the dollar amount of credit that a client has in relation to the marginable securities that are currently in their brokerage account. The Consumer Price Index, which tracks changes in the prices of products and services over a period of months or years, assesses changes in consumer purchasing power.
The Consumer Price Index, which was first published in 1921 and is calculated each month using information gathered by the Bureau of Labor Statistics from the Census Bureau, shows changes in the cost of 400 carefully chosen commodities, ranging from food to housing. The Consumer Price Index, which measures changes in the prices of goods listed on it, offers the most accurate estimation of consumer spending power.
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Nicolas signed an installment agreement to borrow $1,000 for 3 years to be paid back monthly. The cost of the loan is $195.56. What is the APR
Annual percentage rate or APR is a credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate. This is called the annual percentage rate (APR).
Now, According to the Question,
We are Given :-
Amount Financed = $1,000Time = 3 Years, paid back monthlyCost of Loan = $195.56CALCULATION
Finance Charge / Amount Financed =
$195.56 / $1,000 = 19.56
Table factor of 19.56 at 36 periods = 12% APR
Therefore the APR for the borrowed money is 12%
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If the resistance of the resistor in the figure is slowly increased, what is the direction of the current induced in the small circular loop inside the larger loop
If the resistance of the resistor in the figure is slowly increased, the direction of the current induced in the small circular loop inside the larger loop is counter clockwise.
What is the direction of the current?Conventionally, a positive charge would go in the same direction as an electric current. As a result, the battery's positive terminal receives less current in the external circuit than its negative counterpart.Actually, electrons would go in the reverse direction across the cables. This convention may seem a little strange and out of date when one realizes that the real charge carriers in wires are negatively charged electrons.Nevertheless, it is the accepted practice across the globe, and a physics student can quickly get acclimated to it.The average distance covered by a charge carrier in a given amount of time is referred to as drift speed.The distance to time ratio determines an electron's drift speed, which is the same as any other object's speed.A typical electron's travel across a wire could be compared to a chaotic, zigzag path that is characterized by collisions with stationary atoms.Know more about direction of the current https://brainly.com/question/2625601
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Odina signs a covenant not to compete with her employer, penultimate sales corporation. a court decides that the covenant is overly restrictive. the court will likely:________
Odina signs a covenant not to compete with her employer, penultimate sales corporation. a court decides that the covenant is overly restrictive. the court will likely: restrict Odina for only a period of time.
What is a covenant not to compete?
This is the covenant that is made by two parties that would have them or one of them agreeing not to compete with the other in terms of the business that is of interest.
The goal is that the other person would not have to compete with the other in a given area over a certain or a definite time period where the other is carrying out their business.
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Company X agrees to purchase Company Y in a privately negotiated sale. Which provision of the Definitive Agreement would allow Company Y to achieve a higher purchase price
The correct option is (c) Go-shop provision.
After a Decision analysis (DA) has been signed, the target firm is permitted to seek a greater price from another buyer under the "go-shop" clause. In targeted auctions or one-on-one discussions, more prevalent.
What is Go-shop provision?An arrangement known as a "go-shop period" enables a publicly traded company to look for rival bids even after it has previously accepted a solid offer. The initial offer then serves as a starting point for potential superior offers. A go-shop session often lasts between one and two months.
Some features of go-shop provisions are-
During the go-shop phase, the target firm may be able to secure a better bargain for its shareholders.The floor value in an M&A deal with a go-shop period refers to the original acquirer's offer.Due to the paucity of time for potential suitors to research the target company, higher bids seldom surface during a go-shop period.Example: Argo Infrastructure Partners, LP stated that it would buy Corning Natural Gas Holding Corp. A 45-day go-shop period is outlined in the acquisition agreement.To know more about decision-making process, here
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The complete question is -
Company X agrees to purchase Company Y in a privately negotiated sale. Which provision of the Definitive Agreement would allow Company Y to achieve a higher purchase price?
A. White knight clause
B. No-shop provision
C. Go-shop provision
D. Material adverse change clause
If a firm increases its plowback ratio, this will definitely result in _______ p/e ratio.
If a firm increases its plowback ratio, based on this information solely it can not be determined what will happen to the p/e ratio.
The amount of earnings left over after dividend payments are measured by the plowback ratio, a fundamental analysis ratio.
The retention ratio is the most frequent name for it.
The payout ratio, on the other hand, measures the amount of dividends paid out as a percentage of earnings.
The plowback ratio shows how much profit is kept within a company rather than distributed to investors.
Plowback ratios are typically greater in younger companies.
These businesses are more committed to business expansion and are growing more quickly.
Businesses that are more established rely less on reinvested profits to grow.
Companies that do not pay dividends have a ratio of 100%, while those that distribute all of their net income have a ratio of 0%.
Hence, the answer can not be determined based on the given information.
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Sam buys a franchise from Taco Loco Inc. This relationship, like all other franchise relationships, is governed by Group of answer choices the federal Franchise Rule. contract law. applicable state law. all of the choices.
The fact that Sam buys a franchise from Taco Loco Inc means that it is governed by all of the choices.
Which authorities govern franchise deals?As business deals, franchise deals will fall under several levels of government but most especially the state that it occured in.
The federal level will impose the federal franchise rule, and the tenets of contract law will be abided by.
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As parturition nears, the levels of progesterone ______ and the levels of estrogen ______.
a. decrease; increase.b. increase; decrease.c. decrease; decrease.d. increase; increase.
As parturition nears, the levels of progesterone decrease; and the levels of estrogen increase.
Progesterone helps regulate your cycle. But its main job is to prepare the uterus for pregnancy. After ovulation, progesterone thickens the lining of the uterus in preparation for a fertilized egg. . When there are no more fertilized eggs, progesterone levels drop and menstruation begins.
Progesterone is a hormone that stimulates and regulates vital functions, plays a role in maintaining pregnancy, prepares the body for conception, and regulates the monthly menstrual cycle.
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Bella and John are getting married in two months. They pay the company, Wonderful Weddings, to coordinate and plan their wedding. In the context of marketing, this scenario best illustrates a(n)
An exchange in marketing is illustrated when Bella & John pays the company known as Wonderful Weddings to coordinate and plan their wedding.
What is an exchange in marketing?In marketing, this refers to the process whereby an individual or organisation decides to satisfy a need or want by offering some money or goods to the party to satisfy such want or need.
An exchange is normally supposed to produce an utility in the marketing context because it refers to the value of what you trade which is less than the value of what you receive from the trade.
The types of exchange in marketing are:
Restricted Exchanges Generalized ExchangesComplex ExchangesThe concept of an exchange happens, when both parties have to have something of value for each other.
Hence, an exchange in marketing is illustrated when Bella & John pays the company known as Wonderful Weddings to coordinate and plan their wedding.
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Costs, also called differential costs, are the additional costs from selecting a certain course of action.
It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action.
What is differential costs?Differential cost serves as the difference between the cost of alternative decisions.
Therefore, It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action and the cost do take place when a business have several similar options,
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Concerning the six-step process of personal selling, which step is described as: using a referral or calling on a customer without prior notice to determine interest in the product?
Identifying the prospective buyer is the correct answer.
Identifying prospective buyer, establishing contact and a relationship with the buyer, presenting product to the buyer and demonstrating its uses and benefits, convincing customers about the product by efficiently handling objections from customers, negotiating the price and terms of payment, and finally receiving orders are all part of the personal selling process.
It is a series of activities that must be completed in order to successfully obtain an order and begin building long-term buyer relationships. The activities are applicable to all types of selling and can be tailored to most sales situations.
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Bonds Payable has a balance of $900,000 and Premium on Bonds Payable has a balance of $10,000. If the issuing corporation redeems the bonds at 103, what is the amount of gain or loss on redemption
Based on the balance of Bonds Payable and Premium on Bonds, the amount of loss on redemption is $17,000.
How much does the company gain or lose on redemption?The cash the company paid is:
= 900,000 x 103/100
= $927,000
The gain (loss) on redemption is:
= Bond carrying value - Cash paid
= (900,000 + 10,000) - 927,000
= -$17,000
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In a major metropolitan area, one chain of coffee shops has gained a large market share because customers feel its coffee tastes better than that of its competitors.
In this case, buyers view the sellers' products as NOT identical.
What is sellers' products?sellers' products serves the product of a company, that is been branded so as to gain more consumers.
In the case above above even though the product is coffee for both seller , their package and branding is different so therefore, they will attract different numbers of consumers.
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What is the effect on the money supply when you sell your shares of microsoft stock? increase m1 no effect on m1 decrease m1 increase m2 decrease m2
The correct option is (b) No effect on M1. When you sell Microsoft Stock, you will receive cash or transfer of cash from the opposing party.
The total amount of money and other liquid assets in an economy on the measurement date is known as the money supply. Both cash and deposits that can be accessed virtually as easily as cash are roughly included in the money supply.
Through a mix of their central banks and treasuries, governments issue coin and paper money. By imposing reserve holding requirements on banks, dictating how to grant credit, and handling other monetary issues, bank regulators have an impact on the amount of money that is available to the general people.
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Answer:
No effect on M1
Explanation:
In pricing a property, what might expired listings tell the real estate professional?
The price at which a property won't sell.
What are expired listings?
The listing agreement has a specified end date when a homeowner hires an agent to sell a house. When this deadline passes without the house selling and without the owner renewing the listing agreement with the real estate agency, the listing expires. Similar to how potential buyers frequently include offer expiration dates when submitting offers to sellers. The offer "expires" and can no longer be accepted by the seller if the offer expiration date passes before the seller accepts.
These are four methods for obtaining leads from expired listings:
Make Use of the Multiple Listing Service (MLS) to find expired listings Buy Expired ListingsAsk Other Real Estate AgentsAccess public records.Learn more about expired listings with the help of the given link:
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Suppose that a 20% increase in the price of gasoline causes a 5% decrease in the consumption of gasoline and a 30% drop in the sales of SUVs. What can you say about elasticities?
The elasticity of demand for gasoline is inelastic.
The cross price elasticity of gasoline and SUVs is negative.
What is the elasticity of demand and cross price elasticity?Price elasticity of demand measures the responsiveness of quantity demanded to a change in price of the good. Price elasticity of demand is determined by dividing the percentage change in quantity demanded for a good by the price of that good.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity when demand is inelastic would be less than one
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
5% / 20% = 0.25
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B. . Cross price elasticity is used to determine if two goods are substitute goods or complement goods. If cross price elasticity of demand is negative, it means that the goods are complementary goods.
Cross - price elasticity = -30% / 20% =-1.5
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Which of the following is LEAST likely to be considered in establishing the value of a property by the sales comparison approach
The item that is LEAST likely to be considered in establishing the value of a property by the sales comparison approach is capitalization rate.
What is capitalization rate?This is usually associated with real estate, which is the returns on investment or properties hence helps in evaluating a real estate investment. it is the percentage rate of return that a property will produce on the owner's investment.
In other words, capitalized interest refers to interest that is added to some kind of debt and that is included in current balance accounts, as opposed to waiting to figure in the cost of interest.
The capitalization rate are measures, used to estimate and compare the rates of return on multiple commercial real estates, which is calculated as the ratio between the annual rental income produced by a real estate asset to its current market value.
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Adjustment for unearned revenue on august 1, 20y1, newhouse co. received $39,670 for the rent of land for 12 months. journalize the adjusting entry required for unearned rent on december 31, 20y1. round your final answer to the nearest dollar amount. if an amount box does not require an entry, leave it blank
Cash A/c (debit) 39670
To unearned rent A/c (credit) 39670
What is unearned revenue?
Unearned revenue is money that a person or company receives in exchange for a good or service that hasn't yet been provided or performed. It might be considered a "prepayment" for goods or services that a person or company anticipates offering the customer later.
How do you record unearned revenue?
Unearned income should be recorded in your diary as a debit from the cash account and a credit to the unearned income account. This journal entry demonstrates that the company has received payment in cash for a service, but it was obtained on credit as a down payment for upcoming deliveries of goods or delivered services.
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Quick assets (cash, short-term investments, and current receivables) divided by current liabilities is the: Multiple Choice Current liability turnover ratio. Working capital ratio. Current ratio.
The answer is quick ratio.
The current ratio contrasts the total current assets and liabilities of a business.
Analysts evaluate a company's liquidity using two categories from the balance sheet: current assets and quick assets.
The total of a company's cash and equivalents, marketable securities, and accounts receivable—all assets that represent or are readily convertible to cash are referred to as quick assets.
Since inventories are not included, quick assets are seen to be a more cautious indicator of a company's liquidity than current assets.
The quick ratio measures a company's capacity to pay its current liabilities immediately, without having to liquidate inventory or obtain financing.
Hence, Quick assets (cash, short-term investments, and current receivables) divided by current liabilities is the quick ratio.
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