TRUE OR ALSE When firms in a purely competitive industry are earning profits that are greater than normal, the supply of the product will tend to decrease in the long run.

Answers

Answer 1

The statement above is false. It is because in the purely competitive industry, the supply of product will increase to fulfill the community needs.

In economic and business, A purely competitive market generally can be defined as a marketing situation in which there are a large number of sellers of a product which cannot be differentiated. The condition that happen in the purely competitive market is no one firm has a significant influence on price. There are several situation that can make purely competitive happen, there are many sellers, there is easy entry and exiting of firms, products are identical from one seller to another, and sellers are price takers.

Here you can learn more about purely competitive https://brainly.com/question/27964712

#SPJ4


Related Questions

a management evaluation survey given to all employees would be an example of what direction of communciation ?
group of answer choices a. none of these b. downwark c. upward d. horizontal

Answers

Downward, Evaluation management involves preparing and implementing evaluations. It links essential evaluation points to strategy and operational work.

An employee performance review is a meeting between the employee's management and the employee to discuss the employee's strengths and areas for improvement, as well as to provide constructive criticism and guidance in the form of goal-setting.

In most workplaces, workers can expect to have some time each week to meet with their supervisor and discuss any concerns or suggestions they may have.

Appraisals conducted by managers are designed to boost morale and productivity. To determine whether or not the employee should receive a merit-based increase in pay, promotion, or other awards, the reviewer can consult the evaluation.

To know more about the direction of communication:

https://brainly.com/question/4558090

#SPJ4

Which of the following statement about trust in businesses and business executives in the early twenty-first century is true?

Answers

Option d) "Americans have historic low rates of trust of both businesses and business executives" is the true one.

There have been studies and surveys that indicate a decline in trust in businesses and business leaders in recent years. This can be due to various factors such as financial crises, corporate scandals, and a growing awareness of the negative impact of business practices on society and the environment. Trust in businesses may be affected by the company's reputation, transparency, and how they handle public relations.

Trust in business leaders may depend on the CEO’s leadership style and the company’s performance.

Complete question:

Which of the following statements about trust in businesses and business executives in the early twenty-first century is true?

a) The U.S. population is evenly divided between those who trust businesses and those who do not.

b) Most Americans still believe businesses and business executives are honest and ethical.

c)Most Americans still trust businesses but not the individual executives who run them.

d)Americans have historic low rates of trust of both businesses and business executives.

Read more about Trust in business:

https://brainly.com/question/13457976

#SPJ4

Barnes company purchased $94,000 of 10.0% bonds at par. the bonds mature in six years and are classified as a held-to-maturity security. which of the following is the correct journal entry to record the receipt of the semiannual interest payment?
Multiple Choice a. debit Cash, $9.400; credit Unrealized Gein--Equity, $9.400 b. debit Cash, $4.700 credit Long-Term Investments -HTM $4700 c. debit Cash $4.700. credit Interest Revenue. $4700 d. debit Unrealized Gain-Equity $4.700; credit cash $4.700. e. debit Cash, $9.400; credit Long-Term Investments-HTM, $9.400.

Answers

The right journal entry to document the semi-annual interest payment receipt is $3140.

A journal entry is the act of recording any transaction, whether one that is commercial or not. An accounting diary that displays the debit and credit balances of a corporation lists transactions. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.

Given that,

Value of bonds purchased = $62,000

Interest rate = 11 percent

Bonds are issued at par.

Interest Amount = Value of bonds purchased × (Interest rate ÷ 2)

= $62,000 × (11% ÷ 2) = $62,000 × 5.5%  = $3,410

Therefore, the journal entry is as follows:

Cash A/c Dr. $3,410

To interest revenue A/c= $3,410

(To record the receipt of the usual semiannual interest payment) )

Divide 2% of the $1,000 par value, or $20, by two to determine the semi-annual bond payment. As a result, the bond yields $10 every two years. $10 divided by $900 yields a 1.1% semi-annual bond yield.

For more questions on Journal Entri

https://brainly.com/question/14279491

#SPJ4

A typical roulette wheel used in a casino has 38 slots that are numbered 1,2,3....,36,0,00, respectively. The 0 and 00 slots are colored green. Half of the remaining slots are red and half are black. Also half of the integers between 1 and 36 inclusive are odd, half are even, and 0 and 00 are defined to be neither odd nor even, A ball is rolled around the wheel and ends up in one of the slots; we assume each slot has equal probability of 1/38 and we are interested in the number of the slot in whcih the ball falls.
(a) Define the outcome space O.
(b) Let A = {0,00}. Give the value of P(A).
(c) Let B = {14,15,17,18}. Give the value of P(B).
(d) Let D = {x : x is odd}. Give the value of P(D).

Answers

D is thought to have 18 elements, all of which are odd values between 1 and 36 dollars.

How is probability determined?Probability, in its simplest form, gauges the likelihood that something will happen. When we are unsure of how an event will turn out, we might talk about the likelihood of different outcomes. The study of events susceptible to probability is known as statistics. Probability is the possibility that something will occur. Probability is calculated by dividing the total number of outcomes by the number of potential outcomes.A probability is a numerical expression of the likelihood or possibility that a certain event will occur. Probabilities can be expressed as percentages with a 0% to 100% range or as proportions with a 0 to 1 range.

Results space All potential results are:

⇒ O = 1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,

17,18,19,20,21,22,23,24,25,26,27,28,

29,30,31,32,33,34,35,36,0,00

For point b:

[tex]$\rightarrow P(A)=\frac{\text { \# of outcomes in } A}{\text { \# Total outcomes }}=\frac{2}{38}=0.052[/tex]

For point c:

[tex]$\rightarrow P(B)=\frac{\text { \# of outcomes in } \mathrm{B}}{\text { \# Total outcomes }}=\frac{4}{38}=0.105[/tex]

$$

For point d:

D is thought to have 18 elements, all of which are odd values between 1 and 36 dollars.

[tex]$\rightarrow P(D)=\frac{\text { \# of outcomes in } \mathrm{D}}{\text { \# Total outcomes }}=\frac{18}{38}=0.473[/tex]

To learn more about probability, refer to:

https://brainly.com/question/29109851

#SPJ4

Which of the following is not required on the cover pages of sec filings for traded securities? O a the exchange on which each class of security is traded.

Answers

The exchange on which each class of security is traded is not required on the cover pages of SEC filings for traded securities.

Companies will be required to disclose on the cover page the national exchange or principal S. market, trading symbol, and title of each class of securities registered under Section 12 of the Exchange Act.

What is SEC

U.S. The Securities and Exchange Commission (SEC) is an independent United States agency whose job is to protect investors from fraud, maintain the efficiency of securities markets, and help facilitate capital formation.

In general, shares that wish to be sold to the public, be it in the state or federal United States, must be registered with the SEC before being officially released. Likewise, financial companies, such as brokerage firms or asset management companies must first be registered with the SEC before officially offering their services to the public.

Learn more about SEC at https://brainly.com/question/9089676.

#SPJ4

bridge builders company examined its factory overhead account at the end of the year and discovered a credit balance of $2,000. the journal entry to close this account includes which of the following?

Answers

The journal entry to close this account includes credit to cost of goods sold. In order to prove that assets have been sold and their expenses have been transferred to COGS.

Purchases and inventory accounts should be credited when producing a journal entry (one account is debited, and one or more other accounts are credited to balance the entry). Debits will increase and credits will decrease the COGS Expense account. As a result, when supplies are bought, credit the Purchases account to show the amount spent, debit the COGS Expense account to show an increase, and finally credit the Inventory account to raise it.

The above mention que is incomplete their option are

a. Credit to Cost of Goods Sold

b. Debit: Factory Overhead

c. Overhead has been underapplied

d. Credit: Factory Wages Payable

To learn more about accounts, click here.

https://brainly.com/question/22917325

#SPJ4

FILL IN THE BLANK Darvashi Delivery Co. owns three delivery vehicles, and a small building and land where vehicles are stored. These items are known as Devarshi Delivery Co.'s _______.

Answers

Three delivery cars, a small building, and land are all owned by Darvashi Delivery Co. The assets of Devarshi Delivery Co. are those things.

An asset is something that a person, company, or country owns or controls that has economic value with the intention of using it in the future. An organization's balance sheet lists its assets. They are separated into four groups: current, financial, fixed, and tangible.

They are acquired or produced in order to raise a company's value or improve the operations of the company. Whether it's manufacturing equipment or a patent, an asset can be viewed as anything that, in the future, can generate cash flow, lower expenses, or increase sales.

To learn more about Assets, visit the link below:

brainly.com/question/30038146

#SPJ4

suppose you are going to a film festival. the admission price for the festival is $20. upon entry, you can view films for a cost of $1 each. the marginal cost of the fifth film is __________

Answers

suppose you are going to a film festival. the admission price for the festival is $20. upon entry, you can view films for a cost of $1 each. the marginal cost of the fifth film is $1.

The marginal cost of the fifth film is $1, as the cost of each film viewed at the festival is a fixed price of $1. This means that the cost of viewing an additional film does not change, regardless of how many films have been viewed prior to it.

The marginal cost is different from the average cost, which would take into account the total cost of viewing all films and divide it by the number of films viewed. In this case, the average cost would decrease as more films are viewed, but the marginal cost would remain constant at $1. It is important to note that the marginal cost does not include the initial admission fee of $20 to enter the festival.

To learn more about marginal cost visit: https://brainly.com/question/17230008

#SPJ4

these financial instruments are u.s. dollar deposits outside the united states that earn interest over a certain time period. risk associated with these deposits depends on the risk of the issuing bank.

Answers

Eurodollar time deposits. financial instruments are u.s. dollar deposits outside the united states that earn interest over a certain time period. risk associated with these deposits depends on the risk of the issuing bank.

There are two sorts of financial instruments: cash instruments and derivative instruments. Financial instruments may also be classified into asset classes based on whether they are debt-based or equity-based. Foreign exchange instruments are a third and distinct form of financial instrument. Accounts on the income statement are classified as either revenue or cost. In a standard income statement, revenue, costs, and net income are presented in either a simple or multi-step manner. The multi-step income statement distinguishes between company operations and other activities like investing. Cheques, bonds, and securities are basic types of financial instruments. Financial instruments are classified into three types: cash instruments, derivative instruments, and foreign exchange instruments.

learn more about financial  here:

https://brainly.com/question/29641948

#SPJ4

Well managed businesses scan the ____ environment for opportunities to compete effectively, which in turn creates jobs

Answers

Employers are created when well-run companies look for ways to compete successfully in the global market.

As part of the environmental scanning process, the internal and external environments of a firm are surveyed. Environmental scanning's primary objective is to spot possibilities and dangers while assisting management in deciding the organization's future route.

Executives of a company can stay informed of market changes with the aid of an environmental scan. A leader that is capable of critical thought and awareness will respond to situations that have an impact on their business and take advantage of the chances they bring in order to produce positive results.

To know more about environmental Scanning,

https://brainly.com/question/28609282

#SPJ4

determine whether each description best refers to a sole proprietorship, partnership, corporation, or limited liability company (llc).

Answers

A sole proprietorship has one owner who is personally liable for the whole business. A partnership is formed when two or more people pool their resources for a business and share profits and losses.

A company is regarded a legal entity distinct from its stockholders. A solo proprietorship is run by a single person. They are in charge of all business activities. It is one of the simplest company structures. Except in specific cases, you are not required to file any paperwork. A corporation is owned by shareholders but is a separate legal entity from the owners.A sole proprietorship has one owner who is personally liable for the whole business. A partnership is formed when two or more people pool their resources for a business and share profits and losses.is owned by shareholders but is a separate legal entity from the owners. Corporations, unlike single proprietors, partnerships, and LLCs, pay income tax on their profits.me tax on their profits.

learn more about proprietorship  here:

https://brainly.com/question/14555007

#SPJ4

Calculate Tenant A's recovery amount using the following assumptions: Recovery Structure: Net Tenant A Size: 2,500 SF Building Area: 50,000 SF Operating Expense Total: $100,000 a. $125 b. $2,500 c. $5,000 d. $50,000

Answers

Net Tenant A Size: 2,500 SF Building Area: 50,000 SF. The recovery amount for Tenant A/ Operating Expense would be $2,500.

On the balance sheet, where are operating expenses?

On a company's balance sheet, operating expenses are listed under the liability section. The costs essential to run a firm, known as operating expenses, include paying employees' wages, maintaining buildings and utilities, purchasing supplies and equipment, and conducting marketing campaigns. Most of the time, a significant amount of a company's overall expenses are reported in its income statement as operating expenses. The recovery amount for Tenant A would be $2,500 when calculated as follows: The size of Tenant A (2,500 SF) multiplied by the building's total square footage (50,000 SF) and the sum of its operating expenses ($100,000) is $2,500.

To know more about Operating Expenses visit:

brainly.com/question/15080057

#SPJ4

Answer the question based on the given supply and demand data for wheat. Equilibrium price in this market is Multiple Choice A. $4. B. $5. C. $3. D. $2.

Answers

Equilibrium price in this market is $5 for the given data based on the given supply and demand data for wheat.

A commodity or service's equilibrium price (EP) is the point at which supply and demand are equal. When supply and demand, for example, are balanced and there are no outside effects, there is what economists refer to as an economic equilibrium. In this condition, the values of the economic variables remain constant. The quantity of the good that buyers and sellers are both willing to purchase is equal at the equilibrium price, meaning that neither a shortage nor a surplus exists. The only price at which consumer and producer plans can be reconciled is the equilibrium price, which occurs when the quantity of a good that consumers want to purchase and the quantity of a good that producers want to sell are equal.

learn more about equilibrium price here

https://brainly.com/question/30329544

#SPJ4

a national fast-food chain that meets local demand by offering one type of food in one part of the country and an entirely different menu item in another part of the country is an example of catering to

Answers

A national fast-food chain that meets local demand by offering one type of food in one part of the country and an entirely different menu item in another part of the country is an example of catering to Regional culture.

How would you define regional culture?

The environment as a whole, as well as the cultural activities carried out there, are produced and encouraged by the locals and reflect the ethnic, linguistic, historical, and cultural traditions of the region.

                     This environment also provides the foundation for the growth of culture. Clan culture, adhocracy culture, market culture, and hierarchical culture were the four forms of culture they recognized.

What are the two primary cultural categories?

Values, beliefs, symbols, and a society's language make up the first category of culture, which is referred to as nonmaterial culture.

                          The second type, referred to as material culture, is made up of all the society's tangible items, such as its clothing, tools and technology, eating utensils, and modes of transportation.

Learn more about  Regional culture

brainly.com/question/13960184

#SPJ4

Kao Corp., a deodorant manufacturer, invited teenage girls to make an ad that would encourage other girls to buy the product. This program is an example of _____________.
A. consumer-generated marketing
B. societal marketing
C. partner relationship management
D. the selling concept
E. the production concept

Answers

(A) consumer-generated marketing Kao Corp adeodorant manufacturer, invited teenage girls to make an ad that would encourage other girls to buy the product.

our state's department of education has budgeted a significant amount of money for a radio, print, television, and online advertising campaign emphasizing.When FedEx customers weigh these benefits against the monetary cost of using FedEx along with other costs of using the service, they are acting upon customer perceived value.product concept marketing management concepts is most likely to lead to marketing myopia.iRobot invites enthusiastic Roomba owners to develop and share their own uses for the company's robotic vacuum cleaner situations has specifically indicates total combined customer lifetime value of all of the company's current and potential customers.Marketing is defined as a social and managerial process by which individuals and organizations obtain what they need and want through value creation and exchange.market offering A is some combination of products,services, A catalog retailer has identified African-American professionals between the ages of thirty-five and forty-five as the group of customers within the larger market that is a potential marketfor its products. The retailer plans to direct its marketing efforts toward this group of consumers.An organic farmer has identified three distinct groups who might be interested in hisproducts vegetarians, people.

To learn more about deodorant please click on below link.

https://brainly.com/question/28357692.

#SPJ4

The program described, in which Kao Corp. invited teenage girls to make an ad to encourage other girls to buy the product, is an example of consumer-generated marketing.

Consumer-generated marketing is a form of marketing in which consumers, rather than the company, create and share content about a product or service. In this case, the teenage girls are creating the ad content, with the goal of encouraging other girls to buy the product. This is different from societal marketing, which focuses on creating long-term benefits for both the company and society as a whole, partner relationship management, which is focused on maintaining and improving relationships with partners or suppliers, the selling concept, which is focused on aggressively promoting and selling a product, and the production concept, which emphasizes producing and distributing a product at the lowest possible cost.

Learn more about societal marketing here:

https://brainly.com/question/29894044

#SPJ4

this level of organization consists of groups of similar looking cells with its surrounding material working together to perform a function: ________.

Answers

The tissue level of organization consists of a group of cells that work together to accomplish one or more specific functions.

What is the level of the organization?

The literature typically refers to the atomic, molecular, cellular, tissue, organ, organismal, group, population, community, ecosystem, landscape, and biosphere levels of the organization, with things at higher levels being composed of things at lower levels. Levels of the organization are structures in nature that are typically defined by part-whole relationships.

We can better understand the complexity of living things' structure and functioning by studying the various layers of organization inside them scientifically. Every single organism on Earth, from the smallest to the greatest, adheres to this rule. a level below that. Business hierarchy, also known as the level of organization in a company, varies depending on the size and business model, but every firm has some sort of hierarchy framework.

To learn more about business hierarchy, visit:

https://brainly.com/question/28333064

#SPJ4

economies of scale are a barrier to entry because: [see pp.70-71] group of answer choices new entrants are positioned at the top of their learning curve new entrants are uncertain about their future costs which discourages then from making investments new entrants face a risk of retaliation from the incumbents whose large scale of operation allows them to flood the market new entrants face high unit costs either because they enter at sub-optimal scale, or they make a large-scale entry that initially operates with substantial excess capacity

Answers

Due to their entry at an unfavorable scale or their large-scale entry that initially runs with a significant excess capacity, new entrants must bear high unit costs.

What is meant by excess capacity?A firm producing at a lower scale of output than it was intended for is said to have excess capacity. It exists when the marginal cost is lower than the average cost and there is still room for average (unit) cost reduction through increased production of goods and services. Jobs are lost and resources are wasted if a corporation must shut down a plant due to having too much capacity. If the business is unable to cover the high fixed costs connected with production, a corporation with significant surplus capacity may suffer significant financial losses. A company that produces at less than optimal or ideal capacity, primarily due to decreased demand, is said to have excess capacity.

To learn more about excess capacity, refer to:

https://brainly.com/question/9751722

#SPJ4

Financial Instrument Description Issued by nonfederal government entities, these financial instruments are debt securities that fund their capital expenditures. They are exempt from most taxes imposed in the area where the securities are issued. Issued by money-centered financial firms, these short-or medium-term insured debt instruments pay higher interest than a regular savings account. They are low-risk instruments and have low returns. These financial instruments are U.S. dollar deposits outside the United States that earn interest over a certain time period. Risk associated with these deposits depends on the risk of the issuing bank. Issued by corporations, these financial instruments fund their long-term financing requirements. Which of the following are money market instruments? Check all that apply. Commercial paper Common stocks O Treasury bills Eurodollar time deposits Long-term bank loans

Answers

Commercial paper Common stocks and Treasury bills are money market instruments. Bank accounts, including term certificates of deposit, interbank loans (loans between banks).

Money market mutual funds, commercial paper, Treasury bills, and securities lending and repurchase agreements are all included in money markets. The most significant parts of the Indian money market among them are Treasury Bills and call and short-notice money. In certain areas of the money market, accounts, financial institutions (FIs), and primary dealers (PDs) dominate. To meet its short-term obligations, the Indian Government issues Treasury Bills, or T-Bills. In India, they are regarded as the safest money market securities.

To learn more about money market, click here.

https://brainly.com/question/24029977

#SPJ4

FILL IN THE BLANK questions regarding the delivery of products, how much inventory to carry, and which suppliers to use are all part of the blank __________element of the marketing mix.

Answers

Regarding the delivery of products, how much inventory to carry, and which suppliers to use are all part of the place element of the marketing mix.

What is marketing mix?

A foundational business model known as the "marketing mix" historically focused on the four Ps of product, price, location, and promotion (also known as the "4 Ps"). The term "collection of marketing instruments that the firm utilizes to accomplish its marketing objectives in the target market" refers to the marketing mix.

Early in the twenty-first century, marketing theory first appeared. The modern marketing mix was initially published in 1984 and has since evolved into the framework for all marketing management choices. An extended marketing mix is employed in the services industry. It often consists of 7 Ps (product, price, promotion, location, packaging, positioning, and people), which are the basic 4 Ps plus process, people, and tangible evidence.  The eight Ps (product, pricing, location, promotion, people, positioning, and packaging) are sometimes used by service marketers.

Learn more about marketing mix at:

https://brainly.com/question/859394

#SPJ1

Don, president of Pioneer Graphics, is highly respected for his ability to analyze and interpret trends in the rapidly changing graphics industry. Don has effective___ skills.

Answers

Don, the president of Pioneer Graphics, is well-known for his aptitude for identifying and interpreting trends in the graphics sector, which is undergoing rapid change. Don possesses strong technical abilities.

What is graphic design?

To communicate a concept or idea, graphic designers often combine text and graphics. Advertising, print manufacturing, corporate identity/branding, web design, and other activities are all part of the graphic design sector.Aside from other visual means of communication, graphic designers also create logos, posters, bulletins, pamphlets, and signage.To convey ideas or messages that affect our perceptions, graphic design employs textual and visual components like typography, photography, iconography, and illustration. With the objective of assisting the producer in connecting with their target consumer through these visual and linguistic clues, it is most frequently used for initiatives, events, campaigns, or products.Two key purposes of graphic design may be identified: maximizing usability through aesthetics and influencing consumers' emotions through imagery.

To learn more about graphic sector refer to:

https://brainly.com/question/7162811

#SPJ4

prepare an income statement for rex manufacturing for the year ended december 31 using the following information. hint: not all information given is needed for the solution. finished goods inventory, ending $ 16,900 general and administrative expenses 14,900 accounts receivable 18,900 finished goods inventory, beginning 19,900 cost of goods manufactured 40,900 selling expenses 12,900 cash 55,900 land 28,900 sales 93,800 equipment 1,900

Answers

The preparation of the income statement for the year ended December 31 is as follows:

What is an income statement?

The income statement is one of the three essential financial statements that summarize a company's financial performance over the course of a specific accounting period. The other two crucial statements are the balance sheet and the cash flow statement.

The key subjects of the income statement are the revenue, costs, profits, and losses incurred by a firm over a given time period. An income statement, also known as a profit and loss (P&L) statement or a summary of sales and expenses, provides crucial details about a company's operations, the efficiency of its management, underperforming industries, and its performance in relation to peers in the same sector.

Sales $93,800

Expense for items sold

$20,000 worth of initial finished products inventory

Addition: $41,000 in manufacturing costs

Price of products that are for sale $61,000

Ending finished goods inventory decreased by $16,900.

The $40,900 cost of the sold products

$50,000 in gross margin

fewer: Operating Costs

$14,900 in general and advertising expenses

$13,000 in selling expenses

Operating costs $28,000 in total

$22,000 in operating income

To study more about income statement

brainly.com/question/24498019

#SPJ4

TRUE OR FALSE for an mbo (management by objectives) system to work, one of the four criteria that the unit's objectives must meet is that objectives must be stated quantitatively whenever possible.

Answers

True, The requirement that objectives be articulated quantitatively wherever possible is one of the four criteria that a unit's objectives must satisfy for an MBO (management by objectives) system to function.

Peter Drucker's 1954 book The Practice of Management introduced management by objectives (MBO), also known as management by planning (MBP). The process of setting precise organizational objectives that management can communicate to organization members and then selecting the best course of action to accomplish each target in turn is known as management by objectives. This procedure enables managers to tackle tasks one at a time in order to maintain a tranquil yet productive workplace. Individual goals are aligned with organizational goals in this management system. The evaluation and comparison of an employee's actual performance with the established standards is a crucial component of MBO. When the goal-setting process has included employee input, ideally.

Learn more about management by objectives here

https://brainly.com/question/15084040

#SPJ4

given are the following income elasticities of demand: product income elasticity movies 3.4 dental services 1.0 clothing 0.5 the values indicate that

Answers

Given the following income elasticities of demand:

Product Income Elasticity Dental services +1.0

Movies +3.4

Clothing +0.5

The values indicate that

If the income elasticity coefficient is negative, it means that a 1 percent increase in income will increase the quantity of movies demanded by 3.4 percent.

And the good is inferior so that if income falls, the quantity demanded of the good will rise.

Elastic Demand

Elasticity of demand is a change in price results in a large change in quantity demanded. An example of products with an elastic demand is consumer durables. These are items that are purchased infrequently, like a washing machine or an automobile, and can be postponed if price rises. For example, automobile rebates have been very successful in increasing automobile sales by reducing price.

Close substitutes for a product affect the elasticity of demand. If another product can easily be substituted for your product, consumers will quickly switch to the other product if the price of your product rises or the price of the other product declines. For example, beef, pork and poultry are all meat products. The declining price of poultry in recent years has caused the consumption of poultry to increase, at the expense of beef and pork. So products with close substitutes tend to have elastic demand.

Learn more about elasticity of demand at https://brainly.com/question/23301086?.

#SPJ4

"Each row of the tabular __________ illustrates the maximum amount of a good or a service that can be produced given the production of the other.O production possibilities schedule
O demand schedule
O production possibilities curve
O supply schedule"

Answers

"Each row of the tabular production possibilities schedule illustrates the maximum amount of a good or a service that can be produced given the production of the other so option A is correct.

It's  frequently appertained to as a  product possibilities  wind or PPC. The PPC shows the  colorful combinations of affair that can be produced by a country or a business given its limited  coffers. The  wind  generally  pitches  over to the right. This is because, in general, as  further of one good is produced, smaller of the other can be produced, as  coffers are limited.

The  product possibilities schedule also shows the  occasion cost of producing one good  rather of the other. This means that the  product of one good requires  abstaining  the  product of the other. By looking at the schedule, a decision maker can determine which good will yield the most  profitable benefit.

To know more about  production possibilities schedule visit:

https://brainly.com/question/25981049

#SPJ4

foreign investments fuel growth in a country. however, this investment is based on factors that affect the business environment and increase riskiness, such as macroeconomic policies, political changes, labor issues, tax rates, and regulations. -True - False

Answers

The given statement "foreign investments fuel growth in a country. however, this investment is based on factors that affect the business environment and increase riskiness" is True because  the foreign investors extensive ownership stakes in domestic companies and assets.

The investment is an asset that acquired with the goal of generating income or appreciation. The income investing involves building a portfolio using dividend-paying stocks, bonds, real estate and other assets designed to generate cash on a recurring basis.

The foreign investments fuel growth in a country. However, this investment is depend on the other factor like tax rates, and regulations.

To know more about investment here,

https://brainly.com/question/15353704

#SPJ4

paying property taxes is an example of a/an . group of answer choices conformity cost enterprise cost transaction cost overhead cost

Answers

The property tax is a levy on property that the owner is obligated to pay. It is a tax on the market value of privately owned property, including land, vehicles, business goods, etc.

What is transaction cost?Expenses incurred during market exchange are referred to as transaction costs. Costs associated with establishing market prices and creating and upholding contracts are some examples. Labor, travel expenses, broker fees, bank fees, commissions, etc. are a few examples of typical transaction costs. Diverse business contexts result in different transaction costs, both in type and size. However, these expenses are very important to running a corporation and fostering economic growth.The four basic categories of transaction costs are negotiation costs, opportunity costs, search costs, and policing/enforcement costs, according to theory. The average cost of one transaction is known as the cost per transaction. To figure this out, divide the total number of transactions by the total cost of all transactions.

To learn more about transaction cost, refer to:

https://brainly.com/question/13767005

#SPJ4

learning objective 01-07 identify the objective and qualitative characteristics of financial reporting information and the elements of financial statements. skip to question [the following information applies to the questions displayed below.] the objective of financial reporting is to provide useful financial information to capital providers. the primary decision-specific qualities that make financial information useful are relevance and faithful representation. to be relevant, information must possess predictive value and/or confirmatory value, and all material information should be included. completeness, neutrality, and freedom from error enhance faithful representation. the 10 elements of financial statements are assets, liabilities, equity, investments by owners, distributions to owners, revenues, expenses, gains, losses, and comprehensive income.

Answers

The elements of financial statements are assets, liabilities, equity, investments by owners, distributions to owners, revenues, expenses, gains, losses, and comprehensive income.

What is Financial Reporting?

Financial reporting is the process of providing shareholders, investors, and creditors with financial information about a firm. Financial statements, such as the balance sheet, income statement, and cash flow statement, are frequently used to convey this data. Making judgements regarding the company's financial performance and future prospects requires openness and accountability, which are provided through financial reporting. Companies are often obliged to file financial reports on a regular basis, such as annually or quarterly, and financial reporting is controlled by accounting standards and laws.

To learn more about reporting visit here:

https://brainly.com/question/28458640

#SPJ4

when employees have provided services for which they have not been paid by the financial statement date, the employer must recognize (select all that apply.) multiple select question. compensation expense cash prepaid expense accounts payable an accrued liability

Answers

When employees have provided services for which they have not been paid by the financial statement date, the employer must recognize a compensation expense and accrued liability.

The term compensation expense refers to the total costs and expenses related to personnel's pay and benefits, including but not limited to salary, bonuses, housing reimbursements, etc. The employer is required to record a compensation expense and an accumulated obligation when an employee renders services for which they have not been paid by the date of the financial statement.

The accumulated liability indicates the unpaid sum that the employer owes to the employees, whereas the compensation expense represents the cost of the services rendered by the employees. According to the accrual method of accounting, which mandates recognising expenses as they are incurred rather than as they are paid, this is in accordance.

Read more about compensation expenses on:

https://brainly.com/question/29358060

#SPJ4

Measures percentage of each sales dollar remaining after all costs and expenses including interest, taxes and preferred stock dividends are deducted. The higher the net profit margin the better. NET PROFIT MARGIN = EARNINGS AVAILABLE FOR COMMON STOCKHOLDERS / SALES

Answers

The percentage of each dollar of sales that is left over after all costs and expenses, including as interest, taxes, and dividends on preferred stock, have been subtracted is known as the net profit margin.

Your net profit margin demonstrates what portion of your income is actually profit after all costs are subtracted. This figure displays how successfully your company converts revenue into profit. For instance, if a company's net profit margin is 20%, it keeps $0.20 out of every dollar of sales revenue. A sense of a company's financial stability can be obtained by analysts using this ratio. A 10% net profit margin is considered normal, a 20% profit margin is considered good, and a 5% profit margin is considered bad. A company's capacity to manage costs and sell goods for prices above costs is demonstrated by a bigger net profit margin.

Learn more about net profit margin here

https://brainly.com/question/28390615

#SPJ4

The​ ________ measures the percentage of each sales dollar remaining after all costs and​ expenses, including​ interest, taxes, and preferred stock​ dividends, have been deducted.

Based on the following company statements, which company is most likely to be in the marketing company era?

Answers

Company A: “We are focused on creating innovative products and services that meet customer needs. We use data-driven insights to inform our decisions and develop strategies that will help us reach our goals.”

Company A is most likely to be in the marketing company era. This is because they are focused on creating innovative products and services that meet customer needs, and they are using data-driven insights to inform their decisions and develop strategies. This indicates that they are taking a customer-centric approach to their business, which is a hallmark of the marketing company era. Additionally, they are using data-driven insights to inform their decisions, which is another key characteristic of the marketing company era.

Learn more about customer needs here

https://brainly.com/question/14972059

#SPJ4

Other Questions
Janie wants to save 125,000 dollars over the next 8 years how much would she need to save each month to reach that goal? Chris is photographing a ladybird in his garden and he wants a shallow depth of field for his shot. What type of f-stop setting should he use? What is a cause and effect relationship that takes place in theArticle?A. Because her anxiety disorder made her too afraid to fly,Claire Taylor declined to go on a trip to Spain with friends.B. Margaret Pisacano, who has been diagnosed with ananxiety disorder, does not know when a panic attack isabout to strike because the symptoms are SO mild.C. Dr. Elena Mikalsen, from the Children's Hospital of SanAntonio, says anxiety disorder has become an epidemicbecause of how it spreads from one teento another.D. Because amental health professional has taught hercoping skills, Alexandra West-is now free of all forms ofanxiety For each of the following research questions, determine whether an observational study, an experiment, or neither should be used to answer the question. Note - each term on the right may be used more than once or not at all. [Choose] chose What proportion of all college students in the United States have taken classes at a community college? Does an accelerated math program increase the success rates in transfer-level math? [Choose [Choose Are pregnant women who do not visit the doctor in the first trimester of their pregnancy more likely to have a low weight baby? Does oxidation of LDL cholesterol restrict the development of new neurons in the brain? Please answer with a correct answer which of the following are reasons why you should take such actions such as smiling, using hand gestures, and sitting up straight during business phone calls even though the other caller cannot see you? (choose every correct answer.) This question is from APUSH Topic 8.6." Seeking to fulfill reconstruction-era promises, civil rights activists and political leaders achieved some legal and political successes in ending segragation, although progress toward racial equity was slow." For any confusion we are supposed to like write what happened what events happened during that or something. identify one similarity and one difference between the uses and effects of the roman roads vs. the indian ocean trade network. which of the following are true about our earliest archaeological evidence for occupation in rome? jeremy invented a portable blood pressure machine that has generated some interest from major medical supply retailers. before he agrees to work with the retailers, he wants to protect his invention so it is his sole property to manufacture and sell. what does jeremy need to help him do this? a school group sells gift cards and gift wrap for a fundraiser. twenty cards and forty gift wraps sell for $160. ten cards and thirty gift wraps sell for $110. how much does each gift wrap cost The frequency of waves from a radio station is 15 megacycles per second. Calculate their wavelength. Please help!! True or False: Today, it is difficult to define economies in terms of national borders. geometry i suck please help me please Find m real options are an important tool for thinking about strategic decisions under uncertainty, however, quantitative techniques designed to value financial options (e.g. the black-scholes option pricing model) cannot be applied to real options. [see p.57] Which of the following sources for a research assignment on the 1968 Democratic National Convention would be considered secondary? A poster from the convention.A book of nonfiction published in 2014 exploring the legacy of the events.Photographs of the protests at the Convention.An interview with one of the convention delegates. Identify the ways in which public speaking differs from everyday conversation (Check all that apply)a. Public speaking uses more formal language than everyday conversationb. Public speaking uses slang and jargon frequentlyc. Public speaking is more highly structuredd. Public speaking usually requires speakers to engage in distracting mannerisms and verbal habits Which of the following switch features allows for both incoming and outgoing data across physical ports at the same time?A. Burst-frameB. Full-duplexC. Half-duplexD. VoIP what did the treaty of guadalupe hidalgo accomplish? a. it ended the war between the us and france. b. it ended the war between the us and mexico. c. When was beah first ""touched by war""? a. january 1993 b. at the age of 11 1991 c. during the sierra d. leone independence