A ______ system allocates resources by the order of someone in authority.
I am trying to understand the Opportunity cost. Can anyone help me please? I can't seem to get Economics, I really need help. You work as an assistant coach on the university swim team and earn $15 per hour. One day, you decide to skip the hour-long practice and, instead, go to the county fair, which has an admission fee of $9.
Prentice company had cash sales of $94,325, credit sales of $83,475, sales returns and allowances of $1,725, and sales discounts of $3,500. prentice's net sales for this period equal:
Final answer:
Prentice company's net sales for this period are calculated by adding cash and credit sales, then subtracting sales returns and allowances, and sales discounts, which results in a net sales figure of $172,575.
Explanation:
To calculate the net sales for Prentice company, we start by adding both cash and credit sales, then subtract the sales returns and allowances, as well as the sales discounts. The formula is: Net Sales = Cash Sales + Credit Sales - Sales Returns and Allowances - Sales Discounts.
Using the provided figures:
Cash Sales: $94,325Credit Sales: $83,475Sales Returns and Allowances: $1,725Sales Discounts: $3,500Net Sales = $94,325 + $83,475 - $1,725 - $3,500
Net Sales = $177,800 - $1,725 - $3,500
Net Sales = $172,575
Therefore, Prentice's net sales for this period are $172,575.
Invertebrates have a (an) ____ which provides a support framework.
As of 2011, about how large was the world's human population, and about how long will it take to add another billion
2. Determining opportunity cost Juanita is deciding whether to buy a dress that she wants, as well as where to buy it. Three stores carry the same dress, but it is more convenient for Juanita to get to some stores than others. For example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $129 for the dress: Store Travel Time Each Way Price of a Dress (Minutes) (Dollars per dress) Local Department Store 15 129 Across Town 30 86 Neighboring City 60 63 Juanita makes $50 an hour
Final answer:
Juanita's decision on where to buy the dress involves calculating both the monetary and time costs to determine the lowest opportunity cost, which is buying it from Across Town.
Explanation:
Juanita must consider both the monetary cost and the time cost associated with purchasing a dress from three different locations. To calculate the opportunity cost, we need to convert Juanita's time into a monetary value using her hourly wage ($50 per hour). Then, we can add this to the cost of the dress to find the total cost for each option.
Local Department Store: 15 minutes each way equals 0.5 hours, so the time cost is 0.5 * $50 = $25. Total cost = $129 + $25 = $154.Across Town: 30 minutes each way equals 1 hour, so the time cost is $50. Total cost = $86 + $50 = $136.Neighboring City: 60 minutes each way equals 2 hours, so the time cost is 2 * $50 = $100. Total cost = $63 + $100 = $163.The option with the lowest total cost is purchasing the dress from Across Town, making it the choice with the least opportunity cost when both time and money are considered. This example demonstrates how considering the opportunity cost in decision-making can lead to different choices than considering only the monetary cost.
how many people lost their jobs when the minimum wage increased from $12 to $18
Through ________, an organization collaborates with customers and other stakeholders to create worth in the new product development process.
Milio is having coffee in a coffee house when he sees jordan, who is the dean of a midwest business school. milio used to teach at jordan's prior school and was considered a very valuable faculty member. they haven't seen each other for years, and jordan has no idea what milio has been doing or where he's currently working. she tells him that she has a position for him if he's interested. the next day milio quits the university he's under contract with and signs a contract with jordan's school. jordan's school can be sued for tortious interference with existing contractual relationship.
Based on the scenario, it is considered to be false. The school of Jordan won’t be sued for tortious interference with existing contractual relationship because it doesn’t even prove that the person involved had intentionally damage one’s contractual or business relationship of which Jordan didn’t even engaged to.
Answer:
False
Explanation:
Tortious interference occurs when a third party intentionally interferes with an existing contractual obligation between involving two parties. Usually the third party's intervention will cause economic injury to one party that is involved in the contract.
In this case, Jordan hadn't seen Milio for several years and met him accidentally at a coffee shop. Since she knew he was a very good teacher, she offered him a job, but she wasn't aware of where Milio worked or even if he was working at all. Jordan did actually interfere with Jordan's current contractual relationship but didn't do it intentionally and she didn't try to cause any harm.
In bst, modeling will have the greatest influence if it occurs:
A no-haggling dealer presents the price of a new car to be accepted or rejected as stated and is called a ___ dealer.
A no-haggling dealer presents the price of a new car to be accepted or rejected as stated, and is called a set price dealer.
What is dealer price?The cost to the Dealer for each Company's Products to which it relates, as established from time to time by the Company, is referred to as the "DEALER PRICE" and does not include any applicable cash or other discounts. It excludes any gives estimates or other holdback deposits or charges, dealer association collections, costs associated with distribution, delivery, or taxes, as well as any other costs associated with specific products or services.
Let's discuss an example on dealer price:
The Company will pay the Dealer an additional 5% of a DEALER PRICE of a qualified GENUINE PARTS and service items so wrapped and boxed, and the Dealer will do so at his own expense.
To know more about Dealer price:
https://brainly.com/question/13185509
#SPJ5
A contract that gives the buyer title to goods and the opportunity to return them to the seller at a later time is a:
A contract that gives the buyer title to goods and the opportunity to return them to the seller at a later time is a contract for sale with the right of return.
What is the right of return and how is it applied?
The right of return is an international law principle that guarantees everyone the right to return or re-enter their country of origin or citizenship. The right of return is related to the legal concept of nationality and is part of the broader human rights concept of freedom of movement.
A customer's right of return frequently entitles him or her to a full or partial refund of the amount paid, or to a credit against the value of previous or destiny purchases. Some return policies only allow for the exchange of one product for another.
Learn more about the right of return here:
https://brainly.com/question/8432097
#SPJ6
The phenomenon where one in every five americans will be elderly.
The phenomenon where one in every five Americans will be elderly is Graying of American
Answer:
Graying of American
Explanation:
When planning an information system, a company must consider how a new system will interface with older systems, which are called _____.?
Directing includes select one:
a. providing a framework for management to have criteria to terminate employees when needed.
b. running a department under quality control standards universally accepted.
c. coordinating a company's diverse activities and human resources to produce a smooth-running operation.
d. developing a complex performance ranking system to give certain high performers go
Which level of scrutiny must affirmative action policies now meet?
The level of scrutiny for affirmative action policies varies based on the jurisdiction and circumstances. In the United States, the Supreme Court has established three levels of scrutiny, which are strict scrutiny, intermediate scrutiny, and rational basis review.
What is affirmative actionAffirmative action is a set of policies and practices aimed at promoting equal opportunity and addressing historical discrimination. It involves taking proactive steps to increase representation and provide fair access to underrepresented or disadvantaged groups. The goal is to create a more inclusive society through measures like outreach programs, targeted recruitment, and preferential treatment.
Affirmative action is a debated topic, with critics raising concerns about reverse discrimination, while supporters argue it is necessary to address systemic inequalities. Implementation varies across countries and institutions.
When race based classifications are involved, strict scrutiny is typically applied. This means the government must show a compelling state interest and prove that the policy is narrowly tailored to achieve that interest.
Learn more on affirmative action here https://brainly.com/question/1163395
#SPJ6
When the price of a bond is above the equilibrium price, there is excess ___ in the bond market and the price will ___.
a. demand; rise
b. demand; fall
c. supply; fall
d. supply; rise?
Given a correlation coefficient of zero, which conclusion is correct? select one:
a. there is no relationship between the two variables.
b. a correlation coefficient is not proper for the data.
c. correlation coefficients of zero cannot be interpreted.
d. all of the other alternatives are correct.
Since its establishment in 1945, the United Nations has...
A.) prevented border wars around the world.
B.) provided a forum for international negotiations.
C.) eliminated hunger and starvation worldwide
D.)replaced national armies with an international armed forces
Please help me!!!!:(
Which agency is responsible for approving states' special education plans and releasing idea funds accordingly?
The United States Department of Education is responsible for approving state special education plans and releasing IDEA funds to State Educational Agencies, which then allocate to Local Education Agencies.
The agency responsible for approving states' special education plans and releasing IDEA funds is the United States Department of Education. This process is a part of the Individuals with Disabilities Education Act (IDEA) which ensures that children with disabilities are provided with Free Appropriate Public Education (FAPE) that is tailored to their individual needs. Once the states' plans are approved, the federal government provides funds to State Educational Agencies (SEAs), which are then responsible for distributing these funds to Local Education Agencies (LEAs). These agencies ensure that the funds are allocated to the schools in accordance with the specific formula designed to target assistance programs or school-wide improvements when necessary. IDEA funds are aimed at making educational resources more equitable across various schools. Additionally, school boards have several roles to play, including mandating instruction in key areas, approving state assessment pass scores, and overseeing investments in the Permanent School Fund, among others. Despite the federal contribution, it’s important to note that the majority of school funding, approximately 91 percent, comes from state and local sources.
Match the scenarios with the economic concepts they illustrate.
Answer:
Substitution, income effect, positive externality & then negative
Explanation:
Plato!!! :)
A market maker who acts as a dealer in one or more securities on the floor of the nyse is called a:
Who would most likely be a customer of workers in the architecture and construction cluster?
Answer:
b
Explanation:
PLEASE HELP ME????
The average teenager requires _____ hours of sleep each night. A. 10 B. 8 C. 6 D. 9
Final answer:
The average teenager requires 9 hours of sleep each night, which aligns with studies showing teenagers usually sleep around 8.9 hours and the National Sleep Foundation's recommendation for 7-9 hours in adults.
Explanation:
The average teenager requires 9 hours of sleep each night. Many studies support the fact that adequate sleep is crucial for teenagers due to their developmental and educational needs. A study with a sample of 16 teenagers showed an average of 8.9 hours slept, while the National Sleep Foundation suggests that as individuals reach adulthood, the recommended amount of sleep is about 7-9 hours per night. It's important for teenagers to aim for sufficient sleep to avoid a sleep debt, which can have negative implications on alertness and mental efficiency. College students also struggle to meet the sleep recommendation, emphasizing the importance of good sleep habits for academic performance and overall well-being.
An otr® asks a client with impaired balance to dust and polish a bookshelf in standing position without upper-extremity support. the otr® notes no loss of balance during reaching and bending tasks. how would the otr® appropriately grade the activity to provide the just-right challenge?
What is a bank that belongs to the federal reserve system called?
member bank
100% on Gradpoint
What are three characteristics that may make a place well-suited, or poorly-suited, for industry?
Kevin just deposited $13,000 into his savings account at traditions bank. the bank will pay .87 percent interest, compounded annually, on this account. how much interest on interest will he earn over the next 5 years?
Can somebody help me check my answers please??
I'd really appreciate it.
The state legislature asks you to analyze several product markets for natural monopoly qualities. The legislature wishes to regulate one of the products to provide safer, more efficient, and standard quality to its citizens. Which product do you recommend?
student tutoring services
bottled water plants
auto detailing services
paint manufacturing,
A device or technique that ensures production of a good unit every time is a __________.
A device or technique that ensures the production of a good unit every time is a quality control.
Explanation:A device or technique that ensures the production of a good unit every time is known as quality control. Quality control is the process of monitoring and maintaining the desired level of quality in a product or service. It involves implementing measures and procedures to detect and correct any defects or errors in the production process. One example of a quality control technique is statistical process control (SPC), which involves using statistical methods to monitor and control the manufacturing process.
SPC helps ensure that the production process remains stable and consistent, leading to the production of good units consistently. Another example of a quality control technique is Six Sigma, which aims to reduce defects and improve the overall quality of a product or service. Six Sigma incorporates various tools and methodologies to identify and eliminate variations in the production process.
Learn more about Quality Control here:https://brainly.com/question/33040812
#SPJ12