The difference in the market share for these two firms is 3%.
The market share of a firm refers to the percentage of the industry's total sales that is earned by such firm..
Given information
Industry sales = $15 billions
Acme market share = 20%
Emca market share = 17%
Sales revenue for ACME = Acme market share * Industry sales
Sales revenue for ACME = 20% * $15,000,000,000
Sales revenue for ACME = $3 billion
Sales revenue of ECMA = Ecma market share * Industry sales
Sales revenue of ECMA = 17% * $15,000,000,000
Sales revenue of ECMA = $2.55 billion
The difference between the market shares as a percentage:
= 20% - 17%
= 3% of $20 billion
Therefore, the difference in the market share for these two firms is 3% of $20 billion.
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If the consumer price index (cpi) in year 1 was 200 and the cpi in year 2 was 215, the rate of inflation was
The rate of inflation between the two years can be calculated by determining the percentage change in the Consumer Price Index (CPI) from Year 1 to Year 2. The given CPI values result in an inflation rate of 7.5%.
Explanation:If the Consumer Price Index (CPI) in Year 1 was 200 and the CPI in Year 2 was 215, the rate of inflation is calculated by determining the percentage change between the two years. This is calculated as follows:
Step 1: Take the difference between the CPI in Year 2 and Year 1 which is 215 - 200 = 15.Step 2: Divide this result by the CPI in Year 1 which is 15 / 200 = 0.075.Step 3: Multiply the outcome from step 2 by 100 to convert it to a percentage. Therefore, 0.075 x 100 = 7.5%Therefore, based on the given information, the rate of inflation from Year 1 to Year 2 was 7.5%.
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The shortest possible time an activity can be completed realistically is called ___________ time.
Crash time is the shortest possible time an activity can realistically be completed. It involves creating a realistic and efficient timeline that is time-bound and relevant to accomplishing the tasks.
Explanation:The shortest possible time an activity can be completed realistically is called crash time. This time is determined by analyzing the most efficient way to allocate resources so that tasks within a larger project can be completed as quickly as possible, while still ensuring everything is done to specification and without compromising quality. It involves a process where you first figure out how much time you can realistically spend on an assignment, and then create a timeline that includes all the tasks that need to be completed. This is time-bound, involving deadlines that are achievable within a specific timeframe and relevant, directly related to what needs to be accomplished within this timeframe. For instance, if an activity ranges from 15 minutes to 2 hours based on different combinations of components, the crash time would be at that lower boundary of 15 minutes under optimal conditions.
Althea, a brilliant new ph.d. in economics, has turned down many job offers because she hopes eventually to teach at one of the top 10 universities in her field. the type of unemployment she is experiencing is
Final answer:
Althea is experiencing frictional unemployment, a common and expected form of unemployment that occurs when individuals are in between jobs and seeking positions that are well-suited to their qualifications and career goals.
Explanation:
Althea is experiencing a type of unemployment known as frictional unemployment. This occurs when individuals take time to find a job that is a better fit for their skills and desires, as opposed to accepting the first offer that comes along. In Althea's case, she is specifically seeking opportunities at top universities, demonstrating a selective job search process. Frictional unemployment is typical for recent graduates or professionals looking for jobs that match their qualifications more closely. Although it may lead to periods without work, it's a normal part of the job-search process and reflects the time needed to ensure the best alignment between the employer's needs and the individual's qualifications and career goals.
Althea is experiencing frictional unemployment as she looks for a job that fits her qualifications and career goals.
Althea, a new Ph.D. in economics who has turned down job offers in hopes of teaching at a top university, is experiencing a type of unemployment known as frictional unemployment. This type of unemployment occurs when individuals are between jobs or are seeking their first jobs after completing education. It's often a temporary condition. In Althea's case, her unemployment is voluntary as she is choosing to wait for a position that matches her high qualifications and career aspirations.
Frictional unemployment is the type Althea is experiencing by turning down job offers to pursue a teaching position at a top university. Frictional unemployment occurs when individuals are temporarily between jobs while seeking better opportunities.
In the context of the labor market, this situation aligns with the concept of job search for college graduates, highlighting the transitional period before securing employment. The transition from graduating to finding the right job can create periods of frictional unemployment.
A company buys a machine for $64,000 that has an expected life of 5 years and no salvage value. the company anticipates a yearly net income of $3,050 after taxes of 38%, with the cash flows to be received evenly throughout each year. what is the accounting rate of return?
Transformational leaders use four key kinds of behaviors that affect followers. paul vallas exhibits _________ as he explains his "vision of the future" in this opening segment.
Ted is attending an interview at a preschool. Which action should he take prior to the interview?
Prior to the interview, Ted should arrive early, bring necessary materials, be respectful and personable, answer questions clearly with detailed responses, demonstrate enthusiasm, and prepare for common interview questions.
Explanation:Prior to the interview, Ted should:
Arrive earlyBring necessary materials (resume, references, etc.)Be respectful and personableMake eye contact and answer questions clearlyProvide detailed responses with examplesDemonstrate enthusiasm and a positive attitudePrepare for common interview questionsResearch the company and positionFinal answer:
Ted should arrive early, be prepared, and present himself professionally for the interview at the preschool.
Explanation:
Prior to the interview at the preschool, Ted should take the following actions:
Arrive on time, preferably 10 minutes early, to show punctuality and preparedness.
Bring extra copies of his resume, business card, list of references, and a portfolio if applicable.
Be respectful, polite, and friendly to everyone he encounters at the preschool.Make eye contact, be attentive, and sit only when asked to do so during the interview.Provide detailed responses with examples that connect his skills and experiences to the job at hand.Demonstrate enthusiasm and maintain a positive attitude throughout the interview.By following these actions, Ted can increase his chances of making a good impression and securing the position.
The federal reserve's goal in managing the money supply is to ensure that money retains its value.
a. True
b. False
The Federal Reserve's goal isn't just to ensure that money retains its value but to maintain monetary and financial stability. This includes stable prices, maximum employment, and moderate long-term interest rates.
Explanation:The Federal Reserve's goal in managing the money supply isn't just to ensure that money retains its value but it goes beyond that to achieve economic stability. The Federal Reserve uses monetary policy tools like open market operations, reserve requirements, and the discount rate to influence the amount of money and credit in the U.S. economy. Their goals include stable prices (which does relate to money retaining its value), maximum sustainable employment, and moderate long-term interest rates. This is referred to as the Fed's dual mandate and is specifically outlined in the Federal Reserve Act. Therefore, the statement is partially true but leaves out important aspects of the Fed's responsibilities.
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If the united states imports more goods from japan than it exports to japan, how will the difference be financed
Identify the advantages of renting versus buying a home.
tax benefits, lower repair costs, fixed mortgage payments, lower insurance costs
Nonpermissive electoral systems (such as single-member district plurality) are thought to benefit a small number of large parties because:
"which communication channels are best for fostering trust?"
The most effective communication channels for fostering trust include open and clear communication, emphasizing verbal and nonverbal feedback. Face-to-face interaction is ideal for genuineness, while mediated channels offer control but can lack personal warmth.
The question pertains to which communication channels are best for fostering trust. Trust is essential, and open communication is a fundamental way to size up and prove trustworthiness. Clear, jargon-free communication, tailored to the audience's understanding, and the context is necessary for building trust. Research suggests that verbal commitments in cooperative settings can prove one's trustworthiness, and non-verbal cues are also an integral part of the relationship-building process. While technology facilitates long-distance communication, it is critical to select modes that are secure and embody clear expectations regarding frequency and responsiveness. Face-to-face encounters typically offer more warmth and immediacy, providing a sense of genuineness through the ability to convey and receive verbal and nonverbal feedback. However, mediated channels like emails or texts might provide greater control over the situation, although they may come across as less personal and lack the richness of nonverbal communication.
The free movement of capital around the world is also known as ________.
Mark signs a periodic tenancy lease at the river's edge warehouse for one year. after the year expires, mark stays in the warehouse and the landlord acquiesces. mark a. has a month-to-month periodic lease, which can be terminated by either party giving a 30-day notice. b. has a tenancy at sufferance which is not a true tenancy at all. c. has another one-year lease. d. must move out when the landlord finds another tenant.
Which behavior would most offices consider unethical?
The behavior that will be considered as unethical in the office is posting negative comments about the company on social media. Thus, the last option is correct.
What is behavior ?Behavior refers to the interaction of the people and the way in which they react or respond in the place or organization. It influences the working of the firm.
There are a variety of people present in the organization which work and socializes with each other to impact the working of the organization.
Posting negative remarks about the organization on social media will be considered unethical in the office and morally wrong, which gives the bad impression of the company as well as the employees working in that organization.
Therefore, it can be concluded that the last option is correct.
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Your question is incomplete, but most probably the full question was...
attending a birthday party hosted by the manager at his houseexpressing one’s grievances to one’s managerhaving lunch with a coworkerhaving dinner with a coworkerposting negative comments about the company on social mediaOf the five primary accounting concepts, which one assumes an indefinite future?
Answer: Going concern concept
Explanation: The going concern concept illustrates that every business entity has a continuity of life and so would unlikely to be dissolved in the future. It is the accounting concept that business firm will continue to carry on its activities for an indefinite period of time. As an important assumption of accounting, it provides a basis for
facilitating financial statements. It has immense significance in accounting in that it is of great help to the investors, as it assures them that they will continue to get return on their investments as well as helping judge businesses for their capacity to earn profits in future.
Several years ago, 38% of parents who had children in grades k-12 were satisfied with the quality of education the students receive. a recent poll asked 1 comma 205 parents who have children in grades k-12 if they were satisfied with the quality of education the students receive. of the 1 comma 205 surveyed, 464 indicated that they were satisfied. construct a 90% confidence interval to assess whether this represents evidence that parents' attitudes toward the quality of education have changed.
K12 is working for pure greed.
I can't wait unitl I get rid of them
It has ruined ,my life and i wont do it for a second smester
I hope no one else signs up for it
the screen time is way too much
and the grading is unfair
the teachers have too many students
there are too many quizes
how are we supossed to learn all this stuff in one lesson
we arent allowed to talk in classs
if we dont reply to someone elses discussion well get docked on our grades
im sick of this
The simplest remedy available to the ftc against firms charged with false, misleading, or deceptive advertising is __________ . cease and desist order consent decree corrective advertising fines
Match each unfair business practice with an example of its use.a.predatory pricinglocal pizza delivery companies agree to charge $20 for a large cheese pizza.b.making misleading statementsa large auto maker charges a price below production cost in order to eliminate small competitors.c.price fixinga juice company falsely claims that its drinks reduce the incidence of heart attacks.
Correct matches are:
a.predatory pricing (a large automaker charges a price below production cost in order to eliminate small competitors).
b.making misleading statements (juice company falsely claims that its drinks reduce the incidence of heart attacks.
c.price fixing ((local pizza delivery companies agree to charge $20 for a large cheese pizza.
Above are unfair business practices and their corresponding examples.What is the law of comparative advantage?
A country is better off producing the goods and services that it has a comparative advantage supplying.
What are examples of organizational artifacts? select one:
a. the unwritten rules that allow members to know what is expected of them.
b. project team member job satisfaction.
c. physical manifestations such as logo, décor, dress, and physical layout.
d. how people relate to each other?
Mario's, a pizza and pasta producer, experiences increasing opportunity cost. draw a production possibilities frontier for mario's that illustrates this fact. label it ppf. draw a point that is attainable. label it attainable. draw a point that is not attainable. label it unattainable. unattainable points are ______.
a. outside the ppf
b. inside the ppf but not on the ppf
c. on the ppf but not inside the ppf
d. both outside and on the pp
Answer:
a. outside the PPF
Explanation:
PPF is bowed outward, so that as the quantity of pizza and pasta produced increases, it becomes more costly to produce another unit of pizza.
The PPF is a boundary between the attainable and unattainable combinations of pizza and pasta.
Points inside the PPF and on the PPF are attainable and points outside the PPF are unattainable.
Unattainable points are outside the PPF.
Because the PPF shows the limits to production, it separates attainable combinations from unattainable ones.
Lawrence needs to respond to a coworker's email. In a plain text email, the coworker has asked Lawrence a number of questions. Lawrence would like to respond to these questions using a different color text. Which email feature will Lawrence need to adjust?
Answer:
The correct answer is: format.
Explanation:
The format is the structure we use while writing an e-mail. It will provide our message with a certain appearance according to the purpose of the content we are going to send. In formal writing situations such as at work, it is better to keep the format the simplest possible so that the content will be clearly understood and it is better to maintain serious criteria while formatting the text.
A financial institution wishes to estimate the mean balance owed by its credit card customers. a random sample of 64 credit card customers was taken. according to the sample results, the average credit card balance is $600. the population standard deviation is known to be $200. construct a 96 percent confidence interval estimate of the true mean population credit card balance for this financial institution.
A lack of trust between two parties engaged in international trade is exacerbated by the narrowing distance between the two parties due to technological advances. saturation of the domestic market. possibility of doing business with someone with whom they have been associated for a long time. similar preferences of the parties regarding how a transaction should be configured. problems of using an underdev
which process is a feature of webmail?
Webmail is a feature that runs from a server, allowing users to access their email through a web browser without downloading messages to their machine.
Explanation:The process that is a feature of webmail is running from a server. Webmail is an email system that allows users to access their email through a web browser. This means that the email service is hosted on a server, and users can access their email from any device with an internet connection and a web browser without needing to download the messages to their machine.
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Complete question
Which process is a feature of webmail?
A.)allows user collaboration when creating content
B.)downloads messages to the client’s machine
C.)helps to conduct meetings in real time
D.)runs from a server
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Naomi is an achievement-oriented, efficient project manager who generally attributes her success to her own actions but tends to blame situational factors when it comes to her failures. this tendency of hers exemplifies a(n) _____.
Amy decided to choose the lease option that will minimize her total 36-month cost. the difficulty is that amy is not sure how many miles she will drive over the next three years. for purposes of this decision, she believes it is reasonable to assume that she will drive 12,000 miles per year, 15,000 miles per year, or 18,000 miles per year. with this assumption amy estimated her total costs for the three lease options. actual miles driven annually dealer 12,000 15,000 18,000 hepburn honda $10,764 $12,114 $13,464 midtown motors $11,160 $11,160 $12,960 hopkins automotive $11,700 $11,700 $11,700 suppose that the probabilities that amy drives 12,000, 15,000, and 18,000 miles per year are 0.5, 0.3, and 0.2, respectively. determine the expected cost for each dealer. enter the lowest expected cost rounded to the nearest dollar without a dollar sign.
In an eight-hour day bob can catch 24 pounds of fish or he can repair 15 cars. in an eight-hour day fred can catch 27 pounds of fish or he can repair 18 cars. if both men decide to follow their comparative advantage then bob will gain from trade if he can sell 100 units of the good he is specializing in for at least ____ units of the other good. enter a number rounded to two decimal places.
Which is the key reason that an incident log be a bound logbook instead of one that is not bound?
The answer is: it will have more credibility in a court of law
When an incident is logged in a bound logbook, it means that the establishment where the incident occurs openly acknowledge that the accident actually happen. This type of information usually more reliable compared to recollection based on personal memories of the defendant or the accuser,
And indeed there will be timefor the yellow smoke that slides along the street,rubbing its back upon the window panes;there will be time, there will be timeto prepare a face to meet the faces that you meet;there will be time to murder and create,and time for all the works and days of handsthat lift and drop a question on your plate;which phrase from the excerpt most clearly conveys the speaker's leisurely tone?
Answer:
The correct answer is: "...there will be time to murder and create, and time for all the works and days of hands that lift and drop a question on your plate..."
Explanation:
A leisurely tone is used when expressed ideas without haste in an unhurried way. There are different forms to identify how an author uses a leisurely tone in his or her speech. The easiest to do is to take a look at the grammatical structure in his or her statements. The most complex it is, the more requires thinking over that topic. That is usually carried out when the author is calm.
In that case:
"...there will be time to murder and create, and time for all the works and days of hands that lift and drop a question on your plate...";
rhymes create and plate which mostly shows the author is speaking in a leisurely tone.