An economic expansion leads to lower needs-tested spending and higher induced taxes. The spending on programs that returns advantage or benefits to people and business that are qualified is known as needs-tested spending. When the economy expanded the unemployment rate decreases so as the need-tested spending.
If Starbucks raises its price by 5 percent and mcdonalds experiences a 0.3 percent increase in demand fir its coffee, what is the cross-price elasticity of demand?
The cross-price elasticity of demand measures the responsiveness of the quantity demanded of one product in response to a change in the price of another related product.
Explanation:The cross-price elasticity of demand measures the responsiveness of the quantity demanded of one product in response to a change in the price of another related product. To calculate the cross-price elasticity of demand, you divide the percentage change in the quantity demanded of one product by the percentage change in the price of another product. In this case, since Starbucks raised its price by 5 percent and McDonald's experienced a 0.3 percent increase in demand for its coffee, you would calculate the cross-price elasticity as follows:
Cross-price elasticity of demand = (% change in quantity demanded of McDonald's coffee) / (% change in price of Starbucks coffee)
Cross-price elasticity of demand = (0.3% increase in demand for McDonald's coffee) / (5% increase in price of Starbucks coffee)
Cross-price elasticity of demand ≈ 0.3% / 5% = 0.06
So, the cross-price elasticity of demand in this case is approximately 0.06.
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Why are retired people hurt by inflation? A. They live beyond their means. B. Retired people often buy products that are especially likely to experience inflation. C. They're afraid of change. D. Since they're on fixed incomes, their income doesn't rise to meet higher prices.
What should a manager ideally do after implementing a solution to a given work-related problem?
1. focus on other problems
2. evaluate the outcome of the solution
3. analyze the experience of the decision-making process
4. evaluate the performance of all employees involved in the problem-solving process
Answer:
its B for my Plato peoples
Explanation:
A bill in the House of Representatives may only be introduced by a(n) __________. employee of a federal agency lobbyist for a special interest group committee staff aide member of the House of Representatives
"dmv does not have an outstanding insurance transaction for this vehicle."
The sentence refers to the DMV having no ongoing or unresolved insurance matters related to the particular vehicle.
Explanation:The statement 'The DMV (Department of Motor Vehicles) does not have an outstanding insurance transaction for this vehicle' refers to a situation where the department which is responsible for many aspects of vehicle regulation, including insurance information, does not currently have a record of an ongoing or unresolved insurance procedure relating to this particular vehicle. This might include matters such as a paid or unpaid insurance claim, transfer of insurance, or updating of insurance coverage details.
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What is a target market?
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Less than ______ of all thunderstorms produce tornadoes. 10%
Jose's restaurant operates in a perfectly competitive market. at the point where marginal cost equals marginal revenue, atc = $20, avc = $15, and the price per unit is $10. in this situation,
a. jose's restaurant is earning a positive economic profit.
b. jose's restaurant should shut down immediately.
c. jose's restaurant is losing money in the short run but should continue to operate.
d. the market price will rise in the short run to increase profits.
Since in a perfectly competitive market, a firm cannot dictate or increase the price, A firm is best to shut down production in the short run if the market price false below the average variable cost.
finn and glenda want to form and do business as hobby crafts corporation. a corporation is
Think about the videos you have watched. Why is there a need for government regulation, and what limits need to be placed on these regulations?
Government regulation is necessary to maintain order and protect the interests of consumers in the video industry. However, there should be limits to prevent overregulation and unintended consequences. Transparent and evidence-based regulations with stakeholder engagement are crucial.
Explanation:The need for government regulation in videos arises from the responsibility to maintain order and ensure the fair operation of the business marketplace. Governments at various levels enact laws to check the actions of businesses and protect the interests of consumers. However, there should be limits placed on these regulations to strike a balance between ensuring fairness and allowing for market competition and innovation.
One limit that needs to be placed on government regulations is to prevent overregulation that stifles competition and hinders market growth. Excessive regulations can create barriers to entry for new businesses and discourage innovation. Another limit to consider is the potential unintended consequences of regulations, such as increased costs for businesses and consumers or the restriction of free speech and expression.
Furthermore, regulations should be transparent, consistent, and based on sound evidence and expert knowledge. The process of creating regulations should involve public input, stakeholder engagement, and periodic evaluation to ensure their effectiveness and appropriateness.
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Oscar refuses to pay petra $500 in cash on their contract to repair oscar's washing machine, which petra still possesses at her repair shop. petra's lien on the machine will terminate
which name is given to the price at which the maker of a car recommends that it be sold
Manufacturer's suggested retail price name is given to the price at which the maker of a car recommends that it be sold.
What is MSRP?The price at which the maker advises retailers to sell their goods is known as the manufacturer's suggested retail price (MSRP). It is sometimes referred to as a product's suggested retail price, recommended retail price, or list price. The MSRP typically ranges from 2.5 to 3 times the wholesale cost.
The term "MSRP" refers to the price that a car manufacturer advises a vehicle should be sold for. The term "Sticker Price" (MSRP), which differs from the invoice price, refers to the Manufacturing Suggested Retail Price. The MSRP is the suggested retail price (MSRP) that an auto dealer uses to price each of his vehicles because it is the MSRP that the automakers recommend for the sale of a new vehicle.
As a result, the significance of the name is given to the price at which the maker of a car recommends that it be sold are the aforementioned.
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Developed democracies are characterized by rational and secular institutions, part of what makes them:
What effect is an increase in income tax rates likely to have on the underground economy? Why?
Underground economy refers to the illegal trade of goods and services because it does not comply with the government’s policy of reporting necessary requirements. An example of this is smuggling of goods and prostitution. If there is an increase in the income tax rates, the underground economy will continue to grow and tax evasion may be rampant. It is because some people would avoid in their duty of paying right amount of taxes and prefer to earn more money.
Read the following scenario. An urban area in southern Texas is rapidly growing. The population has almost doubled over the past ten years, and people are still coming. Much of the growth has been in the form of Mexican immigrants. Many of the immigrants have become naturalized citizens and have the power to vote. The area that is growing has been primarily Republican, but most of the new citizens lean toward the Democrats. Which of the following outcome is most likely to occur in this situation? Redistricting will occur to expand representation and the voting pattern will shift from Republican to Democratic. Redistricting will occur to expand representation, but the voting pattern will remain largely Republican. District boundaries will remain the same, as will the voting pattern. District boundaries will remain the same, but the voting pattern will shift from Republican to Democratic.
Answer: District boundaries will remain the same, but the voting pattern will shift from Republican to Democratic.
Explanation:
Help me please!!!! I need your help and answer this question fully by paying attention to the question asked.
Joey has a checking account that charges him $3 per month and gives him up to eight free checks or ATM withdrawals every month. He then has to pay $1 for every additional check that he writes or ATM withdrawal he makes for the rest of the month. If he writes 9 checks per month and uses the ATM machine 4 times per month, what does his checking account cost per year?
Joey's checking account costs him $96 per year, considering both the basic monthly charge of $36 per year and the extra charges for checks and ATM withdrawals that total $60 per year.
Explanation:The cost of Joey’s checking account per year can be calculated by analyzing the fees he incurs on a monthly basis. The flat fee is $3 per month, and he gets eight free transactions (either checks or ATM withdrawals). So, right away, that is $36 for a year (12 months times $3 per month).
Next, we note that he writes 9 checks per month and uses the ATM 4 times per month. This is a total of 13 transactions per month. Therefore, he is 5 transactions over the limit (13 total - 8 free = 5), which incur a $1 fee each. So, he pays an extra $5 each month, which amounts to $60 per year (12 months times $5 per month).
Therefore, for a full year, his checking account costs him $96 (the $36 flat fee per year plus the $60 extra transaction fee per year).
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Joey's checking account costs him $96 per year. This includes a $3 monthly fee and charges for 5 extra transactions each month.
Explanation:Joey's checking account charges him a monthly fee and for transactions beyond the free limit. With his usage pattern, we need to calculate his total yearly cost.
Monthly, Joey is charged $3 and gets 8 free transactions. He writes 9 checks and makes 4 ATM withdrawals monthly, making a total of 13 transactions. Beyond the 8 free ones, he pays for 5 additional transactions at $1 each.
Calculating monthly extra transaction costs: 5 extra transactions × $1 = $5
Total monthly cost: $3 monthly fee + $5 extra transaction costs = $8 per month
Yearly cost: $8 per month × 12 months = $96 per year
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For the best terms on a loan or credit card, you need a credit score above 700. to achieve this, start establishing credit now. pay all of your bills on time. in addition, use only one-third of your available credit limit and pay off your revolving balance(s) each month. r.j.johnson has excellent credit. she wants to purchase a piece of equipment for her business and was offered 7% for 72 months for the $62,000 unit. what is her monthly payment by add-on method?
Jonathan just graduated college and can expect monthly loan payments of $405. His new job provides him
with an annual salary of $36,000. What is his debt‐to‐income ratio? What is the acceptable debt‐to‐
income range for student loans and does Jonathan’s fall within that range?
Jonathan just graduated college and can expect monthly loan payments of $405. His new job provides him with an annual salary of $36,000. What is his debt‐to‐income ratio?
If Jonathan's monthly loan payment is $405 that that's is only debt, solve to find his monthly income first.
$36,000/12 = $3,000 Jonathan's debt to income ratio is $405 (debt)/ $3,000 (income).
The debt to income ratio is solved by dividing your monthly expenses by your monthly income $405/$3,000 = 7.41% is Jonathan's debt to income.
What is the acceptable debt‐to‐income range for student loans and does Jonathan’s fall within that range? This seems like a fairly low debt to income ratio for students loans because it only takes up a small percentage of Jonathan's monthly income.
Goals, policies and procedures and mission statements are all examples of what type planning?
In Asian cultures, what may be interpreted as a lack of respect?
A sitting up in your chair
B eye contact
C taking time to converse about personal matters
D being well groomed and dressed
Answer:
B eye contact
Explanation:
For example, in Western cultures, eye contact is considered polite and indicates that you are listening to the speaker. In Asian cultures, eye contact may be interpreted as a lack of respect.
True or false: In extended problem solving most consumers know the product class, brands, or attributes and when they evaluate the product.HURRY!!
"which term refers to a sponsoring entity's promotion of sponsorship?"
'Activation strategies' is the term used to refer sponsoring entity's promotion of sponsorship.
What is an activation strategy?Sponsorship activations provide a brand with a physical presence during the event of the hosting organization. Sponsorship activations are live events, like other activations, that aim to engage with visitors and raise brand recognition. Sales of merchandise may be part of a sponsored activation. A technique for getting your users to go beyond the first sign-up stage to the point where they gain genuine value from your product and become devoted customers is known as a customer activation strategy.
Using both qualitative and quantitative data, customer activation techniques aim to enhance the customer experience. By integrating components of strategy creation and execution, the strategy activation technique enables a company to design an efficient and thorough plan to realize its strategic vision.
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Suppose a monopolist is producing where the marginal cost curve intersects the demand curve. the monopolist
a. is maximizing profits.
b. can increase profits by selling more units at a higher price.
c. can increase profits by selling fewer units since marginal cost is greater than marginal revenue.
d. can increase profits by selling more units since marginal cost is less than marginal revenue.
How is a line of credit similar to a credit card? A. Interest is charged only on the amount you actually borrow. B. The interest rates are the same. C. They both require co-signers. D. Lenders don't check your credit score. Please select the best answer from the choices provided A B C D
Which of following most accurately describes when investigators pursuing phs funding are required to disclose their significant financial interests to their institution?
Who agrees to pay for certain types of losses in exchange for payments on a policy?
an insurer does//////
If you were a large store owner and you found out that an employee had stolen merchandise from you, would you fire him if the total amount taken was worth less than five dollars in one year?
Suppose an oligopolistic firm assumes that its rivals will ignore a price increase but match a price cut. in this case, the firm perceives its demand curve to be:
a. kinked, being steeper above the going price than below.
b. kinked, being steeper below the going price than above.
c. linear, being less elastic at lower prices.
d. linear, being more elastic at higher prices.
PLEASE HELP ASAP!!!!!
The two basic ways to finance a business are equity financing and
A) mortgage financing.
B) overhead financing.
C) leverage financing.
D) debt financing.
Answer:
its D debt financing
Explanation: