A monopolist does not have a supply curve because the firm's decision about how much to supply is impossible to separate from the demand curve it faces.
a. true
b. false
A monopolist does not have a supply curve because its decision on how much to supply is inseparable from the demand curve it faces. The supply of a monopolist is determined by its profit-maximizing behavior.
Explanation:The statement is true. A monopolist does not have a supply curve because its decision on how much to supply is inseparable from the demand curve it faces. In a monopoly market, the firm has the power to set the price and quantity based on the demand for its product, as there are no close substitutes.
The monopolist's supply is determined by its profit-maximizing behavior, which includes considering the demand and maximizing its own profits.
Learn more about Monopolist here:
https://brainly.com/question/34221648
#SPJ6
_____ refers to the degree to which differences exist among members of a group or an organization.
A borrower with bad credit is likely to be charged....
a low interest rate.
a high interest rate.
no interest rate.
higher property taxes.
The answer is: A. high interest rate
Borrower with bad credit score is much more likely to not return the money that they borrow. This mean that giving loan to such people is a huge risk for the credit providers. To cover the risk of not getting their money back, credit providers usually give a high interest rate to borrowers with bad credit scores.
A mentor is a person who is advised, trained, or counseled by a trusted mentee.
A) True
B) False
Answer:
False
Explanation:
Benson draws up a contract to sell his Mustang GT to his sister for $30,000. Which element of the contract covers the price of the sale?
A.consideration
B. offer
C. acceptance
D. bargain
Option A .The price of the sale in a contract is covered by the element known as consideration. In a pricing scenario, if a good is priced below a buyer's reference point, they are more likely to perceive it as a bargain and make the purchase.
The element of the contract that covers the price of the sale in the scenario where Benson draws up a contract to sell his Mustang GT to his sister for $30,000 is consideration. The term consideration refers to the value that is promised to be exchanged in a contract. In this case, the consideration is the amount of money ($30,000) that Benson's sister agrees to pay in exchange for the Mustang GT.
Regarding the willingness to pay and bargain buys, if someone's willingness-to-pay for a good is $10, and they perceive the value of the good to be $20, but the good is priced at $13, then it is likely they will purchase the item since the selling price is above their willingness-to-pay but still below their reference point. This indicates that consumers may find something to be a bargain when the price is lower than their reference point, increasing the chances of a purchase and underscoring the importance of pricing strategies to facilitate sales.
If your presentation uses a background, your text should _____.
be at least 50-points
be placed in bulleted lists
work well with the background
be written in paragraph form
Answer:
C. Work well with the background.
Explanation:
It does not matter if you write in a paragraph or bulleted list what matters is that it’s works with your background so that is visual for the audience!
The minutes of the Safety Team's April meeting including a header with the meeting name and date. They also include an opening, a list of actions taken, a closing, and a signature. What is missing from the minutes?
A. A persuasive conclusion
B. A list of who attended
C. A list of costs
D. Criteria for decision making
The correct answer is B. A list of who attended
Explanation:
Minutes are documents written to register important details during meetings or similar events. These documents often include different sections, in the first section it is common to find a header with the meeting name and date, the names of the people who are in the meeting, the hour and place of the meeting, this is followed by details related to the meeting itself such as the actions that occur during it, and finally there is a closing and signature of the participants. This means, in the case of Saftey Team's April meeting the minute is missing the list of who attended as this is an essential element in this type of documents that should be included in the first section.
A $1000 deposit is put into a savings account. Which of the following compounding frequencies will ensure highest interest earned in 5 years?
Answer:
Monthly
Explanation:
Ap3x
an example of licensing is when
a. a business in France contracts to produce shirts with the image or an American athlete
b. a company in Brazil contracts to open a KFC restaurant
c. a company in New Zealand produces tires for a tractor manufacturer in Japan
d. a company in the United States contracts to teach CPR to al employees of a national hotel chain
I think the anwser is A
Which resumé tends to be used to cover employment gaps?
A.chronological
B.functional
C.hybrid
Which resumé tends to be used to cover employment gaps? B. functional
A functional resume focuses on skills and experiences instead of just work history in order. A functional resume is used by those who are in the process of changing careers, have large gaps in employment history or experience that is not directly related to the job they are applying for. Functional resumes are used often when those who are applying for a job the first time after graduating school or shifting their career ideas.
the premium of a health insurance plan refers to the
Answer:
Total Cost of Insurance Coverage
Explanation:
Health insurance (also called medical insurance or medical expense insurance) is a contract between you and an insurance company.
In exchange for you making the premium payments, the health insurance company agrees to pay the medical expenses that you may incur under the terms of the contract.
Health insurance is essential in these times, since a simple accident or serious illness could end your savings and sink you into debt.
There are many reasons to purchase medical insurance for you and your family, but this is the most important, because medical expenses can reach tens of thousands of dollars or more for a simple injury or illness.
In addition, hospitalization and injury treatment costs continue to grow at a rate that exceeds inflation.
The percent change in quantity demanded of a good divided by the percent change in income, all other things unchanged, is the _____ elasticity of demand.
The percent change in quantity demanded of a good divided by the percent change in income, all other things unchanged, is the c) income elasticity of demand elasticity of demand.
* Income elasticity of demand: This economic measure reflects how responsive the quantity demanded for a good or service is to a change in income. It's calculated by dividing the percentage change in quantity demanded by the percentage change in income.
The other options don't represent the concept being described:
* Price elasticity of demand: This measures how responsive the quantity demanded is to a change in price.
* Quantity elasticity of demand: This term isn't commonly used in economic theory.
* Cross-price elasticity of demand: This measures how the quantity demanded for one good changes due to a price change of a different good.
Complete Question
1.The percentage change in quantity demanded divided by the percentage change in income, all other things unchanged, is?
a) price elasticity of demand.
b) quantity elasticity of demand.
c) income elasticity of demand.
d) cross-price elasticity of demand.
At what wage rate will there be excess labor supplied in the market?
Answer:At $25 per hour there will be excess of labor supplied as more laborers are willing to work at high wages but not enough coffee shops are willing to hire at that wage
Explanation: PLATO
What kind of advertisements would a company be unable to measure with standardized tests?
A company would be unable to measure_________ with standardized tests.
Final answer:
A company cannot measure emotive and brand impact advertisements with standardized tests due to their subjective nature and focus on long-term customer perceptions.
Explanation:
A company would be unable to measure emotive and brand impact advertisements with standardized tests. Unlike direct response ads, where clear metrics like sales numbers, click-through rates, and conversion rates can be analyzed, emotive and brand impact ads aim to influence feelings, awareness, and customer perceptions over the long term. These are more subjective and harder to tie directly to quantitative figures. Standardized tests are better suited to quantifiable outcomes rather than measuring abstract concepts such as brand loyalty or emotional engagement.
Increased accountability of employees is typically caused by ________.
Increased accountability of employees often stems from monitoring, RALIGN incentivizing employees in line with organizational goals, and providing access to information that empowers them to perform effectively.
Increased accountability of employees is typically caused by measures that enhance transparency and align employee incentives with organizational goals. This can be addressed through a variety of strategies.
Monitoring plays a crucial role in mitigating principal-agent problems and can be executed via direct supervision, technology, or instituting a culture of accountability. Incentivizing employees correctly is also vital, as it encourages behavior that is in line with company objectives. However, this requires careful design to ensure incentives do not backfire, as seen in business case studies where misaligned incentives led to adverse outcomes. For instance, employees of an ice cream retailer abused a policy meant to reduce waste, which ultimately hurt the company's profits.
Providing access to information empowers employees, making them better equipped to perform their duties and align with company strategy. It boosts motivation, job satisfaction, and organizational commitment, while also reducing absenteeism and turnover.
Harold, president of a national stationery store, believes that the business has a responsibility not only to stockholders but also to customers, employees, suppliers, and the general public. harold subscribes to the ____________ of social responsibility.
Harold, president of a national stationery store, believes that the business has a responsibility not only to stockholders but also to customers, employees, suppliers, and the general public. harold subscribes to the socio-economic model of social responsibility.
Why is social responsibility important?Companies and consumers may both use social responsibility as a platform to positively influence local and international societies. Businesses that launch a social responsibility program consistent with their principles stand to gain more loyal and devoted customers.
According to the ethical principle of social responsibility, each person is responsible for carrying out their civic responsibilities, and their deeds must benefit society as a whole. The welfare of society and the environment must coexist in harmony with economic growth in this manner.
Learn more about social responsibility here:
https://brainly.com/question/24176816
#SPJ5
What is an incentive
In broad terms, incentives are anything that persuades someone to change their conduct in the desired direction.
An incentive is a potent tool used by governments and corporations to influence desired behaviors or actions. Incentives are widely classified into two types: intrinsic incentives & extrinsic incentives. In general, both sorts of incentives can be effective instruments for increasing effort and performance following the "law of behavior."
The basic law of economics and the rules of behavior underline the importance of incentives, which indicate that larger incentives result in greater levels of effort and thus higher levels of performance.
Incentives can be used both for monetary as well nonmonetary purposes but the main objective is persuasion.
Learn more about incentives, here:
https://brainly.com/question/12530175
#SPJ6
A greenfield investment is the best choice when:
a. government mandated benefits are high
b. the investor has a lack of capital
c. there's a lack of suitable potential employees
d. sustainability is at the core of the corporate mission
e. a suitable acquisition target doesn't exist
The term _____ refers to a variety of demographic, cultural, and personal differences among an organization's employees and customers.
For which rate of inflation given below will the real interest rate be higher than the nominal interest rate?
Who is at the center of the "ideal caring situation"?
The person at the center of the ideal caring situation is the patient. This is based on the patient-centered care model in healthcare, which prioritizes the patient's individual needs, values, and preferences. Providers work collaboratively with the patient, advocating for them and promoting their total well-being.
Explanation:In the context of nursing and healthcare, the person at the center of the ideal caring situation is the patient. This concept is based on the patient-centered care model, which prioritizes the patient's individual needs, values, and preferences during the provision of healthcare services. In this model, the healthcare provider works collaboratively with the patient, ensuring that the care delivered is not only technically proficient but also responsive and respectful to the patient. This involves fostering a genuine connection with the patient to understand their holistic health needs, actively involving them in their own care decisions, and advocating for them when necessary. The ultimate goal is to promote the patient's total well-being and improve their health outcomes.
Learn more about Ideal Caring Situation here:https://brainly.com/question/8889447
#SPJ3
If a reader asks "who originally collected the data being reanalyzed?" or "when were the data collected?" that reader is most clearly examining issues that focus on
That reader is most clearly examining issues that focus on the analysis of existing statistics.
What do you understand by the word statistics?Statistics is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industrial, or social problem, it is conventional, to begin with, a statistical population or a statistical model to be studied. Populations can be diverse groups of people or objects such as all people living in a country or every atom composing a crystal. Statistics deals with every aspect of data, including the planning of data collection in terms of the design of surveys and experiments.
When census data cannot be collected, statisticians collect data by developing specific experiment designs and survey samples. Representative sampling assures that inferences and conclusions can reasonably extend from the sample to the population as a whole. An experimental study involves taking measurements of the system under study, manipulating the system, and then taking additional measurements using the same procedure to determine if the manipulation has modified the values of the measurements.
In contrast, an observational study does not involve experimental manipulation.
Learn more about statistics, here:
https://brainly.com/question/29093686
#SPJ5
6. The purpose of applying for a patent is to protect the company’s right to (1 point)
A. produce and sell an invention.
B. pursue the development of an invention.
C. keep new product development secret.
D. market new products over the Internet.
7. Companies are using social media in their marketing strategies to allow (1 point)
A. customers to post comments in support of their products.
B. two-way conversations with customers and prospective customers.
C. easy access to customer databases for one-to-one marketing.
D. announcements to reach a larger audience.
8. Which of the following is a criticism of cause-related marketing? (1 point)
A. Cause-related marketing is more of a strategy for selling than giving.
B. Cause-related marketing is placing the burden of giving on the consumer instead of the company.
C. Cause-related marketing is becoming commonplace, and consumers are just ignoring it.
D. Cause-related marketing is shown to hurt rather than help a company in the long run.
9. Which of the following is not a customer market targeted by companies? (1 point)
A. cultural markets
B. reseller markets
C. government markets
D. consumer markets
10. In the product development process, marketers should treat their suppliers (1 point)
A. strictly as vendors to avoid relationship issues.
B. with professionalism, but without developing too close of a relationship.
C. as partners to ensure product success.
D. like part of the family, with suppliers working alongside the marketing team.
It should be noted that the purpose of applying for a patent is to protect the right is the company to B. pursue the development of an invention.
What is a patent?A patent simply means the exclusive right that's granted for an invention.
Companies are using social media in their marketing strategies to allow announcements to reach a larger audience. Social media marketing is the use of social media platforms to promote a product or service.
A criticism of cause-related marketing is that cause-related marketing is more of a strategy for selling than giving. Cause marketing simply means a collaboration between a for-profit business and a nonprofit organization which is done for a common benefit.
The option that is not a customer market targeted by companies is cultural markets. It should be noted that market culture emphasizes competitiveness between the organization, market competitors, and employees.
In the product development process, marketers should treat their suppliers with professionalism, but without developing too close of a relationship.
Learn more about patent on:
https://brainly.com/question/711313
Which of the following is an example of a rational motive?
A. Liza buys the sneakers the rest of her team has.
B. Taylor buys a fancy coat.
C. Lin buys a birthday gift for a friend.
D. Kim buys a new stove to prepare meals.
Which of the following factors makes a currency more attractive to investors?
A. A high rate of government debt
B. A low export rate
C. A low interest rate
D. A low inflation rate
A low inflation rate makes a currency more attractive to investors. Thus, option D is correct.
Who are investors?Any individual and perhaps other organization that invests money in the hope of making a profit is referred to as an investor. The commercial entity that the wider populace most frequently associated with both the stock exchange is an investor.
As there is a high-interest rate or low inflation rate then the value of the country's currency will rise. This interest rate will attract foreign investment to impress to invest in their country.
This will lead to the demand which has been increased. Also, the value of the return that they will get will be high which will be a positive point for them.
Therefore, option D is the correct option.
Learn more about investors, here:
https://brainly.com/question/28538187
#SPJ2
To accurately determine the financial performance of a company, it is necessary to compare performance ________.
Final answer:
Determining a company's financial performance requires analysis of financial statements, use of financial ratios, and comparisons to past performance, industry standards, and peer organizations. This contextual analysis helps identify trends, efficiencies, and overall financial health.
Explanation:
To accurately determine the financial performance of a company, it is necessary to compare performance across different aspects, such as with the company's past performance, industry standards, and with similar organizations. Understanding the company's financial statements is the first step in this analysis, which provides a snapshot of the organization's operating and financial position for a specific period. Financial statement analysis identifies trends in financial health by considering several years of data.
Financial ratios are essential tools that are derived from these financial statements, providing metrics that illustrate different dimensions of a company's financial performance. It's important to interpret financial ratios within the context of industry standards and across multiple time periods to identify any trends or deviations from expected norms. Comparing financial performance to that of peer organizations, especially using standardized financial information, allows for an "apples-to-apples" comparison that can offer insights into an organization's efficiency and overall health relative to others in the same sector.
This approach can reveal important information about an organization's revenues, expenses, investment in capital equipment, and more, often leading to questions that prompt further investigative analysis. Comparing revenue against expenses tells us if the organization profited, while comparing its revenue and expense trends to those of peers can illustrate how effectively it is accomplishing its mission.
A college professor's compensation package includes the total cost of a $325-per-month health insurance plan, the total cost of a $65-per-month life insurance plan, and a salary of $62,000 per year. What is the yearly value of the compensation package?
Answer
The yearly value of the compensation package is $66680 .
Explanation:
As given
A college professor's compensation package includes the total cost of a $325-per-month health insurance plan,
The total cost of a $65-per-month life insurance plan .
A salary of $62,000 per year.
Thus
Total cost of the health and life insurance = Cost of health insurance + Cost of life insurance
Putting the values in the above
Total cost of the health and life insurance = $325 + $65
= $ 390
As 1 year contains 12 months .
Thus
Total cost of the health and life insurance in 12 months = 12 × Total cost of the health and life insurance .
= 12 × 390
= $4680
Yearly value of the compensation package = Gross pay + Total cost of the health and life insurance in 12 months .
= $62000 + $4680
= $ 66680
Therefore the yearly value of the compensation package is $66680 .
joey's father is in a car accident and cannot work. what type of insurance replaces his father's earnings?
a. property and liability
b. health
c. life
d. disability
e. unemployment
The slide you created in the "Your Turn" activity is functional, but a bit on the boring side. In 5–10 sentences, describe changes you would make to the slide to make it more effective.
Explanation
Well first thing, I will do is to follow rule of 6*6. It means 6 bullet points in one slide and 6 words in one bullet point. Too much data makes the presentation boring. I will present the points in my words.
Secondly, using visual aid makes presentation interesting, I will use relevant pictures in my slides. We can find pictures which can represent that particular point.
Thirdly, I will use transition in my slides.
The appropriate location between two extremes is known as: