The answer is 2761.64
Answer:
$2761.64
Explanation:
Ape.x
if the supply of a pair of jeans is less than what would meet customer demand, what would likely happen to the average market price of the jeans?
A. the average market price is exactly the same as the equilibrium price.
B. the average market price is higher than the equilibrium point.
C. the average market price Is lower than the equilibrium point.
D. the spot price and the average market price are the same
Answer:
C
Explanation:
The average market price is lower than the equilibrium point
When supply cannot meet customer demand, it results in a shortage which typically causes the average market price of the item to increase, settling higher than the equilibrium price.
Explanation:If the supply of a pair of jeans is less than what would meet customer demand, the likely outcome is that the average market price of the jeans would increase. When the quantity supplied is less than the quantity demanded, it creates excess demand or a shortage. According to basic economic principles, this shortage puts upward pressure on the price, causing it to rise above the equilibrium point until the quantity supplied and quantity demanded are equal again. Therefore, the correct answer is B: the average market price is higher than the equilibrium point.
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?
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?
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
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A baseball player's son is quite talented; he has received lots of awards over the years. when he gets up to bat, he expects to get a hit, and when he is in the field, he expects to make every catch. according to bandura, what characteristic does this young man seem to have? self-regard self-centeredness self-efficacy self-actualization self-worth
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.
The supported commander's ____________ gives the service components, supporting commands, and agencies a detailed oplan, and it formally tasks those involved to prepare for the operation.
The correct answer is exord. An exord is being defined in military form by which this implies to having an order to be implemented or a specific order to be carried out in which is specified and detailed that are to be provided to the group.
A market maker who acts as a dealer in one or more securities on the floor of the nyse is called a:
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:
Who would most likely be a customer of workers in the architecture and construction cluster?
Answer:
b
Explanation:
A public agency needs specialized services that it does not normally provide. it will be more cost-effective for the agency to buy the service from a private agency. the private agency then assumes responsibility for developing and overseeing service provision. this type of transaction is called:
This contract governs the public agency's acquisition of services from the commercial agency. The agreement is legally binding. It describes the conditions and terms of the services provided.
What is private and public agency?The above-mentioned sort of transaction is referred to as a purchase-of-service contract. The public agency's acquisition of services from the commercial agency is governed by this contract. The agreement is enforceable in court. It outlines the conditions and terms of the offered services.A private corporation is typically owned by its founders, management, or a collection of individual investors. A corporation that has sold all or a portion of itself to the general public through an initial public offering is referred to as a public company. Any individual, partnership, association, business, or other organization that isn't a public agency and is permitted by law to condemn property is referred to as a private agency.To learn more about private and public agency refer to:
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Arises when there are many firms each selling an identical product, many buyers, and no restrictions on the entry of new firms into the industry. ▼ oligopoly monopoly monopolistic competition perfect competition is a market structure in which a large number of firms compete by making similar but slightly different products. ▼ oligopoly monopoly monopolistic competition perfect competition is a market structure in which a small number of firms compete. ▼ oligopoly monopoly monopolistic competition perfect competition arises when there is one firm which produces a good or service that has no close substitutes, and the firm is protected by a barrier preventing the entry of new firms.
Perfect competition is a market with many firms selling identical products, monopolistic competition involves firms selling similar but differentiated products, oligopoly is when a few firms dominate the market, and monopoly is when there is only one firm with a unique product and barriers to entry.
Explanation:The market structure characterized by many firms selling an identical product, with many buyers and no entry restrictions, is called perfect competition. A market with many firms selling similar but slightly different products and competing against each other is known as monopolistic competition. A structure where only a few firms exist and dominate the market, often selling identical or similar products, is termed an oligopoly. Finally, when a single firm produces a unique good or service with no close substitutes and is protected by barriers that prevent new firms from entering, the structure is known as a monopoly. In an oligopoly, firms may face the temptation to collaborate similarly to a monopoly or compete against each other, affecting market outcomes for prices and quantities. In monopolistic competition, firms seek to differentiate their products to stand out, which can lead to non-price competition, such as advertising, but also can result in inefficiencies as firms do not produce at the lowest point on their average cost curves.
A ______ system allocates resources by the order of someone in authority.
Rick is looking to put some money in a savings account with a 3.8% interest rate. he currently has $4,780 saved, and he is trying to save $5,800. what else does rick need to know in order to determine which savings account to choose?
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.
The potential for your monthly living expenses to increase and the fact that your money is not being invested are both _____.
disadvantages to renting
disadvantages to buying a home
advantages to buying
advantages to renting
Answer:
your monthly living expenses increasing and your money not being invested are both disadvantages to renting
Explanation:
Renting a house has a disadvantage because in renting a house your rent aren't fixed and can mostly likely be hiked monthly or even yearly and this contributes to increase in your living expenses without giving you any form of returns on investment. unlike with buying a home where you can claim deductions for mortgage interest and property taxes when you file your tax returns renting a home doesn't give you such
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,
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.
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.
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?
________ in an organization is the division of labor. for example, in a publishing company, there are people who acquire manuscripts (sponsoring editors), people who edit manuscripts (developmental editors), and people who turn manuscripts into printed books (production editors).
The division of labor inside an organization is called process specialization. "Process Specialization" refers to the division of a community's complete work-in-progress into distinct processes and the assignment of distinct individuals to each process.
What is the division of labor?The splitting of a work process into a set of tasks, each of which is carried out by a different person or group of people, is known as the division of labor. It is most commonly used in mass manufacturing processes and is one of the main organizational principles of the production line.
By dividing a complex production activity into many, or many, smaller ones, division of labor integrates specialization and subtask division. The importance of the division of labor in economics stems from the fact that it allows a given number of people to create significantly more output than they could if they were all working independently.
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As of 2011, about how large was the world's human population, and about how long will it take to add another billion
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.
how many people lost their jobs when the minimum wage increased from $12 to $18
A course of action to solve a problem is to choose a(n) _____, a possible course of action.
A course of action to solve a problem is to choose the best possible way for the course of action.
What is course of action?The best possible plan or way which is used or executed by an individual or a firm so that time and energy can be saved is course of action.
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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.
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Through ________, an organization collaborates with customers and other stakeholders to create worth in the new product development process.
list the steps of the decision making process.
What are three characteristics that may make a place well-suited, or poorly-suited, for industry?
In bst, modeling will have the greatest influence if it occurs: