sam, the owner of a small company, learned that a competitor was planning to spend $150,000 on promotion in the next financial year. as soon as he learned this, sam called his finance manager and said, "i want to spend $150,000 on promotion next year." in this case, which method of promotional budgeting does sam use
Suppose two companies own adjacent oil fields. under the two fields is a common pool of oil worth $60 million. for each well that is drilled, the company that drills the well incurs a cost of $4 million. each company can drill up to two wells. what is the likely outcome of this game if each company pursues its own self-interest?
a. each company drills one well and experiences a profit of $26 million.
b. each company drills one well and experiences a profit of $22 million.
c. each company drills two wells and experiences a profit of $22 million.
d. one company drills two wells and experiences a profit of $32 million; the other company drills one well and experiences a profit of $16 million.
Final answer:
When two companies pursue their own interest with a common oil pool, they are likely to drill two wells each, resulting in a profit of $22 million for each, making option c the most likely outcome.
Explanation:
Suppose two companies own adjacent oil fields, with a common pool of oil worth $60 million underneath. Each well drilled incurs a cost of $4 million, and each company can drill up to two wells. When each company pursues its own self-interest in this scenario, the likely outcome is that each company drills two wells. Here's how the profit is calculated: The total value of oil is $60 million. If both companies incur the cost of drilling two wells each ($4 million x 4 wells = $16 million), the remaining profit is $44 million. This profit is divided equally between the two companies as the oil pool is common, resulting in a profit of $22 million for each company, after considering the $8 million expense for drilling the two wells.
This aligns with option c. It illustrates a classic case of the negative externality leading to over-drilling in pursuit of self-interest, where a common resource is exploited beyond the optimal point, reducing overall profit due to the additional costs incurred by each company.
WILL MARK BRAINLIEST
Scenario: In one year, a bank pays 2% interest on a $1,000 deposit. The same year, the bank charges 12% interest on a $1,000 loan. How much profit does the bank make at the end of the year in this scenario? $100 $120 $140 $2,000
Answer:
100
Explanation:
i just took the test and got it correct
Why might alexandria choose a local movie theater when she could see the same movies for less at a corporate establishment? getting the lowest price on theater tickets is most important to her. she prefers to support local business, even at an added cost. she values lower prices more than support of local business. the movie tickets cost too much at the corporately-owned theater?
Alexandria choose a local movie theater when she could see the same movies for less at a corporate establishment because she prefers to support local businesses, even at an added cost. The correct option is B.
Why should we support the local business conclusions?To summarize, supporting local businesses benefits the community and contributes to the diversity of town centers. Local businesses are more connected to their consumers and other local businesses since they are closer to the community.
Locally held enterprises frequently make more local purchases for their products, needing less transportation and outsourcing. They often consume less land, are located closer to homes, and generate less traffic and air pollution. Shop responsibly. Improve your client service. Discover new and interesting products. Learn about the person behind the company.
Thus, the ideal selection is option B.
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A(n) ________ veto allows the governor to cross out budget lines in the legislature-approved budget, while signing the remainder of the budget into law.
A vote with a 2/3 majority is required to veto the government. The line-item veto allows governors to veto a line or certain clauses in a measure while allowing the rest of the bill to become law.
Line-item vetoes, also known as partial vetoes, are the ability of an executive branch member to veto certain elements of a bill, typically a budget appropriations bill, without blocking the entire legislative package.
Elazar argues that a traditionalistic political culture views the government as essential to preserving the current social order, or the status quo, given the significance of slavery in its construction.
A complete law passed by the legislature is subject to the governor's veto power under every state constitution. several constitutions broadenthe executive's veto authority by allowing veto mechanisms that allow specific provisions of a measure to be rejected or amended.
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Fiber-optic cable most likely would be used in a business network when (1 point) saving money is more important than speed. the installation budget is very limited. electrical or magnetic interference is present. very short cable runs are required.
Fiber-optic cable most likely would be used in a business network when electrical or magnetic interference is present. Thus option C is correct.
What is Fiber-optic cable?Compared to ordinary electrical wires, they can transmit data signals in order of lighting hundreds of miles away. For hard and data transfer connection, fiber optics are utilized. Additionally, it is frequently utilized in mobile telephony like internet, broadcast, and telephony.
In a commercial infrastructure, fiber-optic cable is perhaps most likely to be utilized where there is electric or magnetic interference. It is made of metal foil, twisted wires, or a combination of all three. Coax is very sensitive to electromagnetic fields due to its shield (EMI). Solid electrical wires included in twin axial cable reduce receiver latency.
Therefore, option C is the correct option.
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Tonight's game is expected to draw 75,000 fans. Of these, 40 percent will drive. Each car will bring three fans. How many vehicles need to be parked?
To calculate how many vehicles need to be parked for the game, follow these steps:
Find out how many fans will drive:
40 percent of 75,000 fans will drive.
0.40 x 75,000 = 30,000 fans will drive to the game.
Determine how many fans each car will bring:
Each car is bringing three fans.
Calculate the total number of cars needed:
Divide the total number of fans driving by the number of fans in each car.
30,000 fans / 3 fans per car = 10,000 cars.
Therefore, 10,000 vehicles need to be parked for the game to accommodate the 30,000 fans who will be driving to the event. This calculation assumes that each car will have three fans in it, and all fans who drive will find parking. It's important to note that parking logistics can vary, and event organizers need to plan accordingly to ensure there is adequate parking space available for the expected number of vehicles.
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Roxanne has developed a new adult milk beverage that is enhanced with vitamins. there has never been a product like this before and she is wondering how many cases she should manufacture in the first year of production. roxanne is likely to use the ____________ method to forecast demand.
A process cost system would most likely be used by a company that makes select one:
a. motion pictures.
b. repairs to automobiles.
c. breakfast cereal.
d. college graduation announcements.
What is a reason why someone would use a secured credit card?
Question 9 options:
A) to have every purchase guaranteed with a 5 year warranty
B) To purchase goods in another country
C) To help overcome a bad credit history
D) To get more frequent flyer miles or rewards from the credit card company
your marketing Target analyst does not have to include which of the following
Unemployment can force the economy into a contraction because consumers stop purchasing high priced products.
True
False
A folder is one icon considered a shortcut. True False
Answer:
A. True
Explanation:
Explain four ways your personal financial condition can affect your housing choice.
Free contract is the _____.rivalry among sellers to attract customers while lowering costs concept that people may decide what agreements they want to enter into concept of giving everyone the same legal rights concept that individuals should not have to pay anything to enter into a contract
The free contract is the concept that people may decide what agreements they want to enter into. Thus the correct option is B.
What is a Contract?A contract is referred to as an agreement that is enforceable by law based on the consent of both the parties involved in the deal fulfilling all the elements of a valid contract.
Individuals are allowed to choose the kinds of contracts they want to enter into, according to the free contract theory. If there was no compulsion or fraud involved, the contract could be said to be free.
In the United States, the term "freedom of contract" refers to the legal recognition and protection of a wide range of private individual and business company decisions regarding the use of economic resources in pursuit of profits.
Therefore, option B is appropriate.
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(last word) people who buy foreign currency for the sole goal of selling it at a profit are called:
A person who buys foreign currency with the sole aim of selling it at a profit is called a currency speculator. They operate in the foreign exchange market, buying currencies that they predict to appreciate and selling those they believe will depreciate.
Explanation:People who buy foreign currency with the sole aim of selling it for a profit are called currency speculators. In the foreign exchange market, speculators invest in currencies that they predict will grow stronger, and sell those which they predict will grow weaker. This speculation can create a self-fulfilling prophecy where an expected appreciation leads to a stronger currency and vice versa.
For instance, currency speculators could be involved in currency pair trading where they expect that currency A will appreciate relative to currency B. As a result, they would buy currency A (expecting its value to rise) and sell currency B (predicting its value to fall). This is influenced by several factors like differences in rates of return, geopolitical events, economic indicators among others.
While speculation can influence exchange rates in the short term, it’s important to note that such trading is risky as market conditions can quickly change due to various global events and economic factors.
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Leslie is a newly graduated certified public accountant with a specialty in corporate tax. she wishes to join an organization (not an accounting firm) that will allow her to concentrate on corporate tax and become deeply proficient in this area. leslie should look for a position in a firm with a ______ structure. select one:
a. simple
b. functional
c. multidivisional
d. network
In order to achieve her goal of concentrating on corporate law, the type of structure that Leslie should join is B. Functional.
What is a functional structure?This refers to when departments in a company are created based on their functions in the organization. For instance, account departments, legal departments, and marketing departments.
Joining the legal department would allow for Leslie to focus on corporate law and learn more about it such that she develops proficiency in it.
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What can happen to a business owner who has personal liability for their company?
The cyclical approach is used to calculate gross domestic product.
True
False
Miranda works at a small-batch soda pop manufacturing plant. for eight hours a day, she uses her right hand to lift individual bottles of soda pop off the production line and place them in packing crates. lately her right elbow has been hurting, so she visited her doctor, who diagnosed her with _______.
A result of the new international division of labor would be
You receive an email from someone who claims to be a representative from your credit card company. The email asks you to click on a link to reset your password to the company's website. You should proceed with caution because the email may be a(n) _______ attempt.
Suppose you operate a factory producing lawn mowers. your current level of output is 500 lawn mowers per week. your weekly variable cost is $30,000. if your total cost is $40,000 per week, it follows that:
a.the average variable cost of production is $80.
b.the average cost of production is $80.
c.the average fixed cost of production is $80.
d.the average variable cost of production is $100.
In a contract, what is consideration? A. Exchanging things of value B. Breaching the contract C. A business tort D. The minimum age for the contract Please select the best answer from the choices provided A B C D
When tina stepped up to serve as the organizer for the sustainability committee's organizational meetings, she decided to get the group organized by having anyone who was interested join her for an open forum where they could help define the group's mission, identify problems, and brainstorm some actions they could take to help their campus go green. what leadership style was tina using?
In the State of Florida if you are convicted for unlawful speeding that results in a collision you will be assessed ______ points. 3 4 6 5
Answer
In the state of Florida, if you are convicted for unlawful speeding that resulted in a collision; you will be assessed 6 points.
Explanation
It is vital a driver understands the working of the point system so as to keep maintaining a clean driving record. The points are given per the infraction depending on the severity of the offense. For example , the license suspension parameter and time period for 12 points is 30 days.
What are the steps in preparing and passing the federal budget?
Erp is software designed for _____ and ______ business processes.
ERP is software designed for integrating and optimizing business processes.
ERP, or Enterprise Resource Planning, is software designed for integrating and optimizing business processes across various departments within an organization. It enables seamless communication and data flow between different functions such as finance, human resources, supply chain, and manufacturing. By providing a unified system, ERP enhances efficiency, reduces redundancies, and ensures that all departments have access to real-time information. This integration facilitates better decision-making, improves overall productivity, and streamlines operations. Additionally, ERP systems can be customized to meet the specific needs of different industries, making them versatile tools for both large enterprises and small to medium-sized businesses.The four career pathways in Finance are:
A. Banking and Related Services, Insurance Services, Retail Sales, and Business Financial Management.
B. Securities Law, Insurance Services, Financial and Investment Planning, and Business Financial Management.
C. Banking and Related Services, Retail Sales, Securities Law, and Business Financial Management.
D. Banking and Related Services, Insurance Services, Financial and Investment Planning, and Business Financial Management.
Answer:
D is the answer
Explanation:
The correct answer is D. The four career pathways in Finance include Banking and Related Services, Insurance Services, Financial and Investment Planning, and Business Financial Management. These pathways are crucial for capital formation, risk management, and overall economic stability.
Explanation:The four career pathways in Finance are:
D. Banking and Related Services, Insurance Services, Financial and Investment Planning, and Business Financial Management.
Financial institutions play a critical role in the economy by offering various services that affect households and businesses. Banks and financial intermediaries coordinate supply and demand in the financial capital market, providing checking accounts, savings accounts, and certificates of deposit which are insured under the FDIC. This stability is crucial for both individual financial security and overall economic health.
Understanding the importance of savings and investment is vital for capital formation, which is the basis for economic growth. By investing in the stock market or other financial assets like bonds, stocks, mutual funds, individuals can diversify their portfolios to balance risk and potential return. The four finance pathways reflect a range of opportunities for professionals to guide and enhance saving, investment, and wealth management practices.
Insurance services provide protections against financial losses, which is a crucial aspect of personal financial planning. The pathway of Financial and Investment Planning focuses on assisting individuals in developing strategies to grow their wealth, manage risks, and prepare for retirement.
Lastly, Business Financial Management requires professionals to manage an organization's finances, ensuring long-term solvency and handling the strategic planning of the company's financial future.
What percentage of your income after you retire will probably come from social security and from your employer?
After someone retires, you can expect to get 35 percent of your income from social security and your employer. As, while someone was working they take 35% from his income and give that back while retirement.
What is the definition of retirement planning?Retirement planning is the process of putting money aside, investing it, and then distributing it in order to live well in retirement. Many popular investment vehicles, such as individual retirement accounts (IRAs) and 401(k)s, allow retirees to grow their money while benefiting from certain tax benefits.
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