GDP is not a determinant of the price elasticity of demand; the main factors are availability of substitutes, the good's relative importance in the consumer's budget, and whether the good is a necessity or a luxury.The correct answer to the student's question is D - GDP.
GDP is not a direct factor affecting the elasticity of a good. The key determinants of price elasticity of demand include: the availability of substitutes, the good's relative importance in the consumer's budget, and whether the good is a necessity or a luxury. If a good has many substitutes, consumers can more easily switch to alternatives if the price changes, which increases the elasticity. A good that takes up a significant portion of a consumer's budget is likely to be more elastic because consumers will be more sensitive to price changes. Necessities tend to have inelastic demand because consumers will buy them regardless of price changes, while luxuries often have more elastic demand as consumers can forgo these if prices rise.
How can domestic companies that outsource manufacturing to foreign factories ensure that their vendors adhere to ethical standards m
Answer:
They can monitor, enforce, and commit to finding solutions that work for all parties involved.
Explanation:
Which type of resources are used to meet obligations to investors and creditors?
A. Tangible
B. Intangible
C. Material
D. Financial
Financial resources, which include cash, investments, and credit, are used to meet obligations to investors and creditors. They are used to pay interest, dividends, salaries, and to invest in new projects.
Explanation:The type of resources that are used to meet obligations to investors and creditors are Financial Resources. Financial resources include cash, investments, and credit. They are used to meet immediate obligations such as paying interest to creditors, dividends to shareholders, and salaries to employees. In addition, financial resources are also used for longer-term obligations like repaying loans or investing in new projects. Without sound financial resource management, a business may face liquidity issues that could lead to inability to meet its financial obligations.
The resources used to meet obligations to investors and creditors are financial resources. Financial resources refer to the funds that a company has available to meet its financial obligations, such as paying off loans and providing returns to investors. These resources can include cash, investments, and other liquid assets.
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Craig is a 25-year-old web developer. Because of his young age, his financial planner suggests an aggressive investment approach. Which type of an investment would you expect to find
in Craig's portfolio?
Bonds
Stocks
Mutual Funds
Money Market Account
Answer:
The correct answer would be option B, Stocks.
Explanation:
Craig is a 25 year old young boy who wants to invest his savings somewhere. So his financial planner suggests him to invest in aggressive investment options. Aggressive investment approach involves investing in such options that would give greater returns by taking higher degree of risks.
So the investment option in which the risk is higher is Stocks, with the greater level of return as well.
Stocks are considered to be the most volatile products for investment. For example if someone buys the stocks of some good company, the chances are, the person can enjoy good profits within short period of time, but the risk factor is also there. The stocks never behave predictably. The movement of stocks are unpredictable. So the chances of risks are high. It is said that 'high risk high return' is the best strategy to be used if you are looking for the aggressive approach of investment. So stocks are best suited for Craig.
Craig is a 25-year-old web developer. Because of his young age, his financial planner suggests an aggressive investment approach. Stock type of investment you expect to find in Craig's portfolio. The correct option is B.
Due to Craig's youth, his financial planner advises an aggressive investment strategy; as a result, his portfolio is likely to contain a higher percentage of stocks.
Compared to bonds or money market accounts, stocks are viewed as a higher-risk, higher-reward investment. Stocks have the potential to produce significant returns over the long term, and aggressive investors are more ready to take on bigger risks in search of possibly higher profits.
Thus, the ideal selection is option B.
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What are the steps for writing a check?
Sign the front of the check, write the bank's name, and write the date you want the check to be cashed.
Enter the date, write the check number, write the amount in numbers, and sign the front of the check.
Enter today's date, write the payee, write the amount in numbers, write the amount in words, and sign the back of the check.
Enter today's date, write the payee, write the amount in numbers, write the amount in words, and sign the front of the check.
Answer:
Enter the date, write the check number, write the amount in numbers, and sign the front of the check. ( second choice)
Answer:
The correct answer is Enter the date, write the check number, write the amount in numbers, and sign the front of the check.
Explanation:
The correct way to write a check is as follows:
You must first write the full date, including day month and year in the top right corner, followed by the check number.
Then you must write the name of the person who will receive the check and the amount of money that person will receive, written in numbers, and repeat this number but written in letters.
Once you finish this, you must sign your check to be valid, otherwise your check will not work.
Which business model is used by some of the software development companies that create apps for smart phones?
Answer:
FREEMIUM
FREEMIUM APPLICATIONS THAT ALLOW MULTIPLE PURCHASES
FREEMIUM APPLICATION ADVERTISING
ASSOCIATE WITH A SPONSOR
VIDEO ADVERTISING
PROMOTIONAL SERVICES
PAID APPLICATIONS
Explanation:
FREEMIUM
It is one of the best ways to monetize your application by offering it for free. Users have to buy it at least once to receive all the benefits of the application.
FREEMIUM APPLICATIONS THAT ALLOW MULTIPLE PURCHASES
It is a freemium application that allows users to put more money while using the application.
FREEMIUM APPLICATION ADVERTISING
Advertising is the best idea for any application editor. The application is offered free of charge, if users can support advertisements or simply buy a premium version without having these disturbing ads.
ASSOCIATE WITH A SPONSOR
Now many applications have become partners for a particular sponsor and advertising is diminished.
VIDEO ADVERTISING
A short video can be shown to customers, which is more attractive.
PROMOTIONAL SERVICES
Necessary to be able to earn more money.
PAID APPLICATIONS
It is a business model that has the potential to earn money
Answer:
Freemium: The freemium business model is a mix of “free” and “premium” offers for consumers. This business model is popular with software development companies that create apps for smart phones. For example, these businesses offer a certain app to users free of cost. However, users can use advanced features of the app only after paying a premium fee.
Explanation:
Coyped form the lesson exactly
11. If you saw an employee take damaged merchandise that had been thrown away, what would
you do?
If you notice an employee taking damaged merchandise that had been thrown away, it's recommended to report it to a superior, provided it contravenes company policy. It is always prudent to familiarize yourself with the company’s policy regarding disposed merchandise. Always follow the ethical guidelines of the company and legal standards.
Explanation:If you saw an employee take damaged merchandise that had been thrown away, what you do next could vary depending on multiple factors. However, a very general guideline is to report the incident to a manager or superior. The merchandise, although it has been thrown away, still technically belongs to the company, and taking it could violate policy.
Before doing anything else, it is essential to familiarize yourself with the company’s policy on disposed merchandise. Some companies allow employees to take damaged or tossed goods, while others strictly prohibit it. It is always best to do what fits within the ethical guidelines of the company and legal standards.
Err on the side of caution and take the safe path by reporting the event directly to your superiors who can handle the situation in an appropriate manner.
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The following information is given:
Income before interest and tax $20,000
Debt capital $100,000
Interest on debt capital 5%
Tax rate 30%
What is the amount of tax paid for the year?
The amount of tax paid for the year is $ [blank]
Answer:
The amount of tax paid for the year is $4,500
Explanation:
Income before interest and tax $20,000
Interest Earn (Paid) $5,000
Pre-tax profit $15,000
Tax $4,500
Profit $10,500
What is the purpose of the qualifications section of a resume
Answer: so that you can be placed with the right job
Explanation:
Which concept do businesses use to earn income?
Businesses use the concept of profit to earn income. They subtract total costs from total revenue, invest in better or less expensive products, and take financial decisions like reinvesting profits or borrowing to fund future projects.
Explanation:To earn income, businesses typically use the concept of profit. This is achieved by subtracting their total costs from their total revenue. In simpler terms, profit = Total Revenue - Total Cost. In a competitive market, these profits serve as an incentive for businesses to expand or even encourage new firms to start production, a scenario often referred to as 'entry'.
Moreover, businesses work towards producing better or less expensive products. This not only enhances profits but also increases the income of their employees. This balanced approach generally results in a net gain for the nation as a whole.
Furthermore, firms often make financial decisions involving investment money for future profits. For instance, buying a machine, building a new plant, or embarking on a research and development project. These investments can be funded in several ways, including from early-stage investors, by reinvesting profits, borrowing through banks or bonds, or selling stock.
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Businesses use the concept of profit to earn income. Profit is calculated by subtracting the total cost from the total revenue. By maximizing profits, businesses can grow and expand, increasing their income and contributing to economic growth.
Explanation:Businesses generally use the concept of profit to earn income. Profit is calculated by subtracting the total cost from the total revenue. It is the financial gain that businesses aim to achieve by offering products or services to consumers. For example, if a business sells a product for $10 and it costs $7 to produce, the profit would be $3.
This profit can then be reinvested in the business, used to pay employees, or distributed to shareholders. Therefore, by maximizing profits overall, a businesses can grow and expand, increasing their income and contributing to economic growth.
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• Compare and contrast the characteristics of the academic and practitioners research communities and explain which audience your research is going to present its findings to and why?
Answer:
The research is aimed to reach the academics audience because the terminology, the structure of the research report and the analisys of the findings should reach academic standards, being a starting point for developing practical strategies to bring together practical inconsistancies
Academic research, often theoretical and peer-reviewed, aims at advancing knowledge whereas practitioners' research, usually applied and non-peer-reviewed, targets specific practical solutions. The audience to present research to depends on the research goals.
Explanation:The academic and practitioners research communities differ in several ways. Academic research is often theoretical and aimed towards advancing knowledge in a particular field. It is typically peer-reviewed, and it encourages novelty and rigor in its approach. It's often published in academic journals and is free from external influence. However, this type of research can sometimes lack practical application.
On the other hand, practitioners' research, which often takes place in business or professional settings, is more applied and seeks to solve specific, practical problems. It is usually commission-based and often conducted under a tight schedule. It's often not peer-reviewed and is published in reports for the organization that funded it. Sometimes it might not be publicly available. Yet, its results are typically more immediately applicable in a real-world context.
As to which audience I would present my research findings to, it would depend on the nature and objectives of my research. If my research aims to contribute to theoretical knowledge, I'd most likely present it to the academic research community. However, if it serves to resolve a practical problem or inform decision-making in a specific context, I'd target the practitioners' research community.
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Which strategy will help Jude sustain a competitive advantage by strengthening product distribution?
A.
following the differentiation strategy
B.
following the cost focus strategy
C.
following the cost leadership strategy
D.
maintaining customer loyalty
E.
maintaining strong vendor relations
Answer:
I can confirm E is correct
Explanation:
It's in the lesson plan that talks about 'strategies that improve your competitive advantage'. It took me awhile to find it, but I finally did. It was under the sections that bold terms and gives definitions.
If you had to recommend one product which product would you recommend they create?
Answer:
I would recommend that they create technological products that allow the preservation of the environment, and the good use of resources.
C) A sustainable and eco-friendly personal care product line.
Market Demand: There's a rising demand for sustainable products as consumers prioritize brands that demonstrate a commitment to the environment. This trend is evident in various sectors, including beauty and personal care.
Health Awareness: Many traditional personal care products contain harmful chemicals. An eco-friendly line can address consumer concerns about health and safety by offering natural ingredients.
Social Responsibility: Brands that promote sustainability often resonate better with consumers. They can foster loyalty and create a positive brand image. This can differentiate the company in a crowded market.
Regulatory Compliance: As governments worldwide become stricter about environmental regulations, businesses adopting sustainable practices will be better positioned to comply with regulations and avoid potential penalties.
Complete question-
If you had to recommend one product for a company to create, which product would you recommend?
A) A cutting-edge fitness tracker with advanced health monitoring features
B) A budget-friendly, high-performance laptop for students
C) A sustainable and eco-friendly personal care product line
D) A smart home device that integrates seamlessly with existing technology
By the time you reach the restaurant, you are no longer feeling hungry because the billboard made you realize how out of shape you have become. As you try to figure out the best light beer to buy from the list, you remember that one advertises with the slogan, “The Ultimate Light Beer Experience,” and decide to give it a try. This slogan can be termed as “puffery.” Why?
Answer:
Some advertisement use exaggerated and false praise in order to increase their sales.
Explanation:
In the above situation this advertisement is using the Slogan which is termed as puffery because there is no such thing as light beer all kinds of beer has same amount of sugar and calories.
The advertisement is a false praise of serving a light beer which will help you feel light and won't grow the beer tummy. Therefore, this is a correct example of Puffery slogans.
Final answer:
The slogan “The Ultimate Light Beer Experience” is considered puffery because it's a subjective promotional claim not intended to be taken literally, aimed at evoking emotions rather than presenting verifiable facts.
Explanation:
The slogan “The Ultimate Light Beer Experience” can be termed as “puffery” because it represents a promotional statement or claim that is subjective, not intended to be taken literally, and which no “reasonable person” would believe to be a factual claim about the product. Puffery is commonly used in advertising to create a favorable image or emotional appeal for the product without providing a concrete, verifiable fact. This technique is evident in advertisements that aim to evoke emotions or imagery, such as beer commercials that associate the product with happiness, relaxation, or a particular lifestyle, instead of directly stating a specific, quantifiable benefit of the product. For example, associating a beer with luxurious relaxation on a tropical beach without claiming the beer tastes great is puffery, as it relies on emotional appeal rather than factual information.
What situation is considered reinforcement?
A. Receiving "thank you" from somebody after doing something nice.
B. The inability to get a job due to prior criminal history.
C. Earning an A despite not studying or listening in class.
D. Refusing to leave a tip for service that was bad.
Answer:
What situation is considered reinforcement?
A. Receiving "thank you" from somebody after doing something nice.
Explanation:
The action or process of strengthening
Answer:
c) Earning an A despite not studying or listening in class.
Explanation:
In conduct brain science, fortification is an outcome applied that will fortify a living being's future conduct at whatever point that conduct is gone before by a particular predecessor upgrade.
This fortifying impact might be estimated as a higher recurrence of conduct, longer span, more prominent size, or shorter inactivity.
Evaluate the sample Registered Nurse résumé, considering content, format, style, effectivness, etc. On a scale of 1-10, 10 being the best, what score would you give the résumé? Why?
Answer:
As a matter of first importance, managers need to know whether you're equipped for the activity. Procuring chiefs invest the vast majority of their energy skimming through resumes to recognise catchphrases that match the expected set of responsibilities.
Explanation:
Each time you go after a position, cautiously dismember the activity posting. Make a rundown of abilities, information, and experience required for the position that match your experience.
After you've made a rundown, distinguish the most grounded matches. These will be the catchphrases you'll use all through your resume.
Answer:
What is the level of training required for the position? If graduation is required, separate only curricula that meet this requirement. If there is more flexibility at this point - such as accepting undergraduate applicants - you can create two curriculum folders, one for those who have already completed the course and one for those who are still studying.
Which one should you prioritize?
The closer to the job profile, the greater the chances of hiring more assertively. Still you may have a hard time finding candidates that meet all the requirements of a job opportunity. Prioritize the resumes of people with a college degree completed, but leave the second folder on standby - you may need to review these profiles.
Explanation:
Sara has been reading about different types of financial grants, including Federal Pell Grants, Academic
Competitiveness Grants, SMART Grants, and TEACH Grants.
Which statement about these grants is true?
Filling out a FAFSA will not help her apply for these grants.
She will not have to pay back any funds she receives from these grants.
These grants only go to students with less than a 3.0 GPA.
She will have to pay back all the funds she receives from these grants.
Answer:
She will not have to pay back any funds she receives from these grants.
Explanation:
These grants are completely merit based and she don't have to pay back. These grants are actually awarded to competitive students and they have to maintain their CGPA to remain eligible for these grants.
Answer:
the answer is b on e dgenuity2020
Explanation:
What two things do you consider when evaluating the time value of money?
Items that are not a nesscity?
If so I think about what i need first because thats more important
And I think about how much im about to spend... if it is more that what u have or rlly close its not worth it..
I need help please and thanks 1-5
Answer:
AHHHHHHHHHH Thats alot of hard questions
Explanation:
What degrees do you need to be veterinary technician?
In order to become a veterinary technician you must have a "high school diploma, a four year bachelor degree, or even a associates degree." A veterinary technician usually are the doctors who would draw blood, assist surgeries, giving medications to animals, and help supply anesthesia.
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It is always a good idea to bring along extra
in case you need them.
A. résumés and references
B. cover letters and closing letters
C. cover letters and applications
D. self-assessments and reviews
Answer:
In my personal opinion A would ve the best answer
Explanation:
what if you have two job interveiws and the first one wants to for sure keep it
Answer:
A. résumés and references
Explanation:
Economists believe that scarcity is
Answer: Economists conduct research, collect and analyze data, monitor economic trends, and develop forecasts on a wide variety of issues, including energy costs, inflation, interest rates, exchange rates, business cycles, taxes, and employment levels, among others. Therefore, they would believe that scarcity is how societies use scarce resources to produce valuable commodities and distribute them among different people (refers to the basic economic problem; the gap between limited sources).
Economists believe that scarcity is a fundamental concept in economics. It refers to the limited availability of resources in relation to unlimited wants and needs.
Explanation:Economists believe that scarcity is a fundamental concept in economics. It refers to the limited availability of resources in relation to unlimited wants and needs. Scarcity is a problem because it necessitates choices to be made. Individuals, businesses, and governments must decide how to allocate scarce resources to meet their various needs and wants.
Thus, it is a fundamental economic problem where resources are limited, while human wants and needs are infinite. It necessitates choices and trade-offs, as individuals, businesses, and societies must allocate resources efficiently to meet their various needs and wants. For example, if there is a limited amount of a certain product, like smartphones, and many people want to buy it, scarcity will drive up the price because demand exceeds supply.
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Describe some alternative means for deciding questions of representation.
Answer:
Right to expression should not be ignored. Long term process should be made swifter.
Explanation:
There should be some flexibility while deciding questions of representation. Right to expression should be given to the workers in an organisation. Working environment plays a very important role in any organisation which is built by the workers themselves. It should be taken care of.
There should be a transparent relationship between the workers and the organisers. Their basic rights should not be neglected. There is a basic need to recognise the labour and their needs and wants.
Samantha works as a marketing manager for a cosmetics manufacturer. She plans to suggest a specific type of business model that will lead to increase in the company’s sales to the business’s owner. She wants to motivate the company’s employees to recruit their friends, neighbors, and other contacts to carry out direct sales for the company’s products. According to Samantha’s plan, the company’s employees will receive a percentage of the sales revenue that the company makes through the new recruits. Which business model does Samantha have in mind?
A. franchise
B. subscription
C. multi-level marketing
D. upselling
E. freemium
A) Franchise is a business model Samantha have in mind.
Answer: A) Franchise
Explanation:
Franchise is the business model which is adopted by many business organisation for the purpose of business expansion. Where the other new business holders carry out the business using the company's procedure, brand name etc.
Under the same name and business line, the business is carried out by the new reciters and a amount of their profit is earned by the owner of the business. Here in this case Samantha is using Franchise business model.
Answer:
Multi-level marketing ( C )
Explanation:
Multi - level marketing is a marketing employed by companies the enable the sale of its products and services at faster rate than regular rate. in this method of marketing the services of non salaried workers ( third party or external workers) is employed to generate the sales and revenue using the MLM ( multi level marketing ) method.
The participants in this type of marketing procedures are paid by the company on a percentage basis i.e based on the amount of sales made by the participants on an agreed term.
1. If f(x) = -3x+8, find f (5).
Answer:
Explanation:
Replace x for 5
Then,
F(5) = -3(5) + 8
F(5) = - 15 + 8
F(5) = - 7
What is scientific management
Answer: A management of a business industry or economy
Explanation:
define the term business leadership
Answer:
business leadership
is the capacity of a company's management to set and achieve challenging goals, take fast and decisive action when needed, outperform the competition, and inspire others to perform at the highest level they can.
Explanation:
Final answer:
Business leadership is the ability to influence and guide others in an organization to achieve goals. It includes different styles such as transactional and transformational leadership. Modern research also focuses on the dynamic between leaders and followers to comprehend leadership more deeply.
Explanation:
Business leadership refers to the ability of an individual at the helm of a company or organization to guide and influence others towards the fulfillment of goals. Leaders are typically characterized by a goal-oriented focus on accomplishing tasks, often through the innovative combination of various leadership styles and strategies.
Bernard M. Bass's theory differentiated between transactional and transformational leadership styles. Transactional leaders maintain the status quo using a system of rewards and punishments, while transformational leaders possess charismatic, inspirational, intellectually stimulating, and considerate attributes that drive change within an organization.
Leadership also involves the leadership-style adopted by the leader, whether it's the hands-off approach of the laissez-faire leader or the more controlling approach often seen in executive dominance. Moreover, modern research emphasizes the need to look at the relationship between leaders and followers to truly understand leadership dynamics.
what is the greatest common factor of 24, 40 and 56
Answer:
8
Explanation:
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A stock sells for $6.99 on December 31, providing the seller with a 6% annual return. What was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84
Answer:
Correct option is 6.59
Explanation:
Selling price of stock at the end of the year is $6.99. Annual return rate is 6%. Price of stock at the beginning will be present value of stock valued at the end discounted at 6%. Computation is as shown below:
[tex]Present\ value\ or\ price\ of\ stock = Selling\ price\left ( \frac{1}{1+i} \right )^{n}[/tex]
[tex]= 6.99\left ( \frac{1}{1+0.06} \right )^{1}[/tex]
[tex]= \frac{6.99}{1.06}[/tex]
= $6.59
Therefore, Stock's price in the beginning of the year is $6.59.
Tabitha is considering a position as a nurse practitioner. Based on the graph, what can she learn about her career outlook?
A. The job growth rate for nurse practitioners is about the same as the national
average for employment growth.
B. There will be a growing demand for nurse practitioners in the coming years.
C. Tabitha is going to have a difficult time finding employment openings throughout the country.
D. Tabitha should reconsider her decision to be a nurse practitioner because there will be more jobs available in most other fields.
Answer:
Explanation:
A
Answer:
B
Explanation:
The chart shows a percentage change of 35% on the employment of nurse practitioners.
Marcus is in seventh grade. He has decided that he wants to go to college when he graduates from high school. What
are the best things Marcus can do to help pay for his college education? Select all that apply.
Marcus could open a savings account and start saving money.
Marcus could ask his neighbors to help pay his college tuition.
If possible, Marcus's parents could help him pay for his college expens
Marcus could ask the college to let him attend for free.
Marcus could drop out of high school, get a job, and save his tuition first.
Answer:
A and C
Explanation:
Answer:
•A and C.
•Marcus could open a savings account and start saving money and If possible, Marcus's parents could help him pay for his college expenses.