Answer:
Economies of scale is the cost advantage that arises with increased output of a product. Economies of scale arise because of the inverse relationship between the quantity produced and per-unit fixed costs; i.e. the greater the quantity of a good produced, the lower the per-unit fixed cost because these costs are spread out over a larger number of goods. Economies of scale may also reduce variable costs per unit because of operational efficiencies and synergies.
In 1-3 sentences, explain the role of entrepreneurs in the economy.
Answer: Entrepreneurs are people who usually travel around the world
Explanation:
HELP ME :( Which of the following is not a requirement for substantial performance? Select one: a. Performance must be 99.9% of what was promised and no less. b. The party must have performed in good faith. c. Performance must not vary greatly from what was promised. d. Performance must create substantially the same benefit as was promised.
Answer:
a. Performance must be 99.9% of what was promised and no less.
Explanation:
If performance was 99.9% of what was promised, then it was basically fully performed. It is like saying I will finish this in 1 hour, but it took me 1 hour and 1 second to finish.
Substantial performance allows a party to receive payment even if they didn't fully complete the specific terms of a contract. In some states, a % is used to measure substantial performance and it ranges from 2-3% of costs remaining to fully complete a contract.
The substantial performance doctrine basically allows a small deficit on either party involved in a contract. It depends a lot on the good faith that the parties had on completing the work.
What feedback would you give concerning the sourcing of this information? *
Employers are raising their standards when it comes to bringing on new talent. 74% of companies reported increasing the level of education they require for new hires, according to a survey conducted by Northeastern University.
Source:
Northeastern University: https://www.northeastern.edu/graduate/blog/masters-degree-benefits/
Answer:
well im not in business school or learning about it but i can giv emy best shot! so if i were to give feedback to this i would say WOW
Explanation:
Annual Percentage Rate (APR), credit limit, and penalties
and fees are important to consider when
Looking at your
credit score
Choosing a financial advisor
o
Choosing a credit card
Selecting a financial institution
Answer:
Choosing a credit card.
Explanation:
A credit card is a plastic rectangular card issued by financial institutions such as banks, that allows the cardholder to purchase goods or services from merchants on credit.
Credit cards offers it's users convenience to access a line of credit and thus, eliminates the need to carry cash (money) or check around.
The important criteria to consider when choosing a credit card are;
1. Annual Percentage Rate (APR).
2. Credit limit.
3. Penalties and fees.
4. Cash back.
The annual percentage rate (APR) is the annual interest derived by a total charged to borrowers or payable to investment.
What is a credit card and why is it important?Credit cards, when used appropriately, may be important instruments for earning rewards, traveling, dealing with crises or unanticipated spending, and improving credit.
A rewards credit card, as the name suggests, pays the cardholder for making purchases. Rewards can differ depending on the issuer and card type.
Thus, Option C is correct about APR.
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Why is Earned Value a very powerful tool? Answer: It combines the cost, scope, and ____________ as an integrated tool to calculate project performance. It also allows us to do _______________ under different estimating assumptions as discussed earlier.
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Answer:
It's A im thinking
Explanation:
Answer:
Choice A
Explanation:
Two ours should be maximum, otherwise the food might be contaminated, after two hours.
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Answer:
Choice A
Explanation:
Washing hands will prevent food hazards, germs, and more from customers.
Answer:
All of these are correct but to prevent physical hazards, The answer would be C
Explanation:
Compared to a checking account, the rules governing your
use of a savings account are generally more:
Negotiable
Intuitive
Restrictive
Liberal
Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels and mounts, $1 for the plastic board, $1 for the paint, and $10 for the labor. What is the total profit the company earns after selling 100 boards? $300 $350 $3,000 $3,500
Answer:
Profit on sale of 100 skateboards is $3000
Explanation:
Given:
Selling price of each skateboard = $45
Expenses include $3 for the wheels and mounts, $1 for the plastic board, $1 for the paint, and $10 for the labor
To find: Total profit the company earns after selling 100 boards
Solution:
Cost price of each skateboard = $3 + $1 + $1 + $10 = $15
Selling price of each skateboard = $45
Profit on sale of each skateboard = $45 - $15 = $30
Profit on sale of 100 skateboards = $30 × 100 = $3000
The total profit the company earns after selling 100 boards is $3,000.
Total profit:First step is to calculate the total cost
Total cost=($3+ $1 + $1 + $10)×100
Total cost= $15×100
Total cost=$1,500
Second step is to calculate the total revenue
Total revenue=$45×100
Total revenue=$4,500
Third step is to calculate the total profit
Total profit=$4,500-$1,500
Total profit=$3,000
Inconclusion the total profit the company earns after selling 100 boards is $3,000.
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C
The statement, "I have always wanted to work for your company," demonstrates how an applicant can benefit the employer.
Please select the best answer from the choices provided
ОТ
OF
Mark this and return
Save and Exit
Next
Submit
Answer:
its false
Explanation:
Answer:
the answer is false
Explanation:
just took the quiz on EDG!!!
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Answer: B
Explanation: Cockroaches have a strong oily odor from them.
Can u own your own business without your business lincence
Answer:
Yes
Explanation:
If a kid sells things daily to people to make profit then that kid would have a "business"
Rachel is on her way to an interview for the position of a project manager. She is trying to prepare for this interview by analyzing her own skills. Which of Rachel’s skills is relevant to the position of a project manager?
Answer:
Leadership.
Negotiation.
Scheduling.
Cost Control.
Risk Management.
Contract Management.
Critical Thinking.
Communication.
The penalty for illegally using copyrighted work depends on the nature of the copyright infringement. How will the offender pay for infringing on copyright materials?
Answer:
The offender will have to pay attorney fees or have the illegal work confiscated or even go to jail
Explanation:
Copy right infringement means illegal usage of copyrighted works without the owner's express permission. It is a violation of owner's intellectual property or right.
Copywrited works may include films, paintings, novels or creative display of ideas. A particular film for instance may receive protection in copyright law whereby no one can reproduce the film due to the copyright law.
Copywrite holders have sole right to their works which usually lasts throughout their life time and can either be distributed, reproduced or even be displayed publicly.Although there may be permission or licensing from the owner to another party to reproduce his works.
With regards to the above, offenders who infringe on copyright materials will have to pay attorney fees or have the illegal work confiscated or even go to jail.
Answer:
Would have to pay $150,000
Explanation:
Drag each tile to the correct box.
Match each investment example to the type of risk involved with it.
credit risk
inflationary risk
market risk
reinvestment risk
George purchased a US Treasury bond that matures in five years. He plans to purchase a newly issued Treasury bond and hopes it will be just as valuable.
arrowRight
Claretta purchased a Treasury bond that pays 1% interest when the price of goods and services are rising by 2%.
arrowRight
Corbin purchased a corporate bond with a poor rating and a risk of default.
arrowRight
Beth bought a company’s stock in hopes of a quick profit, but the stock price has been very unpredictable.
arrowRight
Answer:
Reinvestment risk ⟶ George purchased a US Treasury bond that matures in five years. He plans to purchase a newly issued Treasury bond and hopes it will be just as valuable.Inflationary risk ⟶ Claretta purchased a Treasury bond that pays 1% interest when the price of goods and services are rising by 2%.Credit risk ⟶ Corbin purchased a corporate bond with a poor rating and a risk of default.Market risk ⟶ Beth bought a company’s stock in hopes of a quick profit, but the stock price has been very unpredictable.Explanation:
Let's review the first scenario. We know that George just bought a bond that will mature in five years. If the bond turns out to be profitable, he intends to buy a new US Treasury bond once his current one matures. This accurately describes a reinvestment risk because he is risking buying a second bond based on the outcome of the first one. Once the bond matures, the interest rates will have fallen, which will make it extremely less likely that newer bonds available to reinvest in will offer the same rewards.Now take a look at the scenario. This one is relatively obvious. Since it states that the prices of goods and services are rising, Claretta's interest won't seem like much after a few years. This makes it an inflationary risk because the inflation rates in her country are rising and her interest returned will buy her less that it would have in the past.Moving onto the third scenario, we can see that Corbin purchased a bond from a corporation that has incredibly low ratings and usually fails to repay their loans. This indicates a credit risk. A credit risk occurs when an investor chooses to invest in a bond issuer that has a history of poor credit reliability. This is clearly the case for this issue and therefore, Corbin has made a credit risk.The final scenario indicates a market risk. A market risk is any factor that affects the overall performance of the financial markets. Since the stock prices in Beth's economy have been unpredictable, clearly something has negatively impacted the market so the stock prices are frequently fluctuating.Answer:
Reinvestment risk ⟶ George purchased a US Treasury bond that matures in five years. He plans to purchase a newly issued Treasury bond and hopes it will be just as valuable.
Inflationary risk ⟶ Claretta purchased a Treasury bond that pays 1% interest when the price of goods and services are rising by 2%.
Credit risk ⟶ Corbin purchased a corporate bond with a poor rating and a risk of default.
Market risk ⟶ Beth bought a company’s stock in hopes of a quick profit, but the stock price has been very unpredictable.
Explanation:
Explain the challenges sole proprietors face when considering whether to expand their business.
Answer:
• Difficulty in obtaining finance
•Unlimited liability risk
• Assuming too many roles
• Heavy decisions making burden
•Going concern
Explanation:
• Difficulty in obtaining finance is one of the many challenges faced by sole proprietors as he seek business expansion. The risk involved in being a sole proprietor is much hence lenders often find it difficult to finance their business.
•Unlimited liability risk is also a challenge against business expansion for a sole proprietor because he faces the risk of loosing his personal assets and that of the business should the business goes bankrupt or liquidate.
• Assuming too many roles poses as challenge to a sole proprietor as he expand his business. In this case, he becomes the manager, customer attendant, cashier etc all of which will become burden on his as the business grows.
• Heavy decisions making burden. A sole proprietor is responsible for making all the decisions regarding his business hence will affect the business as it expands. Some business decisions requires professional advice else the business will collapse in the long run which is often the case with sole proprietors.
• Going concern is an accounting principle which states that a business will continue to exist and into the foreseeable future which is not the case with a sole business owner as his death ends the existence of the business hence a factor against business expansion.
4. What happens if you need your money in either your 401K or Roth IRA at age 40?
Answer:
In many cases, a Roth IRA can be a better choice than a 401(k) retirement plan, as it offers a flexible investment vehicle with greater tax benefits—especially if you think you'll be in a higher tax bracket later on. ... A good strategy (if you can manage it) is to have both a 401(k) and a Roth IRA.
Explanation:
Because it offers additional investment alternatives and higher tax advantages, a Roth IRA may be a better option than a 401(k) retirement plan.
An IRA that allows for tax-free growth and tax-free withdrawals in retirement is known as a Roth IRA.
Utilize all of your available savings and investment options, including your IRA and 401(k), to save as much as you can as early on while also receiving the biggest tax cut possible.
Since Roth IRA contributions are made using after-tax funds, the contribution year does not qualify for a tax deduction.
Therefore, it is better to invest in the 401K option.
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During the recession of 2008 through 2010, Ford
saw sales of its vehicles drop and was forced to
reduce production. This decision reflected changes
in the company's BLANK environment.
Answer:
During the recession of 2008 through 2010, Ford saw sales of its vehicles drop and was forced to reduce production. This decision reflected changes in the company's ECONOMIC environment.
Explanation:
The automotive industry crises occurred from 2008 to 2010, it was basically a part of the financial crisis that started in 2007. It also effected most of the Europe, but the results in America were far worst than any other part of the world. The main reason behind it was the rise in the fuel prices for these vehicles. As Ford didn't offer much fuel efficient models for costumers, their sales started to decline, which resulted in the reduction of production, and changed the companies economic environment.
When there is inflation, a person can definitely expect
many banks to close.
the purchasing power of money to decrease.
a high number of companies to go out of business.
a high rate of unemployment.
Answer:
the purchasing power of money to decrease.
Explanation:
Inflation, in economic terms, refers to the rise in the price of the goods and services for a certain period of time. The value of money is decreased.
With the commencement of Inflation, the purchasing power of the money falls. With the rise in the price, the monetary value of the money decreases which leads to purchase fewer goods and services.
Answer:
the answer is b. Or not, its your choice
Explanation:
[as]
what is the tribal assistance coordination group (TAC-G)?
Tribal Assistance Coordination Group or TAC-G is a Multi-Agency Coordination (MAC) group that assists Federally Recognized Tribes during emergencies and disasters, as well as providing information and technical assistance, for tribal emergency management programs.
What do you understand about Tribal Assistance Coordination Group?The Tribal Assistance Coordination Group or TAC-G is a Multi-Agency Coordination (MAC) group that assists Federally Recognized Tribes during emergencies and disasters, as well as providing information and technical assistance, for tribal emergency management programs.
The TAC-G consists of partners from all levels of government as well as non-profit aid organizations and the private sector. The TAC-G is identified as a unique coordinating structure in the National Response Framework and is instrumental in executing the responsibilities of the Tribal Coordination Support Annex (TCSA) in the NRF’s Emergency Support Function.
The goal of the TAC-G is to provide a focused point of coordination or one-stop-shop” for tribes being impacted by emergencies or disasters.
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Find the total cost, rounded to the nearest cent, of 3.9 pounds of corned beef at $5.49 per pound and 4.6 pounds of pastrami at $4.95 per pound.
Answer: $44.18
Explanation:
Given the following :
Cost of corned beef per pound = $5.49
Cost of pastrami per pound = $4.95
Pound of corned beef = 3.9 pounds
Pound of pastrami = 4.6 pounds
Therefore ;
Total cost = (cost per pound × number of pound)
Total Cost of corned beef = 3.9 × $5.49 = $21.411
Total cost of pastrami = 4.6 × $4.95 = $22.77
Total cost of corned beef and pastrami :
$21.411 + $22.77 = $44.181
$44.18
starting up a lemonade stand
Answer:
STEP 1:
Plan your business
STEP 2:
Form a legal entitity
Step 3:
Register for taxes
STEP 4:
Open a business account and credit card
STEP 5:
Set up business accounting
STEP 6:
Obtain necessary permits and licences
STEP 7:
Get a business insurance
STEP 8:
Define your brand
STEP 9:
Establish your web presence.
Explanation:
I hope this is what you mean
What are financial obligations or money that a business needs to pay others in the future called?
BLANK are financial obligations or money that businesses need to pay others in the future.
Answer:
Liabilities
Explanation:
In economic terms, liabilities are the obligations that are to be paid by one authority to another in the future. They are owned by the company which is left to be settled in the future. The liabilities can be paid off through the means of money, goods, or services. They also include loans, revenues, and accrued expenses.
Which occupation in the architecture and construction industries is expected to have a slower than average job growth? carpenters engineers boilermakers brick masons
Answer:
Boilermakers
Explanation:
Boilermaker are individuals who are into making boilers or large containers that is meant for housing or keeping liquid or gases such as oil or gas. They are involved in fabrication of steel, iron or copper into boilers. There job roles can involves repairs as well.
However, according to Bureau of Labor Statistics, the job growth of Boilermaker is 6%, and with the closure of most Coal Fired power plants in the coming decade, there is going to be lesser demands for boilermaker.
Specifically in building construction, gas boilers are expected to be replaced by low carbon heating system in all new homes, in the near future, this will gradually reduce demand for boilermakers.
Also, considering the increase in energy sector, trying to move away from crude oil to renewable energy such as solar, there will be lesser demand for boilermaker.
Which of the following would cause the supply curve to shift to the right?
technology improves production
The government increases taxes on a business
Input prices for a business become more expensive
the number of consumers decline
Answer:
Technology improves production.
Explanation:
Supply refers to the quantity of goods and services produced and offered to the market for sale.
There are several factors that could cause the supply curve to shift to the right, one of which is technology improves production. An improvement in technology will phase out manual or slow process of production hence shifts supply curve to the right.
When government increases tax on a business, if will affect the income that should have accrued to the business hence supply curve inward. An increase in input prices will affect production cost thereby shifting supply to the left. Also when there is a decline in the numbers of consumers, it will shift supply curve inward because it is these consumers that will purchase whatever that is produced and supplied to the market.
Given half a chance, other people at work will take advantage of you.
Jessica own a 10 acre property rents to a local sheep rancher for $10,000/year. She wants to use this money to expand her business by building a mall for $4 million. Jessica’s total implicit costs of the expansion plan are: A: the cost of construction of mall and fixed costs of the mall. B: the foregone rent and the cost of the mall. C: the foregone $10,000 from the sheep rancher.
Answer:
C) The foregone $10,000 from the sheep rancher
Explanation:
Implicit costs are also known as the opportunity costs. Opportunity costs refers to the cost associated with the choice. Opportunity cost also refers to the benefit that is foregone by selecting or choosing some other alternative.
Here, in our case, there is loss of income (of $10,000 per year) from renting that property to a local sheep rancher by choosing to expand her business.
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The chart shows the marginal revenue of producing apple pies. A 3-column table titled The return on pie production has 8 rows. The first column is labeled Pies produced per day with entries 0, 1, 2, 3, 4, 5, 6, 7. The second column is labeled Total revenue with entries blank, 10, 20, 30, 40, 50, 60, 70. The third column is labeled Marginal revenue with entries blank, 10, 10, 10, 10, 10, 10, 10. According to the chart, the marginal revenue decreases by ten dollars as production increases. increases by ten dollars as production increases. falls to zero dollars as production increases. remains the same as production increases.
Answer:
Remains the same as production increases
Explanation:
The marginal revenue is the additional amount of money earned for every additional unit of pie produced.
As we can see in the question, the marginal revenue remains the same: it is always 10, because every additional unit of pie produces 10 of revenue.
According to the chart, the marginal revenue increases by ten dollars as production increases.
What is marginal revenue?Marginal revenue measures the rate of change of total revenue as output increases. According to economic theory, profit is maximised when marginal revenue is equal to marginal cost.
Marginal revenue = change in total revenue / change in quantity sold
Marginal revenue when output is 3 units = (30 - 20) / (3 - 2) = 10
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1. During pre-planning, the Activities Committee establishes the following project goal: "Optimus XT will promote and organize a clothing drive no later than May 31." Is this a SMART goal? Why or why not? (2 points)