The demand for a good is inelastic with respect to price if the price elasticity of demand is:
Describe a time you had to leverage available resources to solve a problem.
The average firm in each industry must have an m/b ratio that is equal to 1.0. true or false?
a. true
b. false
Worldcom cooked its books by ________. the net effect of this was to make a huge loss look like a sizable profit.
Purchasing the right to use a company's trademark and copyrighted materials is known as _________
Research suggests that the most important determinant of new product success is:
The answer is managerial behavior. It is because this is the most important determinant of new product success because of its application and function of having to provide an increase with the participation of employees and the products that are being consumed by the consumers.
The price index was 136 in one year and 142 in the next year. what was the inflation rate between the two years?
The inflation rate is calculated by finding the difference between two price index values, dividing by the initial value, and multiplying by 100. In this case, the inflation rate between the two years was 4.41%.
Explanation:The inflation rate is calculated by taking the difference between the two price index values, dividing that by the price index at the beginning period, and then multiplying by 100 to make it in percentage terms. So for this problem, the calculation would be:
Calculate the difference between the two price indexes: 142 - 136 = 6 Divide this difference by the first year's price index: 6 / 136 = 0.0441 Multiply by 100 to represent as a percentage: 0.0441 x 100 = 4.41%
So, the inflation rate between the two years was 4.41%.
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The inflation rate between the two years is approximately 4.41%, calculated as the change in the Consumer Price Index (CPI).
Inflation Rate = ((CPI in Year 2 - CPI in Year 1) / CPI in Year 1) x 100
In this case:
CPI in Year 1 = 136
CPI in Year 2 = 142
Now, plug these values into the formula:
Inflation Rate = ((142 - 136) / 136) x 100
Inflation Rate = (6 / 136) x 100
Inflation Rate ≈ 4.41%
So, the inflation rate between the two years is approximately 4.41%.
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Syngman Rhee was not successful doing which of the following? Rebuilding China after the wars Increasing production of China Driving the Communist out of Indo China Negotiating a peace treaty with China
Driving the Communist out of Indo China
Sam’s favorite recipe for fruit punch requires 12% apple juice. how much pure apple juice should he add to 2 gallons of punch that already contains 8% apple juice to meet his standards?
Sam need to add 4% more apple juice to 2 gallons of punch that already contains 8% apple juice to meet his standards.
What is percentage?A percentage is a number or ratio expressed as a fraction of 100 in mathematics. The percent sign, "%," is commonly used, but the abbreviations "pct." and sometimes "pc" are also used. A percentage is a number with no dimensions. It has no unit of measurement.
Sam’s favorite recipe for fruit punch requires 12% apple juice.
The percentage of pure apple juice should be added to 2 gallons of punch that already contains 8% apple juice to meet his standards is calculated as :-
Total percentage of fruit punch = 12%
Percentage already present in fruit punch = 8%
The percentage of pure apple juice should be added = 12%- 8% = 4%
Therefore, 4% pure apple juice should be added to 2 gallons of punch that already contains 8% apple juice to meet the standards.
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Final answer:
To achieve a 12% apple juice concentration in a 2-gallon punch that already contains 8% apple juice, Sam needs to add 0.5 gallons of pure apple juice.
Explanation:
Sam wishes to adjust his punch recipe to achieve a mixture that contains 12% apple juice. To solve this, let's consider the quantities involved: 2 gallons of punch already contain 8% apple juice. The question is how much pure apple juice (100% concentration) should be added to this mixture to reach the desired 12% apple juice concentration.
Let x represent the amount of pure apple juice to be added. The total volume of the new mixture will be 2 gallons + x gallons. In the original 2 gallons, the amount of apple juice is 0.08 * 2 gallons (since 8% of 2 gallons is apple juice). Adding x gallons of apple juice to this, we want the final mixture to have 12% apple juice, or 0.12(2 + x).
Setting up the equation, we have:
0.08*2 + x = 0.12(2+x)
Solving this equation for x gives us the amount of pure apple juice required to meet Sam's desired concentration. By distributing and rearranging terms, the equation simplifies to:
x = 0.04(2)/0.08 = 0.5 gallons. Therefore, Sam needs to add 0.5 gallons of pure apple juice to reach a 12% concentration in his 2-gallon punch mixture.
Ou spend days wandering aimlessly around a park with many different paths that end at different parts of the park. one day when you arrive at the park, you get a call on your cell phone from your cousin whom you haven't seen for years, and she says she is waiting for you in a particular section of the park. even though the paths are complicated and twisted, you manage to find the shortest route to your cousin. tolman would explain your efficient passage through the park as an example of ________.
You're responsible for managing your company's social media accounts. your colleague tells you about how a lot of businesses are using pinterest to promote content. your company doesn't have a pinterest account yet, so he encourages you to create one. how would you respond?
What is the most accurate method for preventing adverse effects associated with the use of digoxin?
Gillette modified its fusion shaving system with the addition of proglide, a five-blade shaver with an additional blade on the back for trimming. its shaving products are most likely in the __________ stage of the product life cycle.
Its shaving products are most likely in the growth stage of the product life cycle because they were able to provide a more advantageous product than any other shaving products that has been introduced or has been shown to the consumers.
What are three main ways to improve a company's economies of scale?
In 1964, republican party presidential nominee ________ was in favor of less taxation and less government regulation of the economy-two ideas that became major themes for the modern republican party.
Ugo's promotion to regional manager at sears with a higher salary and more prestige is an example of what type of vertical social mobility?
No country on the globe is so happily situated... which document is this excerpt referring to
Answer:logos
Explanation:from a-pex
The cost incurred by a firm through the foregone earnings on capital invested is a(n):
Collins machinery has used lifo inventory valuation for the past 10 years. over those 10 years, the prices of inventory have continued to increase. this would result in ________ reserve.
Yet a fever, when allowed to run its course, is actually ____________ .
Select all that apply. ____ is an example of a postsecondary degree.
Master’s
Bachelor’s
Associate’s
Specialist
Several marketing data services provide information on household demographics and lifestyle, purchases, tv viewing behavior, etc. the principle advantage of these services is that
Menu costs of inflation: a. are best described as the costs firms incur by having to change prices either on paper or in the computer. b. are the costs involved with only those goods whose prices are rising faster than inflation; this basket of goods represents the "menu." c. literally mean that restaurants are the most affected by inflation because they are constantly printing new menus. d. mean that because we can choose what goods we consume, we have a menu of inflation to choose from and we can "opt out" by consuming a different "basket" of consumer goods. e. are the costs one incurs when shopping for lower prices.
Menu costs of inflation are the expenses firms incur when they have to change prices due to inflation and are best described as the costs businesses face when they need to adjust their prices.
Explanation:The correct answer is option A: Menu costs of inflation are best described as the costs firms incur by having to change prices either on paper or on the computer.
Menu costs refer to the expenses businesses face when they need to adjust their prices due to inflation. These costs are associated with the need to print new price lists, update computer systems, and communicate price changes to customers.
For example, a company might have to print new catalogues or update their website prices, and these expenses add up. Menu costs are one of the many types of costs businesses encounter as a result of inflation.
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Magnus meets a woman at a party. she gives magnus her telephone number so he can call her. magnus must enter the number into his phone right away; he has about 15 to 20 seconds before his _____ store is depleted
Answer:
im so confused. im sorry.
Explanation:
Manufacturer of skateboards offered a 5/2/1 chain discount to many customers. bob's sporting goods ordered 20 skateboards for a total $625 list price.
a. what was the net price of the skateboards? (round to the nearest cent.) net price $
b. what was the trade discount amount? (round to the nearest cent.) trade discount $
Final answer:
To find the net price, each successive discount of 5/2/1% was applied to the initial $625 list price, resulting in a net price of $575.86. The trade discount amount is calculated by subtracting the net price from the list price, which equals $49.14.
Explanation:
To solve Bob's Sporting Goods' problem regarding the net price and trade discount of the skateboards, we need to understand the chain discount of 5/2/1 offered by the manufacturer and apply it to the list price of $625.
First, calculate the successive discounts on the list price. The first discount is 5%, the second is 2%, and the third is 1%.To calculate the net price after the first discount: $625 * (1 - 0.05) = $593.75.Then, apply the second discount: $593.75 * (1 - 0.02) = $581.88.Finally, apply the third discount: $581.88 * (1 - 0.01) = $575.86.The net price of the skateboards is therefore $575.86, rounded to the nearest cent.To find the trade discount amount, subtract the net price from the list price: $625 - $575.86 = $49.14.The net price of the skateboards for Bob's Sporting Goods is $575.86, and the trade discount amount is $49.14.
Naomi, Macy, and Sebastian have 234 stamps in all. Naomi gives 16 stamps to Macy and 24 stamps to Sebastian. Naomi then has three times as many stamps as Macy, and Macy has twice as many stamps as sebastian. How many stamps does Naomi have at first?
The decline of newspapers raises concerns because in comparison to television news, newspapers tend to contain more
What are the six characteristics of money? explain how the u.s. dollar has those six characteristics?
Money refers to any acceptable medium of exchange used in settling of debt and fund transactions.
Some characteristics of general money includes:
Durability: Money must e able to withstand physical, tear, pressure. Portability: People need to be able to take money with them as they go about their business Divisibility: Money must be easily divided into into smaller denominations or units of value. Uniformity: Money must be uniform.Limited supply: Money must be available only in limited quantities Acceptability: It must be acceptable for exchange of goods and servicesHence, the U.S. dollar has the characteristics explained above
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In what ways did the church gained economic power during the middle ages
The church gained economic power during the middle ages because of the following;
- Innovations that develop and had took place
- There was a presence of hierarchy in the organization
- The pope gained supreme power gaining power to the church
Bram buys a bulldozer from construction equipment corporation, which he leases to earth movers, inc. in this situation, the lessee is