Answer:
Option "D" is the correct answer to the following question.
Explanation:
If two countries produce two items separately or produce both goods simultaneously, then the opportunity cost of both those goods are opposite to each other.
In the given question, Korea is capable of producing shoes or football i.e the opportunity cost of shoes will be inverse of the opportunity cost of football or the opportunity cost of football will be inverse as the opportunity cost of the shoes because the country is capable of producing either item or can form a balanced mixture of both.
Final answer:
Korea's opportunity cost of producing shoes is the inverse of the opportunity cost of producing soccer balls. Korea may still benefit from specializing in the production of the good for which it has a comparative advantage, even if it can efficiently produce both goods.
Explanation:
If Korea is capable of producing either shoes or soccer balls or some combination of the two, then Korea's opportunity cost of shoes is the inverse of its opportunity cost of soccer balls. This is because the resources devoted to producing one good are not available for producing the other, thus the opportunity cost of one good will always be related to the opportunity cost of the other. However, if Korea has an absolute advantage in the production of both goods compared to another country, it may still have a comparative advantage in the production of one of the goods. This comparative advantage is identified by which good has a relatively lower opportunity cost to produce.
In the context of international trade and economics, if Korea is more efficient in production than any trading partners, the benefit from trade might come from specializing in the good for which Korea has the comparative advantage (not necessarily the absolute advantage) and trading for the other good. This allows Korea to maximize efficiency and potential gains from trade even if it has the capability to produce both goods efficiently.
Bioplus Inc. has introduced a new anti-aging cream in the market with a price that is higher than those of similar products from its competitors. At which position should Bioplus Inc. include the price in its sales message?
Answer:
late in the message, after most of the advantages of a product have been discussed.
Explanation:
The stardard procedure for introducing a higher price especially for new products is to include it after sharing the advantages of the new product.
It is essential because the core message that people or intending buyers want to hear are the benefits of the new product and how it can work better than what they have been using before.
The pricing should come at a later stage after which most of the information have been shared and not at the begining otherwise , it will scare intending buyers away due to its high price coupled with the fact that there exist similar product for other brand with lower prices in the market.
Suppose that a government auctions 40 licenses each month. last month, in the first auction, 25 people bid 3.2 pounds of protein, 20 people bid 3.1 pounds, 15 people bid 3.0 pounds, 5 people bid 2.9 pounds, and 10 people bid 2.8 pounds.
Answer:
The answer is, the lowest bidding price is 3.1 pounds of protein
Explanation:
Solution
Given that:
For sustainable outcome, the government must give sustainable number of licences
The government is going auctions 40 licenses each month. the lowest winning bid would be lowest price at which the licences are given out y the government.
The government will start from the highest then to the lowest bid
So,
The number of people or individuals to be considered are 25 25 people bid 3.2 pounds and 20 people bid 3.1 pounds
so, the lowest bidding price is 3.1 pounds of protein.
Therefore, the lowest winning bid in the auction last month is 3.1 pounds of protein
You write one MBI July 139 call contract (equaling 100 shares) for a premium of $17. You hold the option until the expiration date, when MBI stock sells for $150 per share. You will realize a ______ on the investment.
Answer:
$600 loss
Explanation:
A call option is defined as a contract that exists between ba buyer and seller of a call option to exchange securities held at a particular price within a specific period.
To calculate the profit realised on the investment
Profit from call option= (150- 139) * 100
Profit from call option= $1,100
Profit from premium= 17 * 100
Profit from premium= $1,700
Profit on investment= Profit from call option - Profit from premium
Profit on investment = 1,100 - 1,700 = -$600
So there is a loss of $600
Answer: $600 profit
Explanation:
Call contract = $139
Number of shares = 100
Selling price per share = $150
Premium = $17
(Call contract - selling price) × number of shares
($139 - $150) × 100 = -$1100
Total premium = $17 × 100 = 1700
PROFIT / LOSS ON investment = - $1100 + $1700
= $600
OR
Short call profit = Min [0, ($139 - $150)(100)] + $1700 = $600
$600 profit
Willetta Company purchases inventory for $11,000 with terms 2/10, n/30. It then returns $2100 of the inventory purchased to the supplier and also receives an allowance for defective inventory of $110. The company pays the amount due within the discount period. What is the amount of the discount that will be taken?
Answer:
The amount of discount that will be taken is $176.
Explanation
The amount of discount that will be taken shall be based on the value of accounts payable that is eligible for payment after the final adjustments have been made.
The accounts receiveable amount after adjustment of returned purchases and defective goods is calculated below;
Accounts receiveable and eligeable for payment = Purchase inventory-Returned inventory purchase - Allowance for defective inventory
Therefore;
Accounts receiveable and eligeable for payments =$11,000 - $2,100 - $110
=$8,790
Therefore;
The account payable that is eligible for discount amount is $8,790*0.02
=175.8
=$176. Rounded to the nearest dollar amount.
Young Company lends Dobson industries $40000 on August 1, 2022, accepting a 5-month, 9% interest note. If Young Company prepares its financial statements as of December 31, 2022, what adjusting entry must it make
Answer:
INTEREST RECEIVABLE - - - - - - - - - 1500
INTEREST REVENUE - - - - - - - - - - - 1500
Explanation:
Lent amount = $40,000
Interest rate = 9%
Duration = August 1 - December 31st = 5 months
Lent amount × interest rate × duration
$40,000 × 0.09 × (5/12)
= $1500
Adjustment :
INTEREST RECEIVABLE - - - - - - - - - 1500
INTEREST REVENUE - - - - - - - - - - - 1500
When Oliver's Oil Company bills its customers, it has them send their payments to an address that is just for receiving payments, instead of directly to the company's mailing address. Although this system costs Oliver's Oil Company a lot of money, it is worth it because the company receives thousands of checks from customers each business day. What system is this company using to receive its payments
Answer:
A lockbox
Explanation:
Lock box system is a form of service rendered by banks in assisting companies to collect payments from their customers especially in a situation where large volume of transaction is involved
The company opens a postal mail opens a postal mail where he instructs all customers to send their payments, The bank the go to this mail to collect payments and proceed to process them into the customers account.
What questions might you ask yourself when developing your personal brand? Check all that apply. What am I not good at? What makes me desirable in today’s job market? What would my instructors say is my greatest strength? What skills should I exaggerate?
Answer:
What makes me desirable in today’s job market?
What would my instructors say is my greatest strength?
Explanation:
What distinguishes me from other candidates in the employment market of today? and what do my teachers think is my strongest suit? As a result, choices (B) and (D) are accurate.
What is personal branding?Personal branding is the deliberate and intentional effort to shape how the public perceives an individual by elevating their credibility, positioning them as an industry authority, and setting them apart from the competition in order to advance their career, expand their network, and make a bigger impact.
Finding your individuality, developing a reputation for the things you want to be known for, and allowing yourself to become known for them are all steps in the process of personal branding. The ultimate objective is to produce something that can be sold and delivers a message.
Personal branding characterizes success as a type of self-packaging, in contrast to some self-help techniques that emphasize self-improvement.
Hence, options (B) and (D) are accurate.
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What is NOT a benefit of having a good credit score?
A) When you need a loan, you'll have more loan offers to pick from.
B) You'll get better interest rates on your loans.
C) It will be easier to get an apartment.
D) You'll get accepted to better education institutions.
Answer:
B) you’ll get better interest rates on your loans.
Explanation:
becasue your credit score shows that yu are more reliable
One will get accepted to better education institutions is NOT a benefit of having a good credit score. As School and education is unrelated with the credit score.
What is credit score?A credit score is a number that ranges from 300 to 850 and represents a person's creditworthiness. A borrower's credit score improves the way one appears to potential lenders.
A credit score is calculated using information from one's credit history, such as the number of accounts have open, the total amount of debt owe, and repayment history, among other commodity.
Thus, option D, One will get accepted to better education institutions is Not the correct.
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Wilson foods corporation leased a commercial food processor on september 30, 2018. the five-year finance lease agreement calls for wilson to make quarterly lease payments of $195,774, payable each september 30, december 31, march 31, june 30, with the first payment at september 30, 2018. wilson's incremental borrowing rate is 12%. wilson records amortization on a straight-line basis at the end of each fiscal year. wilson recorded the lease as follows:
Explanation of finance lease accounting for Wilson Foods Corporation.
Finance Lease Accounting for Wilson Foods Corporation:Identify the Quarterly Lease Payments: $195,774Calculate the Present Value of the Lease Payments using the Incremental Borrowing Rate of 12%Record the Lease Liability, Asset, Interest Expense, and Amortization Entries for Wilson Foods CorporationThe answer explains finance lease accounting, straight-line amortization, and the impact of depreciation and interest expenses on financial reporting.
Finance lease accounting involves recognizing the leased asset and liability on the balance sheet. In this case, Wilson Foods Corporation leased a commercial food processor for five years with quarterly payments at 12% incremental borrowing rate.
Straight-line amortization means that Wilson records equal portions of the lease liability as an expense over the lease term. This ensures a consistent expense recognition pattern and reflects the asset's usage over time.
Depreciation and interest expenses play crucial roles in financial reporting, affecting the income statement and balance sheet by reflecting the reduction in asset value and the cost of borrowed funds, respectively.
What are two benefits of private property rights?
Answer:
Ethically Sound
Socio-economic Progress
Nature Farm Granola is in a highly-competitive market and has decided to focus on sugar-free granola bars. These granola bars will cost more for the consumer, but the company knows there is high demand for this type of product and feels consumers will pay the price. In addition, none of their competitors have produced this product. This is an example of a ________ strategy
Answer:
Differentiation
Explanation:
Differentiation strategy can be defined as a business strategy in which a firm moves to produce a product that is unique and better than what competitors are offering consumers.
Most times, differentiation strategy is used by a business to make sure it stands out from other businesses and competitors.
In the case of Nature Farm Granola, it is using the differentiation strategy to develop sugar-free granola bars which is not being produced by any other competitor and that consumers are demanding for.
The production of this sugar-free granola bar helps to make Nature Farm Granola stand out from other granola bar making businesses.
Cheers.
The short-run aggregate supply curve will decrease if:
A. the aggregate price level falls. commodity prices rise.
B. government tax revenues fall.
C. the aggregate price level falls, commodity prices rise, or if government tax revenues fall.
Answer: A. the aggregate price level falls. commodity prices rise.
Explanation: In short-run, the aggregate supply is usually a graph pointing upward and with a sloping curve. The short-run aggregate supply curve usually points upward sloping because it indicates quantity supplied which increases when the price rises. In the short-run, organisations usually have only one fixed factor of production which is capital.
Fournotts Corp., a sports shoe manufacturer, launches a new line of sports shoes. As a part of its promotion, Fournotts Corp invites its customers to try on the shoes for a period of one week and get a feel of its features. This is an example of _____.
a. experiential marketing
b. corporate communication
c. product placement
d. sponsorship.
Answer:
a. experiential marketing
Explanation:
Experiential marketing can be defined as the type of marketing whereby a company advertises their brand or products by allowing customers to be active participants in the advertisement process.
By allowing the customers to be actively present during the advertisement process, customers get to feel what the product or brand is like and experience what the product or brand is all about.
During experiential marketing, customers are actively engaged in the brand or product marketing process such that the process leaves them with a long lasting and memorable experience and feeling. The customers also get to develop interact with the brand and develop a connection as well.
Experiential marketing is also called Live marketing or Event marketing.
Larren Buffett is concerned after receiving her weekly paycheck. She believes that her deductions for Social Security, Medicare, and federal income tax withholding (FIT) may be incorrect. Larren is paid a salary of $4,100 weekly. She is married, claims 3 deductions, and prior to this payroll check, has total earnings of $128,245. What are the correct deductions for Social Security, Medicare, and FIT?
Complete question:
Larren Buffett is concerned after receiving her weekly paycheck. She believes that her deductions for Social Security, Medicare, and federal income tax withholding (FIT) may be incorrect. Larren is paid a salary of $4,100 weekly. She is married, claims 3 deductions, and prior to this payroll check, has total earnings of $128,245. What are the correct deductions for Social Security, Medicare, and FIT?Assume a rate of 6.2% on $118,500 for Social Security and 1.45% for Medicare
Answer:
Social Security $604.19
Medicare $59.45
FIT $230.70
Explanation:
Total earning = $128,245
Weekly salary= $4,100
Social security tax = ($128,245 - $118,500) × 0.062 = $604.19
Medicare tax = $4,100 × 1.45 = $59.45
Larren's Social Security, Medicare, and Federal Income Tax Withholding (FIT) should be $254.20, $59.45, and to be determined, respectively. The exact FIT deduction depends on multiple factors including income, filing status, and allowances, so an IRS calculator or professional guidance may be necessary.
Explanation:The deductions for Social Security, Medicare, and Federal Income Tax Withholding (FIT) for Larren would be calculated based on her weekly salary of $4,100, her marital status, the number of deductions she claims, and her year-to-date earnings.
Social Security deductions are usually 6.2% of an employee's salary up to a maximum wage base limit. In 2022, this limit is $147,000. As Larren has already earned $128,245 and her weekly salary is $4,100, she would not exceed this limit. Therefore, her Social Security deduction would be 6.2% of $4,100, which is $254.20.
Medicare deductions are typically 1.45% of an employee's salary with no wage base limit. Therefore, Larren's Medicare deduction would be 1.45% of $4,100, which is $59.45.
FIT (Federal Income Tax) deductions depend on several factors including income, filing status, and the number of allowances claimed. These calculations can be complex and may require guidance from an income tax professional or use of the IRS withholding calculator.
It's important to note that these numbers might vary slightly based on the exact IRS tax tables used.
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Employers may review your _______ to learn more about you.
A. phone records
B. health records
C. text records
D. social media websites
Answer:
social media websites
Explanation:
Answer:D
Explanation:i just did it on APEX
Brainliest Week
Which of the following BEST explains why the government collects taxes in a mixed economy?
A The government collects taxes to keep the economy balanced.
B The government collects taxes because people cannot control their spending.
C The government collects taxes to provide public goods and services to its citizens.
D The government collects taxes to repay the debts incurred in funding military operations.
Answer:
A The government collects taxes to keep the economy balanced.
Explanation:
I had the same exact question on my test
and I answered A and got a 100
The government collects taxes in a mixed economy because to keep balance in an economy.
What is government?Government is an organized community is governed by a system or group of individuals, typically a state. Government often consists of the legislative, executive, and judicial branches in the case of its broad associative definition.
Modern democracies, monarchies, and authoritarian and totalitarian regimes are the main varieties of political systems.
The monarchy, the aristocracy, the democracy, the oligarchy, democracy, theocracy, and tyranny have all been common systems of government throughout history.
Mixed governments are widespread, and these kinds are not always mutually exclusive. Any philosophy of government must address how political power is attained, with electoral contests and hereditary succession being the two main methods.
Therefore, the option A is correct.
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PLS HELP!!
You have been elected Homecoming Committee Dance Chair by the student body. This is the first time the position has been established. In this capacity, you are required to select four members of the student to assist you. Two members must be from eleventh grade and two members must be from the twelfth grade. In addition, you must select one member from the administration to be on your committee. You have four months before the Homecoming Dance to select members, establish goals, and plan for a success dance party. After all, your reputation is on the line since the student body elected you. 1) What criteria would you use to select student body members from the 500 students available? 2) What criteria would you use to select the administration member from the eight available? 3)What duties would you assign to each member? 4)How would you make sure each member's responsibilities were being carried out?
Samantha has been asked to join a task force that is charged with boosting organizational productivity. First, she was asked to jot down ideas on how to increase productivity, and after that, the group met to discuss everyone’s ideas and come up with solutions together based on those suggestions. Samantha’s taskforce best exemplifies which creative problem solving method?A) Traditional brainstorming
B) Electronic brainstorming
C) Nominal group technique
D) Groupthink
Answer: Nominal group technique
Explanation:
Nominal group technique (NGT) can be defined as a structured method for a group brainstorming which encourages contributions from everyone and enhances quick agreement on the importance of issues, or solutions.
In nominal group technique, team members begin by writing down ideas, and then select the idea they feel is best. The nominal group technique identifies problems, and generates specific solutions that are needed for decision making.
A company manufactures extremely specialized equipment for medical imaging. Because of its value, when the company exports this equipment overseas to hospitals, it generally requires ________, which is a nonrefundable deposit.
Answer:
Cash in advance, is the right answer.
Explanation:
The service which is generally provided by most of the credit cards and charge card agencies is known as a cash advance.
It is a kind of service through which the cardholder can simply withdraw money either through an ATM or over the desk at any financial office. However, the cardholder can withdraw a limited amount. Under this scheme, an individual cardholder who presents an accepted form of identification is eligible for a cash advance over the desk of any bank which issues such types of credit cards.
Alex is helping Casey set up for a garage sale. Together, they are
listening to a box of old CDs to make sure that the CDs work before
they put price tags on them. Alex enjoys a lot of the CDs that Casey
nlans to sell
Answer:
A
Explanation:
I believe the answer is A that they will both benefit from the exchange because Casey will be getting rid of his stuff and he'll get money while Alex gets to enjoy the CD's for himself.
The Smith's oldest daughter, Olivia, is a senior in high school. She has all "A's" and scored a 34 on the ACT. She is president of the debate team and the national honor society as well as a member of the cheerleading squad. Olivia wants to attend medical school, so both she and her parents are very concerned about which undergraduate school she attends. They have spent countless hours on the Internet examining universities, and they have already visited five campuses. For Olivia and her parents, which type of decision making does this represent?
Answer:
Extended decision making
Explanation:
Extended decision making is a form of decision that involves an extensive search for relative information using various media in order to arrive at different options .These initial alternatives are thereafter analysed and evaluated in order to arrive at the best decision making,
It can be a costly exercise considering the time , cash and the amount of other resources involved , however it has its advantage in reducing the probability of making a wrong choice, even though it may not be perfect in itself.
Why should policies that attempt to create a ladder of opportunity be carried out in the spirit of open-mindedness? Select all that apply: a. such policies might turn out to be too costly to enact on a widespread basis b. such policies have the potential to equalize society c. such policies will always benefit the less disadvantaged d. such policies might not show positive results
Open-mindedness is essential when enacting ladder of opportunity policies because they may be too costly, might not yield positive outcomes, and may not always benefit the less advantaged as intended.
Explanation:Policies aimed at creating a ladder of opportunity should be approached with open-mindedness for several reasons. Firstly, such policies might turn out to be too costly to implement on a large scale. Secondly, while these policies aim to equalize society, it's important to acknowledge that they may not always show positive results, hence the need for a flexible and evaluative approach. Lastly, it's understood that while the intention is to benefit the less advantaged, not all initiatives will be beneficial or sustainable in the long term. Therefore, ongoing monitoring, adaptation, and evaluation are crucial.
A company that manufactures and sells kitchen scrubbing sponges has significantly lower cost structures than its competition. The company sells in large volumes and has realized economies of scale in its productions of the scrubbing sponges. Besides the lower production costs, the company has little debt and sells most of its products to larger cleaning companies. Because of the company's situation, which competitive pricing approach should the company take to increase its sales volume? pricing to meet competitors O pricing below competitors pricing above competitors
Answer:
The correct answer is “Pricing below competitors”.
Explanation:
It is given that the organization is operating with a lower cost structure as compared to its competitor and it is also enjoying the economies of scale. Since lower cost structure makes the organization capable to keep the price of its product lower as compared to its competitor. Moreover, the lower price of a commodity will attract new customers. Consequently, its sales volume will increase.
Scenario: Sports Stuff Inc. Herb Graham is vice president of Sports Stuff Inc., a business that develops, manufactures, and markets sports products. The company is looking to expand its operations into the European market. Herb believes that if the company expands its product line to include products reflecting sports that are popular in Europe, the company will achieve success there. The board of directors of Sports Stuff is concerned with the firm's lack of experience in foreign markets. To minimize this problem, Herb recommends that the firm create a ________ with a local partner.
Answer:
Joint venture
Explanation:
A joint venture can be defined as a business arrangement in which two parties come together to achieve a purpose by combining resources of both parties.
A joint venture involves joint ownership of the business.
A joint venture is good because it helps with sharing of liabilities with a partner, access to knowledge, etc.
Cheers
Three legal implications when businesses causes environmental disasters
Answer: They could be fined, closed up or withdrawal of liscence for sometime
Explanation:
Legal implications when businesses causes environmental disasters;
1) Business could be warned; Government is very concerned about it's citizens and would do everything to ensure they protect their lives, when businesses cause harm to the environment, they government could issue warning for sometime to ease off from their activity leading to that.
2)Fined; when the warnings is being issued most times the companies/businesses would be fined alongside to pay up for damages they have caused to the habitants of the environment.
3)Withdrawal of liscence; when the business no longer adhere to the warning of the government or their damage is excessive, after much consideration, the government can withdraw their license of operation over a period of time or forever.
Two unrelated individuals, dave and tom, own all the stock of arnold corporation, which has earnings and profits of $400,000. because of his inactivity in the business for the last several years, dave has decided to retire from the business completely and move to oregon. accordingly, arnold corporation will redeem all the stock owned by dave and, in return, dave will receive a distribution of $500,000. dave's adjusted basis in the stock is $250,000. what will be the tax effect to dave?
Answer: $250,000 Capital gain
Explanation:
Distribution = $500,000
Dave's Adjusted basis = $250,000
The distribution of $500,000 will be assumed to be for stock payment since, Dave who is a shareholder is retiring and Arnold has to redeem the stock owned by Dave. The gain is computed as the difference between the distribution and the share holder's basis in the stock, Here, Dave's basis. The excess or gain is treated as a capital gain.
(Distribution - Adjusted basis)
= $500,000 - $250,000
= $250,000 Capital gain
Giovanni's Gems is a high-quality Italian leather goods store in Manhattan. Giovanni also runs an Internet site where people can buy his products and he will charge the same delivery fee to any location within the 48 contiguous states. Giovanni utilizes________ pricing.
Answer:
Post office pricing
Explanation:
Some stores who are into sales of certain goods also maintains a website for the goods sold in the store so that poeple can order goods through it and get them delivered . The fee charged is flat such that the delivery can be anywhere in the United States and same amount will be paid for the delivery irrespective of where the order came from.
Store owners useses post office pricing for conviniecies purpose. The owner owns the store and also runs a website for the promotion and ordering of his/her goods. Customers would also find this easier because their order will be made in a single spot instead of ordering somewhere and getting their goods in other place.
Wyome has a career in Manufacturing and goes to an office to work every day. At the office, he most likely works with
Answer: A.
Explanation:
Answer:
it was c
Explanation:
Before sending a resume , you should always check with the employer to see what operating system they use
t or f?
Answer:
im pretty sure it is true
Explanation:
Page 81 3.2. What determines demand? Consider the market for caramel and butterscotch ice cream toppings. For each price change, identify the likely effect on the demand curve for caramel topping. The demand for caramel topping will decrease. The demand for caramel topping will increase. The demand curve for caramel topping will remain the same. The price of ice cream increases. The price of caramel topping decreases. The price of butterscotch topping increases.
Answer:
The price of ice cream increases - The demand for caramel topping will decrease
The price of caramel topping decreases - The demand curve for caramel topping will remain the same.
The price of butterscotch topping increases - The demand for caramel topping will increase.
Explanation:
If the price of icecream increases , it would become expensive to make them. So producers would reduce quantity supplied of ice cream. As a result of the reduced supply, there would be less demand for caramel toppings.
Caramel and butterscotch toppings are subsituites. If the price of butterscotch toppings increase, the demand for caramel toppings would increase.
If the price of caramel toppings reduce, the quantity supplied would fall. This would lead to a movement along the demand curve and not a shift of the demand curve.