Answer:
Net profit is more important to consider when you are deciding how successful and profitable a company is. Net profit takes into account all expenses and what your net profit is.
Explanation:
Hutch technology makes computer monitors, which sell for $500 each. what is the opportunity cost of producing ten monitors?
The answer to the
question is:
"The opportunity
cost of producing ten monitors is the other goods that could be produced
with the resources that produce the ten monitors."
Opportunity cost
means the profit or benefit someone might have gained but did not because
he/she chose another way to do the business.
When the first-grade boys wrestle and hit each other in the lunch line, they are engaging in:?
In the given scenario, the boys are engaging in a rough and tumble play. A rough and tumble play is most likely engaged by boys in which they tend to display behaviors that involves more physical such as having to play wrestle or to play tag.
_______________ is the process of selling goods and services to individuals for their personal use?
Obtaining commitment from _____ is critical for diversity programs to succeed so that other parties in the organization will take it seriously.
From society's perspective, in the presence of a demand-side market failure, the last unit of a good produced typically:
What are the two most important variables for determining resource allocation?
An entity that buys goods and sells them to consumers at a markup is a ________.
Final answer:
A retailer is an entity that purchases goods and sells them to consumers at a markup, influencing the market's equilibrium price to attract consumers with perceived 'good deals'.
Explanation:
An entity that buys goods and sells them to consumers at a markup is known as a retailer. The process involves purchasing products wholesale from manufacturers or distributors, then increasing the price to make a profit when selling to customers. Retailers play a critical role in the market, facilitating the movement of goods from suppliers to the end consumers, and are part of the broader concept of supply and demand. They often influence the equilibrium price of goods by adjusting their pricing strategies based on consumer interest and competition, striving to provide products at prices consumers perceive as 'good deals,' enhancing customer satisfaction and loyalty.
Given that approximately 85 million americans have a lawn, and that the average lawn size is 0.08 ha how much total land area is composed of lawns in the united states?
Given:
A - The number of Americans who have lawns = 85 million
B - The average lawn area of each American with lawn (in ha) = .08
X - The total land area in the United States composed of lawn (in ha)
Solution:
X= A*B
X=85,000,000*.08
X=6, 800,000 or 6.8 million
When constructing a responsibility matrix or "raci" chart, it is important to ensure that only one person has primary accountability for any activity?
2 a food pyramid consists of 10 million calories' worth of diatoms. how much of this is passed on to third level consumers, such as large fishes?
If a food pyramid consists of 10 million calories' worth of diatoms, then 10 thousand calories will be passed on to third-level consumers, such as large fish.
What is a food pyramid?A food pyramid refers to a representation of the optimal number of servings to be eaten each day from each of the basic food groups. The first pyramid was published in Sweden in 1974. The 1992 pyramid introduced by the United States Department of Agriculture (USDA) was called the Food Guide Pyramid or Eating Right Pyramid. It was updated in 2005 to My Pyramid, and then it was replaced by My Plate in 2011.
The World Health Organization, in conjunction with the Food and Agriculture Organization, published guidelines that can be effectively represented in a food pyramid relating to objectives to prevent obesity, improper nutrition, chronic diseases and dental caries based on meta-analysis though they represent it as a table rather than as a pyramid.
The structure is similar in some respects to the USDA food pyramid, but there are clear distinctions between them.
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Le maillot jaune, inc., is a sports clothing retailer incorporated in france. if it transacts business in chicago, le maillot jaune, inc. would be characterized as
Using the information given in both of these tables to compare living standards in lusitania and arctica, you should use ____________.
What product is likely to have the most elastic demand?
a.bananas
b.gasoline
c.insulin?
The banana is the product that is most likely to have the most elastic demand among others.
What is an elastic demand?This is a demand that is influenced by the price of a good or service which affects consumer demand
Hence, the banana have the most elastic demand among others because it can be do without.
Therefore, the Option A is correct.
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What are two ways to get the most out of nonrenewable resources?
In the u.s. surgeons earn a median salary of $365,885, which puts them at the ________ of all income.
a. middle 20 percent
b. bottom 20 percent
c. top 20 percent
d. top 40 percent
When external benefits are significant: market output is too high. market output is too low. market output is at the efficient level. social surplus is maximized?
The information that is gathered by a firm to learn about its competitors is referred to as ________.
George works in a factory and is a member of the labor union. He thinks his wages are low for the work that he does, so he tells the union representative that his employer should increase his wages. The representative asks the other workers if they feel the same, and they all agree. The following week, the union representative met with the factory owner regarding an increase in wages, and the employer agreed to it. What strategy did the union use to get the owner to agree to increase wages?
individual bargaining
threaten to go on a strike
collective bargaining
threaten to quit their jobs
filing a petition to the government
Answer:
Collective Bargaining
Explanation:
The process of hiring an external provider to do the work that was previously done internally is referred to as
If the annual inflation rate is 5 percent a year, about how many years will it take for the price level to double?
The inspection of meat delivered from chicago to new york is the responsibility of
Final answer:
The USDA is responsible for the inspection of meat from Chicago to New York, due to regulations established by the Meat Inspection Act of 1906, which required sanitary conditions and federal oversight to protect consumer health.
Explanation:
The inspection of meat delivered from Chicago to New York is primarily the responsibility of the United States Department of Agriculture (USDA). The USDA's mission includes ensuring the safety and quality of meat, poultry, and egg products. After the publication of Upton Sinclair's 'The Jungle', which revealed unsanitary conditions in the meatpacking industry, the federal government passed the Meat Inspection Act in 1906. This act mandated sanitary regulations and federal inspections of meat products to protect consumers from contaminated meat. The oversight by the USDA also helps prevent the spread of foodborne illnesses as outlined by the Centers for Disease Control and Prevention (CDC) and supports consumer education about the safe handling and preparation of food.
Dallas is the manager of a manufacturing company. dallas's approach is to break down assembly workers' jobs into a series of elementary tasks, determine the best way to perform those jobs, and then train workers accordingly. his approach is consistent with the principles of
Government attempts to prohibit monopolization of a market are known as __________.
When setting prices, the company also must consider other factors in its external environment. how will _______ react to various prices? the company should set prices that will allow these people to receive a fair profit?
Eileen is considering assignments, training programs, and development opportunities that she will need in preparation for being a general manager in the future. eileen is in the:
Eileen is in the development phase in terms of her career development. The development phase is where the person is starting and learning to develop the activities that he or she is involved in—in a way to show the person strengths and achieve things with the use of their performance.
Refer to exhibit 7-3. what is the average total cost of producing 60 units of output?
Non-gaap earnings: multiple choice could be considered management's view of permanent earnings. are needed for the correction of errors. are standardized under generally accepted accounting principles are useful to compare two different firms' performance.
A grocery store sells grapes for 1.99 per pound you buy 2.34 pounds of the grapes how much do you pay
In this scenario, the total cost of buying 2.34 pounds of grapes at $1.99 per pound is $4.66.
Explanation:The student is buying 2.34 pounds of grapes which are priced at $1.99 per pound. To find the total cost, multiply the weight of the grapes by the price per pound, in this case, 2.34 pounds times $1.99 per pound. This gives a total cost of $4.66.
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The belief that successful performance will result in some outcome(s) is known as:
The answer is instrumentality, it is because instrumentality is a way of showing ends with the use of instances or fact that had happen in the individual in which it shows the connection to the statement above of every performance results to an outcome.
Wesley is a manager in an organization where a great deal of interaction is required between himself and his workers and new problems arise frequently. wesley is likely to have