What is the difference between accounting profits and economic profits? which of the two concepts is more appropriate for explaining decisions made by entrepreneurs? explain?
According to the business week article, "how to get a life and do your job" the most important aspect when pursuing a career in business is to
Answer: balance work with life
Question 1 of 10: this will allow you to borrow money to buy a car, but you will have to pay it back with interest over time:
a.gift
b.lease
c.lend-lease
d.loan
In emerging cultures, marketers look for _____ as one of the signs of opportunities to do business.
In emerging cultures, marketers look for competitive advantage as one of the signs of opportunities to do business. According to Investopedia, Competitive advantages is defined as a conditions which permits a company or country to produce a good or service at a lower price or in a more desirable fashion for customers. Through this condition, allows the productive entity to create more sales or superior margins than its competition.
When public saving falls by $2b and private saving falls by $1b in a closed economy,?
Final answer:
In a closed economy, a decrease in public and private savings by $3 billion in total reduces national saving, affecting the economy's ability to finance investment. According to the national saving and investment identity, saving must equal investment, so any deficit requires more borrowing or foreign investment.
Explanation:
Changes in Public and Private Savings
In a closed economy, the national saving is the sum of public saving (the government budget surplus or deficit) and private saving (the savings of individuals and businesses). When public saving falls by $2 billion and private saving falls by $1 billion, the overall national saving decreases by $3 billion. This impacts the economy's ability to finance domestic investment without relying on foreign investment.
National Saving and Investment Identity
According to the national saving and investment identity, for a closed economy, saving must equal investment. Therefore, if public and private saving decreases, there would need to be either a decrease in domestic investment or an increase in borrowing to finance the unchanged level of investment.
Example Scenario
Considering the example scenario provided, with a $100 billion government budget deficit, $1,500 billion in total domestic savings, and $1,600 billion in total domestic physical capital investment:
The current account balance is negative, indicating a deficit in national savings compared to investment.
If investment rises by $50 billion, while the deficit and national savings remain the same, the current account balance will further worsen, indicating the need for the economy to borrow more or attract foreign investment to finance the additional investment.
Protects the formulas, processes, methods, and information that give a business a competitive edge.
Rex's doughnuts can produce only 100 doughnuts a day. the variable cost incurred per unit is $2 and fixed costs incurred per day is $500. at what price should a doughnut be sold to break even?
To break even, the price of Rex's doughnuts should be settled at $7, calculated by dividing the total cost ($700) by the number of doughnuts (100).
Explanation:In order to calculate the break-even price for Rex's doughnuts, we need to understand the concept of variable and fixed costs. In this scenario, the variable cost per unit is given as $2 per doughnut, and the fixed costs per day are $500. The total production capacity is 100 doughnuts per day.
The total variable cost (TVC) is variable cost per unit multiplied by the number of units produced. In this case, it would be 100 doughnuts * $2 = $200. The total cost (TC) will be the sum of total variable cost and fixed cost, which is $700 ($200 + $500).
To break even, the total revenues (TR) Rex earns from selling the doughnuts should be equal to the total cost. Knowing that he can only produce 100 doughnuts a day, the break-even price per doughnut (P) should be Total Cost (TC) divided by the number of doughnuts. Therefore, P = TC/ 100 doughnuts = $700 / 100 = $7.
Hence, Rex should sell each doughnut for $7 to break even.
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As with measures of centrality, the selection of a measure of variability should be based on
Final answer:
As with measures of centrality, the selection of a measure of variability should be based on the specific characteristics and needs of the data analysis being performed.
Explanation:
Measures of variability, such as variance and standard deviation, describe how spread out or dispersed the data are, which is critical in biological inquiry. Different types of variability like measurement variability, natural variability, induced variability, or sampling variability may influence the outcomes and should be considered when selecting a measure of variability.
Moreover, the decision should take into account the regularities in the object being measured and other factors that affect the outcome, including the accuracy, precision, sensitivity, and selectivity of the measurement method. The chosen measure should provide a valid representation (i.e. that measures what you are trying to measure with minimal influence from other factors) of the biological concept under investigation.
Which building is widely regarded as the first skyscraper? empire state building chrysler building woolworth building home insurance building?
Suppose that a twenty-five-year-old woman, whose mother and aunts all were afflicted with breast cancer by the time they were 45, has a genetic test conducted at her own expense. the test reveals that she has inherited her mother's genetic susceptibility to breast cancer. after applying for employment and being given the position, her hr orientation includes registration for employer-paid health insurance. the insurance questionnaire asks if she suffers from any preexisting medical condition. what should the new employee answer? explain your answer.
Was life easier for teenagers 50 years ago than it is for teenagers today?
Final answer:
Life for teenagers today is certainly different than it was 50 years ago. With the advancement of technology, teenagers today have access to tools and resources that were not available to teenagers in the past. However, along with these benefits come new challenges.
Explanation:
Life for teenagers today is certainly different than it was 50 years ago. With the advancement of technology, teenagers today have access to tools and resources that were not available to teenagers in the past. For example, the internet provides a wealth of information and opportunities for communication and learning. However, along with these benefits come new challenges.
One major challenge for teenagers today is the pressure to constantly be connected and available. With smartphones and social media, teenagers are expected to be constantly connected to their peers and are often subject to cyberbullying and online criticism. Comparatively, teenagers 50 years ago did not have this level of constant connectivity and pressure.
Another aspect to consider is the societal and cultural changes that have taken place over the past 50 years. For example, attitudes towards issues like gender roles, sexuality, and diversity have evolved significantly. This can create both opportunities for teenagers today to express themselves and face less discrimination, but it can also lead to new forms of discrimination and challenges. Additionally, the increased pace of life and globalization has resulted in more competition and higher expectations for success in academics, extracurriculars, and future career prospects.
The material most often associated with the process of "casting" is:
True or false? an hie moves health information among organizations while adhering to national standards.
Ruby received a score of 90 on an intelligence test. two days later she received a score of 55 on a different form of the same test. the test was apparently lacking in
Final answer:
Ruby's significantly different scores on the same intelligence test suggest a lack of reliability, which refers to a test's consistency. The test's stability over time and the accuracy of its measurements are in question.
Explanation:
Ruby’s varied test scores on different forms of the same intelligence test suggest that the test may be lacking in reliability. Reliability is a measure of the consistency of a psychological test, which means the test should produce similar results under consistent conditions.
A significant drop in Ruby's score from 90 to 55 indicates that there might be issues with the test's design, administration, or content that affect its stability over time.
To improve reliability, test designers must ensure that the test measures what it intends to measure the same way each time, whether through test-retest reliability, parallel forms reliability, or other methods like internal consistency.
Describe the effects that normative statements have on consumer expectations and thus the demand for certain goods and services.
Jake receives a promotion at his law firm after winning an important case. this is an example of a:
Jake's promotion after winning an important case is an example of a performance-based reward system. This system rewards employees for their achievements or high quality work and serves to motivate them by recognizing their contributions.
Explanation:Jake's situation where he gets a promotion at his law firm after winning an important case, is an example of a performance-based reward. A performance-based reward system is designed to reward employees for their achievements, outcomes, or high quality work. These rewards can take various forms such as promotions, bonuses, or raises, and they serve to motivate employees by recognizing their contributions to the organization's success. In Jake's case, his successful litigation contributed to the success of his law firm, thus earning him a promotion as a reward.
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How do the taxes that are levied on goods and services affect market prices and quantities?
Your $6100 investment grows to $12200 over the course of 9 years compounded quarterly. what interest rate did you receive on your investment? (write your answer with at least four decimal points)
By using the compound interest formula and solving for the interest rate 'r', it can be determined that the interest rate received on an investment that grows from $6100 to $12200 over the course of 9 years compounded quarterly is 4.76%.
Explanation:This is a problem of finding the interest rate in a compound interest formula. The formula for compound interest is A = P(1 + r/n)^(nt), where A is the amount of money accumulated after n years, including interest, P is the principal amount (the initial amount of money), r is the annual interest rate (in decimal), n is the number of times that interest is compounded per year, and t is the time the money is invested for in years.
In this problem, A is $12,200, P is $6,100, n is 4 (since interest is compounded quarterly), and t is 9 years. By plugging in these values into the formula, we can set up the equation: 12200 = 6100(1 + r/4)^(4*9). Solving for r gives us an interest rate of approximately 0.0476, or 4.76% when expressed as a percentage.
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The process of keeping or maintaining information in long term memory is:
If the government imposes a price floor on wheat at $5 and agrees to purchase any surpluses, how much will the government be forced to spend?
The largest percentage of federal law enforcement officers perform what function?
The common stock of sweet treats is valued at $10.80 a share. the company increases its dividend by 8 percent annually and expects its next dividend to be $0.40 per share. what is the total rate of return on this stock?
What is the current standard used in law enforcement for compressing fingerprint images?
The Wavelet Scalar Quantization (WSQ) format, developed by the FBI, is the current standard for compressing fingerprint images in law enforcement. WSQ provides efficient transmission and storage of images, retaining high detail vital for fingerprint examination and matching, making it a preferred method in biometric applications.
Explanation:The current standard used in law enforcement for compressing fingerprint images is the Wavelet Scalar Quantization (WSQ) format. Developed by the Federal Bureau of Investigation (FBI), WSQ provides a compression ratio of approximately 15:1, allowing for efficient transmission and storage of fingerprint images, without significant loss of fine detail and minutiae points vital for fingerprint examination and matching.
WSQ is favored over other compression methods (like JPEG or GIF) due to its handling of grayscale images that often characterize fingerprints, and for its emphasis on retaining high detail, even under considerable compression. By using a wavelet transformation technique, WSQ can distinguish small details in the image and retain them during compression, making it a gold standard in law enforcement and biometric applications.
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A project manager may also be the project champion. true
The statement is true. A project manager may "also" be the project champion. But it is not mandatory. But there are possibilities that the project manager is also an expert the in project he is handling. Thus, the above statement is true. If the statement would have been - The project manager will be or needs to be the project champion, then it would be false statement.
True or false? missions must always be broad to allow organizations to evolve with the changing market.
Companies can run the same marketing communications programs as used in the home market or change them for each local market, a process called
At the profit maximizing level of employment, the wage rate is _____ and the level of employment is _____: w3; q1 w2; q2 w1; q1 w3; q3
Ainsley is a student at state university working toward a bachelor's degree in finance. in order to gain some work experience and increase her marketability, she has accepted a summer internship in the finance department at a pharmaceutical company. she is quite pleased with the pay; $15 an hour is more than other students in her cohort were receiving for their summer internships. at work she meets josh, a recent graduate of state university working as a middle manager in the same finance department. josh makes $30 an hour. on the job, ainsley could be described as a go-getter. she's engaged and satisfied, and always seems willing to help others. josh is quite the opposite. he often seems disinterested in his job and even has thoughts about quitting. when pressed one day about why he is unhappy, josh cites his pay as the main reason. specifically, he tells ainsley that, compared to managers at other pharmaceutical companies, he makes much less. "it isn't fair," he complains. "i work just as hard as they do, yet i don't make as much. maybe i should go work for the competition." how could someone making $30 an hour be less satisfied with his pay than someone making $15 an hour and be less motivated as a result?
The united states has an unemployment compensation program that provides income for those out of work. in this case, unemployment is
You have been asked to draw 600 cases from a population of 12,000. you decide on a systematic random sampling strategy. the sampling interval is: