Archer contracting repaved 35 miles of four-lane interstate roadway working 10 days with a crew of five employees using $9000 of paving material. nearby, bronson contracting repaved 50 miles of two-lane county roadway with a crew of six employees. bronson's crew worked 8 days and used $7000 worth of paving material. both archer contracting and bronson contracting rented the same paving equipment to complete their respective assignments, costing each $1500 a day, and labor cost per employee is $160 a day for both companies. which company is more productive and by how much?
When productivity is measured as the amount of road paved per dollar spent, Bronson Contracting is more productive than Archer Contracting by approximately 0.00081 miles per dollar, as Bronson achieved a rate of approximately 0.00187 miles per dollar compared to Archer's 0.00106 miles per dollar.
Explanation:To determine which company is more productive, we need to calculate the productivity rate for both Archer Contracting and Bronson Contracting.
Productivity can be measured as the amount of road paved per dollar spent. We need to consider the costs of materials, equipment, and labor for each company.
For Archer:
Total cost of paving materials: $9000Total equipment cost (10 days at $1500 per day): $15000Total labor cost (5 employees at $160 per day for 10 days): $8000Total cost: $9000 + $15000 + $8000 = $33000Total miles paved: 35 milesProductivity (miles per dollar): 35 miles / $33000For Bronson:
Total cost of paving materials: $7000Total equipment cost (8 days at $1500 per day): $12000Total labor cost (6 employees at $160 per day for 8 days): $7680Total cost: $7000 + $12000 + $7680 = $26680Total miles paved: 50 milesProductivity (miles per dollar): 50 miles / $26680Calculating the productivity for each:
Archer: approximately 0.00106 miles/dollarBronson: approximately 0.00187 miles/dollarBronson Contracting is more productive than Archer Contracting. To find out by how much, subtract Archer's productivity from Bronson's:
0.00187 miles/dollar - 0.00106 miles/dollar = 0.00081 miles/dollar
So, Bronson Contracting is more productive by approximately 0.00081 miles per dollar spent.
The question “how much of our annual budget should we spend to advertise our new product line?” would most likely be asked by a
Bradley snapp has deposited $7,000 in a guaranteed investment account with a promised rate of 6% compounded annually. he plans to leave it there for 4 full years when he will make a down payment on a car after graduation. how much of a down payment will he be able to make? select one:
a. $1,960.00
b. $2,175.57
c. $8,960.00
d. $8,837.34
e. $9,175.57
If internet entertainment group used candyyland.com instead of candyland.com, could they continue to use that mark?
Technically, the Internet Entertainment Group could use candyyland.com as a mark, but may face possible trademark infringement issues due to its phonetic similarity with candyland.com. The entity would need to register it legally and ensure it doesn't lead to any confusion with existing trademarks.
Explanation:The Internet Entertainment Group could potentially continue to use candyyland.com as a mark, assuming that they legally register it and that it is not confusingly similar to any other existing trademarks. Trademarks are eligible for protection as long as they are distinctive and non-descriptive. However, if there are pre-existing marks for 'Candyland' in relevant categories, introducing candyyland.com could lead to a possible trademark infringement. This is because candyyland.com is phonetically similar to candyland.com, and may lead to confusion. Even though, the fact of typo or slightly different spelling does not exempt it from trademark laws.
Learn more about Trademark Law here:https://brainly.com/question/32102891
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Anelina is repeating a series of digits in the order in which she heard an experimenter read them. the experimenter is testing the capacity of her _____ memory. she should be able to repeat about _____ digits correctly.
The first answer in the space provided is short term because this type of experiment is used in exercising an individual’s short term memory. With the given digits, Anelina should at least know about seven correctly because a normal individual should know at least seven.
(#3.56) an oil exploration firm is formed with enough capital to finance 10 explorations. the probability of a particular exploration being successful is 0.1. find and of the number of successful explorations
Joe, a hard and productive worker, quit because he couldn’t get along with his coworkers. this would be diagnosed as a(n) ________ level problem.
Which method is a faster, easier, and more convenient way of job searching than looking at newspaper ads?
A) direct search
B) Internet search
C) word of mouth
D) employment agencies
i think (b) ~internet search~ but i might be wrong. hope this helps
Common-size percentages are often used to compare the statements of companies of unequal size. the condensed income statements of companies a and b are given below. enter in the spaces provided the amounts expressed in common-size percentages.
Xyz inc. has total debt ratio of 0.62. calculate the company's equity multiplier.
XYZ Inc. has an equity multiplier of 1.62, calculated by adding 1 to the total debt ratio of 0.62.
The total debt ratio for XYZ Inc. is given as 0.62. To calculate the company's equity multiplier, we use the formula where the equity multiplier is equal to 1 plus the total debt ratio. Given the total debt ratio (DTR) is the proportion of assets financed by debt, the equity multiplier (EM) formula can be expressed as EM = 1 + DTR. Therefore, the equity multiplier for XYZ Inc. is:
EM = 1 + DTR
EM = 1 + 0.62
EM = 1.62
We conclude that the company's equity multiplier is 1.62. This value gives us an indication of the company's financial leverage; in other words, for every 1 dollar of equity, XYZ Inc. has $1.62 in assets.
While price is often the activation point that gives people the reason to subscribe and come back to groupon, consumers are really more concerned with dealing with a quality merchant and having a unique experience with their friends. in other words, consumers focus on the unique combination of benefits from the experience which is known as ________?
What is the cost for the 5% highest domestic airfares? (rounded to nearest dollar)?
Forecasts projecting that resources such as oil, trees, and farm land will be depleted have been incorrect primarily because they have failed to account for
a. this is a trick question: we have already run out of several natural resources that were privately owned and this will be an increasing problem in the future.
b. increased government regulation of the resource as it approaches depletion.
c. prudent government purchases of the resource in order to conserve it for future generations.
d. the role of prices; if the supply of a resource decreases and it becomes more valuable, its price will rise, increasing the incentive to both conserve the resource and find more of it.
James has never had a motorcycle before but is planning to purchase one to replace his old bicycle. james is set to make a _____ purchasing decision.
Final answer:
James is facing a high-involvement purchasing decision as he considers buying his first motorcycle, a process that requires detailed research and evaluation of trade-offs. Reflecting on past purchases and their outcomes can guide his decision, and economic factors may also play a significant role.
Explanation:
James is planning to purchase a motorcycle to replace his old bicycle and is indulging in a decision-making process. Since this is his first motorcycle and because a motorcycle is typically a large, infrequent purchase, he is set to make a high-involvement purchasing decision. High-involvement decisions often involve significant research and consideration because they have a greater financial impact and personal significance than everyday purchases. When someone is exploring various choices and has not yet made a clear commitment, like James, it's indicative of a thoughtful decision-making process where trade-offs, such as cost versus desire, are being evaluated.
Reflecting on a recent purchase might help James in his decision. He should consider the outcomes of any high-stakes purchase, weighing potential satisfaction against the possibility of error – akin to someone regretting the purchase of an unreliable car. Each purchase decision like this frames the individual's future decisions, so James should thoroughly consider his motorcycle options to ensure he makes a decision that leaves him satisfied and confident.
Finally, the decision can also be influenced by economic considerations. If there is uncertainty about future income or a potential decrease in prices, James might decide to postpone the purchase. Nevertheless, if his valuation of the motorcycle exceeds its price, and he's ready to forego other potential uses for that money, it may be the right time for James to buy.
Providing customer service to organizational stakeholders is an example behavior of _____. hr technical expertise and practice ethical practice relationship management business acumen critical evaluation
Management in life you have lunch with a friend who was recently promoted to a management position. “congratulations!” you say. but she looks at you ans says, “i’m not so sure.” she goes on to tell you that she’s overwhelmed with the pace of the work and demands on her time. “i used to just think about myself and my own performance,” she says, “and now i’m constantly dealing with all these interdependent aspects of the organization. i’m expected to motivate other people to work hard--just working hard myself was a lot easier. and the interruptions! i have to shift gears constantly.” she asks for your advice: “i would love to get more done in less time, be more relaxed, and have more time to enjoy my job and my life. do you know any time management tips?”
To manage feeling overwhelmed due to a new management position, it's essential to adopt effective time management strategies, delegate tasks, communicate proactively, and prioritize work-life balance to ensure personal well-being and professional success.
Considering your friend's display of achievement motivation and their promotion to a managerial position, the overarching advice would be to adopt time management strategies and to focus on work-life balance. A key aspect would be to be proactive in managing the organizational life. Here are some tips that could help in this situation:
Create a prioritized to-do list to differentiate between the most urgent tasks and those that can wait.
Set realistic expectations for daily activities to avoid overloading the schedule, ensuring there are margins or buffers to accommodate unexpected tasks.
Understand the importance of delegating tasks, and not shy away from asking for help or feedback from colleagues or superiors when necessary.
Encourage open communication and develop a strong social network within the workplace to foster support and collaboration.
Take care of personal well-being by scheduling breaks and personal time to recharge and prevent burnout.
Being attentive to these elements can lead to improved time management, better work-life balance, and ultimately, a more fulfilling professional advancement.
One characteristic of good business writing is that it:
If our fixed expenses are $20,000, and sales are $550,000, and our unit selling price is $55, and our unit variable expense is $44; what would profits be?
Do you believe economic principles like competition apply in both private and public organizations? be prepared to defend your answer.
Answer:
Some economics principles apply equally in both types of organization. Others apply to some degree in both, but apply more strongly to private organization. One set of economic principle has to do with how people make choice. Economics believe, for example, that people act rationally and that they respond to economic incentives. These principle apply equally to public and private organization.
Explanation:
Twitter is an example of a __________ website.
Describe the three-step process for confirming the proper operation of a blender
Theodore and janice have formed tj soft, an entrepreneurial venture to develop games and other kinds of software for consumers. theodore has just gotten wind from a highly reliable source that games involving animals and ecosystems are likely to be extremely "hot" in the coming year. theodore is excited because tj soft has two games in development that fit the animal/eco niche perfectly. which component of the external environment will affect tj soft the most in this situation?
On september 1, capitol maintenance company contracted to provide monthly maintenance services for the next nine months at a rate of $2400 per month. the client paid capitol $21,600 on september 1. the maintenance services began on that date. assuming capitol records deferred revenues using the alternative treatment, what would be the adjusting entry recorded on december 31?
Monthly maintenance services for the next nine months at a rate of $2400 per month
The client paid capitol $21,600 on September 1
The adjusting entry recorded on December31will be that the debit service revenue and credit unearned revenue for $12,000.
What potential problems could we have if we did not have the w3c?
The lack of the World Wide Web Consortium (W3C) could lead to numerous problems, such as incompatibility between websites and browsers, lack of standardization in web technologies, and increased security vulnerabilities.
The World Wide Web Consortium (W3C) establishes web standards that ensure websites are accessible and functional across different browsers and devices. Without W3C, developers might create websites that only work on specific browsers, leading to compatibility issues and a fragmented user experience.
The absence of W3C would mean no standardized protocols for HTML, CSS, or JavaScript. This lack of standardization could complicate website development and maintenance, resulting in increased costs and inefficiencies for businesses.
Security is another critical concern. W3C plays a significant role in developing secure web protocols. Without these standards in place, websites would be far more vulnerable to security threats like hacking and data breaches.
Additionally, the lack of W3C could hinder accessibility for users with disabilities, as there would be no guidelines for creating inclusive web content. This would create barriers for a significant portion of the population.
2. If the interest rate on a savings account is 0.018%, approximately how much money do you need to keep in this account for 1 year to earn enough interest to cover a single $9.99 Below-Minimum-Balance Fee?
The interest from an investment is calculated through the equation,
I = P x i
Where I is the interest, P is the principal amount and i is the interest rate.
P = I / i
Substituting the known values,
P = ($9.99) / (0.018/100) = $55,500
The answer to this item is therefore approximately $55,500.
Define the following terms: 1. Income- 2. Money Supply- 3. Inflation- 4. Recession- Answer the following questions in 1-2 sentences 1. What is the cost-push theory of inflation? 2. Describe the law of diminishing utility. 3. What is the concept of risk and return? 4. Tell me two ways that you can manage risk. For the following statements answer true or false 1. When demand exceeds supply, this is known as the quantity theory of inflation. 2. Recessions occur when there is a drop in spending. 3. Governments may try to end a recession by increasing the money supply. 4. An income tax is set by your place of employment. 5. If you own a stock, you are known as a shareholder. 6. Checking and Savings accounts are ways in which to invest your money. 7. Purchasing insurance is not a good way to manage your financial risk. Short answer-Answer in three to four sentences Describe how Money supply, inflation, and recession are all related.
Income is the flow of cash received from work (in the form of wages), capital (in the form of interest for profit), land (in the form of rent).
The money supply is
the total amount of money in circulation in an economy. How we define “money”
in this sense can vary from physical cash, to include bank accounts, to things
that are even less liquid such as short-term bonds.
Recession is a period of shrinkage in the size of the economy, usually defined by a negative growth rate of GDP. The general rule for determining whether a recession is happening is two consecutive quarters of negative GDP growth.
Inflation is the rate
at which the aggregate price of goods in an economy increases. It is often
represented by the change in price of a representative basket of goods.
Cost-push theory
states that inflation is driven by higher costs of factors of production
(capital, labor), which in turn weakens supply while demand remains consistent,
which increases prices. It is the theory that inflation is primarily driven by
the supply curve moving to the left due to increased costs of production.
The law of diminishing utility (more accurately called the law of diminishing marginal utility), is the general (but not universal) rule in utility theory that each additional unit of an identical good adds a smaller (but usually still positive) additional utility. In other words, the first unit gives you more utility than the second unit, but since you have more total utility with two, you’d rather have two than one.
The concept of risk and return is that, as a general rule, an investor must
expose herself to a higher level of risk in order to achieve a higher return on
her assets. This increase expected return is known as the “risk premium”.
Two ways to manage risk would be to:
1) Diversify your investments. Buying a
wide variety of securities, bonds, or any other financial instrument lowers the
overall volatility of the portfolio, and decreases your exposure to unexpected
volatility in any one holding.
2) Another way to manage risk is to protect your investment using insurance. Insurance helps you avoid the risk of huge and unacceptable losses through a much smaller, periodic expense.
1. This is false. The quantity theory of inflation states that an increase in
the money supply causes an increase of the same percentage in the price levels.
2. This is true. Recessions generally happen when a sharp drop in spending has
occurred.
3. Governments may try to end a recession by increasing the money supply. This
is true. Governments usually do this by manipulating the interest rate of the
central bank. This is known as quantitative easing.
4. False. An income tax is set by and collected by the government.
5. True, Stocks, or shares, are held by shareholders.
6. False. A checking or saving account is a way to save your money. Investment in macroeconomics is defined by purchasing capital or some other asset to generate income, and saving is lending money to these capital investors to earn a return. A checking or savings account enables you to earn a very small return on your savings.
7. False. Purchasing insurance is a wise way to manage your financial risk, as it puts a limit on how much you can lose due to unforeseen incidents such a sudden valuation change in an owned stock or severe damage to your home. Insurance can take many forms, from more formal home insurance to protective options on stocks you own.
Inflation is an increase in the aggregate price level of the economy. This increase in the aggregate price level is attributed in part to more cash in circulation in an economy (the money supply). Recession is a period in which the aggregate demand, due to a decline in general economic activity including spending, for goods declines. This can cause negative inflation, in which aggregate prices drop due to less demand. Governments may try to stimulate an economy in recession by increasing the money supply, usually through the central bank’s interest rate (lower interest rates translate to higher money supply).
Those firms that are categorized as successful tend to pay employees well, train employees, and reduce status differences.
a. True
b. False
Final answer:
It is true that successful firms often pay employees well, provide training, and minimize status differences, as these practices lead to increased human capital and worker satisfaction, which are crucial for higher productivity and company success.
Explanation:
The assertion that firms categorized as successful typically pay employees well, train employees, and reduce status differences is true. This is supported by the understanding that successful organizations tend to invest in human capital by providing in-house or external training, which enhances the productivity of their workforce. By doing so, they equip employees with transferable skills that can be applied across various jobs, as well as specific skills tailored to the company's operations. Moreover, having a workforce that is positive and satisfied contributes to higher productivity levels, which in turn can result in increased earnings and more favorable stock prices for the company. In contrast, a business that underpays or engages in discriminatory practices may lose workers to employers who offer better compensation, thereby applying market pressure for the company to adjust its practices and behave better.
A newspaper article once reported that the u.s. economy was experiencing a low rate of inflation. it said that "low inflation has a downside: 45 million recipients of social security and other benefits will see their checks go up by just 2.8 percent next year."
a. why would policymakers link increases in social security and other benefits to inflation?
b. is the small increase in benefits a "downside" of low inflation, as the article suggests? why or why not?
Policy makers link social security and benefit increases to inflation to maintain purchasing power, which can have downsides for recipients if inflation is low.
Policy makers link increases in social security and other benefits to inflation to ensure that these payments retain their purchasing power over time. When inflation is low, benefits may increase by only a small percentage, which can be seen as a downside for recipients, as their purchasing power may not increase significantly.
Whether the small increase in benefits is a 'downside' of low inflation depends on various factors. While a small increase means the purchasing power of beneficiaries may not improve much, it also indicates a stable economy with controlled inflation rates, which can be beneficial in the long run.
Jason trevor owns a commercial bakery in blakely, georgia that produces a variety of goods sold in grocery stores. trevor is required by law to perform internal tests on food produced at his plant to check for contamination. during one three month period, three tests of food products containing peanut butter were positive for salmonella contamination. trevor was not legally required to report the results to u.s. food and drug administration officials, so he did not. instead, trevor instructed his employees to repeat the tests until the results were negative. meanwhile, the products that had originally tested positive for salmonella were eventually shipped out to retailers. five people who ate trevor’s baked goods that year became seriously ill, and one person died from a salmonella infection.
Sunshine has developed a new cruise offering and is targeting a single, specific segment with a single marketing message. this is an example of ________.