Answer:
The Pennsylvania State University,
College of Agriculture, Extension Service,
University Park, Pennsylvania
Mushroom farming consists of six steps, and although the divisions are somewhat arbitrary, these steps identify what is needed to form a production system.
The six steps of mushroom farming:
Phase I
1. Composting
Phase II
2. Composting
3. Spawning
4. Casing
5. Pinning
6. Cropping
This scenario describes a tax system. Isabel pays Tony and Juan on the computer. pays the highest tax rate on the computer. would be the most affected by an increase in the sales tax rate.
Answer: 1.Regressive
2.Same Tax
3.Tony
4.Tony
Explanation:
It's regressive as Tony who earns the least income pays a higher proportion of his tax than others.
Isabel pays thesame tax as Tony and Juan on the computer.
Tony pays the highest tax rate on the computer. He paid 1.6%, Juan paid 0.32% and Isabel paid 0.21%.
Tony would be the most affected by an increase in the sales tax rate.
Answer:
regressive, the same tax
and 3 & 4 is tony.
Explanation:
Absolute advantage is the ability of an individual, firm, or country to produce: A. a certain good at a lower opportunity cost than other producers. B. more of a certain good than other competing producers, given the same number of resources. C. more of a certain good than other competing producers, given more resources. D. a certain good at a lower total cost than other producers.
Answer:
D
Explanation:
Absolute advantage is the ability of an individual, firm, or country to produce B. more of a certain good than other competing producers, given the same number of resources.
The term "absolute advantage" refers to the 'authority or power of an individual, firm, or country to do any economic activity that is more efficient than others. In other words, it is when a particular business is given the opportunity to produce goods more efficiently than others.
In economics, there are two types of advantages- absolute and comparative advantage. Absolute is where an individual firm, company, etc. is given the right to produce a better goods with a lesser labor force. On the other hand, comparative advantage is where the production cost is taken into consideration. This means that an individual firms or nation may be subjected to lower opportunity costs as compared to other producers.The economic concept where production rights are given more to a particular firm or nation or even an individual is referred to as absolute advantage. Thus, the correct answer is option B.
Learn more about absolute advantage here:
brainly.com/question/23601678
Record the following selected transactions for January in a two‐column journal. Once you have completed that, answer questions 1 – 5 related to your work.
(a) Earned $7,000 fees; customer will pay later.
(b) Purchased equipment for $45,000, paying $20,000 in cash and the remainder on credit
(c) Paid $3,000 for rent for January.
(d) Purchased $2,500 of supplies on account.
(e) A. Allen $1,000 investment in the company.
(f) Received $7,000 in cash for fees earned previously.
(g) Paid $1,200 to creditors on account.
(h) Paid wages of $6,250.
(i) Received $7,150 from customers on account.
(j) A. Allen withdrawal of $1,750.
2. For part (h), which two accounts are affected?
Question 2 options:
Fees Earned and Cash
Wages Expense and Cash
Accounts Payable and Cash
Rent Expense and Cash
Answer:
a) Dr: Receivable (Asset) 7000
Cr: Service Revenue (Income) 7000
b) Dr: Equipment (Asset) 45000
Cr: Cash (Asset) 20000
Cr: Payable (Liability) 25000
c) Dr: Rent (Expense) 3000
Cr: Cash (Asset) 3000
d) Dr: Inventory (Asset) 2500
Cr: Payable (Liability) 2500
Tetradic Solutions has been making purchases from Ribbon, Inc., for the last three years. Every three months, it makes the same order of 5,000 ml of Ribbon, Inc.'s, secret compound used in Tetradic's lotion line. Recently, Tetradic has seen a downturn in demand and needs to alter its usual order from 5,000 to 3,500 and hopefully reduce the price per ml. What BEST describes Tetradic's situation
Answer: modified rebuy
Explanation:
Tetradic's situation can be defined as the modified rebuy. Modified Rebuy refers to a purchasing situation whereby an individual or organization buys goods that they've bought before but then changes the supplier or some elements in the previous order.
Based on the question given, Tetradic Solutions alters his purchase as the order was modified. In modified rebuy, the specifications of the product, prices, and suppliers can be changed as well.
For example, the sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. Suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. Many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. The actual price level turns out to be 90. Faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. Sales from catalogs will _____________.
Answer:
fall
Explanation:
We know that when demand for goods and services are low, this can impact prices since there would be a fall in sales. This happened due to the fact that people would reduce their demand for the good given the increase in their price. From the question that we have here we have been told that the prices that were set by the catalogue when compared to the actual price level is on the high side.
given this explanation, the conclusion is that the sales from catalogues are going to fall
A firm has a demand function p=108-5q and the cost function c=-12q+q^2. find the price at which profit is maximum. find the maximum profit. also find the output for maximum cost.
Answer:
[tex](a)\ q=3.5[/tex]
[tex](b)\ t_{max} = 120.25[/tex]
(c) No maximum
Explanation:
Given
[tex]p = 108 - 5q[/tex]
[tex]c = -12q + q^2[/tex]
Solving (a): The price at maximum profit.
The profit (t) is calculated using the following function
[tex]t = p - c[/tex] --- price- cost
So, we have:
[tex]t = 108 - 5q - (-12q + q^2)[/tex]
Open bracket
[tex]t = 108 - 5q +12q - q^2[/tex]
[tex]t = 108 +7q - q^2[/tex]
Rewrite as:
[tex]t = - q^2 + 7q + 108[/tex] --- this is the profit function
A quadratic function is represented as:
[tex]y = ax^2 + bx + c[/tex]
The maximum is:
[tex]x = -\frac{b}{2a}[/tex]
By comparison:
[tex]q = -\frac{7}{2*-1}[/tex]
[tex]q=3.5[/tex] ----- price at maximum profit
Solving (b): The maximum profit
The profit function is:
[tex]t = - q^2 + 7q + 108[/tex]
The maximum is:
[tex]t_{max} = -3.5^2 + 7 * 3.5 +108[/tex]
[tex]t_{max} = 120.25[/tex]
Solving (c): Maximum cost
We have:
[tex]c = -12q + q^2[/tex]
The maximum price of the above function is:
[tex]q = -\frac{-12}{2*1}[/tex] ---- from x = -b/2a
[tex]q = \frac{12}{2}[/tex]
[tex]q = 6[/tex]
So, the maximum cost is:
[tex]c_{max} = -12 * 6 + 6^2[/tex]
[tex]c_{max} = -36[/tex]
The cost function has no maximum; only minimum
Olivia bought a $1,874 sprinkler system with her credit card. Her credit card has an APR of 10.31%, compounded monthly. She made no other purchases on the card until the sprinkler system was fully paid for, which took four years of identical monthly payments. Over the eight years that Olivia kept the sprinkler system, it used an average of $2.11 in water per week. After eight years, what percentage of the total lifetime cost of the system did the original price make up
Answer:
Percentage of the total lifetime cost of the system that the original price made up = 59.07%
Explanation:
The monthly payments for the sprinkler system can be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV = Present value or original price of the sprinkler = $1,874
P = Monthly payment = ?
r = Monthly interest rate = APR / 12 = 10.31% / 12 = 0.1031 / 12 = 0.00859166666666667
n = number of months = number of years of payment * 12 = 4 * 12 = 48
Substitute the values into equation (1) and solve P, we have:
$1,874 = P * ((1 - (1 / (1 + 0.00859166666666667))^48) / 0.00859166666666667)
$1,874 = P * 39.1976732321759
P = $1,874 / 39.1976732321759
P = $47.81
Therefore, we have:
Total payment for the sprinkler = Monthly payments * Number of months = P * n = $47.81 * 48 = $2,294.88
Total cost in water = Cost in water per week * Number of weeks in a year * Number of years that Olivia kept the sprinkler system = $2.11 * 52 * 8 = $877.76
Total lifetime cost of the system = Total payment for the sprinkler + Total cost in water = $2,294.88 + $877.76 = $3,172.64
Percentage of the total lifetime cost of the system that the original price made up = (Original price of the sprinkler / Total lifetime cost of the system) * 100 = ($1,874 / $3,172.64) * 100 = 59.07%
Answer:
B on. edge 2022
Explanation:
(Step by step explanation)
HELP PLS
A construction company in a small town needs to hire workers to build a new community center. There are only 4 people in town who are qualified to work:
- Klara works full-time at the local gas station, earning $8.99 per hour
- Henry works full-time as an administrative assistant at the town hall, earning $19.99 per hour
- Alex works four hours a day mowing lawns, earning $11.99 per hour, and another four hours a day cleaning houses, earning $17.99 per hour
- Melody works full-time at a bank in the next town earning $22.99 per hour
What hourly wage must the construction company offer to get enough workers to fill 30 hours per day? Assume your answer is in dollars per hour and enter a numeric value only.
Answer:
$23
Explanation:
DeWitt Industries has adopted the following production budget for the first 4 months of 2017. Month Units Month Units January 10,440 March 5,190 February 8,240 April 4,120 Each unit requires 3 pounds of raw materials costing $2 per pound. On December 31, 2016, the ending raw materials inventory was 9,500 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month’s production requirements. Prepare a direct materials purchases budget by month for the first quarter.
Answer:
DeWitt Industries
Materials Purchase Budget for the first quarter:
January February March
Ending inventory 1,648 1,038 824
Production
requirements 31,320 24,720 15,570
Beginning inventory 9,500 1,648 1,038
Purchases (pounds) 21,820 23,072 14,532
Explanation:
a) Data and Calculations:
Production Budget
Month Units
January 10,440
February 8,240
March 5,190
April 4,120
January February March April
Production Units 10,440 8,240 5,190 4,120
Production
requirements 31,320 24,720 15,570 12,360
Materials Purchase Budget
January February March April
Ending inventory 1,648 1,038 824
Production
requirements 31,320 24,720 15,570 12,360
Beginning inventory 9,500 1,648 1,038 824
Purchases (pounds) 21,820 23,072 14,532 11,536
State the type of skewness for a frequency distribution whose three quartiles are 21, 18 and 20.
Answer:
Left skew
Explanation:
Given the quartiles of a distribution :
21, 18 and 20
Lower quartile, Q1 = 18
Median, Q2 = 20
Upper quartile, Q3 = 21
Representing the quartiles of the distribution as box plot, we can see that the median, Q2 is much closer to the third quartile, Q3, Than it is to the first quartile, Q1. Hence, we have a left skew or a negatively skewed distribution.
On April 1, 2021, Austere Corporation issued $320,000 of 15% bonds at 106. Each $1,000 bond was sold with 40 detachable stock warrants, each permitting the investor to purchase one share of common stock for $19. On that date, the market value of the common stock was $16 per share and the market value of each warrant was $3. Austere should record what amount of the proceeds from the bond issue as an increase in liabilities
Answer:
$300,800
Explanation:
First Calculate the proceeds from the issuance of the bond
Proceeds from bonds = Face value x Price rate = $320,000 x 106% = $339,200
Now calculate the fair value of the warrant issued
Fair value of warrant = Numbers of shares x Stock per bond x Market value of each Warrant = ( $320,000 / $1,000 ) x 40 x $3 = 320 x 40 x $3 = $38,400
Liability Portion = Procedds from bonds - Fair value of waarants = $339,200 - $38,400 = $300,800
1.How does a teacher maintain the quality of education. write in brief.
2 why do you think that the teaching job is the most important. give reasons
3. do you like teaching job?why or why not?give reasons as much as you can.
4. Differentiate between teaching profession and other professions in the context of our country.
Answer:
Explanation:
Simple Guidelines To Improve Teaching Quality and Effectiveness In The Classroom
Introduce technology in the classroom. ...
Personalise the learning experience of the students. ...
Involve Parents in The Classroom. ...
Empower students to be active learners.
how bad does a W look on a transcript?
Answer:
W's do not count against your overall GPA and thus, do no harm grade-wise. However, W's can run you at risk of losing financial aid. Schools have what's known as satisfactory academic progress which means that you'll need to be completing your courses for credit.
Deborah was initially thrilled when she signed a listing agreement with her client, Jeb, to sell his five-bedroom colonial in a beautiful neighborhood. Since then, however, it was becoming more and more difficult to get along with Jeb. She felt like she was doing her best to sell his house, but with every day that passed without an offer, he became more and more disagreeable. She wondered what she could do to resolve the situation. What advice would you give Deborah?
Answer:
Refer Jeb to a colleague who might be a better match and take the referral fee.
Explanation:
An agent is someone that works to make his principal have the best outcome in a transaction.
In the given scenario Deborah is helpng Jeb to sell his five-bedroom colonial in a beautiful neighbourhood.
However they have not been getting along and he is becoming more disagreeable.
To resolve the situation it is better she gets another agent who will work better with Jen and take the referral fee.
This will ultimately make the client happy.
Scenario: Over the last several months, there has been a rapid increase in the number of loans that banks have provided for mortgages and small businesses. This change has raised concerns for the Fed. Today, the Fed has announced an increase in the interest rates that it is charging banks. In this scenario, what is the Fed trying to do by increasing interest rates
Answer:
Decrease the total spending.
Explanation:
When the number of loanable funds market is high, interest rates are low, which thereby insentivises spending. Banks will loan out more and thus the economy will be in a short-term expansionary phase. The feds will implement an increase in interest rate via fiscal policies and decrease the overall spending.
This is known as *crowding out*.
Please I need help!!
Answer:
A
Explanation:
Porter's study identified components of the German textile and apparel sector: cotton, wool, synthetic fibers, sewing machine needles, and textile machinery. These were all successful industries in a single country that grouped into related industries. This grouping is an example of a(n)ples of basic factors of production as identified by Porter
Answer:
cluster
Explanation:
From the question we are informed about Porter's study which identified components of the German textile and apparel sector: cotton, wool, synthetic fibers, sewing machine needles, and textile machinery. These were all successful industries in a single country that grouped into related industries. This grouping is an example of cluster of basic factors of production as identified by Porter.
Factors of production can be regarded as resources which are been considered as the building blocks of an economy, they are the inputs that are used in the production of goods as well as services. It can be divided into categories by Economists; these are
✓capital
✓land
✓ labor
✓entrepreneurship.
When Reba lists the Chandlers’ home in the MLS, she will categorize it as a ______. a. Retro-commissioned structure b. Townhome c. Converted structure d. Single-family home 2. If the Chandlers sell the home at this time, is it likely that they will have a capital gains tax obligation? a. Yes, if they sell the home for more than $500,000. b. Yes, if they sell the home for a net capital gain. c. No, as long as the gain does not exceed $500,000, assuming that they are filing a joint return. d. No, because the sale of a primary residence is not subject to capital gains tax. Chapter 4 Home Ownership
When Reba lists the Chandlers’ home in the MLS, she will categorize it as a townhome.
If the Chandlers sell the home at this time, is it likely that they will have a capital gains tax obligation? No, as long as the gain does not exceed $500,000, assuming that they are filing a joint return.
Assume the perpetual inventory system is used. 1) Green Company purchased merchandise inventory that cost $16,100 under terms of 3/10, n/30 and FOB shipping point. 2) Green Company paid freight cost of $610 to have the merchandise delivered. 3) Payment was made to the supplier on the inventory within 10 days. 4) All of the merchandise was sold to customers for $23,700 cash and delivered under terms FOB destination with freight cost amounting to $410. What is the amount of gross margin that results from these transactions
Answer:
$7,473
Explanation:
Calculation to determine the amount of gross margin that results from these transactions
First step is to calculate COGS
COGS=$16,100-($16,100 * 0.03)+$610
COGS=$16,100-$483+$610
COGS=$16,227
Now let calculate the Gross margin
Using this formula
Gross margin = Sales revenue - COGS
Let plug in the formula
Gross margin=$23,700 - $16,227
Gross margin =$7,473
Therefore the amount of gross margin that results from these transactions is $7,473
"The importance of international employment is huge for the countries like Nepal" .explain
Explanation:
what will you do if we solve the answers. so,solve problem your self .if it is your home problem you wouldn't ask us and solve it. so solve your questions your self .thankyou if you like my answer like
A plaintiff sued a chimney sweeping company for personal injury and property damages resulting from an explosion in her chimney the evening after the company had cleaned it. The explosion, which occurred when the plaintiff lit a fire in the fireplace, caused minor damage to the chimney, roof, and to the plaintiff, who was hit by falling bricks. As evidence that she assumed the risk of injury, the company offers to have its foreman testify that he had told the plaintiff not to use the fireplace for 24 hours to allow certain chemicals to evaporate. Is the foreman's proposed testimony hearsay
Answer:
No, because the statement is not offered for its truth.
Explanation:
Hearsay is defined as a statement that is aimed at proving the truth of a matter.
So if a person makes a statement not aimed at proving the truth of a matter it is not hearsay.
In the given scenario the company offers to have its foreman testify that he had told the plaintiff not to use the fireplace for 24 hours to allow certain chemicals to evaporate.
This statement is offered as a way to test the knowledge of the plaintiff. To see if he was aware of the danger of in the space of 24 hours.
That statement was not issued as a way of showing that it was dangerous for the plaintiff to light a fire, only to test his knowledge. So it is not hearsay.
Question 6 of 25
For which of the following housing situations is there a tenant and a landlord?
O A. Buying a home
B. Staying at a hotel
O
C. Renting a house
O
D. Selling a condominium
Could someone answer this pls?
Answer:
C
Explanation:
This is because, in renting a house, the owner becomes your landlord and you become the tenant
Which of these would increase the quantity of CD players supplied at an electronics store in the mall?
A. The increase in the number of electronics stores in the mall
B. An increase in the price of the computer chips used in CD players
C. An increase in the price of CDs at a music store in the mall
D. An increase in the selling price of CD players at that store
Answer:
D
Explanation:
it would increase if more are sold in the store
New media radically alter relationships in the production and consumption of accessible content related to sports worldwide by _____. Multiple choice question. increasing state control on all interpretations and commentary related to sports allowing media conglomerates to control the distribution of content related to sports making possible individually created and selected information, interpretation, and entertainment improving the gatekeeping of content by journalists, editors, and commentators
Answer:
making possible individuality created and selected information, interpretation and entertainment
Explanation:
In the case when the new media change the relation with respect to the production and consumption for the content that related to the sport for a worldwide so there is the possibility that could be make on individual basis and the information is also selected, interpreted and entertained
So as per the given situation, the above statement represent an answer
The free-rider problem arises when an individual ____________. A. does not pay for a good because that individual is engaging in illegal activity. B. pays for a good only when being monitored by the authorities for noncompliance. C. does not pay for a good because nonpayment does not prevent consumption. D. pays for a good only when he or she is in the top quartile of people needing the good.
The free-rider problem arises when an individual [C] does not pay for a good because nonpayment does not prevent consumption.
Disintermediation involves ______. Multiple choice question. professionally managed and centrally coordinated channels designed to achieve economies and maximize impact one firm's marketing channel being used to sell another firm's products a contractual arrangement between a parent company and another entity that is allowed to operate a business under an established name a channel member bypassing another member to sell or buy product directly
Answer:
a channel member bypassing another member to sell or buy product directly.
Explanation:
A marketing channel can be defined as the process of developing marketing techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers. There are four (4) main types of marketing channels;
1. Direct selling.
2. Dual distribution.
3. Reverse channel.
4. Sales through intermediaries.
The marketing intermediaries consist of retailers, wholesalers, agents or brokers, franchises, and distributors or dealers in the supply of goods and services to the customers.
The three (3) main functions of the intermediaries includes;
I. Logistical function: it involves assortment, sorting, storing and transportation of goods.
II. Transactional function: it involves an intermediary buying, selling and taking risks with respect to goods and services.
III. Facilitating function: it involves financing, marketing, grading and conducting research on a product or service.
Disintermediation can be defined as a strategic process which typically involves cutting out or isolating one or more intermediary (middleman) such as retailers, wholesalers, banks, agents (brokers), franchises, distributors (dealers) and other third parties from a supply chain, decision-making process, or business transactions.
This ultimately implies that, disintermediation involves a channel member bypassing another member to sell or buy product directly.
Assume you plan to start a new enterprise; you know the probability of having losses for the first three years of operations is almost 90 percent, and you know you will report a substantial amount of income from other sources during those same three years. From a tax perspective, which of the following entity choices would not allow you to offset the entity losses against your income from other sources?A. C corporation.B. LLC.C. General partnership.D. S corporation.
Answer:
A. C corporation.
Explanation:
In the case of c corporation, it does not permit for setting off the business or entity loss that opposed to the income held from the other sources
so in the given scase, the c corporation does not permit for offsetting the losses
And, rest of the options should be permitted for the same
therefore the option a is correct
Identify a true statement about succession planning. Group of answer choices Long-term succession planning should exclusively include the CEO and top-level executives. Looking both internally and externally for potential candidates should be avoided during succession planning. It discourages the practice of making status-blind employment decisions. It provides career opportunities and plans for individuals, which helps retention and performance.
Answer:
It provides career opportunities and plans for individuals, which helps retention and performance.
Explanation:
Given that succession planning is the planning technique that involves the turning over of a firm's leadership roles, which is usually the owner of a firm or business to one or more employees such that the businesses keep running smoothly even after the firm's pioneers have long gone.
Some of the factors to consider when developing succession plans are
1. Internal candidates.
2. Candidate development.
3. Multiple candidates.
4. Diversity.
5. Team approach.
6. Middle management of the firm
7. Retention
Hence, the true statement about succession planning is that "it provides career opportunities and plans for individuals, which helps retention and performance."
291. Much of the hope for continued improvement of the economy lies in the projection of increasing consumer spending this year. . A. projection of increasing consumer spending B. projection of consumers increasing spending for C. projected consumer spending increase 37 D. consumer spending that is projected to increase E. increase in consumer spending that is projected for
Answer:
The correct answer is E:
Much of the hope for continued improvement of the economy lies in the increase in consumer spending that is projected for.
Explanation:
i. Much of the hope (this is the main Subject of the conversation)
ii. for continued improvement (this is the Prepositional phrase. It modifies the noun “hope”)
iii. of the economy (this is a Prepositional phrase – it modifies the noun “improvement”)
iv. lies in the projection (This is the main Verb – “lies”)
v. of increasing consumer spending this year. (This is the prepositional phrase. It modifies the noun “projection”)
At first glance, it would appear that the positive experience that is anticipated is the projection.
A projection (unqualified) in this case is an estimate of how a thing will be in the future.
Having stated this, we see that it is more logical to hope for a positive experience that will occur than to just hope. Hence the hope is really in the increase in consumer spending not in the projection as a separate word.
(E) therefore is the Correct option because in this option that in this option “that” modifies “increase”.
Cheers
steps to follow when doing production process
Answer:
Development
Pre-production
Production
Post-production
Distribution
