Answer:
FCCLA's mission is:to promote personal growth and leadership development through family and consumer sciences education.
A company currently makes a component used in production. The per unit costs incurred to make the component include: Direct materials: $5; Direct labor: $2; Overhead: $4; Total cost: $11. Twenty-five percent of the overhead costs are considered incremental. The company can purchase the component from another source for $10. The company should do which of the following?
A. The company should make the components because incremental costs are $2 less than the purchase price.
B. The company should buy the components to save $2 per unit.
C. The company should buy the components to save $1 per unit.
D. The company can be indifferent because incremental costs are $10 and the purchase price is $10.
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how does the inflation affect the standard of living
Answer:
Inflation affects your standard of living because it can reduce your spending power. Retirees are often greatly affected by inflation because many retirees live on a fixed income.
Explanation
Consequently, their disposable income is reduced as day-to-day expenses consume an ever growing portion of their income.
Explanation:
Inflation affects your standard of living because it can reduce your spending power. Retirees are often greatly affected by inflation because many retirees live on a fixed income.
What does the concept of scarcity explain? Choose three answers.
why a product could lose significant value over time.
why people continue to purchase different products.
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why resources can be both renewable and nonrenewable.
why a single resource has more value than another resource.
'Scarcity' is defined as the economic concept that refers to the situation of 'having finite resources and infinite demands.'
The concept of 'Scarcity' explains:
C). why consumers are willing to pay high prices for items.
D). why decisions must be made on how to use resources
F). why a single resource has more value than another resource.
The term 'scarcity' elaborates the causes of all the above-stated problems. Since the demand for produced goods, as well as, services is endless and the resources available to meet this demand are limited, there is an imbalance between the demand and supply. This leads to the hike in prices of the available goods so that one could afford to pay higher will take the good. This makes it important for deciding upon the efficient utilization of resources so that every individual's demand can be satisfied up to some extent.The single resources cost higher due to this reason only as it develops a competition among the buyers.Learn more about 'scarcity' here:
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Answer:
C, D, F
Explanation:
List the basic elements of business plan
Answer:
Company Description
Market Analysis
Competitive Analysis
Marketing Plan
Sales Strategy
Explanation:
Mark me the brainliest if it helped
Which of the following is NOT a function of the Federal Reserve?
To promote stability of the financial system.
To collect taxes from taxpayers.
To conduct monetary policy.
To provide banking services to commercial banks.
To provide banking services to the federal government.
Answer:
To collect taxes from taxpayers
What is the rationale behind the optimal choice of the consumer?
Fatima works in a bakery and earns $120 per week. Fatima’s grandfather has given her $5,000. Fatima is going to use this money to start her own business. She is going to make cakes for special occasions such as birthdays, weddings, and religious
festivals.
1. Give an example for each of the four factors of production Fatima will use in her new business.
2. What is the ‘opportunity cost’ to Fatima of her decision to start her own business?
3. Is Fatima’s business meeting consumer ‘needs’ or consumer ‘wants’? Justify your answer.
1). The four factors that would be involved in Fatima's bakery business would be:
Land or the place where she would prepare and pack the cakes. Labor who would be involved in the production of the cakes. Capital that would be invested to incur the costs of the production. Entrepreneurship is the 'art of employing innovation and risk-taking in the business for making profits.'2). The opportunity cost of Fatima's decision to run her own bakery business would be her weekly earning of $120 per week as it is the cost of the most valuable forgone opportunity.
3). Fatima's business would assist the customers in meeting their 'wants' as she assists them in fulfilling their special and personalized demands for cakes for their various occasions like weddings, festivals, or birthdays and not for regular meals.
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How the business can use creative thinking to solve business problems
Explanation:
Creative thinking helps you to see opportunities in the marketplace or come up with a unique solution to a problem—and isn’t this the cornerstone of any business?
Creativity is key to innovation. When issues come up, you’ll be able to think of ways over, under, or through the roadblocks.
Creativity stimulates the brain and helps us to wake up and pay attention. Noticing more of what’s around us aids in developing novel approaches to help your business stand out.
Creative thinking helps you keep your business presence fresh. You’ll be able to constantly reinvent your business in order to stay in your customers’ awareness.
Creativity helps you shift your perception so you can better understand your customers’ point of view.
Creativity gives you a higher tolerance for risk—you’re used to working through fear of failure.
Creativity improves your leadership skills. Being an effective leader means being creative in your approach and problem-solving. When you have the capacity to let go of the outcome and be open to out-of-the-box thinking, you free your business team up for generating new ideas.
Creativity helps you to broaden your vision of what it means to be successful in your business—what it can offer to the world.
Creativity strengthens your resilience. When those inevitable stressful periods come up, you’re able to bounce back faster instead of getting derailed.
Creativity invites flow and feels good, and when you feel good, you attract your ideal customers and clients.
Can you creatively think of even more ways that creativity can help your business?
Any three reasons except politics on the recent looting of shops,malls and the destruction of business property in gauteng and kwazulu natal
Answer:
its because of stravation
Explanation:
because people did not have food to eat and they needed food
d) How is planning dane? Why is it important
Answer:
The plan consists of two equal parts, the Dane County Comprehensive Plan and the individual Town Plans created and adopted at the local level.
Explanation:
County Comprehensive Plan
Integrates mutliple county level plans into a framework planning document.
Town Comprehensive Plans
Each town has it's own comprehensive plan that is then adopted by Dane County.
We assist Dane County residents, communities and decision-makers in addressing short-range and long-range comprehensive planning issues related to community and regional development, transportation, environmental resources, community services, housing, and economic development. Provide technical assistance to the County on corporate planning, and assist in the coordination of programs.
Answer:
planning is done for being perfect in specific work without any mistakes and without getting any loss.
Private goods are not rival in consumption, but excludable. rival in consumption and excludable. rival in consumption, but not excludable. not rival in consumption and not excludable
Answer:
private goods—excludable and rival in consumption.
Explanation:
1) Private goods = excludable + rival in consumption (wheat/phone/parking space)
2) Public goods = non excludable + non rival in consumption (public sewer system/national defence/Scientific research.)
3) Common resources, non excludable + but rival in consumption (clean water in a river/clean air/fish in the ocean)
4) Club goods, excludable + but non rival in consumption (movies on Netflix/cinemas)
four reasons why Corona virus could be harmful to economic growth??
Answer:
Employees have to be let go because social distancing is a thing
Businesses are not getting enough customers because of quarantine, which leads to them shutting down
Factories that supply stores are shut down to prevent spread in factory lines
For those with computer jobs, working from home does not give an employee as much freedom with printing or scanning as it does at work, which slows down the completion of assignments and lowering the business`s dependability
como hacen las siclas para que uno no se caiga
con materials duro que aguantan bastante peso.
Answer:
lo que dijo thay
Explanation:
Your business has conducted four market research surveys in the past year . The cost per survey is as follows : survey 1: $900 survey survey 2 : 1,200 survey 3: 1,500 survey 4: 1,700. What is the average cost of the market research surveys?
Answer:
$1325
Explanation:
[tex](900 + 1200 + 1500 + 1700) \div 4[/tex]
[tex] = 5300 \div 4[/tex]
[tex] = 1325[/tex]
According to the Law of Supply, what's the result of an increase in the supply of workers for a job, if all other factors remain equal?
Question 12 options:
A:The wage rate will increase, since the pool of talented workers has increased.
B:The wage rate for that job will be pushed down.
C:The wage rate for that job will shift closer to the average rate in that country.
DThe wage rate will be unaffected, since jobs factor in skill and experience.
Answer:
Its A
Explanation:
i just took the test
Assuming all other conditions are equal, the outcome of a rise in the supply of workers for a job Due to the increase in the number of qualified people, wages will rise. Hence option A is correct.
What is Law of Supply ?A key tenet of economic theory is the rule of supply, which asserts that an increase in price will result in an increase in the quantity supplied, all other things being equal.
In other words, there is a direct correlation between price and quantity, and quantities react to price changes in the same way. This indicates that manufacturers are willing to increase production as a means of raising profits in order to sell more of a product on the market at higher prices.
The law of supply, to put it simply, is an association between quantity supplied and the supply curve's rising slope is caused by price and.
According to some heterodox economists like Steve Keen and Dirk Ehnts, the supply curve for mass-produced items is frequently downward-sloping: as production rises, unit prices fall, and vice versa, if demand is extremely low, unit prices rise.
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# SPJ 5
1. Who makes trade-offs?
Answer:
individual, government and businesses makes trade-offs.
Explanation:
this question is in economic chapter 1 session 2 right ?
ummm.......please mark me brainlist
The job _______ results in two written statements: one that specifies the responsibilities, duties and working conditions of the job, and the other setting forth the minimal education and skills required to do the job. specification description analysis assessment
Answer:
The word "Analysis" would most likely fit the statement.
Explanation:
The job analysis results in two written statements: one that specifies the responsibilities, duties, and working conditions of the job, and the other setting forth the minimal education and skills required to do the job.
A trust established by your will that becomes effective upon your death is called a(n) ____________ trust.
testamentary
living
irrevocable
revocable
Answer:
testamentary trust is the answer.
Answer: hello, your answer would be TESTAMENTARY
Explanation:
i just finished the test and got it right
15. Which one of the following statements is true? A. The maintenance margin is the amount of money you post with your broker when you buy or sell a futures contract. B. If the value of the margin account falls below the maintenance-margin requirement, the holder of the contract will receive a margin call. C. A margin deposit can only be met with cash. D. All futures contracts require the same margin deposit. E. The maintenance margin is set by the producer of the underlying asset.
Answer:
b because it kinds of relate 2 agreeing 2 buy or sell a pacific amount of sum
Explanation:
B- The value if it falls below the maintenance-margin requirement, the holder of the margin receives a margin call and ultimately becomes liable to pay such sum to proceed further.
The margin trade funding is a system used by the discount brokers to facilitate its clients to trade with a gradually less amount of funds in the balance with the broker.
The client however is required to pay certain fees to avail such facilities offered by the discount broker on the trade of futures and options in the stock market.But the statement that securities investments are subject to market risks and the money can be zeroed essentially so trades are only advisable to be undertaken by the trader in future securities.When the margin of account holder falls below the allotted margin i.e., it becomes negative then in such cases the trader is liable to bear the losses realized due to such trades.
Hence, the correct option is B that the trader will be liable to receive a margin call and pay any such dues arising out of it.
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Answerrsss please!!!!!
Answer:
A- Lender
B- Plan
C- closing Balance
3
A- False
B- True
C- True
D- False
which of the following assets is the most liquid
Answer:
A. A $20 bill
because cash is the most liquid asset
Reference:
https://africa.businessinsider.com/markets/what-are-liquid-assets-a-guide-to-the-investments-that-are-easiest-to-cash-in-and-why/k6073h1
From the provided options, the most liquid asset is the bill stating $20.
Option A is correct.
What is an asset?An asset is the monetary resource of a company which is acquired in order to get benefits in the future years.
The bill of $20 is considered to be the current asset as it can be converted into cash in short span of time in comparison to the checking account. The current assets are most liquid assets of the balance sheet.
Therefore, the asset given in option A is correct.
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#SPJ2
identify business equipment or resources required to complete task under direct instruction?
Answer:
Explanation:
Estimate quantities and resources correctly to.
Identify an accurate statement about groups of customers with similar need sets. Multiple choice question. They always have identical demographics. They belong to a single, homogeneous demographic group. They can have sharply different demographics. They never have varied demographic features.
When there is a group of customers that have the same requirement sets so the following should be the accurate statement.
The statement "It could have clear various demographics" is correct.
The following information related to the customer is:
It is an individual or the business that buys the goods or services of the company. Without customers, the company could not survive out, neither company could able to make a profit. Now if there are various customers and all have the same kind of needs so it means that there are different demographics.Therefore all other options should not be considered.
Thus we can conclude that The statement "It could have clear various demographics" is correct.
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wat is the definition of economics
True or false? Technology alone will solve most of your client’s problems. As long as you have a basic implementation strategy, you don’t need to worry about building out a detailed plan.
Answer:
ture
Explanation:
technology is here to solve your problems
Technology alone will solve most of your client’s problems. As long as you have a basic implementation strategy, you don’t need to worry about building out a detailed plan, this statement is true.
What is technology?Technology is the development, application, and knowledge of tools, techniques, skills, systems, or administrative procedures used to address a challenge or further a certain objective. Business Models for the Digital Economy.
The primary goal of technology, which combines tools to promote development, use, and information interchange, is to simplify work and find solutions to many of humanity's issues. We must underline the advantages of technology as it develops and continues to make our lives easier.
Hence, Technology alone will solve most of your client’s problems. As long as you have a basic implementation strategy, you don’t need to worry about creating out a detailed plan.
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#SPJ2
1) A small firm employs nine workers. The wages it pays to these workers are $200, $220, $280, $300, $310, 320, $330, $350 and $390 a week. What is the average wage paid?
solution :
sum of dollar =200+220+280+300+310+320+330+
350+390
Now,
average =total sum of all dollar
total sum of worker
=2370
9
=263.333#
discuss how the problems of what, how and for whom exist
The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You are required to prepare financial statements as at 31st December 2019.
Briefly explain how the government uses taxation as a redistribution method
Answer:
The purpose of this is to increase economic stability.
ANSWER NEEDED ASAP MULTIPLE CHOICE
What's the difference between the federal deficit and the national debt?
(A) Th federal deficit is the amount of money owed to the government by individual taxpayers, and the national debt is the amount of money owed to the government by other countries.
(B) The federal deficit refers to the gap between what the government earns and spends in a year, while the national debt is the total cumulative amount of money the government owes.
(C) The federal deficit refers to a situation in which the government brings in more than it spends, and the national debt refers to a situation in which the government spends more than is earns.
(D) The federal deficit is the total amount of money the government owes, and the national debt is the amount the country overspent in the last fiscal year.
