Marketers have a better chance of taking advantage of a person's core beliefs than their secondary beliefs. Core beliefs are deeply held values and attitudes that guide and influence a person’s behavior. These are so deeply entrenched in a person's identity that it is much harder for marketers to sway them.
This statement is False as secondary beliefs are more superficial, and often changeable, beliefs that are less strongly held and may be influenced by outside sources. Marketers may have an easier time trying to influence a person's secondary beliefs, as they are more open to change and persuasion, but it is much more difficult to change a person's core beliefs.
To know more about core belief click here
https://brainly.com/question/7099162
#SPJ4
A company bought a new machine for its warehouse on January 1: • Paid $10,000 in cash • Financed the rest of the purchase price via a $30,000 5-year note • Incurred a separate $2,000 setup charge Monthly depreciation is $500 ($6,000 annual). What's the book value of the new machine on December 31? $9,500 $24,000 $34,000 $36,000
Cost of property encompass fees incurred until asset is positioned to use. In this example book value will include coins paid quantity financed and setup expenses incurred. $36000 is the correct answer!
The required details about book value is mentioned in below paragraph.
In accounting, book value is the cost of an asset in keeping with its stability sheet account stability. For property, the cost is primarily based totally at the authentic fee of the asset much less any depreciation, amortization or impairment fees made in opposition to the asset The book value actually means the cost of a commercial enterprise in keeping with its books or accounts, as pondered on its monetary statements. Theoretically, it's far what buyers could get in the event that they offered all of the company's property and paid all its money owed and obligations.
Computation of Book Value of machine on Dec 31
Cash paid for machine $ 10,000.00
Note payable signed for machine $ 30,000.00
Setup Charges incurred for machine $ 2,000.00
Total Cost $ 42,000.00
Less: Depreciation for the year $ 6,000.00
Book value of machine on dec 31 $ 36,000.00
$36000 is the correct answer!
To learn about book value visit here.
https://brainly.com/question/23057744
#SPJ1
Current liabilities _____ operations, including short-term notes payable and dividends payable are categorized as financing activities.
No, current liabilities are not categorized as financing activities. Current liabilities are categorized as operating activities. Financing activities refer to activities that raise capital for an organization, such as issuing debt and equity, paying out dividends, or obtaining loans and lines of credit.
Short-term notes payable and dividends payable are both types of current liabilities that can be classified as financing activities. Dividends payable are funds that a company has committed to pay to shareholders, usually in the form of cash distributions. Both of these activities involve spending money that has been borrowed or invested, which is why they are categorized as financing activities.
To know more about current liabilities click here
https://brainly.com/question/14287268
#SPJ4
When one business is dependent upon the performance of another business, liability for poor performance becomes easier and clearer to determine. TRUE or FALSE
When one company depends on the success of another, it is simpler to prove liability for inadequate performance. FALSE
What do you mean by liability?A company's potential obligations to clients, vendors, or other businesses are referred to as liabilities. This suggests that future profits for the company won't be possible. In contrast to equity, a responsibility is a way for a firm to obtain funding.
How do assets and liabilities differ?Assets show a net growth in value while liabilities show a net loss in value. By comparing a company's entire assets to its total liabilities using a common accounting calculation, investors can determine the ratio of assets to liabilities and determine the company's value.
To konw more about Liability visit link :
https://brainly.com/question/28391469
#SPJ4
A firm’s WACC can be correctly used to discount the expected cash flows of a new project when that project: will be financed with the same proportions of debt and equity as those currently used by the overall firm. will be financed solely with new debt and internal equity. will be financed solely with internal equity. has the same level of risk as the firm’s current operations. will be managed by the firm’s current managers.
When a new project includes the same amount of risk as the company's current activities, the WACC of the company can be utilized to accurately discount the anticipated cash flows of the project.
The correct option is A.
What is the firm's WACC?The term "weighted average cost of capital" refers to a company's average after-tax cost of capital from all sources, including common stock, preferred shares, bonds, and numerous other types of debt (WACC). WACC is the anticipated average interest rate that a company will pay to finance its current assets.
Why is WACC used and what does it mean?In order to determine whether a return on investment will be more than or equal to an asset, project, or company's expenditure of invested capital, the weighted average cost of capital (WACC), a crucial financial concept, is frequently used in financial circles.
To know more about firm's WACC visit:
https://brainly.com/question/14223809
#SPJ4
I understand that the question you are looking for is:
A firm's WACC can be correctly used to discount the expected cash flows of a new project when that project:
A) Has the same level of risk as the firm's current operations
B) Will be financed solely with new debt and internal equity
C) Will be managed by the firm's current managers
D) Will be financed with the same proportions of debt and equity as those currently used by the overall firm
E) Will be financed solely with internal equity
which of the following statements about capital budgeting is not true? decisions have to be made considering long-term cash flow factors.
The claim on capital budgeting that is untrue is (A) Purchase decisions are made at the manager level.
Long-term choices involving major capital purchases are capital budgeting. Due to the size of the sum, it might not be possible to change these choices. Decisions must take into account long-term cash flow issues because there are a lot of risks associated with the usage of resources. Since they are so important to the business, the buying decisions are made at the highest level.
Making the best judgments is aided by capital budgeting. It includes decisions regarding expansion plans, mergers, and replacements but excludes those pertaining to inventory.
To know more about Capital Budgeting, refer to this link:
https://brainly.com/question/28304454
#SPJ4
COMPLETE QUESTION:
Which of the following statements about capital budgeting is not true
A) Purchase decisions are made at the manager level.
B) Capital purchases are for large amounts.
C) Capital purchases are long-term.
D) Decisions may not be possible to reverse.
E) Decisions have to be made considering long-term cash flow factors.
You recently purchased 100 shares of stock $15 per share. The stock is now worth $20 per share, and it paid $2 dividend during the time you held it. You rate of return on the stock is closest to what percent? -20%, 33%, 35%, or 47%
Purchase Stock may not be less than 50% of the Fair Market Value of the Common Stock on the date such Purchase Stock is offered.
What is a Stock Dividend?
A stock dividend is a dividend payment given in the form of shares rather than cash, and is a strategy employed by firms to disperse wealth to shareholders. When the business has a limited amount of liquid cash on hand, stock dividends are typically distributed in instead of cash dividends.
The timing and format of a stock dividend declaration and payment are determined by the board of directors. A stock dividend is similar to a cash dividend in that it does not boost shareholder wealth or market capitalization.
Although it raises the number of shares a corporation has outstanding, the price per share must fall in tandem. Why the share price must fall if more shares are issued is explained by the fact that a company's market capitalisation stays the same.
To learn more about Stock Dividend refer to:
https://brainly.com/question/2960815
#SPJ4
lyricists trying to break into the big time may find their wordsmith skills are particularly suited to this field that could provide paychecks.
Lyricists looking to break into the big time may discover that their wordsmith skills are particularly suited to this field that can provide a paycheck, which is known as advertising.
What is advertising?Advertising is a marketing strategy that involves paying for advertising space to promote a product, service, or cause. Advertisements, or ads for short, are the actual promotional messages. Advertising's goal is to reach people who are most likely to be willing to pay for a company's products or services and persuade them to buy.Advertising raises consumer awareness of a new product, causing them to come and try it. After reaching a mature age, advertising aids in the creation of goodwill for the company and the acquisition of customer loyalty.Advertising strategies are classified into two types: institutional and product advertising. Institutional advertising is used to promote the brand of a company.There are traditional forms of advertising, such as newspapers, flyers, radio, and television, as well as newer forms, such as online advertising.The complete question :
"lyricists trying to break into the big time may find their wordsmith skills are particularly suited to this field that could provide paychecks is referred to as."
To learn more about advertising refer to :
https://brainly.com/question/14227079
#SPJ4
The dominant strategy for player 1 in the accompanying game is Player 1 Player 2 A B C X 9, 8 10, 12 3, 15 Y 5, 6 12, 20 4, 10 Z 10, 9 13, 4 8, 12
The dominant strategy for player 1 in the accompanying game is
Question 7 options:
C.
X.
Z.
Y.
The dominant strategy for player 1 in the accompanying game is Y.
What is a game theory?In game theory, the dominating strategy is a situation in which one player has superior tactics regardless of how their opponent chooses to play. All other things being equal, that player has an advantage over the opposition in the game. It implies that the dominant player will always have control over the course of events, regardless of the strategies employed by the adversary.
The option with the greatest advantages among the available options is considered the dominant strategy. The dominant strategy focuses on actions taken by any player in the game without taking the opponent's response into account. It is an independent action that the player has taken.
Therefore, based on the information, Y will be the dominant strategy for player 1 in the accompanying game.
Learn more about game theory on:
https://brainly.com/question/7582314
#SPJ1
You choose to participate in a raffle . Raffle tickets sell for $5 each and there are a total of 10000 tickets . The prizes in this raffle are * 1st prize $20,000 college scholarships (1 winner)
* 2nd prize $10,000 college scholarship (2 winner)
* 3rd prize $ 1,000 college scholarship (5 winner) * 4th prize $100 college scholarship (50 winners) You purchase one $5 raffle ticket . How much of your college tuition can you expect to be paid for by your raffle ticket purchase .
The college tuition can that expected to be paid for by purchasing of raffle ticket can be computed through the use of probability.
What is probability?A probability is a numerical representation of the likelihood or chance that a specific event will take place. Both proportions ranging from 0 to 1 and percentages ranging from 0% to 100% can be used to describe probabilities.
The probability is computed by dividing the total number of possible outcomes by the number of possible ways the event could occur. Probability and odds are two distinct ideas. Odds are calculated by dividing the likelihood of an event by the likelihood that it won't.
The probability of winning a scholarship can be computed separately for each raffle prize:
Total No. of Tickets = 10000 tickets
Price per ticket = $5
a) 1st prize college scholarships (1 winner) = $20,000
∴ P = No. of Outcome / Total Outcome = 1/10000 = 0.01%
b) 2nd prize college scholarship (2 winner) = $10,000
∴ P = No. of Outcome / Total Outcome = 2/10000 = 0.02%
c) 3rd prize college scholarship (5 winner) = $ 1,000
∴ P = No. of Outcome / Total Outcome = 5/10000 = 0.05%
d) 4th prize college scholarship (50 winners) = $100
∴ P = No. of Outcome / Total Outcome = 50/10000 = 0.5%
Therefore the probability amount that would be win as college scholarship is $5 which is equal to the raffle ticket price.
Learn more about probability refer:
https://brainly.com/question/11234923
#SPJ1
the stock of money is determined by the federal reserve system and does not change when the interest rate changes; therefore the
The stock of money is determined by the federal reserve system and does not change when the interest rate changes therefore the supply of the money curve is verticle.
The Fed can influence the money supply by changing reserve requirements. Reserve requirements generally refer to the number of funds a bank must hold against deposits in a bank account. By lowering the reserve requirement ratio, banks can lend more money.
Increase the total amount of money in the economy. The Federal Reserve Board controls the money supply by increasing or decreasing the monetary base. The monetary base depends on the size of the Fed's balance sheet. Specifically, it is the currency in circulation plus the balance of deposits held by the custodians of the Federal Reserve.
Learn more about The stock here:- https://brainly.com/question/25818989
#SPJ4
True or False: Load reports show capacity requirements for departments or work centers which may be more or less than the capacity available in that work center
True - Load reports show capacity requirements for departments or work centers which may be more or less than the capacity available in that work center.
In arithmetic, the capability of a hard and fast in Euclidean area is a degree of the "length" of that set. in contrast to, say, Lebesgue degree, which measures a fixed's extent or bodily extent, ability is a mathematical analogue of a set's potential to preserve electric price. more exactly, it's miles the capacitance of the set: the overall rate a fixed can maintain even as retaining a given capacity electricity. The capacity strength is computed with appreciate to an idealized ground at infinity for the harmonic or Newtonian potential, and with recognize to a surface for the condenser capacity.
Learn more about capacity here
https://brainly.com/question/14645317
#SPJ4
When Michael started his construction company, he needed to purchase some very expensive excavating equipment, but he didn't have the cash on hand to do so. He borrowed from the bank to cover this _______ expenditure. Multiple Choice a. principal b. short-term c. capital d. inventory e. intangible
When Michael started his construction company, he needed to purchase some very expensive excavating equipment, but he didn't have the cash on hand to do so. He borrowed from the bank to cover this capital expenditure. The Option C is correct.
What is a capital expenditure?Basically, a capital expenditures refers to the funds used by a company to acquire, upgrade, and maintain its physical assets such as property, plants, buildings, technology, or equipment.
This expenditure is often used to undertake new projects or investments by a company. Making of capital expenditures on fixed assets can include repairing a roof. purchasing a piece of equipment, or building a new factory.
In conclusion, this type of financial outlay are made by companies to increase the scope of their operations or add some future economic benefit to the operation.
Read more about capital expenditure
brainly.com/question/21976414
#SPJ1
Companies often require non-disclosure agreements from their employees because a non-disclosure agreement
identifies all the different ways an employee could violate company policies
obligates the employer to keep the personal information of employees private
protects company secrets from being leaked, which could result in loss of clients
provides for a documented exchange of information between employees and employers
A non-disclosure agreement (NDA) is a contract that is enforceable under law and creates a confidential relationship. The signatory(s) agree that any sensitive information they may collect will not be disclosed to any third parties. A confidentiality agreement is another name for an NDA.
What is non-disclosure agreement (NDA)?
Non-disclosure agreements are frequently used by companies when they get into negotiations with other companies. They give the parties the freedom to exchange private information without worrying that their rivals would obtain it. It might be referred to as a mutual non-disclosure agreement in this situation.
Before conversations between companies about potential joint ventures, the NDA is customary.
To safeguard the private business information of a company, NDAs are frequently demanded of employees.
A confidentiality agreement is another name for an NDA.
Mutual and non-mutual non-disclosure agreements are the two main categories of non-disclosure agreements.
To learn more on non-disclosure agreement from the link:
https://brainly.com/question/19451955
#SPJ1
___ is an expensive way to finance a new business. a. credit b. credit grants c. grants loans d. loans investments d. investments
Answer:
hope this helps
Explanation:
the freaken award is ......................................................... c
What does confirmation bias encourage?
The confirmation bias concept comes from the field of cognitive psychology and has been adapted to behavioral finance. Confirmation bias flourishes because it's an efficient way to process information, it promotes self-esteem, and it eases stress by eliminating conflict and contradictions.
Affirmation bias is a time period from the sphere of cognitive psychology that describes how humans certainly favor information that confirms their previously existing ideals. Professionals in the discipline of behavioral finance locate that this essential principle applies to buyers in notable ways.
Because buyers are seeking for out statistics that confirms their current evaluations and ignore facts or information that refutes them, they will skew the value in their selections based totally on their very own cognitive biases. This mental phenomenon takes place when buyers filter out probably useful facts and evaluations that don’t coincide with their preconceived notions.
Traders must be aware about their very own tendency closer to affirmation bias to be able to overcome negative decision-making, missing chances, and avoid falling prey to bubbles. Looking for contrarian perspectives and keeping off affirmative questions are two approaches to counteract affirmation bias.
Learn more about confirmation bias at
https://brainly.com/question/13044778
Read the statements below carefully, and decide whether it is true or false. And then explain your answer (whether "true " or "false").
a.) If interest rates increase, then investment expenditures by firms will tend to increase also.
b.) If an economy is experiencing cost-push inflation, then its real GDP will tend to be rising in the short run. Describe in words the shift that would happen in the SRAS-AD graphs, to support your answer.
This statement is false because Investment is inversely correlated with interest rates and is dependent on real interest rates.
Therefore, if interest rates rise, investment tends to decline because it is now more expensive for businesses to borrow money, making investment less profitable.
b) False. As costs rise, aggregate supply declines and the supply curve moves to the left, raising prices and lowering real GDP in the economy as a whole.
What is inflation?
Inflation is an increase in an economy's overall level of prices for goods and services. Each unit of currency may purchase fewer products and services as the general price level rises; hence inflation is associated with a decline in the purchasing power of money.
To know more about inflation, click here- brainly.com/question/777738
#SPJ4
Question 1 (1 point) On May 1, 2022, Heineken Company had beginning inventory consisting of 300 units with a unit cost of $7. During May, the company purchased inventory as follows: 600 units at $7 900 units at $8 The company sold 1,500 units during the month for $12 per unit. Heineken uses the average-cost method. The average cost per unit for May is O $7.00. O $7.50.O $7.60. O $8.00.
On May 1, 2022, Heineken Company had 300 units of initial inventory at a $7 per unit cost. The average price per unit for the 20 selections in May is $8.00.
Starting Inventory: What Does It Mean?The total dollar value of stock products that are available for use or sale at the start of an accounting period is referred to as commencing inventory. Beginning stock, also referred to as commencing stock, is the same as ending stock from the previous accounting period.
Stock, often known as inventory, refers to the goods and materials that a business keeps on hand with the intention of reselling, producing, or using them later. Usually, stock control refers to a discipline that generally specifies the number and location of stocked commodities.
Inventory is the collective term for all the materials, supplies, items, and things that a company keeps on hand in order to sell them to customers and turn a profit. If a newspaper distributor employs a vehicle to deliver newspapers to customers, for instance, then merely the newspaper might be regarded as inventory. The four most typical forms of inventory, though there are many others, are raw materials and additives, work-in-progress, finished goods, and maintenance, repair, and functional resources.
[(300 × $7) + (400 × $7) + (600 × $8)] ÷ 1,500 = $7.50; [($12 - $7.50)] × 1,000 = $8.00.
Learn more about Beginning Inventory: https://brainly.com/question/29456396
#SPJ4
A permanent mortgage: O has a term of at least 20 years O is used to finance the purchase of existing properties O cannot be prepaid in any circumstances O none of the above
A permanent mortgage has a term of at least 20 years. The purchase of homes and other real estate is made possible through mortgage loans.
A mortgage is a sort of loan used to buy or maintain a home, a plot of land, or other real estate. The borrower commits to paying the lender over time, usually in a series of regular instalments that are split into principal and interest. As security for the loan, the property is then used.
In order to qualify for a mortgage, a borrower must submit an application through their preferred lender and make sure they satisfy a number of standards, including down payments and minimum credit scores. Before they are closed, mortgage applications must pass a thorough underwriting process. Different mortgage products, including fixed-rate and conventional loans, are available depending on the borrower's needs.
learn more about mortgage here
https://brainly.com/question/15074748
#SPJ4
global corporation had 44,000 shares of $20 par value common stock outstanding on july 1. later that day the board of directors declared a 5% stock dividend when the market value of each share was $29. the entry to record the dividend declaration is: multiple choice debit retained earnings $63,800; credit common stock dividend distributable $44,000; credit paid-in capital in excess of par value, common stock $19,800. debit retained earnings $63,800; credit cash $63,800. debit retained earnings $44,000; credit common stock dividend distributable $44,000. no entry is made until the stock is issued. debit retained earnings $63,800; credit common stock dividend distributable $63,800.
If global corporation had 44,000 shares of $20 par value common stock outstanding on july 1. the entry to record the dividend declaration is: Debit Retained Earnings $63,800; credit Common Stock Dividend Distributable $44,000; credit Paid-In Capital in Excess of Par Value, Common Stock $19,800.
What is journal entry?Journal entry is used by companies to post or record their day to day business transaction.
Retained earnings =44,000 shares × 5% × $29
Retained earnings = $63,800
Common Stock Dividend Distributable= 44,000 shares × 5% × $20
Common Stock Dividend Distributable = $44,000
Paid-in Capital in Excess of Par Value, Common Stock= 44,000 shares × 5% × $9
Paid-in Capital in Excess of Par Value, Common Stock= $19,800
Global corporation Journal entry
Debit Retained Earnings $63,800
Credit Common Stock Dividend Distributable $44,000
Credit Paid-In Capital in Excess of Par Value, Common Stock $19,800
Therefore the entry is Debit Retained Earnings $63,800; credit Common Stock Dividend Distributable $44,000; credit Paid-In Capital in Excess of Par Value, Common Stock $19,800.
Learn more about journal entry here:https://brainly.com/question/28390337
#SPJ1
on april 1 a company sells a 5-year, $60,000 bond with a 7% stated interest rate. the market interest on that day was also 7%. if interest is paid quarterly, the company makes interest payments of .
Group of answer choices
$1,050
$3,150
$4,200
$5,250
If interest is paid quarterly, the company makes interest payments of $1,050.
Interest rate is that the quantity charged over and on top of the principal quantity by the investor from the receiver. In terms of the receiver, an individual who deposits cash to any bank or financial organization additionally earns further financial gain considering the value of cash, termed as interest received by the investor.
For a loan, the market rate is that the average rate of interest which will be charged to the receiver from a spread of suppliers. To the capitalist, the market rate is that the average rate of interest gained from all or a definite set of investment vehicles that ar on the market on the open market.
To learn more about Interest rate here
brainly.com/question/13324776
#SPJ4
A perfectly competitive producer's demand curve is:
a. downward sloping but more elastic than the market demand curve.
b. also the market demand curve.
c. upward sloping.
d. a vertical line.
e. a horizontal line.
A perfectly competitive producer's demand curve is downward sloping but more elastic than the market demand curve.
Demonstrate Demand curve of perfectly competitive marketThe demand curve for the market, which encompasses all firms, slopes downward; yet, the demand curve for a particular firm is flat or fully elastic, reflecting the fact that the customer accepts the price set by the market. The presumption that each firm is small accounts for the disparity in slopes between the market demand curve and the demand curve of each individual firm. The market price cannot be changed by any amount of output a single firm produces. Keep in mind that the amount of output that each firm decides to supply will entirely determine the equilibrium quantity of production for that firm.
To know more about perfectly competitive visit:
https://brainly.com/question/13961518
#SPJ4
TMA manufactures 37-in. high definition LCD televisions in two separate locations, Locations I and II. The output at Location I is at most 6000 televisions/month, whereas the output at Location II is at most 5000 televisions/month. TMA is the main supplier of televisions to the Pulsar Corporation, its holding company, which has priority in having all its requirements met. In a certain month, Pulsar placed orders for 3000 and 4000 televisions to be shipped to two of its factories located in City A and City B, respectively. The shipping costs (in dollars) per television from the two TMA plants to the two Pulsar factories are as follows.
To Pulsar Factories
From TMA City A City B
Location I $6 $3
Location II $7 $10
TMA will ship x televisions from Location I to city A and y televisions from Location I to city B. Find a shipping schedule that meets the requirements of both companies while keeping costs to a minimum.
(x, y) = What is the minimum cost?
$
In easy terms, delivery charges are the fees for the movement of cargo from Point A to Point B. Depending on the kind of contract, a couple of aspects may additionally be included in the transport costs.
Are transport costs by way of dimension or weight?All main carriers use a pricing technique called dimensional weight (also referred to as DIM weight) to calculate shipping rates. Dimensional weight takes into account the size of a package to determine the delivery cost.
Use flat-rate delivery where possible—flat-rate transport will almost always be the pleasant fee for money, especially for domestic delivery. Flat-rate shipping potential that you can predict expenditures greater accurately. No matter what sort of parcel you have or what dimensions or weight it is, the charge will usually be the same.
Learn more about minimum and shipping costs here:
https://brainly.com/question/24317138#SPJ4Jaheem, who owns a hardware store, uses an income statement to show his revenue and expenses over the past three years to potential investors.
True or False
A three-year income statement is used by Jaheem, the owner of a hardware store, to show prospective investors his earnings and outlays. It's untrue what they say.
A statement of income is what?The income statement is one of the three essential financial statements that are used to assess a company's financial performance over the course of a specific accounting period. The balance sheet and the cash flow statement are the two additional crucial statements.The income statement's primary subjects are the revenue, expenses, profits, and losses a company incurred over a certain time period. An income statement, also known as the profit and loss (P&L) statement or the statement of sales and expenses, provides crucial details about a company's operations, the efficiency of its management, underperforming industries, and its performance in relation to peers in the same industry.To learn more about Income statements refer to:
brainly.com/question/28035395
#SPJ4
Which of the following statements is correct regarding the variety and price of products produced under monopolistic competition as compared to production under perfect competition?The monopolistically competitive industry produces a greater variety of products at a higher cost per unit.
A greater variety of products will be produced at a higher unit cost under monopolistic competition than under perfect competition.
How Does Monopolistic Competition Work?Monopolistic competition occurs when numerous businesses offer competing products or services that are comparable to one another, if not perfect. In a monopolistic competitive industry, entry barriers are low and a single company's actions do not directly affect its rivals.
Why does it go by the name "monopolistic competition"?In essence, monopolistically competitive markets are referred to as such because, although businesses compete with one another to some extent for the same group of customers, each company's product differs slightly from that of the others, creating a situation that is similar to a mini-monopoly in the
To learn more about perfect competition here:
https://brainly.com/question/4190313
#SPJ4
Which of the following statements relating to a firm in an imperfectly competitive market and a firm in a perfectly competitive market is true?
a) Firms in both types of markets will likely advertise the merits of their products to increase sales.
b) Firms in both types of markets will increase price to increase total revenues when their demand is inelastic.
c) An imperfectly competitive firm must lower its price to increase sales, while a perfectly competitive firm can increase sales by increasing output at the current price.
d) Barriers to entry give both imperfectly competitive and perfectly competitive firms market power to raise price.
e) As their product becomes different from their competitors' product, both an imperfectly competitive firm and a perfectly competitive firm will face less elastic consumer demand.
An imperfectly competitive firm must lower its price to increase sales, while a perfectly competitive firm can increase sales by increasing output at the current price is True.
What does Firm mean?
A firm is a business organization that provides goods or services to customers and clients. It is usually a partnership or corporation. It can also refer to a company's reputation, financial strength, and management team strength.A "firm" is the name used in a legal context to refer to a specific business organization, whether it is a partnership, limited liability company, corporation, or other type of legal entity.
What does Liability means?
A legal obligation to pay a debt or compensate for a loss or damage is referred to as liability. It is a legal or contractual obligation to pay money to another person or organization. An asset or property that is subject to being used to pay a debt or other obligation is also referred to as a "liability."
Therfore the correct option is c) An imperfectly competitive firm must lower its price to increase sales, while a perfectly competitive firm can increase sales by increasing output at the current price.
To know more about Liability,
https://brainly.com/question/14921529
#SPJ1
Suppose the price level is fixed, the MPC is .5, and the GDP gap is a negative $100 billion. To achieve full-employment output (exactly), government should
A. increase government expenditures by $100 billion
B. increase government expenditures by $50 billion
C. reduce taxes by $50 billion
D. reduce taxes by $200 billion
Multiplier is 1/.5= 2 so 50 billion increases demand by 100 and closes the GDP gap.
Hence, the correct option is B i.e., increase government expenditures by $50 billion.
The difference between an economy's actual gross domestic product (GDP) and its potential GDP, as shown by the long-term trend, is known as the GDP gap. A country's economy forfeits output when there aren't enough jobs for everyone who wants to work, which results in a negative GDP gap. On the other side, a significant positive GDP gap typically indicates that an economy is overheated and at risk of experiencing excessive inflation.
The production gap is the distinction between real GDP and potential GDP.
To learn more about GDP gap visit:
https://brainly.com/question/14042099
#SPJ4
FILL IN THE BLANK. the board of governors is the policy making body at the fed and is responsible for setting the discount rate (rate of interest charged to commercial banks) and the___(the amount of customer deposits which commercial banks must hold back and not loan out).
The board of governors is the policy-making body at the fed and is responsible for setting the discount rate (rate of interest charged to commercial banks) and the reserve requirements (the amount of customer deposits which commercial banks must hold back and not loan out).
in the united states of america, business radio stations make most of their sales by means of selling airtime for use for running radio advertisements. these classified ads are the result of a business or a carrier presenting a valuable attention, usually money, in alternate for the station airing their commercial or bringing up them on air. The maximum common classified ads are "spot advertisements", which generally final for no multiple minute, and longer packages, commonly running up to at least one hour, known as "informercials".
Learn more about commercial here
https://brainly.com/question/1432446
#SPJ4
Which scenario BEST illustrates the connection between human capital and productivity? Madison's grandmother sends her a check for $1,000 to celebrate her high school graduation. Madison meets with a financial advisor and ultimately decides to purchase a mutual sund Alan wants to learn as much as he can about a certain television series. He watches all the episodes one weekend paying particular attention to dialogue spoken by the main chaatien Kyoko, Patrick, and Max are all given the ingredients to make a chocolate cake, but only Kyoko receives a recipe. She finishes her cake before the others, and it is of much better gualty After considering the tuition costs associated with college and calculating his projected earnings for the next few years at his current part-time job Danny decides to attend
The scenario that best shows the connection between human capital and productivity is C. Kyoko, Patrick, and Max are all given the ingredients to make a chocolate cake, but only Kyoko receives a recipe. She finishes her cake before the others, and it is of much better quality.
What is human capital ?Social scientists refer to personal qualities seen to be helpful in the manufacturing process as "human capital." It includes the education, health, and knowledge of the workforce.
Kyoko, Patrick, and Max are each given ingredients needed to make a chocolate cake. However, Kyoto was the only one to receive a recipe which led to her being more productive than others. The recipe was the knowledge described as being part of human capital above.
Find out more on human capital at https://brainly.com/question/28938714
#SPJ1
jackson opened a furniture store as a sole proprietor. during the recession, business declined and he was not able to pay his suppliers and creditors. due to unilimited liability
Property can be used as desired by both private individuals and businesses because: - the entitlement to private property.
Which one of the following qualities is considered essential for something to function as money?Durability, portability, uniformity, divisibility, limited supply, and acceptability are characteristics of money.
What kind of monetary framework is old strategies are utilized in choosing what products to create?In a command economy, the goals of a ruler or ruling class are the focus of economic activity. One good example is ancient Egypt: a huge piece of monetary life was dedicated to building pyramids (like the one at the left), for the pharaohs.
Learn more about private property here:
https://brainly.com/question/29613081
#SPJ4
In the context of the ways in which consumers are treated, competition in the marketplace serves to protect consumers. a. True b. False.
It is true, that in the context of the ways in which consumers are treated, competition in the marketplace serves to protect consumers.
By maintaining low costs and a wide selection of high-quality goods and services, it helps customers. Our economy operates due to competition. The Federal Trade Commission works to keep our markets open and free by enforcing antitrust laws.
A strong market economy is essential to the success of the American economy. Economic fundamentals show that when businesses must compete for customers, the result is cheaper pricing, better goods and services, more variety, and more innovation.
To know more about marketplace visit:
https://brainly.com/question/12961656
#SPJ4
