Total revenue minus the total _____ and total _____ costs of production is economic profit. Multiple choice question. explicit; accounting explicit; modified implicit; explicit implicit; modified
Total revenue minus the total explicit and total implicit costs of production is economic profit.
Economic profit is accounting profit less implicit or opportunity costs. It is also total revenue less explicit and implicit cost.
Explicit cost is the amount used in running a business. Examples are rent and wages.
Implicit cost is the cost of the next best option that is let gone off when one option is chosen over other options. For example, a baker leaves his job to start his own business. His implicit cost is the wages he earned as a baker.
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What will the overall commercial revenue generated by vr and ar.
According to the graph, the overall commercial revenue generated by VR and AR is $ 18 Billion.
The image is a bar graph that presents the overall revenue generated by sales for VR and AR solutions/hardware in $ Billion for 5 years.
The data presented in the graph are:
The first year - $ 18 billion.The second-year - $ 38 billion.The Third-year - $ 105 billion.The fourth-year - $ 170 billion.The Fifth year - $ 215 billion.According to this information, it can be inferred that the overall revenue generated by the commercialization of these VR and AR technological devices generated $ 18 billion in the first year, then the correct answer is C. because it mentions the appropriate amount.
Note: This question is incomplete because there is some information missing and the graph. Here is the complete information and the graph.
What will the overall commercial revenue generated by VR and AR be in the Human Resources industry be in Year 1?
A) $ 1.44 Billion
B) $ 1,224 Billion
C) $ 18 Billion
D) $ 1.08 Billion
E) $ 864 Million
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Companies in European countries sometimes compete with imports of their own products at lower prices because of _____. Multiple choice question. different taxes and competitive price structures the flexibility in import quotas the decline of illegal imports and uniform prices lowered tariffs and similar tax benefits
The importing and exporting activity of a country can affect its GDP, its exchange rate, and interest rates. Companies in European countries sometimes compete with imports of their own products at lower prices because of different taxes and competitive price structures
A weaker domestic currency often leads to exports and also makes imports more expensive and so therefore, a strong domestic currency boast exports and makes imports cheaper.
Pricing as an active instrument is often used by firms to sets prices so as to achieve specific goals, including targeted returns on profit and targeted sales volumes.
Taxes that is placed on goods/services have a lot of ways that it influences the prices of that goods and services.
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Can someone please reading this and tell me if it sounds good so far, thanks!
It actually isn't bad; I would take out the freshman year sentence though.
an example of a non-pecuniary job characteristic is
Answer:
A comfortable work environment.
Explanation:
DESCRIPTION OF THE LAW OF DEMAND
Answer:
The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded
Acme Model Trains started the year with $10,000 worth of model trains in inventory. During the year, it purchased $5,000 more model trains. By the end of the year it sold a total of $7,500 in model trains. Calculate the cost of goods sold using the handout from class or the information provided in Chapter 14.
Based on the information given the cost of goods sold is $7,500.
Using this formula
Cost of goods sold=Starting inventory + Purchases − Ending inventory
Where:
Starting inventory=$10,000
Purchases=$5,000
Ending inventory=$7,500
Let plug in the formula
Cost of goods sold=$10,000+$5,000-$7,500
Cost of goods sold=$7,500
Inconclusion the cost of goods sold is $7,500.
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Taxes assessed on which single industry form a significant source of income for the state and add an element of unpredictability when projecting future revenues
Considering the macroeconomic analysis, Taxes assessed on the Petroleum or Oil industry form a significant source of income for the state and add an element of unpredictability when projecting future revenues.
This is because the petroleum industry is known for its high generating revenue, which has become a significant export for many countries worldwide.
Some countries that rely on petroleum or oil industry include OPEC countries, Russia, Brunei, etc.
However, given that many technologies are trying to move away from Petroleum energy, and due to its non-renewable nature, the revenue from the Petroleum industry is considered unpredictable.
Hence, in this case, it is concluded that the correct answer is Petroleum Industry.
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Identify what is needed to calculate the P/E ratio. (Check all that apply.) Multiple select question. Return on equity Average stockholders' equity Earnings per share Common stock dividends declared Stock price
The computation of the P/E (Price/Earnings) ratio requires C. Earnings per share and E. Stock price.
The Stock price is the current market price per share of the company's stock. The Earnings per share (EPS) is the net income (less preferred dividend) divided by the number of outstanding common stock shares.
Thus, the P/E ratio computation requires C and E.
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A Notary Signing Agent and a borrower have finished signing documents and all that is left to wrap-up the appointment is to check the documents for errors, but the NSA is already late for the next appointment. What should the Signing Agent do next
Considering the situation described above, the Notary Signing Agent (NSA) should check the documents for errors and call the borrower for the next appointment.
This a because, at this stage, what is left is to wrap up the appointment, and checking of errors can be quickly done.
A Notary Signing Agent is an individual whose role is to sign an agent. A courtesy signer is an agent whose function is to ensure a formal signature of an appearer is made to a document.
Generally, the role of an NSA includes the following:
Printing loan documents,Meeting the signer and notarizing their signature, Returning the documents for processing.Hence, in this case, it is concluded that the correct answer is "check the documents for errors and call the borrower for the next appointment."
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Emmanuel thrives when he is assigned to projects that are mostly self-directed. He can be trusted to work on the project independently and check in with his supervisor as needed. Emmanuel also prefers to be paid incentives for quality work. Emmanuel likely has
Based on the information given about Emmanuel, it can be deduced that he has an internal locus of control.
Locus of control simply means the degree to which individuals believe that they have control over the outcome of events.
Locus of control simply infers that the outcome of actions are the result of one's abilities. Since Emmanuel thrives when he is assigned to projects that are mostly self-directed, and can be trusted to work independently, he has an internal locus of control.
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The existence of a ________ means that the interest rate on a two-year bond will exceed the average interest rate on two successive one-year bonds.
________ is the expectation that successful performance of the task will lead to the desired outcome. Multiple Choice Instrumentality Expectancy Valence Effort
Expectancy can be described as the expectation that successful performance of the task would lead to the desired outcome.
Expectancy gives a description of what the person believes that they can do. It is the belief of a person that the effort that they put into a task would help them to achieve performance goals.
The belief that this person has is usually based upon
Self confidencePrior experienceThe theory explains that a person is going to be more motivated to perform if their past effort was recognized.
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Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.
What is the yearly payment amount?
A.$360
B.$6,360
C.$1,800
D.$18,000
Linda is having trouble in her economics class. Although she understands the material, she often gets low grades on her essays because she uses inaccurate language and her sentences are difficult to understand. Which condition is Linda most likely struggling with
Based on the information given, the condition that Linda is most likely struggling with is writing disorder.
From the information given, it was stated that Linda is having trouble in her economics class and that she often gets low grades on her essays because she uses inaccurate language and her sentences are difficult to understand.
The above shows that she has a writing disorder. It's also referred to as dysgraphia. It's when an individual has problems with writing. This has a negative impact on the grade of such a person.
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When did Lillie allow an external company access to her credit report specifically for an auto loan? 5/10/2015 6/5/2015 12/15/2016 5/10/2017
The question is about when Lillie allowed an external company to its credit report.
Lillie received a request by Toyota Financials for her credit report access on 5/10/2015 for an auto loan approval.
She provided the access on 5/10/2017 since the date of removal for this inquiry is 5/10/2017. There is a delay in providing access to the financials of about 2 years.
Lillie allowed access to the external company, Toyota Financial to her credit reports in order to satisfy the company about her financial position and grant her an auto loan.
The correct answer is 5/10/2017.
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Decision making in businesses used to be limited to management. Today, lower level employees are responsible for some of these decisions, as information systems make information available to lower levels of the business. Identify the statement that best describes unstructured decisions.
People often take decisions daily. The statement that best describes unstructured decisions is that Structured decisions are repetitive and routine decisions which are handled procedurally.
Structured decision making is simply referred to as a thoroughly organized analysis of problems so as to make a final decisions that are based mainly on achieving fundamental objectives.
All decision is made up of several primary elements such as management objectives, decision options, knowing beforehand decision outcomes etc.
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In the context of collaborative planning, forecasting, and replenishment (CPFR), handling unforeseen problems is called _____ management.
It should be noted that collaborative planning, forecasting, and replenishment, handling unforeseen problems are known as exception management.
Management by exception simply means a style of business management which focuses on the identification and handling of cases that deviate from the norm.
Management by exception dictates that unusual nature should be reported to senior managers. Therefore, collaborative planning, forecasting, and replenishment, depicts exception management.
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Education benefits both students and the community. Suppose students purchasing education consider only their own benefits when determining how much education to obtain and schools supplying education consider only their costs when determining how much education to supply.
Education has help man to be able to shape a better society to live in by knowing and obeying rights, laws etc. In this situation, the social benefit will be Greater than the private benefit and the amount of education produced will be below the socially efficient amount.
Education has help in a lot of ways. These ways includes;
It has help to become better citizens.It has also help people to secure better-paid job. Education shows us the essence of hard work.Community education is also called community-based education. This is simply an organization's programs aim to promote learning and social development work with individuals and groups in a said communities through the agent of formal and informal methods.
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3. Suppose we have an investment of $10,000 that is earning 2.1% interest compounded continuously. How long would it take to triple the initial investment
It will take an approximate of 52 years to triple the initial investment.
The formula for Future value is A = Pe^(rt)
Given Information
Triple amount
Rate = 2.1%
[tex]3 = e^(.0.021t)\\ln(3) = 0.021t\\t = ln(3)/0.021\\t = 1.09861228867 / 0.021\\t = 52.314870889\\t = 52.31[/tex]
Therefore, it will take an approximate of 52 years to triple the initial investment.
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Paul Mason's firm sells medical equipment to heart surgeons. The company fields a direct sales force that travels the country demonstrating its equipment to heart surgeons and hospital administrators. Recently, Paul's company started producing equipment for eye surgeons, partly to maximize the value of his sales force, which can now call on both heart surgeons and eye surgeons when it makes hospital visits. Paul's firm is attempting to capture economies of ________ through this strategy.
Answer:
scope
Explanation:
Explain why most trade occurs because of comparative advantage. Be sure to provide examples from the data tables or from the lesson to support your answer.
Most trade is due to the comparative advantage of an organization's ability to produce a good or service with lower marginal cost and opportunity cost.
As an example, we can cite trade between Africa and the United States, where Africa markets agricultural products such as corn and citrus to the US, and the US markets technological products such as computers to Africa.
Therefore, companies will use comparative advantage to acquire goods and services at lower prices than other competitors.
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supportive, value-based, and work facilitation are examples of the ________ element in house’s revised path-goal leadership model.
Based on the components of the path-goal leadership model, supportive, value-based, and work facilitation are examples of Leadership behaviors elements in the House’s revised path-goal leadership model.
The other significant elements in House's revised path-goal leadership model include the following:
Follower's characteristics;Task Characteristics.House R.J was 1971 started these elements in his work titled "A Path-Goal Theory of Leader Effectiveness."
These elements define a different aspect of effective leadership.
Hence, in this case, it is concluded that the correct answer is "Leadership behaviors."
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You invest $3,500 at 10% compounded annually for 3 years. How much will your investment be worth in 3 years
Answer:
Your total balance after 3 years would be $4,658.5 with a total compounded interest of $1,158.5
The decision-making process has five steps. After collecting relevant information and evaluating each alternative, the next step is to:
Answer:
Select the course of action
Explanation:
Because it’s the next step after collecting relevant information and evaluating each alternatives
The decision-making process has five steps. After collecting relevant information and evaluating each alternative, the next step is to select the course of action.
What is the decision-making?The process of deciding what to do involves identifying a problem, acquiring data, and weighing potential answers. The value of decision-making comes in how it aids you in selecting among many possibilities.
Group decision-making is preferable when there is sufficient time and the potential consequences of a choice are considerable since it allows the opportunity for all members to contribute their best ideas.
Determining a decision, acquiring data, and weighing potential solutions are all steps in the decision-making process. The best options are selected, and a course of action is decided.
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#SPJ2
Lexon Corp. produces high-nutrition breakfast products. As it enters into foreign markets, it faces strong pressures for both reducing costs and adapting products for local markets. Based on this, the company should use a
Since the company faces strong pressures for both reducing costs and adapting products for local markets, it should use a transnational strategy.
A transnational strategy simply refers to a business structure where the global business activities of a company are coordinated through cooperation and interdependence between the head office and local subsidiaries.
Since Lexon Corp faces strong pressures for both reducing costs and adapting products for local markets, it should use a transnational strategy.
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Select the steps in financial planning. (Select all that apply) Multiple select question. define the firms organizational chart forecasting short term needs recruit employees establish financial controls develop budgets
The available steps which are part of the financial planning process for a business or an individual includes:
B. Forecasting short term needsD. Establish financial controlsE. Develop budgetsAccording to the given question, we are asked to state the available steps which are part of the financial planning process for a business or an individual.
As a result of this, we can see that the main objective of the financial planning process is to optimize the profits which the business makes. With this in mind, we can see that the steps which are
Therefore, the correct answers are options B, D and E
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Managers can limit conflicts brought about by ______ by treating employees equally, being open about why some employees are rewarded, and offering mentoring programs.
Based on workplace or organizational management, Managers can limit conflicts brought about by co-workers by treating employees equally, being open about why some employees are rewarded, and offering mentoring programs.
To promote good working relationships, managers need to solve any conflicts among co-workers amicably by being open to everyone involved.
This will show impartiality from the managers and will help solve the issue permanently.
Co-workers tend to have dynamic relationships in the same organization, and to prevent long-term conflict; managers should settle the issue without looking biased.
Hence, in this case, it is concluded that the correct answer is "Co-workers."
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Major investments in either tangible long-term assets such as land, or intangible assets such as patents are considered to be ______ expenditures. Multiple choice question. master
Major investments in either tangible long-term assets such as land, or intangible assets such as patents are considered to be capital expenditures.
Capital expenditures is the amount spent on the purchases, repair or maintenance of fixed assets. capital expenditures are capitalised and recorded in the balance sheet.
Fixed assets are long term assets used in the production of goods and services. They can be tangible or intangible.
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The most important labor force issue for developed economies is their _________ populations. global diverse aging all of these
