Profession in medical are not practice for money but for public welfare? Do you support this statement? Explain.
please help me
Answer:
Explanation:
if a Doctor decrease his price than poor people can get a better health care for them it
Define Pareto's law. Multiple choice question. It is the ranking of all items of an inventory according to a specific criterion of importance. It is a method of estimating the impact of changing the number of locations on the quantity of inventory held. It is the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company. It is used to determine the order size for a one-time purchase.
Answer:
It is the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company
Explanation:
Pareto's law is a law that describes the points or direction to concentrate the firm's activities and resources on to achieve optimum productivity.
It usually follows the principle that 80% of returns come from 20% of the customers or clients.
Hence, in this case, the correct answer is Pareto's law is defined to be "the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company."
Portillo's Fast Food restaurants are changing their hot dog vendor. The company has realized that in order to stay competitive, its hot dogs need to be made larger and shorter so that they can fit in a new smaller-sized hot dog bun. Consequently, Portillo's is looking for a vendor that can provide a product according to its new specifications at a price that is less than what it was paying in the past. At what stage in the business buying process is Portillo's
Answer: supplier search
Explanation:
Portillo's Fast Food restaurants are in the supplier search stage in the business buying process. The supplier search refers to the stage of the business buying process whereby the buyer or the company seeks the best suppliers or vendors.
The company can compile a list of suppliers and make a research about them to know the one that's most appropriate to carry out the job at hand and will be most effective and efficient. This can be infered from the question as Portillo's is looking for a vendor that can provide a product according to its new specifications at a price that is less than what it was paying in the past.
In the economy of Nocoin bank deposits are ​$ billion. Bank reserves are ​$ ​billion, of which two thirds are deposits with the central bank. Households and firms hold ​$ billion in bank notes. There are no coins. Calculate the monetary base and the quantity of money. Calculate the​ banks' desired reserve ratio and the currency drain ratio​ (as percentages).
Answer:
a.$90 billion
b. $330 billion
c. 20 percent
d. 10 percent
Explanation:
a Calculation to determine Calculate the monetary base
Using this formula
Monetary base =Reserves +Bank notes (dollar bills)
Let plug in the formula
Monetary base=$60 billion+ $30 billion
Monetary base= $90 billion
Therefore the Monetary base is $90 billion
b . Calculation to determine The quantity of money
Using this formula
Quantity of money =Deposits+Bank notes (dollar bills)
Let plug in the formula
Quantity of money=$300 billion+$30 billion
Quantity of money=$330 billion
Therefore Quantity of money is $330 billion
c. Calculation to determine The banks' desired reserve ratio
Banks' desired reserve ratio =2/3*$30 billion
Banks' desired reserve ratio=20 percent.
Therefore the Banks' desired reserve ratio is 20 percent
d. Calculation to determine The currency drain ratio
Currency drain ratio =1/3*$30 billion
Currency drain ratio=10 percent
Therefore Currency drain ratio is 10 percent sure
a tv retailer suppose that in order to sell a number of tvs the price per unit must follow the model p=600-0.3n
A captive agent is a(n): Group of answer choices insurance agent who represents only one insurance company. federal insurance agent who can sell low-cost flood insurance coverage. independent agent who can insure homeowners and tenants together for flood insurance. insurance agent who insures only homes and vehicles. claims adjustor who assesses the probability of law violations during an investigation.
Answer: Insurance agent who represents only one insurance company.
Explanation:
A captive agent is an insurance agent that works for a lone insurance company, either as full time or per time. They are paid their salary and commission or just commission depending on the contract agreed between employer and employee.
They can't do more than one insurance job at a time.
The market for fertilizer is perfectly competitive. Firms in the market are producing output but are currently making economic losses. Which of the following statements is true about the price of fertilizer? Check all that apply. The price of fertilizer must be greater than average total cost. The price of fertilizer must be greater than average variable cost. The price of fertilizer must be greater than marginal cost.
Answer:
The price of fertilizer must be greater than average variable cost.
Explanation:
Being a perfectly competitive market the prices of the fertilizers will rise. As the forms are making economic losses the prices must be greater the average variable costs.A tiny South Pacific island nation produces large quantities of honey-based products. To protect this industry, the island government mandates that only designated trading companies can import the crop, each of which is allocated the right to import a maximum number of pounds of honey each year. This is an example of a(n)
Answer:
Import quotaa
Explanation:
By import quota, we are talking about a type of trade restriction. This particular type of restriction in trades puts a limit on the number or quantity of a commodity that can be imported into a given country as a particular time. When such types of restrictions are put in place the makers of this type of commodity in this economy benefits.
In this question we can see that Pacific island nation would benefit given that there would be less import of the crop. the restriction on imports would make more buyers turn to them.
Format wars, in the context of high-technology industries, refer to: a. battles to control the source of differentiation, and thus the value that such differentiation can create for the customer. b. the confusion among customers that arises as a result of several choices of formats for PCs and other gadgets. c. the price-based battles in the network of complementary products, which is a primary determinant of the demand for an industry's product. d. conflicts within an organization about which format to adopt for their products. e. price-based battles among companies producing similar products.
Answer:
Battles to control the source of differentiation, and thus the value that such differentiation can create for the customer
Explanation:
Technical standards
This is simply refered to as a group of distinction or specifications that producers conforms or simply follows when making a particular product, or a component of it.
Format
This is simply known as set of rules through which technology operates. It is stated that all technology have constraints, that is standards and advantage(pro's)/disadvantage(con's).
Format wars
This are fights to have access or control the source of change (differentiation) and the value that such change can bring for the customer
Dominant design
This is simply known as common set of features or design characteristics of a product.
Technology in industries is changing or revolutionizing aspects of the product even in those not usually considered high- tech
(Choose the most appropriate answer from the choices below) In an assembly line balancing problem, work station cycle time.
I. will decrease as the required production per day increases, other things remaining the same.
II. will increase as the required production per day increases, other things remaining the same.
III. will decrease as the production time per day increases, other things remaining the same.
IV. will increase as the production time per day increases, other things remaining the same.
A. IV
B. II
C. I
D. III
E. I. and IV
Answer:I need points
Explanation:
Hola
Suppose the price elasticity of supply for dog biscuits is 0.8 in the short run and 1.4 in the long run. If an increase in the demand for dog biscuits causes the price of dog biscuits to increase by $15, then the quantity supplied of dog biscuits will increase by about
Answer:
12% short run, 21% long run
Explanation:
In the short run, the price elasticity for biscuits is 0.8
0.8×15
= 12%
In the long, run the price elasticity for biscuits is
= 1.4×15
= 21%
Hence the quantity of supplied dog biscuits will increase by 12% in the short run and 21% in the long run
If the Dow Jones Industrial Average is 3.2% down that means that: Question 10 options: The stocks of all the companies in Dow Jones lost 3.2% of their value. The average value of the 30 blue chip stocks is down by 3.2%. the average of the stocks value of the top 500 companies in the U.S. decreased in value by 3.2% It does not have anything to do with the stock market.
Answer:
b). The average value of the 30 blue-chip stocks is down by 3.2%.
Explanation:
'Dow Jones Industrial Average' also known as 'DJIA' is characterized as the standard indicator to denote the stock-market prices of the shares of the major companies associated with blue-chip in the United States.
As per the question, a down or fall in DJIA by 3.2% would indicate that the stock prices of the companies trading with 'blue-chip' have faced a reduction in their share prices by 3.2% for that day. So, this allows the investors to keep a check on the stock prices and invest accordingly whenever they find it profitable. Thus, option b is the correct answer as the other options fail to convey this idea rather they either talk about the loss of value instead of decrease(in options a and c) or disassociates the entire concept with the stock market(in option d).
Within all demographics in the United States, motorists between the ages of 17 and 22 incur the highest percentages of motor vehicle infractions. When an insurance company levies very high insurance rates to customers within the aforementioned age group, what is the best categorization for the type of risk is being taken
Answer:
speculative risk
Explanation:
the risk is categorized under their age bracket since they tend to be more careless as compared to older motorists engaging in more accidents
Suppose a consumer only purchases food and clothing, and food is plotted along the horizontal axis of the consumer's indifference map. If the price of clothing increases and the price of food and income do not change, then the budget line changes by rotating: Group of answer choices clockwise about the fixed horizontal axis intercept. clockwise about the fixed vertical axis intercept. counter-clockwise about the fixed vertical axis intercept. counter-clockwise about the fixed horizontal axis intercept. none of these options is correct.
Answer:
counter-clockwise about the fixed horizontal axis intercept.
Explanation:
An indifference curve is a graph that shows the two combinations of goods for which an individual is indifferent in its consumption.
Points on an indifference curve represents various combination of goods to which an individual is indifferent to
higher indifference curve represents higher level of utility
An indifference map is a graph of various indifference curves
On the indifference map, indifference curves that are higher would be more preferred to those that are lower
A customer slipped and fell in a store and was severly injured. As required by state regulation, the store's manager conducted an investigation into the cause of the accident and filed the report with the appropriate state agency. The customer subsequently retained an attorney, who filed a civil action against the store in federal district court. The complaint alleged that the store negligently left a spill on the floor of the store, which caused the customer's fall. The customer's attorney served on the store a request for production of documents, which included a request for all documents and reports prepared by the store that relate to the customer's fall and injury. If the store believes that the report prepared by the store manager is protected from discovery under the work product doctrine and the store wants to withhold disclosure of the report, what should the store do
Answer:
The manager notes are protected by a qualified immunity from discovery under the work product doctrine. The store is not liable to disclose report unless there is substantial need.
Explanation:
The customer has fell in a store because of store negligence not because of store manager's negligence. The court decided a case based on facts. The customer's attorney may ask store to produce reports which serve a base for customer injury. Manager notes are protected and therefore they cannot be disclosed unless the court demands it.
The Rybczynski theorem asserts that in a two-good world, and assuming that product prices stay constant, growth in the endowment of one factor of production, with the other factor unchanged, will lead to:
A. An equal percentage increase in the output of both goods.
B. An increase in the output of the good that uses the growing factor intensively and a decrease in the output of the other good.
C. An increase in the output of both goods but a greater percentage increase in the output of the good that uses the growing factor intensively.
D. An increase in the output of the good that uses the growing factor intensively and no change in the output of the other good.
Answer:
The answer is "Option b".
Explanation:
The theorem of Rybczynski affirms that certain expansion in the endowments of one factor of manufacturing throughout the two-good economy, with other unchanged factors, which would be the result in increased output for the product that employs the increasing factor as well as a drop throughout the output of the other good.
Qué aspectos consideras relevantes dentro de una mega tendencia?
Ayuda porfavorr
Answer:
En la inversión y en los mercados monetario y crediticio, se suele hablar de tendencias del mercado al mencionar situaciones en las que los compradores o vendedores dentro del mismo siguen un mismo patrón de comportamiento en forma simultánea, dando lugar a una conducta de mercado que se repite.
Así, hay dos tendencias principales de mercado: la bajista y la alcista. El mercado bajista es un término que significa que la tendencia en el mercado es negativa, es decir, el índice desciende. No existe una definición estricta del término, pero normalmente una caída del 20 por ciento desde su nivel más alto durante un período de al menos dos meses se cuenta como un mercado bajista.
Por su parte, el mercado alcista es un término que significa que la tendencia del mercado es positiva.
In at least 150 words, examine the elements that might lead to a worker receiving a higher salary. Be sure to provide details and examples from your lesson. Provide specific detail and in depth discussion of at least two of the element areas requiring higher pay.
Answer:
As salaries are paid to workers by virtue of the work they perform, a factor that can be decisive for a salary increase is none other than a greater or better performance of the tasks that the worker performs.
On the other hand, wages can also rise if the country's minimum wage is raised, or if there is a situation of inflation that renders workers' wages useless over time.
And also, it may happen that the company that pays the worker's salary is in an exceptional situation that implies a salary improvement as a way of rewarding the performance of its workers.
Prepare a balance sheet in proper format for the company as of December 31st based on the following accounts. Answer questions 8 through 10 based on this balance sheet.
Answer:
Total liabilities = $25,000
Explanation:
Missing information;
Accounts Payable = $5,000
Long-term Notes Receivable = $10,000
Accounts Receivable = $15,000
Accrued Expenses = $3,000
Cash = $10,000
Short-term Notes Payable = $7,000
Retained Earnings = $2,000
Accumulated depreciation = $2,000
Prepaid Expenses = $3,000
Capital Stock = $8,000
Supplies = $7,000
Find:
Total liabilities
Computation:
Total liabilities = Accounts Payable + Capital Stock + Short-term Notes Payable + Accrued Expenses + Retained Earnings
Total liabilities = 5000 + 8000 + 7000 + 3000 + 2000
Total liabilities = $25,000
identify the true statements about managing cycle stocks. (Check all that apply.) Multiple select question. The primary driver of cycle stock is the order quantity. Reduction in order costs results in an increase in cycle stock. Offering the lowest possible price per unit regardless of order quantity would result in smaller order quantities. One way to reduce total average inventory is to reduce the order quantity.
The true statements are:
The main driver of the cycle stock represents the order quantity.If the less possible price per unit is offered irrespective of the order quantity so this should have resulted in the fewer order quantities. In order to decrease the overall average inventory, we have to decrease the order quantity.The stock cycle should be managed by:
Order quantity.Few possible prices per unit so that there is a fewer order quantity.When the overall average inventory is decreased so the order quantity is also decreased.But it should not be managed by the decrease in the cost of the order via increment in the cycle stock.
Learn more about the inventory here: brainly.com/question/14184995
The expen Accounting changes are often made and the monetary impact is reflected in the financial statements of a company even though, in theory, this may be a violation of the accounting concept of se recognition principle states that expenses should be matched with revenues. Another way of stating the principle is to say that:
Another way of saying the above is that d. efforts should be matched with accomplishments.
The Matching Principle in Accounting falls under the Accrual basis which means that expenses should be matched to the period they were incurred and revenue should be matched to the period it was received for.
This ensures that the expenses match the revenue. Another way to say this is that efforts should be matched with their accomplishments because the business incurred expenses as efforts in a period in order to be able to get revenue as accomplishments in that same period.
For example, a business paying salespeople $30,000 in a year are doing so because they hope those salespeople will sell more than that $30,000 in that same year.
In conclusion, matching expenses to revenue is like matching efforts to accomplishments.
For more information on the Accrual basis take a look at https://brainly.com/question/13464862.
A man who had been living with a woman in an old farmhouse left without warning. In a note, he told her that he was not coming back other than to get his possessions in the spring, and he told her not to touch them. Among his possessions was an extensive set of woodworking tools that he kept in a workshop. During the winter, the cost of heating the farmhouse, which the two had previously shared, became too high for the woman to pay. The manager of the local heating oil company agreed to provide heating oil in exchange for unlimited use of the woodworking tools. The man learned that the tools were being used by the manager of the heating oil company and sued the woman for conversion. No harm was done to the tools. If the woman prevails, what is the most likely reason
Answer: No harm was done to the tools
Explanation:
Most times people tend to bridge agreement that they had with other person's, especially when they find out the agreement will favour them. The woman had no right to give out the property of her co-tenant to oil company man, while the co-tenant has every right to sue her, but what would be her escape would be that the tools were still intact, while her reason would be that she wanted to maintain their stay there, which the option was a way to do it.
A builder from State A sued a homeowner from State B for breach of contract in federal court, alleging that the homeowner failed to pay the second half of the agreed-upon price for completion of construction on a house. The process server attempted to serve the summons and complaint on the homeowner at the house, but after two failed attempts, instead served it on an elderly next-door neighbor, who was out in the front yard and volunteered to accept it on the homeowner's behalf. The homeowner then filed a motion to dismiss for insufficient process. Assume that the requirements for service of process in both states are identical to the requirements of the Federal Rules of Civil Procedure. Is the court likely to dismiss the action for insufficient process
Answer:
No
Explanation:
It is very unlikely they the case is dropped for insufficient process as the scenario does not describe any defect in the documentation and writings contained in the document. The issue with the process is likely in the manner in which the document was served. This is because, the document was served to an elderly next door neighbor which in a way can allow the homeowner to file for insufficient service of process. Therefore, the homeowner will most likely fail in it's quest to have the case dropped for insufficient process based on the argument presented above.
On January 1, 2016, Weaver Company purchased as held-to-maturity debt securities $500,000 face value of Park Corporation's 8% bonds for $456,200. The bonds were purchased to yield 10% interest and pay interest annually. The bonds mature on January 1, 2021. Weaver uses the effective interest method of amortization. What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities
Answer:
$461,820
Explanation:
Calculation to determine What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities
First step
Amortization of discount= Purchased value of bond × interest rate of return - face value of bond × interest rate
Amortization of discount= $456,200 × 10% - $500,000 × 8%
Amortization of discount= $45,620 - $40,000
Amortization of discount= $5,620
Now the amount reported is
investment in held-to-maturity debt securities= Purchased value + discount amortization
investment in held-to-maturity debt securities= $456,200 + $5,620
investment in held-to-maturity debt securities= $461,820
Therefore What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities is $461,820
J is issued a Life Insurance policy with a death benefit of $100,000. She pays $600 per year in premium for the first 5 years. The premium then increases to $900 per year in the sixth year, and remains level thereafter. The policy's death benefit also remains at $100,000. Which type of Life Insurance policy is this?
Answer:
Modified Premium Life
Explanation:
The modified premium life is the whole life insurance policy in which the insured person paid the lower amount of premium as compared with the agreed amount for the given time period. When the given time period is done so the payment of the premium should be increased and it can be high as compared to the normal amount
So this means that the premium should be less for 5 years and it could be increased in the sixth year and so on
Therefore the option d is correct
The square root rule _____. Multiple choice question. is a method of estimating the impact of changing the number of locations on the quantity of inventory held. the period of time when an unknown amount of inventory is on hand. specifies the amount of risk of incurring a stockout that a firm is willing to incur. is used to determine the order size for a one-time purchase.
Answer:
is a method of estimating the impact of changing the number of locations on the quantity of inventory held
Explanation:
The rule of the square root stated that the total safety stock should be determined by multiplying the total inventory from the square root of the no of warehouse locations near in future and then it should be divided by the present number
So it is the method of predicting the effect of number of locations that are changed and are based upon the inventory quantity
Therefore the above statement should be considered
Assume that transportation costs are especially high for Widgets in the two-country, two-product Ricardian model, and Country A enjoys a comparative advantage in Widgets, then A) country B must also enjoy a comparative advantage in Widgets. B) country B may end up exporting Widgets. C) country A may switch to having a comparative advantage in the other good. D) country A will still export Widgets. E) trade may be impossible between the two countries.
Answer:
D
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. A country would export the good for which it has a comparative advantage and import the good for which it doesn't have a comparative advantage
For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.
for country A,
opportunity cost of producing beans = 5/10 = 0.5
opportunity cost of producing rice = 10/5 = 2
for country B,
opportunity cost of producing rice = 5/10 = 0.5
opportunity cost of producing beans = 10/5 = 2
Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice
Country A would export beans to country B and B would export rice to A
McCoy’s Fish House purchases a tract of land and an existing building for $900,000. The company plans to remove the old building and construct a new restaurant on the site. In addition to the purchase price, McCoy pays closing costs, including title insurance of $2,000. The company also pays $12,000 in property taxes, which includes $8,000 of back taxes (unpaid taxes from previous years) paid by McCoy on behalf of the seller and $4,000 due for the current fiscal year after the purchase date. Shortly after closing, the company pays a contractor $45,000 to tear down the old building and remove it from the site. McCoy is able to sell salvaged materials from the old building for $3,000 and pays an additional $10,000 to level the land.Required:Determine the amount McCoy’s Fish House should record as the cost of the land.
Answer: $962000
Explanation:
From the information given, the amount
that McCoy’s Fish House should record as the cost of the land will be:
Purchase price = $900,000
Add: Title insurance = $2000
Add: Back property tax = $8000
Add: Cost incurred to remove building = $45000
Add: Cost incurred to level the land = $10000
Less: Savage value of materials = $3000
Cost of land = $962000
Therefore, the cost of land is $962000
A payday loan company has decided to open several new locations in the city. To decide where to open these locations it hires consultants and pays them per store opened. At the end of the quarter, the company notices a many of the new stores’ sales volume fail to meet expectations. To incentivize the consultants to instead focus on opening profitable stores, the company should have paid them
A. Per store opened
B. A percentage of the profit earned per new store
C. A fixed salary
D. All of the above
Answer:
B. a percentage of the profit earned per new store
An increase in the wage rate causes Group of answer choices a decrease in the quantity of labor demanded. an increase in labor's marginal productivity. a leftward shift of the firm's labor demand curve. a rightward shift of the firm's labor demand curve.
Answer:
a decrease in the quantity of labour demanded.
Explanation:
Changes in wage rate leads to changes in the quantity of labour demanded and not a change in demand.
Changes in the quantity of labour demanded leads to a movement along the demand curve for labour and not a shift of the demand curve.
The quantity demanded of labour is inversely related to the wage rate.
An increase in the wage rate increases the cost of employing labour. As a result, the quantity demanded of labour falls
On the other hand, a decrease in the wage rate reduces the cost of employing labour. As a result, the quantity demanded of labour increases
