The new entry strategy that a firm chose is dependent upon the ______________ and the ______________ of the new business concept. group of answer choices

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Answer 1

The new entry approach that a association choses is based upon the riskiness and the innovations of the new enterprise concept.

What is new market entry strategy?

Market entry approach is a planned distribution and shipping approach of goods or services to a new goal market. In the import and export of services, it refers to the creation, establishment, and management of contracts in a foreign country.

Why are market entry techniques important?

Market entry strategies are necessary because selling a product in an international market requires specific planning and preservation processes. These strategies enable businesses to stay prepared before, throughout and after getting into new markets.

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prepare journal entries for the following transactions for kaboom inc. a. paid $2,400 cash for a 6-month insurance policy. b. declared dividends of $4,000 cash. c. paid $6,000 cash in salaries for the month. d. provided $16,000 in services for customers on account. e. collected one-half of the amount due from customers in part d.

Answers

Journal entries are a crucial component of accounting for a firm since they not only serve as a record of every transaction but also reveal which accounts are impacted by them. This practice is referred to as double-entry bookkeeping.

What is a Journal Entry?A journal entry is an act of recording any transaction, whether one that is economic or not. An analysis diary that depicts the debit and credit proportions of a company lists trades. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry. To document a business transaction in the accounting records of the company, a journal entry is employed. A journal entry is often made in the general ledger, but it can also be made in a subsidiary ledger and subsequently rolled forward into the general ledger after being summarized. General journal entries are not processed automatically as invoices or cash receipts are processed; rather, they are entered manually into the general ledger.

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A cost incurred for the benefit of more than one profit center is referred to as a(n) _______cost.
a. avoidable
b. traceable
c. direct fixed
d. indirect fixed

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Indirect fixed costs are expenses incurred for the benefit of many profit centers.

Even if fixed expenses, such as the price of assembly-related items, are not incurred directly by the production process, they nonetheless contribute to overall production costs. As a result, they are depreciated over time as opposed to being expensed. In conclusion, direct costs are those that directly support the production of goods or the delivery of services, whereas indirect costs are routine operational costs that keep your organization afloat. Charges that are usually referred to as overhead expenses and general and administrative costs are examples of indirect costs. Since indirect costs do not significantly vary within specific production volumes or other activity indicators, they are regarded as fixed costs.

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What are the conditions that would support a strong matrix organization for project management? when is a dedicated team preferred?

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In strong matrix organizations, the project manager has authority and a full-time role. A full-time project management team will report to and control the budget. This structure has the characteristics of an intended organization.

A matrix organization is a combination of two or more different types of organizational structures, such as project management or functional management. Furthermore, the matrix structure includes both traditional management hierarchies, where employees are managed by a functional manager, as well as additional project managers who can manage employees, in different parts. These two or more management systems intersect on a grid or matrix.

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an employee that is having trouble paying his personal bills might exhibit the following fraud factor:

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An employee that is having trouble paying his personal bills might exhibit Pressure.

When you are under pressure, you are in a situation where something is at stake and the outcome is dependent on your performance. Moments of pressure transform into feelings of having to perform successfully, often with an accompanying sense of impending doom if you don't. When under pressure, your goal is to perform, to deliver the goods.

Pressure can be real or perceived, and it can be created by other people or entire groups. A parent can put pressure on their child to do well on a test, or thousands of sports fans can put pressure on an athlete to score the winning point. Some pressure and stress can actually be beneficial to performance; studies show that the right amount of stress can help you perform better. However, too much pressure and stress can impair performance and even cause freezing or choking. Pressure can be beneficial or detrimental to performance depending on one's level of confidence and proficiency.

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Marketers are particularly interested in targeting baby boomers because they typically possess which two things that marketing professionals seek?

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The correct option is (D) disposable income and free time

Marketers are particularly interested in targeting baby boomers because they typically possess two things marketing professionals seek disposable income and free time.

What does baby boomer slang mean?

The phrase "baby boomer," commonly abbreviated to "boomer," describes a person, mostly of American descent, who was born during the post-World War II birth boom that lasted from the 1940s through the early 1960s.

Optimism, teamwork, personal satisfaction, wellness and health, personal progress, youth, work, and involvement are among the basic values of Baby Boomers. Baby Boomers are more content with their jobs when their ideals are supported at work.

Why do marketers find baby boomers attractive?

They are more self-centered and active than their parents were when they were their age, and they are also healthier and more active. The baby boomer demographic is significant. Every marketer should be aware of efficient marketing methods for baby boomers because they make up one of the largest consumer segments.

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The complete question is:

“Marketers are particularly interested in targeting baby boomers because they typically possess two things that marketing professionals seek:

A. higher education levels and disposable income.

B. higher paying jobs and greater interest in leisure activities.

C. greater purchasing power and more consumer confidence.

D. disposable income and free time.

E. higher paying jobs and higher education levels.”

According to the text, online platform economies have resulted in which fundamental change for consumers?

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The economy of online platforms has fundamentally changed the consumer. The Internet has enabled new business models.

The platform economy is the economic and social benefits enabled by the platform. Such systems are typically online sales or generation frameworks. By the way, the most unusual type is the "transaction structure", also known as the "digital matchmaker". Examples of trading platforms are Amazon, Airbnb, Uber, and Baidu.

The platform economy is the trend in which commerce is gearing towards and supporting more commercial business models towards virtual platforms. A platform is an underlying computing structure that can host services that allow customers, entrepreneurs, businesses, and the majority to connect, distribute sources, or promote products.

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According to the electure, the interpersonal communication process is the process of ________ and ________ verbal and nonverbal messages between two or more people.

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According to the lecture, the interpersonal communication process is the process of sending and receiving verbal and nonverbal messages between two or more people.

Interpersonal communication, or face-to-face communication, is the process through which individuals exchange knowledge, sentiments, and meaning through verbal and nonverbal cues. Interpersonal communication includes non-verbal cues like tone of voice, facial expressions, gestures, and body language in addition to the words that are verbal, or the language that is employed. Communication occurs whenever two or more individuals are together and aware of one another's presence, regardless of how inadvertently or subtly it occurs. Without verbal, an observer may infer information about another's role, emotional state, personality, and/or goals from their posture, facial expressions, and clothing. Even when no communication is intended, people nonetheless pick up messages from such non-verbal behaviours.

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given a sales price of $100 per unit, variable costs of $60 per unit and $24,000 in fixed cost, calculate the operating profit if 650 units are sold. multiple choice question.

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The Operating profit if 650 units are sold is $2,000. We calculate that by finding out the Break Even Point first, and then finding out the units that are above the BEP multiplying that with contribution per unit.

Let's calculate Break Even Point (BEP) in units

BEP = Fixed Cost / Contribution

Contribution = Sale Price - Variable cost = 100 - 60 = 40 per unit

BEP = 24,000 / 40 = 600 units

We require 600 units to break even.

If sales are 50 units above break even, operating profit is calculated on 50 units(650-600)

Operating Profit = 50*40 = 2000.

In accounting, the breakeven point is calculated by dividing the fixed costs of production by the contribution per unit .

Contribution is Sales minus the variable costs of production.

The breakeven point is that the level of production at which the prices of production equal the revenues for a product.

In investing, the breakeven point is alleged to be achieved when the market value of an asset is that the same as its original cost.

So the Operating Profit is $2,000

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funds used to acquire physical resources eg lang buildings and equipment that are needed to provide patient services are known as long term investment securities

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True, funds used to acquire physical resources eg lang buildings and equipment that are needed to provide patient services are known as long term investment securities.

What is long term investments?

An account on the asset side of a company's balance sheet is designated as a long-term investment and it holds all of the company's holdings, including cash, stocks, bonds, real estate, and other investments. Assets that a business wants to hold for longer than a year are known as long-term investments.

The main difference between a long-term investment account and a short-term investment account is that although short-term investments will almost certainly be sold, long-term investments won't be for years, and in some situations, they might never be.

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the market value of the equity of nina, incorporated, is $582,000. the balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has ebit of $93,000 and a total of $137,000 in depreciation and amortization. what is the enterprise value-ebitda multiple for this company?

Answers

The enterprise value-ebitda multiple for this company is 3.27.

Following is the formula of the enterprise value-EBITDA multiple:

Enterprise value-EBITDA multiple =Enterprise valueEBITDA

Calculate the enterprise value:

Enterprise value = Market value of equity+Market value of debt - Cash

                                = $582,000 + $192,000 - $21,000

                                = $753,000

Calculate the EBITDA:

EBITDA=EBIT+Depreciation and amortization

                =$93,000+$137,000

                =$230,000

Calculate the enterprise value EBITDA multiple:

Enterprise value-EBITDA multiple=Enterprise valueEBITDA

                                                                         =$753,000$230,000

                                                                         =3.27

What Exactly Is Enterprise Multiple?

The enterprise multiple, also known as the EV multiple, is a ratio used to calculate a company's value. The enterprise multiple, calculated as enterprise value divided by earnings before interest, taxes, depreciation, and amortization (EBITDA), examines a company in the same way that a potential acquirer would, taking debt into account. What constitutes a "good" or "bad" enterprise multiple varies by industry.

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the head of the quality control department at a printing company would like to carry out an experiment to determine which of three different glues results in the greatest binding strength. although they are not of interest in the current study, other factors thought to affect binding strength are the number of pages in the book and whether the book is being bound as a paperback or a hardback.

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Binding strength is the response variable in this experiment.

The response variable is the outcome of an experiment in which the explanatory variable is changed. It is a variable whose variation is explained by the other variables. The response variable is also known as the Dependent Variable or Outcome Variable.The explanatory variable forecasts or describes the value of the dependent variable; in an experimental study, this is the outcome that is assessed after the explanatory variable is manipulated.A graph is the simplest way to illustrate the relationship between an explanatory variable and a response variable. The explanatory variable is often plotted on the x-axis, while the response variable is plotted on the y-axis. If you have quantitative variables, use a scatter plot graph or a line graph.

Thus this is the meaning of Response Variable.

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How does producer surplus change as the equilibrium price of a good rises or falls ?

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The producer surplus change as the equilibrium price of a good rises or falls, the producer surplus decreased.

What is equilibrium?

Equilibrium is the scientific word describing the harmony of force and action. The level of supply and demand must be equal in order for there to be an economic equilibrium. The cost remains steady. Three categories of equilibrium are frequently used: stable, unstable, and neutral.

The producer surplus change as the equilibrium price of a good rises or falls, means the goods prices are the rises, surplus of the producer increased, price was the decreased, the producer surplus decreased.

As a result, the producer surplus decreased, the price are the fall.

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What+is+the+expected+return+on+asset+a+if+it+has+a+beta+of+0.3,+the+expected+market+return+is+14%,+and+the+risk-free+rate+is+5%?

Answers

The expected return on the asset would be 7.7%

Calculation of Expected Return

Expected Return = [Rf+ Beta*(Rm-Rf)]

Expected Return = [5% +0.3*(14% -5%)]

Expected Return = 7.7%

An asset is any useful resource owned or managed by way of a commercial enterprise or an monetary entity. it is something that may be used to produce tremendous economic cost. assets represent price of possession that can be converted into coins.

An asset is a aid with economic value that an man or woman, organisation, or country owns or controls with the expectancy that it'll provide a future benefit. belongings are pronounced on a employer's stability sheet. they're categorised as cutting-edge, constant, economic, and intangible.

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What is the ratio of days of transactions between 250,000 and 299,999 conducted in may 2017 as compared to april 2017?

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Firstly, we need to find the frequency of the number of days occurring in april 2017 and then frequency of days occurring in may 2017.

The ratio of days of transactions between 250,000 and 249,999 in may 2017 as compared to april 2017 is 1:8

In May 2017, one day had a transaction between 200,000 and 249,999. In April 2017, eight days had transactions between 200,000 and 249,999.

The frequency of an occurrence or a value is the number of times it happens. A frequency table is a list of objects with the frequency of each item shown in the table. The letter "f" of the English alphabet is used to denote frequency.

Putting Together a Frequency Table

Step 1: First, create three columns. The data values are shown in the first column in descending order (from lesser to large values).

Step 2: Using tally marks, the second column displays the frequency of each data value. For each row in the table, count. To count, use tally marks.

Step 3: Count the tally marks associated with each data value and enter that number in the third column.

Tally markings are useful for keeping track of how frequently something occurs. It is employed for keeping records.

Your question is incomplete. Find the missing content below:

What is the ratio of days of transactions between 250,000 and 249,999 conducted in may 2017 as compared to april 2017?

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. [costs or expenses] phil young, founder of pedal pushers, expects to spend the next one-half year developing and testing prototypes for a pedal replacement for children’s bicycles. (see part a of problem 1 for a description of the proposed product.) phil anticipates paying monthly rent of $700 for space in a local warehouse where the pedal pusher product will be designed, developed, and tested. utility expenses for power and heat are estimated at $150 per month. phil plans to "draw down" a salary of $1,000 per month. materials needed to build and test an initial prototype product are expected to cost $9,500. in addition, each redesign and new prototype will require an additional $4,500 investment. phil anticipates that before the final pedal pusher is ready for market at the end of six months, the initial plus two more prototypes will need to be built and tested. costs associated with test marketing the pedal pusher are estimated at $7,000.

Answers

A development stage type of financial capital is needed. seed financing is the likely source of that capital for Phill young.

What is seed financing?

Seed finance, also known as seed capital, seed money, or seed investment, is the first stage of a startup's capital-raising process. Seed funding is an illustration of equity-based financing. In other words, investors invest money in exchange for an equity stake in a business. This is often carried out in a less formal manner when compared to other equity-based financing methods like venture capital. Seed money primarily supports the company's first operations. For instance, the funds from seed capital may be applied to market analysis, the initial phases of product development (such as creating a prototype), or significant ongoing expenses like legal bills. Family, friends, and angel investors are frequently used as financial sources.

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The complete question is: . [costs or expenses] phil young, founder of pedal pushers, expects to spend the next one-half year developing and testing prototypes for a pedal replacement for children’s bicycles. (see part a of problem 1 for a description of the proposed product.) phil anticipates paying monthly rent of $700 for space in a local warehouse where the pedal pusher product will be designed, developed, and tested. utility expenses for power and heat are estimated at $150 per month. phil plans to "draw down" a salary of $1,000 per month. materials needed to build and test an initial prototype product are expected to cost $9,500. in addition, each redesign and new prototype will require an additional $4,500 investment. phil anticipates that before the final pedal pusher is ready for market at the end of six months, the initial plus two more prototypes will need to be built and tested. costs associated with test marketing the pedal pusher are estimated at $7,000. What type of financial capital is needed? What are the likely sources of that capital for Phill young?

as an arizona salesperson, you know that all compensation must pass through your broker. when you work with an out-of-state licensee, there must be a written cooperation agreement in place. this agreement is between which two parties?

Answers

Person's broker and the other licensee's broker is the agreement is between which two parties.

What is meant by broker?

Any entity that stands between a potential investor and a securities exchange is known as a broker. Brokers are businesses that act as customers' agents and get payment from customers in the form of commissions.

A broker acts as a middleman between the buyer and the seller and is paid a commission for their services. A broker's main responsibility is to resolve a client's problem for a fee.

Thus, Person's broker and the other licensee's broker.

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all of the licensees at stone realty are attending an off site conference for the afternoon. the broker’s unlicensed assistant remained at the office to answer the telephone. during this time, helen barnes from tri-state realty called for information about a stone listing. what should the assistant do?

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All of the licenses at stone realty are attending an off site conference for the afternoon. the broker’s unlicensed assistant remained at the office to answer the telephone.

During this time, Helen Barnes from tri-state realty called for information about a stone listing. The assistant should give Helen the information she is asking for.

Who is an unlicensed assistant broker?

An unlicensed assistant broker does a number of responsibilities. Nonetheless, it is germane that every broker understands what an unlicensed broker is legally allowed to do compared to a licensed assistant, in order to avoid getting into trouble.

Therefore, the assistant should give Helen the information she is asking for.

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Discuss how a hypothesis can become a theory. can a theory become a law. explain

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Often, the new scientist will reproduce the original experiment or add their own data to support or refute the idea. If the original hypothesis is overwhelmingly endorsed by the larger scientific community and no experiments have shown it incorrect, it becomes a theory over time.

Often, the new scientist will reproduce the original experiment or add their own data to support or refute the idea. If the original hypothesis is overwhelmingly endorsed by the larger scientific community and no experiments have shown it incorrect, it becomes a theory over time. A causal hypothesis is not the same as a law, and a causal hypothesis cannot become a law.

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Before conducting a research project, it is important for the researcher to have ___________

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Before conducting a research project, it is important for the researcher to have a Hypothesis.

A Hypothesis is an educated guess that can be examined with observations and falsified if it without a doubt is fake. The researcher can't prove conclusively that most hypotheses are genuine because it's commonly not possible to have a look at all feasible instances for exceptions that might disprove them.

A Hypothesis is an assumption made earlier than any research has been carried out. it's far fashioned so that it can be tested to peer if it might be genuine. A concept is a precept shaped to provide an explanation for the things already shown in information.

Hypothesis calls for extra work through the Hypothesis so one can both affirm or disprove it. In due route, a showed hypothesis may end up a part of a concept or now and again may additionally develop to grow to be a principle itself. usually, medical hypotheses have the shape of a mathematical version.

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Consumers buying products online have dramatically affected the ____ variable of the marketing mix.

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Consumers buying products online have dramatically affected the promotion variable of the marketing mix.

Advertising and marketing selection variables correspond to the important advertising functions that have an impact on sales and income. they are summarized inside the four P's product, charge, merchandising, and place distribution. different marketing selection variables may additionally include provider guidelines, credit score, and so on, and variable advertising of the most important for the customer.

Variable advertising and marketing prices are constant expenses that vary with the range of people who view your advertising and marketing. a fee is one of the most important variables for the customer when deciding on one item over another. at the cease of the Forties, advertising expert Jerome McCarthy added the four cornerstones of the advertising and marketing blend Price, Product, place, and promotion.

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Your firm expects to receive a nominal cash flow of $10,000 in two years (at time t=2). if the real rate of interest is 3 percent and inflation is 5 percent, what is the real value of this cash flow?

Answers

Real cash flow = 10,816/(1.04^2) = 10,000.

A percent is a ratio whose second term is 100. Percent means parts per hundred. The word comes from the Latin phrase per centum, which means per hundred. In mathematics, we use the symbol % for percent.

Interest is defined as the amount of money paid for the use of someone else's money. An example of interest is the $20 that was earned this year on your savings account. An example of interest is the $2000 you paid in interest this year on your home loan.

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When there is a perceived need for change, charismatic leaders are often successful by?

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Charismatic leadership is defined by a leader who uses his or her communication skills, persuasiveness, and charm to influence others.

What is communication?

The word "communication" is derived from the Latin verb communicare, which meaning "to share" or "to be in relationship with." There appears to be an apparent resolution to the uncomfortable boundaries between oneself and others, the public and private worlds, and one's inner thoughts and the outside world.

In general usage, the term "communication" refers to a wide broad variety of distinct behaviors involved in the dissemination of information, which illustrates how challenging it is to define communication consistently. According to John Peters, the challenge in defining communication stems from the fact that it is both a universal phenomena (because everyone communicates) and a particular field of institutional academic inquiry.

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what are the general responsibilities of the sharecropper, based on this contract? what are the responsibilities of the landlord?

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Plantations were divided into 20- to 50-acre sections suited for farming by a single family. Sharecroppers agreed to raise a cash crop and deliver a piece of the crop to their landlord in exchange for the use of land, a cabin, and supplies.

Sharecropping is a legal arrangement for agricultural land in which a landowner permits a tenant to utilize the land in exchange for a share of the crops grown on the land.Sharecropping is a type of tenant farming in which the landowner provides all of the capital and most of the other inputs while the tenants supply their labor. Depending on the contract, the landowner may have provided the tenants with food, clothing, and medical care, as well as supervise the labor.

Thus, these were the responsibilities of the sharecropper and the landlords.

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According to the bcg matrix, products that are typically new to the market and require significant marketing investment in promotion, product management, and distribution are classified as?

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According to BCG Matrix, star products are typically new to the market and require significant marketing investment in promotion, product management, and distribution.

A BCG matrix is a model that is used to analyze a company's products in order to aid in long-term strategic planning. The matrix assists businesses in identifying new growth opportunities and determining how to invest for the future.

Most businesses provide a wide range of products, but some provide better returns than others. The BCG matrix provides a framework for evaluating the success of each product, assisting the company in determining which ones to invest more money in and which to eliminate entirely. It can also assist businesses in identifying a new product to introduce to the market.

Four products of BCG Matrix are-

Stars: Products in high-growth markets that account for a sizable portion of that market are considered "stars" and should be invested in more heavily.Question Marks: Questionable opportunities are those in high-growth markets where the company does not have a significant market share.Cash Cows: Products in low-growth areas with a relatively large market share are considered "cash cows," and the company should milk the cash cow for as long as possible.Dog: A company's product is considered a "dog" if it has a low market share and a low rate of growth and should be sold, liquidated, or repositioned.

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If the most someone is willing to pay for ticket to see their favorite team is $100 and the market price of the ticket is $35, then this buyer will get consumer surplus of?

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If the most someone is willing to pay for ticket to see their favorite team is $100 and the market price of the ticket is $35, then this buyer will get consumer surplus of $65.

Consumer Surplus = Maximum Price Willing - Actual Price

Methods for Determining Consumer Surplus

Consumer surplus is a term used in economics to describe the difference between what consumers are willing to pay for a commodity or service and its market price, or the benefit (or surplus). The marginal utility theory of economics serves as the foundation for the consumer surplus formula. According to the hypothesis, spending patterns vary depending on an individual's preferences. A surplus is produced when people's willingness to pay for a particular commodity or service varies. Several different corporate finance occupations use this metric.

The equilibrium price is the point at which supply and demand coincide. Product surplus (PS) is the region above the supply level and below the equilibrium price, and consumer surplus is the region below the demand level and above the equilibrium price (CS).

Complete revenues minus total costs equals profit. In contrast, producer surplus is the difference between the proceeds from the sale of one good and its marginal, direct cost of production.

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What will be the immediate effect if the government sets the price for potatoes at Point B?

O There will be a shortage of potatoes.
O There will be a surplus of potatoes.
O The price of potatoes will rise to meet equilibrium.
O The price of potatoes will fall to meet equilibrium.

Answers

If the government sets the price for potatoes at point B, then there will be shortage of potatoes. The correct answer is option A.

In 2022, the price range for US potatoes is estimated to be between US$ 1.05 and US$ 1.07 per kilogram, or between US$ 0.48 and US$ 0.49 per pound (lb). EUR 1.05 per kg is the price in Euros. In New York and Washington, the average price for a ton is US$ 1053.83. In 2019, the US import price for potatoes was $1.01 per kilo. The tasting Table compared data from the US Bureau of Labor Statistics on potato prices from February 2019 to June 2022. (BLS). In June, the average price of white potatoes had risen to $0.89 per pound. This represents a 15.86% increase over last June and a 19.9% increase over June 2020.

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Answer:

A

Explanation:

Good luck :D

the implied enterprise value of snap inc., calculated using the assumptions and acquisition premium provided, is:

Answers

We learn through information that the share price p to the share price p will equal 44.29, and then we obtain the acquisition price.

So tiny p's acquisition cost will be equivalent to 20 percent, and the effective share price for the purchase of p Star will be equal to p p times, capital p times 1 plus p, or 4429 times 1 plus 20 percent, times 1.1.2, which will equal 53 dollars and 15 cents. The number of shares that are outstanding as of this writing is 1041 times m m.

The equity value will then be 53.15 times that.The new debt, which is going to be 1734, will be 9205963. The inferred enterprise value is equal to the equity value plus the net debt, which is equal to e plus d, as d will then be minus 496 points. As a result, we will have 18415863 and a plus while a negative 496, which means that the closest choice is going to be 91075. The third option listed below, 91075, will thus be the closest choice.

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​ focus on​ day-to-day operations of a business including managing​ sales, payroll, and receipts.

Answers

Transaction processing systems focus on the day-to-day operations of a business including managing sales, payroll, and receipts.

Transaction processing is a manner of computing that divides work into man or woman, indivisible operations, and transactions. A transaction processing gadget is a software machine, or software program/hardware combination, that supports transaction processing.

A transaction system system is a facts processing device for business transactions related to the collection, change, and retrieval of all transaction facts. traits of a TPS consist of overall performance, reliability, and consistency. TPS is likewise known as everyday transaction processing or actual-time processing.

A transaction processing system is an automatic system that plays and data each day recurring transactions necessary everyday conduct business.

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To pay for a home improvement project that totals $9,000, genesis is choosing between taking out a simple interest bank loan at 9% for 3 years or paying with a credit card that compounds monthly at an annual rate of 18% for 7 years. which plan would give genesis the lowest monthly payment? the monthly credit card payment would be $295, which is lower than the monthly payment on the bank loan. the monthly payment on a bank loan would be $272.50, which is lower than the monthly credit card payment. the monthly payment on a bank loan would be $317.50, which is lower than the monthly credit card payment. the monthly credit card payment would be $374.21, which is lower than the monthly payment on the bank loan.

Answers

The plan that would give Genesis the lowest monthly payment: The monthly payment on a bank loan would be $272.50, which is lower than the monthly credit card payment. Thus, option B is the correct option.

Genesis would find the most economical option in the bank loan plan, featuring a monthly payment of $272.50. This amount contrasts favorably with the higher monthly credit card payment of $295.

By opting for the bank loan with a lower monthly commitment, Genesis can efficiently manage the costs of the $9,000 home improvement project while ensuring a more affordable repayment plan in the long run.

Thus, option B is the correct option.

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If the elasticity of demand for cigarettes is 0.75 and the elasticity of supply for cigarettes is 1.25, then a 5 ecrease in the demand for cigarettes would cause the price of cigarettes to?

Answers

If the elasticity of demand for cigarettes is 0.75 and the elasticity of supply for cigarettes is 1.25, then a 5 increase in the demand for cigarettes would cause the price of cigarettes to decrease by 2.5 percent. Option C

This is further explained below.

What is the elasticity of demand?

Generally, The elasticity of demand, also known as demand elasticity, is a metric that assesses how demand reacts to changes in either income or price.

Because the price of a product or service is the most frequent economic element used to quantify it, it is usually referred to as "price elasticity of demand."

In conclusion, If the elasticity of demand for cigarettes is 0.75 and the elasticity of supply for cigarettes is 1.25, then a 5 percent rise in the demand for cigarettes would result in a 2.5 percent drop in the price of cigarettes. This is assuming that the elasticity of supply for cigarettes is 1.25. Alternative C

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complete question

If the elasticity of demand for cigarettes is 0.75 and the elasticity of supply for cigarettes is 1.25, then a 5% decrease in the demand for cigarettes would cause the price of cigarettes to:

increase by 2.5%

increase by 5%.

decrease by 2.5%

decrease by 5%

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