The workplace has been on track towards digital transformation for years , but the covid-19 pandemic pushed companies to move to online communications. do you think companies will go back to traditional ways of communicating as global covid-19 cases keep dropping or will digital communication be maintained? support your answer with relevant evidence from research and examples.

Answers

Answer 1

No, The companies will not go back to traditional ways of communicating even though global covid-19 cases keep dropping. Yes, digital communication will be maintained.

Data communication, often known as digital communications, is the transfer and reception of data across a point-to-point or point-to-multipoint communication channel in the form of a digital bitstream or a digitized analog signal.

The messages produced by the source—which are typically in analog form—are transformed into digital format in a digital communication system before being transferred. The received digital data is transformed back to analog form at the receiving end, roughly reproducing the original message. Communication is more crucial than ever in today's digital environment. Digital communication has several advantages, including the capacity to interact with individuals from all over the world and the capacity to communicate more effectively and efficiently.

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Related Questions

Bets that are mispriced across two or more securities with extraneous sources of risk are called ____________

Answers

Bets that are mispriced across two or more assets with additional sources of risk are referred to as pure plays.

What exactly Is a pure play?

Perhaps you're seeking for companies that will provide you a consistent stream of dividends, or you want to invest in companies that can resist economic challenges. Along with these considerations, you may wish to look at different sorts of stocks, such as those issued by corporations with diverse enterprises and those issued by organisations with a single product line or business. The latter are known as pure plays.

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Last summer, the price of gasoline increased by 20 percent and the quantity demanded of gasoline decreased by 5 percent. this indicates that the demand gasoline is?

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Last summer, the price of gasoline increased by 20 percent and the quantity demanded of gasoline decreased by 5 percent. this indicates that the demand gasoline is inelastic demand.

What is Inelastic demand?

Economists refer to this condition as "inelastic demand," when demand for a good or service remains constant regardless of how much its price increases or decreases. When the quantity desired significantly changes in response to a price adjustment, a good or service is said to have elastic demand. When the amount desired changes little when the price changes, a good or service has inelastic demand. This is often referred to as "amount inelastic demand."

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katherine brewer is the owner and operator of go-for-it llc, a motivational consulting business. at the end of its accounting period, december 31, 20y8, go-for-it has assets of $829,000 and liabilities of $199,000. using the accounting equation, determine the following amounts

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Owner's equity is calculated by subtracting Liabilities from Assets. This is the accounting equation, Equity = Assets-Liabilities. Using this Equity in 2018 is 630,00 and equity for 2019 is 740,000

Owners Equity = Assets - Liabilities

Assets = 829,000

Liabilities = 199,000

a. Owner's equity = 829,000- 199,000 = 630,000

b. Owner's equity = 829,000 + 158,000 -(199,000 + 48,000) = 740,000

Owner's equity is the fraction of a company's assets that can be claimed by its shareholders and owners (if it is a corporation). Equity is computed as the total value of an asset less all obligations

(Equity = Assets - Liabilities).

The value that would be restored to a company's shareholders if all of its assets were sold and all of its obligations were settled is known as equity.

Equity can also be thought of as the amount of ownership that remains in a company or asset after all debts related to that asset have been paid off.

On a company's balance sheet, equity is the ownership interest of the shareholders.

When calculating numerous important financial ratios, including ROE, equity is calculated as total assets minus total liabilities for a corporation.

Another meaning of the word equity is "the worth of a homeowner's property (net of debt)".

Your question is incomplete. Kindly find the missing content below:

a. Owner's equity as of December 31, 20Y8.

b. Owner's equity as of December 31, 20Y9, assuming that assets increased by $158,000 and liabilities increased by $48,000 during 20Y9.

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for each of the following situations involving marginal cost (mc) and marginal benefit (mb), indicate whether it would be best to produce more, fewer, or the current number of units. a. 3,000 units at which mc

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For the marginal cost of $10 and the marginal benefit of $13, it would be better to produce more number of units.

What is marginal cost?

The marginal cost in economics is the difference in total production costs brought on by developing or producing an additional unit. To calculate marginal cost, divide the variance in production costs by the variation in quantity. Finding the point at which an organization can realize economies of scale to improve production and overall operations is the goal of marginal cost analysis. The producer may make money if the marginal cost of producing one extra unit is less than the price per unit.

When the marginal benefit is greater than the marginal cost, the opportunity cost of producing more goods by using scarce resources is less than the benefit. Hence, it would be better to produce more goods in this situation.

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In order to focus a marketing mix, marketing managers might describe the firm's target market, product offerings, and differentiation strategy in a ______ statement.

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In order to focus a marketing mix, marketing managers might describe the firm's target market, product offerings, and differentiation strategy in a positioning statement.

As part of a comprehensive marketing plan, a marketing mix includes multiple areas of focus. The term is frequently used to refer to a popular classification that began with the four Ps: product, price, placement, and promotion.

Instead of focusing on a single message, effective marketing covers a wide range of topics. This allows you to reach a larger audience and keeping the 4P's in mind allows marketing professionals to stay focused on what really matters. When launching new products or revising existing ones, organizations can make more strategic decisions by focusing on the marketing mix.

4P's are-

Product: This represents a product or service that is intended to meet the needs and desires of the customer.

Price: The product's sale price reflects what customers are willing to pay for it.

Placement: When determining distribution areas, it is critical to consider the type of product sold.

Promotion: A promotional mix is another term for joint marketing campaigns. Advertising, sales promotion, personal selling, and public relations are examples of activities.

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Investment goods, as defined by economists, include? textbooks. unemployment benefits. factories. leather jackets.

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The investment goods as defined by economists include option (c) factories.

Investment goods or Capital goods are physical assets that a company uses in the manufacturing process to create products and services that consumers will use in the future. Buildings, machinery, equipment, vehicles, and tools are examples of capital goods. Investment goods are not finished goods; rather, they are used in the production of finished goods.

Investment goods, such as machinery and manufacturing equipment, are not always fixed assets. The industrial electronics industry manufactures a wide range of capital goods. Small wire harness assemblies to air-purifying respirators and high-resolution digital imaging systems are examples. Investment goods are also manufactured for service industries. Among the many types of capital goods purchased by service providers are hair clippers used by hairstylists, paint brushes used by painters, and musical instruments used by musicians.

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national shops, inc., reported the following amounts on its balance sheet on december 31, 2020: inventory $ 325,000 notes payable 100,000 cash 150,000 common stock 750,000 net property, plant, and equipment 600,000 accounts receivable 30,000 accounts payable 45,000 retained earnings ? compute national's total assets as of dec. 31st.

Answers

The National's total assets as of Dec. 31st are worth $1,105,000

What are assets of the National shops, Inc.?

The assets of National shops, Inc. refer to its resources whose controlled was acquired as a result of past transactions and their benefits are expected to follow to the company over, as a result, its total assets include inventory, cash, net property, plant, and equipment and accounts receivable.

total assets= inventory+ cash+ net property, plant, and equipment+ accounts receivable

inventory=$ 325,000

cash=$150,000

net property, plant, and equipment=$600,000

accounts receivable=$30,000

national's total assets as of Dec. 31st=$325,000+$150,000+$600,000+$30,000

national's total assets as of Dec. 31st=$1,105,000

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Raymond co. has $1.1 million of debt, $1.5 million of preferred stock, and $2.1 million of common equity. what would be its weight on debt?
a) 0.23
b) 0.32
c) 0.29
d) 0.35

Answers

In addition to $2.1 million in common equity, Raymond Company owns $1.1 million in debt and $1.5 million in preferred stock. It will have a 0.32 weight on the debt.

Given data:

Amount of debt = $1.1 million

Amount of preferred stock = $1.5 million

Amount of common equity = $2.1 million

A sort of investment known as a financial fund gathers money from numerous investors. The funds are then invested in a range of stock and bonds by fund managers. A percentage of the holdings in the fund are divided among each investor in the form of units.

The total value of the company's finance funds :

(Amount of debt + Amount of Preferred stock + Amount of common equity)

(1.1 million + 1.5 million + 2.1 million)

= $4.7 million

Hence, weight on preferred stock:

Amount of preferred stock / total value of company's finance

$1.5 million / $4.7 million

= 0.319

Hence, the weight of Preferred stock = 0.32

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The detailed set of plans that will be used as a guide to construct the building are?

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The detailed set of plans that will be used as a guide to construct the building are the blueprints. A blueprint is a contact print reproduction of a technical drawing or engineering drawing on light-sensitive sheets. Sir John Herschel invented the procedure in 1842, which allowed for the quick.

Accurate manufacture of an infinite number of guide duplicates. For nearly a century, it was commonly employed for the reproduction of specification drawings needed in building and manufacturing. The blueprint technique was distinguished by white lines on a blue background, which served as a negative of the original. The method is now obsolete.

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Beverage enthusiasts might purchase a wine club membership, buy an espresso machine, or book a trip to japan to tour green tea plantations. this is an example of a(n) ______ market.

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Beverage enthusiasts might purchase a wine club membership, buy an espresso machine, or book a trip to Japan to tour green tea plantations. this is an example of a(n) generic market.

This is further explained below.

What are Beverage enthusiasts?

Generally, People who are enthusiastic about beverages could join a wine club, invest in an espresso machine, or plan a vacation to Japan to see the green tea farms there.

One may see this as an illustration of a generic market.

In conclusion, Someone who enjoys drinking and encourages others to do so with them because of their infectious enthusiasm.

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You want to buy a house and will need to borrow $280,000. the interest rate on your loan is 6.19 percent compounded monthly and the loan is for 20 years. what are your monthly mortgage payments?

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Monthly mortgage payments is $2,036.82

EMI = [P × I ×[tex](1+I)^N[/tex]] / [[tex](1+I)^N[/tex]-1]

P =loan amount or Principal = 280,000

I = Interest rate per month = 6.19/12 %

[To calculate rate per month: if the interest rate per annum is 14%, the per month rate would be 14/(12 x 100)]

N = the number of installments = 20×12 = 240

EMI = [280000 × (.0619/12) × (1+[tex](.0619/12))^2^4^0[/tex]] / [(1+[tex](.0619/12))^2^4^0[/tex] -1]

      = (1444.33333333 × 3.4377525513) / (3.4377525513-1)

      = 4965.26060158/2.4377525513

      = 2036.82

In order to pay back your loan, you must make a monthly payment to the lender. The conditions of your home loan determine how much you pay each month. Both the principle, or the actual amount owed on the loan, and the interest are included in this.

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If Amazon’s CEO Jeff Bezos put you in charge of human resources, what would you do?

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Answer: first i would destroy the human race. aliens are the good people. i would fly to saturn and open up a amazon store and sell wet wipes

Explanation:

out of 218 million persons aged 16 and older, 138 million had paying jobs, 9 million did not jobs but were actively seeking employment, and 3 million wanted to work but had given up looking for employment. the unemployment rate is:

Answers

Out of 218 million persons aged 16 and older, 138 million had paying jobs, 9 million did not jobs but were actively seeking employment, and 3 million wanted to work but had given up looking for employment.

The unemployment rate is 6.1%.

What is meant by the term Unemployment rate?

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed.

Basically, unemployment rate is divided into various types and these include; cyclical unemployment rate (CU), frictional unemployment rate (FU), structural unemployment rate (SU), Actual unemployment rate (AU) and Natural Rate of Unemployment (NU).

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What do economists mean when they say ""price floors and ceilings stifle the rationing function of prices and distort resource allocation""?.

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What economists mean when they say "lowest and highest prices hinder the function of price rationing and distort resource allocation" is when out of control, prices rise and fall to correct the imbalance between quantity supplied and quantity demanded in the market. If sellers find themselves at a certain price with more output than consumers are willing to buy, they will lower prices. Likewise, if the market does not supply enough of a good to meet consumer demand, prices will rise.

Economics can be defined as the study of how individuals, businesses and governments make choices in allocating resources to meet their needs. These groups determine how resources are and how they are organized and coordinated to achieve maximum results. They are mostly concerned with the production, distribution and consumption of goods and services.

The economy is divided into two important parts, namely: Macroeconomics & Microeconomics

Microeconomics can be defined as the study of decisions made by people and businesses regarding the allocation of resources and the prices of goods and services.Macroeconomics can be defined as a branch of economics that describes a substantial picture.

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in crafting a strategic management plan, leaders must first determine the company's long-term objective. this means leaders must first define the organization's .

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In crafting a strategic management plan, leaders must first determine the company's long-term objective. This means leaders must first define the organization's vision.

What do you mean by strategic management?

Strategic management is the process of setting up the goals, procedures, and objectives of the company in order to make a company or organization more competitive. Generally, strategic management looks at effectively managing the staff and the resources to achieve the set goals. Often, strategic management includes strategy evaluation, internal organization analysis, and strategy execution within the company and the organization.

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sarah has a limited weekly income of $50, and she spends it all on snacks and movies. assume the price of snacks is $5 per unit, the price of a movie ticket is $10, and sarah is a utility-maximizing consumer. (a) would sarah be able to consume 3 snacks and 5 movies? explain using numbers. (b) how many snacks and movies will sarah consume to maximize her utility? explain using marginal analysis. (c) calculate the total utility sarah will receive from consuming the utility-maximizing combination of snacks and movies indicated in your answer in part (a). show your work. (d) suppose sarah’s income increases to $60. (i) what will happen to the marginal utility per dollar spent on movies? (ii) will sarah be better off buying two more snacks or one more movie ticket? explain using numbers.

Answers

(A) Sarah couldn't watch five movies and three snacks at once.

(b) Sarah will make the most of her abilities.

(c) Sarah will be compensated with 174 utils in total.

(d(i)) The marginal utility for every dollar spent on movies will decrease from 1.50 utils to 1.00 utils.

(e) Sarah will not benefit from purchasing one additional movie ticket or two additional snacks.

What is marginal utility?

Utility is the term used in economics to describe the benefit or enjoyment derived from using a good. The MU of a good or service measures how satisfied or how much more they enjoy using it after using it more or less by one unit. There are three types of marginal utility. They either have a positive, negative, or zero marginal utility. Economics postulates a law of diminishing marginal utility in the context of cardinal utility, which explains how the first unit of consumption of a specific commodity or service gives more utility than the second and following units, with a continual drop for increasing amounts. Decreasing marginal utility is the term used to describe the decrease in marginal utility as consumption rises. This idea is used by economists to calculate the quantity of a commodity or service that a consumer is willing to pay for.

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Initial approval of options accounts is performed by the? i branch office manager ii general principal iii registered options principal iv financial and operations principal

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Initial approval of options accounts is performed by the Branch Office Manager or Registered Options Principal.

Initial approval of every options account is either performed by the Branch Office Manager (Series 9/10 license - the Series 9 covers options rules) or the Series 4 Registered Options Principal. The final Principal (Series 24 license) cannot approve options accounts - there's no options content on it exam.

So as to be approved for options trading, you'll have to fill out your broker's options agreement. Prior to opening an options account, the new account form Initial approval must be completed (There is not any requirement for a customer signature) and therefore the customer must be sent the newest Options Disclosure Document (ODD).

This can be a pamphlet entitled "Characteristics and Risks of Standardized Options" and is essentially an options primer. The options new account form, required for options trading, is signed by the businessperson, who is attesting to the actual fact that the knowledge on the shape is true.

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what is the fair equity value per share for anheuser-busch as a stand-alone firm? is anheuser-busch undervalued, overvalued, or fairly valued? calculate the fair price per share by performing a discounted cash flow (dcf) valuation

Answers

Anheuser-Busch InBev shows a prevailing Real Value of $59.49 per share. The current price of the firm is $49.24.

Morningstar ranked the 10 most undervalued stocks on its Best Companies to Own list.

To get the fair value per share, divide that result by the number of total shares outstanding.

The proportional stake in all the assets of the Service Company less all of its liabilities on the day fair value is to be calculated, as shown by the ratio of the number of Shares owned by a Fund to the number of Shares issued and outstanding, is the definition of fair value of Shares.

Fair market value must be used to value assets. If there is any disagreement regarding the proportional interest of any Fund or the fair market value of the Shares, the matter will be decided by the affirmative vote of the holders of a majority of the Shares, and that decision will be binding on the Fund.

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Bargaining power of customers is likely to be the highest for markets involving ________. group of answer choices

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The bargaining power of customers is likely to be the highest for markets involving industrial products.

The client is charged touchy and nicely-knowledgeable about the product, then purchaser electricity is high. Then if the consumer purchases large volumes of standardized merchandise from the vendor, consumer bargaining power is excessive. If replacement merchandise is to be had in the marketplace, consumer energy is high. As a patron, you are sure to pick out the provider that gets you an inexpensive price, better first-rate, and more facilities.

The bargaining electricity of providers is high if the customer no longer represents a massive portion of the provider's income. If substitute merchandise is unavailable within the market, then provider strength is excessive.  the pressure that clients and customers can put on organizations to get them to offer better fine merchandise higher customer support, and/or decreased fees. consumers are high in numbers which means there's an excessive call for products and services

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Secure financial advisors (sfa) was a firm that bought and sold securities on behalf of their clients. sfa is known as a/an:________
a. investor.
b. issuer.
c. adviser.
d. intermediary.

Answers

On behalf of its clients, Secure Financial Advisors (SFA) was a company that purchased and sold securities. SFA is seen as an intermediary.

What Do Financial Advisors Do?

A financial advisor's duties frequently extend beyond simply placing trades for their clients in the market.Advisors provide individualised financial plans that are designed to help clients reach their financial objectives using their knowledge and experience.These programmes cover tax, budget, insurance, and savings methods in addition to investments.Additionally, advisors regularly check in with their customers to reassess their present circumstances and future aspirations and make the necessary plans.Your partner in financial planning should be a financial advisor. If you decide to retire in 20 years or enrol your child in a private university in 10 years, for example.

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What's going on with big al? what does big al need to do in order to compete successfully for the business?

Answers

Big Al is the highest performing supplier for every category except for pick up time. If they are able to lower their pick up time to meet the order​ qualifier, they will likely win the business.

What does supplier mean?

A supplier is a person, employer, or business that sells or supplies something, including goods or equipment, to a customer.

What's the picture of the supplier?

In the world of business, a supplier is a person or entity that supplies premium products and merchandise from manufacturers to shops or dealers for sale at affordable prices. They provide their services in the form of raw materials that manufacturers later process into marketable end products.

Who is the supplier of the product?

A supplier is a person or trading company that supplies services or products to another entity. The role of a supplier in a trading company is to offer the manufacturer's products at superior prices to distributors and retailers for resale.

How important are your suppliers?

Suppliers will arrange transportation of these substances. Suppliers provide businesses with services they consume in providing items and vendors to their customers. Without stable courtship with suppliers, a company cannot consistently provide satisfactory services and products to its customers.

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What amount should k co. recognize as gain on redemption of bonds before income taxes?

Answers

The amount which K Co. should recognize as gain on redemption of bonds before income taxes is book value of bonds (face value + premium) - redemption price ( X% x face value ) = gain

More about book value of bonds:

The carrying value of bonds payable is another name for the book value of the bonds. The net amount or combination of the following sums, which are all bond-related liability accounts, represents the book value of bonds payable.

The discount, premium, redemption price and issue expenses must have been correctly amortised up until the point when the book value of the bonds is required.

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Newlyweds in the united states buy more in the first six months than an established household does in five years. newlyweds are an example of a(n) ________ segment.

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Newlyweds in the united states buy more in the first six months than an established household does in five years. newlyweds are an example of a(n) life stage segment.

In most cases, when we talk about household income, we're talking about the total gross income of all the household members who are over a certain age. All family members who share a home, including spouses and their dependents, are considered part of the household. Even if not all of a household's revenue goes toward supporting the family, it still counts. Any resident of that house, regardless of relationship, is included in the household income. A good economic indicator of a region's level of living is household income, which lenders assess as a key risk factor when evaluating loan applications. In addition to family income and per capita income, there are three different ways to quantify wealth.

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Aneeka+owns+40+shares+of+stock+in+company+a+that+are+valued+at+$15/share.+after+company+a+repurchases+5%+of+its+outstanding+shares+on+the+open+market,+what+does+aneeka+own?

Answers

Aneeka owns 40 shares valued at a higher price/share.

There are fewer shareholders due to the buyback of shares, which increases the company's net worth.

So, the share price will increase.

Initially, a company's initial public offering (IPO), in which the price of one share is set in accordance with the perceived supply of and demand for its shares, is how share prices are established. The lead manager known as a bookrunner, who is employed particularly to assist the firm in determining the right price for its IPO, normally sets the pricing.

A number of variables can have an effect on a company's share price after the IPO. For instance, on the assumption that demand stays constant, any increase in the number of shares available would result in a decrease in price. As long as supply remained constant, any decrease in demand—perhaps as a result of changes in a company's senior leadership—would also result in a decrease in the share price.

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Avertising a product at a certain price, making it deliberately unavailable and then offering the customer a higher priced product instead is called

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Advertising a product at a certain price, making it deliberately unavailable and then offering the customer a higher priced product is called bait-and-switch.

What is bait-and-switch?

It corresponds to a fraudulent strategy used by some companies that sell consumer goods to attract consumers through misleading advertisements in media channels. Retailers convey advertising advertising with low prices sold to attract customers, in this case the bait, and then make these products unavailable, unconsciously forcing consumers to buy similar products at higher prices.

In the United States this is a form of deceptive advertising that is subject to facing legal measures such as lawsuits.

Therefore, it is essential that every company develops marketing strategies that are based on the transparency of their actions, ethics and legal and social responsibility, to demonstrate reliability and increase value for stakeholders.

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According to the principle of transition dynamics, which economy will grow fastest?

Answers

In the same country, 1 year after the natural disaster destroyed most of the capital stock

The principle of transition dynamics says that an economy that is farther below its steady state will grow faster. The destruction of the capital stock places the economy further below its steady state 1 year after the destruction took place.

Market dynamics are forces with the purpose of effect expenses and the behaviors of manufacturers and purchasers. In a market, those forces create pricing alerts that result from the fluctuation of supply and demand for a given service or product. marketplace dynamics can impact any industry or government policy.

Dynamics is defined as the branch of mechanics that deals with the impact of door forces on something. An example of dynamics is how the moon affects ocean waves. An example of dynamics is the impact of individual relationships on a set of pals.

Dynamics is the examination of the movement of items (i.e. kinematics) and the forces answerable for that motion. It is a department of classical mechanics, regarding the whole Newton's legal guidelines of movement.

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What is one consequence of stagflation?

The economy drastically slows down as money loses its buying power.
Producers cannot keep up with consumer interest and raise their prices.
There are not enough workers to meet the rising level of production.
Demand is too high and people spend more money than they should.

Answers

Answer:

A. The economy drastically slows down as money loses its buying power.

Explanation:

The one consequence of stagflation is The economy drastically slows down as money loses its buying power. Thus the correct option is A.

What is stagflation?

To describe a condition in which an economy experiences both price increases or you can say inflation and slow economic growth or collapse or deflation is called Stagflation.

They may also need to address the underlying causes of stagflation, such as supply chain interruptions or structural difficulties in the economy.

Stagflation can cause slow or declining economic growth, thus policymakers may aim to promote economic activity and generate jobs in order to boost economic growth. Policymakers may seek to address these issues in order to prevent future stagflation episodes.

Therefore, option  A is appropriate.

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the demand for nike shoes is than the demand for shoes in general. a. ​less elastic b. ​more inelastic c. ​less inelastic d. ​more elastic

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The demand for Nike basketball shoes is more price elastic than the demand for basketball shoes as a whole. This is best explained by the fact that there are more substitutes for Nike basketball shoes than for basketball shoes as a whole.

What is Elasticity?

A change in buyers' and sellers' behavior in reaction to a change in the price of a good or service is referred to as elastic behavior in economics. In other words, the degree to which demand for a thing or service changes as its price rises or falls, is what is known as its demand elasticity or inelasticity. The demand for that commodity or service is promptly adjusted by both vendors and customers.

Elasticity is a crucial economic measure because it shows how much of a good or service consumers will purchase when the price rises or falls, which is especially essential for businesses selling goods or services. Elastic goods and services are either unnecessary or easy to replace by substitutes.

Disclaimer- The complete question is-

The demand for Nike basketball shoes is more price elastic than the demand for basketball shoes as a whole. This is best explained by the fact that

(a) Nike basketball shoes are a luxury good, not a necessity

(b) Nike basketball shoes are the best made and widely advertised

(c) there are more complements for Nike basketball shoes than for basketball shoes as a whole

(d) there are more substitutes for Nike basketball shoes than for basketball shoes as a whole.

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How is an fbo affected by the operation of those parts of the airport not covered in its lease?

Answers

Fixed base operator is the organization gets a right from airport to provide various services related to aeronautical services to the flights such as fueling, hangaring, tie-down and parking, aircraft rental, aircraft maintenance, flight instruction, and similar services etc. Sometimes, this operation may need to perform some additional activities which are not part of their regular contracts or assignments.

For these, the FBO operator charges a rate from the service receiver, based on the kind of service, they will charge a price. Occassionally these kind of services may require by air service providers, and this FBO will offer whatever the kind of service they require but charge additionally.

The term “FBO” refers to a Fixed Base Operator. This is an airport business which handles private aviation (non-commercial), aircraft passengers and services. Usually, it is a stand-alone terminal at an airport like you will find at Luxivair SBD.

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What is the connection between incentives and consumer sovereignty in a free market economy?.

Answers

The connection between incentives and consumer sovereignty in a free market economy is that consumers will have the control over the production.

What is the connection between incentives and consumer sovereignty in a free market economy?

The major connection between the incentives and the consumer sovereignty is that consumers will have the power to decide what to buy according to the incentives.

This purchasing power of the consumers is called as consumer sovereignty. They don't face the interference from the government.

Variety of goods are offered in free markets as producers own incentives to meet the demands of consumers.

Consumers enjoy the freedom to control what gets produced.

To learn more about consumer sovereignty,refer

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