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.
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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:
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Related Questions
Jeanie realizes that her values differ significantly from some of her younger subordinates. What should jeanie do to understand them better?
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Jeanie realizes that her values differ significantly from some of her younger subordinates. To understand them better she should seek out others point of view and perspectives.
In life, we meet a lot of different kinds of people with accordingly different views and perspectives on life. If one believes in something and other in something else It's completely fine and is just diversity that is very natural in society. If we want to be an adaptable being we have to consider and think according to others perspective too so that we understand them better.
Not only this helps in better working conditions but also helps in building healthy relationships among people that you work with or either are close to.
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As mergers, acquisitions, and restructuring have increased in importance, agency theory has become more important in assessing whether.
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shareholder goals are truly being achieved by managers in the long run.
A shareholder is a person, corporation, or institution that holds at least one share of stock in a corporation or a mutual fund. In essence, shareholders control the corporation, which comes with unique rights and duties. This type of ownership allows them to profit from the success of a firm.
What exactly Is Agency Theory?
Agency theory is a principle used to describe and overcome problems in the interaction between business owners and their agents. That relationship is most typically between shareholders, as principals, and firm executives, as agents.
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When a firm sells a product out of inventory, investment expenditures ______, and consumption expenditures ______.
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When a firm sells a product out of inventory, investment expenditures decrease, and consumption expenditures increase.
What are consumption expenditures?
Consumer spending, often known as personal consumption spending (PCE), is the amount spent by or on behalf of US citizens on products and services. BEA releases yearly, biannual, and month estimates of consumer expenditure on a nationwide scale. Gas, food, and clothing are typical examples. About 25 to 30 percent of consumer spending is on non-durable products. Services: These are immaterial activities that give customers immediate satisfaction at the point of purchase. The Healthcare systems, entertainment, and education are a few such examples. The market worth of all household purchases, including those of durable goods like cars, washing machines, and personal computers, is known as household final consumption expenditure. Inferred rent for owner-occupied homes is included while home acquisitions are excluded.
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A college plans to interview 8 students for possible offer of graduate assistantships. The college has three assistantships available. How many groups of three can the college select?.
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A college plans to interview 8 students for possible offers of graduate assistantships. The college has three assistantships available. Hence the number of possible selections is 210.
Most graduate assistant interviews will accommodate a combination of common, generic interview questions like “Tell me about yourself” or “What is your ideal work environment. You further your potential by giving yourself a more robust chance to The college has three assistantships available. Hence the number of possible selections is 210.
Your graduate education is quite what you learn within the classroom — it is also the work experience you gain. Graduate assistantship positions are competitive to secure. That's because to successfully land a graduate assistantship, you've got to demonstrate academic excellence in your program while competing among many other qualified and dynamic applicants.
As well as being hardworking, approachable and good with children, I've got a variety of qualities which I could bring round the Teaching Assistant role. I'm a particularly patient person and I am willing to spend the maximum amount of time performing on one subject, word or calculation as a baby needs. I'm also very imaginative. I read your listing for the position of graduate assistant and wanted to precise my interest in taking over this job.
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holding all else constant, if people eat out more at expensive restaurants when they earn more, then expensive restaurant meals are
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Holding all else constant, if people eat more at expensive restaurants when they earn more, then expensive restaurant meals are a normal good.
What is a normal good?Corresponds to a product or service that is directly related to the consumer's income, that is, it follows the concept of "coeteris paribus", which relates the increase in demand to an increase in consumer income.
Normal goods are divided into essential goods and luxury goods. An example of essential goods is food and clothing. An example of luxury goods might be a private jet.
Therefore, normal goods correspond to the majority of goods produced in an economy, whose purpose is to bring improvements and ease to the lives of individuals.
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which of the following countries/territories joined the central america free trade agreement (cafta) in 2004?
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There are seven countries that joined Central America Free Trade Agreement in 2004.
What is trade agreement?
The trade agreement is an agreement in which two or more companies are included to do trade with some special benefits.
The Central America Free Trade Agreement is a trade agreement that is implement in 2004 in which the USA and other 6 small developing countries signed the contract. According to this agreement these countries do free trade without any duty or tax. The main aim of this is to encourage the trade in developing countries. These countries are Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, as well as the Dominican Republic. Hence, these are the countries that are included in Central America Free Trade Agreement.
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free-market capitalism includes four basic rights: the right to own property, the right to own a business and keep the profits; the right to freedom of competition; and the right to
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Free-market capitalism includes four basic rights. The right to own private property, the right to own a business and keep all that business's profits, the right to freedom of choice, and the right to freedom of competition.
The proper to very own personal property is the most fundamental of all rights under capitalism. personal possession approach that individuals should purchase, promote, and use the land, homes, machinery, innovations, and different types of belongings. They also can skip that belonging to their children.
Any economic system is capitalist as long as personal people control the factors of production. In simple terms, the capitalist economic system is also a free marketplace economic system, meaning the regulation of supply and call for, rather than a central government, regulates production, hard work, and the market.
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A neoclassical economist and a keynesian economist would disagree most strongly about __________.
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A neoclassical economist and a Keynesian economist would disagree most strongly about The benefits of deficit spending.
The term "deficit spending" frequently conjures up a Keynesian theory of economic stimulus, in which the state incurs debt while leveraging its purchasing power to boost demand and the economy.
The liberal British economist John Maynard Keynes is widely credited with the idea of deficit spending as an economic boost. Keynes contended that a drop in consumer spending during a recession or depression might be offset by an increase in government spending in his 1936 book The General Theory of Employment, Interest, and Employment.According to Keynes, maintaining aggregate demand—the total amount spent by consumers, firms, and the government—was essential to preventing protracted periods of high unemployment that can exacerbate a recession or depression by causing businesses to fire additional employees, and so on.Keynes asserted that the government's accumulated debt might be paid off if the economy is expanding once more and full employment has been attained. Keynes claimed that the government could simply raise taxes and remove extra capital from the system if increased government spending resulted in excessive inflation.To learn more about "deficit spending" visit:https://brainly.com/question/15595808
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which of the following instruments are traded in the capital markets? check all that apply. commercial paper certificates of deposit treasury bills corporate bonds common stocks
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All of the given instruments are traded in the capital market.
What is a capital market?
A capital market is a location where financial instruments of a company are traded.
In this question, we must determine which of the given instruments is traded on the stock exchange. The capital market is one of the company's primary sources of funding. All financial instruments in the capital market, such as commercial paper, certificates of deposit, treasury bills, corporate bonds, and common stock, are related to the company's financing source. The company can raise funds or capital with the help of these instruments. These are also traded between other participants in the capital market.
Hence, All of the listed instruments are traded on the capital market.
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Wyco sponsors all of the music events at memorial stadium. In return the stadium receives $10,000 per event. If the stadium hosts 16 concerts during the year, how much revenue does it receive from wyco?.
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If the stadium hosts 16 concerts during the year, $160,000 in revenue does it receive from Wyco.
Every time there is an event, Wyco gives 10,000 dollars to stadium.
Since there were 16 events for that year and there isn’t any expense, 10,000 dollars multiply 16 events equal to 160,000 dollars for revenue.
Revenue is the money made from regular business operations and is determined by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be included as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
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In the context of the types of sales presentations, what are the advantages of the standard memorized presentation?
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when the output of some units in a firm can be used as inputs to other units, synergies develop, which can lower costs and generate profits.
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Synergies occur when two businesses pool their markets and knowledge, or when the output of one unit can be used as an input to another unit. Synergies form when one unit's output may be used as an input by another, which lowers costs and increases profits. As a result, costs are reduced and profits are made.
Offer broad customization. Synergies are produced when two organizations combine their respective markets and areas of expertise to save costs and increase revenues.
How might information technology help a business cut back on agency fees? Information technology lowers the cost of gathering and interpreting data, enabling firms to cut agency expenses by making it simpler for managers to monitor a larger workforce. Overall, this brings down agency expenses.
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During the adjusting process two transactions were neglected or omitted. The first is for unearned rent revenue of which $415 was earned during the period, the second was for accrued interest payable of which $275 is owed for the period. As a result of these omissions.
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During the adjusting process two transactions were neglected or omitted. The first is for unearned rent revenue of which $415 was earned during the period, the second was for accrued interest payable of which $275 is owed for the period. As a result of these omissions liabilities are overstated by $160.
The primary is for unearned rent revenue of which $415 was earned during the amount, the second was for accrued interest payable of which $275 is owed for the amount. The purpose of adjusting omissions entries is to make sure that your financial statements will reflect accurate data. As a result of these omissions liabilities are overstated by $160.
Adjusting entries help measure the period's income and convey the related asset and liability accounts omissions to correct balances for the budget. The asset's cost minus accumulated depreciation. Accounting that records transactions only cash is received or paid.
Adjusting entries are necessary to bring the final ledger accounts in line with the budget. Expenses are understated and omissions net and stockholders' equity are going to be overstated. Assets are overstated and profit and stockholders' equity are understated.
Adjusting entries update accounting records at the tip of a period for any transactions that haven't yet been recorded. These entries are necessary to confirm the earnings report and record present the right, up-to-date numbers.
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Which step in the ethical decision-making process occurs once you have considered how a decision affects stakeholders by comparing and weighing the alternatives?
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The issue identification step of the ethical decision making consider the effect on stakeholders as well weighing alternatives.
What is decision making?
The decision making is a process of the company in which the decision related to various issues are taken by the company.
In this question, we have to identify the step in the ethical decision-making process to check the effects of decision and weighing the alternatives. In this case the company uses issue identification step to identify the measure the effects of the company. After measuring the effect of the decision in next step the company identifies the effectiveness of the alternatives use by the company. Hence, from this we can say that this step is used to identify the effects on stakeholders.
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true or false: when estimating income, include amounts that you can control, like withholding and company-provided health insurance premiums. true false
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The correct answer is false, while estimating income we cannot control, withholding and company-provided health insurance premium.
The money that a person or entity receives in exchange for their labor or products is referred to as income. Income can be defined differently depending on the context, such as taxation, financial accounting, or economic analysis.
Most people define income as their total earnings from wages and salaries, investment returns, pension distributions, and other receipts. For businesses, income includes revenue from selling services and products, as well as any interest and dividends received on cash accounts and reserves related to the business
Depending on the quantity being measured, there are various terms for income. Gross income is the total value of a person's salary or payments, excluding any cash outflows. Net income is the amount of money left over after deducting taxes and fees. Individual earners' discretionary income is the amount remaining after necessary expenses have been met.
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If fixed costs are $1,263,000, the unit selling price is $234, and the unit variable costs are $102, the amount of sales (units) required to realize an operating income of $224,000 is:_________
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If the unit selling price is $234, the unit variable expenses are $102, and the fixed costs are $1,263,000, then 10390 units must be sold in order to earn an operating income of $224,000.
Fixed costs = $1,263,000
Unit selling price = $234
Unit variable costs = $102
Operating income is the adjusted revenue of a business after all operating costs and depreciation have been taken into account. The charges spent to maintain the functioning of the firm are known as operational expenses.
The sale of x units will generate operational income.
Total cost = $12,63,000 + $224,000 = 10,39,000
Contribution Margin = 220 - 120 = 100
100x = 10,39,000
x = 10390 units
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the project was over, so each worker went back to her usual assignment, taking with them the notebook they were issued when the project began. they never were sure whether the project had been successful or unsuccessful, but they could be positive that the project was terminated by:
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Workers were never sure if the project had been successful or unsuccessful, but they could be positive that the project was terminated by Extinction.
The project appeared to be a huge success when it initially started. Each of the workers had made significant progress on their tasks and appeared confident that their overall objective would be accomplished. However, management abruptly cancelled the project without giving any prior notice or justification, returning each worker to their regular duties.
Depending on whether the project was successful or failed, it can be extinction. In the example, all they knew was that they had been working too hard and received insufficient compensation, but they were unsure how their job had been progressing. Days had passed since the workers were let go from the project, but they were still unsure of its success or failure.
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the break-even point is the point at which multiple choice revenue exceeds variable cost but does not fully cover fixed cost. revenue exceeds fixed cost but does not fully cover variable cost.
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The sum of the fixed and variable costs is the revenue. The money made from routine business activities is referred to as revenue and is calculated by dividing the average sales price by the number of units sold.
What is Break even point ?
The breakeven point (break-even price) for a trade or investment can be calculated by comparing an asset's market price to its starting cost. When the two prices are equal, the breakeven point is attained.
In corporate accounting, the breakeven point formula is computed by dividing all manufacturing-related fixed costs by revenue per unit less variable costs per unit. In this context, fixed costs are defined as costs that remain constant independent of the number of units sold. The breakeven point refers to the production level where all revenues for a product equal all expenses.
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fill in the blank: while buyer personas help you understand who your customer is, jobs to be done helps you understand your customer’s .
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While buyer personas help you understand who your customer is, jobs to be done helps you understand your customer’s motivation.
A buyer persona is known as a detailed description of someone who represents the target audience of the organization. This persona is fictional but it is also based on deep research of the existing or desired audience of the organization.
Buyer persona is called by different names such as the customer persona, or audience persona, or it can be the marketing persona.
A buyer persona is a research-based profile which depicts the target customer. Buyer personas also describes who the ideal customers are for the organization.
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firms use a variety of methods to conduct business internationally. consider the case of an mnc conducting international business via the use of licensing, franchising, or joint ventures. when this method of conducting international business is used, cash inflows come from foreign subsidiaries while cash outflows flow to
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Various strategies are used by businesses to transact business overseas. Think of a multinational corporation (MNC) that uses joint ventures, franchising, or licensing to conduct international operations. When using this way of operating international business, overseas subsidiaries provide cash inflows while receiving cash outflows.
A foreign subsidiary is a business with operations outside of its home country that is a division of a bigger firm with headquarters elsewhere, also referred to as a parent company or holding company. To gain a footing in a particular foreign country, increase revenues, gain tax advantages, and diversify the company's assets to reduce risk, businesses form foreign subsidiaries.
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Identification of users who have permission to access data elements in a database is found in the:______.
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Identification of users who have permission to access data elements in a database is found in the “Database scheme”.
For representing the logical view of the database "schema" is used. The database schema is a skeleton of data. It defines the way in which a database is organized and the relationship among entitities is defined. As authentication of users is an essential part. So database schema made it easy to authenticate the users.
Authenticated users are found in the database who has permission to access data elements. In this way it also provides security. Hence it helps to improve both security and authentication by organizing the database. A database schema defines its entities and the relationship among them.
Therefore, the identification of users who have permission to access elements in a database is found in the database schema.
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5. building on the article on "leading change: why transformation efforts fail," how would you apply the transformation principles outlined in the article to transforming ‘ing’ (time of the case study ‘transformation at ing (a)’). how why you would use the leading change to transform the banking company on transformation at ing. the hardest. put some more effort into.
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I would apply the transformation principles outlined in the article to transforming my country and environment by:
Starting Sense of Urgency in regards to market conditions.Having a lot of Guiding CoalitionVisionCommunicating my vision with others.Working to actualize my goal.What does transformation mean in business?
Business transformation is known to be a term that is often used to tell the things that can occur or take place if a company makes fundamental alteration to how it operate.
Therefore. I would apply the transformation principles outlined in the article to transforming my country and environment by:
Starting Sense of Urgency in regards to market conditions.Having a lot of Guiding CoalitionVisionCommunicating my vision with others.Working to actualize my goal.Learn more about transformation from
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an appraiser finds that, on average, rental homes in the area are selling for $165,000. average rents are $1,500 per month. the appraiser is appraising a home with a projected gross rent of $1,450 per month. what is the value of the home using the gross rent multiplier?
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Gross Rent Multiplier is used to evaluate the income derived from a property, dividing market value by annual gross income of the property we get GRM which is 9.1667 for the given question.
By multiplying GRM with Annual Income of the property we get Market Value of home which is 159,500
Market Value / Annual Gross Income is equal to Gross Rent Multiplier(GRM)
165,000 / (1500*12) = 165,000 / 18,000 = 9.1667
GRM = 9.1667
Market Value of home = GRM* Annual Income = 9.1667*(1,450*12)
Market Value of home = 159,500
The gross rent multiplier (GRM) purpose is to evaluate a property. It analyzes the property's price compared to the annual rent income it generates. It's displayed as variety, or ratio, and if it's too high or too low, it may be the property is over or underpriced, or there's a difficulty with the property.
Commercial rental properties are evaluated supported variety of ratios and lender criteria. Lenders consider the income and profitability of the property in concert of the—if not the—most important lending qualification criteria.
By knowing what the GRM is before you apply for a loan for the property, you'll be able to be better prepared to qualify for what you wish. Other factors which will impact whether an ad mortgage lender grants you a loan include your credit score, assets, debt, income, and more.
So, Market Value of home is equal to159,500
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What does adam smith’s economic philosophy have in common with john locke’s and voltaire’s ideas about government and religion?.
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According to Adam Smith's economic theory, everyone should act independently and go after their goals. People should act as they like and be content with their choices, according to John Locke and Voltaire.
Economic theory is predicated on the idea that consumers and investors are very "efficient machines," that is, that they make the best decisions for themselves. Laboratory studies show that, in comparison to the behavior expected in most economic theories, investor behavior is significantly more complex.
As the supply of a commodity or service declines and customer demand increases, for instance, the price of that good or service may soar—in this instance, the demand is greater than the supply.
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given a real rate of interest of %, an expected inflation premium of %, and risk premiums for investments a and b of and respectively, find the following: a. the risk-free rate of return, b. the required returns for investments a and b
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Given a real interest rate of 2%, an anticipated inflation premium of %, and risk premiums of and for investments a and b, respectively, the risk-free rate is equal to 5%, meaning that B needs a return of 11%.
Real rate + inflation premium equals the risk-free interest rate.
Risk-free rate = 2% plus 3%.
Risk-free rate equals 5%.
Part B:
Risk free rate plus market risk premium equals the required return for A.
Requirement for A is 5% plus 4%.
A's required return is 9%.
Required return for B = Market risk premium plus Risk free interest rate.
5% + 6% is the required return for B.
B requires a return of 11%.
Given a real interest rate of 2%, an anticipated inflation premium of %, and risk premiums of and for investments a and b, respectively, the risk-free rate is equal to 5%, meaning that B needs a return of 11%.
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Brenda has money invested in esti transport. she owns two par value $1,000 bonds issued by esti transport, which currently sells bonds at a market rate of 101.345. she also owns 116 shares of esti transport stock, currently selling for $15.22 per share. if, when brenda made her initial investments, esti transport bonds had a market rate of 96.562 and esti transport stock had a share price of $13.40, which side of brenda’s investment has gained a greater percent return, and how much greater is it? a. the bonds showed a return that was 4.78 percentage points higher than that of the stocks. b. the bonds showed a return that was 4.95 percentage points higher than that of the stocks. c. the stocks showed a return that was 8.63 percentage points higher than that of the bonds. d. the stocks showed a return that was 3.58 percentage points higher than that of the bonds. please select the best answer from the choices provided a b c d
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The side of Brenda's investment that has gained a greater percent return is stock: (c.) the stocks showed a return that was 8.63 percentage points higher than that of the bonds
What is the rate of return for each investment security?
The rate of return for each investment security of Brenda, I mean bonds and esti transport stocks, is determined as the change in price divided by the initial purchase price, in other words, we simply need to make the change in price since purchase of security as a percentage of the initial purchase in a bid to determine the rate of return.
stock return=($15.22-$13.40)/$13.40
stock return=13.58%
bond return=(101.345-96.562)/96.562
bond return=4.95%
The excess of stock rate of return over the bond investment can be as 13.58% minus 4.95%, which gives excess return of 8.63%, hence, the stocks has a superior performance judging from the increase the in share price
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The four essential managerial tasks are planning, organizing, leading, and _______.
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The four essential managerial tasks are planning, organizing, leading, and controlling.
What are managerial tasks?
Managerial tasks has to do with the functions of management which are planning, organizing, leading, and controlling that are important or essential for the day to day running of a business and this four functions help managers to smoothly and effectively run a business.
Controlling is an important function of management as it has to do with supervising the day to day activities of a business.
Therefore the four essential managerial tasks are planning, organizing, leading, and controlling.
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Many business people believe that marketing should focus on factors other than financial goals, such as:_____.
a. ethics.
b. return on investment.
c. employee training.
d. efficient production.
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Many business people believe that marketing should focus on factors other than financial goals, such as ethics. Therefore, the option A holds true.
What is the significance of business ethics?Business ethics can be referred to or considered as the practically ethical methods followed by a business organization in its operations for the purpose of successful marketing of the products that the company is involved in selling to the customers in the market.
Therefore, the option A holds true and states regarding the significance of business ethics.
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a father opened a savings account for his daughter on the day she was born, depositing $. each year on her birthday he deposits another $, making that last deposit on her birthday. if the account pays % interest compounded annually, how much is in the account at the end of the day on his daughter's birthday? how much interest has been earned?
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The interest earned will be $29286.61.
The amount in the account at the end of the day on his daughter's 24th birthday is $59286.61.
How to calculate the interest?The following can be deduced from the information:
PMT = $1200
Interest rate = 5.25% = 0.0525
Number of payment = 25
The future value will be:
= PMT[(1 + r)^n - 1)]/r
= 1200[(1 + 0.0525)^25 - 1] / 0.525
= $59286.61
Total deposit = $1200 × 25 = $30000
Interest will be:
= $59286.61 - $30000
= $29286.61
Therefore, the interest earned will be $29286.61.
The amount in the account at the end of the day on his daughter's 24th birthday will be:
= Total deposit + Interest
= $30000 + $29286.61
= $59286.61
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A father opened a savings account for his daughter on the day she was born, depositing $1200. Each year on her birthday he deposits another $1200, making that last deposit on her 24th birthday. If the account pays 5.25% interest compounded annually, how much is in the account at the end of the day on his daughter's 24th birthday? How much interest has been earned?
If an economy falls into a recession, there is no way to coordinate lower wages across the economy for workers according to keynes because of the ________.
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If an economy falls into a recession, there is no way to coordinate lower wages across the economy for workers according to Keynes because of the coordination argument.
Consumption and funding, or an instantaneous will boom in authorities spending, each of that can shift the aggregate name for the curve to the right. because costs are surprisingly inflexible, fluctuations in any issue of spending consumption investment, or authorities expenses purpose output to change.
If government spending will boom, as an instance, and all distinct spending components stay regular, then the output will increase. The coordination argument states that downward economy fall and price flexibility calls for best records approximately the level of reduced repayment ideal to exclusive people and market members.
This argument factors out that, despite the fact that most of the people might be inclined as a minimum hypothetically to see a decline of their personal wages in bad economic times as long as absolutely everyone else additionally skilled the sort of decline, a market-orientated.
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