The Audit function of oversight is carried out to determine whether the correctional agency is meeting established performance indicators.
What's oversight function?
An oversight refers to the review, monitoring, and supervision of civil agencies, programs and policy perpetration, and it provides the legislative branch with an occasion to check , examine, review and check the administrative branch and its agencies.
What's the part of audit oversight board?
The purpose of Audit Oversight Board( AOB) is to oversee the external adjudicators of agencies who review the listed companies. Its establishment is anticipated to ameliorate the quality of the audited fiscal statements and to increase the confidence of the public on the quality of the services handed by the adjudicators.
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the amount paid for some benefits based on a recipient's ability to pay rather than on fixed fees is known as general revenue. true false 1 points question 7 social workers must pay special attention to social welfare policies because some policies are unfair and therefore must advocate for them to be changed. true false
False. General revenue is the income that a government receives from all sources, including taxes, fees, and investments.
What is revenue?
Revenue is the money earned from normal business activities and is calculated by multiplying the average sales price by the amount of units sold. Net income is calculated by subtracting costs from the power play (or gross income). Revenue is cash brought into a business by its operations. Depending on the accounting rules used, there are various methods for calculating revenue. Accrual accounting will treat credit sales as revenue for goods or services provided to the client. Revenue is recognised although if payment has not yet been did receive under certain rules.
To determine how efficiently the company collects money owed, examine the cash flow statement.
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a fixed-price contract offers the seller (contractor): a. the same risk as that of the buyer (client) b. a higher risk than the buyer (client) c. a lower risk than the buyer (client) d. guaranteed reimbursement of actual costs
A firm-fixed-price agreement establishes a pricing that is not subject to change based on the contractor's cost performance history.
A government intervention known as a subsidy takes the shape of money or tax breaks. To encourage producers to produce more or at a lower cost, the government provides subsidies. As a result, there will be a greater variety of products available or prices will drop.
The term "equilibrium pricing" refers to the cost established by supply and demand. It is where the supply and demand curves converge. It is the cost consumers are willing to pay, all other things being equal, for a specific amount of a good.
A producer's cost of production will decrease if he receives a subsidy. The product will be less expensive. He is able to afford to give vendors a reduced price because
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the inelastic segment of the demand curve part 2 a. is coincident with the vertical axis. b. is coincident with the horizontal axis. c. lies below the midpoint of the curve. d. lies above the midpoint of the curve. . . . question content area right part 1 quantity price midpoint demand
The inelastic segment of the demand curve part 2 lies below the midpoint of the curve.
When the demand for a product doesn't fluctuate as much as the price, this is known as inelastic demand in economics. Inelastic demand is depicted visually by a steep demand curve. The demand for that good or service is less elastic, hence the steeper the curve, the more so. It is said to be totally inelastic if a demand curve is perfectly vertical (up and down). The good is described as "elastic" or "very elastic" if the curve is shallow as opposed to steep. This implies that the amount required will fluctuate significantly with a slight change in the good's price.
Price inelastic demand just indicates that the quantity change is not zero but rather that the quantity change is smaller than the price change in percentage terms. Demand that is price inelastic (as opposed to completely inelastic) nonetheless has a decreasing slope.
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sandra jones and julie gray enter into a contract. at the time of signing the contract, sandra does not know that julie has been declared incompetent by a court. what is the legal status of this contract?
Sandra jones and julie gray enter into a contract. The legal status of this contract Enforceable because Julie was unable to advised Sandra of her incapacity to entering into the contract.
What's an enforceable contract?
An enforceable contract is one that can be executed in court of law. That is, the law allows for enforcement of the contract. An enforceable contract must always be valid. A valid contract may, still, be unenforceable.
What Is a fairly enforceable?Enforceable law description means that an agreement has been made by two or further parties and includes the factors of a valid contract. For a contract to be valid, there must be an offer, a consideration, and the parties involved must be of full internal capacity.
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the government of burginville has run a deficit of $20 million which it intends to pay for by issuing new government bonds. what impact will this action have on the bond market and the market for loanable funds?
The supply of bonds in the bond market increases; the demand for funds in the loanable funds market increases.
What is bonds ?Bonds are formulated when governments and companies want to increase money.By purchasing a bond, you are making a loan to the issuer, and the issuer agrees to repay the face value of the loan by a specified date, and usually he will make two periodic payments a year. pay interest. Bonds are generally considered safer than other financial assets such as stocks, and provide a reliable return unless the issuer defaults.There are different types of bonds with different payment terms and minimum investment amounts.In return for purchasing a bond, an investor or bondholder receives periodic interest payments known as coupons.To learn more about bonds from the given link :
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krishan goes to a local bank to make a deposit in his savings account. while there, he considers the principles of economics that he has been learning at the university. he concludes that in this situation he is a supplier of credit. how is this so?
He is lending the bank his savings so that the bank can lend those funds to other borrowers.
When a bank lends or borrows money from another bank in the federal funds market. The excess reserve loan from one bank to another bank will therefore be recorded as an asset for the lending bank and a liability for the borrowing bank because the borrowing bank borrowed money from the other bank.
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3. What could be done for the ratio(s) that were not favorable to the nursery that you chose? (5 pts)
The science and practice of nursery management can be improved by choosing the right use of soil, fertilizers, nutrients and supply of clean water.
What is nutrient management?Nutrient management is the process of matching a particular crop management conditions, field soil, and climate condition to the 4R nutrients.
The 4R nutrients are
RatePlaceSourceTimingHow to improve the unfavourable ratio?
To answer this question, we make use of soil and nutrients management as a ratio to improve the nursery.
It follows that using the right soil in planting a particular type of crops helps to reduce some negative result or unfavourable condition which stands to impede economic growth.
The correct use and adequate supply of fertilizers can help to provide a favourable condition in the nursery.
In nursery production, employing clean water can go a very way to help improve the quality of these nursery lives and management as contaminated water reduces the productivity of the nursery.
In conclusion, we can now confirm that when we introduce the right measures in the nursery practice such as soil and nutrients management, it can help improve the ratios of the nursery.
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Complete question:
What could be done to improve the practice of nursery management that you chose
Jonathan has graduated and wants to start a business. Which business entity gives him the most complete and exclusive control over the business and any business decisions?.
Sole proprietorship in business entity gives Jonathan the most complete and exclusive control over the business and any business decisions.
A sole proprietorship, also known as a sole trader, is an unincorporated business with only one owner who is responsible for paying personal income tax on the company's profits. Due to a lack of governmental oversight, a sole proprietorship is the most straightforward type of business to start or dissolve.
As a result, consultants, sole proprietors, and other freelancers frequently operate these kinds of enterprises. The majority of small business begin as sole proprietorship, grow, and then convert to a limited liability entity or corporation.
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of good y falls from $10 to $8, and the quantity demanded of it rises from 1,000 units to 1,200 units, the price elasticity of demand expressed in absolute value is:
the price elasticity of demand expressed in absolute value is: 0.82.
This is done with the formula:
Ed= (dQ/Q) /(dP/P)
where,
Ed= price elasticity of demand
Q= Quantity dQ= change in Quantity
P= Price dP= change in Price
What price elasticity of demand?
The price elasticity of demand (which is often shortened to demand elasticity) is defined to be the percentage change in quantity demanded, q, divided by the percentage change in price, p.
Elasticity is an important economic measure, particularly for the sellers of goods or services, because it indicates how much of a good or service buyers consume when the price changes. When a product is elastic, a change in price quickly results in a change in the quantity demanded.
An example of products with an elastic demand is consumer durables. These are items that are purchased infrequently, like a washing machine or an automobile, and can be postponed if price rises.
For example, automobile rebates have been very successful in increasing automobile sales by reducing price.
What are the types of elasticity?
Elasticities can be usefully divided into five broad categories:
perfectly elasticelasticperfectly inelasticinelastic unitary.To learn more about elasticity from the given link
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corporate strategic options for diversified companies would not normally entail multiple choice sticking closely with the existing business line when the current business line offers attractive growth opportunities. divesting weak-performing businesses and retrenching to a narrower base of business operations. broadening the diversification base by adding and acquiring more businesses. repurchasing shares of the company's common stock and building cash reserves by investing in short-term securities. restructuring the company's business lineup through a mix of divestitures and new acquisitions.
Option (c), which entails repurchasing shares of the company's common stock and accumulating cash through investments in short-term securities, is the best choice.
What exactly do you mean by diversified companies?A diverse corporation owns or engages in business across a number of unrelated industries. Companies can diversify by starting new ventures on their own, joining forces with another business, or buying a firm that operates in a different industry or service sector. One typical type of diversified company are conglomerates.
Why does corporate strategy matter for a varied firm?So, the company strategy is to increase profitability by entering new markets and offering new products. Corporations may also aim to diversify in order to assist mitigate the dangers related to relying too much on one industry.
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wage differences that reflect the fact that some jobs are less pleasant than others are called: efficiency wages. market power. compensating differentials. discrimination.
The wage differences that reflect the fact that some jobs are less pleasant than others are called compensating differentials.
Define compensating differentials.A compensating differential, also known as a compensating salary differential or an equalizing difference, is the additional revenue necessary to persuade a person to accept a certain unfavorable job in comparison to alternative jobs that the worker may perform.
The higher remuneration that logging businesses give their employees because of the nature of their labor is an example of compensation differentials. Compensation wage differentials are created to make up for nonwage employment features, such as how "pleasant" or "unpleasant" a job is, for workers. - If a job is unpleasant, the company will likely need to pay more to entice personnel, and vice versa.
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of the three parties to a trust deed in california, which one is the beneficiary? group of answer choices lender borrower trustee none of the answers are correct
Of the three parties to a trust deed in California, the beneficiary would have to be the lender.
What is a trust deed?This is the term that is used to refer to the deed of trust. That is this is a document that is used to refer to what is used in the real estate business. It is what is made use of as an agreement that would have to be between the person that is the lender and the person that is the borrower. It has to do with a property that is to be held in trust.
The trust deed is done so as to be able to transfer the rights to a property to a party that can be regarded as the third party.
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suppose demand for a product is 100 units a day and a factory produces seven days a week. which production schedule would be in line with the tps philosophy toward pace?
Total Production Streamlining is referred to as TPS. The number of transactions that an information system completes in a second is measured in terms of transactions per second (TPS) by computer hardware and software.
Who employs TPS?
Total Production Streamlining is referred to as TPS.Transaction Processing Systems: Who Uses Them? The majority of users of the transaction processing system are casual users. Nevertheless, the TPS may also require access to data from authorized personnel.A Kanban system is commonly referred to as a pull system since consumer demand pulls output through the workplace.A lean pull system tries to establish a workflow in which work is only pulled in response to demand. A pull method is used to create items based on actual demand rather than forecasts. Your business can then concentrate on removing wasteful practices from the production process.To learn more about TPS refer to:
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you can estimate your length of retirement by estimating the number of years until you retire. your life expectancy. how many years you can afford to be retired. how much you need to retire. your anticipated expenses in retirement.
You can estimate your length of retirement by estimating how many years you can afford to be retired. Option B is the correct answer.
What is anticipated costs?
Project costs that have not yet been incurred but will do so in the future are known as anticipated costs.
What is meaning of retire?
The meaning of retire is due to old age or illness, to cease working or abandon your job.
The phrase "life expectancy" relates to how many years one can anticipate living. By definition, life expectancy is based on an estimation of the typical age at death for members of a certain population group.
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based solely on liquidity, which insurance company is the most capable of servicing its short-term financial obligations? stillery, inc. williams insurance the rushing, inc. pathway insurers enscomp
Insurance company is the most capable of servicing its short-term financial obligations - Pathway Insurers.
What insurance?
In order to protect oneself from financial loss, one party will guarantee another party compensation in case of a specific loss, damage, or injury in return for a fee. It is a method of risk management that is primarily employed to protect against the risk of a potential loss. An insurer, health insurer, insurance provider, or underwriter is a company that offers insurance. A person or entity that purchases insurance is referred to as a policyholder, and someone or something that is protected by the policy is referred to as an insured. Although the terms policyholder and insured are frequently used interchangeably, they are not always synonymous because additional insureds who did not purchase the insurance may occasionally be covered.
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describe the process for performing a serial dilution. what are the benefits of performing a serial dilution vs. directly diluting varying amounts of a stock solution? describe how a serial dilution, if performed incorrectly, can lead to a gross systematic error in a spectrophotometric analysis.
A serial dilution is a way of making a less concentrated solution from a more concentrated one. To do this, you take a small amount of the more concentrated solution and add an equal volume of solvent. This is the new, less concentrated solution.
What is serial dilution?
A substance in solution is diluted step by step in a serial dilution. Most of the time, the dilution factor at each step is constant, causing the concentration to increase geometrically and logarithmically. The possible values for a ten-fold serial dilution are 1 M, 0.1 M, 0.01 M, and 0.001 M. In order to accurately produce highly diluted solutions and solutions for experiments that produce concentration curves with a logarithmic scale, serial dilutions are used. The term "logarithmic dilution" or "log-dilution" refers to a tenfold dilution for each step, "half-logarithmic dilution" or "half-log dilution" refers to a 3.16-fold (100.5-fold) dilution, and "quarter-logarithmic dilution" refers to a 1.78-fold (100.25-fold) dilution. In experimental sciences like biochemistry, pharmacology, microbiology, and physics, serial dilutions are frequently employed.
You can continue to do this until you have the desired concentration.
The benefits of performing a serial dilution vs. directly diluting varying amounts of a stock solution are that it is more accurate and precise, and it is easier to control.
If a serial dilution is performed incorrectly, it can lead to a gross systematic error in a spectrophotometric analysis. This is because the concentrations of the solutions are not accurately known, so the absorbance readings will be inaccurate.
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the company's production schedule shows 500 units must be produced next month. what is the estimated total cost for this operation (to the nearest whole number)?
A model that connects two or more variables is determined by using a regression equation. The equation for the regression can be linear or nonlinear. The regression equation can sometimes be both linear and nonlinear.
Is it possible to model a connection between two or more variables using regression?A regression model is a statistical model that uses a line (or plane in the case of two or more independent variables) to estimate the relationship between one dependent variable and one or more independent variables.
Calculate b1 and b0 to one decimal place.
Complete the estimated regression equation to the nearest one decimal place: b1 = 7.6 and b0 = 1146.7
y = 1146.7 + 7.6 x What is the variable cost per produced unit, rounded up to the nearest tenth?
$ 7.6
Determine the coefficient of determination using three decimal places.Note:r2 should be between 0 and 1.
The estimated total cost of this operation is 4947, where r2 = 0.959.
What is a model of two-variable regression?The relationship between these two variables is modeled in the simplest form of linear regression analysis. variables y and x, and a linear relationship is assumed here. We are, in particular. interested in the anticipated value of the random variable y when x is set to a particular value.
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in january of 2024, the falwell company began construction of its own manufacturing facility. during 2024, $6,000,000 in costs were incurred evenly throughout the year. falwell took out a $2,500,000, 10% construction loan at the beginning of the year. the company had no other interest-bearing debt. what amount of interest should falwell capitalize in 2024?
$250,000 is the amount of interest should Falwell capitalize in 2024.
The computation of capitalized interest is displayed below:
= Amount of construction loan × given percentage
= Construction loan amount divided by percentage
= $2,500,000 divided by 10% equals $250,000
To get the precise amount, we simply multiplied the construction loan amount by the specified percentage.
Debt that bears interest. Rarely does this obligation have interest. The other kind of debt is long-term debt, which includes money owing to people who bought corporate bonds the company issued or loans from banks. Until the principal is repaid, the corporation must adhere to interest rate commitments associated with this loan.
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according to david uhlmann, department of justice (1990-1997), why do our current laws not prevent companies with egregious safety records like bp from engaging in activities that could be devastating for the environment?
The Health and Safety at Work Act (HSWA) of 1974 imposes a legal obligation on businesses to protect both their own employees' health, safety, and welfare as well as the safety of others on the job.
What is the law in the Philippines saying about safety and health?
The right to work in a safe and healthy environment must be protected. The employer is required to give enough training and education on chemical safety, electrical safety, mechanical safety, and ergonomic safety to all employees, as well as information about all forms of workplace dangers.
Why is occupational health and safety regulation necessary?
Management should give top emphasis to employee health and safety programs because they save lives, boost output, and cut costs.
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several industry initiatives have been created to keep the public informed about the value of research, the appropriateness of research methods, and the ethics the industry uses in collecting research information. true false
The statement is True.
The required details about research methods, is mentioned in below paragraph.
The strategies, processes, or techniques used in the gathering of data or evidence for analysis in order to unearth new knowledge or develop a better grasp of a topic are known as research methods. Research methods are particular procedures for gathering and analyzing data. Your research design must include the development of your research methodologies. There are two important judgments you will need to make when preparing your approaches. Research is the serious consideration of studies pertaining to a specific concern or subject utilizing scientific methods.
According to American sociologist Earl Robert Babbie, research is a rigorous investigation to define, explain, foresee, and control the observed phenomenon. Deductive and inductive methods are also employed.
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Which of the following would use a 1040 tax return form in order to itemize their deductions?
A: The government
B: Small businesses
C: Large corporations
D: Married people with children
Small businesses would use a 1040 tax return form in order to itemize their deductions. A person must submit an Income Tax Return (ITR) form to the Indian Income Tax Department. It includes details on the individual's earnings and the yearly taxes owed. Tax refunds and tax returns are not the same thing.
However they are related. For instance, your tax refund may increase depending on the credits and deductions you claim. Additionally, if businesses need to get your anticipated refund quickly, filing online and well in advance of the due date will help. When too much money is withheld from their tax return, the taxpayer gets a refund at the end of the year.
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brian's friend will celebrate his birthday next week, so she needs to buy him a gift. she remembers the brand of watch that he wears and considers if he would like a new one by the same maker. this is an example of what part of the consumer purchase decision process?
The part of the customer purchase decision process is internal search. It is because Brian thinks that Brian's friend would like a new one by the same maker.
Decision-making in psychology can be defined as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. Decision making could be either irrational or rational. There are two types in decision making, such as internal search and external search. Internal search can be defined as the acquisition of information that is and available in memory. External search can be defined as the acquisition of information from sources outside of memory.
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management stating that all major restrictions on the entity resulting from debt covenants are disclosed in the footnotes and expressed clearly to users of the financial statements is an example of the
"Classification: The accuracy assertion"
According to classification statements, all financial data was classified accurately and fairly. By confirming that these classifications stay correctly categorized and detailed during audits, these statements assist protect both auditors and businesses.
Accuracy. The claim is that all transactions' full amounts were accurately and completely recorded. Classification. The claim is that all transactions have been accurately recorded in the general ledger's appropriate accounts.
A financial statement's data are said to be accurate and correctly valued if it makes the assertion of correctness and valuation, which states that all balances for assets, liabilities, and equity are used.
The assertion of accuracy and valuation states that each figure in a financial statement is true and is based on an accurate assessment of the values of the assets, liabilities, and equity balances.
A loan covenant is a requirement in a business loan or bond issuance that places restrictions on the borrower's ability to do certain things, prevents them from doing certain things, or only allows them to do certain things when other conditions are met.
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revenues are a. decreases in liabilities resulting from paying off loans. b. increases in share capital resulting from the owners investing in the business. c. increases in income resulting from selling products or performing services. d. all of the above.
Revenues are increases in income brought on by the sale of goods or the provision of services.
Income from the selling of products or services is referred to as revenue.
Liabilities do not diminish as a result of revenues, and revenues do not income raise share capital; equity contributions do.
Revenues is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units income 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 Revenues. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer.
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8 suppose that an antique jewelry dealer is interested in purchasing a gold necklace for which the probabilities are 0.22, 0.36, 0.28, and 0.14, respectively, that she will be able to sell it for a profit of $250, sell it for a profit of $150, break even, or sell it for a loss of $150. what is her expected profit?
Her Expected Profit is $88 when she sells it at different profits and losses with different probabilities.
Expected Profit: The likelihood of making a profit is multiplied by the payoff's profit to determine expected profit, and the probability that specific costs will be incurred is multiplied by the cost to determine expected cost.
The profit amount is multiplied by the chance of earning that profit to determine the expected profit under a probability demand distribution.
The Expected Maximum Profit measure computes an EMP value that is expressed as a percentage of the total loan amount and measures the incremental profit compared to not creating a credit scoring model. It takes into account the profits received by the non-defaulters and the losses caused by the defaulters.
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merchandise invoiced at $9,500 is sold on terms 1/10, n/30. if the buyer pays within the discount period, what amount will be reported on the income statement as net sales?
Net sales are what are left over after subtracting all returns, allowances, and sales discounts from gross sales.Net sales, which includes all forms of sales and associated deductions, is often the overall amount of revenue reported by a company on its income statement.
Solve the problem ?Sales Revenue is listed at the top of the Income Statement in the Revenue portion. It's typically broken out from Total Revenue and may be broken down into revenue streams, as well (more on those in the next section).
The formula for net sales explained
Net Sales = Gross Sales – Sales Returns – Allowances – Discounts.
Net Sales = (Total Units Sold x Sale Per Unit Price) – Sales Returns – Allowances – Discounts.
Net Sales = (25,000 x $20) - $40,000 - $60,000 - $20,000 = $380,000.
The net sales will be computed with the formula net sales = gross sales – returns – allowances – discounts.
$9500 - 950
8550
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the aggregate expenditures model is built upon which of the following assumptions? multiple choice prices are fully flexible. prices are fixed. the economy is at full employment. government spending policy has no ability to affect the level of output.
The aggregate expenditures model is built upon which of the following assumptions: Prices are fixed.
Keynes developed the aggregate expenditure (AE) model. He assumed that prices are set and rigid. Keynes demonstrated in the model that equilibrium is reached when the whole value of the economy's output equals the aggregate expenditure in the economy. He presupposed that the price level was established for this.
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which elasticity of demand measures how the quality demanded of one good responds to a change in price of another good? income elasticity of demand compared elasticity of demand revenue elasticity of demand cross-price elasticity of demand g
The cross elasticity of demand measures how the quality demanded of one good responds to a change in price of another good.
Cross elasticity of demand or cross-fee elasticity of call for measures the share exchange of the quantity demanded for a great to the proportion alternate inside the price of every other accurate, ceteris paribus.
Cross elasticity of demand for refers to the share alternate in the amount demanded of a given product due to the proportion alternate in the price of another "related" product. instance: the pass elasticity of demand of butter with recognize to margarine is zero.eighty one, so 1% growth inside the fee of margarine will growth the call for for butter by means of zero.81%. implies items are enhances. clients buy much less B when the charge of A will increase.
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3. bob owns a 2-acre parcel of land. he purchased 5 years ago to build his vacation cottage home when he retires next year. earlier this year the city of wander in an effort to control the rapid growth of the community and to maintain the country setting of the neighborhoods amended its existing zoning ordinance to limit the size of buildable lots to 4 acres. however, the ordinance did not modify the existing permission to place any size of rv or other mobile structure on city lands. bob filed for an application for a building permit with the city when he was told his request was denied due to the zoning requirements. bob contents that the zoning ordinance constitutes a deprivation of property without due process of law? is he correct? why or why not? please briefly explain your answers.
No. In this case, Bob is incorrect. The zoning ordinance does not constitute property deprivation without a proper legal process.
What is zoning ordinance?
A zoning ordinance, that also specifies the land use of build strong and even individual lots within a city block, is typically used to develop zoning regulations. Zoning regulations include lot size, density as well as bulk, tallness, and floor area ratio requirements (FAR). The zoning ordinance formalises the land-use policies that apply to land within a municipal government. It also establishes the legal framework. The zoning ordinance defines permitted land uses and differentiates between different types of land uses. It also guarantees that incompatible land use of are not located next to each other.
No. In this case, Bob is incorrect. The zoning ordinance does not constitute property deprivation without a proper legal process. The amended ordinance limits buildable lots to 4 hectares, but Bob only owns 2 acres of parcel land. On city property, any size RV or other portable structure is permitted. The city has the right to implement zoning laws and to amend them for the betterment of the community as long as it does not infringe on his freedom.
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a(n) is the difference between how much of an input was actually used and how much should have been used and is stated in dollar terms using the standard price of the input.
Answer:
Quantity Variance
Explanation: