In a certain economy, when income is $500, consumer spending is $375. the value of the multiplier for this economy is 5. it follows that, when income is $510, consumer spending is
The consumer spending would be $383
The formula to compute Multiplier and Marginal Propensity to Consume (MPC) :
= Multiplier = 1 / (1 - MPC)
where :
MPC = difference in consumption / difference in income
MPC = ΔC / ΔY
Consumption or Consumer Spending = C
Income or Yield = Y
We can now plug in the details in the formula
5 = 1 / (1 - MPC)
1 - MPC = 1 / 5
1 - MPC = 0.2
MPC = 1 - 0.2
MPC = 0.8
Now that we have MPC, the next step is to find the consumer spending (x).
MPC = ( X - 375 ) / ( 510 - 500 )
0.8 = ( X - 375 ) / 10
0.8 * 10 = X - 375
8 = X - 375
X = 8 + 375
X= 383
It therefore follow that when income is $510, consumer spending will be $383
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Blue Ice Inc. is an American corporation. The company started out as a _____ between Nick Selver and Rita Andrew in 1985. In 2001, the _____ decided to______ their company so they could sell company stock on the ____ . Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.
I believe the blank the other guy didn't know is "incorporate" but im not 100% sure
A(n) ________ includes how employees should react to security problems, whom they should contact, the reports they should make, and steps they can take to reduce further loss.
News channels (CNN, FOX, MSNBC, LOCAL NEWS) are best used for:
Research shows that men prefer to date women who are in ____ careers.?
In washington state, how often is a vessel owner required to renew their vessel's registration card?
In Washington State, vessel owner required to renew their vessel's registration card annually.
In most states, vessel owner required to renew their vessel’s registration card annually according to validity but there are some states where the rules are change. For example the time period of validity of vessel registration card in Indiana is 3 years, in Texas it is 2 years.
Incent has worked at the shadows restaurant for several years and in the restaurant industry for almost 30 years. he can't really explain it, but he "just knows" which applicants are the ones to hire. his intuition most likely comes from a high level of _____ that he has of the industry in general and this restaurant in particular. early training genetic knowledge tacit knowledge extraneous knowledge continual reinforcement
A cooling tower a. is controlled by a thermostat. b. cools water as it flows through pipes. c. cools water through insulation. d. causes thermal pollution.
A cooling tower is used to remove excess heat from water in power plants through evaporative cooling, helping to condense steam back into water and prevent thermal pollution of natural water bodies.
Explanation:A cooling tower is a structure that is used to remove heat from water in power plants, industrial facilities, and HVAC systems. Specifically, in power plants such as nuclear and coal-fired stations, the cooling tower facilitates the condensation of steam from the turbine back into water, which can then be reused in the steam cycle. Through the process of evaporative cooling, hot water from the system is cooled as it comes into contact with air in the tower, and water vapor is released into the environment. This is a crucial part of the plant's operation as it helps to manage the temperature of the water and prevent thermal pollution, which is the release of heated water back into natural bodies of water, potentially harming the ecosystem by reducing dissolved oxygen levels and raising the water temperature.
1. What is the role of the franchiser when a franchise is purchased?
2. List three advantages of buying an existing business.
3. Imagine that you want to open a doggy-daycare business. Give an example of a human risk, a natural risk, and an economic risk associated with opening this business.
4. Using your answers from the previous question, give one way to manage or lessen the risk you identified.
5. Explain why starting a business from scratch is more difficult than purchasing a franchise, buying an existing business, or joining a family business.
The franchiser provides the franchisee with a proven business model and support. Buying an existing business offers advantages such as an existing customer base and trained employees. Owning a business entails various types of risk that can be managed through insurance, planning, and savings. Starting from scratch is harder due to the lack of a proven business model and customer base.
Explanation:The role of the franchiser when a franchise is purchased is to provide the franchisee with a proven business model, including training, guidance, and support. They often provide resources for marketing and advertising as well.
There are several advantages to buying an existing business. Firstly, it has a provable track record of success. Secondly, it has an existing customer base. Finally, it has skilled and trained employees already in place.
If you want to open a doggy-daycare business, there are several risks you need to consider. A human risk could be an injury to a pet or employee. A natural risk might be a hurricane or flood that damages your facilities. An economic risk could be a recession, leading to less demand for dog daycare services.
To mitigate these risks, you might consider taking out insurance coverage, developing a business continuity plan, and putting aside savings for periods of economic downturn.
Starting a business from scratch is more difficult than purchasing a franchise, buying an existing business, or joining a family business because it lacks a proven track record, established business model, and potentially loyal customers.
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A store asked 250 of its customers how much they spend on groceries each week. the responses were also classified according to the gender of the customers. we want to study whether there is a relationship between amount spent on groceries and gender.
The cost of making a shirt is half of what the shirt normally sells for. today, however, the shirt is on a 15% discount from its normal price. what is the current price of the shirt?
Normal price represents the average price of the product by considering its cost of production and profits. The current price represents the final prices after any tax or deductions.
The discount is given as 15%. It would give the normal selling price to be x. Therefore, the cost of making the short would be, [tex]\frac{x}{2}[/tex].
The selling price after the given discount would be computed as below:
[tex]x(1-\frac{15}{100} )\\=\frac{85x}{100}[/tex]
[tex]\frac{85x}{100} *\frac{2}{x} \\=1.7[/tex]
Hence, at a discount of 15%, the shirt would be sold at 1.7 times the production cost of the shirt.
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Eckert company is involved in producing and selling high-end golf equipment. the company has recently been involved in developing various types of laser guns to measure yardages on the golf course. one small laser gun, called littlelaser, appears to have a very large potential market. because of competition, eckert does not believe that it can charge more than $86 for littlelaser. at this price, eckert believes it can sell 120,000 of these laser guns. eckert will require an investment of $12,000,000 to manufacture, and the company wants an roi of 18%. determine the target cost for one littlelaser.
We can solve this problem by first calculating for the total cost and the total revenue. Then the difference of the total revenue and total cost would be the profit or return on investment.
Profit = Total revenue – Total cost ---> 1
First, calculating for the total revenue:
Total revenue = $86 * 120,000
Total revenue = $10,320,000
Second, calculating for the total cost:
Total cost = X * 120,000
where X is the target cost for one littlelaser
It was stated that the company wants a return of investment of 18%, therefore the profit must be:
Profit = 0.18 * $12,000,000
Profit = $2,160,000
Substituting to equation 1:
$2,160,000 = $10,320,000 - X * 120,000
X = $68
Therefore the target cost is $68
The target cost for one littlelaser is $10,169,491.53.
Explanation:The target cost for one littlelaser is the cost that Eckert needs to achieve in order to meet its desired return on investment (ROI). In this case, Eckert wants an ROI of 18%. The formula to calculate the target cost is:
Target Cost = Total Investment / (1 + ROI)
So, in this case, the total investment is $12,000,000 and the desired ROI is 18%. Plugging these values into the formula:
Target Cost = $12,000,000 / (1 + 0.18) = $10,169,491.53
Therefore, the target cost for one littlelaser is $10,169,491.53.
Why would you be a great candidate for taco bell?
Please find the current assets and liability
True or false the texas legislature is classified as highly professional, the highest level of institutionalization.
Among the costs of integration for states is __________.
The nations of tweedle-dee and tweedle-dum do not trust each other. tweedle-dee is convinced that if it lowers its trade barriers, tweedle-dum will not lower its barriers. therefore, tweedle-dee keeps its trade barriers high. this is an example of the ________ argument in favor of protectionism. national security threat of retaliation infant-industry cheap foreign labor absolute advantage
The situation between Tweedle-dee and Tweedle-dum exemplifies the threat of retaliation argument, where Tweedle-dee maintains high trade barriers fearing that Tweedle-dum will not reciprocate if they lower their own.
The situation described between the nations of Tweedle-dee and Tweedle-dum reflects the threat of retaliation argument in favor of protectionism. This argument is based on the concern that if one country lowers its trade barriers, the other may not reciprocate, leading to a one-sided advantage. The scenario does not align with the national security argument, which is focused on protecting industries crucial for a nation's defense, nor does it directly relate to infant-industry considerations, which are about nurturing and protecting young domestic industries from international competition until they can compete on their own.
The threat of retaliation argument supports maintaining high trade barriers as a precaution against potential non-cooperation from another nation. In the case of Tweedle-dee, the fear that Tweedle-dum will not lower its barriers as well prompts Tweedle-dee to keep its own barriers high to preserve its domestic market.
________ is the practice of taking a significant activity within the organization and contracting that activity out to an independent party.
An apparel designing company is planning to enter the women's trousers market. they are in the process of developing a product that will appeal most to customers. the part-worths for each of the attribute levels obtained from an initial customer survey and the subsequent regression analysis can be used to determine the
Good designs offer users as many alternatives as possible
a. True
b. False
A piece of equipment costs $1.2m. the equipment has a useful life of 4 years. in each of the four years, the investment generates a cash inflow of $0.5m. the impact of the investment project on net income is derived by subtracting depreciation from cash flow each year. assuming the equipment is depreciated on a straight-line basis over 4 years, what is the average contribution to net income across all four years
What factors caused american business to develop into a mixed economic system rather than some other type of economic system?
The economic system in the USA is rooted in the Laissez-Faire capitalism of Adam Smith. However, the real-world setting in the US is not as Laissez-Faire as Smith would have liked because the government greatly participates as more than umpire and rule maker. The government take part in American Business by way of resource or product markets, interest, and especially taxes which results in making the American business progressed into a mixed economy, showing both elements of capitalism and socialism.
Other factors such as foreign competition, the Great Depression, World Wars I and II, and the increasing age of population have also contributed to the mixed economic system.
Answer:
The Great Depression
Explanation:
The shrinking size of the globe, the intervention of foreign competition, the Great Depression, World Wars I and II, and the ever-increasing age of our population (among other factors) have contributed to our mixed economic system.
Each language possesses a structure which must at some level influence the way its users view the world.
A vendor allows a 2% discount if an invoice is paid within 10 days. a purchase was made for $5,000 on june 10 and paid on june 19. how much should the check have been?
You are driving in stop-and-go traffic during the daytime, someone in another vehicle tells you that your break lights are not working. You should look for a service station, do all your breaking very gently, And
One should look for a service station, do the breaking very gently and drive with the window open and use your hand signal when you slow down or stop.
When the break lights are not working, it means that the light signal are does not work with the pressing of the brake pedal.
In conclusion, in this case, one should look for a service station, do the breaking very gently and drive with the window open and use your hand signal when you slow down or stop.
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The unequal distribution of wealth, income, power, and poverty is called
The answer to this question is social inequality. Social inequality is the unequal amount of opportunity and reward that is given to a person depending on their race, gender, age, or class. Social inequality can be categorized into 5 types such as political inequality, income inequality, life inequality, inequality of membership, and inequality of treatment.
At the company picnic there were two teams for tug of war. from their starting positions team a pulls team b forward 3 meters, and are then pulled forward themselves 5 meters. team b then pulls team a forward 2 meters. if the first team is to be pulled forward 10 meters loses, how many more meters must team b pull team a forward to win?
In order for Team B to win, they need to pull Team A forward by a total distance of 10 meters. Since Team B already pulled Team A forward by 10 meters, they don't need to pull them any further.
Explanation:To determine how many more meters Team B must pull Team A forward to win, we need to calculate the total distance that each team pulls the other forward. From the information given, Team A initially pulls Team B forward by 3 meters. Then, Team A is pulled forward by 5 meters. Finally, Team B pulls Team A forward by 2 meters. So, the total distance that Team B pulls Team A forward is 3 + 5 + 2 = 10 meters. Since Team A loses when it is pulled forward by 10 meters, Team B doesn't need to pull Team A forward any more to win.
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Please list all technical and software knowledge and skills:
The difference between the willingness to sell a good and the price a producer receives is also known as:
If you are required to show proof of financial responsibility for the future, for how many years must the proof be kept?
The proof of financial responsibility might need to be kept for a minimum of three to five years, depending on specific circumstances and jurisdiction. This demonstrates potential capacity to cover damages, or financial stability to creditors.
Explanation:The requirements to demonstrate financial responsibility can vary largely based on the context. However, in certain cases, such as auto insurance, one might need to maintain and show proof of financial responsibility usually for a minimum of three years. Some states may require five years or more. This is usually to verify that you have the resources to cover damages if you're involved in an accident. It can also demonstrate to potential creditors, landlords, or others requiring such proof, your financial stability over time. Remember this can change based on the specifics of the situation.
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