Answer:
False
Explanation:
Offer is the quantity of a product or service available for purchase. Demand is the amount of products or services that consumers are willing to buy.
When demand is higher than supply, product prices tend to rise as consumers are willing to pay more to get a particular item. On the other hand, when supply is higher than demand, prices tend to fall.
For this reason, we can conclude that if the demand for the airplane's aisle seats is greater than the demand for the middle seats; the price for the aisle seats will be higher than the price of the middle seats.
Classify the following topics as relating to microeconomics or macroeconomics.
A firm's decision on which production method to use
The effect of rent control on the housing market
The effect of an increase in income tax on national income
The effect of externality on the quantity produced by the market
A student's decision about how to allocate hi
Answer:
Microeconomics
A firm's decision on which production method to use.
The effect of rent control on the housing market.
The effect of externality on the quantity produced by the market.
A student's decision about how to allocate hi
Macroeconomics
The effect of an increase in income tax on national income.
The classification of the following topics that are related to microeconomics or macroeconomics is as follows:
When the decision of the firm is taken for the production method so it is microeconomics.When the control of the rent on the housing market is impacted so it is microeconomics.When there is an impact on the rise in the income tax on the national income so it is the macroeconomics. The impact of the quantity generated by the market on an external basis so it is microeconomics.The decision of the student with respect to the distribution of his time that lies between two subjects should be microeconomics.Therefore we can conclude that the above topics should be classified as microeconomics or macroeconomics.
Learn more about the decision here: brainly.com/question/12111899
To record a 6% stock dividend, accountants use ________. To record a 55% stock dividend, accountants use ________. A. par value per share; market price per share B. par value per share; par value per share C. market price per share; market price per share D. market price per share; par value per share
Answer:
Computers
Explanation:
They use computers these days.
Answer:
The correct answer is letter "D": market price per share; par value per share.
Explanation:
When a stock dividend represents less than 20 to 25% of the outstanding shares it is considered a small stock dividend since it does not have a bigger impact in the market value of the stock and is recorded at the market price. On the other hand, when a stock dividend is greater than 25%, it is considered a large stock dividend since may affect the market value of the stock and is recorded at par value.
Walter wants to deposit $1,500 into a certificate of deposit at the end of each ofthe next 6 years. The deposits will earn 5 percent compound annual interest. IfWalter follows through with his plan, approximately how much will be in his accountimmediately after the sixth deposit is made?
Answer:
$10,202.87
Explanation:
The balance will be the sum of a 6-term geometric sequence with first term 1500 and common ratio 1.05. The sum of such a sequence is given by ...
sn = a1(r^n -1)/(r -1)
We have a1=1500, r=1.05, n=6, so the sum is ...
s6 = 1500(1.05^6 -1)/(1.05 -1) = 10,202.87
Walter's account balance after the 6th deposit will be $10,202.87.
When a market is in equilibrium, the buyers are those with the ________ willingness to pay and the sellers are those with the ________ costs.
Answer:
Highest, Lowest
Explanation:
At March 1, 2017, Candy Inc. had supplies on hand of $2,000. During the month, Candy purchased supplies of $2,900 and used supplies of $2,800. The March 31 balance sheet should report what balance in the supplies account?
Answer:
The March 31st balance sheet should have $2100.
Explanation:
Candy Inc. had $2000 of supplies on hand. They purchased $2900 more.
Therefore at this time, Candy Inc. had a total of $4900 supplies. See below.
Total amount of supplies = supplies on hand + supplies purchased
Total amount of supplies = $2000+$2900
Total amount of supplies= $4900
They used $2800 in March. Therefore, the March 31st balance sheet should have $2100.
Balance=total amount of supplies-supplies used
Balance=$4900-$2800
Balance=$2100
Refer to the following distribution: Cost of Textbooks Frequency $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 What is the relative class frequency for the $25 up to $35 class?
The relative class frequency for the $25 up to $35 class is calculated by dividing the frequency of the class, which is 2, by the total frequency of all classes, which is 50. This gives us a relative frequency of 0.04 or 4%.
Explanation:The relative class frequency for the $25 up to $35 class is calculated by dividing the frequency of that class by the total frequency of all classes combined. To find the total, we add up all the frequencies for the given classes: 2 (25-35) + 5 (35-45) + 7 (45-55) + 20 (55-65) + 16 (65-75) = 50. Then, we calculate the relative class frequency for the $25 up to $35 class by dividing its frequency by the total frequency: 2/50, which simplifies to 0.04 or 4%.
Who did publisher Henry Luce credit with the provision of “the abundant life” in his blueprint for postwar prosperity, The American Century? a. Returning veterans. b. Labor unions. c. The Department of Defense. d. Free enterprise. e. The New Deal state.
Answer:
The correct answer is d. Free enterprise.
Explanation:
Henry Robinson Luce was known as an American publisher and journalist. They gave him the name of "the most influential private citizen in the America of his day". This magnate published what is called “The American Century.” “The American Century” also showed “the vision of America as the dynamic leader of world trade,” and this guy Henry Luce could not have fathomed any economic basis for national leadership besides “free enterprise.”
A strategic plan is primarily designed to:A. provide the answer to all the organization's problems.B. provide input to the strategy implementation stage of strategic management.C. improve a firm's profit margins.D. gain and sustain competitive advantage.E. improve an organization's returns.
Hello There!
A strategic plan is primarily designed to "gain and sustain competitive advantage."
2. You take $100 you had kept under your mattress and deposit it on your bank account. If this $100 stays in the banking system as reserves and if banks hold reserves equal to 10% of deposits, by how much does the total amount of deposits in the banking system increase? By how much does the money supply increase?
Suppose that next year the U.S. will be in one of the following economic conditions: Boom, Moderate Growth, Recession, or Depression. The probability that each economic condition will occur, and that a jewelry store will earn profits within that broader economic condition are listed below:
Economic Condition Probability Store Profits
Boom 0.4 $ 400,000.00
Moderate Growth 0.3 $ 300,000.00
Recession 0.2 $ 100,000.00
Depression 0.1 $ (500,000.00)
The expected profit of the jewelry store during the next year is?
Answer:
$ 320,000
Explanation:
The expected profit of the jewelery can be calculated by Hope, a statistical concept that consists of the sum of the product of each probability of exit of the experience by its respective value.
Thus, the expected profit of the jewelry store will be: $ 320,000
Hope [(0.4) x 400,000 + (0.3) x 300,000 + (0.2) x100,000 + (0.1) x 500,000)] = 160,000 + 90,000 + 20,000 + 50,000 = $ 320,000
The expected profit of the jewelry store during the next year is $320,000.
Further explanationSuppose that next year the U.S. will be in one of the following economic conditions: Boom, Moderate Growth, Recession, or Depression. The probability that each economic condition will occur, and that a jewelry store will earn profits within that broader economic condition are listed below:
Economic Condition, Probability, Store Profits
Boom, 0.4, $ 400,000.00 Moderate Growth, 0.3, $ 300,000.00 Recession, 0.2, $ 100,000.00 Depression, 0.1, $ (500,000.00)The expected value of a discrete random variable is the average of all possible values weighted by the probability of each outcome
A discrete random variable takes a finite set of possible values. For example, flipping a fair coin produces only two possible outcomes.
The expected profit for the store is sum of expected profit in each economic condition.
[tex] = (0.4* 400,000.00)+ (0.3* 300,000.00) + (0.2*100,000.00) + (0.1*500,000.00) = $22,000 [/tex]
Therefore the expected profit of the jewelry store during the next year is $320,000.
Learn moreLearn more about The expected profit https://brainly.com/question/3316979Learn more about Economic Condition https://brainly.com/question/11895611Learn more about Recession https://brainly.com/question/8395694Answer detailsGrade: 9
Subject: business
Chapter: economic conditions
Keywords: Boom, Moderate Growth, Recession, Depression, The expected profit
A cost estimation tool which is used to allocate money into an organization’s budget is known as a _____ estimate. a. ballpark b. budgetary c. rough order of magnitude d. definitive
Answer:
B. Budgetary.
Explanation:
They are used to do that because the range of variance could be from -10% to +20%.
Although this, it is not accurate enough to provide a solid basis for a firm commitment because it only represents an approximation of what is need to be done.
I hope this answer helps you.
Answer:
B
Explanation:
Budgetary is itemized, of expected income and expense for a given period in the future. a plan of operations based on such an estimate. an itemized allotment of funds, time, etc., for a given period.
Over the past 100 years, the level of government regulation of financial institutions and markets has ebbed and flowed or, as some economists might argue, has ebbed and flooded. Although the laws and regulatory agencies created by the government have various defined and not-so-well-defined goals, what, might you argue, is the single biggest benefit of government regulation?
Answer: the resulting trust and confidence in the financial institutions and markets derived by society.
The greatest benefit of government regulation of financial markets is to ensure market stability and integrity by protecting against fraud, enforcing contracts, and preventing market failures.
The single biggest benefit of government regulation might be argued to be the establishment and maintenance of market integrity and stability.
This is accomplished through various agencies like the Securities and Exchange Commission (SEC), which oversees exchanges and OTC markets, and the Federal Deposit Insurance Corporation (FDIC), which insures deposits and monitors financial institutions.
What form of arbritration refers to situations where local representatives agree to comply with the arbitraters decision before the proceedings?
Answer:
binding arbitration
Explanation:
Both parties agree to be bound by the decision of the arbiter and follow the recommendations/obligations stipulated by the arbiter at the end of the process.
That bound of the two parties makes it a binding arbitration.
As opposed to a non-binding arbitration where the result cannot be enforced onto the parties, a bit like a mediation. The result is more like a discussion starting point towards a negotiation of the end of the conflict.
Which of the following is true about corporate cultures?a. Corporate cultures are not influenced by the people comprising that organization.b. Corporate cultures are not subject to changes over time.c. Corporate cultures can hinder individuals in making the "right" decisions.d. Corporate cultures in a global firm differ significantly across different countries.
Answer:
Corporate cultures can hinder individuals in making the "right" decisions.-c.
Answer:
individuals in making the right decisions. yep got it right
Explanation:
What is productivity?
Answer:
Productivity refers to a measure of effectiveness of a person, machine, process, action, etc. The productivity can be found by comparing the average output and the total resources used (Money, time, material, energy, etc).
For example, a person that takes 1 hour fixing a car is way more productive than a person that fixes the same car in 10 hours.
Another example could be, a factory that produces 50 plastic glasses in 3 minutes is way more productive than a factory that produces the same amount of plastic in an hour.
As mentioned before, you can measure productivity not only against time, but also against all the material used, the energy, money etc.