Suppose that the cross price elasticity of demand between good X and good Y is minus−1.55. This indicates that the two goods are

Answer:

GeoTagging

Explanation:

The type of technology used is Geotagging which refers to the process of adding geographical identification metadata to various types of media such as geotagged photograph or videos, websites, SMS Messages, QR Codes or RSS Feeds and is a form of geospatial metadata.

This data usually consists of latitude and longitude coordinates, though they can also include altitude, bearing, distance, accuracy data, and place names, and perhaps a time stamp. Geotagging can help users to find a wide variety of location-specific information from a given mobile device.

For instance, someone can find images taken near a given location by entering latitude and longitude coordinates into a suitable image search engine. Geotagging-enabled information services can also potentially be used to find location-based news, websites, or other resources

Geotagging can tell users the location of the content of a given picture or other media or the point of view, and conversely on some media platforms show media relevant to a given location.

Answer:

C. Total cost per unit times mark-up percentage per unit

Explanation:

The mark-up percentage is assumed to be computed by dividing the desired profit by the total cost.

The dollar amount of the mark-up per unit shall be computed by multiplying the total cost per unit with the markup percentage per unit.

The selling price of the product can be computed by adding the mark-up per unit to the cost price of each unit.

The correct calculation to determine the dollar amount of the mark-up per unit is to multiply the total cost per unit by the mark-up percentage per unit.

To calculate the dollar amount of the mark-up per unit, you need to multiply the total cost per unit by the mark-up percentage per unit.

The correct calculation is Option C, Total cost per unit times mark-up percentage per unit.

For example, if the total cost per unit is $10 and the mark-up percentage per unit is 20%, the mark-up per unit would be $10 x 0.20 = $2.

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Answer:

a. the discount window or the term auction facility

Explanation:

The discount window is an instrument of monetary policy usually controlled by central banks of the nation that allows eligible institutions to borrow money from the central bank, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions.

Term Auction Facility (TAF) is the same as discount window since the eligible collateral for loans is the same for both.

Answer:

A) True

Explanation:

The most common way to control the cost of labor in services is to reduce overtime costs since overtime work is paid at a much higher rate (1.5 times normal wage per hour).

You can reduce overtime work by having a flexible labor force that can deal with changing customer demand.

Based on Brenda's reaction to Jim's instructions, we can infer that d. Brenda has not violated any fiduciary duty.

The Fair Housing Act of 1968 prohibits one from discriminating against people with children when it comes to renting houses.

If Brenda had listened to Jim's instructions, Brenda would have been in violation of federal laws which would have meant a violation of fiduciary duty.

In conclusion, Brenda did not violate her fiduciary responsibility so option D is correct.

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Final answer:

Brenda could be liable for a breach of the listing contract terms.

Explanation:

The correct statement is c. which states that Brenda could be liable for a breach of the listing contract terms. In a real estate transaction, the agent has a fiduciary duty to act in the best interests of the client and follow their lawful instructions. However, fair housing laws prohibit discrimination based on familial status, which includes families with children. By refusing to market the home to families with children, Brenda would be in violation of fair housing laws and the terms of the listing contract, potentially making her liable for legal action.

Answer: cross price elasticity of demand

Explanation:

The cross price elasticity of demand measures the changes in quantity demanded of one good when the price of another good changes.

Substitute goods are goods that can be used instead of another good e.g. coke and pepsi. The cross price elasticity for substitutes is usually positive because an increase in price of one good increases the quantity demanded of the other good.

Complementary goods are goods that have to be consumed or used together. E.g. car and gas. The cross price elasticity for complementary goods are usually negative because an incease in price of one good leads to fall in the quantity demanded of the other good.

I hope my answer helps you

Answer:

(D) A and B only

Explanation:

Two other plausible stories that could shift the demand for newspapers to the rights are:

A: If income levels are rising (and given that newspaper is a normal good). Due to this reason, we would expect more people in Baltimore who before now, were not buying newspaper due to their low income, to begin to buy, thus shifting the demand curve to the right.

B: fewer substitute. When the populace have no viable alternative to get news daily, more people are likely to buy newspaper, thus shifting the demand curve to the right.

Option C is incorrect as a shrinking population will translate to reduced demand resulting in a shift of the demand curve to the left.

Final answer:

The demand curve for newspapers in Baltimore shifts right if income levels rise and if there are fewer substitutes for newspapers, but not due to a shrinking population. Therefore, the correct answer is D. A and B only.

Explanation:

Two plausible stories that would result in the demand curve for newspapers in Baltimore shifting to the right are:

On the contrary, a shrinking population would likely lead to a decrease in demand, thus shifting the demand curve to the left, as there would be fewer people to purchase newspapers. Therefore, the correct answer to which scenarios would cause a rightward shift in the demand curve for newspapers in Baltimore is D. A and B only.

Answer:

Colortrigon's income will increase by $30,000 if the order is accepted.

Explanation:

Revenue = $15 per box x 6,000 boxes =                             $90,000

minus direct materials = $6 per box x 6,000 boxes =        ($36,000)

minus direct labor = $2 per box x 6,000 boxes =               ($12,000)

minus variable overhead = $2 per box x 6,000 boxes =    ($12,000)

increase / decrease originated from special order = $90,000 - $36,000 - $12,000 - $12,000 = $30,000

Fixed costs are not included in calculating differential revenue from special orders.

Answer:

Correct answer is (C)

Explanation:

Lack of control over pricing strategy.

Foreign-based independent distributors otherwise known as overseas distributors are responsible for buying your goods and selling to them to overseas market and in turn you may lose control of the way your products are marketed, priced and sold.

Answer:

Yes, the spin off was successful.

With the major segments of fast food being sandwich chains, pizza chains, family restaurants, dinner houses, chicken chains, and more each Yum restaurant needed to be placed into their own niche. They also started using multi-branding and putting the brands in the same building. This allowed one location to draw in a more diverse crowd of consumers while offering them more variety and covering the other brands weak points.

Reason for their success.

PepsiCo, when spinning off these fast food chains, openly stated “restaurants weren't our schtick.” I.e the company presented themselves themselves to media that restaurants isn't focus. Before the spin off KFC, Pizza Hut, and Taco Bell often acted as their own entities and competed with each other resulting in lowered sales for all of the restaurants. With the spin off of Tricon the restaurants were unified with the sharing of many resources and using their collective clout, as one of the top five brands, to get better deals on ingredients all the restaurants share. Their concentrated focus allows them to be greatly effective in entering new markets such as Asia

d. 57% and 5.1%

Explanation:

Labor force participation:

Total population above 25 years: 62.2  million

Employees              :  33. 7 million

Unemployed:     : 1.8 million

labor force = employed + unemployed

=33.7 + 1.8 million = 35. 5 million

percentage of labor force= 35.5/62.2 x 100

        = 57.0739

                                            =57%

percentage of unemployed= unemployed/labor force x 100

           = 1.8/35.5 x 100

      =5.07

                                                 =5.1 %

Answer:

More supply of calzones

Explanation:

The increase in the price of calzones has resulted in an increase in the supply of calzones. The company can produce either pizzas or calzones; the increase in the supply of calzones will decrease the supply of pizzas. Overall, price and supply have a positive relationship which is why the increase in prices has increased the supply of calzones.

Final answer:

The increase in the price of calzones prompts a frozen food manufacturer to produce more calzones and fewer pizzas, demonstrating the concepts of elasticity of supply and how businesses adjust production in response to market changes to maximize profits.

Explanation:

The question centers around economic concepts related to supply, demand, and how changes in price affect production decisions in a business setting. When the price of calzones increases, the frozen food manufacturer decides to produce more calzones and fewer pizzas. This decision is likely due to the increase in potential profit margins from calzones, which now have a higher selling price. In economic terms, this is a classic example of how businesses respond to changes in market conditions to maximize their profits. The manufacturer shifts resources from pizza production to calzone production in response to the price change, a concept known as elasticity of supply.

The situation is an application of microeconomic principles, specifically focusing on how individual businesses make production decisions based on changes in the market. As the price of calzones increases, the marginal revenue from selling calzones becomes more attractive compared to pizzas, prompting the manufacturer to adjust its production lineup to enhance profitability.

Answer:

The correct answer is the option A: positive.

Explanation:

First of all, the term of externality, in the field of economics, refers to the cost or benefit that a third party receives from the interaction of other two parties that established relations between them. This concept allegates that the interaction between the two main parties creates a consequence that affects the third party, that consequence could be a cost or a benefit and that is, negative or positive.

Secondly, a positive externality is the benefit that a third party receives from the interaction between two main parties.

Finally, in that case where many individuals have a benefit regarding the education strongly subsidized by the taxpayers is a commonly case of positive externality.

Answer:

e. All of the above

Explanation:

All options are possible certainly. The unions have the right to ask the employees to participate with the expectation that entitlement may follow from the study results. The study results are certainly going to ensure entitlement. Also, the employer might encourage or deny the participation of the workers as this is management work. It is on the employer that he allows or denies the employee from taking part in the meeting. Also, the employee might be pressurized by the management to take part in the study as the employer perceives the study are advantageous to the organization. This is a certainty as well, an employer might see profit in this. And the studies will affect the employee's pay, benefits as well as the promotion potential. The meeting is certainly going to increase employee's pay as well as provide him various benefits, and there are chances of promotion as well. Hence, all the options are correct.

Marshall Manufacturing has adopted an integrated marketing communication system .

Option C

Explanation:

The main aim of an organisation is to have an effective communication channel to enhance their profit by adopting to an effective system.

For such effective system the organisation can make use of a model called Integrated marketing communication system this will organise and integrate all the promotional strategies of marketing and communicating to the end user.

This is a long process wherein the brand awareness will be created among the general customers at a low cost. This is also abbreviated as IMC which utilize numerous channels to communicate the campaign messages.

This campaign boost the efficiency of marketing activities that are used to convert strangers into prospects and prospects into customers.

Answer: Walk facing opposite direction of the traffic coming in from the left hand side of the road.

Explanation:

If a pedestrian is walking on a road with no pedestrian sidewalks, the pedestrian needs to walk facing the incoming vehicles.

The pedestrian should be on the right side of the road, facing the vehicle coming in from the left.

Answer: Maryann needs to develop a strong change management plan in order for this process to be accepted

Explanation: Change management involves all the processes in transitioning from a known system to a desired future system in an organisation.

Since Maryann is looking to implement a new release of information (ROI) tracking system, a change management plan is the best tool to develop.

Answer:

A. can be either positive or​ negative, depending on the statistical discrepancy.

Explanation:

The balance of payments is a tool in international trade that demonstrates the financial transaction made by a particular country with foreign countries. It i most often includes export, import and transfer payments.

Theoretically, it should be zero as a country's assets should equal the liabilities. However, in practice, that is not always the case, as the country's debits and credits can create a discrepancy in the balance of payments, which creates a surplus or deficit.

Final answer:

The balance of payments is a record of a country's transactions with the rest of the world which is always in balance, as deficits or surpluses in the current account are offset by the capital account.

Explanation:

The balance of payments is a comprehensive accounting record of all transactions between the residents of a country and residents of foreign countries over a particular period. The correct answer to the student's question is D.

The balance of payments is always zero because it includes not just the current account, which accounts for trade in goods and services, but also the capital account, which includes investments and loans. Any imbalance in the current account is offset by a corresponding surplus or deficit in the capital account, ensuring the overall balance.

For example, if more monies are flowing out of the country to pay for imports, the current account becomes more negative or less positive — this is a deficit. Conversely, if more money flows into the country, say from exports or investments, the current account becomes less negative or more positive — a surplus. Thus, when discussing the balance of payments, it's important to understand that any deficit or surplus in the current account is balanced by a corresponding surplus or deficit in the capital account.

In summary, the balance of payments is always zero, reflecting the economic reality that every financial outflow must be matched by an inflow of equal value, whether it's goods, services, or capital movements. This understanding demystifies the concept of a 'favorable' or 'unfavorable' balance of payments, as these terms only make sense when looking at individual components, such as the current account or capital account, in isolation.

Answer: (D) Crowd-sourcing

Explanation:

 The crowd-sourcing is basically refers to the sourcing model that allow the business for performing various types of tasks fastly as compared to the individual employee.

The crowd-sourcing is one of the efficient method for doing work as it divided the project into the different parts and then distribute the responsibility according to the employee skills and capability for performing various types of function and tasks.

It is basically developed for generating various types of ideas for develop the new products and the services in an organization. Therefore, Option (D) is correct.

Answer:

$32,432

Explanation:

Cash balance per cash book                                 $32,300

Bank service charge                                                        (15)

Returned check                                                               120

Correction of Deposit                                                      27

Adjusted cash balance per general ledger            32,432

The bank charge will be recognized as a credit in the cash account. The returned check had been credited before and will be debited back to reverse the earlier treatment.

Additional deposit of $27 will be recognized in the books being the difference between $258 that had been recognized and $285 the actual amount.

The outstanding checks of $1,800 will not be adjusted for as the transactions are valid.        

Answer:

The correct answer is economic of scale.

Explanation:

Economies of scale refers to the situation where, as the quantity of output goes up, the cost per unit goes down.

This is due to fact that fixed cost allocated to unit decrease with increase in production. In other words fixed cost is fixed in total but variable per unit and variable cost is fixed per unit but variable in total.

For example a company produce product A having variable cost of 10 dollars per unit and fixed cost of the company is 100 dollars. So if company produce one quatity of A than its total cost will be 110 dollars and per unit cost will be the same but if company produce two units of A its total cost will be 120 dollars but per unit cost will be decrease to 60 dollars. (120/2)

Answer:

1 = C

Urbanisation results in delocation of food production and consumption connections.

2 = E

Enculturation means learning culture specific preferences transfered from generation to generation.

3 = A

Globalisation enables products to travel long distances to other parts of the world.

4= D

Migration refers to the movement of people and populations from one region to another,

5= B

Modernization results in the production of food commodities through technological advances.

Given the rules for gift tax exclusions set forth by the IRS in the United States during 2017, the maximum amount that Barry and Mary could gift their descendants (3 children and 5 grandchildren) without incurring any gift taxes would amount to $224,000.

The subject in question concerns the gift tax exemption limits in the United States. In hindsight, the gift tax explains the maximum amount that Barry and Mary can give their descendants without having to pay for any gift taxes.

In 2017, according to IRS rules on annual gift tax exclusions, each individual was allowed to gift up to $14,000 to any number of individuals without incurring any gift tax. Given that Barry and Mary have 3 children and 5 grandchildren, that is a total of 8 individuals. Therefore, both Barry and Mary could each gift $14,000 to the 8 individuals, leading to a total of ($14,000 * 2 * 8) = $224,000 in gifts without incurring a gift tax.

Therefore, the total amount of estate removed from Barry and Mary's estate in 2017 if they made use of the maximum allowable gift tax exclusion would be $224,000.

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Barry and Mary can gift a total of $112,000 to their children and grandchildren in 2017 without any gift tax implications.

In 2017, the maximum allowable gift amount per person that could be given without incurring gift taxes was $14,000 per individual recipient. This means that Barry and Mary could each gift up to $14,000 to each of their children and grandchildren without triggering any gift tax liability.

Let's calculate the total amount Barry and Mary could gift without incurring gift taxes:

- They have 3 children and 5 grandchildren.

- Each child and grandchild can receive up to $14,000 from both Barry and Mary without gift tax consequences.

Total number of recipients = 3 children + 5 grandchildren = 8 recipients.

Maximum allowable gift per recipient = $14,000.

Total amount Barry and Mary can gift = Number of recipients × Maximum allowable gift per recipient

                                     = 8 recipients × $14,000

                                     = $112,000.

Therefore, Barry and Mary can gift a total of $112,000 to their children and grandchildren in 2017 without any gift tax implications.

Answer:

Performance Improvement Plan

Explanation:

A performance improvement plan is a structured document saying any ongoing performance problems together with the targets which a worker needs to maintain in order to restore the business's good standing (typically with a specific timeframe for achieving the plan).

Gina is failing to meet her coding benchmarks, so Stephen has to regulate her work.

When an individual is put on the performance improvement plan, the employer and Management are likely to meet you to go over it and respond to questions you might have.

Answer:

The $59 amount is credited to the seller

Explanation:

Since in the question, it is given that the HOA dues per month are $108 and the house is closed on May 15. And this HOA dues will pay on the first day.

So, in the given case, the calculation is presented below:

Since the house is closed on May 15 and as we know that in May month there are 31 days so, from May 15 to May 31 there are 17 days

So, for one day, the due is

= $108 ÷ 31 days

= 3.48

And, for 17 days, it will be $59 and the same is to be credited to the seller and debited to the buyer

Answer:

small; standardized; little or no

Explanation:

A perfect competition is when there are many firms in an industry selling standardised or identical goods and services. It is characterised by many buyers and sellers . Sellers have small market share because of the large number of sellers in the market. Prices are usually set by market forces. Sellers cannot influence the price their products sell for , therefore, they are price takers.

There is little or no need for advertising as all firms sell identical goods.

I hope my answer helps you.

Answer:

JOINT LIFE POLICY

Explanation:

When Larry dies, the property passes to Mary, rather than to the grantor or the grantor's heirs. This is a case of first-to-die joint life policy that pays to the surviving partner upon the death of the first.

It is assumed in the scenario that Mary must have been the wife of Larry, and the First-to-die Joint life policy holds that the estate of the partner that dies first should pass on the surviving partner.

Answer:

$7500

Explanation:

n this Circular Flow example ... if shifts in Supply and Demand (driven by ""choices"") change the ""Average Price"" to $3.00 then the total dollar value of Goods and Services produced would be $7500.

Answer: The correct answer is "A. rent the room because the marginal benefit exceeds the marginal cost.".

Explanation:  If the marginal cost of operating one room for one night is $30 and the customer is willing to pay $60 for the night, the hotel manager should rent the room because the marginal benefit exceeds the marginal cost.

The hotel manager should always rent the room while the marginal benefit is greater than or equal to the marginal cost.

Final answer:

The hotel manager should rent the room because the marginal benefit of $60 that the customer is willing to pay exceeds the marginal cost of $30 to operate the room for one night, thereby increasing the hotel's profit.

Explanation:

If the cost of operating a 100-room hotel for a night is $10,000 and there are 5 empty rooms for tonight, with the marginal cost of operating one room for one night being $30, and the customer is willing to pay $60 for the night, then the hotel manager should rent the room because the marginal benefit exceeds the marginal cost.

This decision is based on the marginal decision rule which suggests comparing the marginal cost to the marginal benefit. If the marginal benefit exceeds the marginal cost, the action will add to the firm's profit. In this case, the marginal cost is $30 and the marginal benefit, which is the price the customer is willing to pay, is $60. Therefore, renting the room would add $30 to the hotel's profit per room. This is similar to the way a firm would decide to hire an additional worker if the worker's contribution to revenue (marginal revenue product) is greater than the cost of hiring the worker (marginal factor cost).

Answer:

appreciated; depreciated

Explanation:

The dollar appreciates when there is an increase in the value of the dollar compared to others. In 2009 $1 U.S dollar could buy $0.89 Canadian dollars. Then, in 2010 $1 U.S dollar could buy $0.96 Canadian dollars. Therefore, the U.S dollar appreciated because $1 U.S dollar can buy more Canadian dollars.

The opposite happened with the exchange rate between the U.S dollar and the euro. From 2009 to 2010 the exchange rate decreased from 83.8 to 76.9. Then the U.S dollar depreciated: $1 U.S dollar can buy less euros.

In the given timeframe, the U.S. dollar appreciated against the Canadian dollar and depreciated against the euro. This is because an increase in exchange rate signifies the strengthening of the domestic currency, while a decrease indicates its weakening.

From June 2009 to June 2010, the U.S. dollar increased from $0.89 Canadian to $0.96 Canadian. This indicates that the U.S. dollar appreciated against the Canadian dollar because you could exchange one U.S. dollar for more Canadian dollars in June 2010 than you could in June 2009. Meanwhile, from January 2009 to January 2010, the U.S. dollar went from 83.8 euro cents to 76.9 euro cents. This indicates that the U.S. dollar depreciated against the euro because you would get fewer euros for one U.S. dollar in 2010 than you would in 2009.

In conclusion, when the exchange rate increases, it means one unit of the domestic currency is now worth more units of the foreign currency, therefore it is considered an appreciation of the domestic currency. Conversely, if the exchange rate decreases, that means one unit of the domestic currency is now worth fewer units of the foreign currency, symbolizing a depreciation of the domestic currency.

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