Answer:
B,C,D
Explanation:
Plumbers
Electricians
Refrigeration Specialists
models of competitive markets are helpful in understanding real-world markets. to help you to better understand competitive markets, it is important to understand economic efficiency. sort the descriptions below into whether they are characteristics of productive or allocative efficiency.
Productive efficiency focuses on the cost of production while allocative efficiency focuses on the distribution of the products.
In economics, the efficiency or productivity of a business is classified into two types:
Productive efficiency.Allocative efficiency.These two types of efficiency focus on different aspects of production and selling goods and services.
Productive efficiency: This type implies producing goods at the lowest cost possible. This means:
Avoiding unnecessary costs.Controlling costs when the number of units increases.Allocative efficiency: This type implies selling or allocating the products in society. This means:
Considering the maximum amount the customer can pay for a product (marginal benefit).Making the cost of production equal to the marginal benefit.Note: This question is incomplete because the statements that need to be classified are not provided; due to this, I answered the question based on general knowledge.
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if firms can set appropriate service criteria, train employees to meet and exceed those criteria, and measure service performance, they generally can close the ________ gap.
If firms can set appropriate service criteria, train employees to meet and exceed those criteria, and measure service performance, they generally can close the Performance Gap.
This is because the Performance Gap is a type of gap that arises when there is a difference in the performance of the employees against the employer's expectation.
It is often described as the difference between the current service situation and the intended service situation.
Many things or factors can cause a performance gap; some of the major factors that lead to the performance gap include the following:
Inadequacy of job knowledge. Amending job requirements. Inadequacy of understanding of the role due to improper hiring.Hence, in this case, it is concluded that closing the performance gap can make employees meet and exceed the appropriate service criteria of the firm.
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Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card. What is Keisha’s net worth?
$88,700
$91,700
$292,700
$496,700
Answer:
$88,700
Explanation:
Given:
Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.
She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.
Hence, The net worth of Keisha is $88,700
Answer:
Answer:
$88,700
Explanation:
Given:
Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.
She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.
Hence, The net worth of Keisha is $88,700
Explanation:
The production function gets flatter, while the total cost curve gets steeper due to the fact that Group of answer choices at lower levels of production firms require more inputs to increase production by the same amount as compared to higher levels of production. at higher levels of production firms require more inputs to increase production by the same amount as compared to lower levels of production. at higher levels of production firms require less inputs to increase production by the same amount as compared to lower levels of production.
The production function gets flatter, while the total cost curve gets steeper due to the fact that C. at higher levels of production firms require less inputs to increase production by the same amount as compared to lower levels of production.
The production function shows the relationship that exists between the inputs and the outputs during the production of a product.
It should be noted that diminishing marginal product is vital for explaining why the increase in the output of a firm results in the production function getting flatter. Also, the total curve becomes steeper.
Therefore, at higher levels of production, firms require fewer inputs to increase production by the same amount.
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You are a manager of a water park. Customers
have been complaining about the long lines and
discourteous service they have been receiving
from employees. To close the customer service
gap, write 3 things that employees can do to
offer better customer service.
I. Have the employees be more observant of customer needs and lines.
II. Ask customers how they are doing at the park and if they have questions.
III. Welcome customers in to every ride, booth, and every other entertainment at the park.
What else can a digital wallet be used for?
Answer:
Explanation:
Digital wallets can be used in conjunction with mobile payment systems, which allow customers to pay for purchases with their smartphones. A digital wallet can also be used to store loyalty card information and digital coupons.
which of the following are NOT needed to calculate cost of goods sold
a. purchases and wages
b. purchases and salaries
c. wages and closing stock
d. wages and salaries
the shape of the product life cycle for the natural and organic confectionary product category indicates a short introductory stage, relatively quick growth stage, and a projected lengthy maturity stage. given this information, justin’s knows it must lock in distribution quickly since competitors will likely be following quickly. what type of products are natural and organic confectionaries?
Answer:
low-learning products
Do you guys know any specific issues that affect businesses?? If so please name any!!! It’s urgent :)
political - For example, new legislation
economic - For example, inflation and unemployment
social - Changes in taste and fashion or the increase in spending power of one group, for example, older people
technological - For example, being able to sell goods online or using automation in factories
environmental - For example weather conditions affecting sales or production and growing interest in being ‘green’ , for example by recycling
competitive - The impact of a rival firm which may have a similar product or which may lower its prices.
BBC Bite Size.
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the pool of free labor grew during the post-revolutionary period. identify the reasons for this growth.
There was a growth of free labor around the post-revolutionary period, this is as a result of Increased numbers of non - indentured immigrants that comes from Europe.
The post-revolutionary period can be regarded as the period that comes after the Revolutionary War, and it brought about alot of change such as end of of monarchical rule, and coming forth of religious fragmentation and economic flux.This era, there was a pool of free labor as a result of the movement of non - indentured immigrants that comes from Europe which added to the indentured servants which are already outliving their terms of required labor.Therefore, the non - indentured immigrants brought about increased labor.
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Walmart is the biggest seller of raw chicken to the top 10 fast food chains in the United States. Walmart
purchases all its raw chicken from Germany. The United States is upset with Germany for Human Rights
Violations and has created___________
thus preventing Walmart from purchasing any products,
including raw chicken from Germany,
A.Embargo
B.Globalization
C.Absolute Advantage
Answer: Embargo
Explanation:
Look the definition up. It’s where you stop trade from another country I believe
How does your credit score impact the personal loan options you have
available?
(Put the correct answer )
Answer:
bad credit score would negatively affect your loan options because the bank won't see you as someone who can pay it back on time
In Europe, schoolchildren devote time during each school day to calisthenics. North American schools rarely offer a daily calisthenics program. Tests prove that North American children are weaker, slower, and shorter-winded than European children. We must conclude that North American children can be made physically fit only if they participate in school calisthenics on a daily basis. Which one of the following is assumed in the passage?
a. All children can be made physically fit by daily calisthenics.
b. All children can be made equally physically fit by daily calisthenics.
c. Superior physical fitness produces superior health.
d. School calisthenics are an in indispensable factor in European children’s
e. North American children can learn to eat a more nutritious diet as well as to exercise daily.
Answer:
ummmm...
Explanation:
What is advertising?
Explanation:
the activity or profession of producing advertisements for commercial products or services.
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The garment industry is an example of which type of production?
Answer:
What are the different production systems used in the garment industry?
Mostly used production systems in the garment industry are as follows.
Make Through System. ...
Progressive Bundle System. ...
Section Production System. ...
Modular Production System. ...
One Piece Flow System. ...
Overhead Production System (UPS -Unit Production system)
Explanation:
i think might help
identify characteristics of notes payable that are not common to accounts payable.
Notes payable and Accounts payable are both used to represent the obligations that a company has to an entity. They are however different in certain ways such as:
Payment period Conversion Entities owedThe following are differences between notes payable and accounts payable:
Payment period - Accounts payable are to be paid in less than a year whereas Notes payable can either be less or more than a year. Conversion - Accounts Payable can be converted to a notes payable if the company is unable to pay them off in time. A Notes payable on the other hand, cannot be converted to an Accounts payable. Entities owed : Accounts payables are owed to suppliers of the company but Notes payable are owed to financial institutions.In conclusion, notes payables and accounts payables have several differences.
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What is a benefit for working in the modern manufacturing industry?
a
Competitive salaries
b
No skills needed for entry-level positions
c
Simple technology that is easy to use
d
Repetitive responsibilities
Answer:
a. competitive salaries
Competitive salaries are a benefit for working in the modern manufacturing industry. Hence, option A is correct.
What is modern manufacturing industry?Modern manufacturing industries can be defined as the making of finished goods from raw materials.Workers in the modern work together to solve problems by producing high-quality goods.
Manufacturing is the process of creating new goods from components or raw materials. Automotive businesses, bakeries, shoemakers, and tailors are all examples of manufacturing because they all produce goods rather than provide services.
Boost the effectiveness of your company's systems. Streamline the interactions you have with suppliers and clients. boost the production process's speed, adaptability, and effectiveness. broaden the range of possible outputs.
Thus, option A is correct.
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what is the source of income for the four sectors of the economy
Answer:
Consumer, Investment, Government, and Foreign.
Explanation:
Consumer:
Personal disposable income
Investment:
Retained earnings
Government:
Indirect business taxes, Corporate income taxes, Social Security contributions, and Individual Income taxes.
Foreign:
No specified source of income but is instead represented by the difference in goods sent abroad and goods purchased from abroad.
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Which of the following is true for the federal government budget each year?
The federal government budget each year is considered to run from October 1 of one calendar year through September 30 of the next.
The federal government budget in the United States each covers three major spending categories.
These spending categories include the following:
The federal agency funding: this is often referred to as "discretionary spending."Interest on the debt: a maximum of 10% of the total funding.Funding for Social Security: this is often referred to as Mandatory spending. It covers activities like Medicare, veterans benefits, etc.Hence, in this case, it is concluded that the federal government budget each year is used to run the country's affairs.
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Select the correct answer.
Which technique helps you become more resourceful?
A.
looking at current trends
B.
looking for perfect solutions
C.
thinking like a child
D.
thinking more logically
Answer:
Thinking more logically
Answer:
it isnt think logically
Explanation:
which market structure is defined by a single producer?
Answer:
Monopoly. A condition that has none of the requirements for a competitive market such as adequate competition, knowledge of prices and opportunities, mobility of resources, and competitive profits is called a(n)
Explanation:
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Which interest rate will earn the largest return on $1,000?
A. Simple interest at 5 percent
B. Simple interest at 3 percent
C. Compound interest at 3 percent
D. Compound interest at 5 percent
Answer: A
Explanation:
painting expenses is debit or credit
Answer:
Debit
Explanation:
If its not a house or a big invesment into a buisness it is debit
Juno Co. purchased a machine for $10,000 and estimates it will use the machine for three years with a $2,000 salvage value. It expects to produce a total of 8,000 units as follows: 3,000 during year one; 2,500 during year two; and 2,500 during year three. Using the units-of-production depreciation method, compute the machine's first year depreciation expense.
The machine's first year depreciation expense is $3000.
The units-of-production depreciation method is a depreciation method where the depreciation expense of an equipment depends on the units of a product produced in a given period.
Deprecation expense = (total units produced in year 1 / total units that the machine can produce) x (cost of the asset - salvage value)
Deprecation expense in the first year
(3,000 / 8,000) x ($10,000 - $2,000)
0.375 x $8,000 = $3000
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what is the first step to developing your marketing mix?
Answer:
Step 1: Document Your Business Goals and Budget. ...
Step 2: Conduct A SWOT Analysis. ...
Step 3: Identify Your Target Personas. ...
Step 4: Develop Your Marketing Goals. ...
Step 5: Build Your Activity Plan.
What are the effects of unanticipated deflation? Multiple select question. The real incomes of people with fixed nominal incomes will increase. The purchasing power of savings will increase. The real value of fixed-monetary assets will decline. Creditors will benefit at the expense of debtors.
Unanticipated deflation involves the sudden decrease in the prices of goods and services .The effects of unanticipated deflation include
The purchasing power of savings will increaseCreditors will benefit at the expense of debtors.The real value of fixed-monetary assets will declineThe purchasing power of savings will increase as the prices of goods and services has reduced thereby giving rise to buying more with the same amount of money.
Other effects include creditors benefiting at the expense of debtors and the real value of fixed-monetary assets being on the decline.
However, the real value of real incomes of people with fixed nominal incomes will not increase as no change occurs when dealing with deflation as there is usually no adjustments.
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for a company making advanced technology, with highly specialized components, a customer divisional structure would be more effective than a modular structure. true or false?
The modular structure would be more effective for a company making technology with specialized components (false option)
Business modular structure is a term that refers to a type of structure in which a company is subdivided into specialized small units in some particular aspect of the production process.
This type of structuring is the best option for a company that makes specialized technological objects because each subdivision of the company can focus on different processes with greater specificity.
On the other hand, this structure allows the company to constantly improve itself because a major restructuring is not required when a failure is detected but can be quickly amended in the subdivision that presents problems.
Additionally, customer divisional structure is not the best option for this company because it is not necessary to segment the target audience since its products are highly specialized and are already aimed at a specific market segment.
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If you could franchise a business - what business would you choose? (2-3 sentences)
Answer:
I would choose the Franchise Dunkin Donuts since many people get hungry in the morning. And since plenty of people work in the day times. It would be a mastermind full proof plan of sweet success.
Explanation: In Russia dog does not eat your homework, I do.
separation of duties is important for internal control of
Answer:
Explanation:
Both cash payments and cash receipts.
When communicating a complex idea, what is most important?
Answer:
You will need to present the information with exciting points and in an organized fashion.
Explanation:
Answer:
You will need to present the information with exciting points and in an organized fashion.
Explanation: