In order to maximize profit, the firm should produce where its marginal revenue and marginal cost are equal.
What is marginal cost?
The term "marginal cost" describes the rise in production costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses can see how volume output affects cost and ultimately profits by calculating the marginal cost.
The corporation should produce where its marginal revenue and marginal cost are equal in order to maximise profit. The company's unit marginal cost of manufacturing is $20. The company's marginal revenue at 4 units produced is $20. Therefore, the company should generate 4 units of output.
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explain why it is necessary to include product cost (price or price times quantity) in the quantity discount model, but not in the basic eoq model.
Price times quantity is not variable in the EOQ model but it is variable in the discount model. When quantity discounts are available, the unit purchase price of the item depends on the order quantity.
quantity or quantity is a belonging which could exist as a large number or value, which illustrate discontinuity and continuity. quantities may be in comparison in phrases of "greater", "less", or "same", or by means of assigning a numerical fee a couple of of a unit of measurement. Mass, time, distance, heat, and angle are a few of the familiar examples of quantitative properties. quantity is a number of the primary instructions of things along with nice, substance, change, and relation. some quantities are such by using their inner nature (as range), even as others characteristic as states (homes, dimensions, attributes) of things along with heavy and light, lengthy and brief, large and slender, small and excellent, or a great deal and little.
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gretchen is preparing a sales presentation for the executive team. what organizational structure is she most likely to use?
She is most likely to employ the organizational structure of problem to solution. As a result, choice D is right.
What is an organizational structure?An organizational structure outlines how tasks are assigned, coordinated, and overseen in order to achieve organizational objectives.
The basis upon which standard operating procedures and routines are built is provided by organizational structure. It decides who gets to take part in what decision-making procedures and how much their opinions influence the organization's activities.
The lens or perspective that people use to perceive their organization and its surroundings is known as the organizational structure. Depending on its goals, an organization can be set up in many different ways.
The organizational structure will dictate how an organization performs and runs.
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a retailer pays a wholesaler $24.00 for an item and then sells it with a 25 percent markup. the retailer's selling price is
A retailer pays a wholesaler $24.00 for an item and then sells it with a 25 percent markup. The retailer's selling price is: $32
When consumers buy a product and sell it to the final clients for their consumption, and not to any dealer or wholesaler, that is known as Retail. The retailers are the mediator between wholesalers and clients. They purchase goods from the wholesaler and sell them to the final clients in small quantities.
Currently, many brick-and-mortar shops are ordinary examples of retail. specially, we can point out some giants consisting as Walmart, great Purchases, and target. those are very acquainted and famous names. A store purchases in bulk from the wholesalers and sells the goods to the customers in small quantities. A store basically maintains a variety of merchandise. The intention of a store is to gain maximum satisfaction with the aid of exceeding expectations and turning in tremendous offerings.
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which of the following would constitute depreciation, as economists use the term? a. using some of your savings to buy a car b. a gm shareholder selling some of her stock c. inventories of firms decreasing due to an increase in sales d. a tax accountant s knowledge of the tax code becoming outdated as new tax laws are passed
Inventory levels rise if production exceeds sales and falls if sales exceed production.
How do sales affect inventory?Normally, the size of a company's inventory fluctuates with its sales. “It is expected that inventories will increase proportionately to increases in sales, but when sales decrease, inventories should also adjust downward,” adds Dany Couillard, Director, Business Restructuring, BDC.Reduced inventory allows you to adapt and adjust to rapid market and industry changes, like short product lifecycles. Reduced inventory saves your business carrying costs, storage costs, and transportation costs between warehouse facilities.Your inventory value can also increase if the supply of your product in the market decreases while demand remains relatively steady. Commodities are one example; if you have a warehouse full of coffee and weather ruins the coffee crop, the value of your inventory will increase with the market price.
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if a substantial percentage of the scenarios look bad, the degree of forecasting risk is high and further investigation is in order.
The following statement, "If a substantial percentage of the scenarios look bad, the degree of forecasting risk is high and further investigation is in order." is True.
A substantial percentage of risk is always present when engaging in any type of activity, whether it is physical or mental. This is because there is always the potential for something to go wrong, no matter how well prepared or experienced someone may be.
For example, even the most experienced drivers can get into accidents, and even the most talented athletes can suffer injuries. Of course, the level of risk varies depending on the activity.
The question is incomplete, the complete question is:
If a substantial percentage of the scenarios look bad, the degree of forecasting risk is high and further investigation is in order.
(True or False)
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So, if work ethic lives inside of us, just as with other values (e.g., pride, optimism), how does work ethic reveal itself in your behaviors? How is it demonstrated? How can you act it out?
Answer:
Explanation:
If you have a strong work ethic, you likely possess traits like dependability, respectfulness, responsibility, productivity and collaboration. For example, if you find work important and worthy of your best efforts, you will do things like show up for work on time and complete tasks by their due date. It can be demonstrated through your integrity. Show it through your actions, and by demonstrating you can get things done on time, and the right way, and while still respecting your co-workers.
ella has recorded monthly expenses in her budget spreadsheet project. she needs to add all of the dollar amounts in the cell range of f4:f14 and then display the results in cell f16. what should ella do to perform this task?
Double-clicking the boundary of the column or row in Excel is the simplest technique to auto-fit: By hovering the mouse pointer over the right border of the column heading until the double-headed arrow appears and then double-clicking the border, you can autofit one column.
How to AutoFit in Excel?Without having to manually adjust the column width and row height, Excel's AutoFit feature is intended to automatically resize cells in a worksheet to fit various data sizes.The column width is adjusted by the autofit feature to accommodate the greatest value in the column.The column width is adjusted by the AutoFit Row Height option to match the largest number in the row. With this choice, the row is expanded vertically to accommodate text that is particularly tall or multi-lined.Because Microsoft Excel automatically adjusts row height based on the height of the text you input in a cell, unlike other spreadsheet programs, you won't need to auto fit rows as frequently as columns.Row heights might not automatically adjust, though, if you're exporting or copying data from another source.To Learn more About auto-fit refer to:
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mercy hospital operates an on-site laboratory. total (direct and allocated) costs associated with the laboratory are estimated to be $500,000. of the $500,000, mercy estimates that $350,000 could be eliminated if the laboratory were closed. which of the amounts below reflects the indirect costs of the laboratory?
$150,000 is the amounts that below reflects the indirect costs of the laboratory.
What are indirect costs?No matter how much is produced or sold, indirect costs are the costs related to running a business and launching a product or service. In other words, they are unrelated to creating a good or service or buying a good in large quantities to resell. They differ from direct costs because of this. Indirect costs include expenses that are typically classified as overhead, such rent and utilities, as well as general and administrative costs, like officer salaries, accounting department charges, and personnel department costs.
Why is indirect cost important?The efficient operation of a firm depends on the management of indirect costs. Electricity, equipment, and office rent support business operations and enable entrepreneurs to produce top-notch goods and render suitable services. Businesses can be effectively maintained and operated with the aid of indirect costs. It's crucial to track indirect costs if you want to manage your business spending. Understanding the distinction between direct and indirect costs is essential when setting the price for your goods or services..
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The complete question is:Mercy Hospital operates an on-site laboratory. Total (fully allocated) costs associated with the laboratory are estimated to be $500,000. Of the $500,000, Mercy estimates that $350,000 could be eliminated if the laboratory were closed. Which of the following amounts reflects the indirect costs of the laboratory?
Select one:
a. $500,000
b. $350,000
c. $150,000
d. $850,000
e. Cannot be determined from the information provided
when a currency is allowed to increase or decrease freely according to market forces, the currency is said to:
A currency is considered to have independent float when it is permitted to rise or fall freely in accordance with market forces. the potential risk that changes in foreign currency rates would affect the value of an asset that a business owns.
What are the two main currency conversion techniques?The two fundamental methods for accounting for currency translation are the current technique, which is used when the subsidiary and parent use the same functional currency, and the temporal method, which is used when they don't.
What does the term "foreign exchange risk" mean?Foreign exchange risk is, by definition, the potential for a firm to be impacted by a change in the exchange rate between its home currency and the currency in question.
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An investor purchased a mutual fund through his broker. The broker charged him a fee of 3. 75% of the amount of the fund. Which type of fee has the broker charged?.
An investor purchased a mutual fund through his broker. The broker charged him a fee of 3. 75% of the amount of the fund. The front end load is the fee charged.
What is mutual funds fee?A front-end load is a commission or sales fee that is imposed at the moment an investment is first purchased. The phrase is most frequently used in reference to mutual fund investments, although it can also refer to annuities or insurance contracts.
The fee imposed by a certain mutual fund scheme to manage the investments on behalf of the investor is known as the total expense ratio (TER), which refers to all costs associated with managing mutual funds as a whole.
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A company's _____ is the large-scale action plan that encompasses the company's vision and is used to create the direction for the business.
A. structure
B. strategy
C. forecast
D. culture
A company's strategy is the large-scale action plan that encompasses the company's vision and is used to create the direction for the business.
Option B is correct.
Company strategy:A strategy is a long-term plan that a business creates to achieve its desired future state. Your strategy includes your company goals, the type of product/service you want to develop, the customers you want to sell to, and the markets you want to serve profitably.
What is Good Corporate Strategy?A successful business strategy begins by formalizing a plan on the three core elements that follow.Business goals, target groups and strategic management. Use these six action items to start crafting an effective business strategy that aligns with your organization's goals.
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what is the marginal product of the second worker? a. 15 students b. 20 students c. 25 students d. 22.5 students
The marginal product of the second worker is option C. 25 students
What is a marginal product?Marginal product refers to the change in output as a result of employing one more unit of a particular input, for example, an increase in worker.
From the table attached, when the firm had only 1 unit of worker, the output was 20. When it increased its worker to 2, the output increased to 45.
In order to determine the marginal product,
subtract the output of the second worker from the first
Marginal Product = 45 - 20
= 25
Therefore, marginal product of the second worker = 45 - 20 = 25
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The complete question is as shown in the attached picture.
money is a(n): a. intrinsic motivator. b. internal motivator. c. extrinsic motivator. d. primary reinforcer.
Money is a extrinsic motivator. Hence option (c) is the answer.
Who claimed that money is a motivator?The first of several business-related theories of motivation was Taylor's theory. The money as a motivator hypothesis might also be used to describe Taylor's theory of Scientific Management. It was among the first theories of workplace motivation. Extrinsic motivation refers to the use of incentives or prizes to spur individuals to engage in particular behaviors.
In contrast to intrinsic motivation, this type of motivation is driven by outside forces. Extrinsic motivation includes things like receiving compensation for work. Since it can be utilized to successfully motivate practically everyone, money is typically seen as a strong extrinsic positive motivator.
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HDMI cables connect a monitor to a computer. What was it called in workplaces that is now an outdated term?
An HDMI-compliant source device can send uncompressed video data and compressed or uncompressed digital audio data using the High-Definition Multimedia Interface (HDMI), a proprietary audio/video interface.
What is Multimedia?Multimedia refers to many media since "multi" denotes many and "media" refers to media. Multimedia refers to the blending of several media, such as sound, text, graphics, animation, or video. Virtually all instructional software and many video games contain multimedia.
Videos, photos, and audio are all examples of multimedia material. Because people no longer want to consume material solely in written form, which takes us to the most crucial lesson in digital marketing.
The term "multimedia" is used when integrating several media in art as well, but it is more frequently employed there, such as in television-based performances and installations.
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Which factors contribute to compromised physiologic functioning in premature newborns?.
The factors that contribute to compromised physiologic functioning in premature newborns are
immaturity of organ systemsmaternal conditions and medicationstiming of cord clampingresuscitation maneuvers.What are physiologic functionings?Generally, Normal physiologic transition is disrupted in the premature newborn by a number of circumstances, some of which include but are not limited to the immaturity of organ systems, illnesses and drugs affecting the mother, the timing of cord clamping, and resuscitation procedures.
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alayna purchases a laptop for $290. sales tax is 8.75% in orange county. how much sales tax does she pay? (hint: round money to the nearest cent!)
Alayna purchases a laptop for $290. sales tax is 8.75% in orange county. much sales tax does she pay: $25.375, 2088.87
Definition: A purchase means to take possession of a given asset, belongings, item, or right via paying a predetermined amount of money for the transaction to be completed effectively. In different phrases, it's an exchange of cash for a selected appropriate carrier.
And you have to use "purchase" when you need a noun shape, as in You made a clever buy whilst you got gas before the rate went up. In summary, attempt to use "buy" for simple actions, and "buy" for more formal exchanges of cash for items.
Instance:-
Stationery purchased by means of a stationer is called “Purchases”cloth bought by means of a fabric merchant is known as “buy”Cement bought by using a cement dealer is called “Purchases”Learn more about Purchases here:
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You switch the positions of two items on your menu. Chicken tenders sales drop from $800 to $600. Food cost for chicken tenders is 25%. Cheeseburger sales rise from $500 to $700. Food cost for cheeseburgers is 20%. Was this a good move?.
Answer: a) Yes, gross margin increased
Explanation:
an amount of is borrowed for years at interest, compounded annually. if the loan is paid in full at the end of that period, how much must be paid back? use the calculator provided and round your answer to the nearest dollar.
A = P(1 + r/n)^(nt)
A = 36000(1 + .08)^6
A= 57,127.48
What is compound?Compound, to savers and investors, means the ability of a sum of money to grow exponentially over time by the repeated addition of earnings to the principal invested. Each round of earnings adds to the principal that yields the next round of earnings. In savings accounts, this is called compound interest.By contrast, simple interest does not reflect compounding. The interest is paid on the original balance only, not the original balance plus its previous earnings.Financial experts advise individuals to start saving early as the benefits of time with compounding greatly increases returns.Simple interest is paid only on the original amount invested, growing more slowly over time.To learn more about simple interest refer to:
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pablo invests 4000 usd in an account that offers 4% simple interest per year. after 12 years, how much is his investment worth in usd?
The amount Pablo has after 12 years is $5920
Simple interestSimple interest is a quick and simple formula for figuring out how much interest will be charged on a loan. The daily interest rate, the principle, and the number of days between payments are multiplied to calculate simple interest.
Plain Interest = P x I x N
where,
P=principle
L = Daily interest rate
N = Days between payments
Explanation:
Given,
Annual interest rate = 4%
Interest in one year =[tex]\frac{4}{100}[/tex] x 4000
= 160
Interest in 12 years = 160 x 12
= 1920
Therefore the amount Pablo will have in 12 years is $5920
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pangbourne whitchurch has preferred stock outstanding. the stock pays a dividend of $5 per share, and sells for $25. the corporate tax rate is 21%. what is the percentage cost of the preferred stock? (enter your answer as a whole percent.)
At 2% has been the cost of the preferred stock so when corporate tax rate is 21%.
What do you means by stock?Company ownership records are also known as stocks in most contexts. Every property certificate of a particular firm is referred to by the term "share," on the other hand. One are regarded as a shareholder if you own shares in a specific company. Common and popular stocks are the two categories. In fact, buying the stock is an investment in a publicly listed business. Normal company either preferred shares are the two major types of stock that are usually issued when a corporation sells shares of stock.
Briefing:Although overall average numbers should be used for calculations, some of the figures below may display slightly rounded for display purposes.
r Preferred = DIV / P0
= $5 / $25
= 0.2, or 2%
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what is the future of project management (i.s., increasing or decreasing in importance to organizations and why)?
In order to finish a lot of prosperous comes and sit up with the educational curve, the longer term of project management depends in developing project management talents and getting a lot of education. associate degree growth in huge information may be a additional WEF trend.
What is project management?⇒ Project management is that the method of overseeing a team's activity to finish all project objectives among the established parameters. The project documentation that's ready at the beginning of the event method usually embrace descriptions of this data. The 3 main restraints area unit budget, time, and scope. Optimizing the distribution of necessary inputs and victimisation them to attain pre-established goals is that the secondary drawback.
The goal of project management is to produce a finished product that meets the goals of the shopper. The goal of project management is often to change the client's temporary so as to a lot of effectively accomplish the client's goals.
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in an interprofessional team, what do teammates need to understand to have a shared vision? (select all that apply.
Having agreement on the outcome is foundational to the team having a shared vision. There must be agreement on the outcome to gain agreement on potential challenges.
Explain in detail.
Mutual respect and trust, shared goals, decision-making processes involving all team members, roles and duties that are clear, and a willingness to work together are likely to be crucial components of an interprofessional team that functions well.Interprofessional collaboration happens when two or more professions work together to accomplish shared objectives and is frequently utilized as a method of resolving a wide range of challenges.The capacity and willingness of an interprofessional dream team's members to listen was one of the most frequently noted qualities. In connection with that, nurses emphasized the value of empathy and compassion, which go beyond simple caregiver listening.To know more about Interpersonal communication here
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if a nation is utilizing a fixed exchange rate, which entity is responsible for exchanging domestic and foreign currency as needed to meet supply and demand?
If a nation is utilizing a fixed exchange rate, the world bank is responsible for exchanging domestic and foreign currency as needed to meet supply and demand.
What is meant by fixed exchange rate?A fixed exchange rate is a system used by a government or central bank that links the value of the nation's official currency to the currency of another nation or the price of gold. A fixed exchange rate system's goal is to maintain a currency's value within a specific range.
A nominal exchange rate that is firmly established by the monetary authority with regard to a foreign currency or a basket of foreign currencies is known as a fixed exchange rate. A floating exchange rate, in contrast, is established on foreign exchange markets based on supply and demand and typically changes continually.
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which trader would most likely have a portfolio of just one stock? day trader swing trader garp trader esg trader
a) Day trader would most likely have a portfolio of just one stock.
In the field of business, a day trader can be described as a kind of trader that has a maximum stock for a single kind of product, and the product is tried to be sold on the same day because of market price fluctuations.
A day trader has effective knowledge about the prices of various stocks in the market. He tries to buy just one type of stock for a day when the retail price of the product has become lower in the market so that he can sell it at the same higher price in the market. In this way, more profit is gained by a portfolio of just a single stock.
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How did the world's per capita income and the degree of income inequality change between 1800 and 1980?
Income disparity rose although per capita income climbed by about ten times.
The distribution of income or income growth among the population is referred to as income inequality. Less equal income distribution or growth is represented by higher income inequality. The paper offers a number of inequality measurements.
The amount of money made per person in a country or region is expressed as per capita income. The average per-person income for a region is calculated using per capita income, which is also used to assess the population's standard of living and quality of life.
From 100-1900 world's per capita income increased but degree of income inequality also increased.
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most salespeople are not trained how to install their products. then why should a good salesperson make it a point to oversee the installation process?
Typically, installers do now not have the identical relationship with the customer and may additionally not have the kind of persona to deal with difficult situations.
Why is it vital for a salesperson to set up expectations with a new customer?Increase brand loyalty: Exceeding your customers' expectations can inspire them to make future purchases from the brand. Influence product sales: Customers who have excessive expectations about your merchandise or offerings may additionally select to keep with the brand, helping you amplify income and meet income goals .
Salespeople need to recognize the buyer, including the urgent issues the consumer is going through and what they desire as they work their way to a purchase. They also need to have expertise about their personal product or carrier and the industry.
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https://brainly.com/question/29672058#SPJ4maria needs extra money to buy a truck to start up a delivery service. she takes out a simple interest loan for $8000 for a period of 3 months at a rate of 6.25% . how much interest must she pay, and what is the maturity value of the loan?
She must pay 1500 in interest according to the provided statement, and the loan's maturity value is $58,000.
What does the term interest mean?The costs associated with borrowing cash and paying somebody to lend you money are referred to as interest. Interest is frequently calculated as such a monthly percentage of the amount borrowed. The interest on the loan is represented by such a percentage.
Briefing:We've provided the following in response to the query:
➣ Principal = £8000
➣ Time = 3 months
➣ Rate = 6.25%
Finding the Principal by changing every value in the formula:
I=[tex]\frac{PRT}{100}[/tex]
I=[tex]\frac{P*R*T}{100}[/tex]
I=[tex]\frac{8000*3*6.25}{100}[/tex]
I=1500
MV=P(1+r)ⁿ
MV=8000(1+6.25)
MV=58000
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compared to about 35 million hospital admissions in the us annually, how many outpatient visits are there? 40 million 70 million 100 million
Compared to about 35 million hospital admissions in the US annually then outpatient visits are 100 million. The correct option is 100 million.
In the hospital admissions, an admission note is a part of medical record that documents the patients status reasons why the patient is being admitted for inpatient care to a hospital or other facility and the initial instructions for that patient's care.
Compared to about 35 million hospital admissions in the US annually then outpatient visits are 100 million and this is an achieving total systems safety flashcards.
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appointed agency leaders are tasked with steering their agencies in the direction
The appointed agency leaders are tasked with steering their agencies in the direction charted by the President.
Who appoints the heads of agencies?The President appoints the leaders of federal agencies, including the Cabinet, with the goal of putting into effect and upholding the laws passed by Congress. A political appointee is defined by the United States Office of Government Ethics as "any employee who is appointed by the President, the Vice President, or agency head."
The Secretary, the Under Secretary, and Assistant Secretary, as well as any other executive or military department head or assistant head, are referred to as the agency's "Secretary" or "Head of the Agency."
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for most goods in an economy, the primary signal that guides the decisions of buyers and sellers is a. quality. b. advertising. c. price. d. reputation.
Option C is correct. price/expenses information the decisions of buyers and dealers and these selections lead to an environment friendly allocation of resources.
What do costs help shoppers and marketers make?Prices ship signals and provide incentives to buyers and sellers. When provide or demand changes, market costs adjust, affecting incentives. Higher expenditures for a precise or provider provide incentives for shoppers to buy much less of that desirable or provider and for producers to make or sell greater of it.
What are private goods and services?private good, a product or service produced by means of a privately owned commercial enterprise and purchased to increase the utility, or satisfaction, of the buyer. The majority of the items and services fed on in a market economy are non-public goods, and their fees are determined to some diploma via the market forces of supply and demand.
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