Starting in the late 1880s, Thomas Edison and Nikola Tesla were embroiled in a battle now known as the War of the Currents. Edison developed direct current -- current that runs continually in a single direction, like in a battery or a fuel cell.
Thomas Alva Edison was an American inventor and businessman. He has developed many devices in fields such as power generation, mass communication, sound recording, and cinema.
One of the most famous and prolific inventors of all time, Thomas his Alba his Edison had a tremendous impact on modern life, inventing such things as the light bulb, the phonograph, and the motion picture camera, as well as the telegraph and the telephone. led to improvements. Thomas Edison is best known for inventing the light bulb.Learn more about Thomas Edison here: https://brainly.com/question/26568016
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lena is a salesperson for musical instruments, inc. she tells nayda, a customer, that an instrument has a certain quality when, as lena knows, it does not. in reliance, nayda buys the instrument. liable for this misrepresentation is
Responsible for the misrepresentation is Lena.
Misrepresentation is a condition in which one party to a contract makes a false statement of fact to another party who is dependent on it. .
In the buying and selling practice above, Lena as a seller or business actor gave false statements regarding the musical instruments she was selling. That these musical instruments have certain qualities, in fact Lena knows that these musical instruments do not have certain qualities.
The false statement given by Lena entered into a form of deception shown to the buyer to persuade the buyer to buy the musical instrument. Parties who receive false statements can sue for damages for their losses.
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a taxpayer may be required to include in gross income the gain the taxpayer realizes when she sells her principal residence. True or False
It is true that taxpayer may be required to include the gross income and the gain, taxpayer realizes when she sells her principal residence.
Who is a taxpayer?A taxpayer is a natural person or an entity (such as a business) who must pay taxes. Today's taxpayers can have an identifying or reference number that a government has given to individuals or businesses.
In general, a person who pays taxes is referred to as a "taxpayer". A taxpayer is a person or thing that has financial obligations to municipal or governmental taxing bodies. Taxes can take many different forms, including income taxes and/or property taxes levied against owners of real estate (such as homes and automobiles). When people buy goods and services that are subject to tax, they may have to pay taxes. The workforce of a nation is frequently referred to as a "taxpayer," as they pay for government programs and systems through taxes.
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Which type of tax is levied on specific items or services, including gasoline and telephone services?.
Excise tax is levied on specific items or services, including gasoline and telephone services.
An excise tax is a type of tax that is frequently levied on the sale of specified goods or services, or on a specific use. Fuel, airline tickets, large trucks and highway tractors, indoor tanning, tires, cigarettes, and other commodities and services are frequently subject to federal excise taxes. Form 720, Quarterly Federal Excise Tax Return, is usually used to report excise tax to the IRS by businesses that are liable to it. Excise taxes service are imposed on a variety of products, services, and endeavors. The tax may be collected upon importation, manufacturer sale, retailer sale, manufacturer usage, or consumer use. For projects involving the taxable good or service, such building new roads and airports, a large portion of excise taxes are put into trust funds. Excise taxes have no connection to income taxes. In many cases, Form 720 must be submitted to the IRS with the excise tax payment by the retailer, producer, or importer. The cost of the excise tax may be passed along to the buyer.
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Walmart is requiring more trade sales promotion from bolthouse farms, a juice and smoothie company, to keep extensively promoting its products and displaying them on their shelves. Why will bolthouse farms most likely comply with walmart’s request?.
Sales marketing is preferred by Bolthouse Farms over newspaper advertising. Long-term success is becoming more crucial to retailers like Walmart.
What is a Walmart Plus membership?A number of goods, especially groceries, are offered through Walmart Plus, a premium subscription service, both online and in stores. If you register, you'll get discounts and benefits at Walmart and stores owned by Walmart, including Sam's Club, Jet.com, and Bonobos.
Where does Walmart get their clothes?However, the worldwide nature of a Walmart supply chain comprises suppliers from the UK, Canada, China, Mexico, Taiwan, Hong Kong, France, and other nations.
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what do we call the mathematical expression that predicts the relationship between the number of warehouses and the amount of safety stock inventory that a company can expect to maintain?
The mathematical expression that predicts the relationship between the number of warehouses and the amount of safety stock inventory that a company can expect to maintain is the square root of N rule.
What is safety stock?One key element of effective inventory management is maintaining a certain amount of safety stock. Safety stock is inventory that is kept on hand to cushion against unexpected disruptions in the supply chain. By definition, safety stock is inventory that is above and beyond the amount needed to meet normal demand. Safety stock exists to protect against variability in demand and supply. There are several factors to consider when determining how much safety stock to keep on hand. These include the lead time for replenishing inventory, the frequency and severity of disruptions, and the cost of holding inventory.
The square root of the N rule highlights that safety stock has a relationship with the number of warehouses, and this relationship is in the form of the square root of warehouse numbers.
It can be concluded that the mathematical expression that predicts the relationship between the number of warehouses and the amount of safety stock inventory that a company can expect to maintain is the square root of N rule.
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in the short run, as output gets larger and larger:
In the short run, when the output of a firm increases, its average fixed cost decreases.
In the short run, as it relates to business, some inputs will be fixed, and some will be variable at some point in the future. The short run-in economics refers to the notion that an economy's behavior will change depending on how much time it has to take in and respond to stimuli.
A company, ABC, is an example of a short run. ABC can produce 10 cars per day and is looking to increase production to 15 cars per day by using the available infrastructure in response to rising demand during the season.
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According to the wage-price spiral, if a company gives a worker a raise in pay, what must they also do?
answer choices
A. Raise the price of their products
B. go out of business
C. lower the price of their products
According to wage-price spiral, if company gives a worker a raise in pay, they must also raise the price of products.
What is wage-price spiral?A wage-price spiral, also known as a wage/price spiral or a price/wage spiral, is a theory put out by macroeconomists to explain why inflation occurs when wages rise in a positive feedback loop where rises in prices lead to salary increases. When aggregate demand and aggregate supply cross each other over time, the economy eventually goes back to that point." 1868 marked the first time the idea was used. A 1937 New York Times article about a steelworkers' strike first used the phrase "wage-price spiral." A price freeze was imposed in the 1970s by US President Richard Nixon in an unsuccessful attempt to stop what he perceived as a "spiral" of costs and prices.
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What does the president have the power to do as the commander in chief?
O declare war on another country
veto, or reject, a bill passed by Congress
decide how to interact with other countries
use troops to enforce US laws
According to Article 2, Section-2(1) : The president shall be commander in chief of the army and Navy of the United States, and of the Militia of the several states.
When called into the actual Service of the United States, he may require the opinion, in Writing, of the principal officers in each of the executive Departments, upon any Subject relating to the duties of their respective offices, and he shall have power to grant Reprieves and Pardons for offences against the United States, except in cases of Impeachment.
Under the constitution, the president, in addition to being Chief Executives, is Commander in Chief of the Army and Navy. He holds the prime responsibilities for the conduct of United states foreign relations. These duties carry very broad powers, including the power to deploy American Forces abroad and commit them to military operations when the president deems such action necessary to maintain the security and defense of the United States.
Under our constitution it is the President who must decide when an armed attack has occurred. He has also the constitutional responsibilities for determining what measures of defense are required when the peace and safety of the United states are endangered.
In 1787 the world was a far larger place, and the framers probably had in mind attacks upon the United states. In the 20th century , the world has been grown much smaller then they think about territorial integrity and human right of the people.
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Which act is violated if an employer refuses to provide health insurance to females due to the cost of pregnancies?.
An employer is in violation of "The Pregnancy Discrimination Act of 1978" if they refuse to offer women health insurance due to the expense of pregnancies.
Define the Pregnancy Discrimination Act of 1978?To add a provision to Title VII of Civil Rights Act of 1964 that forbids sexism based on a woman's state of pregnancy.
General Direction:
An organization is not permitted to have a written and unspoken employment policy or practice that disqualifies job applicants or deprives current employees of any terms, circumstances, or privileges of employment due to pregnancy, childbirth, or conditions connected to those situations.As long as a pregnant employee is able to perform the duties of her position, the employer must allow her to do so.The decision to hire an employee cannot be made by an agency "s performance at work based on a preconceived notion or assumption about the employee's pregnancy.Pregnancy and other relevant illnesses may not be singled out by an organization for extra scrutiny when choosing an employee "her capacity for work.Thus, an employer is in violation of "The Pregnancy Discrimination Act of 1978" if they refuse to offer women health insurance due to the expense of pregnancies.
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according to rules, regulatory oversight and regulation, hedge funds are allowed to short sell securities. this is in contrast to most mutual funds. group of answer choices
Hedge funds and mutual funds are both managed portfolios constructed from pooled funds with the objective of generating returns through diversification. Through this pooling of money, a manager—or group of managers—uses resources from several investors to buy securities that correspond to a particular plan.
Institutional fund managers offer a number of mutual fund solutions to retail and institutional clients. High-net-worth investors are the focus of hedge funds. Investors must meet stringent accredited criteria in order to invest in these funds.
The terms of redemption are a significant distinction between mutual funds and hedge funds. On any given business day, investors in mutual funds may redeem their units and get the NAV (net asset value) for that day. Contrarily, hedge funds often have substantially lower levels of liquidity. While some only offer quarterly or annual redemptions, others offer weekly or monthly redemptions. Many hedge funds impose a lock-up period during which no money can be withdrawn. Several hedge funds actually ceased redemptions totally during times of market turbulence, like the most recent financial crisis, in order to safeguard the remaining investors from a potential fire sale of the fund's holdings. To properly comprehend the hedge fund, it is crucial to read the offering memorandum to fully understand your redemption rights.
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wallace sells a aaa rated 4% bond for $960 and buys another aaa rated 4% bond for $950. both bonds mature in seven years. this is an example of a) an intermarket spread swap. b) a pure yield pickup swap. c) an interest rate swap. d) a substitution swap
This is an example of an intermarket spread swap. To take advantage of yield differences across different bond sectors, an intermarket spread swap is the exchange, or sale, of one bond for another with different terms.
Such as a different coupon rate, credit grade, or maturity date. When a trader opens a long or short position in one contract month and then opens an bond opposing position in another contract month in the same futures market on the same exchange, this is known as an intermarket spread, also known as a calendar spread or a time spread. The exchange of one bond for another that has comparable features but provides a greater yield is known as a substitution swap.
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which fundamental element of a political unioin did the european union (eu) lack as a result of britain's decision to opt out of provisions such as the eu charter of fundamental rights, the schengen agreement, and the eurozone
when an organization engages in nominal transparency, it discloses useful information. group of answer choices true false
Privacy ensures that people are in charge of or have some influence over what information about them may be gathered, maintained, and released to whom. “Ensuring that only those with the proper authorization can access the data is what privacy is all about.”The right answer is True.
“The right to privacy of an individual ensures that each person has the right to control how and by whom information relating to that individual is gathered and preserved.” For sensitive and secret information to be kept safe and prevent misuse, privacy is observed. There comes a point at which information should not be disclosed or shared for personal reasons like insecurity, safety, etc.In the end, Texas was the US’s admission of a slave state. Texas was annexed, which led to the start of the Mexican-American War (1846-1848).The battle began because of disagreement over which river, the Rio Grande or the Nueces, was Mexico’s true northern border.In 1844, Congress made the final decision to annex Texas. On December 29, 1845, when Texas became a slave state and the unresolvable differences over slavery in the United States grew, the Mexican-American War began.
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sofia divides all of her income between spending on digital movie rentals and lattes. in 2016, she earned an hourly wage of $28.00, the price of a digital movie rental was $7.00, and the price of a latte was $4.00. which of the following give the real value of a variable? check all that apply. the price of a digital movie rental is 1.75 lattes in 2016. sofia's wage is $28.00 per hour in 2016. the price of a digital movie rental is $7.00 in 2016. which of the following give the nominal value of a variable? check all that apply. the price of a latte is $4.00 in 2016. sofia's wage is 4 digital movie rentals per hour in 2016. the price of a latte is 0.57 digital movie rentals in 2016. suppose that the fed sharply increases the money supply between 2016 and 2021. in 2021, sofia's wage has risen to $56.00 per hour. the price of a digital movie rental is $14.00 and the price of a latte is $8.00. in 2021, the relative price of a digital movie rental is
The options that would give the the real value of the latte are:
the price of a digital movie rental is 1.75 lattes in 2016. he price of a digital movie rental is $7.00 in 2016The options that would give the nominal variable are:
the price of a latte is $4.00 in 2016.sofia's wage is 4 digital movie rentals per hour in 2016.How to solve for the real value of the Latte
We have price at 4 dollars and the rental at 7 dollars
7 / 4 = 1.75$
What is the nominal value?The redemption price, also known as the nominal value of a security or face value, is typically printed on the front of that security. It is the stated value of a security that has been issued, as opposed to its market value, for bonds and stocks.
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eilert construction company had a contract starting april 2021, to construct a $21,000,000 building that is expected to be completed in september 2022, at an estimated cost of $19,250,000. at the end of 2021, the costs to date were $8,855,000 and the estimated total costs to complete had not changed. the progress billings during 2021 were $4,200,000 and the cash collected during 2021 was $2,800,000. eilert uses the percentage-of-completion method. *118. for the year ended december 31, 2021, eilert would recognize gross profit on the building of a. $0. b. $737,917. c. $805,000. d. $945,000. *119. at december 31, 2021, eilert would report construction in process in the amount of a. $9,660,000. b. $8,855,000. c. $8,260,000. d. $805,000.
eilert construction company had a contract starting april 2021, to construct a $21,000,000 building that is expected to be completed in september 2022, at an estimated cost of $19,250,000. Eilert would report construction in process in the amount of $805,000.
What do you mean by a construction company?
The construction industry is concerned with the building and infrastructure construction, demolition, renovation, maintenance, and repair. It includes everything from planning and surveying to structural construction and finishing services like painting and decorating.
Construction employs approximately 16% of the working population in the country. The construction industry in India employs over 30 million people and generates assets worth more than $200 billion. It contributes more than 5% of the nation's GDP and 78% of gross capital formation.
So, the required answer is d. $805,000.
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What are the most popular items for sale on Black Friday?
A. Electronics
B. Dishware
C. Linens
D. Books
On Black Friday, you can be confident that the things on the list below will be offered for some of the lowest prices of the year. Like Electronics gadgets, so the correct answer is option (A) Electronics.
You may be sure that the items on the list below will be available for some of the lowest prices of the year on Black Friday.
So feel good about adding them to your shopping basket, making a quick purchase, and then enjoying the rest of your Thanksgiving weekend at a leisurely pace. You can get a new laptop, desktop, gaming PC, or tablet on Black Friday. Retailers like Best Buy will offer Apple products but completely avoid Apple.com. Additionally, Dell, Lenovo, and HP will offer online doorbusters all weekend long. Since these electronics sale occasions might be difficult to navigate, check out their Black Friday advertising in advance to see what's releasing and when.
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which of the following is considered a performance obligation?multiple choicea processing fee to obtain a bank loanextended warranties on electronic productsquality-assurance warranties on electronic productsup-front registration fees for a gym membership
A processing fee to obtain a bank loan is considered a performance obligation
The purpose of the interbank fee is to allow the issuing bank to cover processing costs and marketing authorization risks, as well as any fraudulent transactions that may occur. Exchange fees are set by each network and vary by issuer.
If your company falls into the "High Risk" category, you may experience a higher processing speed. If the processor thinks you could lose money, it will charge you extra to offset the risk. High-risk businesses include: Industries with high risk of chargebacks and fraud.
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which of the following do you need to know to calculate target return price? (check all that apply.)
A. Fixed costs
B. Expected unit sales
C. Variable costs
D. Break-even point
The following do you need to know to calculate target return price
D. Break-even point
In a break-even analysis, the margin of safety for a company is calculated and examined in relation to the revenues received and associated costs. In other words, the analysis demonstrates how many sales are required to cover operating expenses.
The break-even analysis establishes what level of sales are required to cover the company's total fixed costs by analysing various pricing levels in relation to various levels of demand.
A seller's selling powers would be greatly enlightened by a demand-side study.
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actual material purchases amounted to 240,000 kilograms at $0.81 per kilogram. actual costs incurred in the production of 50,000 units were as follows:
Direct fabric extent variance (also known as the direct material usage or efficiency variance) is the difference between the popular price of wellknown fabric allowed for proper production, and the trendy price of cloth surely used in production.
How is DM charge variance calculated?The system for this variance is:(standard fee per unit of material × actual gadgets of cloth consumed) – real cloth cost. (standard rate per unit of material × true gadgets of fabric consumed) – real fabric cost.
A cloth volume variance is the distinction between the actual amount of materials used in the manufacturing procedure and the amount that used to be expected to be used.
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https://brainly.com/question/24264484#SPJ4which of the following statements about cookies is not true
A) Some companies sell the personal information found in cookies to other companies.
B) Cookies help companies determine the traffic flow through their website.
C) Cookies obtain your personal information by searching your hard drive.
D) Cookies are text files.
The following statements about the cookie are not true:
B) Cookies obtain your personal information by searching your hard drive.
Cookies are text files that include little bits of information, such as a login and password, and are used to recognize your machine when you're connected to a computer network. HTTP cookies are a particular type of cookie that are used to identify specific users and enhance online surfing.
The server creates data in a cookie as soon as you connect. An ID that is specific to you and your machine is used to identify this data.
Your computer and the network server exchange cookies, and when they do, the server scans the ID and knows what data to provide you exactly.
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an investor purchases 1,000 shares of each of the stocks in a price-weighted index at their closing prices (ignore transactions costs). on a total return basis, if the index stocks remain the same, this portfolio will most likely:
B. Outperform the index over time.
When an investor, portfolio manager, fund, or other investment specialist outperforms the market, they are said to "beat the market." A company that is said to "Outperform" has reported quarterly or annual earnings that exceeded market analysts' consensus expectations.
Outperform is a rating that analysts can give to a company's stock. When a stock receives an outperform rating, analysts expect it to outperform the overall market, a specific financial index, or other companies in the same industry. Outperform isn't always the best rating for a company's stock. Outperforming is usually the highest or second-highest rating available because each brokerage firm has its own rating system.
An outperforming rating does not always imply that a stock will outperform the market. It simply means that analysts believe it will happen. Investors should also conduct their own research rather than relying solely on market ratings to make investment decisions.
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The complete question is:
An investor purchases 1,000 shares of each of the stocks in the Dow Jones Industrial Index at their closing prices (ignore transactions costs). On a total return basis, if the index stocks remain the same, this portfolio will certainly:
A. perform exactly like the index over time.
B. outperform the index over time.
C. under perform the index over time.
D. perform better than the index over some periods, and worse over others.
informing or parading strategies are more effective for teams that are . multiple choice question. more dependent on external relations less dependent on outside groups more dependent on outside groups less dependent on internal decision making
informing or parading strategies are more effective for teams that are less dependent on outside groups.
Strategies : a comprehensive plan of attack for victory in conflicts such as those in war, politics, economics, industry, or sport, or the capacity for strategizing in such conflicts: Yesterday, the Pentagon and the president had an urgent meeting to discuss military planning.
An organization employing a "high end" strategy will usually sell products that are quite expensive. A strategy is an ongoing series of acts. In other words, strategy reflects choices to provide certain goods or services in specific markets. In other words, perspective is a matter of direction and vision.
The words "activity," "approach," "blueprint," "design," "game plan," and "planning" are all synonyms for "strategy."
Four stages of strategy are:
a corporate plan.
business-level strategies and operational-level tactics
planning on an operational level.
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a firm may pursue a chaining strategy to: obtain the advantages of economies of scale. create product diversity. generate revenue by licensing the patents it owns. spread overhead costs. establish several unrelated business units.
A firm may pursue a chaining strategy to, options a, obtain the advantages of economies of scale.
The chaining strategy determines the whole process of production of the product of the company. It covers the supply, production, inventory management, and transportation involved in the business.
The chaining strategy helps in reducing the cost of production by improving the efficiency of production. It helps in maintaining the relationship with the suppliers by working closely with them.
It enhances the chances of the company earning more profit due to the efficient process of production. Quality is not avoided in the process which ensures the loyalty of customers to the product.
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Carlos has created several tables for his Organic Produce farm database including Customers, Vendors, and Products. Now he wants to create forms that will make it easier to enter data in the database. Determine the best methods for Carlos to use when creating forms for his specific needs.
The new custom form meets Carlos' requirements; however, some of the labels do not clearly describe the data that needs to be entered in the form. Which label property should Carlos change to make the label more descriptive and clear to the user?
Carlos will make use of the Controls gallery found on the DESIGN tab of the Ribbon's Forms Layout Group.
Which control lets you select an entry from a list or type one in?
A combo box lets a user choose only one item from the list or type in an entry.No matter how the current value is entered, the control will show it in the text box.
What is gallery control used for?
A Gallery control has the ability to display a number of records from a given data source, and each record can contain a variety of data types.Use a Gallery control, for instance, to display multiple contacts with each item displaying contact information such as their name, address, and phone number.
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compute gross profit for april.5-b. show how the three inventory accounts are reported on the april 30 balance sheet.
Direct material of $31,000 for the three inventory accounts is reported on the April 30 balance sheet.
inventory accounting is the frame of accounting that offers to value and accounting for modifications in inventoried assets. An organization's stock typically entails goods in 3 tiers of manufacturing: uncooked items, in-progress goods, and completed items that might be geared up on the market.
inventory accounting will assign values to the items in every one of these 3 strategies and record them as agency belongings. assets are goods so one can probably be of future value to the organization, in order that they need to be correctly valued in order for the company to have a specific valuation.
the main advantage of stock accounting is to have an accurate representation of the business enterprise's economic health. but, there are a few additional blessings to maintaining the tune of the cost of gadgets through their respective production degrees. specifically, stock accounting allows corporations to evaluate wherein they may be able to boom earnings margins on a product at a particular location in that product's cycle.
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The standard cost for blank______ manufacturing overhead is computed the same way as the standard cost for direct labor.
The standard cost for variable manufacturing overhead is computed the same way as the standard cost for direct labor.
A predefined cost, an estimated future cost, an expected cost, a budgeted unit cost, a forecast cost, or the "should be" cost are all examples of standard costs. They are frequently included in a manufacturer's annual profit plan and operating budget.
When standard costs are used in manufacturing, the standard cost of a product for a future accounting period will be as follows:
Direct materials: a set quantity of each material and a set price per unit of material.Direct labor: a standard quantity of labor and a standard cost per hour of laborManufacturing overhead: a fixed overhead budget, a standard variable overhead rate, and a standard quantity for applying fixed and variable overhead rates.Learn more about the Standard cost here:
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the friendly sausage factory (fsf) can produce hot dogs at a rate of 5,500 per day. fsf supplies hot dogs to local restaurants at a steady rate of 350 per day. the cost to prepare the equipment for producing hot dogs is $64. annual holding costs are 49 cents per hot dog. the factory operates 299 days a year. a. find the optimal run size. (do not round intermediate calculations. round your answer to the nearest whole number.) b. find the number of runs per year. (round your answer to the nearest whole number.) c. find the length (in days) of a run. (round your answer to the nearest whole number.)
a) 5447 runs is the optimal number of runs.
b) 19 runs are scored annually.
c) A run lasts for 1 day (in days).
As one of the most significant firm assets and a key component of inventory management, inventory is a key notion in the business supply chain. To maintain its proper level, the business needs to have effective internal controls over records and inventory use.
P = 5,500 hot dogs produced each day.
u = 350 hot dogs are consumed every day,
299 days is the number of working days.
D = 350/day times 299 days in a year equals 104,650 hot dogs annually.
S = Setup Expenses ($64)
H = Annual Holding Expense ($0.49)
a. The following formula can be used to determine the optimal run size:
[tex]Q = \sqrt\frac{2DS}{H} \sqrt\frac{p}{p - u}[/tex]
Q = √2 * [(350 * 299 * 64)] / 0.49] * √5500 / (5500 -350)
Q = 23.11 * 8.75 = 5447
Optimal Run Size = 5447
b. Determine the annual number of runs.
Annual Runs = D / Q
Annual Runs = 104650 / 5447 = 19.21
In a typical year, there are roughly 19 runs.
c. The formulae below can be used to get the Run Length;
Run Length = Q / p
Run Length = 5447 / 5500 = 0.99
A run, therefore, has a length of 1 day measured in days.
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patents, trademarks, and copyrights... a. provide limited monopoly power. b. allow individual innovators to form companies and possess monopoly power for 30 years c. allow innovative firms to achieve monopoly power for one year. d. allow innovators to possess monopoly power forever.
Copy rights typically last for 70 years after the author's death or longer, depending on the situation. Unless renewed, trademarks do not last forever. Thus, it is evident that parents, copyrights, and trademarks grant monopolists limited time-based monopoly power.
The choice a is correct.
What exactly is a monopoly?
A market structure in which a single seller or producer holds a dominant position in a sector or industry is known as a monopoly. In free-market economies, monopolies are discouraged because they limit alternatives for customers and stifle competition.
Why might governments permit monopoly formation through patent protection?
The government granting a company exclusive right to provide goods or services is the simplest way to establish a monopoly. Monopolies established by the government aim to create economies of scale that lower prices for customers.
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the xyz company is a profit-maximizing firm with a monopoly in the production of pennants. the firm sells its pennants for $10 each and economic profit is positive. we can conclude that the xyz company is producing a level of output at which:
Marginal cost equals marginal revenue. The additional money that results from raising the quantity is known as the marginal revenue.
Therefore, profit is maximised when marginal cost equals marginal revenue, which is the same as saying when marginal profit equals zero. This additional revenue is also referred to as being "at the margin. In general, marginal revenue tends to decline as production rises for any given level of customer demand. There is no economic gain in equilibrium since marginal revenue and costs
Marginal cost
The additional expense brought on by increasing the quantity is known as the marginal cost. The additional expense at the margin.
Marginal revenue
The additional money that results from raising the quantity is known as the marginal revenue. The additional revenue at the margin.
The XYZ Company is a profit-maximizing firm with a monopoly in the production of pennants. The firm sells its pennants for $10 each. We can conclude that the XYZ Company is producing a level of output at which:
Select one: a. average total cost equals $10. b. average total cost is greater than $10. c. marginal revenue equals $10. d. marginal cost equals marginal revenue.
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Jacquelyn is a student at a major state university. Which of the following is an example of an implicit cost of her attending college?
a. tuition
b. textbooks
c. computer lab fees
d. the salary that she could have earned working full-time
e. a calculator for her calculus class.
d. the amount of money she could have made if she had worked full-time.
Why do people work and earn money?
They require funds to eat, pay their rent, and have fun with their loved ones. Independence. Working isn't just about making money. Working can also give you more control over your life and independence.
What happens when your expenses exceed your income?
You have positive net cash flow if your expenses exceed your income. Kyle and Linda have two children, a mortgage, and they are married.
What does it mean to be financially free?
To be financially independent, one must have enough income, savings, or investments to meet all one's needs and live comfortably for the rest of one's life without relying on a paycheck. A long-term financial plan ultimately aims for that.
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