Smith defined economics as “an inquiry into the nature and causes of the wealth of nations.”
The contribution margin equals sales minus all ______ expenses.
Question 8 of 20
What is the difference between a salary and a wage?
A. A salary is a flat rate for an entire month or year while a wage is an
hourly rate of pay.
B. A salary is pay offered only to managers while a wage is offered
only to team members.
O C. A salary is pay offered only to team members while a wage is
offered only to managers.
D. A wage is a flat rate for an entire month or year while a salary is an
hourly rate or pay
SUBMIT
The difference between a salary and a wage is that A. A salary is a flat rate for an entire month or year while a wage is an hourly rate of pay.
What is the difference between a salary and wages?Salaries are flat amounts that a person gets after a period which is usually a month or semi-monthly.
Wages on the other hand are the rate at which a person is paid for every hour of work they put in.
In conclusion, option A is correct.
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which of the following would make a person well suited for entrepreneurship?
a. prefers to follow others on projects
b. likes making decisions
c. doesn't like people
d. likes to work regular hours
APEX
Entrepreneurs likes making decisions because they are their own boss. Option (b) is correct.
What do you mean by Entrepreneurship?Entrepreneurship is the practice of operating a business with a fresh concept or in a novel approach, ultimately benefiting the client or the consumer. A novel product or service can represent a new idea in a business.
Self-motivation is among the most crucial characteristics of entrepreneurs. Pushing oneself is necessary if you want to succeed. Because you are your own boss as an entrepreneur, it can occasionally be challenging to begin rolling without external pressure.
Therefore, Option (b) is correct. Making decisions by their own would make a person well suited for entrepreneurship.
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PLEASE HELP IM BEGGING:)))
Complete the following questions related to the market supply for apples:
1) In which of the following markets would the supply of apples be more inelastic?
(T 1 mark)
a) apples in the present growing season.
b) apples in the next 10 years.
2) Justify your answer for question 1 by using at least two of the factors that affect
the elasticity of supply. (T 1 mark C 2 mark)
Answer:
SORRY I DIDN'T KNOW THE ANSWER OF YOUR QUESTIONBen has been paying his $750 mortgage payment every month for five years on a level payment plan. Each month, the amount he pays toward interest ____________ and the amount he pays toward the principal ___________.
Each month, the amount Ben pays toward interest varies (and falls) the amount he pays toward the principal varies (but increases).
Calculations of Interest and Principal PaymentsThis answer can be explained by using a hypothetical example.
For example, let us assume that the principal outstanding from the first month is $9,500 and the monthly interest rate is 2%. The interest payment, the amount paid toward the principal, and the principal outstanding in the second and third months can be calculated as follows:
For the Second Month, we would have:
Second month interest payment = First month principal outstanding * Interest rate = $9,500 * 2% = $190
Amount paid towards the principal in the second month = Monthly payment - Second month interest payment = $750 - $190 = $560
Second month principal outstanding = First month principal outstanding - Amount paid towards the principal in the second month = $9,500 - $560 = $8,940
For the Third Month, we would have:
Third month interest payment = Second month principal outstanding * Interest rate = $8,940 * 2% = $178.80
Amount paid towards the principal in the third month = Monthly payment - Third month interest payment = $750 - $178.80 = $571.20
Third month principal outstanding = Second month principal outstanding - Amount paid towards the principal in the third month = $8,940 - $571.20 = $8,368.80
From the hypothetical example above, since the second month's interest payment of $190 is different from and greater than the third month's interest payment of $178.80, this implies that the amount Ben pays toward interest varies.
Also, since the amount paid towards the principal in the second month of $560 is different and less than the amount paid towards the principal in the third month of $571.20, this implies that the amount he pays toward the principal also varies.
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Since tsc sells products to support a rural lifestyle, it typically carries several brands within just a few product categories. This would categorize them as what type of store?.
The type of store which TSC is which sells products to support a rural lifestyle, and typically carries several brands within just a few product categories is known as a specialty store.
What is a Specialty Store?
This refers to retail outlets which has a focus on particular product categories and can have different brands.
With this in mind, we can note that because TSC sells products which has different brands and supports a rural lifestyle with few product categories, then they are known as a specialty store.
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True or False -As a rule the host or the organizer leads the topic for discussion.
It is not compulsory for the host or the organizer leads the topic for discussion. Therefore, it's false.
What is a discussion?It should be noted that a discussion simply means a conversation that's used to address a particular issue.
In this case, it's not compulsory for the host or the organizer leads the topic for discussion.
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Mary is purchasing air tickets for traveling to Europe in the December holidays. She books a ticket for $700 roundtrip with Delta Airlines to France but the next day her colleague informs her about a connection using two different airline service providers AirFrance and RyanAir which takes a shorter time and has no switching costs. She quickly changes her booking to the new connection her colleague showed her. What does this tell you about the bargaining power of buyers in the airline industry
The thing which can be noted about the bargaining power of the airline industry is that it is high.
What is Bargaining Power?
This refers to the ability of a firm to have some measure of influence over another through its power of labor.
With this in mind, we can see that based on the given situation of Mary buying tickets to travel, she has different choices to make based on the pricing system and this shows that the buyer's bargaining power is high.
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1.1. If the population of a country increases, GDP remaining constant, then its ________. A. income per capita will remain unchanged B. income per capita will decrease C. trade deficit will decrease D. gross national product will increase
The Income per capita will decrease If the population of a country increases, GDP remaining constant.
What is income per capita?Per capita income is defined as a measure for the average income earned per person in a given area (country) in a specified year.
It is calculated by dividing the area's total income by its total population hence a measurement of average income per person in a specific country.
Hence, the Income per capita will decrease If the population of a country increases, GDP remaining constant.
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In the production of textiles, women would gather and clean the fibers. once these were complete, the next step would be to ___________________. a. weave the fibers into textiles using a loom. b. comb and sort the fibers. c. dye the fibers using ochers. d. spin the fibers into thread. please select the best answer from the choices provided a b c d
Textiles include cloth and are produced with the help of yarn and threads. The step after gathering and cleaning is combing and sorting the fibers.
How is a textile produced?In the production of textile, the fiber and the wool is collected and cleaned from the sources like various plants or from animal coat. The harvested fibers are then combed and sorted thoroughly.
After the combing part, the harvest is made into threads by the process of spinning and carding and is weaved into cloths. At last, the clothes are sewed.
Therefore, after cleaning the next step is option b. combing and sorting.
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Answer:
B. comb and sort the fibers.
Explanation:
Which of the following statement about the importance of each competitor factor (most particularly influential competitive factors like S/Q ratings, models/styles, and selling prices) in determining company sales volumes and market shares in a particular geographic region is false?A) Tiny cross-company differences on a highly influential competitive factor (like S/Q ratings, the number of models/styles offered, and selling prices) nearly always have a bigger impact on company sales/market shares in a region than do large differences on less influential competitive factors.B) Big S/Q rating differences in a region always weigh heavily in accounting for company-to-company differences in branded pairs sold and market share in all four regions.C) As the spread between the company with the region's highest S/Q rating and the company with the lowest S/Q rating becomes smaller and smaller, the weaker is the unit sales/market share impact of the differences in the S/Q ratings among competing companies.D) In the rare instance that all companies should happen to have exactly the same S/Q ratings on their branded footwear in a region wholesale and internet segments, then S/Q ratings become a total competitor nonfactor and have zero impact on buyer appeal for one company's brand versus another.E) How much company S/Q rating matter in determining each company's unit sales/market share in a region is not fixed amount but rather is an amount that varies from "big" (when the differences are "small") to "zero" (when the S/Q ratings of rivals are identical).
The statement that is false is A) Tiny cross-company differences on a highly influential competitive factor ... nearly always have a bigger impact on company sales/market shares in a region than do large differences on less influential competitive factors.
Why is this statement false?When it comes to competitor factors, the tiny differences seen on a highly influential competitive factor are usually quite small in impact.
It is the large differences on less influential competitive factors that usually have a bigger impact on a company's sales and market share.
In conclusion, option A is correct.
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The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as _____.
A cost of attendance encompasses the full cost of attendance to an institute of higher education, including tuition, room and board, books etc
What is a cost of attendance?This means the college's total estimated expenses for a year which includes tuition, room and board, books, supplies, transportation, loan fees, miscellaneous expenses etc.
These cost is used also used to determine each student's eligibility for financial aid such as grants and loans.
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Marietta opts into a Target app. When she enters a Target store, small Bluetooth devices scattered throughout the store send signals to her phone with personalized deals and information. This is an example of ______ technology.
a. tag.
b. RFID.
c. alien.
d. beacon.
Assuming small Bluetooth devices scattered throughout the store send signals to her phone. This is an example of d. beacon technology.
What is beacon technology?Beacon technology can be defined as a tiny or small wireless transmitter technology that help to send signals to devices.
One of the example of beacon is blutooth devices. Despite small in size they help to send signal to phone or user device and they as well makes use of low energy.
Inconclusion this is an example of d. beacon technology.
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If technology needs invests $1,200,000 today at 6% annual interest and the money is compounded semiannually, how much will be in the bank account one year from the date invested?.
Answer:
1,348,320
Explanation:
[tex]1,200,000(1.06)^2[/tex]
since it is semiannually, this means that it is twice a year, therefore we would set the percentage rate, which is rewritten as 1.06, since it is a gain, and not a loss, to 2.
1,348,320$, will be in the bank account one year from the date invested.
What is compound interest?Interest earned on previously earned interest Because compound interest earns interest on both the initial deposit and any prior interest, it generates a greater return than simple interest. The interest that is solely paid on the amount invested is known as a simple interest rate.
Compound interest, on the other hand, accrues interest on both the original investment and any prior interest.
Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit.
It occurs when interest is reinvested, or added to the loaned capital rather than paid out, or when the borrower is required to pay it so that interest is generated the next period on the principal amount plus any accumulated interest. In finance and economics, compound interest is common.
The formula of compound interest A = [tex]P (1 + r/n)^nt[/tex] Where
A = Final amount
P = Principal amount
r = annual rate of interest
n = how many times interest is compounded per year
t = How long the money is deposited or borrowed (in years) the answer is 1,348,320
Since it occurs twice a year and is semiannual, we would set the percentage rate, which is now represented as 1.06, to 2 since it is a gain rather than a loss.
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In designing the organization:________.
A) the initial design is usually complicated.
B) poor design is a significant cause for business failure since the entrepreneur often performs all organization functions themselves.
C) the entrepreneur easily transitions from a growing start-up to a growing, well-managed business.
D) as the workload increases the organizational structure will contract.
When designing the organization, poor design is the significant cause for business failure, as the entrepreneur often alone performs all the functions of the organization.
What is organizational structure?Corresponds to a representation of how organizational activities and resources are performed in an organization to achieve objectives and goals.
Therefore, it is through the organizational structure that the job positions, functions, departments and hierarchy of the company are designed, aligned with its needs and strategy.
The correct answer is:
B) Poor design is a significant cause for business failure since the entrepreneur often performs all organization functions themselves.
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If the u. S. Dollar appreciates and prices remain the same at home and abroad, foreign goods become ________ expensive relative to american goods, pushing the u. S. Trade balance toward ________.
If the u. S. Dollar appreciates and prices remain the same at home and abroad, foreign goods become less expensive relative to American goods, pushing the U. S. Trade balance toward a deficit.
What does it mean when a currency appreciates?A currency appreciates when the value of the currency increases. For example if $1 is equivalent to 1000 rubles. If the US dollar appreciates, it can buy more rubles. For example 1200 rubles.
When a currency appreciates, it purchasing power increases. Thus, import would increase and export would reduce. This would lead to a negative trade balance.
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True or False: Savings accounts generally offer a higher yield than money market accounts
Current liabilities include ______. Multiple select question. accounts payable wages payable interest receivable 5 year bonds due in 2 years 10 years bonds due in 5 months
Current liabilities include current liabilities and 10 years bonds due in 5 months.
What are current liabilities?Current liabilities are obligations that a company owes other entities. This obligations would be paid withing a year.
Current liabilities include:
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A cost center's performance report does not include ______. Multiple select question. costs revenue variances net operating income
A cost center performance does not include:
revenuenet operating incomeWhat is a cost center performance?This is the type of costing that is usually done in order to determine cost variance.
This type of costing is done to compare the standard cost and the quantity of a given product.
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Check my answer please! A house worth $180,000 has a coinsurance clause of 75 percent. The owners insure the property for $101,250. They then have a loss that results in a $50,000 claim. They will receive $_____ .00 from insurance.
I got $21093.75 but it says I'm incorrect?
Answer:
I've done the math and got 37,500.
Calvin deposits $400 in a savings account that accrues 5% interest compounded monthly. after c years, calvin has $658.80. makayla deposits $300 in a different savings account that accrues 6% interest compounded quarterly. after m years, makayla has $613.04. what is the approximate difference in the number of years that calvin and makayla have their money invested? makayla invests her money 1 year longer. makayla invests her money 2 years longer. calvin invests his money 1 year longer. calvin invests his money 2 years longer.
According to equation, the approximate difference between Calvin and Makayla's number of years of money invested is 2 years.
What is compound interest?
Compound interest is refers to an amount implemented on the principal amount along wit the accumulated interest with a fixed rate of interest for a time period.
Solution:-
Given Information:
Calvin deposits= $400Interest rate=5%final amount Calvin =$658.80
Here, Compound interest= A=P (1+r/t)t
Monthly compound interest,
658.8=400(1+5/12*100)12c
658.8/400=(1205/1200)12c
c=10 years
Now Makayla deposits $300 in a different savings account that accrues 6% interest compounded quarterly. The final amount she gets is $613.4 in m years. Thus,
613.4=300(1+6/12*100)12m
613.4/300=(1206/1200)12m
c=12 years.
Thus, the approximate difference in the number of years that Calvin and Makayla have their money invested is 2 years.
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Answer:
B. Makayla invests her money 2 years longer.
Explanation:
According to the text, during much of the Cold War period, most writing on the subject was dominated by the idea of __________, which was largely defined in __________ terms.
a. internal security . . . gendered
b. national security . . . militarized
c. state security . . . domestic political
d. international security . . . economic
Capital Chemicals Corp. recently faced a legal hassle after which many of its process operators resigned voluntarily. Thereafter, the company faced a shortage of efficient and experienced process operators. Which of the following kinds of turnovers does this scenario exemplify?A) Dysfunctional turnover.
B) Reactive turnover.
C) Regressive turnover.
D) Functional turnover.
Answer: Dysfunctional turnover
Explanation:
The overriding reason why households and societies face many decisions is that.
Answer:
Resources are scarce.
Explanation:
The Overriding reason why households and societies face many decisions is that Ans: Resources are scarce. We have scarcity of resources, hence the management of the same is crucial.
I am with the girl of my dreams, and I couldn't be happier!
Nice bro
YesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesv
Answer:
Gj <333
Explanation:
explain the former assembly and meeting
Answer:
a company of persons gathered for deliberation and legislation, worship, or entertainment is known as formal assembly.
A meeting is a gathering of two or more people that has been convened for the purpose of achieving a common goal through verbal interaction, such as sharing information or reaching agreement.
NEED HELP ASAP
firms make decisions based on the decisions of other firms in the market in
1) a monopolistic industry
2) a perfectly competitive industry.
3) an oligopolistic industry 4) monopolistically competitive industry
Professionally managed and centrally coordinated marketing channels that are designed to achieve channel economies and maximize marketing impact are known as Blank______.
Vertical marketing systems are professionally managed and centrally coordinated marketing channels that are designed to achieve channel savings and maximize marketing impact.
How do vertical marketing systems work?The distribution channel system is organized and structured, where there is the integration and collaboration of wholesalers and retailers to increase the quality and speed with which the product reaches the end customer.
Therefore, this is a strategy implemented to generate value for the consumer, competitiveness and market positioning.
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Money
Type of
Account
Description
Description
Typical
Interest Rate
Typically
Minimum
Balance
Add to
balance
regularly?
Is it FDIC
insured?
Write
checks/
pay bills
directly?
stuck for
a set
time?
Traditional
Savings
Account
Online
Savings
Account
Certificate
of Deposit
I
Money
Market
Account
Answer:
you put which place the name goes under like if u had ur own bank account
Answer:
I have that same assignment. Went looking at the answers and its not even nothing there.
Explanation:
Which of the following is an example of an asset?
-mortgage
-investment account
-credit card debt
-car loan
I believe it would be
B: investment account