Explanation:
If marginal revenue is greater than marginal cost, a firm will produce that unit of output because it can make a profit on that last unit of output. A firm will not produce that last unit of output where marginal revenue is less than marginal cost because a loss would be made on that last unit of output
Enumeration: Give the top five (5) known families who owned the big Corporations in
the Philippines.
Answer:
The top five (5) known families who owned the big Corporations in the Philippines are discussed below in details.
Explanation:
The Philippines’ market world is controlled by a few prominent business families that have stakes in nearly every perspective of economics, from strength and mechanisms to real estate and production.
FAMILY-OWNED corporations continued to control the Philippine industry landscape.
The top five (5) known families who owned the big Corporations in the Philippines are:
The Sy FamilyThe Lopez FamilyThe Gokongwei FamilyThe Ayala FamilyThe Aboitiz FamilyThe correct statement is that the top five Philippines' families which are the owners of big corporations are
Lopez FamilyGokongwei familySy FamilyAboitiz familyAyala FamilyThese families are the owners of one of the biggest corporate houses that exist in the Philippines and still continue to dominate the nation's economic policies.
Family CorporationsThe families as mentioned above are indirectly the runners of the country's economy, owing to which there exists a big amount of corruption in the nation. As the families have subsequent powers under their control, it is said to be running the country for a prolonged period of generations now.Hence, the families like Sy family, Gokongwei family, Ayala family, Aboitiz family and Lopez family own big corporations in the Philippines.
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Question 4 of 10
How does money function as a medium of exchange?
A. It has a value that is set and changed by the government.
B. It allows people to buy, sell, and trade goods efficiently.
C. It can be used to compare the value of different products.
O
D. It can be made of paper, metal, or many other materials.
Answer:
B. It allows people to buy, sell, and trade goods efficiently.
Explanation:
Medium of exchange refers to an intermediary instrument used to facilitate trade or the transfer of goods and services between parties. An item must be acceptable by the parties involved in the transaction to be used as a medium of exchange. It should represent a fair standard of value.
Money is the most widely used and accepted medium of exchange. It facilitates an easy and quick transfer of goods and services between buyers and sellers. Without money, the selling of goods and services would be conducted on barter trade. Money as a medium of exchange facilitates smooth transactions in business.
Money function as a medium of exchange allows people to buy, sell, and trade goods efficiently. Thus, option B is appropriate.
Money is a centralized, widely recognized, acknowledged, and applied means of exchange that makes it easier to exchange goods and services. In an economy, money is a form of exchange used for many different types of commodities and services. Each government and each nation has a unique monetary system.
Money has played an essential role as a means of exchange in society since the beginning of time. As a means of exchange, money makes it easier to exchange commodities and services. The exchange of money occurs when producers sell their products to wholesalers.
Thus, option B is correct.
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Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion in year 2, a budget surplus of $10 billion in year 3, and a budget deficit of $2 billion in year 4. Instructions: Enter your answers as a whole number. For the absolute size of the public debt, enter your answer as a positive number. a. What is the absolute size of its public debt in year 4
The absolute size of its public debt in year 4 is 32 billion.
What is the size of public debt?A public debt is created when the government borrows to carry out its activities. The size of public debt increases when there is a deficit and it decrease when there is surplus.
Size of the public debt = $-40 billion + 10 billion - 2billlion = -32 billion
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Monopolistic competition has which drawback compared to a monopoly?
A. Consumers have fewer options for buying new products.
B. Companies have less capital for expensive investments.
C. Prices are more likely to be fixed at high levels.
D. Governments are more likely to regulate them.
Answer:
B. Companies have less capital for expensive investments.
Explanation:
In monopolistic competition, there are many companies that compete in the same market. Each company only has some market power, because most of that power is shared among all of the companies of the market as a whole.
For this reason, companies in monopolistic competition obtain less revenue than companies in monopoly, and this means not only less profit but also less capital for expensive investments.
Answer:
It is, in fact, indeed, most definitely, positively, B
Explanation:
Aggregate demand refers to the relationship between :_________
A. the price level and the quantity of real GDP supplied.
B. prices and the quantity of a good demanded.
C. the price level and the quantity of real GDP demanded.
D. prices and the quantity of a good supplied.
Answer:
C
Explanation:
The higher the price level the higher the result of real GDP demanded
During times of a need, such as following a natural disaster, firms will overcharge for certain items or services, knowing customers will pay the higher cost due to lack of options. This unethical pricing practice is known as:.
The name of unethical practice that firms engage in when they overcharge for certain items or services is known as price gouging.
What is an Unethical Practise?This refers to the behavior which is shown to have no honor and respect for due process and is usually done in order to make a quick profit to the detriment of others.
Hence, we can see that when there are natural disasters or situations when there are uncertain situations, some firms actually overcharge for certain items or services, knowing customers will pay the higher cost due to a lack of options and this is known as price gouging.
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Businesses in the nation of Islandia have been accumulating cash because they have a pessimistic outlook of the national economy. Due to recent changes in the economic outlook of Islandia, business leaders have started investing some of their accumulated cash. Instructions: Enter your answers as a whole number. Use a positive number to show an increase and a negative number to show a decrease. a. If business leaders invest a total of $30 billion of accumulated cash, what is the maximum expected change in GDP if Islandia's marginal propensity to consume is 0.8
The maximum expected change in GDP if Islandia's marginal propensity to consume (MPC) is 0.8 is: $150 billion.
Maximum expected change in GDPFirst step is to find the Multiplier
Multiplier= 1/(1 − MPC)
Multiplier = 1/(1 − 0.80)
Multiplier= 1/0.20
Multiplier=5
Second step
Maximum expected change = 5 × $30 billion
Maximum expected change = $150 billion
Inconclusion the maximum expected change in GDP if Islandia's marginal propensity to consume (MPC) is 0.8 is: $150 billion.
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A leader's use of power can influence his or her overall effectiveness as a strategic manager. Which of these statements is true? a. Edward Wrapp says that effective leaders should use their power in a dictatorial fashion to ensure team members understand who the final decision maker is. b. Jeffrey Pfeffer explains that ultimately a manager's power comes from his or her control over resources, such as budgets, capital, positions, information, and knowledge. c. Jeffrey Pfeffer believes that only those with a title and official position can exert power within an organization. d. Edward Wrapp argues that organizational leaders do not have anything in common with political leaders and should not behave democratically.
Answer:
b. Jeffrey Pfeffer explains that ultimately a manager's power comes from his or her control over resources, such as budgets, capital, positions, information, and knowledge.
Explanation:
A true leader does not believe in dictatorship, rather believes in team work. When a leader uses his information received from various sources he creates an understanding with the current and expected performance standards of the company.
This provides for the use of resources like reports in the form of budgets, available understanding of finances of company etc:
A true manager or leader shall use his understanding on the company requirements and possible opportunities.
Thus, option B provides for the same.
Which of these careers sound interesting to you? Check all that apply.
Farmworker
Veterinarian
Animal Trainer
Agricultural Inspector
Food Scientist
Farm Equipment Mechanic
Forester
Environmental Engineer
Answer:
this is a personal question, just pick what ever you're interested on.
hope it helps.
Farmworker, veterinarian, and animal trainer all sound like interesting occupations to me. Thus, the answers (A), (B), and (C) are accurate.
What do you know about Animal Trainer?Animal training is the process of teaching animals precise reactions to particular circumstances or stimuli. Training may be done for friendship, detection, protection, or even enjoyment.
Depending on the training technique employed and the goal for which the animal is being trained, the sort of training an animal receives will differ. A seeing-eye dog, for instance, will be trained to accomplish a different aim than a wild animal in a circus.
There are organizations that certify animal trainers in some nations. They don't have any common objectives or specifications, and they don't stop anyone from using the title or working with animals. Similar to other countries, the United States does not demand any particular accreditation from those who train animals.
The natural actions of an animal should be taken into account by an animal trainer.
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Volunteering at an animal shelter is a great way to
demonstrate your passion for helping others
develop additional computer skills
earn money to pay for college tuition
show you have become skillful at studying
When we volunteer at an animal shelter, this is a great way to demonstrate your passion for helping others.
What does volunteerism show?Volunteerism refers to work that we are not paid for and are only doing in order to help others.
When we volunteer in an animal shelter therefore, it means that we are helping out others, be they animals or humans who need animal companions.
In conclusion, option A is correct.
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Answer: A - demonstrate your passion for helping others.
Explanation:
I got it right on my test.
why is the sun cold how can my fish walk and why does my dog talk
Answer:
bro what ???
Explanation:
the sun is cold because is out in space(space=cold)
The perspectives expressed in the public service announcements suggest that popular interest in environmental issues such as smog control emerged most directly from.
The perspectives that was expressed in the public service announcements emerged from a greater awareness of impacts of abuses of natural resources.
Wnat is perspective?It should be noted that perspective simply means the point of view of an individual regarding a particular issue.
In this case, the perspectives that was expressed in the public service announcements emerged from a greater awareness of impacts of abuses of natural resources.
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The strategy of making work interesting and motivating employees by moving them from one job to another is called job:.
The strategy of making work interesting and motivating employees by moving them from one job to another is called job rotation
What is job rotation?Job rotation is an employee management method where employees move between two or more job functions. An advantage of job rotation is that it allows employees to have more skills than they would have if they focused on only one job function.
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If the fed raised the reserve requirement, the demand for reserves would.
In a scenario where the fed raise the reserve requirement, the demand for reserves would increase.
What is a reserve requirement?A reserve requirement simply means the amount of money that banks are expected to keep with the central bank.
It should be noted that when the fed raise the reserve requirement, the demand for reserves would increase, therefore, the federal rates would fall.
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Import quotas are used to help protect domestic companies from foreign competition.
True
False
One of the key underpinnings of public choice analysis is the assumption that politicians and bureaucrats.
Public choice analysis is grounded in the assumption that politicians and bureaucrats make policy decisions based on self-interest, just as individuals and companies do.
What is public choice analysis?It is an analysis used for normative purposes, that is, it seeks to suggest improvements in the constitution after the identification of certain problems.
Therefore, public choice theory focuses on decision-making by influential people such as politicians and bureaucrats to assist in the development of the field, generating greater justice and honesty.
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Determine the due date and the amount of interest due at maturity on the following notes:
Date of Note Face Amount Interest Rate Term of Note
a. January 5 * $90,000 6% 120 days
b. February 15 * 21,000 4 30 days
c. May 19 68,000 8 45 days
d. August 20 34,400 5 90 days
e. October 19 50,000 7 90 days
* Assume a leap year in which February has 29 days.
Assume 360 days in a year when computing the interest.
Note Due Date Interest
(a) May 4
(b) Mar. 16
(c) July 3
(d) Nov. 18
(e) Jan. 17
PLEASE HELP I WILL GIVE BRAINLIEST!!!!!!!!!!!!!!!!!!
Darcy is in charge of selling some old equipment for her company as they clean out their warehouse. A customer offers to pay $6,000 for a set of old printing presses. To ensure she receives the funds, how should Darcy NOT accept payment for these items?
through an electronic funds transfer (EFT)
with cash
with a certified check
with a standard check
Why does supplier competition make it harder for an entrepreneur to be successful
Answer:
because the supplier is already supplying sellers with what the entrepreneur is supposed to be selling and if more people are going to the other suppliers than no one will buy it from the entrepreneur because they can get it from suppliers
Explanation:
sorry if its wrong!
Its gives other entrepreneur advantage over the entrepreneur in question.
Suppliers encompasses people who supplies raw materials, finished goods to the users which can be an organisation or an entrepreneur.
Now, when there is competition, people tends to approach suppliers whose goods are cheaper. This gives some entrepreneur advantage over others because they sells at price at lower than their competitors.A typical example is when a supplier prefers to supply goods to an entrepreneur in an axis based on previous relationship. Other entrepreneur may suffers because they might get the product at higher price from another supplierIn conclusion, if price ceiling are employed, it will make uniform the price at the all suppliers will sell their goods to entrepreneur, hence, no entrepreneur will at higher advantage than others
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What is the relationship between kaizen and the deliberate practice?.
The relationship between Kaizen and the deliberate practice lies on the fact that;
Deliberate practice is frustrating, uncomfortable, and most importantly painful, although it separates those who achieve from those who don’t. Messages from Deliberate PracticeTalent is definitely not enough. Hence, Practice as characterized by hard work is the difference between good and great. Expert performance is characterized by hard work and requires repeated actions. Focus is important, In essence, break the work into manageable parts. Setting goals and perseverance is very important Generating Feedback in the moment.Read more on deliberate practices;
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One reason firms carry inventory is to ______, that is, to use inventory as a buffer between successive internal operations to avoid disruption in the event of equipment breakdowns or accidents.
One reason firms carry inventory is to use inventory as a buffer between successive internal operations
What is inventory?Inventory involves taken records or account of raw materials or resources that are used to produce goods .
It also involves taken account of goods that are available for sale, it helps to know and plan ahead of Productionm
Therefore, One reason firms carry inventory is to use inventory as a buffer between successive internal operations.
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What has too much political references
Many companies have been forced to deal with a type of online fraud that lures their employees into disclosing personal information. The employees receive an email that appears to come from the Internal Revenue Service, demanding confirmation of their Social Security numbers. The message threatens that noncompliance will mean criminal penalties. These employees are victims of ___________________.
If you started a car wash service today but didn't have the funds to pay
for advertising how would you advertise?
The highest salaries and highest foreseeable level of future demand are most likely to be open to
A. STEM professionals
B. tradespeople
C. liberal arts professionals
D. human services professionals
The highest salaries and the highest foreseeable level of future demand are most likely to be open to tradespeople.
Who are the tradespeople?This is the term that is used to refer to the people that are specialized in a particular trade.
Due to the fact that there is an ever rising demand for trade, these people would have the greatest future salary.
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Answer: A.
Explanation:
A term for the top most point of the wave is the
What is a country that wants to increase its gross domestic product trying to
achieve?
A. It wants to increase the value of goods and services it produces.
B. It wants to prevent its currency from gaining or losing value too
quickly.
C. It wants to reduce the number of people who can't find a job.
D. It wants to increase its economic productivity per person in the
country
Answer:
A. It wants to increase the value of goods and services it produces.
Explanation:
GDP is the total value of all commodities and services produced within the country over a given period. Only finished consumer goods are considered when calculating GDP. The GDP value communicates the state of a country's economy. An increase in GDP reflects growth, while a decrease suggests a recession.
When a country wants to increase the GDP value, it is thinking of increasing the value of all commodities and services produced within its boundaries. Increasing GDP is similar to expanding the economy.
Answer:
it wants to increase the value of good and services it produces
Explanation:
Using its aging of accounts receivable, Age Old, Inc. estimates that $90,000 of its $4,000,000 of accounts receivable will be uncollectible. Prior to making its adjusting entry, the unadjusted Allowance for Doubtful Accounts has a credit balance of $1,000. After the adjustment, the:_____.a. Allowance for Doubtful Accounts will have a $90,000 credit balance.b. Bad Debt Expense will equal $90,000.c. Allowance for Doubtful Accounts will have an $89,000 credit balance. d. Allowance for Doubtful Accounts will have a $91,000 credit balance.
Since Age Old, Inc. estimates that $90,000 of its $4,000,000 of accounts receivable will be uncollectible, this implies that, after the adjustment, a. the Allowance for Doubtful Accounts will have a $90,000 credit balance.
What is Aging of Accounts Receivable?Aging of Accounts Receivable can be described as a technique of identifying open accounts receivables depending on the amount of time an invoice has been outstanding.
The importance of the aging of accounts receivables is its employment in ascertaining the allowance for doubtful accounts.
Since Age Old, Inc. estimates that $90,000 of its $4,000,000 of accounts receivable will be uncollectible, the implication of this in aging is that the desired ending credit balance of Allowance for Doubtful Accounts is $90,000.
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Which of the following is not a common type of hazardous mechanical motion?
a) In-running nip points
b) Transversing
c) Shearing
d) Reciprocating
Answer:
option c is your answer!
What happens when the price of a good increases? The quantity of goods that are produced increases. The producer of the good is certain to make less money. The quantity of goods that are produced decreases. The quantity of goods that are produced stays about the sam