A firm should operate in the short run when losing money if its marginal revenue is above average variable cost: as it enables the firm to cover variable costs and some fixed costs, thus minimizing losses.
In the short run, a firm should continue to operate even if it is losing money, as long as the marginal revenue exceeds the average variable cost. This situation allows the firm to cover all of its variable costs and contribute towards some of its fixed costs with the remaining revenue. By doing so, the firm minimizes its losses in the short run, as opposed to shutting down and bearing the full burden of its fixed costs.
If a company cannot cover all of its variable costs, it is losing more money by continuing to operate than by temporarily shutting down in the short run. In this case, the firm's marginal revenue is not enough to cover the average variable cost, making it economically unviable to continue operations. The firm should reevaluate its cost structure, pricing strategy, and market conditions to determine if it can become profitable in the long run.
In summary, a firm should operate in the short run when losing money if its marginal revenue is above average variable cost, as it enables the firm to cover variable costs and some fixed costs, thus minimizing losses. If it cannot cover all variable costs, it is more advantageous to shut down in the short run and reassess the firm's position in the market.
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To support the other promotional efforts, firms use ________ to generate free media attention.
In order to support other promotional methods, firms would try to generate free media attention using Public Relations.
What is the use of public relations?Public relations is used by companies to talk about recent developments such as new products.
This therefore generates free media attention that can then be augmented by, or augment other promotional efforts such as television ads.
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According to the pie chart, which function consumed the largest portion of government expenditures in 2003
According to the pie chart, providing retirement income for older citizens consumed the largest portion of government expenditures in 2003. It takes up about 22% of the whole expenditure.
What does retirement income entail?Social Security payouts and any other benefits from annuities, retirement or profit-sharing plans, insurance policies, IRAs, etc. are all examples of sources of retirement income.
Income from retirement may be wholly or partially taxed.
What Constitutes a Good Retirement Income?
Approximately 80% of your pre-tax salary before retiring, according to AARP, is a respectable retirement income. This is due to the fact that you won't be covering any income tax or other employment-related expenses once you stop working.
Where Does the Money for Retirement Come From?
There are many different ways for people to fund their retirement. These might include inflation-protective investment accounts, government-sponsored benefits, or ongoing wages. In general, it's better to have a variety of these kinds of income to make sure you have enough to live comfortably.
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Which term represents a set of tasks or activities that produce desired outcomes?
a. business process
b. trigger
c. outcome
d. enterprise resource planning
e. none of the above
Business process represents a set of tasks or activities that produce desired outcomes. A business process is a series of steps taken by a group of stakeholders to accomplish a specific goal. Each step of a business process represents a task assigned to a participant.
It serves as the foundation for several related concepts such as business process management, process automation, and so on. Business process management (BPM) is a systematic approach to improving processes that assists organizations in meeting their business objectives. If a company is unable to perform certain business activities internally due to cost or resource constraints, it may turn to business process outsourcing.
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A company with a narrow span of control, which tends to have many managerial levels and a long chainof command, is said to have a ______ organizational structure
A company with a narrow span of control, which tends to have many managerial levels and a long chain of command, is said to have a tall organizational structure.
In general, large organizations are very complex. This means that if the market changes, managers have much less control and these organizations can react slower than usual.
A large organizational structure means that management is divided into several levels, with executives at the top and full-time employees at the bottom. The top-down structure is another way of referring to large organizational structures.
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The problem with using the product life cycle concept is that no one can predict the shape that the product's life cycle will take; therefore, it is impossible to know Blank______
The problem with using the product life cycle concept is that no one can predict the shape that the product's life cycle will take; therefore, it is impossible to know which stage the product is in.
Product Life CycleThe time span between a product's first release to consumers and its eventual withdrawal from the market is known as its life cycle. Four stages—introduction, growth, maturity, and decline—are typically used to describe a product's life cycle.Demand rises after a product is released effectively to the market, which boosts its appeal. In the end, these more recent products replace older ones by driving them off the market. As sales of a new product rise, companies typically reduce their marketing efforts. This is a result of a decrease in the product's the production and marketing costs. The product might be completely removed from the market when demand for it declines.
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A leader who initiates change in a company by enhancing the culture of the work environment is using?
A leader who initiates change in a company by enhancing the culture of the work environment is using transformational leadership.
Leadership as both a field of study and practical skills includes the ability of an individual, group, or organization to "lead, influence, or direct" another individual, team, or organization as a whole. The word "leadership" is a common controversial term.
A leader is someone who is responsible for persuading others to follow you. Great leaders instill confidence in others and put them into action. The leader is the head or girl who runs the show.
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Rottino Company purchased a new machine on October 1, 2014, at a cost of $150,000. The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5-year life.
Compute the depreciation expense under the following methods for the year indicated.
a. Straight-line for 2014
b.Units-of-activity for 2014, assuming machine usage was 1,700 hours.
c. Declining -balance using double the straight-line rate for 2014 and 2015.
Answer:
Explanation:
the answer does not make sense
In a small open economy, if the world real interest rate is above the rate at which national saving equals domestic investment, then there will be a trade ______ and ______ net capital outflow.
In a small open economy, if the world real interest rate is above the rate at which national saving equals domestic investment, then there will be a trade deficit and positive / zero / negative net capital outflow.
The Department of Economic Affairs, Ministry of Finance, Government of India, oversees the National Savings Institute. The Institute is responsible for mobilizing deposits in the government of India's national savings schemes, which are run by selected banks and post offices across the nation. The Institute engages in a variety of activities for the promotion and mobilization of savings, including national-level promotion of the schemes, data collection and collation, inspection by the Department of Economic Affairs to assess whether small savings rules are being implemented by post offices and banks, liaison and coordination with the State Governments, Banks, Department of Posts, and Extension Agencies, and forecasting of collections for better cash flow.
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In a local school, vending machines offer a range of drinks from juices to sports drinks. The purchasing agent thinks each type of drink is equally favored among the students buying drinks from the machines. The recent purchasing choices from the vending machines are shown in the table
Based on the table on the different drinks offered by the vending machines, the number of each drink you can expect to get is 170 drinks,
What is the expected number of each drink?The expected number of each drink can be found as:
= Total number of drinks purchased / Number of drink choices
Solving gives:
= (159 + 198 + 174 + 149) / 4
= 680 / 4
= 170 drinks
Question is:
According to the purchasing agent, how many of each drink should you expect to get?
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If business planning predicts that your gross margins will be small, you would be best advised to:______
If a business predicts that its gross margins are going to be low they can try to increase sales and alternatively they can cut the other costs to have a positive net profit margin.
What is Gross Profit Margin?Gross Profit Margin is the percentage of the Gross Profit as compared to Revenue, Gross profit is calculated as the revenue deduct cost of goods sold.
The sales can be increased by excessive marketing of the product and the cost of admin, finance cost and other irrelevant costs can be cut down to have a positive net profit margin.
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Imagine a world where we run out of internet "real estate" or ip addresses. What do you think would happen? how does this compare to an internet that is limitless?
As the IPv4 cope with pool depletes, some ISPs will no longer be able to provide globally routable IPv4 addresses to customers. despite the fact that, customers are probable to require access to services at the IPv4 internet.
The net is extra constrained by the combination of available bandwidth, and sorts of content getting used, than by way of the wide variety of public ip's available.
There also are markets that promote and reallocate vintage IPv4 addresses for reuse. However, most importantly, the net will never virtually run out of IP addresses way to a more moderen widespread: IPv6.
The internet has changed business, schooling, authorities, healthcare, and even the ways wherein we interact with our cherished ones it has come to be one of the key drivers of social evolution. The changes in social conversation are of precise significance.
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The irr rule can lead to bad decisions when cash flows are _____ or projects are mutually exclusive.
The IRR rule can lead to a business making a bad decision if the projects are mutually exclusive and if cashflows are not conventional.
What is the IRR rule?This is a rule in capital budgeting that uses a rate which equates the Net Present Value of a project to zero.
The problem with this method is that if the cash inflows are not conventional, the IRR might make a project seem less profitable than it is which could lead to it being rejected.
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The purpose of environmental scanning is to:
Environmental scanning is the process of gathering information about events and their relationships within an organization's internal and external environments. The basic purpose of environmental scanning is to help management determine the future direction of the organization.
A shift in the political climate ought to cause a financial shift. An alternate in the legal regulations across the sale or manufacture of products in a specific industry could play a full-size function in a corporation's capability to keep making or promoting its merchandise.
Depending on the employer's beliefs approximately environmental analyzability and the quantity that it intrudes into the environment to understand it, four modes of scanning may be differentiated: undirected viewing conditioned viewing, enacting, and searching.
Environmental scanning is a procedure that systematically surveys and interprets applicable data to pick out external possibilities and threats that would affect future decisions. it's miles closely associated with a S.W.O.T. evaluation and must be used as a part of the strategic making plans procedure.
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Strategies to reduce costs and expenditures, such as the rationing of care, very likely will have an adverse effect on
Strategies to reduce costs and expenditures, such as the rationing of care, very likely will have an adverse effect on quality.
A cost is what?
A cost is a sum expended to purchase an object. It usually refers to a one-time payment for the acquisition of a fixed asset, which is an asset purchased for long-term usage and not easily convertible into cash, such as land, buildings, and equipment. Prepaid expenses, like prepaying for insurance, can also be referred to as costs.
What exactly is an expense?
While costs are typically one-time payments, expenses are better thought of as monthly payments made to support continuing corporate activities. The ability of a corporation to earn revenues depends on these payments. The amount by which revenues or profits surpass operating costs and expenses, or profitability ratios, is directly impacted by spending.
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You are using earned value analysis to track your project's progress. In your project, earned value is higher than planned value. That means the project is _____.
In your project, the earned value is greater than the planned value. This means the project is ahead of schedule and under budget.
What is project management?It is the set of strategies and methods used by the project leader so that all stages of the project occur as planned, that is, techniques for achieving the project objectives, reducing negative risks and using the stipulated budget and schedule.
Therefore, it is essential that the project manager is monitoring all stages of the project, reducing unnecessary costs and integrating the team to increase productivity and meet the schedule.
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Which of these goods may be considered rivalrous in consumption and nonexcludable?
a) wilderness areas
b) national defense
c) broadcast television reception
d) fire insurance
Answer:
A
Explanation:
step by step explanation
For which classification of consumer goods would consumers expend the most effort as they attempt to make just the right choice?
The consumer goods for which the consumer expand the most effort according to convenience ,their shopping preferences which can be either services or the non durable ,durable goods to make correct choice.
Consumer goods are also known as final or the end product. Producer goods are the one used in production processes and are not sold directly to consumers. Whereas, convenience or consumer goods are classified as durable and non durable goods that are consumed on a daily basis available for immediate purchase .
It is, very simply said, the public-facing promotion of your items. Marketing emphasizes focusing on the individual customer, as opposed to organizations that sell your goods on your behalf.
Therefore, the consumer goods for which the consumer expand the most effort according to convenience ,their shopping preferences which can be either services or the non durable ,durable goods to make correct choice.
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Current disposable income held to buy consumption goods in the future is referred to as:______.
A. saving.B. future consumption.C. savings.D. autonomous consumption.
The current disposable income held to buy consumption goods in the future is referred to as saving.
Consumables are goods that are best suited for their end use. In other words, the end-user of consumer goods is the consumer themselves, and capital goods are the goods used to manufacture consumer goods.
Common examples include food, drink, clothing, shoes, and gasoline. Consumer services are usually intangible products or actions that are produced and consumed simultaneously.
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Compared to the other classifications of consumer products, shopping products are:_________
Compared to the other classifications of consumer products, shopping products are: widely available. This is further explained below.
What are consumer products?Generally, Examples of things that fall under the category of consumer goods include food, clothing, and jewelry. Because they must first undergo processing before they can be deemed consumer goods, fundamental or raw elements like copper are not included in this category.
In conclusion, When compared to the other categories of consumer goods, shopping items have the following characteristic: they are easily accessible.
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The conviction of CEO Jeffrey Skilling for fraud, conspiracy, and insider trading addressed: a.Ethical failings at the societal level b.Ethical failings at the industry level c.Ethical failings at the individual level d.Ethical failings at the organizational level
The conviction of CEO Jeffrey Skilling for fraud, conspiracy, and insider trading addressed ethical failings at the individual level.
b) Option is correct
What is Ethical failings at the individual level?Although ethics may initially seem to be a personal problem, it is actually a process that involves everyone. You can feel a lot of pressure to act unethically from coworkers, superiors, or any other aspect of the workplace culture. People may hate these requirements and try to dodge the issues.
Ethical principles are generally institutionalized into laws and regulations when there is widespread agreement about a violation, such as laws. These laws, along with occasionally unwritten societal conventions and beliefs, influence the local context in which people operate and do business. Values and opinions are influenced by a person's family, neighborhood, friends, local and global culture, society, religion, or other types of communities.
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A number of countries in the world have achieved sustained economic growth. In all of these countries, what is the source of this growth?.
The source of sustainable growth comes from the country's productivity growth aligned with the growth of the workforce.
How does economic growth occur?Economic growth comes from economic strategies and policies to encourage productivity, increasing a country's per capita income and GDP. It is essential that the country's government seeks to implement the economic sector by encouraging entrepreneurship, reducing bureaucratization and training the workforce.
Therefore, sustainable economic growth helps to maintain income, job opportunities and increase the quality of life of citizens.
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Which industry are entrepreneurs drawn to because the industry offers the highest return on time invested and appeals to the talent and innovation that many small enterprises typify?
Entrepreneurs are drawn to the services industry to open their new businesses because this industry offers the highest return on time invested and appeals to the talent and innovation that many small enterprises typify.
An entrepreneur is an individual who creates a brand new business, bearing most of the risks and playing a maximum of the rewards. The method of setting up a business is referred to as entrepreneurship. The entrepreneur is normally seen as an innovator, a supply of new thoughts, goods, offerings, and commercial enterprise/or processes.
Examples of entrepreneurs encompass invoice Gates, Steve Jobs, Mark Zuckerberg, Pierre Omidyar, Arianna Huffington, and Caterina fake. important traits of hit entrepreneurs consist of threat taking, creativity, initiative, hassle fixing, organizational capabilities, conversation, and independence.
A study by means of American explicit OPEN determined that extra than half of the entrepreneurs surveyed were paying themselves a full-time revenue, and typically making $ 68,000 a yr. That variety rises and falls from 12 months to year, however, hovers around $70,000.
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The ______ can offer direct loans to farmers and ranchers. The loans are funded by congressional appropriation. Unset starred question American Agricultural Lending Service Farm Credit System USDA Farm Service Agency USDA Rural Development Program
The USDA Farm Service Agency can offer direct loans to farmers and ranchers. The loans are funded by congressional appropriation.
The USDA Farm Services Agency (FSA) promotes efficient farms and ranches, reasonably priced food, fuel, and other agricultural products, as well as the protection of our natural resources.
In Tennessee, 59 county offices and 8 farm loan teams distribute farm loans, agriculture programs, conservation incentives, price supports, and catastrophe aid.
The Farm Service Agency (FSA) is a division of the United States Department of Agriculture (USDA) that offers effective and efficient agricultural programs to all Americans while also serving all farmers, ranchers, and agricultural partners.
Hence, The USDA Farm Service Agency can offer direct loans to farmers and ranchers. The loans are funded by congressional appropriation.
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When a customer asks me to do something that is someone else’s job, I am MOST likely to:________
a) Find the appropriate employee and introduce them to the customer
b) Escalate the customer to my manager so that they receive all the assistance they need
c) Give them the contact information for appropriate person
d) Do what I can for the customer, even if it means doing things that are not my job
e) Politely tell the customer that I am not allowed to do what they are asking me
When a customer asks for something other than my duty I am most likely to : A) Find the appropriate employee and introduce them to customer.
What is a Customer?A customer is the person who purchase the goods and or services from the company, through this contract the company earns revenue and profits.
A customer is also known as the King because it is the one who is the key player for the business, a slight negative publicity or impression can make the company go out of business.
Therefore the customer should be responded with the correct response to their queries and for this it is recommended that the relevant personnel attends the customer and resolves the query on time, as time is also a great factor here, the customer query needs to be resolved on time that is effective and efficient.
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Yesterday you participated in a job shadowing event (una pasantÃa) where you chose a career person to follow and observe a day in their life.
An internship is an opportunity to experience a job for a day to get involved in all it with all activities required to perform that job.
What is an internship?An internship is a term for a low-paying internship that some professionals do to gain field experience.
The internship we would choose would be one day working in the health sector. For example, we would follow a doctor's routine. In general, one of the advantages of this work is that the doctor helps his patients by providing solutions for their health problems. However, a disadvantage is that in some cases the health of his patients is very deteriorated and he has no way of fully helping them.
What are the five sentences in Spanish related to the internship?1. Seleccionaría una carrera relacionada con el sector de la salud.
2. Seguiría la rutina diaria de un médico.
3. La ventaja de ser medico, es ayudar a sus pacientes a mejorar su salud.
4. La desventaja de ser médico, es que no podemos ayudar de igual manera a todos los pacientes.
5. Esta profesión es muy importante porque se trata de salvar vida y prevenir daños graves.
What information can be obtained in this internship?According to the questions in the statement, I chose the internship with a professional athlete, specifically a cyclist.
In this job there are advantages related to health and well-being that constant exercise brings. However, this is also a problematic aspect because it can cause injuries and discomfort in the body.
Your question is incomplete, but most probably your full question was:
Yesterday you participated in a job shadowing event (una pasantÃa) where you chose a career person to follow and observe a day in their life.
In 5 detailed sentences in Spanish, recount the day's events as best as you can.
Which career did you choose? (seleccionar)
Who did you follow? (seguir)
What is a benefit (ventaja) and a drawback (desventaja) of working in that profession?
Your response must contain at least 5 detailed and complete sentences in Spanish.
Your response needs to be at least 30 seconds in length in Spanish primarily using the preterite tense.
You will be graded on (a) message delivery/comprehension, (b) control of target grammar structures, (c) pronunciation, (d) control of target vocabulary, and (e) task completion per the World Languages Speaking Rubric.
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During the financial crisis congress and president obama authorized tax cuts and increases in government spending. according to the phillips curve, in the short run these policies should have_________.
According to the Phillips curve, in the short run, these policies should have Raised inflation and reduced unemployment.
The Phillips curve is an economic theory that bears the name of William Phillips, who postulated a link between declining unemployment and higher rates of wage growth in an economy. According to the Phillips curve, unemployment and inflation are inversely related. Lower unemployment is correlated with higher inflation, and vice versa.
The short-run Phillips curve will also change as a result of the anticipated inflation rate. Employers are more willing to offer higher wage rates when they anticipate selling their products for greater prices in the future. Workers bargain for higher salary rates when they anticipate inflation.
The Phillips curve's slope reveals how quickly prices are changing. Imagine that the government wants to bring the inflation rate to zero and that the economy is at NAIRU with a 3% inflation rate.
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Amazon’s home delivery of groceries and Instacart’s delivery of Whole Foods items are found where on the market development curve?
a) Early adopters b) Innovators c) Laggards d) Late majority
The home delivery of groceries by Amazon and Instacart's Whole Foods delivery fall under the market development curve of a. Early adopters.
Who are the early adopters?These are people who are the first to try out a product before the rest of the market.
Amazon's grocery delivery service is a new service being offered by the company so those that use it are the first to use it which makes them early adopters.
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What term is used to refer to crimes committed by individuals in the course of their daily business activities
White-collar crimes is used to refer to crimes committed by individuals in the course of their daily business activities.
Financially driven, nonviolent or indirectly violent crime committed by people, businesses, or government officials is referred to as "white-collar crime." Public corruption, healthcare fraud, mortgage fraud, securities fraud, and money laundering are just a few examples of white-collar crime, which is often non-violent in nature.
White collar crimes are those that involve deception, secrecy, or breach of trust. They are done by people in the business world. The personnel who perpetrate the crimes are typically motivated by greed for money or by a fear of losing their jobs, money, or property. They typically involve deception.
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A syndicate distributes shares in an IPO with an effective date of February 10. Corporate securities are delivered by the issuer to syndicate members on February 7. The syndicate exercises a greenshoe option on February 15. By what date must the syndicate manager complete final settlement of syndicate accounts
Within 90 days after February 7. The 90-day clock begins on the syndicate settlement date, the date on which corporate securities of a public offering are delivered by the issuer to syndicate members. No later than the final settlement date, the syndicate manager must provide each underwriter with an itemized statement of all costs and allocations.
An IPO is what?
An initial public offering (IPO) denotes a company's "turning public," or change from private to public ownership.
An initial public offering is when a private firm offers its first equity to the general public (IPO). A company's ownership is essentially changing from private ownership to public ownership through an IPO. Because of this, the IPO procedure is occasionally referred to as "going public."
For businesses whose stocks are already traded publicly, there are additional forms of equity fresh issue offers outside IPOs, such as:
Continuation of the offering:
a corporation issuing more stock that is already traded publicly.A follow-on offering dilutes a person's position since new shares are issued.Secondary offering:
a registered sale of previously issued securities held by substantial investors, like a private equity firm or another institution.Since the shares were already issued, a secondary offering has no dilutive effect on a customer's stake.Learn more about IPO with the help of the given link:
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Lucky has just inherited a rental house from his grandmother, which is great timing because he needed a place to live. the house has a tenant, so he can move in ________________.
Lucky has just inherited a rental house from his grandmother, which is great timing because he needed a place to live. the house has a tenant, so he can move in After the lease has ended and the tenant has moved out
This is further explained below.
What is the rental house?Generally, Homes bought by an investor and leased to tenants under some other kind of rental arrangement are referred to as residential rental property.
In conclusion, Lucky's grandma just passed away, and as a result, he has inherited a rental property from her. This comes at an excellent time for Lucky, since he has been looking for a new home. Since there is already a renter in the residence, he is free to move in. After the term of the lease has expired and the tenant has left the premises
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