A formal process for validating the savings with finance/accounting and evaluating potential budget changes is the best practice in managing supply cost savings. This is correct.
What is accounting and why is it important?Accounting is the measurement, processing, and dissemination of financial and non-financial information about economic organizations such as businesses and corporations. Accounting, sometimes known as the "language of business," measures and conveys the consequences of an organization's economic activities to a diverse set of stakeholders such as investors, creditors, managers, and regulators.
Accounting includes financial accounting, managerial accounting, tax accounting, and cost accounting. Financial accounting is concerned with the reporting of an organization's financial information to external consumers of information, such as investors, regulators, and suppliers, as well as the preparation of financial statements.
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problem 6-24 interest rate risk (lo3) consider two bonds, a 3-year bond paying an annual coupon of 5% and a 10-year bond also with an annual coupon of 5%. both currently sell at a face value of $1,000. now suppose interest rates rise to 10%. what is the new price of the 3-year bonds? note: do not round intermediate calculations. round your answer to 2 decimal places. what is the new price of the 10-year bonds? note: do not round intermediate calculations. round your answer to 2 decimal places. which bonds are more sensitive to a change in interest rates? multiple choice long-term bonds short-term bonds
A 3-year bond paying an annual coupon of 5% and a 10-year bond also with an annual coupon of 5%. both currently sell at a face value of $1,000 and interest rates rise to 10% so the new price of the 3-year bonds is $ 875.65.
Price of a 3 year bond = (10%,3 * interest ) +(10%,3 * face value)
=(2.48685 * 50 ) +(.75131 * 1000)
= 124.34 + 751.31
= $ 875.65
The new price will be equal to the present value of 03 annual coupon payments of $50 each ( 1,000 *5%) plus the present value of principal repayment of $1,000 in three year time; discounted at 10% which is calculated as:
( 50/0.1) * [ 1-1.1^(-3) ] + 1,000/1.1^3 = $875.66
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Select the correct answer. Why do car manufacturers offer dealer incentives? a. So that dealers only keep the manufacturer's cars on their lot b. So that dealers make an extra effort to sell the manufacturer's cars c. So that dealers keep the manufacturer's new car models on their lot.
Car manufacturers offer dealer incentives to motivate dealers to sell more of their cars. So that dealers make an extra effort to sell the manufacturer's cars. Therefore, the correct answer is option b.
Dealers receive these incentives in the form of cash bonuses, discounts, or refunds in exchange for achieving their sales goals or other great performance.
If dealers are given incentives to do so, they might be more likely to advertise the manufacturer's automobiles. Manufacturers can encourage dealers to sell more of their vehicles and grow their market share by offering dealer incentives.
Therefore, the correct answer is b. So that dealers make an extra effort to sell the manufacturer's cars.
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The MSCI EAFE Index consists of stocks from companies from over 20 developed markets to measure international equity market performance. The Index is considered the oldest truly international stock index: it has been calculated since 1969. Many foreign stock funds are compared against the MSCI EAFE Index.
Bailey is thinking about investing in a mutual fund. She decides to invest in the iShares MSCI EAFE Index Fund, which mimics the MSCI EAFE Index.
Select the best description of the iSHares MSCI EAFE Index fund.
a) an active fund
b) a passive fund
c) a litigation fund
d) a sector fund
The best description of iSHares MSCI EAFE Index fund is that it is a passive fund.
What is an Index fund?An index fund is a mutual fund or exchange-traded fund that is created to adhere to a set of predetermined rules in order to track a specific basket of underlying investments. Despite frequently stressing their for-profit status, index providers have the power to act as "reluctant regulators" when choosing which companies to include in an index. These guidelines may include following well-known indices like the S&P 500 or the Dow Jones Industrial Average, or they may include implementation guidelines like tax management, tracking error minimization, large block trading, or patient/flexible trading strategies that permit higher tracking error but lower market impact costs. There may be guidelines for index funds that check for social and sustainable standards.
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what uis more important to you as far as a food establishment is concerned -- a great product or quick, friendly service?
Customer care is always crucial. Customers are more likely to return when they receive satisfactory service.
What does business establishing mean?Establishment is the level of the Business Register statistical hierarchy that is below the firm and where the accounting data needed to assess production are accessible (principal inputs, revenues, salaries and wages).
The term "establishment" is of what kind?It is a noun that is derived from the verb establishing, which can indicate a variety of things but is most frequently used to signify to found, institute, nor bring into being. I like to buy from local institutions whenever I can. Establishments are objects that have been established, especially enterprises.
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for each of the following data needs, specify whether a static data connection or a live data connection would be most appropriate. question content area bottom part 1 data need which type of data connection is most appropriate? a. stock price on july 3, 1991 b. current p/e ratio c. social media mentions month-to-date d. population demographics from 2010 e. dividends paid in 2018 f. current number of employees g. social media mentions in 2019
for each of the following data needs, specify whether a static data connection or a live data connection would be the most appropriate stock price on July 3, 1991.
In finance, stock (also capital stock) includes all of the stocks through which ownership of a employer or company is divided.[1] (specially in American English, the word "stocks" is likewise used to refer to stocks.)[1][2] A unmarried proportion of the stock manner fractional ownership of the employer in percentage to the total number of stocks. This usually entitles the shareholder (stockholder) to that fraction of the organization's earnings, proceeds from liquidation of assets (after discharge of all senior claims together with secured and unsecured debt),[3] or vote casting strength, often dividing those up in proportion to the amount of money every stockholder has invested.
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Suppose that last year a total of $12 billion in goods and services was exported to other countries, while $8 billion was imported. Net exports equals $_______ billion.
Assume that $8 billion was imported last year, whereas $12 billion worth of goods and services were exported to other nations. Total net exports come to $4 billion.
What exactly are net exports?The difference between a country's total value of exports and its total value of imports is known as net export. An essential factor in determining an economy's gross domestic product is net export.
The whole trade of a country is gauged by its net exports. The calculation of net exports is as easy as subtracting the value of all the products and services a country exports from the value of all the goods and services it imports.
Net Exports = Exports - Imports
Net Exports = $12 billion - $8 billion
Net Exports = $4 billion
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an analysis that projects how much a solution may change if there are changes in the variables or input data is referred to as part 2 a. production-quantity optimization. b. product-mix decision. c. sensitivity analysis. d. product scheduling.
An analysis that projects how much a solution may change if there are changes in the variables or input data is referred to as part two is sensitivity analysis. Option C.
Sensitivity analysis is the study of how the uncertainty of a model's output can be divided among different sources of uncertainty of the model's inputs. A simple example of sensitivity analysis used by businesses is analyzing the impact of including certain information in their advertising.
Compares sales results for ads that differ only in whether or not they contain specific information. Sensitivity and Risk Analysis is an analytical framework. Dealing with uncertainty. The goal is The odds of starting a bad project without missing a beat. Accept good projects.
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a local credit union is developing and maintaining positive relationships with the media. this business is focusing on a(n) blank strategy.
At a significantly lower cost than advertising, public relations can have a significant impact on public awareness.When using public relations, a business typically pays for media coverage.Campaigning alludes to a PR office keeping up with associations with investors and others in the monetary local area.
Is it an effort to build and keep good relationships between an organization and its members?
Public relations (PR) is the effort to establish and maintain positive relationships between an organization and its constituents, whereas advertising is the paid use of media space to sell something (Theaker, 2004).
In public relations, what role does media relations play?
Building brand awareness, increasing credibility and authenticity, and most importantly, forming relationships with potential customers can all be aided by media relations.
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suppose the women's jeans industry is an oligoipoly in which each firm sells its own distinctive brand of jeans. each firm believes its rivalks will not follow its price increases, but will follow its price cuts. (a) explain the demand curve for women's jeans facing each firm. (b) does this demand curve mean that firms in the jeans industry do or do not compete against one anothe? explain.
The industries with the most price wars are those with both intense competition and a wide range of similar products. In these circumstances, a competitor has the incentive to lower prices in order to increase its market share.
The rival businesses are frequently compelled to do the same and reduce their own pricing. As a result, even though there are more sales of the products, they are all being sold for less money, which reduces short-term profitability.
One of the rival businesses eventually reaches its financial limit and is unable to continue lowering its pricing. They run the danger of losing money and even jeopardizing the company's long-term existence.
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if there were no costs or loss of time in changing from one product to another, what would the impact be? check all that apply.
If there were no costs or loss of time in changing from one product to another, many small lots would be produced.
How do I define "cost"?A cost is the value of money used to manufacture an item or offer a service but which is now unavailable for use in manufacturing, research, retail, or accounting. When calculating an acquisition cost, the sum of the acquisition's costs is taken into account.
By cost, what do you mean?Cost is the sum of money that a company spends to manufacture or produce goods or services. The profit margin markup is not included. Cost, as seen from the seller's perspective, is the total amount of money used to create a good or product.
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say you own 316 shares of esti transport stock, which offers an annual dividend of $8.16 per share. how much will you receive in quarterly dividends? a. $214.88 b. $488.22 c. $644.64 d. $2,578.56 please select the best answer from the choices provided
The total amount received quarterly will be $644.64.
Interest payments per share could be calculated by dividing the reward issuance amount even by total quantity of outstanding shares.
The dividend rate is defined as the quantity of money obtained by only a shareholder split by the marketplace value of the stock in question. From a per-share perspective, the distribution rate is the annual payment per stock multiplied mostly by stock's current price.
Quarterly amount calculation
The total number of shares owned is 316.
The price per share is $8.16.
As a result, it will receive a yearly,
316×8.16 = $2,578.56
As a result, quarterly,= 1/4× 2578.56= $644.64
As a result, the quarterly payment would be =$644.64.
Therefore, the correct answer will be option (c)
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person 1 is currently managing a team of four colleagues on a project. person 1 notices that two of the team members (person 2 and person 3) constantly screaming in front of the group. the team never has an issue completing their work on time and it is of good quality. what should person 1 do, if anything, about the constant screaming?
As the team's manager, Person 1 should approach Person 2 to learn more about their problems before trying to fix them as a team, if at all feasible.
Finding the precise problem that causes person 2 and person 3 to shout should be done in private rather than in front of a group. This is not just about the task; it's also about the development of a team and, by extension, the organization.
As a result, they ought to be addressed in private before the team as a whole can have the necessary degree of comprehension.
Klazomania, or compulsive shouting, refers to behaviors that are repetitive and have characteristics similar to complex tics like echolalia, palilalia, and coprolalia seen in tic disorders. However, it has also been observed in people with encephalitis lethargica, alcohol use disorder, and carbon monoxide poisoning.
Complete question:
Person 1 is currently managing a team of 4 colleagues on a project. Person 1 notices that two of the team members (Person 2 and Person 3) constantly scream in front of the group. The team never has an issue completing their work on time and it is of good quality. What should Person 1 do, if anything, about the constant screaming?
Talk to Person 2 and Person 3 in private to determine what the issue is. You want to keep the group as a whole out of the discussion so as not to make Person 2 and Person 3 defensive. If they feel threatened in front of the whole group, they might be less willing to open up and resolve their differences.
Bring this issue up in front of the whole group so each person can share their thoughts. If enough people tell Person 2 and Person 3 that their behavior is inappropriate, perhaps the fighting will stop.
Since the team is completing their work on time, Person 1 shouldn't do anything. If Person 1 tries to interfere it could slow down the workflow or inhibit the progress of others working on the project.
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Which male character appears in the upper right box during the opening credits of the brady bunch?.
In The Brady Bunch's opening credits, a male character named Greg Brady can be seen in the right upper box.
Gregory Brady is currently how old?Williams, now 67, had guest appearances on shows including That Girl, Mission: Impossible, and The Mod Squad before settling into the part of Greg, the oldest Brady son.
What was the alias of Greg Brady?In order to become the rock star "Johnny Bravo," a talent agency signs Greg. When Greg realizes he was only hired since he "fit the suit," he realizes how out of control his newfound stardom has become.
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a. the use of the logo and brand name on the product packaging b. making sure that the form of delivery will prevent damage to the product c. the process of exploring all visual elements of the product and service appearance d. presenting the service in clearly labeled and attractive packages
The best description of the term packaging will be the process of exploring all visual elements of the product and service appearance.
Packaging refers to the science, art, and technology used to wrap or protect goods for distribution, storage, sale, and use. Packaging design, analysis and production are also included in the definition of packaging.
Packaging can be described as a planned system for preparing products for sale, storage, logistics, transportation and use. Packaging is used to contain, save, preserve, transport, educate and market. It is widely used in many countries for commercial, institutional, industrial and private purposes. Any written, electronic or graphic communication on a package or on a label separate from a related product is referred to as packaging labeling.
Hence the correct option will be C.
The above question is incomplete, the complete question is-
What would be the best description of the term packaging?
a. the use of the logo and brand name on the product packaging
b. making sure that the form of delivery will prevent damage to the product
c. the process of exploring all visual elements of the product and service appearance
d. presenting the service in clearly labeled and attractive packages
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Your community faces a challenging issue. You will serve on a volunteer committee to evaluate and make a recommendation to the city council. Which economic process will help your committee identify all potential solutions to the issue?.
Our committee will be able to discover all feasible solutions to the problem with the aid of the economic decision-making model.
How would you define "economic"?Economic is the study underlying scarcity and how it affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society. Farmers reduce the price of both the crop when corn production rises in order to sell more of their harvest.
Which seven economic factors are there?The presence of a viable market, affordable land, high plant yields, well-developed plantation methods, a competent labor force, strong research support, and a robust supporting infrastructure to assure price delivery to markets are important considerations.
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raquel got a prescription to manage her asthma. the medicine is supposed to cost $150, but with her insurance, all she had to pay was a predetermined $20 fee for the prescription. what is the $20 fee called?
The coinsurance payment would be $20. In an insurance plan that is based on a percentage, the patient is responsible for a set portion of the prescription cost, which is often high for speciality medications.
What distinguishes a copay from a coinsurance payment?For medicines, medical visits, and other sorts of treatment, you must pay a copay. The portion of costs you bear after reaching your deductible is known as coinsurance. Your coinsurance does not begin to cover all of the cost of your drugs and medical services until you have met your deductible.
What kind of insurance allows copayments?With managed care plans like HMOs, copayments are more typical. These plans are provided by insurance companies that have agreements with healthcare providers that allow them to pay set prices for basic services.
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12. what activity can help you improve your presentation? a. take a break from studying your presentation frequently. b. ask a friend or colleague to observe the presentation and give you feedback. c. reduce the duration of the presentation. d. have someone else present.
Answer:
b:ask a friend or colleague to observe the presentation and give you feedback.
the following information is taken from the 2015 annual report to shareholders of herme-finnet (hf) company. for fiscal 2015 for fiscal 2014 provision for doubtful accounts $ 33 million $ 110 million at fiscal year-end 2015 at fiscal year-end 2014 accounts receivable, net 15,926 million 16,457 million accounts receivable, gross 16,308 million 16,971 million what is the balance in hf's allowance for doubtful accounts at the end of the fiscal years 2015 and 2014, respectively?
The balance in the allowance for doubtful accounts at the end of the fiscal years 2015 and 2014 for Herme-Finnet (HF) Company is as follows:
Fiscal Year-end 2015 2014
Allowance for doubtful accounts 382 million 514 million
How are the balances for allowance for doubtful accounts determined?The balance for each year's allowance for doubtful accounts is the difference between the gross and net accounts receivable.
Using the subtraction operation, the net accounts receivable is deducted from the gross accounts receivable.
Note that the allowance for doubtful accounts is a contra account to the accounts receivable.
Fiscal Year-end 2015 2014
Accounts Receivable:
Gross 16,308 million 16,971 million
Net 15,926 million 16,457 million
Allowance for doubtful
accounts 382 million 514 million
Year's provision 33 million 110 million
Thus, respectively, the balance in HF's allowance for doubtful accounts at the end of the fiscal years 2005 and 2014, are $382 million and $514 million.
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solanki partners has been extremely successful during its three years of existence. the owners have decided to incorporate and offer shares of stock to the general public. what is this type of an equity offering called?
Solanki partners has been extremely successful during its three years of existence. the owners have decided to incorporate and offer shares of stock to the general public. This type of equity offering called initial public offering.
The term “equity” refers to fairness and justice and is outstanding from equality: while the equality approach imparting the equal to all, equity means recognizing that we do not all start from the equal location and should renowned and make modifications to imbalances.
Equity may be calculated by means of subtracting liabilities from property and can be implemented to an unmarried asset, along with real property belongings, or to a business. for example, if a person owns a residence worth $four hundred,000 and owes $three hundred,000 at the loan, the distinction of $100,000 is equity.
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Salt Foods purchases forty $1,000, 7%, 10-year bonds issued by Pretzelmania, Inc., for $37,282 on January 1. The market interest rate for bonds of similar risk and maturity is 8%. Salt Foods receives interest semiannually on June 30 and December 31. 1. & 2. Record the necessary entries regarding the bonds. (If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole number.) View transaction list Journal entry worksheet 1 2 Record the investment in bonds. Note: Enter debits before credits. Debit Credit Date January 01 General Journal Journal entry worksheet < 1 2 Record the receipt of the first interest payment. Note: Enter debits before credits. Date General Journal June 30 Debit Credit
6 months of interest from January to June will be received by Salt Food Purchase Company. Interest on Bonds = ($37282 X 7/100) X 6/12 = $ 1304.87
Bonds and shares are each security, but the primary distinction between the 2 is that (capital) stockholders have a fairness stake in a corporation (i.e. they're proprietors), while bondholders have a creditor stake in an agency (i.e. they may be creditors). As creditors, bondholders have precedence over stockholders. this indicates they will be repaid in advance of stockholders but will rank behind secured lenders, in the event of financial ruin. some other distinction is that bonds usually have a described term, or maturity, after which the bond is redeemed, whereas shares usually stay excellent indefinitely. An exception is an irredeemable bond, which is a perpetuity, that is, a bond without adulthood. certificate of deposit (CDs) or short-time period commercial paper are categorized as cash marketplace units and no longer bonds: the main difference is the period of the time period of the instrument.
The maximum not unusual forms consist of municipal, company, and government bonds. Very regularly the bond is negotiable, this is, the possession of the tool may be transferred within the secondary marketplace. this means that once the transfer retailers at the bank medallion stamp the bond, it is fantastically liquid in the secondary marketplace. The fee of a bond inside the secondary market might also fluctuate extensively from the major due to various factors in bond valuation.
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which global facility type is focused on product development and engineering for products that they manufacture? which global facility type is focused on product development and engineering for products that they manufacture? lead factory offshore factory source factory contributor factory outpost factory server factory
A global facility known as a supply chain transports goods and services from raw resources to final consumers using a planned flow of information, physical distribution, and money.
Supply chain management (SCM) is the administration of a good from its production to consumption. SCM deals with the movement of resources, money, and information. This covers the creation, implementation, monitoring, and control of the product. With a focus on profit, this method decreases inventory, speeds up transactions, and enhances workflow.
Supply chain management is described as "the design, planning, execution, control, and monitoring of supply chain activities with the purpose of creating net value, constructing a competitive infrastructure, utilizing global logistics, synchronizing supply with demand.
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the first step in preparing a flexible budget is to: multiple choice question. compute budgeted variable and fixed costs identify costs and classify them as fixed or variable identify activity levels compute budgeted sales
Making a static overhead budget is the first step in developing a flexible budget. This enables you to consider average production levels and all related costs.
What does creating a flexible budget serve?A flexible budget is a crucial management tool. It aids in determining the business's anticipated expenditures, revenues, and profitability. Furthermore, because the flexible budget is not inflexible, it can be modified and used for variance analysis in accordance with the actual activity level at the conclusion of the accounting period.
Which of the following approaches to creating a flexible budget is not one?Total variation in fixed overhead. Because the budget's fixed overhead costs are static rather than variable, the total fixed overhead variance is not a flexible budget variance.
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if the money market is initially in equilibrium at point e and the central bank lowers reserve requirements, then the interest rate will: a. move toward point h. b. remain at point e. c. shift leftward. d. move toward point l
If the money market is initially in equilibrium at point e and the central bank lowers reserve requirements, then the interest rate will move toward point l.
Money marketplace equilibrium happens on the hobby charge at which the amount of cash demanded equals the amount of cash supplied. All different matters unchanged, a shift in cash call for or deliver will cause an alternate withinside the equilibrium hobby charge and consequently to modifications withinside the stage of actual GDP and the rate stage.
A boom withinside the cash deliver lowers the hobby charge for a given rate stage and output A lower withinside the cash deliver increases the hobby charge for a given rate stage and output. A boom in countrywide earnings will increase the equilibrium hobby charge for a given rate stage.
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which statements are true? (select all that apply.) multiple select question. the inventory method is an assumed cost flow and does not have to correspond with the actual physical flow of goods. first-in, last-out is one of the titles of inventory methods allowed by gaap. the inventory method selected must be based on the physical flow of goods. a grocery store may or may not use the last-in, first-out inventory method.
The true statements are-
The inventory technique does not have to match the actual physical flow of products because it is an assumed cost flow.The last in, first out technique of inventory is acceptable in a food store.What is inventory?Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders.
There are three different categories of inventory- finished commodities, work-in-progress, and raw materials. On the balance sheet of a company, it is listed as a current asset.
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A perfectly competitive firm in the short run maximizes its profit by producing theoutput where:a. Marginal cost equals priceb. Marginal cost equals marginal revenuec. Total revenue minus total cost is at a maximumd. All of these
A perfectly competitive firm in the short run maximizes its profit by producing the output where marginal cost equals to revenue.
Companies can only make money or lose money in the short term in a completely competitive market. Profits and losses are eventually eliminated because an endless number of businesses produce uniform, infinitely divisible items.
Companies can only make money or lose money in the short term in a completely competitive market. Profits and losses are eventually eliminated because an endless number of businesses produce uniform, infinitely divisible items.
The perfectly competitive business will go for output in the near term where profits are highest or, if profits are not attainable, where losses are lowest.
Hence the correct option is A
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moby leases from national theater corporation a theater in which to stage a series of concerts. ollie buys a ticket to the series. what distinguishes moby, a tenant, from ollie, a licensee, is the exclusivity of possession. the quiet enjoyment of rights. the temporary nature of possession. the title to the property.
Moby, a tenant, from Ollie, a licensee, is the exclusivity of possession.
Someone who is temporarily in possession of another person's land or tenements. In particular: one who leases or rents a home from a landlord; one who holds or possesses real estate or occasionally personal property (such as security) by any form of right.
Taking excellent care of the property is the tenant's responsibility (including a garden if you have one) By securing windows and doors, you can keep the place secure. paying the agreed-upon rent, despite the fact that the landlord is demanding repairs or you have a disagreement with them.
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Moby, a tenant, from Ollie, a licensee, is the exclusivity of possession.
Someone who is temporarily in possession of another person's land or tenements. In particular: one who leases or rents a home from a landlord; one who holds or possesses real estate or occasionally personal property (such as security) by any form of right. Taking excellent care of the property is the tenant's responsibility (including a garden if you have one) By securing windows and doors, you can keep the place secure. paying the agreed-upon rent, despite the fact that the landlord is demanding repairs or you have a disagreement with them.
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according to the news wire, during the past 10 years, by what percentage did the real price of college tuition increase per year?
The cost at two-year institutions increased by about 320%, from $3,367 to $10,704 each year.
How quickly is the price of college rising?Here is an overview of the averages: Private National Universities' tuition and fees have increased by 134%. Public National Universities' out-of-state tuition and fees have increased by 141%. Public National Universities' in-state tuition and fees have risen by a whopping 175%.
Since the 1990s, how much has the cost of education increased?However, from 2010–11 through 2020–21, these costs have decreased (College Board, 2020). Average tuition and fees for private, non-profit, four-year universities increased by 25% between 1990–1991 and 2000–2001, from $26,780 to $33,50.
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in the current year, company a has a degree of total leverage (dtl) of 8 and a degree of financial leverage (dfl) of 2. if sales in dollars are twice that of the previous year, what is the percentage change in ebit in the current year?
If sales in dollars are twice that of the previous year, the percentage change in ebit in the current year is 8/2 = 4. 400% .
A sale is a transaction among or extra parties wherein items or offerings are exchanged for money or other property. inside the monetary markets, a sale is an agreement among a buyer and dealer involving the fee of a protection and its shipping for agreed-upon compensation.
Sales are activities related to promoting or the range of goods offered in a given targeted term. The delivery of a carrier for a value is also taken into consideration a sale.
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ow suppose the european government wants airbus to be the sole producer in the lucrative small-aircraft what is the minimum amount of subsidy that airbus must receive when it produces small aircraft to ensure that outcome as the unique nash equilibrium? is it worthwhile for the european government to undertake this subsidy?
The minimum amount of subsidy of 101 million that airbus must receive when it produces small aircraft to ensure that outcome as the unique Nash equilibrium. Yes it is worthwhile.
What is Unique Nash equilibrium?A Nash equilibrium is a collection of strategies, one for every game's n players, where each alternative option is his optimal reaction to the decisions made by the n-1 another alternative.
Assume that from the outset, Boeing and Airbus are operating in the Nash equilibrium and producing small and large planes, respectively. The European Union requires the small-plane payoff to surpass the large-plane payment, or by at least 101 million, in order to convince Airbus to switch its manufacturing to small planes.
Given a subsidy of 101 million, Airbus shifts production to tiny planes; following this, Boeing shifts production to huge planes because producing small planes concurrently with Airbus is no longer Boeing's best course of action.
Thus with the subsidies, the Nash equilibrium is for Boeing to develop huge jets and Airbus to produce little planes.
In this instance, switching from the manufacture of large aircraft to the manufacture of tiny aircraft improves the producer surplus at Airbus by 25 as earnings rise from 100 to 125.
Additionally, producers receive a subsidy from the government in the amount of 101. The subsidy is paid for by an increase in government spending (a decrease in revenue) of 101.
Thus overall welfare rises by 25 when added up. It's worthwhile.
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consumer ability to effectively cope with stressful situations relates to the concept of group of answer choices
Consumer ability to effectively cope with stressful situations relates to the concept of consumer emotional intelligence.
Consumers make emotional decisions on a regular basis. A new area of study is the influence and impact of emotion on the purchasing process. To take into account the role of emotions in the purchasing process, marketers must abandon the conventional marketing strategies based on the cognitive abilities of the consumer. It also includes a summary of a baseline study on consumer behaviour and emotional intelligence. The review of the literature on consumer behaviour and emotional intelligence is presented.
In addition to facilitating our capacity for resilience, motivation, empathy, reasoning, stress management, communication, and our ability to read and navigate a variety of social situations and conflicts, emotional intelligence (EI) forms the intersection at which cognition and emotion meet.
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Complete question is:
Consumer ability to effectively cope with stressful situations relates to the concept of group of answer choices
a. message filtering
b. emotional intelligence
c. rage reduction
d. anger management
e. Consumer support