One of the responsibility of management responsibility is to identify when to create conflict, not simply when to mitigate it.
The goal of conflict management is to lessen its negative effects while enhancing its beneficial effects. Enhancing learning and group outcomes, as well as effectiveness or performance in an organisational environment, are the goals of conflict management.
Conflict management is the process of recognising issues and resolving them in a fair and efficient way. The objective is to raise the likelihood of a successful conclusion while minimising any potential negative effects that may result from conflicts.
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Which kind of bond pays interest which is exempt from tax? a. treasury bonds b. junk bonds c. municipal bonds d. corporate bonds please select the best answer from the choices provided a b c d
Option (c): Municipal bonds are a type of bond that pay tax-free interest.
What are tax-free bonds, exactly?The government offers bonds that are not subject to tax in order to raise money for a variety of purposes. Because it delivers a fixed interest rate, this low-risk investment option is the best one. Similar to a fixed deposit, an investor can put a sizable sum of money in a tax-free bond in exchange for a fixed rate of interest.
Tax-free interest on municipal bonds?Federal taxes are typically not due on municipal bonds' (also known as munis') income. Municipal bonds are issued by state, local, and city governments. However, when you file your taxes, you will need to disclose this income.
In some situations, municipal bonds are also exempt from state and local taxes. Municipal bonds are not subject to federal taxes. Consequently, based on where you live, you could never have to pay income taxes on the payments you get from the bond's issuer (but they may be subject to the alternative minimum tax or AMT).
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which of the following must be undertaken when the treatment and control groups differ with regard to some independent variable, x1. which of the following must be undertaken when the treatment and control groups differ with regard to some independent variable, x1. run an intention-to-treat analysis run a 2sls model where the instrument is the random assignment use multivariate ols and control for x1. restart the experiment and pick a new randomized sample.
Run a 2SLS model where the instrument is the random assignment option B is the right answer.
As is common knowledge, when dealing with the endogeneity issue in OLS, 2SLS is employed as an alternative strategy. When the instrumental variable is used in 2SLS and the explanatory variable correlates with the error term, the endogeneity problem is resolved. Therefore, it must be done when the treatment and control groups differ with regard to an independent variable, X1, which will indicate a biased outcome.
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m tech, a maker of smartphones, promised to release a brand new line of phones in january 2020. however, due to delays in research and development, in december 2019, m tech is at least six months away from production. which of the following closing statements should m tech use in its negative announcement?
M tech should use this statement in its negative announcement as we are confident that our valued customers will enjoy our brand's new line of phones.
Who is a customer?A customer is the recipient of a good, service, product, or idea in sales, commerce, or economics that they have purchased from a seller, vendor, or supplier in exchange for money or another useful consideration. The gift economy based on favors was a mainstay of early societies. Later, as business grew, less long-lasting human relationships were created, relying more on momentary wants than on persistent social desires. Customers are typically defined as individuals who purchase goods and services, whereas clients are those who receive individualized guidance and assistance. While grocery stores, banks, and restaurants tend to prefer customers over clients, businesses like legal firms, movie studios, and health care providers tend to prefer clients despite the fact that these distinctions have little modern semantic significance.
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Based on what you understand about risk and return, why is investing in single stocks a bad idea?.
An individual stock carries more risk than a mutual fund. This type of risk is known as unsystematic risk.
Why is investing in single stocks a bad idea?Enlisted below are some of the reasons why investing in single stocks is a bad idea :
1. It requires a lot of effort, knowledge, and objectivity :
Investing in individual stocks without having the time or knowledge to conduct basic research and analysis is rarely successful. Most often, experienced fund managers, brokers, and financial analysts at major institutional investing firms are the ones that analyze stock picks. These people have access to cutting-edge investment instruments. Additionally, they have the time and expertise to read financial documents like SEC filings and earnings reports. Many investors' emotions cloud their judgment, preventing them from making rational buy and sell decisions. When you invest in specific stocks, it's really simple to develop an emotional bond with the businesses you've chosen.
2.Higher price :
You will pay commission fees each time you choose to buy or sell a stock. These costs can range from $3 to $8 depending on your broker. While that amount might not seem like much, if you own many individual stocks and engage in frequent trading, it can add up quickly. In addition to the cost, this has a significant drawback in that it might cause you to reconsider selling a stock to avoid the transaction costs. You could end up keeping an investment that is losing value for longer than you should, which would only increase your loss.
3. The possibility of loss is higher :
It is very difficult to achieve the level of diversification required to counteract your losses when investing in individual stocks. The fact that managed funds, including ETFs and mutual funds, typically hold investments in a variety of businesses is the main factor explaining why they experience less value fluctuation than individual stocks. As a result, even if the price of one stock falls, the fund as a whole keeps its value. Additionally, there is less trading activity, which keeps the cost of transactions down.
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hedging, or reducing risk, is the same as adding value or return to the firm. group of answer choices true false
false Hedging, or lowering risk, is the same as increasing the firm's value or return.
How might currency risk be reduced through hedging?hedging to reduce the risk of currency loss. Foreign exchange risk is an unavoidable reality for businesses doing business in other countries, although hedging can help reduce the risk. By taking a contrary position in a comparable asset, the hedging technique seeks to reduce risks associated with financial assets.
What does hedge mean?A approach for reducing the risks associated with financial assets is hedging. It uses market tactics or financial instruments to reduce the risk of any unfavorable price changes. To put it another way, investors use a trade in another investment to protect one investment.
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the term business environment refers to which impact functioning of a firm. a. external factors b. internal factors c. management related factors d. internal and external factors clear my choice
The correct response is d. internal and external factors. The term business environment refers to the internal and external factors that affect the functioning of a firm.
You have power over internal factors because they originate from within you. Your emotions and beliefs affect internal elements. These might be advantageous or harmful. Making decisions will be made easier if you have positive thoughts rather than negative ones. Things outside of a firm that affect its success are known as external factors. They may have a beneficial or negative effect. External variables are beyond the control of a company. Its only option is to respond to them by taking actions that will support its continued prosperity. Events occurring within an organization are referred to as internal environmental factors. Events that occur outside of the organization are known as external environmental factors, and they are more difficult to predict and control.
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Constant credit sends two representatives to a major league baseball playoff game to manage a small booth. The representatives give fans a gift card with the constant credit logo emblazoned on the front. The card also has a link to the constant credit website. This can be best described as marketing
Yes, this is an example of marketing. By giving out gift cards with its logo and a link to its website, Constant Credit is engaging in promotional activities to increase awareness of its brand and products.
Constant Credit is using the presence of its representatives at a major league baseball playoff game to promote its brand and website. By giving out gift cards with the logo and website link, Constant Credit is leveraging the popularity of the game to reach a larger audience and introduce them to its brand.
This promotional activity helps build awareness of Constant Credit, which can lead to increased customer engagement and website visits.
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a situation in which individuals, firms, or any group of actors coordinate their actions to achieve a desired outcome is:
Collusion occurs when businesses or any other group of individuals plan their activities to produce a certain result.
What does a business firm do?A firm the for business entity that offers professional services, such as a franchise, corporate body (LLC), or partnership. Most businesses only have one location.
Company: Is it a firm?A firm is a business that makes a profit by providing products and services, frequently business services. A business, on the other hand, is a firm that participates in any transaction that brings in money either through the sale of goods and services, which includes all commercial structures and trades.
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a daily snapshot of key performance indicators and operating statistics is called lagging indicators. group of answer choices true false
A daily snapshot of key performance indicators and operating statistics is called lagging indicators is a false statement.
A set of data known as "operational statistics" describes the activities of a company, organization, or agency. Additionally, networking, institution, or tight control may be affected.
In order to constantly enhance strategic quality and effectiveness, a ratio analysis (BSC) is a managing product that includes evaluation on both company's internal procedures and external outcomes.
A daily snapshot of key performance indicators and operating statistics is called Balanced Scorecard and not the lagging indicators.
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given a nominal interest rate of 8 percent, in which of the following cases would you earn the highest after-tax real interest rate? a. inflation is 5 percent; the tax rate is 40 percent. b. inflation is 4 percent; the tax rate is 30 percent. c. inflation is 3 percent; the tax rate is 45 percent. d. inflation is 2 percent; the tax rate is 50 percent
Given a nominal interest rate of 8 percent if the inflation is 2 percent; the tax rate is 50 percent you would earn the highest after-tax real interest rate.
Inflation and frequently follow one other as they rise and fall, moving in the same general direction. The relationship reflects the fundamentals of supply and demand. Interest rates drop as inflation does. As borrowing money becomes more affordable, more money is moving about in the economy. When the interest rate is high, there is less money available, which leads to lower inflation and, ultimately, lower supply. In contrast, when the interest rate is reduced or low, there will be a greater supply of money, which causes inflation to rise and, in turn, raises demand.
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the conversion of a lifo inventory to approximate the inventory at fifo is accomplished through application of which one of the following formulas?
FIFO stock = LIFO inventory + LIFO reserve
FIFO (first in, first out) stock management seeks to cost inventory so the business is less likely to lose money when products expire or become obsolete.
LIFO (last in, first out) inventory management is better for nonperishable goods and uses current expenses to calculate the price of items sold.
Which is best technique LIFO or FIFO?FIFO is extra in all likelihood to give accurate results. This is due to the fact calculating earnings from inventory is extra straightforward, meaning your monetary statements are easy to update, as well as saving both time and money. It also capability that historical inventory does now not get re-counted or left for so long it turns into unusable.
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https://brainly.com/question/2588708#SPJ4deadweight losses represent the a. inefficiency that taxes create. b. increase in revenue to the government. c. shift in benefit from producers to consumers. d. part of consumer and producer surplus that is now revenue to the government.
Deadweight losses represent the inefficiency that taxes create. (option A).
What does deadweight loss?Deadweight loss is the inefficiency that occurs when the market is not in equilibrium. The market is is in disequilibrium when the quantity demanded is not equal to the quantity supplied.
A tax is a complusory amount that i levied by the government or an agency of the government on goods and services. When taxes are introduced, most times, the quantity demanded or the quantity supplied changes. This would lead to a market disequilibrium and a deadweight losses.
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True or false: Budgetary Fund Balance - Reserve for Encumbrances reflects resources committed by placing purchase orders or signing contracts.
It is TRUE that, Budgetary Fund Balance - Reserve for Encumbrances reflects resources committed by placing purchase orders or signing contracts.
The management of trust funds and some research funds depends on three balances: budget balances, fund balances, and cash balances. Cash balances display how much money you actually have on hand.
There are two significant differences between budget balances and fund balances. First, total assets minus total liabilities equals a fund's life-to-date net worth, which is what is meant by "fund balance." On the other hand, a budget balance is the amount of the budget that was allocated for a given time period that is still available.
While budget periods typically last for one fiscal year, trust funds and the majority of research funds have a multi-year life. As a result, the balance of the life-to-date fund is frequently different from the balance of the time-bound budget.
The ledger each balance is based on is a significant additional distinction between budget balances and fund balances. The basis for calculating budget balances is the budget ledger, which records transactions that have passed budget checking but may not yet have received approval or been posted. The GL Actuals ledger, which only displays posted transactions, is the basis for fund balances. In light of this, the balances will vary since they are derived from transactions at various points in their lifecycle.
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When using the indirect method, adding a decrease in prepaid insurance to net income eliminates the effect of recording insurance expense that ______.
When using indirect method, adding a decrease in the prepaid insurance to the net income eliminates effect of the recording insurance expense that has not been paid in cash.
What is indirect method?By starting with net income and then adjusting it for cash operational activities before reaching an ending cash balance, the indirect method is a technique used in financial reporting. In order to create the statement of cash flows for an accounting period, the indirect technique requires accrual accounting data. Regulatory organizations do not favor the indirect way of financial reporting since it does not clearly depict cash flows for a given time, despite the fact that most accountants prefer utilizing it. Many accountants report cash flow of a certain business in the indirect method manner. In order to determine the actual amount of money generated by business operations, this method modifies net income.
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a $1,000 par value bond carries an annual coupon rate of 6.65 percent and has a yield to maturity of 6.98 percent. the inflation rate is 1.28 percent. what is the bond's real rate of return?
A $1,000 par value bond carries an annual coupon rate of 6.65 percent and has a yield to maturity of 6.98 percent. the inflation rate is 1.28 percent.
The bond's real rate of return is 5.70 percent ((6.98% - 1.28%)).
How is the term "yield to maturity" calculated?The discount rate, or YTM, at which all of the future cash flows on a bond's present value are equal to the bond's current price. Only by using trial and error techniques is yield to maturity calculated. But by understanding the connection between bond price and yield, one can quickly calculate YTM.
In what ways does YTM influence interest rate risk?Inversely correlated with a bond's current yield to maturity is interest rate risk; the higher the yield to maturity, the less a given change in interest rates will affect the price. This makes sense given that an increase in interest rates will have a lesser percentage effect on a high YTM than it would on a low YTM.
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is thinking about buying an investment that represents an ownership claim on a company. the most important priority he has with this investment is receiving his dividends before dividends are paid on other types of investments. what investment is thinking about purchasing?
To receive his dividends before payouts on other sorts of investments are paid is his investment's top priority. Considering investing in preferred stocks.
Because they provide their owners a priority claim whenever a business pays dividends or distributes assets to shareholders, preferred shares get their name. Preferred shareholders usually do not have a vote in corporate elections, and therefore do not give any preference in corporate governance.
The answer is based on your risk appetite and investing objectives, as with other investments. Preferred stock is a good option for investors seeking better returns than bonds and the possibility of bigger dividends than regular shares. Preferred stock is, in essence, safer than regular stock but riskier than bonds.
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Oil prices are denominated in terms of _____ in international commodities markets.
Oil prices are denominated in the terms of dollars in the international commodities markets.
What is a commodity market?In contrast to markets for manufactured goods like cocoa, fruit, and sugar, commodity markets trade in the primary economic sector. Mining is done for hard commodities like gold and oil. The first form of commodity investing is through futures contracts. Physical trading and derivatives trading on commodity markets using spot prices, forwards, futures, and options on futures are both possible. For centuries, farmers have used a straightforward form of derivative trading on the commodity market to manage price risk. Financial instruments whose value is derived from a commodity known as an underlier are referred to as financial derivatives. A growing number of derivatives are traded through clearing houses, some of which feature central counterparty clearing. These clearing and settlement services are offered both on futures exchanges and off-exchange in the OTC market.
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depletion can be compared to which of the following depreciation methods? a.double-declining-balance b.straight-line c.units-of-production d.none of these choices are correct
Depletion can be compared to Units-of-activity depreciation methods. Thus, c) option is correct.
What is the units-of-activity depreciation?
Unlike other typical techniques of depreciation, the units-of-activity method is unusual in that the useful life of the item being depreciated is not specified or estimated based on the passage of time (such as years). Depreciation is instead expressed and computed based on how the asset is used.
The cost of the asset (minus any salvage value) is allocated to the accounting periods based on the asset's usage (units generated, activity, etc.) during each of the accounting periods. This method is known as the units-of-activity method of depreciation. The units-of-production technique is another name for the units-of-activity approach of depreciation.
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in september, the board of directors of chaparral steel approved a stock split of 3-for-2. after the split, how many shares of chaparral steel stock will an investor have if he or she owned 400 shares before the split?
An investor will have 600 shares if he or she owned 400 shares before the split.
Given,
Split Ratio = 3:2
Pre-split shares of chaprral steel stock = 400
According to Stock-split formula,
Total number of shares post stock split = number of shares held x number of new shares issued for each existing share.
Post split shares = 400 x (3/2)
= 600 shares
Therefore, the total number of shares he/she will own after the stock split will be 600 shares.
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question 31 pts suppose that two players are playing the following game. player 1 can choose either top or bottom, and player 2 can choose either left or right. the payoffs are given in the following table: where the number on the left is the payoff to player a, and the number on the right is the payoff to player b. if each player plays their maximin strategy, the outcome of the game will be player b player a left right top 8 1 2 6 bottom 3 5 4 2 group of answer choices top/left top/right bottom/left bottom/right
A) Player 1 does not have a dominant strategy because if player 2 plays left, then player 1 should play bottom but if player 2 plays right then player 1 should play top. For a dominant strategy to existing player 1 would have to chose top or bottom regardless of what player 2 does.
B) Player 2 has a dominant strategy of left because this always produces a better outcome for this player. Specifically, if player 1 plays top player 2 is better off playing left (since 5 > 4) and if player 1 plays bottom player 2 is still better off playing left (since 4 > 3)
C) i) Top/Left is not a Nash Equilibrium because if player 2 plays left then player 1 would be better off playing bottom and it only takes one player wanting to deviate to ruin a potential Nash Equilibrium.
ii) Top/Right is not a Nash Equilibrium because given player 1's choice of top, player 2 would play left.
iii) Bottom/Left is a Nash Equilibrium because no player is better off deviating given the action of the other player. Specificially, given player 1's choice of bottom, player 2 would be worse off chosing right (since 3 < 4) so player 2 will not deviate. Given player 2's choice of left, player 1 would be worse off playing top (since 6 < 7) so player 1 also will not deviate.
iv) Bottom/Right is not a Nash Equilibrium because given player 1's choice of bottom, player 2 would be better of playing left (since 4 > 3).
Economic market equilibrium occurs whilst supply and calls for degrees align, creating ideal marketplace conditions for consumers and dealers. The sorts of financial equilibrium encompass microeconomic and macroeconomic. In microeconomics, delivery and call between buyers and sellers are balanced.
Simplest 3 varieties of stresses can exchange the composition of an equilibrium aggregate: (1) a change inside the concentrations (or partial pressures) of the additives by using adding or doing away with reactants or merchandise, (2) an alternate in the general strain or quantity, and (three) an exchange within the temperature of the gadget.
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Problem 11-02A a-c (Part Level Submission)
Fechter Corporation had the following stockholders’ equity accounts on January 1, 2020: Common Stock ($5 par) $500,000, Paid-in Capital in Excess of Par—Common Stock $200,000, and Retained Earnings $100,000. In 2020, the company had the following treasury stock transactions.
Mar. 1 Purchased 5,000 shares at $8 per share.
June 1 Sold 1,000 shares at $12 per share.
Sept. 1 Sold 2,000 shares at $10 per share.
Dec. 1 Sold 1,000 shares at $7 per share.
Fechter Corporation uses the cost method of accounting for treasury stock. In 2020, the company reported net income of $30,000.
Open accounts for (1) Paid-in Capital from Treasury Stock, (2) Treasury Stock, and (3) Retained Earnings. (Post to T-accounts.) (Post entries in the order of journal entries presented in the previous part.)
The Paid-in Capital from Treasury Stock is $8,000.
Paid in Capital from Treasury Stock
Dec. 1 $ 1,000 Jun. 1 $ 4,000
Sep. 1 $ 4,000
Dec 31 Bal $ 7,000
Treasury Stock
Mar. 1 $ 40,000 Jun. 1 $ 8,000
Sep. 1 $ 16,000
Dec. 1 $ 8,000
Dec. 31 Bal $ 8,000
Retained Earnings
Jan. 1 Bal $ 100,000
Dec. 31 $ 30,000
Dec 31 Bal $ 130,000
Any excess on sale of treasury stock over cost is credited to paid in capital and any loss is debited to paid in capital to the extent of balance in paid in capital.
Treasury stock , also referred to as treasury stocks or reacquired stock, refers to formerly amazing stock that has been offered back from stockholders via the issuing organisation. The result is that the overall number of notable stocks on the open marketplace decreases.
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Which of the following reasons would you give to support your recommendation to Cisco Systems? Check all that apply. O Vertical communication flows ensure that decisions are standardized throughout the company. Decentralized decision making allows for greater flexibility in meeting customer needs. Narrower spans of management and centralized decision making offer improved product control. O Shorter chains of command and horizontal communication allow for increased innovation.
You will use these benefits of decentralized decision-making as evidence for your suggestion to Cisco Systems in order to show how flexible it is in answering client requests. The right response in this case is option B.
Cisco enables businesses to protect and automate processes, connect and monitor devices, and compute and manage data.
For IT Ops professionals to be recognized as market leaders, Cisco certification training is one of the most important professional certifications available. One of the most well-known qualifications in the IT sector is the Cisco certification. For the development of opportunities and abilities, training is crucial.
Candidates can get known by taking Cisco training. Once you've earned your certification, you may highlight it on your resume to attest to your proficiency in the technical knowledge required to operate complicated networking models.
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true or false: for publicly traded companies, the component of the dividend yield that must be estimated is the dividend.
This statement is False. for publicly traded companies, the component of the dividend yield that must be estimated is the dividend.
The expected growth rate in dividends must be estimated. Estimation (or estimating) is the process of locating an estimate or approximation, that's a price that is usable for a few causes despite the fact that entered information can be incomplete, uncertain, or unstable. The price is nonetheless usable due to the fact it is derived from the nice records available. generally, estimation includes "the use of the value of a statistic derived from a sample to estimate the value of a corresponding populace parameter".
The pattern gives information that may be projected, through diverse formal or informal strategies, to determine a variety most in all likelihood to describe the missing records. An estimate that turns out to be wrong will be an overestimate if the estimate exceeds the real result and an underestimate if the estimate falls short of the actual end result.
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comapny a pays a dividend of 2%. company b's stock price increases 1% pkus the inflation rate every year. company c pays 3% dividends, and its stock price decreases every year by 2%. compnay d pays 0% in dividents and its price stock does not increase year over year. if the comapnies are otherwise identical, which owuld you invest in
Based on the investment strategy, and the situation described in the question, the company I would invest in is Company B.
What is the Stock price?The stock price is a business term that is used to describe the price of a single share of several saleable equity shares of a company.
Generally, the stock price is often referred to as Share price, and it is used to describe the highest amount individuals or investors are willing to pay for the stock, or the lowest amount that it can be sold for.
In this case, Company A's dividend of 2% is a good deal, but not the best among the available options.
Company C's 3% dividend is enticing but with a decrease in stock price, every year by 2%, this makes it not to be a good deal in the long run.
Company D's 0% dividend, with no increment in the stock price, makes the deal not lucrative.
However, Company B's 1% increase in stock price every year, plus inflation rate adjustment, makes it the best deal available.
Hence, in this case, it is concluded that the correct answer is Company B.
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When a u. S. Company purchases $1 million worth of french cheese, the value of that transaction is recorded in the?.
Answer: current account
Explanation:
understand the annual and monthly activity of the revenue streams by reviewing the monthly activity analysis. – what pattern do you see in the overall revenue activity and by account class in fy16? – how does this compare with the prior year? – identify the most significant revenue streams, represented by account classes, in fy16. ► which month had the highest net sales for these account classes and how much were they? ► beyond the expectations you already developed about overall revenues in part i of this case, what general expectations do you have for monthly activity of revenue for fy16 compared with the prior year? what specific factors influence your expectations? ► do your general expectations align with the fy16 results you see? if not, why? ► what is the benefit of being able to develop more precise expectations using the same analysis?
Ratio analysis is the relative size of two numbers selected from a company's financial statements. There are many standard metrics used to assess the overall financial health of businesses and other organizations.
It is a quantitative method for gaining insight into a company's liquidity, operational efficiency, and profitability by examining financial statements such as balance sheets and income statements. Ratio analysis is the cornerstone of fundamental stock analysis.Ratio analysis compares line item data in a company's financial statements to provide insight into profitability, liquidity, operational efficiency, and solvency.Ratio analysis can reveal how a company is performing over time, comparing it to other companies in the same industry or industry.Ratio analysis may also be requested by external parties setting benchmarks, which are often risky. Metrics provide useful insight into a company but should be combined with other metrics to get a more comprehensive picture of a company's financial health.Examples of ratio analysis include liquidity ratio, gross margin, and inventory turnover.learn more about ratio analysis here
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juan's job as a purchasing agent consists mostly of reordering basic supplies and component parts. which type of organizational purchase situation does this represent?
This represent straight rebuy organizational purchase situation.
When a customer frequently places the same order with the same supplier without any changes, it is known as a straight rebuy.
Such orders are occasionally placed by the purchasing department of a corporation to satisfy their manufacturing requirements.
In this instance, the business places an order from the same supplier for the same goods in the same amount.
Since direct rebuy situations occur frequently, the business spares itself the trouble of doing supplier, pricing, and product research.
Once a business is satisfied with the supplier they have picked, they fall into a purchase pattern that leads to immediate repurchase.
In a straight rebuy, the reorder specifications exactly match the last order's specs. This is a common occurrence, and both the supplier and the corporation anticipate the order.
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(b) suppose a random sample of 40 houses are selected from the city. estimate the probability that the mean value of the 40 houses is less than $500,000. show your work.
The probability that the mean value of the 40 houses is less than $500000 is 0.9863
The probability of an event occurring is defined by chance. There are numerous instances in real life where we may need to make predictions about how something will turn out. The outcome of an event may be known to us or unknown to us. When this happens, we say there is a chance that the event will happen. In general, probability has many significant applications in games, in business to make predictions based on probability, and in this new branch of artificial intelligence.
Given that, n=40
Here, we have to find P(X<500000)
Thus, using a standard normal table we can find the probability as,
P(X<500000)
[tex]P((X-bar - Mean/Std deviation)/\sqrt{n}) < ((500000-403000/278000)/\sqrt{40} )[/tex]
=P(Z<2.2068)=0.9863
Hence,
P(X<500000)=0.9863
Hence, the probability that the mean value of the 40 houses is less than $500,000 is 0.9863
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suppose that the market for haircuts in a community is perfectly competitive and that the market is initially in long-run equilibrium. subsequently, a decrease in population decreases the demand for haircuts. in the short run, we expect that the market price will _____ and the output of a typical firm will _____. a) rise; rise b) rise; fall c) fall; rise d) fall; fall
Suppose that the market for haircuts in a community is perfectly competitive and that the market is initially in long-run equilibrium. subsequently, a decrease in population decreases the demand for haircuts. In the short run, we expect that the market price will fall and the output of a typical firm will fall.
What is Long Run?A time frame known as the "long run" is one in which all cost and production components are erratic. Long Run cost adjustments are possible for businesses, although short Run pricing changes can only be influenced by changes in production levels. Even though a company can have a monopoly in the short term, they might anticipate competition in the long run. A long run is a period of time when a producer or manufacturer can be flexible with its production choices. On the basis of anticipated profits, businesses can either increase or decrease their production capacity, or enter or leave a certain industry. Long-term-focused businesses are aware that changing output levels won't bring supply and demand into equilibrium.
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suppose the federal government charters a corporation to help regulate financial matters across state borders. this corporation would be a(n) .
The federal government charters a corporation to help regulate financial matters across state borders.A business that has international operations.A company that conducts business internationally is known as a multinational corporation.
Worldwide, multinational firms are present in a variety of locations. They carefully research the cultures of the nations they intend to infiltrate because they are aware that their success depends on blending the cultures of their home nations with those of the nations they are about to build.Modern trade accords have made it possible for multinational corporations to operate all over the world, as is the case with the Coca-Cola Company, Walmart, IBM, Apple, Amazon, and automakers like Ford, Toyota, Honda, and Fiat.A corporation typically receives its charter from the state government when it is established.Corporations receive a state government charter and are subject to the laws of the state where they are registered.
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