Answer:
true
Explanation:
One of the key economic questions is "Who consumes the products?". Hence, the above statement is true.
What is the meaning of Economy?Economics is the study of 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.
An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that emphasizes the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.
Economics is the study of how individuals and groups allot limited resources for production, distribution, and consumption. Microeconomics and macroeconomics are the two subfields of economics. Efficiency in production and exchange is the main concern of economics.
Hence, the above statement is correct.
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The CFO of a certain company always wears his green suit on a day that the firm is about to release positive information about his company. You believe that you can profit from this information by buying the firm's shares at the beginning of every day that the CFO shows up wearing this green suit. Describe which form of market efficiency is consistent with your belief.
Answer:
Semi strong form of market efficiency
Explanation:
Semi strong form of market efficiency holds the belief that security prices quickly adjust to reflect new information as it has accommodated public and available and private market information , as a result of which the need for deeper analysis of stock before investment might not be required.
As it is already known that a green suit on the CFO signifies a potential positive information about the company, making use of this private information towards investment is in line with the Semi strong form of market efficiency .
Give four examples of routine decisions.
Answer:
What you're going to eat, what you're going to major in, whether you're going to hang out with friends or not, or where you're going to work
List the four parts of the business cycle.
Expansion, peak, contraction and trough is the answer
You earn a salary of $52,000 per year and get paid biweekly. Calculate
how much GROSS PAY you will earn for one paycheck.
Answer:
$2,166.60
Explanation:
Divide the salary by 12 months that are in a year, then divide my 2 because bi-weekly is every 2 weeks.
What would happen in the market for a beer if the drinking age was raised to 30 years old
Answer:
u have to be 30 to get a drink (or make a fake ID card
Explanation:
bars money would go down
An awareness of one's own culture and the recognition that differences in others can cause anxiety, frustration, and misunderstanding of the host's intentions is essential to effective
Answer:
adaptation
Explanation:
Adaptation is a term which when used in a business-related term is a term that describes the readiness of a firm to adapt to vital criteria in carrying out international trade and dealing in relation to the firm's culture and the understanding that the existence of distinctions in others can lead to a form of stress, frustration, and incomprehension of the host's ideas.
Hence, in this case, the correct answer is ADAPTATION
Businesses are usually interested in promoting growth because it:
A. expands the frontier on their production possibilities curves.
B. weakens productivity for competing businesses.
C. reduces their need to pay a large staff of employees.
D. creates additional marketing value without extra investment.
Answer: A - expands the frontier on their production possibilities curves
Explanation:
It was correct when checked
Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.
What is business growth?An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.
Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.
Hence, option A holds true regarding the business growth.
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Describe the purpose of training as a team
Answer:
Hmm.
Explanation:
Training as a team can help the teammates understand each other's strengths and weaknesses, and how each teammate can help each other.
(In sports training at lest)
'But training helps reduce a disparity between your teams. Each employee has a baseline knowledge of their individual and their team's goals, putting everyone on the same page. Additionally, employees all receiving the same training means they share responsibility and are aware of their role on the team.'
In economics, the term productivity refers to:
A. a graph that shows the relationships between a number of
different resources.
B. the amount of output compared to the input needed to create
something
C. money invested in a business to promote its success in the future.
D. the amount of growth a businestly demonstrates over a long period.
Answer: it’s the amount of output compared to the input needed to create something
Explanation:
just took the test
In economics, the term productivity refers to the amount of output compared to the input needed to create something. Thus option (B) is correct.
What is productivity?Productivity refers to the efficiency with which resources (such as labor, capital, and materials) are used to produce goods and services. It is a measure of the amount of output produced per unit of input used.
The productivity is an important economic concept because it helps to determine the level of output that can be produced from a given set of resources.
The higher productivity can lead to greater output, which in turn can lead to increased economic growth and prosperity.
In economics, the term productivity refers to the amount of output compared to the input needed to create something. Therefore, option (B) is correct.
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Janie took a vacation to Italy and bought $1,000 worth of jewelry in Florence. The United
States will allow Janie to bring $800 back into the country duty free. What happens to the
other $200 that is part of her total expenditure?
Answer: Janie must pay an ad valorem tariff on the extra $200
Explanation:
Coming in from Italy, the US Government will allow Janie to bring in $800 worth of Jewelry into the country. The rest will be charged a Customs Duty or Tariff.
Customs duties are charged by the Government on imported goods as a way to reduce trade on imports which would in theory stimulate purchasing from domestic companies. It also brings in revenue for Government.
Customs duties are usually ad valorem in nature which means that they are charged as a percentage of the good's value. In this case that percentage will probably be 3% as the value is less than $1,000.
Help me with this please.
Answer:
its customer service and desion making
Explanation:
hope it help btw i search it up and it said that so its right
Which is the best description of how a scholarship differs from a federal education grant
Answer:
Its D on edge i
Explanation:
Answer:
D. Scholarships can be awarded for various reasons, but federal grants are usually based on a student’s financial need.
Explanation:
Edge
QUESTION 2 of 10: A product you carry has a shelf life of 90 days. You purchased it September 5. Is it still good December 31?
a) Yes
b)No
A product you carry has a shelf life of 90 days. You purchased it on September 5. The product is not good till December 31. Thus option B is correct.
What is a product?A product is referred to as final or finished goods distributed in the market to serve the customers. This product can be both goods and services in which goods are tangible and services are intangible.
In the given question the shelf life of the product is given as 90 days. The products purcahsed on September 5, from September 5 adding 90 days will lead to December first week and the question it is asked about last week of December.
The gap between these weeks is more than 20 days so the product shelf life is expired on the first week so it will not be considered as good on December 31.
Therefore, option B is appropriate.
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Governments most often regulate essential services like water treatment by:
Answer: setting up natural monopolies.
Explanation: on apex!!
Answer:
It is setting up natural monopolies, like the other person said.
Explanation:
An operations perspective on quality involves a subjective assessment of the efficacy of every step of the process for the customer.
A. True
B. False
Which best describes the purpose of recording past income and spending in a budget?
O to know the historic cost of goods
O to serve as the basis for future planning
O to learn why having savings is important
O to learn why expenditures are likely to increase
Answer:
to serve as the basis for future planning
Explanation:
There are a lot of uses for budget. The option that best describes the purpose of recording past income and spending in a budget is that to serve as the basis for future planning.
What Is a Budget?A budget is is known to be an estimate of revenue and expenses that would be used in a specific future time.
It is known to be compiled and thoroughly reevaluated on interval basis. Budgets are known to be made by people, a group of people, a business, etc.
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BARBICIDE® solution used for immersion of
implements should be changed:
A Once a week
B. Once a month
C. Daily
D. Only when cloudy or visibly contaminated
Next question
Answer:b
Explanation:
BARBICIDE solution used for immersion of implements should be changed Once a month
What is Barbicide?Barbicide is a bactericide solution used by barbers and cosmetologists for disinfecting grooming tools such as combs and hair-cutting shears. Manufactured by King Research, it was invented in 1947 by Maurice King and marketed heavily around the United States by his brother James.
"Barbicide is sold as a concentrate diluted for use in a ratio of 2 oz. of Barbicide concentrate mixed into 32 oz. of water, with each stylist having a container for treating their own tools. Company technicians make (unverified) claims it is the only such disinfectant to hold its power and colour over time, maintaining competitors' products eventually turn green or brown" Barbicide's creator came up with the name because he hated going to the barber when he was a child. Just as s-uicide means k-illing oneself and homicide means k-illing another, he gave his creation the name Barbicide (meaning k-illing the barber) as a nod to his childhood.
What is immersion?Immersion is termed as casing or submerging in something. An example of immersion is when someone is baptized by being completely dunked under water. An example of immersion is when you become completely absorbed in a book and don't look up from reading or pay attention to anything else.
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Solar energy is the least expensive source of renewable energy in the United States. True False
Answer:
False
Explanation:
Solar energy is one of the most expensive energy sources out there look it up!
Answer:
False
I think
Mark is an engineer who has designed a telecommunications device. He is convinced that there is a big potential market for the device. Accordingly, he has decided to quit his present job and start a company to manufacture and market the device. The salary that Mark earns at his present employ is:
Answer:
a period cost.
Explanation:
Rent on the administrative office space is a period cost.
Period costs are non-manufacturing costs and are expensed in the period in which they are incurred.
Rent on the administrative office space is a selling and administrative cost and thus a period cost.
Answer:
the answer is period cost
To pursue a career in business information management, you need a degree or certification in_____information system,or an
associate degree in IT, along with a certification in____
Answer:
To pursue a career in business information management, you need a degree or certification in management information system, or an associate degree in IT, along with a certification in strategic management.
Explanation: PLATOOOOO
To pursue a career in business information management, you need a degree or certification in management information system, or an associate degree in IT, along with a certification in strategic management.
What is strategic management?Strategic management is the ongoing planning, monitoring, analysis, and evaluation of all requirements that a business needs to meet in order to achieve its goals and objectives. As a result of changes in the business environment, organizations will frequently need to review their success strategies.
Setting company goals, examining competitor behavior, reviewing internal organizational structure, assessing current strategies, and ensuring that strategies are executed throughout the company are all part of strategic management. There are two types of strategic management: prescriptive and descriptive.
Thus, it is IT and strategic management.
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There are four steps in solving one's personal financial challenges:
1. considering opportunity costs
2. assessing risks and returns
3. setting short- and long-term goals
4. assessing needs and wants
Which of these is the correct order of these steps?
a) 2, 3, 1, 4
b) 1, 2, 3, 4
c) 4, 1, 2, 3
d) 3.1, 4, 2
Explanation:
Answer is C
4123
4. assessing needs and wants
1. considering opportunity costs
2. assessing risks and returns
3. setting short- and long-term goals
what cannot be used to dry, it’s for the food handlers
Answer:
What would you like me to answer? Cause I don't know what your asking.
In a few sentences, explain what it means to
be financially responsible.
Answer:
Being financially responsible means to not spend your money on stuff that aren't needed. It also means saving your money for when you actually need it. Evaluate your earning spendings habits and see how you could maybe save more money each paycheck.
Answer:
Being financially responsible means you are earning more than you are spending. You should also create a budget to track income and expenses, and do what you can to always pay bills on time.
Explanation:
3. If the Wall Street Journal published an article w/ the headline "Poultry Farmers Detect Infectious Avian Bird Flu," what would happen to the demand curve for chicken? What good or service is being changed in the scenario? What is the determinant of demand that caused the change?
Answer:
If such a headline was published, the demand for chicken and its byproducts would plummet. The demand curve would shift to the left, meaning that the quantity demanded would decrease at all price levels.
The quality of the chicken and its byproducts has changed here, since they would turn into potentially unhealthy food.
The determinant of the demand for chicken products that is altered by this article is consumer preferences. The health of consumes is at risk, which would alter their preferences due to fear of getting sick.
Sam is responsible for overseeing all new high school construction and Jordan is responsible for all middle school construction within their county. According to the PMBOK, they would be considered:
Answer:
project managers
Explanation:
We need to take note of the word "responsible" and "overseeing" which is often applied to project managers. A project manager is one responsible or who oversees the initiating, planning, execution, controlling, and directing of a team towards achieving a project.
PMBOK which stands for Project Management Body of Knowledge would categorize Sam and Jordan as project managers.
What is the primary responsibility of a customer service representative?
O making sales
O assisting customers
O handling transactions
O analyzing data
Answer:
assisting customers
Explanation:
why should every school have a library
If management operates to maximize the firm's profits, this will also maximize the market value of stockholders' wealth.
a. True
b. False
Answer:
b. False
Explanation:
The shareholder wealth could be maximized when there is a rise in the stock price as when the stock price rises, it automatically rised the value of the firm and the net worth also
Therefore in the given situation, in case when the firm wants to maximise its profits so it not necessary to increased the market value
Therefore the given statement is false
What is most likely the cause of an increase in demand? An increase in salary
Higher taxes
Lower price
Alternative product
Answer:
Alternative products
Explanation:
Most of the times, people look at the quality of a product which increases the demand, even though the price is high
Varion Air offers its customers a complementary air ticket on the purchase of three business class tickets. Varion Air's strategy best represents the ____ element of its marketing mix.
place
promotion
price
product
The Varion Air offers its customers a complementary air ticket on the purchase of three business class tickets. Varioun Air's strategy best represents the promotion element of its marketing mix.
What is strategy?An organization's long-term objectives and the plan it has to achieve them are referred to as its strategy. In other words, it demonstrates the strategy for achieving the stated goal.
Advertising, sales promotion, and public relations, three of the five promotional factors, are frequently cited as using mass selling. Mass selling is the promotional strategy that contacts large groups of potential customers
Therefore, Thus option (B) is correct.
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