An example of a public want is a family wanting a new car.
False
Unlike good, services are performed for free
False
Resources are items used to make and provide goods and services.
True
Competition among businesses hurts the consumer.
False
Most people have unlimited wants for goods and services.
True
Resources are things necessary for making only what people need.
False
Every type of business needs labor resources to produce goods and provide services.
True
Entrepreneurial resources are different from labor resources.
True
Every society has enough productive resources to produce everything people want and need.
False
Two basic types of economic systems are a market economy and a command economy.
True
The quantity of goods that consumers are willing to buy at various prices is called request.
False
Economic systems are the methods societies use to distribute resources.
True
Another name for a market economy is a democratic system.
False
Capital goods describe the worth of all goods and services provided.
False
Economic systems are the methods societies use to distribute wealth
False
In a market economy, economic decisions are made by the market place.
True
The amount of money given or asked for when a service is bought or sold is called the value.
False
The United States has experienced two major economic shifts, starting with an agricultural economy and ending with an industrial economy.
False
Though the United States has a very high GDP compared to some countries, it has a low standard of living.
False
An important measure of economic strength is the rate of inflation.
True
The U.S. Economy is shaped by a mix of public and private forces.
True
Economies go through ups and downs.
True
Janet Yellen is currently is currently head of the Federal Reserve in the US.
True
Standards are moral principals by which people conduct themselves personally, socially, or professionally.
False
Different cultures, businesses, and industries have the same ethical standards for uniformity in international business commerce.
False
In some cultures, excessive gift giving in business is overlooked and considered ethical.
True
Most businesses follow their industry's code of ethics.
True
Business ethics focus on decisions considered good or bad, correct or incorrect
True
Knowing about business only benefits you as an employee, not a consumer.
False
A small business, as defined by the SBA, serves a limited geographic area and employs no more than 100 people.
False
A virtual business acts like a business, but is not a real business.
False
According to the American City Business Journals, small businesses that use the Internet have grown more than 45% faster than those that do not.
True
The main reason people become entrepreneurs is to have the opportunity to be creative.
False
Many successful entrepreneurs work in a related business before starting their own company.
True
Before you decide to start a particular business, you need to do market research to see if there is a demand for your product or service.
True
There are 10 essential parts of a business plan.
False
There are (3) main types of business organizations: sole proprietorship, partnerships, and corporations.
True
About half of all businesses in the US are sole proprietorships.
False
Income from a corporation is taxed twice.
True
A major disadvantage of owning a sole proprietorship is that the owner has limited liability.
False
An advantage of owning a partnership is that banks are more often more willing to lend money to partnerships than to sole proprietorships.
True
Partners, in a partnership bring different skills and talents to the business.
True
Andrew’s company uses a special email program for communicating within the organization. What should the company do to ensure that its employees are able to access the inbox even when they are away from office?
Answer:
Make a program available as a web app
Explanation:
Since in the given situation it is mentioned that the Andrew company used a special email program for communication within the organization so is able to ensure that the employees able to access still when it is away from the office so here the program should be made that would be a web app
Therefore the same would be considered
Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams estimated total overhead of
$322,500; materials of $405,000 and direct labor of $215,000. During the year Adams incurred $413,000 in materials costs, $414,800 in overhead costs and
$219,000 in direct labor costs. Compute the predetermined overhead rate.
Answer:
150%
Explanation:
Computation of the predetermined overhead rate
Using this formula
Predetermined overhead rate=Estimated overhead/Estimated direct labor cost
Let plug in the formula
Predetermined overhead rate=$322,500/ $215,000
Predetermined overhead rate=1.5*100
Predetermined overhead rate=150%
Therefore Predetermined overhead rate will be 150%
PLZ PLZ PLZ HELP THS IS DUE TODAY!!!
Dealing with advertising clutter is one of the challenges of database marketing.
False
True
Describe the poverty trends in India for the period 1993 to 2012.
Answer:
There was a substantial decrease in poverty in India from about 55% in 1973 to 36% in 1993.
The proportion of people below the poverty line further came down to about 26% in 2000.
If the current trend continues then people below poverty line may come below 20% in the next few years.
Although the percentage of people below the poverty line is decreasing from 1973 the number of people living below the poverty line remain the same(about 320 million(
The latest estimate indicates a significant reduction in the number of poor to about 260 million.
two sustainable ways in which businesses could assist the schools to ensure that school leavers are better prepared for the workplace
The education system is based on more of theoratical knowledge than that of practical knowledge. Most of the theoratical knowledge is important and relevant but does not help in the growth of the student in real world.
For preparing students to face the real world situations and scenarios the schools should prepare them by making additions in the education system in following ways:
Business Assistance Tranings can be provided by education institutions to the graduates for introducing and preparing them for the real life workplace knowledge.Interships can be given to help them learn and work in the real environment which they would eventually work in after completion of their studies.Therefore the points discussed above can be the assistance provided by businesses to the education institutions for addition in the education system to prepare school leavers for workplace.
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What is one way in which bonds do not generate income for investors?
Bonds appreciate in value.
Bonds pay interest.
Bonds pay a specified amount at maturity.
Bonds pay dividends.
Answer:
D. Bonds pay dividends
Explanation:
Just finished the test :)
The way in which bonds do not generate income for investors is that Bonds pay dividends.
What is a bond?A bond is known to be a kind of loan that is often obtained from any investor.
The borrower who is said to borrow he money often uses it for different kinds of purpose and the investor receives interest in form of dividend.
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why is market development necessary ?
A local bank’s advertising reads: "Give us $50,000 today, and we’ll pay you $800 every year forever." If you plan to live forever, what annual interest rate will you earn on your deposit?1.92%1.60%2.56%2.24%
Answer:
The correct response is Option b (1.60%).
Explanation:
According to the question,
Initial investment,
= $50,000
Perpetual annual cash flows,
= $800
Now,
The interest rate will be:
= [tex]\frac{Perpetual \ annul \ cash \ flows}{Initial \ investment}[/tex]
On substituting the given values, we get
= [tex]\frac{800}{50,000}[/tex]
= [tex]0.016[/tex]
i.e.,
= [tex]1.60 \ percent[/tex]
On January 1, 2020, Vaughn Corporation purchased 323 of the $1,000 face value, 9%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2030, and pay interest annually beginning January 1, 2021. Vaughn purchased the bonds to yield 11%. How much did Vaughn pay for the bonds?
Answer:
$284,954.63
Explanation:
in order to determine the market price of the bonds we must calculate the present value of the face value and coupon payments
PV of face value = $323,000 / (1 + 11%)¹⁰ = $113,755.59
PV of coupon payments = $29,070 x 5.8892 (PVIFA, 11%, 10 periods) = $171,199.04
total market value = $284,954.63
Which strategy best helps a famous brand company reach consumers?
selling at trade shows
sending out mailings in small towns
advertising nationally
marketing selectively
Answer:
C.) advertising nationally
Explanation:
This is the correct answer. The person above may only have a 3-star rating, but they are correct.
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Preliminary interviews are only required for the highest paying positions.
True or False?
What are some similarities and differences between Home Depot, Target, and Petsmart?
Answer:
They all are stores and having customers and sell products but a difference is they sell different things like pet food and wood power tools
Billie Eilish,Or the purge for halloween i need help deciding.
Answer:
i say billie bc everyone does the purge
Explanation:
On January 1, Year 1, Willette Company sold $240,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $180,181, priced to yield 10%. Using the straight-line method, what is the amount of interest expense that Willette will report for the six months ended June 30, Year 1?
Answer:
$10,191
Explanation:
Calculation for the amount of interest expense that Willette will report for the six months ended June 30, Year 1
First step is to calculate the Semiannual interest payment using this formula
Semiannual interest payment = Face amount × (Rate ÷ 2)
Let plug in the formula
Semiannual interest payment = $240,000 × (6% ÷ 2)
Semiannual interest payment= $7,200
Second step is to calculate the Allocation of discount using this formula
Allocation of discount = (Face value of bonds − Issue price) ÷ Number of interest payments
Let plug in the formula
Allocation of discount = ($240,000 - $180,181) ÷ (10 years × 2 payments per year)
Allocation of discount = $59,819 ÷ 20
Allocation of discount = $2,991
Now let calculate the Interest expense using this formula
Interest expense = Interest payment + Allocation of discount
Let plug in the formula
Interest expense = $7,200 + $2,991
Interest expense = $10,191
Therefore the amount of interest expense that Willette will report for the six months ended June 30, Year 1 will be $10,191
biggest transition between school and post school
Select the correct answer.
What is an opportunity cost?
Olost benefits of other opportunities
cost of taking up an opportunity
costs incurred to receive the benefits of an opportunity
O costs incurred when the wrong opportunity is selected
Answer:
lost benefits of other opportunities
Explanation:
Answer: lost benefits of other opportunities
Explanation:
what are the components of micro environment
Explanation:
the factors or elements in a firm's immediate environment which affect its performance and decision-making; these elements include the firm's suppliers, competitors, marketing intermediaries, customers and publics.
hope this helped :)
From the end of 2010 to the end of 2011, M1 increased from $2,006 billion to $2,311 billion. By what percentage did M1 increase?
Answer:
15.20%
Explanation:
The computation of the M1 increase is shown below:
= (M1 End of the year 2011 - M1 end of the year 2010) ÷ M1 End of the year 2010
= ($2,311 billion - $2,006 billion) ÷ ($2,006 billion)
= 15.20%
The school zone has posted speed limits of 25mph during school hours. Define Incentives, and provide an example of one negative incentive
and an example of one positive incentive that could be used to encourage motorists to obey the speed limit.
Answer:
To encourage someone to do something.
Explanation:
Incentives is defined as a thing that encourages someone to do something. One negative incentive is to charge a big fine on the motorists for the high speed in the school hours so that they obey the laws strictly while on the other hand, example of positive incentive is to give rewards or gifts or medals to those who obeys the law of speed limits in the school hours.
What is the role of the third part in mediation?
A. Adversary
B.Advocate
C.Friend
D.Facilitator
Answer:
b
Explanation:
Answer:
facilitator
Explanation:
A Ground Fault Circuit Interrupter (GFCI) is designed to do which of the following?
Select all that apply.
Detect when the current leakage is greater than 5 mA.
Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.
Interrupt the flow of electric current by tripping quickly enough to prevent electrocution from leakage
Answer: Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.
Explanation:
The main purpose of a Ground Fault Circuit Interrupter (GFCI) is to ensure that when a person gets electrocuted, the flow of electricity is cut off quickly so that no serious injuries or death occurs.
It works by monitoring the electrical leakage to the ground by checking to see if the current going to and coming from the equipment differ by a certain amount and if it does, the GFCI will interrupt the circuit.
Answer:
All of them,
Explanation:
I want YOUR HONEST OPINION. Imagine that you have been approved to participate in a cooperative education program. In two or three sentences, indicate where you would like to work and describe what you hope to learn from your job placement there. Be sure to include three to five specific examples of what you would hope to learn.
Answer:
find it so answer is right
Warren peace bookstore issues a note with no stated interest rate in exchange for a building. in accounting for the transaction:
Answer:
the options are missing, so I looked for them.
the options are:
The note is recorded at its face amount unless the fair value of the building is readily available. The building should be depreciated over the note’s term to maturity. Both the note and building are recorded at the fair value of the note or the fair value of the building, whichever is more clearly determinable. If fair values of the note and building are unavailable, the note should be recorded at its face amount.The correct answer is:
4. If fair values of the note and building are unavailable, the note should be recorded at its face amount.
An instrument used to enlarge or reduce a map is known as
Answer:
pantograph
Explanation:
you can use a pantograph to do this.
Research cultural business communication etiquette for a country outside of the USA, and list 5 tips for successful cultural communication and etiquette in a business setting. Include the name of your country, the 5 tips (bulleted statements) and the website URL of your research used.
Answer:
wow
Explanation:
1. A metal box of weigh 20 N rests on its 1 m by 0.6m side on floor. How
much is the pressure exerted by the metal box on the floor? Take g=
10 m/s?
C.
answer:
explanation: Pressure = force / area
P = 20/ 1×0.6
P = 20/0.6
P = 33,33 N/m^2
The pressure exerted by metal box on the floor is 33.34 [tex]N/m^{2}[/tex]
Pressure is defined as force per unit area.
[tex]Pressure=\frac{Force}{Area}=\frac{F}{A}[/tex]
Force,[tex]F=20N[/tex] and Area [tex]A=0.6*1=0.6m^{2}[/tex]
Pressure = [tex]\frac{20}{0.6}=33.34N/m^{2}[/tex]
Therefore, Pressure exerted by metal box on the floor is 33.34 [tex]N/m^{2}[/tex]
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in humans happens meaning the process needs male and female parent.A.SEXUAL REPRODUCTION B.ASEXUAL REPRODUCTION C.OVULATION D.MENSTRATION
Answer:
A.SEXUAL REPRODUCTION
Explanation:
Podunk tech university's office of student affairs would like to estimate the proportion of podunk tech's students who have smoked marijuana in the past month. the office of student affairs would like to estimate the population proportion p to within .04 with 95% confidence.
Answer:
600
Explanation:
Requirement "What sample size is required if the Office of Student Affairs has no knowledge of the approximate value of p? (Round your answer up to the next largest integer)."
Margin of error, m = 0.04
Confidence level, 1-∝=0.95
Assume that p = 0.5 as proportion is not given.
At 95% confidence(∝=0.05). the tabulated value from the z-table is 1.96
n = p(1-p)[z∝/m]^2
n = (0.5)(1-0.5)[1.96/0.04]^2
n = (0.5)(0.5)(2401)
n = 600.25
n = 600
So, the required samplesize would be 600
Which best lists the qualifications common to someone working in Facility and Mobile Equipment Maintenance?
A) knowledge of engines, identifying and fixing problems, customer service skills, and ability to use tools and technical equipment
B) standing for long periods in uncomfortable environments, critical thinking skills, knowledge of laws and regulations, and safety knowledge
C)constantly watching for hazards, ability to deal with delays, work long hours and travel, and responsibility for others
D) identifies ways to improve a process, independence, knowledge of product supply chain, and negotiation skills
Answer:
A). Knowledge of engines, identifying and fixing problems, customer service skills, and the ability to use tools and technical equipment.
Explanation:
Facility and Mobile Equipment maintenance services primarily deal with the maintenance, mending, and servicing of the transportation expertise for cars or aircraft. Thus, the individuals working with such a company would possess a very deep and precise knowledge of the engines which assists them in upkeeping the machines without any flaw. They also deal with repairing and thus, they also possess the ability to identify and fix the problems which hinder the machine to work smoothly. Customer service skills are a must as then only they could interact with the customer to discuss the problems occurring in their machines and provide quality assistance to them. Proficiency in the use of tools and equipment aids them to fix the technical errors of aircraft or cars. Thus, option A is the correct answer.
Answer:
a
Explanation:
just did the question
An overcurrent condition may result
from?
A) an overload
B) a short-circuit
C) a ground-fault
D) all of these
Answer:
A.an overload circuit
Explanation:
i hope that help