Which of the following describes a situation in which there would be
decreasing marginal utility?
A. Buying food in bulk to save money in the long run.
B. Buying normal goods as substitutes for inferior goods,
C. Buying luxury items that you cannot afford.
D. Buying a new car when you already have two cars.
Answer: I believe it is D.
Explanation:
Which of the following traits would be important to a successful
entrepreneur?
A. Ability to work under a supervisor
B. Self-motivation
C. Ability to work well with a fixed schedule
D. Aversion to taking risks
Self-motivation is a trait that would be important to a successful entrepreneur. The correct option is B.
It prevents you from relying on others and encourages you to use your skills to achieve your goals, self-motivation is crucial. Additionally, it enables you to focus on your areas of weakness and prevent them from impeding your plans.
Why is self-motivation important in a business?You can become driven and determined to accomplish a variety of chores and goals throughout the course of the workday by becoming self-motivated. It will be obvious that you're accomplishing more goals and working harder to achieve them if you exhibit strong levels of self-motivation at work.
Self-motivated people limit procrastination and produce results by using discipline and enthusiasm to finish important tasks on time. For entrepreneurs to overcome obstacles and maintain their business practices, they must possess a certain level of self-motivation.
Thus, the ideal selection is option B.
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Think about the evidence presented in the video for why market economies prevailed over Soviet-style communist economies. Match the evidence from the video with the economic statement it supports.
Answer:
A market economy is an economy that is primarly based on free markets, where consumers and producers meet to buy and sell goods and services, and prices are set according to the forces of supply and demand.
A Soviet-style communist economy, is also known as a planned economy or command economy. This is an economy where private property does not exist, the government owns all property, and plans the economy with years of anticipation. Prices are set by the government, as well as the quantities of goods and services that are produced and delivered.
The problem with planned economies is that it becomes too difficult for the government to coordinate economic activity. The government lacks a lot of vital information, and ends up assigning resources to activities that are not efficient. These economies also lack proper prices, which are the signals that coordinate economic activity.
For that reason, the market economies prevailed over the planned economies, they were simply more efficient: better at producing more goods and services, at cheaper prices, and using less resources.
Answer:
The government, not the market, deciding
what gets produced leads to producing
many items consumers don’t want. - There was an abundance of flannel pants
and a lack of jeans.
Command economies have a lack of
incentives to produce what would sell. - The Communist Party “knew what everyone
needed" (or thought it did).
The government answers economic
questions in a command economy. - The Soviet Union’s economy was based
on centralized planning.
Resources can be misused when the
market doesn’t decide how resources
are used. - The emphasis was on military production,
not fashionable clothes.
Market systems respond to signals from
consumers. - Jeans were being sold in the West and
not in the Soviet Union.
Explanation:
PLATO
Below is a table of data collected over a six-month period in a local grocery store. Construct a Pareto analysis of the data and determine the percentage of total complaints represented by the two most common categories. (Round your answer to the nearest whole number). Do not put percentage in answer. All Other 71 Checker 59 General 58 Service Level 55 Policy/Procedures 40 Price Marking 45 Product Quality 87 Product Request 105 Checkout Queue 33 Stock Condition 170
Answer:
Percentage of Complaint 38.04%
Explanation:
Construction of the Pareto analysis of the data to help determine the percentage of total complaints .
First step is to add up the below given number of complaints
All Other 71
Checker 59
General 58
Service Level 55
Policy/Procedures 40
Price Marking 45
Product Quality 87
Product Request 105
Checkout Queue 33
Stock Condition 170
Total complaint=723
Second step is to find the most common complaint among the above listed data.
The most common complaint are Stock Condition 170 and Product Request 105 because they both have the highest number of complaints
Hence,
Stock Condition 170 + Product Request 105
=275
The third step is to find the percentage of the complaint using this formula
Percentage of complaints= Numbers of Most Common complaints /Over all Total of the Complaint ×100
Let plug in the formula
Percentage of complaints =(275/723) x 100
Percentage of Complaints =0.3804×100
Percentage of Complaint =38.04%
Therefore the Percentage of Complaint
will be 38.04%
Casey is on trial under criminal allegations that she engaged in fraudulent behavior at the company she manages. She is worried when
the plaintiff alleges that it has "unambiguous proof that Casey is guilty. Which of the following is most likely true?
Complete Question:
Casey is on trial under criminal allegations that she engaged in fraudulent behavior at the company she manages. She is worried when
the plaintiff alleges that it has "unambiguous proof that Casey is guilty. Which of the following is most likely true?
1. The plaintiff will most likely prove Casey is guilty, since criminal charges only need to meet a prima facie burden of proof.
2. Casey need not worry about the plaintiff's evidence, since parties tend to boast about the level of proof they can establish anyway.
3. If the plaintiff does have unambiguous evidence that meets a "clear and convincing" burden of proof, Casey will most likely be found guilty.
4. If the plaintiff provides proof only up to the level of "clear and convincing," Casey can still be acquitted.
Answer:
3. If the plaintiff does have unambiguous evidence that meets a "clear and convincing" burden of proof, Casey will most likely be found guilty.
Explanation:
In criminal charges, it is expected that the plaintiff will discharge the burden of proof. The burden of proof is a legal duty which ensures that the truth of the facts are clearly established by the person alleging that a crime had been committed. The accused (defendant) is initially presumed innocent under the doctrine of "presumption of innocence". Then, the plaintiff must provide persuasive evidence to establish the truth (unambiguous evidence). After establishing the truth of the facts (providing unambiguous evidence), the plaintiff has an added or heightened burden because he or she is still expected to provide convincing evidence to prove beyond all reasonable doubt (clear and convincing) that the defendant committed the crime. This is the situation in a criminal case for a defendant to be found guilty.
Transcultural global ethics always maintains the value of human rights. Have Google’s operations been consistent with the value of human rights?
Which of the following entry level job requires a four year college degree?
A. Marketing researcher
B. Purchasing agent
C. Graphic designer
D. Retail sales agent
Cash in Hand” considered as_____? 1 point Investment Liability Retained Earnings Asset
Answer:
Asset
Explanation:
In accounting/investment, cash in hand is generally considered to be an asset.
Cash in hand is considered a liquid asset due to the fact that it can easily be accessed or utilized to settle liabilities or acquire other assets. For example, cash in hand can be used to acquire properties, furniture, electronics, etc all of which are considered assets.
Hence, the correct answer is asset.
What might a cruise ship company do to accompany the needs of a single person? Exam Activity 3-1 Hospitality.
Answer:
yes
Explanation:
‘A person starts a business venture because he lost his job’. Which form of entrepreneur is he.
Answer:
sole trader
Explanation:
couse he is running as well as managing his business..i hope that's it..
comment/answer Whats the best personality trait in your opinion?
being funny or easy to talk to
Emy is at dinner with her group of friends when one of them pulls out a new pen that not only writes but takes pictures. It also saves what it writes on a flash drive so the user can download the file later to her laptop through bluetooth. She rolls her eyes and makes a few skeptical comments about the fancy device. Emy’s attitude fits closest to which adopter category?
Answer:
Late Majority.
Explanation:
The adoption of a product by consumers is divided into five categories, namely, innovators, early adopters, early majority, late majority, and laggards. Such customers are known as adopters who adopt to new technology differently. The category of adopters was proposed by Everett Rogers in 1962.
In the given scenario, Emy exemplifies Late majority adopter.
Late Majority adopters are those adopters who adopts new innovation or technology after observing that the product has been adopted fruitfully by the majority of society. They rank on the second last position of the adopters. They are more skeptical to the product before adopting it. So, Emy fits the late majority category of adopters as she is skeptical about the fancy device shown by her friend.
14. Customer centricity requires zooming in on your important customers. As you do so, which
strategies would you want to focus on?
Explanation:
Customer centricity is an approach to doing business that focuses on providing a positive customer experience in order to drive profit and gain competitive advantage. ... Customer-centricity helps you to build trust and loyalty of your customers, but also a solid reputation
The Secret Service protects leaders and investigates financial crimes. Which details would provide helpful factual support to this statement? Check all that apply name of the agency’s leader requirements to join the agency examples of protected leaders year the agency was founded types of crimes it investigates
Answer:
The correct answer will be:
Examples of protected leaders . Types of crimes it investigates.Explanation:
The Secret Service has always been recognized again for proper protection it will provide, touring foreign heads of state, infrastructure, and major sporting events, to something like the country's highest government politicians. The Secret Service incorporates a range of creative technology to provide a safe atmosphere for protected individuals and retains a professionally experienced and empowered workers. The other choices don't apply to the specified scenario. And that's the right choice, above.Answer: C & E on EDG 2021
Explanation: Just did it!
Based on this module, what option would you choose to prepare your taxes? Why? What is one advantage and one disadvantage to using this option to file your tax return?
Answer:
1.1099 form to prepare my taxes
2.The ADVANTAGE is that I will get to fill it out when compare with the W-2 which is already filled out and may take more money than I spent.
3. The DISADVANTAGE is that in a situation where anything I filled in the 1099 form is wrong the IRS may find out which means I will be the one to pay for the damage
Explanation:
1.Based on the module the option I would choose to prepare my taxes is that I will use the 1099 FORM TO PREPARE MY TAXES, reason been that it will gives me an option on telling either the government or IRS of the amount of money I spent in the year.
2.The ADVANTAGE is that I will get to fill it out when compare with the W-2 which is already filled out and may take more money than I spent.
The second ADVANTAGE with the 1099 is that I will definitely get to write an approximate of the amount of money I wasted and the amount of money I needed to get back from the IRS.
3. The DISADVANTAGE is that in a situation where anything I filled in the 1099 form is wrong the IRS may find out which means I will be the one to pay for the damage.
Second DISADVANTAGE is that in a situation where the information I wrote in that form is wrong the IRS will either give me a penalty or charge me more Amount of money.
Which of the following best explains what a forward contract is?
O A. A contract to deliver a particular commodity to a buyer sometime
in the future.
O B. A contract limiting the future liability of one set of partners if a
business fails.
O c. A contract setting a specific price for the exchange of two foreign
currencies
O D. A contract obligating two parties to split payment for a service
from a third party.
Answer:A. A contract to deliver a praticular commodity to a buyer sometime in the future.
Explanation:
A forward contract is a contract to deliver a particular commodity to a buyer sometime in the future. Thus, the correct answer is option A.
What is a forward contract?A forward contract is a tailored agreement between two parties to purchase or sell an asset at a predetermined price on a future date. A forward contract can be used for hedging or speculation, but due to its non-standardized character, it is best suited for hedging.
Forward contracts are called over-the-counter (OTC) instruments because they are not traded on a centralized exchange. Forward contracts, for example, can help agricultural producers and consumers hedge against changes in the price of an underlying asset or commodity.
Financial organizations that initiate forward contracts face a higher level of settlement and default risk than contracts that are marked-to-market on a regular basis.
Therefore, the correct answer is A.
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how does the argument affext the statment
Answer:
In effect, an argument is valid if the truth of the premises logically guarantees the truth of the conclusion.
Explanation: