Business High School
Answers
Answer 1
Consumer and producer surplus.
Related Questions
Samantha is a senior IS a manager for a lighting design company. She decides to invest in an information system that will reduce subcontractor labor costs for her organization by facilitating the relocation of tools and materials to more optimal locations while rearranging workflows. What business strategy does this represent?
Answers
The cost leadership business strategy represents Samantha's actions in investing in an information system that will reduce the costs of subcontracted labor for her organization.
Cost leadership
It is a strategy used with the objective of having the lowest cost in the market. Companies use it with the aim of gaining greater competitiveness and increasing market positioning.
Despite the advantages, cost leadership can be a difficult strategy to implement, since reduced costs are not only inherent to a product, but to the entire company's portfolio, in addition to its structure and supply chain.
Therefore, in order to maintain the strategy, it is necessary for the organization to achieve economies of scale, for the apportionment of fixed costs and expenses.
The correct answer is:
Cost leadership
Find out more information about cost leadership here:
https://brainly.com/question/15359412
Administrative management is concerned with managing ________.
Answers
Answer:the total organization
Explanation:
Crush blush’s cosmetics products are sold to consumers and stylists in beautiful you’s beauty supply store. Crush blush relies heavily on beautiful you to help sell its goods to customers. Beautiful you is a ________ of crush blush products.
Answers
Beautiful you is a distributor of crush blush products.
Who is a distributor?
A distributor is an agent who assist in supplying goods to final consumers. They are middlemen between the producer of a product and another entity in the distribution channel.
The role of distributors in the chain of production is very important because they help make goods available to buyers who need them.
Hence, beautiful you is a distributor of crush blush products with respect to the above information.
Learn more about distributor here : https://brainly.com/question/25736500
Reg has just purchased a new car. The car had a list price of $22,499, and he was responsible for 7. 96% sales tax, a $2,138 vehicle registration fee, and a $262 documentation fee. Reg’s financing has an interest rate of 10. 27%, compounded monthly, and a duration of three years. If Reg makes a monthly payment of $773. 89, which of the following was his down payment? Round all dollar values to the nearest cent. A. $2,000 b. $2,200 c. $2,500 d. $2,800 Please select the best answer from the choices provided A B C D.
Answers
The down payment that would be paid by reg is $2,800.
What is a down payment?
A down payment is the first partial payment for the purchase of price expensive items or services, such as a car or a house. It is usually paid off in cash or equal at the time of finalizing the transaction. A loan of some kind is then asked to finance the remainder of the payment.
Computation of a down Payment:
According to the question,
The total amount of car would be:
[tex]\text{List Price + Sales Tax + Registration Fee + Documentation Fee}\\\\\$22,499+\$1,791+\$2,138+\$262 = \$26,690.[/tex]
r= 10.27%,
[tex]r=\dfrac{10.27}{12\times100}\\\\\\r= 0.00855833[/tex] ,
t= [tex]12\times3\text{Years}=36 \text{Months}.[/tex]
Monthly Payment = $773.89.
Let X be the amount of payment that is given in the starting.
[tex]\text{Monthly Payment} = \dfrac{\text{(List Price - x) r }}{1-(1+r)}}\\\\\\\$773.89 = \dfrac{(22,49-\text{x )0.0085533}}{1-(1+0.0085533)}\\\\\text{x}=$23889.84[/tex]
The amount of down payment would be:
[tex]\text{Down Payment}=\text{Total Amount - Down Payment}\\\\\\\text{Down Payment}=\$26,690-\$23889.84\\\\\text{Down Payment}=\$2,801 \text{App.}[/tex]
Hence, Option D is correct.
Learn more about the down payment, refer:
https://brainly.com/question/1114543
A(n) ______ is defined as trying to earn a profit by providing goods and services that satisfy people's needs and wants.
Answers
Every individual or business wants to make profit this is done by providing goods and services that satisfy people's needs and wants.
What is a business?
A business is an organization that aims at making a profit by providing goods and services that are desired by individuals also known as customers.
Business meets a need and gets profit in return.
Therefore, A Business is defined as trying to earn a profit by providing goods and services that satisfy people's needs and wants.
learn more on business here
https://brainly.com/question/24553900
The economy of texas grew rapidly in the 1990s and was.
Answers
In the 1990s, the economy of Texas saw massive growth which was based on a diversified model.
Economy of Texas Quite diversified Major sectors range from energy production to mining and service production.
A lot of the growth in Texan economy was seen in the 1990s and this led to more people moving to Texas and a heavy investment in the state. This led to Texas having the huge economy it has now.
Find out more on the diversification at https://brainly.com/question/1305941.
In an adjusting entry for expenses incurred but not yet paid ______.
Answers
Answer:
a liability is increasing since cash will be paid in the future due to the expense incurred
Explanation:
Adjusting entries for accruals relate to entries that record revenues and expenses earned or incurred during the period prior to when the cash changes hands. Accrual adjustments include increasing assets and revenue or increasing expenses and liabilities.
Based on carroll’s global corporate social responsibility pyramid, natalie is focused on ________ responsibility while marcus is focused on ________ responsibility.
Answers
Based on Carroll’s global corporate social responsibility Pyramid, Natalie is focused on economic responsibility while Marcus is focused on ethical responsibility.
What is Ethics?
This refers to the proper way of doing things which shows fairness, equity and transparency in business dealings.
With this in mind and from the complete text, we can see that there is the question of ethics which Sybil and Marcus who are both accountants of the organization face.
In this situation, Marcus is more focused on the ethical side of the business, while Natalie is focused on the economic side.
Read more about ethics here:
https://brainly.com/question/13969108
Davidson company has sales of $100,000, variable cost of goods sold of $40,000, variable selling expenses of $15,000, variable administrative expenses of $5,000, fixed selling expenses of $7,000, and fixed administrative expenses of $9,000. What is davidson’s contribution margin?.
Answers
Davidson’s contribution margin for the sale of goods would be : $40,000
What is contribution margin?
Contribution margin is a business' sales revenue less its variable costs. The resulting contribution margin can be used to cover its fixed.
Contribution margin is computed as:
= Sales - Total variable cost(Variable cost of goods sold + Variable selling expenses + Variable administrative expenses)
= $100,000 - ($40,000 + $15,000 + $5,000)
= $100,000 - $60,000
= $40,000
Therefore, Davidson’s contribution margin for the sale of goods would be $40,000
Learn more about contribution margin here : https://brainly.com/question/24309427
The form of business organization where an entity is legally separate from its owners and issues shares of stock is a.
Answers
Answer:
corporation
Explanation:
In an organization that has a ________, a centralized decision-making mechanism helps in the resolution of conflict between subunits.
Answers
We have that the statement is as follows
In an organization that has a ____ functional structure____, a centralized decision-making mechanism helps in the resolution of conflict between subunits.
Centralized decision-making mechanism
Generally,Centralized selection making in a useful shape helps in stopping feasible conditions the place disputes can arise.
We see that centralized choice making mechanism does is that every purposeful branch is required to comply with choices that go with the flow down from the pinnacle administration.
Therefore, In an organization that has a ____ functional structure____, a centralized decision-making mechanism helps in the resolution of conflict between subunits.
For more information on Decision
https://brainly.com/question/13171394
A certain drug treatment cures 90% of cases of hookworm in children. Suppose that 20 children suffering from hookworm are to be treated, and that the children can be regarded as a random sample from the population. Find the probability that:
a. all 20 will be cured
b. no more than 2 will be cured
c. at least 1 will be cured
d. more than 78% will be cured
e. What is the mean and standard deviation of the number of cured out of 20?
f. What is the mean and standard deviation of the proportion of cured out of 20 (Hint: if you define a variable to be the number cured out of 20, the proportion is).
Answers
Answer:
78% of 2.
Explanation:
Get a calculator. Press ON, then press 78 WITH PERCENT IF APPLICABLE. Times 2. Enter, thats your answer is what you get.
A company purchased land in exchange for a $25,000, 10-year note payable. The increase in the Notes Payable account would be recorded with a ______.
Answers
The increase in the Notes Payable account would be recorded with a credit.
Notes payable account:
Assuming the company purchased land in exchange for a $25,000, 10-year note payable the increase in the Notes Payable account would be recorded with a credit.
The appropriate journal entry to record this transaction will be:
Journal entry
Debit Land $25,000
Credit Notes Payable $25,000
(To record note payable)
Inconclusion the increase in the Notes Payable account would be recorded with a credit.
Learn more about notes payable here:https://brainly.com/question/14816928
The evidence-based management approach is based on.
Answers
There are a lot of studies. The evidence-based management approach is based on a composition or combination of critical thinking and the best evidence that is known to be available.
Evidence-based management is known to be deeply rooted in evidence-based facts.
What is the evidence-based management approach?
This is often regarded as the beginning point for evidence-based management.
Here, management decisions should be based on a composition of critical thinking and the best evidence that is present. And by the word 'evidence', we imply all information, facts, etc.
Learn more about evidence-based management approach from
https://brainly.com/question/13171394
When the supply curve shifts out (to the right) and the demand curve shifts out (to the right), the equilibrium quantity will:
Answers
When the supply curve shifts to the right with the demand curve the equilibrium quantity increases.
What is the supply curve
This is the curve that is used to show the relative quantity that is produced by the producers for the market at a given price.
The demand curve on the other hand is a curve that is usdd to show the quantity demanded of goods by consumers at a given price.
Read more on the supply and demand curve here:
https://brainly.com/question/516635
Which communication theory is most relevant to a speaker developing a persuasive speech?
Answers
Answer:
Ethos is the most important appeal in a persuasive speech. Factors such as body language, the willingness of the audience, and the environment in which the speech is given, all affect the success of a persuasive speech.
what's Target's code of ethics?
don't give links as answers, thankyou
Answers
Answer: its basically like your resource for making ethical decisions. Because us humans make numerous amount of decisions at work each day. Our Code can help you navigate challenging situations and align your decisions and behaviours with Target's values. The Code also helps you comply with laws, Target policies and procedures.
Explanation:
Shell oil company’s motto "people, planet and profit" is a real-world implementation of what oscm concept?.
Answers
Answer:
Triple Bottom Line
Explanation:
The triple bottom line is a sustainability framework that measures a business's success in three key areas: profit, people, and the planet.
Which is considered to be pure capitalism, in which the role of government is essentially limited to that of protecting private property and establishing a legal environment for enforcing contracts and market activity?.
Answers
The name which is given to the limitation of government where they are allowed to only protecting private property and enforcing contracts and market activity and is considered a pure capitalism is known as laissez-faire capitalism
What is Laissez-faire capitalism?
This refers to the economic principle which refers to the free market capitalism which resists possible intrusion by the government into market affairs.
With this in mind, we can see that from the given description, we can see that the type of capitalism which was talked about is laissez-faire capitalism.
Read more about capitalism here:
https://brainly.com/question/25879591
A legal arrangement where two or more people share ownership of a business is called a ______. A. Corporation b. Sole proprietorship c. Partnership d. Franchise Please select the best answer from the choices provided A B C D.
Answers
The correct statement is that a legal arrangement where two or more people share ownership of a business is called a partnership. So, the correct option is C.
A partnership may be started by two individuals with an intention to share the profits and losses of such business in a predetermined proportion.
Partnership Firm
A partnership firm is a form of business organization where at least two individuals put their resources and carry a legal business.
The individuals of a partnership firm are collectively known as partners, where they tend to share the profits and losses proportionately to their capital invested.
There exists vicarious liability among the partners, which means that all the partners are liable for the acts of one or more partner as per the legal contract.
A partnership firm may be terminated by lapse of time, dispute between the partners, dissolution, insolvency, but has a perpetual succession.
Hence, the correct option is C that legal arrangement where two or more people share ownership of a business is called a partnership.
Learn more about partnership firm here:
https://brainly.com/question/6346527
Answer:
C
Explanation:
trust me bro
Kirk wants to attend a four-year college. Which cost factors does Kirk need to research for the out-of-state school he wants to attend? Check all that apply. Tuition living expenses local movies and restaurants books.
Answers
The cost factor is the component or circ*mstances associated with a unit of product, to an action or to a service for which funds must be disbursed like for raw material, direct labour etc.
Tuition, living expenses, and books are the cost factors that Kirk need to research.
Explain the cost factors?
Tuition as Kirk is going to study in college he needs to consider the tuition cost as it is not covered under any scholarship programmes.
Living expenses as it is an out-of-state college so he has to move away from his residence, for that he ought to assume living expenditures like rents and other utility tabs.
Books and Lab Fees as a learner, he will require to purchase books and attend laboratory practicals. Thus he must consider the expenses for them as well.
Therefore, options A, B and D are the correct options.
Learn more about cost factors here:
https://brainly.com/question/11279259
A company's beginning Equipment account is $100,000. It purchased $10,000 of new equipment and sold $4,000 of its equipment during the period. The company's ending Equipment balance equals a _____ balance.
Answers
The company's ending Equipment balance equals a $106,000 balance.
Ending Equipment balance
Using this formula
Ending Equipment balance= Beginning Equipment balance+New equipment- Ending Equipment balance
Where:
Beginning Equipment balance=$100,000
New equipment=$10,000
Ending Equipment balance=$4,000
Let plug in the formula
Ending Equipment balance=$100,000+$10,000-$4,000
Ending Equipment balance=$106,000
Inconclusion the company's ending Equipment balance equals a $106,000 balance.
Learn more about ending Equipment balance here:https://brainly.com/question/24401217
What is Entrepreneurship?
Quickly advancing in positions within a corporation.
Acquiring leadership and managerial skills.
Setting up a business with the aim to make a profit.
Marketing and selling products.
Answers
Answer:
Setting up a business with the aim to make a profit.
Explanation:
-Hope this helps!
PLS MARK ME BRAINLIEST
Setting up a business with the aim to make a profit is Entrepreneurship. Hence, option C is correct.
What is Entrepreneurship?
A person who decides to take the risk of starting a new firm is called an entrepreneur. The combination of labour and capital to produce goods or services for profit is called entrepreneurship.
Entrepreneurs take on the risk of trying something new. The process of founding and managing a new business while taking measured risks in the corporate world is at the heart of the definition of entrepreneurship. In other words, it pertains to the capacity to design, organize.
By creating new products and services, they promote new employment, which eventually speeds up economic growth. Therefore, it is necessary to adopt public policies that encourage and support entrepreneurship.
Thus, option C is correct.
For more details about Entrepreneurship, click here:
https://brainly.com/question/18203575
#SPJ2
If the price elasticity of demand for a good is 2.0, then a 10 percent increase in price results in a a. 0.2 percent decrease in the quantity demanded. b. 5 percent decrease in the quantity demanded. c. 20 percent decrease in the quantity demanded. d. 40 percent decrease in the quantity demanded.
Answers
A 10 percent increase in price will results to 20 percent decrease in quantity demanded since the price elasticity of demand for a good is 2.0.
What is price elasticity of demand?
A price elasticity of demand refers to an economic tools that assess the change in consumption of goods in relation to the change in its price.
Hence, the 10 percent increase in price will results to 20 percent decrease in quantity demanded since the price elasticity of demand for a good is 2.0,
Therefore, the Option C is correct.
Read more about price elasticity
brainly.com/question/24705505
hello everyone hows you day i need help
Answers
Answer:
Fine and yours
Explanation:
How can we help you.
Were all loan proceeds used to purchase, build, or improve the home secured by this loan?.
Answers
A loan is usually gotten from a financial institution to solve a financial emergency which was unplanned for.
What is a Loan?
This refers to the obtaining of money from a financial institution and a formal agreement is made for the repayment of the money after a given period of time and with interest.
With this in mind, we can see that loan proceeds can be used to:
Buy a houseGo on a trip, etc
Please note that your question is incomplete so I gave you a general overview to help you get better understanding of the concept.
Read more about loans ere:
https://brainly.com/question/25239160
Suppose that both of the events you have just analyzed are partly responsible for the decrease in the price of calzones. Based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the decrease in the price of calzones?.
Answers
Based on the arguments given, the best option is that A)If the equilibrium quantity of calzones increases, then the supply shift in the market for calzones must have been larger than the demand shift.
Effect of Supply increasing
The number of those selling calzones has increased which would lead to the Supply curve shifting right. This will lead to an increase in the equilibrium quantity.
Effect of demand decreasing
The increase in the complimentary good of beer led to a fall in price and equilibrium quantity as the demand curve shifted leftward.
Dominant cause
If the equilibrium quantity increases then it means that the effect of supply increasing was more than the effect of demand decreasing to the extent that it overrode the decreased quantity as a result of reduced demand.
In conclusion, option A is correct.
Find out more on supply and demand at https://brainly.com/question/4804206.
Hackers access your
customer database,
which includes
addresses and credit
card numbers. These
customers are now at
risk of identity theft, and
they decide to sue you
for violation of their
privacy.
Answers
Answer:
yes it is true
this is your answer
How do temporary accounts differ from permanent accounts?.
Answers
In essence, the temporary accounts differs from permanent accounts because they are cleared out at the end of the accounting period.
What are Permanent and Temporary accounts?
Permanent accounts are account found on the balance sheet (asset, liability, owner's equity accounts etc) while the Temporary accounts are zeroed out by an action called closing.
In conclusion, the temporary accounts differs from permanent accounts because they are cleared out at the end of the accounting period.
Read more about temporary accounts
brainly.com/question/6332985
If you have loaned capital to a firm, then you could be.
Answers
someone who has a claim on the cash flows of the firm. ... If you have loaned capital to a firm, then you could be... a manager.
