Answer:
c. the substitution effect of the price change will cause Harry to buy more tacos and fewer subs.
Explanation:
Since the price of tacos decreased, subs became relatively more expensive. The substitution effect occurs when a consumer (Harry in this case) changes his consumption habits because the price of the goods changes. In this case, tacos become cheaper, and therefore, Harry will obtain more utils per dollar.
Rajesh Limited
Rajesh Limited is a company in the IT industry. Rajesh Limited developed software and
patented it, together with the skills of the staff operating the software. Staff are required to give
one month’s notice of their resignation.
Adapted from: Kolitz, D.L. & Service, C.L. 2020. GAAP Graded Questions. Durban: Lexis Nexis
You are required to:
Briefly discuss, whether the patent and the staff skills may be recognised as an intangible asset
in terms of IAS 38, Intangible Assets. (15 Marks)
Under IAS 38, Patents can be included as an intangible asset but the economic gain from a team of staff skills is not certain for the organization and there is no control over such gain unless it is protected by legal rights and it meets the other parts' definition of intangible asset.
What is IAS 38?The International Accounting Standard(IAS 38) deals with recognizing, measuring, and disclosure of intangible assets. An intangible asset is an identifiable non-financial asset without bodily substance.
Intangible assets include computer software, licenses, trademarks, patents, films, copyrights, and import quotas.
Therefore, Under IAS 38, Patents can be included as an intangible asset but the economic gain from a team of staff skills is not certain for the organization and there is no control over such gain unless it is protected by legal rights and it meets the other parts' definition of intangible asset.
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Develop another plan for the Mexican roofing manufacturer described in Examples 1 to 4 (pages 538 – 542 ) and Solved
Problem 13.1 (page 554 ).
a) For this plan, plan 5, the firm wants to maintain a constant
workforce of six, using subcontracting to meet remaining
demand. Is this plan preferable?
b) The same roofing manufacturer in Examples 1 to 4 and Solved
Problem 13.1 has yet a sixth plan. A constant workforce of seven
is selected, with the remainder of demand filled by subcontracting.
c) Is this better than plans 1–5?
Select the correct text in the passage.
Which sentences highlight the correct way of selecting employees for performance rewards?
Liam is the head of the customer service division of a company. He selects employees for rewards by assessing their performance against certain
standards. He considers customer satisfaction as an important factor in measuring employee performance. Bruce is a manager in the production
division of the same company. He chooses employees for rewards based on his personal likings. He rewards employees who share his hobbies and
enjoy indoor sports.
The correct text in the passage is -
Liam is the head of the customer service division of a company. He selects employees for rewards by assessing their performance against certain standards.
This is the correct way of selecting employees for performance rewards
Liam will be in contact with many humans from one of a kind parts of the world, so their thoughts and customs may also become distinctive. whilst it is essential that Liam has a extensive view of the customs of various cultures, customer service, being at the forefront of the sort of diverse organization, he should actively listen and discover all the answers that can be supplied to his place of work.Learn more about customer service https://brainly.com/question/13540066
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The accompanying graphs illustrate an initial equilibrium for the economy. Suppose that oil prices increase temporarily.
Use the graphs to show the new positions of aggregate demand (AD), short-run aggregate supply (SRAS), and long-run aggregate supply (LRAS) in both the short-run and the long-run, as well as the short-run (ESR) and long-run (ELR) equilibria resulting from this change. Then answer what happens to the price level and GDP.
In response to the temporary increase in oil prices, the short-run equilibrium experiences a higher price level and lower GDP, while the long-run equilibrium sees a higher price level and unchanged GDP.
In the short-run, the AD curve shifts leftward due to the increase in oil prices. This is because higher oil prices increase production costs for firms, leading to reduced consumption and investment spending by households and businesses.
As AD shifts leftward, it intersects with the SRAS curve at a new short-run equilibrium (ESR). At this new equilibrium, the price level increases while GDP decreases compared to the initial equilibrium.
In the long-run, the SRAS curve adjusts to the higher oil prices as firms gradually reduce production and adjust their input costs. This adjustment reflects the fact that higher oil prices affect the overall cost structure of the economy.
As the SRAS curve shifts leftward, it eventually intersects with the LRAS curve at a new long-run equilibrium (ELR). At this equilibrium, the price level is higher than the initial equilibrium due to the higher oil prices. However, GDP returns to its potential level determined by the LRAS curve.
Therefore, in response to the temporary increase in oil prices, both the price level and GDP initially decrease in the short-run but eventually stabilize in the long-run, with a higher price level and unchanged GDP compared to the initial equilibrium.
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The performance plan will include a section that identifies all of the following EXCEPT
Answer:
where are the choices please so I can help you
Click this link to view O*NET's Work Activities section for Special Education Teachers. Note that common activities are listed toward the top, and less common activities are listed toward the bottom. According to O*NET, what are common work activities performed by Special Education Teachers? Check all that apply. O establishing and maintaining interpersonal relationships o operating vehicles, mechanized devices, or equipment documenting/recording information o evaluating information to determine compliance with standards communicating with supervisors, peers, or subordinates repairing and maintaining equipment
Answer:
a,c,d on edge
Explanation:
Common work activities performed by Special Education Teachers, as per general expectations of their role, include Establishing and maintaining interpersonal relationships: Special Education Teachers often work closely with students, parents, and other education professionals to build positive and effective relationships to support the learning and development of students with special needs.
Documenting/recording information: Special Education Teachers regularly document students' progress, behavior, and any other relevant information to track their development and create individualized education plans.
Evaluating information to determine compliance with standards: They assess students' performance and progress to ensure that they are meeting educational standards and make necessary adjustments to teaching methods if required.
Communicating with supervisors, peers, or subordinates: Special Education Teachers collaborate with school administrators, fellow teachers, and support staff to coordinate efforts and optimize educational outcomes for students with special needs.
Please note that this information is based on the general duties and responsibilities of Special Education Teachers and may vary depending on the specific educational institution and location. For the most up-to-date and comprehensive information, it's best to refer to O*NET's Work Activities section for Special Education Teachers.
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QUESTION 6 of 10: A business plan should:
a) Include and discuss risks
b)
Never mention risks because they scare off investors
c) Primarily focus on risks
d) None of the above
A business plan should include and discuss risks.
What is a business plan?A business plan is a detailed document that outlines a company's objectives and how it intends to accomplish them. A business plan is a documented roadmap for the company's marketing, financial, and operational goals. Business plans are used by both startups and established businesses.
A business plan is an important document that is intended for both external and internal audiences. A business plan, for example, is used to seek funding before a company has developed a proven track record. It can also aid in obtaining loans from financial organizations.
A business plan may also keep a company's management team on the same page concerning key action items and on track to reach set goals.
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Answer:
A) Include and discuss risks
Explanation:
Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from 7.61 on December 31, 2018, to 7.82 on June 30, 2019, what would the implied earnings yield be?
The implied earnings yield be 4.1%.
Thus, the correct option is B.
What do you mean by earnings?The net advantages of a corporation's operations are its earnings. Additionally, earnings are the source of corporation tax obligations.
EBIT and EBITDA are two additional terms that are more specifically utilized for a study of certain areas of company operations. There are other other names for earnings that are frequently used, including income and profit.
Earnings are the sum of money that a person or organization receives over a specific time period.
They can be found on an income statement for a business and are used to gauge how profitable it is. Better financial performance is typically indicated by higher recurring earnings, which can also have a beneficial effect on stock values.
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the oriole mills company has just disclosed the following financial information in its annual report sales of 1.47 million, cost of goods sold of $817,100, depreciation expenses of $179,600, and interest expenses of $ 94,000. Assume that the firm has an average tax rate of 29 percent. Compute the cash flows to investors from operating activity.
The cash flows to investors from operating activities for Oriole Mills Company is $543,973.
To compute the cash flows to investors from operating activities, we need to start with the net income and make adjustments for non-cash expenses and changes in working capital. The formula to calculate cash flows from operating activities is as follows:
Cash Flows from Operating Activities = Net Income + Depreciation Expenses + Non-Cash Interest Expenses - Increase in Current Assets + Increase in Current Liabilities + Decrease in Current Assets - Decrease in Current Liabilities
Given the financial information provided, we can calculate the cash flows to investors from operating activities as follows:
Net Income:
Net Income = Sales - Cost of Goods Sold - Depreciation Expenses - Interest Expenses - Taxes
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($1,470,000 - $817,100 - $179,600 - $94,000) * 0.29
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($379,300 * 0.29)
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - $109,927
Net Income = $269,373
Depreciation Expenses = $179,600
Non-Cash Interest Expenses = $94,000
Changes in Working Capital:
Increase in Current Assets = 0 (no information provided)
Increase in Current Liabilities = 0 (no information provided)
Decrease in Current Assets = 0 (no information provided)
Decrease in Current Liabilities = 0 (no information provided)
Finally, we can calculate the cash flows to investors from operating activities:
Cash Flows from Operating Activities = $269,373 + $179,600 + $94,000 + 0 + 0 + 0 + 0
Cash Flows from Operating Activities = $543,973
Therefore, the cash flows to investors from operating activities for the Oriole Mills Company is $543,973.
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If your company were to have a cost of goods sold expense lower than the sales revenue during the month of December, what would your result be for the month?
Net loss
Net income
Expenses > revenue
Net profit
Answer:
Explanation:
If the cost of goods sold expense for a company is lower than the sales revenue during the month of December, then the company would have a positive result or a profit for the month. This means that the company's revenue from sales was greater than the cost of the goods that were sold, leading to a surplus. The profit would be calculated by subtracting the cost of goods sold from the sales revenue. The company's ability to generate a profit is a positive indicator of its financial health and can provide funds for growth and expansion
Pacific Ink had beginning work-in-process inventory of $959,660 on October 1. Of this amount, $402,560 was the cost of direct materials and $557,100 was the cost of conversion. The 58,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs. During October, 122,000 units were transferred out and 40,000 remained in ending inventory. The units in ending inventory were 80 percent complete with respect to direct materials and 40 percent complete with respect to conversion costs. Costs incurred during the period amounted to $3,005,200 for direct materials and $3,786,840 for conversion.
Required:
Compute the costs of goods transferred out and the ending inventory using the weighted-average method.
Answer:
Pacific Ink
Cost of goods transferred out = $6,540,420
Ending inventory = $1,211,840
Explanation:
a) Data and Calculations:
Units Materials Conversion Total
Beginning WIP inventory $402,560 $557,100 $959,660
Costs incurred during the period $3,005,200 $3,786,840 $6,792,040
Total production costs $3,407,700 $4,343,940 $7,751,700
Units in WIP inventory 58,000 30% 30%
Units transferred out 122,000 100% 100%
Ending inventory 40,000 80% 40%
Units started 104,000 (122,000 + 40,000 - 58,000)
Equivalent unit of production Units Materials Conversion
Units transferred out 122,000 122,000 122,000
Ending inventory 40,000 32,000 16,000
Equivalent units 154,000 138,000
Cost per equivalent unit:
Total production costs $3,407,700 $4,343,940
Equivalent units 154,000 138,000
Cost per equivalent unit $22.13 $31.48
Costs assigned to:
Cost of goods transferred out $2,699,860 $3,840,560 $6,540,420
Ending inventory 708,160 503,680 1,211,840
Total costs assigned $3,408,020 $4,344,240 $7,752,260
Which examples demonstrate common education and qualifications for Counseling and Mental Health Services careers? Check all that apply.
1. Soo uses leadership skills to guide a group of people in religious worship.
2. Jacqueline stays calm even when counseling patients who are angry or upset.
3. Brent uses math skills to help people fill out financial paperwork.
4. Nakisha provides therapy to families and has a master’s degree in Psychology.
5. Tao pays close attention to what patients say and how they behave during counseling sessions.
6. Adam lifts and carries young children while playing with them outdoors.
Answer:
Jacqueline, Nakisha, Tao or B, D, E
Explanation:
got it right
Answer:
B. Jacqueline stays calm even when counseling patients who are angry or upset.
D. Nakisha provides therapy to families and has a master’s degree in Psychology.
E. Tao pays close attention to what patients say and how they behave during counseling sessions.
Explanation:
edge 2021 :)
stay safe and good luck <3
A lumber company purchases and installs a wood chipper for $204,000. The chipper is classified as MACRS 7-year property. Its useful life is 10 years. The estimated salvage value at the end of 10 years is $25,000. Using MACRS depreciation, compute the first-year depreciation.
Answer:
the first year depreciation using MACRS depreciation is $28,580
Explanation:
The computation of the first year depreciation using MACRS depreciation is given below:
Here the depreciation rate is 14.29% for the first year
And, the cost of the wood chipper is $204,000
So, the first year depreciation expense is
= $204,000 × 14.29%
= $28,580
Hence the first year depreciation using MACRS depreciation is $28,580
Which situation best describes an oligopoly?
A. A city government selects one company to provide clean water for
its residents.
B. A large oil company buys all of its competitors and shuts them
down permanently.
C. A group of vendors compete to sell the same drinks to fans at a
baseball game.
D. A few large airlines work together to set high prices and eliminate
new competitors.
what is primary socialization
Answer:
Primary socialization occurs early in a child's life and is primarily due to the influence of family and close friends. Through primary socialization, a child learns basic societal norms and customs. Toilet training is an example of primary socialization.
Explanation:
Steps to follow when preparing a budget
Answer:
1. Assess your financial resources
The first step is to calculate how much money you have coming in each month. This might be investment income, government assistance, student loans, employment income, disability benefits, retirement pensions or money from other sources.
2. Determine your expenses
Next you need to determine how you spend your money by reviewing your financial records. If your records aren't clear, consider keeping a financial diary to track your spending.
Be sure to separate the fixed expenses that you must meet (mortgage, rent, car payments, insurance) from variable expenses (food, clothing, entertainment, charitable gifts). Once you see your spending patterns, you may be able to make adjustments to certain expenses.
3. Set goals
Establish a list of the goals you wish to achieve. These can be long-term goals like purchasing property or funding your retirement. Or they can be short-term goals such as home improvements or car maintenance.
4. Create a plan
Once you've figured out how much money is coming in and where it's going, you can put together a plan that matches your goals with your financial situation.
5. Pay yourself first
When you pay yourself first you simply set aside a certain amount of money each month to go into an account that you will not touch. You can set up a separate savings account for infrequent but anticipated expenses, such as property taxes, vacations, automobile insurance or car maintenance. Our Jumpstart® is specially designed for these types of savings plans.
6. Track your progress
At the end of each month, you should re-evaluate your budget. Compare your actual expenses and income to your budget and make appropriate adjustments.
Once your budget is done, things are bound to change. They always do. So stay flexible. And remember, a budget is only a guideline. It doesn't factor in non-financial considerations that can result from drastic changes in spending habits.
provide one concluding statement and two recommendations on the issue if human rights violation to communities
Human rights are fundamental rights that every person is entitled to, regardless of race, sex, nationality, religion, or any other characteristic. Human rights violation is a significant concern, especially for communities that suffer from discrimination, poverty, and marginalization. The following are a concluding statement and two recommendations on the issue of human rights violations to communities.
Concluding statement
Human rights violations to communities are a global problem that affects many people. Governments and societies must come together to protect these vulnerable communities from any form of abuse, exploitation, and discrimination. It is essential to promote respect for human rights and ensure that human dignity is upheld.Recommendations
Promote awareness and education about human rights: Promoting education and awareness on human rights can help to prevent human rights violations. Educating communities on their rights can empower them to advocate for their rights and hold accountable those who violate their rights. Governments can invest in campaigns that sensitize communities on their rights and establish policies that support and protect human rights.Strengthen human rights institutions: Human rights institutions play a vital role in protecting human rights. Governments should invest in these institutions to enable them to carry out their mandates effectively. It is essential to ensure that the institutions are independent, have adequate resources, and are staffed with skilled and professional individuals. Governments should also provide a framework that allows these institutions to collaborate and share information on human rights violations.For such more questions on Human rights
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Morgan wrote the following goal: I will save money from each paycheck to buy the Salomon racing skis. Which guideline did she forget to follow?
Make it measurable.
Break long-term goals into short-term goals
Use detail.
Include a plan.
The pumping cost for delivering water from the Ohio River to Wheeling Steel for cooling hot rolled steel was $1.8 million for the first 4 years. An effective energy conservation program resulted in a reduced cost of $1.77 million in year 5, and $1.74 million in year 6, and amounts decreasing by $30,000 each year through year 10. What is the present worth of the pumping costs in year 0 at an interest rate of 6% per year
At the end of 2017, Buckeyes Industries had a deferred tax asset account with a balance of $28 million attributable to a temporary book-tax difference of $70 million in a liability for estimated expenses. At the end of 2018, the temporary difference is $75 million. Buckeyes has no other temporary differences. Taxable income for 2018 is $200 million and the tax rate is 40%
Prepare the journal entry(s) to record income taxes assuming it is more likely than not that one-fourth of the deferred tax asset will not ultimately be realized.
Taxation is a term for when a taxing authority, usually a government, levies or imposes a financial obligation on its citizens or residents. Since ancient times, paying taxes to governments or officials has been a fundamental aspect of civilisation.
Deferred tax assets and liabilities are categorized in what ways on the balance sheet?If a reporting firm submits a classified balance sheet, deferred tax assets, liabilities, and any associated valuation allowance shall be classified as noncurrent.
Asset/liability strategy : Financial Accounting Standard (FAS) 109 Accounting for Income Taxes (FASB, 1992) outlines the current accounting for deferred taxes and mandates that firms account for taxes using the asset/liability model.
A delayed tax liability typically arises when the government's accounting practices diverge from those of a conventional business. One frequent illustration is the depreciation of fixed assets. Companies often use a straight-line depreciation approach to disclose depreciation in their financial accounts.
A "temporary difference" is the distinction between the carrying value and the tax base. The temporary difference is multiplied by the tax rate to determine the deferred tax liability. The only thing left to do is to calculate the difference once the deferred tax due has been established.
Answer : Taxes total 200, however there are additionally 70 million and in 2018 there is also.
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Coast-to-Coast Shipping Company's general manager reports quarterly to the
company president on the firm's operating performance. The company uses a
budget based on detailed expectations for the forthcoming quarter. The general
manager has just received the condensed quarterly performance report shown
below.
Budget Actual Variance
Net revenue $8,000,000 $7,600,000 $400,000 U
Fuel $160,000 $157,000 $3,000 F
Repairs and maintenance 80,000 78,000 2,000 F
Supplies and miscellaneous 800,000 788,000 12,000 F
Variable payroll 5,360,000 5,200,000 160,000 F
Total variable costs* $6,400,000 $6,223,000 $177,000 F
Supervision $160,000 $164,000 $4,000 U
Rent 160,000 160,000 ___
Depreciation 480,000 480,000 ___
Other fixed costs 160,000 158,000 2,000 F
Total fixed costs $960,000 $962,000 $2,000 F
Total costs charged against Revenue $7,360,000 $7,185,000 $175,000 F
Operating income $640,000 $415,000 $225,000 U
U = Unfavorable F = Favorable
*For purposes of this analysis, assume that all these costs are totally variable with respect to sales
revenue. In practice, many are mixed and have to be subdivided into variable and fixed components
before a meaningful analysis can be made. Also assume that the prices and mix of services sold remain
unchanged.
Although the general manager was upset about not obtaining enough revenue, she was happy that her
cost of performance was favorable; otherwise her net operating income would be even worse.
The president was totally unhappy and remarked: "I can see some merit in comparing actual
performance with budgeted performance because we can see whether actual revenue coincided with our
best guess for budget purposes. But I can't see how this performance reports helps me evaluate cost
control performance."
Required:
1. Prepare a columnar flexible budget for Coast-to-Coast Shipping at revenue levels of $7,000,000;
$8,000,000; and $9,000,000. Assume that the prices and mix of products sold are equal to the budgeted
prices and mix.
2. Express the flexible budget for costs in formula form.
3. Prepare a condensed table showing the master (static) budget variance, the sales volume variance,
and the flexible budget variance
1. Columnar Flexible Budget:
$7,000,000 $8,000,000 $9,000,000
Net Revenue $7,000,000 $8,000,000 $9,000,000
Fuel $140,000 $160,000 $180,000
Repairs and Maintenance $70,000 $80,000 $90,000
Supplies and Miscellaneous $700,000 $800,000 $900,000
Variable Payroll $4,690,000 $5,360,000 $6,030,000
Total Variable Costs* $5,600,000 $6,400,000 $7,200,000
Supervision $140,000 $160,000 $180,000
Rent $160,000 $160,000 $160,000
Depreciation $480,000 $480,000 $480,000
Other Fixed Costs $160,000 $160,000 $160,000
Total Fixed Costs $940,000 $960,000 $960,000
Total Costs $6,540,000 $7,360,000 $8,160,000
Operating Income $460,000 $640,000 $840,000
2. Formula for Flexible Budget Costs:
Total Variable Costs = (Variable Cost per Unit * Net Revenue) + Total Fixed Costs
3. Condensed Table:
Variance Master (Static) Budget Sales Volume Variance Flexible Budget Variance
Net Revenue $400,000 UF $0 $200,000 UF
Total Costs $175,000 F $0 $50,000 F
Operating Income $225,000 U $0 $150,000 U
The Master (Static) Budget Variance is the difference between the budgeted net revenue and the actual net revenue. In this case, it is an unfavorable variance of $400,000.
The Sales Volume Variance is the difference between the flexible budget net revenue and the budgeted net revenue. Since there is no change in the sales volume, this variance is zero.
The Flexible Budget Variance is the difference between the flexible budget total costs and the actual total costs. In this case, it is a favorable variance of $50,000. This indicates that the company was able to control costs better than anticipated.
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Id.k the labels for em :/
Answer:
Sole property ship- one owner
Partnership-multiple owners.
Explanation:
introduction of business presentation on investment: securities
Securities play a vital role in modern investment portfolios, providing individuals and organizations with opportunities to grow their wealth and achieve their financial goals.
Securities are financial instruments that represent ownership or a creditor relationship with a corporation, government, or other organizations. They are tradable assets, such as stocks, bonds, mutual funds, and exchange-traded funds (ETFs).
The primary goal of investing in securities is to generate returns through capital appreciation, income generation, or a combination of both. By investing in securities, individuals and businesses can diversify their portfolios, mitigate risks, and potentially earn higher returns than traditional savings accounts.
Securities offer various advantages to investors. Stocks provide an ownership stake in a company, offering potential capital gains and dividend income. Bonds, on the other hand, represent loans made to governments or corporations and offer fixed interest payments. Mutual funds and ETFs enable investors to pool their money and gain exposure to a diversified portfolio managed by professionals.
Investing in securities requires careful consideration of individual risk tolerance, investment horizon, and financial objectives. It is crucial to conduct thorough research, analyze market trends, and seek professional advice when making investment decisions.
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Zortek Corp. budgets production of 400 units in January and 200 units in February. Each finished unit requires five pounds of raw material Z, which costs $2 per pound. Each month's ending inventory of raw materials should be 40% of the following month's budgeted production. The January 1 raw materials inventory has 130 pounds of Z. Prepare a direct materials budget for January. ZORTEK CORP Direct Materials Budget For Month Ended January 31 Budget production (units) Materials needed for production (bs ) Total materials requirements (bs.) Materiais to be purchased (lbs.) Total cost of direct materials purchases unts bs lbs. bs. lbs. ibs bs per b
Total cost of direct materials purchases is $4540.
Prepare direct material budget for January :
Budgeted production (units) 400
raw material per unit 5
Materials needed for production (lbs.) 2000
Add: Desired ending inventory (200*5*40%) 400
Total materials requirement (lbs.) 2400
Less: Beginning inventory (130)
Materials to be purchased (lbs.) 2270
Rate per pound 2
Total cost of direct material purchases 4540
In economics, demand is the amount of a very good that customers are inclined and capable of buy at diverse charges at some stage in a given time. the relationship amongst price and quantity call for is likewise called the call for curve.
call for is the customer's preference to buy a specific right or service. marketplace call for is the call for for a particular unique in the marketplace. combination name for is the overall call for for gadgets and services in the financial machine. demand and supply in shape determines the price of the pleasant or provider. information the concept of name for.
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Discuss the difference between absolute advantage and comparative advantage. Which is more important in determining trade patterns
Answer:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries while A country has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries
Comparative advantage is more important in determining trade patterns
Explanation:
For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.
for country A,
opportunity cost of producing beans = 5/10 = 0.5
opportunity cost of producing rice = 10/5 = 2
for country B,
opportunity cost of producing rice = 5/10 = 0.5
opportunity cost of producing beans = 10/5 = 2
Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice
Country A has absolute advantage in the production of beans while country B has absolute advantage in the production of rice
PLEASE HELP ME QUICK!
Which of these is not an example of a trade restriction?
a. paying a subsidy to domestic farmers
b. charging a tariff on imports
c. taking land to build an airport
d. limiting the import of certain goods
Answer:
c. taking land to build an airport.
Explanation:
While the other options (a, b, and d) are examples of trade restrictions, the act of taking land to build an airport is not directly related to trade restrictions. It is more related to the acquisition of land for public infrastructure development, which may involve eminent domain or other legal processes.
Different textbooks were grouped in various ways but in general the six main external environments are economy citing culture politics and law competition technology and natural environment yes or no
It is true that in general, the six main external environments are economy culture, politics and law, competition, technology and natural environment.
What are the factors in external environment?An external environment is made up of all the outside factors or influences that have an impact on how a business operates. To maintain the flow of operations, the company must act or react.
The external environment is divided into two types: microenvironment and macroenvironment in which the micro environment consists of the factors that directly impact the operation of a company while the macro environment consists of general factors that a business typically has no control over.
Businesses should consider the following external environment factors which are political, economic, social and cultural, legal, technological, and environmental/natural.
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What can HR professionals do to mitigate concerns about pregnancy discrimination in the workplace? What does the law say companies need to do to avoid violating the rights of pregnant employees?
With our combined efforts as one HR, there is no cause we cannot influence. Knowing the law and interacting with expectant women are the greatest ways to stop pregnancy prejudice.
Employers place a high premium on discouraging pregnancy prejudice. The Pregnancy Discrimination Act of 1978's new EEOC rules have made it a particularly controversial topic in today's society. The best thing you can do to defend yourself in court is to train all managers or supervisors, but especially those who are directly in charge of supervising workers.
When you learn that a coworker is pregnant, you must show her respect and use caution. You should merely express gratitude to the worker for informing you. Offer pregnancy prejudice your support and assure her that, if necessary, you would make accommodation's that are reasonable in nature for her.
Never indicate that an employee's pregnancy is a burden on the company, and neither should your supervisors. Before approaching a pregnant employee, ask a member pregnancy prejudice of your human resources team any questions you may have about what to ask or not ask.
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Find legal issue and legal principle, explain. (20 scores)
A famous rock band, Mirage, is planning the cover for their latest album. They decide to photograph the band members, alongside a collection of items situated in the grounds of an expensive country hotel. The items include a Rolls Royce partially submerged in a swimming pool, a scooter, and a clock. During the official photography session, a freelance photographer surreptitiously takes photographs of the scene which he sells to a tabloid newspaper. Mirage seeks to restrain the newspaper from publishing photographs of the scene, claiming that the scene is an artistic work which has been unlawfully copied. The newspaper disputes that the collection of objects constitutes a work of art. Mirage also argues that the scene is confidential in nature, whereas the newspaper argues that it is in a public space and hence not confidential.
The legal issue that is illustrated based on the information given is copyright.
What is copyright?
Copyright is a legal term used to describe the rights that creators have over their literary and artistic works.
In this case, during the official photography session, a freelance photographer surreptitiously takes photographs of the scene which he sells to a tabloid newspaper.
The legal issue that is illustrated based on the information given is copyright.
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How can the federal reserve influence the interest rate on credit cards?
A. By shutting down credit card companies that set rates too high.
B. By raising taxes on companies that provide high-interest credit cards.
C.By adjusting the discount rate banks pay to borrow.
D.By setting up federal credit card companies with low rates.
Answer:
C. By adjusting the discount rate banks pay to borrow
Explanation:
A P E X
The federal reserve can influence the interest rate on credit cards by raising taxes on companies that provide high-interest credit cards. Thus, option B is appropriate.
The American financial system's heart is the Federal Reserve System. After a string of financial panics prompted the need for centralized supervision of the monetary system to prevent financial crises, it was established on December 23, 1913, following the passage of the Federal Reserve Act.
Banks and other lenders' interest rate-setting processes are influenced by Federal Reserve decisions. To finance anything from a car or home to your purchases using a credit card, higher Fed interest rates equate to more expensive borrowing charges.
Thus, option B is correct.
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