It is false that segment importance does not affect any of the four risks of planned audit evidence.
There is an inverse relationship between materiality and the level of audit risk. In other words, the higher the level of importance, the lower the audit risk, and vice versa. In determining the nature, timing and extent of audit procedures, auditors consider the inverse relationship between materiality and audit risk.
Materiality is determined by management's risk appetite and tolerance and considers both quantitative and qualitative factors such as perceived reputational risk and regulatory compliance.
Planned discovery risk is a measure of the risk that a segment's audit evidence will not detect a misstatement when it exists beyond an acceptable level. Audit risk is a function of the risk of material misstatement and the risk of detection. Audit risk therefore consists of two components: risk of material misstatement and risk of discovery.
Materiality depends on the scale and nature of the omission or misrepresentation, evaluated in the context of the circumstances. Item size or type, or a combination of both, can be the determining factor.
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Which is an example of an accounting function for a business?
1.) Designing print advertisements
2.) Preparing a balance sheet
3.) Hiring employees
4.) Testing computer software
i. Explain how Supply Chain Management might be applied in your organization to improve competitive performance. ii. The challenges faced and how to overcome them.
i. Supply chain management is an essential component for every organization that needs to improve their competitive advantage. SCM (Supply Chain Management) is the process that organizations use to plan, manage, and execute the flow of goods and services from the origin of the materials to the end-user.
A supply chain involves suppliers, manufacturers, distributors, retailers, and customers.The application of supply chain management in the organization has the following benefits:-
Enhancing the efficiency of the supply chain.
Ensuring consistency in supply chain operations.
Reduction in lead timeImprovement of quality.Improved supplier relationships.
ii. Challenges faced by an organization when implementing the SCM system include:-
Resistance to change
Lack of funds
Resistance to share information
Highly complex systems and processes
Low staff morale
Lack of technology skills among employees
To overcome the resistance to change, an organization needs to ensure that all stakeholders understand the benefits of implementing the SCM system in the organization.
To overcome the financial challenges, an organization needs to seek funding from stakeholders or investors.
To overcome the challenges of sharing information, an organization needs to ensure that all stakeholders understand the benefits of sharing information.
To overcome the challenges of highly complex systems and processes, an organization needs to train its employees on how to operate and maintain the system.
To overcome the low staff morale, an organization needs to involve employees in the decision-making process.
To overcome the challenge of lack of technology skills among employees, an organization needs to train employees on how to use the system and any other technology involved.
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CPA Inc. is a publicly traded company. The stockholders of this company delegate the authority to make decisions for the company to a CEO named Joaquin. The stockholders expect Joaquin to make decisions that will benefit the company. However, Joaquin begins to find ways to maximize his total compensation, which hinders CPA's performance. This scenario reflects
Answer:
The appropriate approach is "Principal-agent problems".
Explanation:
A contradiction of objectives or priority between someone individual or organization as well as the authorized accompanying documents to operate over its behalf is considered as Principal-agent problem.The possession of a commodity or fundamental assigns immediate supervision of that resource to some other agency may transpire in whatsoever circumstance.Which of the following influences the consumer when he or she is deciding wether to buy a product?
A. The stock market
B. Opinion factors
C. External factors
D. Multiple factors
Answer:
D.
Explanation:
The factors that infuence a consumer's decision of buying product are multiple. It can be internal, external, economic, cultural, etc.
These factors include psychological factor, social factor, cultural factor, situational factor, etc.
Many times it's psychological factors such as moods. If a person is in bad or good mood, it will affect his behavior to buy a product. Culture or social life also influences consumer's buying habit. Some buy under peer pressure or to have status in society.
Therefore, option D is correct.
Answer: External factors
Explanation:
With illustration explain how marriage/synergistic value is created arises
When two people get together and pool their resources, abilities, and skills to accomplish more than they might have done on their own, they are creating a marriage or synergistic value.
The idea of a puzzle can serve as an example of this value.Think of each person as a jigsaw piece with a distinct shape and pattern. When two people marry, they join their disparate parts to form a more complex and substantial whole.
Without a single component, the total picture would be without something important and crucial that each piece adds.
Similar to this, in an union, each spouse brings unique skills and talents to the table that, when combined, can result in more fulfilment and success than either could get on their own.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
What is one advantage of opening up a brokerage account that is managed by a robo-advisor?
One advantage of opening up a brokerage account that is managed by a robo-advisor is the potential for lower fees and costs compared to traditional human financial advisors.
Robo-advisors use algorithms and technology to manage investments and provide financial advice, which can lead to lower fees and expenses since they don't require as much human labor as traditional advisors.
One advantage of opening up a brokerage account that is managed by a robo-advisor is that it often comes with lower fees compared to traditional human advisors. This is because robo-advisors rely on algorithms and technology to manage portfolios, which reduces the need for human labor and can result in lower costs for clients.
Additionally, robo-advisors typically offer a more streamlined and automated investment experience, which can appeal to those who prefer a hands-off approach to managing their finances.
Robo-advisors also offer the convenience of 24/7 availability and easy accessibility through online platforms or mobile apps, which can be especially beneficial for individuals who prefer to manage their investments on their own time and at their own pace.
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Which answer best defines employee benefits? Employee benefits are the total income you receive over your lifetime. Employee benefits include any education you acquire beyond high school. Employee benefits are benefits related to a specific trade. Employee benefits are nonsalary compensation granted by an employer.
Answer:
D. Employee benefits are nonsalary compensation granted by an employer.
Explanation:
Employee benefits are non-salary compensation granted by an employer such as health insurance, vacation, housing allowance, profit sharing, paid time off, bicycle allowance, sick leave, social security etc.
Generally, in addition to the monthly wages or salaries the workers are expected to receive, employee benefits are usually paid by an employer to employees working in an organization.
The main purpose of employee benefits is to motivate the employees to remain with an organization (worker retention) and to serve as a motivation for their good services. Also, employee benefits helps to enhance corporate loyalty and employee satisfaction within an organization or company.
Answer:
D
Explanation:
if damaged, obsolete (out-of-date), or deteriorated goods can be sold, they will be included in inventory at their original cost. group startstrue or false
This is true. if damaged, obsolete (out-of-date), or deteriorated goods can be sold, they will be included in inventory at their original cost.
What is an obsolete good?This is the term that is used to refer to the good that is already at the inventory which is known to be at the end of its life cycle. That is the good has not been used for a very long time and it has not been sold either. It may not even be sold in the future.
For a good that is of this nature, it would have to be included at the original cost that it had in the inventory when it was bought at the time.
Hence the answer is true.
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This is true. If broken (or damaged), old, or worn-out goods can still be sold, they will be added to the inventory at their original cost.
What is the term "obsolete good?"This is the term used to describe a product that is already in the inventory but has reached the end of its life cycle. In other words, the item has not been used or sold for an extended period of time. It may not be sold at all in the future.
For a product of this sort, it must be included in the inventory at the original cost it had at the time it was purchased.
Thus, the response is true.
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a) Miranda needs to build new shelves in her pantry to store all these items. She wants to put each type of item on a separate shelf. The shelves will be able to support 25 lbs. Will the new shelves be able to support her current supply of powder goods? Use the conversion table below and a spreadsheet to help you determine the answer. (2 points)
Answer: yes
Explanation:
Converting each to pounds it equals 13.3 pounds
Miranda needs to build new shelves in her pantry to store all these items. Yes, the new shelves be able to support her current supply of powder goods.
What do you understand by the supply of goods?The following are included in a supply of goods: the agreement-based transfer of property rights over things. the commission-based sale of moving items by an agent or auctioneer.
They must be carrying out an action in their own name under another person's orders. delivery of items under a hire-purchase agreement.
Demand and supply have a strong relationship that influences market equilibrium, which determines the amount of items available on the market and their selling prices.
Here,
Converting each to pounds it equals to 13.3
pounds
Standard 1 pound (lb) = 16 ounces (oz)
Metric 1 kilogram (kg) = 1000 grams (g)
Metric to standard 1 kilogram = 2.20 pounds
Standard to metric 1 pound = 0.45 kilograms
Therefore, Miranda needs to build new shelves in her pantry to store all these items. Yes, the new shelves be able to support her current supply of powder goods.
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Complete question is attached with the image.
when people focus their efforts, on the tasks they have a comparative advantage in, what will happen to output? group of answer choices there will be less total output, but the output will grow for highly valued goods. the total output will shrink because it is not produced by the person who can do it fastest. total output will rise and automatically be equally distributed across persons. more of all goods will be produced than if everyone produced everything for themselves.
When people focus their efforts on the tasks they have a comparative advantage in, there will be more of all goods produced than if everyone produced everything for themselves.
What is comparative advantage?The comparative advantage is an economic principle that demonstrates the capacity of an individual, company, or nation to produce a given good or service at a lower opportunity cost than its competitors.
In general, focusing on producing goods or services in which an individual has a comparative advantage is advantageous for all parties involved, including businesses and entire countries.
When people focus their efforts on the tasks they have a comparative advantage in, there will be more of all goods produced than if everyone produced everything for themselves.
There will be less total output, but the output will grow for highly valued goods. This is not the case when people focus their efforts on the tasks they have a comparative advantage in.
The total output will shrink because it is not produced by the person who can do it fastest. This is not true, as focusing on producing goods or services in which an individual has a comparative advantage is advantageous for all parties involved, including businesses and entire countries.
Total output will rise and automatically be equally distributed across persons is also incorrect because when people focus their efforts on the tasks they have a comparative advantage in, the distribution of output depends on the individual, company, or nation's specific comparative advantages.
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The marketing concept is all about meeting the consumer's_____. Choose the best answer.
A) needs
B) Wants
C) Expectations
D) None of the above
can anyone please help me please
Answer:
1. extracurricular
2. cocurricular
3. curricular
4. curricular
5. cocurricular
Explanation:
1. Daniel doing community service by cleaning up outdoor trails is an extracurricular activity because it doesn’t have nothing to do with his academics/school.
2. Debra participating in a hospital program for nursing students is cocurricular because she is practicing techniques she learned in her nursing class.
3. Rhett taking a foreign language class at his middle school is curricular because this is a class Rhett takes at school.
4. You are correct. Ernestina taking a photography class in school is curricular because this class takes place at her high school.
5. Brant joining a student organization for future teachers is cocurricular because he is studying to be a teacher.
Corporation has 10 comma 000 shares of 5%, $ 15 par cumulative preferred stock and 45 comma 000 shares of common stock outstanding. Diazlo declared no dividends in 2017 and had no dividends in arrears prior to 2017. In 2018, Diazlo declares a total dividend of $ 54 comma 000. How much of the dividends go to the common stockholders?
Answer:
$39,000
Explanation:
For determining of dividend available first we need to compute the preferred dividend which is shown below:-
Preferred dividend = Number of shares × Shares percentage × par value
= 10,000 × 5% × $15
= $7,500
Dividends available = Dividend + Preferred dividend in 2017 - Preferred dividend in 2018
= $54,000 - $7,500 - $7,500
= $39,000
135.Suppose demand is perfectly elastic, and the supply of the good in question decreases. As a result,a.the equilibrium quantity decreases, and the equilibrium price is unchanged.b.the equilibrium price increases, and the equilibrium quantity is unchanged.c.the equilibrium quantity and the equilibrium price both are unchanged.d.buyers’ total expenditure on the good is unchanged.ANS:ADIF:2REF:5-1
The correct option from the following given is option (a). the equilibrium quantity decreases, and the equilibrium price is unchanged.
Since demand is perfectly elastic, any decrease in supply will lead to a proportionate decrease in the quantity demanded. However, since the demand is perfectly elastic, the price cannot increase to compensate for the decrease in supply. Therefore, the equilibrium price remains unchanged.
As a result, the equilibrium quantity decreases, and the equilibrium price is unchanged. The buyers' total expenditure on the good will also decrease since they are purchasing fewer units of the good at the same price.
Hence, the correct option is "A" - the equilibrium quantity decreases, and the equilibrium price is unchanged.
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Do you think every working American needs a 401(k) account or an IRA? Why or why not?
No links
Need ASAP
Answer:
Both 401(k) accounts and IRAs are retirement savings accounts that allow individuals to save for retirement on a tax-advantaged basis. Contributions to these accounts are tax-deductible, and the earnings on the investments grow tax-free until they are withdrawn during retirement.
There are some benefits to having a 401(k) account or an IRA. They allow individuals to save for retirement in a tax-efficient way, and can provide a significant source of income during retirement. In addition, many employers offer matching contributions to 401(k) accounts, which can be a valuable incentive to participate.
However, there are also some drawbacks to these types of accounts. For example, they are subject to market fluctuations and the investment risk is borne by the individual. In addition, there are limits on how much can be contributed each year, which may not be enough to provide for a comfortable retirement.
Whether or not every working American needs a 401(k) account or an IRA depends on individual circumstances. For some people, these accounts may be a valuable tool for saving for retirement. For others, different types of retirement savings accounts or strategies may be more appropriate. Ultimately, it is up to each individual to determine the best approach for their own retirement planning.
fill in the blank. a _____ is a type of loan commitment. group of answer choices note issuing facility (nif) standby letter of credit (slc) forward contract swap contract
A standby letter of credit (SLC) is a type of loan commitment.
A standby letter of credit is a document that acts as insurance in the event that either a buyer or a seller defaults on their end of a contract. For instance, the bank that issued the standby letter of credit would be liable for making good on the unpaid balance if the buyer defaulted for the specified cause. Another situation when the standby letter of credit is used is when the buyer and seller are both aware of their obligations but the items delivered to the buyer fall short of the buyer's expectations. When businesses or other organizations need short-term finance to cover their operating expenses, they frequently employ a note-issuing facility.
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The United States is unique in its use of a 24-hour Internet; in most countries the Internet shuts down between 2:00 AM and 6:00 AM for maintenance. true or false
Answer:
False
Explanation:
The internet is composed by multiple Hosts and obviously the only way to shut down the internet is to shut down the catrillion computers that all together host the internet.
Fads are characterized by their ________. a. enduring nature that spans several generations b. low rates of adoption by consumers c. unusually high sales and rapid decline d. basic and distinctive modes of expression that seldom become unpopular e. non-attainment of the last two stages of the product life cycle
Fads are characterized by their: unusually high sales and rapid decline. The correct answer is c.
what is Fads?Fads are short-lived trends that experience a sudden surge in popularity and then quickly decline. They are characterized by their rapid rise in sales and widespread adoption by consumers, often driven by social or cultural factors.
Fads tend to be driven more by emotional appeal and novelty than practicality or durability, which contributes to their short lifespan. Unlike enduring trends or classics, fads do not have lasting power and tend to lose popularity quickly once the novelty wears off.
Some examples of past fads include pet rocks, Beanie Babies, and fidget spinners. Fads are important for marketers to understand as they can provide a unique opportunity to capitalize on a trend, but also carry the risk of investing in a short-lived phenomenon that may not provide long-term success.
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Complete question:
Fads are characterized by their ________.
a. enduring nature that spans several generations
b. low rates of adoption by consumers
c. unusually high sales and rapid decline
d. basic and distinctive modes of expression that seldom become unpopular
e. non-attainment of the last two stages of the product life cycle
the video suggests that a key challenge for goodwill’s marketers is to change the view of many consumers that secondhand stores are musty, low-class operations with poor-quality merchandise.
The video suggests that a key challenge for Goodwill's marketers is to change the view of many consumers that secondhand stores are musty, low-class operations with poor-quality merchandise. This exemplifies the psychological concept of perception, which is the process by which people select, organize, and interpret information to form a meaningful picture of the world.
This is further explained below.
What is the psychological concept of perception,?Generally, According to what is seen in the film, one of the most important challenges facing Goodwill's marketers is to overcome the perception held by many customers that secondhand shops are musty, low-class enterprises that sell products of inferior quality.
In conclusion, This is a perfect illustration of the psychological notion of perception, which refers to the method by which individuals choose, organize, and interpret information in order to construct a meaningful image of the world around them.
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CQ
The video suggests that a key challenge for Goodwill's marketers is to change the view of many consumers that secondhand stores are musty, low-class operations with poor-quality merchandise. This exemplifies the psychological concept of __________, which is the process by which people select, organize, and interpret information to form a meaningful picture of the world.
Select all that apply.
______ are examples of personal values.
A. Recognition
B. Relationships
C. Enthusiasm
D. Courage
Answer:
Relationships
Enthusiasm
Courage
what term describes the amount of cash available in the short term and indicates the funds needed to operate a business of a given size?
The term describes the amount of cash available in the short term and indicates the funds needed to operate a business of a given size is working capital.
In economic and business, working capital generally can be defined as the money available to meet your current, short-term obligations. We need to calculate our current levels, project our future needs and consider ways to make sure you always have enough cash, it is needed to make sure that our working capital works for us. Working capital has a important aspect such as Cash (and also cash equivalents) and also Accounts receivable (AR) Inventory.
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Veronica was hosting a party for her pals but forgot to warn them that the far end of her deck had rotted and
was in drastic need of repair. Her friend Craig decided to admire the city skyline from the far end of her deck
and headed that way. The other guests heard a loud exclamation as Craig fell through the deck. Veronica is
liable to Craig under
fraud
O strict liability
battery
O negligence
Answer:
strict liability
Explanation:
just took the test
End item A requires three component parts: B, C, and D. The BOM indicates that for each completed A, 1 unit of B, 2 units of C, and 1 unit of D are required. Current inventory for the four items is as follows: there are 15 As, 40 Bs, 50 Cs, and 15 Ds in stock. If the lead time for all items is 1 week and there are no scheduled receipts for any item, how many units of product A can be delivered to customers at the start of next week (week 2) if you realize now the BOM has been just changed?
Answer:
30 in total
Explanation:
In order to calculate how many items A we can produce we need to check how many units required we have, in this case, we have:
40 B's
50 C's
15 D's
We require 2 units of C, 1 Unit of B, and 1 unit of C.
As you can see in our inventory we only have 15 units of D's, meaning that that is our maximum number of items A produced this week, since we already have 15 A items, we can deliver 30 A products this week.
The KimTay database must combine data from all of its tables in order to print a(n) _____. -inventory report -invoice -sales rep directory -customer directoryAs Figure 1-1 shows, a KimTay invoice includes information that is stored in all five database tables: customer information, the sales rep's name, invoice number and date, purchased line items, and item descriptions
The KimTay database must combine data from all of its tables in order to print an invoice.
An invoice is a document that contains information about a customer's purchase, including the items purchased, the prices of the items, the total amount due, and other relevant details. In order to create an invoice, the KimTay database needs to combine data from all five of its tables, including the customer information table, the sales rep directory table, the inventory table, the invoice table, and the line item table.
By combining information from these tables, the database can generate an accurate and complete invoice for each customer transaction.
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Good evening! Did you eat today? Did you drink water today? Did you get outside for some fresh air or even anytime to chill? Did you make sure you are healthy? If you answer no to any of these questions.. please get some to food, water, fresh air or even time to chill. Please take care of yourself! Bye! :)
Answer:
I ate an egg sandwich. I drank some water. I went outside for a short walk.
Explanation:
Thanks for asking :)
Under the SEC rules, a one-year "cooling off" period applies to which scenario?
A.) A tax manager working on a client's tax engagement is offered a managerial position at the client.
B.) A technology consulting senior manager in the firm is seeking an executive role with the client.
C.) A client wants to hire its firm's lead audit partner to take over as CFO.
D.) A professional staff person on an audit applies for a position as senior accountant at the client.
Under the SEC rules, a one-year "cooling off" period applies to scenario C.) A client wants to hire its firm's lead audit partner to take over as CFO. This cooling off period is required to maintain independence and prevent conflicts of interest between the auditor and the client company.
What guidelines does the SEC have?
Anyone attempting to acquire more than 5% of a company's securities by direct purchase or tender offer is required by the Securities Exchange Act to disclose pertinent information. Such a proposal is frequently made in an effort to take over the business.
What is the purpose of a securities exchange?
An exchange where stockbrokers and traders can purchase and sell assets, such as shares of stock, bonds, and other financial instruments, is known as a stock exchange, securities exchange, or bourse.
What does "finance" mean exactly?
Generally speaking, the term "finance" relates to concerns such as the creation, administration, and study of money and assets. Using projected income flows to finance current initiatives entails the use of credit, debt, securities, and investment.
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Mack is an oil executive. He wants to start a new company with different partners to explore some drilling opportunities. His attorney advises him about the various business forms. When discussing the llc form, his attorney mentions that one of the biggest disadvantages of the llc form is that.
When discussing the llc form, his attorney mentions that one of the biggest disadvantages of the llc form is that there is no uniform law governing LLCs in the United States.
When you attempt to start an indebtedness company (LLC), you'll be able to value more highly to form your company in any state, irrespective of where you're based. But in most circumstances, your home state is going to be your most-effective option.
It has been attorney enacted in 20 U.S. jurisdictions: Alabama, Arizona, Arkansas, California, Connecticut, the District of Columbia, Florida, Idaho, Illinois, Iowa, Minnesota, Nebraska, New Jersey, American state, Pennsylvania, Mount Rushmore State, Utah, Vermont, Washington, and Wyoming.
As of this writing, the sole state that does not allow the formation of an in-state Series LLC is California. California has specific and strict regulations governing business normally, and there's currently no such thing as a California Series LLC. "Model" acts, as compared, are intended to function guideline legislation which states can borrow from or adapt to suit their respective situations.
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Carmen Co. can further process Product ) to produce Product D. Product) is currently selling for $19,30 per pound and costs $14.50 per pound to produce. Product D would sell for $39.25 per pound and would require an additional cost of $8.00 per pound to produce The differential cost of producing Product Dis Oa 1040 per pound Ob. 55.16 per pound Oc. $6.00 per pound Od $10.32 per pound Carmen Co. can further process Product 1 to produce Product D. Product 1 is currently selling for $19.30 per pound and costs $14.80 per pound to produce. Product D would sell for $39.25 per pound and would require an additional cost of $8.00 per pound to produce. The differential cost of producing Product Dis Oa. $60 per pound Ob. 55.16 per pound Oc 16 per pound Od. 110.32 per pound Carmen Co. can further process Product I to produce Product D. Product J is currently selling for $19.30 per pound and costs $14.80 per pound to produce. Product D would sell for $39.25 per pound and would require an additional cost of $8.60 per pound to produce. The differential cost of producing Product Dis Oa. 58.60 per pound Ob. 15.16 per pound Oc. $6.08 per pound Od. $10.32 per pound
The correct answer is option-C. Differential cost refers to the difference between the cost of producing two different products. The formula for differential cost is: Differential Cost = (Cost of Producing Product A) - (Cost of Producing Product B).
For Carmen Co., the differential cost of producing Product D from Product 1 is $5.50 per pound ($14.80 cost of producing Product 1 - $8.00 additional cost of producing Product D).
The differential cost of producing Product D from Product J is $8.60 per pound ($14.80 cost of producing Product J - $8.60 additional cost of producing Product D).
To determine the best choice for Carmen Co., the incremental revenue and cost must be considered. The incremental revenue is the additional revenue that Carmen Co. would earn by producing Product D instead of Product 1 or Product J. The incremental cost is the additional cost that Carmen Co. would incur to produce Product D instead of Product 1 or Product J.
The incremental revenue and cost can be calculated as follows: Incremental Revenue = Selling Price of Product D - Selling Price of Product 1 or J. Incremental Cost = Additional Cost of Producing Product D from Product 1 or J.
Comparing the incremental revenue and cost for both options, Carmen Co. should produce Product D from Product 1 because it has a higher incremental revenue and lower incremental cost than producing Product D from Product J.
Therefore, the correct answer is option-C.
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When the free-rider problem occurs in a market for a good, what is true of the quantity of the good supplied relative to the efficient quantity of the good?.
When a free-rider problem occurs in a market for a good, the quantity of the good supplied is less than the efficient quantity of the good.
This is due to the free-rider problem, which occurs when people benefit from a good or service without paying for it. A free-rider is a person who benefits from a public good or service without paying for it. It occurs when it is not feasible or impractical to exclude people from using a good or service. Free-riders are a challenge for public goods because they can lead to underproduction or under-consumption of the goods or services.In economics, a market is a platform where buyers and sellers interact to exchange goods and services.
In a market economy, the prices of goods and services are determined by supply and demand. This leads to efficient allocation of resources as prices signal the scarcity of goods and services. However, the free-rider problem can disrupt the efficiency of a market by reducing the quantity of the good supplied relative to the efficient quantity of the good.In conclusion, the free-rider problem leads to a reduction in the quantity of the good supplied relative to the efficient quantity of the good.
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