Brendan and sean combined their love of baseball with a business venture. they purchased a small cart and began selling memorabilia outside of their hometown stadium. their first year went well, but the past two years have been quite a struggle. due to poor economic conditions and the team’s horrible record, ticket sales at the stadium are down, which has significantly hurt their sales as well. as a recent business graduate, you explain to brendan and sean thata) this type of business is always high risk because it is seasonal.
b) the business does not fill a sufficient need for most people.
c) environmental circumstances are dynamic and tough to control.
d) social entrepreneurs are currently getting most of the attention.

Answer:

study when the hourly rate is below or equal to $20

Explanation:

Cosidering the economic principles of opportnity cost Alexandra will only study that extra time if the loss wages are less or equal to $20 dollars

as a higher hourly  rate will make the $20 dollar she consider the change in grade worth it to leave a net loss after considering the implicit cost of the test

Answer:

D: 2000 only.

Explanation:

Gross Domestic Product (GDP) includes all final goods and services produced within a country, in a specific period and doesn't necessarily include all the transactions that are going in the economy.

For example: Used domestic car buying or selling won't be counted for the GDP of current year, as it was manufactured and sold in 2000.

Answer:

rate set by first complex bank is  = 5.07 %

Explanation:

given data

simple interest = 6.4 %

investment time = 10 year

solution

we consider here first total interest on the amount $100  paid as simple interest is for 10 year will be

interest = $100 × 6.4% × 10

interest = $64

so future value will be = $100 + $64 = $164

so now we consider rate of interest = r

so that now we apply here future value formula

future value = investment × [tex](1+r)^{t}[/tex]   ...............1

$164 = $100 × [tex](1+r)^{10}[/tex]  

1.64 =   [tex](1+r)^{10}[/tex]

solve it we get

r =  0.05071

so rate set by first complex bank is  = 5.07 %

First Complex Bank should set an annual compound interest rate of 0% to match the 6.4% simple interest rate offered by First Simple Bank over a 10-year investment horizon.

To match the simple interest rate of 6.4% offered by First Simple Bank over an investment horizon of 10 years, First Complex Bank needs to calculate the equivalent annual compound interest rate.

Using the formula for compound interest:

[tex]\[ A = P \times \left(1 + \frac{r}{n}\right)^{nt} \][/tex]

Where:

- A is the future value of the investment,

- P is the principal investment amount (which we can set as 1 for simplicity),

- r is the annual interest rate (what we're solving for),

- n is the number of times interest is compounded per year (for annual compounding, ( n = 1 ),

- t is the time the money is invested for in years (in this case, t = 10).

Given that A = 1 (as we're considering a principal investment amount of 1), n = 1 , and t = 10, we can rearrange the formula to solve for r :

[tex]\[ 1 = 1 \times \left(1 + \frac{r}{1}\right)^{1 \times 10} \]\[ 1 = (1 + r)^{10} \][/tex]

Now, we solve for r :

[tex]\[ (1 + r)^{10} = 1 \]\[ 1 + r = \sqrt[10]{1} \]\[ 1 + r = 1 \]\[ r = 1 - 1 \]\[ r = 0 \][/tex]

Therefore, the annual compound interest rate that First Complex Bank should set to match the 6.4% simple interest rate of First Simple Bank over a 10-year investment horizon is 0%.

Answer:

maximize profits.

Explanation:

Th economist assume that the goal of objective of the business is to maximize the profit and add value to their business and shareholders as well. The businesses use marginal benefit and marginal cost to measure the value of benefit. Business also has other objectives which support the profit maximization like cost minimization, customer satisfaction etc

Answer:

Correct option is (B)

Explanation:

As per IRS, if a child works in his/ her parent's company, be it sole proprietorship or partnership firm (if all partners are the child's parents), he/ she is not liable to pay FUTA for employing child below 21 years old. FICA taxes need to be paid if the child is above 18 years of age or above.

In this case, Jane is 18 years old and is working in her father's firm. She is not required to pay FUTA taxes, but 7.65% of her wages are withheld from her wages for FICA taxes as she is 18 years old.

Jane's income per period = $40 × 40 hours = $1,600

Amount withheld for FICA taxes = 0.0765 × 1,600

                                                        = $122.40

Answer:

A popular train station has free parking for commuters who take the train. This often results in many people being unable to find a parking spot and missing their train. To solve this problem, all commuters should be:

To solve the problem, all commuters should be required to pay for parking.

Explanation:

When commuters pay for such service rendered it would reduce the traffic generated by commuters as a result of a fee attached to it.

Final answer:

Requiring commuters at a busy train station to pay for parking could help to manage the demand for parking spaces, discourage overuse, and encourage the use of alternative transport options. This concept is similar to public parks charging for certain amenities.

Explanation:

The situation described involves the management of a public good, in this case, commuter parking at a train station. Given that the parking is free and leads to a scarcity of spots, a policy change could mitigate this issue. Option (d), requiring commuters to pay for parking, may reduce demand and ensure that only those who truly need parking pay for it.

This system is comparable to public city parks, which are free to use, but can charge fees for parking and other amenities. Paying for parking could also encourage commuters to seek alternative transportation, thereby reducing congestion and further aligning with public transportation goals as highlighted in the given examples.

Answer:

D. Its demand curve will shift to the right

Explanation:

If two airlines are competing for the same market, and airline A raises its price, the airline B will benefit because now it will be cheaper compared to the other one.

This means that more people will be willing to purchase tickets from airline B at any given price (in this case, the same price as before), shifting the demand curve of airline B to the right.

When one airline raises its prices, the demand curve for the other airline will shift to the left, causing a decrease in the quantity demanded of air travel.

When one airline raises its prices on the route between Tampa and Houston, it will affect the other airline in the following way:

Answer choice C is correct. The demand curve for the other airline will shift to the left. This means that the quantity demanded of air travel on that airline will decrease at each price level.

In other words, fewer people will choose to fly with that airline because of the higher prices.

Answer: improves efficiency for Taylor at work

Explanation:

Taylor's ability to manage all his files and folders logically helps him to be efficient in his work place. He is able to track every event, plan his day and knows what to do when either things are going well or not, and how to follow every detail of his business.

Answer:

B) Graham is not allowed to sue Alice,having lost his right to sue her.

Explanation:

Time limits matter, and the law is very strict on enforcing time limits. If the statute of limitations for personal injures is X amount of years, and the injured person doesn't file a claim within that period, then it is not a valid claim.

I guess that there are some exceptions, like if the injury was so severe that Graham was in coma for more than 2 years, then he wasn't capable of filing a claim before, but those are exceptions, not the rule.

Since the accident happened two years and 14 days before Graham's claim, and the statute was only 2 years, then the claim is not valid.

Answer:

Many influential economists, politicians, and business leaders think that a shift toward a more integrated and interdependent global economy is a good thing. there is evidence to support the theory that falling barriers to international trade and investment drive the global economy toward greater prosperity. there are, however, critics who argue against globalization. anecdotes, evidence, and arguments can be collected to support each side of the debate.

Without mincing words, in the real world everyone knows that politics controls economics, businesses among others. The global economy as at today is general controlled by politics as the most powerful country of the controls the economy. e.g the issue that generated lots of discussion around the globe in the last few months between iran and USA which makes the oil price to be skyrocket as a result of imminent war between both countries.

Explanation:

Answer:

Price elasticity of demand is greater for the Car

Explanation:

Price elasticity of Demand = (Q2 - Q1/Q1) ÷ (P2 - P1/P1)

For the car,

PED = (110 - 100/100) ÷ (10000-9900/10000)

= 0.1 ÷ 0.01

= 10

PED = (110 - 100/100) ÷ (1000-900/1000)

= 0.1 ÷ 0.1

= 1

Since 10 > 1, hence the PED of the Car is greater than that of vacation homes.

The price elasticity of demand for both the car and vacation rental is 1, indicating unitary elasticity.

The price elasticity of demand measures how responsive the quantity demanded of a good is to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. In this case, the $100 drop in price resulted in a 10% increase in quantity for both the car and vacation rental. Therefore, the price elasticity of demand for both goods is 1, indicating unitary elasticity.

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Answer:

R(x) = 35x - x^{2}

MR(x) = 35 - 2x

Explanation:

Given that,

price-demand equation: p = 35 − x

x is the number of pairs of tennis shoes

Selling price of a pair of shoes = $p

Revenue is calculated by multiplying selling price with the number of units sold.

Revenue function: R(x) = Selling price × Number of units sold

                                      = px

                                      = (35 - x) x

                                      = [tex]35x-x^{2}[/tex]

Marginal revenue function is calculated by differentiating the revenue function.

Now, differentiating R(x) with respect to x,

Marginal revenue function: MR(x) = 35 - 2x

Answer:

$0.31 per client-visit ; $24,766 per month

Explanation:

month     clients     supply cost

March 11,661 $28,575

April 11,457 $28,409

May         11,989 $28,833

June 13,400 $28,920

July           11,721 $28,636

August  11,207 $28,235

Sept.        12,001 $28,834

October  11,692 $28,592

Nov.  11,840 $28,717

variable cost per unit = change in cost / change in activity = ($28,920 - $28,235) / (13,400 - 11,207) = $685 / 2,193 = $0.31 per client visit

fixed cost = total cost - variable cost = $28,920 - (13,400 x $0.31) = $28,920 - $4,154 = $24,766

Answer;

Work addiction.

Distrust among team members.

High attrition rates.

Explanation:

Work addiction is good but working every time is overburdening yourself, that's what William is doing. If he continues the same routine there are indications that he will not put the right amount of energy in the right path.

Team would be disappointed with him, they won't support much at the later stage and may think of not to join William's team, as he is not considering his team while making his decisions.

There will be surely some harmful effects on his physical and as well as mental health, as he would be rejected by his peers.  

Answer:

True

Explanation:

Since there is an agreement between AI and Betty and Betty did not honour the agreement which is even wrong, AI is entitled to recover $1,050 from Betty.

The $1,050 is derived by: the difference between the agreed price and the resale price, plus the incidental damages incurred during resale minus the amount saved in expenses.

That gives us: ($3,000 - $2,000) + $200 - $150

                         = $1,000 + $200 - $150

                                 =  $1,050.

Cheers.

Answer:

The answer is Money market deposit account.

Explanation:

Money market deposit account's money is mainly invested in the short term money market instruments such as government treasury bills, short term company bonds and even futures.

To calculate the lump-sum amount Quincy should invest today, we can use the formula for the future value of a lump-sum investment. We can plug in the values into the formula and solve for present value.

To calculate the lump-sum amount Quincy should invest today, we can use the formula for the future value of a lump-sum investment:

FV = PV × (1 + r/n)^(nt)

In this formula, FV represents the future value, PV represents the present value (which is what we're trying to solve for), r is the interest rate, n is the number of times interest is compounded per year, and t is the number of years. Given that Quincy wants to have $22,000 in 3 years, an investment opportunity cost rate of 12% compounded monthly, we can plug in these values into the formula and solve for PV:

Plugging in these values into the formula:

$22,000 = PV × (1 + 0.12/12)^(12 × 3)

Simplifying the exponent:

$22,000 = PV × (1.01)^36

And now we can isolate PV:

PV = $22,000 / (1.01)^36

Calculating this expression gives the lump-sum amount that Quincy should invest today to have $22,000 in 3 years.

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Answer:

Sentiment analysis

Explanation:

Sentiment analysis -

It is the method of analysis , where the data and information is collected from various sources , is referred to as sentiment analysis .

This method is commonly used for the analysis done on some product or services , where the reviews , comments and the thoughts of the consumers can be collected from the online resources .

Hence , from the given information of the question ,

The correct term is sentiment analysis.  

Answer:A. No longer requires a concerted effort on the part of Congress to maintain their real value.

Explanation:Social security payments are payments made to retirees or the disabled or aged members of the society in the United States of America. It is manages by the SSA(SOCIAL SECURITY ADMINISTRATION) of the Federal Government.

Social Security indexing is the process of computing a person's benefit, it is done using the national average wage indexing series to index a person's earnings. Such computation ensures that a worker's future benefits shows the rise in the standard of living that took place during his or her working age.

Answer: a) Information that is relevant to the case.

Explanation:

A legitimate reason for this examination of document is because it's the document that's involved or relevant to the case.

"The correct option is (a). The legitimate reason for examining certain documents in Sunrich’s possession would be that the documents contain  information that is relevant to the case.

a. information that is relevant to the case.

This process is governed by rules of civil procedure, which generally require that the information sought must be relevant to the claims or defenses of the party seeking the information. Relevance is the key criterion; the information must have the potential to prove or disprove a fact that is important to the case.

Option b, private information about Sunrich's operations, may not necessarily be subject to discovery if it is not relevant to the claims or defenses in the case. Privacy concerns are balanced with the need for relevant evidence, and courts often use protective orders to limit the disclosure of sensitive information.

Option c, public information about energy generation, would not typically be a reason to seek documents in a legal proceeding, as such information is already publicly available and does not need to be obtained through the discovery process.

Option d, irrelevant data that can be eliminated from consideration, is incorrect because the purpose of discovery is to obtain relevant information, not irrelevant data. Irrelevant data is not helpful to the case and would not be a legitimate reason for document examination.

Answer:

TRUE

Explanation:

Later, Venezuela joined the group in 1973 and quit in 2006 under Chavez's administration. As Colombia and Peru signed treaty's with the US

Chile also quit under Pinochet administration in 1976

The free trade enter zone entered into full operation in 1993 and a year later 1994 the commopn external tariff

Answer:

A. Going-concern principle

Explanation:

The correct Choice is A.

This concept assumes that the business unit will continue operating under the same economic conditions and in the same general environment. But it does not assume that the business unit will be profitable as long as it exists.

Accounting is based on the assumption that business unit will be operating for long. When a business is started , it is assumed that the business will not be dissolved in the near future. The accounting system provides a continuous record of the performance of the business throughout its existence.

Answer: The wage rate and quantity of workers employed in the market is determined by the forces of demand and supply

Explanation:

The competitive labour market is a market where we have so many employers alongside many employees in which one employer can not influence the wage rate unilaterally. In a competitive labour market, the wage rate is determined by the forces of demand and supply. In a competitive labour market ,if demand for labour is more than the supply for it ,the wage rate will rise,on the other hand, if the supply is more than the demand for labour the wage rate will fall. If both demand and supply is at equilibrium in the market, the wage rate will be to the benefit of both the employers and the employees.

Answer:

A) The middle-of-the-road Style.

Explanation:

This leadership style is sustained in the center of the grid and shows balanced and equal concern for every employee and production process. Hence the case study indicates Charlotte displaying the same leadership qualities.

For reference, please see the attachment which contain the Blake Mounton Managerial Grid.

Middle of the road style is the optimal one and shows balance and equal in every aspect according to the given scenario.

Answer:

B. A decrease in consumer surplus, a increase in producer surplus and dead weight loss

Explanation:

Price floor is the minimum price for which a good or service can be sold. When price floor is above equilibrium price, quantity demanded falls while quantity supplied increases.

Consumer surplus is the difference between the willingness to pay of a consumer and the price the consumer pays for the product.

Consumer surplus would reduce because price has increased.

Producer surplus is the difference between the least price a producer is willing to sell his product and the price of the product.

Producer surplus would increase as a result of the rise in price.

Deadweight loss is reduction in social surplus as a result of the price floor.

I hope my answer helps you

Answer:

Investing activity

Explanation:

Investing activities: It reports activities that involves buying and selling long-term assets. The buying or acquiring or purchasing is a cash outflow whereas the sale is a cash inflow

Since in the given situation, the purchase of a new copy machine would be reflected under the investing activity as it is to be shown with the negative sign due to outflow of the cash

Answer:

Certificates of deposit.

Explanation:

Certificates of deposit are also called time deposits, they have a fixed tenure and pay interest above the normal saving a account rate.

The rates can be fixed or negotiable. Larger deposits attracts higher interest rates, also longer term deposits have higher returns.

Construction expenditures should be debited when D. The bill is approved for payment.

Explanation:

In the above scenario, Acme Construction Co. submitted bill amount of $1,200,000 on a construction contract. The payment of the bill was approved on May 2. According to the contract, 10% was subject to retention.

This construction expenditure is debited when the bill is approved for payment. Contract includes all the details regarding payment and terms and conditions between the companies or parties.

Once the bill submitted by company is approved, then the retention amount will be automatically debited.

Answer:

The country would have to;

A improve technology in the future

Explanation:

A production possibilities frontier is a curve the shows the relationship between the varying amounts of two products that can be produced if the products depend on the same limited resources for their production. It is also used in economics to illustrates the point where the economy's production reaches the most efficient level in terms of the choice of goods it decides to produce and the ones it decide to trade from other countries to satisfy it's needs.

To understand the production possibilities frontier, one needs to know that it is the point where the production of goods and services are efficient due to an effective allocation of resources. When the country is operating below the production possibilities frontier, it means that they are not yet efficient in terms of production and resource allocation therefor they can still improve on resource allocation and production methods. A country that is operating on the production possibilities frontier is operating at it's peak efficiency in terms of production and allocation of resources. For an economy to move beyond it's production possibilities frontier, the technology has to be improved in the future.

Answer: The answers are noncompete; declare it void as geographical area is not specified.

Explanation: A noncompete agreement is an agreement between an employer and an employee restricting an employee from working in same industry after resignation.

However, for a noncompete agreement to be enforceable by law it has to specify a geographical area.

Answer:

The question is not complete.

Here is the complete question:

Eve, an experienced automotive engineer, signs a ____________ agreement with her employer, Environmental Auto Co., that she will never work in the auto industry after she leaves employment with Environmental. A court considering this agreement will ____________.

a)non-compete; only enforce the agreement if it resulted from a bargained-for exchange

b)non-compete; enforce the agreement only if such agreements are customary in the auto industry

c) non-compete; declare it void as geographical area is not specified

d) restrictive employment:; enforce the agreement in any event

Here is the answer:

c) non-compete; declare it void as geographical area is not specified

Explanation:

Employers normally demand employees to sign  non-compete agreement when taking up employment with the employer. The major reason for this demand is for employer to protect his business idea and interest and prevent employee stealing and using his business idea while in employment with him and after leaving the employment.

However, non-compete is hard to enforce in the court of law. And there are many conditions to be met before it can be enforced. One of such conditions is definition of scope of location in which the employee will not compete with the employer. Any non-compete agreement without this specified geographical area will be void, not enforceable.

So in this case, Eve signs a non-compete agreement with Environmental Auto and a court considering this agreement will declare void,as geographical area is not specified .