Demand is said to be ___________ when the quantity demanded is very responsive to changes in price.

Answers

Answer 1

Answer: Demand is said to be price elastic.

Explanation:

If the percentage change in quantity demanded is greater than the percentage change in price, demand is said to be price elastic , or very responsive to price changes.

The price elasticity of demand or supply will differ among goods. For example, consider a 50 percent increase in the price of two goods—candy bars and prescription medicines. While the demand for both candy bars and prescription medicines should decline in response to the price increases, the percentage change in the quantity demanded of candy bars is likely to be much greater than the percentage change in the quantity demanded of prescription medicines because candy bars are less of a necessity than prescription medicines.

Answer 2
Final answer:

In economics, demand is said to be elastic when the quantity demanded is very responsive to changes in price. On the other hand, demand is considered inelastic when the quantity demanded is not very responsive to changes in price.

Explanation:

In economics, demand is said to be elastic when the quantity demanded is very responsive to changes in price. This means that a slight change in price leads to a significant change in the quantity demanded. On the other hand, demand is considered inelastic when the quantity demanded is not very responsive to changes in price.



For example, if the price of a luxury item, like a designer handbag, increases slightly, the demand for that item may decrease significantly because consumers might prioritize other less expensive alternatives. This shows that the demand for luxury items is elastic.



Related keywords: Elastic demand, inelastic demand, price responsiveness, quantity demanded, economics

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Related Questions

Theodore and James have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. Their company, which includes TJ Soft stores, is looking for opportunities in the future that include international operations. A game company in Thailand wants TJ Soft to join it and work together to create a new game that bears the brand name of both companies. What would be an appropriate approach for this venture?

Answers

Answer:

a global strategic alliance

Explanation:

A global strategic alliance is established between two or more countries that are established on different countries. In this case, TJ's headquarters are in the US and the other game company's headquarters are in Thailand. This type of alliance is very common when companies want to enter new international markets. For example, Volkswagen Group is the largest car manufacturer in the world, even though its headquarters are located in Germany, around 50% of the cars it sells are produced in China through a series of strategic alliances with Chinese car manufacturers. It was the first western car manufacturer to start producing cars in China and it really paid off for them. Its share of the Chinese car market is currently around 25%.

Final answer:

An appropriate approach for this venture would be to form a joint venture or partnership agreement between TJ Soft and the game company in Thailand. Both companies should conduct market research to understand the target audience and demand for the new game. Effective communication channels and project management systems should be established to ensure smooth collaboration and coordination.

Explanation:

An appropriate approach for this venture would be to form a joint venture or partnership agreement between TJ Soft and the game company in Thailand. This would allow both companies to collaborate and combine their resources, expertise, and brand names to create a new game. The joint venture agreement should outline the terms and conditions of the partnership, including the sharing of costs, profits, and intellectual property rights.

Both companies should also conduct market research to understand the target audience and demand for the new game. This will help them determine the strategies and features to incorporate into the game to make it successful in the international market.

Additionally, the companies should establish effective communication channels and project management systems to ensure smooth collaboration and coordination during the game development process. Regular meetings, progress updates, and clear roles and responsibilities should be defined to ensure the project stays on track and meets the desired outcomes.

The strategy that explains the methods that a division or an organization will use to compete against its rivals in the industry is a ________-level strategy.

Answers

Answer:

The strategy that explains the methods that a division or an organization will use to compete against its rivals in the industry is a business-level strategy

Explanation:

The business-level strategy focused on increasing the value of the business to the customer while keep trying to increase profit. We can divide the strategy into 4 main types based on the source of competitive advantage and the business scope.  

When the business source of competitive advantage is cost, the business will trying to have the cheapest price compared to other competitors. Another option of the competitive advantage is the differentiation of the product, making different products than your competitor.

The scope will also be divided into two types. Broad scope is when the business target a wide range of the market. Narrow scope is when focusing at niche market.

Which of the following refers to the strategic process of distributing, promoting, and pricing products, and discovering the desires of customers using digital media and digital marketing?
a. electronic marketing
b. social networking
c. digital retailing
d. mobile marketing
e. digital marketing

Answers

Answer:

a. electronic marketing

Explanation:

The electronic marketing refers to the strategic processing of the distribution and promotion and pricing of the products and discovery of the desires of the customers and users of their digital media in digital marketing to develop a strategic plan for the promotion of the marketing.

In examining its monthly bank statement, a company discovers that that its account was credited $30 for interest earned. The entry needed to adjust the company's cash balance for this reconciling item will include a:

Answers

To adjust the company's cash balance for an interest credit of $30, you would make a debit to the interest income account and a credit to the cash account.

In examining its monthly bank statement, a company discovers that its account was credited $30 for interest earned. To adjust the company's cash balance for this item, an entry needs to be made that includes a debit to interest income and a credit to the cash account.

"A merger transaction is not supported by the target​ firm's management," forcing the acquiring company to try to gain control of the firm by buying shares in the marketplace. This is an example of​ ________. A. hostile takeover B. financial merger C. strategic merger D. congeneric formation

Answers

Answer:

A. hostile takeover

A hostile takeover is the acquisition of one company (called the target company) by another (called the acquirer) that is accomplished by going directly to the company's shareholders in a bid to secure shares

Final answer:

A merger transaction not approved by the target company's management that forces the acquiring firm to buy shares in the marketplace is termed as a hostile takeover.

a is correct

Explanation:

The situation where a merger transaction is not supported by the target firm's management, forcing the acquiring company to attempt to gain control by buying shares in the marketplace is known as a hostile takeover. In a hostile takeover, the acquiring company purchases the majority of the outstanding shares of the target company in the open market in an attempt to gain control.


This is mostly against the will of the target company's management. Unlike a friendly merger, where both companies' managements approve the deal, a hostile takeover happens without the endorsement of the target company's board.

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Fontana Manufacturing provided the following information for the month ended March 31: Sales Revenue $26,000 Beginning Finished Goods Inventory 8000 Ending Finished Goods Inventory 13,500 Cost of Goods Manufactured 15,600 Compute cost of goods available for sale.

Answers

Answer:

The correct answer is $23,600.

Explanation:

According to the scenario, the given data are as follows:

Beginning Finished goods = $8,000

Cost of Goods Manufactured = $15,600

So, we can calculate the cost of goods available for sale by using following formula:

Cost of goods available =  Beginning Finished goods + Cost of Goods Manufactured

By putting the value we get,

Cost of goods available = $8,000 + $15,600

= $23,600

Hence, the cost of goods available for sale is $23,600.

True or false: Companies that use a perpetual inventory system never need to do a physical count of inventory because in a perpetual system cost of goods sold and inventory are kept up-to-date every time a sale is recorded.

Answers

Answer: False

Explanation: Companies who use a perpetual inventory system do a physical count of inventory at the end of the time despite having an up to date inventory. This is done to be certain and estimate what was recorded down corresponds to what they have in the merchandise kept in the premises of a shop available for sale or distribution. However, after the comparison, variations could exist due to some issues like the disappearance of inventory with no established explanation.

In their chief role of _________, operations managers exert considerable influence over the degree to which the goals and objectives of the organization are realized.

Answers

In their chief role of decision maker or planner, operations managers exert considerable influence over the degree to which the goals and objectives of the organization are realized.

Explanation:

Planned decision making is one of the most vital managerial process. The steps involved in framing preparation of decision establishing are as follows,

Exploring the decision situationDetermining the value of the decisionIdentifying and confirming stakeholdersConsidering connected decisions

The steps included in defining success of the decision making are,

Identifying guiding requirementsConsidering criteria categoriesScreening the criteriaPrioritizing the criteria

The following are the final steps of decision making process,

Planning data gatheringMapping the issues or concerns that are to relevant decisionsManaging the framing

Planned decision making is the crucial process in every business entity. This helps in the forward movement of the business.

Final answer:

Operations managers play a critical role in planning and controlling operations, thereby substantially influencing the organization's ability to meet its objectives. Their decisions on production targets, resource allocation, and quality control have a direct impact on the company's success.

Explanation:

In their chief role of planning and controlling operations, operations managers exert substantial influence over the degree to which the goals and objectives of the organization are realized. As operating managers, they are directly responsible for managing and coordinating all production or service provision activities. They set objectives, ensure quality standards, monitor productivity, and track the efficiency of operations. Their decisions significantly impact the organization's ability to achieve its goals.

For instance, an operations manager in a manufacturing company sets production targets, plans resources, manages inventory, ensures adherence to quality norms, and handles any issues that may arise in the production process. These decisions directly influence the company's ability to meet its production objectives and, in turn, its profitability.

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Bob, the owner of Orthopedic Supply, just discovered that his trusted friend Ruth, his accountant for over 30 years, has been mishandling the company books and stealing from the company bank account. Bob must decide whether to ignore his friend's actions and avoid bad publicity for Orthopedic Supply, or to have Ruth arested for embezzlement. Bob is facing:________ a) a whistle-blower. b) a moral courage decision c) an issue of corporate governance. d) a social audit e) an ethical dilemma.

Answers

Answer: e) an ethical dilemma.

Explanation:An Ethical dilemma is a situation where a person is faced with two opposing options where one is a normal and appropriate thing to do while the other is concerned with ones Relationships.

Most managers are faced with Ethical dilemmas on a daily basis as they have to choose between Maintaining their friendships or strictly adhering to Ethical obligations and standards. Bob, the owner of Orthopedic Supply, is faced with an Ethical dilemma between sparing his friends and trusted friend and following Ethical standards.

Assume a central bank exchanges its currency for other foreign currencies in the foreign exchange market, but does not adjust for the resulting change in the money supply. This is an example of:

Answers

Answer:

nonsterilized intervention

Explanation:

Based on the information provided within the question it can be said that this scenario is a direct example of nonsterilized intervention. This term refers to when central banks attempt to influence the exchange rates by refusing to buy or sell assets or currencies which in term allows the money supply to stay the same .

Jake, who runs a health food store, finds it is rewarding to interact with customers who like to eat organic and health food. Hence, he is recognized in the local community. Which objective of retailing does Jake emphasize by this practice:__________

Answers

Answer:

Personal objective

Explanation:

The personal objectives of a job refer to the specific tasks and goals that the worker must meet in order to perform his/her job properly. The employer should inform every employee about the personal objectives of their job in order for them to know and understand what their employer expects from them.

Ratios that measure the income or operating success of a company for a given period of time are called

Answers

Term Classified Balance Sheet Definition This groups together similar assets and similar liabilities, using a number of standard classifications and sections.
Term Profitability Ratios Definition Measure the income or operating success of a company for a given period of tim

If the production function exhibits decreasing returns to scale in the steady state, an increase in the rate of population would lead to:______________. 1. no growth in total output or in output per worker. 2. growth in total output but no growth in output per worker. 3. growth in total output but a decrease in output per worker. 4. growth in total output and growth in output per worker

Answers

Answer:

3. growth in total output but a decrease in output per worker

Explanation:

A production function depicts a functional relationship between production and factors of production such as land, labor, capital and entrepreneur.

In the long run, all factors of production are variable. Herein, an increase in factors of production leads to less than proportionate increase in a firm's output, it is referred to as decreasing returns to scale.

An increase in the population would lead to rise in the availability of a factor of production i.e labor. But such an increase would only increase the total output and output per worker won't increase and would keep falling owing to the operation of decreasing returns to scale.  

Final answer:

An increase in the rate of population in the context of a production function with decreasing returns to scale leads to growth in total output but a decline in output per worker. This follows from the diminishing contribution each additional worker makes to output as more labor is added to a fixed amount of capital or land.

Explanation:

If the production function exhibits decreasing returns to scale in the steady state, an increase in the rate of population would lead to growth in total output but a decrease in output per worker. This outcome results from the fact that while more workers can produce more total goods, the efficiency by which each worker contributes to output declines. Hence, while the overall 'pie' is larger, the slices (output per worker) become smaller when divided among more people.

Diminishing returns occur when additional units of labor or other factors of production add steadily less to total output when other factors remain constant. This concept is particularly evident in scenarios where labor is added to a fixed quantity of land or capital, a situation famously discussed by Malthus, where he predicted a Malthusian trap due to the uncontrolled population growth outpacing the agricultural production needed to sustain it.

Returns to scale are an important aspect of production functions, assessing whether an increase in all inputs leads to a proportionate increase in output. With decreasing returns to scale, the percent growth in outputs is less than the percent increase in inputs, indicating that each additional input adds less to the output than the previous ones, exemplified by increased population not increasing output per worker equivalently.

Summerton high school has three open positions for teachers. the school's hr personnel review résumés to identify the candidates who meet the school's minimum requirements. next, potential candidates are then invited for interviews. after this, interviewers discuss the results with hr personnel and select a short list of candidates, who then appear before a panel of teachers and hr personnel for the final interview. summerton's new teachers are then selected from among these finalists. which of the following terms describes summerton's method of selection? a) multiple-hurdle b) model nondirective c) model leadership d) model compensatory e) model behavior f) description model

Answers

Answer:

multiple-hurdle

Explanation:

Multiple-hurdle model of selection is a personnel selection model in which applicants for a job are required to pass through a series of selection processes before they are selected. The number of applicants is therefore reduced at each “hurdle.”

Hence if Summerton high school's hr personnel

1. review résumés to identify the candidates who meet the school's minimum requirements; next,

2. potential candidates are then invited for interviews. after this,

3. interviewers discuss the results with hr personnel and select a short list of candidates, who then appear before a panel of teachers and

4. hr personnel for the final interview. summerton's new teachers are then selected from among these finalists.

The school is definitely practicing a multi hurdle selection process

The Lynx Manufacturing Company produces components used in electronic toys. In fiscal year 2017, Lynx earned an accounting profit of $3 million. However, Lynxes production facilities might have also been used to produce components for mobile phones, which would have generated $2 million in revenues and saved the company $500,000 in production costs. Which of the following statements is true?a) lynx earned an economic profit of $5.5 million. b) lynx earned an economic profit of $500,000.c) lynx suffered an economic loss of $500,000.d) lynx suffered an economic loss of $2.5 million.

Answers

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

During the fiscal year 2017, The Lynx Manufacturing Company Received $2,000,000 Profit that helps the company to earn a profit of $5,000,000 in production cost.

This extra saved income in the fiscal year 2017 is called economic profit for the firm.

Therefore, Option "B" is the correct answer to the following situation.

Suppose a movie theater determines it can charge different prices to patrons who go to weekday matinees and people who attend evening and weekend shows . The movie theater’s goal is to increase total revenue.The price elasticity of demand for weekend and evening patrons is -0.50, and the price elasticity of demand for matinee moviegoers is -1.70. Based on the price elasticity of demand for each group of people, how should the movie theater adjust its prices?

Answers

Answer:

increase the price of weekend and evening tickets

decrease the price of matinee tickets

Explanation:

If the price elasticity of demand is elastic, a small change in the price of movie tickets will cause a larger change in the quantity demanded. If the price elasticity of demand is inelastic, a large change in the price will cause a small change in the quantity demanded.

If the PED for weekend and evening patrons is inelastic, then the movie theater should increase the price of the weekend and evening tickets in order to increase total revenue. In this case, a 10% increase in price will result in a 5% decrease in sold tickets.

If the PED for matinee patrons is elastic, then the movie theater should decrease the price of the matinee tickets in order to increase total revenue. In this case, a 10% decrease in price will result in a 17% increase in sold tickets.

Consider an 8% coupon bond selling for $953.10 with three years until maturity making annual coupon payments. the interest rates in the next three years will be, with certainty, r1 = 8%, r2 = 10%, and r3 = 12%. calculate the bond's (a) yield to maturity and (b) realized compound yield

Answers

Answer:

a) YTM = 9.8%

b) realized compound yield is 9.9%

Explanation:

a) PMT = 80

par value FV = 1000

coupon rate = 8%

curent price PV = 953.1

years to maturity n = 3

Yield to maturity (YTM) = [tex]\frac{PMT+(FV-PV)/n}{(FV+PV)/2}[/tex] = [tex]\frac{80+(1000-953.1)/3}{(1000+953.1)/2}[/tex]= 9.8%

b) r2 = 10% = 100%+10%=1.1

r3 = 12% = 100%+12%=1.12

Realized compound yield:First, find the future value (FV. of reinvested coupons and principal

FV =  ($80 *1.10 *1.12) + ($80 * 1.12) + $1080 = $1268.16

let a be the rate that makes the future value $1268.16

953.1(1+y)³ =$1268.16

(1+y)³=1.33

1+y=1.099

y = 0.099 = 9.9%

The correct statements will be that the yield to maturity of a bond with 8% coupon will be 9.8% and the realized compound yield for such bond will be 9.9%.

Bond yields can be calculated using the simple formulas of the above asked queries in the name of Yield To Maturity and realized compound yield by putting the values in the information provided below.

Bonds are the debt securities subscribed to by such creditors who are assured of a fixed interest rate at a predetermined rate on its maturity given that the conditions of such bond are fulfilled.

The Yield to Maturity can be calculated with the following formula,

[tex]\rm YTM= \dfrac {PTM+ (Future\ Value\ - Face\ Value)\ /2}{(Future\ Value+ Face\ Value)\ /2}[/tex]

Putting the values in the formula we get,

[tex]\rm YTM= \dfrac{80\ + (1000-953.1)\ /2}{(1000\ + 953.1)\ /2}[/tex]

We obtain the values as

[tex]\rm YTM= 0.098[/tex]

So, the value of Yield To Maturity interest is 9.8%.

Calculating the realized compound yield,

[tex]\rm Realized\ Compound\ Yield= Present\ value\ (1 +\ y )^{2}[/tex]

We get the values as ,

[tex]1268.16= 953.1\ \rm x\ (1+y)^2\\\\\\1.33 = (1 + y)^2\\\\\\1+y = 1.099[/tex]

We finally get,

[tex]\rm y = 0.099[/tex]

The realized compounded yield is 9.9%

Hence, the correct values for the Yield To Maturity is 9.8% whereas the realized compounded yield is 9.9%

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The Smith family takes out a $10,000 loan for their son’s college education. Their son, Adam, completes college in 4 years. When he does the Smith family owes the $10,000 they originally borrowed plus the $2000 accrued in interest over the 4 years Adam was in school. What kind of loan did the Smith family take out?

A.Private Loan

B.Standard Loan

C.Subsidized Loan

D.Unsubsidized Loan

Answers

D.Unsubsidized Loan is correct
Final answer:

The Smith family likely took out an unsubsidized loan because interest accrued on their loan while their son was in college and had to be paid back in addition to the original amount after he graduated.

Explanation:

The Smith family took out a loan for their son's college education, and after completing college, they owed the original amount plus accrued interest. Given that the interest accrued over the 4 years while Adam was in school, it suggests that loan payments were deferred until after graduation. This characteristic aligns with a federal Direct Unsubsidized Loan, where interest accumulates from the time the loan is disbursed, but payments can be deferred while the student is in school. Conversely, with a subsidized loan, the government pays the interest while the student is in school, so that would not align with the situation described. Therefore, the Smith family likely took out an unsubsidized loan.

Suppose the federal government operates under a budgetary deficit this year equal to $200B. Which of the following spending and tax revenue combinations would be consistent with this state of fiscal finance?

Answers

Answer: Spending = $ 450B and tax revenue = $ 250 B

Explanation:

A budget deficit occurs when expenses surpasses the revenue and indicate the financial health of a country. The government generally uses the term budget deficit when referring to spending rather than businesses or individuals.

Organic Food Inc., a multinational company, relies on its media partner Radio Plus to regularly advertise its offers, sales, and new products. Radio Plus is invested in this relationship because it generates most of its revenue from advertising Organic Food's products. In this scenario, Radio Plus is Organic Food Inc.'s:_______.
A) stockholder.
B) workforce.
C) internal stakeholder.
D) external stakeholder.

Answers

Answer:

D) external stakeholder.

Explanation:

A stakeholder is an individual, a group of people, or an organization who can affect or be affected positively or negatively by your project.

Internal stakeholders are entities within a business (e.g., employees, managers, the board of directors, investors). External stakeholders are entities not within a business itself but who care about or are affected by its performance (e.g., consumers, regulators, investors, suppliers).

In addition to the following closing costs listed below, the buyer pays a realtor commission that is 3.5% of the loan amount. Closing Cost Charge Loan origination $280 Title insurance $476 Attorney’s fees $675 Inspection $200 Recording fees $118 Escrow $573 If the loan amount is $165,000, how much was paid at closing?

Answers

Answer:

d.

$8,097

Explanation:

When a manager assigns someone to work one-on-one with a new employee and show the new employee how the work is done, the training activity known as ______ is occurring.

Answers

Answer:

Coaching or Mentoring

Explanation:

When a manager assigns someone to work one on one with a new employee and show the new employee how the work is done , the training activity is known as coaching or mentoring is occurring.

Such type of training creates a relationship between the new employee and an experienced professional employee who teaches the new employee the different ways and methods to perform the work in a more efficient and effective manner.

For any given demand curve for the right to pollute, the government can achieve the same outcome either by setting a price with a corrective tax or by setting a quantity with pollution permits. Suppose there is a sharp improvement in the technology for controlling pollution.
Illustrate the effect of this development on the demand for pollution rights.

Answers

Answer:

Usually, the government can achieve the same outcome either by setting a price with a corrective tax or by setting a quantity with pollution permits for any given demand curve for the right to pollute. But If there is a sharp improvement in the technology for controlling pollution for any given demand curve for the right to pollute, the effect of this development is a change in the demand for tradeable pollution rights as illustrated below.

Explanation:

Trading pollution rights has opened up a thriving market system for its demand by firms that emit carbon di oxide and other forms of air/water pollution to the environment.

This is where  the exchange of permits or "rights" to release pollution residuals into the environment takes place.

These pollution permits is be bought and sold in by industries and government respectively .

Prices would vary according to the forces of supply and demand The total number of permits would be based on the amount of permissible pollution residuals that can be safely released into the environment during a given period of time. These permits could be given away or auction off to potential polluters, in most cases the highest bidder.

Suppose there is a sharp improvement n Technology for controlling pollution such as

industrial process machines that eliminates air pollution by collecting and recycling the harmful substance that should have escaped into the atmosphere for use or even for sale when the need for it has been discovered thereby reducing or controlling pollution.a mechanism that protects the environment by conserving and protecting natural resources while strengthening economic growth through more efficient production in industry and less need for households, businesses and communities to handle waste.

The demand for pollution rights will drastically reduce.

Answer:

We will try to study this as the market for pollution rights.

The government supplies pollution rights and industries demand pollution rights. A sharp improvement in pollution controlling technology will cause a similar effect to a technological improvement that increases productivity in any other type of industry.

This technological improvement shifts the supply curve to the right, increasing the quantity supplied at every price level. The increase in the quantity supplied will result in a lower equilibrium price (lower tax) and an increase in the quantity demanded (more pollution rights demanded).

Whenever Jane is successful she takes full credit for what has happened, but whenever she is unsuccessful she attributes her failure to bad luck or blames one of her fellow employees. She is guilty of:________. .A) fundamental attribution errorB) attribution biasC) the halo effectD) distinctivenessE) self-serving bias

Answers

Answer:

E) self-serving bias

Explanation:

Self-serving bias is a type of cognitive bias in which an individual tends to attribute positive and favorable outcomes as consequences of their own action or quality, while they tend to absolve themselves if the case of any negative outcome or events that are not favorable, hence, they attribute such to the action of others or external forces. People who exhibit this cognitive bias, usually do so to boost their confidence or enhance their self-esteem.

Answer: Self serving bias.

Explanation:

Jane has a self serving bias, therefore this make her always want to blame her failures on any other factor except herself. An individual with a self serving bias finds it very easy to claim that they are responsible for their success, and easy to blame failures and setbacks they experience on external factors.

Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost - Activity Base Procurement $315,600 Number of purchase orders Scheduling $200,900 Number of production orders Materials handling $443,500 Number of moves Product development $717,100 Number of engineering changes Production $1,438,900 Machine hours Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Changes Machine Hours Number of Units Disk drives 4,080 360 1,460 15 2,200 1,900 Tape drives 1,700 125 760 5 8,600 4,300 Wire drives 11,500 870 3,700 21 10,600 2,400 Determine the activity rate for materials handling per move.a. $58.82
b. $50.00
c. $20.83
d. $80.65

Answers

Please kindly note that none of the

Options given in the question is correct.

The correct answer is calculated and explained below

Answer:

$79.92 per move.

Explanation:

Activity rate can be calculated by dividing Activity cost budgeted for the particular activity pool by the Estimated or Total Activity base for that pool

Activity rate = Budgeted activity cost ÷ Estimated or Total Activity base

In the question above,

Budgeted Activity cost for material handling = $443,500

Estimated or Total Activity base for material handling (Summation of Total moves) = 1,460 + 760 + 3,700 = 5920 moves

Activity rate = $443,500 ÷ 5920

= $79.92 per move.

Final answer:

The correct activity rate for materials handling per move is $74.92, after dividing the total cost for materials handling ($443,500) by the total number of moves (5,920).

Explanation:

To calculate the activity rate for materials handling per move, we use the total budgeted activity cost for materials handling and divide it by the total number of moves. The budgeted activity cost for materials handling is given as $443,500. The total number of moves from all products (disk drives, tape drives, and wire drives) are 1,460 + 760 + 3,700 moves which equals 5,920 moves.

To find the rate per move, we perform the following calculation:

Activity Rate = Total Cost for Activity / Total Number of Moves
= $443,500 / 5,920 moves
= $74.92 per move.

Therefore, the correct activity rate for materials handling per move is $74.92, which means none of the provided options (a, b, c, d) are correct.

Sarah just made a purchase on an online shopping site (such as amazon) and completed the checkout process by paying with her credit card. Which protocol was most likely used for the transmission of her information

Answers

Answer:

cryptographic protocol

Explanation:

If Congress instituted an investment tax credit a. it would make buying bonds more desirable, so the demand for loanable funds would shift. b. it would make buying capital goods more desirable, so the demand for loanable funds would shift. c. it would make buying bonds more desirable, so the supply of loanable funds would shift. d. it would make buying capital goods more desirable, so the supply of loanable funds would shift.

Answers

Answer:

If Congress instituted an investment tax credit, it would make buying capital goods more desirable, so the demand for loanable funds would shift.

Explanation:

Buying of capital goods becomes more desirable if Congress institutes an investment tax credit, so the demand for loanable funds would shift because

it has been  observed that an investment tax credit for businesses to expand usually results into the demand for loanable funds to increase

When a business association holds itself out to others as being a corporation when it has made no attempt to , the firm normally will be from denying corporate status. When this occurs, courts will treat the entity as a corporation, but only for the purposes of resolving dispute.
incorporate
estopped
a single

Answers

Answer: Putting the terms incorporate , estopped and a single to make a meaning it becomes as seen in the explanation below.

Explanation: The question should be fill in the bracket with the terms - incorporate, estopped and single.

So it becomes.

When a business association holds itself out to others as being a corporation when it has made no attempt to INCORPORATE.

The firm normally will be ESTOPPED from denying corporate status. When this occurs, courts will treat the entity as a corporation, but only for the purposes of resolving a SINGLE dispute.

Answer:

When a business association holds itself out to others as being a corporation when it has made no attempt to INCORPORATE, the firm normally will ESTOPPED be from denying corporate status. When this occurs, courts will treat the entity as a corporation, but only for the purposes of resolving A SINGLE dispute.

Explanation:

This paragraph refers to corporations by estoppel, which are businesses that have not completed (or even started) the statutory requirements to incorporate, but act like corporations.  This denomination is used by courts when individuals act like they are part of a corporation or a limited liability company and then if something goes wrong (and it usually does), will argue that they were never a corporation or LLC. The defendants will then be estopped by the court from denying that they were part of a corporation.

Obviously this type of behavior is carried out for something illegal, since there is no reason why someone should trick other people into believing that they are part of a corporation when they are not. Generally this type of acts result in frauds committed by issuing non-existent stocks and who knows how many more bad things.

An organization has recently suffered a series of security breaches that have significantly damaged its reputation. Several successful attacks have resulted in compromised customer database files accessible via one of the company's web servers. Additionally, an employee had access to secret data from previous job assignments. This employee made copies of the data and sold it to competitors. The organization has hired a security consultant to help them reduce their risk from future attacks.
What would the consultant use to identify potential attackers?
A. Asset valuation
B. Threat modeling
C. Vulnerability analysis
D. Access review and audit

Answers

Answer:

B.

Explanation:

Threat Modeling is the process of identifying and optimizing network security. This practice helps to find the possible threats to confidential information.

Threat Modeling is used to protect the systems. In this practice, the consultant identifies the enterprise's assets and analyze the work of all applications. Then it sets the security profile on all applications and documenting adverse effects of it.

In the given scenario, the consultant will use the tool or technique of threat modeling to identify the potential attackers.

So, the correct answer is option B.

Final answer:

To identify potential attackers after a series of security breaches, the most effective method is using threat modeling. This approach involves understanding the adversaries, their goals, and tactics, allowing an organization to tailor defensive measures against specific threats. It's key in establishing effective security protocols and preventing future incidents.

Explanation:

When an organization suffers from security breaches, identifying potential attackers is crucial to safeguarding against future incidents. The best tool to use for identifying potential attackers is threat modeling. This process involves understanding who the adversaries are, their resources and capabilities, and the strategies and tactics they employ to carry out attacks. By analyzing who is likely to attack, why they might attack, and how they might carry out these attacks, organizations can better protect their sensitive data and systems.

Threat modeling considers various surveillance risks, starting with identifying the adversary. This approach is strategic because it allows for tailored defensive measures based on the specific threats an organization faces. Whether the threat comes from a competitor, a hacker, or another entity, understanding the adversary's possible methods and motives is a critical step in establishing effective security protocols.

By focusing on the adversary, organizations can employ protective behaviors and technologies that directly counteract the identified risks. In the context of the scenario provided, threat modeling would help the organization analyze the recent breaches, understand the methods used by the attackers, and implement stronger security measures to prevent similar incidents in the future.

Luke and Mia are selling their home. They listed their house three months ago at an extremely high selling price, a price they randomly chose. They do not want to reduce the price to reflect what the marketplace shows their home is really worth. Luke and Mia are participants in _____ bias.

Answers

Answer:

anchoring and adjustment

Explanation:

Luke and Mia have determined a selling price based on the overall market review. The price they set was randomly selected by them and they do not want to reduce the price. In that regard, Mia and Luke have participants in Anchoring and adjustment. It is a phenomenon or an initial idea that helps to determine the starting point of a commodity.

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