Complete the statements regarding types of economies
Answer:
Free enterprise and government
Explanation:
Location-based social networking apps such as foursquare reward customers for
Benji works for a private firm that has been contracted to examine the books of accounts of the sanborn corporation. after she has checked the figures and examined the company's accounting methods, she is required to prepare a report on her findings. the work that benji is tasked with is characteristic of a(n) _____.
At the children's hospital in seattle there are, on average, 50 births per week. mother and child stay, on average, one day before they leave the hospital. at the swedish hospital (also in seattle), the average number of births per week is 220. mothers and children stay in the hospital one day on average.
a. how many new mothers, on average, are staying at the children's hospital?
At the Children's hospital in Seattle, an average of 50 new mothers are staying per week. At the Swedish hospital, also in Seattle, an average of 220 new mothers are staying per week.
Explanation:The question is based on average rates given for two different hospitals in Seattle. At the Children's hospital, it is said that, on average, there are 50 births per week and each mother and child stay for one day. Therefore, on average, there are 50 new mothers staying at the Children's hospital per week. It's calculated simply by taking the average number of births as the average number of mothers staying because the stay duration is exactly one day.
For the Swedish hospital, the same logic is applied. An average of 220 births implies an average stay of 220 new mothers per week as each stay is also one day. This approach relies on the assumption that births and discharges happen evenly throughout the week.
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Using Little's Law, we determined that there are approximately 7.14 new mothers staying at the Children's Hospital in Seattle at any given time. This calculation used the average number of births per week and the average length of stay.
To determine how many new mothers are staying at the Children's Hospital in Seattle on average, we can use the given data and apply Little's Law from queueing theory, which states that L = λW.
Where L is the average number of customers (new mothers) in the system (hospital).λ (lambda) is the average arrival rate of customers (births per day).W is the average time a customer spends in the system (days per stay).Given, the average number of births per week (λ) is 50 births/week. To convert this to a daily rate, we divide by 7:
λ = 50 births/week / 7 days/week ≈ 7.14 births/day
The average stay (W) is one day.
Applying Little's Law:
L = λW = 7.14 births/day * 1 day = 7.14 mothers
Thus, there are approximately 7.14 new mothers staying at the Children's Hospital in Seattle at any given time.
In a free recall task, an individual is asked _____. to recall as much information as possible about a particular topic in any order to recall a series of items or numbers in a particular order to recall pairs of items that had been previously memorized to select the correct answer from a range of alternatives to reproduce information that has been previously committed to memory
Chloe advertises on the radio that she is selling a car guaranteed to get thirty-five miles per gallon. chloe knows that the car will not do what she claims it will. chloe may be successfully prosecuted:
(2 pts) "a study of norway's railways revealed that, for rides up to 60 km, the price elasticity of the volume of passenger demand was approximately −0.4. estimate the percent change in demand when the fare is increased by 10%"
The price elasticity of demand is actually the ratio of change in quantity demanded over the change in price, so it is mathematically written as:
PED = % change in demand / % change in price
Therefore calculating for % change in demand:
- 0.4 = % change in demand / 10%
% change in demand = - 4%
So there is a 4 percent decrease.
Final answer:
The demand for rides up to 60 km on Norway's railways is estimated to decrease by 4% when the fare is increased by 10%, based on the price elasticity of demand of -0.4.
Explanation:
The question relates to the concept of price elasticity of demand, which is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price. The price elasticity of demand is approximately −0.4 for rides up to 60 km on Norway's railways. If the fare is increased by 10%, we can estimate the percent change in demand by multiplying the price elasticity of demand by the percentage change in price.
To calculate the expected percent change in demand if the fare is increased by 10%, use the following formula:
Percent change in demand = Price Elasticity of Demand × Percentage change in price
Percent change in demand = −0.4 × 10%
Percent change in demand = −4%
Thus, the demand is estimated to decrease by 4% when the fare is increased by 10%.
Aside from advertising, how can monopolistically
competitive firms increase demand for their products?
>,Personal Finance class please help!!!!!!!!!!<
Match each law with its benefit for consumers.
A.)Economic Growth and Regulatory
Paperwork Reduction Act.
B.)Fair Credit Reporting Act.
C.)Federal Deposit Insurance Act.
D.)Children's Online Privacy Act.
1.)Consumer disputes financial information reported to a credit scoring company.
2.)Consumer has less paperwork to go through to buy a new house.
3.)Consumer refuses to provide their five-year-old child's financial data to a company.
4.)The FDIC has the right to review companies for consumers.
Answer:
!!!!
Explanation:
Treasury bills are unique in that they trade on a premium basis.
a. True
b. False
The taxpayer's marginal tax bracket is 25%. which would the taxpayer prefer?
James is a software engineer at hp and has a substantial background in microprocessors. although james is not a manager, he is heading a team that includes managers from different departments. this is an example of __________ power.
The answer is expert power. James were given to be the head of the team even if he is not a manager because an expert power is which an individual is likely to be given position or praise because of a person’s capabilities in a certain field in which James has a substantial background in terms of microprocessors.
The university system of georgia's cio believes the best way to collaborate with 31 independent-minded university cio's is to look for scenarios where three to five universities are planning to purchase the same product and therefore can consolidate their buying or centralize their service. one specific example of how the cio utilized this strategy to resolve a problem was to develop a centralized system for _________.
The polluter-pays principle places moral responsibility on corporations for what?
For their past pollution, is what the polluter-pays principle places moral responsibility on corporations. The polluter needs to pay principle places moral responsibility on corporation because they need to increase the result of their past pollution not to be worse. So the answer in this question is for their past pollution.
_______ agreements ensure that communications carriers exchange traffic on their networks freely.
List several factors that help identify inappropriate, unsound, and possibly dangerous commercial weight loss programs
On january 1, 2016, wright transport sold four school busses to the elmira school district. in exchange for the buses, wright received a note requiring payment of $515,000 by elmira on december 31, 2018. the effective interest rate is 8%. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.): required: 1. how much sales revenue would wright recognize on january 1, 2016, for this transaction?
Wright Transport would recognize sales revenue of $408,854.30 on January 1, 2016, for the school buses sold to Elmira School District. This is calculated by discounting the receivable amount of $515,000 due on December 31, 2018, at the effective interest rate of 8%.
To determine the sales revenue that Wright would recognize on January 1, 2016, for selling the school buses, we need to calculate the present value of the $515,000 receivable due on December 31, 2018. The effective interest rate given is 8%. Using the present value of $1 table (PV of $1), we can find the factor for 3 years at 8%.
Present Value = Future Value x (PV of $1 factor for 8% and 3 years)
Present Value = $515,000 x (PV of $1 factor for 8% and 3 years)
Assuming the factor is, for example, 0.7938 (this would come from the provided tables),
Present Value = $515,000 x 0.7938
Present Value = $408,854.30
Therefore, the sales revenue Wright Transport would recognize on January 1, 2016, would be $408,854.30.
Mary is an authorized user on her parents' credit card. What may happen if Mary doesn't use the card in a responsible way?
The answer is: Mary and Mary's parents' credit may be damaged
Even though Mary is an authorized user of the card, the credit history from the credit card that Mary use is still tied to her parent's name.
This mean that if Mary do fiscally irresponsible behavior such as maxing out the credit cards, or keep losing it, her parents' credit score would plummet and it would be hard for them to obtain loans in the future.
How sustainable is any competitive advantage for rice epicurean? for mywebgrocer?
Starr is an agent of a disclosed principal, maple. on may 1, starr entered into an agreement with king corp. on behalf of maple that exceeded starr's authority as maple's agent. on may 5, king learned of starr's lack of authority and immediately notified maple and starr that it was withdrawing from the may 1 agreement. on may 7, maple ratified the may 1 agreement in its entirety. if king refuses to honor the agreement and maple brings an action for breach of contract, maple will
The world banks threshold for extreme poverty is 1.25 per person per day. how much annual income does this imply for a family of four
When a case is appealed, the court of appeals decides the case solely based upon?
How did whirlpool use capabilities of text analytics to better understand their customers and improve product offerings?
Whirpool use the competences to enhanced their understanding of their customers and develop product offerings by as we know that Whirpool Corporation takes a cooperative approach to social media networks, with the Digital Marketing, Public Relations, and Customer Care teams all concerted effort to make available a reliable and trustworthy brand voice to its customers.
You place half your wealth into tivo stock and the other half into intel bonds. tivo stock's beta = 1.2 and intel bonds' beta is 0.90. calculate the portfolio beta
Weight to wealth in the tivo stock = w1 = 0.5
Weight to wealth in intel bonds = w2 = 0.5
Tivo stock beta (beta1) = 1.2
Intel bond beta (beta2) = 0.90
Portfolio (beta) = w1beta1 + w2beta2 = 0.5 x 1.2 + 0.5 x 0.9
The answer is 1.05
Matt recently deposited $20,000 in a savings account paying a guaranteed interest rate of 4 percent for the next 10 years. (do not round intermediate calculations. round your answers to the nearest whole dollar amount.)required:if matt expects his marginal tax rate to be 20 percent for the next 10 years, how much interest will he earn after-tax for the first year of his investment
Pam ryan owns a store that sells running shoes and related products. pam is currently trying to increase sales through endorsements by famous runners and former olympic athletes. pam is pursuing a(n) ________ strategy.
Burns outlined leadership in his seminal work in 1978 and described leadership as
James MacGregor Burns described leadership as the interactive and mutually elevating relationship between leaders and followers, contrasting transactional and transformational leadership in his seminal work in 1978. This view highlights the influence of leaders in inspiring and transforming the groups they lead.
James MacGregor Burns outlined his conception of leadership in 1978, describing it as a process where leaders and followers engage with one another to advance to a higher level of morality and motivation. In Burns' view, leadership was not simply about the traits that distinguish leaders from non-leaders, but rather about the relationship between leaders and their followers and the mutual process of elevating each other's values and goals.
This approach provided the foundation for later studies on transformational leadership, which suggests that leaders can change the nature of the groups they lead, as well as their members, by providing vision and a sense of mission, instilling pride, gaining respect and trust, and elevating the aspirations and motivations of the group.
Burns emphasized the difference between transactional leadership, which focuses on the exchanges that occur between leaders and their followers, and transformational leadership, which is more about inspiring and emotionally engaging followers to achieve a shared goal. Effective leadership, according to this perspective, involves anticipating needs, fostering aspirations, and changing perceptions and values.
Janelle is the manager of employee assistance programs for a large state university. in this role, she provides short-term counseling services to faculty and staff and their families with respect to personal, career/work-related, and behavioral health problems or makes referrals for longer-term counseling to a network of partner firms. which managerial skills would likely be the most crucial to the performance of janelle's job?
The managerial skills that she would likely be the most crucial to performance in her job is the human relations skill. In this type of managerial skill, the individual is require to do build and maintain relationships in which the individual should be good in the way that he or she communicates towards other people.
Discuss several issues that influence the organization of logistics activities within a firm.
Janet, a manager at hollyoak systems, is known for her passionate and people-friendly ways. janet knows all her employees well and trusts them to do the right thing for the company. any new project starts with an initial briefing from her, after which the teams are given complete freedom to determine the tasks and timeline for that project. from time to time, janet gives the teams feedback about the progress of their projects. in this scenario, janet can be regarded as a(n):
Janet can be regarded as a free-rein leader because she gives the flexibility to her team to take decisions and make plans by themselves.
Further Explanation:
Leader: A leader is a member of the group who guides or motivates the other team-members towards the accomplishment of the goals. Various leadership styles are adopted by the leader to influence the people. The Leadership styles are:
• Democratic Leadership: In this type of leadership style, the leader decides against taking inputs from the team member.
• Autocratic Leadership: In this type of leadership style, the leader decides against taking inputs from the team member.
• Laissez-Faire: Leadership: In this type of leadership, the team member can make their own decisions, and the leader only gives them feedback.
• Transformational Leadership: In this type of leadership, the leader focus improvement of the team members' performance.
• Transactional Leadership: In this type of leadership, the leader rewards their employees only for the work they do.
Therefore, Janet is a free-ringleader as she practices the laissez-faire of leadership.
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Answer details:
Grade: Senior School
Subject: Business Studies
Chapter: Leadership
Keywords: Janet, a manager, at, Hollyoaks, systems, passionate, and, people-friendly, ways, employees, trusts, initial briefing, teams, complete, freedom to determine the tasks,project,from feedback, progress, scenario.