Production refers to all the activities and processes used in making both tangible and intangible products.
True or False

Answers

Answer 1

Usually everything would be intangible, I want to say is false

Answer 2

Final answer:

Production includes all activities and processes involved in creating tangible and intangible products. These can range from product design to distribution, and the goal is to fulfill customer needs and wants.

Explanation:

The statement is true. Production refers to all the activities and processes used to make tangible goods (like a car, table, or shirt) and intangible services (teaching, entertainment, and healthcare). These activities range from design, assembling, and quality control to distribution. The aim of production is to create items that meet the needs or wants of the customer within their budget and specified time.

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Related Questions

Which statement about fiscal policy it not true

Answers

There are no statements here.

Answer:

It refers to the adjustment of an economy’s money supply by a central bank.

Explanation:

t which stage of the buying decision process does a consumer experience dissonance?
A consumer experiences dissonance at the BLANK stage of the buying decision process.

Answers

I believe the answer is the post-purchase stage

Final answer:

A consumer experiences cognitive dissonance at the post-decision stage of the buying decision process, which is psychological discomfort due to conflicting thoughts about the decision made.

Explanation:

A consumer experiences dissonance at the post-decision stage of the buying decision process. Cognitive dissonance often arises after making an important decision, a phenomenon also known as post-decision dissonance or buyer's remorse.

This is the psychological discomfort people feel when they have conflicting thoughts about a recent decision, especially if it threatens their positive self-image or if the outcome was uncertain or unpredictable.

For example, if someone buys a new phone but then starts to doubt whether it was worth the cost or if another model would have been a better choice, they are experiencing cognitive dissonance. This discomfort due to cognitive dissonance is not only psychologically challenging but can also cause physiological arousal and brain activity in areas important for emotions and cognitive functions.

the rate of inflation excluding the effects of food and energy prices is ______
A. the wage-price spiral
B. hyperinflation
C. the core inflation rate​

Answers

the core inflation rate

Answer:

Your correct answer is C. the core inflation rate​

Explanation:

The cost of employee benefits is ____ the cost of salary and wage payments.

25 percent

31 percent

66 percent

200 percent

Answers

I believe the correct option is 31 percent

The cost of employee benefits is 31 percent the cost of salary and wage payments.

Employee benefits, also known as perks or fringe benefits, are provided to employees over and above salaries and wages.

These employee benefit packages may include overtime, medical insurance, vacation, profit sharing and retirement benefits, to name just a few.

What are examples of employee benefits?

Here is a list of popular employee benefits in the United States:

Health insurance.Paid time off (PTO) such as sick days and vacation days.Flexible and remote working options.Life insurance.Short-term disability.

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ABC Mechanics charges an estimate fee of $100 plus $40 per hour, x, in labor. XYZ Mechanics charges an estimate fee of $65 plus $50 per hour, x, in labor. How many hours of labor will make ABC the better choice?
=6 hours?
>2 hours?
<5 hours?
>3.5 hours?

Answers

To determine how many hours of labor will make ABC Mechanics the better choice, we need to set up an equation to compare the total cost of both mechanics. Let's use "h" to represent the number of hours of labor:

Total cost for ABC Mechanics = $100 + $40h

Total cost for XYZ Mechanics = $65 + $50h

We want to find the value of "h" that makes ABC Mechanics cheaper than XYZ Mechanics, so we need to set up an inequality and solve for "h":

$100 + $40h < $65 + $50h

Simplifying this inequality, we get:

$35 < $10h

Dividing both sides by 10, we get:

3.5 < h

So, ABC Mechanics is the better choice when the number of hours of labor is greater than 3.5.

Therefore, for the given options:

-6 hours: ABC will charge $340, while XYZ will charge $365. ABC is cheaper.

-2 hours: ABC will charge $180, while XYZ will charge $165. XYZ is cheaper.

-5 hours: ABC will charge $300, while XYZ will charge $315. ABC is cheaper.

-3.5 hours: ABC will charge $260, while XYZ will charge $260. Both mechanics will charge the same amount.

Therefore, ABC is the better choice for labor hours greater than 3.5 hours.
Final answer:

ABC Mechanics becomes the better choice when more than 3.5 hours of labor are needed, due to its lower hourly rate.

Explanation:

The problem describes two different mechanic shops, ABC and XYZ, which have different pricing structures, and wants to know at what point, in terms of hours of labor, ABC becomes a more economical choice. We set the cost of ABC equal to the cost of XYZ and solve for x, the hours of labor. For ABC, the cost is $100 + $40x and for XYZ, the cost is $65 + $50x. We set these two equations equal to each other and solve for x:

$100 + $40x = $65 + $50x

This simplifies to $10x = $35, so x = 3.5. Anything above 3.5 hours will make ABC the better choice.

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True or False: You need a W-2 form only for filing your federal taxes, not your state taxes.

Answers

Is true you do need a w-2 form

What is a opportunity cost?

Answers

Answer: An opportunity cost is a benefit ,profit, or value of something that must be given up to in order to achieve something else.

Explanation:

Answer:

Opportunity cost refers to missing out on other opportunities.

Explanation:

Which best describes the effect of outsourcing on the labor market in the United States

immigration declines as workers move elsewhere

Wages and prices both increase steadily

competition for jobs increases and wages go down

the supply of labor decreases and productivity suffers

Answers

Answer:

Competition for jobs increases and wages go down.

Explanation:

Answer:

competition for jobs increases and wages go down

Explanation:

Quiz verified

an extended recessionary period is indicative of
A) a depression
B) the start of a depression
C) a growing recession
D) the end of a recession

Answers

Answer:

start of depression

Explanation:

An extended recessionary period is indicative of. A: An extended recessionary period is indicative of depression.

Answer:

B)  depression is the correct answer

Explanation:

Recession refers to a vital drop in economic activity.

Recession period causes financial loss while some of the companies become ruined.

During the recession period, the unemployment rate is high which is indicative of depression and people suffer from financial crises and gross domestic product decline.

In the recession period, there is a decline in the income, sales, GDP, employment and manufacturing

Thus An extended recessionary period is indicative of a start of depression"

What do right-to-work laws do?

Answers

Ban mandatory union membership is your answer.

Answer:

Right-to-work law is used to ban mandatory union membership ( option 2 )

Explanation:

The right-to-work law gives the worker the liberty to work with an organization/company without necessarily belonging to the existing union and also from paying union fees/dues. belonging to the unions at workplace by workers is a decision made solely by the worker and it is not to be mandatory option.

workers who don't belong to workers unions at their workplace are not protected by union laws, hence they are vulnerable to some form of victimization by the management of the company. without the backng of the union it is more difficult dealing with such situations.

Which trend most affects the benefits teachers receive?
A) Global climate change
B) Increased need for worker mobility
C) Rising healthcare costs
D) Increased access to the Internet​

Answers

Answer:

C. Rising healthcare costs

Explanation:

Benefits include healthcare have nothing to do with other options.

Having a funny voicemail message is a good idea, because it shows the employer your sense of humor. Please select the best answer from the choices provided T F

Answers

Answer:

F

Explanation:

Most of the times, for a company to have a funny voice mail message is NOT a good idea.

People who contact a company want to get serious service and attention, they want to talk business, buy a product/service or have their billing/technical issues addressed and so on.

However, there are a few cases when it could be appropriate... like if you're a clown company, a circus company, a TV comedy production company or a jingle company.... because humour is your trademark, that's what you do.

What is consumer vigilance? Select the best answer from the choices provided. A. being aware of risks to consumers B. being fearful about consumer situations C. learning to catch identity thieves D. learning to how to commit fraud

Answers

Answer:

the right to be informed. the right to be safe. the right to choose. the right to be heard. avenues for redress ofconsumer grievances (e.g., state and federal agencies, consumer protection laws, private groups such as Common Cause, Better Business Bureau).

Explanation:

A. being aware of the risks to consumer

Final answer:

Consumer vigilance is being aware of risks to consumers, including potential fraud and identity theft, and taking an active role in using products safely and making informed financial decisions.

Explanation:

Consumer vigilance refers to being aware and attentive to issues that can affect consumers, including risks and potential fraud. It's about taking responsibility to use products safely, seek information, make informed decisions, and speak up about preferences and concerns. This vigilant attitude helps protect against identity theft and enables individuals to act responsibly when dealing with personal finances, such as investing, borrowing, banking, and managing credit.

Consumer Responsibility and Awareness

Consumer vigilance encompasses multiple aspects, such as creating a personal retirement plan, beginning a savings program, maintaining a checking account, understanding loans and borrowing obligations, and developing strategies to improve one's credit score. These actions all require personal financial literacy and reflect a vigilant attitude towards managing one's economic life.

Avoiding Fraud and Identity Theft

Part of consumer vigilance involves learning how to recognize and protect oneself against identity theft, which can involve unauthorized use of personal information for fraudulent activities. It is crucial to share only the minimum necessary personal information, understand the reasons for its collection, and monitor credit history for signs of identity compromise.

A report has a column of totals, with each total adding to the cell above it. What kind of calculated figure is this?
A) a percentage
B) a sum
C) a grand total
D) a running sum

Answers

Answer:

The correct answer would be option D, Running Sum.

Explanation:

A report has a column of totals, with each total adding to the cell above it. Such type of calculated figure is called the Running Sum.

Running sum is also called the Partial Sum. In such type of summation, the values in the sequence is added to get a final result and then if a new number comes, it is again added to the grand sum, and in this way the sequence continues. Every new entry is added to the previous sum to get another sum.

Competitors who sell similar products using similar marketing plans are known as

Answers

Answer:

Strategic Groups of Competitors

Explanation:

These are business competitors, maybe firms or companies that have a similar business model.In this view, such competitors apply same strategies and plans when running their operations.These competitors might have similar business objectives and goals.A good examples is when two companies focus on activities to sustain competitive advantages thus they can apply a similar model when breaking down the market.

This question is incomplete. Here is the complete question:

Competitors who sell similar products using similar marketing plans are known as:

pair bonds.

strategic groups of competitors.

baseline competitors.

copycats.

Answer:

The correct answer is strategic groups of competitors.

Explanation:

Competitors who sell similar products using similar marketing plans are those who must compete with each other to be the best seller. This happens a lot in large companies that sell the same products and seek the same type of customers.

These competitors are known as strategic groups of competitors. Both have similar strategies with which they will compete to sell their products effectively.

Why is your amount owed considered when determining your credit score?

Answers

Answer:

Owing cash on credit accounts doesn't really mean you're a high-hazard borrower with a low credit Score. Notwithstanding, when a high level of an individual's accessible credit is been utilized, this can show that an individual is overextended, and is bound to make late or missed installments.

The amount owed on different accounts decides 30% of the FICO score. Aside from the general amount owed, the FICO scores think about the amount claimed freely on explicit accounts. On the off chance that you utilize a noteworthy part of the credit you are qualified for, it can negatively affect the FICO scores. Be that as it may, utilizing a less amount from as far as possible allowed can give you a superior score than not utilizing the credit by any stretch of the imagination.  

Final answer:

Your amount owed is considered when determining your credit score because it reflects your level of debt and your ability to manage it responsibly.

Explanation:

When determining your credit score, your amount owed is considered because it reflects your level of debt and your ability to manage it responsibly. Lenders and credit bureaus take into account the total amount you owe on all accounts and the utilization rate of your available credit. High levels of debt and a high utilization rate can negatively impact your credit score, while lower levels of debt and a low utilization rate can positively affect your credit score.

For example, if you have a credit card with a limit of $5,000 and you have a balance of $4,500, your utilization rate is 90%. This high utilization rate indicates that you are using a significant portion of your available credit, which may suggest financial instability and increase the risk for lenders if they were to extend additional credit to you.

Therefore, it is important to manage your amount owed by keeping your debt levels low and your utilization rate below 30% to maintain a healthy credit score.

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anybody know the answer for in the business world, you need this trait so you can stay ahead of the competition.

the answers I am getting is
1. self-assessment
2. independent
3. risk- talking
4. control ​

Answers

Answer:I would think that it would be 1. Self-Assessment

Explanation:If you are constantly assessing yourself then you can see what you need to improve on to help you stay ahead of the competition.

In the business world, you need this trait so you can stay ahead of the competition is risk- taking. Thus option (3) is correct.

What is a business?

A business can be referred to as an organization or enterprising entity that engages in professional, commercial or industrial activities. There are different types of businesses like sole proprietorships, partnerships, corporations, and more.

The businesses are basically work for profit motive. Businesses can be small-scale or large-scale. Some of the biggest businesses in the world are Amazon and Walmart.

There are different types of partners in a business. The persons who owns the shares of the company is known as shareholder.

In the business world, you need this trait so you can stay ahead of the competition is risk- taking. Therefore, option (3) is correct.

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There are four steps in solving one’s personal financial challenges

Answers

1) having a budget

2) a main concern (not buying unnecessary things)

3) long term thinking (avoiding things you may regret later on)

4) allocate money for savings

Explanation:

Personal financial challenges are the difficulties that a person face to manage his money. A person manages money to save it for the later use in the future. There are many steps involved in solving one's personal financial challenges. They are as follow:

Write down the expenses.

Allocate budgets for your expenses.

Cut down the spending wisely.

Pay attention to discretionary spending.

There are a lot more steps that can solve the personal financial challenges like you should go to the shopping alone, make a list of things you need and buy only those things, try to always shop from sales and offers, always spare an amount to set it aside to be used in case of emergency, spare some amount for saving which is to be used to do some investment, etc.

Agnes pays state income tax equal to 3.75% of her federal taxable income. She pays federal income tax equal to 28.4% of her federal taxable income. This year, she paid $15,449.60 in federal income tax. How much did Agnes pay in state income tax? a. $573.36 b. $4,387.69 c. $1,170.04 d. $2,040.00

Answers

____________________________________________________

Answer:

Your answer would be D). $2,040.00

____________________________________________________

Explanation:

To find the state income tax in this situation, we would need to be doing a lot of multiplying and dividing in order to get our answer.

We would use this equation:

t = px

t = Total paid

p = percentage

x = unknown

In this case, we would need to find what x is.

Let's give you the equation:

15,449.60 = 28.4x

We would need to get x by itself, so we would divide by 28.4. But first, we would need to move the decimal place from 28.4 2 times to the left, so we would be dividing by .284

[tex]\frac{15449.60}{.284} = 54,400[/tex]

Now, that;;s the federal income tax, but we have to find the state income tax. We would use 54,400 and miltiply it by 3.75 (move 2 decimal places to the left to get 0.0375).

[tex]54,400*0.0375= 2,040[/tex]

Agnes payed $2,040 in state income tax.

D). $2,040 should be your FINAL answer.

____________________________________________________

Based on the calculation, the amount of money which was paid by Agnes as state income tax is equal to: D. $2,040.00.

Given the following data:

Percent of federal taxable income, PF = 28.4% = 0.284.Percent of state income tax, PS = 3.75% = 0.0375.Federal income tax, FI = $15,449.60.

How to calculate Agnes' state income tax?

In order to calculate Agnes' state income tax, we would the amount of money she paid as federal taxable income by using this mathematical expression:

FI = FT × PF

15,449.60 = FT × 0.284

FT = 15,449.60/0.284

FT = $54,400.

Now, we can calculate Agnes' state income tax:

SI = FT × PS

SI = 54,400 × 0.0375

SI = $2,040.00.

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If a concerned citizen wanted to alert others to the environmental damage caused by a large company, what would be the best form of online publishing to support his purpose?

-Social Network Post
-Opinion Editorial
-Forum
-Blog

Answers

Opinion Editorial would be the best form of online publishing to support his purpose.

The reason that the best form of online publishing to support his purpose is Opinion Editorial is as follows:

An op-ed, short for "opposite the editorial page", is a written prose piece typically published by a newspaper or magazine that expresses the opinion of an author usually not affiliated with the publication's editorial board.Opinion Editorial tackles recent events and issues, and attempts to formulate viewpoints based on an objective analysis of happenings and conflicting/ contrary opinions.An editorial is predominantly about balance.

Hence, the correct answer is option(b) Opinion Editorial.

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Read the sentence.

A person visits the grocery store to buy the materials to make and sell fudge door-to-door.

What factors of production are being used?

1) only land and capital
2) only labor and capital
3) only land and labor
4) all of the factors: land, labor, and capital

Answers

Answer:I think its 4

Explanation:

1) only land and capital!

Which is always a cost when buying insurance?
premium
deductable
Co-payment
payout

Answers

Answer:

It would be premium!

Answer:

The answer is A on Edge. Premium.

Explanation:

If a customer credit score is within 2 points of the minimum of what the business will accept, should the business extend credit

Answers

Answer:

Explanation:

I wouldn't.

The business has drawn a rigid line in the sand. It has to maintain its standard. I might try and make a deal with the customer. "Come up with x% for a down payment."

If the score is high (like over 750), I would likely stretch my standard. 750 is a pretty high score and if you have that kind of a number, you know how to pay things back.

Final answer:

Deciding whether to extend credit to an individual whose credit score is marginally below the business's minimum threshold involves assessing risk and potential financial behavior, based on objective criteria and the current economic climate.

Explanation:

The decision to extend credit to a customer whose credit score is within 2 points of the minimum acceptance level is a nuanced one, requiring careful consideration of the risks and benefits by the business. When determining creditworthiness, businesses evaluate a variety of factors, including borrowing history, repayment reliability, savings, and other investments. In an environment where interest rates might be adjusted to reach equilibrium, the decision boils down to the business's risk tolerance and the potential customer's likelihood to fulfill their financial commitments. It is important for businesses to base credit decisions on objective measures rather than discriminatory factors, to ensure fairness and compliance with regulations.

As per the given information, credit card companies can impose significant fees for late payments, which should also be a consideration in deciding whether to extend credit. Additionally, the economic understanding that an above-equilibrium interest rate leads to fewer borrowers may influence the decision to either extend credit to this borderline customer or adjust terms to maintain competitive interest rates.

Which is an Internet service

A. Antivirus
B. Chat
C. Firewall
D. Router

Answers

Answer:

B. Chat

Explanation:

A. Antivirus is a program that runs on your computer and prevents it from being infected by stuff encountered on the Internet.

B. Chat is a messaging service that uses the Internet to work.  It's not a classical Internet service like the Web or email, but that's the closest thing in your answer choices.

C. A Firewall is another form of protection from the Internet, it blocks certain communications, but a firewall is not a service and it's not Internet-based.

D. Router is a machine that directs traffic between computers, not a service.

B is the correct answer.

What are factors of production?
A.
all the human efforts involved in the production process
B.
all the resources used to produce any goods and services
c.
all the physical tools and equipment used in the production process
OD.
all the naturally occurring resources found in land, air, and water

Answers

That would be the answer B.all the resources used to produce any goods and services

Which combination would create medium growth and medium risk?

Answers

Hello,

Stocked based and boned-based mutual funds is the correct answer. Mutual funds are investment strategies that allow you to pool your money together with other investors to purchase a collection of stocks bonds, or other securities that might be difficult to recreate on your own.

How many levels of membership does AAMFT offer? three four five six

Answers

Answer:

four

Explanation:

i really think this is correct. im so sorry if im wrong.

Answer:

Four

Explanation:

They offer four stages.

What is the definition of collective bargaining?

A) ongoing salary negotiations between an employee and a factory owner
B) an agreement among a group of factory owners to raise worker wages
C) a written set of guidelines about legal and illegal workplace conditions
D) labor union and employer negotiations about wages and other issues

Answers

Collective bargaining involves ongoing salary negotiations between an employee and a factory owner.

What is collective bargaining?

Collective bargaining involves employees working together in an organization coming together to agree about some important matters. This could be as salary increment or negotiation between employers and themselves. It includes pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more. For example, a company bids for a large construction project with a prospective customer, and the two parties agree in a contract for a certain type of reimbursement to the company.

Therefore, (A) is the correct answer.

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Collective bargaining is the negotiation process between an employee and a factory owner. So, option A is correct.

The definition of collective bargaining is the process of negotiation between employer's representatives and representatives of the firm's employees' duly authorized unions on behalf of all the workers under that union's jurisdiction. The goal of these negotiations is to reach an agreement with respect to wages, hours of work, and other conditions of employment. This system of negotiation allows labor unions to change the balance of power between employers and workers, by having employers deal with workers collectively, rather than as individuals. Through collective bargaining, a labor union, which operates like a monopoly in the labor market, negotiates with employers over wages and working conditions. This process involves a give and take, as both sides present proposals and work towards a compromise. If an agreement cannot be reached, union members may go on strike, refusing to work until their grievances are addressed.

when supplies are limited , prices tend to

Answers

Answer: When Supplies Are Limited Prices Tend To Increase

Explanation: Is Supplies Are Endless, prices tend to decrease! This is because there is an infinite amount of a good and everyone can get it. There will likely be left over supplies and the demand is not high so prices will go down. 

When Supplies Are Limited, Prices Tend To Increase.

What happens when Supplies Are Limited?

The resources that we value—time, money, labor, tools, land, and raw materials—exist in limited supply. There are simply never enough resources to meet all our needs and desires. This condition is known as scarcity. At any moment in time, there is a finite amount of resources available. Economic goods are limited in quantity. Free goods, on the other hand, have an unlimited supply. Commodity scarcity refers to a limited number of commodities. With this, it can be concluded that the number of economic commodities that exist is still small.

Therefore, increase is the correct answer.

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Which of these factors should consumers research first when they receive a credit card offer with a low introductory

Answers

Go on creditkarma if you have a low score talk to a Bank agent at your selected bank. I also recommend doing some research on google as well.

Answer:

Hi your question lacks the options here is the complete question

Which of these factors should consumers research first when they receive a credit card offer with a low introductory rate? A) the APR after the introductory period expires B) the cash advance features offered by the bank C) the type of card, such as secured, regular, or premium D) the availability of special programs, such as "cash back" programs

the answer is The APR after the introductory period expires ( A )

Explanation:

The APR ( the annual percentage rate ) is an annual rate charged on a borrowing facility or earned on an investment. such borrowing like loans, credit cards, mortgage loans. this is usually charged every year and not monthly. the APR on a credit card should be considered seriously before accepting a credit card with low introductory cost because introductory cost comes as a one time payment but APR comes as a yearly cost and if not checked will be a huge burden to be paid by the card holder.

The cash advance features offered by a bank is not important because it tends to still put the cardholder in more debt when used.

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