Suppose you are a human resource executive, supporting strategy. Executives in your industry are concluding that a certain HR-related law no longer seems relevant in the Internet age. To which government branch would it be most effective to turn for addressing the need for a change in the legal environment?
A.

the executive branch, requesting it not enforce the existing law



B.

the executive branch, requesting a new law in this area



C.

the judicial branch, requesting a new law in this area



D.

the legislative branch, requesting a new law in this area



E.

the legislative branch, requesting it not enforce the existing law

Answer:

C) amount a consumer is willing to pay minus the amount the consumer actually pays.

Explanation:

Consumer surplus is a situation in which a consumer is willing to pay more for a product but he/she actually pays less that is he pays a lesser price compared to what he is willing to pay.

For example, a consumer is willing to pay $5 for a magazine but when he got to the mall, the price of the magazine is $4. The consumer surplus will be price he is willing to pay minus the price he bought it.

Consumer surplus= $5-$4

=$1

Consumer surplus is the difference between between the willing price of a consumer and the actual price paid(lesser than the willing price). It is a benefit to the consumer because they pay less than what is expected at the same value of satisfaction.

Consumer surplus is represented on a supply and demand curve by the area between the equilibrium price and the demand curve.

Answer:

Dr Cash                  $1,568

Dr Sales discount       $32

Cr Accounts receivable      $1,600

Explanation:

The initial posting for the transaction would a debit of $2,500 to accounts receivable and a credit of the same amount to sales revenue account.

However, upon the return of damaged goods, an adjustment to the earlier posting would a credit of $900 to accounts receivable to show that the indebtedness has reduced by $900 and a corresponding debit to sale returns account.

However, the balance of $1600($2,500-$900) in the accounts receivable in broken into cash and discount upon receipt of check payment.

Dr cash (98%*$1600)  $1,568

Dr Sales discount         $32        

Answer:

Explanation:

using the compound formula that is = S=p(1+i)^n

S is the future payment

P is the current investment

I is the rate of return

N is the time period

(a) Annual

S=p(1+i)n

S=39100(1+7%)^5

S=39100*1.402551731

S=54839.77267

(b) Semiannual:

Rate semi annualy = 7%*/2 = 3.5%

N total payments = 5*2 = 10

S=p(1+i)n

S=39100(1+3.5%)^10

S=39100*1.410598761

S=55154.41154

(c) Monthly:

Rate monthly = 7%*/12 = 0.5833%

N total payments in months = 5*12 = 60

S=p(1+i)n

S=39100(1+%)^60

S=39100*1.417597072

S=55428.04551

(d) Daily:

Rate monthly = 7%*/365 = 0.0192%

N total payments in months = 5*365 = 1825

S=p(1+i)n

S=39100(1+0.0192%)^1825

S=39100*55505.87288

S=55505.87288

(e) Continuously

S=p/i

S=39100/0.07

S=558571.4286

Answer: Core competency.

Explanation:

The Core competencies of a business are particular areas of strength a business possess that can only be found in that particular business and that gives the business a competitive advantage. Properly analysing a target market can help a business identify areas their core competencies can help them dominate in that particular target market.

Answer:

economies of scope.

Explanation:

Economies of scope happen when the total cost of producing one unit of product decreases as the total output increases. This happens because even if the variable costs per unit remain the same, the fixed cost per unit decreases as the number of units produced increases.

Answer: First, we must add the options:

a. Eleanor will not be liable, because most people would not know that the painting was by Thomas Gainsborough.

b. Eleanor will not be liable as long as she can prove that Aziz did not know the painting was valuable when he bought it.

c. Eleanor will be liable if Irene can prove that all appraisers would recognize the painting as being valuable.

d. Eleanor will be liable if Irene can prove that the best appraisers would know that the painting was by Thomas Gainsborough

The correct option is C.

Explanation: This result will depend on whether Irene can prove beyond reasonable doubt, that all art appraisers, on seeing the painting would be able to recognize it as priceless or valuable.

If Irene can prove this, then Eleanor will be liable.

Explanation:True.

Explanation:

This error comes from the DynamoDB table resources in your serverless.ylm. In a DynamoDB table definition, the

should only contain attributes that are used as KeySchema for the table and its indexes.

For example, the following table definition will result in the above error because the attribute is not being used in the table or index’s KeySchema.

Answer:

Market power.

Explanation:

Market power is also called monopoly power, and is defined as the ability of a firm to raise prices of its products above normal competitive prices of other fish in the market. Theses forms are able to raise prices without losing their customers. Price control is done by manipulating demand and supply of their products.

Apple has gained market power by convincing consumers that its products are special and more luxurious than others on the market. So they can increase price above the normal market level and still maintain their customer base.

Answer: accidental.

Explanation: under the state workers compensation laws, Lenny would be compensated only if his injury was accidental. The law aims to protects employers from dooming civil claims and enables both casual and full-time employees to claim compensation directly from the Fund for work-related injuries and disability.

Furthermore, state compensation laws are put in place in every state to protect employees against loss of income and for medical payments because of work-related injuries, accidents, illness, or disease.

Answer:

$400,000

Explanation:

Given:

Oliver suit amount against Harbor = $500,000

Oliver's fault = 20%

Port Harbor's fault = 80%

Note: According to the 50% rule Principles, Oliver will recover only Harbor's Fault amount from the total suit amount.

Oliver's Recover amount = Oliver suit amount against Harbor x Port Harbor's fault Percent

= $500,000 x 80%

= $400,000

Answer:

administered

Explanation:

Based on the information provided within the question it can be said that the term that is being mentioned in this scenario is an administered vertical marketing system. This is a co-ordinated system of distribution channel organization that is characterized the movement of products from point of origin to consumer is controlled by a single individual as opposed to contractual ties. Which is the main marketing system that may benefit from agreements among channel members.

Answer:

d. vertical integration

Explanation:

The strategy used by "Imagination Station" above is an example of "vertical integration." This is a type of strategy that allows a company to have control over its production steps.

Since Imagination Station manufactures computers, it wants to control its own supply of processor by trying to purchase Deluxe Technology. Having full control of supplying its own processors would mean an increase in the company's revenue because they have the ultimate power to reduce their cost.

So, this explains the answer.

Answer:

groupthink is correct ✅

The correct option is D. The phenomenon of groupthink describes situations in which group pressures for conformity deter the group from critically appraising unusual, minority, or unpopular views.

Groupthink refers to poor decisions made by a group under duress. A person's efficiency and capacity deteriorate under pressure. Due to the strain of the group, judgmental abilities deteriorate.

Groupthink is a phenomenon that happens when team members collaborate too well and allow their desire to fit in to come in the way of making rational decisions. The consequences of that can sometimes be disastrous.

Groupthink is a type of thinking wherein individuals within small, cohesive groups have a tendency to accept an idea or judgment that they perceive to be shared by the group as a whole, regardless of whether they feel it to be true, accurate, or preferable.

Groupthink is primarily caused by a number of factors. These include the stress associated with making decisions, general group isolation, group leadership, and group cohesion. Due to the interpersonal drive to fit in, a close group with high degrees of cohesion has less verbal conflict.

Thus, The right answer is D. Group pressures for conformity prevent individuals from objectively evaluating uncommon, minority, or unpopular viewpoints, which is a phenomenon known as groupthink.

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Answer:

The statement is false

Explanation:

The economy in 1933 had negative investment, but that doesn't mean that it didn't produce any capital goods during the year.

A negative net investment means that the money invested in new capital goods was less than the depreciation of existing capital goods. Theoretically it can also result form no new capital gains, but in real life that doesn't happen.

The U.S. Supreme Court determine that the federal government did not overstep its bounds under the commerce clause when it enacted the Controlled Substances Act of 1970- Gonzalez v. Raich Case

Explanation:

Gonzales v. Raich was a case in which Raich was permitted  to grow and use Marijuana for medical purposes but the federal agents seized the marijuana plantation and destroyed it.

Raich  then seeked action under  the federal Comprehensive Drug Abuse Prevention and Control Act (CFA). In the decision taken by the U.S Supreme court under the commerce clause of the US Constitution,that the congress has the power to criminalize the use and production of home-grown marijuana even if state law allows its use for medicinal purposes.

Answer:

Market targeting

Explanation:

Market targeting is a process of selecting the target market from the entire market. Target market consists of group/groups of buyers to whom the company wants to satisfy or for whom product is manufactured, price is set, promotion efforts are made, and distribution network is prepared. Market targetting involves breaking a market into segments and then concentrating your marketing efforts on one or a few key segments.

The process referred to in the question includes market segmentation, targeting, differentiation, and positioning. Product differentiation, a key part of this process, involves strategies to make products seem different from competitors. This concept is closely related to the available variety in the market.

The process of a company dividing up the total market, choosing the best segments, and designing profitable strategies to serve those segments involves steps like market segmentation, targeting, differentiation, and positioning. The product differentiation part of this process involves firms taking action to make their products seem different from their competitors. This can be achieved in multiple ways, such as through the physical aspects of the product, location from which it sells the product, intangible facets of the product, and managing perceptions of the product. Differentiated products stand out in these ways.

Moreover, the concept of differentiated products is closely linked to the degree of variety available. A market with more variety in styles, flavors, locations, and characteristics can lead to product differentiation and monopolistic competition, moving the economy away from perfect competition.

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Answer:

B. Evaluate your financial health. Record all expenses for a month to compare income and expenses.

D. Define your financial goals. Pay off credit​ card(s) by the end of this school term.

A. Develop a plan of action. Develop a budget matching income and projected expenses for the remainder of this academic year.

E. Implement the plan. Reduce expenses in problem areas so amounts do not exceed budgeted projections.

C. Review progress on the​ plan, reevaluate the​ plan, and revise the plan or start over with a new one. Based on this​ year, develop a revised budget for next year based on projected income and expenses.

Explanation:

The five basic steps of financial planning are evaluate, define, develop, implement, and review, or EDDIR for short. It basically by knowing your current position and defining how you want to be in the future. Then you must develop a plan and try to implement that plan. After some prudent time, you should go back and review if the plan was successful or not.

Answer:

The correct answer is Specific Performance.

Explanation:

Specific performance is a court order that compels a party to perform a specific act, usually what is stated in a contract. It is an alternative to damages and is classified as a fair remedy generally in the form of injunctive relief regarding confidential information or real property. Although a specific execution can take the form of any kind of forced action, it is generally used to complete a previously established transaction, making it the most effective remedy for protecting the interests of the innocent party to a contract. It is generally the opposite of an injunction, but there are mandatory injunctions that have a similar effect to specific compliance.

Answer:

True

Explanation:

Quality Services is an organization that operates several companies that market food products, restaurant equipment, and paper and plastic products.

Answer:

True

Explanation:

Quality services is a company that is involved in the operation of several companies accross the North East and Yorkshire for over a decade. They run a fleet of over 25 vehicles that brings fresh produce to national chains, restaurants, retailers, government, and educational institutions.

Primarily supply involves fresh fruits, vegetables, cheese, diary, dried goods, and preserves. Prepared fresh produce promotes customer convinience as they will save time and money, instead of waiting for preparation of produce.

It also has a section that counsels restaurant owners, and assists with launch of new restaurants.

Answer:

correct option C. increase production.

Explanation:

given data

producing  = 37 units  

marginal cost MC = $3  

sell MR = $5  

solution

the profit is maximum at MR = MC   ..............1

and here MR = $5 and MC = $3

then production should be increased up to the  MC = MR = $5

so correct option is C. increase production

Answer:

a

Explanation:

because they signed it

Due to the prohibition against assigning rights to obtain personal services, he is unable to implement the agreement with Asa. As a result, choice (D) is the right response.

A contract is an enforceable legal arrangement that establishes, details, and regulates the rights and duties of the parties. The transfer of commodities, services, money, or a promise to transfer any of those at a later time is a common component of contracts.

The damaged party may seek legal remedies like damages or rescission in the event of a contract breach. Agreements must be kept, which is the foundation of contract law, a branch of the law of obligations that deals with contracts.

If a promise is broken, the law offers the damaged party remedies, frequently in the form of monetary compensation or, in rare instances, in the form of explicit fulfillment of the broken promise.

Hence, option (D) is correct.

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Answer:

4) Triple net lease

Explanation:

In a triple net lease (NNN lease), the tenant is responsible for all the expenses related to the leased property including property taxes, maintenance fees, reparations and property insurance. NNN leases are usually commercial leases only.

The landlord's disadvantage with a NNN lease is that the monthly lease payment tends to be lower since the tenant assumes all the costs related to the leased property. On the other hand, a NNN lease generally provides a stable cash flow, so its associated risk is lower.

Answer:

There are usually 3 parties to a check transaction

The Drawer, the Drawee and the Payee.

The Drawee in this instance is Southern Rock Bank

Explanation:

The Bank warehousing the funds/Money is the one a check is drawn against, hence the term 'drawee"

The Account owner or representative who writes a check giving authority to the Bank to release of the Funds in its possession is the "Drawer

And the Beneficiary of the drawn up check becomes the Payee.

The student is asked to provide a demand function p(x) = 60 + 3x showing the price of motel rooms as a function of the number of unoccupied rooms, x. The function is derived from the fact that every $3 rise in the price results in one more vacant room, starting from a base price of $60 with all rooms occupied.

The student's question involves creating a demand function for a motel owner, where the price of rooms and the number of vacant rooms are related. The demand function p(x) would be represented as a mathematical expression that shows how the price p, charged for each room per day, varies with the number of rooms x left unoccupied, from the initial scenario where all rooms are occupied at a price of $60.

We know that for every $3 increase, one more room remains unoccupied. So if x rooms are unoccupied, the price would increase by 3x dollars, leading to a demand function of p(x) = 60 + 3x. This indicates the price for each room given x number of vacant rooms.

Additionally, it's noted that each occupied room costs $16 more per day to maintain. This suggests that for x occupied rooms, the total maintenance cost would increase by 16x dollars, affecting overall profitability.

The demand function is[tex]\( p(x) = 60 - \frac{3}{80}x \).[/tex]

To determine the demand function, we start by establishing the relationship between the price per room, p and the number of rooms occupied, x. We are given that at a price of $60 per day, all 80 rooms are occupied. This gives us our initial point, which is (60, 80).

We are also given that for every $3 increase in the price per room per day, one more room becomes vacant. This tells us that the slope of the demand curve is [tex]\( -\frac{1}{80} \)[/tex]rooms per dollar, because for each $3 increase in price, the number of occupied rooms decreases by 1.

However, since we want the slope in terms of the price change per room, we multiply this slope by 80 to get the slope of the demand curve in terms of price as a function of rooms occupied. Thus, the slope is [tex]\( -80 \times \frac{1}{80} = -1 \).[/tex]

To find the demand function, we use the point-slope form of a linear equation:

[tex]\[ p - p_1 = m(x - x_1) \][/tex]

where [tex]\( (p_1, x_1) \)[/tex] is our initial point (60, 80) and m is the slope, which is [tex]\( -3 \)[/tex] (since for every room vacant, the price increases by $3).

Substituting the values, we get:

[tex]\[ p - 60 = -3(x - 80) \] \[ p = 60 - 3x + 240 \] \[ p = 300 - 3x \][/tex]

However, we need to express p in terms of x as a function, so we divide the entire equation by 80 to get the price per room as a function of the number of rooms occupied:

[tex]\[ \frac{p}{80} = \frac{300}{80} - \frac{3}{80}x \] \[ p(x) = 3.75 - \frac{3}{80}x \][/tex]

But since the price per room at full occupancy is $60, we adjust the constant term to reflect this:

[tex]\[ p(x) = 60 - \frac{3}{80}x \][/tex]

This is the demand function, where  p(x) is the price in dollars charged for each room per day as a function of (x), the number of rooms occupied."

The police power of the states can extend to interstate business.

Explanation:

The 10th amendment to the Constitution in the USA grants States "not reserved to the United States" privileges and responsibilities. This allows States authority to create and enact laws that protect the protection, defense and safety of the people.

The States are interpreted as bound by their terms, and as substantive denials of the right to interfere with the internal activity of the separate States, with the exception, in reality, of any other authority specifically granted or obtained as required and effective means of implementing it.

The Senate had held that any person engaging in interstate commerce liable to "all" employees, including those who has intrastate operations alone, in spite to negligence-related accidents, without clear dependence on the tenth amendment, in the workers ' liability cases. The court ruled that this act has not been unconstitutional.

Based on the company's bring your own device (BOYD) policy for computers, this scenario belong to procurement stage of the hardware lifecycle.

A hardware lifecycle can be defined as a holistic methodology that defines the key steps, phases, or stages for the management of an information technology (IT) hardware such as a computer, router, switch, etc.

Basically, the phases of hardware lifecycle management include the following:

Based on the company's bring your own device (BOYD) policy for computers, this scenario belong to procurement stage of the hardware lifecycle becuase all end users can go out and procure (purchase) whatever computer they want.

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Answer:

$150,000

Explanation:

Amount paid after project completion was =$50,000

The sales revenue for the new company = $550,000

Total deductions =$(250,000+70,000+30,000)=$350,000

Economic profit is the difference between the earned revenue from sell of outputs and cost of all inputs used and any opportunity costs.

In this case, opportunity cost will be the amount received by the web designer after the quit of the project.

Economic profit = $550,000 - $350,000-$50,000 = $150,000

Final answer:

The firm's economic profit is calculated by subtracting both explicit and implicit costs from the total sales revenue. With sales revenues of $550,000 and explicit costs of $350,000, the accounting profit comes to $200,000. After considering the implicit cost of $50,000 for quitting the previous job, the economic profit totals $150,000.

Explanation:

Economic Profit Calculation

To calculate the economic profit for the web designer's new company, we need to consider both explicit and implicit costs. The explicit costs here include compensation for employees ($250,000), capital expenditures ($70,000), and materials ($30,000). The total explicit costs thus amount to $350,000 ($250,000 + $70,000 + $30,000). With a sales revenue of $550,000, this leaves us with an accounting profit of $200,000 ($550,000 - $350,000).

However, to find the economic profit, we must also include the opportunity cost of the web designer quitting a project that would have paid $50,000 upon completion. Therefore, the economic profit is calculated by subtracting this implicit cost from the accounting profit, leading to an economic profit of $150,000 ($200,000 - $50,000).

Answer:

False

Explanation:

On an income statement, each item should be shown as a percentage of total sales (not net sales).

A vertical analysis uses percentages to compare different items one a financial statement using a base account. Total sales is used as the base account on an income statement, and total assets are used as the base account on a balance sheet.

The chief executive nursing officer is modeling: D. strategies for incorporation of evidence-based practice into the infrastructure of the organization.

Explanation:

Evidence-based practice in nursing field helps the clinicians to achieve better problem-solving approach. The nursing staff gets guidance from clinician's expertise, well-designed studies, patient values and preferences.

EBP can help in providing the most effective care for patients. The patients are given best care based on the available evidence. This helps in improving the outcome of patients.

Nursing staffs following the evidence-based practice gets improved patient outcomes.

In the above scenario, the nursing staffs are advised to follow the evidence-based practice to increase the performance of all staffs.

The correct choice is D. The chief executive nursing officer is modeling strategies for incorporating evidence-based practice into the organization by embedding EBP terminology in the institution's vision and mission.

Answer:

The company is expressing its key corporate value with a slogan.

Explanation:

The expression "Ladies and gentlemen taking care of ladies and gentlemen" is a slogan used by Ritz-Carlton to convey it's corporate cultural commitment to take care of both employees and customers.

The slogan is an effective way to communicate that its staff are ladies and gentlemen and are highly respected by the company. This will go a long way to boost staff moral and give them motivation to perform better in a company that values them.