Answer: 1-Public goods are those which are free to use and therefore there is no cost involved in usage of such products whereas for private product one has to pay in order to use them. 2-Examples of public goods are air, roads, street lights and so on whereas examples of private goods are cars, cloths, furniture and so on.
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This is the same as productivity, as it is quantity of goods or services produced in a given period, by a firm, industry, or country?
answer: output
Answer: output
Explanation: output is the same as productivity because output means the outcome of all the factor input during the production process which can be raw materials, capital and other cost incurred.
The level and quantity of output produced also determine the performance of the industry.
The productivity and output are closely related concepts, with output being one of the key indicators used to assess productivity levels firm, industry, or country that can increase its output while maintaining or reducing input levels is generally considered to be operating more efficiently and achieving higher productivity.
The statement you provided is indeed related to productivity, but it specifically refers to the concept of "output" in the context of productivity.
Productivity is a fundamental economic concept that measures the efficiency of resource utilization in the production of goods and services.
It quantifies the relationship between inputs (such as labor, capital, and technology) and outputs (the quantity of goods or services produced) over a specific period.
Therefore, the statement accurately characterizes productivity by emphasizing that it is concerned with the "quantity of goods or services produced in a given period, by a firm, industry, or country."
Output, in this context, is a critical component of productivity.
It represents the tangible or intangible results of production, whether it's the number of products manufactured, services rendered, or any other measurable outcome.
The higher the output achieved with the same or fewer inputs, the more productive a firm, industry, or country is considered to be.
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What is the difference between board of survey and board of inquiry
Survey is the collection of data attained by asking individuals questions either in person, on paper, on phone or online, while Inquiry is the act of inquiring, a seeking of factual information or knowledge either for an investigation or an incident.
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Statisticians use research as a systematic method to achieve the aforementioned objectives. There are various types of research and tools available.
A survey is a type of research, or more precisely, a method and tool for collecting data in research.
When an owner of a building or structure fails to respond to a notice that the building or structure is unsafe, Massachusetts General Laws Chapter 143 Section 8 requires the board to respond.
The board will be made up of the city engineer, the fire chief, and one unaffiliated person designated by the Building Inspector.
The board of inquiry is primarily a produced officers' governmental detachment panel. They are in charge of investigating events, reviewing allegations, and investigating questions of duty performance.
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an example to explain the difference between trade‐offs and opportunity costs.
Answer:
The difference between trade off and opportunity cost can be illustrated from an example of not going to school can be taken.
Explanation:
For instance, Whenever a student does not go to school for any reason( Reason A), he misses the school. The sacrifice of going to school for any other reason is called trade off. Trade off is sacrifice one opportunity for another. However, in this instance, missing school is opportunity cost. It is the thing you sacrifice or do not choose. That means is if you miss school to attend your brother's marriage then it is your trade off to enjoy at your brother's marriage at opportunity cost of missing school.The law of demand states that ____________and quantity demanded are _____________ related, ceteris paribus.
Group of answer choices
price; directly
price; inversely
demand;inversely
quantity supplied; directly
supply; directly
Answer:
price; inversely
Explanation:
When all other factors that affecting the demand and the quantity demanded such as the customer likeness, price of other goods, quality of the goods and macroeconomic conditions are unchanged, if the price of a good increases, the quantity demanded will decrease and vice versa.
The law of demand in economics states that price and quantity demanded are inversely related, meaning as price increases, quantity demanded decreases, ceteris paribus.
Explanation:The law of demand is a fundamental concept in economics that states a relationship between the price of a good or service and the quantity demanded of that good or service, assuming all other factors remain the same or ceteris paribus. Specifically, the law of demand states that price and quantity demanded are inversely related.
This means that as the price of a good or service increases, the quantity demanded decreases, and vice versa. For example, if the price of apples increases, consumers tend to buy fewer apples. They may switch to alternatives like bananas or oranges. On the other hand, if the price of apples decreases, more consumers may choose to buy apples, resulting in an increase in the quantity demanded.
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Explain how a price system moves a market toward the quilibrium price
Answer:
By setting the price of goods and services at a level where the suppliers and consumers feel comfortable, the quantity of goods and services supplied will be the same as the quantity of goods demanded.
Explanation:
A price system is a means of arranging economic activities by setting the standard prices of goods and services in that particular economy. In this way the agents of demand and supply can have an estimate of the price of various goods and services. In this way, a supplier who doesn't know the price of a goods or service that he/she plans to sell to a different country or region can use the price system to adjust their selling price effectively. On the same note, the consumers can also acquire goods and services that they have never demanded before by using the price system to determine the standard prices for those goods or services.
Prices are a reflection of the consensus between suppliers and consumers about the value of goods and services. The equilibrium price can be defined as the price where the quantity of goods supplied equals the quantity demanded. By setting the price of goods and services at a level where the suppliers and consumers feel comfortable, the quantity of goods and services supplied will be the same as the quantity of goods demanded.
in the leadershio grid employees preferred which of the following styles?
A. time-management
B. country club management
C. middle of the road management
D.authority compliance management
Answer:
C. middle of the road management
Explanation:
Leadership grid refers to a situation when a leader put too much emphasize on one part of the operation while neglecting the others. In the end, this will reduce the overall's productivity.
Example of leadership Grid:
When managers force the employees to work overly long hours every day because they believe it will bring more profit for the company. But in the end, the employees felt a burn out and many of them eventually quit or become too tired to be fully productive.
To handle leaderships grid, middle of the road management tend to be preferred.
The reason for this is that middle of the road management tend to implement balanced concern between the business and the people who work in it. This management will create a schedule that allow the employees to fulfill the needs in their personal life and career. In the long run, this will create a positive environment in the workplace and improve the productivity as a whole.
When receiving food, you can refuse to accept when if
Answer:
When receiving food, you can refuse to accept when if it has a foul odor
Explanation:
Such foul odor makes such food to be rejected because of the health implication as well as it does not equate to the money paid for such services rendered.
You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of
your balance will remain?
a) 9.7%
b) 23.6%
c) 47.8%
d)90.3%
Answer:
You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of your balance will remain?
The percent balance will remain 90%
Explanation:
$1725.25 - $167.50= $1557.75
percentage left= 1557.75/1725.25 X 100
percentage left= 90.291= 90.30%
Answer:
D
Explanation:
Account balance =1725.25
Amount to be withdrawn =167.50
What would be remaining =1725-167.50 =1557.75
Percentage remaining = 1557.75/1725.25 *100 =90.3
How can the government reduce the wealth gap in a mixed market economy
Answer:
A) The government can control income levels by placing limits on how much citizens can earn
Explanation:
I just took the test
list 4 causes of the haitian revolution
Type the correct answer in the box. Spell all words correctly. Over the last decade, George’s company has been intentionally reducing its business in budget phones. His company is making a conscious effort to only sell smartphones, because these are more profitable than budget phones. Which kind of economic system is George’s company reacting to? George’s company is reacting to the economic system.
George’s company is reacting to the Market economic system.
Explanation:
In a Market Economy system the organizations are run by the people.People determine how the economy runs,how supply are generated and how demands are met. The Market Economy System relies/depends upon the consumption choices of the customer.Supply and demand of the product has a great impact on this economyAnswer:market
Explanation:
The chart shows the costs associated with the purchase of a new home. A 2-column table has 5 rows. The first column is labeled Components with entries principal after down payment, origination fee, closing costs, total principal, and additional taxes. The second column is labeled Cost with entries 240,000 dollars, 1,200 dollars, 4,800 dollars, 246,000 dollars, 4,000 dollars. What is the best conclusion that can be drawn from the information in the chart? It is too expensive for most people to buy a new home. There are additional fees and costs involved in taking out a mortgage. Making a down payment means taxes do not have to be paid. Fees and taxes make up about 50 percent of the costs of buying a home.
Answer:
THere are additional fees and cost involved in taking out a mortgage
Explanation:
the chart gives no information about people's salary or savings etc. so we can't say if it expensive for them or not.
Even after making downpayment some taxes have to be paid as is shown in the chart
Fees and taxes are much less than half the cost of house so they can't make up 50% of the costs.
A market economy is based on _____.
Answer:
A market economy is based on capitalism.
Explanation:
I chose personal choice.
(Ironic, right?)
If an investment is considered “volatile”, it means
Answer:
The dictionary meaning of the term volatile is changeable and dynamic.
In the market, if an investment is volatile, then the market price of such an investment is at the risk of changing rapidly due to the impact from macroeconomic and market conditions and influences.
For an example, a fixed deposit is less volatile than stocks in a share market. Shares are more volatile than government bonds.
Explanation:
Why is sustainable tourism important
Answer:
It's important because your making a change.
Explanation:
Sustainable tourism is the concept of visiting somewhere as a tourist and trying to make a positive impact on the environment, society, and economy.
Locating dependable suppliers is part of the ————process?
Locating dependable suppliers is part of the procurement process in business. This process involves finding and assessing potential suppliers for business needs, ensuring they are reliable. Dependable suppliers maintain a continuous flow of goods and services essential to business operation.
Explanation:Locating dependable suppliers is part of the procurement process in Business. The procurement process involves identifying potential suppliers who can provide the goods or services a business needs, assessing their reliability, and establishing agreements with them.
Dependable suppliers are crucial in this process because they assure the continuous flow of goods and services, which directly affects the operation of the business, and ultimately its success. For instance, a restaurant needs to have dependable suppliers of ingredients to make sure meals can be consistently prepared and served to customers.
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Final answer:
Locating dependable suppliers is a key part of the procurement process, involving market surveys and evaluations by the management team to ensure a reliable supply chain from materials to retail.
Explanation:
Locating dependable suppliers is part of the procurement process. In this process, the management team should engage in activities such as conducting a market survey, sorting potential suppliers, and thoroughly evaluating them. These evaluations are crucial in assessing the suppliers' capacity to deliver the required goods or services both short-term and long-term.
It is a strategic operation that can influence the organization's supply chain, which includes steps from the extraction of raw materials to the final retailer. It is essential for businesses to identify reliable sources of supply, whether for raw materials or components, as it affects their ability to manufacture products or provide services effectively.
What is one way that business writing is different from argumentative writing? A. Business writing uses a specific structure, while argumentative writing isn’t structured. B. Business writing is objective and impersonal, while argumentative writing expresses personal opinions. C. Business writing uses a polite, authoritative tone, while argumentative writing uses a personal and emotional tone. D. Business writing has a clear purpose in a business, while argumentative writing is only for academic purposes.
The one way that business writing is different from argumentative writing is: Business writing is objective and impersonal, while argumentative writing expresses personal opinions. The correct option is B.
Business writing varies from argumentative writing in that it attempts to be objective, professional, and impersonal. It focuses on communicating information simply and concisely, generally in a formal tone, without revealing personal thoughts or emotions.
Argumentative writing, on the other hand, is distinguished by the presentation of a certain viewpoint or argument, which is often supported by evidence and personal ideas. It may contain emotional appeals and attempts to persuade the reader to take a specific stance on a topic.
Thus, the ideal selection is option B.
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Final answer:
Business writing differs from argumentative writing mainly in tone and purpose. Business writing is more objective and formal, designed for concise communication, while argumentative writing is intended to present and persuade with personal opinions.
Explanation:
Differences Between Business Writing and Argumentative Writing:
One way that business writing is different from argumentative writing is in its tone and style. While argumentative writing may express personal opinions and can often be personal and emotional, business writing is generally more objective, impersonal, and maintains a polite, authoritative tone. This difference primarily stems from their purposes; business writing often aims to convey information concisely and directly, whereas argumentative writing seeks to persuade the reader of a particular viewpoint through reasoning and evidence.
Business writing is focused on clear and direct communication. Typically, it uses a formal style free of contractions and colloquialisms, aiming for clarity and brevity. In contrast, academic or argumentative writing seeks to position arguments within a formal structure, frequently employing a more distant, third-person perspective and using longer sentences to elaborate on complex ideas. Business writing’s purpose can range from selling an idea or product to clear communication with colleagues or clients, while argumentative writing is more about engaging in a scholarly dialogue, aiming to advance knowledge and ideas.
Additionally, there is a distinction in structure and content. Business documents usually have specific forms and standardizations that are expected to be adhered to, ranging from letters to memos, while argumentative writing follows a more traditional essay format with an introduction, body, and conclusion, but its structure can vary depending on the argument and evidence presented.
Nathan is writing a book report and wants to make a bulleted list to organize the themes of his book. Complete the paragraph to explain how Nathan can create a bulleted list.
To create a bulleted list, Nathan should select the list first. Next, he should navigate to the of the Word window. After that, he should go to the command group. Then, he should click the picture that shows .
Answer:
1. ribbon
2. paragraph
3. square with lines
Explanation:
That is the order Nathan would go in to create his bullet points for the book report.
Nathan can create a bulleted list in Word by selecting the text, going to the 'Home' tab, locating the 'Paragraph' command group, and clicking on the 'Bullets' icon.
Explanation:To create a bulleted list, Nathan should first highlight the text that he wants to include in the list. Next, he should go to the top of the Word window and navigate to the 'Home' tab. From there, he needs to go to the 'Paragraph' command group. Finally, he should click the picture that shows small dots or 'bullets'.
The steps would be:
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A person who can afford a monthly payment of
and signed a
mortgage with a monthly payment of was most likely the victim of
predatory lending.
O A. $1000; $1000
O B. $1000; $800
O c. $1000; $900
O D. $1000; $1100
Answer:
A person who can afford a monthly payment of and signed a mortgage with a monthly payment of was most likely the victim of predatory lending.
$1000; $1100
Explanation:
The situation likely involving predatory lending is when a person who can afford a monthly payment of $1000 signs a mortgage with a monthly payment of $1100 (Answer D). This indicates a loan agreement beyond the borrower's means, suggesting potential exploitative lending practices. The correct option is d.
The question relates to identifying a scenario that could potentially involve predatory lending. A person who can afford a monthly payment of $1000 and signs a mortgage with a monthly payment higher than they can afford was likely the victim of predatory lending. The correct answer is:
D. $1000; $1100
By agreeing to a payment that is beyond their financial capability ($1100 when they can only afford $1000), they put themselves at risk of defaulting on the loan, which is a sign that the lender may not have had the borrower's best interests in mind.
Predatory lending practices often involve lending to borrowers who are unable to repay, charging excessively high interest rates or fees, or offering loans with terms that are unfavorable to the borrower. The collapse of many subprime mortgages in the past was connected to such practices, as it led to borrowers being unable to meet their repayment obligations once the
Thad works for a small company as its marketing director. The company is creating a new product to introduce to the market for solar external paint. Thad researches competitors’ products and market trends in the ecopaint market. Then he creates a comparative pricing analysis and conducts focus groups to understand potential customers’ expectations and decide on the name and desired colors. After working with the product manager on adding a few additional color possibilities, Thad begins to create a strategy and message for the marketplace. Which area of the marketing mix should Thad focus on for this product?
Final answer:
Thad should focus on the Promotion aspect of the marketing mix by engaging in advertising, public relations, and direct marketing to capture the interest of the target market for solar external paint.
Explanation:
Thad, as the marketing director working on a new product for solar external paint, should focus on the Promotion aspect of the marketing mix. This involves creating awareness and interest in the product, convincing potential customers of its value, and effectively communicating its benefits. The aim is to pique the curiosity and enthusiasm of potential customers, which is essential in standing out amidst competition and consumer tendencies towards apathy or adherence to tradition. A focused strategy on promotion includes advertising through various channels, public relations, and direct marketing activities that are designed to reach and engage the target market of environmentally conscious homeowners who may benefit from this innovative product.
Considerations for Thad's promotion strategy could involve the use of Geographic Information Systems (GIS) to target specific demographics, development of focused advertising materials for direct mail campaigns, and engagement in digital marketing to optimize cost-effectiveness. Thad's comparative pricing analysis and focus group findings will feed into crafting the right message that resonates with potential customers and positions the eco-friendly paint in a favorable light compared to competitors' offerings.
Final answer:
Thad should concentrate on the 'promotion' element of the marketing mix for the new solar external paint product, which involves advertising strategy and branding based on his market research.
Explanation:
Thad, as the marketing director working on a new product for solar external paint, should focus on what is commonly referred to as the 'promotion' aspect of the marketing mix. This involves developing an advertising strategy, creating messaging for the marketplace, and selecting appropriate channels to reach potential customers. By conducting comparative pricing analysis and focus groups, Thad has already gathered essential market trends and consumer expectations which can inform the promotional efforts. Additionally, Thad's efforts in deciding the product name and available colors contribute to the product's branding and positioning in the market, which are critical elements of the promotional plan.
What is one of the reasons for significant growth in the employee relations field
Good relations with workers are important to every business
Explanation:
Nonetheless, employee relationship problems still prevalent in the workplace which prevent employees from reaching their goals.
Good employee relationships are important for every business as managers and employees exchange positive relationships, workplace engagement, efficiency, and inspiration.
There are four simple ways administrators can help to maintain good relationships with workers:
Open CommunicationShowing RecognitionConstant FeedbackInvest In EmployeesYour résumé should be one-of-a-kind. True False?
Your résumé should be one-of-a-kind is True.
TrueExplanation:
Each resume is a stand out showcasing a correspondence. It ought to be suitable to your circumstance and do precisely what you need it to do. Most continues use the great switch sequential configuration. Your name and contact data go at the top, followed quickly by your business history. Truly it is the substance of your resume that issues more than all else and those tricks sit idle however aim interruptions.
Beginning with your current or most latest position and strolling back through time, this arrangement doubtlessly shows enrollment specialists precisely where you've been including instruction, unique research, introductions you've given and papers or books you've had distributed.
Each year, Vincent buys the poorest performing major stocks on an exchange and holds them for a year. Why could this be a good strategy? Select the best answer from the choices provided.
A. Stocks that perform poorly one year typically perform better the next year.
B. Stocks that perform poorly have falling prices and, hence, high P/E ratios.
C. Stocks that perform poorly may be undervalued and have prices lower than the companies' performances indicate.
D. Stocks that perform poorly tend to pay larger dividends next year.
Answer:
Your answer would be D
Explanation:
hope this helps.
employees expect their managers to practice management by,
A. informal teams
B. focus groups
C. horizontal
D. task force
Answer:
informal teams
Explanation:
that way the job can be a little fun and not to serious.
Typically, high infilation is a sign of...
A.a healthy economy because it results from a fall in production costs.
B.a healthy economy because it results from a rise in consumer interest.
C.a struggling economy because wages cannot keep up with the increase in prices.
D.a struggling economy because it results from a fall in consumer interest.
Answer:
The answer is C.a struggling economy because wages cannot keep up with the increase in prices.
Explanation:
Inflation must be there in an economy. Otherwise the producers and the sellers may lack Ince times for the production.yet only when the inflation is below 5% we consider it as a good level.
But when the inflation rate rises, the most difficult part is to keep up the wage rates in line with it. This is mainly lyrics because when the inflation is high, the purchasing power of the currency falls significantly.
4. How does the fingerprint analysis different on television versus reality? What role does the
examiner play in real life? What problems are there with this?
Answer:
In fiction, detectives usually have a database of fingerprints where they easily find a criminal and reach out to him/her. In reality, a fingerprint can rarely lead to the criminal, as fingerprints are fragile and can lead to a family member instead. Often, they only confuse the investigation.
Also, when they want to compare two fingerprints (the scene of the crime fingerprint and the suspect fingerprint), they cannot just insert the found fingerprint in the base. They have to find that person and then compare.
Answer:
On television, fingerprint analysts easily find criminals through the automated fingerprint analyst. Where in reality, it is difficult to find the criminal when using just an automated system because the criminal may not be a known criminal and the system has to have a specific type of print. More often than not, it is difficult to take a print from the crime scene and adequately use it in the database (this can be caused by elemental factors). The examiner plays the role of finding the correct perpetrator using specific tools and instruction. When using fingerprints, it is better to compare two fingerprints, that of the scene of the crime fingerprint and the suspect fingerprint. This can cause issues when there isn’t a lead in suspects.
Calculate the per-unit contribution margin of a product that has a sale price of $150 if the variable costs per unit are $40.
Answer:
$110
Explanation:
Contribution margin per unit refers to the amount of money per unit to cater for fixed costs and profits.
It is calculated by subtracting variable costs from the selling price.
I.e., contribution margin = sales price per unit - variable cost per unit
in this case
Contribution margin= $150- $40
=$110
From the information available, which of the following
examples are likely to be good opportunities? (Select five
answers.)
Savannah notices that there are no dry cleaning shops
in her area, even though there are many
businesspeople who would use one, so she decides to
ppen her own.
Umiko determines that the startup costs for her ice cream
shop idea will be high, and it isn't likely to be profitable
Lei wants to start a nature tour business because she
loves the outdoors.
Caesar decides to start a Web business with very low startup
costs, so it can become profitable quickly.
Garrett wants to start a lawn care business, but there are
already a lot of popular lawn care companies in his area.
Julian notices that there is a demand for swimming lessons in
community, but he doesn't like to swim.
Onawa knows scarves are currently popular with teenagers at her
school, so when she sees a special type of scarf when she is on
vacation in another country, she buys a lot of them and takes them
back to sell at her school.
Cordell wants to start a face painting business for children's
parties, and he knows many parents in his community who say
they would hire him for their events.
Angie loves exotic birds and wants to start a service for training
them, but there are not many people with exotic birds in her
community
Answer: Ceaser ,Cordell savannah Jullian and Garrett
Explanation:
2. The amount of an original investment is called:
a. Principle
b. Term
c. Interest
d. Rate
Answer:
The answer is A
Explanation:
The original initial investment is called the principle.
Leroy's credit card has an APR of 21%, calculated on the previous monthly
balance, and a minimum payment of 2%, starting the month after the first
purchase. His credit card record for the last 7 months is shown in the table
below.
How much of the initial purchase has Leroy paid off over the 7 months?
A. $310.06
B. $271.30
C. $44.93
D. $38.76
Answer:
271.30
Explanation:
Apex answer. You're welcome guys i don't know what the other guy was on