The answer is False.
When computing the theoretical minimum number of workstations for a product layout, you should not always round down to the nearest whole number. Rounding down could result in an underestimation of the number of workstations needed, which would lead to inefficiency and bottlenecks in production.
The theoretical minimum number of workstations is determined by the product's flow time, the time it takes for a product to move through the production process, and the cycle time, or the time it takes for a workstation to complete one unit of the product. The number of workstations is determined by dividing the flow time by the cycle time.
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Boopsie Agin, the company's bookkeeper, recorded the purchase of merchandise on account with a debt to cost of goods sold and a credit to cash. As a result, ____.
A. debit to Accounts Payable for the original cost
credit to Cash for the amount paid
credit to Inventory for the discount amount
B.
Liabilities are understated
Stockholders' equity is understated
Assets are understated
C. be split between cost of goods sold and ending inventory
D. debit to a liability account
credit to two asset accounts
A liability is a debt that a person or business has, generally in the form of credit.
Through the transmission of profitable benefits like credit, products, or services, arrears are ultimately satisfied. The arrears are particulars that are listed on the balance distance's right side and correspond of debts including loans, accounts outstanding, mortgages, remitted income, bonds, guaranties, and accumulated charges.
While, liability is not a profit but these means are particulars you enjoy or owe plutocrat to; arrears are effects you owe plutocrat to or have espoused. In account, an understatement occurs when arrears are devaluated to lower than their true cost or when firm means are valued below their fair request worth. Either option leads to an incorrect assessment of a company's fiscal situation.
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Suppose you want your audience to see how income per GDP for a set of countries has changed over thepast 50 years so you do a line graph.
The average yearly growth rate of the global Gross domestic product (GDP) per capita from 1965 to 2013 was around 2 percent
What changes have occurred in the world economy during the past 50 years?The average yearly growth rate of the global Gross domestic product (GDP) per capita from 1965 to 2013 was around 2 percent, and in more than half of the previous 50 years, the globe expanded more quickly than this average. As a result, despite a significant increase in population between 1965 and 2013, the global per capita GDP more than doubled (see Chart 5).Between 1948 and 2022, the GDP Annual Growth Rate in the United States averaged 3.14 percent, with record highs of 13.40 percent in the fourth quarter of 1950 and -8.40 percent in the second quarter of 2020.To learn more about Gross domestic product refer to:
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As their business grows, the Franks eventually want to export their products to overseas resellers. However, they think no one (particularly international customers) will view Woofshirt as a legitimate company until it has at least 100 employees. You disagree. Which of the following are correct statements for you to make to the Franks? Check all that apply. More than half of all workers in the United States work for companies with fewer than 100 employees. Exporting is an example of a business best left to large companies. Companies with 500 or more employees employ the vast majority of U.S. workers. Almost 98% of U.S. businesses have fewer than 100 employees
The statements that prove to be the best for making it to the Franks include,
More than half of all workers in the United States work for companies with fewer than 100 employees;Exporting is an example of a business best left to large companiesTherefore, the options A and B hold true.
The workers and employees are a forming part of the labor force of every company. They help in making the regular course of operations possible for the companies. However, there are certain socially accepted standards related to the companies and the number of employees that they have.
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Which of these are tax advantages of a lifetime gift over a transfer after death?
The annual exclusion if the gift is of a present interest
A step-up in basis at the donor's death
The possible removal of potential appreciation from future transfer tax
Gift tax paid is excluded from the gross estate, except for those taxes paid on gifts made within five years before death
From the following, the tax advantages of a lifetime gift over a transfer after death is that, gift tax paid is said to be excluded from the gross estate, except for those taxes which are paid on gifts made within five years before the death.
The primary tax advantage of making a lifetime gift over transferring an asset after death is that the gift tax paid is excluded from the gross estate, with the exception of taxes paid on gifts made within five years before the death.
However, making a lifetime gift can also reduce or even eliminate estate taxes that would have been due on the gift after death. Furthermore, gifting assets during one's lifetime can be beneficial.
Hence, option D is correct.
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stella has undivided interest in a property of 200 acres. there are nine other owners who also have undivided interest in the 200 acres. which of the following must be true?
The true statement must be that Stella has a 1/10th interest in the 200 acres.
Stella must own 1/10th of the undivided interest in the 200 acres, meaning she owns 20 acres. The other nine owners must also own 1/10th of the undivided interest, meaning they each own 20 acres as well. This means that the total acreage of the property is 200 acres, with each owner having an undivided interest in the entire property. Undivided interest is a type of ownership in which multiple people own a single property together. Each owner has an equal right to use the property, but no one has exclusive rights to any part of it. The owners are jointly and severally liable for any debts or obligations related to the property.
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the food and drug administration's ability to force businesses making or selling defective products to recall them is most closely related to consumers' right to choose.
The food and drug administration's ability to force businesses making or selling defective products to recall them is most closely related to consumers' right to choose.
The above Statement is False.
Food and Drug Administration:
The United States Food and Drug Administration (FDA or US FDA) is a federal agency of the Department of Health and Human Services. FDA regulates food safety, tobacco products, caffeine products, dietary supplements, prescription and over-the-counter drugs (pharmaceuticals), vaccines, biopharmaceuticals, blood transfusions, medical devices, electromagnetic radiation devices (ERED), cosmetics, pet food and fodder, veterinary medicine.
The Food and Drug Administration is responsible for protecting public health by ensuring the safety, efficacy, and safety of human and veterinary drugs, biologics, and medical devices. By ensuring the safety of our food supply, cosmetics and radiation emitting products.
FDA is also responsible for regulating the manufacture, marketing and distribution of tobacco products to protect public health and reduce underage smoking. FDA promotes innovation that makes medical products more effective, safer, and more affordable, and provides the public with accurate, science-based information needed to obtain medical products and foods. We have a responsibility to promote public health by improve their health.
FDA also plays a key role in the country's counter-terrorism capabilities. FDA fulfills this responsibility by ensuring the safety of the food supply and by encouraging the development of medical products that address intentional and naturally occurring public health threats.
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True or False: Generally speaking, one of the biggest barriers to mobile commerce is that many consumers find mobile devices too complicated to use for commerce.
Generally speaking, one of the biggest barriers to mobile commerce is that many consumers find mobile devices too complicated to use for commerce. - False
Mobile commerce, also known as m-commerce, refers to the buying and selling of goods and services through mobile devices, such as smartphones and tablets. One of the biggest barriers to mobile commerce was initially considered to be the complexity of mobile devices. However, with the widespread adoption of smartphones and the increasing popularity of mobile apps, many consumers have become more comfortable using their mobile devices for commerce. In fact, many consumers find it more convenient and easier to shop using their mobile devices because of their portability and accessibility. Therefore, it's not accurate to say that many consumers find mobile devices too complicated to use for commerce.
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Which of the following is not a defining feature of an organisation?
The norm of employee conduct that develops from group norms is not a characteristic of a formal organization.
What distinguishes an organization?Relationships between Related Persons:
Creation and recreation that is purposeful and conscious:
Success in Common Objectives:
Work division:
Coordination:
Relationship that is cooperative:
Relationship between Well-Defined Authority and Responsibility:
Behaviors in groups
What are an organization's five characteristics?division of labor and specialized work. The ideas of specialization and job division are at the core of the entire organizational system.
a focus on achieving goals
groupings and people together.
Flexibility and continuity.
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sheila manages a team of editors at a publishing company. to help determine deadlines, she developed a model based on past projects. in the model below, x represents the number of pages which require editing, and y represents the total number of days required to complete the editing.
You might think of editing as correcting grammar and spelling mistakes, but that's just one small part of the process.
Editors plan, coordinate, revise, correct, and format written content for publication—all while working closely with writers to refine their work. Abstract Editing is the process of selecting and preparing written, visual, audible, and film media used to convey information. The editing process can involve correction, condensation, organization, and other modifications performed with an intention of producing correct, consistent, accurate, and complete work.
Organize your footage. “You have to be organized,” says Tiffani Bauer, video producer at Descript. ...
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One month the actual unemployment rate in France was 13.4%. If during that month you took an SRS of 100 Frenchmen and constructed a confidence interval estimate of the unemployment rate, which of the following would have been true?
A. The center of the interval was 13.4.
B. The interval contained 13.4.
C. A 99% confidence interval estimate contained 13.4.
D. The z-score of 13.4 was between ±2.576.
E. None of the above are true statements.www.crackap.com
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One month the actual unemployment rate in France was 13.4%. confidence interval estimate of the unemployment rate, None of the above are true.
Option E is correct.
The estimate sampling distribution is necessary to determine this confidence interval.
What is the estimate of the confidence interval?The mean of your estimate minus the variation in that estimate is called a confidence interval. Within a certain range of confidence, this is the range of values between which you anticipate your estimate to fall.A confidence interval is a range of values that is likely to contain an unknown population parameter and is bounded by the statistic's mean. When drawing a random sample a number of times, the confidence level is the percentage of probability—or certainty—that the confidence interval will contain the true population parameter.The uncertainty of a sample variable is measured by statisticians using confidence intervals. A researcher might, for instance, randomly select various samples from the same population and calculate a confidence interval for each sample to see how it might accurately represent the population variable's value. The datasets that are produced are all unique, with some intervals including the actual population parameter and others not.Learn more about actual unemployment :
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in practice, there are two different ways to calculate the terminal value in a dcf. which of the following terminal multiples would be appropriate when conducting an unlevered dcf?
The phrase "terminal value" can also refer to the exit value when used in buy-side contexts. There are two: the many approach and the perpetual development method.
What is the best way to define value?
the amount of money anything is worth; a just exchange of products, services, or money. 3.: value, usefulness, or importance in relation to anything else.
Values are things that someone values. In other words, values are what a person or an organization considers to be "important." Examples include bravery, integrity, freedom, and invention, among others.
appreciate someone or something. He's learned to cherish her counsel and assistance. They don't seem to place a strong importance on honesty. respect a person or object for what they are I genuinely appreciate him as a buddy. appreciate someone or something.
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katrina and david can both produce pizzas and loaves of bread. in one hour, katrina can produce 10 pizzas or 15 loaves of bread. in one hour, david can produce 8 pizzas or 16 loaves of bread. each person has 6 hours to spend baking. if katrina and david split their time equally between pizza and bread, the total production of pizza will be 54 pizzas, and the total production of bread will be 93 loaves of bread. if katrina and david each produce the good in which she or he has a comparative advantage, the total production of pizza will be 60 pizzas, and the total production of bread will be 96 loaves of bread.
Let's assume that x is the number of hours Katrina and David spend producing pizzas and y is the number of hours they spend producing bread.
We can write the following system of equations based on the given information:
x + y = 6 (hours spent by each person is 6 hours)
10x + 15y = 54 (total production of pizza is 54)
8x + 16y = 96 (total production of bread is 96)
We can use the substitution or elimination method to find the value of x and y.
x = 6 - y
10(6 - y) + 15y = 54
60 - 10y + 15y = 54
60 = 54
y = 3
x = 6 - y = 6 - 3 = 3
So, Katrina spends 3 hours producing pizzas and 3 hours producing bread, and David also spends 3 hours producing pizzas and 3 hours producing bread. Katrina and David spend producing bread.
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Patrick just invested $10,000 in a mutual fund. When he received his investment statement, he discovered only $9,500 was actually invested and the other $500 was deducted for fees. Most likely, he had invested in ______________________________________ mutual fund
Patrick recently put $10,000 into a mutual fund. Only $9,500 was actually invested, and $500 was taken out for expenses, he learned when he received his investment statement. He had probably bought a mutual fund with a front-end load.
What does it mean, exactly, to have a front-loaded fund?The charge is allegedly assessed at the time the mutual fund is purchased and is frequently between 3% and 6% of the investment or, in rare occasions, a fixed fee. When an investor in a mutual fund redeems their investment, they must pay a fee known as a back-end load, also known as a contingent delayed sales penalty.
A one-time commission paid by investors for each share of a fund they buy. It is typically used by the fund to pay broker commissions. The amount available for buying fund shares is reduced after deducting a front-end load from the transaction.
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FILL IN THE BLANK the purpose of ____________is not to assign credit or blame, but to identify the circumstances that led to successful and less successful outcomes to enable learning.
Answer:
After action Review
Explanation:
.
which of the following should not be used as the allocation base in a company that appropriately uses a single plantwide rate? multiple choice sales volume machine-hours material costs direct labor cost
The option A is true. Sales Volume should not be used as the allocation base in a company that appropriately uses a single plantwide rate
Sales volume alludes to the quantity of units your organization sells during a particular revealing period. This period could be a month, a quarter, or a year relying upon what level of deals volume you're looking to dissect. Financial backers regularly take a gander at deals volume to survey the soundness of a developing or contracting organization.
Deals volume is the quantity of units sold inside a revealing period. This figure is checked by financial backers to check whether a business is extending or contracting. Inside a business, deals volume might be observed at the level of the item, product offering, client, auxiliary, or deals locale. This data might be utilized to adjust the ventures designated at any of these areas.
A business may likewise screen its equal the initial investment deals volume, which is the quantity of units it should offer to procure a benefit of nothing. The idea is helpful when deals are contracting, so the board can decide when it ought to carry out cost decreases. This can be a troublesome idea to utilize when there are various items, and particularly when every item has an alternate commitment edge.
The deals volume idea can likewise be applied to administrations. For instance, the business volume of a counseling firm might be viewed as the complete number of hours charged in a month.
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Complete Question -
Which of the following should not be used as the allocation base in a company that appropriately uses a
single plantwide rate?
A. Sales volume.
B. Machine hours.
C. Material costs.
D. Direct labor cost.
E. Direct labor hours.
Select all that apply
Identify the true statements about a message in a communication process. (Check all that apply.)
Multiple select question.
O It can be sent unintentionally by inaction on a specific matter.
O It is what the communicator wishes to communicate to the anticipated receiver.
O It is a technical term used for describing the receiver's thought processes.
O It generally results in a one-way communication.
Out of the statements provided, those that are true about a message in a communication process, include,
It can be sent unintentionally by inaction on a specific matter.It is what the communicator wishes to communicate to the anticipated receiver.Not only that, but it is a technical term used for describing the receiver's thought processes.Therefore, the options A, B and C hold true.
The communication can be ideally taken into consideration as an essential process of social operations. In fact, having effectiveness in communication is done by following a set process, however, the person who acts in a specific way is the one who decides the method of communication.
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the definition of revenues is: revenues (increase/decrease) (liabilities/equity) and are earned from the sale of products and services.
The definition of revenues is: revenues increase equity and are earned from the sale of products and services.
Revenues are the amount of money that a company earns from its business activities, such as the sale of products or services. When a company earns revenues, it increases its equity, which is a measure of the company's net assets or the value of the company's assets minus its liabilities. This is because revenues represent an inflow of economic resources that increase the company's assets, and the company's equity represents the residual interest in the assets of the company.
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Robert was running low on cash and could not buy his Marketing textbook by the first day of class if the bookstore did not accept his credit card. Luckily, the bookstore accepted his VISA card, so the bookstore created _____ utility for Robert.
the bookstore accepted his VISA card, so the bookstore created a payment utility for Robert.
What is VISA?
VISA is an American multinational financial services corporation that facilitates financial transactions between customers and merchants. VISA provides a secure platform for customers to purchase goods and services online or in person with their VISA card or account. It is one of the world's largest payment networks, processing over $9 trillion in transactions each year. VISA offers a variety of products and services, including debit cards, credit cards, prepaid cards, and mobile payments. VISA also offers rewards programs and fraud protection services. With VISA, customers can access their funds almost anywhere in the world, including at millions of ATMs.
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On December 30, 20X5, Haber Co. leased a typical new machine from Gregg Corp. The following data relate to the lease transaction at the inception of the lease:
Lease term 10 years Annual payment at the end of each lease year $100,000 Useful life of machine 12 years Implicit interest rate 10% Present value of annuity due $1 for 10 periods at 10% 6.76 Present value ordinary annuity $1 for 10 periods at 10% 6.15 Fair value of the machine $700,000
The lease has no purchase option, and the possession of the machine reverts to Gregg when the lease terminates. At the inception of the lease, Haber should record a lease liability of:
At the inception of the lease, Haber should record a lease liability of: $615,000.
What is a finance lease?A finance lease, which is also known as a capital lease or sales lease, is a kind of commercial lease in which a finance firm is the actual owner of the asset while the user rents it out for a predetermined length of time. A finance lease is a special kind of lease in which the lessee not only has operational control over the asset but also a portion of the financial risks and rewards associated with changes in the value of the underlying asset. During the term of the lease, the finance company is typically the legal owner of the asset.A lease finance agreement is a legal arrangement in which the asset's owner offers the other party the right to use the asset in exchange for a recurring payment, and when the other party is the user of such assets.Since the lease term covers more than 75% of the estimated functional life of the underlying asset and a significant portion of its remaining economic life, the lease is a finance lease.
Since the lease payments are made at the end of the period, the present value factor for an ordinary annuity is used: 6.15 × $100,000 = $615,000
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the circular flow model is only capable of describing how the labor market and the market for goods and services work in the economy.
Only the labor market and the market for commodities and services can be adequately described by the circular flow model. This statement is false.
The model consists of two main parts: the household sector and the business sector. The household sector includes all the individuals and families that make up the economy, and the business sector includes all the firms and companies that produce goods and services.
The model shows how money and goods flow from the household sector to the business sector and vice versa. The circular flow model is capable of describing how the labor market, the market for goods and services, and the capital market work in the economy. The labor market is where households provide labor to businesses in exchange for wages and salaries.
The market for goods and services is where businesses sell the goods and services that they produce to households. The capital market is where firms and households can borrow and lend money, either in the form of bonds or stocks.
Complete question:
The circular flow model is only capable of describing how the labor market and the market for goods and services work in the economy. True or false.
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managers are not particularly confident in handling the external forces impacting their business when environment change, complexity and resource scarcity is high.
True. Managers are not particularly confident in handling the external forces impacting their business when environment change, complexity and resource scarcity is high.
Managers are not particularly confident in dealing with external factors that impact their business when the environment is changing, complex and resource constrained which is because (similar to the reason above) there is more uncertainty and managers lose confidence in their decisions.
If the environment has low levels of change and complexity (i.e. technological change, legal, political, competitive, trending, etc.) and low resource scarcity (i.e. resource abundant or abundant), management People become more confident knowing this.
When you can understand, anticipate, and respond to the external factors that affect your business.
Less resource shortages can give managers a lot of confidence because more resources are available for the production process.
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an insurance claims processing company moves paperwork among four process steps. each process step is performed in four separate areas. each area is located on the same side of a corridor with a distance of 41 feet between each area. we'll call this existing arrangement layout 1.
The four phases of the insurance claims processing procedure are moved by a corporation. Layout 2 will be superior since there would be reduced walking distance.
A party promises to reimburse another party in exchange for a fee in the case of a certain loss, damage, or injury as a way of financial loss protection. It is a method of risk management that is primarily employed to protect against the risk of a potential loss. Insurance, often known as insurance coverage or insurance policy, is a contract between the insurer and the insured. The insurance offers financial protection against any damages the insured could incur in specific situations. Automobile insurance, health insurance, vacation insurance, and house insurance are a few examples of general insurance.
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The five major promotional tools (advertising, personal selling, sales promotion, social media, and public relations) are known collectively as the:
a. communication model.
b. advertising campaign.
c. marketing mix.
d. publicity four.
e. promotional mix.
Advertising, personal selling, sales promotion, and public relations are all included under the broad term "promotional mix," which also includes them all. Each of them has a distinct role to play in the marketing world.
What is promotional mix ?The promotional mix is a term used in marketing to describe a combination of promotional factors that marketers have selected to aid a company in achieving its objectives. As a part of the marketing mix, it has been recognized. The problem for marketers is to find the best combination of the many components of the promotional mix because it is thought that there is an ideal approach to allocate funds for each one in order to obtain the best marketing results. The following are often included in the activities that are identified as parts of the promotional mix, however they can vary.Articles in newspapers and magazines, TV and radio broadcasts, charitable donations, speeches, issue advertising, and seminars are a few examples. In addition to being a sort of exposure, word-of-mouth marketing has evolved throughout time from personal recommendations to influencers on social media or bloggers.To Learn more About promotional mix, refer TO:
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The most popular brand of laundry detergent uses eye catching packagin customers. Which of the following is this commonly referred to in marke a) Moderate involvement product b) Low involvement product Oc) Eye catch marketing d) Package marketing
Moderate involvement product is the commonly referred to in the market.
What is product?A product is something that could be offered for sale in order to satisfy customer needs or wants. In marketing, a product is any tangible good, system, or service that is made available to consumers in answer to their needs. The manufacturing industry purchases products, sometimes referred to as merchandise in the retail sector, which are then sold as finished goods. The clearly specified project deliverables known as products are those that contribute to or aid in the project's achievement of its objectives. The idea of a sub-product, which is an unintended but valuable outcome of a production process, is analogous. Hazardous goods, especially those that physically harm users or bystanders, may be susceptible to product liability.
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which statements are true when the federal reserve enters into a repurchase agreement with a u.s. government securities dealer?
The question given is incomplete, the complete question is stated at the end of this answer. Here, the correct response to the complete question would be: statements II and IV are correct.
In a reverse repurchase agreement, the Fed sells government assets to a dealer (for cash) and promises to buy them back later. This withdraws cash from the financial system, causing credit to tighten.
What exactly is a Federal Reserve repurchase agreement?
A repurchase agreement (repo) is a type of short-term financing for government securities dealers. In the instance of a repo, a dealer sells government securities to investors overnight and then buys them back at a slightly higher price the next day.
The complete Question is:
When the Federal Reserve engages in a reverse repurchase arrangement with a U.S. Government securities dealer, which of the following assertions is TRUE?
The Fed purchases US Treasury securities from a dealer
II The Fed sells US Treasury securities to the dealer
III. The Federal Reserve is easing credit conditions in the banking system
IV. The Fed is tightening credit in the banking system.
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you create a new strategy for lawn care services that involves assessing lawn health, applying the correct herbicides and pesticides and other necessary solutions to quickly bring a lawn back to health. what are three things you will need to consider regarding the mass delivery of your service? (choose three) select 3 correct answer(s) question 7 options: setting up your test marketing strategy. training employees with the knowledge to consistently deliver the service. finding a source of materials to support your service. creating an effective demonstration of your service for potential customers. establishing quality control measures and accountability. developing the product website and social media campaign.
Training employees with the knowledge to consistently deliver the service, Finding a source of materials to support your service and Creating an effective demonstration of your service for potential customers.
Employment is a two-person partnership that oversees the supply of paid employment services. One of the parties, the employer, which can be a corporation, a charity, a cooperative, or any other type of organization, pays the other party, the employee, in accordance with the terms of the contract in exchange for executing the task allocated to them.
Employees labor for pay, which can be in the form of hourly wages, piece rates, or yearly earnings, depending on the nature of the job performed, industry circumstances, and the parties' negotiating strength.
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The government controls the economic system and does not allow private ownership of the means of production and distribution in a __________ economy
Choose matching definition
O Cast economic votes
O Communist command
O What has always been produced.
O Mixed/Market Economy
In a Communist command economy, its government controls the economy and prohibits private ownership of production or distribution equipment..
What are the characteristics of a command communist economic system?
A command economy, sometimes known as both a Communist command economy, is one where the central authority determines the volume of output, as well as product distribution and pricing. According to advocates of command economies, government management, rather than private enterprise, can ensure a just distribution of products and services.
A command system, sometimes known as communism, is just an economic system in which the federal government has control of the factors of production, chooses how resources are allocated, and decides what commodities and services are provided.
In a command economy, all economic decisions are made at the federal level. The land and the means of production are either owned by the state or a group. It is independent of the market economy's laws of supply and demand.
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on january 1, year 1, brecon co. installed cabinets to display its merchandise in customers' stores. brecon expects to use these cabinets for five years. brecon's year 1 multistep income statement should include
On January 1st of the first year, Brecon Co. installed cabinets to display its items in clients' locations. Brecon will utilise these cabinets for a period of five years.
What do you mean by display?
In computers, a display is a piece of equipment with a screen that shows an electronically created image made up of pixels lighted in a way that distinguishes text from graphic elements. A display is a device used to show visual data. The main objective of any display technology is to facilitate information sharing. In many applications nowadays, many display kinds are used. 3D displays, non-video displays, and video displays can all be grouped together.
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Which of the following is addressed as part of the real estate in paragraph 2 of the One to Four Family Residential Contract (Resale)?
a. Countertop microwave oven
b. Portable dishwasher
c. Draperies
d. All area rugs
Neither party is obligated to pay for any repairs that the lender requests unless another written agreement is present.
b. Portable dishwasher
A lender is a person, organization (public or private), or financial institution that lends money to a person or company in exchange for repayment of the loan. The return will also include any fees or interest. In addition, payment can be made in a single lump sum or over time.
Creditors now provide funding for a larger range of needs, including mortgages for small enterprises, auto loans, and home loans. The conditions of the mortgage specify how it must be paid back, including how long it must take to pay off and what will happen if you fall behind on payments or default. A group corporation might be a good fit for a lender.
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a. in the diagrams above, draw the production possibilities frontier for each country. instructions: use the tools provided 'ppfa' (for mexico) and 'ppfb' (for nicaragua) and plot only the endpoints such that the first point touches the vertical axis and the last point touches the horizontal axis (2 points for each graph). b. both countries want to consume 3 tons of chicken each year and as many vegetables as they can produce along with the 3 tons of chicken. find this point on each production possibilities frontier. instructions: use the tools provided 'pt 1' to plot the indicated points for each country (1 point for each graph). c. suppose the countries specialize. multiple choice mexico will produce chicken. nicaragua will produce chicken. d. once they specialize, suppose they work out a trade of 3 tons of chicken in exchange for 8 tons of vegetables. find the post-trade consumption point for each country. instructions: use the tools provided 'pt 2' to plot the indicated points for each country (1 point for each graph). e. after trade, mexico can consume 2 more tons of vegetables. after trade, nicaragua can consume 4 more tons of vegetables.
If a nation can manufacture a good at a lower opportunity cost than other nations, that nation is considered to specialist in the production of that good.
When nations manufacture the product, they are experts at manufacturing, they engage in international trade. More consumption will be possible in all nations. The nations will produce at their border of production possibilities at the intersection of the good they specialist in, and they will consume elsewhere. Each nation has the ability to consume at a level outside of its production potential. If a nation can manufacture a good at a lower opportunity cost than other nations, that nation is considered to specialist in the production of that good. Consumption in the context of trade is the act or process of acquiring, disposing of, or exchanging goods and services, as well as the use of goods and services. At its core, economics seeks to explain how and why humans behave in certain ways.
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