oseph is writing a report tracing the three-month development of a new office site. what type of organizational method should he use? convention component time

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Answer 1

Joseph is drafting a report that follows the three months of the creation of a new office site component.

An ingredient is a constituent part. an essential element of the plan. any one of the vector terms used to create a vector sum or resultant, often known as stereo components. an axis or point on a vector. Components are described as being a portion of a whole. The CD player in a stereo system is an illustration of a component. An ingredient in a recipe is an illustration of a component. YourDictionary. Component can also be referred to as a constituent, element, or ingredient. The most important detail—the lowest level of policy—is the main component. It serves as the system's first point of entry. Nothing is dependent on it besides the operating system.

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over the next three years, safelifts inc. will pay annual dividends of $.65, $.70, and $.75 per share, respectively. after that, dividends are projected to increase by 2 percent per year. what is one share of this stock worth today at a required return of 14.5 percent? remember to show all work for each step from setting up formulas to final result and list financial calculator inputs to receive credit.

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The annualized percentage rate of growth that a particular stock's dividend experiences over time is known as the dividend growth rate. Regular dividend increases are a common goal for many established businesses.

The dividend growth rate is an essential input for dividend discount models, which are stock valuation models.

The dividend discount model can only be used if you can figure out the dividend growth rate. A type of security-pricing model is the dividend discount model. The dividend discount model makes the assumption that a stock's price is determined by the estimated future dividends, which are discounted by the excess of internal growth over the company's estimated dividend growth rate.

The dividend discount model considers a stock to be undervalued if the result of the procedure exceeds the current share price. The dividend discount model is used by investors who believe they can determine a stock's intrinsic value by estimating the future value of cash flow.

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You have developed a new computer operating system and are considering whether you should enter the market and compete with microsoft. microsoft has the option of offering their operating system for a high price or a low price. once microsoft selects a price, you will decide whether you want to enter the market or not enter the market. if microsoft charges a high price and you enter, microsoft will earn $30 million and you will earn $10 million. if microsoft charges a high price and you do not enter, microsoft will earn $60 million and you will earn $0. if microsoft charges a low price and you enter, microsoft will earn $20 million and you will lose $5 million. if microsoft charges a low price and you do not enter, microsoft will earn $50 million and you will earn $0.Construct a payoff table and find the Nash equilibrium if you and Microsoft both make your decisions simultaneously.

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Microsoft may earn $30 million or $60 million; however, if it charges a higher price, it may earn million. Should it be $20 or $50 million. To set a high price is the best line of action.

You will enter the market, and Microsoft will charge more for a simultaneous motion game. Game theory looks into how customers make the best decision for themselves in a cutthroat market.

Here is the payoff table:

Enter Don't enter

High 30, 10 60,0

Low 20,-5 50,0

Nash equilibrium is the best outcome for players in a competitive market where nobody has any reason to change their decisions. I could make $10 million or lose $5 million.

Million if I go into the market. If I didn't enter the market, I wouldn't earn any money. The best course of action for me is to enter the market since $5 million is better than nothing.

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An employer can eliminate a worker’s medical, optical, or dental insurance coverage on the voluntary termination of the worker’s employment.
a) true
b) false

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An employer can eliminate a worker’s medical, optical, or dental insurance coverage on the voluntary termination of the worker’s employment. It is true.

An employee decides to leave their position or terminate their agreement voluntarily. In contrast to being fired, laid off, or downsized, a voluntary termination is one in which the employee, not the employer, makes the decision.

An employee who resigns freely from his position. With a termination, the business fires the employee.

Default Reasons for Voluntary Termination

Superior Chance.Change of Career.corporate management.Offer turned down.Education.Fit between employee and work.not coming back from vacation.Insufficient Benefits.

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Dean is a social entrepreneur who recently started a social enterprise business with the dual mission of making a profit and positively impacting people and the planet. Combined, what are these two goals known as?
a. Fiduciary responsibilities
b. Consumerism
c. Business culture
d. Triple bottom line

Answers

When combined, the two goals that Dean is trying to pursue by making a profit and positively impacting people and the planet is the D. Triple bottom line.

What is the Triple bottom line ?

The triple bottom line (TBL) in accounting asserts that businesses should make a commitment to giving social and environmental issues the same amount of attention as they give profitability. According to TBL theory, there should be three bottom lines: profit, people, and the environment.

In the past, companies just cared about their bottom line financially. However, several firms started to understand the link between environmental health, social well-being, and the organization's financial success and resilience as a result of the triple bottom line theory and practice.

Therefore, by trying to ensure that he is positively affecting the planet and the people, as well as still making a profit for the social enterprise business, Dean is engaged in the Triple Bottom Line.

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an asset has had an arithmetic return of 11.1 percent and a geometric return of 9.1 percent over the last 70 years. what return would you estimate for this asset over the next 10 years? 24 years? 31 years? (do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

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The estimated return on assets at 10 years would be 10.84%, at 24 years 10.43% and at 31 years 10.23%

To calculate 't' years

R(t) = t-1/n-1 * geometric return + n-t/n-1 * arithmetic return

where,

R = Return

t = number of years to estimate the return

n = number of observed years

geometric return = 9.1% or 0.091

arthimetic return = 11.1 % 0r 0.111

Here, n shall be held constant as 70 years,

Thus,

R(10)= [(10-1) / (70-1) * 0.091] + [(70-10) / (70-1) * 0.111] = 0.108391304347826 or 10.84%

R(24)= [(24-1) / (70-1) * 0.091] + [(70-24) / (70-1) * 0.111] = 0.104333333333333 or 10.43%

R(31)= [(31-1) / (70-1) * 0.091] + [(70-31) / (70-1) * 0.111] = 0.102304347826087 or 10.23%

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the interest-rate effect is partially explained by the fact that a higher price level reduces money demand. a. true b. false

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The following statement "The interest-rate effect is partially explained by the fact that a higher price level reduces money demand" is false.

The term "interest-rate effect" describes how a shift in the price level affects interest rates, which in turn affects investment expenditure and consumption. When borrowing rates rise in response to a rise in the price level, investment and consumer spending—especially on durable goods—decrease.

People are more inclined to borrow money to finance large purchases like homes or vehicles when the interest rate is lower. When customers pay less interest, they have more money to spend, which can lead to an increase in expenditure across the economy as a whole.

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Location decisions are basically one-time decisions usually made by new organizations.a. Trueb. False

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Location decisions are basically one-time decisions usually made by new organizations. - False.

An agency or company (Commonwealth English; see spelling differences), is an entity—which include a company, an group, or an affiliation—comprising one or extra human beings and having a particular purpose. The word is derived from the Greek word organon, because of this tool or tool, musical tool, and organ. There are a spread of criminal sorts of groups, which includes organizations, governments, non-governmental organizations, political organizations, worldwide organizations, military, charities, no longer-for-income organizations, partnerships, cooperatives, and educational establishments, etc.

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What is club and its types?

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An association of persons who share a common interest or objective is called a club. For example, a service club engages in volunteer or charitable work. Clubs are a particular category of associations.

Reading circle, often known as a book club, or book discussion group

• A marketing tool is the book sales club.

• Night club

An association of persons who share a common interest or objective is called a club. For example, a service club engages in volunteer or charitable work. There are clubs for social activities, political groups, religious clubs, and clubs for hobbies and sports, among others.

Clubs have been documented historically in all ancient states that have been thoroughly studied. There was a need for people with a shared interest to be able to connect even when they had no blood links after people began residing in greater groups. Clubs and organisations of the kind have been around for a long time, as shown by the Ancient Greek clubs and associations (collegia) in Ancient Rome.

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Which choice is an accurate fact about credit reports?

A. You can request one only if you have been turned down for credit
B. You can request one online or over the phone.
C. You can request one no more than once a year.
D. You can request one whenever you want.

Answers

Although Experian is the largest credit bureau in the United States, Equifax and TransUnion are widely regarded as equally significant and accurate. There is, however, a clear winner when it comes to credit scores: 90% of lending decisions are based on the FICO® Score.

Why would you want a credit report, and what exactly is it?

Lenders use the information in your credit reports to assess your level of credit risk, or the likelihood that you will pay your bills on time. Therefore, it is essential to comprehend what a credit report is and what you would anticipate to find on one.

What exactly are credit reports?

Credit Score a report on a person's creditworthiness that includes information about the person's identifying details, credit cards, late payments, bankruptcies, and savings balances.

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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle

2. a payday loan

3. an unsecured installment loan

4. It decreases your monthly expenses, giving you more money to spend on other things.

5. Determine or estimate the current value of everything you own.

6. Their ability to repay a loan

7. your prior record of paying your bills and paying off your debts

8. your age and gender

9. You can request one online or over the phone.

10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.

11. -the lender that provided the incorrect information

-the credit bureau that prepared the report

12. right away

13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.

14. The longer the term, the more you will pay in interest.

15. It will cost you less money overall.

16. A store credit card generally comes with a higher interest rate.

17. You will save money if you pay the balance off quickly.

18. -Clarifying the confusing language found on credit card applications.

-Forcing lending companies to disclose interest rates and hidden fees.

19. It banned credit card companies from raising interest rates after missed payments.

20. -a fixed annual charge for the use of a credit card

-a charge if the minimum payment is not paid by the due date

21. paying off the balance before interest can accrue

22. $30

23. Determine which card has the higher interest rate and pay the extra money to that card first.

Explanation: All these answers are correct!

If a transaction has been improperly journalized and posted to the ledger, the incorrect journal entry should be corrected with this type of additional journal entry.
a. True
b. False

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incorrect journal entry should be corrected with this type of additional journal entry called as correcting entry. This statement is true.

A journal entry may be sufficient to fix an accounting mistake. A "correcting entry" is a type of journal entry. Correcting entries change the retained profits of an accounting period, which is your profit less costs. The accrual accounting system, which employs double-entry bookkeeping, includes correcting entries.

This implies that the corrective entry will include a debit as well as a credit. Checking your trial balance and/or doing reconciliations, such as comparing your accounting records to your bank statement, will help you identify many accounting problems.

Accounting mistakes are inconsistencies in a company's financial records. They are mostly unintended (intentional errors can lead to criminal investigation).

Errors might be little inaccuracies that have no impact on the total results, or they can snowball into larger miscalculations that need more time and money to uncover and correct.  Accounting errors may stymie your small business's growth, so it's critical to understand the most prevalent forms of accounting errors and how to remedy them.

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suppose that beta was financed by a combination of common stock and $1 million of debt. the interest rate on the debt was 10%, and the corporate tax rate in 2018 was 21%. how much profit was available for common stockholders after payment of interest and corporate taxes?

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Profit for common stockholders after payment of interest and corporate taxes is $5,45,100

Gross profit = $790,000

Interest = Debt x Rate of interest

Interest = $1,000,000 x 10% = $1,00,000

Tax rate = 21% or 0.21

Profit to common stockholder = (Gross profit - Interest) x (1 - Tax rate)

Profit to common stockholder = ($790,000 - $1,00,000) x (1 - 0.21)

Profit to common stockholder = $6,90,000 x 0.79

Profit to common stockholder = $5,45,100

The profit that remains at the conclusion of an accounting period for a corporation after paying all expenses and dividends to preferred stockholders is known as "earnings available for common stockholders."

This metric, along with a company's earnings per share are important to common stockholders since they indicate their part of the profits. The value of your small business's common stock may rise if it produces significant earnings available to common stockholders.

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New classical economists believe that an increase in deficit financing by the government will: ________a. reduce government spending. b. increase consumption. c. reduce future taxes. d. increase savings.

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New classical economists believe that an increase in deficit financing by the government will increase consumption.

Someone with an economics degree will discover that they're employable in many regions, regardless of the particular enterprise that they will work in. There is robust demand for graduates with expertise of economics during the worldwide exertions marketplace.

Economic Economists take a look at the cash and banking machine and the results of rising interest charges. Public Finance Economists on the whole are involved in analyzing the function of the authorities inside the economy and the effects of tax cuts, finances deficits, and welfare regulations.

There are many diagrams in economics, but there isn't always a large quantity of math. A proviso: the quantity of math within the economics curriculum varies across schools and universities. a few economics departments do no longer require their students to research a lot math or information, but others do.

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hide or show questions question content areaif the dividend amount of preferred stock, $50 par value, is quoted as 8%, then the dividends per share would be $4. true false

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questions question content area — hide or show The dividends per share would be $4 if the $50 par value preferred stock's dividend payment was quoted at 8%. is accurate.

Preferred stock is a share capital component that can have any combination of characteristics that common stock does not, including characteristics of both equity and debt instruments. It is often regarded as a hybrid instrument. Preferred stocks can take precedence over ordinary stock in the payment of dividends and upon liquidation, but they are junior to bonds in terms of claim compared to common stock. The articles of association or articles of incorporation of the issuing firm provide information about the preferred stock's terms .Because preferred dividends do not carry the same assurances as interest payments from bonds, and because preferred-stock holders' claims are not as well-protected as bondholders', their ratings are often lower than those of bonds.

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marginal cost: select one: a. is calculated as change in total cost divided by change in total output. b. is calculated as change in total output divided by change in total cost. c. increases then decreases, as output increases, to reflect marginal product. d. none of these is true.

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Marginal cost a. is calculated as the change in total cost divided by the change in total output.

The increase in manufacturing expenses brought on by the development of extra product units is referred to as a "marginal cost." It is also known as the marginal cost of manufacturing. By estimating the marginal cost, businesses may assess how the volume produced influences the cost and ultimately profits.

Marginal cost is the extra expense spent while producing more units of goods or services, and it is most typically used in manufacturing. It is formed from both variable costs that must still be considered and fixed expenses for things that have already been created. It is calculated by dividing the cost change by the quantity change.

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discrimination creates a multiple choice smaller domestic output but no redistribution. redistribution of a smaller domestic output. redistribution of a larger domestic output. larger domestic output but no redistribution.

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Option d is correct. Discrimination creates larger domestic output but no redistribution.

Individuals' opportunities, well-being, and feeling of agency are all impacted by discrimination. Individuals who are subjected to discrimination on a regular basis may internalize the stigma or prejudice that is held against them, which can lead to poor health, low self-esteem, fear, and stress as well as humiliation.

The unfair or unfavorable treatment of individuals or groups on the basis of traits like race, gender, age, or sexual orientation is known as discrimination. The simple response is yes. But figuring out why it occurs is more difficult.

To make sense of the universe, the human brain spontaneously classifies objects. For example, very young children quickly pick up on the differences between boys and girls. However, we acquire the values we assign to various categories through our parents, friends, and the observations.

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how do businesses use data mining to extract information from large amounts of data, interpret patterns in data

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In order to uncover trends in massive data sets and gain deeper insight into their clients, they employ software. It extracts data from data sets, compares it, and aids in decision-making for the business.

In the long run, this aids in strategy development, revenue growth, efficient marketing, and more.

Business employ data mining as a method to transform unstructured data into information that is useful. Businesses can learn more about their customers to create more successful marketing campaigns, boost sales, and cut expenses by employing software to seek for patterns in massive volumes of data. Effective data collection, warehousing, and computer processing are prerequisites for data mining. Data mining is the process of examining and analyzing huge chunks of data to discover significant patterns and trends. Numerous applications exist for it, including database marketing, credit risk management, fraud detection, spam email screening, and even user sentiment analysis.

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bozeman sold equipment that it uses in its business for $80,000. bozeman bought the equipment two years ago for $75,000 and has claimed $20,000 of depreciation expense. what is the amount and character of bozeman's gain or loss?

Answers

The gain of Bozeman is $20,000 ordinary and $5,000 section 1231 gain

Selling price: $80,000

Original cost: $75,000

Depreciation claimed: $20,000

The current tax basis, which one can arrive at by deducting the amount the property has depreciated from the cost of the initial acquisition, is necessary to calculate section 1231 gains. Then, determine the section 1231 gain by deducting the tax basis from the sale price.

Calculating the gain -

Gain = Selling price - Original cost

= 80,000 - 75,00

= 5,000

The gain on the sale of a depreciable asset that must be declared as ordinary income for tax purposes is known as depreciation recapture. The depreciation of $20,000 is already claimed thus, it will be considered as gain only.

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accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period. based on this information, the adjustment to net income for the period will be reported as:

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If accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period. based on this information, the adjustment to net income for the period will be reported as: a decrease of $4,000 which will be added to net income.

How to find the adjustment to net income?

Using this formula to determine the adjustment to net income

Adjustment to net income = accounts receivable had a debit balance - Beginning debit balance

Where:

Accounts receivable had a debit balance = $10,000

Beginning debt balance = $6,000

Let plug in the formula

Adjustment to net income = $10,000 - $6,000

Adjustment to net income = $4,000


Therefore we can conclude that the adjustment to net income for the period will be reported as a decrease of $4,000 which will be added to net income.

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if labor supply is very elastic, the payroll tax is a. borne mostly by the employer. b. borne entirely by the employer. c. borne mostly by the workers. d. split evenly between the employer and the workers.

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The answer is C. borne mostly by the workers.

When labour supply is very elastic, a change in wages has a large effect on the number of workers willing to work.

This means that employers must pay a higher wage in order to recruit and retain workers.

As a result, the burden of the payroll tax falls mostly on the workers, because the employer must pass on the cost of the tax by reducing the wages paid to workers.

Supply is a metric for how responsively a quantity is provided to changes in a specific commodity's price.

It is a crucial factor in figuring out how changes in a product's market price affect the supply of that product.

It also provides a rough estimate of the potential profit from selling that product at the difference in price.

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g fetzer company declared a $0.55 per share cash dividend. the company has 280,000 shares authorized, 266,000 shares issued, and 11,200 shares in treasury stock. the journal entry to record the dividend declaration is:

Answers

Credit Common Dividends Payable ($104,500) and debit Retained Earnings ($104,500).

Dividends Payable: 190,000 x $0.55, = $104,500. Hence, Credit Common Dividends Payable ($104,500) and debit Retained Earnings ($104,500). A dividend is a payment made by a company to its shareholders in exchange for profits. When a company makes a profit or has extra cash, it has the option of giving shareholders a portion of that sum as a dividend. Any remaining funds are seized and reinvested in the company (called retained earnings). A corporation is typically not allowed to pay a dividend out of its capital; therefore, both the current year's profit and the retained earnings from prior years are eligible for distribution. If a firm has a dividend reinvestment plan, the amount can be paid via the issue of more shares or by share repurchase. Distribution to shareholders may also be made in cash (often a deposit into a bank account). Assets may be distributed in some circumstances.

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if a company charges the highest price supporting the value received by the customer and considers the full price-value equation in making that pricing decision, the company is using which pricing strategy?

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if a company charges the highest price supporting the value received by the customer and considers the full price-value equation in making that pricing decision, the company is using customer oriented pricing strategy.

Among other things, a pricing strategy considers market circumstances, consumer willingness to pay, competition activity, trade margins, and input costs. The intended audience is specified, and rivals are also addressed.

Pricing plays a significant role in determining the value of your product for both you and your consumers. Customers can tell whether an item is worth their time and money by its actual pricing.

Maximizing your company's profitability, whether it be short- or long-term is the primary pricing goal. In addition, you should consider how much you want to outperform the competition, win over new clients, get more clients, and lengthen the customer lifecycle.

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Which process of the enterprise platform interacts with vendors?

Answers

Core Processing process of the enterprise platform interacts with vendors and manages the entire supply chain for a retail client.

true or false: the change in the real exchange rate measures how much or less expensive foreign goods have become to us citizens, accounting for both exchange rate fluctuations and inflation differentials across countries. true false question. true false

Answers

The change in the real exchange rate measures how much or less expensive foreign goods have become to us citizens, accounting for both exchange rate fluctuations and inflation differentials across countries. True

The real exchange rate (RER) between two currencies is the nominal exchange rate (e) multiplied by the ratio P/P* of the prices of the two countries. Therefore, the RER is eP*/P. Consider the case of Germany in relation to the United States.

The nominal exchange rate indicates how much foreign currency can be exchanged for one unit of domestic currency, while the real exchange rate indicates how much domestic goods and services can be exchanged for foreign goods and services.

The real exchange rate indicates how much more or less you can buy abroad (after converting into foreign currency) for a given amount of goods and services that you can buy domestically. In practice, it is the change in the real exchange rate that matters, not the absolute level.

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under the equal pay act, an employer can legitimately pay different wages to male and female employees on the basis of:___.

Answers

Under equal pay law, an employer may legitimately pay different wages to male and female employees based on: hours and risks.

What is salary?

It is an amount or sum of money that a worker receives for his service rendered, this money is particularly received from a company which pays the workers on a specific date.

This is a fixed payment agreed between the boss and the employee, the payment varies in the employees according to the rank or level within the company, hours worked and the risk in which the worker is exposed to.

In the case of some companies, salaries vary for some people depending on the hours worked and the job position, since there are jobs that are risky and require a high salary cost, as well as personnel who work overtime, which requires a high salary. jobs that are risky and require a high salary cost, as well as personnel who work overtime, which requires a high salary.

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What are the functions of interest groups ?

Answers

The functions of interest groups perform 3 simple functions:

advocacy, policy Components, and membership at the two foremost capabilities of hobby groups are illustration and schooling.

Maximum definitions specify that an interest institution suggests any formal association of people or companies that attempt to steer authorities' decision-making and/or the making of public coverage. often, this has an impact on what is exercised with the aid of a lobbyist or a lobbying company.

An interest organization or an advocacy group is a frame that uses diverse types of advocacy so as to persuade public opinion and/or coverage. interest groups may additionally consult with: discovered society. unique hobby group, a group of people sharing professional knowledge. college society.

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once you have set up a budget and handled your ordinary expenses, the first thing to do with any extra money you have is to:

Answers

Once you have set up a budget and handled your ordinary expenses, the first thing to do with any extra money you have is to pay yourself.

What is the  budget ?

A budget is a financial plan that projects future earnings and costs. A budget, expressed simply, forecasts future spending and saving in addition to anticipated income and costs.

Simply said, a budget is a spending plan that accounts for both present and future sources of income and costs. A budget ensures that your spending is under control and that your earnings are on track for the term.

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the collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

Answers

The whole of a person's skills, knowledge, and other intangibles that can be used to create economic value for that person, their employer, nor their community is known as their human capital.

Who or what is the employer?

A person who employs or places to work is known as an employer. An employer might be a company, institution, government body, agency, company, consulting firm, nonprofit organization, private firms, store, or individual.

Does 'employer' refer to 'job'?

The corporation that employs (hired) you and gives (paid) your wage is the employer; you are the employee. So, for instance, if you work at Apple, Apple is the name of your employer. You might even provide the name of the employer who knows you well.

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how does an increase in the price level affect the quantity of real gdp supplied in the long​ run?

Answers

Long-term changes in the price level have no impact on real GDP levels.

How does the amount of real GDP supplied change when prices rise?

The real wage rate declines and employment rises when the price level rises and the money wage rate remains constant. The amount of real GDP that is supplied rises. When the money wage rate remains unchanged and the price level declines, the real wage rate increases and employment declines. The amount of real GDP that is supplied falls. Falling product prices and rising real wage rates result from a decline in the price level. Businesses' profits decline. Companies react by decreasing their output rates, and some companies leave the industry. This results in a reduction in the supply of real GDP.

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human capital refers to multiple choice the accumulated knowledge and skills that allow a person to be productive. machinery that requires extensive human interaction to be productive. the accumulated financial assets of people. all of these things.

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Human capital refers to the accumulated knowledge and skills that allow a person to be productive.

Human capital includes the knowledge, abilities, and health that human beings acquire for the duration of their lives, enabling them to recognize their capability as effective members of society. we are able to end excessive poverty and create extra inclusive societies by way of growing human capital.

Examples of human capital include verbal exchange abilities, education, technical abilities, creativity, experience, problem-solving capabilities, mental health, and personal resilience.

You may separate human capital into 3 types: expertise capital, social capital, and emotional capital.

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in monopolistic competition: a each firm produces an identical product to every other firm in the industry. b firms earn zero economic profits in the long run. c firms earn large economic profits in the long run. d firms are aware of their strategic interdependence. e price leadership is an important factor in how prices are set.

Answers

Each firm produces an identical product to every other firm in the industry. (Option A)

What Is meant by Monopolistic Competition?

When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals.

In what ways does monopolistic competition differ from other forms?

The following list represents the traits of monopolistic competition: numerous businesses are present. Similar yet distinctive items are produced by each business. Firms do not accept prices.

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