The important for a project manager in a matrix organization to clearly define roles and responsibilities are helping the team have what they need to keep the project going, knowing what the project team needs to accomplish and when, Communicating key projects milestones to stay on the task.
What do you mean by the matrix organization?A matrix organization is a type of workplace where teams have several leaders reporting to them. In a matrix organisation, team members (whether internal or remote) report to both their department head and a project manager.
For instance, a project or task team formed to create a new product might consist of engineers and design experts as well as people with knowledge of marketing, finances, human resources, and production.
Depending on the activities they are required to fulfil, these teams may be temporary or permanent. Each team member may have two managers, the project team leader in addition to their regular functional manager.
Therefore, the important for a project manager in a matrix organization to clearly define roles and responsibilities are helping the team have what they need to keep the project going, knowing what the project team needs to accomplish and when, Communicating key projects milestones to stay on the task.
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digby corp. ended the year carrying $16,595,000 worth of inventory. had they sold their entire inventory at their current prices, how many more dollars of contribution margin would it have brought to digby corp.?
Selling the inventory at the current prices would have brought $16,595,000 in contribution margin to Digby Corp in the year.
The amount an asset is worth is the market value of that asset. The amount an asset cost to acquire or manufacture is the book value of the asset. The balance sheet can report either the book values or the market values of assets, liabilities, and equity.
The inventory is worth $16,595,000. This figure represents the market value of inventory. Therefore, if they had sold their entire inventory at their current prices, the sale would have added $16,595,000 to their contribution margin.
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Which of these describe groups or pairs of projects where you can accept one but not all?
a. Mutually exclusive.
b. Normal.
c. Independent.
d. Contingent.
(Option A) Mutually exclusive projects are those where you can only choose one, while (Option B) contingent projects are those where the acceptance of one depends on the acceptance of another, so you may need to accept all of them or none of them.
Options:
a. Mutually exclusive.d. Contingent.Choosing Between Mutually Exclusive and Contingent ProjectsMutually exclusive projects are those where you can only choose one and not all, as they are mutually exclusive. This means that if you accept one project, you necessarily have to reject the other. Contingent projects, on the other hand, are those projects where the acceptance of one depends on the acceptance of another. This means that if you accept one project, you may need to accept all of them or none of them, depending on the agreement.In other words, if you want to accept one project, you may need to accept all of them.
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lamont works for a company in downtown chicago. the company encourages employees to use public transportation (to save the environment) by providing them with transit passes at a cost of $285 per month.required:if lamont receives one pass (worth $285) each month, how much of this benefit must he include in his gross income each year?if the company provides each employee with $285 per month in parking benefits, how much of the parking benefit must lamont include in his gross income each year?
The amount of this benefit that he would have to include in his income would be given as 60 dollars
if the company provides each employee with $285 per month in parking benefits, the amount of parking benefit must Lamont include in his gross income each year ia 60 dollars
How to solve for the amount in the gross incomeGross income is the total of all incomes, salaries, profits, interest payments, rents, and other kinds of income for families and people before any deductions or taxes. It contrasts with net income, which is the gross income less any applicable taxes and other deductions.
We have 12 months in every given year. The slab rate for the year is 280
Hence we would have 285 - 280 * 12
= 5 * 12
= 60
The benefit must he include in his gross income each year is given as 60 dollars.
2. Similarly the solution would be the same as what we have above because the values are the same.
the parking benefit would be given as 60 dollars as well.
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greenwashing practices have a potential to inflict long-term damage to a brand and the company franchise. greenwashing practices have a potential to inflict long-term damage to a brand and the company franchise. true false
Greenwashing practices have a potential to inflict long-term damage to a brand and the company franchise. its false.
Greenwashing is the practice by which large corporations try to provide the appearance to their clients that their goods are ecologically friendly. They deliver false information by using this approach. Companies intentionally give their customers false information to give the appearance that their items are more ecologically friendly than competing goods. Thus, greenwashing can be defined as the cosmetic alteration of a company's or brand's operations to make them look to customers to be more environmentally friendly than they actually are. Making an unsupported or false claim about an item, service, technology, or business practice's environmental advantages is known as "greenwashing."
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Suppose that two major U.S. insurance corporations negotiate a merger agreement so that a financial crisis is less likely to cause either firm to face bankruptcy.
Because a decrease in capital leads to a lower perceived value of insurers among potential insureds and investors, capital depletion influenced the drop in bankruptcy' share prices.
In conjunction with the overall economic slowdown, the drop in insurance demand. The all-powerful CEO (the duality factor and related Board independence issues), a weak system of management control, a focus on short-term performance goals , a weak code of capital, and opaque disclosures were the key, recurring structural factors. When Bank of America declared bankruptcy in 2008, it shook people's faith in banks so much that a new class of asset emerged that was not backed by any formal bank.
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which of the following lists two things that both increase the money supply? group of answer choices make open market purchases and raise the reserve requirement ratio make open market purchases and lower the reserve requirement ratio make open market sales and raise the reserve requirement ratio make open market sales and lower the reserve requirement ratio
Lowering the discount rate and the reserve requirement ratio are two factors that both enhance the amount of money in circulation or money supply. Thus (B) is correct.
The money supply is the total amount of currency or cash used in a given economy. Non-cash assets like credit and loans are taken into account in a number of assessments of the money supply.
All other things being equal, monetarists assert that increasing the money supply causes inflation.
Depository institutions have more incentive to borrow when the discount rate is lower, which boosts their reserves and lending activities. By raising the discount rate, the Federal Reserve can reduce the amount of money in circulation.
The number of reservable liabilities that commercial banks must keep rather than lend out or invest is known as the reserve requirement ratio. The central bank of the nation, in this case, the Federal Reserve in the United States, sets this criterion. It is often known as the cash reserve ratio.
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generally, retailers with high margins and high levels of customer service place more emphasis on which type of salesperson?
Those who have low customer service standards and low margins frequently place an emphasis on taking orders.
Retailers that focus on the offer of shopping products need their sales reps to both get and take orders.
The role of the salesperson is to take orders in retail lines that sell primarily convenience products.
It is generally true that retailers with high customer service standards and high margins place a greater emphasis on order fulfillment; Those who have low customer service standards and low margins frequently place an emphasis on taking orders.
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whitney is a 25% partner in the wrw partnership. on january 1, wrw distributes $80,000 cash to whitney. wrw has no hot assets or liabilities at the date of the distribution. whitney's basis in wrw is $56,000. what is the amount and character of whitney's gain or loss from the distribution?
An amount of $24,000 is the capital gain of Whitney from the distribution as given in the conditions described above.
A capital gain can be referred to or considered as an appreciation or increase in the amount of original capital invested by an individual. The capital gain of Whitney can be computed using the information provided above, as follows,
Capital Gain = Cash Distributed – Basis
Capital Gain = 80000 – 56000
Capital Gain = 24000
Therefore, the capital gain amounts to $24,000 for the above condition.
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g desai has indicated that a forthcoming contribution will cover the $24,000 deficit. however, the two remaining partners have asked to receive the $52,000 in cash that is currently available. how much of this money should each of the partners receive?
The money received by each of the partners after the partnership liquidation is Barley $29,000, and Carter $23,000 (B).
Partnership liquidation is the process of dissolution of the partnership. The partnership will have to pay off liabilities, sell its assets, and distributing remaining cash and assets to each partners.
Partnership liquidation consits of 4 steps:
Sale of assets (realization)Division of agains or lossesPayment of liabilitiesDistribution to partnersFrom the case, we know that:
Partners Ownership Capital
Barley 50% $44,000
Carter 30% $32,000
Desai 20% $(24,000)
Total Capital $52,000
We assume that the partnership has no assets to realized.
The distribution of money to each partners would be:
Partners Barley Carter Desai Total
Capital $44,000 $32,000 $(24,000) $52,000
Pay-off Liabilities $(15,000) $(9,000) $24,000 $0
Cash distribution $29,000 $23,000 $0 $52,000
Notice that before the expected contribution never happen, Barley and Carter decide to withdraw their shares and have to burden Desai's debt $24,000 when the partnership was formed.
Because Desai has negative amount of capital, the money to payoff the liabilities was taken from Barley and Carter's capital. The liabilities and the remaining cash will be shared based on Barley and Carter's own proportion.
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Complete Question:
A local partnership is liquidating and is currently reporting the following capital balances:
Barley, capital (50% share of all profits and losses) $44,000
Carter, capital (30%) $32,000
Desai, capital (20%) $(24,000)
Desai has indicated that a forthcoming contribution willl cover the $24,000 deficit. However, the two remaining partners have asked to receive the $52,000 in cash that is currently available. How much o this money should each of the partners receive?
a. Barley, $22,000; Carter, $30,000.
b. Barley, $29,000; Carter, $23,000.
c. Barley, $32,000; Carter, $20,000.
d. Barley, $32,500; Carter, $19,500.
person analysis considers all of the following except: a. determining if training is necessary to ensure that employees can perform tasks effectively b. determining who needs training c. determining training methods d. determining if trainees are ready for training
A) Individual examination thinks about the accompanying with the exception of deciding whether preparing is all important to guarantee that representatives can perform errands successfully
An individual analysis aids in identifying employees who require training. Depending on the "pressure point," different people may require training. Additionally, this analysis aids in assessing employees' readiness for training. includes evaluating the characteristics of the individual, as well as input, output, consequences, and feedback.
What is a person analysis primarily used for?Person analysis is a stage of training needs analysis that focuses on determining which employees in an organization ought to receive training and what kind of training they ought to receive. Individuals who do not meet the desired performance standards or objectives are found through a person analysis.
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the real value of marketing research to the organization can best be measured by a. how much it costs. b. improvements in the ability to make decisions. c. its immediate impact on profits. d. the amount of time spent. e. the increase in sales volume or market share.
the real value of marketing research to the organization can best be measured by improvements in the ability to make decisions.
" Marketing research is the methodical and objective hunt for, and analysis of, information applicable to the identification and arrangement of any issue in the field of marketing."
The catchphrases in this description are; methodical , thing and analysis. Marketing research looks to set about its task in a methodical and objective fashion. This means that a detailed and precisely planned exploration plan is created in which each stage of the exploration is determined. Such a exploration plan is conceivably viewed as acceptable on the off chance that it determines the exploration issue in compact and exact terms, the information necessary to address the issue, the strategies to be employed in gathering the information and the logical procedures to be employed to decrypt it.
Maintaining neutrality in marketing research is essential assuming marketing operation is to have acceptable trust in its issues to be prepared to take dangerous choices grounded upon those issues. To this end, as far as conceivable, marketing experimenters use the logical fashion. The characteristics of the logical fashion are that it translates particular impulses, studies and conclusions into unambiguous suggestions( or enterprises). These are tried empirically. At the same time indispensable explanations of the event or marvels of interest are given equal consideration.
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summer tyme, inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $2,181,831. the fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will be worthless. the project is estimated to generate $1,991,029 in annual sales, with costs of $1,675,389. if the tax rate is 0.31 , what is the ocf for this project?
The annual operating cash flows for this project is $443,247.47.
What is operating cash flows?A measure of the amount of money made by a company's regular business operations is called operating cash flow (OCF). Operating cash flow shows if a business can produce enough positive cash flow to support and expand its operations; if not, it may need outside finance for capital growth.
The computation of operating cash flows for the summer tyme, Inc in following manner:
a) Initial fixed asset investment = $2,181,831
b) Estimated useful life of the asset 3-year
c) Salvage value = zero
d) Depreciation for a year by using straight line method = (Cost of Asset - Salvage value) ÷ Useful life
= ($2,181,831 - 0) ÷ 3 years
= $727,277 (non-cash operating expense)
e) Annual operating cash flows = Revenue - Expenditure = Sales - Cost = EBITDA - Depreciation - Amortization
f) EBIT = $1,991,029 - $1,675,389 - $727,277 = -$411,637
g) Tax benefit on loss = 31% × -$411637 = $127,607.47
h) EAT = - $284,029.53 (loss)
I) Cash Profit = - $284,029.53 + $727,277 (Depreciation added back) = $443,247.47
Thus the operating cash flow of the project annual = $443,247.47.
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what is the main reason some companies have set up offshore assembly plants? group of answer choices inexpensive energy nearness to raw materials in search of low wages available marketing opportunities
The main motivating element for companies to move their manufacturing offshore is to shop money. No wonder here. through outsourcing assemblies and other steeply-priced production approaches,
Offshoring permits you to lessen one of the most high-priced parts of your enterprise, the labour expenses. liberating this up will let you reinvest finances into your commercial enterprise and provide you with the opportunity to expand your services and service. essentially operating on your business as opposed to to your commercial enterprise.
Fundamentally, the offshore version helps growth a commercial enterprise's output, and improve its technical understanding, with out undue stress, hassle, or value. At its maximum primary, offshoring is really expanding your commercial enterprise with a brand new crew, with new (or complementary) abilities.
Offshore outsourcing means delegating sure duties to a 3rd birthday party in an foreign places region. There are numerous capacity benefits: value financial savings. by way of combining offshoring and outsourcing, a corporation ought to doubtlessly store extra cash if capable of take gain of lower overseas expenses and much less overhead.
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in the 1990s, why did studios begin joint ventures with multiple studios and/or production companies, showing all of their logos at the start of the film?
Studios shunned risk-taking in favour of surefire box office hits. Action movies dominated by men became the norm. Simple, formulaic parodies of well-known television programmes
What does the term "Studio" mean in business?The primary distinction between studios and other specialty businesses is that studios concentrate on particular services. However, studios outsource out a number of the project's components, such as writing, coding, video, or photography, as opposed to using the complete spectrum of services provided by agencies.
What exactly does a studio apartment mean?A studio apartment typically consists of one space with a private bathroom and is completely self-contained the word studios is from the Latin term studium, which comes from the verb studere, which means to zealously study.
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The statement of cash flows is designed for all of the following purposes except
A.to predict future cash flows.
B.to list all revenues and expenses.
C.to provide information about cash receipts and cash payments during a period.
D.to determine a company's ability to pay dividends and interest.
The statement of cash flows is designed for all of the following purposes except to list all revenues and expenses.
What is meant by cash flows?
In economics, cash flows refers the net amount of cash and cash equivalents being transferred in and out of a company.
Here we need to find the statement of cash flows is designed for all of the following purposes except.
Here in this given question, we will determine which of the following statements is the exception.
By looking into the given options, A.) These activities are reported in the income statement of the company and not in the cash flow.
Therefore, this is not included in the designed purpose of the statement of cash flows.
So, the correct option is (A).
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an agency relationship can arise by ratification, which involves a determination of intent expressed by words or conduct. t or f
An agency relationship can arise by ratification, which involves a determination of intent expressed by words or conduct. [TRUE]
About ratificationAlong with the increasing relations between countries, international cooperation as outlined in various forms of international agreements is also increasing.
An international agreement is an agreement, in a certain form and name, which is regulated in international law which is made in writing and gives rise to rights and obligations in the field of public law. One way that can be chosen by the state in expressing its agreement to be bound by international agreements is ratification.
What is ratificationRatification is a form of ratification of an international agreement in which the ratifying country also signs the text of the agreement. Ratification can also be referred to as the approval process for countries to be bound by international agreements, both at the national and international levels. International law experts, Oppenheim said, the function of ratification is to make the agreement binding. Meanwhile, Kaczorowska views ratification as a formal action by the state to accept the substance of an international agreement and implement it.
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How do you serve food and beverages to customers?
Always serve from the right side of the guest, remove the food cover with your right hand and place it in front of them. It is the best way to serve food and beverages.
A drink or beverage is a liquid that is meant to be consumed by people. In addition to serving the simple purpose of quenching thirst, beverages are significant parts of human civilization. Drinks that are frequently consumed include simple water, milk, juice, smoothies, and soft drinks. Coffee, tea, and hot chocolate are among the traditional warm drinks. Caffeinated beverages with caffeine, a stimulant, have a long history.
Additionally, alcohol-containing beverages like wine, beer, and liquor have been a part of human society for more than 8,000 years. These beverages include the drug ethanol. Drinks that would often include alcohol, such beer, wine, and cocktails, are frequently referred to as non-alcoholic drinks because they have a suitably low percentage of alcohol in them.
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which of the following best describes the crowding-out effect? group of answer choices an increase in government expenditures will cause taxes to rise, which will reduce both aggregate demand and output. an increase in borrowing by the government will push interest rates upward, which will lead to a reduction in private spending. an increase in borrowing by the government will decrease the money supply and, thereby, reduce aggregate demand. an increase in government expenditures will cause the general level of prices to fall and, thereby, reduce aggregate demand and output.
An increase in borrowing by the government will push interest rates upward, which will lead to a reduction in private spending is the best description for crowding-out effect.
A macroeconomic strategy known as fiscal policy involves using either taxation or government expenditure to alter the level of economic output. A crowding-out effect results from a large budget deficit. A large budget deficit increases public authority borrowing, which reduces the amount of money available to private firms. Due to the lack of available capital, interest rates are high, which reduces the amount of investment made into the economy. As a result, an economic slowdown develops in the economy. This phrase refers to the possibility that higher interest rates could result from government borrowing. In order to encourage people to purchase its bonds, the government may need to raise interest rates if it wants to sell more securities.
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how is inflation impacted by budget deficits in many low and middle income countries that experience price instability?
A large budget deficit is seen to be one of the causes of many developing nations' subpar economic performance.
What is budget deficit ?Spending overflows income, creating a budget deficit. Although people, businesses, and other organisations can have deficits, the phrase "deficit" only refers to governments. A deficit has to be covered. Debt is created if it isn't. Where there is a negative difference between revenue and spending, there is a budget deficit. When spending outweigh revenues, a deficit budget is said to have occurred, and it is a sign of sound financial health. Total Government Expenditures minus Total Government Income equals the Budget Deficit. The entire revenue received by the government consists of corporate taxes, personal taxes, stamp fees, etc. When a country's expenses surpass its income, a budget deficit results.To learn more about Budget defict refer to:
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If one firm operating in an oligopoly raises its price and other firms do not do so?a. the sales of the firm with the higher price will decline slightly.b. the egos of all the top executives will eventually lead to cooperation at that higher price.c. the sales of the firm that increased its price will decline sharply.d. the firm with the increased price will have its higher profits sustained through cooperation.
In an oligopoly, if one firm raises its price and the other firms do not, the higher-priced firm will see a tiny reduction in sales.
What are examples of oligopoly?Oligopolies has been present throughout history in a wide range of sectors, including the production of steel, oil, railroads, tires, grocery store chains, and wireless carriers. Both pharmaceutical or aviation industries also have oligopoly structures.
Why is it called oligopoly?The term "oligopoly" describes an area of the economy where only a few companies are active. No single company has a significant amount of market power in an oligopoly. As both a result, no company may raise prices above what would be the case in a world of perfect competition.
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if the selling price of the good rises, what happens to supply of a product? group of answer choices it increases. it decreases. it does not change, but the quantity supplied increases. uncertain--economic theory has no answer to this question.
if the selling price of the good rises, the supply of a product does not change, but the quantity supplied increases.
Two fundamental economic principles combine to form the law of supply and demand, which explains how changes in the price of a resource, commodity, or product affect its supply and demand.
Supply rises while demand decreases as the price rises. On the other hand, as the cost drops supply tightens while request develops.
Curves can be used to show the levels of supply and demand for various prices. The equilibrium, or market-clearing price, at which demand equals supply, is marked by the intersection of these curves, which also represent the process of price discovery in the market. When demand remains constant, there is an inverse relationship between supply and price of goods and services. Prices typically fall to a lower equilibrium price and a higher equilibrium quantity of goods and services when there is an increase in the supply of those goods and services while there is no change in demand for them. Prices are more likely to rise to a higher equilibrium price and a smaller quantity of goods and services when there is a decrease in the supply of those goods and services while demand remains constant.
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with respect to expanding opportunities for ict environmental contributions, what term is associated with the issues such as leed certified buildings, smart motors, and industrial robots?
With respect to expanding opportunities for ICT environmental contributions, the term Green Growth is associated with the issues such as lead certified buildings, smart motors, and industrial robots.
Any machine that can be programmed by a computer and is capable of automatically performing a series of complex tasks is called a robot. The robot can be controlled by an internal control system or by an external control device. Robots can be made to look like humans, but most of them are mission-powered devices created with a focus on stern utility rather than emotional aesthetics.
Robots can be self-propelled or semi-autonomous and can be anything from a humanoid robot like Honda's new Advanced Mobility Step (ASIMO) or TOSY Table Tennis Robot (TOPIO) ) from TOSY to industrial robots, medical surgical robots, patient assistance robots and canine therapy robot.
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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:________
Under the Equal Pay Act, employers can legally pay different wages to male and female workers based on: primary job responsibilities, seniority or salary system, factors other than gender.
Who fought for the Equal Pay Act of 1963?One of the leading activists in the fight for equal pay was Esther Peterson. In 1944, she became the first-ever lobbyist for the National Labor Relations Board, beginning her journey as a labor activist.
What is the purpose of the Equal Pay Act 1963?Equal pay legislation prohibits sex-based wage differences between men and women who perform work requiring substantially the same skill, training, effort and responsibility in the same workplace and under similar working conditions. All forms of remuneration are covered, including salaries, overtime, bonuses, life insurance, holiday and vacation benefits, cleaning or gas benefits, hotel accommodation, travel and benefits reimbursements.
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my company states integrity as a core commitment on its website. i see fraud occurring often in my division of the company. which archetype describes this company?
The archetype describes this company: A. gap between espoused values and behaviors.
A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.
There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each comes with its very own set of benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-time period sustainable returns, and each word in that phrase is vital.
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you are managing a project and are looking at project performance. at this time, the earned value is $145, planned value is $162 and the actual cost is $138. the project has an approved budget of $200. what is the budget needed to complete the remaining tasks of this project?
$138 is the actual cost (AC). $162 is the projected value (PV). The project's BAC is $200. Assume that both the present cost and the like further will have an impact.
What is the cost of accounting today?A technique of accounting for the use of assets where the cost of using them in production is determined using their current price rather than their historical cost that is the starting price that the assets were bought.
What is the prevailing cost theory?The Cost Principle is defined. Items must be documented as the real cost paid in accordance with the cost principle. Similar recording is made based on the amount paid when a customer purchases goods. In a nutshell, the cost principle states that each transaction's cost is equal.
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the d.j. masson corporation needs to raise $600,000 for 1 year to supply working capital to a new store. masson buys from its suppliers on terms of 3/10, net 80, and it currently pays on the 10th day and takes discounts. however, it could forgo the discounts, pay on the 80th day, and thereby obtain the needed $600,000 in the form of costly trade credit. what is the effective annual interest rate of this trade credit? assume a 365-day year. do not round intermediate calculations. round your answer to two decimal places.
9.66% is the effective annual interest rate of this trade credit.
What Is meant by an Effective Annual Interest Rate?When the benefits of compounding over time are taken into account, the real return on a savings account or any other interest-paying investment is known as the effective annual interest rate. It also displays the actual percentage rate of interest owed on any outstanding debts, including credit card debt and loans.
How do you calculate the effective interest rate?A straightforward formula can be used to determine the effective interest rate: r = (1 + i/n)n - 1. This equation has three parts: the stated interest rate (I), the effective interest rate (R), and the number of compounding periods (N) per year.
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According to the elaboration likelihood model, the two main determinants of a listener’s willingness to engage in elaborating on the message are __________and _________.
a. channel and sender
b. motivation and ability
c. hostility versus neutrality
d. attitude and attractiveness
The motivation and ability of the listener determine their readiness to elaborate on the communication, as determined by the elaboration likelihood model.
What does business elaboration mean?In order to provide a practical solution, elaboration is utilized to specify the specific design and acceptance requirements for a story. An explanation or the inclusion of more info to what you've said: This point requires more explanation.
Which of these 4 elaboration types are they?The teacher will discuss elaboration using the 4 Kinds of Elaboration sheet. Using the Ways to Elaborate page, the teacher will go through the four types—explain, exemplify, describe, and narrate—and expand on each. Using components of what has to be taught and expanding on them is known as an elaboration strategy.
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the old familiar and the beehive are the only two bistros in town. each is trying to decide whether or not it should advertise in the local newspaper. the accompanying payoff table gives their weekly profits under each possible outcome. the beehive does advertise the beehive does not advertise the old familiar does advertise the old familiar earns $x in profits. the beehive earns $y in profits. the old familiar earns $3,500 in profits. the beehive earns $2,250 in profits. the old familiar does not advertise the old familiar earns $2,000 in profits. the beehive earns $4,000 in profits. the old familiar earns $2,500 in profits. the beehive earns $3,500 in profits. a. which combination or combinations of x and y would make a situation in which the old familiar does not advertise and the beehive advertises a nash equilibrium? a nash equilibrium occurs if x
After solving, Nash equilibrium occurs if x = $1200, y = $1500 and x = $1500, y = $2500.
In the given question, the old familiar and the beehive are the only two bistros in town.
The accompanying payoff table:
The Beehive
Old Families Advertise Does not Advertise
Advertise x, y 3500, 2250
Does not Advertise 2000, 4000 2500, 3500
When Beehive chooses Advertise, Old Familiar will choose Does not Advertise when x<2000 when, Old Familiar chooses Does not Advertise, when Beehive will always choose Advertise, as 4000>3500
So, (Does not Advertise, Advertise) is a Nash equilibrium.
Whatever the value of y.
So, answer
x = $1200, y = $1500 and
x = $1500, y = $2500
The right question is given below:
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what are the three basic tasks of promotion? group of answer choices informing, persuading, and convincing persuading, convincing, and reminding informing, convincing, and reminding informing, persuading, and reminding
Informing, reminding, and persuading are the three basic tasks of promotion. Therefore, the option D holds true.
Promotion can be referred to or considered as an activity performed specifically with an intention of marketing of the products, i.e., the goods and services offered for sale by the organization. The purpose of the promotion is to inform the public about existence of their product, and then reminding about the same through advertisement, and lastly, persuading them to purchase the goods and services being offered for sale.
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tax incidence is part 2 a. the . b. the efficiency loss to the economy that results from a tax causing a reduction in the quantity of a good produced. c. the division of the tax burden between .
Tax incidence is E. the division of the tax burden between buyers and sellers in a market.
Tax incidence (or incidence of tax) is a phrase used in economics to describe how the tax burden is distributed across various stakeholders, such as buyers and sellers, producers and consumers.
The relationship between supply and demand price elasticity and tax incidence is also possible. The tax burden is placed on the purchasers when supply is more elastic than demand.
The cost of the tax will be borne by the producers if demand is more elastic than supply. The allocation of the tax liabilities that the buyer and seller are responsible for paying is shown by the tax incidence.
The degree to which each party contributes to meeting the obligation varies depending on the product or service in question's associated price elasticity as well as how the product or service is currently impacted by supply and demand.
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Correct question:
Tax incidence is
A. the efficiency loss to the economy that results from a tax causing a reduction in the quantity of a good produced.
B. the amount by which people with lower incomes pay a lower percentage of their income in tax than do people with higher incomes.
C. the total tax paid divided by total income.
D. the division of the tax burden between federal and state and local governments.
E. the division of the tax burden between buyers and sellers in a market.