The goal of mercantilism was to create a favorable balance trade where the exports were more than the imports.
mercantilism is an economic practice by which governments used their economies to augment state power at the expense of other countries. Mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports and reducing imports. Under mercantilism, colonies were important because they produce raw materials for the mother country. Mercantilism exists to increase a country's wealth through exports.
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Mixed costs per unit decrease as volume increases because of the variable cost component.
a. True
b. False
The given statement, "Mixed costs per unit decrease as volume increases because of the variable cost component." is false because the fixed cost component remains constant regardless of the volume. The correct option is "B".
The fixed cost component of mixed costs remains constant regardless of the volume, so as volume increases, the total mixed cost per unit may decrease due to the spreading of fixed costs over a larger number of units.
However, the variable cost per unit remains the same regardless of the volume, so mixed costs per unit do not decrease as volume increases because of the variable cost component.
The correct option is "B".
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In monopoly and perfect competition, a firm should expand production when:_________
In monopoly and perfect competition, a firm should expand production when marginal revenue equals its marginal cost MR=MC.
In a monopoly, a single firm dominates the market and has the power to control the price of its product. Therefore, the firm's profit-maximizing production level occurs when its marginal revenue equals its marginal cost (MR=MC).
On the other hand, in a perfectly competitive market, there are numerous firms producing identical products and have no power to control the market price.
Therefore, each firm faces a horizontal demand curve, which means that its marginal revenue equals the market price (MR=P). In this case, the profit-maximizing production level occurs when the firm's marginal cost equals the market price (MC=P).
This means that the firm should expand production as long as its marginal cost is less than or equal to the market price. In other words, the firm should produce as much as it can as long as MC<=P, and any production beyond that point would result in losses.
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without this type of question, exploration is never started _____.
Without this type of question, exploration is never started management questions.
Management questions are focused on addressing practical, day-to-day challenges faced by managers and organizations. They are designed to help managers make informed decisions and solve problems related to managing the organization. Management questions are often framed in a way that seeks practical solutions and strategies that can be implemented immediately.
Research questions, on the other hand, are focused on increasing understanding and knowledge of a particular issue or problem. Research questions are designed to generate new insights and theories that can be used to inform future decisions and practices. Research questions are framed in a way that seeks to uncover underlying patterns and relationships, and to build a comprehensive understanding of the issue being studied
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identify some of the ways businesses will adapt to a minimum wage in the long run.
Labor Productivity - Share the fruits of your progress. When setting and adjusting minimum wages, policymakers often refer to labor productivity.
Employees are typically more efficient when employers invest in them by paying them decent wages. Increased salaries can lead to better performance, higher customer satisfaction, higher morale, and lower error and accident rates.
Setting the minimum wage too high is likely to affect a large number of workers, and can have an unexpectedly large impact on average labor costs and the total wages employers need to pay. This could lead to higher prices or lower employment levels.
Firms profit from the wages they pay because payments for resources go into factor markets and that money goes into household income, and that money goes into consumer spending in product markets and goes back to firms.
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according to rob, management action on ethics and social consensus is the major influence on employee ethical decision making. true or false?
Rob asserts that societal consensus and managerial action on ethics have a significant impact on how employees make moral decisions. This statement is false.
Rob Giacalone, a management scholar, argues that management's actions on ethics and corporate social responsibility (CSR) can have a significant impact on employees' ethical decision-making.
Giacalone has suggested that a management's commitment to ethical conduct and social responsibility could create a "social consensus" among employees regarding ethical practices, which can positively impact employee ethical behavior.
However, other factors such as personal values, organizational culture, and peer pressure, can also impact ethical decision-making. Thus, while management's actions on ethics and CSR can influence employee ethical decision-making, it is not the sole determining factor.
Employees' individual values, experiences, and beliefs, as well as the broader organizational culture, can also have significant impacts on ethical decision-making in the workplace.
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all of the following are included in the decision-making metric excepta.the admired observer test.
b.the legality test.
c. the moral mentor test.
d. the publicity test.
e. the transparency test.
The decision-making metric except the admired observer test. The metrics serve as guidelines for time, money, and resources and are also used for team decision-making, assessing the skills and capabilities of each team member, and inspiring the QA team to work as efficiently as possible.
Metrics also assist us in understanding customer expectations and process flaws. The metrics serve as guidelines for time, money, and resources and are also used for team decision-making, assessing the skills and capabilities of each team member, and inspiring the QA team to work as efficiently as possible. Metrics also assist us in understanding customer expectations and process flaws.
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When you classify information as a derivative, what should you do?
Following the right protocols is crucial when categorising information as a derivative so that it is treated correctly and safeguarded in accordance with its level of sensitivity. Information that has been generated or
Information that is generated from another source and typically contains part or all of the information from the original source but has been altered in some manner is referred to as a derivative in the field of information security. Derivatives may be generated for a number of purposes, including to offer summaries or to draw out important details from a longer work. Derivatives, however, may also include confidential or sensitive information that has to be shielded from unauthorised disclosure. Derivatives may therefore need to be categorised and treated in accordance with the degree of sensitivity. Derivatives should be handled and protected properly to assist avoid the compromise of sensitive data, which is crucial for preserving an organization's security
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what drives the production and distribution of goods and services in a free enterprise system?
All factors of the production, including labor, are distributed according to laws of supply and demand, which govern markets in a free enterprise system.
What is a free enterprise system?A free enterprise system is an economic model based on the principles of individual liberty, private property, and profit motive. In this system, individuals are free to own and operate businesses as they see fit, and the market determines the prices of goods and services. Competition between businesses is encouraged, which drives innovation, efficiency, and quality. The government's role is limited to enforcing laws and regulations that protect consumers and prevent fraud. The free enterprise system is based on the idea that individuals have the right to pursue their own interests, and that the resulting economic growth benefits society as a whole. This system is seen as an alternative to command economies, in which the government controls all aspects of the economy.
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The comprehensive employment and training act of 1973 provides ______ for training unemployed workers
The comprehensive employment and training act of 1973 provides financial assistance for training unemployed workers .
On December 28, 1973, President Richard Nixon signed into law the Comprehensive Employment and Training Act, a federal statute in the United States intended to train individuals and provide them jobs in the public sector. The United States' government Comprehensive Employment and Training Act (CETA) of 1973 established a job training programme with the goal of helping the jobless and underemployed pay for training and employment services.
To those who qualified, including low-income people, veterans, and other disadvantaged groups, the programme offered funds for job training, job placement, and employment-related services. The initiative gave summer jobs to low-income high school students as well as employment to long-term jobless individuals with modest incomes.
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what percent of 18-29 year olds are investing in the stock market?
According to a 2021 survey conducted by Bankrate, approximately 40% of 18-29 year olds in the United States are investing in the stock market.
The gathering of buyers and sellers of stocks, which reflect ownership claims on companies, is known as an equity market, stock market, or share market. These stocks may also comprise securities listed on a public stock exchange. From US$2.5 trillion in 1980 to US$93.7 trillion by the end of 2020, the total market value of all publicly listed securities globally increased. An exchange (or bourse) where stockbrokers and traders may trade shares (equity stock), bonds, and other assets is known as a stock exchange. A stock market lists the shares of several big corporations. This increases the stock's liquidity and, as a result, its allure to many investors. Additionally, the exchange could guarantee settlement. Additionally, these and other stocks may be traded "over the counter" (OTC), or by way of a dealer.
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All of the following are reasons why people are willing to take entrepreneurial risk EXCEPT
All of the following are reasons why people are willing to take entrepreneurial risk EXCEPT Fear of failure.
People are willing to take entrepreneurial risk because they see the potential to gain greater rewards than they would in a traditional job. There is a sense of freedom associated with being an entrepreneur that can be gratifying and motivating.
Additionally, many entrepreneurs feel a sense of pride when they make something of their own and can see their vision come to life. Finally, some people are simply driven by the challenge of taking risks and pushing themselves to do something that nobody else has done before.
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Carrols Burger King is a company engaged in the field ______
Carrols Burger King is a company engaged in the fast food industry, primarily serving burgers, fries, and other quick-serve items.
The business was established in 1960 and became public in 2006. Carrols Burger King takes great pride in offering its patrons high-quality food, quick service, and reasonable rates while also giving its staff members options for employment and career progression.
Carrols has two Pollo Tropical restaurants in Florida in addition to Burger King outlets and caters for events. The business is dedicated to sustainability and has undertaken numerous measures to lessen its impact on the environment, such as adopting eco-friendly packaging and implementing energy-efficient techniques in its restaurants. Carrols Burger King is a leader in the fast food sector and a well-known brand among customers thanks to its emphasis on quality, service, and sustainability.
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The pleasure or happiness you receive from purchasing a product has _______. a. utilitarian value
b. perceived value
c. expected value
d. hedonic value
B. hedonic value is the happiness or pleasure you get from buying a product.
How significant is hedonic value?Additionally, Hedonic Value plays a significant role in evaluating e-commerce customer behavior. Hedonic Value is a value that customers associate with pleasures and pleasant experiences. Hedonic Value is more personal and subjective than utilitarian value, and it is more about having fun than making tasks. Greek is the origin of the term "hedonic." The buyer receives "pleasure"—in economic terms, utility—for the quality of a particular good, which is why the price is referred to as "hedonic." Rosen was the first economist to use this kind of method to measure quality of life in cities (1974). According to Khan et al., hedonic goods are associated with enjoyment, excitement, and fun. 2004). Perfumes, flowers, high-end watches, sports cars, and other items fall into this category frequently.
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If Coffee And Creamer Are Complementary Goods, Then An Increase In The Price Of Creamer, Other Things Being Equal, Will Result In A) A Decrease In The Demand For Creamer B) An Increase In The Demand For Sugar C) A Decrease In The Demand For Coffee D) An Increase In The Quantity Demanded Of Creamer
Answer: A decrease in the demand for coffee.
Explanation: Since coffee and creamer are complimentary, if the the price for one increases the demand will go down for both.
How to negotiate with Portfolio Recovery Associates?
Negotiating with Portfolio Recovery Associates (PRA) can be a daunting process, but there are several strategies that can be used to increase your chances of success.
First, it is important to gather as much information as possible about your debt and your rights as a consumer. This can include reviewing your credit report, understanding the statute of limitations on debt collection in your state, and learning about the Fair Debt Collection Practices Act (FDCPA).
Next, consider reaching out to PRA to discuss your debt and explore potential options for repayment. Be prepared to negotiate and make an offer that is reasonable and realistic based on your financial situation. You can also ask PRA to provide a written agreement outlining the terms of any repayment plan.
It is important to remain calm and professional throughout the negotiation process, and to document all communication with PRA. If you feel that PRA is engaging in unfair or abusive practices, you can file a complaint with the Consumer Financial Protection Bureau or seek legal assistance.
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Does Amazon own any subsidiaries?
Answer:
Explanation: What companies has Amazon purchased?
What’s in Amazon’s cart?
Body Labs. Amazon acquired the 3D body model startup in 2017. ...
Zappos. A popular online shoe and clothing shop, Zappos was acquired by Amazon in 2009 for $1.2 billion.
Ring. ...
Whole Foods Market. ...
PillPack. ...
Audible. ...
Avalon Books. ...
IMDb. ...
Box Office Mojo. ...
Goodreads. ...
Twitch.tv
Amazon Robotics
Woot!
More items... On Web
The list includes Netflix, Comcast, the Centers for Disease Control and Prevention, the U.S. Food and Drug Administration, and the U.S. State Department. By acquiring startups, Amazon is able to continue enhancing its Amazon Web Services products.
What are shifts of demand curve?
A demand curve shift refers to fundamental changes in the balance of deliver and demand that modify the quantity demanded on the same rate.
The demand curve is a graphical representation of the relationship between the price of a product or service and the quantity of that product or service that consumers are willing and able to purchase at various price points. The demand curve typically slopes downward, indicating that as the price of a product or service increases, the quantity demanded by consumers decreases, and vice versa.
The shape of the demand curve is influenced by a variety of factors, including consumer preferences, income levels, availability of substitute products, and the overall state of the economy. A shift in any of these factors can cause a movement along the demand curve or a shift in the curve itself.
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A virus is spreading around brookfield. At the moment, 685 people are infected. If the virus is spreading at a rate of 13% each day, how many people in all will have caught the virus in 3 days?.
A virus is spreading around brookfield. 988.38 people in all will have caught the virus in 3 days
Formulate :
by using the formula = 685 × ( 1+ 13 % )³
988.38
What kind of business is Brookfield?
One of the largest alternative asset managers in the world, Brookfield Asset Management employs Brookfield Properties to develop and manage real estate investments.
Is Brookfield Asset Management a trustworthy business?Based on over 343 anonymous employee reviews, Brookfield Asset Management received a score of 3.8 out of 5. Eighty percent of employees have a positive outlook on the company, and seventy percent of them would recommend working at Brookfield Asset Management to a friend.
With over US$725 billion in assets under management in 2022, Brookfield Corporation, a multinational corporation based in Canada, is one of the largest alternative investment management companies in the world. It focuses on investments with direct control in real estate, infrastructure, renewable energy, credit, and private equity.
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medical costs, taxes, and interest are all examples of deductions that are subtracted from adjusted gross income.
true/false
The statement medical costs, taxes, and interest are all examples of deductions that are subtracted from adjusted gross income is false. Your AGI may occasionally be lower and will never exceed your gross total income on your tax return.
An agreement known as medical reimbursement allows employers to cover some of an employee's medical costs. The Income Tax Act permits a tax exemption of up to INR 15,000 for employer-paid medical expenses. Modified Adjusted Gross Income (MAGI) Medi-Cal is the most prevalent type of the programme. Non-MAGI Medical is Medi-Cal that determines eligibility using different criteria, such as property value, household size, and income.
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why do so many people use payday loans despite the potential consequences?
There are several reasons why people may use payday loans despite the potential consequences:
Lack of access to traditional creditFinancial emergenciesWhy use payday loans?Lack of access to traditional credit: Many people who use payday loans do not have access to other forms of credit, such as credit cards, personal loans, or lines of credit. They may have poor credit scores or limited credit histories, which makes it difficult to obtain credit from traditional sources.
Financial emergencies: Payday loans are often used to cover unexpected expenses, such as car repairs, medical bills, or other emergencies. When people are faced with urgent financial needs and do not have access to other sources of credit, payday loans may seem like the only option.
Convenience and speed: Payday loans are easy to obtain and can be processed quickly, often within a few hours. This makes them an attractive option for people who need money quickly and do not want to go through the lengthy application process required for other forms of credit.
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If you buy enough different stocks, you can diversify out all risk in the stock market.
a. True
b. False
False. You can diversify out all market risk if you buy a large enough variety of equities. Due to the numerous businesses that fail every day, the stock market is regarded as one of the riskiest investments.
An investor can control risk and lessen the volatility of an asset's price changes by diversifying their holdings. Although your portfolio may be well-diversified, keep in mind that risk cannot ever be totally avoided. Diversification can lower risk, but it cannot completely remove it.
The danger of holding an excessive amount of a single stock, such as Amazon, or stocks market in general, as comparison to other investments, is decreased through diversification. According to The Motley Fool, investors have to hold at least 25 different equities.
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without this type of question, exploration is never started _____.
Without this type of question, exploration is never started: "What if...?" . "What if...?" is a type of question that is critical for exploration and innovation.
This type of question allows individuals and organizations to consider new ideas, possibilities, and alternatives. It prompts them to think outside of the box and explore new paths that may lead to better outcomes and solutions.
For example, a company might ask "What if we try this new marketing approach?" or "What if we develop a new product line?" These questions encourage the company to consider new and innovative ways of doing things and to take calculated risks that could lead to significant growth and success.
In short, "What if...?" questions are the starting point for exploration and innovation. They open the door to new ideas, possibilities, and alternatives and help individuals and organizations to move beyond the status quo and find new and better ways of doing things.
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what company is sponsoring the halftime show and who is performing
A company is a legal entity formed by a group of individuals to engage in and operate a business enterprise in a commercial or industrial capacity.
What is the meaning of Company?A group of people can get together to form a corporation, which is a legal body used to conduct and manage commercial or industrial business operations. The business lines of an organization rely on its structure, which can be a corporation, a partnership, or even a sole proprietorship.
A company is a legal person or an officially recognized commercial entity that has been registered under the Companies Act. It may be a private or public business, limited by guarantee or having a share capital, limited or unlimited, or a community interest company.
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Who is KitchenAid target market?
KitchenAid's target market includes home cooks, food enthusiasts, and professional chefs. The brand offers a range of high-quality kitchen appliances and tools designed to make cooking and baking easier and more enjoyable.
These products appeal to a wide range of consumers, from those who enjoy experimenting with new recipes to those who need reliable, durable appliances for daily use.
Whether you are a beginner cook or an experienced chef, KitchenAid has products that can help you create delicious meals and desserts.
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The EpiPen is a life-saving device that is used by people with severe allergies. The U.S. manufacturer of the EpiPen raised its price by nearly 25% per year for nearly a decade. For each price increase of 25%, would quantity demanded change by more or less than 25%?
Since the EpiPen is a necessary item for people with severe allergies, the quantity demanded would change by less than 25%.
What effects does an EpiPen have on someone who has severe allergies?A variety of brand names, including EpiPen, are used to identify the device known generically as an epinephrine auto-injector. The medicine acts throughout the body to halt the onset of the allergic reaction. Blood vessel constriction causes blood pressure to increase, which also lessens edema.
How Much of a Quantity Is Required?The term "quantity demanded" in economics refers to the total amount of a good or service that customers demand over a predetermined duration of time. The price of an item or service determines whether a market is in equilibrium or not. The amount of a commodity or service that consumers are willing to buy at a particular price and point in time is known as the quantity necessary.
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How long does an initial fraud alert stay on a consumer report
The first fraud warning is valid for one year. This is a good option if you're concerned about fraud and want your loan application reviewed on your behalf.
It also has his one-year fraud warning specifically for eligible active duty military personnel.
An extended fraud warning will last him seven years. This option is intended for consumers who may be victims of identity theft. You will need to request a 7-year fraud warning via email as additional documentation is required including an identity theft report.
Unlike a credit freeze, fraud alerts do not block access to your credit report, so you can still open credit accounts. Fraud alerts notify lenders to take additional steps to verify their identity before approving a loan application. After submitting the fraud alert, you will be asked to provide your phone number. This number will be used by the lender to verify your identity each time a loan application is submitted. Fraud warnings do not affect your credit score.
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Revenue may be recognized when cash is received, before cash is received or after cash is received Select one: True False
True. Revenue can be recognized before cash is received, after cash is received, or when cash is received.
Before cash is received, revenue can be recognized using the accrual method of accounting. Under the accrual method, revenue is recognized when it is earned and when all of the criteria have been met for revenue recognition, regardless of when cash is received. After cash is received, revenue can be recognized using the cash method of accounting, where revenue is only recorded when cash is received. Finally, revenue can also be recognized when cash is received if the customer pays in full at the time of purchase.
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The video clip from Jerry Maguire emphasized three key qualities that people seek out in salespeople to establish a relationship and credibility. They are all of the following EXCEPT?-Being enthusiastic-Being honest-Being accountable-Demonstrating concern for customer welfare
Answer:
Explanation:
Demonstrating concern for customer welfare is one of the three key qualities that people seek out in salespeople, so it is not an exception.
What is four functions in management
Answer:
Planning, Organizing, Directing, and Controlling.
Explanation:
Management is a process of getting things done with the aim of achieving goals efficiently and effectively.
The four functions in management are:
1. PLANNING: Planning can be defined as thinking in advance about what is to be done, when it is to be done, how it is to be done, and by
whom it should be done. It bridges the gap between the present position and the future position.
2. ORGANIZING: Organizing refers to arranging everything in an orderly form and making the most efficient use of the resources.
3. DIRECTING: It refers to instructing, guiding, inspiring, and motivating the employees in the organization so that their efforts result in the achievement of organizational goals.
4. CONTROLLING: It can be defined as the comparison of actual performance with planned performance.
what are the advantages of using adp salary calculator and how to use it?
The main advantages of the ADP's salary calculator is easy to use, update regularly, comprehensive, accurate.
Using ADP's salary calculator is a great way to quickly and accurately determine your salary. This tool can help you understand the pay range for different job positions, as well as what you would be entitled to receive in terms of benefits and other compensation. The advantages of using the ADP salary calculator are:
It is easy to use and provides instant results.It is updated regularly to reflect current market conditions.It provides a comprehensive view of all components of a salary, including benefits.It is reliable and accurate.To use the ADP salary calculator, simply enter the job title and the city/state of the job. You will then be presented with the estimated pay range for that job position, as well as other relevant salary data. From there, you can adjust the data to include benefits and other forms of compensation to get a more accurate figure.
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