In this context, the "Pizza" was the product that is used to show the income effect, substitution effect, and diminishing marginal utility.
What is stated by Income effect?The effect gives that Increase in price = Decrease in income = Decrease in quantity demanded
What is stated by Substitution effect?The effect gives that Increase in price = Replace product with cheaper alternative = Decrease in quantity demanded
What is stated by Diminishing marginal utility?The effect gives that Increase in consumption of a good = Decrease in satisfaction = Decrease in quantity demanded
Read more about product effect
brainly.com/question/1319399
#SPJ11
Market owner Lucy buys 12 cans of baby formula off of Mark--Lucy plans to sell them in her market even though she knows (or should have known) Mark got the cans of formula by illegal means. Lucy has committed the crime of:
If Mark got the cans of formula by illegal means. Lucy has committed the crime of: d. Fraud.
What is fraud?Fraud can be the defined as the act of defrauding someone by deceiving them because of the financial gain the defrauder what to gain.
Based on the given scenario the act committed by Lucy is fraudulent act because she knew the can of formula was gotten through illegal means and she went ahead to still buy it from Mark.
Therefore Lucy has committed the crime of:d. Fraud.
Learn more about fraud here:https://brainly.com/question/1260589
#SPJ1
The complete question is:
Market owner Lucy buys 12 cans of baby formula off of Mark--Lucy plans to sell them in her market even though she knows (or should have known) Mark got the cans of formula by illegal means. Lucy has committed the crime of:
a. larceny
b. receiving stolen goods
c. arson
d. fraud
Country M wants its regional trading group of countries to have a common currency and common monetary and fiscal policies. This level of integration is called a(n) ________.
Country M wants its regional trading group of countries to have a common currency and common monetary and fiscal policies. This level of integration is called a(n) Economic Integration.
What Is Economic Integration?
Economic integration is an arrangement among nations that typically includes the reduction or elimination of trade barriers and the coordination of monetary and fiscal policies. Economic integration aims to reduce costs for both consumers and producers and to increase trade between the countries involved in the agreement.
Economic integration is sometimes referred to as regional integration as it often occurs among neighboring nations. Economic integration refers to the agreement between the economies of the world in a given geographic region in order to reduce trade barriers such as removal of trade tariffs, free flow of goods, etc. This facilitates global trade and economic cooperation wherein the countries engage them in encouraging and promoting the trade business of each other.
Learn more about Economic Integration on:
brainly.com/question/12495509
#SPJ4
On November 1, Jovel Company loaned another company $100,000 at a 6% interest rate. The note receivable plus interest will not be collected until March 1 of the following year. The company's annual accounting period ends on December 31. The amount of interest revenue that should be reported in the first year is:
The amount of interest revenue that will be recorded in the books of Jovel Company as on December 31 will be $1,000.
What is interest revenue?The revenue which is generated by a company by the way of earnings made through interest over debts during a financial period is known as an interest revenue.
Using the above information, it can be ascertained that the total interest revenue over a loan of $100,000 will be $6,000, however, it was issued on November 1, and accounts close on December 31, so the interest revenue for 2 months will be computed as under,
[tex]\rm Interest\ Revenue\ for\ 2\ Months= \dfrac{Total\ Interest\ Revenue}{12}\ x\ No.\ of\ Months\\\\\rm Interest\ Revenue\ for\ 2\ Months= \dfrac{6000}{12}\ x\ 2\\\\\rm Interest\ Revenue\ for\ 2\ Months= \$1000[/tex]
Thus, the interest revenue has been computed as above.
Learn more about interest revenue here:
https://brainly.com/question/19165765
#SPJ1
An alcohol server must complete an abc approved rbs training program and pass an abc administered exam within ____ calendar days of employment.
An alcohol server must complete an ABC-approved rbs training program and pass an ABC-administered exam within 60 calendar days of employment.
Who is an Alcoholic Server?This refers to the person that pours the alcoholic drink to people that come to bars to buy.
Hence, we can see that based on government regulations, an alcoholic server is mandated to take an ABC-approved exam within the period of 60 days after he has been employed.
Read more about alcohol servers here:
https://brainly.com/question/11885626
#SPJ1
what is the preferred style of check to provide to employees on payday
We can actually deduce here that the preferred style of check to provide to employees on payday is: direct deposit.
Who is an employee?An employee refers to an individual who is employed or hired by an organisation or a firm to carry out a particular job description and afterwards compensated via wages or salaries.
We can see that many employees prefer that on payday that their employers send their monies via direct deposit.
Learn more about employee on https://brainly.com/question/3700565
#SPJ11
Mark and Julie are going to sell brownies and cookies for their third annual fundraiser bake sale. In one day, Mark can make 40 brownies or 20 cookies, and Julie can make 15 brownies or 15 cookies. Based on this information, ________ has the absolute advantage in making brownies and ________ has the absolute advantage in making cookies.
Based on this information, Mark has the absolute advantage in making brownies and Julie has the absolute advantage in making cookies.
What is absolute advantage?Absolute advantage refers to the notion that a company, country or person has the best ability with respect to the production of a stated service or product.
Thus, it is right to state that given the above information, Mark has the absolute advantage in making brownies and Julie has the absolute advantage in making cookies.
Learn more about absolute advantage at;
https://brainly.com/question/1655791
#SPJ12
A ________ is a collection of tasks, steps, or activities that are performed, usually in a specific order, and result in an end product, such as a good or service. Select one: a. Six Sigma Project b. process c. Six Sigma Methodology d. goal
Answer:
b
Explanation:
A process is a collection of tasks,steps,or activities that are performed
In a _________________________ economy, the individuals and the government share in the economic decision-making process. These groups work togther to ensure economic development.
Answer:
Mixed economy
Explanation:
There are three types of Economies:
Command Economy:
An economy where price and products are controlled by the government. It is very commonly seen in communist countries, like China or Vietnam.
Free market:
An economy where the government has little to no control. However, a perfect free economy doesn't exist anywhere, and is just a concept.
Mixed Economy:
An economy where the market is controlled by both the people/consumers, and the government. America is a mixed economy. Individuals are allowed to own property with little government intervention. However, the government has a lot more control over other sectors of the market.
So, to answer the your question, because the Mixed economy is controlled by the government and the poeple, it is the answer.
After a targeted segment of kids under twelve was chosen by a sugar cookie company, the company had to decide on its marketing mix to that segment. When deciding on a price strategy for its cookies, what questions should the company ask?.
When deciding on a price strategy for its cookies, the questions that should be asked by the company ask is How much is too expensive or too cheap .
What is pricing strategy?A pricing strategy serves as the model that is been utilized by the company to establish the best price when trying to market their product or service.
That is why it is important for the company to ask How much is too expensive or too cheap because this will help them to be able to choose prices so as to be able to maximize profits.
Learn more about price strategy at: https://brainly.com/question/13965928
#SPJ1
When conducting an immediate charge on 2023 ariya, what is the first step if the timer is set?.
The first step to perform when conducting an immediate charge is to press the immediate charge switch on the lower left dash.
What is an immediate charge?This is a vehicle features that allows a quick charge of the engine.
However, the first step to perform when conducting an immediate charge is to press the immediate charge switch on the lower left dash.
Read more about ariya
brainly.com/question/27930984
#SPJ1
The marketing concept that states that a business must find out what consumers want and provide it for them is called the:
The marketing concept that states that a business must find out what consumers want and provide it for them is called the customer orientation.
What is Customer orientation?Customer orientation can be regarded as the business approach which involves giving attention to customer first by the company.
It focus on helping customers meet their goals and find out what consumers want and provide it.
learn more about customer orientation at:https://brainly.com/question/24553900
#SPJ12
1. describe a buying situation in which you were successfully cross-sold and a situation in which you were ""traded up.""
To cross-sell is a phenomenon in sales that means to sell a product to a customer because of the initial product that they purchased. A great example would be purchasing a memory card because one purchased a mobile phone.
What does it mean to Trade-Up?Trading up simply refers to giving up a product for a more expensive one. An example would be trading up a 1995 Mercedes Benz for a 2022 BMW.
The two sales phenomenon described above can be used as strategies for sales.
Learn more about sales at:
https://brainly.com/question/4978438
#SPJ11
using the trueblood criterion what is the ultimate goal of accounting?
The ultimate goal of accounting according to trueblood criterion is to predict future cash flows to the investor or creditor
What is a trueblood criterion?In accounting, its means the reporting on the past & present firm information that could help us predict future cash flow to firm.
Hence, by virtue of trueblood criterion, the ultimate goal of accounting is to predict future cash flows to the investor or creditor.
Therefore, the Option C is correct
Missing options "A) Predict future cash flows to the firm
B) Predict income to the investor or creditor
C) Predict future cash flows to the investor or creditor
D) Predict income to the firm"
Read more about accounting
brainly.com/question/26690519
#SPJ11
When creating the complete 2nd Order Model for a regression model using job tenure (years working at that job), job experience (years working in that field), and education (high school, some college, associate's, or bachelor's), to predict income, you need to create interactions between all of the following EXCEPT:
One needs to create interactions between all of the following EXCEPT option B. high school and college. since, the model is using job tenure, it is the only option without work experience.
What is a 2nd Order Model for a regression model?The polynomial regression model has one, two, or more than two predictor variables. Each predictor variable may be present in various powers. This polynomial model is called a second-order with one predictor variable because the single predictor variable is expressed in the model to the first and second powers.
Therefore, the only predictor variable in all other options is job experience. However, option C. does not have the dominating variable.
learn more about regression model: https://brainly.com/question/25987747
#SPJ11
You discover an unattended email address or fax machine in your office receiving beneficiary appeals requests. You suspect no one is processing the appeals. What should you do?
If you discover an unattended email address or fax machine in your office. What you should do is: To Contact your compliance department.
Unattended email addressIf an unattended email address that is receiving appeals requests is discovered the next step of action to take is to get in touch or contact your compliance department.
You can contact your compliance department by making use of compliance hotline or any other means that you can use to contact them.
Therefore what you should do is: To Contact your compliance department.
Learn more about Unattended email address here:https://brainly.com/question/14983098
#SPJ12
Mr. Garrett has just entered his ma initial coverage election period (icep). What action could you help him take during this time?
The action that I could help him take during this time is have that to opportunity to enroll in a Medicare Advantage plan.
What is Medicare Advantage plan?Medicare Advantage is a health insurance plan that give help with private-sector health insurer.
This is very common in the united state, and since, Garrett has just entered his MA Initial Coverage Election Period , he can be part of the Medicare Advantage plan.
Learn more about Medicare at:https://brainly.com/question/3545635
#SPJ12
Adding deductive reasoning to traditional database management system (dbms) functions is a benefit of integrating an expert system into the database component of a(n) _____ system
The inclusion of the deductive reasoning to traditional database management system is a benefit of integrating an expert system into the database component of a Decision Support System.
What is a Decision Support System?
This refers to the set of related computer programs that is required to assist with analysis and decision-making within an organization.
Hence, the inclusion of the deductive reasoning to traditional database management system is a benefit of integrating an expert system into the database component of a Decision Support System.
Read more about Decision Support System
brainly.com/question/7655444
#SPJ12
Hansel just bought 100 N95 masks to sell during the pandemic. Hansel realizes he doesn’t have enough and calls Gretel on the phone to see if she has any extra. Hansel offers to pay Gretel $500 if Gretel sends him 50 N95 masks within 48 hours. Gretel needs the money, so she promises to send Hansel the 50 masks within 24 hours. Please explain what type of contract was created, if any?
Does it matter that all of the interaction between Hansel and Gretel occurred through cell phone conversations and voice mail? [Clearly state ”Yes” or “No”] Why or why not? Please explain any relevant contract principle(s) in your answer.
Answer:
There is no specific type of contract to define this agreement, as it was a verbal acceptance. And yes, there is a difference in the use of cellphone and voicemail as there would be a time difference. Please give brainliest.
This arrangement had verbal acceptance , hence there is no particular kind of document to describe it. As there would be a time gap, using a cellphone and voicemail do differ from one another.
What is verbal acceptance?A verbal contract, which is sometimes referred to as an oral contract or parol contract, is an agreement reached between two or more persons using the spoken word. Parol is to vocally communicate or provide something.
Even without written words, actions can be used to verify verbal agreements. Any oral agreement to provide a service is a legally binding contract. However, some agreements must be in writing and if they are not, they are not legally binding.
Just like a written offer, an unconditional verbal offer becomes enforceable and legally binding upon acceptance. However, some offers, including those made in the sale or purchase of real estate, must be made in writing.
To learn more about verbal acceptance
https://brainly.com/question/29741449
#SPJ2
Firms that adopt e-marketing strategies must consider making changes to their marketing mix variables. Which aspect of the marketing mix would relate to the ability to process orders electronically, reduce inefficiencies, costs, and redundancies while simultaneously increasing speed throughout the marketing channel?
The aspect of the marketing mix that would relate to the ability to process orders electronically, and reduce inefficiencies, costs, and redundancies while simultaneously increasing speed throughout the marketing channel is known as distribution.
What is distribution in marketing?Distribution in marketing relates to how the product or service will get to the final consumer.
Hence, the aspect of the marketing mix that would relate to the ability to process orders electronically, and reduce inefficiencies, costs, and redundancies while simultaneously increasing speed throughout the marketing channel is known as distribution.
Learn more about distribution at;
https://brainly.com/question/25339343
#SPJ12
Learn more about
Suppose a piece of equipment cost $35,000 and has accumulated depreciation of $10,000. It is sold for $15,000 cash. What is the journal entry to record the sale of the equipment
The amount of the journal entry are as follows:-
Cash $15000
Accumulated Depreciation $10000
Equipment cost $35000
Loss on sale $10000
What is Depreciation?An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline.
The complete solution is attached below.
Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc.
Thus the journal entry credit amount is Equipment cost $35000 and Debit amount of the journal entry are Cash $15000 Accumulated Depreciation $10000 and Loss on sale $10000.
Learn more about Depreciation here:
https://brainly.com/question/15085933
#SPJ1
When the Fed decreases the interest rate paid on reserves, it:
When the Fed decreases the interest rate paid on reserves, it will increase the interest rate.
What is federal reserve?This are stores of wealth or money that is owned by federal government.
The reserve helps to measure how well an economy is doing.
When the reserve is low the rate of interest paid is high to cover up for further spendings.
Therefore, When the Fed decreases the interest rate paid on reserves, it will increase the interest rate.
Learn more on federal reserve below
https://brainly.com/question/382312
#SPJ11
Which 3 data points can be imported into the app transactions tab in quickbooks online?.
Answer: Description, Date, and Amount.
A firm operating in a perfectly competitive market is a price taker because:
Firms in perfectly competitive markets are considered price takers because they do not set the price of their goods and services.
What is a price taker?This refers to a supplier who does not set the price at which they sell their own goods and services but rather takes the price set by the market.
Perfectly competitive markets are like this because suppliers have to face a lot of competition.
Find out more on price takers at https://brainly.com/question/15416827.
#SPJ12
Which trim level is available exclusively for customers who participate in the 2023 ariya reservation program?.
Customers who take part in the reservation program are the only ones who can purchase the front-wheel-drive Ariya Premiere.
What is trim level?
Manufacturers utilize trim levels to specify a vehicle's degree of equipment or unique characteristics. A vehicle's features and equipment are also determined by any option packages or individual options that were included in the order for the vehicle.
It comes with lighted Premiere kick plates, a Premiere grade badge, and 19-inch aluminum-alloy wheels with special aero wheel cover paint treatment.
Learn more about trim level :
https://brainly.com/question/27930408
#SPJ1
Which nims management characteristic is necessary for achieving situational awareness?.
The NIMS Management Characteristic is facilitating information sharing is Integrated Communications.
What are the characteristics of NIMS?
All levels of government are governed under the National Incident Management System (NIMS). Common nomenclature, modular organization, management by objectives, and incident action planning are some of the key traits.
Interoperable communication methods and systems, which include voice and data linkages, are developed and put to use to facilitate integrated communications.
To sustain connectivity, establish situational awareness, and make information sharing easier, integrated communications are required.
As a result, integrated communications is the correct option.
Learn more about on NIMS, here:
https://brainly.com/question/27106824
#SPJ1
What is iatrogenic anemia? How do you prevent it?
They can be prevented by using of small collection tube, allowing stable patients to carry out the laboratory test and sharing of specimen in the laboratory
What is iatrogenic anemia?This is a condition of lowered hematocrit and hemoglobin count resulting from frequent removal of blood samples needed for testing purpose in the laboratory.
They can be prevented by carrying out the following:
The use of small collection tubesStable patients should only be allowed to carry out the laboratory testSharing of specimen in the laboratoryLearn more on iatrogenic anemia here: https://brainly.com/question/8197071
#SPJ12
Education required for an animator
Answer: A bachelor's degree in an art related field
Explanation: Like most art related careers, you need a strong art portfolio to getting an art related job.
The current popularity of teams can be attributed to the fact that ________. A. they outperform individuals B. they represent a better way to use employee talents C. they reduce the need for coordination and supervision D. they aid in the performance of simple tasks that do not require diverse inputs E. they strengthen the worth of individual team players over the team
Generally, the current popularity of teams are mostly due to the fact that they represent a better way to use employee talents.
What is a team popularity?This refers to a team quality of being liked, enjoyed and accepted by a large number of people.
In most times, the popularity of typical teams are because they represent a better way to use employee talents for their organizational success.
Therefore, the Option B is correct.
Read more about team popularity
brainly.com/question/11565674
#SPJ12
In the context of brand extensions, stretchability of a brand depends on: a. preventing the transfer of meaning from the new branded product to the original brand schema. b. consumers' ability to process relationships between the parent brand and associated products. c. consumers' rejection of the fit between the parent brand and other products on which it appears. d. finding consumers with the same degree of liking for a parent brand. e. the usage differences between parent brand and associated products.
What is a design that can be produced to requirements even with unfavorable conditions in the production process?.
Answer:
fair use
Explanation:
i just need points
