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3 years ago

"A" represents the new quantity demanded, while "B"

Business

2 answers:

Flura [38]3 years ago

8 0

Answer:

1) Excess supply

2) fall

Explanation:

Gennadij [26K]3 years ago

6 0

Answer:

Excess supply & They should fall

Explanation:

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When an industry is a natural monopoly:

Margaret [11]

Answer:

The answer is D a larger number of firms will lead to a higher average cost

6 0

3 years ago

The following situations suggest a strength or a weakness in internal control. Identify each as a strength or weakness, and giv

Mkey [24]

Answer: Options A and C are strengths while options B and D are weaknesses. See explanation below.

Explanation:

a. All employees must take at least five consecutive days off each year.

This is a strength in internal control. This would help to maintain stability in operational process and ensure leave days are effectively utilized. It also prevents staff from taking the leave days in piecemeal and sporadic manner thereby disrupting the operational process and causing team instability. It is also used to ensure leave days are promptly utilised and well accounted for.

b. The accounting department orders merchandise and approves invoices for payment.

This is a weakness in internal control. There should be a check and balance in this regard. In some organizations, proper scrutiny of the vendor and invoice is done by the Procurement Unit and the Expense Control Unit respectively. Even within the accounting department, there is approval hierarchy. Also, the unit within accounting department that is making the order should not be the one to approve the transaction.

c. Cash received over the counter is controlled by the sales clerk, who rings up the sale and places the cash in the register. The daily sales are recorded in the accounting records by the accounting department.

This is a strength in internal control as it ensures checks and balances. Fraud and error can be detected through this means. The accounting department should verify the transactions to the relevant supporting document before recording the transaction in the system.

d. The officer who signs checks need not examine the payment packet because he is confident the amounts are correct.

This is a weakness in internal control in the sense that checks signed by the officer is binding in the court of law. The officer cannot claim ignorance if anything goes wrong. There is therefore a need for proper scrutiny and relevant questions asked before checks are signed.

7 0

3 years ago

Which of the following is the best way to measure who read the company's public relations message and what they thought about it

algol [13]

Answer:

a. Ask consumers for relevant feedback after the campaign

Explanation:

The company's public messages in order to establish a relationship with the clients or its costumes have to be essentially exposed through the mediums like campaigns and the media to get relevant feedback form them and helps in the analysis if its future scope.

These messages target the key audiences and use all mediums of communication like PR events.

6 0

3 years ago

Classify each property according to whether it is displayed by metals or by nonmetals

ElenaW [278]

<span>The following properties can be classified as those associated with metal elements: having a high density, malleable, and having low melting points. The following properties can be classified as those associated with non-metal elements: dull and nonreactive to acids.</span>

3 0

3 years ago

Consider a portfolio manager with a $20,500,000 equity portfolio under management. The manager wishes to hedge against a decline

love history [14]

Answer:

Assume that a month later the equity portfolio has a market value of $20,000,000 and the stock index future is priced at 1150 with a multiplier of 250. Calculate the profit on the equity position.

Calculate the overall profit.

$1,550,000

Explanation:

Assume that a month later the equity portfolio has a market value of $20,000,000 and the stock index future is priced at 1150 with a multiplier of 250. Calculate the profit on the equity position.

Calculate the overall profit.

The manager should be short on the stock index futures because the position on the equity portfolio is long.

Number of contracts required to hedge

= [$20,500,000/(1250*250)] * 1.25 = 82 contracts

Profit on the equity portfolio

= $20,000,000 - $20,500,000 = -$500,000

Profit on the stock index future

= [(1250)(250) – (1150)(250)] x 82 = $2,050,000

Overall profit

= $2,050,000 - $500,000

= $1,550,000

therefore, the overall profit is $1,550,000

7 0

3 years ago