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Vika [28.1K]
3 years ago
6

A Lorenz curve measures the ________ on the vertical axis.cumulative percentage of money incomecumulative percentage of family w

ealthcumulative percentage of familiesdemand of families on welfare
Business
1 answer:
Charra [1.4K]3 years ago
3 0

Answer:

cumulative percentage of money income

Explanation:

Lorenz curve refers to the graphical representation of income inequality among the individuals in an economy. It is shown as the bend curve in the income equality diagram. There is one 45 degree line which is known as the line of equality.

Cumulative percentage of money income is shown on the vertical axis and percentage of households by income distribution is shown on the horizontal axis.

The larger the gap between the Lorenz curve and the line of equality represents higher income inequality.

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Which of the following is NOT a benefit of a social media presence for a brand? Group of answer choices Social media allows comp
ollegr [7]

Answer: Social media allows companies to have a short-term focus.

Explanation:

Social Media has made the world way more connected than it was before even with the advent of the Internet. As such, companies were able to leverage on this to improve their brand and popularity by being present on the various social media platforms.

With social media, companies have been able to marketers to establish a public voice and presence online, cost-effectively reinforce other communication activities, build online forums and communities as well as remain relevant in a fast changing world.

Companies having a short term focus as a result of social media <em>is not a benefit</em> of social media. A company should always think long term and even social media can help them achieve long term growth if long term marketing plans are integrated with social media marketing.

5 0
4 years ago
When an offeree changes the terms of an offer, it is called a counteroffer. What happens
Amanda [17]
<h2>Original offer becomes void (nothing).</h2>

Explanation:

Counteroffer: The original offer would have been either rejected or modified with new one.

This gives the original offeror three options:

  • accept the counteroffer,
  • reject it, or
  • make another offer.

Example:

When a buyer makes an offer on say "home", there is a possibility of seller can making a counteroffer. In other terms, a counteroffer is one of the negotiating tactic in response to the initial offer. You can call it as business tricks. When a counteroffer is announced, "the original offer goes nothing(void)".

7 0
4 years ago
Unitron Corp. Is considering project Z, which costs $50 million and offers an annual after-tax cash flow of $7.5 million in perp
makkiz [27]

Answer: No, because the NPV of the project is negative.

Explanation:

First calculate the present value of this project's cashflows.

As it is in perpetuity, the present value is;

= Annual Cashflow/ Discount rate

= 7,500,000/0.15

= $50,000,000

NPV = Present Value of Cashflow - Investment

= 50,000,000 - 50,000,000

= $0

We discounted using the company's WACC but this project is said to be in an industry that has greater risk than Unitron's other projects.

This means that the relevant rate will be higher than 15% and when NPV is computed with anything higher than 15% for this project, the NPV will be negative because 15% is where it is at $0.

This project should not be accepted because it will have a negative NPV.

7 0
3 years ago
In a market system, ____ distributes goods among consumers in accord with their tastes and preferences, using voluntary exchange
Viktor [21]

Answer:

The correct answer to the question: In a market system, ____ distributes goods among consumers in accord with their tastes and preferences, using voluntary exchange to determine who gets what, would be: C: A price system. From looking at the question in other sources, it seems that the answer choices of this one were incomplete, you are missing one, which was the correct choice. Price system is the correct choice in here.

Explanation:

This is the one system through which goods and services are accordingly distributed and offered to consumers, to meet their needs and demands. And it is also the system that allows voluntary exchange to determine how the produced goods and services are distributed.

4 0
4 years ago
Jonathan is the CEO of a cell phone manufacturing company. At the company's Annual General Meeting, he made an announcement to t
barxatty [35]

Answer: <em>Options (A), (B), (C) and (D) are all correct.</em>

Explanation:

From the given question, we can easily state that Jonathan illustrate a Leader's, Liaison's, Disseminator's and Spokesperson's role.

Here, Jonathon act as a leader and spokesperson of a cell phone manufacturing company. Also, While making announcement about the vacant position he tends to play the role of a disseminator and liaison between the different strata of the organization.  

6 0
3 years ago
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