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3 years ago

In the short run,

Business

1 answer:

Neko [114]3 years ago

7 0

Answer:

The correct answer is: unemployment and inflation are negatively related. In the long run they are largely unrelated problems.

Explanation:

According to the Philips curve, in the short run, inflation and unemployment rate are inversely related. This implies that when inflation decreases, the unemployment rate increases.

This is indicated by the downward-sloping Phillips curve. When the government adopts a contractionary policy to reduce inflation, unemployment will increase.

In the long run, the Phillips Curve will be a vertical line at the natural rate of unemployment. The inflation rate is not related to the unemployment rate in the long run.

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Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be

yaroslaw [1]

Answer:

$83,850

Explanation:

Lacy's Linen Mart

Cost Retail

Beginning inventory$88,500 $139,000

Add: net purchases$331,000 $499,000

Goods available for sale$419,500 $638,000

Cost-to-retail percentage

= $419,500÷ $638,000 = 65%

Less: Net sales($509,000)

Estimated ending inventory at retail

($638,000 -$509,000) $ 129,000

Estimated ending inventory at cost(65% x $129,000)$83,850

Therefore the estimated inventory at June 30, 2021, would be $83,850

5 0

3 years ago

XYZ can buy a Monet for $8,200,000 today. She believes that the masterpiece can be sold in 9 years for $19,600,000. What is the

myrzilka [38]

Answer:

c. 10.17%

Explanation:

we can use the future value formula:

future value = present value x (1 + r)ⁿ

future value = $19,600,000
present value = $8,200,000
n = 9

$19,600,000 = $8,200,000 x (1 + r)⁹

$19,600,000 / $8,200,000 = (1 + r)⁹

(1 + r)⁹ = 2.390243902

⁹√(1 + r)⁹ = ⁹√2.390243902⁹√

1 + r = 1.101663943

r = 1.101663943 - 1 = 0.101663943 = 10.17%

4 0

3 years ago

Which of the following is an example of strategic entry deterrence?

Oksanka [162]

Answer:

E. both a and b

Explanation:

Strategic entry deterrence refers to any act that prevents potential market participants from competing in a particular market. Such actions or barriers to entry may include rival capture, product differentiation for extensive product development, capacity building to lower unit costs, and predatory pricing. While many entry barriers can be created, time can also be a barrier to entry because potential marketers are less likely to enter the market if it takes longer to complete the task. they spend and lose their profits over time. Entrance barriers are sometimes considered anti-competitive and may be subject to different competition laws.

One way to block access to the new entrants is to produce products at a lower price than the monopoly level. This not only reduces profitability, but also makes them less attractive to participants, but also means that the current person is more likely to meet market demand and to leave any potential bidder in the market.

The current company has the advantage of being the first carrier, so it can act in a way that it knows will affect the decision of the participant. Assuming incomplete data (ie, the costs of the current firm are known only) can only make assumptions about the cost structure of the participant with price and output levels. Therefore, duty people can use them as a signal to any potential bidder.

An officer trying to strategically hinder access may do so by trying to minimize market entry. Expected revenues depend heavily on the number of customers waiting for the participant - so one way to prevent access is the "shutting-down" consumer.

5 0

3 years ago

Joe is the manager of the marketing department of an organization. He is restructuring his department and is creating teams to i

Jobisdone [24]

Answer:

seven

Explanation:

The size of work group is very important since smaller groups tend to be more efficient and finish tasks faster, but they are also less diverse. Ideally if a manager is looking for an efficient group, it should have between 3-5 members. Now if Joe is worried about the lack of diversity, he should consider adding a couple more people, but not that many more. Individual contribution and productivity decreases as the group increases in size.

If you want to enhance creativity and problem solving abilities, you should form diverse groups that include employees with different functional expertise and education.

Out of the possibilities, I would personally choose seven people to form a group in order to keep productivity high and also diversity and creativity.

5 0

3 years ago

____________ contract for the sale of goods in which the seller is required or authorized to ship the goods by carrier and tende

Helen [10]

Answer: Destination Contract.

Explanation:

Destination Contract is a contract for the sale of goods, in which the seller is required or authorized to ship the goods by carrier and tender delivery of the goods at a particular destination.

The seller assumes liability for any losses or damage to the goods until they are tendered at the destination specified in the contract.

The seller bears the risk of loss until he completes his delivery requirements as stated under the destination contract. If the goods are destroyed or damaged while in transit to buyer, the seller bears the loss.

After the delivery company has delivered the goods at the buyer’s location, then the seller is no longer liable for any damages after that.

5 0

3 years ago