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3 years ago

Identify the dominant market center between the atlantic and pacific coasts.

1 answer:

3 0

Chicago is considered by many to be a central hub in the midwest between the east and west coasts. Consider the centralized location and proximity to water which makes the city an excellent port/

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When buyers refuse to pay a product’s stated price or when improvements in other items or fashion changes reduce the appeal of t

blsea [12.9K]

Reduction in the price. If they do not reduce the price, then people will not buy the product, and they will be left with too many of the same products.

5 0

3 years ago

Pfister Corporation has Long-term Assets of $485,000, Current Liabilities of $150,000, Long-term Liabilities of $220,000 and Own

Stels [109]

Answer:

$205,000

Explanation:

Total liabilities=current liabilities+long-term liabilities

total liabilities=$150,000+$220,000

total liabilities=$370,000

total owners'equity plus liabilities=$320,000+$370,000=$690,000

long-term assets+current assets=liabilities+owners'equity

long-term assets=$485,000

current assets are unknown

liabilities+owners'equity=$690,000

let CA represent current assets

$485,000+CA=$690,000

CA=$690,000-$485,000

CA=$205,000

3 0

2 years ago

The ultimate economic burden of a tax is best captured by: A. the marginal tax rate. B. the effective tax rate. C. the average t

Musya8 [376]

Answer:

Explanation:

The ultimate economic burden of a tax is best captured by the effective tax rate, which is the average rate at which an individual is taxed on earned income or at which a corporation is taxed on profits before tax.

8 0

3 years ago

If the Fed buys U.S. government securities from banks, the federal funds rate ________ and banks' reserves ________.

expeople1 [14]

If the Fed buys U.S. government securities from banks, the federal funds rate falls and banks' reserves increase.

<h3>Fed's Monetary Policy</h3>

Price stability and full employment, the Federal Reserve's two legally mandated goals, are necessary to ensure a healthy and expanding economy in the United States.
In the past, the Fed has achieved this via modifying reserve requirements, conducting open market operations (OMO), and influencing short-term interest rates.
By acquiring government assets, the Fed helps to boost bank reserves and bring down the federal funds rate. Government securities will be sold by the Fed on the open market.
The Fed reduces the amount of money in circulation by selling government assets, which raises the federal funds rate.
OMO has an impact on interest rates as well because when the Fed purchases bonds, prices are pushed up and rates are lowered; conversely, when the Fed sells bonds, prices are pushed down and rates are raised.

To learn more about Fed's Monetary Policy refer to:

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8 0

1 year ago

Kevin Long's first year as unit supervisor for a local manufacturer was quite a challenge. To encourage his subordinates to meet

DiKsa [7]

Answer:

b. Theory Y

Explanation:

In theory Y, the managers consider employees as ambitious, self-motivated and eager to accept greater responsibilities. They believe employees enjoy working and can exercise self-direction and self-control. In theory Y assumptions, employees are intelligent, creative and innovative and can contribute enormously towards solving the organization problems.

Kevin has adopted the theory Y management principles. He involves his juniors in the decision-making process, implying a participative management style. Kevin, as the supervisor, has demonstrated faith in the abilities of his subordinates. He has created an environment where workers have the freedom to use their talents to increase productivity in the company.

7 0

2 years ago