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jarptica [38.1K]
3 years ago
9

In many countries, one of the roles of the central bank is to provide loans to distressed financial institutions. In economics,

the term for this is:
A. bailout bank
B. ender of last resort
C. source of ultimate credit
D. rovider of fiduciary nsurance
E. liquidity resource
Business
1 answer:
Firdavs [7]3 years ago
7 0

Answer: Bailout Banking

Explanation:

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The demand for the services of trish's computer services has increased. trish employs several workers who diagnose and fix clien
MArishka [77]

Answer:

1) what will happen to the mrp and wages of trish's workers?

the marginal revenue product (MRP) is defined as the additional revenue generated by employing one extra unit of labor. In this case, the MRP will exceed the wages paid by Trish, generating economic rent or above average returns.

2) the wage rate is w2; the old wage was w1. what is the economic rent trish's workers now earn?

If Trish raises her employees' wages due to the increasing in price, then her employees will be earning economic rent = w2 - w1. This means that their wage is higher than the usual wage that would be paid for doing that job.

3) define economic rent.

Economic rent is defined as the additional profit generated by a business that exceeds its opportunity cost.

Economic rent = marginal revenue product – opportunity cost

The opportunity cost is the extra costs or benefits lost from choosing one activity or investment over another alternative.

In this case, Trish is earning an economic rent with her business because her earnings are higher than any other earnings that she could make by investing in something else.

4) what factors affect the elasticity of supply of the labor supply curve that trish faces as she hires workers?

The elasticity of the labor supply curve shows how much a 1% change in wages affect the quantity of labor supply (in % also).

In this case, the factors affecting the labor supply would be the substitution effect and the income effect of a rise in wages. Both factors are opposite, and in this case I would believe that the substitution effect would be greater.

  • The substitution effect means that workers will start working more because they are paid a higher wage. they will be willing to give up leisure time in order to work more hours and earn a higher salary.
  • The income effect means that workers will start working less hours due to higher wages per hour.
8 0
3 years ago
Anson Jackson Court Company (AJC) The Anson Jackson Court Company (AJC) currently has $200,000 market value (and book value) of
ddd [48]

Answer:

7.38%

Explanation:

Calculation to determine what would be AJC's new WACC and total value

Using this formula

WACC and total value=(Equity)(Required rate of return on equity)+(Debt)(1-Tax rate)(Required rate of return on debt)

Let plug in the formula

WACC and total value=(0.6)(0.095)+(0.4)(1-0.4)(0.07)

WACC and total value=0.057+0.0168

WACC and total value=0.0738*100

WACC and total value=7.38%

Therefore would be AJC's new WACC and total value is 7.38%

5 0
3 years ago
Flapjack Corporation had 7,953 actual direct labor hours at an actual rate of $12.00 per hour. Original production had been budg
uysha [10]

Answer:

The correct answer is:

$6,998.64 favorable (b)

Explanation:

The direct labor rate/price variance is the difference between the standard cost of production and the actual cost incurred in the production process. If the actual rate of labor is less than the standard labor rate, it is said to be favorable, because lesser time is used in the production process than estimated. The reverse is the case for unfavorable direct labor rate variance.

The formula is given as:

Direct Labor Rate Variance = (SR - AR) × AH

Where

SR = standard rate = $12.88 per hour

AR = actual rate = $12.00 per hour

AH = actual direct labor hours = 7,953 hours

∴ Direct labor rate variance = (12.88 - 12.00) × 7,953 = $6,998.64 favorable

5 0
3 years ago
Which managers – top managers, middle managers or first-line managers – would make companywide decisions about energy use? How m
VladimirAG [237]

Answer:

The question is incomplete, it is missing the article about clean energy cars.

The article is about cars that run on compressed natural gas (CNG) instead of regular gasoline or even electric or hybrid models. The advantage of using CNG is that it is clean, its emissions rate is practically zero and most importantly, natural gas is extremely abundant in the US (shale gas).

Now, back to the questions:

Which managers – top managers, middle managers or first-line managers – would make companywide decisions about energy use?

Top managers are responsible for making companywide decisions about energy use. E.g. top management of several technological firms have decided to make their buildings and installations greener or more energy efficient. Generally when a new energy source is being used for the first time, a company must make large investments. This is why top management must decide about changes in energy use.

How might the new workplace enable all managers to capitalize on the Great Shale Gas Rush?

The use of CNG is not only good for businesses, but it is also good for the citizens and the US as a whole. Currently the US has almost balanced it exports and imports of petroleum, but it would benefit everyone if the balance would be positive. This means that the less oil imported, the better.  

If we look at specific businesses, changing from gasoline (or even diesel) to CNG is not only greener, but it is also cheaper. The problem with electric and hybrid cars is that they are extremely expensive, and it is really hard to offset their cost against regular gasoline cars. On the other hand, cars that run on CNG cost almost the same and are extremely cheap to use. CNG is much cheaper than gasoline plus you have the advantage of not needing to import oil or gasoline.

Currently, I'm not sure if there is any CNG car available for households since the Honda Civic that runs on it was discontinued, but businesses can still purchase fleet trucks and vans that run on CNG. If you analyze CNG vs gasoline or electric vehicles, CNG cars are much cheaper, efficient and greener (the Civic was greener than electric cars). It is a win-win situation, the company wins, the environment wins, the economy wins and the country wins, only foreign oil exporting countries lose.

5 0
4 years ago
Which sphere is made of rock layers from the surface to the core?
mel-nik [20]

<span>Crust  
</span>


<span>This is the outer layer of the Earth about 10 miles or so thick. Mostly made up of rock and loose material.  The crust found underneath continents is 3 times thicker than the crust underneath the oceans.
</span>



<span>Mantle 
</span>


<span>The next layer beneath the crust is called the mantle.  It extends to a depth of approximately 1,800 miles and is made of a thick solid rocky substance that represents about 85% of the total weight and mass of the Earth.
</span>


<span>The first 50 miles of the mantle are believed to consist of very hard rigid rock. The next 150 miles or so is believed to be super-heated solid rock. Below that for the next several hundred miles, the Earth mantle is once again made up of very solid and sturdy rock materials.
</span>



<span>Outer Core 
</span>


<span>Traveling deeper within the Earth, we next would encounter the Earth’s outer core, which extends to a depth of around 3000 miles beneath the surface. It is believed that this outer core is made up of super-heated liquid molten lava. This lava is believed to be mostly iron, and nickel.
</span>



<span>Inner Core 
</span>


<span>Finally, we would reach the Earth’s inner core. The inner core extends another 900 miles inward towards the center of the Earth. It is believed that this inner core is a solid ball of mostly iron, and nickel.
</span>


<span>The mantle is made of much denser, thicker material, because of this the plates "float" on it like oil floats on water.  Many geologists believe that the mantle "flows" because of convection currents. </span>



Convection Currents

These currents are caused by the very hot material rising, cooling, and sinking over and over again.  The next time you heat anything like soup or pudding in a pan you can watch the convection currents move in the liquid. When the convection currents flow in the mantle they also move the crust. The crust gets a free ride with these currents. A conveyor belt in a factory moves boxes like the convection currents in the mantle moves the plates of the Earth.


<span>Magma
</span>

<span>The first question this raises is: what exactly is this "material from the inside"? On our planet, it's </span>magma, fluid molten rock. This material is partially liquid, partially solid and partially gaseous.


<span>Radiation 
</span>

<span>Ultraviolet  radiation that eats away at the ozone layer
</span>


<span>Hydrosphere
</span>

<span>Welcome to something we like to call the </span>hydrosphere! This is where we talk about the way water moves through the world. W\ater affects everything that happens in life. In Latin, "hydro" means water. Therefore, anything that scientists describe, when it comes to water, is a part of the hydrosphere.  That water may be at the bottom of the ocean or in the top layers of the atmosphere; it is all a part of the hydrosphere.



<span>Lithosphere 
</span>

<span>The crust is composed of two basic rock types granite and basalt. The continental crust is composed mostly of granite. The oceanic crust consists of a volcanic lava rock called basalt. Basaltic rocks of the ocean plates are much denser and heavier than the granitic rock of the continental plates. Because of this the continents ride on the denser oceanic plates. The crust and the upper layer of the mantle together make up a zone of rigid, brittle rock called the Lithosphere. </span>


<span>Asthenosphere 
</span>

<span>The layer below the rigid lithosphere is a zone of asphalt-like consistency called the Asthenosphere. The asthenosphere is the part of the mantle that flows and moves the plates of the Earth.

Hope this helps. :)</span>

3 0
3 years ago
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