Explain the working of the economy of a capitalistic country​

Some businesses in municipalities that contribute to the economic growth of the area include:

Tech provides high-paying jobs and attracts talent to the area, as well as contributing to innovation and technological advancement in the region. Small businesses contributes to the local economy by providing goods and services to the community, creating jobs, and supporting other businesses in the area.

Manufacturing company creates jobs and generates revenue through the production and sale of goods, as well as providing opportunities for local suppliers and vendors.

This is basically the same for all the other types of companies as they mostly give people jobs and contribute to economic growth in their industry specifitc way.

Find out more on economic growth at https://brainly.com/question/1690575

#SPJ1

The contribution margin per unit = contribution margin/no. of units sold is 11.5

The income statement

b. 136000

if sales are doubled variable cost will also be doubled. so 68000*2= 136000

c.50000

if sales are doubled total fixed cost will remain the same.

d. 230

if 20 more units will be sold profit willincreased by 230. i.e. contribution * no. of units sold

so 11.5*20= 230

e. 4348 units

Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit)

i.e. 50000/20-8.5 = 4347.82 i.e. 4348 units

f. 9565.21 i.e. 9566 units

Profit = sales - variable cost - fix cost

60000 = sales - variable cost - 50000

sales - variable cost = 60000+ 50000

sales - variable cost = 110000

Total amount required to earn = 110000

so units required to be sold = Total amount required to earn/ Contribution per unit

110000/11.5 = 9565.21

g.150000

After tax revenue = (sales - variable cost - fix cost)- Tax rate

30000= (sales - variable cost - 50000) - 30%

30000/30% = (sales - variable cost - 50000)

100000 = (sales - variable cost - 50000)

sales - variable cost = 100000+50000

sales - variable cost / Revenue required = 150000

Read more about variable costs here:

https://brainly.com/question/5965421

#SPJ1

Illumination is required to be provided for all working spaces around service equipment, switchboards, switchgear, panelboards, or motor control centers installed indoors.

The illumination should not be controlled by automatic means only. Exception No. 1 applies to switched receptacles, where automatic control is allowed.

According to the National Electric Code (NEC), the illumination should be of an intensity and duration sufficient for safe performance of maintenance and operational duties. The illumination must also be distributed in a manner that prevents glare and creates a uniform illumination on the work surface. This can be accomplished with a combination of general and local lighting.

General lighting is provided for overall illumination of the entire area and should be distributed to prevent glare and provide uniform illumination. Local lighting should be provided directly over the equipment being serviced, maintained, or operated. This can be accomplished with either direct luminaires, such as recessed luminaires, or indirect luminaires, such as pendant luminaires.

Illumination requirements also vary based on the type of work being done. For instance, general illumination of at least 10 foot candles is required for routine maintenance activities. For more intensive activities, such as troubleshooting and testing, the illumination requirement increases to at least 30 foot candles.

In summary, illumination is required for all working spaces around service equipment, switchboards, switchgear, panelboards, and motor control centers installed indoors. Exception No. 1 applies to switched receptacles, where automatic control is allowed. Illumination should be of an intensity and duration sufficient for safe performance of maintenance and operational duties and should be distributed in a manner that prevents glare and creates a uniform illumination on the work surface.

for more such question on Illumination

https://brainly.com/question/6640240

#SPJ11

One of the biggest dangers of varied sampling could be that the audit team will draw the wrong conclusions from their in-depth analysis. Two hazards are improper acceptance and erroneous rejection, as you can see here.

An acceptance sampling strategy in statistics is a variables sampling plan. Designs for variables are meant for qualitative traits that are continuously scaled. The statistical model must be understood in order to execute this plan. The practise of predicting the value of a certain variables within a population is known as variables sampling. For instance, calculating the average balance of accounts receivable can be done using a small number of samples.

To know more about accounts receivable visit:

https://brainly.com/question/24261944

#SPJ1

The table provided shows the total costs for six different orders of an item. To fill in the blanks, we can use the information provided.

Order 0: The total cost is $500, so there are no blank fields.
Order 1: The total cost is $500, so the cost of the item is $500 and there are no other costs associated with the order.
Order 2: The total cost is $800, so the cost of the item is $600 (800 - 200 = 600) and the other costs are $200.
Order 3: The total cost is $875, so the cost of the item is $675 (875 - 200 = 675) and the other costs are $200.
Order 4: The total cost is $925, so the cost of the item is $725 (925 - 200 = 725) and the other costs are $200.
Order 5: The total cost is $255, so the cost of the item is $55 (255 - 200 = 55) and the other costs are $200.
Order 6: The total cost is $450, so the cost of the item is $250 (450 - 200 = 250) and the other costs are $200.

In conclusion, the information provided in the table can be used to fill in the blanks for each order.

For more such questions on Total costs

https://brainly.com/question/25109150

#SPJ11

It is more challenging to evaluate common stock than it is to value bonds since it is harder to see the rate of return demanded by the market. Option 1 is Correct.

For various reasons, including the absence of set cash flows, uncertainty, lack of a maturity date, market volatility, and market expectations, valuing common stock is seen to be more challenging than valuing bonds.

These elements make figuring out the fair value of a common stock—which is the present value of future cash flows from common stock—more challenging. Contrarily, bond valuations are frequently based on a known coupon rate and maturity date, making it simpler to calculate the present value of future bond cash flows. Option 1 is Correct.

Learn more about value bonds Visit: brainly.com/question/25965295

#SPJ4

Correct Question:

Which of the following are reasons why it is more difficult to value common stock than it is to value bonds? multiple select question.

1. the rate of return required by the market is not easily observed.

2. the life of a common stock is essentially forever.

3. all bond and stock cash flows are guaranteed to be paid.

4. common stock cash flows are not known in advance.

the federal farm board, created by the agricultural marketing act, lent money to farmers primarily to help them to organize producers' cooperatives



the agricultural marketing Act of 1929, underneath the management of Herbert Hoover, set up the Federal Farm Board from the Federal Farm mortgage Board hooked up by means of the Federal Farm loan Act of 1916 with a revolving fund of half of one thousand million dollars.[1] The authentic act turned into sponsored by way of Hoover in an try to forestall the downward spiral of crop expenses by using looking for to buy, sell and save agricultural surpluses or via generously lending money to farm corporations. cash changed into lent out to the farmers in order to buy seed and food for the cattle, which become mainly vital considering that there had formerly been a drought in the Democratic South.

To recognise more about agricultural marketing act click right here
Brainly.com/question/874289
#SPJ4

Creative thinking is the ability to come up with new and innovative ideas, and to think outside of the box. It is an essential skill in today's rapidly changing and evolving world. Creative thinking is not limited to the arts or sciences; it can be applied to any field, from business to technology to education.

The first step to developing creative thinking is to approach problems and challenges with an open mind. Instead of relying on traditional solutions or methods, try to look at the problem from different angles and perspectives. This may involve questioning assumptions or exploring new approaches that may seem unconventional or even counterintuitive.

Another important aspect of creative thinking is the ability to connect seemingly unrelated ideas or concepts. This involves being able to see patterns and connections between different pieces of information, and to draw on diverse experiences and knowledge to generate new insights and ideas. This can be done through brainstorming sessions or by keeping a journal to record ideas as they come.

Creative thinking also requires a willingness to take risks and to embrace uncertainty. This means being open to experimentation and failure, and being able to adapt and pivot when things don't go as planned. It also means being able to push past the fear of failure or rejection, and to trust your instincts and intuition.

Finally, creative thinking requires a sense of curiosity and wonder. This means approaching the world with a sense of awe and fascination, and being open to exploring new ideas and experiences. It also means being willing to ask questions, challenge assumptions, and seek out new information and perspectives.

In conclusion, creative thinking is a critical skill in today's world. It allows us to approach problems and challenges with an open mind, to connect seemingly unrelated ideas, to take risks and embrace uncertainty, and to approach the world with a sense of curiosity and wonder. By cultivating our creativity, we can unlock new ideas, insights, and possibilities that can help us to thrive in an ever-changing world.

Answer:

Collaborative

Explanation:

Collaborative consumption differs from conventional consumption in that resources, goods, or services are shared by a group rather than individuals. Bartering, Airbnb, and ride-sharing applications are examples of collaborative consumption.

The term that refers to relatively permanent changes in an employee's knowledge or skill that result from experiences is called learning.

Learning is a change in behavior as a result of experience. This experience-based change is usually permanent and leads to more productive and efficient job performance. Learning can occur through a variety of experiences, including formal training programs, on-the-job training, job rotation, and work assignments.Learning is an important factor in the professional development of employees. Organizations frequently invest in learning and development programs to improve employees' job performance and efficiency.

Through learning and development programs, employees can acquire new knowledge, skills, and attitudes that help them grow professionally and perform better at work.

For more such questions on learning

https://brainly.com/question/28965512

#SPJ11

This statement is referring to Statistical Process Control (SPC), which is a method used to monitor and control production process.

Control production refers to the process of managing and optimizing the production of goods and services within a company. The goal of control production is to ensure that the production process runs efficiently and effectively, delivering high-quality products at the lowest possible cost. This involves monitoring and managing the entire production process, from the acquisition of raw materials to the delivery of finished products to customers. Control production typically involves using various tools and techniques to measure and improve production efficiency, including statistical process control, lean manufacturing, and Six Sigma. Effective control production can result in increased productivity, reduced waste, and improved customer satisfaction, ultimately leading to greater profitability for the company.

To learn more about manufacturing, visit:

https://brainly.com/question/29349121

#SPJ1

Designing and creating a product's container or wrapper is known as packaging.

The process of creating a package for a consumer good is referred to as packaging. Packaging aids in setting the product apart from rivals and facilitates customer recognition of the product. It also shields the product from harm, in addition to the other benefits.

The most basic purpose of product packaging is to safeguard the contents. Packaging must protect the product from damage both during transportation from the manufacturing plant to the retailer and while it is on the shelf. As a result, product packaging needs to be reliable and strong.

To know about package visit:

https://brainly.com/question/28283519

#SPJ1

which of the following terms best describes the process of designing and producing a container or wrapper for a product?

a. labeling

b. branding

c. licensing

d. packaging

e. schematizing

The liabilities arising from transactions that are reported on the balance sheet at December 31 are Notes Payable 600,000, Accounts Payable 75,000, Salaries and Wages Payable 40,000, Interest Payable 6,000, and Unearned Service Revenue 24,000.

1. April 30:
Debit Cash 600,000
Credit Notes Payable 600,000
2. June 6:
Debit Accounts Payable 75,000
Credit Merchandise Inventory 75,000
3. July 15:
Debit Accounts Payable 75,000
Credit Cash 75,000
4. August 31:
Debit Cash 24,000
Credit Unearned Service Revenue 24,000
5. December 31:
Debit Salaries and Wages Expense 40,000
Credit Salaries and Wages Payable 40,000
6. December 31:
Debit Interest Expense 6,000
Credit Interest Payable 6,000
7. December 31:
Debit Unearned Service Revenue 24,000
Credit Service Revenue 24,000
The liabilities arising from these transactions that are reported on the balance sheet at December 31 are Notes Payable 600,000, Accounts Payable 75,000, Salaries and Wages Payable 40,000, Interest Payable 6,000, and Unearned Service Revenue 24,000.

For more such questions on transactions

brainly.com/question/28059483

#SPJ11

The correct answer is d. Medicare Part A provides hospital coverage for eligible individuals who are 65 or older, as well as for some younger people with certain disabilities or health conditions.

However, simply being 65 or older and entitled to a monthly Social Security check does not necessarily guarantee coverage under Part A.

To be eligible for Part A, an individual must have paid into the Medicare system for a certain amount of time through payroll taxes or be the spouse of someone who has. This is commonly known as having "40 quarters of coverage." However, there are certain exceptions to this rule, such as for people with certain disabilities or health conditions.

Therefore, while options a, b, and c are all groups of people who may be eligible for Part A coverage, option d is not. Simply being 65 or older and receiving a Social Security check does not automatically make an individual eligible for Part A. It is important for individuals to understand their specific eligibility requirements and enrollment options to ensure they have the appropriate coverage for their healthcare needs.

To know more about Medicare system , visit :

https://brainly.com/question/11746470

#SPJ1

The Answer NOT a component of the free enterprise system the right to choose.

The majority of free enterprise systems are made up of four elements: governments, markets, firms, and households. Households, not the government, own the majority of the nation's economic resources and make decisions about how to employ them in a free enterprise system. Economic resources are gathered by businesses to produce a good or service.

The right to private property, competition, profit as an incentive, and consumer sovereignty are the five guiding principles of the U.S. economic system of free enterprise.

To Know more about enterprise system

https://brainly.com/question/30338990

#SPJ1

Option (a), Multi-channel retailing refers to encouraging customers to make purchases through many channels when it comes to marketers selling their items.

Multichannel retailing is the process of using many channels to provide the same products on different platforms. Brick and mortar shops, online shops, mobile app stores, and other outlets are only a few of the countless channels. There are both online and offline platforms that could be used.

Multi-channel retailing is a hybrid strategy that brings together a range of options. Consumers can choose between purchasing products at an outlet or using online marketplaces to buy their selected products.

Learn more about Multi-channel retailing: https://brainly.com/question/24667348

#SPJ1

Among these, a sales orientation is a negative aspect, as it places emphasis on the needs and desires of the market instead of focusing on manufacturing facilities and capabilities. Option B.

Sales orientation focuses solely on the sales of the product, often sacrificing quality and not taking into account the needs and wants of the customers. This leads to a low level of customer satisfaction, as customers are not getting what they need or want, and often buy products or services they don't need or want. Additionally, it does not take into account the changing needs of the customers, as it is only focused on short-term sales goals.
Overall, a sales orientation is a negative aspect of the marketing environment, as it does not take into account the needs of the customers and focuses solely on short-term sales goals. Option B

for more such questions on manufacturing

https://brainly.com/question/1082619

#SPJ11

The effect of the FIFO accounting method on inventory valuation during a period of sharply rising prices.

The FIFO (first-in, first-out) inventory accounting method is one of the most common inventory valuation approaches in use.

In this method, the cost of goods sold is calculated by assuming that the oldest inventory items are sold first, and the newest inventory items are sold last. It is widely used because it is straightforward and easy to understand. However, during periods of sharply rising prices, this method can have a significant impact on inventory valuation.

Inventory valuation is the process of determining the cost of inventory that a business owns. This cost is used to determine the value of the inventory on the balance sheet, as well as the cost of goods sold on the income statement. During periods of rising prices, the cost of inventory items can increase dramatically.

As a result, the value of inventory on the balance sheet can be much higher than it would be if the prices had remained stable. This can be problematic for businesses that use the FIFO method because it assumes that the oldest inventory items are sold first.

As a result, the cost of goods sold can be significantly lower than it would be if the newest inventory items were sold first.

This can result in higher profits and lower taxes, but it can also result in misleading financial statements.To conclude, the FIFO accounting method has a significant impact on inventory valuation during periods of sharply rising prices. The cost of goods sold can be significantly lower, resulting in higher profits and lower taxes.

However, this can result in misleading financial statements, and it is important for businesses to carefully consider the impact of rising prices on their inventory valuation.

For more such questions on FIFO

https://brainly.com/question/24137318

#SPJ11

Answer: Walmart is a retail firm. It buys goods from suppliers and then sells them to consumers for a profit.

Explanation:

Manufacturer liability may arise if a product is defectively designed, manufactured, or marketed. A product is thought to be defectively designed when the item is manufactured as designed, but the design of the product renders it dangerous. option d is correct.

For more such question on specifications

https://brainly.com/question/30584458

#SPJ11

OPEC (Organization of the Petroleum Exporting Countries) because it sets prices and production level for the industry.

The Organization of the Petroleum Exporting Countries (OPEC) refers to a group of 13 countries that are the world's largest oil exporters. OPEC was established in 1960 to coordinate the oil policies of its member countries and to provide technical and economic assistance to them. OPEC is a cartel that aims to control oil supply in order to fix the price of oil on world markets to avoid fluctuations that can affect the economies of both producing and purchasing countries.

OPEC members include Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela (the five founding countries), as well as Algeria, Angola, Congo, Equatorial Guinea, Gabon, Libya, Nigeria, and the United Arab Emirates.  

To know more about OPEC -

https://brainly.com/question/14305745

#SPJ1

10%, compounded semiannually interest rate will result in the largest present value

Present value (PV) is the current value of a future financial asset or stream of cash flows with a specific rate of return. The present value is calculated by adding a borrowing fee or an interest rate that could be attained through investment to the future value. How much money would you need to invest today in order to earn a specific amount in the future is the difference between current value and future value. The present value (PV), which is the value of money in today's dollars that you expect to get from future income, is calculated as the sum of future returns on investments discounted at a specific level of projected return.

To learn more about present value refer here:

https://brainly.com/question/29586738

#SPJ1

A leftward shift of the supply curve for loanable funds indicates a decrease in the supply of loanable funds at each interest rate level.

This shift can be caused by several factors, including:

Decreased savings: A decrease in savings means that there are fewer funds available for lending, which results in a leftward shift of the supply curve.

Increased government borrowing: When the government borrows more, it competes with private borrowers for funds, which decreases the supply of loanable funds.

Decreased foreign investment: If foreign investors become less interested in investing in the domestic market, the supply of loanable funds decreases, causing a leftward shift of the supply curve.

Increased uncertainty: If there is uncertainty in the economy, people may hold onto their money rather than investing it or saving it, which reduces the supply of loanable funds.

Increased taxation: When taxes are increased, people have less disposable income to save or invest, leading to a decrease in the supply of loanable funds.

All of these factors reduce the amount of funds available for lending, resulting in a leftward shift of the supply curve for loanable funds.

To know more about supply curve:

https://brainly.com/question/6075885

#SPJ1

The investor should place a buy-stop order at a price above the resistance level of $50.

Resistance is the opposition which a material or object presents to the flow of electric current. It is measured in Ohm's and is denoted by the symbol R. Resistance is an important factor in electrical circuit design, as it determines how much energy is dissipated in the form of heat and how much current can be passed through the circuit. It is also used to control the flow of electricity in different circuits. Resistance is caused by the collision of charged particles with the atoms of the material, resulting in energy being dissipated as heat. This property of resistance is used in electrical devices such as resistors, transformers and motors.

A buy-stop order is an order to buy a security once it trades at or above a specified price. This order type is used to potentially capture larger price movements and is typically placed above the resistance level in anticipation of the stock breaking through that level. If ABC reaches or trades above the specified price, then the order will be executed.

To learn more about resistance

https://brainly.com/question/25997303

#SPJ1

Answer:

A fixed-rate mortgage has a set interest rate for the entire duration of the loan (typically 15 or 30 years). It's a type of installment loan, similar to a student loan or personal loan, with fixed monthly payments. An adjustable-rate mortgage (ARM) has an interest rate that can change during the course of the loan.

The project is predictive to produce a return that exceeds the cost of capital, the NPV is favorable, and UAC ought to submit a bid.

A project is a significant, practical unit of work with educational value that is intended to achieve one or more specific learning goals. It involves problem-solving and investigation.

Initial investment = $780,000 + $75,000 = $855,000

Annual cash flow = (Revenue - Variable cost - Fixed cost - Depreciation) * (1 - Tax rate)

Year 1: ($1,275,000 - $8.50150,000 - $240,000 - $156,000) * (1-0.35) = $467,625

Year 2: ($1,275,000 - $8.50150,000 - $240,000 - $156,000) * (1-0.35) = $467,625

Year 3: ($1,275,000 - $8.50150,000 - $240,000 - $156,000) * (1-0.35) = $467,625

Year 4: ($1,275,000 - $8.50150,000 - $240,000 - $156,000) * (1-0.35) = $467,625

Year 5: ($1,275,000 - $8.50*150,000 - $240,000 - $156,000 + $50,000) * (1-0.35) = $615,000

The total of the annual cash flows' present values less the initial investment makes up the project's net present value (NPV). The present value component for every year with a discount rate of 16% is:

Year 1: 1/(1+0.16) = 0.8621

Year 2: 1/(1+0.16)² = 0.7434

Year 3: 1/(1+0.16)³ = 0.6412

Year 4: 1/(1+0.16)⁴ = 0.5523

Year 5: 1/(1+0.16)⁵ = 0.4753

Plugging in the numbers, the NPV of the project is:

NPV = -$855,000 + $467,6250.8621 + $467,6250.7434 + $467,6250.6412 + $467,6250.5523 + $615,000*0.4753

NPV = $78,402.41.

To know more about predictive visit:-

https://brainly.com/question/30499007

#SPJ1

Activity-based costing (ABC) is a costing method that assigns overhead and indirect costs to related products and services. This accounting method of costing recognizes the relationship between costs, overhead activities, and manufactured products, assigning indirect costs to products less arbitrarily than traditional costing methods. However, some indirect costs, such as management and office staff salaries, are difficult to assign to a product.

What is an activity cost in activity-based costing?

Activity based costing (ABC) assigns manufacturing overhead costs to products in a more logical manner than the traditional approach of simply allocating costs on the basis of machine hours. Activity based costing first assigns costs to the activities that are the real cause of the overhead.

To know more about activity-based costing click on the link below:

https://brainly.com/question/6654166

#SPJ1

For the following, the items have been identified as whether the tax or payments are consistent with the benefits principle or the ability-to-pay principle of tax fairness.

The benefits principle states that those who receive more benefits from public goods and services should pay more for them, while the ability-to-pay principle states that those who have more ability to pay taxes should pay more.

Taxes such as national park entrance fees, gasoline taxes, and luxury taxes are consistent with the benefits principle, while taxes such as income taxes, poll taxes, and progressive property taxes are consistent with the ability-to-pay principle.

Taxes on goods that are harmful or contribute to negative externalities, such as cigarette taxes and carbon taxes, are also typically based on the ability-to-pay principle.

Learn more about tax fairness at:

https://brainly.com/question/30961296

#SPJ1

UPS does much of the shipping for L.L. Bean by sharing information electronically in Real time.

UPS and L.L. Bean likely share information electronically through a system called Electronic Data Interchange (EDI). EDI is a standard format for exchanging business documents electronically between different companies, and it allows for the efficient and automated sharing of data, such as shipping and tracking information, between partners in a supply chain. Using EDI, UPS and L.L. Bean can electronically transmit information about orders, shipments, and inventory levels in a standardized format, which helps to reduce errors and increase efficiency in their supply chain operations. This can include information about the shipment's origin, destination, weight, and estimated delivery time, as well as any special instructions or requirements for handling the shipment. By sharing this information electronically, both companies can improve their logistics and better serve their customers.

To know more about Electronic Data Interchange:

https://brainly.com/question/29755779

#SPJ1

In the following question, among the given options and among the conditions given, Option A). A retailer generate the most sales: "A/B test"

A/B testing is a method of comparing two versions of a web page or app to determine which one performs better. A/B testing allows you to make data-informed decisions and understand the impact of changes on your bottom line. It is also known as split testing or bucket testing.

A/B testing is a powerful technique for optimizing your website, and it can be used to improve almost any element of your website, from headlines to images to button colors, and everything in between. A/B testing is a powerful way to optimize your website and increase your sales. It allows you to test and refine your marketing strategies to ensure that you are making the most of your marketing budget.

therefore the answer is Option A). A retailer generate the most sales: "A/B test"

For more such questions on retailer

brainly.com/question/25376778

#SPJ11