Suppose you are an analyst in the oil refinery industry and are responsible for estimating the equilibrium price and quantity of home heating oil. To do so, you must consider factors that can affect the supply of and demand for heating oil. Determinants of the demand for heating oil include household income, the price of an oil furnace (a complementary good for heating oil), and the price of natural gas (a substitute good for heating oil). Determinants of the supply of heating oil include the cost of crude oil and the cost of refining crude oil into home heating oil.
Answers
Please find attached full question
Answer and Explanation:
Equilibrium price refers to the price in the market at which quantity demanded equal to quantity supplied. The price is indicated by the price level where the demand and supply curve intersect. We see that the price in our graph is $40 where demand and supply intersect
Equilibrium quantity is the quantity in the market where the quantity demanded is equal to quantity supplied. This is indicated by the quantity that meets the intersection in the graph. Our equilibrium quantity is therefore 80000 barrels
Related Questions
People might choose to use a debit card rather than cash for purchases because
they do not want to carry around large amounts of cash.
Otheir banking institutions charge high fees for cash withdrawals.
O most items cost less when purchased with a debit card.
O debit cards have a higher value than cash and can buy more.
Answers
Answer:
they do not want to carry around large amounts of cash.
Explanation:
Debit cards are comparable in appearance to credit cards. The difference is that debits cards draw funds directly from the customer's account. It means that if the customer does not have sufficient funds in their account, a debit card transaction will not go through. Paying with a debit card is 'almost like' paying cash, only that the funds are held in a bank account.
People choose to carry and pay with debit cards to avoid moving around with a lot of cash. Debit cards reduce the risk of carrying a lot of cash.
Answer:
A
Explanation:
Edge
According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor
Answers
Answer:
an Agent
Explanation:
just answered it and got correct
Answer: Agent
Explanation: just got it right on edge
advantages of recruiting senior managers from within the company
Answers
Answer:
Advantages of internal recruitment
Reduce time to hire. ...
Shorten onboarding times. ...
Cost less. ...
Strengthen employee engagement. ...
Create resentment among employees and managers. ...
Leave a gap in your existing workforce. ...
Limit your pool of applicants. ...
Result in inflexible culture.
1.You Already Know Internal Candidates
Explanation: External candidates for a job come with a significant amount of risk. Even when they come highly recommended from reliable sources, there’s still a chance that they’re not going to measure up, stick around, or fit the culture. According to a CareerBuilder survey, the average cost of a bad hire can be as much as $11,000 in small businesses (fewer than 500 employees) and up to $24,000 in large businesses (more than 1000 employees).
2. In-House Recruitment Costs Less to Hire
Explanation: A major benefit of hiring internally is that not only do you avoid a lot of the cost and risk of a bad hire, but you also save on other costs during the onboarding processes. Internal hiring reduces cost because you don’t have to post—and pay for—adds on job boards, use resume databases to find employees, or pay for background checks on internal hires. Presumably, if your internal hires needed a background check, they should already have one.
3. Internal Candidates Already Know the Company
Explanation: Likewise, internal candidates already know whether or not they like the company—they’ve already decided whether or not it’s worth sticking around. If they’re applying for an internal position, it’s usually a sign that they’re willing to invest more career time into your organization. Otherwise, they would be applying for jobs elsewhere. This means you’re less likely to have to replace them soon after hiring because the job, the team, or the organization wasn’t what they expected.
4. Internal Candidates Are Easier to Find
Explanation: In-house recruitment can be much easier. You can broadcast the open position to the whole company in minutes if you choose; then, interested employees know where to take their resume and information if they want to apply. While you may still see some unqualified candidates and have to do a little sifting, your options are usually far better, and the applications come in with much less effort.
Differentiate organizing from organization
Answers
Explanation:
Organizing comes from the word organize which means to arrange for something to happen or to be provided
Organization is a group of people who form a business together in order to achieve a particular aim or goal
Which economic tool would most likely be used as part of an expansionary
monetary policy?
O A. Selling treasury securities
B. Raising the reserve requirement
C. Reducing the discount rate
D. Increasing interest on reserves
Answers
Answer:
C. Reducing the discount rate
Explanation:
Expansionary monetary policies are macroeconomic undertakings by the Federal Reserve that aim at stimulating economic growth in the economy. Expansionary policies result in an increased flow of money in the country, which increases the aggregate demand.
The discount rate is the rate at which the Federal Reserve (the Fed ) charges commercial banks for advancing them credit. Reducing the discount rate makes loans from the Fed more affordable. Commercial banks will opt to borrow from the Fed at lower rates and lend out to households and firms at a higher interest rate, thereby making profits. Reducing the discount rate increases the money available for banks to lend out. Households and businesses will borrow this money for development and investments, which ignites economic growth.
Answer:
reducing the discount rate
Explanation:
ap3x
If an owner gives personal tools to the business, how is the transaction recorded?
Answers
As an additional investment by the owner recorded on the basis of fair market value.
How would you explain the large increase in 2019 dividends? The large increase in free cash flow from 2018 to 2019 explains the large increase in 2019 dividends. The large increase in net income from 2018 to 2019 explains the large increase in 2019 dividends. The large increase in EBIT from 2018 to 2019 explains the large increase in 2019 dividends. The large increase in sales from 2018 to 2019 explains the large increase in 2019 dividends. The large increase in retained earnings from 2018 to 2019 explains the large increase in 2019 dividends.
Answers
Answer: The large increase in free cash flow from 2018 to 2019 explains the large increase in 2019 dividends
Explanation:
Dividends are the rewards that are given to the shareholders of a company which can be in form of cash, stock etc.
The dividend for the company in 2018 was lower while the 2019 dividend was much higher. The reason for the large increase in the 2019 dividend is due to the increase in the free cash flow from 2018 to 2019.
It should be noted that free cash flow simply means the cash that remains when the company has paid for its expenditures. In this case, since the amount left is large, it also invariably resulted in a larger dividend in 2019.
Answer:
adnjankasaaadadaa
Explanation:
In the fives C’s, how is cost different from price?
At includes the company's operating costs
Bit makes it easier to promote the product
It reduces the company's operating expenses
Dit includes all of the costs related to the product
Answers
Answer:
it includes all of the costs related to the product
Explanation:
in fives C, cost represent the total value of economic sacrifice that a business have to made in order to create the product. It includes things like the cost of materials, the amount of salary that need to be made to pay the employees who made it, the amount of money needed to operate machines to make it, etc.
Price on the other hand, is the amount of payment / compensation that the business expect from customers in exchange of obtaining the product. As a general rule to generate a profit, the Total price need to exceed the amount of cost of that product.
Fifty (50) years ago, scientists used computers that filled up an entire room.
O True
O False
Answers
Answer:
true
Explanation:
_________obtain goods from manufacturers and sell them to consumers.
Answers
Answer:
market?
Explanation:
cause in the end it says sell them
Answer: sellers
The producer is the manufacturer of the item/product.
The seller is the person who buys the item from the manufacturer.
The consumer is the one who buys the item again from the seller.
Hope this helps you!
How does cultural knowledge help a company achieve success?
Answers
3 . Relationship between tax revenues, deadweight loss, and demandelasticity
The government is considering levying a tax of $60 per unit on suppliers of either concert tickets or bus passes. The supply curve for each of these two goods is identical, as you can see on each of the following graphs. The demand for concert tickets is shown by DC (on the first graph), and the demand for bus passes is shown by DB (on the second graph).
Suppose the government taxes concert tickets. The following graph shows the annual supply and demand for this good. It also shows the supply curve ( S+Tax ) shifted up by the amount of the proposed tax ($60 per ticket).
On the following graph, use the green rectangle (triangle symbols) to shade the area that represents tax revenue for concert tickets. Then use the black triangle (plus symbols) to shade the area that represents the deadweight loss associated with the tax.
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Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax’s sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $300,000. During 2021, Halifax sold merchandise on account for $11,500,000. Halifax’s merchandise costs it 65% of merchandise selling price. Also during the year, customers returned $450,000 in sales for credit, with $250,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 4% of sales, are recorded as an adjusting entry at the end of the year. Required: 1. Prepare the entry to record the merchandise returns and the year-end adjusting entry for estimated returns. Note: Record the estimated returns at net amounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account f
Answers
Answer:
1. Prepare the entry to record the merchandise returns and the year-end adjusting entry for estimated returns.
to record returns from last year's sales:
Dr Refund liability 250,000
Cr Accounts receivable 250,000
Dr Inventory ($250,000 x 65%) 162,500
Cr Cost of goods sold 162,500
to record return liability for current year's sales:
Dr Sales returns and allowances ($11,500,000 x 4%) 460,000
Dr Refund liability 460,000
Dr Refund liability 200,000
Cr Accounts receivable 20,000
Dr Inventory ($200,000 x 065%) 130,000
Cr Cost of goods sold 130,000
What happens when sellers compete with other sellers to meet consumer's demands, and consumers compete with other consumers to find the goods with the lowest cost and the highest quality? Multiple select question. Markets are efficient. Markets are competitive. Markets are regulated.
Answers
Answer:
Markets are competitive.
Explanation:
In the competitive market, the number of sellers competed with each other in terms of prices, quality, maximize the market share.
In the given situation, various sellers are competed with each other for meeting out the consumer demands also at the same time it offers the goods at lowest cost and highest quality so that it capture the whole market
Therefore the second option is correct
A trait is a character quality. True or False
Answers
Answer:
true
Explanation:
Which of the following is most likely to be a primary data source:
a. A sales invoice
b. A customer record
c. An expense report
d. A customer survey
Answers
Answer:
d. A customer survey
Explanation:
Data collected by researchers for the first time for a specific study is primary data. A customer survey is a method of collecting primary data. A customer survey gathers information on the research topic directly from respondents.
Primary data like surveys are costly and consume time to collect, unlike secondary data. Other methods of collecting primary data include administering questionnaires, direct or indirect personal interviews, field observations, and experiments.
Which of the following is the basis of all slides in a presentation?
O Placeholders
O Slide Masters
O Theme
O Variant
Answers
Explanation:
The Placeholders is the basis of all slides in a presentation.
The Placeholder is a feature on the presentation interface which is a pre-formatted content for text, graphics, video, clip arts etc
The Placeholder allows the user to format their slides easily and consistently.
Therefore, the Option A is correct because the Placeholders is the basis of all slides in a presentation.
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What is TRUE about government regulations in the United States when it comes to financial institutions?
A. There are no government regulations for international banking.
B. Electronic fund transfers (EFT) are only regulated if they are made in commercial banks.
C. The government regulates which types of financial accounts are eligible for FDIC insurance.
Answers
The answer to this question is C.
The reason for this is: Federally regulated entities include all banks in Canada, and all federally incorporated or registered trust and loan companies, insurance companies, cooperative credit associations, fraternal benefit societies and private pension plans. OSFI’s scope of regulation does not include consumer or consumer-related issues or the securities sector, which are the responsibility of other agencies, both federal and provincial.
Electronic fund transfers (EFT) are only regulated if they are made in commercial banks. This is true about government regulations in the United States when it comes to financial institutions. Hence, Option B is correct.
What are electronic fund transfers?From one bank to another bank, the movement of money is done digitally without the help of a bank employee. This is called electronic fund transfers.
With the increase of business and transactions related to it, more and more usage of smart phones and other factors have also increased electronic fund transfers.
Therefore, Option B: Electronic fund transfers (EFT) are only regulated if they are made in commercial banks is correct.
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A business buys motors that it uses to make blenders and mixers. The motors are an example of?
Answers
Answer:
components
Explanation:
Components are goods used as materials in manufacturing other products. They are finished products in the real sense but are used as parts in making other products. Components are usually by an original equipment manufacturer and sold to other manufacturing companies or consumers as spare parts.
Motors are complete goods manufactured by an original equipment manufacturer. The manufacturer sells the motors as components to be used in the production of blenders. The motors are, therefore, material used in the making of blenders.
Why could the invention of new technology lead to new business ideas?
Answers
Answer:
Why could the invention of new technology lead to new business ideas?
Explanation:
1. Which of the following is an essential element of responsible behavior:
Group of answer choices
a Compassion
b Hopefulness
c Decisiveness
d Positivity
2 Why can fairness be a tricky concept?
Group of answer choices
a It doesn’t always mean getting your own way.
b Most people don’t want to be fair.
c Nothing is ever truly fair.
d It means something different in every culture.
3 Part of accountability is
Group of answer choices
a being fair.
b treating others kindly even if they are different from you.
c making judgments based on fact rather than opinion.
d doing what you say you will do.
4 Displaying personal responsibility requires someone to have strong
Group of answer choices
a ethics.
b friendships.
c writing skills.
d professional experience.
5 For places such as work or school to function smoothly, everyone must
Group of answer choices
a talk about their feelings.
b have a sense of social responsibility.
c pay their taxes on time.
d agree on the same solutions.
6 Acting responsibly includes
Group of answer choices
a making sure your classmates succeed.
b joining an athletic team.
c applying for leadership positions.
d following the rules.
7 Telling the truth can sometimes be difficult because
Group of answer choices
a the truth usually causes trouble.
b lying is easier than facing the consequences.
c people like lies more than the truth.
d the truth doesn’t help you get ahead in life.
8 When you make a mistake, the responsible thing to do is
Group of answer choices
a determine where to lay the blame.
b admit it.
c quit the project.
d try to fix it before anyone finds out.
Finishing tasks with care means that
Group of answer choices
a the tasks are completed on time.
b your project will succeed.
c your teacher or boss is happy.
d the tasks have been triple checked.
Acting appropriately means
Group of answer choices
a never hurting anyone’s feelings.
b treating others with respect even when they’re being annoying.
c making sure everyone is happy with you.
d putting up with however anyone wants to treat you.
Answers
Answer:
1. C
2. D
3. D
4. A
5. B
6. D
7. B
8. B
9. A
10. B
1. The essential element of responsible behavior is Compassion. Responsible behavior involves showing empathy and understanding towards others, considering their needs and feelings. Option A is the correct answer.
Compassion is an essential element of responsible behavior because it fosters a sense of connection and consideration for others, leading to a more harmonious and supportive environment.
2. Fairness can be a tricky concept because It doesn't always mean getting your own way. Fairness requires considering the perspectives and needs of others, which may not align with one's own desires or preferences. Option A is the correct answer.
Fairness may involve reconciling conflicting interests and finding compromises. When there are competing needs or desires, it can be difficult to find a solution that satisfies everyone.
3. Part of accountability is doing what you say you will do. Being accountable means taking responsibility for one's actions and following through on commitments and promises. Option D is the correct answer.
When everyone in a team or community follows through on their commitments, it creates a positive and productive environment. It fosters a culture of accountability and reliability
4. Displaying personal responsibility requires someone to have Ethics. Personal responsibility involves making ethical decisions and taking ownership of one's actions and choices. Option A is the correct answer.
Displaying personal responsibility through ethical behavior enhances our trustworthiness and credibility. When we consistently act in accordance with ethical principles, others perceive us as reliable, honest, and dependable.
5. For places such as work or school to function smoothly, everyone must have a sense of social responsibility. Social responsibility means recognizing the impact of one's actions on others and acting in a way that promotes the well-being of the community or organization. Option B is the correct answer.
A sense of social responsibility is essential for the smooth functioning of places like work or school. It promotes collaboration, teamwork, respect, empathy, accountability, reliability, and the overall well-being of the community
6. Acting responsibly includes following the rules. Responsible behavior involves adhering to established rules, guidelines, and expectations to ensure the safety and well-being of oneself and others. Option D is the correct answer.
By following rules, we set a positive example for others to follow. Our responsible behavior can inspire others to act responsibly as well, creating a ripple effect that promotes a culture of accountability and respect.
7. Telling the truth can sometimes be difficult because Lying is easier than facing the consequences. It can be challenging to tell the truth when it may lead to negative outcomes or repercussions. Option B is the correct answer.
Honesty is the foundation of trust in relationships, whether they are personal or professional. By telling the truth, we demonstrate integrity and reliability, which fosters trust with others.
8. When you make a mistake, the responsible thing to do is Admit it. Taking responsibility for one's mistakes involves acknowledging and accepting the error, and being willing to learn from it and make amends. Option B is the correct answer.
Admitting mistakes builds trust and credibility with others. When we are honest about our shortcomings, it shows that we are sincere and reliable.
9. Finishing tasks with care means that the tasks have been Triple checked. Finishing tasks with care involves thoroughness and attention to detail to ensure that the work is completed accurately and to the best of one's ability. Option C is the correct answer.
Triple-checking tasks is an important step in maintaining a high standard of quality. By reviewing the work multiple times, we can identify areas that may need improvement or refinement. This helps to ensure that the final product or outcome is of the highest possible quality.
10. Acting appropriately means Treating others with respect even when they're being annoying. Acting appropriately involves considering the feelings and rights of others, even in challenging situations, and treating them with respect and courtesy. Option B is the correct answer.
Treating others with respect, even when they're being annoying, can help in resolving conflicts more effectively. It allows for open and constructive communication, where both parties feel heard and valued.
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Preston wants to be an accountant. When he decides on a college education, which would be the best choice for this career?
community college with an earned associate’s degree
state college with an earned bachelor’s degree
graduate school with an earned master’s degree
graduate school with an earned doctorate degree
Answers
Answer:
Your answer is A. community college with an earned associate’s degree.
Explanation:
Bookkeeping, Accounting, and Auditing Clerks require less education. They often have a high school degree and sometimes an associate degree or vocational education or experience.
Preston wants to be an accountant. When he decides on a college education, community college with an earned associate’s degree would be the best choice for this career. Thus, option (a) is correct.
What is career?The term career is related to the experience and knowledge gain in person life. The career are set is beneficial for person in future life. Career are built with the help of different courses. The career built with the help of good education, developed skills, and more experience of work life. A person career are create good personality.
According to the case, the Preston was the interested to the accountant. Preston was the decided the on a college education was the best choice of the career is the community college with an earned associate’s degree or occupation education or occurrence. The accounting was the related to the entry of the bookkeeping.
As a result, the significance of the career are the aforementioned. Therefore, option (b) is correct.
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_____ was withheld specifically for the tax that is used to pay for a healthcare program.
_____ was withheld for the payroll tax that specifically supports retired and disabled citizens.
_____ If this individual made more money, the amount withheld for Social Security would
Answers
Answer: First : 612.65$
second : 2567.45$
Third : Increase
Explanation: i did this by self its surity
Answer:
Answers
First Sentence: $612.65
Second Sentence: $2567.45
Third Sentence: Increase
Explanation:
Edgen 2020
What is social responsibility?
Answers
Answer:
it is things you should do as a person
Explanation:
ex- vote
Answer:
Togetherness
Explanation:
The thought that people need to work together despite differences so they can benefit society as a whole.
What are some typical roles filled by the construction manager? (Select all that apply.)
responding to emergencies
designing exterior spaces
preparing budgets
conducting structural calculations
establishing a project timetable
Answers
Answer:
Construction managers typically do the following:
1. Prepare cost estimates, budgets, and work timetables.
2. Interpret and explain contracts and technical information to other professionals.
3. Report work progress and budget matters to clients.
4. Collaborate with architects, engineers, and other construction specialists.
Explanation:
A federal tax is paid to:
A. the state government only.
B. the federal government only.
C. both the federal and state government.
D. international government organizations.
Answers
Answer:
I think it's B. and C. but I really think it's B. the federal government only.
A federal tax is paid to the federal government only. Thus, the correct answer is option B.
What is the federal tax?
Federal taxes are levied by the federal government rather than the state or local governments. The most typical sorts of federal taxes we will encounter are personal income tax and payroll tax. If the government does not use federal tax income properly, it will have a negative impact on the economy.
The Internal Revenue Service (IRS) levies a federal income tax on the annual profits of individuals, businesses, trusts, and other legal entities in the United States. Wages, salaries, commissions, bonuses, tips, investment income, and certain types of unearned income are all subject to federal income taxes as part of a taxpayer's taxable income.
Therefore, the federal government is responsible for collecting the federal tax.
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How has banking changed in the past 200 years of our nation's history?
Answers
Banking has changed in the past 200 years of our nation's history because:
Everything is digitized and more efficientBanking is the institution which basically keeps money of its customers and allows them to perform financial transactions, collect overdrafts, send and receive money, give interests and many more.
As a result of this, we can see that there are differences in how banking was two hundred years ago and today. Back then, banking was not digitized as people exchanged money by hand and stored their money wherever they felt was safe for them.
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Revise the following sentences to conform to standard business communication principles. Add appropriate details as needed to complete the ideas. First, identify the error(s): if you want to order a copy of the training video call
Answers
Answer:
If you would like to purchase or rent a copy of the training video call please contact me.
Explanation:
you want to be as professional as possible
HELP NOW PLEASE!!!! Which of the following distinguishes skilled workers in modern manufacturing from workers in Winslow Taylor’s time? (Select all that apply.)
collaboration
machine operation
teamwork
engineering skills
Answers
Answer:
engineering skills
teamwork
machine operation
odyssey
Explanation:
sorry if it's not right
Frank is already taking advantage of his employer benefit package but wants to find
options to save for retirement that offer tax incentives. Which of the following should
Frank explore?
A. Contribution matching
B. Lower interest
C. Opt in or opt out
D. Roth IRA