What are 3 scarce economic resources?

Set financial objectives, Establish a budget, Prepare for taxes and Establish an emergency fund are some of best things  that you can do for your financial future.

A current contract that calls for the delivery of a particular asset in exchange for the selling price at a particular date in the future.

If you have a written financial plan, you can work toward a measurable goal. You can reduce doubt or uncertainty about your decisions and make adjustments to help you overcome obstacles that could impede your progress because you can track your progress.

On a holistic level, financial success involves more than just having enough money and being financially stable. For the majority of us, success brings happiness and peace of mind. This can be accomplished with the assistance of setting objectives based on the things that are significant to you and your family.

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$17,500 is her commission. Tamara receives 5/100 of the entire sale if the commission is 5%. She receives 5/100 of the total amount if she sells a house for $350,000.

It should be noted that although if the national average for commission rates is between 5% and 6%, not all agents will definitely earn that amount. Different businesses could have different prices. a few independent brokerage firms, such Simple Showing.

These incentives frequently take the shape of commissions in the sales industry; a commission is an additional payment made on top of a normal salary that is determined by the volume of sales that a person contributes.

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Question:

Tamara is a real estate agent and makes 5% commission on her total sales. She sells a home that worth $350,000. What is her commission? A) $17 B) $175 C) $1,750 D) $17,500

In business, ethical decision-making is a strategy that prioritizes moral principles as a set of criteria rather than economic considerations in making business decisions.

Laws often guide business ethics, but business ethics can also provide basic guidelines that businesses can follow to gain public recognition.

Business ethics refers to the implementation of good business policies and practices, perhaps in relation to controversial issues.

Issues that arise in ethics discussions include corporate governance, insider trading, bribery, discrimination, social responsibility, and fiduciary duty. Laws typically set the course for business ethics and provide basic guidelines that businesses can follow in order to gain public recognition.

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The opportunity cost of the nuclear buildup due to scarcity, as explained by Dwight Eisenhower, was that resources, both financial and human, that would have been used to fund other projects or initiatives were instead diverted to the nuclear buildup.

This, in turn, limited the ability of the government to fund other programs and initiatives that may have been of economic and social benefit.

The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost."

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However, "demand-pull" inflation occurs when this increase in demand exceeds an economy's production capacity and puts a strain on resources.

There are four distinct types of inflation based on speed: hyperinflation, galloping, walking, and creeping.

Cost push inflation is when prices for inputs like labor, raw materials, and so on rise. The supply of these goods decreases as a result of the increased cost of the production factors.

When the cost of goods and services rises steadily over a long period of time, you lose your ability to buy them. There are many things that can cause high inflation. However, economists frequently classify the underlying causes into two groups: Cost-push inflation and demand-driven inflation.

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Audit firms are increasingly considering the operational data such as production logs, customer relationship management data, and supply chain data to provide a more comprehensive view of an organization's financial health.

By incorporating this data into an audit, companies are now able to detect the anomalies that could indicate fraud or errors. In addition, supply chain data can provide information about the sources of supplies and the costs of those supplies, helping to identify potential errors in the cost reporting. Ultimately, by incorporating operational data into the audit process, companies are able to uncover potential problems that might otherwise go undetected.

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Generally speaking, when calculating taxable income, a US corporation may deduct 50% of dividends received from other US firms.

All of the company's issued and outstanding capital stock is owned exclusively by the shareholder, and no other individual has any legal authority to purchase capital stock on the company's behalf.

She is the only survivor of the disaster, and she is also the only single person. The word "sole" can also refer to a single person or group: The group took sole control of the top spot.

A shareholder is an individual or organization that has made a financial commitment to a firm in exchange for a "share" of ownership. Common or preferred shares that the corporation has issued and that the shareholder holds (or owns) serve as a representation of such ownership.

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Every organization or company will have a different basic SWOT analysis. This is because each organization has different goals, challenges, visions and missions.

In economy and business, SWOT (strengths, weaknesses, opportunities, and threats)  analysis generally can be described as a strategic management technique and also strategic planning used to help a company or organization identify  Opportunities, Strengths, Weaknesses, and Threats related to project planning and also business competition. SWOT (strengths, weaknesses, opportunities, and threats)  analysis sometimes called situational assessment or situational analysis. Each organization or company have their own SWOT analysis through their vision.

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Although expensive to develop, nuclear power facilities are comparatively inexpensive to operate. As a source of power, nuclear energy competes with fossil fuels in many locations.

The system cost of bringing supply from any source up to par with real grid demand is another economic factor. The cost of the system is small for dispatchable sources like nuclear power, but it increases for intermittent renewables whose production depends on sporadic inputs from the sun or wind. The system expenses quickly exceed the actual cost of generating electricity from those sources if the fraction of such renewables rises over a nominal percentage of the total. This is modelled in a 2019 OECD Nuclear Energy Agency research, is extremely obvious in Germany, and is a crucial factor in source comparisons beyond the LCOE (see section below on Other costs).

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George has been selling 5,000 T-shirts per month for $8. 50. When he increased the price to $9. 50 he sold only 4,000 T-shirts. The demand elasticity is -0.2

Demand Elasticity is inelastic if the elasticity is less than 1, which means that the quantity demanded does not change significantly as a result of changes in price. A markup is a distinction between cost and price

The following formula can be used to determine the demand elasticity:

Demand Elasticity = (% Change in Quantity Demanded) / (% Change in Price).

Demand dropped from 5,000 to 4,000 units as the price rose from $8.50 to $9.50, so:

Demand Elasticity = (-1,000/5,000) / (1/8.50) = -0.2.

Knowing the marginal cost, which is $4 per shirt, can help us determine the needed markup. Given that markup is a distinction between cost and price, the following formula can be used to determine the appropriate markup:

The desired markup = Price - Marginal Cost

Suppose the cost is $9.50 and the price is $9.50.

Markup = 9.50- 4

Markup = 5.50

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A Chart control is a time-ordered plot of representative sample statistics. Pairs of control charts are used for variable data.

A graph called a control chart is used to examine how a process changes over time. The data are plotted chronologically. A control chart always has an upper line for the upper control limit, a lower line for the lower control limit, and a central line for the average. The data from the past are used to determine these lines. You can determine whether the process variation is consistent (under control) or unpredictable (out of control, influenced by specific causes of variation) by comparing the current data to these lines. This adaptable instrument for data collection and analysis is regarded as one of the seven fundamental quality tools and can be utilized by a variety of industries.

The process's average, or the centering of the data distribution, is tracked in the top chart. The range, or the width of the distribution, is tracked by the chart at the bottom. If your data were shots taken during target practice, the average indicates where the shots cluster, and the range indicates how tightly they cluster. Single control charts are utilized for attribute data.

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If the CPI was 108.00 in 1942 and is 336.96 today, then $10 in 1942 purchased the same amount of goods and services as  $31.20 purchases today.

A consumer price index is a price index that measures the cost of a weighted average market basket of consumer products and services purchased by households. Variations in the measured CPI reflect changes in pricing over time. A CPI is a statistical estimate based on the prices of a sample of typical products whose prices are gathered on a regular basis.

Sub-indices and sub-sub-indices for various categories and sub-categories of products and services can be computed and aggregated to generate the overall index, with weights indicating their portions of the total consumer expenditures covered by the index. It is one of numerous price indexes calculated by most national statistics organizations.

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The reelection of the current directors of the ABC corporation will least likely be found as an attractive element in the portfolio of the investment adviser of GEMCO Special Situations Fund. Therefore, the option C holds true.

A portfolio which has been created with the specific purpose of making investments in companies having special situations in their operations will not invest in the ABC corporation if they have reelected their current board of directors. This is because, reelection of the directors is not attractive or a special situation, as it takes place during regular intervals.

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The movement of cash (funds) from a lender to a borrower and back to the lender is the money cycle.

Who participates in the cycle of​ money?

The lender and borrower participates in the cycle of money.

What is the objective of a financial​ transaction?

An agreement or communication between a buyer and seller to exchange goods, services, or assets for payment is a financial transaction. A change in the financial situation of two or more businesses or individuals is the result of any transaction.

The stages of a person's financial life are as follows: preservation, distribution, and accumulation Your risk tolerance and current life stage should guide your investment decisions.

Because it has a direct impact on stocks and bonds as well as profits and corporate earnings, an understanding of the economic cycle can assist investors and businesses in determining when to invest and when to withdraw their funds.

There are only two types of money, despite the fact that money can take on a remarkable variety of forms: money that does not have an intrinsic value and money that has one. Money that isn't used as currency is called commodity money. Commodity money can be seen in federal prisons in the form of mackerel.

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The inefficiency of monopolies cannot be reduced through price discrimination.

Monopoly is a cooperative board game with an economics theme. Players travel around the game board by rolling two dice in order to purchase, trade, and develop real estate, including homes and hotels. Players try to bankrupt their competitors by collecting rent from them. Tax squares, Chance cards, and Community Chest cards are additional methods to win or lose money. Each time a player passes a "Go" signal, they are rewarded. They can also be detained and prevented from being released unless one of three requirements is satisfied. There are house rules, numerous spin-offs, countless editions, and connected media. With local licenses in more than 103 nations and printing in more than 37 languages, Monopoly has been ingrained in global popular culture.

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The variable cells must be connected to the objective cell either directly or indirectly. A maximum of 200 variable cells can be specified.

Cells that hold variable data that can be adjusted to accomplish the goal are known as variable cells (also known as changing cells or adjustable cells in earlier versions). Excel Solver allows up to 200 variable cells to be specified.

Variables referred to by various scopes are implemented using Cell objects. The local variables of each stack frame that accesses the value of such a variable contain a reference to the cells from outer scopes that also use that variable. For each such variable, a cell object is generated to store the value.

Variables can be categorised into two categories: numeric and category. Then, for categorical variables, nominal or ordinal subcategories are created for both discrete and continuous variables.

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The value of the price index in 2019 is 111.

What is cost record and how is it calculated?

The Customer Cost Record (CPI) measures the month to month alter in costs paid by U.S. customers. The Bureau of Labor Insights (BLS) calculates the CPI as a weighted normal of costs for a wicker container of products and administrations agent of total U.S. customer investing.

CPI = Expenditure ins Current Years / Expenditure in Base year

= 50X 0.30 + 25 x 0.25 + 25x0.15 x100 / 50 x 0.25 + 25 x 0.30 + 25 x0.10

=25X 100/22. 5

=111.11%

Hence, rate of inflation = (111.11-100)%

                                      =11.11%

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"An stated conflict involving at least two interdependent parties that see competing objectives, scarcity of resources, and outside interference with their objectives".

The goal of effective conflict resolution techniques is to prevent arguments from getting worse . You'll be better able to teach and learn from people in both the professional and personal resources if you have dispute interdependent abilities. It will be highly beneficial for every employee to get to know one another and to avoid conflicts that could result in labour disputes through effective interpersonal communication. Openness and empathy are the two aspects of interpersonal communication that are most important in reducing labour conflict.

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Given a particular level of systematic risk (beta), the capital asset pricing model provides us with an estimate of the expected return on a stock. To compensate, securities with a higher beta have higher expected returns.

The covariance between expected returns on an asset and the market divided by the variance of expected returns on the market is used to calculate an asset's beta.

The most common CAPM measure of systematic risk is beta. It measures whether a security's return is correlated with the return of the stock market as a whole. Beta can be viewed as a measure of a security's volatility in comparison to the volatility of the market.

Mathematically, the CAPM model can be represented as:

The expected return is 15.6%, and Er is equal to R f + (R m  R f).

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Consider a market where there are five buyers. The market demand is represented by the total of the individual demand amounts. The correct answer is option C.

The entire demand for all commodities and services in an economy across all marketplaces for specific goods is referred to as aggregate demand. The demand curve can be plotted using the formula Qd = a - b(P), where "Qd" stands for the amount demanded and "a" refers to all factors influencing the price other than the price of your product. Market demand refers to who wants to buy a particular product and the level of demand for it. How willing buyers are to pay a specific price for a specific commodity or service will determine this. Price rises as market demand do as well.

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b It must be a definitive estimate and as accurate as possible.

Program Evaluation and Review Technique (PERT)

The most in many instances used method in three-point estimation approach makes use of the Program Evaluation and Review Technique (PERT) model.

Three kinds of estimates are determined earlier than using their common to arrive at the common fee estimate

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The 4 important analytical techniques or fee estimation methods used to strengthen price estimates for acquisition programs are Analogy, Parametric (Statistical), Engineering (Bottoms Up), and Actual Costs.

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Elbert uses FedEx in a scheme to defraud Global Sales Company by obtaining merchandise to which he is not entitled. -Found guilty of mail fraud, Elbert can be punished by none of the choices.

According to the given statement Elbert is found guilty of mail fraud. He cannot be punished by imprisonment up to fifty years or imprisonment for up to twenty years or a fine upto $5 million.

When someone intends to commit postal fraud by delivering something that involves fraud through the mail, they are breaking the law. The use of a physical or electronic mail system to defraud another is referred to as "mail fraud" or "wire fraud" in the United States, where it is a federal crime. The federal government asserts jurisdiction if the illicit behavior spans national or international boundaries.

According to the question, Elbert utilizes FedEx to cheat Global Sales Company by receiving goods to which he is not legally entitled. In this situation, mail fraud will result in a maximum 20-year jail sentence and/or financial penalties.

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Focusers are businesses that carve out market niches and compete by offering distinctive goods or services.

Using a focus approach, you may target a certain market or group of people with your products. Focus strategy refers to the process of creating, promoting, and selling goods or services to a target market that may include a certain type of customer, a particular product line, or a particular geographic region.

A focus strategy is a way to create, advertise, and sell goods to a certain niche market, which might be a particular customer group, product line, or geographic region. A thematic approach would be centered on the development of marketing strategies for your business while attempting to forge new connections with your target market.

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The workplace of the future will be more flexible and virtual, with technology playing a larger role in how work is done.

What is workplace?
Workplace is the physical and virtual environment where people come together to work and collaborate. It includes all the tools, technology, processes, and structures that enable work to be completed and goals to be achieved. It also includes the physical workplace such as office buildings, factories, and retail centers, as well as virtual workspaces such as online meetings and virtual workspaces. It includes the processes, policies, and procedures that ensure the effective functioning of an organization and the development of its employees. Workplace also encompasses the culture, values, and practices that shape the way people interact, collaborate, and work towards common goals.

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The stakeholder group that do not engage in regular transactions with a company is option D. Government

Government refers to the organization and administration of the affairs of a community, society, or state. It typically involves the creation and enforcement of laws, the provision of public services, and the protection of citizens' rights and interests. Governments can take many forms, including democracies, dictatorships, monarchies, and federations, and can vary in their scope and level of power.

Therefore, the correct answer is as given above

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The competition in a free enterprise system is good for consumer because it allows consumer to have the ultimate voice in the economy, starting from the ultimte pices of goods, types of products needed, and whether a product is a success or a fail.

Free enterprise sytem or free market refers to an economy where the government role in the market and its intervention are limited almost to none. The government has almost zero control to the economy and allows the market to determine the products and prices.

Free enterprise system is not regulated by the government but by a set of legal rules, such as property rights, contracts, and competitive bidding. Free enterprise system beliefs that the government intervention would hinder the economy growth. Free enterprise system tends to result in capitalism.

Free enteprise system allows more freedom and aims for higher market efficiency from lower taxes and regulation. Free enterprise system ensures consumer rights and financial security and stability. Free enterprises system provides greater economic opportunities with lower entry and exit barrier to the economy. However free enterprise system might be more vulnerable to several economic crisis with no intervention from the government.

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Answer:

B

Explanation:

Net Income on the income statement is $4,190,000 in thousands of dollars.

Earnings from the sale of a company's primary goods or services are referred to as revenue. A cost incurred when producing or offering a crucial business service is referred to as an expense.

The phrase "revenue expenditure" refers to charges made by an organization in the course of routine business activities, the benefit of which will be realized in the same time frame. Examples include the cost of living, utilities, salaries, insurance, commissions, and manufacturing.

Expenses are what a company pays to run its operations. Expenses include things like pay, benefits, rent, upkeep, and depreciation. Revenue is deducted from expenses to arrive at profits.

Calculating total expenses is as follows:

$1,560,000 + $700,000 + $1,676,000 + $70,000 + $500,000 + $780,000 = $5,286,000

Pre-tax income is calculated using the following formula:

Income - Expenses (excluding income tax expense)

$7,800,000 - $3,610,000 = $4,190,000

To determine net income, use the following formula:

Income - Expenses

$7,800,000 - $5,286,000 = $2,514,000

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Answer:

hotel

Explanation:

I put this as a guess if what the answer could be

Defining the goal is the first stage in the delegation process.This is the matching definition.

What is delegation process?

Delegation is the process of assigning authority and responsibility to a subordinate in order to accomplish a task. The delegation process involves transferring some of the decision-making power and authority from the superior to the subordinate. It is an important tool for managing workload, improving efficiency, and driving results. The delegation process involves clearly defining the scope of authority and responsibility that the subordinate has been delegated and the expectations of the delegate. The superior must also provide the resources, information, and support necessary for the delegate to accomplish the task successfully.

So, The correct option is 2) defining the goal.

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Any open-market operation is when the central banking authority buys and sells securities, occasionally also commercial paper, with the goal of continuously controlling the money supply and credit conditions.

The Federal Reserve engages in open market activities, which involve purchasing and selling of government bonds. When the Federal Reserve purchases a bond from a bank, that bank gains access to funds that it can use to make loans. There will be more money available. A purchase made on the free market contributes to the economy.

To purchase or sell securities to banks, the Fed uses open market operations. The Fed gives banks additional money to hold as collateral when it purchases securities, which

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