If a company increases its sales price per unit for Product A the new breakeven point will O A remain the same O B. decrease O C. increase O D. More information is needed

Answers

Answer 1

If a company increases its sales price per unit for product A new breakeven point will remain the same.

What is a breakeven point?

The breakeven point (breakeven price) for a trade or investment can be calculated by comparing an asset's market price to its purchase price. When both prices are the same, the breakeven point is attained. By dividing the entire fixed costs associated with production by the revenue per unit less the variable expenses per unit, the breakeven point (BEP) formula in corporate accounting is calculated. The costs that remain constant regardless of the number of units sold are referred to in this sense as fixed costs. In many circumstances, breakeven points (BEPs) are helpful. At that price, the homeowner would make exactly break even and would not lose money.

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Related Questions

What do Investors use the income statements of organizations for?
Investors use income statements of organizations to calculate ____
1. Financial statements
2. Financial journals
3. financial ratios
such as the business's operating margin, and
1. Turnover ratio
2. Profit Margin
3. ROA

Answers

it would be financial ratios with ROA

Answer:

financial ratios and profit margins

Explanation:

What is NOT true of chicken and beef production? * 1 point a. More than seven times as much grain is required to produce 1 kg of beef than 1 kg of poultry. b. More than 1 calorie of energy is needed to produce 1 calorie of beef or chicken. d. The energy content of 1 kg of beef is equal to the energy content of 1 kg of poultry. d. Grain fed poultry and cattle are both primary consumers.

Answers

Option d, The energy content of 1 kg of beef is equal to the energy content of 1 kg of poultry.

The energy content of 1 kg of beef is generally greater than the energy content of 1 kg of poultry. Beef contains more fat, which has a higher energy content than protein. Additionally, it takes more energy to produce a kilogram of beef than a kilogram of poultry because of the differences in the feed and resources required to raise cattle versus chickens.

The other options are true: More than seven times as much grain is required to produce 1 kg of beef than 1 kg of poultry. More than 1 calorie of energy is needed to produce 1 calorie of beef or chicken. Grain-fed poultry and cattle are both primary consumers.

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A chord of length $6$ units divides a circle into two distinct areas. If the circle has a radius of 6 units, what is the area of the larger region, in square units

Answers

There are two resemblant passions of length, 8 cm and 6 cm. The distance of the radius of a circle between the center and the shortest passion( 6 cm passion) is 4 cm.

So, the vertical distance from the center to the shortest passion is 4 cm. The vertical line from center to passion divides passion into two equal corridors. So, the compass of the circle is under square 32 42 =  5. Since the compass is 5.  The distance from the center to the largest passion is under square 5square- 4square =  3.

The radius of a circle is the distance from the center of the circle to any point on its circumference. It's generally denoted by' R' or' r. This volume has significance in nearly all circle-related formulas. The area and circumference of a circle are also measured in terms of the compass.

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Why is a mixed economy the most common?

Answers

It is currently the most prevalent type of economy in existence. The majority of the minor developed and emerging nations, in addition to all of those major ones, have mixed economies.

What does the term "developing nations" mean?

A developing country, also known as a less advanced world or an emerging market, has a GDP that is lower than that of developed countries and an economy that is less developed and complex.

What is an illustration of a developing country?

List and Illustrations of Developing Nations. Examples of developing nations that have encountered challenges on their way to becoming fully developed nations include Micronesia, Sudan, and Cambodia.

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2. What type of photographer is generally defined by the fact that they are hired on a per-project basis and not formally attached to any one employer or field

Answers

The practice of providing photographs on a contract basis for various clients or as a self-employed photographer is known as freelance photography.

How much education is required?

The majority of freelance photographers have a degree in photography, despite the fact that no formal training is required. A portfolio of high-quality work is more important than academic credentials when selecting clients. As apprentices for seasoned photographers, some gain knowledge of the creative as well as the technical aspects of the industry.

What exactly are duties?establishing a time and location for a photoshoot through communication with customers.managing and taking care of photography gear.modifying images.sending pictures to the right people.managing sessions for photography.

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Freelance photographers are generally defined as employed on a project basis and not formally associated with an employer or sector.

What are types of photographers?

Travel photographer. Newspaper photographer. Paparazzi photographer. Macro photographer. Micro photographer.

What is a commercial photographer?

A commercial photographer is someone who takes images that help clients sell their products and services. You can work alone or as part of a team. Working alone, they are often tasked with creating concepts that help bring their clients' visions to life.

What is non-commercial photography?

Non-commercial photography includes staged engagement and wedding photos (if the wedding is offsite), family portraits, graduation and class photos, student projects, and more.

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Refer to Figure 6-18. The price that buyers pay after the tax is imposed is
a. $8.
b.10
c.16
d.24

Answers

Given that it is a maximum price set by the government that is less than the equilibrium price, a price ceiling of $6 would be legally binding.

What sort of example would a government-imposed price of $12 be in this market?

Answer d is the right one. pricing cap that is restrictive and causes a shortage. The $12 set by the government is less than what is offered on the market. As a result, because it is below the market price, this price ceiling also has legal force.

When is a market enforced a binding price floor?

According to the Corporate Finance Institute, a necessary price floor is created when the government sets a price above equilibrium for an item or collection of goods. since it is required by law that prices remain unchanged

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Which of the following individual achievements is not suitable to include in a college application?

1. president of high school debate team

2. Grade 6 spelling bee champion

3. Chamber of Commerce outstanding volunteer award

4. varsity letter in track and field

15 points instead of 10.

Answers

Answer:

Grade 6 spelling bee champion

Explanation:

it is not relevant by the time you are applying for college, and does not say very much about you as a person & what you like to do.

Answer:

Grade 6 spelling bee champion

Explanation:

Colleges only look at achievements during or after high school.

Joe received a W-2 from his employer that showed he earned $ 45,000 in wages last year. He received a
1099 -INT from his bank that showed he earned $ 500 in taxable interest last year. Joe is single and no one
can claim him as a dependent.
1
Wages salaries, and tips. This should be shown in box 1 of your Form) W-2
Anach your Form() W-2
1
Income
Attach
Form(s) W-2
here.
Enclose, but do
payment
2
Taxable interest. If the total is over $1.500. you can use Form 1040EZ
2
3 Unemployment compensation and Alaska Permanent Fund dividends (see instructions),
3
4
s
Add lines 1, 2 and 3. This is your adjusted gross income.
If someone can claim you (or your spouse if a joint retum) as a dependent, check
the applicable borſes) below and enter the amount from the worksheet on back
You
Spouse
If no one can claim you (or your spouse if a joint return), enter 510,000 if singles
$20,000 if married filing Jointly. See back for explanation
Subtract line from line 4. If line 5 is larger than line 4, cater-
This is your taxable income.
5
6
6
Use the 1040EZ form shown above to calculate Joe's taxable income for last year.
A. $ 0
B. $ 35,000
C. $35,500
D. 55.500

Answers

it is b i thinkk

nrfdohyou

An organization's code of conduct is a(n) Multiple choice question. declaration of personal values. official projection of growth. written code of ethics. record of corporate business.

Answers

An organization's code of conduct is a record of corporate business. The corporate business is also known as corporation organization in which a group of company and ruled by state government.

The corporate business is an organization in which the group of individual equity holder or share-holder and company director forms a single organization and also the company which is authorized by the government of country.

To work in the corporate business in which strong relationships by the share-holder and having multiple skills.

The code of conduct is an organization is a record of any corporate business or corporation industry. The code of conduct is an rules and regulations which is followed by every individual in the particular company.

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The bookkeeper prepared a check for $58 but accidentally recorded it as $85. When preparing the bank reconciliation, this should be corrected by: Select one:

Answers

The book balance is increased by $27. The cheque was written for $58 but was mistakenly recorded as $85. reconciling the bank statements

What does it entail to reconcile?

the process of rekindling friendship between two parties or groups after a dispute or fight. [noncount] The conclusion of the trade deal was hailed as a sign of amity between the two nations.

What does the Bible mean by reconciliation?

The Greek word for "reconciliation" actually implies to fully alter. The Bible says in Colossians 1:20–22 that sinners are enemies of God and one another in their hearts because of their evil deeds, but that God has made restitution through the sacrifice of Jesus.

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A system of managed floating exchange rates is A. a system in which governments use flexible exchange rates. B. a system in which governments are forbidden from attempt to moderate exchange rate movements without keeping exchange rates rigidly fixed. C. a system in which governments use extensive fiscal policy to discourage exchange rate movements. D. a system in which governments need to reach a prior agreement among them before they may attempt to moderate exchange rate movements without keeping exchange rates rigidly fixed. E. a system in which governments may attempt to moderate exchange rate movements without keeping exchange rates rigidly fixed.

Answers

Answer:

E. a system in which governments may attempt to moderate exchange rate movements without keeping exchange rates rigidly fixed.

Explanation:

Foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.

For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis that states that asset (share) prices reflect all information and it is very much impossible to consistently beat the market.

Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

A system of managed floating exchange rates is a system in which governments may attempt to moderate exchange rate movements without keeping exchange rates rigidly fixed. It is also referred to as managed float regime and it avails the central bank of a particular country to regularly intervene in the foreign exchange market so as to positively change the direction of the currency's float while significantly shoring up its balance of payments with respect to volatility.

Answer:

E. a system in which governments may attempt to moderate exchange rate movements without keeping exchange rates rigidly fixed.

Explanation:

A system of managed floating exchange rates is a system in which governments may attempt to moderate exchange rate movements without keeping exchange rates rigidly fixed.

given ARISEs financial constraints, what, if anything, can be done to continue to attract, motivate, and retain the best employees

Answers

The leaders that are exceptional and inspirational create great workplaces. Leaders effectively guide the organisation by leading by example. They actually cherish and care about their staff.

Mutual respect, trust, honesty, and support characterise interactions between leaders and employees. "What drives me to work hard is success. What motivates me to keep going is the knowledge that my diligence and tenacity will enable me to organisation experience more professional achievement staff. The bottom line is another reason why recruiting top talent is important: happier, more engaged workers are probably more productive. Your best course of action is to impress the job applicants.

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Tracey decides to lease a car for two years. She puts $0 money down and pays $209.15 per month. At the end of the lease, Tracey can buy the car for $11 000. The selling price of the car today is $13 500. What is the total cost of the car if Tracey buys it at the end of the lease?

Answers

Answer:

$16,019.6

Explanation:

The amount of money Tracey puts down for the car = $0

The amount Tracey pays each month for the lease the car = $209.15

The number of years Tracey leases the car = 2 years

The amount at which Tracey can buy the car at the end of the lease, Pp = $11,000

The selling price of the car today = $13,500

The total amount Tracey pays while leasing the car for two years, L = $209.15/month × 2 years × 12 months/year = $5,019.6

The total cost of the car if Tracey buys it at the end of the lease, C = Pp + L

∴ C = $11,000 + $5,019.6 = $16,019.6

The total cost of the car if Tracey buys it at the end of the lease, C = $16,019.6.

In 2021, Ryan files as head of household and has taxable income of $75,673. None of his taxable income consists of capital gains or qualified dividends. Using the tax tables in Appendix D, his tax liability totals $ (rounded to the nearest dollar).

Answers

Using the tax tables in Appendix D, his tax liability totals is $13,843.

What is tax?
Tax
is a compulsory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures. A failure to pay, or evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent. The purpose of taxation is to finance government expenditure. In modern taxation systems, taxes are levied in money; but, in-kind and corvée taxation are characteristic of traditional or pre-capitalist states and their functional equivalents. The method of taxation and the government expenditure of taxes raised is often highly debated in politics and economics.

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A developer is hard at work on a project that would store hundreds of millions of product reviews in an Amazon DynamoDB database. The records include the following data elements shown in the table :
Name : reviewID ; starRating ; comment ; productID
Type : Number ; Number ; String ; Number
Description : 16 Digit UUID ; Integer 1-5 of user rating ; Product ID Being Reviewed
Which field, when used as the partition key, would result in the MOST consistent performance using DynamoDB?
A. starRating
B. reviewID
C. comment
D. productID

Answers

The most consistent performance using DynamoDB is review ID.

The partition key value is used by DynamoDB as an input to an internal hash function.The hash function's output determines the partition (physical storage internal to DynamoDB) in which the item will be stored. DynamoDB does an all-partition scan when the user queries or scans a table or secondary index.

In the given case, When used as a partition key in DynamoDB in the example, review ID would produce the MOST consistent performance. When review ID is used as the partition key, the data will be distributed evenly over all the partitions and will be unique for each review. By doing this, DynamoDB will be able to fetch the records quickly and consistently.

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What are the three outcomes of the zone of tolerance?

Answers

The three states are “dissatisfaction”, resulting from poor perceived quality  “delight” from high quality and “satisfaction” from adequate quality

What are the factors that influence the zone of tolerance?influencing the tolerance range. Time, place, occasion, and culture are the four elements that define range of tolerance.Therefore, both of these variables are included in our updated ZOT framework. Next, four variables—transient service intensifiers, perceived service alternatives, customer self-perceived service roles, and situational variables—have an impact on the level of appropriate service.Range of tolerance is defined by four elements: time, place, situation, and culture.Limit dimensions, unilateral tolerances, and bilateral tolerances are the three fundamental tolerances that appear on working drawings the most frequently.These can be used to identify any shape and are categorised into form tolerance, orientation tolerance, placement tolerance, and run-out tolerance.

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A job order costing system would best fit the needs of a company that makes:
Multiple Choice
O Custom machinery.
O Cement.
O Shoes and apparel.
O Paint.
O Pencils and erasers.

Answers

A company that produces custom machinery would benefit most from a job order costing system.

What do you know about costing system?

A costing system is made to keep track of a company's expenses. The system is made up of a number of forms, procedures, checks, and reports that are intended to gather and provide financial data to management. Any aspect of a business, including its clients, divisions, locations, structures, operations, procedures, goods and services, study and development, and reseller, may be covered by the reporting categories. The expenses of materials, labour, and overhead are totaled for each unit or task. For distinctive products like specially made machines or consultancy assignments, this strategy works well. Cost accumulation is a labor- and labor-intensive activity.

So, The required answer is Custom machinery.

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Which of the following is an example of a "hidden" production function?
A) producing a computer B) manufacturing a television C) assembling a motorcycle D) transplanting a liver

Answers

Transplanting a liver in the following is an example of a "hidden" production function.

What is a Hidden production ?

Hidden production is a type of production in which the production process is not visible to the public. This type of production is often used in industries that produce goods that are not typically seen by the public, such as pharmaceuticals or military equipment. In addition, hidden production is often used to ensure that the production process is kept secret and not accessible to competitors.

What does pharmaceuticals means?

Pharmaceuticals are drugs or medicines used to treat, cure, prevent, or diagnose diseases or medical conditions. They are typically produced in laboratories and are regulated by government agencies such as the Food and Drug Administration in the United States.In addition to prescription drugs, pharmaceuticals also include over-the-counter medications, nutritional supplements, and veterinary medicines.

Therefore the correct option is D. transplanting a liver

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What is the most important factor you usually consider when buying something?

Answers

The most important and first on this list is the profitable Factor. This bone is the main foundation of any purchasing decision. The reason is simple people can not buy what they can not go.

The need for a product also does not play a  part then, but affordability is the most important thing.   Price. Before you buy anything, take a good look at the cost. You might be considering buying a high-quality tinge or CBD product.

However, if that is the case, you are willing to spend a little further plutocrat to get what you know is a great item. A  client is girdled by four profitable factors when considering any purchase the product, the price, the creation and the deals channel.

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There are two basic kinds of credit cards. The typical credit card is based on a/an [ Select ] that is set by [ Select ] , and it is linked to your [ Select ] or personal request. The second kind of credit card is a [ Select ] and it is more like a [ Select ] because it is directly tied to a checking or savings account. All limits for this card are based on your [ Select ] instead of an approved limit.

Answers

Debit cards typically pull funds from a checking account, while credit cards charge purchases using a line of credit.

What type of credit is a credit card an example of?A credit card generally operates as a substitute for cash or a check and most often provides an unsecured revolving line of credit. The borrower is required to pay at least part of the card's outstanding balance each billing cycle, depending on the terms as set forth in the cardholder agreement.credit limitthe sponsoring financial institutioncredit ratingsecured carddebit cardaccount balanceA financial sponsor is a private-equity investment firm, particularly a private equity firm that engages in leveraged buyout transactions.A credit rating is a quantified assessment of the creditworthiness of a borrower in general terms or with respect to a financial obligation. Unlike a prepaid card, a secured card is an actual credit card that reports to the three major credit bureaus—providing the opportunity to build your credit, with responsible use.When you open a checking account at a bank or credit union, you usually get a debit card. A debit card lets you spend money from your checking account without writing a check. When you pay with a debit card, the money comes out of your checking account immediately.An account balance represents the available funds, or current account value, of a particular financial account, such as a checking, savings, or investment account.

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The first step to gain and sustain a competitive advantage is to a. define a firm's vision, mission, and values. b. develop functional and business-level strategies. c. put the guiding policies of a firm into practice. d. understand the strategies of the competitors.

Answers

D) Understanding the strategies used by competitors is the first step in gaining and maintaining a competitive advantage.

How can one gain an advantage over the competition?

Establishing a Competitive Advantage Michael Porter, a well-known professor at Harvard Business School, identified the following three methods for gaining a competitive advantage: Cost Leadership, Differentiation, and Concentration (which includes both Differentiation Focus and Cost Focus).

How do you begin the process of determining your company's competitive advantages?

In order to create and communicate a competitive advantage to your target customers, conducting a competitive analysis to discover the strengths and weaknesses of rival businesses is an essential first step.

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Which of the following statements is not correct? Multiple Choice An increase in a nation's labor supply will cause its potential output to increase. New technologies or new ways of producing output can cause a nation's production possibilities curve to shift outward. An increase in the quantity of a nation's resources will cause economic growth, but an increase in the quality of resources will not. Economic growth can be illustrated by an expansion of a nation's production possibilities curve.

Answers

B) Economic expansion will result from an increase in the quantity of a nation's resources, but not from an increase in their quality.

What is the outcome of economic growth?

Understanding Economic Expansion From a macro perspective, there is an increase in GDP, a rise in disposable income per capita, and a decrease in unemployment rates as a result of the abundance of job opportunities. When expansion reaches its zenith, it reaches a peak. When there is a lot of demand for goods, prices start to go up, which is where inflation happens.

What prompted the expansion of the economy?

Typically, expansionary periods are characterized by high asset prices, low unemployment, and a high level of consumer and business confidence. Productivity gains, consumer spending, government spending, and foreign investment are just a few of the many possible reasons for an expansion.

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A company purchased factory equipment for $250,000. It is estimated that the equipment will have a $25,000 salvage value at the end of its estimated 5-year useful life. If the company uses the double-declining-balance method of depreciation, the amount of annual depreciation recorded for the second year after purchase would be

Answers

for the second year following purchase, the annual depreciation amount would be $60,000

The rate of straight line depreciation is doubled by the double declining approach. The normal straight line depreciation = 1 ÷ useful life = 1 ÷ 5 = 20%

Double declining rate = 20 × 2 = 40%

for 1st year = 250,000 × 0.40 = $100,000

for 2nd year = (250,000 - 100,000) × 0.40 = $60,000

The lowering balance method, also known as the double-declining balance depreciation (DDB) approach, is one of two popular ways a company will often account for the cost of a long-lived asset. When opposed to straight-line depreciation, which employs the same amount of depreciation each year over an asset's useful life, the double-declining balance depreciation method accelerates depreciation and counts as an expense more quickly. The double-declining methodology doubles the pace of asset depreciation, much like the falling balance strategy does.

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The owner of a successful restaurant has gotten bored with his business. He
decides to sell it and use the money to start a food truck in a new city.
This situation is an example of which characteristic of the U.S. economy?
O A. Limiting the role of government
O B. Motivating businesses to maximize profits
O C. Prioritizing individual freedom
O D. Promoting competition

Answers

Answer:

my best guess would be C.

The owner of a successful restaurant has gotten bored with his business. He decides to sell it and use the money to start a food truck in a new city.

This situation is an example of the characteristic of the U.S. economy that motivates businesses to maximize profits. (B)

What is a business?

Business is the activity of making one's living or making money by producing or buying and selling products

What is the U.S. economy?

The U.S. has a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces the free market when it comes to capital use, but it also allows for government intervention for the public good.

What is a profit?

Profit, in accounting, is an income distributed to the owner in a profitable market production process.

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Which of the following is not one of the characteristics of a mature profession?
a) code of ethics
b) licensing
c) mandatory drug testing
d) mandatory professional development
e) professional education

Answers

Mandatory drug testing is not one of the characteristics of a mature profession.

What is Drug testing?

In a sample of your urine (pee), blood, saliva (spit), hair, or perspiration, a drug test checks for indications of one or more illicit or prescription medications. A drug test is used to check for drug usage and misuse, which may include:

using any illicit drugs, including cocaine or club drugs

Taking prescription medications improperly refers to doing so in a manner or for a purpose other than that which your doctor has directed. Examples of drug abuse include taking someone else's medication or utilizing a painkiller obtained with a prescription to unwind. The majority of drug testing use urine samples. These tests are capable of detecting drug use anywhere between hours and many days or more before the test.

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What does zone of tolerance mean?

Answers

A zone of tolerance (ZOT) that represents the. range of IS service performance a customer would consider satisfactory

What is  zone of tolerance?service to customers Instead than having just one expectation level, expectations have a variety of levels.The idea can be described as having a limited or broad perspective, depending on how wide the tolerance range is. According to some recent studies [9,10], a zone of tolerance should be regarded as "narrow" if its breadth is less than 20% of the point-of-scale being employed.Customers may accept variance within a range of performance, and any improvement in performance within this range will only have a minimal impact on perceptions. This is the significance of the zone of tolerance.Tolerance is a fair and objective attitude toward others, usually the result of a conscious effort on the part of the tolerant party

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The discovery of a large amount of previously-undiscovered oil in the U.S. would shift
a) the long-run aggregate-supply curve to the right.
b) the long-run aggregate-supply curve to the left.
c) the aggregate-demand curve to the left.
d) None of the above is correct.

Answers

The long-run aggregate-supply curve would be moved to the right in the event that a significant amount of previously undiscovered oil was found in the United States. the lengthy term (b)

What is aggregate supply formula

The short-run aggregate supply is calculated using the equation Y=Y+(PPe). In the equation, Y stands for the economy's output, Y* for its natural level, coefficient is always positive, P stands for the current price level, and Pe stands for the predicted price level. To determine the state of the economy, economists use a variety of macroeconomic and microeconomic criteria. The general demand for the goods and services produced is one of the most significant criteria they take into account. Aggregate demand is the term used to describe this.

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Which of the following organizations can revoke the right of an individual to practice as a CPA?
(1) The Public Company Accounting Oversight Board.
(2) The American Institute of Certified Public Accountants.
(3) The Securities and Exchange Commission.
(4) The applicable state board of accountancy.

Answers

The applicable state board of accountancy can revoke the right of an individual to practice as a CPA

Option 4 is correct.

State board of Accountancy :

State Board of Accountancy CPAs and CPA firms are granted licenses to practice public accounting in their respective states or jurisdictions by state boards of accountancy. A CPA's license can be revoked by state boards of accountancy in their jurisdiction. In addition, regulatory responsibility for both public and nonpublic practice lies with state boards of accountancy.

State boards may add their own requirements to AICPA and PCAOB standards while adapting them.

What are a CPA's responsibilities?

A CPA may be involved in one or more aspects of the accounting profession, depending on their specific role. Forensic accounting, personal financial planning, and taxation are all areas in which CPAs can specialize. CPAs are also required to fulfill continuing education requirements and uphold a code of ethics.

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Government intervention of setting price controls can impact the __________________. For example, when a price floor is set above the equilibrium price, a very likely outcome is a ______________ in the market.

Answers

Answer:

market equilibrium, surplus

Explanation:

Government intervention of setting price controls can impact the market equilibrium. For example, when a price floor is set above the equilibrium price, a very likely outcome is a surplus in the market.

What are the 3 Economic Indicators ?

Answers

 Leading indicators, Lagging indicators, and coincident indicators  are the three Economic Indicators .                      

     

Macroeconomic data that describe the state of an economy are known as economic indicators. Use them to ascertain if an economy is thriving and growing or struggling and shrinking. Economic indicators are available in three varieties: coincident indicators, lagging indicators, and leading indicators. Leading indicators are thought to anticipate economic trends. These statistics are used by analysts to try and predict changes in the business cycle. Coincident indicators change concurrently with the business cycle and capture the state of the economy at any given time. Lagging signs include things like Average time spent unemployed ,

average prime rate that banks charge ,The cost of labour per unit of production has changed.  

Government or nonprofit institutions, such as the Conference Board, the Federal Reserve System, the Bureau of Labor Statistics, and others, publish the most trustworthy and thoroughly scrutinised economic indicators.

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