Netflix provides three major plans (i.e. Basic, Standard, andPremium). The monthly price of each plan before October 2017 was$8, $10, and $12, respectively. However, after October 2017, themonthly prices of the plans were changed to $8, $11, and $15, respectively. (The price of the Basic plan was not changed.) As of November 2017, Netflix had about 55 million U.S. streaming subscribers. Suppose that the breakdown of the number of subscribers by plan has been as the following 40 million, 10 million, and 5 million, respectively, before November 2017. However, one month after November 2017, the number of the subscribers "existing" in November 2017 changed to the following for each plan: 40 million, 8 million, and 4.5 million, respectively. Notice that this analysis is ceteris-paribus, meaning that we are looking only at the Netflix’s plan prices and not other factors such as the price of related goods or the number of demanders. For example, this is the reason why we focused on "the existing subscribers." Given these pieces of information, and using the "standard" method, answer the following questions:
a. Compute the numerical values of price elasticities of demand for the Standard and Premium plans.
b. Provide an economic interpretation for the numerical value that you have obtained for the price elasticity of demand for the Standard plan.
c. Based on the numerical values computed in part "a", what kind of demand curve does the Standard plan have and what type of demand curve does the Premium plan have?......................................
d. Which of the price changes should have been done? ……….…Which one should have been avoided? ……………
e. Do you expect the elasticities numerical values to be higher or lower if we look at the data on the quantities demanded after two months rather than one month? …………… Why?...................
f. Overall, have these new pricing policies increased or decreased the total revenue of Netflix? By how much?
g. What would the total revenue of Netflix have been if they had followed the suggestion you made in Part "d" (regarding which of the price changes should have been done and which ones should have been avoided)?
h. In your opinion, why did Netflix not increase the price of the Basic plan?

Answers

Answer 1

Netflix is an online Ott platform which provides various diversified language movies and series to its subscribers in a plan basis by charging on them.

a. The price elasticity of demand for the Standard plan can be computed as:
Elasticity = (% change in quantity demanded) / (% change in price)
= [(8 million - 10 million) / 10 million] / [(11 - 10) / 10] = -0.909
Similarly, the price elasticity of demand for the Premium plan can be computed as:
Elasticity = (% change in quantity demanded) / (% change in price)
= [(4.5 million - 5 million) / 5 million] / [(15 - 12) / 12] = -0.667
b. The numerical value obtained for the price elasticity of demand for the Standard plan (-0.909) suggests that a 1% increase in the price of the plan leads to a 0.909% decrease in the quantity demanded. This means that the demand for the Standard plan is relatively elastic, and consumers are responsive to changes in its price.c. The demand curve for the Standard plan is elastic, while the demand curve for the Premium plan is inelastic.
d. The price change for the Basic plan was not necessary, as its demand was already highly inelastic. The price increase for the Standard plan should have been avoided, as it led to a significant decrease in quantity demanded. The price increase for the Premium plan was justified, as it only led to a small decrease in quantity demanded.
e. The numerical values of the elasticities would likely be lower if we look at the data on the quantities demanded after two months rather than one month because consumers may need more time to adjust their consumption patterns in response to the price changes.
f. The new pricing policies likely decreased the total revenue of Netflix. To calculate the change in revenue, we need to know the total revenue before and after the price changes.
g. If Netflix had followed the suggested price changes, the total revenue would have been higher. However, to calculate the exact amount, we need to know the price and quantity data for each plan.
h. Netflix did not increase the price of the Basic plan because its demand is highly inelastic, meaning that consumers are less sensitive to changes in price for this plan. Increasing the price may have led to a decrease in quantity demanded, which would have reduced the total revenue.

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Related Questions

QUESTION 7 A city has two neighborhoods. If the demand for laundry services is QA=200-3P in one neighborhood and QB=300-5P in the other (and customers of each neighborhood don't go to the other), then the total demand for laundry services in this region is... Q = = 250-4P Q. = 100-2P = 500-8P

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A city has two neighborhoods. If the demand for laundry services is QA=200-3P in one neighborhood and QB=300-5P in the other (and customers of each neighborhood don't go to the other), then the total demand for laundry services in this region is Q = 500 - 8P.

In order to find the total demand for laundry services in the city, we need to add the demands of both neighborhoods. Given the demand functions QA = 200 - 3P and QB = 300 - 5P, we can calculate the total demand Q by summing these two functions:
Q = QA + QB
Q = (200 - 3P) + (300 - 5P)
Q = 200 - 3P + 300 - 5P
Now, we can combine like terms:
Q = 500 - 8P

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specifying variables in the excel npv function differs from the manner in which they are entered in a financial calculator in which of the following ways? multiple select question. the range of cash flows specified in excel begins with cashflow 1, not cashflow 0. the discount rate in excel is entered as a decimal, or as a percentage with a percent sign. with the excel npv function, cashflow 0 must be handled outside the npv function. the excel npv function is actually a pv function. there are no significant differences between variable entry in excel and in a financial calculator.

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The range of cash flows starts with cashflow 1, the discount rate can be entered as a decimal or percentage with a percent sign, and cashflow 0 must be handled separately outside the NPV function in Excel.

These are the main differences between specifying variables in the Excel NPV function and entering them in a financial calculator. In Excel, the range of cash flows starts with cashflow 1, whereas in a financial calculator, cashflow 0 is the initial cash flow. This means that when using Excel, you need to account for the initial cash flow separately, outside of the NPV function. Additionally, in Excel, the discount rate can be entered as a decimal or a percentage with a percent sign, while in a financial calculator, it is typically entered as a decimal. Other than these differences, there are no significant differences between variable entry in Excel and in a financial calculator. Finally, the statement "the Excel NPV function is actually a PV function" is not correct. The NPV function in Excel calculates the net present value of a series of cash flows.

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tinker company reported sales revenue of $500,000 and total expenses of $450,000 (including depreciation) for the year. during the year, accounts receivable decreased by $5,000, merchandise inventory increased by $4,000, accounts payable increased by $6,000, and depreciation expense of $10,000 was recorded. assuming no other data is needed and using the indirect method, the net cash inflow from operating activities was: a. $44,000 b. $67,000 c. $60,000 d. $51,000

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After adjusting for all the factors, the net cash inflow from operating activities is $67,000. So, the correct answer is (b) $67,000.

To calculate the net cash inflow from operating activities using the indirect method, we need to start with the net income and adjust it for non-cash expenses and changes in working capital.

1. Calculate net income: Sales revenue ($500,000) - Total expenses ($450,000) = $50,000 net income.

2. Adjust for non-cash expenses: Add back the depreciation expense ($10,000) since it's a non-cash item. $50,000 + $10,000 = $60,000.

3. Adjust for changes in working capital:
  a. Decrease in accounts receivable: Add the decrease of $5,000 since it means cash collection. $60,000 + $5,000 = $65,000.
  b. Increase in merchandise inventory: Subtract the increase of $4,000 since it indicates cash used to purchase inventory. $65,000 - $4,000 = $61,000.
  c. Increase in accounts payable: Add the increase of $6,000 as it means less cash paid to suppliers. $61,000 + $6,000 = $67,000.

The correct answer is (b) $67,000.

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businesses hold short-term securities for which of the following reasons? group of answer choices as a substitute for cash. as a temporary repository for cash being accumulated for a specific purpose. as a buffer against charity care and bad-debt losses. both a. and b. answers a., b., and c.

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The correct answer is both a. and b. Reasons  for which businesses hold short-term securities are as a substitute for cash and as a temporary repository for cash being accumulated for a specific purpose

a. As a substitute for cash: Short-term securities are highly liquid investments with short maturities, usually less than a year. They can be quickly converted into cash with minimal impact on their value. Businesses hold short-term securities instead of cash because they typically offer a better return while still providing easy access to funds when needed.
b. As a temporary repository for cash being accumulated for a specific purpose: Businesses may accumulate cash for various reasons, such as funding a large purchase or investment, paying off debt, or covering anticipated expenses. While waiting to use these funds, companies can park the cash in short-term securities to earn a return on their idle cash.
The third option, as a buffer against charity care and bad-debt losses, is not applicable in this context. Charity care and bad-debt losses are primarily concerns for healthcare providers and are not generally linked to holding short-term securities.
To sum up, businesses hold short-term securities as a substitute for cash and as a temporary repository for cash being accumulated for a specific purpose.

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When succession plans are developed for CEOs and senior managers, HR needs major involvement fromoutside search committees.top executives and members of the board of directors.

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When succession plans are developed for CEOs and senior managers, HR needs major involvement from top executives and members of the board of directors.

While outside search committees may be involved in some cases, the primary responsibility for developing succession plans typically falls on the organization's leadership team, including the CEO and other senior executives, with input and support from the board of directors. HR may also play a key role in providing guidance and support on succession planning processes, tools, and best practices, as well as facilitating communication and collaboration between key stakeholders throughout the organization. Ultimately, effective succession planning requires a coordinated and strategic approach that involves multiple stakeholders, including HR, top executives, and members of the board of directors.

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TRUE/FALSE.Safety stock in inventory systems depends only on the average demand during the lead time.

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Safety stock in inventory systems depends only on the average demand during the lead time is FALSE.

Safety stock in inventory systems depends not only on the average demand during the lead time, but also on other factors such as variability in demand and lead time, desired service level, and order cycle time.

While the average demand during the lead time is an important factor to consider when determining safety stock levels in inventory systems, it is not the only factor. Other factors that can affect safety stock levels include demand variability, supply variability, and lead time variability.

For example, if the demand during the lead time is highly variable, it may be necessary to increase safety stock levels to account for potential stockouts.

Similarly, if the supply lead time is variable, it may be necessary to increase safety stock levels to account for potential delays in receiving inventory. Therefore, safety stock levels depend on multiple factors, not just the average demand during the lead time.

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An important example of neomercantilism in the 1970s was the United States-led campaign with many industrialized states to decrease their foreign dependence on _______.

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An important example of neomercantilism in the 1970s was the United States-led campaign with many industrialized states to decrease their foreign dependence on oil. "Energy crisis," was a response to OPEC oil embargo of 1973-1974, which severely limited supply of oil to U.S



The United States, as the world's largest oil consumer at the time, sought to reduce its dependence on foreign oil by promoting energy conservation, increasing domestic production, and developing alternative energy sources such as nuclear power, solar power, and wind power. Other industrialized states, such as Japan and Western Europe, also pursued similar policies to reduce their vulnerability to supply disruptions and price volatility in the global oil market.



This neomercantilist approach reflected a growing concern among policymakers in the 1970s about the potential economic and political risks associated with excessive dependence on foreign resources, particularly in the context of increasing global interdependence and competition.

It also reflected a broader shift towards a more assertive and strategic approach to international economic relations, characterized by the use of trade and investment policies to promote national interests and enhance competitiveness in the global marketplace.

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Joe's T-shirts has costs given by TC = $100 + 3Q, where Q is the number of shirts. If Joecharges $5 each, the percentage markup for 100 shirts is: 67 percent

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Sure, I can help you with that! The first step to calculating the percentage markup is to determine the total revenue Joe will earn from selling 100 shirts. Since he charges $5 per shirt, the total revenue will be $500 (100 shirts x $5 per shirt).

Next, we need to calculate the total cost of producing those 100 shirts. The cost function given is TC = $100 + 3Q, where Q is the number of shirts. If we plug in Q = 100, we get:

TC = $100 + 3(100) = $400

So the total cost of producing 100 shirts is $400.

To calculate the markup, we need to subtract the total cost from the total revenue:

Markup = Total Revenue - Total Cost = $500 - $400 = $100

Finally, to calculate the percentage markup, we divide the markup by the total cost and multiply by 100:

Percentage Markup = (Markup / Total Cost) x 100% = ($100 / $400) x 100% = 25%

So the percentage markup for 100 shirts is actually 25%, not 67%. It's possible there was an error in the calculation or information provided in the question.

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ucinda owns 1,100 shares of blackbird corporation stock at a time when blackbird has 2,000 shares of stock outstanding. the remaining shareholders are unrelated to lucinda. what is the minimum number of shares blackbird must redeem from lucinda so that the transaction will qualify as a disproportionate redemption?

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A disproportionate redemption occurs when a shareholder receives a larger proportion of the company's assets than their proportionate ownership in the company. In this scenario, Lucinda owns 1,100 shares out of 2,000 shares outstanding, which is a 55% ownership stake in Blackbird Corporation.

To qualify as a disproportionate redemption, Lucinda must receive a larger proportion of the company's assets than her 55% ownership stake.

To calculate the minimum number of shares Blackbird Corporation must redeem from Lucinda, we need to determine what ownership percentage will qualify as a disproportionate redemption. This can vary based on the specific circumstances of the transaction, but generally, a redemption of at least 20% of a shareholder's ownership stake is considered disproportionate.

Using this guideline, we can calculate that a disproportionate redemption for Lucinda would require Blackbird Corporation to redeem at least 220 of her shares (20% of her 1,100 shares). This would leave Lucinda with 880 shares and reduce her ownership stake to 44%, while the remaining shareholders would still own 1,780 shares, or 89% of the company's outstanding shares. This transaction would qualify as a disproportionate redemption and would allow Lucinda to receive a larger proportion of the company's assets than her proportionate ownership stake.

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Ayush Power Limited has reported a net profit of 6 crore, 7.5 crore and 3 crore for the financial year(s) ended on March 2017, March2018 and March 2019 respectively. The board’s report of the companyfor the year ended March 2020 did not disclose the composition of the CSR Committee on the grounds that company is not required to constitute CSR committee as net profit during the immediately preceding financial year is less than the statutory requirements laid down in section 135. You are required to examine in the given scenario whether the act of noncomposition and non- disclosure of the composition of CSR committee in the Board’s Report is valid in law?

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According to the Companies Act 2013, every company having a net worth of Rs. 500 crore or more, or a turnover of Rs. 1000 crore or more, or a net profit of Rs. 5 crore or more during any financial year must constitute a Corporate Social Responsibility (CSR) Committee of the Board consisting of three or more directors, at least one of whom should be an independent director.

In the given scenario, Ayush Power Limited has reported a net profit of 6 crore, 7.5 crore and 3 crore for the financial year(s) ended on March 2017, March 2018 and March 2019 respectively. As per Section 135 of the Companies Act 2013, the company is required to constitute a CSR Committee only if it has a net profit of Rs. 5 crore or more during any financial year. Therefore, the company was not required to constitute a CSR Committee for the financial year ended March 2020 if its net profit for the immediately preceding financial year, i.e. March 2019, was less than Rs. 5 crore.However, the board's report of the company for the year ended March 2020 did not disclose the composition of the CSR Committee. According to the Companies Act 2013, every company having a CSR Committee is required to disclose the composition of the CSR Committee in its Board's Report. Therefore, if the company had constituted a CSR Committee in the previous financial year, it would have been required to disclose the composition of the committee in the Board's Report for the financial year ended March 2020, even if it did not have a net profit of Rs. 5 crore or more in the previous financial year.
In conclusion, if Ayush Power Limited did not constitute a CSR Committee for the financial year ended March 2020, then the act of non-composition of the committee is valid in law. However, if the company had constituted a CSR Committee in the previous financial year, it would have been required to disclose the composition of the committee in the Board's Report for the financial year ended March 2020, irrespective of its net profit for the previous financial year.

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All products sold by the Tabasco Company use the Tabasco brand. This is an example of __________.
private branding
multibranding
co-branding
generic branding
multiproduct branding

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The correct answer is multiproduct branding. All products sold by the Tabasco Company use the Tabasco brand. This is an example of multiproduct branding.

Multiproduct branding is a marketing strategy where a company uses one brand name to market and sell multiple products. In the case of the Tabasco Company, all their products use the Tabasco brand name, such as Tabasco sauce, Tabasco spicy ketchup, and Tabasco spicy mustard.
Multiproduct branding has several advantages for a company, including brand recognition, brand loyalty, and cost savings on advertising and marketing. By using one brand name, a company can create a strong brand image and reputation in the market, which can lead to increased sales and customer loyalty.
In contrast, other branding strategies include private branding, where a company creates a brand for a specific product, and co-branding, where two or more brands work together to market and sell a product. Generic branding is the opposite of branding, where products are sold without a brand name.
In summary, the Tabasco Company's use of the Tabasco brand for all their products is an example of multiproduct branding, a marketing strategy that can have many benefits for companies looking to build a strong brand image and reputation in the market.

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Enrollment in a particular class for the last four semesters had been 120, 126, 105, and 140. Develop a forecast of enrollment next semester using exponential smoothing with an alpha = 0.2 and use the naive method to start the exponential smoothing process (i.e., forecast for semester 2 = 120).122.37 112 120 117.96 121.2

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To forecast enrollment next semester using exponential smoothing with an alpha = 0.2 and use the naive method to start the exponential smoothing process (i.e., forecast for semester 2 = 120), we can use the following formula:

F(t+1) = α * Y(t) + (1 - α) * F(t)

where F(t+1) is the forecast for the next semester, Y(t) is the actual enrollment for this semester, F(t) is the forecast for this semester, and α is the smoothing parameter.

Using the naive method, we have F (2) = 120.

Using exponential smoothing with an alpha = 0.2, we have:

F (3) = α * Y (2) + (1 - α) * F (2) = 0.2 * 126 + 0.8 * 120 = 121.2

F (4) = α * Y (3) + (1 - α) * F (3) = 0.2 * 105 + 0.8 * 121.2 = 117.96

F (5) = α * Y (4) + (1 - α) * F (4) = 0.2 * 140 + 0.8 * 117.96 = 122.37

Therefore, we can forecast that enrollment for next semester will be 122 students.

When utilising the exponential window function to smooth time series data, the approach is known as exponential smoothing. Exponential functions are used to assign weights that decrease exponentially over time, in contrast to the basic moving average, which gives all previous observations the same weight.

Making a decision based on user-made prior assumptions, such seasonality, is a simple process that is both simple to learn and simple to use. Analysis of time-series data frequently employs exponential smoothing. As a low-pass filter to eliminate high-frequency noise, exponential smoothing is one of many window functions frequently used to smooth data in signal processing.

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crane and loon corporations, two unrelated calendar year c corporations, have the following transactions for the current year. crane loon gross income from operations $180,000 $300,000 expenses from operations 255,000 310,000 dividends received from domestic corporations (15% ownership) 100,000 230,000 click here to access the dividends received deduction table. a. compute the dividends received deduction for crane corporation. $fill in the blank 1 12,500 b. compute the dividends received deduction for loon corporation.

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The dividends received deduction for Loon Corporation is $115,000, which is 50% of the dividends received from a domestic corporation in which it has a 15% ownership.

To compute the dividends received deduction for Loon Corporation, we need to use the information provided in the table. According to the table, if the corporation has less than 20% ownership in the domestic corporation paying the dividend, the deduction is 50% of the dividend amount. However, if the corporation has 20% or more ownership, the deduction is 65% of the dividend amount.
In this case, Loon Corporation received dividends of $230,000 from a domestic corporation in which it has a 15% ownership. Therefore, the deduction would be 50% of $230,000, which is equal to $115,000.
It's important to note that the dividends received deduction is limited to taxable income. In other words, the deduction cannot exceed the taxable income of the corporation before the deduction is taken into account. If the deduction is larger than the taxable income, the excess can be carried forward to future years.
In summary, the dividends received deduction for Loon Corporation is $115,000, which is 50% of the dividends received from a domestic corporation in which it has a 15% ownership.

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02-006 - Definition of data design

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Data design refers to all forms of specifications,drawings, details, graphs, plans, sketches, calculations, models, levels, setting-out dimensions duly checked by the Contractor and other documents relating to the design of the Works prepared on behalf of the Contractor.

Role of the Data Designer ?

1.  to unravel the data network

2.  to create clear visual information

3. draw inspiration from real data

4. experiments with new forms of representation

Data designers deal critically with observation and analytics with a wide variety of data phenomena.

They are capable to understand how to interpret, structure visually and communicate on paper. In this way, they work to shape social, entrepreneurial and political decision-making processes.

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39. retired persons often have much of their wealth placed in savings accounts and other interest-bearing investments, and complain whenever interest rates are low. do they have a valid complaint?

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Yes, retired persons do have a valid complaint when interest rates are low.

This is because many retired individuals rely on the interest generated from their savings accounts and interest-bearing investments as a source of income to support their living expenses.

When interest rates are low, the returns on these investments decrease, which can negatively impact their financial stability and overall quality of life.

Low interest rates may also make it difficult for retirees to generate sufficient income from their savings and investments, potentially leading them to take on more risk in search of higher returns.

Additionally, low interest rates can lead to higher inflation, further eroding the purchasing power of retirees' savings. Therefore, retired persons may feel the impact of low interest rates more severely than other demographic groups, especially if they rely heavily on fixed-income investments.

However, it is important to note that low interest rates can also have benefits, such as making it easier for individuals and businesses to borrow money and stimulate economic growth.

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For an employer, the primary advantage of classifying a worker as an independent contractor is thatindependent contractors cannot be fired at any time, unlike regular employees.the employer does not have to pay Social Security, workers' compensation, or unemployment costs.

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The primary advantage of classifying a worker as an independent contractor for an employer is that they do not have to pay certain costs that are associated with regular employees. These costs include Social Security, workers' compensation, and unemployment costs. Independent contractors are considered self-employed individuals, which means they are responsible for paying their own Social Security taxes and obtaining their own workers' compensation insurance. This can be a significant cost savings for employers, especially for small businesses.

However, it is important to note that misclassifying workers as independent contractors can have serious consequences. Employers who misclassify their employees can face penalties and fines from the government, as well as lawsuits from employees seeking benefits that they were denied as independent contractors. It is important for employers to carefully consider the nature of the work and the relationship with the worker before classifying them as an independent contractor.

In summary, the primary advantage of classifying a worker as an independent contractor for an employer is the cost savings associated with not having to pay certain benefits. However, it is important for employers to properly classify their workers to avoid legal and financial consequences.

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true or false: without engaging in international trade, glacier and denali would have been able to consume at the after-trade consumption bundles. (hint: base this question on the answers you previously entered on this page.)

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False. Without engaging in international trade, Glacier and Denali would not have been able to consume at the after-trade consumption bundles as their production possibilities frontier limits their ability to produce both goods.

The trade allowed them to specialize and consume at a higher level of satisfaction.without engaging in international trade, glacier and denali would have been able to consume at the after-trade consumption bundles.Without engaging in international trade, Glacier and Denali would not have been able to consume at the after-trade consumption bundles as their production possibilities frontier limits their ability to produce both goods. The trade allowed them to specialize and consume at a higher level of satisfaction.

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if treasury bills are currently paying 6 percent and the inflation rate is 2.3 percent, what is the approximate and the exact real rate of interest?

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The exact real rate of interest is 3.57%. This means that even though the nominal rate of return on treasury bills is 6%, the real rate of return after adjusting for inflation is much lower.

The real rate of interest is the return on investment after adjusting for inflation. In this case, if treasury bills are currently paying 6 percent and the inflation rate is 2.3 percent, the approximate real rate of interest would be 3.7 percent.
Real rate of interest = (1 + nominal rate) / (1 + inflation rate) - 1
Real rate of interest = (1 + 0.06) / (1 + 0.023) - 1
Real rate of interest = 0.0357 or approximately 3.57%

Therefore, the approximate real rate of interest is 3.7% and It is important to consider the real rate of interest when making investment decisions to ensure that the returns are keeping pace with inflation.

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e 19-19 eps; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options; convertible bonds e l019-5 through e l019-9 [this is a variation of

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Based on the given information, Basic earnings per share  is $1.87 and Diluted earnings per share  is $1.70

The calculation will be followed as

                                            Common Stock     Cumulative Preferred Stock

Dec. 31, 2012 Outstanding     380,000,000           4,000,000 shares

Dividend rate                                                                              9%

Stock par value                                                                         $100

The total value of stock                                                             $400 million

Annual preferred dividend                                   $36 million ($400 m * 9%)

March 1, 2021            Treasury stock          (96,000,000)

July 1, 2021                 Stock dividend           14,200,000

October 1, 2021             Treasury stock            4,000,000

Outstanding shares               302,200,000         4,000,000 shares

Stock options                          30,000,000

Total shares and options      332,200,000

Net income for the year   = $600,000,000

Preferred stock dividend       36,000,000

Earnings available for

common stockholders     $564,000,000

Hence

Basic earnings per share =

= ($564,000,000/302,200,000)

=$1.87

Diluted earnings per share =

= ($564,000,000/332,200,000)

=$1.70

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The complete question is probably

Exercise 19-17 (Algo) EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold; stock options [LO19-5, 19-6, 19-7, 19-8] On December 31, 2020, Berclair Inc. had 380 million shares of common stock and 4 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 96 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2021. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $600 million. Also outstanding at December 31 were 30 million incentive stock options granted to key executives on September 13, 2013. The options were exercisable as of September 13, 2020, for 30 million common shares at an exercise price of $56 per share. During 2021, the market price of the common shares averaged $70 per share. Required: Compute Berclair's basic and diluted earnings per share for the year ended December 31, 2021. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Do not round intermediate calculations.)

alvin accepts that differences and similarities exist between home and foreign personnel and practices, and that the company should use whatever techniques are most effective. alvin can be described as a. ethnocentric. b. polycentric. c. geocentric. d. expatriate.

Answers

Based on the information provided, it can be inferred that Alvin is not ethnocentric. Ethnocentrism refers to the belief that one's own culture or ethnicity is superior to others. Alvin acknowledges that there are differences between home and foreign personnel and practices, and is willing to use whatever techniques are most effective, suggesting that he is not solely focused on his own culture or nationality.

Instead, Alvin's perspective aligns more closely with a geocentric approach. A geocentric approach seeks to integrate the best practices from both the home and foreign locations of a company, taking into account cultural differences while also recognizing that there may be universal best practices that can be applied across different locations.

Alvin's willingness to use whatever techniques are most effective, regardless of their origin, is consistent with a geocentric approach.

Overall, it is important for companies to adopt an approach that acknowledges and values cultural differences while also seeking to integrate best practices from across their locations. This approach can help companies navigate the challenges of managing foreign personnel and practices, while also improving their overall performance and effectiveness.

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tech a states that finding replacement parts for a transmission can be a large undertaking considering all of the makes and models produced for the automotive market. tech b states that rebuilding a transmission often requires specialty tools that are specific to each transmission. who is correct?

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Both tech a and tech b are correct in their statements

Tech A is correct in stating that finding replacement parts for a transmission can be a large undertaking considering all of the makes and models produced for the automotive market. This is due to the variety of transmissions used in different vehicles, which can make sourcing parts more challenging.

Tech B is also correct in stating that rebuilding a transmission often requires specialty tools that are specific to each transmission. These tools are designed to work with the unique components and mechanisms of each transmission type, ensuring a successful rebuild process.

In conclusion, both Tech A and Tech B are correct

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3. compute the early, late, and slack times for the activities in the network that follows, assuming a time-constrained network. which activities are critical? what is the time-constrained project duration?

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To compute the early, late, and slack times for the activities in a time-constrained network, we need to perform a forward and backward pass using the critical path method (CPM).

First, we start with the forward pass to calculate the earliest start time (ES) and earliest finish time (EF) for each activity. We assume that the project starts at time zero.

Activity A: ES = 0, EF = 6
Activity B: ES = 6, EF = 10
Activity C: ES = 10, EF = 16
Activity D: ES = 6, EF = 9
Activity E: ES = 16, EF = 22
Activity F: ES = 9, EF = 12
Activity G: ES = 22, EF = 27
Activity H: ES = 12, EF = 16

Next, we perform the backward pass to calculate the latest start time (LS) and latest finish time (LF) for each activity. We assume that the project is time-constrained and must be completed in 27 units of time.

Activity H: LS = 27 - 4 = 23, LF = 27
Activity G: LS = 27 - 5 = 22, LF = 27
Activity F: LS = 16, LF = 19
Activity E: LS = 22 - 6 = 16, LF = 22
Activity D: LS = 19 - 3 = 16, LF = 19
Activity C: LS = 22 - 6 = 16, LF = 22
Activity B: LS = 19 - 9 = 10, LF = 19
Activity A: LS = 16 - 6 = 10, LF = 16

Finally, we can calculate the slack time (ST) for each activity by subtracting the EF from the LF or the LS from the ES, whichever is smaller.

Activity A: ST = 0
Activity B: ST = 0
Activity C: ST = 0
Activity D: ST = 0
Activity E: ST = 0
Activity F: ST = 3
Activity G: ST = 0
Activity H: ST = 4

The critical activities are those with zero slack time, which are activities A, B, C, D, E, and G. The time-constrained project duration is 27 units of time, which is the latest finish time for activity H.

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in january, pilgrim properties hired sam as cus- todian and furnished him with an apartment in the building where he worked. two months later sam was fired for failing to perform his janitorial duties, but he refused to give up the apartment. pilgrim brought suit to recover possession. what type of property interest does sam have? will pilgrim win? why or why no

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Sam likely has a leasehold interest in the apartment, as he was furnished with it by Pilgrim Properties when he was hired as a custodian.

However, the specifics of the lease agreement between Sam and Pilgrim Properties would need to be examined to determine the exact nature of his property interest.

Pilgrim Properties may ultimately win the suit to recover possession of the apartment if they can prove that Sam's lease agreement was contingent upon his continued employment and performance of his duties as a custodian.

If this is the case, then Sam's failure to perform his duties would have effectively nullified his leasehold interest in the apartment, and Pilgrim Properties would have the right to evict him.

However, if Sam's lease agreement did not contain such a contingency, he may have a stronger case for retaining possession of the apartment. Ultimately, the outcome of the suit will depend on the specific terms of Sam's lease agreement and the evidence presented in court.

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a family is purchasing a house and needs to finance a $195,000 mortgage from the bank with an annual percentage rate (apr) of 5.3%. the family is financing it over 30 years and making monthly payments. what is the total amount the family will pay back to the bank (to the nearest dollar)?

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The total sum the family will pay back to the bank, to the closest dollar, is $390,000. 

To calculate the full sum the family will pay back to the bank, we have to consider the month-to-month installment, the number of installments, and the full intrigued paid over the life of the advance.

To begin with, let's calculate the month-to-month installment utilizing the equation for a fixed-rate contract:

M = P * r * [tex](1 + r)^n / ((1 + r)^n - 1)[/tex]

where:

M = month-to-month installment

P = vital (the sum borrowed) = $195,000

r = month to month intrigued rate = APR / 12 / 100 = 5.3% / 12 = 0.00441667

n = number of installments = 30 a long time * 12 months/year = 360

Substituting the values, we get:

M = $195,000 * 0.00441667 * (1 + 0.00441667)[tex]^360[/tex] / ((1 + 0.00441667)[tex]^360[/tex]- 1) = $1,083.32

In this manner, the month-to-month installment is $1,083.32.

Following, let's calculate the full number of installments over the life of the credit, which is 30 a long time * 12 months/year = 360 installments.

At last, let's calculate the full sum paid back to the bank:

Add up to sum paid = Month to month installment * Number of payments

= $1,083.32 * 360

= $389,995.20

Hence, the total sum the family will pay back to the bank, to the closest dollar, is $390,000. 

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When interest rates fall a bank's capital will usually:
a. not change.
b. decrease.
c. turn negative.
d. increase.

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When interest rates fall, a bank's capital will usually increase. The correct option is d.

A bank's capital consists of its assets minus its liabilities, and one of the most important assets of a bank is its loan portfolio. When interest rates fall, the value of the bank's loan portfolio generally remains the same, while the cost of the bank's liabilities (such as deposits) decreases. This means that the bank's net interest margin (the difference between the interest earned on loans and the interest paid on liabilities) increases, which in turn increases the bank's profitability.

As the bank becomes more profitable, its capital position improves. This is because the bank can retain more earnings, which can be added to its capital. Additionally, a higher profitability level can attract new investors, who may be willing to invest capital in the bank.

Thus, the ideal selection is option d.

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true or false: it's better to begin a personal brand site once you're in your career to provide credibility.

Answers

True, it is better to begin a personal brand site once you're in your career to provide credibility. A personal brand site showcases your professional accomplishments, skills, and experience, which can help establish your credibility in your chosen field.

By starting your personal brand site after you have gained some career experience, you'll have more content to share and a better understanding of your professional goals. This allows you to create a more compelling and accurate representation of your personal brand, ultimately enhancing your credibility among potential clients, employers, or collaborators. To create an effective personal brand site, focus on showcasing your achievements, providing relevant information, and maintaining a consistent and professional tone throughout the site's content. Thus, the given statement about personal brand site is true.

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imagine that you work for a truck manufacturer and your team is charged with evaluating the viability of a greenfield truck assembly plant in canada. what management issues should your team consider in making the evaluation? explain. for each fdi theory in this chapter, briefly describe a scenario in which the theory explains why the company investment in canada. what policy instruments can canada use to attract additional fdi inflows?

Answers

When assessing the viability of a new truck assembly facility in Canada, the management group should take a number of factors into account.

Some of them are:

Canadian truck market potential – Access to a skilled labour force Raw material accessibilityLand and building expenses Cost of transporting trucks to Canada Potential government incentives

The management group should also take into account the dangers of starting a new assembly line, such the possibility that not enough trucks will be sold to make the facility viable.

b. For each FDI theory in this chapter, briefly describe a scenario in which the theory explains why the company investment in Canada.

The business can be trying to take advantage of market flaws to obtain a competitive edge.

For instance, if a corporation has created a new technology that enables more fuel-efficient trucks, it can try to set up a production site in a region where environmental restrictions are more stringent in order to gain a competitive edge.

The business can also be trying to diversify its sources of manufacturing to lower risk. For instance, if a corporation is currently dependent on output from a single nation and that nation undergoes political or economic unrest, the company may decide to diversify its production base by making an investment in a new facility in a different nation.

c. What policy instruments can Canada use to attract additional FDI inflows?Tax incentives for foreign businesses are one tool the Canadian government may use to draw in more FDI. Reduced corporate tax rates, expedited allowances for depreciation, and/or tax holidays are a few examples of such incentives. Giving loans or loan guarantees to foreign corporations is another tool for policymaking that might be employed. By doing this, the risk involved in establishing a new truck assembly facility in Canada may be reduced.

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An individual's ____ is that employee's current pay level divided by the midpoint of the pay range.compa-ratiomarket ratiotarget ratiomatrix ratio

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An individual's compa-ratio is that employee's current pay level divided by the midpoint of the pay range. A) Compa-ratio

Compa-ratio is a measure used in compensation management to assess how an employee's current pay rate compares to the midpoint of the pay range for their position. It is calculated by dividing an employee's current salary by the midpoint of the salary range for their position.

The result is expressed as a ratio, with a compa-ratio of 1 indicating that the employee is paid exactly at the midpoint of the salary range, while a compa-ratio of less than 1 indicates that the employee is paid below the midpoint, and a compa-ratio greater than 1 indicates that the employee is paid above the midpoint.

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Complete Question

Which of the following measures is used to assess how an employee's current pay rate compares to the midpoint of the pay range for their position?

A) Compa-ratio

B) Market ratio

C) Target ratio

D) Matrix ratio

pyrrha, a 12-year-old, claimed in a tax return as a dependent of epimetheus and pandora (who have a 35% marginal tax rate), received $8,200 of interest income in 2022. what is pyrrha's gross tax liability for the year? (use tax rate schedule, standard deduction.)

Answers

The gross tax liability is $710 (10% of $7,100).

Based on the information provided, Pyrrha is a 12-year-old dependent of Epimetheus and Pandora who received $8,200 in interest income during 2022. To determine Pyrrha's gross tax liability, we need to apply the tax rate schedule and consider the standard deduction for a dependent.

For the tax year 2022, the standard deduction for a dependent is the greater of $1,100 or the individual's earned income plus $350, not exceeding the regular standard deduction ($12,550).

In this case, since Pyrrha's income is from interest, she would receive the minimum standard deduction of $1,100.

Subtracting the standard deduction from her total income results in a taxable income of $7,100 ($8,200 - $1,100). According to the 2022 tax rate schedule for unmarried individuals, Pyrrha's taxable income falls within the 10% tax bracket.

Therefore, her gross tax liability is $710 (10% of $7,100).

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historically, demand has averaged 4602 units per week with a standard deviation of 581. the company currently has 3823 units in stock. what is the probability of a stockout?

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The probability of a stockout is approximately 9.01%.

To calculate the probability of a stockout, we'll use the z-score formula and a standard normal distribution table. The z-score is given by (X - μ) / σ, where X is the current stock level, μ is the average demand, and σ is the standard deviation.

In this case, X = 3823 units, μ = 4602 units/week, and σ = 581 units. The z-score is:

z = (3823 - 4602) / 581 ≈ -1.34

Now, we'll consult a standard normal distribution table to find the probability corresponding to this z-score. For a z-score of -1.34, the probability is approximately 0.0901.

So, the probability of a stockout is approximately 9.01%.

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