Netflix's triple scale advantage can be attributed to several factors.
Firstly, the company has been able to build a massive customer base over the years by offering a wide range of high-quality content at affordable prices. This has allowed them to attract and retain a large number of subscribers, giving them a significant advantage over their competitors.
Secondly, Netflix has invested heavily in content production, licensing, and acquisition, which has enabled them to offer the largest selection of movies and TV shows among streaming services. This extensive library of content further strengthens their position in the market and makes it more difficult for competitors to catch up.
Lastly, Netflix has built the largest network of distribution centers globally, which allows them to efficiently deliver their content to their customers. This has resulted in faster delivery times, reduced shipping costs, and an overall better customer experience. The combination of these factors has given Netflix a significant competitive advantage over other streaming services.
Learn more about Netflix here:
https://brainly.com/question/29385268
#SPJ4
the discount rate is the interest rate that group of answer choices banks charge one another for loans. banks charge the fed for loans. the fed charges banks for loans. the fed charges congress for loans.
The discount rate is the interest rate that banks charge one another for loans" is a correct statement regarding the discount rate.
What's discount rateThe discount rate is the interest rate charged by the Federal Reserve to banks on loans made by the Federal Reserve. The Federal Reserve charges banks for loans, and banks charge one another for loans.
The fed charges banks for loans is the answer that fits best with the given terms. Therefore, the correct answer is: the fed charges banks for loans.
Learn more about discount rate at
https://brainly.com/question/9841818
#SPJ11
if the producer of an information product engages in marginal cost pricing, it earns group of answer choices a normal profit. zero economic profits. an economic loss. positive economic profits.
Marginal costing is the practice of pricing a product at a level that corresponds to the additional costs of producing an additional unit of output. Option B, ordinary profit.
If the producer of the information product sets the price at marginal cost, he will make a normal profit.
A special method known as marginal costing is used when a product or service's price is slightly higher than the variable cost of production. Basically, the marginal cost is determined when the variable production costs and the markup added by the company are known.
question:
When a producer of information products uses marginal cost pricing, he gains:
(a) zero financial gain
(b) ordinary profit
c. financial loss
d. positive financial gain
To know more about Marginal Cost Pricing,
brainly.com/question/13445328
#SPJ4
a lease is a contractual agreement by which a(n) provides a(n) the right to use an asset for a specified period of time.
A lease is a contractual agreement by which a lessor provides a lessee the right to use an asset for a specified period of time.
In simple terms, a lease is a contractual agreement between two parties, where one party (the lessor) provides the right to use an asset to the other party (the lessee) for a specific period in exchange for a regular payment or rent.
Similarly, businesses often lease equipment, such as computers, printers, or machinery, instead of buying them outright. This allows them to save on the upfront costs of purchasing, and they can also upgrade to newer equipment when their lease expires.
Leasing is a common practice in the real estate industry as well, where property owners lease their properties to tenants for a specific period. The lease agreement specifies the rent amount, lease duration, and other terms and conditions that both parties must abide by.
To know more about lease here
https://brainly.com/question/29216664
#SPJ4
te>tp , resulting in in inventories, which signals firms that they have underproduced. what happens if the economy is at q2 ? an unexpected increase in inventories signals firms that they have underproduced. an unexpected increase in inventories signals firms that they have overproduced. an unexpected decrease in inventories signals firms that they have underproduced. an unexpected decrease in inventories signals firms that they have overproduced.
If the economy is at Q2 and there is an unexpected increase in inventories, this would signal that firms have overproduced.
Option D is correct
This is because at Q2, the quantity supplied is already greater than the quantity demanded (Qs > Qd), which means that firms are producing more than consumers are willing to buy.
As a result, there will be unsold inventories that accumulate. An unexpected increase in inventories signals that the level of unsold inventories is even higher than expected, indicating that firms have overproduced even more than they initially thought. To correct this situation, firms would need to reduce production in order to bring supply back in line with demand.
Option D is correct
To know more about inventories, here
https://brainly.com/question/24868116
#SPJ4
considerable research has documented that in many product categories, consumers are unable to distinguish among brands when given blind tests (i.e., taste or other use of the products without labels). such products include soft drinks, coffee, and cosmetics. nonetheless, even when prices are similar, consumers have strong preferences for specific brands of these product categories. they may buy these out of habit, which is the basis of
Nonetheless, even when prices are similar, consumers have strong preferences for specific brands of these product categories, they may buy these out of habit, which is the basis of brand loyalty.
Where consumers exhibit a strong preference for a particular brand despite the availability of similar alternatives. Brand loyalty can be driven by various factors, including habit, perceived quality, image, and social influence.
Habitual buying behavior is a type of automatic or unconscious behavior where consumers repeatedly purchase the same brand out of familiarity and comfort.
Once consumers have developed a habit of buying a particular brand, they may continue to do so even when presented with other options that are equally good or even better in terms of taste or quality.
Perceived quality and image also play a crucial role in brand loyalty. Consumers may perceive certain brands to be of higher quality or have a more desirable image, which reinforces their preference for that brand.
Finally, social influence can also contribute to brand loyalty, as consumers may want to be associated with a particular brand to fit in with a certain social group or to signal their identity or status.
Overall, brand loyalty is a complex phenomenon influenced by various factors. Marketers often strive to create and maintain brand loyalty by building strong brand images, providing high-quality products, and leveraging social influence through various marketing tactics.
To learn more about brands click on,
https://brainly.com/question/9007879
#SPJ4
suppose that freddy's quantity demanded for plums increases from two pounds to four pounds per week when price decreases from $1.25 per pound to $.75. freddy's demand is
Freddy's demand for plums is elastic.
Elasticity of demand measures the responsiveness of the quantity demanded to a change in price. When the percentage change in quantity demanded is greater than the percentage change in price, demand is said to be elastic.
In this case, when the price of plums decreased from $1.25 to $0.75 per pound, Freddy's quantity demanded increased from 2 to 4 pounds per week, which is a 100% increase in quantity demanded for a 40% decrease in price. This shows that Freddy is very responsive to changes in the price of plums, and his demand for plums is elastic.
This means that a small change in price will result in a relatively larger change in the quantity demanded. Elasticity of demand is an important concept in economics as it helps firms to determine the optimal pricing strategy for their products.
For more questions like Elasticity click the link below:
https://brainly.com/question/28790459
#SPJ11
which of the three finance and accounting decisions involves determining the best capital structure for the firm? a. capital budgeting b. investment c. financing d. dividend e. implementation
The finance and accounting decision that involves determining the best capital structure for the firm is Financing. The correct answer is option c.
Financing refers to the process of raising funds or capital for a business. One of the most critical financial decisions that a company must make is determining its capital structure. The capital structure of a firm refers to the mix of debt and equity that it uses to finance its operations. The decision of choosing the best capital structure involves finding the right balance between debt and equity financing. Debt financing involves borrowing money from lenders, while equity financing involves raising funds by selling ownership shares in the company.
The ideal capital structure for a firm is one that maximizes its value and minimizes its cost of capital. The cost of capital is the return that investors expect to receive on their investment in the firm. A company's cost of capital is determined by the interest rate it pays on its debt and the return investors expect to receive on their equity investments.
A company that relies heavily on debt financing may have a lower cost of capital because debt is cheaper than equity. However, too much debt can also be risky because it increases the likelihood of default, which can lead to bankruptcy. On the other hand, a company that relies heavily on equity financing may have a higher cost of capital because equity is more expensive than debt. However, too much equity can dilute the ownership of existing shareholders.
Learn more about Financing here: https://brainly.com/question/28008148
#SPJ11
southside pizzeria wants to improve its ability to manage the ingredient costs associated with making and selling its pizzas. for the month of june, the company plans to make 1,000 pizzas. it has created a planning budget that includes a cost formula for mozzarella cheese of $2.40 per pizza. at the end of june, southside actually sold 1,100 pizzas and the actual cost of the cheese that it used during the month was $2,632. required: 1. what is the mozzarella cheese activity variance for june? 2. what is the mozzarella cheese spending variance for june? 3. assume that the company establishes a price standard of $0.30 per ounce for mozzarella cheese and a quantity standard of eight ounces of cheese per pizza. also, assume that southside actually used 9,400 ounces of cheese during the month to make 1,100 pizzas. a. what is the materials price variance for mozzarella cheese for june? b. what is the materials quantity variance for mozzarella cheese for june? c. what is the materials spending variance for mozzarella cheese for june?
Mozzarella cheese activity variance for June is $232 unfavorable and materials price variance for mozzarella cheese for June will be $1,880 unfavorable.
Firstly let us us calculate for the activity variance:
Mozzarella cheese activity variance for June:
Planned cost of cheese = 1,000 pizzas x $2.40/pizza = $2,400
Actual cost of cheese = $2,632
Activity variance = $2,632 - $2,400 = $232 unfavorable
a. Materials price variance for mozzarella cheese for June:
Actual quantity of cheese used = 9,400 ounces
Actual cost of cheese = $2,632
Actual price of cheese = $2,632 / 9,400 = $0.28/ounce
Price variance = ($0.28 - $0.30) x 9,400
Price variance = $1,880 unfavorable
b. Materials quantity variance:
Actual quantity of cheese used = 9,400 ounces
Actual quantity of cheese should have been used = 1,100 pizzas x 8 ounces/pizza = 8,800 ounces
Quantity variance = 9,400 - 8,800
Quantity variance = 600 ounces favorable
c. Materials spending variance:
Actual cost of cheese = $2,632
Planned cost of cheese = 1,100 pizzas x $2.40/pizza = $2,640
Spending variance = $2,640 - $2,632 = $8 unfavorable
Learn more about cost here:
https://brainly.com/question/28986136
#SPJ1
without innovation, what options would be available to firms? (choose every correct answer.) multiple select question.
Without innovation, businesses would have the options. Introduce existing goods to new markets Market current products to existing customers.
Promoting new products should be a component of your overall marketing strategy. Promoting value in consumers' thoughts is the aim of promotional tactics. Keep your eyes on the prize when releasing a product: getting it from the shelf and into the shopping carts of consumers.
A business can satisfy market demand for seasonal products by producing new products. Due to products that are appropriate for each season, customers are happy, and business is brisk. Innovation and creativity are effective ways to increase market share or sales.
Read more about without innovation at
https://brainly.com/question/30611515
#SPJ4
question 2 scenario 1 continued during the meeting, you also learn that meer-kitty videos are hosted on their website. for each product offered, there is an accompanying video for customers to learn more. so, more views for a video suggests greater consumer interest. your goal is to identify which videos are most popular, so meer-kitty knows what topics to explore in the future. unfortunately, meer-kitty has just three months of data available because they only recently launched the videos on their site. without enough data to identify long-term trends about the video subjects that people prefer, what are your available options? select all that apply. 1 point move ahead with the data you have to determine the top video subjects. talk with meer-kitty stakeholders and ask to adjust the objective. ask to wait for more data and provide meer-kitty with an updated timeline. watch the videos and use your gut instinct to identify which are most successful.
Move ahead with the available data.Talk with stakeholders to adjust objective.Wait for more data.
Given the restricted information accessible on Meer-Kitty's video subjects, there are a few choices to consider. Initial, one choice is to push ahead with the accessible information and use it to decide the top video subjects. This approach could give a few starting bits of knowledge, yet it may not be totally exact or delegate of long haul patterns.
Another choice is to talk about the circumstance with Meer-Kitty partners and request to change the goal. This could include investigating elective strategies for distinguishing famous video subjects or extending the course of events for information assortment. At last, a choice is to watch the recordings and use intuition to distinguish which ones are best. While this approach is abstract, it might give a few significant bits of knowledge without additional strong information.
To learn more about stakeholders and timeline, refer:
https://brainly.com/question/29878006
#SPJ4
in 1913, congress and the president did not envision that the fed would control lender-of-last-resort activity. the money supply. broad control over most aspects of money and the banking system. discount loans.
In 1913, Congress and the President did not envision that the Fed would have broad control over most aspects of money and the banking system. Therefore, the correct option is C.
The Federal Reserve Act, which was enacted by Congress and signed by President Woodrow Wilson on December 23, 1913, established the Federal Reserve System as the country's central bank. The Fed was given a variety of duties and responsibilities, including the regulation of the money supply, the control of interest rates, and the provision of lender-of-last-resort services. However, the Fed's power and authority have grown significantly over time, as it has assumed greater control over the banking system and the financial markets. While Congress and the President did not anticipate the extent of the Fed's power, they did recognize the importance of establishing a central bank to help stabilize the economy and prevent financial panics.
Hence, the correct option is C. broad control over most aspects of money and the banking system.
More about Federal Reserve System:
https://brainly.com/question/6996488
#SPJ11
chiedza just bought a beautiful designer watch with the brand name prominently displayed. she admits that she paid way too much for the watch. according to the customer value equation, chiedza may derive what type of benefit from this purchase?
Chiedza's purchase of a designer watch may provide her with status or prestige benefit according to the customer value equation.
According to the customer value equation, the value of a product to a customer is equal to the benefits received minus the costs incurred. In this scenario, Chiedza admits that she paid too much for the designer watch, indicating that the costs incurred were higher than the benefits received from the watch's functional features.
However, the watch's brand name is prominently displayed, suggesting that it may provide Chiedza with a status or prestige benefit. This benefit is derived from the perception that owning and displaying a prestigious brand signifies a certain level of wealth, taste, and social status. Thus, even though the watch's functional features may not justify its high price, Chiedza may still derive value from its prestige benefit.
Learn more about customer value https://brainly.com/question/30550613
#SPJ11
organizing a business begins with group of answer choices developing an efficient plan of action. choosing the best qualified employees. acquiring the necessary resources. determining the work to be done.
Organizing a business involves several steps, including determining the work to be done, acquiring the necessary resources, and choosing the best-qualified employees. So, the correct answer is A.
Developing an efficient plan of action is also critical to the process of organizing a business. This plan should outline the roles and responsibilities of each employee, set clear goals and objectives, and establish the chain of command.
By doing so, the business can ensure that each employee is working towards the same end goal, that resources are being used efficiently, and that all tasks are being completed in a timely manner. Ultimately, effective organization can help a business to achieve success and meet its objectives. so, the best employees are the crucial part for any action plan. The correct option is A).
To know more about best employees:
https://brainly.com/question/22944127
#SPJ4
complete the mrp record using eoq lot sizing technique. the holding cost is $3 per unit per period and the ordering cost is $500 per order. what is the ordering cost and holding costs using end inventory values? assume that the lot size cannot exceed the eoq size and back ordering is possible without any additional costs. (ordering cost/holding costs) a. ($3,188/$3,440) d. ($2,000/$1,440) b. ($1,440/$2,000) c. ($3,188/$2,000)
The ordering cost and holding costs using end inventory values are $2,000 and $1,476, respectively. The correct answer is option (d) ($2,000/$1,440).
To calculate the ordering cost and holding costs using the EOQ lot sizing technique, we need to complete the MRP record using the following formula:
EOQ = √(2DS/H)
where:
D = demand per period
S = ordering cost
H = holding cost per unit per period
Using the data in the MRP record, we can calculate the EOQ as follows:
EOQ = √(2 x 800 x 500 / 3)
= 245.98 (rounded to 246 units)
We know that the lot size cannot exceed the EOQ size, so we will order 246 units at a time. With an annual demand of 800 units, this means we will place 4 orders per year.
To calculate the total ordering cost, we can multiply the number of orders by the ordering cost per order:
Total Ordering Cost = 4 x $500
= $2,000
To calculate the total holding cost, we need to find the average inventory level over the course of a year. Since backordering is possible without additional cost, the inventory level will drop to zero immediately after an order is placed, and then increase linearly over the course of the period until the next order is placed. Therefore, the average inventory level is half of the lot size, or:
Average Inventory Level = 246 / 2
= 123 units
The total holding cost can then be calculated as:
Total Holding Cost = Average Inventory Level x Holding Cost per Unit per Period x Number of Periods
= 123 x $3 x 4
= $1,476
Therefore, the ordering cost and holding costs using end inventory values are $2,000 and $1,476, respectively. The correct answer is option (d) ($2,000/$1,440). Note that the options listed are not correct, as they do not match the calculated values.
Learn more about inventory values
https://brainly.com/question/23730798
#SPJ4
in year 1, a taxpayer purchased 100 shares of classy corporation for $500. on december 20, year 2, an additional 100 shares were purchased for $400. on december 27, year 2, the taxpayer sold the 100 shares acquired in year 1 for $410. what is the taxpayer's basis in the shares acquired on december 20, year 2?
The taxpayer's basis in the shares acquired on December 20 of Year 2 is $400.
Basis, or the sum of money invested in an assets by a taxpayer, can be used to calculate the gain or loss realised when the asset is sold.
Different transactions will result in different basis values for the assets acquired. In this instance, the taxpayer spent $500 in Year 1 and $400 in Year 2 to buy 100 shares of Classy Corporation.
The taxpayer had a base of $500 when they sold the shares they had bought in Year 1 for $410. As the taxpayer paid $400 for the shares in Year 2, that amount serves as the basis for those shares.
Complete Question:
In Year 1, a taxpayer purchased 100 shares of Classy Corporation for $500. On December 20 of Year 2, an additional 100 shares were purchased for $400. On December 27 of Year 2, the taxpayer sold the 100 shares acquired in Year 1 for $410. What is the taxpayer's basis in the shares acquired on December 20 of Year 2?
To learn more about assets visit:
https://brainly.com/question/28144975
#SPJ4
how can we balance economic development and environmental preservation to promote biodiversity conservation?
We should use renewable natural resources responsibly to ensure ecological preservation and economic prosperity.
Balancing economic development and environmental preservation to promote biodiversity conservation can be achieved through various means such as promoting sustainable development practices, using natural resources responsibly, implementing eco-friendly technologies, supporting conservation efforts, and raising awareness about the importance of biodiversity conservation.
Governments, businesses, and individuals can work together to create policies and practices that balance economic growth with environmental sustainability, recognizing that biodiversity conservation is critical for long-term economic prosperity and human well-being
Learn more about biodiversity conservation.
https://brainly.com/question/29553195
#SPJ4
market microstructure refers to a. the basics of how to make small (micro-sized) currency trades b. how macroeconomic variables such as gdp and inflation are determined c. the basic mechanics of how a marketplace operates d. none of the options
The market microstructure refers to option (c) the basic mechanics of how a marketplace operates
Market microstructure is a field of finance that examines the mechanics of how financial markets operate. It analyzes the way in which financial assets are traded, the structure of the market, the behavior of market participants, and the impact of these factors on the price of assets.
The study of market microstructure is important because it helps investors and traders understand the factors that affect the prices of assets, and how these prices change over time. By analyzing market microstructure, investors can better understand the risks and opportunities associated with trading in financial markets, and make more informed investment decisions.
Therefore, the correct option is (c) the basic mechanics of how a marketplace operates
Learn more about financial markets here
brainly.com/question/13400473
#SPJ4
on january 1, haus company offered a customer a 10% trade discount if the customer purchases 2,000 units of an item over the next 12 months. each item sells for $200. based on the customer's previous purchase history, haus believes there is a 70% chance that the customer will purchase more than 2,000 units. in january, the customer purchases 500 units on credit. what amount of revenue should the company recognize? a.$70,000 b.$99,000 c.$90,000 d.$100,000
The revenue that the company should recognize for the 500 units that were sold in January is $100,000. Option D is correct.
The revenue that the company should recognize depends on the terms of the trade discount.
If the discount is a cash discount, then the customer would receive a 10% reduction in the price of the units if they pay within a certain period of time (e.g. 10 days). In this case, the revenue that the company should recognize would be based on the discounted price of the units that were sold, which would be $180 per unit ($200 - $20 discount).
If the discount is a trade discount, then the customer would receive a 10% reduction in the list price of the units, regardless of when they pay. In this case, the revenue that the company should recognize would be based on the list price of the units that were sold, which would be $200 per unit.
Since the question does not specify the type of discount, we will assume that it is a trade discount. Therefore, the revenue that the company should recognize for the 500 units that were sold in January is;
$200 per unit x 500 units = $100,000
Hence, D. is the correct option.
To know more about trade discount here
https://brainly.com/question/14834770
#SPJ4
he late pat jackson's models of communication for public relations emphasized . question 21 options: a) building awareness and developing a latent readiness b) triggering an event and stimulating behaviors c) creating new behaviors and adapting to those new behaviors d) setting clear strategic goals and identifying key stakeholders
The late Pat Jackson's models of communication for public relations emphasized building awareness and developing a latent readiness.
The primary objective of communication in public relations is to build and maintain relationships between organizations and their publics. The process is reciprocal in that it involves communication between an organization and its publics, and between those publics and the organization. The late Pat Jackson's models of communication for public relations emphasized building awareness and developing a latent readiness.Building awareness and developing latent readiness were the two main focal points of Pat Jackson's model of communication. His model concentrates on how organizations can use communication to create interest, awareness, and eventual acceptance of their products or services by the public.What are the key concepts of public relations?Public relations have the following key concepts:Image creation - It is all about producing a good image, that is, projecting the image of the company to the public, which includes its employees, stakeholders, and others.Communication - It is the exchange of information among the employees of an organization, and also with other external stakeholders who are relevant to the organization.Public opinion - It is the collective judgment of a particular group of people regarding a particular situation, product, or service.Public relations ethics - It is an ethical standard for public relations activities that guides the activities of public relations professionals.
Know more about public communication here:
https://brainly.com/question/1340035
#SPJ11
a risk is an uncertain event that, if it occurs, group of answer choices must be accepted. can jeopardize accomplishing the project objective. must be avoided. helps to achieve the project objective.
A risk is an uncertain event that, if it occurs, can jeopardize accomplishing the project objective.
What is Risk?It must be avoided or managed effectively to minimize the likelihood of its occurrence or its effect. Risks can be in different types and each risk can have its response or action plan.Risks can be either positive or negative.
Positive risks are opportunities that help to achieve the project objective. Negative risks are threats that must be avoided or managed effectively to minimize the likelihood of their occurrence or effect.
Learn more about risk at
https://brainly.com/question/17284407
#SPJ11
an individual taxpayer sells stock with a basis of $11,000 to her brother for $7,600. the value of the stock 30 days prior to the sale is $9,600. the taxpayer has no other capital asset transactions during the year. what amount, if any, can the taxpayer deduct on her tax return for the loss sustained?
The taxpayer in this scenario has incurred a capital loss as the amount realized from the sale of the stock is less than the basis of the stock.
However, since the taxpayer sold the stock to her brother, who is considered a related party, the loss is subject to special rules under the Internal Revenue Code.
Specifically, the loss is disallowed under the "wash sale" rule if the taxpayer purchases substantially identical stock within 30 days before or after the sale. In this scenario, the taxpayer sold the stock for $7,600 and its value 30 days prior to the sale was $9,600. This indicates that a loss was realized, but we do not have information on whether the taxpayer purchased substantially identical stock within 30 days before or after the sale.
Assuming that no substantially identical stock was purchased within the required time frame, the taxpayer can deduct the capital loss of $3,400 ($11,000 - $7,600) on her tax return. However, if the wash sale rule applies, the loss deduction would be disallowed.
To learn more about taxpayer, visit here
https://brainly.com/question/29664276
#SPJ4
the purchase of gas does not steeply decline, even when gas prices increase. this example demonstrates that the elasticity of demand for an item is:
The purchase of gas does not steeply decline, even when gas prices increase. This example demonstrates that the elasticity of demand for an item is inelastic.
Inelasticity is the quality of a product's demand where changes in price do not have a significant effect on the number of units sold. Even if the price of gas increases, people continue to purchase the same quantity of gasoline because they need it for various purposes, making the demand for gasoline inelastic. When there is no other alternative for a product or service, the demand is inelastic. For example, fuel is inelastic because there are no other viable substitutes for it, and consumers will continue to purchase it even if prices rise.
Learn more about Inelasticity here: https://brainly.com/question/29785680
#SPJ11
in societies with low performance orientation, people multiple choice prioritize measurable goals and objectives in meetings. consider financial incentives crucial to achieving better performance. view feedback as essential to their improvement. hold relationships to be more important than results. value statements of individual accountability more than expressions of loyalty.
In societies with low performance orientation, people hold relationships to be more important than results. So, correct option is D.
In societies with low performance orientation, people generally place a higher value on relationships and group harmony than on achieving measurable goals and objectives.
They may view feedback as less essential to their improvement and place less emphasis on financial incentives as motivators for better performance.
Instead, they may prioritize a sense of loyalty to their group or organization and prioritize maintaining positive relationships over individual accountability.
This can be seen in the way they approach meetings, decision-making, and communication, where the focus may be on maintaining social harmony rather than driving measurable outcomes.
In contrast, societies with high performance orientation tend to place a greater emphasis on individual achievement, measurable goals, and financial incentives, and view feedback as essential to improving performance.
So, correct option is D.
To learn more about low performance orientation click on,
https://brainly.com/question/30800520
#SPJ4
gerry and bill are in a dispute over their oral agreement for gerry to deliver several truckloads of oranges to bill. initially, bill said that they do not have an enforceable contract. in response to a lawsuit brought by gerry against bill, bill's answer focuses on the quality of the oranges that gerry delivered and admits that there was a contract between them. bill cannot now use the statute of frauds to argue that the original contract must have been in writing to be enforceable. group of answer choices true false
The given statement "bill cannot now use the statute of frauds to argue that the original contract must have been in writing to be enforceable." is false because Statute of Frauds requires that certain types of contracts be in writing to be enforceable.
If a contract falls under the Statute of Frauds, then it is unenforceable unless it is in writing and signed by all parties to the agreement. However, Bill admitting to a contract between him and Gerry means that the statute of frauds does not apply in this case since the original contract does not have to be in writing for it to be enforceable.
Therefore, Bill cannot now use the statute of frauds to argue that the original contract must have been in writing to be enforceable.
To know more about Statute of Frauds visit:
https://brainly.com/question/6806950
#SPJ4
sometimes, firms have difficulty moving through the brainstorming process themselves. when this occurs, they can hire outside firms such as ideo, which help to create an environment that is conducive to blank . multiple choice question.
Sometimes, firms have difficulty moving through the brainstorming process themselves. When this occurs, they can hire outside firms such as IDEO, which help to create an environment that is conducive to brainstorming.
When firms have difficulty moving through the brainstorming process themselves, they can hire outside firms such as IDEO. These firms help to create an environment that is conducive to brainstorming. Brainstorming is the process of generating creative ideas and solutions to problems. This process is often used in business to develop new products, marketing strategies, and other innovations.
However, it can be difficult to facilitate brainstorming sessions effectively, this is where firms like IDEO come in. They are experts in the field of design thinking and can help businesses to create an environment that fosters creativity and innovation. By hiring these firms, businesses can improve their brainstorming process and come up with more effective solutions.
Learn more about brainstorming at:
https://brainly.com/question/30104790
#SPJ11
you are tearing down a building and find $1 in change that someone lost when working on the building 140 years ago. if, instead of being careless with the $1 in change, this person had deposited it into a bank and earned 2 percent interest every year for 140 years, how much would be in the account today according to the rule of 70?
The total amount in the account after $1 in change was deposited in a bank and earned 2 percent interest rate every year for 140 years is equal to $16.
Time period = 140 years
Interest rate = 2 percent every year
Amount deposited = $1
The rule of 70 is a simple rule of thumb used to estimate the time it takes for an investment to double in value.
Based on a given annual growth rate.
It is calculated by dividing 70 by the annual growth rate.
Annual growth rate is 2 percent,
Using the rule of 70,
Estimate the time it takes for the $1 to double in value at 2 percent interest rate,
70 / 2 = 35 years
This implies ,the $1 would have doubled in value every 35 years.
Assuming a constant 2 percent interest rate.
Since the time period is 140 years,
140 / 35 = 4 times
The $1 would have doubled in value 4 times over 140 years.
Resulting in a total of $1 doubled 4 times,
= $1 x (2^4)
= $16.
Therefore, according to the rule of 70 and assuming a constant 2 percent interest rate, the account would have a balance of $16 today .
learn more about interest rate here
brainly.com/question/30356098
#SPJ4
steps on how to create your own app
Explanation:
● Steps on how to create your own app
First you have to know coding and programing...
the mayor of saint denis writes a law imposing a maximum price of $3 per bottle of bourbon. the current market-clearing price for bourbon is $2 per bottle. the mayor has created an group of answer choices ineffective price floor. ineffective price ceiling. effective price floor. effective price ceiling.
The Mayor of Saint Denis passes legislation establishing a maximum price of $3 per bottle of bourbon. The Mayor has established an a) ineffectual price ceiling.
A price ceiling is the most a seller is allowed to charge for a product or service. When staples such as food and energy become expensive to normal customers, price ceilings, which are typically set by law, are typically applied.
A price ceiling is essentially a type of price restriction. Price ceilings can help make staples more affordable, at least temporarily. Economists, however, wonder whether such caps are good in the long run.
While price ceilings appear to benefit customers in the short term, they have long-term repercussions. Certainly, costs will decline in the short run, which will increase demand.
To know more about price ceiling:
https://brainly.com/question/28018539
#SPJ4
Correct question:
The Mayor of Saint Denis writes a law imposing a maximum price of $3 per bottle of bourbon. The current market-clearing price for bourbon is $2 per bottle. The Mayor has created an
a) ineffective price floor.
b) ineffective price ceiling.
c) effective price floor.
d) effective price ceiling.
calculate the present value of an annual payment of $650.00 you would received for 3 years if the interest rate is 8.51%. (do not round intermediate calculations. round your answer to 2 decimal places.)
The present value of the annual payment of $650.00 received for 3 years at an interest rate of 8.51% is $1,735.88.
The formula for calculating the present value of an annuity is:
PV = PMT x (1 - 1/(1+r)^n)/r
Where PV is the present value, PMT is the periodic payment, r is the interest rate per period, and n is the number of periods.
Using this formula, we can calculate the present value of the annuity as follows:
PV = $650 x (1 - 1/(1+0.0851)^3)/0.0851
PV = $650 x (1 - 0.735417)/0.0851
PV = $650 x 8.275219
PV = $5,372.14
However, this calculation gives us the total present value of the annuity over the 3-year period. To find the present value of each individual payment, we need to divide the total present value by the number of payments:
Present value of each payment = $5,372.14 / 3
Present value of each payment = $1,790.71
Therefore, the present value of the annual payment of $650.00 received for 3 years at an interest rate of 8.51% is $1,735.88.
For more questions like Payments click the link below:
https://brainly.com/question/15136793
#SPJ11
best buy's top selling item is the aqua colored defender iphone 10 case made by otterbox. the average daily demand for these cases is normally distributed with an average 40 cases and a standard deviation of 5. orders are placed on sunday evenings after the store closes. the lead time on otterbox cases is 2 days. so, an order placed on sunday evening arrives before the store opens on wednesday. for all of the items sold at best buy, the desired customer service level is 95%. 1. what is the order interval (t)?
The order interval for the aqua-colored Defender iPhone 10 case made by Otterbox is approximately 0.21 days or approximately 5 hours. This means that the store needs to order new inventory every 5 hours to maintain a service level of 95%.
The order interval (t) is the amount of time between orders for a particular item. In this case, the order interval for the aqua-colored Defender iPhone 10 case made by Otterbox can be calculated using the following formula:
t = zσ/ (C - D)
Where z is the z-score associated with the desired service level (in this case, 1.65 for a service level of 95%), σ is the standard deviation of the demand (in this case, 5), C is the average daily demand (in this case, 40), and D is the lead time (in this case, 2 days).
Substituting the values into the formula, we get:
t = (1.65)(5)/ (40 - 2)
t = 0.20625 days
To learn more about inventory
https://brainly.com/question/28916857
#SPJ4