Rent Expenses for 1 month will be ($2,100/ 3 Months) * 1 month = $700
calculate the adjusting entry for the scenario provided.Adjusting entry for the prepaid rent on January 31:
Jan. 31 Rent expense $700
Prepaid rent $700
( To record rent expense for January )
Rent Expenses for 1 month will be ($2,100/ 3 Months) * 1 month = $700
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The best time to document the administration of an immunization is before it is administered. True or false
False, The best time to document the administration of an immunization is after it is completed.
No documentation should be prior to the procedure. The administrations of an immunizations should be documented as soon as possible after it gets completed.
Immunization information is confidential and stored in a computerized database where all the consolidated information related to the immunization is stored.
It helps to keep the record of patients vaccines up to date and gives to all medical providers that care for the patients medical history.
Immunization providers may also gives information about the who do not have the documentation of the vaccine they received.
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yesterday you borrowed $30 from your brother. every day that you don't pay it back, you owe $2.00 more. so today, day 1, you owe him $32.00; on day 2 you will owe him $34.00; on day 3 you will owe him $36.00, etc. if you still haven't paid him back, how much will you owe him on day 22?
If you borrowed $30 from your brother yesterday, your debt on day 22 is $74 for each day you don't repay it.
What exactly is a sequence?It is described as the methodical representation of data that adheres to a particular arithmetic rule. Divergent sequences are those where the terms never stabilize but instead continuously increase or decrease as n approaches infinity, approaching either infinity or -infinity.
Calculation:
My brother loaned me $30. I must pay $2 every day that I don't pay.
Then, the phrase for the total amount I owe my brother is: Let the number of days I don't pay for be x.
Total = 30 plus 2x
The sum that must be paid on day 22 is therefore Total = 30 + 2(22)
= 30 + 44 = 74.
So on day 22, I owe my brother $74 in total.
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Your marketing team is currently working through the target market selection process to identify which customers your firm will target with a new technology product being developed. You are currently in the process step where you must consider the target market characteristics, the product attributes, and the firm’s objectives and resources. Which of the five steps in the target market selection process are you currently working on?.
The five steps in the target market selection process are you currently working on Identify the appropriate targeting strategy.
An organization plans, executes, and maintains a marketing mix that is appropriate for the requirements and preferences of a target market, which is a collection of consumers (individuals, families, or organizations).
Compared to bulk marketing, target marketing is counterproductive. It entails locating and choosing particular portions to receive extra attention. Choosing a target market is only one of the numerous choices that business analysts and marketers must make during the segmentation process.
The general process known as S-T-P (Segmentation, Targeting, and Positioning) includes selecting a target market (or target markets). Before a company can create a positioning strategy, it must first divide the market into segments and choose one or more goals.
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why might federal government regulators be more likely to monitor the state of the banking industry than the health of other industries, such as restaurants, software companies, or department stores? aren't those industries also important to the economy? a. the banking industry employs more workers than any other industry, so its health is vital to the economy. b. the banking industry prints the money that the government needs to function so that its financial health is protected. c. even though a bank failure would not harm businesses, households would lose all the money that they had deposited in the banks. d. the banking industry is more interconnected with many parts of the economy than are most other industries, which means that large-scale bank failures can endanger the economy as a whole.
Federal government regulators are more likely to monitor the state of the banking industry than the health of other industries, such as restaurants, software companies, or department stores because option A b. the banking industry prints the money that the government needs to function so that its financial health is protected.
The Federal government in the banking sector is essential to modern economies. As a major lender, we provide financing for people to buy cars and homes, businesses to buy equipment, expand their businesses, and pay salaries.
Banks also play a central role in communicating monetary policy. Monetary policy is one of the most important tools for governments to achieve economic growth without inflation. Central banks control the money supply at the national level, while banks facilitate the flow of money in the markets in which they operate.
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59.) ""a lease that provides for specified changes in the amount of rent at one or more points during the lease term"" is called a(n) lease.
A lease that provides for specified changes in the amount of rent at one or more points during the lease term" is called a(n) Graduated Rental lease.
What is graduated rental lease?A graduated lease, which specifies a regular modification of monthly payments, is a contract between a lessor and a lessee, or landlord and renter.Due to market conditions or an increase in the value of the leased property, a tenant may be obliged to pay a higher rent.When it comes to real estate contracts where prices increase over time, a graded lease can be a better option.The terms graded leases and graduated leases are interchangeable. Graduated leases often have longer lengths than regular straight or fixed leases, which typically have one to two-year tenure.To learn more about graduated lease visit:
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Bart works as an accountant for Good Times Restaurant. He is responsible for not only keeping the books current but also for making daily bank deposits for Good Times. Bart has been struggling financially, so he decides to put some of the daily bank deposits for Good Times into his personal account, instead of the bank account of Good Times. Every day, for one month, he takes ten percent of the cash receipts from Good Times and deposits them into his personal checking account. When the manager of Good Times discovers what Bart is doing, she contacts the police, and Bart is arrested. Bart can be found guilty of:____.
a. Robbery.
b. Larceny.
c. Hacking.
d. Embezzlement
If an adjustment for salaries earned but not recorded or paid in the amount of $85,000 were to be omitted, how would this affect the financial statements?
This transaction will be affected as Net income would be overstated on the income statement by $85,000 and Expenses would be understated in the income statement. Thus the correct option is D.
What is Financial Statement?A financial statement helps to determine the expenses and earnings that take place within a year which is used to calculate the profit and loss of the organization.
When the adjustment for salaries is earned but not recorded with the amount of $85, 000 then this would affect the liability in the balance sheet along with overstating the net income and understating the expenses.
Therefore, option D is appropriate.
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The complete question is -
If an adjustment for salaries earned but not recorded or paid in the amount of $85,000 were to be omitted, how would this affect the financial statements?
a.Net income would be overstated on the income statement by $85,000.
b.Liabilities would be understated on the balance sheet for $85,000.
c.Expenses would be understated on the income statement by $85,000.
d.All of these effects would occur.
A small dance studio needs someone to manage their social media presence. They do not need someone to come into the studio to do the job. The person who fills this position would be a:
A remote worker.
B traditional worker.
C entrepreneur
D manager.
If a small dance studio needs someone to manage their social media presence. They do not need someone to come into the studio t o do the job. The person who fills this position would be a: A remote worker.
Who is a remote worker?A remote worker can be defined as someone that work directly from home as the person does not physically have to be in a office before performing his/her job.
Based on the scenario the person that will fills this position would be a remote worker since they do not need someone to come into the studio to do the job.
Therefore the person who fills this position would be a: A remote worker.
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When a government fines and/or imprisons persons convicted of using illegal drugs, the government is attempting to decrease the illegal drug trade by shifting the ________ curve for illegal drugs ________.
When a government fines and/or imprisons persons convicted of using illegal drugs, the government is attempting to decrease the illegal drug trade by shifting the supply curve for illegal drugs leftward.
For a party's infractions of rules or regulations, the government may fine them in a non-criminal manner. Typically, civil penalties are limited to financial compensation for damages, such as civil fines or other payments. Government agencies or private parties acting on their behalf may file a civil penalty action or can imprison them. Traffic citations, such as parking tickets and speeding tickets, make up a sizable portion of low-level penalties and costs. A government fine is a sanction that, once a crime has been committed, forces the guilty party to pay a predetermined amount of money to the public coffers. If the dates for payment are not followed, the fine may be raised or may imprison one.
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High point, plymouth rock, and pallasades are all names that identified each company as the seller of their offerings. This is also known as the companies ______.
Names like High Point, Plymouth Rock, and Pallasades designated each business as the provider of its products. This also goes by the name of the company's brand.
More about company's brand name:
A brand name sets a specific company, product, or service apart from competing brands in the same market. Brand names usually include a logo, and they are frequently registered with the USPTO in order to protect their equity.
The trade name or name of the firm is the name given to a company that has been incorporated under the Companies Act. Simply described, it is the legal name under which an individual or group of individuals wishes to conduct any business transaction with the intention of making a profit.
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sasha makes her decisions based on preexisting information gained from a combination of life and work experience. in building opportunities, sasha uses .
Sasha makes her decisions based on preexisting information gained from a combination of life and work experience. In building opportunities, Sasha uses prior knowledge.
In life as a person grows up they learn a lot of things, there may be many set backs or achievements that one may gain throughout their life. But one of the most valuable things a person gains through life is experience which is through the decisions they make and choices they follow.
When one had an experience regarding a certain issue in life which can be bad or a good one they gain experience and the does or do not regarding the issue. When a similar situation comes up they react accordingly.
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the council of europe convention on cyber-crime has not been well received by advocates of intellectual property rights because it de-emphasizes prosecution for copyright infringement, but has been well received by supporters of individual rights in the u.s.
False, The Council of Europe convention on cybercrime has not been well received by advocates of intellectual property rights because it de-emphasizes prosecution for copyright infringement, but has been well received by supporters of individual rights in the U.S.
Laws, policies, and their associated penalties only provide deterrence if offenders fear the penalty, expect to be caught, and expect the penalty to be applied if they're caught. Laws are rules that mandate or prohibit certain behavior advocates in society; they're drawn from ethics, which define socially acceptable behaviors.
The key difference between laws and ethics is that laws carry the sanctions of a governing authority and ethics don't. Individuals with authorization and copyright infringement privileges to manage information within the organization are possibly to cause harm or damage unintentionally.
The three general categories of unethical and illegal behavior that organizations and society should seek to eliminate are those arising from ignorance, those resulting from cybercrime accidents, and people that are intentional. Directs the National Bureau of Standards to ascertain a computer standards program for Federal computer systems, including guidelines for the safety of such systems.
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Four-year colleges and universities usually accept transfer credits from _____. a. community and technical colleges b. trade schools c. apprenticeships d. vocational-technical centers please select the best answer from the choices provided a b c d
Answer:
b
Explanation:
edge22
Goods and services are exchanged without the use of money in a.
system.
Answer here_____
Goods and services are exchanged without the use of money in a Barter system.
Barter is an act of trading items or offerings between two or extra parties without the usage of money —or a economic medium, inclusive of a credit score card. In essence, bartering involves the provision of 1 top or carrier by using one birthday celebration in go back for every other true or carrier from another birthday party.
Who began barter machine?
Mesopotamia tribes had been probable the starting point of the bartering gadget again in 6000 BC. Phoenicians noticed the manner, and they adopted it of their society. These historic humans utilized the bartering device to get the meals, guns, and spices they wished.
Does barter system still exist?
These days, bartering has made a full-size comeback using more state-of-the-art strategies to aid in buying and selling, as an instance, the internet. In historical instances, this involved device people inside the same vicinity; but, these days bartering is worldwide. The cost of bartering objects is negotiable with the opposite celebration.
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Assume there is no way to prevent someone from using an interstate highway, regardless of whether or not he or she helps pay for it. this characteristic is called?
Assume there is no way to prevent someone from using an interstate highway, regardless of whether or not he or she helps pay for it. this characteristic is called Nonexcludability.
What does Nonexcludability mean?This is the term that is used in economics to show that a good is non rival and also that the use of one person can not stop someone else from the use of the same good.
This is a term that is used to describe the public goods in the environment. An example is the use of government roads.
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You are solving a present value equation using a financial calculator and are given the number of years for compounding. This should be entered as the blank______ value on the financial calculator.
You are solving a present value equation using a financial calculator and are given the number of years for compounding. This should be entered as the n value on the financial calculator.
A future sum of money or stream of cash flows' present value (PV), assuming a particular rate of return, is their current value. Future value is converted to present value by using either a discount rate or the interest rate that would be generated if an investment were made. The difference between present value and future value is how much money you'd need to invest today in order to earn a certain amount in the future. Future value informs you how much an investment will be worth in the future.
The basis for determining whether any potential future financial rewards or obligations are fair is present value. For instance, a prospective higher purchase price may or may not be justified by a future cash refund discounted to present value.
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John worked 44 hours last week. His hourly rate is $12.00. He has the following deductions taken from his pay: Social Security Tax at the rate of 6.2%, Medicare tax at the rate of 1.45%, and 401k (retirement savings) contributions of 5% gross pay. John also has federal income tax withheld at the rate of 10%. Match the correct amount to the ??? below.
Based on the John's hourly pay, the deductions from his pay, and the contributions, the correct terms are:
Gross Pay = $552Federal tax = $55.20Social security tax = $34.22Medicare tax = $8.00401K = $27.60Net pay = $426.98What is John's net pay?To find John's net pay, you need to deduct the deductions and contributions from the gross pay.
The gross pay is:
= (40 x 12) + (4 x 12 x 1.5)
= $552
The federal tax is:
= 552 x 10%
= $55.20
The Social security tax is:
= 552 x 6.2%
= $34.22
The Medicare tax is:
= 552 x 1.45%
= $8.00
The 401k deduction is:
= 552 x 5%
= $27.60
The net pay is:
= 552 - 55.20 - 34.22 - 8.00 - 27.60
= $426.98
In conclusion, John's net pay is $426.98.
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What two conditions must hold for a competitive market to produce efficient outcomes?.
The two conditions must hold for a competitive market to produce efficient outcomes are
Supply curves must reflect cost of productionDemand curves should reflect consumer's full willingness to pay.How does a competitive market produce efficient outcomes?Long-run equilibrium in competitive markets essentially meet two important conditions.They are as follows:
Allocative efficiency Productive efficiency.These two important conditions have some important implications.
Resources are usually allocated for the best alternative use. They provide maximum satisfaction which is attainable by the society.Productive efficiency refers to producing without any waste so the choice is on production possibility frontier.
Allocative efficiency refers to the points on production possibility frontier, these points which are chosen are socially preferred in a specific sense.
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assume an economy with a coal producer, a steel producer, and some consumers (there is no government). in a given year, the coal producer produces 15 million tons of coal and sells it for $5 per ton. the coal producer pays $50 million in wages to consumers. the steel producer uses 25 million tons of coal as an inp
The product approach: Coal producer produces 15 million tons of coal at
$5/ton, GDP of a coal is-15*5-75.
The steel producer produces 10 million$20/ton. worth of $200millions
The steel producer pays $125 million. For coal he is paying 25million $5/ton the value added is $75million.
GDP-$75 million(Coal)+$75 million(Steel)
Expenditure approach: Consumers buy 8 million tons of steel at $20/ton, here the over all consumption is $160 million. There is no investment by the govt.
Exports-2million tons of steel at $20/ton = $40miltoon
Imports-10 million tons of coal at $5/ton-$50 million
Net exports =$40 million-$50 million-$10 million.
GDP is =$160 million-$10 million-$150 million.
Income approach:
The coal producer pays $50 million wages.
steel producer pays $40 million in wages, total wages -$90 million.
The coal producer receives $75 million in revenue for selling 15 Million tons $5/ton for this he paid $50 million wages only Totaling $25 million profit's
The steel producer receives $200 million revenue by selling steel 10million tons of steel for $20/ton.
The steel producer pays -40 million wages +$125 millions (coal producing) over all expenditure
Is=165
Steel producer profits-200-165-535 million
Over all Profits in the economy is =25+35-$60 Millions
GDP-90(Wage income)+(Profits)60 -$150 million
GNP is equal to GDP, which is equal to $150 million. The foreigners receive $25 million in coal Industry profits as income. The net factor payments from abroad are $25 million, so GNP is
equal to $125 million.
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At what stage of the target market selection process is the marketer first likely to uncover information that makes a segment less attractive than previously thought?.
The stage of the target market selection process is the marketer is first likely to uncover information that makes a segment less attractive than previously thought developed market segment profiles.
The target market starts with segmentation. If you can understand your customers and segment your market, you can identify your target market with the greatest potential. There is a process of segmenting the market and selecting and targeting target segments.
In the fourth step, the segment profile is evaluated. Before choosing the best market segment, you need to assess the attractiveness of each market segment. Various structural and financial factors play a role in determining the attractiveness of market segments.
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Frank corporation has a single product. Its selling price is $80 and the variable costs are $30. The company’s fixed expenses are $5,000. What is the company’s break-even point in unit sales?.
Unit CM = Selling price of $80 - Variable expense of $30 = $50.
Unit sales to break-even = Fixed expenses of $5,000 ÷ $50 = 100 units.
What does break-even mean?
The break-even point is the level of production at which the cost of production equals the profit of the product. In investing, break-even is said to be reached when the market price of an asset equals its original cost.
How is the break-even point calculated?
To calculate the break-even point in units, use the following formula: Break-even point (units) = fixed cost ÷ (selling price per unit – variable cost per unit) or in selling dollars, Use the following formula: break-even point (sales) = fixed costs ÷ contribution margin.
What is a good break-even point?
The break-even point is the point where total costs equal total revenues. In other words, there is no loss and no profit for SMEs. This means that we have reached a stage of production where the cost of production equals the revenue of the product.
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Eli katcher is hired as a landscaper. he works 7 and 3/4 hours each day, monday through friday. what would his total pay be for the week if he is paid $9-11.90 per hour
Eli Katcher is hired as a landscaper. If he paid bottom of the pay scale ($9) is $348.75 and if he paid top of the pay scale is ($11.90) is $461.12.
Define landscaping.Any operation that changes a piece of land's observable features is referred to as landscaping, including the following:
Living things, such flora or fauna; or gardening, the practise of growing plants with the intention of enhancing the attractiveness of the surrounding environment.Abiotic natural features like water bodies, the contour and elevation of the ground, or landformsWeather and sunlight are examples of abstract components.Although it is not just about plants and horticulture, landscaping calls for a certain level of artistic design and horticultural knowledge. The use of landscaping can also be seen in the sculpting of land to improve usability (patio, walks, ponds, water features, etc.). The term "ornamental landscaping" is used when a change is just meant to improve aesthetics.
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Landscaper Eli Katcher is brought on board. He would be paid $348.75 at the bottom of the pay range ($9) and $461.12 at the top ($11.90).
What is the job of a landscaper?maintains gardens and lawns by raking, weeding, trimming, and pruning. watering and fertilizing lawns and plants as necessary. installs sprinkler and outdoor lighting systems. as necessary, removes snow, ice, and leaves.Someone who designs a garden, yard, patio, or any outdoor area is known as a landscaper. If the area around your new home is undeveloped, you might want to employ a landscaper to assist you in selecting some lovely plants for your front yard.To learn more about : landscaper
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sabrina company recorded an adjusting entry for salaries owed to employees at the end of the year. as a result of this entry, sabrina company's: (select all that apply.)multiple select question.
Sabrina Company recorded an adjusting entry for salaries owed to employees at the end of the year. As a result of this entry, Sabrina Company's equity decreases and liabilities increase.
What is equity?Equity in finance refers to ownership of assets that may be accompanied with debts or other liabilities. Liabilities are subtracted from asset value to calculate equity for accounting reasons.
What is liabilities?A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.
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in competitive markets where demand curves reflect buyers' full willingness to pay and supply curves reflect all the costs facing sellers, what is maximized when output equals the equilibrium quantity?
The maximized output equals the equilibrium quantity is the sum of consumer and producer surplus.
A competitive market is a structure in which no single consumer or producer has the power to influence the market. Its response to demand and supply fluctuates with the supply curve, which represents the volume of the product.
A competitive market is an economic term that refers to a market in which there are a large number of buyers and sellers and no single buyer or seller can influence the market. The competitive market has no barriers to entry, many buyers and sellers, and homogeneous products. According to general equilibrium theory, perfect markets, also called atomistic markets, are defined by several idealized conditions collectively called perfect or atomistic competition.
A competitive market is a structure in which no single consumer or producer has the power to influence the market. Its response to demand and supply fluctuates with the supply curve, which represents the volume of the product.
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The ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.
In the classical view managers nowadays are employees with a primary duty to shareholders, and their main goal should be to produce financial returns. This is what is meant by social responsibility.
More about social responsibility:
In order to be socially responsible, a company should act in a way that benefits society as a whole as well as its shareholders. Many businesses, including those with "green" initiatives, have integrated social responsibility into their business models without sacrificing profitability.
Investors and customers which desire ventures that not only are successful but also enhance the well-being of mankind and the environment place a growing emphasis on social responsibility.
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From whom to buy and when to buy are decisions made during which stage of the purchase decision process?.
Purchase decision is the process made during from whom to buy and when to buy.
A purchase decision is the thought process that drives consumers to identify needs, generate options, and select specific products and brands.
An example of a purchase decision?
A customer found a pink winter coat on sale at his 20% discount. After ensuring the brand used sustainable materials and asking her friends for feedback, she ordered the coat online.
What are the three types of purchase decisions?
There are three main categories of purchase decisions (nominal, limited and enhanced), all with a high level of engagement in the purchase, varying from low to low engagement. The types of purchase decision exist on the purchase participation continuum.
Who influences purchase decisions?
Personal factors include a consumer's age, occupation, lifestyle, social and economic status, and gender. These factors, individually or collectively, can influence consumer purchase decisions.
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What is the relationship between the standard deviation and the accuracy of a procedure?.
The standard deviation is directly related to precision of a procedure where low standard deviations are indicative of a high level of precision. There is not a necessary relation between standard deviation and accuracy except that a high level of accuracy requires low standard deviations.
The standard deviation measures the precision of one typical measurement. It's a common experience that the mean of a variety of measurements gives a more precise estimation than one measurement. This experience is quantified by the quality error of the mean. A high variance shows that the information is widely spread (less reliable) and an occasional variance shows that the information is clustered closely round the mean (more reliable).
A standard deviation (or σ) could be a measure of how dispersed the info is in respect to the mean. Low variance means data are clustered round the mean, and high variance indicates data are more unfolded. and also the error rate is that the percentage value of the difference between the observed and therefore the actual value, divided by the particular value.
An experiment that yields data with an occasional variance is claimed to possess high precision. If a high proportion of knowledge points lie removed from the average, then the quality deviation is large. An experiment that yields data with a high variance is claimed to possess low precision. If you are not accurate, they're more displayed (large standard deviation).
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The _____ shows how long the average student takes to earn a degree and this can be helpful in determining the return on investment at different institutions.
The graduation rate shows how long the average student takes to earn a degree and this can be helpful in determining the return on investment at different institutions.
A graduation rate is an indicator of the proportion of students who started in the same batch and completed their studies in six years for four-year programs or three years for two-year programs. This statistic reveals the proportion of students who enrol who eventually complete their degrees. By using an annual cohort of students or, for underage students with disabilities, by the age of 21, the graduation rate is calculated as the proportion of students who graduated from high school within four years of their first admission into the ninth grade. Graduation rates of 90% are frequently maintained by elite universities. As an illustration, Harvard's graduation rate is 98%, whereas Yale's is 97%.
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What type of customer intimacy zone innovation focuses on making structural modifications to established products in order to create a distinctive sub-category?.
Line-Extension Innovation Existing offering groupings now contain new sub-categories thanks to line-extensions.
Although the user-facing features or packaging change enough to produce new products and services, most of the infrastructure remains largely unchanged.
What kind of line extension is that?
When a parent brand introduces a new product line in a market where its customers are already familiar with it, this is known as a line extension. Brands can expand their product lines without developing new categories. The addition of new flavors to a soft drink company's current drink selection is a prime illustration of a line expansion.
What is a strategy for line extensions?
A marketing tactic known as "product line extension" leverages an established brand to add a new item to an existing product line. A company's new product could have minor differences from its existing products in terms of, for example, flavor, color, form, components, or packaging size.
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An increase in prices of inputs will cause a _change in prices with an elastic demand as opposed to an inelastic demand. The change in input prices will cause a ___change in quantity if demand is elastic as opposed to an inelastic demand.
An increase in prices of inputs will cause a relatively small increase change in prices with an elastic demand as opposed to an inelastic demand. The change in input prices will cause a relatively small drop change in quantity if demand is elastic as opposed to an inelastic demand.
Despite being one of the five factors influencing demand, price does not have an equal impact on demand for all services and goods. The term "elasticity of demand" refers to a good or service whose demand is significantly influenced by price. Predicting how customers will react to diverse stimuli is at the heart of marketing. If we fund an influencer to promote the product, how many more people will use it? The objective of every product and marketing team is to boost conversions, usage, and favourable brand perceptions, even though firms can never be completely certain of how consumers will respond.
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