Complementary goods - Study guides, Class notes & Summaries

GVPT 200 Final Exam (2023/2024) Already Passed Democratic Peace theory which posits that democracies are hesitant to engage in armed conflict with other identified democracies Dyadic the idea that democracies are less likely to fight each other, they are peaceful with each other Monadic the idea that democracies are less likely to fight any state; they are more pacific generally Absolute (dyadic) argue that democracies have never fought (one another) Probabilistic/Relative (dyadic) most simp...

what is the rate that member banks charge each other to borrow money Answer The federal funds rate which of the following best describes socialism Answer an economic system characterized by public ownership and operation of key industries combines with private ownership and operation of less vital industries which of the following describes economics Answer the study of how society uses its scarce resources to produce and distribute goods and services which of the following is not one o...

Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 5-1-1 Complete Solution Manual and Instructor Resource for Intermediate Accounting, 18th Edition 18th Edition, by Donald E. Kieso, Jerry J. Weygandt and Terry D. Warfield. ISBN- Chapter 1 Financial Accounting and Accounting Standards Assignment Classification Table (By Topic) Topics Questions Brief Exercises Exercises Critical Thinking 1. Environment of accounting, principles, objectives, sta...

what is a business? - Answer-an organization that provides goods or services to earn a profit not-for-profit business - Answer-exist for a social purpose (i.e. environmental preservation, mental health, decreasing homelessness) what are the roles/impacts of business on society - Answer-1. Employment 2. Production of the goods and services that we want and need 3. Innovation of new goods/services that we don't know we want/need 4. OVERALL (profit and non-profit): influence an economy's st...

Econ 101 Final Exam 104 QUESTIONS AND ANSWERS GRADED A LATEST VERSION Econ 101 Final Exam 104 QUESTIONS AND ANSWERS GRADED A LATEST VERSION In a competitive market, excess demand for a good exists whenever....? a. resources are scarce b. the current price is below the equilibrium price c. the current price is above the equilibrium price d. sellers are subject to the constraints imposed by input prices and technology e. the quantity supplied at the current price exceeds the quant...

Agents of Production - The factors that combine to create value of developed real property; they include land, labor, capital, and entrepreneurial coordination; which is sometimes also called entrepreneurial profit. Central Business District (CBD) - The center of an urban area is typically zoned for various uses such as retail, office, and residential. Further, in some areas, transportation starts & ends in the CBD since it is the central location for employment. Consumption - A c...

AIDA - ️️Attention, Interest, Desire, Action Baby boom generation - ️️large group of people born between 1947 and 1965 Balance Sheet - ️️a financial statement that shows a company's assets, liabilities, and net worth on a given date. Assets - Liabilities = Net Worth Brand name - ️️the name that identifies the goods and services of one business Business cycle - ️️the ups and downs in the economy (prosperity, contraction, recession, expansion) Business-to-busine...

Anthropogenic global warming - Answer-- caused by human activity: - a layer of greenhouse gases- primarily water vapor, including much smaller amounts of carbon dioxide, methane, and nitrous oxide- acts as a thermal blanket for the earth, absorbing heat and warming the surface to a life supporting average to 59 degrees F - The idea that man is causing the earth to undergo a rapid rise in temperature Asymmetric distribution of costs - Answer-the costs are spread and not all places are impact...

flash memory & Hard Disk - ANSWERSNon-volatile memory can maintain stored information even after the power is turned off. Examples of non-volatile memory include: (select all that apply) flash memory Hard Disk RAM All of the Above Blue Ocean Strategy - ANSWERSInstead of competing with established firms in an existing network market, firms should seek uncontested, new market spaces. This is called: Blue Zone Strategy Blue Ocean Strategy Red Waters Strategy Shark Tank Strategy Move...

Why is it difficult to address the problem of Electronic Waste? - ANSWERS-Nefarious actions of those willing to put profits above principle -Vagaries of international law -Complexities of the modern value chain From a strategic perspective, the trend of "cheaper and faster" technology suggest that what is impossible from a cost or performance perspective today may be possible in the future - ANSWERSTrue What factors can help a firm establish network effects? - ANSWERS-Encourage the dev...