An advantage to the retailer of private-label apparel is: A. Markdowns are allowed by the manufacturer B. Unsold merchandise can be returned C. The styles are at the cutting edge of fashion D. It offers exclusivity E. None of the above

Answers

Answer 1

An advantage to the retailers of private-label apparel is that it offers exclusivity.

Private label apparel is clothing that is produced and sold under a store brand's name. Retailers, in this case, contract with apparel manufacturers to make clothes that are marketed and sold under the store's name rather than the manufacturer's. Private-label apparel's advantage to retailers is that it offers exclusivity. Because the goods are exclusive to the retailer, customers are more likely to purchase them. It will drive up the retailer's profit margin in the long run.

In addition, private-label apparel allows retailers to differentiate themselves from their competitors. Private-label apparel provides retailers with the opportunity to offer their customers unique products that cannot be found anywhere else. The clothes are often sold at a lower price than their branded equivalents. This offers customers a great deal, and it also allows retailers to profit from their private-label goods.

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Related Questions

What is sara's opportunity cost of producing a board? what is fran's opportunity cost of producing a board?

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Opportunity cost is the value of the next best alternative that is forgone when making a choice.

To determine Sara's opportunity cost of producing a board and Fran's opportunity cost of producing a board, we need more information regarding the trade-off or alternative options available to them.

If we assume that Sara and Fran have different skills or resources and can produce different goods, we can assess their opportunity costs based on their respective alternatives.

For example, let's say Sara can either produce a board or bake a cake, and Fran can either produce a board or paint a picture.

Sara's opportunity cost of producing a board would be the value or benefit she would have gained from baking a cake instead.

Fran's opportunity cost of producing a board would be the value or benefit she would have gained from painting a picture instead.

To determine their specific opportunity costs, we need to know the value or benefit associated with each alternative option. Without this information, it is difficult to quantify their opportunity costs accurately.

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The current forward price of oil in one year is $100. If the high and low state prices of oil in one year are $122.14 and $81.87, respectively, then the risk-neutral probability (p) is _____

Answers

The risk-neutral probability (p) is approximately 0.4503 or 45.03%

To find the risk-neutral probability (p), we can use the formula:
Forward Price = (High State Price * p) + (Low State Price * (1 - p))
Given the current forward price of oil in one year is $100, the high state price is $122.14, and the low state price is $81.87, we can plug these values into the formula:
$100 = ($122.14 * p) + ($81.87 * (1 - p))
To solve for p, we can follow these steps:
1. Distribute the terms: $100 = (122.14p) + (81.87 - 81.87p)
2. Combine like terms: $100 = 40.27p + 81.87
3. Subtract 81.87 from both sides: $18.13 = 40.27p
4. Divide by 40.27: p ≈ 0.4503
So, the risk-neutral probability (p) is approximately 0.4503 or 45.03%.

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in illinois, a real estate licensee could be subject to disciplinary action by the department of financial and professional regulation for

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In Illinois, a real estate licensee could be subject to disciplinary action by the Department of Financial and Professional Regulation for violations or misconduct.

The Department of Financial and Professional Regulation in Illinois is responsible for regulating and overseeing various professional licenses, including real estate licenses. If a real estate licensee engages in violations or misconduct, they could face disciplinary action from the department.

Disciplinary actions can vary depending on the nature and severity of the violations. They may include warnings, fines, license suspensions, or even revocation of the real estate license. Common reasons for disciplinary action in the real estate industry may include:

1. Misrepresentation: Providing false information or misrepresenting property details to clients or other parties involved in a real estate transaction.

2. Breach of fiduciary duty: Failing to act in the best interest of clients, such as not disclosing conflicts of interest or mishandling client funds.

3. Failure to disclose: Neglecting to disclose important information regarding property defects, potential risks, or other relevant details to buyers or tenants.

4. Unprofessional conduct: Engaging in unethical practices, such as discriminatory behavior, harassment, or fraudulent activities.

5. Violation of laws or regulations: Acting in violation of state or federal laws related to real estate transactions, advertising, fair housing, or consumer protection.

The Department of Financial and Professional Regulation takes these matters seriously to protect consumers and maintain the integrity of the real estate industry in Illinois.

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You contributed $4,000 to your roth ira this year. If you are in the 15% marginal tax bracket, what will be the tax benefit you receive this year from your contribution?.

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This year, you made a $4,000 contribution to your Roth IRA. if you fall within the 15% tax level. Your contribution has no tax benefit for you this year.

Define the term Roth IRA?

The Individual Retirement Account (IRA) that accepts after-tax contributions is known as a Roth IRA.

Your contributions and gains can grow tax-free, allowing you to withdraw these tax- and penalty-free after reaching the age of 5912 and five years after the account's opening, even though there are no benefits for the current tax year.

A Roth IRA also has the following additional benefits:

No restrictions on contribution age. If you have an eligible earned income, you may contribute at any age.No Minimum Distributions Required (RMDs). Because there are no required withdrawals, your funds can keep growing even beyond retirement.Taxes are not due on inherited Roth IRAs. Your heirs' withdrawals from your Roth IRA will not be subject to income tax if you leave it to them.

This year, you made a $4,000 contribution to your Roth IRA. if you fall within the 15% as marginal tax bracket.

Since Roth retirement plans do not provide a tax benefit from the year of contribution, the tax benefit from your contribution this year is zero.

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Identify the bias/heuristics in the below and explain why ?
1. Your grandma is a good cook. you learn recipes from her but good doesnt taks the same
2. Sachin is a great batsman but it is difficult to transfer all his knowledge and batting skills to others
3. You walk into a showroom. The price tag on the item has its old price and discounted price. you tend to buy items more when the old price is Rs. 1000 and the discounted price is Rs.500
4. A company added new insurance plans to the list of insurance options. Existing employess choose the old plans much more fequently than new employees did

Answers

The speaker is affected by the halo effect, where the grandmother is viewed as an excellent cook because of her overall good character.

The speaker uses the availability heuristic, where the grandmother's abilities come to mind because the grandmother is available for cooking lessons.

2. Bias: Expertise biasHeuristic:

False consensus effect: The speaker is biased by the expertise bias, where Sachin is viewed as an excellent batsman and an expert in the field of cricket.

The speaker's view is affected by the false consensus effect, where he believes that Sachin's knowledge and skills are transferable to others.

3. Bias: Anchoring biasHeuristic:

The scarcity heuristic: The speaker is influenced by the anchoring bias, where the original price (Rs.1000) is used as a reference point.

The speaker uses the scarcity heuristic, where the limited availability of the item at a discounted price (Rs.500) is used as a reason to purchase the item.

4. Bias: Status quo biasHeuristic: Confirmation bias

Existing employees are biased by the status quo bias, where they prefer to continue with the old plans because they are familiar with them.

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What is the informal economy? how many people in the world's economy work in "system d"? what are some of the advantages of the informal economy? what are some of the disadvantages of the informal economy? does the united states have an informal economy? why or why not?

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Answer:

Depending where you look for information, informal economy can cover a lot of different jobs and industries. The informal economy doesn't pay taxes and it is excluded in the gross domestic product. Some organizations include other industries under the informal economy, specially those that are not regulated or adequately controlled by the government. This includes many people who are self-employed or even employees that perform unprotected jobs. E.g. companies that hire poor or illegal immigrant workers and pay them on a daily basis.

According to the International Labor Organization, more than 61% of the world's population works under informal economies.

Some advantages of informal economies are:

higher income resulting from not paying taxes (even on a personal level, if you are able to work and earn a living but do not pay taxes, your personal net income will be higher than if you actually paid taxes). a lot of people are part of it, that means large scale employment.

Informal economies tend to have serious disadvantages because the most powerful tend to abuse form the least powerful:

child labor or even forced labor unprotected jobs, e.g. no social security, no health care benefits, no safety at work, etc.

Approximately 11-12% of the US economy is considered informal, and that represents almost $2.5 trillion per year. Some normal activities are included in the informal economy although we never think about them as being out of the system, e.g. babysitting, landscaping and cleaning services, etc. Other informal activities are more obvious, e.g. prostitution, drug dealing, theft, etc.

An architect’s functions may include which of the following? (SELECT ALL THAT APPLY.)

-planning and designing houses, commercial buildings, and other structures
-ensuring worksite safety
-collaborating with engineers
-acting as a construction manager and supervising contractors

Answers

The answer is a b and d

Answer:

the answer is planning, ensuring, and acting

to ________, lance, an hr manager, shares his company’s job openings on social media and online job postings.

Answers

Organization does recruitment periodically so as to bring individual with fresh brains and of ideals into the organization. To recruit from outside the organization lance, an HR manager, shares his company’s job openings on social media and online job postings.

A recruit in any organization are often regarded as a fresh or additional newcomer to a specific field. They are the newly enlisted or drafted member of a team.

Organization does recruit people to join them.

Conclusively, by posting their vacancies and openings, organization are able to reach recruit from outside their organization to known about the opening and then apply for it.

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Which of the following is NOT one of the four components of the business process

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Answer:

mark me as the brainliest plss

Which of the following is NOT one of the four components of the business process

Pompeii, Inc., has sales of $53,000, costs of $24,200, depreciation expense of $2,550, and interest expense of $2,300. If the tax rate is 24 percent, what is the operating cash flow, or OCF

Answers

Answer:

$23,052

Explanation:

The computation of operating cash flow is shown below:-

Before that we have to determine the net income which is

Income statement

Sales $53,000

Cost ($24,200)

Depreciation ($2,550)

EBIT $26,250

Interest expense ($2,300)

Earnings before tax $23,950

Tax (5,748)

(24% × $23,950)

Net income $18,202

Now,

Operating cash flow = EBIT + Depreciation - Tax

= $26,250 + 2,550 - $5,748

= $23,052

Which section of a comparative market analysis will reflect the most likely appraisal value of a home? currently on the market

Answers

The section of a comparative market analysis will reflect the most likely appraisal value of a home is "comparative market analysis (CMA)".

What is comparative market analysis (CMA)?

A comparative market analysis (CMA) would be an assessment of the worth of a home based on previously sold, comparable properties in the immediate region. CMA reports are created by real estate agents to assist sellers in setting listing prices for respective homes and, less frequently, to assist purchasers in making competitive offers.

Some characteristics of comparative market analysis (CMA) are-

Individuals can conduct their personal comparative market study by looking for comparable homes (known as "comps") in real estate listings sites like realtor.com.A comparative market analysis (CMA) would be an assessment of a home's value that is used to assist sellers in setting listing prices and buyers in making competitive bids.Its location, age, size, structure, style, quality, and other criteria for such subject property or comparables are all taken into account in the study.If you are a buyer or a seller looking for a CMA for a particular house, reach out to a local broker or real estate agent for assistance, or conduct your own investigation by comparing houses online.

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In which of the following situations would it be MOST beneficial to hire a financial adviser?

A. I’m a senior in college, am about to graduate, and need to create a plan for paying off my student loans.
B. I have a car loan, a large student loan, and a backlog of unpaid medical bills that I’m struggling to keep up with.
C. I’m having a hard time tracking my expenses and income, and want to establish a solid monthly budget to better manage my money.
D. I have a $1,250 credit card bill with a 22% interest rate that I’m trying to pay off.

Answers

C
a financial adviser is there to guide you, not to help you pay off bills

A child-tax credit (deduction) would
show up on which form?
A. 1040
B. 1099
C. 19

Answers

Answer:

see the answer

Explanation:

I think It is A

What does it mean to be culturally competent? o Terminology o Elements of culture o Elements of diversity o Impacts of being culturally competent in the workplace

Answers

Being culturally competent refers to the ability to understand, appreciate, and effectively interact with individuals from diverse cultural backgrounds. Therefore option (D) is the correct answer.

It involves having knowledge, awareness, and skills that allow individuals or organizations to navigate cultural differences respectfully and effectively. Culturally competent individuals or workplaces recognize and value the diversity of cultures, beliefs, customs, and practices that exist within a society.

Cultural competence fosters a more inclusive and equitable work environment, promoting diversity and equal opportunities for all employees. It helps organizations attract and retain talent from diverse backgrounds, enhancing their reputation and competitiveness in a globalized world. Option (D) is the correct answer.

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Imagine you are an entrepreneur looking to hire additional employees to join your existing team of five accountants. You are exploring the options available for screening your applicants. Because you own an accounting business, you believe you will also need additional employee screening for the potential employees beyond typical new hire documentation. Name at least two forms of documentation that are typically required for the hiring process. Name the additional screening measures you will want to include and explain why additional screening may be necessary for your business.

Answers

The two forms of documentation required for the process of hiring accountants are:

Certified Public Accountant (CPA)Certified Fraud Examiner (CFE)What are the screening measures for a recruitment process?

There needs to be a process of recruiting and selecting new potential candidates for a company in line with organizational needs. As candidate screening measures for an accounting firm the firm may require:

Bachelor's and Master's Degree in AccountingSpecific extracurricular coursesAccountant licenses

The company can also develop a series of steps in the selection process with the application of interviews, group dynamics, resolution of objective tests, etc.

Therefore, additional screening of candidates will assist in hiring an employee who meets the company's needs, with the necessary experiences and certifications to perform accounting positions, which require high responsibility and reliability.

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An increase in household saving causes consumption to:.

Answers

Fall and aggregate demand to decrease

jenna anderson is looking at homes with marty mellow, a salesperson with xyz realty. jenna does not have a contract with marty to represent her. marty is planning on showing jenna a home listed by janis fong, who is also licensed with xyz realty. what does marty need to tell jenna before showing janis's listing?

Answers

Marty is now representing the seller. When a broker or salesperson, in this case, Marty is acting as a dual agent, the seller, Janis Fong, and buyer, Jenna Anderson must give their consent to dual agency in the purchase agreement.

What prerequisites must be met for a residential listing contract to be formed?

A residential listing contract must include each of the following, with the exception of a negotiated showing clause. The brokerage is required to pay a salesperson. In a dual agency transaction, a listing agent would be permitted to inform the buyer of the seller's reasons for selling if the seller gives the listed agent written consent to do so.

ABC Realty employs both the salesman for the listing and the buyer. The dual agent may not favor one party over the other in this multi-agency transaction. Consequently, the agent speaks for the seller. The seller and the buyer must both agree to dual agency in the purchase agreement when a broker or salesperson is working in that capacity.

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Besides individuals, who else pays taxes in our country?

Answers

Answer:

Aliens?

Explanation:

Which bones permit the attachment of muscles that assist in arm movement and serve as a place for the attachment of the arms?

Answers

Scapulae permits the attachment of muscles that assist in arm movement and serve as a place for the attachment of the arms

Scapulae

The bone that joins the humerus (upper arm bone) with the clavicle is called the scapula, often known as the shoulder blade (collar bone). The scapulae are paired, with each one on each side of the body being approximately a mirror image of the other. This is similar to how their linked bones are paired.Our scapula is located where in our body?The huge triangular-shaped bone known as the scapula, or shoulder blade, is located in the upper back. An intricate network of muscles surrounds and supports the bone, which helps you move your arm.

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The receipts section of the cash budget lists ______. Multiple choice question. all cash inflows, except from financing total sales for the period all cash inflows total credit sales

Answers

The receipts section of the cash budget lists B. all cash inflows.

What is a cash budget?

A cash budget is a document prepared in advance to show the planned monthly cash inflows (receipts) and cash outflows (payments).

Preparing the cash budget helps management to manage cash outflows with its cash inflows and make other cash decisions.

Thus, the receipts section of the cash budget lists B. all cash inflows and not credit sales.

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Marcy has just gotten a promotion at work and she wants to buy a house. She currently pays $350 a
month for a car payment and $200 a month on her credit cards. She has a gross monthly income of
$4,000. Using the Debt Ratio Formula, calculate her potential maximum monthly house payment.

Answers

Answer:

$890

Explanation:

As per the 28/36 rule, Marcy can have debts not exceeding 36% of her gross income. If her gross income is $4000, her maximum debts should be 36% of $4000

=36/100 x $4000

=0.36 x $4000

=$1,440

Marcy has a $350 car payment and 200 credit payments every month.

current monthly payments

= $350 + $200

=$550

Marcy's loan limit is at $1440; current repayments total $550.

The maximum amount that can go to a housing loan is

=$1440 - $550

=$890

Jason has expertise in change management processes. jason can be classified as a(n) ______. group of answer choices

Answers

Jason has expertise in change management processes. jason can be classified as a(n) OD consultant.

A complex adaptive system. The final model we discuss is based on the assumption that all organizations are complex adaptive systems (CAS). Organizations, like living organisms, are constantly evolving and adapting to their environment.

A lot of it comes from leadership and change management guru John Cotter. Cotter, a professor at Harvard's School of Business and a world-renowned change expert, introduced an eight-step transformation process in his 1995 book, Leading Change.

Evolving social and demographic trends, coupled with the challenges of operating a business in a business environment dominated by fast-paced technology, are changing the face of small business entrepreneurship and ownership.

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the call instruction pushes the offset of the instruction following the call on the stack.

Answers

The statement given in the question that “the call instruction pushes the offset of the instruction following the call on the stack” is true.

The call instruction is utilized in assembly language programming to call subroutines. It enables the processor to shift control to the subroutine while preserving the return address in the stack so that control can be handed back to the caller once the subroutine is executed. The use of a call instruction in a program automatically leads to the assembly of a return address on the stack.

Whenever the call instruction is executed, the following two actions occur:

It saves the return address, which is the location following the call instruction.

It transfers control to the subroutine or function. When the called subroutine is finished, a return instruction is utilized to go back to the saved return address to resume execution of the main program after the call instruction.

The following is an example of a call instruction and its effect on the stack:

Call 500H

Here, the call instruction will transfer control to the address location 500H, while saving the location following the call instruction, which is the location after 2 bytes, on the stack. Thus, the effect of the call instruction on the stack is to push the offset of the instruction that follows the call on the stack.

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An HR manager solves a paperwork snag involving an employee’s paycheck. compensationand benefit, True or False?

Answers

True, An HR manager solves a paperwork snag involving an employee’s paycheck.

What part does HR play in benefits?

According to SHRM, one of the key roles of human resources is to inform employees about the various kinds of employee benefits, including leave of absence policies, employee support programs, and worker's compensation benefits.

                          Managers of human resources offer discreet advice to employees who require personal support.

What potential facets of employee benefits might an HR manager oversee?

Managers of human resources are frequently charged with overseeing wages and benefits for employees.

                           In order to provide effective leadership within the HR division, insurance plans must be negotiated, payments must be made on time, and employee benefit packages must be improved and developed.

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How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

What does the stock market drive companies to do?

Answers

Answer:

It drives companies to push themselves to increase their market value, and make sure all the companies news is relevant and important.

Explanation:

The stock market is an online exchange where prices are put together and people make different trades. The stock market drives them to increase their earnings and ultimately the price per share of their stock.

On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage is 8.5%. Record the transaction.

Answers

Answer:

Kindly see attached picture

Explanation:

Sales tax percentage= 8.5%

Sales = 10,000

Sales tax payable = 0.085 × 10000 = 850

Accounts payable = 10000 + 850 = 10850

Kindly see attached picture for journal entry

On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage

The compensation associated with executive stock option plans is: Multiple Choice The book value of a share of the company's shares times the number of options. The estimated fair value of the options. Recorded as compensation expense on the date of grant. Allocated to expense over the number of years until expiration

Answers

Executive stock option plans provide executives with an opportunity to purchase the company's stock at a predetermined price and within a specified period.

This compensation can have both financial and non-financial effects on the company. Financially, the compensation is typically recorded as an expense on the company's financial statements.In the context of financial accounting, the compensation associated with executive stock option plans is recorded as an expense on the date of grant and is allocated to expense over the number of years until expiration. This allocation can be done using various methods such as the straight-line method or the accelerated method.

The estimated fair value of the options is used to calculate the expense associated with the compensation. The fair value is calculated using various financial models such as the Black-Scholes model or the binomial model.The compensation associated with executive stock option plans is not the book value of a share of the company's shares times the number of options. The book value is the value of the company's assets minus the value of its liabilities, divided by the number of outstanding shares. The compensation is also not allocated based on the book value of the shares.

The compensation is also not the value of the options when they are exercised. The value of the options when they are exercised is the difference between the fair market value of the shares and the strike price of the options. The compensation expense is recorded when the options are granted, not when they are exercised.

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What are the types of importing?

Answers

Answer:

first: Industrial and consumer goods.

second: Intermediate goods and services.

PLEASE HELP FAST!!! What is the MOST likely reason that lottery winners often end up with serious financial problems?
They make financial decisions that are not based on their emotions.
They become victims of fraud by those looking to take advantage of the wealthy.
They think over their financial decisions too thoroughly.
The weigh their long- and short-term financial goals before making any decisions.

Answers

Answer:

They become victims of fraud by those looking to take advantage of the wealthy.

Explanation:

The most likely reason that lottery winners often end up with serious financial problems is: “They become victims of fraud by those looking to take advantage of the wealthy.” Hence, Option B is correct.

What does financial problems mean?

Financial difficulty is the inability to make either short-term or long-term debt payments. Debt makes managing money more difficult and reduces one's purchasing power.

Up until all obligations are paid, financial issues become a source of worry. It is necessary to find a solution so that debts can be paid back. Students frequently struggle to pay their bills and afford their education, and many of them have poor incomes, limited financial literacy, and many more.

Families are vulnerable to the destructive effects of economic hardship and financial turmoil. Many families lose their houses, automobiles, retirement accounts, valuables, money, health insurance, and other things during hard economic times.

Therefore, Option B is correct.

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For each of the following state whether each person is employed, unemployed, or not in the labor force if the survey was taken today. Then explain why you answered the way you did.a. Someone who was laid off 6 months ago, hasnt worked since, and went on an interview the previous week.b. A full-time student who is searching for a part-time jobc. A parent who leaves their job to stay home with their children full time.d. Someone who was laid off 1 year ago, hasnt worked since, and went on an interview 6 weeks ago.e. A person who retired 2 years ago, but last week began looking for a new part-time job A bond makes 10 annual coupon payments, and it matures in 2 years. The face value of the bond is 100 while the current market value is 85.Consider a 5-year maturity zero-coupon bond that is currently traded at 92. Please, find the Macaulay duration measure for this bond and discuss how it compares to the duration of the coupon bond found in the previous point. simplify 1 by 4 plus 1 1 by 4 plus 1 2 by 5 How did general MacArthur contribute to UN success in the Korean War? A stocks contribution to the market risk of a well-diversified portfolio is called risk. It can be measured by a metric called the beta coefficient, which calculates the degree to which a stock moves with the movements in the market. The Company Y manufactures cocoa butter, cocoa powder, and cocoa drink mix from a joint process. The production is 3,000 cocoa butter; 2,000 cocoa powder, and 3,000 cocoa drink mix. Respective per unit selling prices at splitoff are $30, $20, and $10. Joint costs up to the splitoff point are 90,000. If joint costs are allocated based upon the physical-measure method, what amount of joint costs will be allocated to the cocoa powder? a) 22500 b) 33750 c) 33500 d) 10,000 Which number represents the country of Brazil 2143 A Human resource information systems (HRIS) is an integratedsystem of hardware, software, and databases designed to provideinformation used in HR decision making.Benefits of HRISAdministrative Explain Newtons second law and with an example too A. 0B. NonexistentC. 1D. -1 Complete the square to solve the equation below. *x2 8x + 10 = 0 In 1964, 12 people were killed during a tsunami at Crescent City, California. All of these fatalities were caused by the fifth wave, which was the highest in the series. (true or fasle) Please Help!Imagine that a mountain range separates two populations of sheep. Explain what might happen to the two groups of sheep over time. Be sure to name the type of speciation in your response 1. A circle has a radius of 12 in. Find: The diameter of the circle.The circumference of the circle.The area of the circle.2. A circle has a radius of 4.4 cm. Find:The diameter of the circle.The circumference of the circle. The area of the circle.3. A circle has a diameter of 60 m. Find:The radius of the circle.The circumference of the circle. The area of the circle.4. A circle has a diameter of 1.8 km. Find:The radius of the circle.The circumference of the circle.The area of the circle. The transmissible agent of CJD, a ________, is able to alter a normal host protein, called a PrP protein. This causes a massive accumulation of altered proteins in the brain. What did not lead to the development of the Industrial Revolution in England?O John McAdams better roadsAdam Smith's The Wealth of NationsO James Watt's steam engineO Thomas Edison's electric light bulb Which of the following correctly translates "one fourth of a number"?A. 1/4 xB. 4xC. x + 1/4D. x - 1/4 To create dramatic lighting in his paintings, Caravaggio used a technique known aswhich is commonly seen as a light source illuminating the painting. QUESTION 1 of 10: The cost of a garment was determined to be $12. 50. You have been instructed to lower the cost to $10 per garment. Whatis percentage you were asked to reduce the cost by? What argument was Oliver Wendell Holmes making in this quotation about how the federal system works? I do not think the United States would come to an end if we [the court] lost our power to declare an Act of Congress void. I do think the Union would be imperiled if we could not make the declaration as to the laws of several States. - Justice Oliver Wendell Holmes