As a modern business manager, you no longer need to be concerned with how fast the computers your company buys are because ________?

Answers

Answer 1

As a modern business manager, you no longer need to be concerned with how fast the computers your company buys are because Moore's Law.

As a contemporary business manager, you now not must fret with how briskly the computers your company buys are because Moore's Law has proven to be true over the last several decades and also the cost of computing speed has fallen dramatically.

Moore's Law refers to Gordon Moore's perception that the amount of transistors on a microchip doubles every two years, though the price of computers is halved. Moore's Law states that the quantity of transistors on a microchip doubles about every two years, though the value of computers is halved. In 1965, Gordon E. Moore, the co-founder of Intel, made this observation that became called Moore's Law.

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Related Questions

whats the meaning of oligopoly and monopoly market structure​

Answers

Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence. A monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.

Answer:

Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence, whereas monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.

Explanation:

got it from class with help from investopida

Calculate the cost of capital for an all-equity firm with equity of $12,500 and expected earnings of $1,900.

Answers

The cost of capital for an all-equity firm with $12,500 equity and $1,900 expected earnings is 15.2%.

The cost of capital for an all-equity firm can be determined using the formula: Cost of Capital = Expected Earnings / Equity.

In this case, the equity is given as $12,500, and the expected earnings are $1,900. By plugging these values into the formula, we can calculate the cost of capital.

Cost of Capital = $1,900 / $12,500 = 0.152 or 15.2%. This means that the all-equity firm has a cost of capital of 15.2%.

The cost of capital represents the return expected by investors for investing in the firm, considering its risk profile.

It helps the firm evaluate investment opportunities and make decisions regarding capital allocation and project financing.

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What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.

Answers

Answer:

I think D is correct answer

The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

The information related to the profit is as follows:

It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.

Therefore all the other options are incorrect.

Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

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What type of relationship do a lawyer and a client have?

A) an administrative relationship
B) a labor relationship
C) an agency relationship
D) a tort relationship

Answers

Answer:

An Agency relationship but it's D on Edge

Explanation:

The type of relationship a lawyer and a client have is an agency relationship. Thus option (C) is correct.

What is an agency?

An agency is a business, firm, or organization that provides a specific service. Sometimes but not always the agencies also work on behalf of another group, business, or person.

Some agencies work for the private sector  like an advertising agencies, employment agencies, and travel agencies. Some are government agencies for example they are part of the public sector.

The advertising agencies, add agencies, or creative agencies are firms that focus on creating, planning, and handling advertising. In fact, some employment agencies belong to the government; therefore, they may also be in the public sector.

The type of relationship a lawyer and a client have is an agency relationship. Therefore, option (C) is correct.

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Question 5 of 10
For accountants, which of the following is the most important consequence
of the unethical use of technology?
A. the threat to the reliability of accounting systems
OB. the direct and indirect loss of revenue
C. the possibility that privacy will be compromised
D. the loss of trust in the accounting profession
SUBMIT

Answers

The most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).

What are accounting systems?

Accounting systems are described as the controls, procedures, and processes in accounting. The main purpose of accounting systems is to make a summary and record the different business transactions in a way that will allow the creation of reports, and enhance operations.

If the accountants are unethically using technology, then it will directly impact the accounting processes, and transaction records of businesses, and the financial report will produce erroneous results and will highly degrade the decision-making process.

It can be concluded that the most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).

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Answer: The loss of trust in the accounting profession

Explanation: believed the other person aaaannnnnddddd got it wrong

Omar is setting up his company in quickbooks and selects the accrual basis of accounting. how will his business record income and expenses?

Answers

Omar is setting up his company in QuickBooks and selects the accrual basis of accounting. income is recorded when sales are made; expenses are recorded when incurred while his business record income and expenses.

Accrual accounting is a method of accounting in which revenue or expense is recognized when a transaction occurs, rather than when payment is made. This method follows the matching principle that income and expenses should be recorded in the same period.

Basic knowledge of debits and credits and what goes on behind the scenes. To use a QuickBooks backup file, you must restore it first. All commands accessible from the home page can also be found in the menu bar.

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What are the three ways through which a company tries to sell its products?

Answers

Answer:

Taking the time to talk about the quality of the product and explaining its purpose. And saying how it would be a good price for something like the product theyre selling hope this helped.....    :)

Explanation:

Companies will make ads, billboards, and commercials for their products.

FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit

Answers

Answer:

It is letter B

Explanation:

Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.

What is the budget?

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.

Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.

Therefore, option B is the correct option.

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Why very few subsistence economies exist today

Answers

Answer:

As previously mentioned,

subsistence markets are

extremely vulnerable to

external influences.

Because of this

vulnerability, these economies are

becoming more scarce around the

world. In the past, for example, large

populations of indigenous peoples lived

throughout North America.

Test your understanding 1. Whabi & Company's financial year ends on 31 December. They act as agent for another business and receive a commission on goods sold. The following information is provided: 20-6 Jan 1 Commission, $94, was owing to Whabi & Company Dec 31 Commission, $1350, was received Commission, $76, was owing to Whabi & Company 20-7 Dec 31 Commission, $1480, was received For each of the years ended 31 December 20-6 and 31 December 20-7 state: (a) the amount shown for commission received in the income statement (b) the amount (if any) shown for commission received in the balance sheet, indicating whether it is a current asset or a current liability​

Answers

(a) For the year ended December 31, 20-6, the amount shown for commission received in the income statement is $94.

For the year ended December 31, 20-7, the amount shown for commission received in the income statement is $1480.

(b) For the year ended December 31, 20-6, the amount shown for commission received in the balance sheet is $76, which is a current liability.

For the year ended December 31, 20-7, the amount shown for commission received in the balance sheet is $0, as the commission received of $1480 would have been recorded in the income statement for that year.

How did we get the values?

The amounts in the income statement and balance sheet are recorded based on the accrual accounting method. This means that revenue is recognized in the income statement when it is earned, regardless of when it is received, and liabilities are recognized when they are incurred, regardless of when they are paid.

In this case, the commission of $94 that was owing to Whabi & Company as of January 1, 20-6, was earned and recognized as revenue in the income statement for that year. The commission of $1350 received on December 31, 20-6, would have been recorded as a cash inflow in the cash flow statement, but not in the income statement as it was received after the end of the financial year.

For the year ended December 31, 20-7, the commission of $1480 received was recognized as revenue in the income statement for that year, and the commission of $76 that was owing to Whabi & Company was recorded as a current liability in the balance sheet, as it was incurred but not yet paid.

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A consumer downloads 4 movies and 3 apps per week. Suppose the price is $5 per movie and $3 per app, and the marginal utility is 12 for a movie and 10 for an app. (a) Calculate marginal utility per dollar. (b) Is this optimal consumption? (c) If not, how should they change their consumption to maximize?

Answers

Marginal utility per dollar for movie is 0.875 and 0.0067 for app.  Here, Consumer is not having optimal consumption, it should increase consumption of movie to get optimal consumption.

When a consumer utility is maximized it is called optimum consumption. When the ratio of marginal utilities equals the ratio of prices, optimal consumption occurs. Here, consumer is not having optimal consumption. For movies, the marginal utility will be measured as 14/(4*4), which equals 0.875 utils per dollar spent. In contrast, for apps, this would be: 8/(3*4), implying utils per dollar per app of 0.667. As a result, movies have a higher utility. Here, marginal utility of movie is higher then app thus consumer should increase consumption of movies so that its marginal utility get reduces and consumer get optimal consumption.

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According to the video, what are a Computer Programmer's real skills? Check all that apply.

✅breaking down a job into small steps
❌researching what customers want
✅anticipating problems
❌selling software products
❌coordinating a group of workers

Answers

Answer:

1 3 thx for the answer!

Explanation:

Answer:

THANK YOU SO MUCH

Explanation:

anyone know PNC banks atm fees?

Answers

Answer:

$500 i think is the answer

Explanation:

hope it helps

$500 i think just try it

Oliveras Company had net credit sales during the year of $800,000 and cost of goods sold of $500,000. The balance in accounts receivable at the beginning of the year was $100,000, and the end of the year it was $150,000. What were the accounts receivable turnover and the average collection period in days? a. 6.4 and 57 days. b. 4.0 and 91.3 days. c. 5.3 and 68.9 days. d. 8.0 and 45.6 days.

Answers

Answer:

a. 6.4 and 57 days

Explanation:

The computation of the accounts receivable turnover and the average collection period in days is shown below;

The account receivable turnover is

= $800,000 ÷ ($100,000 + $150,000) ÷ 2

= 6.4 times

And, the average collection period is

= 365 days ÷ 6.4 times

= 57 days

Therefore the a option is correct

paul would like to make an offer on a house right away, but he doesn't have the cash available for an earnest money deposit yet. he is, however, expecting a large commission check from his sales job within several weeks, so he offers the seller a promissory note for $10,000 as the earnest money deposit. he will also be seeking conventional financing to pay for the rest of the home's price. will the promissory note be tied to the buyer's mortgage?

Answers

No, It is possible that the promissory note for $10,000 could be tied to the buyer's mortgage, the promissory note is a promise to pay a debt and is a contract on its own.

A promissory note is a legal document that serves as a written promise to pay a specific amount of money to a specified person or entity on a particular date or on demand. It is commonly used in business transactions as a means of providing evidence of a debt owed by one party to another.

Promissory notes are often used to facilitate the lending of money between individuals or businesses. They typically include details such as the amount borrowed, the interest rate (if any), the repayment terms, and the consequences of defaulting on the loan. Promissory notes can be secured or unsecured. A secured note is backed by collateral, which means that if the borrower defaults on the loan, the lender can seize the collateral to recover their losses.

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hi ik someone is going to report but i just want to say hi

Answers

Hiiiiiiii how are you today? :)

Lol, mood. Hi! I am literally so bored to. Anyways hope you have a good day!

:) :) :)

What is the volume of a box that is 3 m long, 0.5 m high, and 2 m wide?

Answers

the answer is three! you simply multiply all three together!

Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She prices the cupcakes at $0.50 each. With in 15 minutes she has sold all of her cupcakes, and through out the day teachers and students ask her if she has anymore.

This market model is in a [______]?
This is for a economics class I didn't know what catagory to pick

Answers

Answer:

Shortage

Explanation:

I got it correct because I watched the given recording.

Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. This market model is in a "competitive market".

Georgina operates in a competitive market characterized by high demand and a desirable product: her cupcakes. The price point of $0.50 each aligns with the perceived value which is resulting in swift sales within 15 minutes.

Subsequent inquiries from both teachers and students demonstrate sustained interest indicating that Georgina's cupcakes have achieved product-market fit.

Georgina's success in selling all cupcakes swiftly and generating ongoing inquiries highlights a well-balanced market equilibrium within the school community.

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X

The primary function of the Gini coefficient is to
(4 points)
measure the quality of human capital in an economy
O explain the cause of income inequality
O measure income inequality in an economy
show the efficiency of an economy
show the amount of wealth in an economy
Points

Answers

Answer:

The primary function of the Gini coefficient is to measure income inequality in an economy. It is a statistical measure that is used to represent the distribution of income or wealth among a population. A Gini coefficient of 0 indicates perfect equality, where everyone in the population has the same income or wealth. A Gini coefficient of 1 indicates perfect inequality, where one person has all the income or wealth in the population. The Gini coefficient is often used to assess the level of income inequality in a country or region and can be used to inform policy decisions related to redistributive measures such as taxes and welfare

6. The effects of inflation Suppose Friendly Airlines is considering signing a long-term contract with the union representing its pilots. Friendly Airlines and the union both agree that real wages should increase by 3%. Inflation is expected to be 6%, so they agree on a 9% nominal wage increase. Now, suppose inflation turns out to be lower than expected, coming in at 5%. This would the union and Friendly Airlines because the real wage increase would now be .

Answers

If inflation is lower than expected, it would benefit the union and it would be a disadvantage to Friendly Airlines because the real wage increase would now be 4%.

What is inflation?

Inflation is when there is a general increase in the general price level of an economy. If inflation turns out to be lower than expected, the employers would be at a disadvantage while the employees would be at advantage because there would be an increase in their real wages.

Increase in real wage = real increase in wage + (expected inflation + actual inflation)

3% + (6% - 5%) = 4%

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Which of the following influences the consumer when he or she is deciding wether to buy a product?
A. The stock market
B. Opinion factors
C. External factors
D. Multiple factors

Answers

Answer:

D.

Explanation:

The factors that infuence a consumer's decision of buying product are multiple. It can be internal, external, economic, cultural, etc.

These factors include psychological factor, social factor, cultural factor, situational factor, etc.

Many times it's psychological factors such as moods. If a person is in bad or good mood, it will affect his behavior to buy a product. Culture or social life also influences consumer's buying habit. Some buy under peer pressure or to have status in society.

Therefore, option D is correct.

Answer: External factors

Explanation:

Brainley is not letting me make an account and I don't know the email so that I can email them!!! helppp!!! plsss

Answers

Answer:

you are using an account right now.

Explanation:

Which of the following statements best characterizes the bottom line of security for e-commerce?

A) Good security is expensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.

B) Good security is inexpensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.

C) Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.

D) Good security is inexpensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.

Answers

Answer:

Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure. C

Explanation:

Need help what’s the answer

Need help whats the answer

Answers

Answer: C

Explanation: The demand curve of Iphone cases falls due to the increase of the iphones price. Hope this helps.

Identify a possible career choice for your future. Research the academic skills that you would need to succeed in that career. Then, in a five-paragraph essay, describe those skills, and how you could begin developing them now.

Answers

A career that I am interested in pursuing in the future is Data Science. Data Science is a field that involves using statistical and computational methods to extract insights and knowledge from data. This can be used in a variety of industries, including healthcare, finance, marketing, and technology, to name a few.

To succeed in a career as a Data Scientist, a number of academic skills are necessary. Firstly, a strong foundation in mathematics, particularly in statistics, is critical. This includes knowledge of probability theory, hypothesis testing, regression analysis, and Bayesian methods. Secondly, proficiency in computer programming is also essential, particularly in languages such as Python or R, which are commonly used for data analysis and visualization. Familiarity with databases and SQL is also important for retrieving and manipulating data.

Thirdly, the ability to communicate results and insights effectively is crucial, as the insights derived from data analysis can be used to drive decision-making within an organization. This requires strong writing and presentation skills, as well as the ability to convey technical concepts to a non-technical audience. Finally, a curious and analytical mindset is essential, as Data Scientists are often tasked with exploring large datasets and finding patterns and relationships within the data.

To develop these skills now, there are a number of steps that can be taken. Firstly, taking courses in statistics, mathematics, and computer science can help build a strong foundation in the required areas. Practicing programming, either through online tutorials or personal projects, can help to develop proficiency in a programming language. Additionally, participating in data analysis projects, either in a school or community setting, can provide valuable hands-on experience.

In conclusion, Data Science is a fascinating and in-demand field that requires a range of academic skills, including a strong foundation in mathematics, proficiency in programming, the ability to communicate effectively, and a curious and analytical mindset. By taking courses and participating in projects now, it is possible to develop these skills and prepare for a future career in this exciting field.

The financial statement characteristics that is adversely affected by accounting changes is
A : Consistency.
B : Relevance.
C : Usefulness.
D : Timeliness

Answers

The financial statement characteristic that is adversely affected by accounting changes is: A: Consistency.

Consistency is a fundamental accounting principle that requires entities to use the same accounting methods and principles from one period to another, unless there is a valid reason for a change. Consistency ensures that financial statements are comparable over time, allowing users to make meaningful comparisons and identify trends in the financial performance of an entity.

When there are frequent accounting changes, it disrupts the consistency of financial statements. Changes in accounting methods or principles can introduce variations in how transactions are recorded, measured, and reported. This inconsistency makes it challenging for users to compare financial information across different periods and undermines the reliability and comparability of the financial statements.

While relevance, usefulness, and timeliness are important financial statement characteristics, they are not directly adversely affected by accounting changes. Accounting changes primarily impact the consistency of financial statements, which in turn affects the comparability and reliability of the information presented.

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True or false: Electronic commerce is defined as the use of the Internet as an essential element of business activity.

Answers

Answer:

it's true............

On January 1 , a company begins the year with 4,000 units of inventory with a unit cost of
$25
. The company makes purchases at the end of each month based on expected units to be sold in the following month relative to current units on hand. Required: Complete this question by entering your answers in the tabs below. Using the FIFO assumption, calculate cost of goods sold and the cost of ending inventory. (Hint: This calculation is made easier by using the Running Sum columns in Monthly Purchases) Note: Round your answers to the nearest whole dollar. Sort Monthly Purchases By: First In Last In

Answers

A cost flow assumption used in the first in, first out (FIFO) technique of inventory valuation is that the first items bought will also be the first items sold.

Unit of inventory = 4,000 units

Unit of cost = $25

Monthly purchase by FIFO= 4000x25

= $100000

This presumption closely approximates the actual flow of goods in the majority of businesses, making it the method for valuing inventory that is considered to be the most theoretically accurate. Selling off the oldest products first lowers the risk of inventory obsolescence, making the FIFO flow concept a sensible one for a corporation to adopt.

According to the FIFO system, the first items taken out of the inventory account are the ones that were purchased the earliest. As a result, the remaining inventory items are valued at their most recent costs, resulting in costs that are quite close to their most recent levels in the inventory asset reported on the balance sheet.

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variable costing treats blank______ manufacturing costs as product costs.

Answers

Variable costing treats only direct materials, direct labor, and variable manufacturing overhead costs as product costs.

In variable costing, only those costs that change with the level of production are considered product costs. These include direct materials, direct labor, and variable manufacturing overhead. Under this method, fixed manufacturing overhead costs are treated as period costs and are expensed during the period in which they are incurred. This approach provides a clearer picture of the actual cost of producing each unit, as it only includes costs that are directly tied to production.

Variable costing is often used for internal decision-making, as it allows management to better understand the relationship between costs and production levels. It is also helpful in analyzing the impact of changes in production levels on overall profitability.

However, it is important to note that variable costing is not used for external financial reporting purposes, as it does not conform to Generally Accepted Accounting Principles (GAAP). Instead, absorption costing, which includes both variable and fixed manufacturing costs as product costs, is used for financial reporting.

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Gigster’s, Uber, and Starchup need software tools to develop
their software and implement their business models. How were their
development approaches similar and dissimilar? What drove these
develo

Answers

Gigster, Uber, and Starchup, being software-based companies, have a lot of similarities when it comes to their development approaches and software tools they use to develop their software and implement their business models. However, they differ in certain areas.

The following are the similarities and dissimilarities among the software-based companies:Similarities:All the three companies have a fast-paced working environment. This means they focus more on delivering high-quality results within a short period of time. This implies that they require software tools that can improve their efficiency to minimize the delivery time.They all require software tools that are flexible and scalable enough to accommodate changes in the project requirements. As software development is a continuous process, changes can occur at any time. Therefore, they need software tools that can easily adapt to these changes. They all prefer open-source tools as they are free to use, which helps them cut down on expenses.

They use different programming languages and tools depending on the software they are developing.The driving force behind these software-based companies is their business models. Uber uses surge pricing to maximize profits, while Starchup uses the commission-based model. Gigster, on the other hand, uses a hybrid model that includes a fixed price and hourly billing, depending on the project requirements.In conclusion, these companies have a lot of similarities when it comes to the software tools they use to develop their software and implement their business models. However, they differ in certain areas, such as their development approaches, the programming languages and tools they use, and the software solutions they prefer.

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Other Questions
Under the Rusch Factors doctrine, to which of the following parties will an accountant be liable for negligence?A. Only parties in privity and not those reasonably foreseeable third parties.B. Both parties in privity and reasonably foreseeable third parties.C. Only reasonably foreseeable third parties and not those parties in privity.D. Neither reasonably foreseeable third parties nor parties in privity. Why are some snakes, lizards, and frogs so often found living in swamps?A. Snakes, lizards, and frogs do not need to drink water to live.B.Snakes, lizards, and frogs can only live in deep water.C. Snakes, lizards, and frogs can live in water or wet soil.D. Snakes, lizards, and frogs can only live in very cold places. A certain coin is a circle with diameter 36 mm. What is the exact area of each side of the coin?The exact area of each side of the coin ismm? water is extremely important in living things for all of the following reasons exceptgroup of answer choicesit has high specific heat and resists temperature change.it is a good solvent; most things dissolve in it.it is an excellent buffer.it has high heat of vaporization and low density of ice. The Big Firm (which has a value $402 million) is considering acquiring The Small Firm (which has a value $171 million) by paying $293 million for all of its assets. The Big Firm's valuation of the new, more profitable, firm that would be created is that it T will be worth $737 million. The synergy expected from the merger of The Big Firm and The Small Firm equals $ ____ million. Put the answer in millions but without "000,000" and without "$". For example, if you got $12,000,000 then simply type 12. What are the following public functions in the listed car class definition known as?A. A public interfaceB. a private interfaceC. A class implementationD. An object definition Which tool in Excel Analytics is best used to calculate information such as total cell count positive and negative accounts, averages, and variances in a data set? Aging Column Statistics Summarize Out of Mask Researchers are interested in investigating whether or not there is a relationship between two variables, 2 and y. To do so, they obtained a random sample of 10 individuals, measured values of 2 and y on each individual, and fit a linear regression model to the resulting data, as seen in the plot below. 6 61 5 5 4 3 0 4 02 8 10 12 N The fitted regression line was found to be y=2.72 + 0.28. Assuming all the model assumptions are met, and the inference procedures are valid, then: a) What is the predicted value of y, at 3 = 38? Round your answer to 2 decimal places. Explaining the Japanese philosophy of life reflected in Architecture? Illustrated through example tools. fill in the blank. A summer berm is formed by gentle waves in spring and summer, whereas a(n) ____, or storm berm is formed higher up on the beach by strong storm waves. Solve the following equation and then check your solution. Show all of your work.243x=27 What are the four types of physical hazards?Select the 4 answer options that apply.Extreme TemperatureRadiationVibrationNoisePathogensCorrosive substances Write the fraction or decimal as a percent. 3/50 In a binomial experiment consisting of five trials, the number of different values that X (the number of successes) can assume is a.5 b.2 c.6 d. 10 2 Cons(Maksuda)Use outside reading and be sure to reference it Reading Rainbow Tip: Who is the main character? Do they have any friends or helpers? Is there someone who challenges the main character? 12. Fancy goldfish x cost $3 each andcommon goldfish y cost $1 each. Graphthe function y203x to determinehow manyof each type of goldfish Tashacan buy for $20. If the fly experienced a force of 100 N when it hits how big was the force on the vehicle in this collision Now suppose South Africa opens up to trade, as in the small-country model. er the country of South Africa, the y of which is the rand. The graphs how two markets: gasoline and iron Suppose the world price for gasoline is 9 rand per liter. South Africa will Select... million liters of gasoline. Market for Gasoline Market for Iron Ore Submit 30 A 27+ 12,000 A 10,000+ Do you know the answer? X Price (rand per metric ton) 8,000 6,000 4,000 I know it Think so Unsure No idea 2.000 1 2 3 4 5 6 7 8 9 10 Quantity (millions of liters) 1 2 3 4 5 6 7 8 9 10 Quantity (millions of metrict Which of the following is the equation of the graph below? Which part of the plot will you find the introduction of the characters andsetting?a.Resolutionb.Expositionc.Climaxd.Rise in Action