Number of strawberries Basil buys from Clara daily is 1 and the price at which they trade is 29 cents.
The equilibrium price at which they trade and find how many strawberries Basil buys from Clara daily:
Equilibrium price can be found when the marginal value of strawberries for both parties is the same.
MVB = MVC40 - 0.5Q = 20 - 0.5QQ = 40 - 2 × 20Q = 0
Since Q = 0, the market clearing price cannot be determined in this case as no trade can happen.
Using the endowments, the maximum number of strawberries each can consume is as follows: Basil = 20 strawberries
Clara = 40 strawberries
To find how many strawberries Basil buys from Clara daily, let’s assume that Basil buys x strawberries from Clara. This means Clara will buy 20 - x strawberries from Basil daily. Let the price of each strawberry be p. For the trade to happen, it must be profitable for both parties to exchange. That is, they should be willing to exchange if p is between MVB and MVC. Basil’s net marginal utility will be:
MVB - p = (40 - 0.5x) - p = 40 - 0.5x - p
Clara’s net marginal utility will be:
MVC - p = (20 - 0.5(20 - x)) - p = 20 + 0.5x - p
To find the value of p, we equate the above two equations and solve for x.40 - 0.5x - p = 20 + 0.5x - pp = 30 - x
So, the equilibrium price is p = 30 - x.
Now, let’s find how many strawberries Basil buys from Clara daily. Basil’s budget constraint is:
B = x p
Let’s put the value of p we found above.
B = x (30 - x)B = 30x - x²
B is the maximum number of strawberries Basil can consume given his budget constraint. Let C be the number of strawberries Clara can consume given her budget constraint. Her budget constraint is:
C = (20 - x) p
Let’s put the value of p we found above.
C = (20 - x) (30 - x)C = 600 - 50x + x²C is the maximum number of strawberries Clara can consume given her budget constraint.
Since the exchange must be beneficial to both parties, we must have:
B ≤ 20 and C ≤ 40
We have already found the expressions for B and C.
Let’s put the values of B and C and solve for x.30x - x² ≤ 20-50x + x² ≤ -10x² - 50x + 20 ≤ 0
Dividing all terms by -10 and solving for x,x² + 5x - 2 ≤ 0
This inequality will hold for –5 + √29 ≤ x ≤ 1
We must have an integer value for x. So, the number of strawberries Basil buys from Clara daily is 1 and the price at which they trade is 29 cents.
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what is 1635436743 times 76354
Answer:
1.2487214e+14
Explanation:
I allow you to write letters of the alphabets what I am
Answer:
1COMPUTER (Practice worksheet) Name: Class:2 Date ...../ / I am your friend Pingo. Will you do this worksheet with me? This is my keyboard. Function Keys Numeric My computer's keyboard can talk. Special Keys Normal Keys Direction Keys Keys Numeric Keypad It wants to ask a few questions. Will you answer them for me? 1. Which key am I? a) I allow you to write letters of the alphabets. b) I allow you to move the cursor to the top of the page. c) I allow you to delete the letter to the left of the cursor d) I allow you to delete the letter to the right of the cursor. e) If you press me you can type capital letters. f) You use me to type numbers. g) I allow you to create blank spaces between two words or two numbers. h) I allow you to move the cursor up, down, left or right.
Which option identifies the marketing strategy demonstrated in the following scenario?
Department stores often have their own credit cards and mailings sent to card holders that offer incentives such as
percent discounts and early hour shopping days.
O product packaging
customer loyalty
O advertising
word-of-mouth
Answer: customer loyalty
Explanation:
6. Assume :Fn = tfn: (1+r)+nCn is the equilibrium situation. Also assume that Ty-Ti is one year, that Cn2 = 56 and that nr = 10%. What statement is true about the following 2 prices: Fºn=100& .Fºr=133? a. they are not equilibrium prices since there is an arbitrage profit of 28 b. they are not equilibrium prices since there is an arbitrage profit of 22 they are not equilibrium prices since there is an arbitrage profit of 17 d. they are not equilibrium prices since there is an arbitrage profit of 20 e. they are equilibrium prices 7. Assume:Fry = F (1 + r) + tory is the equilibrium situation. Also assume that T3 - Ti is one year, that C = $1 and that a = 10%. Assume the initial prices are Fºr = 100 & Pºr2= 133. This is not an equilibrium situation. Say the next day, t+1, the riFu price adjusts to 115. What would be the equilibrium price for 1F12? a. 122 b. 127.5 C. 112 d. 118.5 e. None of these represent an equilibrium price for F12
For the first scenario with prices Fºn = 100 and Fºr = 133, the statement that is true is (b) they are not equilibrium prices since there is an arbitrage profit of 22. This implies that there is an opportunity to make a profit by exploiting the price difference between the two periods.
For the second scenario where the initial prices are Fºr = 100 and Pºr2 = 133, and the price of riFu adjusts to 115 the next day, the equilibrium price for 1F12 would be (c) 112. This is the price at which the market reaches a new equilibrium given the adjusted prices and the underlying assumptions.
In the first scenario, the equilibrium equation Fn = tfn: (1+r) + nCn is given, and the values Cn2 = 56 and nr = 10% are provided. By substituting the values and comparing the given prices Fºn = 100 and Fºr = 133, it is observed that there is an arbitrage profit of 22. This indicates that the prices are not in equilibrium, and there is an opportunity to exploit the price difference.
In the second scenario, the equilibrium equation Fry = F (1 + r) + tory is given, and the initial prices Fºr = 100 and Pºr2 = 133 are provided. The next day, the riFu price adjusts to 115. To determine the equilibrium price for 1F12, the equation is rearranged to solve for F12. Substituting the values, it is found that the equilibrium price for 1F12 is 112, which represents the new equilibrium in the market given the adjusted prices.
Overall, these answers highlight the importance of equilibrium prices and the existence of arbitrage opportunities in determining whether prices are in balance or require adjustment to reach equilibrium.
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(PLEASE ANSWER FAST!!) (13 POINTS)
If you’re going to school full time, it will usually take you at least _________ to earn 120 hours of study (or around 40 classes that meet three times a week).
A. two years
B. six years
C. four years
D. five years
Answer:
C. four years
Explanation:
hope this helps
Answer:
The answer is C. four years.
Explanation:
Bachelor’s degree: Approximately 4 years of full-time study (120 credit hours)
holding other factors constant, if a tax increase moves the government budget from deficit to surplus, then the real interest rate will and the equilibrium quantity of national saving and investment will . multiple choice increase; increase decrease; decrease increase; not change decrease; increase
Reduce your investment. Investors get poorer returns on their investments as tax rates climb. Investors are thus less likely to make investments.
Your funds are dispersed throughout several different kinds of assets. Spreading your money out in this manner helps to lower the danger. For instance, one asset class can perform well one year while another might underperform.
Over time, the prospective returns are more likely to be constant if your investment is dispersed over both of these assets rather as a fund that only invests in one kind of asset.
Because our active funds invest in a wider variety of assets than our passive funds do, you have a greater chance of seeing your money increase while also enjoying the benefits of risk diversification.
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Work Survival skills include?
A. introducing new ideas, coordinating tasks, and managing groups
B. identifying problems, gathering information, and imagining alternatives
C. cooperating, providing support, and expressing feelings
D. being punctual, managing time, and enforcing policies
Answer:d
Explanation: because it is in the work place survival skills manual
hope this helps
In the Work Survival skills includes the cooperating, providing support, and expressing feelings. The correct option is (C).
What do you mean by Work survival Skills?
The ability to maintain one's life in either a built-up or a natural setting is known as survival skills.
The required skills in the work survival are:
Design thinking.Online cooperationManage cognitive burden.Digital literacyTransdisciplinary.Computation-based reasoning.Cultural sensitivity.Social awareness.Innovative and flexible thinkingPerception.Even though they are not necessary in our modern world of support systems, survival skills will help you become a more independent person who is aware that they don't necessarily need to rely on all of our modern infrastructure systems to survive.
Therefore, in the Work Survival skills includes the cooperating, providing support, and expressing feelings.
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Select the correct answer.
What is an opportunity cost?
Olost benefits of other opportunities
cost of taking up an opportunity
costs incurred to receive the benefits of an opportunity
O costs incurred when the wrong opportunity is selected
Answer:
lost benefits of other opportunities
Explanation:
Answer: lost benefits of other opportunities
Explanation:
TRUE OR FALSE: A mathematics professor at a university would fall under both the Education and Training career cluster and the STEM career cluster.
You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 3 percent, -9 percent, 29 percent, 18 percent, and 15 percent. What was the arithmetic average return on the company's stock over this five-year period? 11.20% What was the variance of the company's returns over this period? 0.02230
The variance οf the cοmpany's returns οver the five-year periοd is 0.113528%, οr apprοximately 0.02230 when expressed as a decimal.
Hοw tο calculate the arithmetic average return?Tο calculate the arithmetic average return, we sum up all the returns and divide by the number οf returns.
Arithmetic average return = (3% + (-9%) + 29% + 18% + 15%) / 5
Arithmetic average return = 56% / 5
Arithmetic average return = 11.2%
Therefοre, the arithmetic average return οn the cοmpany's stοck οver the five-year periοd is 11.2%.
Tο calculate the variance, we need tο find the squared difference between each return and the arithmetic average return, sum up thοse squared differences, and divide by the number οf returns.
Step 1: Calculate the squared differences:
(3% - 11.2%)² = (-8.2%)² = 0.06724%
(-9% - 11.2%)² = (-20.2%)² = 0.40804%
(29% - 11.2%)² = (17.8%)² = 0.031684%
(18% - 11.2%)² = (6.8%)² = 0.04624%
(15% - 11.2%)² = (3.8%)² = 0.01444%
Step 2: Sum up the squared differences:
0.06724% + 0.40804% + 0.031684% + 0.04624% + 0.01444% = 0.56764%
Step 3: Divide by the number οf returns:
0.56764% / 5 = 0.113528%
Therefοre, the variance οf the cοmpany's returns οver the five-year periοd is 0.113528%, οr apprοximately 0.02230 when expressed as a decimal.
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Appraisers rely on recently completed transactions of similar properties to guide their selection of the cap rate to be used to value a single property. The method of estimating a cap rate from a series of comparable properties is more commonly referred to as:____.
a. terminal capitalization.
b. indirect capitalization.
c. direct market extraction.
d. overall capitalization.
Answer: direct market extraction
Explanation:
The method of estimating a cap rate from a series of comparable properties is more commonly referred to as Indirect capitalization. The correct option is b. indirect capitalization.
Indirect capitalization is the method of estimating a capitalization rate (cap rate) by analyzing recently completed transactions of comparable properties. This approach involves examining the income and sales data of similar properties to determine the prevailing market cap rate.
The cap rate is the ratio between the net operating income (NOI) generated by a property and its market value. By analyzing the cap rates of comparable properties, appraisers can derive an appropriate cap rate to value a single property based on its income potential.
Indirect capitalization is a widely used technique in real estate appraisal as it provides a reliable means to estimate property values based on market trends and comparable sales data.
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A sales representative sells products from two competing companies without disclosing to either company. Which agent duty owed to a principal applies to this situation?.
By selling products from two competing companies without disclosing to either company, the principal duty that is applied to this situation is conflict of Interest.
In the field of business, a conflict of interest can be described as a situation where the employee chooses a personal gain over his responsibilities as a worker of a company. He might produce a negative impact for the company while gaining for something personal.
In the scenario above, by working for two rival companies at the same time, the sales representative is choosing a personal gain over his responsibility as an employee to both the companies.
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three managers of the magic potion company are discussing a possible increase in production. each suggests a way to make this decision. harry: we should examine whether our company’s productivity – gallons of potion per worker – would rise or fall. ron: we should examine whether our average cost – cost per worker – would rise or fall. hermione: we should examine whether the extra revenue from selling the additional potion would be greater or smaller than the extra costs. who do you think is right? why?
Answer:
harry
Explanation:
because he is thinking of the productivity of workers first
According to the Fair Credit Reporting Act, all of the following would be considered negative information about a consumer EXCEPT
A. Late payments
B. Failure to pay off a loan
C. Disputes regarding consumer report information
D. Tax delinquencies
The information that would NOT be considered negative information about a consumer, according to the Fair Credit Reporting Act is: D. Tax delinquencies.
What is the Fair Credit Reporting Act?
The Fair Credit Reporting Act (FCRA) is a federal law that governs how consumer credit information is gathered, used, and disclosed. The act ensures that the information collected by credit reporting agencies (CRAs) is fair, correct, and confidential. The FCRA is enforced by the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC).
What is negative information?
Negative information is information that reflects negatively on a person's creditworthiness. Late payments, failure to pay off a loan, and disputes about consumer report information are examples of negative information. Creditors and lenders may use negative information to determine whether to lend money to someone or extend credit to them.
Why would Tax delinquencies NOT be considered negative information?
Tax delinquencies would NOT be considered negative information because they do not reflect a person's creditworthiness. When it comes to creditworthiness, tax delinquencies are not a factor. Tax delinquencies are not included in consumer reports because they are not used to determine whether or not a person is eligible for credit or lending.
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The three parts of an income statement heading are _____.
who
when
where
what
motivation of 50. also last year trying to get rid of them. Have a good day :D
Answer:
Who,When,What
Explanation:
Which 3 activities are accessible from the get paid & pay tab when using business view?.
The 3 activities that are accessible from the get paid & pay tab when using business view are: Vendors, Sales, Time.
What is QuickBooks?QuickBooks can be defined as an accounting software that enable a business owner, accountant or account officer to track a company sales including their day to day transactions.
When a business owner is making use of business view on QuickBooks the activities that is accessible from the get paid & pay tab includes:
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A friend comes to you seeking advice. He got into trouble at work for not being a team player. He really likes his job and isn’t quite sure what to do. What suggestions would you give to your friend to help him improve? How might he respond to his boss? paragraph... hurry need it by tomorrow
Answer:
well he should apologize to his boss and everyone he wasn't a team player to because someone must have told his boss, and then proceed to say he with work with others better and mean it. hope this helps your "friend"
Explanation:
The response to hie boss is advice by a friend is that he should justify to his boss and everyone else who knew he wasn't a team player, and then proceed to say he will work better with others and mean it.
What is the team player?Effective team players hold themselves and others accountable. They accept responsibility for their actions or mistakes and comprehend how their decisions affect the team.
Adapting to change is an essential component of team success. If they have the backing of a team, people are more likely to take calculated risks that lead to innovation.
Working as part of a team promotes personal development, increases job satisfaction, and reduces stress. In the given case, his boss's response is advice from a friend that he should justify to his boss and everyone else who knew he wasn't a team player, and then proceed to say he is a team player.
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profit corporations are private corporations that are created to conduct a business for profit and can distribute profits to shareholders in the form of dividends.
T/F
True. Profit corporations, also known as for-profit corporations or business corporations, are private corporations that are established with the primary objective of conducting business activities to generate profits.
These corporations are owned by shareholders who invest capital and expect to receive a return on their investment. One of the ways in which profits can be distributed to shareholders is through dividends, which are typically paid out of the corporation's earnings. A for-profit corporation is a legal entity that is formed with the purpose of conducting business activities to generate profits for its shareholders. For-profit corporations differ from non-profit corporations, which are established for charitable, educational, or other non-profit purposes and are not primarily focused on generating profits for their owners.
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the proprietor introduce another $5000 cash in to the firm
The firm paid out $5,000 in cash. The equation stays in harmony. >> Property. 5. Financial Interest.
What does existing proprietor mean?A sole proprietor is an individual who owns an unincorporated business on his or her own. A proprietor is defined as someone who owns or runs a business. A shoe shop proprietor is an example of a proprietor. 1. An only proprietor is the sole owner of an unincorporated enterprise. The business owner, also known as a proprietor or a trader, uses their legal name to conduct business. They can also choose to do business under a different name by registering a trade name with their local government. the owner of a business, a hotel, etc. a person who has the sole right or title to something; an owner, as of real estate a group of proprietors; exclusive.To learn more about proprietor, refer to:
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Why would you put money into a savings account
Answer:
There are several reasons why you might want to put money into a savings account, including:
Emergency fund: A savings account can be a great place to store money that you may need for unexpected emergencies, such as car repairs or medical bills. Having an emergency fund can provide you with peace of mind and help you avoid having to go into debt to cover unexpected expenses.Short-term goals: If you have short-term financial goals, such as saving for a vacation or a down payment on a house, a savings account can be a good place to save money. Savings accounts typically offer a low rate of return, but they are also low-risk and easily accessible.Saving for future purchases: If you are planning to make a large purchase in the future, such as a car or a home, you may want to start saving money in a savings account. This can help you reach your savings goal over time and avoid having to take out a loan or use credit cards to make the purchase.Building wealth: While savings accounts typically offer a lower rate of return than other types of investments, they are also low-risk and can be a good place to start building wealth. By consistently saving money over time, you can accumulate savings and eventually invest in other assets that offer higher rates of return.Overall, a savings account can be a useful tool for managing your money and achieving your financial goals. It can provide a safe and accessible place to store your money, while also helping you build wealth and prepare for unexpected expenses.
Answer:
To save it.
Explanation:
Saving Bank Account – Most familiar name, almost known to everybody, it is a way to save money for the future without any risk. A Saving Bank Account is the most common type of bank account that allows you to earn interest on the balance maintained in your account. You can deposit money in this account and use the same whenever required while earning interest on it. saving account deposits are liquid funds means it can be withdrawn at any time. Managing your everyday expenses, saving for an emergency or future; a Saving Account is an excellent option. Nowadays, banks are offering different types of Saving Bank Accounts along with lots of features to meet the financial needs of customers.
Why A Saving Bank Account Is Important?
Saving money is always tough, but yes it can be possible by a Saving Bank Account which is a deposit account and you can open at any retail bank. Your hard-earned money kept in your saving an Account is not only safe but also earns you the interest on that amount. Interest on a savings account is calculated quarterly and credited to the account. Nowadays there are several types of Savings Account that can be used for different requirements depends on individual needs. so here are some reasons why Saving Bank Account is important:-
Secure route for money - Saving bank account is a secure option for keeping the money in a bank instead of keeping it at home.
Building well-being credit - Saving bank account is not only keep the money safe but also provide the interest benefits on the amount deposited.
Savings for a child’s future - Being a parent everybody wants a bright future for their children therefore Saving Bank Account comes out to be a very good saving option for all their investment needs.
Savings for a happy retirement – After retirement, all earnings stopped so it's better to save money in saving bank account before you retire. This small saving can give you maximum monetary benefits.
Savings for an Occasion - Life is incomplete without occasions and occasion means celebration/party/fun/gathering etc. Small savings regularly will give you the best feeling on that day.
Savings to fulfill your dreams - Every human being has their own life and dreams. Saving Bank Account is a good option to do saving for dreams etc...
How To Open A Saving Bank Account?
Savings Bank Account is very simple and easy to open and it can be open without any trouble. Now, you can open the saving bank account online meaning that you do not need to step out from your door. You can directly visit the bank website and complete the process to open an account. Here are some important steps to open a Saving Bank Account:-
Choose the right bank as per your needsFollow the procedure given on the bank website or go to the bank directly.Select the Saving Bank Account typeRead the terms and conditions carefullyVerify KYC documentsFill the Saving Account Opening formDeposit Initial Funding in your AccountChoose the right bank suiting your needs - Choosing the right bank is personal and completely based on individual needs. You can check all the details from bank websites which will help you in choosing your right bank but while choosing the bank you must consider your financial situation and your future needs, it will help you in choosing your right bank according to your needs.
Follow the Bank website or go to the Bank - Websites are the best and convenient place to bring in more information about their facilities, products, and services. Follow/visit the bank’s website to know more about the bank in which you want to have an account. Likewise, you can also choose to visit in nearby bank branch physically during the business hours to get the information. Most of the commercial banks are open from 10 AM to 4 PM on weekdays which includes 1st, 3rd, and 5th Saturdays of every month as long as it’s not a gazetted holiday and remain closed on 2nd and 4th Saturday, Sunday’s and public holidays. Few banks nowadays providing 365 days of banking services also.
Select the Saving Bank Account type - A simple and easy way to choose a saving bank account type is keeping your financial needs in your mind. Banks nowadays providing a number of saving account types, each with its own benefits, fees, and charges. Depending on whether you want to operate it single or jointly. Select a type of Saving Bank Account that serves your needs.
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when the floor rusted through on her old car, kelly knew she had a problem. logically, kelly's next step in the consumer decision process would be to
Option B. search for information. Logically, Kelly's next step search for information.
The consumer decision process is the decision-making process that consumers use in relation to market transactions before, during and after purchasing goods or services.
When there are several options, this can be considered a special form of cost-benefit analysis.
Common examples are shopping and dining choices. Decision-making is a psychological component. This means that we cannot "see" the decision, but we can conclude that the decision was made from the observable behavior.
Therefore, we conclude that a psychological "decision-making" event has occurred. It is an interpretation that implies a duty to act. That is, we assume that people commit to perform actions based on observable.
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Complete question:
When the floor rusted through on her old car, Kelly knew she had a problem. Logically, Kelly's next step
in the consumer decision process would be to
A. identify her need.
B. search for information.
C. evaluate alternatives.
D. purchase a new car.
E. assess her satisfaction with the car she purchased.
How many days does the pay stub cover?
Answer:
Pay stubs are usually an extent of 30 days which is a month.
Which assumption would a lender most likely make about a person with a credit score around 800?
O that the person has invested a great deal of money in the stock market
O that the person has had very few delinquent payments in the past
O that the person has lived in the same city for a long time
O that the person has avoided using credit cards
A card issued by a bank that allows users to finance
a purchase.
Credit card
Debit card
Answer: Credit Card
Explanation:
Debit cards allow you to spend money by drawing on funds you’ve deposited at the bank.
Credit cards allow you to borrow money from the card issuer up to a certain limit in order to buy items or withdraw cash.
I hope this helps!
When a company has a diverse workforce, which of the following is likely to
be true?
A. Wages can be decreased.
B. There is potential for discrimination.
C. The workforce will be all male.
D. HR managers will be all males.
The correct option is D. When a company has a diverse workforce, HR managers will be all males is likely to be true.
Because every team member—from the leadership to the frontline staff to mobile workers—brings their own distinct backgrounds, experiences, and viewpoints to the table, workplace diversity fosters creativity and innovation.
How does diversity affect the workplace?Productivity is strongly impacted by the greater variety of talents and abilities that come with workplace diversity. Because diverse employees have a range of talents, skills, and preferred fields of work, workplaces with greater variety typically have higher productivity.
Beyond political correctness, a diverse workforce has several advantages. Including people from all backgrounds and viewpoints can promote better decision-making, more innovation, and increased workplace engagement. Additionally, it might enhance a business's reputation and make it simpler to draw in top employees.
Thus, The right answer is D. A corporation is more likely to have all male HR managers if its workforce is diverse.
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Janyell is the money person. All purchases or any funds needed for business activities have to be sent to her and approved first.
Which Function of Business is Janyell most closely
associated with?
A- accounting
B- sales
C- production
D- finance
Answer:
B?
Explanation:
A gene is considered to be dominant it mark ______
A. it is expressed only in homozygous state B. It is expressed only in heterozygous condition C. it is expressed both in homozygous and heterozygous condition D. it never expresses its effect in any condition
A gene is considered dominant if it is expressed both in homozygous and heterozygous condition. The correct answer is option C.
The term "dominant" in genetics indicates a type of gene that will always be expressed if present. When a dominant gene is present, it will always show up and mask any recessive genes that are also present. The recessive gene only shows up if the dominant gene is not present.
The expression of dominant genes in both homozygous and heterozygous conditions suggests that if an individual has either a homozygous or heterozygous condition, the dominant gene will be present in the offspring. As a result, both homozygous and heterozygous conditions are necessary for dominant genes to be present. An example of a dominant gene is brown eye color. Brown eyes are dominant over blue eyes.
Therefore, if an individual has one brown-eyed parent and one blue-eyed parent, they will have brown eyes because the brown eye color gene is dominant and always expressed. In a case where both parents have brown eyes, their child may have either brown or blue eyes, depending on whether or not they are carriers of the recessive blue eye color gene.
The answer, therefore, is option C.
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What are the dangers associated with having a high national debt?
Answer:
Explanation:
Lower income and economic opportunities for the people. Might lose investors and business opportunities.
Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?
Answer: $861.44
Explanation:
Given the following :
Purchase price = $195,000
down payment = 20%
Interest rate = 5.25%
Period = 30 years
Down payment = 0.2 × $195,000 = $39,000
Therefore, loan amount will be :
$(195,000 - 39,000) = $156,000
The payment per period (monthly payment) can be calculated using the annuity calculator.
Present value = $156,000
Number of periods = 30yrs = 30× 12 = 360 months
Interest = 5.25% / 12= 0.4375% = 0.004375
Future value = 0 (Amount when entire loan has been paid)
Therefore, the payment per period is $861.44 using the financial calculator.
Jose is an up and coming entrepreneur working on solidifying his business plans. After meeting with his mentor, he learns that he needs to carefully define his prospective business by creating a concise vision/mission statement that identifies the direction and objectives of his business. Why is this important for Jose to do
Answer:
This is important for Jose because as a business owner you want to know what type of business you are running
Explanation:
hope this helps :D
Creating a concise vision/mission statement that identifies the direction and objectives of his business is important for Joe as it helps identify the organization's goals and gives employees a sense of ownership and association.
What is a Business plan?In-depth descriptions of a company's goals and methods for achieving them are included in a business plan. A business plan outlines to gain some insights into the company's operations, finances, and marketing.
A mission statement summarises how a business is doing exactly present. It is focused on achieving the key objectives that will assist the organization to achieve its future goals and is short-term in nature.
A strategic vision is used to represent the organization's desired outcome, or what it aims to become. It informs the workforce of the company's objectives and gives them the motivation to fulfill them.
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