Firms in the monopolistic competition market cannot make a profit in a short run. Select one: True False

Answers

Answer 1

In the short run, firms in monopolistic competition markets may earn positive or negative profits; thus, the given statement is false.

Monopolistic competition refers to the market structure where many firms offer similar but not identical products to customers. Each company has a limited market share, but consumers believe that the products are unique, so the market power of each firm is higher. Moreover, entry and exit are easier than monopolies, but they are not as simple as in a perfect competition scenario.

Each company's power to influence the market price is less than that of a monopoly. Instead, they must decrease their price or raise the product quality to sell the products due to competition. Due to product differentiation, a firm in a monopolistic competition market has a downward sloping demand curve. Because consumers perceive the goods as similar but not identical, they will shift their demand if the price changes.

It implies that the firm faces an elastic demand curve rather than a perfectly elastic one. The company will increase or decrease its output to maximize profits, as in other market structures. However, the business must consider the competition and the preferences of customers. If the company produces more goods and the price remains constant, it may face lower profits because it needs to invest more in production.

Alternatively, if the business lowers the price to attract more customers, its profits may increase if the increase in sales compensates for the decline in price. In the short run, firms in monopolistic competition markets may earn positive or negative profits.

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Related Questions

Spending that is required by law is known as
O discretionary spending
O deficit spending,
O mandatory spending.
O expansionary spending.

Answers

When a certain type of spending is required by law then it is known as Mandatory spending.

What is mandatory spending?

This is a part of the U.S. government federal budget. The things to be spent on are required by law to be spent on so if these things are ignored, it would be illegal.

Examples of mandatory spending in the U.S. include social security and Medicare.

In conclusion, option C is correct.

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Answer:

C) mandatory spending

Explanation:

hope it helps!!!!

The Open Door policy was designed to Group of answer choices protect American access to the China trade without resorting to war. all of the above prevent the United States from being excluded from the China markets. keep the markets of China open to the United States.

Answers

Answer:

keep the markets of China open to the United States

Explanation:

The Open Door policy was designed by the United States in 1899 and 1900.

The purposes of the policy include :

protection of  equal privileges of China's trade partners. This meant that all of China's trading partners were to have equal access to all China's ports open for trading protection of China's administrative and territorial integrity

When the strong dictatorial rule in Arlington unexpectedly collapsed due to the shocking death of the royal family in an explosion, the experienced drastic changes. The laws became more restrictive, the country lost many locally produced resources and products, and wealth became inequitable. The unexpected event that led to these changes can best be described as a(n) __ event.
- black swan
- miracle
- extinction
- wild card

Answers

The unexpected event that led to these changes can best be described as a(n) black swan event.

Black swan alludes to the allegory where certain occasions happen that poor person been supposed or impractical to be considered previously and results related to it are likewise expansive. Comparable outcomes have happened after the demise of the imperial family which makes sense for the dark swan occasion.

Different choices are wrong because;

Miracle alludes to some remarkable occasion that has been invited.Eradication prompts the vanishing of somethingTrump card incorporates the impact of some individuals unusually.

This choice (A) is right.

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If the broker, while acting as agent in a sale of real property, misrepresents the principal's property to a buyer,

Answers

• Rescission of the sale by the buyer

• A court action for damages by the buyer

• Tort liability

Hope this helps!

A high school choir is holding a fundraiser for its spring contest trip. The amount each student needs to raise varies as the number of students who participate in the fundraiser. If 50 students participate in the fundraiser, each student needs to raise $275.

Answers

The inverse variation is represented by the proportionate situation. This is due to the fact that, regardless of the number of pupils, the total amount they expect to raise is the same.

What is meant by inverse variation?

The link between two variables known as "inverse variation" occurs when the value of one variable rises while the value of the other variable falls. When two quantities have inverse variation, one quantity rises while the other falls. For instance, when travelling to a specific area, the amount of time it takes to get there lowers as your speed rises.

1. The inverse variation is represented by the proportionate situation.

This is due to the fact that, regardless of the number of pupils, the total amount they expect to raise is the same.

2. K, the variational constant, has a value of $13,750.

K = SA

k = 50 * 275

K=$13,750

3. Every one of the choir's 100 pupils would need to contribute $137.5 if they all participated in the fundraising.

K = SA

A = K/S

A = 13750/100

A = $137.5

The complete question is:

A high school choir is holding a fundraiser for its spring contest trip The amount each student needs to raise varies as the number of students who participate in the fundraiser. If 50 students participate the fundraiser, each student needs to raise $275

1. The proportional situation represents ___ variation

2. The constant of variation, k, is equal to___.

3. If all 100 students in choir participate in the fundraiser, each will need to raise___.

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1.What is a business transaction?

Answers

Answer:

A business transaction is an event involving an interchange of goods, money or services between two or more parties.

Explanation:

A business transaction is an event involving an interchange of goods, money or services between two or more parties.  The business transacted can be between two parties engaged in business and conducting the transaction for their mutual benefits, or between a business entity, like a retail shop, and a customer.

which of the following is a reason that firms must develop more new products than ever?
They are replacing old customers with new ones
To amortize heavy investments in development labs
The increased difficulty of defending patents and trade names
Commitments to joint venture partners
Product life cycles are shorter

Answers

One reason that firms must develop more new products than ever is due to the shortened product life cycles. Hence, option E. product cycles are shorter is the correct answer.

With advancements in technology and the constant evolution of consumer preferences, products become obsolete much quicker than in the past. This means that firms must constantly innovate and introduce new products to remain competitive in the market. Additionally, the increased difficulty of defending patents and trade names also contributes to the need for more new products. With the rise of globalization and ease of imitation, it has become harder for firms to protect their intellectual property. Therefore, they must constantly create and introduce new products to stay ahead of the competition. Another factor is the need to amortize heavy investments in development labs. Developing new products requires significant investments in research and development, and firms must introduce new products to recoup these costs. Lastly, commitments to joint venture partners can also drive firms to develop more new products. When partnering with other companies, there may be an agreement to introduce new products to the market, which requires a constant flow of innovation. Overall, the need for firms to develop more new products than ever is driven by a combination of factors, including shorter product life cycles, increased competition, and financial obligations.

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additional paid in capital on the balance sheet equals the amount paid by investors for the company's common stock that exceeds the market price of the stock at the time of purchase.

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The to the question is that additional paid-in capital on the balance sheet represents the amount paid by investors for a company's common stock that exceeds the market price of  stock at the time of purchase.

1. When a company issues common stock to investors, they may receive an amount that is higher than the market price of the stock.2. The excess amount that investors pay for the stock is called additional paid-in capital.3. Additional paid-in capital is recorded as a separate line item on the company's balance sheet.4. It is considered a part of the shareholders' equity section of the balance sheet.5. This additional paid-in capital represents the value that shareholders have contributed to the company above the stock's market price.

6. It reflects the premium that investors are willing to pay for the company's stock.7. The amount of additional paid-in capital can change over time as investors buy and sell shares of the company's stock.8. This additional capital can be used by the company to fund its operations, invest in growth opportunities, or reduce debt.

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Audrey, a team leader, wanted to make some changes in the seating arrangement of her team members to improve communication. She outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This is an example of

Answers

The example of communication illustrated by Audrey is two-way communication.

What is communication?

It should be noted that communication simply means the exchange of information between parties.

In this case, Audrey outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This form of communication that is illustrated by Audrey is two-way communication.

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What are personal, property, and liability risks? What are examples of personal, property, and liability risk?

Answers

Answer:

Some examples of a personal risk include poor health and old age. Property risk includes having your property damaged by wind, lightning, etc. Liability risk is essentially you being responsible for something that happens that could lead to a lawsuit or anything of that nature.

Explanation:

would u go out with me

Answers

Answer:

No

Explanation:

This is not a dating site...

Which of the following should appear in the income statement of a limited
company. I auditors fees, Il debenture Interest, III directors remuneration *
I and II Only
I and Ill only
II and III Only
I, II and III​

Answers

Explanation:

I, II and III​

Martine developed a filing system to keep track of potential and current customers. Which qualification has she demonstrated?

critical thinking
problem solving
organization
computer skills

Answers

Organization

Explanation: she developed the filing system which is a way of organizing the costumers that come in.

I hope this helped! ^^

Answer:

C. Organization

Explanation:

:)

Which method for calculating credit card balances is best for the customer who made a large purchase in the current month but has not made any
payments yet?
A. Previous balance method
B. Average monthly balance method
C. Adjusted balance method
D. Average daily balance method

Answers

The method for calculating credit card balances that is best for the customer who made a large purchase in the current month but has not made any payments yet is this: A. Previous balance method.

What is the previous balance method?

The previous balance method is a way of calculating the credit card balance of customers who made a large purchase in the current month but have not made any payments yet.

This type of method helps the salesperson to know what is currently available and what is expected when the customer pays up.

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1. Consider fear and love as potential motivators. Which is the best source of motivation for you? For salespeople? For top executives at a media conglomerate? Why?
2. If most adults are at a conventional level of moral development, what does this mean for their potential for moral leadership?

Answers

The best source of motivation varies depending on the individual and the specific role they hold. For personal motivation, some individuals may respond better to fear, while others may be motivated by love or positive reinforcement. Salespeople often thrive on incentives and rewards, making love and positive reinforcement effective motivators. Top executives at a media conglomerate may be driven by a combination of both fear and love, as they face high-pressure environments where fear of failure can drive performance, while love for the industry and passion for their work can provide intrinsic motivation.

If most adults operate at a conventional level of moral development, it suggests that their moral decision-making is primarily influenced by societal norms and expectations. This conventional level of moral development may limit their potential for moral leadership, as they may prioritize conformity and following established rules rather than challenging the status quo or making ethically complex decisions. However, it is important to note that moral development is not fixed, and individuals can progress to higher levels of moral reasoning through experience and reflection. With the right guidance and opportunities for growth, individuals at a conventional level of moral development can develop their moral leadership capabilities and contribute to positive change within their organizations and society.

The best source of motivation varies from person to person. Some individuals may find fear to be a powerful motivator, as it can push them to take action to avoid negative consequences or failure. Others may respond better to love and positive reinforcement, as it fosters a sense of appreciation and intrinsic motivation. In the context of salespeople, who often work in competitive environments, a combination of both fear and love can be effective. Fear of not meeting targets or losing out on incentives can drive salespeople to perform, while love for the product, company, or the satisfaction of closing deals can provide intrinsic motivation.

For top executives at a media conglomerate, the motivation factors may also vary. These individuals often face high-pressure situations and complex decision-making processes. Fear of failure or losing market share can be a driving force, as the consequences of poor decisions can be significant. At the same time, love for the industry, passion for creativity and innovation, and the desire to make a lasting impact can be powerful motivators for top executives. Balancing both fear and love can help drive their performance and decision-making.

Most adults operating at a conventional level of moral development means that their moral decision-making is guided primarily by societal norms and rules. At this level, individuals tend to value conformity and maintaining social order. While this level of moral development may limit their potential for moral leadership, it is important to note that moral development is not fixed and can progress over time.

For adults at a conventional level of moral development, their potential for moral leadership may be influenced by their willingness to challenge existing norms, broaden their perspectives, and develop a deeper understanding of ethical principles. Providing opportunities for growth, fostering ethical discussions, and promoting self-reflection can help individuals at this level enhance their moral reasoning abilities and elevate their potential for moral leadership. By encouraging critical thinking, empathy, and the exploration of diverse perspectives, individuals at a conventional level of moral development can expand their moral decision-making capabilities and contribute to ethical leadership within their organizations and beyond.

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the deltona instrument company has 9 percent coupon bonds on the market with 6 years left to maturity. the bonds make annual payments. if the bond currently sells for $974.60, what is its ytm? group of answer choices 8.90 percent 8.98 percent 8.82 percent 9.58 percent 9.63 percent

Answers

We can calculate r using trial and error or a financial tool and discover that the yield to maturity is roughly 8.98 percent. Therefore, (B) 8.98% is the right response.

To calculate the yield to maturity (YTM) of the Deltona Instrument Company's 9 percent coupon bonds, we can use the following formula:

\(\begin{equation*}P = \frac{C/r}{\left[1-1/(1+r)^n\right]} + \frac{F}{(1+r)^n}\end{equation*}\)

Where:

P = bond price

C = annual coupon payment

r = YTM

n = number of years to maturity

F = face value of the bond

In this case, we know that the bond has a coupon rate of 9%, a face value of $1,000, and 6 years left to maturity. The bond makes annual payments and is currently selling for $974.60.

Substituting these values into the formula, we get:

\(\begin{equation*}974.60 = \frac{90/r}{\left[1-1/(1+r)^6\right]} + \frac{1,000}{(1+r)^6}\end{equation*}\)

Using trial and error or a financial calculator, we can solve for r and find that the YTM is approximately 8.98 percent. Therefore, the correct answer is (B) 8.98 percent.

It is important to note that the YTM is the rate of return an investor would receive if they held the bond until maturity and reinvested all coupon payments at the YTM.

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Complete question:

The Deltona instrument company has 9 percent coupon bonds on the market with 6 years left to maturity. the bonds make annual payments. if the bond currently sells for $974.60, what is its ytm? group of answer choices

A - 8.90 percent

B - 8.98 percent

C - 8.82 percent

D - 9.58 percent

E - 9.63 percent

In markets both parties are better off when they engage in voluntary, non-fraudulent exchange. What is the role of government in promoting such exchange?.

Answers

The government plays a crucial role in promoting voluntary, non-fraudulent exchange in markets.

The government's role in promoting voluntary, non-fraudulent exchange is primarily centered around creating and enforcing regulations, laws, and institutions that ensure fair and transparent market practices. Firstly, the government establishes laws and regulations that protect property rights, enforce contracts, and prevent fraudulent activities such as false advertising and deceptive practices.

These legal frameworks provide a sense of security and confidence for individuals and businesses to engage in transactions without the fear of being cheated or harmed.

Additionally, the government promotes market exchange by ensuring competition and preventing monopolistic practices. Through antitrust laws and regulations, the government aims to maintain a level playing field by prohibiting anti-competitive behavior, such as price fixing and collusion, which can hinder fair exchange and harm consumer welfare.

By promoting competition, the government encourages market participants to offer better quality products, competitive prices, and improved services, ultimately benefiting consumers.

Furthermore, the government often establishes regulatory agencies and bodies to oversee specific industries or sectors, ensuring compliance with safety standards, consumer protection, and fair trade practices.

These agencies monitor market activities, investigate complaints, and enforce penalties for violations, further fostering an environment conducive to voluntary and non-fraudulent exchange.

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which of the following is an example of the free rider (or collective action) problem?
a• a political action committee contributing to candidates from both major political parties
b.• an elected official relying on information from lobbyists
c.• an environmentalist deciding not to join an environmental group but appreciating the group's environmental stewardship
d• an environmental group disagreeing on what policy goals to pursue

Answers

Option C is an example of the free rider problem. The free rider problem occurs when individuals benefit from a public good or service without contributing to its production or maintenance.

In this case, the environmentalist is benefiting from the environmental group's efforts to promote environmental stewardship, but is not contributing to the group's activities by joining or supporting it. This puts the burden of producing the public good solely on the members who are contributing, leading to potential inefficiencies and underfunding of the group's activities. Options A and B do not necessarily involve free riding, as political action committees and elected officials have their own motivations for their actions. Option D is an example of a different issue, which is disagreement within a group on policy goals. Overall, the free rider problem is a common challenge in collective action situations and requires strategies to encourage participation and contributions from all individuals benefiting from the public good.

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The graph presents a production possibilities curve, or frontier, PPF for the nation of New Carnitas. Each point on this curve represents a combination of steak and potatoes that this country can produce given its resources and technology. Based on the information in the graph, place the points as indicated.
Point A is an attainable and efficient combination of steak and potatoes.

Point B is consistent with the full employment of available resources.

Between points C and D, the opportunity cost of 1 pound of steak is 2 pounds of potatoes.

Between points E and F, the opportunity cost of 1 pound of potatoes is 3 pounds of steak.

Point G represents an unattainable combination of steak and potatoes.

Point H represents an inefficient use of New Carnitas's resources.

Answers

Given that the graph is not shown here these are the basic points in a production possibility curve.

The attainable point in a production possibility curve

This is the point that lies on the curve of the PPC. This point can be produced by the resources that are available at the moment.

The full employment of resources on the PPC

This is the point that has all the resources in the economy being used in the production of goods and resources.

The unattainable point in a PPC

The unattainable point in the curve is the point that is outside of the curve. At this point the resources available cannot be used for production.

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Which elements of retail strategy would be most important for a company that has just decided to construct a brick-and-mortar storefront

Answers

The elements of retail strategy which would be most important for a company that has just decided to construct a brick-and-mortar storefront is the:

Place

According to the given question, we are asked to state the elements of retail strategy which would be most important for a company that has just decided to construct a brick-and-mortar storefront.

As a result of this, we can see that the retail strategy which is the most important for the company is to make use of Place because the brick and mortar storefront has to do with the physical presence of a business and would be important for visibility of the store.

Therefore, the correct answer is Price

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what effect might the government have on oligopolies? in oligopolies, the government might

A. impose barriers to entry with a copyright, which allows only the government to supply a good or service.

B. promote competition by allowing large firms to lobby state legislators and members of Congress for favorable laws.

C. impose barriers to entry with occupational licensing, where a license is required to provide a good or service.

D. promote competition with a patent, which grants exclusive rights to produce a good.

E. impose barriers to entry with a free-trade agreement with another country to promote competition.

Answers

In oligopolies, the government might impose barriers to entry with a free-trade agreement with another country to promote competition.

A market structure known as an oligopoly has a limited number of enterprises, none of which can prevent the others from having a large impact. Market share held by the largest companies is gauged by the concentration ratio. The maximum number of businesses in an oligopoly is unknown, but it must be low enough such that each firm's activities have a major impact on the others.

Laws prohibiting collusion and price-fixing are occasionally used by governments as a response to oligopolies. Alternatively, oligopolies in mixed economies frequently seek out and fight for favorable government policies in order to function under the oversight or even close supervision of governmental bodies.

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Describe ways to prepare for the future, including your career success and job security?

Answers

Making sure you know what you would like to major in/what job would suit you best. Spend money wisely. Make time for things. In job security, make sure it’s something you enjoy or have very much knowledge on.

Lopez Corporation, a manufacturer of household paints, is preparing annual financial statements at December 31, 2007. Because of a recently proven health hazard in one of its paints, the government has clearly indicated its intention of having Lopez recall all cans of this paint sold in the last six months. The management of Lopez estimates that this recall would cost $800,000.

Requried:
What accounting recognition, if any, should be accorded this situation?

Answers

The accounting recognition to be accorded in this situation is operating expense of $800,000 and liability of $800,000.

Basically, an accounting recognition refers to the act of recording a business transaction in the firm's accounting records.

Because the management of Lopez estimates that this recall of all cans of paint sold in the last six months would cost $800,000, then, the entry will be as follows

In conclusion, the accounting recognition to be accorded in this situation is operating expense of $800,000 and liability of $800,000

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"How do you access the Expression Builder to add a calculated field to a report? in the Report Wizard in the Format tab through Control Source in the Property Sheet through the Group & Sort function in Design tab through the Design View dialog box under Controls​

Answers

B through control source in the property sheet

Answer: absnaja

Explanation: ekaksjen

A company has filed a registration statement with the SEC that uses a method that is only available to seasoned issuers. This registration statement is good for:

Answers

A company that filed a registration statement with the SEC, which uses method that is only available to seasoned issuers is valid for 3 years.

What is securities and exchange commission (SEC)?

Securities and exchange commission refers to a government agency that is responsible for enforcing laws at the federal level inorder to protect Americas who deals in securities market.

This government agency protects:

Investors, Provides dataRegulates the marketFacilitate capital formation.

Hence, a company who filed a registration statement with the SEC that uses a method that is only available to seasoned issuers. This registration statement is good for 3 years

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answer quickly pls: it is an accounting question:

answer quickly pls: it is an accounting question:

Answers

Answer:

$3,500

Explanation:

Profit is calculated by subtracting expenses for revenue.

In the case,

Revenues are

fees from client   $20,000

Rent received   $ 8,000

total revenue   $28,000

expenses

insurance       $8,000

advertising       $3,000

loan interest   $ 12,000

motor expense      $1,500

    $24,500

profit = $28,000 -  $24,500

profits =$3,500

Which of the following is true of small business owners?
A. the work business owners do requires little physical stamina.
B. the business owner starts with a business plan.
C. the business owner need to know little about management and finance. D. it's easy for most business owners to find a marketable idea.

Answers

Answer:

B

Explanation:

I mean, hopefully, they made a business plan lol. If you don't plan out your business right, you'll have a hard time making it become successful without a good plan.

normative statements involve value judgement is these statemen true or false?

Answers

Answer:

A normative statement is one that makes a value judgment. Such a judgment is the opinion of the speaker; no one can prove that the statement is or is not correct

Explanation:

what is business and what is occupation​

Answers

Answer:

Business:

A person's regular occupation, profession, or trade.

Occupation:

A job or profession.

Explanation:

I looked them up in a dictionary.

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What makes sure that the aesthetic and functional aspects of the button work in the context of the rest of the product

Answers

Answer:

User experience design

Explanation:

“User Experience Design (UXD or UED) is a design process whose sole objective is to design a system that offers a great experience to its users. Thus UXD embraces the theories of a number of disciplines such as user interface design, usability, accessibility, information architecture, and Human Computer Interaction.

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Light with a wavelength of 5.0 10-7 m strikes a surface that requires 2.0 EV to eject an electron. Calculate the energy, in electron volts, of one incident photon._____ eV6.9 x 10 -302.52.5 x 10 -306.2 x 10 -13 15 pointsDescribe government in Sparta. what structure is formed by the invagination of the larynx into the anterior wall of the laryngopharynx? Suppose that you are a speculator that anticipates an appreciation of the Singapore dollar (S$). You purchase a call option contract on Singapore dollars. Each contract represents S$40,000, with a strike price of $0.69 and call option premium of $0.03 per unit. Suppose that the spot price of the Singapore dollar is $0.70 just before the expiration of the call option contract. At this time, you call the contract and immediately sell the Singapore dollars to a bank at the current spot price.Fill in the following table from your (the buyer's) perspective.Transaction Per Unit Per ContractSelling price of $0.92 _________- Purchase Price of 5$ -$0.86 _________- Premium Paid for Option -$0.02 _________Net profit _________ _________ can someone help me please and thanks . please help ill give brainliest Is something wrong in this diagram? Answer it Pls Which expression does the graphic represent? 8 positive tiles. 1 tile is crossed out. 7 minus 1 7 minus (negative 1) 8 minus 1 8 minus (negative 1) An octagon has a side length of 18 feet and an area of 806.4 ft^2. Find the area of a smaller octagon that has a side length of 15 ft Please help what does A equal Which one of the following is not included in the Service Triangle? Service encounter The customer Employees The service strategy Support systems According to the service-system design matrix, the degree of customer/server contact is for a reactive system. medium low high A fast food company such as Burger King is most likely to use which one of the following approaches to service design? The personal-attention approach The self-service approach The production-line approach A company is said to be fully vertically integrated if it performs all activities from the design to the fabrication of parts in-house. True False Project M and project N have the same number of activities ( 650 activities each). Project M has 4 critical paths and project N has 33 critical paths through the network. As a result, project N has several more activities in the critical paths than that of project M. Which project will most likely be easier to manage (i.e., completing the project on-time by the due date) for the project manager? Project M Project N The area of a square is 9ft find the area of a square with 4 times as large With Java, use user input to set values for Height and width,and then print a box of *s with said values.ExampleEnter height:3Enter width:4Output:************ According to Romeo's best friend Mercutio, who is Queen Mab, and what does she do?She is an ancient queen of England.She is a fairy queen who plants dreams in our heads and messes up our hair while we sleepShe is Romeo's aunt who wants him to find true love.She is a mythic queen who is said to bring disaster to all she encounters. Hoshi walks 10 meters in 3 seconds. She walks the same at this rate for 50 seconds. How far does she walk? Pedigree: Amoeba sisters ( please help asap)The Roman Numerals represent _____________._____________ ______________ ______________, if present, will lead to the expression of dominant traits. Recessive alleles only are expressed if dominant alleles are not ______________. If global warming increases average temperatures on Earth by 4C in this century, predict which biome is most likely to replace tundra in some locations as a result. Explain your answer. In what ways Greek slave trade similar to Transatlantic slave trade and in what ways are they different? An airplane travels at a speed of 582 miles per hour to reach its destination in 4 hours. Determine the duration of the flight, if the airplane travels at a speed of 388 miles per hour. where are mucosal associated lymphoid tissues present in the human body and why