Henslin found that when many students graduate from college, they are able to earn an extra $1,540 a month between the ages of 26 and 65.
These students earn this bonus by obtaining higher-paying jobs that require a college degree. A college degree opens up opportunities for individuals to access higher-paying professions and positions. With their advanced education and specialized knowledge, college graduates are often eligible for jobs that offer higher salaries and career growth potential. Employers typically value the skills and qualifications that come with a college degree, which can lead to increased earning potential over time. By investing in their education and obtaining a college degree, students can position themselves for higher-paying careers and enjoy the financial benefits that come with it.
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a company decided to price its product with the penetration strategy. what advantage does the company potentially create by selecting this type of pricing strategy?
With penetration strategy, the advantage the company potentially create is Due to the goodwill developed among inventors and early adopters, it can build demand through word-of-mouth advertising.
What is meant by Penetration strategy?The idea of a penetration strategy is to work aggressively to significantly increase one's share of total sales in a market. A business may often make things or purchase goods at a reduced cost as a result of the increasing sales volume, which allows it to raise its profit margin.
The promotions for introductory low prices for select fresh items that you frequently notice when you enter a supermarket are the ideal instances of penetration pricing. In order to boost demand for the organic goods they sell, Costco and Kroger use penetration pricing.
A market penetration strategy is essentially a method of introducing a new product into an established market (where existing or similar products already exist) (from your company or organization).
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a broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. what additional information does the broker need to include?
Since the broker already add the brokerage's name, location, and phone number on the website to advertise the broker's office; then no need for any additional disclosures. The correct answer is option D.
What is a broker?A broker is an individual or firm that acts as an intermediary between a buyer and a seller; or between an investor and a securities exchange, who buys and sells goods or assets for others. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.
There are 3 types of brokers, those are: Online brokers, a new form of digital investment which interacts with the customer on the internet; Discount brokers, a stockbroker who performs buy and sell orders at a reduced commission rate; and Full-service brokers.
Although part of your question is missing, you might be referring to this full question: A broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. What additional information does the broker need to include?
A. Name and address of the home office and the states in which the brokerage holds licenses
B. License number of the brokerage and list of current active licensees
C. Names of active licensees, addresses, and phone numbers
D. No need for any additional disclosures
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At Frank's company, the strength of the organizational structure is that the results are based on
the effectiveness of the managers, but its main weakness is costs can be increased due to a
decrease in efficiency. This is an example of which structure?
Osimple
O functional
O divisional
O matrix
Answer:
divisional
Explanation:
-A simple structure s a structure in which there is little specialization and there is a central authority that controls everything and has the power.
-Functional structure is a structure in which a company is divided in groups according to specialized activities. Because of this specialization, companies with this structure can increase productivity but the communication is rigid and the cooperation between departments is difficult.
-Divisional structure is a structure in which there are different divisions and each one concentrates on a specific product or service and has all the functions and resources for that. This structure can create inefficiencies because the specialized functions are separated but the results of one division don't affect the other ones.
-Matrix structure is a structure in which employees report to more than one manager and it is used in companies that have different lines to have more flexibility and increase productivity.
According to this information and the statement, the answer is that this is an example of divisional stucture because in this structure each division has its own resources and specialized functions and because of that the results are based on the effectiveness of the managers but as each division has its own specialized functions, this creates inefficiencies.
3) What is the present value of $1000, received at the end of 4 years of investment, with a discount rate of 4%?
Answer:
$854.81
Explanation:
The formula for calculating the present value is as below
PV = FV/( 1 + r)^n
Where Fv =1000
r = 4% or 0.04
n= 6
PV = $1000/ (1 + 4/100)^4
PV=$1000/(1 + 0.04)^4
PV=$1000/1.16985
PV =$854.81
.
Answer:
3629.9
Explanation:
I just did the test and thats what it told me the correct answer was.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Norm and his creative team need to present an idea for marketing a new detergent to the head of their advertising agency. Diane, a member of the team, always resented Norm’s promotion to team leader. She objects to every idea Norm suggests and spends the entire meeting selling her approach. Diane hopes that this will be a chance to show her skills to the head of the agency. This is known as
Answer: goal displacement
Explanation:
Goal displacement is when individuals or organizations substitute alternate goals for the original goals that they were meant to accomplish.
In this case, we are told that Norm and his creative team need to present an idea for marketing a new detergent to the head of their advertising agency but that Diane, a member of the team, always resented Norm’s promotion to team leader and always objects to every idea Norm suggests and spends the entire meeting selling her approach. Diane is using goal displacement here as she has another goal rather than the goal of the team which they've agreed on.
A person completes her federal 1040EZ form and sees that she paid total quarterly estimated taxes of $12,000. But the calculations show that she should have paid only $9,500 in taxes. What will happen if she sends the IRS this completed form with the necessary supporting documents
What will happen if she sends the IRS this completed form with the necessary supporting documents is: They will receive a federal tax refund of $2,500.
What is 1040EZ form?1040EZ form is a form which a tax payable is expected to fill but this form is less complex compare to 1040 form as only few important details of the taxpayer is expected to be fill out in the form.
Hence what will happen if she sends the IRS the completed form is:
Federal tax refund=Total quarterly estimated form-Tax amount
Federal tax refund=$12,000-$9,500
Federal tax refund=$2,500
Therefore they will receive a federal tax refund of $2,500.
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The fact that a bank's assets tend to be long-term while its liabilities are short-term creates:
a. interest-rate risk.
b. credit risk.
c. lower risk for the bank, this is why they follow this strategy.
d. trading risk.
a. interest-rate risk. Bank's assets tend to be long-term while its liabilities are short-term creates.
What is assets?Assets are tangible or intangible resources that a person or business owns. Assets can be short-term or long-term investments and can be used to generate income or increase value. Examples of assets include cash, real estate, investments, inventory, equipment, vehicles, and intellectual property. They can be classified as current assets or non-current assets depending on their expected lifespan. Current assets are those that are expected to be realized within one year, while non-current assets are those that are expected to be owned for more than one year. Assets are important for businesses because they are used to generate revenue, pay expenses, and increase shareholder value. Additionally, assets provide liquidity, which allows businesses to generate cash flow and make investments.
Therefore the correct answer is A.
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
Rashida purchased a machine for $5600. She sold it six years later for $500. At that date, the
provision for depreciation had a credit balance of $5040.
What entry was made in the income statement?
A credit $60
B debit $60
C credit $560
D debit $560
The entry made in the income statement in this scenario would be a debit of $560. So, the correct answer is D debit $560.
The provision for depreciation represents the accumulated depreciation of the machine over the six-year period. Since the provision had a credit balance of $5040 at the time of sale, it means that the total depreciation expense recognized over the six years was $5040.
To calculate the depreciation expense per year, we divide the total accumulated depreciation by the number of years (6). So, the annual depreciation expense is $5040/6 = $840.
When Rashida sold the machine for $500, it implies that the machine's carrying value or book value was reduced to $500. To account for this loss on disposal, the income statement entry will be a debit to Depreciation Expense for the remaining balance of the machine's book value, which is $840 - $500 = $340.
However, since the question asks for the specific entry made in the income statement, the amount to be debited will be the difference between the machine's original cost and its book value at the time of sale, which is $5600 - $500 = $5100.
Hence, the entry in the income statement will be a debit of $5600 - $500 = $5100. So, the correct answer is D debit $560.
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Impact of natural disasters on South Africa’s economic growth performance for 2020 in comparison with 2023
Natural disasters can have a significant impact on economic growth, both in the short term and the long term.
How can we prevent natural disasters?As a result, cutting back on pollution is the first step in mitigating potential natural disasters. States must also become more resilient by planning ahead and getting ready to deal with dangers associated with the climate, from implementing conservation and restoration measures to enhancing infrastructure.
In the short term, natural disasters such as floods, droughts, or storms can disrupt economic activity, damage infrastructure, and cause loss of life and property. This can lead to a decline in economic growth, as businesses are forced to suspend operations, and the government is required to divert resources toward relief efforts.
In the long term, natural disasters can also have lasting effects on the economy, particularly if they cause significant damage to infrastructure or disrupt critical industries.
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Which is a characteristic of judging approach
Answer:
Clarity and Closure
Explanation
Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.
Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.
Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.
how is a jingle different from a slogan
Answer:
A jingle is a short tune or phrase that is used to advertise a product or service. It is usually catchy, memorable and includes the product’s name or message. A slogan is a short, memorable phrase that is associated with a product or service. It is used to create an image in the public’s mind of what the product or service is about and is designed to create an emotional connection with the customer.
Explanation:
Answer:
Slogans are often shorter than jingles and do not have a melody.
Explanation:
What were jingles and slogans used for?
Jingles are an element of branding – Just as a brand's logo or tagline are a way to identify a brand with your eyes and ears, jingles are a uniquely identifiable audio clip that draws on consumers' hearing senses to identify your brand.
Consumers tend to purchase a good at a lower than at a higher price. Why (state any assumptions made)? Do consumers always behave this way? Explain your response.
According to the law of demand, the price of a good is negatively related to the quantity demanded all other things remaining equal.
Consumers do not always buy good at a lower price than at a higher price.
What is the law of demand?According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. there is an inverse relationship between price and quantity demanded.
Consumers do not always buy goods at a lower price than a higher price. For example, for luxury goods, consumers would prefer to buy it at a higher price than at a lower price. This is because luxury goods are used to show wealth. If the price of a good that is considered to be used solely be wealthy people declines, some rich people would not want to purchase the goods again because it is now affordable by the masses.
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If someone owes you $100 right now, but they don't pay you for a year, you have lost the opportunity to collect _______________on that money.
Answer:
Interest
Explanation:
Opportunity cost of the money is the Interest that could have been earned on that money has the borrower saved it in the bank. Thus, the missing word here is Interest.
A questionnaire on the negative impact of the coronavirus as one of the socio economic issues of the business
Answer:
From my understanding,I don't think so
Explanation:
because of the coronavirus from where I'm living those that are selling face mask and hand sanitizer are benefiting more from it than others
The value-percept theory utilizes three critical psychological states to measure job satisfaction. Indicate whether this statement is true or false.
The statement is true. The value-percept theory of job satisfaction, developed by Timothy A. Judge and colleagues, posits that there are five critical job facets that influence overall job satisfaction: pay satisfaction, promotion satisfaction, coworker satisfaction, supervision satisfaction, and satisfaction with the work itself. These facets are considered to be value-based perceptions that individuals form regarding their jobs.
The statement is true. The value-percept theory, also known as the Job Characteristics Model, does indeed utilize three critical psychological states to measure job satisfaction. These states are:
Meaningfulness of Work: This refers to the extent to which individuals perceive their work as meaningful and significant. It is influenced by factors such as the importance of the work and the impact it has on others.
Responsibility for Outcomes: This state relates to the degree of autonomy and control individuals have over their work and the outcomes they produce. It encompasses factors such as decision-making authority and the ability to influence results.
Knowledge of Results: This state pertains to the feedback individuals receive about their performance and the extent to which they are aware of the outcomes of their efforts. It involves elements like performance feedback and the clarity of information regarding job performance.
By assessing these three psychological states, the value-percept theory aims to understand and predict an individual's job satisfaction.
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What actions can people take to reduce hunger in local and global settings? Explain in details pls
Answer:
Kindly check explanation
Explanation:
Hunger often stems from poverty, Famine, inflation, war and so on. However, factors which often has a direct impact on food and coukd lead to hunger include poverty and Famine. To reduce or forestall this problem on a local and global scale, necessary steps which should be taken are those which tends to address the issue of food security. Which includes the empowerment of farmers and good funding and monitoring of the agricultural sector. Through this food cultivation could be done on a multi dimensional scale by providing support in terms of machinery, low interest loans in otter to enable farmers and other related stakeholders get access to the needs d capital for the development of their agricultural business. Also, good road network for easy transportation of farm produce. Alternative methods of watering such as irrigation farming should be upgraded as this could prove vital during periods of Rainfall shortage. The distribition of foods including adequate regularozation of prices is also key in other to prevent artificial inflation or scarcity in a bid to accrue higher profit.
Suppose that, before filing for bankruptcy, Stephen had been involved in an automobile accident. The attending officers determined that Stephen's blood-alcohol level was above the legal limit. An injured passenger in the other car sued Stephen and won a settlement. Further suppose that Stephen, as part of his Chapter 13 bankruptcy, attempted to discharge the car-accident settlement in addition to attempting to discharge his obligation for his children's college expenses. Would he be successful?
Answer:
No, because in bankruptcy repayment plans, certain debts are not dischargeable, including those related to injury or property damage caused while driving drunk.
Explanation:
Dischargeable debts are defined as amounts owed that can be wiped out by one's bankruptcy discharge.
Once the bankruptcy discharge is issued, creditors in such cases can no longer collect on the debts
An example of dischargeable debts is credit card debt and medical bills
In this scenario however where Stephen had been involved in an automobile accident and attending officers determined that Stephen's blood-alcohol level was above the legal limit.
Any debt in relation to the injured party cannot be discharged through bankruptcy
which two types of ads are placed in the middle of magazine pages and surrounded by editorial matter?
Junior units and island halves are placed in the middle of magazine pages and surrounded by editorial matter
Advertising sometimes referred to as an advert or ad, is typically seen as a form of public discourse that supports a good, service, organization, or event. Some others consider the concept to be far broader than that, including any sort of sponsored advertisement intended to inform or influence.
A strong marketing technique, advertising can help you draw in people, educate them about your goods, and gain their trust. Most businesses employ some form of advertising to help them market their goods and services.
Advertising is a form of promotional activity that targets a specific audience in an effort to increase interest, engagement, and sales for a good or service. It aims to influence customers to purchase that in a particular manner.
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One benefit of a savings account is that you can earn interest on your deposits
O True
O False
Answer:
O True
Explanation:
A savings account offers a safe and secure platform for firms and households to save money. Savings accounts are offered by financial institutions such as banks and credit unions. When customers open savings accounts, they save by depositing money in their savings accounts.
Banks and credit unions require customer deposits to create loans for other customers. They encourage customers to save by offering interest on savings or deposits. It is true that banks pay interest on customer savings.
Which one of these statements is correct concerning the time value of money?
a. Decreasing the PV decreases the FV.
b. Increasing the initial cost of a project increases the project's NPV
c. Increasing the discount rate, increases the PV of a project.
d. Increasing the FV decreases the PV
Answer:
Explanation:
Option a) decreasing the PV decreases the FV is correct.
The time value of money (TVM) is the concept that a sum total of money is worth more now than the same sum will be at a future date due to its earnings potential in the interim.
The time value of money is a core principle of finance. A sum of money in the hand has higher value than the same sum to be paid in the future. The time value of money is also represented to as the present discounted value.
The time value of money means that a sum of money is worth more now than the same valuation of money in the future.
The principle of the time value of money means that it can grow only through investing so a delayed investment is a lost opportunity. The formula for computing the time value of money determines the amount of money, its future value, the amount it can earn, and the time frame.
For savings accounts, the number of compounding periods is an important determinant as well. Inflation has a negative result on the time value of money because your purchasing power reduces as prices rise.
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withdrawn rs 1000 on a permanent basis out of capital.
Answer:
withdraw a/c...........Dr 1000
To cash a/c 1000
Explanation:
briefly explain why externalities do or do not occur in each
market structure:
Planned economy
Market economy
Indigenous (ahupua'a) economy
Externalities can occur in all market structures, including planned economies, market economies, and indigenous (ahupua'a) economies, although their nature and extent may vary.
Planned Economy:
In a planned economy, the government controls the allocation of resources and production decisions. Externalities may still arise in this system, primarily due to the lack of market prices and the central authority's inability to account for all social costs and benefits.
Market Economy:
In a market economy, resources are allocated based on supply and demand dynamics through voluntary transactions between buyers and sellers. Externalities are more likely to occur in this system due to the decentralized nature of decision-making.
Indigenous (Ahupua'a) Economy:
The indigenous (ahupua'a) economy refers to traditional economic systems found in Native Hawaiian and other indigenous cultures. These economies are typically based on a holistic approach that emphasizes sustainability and community well-being.
Overall, the occurrence and magnitude of externalities can vary across different market structures, influenced by factors such as governance, decision-making processes, and cultural values.
However, the presence of externalities highlights the importance of considering broader social and environmental impacts when making economic decisions, regardless of the market structure in place.
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Reasons for unemployment?
Answer:
1.Slow Economic Growth
2.An Increase in Population
3. Slow Growth of Industrialisation
The reasons for unemployment include:
A recession: when there is a recession, the level of output in the economy is low. As a result, there would be less jobs available. low level of wages. When the wages paid to labor is too low, it might discourage people from working. war. When there is a war, economic activities would be disrupted. This would lead to job loss. What is unemployment?Unemployment is when people who are willing and able to get are job are without jobs. Types of unemployment include:
Frictional unemploymentVoluntary unemploymentStructural unemploymentCyclical unemploymentWhen there is a recession, the level of output would be depressed. As a result, unemployment would increase.
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If you were to apply for an administrative personnel position, what might you explain about yourself so that you sound qualified for the job?
“I am good at coming up with meal plans for the office.”
“I am good at filing and organizing paperwork.”
“I am good at replacing light bulbs when they burn out.”
Answer:
b
Explanation:
1.
For complex business product with known number of customers, the
most effective promotion mix should be:
a. personal selling
b. advertising
c. couponing
d. public relations
The most effective promotion mix for a complex business product with a known number of customers depends on various factors and there is no single answer.
What factors should be considered when determining the most effective promotion mix for a complex business product with a known number of customers?For a complex business product with a known number of customers, the most effective promotion mix may vary depending on factors such as the nature of the product, target audience, market conditions, and specific goals of the marketing campaign.
Each promotional method listed (personal selling, advertising, couponing, public relations) has its own strengths and weaknesses, and the optimal mix would depend on the specific context.
Personal selling involves direct interaction with potential customers and can be effective for building relationships, addressing specific customer needs, and providing detailed product information.
Advertising, on the other hand, reaches a broader audience through various channels such as TV, radio, print media, and online platforms.
It can create awareness, generate interest, and convey key messages about the product. Couponing offers discounts or incentives to customers, which can encourage trial and repeat purchases.
Public relations activities aim to manage the company's image, build credibility, and generate positive publicity through media relations, events, and other communication efforts.
Determining the most effective promotion mix would require considering factors such as the target market's preferences, budget constraints, competitive landscape, and the desired marketing objectives.
It is often beneficial to adopt an integrated approach that combines different promotional methods to maximize the impact and reach of the marketing campaign.
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Next O Cover Letters and Résumés: Mastery Test
1
Select the correct answer.
Josita is preparing a résumé for a job teaching graphic design at a high school. She wants to list the software programs she has learned. In what
section of her résumé should Josita include these programs?
OA honors
OB. activities
OC. skills
OD. experience
Reset
Submit Test
Next
If Josita is preparing a résumé for a job teaching graphic design at a high school. She wants to list the software programs she has learned. The section of her résumé that Josita should include these programs is: C. skills.
What is skills?Skills can be defined as the ability a person or an individual possess when it comes to performing or carrying out tasks. A person can tend to possess inbuilt Skills or acquired skills they known will be of important to them.
Based on the scenario the software programs was the skills that Josita acquired because she learned it, the software program should be included as part of the skills she possess in her resume as this will enables are employer to know the skills she possess.
Therefore If Josita is preparing a résumé for a job teaching graphic design at a high school. She wants to list the software programs she has learned. The section of her résumé that Josita should include these programs is: C. skills.
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diversification refers to the question content area bottom part 1 a. difference between the liquidity of an asset and its risk. b. difficulty of selling common stocks in a weak market. c. splitting of wealth into many assets. d. difficulty of converting investments in common stocks into investments in bonds.
A company's liquidity is its capacity to pay its short-term obligations or liabilities by converting assets into cash or acquiring cash through a loan or bank deposit.
Difference between an asset's risk and its liquidity.
If you had to pay off what you owe now, how much cash and how quickly could your business get. An asset is anything that a person or business can use to make money. However, assets that can be quickly, safely, and easily exchanged for legal tender are referred to as liquid assets. Examples of liquid assets include your stocks, accounts receivable, and inventory, all of which can be quickly converted into hard cash. Due to its ease of use, cash is regarded as the most liquid asset. Cash can come from checking or savings account balances, coins, or paper money.
Cash is extremely useful for meeting immediate requirements and costs, such as daily spending, paying rent, and starting an emergency fund.
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Elroy Corporation repurchased 2,600 shares of its own stock for $45 per share. The stock has a par of $10 per share. A month later, Elroy resold 650 shares of the treasury stock for $53 per share. Required a. Record the two events in general journal format. b. What is the balance of the treasury stock account after these transactions?
The balance of the treasury stock account will be $84,550 is $84,550.
a. The two events can be recorded in general journal format as follows:
Credit1
Cost of Treasury Stock Accounts 117,000
Cash 117,0002
Cash 34,450
Treasury Stock Accounts 26,000
Gain on Sale of Treasury Stock Accounts 8,450
b. The balance of the treasury stock account after these transactions would be $84,550.The reason is as follows:The repurchase of 2,600 shares of Elroy Corporation's own stock has a par of $10 per share and is repurchased for $45 per share. As a result, the cost of the treasury stock account will be $117,000. Later, 650 shares of treasury stock are resold for $53 per share, generating a gain of $8,450 for the company.
The cash account will be debited for $34,450, which is the amount obtained from selling 650 shares of treasury stock at $53 per share. The treasury stock account will be credited for the cost of the shares, which is $26,000, while the gain on sale of treasury stock account will be credited for $8,450.The following is the journal entry:DebitCreditCash34,450
Treasury Stock26,000
Gain on Sale of Treasury Stock8,450
The balance of the treasury stock account will be $84,550 as follows:$117,000 - $26,000 = $91,000$91,000 + $8,450 = $99,450$117,000 - $99,450 = $84,550
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