How do different prices impact production in short and long run?

Answers

Answer 1

Answer:

In the short run, production is impacted by fixed factors and variables that affect production costs1. In contrast, in the long run, all factors of production and costs are variable, and firms can adjust all costs2. In the short run, changes in prices can lead to changes in production levels, but in the long run, firms can adjust their production levels to changes in prices2. The long-run movements in prices are more muted and quantity adjusts more easily because supply and demand are more elastic in the long run3. In the long run, if the demand for a product or service is high, the limited supply will cause the price to be high and remain high4

Answer 2
In the short run there are both fixed and variable cost. In the long run there are no fixed costs.

Related Questions

Suppose that aggregate demand increases such that the amount of real output demanded rises by $7 billion at each price level.

Answers

We can say that if aggregate demand increases such that the amount of real output demanded rises by $7 billion at each price level, it indicates a shift in the aggregate demand curve to the right. This shift can be illustrated in a graph, where the vertical axis represents the price level, and the horizontal axis represents the level of real output.

With the increase in aggregate demand, the economy can produce three possible outcomes. Firstly, if the economy is operating at full employment, the increase in aggregate demand can lead to inflationary pressures, causing the price level to rise without any increase in the level of real output. Secondly, if the economy has some idle resources, the increase in aggregate demand can lead to an increase in the level of real output without any significant rise in the price level.


In conclusion, an increase in aggregate demand by $7 billion at each price level can have different impacts on the economy, depending on its initial conditions. The three possible outcomes include inflation, increase in real output without a significant rise in price level, and an increase in both real output and employment levels.

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What days are BIM classes held?

Answers

Answer:

Classes take place on Mondays and Wednesdays from 4:00-6:00 pm EST, at The Plan Room located at 1815 W Broadway.

Have a Nice Day.

Ron gave a painting to the local art museum in the current year. The painting had a fair market value of $34,000. He paid $16,500 for it five months ago. The museum will display the painting among its collection. Based on the information provided in the case scenario for Ron and Sandy Peterson, what is Ron's charitable contribution deduction

Answers

Answer:

$16,500

Explanation:

He paid for it originally for $16500 and did not sell the painting to the museum.

In the conditions given above, it can be concluded that the charitable contribution deduction eligible to be claimed by Ron will be the actual payment made for the painting five months ago, i.e., $16,500.

What is the significance of charitable contribution deduction?

The deductions claimed under charitable contribution are such deductions that are eligible to be claimed by a taxable individual in case of contributions that such person makes to a charitable organization.

In case of a charitable contribution deduction, the market value or the actual payment, whichever is less, can be claimed as an amount of deduction. As a result, the fair value for deduction that can be claimed by Ron will be $16,500.

Therefore, the significance regarding charitable contribution deduction has been aforementioned.

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1.05 the market place economic

Answers

A market economy serves as an  economic system in which economic activities is been controlled by individuals.

What is market economy?

market economy serves as the economy that that gives country's individual citizens and businesses to be able to make decisions .

This decision could be  pricing of goods and services  which are been controlled  by the interactions of a country's individual citizens.

COMPLETE QUESTION:

Explain market place economy

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The end goal of budgeting is to plan and ____ organizational finances successfully?

A. justify
B. control
C.explain
D.increase

Answers

Answer:

B

Explanation:

Controlling is another organizational goal

There is not a deadline for the "T" part of the SMART goal-writing criteria.
2 points
True
False

Answers

True explanation is I know

Answer:

FALSE I know bc I just did it

Explanation:

How does forecast accuracy influence net operating profit?
Capital consumption
Tax Rates
Net Sales
Functional Costs
3,4
2,3,4

Answers

Forecast accuracy is a very important element that affects net operating profit. It is an essential aspect of every business to predict future market demands, sales, and costs to manage risks and take advantage of the opportunities.

A good forecast is a key to optimal resource allocation and profitability. Following are the factors that are influenced by the forecast accuracy in a business:1. Net Sales: The sales forecast is essential to ensure that the company has enough revenue to cover its operating expenses and make a profit.

Accurate forecasting enables the company to predict future demand and increase or decrease production accordingly.

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When both parties make a mistake as to the future market value of the object of their contract, the contract can be rescinded by either party.

Answers

False,A contract entered into under duress is voidable.

Mutual consent – If both parties agree that canceling the agreement is in their best interests, they can do it in writing.

Under What Circumstances can a Contract be Rescinded?

A judge must decide that there is a good grounds to void the contract in order to have it annulled. A contract between two parties cannot be canceled simply because the parties changed their minds because it is a legally binding arrangement. Mutual consent – If both parties agree that canceling the agreement is in their best interests, they can do it in writing.Problems with the contract's formation — A contract can only be made lawfully if a number of requirements are met. The contract may be terminated if any conditions, such as fraud or acquisition by coercion, existed at the time of its establishment.

Hence when both parties make a mistake as to the future market value of the object of their contract, the contract cannot be rescinded by either party.

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False, A contract entered into under duress is voidable.

Under What Circumstances can a Contract be Rescinded?

A judge must decide that there is a good grounds to void the contract in order to have it annulled. A contract between two parties cannot be canceled simply because the parties changed their minds because it is a legally binding arrangement. Mutual consent – If both parties agree that canceling the agreement is in their best interests, they can do it in writing. Problems with the contract's formation — A contract can only be made lawfully if a number of requirements are met. The contract may be terminated if any conditions, such as fraud or acquisition by coercion, existed at the time of its establishment.

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When a lessee makes periodic cash payments for an operating lease, which of the following accounts is increased?
a. Rent Expense
b. Leased Equipment
c. Capital Lease Obligation
d. Interest Expense

Answers

When a lessee makes periodic cash payments for an operating lease, the account that is increased is Rent Expense.

For an operating lease, the lessee makes periodic cash payments to the lessor as rent for using the leased asset. These cash payments are recorded as Rent Expense in the lessee's financial statements. Rent Expense represents the cost incurred by the lessee for using the leased asset during the lease period.

The other options mentioned in the question, Leased Equipment, Capital Lease Obligation, and Interest Expense, are related to different types of leases or financing arrangements. In an operating lease, the lessee does not record the leased asset (Leased Equipment) as an asset on its balance sheet. Similarly, Capital Lease Obligation and Interest Expense are associated with capital leases, which are different from operating leases.

Therefore, when a lessee makes periodic cash payments for an operating lease, the Rent Expense account is increased to reflect the cost of renting the asset during the lease period.

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A customer purchases stock for $40 per share and holds it for 1 year, selling it for $50 per share exactly 12 months after the date of purchase. Four quarterly qualifying dividends of $.50 were paid during the year. If the customer's tax bracket is 30%, what is the after-tax rate of return?

Answers

Answer:

24.75%

Explanation:

the customer will be taxed in two different rates:

long term capital gains = $50 - $40 = $10 per stock x (1 - 15%) = $8.50

interests are taxed as normal income = (4 x $0.50) x (1 - 30%) = $1.40

total after tax gains = $9.90

after tax rate of return = $9.90 / $40 = 0.2475 = 24.75%

In which market would a producer sell bicycles to consumers?

Answers

In the markets for goods and services, a producer would sell his bike for purchase by customers.

What is the market for goods and services?

Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.

The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.

The rule of supply and demand governs how much is produced and at what price in the market for products and services.

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What is a general rule for when firms will keep adding factors of production?

Answers

The general-rule for when firms keeps on adding factors of production is known as law of diminishing returns.

The law of diminishing returns states that, as a firm increases the quantity of one input (such as labor or capital) while keeping other inputs constant, the marginal-product of that input will eventually start to decline, resulting in diminishing returns.

The "law-of-diminishing-returns" suggests that there is an optimal level of input utilization beyond which adding more of that input will result in diminishing or decreasing returns in terms of output or productivity.

The Firms will generally keep adding factors of production up to the point where the marginal benefit of adding an additional unit of input equals the marginal cost, and beyond that point, it may not be economically efficient to continue adding more inputs as the additional output may not justify the cost of additional inputs.

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disclosing confidential information of a past employer to gain advantage at a new job is a violation of the standard of ethics?

Answers

Disclosing confidential information of a past employer to gain an advantage at a new job is a violation of the confidentiality standard of ethics.

What is ethics?

Ethics or moral philosophy is a branch of philosophy that "involves systematizing, defending, and recommending concepts of right and wrong behavior". The field of ethics, like aesthetics, is concerned with matters of value; together, these fields comprise the branch of philosophy known as axiology.

Furthermore, ethics investigates the rational basis for our moral judgments; it investigates what is morally right or wrong, just or unjust. In a broader sense, ethics considers human beings and their interactions with nature and other humans, as well as freedom, responsibility, and justice.

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Find an article dealing with an opinion poll on a local, state ,or national issue. Write a paragraph summary of when and how the poll was conducted, and what the results indicated.

Answers

Here is an article from CNN about a recent national opinion poll on the United States' response to the COVID-19 pandemic:

According to a CNN poll conducted in early February 2021, 69% of Americans approve of President Joe Biden's handling of the COVID-19 pandemic. The poll was conducted by SSRS, a research firm that specializes in survey research. The poll surveyed 1,004 adults across the United States and had a margin of error of plus or minus 3.7 percentage points. The poll also found that 60% of Americans believe that the worst of the pandemic is yet to come, despite the country's recent progress in vaccine distribution. Additionally, 93% of respondents said they have worn a mask in public in the past week, a sharp increase from similar polls conducted last year. The poll's results indicate that the majority of Americans are supportive of the current administration's efforts to combat the ongoing pandemic

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It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement

Answers

Answer:

I'm pretty sure the answer is d

Explanation:

Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.

Answer:

D

Explanation:

Someone who diversifies investments is more likely to

Answers

Answer:

offset their losses with gains.

Explanation:

Answer:

offset their losses with gains.

Explanation:

A car loan is taken for $22,000 to be paid back in 4 years, with monthly payments of $517. What nominal annual interest rate is being charged in this loan?A. 13.53%B. 5.09%C. 0.50%D. 6.00%

Answers

5.09% nominal annual interest rate is being charged in this loan. The correct option is B.

To calculate the nominal annual interest rate, we can use the formula for the monthly payment on a loan:

P = (r/12) * L / (1 - (1 + r/12)^(-12n))

Where P is the monthly payment, r is the nominal annual interest rate, L is the loan amount, and n is the number of years.

Plugging in the given values and solving for r, we get:

517 = (r/12) * 22000 / (1 - (1 + r/12)^(-12*4))

Solving for r, we get r = 0.0509, or 5.09%.

Therefore, the nominal annual interest rate on this loan is 5.09%.

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Question 5 of 10
Creating barriers to trade can lead to which problem?
A. Consumers will be more likely to buy luxury goods in foreign
markets
O B. Domestic businesses will face more competition from foreign
companies.
C. The country will become overly reliant on foreign countries.
OD. Other countries will retaliate by creating their own barriers to trade.

Answers

Creating barriers to trade can lead to Other countries will retaliate by creating their own barriers to trade problem.

What are the reasons of trade barriers?

Governments erect trade barriers to control foreign trade and safeguard domestic industries. Implementing trade barriers is done for a variety of reasons, including: 1. Protecting domestic industries: To shield their domestic industries from foreign competition, governments may impose trade barriers. Subsidies, quotas, or tariffs can all be used to achieve this. 2. National security: Trade restrictions may be put in place for the protection of the nation, such as by limiting the export of materials or sensitive technology that could be used for military purposes. 3. Environmental issues: To protect the environment, governments may impose trade restrictions on imports of products that do not adhere to certain environmental standards. 4. Anti-dumping measures: To stop businesses from flooding the market with their products at below-market prices, governments may impose tariffs or quotas.

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Question 1 of 10 If you make a plan to get a certain amount of a project done each day, what skill have you demonstrated? A. Time management B. Punctuality O C. Moral standards D. Integrity ​

Answers

Answer: A

Explanation: not sure, but i think its correct

Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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Pete is trying to get a loan. He has a credit score of 480. How is Pete’s lender likely to view this credit score?
Pete is responsible and will pay the loan back on time.
Pete is responsible but will not pay the loan back on time.
Pete is irresponsible but will pay the loan back on time.
Pete is irresponsible and will not pay the loan back on time.


im mad at brainly so ima mark the best answer brainiest

Answers

Answer:

Pete is irresponsible and will not pay the loan back on time

Explanation:

Credit scores range from 300 to 850. In general, borrowers are categorized according to their credit scores as below

 A score between    300- 629... bad

                                 630-689 ... fair

                                 680-719 ...good

                                 720- 850... excellent

Pete has a bad credit score as per the above classification. He surely has a bad history when it comes to repaying loans. Lenders will consider him a high-risk borrower likely to default on his loan repayment.

Answer:

The correct answer is D. Pete is irresponsible and will not pay the loan back on time

Explanation:

That is the most likely way Pete's lender will view his credit score

Hopefully this helps :3 sorry if wrong :( Plz mark brainiest if correct :D Your bootiful/handsome! Have a great day luv <3 (I know Im like almost a year later but yayyyyyyy- Hopefully you passed your quiz/test :D)

-Bee~

Kiran owns a T-shirt shop in a beach community. For many years, he owned the only T-shirt shop in the area. Recently, several other T-shirt shops have opened next to Kiran’s shop. What is likely to happen?

Answers

Answer:

most likely kiran is going to go out of business

Explanation:

so he has to step up his products and have something that makes his stuff look outstanding like ads and he might want to have someone with a lot of fame to represent his brand

Positioning devices shall be rigged such that an employee cannot free fall more than 6 feet true or false

Answers

The positioning devices shall be rigged such that an employee cannot free fall more than 6 feet is False.

Positioning devices, such as personal fall arrest systems, are designed to prevent free falls or minimize the distance of falls. The primary purpose of positioning devices is to keep the worker in a safe and controlled position while working at height. However, the maximum allowed free fall distance for a positioning device is typically limited to 2 feet (0.6 meters) according to industry standards and regulations.

Allowing an employee to free fall more than 6 feet would pose a significant safety risk. A fall from such a height can result in severe injuries or even fatalities. To ensure worker safety, positioning devices are designed to limit free fall distances by incorporating energy-absorbing elements or by providing a fixed length of lanyard or restraint line.

By limiting the free fall to a maximum of 2 feet, the forces applied to the worker's body during a fall are significantly reduced, reducing the risk of injury. This limit also ensures that the worker remains within a safe working zone and can maintain control while performing tasks at height.

It is essential to follow proper rigging procedures, including the selection, inspection, and use of positioning devices, as well as compliance with relevant safety regulations such as those set by OSHA (Occupational Safety and Health Administration) or other local authorities. Adhering to these guidelines and standards helps to protect workers from falls and ensure their safety while working at heights.

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Which of the following careers is most likely to require business skills?

Answers

Answer:

1, Communication skill,Leadership skill,Analytical skill

A basic concept in economics is that all resources are
O scarce.
• allocated.
valuable.
O renewable.

Answers

A basic concept in economics is that all resources are scarce. Thus, option a. is the correct answer.

Explain about the basic concept about the economics.

Every person's life includes doing economics on a regular basis in addition to studying it. It serves as a means of balancing the inputs and outputs of money. Whatever it is, one should prepare before the month or count at the end of the month or year, whether it is a small family, a large family, a small commercial enterprise, or a giant organisation. Economics seeks to strike a balance between the unending demands and the finite resources.

After saying this, we'll start talking about the topic of "economics." The pupils who are just beginning their studies in commerce in class XI will find this subject extremely interesting. In essence

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Answer:

Option A  scarce

Explanation:

Which is the equilibrium for an economic perspective

Answers

In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change.

The ________ function allows for multiple criteria in multiple ranges to be evaluated and counted.

Answers

The COUNTIF function enables the evaluation and counting of many criteria across various ranges. Use the COUNTIF function if you want to use numerous criteria at one time. The COUNTIF function has the following syntax: =COUNTIF (range, criteria).

The range specifies which cells must be counted, and the criterion control specifies which cell values must be counted and which must not. Using Excel's COUNTIF function to count using the AND condition is quite simple. For counting cells with two or more criteria, use the COUNTIFS function.

For purposes of partial matching, the COUNTIF function's criteria can also incorporate a variety of logical operators and wildcards. Excel's COUNTIF function does not allow the use of arrays and always requires a range of cells.

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The party organization is a. the members of the general public who identify with a political party. b. the formal structure and leadership of a political party. c. all of the elected and appointed officials who identify with a party. d. the urban machines that distribute social benefits. e. responsible only for mundane matters such as printing signs and scheduling events

Answers

The formal structure and leadership of a political party (Option b) is referred to as party organization.

The party organization is the formal structure and leadership of a political party, according to this question. A political party's formal structure and leadership is referred to as party organization. It's made up of a national committee and state and local committees, as well as officers and delegates who attend party conventions. This body governs the party and ensures that it functions properly.

The party organization is responsible for several different activities, including recruiting new members, raising funds, organizing party events, conducting party primaries and caucuses, and disseminating information about the party and its candidates.

Furthermore, the party organization is in charge of developing party platforms, coordinating voter registration drives, and managing political campaigns at the local, state, and national levels. Party organization is the backbone of every political party. It's critical for the party to win elections and achieve its goals.

Therefore, the correct answer is option b. The formal structure and leadership of a political party.

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The executing tasks of the wbs remain constant from project to project
True
False

Answers

False. The executing tasks of the wbs does not remain constant from project to project

The executing tasks of the Work Breakdown Structure (WBS) do not remain constant from project to project. The WBS is a hierarchical decomposition of the project's scope into smaller, more manageable components, known as work packages. The WBS breaks down the project's deliverables, tasks, and activities into smaller, more detailed elements.

The WBS is specific to each project and is developed based on the unique characteristics, requirements, and objectives of that particular project. It is created through a process of analysis, stakeholder input, and consideration of the project's scope, objectives, and constraints.

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Short-term bond yields are generally ______ than long-term bond yields whereas long-term bond prices are generally ________ than short-term bond prices.
a) more volatile; less volatile
b) less volatile; less volatile
c) more volatile; more volatile

Answers

The correct option is a) more volatile; less volatile

Short-term bond yields are generally more volatile than long-term bond yields whereas long-term bond prices are generally less volatile than short-term bond prices.

Volatility refers to the tendency of a security’s price to fluctuate dramatically in price. In the case of short-term bonds, they have less time to mature, which exposes them to a higher degree of risk and uncertainty. As a result, investors demand a higher return to hold short-term bonds, resulting in higher yields. In comparison, long-term bonds have a longer maturity period, which reduces the level of risk and uncertainty. As a result, investors are willing to accept lower returns to hold long-term bonds, resulting in lower yields. In addition, long-term bond prices are less volatile than short-term bond prices. The reason for this is that short-term bonds are more susceptible to fluctuations in interest rates and changes in the economy than long-term bonds. Any change in market conditions will have a greater impact on short-term bonds than long-term bonds. The relationship between bond prices and bond yields is inverse, meaning that when bond prices go up, bond yields go down, and when bond prices go down, bond yields go up. As a result, investors prefer to invest in long-term bonds during periods of economic growth when inflation is expected to rise. During these times, long-term bond prices increase as bond yields decrease, which reduces the cost of borrowing, leading to increased economic activity. Hence, it can be concluded that short-term bond yields are generally more volatile than long-term bond yields, whereas long-term bond prices are generally less volatile than short-term bond prices.

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How impressionism broke from traditional painting of the 19th century. how did it differ from expressionism of the 20th century? True or False? WEP is designed to protect linkage-level data for wireless transmission by providing confidentiality, access control, and data integrity, to provide secure communication between a mobile device and an access point in a 802.11 wireless LAN. A carnival uses two baskets hanging from springs at different heights. Next to the higher basket is a pile of baseballs. Next to the lower basket is a pile of golf balls . The object of the game is to add the same number of balls to each basket so that the baskets have the same height. But there is a catch - you only get one chance. What is the secret to winning the game ? You carefully observe the game and record the height of each basket in relation to the number of balls in it. Your observations are recorded in the tables to the right. What is a useful question to consider before reading a text for the central Ideas?OAHow would you summarize the important events in the text?O B.How will the text end?O C.What does the first paragraph reveal about the ideas?OD.What do you predict the text will be about? The following well is to be equipped with a surface choke operating in critical flow. Determine the well's producing capacity and the choke size required for the following conditions o No choke o Choke at wellhead o Choke at separator Well depth = 10,000ft Tubing Size = 1.995 inch Pr = 3000psia fw =0 C=0.0023STB/ day-psi Flowline length =5,000ft Flowline Size =2 inch GLR=500scf/STB P sep =100psig n=0.85 For the given well, the pressure gradient in the well and tubing are expresses by the following two equations Tubing: P wh =0.9Pwf0.95Q100 Flowline: P sep = P wh q 0.35Q+2.5 Choose the best possible answer for Q.No. A, B, and C.The following is an acid-base reaction between sulfuric acid and aluminum hydroxide. Use the provided molar masses to answer the questions below:molarmass3 H2SO4+2 Al(OH)3Al2(SO4)3+6 H2Og/mol98.0878.00342.1518.02Note: You need to upload the documents for A, B, and C to show your work.A. How many moles of sulfuric acid would be required to form 65.21g of Water? moles of H2SO4 = ________ [ Select ]B. How many grams of Aluminum Sulfate could be formed if 197.0g aluminum hydroxide reacts with sulfuric acid? mass of Al2(SO4)3 = ________ [ Select ]C. To determine the concentration of a sulfuric acid sample, a titration is performed with the above reaction. What is the concentration of the sulfuric acid if a 15.00mL sample reached its titration endpoint with 29.26mL of 0.2855M Al(OH)3?Molarity of H2SO4 = ________ [ Select ] In a video, a man punches another man and then evades a female flight attendant before leaving the plane and punching the gate attendant. The videographer commented that the airline staff did the best they could to defuse the situation. Given findings from a meta-analysis on cultural differences in aggression, you can guess that the physically aggressive passenger was _________. which document established an early form of self-government in the plymouth colony Find an ordered pair (x,y) that is a solution to the equation 3. Find the value of r so the line that passes through (7,r) & (1, -1), has a slope ofm= (9 pts)Hi can Someone please help ! Russell says that religious beliefs can be proved by strict demonstration to be true? 3. Suppose g(t) = [0.5sinc(0.5 t) cos(2 t)], where the sinc function is defined as (3.17) on p. 100 of the textbook. (a) Apply Parseval's Theorem to determine the 95% energy bandwidth (B) of this signal, where we define the 95% energy bandwidth as: (b) Gfdf = 0.95Eg. What is the 95% energy bandwidth of g(2t) in terms of the value of B determined in Part a. Please provide full justification for your answer. Round your answer to four decimal places if necessary. Approximate the area under the curve on the given interval using n rectangles and the evaluation rules for the left endpoint. y = 2 cos(x) on [0, /2], n = 72 what number is not a factor of 12 , is smaller than 10 and is one less than a perfect square Pls help me:(:(:(:(:( You want to open a checking account at your local bank which offers two options. A standard checking account charges $6 each month plus $.25 for each check written. A select checking account charges $4.50 each month plus $.50 for each check written. Which system of equations can be used to determine the number x of checks that must be written in a month in order for the total charges y for the two checking accounts to be the same? what can be done to primary resistor (r) starters to obtain a more smooth start? Calculate the dimensions of an irregular hexagon whose perimeter in 98 cm. Answer will vary. 4. The positive Biuret test indicates the presence of ....... bond in proteins. what is another activity andy may perform within this function?