If an increase in the price of one good brings about no change in demand for another good, what does this tell us about the relationship between the two goods?
Answers
If an increase in the price of one good does not affect the demand for another good, it indicates that the two goods are unrelated or have a weak relationship.
In other words, the goods are not substitutes or complements. If the two goods were substitutes, an increase in the price of one good would lead to an increase in demand for the other good. On the other hand, if the two goods were complements, an increase in the price of one good would lead to a decrease in demand for the other good.
Therefore, if there is no change in demand for another good when the price of one good increases, it suggests that the two goods are independent or weakly related.
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Related Questions
Please Help!
1. The Pascal family: Both Mr. and Mrs. Pascal have been hired by a major employer in your town. They have been pre-approved for a loan of up to $300,000 and have enough cash to make a 20% down payment. They have steady incomes and hope to put down roots. Single family home, 3 beds and 2.5 baths.
(a) Give the URL for the home listing.
(b) Describe the home.
(c) Provide the reasons why it is a good fit.
2. The Harris family: They are a few years out of college and have been hired to teach school through the Teach for America program. Their contract is for one year. They have a little savings of about $1,200 in the bank. They are both fitness enthusiasts and love to ride bikes, play tennis and jog. Apartment with $800-$1000 monthly rent
(a) Give the URL for the home listing.
(b) Describe the home.
(c) Provide the reasons why it is a good fit.
3. The Middleburg family: They are looking to retire in your town to be closer to their grandchildren. They have $255,000 from the sale of their previous home to buy a house outright for a minimum $200,000. Mrs. Middleburg has neuropathy and may eventually need a wheelchair. Mr. Middleburg has a heart condition that needs to be monitored. Single story 3 beds, 2 bath “accessible” home. $200,000 - $250,000 range
(a) Give the URL for the home listing.
(b) Describe the home.
(c) Provide the reasons why it is a good fit.
Answers
Answer:
You should go to redfin.com and search a house that meets their needs I’m not sure if that’s the correct way to do the assignment but that’s how I did it
Explanation:
The pascal family of Mr. and Mrs. paschal have employed a major employ a man in the town. They have ales approved a loan of 300,000 and have enough cash to make a down payment.
The home listing URL is blog.hubspot.com. The home is big and located near the central business district. It is a good fit as it has all the available and necessary sites within one hour of reach. The harries family is a few years out of college and has been hired to teach in a school. They have contracts for one-year duration and have some savings of $1,200. They love to ride bikes and play tennis. Give a rent of 800-1000 USD. For them home would be a place that is far away from the downtown has cheap and affordable transportation and is not crowded. The middle burgs family is looking for retirement. The want to live close to their grandchildren. They have a $255,000 form sale and are used to wheelchairs. They need a home that is near the city and is near the medical care.Learn more about the Pascal family: Both Mr. and Mrs. Pascal have been.
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Grant started a business this year. He earned $200,000 in revenues and had $150,000 in expenses. His other alternative would have been to go back to his old job, where he earned $70,000. What are Grant's "true" profits from his business
Answers
Answer:
Profit from the business = $50000.
Explanation:
Total revenue from the business = $200000
The total cost that occurred in business = $150000
Now we have to calculate the true profit from the business. So, it can be calculated by subtracting the total cost from the total revenue.
Below is the formula to find the profit.
Profit = total revenue – total cost
Now insert the given values in the formula.
Profit from the business = $200000 - $150000
Profit from the business = $50000
The amount of Grant's "true" profits from his business is $50000. Profits are termed as the total revenues that the firm earns on selling the produced goods and services.
Given information are:
Total revenue from the business = $200000
The total cost that occurred in business = $150000
Computation of profit:
Profit = Total Revenue- Total Cost
Profit = $200000- $150000
Profit = $50000
Therefore, the amount of profit the company earned is $50000.
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Which area of intellectual property law did this case address?
copyright
trademark
trade secrets
right of publicity
Answers
Answer:
A is correct :)
Explanation:
Answer:A is correct i took the assingment trust me!
Explanation:
The production function of john business is Q = L + 1.5K where Q is the variable capturing the quantity of output produced, L is the variable measuring the units of labour hired and K is the variable measuring units of capital hired. Suppose also that the wage rate per unit of labour is $20 and the rental rate per unit of capital is $24. Given this information, answer the following questions.
(i) In the long run, what is the input bundle that john should choose to produce 200 units of output? Show your working and explain your answer. What will be the associated minimum total cost of production?
(ii) Diagrammatically represent john's chosen input combination carefully using an isoquant and an isocost line while keeping labour (L) on the horizontal axis.
Answers
i) The total cost of production will be C is $51K.
(i) In the long run, John's input bundle that he should choose to produce 200 units of output is given by the formulae:
MPᵣₗ = w / pᵣₗ
MPᵣₖ = r / pᵣₖ
Where, MP = marginal product of labor or capital, w = wage rate per unit of labor, r = rental rate per unit of capital, pᵣₗ = price of labor, and pᵣₖ = price of capital.
Given the production function as Q = L + 1.5K
We know that
MPᵣₗ = ΔQ / ΔL = 1.
Therefore, 1 = w / pᵣₗ,
pᵣₗ = $20
Therefore, w = $20.
We also know that
MPᵣₖ = ΔQ / ΔK
MPᵣₖ = 1.5
Therefore, 1.5 = r / pᵣₖ, pᵣₖ = $24
Therefore, r = $36.
From the above formulae, John's input bundle would be:
MPᵣₗ / MPᵣₖ = w / r
MPᵣₗ / 1.5 = 20 / 36
MPᵣₗ = 0.5MPᵣₖ
Q = 200 = L + 1.5K
When Q = 200, L = 0.5(1.5K)
Therefore, the input bundle John should choose to produce 200 units of output is L = 0.5(1.5K) and K = K.
The total cost of production will be C = wL + rK, where w is the wage rate, L is the amount of labor and r is the rental rate.
When L = 0.5(1.5K) and Q = 200, then the cost of production will be minimum.
The total cost of production will be
C = wL + rK
C = $20 (0.5)(1.5K) + $36K
C = $15K + $36K = $51K
(ii) Diagrammatically represent John's chosen input combination carefully using an isoquant and an iso cost line while keeping labor (L) on the horizontal axis.
For the diagrammatic representation of John's chosen input combination, the isoquant and is cost line are required.
The isoquant is a curve that shows the various input combinations that can produce the same quantity of output.
An iso cost line is a line that shows the various combinations of labor and capital that can be purchased with a given budget.
John's chosen input combination will be at the point of tangency between the isoquant and iso cost line. To draw the diagram, the following steps will be taken:
1. Choose a level of output Q = 200 units
2. Set up the equation for the isoquant by equating it to Q and solving for K in terms of L, where
Q = L + 1.5K
K = (Q-L)/1.5
3. Draw a graph with the amount of labor, L, on the horizontal axis and the amount of capital, K, on the vertical axis.
4. Plot the isoquant by using different values of L to solve for K, then plot the resulting points on the graph.
5. Draw an iso cost line by calculating the cost of production for different levels of L and K.
6. The point of tangency between the isoquant and iso cost line will be the optimal input combination.
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Who heads each of the branches of federal reserve banks and looks after their functioning?
Answers
Answer: The chair of the board, governors of the federal reserve system is the chief of the federal reserve which is the central banking system of the United States.
Answer:
Board of Governors
Explanation:
Inflationary pressure in the AS-AD model can be shown as a
Demand shock that shifts the AD to the left.
rise in input prices affecting most firms across the economy shifting AS curve to the right.
rise in input prices affecting most firms across the economy shifting AS curve to the left.
Answers
Answer: rise in input prices affecting most firms across the economy shifting AS curve to the left
Explanation:
Inflationary pressures simply refers to the pressure on both the demand and the supply-side which can bring about an increase in the general price level of goods and services in such economy.
Inflationary pressure in the AS-AD model can be shown as a rise in input prices affecting most firms across the economy shifting AS curve to the left. The aggregate supply curve shifting to the left implies that there'll be a reduction in the goods and services demanded in the economy due to the increase in price.
Which of the following is an output device? DVD-ROM Touchpad Hard drive Printer
Answers
The printer should be considered an output device.
The following information should be considered for an output device:
The output device is the device that transforms the information into a human-readable form. The example of the output devices includes monitor, printer, plotters, speakers, etc.Therefore we can conclude that the printer should be considered an output device.
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Question 5 of 10
Which of the following is a part of the employment tax?
O A. Income tax
O B. Property tax
O C. Non-compliance fines
O D. Social security tax
Answers
Answer:
D. social security tax
Explanation:
Lilly, Briah, Chloe, and Terry are the directors and equal shareholders of Fantastic Holidayz Pty Ltd, a company that runs an exclusive airline company and operates in several high-rise office buildings in Melbourne. Briah is the Managing Director and Terry is the Chief Financial Officer. Lilly and Chloe are non-executive directors. The Company has adopted a written constitution which contains the following clauses: (36) A directors' meeting may be called by a director giving reasonable notice individually to every other director (37) Quorum for directors' meetings is four directors and the quorum must be always present during the meeting (42) A resolution of the majority of directors may resolve to remove another director of the company. Business is booming, and Fantastic Holidayz has made a great deal of money over the last few years. However, the Board of Directors have rejected Lilly's proposal to declare a dividend for the last 7 years in a row - and she is getting fed up. The other directors always outvote her, arguing that it is better to keep the profits in reserve and continue to expand the business. Terry is currently investigating the possibility of opening further destinations to their itinerary In October 2017 Lilly was overseas for a family funeral and on her return to Melbourne, she discovers that the other directors have met and passed resolutions to remove her as a director of the company. Lilly did not receive any notice of the director's meeting. In another resolution, the remaining directors voted to pay themselves $500,000 in bonuses - equating to the entire year's profit. Lilly is angry that she has been removed and not paid a bonus and comes to you for your professional advice and opinion. Further, Fantastic Holidayz has a longstanding agreement with several travel agencies, and in January 2018, Fantastic's financial accounts showed that one agency owed the company $85,000, and there was no applicable security Recently, Lilly discovered that by June 2018 the debt owing to Fantastic Holidayz had blown out to $200,000. Terry had approved additional credit without the knowledge of the other directors. He did this, even though the agency had been taking a long time to pay its overdue account. Additionally, there are now rumours that are insolvent, but this cannot be proven. REQUIRED: 1. Discuss whether Lilly can bring any action to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses? (5 marks) 2. Advise Lilly about the process and potential outcomes if the travel agency is placed into voluntary administration - and any implications of this on Fantastic Holidayz. (5 marks) 3. Advise Lilly about whether Terry has breached any of his statutory duties as a director of Fantastic Holidayz. Include in your answer the consequences of a breach of duty, whether Lilly could bring an action for compensation on behalf of the company against Terry, and whether there are any defences available.
Answers
It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.
1. Lilly's Challenge to Dividend Denial and Bonus Payment:
Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:
a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.
b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.
c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.
Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.
2. Travel Agency in Voluntary Administration:
If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:
a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.
b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.
For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.
3. Terry's Breach of Director's Duties:
Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:
a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.
b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.
c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.
d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.
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I NEED THIS FAST PLEASE
Due today!
Which of the following scenarios best reflects a list price?
A. Earrings that are buy one get one free
B. A bike that is half off because of a holiday promotion
C. Socks that have a suggested retail value of $39.99
D. A dress that is 25% off
Answers
Answer:
C. Socks that have a suggested retail value of $39.99
The following scenarios best reflect a list price of Socks that have a suggested retail value of $39.99. Thus the correct option is C.
What is the list price?The specified price at which some is advertised for sale through a specific channel, such as a factory, a retail store, a catalog, or a retail, wholesale, or distributor website is The list price.
The difference between the listing price and the sale price of a property is known as the "listing price," also referred to as the "asking price."The highest price at which a thing may be sold is its list price.
The cost at which a seller decides to put their house on the market is known as the list price. You can specify a particular range of costs and make them exclusive to a certain clientele using a pricing list.
Therefore, option C is appropriate.
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which theory posits that people choose how hard or how long to work toward something based on perceptions about whether that work will eventually result in desired rewards?
Answers
Victor Vroom's expectancy theory is one such management theory focused on motivation.
What about Victor Vroom's expectancy theory?According to Holdford and Lovelace-Elmore (2001, p. 8), Vroom asserts, "intensity of work effort depends on the perception that an individual's effort will result in a desired outcome.
Vroom's expectancy theory explains that to achieve maximum pleasure, one most device alternatives which could be a product of our "conscious choices." The theory was initiated by the famous psychologist Victor Vroom.
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Employers have a responsibility to their employees to provide a safe working environment
True
False
Answers
Answer:
true but its also the the employees job to stay safe and keep there employer safe too
Explanation:
.
Wayne is considering opening a savings account or investing in the stock market. He asks you to tell him more about these options. What is the BEST financial information you can share with him?
Answers
When considering whether to open a savings account or invest in the stock market, there are several factors that Wayne should take into consideration including Risk and Return, Timeframe, Diversification, and Fees and Expenses.
Risk and Return: Investing in the stock market carries more risk than opening a savings account. While savings accounts generally offer low interest rates, they are also low risk. In contrast, the stock market offers the potential for higher returns, but it is also riskier, as the value of stocks can be volatile.Timeframe: Wayne should consider his investment timeframe. If he has a short-term goal, such as saving for a down payment on a home or a vacation, a savings account may be a more appropriate option, as he can earn a guaranteed return on his savings. However, if he has a longer investment horizon, such as saving for retirement, investing in the stock market may be a better option, as he has more time to ride out any fluctuations in the market.
Diversification: If Wayne decides to invest in the stock market, he should be aware of the importance of diversification. This means spreading his investments across different companies and industries to reduce risk. He can achieve diversification through mutual funds or exchange-traded funds (ETFs) that invest in a variety of stocks.
Fees and Expenses: Wayne should consider the fees and expenses associated with each option. Savings accounts generally do not have fees, while investment accounts may have management fees, transaction fees, and other costs that can eat into their returns.
In summary, you can advise Wayne that the best option depends on his personal financial goals, risk tolerance, investment timeframe, and other factors. A savings account may be a good option for short-term savings goals, while the stock market offers higher potential returns over the long term, but with more risk.
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which wheel settings change when you mount the subframe incorrectly in the transverse direction? Check all that apply
TOE
CAMBER
STEERING AXIS INCLINATION (SAI)
CASTER
Answers
The wheel settings that change when you mount the subframe incorrectly in the transverse direction is "CASTER" (Option D)
What is Caster?Caster is the process of aligning a wheel with the direction of travel, which can be performed by caster displacement or caster angle. As with the front wheels of a shopping cart, caster displacement shifts the steering axis forward of the axis of wheel rotation. The steering axis is moved away from the vertical by the caster angle.
The caster angle, also known as the castor angle, is the angular displacement of the steering axis from the vertical axis of a steered wheel of a car, motorbike, bicycle, another vehicle, or watercraft as seen from the side.
Positive caster enhances the responsiveness of your vehicle while negotiating bends and the stability of your car when going at greater speeds. The sole disadvantage of a positive caster is that it increases the amount of effort required to steer your car.
Turning plates and a digital or bubble camber/caster gauge are the two most common methods for measuring caster angles. Measuring the upper and lower wishbone mounting points or the MacPherson strut angle.
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Which example best describes how a bank injects money into the economy?
O A bank opens a savings account for a customer.
A bank approves a loan for a customer.
A bank buys a company's rapidly growing stock.
O A bank buys property in a bustling business district.
Answers
Answer:
The correct answer would be option B, A bank approves mortgage for a customer. Explanation: Injecting money into the economy means increasing money supply in the economy
Explanation:
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The most practical measure of how a bank can inject money into the economy exists to support the mortgage for a customer.
How does a bank inject money into the economy?Injecting money into the economy suggests increasing the money supply in the economy. It indicates more money exists in circulation. So when a bank supports a mortgage for a buyer, it signifies the bank exists discharging money that will be in circulation and evolves a portion of the economy. A mortgage exists the loan or money that a bank or financial organization loans to a person or group on an agreed-upon interest rate in interaction with their property with the state that the bank will market the belongings to earn its money back if the borrower dies to repay the loaned money. So the most practical measure of how a bank can inject money into the economy exists to support the mortgage for a customer.
Therefore, the correct answer is option B) A bank approves a loan for a customer.
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Bought a machine for Rs.100000 from ABC trading concern in account
Answers
Answer:
whats the question. Please let me know
Explanation:
Ofac requires depository institutions that hold blocked property to file annual reports by.
Answers
Ofac requires depository institutions that hold blocked property to file annual reports by September 30th.
What is annual report?It should be noted that annual report is a document which describes the financial condition of a company for the previous year.
In this case, Ofac requires depository institutions that hold blocked property to file annual reports by September 30th.
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4. determine the total cost of the martin manufacturing project. how much would martin be billed for services performed?
Answers
To determine the total cost of the Martin Manufacturing project, it is important to consider all the services that have been performed, along with the resources and time invested in the project. The total cost would include all the expenses incurred during the project, such as labor costs, material costs, and overhead expenses.
It would also include any additional costs for any specialized services that were provided, such as consulting or design services. Once all the expenses have been tallied, the total cost of the project can be calculated. This would be the amount that Martin Manufacturing would be billed for the services performed.
It is important for businesses to accurately determine the total cost of a project to ensure that they are billing their clients fairly and to avoid any disputes over billing discrepancies.
By accurately determining the total cost of the Martin Manufacturing project, the business can ensure that they are receiving fair compensation for their work and that the client is satisfied with the project outcome.
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1. Four electricians are discussing special requirements for health care facilities. Electrician A says that a nursing home is required to include an emergency system circuit. Electrician B says that GFCI outlets are required in the bathroom area of some critical-care patient rooms. Electrician C says that a nursing home is not required to include an emergency system circuit. Electrician D says that GFCI outlets are required in the bathroom area of the critical-care patient rooms. Which of the following statements is correct?
A. Electrician C is correct.
B. Electrician A is correct
C. Electrician D is correct
D. Electrician B is correct.
2. Four electricians are discussing wiring under raised floors in information technology equipment rooms. Electrician A says that wiring under the raised floor requires fire-resistant walls, floors, and ceilings between other occupancies. Electrician B says that wiring under the raised floor requires fire resistant halfway up the walls and floors between other occupancies. Electrician C says that the room must employ a disconnecting means that removes half of the power to all equipment in the room. Electrician D says that a disconnecting means isn't necessary for the room. Which of the following statements is correct?
A. Electrician B is correct.
B. Electrician C is correct.
C. Electrician D is correct.
D. Electrician A is correct.
3. Five electricians are discussing grounding. Electrician A says that 6" of an 8' rod or pipe electrode is allowed to extend above the finished grade. Electrician B says that a "made" grounding electrode constructed from copper rod that’s 5/8" in diameter and 100" long is acceptable per the NEC. Electrician C says that 6" of a 16' rod or pipe electrode is allowed to extend above the finished grade. Electrician D says that a "made" grounding electrode constructed from copper rod that's 5/8" in diameter and 50" long is acceptable per the NEC. Which of the following statements is correct?
A. Electrician C is correct.
B. Electrician B is correct.
C. Electrician D is correct.
D. Electrician A is correct.
4. Where resistance to ground of a single-made electrode exceeds 25 ohms,
A. additional electrodes must be added until the resistance to ground is lower than 25 ohms.
B. the electrode can be omitted.
C. no additional electrodes are required.
D. one additional electrode must be added.
5. According to the NEC, what type of threadless connectors and couplings must be used with rigid metal conduit if installed in masonry?
A. Rain tight.
B. Concrete tight.
С. Weatherproof.
D. Wet/damp listed.
6. Four electricians are discussing NEC requirements for common appliances.
Electrician A says that new, cord-and-plug, single-phase room A/C units must have factory-installed LCDI or AFCI protection. Electrician B says that the cord for a household refrigerator must be visible and readily accessible to be used as a disconnect switch. Electrician C says that the cord and plug don't have to be new. Electrician D says that an old cord with a spliced new plug can be used. Which of the following statements is correct?
A. Electrician A is correct.
B. Electrician B is correct.
С.Electrician C is correct.
D.Electrician D is correct.
7. Four electricians are discussing switchboards and panelboards. Electrician A says that switchboards and panelboards must provide front and rear access to meet accessibility requirements. Electrician B says that unused circuit breakers mounted in a panelboard should not be identified on the circuit directory until they're actually connected for a circuit application. Electrician C says that switchboards can be installed in cabinets. Electrician D says that switchboards aren't intended to be installed in cabinets. Which of the following statements is correct?
A. Electrician C is correct.
B. Electrician D is correct.
C. Electrician A is correct.
D. Electrician B is correct.
8. Four electricians are discussing the installation of a luminaire in a clothes closet.
Electrician A says that because the clothes-hanging rod is located five inches from the ceiling, the light fixture that's to be mounted directly over the rod must be recessed.
Electrician B says that a surface-mounted incandescent fixture must be placed at least six inches from the storage area. Electrician C says that a surface-mounted incandescent fixture must be placed at least 12 inches away from the storage space. Electrician D says that a surface-mounted incandescent fixture must be placed at least nine inches away from the storage space. Which of the following statements is correct?
A. Electrician B is correct.
B. Electrician A is correct.
С. Electrician C is correct.
D. Electrician D is correct.
Answers
The correct options are
B. Electrician A is correct.
D. Electrician A is correct.
B. Electrician B is correct.
A. Additional electrodes must be added until the resistance to ground is lower than 25 ohms.
B. Concrete tight.
A. Electrician A is correct.
C. Electrician A is correct.
A. Electrician A is correct.
What are electricians?Generally, An electrician is a skilled laborer who specializes in the electrical wiring of structures, transmission lines, stationary machinery, and other apparatus that is connected to the field.
Installing new electrical components, repairing and maintaining existing electrical infrastructure, and maintaining and repairing existing electrical infrastructure are all possible jobs for electricians.
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. The purpose of the transportation approach for locational analysis is to minimize
a) total costs b) total shipping costs
c) total variable costs
d) total fixed costs
Answers
The purpose of the transportation approach for locational analysis is to minimize total costs. So, the correct option is a) total costs.
This approach is used to determine the optimal location for a facility by considering transportation costs and distances between potential locations and the facility's customers or suppliers. By minimizing total costs, a company can improve its competitiveness and profitability.
The transportation approach involves using linear programming techniques to optimize the allocation of goods between different locations. This technique considers factors such as shipping costs, transportation times, and inventory carrying costs to determine the most efficient way to move goods from one location to another.
By minimizing total costs, a company can also reduce its environmental impact by minimizing the distance traveled and the energy required for transportation. This approach can also help to reduce congestion and traffic on the roads, leading to a more sustainable and efficient transportation system.
In summary, the transportation approach for locational analysis is an important tool for businesses to optimize their operations, reduce costs, and improve sustainability.
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2. Making choices is necessary in all economic systems because:
A. there are so many products that we cannot use them all at once
B. the government has so much money that it does not know what to do with it
C. there are so many resources compared to people’s needs that we have to choose which ones not to use
D. there are so many wants compared to scarce resources that we have to decide what to produce
Answers
Explanation:
it is d because we don't have enough resources to sustain forever so we have to figure out how to make them last.
Tasmanian supermarkets are experiencing an egg shortage as a result of reduced demand during the pandemic.
Producers are warning consumers that the shortage could extend over a number of months and that prices could also increase.
In a number of areas, the shortage is due to producers reducing the size of their flock to deal with the reduced demand over the peak of the pandemic.
Demand for eggs has since risen as Covid restrictions ease, borders reopen and hospitality venues welcome back customers.
Tasmania's Pure Foods Eggs chief executive officer Kate Daley told ABC news that the shortage could last for a majority of 2022 as producers wait for their next flock of hens to be ready to begin laying.
"It takes months of planning to organise a chicken hatch date, and from the time the chicken emerges from its egg, it takes around 20 weeks before they are able to start laying eggs," she said.
"It's likely that there will be a shortage for much of 2022 until new flocks of hens start laying."
Flooding and an increase to input costs are also believed to have contributed to egg shortages in a number of areas.
Producers are warning that the price of eggs are predicted to increase to accommodate the rise in input costs.
From the article above answer the questions
(1) Using the demand and supply model, explain and illustrate graphically, why Tasmanian supermarkets are predicting the price rise of eggs. (Hint: Make sure you discuss the equilibrating process, and clearly outline the assumptions in discussing the factors causing the change in price and quantity).
(2) Use the determinants of price elasticity of demand to analyse whether the demand for ‘Eggs’ is likely to be price elastic or inelastic.
(3) Based on your analysis in question 2, explain and illustrate graphically what will happen to the total revenue of the eggs industry following the change in equilibrium price of eggs.
Answers
(1) Using the demand and supply model, explain and illustrate graphically, why Tasmanian supermarkets are predicting the price rise of eggs.
The Tasmanian supermarkets are predicting a price rise of eggs due to the shortage that is being experienced as a result of reduced demand during the pandemic. Producers are warning that the shortage could extend over a number of months and that prices could also increase. The graph of the demand and supply model will illustrate the reasons behind the prediction of the price rise of eggs.
Equilibrium refers to the point at which the demand curve and supply curve intersect and at which the quantity demanded and quantity supplied are equal. The equilibrium price is the price at which the quantity supplied equals the quantity demanded. If there is an increase in demand for eggs, the demand curve shifts to the right (D1D1). When this happens, the equilibrium price (P1) and quantity (Q1) rise.
The figure shows the equilibrium price (P1) and equilibrium quantity (Q1) at the intersection of the supply and demand curves (S and D). (2) Use the determinants of price elasticity of demand to analyse whether the demand for ‘Eggs’ is likely to be price elastic or inelastic.
The determinants of price elasticity of demand are the availability of substitutes, the proportion of income spent on the good, and the time period considered. The demand for eggs is likely to be price inelastic. This is because eggs are a basic necessity and do not have many substitutes. People tend to buy eggs regardless of the price, as they need to eat to survive. In addition, eggs are a relatively small portion of people's overall grocery budgets, so the proportion of income spent on them is low. Finally, the short-term time period considered also suggests that demand for eggs is inelastic, as people cannot simply reduce their consumption of eggs overnight. (3) Based on your analysis in question 2, explain and illustrate graphically what will happen to the total revenue of the eggs industry following the change in equilibrium price of eggs.
Since demand for eggs is inelastic, an increase in the price of eggs will lead to a smaller decrease in quantity demanded, resulting in an increase in total revenue for the egg industry. The figure below illustrates this relationship. When the price of eggs increases from P1 to P2, the quantity demanded decreases from Q1 to Q2, but not by much because demand for eggs is inelastic. As a result, total revenue increases from the area A to the area B+C. This means that the egg industry will benefit from the price rise, even though consumers will have to pay more for eggs.
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Why is a brand important to a business?
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
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What are the 4 ways banks make money?.
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Despite the fact that banks are privately owned and profit-oriented businesses, public authorities have long acknowledged the significance of banking.
How do banks generate revenue?The spread, or the difference between the interest rates they pay on deposits and the interest rates they get on loans they make, is how they generate revenue.On the securities they own, they receive interest.For consumer services including checking accounts, financial planning, loan servicing, and the sale of other financial goods, they are compensated (e.g., insurance and mutual funds).borrowing funds from other banks or from customers who deposit money at the bank.To more learn about banks make money refer to:
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Given that bearclaws chooses the profit-maximizing price and quantity, what profit level will it obtain? a. $980. B. $490. C. $700. D. $280
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Given that bearclaws chooses the profit-maximizing price and quantity, yhe profit level will it obtain is D. $280
How to calculate the amountA monopoly maximizes its profit at the quantity where marginal revenue (MR) = marginal cost (MC). As shown in the diagram, the MR curve intersects the MC curve at Q* = 70. The total revenue is calculated as follows: TR = P × Q. At Q* = 70, the price that Bearclaws can charge is P = $14.
Hence, the total revenue at the quantity where Bearclaw maximizes profit is given by: TR = 14 × 70
= $980.
The total cost is calculated as follows: TC = ATC × Q. At Q* = 70, we can see on the diagram that it is where average total cost (ATC) = $10 (draw a straight line from ATC curve at Q = 70 to the P axis to see this value). Hence, the total cost at the quantity where Bearclaw maximizes profit is given by: TC = 10 × 70 = $700.
The profit is calculated as follows:
Profit = TR - TC = 980 - 700
= $280.
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Which of the following is a “DON’T” regarding scannable résumés?
a.
Print on white paper with black ink
b.
Use special characters like italics and underlining
c.
Add spaces before and after slashes
d.
Use a clean and neat overall format
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer:
B
Explanation:
took it on edge2020 :)
When it comes to scannable resumes, it is not recommended that you b. Use special characters like italics and underlining.
How should scannable resumes be designed?Because they are to be scannable, they are not to have complicated characters that might be unscannable such as special characters and underlining.
They should be printed on white paper using black ink only, and should have a format that is best described as being neat and clean.
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If nominal GDP is $9,600 billion and the GDP deflator is 118.5 real GDP is ____
A. $6, 586.7 billion. B. $10, 852.7 billion. C. $3, 657.0 billion D. $8, 101.3 billion
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Correct answer is $8, 101.3.
To calculate the GDP deflator, the method is Nominal/Real x one hundred In the example above the GDP Deflator for 1980 is 100 ($500/$500 x 100 = 100). The GDP deflator for the base 12 months is continually one hundred The GDP deflator for 2017 is 342.86 ($3000/$875 x one hundred = 342.86).
What is supposed by means of GDP deflator?By Simone Schotte, reviewed with the aid of Tom McKenzie. 09 March 2022. The gross domestic product rate deflator, or GDP deflator, is a fee index that indicates how, on average, costs for all items and services produced in an economy exchange over time.
What is GDP deflator in India?GDP Deflator, on the different hand, is a complete measure of inflation, implicitly derived from country wide debts records as a ratio of GDP at contemporary expenditures to constant prices.
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https://brainly.com/question/30124577#SPJ4A business analyzes what competitors are charging for products.
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When a business analyzes what the competitors are charging for their products, it is known as the process of marketing info management.
What is the significance of business competitors?A business competitor can be referred to or considered as an organization that deals in the same product that is offered for sale by other enterprises in the same market.
It is important for a business to keep an eye on the acts of its competitors, as it helps them in keeping themselves updated with marketing info management.
Therefore, the significance regarding the business competitors has been aforementioned.
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
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Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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