The new long-run equilibrium for X Company is where the firm's demand curve is tangent to the new average total cost (ATC) curve at its minimum point.
a. Long-run equilibrium of the market for backpacks in monopolistically competitive firms are when the firm's demand curve becomes tangent to the average total cost curve at its minimum point. In a monopolistically competitive market, the demand curve is downward sloping and more elastic than the monopolistic market. The firm maximizes its profit by producing where the marginal revenue equals marginal cost.
The long-run equilibrium for X Company in the market for backpacks occurs when it produces where its marginal cost (MC) equals its marginal revenue (MR), which is where the firm's demand curve is tangent to the average total cost (ATC) curve at its minimum point. In the long run, firms will earn zero economic profit, which means that price is equal to the ATC.
b. X Company's successful advertisement campaign can affect its profit in two different ways. First, it increases the demand for their backpacks, which results in an increase in their marginal revenue and total revenue. Second, it increases the firm's total cost by increasing its advertising expenses. The increase in advertising expense leads to a shift in the average total cost (ATC) curve upward.
As a result, the firm's profit may either increase or decrease, depending on which effect is greater. Drawings:
c. If the successful advertisement campaign inspires brand loyalty among X Company's customers, this implies that their customers will continue to buy their backpacks even when other firms lower their prices. This is because they trust the quality of X Company's backpacks. If brand loyalty increases, the firm's demand curve will become less elastic, and they will be able to charge higher prices. This implies that X Company will be able to earn more profit in the long run.
Thus, brand loyalty impacts the long-run situation of X Company positively. d. If X Company loses the loyalty of its customers, this implies that its demand curve will become more elastic, which will lead to a decrease in its prices and profit. As a result, the firm's demand curve will shift to the left. The firm will need to reduce its price to sell the same amount of backpacks.
This will lead to a shift in the average total cost (ATC) curve upward. The new long-run equilibrium for X Company is where the firm's demand curve is tangent to the new average total cost (ATC) curve at its minimum point. This implies that the firm will produce less, and the price will be lower than it was before. Thus, the new long-run equilibrium will lead to lower profits for X Company.
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Question #3
Multiple Select
The main types of markets are called
consumer
O industrial
customer
Oresidential
Question #4
Multiple Choice
The two most important types of marketplaces are consumer and business markets. There are also institutional markets, government markets, and global markets.
What other kind of markets are there?In a market where buyers and sellers may meet, there can be an exchange of commodities and services. Markets include both actual physical markets and digital ones, such those found online. There are additional examples, such as the stock market, gray market, and auction market.
Although it can be complicated, marketing is primarily driven by four variables: product, price, promotion, and place. These are the fundamental concepts around which everything else is built, and they apply regardless of how tactics and distribution methods evolve. The seven P's or another form of these core concepts are sometimes included.
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What is legal citizenship defined as
Answer:
does this help?
Explanation:
Citizenship is defined in the first clause of the first section of the Fourteenth Amendment as: All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and the State wherein they reside.
The development and delivery of---------- involves applying specialized competencies and performing deeds and processes for purposes of benefiting others that also profit the marketer. Benefitting others generally means customers' problems are solved (i.e., their needs are satisfied). There is one absolutely best answer, because the initial statement always defines this specific word.
Answer:
The answer is services
Explanation:
Hope this helps:)........if not sorry for wasting your time and may God bless you<33
Jolene has always wanted to work in Physical Therapy. Which career would be the best choice if she wants to get into a job that has fast-growing availability?
A. Physical Therapist Assistant
B. Physical Therapist Aide
C. Physical Therapist
D. Physical Therapist Technician
help? D:
Answer:
A.) Physical Therapist Assistant
Explanation:
Just did on Edge 2020. Hope this helps you and others out.
The best career choice that would have taken by Jolene in order to work in the field of Physical therapy is to become a Physical Therapist Assistant.
Option A is the correct answer.
What is meant by physical therapy?Physical Therapy is a kind of treatment done by professionals to relieve a person from pain.
Physical therapist Assistants are professionals who are qualified with an accredited degree in the course of Physical Therapy Education. They are worked under the guidance of Physical Therapists. They also helped the physical therapists with the healthcare problems of the infants to the individual who died.
Therefore, the Physical therapist assistant would be the career chosen by Jolene in order to work in the desired field.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Which type of leaders acts as an ""information centre and exercises minimum control?
The leader who acts as an "information center" and cardiovascular exercises minimal control is known as a Laissez-faire leader. A laissez-faire leader is a type of leader who acts as an "information center" and exercises minimum control.
A laissez-faire leader, also known as a delegative leader, is a type of leader who gives his subordinates a great deal of autonomy in their work.Such a leader only provides assistance and resources when requested by the subordinates.
The term "laissez-faire" is a French word that means "let them do as they please."This leadership style is particularly successful when the group is highly competent and self-motivated. When the leader is dealing with highly qualified individuals, a laissez-faire leadership style can result in an increase in creativity and innovation as well as an increase in group motivation and job satisfaction.In conclusion, a laissez-faire leader is a type of leader who acts as an "information center" and exercises minimal control.
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what would happened is banking didnt exist? i really have no idea
Answer:
we wouldn't have loans to buy a house or a car. We wouldn't have paper money to buy the things we need. We wouldn't have cash machines to roll out paper money on demand from our account
Explanation:
When a corporation distributes assets of the company to its investors, it is referred to as a(n) Multiple choice question. option. expense. dividend. warrant.
Answer: dividend
Explanation:
When a corporation distributes assets of the company to its investors, it is referred to as a dividend.
What is a dividend?A corporation's payout of earnings to its shareholders is known as a dividend. A corporation is allowed to distribute a portion of its profit as a dividend to shareholders when it generates a profit or surplus. Any remaining funds are seized and reinvested in the company (called retained earnings).
A business is often not allowed to pay a dividend out of its capital; thus, both the current year's profit and the retained earnings from prior years are eligible for distribution. If the company has a dividend reinvestment plan, the amount can be paid by the issue of additional shares or by share repurchase. Alternatively, distribution to shareholders may be made in cash (typically a deposit into a bank account).
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Difference between assets and liabilities.
Answer:
see below
Explanation:
Assets are the things a person or a company owns. They are items precious to a business or an individual. Assets are things that can be assigned a monetary value. They are in the form of cash, properties, money market securities, machinery, plants and equipment, intellectual property rights, and many others.
Liabilities are money a business or person owes others. They are loans, debts, and obligations that need to be paid. Common liabilities include bank loans, unpaid utilities, and creditors such as suppliers.
How do I consolidate a balance of two companies, where Company A has 25% of Company B and a controlling interest?
Answer:
Acquisition method
Explanation:
Where in an e-mail would you find information about the action required?
A. In the subject line
B. In the message
C. In the greeting
D. In the To field
Answer:
The message
Explanation:
Answer:
The message
Explanation:
According to a 2018 article in Esquire magazine, approximately 70% of males over age will develop cancerous cells in their prostate. Prostate cancer is second only to skin cancer as the most common form of cancer for males in the United States. One of the most common tests for the detection of prostate cancer is the prostate-specific antigen (PSA) test. However, this test is known to have a high false-positive rate (tests that come back positive for cancer when no cancer is present). Suppose there is a 0.02 probability that a male patient has prostate cancer before testing. The probability of a false-positive test is 0.75, and the probability of a false-negative (no indication of cancer when cancer is actually present) is 0.20.
Let C = event male patient has prostate cancer
+ = positive PSA test for prostate cancer
- = negative PSA test for prostate cancer
a. What is the probability that the male patient has prostate cancer if the PSA test comes back positive (to 4 decimals)?
0.0214 [I did this part correctly but I had trouble finding the other parts, they kept marking them incorrectly]
b. What is the probability that the male patient has prostate cancer if the PSA test comes back negative (to 4 decimals)?
c. For older men, the prior probability of having cancer increases. Suppose that the prior probability of the male patient is 0.3 rather than 0.02. What is the probability that the male patient has prostate cancer if the PSA test comes back positive (to 4 decimals)?
d. What is the probability that the male patient has prostate cancer if the PSA test comes back negative (to 4 decimals)?
Answer:
a) Probability of prostrate cancer given a positive test is P(C|+) = 0.0213
b) Probability of cancer given a negative test is P(C|-) = 0.0161
c) Probability of prostrate cancer given a positive test is P(C|+) = 0.3137
d) Probability of cancer given a negative test is P(C|-) = 0.2553
Explanation:
Probability male patient has prostate cancer, P(C) = 0.02
Probability male patient does not have prostrate cancer P(C') = 1 - 0.02 = 0.98
Probability of a positive test given there is no cancer, i.e. P(false positive) = P(+|C') = 0.75
P(negative test given there is cancer) = P(false negative) = P(-|C) = 0.2
P(negative test given there is no cancer) is the complement of P(+|C') = P(-|C') = 1 - 0.75 = 0.25
Probability of positive test given there is prostrate cancer, P(+|C) is the complement of P(-|C), = 1 - 0.2 = 0.8.
a) Probability of prostrate cancer given a positive test is P(C|+)
According to Baye's theorem, P(C|+) = P(+|C)P(C)/P(+)
For P(+), we use the Law Of Total Probability: P(+) = P(+|C)P(C) + P(+|C')P(C')
P(+) = (0.8 * 0.02) + (0.75 * 0.98) = 0.751
Therefore, P(C|+) = P(+|C)P(C)/P(+)
P(C|+) = (0.8 * 0.02)/0.751 = 0.0213
b) Probability of cancer given a negative test is P(C|-)
According to Baye's theorem, P(C|-) = P(-|C)P(C)/P(-)
P(-) = P(-|C)P(C) + P(-|C')P(C')
P(-) = (0.2 * 0.02) + (0.25 * 0.98) = 0.249
Therefore, P(C|-) = (0.2 * 0.02)/0.249
P(C|-) = 0.0161
Part 2: Given the following;
Probability male patient has prostate cancer, P(C) = 0.3
Probability male patient does not have prostrate cancer P(C') = 1 - 0.3 = 0.70
Probability of a positive test given there is no cancer, i.e. P(false positive) = P(+|C') = = 0.75
P(negative test given there is cancer) = P(false negative) = P(-|C) = 0.2
P(negative test given there is no cancer) is the complement of P(+|C') = P(-|C') = 1 - 0.75 = 0.25
Probability of positive test given there is prostrate cancer, P(+|C) is the complement of P(-|C), = 1 - 0.2 = 0.8.
c) Probability of prostrate cancer given a positive test is P(C|+)
According to Baye's theorem, P(C|+) = P(+|C)P(C)/P(+)
For P(+), we use the Law Of Total Probability: P(+) = P(+|C)P(C) + P(+|C')P(C')
P(+) = (0.8 * 0.3) + (0.75 * 0.7) = 0.751
Therefore, P(C|+) = P(+|C)P(C)/P(+)
P(C|+) = (0.8 * 0.3)/0.765 = 0.3137
d) Probability of cancer given a negative test is P(C|-)
According to Baye's theorem, P(C|-) = P(-|C)P(C)/P(-)
P(-) = P(-|C)P(C) + P(-|C')P(C')
P(-) = (0.2 * 0.3) + (0.25 * 0.7) = 0.235
Therefore, P(C|-) = (0.2 * 0.3)/0.235
P(C|-) = 0.2553
Prostate cancer is a type of cancer that can be detected by the PSA test. The probability of prostate cancer given a positive test is 0.0213 and 0.3137.
What is PSA?Prostate-specific antigen (PSA) test is a diagnostic test that screens for prostate cancer and is a blood test.
Given,
Probability of prostate cancer P(C) = 0.02
Probability of absence of prostate cancer P(C') = 0.98
Probability of false positive P(+|C') = 0.75
Probability of false negative P(-|C) = 0.2
Probability of absence of cancer in negative test = 0.25
Probability of presence of cancer in positive test = 0.8
The probability of the male patient suffering from prostate cancer in case of a PSA reading of 0.0214 is,
By Baye's theorem:
\(\begin{aligned} \rm P(C|+) &= \rm \dfrac{ P(+|C)P(C)}{P(+)}\\\\\rm P(+) &= (0.8 \times 0.02) + (0.75 \times 0.98)\\\\&= \dfrac{(0.8 \times 0.02)}{0.751} \\\\&= 0.0213\end{aligned}\)
The probability of cancer given a negative test P(C|-) is calculated as:
\(\begin{aligned} \rm P(-) &= \rm P(-|C)P(C) + P(-|C')P(C')\\\\\rm P(C|-) &= \dfrac{(0.2 \times 0.02)}{0.249}\\\\&= 0.0161\end{aligned}\)
For the next part, the probability of prostate cancer given a positive test P(C|+) is calculated as:
\(\begin{aligned} \rm P(C|+) &= \rm \dfrac{P(+|C)P(C)}{P(+)}\\\\\rm P(C|+) &= \dfrac{(0.8 \times 0.3)}{0.765} \\\\&= 0.3137\end{aligned}\)
The probability of cancer given a negative test P(C|-) is calculated as:
\(\begin{aligned} \rm P(-) &= \rm P(-|C)P(C) + P(-|C')P(C')\\\\\rm P(C|-) &= \dfrac{(0.2 \times 0.3)}{0.235}\\\\& = 0.2553\end{aligned}\)
Therefore, the probability of prostate cancer with a positive test is 0.0213.
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Doak Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 8 percent and a reinvestment rate of 5 percent on all of its projects. Year Cash Flow 0 –$ 16,300 1 7,400 2 8,600 3 8,200 4 7,000 5 – 4,400 Calculate the MIRR of the project using all three methods with these interest rates.
The MIRR using the company's discount rate of 8 percent is approximately 13.79 percent. The MIRR using the reinvestment rate of 5 percent is approximately 10.96 percent. Lastly, the MIRR using the combination of the discount rate and reinvestment rate is approximately 11.81 percent.
To calculate the MIRR, we first need to determine the future value (FV) of the positive cash flows and the present value (PV) of the negative cash flow. Then, we find the discount rate that equates the PV of the negative cash flow to the FV of the positive cash flows.
Using the company's discount rate of 8 percent, we discount the negative cash flow at 8 percent to find its PV. The positive cash flows are compounded at the reinvestment rate of 5 percent for each year until the end of the project, and then discounted at 8 percent to find their PV. The MIRR is the discount rate that equates the PV of the negative cash flow to the FV of the positive cash flows. In this case, the MIRR using the company's discount rate is approximately 13.79 percent.
Next, we calculate the MIRR using the reinvestment rate of 5 percent. The positive cash flows are compounded at 5 percent for each year until the end of the project and then discounted at 8 percent to find their PV. The negative cash flow is discounted at 8 percent to find its PV. The MIRR is the discount rate that equates the PV of the negative cash flow to the FV of the positive cash flows. In this case, the MIRR using the reinvestment rate is approximately 10.96 percent.
Finally, we calculate the MIRR using the combination of the discount rate and reinvestment rate. The positive cash flows are compounded at the reinvestment rate of 5 percent for each year until the end of the project and then discounted at the discount rate of 8 percent to find their PV. The negative cash flow is discounted at the discount rate of 8 percent to find its PV. The MIRR is the discount rate that equates the PV of the negative cash flow to the FV of the positive cash flows. In this case, the MIRR using the combination of rates is approximately 11.81 percent.
These three MIRR calculations provide different perspectives on the project's profitability based on different assumptions about the discount and reinvestment rates.
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change
as indicated as in the bracket.
. .
no. shaxma is. honest pesson. (a, an, the)
fo
H
Answer:
No Sharma is an honest person.
Explanation:
Articles are "a, an, the" and are used according to their nature like a vowel or a consonant, singular or plural, or definite or an indefinite noun, etc.
In the given sentence, the word to be used is either one of the three articles. And in looking at the word "honest", the letter "h" which starts the word is a consonant. This, by rules of articles, will require the use of "a". But, as the "h" is silent in the sound of "honest", then the use of the "a" is invalid. Judging by the pronunciation, the first sound from the word "honest" is "o" where the word is pronounced as "onest".
Thus, the correct article to be used is "an".
Please choose the correct answer:
Q: An increase in short-run aggregate supply is ___________.
1. represented by a rightward shift in the SRAS curve.
2. represented by a movement up along the SRAS curve.
3. the result of an increase in the price level.
An increase in short-run aggregate supply is represented by a rightward shift in the SRAS curve. Therefore option 1 is correct. The short-run aggregate supply (SRAS) represents the production and supply of goods and services that change based on the price level in an economy.
The SRAS curve slopes upward due to an increase in prices leading to increased production and vice versa. An increase in short-run aggregate supply is represented by a rightward shift in the SRAS curve.
The following graph shows an increase in short-run aggregate supply represented by a rightward shift in the SRAS curve: Graph representing an increase in short-run aggregate supply represented by a rightward shift in the SRAS curve
When there is an increase in short-run aggregate supply, the economy's equilibrium shifts to a higher level of output and lower prices. When output increases and the price level decreases, it leads to increased consumer demand and therefore boosts the economy.
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Bought a machine for Rs.100000 from ABC trading concern in account
Answer:
whats the question. Please let me know
Explanation:
what effect might use of outdated or incorrect information have on a business?
Answer:
it could misslead or make there buisness fail
Explanation:
A consumer has preferences defined over Food and Shelter. The income of the consumer is $800/month and the prices of Food and Shelter are $50/lb and $25/sq yd, respectively. Draw the budget line. Show the affordable set and give an example of a bundle that is not affordable.
The budget line shows the combinations of Food and Shelter that a consumer can afford given their income and the prices of the goods. The affordable set is the area below or on the budget line. An example of an affordable bundle is 10 lbs of Food and 20 sq yds of Shelter, while an example of a non-affordable bundle is 20 lbs of Food and 10 sq yds of Shelter.
The budget line represents the different combinations of Food and Shelter that a consumer can afford given their income and the prices of the goods. To draw the budget line, we need to determine the maximum amount of each good that the consumer can purchase within their budget.
Let's start with the consumer's income of $800/month. Assuming all income is spent on either Food or Shelter, we can divide the income by the prices to find the maximum quantities the consumer can afford. With a price of $50/lb for Food, the consumer can afford a maximum of 800/50 = 16 lbs of food. With a price of $25/sq yd for Shelter, the consumer can afford a maximum of 800/25 = 32 sq yds of shelter.
To draw the budget line, we plot the quantity of Food on the x-axis and the quantity of Shelter on the y-axis. Connecting the points (0, 32) and (16, 0) gives us the budget line. This line represents all the combinations of Food and Shelter that the consumer can afford.
The affordable set is the area below or on the budget line. Any combination of Food and Shelter within this area is affordable for the consumer.
For example, a bundle of 10 lbs of Food and 20 sq yds of Shelter would lie on the budget line and would be affordable for the consumer.
An example of a bundle that is not affordable would be 20 lbs of Food and 10 sq yds of Shelter, which lies above the budget line and exceeds the consumer's budget.
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The united states is a ______________ economy, with nearly all of the characteristics of a ____________________ economy.
US country is having a mixed economy with all features of a market and command economy.
What is an economy?An economy is a scenario that is affected by the economic situation of a country, state, or city.
When the economic decisions relating to a country are taken by the government then that economy is treated as a command economy whereas if the economy is affected by the fluctuations in the prices of goods and services being offered in the market, then that economy is considered to be a market economy.
Therefore, the economy of the US country has mixed features of both market and command economy.
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¿Un producto tiene una EPD de 0,73. Qué podemos decir acerca de la Elasticidad de este producto? Explique.
Answer:
En este caso, EPD tiene un valor de 0,73, siendo menor que 1. Por lo que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio.
Explanation:
La elasticidad precio de la demanda (EPD) indica en qué medida los cambios en el precio alteran la demanda de productos o servicios concretos. En otras palabras, la elasticidad precio de la demanda señala cuánto varía la cantidad demandada de un bien cuando varía su precio.
Se calcula comparando el valor porcentual del cambio en el precio con el del correspondiente cambio en la demanda. Es decir, se define como el cambio porcentual en la cantidad demandada dividido por el cambio porcentual en el precio.
Si la EPD > 1, se dice que la demanda del bien es elástica y la cantidad demandada aumenta (disminuye) en mayor proporción en que baja (sube) el precio. La cantidad demandada aumenta (disminuye) en mayor proporción en que baja (sube) el precio.
Si la EPD < 1, se dice que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio. La demanda de un bien es inelástica cuando la reacción de los consumidores ante un cambio en el precio no es significativa.
Si la EPD = 1, se dice que la demanda del bien tiene elasticidad unitaria y la cantidad demandada aumenta (disminuye) en la misma proporción en que baja (sube) el precio.
En este caso, EPD tiene un valor de 0,73, siendo menor que 1. Por lo que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio.
THIS IS FOR U.S. GOVERNMENT
Unlike the Speaker of the House, the president of the Senate
A.
is not elected by the Senate and may vote on any matter in the Senate.
B.
is elected by the Senate and may vote on any matter in the Senate.
C.
is elected by the Senate and may only vote to break a tie.
D.
is not elected by the Senate and may only vote to break a tie.
Why do many people object to globalization?
Answer:
People opposing globalization believe that international agreements and global financial institutions, such as the International Monetary Fund (IMF) and the World Trade Organization, undermine local decision-making.
Explanation:
Do you believe VR is effective for overcoming speech anxiety ?
Answer:
It really depends on the person and how they cope with it.
Explanation:
Answer:
New research published in JMIR Mental Health has found that virtual reality (VR) can be useful in the treatment of anxiety and depression. Virtual reality can be used effectively to augment and enhance traditional treatment methods, such as cognitive behavioral therapy and exposure therapy.
Explanation:
PLS help, 25 pts and brainliest will be given !
How can reflecting on morals and ethics; help you identify your areas of strengths and weaknesses?
Explanation:
Identifying your strengths and weaknesses can be extremely valuable. Not only will it allow you to approach tasks and challenges with a better understanding of how to succeed and what pitfalls to look out for, but it also allows you to effectively communicate what you can contribute, which is essential for things like job interviews.
A conservative financing plan involvesSelect one:a. heavy reliance on debt.b. heavy reliance on equity.c. high degree of financial leverage.d. high degree of combined leverage.
A conservative financing plan involves heavy reliance on debt. Hence option (a) is the answer.
What is a conservative working capital financing policy?Conservatism in investing places an emphasis on minimizing risk while maintaining the purchasing power of one's capital. The majority of low-risk securities, including treasuries and other high-quality bonds, money markets, and cash equivalents, will often be given a relatively high allocation in conservative investment plans. To keep the company's assets and obligations in balance and to protect against unforeseen issues, a conservative working capital policy is typically implemented.
Accounting conservatism in investing places an emphasis on minimizing risk while maintaining the purchasing power of one's capital. The majority of low-risk securities, including Treasuries and other high-quality bonds, money markets, and cash equivalents, will often be given a relatively high allocation in conservative investment plans.
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The impact of Furman v. Georgia (1972) was that states had to
promise to use the death penalty only with approval from the Supreme Court.
throw out the old Miranda warning and write a new one.
agree to throw out all state laws regarding crime and impose national standards.
create clear standards to be applied fairly before imposing the death penalty.
Answer: D.create clear standards to be applied fairly before imposing the death penalty.
Explanation: The answer it's right there
The impact of Furman v. Georgia (1972) was that states had to
create clear standards to be applied fairly before imposing the death penalty.The Furman v. Georgia caseThis was a case that had to do with the cruel and the unusual way that people faced in the death penalty.
The case ruled that the death penalty was unconstitutional if it was applied in a discriminatory way.
It ruled that the eight amendment was being violated if used in this way.
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The accounting records of Woo Company show $2,400 of retained earnings. Based on this information alone, ______.
Despite that an amount of $2,400 is known for retained earnings, the amount of cash dividends that the company is able to pay cannot be determined.
What is retained earnings?Retained earnings means the profit generated and set aside for the company's future purpose.
The amount of Retained earnings does not reflects the cash dividends paid to shareholders.
In conclusion, despite that an amount of $2,400 is known for retained earnings, the amount of cash dividends that the company is able to pay cannot be determined.
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company c has a fixed charge coverage ratio of 3 times and company d has a fixed charge coverage ratio of 4 times. looking at only this ratio, which company is in a better financial condition.
Based solely on the fixed charge coverage ratio, Company D is in a better financial condition than Company C.
The fixed charge coverage ratio measures a company's ability to cover its fixed charges, such as interest expenses and lease payments, with its earnings before interest and taxes (EBIT). A higher ratio indicates a greater ability to meet these obligations.
Company C has a fixed charge coverage ratio of 3 times, meaning its EBIT is three times its fixed charges.
Company D has a fixed charge coverage ratio of 4 times, indicating its EBIT is four times its fixed charges.
Comparing the fixed charge coverage ratios, Company D's ratio of 4 times is higher than Company C's ratio of 3 times. This implies that Company D has a stronger ability to cover its fixed charges with its earnings. Therefore, based solely on this ratio, Company D is in a better financial condition than Company C.
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A restaurant prepares 200.00 pizza slices and sells them at a rate of $15.00/ slice. Expenses for the restaurant include raw material for pizza at $6.00 per slice, $118.00 for monthly rental and monthly insurance of $34.00. Lost sale are taken as $5.00 per unhappy customer. Leftover pizza can be sold for $2.00. The restaurant is open only for 25 days in a month. Today there was a party at nearby office so the demand for pizza went up to 221.00 slices. How much profit could the restaurant earn today? Answer format: Currency: Round to: 0 decimal places.
Today, the restaurant could earn a profit of $1,870.00.
The profit earned by the restaurant today can be calculated by considering the revenue from pizza sales and deducting the expenses incurred. First, let's calculate the revenue from pizza sales. The restaurant prepared 200.00 pizza slices and sold them at a rate of $15.00 per slice. However, due to the increased demand of 221.00 slices, the total revenue from pizza sales would be 221.00 slices multiplied by $15.00, which equals $3,315.00.
Next, let's calculate the expenses. The raw material cost for each pizza slice is $6.00, and since the restaurant prepared 200.00 slices, the total raw material expense would be 200.00 slices multiplied by $6.00, which equals $1,200.00. Additionally, the monthly rental expense is $118.00, and the monthly insurance expense is $34.00, which sums up to $152.00 for the day.
To account for potential lost sales, we need to consider the number of unhappy customers. Since the demand was 221.00 slices and the restaurant prepared 200.00 slices, there could be 221.00 minus 200.00 unhappy customers, which equals 21. Multiplying this by the lost sale value of $5.00 per unhappy customer, we get a total lost sale expense of 21 multiplied by $5.00, which equals $105.00.
Finally, let's calculate the profit. We subtract the total expenses ($1,200.00 for raw material, $152.00 for rental and insurance, and $105.00 for lost sales) from the total revenue from pizza sales ($3,315.00). Thus, the profit earned by the restaurant today is $3,315.00 minus ($1,200.00 + $152.00 + $105.00), which equals $1,870.00.
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The answer to this question
CPI in 1960 = 29.6
CPI in 1970 = 38.8
Dozen Tangerines in 1960 = 0.31
Dozen tangerines in 1970 = 0.39
Option B
Answered by Gauthmath must click thanks and mark brainliest