False. perfectly competitive industries do not tend to produce low priced, low technology products.
Perfectly competitive industries do not necessarily tend to produce low-priced, low-technology products. In fact, the characteristics of perfectly competitive industries include a large number of buyers and sellers, ease of entry and exit, perfect information, and homogeneous products. The price in a perfectly competitive market is determined by market forces of supply and demand, and firms are price takers, meaning they have no control over the market price. The level of technology and pricing in a perfectly competitive industry can vary depending on factors such as market demand, cost structure, and innovation. Therefore, there is no inherent association between perfectly competitive industries and low-priced, low-technology products.
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Using the rule of 70, how many years will it take an investment to double if the return is 8%? Round your answer to two decimal places years
According to the rule of 70, it takes approximately 8.75 years for an investment to double if the return is 8%. To explain this, the rule of 70 is a simplified method used to estimate the time it takes for a variable to double based on its annual growth rate. It is calculated by dividing 70 by the growth rate.
In this case, dividing 70 by 8% (0.08) yields a result of 8.75. Therefore, it would take approximately 8.75 years for the investment to double at an annual return of 8%. The rule of 70 is based on the mathematical concept of exponential growth. When an investment grows at a constant rate, the time it takes to double is inversely proportional to the growth rate. In this scenario, with an 8% return, the investment is expected to grow by 8% of its value each year. By dividing 70 by 8%, we can estimate the number of years it would take for the investment to double. However, it's important to note that the rule of 70 is an approximation and may not provide precise results in all cases, especially when dealing with complex financial scenarios.
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The management of Advanced Alternative Power Inc. is considering two capital investment projects. The estimated net cash flows from each project are as follows: Year Wind Turbines Biofuel Equipment 1 $270,000 $540,000 2 270,000 540,000 3 270,000 540,000 4 270,000 540,000
For the Wind Turbines, PV of annual net cash flows = $1,604,120, Amount to be invested = $887,600 and Net present value = $716,520
For the Biofuel Equipment, PV of annual net cash flows = $2,674,200, Amount to be invested = $911,100 and Net present value = $1,763,100.
To calculate the net present value (NPV) for each project, we need to compute the present value of the annual net cash flows and subtract the amount to be invested. Using a discount rate of 6%, we can refer to the present value of an annuity table provided to determine the present value factors.
For the Wind Turbines project:
Present value of annual net cash flows:
Year 1: $280,000 * 0.943 = $264,040
Year 2: $280,000 * 1.833 = $509,640
Year 3: $280,000 * 2.673 = $748,440
Year 4: $280,000 * 3.465 = $969,600
Net present value:
PV of annual net cash flows - Amount to be invested:
$264,040 + $509,640 + $748,440 + $969,600 - $887,600 = $1,604,120 - $887,600 = $716,520
For the Biofuel Equipment project:
Present value of annual net cash flows:
Year 1: $300,000 * 0.943 = $282,900
Year 2: $300,000 * 1.833 = $549,900
Year 3: $300,000 * 2.673 = $801,900
Year 4: $300,000 * 3.465 = $1,039,500
Net present value:
PV of annual net cash flows - Amount to be invested:
$282,900 + $549,900 + $801,900 + $1,039,500 - $911,100 = $2,674,200 - $911,100 = $1,763,100
Therefore, the net present value for the Wind Turbines project is $716,520, and for the Biofuel Equipment project is $1,763,100.
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The management of Advanced Alternative Power Inc. is considering two capital investment projects. The estimated net cash flows from each project are as follows:
Year Wind Turbines Biofuel Equipment
1 $280,000 $300,000
2 280,000 300,000
3 280,000 300,000
4 280,000 300,000
The wind turbines require an investment of $887,600, while the biofuel equipment requires an investment of $911,100. No residual value is expected from either project.
Present Value of an Annuity of $1 at Compound Interest
Year 6% 10% 12% 15% 20%
1 0.943 0.909 0.893 0.870 0.833
2 1.833 1.736 1.690 1.626 1.528
3 2.673 2.487 2.402 2.283 2.106
4 3.465 3.170 3.037 2.855 2.589
5 4.212 3.791 3.605 3.353 2.991
6 4.917 4.355 4.111 3.785 3.326
7 5.582 4.868 4.564 4.160 3.605
8 6.210 5.335 4.968 4.487 3.837
9 6.802 5.759 5.328 4.772 4.031
10 7.360 6.145 5.650 5.019 4.192
Required:
1. Compute the net present value for each project. Use a rate of 6% and the present value of an annuity of $1 in the table above. If required, round to the nearest dollar.
Wind Turbines Bio Fuel Equipment
Present value of annual net cash flows $ $
Less amount to be invested $ $
Net present value $ $
Match the examples with the types of goods.
To match them, click the example, and then click the type of good.
Unsought good
Omar buys a snack bag of chips that he noticed while
waiting in line at the store.
Joaquin pays for renters' insurance so that he will get
paid if his belongings are destroyed in an accident or
burglary
Convenience
impulse good
Jamie goes to the store to buy toothpaste.
Convenience
staple good
Wanda reads reviews of different video cameras to
decide what brand she wants, and then chooses the
store with the lowest price on that item.
Shopping good
Adriana only buys doughnuts from her favorite local
doughnut shop.
Specialty good
Answer:
Omar buys a snack pack of chips that he noticed while in line at the store - Convenience impulse good. Convenience impulse good are good which entices the consumer which leads to he making purchase without researching or thinking.
Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in accident or burglary - Unsought good. Unsought good are goods that the consumer has no prior knowledge on and usually purchased out of fear.
Jamie goes to the store to buy toothpaste - Convenience staple good. Convenience staple good are goods regularly consumed.
Wanda reads review of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item - Shopping good. Shopping good are goods purchased after consumer had compared its prices, quality in different store.
Adriana only buys doughnuts from her favorite local doughnut shop - Specialty good. Specialty good are goods which specific characteristics and benefit such that consumer has a reason for purchasing it.
Jose is hired to manage an unincorporated high-end fashion boutique owned by Samantha. The two agree that Jose will receive onethird of the net profits, which amount is to be paid to Jose on a monthly basis. Is Jose a partner in the business? Explain. Why or why not? If the boutique experiences a loss instead of a profit, would Jose have to share (split) the loss with Samantha
Yes I do agree that Jose is a partner in this business because he was hired to perform managerial duties.
Yes Jose would have to share in the lose because it would affect the earning that he was to get from the business.
What is a partnership?In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
A partnership is a type of business where two or more persons jointly own the company and are responsible for managing it and for any profits or losses it makes.
An agreement between two or more people to manage a business' operations and divide its assets and liabilities is known as a partnership. All partners in a general partnership corporation split the company's assets and debts equally.
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How can specialization benefit both producers and consumers in a free market economy?
We will derive a two-state call option value in this problem. Data: Se = $160, X= $170, 1+/=110. The two possibilities for Sy are $190 and $110. The portfolio consists of 1 share of stock and 4 calls short.
Required:
a. The range of Sis $80 while that of C is $20 across the two states. What is the hedge ratio of the call? (Round your answer to 2 decimal places.)
Hedge ratio
b. Calculate the value of a call option on the stock with an exercise price of $170. (Do not use continuous compounding to calculate the present value of Xin this example, because the interest rate is quoted as an effective per-period rate.) (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Call value
a. The hedge ratio of the call = (Change in the option price) / (Change in the stock price) = (C2 - C1) / (S2 - S1) = ($20 - $-20) / ($190 - $110) = 0.8.
b. Using the hedge ratio computed in part (a), the value of a call option on the stock with an exercise price of $170 can be calculated in both states. In the high state, the stock price is $190 and the call option would be exercised for a payoff of $20. In the low state, the stock price is $110 and the call option would not be exercised, giving a payoff of $0. Then, the expected call payoff is:
(0.5 × $20) + (0.5 × $0) = $10
The present value of the expected payoff using the effective interest rate is:
$10 / (1 + 1.1) = $4.54
Therefore, the value of the call option is $4.54.
What is 3 + 3 and 2 +2 What is 1 + 1
Answer:
3 +3 = 6
2 + 2 = 4
1 + 1 = 2
6, 4, and 2 are 3 + 3 and 2 +2, 1 + 1 respectively.
What is basic addition?Adding at least two integers together is considered basic addition. Once they have mastered counting, students can begin learning basic addition. Students can utilize an addition chart as a learning aid by starting at the row with the first addend and working their way down to it.
The addition is a mathematical operation that combines two or more numbers to give a total or sum. The symbol for addition is "+" and the numbers being added are called addends. For example, in the equation 3 + 3 = 6, 3 and 3 are the addends and 6 is the sum. The addition is one of the four basic arithmetic operations, along with subtraction, multiplication, and division. It is used extensively in many areas of mathematics, science, engineering, and everyday life.
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According to the video, what are some things that Human Resources Managers do? Check all that apply
oversee hiring and firing
purchase computers
distribute office supplies
develop training programs
develop personnel policies
develop pricing strategies
develop recruiting programs
Answer: A, D, E, G
Explanation: right on edge 2020
Answer:
1,4,5,7
Explanation:
Poppy most likely qualified for a zero interest auto loan because:
A. her credit-to-debt ratio is very high.
B. her credit-to-debt ratio is very low.
C. she applied during a special auto sale.
D. her credit card balance exceeds her current car loan payment.
Answer:
her credits to debt ratio is very low
Poppy most likely to be qualified for a zero interest auto loan because her credit to debt ratio is very low Option(b) is correct.
What is credit to debt ratio?Credit to debt ratio denotes the amount actually owed for revolving credit accounts as merely compared to the value of the credit available to you.
A good credit to debt ratio percentage should be below 30% always as considered which is actually for overall ratio and for a zero interest auto loan means credit to debt ratio is very low.
Therefore Option(b) is correct.
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A visual design that sends symbolic messages and promotes cultural stereotypes is a form of __________. corporate branding crisis management spin propaganda
A visual design that sends symbolic messages and promotes cultural stereotypes is a form of propaganda. The correct option is propaganda.
Propaganda is a technique used to manipulate or influence people's opinions or behavior by presenting biased or misleading information. In this case, the visual design is intentionally crafted to convey a particular message or idea that reinforces cultural stereotypes.
Propaganda is commonly used in advertising, politics, and media to sway public opinion or promote a particular agenda. However, using propaganda can be harmful if it perpetuates negative stereotypes or reinforces harmful biases. It can also lead to a backlash and negative perception of the company or brand that uses it.
Therefore, it is important for designers and marketers to be aware of the potential impact of their designs and messaging and ensure they are not promoting harmful stereotypes or contributing to social issues. A responsible approach to visual design and messaging can help companies build a positive brand image and foster a more inclusive society. The correct option is propaganda.
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Do you think Lance is right to be concerned about Leroy's plan for growth? Justify your answer.
Lance is right to be concerned about Leroy's plan for growth. Leroy's plan is not feasible, and Lance should communicate his concerns with Leroy.
Lance must convey his concerns to Leroy to assist him in developing a more feasible growth strategy. Leroy's plan is to double the size of his business within a year. It is a commendable goal, but the approach he has outlined is not feasible. Leroy is unable to raise the capital required for this growth strategy. He does not have the required cash reserves to finance the expansion, and acquiring the financing required for the expansion could result in high-interest rates. Leroy is also not ready to scale up his business.
He has inadequate staff and no systems or processes in place to ensure the smooth functioning of the business. He will need to employ more people, and he must have systems in place to manage these new employees effectively. Moreover, the market may not be ready for the company's growth. The company's sales growth may slow, leading to a decline in revenue. Leroy must do market research before scaling up his business. Lance should discuss all of these issues with Leroy and advise him on what to do next.
To summarize, Lance is justified in being concerned about Leroy's growth plan. It is critical for Leroy to recognize that scaling up his business would necessitate more than simply doubling its size. Leroy must reassess his goals and come up with a more realistic plan for growth.
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why is auditor important
Answer:
Auditors provide assurance of an organization's financial statements from an objective and independent opinion. It benifets the company by maintaining consistency, finding errors in their processing, or detecting fraud.
ACold Inc is a frozen food distributor with 10 warehouses across the country. Ivan Tory, one of the warehouse managers, wants to make sure that the inventory policies used by the warehouse are minimizing inventory while still maintaining quick delivery to ACold's customers. Since the warehouse carries hundreds of different products, Ivan decided to study one. He picked Caruso's Frozen Pizza (CFP). Average daily demand for CFPS is normally distributed with a mean of 423 and a standard deviation of 156. Since ACold orders at least one truck from their supplier each day. ACold can essentially order any quantity of CFP it wants each day. In fact, ACold's computer system is designed to implement an order-up-to policy for each product. Ivan notes that any order for CFPS arrives 3 days after the order. Suppose an order-up-to level of 2464 is used. What is the expected on-hand inventory?
Note that where the above conditions are given, the expected on-hand inventory for Caruso's Frozen Pizza at ACold Inc's warehouse is approximately 2097 units.
What is the explanation for the above?
To calculate the expected on-hand inventory for Caruso's Frozen Pizza (CFP), we need to consider the average daily demand, the lead time, and the order-up-to level.
Average daily demand for CFP - 423 units
Standard deviation of daily demand - 156 units
Order-up-to level - 2464 units
Lead time - 3 days
First, we need to calculate the safety stock, which is the buffer inventory needed to account for demand variability during the lead time.
Since demand follows a normal distribution, we can use a service level to determine the appropriate safety stock. Let's assume a service level of 95%, which corresponds to a z-value of 1.645.
Safety stock = z * standard deviation of daily demand * square root of lead time
= 1.645 * 156 * √3
= 366.79 units
Next, we can calculate the expected on-hand inventory using the order-up-to level and subtracting the safety stock.
Expected on-hand inventory = Order-up-to level - Safety stock
= 2464 - 366.79
= 2097.21 units
Therefore, the expected on-hand inventory for Caruso's Frozen Pizza at ACold Inc's warehouse is approximately 2097 units.
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Select all the correct answer.
What type of factor of production is a bulldozer?
Oland
O labor
O capital
O entrepreneur
Answer:
capital
Explanation:
bulldozer is bought with capital.
Why is it important for o evaluate your advertising campaign when it is complete?
Answer:
A well-documented evaluation of your campaign builds credibility and respect. It helps determine if your ads are hitting the target audience, and what are their opinions and feedback on it.
Explanation:
The evaluation of your advertisement campaign helps in enhancing transparency and the report showcases the achievements you have attained during this and also helps showcase the entire campaign to every key stakeholder. It helps in building trust across the various departments in the company and enables them to measure the strengths and weaknesses of the campaign, in order to adjust for future campaign drives.
cash payments for income taxes during the year ended december 31, 2022 were $172,000. income taxes payable decreased from $61,000 on january 1, 2022 to $44,000 on december 31, 2022. how much was income tax expense for the year ended december 31, 2022?
If income taxes payable decreased from $61,000 on january 1, 2022 to $44,000 on december 31, 2022. the amount of the income tax expense for the year ended december 31, 2022 is: $189,000.
How to find the income tax expense?First step is to find the decrease in income tax payable
Decrease in income tax payable = $61,000 - $44,000
Decrease in income tax payable = $17,000
Now let find the income tax expense
income tax expense = $172,000 +$17,000
income tax expense =$189,000
Therefore the income tax expense is $189,000.
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it takes reshmi 1 hour to clean one house and 3 hours to clean one car. what is reshmi's opportunity cost of cleaning 2 houses?
The opportunity cost of cleaning 2 houses for Reshmi is 2 hours.
What is cost?The cost of doing business can be broken down into three categories: fixed costs, variable costs, and overhead costs. Examples of fixed costs include rent, insurance, salaries, and loan payments. Variable costs are costs that fluctuate with production or sales levels. Examples of variable costs include materials, consumable supplies, and labor costs. Overhead costs are costs that are incurred in running the business, regardless of production or sales levels. Examples of overhead costs include utilities, marketing, and administration.
The cost of doing business can also be broken down into direct costs and indirect costs. Direct costs are costs that are directly related to the production of a product or service. Examples of direct costs include materials, labor, and transportation.
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The demand for a product for the last six years has been 15, 15, 17, 18, 20, and 19. The manager wants to predict the demand for this time series using the following simple linear trend equation: trt = 12 + 2t. What are the forecast errors for the 5th and 6th years?
0, −3
0, +3
+2, +5
−2, −5
−1, −4
The forecast errors for the 5th and 6th years, based on the given simple linear trend equation, are -1 and -4, respectively.
To calculate the forecast errors for the 5th and 6th years, we need to compare the actual demand values with the predicted values based on the simple linear trend equation.
- Demand for the last six years: 15, 15, 17, 18, 20, and 19.
- Simple linear trend equation: trt = 12 + 2t, where t represents the time period.
We can calculate the predicted demand for each year by substituting the corresponding time period (t) into the trend equation.
For the 5th year (t = 5):
tr5 = 12 + 2 * 5 = 12 + 10 = 22
For the 6th year (t = 6):
tr6 = 12 + 2 * 6 = 12 + 12 = 24
Now, we can calculate the forecast errors by subtracting the predicted demand from the actual demand for each year.
For the 5th year:
Forecast error = Actual demand - Predicted demand
= 20 - 22
= -2
For the 6th year:
Forecast error = Actual demand - Predicted demand
= 19 - 24
= -5
Therefore, the forecast errors for the 5th and 6th years are -2 and -5, respectively.
Hence, the correct answer is:
Forecast errors for the 5th and 6th years: -2, -5.
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"Modern technology is developed from local / traditional technology." Justify this statement
Explanation:
Modern technology would be things that we have today such as smart phones, tablets, gaming systems and computers. Traditional/Local technology would be things such as handicrafts that were made before things such as computers and new technology are inverted.The graph represents price and output quantities under a monopoly. What price will the monopolist firm set? A. $5 B. $10 C. $15 D. $20
The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function (because the demand function relates price and quantity).
The result is 15$ as the picture shows.
Answer:
Its C. $15
Explanation:
When you put a check you received in the bank, you have immediate access to the money.
True or False.
Answer:
this is true hope this helps
Explanation:
Elysha has a monthly gross income of $3,000 and a monthly debt load of $500. How can her debt-to-income ratio be classified?
Answer:
Her debt to income ratio is classified as favorable
Explanation:
The given information are;
Elysha's gross monthly income = $3,000
The amount she pays as debt each month = $500
Therefore, her debt to in to income ratio, DTI, is given as follows;
DTI = (Amount payed as debt)/(Gross income) = $500/$3,000 ≈ 0.167
We multiply by 100 to express the result as a percentage, to get;
0.167 × 100 = 16.7%
Given that her debt to income ration is less than 35%, her debt to income ratio is classified as favorable and she has a manageable debt.
Answer: Good—between 15 and 20 percent
Explanation: All you have to do is find what the different percents of 3,000 are and see which one is the closest.
2. Equity valuation (i) Derive the DDM (Dividend Discount Model) (10 marks) (ii) Discuss how to utilise this model to evaluate stock (20 marks) (iii) Let's say a corporation anticipates paying out a dividend of £2.50 per share over the course of the first two years of operation, and then anticipates that amount will increase by 12% over the course of the next four years. After the fourth year, the dividend payment increases at a consistent rate of 6% and then stabilises at 6% afterwards. What is the price of one share of this stock? (20 marks)
The Dividend Discount Model (DDM) is a method used to value stocks by estimating their intrinsic value based on the present value of expected future dividends.
Utilizing the Dividend Discount Model for stock valuationTo utilize the Dividend Discount Model (DDM) for stock valuation, the following steps can be taken:
Estimate future dividends: Forecast the expected dividends that the corporation will pay out over a specific period.
Determine the required rate of return (discount rate): The discount rate represents the expected return an investor would require for investing in the stock.
Calculate the present value: Apply the DDM formula to calculate the present value of the expected future dividends. Discount each dividend payment back to the present using the discount rate.
Sum up the present values: Add up the present values of all the expected future dividend payments. This sum represents the intrinsic value of the stock.
Compare intrinsic value with market price: Compare the calculated intrinsic value with the current market price of the stock.
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make a list of your resources
Answer:
water, air, wood, fire. is that what ur looking for
Explanation:
you won a free ticket to see an eric clapton concert (which has no resale value). bob dylan is performing on the same night and is your next-best alternative activity. tickets to see dylan cost $40. on any given day, you would be willing to pay up to $50 to see dylan. assume there are no other costs of seeing either performer. what is the opportunity cost of seeing the eric clapton concert?
Opportunity cost is defined as the loss of the next-best alternative activity; therefore, the opportunity cost of seeing Eric Clapton's concert rather than Bob Dylan's concert is $40. So, the correct answer is the first option: $40.
Opportunity cost can be defined as the value of the alternative options you give up when you make a choice. In this scenario, the opportunity cost of seeing Eric Clapton's concert is the value of the next-best alternative activity, which is Bob Dylan's concert.
The opportunity cost of seeing Eric Clapton's concert rather than Bob Dylan's concert is the value of the next-best alternative activity that is forgone. In this situation, the next-best alternative is seeing Bob Dylan, and the ticket price for his concert is $40.
Therefore, the opportunity cost of seeing the Eric Clapton concert is the cost of seeing Bob Dylan, which is $40. This implies that if you choose to go to the Eric Clapton concert, you will lose the opportunity to go to the Bob Dylan concert and will miss out on an enjoyable experience.
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Two profit-maximizing firms - Firm A and Firm B, have identical marginal cost curves and face identical demand. However, Firm A has a higher fixed cost than Firm B. What will be true about the output produced by the two firms?
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
Which of the following supports a combination of physical and non-physical formats for retailing? a. Department stores, b. Online retailers, c. Discount retailers, d. E-commerce
The retail format that supports a combination of physical and non-physical formats is department stores. Hence, the correct option is A.
Department stores typically operate brick-and-mortar stores as well as online channels, allowing customers to shop in whichever way they prefer. By offering a mix of physical and digital channels, department stores can cater to a wider range of customer preferences and shopping behaviors. Customers who prefer the convenience and immediacy of in-store shopping can visit a physical location, while those who prefer the flexibility and convenience of online shopping can order products online. In contrast, online retailers and e-commerce companies typically rely solely on non-physical formats, while discount retailers typically focus on physical stores.
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How external costs are example of market failure
Answer:
An external cost occurs when producing or consuming a good or service imposes a cost (negative effect) upon a third party. If there are external costs in consuming a good (negative externalities), the social costs will be greater than the private cost. The existence of external costs can lead to market failure.
Explanation:
Explain the statement below using at least 5 complete sentences. Punctuation, spelling, and grammar will be considered in the scoring of your response. "Just because you're good at something doesn't make it a strength!!"
Explanation:
The statement highlights the fact an activity we may consider ourselves good at may not necessarily strengthen us mentally.
Hence, it emphasizes the need for self-evaluation of the needs we are good at to see whether actually makes us happy.
For example, someone who is good at telling nice stories and yet discovers when they are involved in that activity they aren't happy.
This scenario rightly dipicts why one's strength is not determined by what they are good.
Therefore, we can say indeed, "Just because you're good at something doesn't make it a strength!!".
6. This paycheck method can have many fees associated with it (1 point)
Paper Paycheck
Direct Deposit
Payroll Card
Answer:
Paper Paycheck