Option (c), The competitive firm's long-run supply curve is that portion of the marginal cost curve that lies above the average total cost (ATC). This means that in the long-run, the firm will only produce at a price that is equal to or above its ATC.
What is a supply curve?A supply curve is a graph that shows the relationship between the price of a good and the quantity of the good that a producer is willing to supply. The supply curve is upward-sloping, indicating that producers are willing to supply more of a good at higher prices and less of the good at lower prices.
The competitive firm's supply curve
In a perfectly competitive market, the firm is a price taker. This means that the firm cannot affect the market price and must sell its goods at the prevailing market price. Therefore, the firm's marginal revenue (MR) is equal to the market price (P).
For the competitive firm, the short-run supply curve is its marginal cost (MC) curve above its average variable cost (AVC) curve. This means that the firm will only produce in the short-run if the market price is equal to or above its AVC.
However, in the long-run, the firm can adjust its plant size and enter or exit the industry. Therefore, the firm's supply curve in the long-run is its marginal cost (MC) curve above its average total cost (ATC) curve. This means that the firm will only produce in the long-run if the market price is equal to or above its ATC.
In conclusion, the competitive firm's long-run supply curve is that portion of the marginal cost curve that lies above the average total cost (ATC).
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Chef’s apron gas money food movies
Culinary knives car insurance electric bill dining out
Which label belongs over column D
Answer:I believe the answer is D. "want"
Explanation:
Answer:
cost
Explanation:
Which of the following, if true, would most strongly support the claim that national prosperity is increased by participation in international business?
Select one:
a. Individuals in advanced economies tend to set purchasing trends for consumers worldwide.
b. For most countries, levels of international trade have increased significantly in recent decades.
c. Countries that participate in international trade have higher GDPs than non-participating countries.
d. National literacy levels are strongly correlated with a country's degree of political freedom.
**Participation in international business** increases national prosperity when levels of international trade have significantly increased for most countries in recent decades.
Supporting this claim, the increase in international trade can lead to economic growth and improved living standards. As countries engage in international business, they gain access to new markets and resources, fostering innovation, technology transfer, and increased competitiveness. The exchange of goods, services, and ideas promotes specialization, allowing countries to focus on producing goods more efficiently. As a result, national prosperity is enhanced by the overall economic growth, job creation, and increased consumer choice. Therefore, the **significant increase in international trade** and the positive impact on national prosperity are strongly interconnected.
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Payroll records show employee earnings and any deductions from those earnings.
True
False
Entries for Direct Labor and Factory Overhead
Schumacher Industries Inc. manufactures recreational vehicles. Schumacher Industries uses a job order cost system. The time tickets from June jobs are summarized as follows:
Job 11-101 $4,640
Job 11-102 5,510
Job 11-103 6,612
Job 11-104 12,760
Job 11-105 18,270
Factory supervision 12,500
Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $23 per direct labor hour. The direct labor rate is $29 per hour.
a. Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank.
Work in Process
Factory Overhead
Wages Payable
Feedback
a.Increase the work in process for the direct labor and factory overhead for the indirect labor.
b. Journalize the entry to apply factory overhead to production for June. If an amount box does not require an entry, leave it blank.
Work in Process
Factory Overhead
Answer and Explanation:
The journal entries are shown below:
a.
Work in process inventory ($4,640 + $5,510 + $6,612 + $12,760 + $18,270) $47,792
Factory Overhead $12,500
Factory Wages $60,292
(being the factory labor cost is recorded)
b.
Work in process inventory ($47,792 ÷ 29 × 23) $37,904
To Factory Overhead $37,904
(being the factory overhead applied to production is recorded)
PLEASE HELP ASAP!!! I'll MARK BRAINLIEST!! FOR CAREER!!
1. Nara learned about prototyping, feedback, and testing as part of her biomedical engineer career. She is considering changing careers. Could she apply these concepts in a different career? Give one example of how Nara could use prototyping, feedback, and testing in a career.
2. Imagine you’re a human resources manager interviewing applicants for two jobs: IT security specialist and web developer. Could you hire one person to do both jobs? Why or why not? Describe the skills and personal qualities that candidates for each job should have.
3. If you work as a human resources manager, you’ll need a well-developed sense of empathy in order to succeed. How could you explain that part of your job to a new employee? Would empathy be important if you worked in a different career? Explain.
4. General contractors must make decisions based on ethics and safety. What other careers require people to follow safety regulations? Do the regulations protect the public, workers, companies, or a combination of these? How do the regulations compare to the safety guidelines you might follow in your everyday life, such as seat belt rules or lab rules in science class?
5. Helena is considering a new, full-time job at a construction company that’s part of a union. She’d make $20 per hour and earn a salary of about $40,000 per year. The union would charge her two and a half times her hourly wage. So her monthly union dues would be $50. What would her union dues be per year? Would it be worth it? Should she take the job? Explain why or why not.
Yes, Nara may use the ideas of testing, feedback, and prototyping in a different line of work.
What is prototyping?
Design teams experiment with, bring to life, and iterate on ideas through the process of prototyping, which can involve everything from digital designs to paper ideas. A prototype is fundamentally an early rendition of a design that enables users to engage with it or envision it before a finished product is created.
For instance, if Nara decided to pursue a career in software development, she might utilize prototyping to produce early iterations of the program and collect user input to enhance it. The program could then be tested to make sure it functions as intended and any problems could be fixed.
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During World War II, many American companies focused on manufacturing materials for military use;
following the war and a return to a peacetime economy there was a resurgence in marketing research.
From the list below, identify which research strategy was introduced following World War II.
O very short surveys
O motivational research
customer rewards
O opinion polling
O focus groups
O experimental testing of products by consumers
American businesses specializing in producing supplies for the government have used customer incentives, motivational studies, and very brief surveys.
What is motivational research?The phrase "motivation research" is used to describe a variety of qualitative research techniques that were created to delve into consumers' minds and elucidate the hidden or subliminal motivations and objectives driving everyday consumption and purchasing habits. Marketing professionals benefit in a variety of ways from motivation research. They are able to adjust their marketing by better understanding why customers may or may not purchase their goods. The target market for various goods and services can also be determined with its assistance. Any letter of motivation should start out simply, mentioning the program you're applying for. Describe your future project's clear career purpose in the first place, as well as your selection of this specific PhD program.To learn more about motivational research refer to:
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Fulbright County constructed a library in one of the county's high-growth areas. The construction was funded by a number of sources. Below is selected information related to the Library Capital Project Fund. All activity related to the library construction occurred within the current fiscal year. The county operates on a calendar-year basis. Required: Prepare a journal entry for capital projects fund and governmental activities at the government-wide level.
In the current fiscal year, Fulbright County constructed a library in a high-growth area, funded by various sources. The task requires preparing a journal entry for the Library Capital Project Fund and governmental activities at the government-wide level.
To provide a comprehensive answer, specific details regarding the funding sources and amounts involved in the library construction are required. However, in general, the journal entry for the Library Capital Project Fund would involve recording the sources of funding as credits to the fund's cash or revenue accounts, depending on the nature of the funds received. Simultaneously, the corresponding debits would be made to the appropriate accounts, such as construction expenditures or asset accounts, to reflect the capital project's costs or the acquisition of the library building.
At the governmental activities level in the government-wide financial statements, the journal entry would entail capitalizing the library building as a long-term asset, recognizing any related depreciation expenses, and reflecting the funding sources as revenues or grants received. These entries aim to accurately represent the financial impact of the library construction on the county's overall financial position and results of operations.
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A young investor willing to take moderate risk for above-average growth would be
most interested in:
Mutual funds
Single stocks
Real estate
Bonds
Answer:
Real estate or Bonds.
Explanation:
Because it says above average growth
a disadvantage of the corporate form of organization is that corporate stockholders are more exposed to personal liabilities in the event of bankruptcy than are investors in a typical partnership. group of answer choices true false
The statement "a disadvantage of the corporate form of organization is that corporate stockholders are more exposed to personal liabilities in the event of bankruptcy than are investors in a typical partnership." is false. It is because the corporation is make an easier for the firm to raise capital.
In the term of economic and business, A corporation generally can be defined as a business entity that is owned by its shareholder. The director of corporation is elected by shareholder to oversee the organization's activities. The corporation has an advantage where make an easier for the firm to raise capital. The corporation's stockholders are not subject to personal liabilities if the firm goes bankrupt and also because it is easier to transfer shares of stock than partnership interests.
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Simple Moving Average Forecast
Compute the sales forecast for the month of July using the 6-month simple moving average forecasting technique and the following data:
(Refer to Slide 31 in Chapter 02 -or- Pages 48 and 49 in the textbook)
Monthly sales for the RUOK Company for the last 6 months are as follows:
Month Units
January 54,000
February 66,000
March 48,000
April 54,000
May 60,000
June 72,000
The sales forecast for the month of July using the 6-month simple moving average technique is 59,000 units.
To compute the sales forecast for the month of July using the 6-month simple moving average technique, we need to calculate the average of the sales data for the last 6 months:
January: 54,000
February: 66,000
March: 48,000
April: 54,000
May: 60,000
June: 72,000
Sum of the sales data: 54,000 + 66,000 + 48,000 + 54,000 + 60,000 + 72,000 = 354,000
Average sales = Sum of sales data / Number of months
Average sales = 354,000 / 6 = 59,000 units
Therefore, the sales forecast for the month of July using the 6-month simple moving average technique is 59,000 units.
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Available-for-sale (AFS) debt investments are reported as O equity current assets O long-term assets O either current assets or long-term assets if the business expects to sell them within one year
Available-for-sale (AFS) debt investments can be reported as either current assets or long-term assets, depending on the business's expectation of selling them within one year.
Current Assets: If the business expects to sell the AFS debt investments within one year from the balance sheet date, they will be classified as current assets. Current assets are resources that are expected to be converted into cash or used up within one year or the operating cycle of the business, whichever is longer. The intent to sell the AFS debt investments within one year aligns with the nature of current assets.
Long-term Assets: If the business does not expect to sell the AFS debt investments within one year, they will be classified as long-term assets. Long-term assets are resources that are held for a period longer than one year and are not expected to be converted into cash or used up within the normal operating cycle of the business. The decision to hold the AFS debt investments for a longer term indicates their classification as long-term assets.
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Prodigious profit, llc, and other companies operate social media web sites, issue apps for mobile devices, obtain ad revenue from search engines, and sell directly to consumers from other sites. The privacy rights of the users of these products are frequently defined, not by the courts or legislatures, but by.
The privacy rights of the users of these products are defined by the companies that own the sites and the apps.
Most businesses create their own privacy laws; courts do not do it for them. These businesses choose what they will include in their corporate privacy after completing the manufacture or production of their goods. When the need arises, they also utilize this to combat imitations since they have established themselves as the legitimate manufacturer of the goods in question. Instead of the court enforcing privacy rights, Prodigious Profit, LLC and other businesses who manage social media platforms develop their own privacy rights.Thus the correct answer is sites and apps.
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You are really hungry and have been wanting to eat pizza all day. Instead of ordering a medium, you order a large. However, after about 4 slices, you don’t want anymore. This is an example of which factor?
Responses
diminishing personal value
diminishing personal value
substitutes
substitutes
buying power
buying power
diminishing marginal utility
The fact that you ordered a large pizza but after 4 slices, don't want anymore is an example of diminishing marginal utility.
What is diminishing marginal utility?Diminishing marginal utility refers to an economic principle that talks about how the utility or satisfaction that a person gets from each additional unit of an item increases at first, and then decreases.
For instance, the person was really hungry and then ordered a large pizza to be satisfied. But as they ate more slices, they were satisfied less and less and eventually ended up wanting no more slices of pizza.
In conclusion, this is diminishing marginal utility.
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___________ refers to finished goods that are produced prior to receiving a customer order.
Make-to-stock refers to finished goods that are produced prior to receiving a customer order. Manufacturer-specific inventory items include finished goods. There is no need to categorize or split retailers' inventory because everything is purchased in finished form. Merchandise refers to goods and products that have been purchased and are prepared for sale.
A good is bought and used as "raw material" to create a product. "Work in process" refers to a product that is only partially finished throughout the manufacturing process. A "finished good" is a product that has concluded manufacturing but has not yet been distributed or sold to the final consumer.
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Lisi Crichton operates a variety store. Her brother does custom welding and made some racks to hold videos. Lisi gave her brother $5,000 cash and did not get a bill. A similar rack was on display at a department store for $1,000. You are told to book an expense on the company financial statement for $5000. What will you book the amount for?
Answer:
$1,000
Explanation:
Fixed assets must be recorded at historic cost or purchase value. Their valuation is not affected by changes in market values, e.g. land might appreciate over time, but its historic cost will be used for accounting purposes.
In this case, Lisi doesn't have a bill to show the price of the rack, and since she paid in cash, she has no way of proving what she actually paid for it. In this case, in order to record the purchase of the rack you must use the fair market value of similar racks.
Imagine if someone could just say that they purchased things at X price but didn't get a bill, soon people would be recording buying pencils at $500 each because they are gorgeous and perfectly crafted.
a good intended for final use by consumers rather than business
Answer:
A consumer good is a product intended for final use by a consumer.
Explanation:
Consumer good: a good intended for final use by consumers rather than by businesses
place rock unit events in order.
3. (Note: The surface is not a layer. It is ground-level, complete with happy little trees.) \( \mathrm{A} 3 \) Homework \( - \) Unanswered Place the rock units events in order from oldest on bottom t
To place the rock unit events in order from oldest to youngest, we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers.
1. Homework: This event is the most recent one as it is mentioned last in the given list.2. A3: This event is mentioned before Homework, suggesting that it occurred earlier than Homework.3. Unanswered: This event is mentioned before A3, indicating that it happened before A3.Therefore, the correct order from oldest to youngest is: Unanswered → A3 → Homework.we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers, the youngest rocks are on top, while the oldest rocks are at the bottom.
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the old soviet union offered an example of an economy in which government planners determine both the prices of goods and the amounts of the goods that are produced. which term refers to this type of economy?
Nonmarket economy (A nonmarket economy relies on authorities planners to decide each the prices of items and the amounts that are produced. The historic Soviet economy is a ideal example, since the authorities owned and operated the fundamental ability of production.
What is a non market economy?(A) In widespread The time period “nonmarket financial system country” capability any foreign usa that the administering authority determines does not operate on market standards of fee or pricing structures, so that sales of merchandise in such country do now not mirror the fair value of the merchandise.
What is the example of non marketing?The output of the non market activities is neither for sale in the market nor for earning profit. These things to do can be for consumption and processing of predominant products for one's very own use. Example : A farmer cultivates particularly for himself and his family and not for earning profit.
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https://brainly.com/question/25754149#SPJ4which research source needs to be carefully vetted to determine the expertise of the writer?
The research source that needs to be carefully vetted to determine the writer's expertise is "online blogs."
This is because online blogs can be created and written by anybody.
Using the findings or posts from blogs as a research source can be detrimental because it might be written based on opinions or someone else that has no adequate knowledge of the subject matter.
Therefore, to confirm the reliability of the post or materials on blogs, one needs to vet the writer's expertise carefully to know if the writer has adequate knowledge or authority about the topic.
Hence, in this case, the correct answer is "online blogs."
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If the X series denote experience and Y series denote performance and values of X series are 16, 12, 8, 9, 18, 9, 11, 16, 15, 3 and Y series are 23, 22, 24, 18, 16, 15, 28, 18, 25, 24. Find Karl Pearson's coefficient of correlation.
Answer:
-0.2245
Explanation:
Given the data :
X series :
16
12
8
9
18
9
11
16
15
3
Y series :
23
22
24
18
16
15
28
18
25
24
Using technology, the correlation coefficient value for the model whose data is given above is - 0.2245 which depicts that a weak negative relationship exists between the X series values varibale and Yseries variable. Our conclusion was inferred from the fact that - sign denotes negative and values close to zero denotes a weak association between the plotted variables.
then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
What does indigenous technology mean?
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
upland motors recently paid a $1.48 per share annual dividend. dividends are expected to increase by 2.5 percent annually. what is one share of this stock worth today if the appropriate discount rate is 14 percent? $12.87 b. $13.04 c. $14.16 d. $13.19 e. $12.25
Option d. $13.19 is the correct answer. The current price of the share of Upland Motors is $13.19
The dividend discount model (DDM) is one of many methods analysts use to value a stock. This method is based on the theory that the stock is the present value of all its future dividends. Instead of using free cash flows to value a company (like the discounted cash flow model (DCF) does), this method uses the net present value of future dividends.
We can use the DDM to calculate the current price of the stock:
Current Price = Dividend / (Discount Rate - Growth Rate)
First, we need to calculate the first dividend, which is $1.48 plus a 2.5% growth rate
1.48 * (1 + 0.025) = 1.48 * 1.025 = 1.517
Now you can solve for the current price:
Current Price = Dividend / (Discount Rate - Growth Rate)
1.517 / (0.14 - 0.025) = 13.1913043478 = $13.19
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Which of the following is not a requirement of a valid deed?
a. The signature of the county clerk or other designated government official is required.
b. The names of both parties must be included.
c. All of the selections are requirements of a valid deed.
d. A proper description of the property is required
The correct answer is option c. All of the selections are requirements of a valid deed.
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All of the selections are requirements of a valid deed. This is not the requirement of valid deed.
a. The signature of the county clerk or other designated government official is required.
This is a requirement of a valid deed. When a deed is signed by the county clerk or another designated government official, it provides legal recognition and authenticity to the document.
b. The names of both parties must be included.
This is also a requirement of a valid deed. Including the names of both parties involved ensures clarity and identifies who is transferring the property and who is receiving it.
c. All of the selections are requirements of a valid deed.
This statement is incorrect. Not all of the selections are requirements of a valid deed. We need to find an option that is not a requirement.
d. A proper description of the property is required.
This is also a requirement of a valid deed. A proper description of the property helps identify the specific piece of land or real estate being transferred.
So, the correct answer is c. All of the selections are requirements of a valid deed.
Therefore, a valid deed requires the signature of a county clerk or designated official, the inclusion of both parties' names, and a proper description of the property.
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The sector tends to be the biggest sector in developed economies.
Answer:
Tertiary economic sector.
Explanation:
In economics, the tertiary economic sector is the one in which, after the extraction of raw materials and the production of goods, said goods or the services associated with said goods are traded in the market. Thus, the tertiary sector mainly encompasses retail marketing and the provision of services, such as banking, tourism or health benefits, among many others. It is, in short, the sector in which the goods produced enter the market, giving them an added value for its usefulness.
introduce national employment with its importance and examples
Answer:
national employment. Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
Explanation:
Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
consider the following data: time estimates (days) activity precedes optimistic most likely pessimistic start a,b,c - - - a d 38 50 62 b e 90 99 108 c end 185 100 115 d f 19 25 31 e end 91 100 115 f end 62 65 68 what is the estimated expected (mean) time for activity c?
The estimated expected (mean) time for activity C is approximately 102.5 days.
The formula for estimating the expected time using three-point estimation is:
Expected Time = (Optimistic + 4 × Most Likely + Pessimistic) ÷ 6
For activity C, the time estimates are as follows:
Optimistic time (a): Not provided
Most likely time (m): Not provided
Pessimistic time (b): Not provided
However, we can calculate the estimates for activity C based on the information provided.
Optimistic time (a): Not provided
Most likely time (m): 100
Pessimistic time (b): 115
Using the formula, we can calculate the estimated expected time for activity C:
Expected Time = (Optimistic + 4 × Most Likely + Pessimistic) ÷ 6
= (a + 4m + b) ÷ 6
= (100 + 4 * 100 + 115) ÷ 6
= (100 + 400 + 115) ÷ 6
= 615 / 6
= 102.5
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newhard company assigns overhead cost to jobs on the basis of 115% of direct labor cost. the job cost sheet for job 313 includes $24,415 in direct materials cost and $10,900 in direct labor cost. a total of 1,450 units were produced in job 313. required: a. what is the total manufacturing cost assigned to job 313? b. what is the unit product cost for job 313?
According to the question, the cost will be:
a) The total manufacturing cost assigned to job 313 is $33,849.15.
b) The unit product cost for job 313 is $23.35.
What is cost?
Cost is the amount of money that must be paid in exchange for a product or service. It is the total expense associated with obtaining, using, and disposing of a good or service. Cost can be measured in monetary terms, but it can also encompass the time and effort required to acquire the good or service.
A.This is calculated by adding the direct materials cost ($24,415) to the direct labor cost ($10,900) and then multiplying the sum of these two ($35,315) by 115% to get the total manufacturing cost of $33,849.15.
B. This is calculated by dividing the total manufacturing cost assigned to job 313 ($33,849.15) by the total number of units produced in job 313 (1,450) to get the unit product cost of $23.35.
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1. The formula for continuously compounded interest is A = Pe^rt, where A is the amount of money in the account, P is the initial investment, r is the interest rate, and t is the time in years. Using the formula, determine, to the nearest dollar, the amount in the account after 8 years if $750 is invested at an annual rate of 3%
Answer:
the amount in the account after 8 years is $954
Explanation:
The computation of the amount in the account after 8 years is shown below"
Given that
The formula for continuously compound interest is
Amount = Principal e^(rate) (time period)
= $750 × e^(0.03)(8)
= $954
Hence, the amount in the account after 8 years is $954
The same is to be considered by applying the above formula
active/passive she is watering the plants
Answer:
active
Explanation:
she "is" means she is currently watering the plants. if it was passive it would have been like this, "she watered the plants".