What are the z scores associated with the following probabilities toward the tail in a normal distribution? a) .4013
b) .3050
c) .0250
d) .0505
Answers
The z scores of the possibilities are as follow : a) 0.65, b) 0.54, c) -1.96, d) ~ 1.64
To find the z-scores associated with specific probabilities toward the tail in a normal distribution, we can use a standard normal distribution table or a statistical calculator. The z-score represents the number of standard deviations away from the mean a particular value is.
a) To find the z-score associated with a probability of .4013 (or 40.13%), we can look up the closest value in the standard normal distribution table. The closest value is 0.65. Therefore, the z-score is approximately 0.65.
b) For a probability of .3050 (or 30.50%), the closest value in the table is 0.54. Hence, the z-score is approximately 0.54.
c) The probability of .0250 (or 2.50%) corresponds to the z-score of approximately -1.96.
d) Lastly, the probability of .0505 (or 5.05%) corresponds to the z-score of approximately 1.64.
These are approximate values based on standard normal distribution tables.
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Related Questions
An intangible benefit is called a
a) commodity
b) Service
c) market
d) goods
Answers
A
Explanation:
using the internet and the process of elimination, A is your answer
ANSWER:
B.CORRECT IF IM WRONG
BUT IM SURE THAT
The level of difficulty a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is:.
Answers
The difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.
What is vertical integration?It should be noted that vertical integration simply means the process of acquiring business operations towards identical production.
In this case, the difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.
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Conceptual skills refer to the ability to deal effectively with other people, both inside and outside the organization. True or false?.
Answers
The given statement is False.
Conceptual abilities seek advice from the potential to deal effectively with different people, each outside and inside the corporation. The ability to see the massive image is at the coronary heart of a supervisor's interpersonal abilities. The capability to jot down and speak efficiently within a company is an instance of interpersonal abilities.
Conceptual competencies consist of the capability to view the organization as a whole, recognize how the various parts are interdependent, and examine how the business enterprise relates to its outside environment. these capabilities allow managers to evaluate conditions and develop alternative courses of action.
those capabilities are critical in the place of the job due to the fact they allow experts to suppose and work through abstract ideas and provide you with multiple answers to complex problems. Conceptual capabilities additionally allow humans to understand how diverse elements of an organization work together to reach common desires.
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barret company recorded depreciation on a machine costing $18,000 for 9 years at the rate of $1,200 per year. if it sells the machine in the middle of the tenth year for $7,000, barret records depreciation to the date of sale. record the entry to record the sale of the asset:
Answers
To record the sale of the asset for Barret Company, we will first need to calculate the accumulated depreciation to the date of sale and then create the journal entry.
Here are the steps:
1. Calculate accumulated depreciation for 9 years:
Depreciation per year: $1,200
Years of depreciation: 9
Accumulated depreciation: $1,200 * 9 = $10,800
2. Calculate depreciation for half of the 10th year (since the machine is sold in the middle of the year):
Depreciation per year: $1,200
Depreciation for half a year: $1,200 * 0.5 = $600
3. Calculate the total accumulated depreciation to the date of sale:
Accumulated depreciation for 9 years: $10,800
Depreciation for half of the 10th year: $600
Total accumulated depreciation: $10,800 + $600 = $11,400
4. Calculate the book value of the machine at the date of sale:
Cost of machine: $18,000
Total accumulated depreciation: $11,400
Book value: $18,000 - $11,400 = $6,600
5. Calculate the gain or loss on the sale of the machine:
Sale price: $7,000
Book value: $6,600
Gain on sale: $7,000 - $6,600 = $400
6. Record the journal entry for the sale of the asset:
Debit: Accumulated Depreciation - Machine: $11,400
Debit: Cash: $7,000
Debit: Gain on Sale of Machine: $400
Credit: Machine: $18,000
This journal entry records the sale of the machine, removing it from the books, and recognizing the gain on the sale.
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Which is the most important decision factor in transportation?
A.capacity
B. Cost
C.capability
D.reliability
Answers
Read the following situation and decide whether or not anyone in the situation commits sexual harassment. Justify your judgement: “Kylie is Hector’s boss. Hector is attracted to Kylie and asks her on a date. Kylie, although flattered, turns Hector down. He feels a little hurt, but doesn’t bring it up again. Kylie, speaking with both male and female coworkers, describes Hector’s proposal and makes a joke about the lack of romantic prospects in his future. Hector hears about this conversation a week later.”
Answers
Answer:
Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.
Explanation:
on e2020
Answer:
Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.
Explanation:
With vividly examples explain how commerce complete process
Answers
Answer:
Vividly examples explain commerce complete process is described below in complete details.
Explanation:
Commerce suggests the purchasing and merchandising of goods and services for cash or in character. It is a division of the business. It incorporates all the methods that have to do with the replacement of commodities and services. ... Some statisticians, however, say that it encompasses all business activities and employment.
Assume a company is considering buying 10,000 units of a component part rather than making them. A supplier has agreed to sell the company 10,000 units for a price of $40 per unit. The company's accounting system reports the following costs of making the part:
Per Unit 10,000 Units per Year
Direct materials $ 18 $ 180,000
Direct labor 12 120,000
Variable manufacturing overhead 2 20,000
Fixed manufacturing overhead, traceable. 8. 80,000
Fixed manufacturing overhead, allocated 4. 40,000
Total cost$ 44. $ 440,000
Three-fourth's of the traceable fixed manufacturing overhead relates to supervisory salaries and the remainder relates to depreciation of equipment with no salvage value. If the company chooses to buy this component part from a supplier, then the supervisor who oversees its production would be discharged. What is the financial advantage (disadvantage) of buying 10,000 units from the supplier?
Answers
The financial advantage of buying 10,000 units from the supplier is $40,000. The company would save $40,000 by purchasing the component part instead of making it internally.
To calculate the financial advantage or disadvantage of buying 10,000 units of the component part from the supplier, we need to compare the total cost of making the part internally with the cost of purchasing it from the supplier.
Total cost of making the part internally:
Direct materials: $18 per unit * 10,000 units = $180,000
Direct labor: $12 per unit * 10,000 units = $120,000
Variable manufacturing overhead: $2 per unit * 10,000 units = $20,000
Fixed manufacturing overhead, traceable: $8 per unit * 10,000 units = $80,000
Fixed manufacturing overhead, allocated: $4 per unit * 10,000 units = $40,000
Total cost of making the part = $180,000 + $120,000 + $20,000 + $80,000 + $40,000 = $440,000
Cost of buying 10,000 units from the supplier:
Price per unit from the supplier: $40 per unit * 10,000 units = $400,000
To calculate the financial advantage or disadvantage, we subtract the cost of buying from the cost of making:
Financial advantage/disadvantage = Cost of making - Cost of buying
= $440,000 - $400,000
= $40,000
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what are creative unique products example flying water bottle plz don’t give me actual already made products
Answers
Need any more ideas?
(b) Nowadays, lean and agile manufacturing could be considered as the basis towards achieving competitive advantage and survival of a company. i. Differentiate three (3) principles between the concept of lean and agile manufacturing. (6 marks) ii. Summarize the concept of agile manufacturing using PQ Model of Production, where P is product variety, while Q denotes quantity. (4 marks)
Answers
The PQ Model of Production in agile manufacturing highlights the importance of finding the right balance between product variety and quantity to meet customer demands and achieve business success.
(i) Differentiating three principles between the concept of lean and agile manufacturing:
1. Focus: Lean manufacturing primarily focuses on eliminating waste and improving efficiency throughout the production process. It aims to create a streamlined flow of value to customers by minimizing non-value-added activities. On the other hand, agile manufacturing focuses on flexibility and responsiveness to changing customer demands. It emphasizes the ability to quickly adapt and customize products to meet customer needs.
2. Approach: Lean manufacturing follows a systematic and incremental approach to process improvement, often using tools like Kaizen and Six Sigma. It emphasizes standardization, continuous improvement, and reducing variability. Agile manufacturing, on the other hand, embraces a more iterative and adaptive approach. It encourages experimentation, collaboration, and rapid decision-making to address dynamic market conditions.
3. Customer Orientation: Lean manufacturing focuses on meeting customer requirements efficiently while reducing costs. It aims to achieve customer satisfaction through timely delivery and high-quality products. Agile manufacturing takes customer orientation a step further by actively involving customers in the product development process. It emphasizes co-creation and customer feedback to ensure that products meet evolving customer needs.
(ii) Summarizing the concept of agile manufacturing using the PQ Model of Production:
The PQ Model of Production refers to the trade-off between product variety (P) and quantity (Q) in manufacturing. In the context of agile manufacturing, the focus is on balancing product variety and quantity to achieve flexibility and responsiveness.
Agile manufacturing recognizes that customers' demands for product variety are continuously changing. To address this, agile manufacturers prioritize the ability to offer a wide range of customized products (high P) while maintaining efficient production processes. They achieve this by leveraging technologies such as flexible manufacturing systems, modular designs, and rapid prototyping.
At the same time, agile manufacturers also need to ensure that they can produce products in the desired quantities (high Q) efficiently. This requires effective production planning and control systems that can quickly adjust production volumes based on demand fluctuations.
By balancing product variety and quantity effectively, agile manufacturers can achieve a competitive advantage by offering customized products while maintaining cost-effectiveness and operational efficiency.
Overall, the PQ Model of Production in agile manufacturing highlights the importance of finding the right balance between product variety and quantity to meet customer demands and achieve business success.
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The conversion factor (CF) is a national dollar amount that is applied to all services paid on the basis of the ____________________.
Answers
the Medicare Fee Schedule
The conversion factor (CF) is a national dollar amount that is applied to all services paid on the basis of the Medicare fees.
What is conversion factor?The conversion factor which is basically a mathematical ratio that expresses the relationship between two different units of measurement for the same quantity.
It is used to convert one unit of measurement to another equivalent unit of measurement. For example, the conversion factor between inches and centimeters is 2.54, meaning that 1 inch is equivalent to 2.54 centimeters.
Conversion factors are often used in scientific and engineering calculations, where measurements are expressed in different units.
On the basis of the Medicare fees, the conversion factor (CF) which is a national dollar amount is applied.
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explain how businesses benefit from giving back to the community.
Answers
Giving back to the community can help businesses to improve their reputation and brand image, increase employee engagement and satisfaction, build stronger relationships with customers and create new business opportunities. There are several ways in which businesses can benefit from giving back to the community.
Corporate social responsibility (CSR) initiatives can help to improve a business's reputation and brand image. When a business is seen as a good corporate citizen, it can attract and retain customers, employees, and investors who value social responsibility. This can also help to differentiate a business from its competitors and create a positive image in the community.Giving back to the community can also help to create a sense of purpose and increase employee engagement and satisfaction. When employees see that their employer is making a positive impact on the community, they are more likely to feel proud to be associated with the company and to be more engaged in their work.Businesses can also benefit from giving back to the community by building stronger relationships with their customers. When customers see that a business is actively involved in the community, they are more likely to feel a stronger connection to the company and to be more loyal to the brand.Giving back to the community can also help to create new business opportunities. By getting involved in community projects, businesses can learn more about the needs of the community and identify new business opportunities that align with those needs.To learn more about CSR:
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what information do the people of east and west egg know and not know about gatsby?
Answers
The East Egg is the location where people who were born rich live, while the West Egg is the location where people who have recently become rich live in the book "The Great Gatsby." The East Egg stands in for the Buchanans, who inherited their wealth.
The West Egg for Gatsby, who has new money, and The Valley of Ashes for the plight of the underprivileged, such as George Gatsby. Within the upper class, socioeconomic distinctions are divided into the West Egg and the East Egg. The east egg represents old money and people whose wealth has been accumulated over many generations.
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If you find yourself part of a team at work, what is the best way to behave during a team meeting
Answers
Answer:Stay focused on topic and make sure your contributions are relevant
Explanation: trust me
In 5 years Harry and Sally would like to have $16,000.00 for a down payment on a house. How much should they deposit each month into an account paying 9% compounded monthly? $ Note: You are in the Reduced Scoring Period: All additional work done counts 80% of the original.
Answers
Harry and Sally should deposit approximately $235.62 each month into an account paying 9% compounded monthly to have $16,000 in 5 years for a down payment on a house.
To calculate the monthly deposit required to reach a certain amount in a given time period with a specific interest rate, we can use the formula for the future value of an annuity due. The formula is as follows:
\(FV = PMT × (((1 + r/n)^(n×t) - 1) / (r/n)) × (1 + r/n)\)
Where:
FV = future value of the investment = $16,000
PMT = monthly payment
r = annual interest rate = 9% = 0.09
n = number of times the interest is compounded per year = 12
t = number of years = 5
Substuting the given FV, r, n, and t values in the equation we get,
\(FV = PMT × (((1 + r/n)^(n×t) - 1) / (r/n)) × (1 + r/n)\)
\(PMT = FV / ((((1 + r/n)^(n×t) - 1) / (r/n)) × (1 + r/n))\)
=\(16000 / ((((1 + 0.09/12)^(12×5) - 1) / (0.09/12)) × (1 + 0.09/12))\)
= $235.62
Therefore, Harry and Sally should deposit approximately $235.62 each month.
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In your own words, how do you apply for scholarships
Answers
For a monopolist that does not price discriminate, economic profit is maximized in the short run at a price of $140. Marginal revenue at that output level is Group of answer choices equal to $140. greater than $140. less than $140. less than marginal cost. greater than average revenue.
Answers
According to the fdic community banks have less than what in assets than most cases
Answers
According to the FDIC, community banks have less than $ 10 million in assets in most cases.
An asset refers to economic or financial bonds that can act as benefits and rewards in the future. A community bank refers to a banking institution that is locally owned and looked over. It is not an official banking system. The local community looks after the finance, transactions, and loans.
FDIC stands for Federal Deposit Insurance Corporation. It looks after the supply of insurance deposits and looks after the safety and security of the deposits. This institution works with two agencies- American depository institutions and the National Credit Union Administration.
According to the definitions created by FDIC, any bank containing less than $ 10 million in assets is known as a community bank.
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Assume the following information concerning a two-stock portfolio:
Stock X Stock Y
Percent of Portfolio 52% Please calculate it
Average annual return 13% 8%
Standard deviation of returns 10.09% 10.15%
Covariance of returns 25.87
Calculate the correlation coefficient of Stocks X and Stock Y .
Round the answers to four decimal places.
Answers
The question asks to calculate the correlation coefficient between Stock X and Stock Y in a two-stock portfolio. The given information includes the percentage of the portfolio allocated to each stock, their average annual returns, standard deviations of returns, and covariance.
The correlation coefficient measures the strength and direction of the linear relationship between two variables. In this case, we need to calculate the correlation coefficient between Stock X and Stock Y using the provided information.
The correlation coefficient can be calculated using the formula:
Correlation coefficient = Covariance / (Standard deviation of Stock X * Standard deviation of Stock Y)
By plugging in the values of covariance and the standard deviations of Stock X and Stock Y, we can calculate the correlation coefficient. It is important to round the answer to four decimal places as specified.
The correlation coefficient ranges between -1 and +1. A positive value indicates a positive linear relationship, while a negative value indicates a negative linear relationship. A correlation coefficient of zero suggests no linear relationship between the variables.
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The following data are for Lily Kay Company. Total sales revenue $250,000 Number of units sold 50,000 units Contribution margin per unit $3.50 Fixed costs $100,000 Calculate the number of units that must be sold to generate net income of $80,000.
Answers
Answer:
the number of units that generated net income is 51,429 units
Explanation:
The computation of the number of units that generated net income is shown below:
Here we have to find the break even point i.e. shown below:
= (Net income + fixed cost) ÷ (contribution margin per unit)
= ($80,000 + $100,000) ÷ ($3.50)
= 51,429 units
hence, the number of units that generated net income is 51,429 units and the same is to be considered
The ___________ is the only price where quantity demanded is equal to quantity supplied. Group of answer choices equilibrium price horizontal axis intercept vertical axis intercept market price Flag this Question Question 142 pts The downward slope of the demand curve again illustrates the pattern that as _____________ rises, _________________ decreases. Group of answer choices
Answers
Answer:
Equilibrium price; price; quantity demanded.
Explanation:
Demand can be defined as the amount or quantity of goods and services that are being desired or required by the consumers and that they are willing to pay a price for.
The law of demand states that there is a negative relationship between the price of a good and the quantity of the good demanded.
This ultimately implies that, when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.
Hence, the equilibrium price is the only price where quantity demanded is equal to quantity supplied. This is simply the point where there is an agreement between the quantity of goods produced by the manufacturer and the quantity of goods desired by the consumers, thus, both the desires of the producer and consumers are in sync.
The downward slope of the demand curve again illustrates the pattern that as price rises, quantity demanded decreases. This ultimately implies that, when the price at which a manufacturer, wholesaler or retailer increases, the quantity of goods demanded by the consumer would decrease and vice-versa.
Answer:
the correct answer is equilibrium price
Explanation:
(econ1101)
Marilyn wants to use a non-price competitive marketing strategy to gain more customers. Which of the following might she use?
Answers
Answer:
promotion or higher prices
what do you mean by Business Risk ??
Answers
Answer:
Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Anything that threatens a company's ability to achieve its financial goals is considered a business risk.
Explanation:
hope it is helpful for you keep smilingAnswer:
hi r u Korean
Explanation:
I love koreans
when sales revenue is chosen as an organizational goal, a firm:
Answers
When sales revenue is chosen as an organizational goal, a firm focuses on maximizing its revenue generation through the sale of products or services.
When a firm selects sales revenue as its organizational goal, it prioritizes generating high revenue from its sales activities. This goal emphasizes the importance of increasing sales volume and maximizing the monetary value of those sales. The firm may employ various strategies such as aggressive marketing, pricing strategies, expanding distribution channels, or introducing new products to achieve higher sales revenue. By focusing on sales revenue, the firm aims to enhance its financial performance and profitability. However, it's important to note that revenue alone may not guarantee long-term success, as factors like profitability, customer satisfaction, and market share also play vital roles in overall organizational performance.
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Using your savings to buy something you think will increase in value is known as.
Answers
Using your savings to buy something you think will increase in value is known as investing.
Ways to invest savingsIf you have savings that you want to multiply, it is best to invest them in various assets that have been appreciated over time. Among the alternatives to investing, the following stand out:
Gold is a demanded good that has been appreciated. Also, gold can sell quickly if you need the money.Collectible and classic cars increase their value over time if they are in good condition and are design icons in the automobile industry.Art objects are in high demand depending on their originality, and antiquity. Their value will increase as the artist is more recognized.Learn more about savings and investments here:
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What are three advantages of attending a community job fair? You can fill out job applications. You can decide whether you like the company by meeting the people. You can hand in your résumé. You can talk to a recruiter or hiring manager.
Answers
Answer:
You can fill out job applications.
You can hand in your résumé.
You can talk to a recruiter or hiring manager.
Explanation:
The events organized to discover and explore the employers and the job seeking candidates at a platform. The interested hiring committee and the job seekers meet a point where they find opportunity to seek jobs. This process helps in minimizing the efforts and time of both the employers and the candidates. The instant job offer is the biggest advantage of the fair. The candidates can hand their resume directly to the recruiters and have direct word with them.
Which of the following is not a positive impact of globalization?
Increased cooperation between countries.
Loss of jobs in the home country.
Increased competition leads to more efficiently run businesses.
Wider variety of products available to consumers.
Answers
Answer:
Loss of jobs in the home country
Explanation:
Losing jobs is a bad impact that multiple things including globalization can have.
I hope this helps :D
____allows a firm to increase profits and better match supply and demand if the firm produces a large variety of products whose demand is unpredictable, not positively correlated, and is of about the same size.
Answers
One strategy that allows a firm to increase profits and better match supply and demand if the firm produces a large variety of products whose demand is unpredictable, not positively correlated, and is of about the same size is called revenue management. Revenue management is the process of setting prices to maximize profits in situations where demand is uncertain.
For firms with a diverse product portfolio, revenue management can help them optimize pricing and allocation of inventory across their products to balance supply and demand. This strategy involves using data analytics to forecast demand and adjusting prices based on demand fluctuations.
However, implementing revenue management requires significant investment in data analytics and pricing technology. It also requires careful consideration of pricing strategies to avoid alienating customers or driving them to competitors. Additionally, revenue management can be a complex and ever-changing field, as demand patterns and pricing strategies continually evolve.
In summary, revenue management can be an effective strategy for firms with unpredictable demand and a diverse product portfolio to increase profits and better match supply and demand. However, it requires careful planning, investment, and ongoing management to be successful.
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ABC has an investment equal to 30% of the voting shares of XYZ. In 2022, XYZ reported net income of $400,000 and paid dividends of $80,000. What is the effect of this information on ABC's Income and Expenses and Cash Flow statements?
Assume that ABC presents cash flow from operating activities using the indirect method and that its net income, including investment income in XYZ, was $900,000. What adjustment should ABC make to net income in the operating activities section of the Statement of Cash Flows? Ignore taxes.
a.
It will add up to $24,000.
b.
You will add the difference between $120,000 and $24,000.
c.
You will subtract the difference between $120,000 and $24,000.
d.
You will subtract $120,000.
Answers
The effect of this information on ABC's Income and Expenses and Cash Flow statements would be that it will subtract the difference between $120,000 and $24,000. Option c.
XYZ reported a net income of $400,000 and paid $80,000 in dividends in 2022. On the other hand, ABC owns a stake in XYZ equivalent to 30% of the voting shares. Because ABC has a 30% stake in XYZ, it would record $120,000 (30% of $400,000) in investment income on its income statement, along with any dividend income it received ($80,000).
Therefore, ABC's total investment income from XYZ would be $200,000. Assume that ABC uses the indirect method to present cash flow from operating activities and that its net income, which includes investment income in XYZ, was $900,000. The difference between net income and the total investment income from XYZ ($900,000 - $200,000) is $700,000.
As a result, this sum must be changed to reflect the actual cash flow from operating activities in the operational activities section of the Statement of Cash Flows. The adjustment that ABC should make to net income in the operating activities section of the Statement of Cash Flows is that it will subtract the difference between $120,000 and $24,000. Answer: c. The difference between $120,000 and $24,000 will be subtracted.
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Which of the following strategies can a country use to keep its products inexpensive for consumers in the U.S.?
Answers
Answer:
produce more
Explanation:
the less you have of something the more its gonna be worth