A perfectly inelastic demand curve is one where the quantity demanded does not change in response to a change in price.
This means that no matter how much the price of a product increases or decreases, the quantity demanded remains the same. In graphical terms, a perfectly inelastic demand curve is a vertical line, since changes in price do not affect the quantity demanded.
The reason for a perfectly inelastic demand curve is that consumers have no substitute goods or services that they can easily switch to. This can happen when a good is a necessity or when there are no close substitutes available in the market. In such cases, consumers are willing to pay any price for the good, since they have no other options.
It is important to note that perfectly inelastic demand is a theoretical concept and is rarely found in real-world markets. However, some goods such as life-saving medicines, certain types of healthcare, and essential utilities can come close to exhibiting perfectly inelastic demand.
In summary, a perfectly inelastic demand curve is a vertical line that indicates that changes in price do not affect the quantity demanded. This occurs when there are no close substitutes for a good or service.
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Select the correct text in the passage.
What sentences in the following passage indicate increased expenses for developing the advertisement?
An exercise equipment company decided to create demand for its latest plece of equipment through a TV commercial. For this purpose, it hired
an ad agency reputed for its creative skills. This agency pitched five different concepts to its client. After an extensive internal discussion, the
client gave approval for one of the ideas. The next step was to write script for the ad. Using in-house cloud-based scripting software, the agency
wrote scripts in real time. This made it easier for company to communicate effectively with the ad makers. The company also approved the
tagline and storyboard for its product. The agency hired professional actors for enacting the scene.
paragraph 2 I hope sorry if it's wrong
Answer:
For this purpose, it hired an ad agency reputed for its creative skills
and The agency hired professional actors for enacting the scene
Explanation:
both requires money. to hire someone you need money which shows a increase of expenses
Centrifugal is a bike rental company operating in the UK. Centrifugal have two main customer groups:
Members who pay a monthly subscription fee and can use the bikes as often as they like during the month
Casual Riders who pay on per ride basis.
Data on the total number of rides over the past six months was collected and can be found on the Centrifugal Worksheet.
Last year the average number of daily Casual Rides was 500. Centrifugal has since increased promotion of their casual service. Conduct a test at the 10% level of significance to determine if the average number of casual riders has increased since then.
Week Day Total Bike RidesCasual Rides Member Rides
The company Centrifugal is bike rental company in the United Kingdom. Centrifugal has two main customer groups. The first group are Members who pay a monthly subscription fee and can use the bikes as often as they like during the month. The second group are Casual Riders who pay on per ride basis.
The given data states that the last year the average number of daily Casual Rides was 500. Centrifugal has since increased promotion of their casual service. So we need to conduct a test at the 10% level of significance to determine if the average number of casual riders has increased since then. The data collected over the past six months is given on the Centrifugal Worksheet. We need to find out if the mean of casual rides has increased or not.Let µ be the mean of daily Casual Rides, now our hypothesis will be:
H0: µ ≤ 500 (The average number of Casual Rides per day has not increased)H1: µ > 500 (The average number of Casual Rides per day has increased)We will use a one-tailed t-test to check the hypothesis at a significance level of α = 0.10. I am unable to include the worksheet image and calculation here but I can show you the steps you have to follow to find the solution.
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List the six areas of interest.
Answer:
Six areas of interest are: building,thinking,creating,holding, persuading and organizing.
Explanation:
Miller Coors used which of the following techniques to alert Blue Moon beer fans as to where it could be purchased?
A) Geo-social based services
B) Geo-fencing
C) E9-1-1
D) Geo-search
The technique used by Miller Coors to alert Blue Moon beer fans as to where it could be purchased is A) Geo-social based services.
This technique allows companies to target their advertising efforts to specific regions or cities, making it more effective and efficient than traditional advertising methods.
By leveraging the power of social media and location-based targeting, Miller Coors was able to reach a large audience of beer enthusiasts and increase their sales of Blue Moon beer.Therefore the correct answer is option a Geo-social based services.
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Ayla is monitoring sales after release of a tv advertisement for her new line of non-gmo snack foods. The fact that this particular ad might not cause consumers to make an immediate purchase is a result of.
The fact that this particular advertisement might not cause consumers to make an immediate purchase is a result of the lagged effect.
What is an advertisement?A sponsored form of an interview that supports a business, commodity, or trademark is known as an advertisement. Advertisements are a tool that marketers employ to assist businesses in achieving their goals and boosting profits.
The lag effect reflects the probability that we'll remember more information about the non-GMO snack foods because as the interval of exposure to it grows. The lag effect shows that memorizing information through subsequent repeats is ineffective.
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If a monopoly faces an inverse demand curve of
p = 390-Q,
has a constant marginal and average cost of $90, and can perfectly price discriminate, what is its profit? What are the consumer surplus, welfare, and deadweight loss? How would these results change if the firm were a single-price monopoly?
Profit from perfect price discrimination (x) is $ (Enter your response as a whole number.)
Welfare is the sum of producer surplus (which in this case is equal to the monopolist's profit) and consumer surplus. In this case, welfare is equal to the monopolist's profit of $18,000.
To determine the profit from perfect price discrimination for the given monopoly, we need to calculate the monopolist's marginal revenue (MR) and equate it to the marginal cost (MC).
The inverse demand curve is given by p = 390 - Q, where p represents price and Q represents quantity.
To find MR, we differentiate the inverse demand curve with respect to Q:
MR = d(p)/dQ = -1
Since the monopolist has constant marginal and average cost of $90, the MC is $90.
Equating MR and MC:
MR = MC
-1 = 90
Solving for Q, we find:
Q = 90
Substituting Q back into the inverse demand curve, we can find the price:
p = 390 - Q
p = 390 - 90
p = 300
So, under perfect price discrimination, the monopolist would charge a price of $300 and sell a quantity of 90 units.
The monopolist's profit can be calculated as follows:
Profit = (Price - Average Cost) * Quantity
Profit = (300 - 90) * 90
Profit = $18,000
Consumer surplus refers to the difference between what consumers are willing to pay for a good and what they actually pay. In perfect price discrimination, consumer surplus is zero since the monopolist charges each consumer their willingness to pay.
Welfare is the sum of producer surplus (which in this case is equal to the monopolist's profit) and consumer surplus. In this case, welfare is equal to the monopolist's profit of $18,000.
Deadweight loss represents the loss of economic efficiency due to the monopoly's market power. In perfect price discrimination, deadweight loss is minimized or eliminated because the monopolist captures all possible consumer surplus, resulting in a more efficient allocation of resources.
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A type of account that pays zero or low interest on the money deposited is a
OA. certificate of deposit
OB. savings account
C. checking account
O D. money market account
SUBMIT
Answer:
C. checking account
Explanation:
regular checking account usually pays little or no interest on your balance.
how do you feel about testing?
who was the 20th president
Answer:
Of what country? Philippines or US or what??
Answer:
Kuroo Here!
Explanation:
It was James A. Garfield
Hope This Helps!! (^ '--')
you
are planning to purchase a car today on credit for 5 years . the
price of the car is 500,000 . The interest rate that is offered to
you is 10% . How much are you going to pay each month .
The monthly payment for a car purchased on credit for 5 years with a price of 500,000 and an interest rate of 10% would be approximately 10,640.77.
To determine the monthly payment, we need to use a loan repayment formula. One common formula is the amortization formula. It calculates the fixed monthly payment required to pay off the loan over a specified period of time. The formula is:
Monthly Payment = (Loan Amount × Monthly Interest Rate) / (1 - \((1 + Monthly Interest Rate)^{(-Number of Months)}\))
In this case, the loan amount is 500,000, the interest rate is 10% (or 0.10), and the loan term is 5 years (or 60 months).
Plugging in the values into the formula, we can calculate the monthly payment:
Monthly Interest Rate = 0.10 / 12 = 0.00833 (approx.)
Monthly Payment = (500,000 × 0.00833) / (1 - \((1 + 0.00833)^{(-60)}\)) ≈ 10,640.77
Therefore, the monthly payment for the car loan would be approximately 10,640.77. This means that you would need to pay around 10,640.77 each month for 5 years to fully repay the loan, including principal and interest.
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Visit the Web site for a different well-known company, and find the section that lists the company's values. What are the company's values? How do they relate to the products the company sells? Did anything surprise you about the company's values? Why or why not? TIP: If the company's Web site doesn't describe its values, choose a different company. (1-5 sentences
Visit the Web site for a different well-known company, and find the section that lists the company's values.
I looked through the Microsoft.com company website.
Innovation, diversity and inclusion, CSR, AI, reliable computing, respect, integrity, and accountability are among the core principles highlighted.
Microsoft provides a wide range of goods and services, and all of its values are consistent with the work the business does.
This is not surprising to me because the corporation makes this point in its advertising and other materials.
What are their core values about?Among the mentioned core values are;
Technology can and should be a force for good, and we believe that significant innovation can and will make the world a better place in both large and little ways.
Diversity and inclusiveness are important to our success. To enlighten, challenge, and push our thinking, we draw on the strengths, experiences, and many points of view of our customers and staff.
AI - Our belief is that AI can enhance your talents, free you up to engage in more creative and strategic activities, and assist you or your organization in achieving more when it is created with humans at the heart.
They acknowledge full accountability for all choices, deeds, and outcomes. Therefore, Microsoft provides a wide range of goods and services, and all of its values are consistent with the work the business does.
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Investors expect the market rate of return this year to be 14%. a stock with a beta of .8 has an expected rate of return of 12%. if the market return this year turns out to be 10%, what is your best guess as to the rate of return on the stock?
1.33 is the best guess for beta. One of the models used to estimate an investment's expected return is the capital asset pricing model.
The risk-free rate of return and systematic risk are taken into account in this model.
Does the pricing model for capital assets really work?The CAPM is a popular return model that is simple to calculate and test under stress. It is criticized for making assumptions that are not true. In spite of these criticisms, the CAPM yields a result that is often more useful than the DDM or WACC models.
The rate of return is calculated using three factors by the capital asset pricing model:
Rate without risk Beta (risk) Market rate The Capital Asset Pricing Model's formula is as follows: Beta * (Market rate minus 9% minus Risk free rate) is the expected rate of return.
Expected Return = rf + b(rm-rf)
0.12 = 0.4 + b(0.1-0.04)
0.08/0.06 = 1.33
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Drag each tile to the correct location. Match each scenario to the appropriate form of business communication. Arty wants to talk with a coworker about providing support for another coworker. Samir wants to share an editing checklist he created with his team. Elena wants to quickly ask her team leader a question about a task she's working on. Rosanna needs to talk to an employee about his poor performance.
Answer:
digital messaging:
Samir wants to share an editing checklist he created with his team.Elena wants to quickly ask her team leader a question about a task she’s working on.face-to-face or phone calls
Rosanna needs to talk to an employee about his poor performance.Arty wants to talk with a coworker about providing support for another coworkerIn june, cellars, inc. Collected $1,000 from a customer in advance. In july, cellars completed the first half of the job. In august, cellars completed the work. If cellars uses the cash basis of accounting, it will record revenues of ______.
If Cellars, Inc. uses the cash basis of accounting, it will record revenues of $1,000 in June and nothing in July and August for this transaction.
What is the cash basis of accounting?The cash basis of accounting is an accounting method whereby revenues and expenses are recognized when cash is received or paid out.
The cash basis is unlike the accrual basis of accounting. With the accrual basis, revenue is recognized when earned. Expenses are recognized when liabilities are incurred regardless of when cash payment is made.
Data Analysis:Cash Basis:
Cash $1,000 Deferred Revenue $1,000
Accrual Basis:
Cash $1,000 Deferred Revenue $1,000
July: Deferred Revenue $500 Service Revenue $500
August: Deferred Revenue $500 Service Revenue $500
Thus, if Cellars, Inc. uses the cash basis of accounting, it will record revenues of $1,000 in June and nothing in July and August.
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Usa manufacturing issued 30-year, 7.2 percent semiannual bonds 6 years ago. the bonds currently sell at 101 percent of face value. what is the firm's aftertax cost of debt if the tax rate is 21 percent?
As per the bond price, the firm's after tax cost of debt if the tax rate is 21% is 3.52%
The bond in economics contains the interest payments a mandatory expense, while dividends are assumed to be optional. and here we have to know that is why interest expenses are tax deductible and dividends are not.
Here let us consider that
P refers bond price = 101% * 1,000 = $1,010
C refers bond coupon = 7.2% / 2 * 1,000 = $36
n refers number of semiannual periods = 24 * 2 = 48
Then here we will first find the semiannual yield, r, by using the bond price formula as
=> r = 3.71%
Then the yield of maturity is calculated as,
=> YTM = 3.52%.
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butte sold a machine to a machine dealer for $50,100. butte bought the machine for $54,900 several years ago and has claimed $12,450 of depreciation expense on the machine. what is the amount and character of butte's gain or loss?
To determine Butte's gain or loss, we need to compare the selling price of the machine to its adjusted basis. The adjusted basis is the original purchase price minus the accumulated depreciation. Butte incurred a loss of $7,650 on the sale of the machine.
Calculate the adjusted basis:
Adjusted basis = Purchase price - Accumulated depreciation
Adjusted basis = $54,900 - $12,450
Adjusted basis = $42,450
Determine the gain or loss:
Gain or Loss = Selling price - Adjusted basis
Gain or Loss = $50,100 - $42,450
Gain or Loss = $7,650
Since the selling price of $50,100 is lower than the adjusted basis of $42,450, Butte incurred a loss of $7,650 on the sale of the machine.
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Our product is Pure Energy:
c. Statement of all communication objectives such as
influencing awareness, increasing sales, market share, etc. what
will success look like? What do we want customers to d
Communication objectives are the desired results that an organization wants to achieve with its communication strategy. The statement of all communication objectives for Pure Energy, including influencing awareness, increasing sales, market share, etc. will help determine what success looks like.
The communication objectives for Pure Energy are to increase brand awareness, generate interest in the product, and increase sales. Success for Pure Energy would be to create a loyal customer base, achieve high sales volumes and revenue, gain a significant share of the market, and establish a strong brand reputation. The organization should also aim to generate customer referrals and positive reviews, which will contribute to customer acquisition and retention. In addition to these primary objectives, Pure Energy should also have secondary objectives like increasing customer engagement, enhancing customer satisfaction, and ensuring effective communication with customers. In summary, success for Pure Energy would be to achieve its communication objectives, generate a loyal customer base, establish a strong brand reputation, and achieve high sales volumes and revenue. Success will depend on the effective implementation of the communication strategy and the organization's ability to meet the needs and expectations of its target customers.
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When an investor uses the equity method to account for investments in common stock, the investor’s share of cash dividends from the investee should be recorded as:.
It should be noted that When an investor uses the equity method to account for investments in common stock, cash dividends received by the investor from the investee should be recorded as deduction from the investor's share of the investee's profits.
What is an Equity method?Equity method can be regarded as a process of treating investments when dealing with associate companies.
In this method, cash dividends received by the investor from the investee should be recorded as A deduction from the investor's share.
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the two types of cooperatives are wholesale and retail. True or False?
The statement that the two types of cooperatives are wholesale and retail is False.
Why is this false ?There are many different types of cooperatives, and wholesale and retail are just two of them.
Some of these cooperatives are:
Producer cooperatives: These cooperatives are owned and operated by producers, such as farmers or fishermen. They provide services to their members, such as marketing, processing, and financing.Worker cooperatives: These cooperatives are owned and operated by their employees. They provide jobs and benefits to their members, and they often have a democratic structure.Consumer cooperatives: These cooperatives are owned and operated by their customers. They provide goods and services to their members at a discount, and they often have a democratic structure.Find out more on cooperatives at https://brainly.com/question/30126375
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You get a 15% discount if you buy a new range listing at $924.95 and a new freezer listing at $12,695.95 on the same bill. What is the total savings for both with your discount? a)$2,043.14 b)$2,083.67 c)$12,695.95 d)$13,620.90
Answer:
a)$2,043.14
Explanation:
The discount is applicable when both items are bought together.
the total bill for the two items will be $12,695.95 + $924.95
=$13,620.90
15% discount of $13,620.90
=15/100 x $13,620.90
=0.15 x $13,620.90
=$2,043.135
=$2,043.14
Find the area of a rectangle with the length measuring 8 km and the width measuring 5 km.
A. 26 m2
B. 40 m2
C. 40 km2
D. 26 km2
Answer:
The answer is C. 40 km^2
8km*5km = 40
A = L*W
L = 8 km
W = 5 km
Which of the following are essential questions that strategic leaders need to consider to increase the probability of entering an industry successfully? (Check all that apply.)
Multiple select question.
When to enter?
Who are the players?
How to enter?
What type of entry should be made?
Why is it important to study the external environment?
The essential questions that strategic leaders need to consider to increase the probability of entering an industry successfully are
a) When to enter?
b) Who are the players?
c) How to enter?
d) What type of entry should be made?
It's essential to ask yourself the right questions in order to increase the probability of success when entering into an industry.
When it comes to entering a new industry, strategic leaders have many important questions to consider.
The main questions are when to enter, who the players are, how to enter, and what type of entry should be made. By carefully considering each of these questions, leaders can increase their chances of entering the industry successfully.
These questions help in forming proper strategies for entering into an industry.
Knowing the answers to these questions is key to setting up a successful venture into the industry.
The question will correctly be written as:
Which of the following are essential questions that strategic leaders need to consider to increase the probability of entering an industry successfully? (Check all that apply.)
Multiple select question.
a) When to enter?
b) Who are the players?
c) How to enter?
d) What type of entry should be made?
e) Why is it important to study the external environment?
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Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation?
Answer:
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.
A 10-year corporate bond has a 6 percent coupon, a call premium of $60, and a first call date in year 4. Market interest rates are 6.5 percent and are expected to rise for an extended period. If you plan to hold the bond, which yield should you most consider before buying the bond
Answer:
YTC = 8.3%
Explanation:
you should calculate the yield to call (YTC)
YTC = {coupon + [(call value - market value)/n]} / [(call value + market value)/2]
but we first need to calculate the market value:
PV of face value = $1,000 / (1 + 6.5%)¹⁰ = $532.73
PV of coupons = $60 x 7.18883 (PV annuity factor, 6.5%, 10 periods) = $431.33
market price = $532.73 + $431.33 = $964.06
YTC = {60 + [(1,060 - 964.06)/4]} / [(1,060 + 964.06)/2] = 83.985 / 1,012.03 = 8.3%
What best describes the relationship between short and long-term goals?
in the evolution of marketing, the production era assumed an unlimited of answer choices
Answer: True
Explanation:
Yes, in the evolution of marketing, the production era assumed an unlimited.
Hence, it is True
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4.
Contrast the relationship that exists between entrepreneurs and investors in a business
enterprise.
Answer:
see below
Explanation:
1. An entrepreneur is the business founder. He or she conceives the business ideas and focuses on growing it. An investor considers existing business formed by the entrepreneur and focuses on its financial/commercial side.
2. The entrepreneur approaches an investor to finance the business. He draws a business plan and proposals to assure the investor of its viability. The investor approaches an entrepreneur if he is convinced of profits.
3. The entrepreneur manages the business but may also invest in it. An investor only puts money in the business but is not involved in managing it.
true or false. once you've obtained good organic rankings, it's not necessary to continue using search ads.
This statement is True because While it is true that organic rankings can generate a significant amount of traffic to your website, it does not necessarily mean that you should stop using search ads.
Firstly, search ads can complement your organic rankings by allowing you to target specific keywords and audiences that you may not be ranking for organically. This can help you reach a wider audience and drive more traffic to your website.
Additionally, search ads can be particularly useful in highly competitive industries where organic rankings may not be enough to keep up with your competitors. By using search ads, you can ensure that your website is still visible to potential customers and generate additional leads and sales.
Moreover, search ads allow for greater control over your messaging and the user experience, allowing you to better tailor your messaging and calls to action to specific customer segments. This can help you convert more leads into customers and drive more revenue.
In conclusion, while organic rankings are important, it is not necessary to stop using search ads once you have obtained good organic rankings. In fact, using a combination of both can help you reach a wider audience, stay competitive, and drive more traffic and revenue to your website.
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You have just been hired to manage inventory for a sock company, "Sock-um." The company seems to be running out of inventory space. On day one of your job, you have been asked to determine average daily inventory. Every Monday, Sock-um receives a shipment of 500 cases of socks. Sock-um sells socks to retail outlets along the East Coast at a rate of 90 cases per day during each of the 5 business days (Monday through Friday). In your memo, please provide a model that represents daily inventory and provide your answer of average daily inventory. In your worksheets, demonstrate your knowledge of integrals and show how you can double check your answer through manual calculations.
Sock-um has an annual contractual obligation with its manufacturer to receive 500 cases weekly, and breaking the contract would cost them $8000. Once inventory has reached 500 cases, Sock- um will run out of space. Currently, additional shelf space for 500 cases is $1000. A pair of socks costs $1 to manufacturer, and each pair sells for $4. There are 100 pair of socks in a case of socks. Sock-um has the possibility of expanding its reach to midwestern states by providing up to 20 cases per day. To do this, they will incur a one-time cost of $6000. Provide a marketing recommendation to Sock-um regarding the inventory constraints, contractual obligations, and sale opportunities in the Midwest.
Memo:
Managing Inventory at Sock-um Sock-um, a sock manufacturing company has a contract with its manufacturer to receive 500 cases of socks weekly. If the contract is broken, Sock-um would incur a cost of 8000. However, the company has a limitation of inventory space and can hold 500 cases at a time.
At present, Sock-um is running out of inventory space and needs to determine the average daily inventory.On Monday of every week, the company receives 500 cases of socks. During the five business days, Sock-um sells 90 cases of socks per day to retail outlets along the East Coast. The calculation of average daily inventory is based on the difference between the number of socks received and sold per day. The following model represents daily inventory: 500 – 90d, where d represents the number of days.
Hence, the formula for the average daily inventory would be:
∫[0,5] (500 - 90d) dd = [500d - 45d²/2] 0,5 = 212.5 cases.
The average daily inventory for Sock-um is 212.5 cases.
The calculation is verified by the following manual calculation:
Monday:
500 - 90(1) = 410 cases,
Tuesday:
500 - 90(2) = 320 cases,
Wednesday:
500 - 90(3) = 230 cases,
Thursday:
500 - 90(4) = 140 cases,
Friday: 500 - 90(5) = 50 cases.
Sum of all inventory = 410 + 320 + 230 + 140 + 50 = 1150,
Average daily inventory = 1150/5 = 230 cases.
The company has an opportunity to expand its reach to midwestern states by providing up to 20 cases per day.
The expansion would incur a one-time cost of 6000.
However, Sock-um can take advantage of the sale opportunity and earn additional revenue. The manufacturing cost of a pair of socks is 1, and each pair sells for 4.
As there are 100 pairs in a case, a case would sell for 400. Selling 20 cases per day would result in additional revenue of $8000 per day, which would be more than enough to cover the cost of expansion.
Sock-um should expand its reach to the midwestern states to increase revenue.
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Explain the importance of denists and physiotherapists
Explanation:
physiotherapists help people affected by injury, illness or disability through movement and exercise, manual therapy, education and advice. They maintain health for people of all ages, helping patients to manage pain and prevent disease.
dentistry is important to maintaining the health of your smile as well as your overall health. Unaddressed tooth decay or gum disease can lead to infections and other conditions that can put your entire body at risk for health issues.
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Answer:
The physiotherapist is important because they can revive the disfunctional human organs through regular therapy.
Dentist is important because they deal with diverse dental problems and diseases and human teeth are very important organ.
Explanation:
I hope my answer helped you:)