Which stage of economic development best describes France and
the Three factors that support your answer

Answers

Answer 1

The france has transitioned into a post-industrial economy, characterized by a high standard of living, a diversified economy, and a focus on knowledge-based industries.

France can be considered a developed country, specifically in the stage of post-industrial economic development. Several factors support this classification:

High Standard of Living: France has a high standard of living with well-developed infrastructure, quality healthcare, and a comprehensive social welfare system. The majority of the population has access to basic necessities, education, and healthcare services, indicating a level of economic development.

Diversified Economy: France has a diversified and advanced economy. It has a mix of industries, including manufacturing, services, and high-tech sectors. France is known for its strong aerospace, automotive, luxury goods, pharmaceutical, and tourism industries. The presence of such diverse sectors indicates a mature and developed economy.

Knowledge-based Economy: France has made significant investments in research and development, innovation, and education. It has a robust higher education system and is home to prestigious universities and research institutions.

The focus on knowledge-based industries, such as information technology, biotechnology, and renewable energy, highlights a shift towards a post-industrial economy.

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Related Questions

A performance report of a ________ will only include revenues generated by the center.
a. cost center
b. investment center
c. profit center
d. revenue center

Answers

A performance report of a revenue center will only include revenues generated by the center. A revenue center is a separate operating unit of a company that is in charge of producing revenues. A department store, for example, may regard each department within the store as a revenue center, such as men's shoes, women's shoes, men's clothes, women's clothes, jewels, and so on.

Cost centers, like revenue centers, exclusively manage costs, making them a revenue center's equivalent. Revenue centers simply measure output (in fiscal terms) and are hence marketing entities immune from profit generation and responsibility. Department of sales, marketing, and advertising.

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Periodic severe headaches that may be completely incapacitating are called: a. cephalalgia. b. peripheral neuritis. c. neuralgia. d. migraines.Periodic severe headaches that may be completely incapacitating are called: a. cephalalgia. b. peripheral neuritis. c. neuralgia. d. migraines.

Answers

Periodic severe headaches that may be completely incapacitating are called migraines.

Migraines are a type of headache disorder characterized by recurring episodes of severe and throbbing headaches. These headaches are often accompanied by other symptoms such as nausea, vomiting, sensitivity to light and sound, and in some cases, visual disturbances or aura.

Migraines can be completely incapacitating, causing significant pain and interfering with daily activities. The duration of a migraine attack can vary, ranging from a few hours to several days. Migraines can occur periodically, with individuals experiencing episodes at irregular intervals.

The term "cephalalgia" refers to any type of headache, including migraines, but it is a broader term that encompasses various types of head pain. "Peripheral neuritis" refers to inflammation or damage to the peripheral nerves, which is not specific to migraines. "Neuralgia" refers to sharp, severe pain that occurs along the course of a nerve, but it is not typically used to describe migraines.

Therefore, the correct answer is d. migraines, as they are the specific type of headache characterized by periodic severe episodes that can be completely incapacitating.

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How are financial and managerial accounting similar?
A :Both produce general-purpose reports.
B :Both have the same primary users.
C :Both prepare quarterly and annual reports.
D :Both deal with the economic events of an enterprise.

Answers

Answer:

I would say A. Both produce general-purpose reports :)

If your credit card limit is $800 and your outstanding balance is $725, what is the largest amount you can charge on that card in the upcoming month

Answers

If your credit card limit is $800 and your outstanding balance is $725,  $800  is the largest amount you can charge on that card in the upcoming month.

The sum owed on any loan that accrues interest is known as the outstanding balance. In plain English, it refers to the amount still owed on any loan.

In banking and accounting, the balance is the amount outstanding on an account. The term "balance" in bookkeeping refers to the difference between the total of debit notes and the total of credit entries made into an account throughout a certain financial period. The account shows a debit balance when total debits surpass total credits.

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Curtis purchased stock with an initial share price of $140, and sold it when the share price was $119. While he owned the stock, he earned $10 in dividends. What was his total percentage return on the investment?

Answers

Answer:

i think it is 31 i hope this helps brainlist pls

If investment increases by $5 billion and the economy's mpc is 0.75, the aggregate demand curve will shift:__________

Answers

If investment increases by $5 billion and the economy's mpc is 0.75, the aggregate demand curve will shift rightward by $20 billion at each price level.

Equation :

1 - MPC = MPS

Multiplier = 1/MPS

1-(.75)= .25

1/(.25)=4

(4) x $5billion = $20billion

Demand curve :

A demand curve in economics is a graph that shows the relationship between the cost of a given good and the amount that is desired at that cost. Demand curves can be applied to the price-quantity connection for either a specific consumer or for every consumer in a given market.

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who is the richest person in america and what is their net worth?

Answers

jeff bezos with a net worth of $177 billion

Natalie believes her bath product company will do well in Europe because of her research. What might be the best way to sell her products? Choose the answer.

A.) Open another store in Europe.
B.) Create a website and sell online.
C.) Hire sales people to sell door to door.

Answers

B. This option involves the least risk and lets Natalie test if her theory is true.

When a manager creates a budget that is too easy to attain, ______ occurs.

Answers

Answer:

Explanation:

budgetary slack

Which accounting concept is used in each of the following accounting treatment?

The cost of a tape dispenser has been charged to an expense account, although in fact it could still be in use in ten years’ time.
A sole proprietor has sold his private house, but has not recorded anything about it in the business records.
A debt has been written off as a bad debt even though there is still a chance that the debtor eventually may be able to pay it.
A machine has been bought for an exceedingly low figure,and it has been entered in the asset account at that figure even though it is worth more.
A motor van broke down in December , 2017. The repair bill for it was not until 2018 yet it has been treated as a 2017 expense.

Answers

The accounting concepts that provide guidance for recording the following business events are as follows.  The business transactions are numbered from (a) to (e) below:

1) Materiality Concept is applied because the impact of the cost of the tape dispenser being "expensed" is not significant on the reader of the financial statement.

2) Entity Concept requires separation between the finances of the owner from the finances of the business.  The business is a separate economic unit distinct from the sole proprietor.

3) Prudence Concept demands that expenses (like the bad debt written off) and liabilities are not underestimated and revenues and assets should not be overestimated.

4) Historical Cost Concept: Generally accepted accounting principles require the initial recognition of an asset at its purchase cost and not fair value.

5) Accrual Concept and Matching Principle: The accrual concept requires that expenses that have been incurred for a period should be accounted for in that period, whether cash payment is made or not.  The matching principle states that expenses (Van Repair Expense) should be matched to the revenue that they generate.

Thus, accounting concepts are the basic assumptions, rule, and principles for recording business transactions and events and preparing accounts and financial statements.

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What are some things that the presenter can do to engage the audience?

Answers

Answer:

Wow

Explanation:

Co

Answer:

Start your presentation by making them think. Ask them a question, or start with statistics. Make your presentation as relatable as it can possibly get. DON'T repeat yourself. I causes the audience to get board. Don't tell them why your presentation matters, show them. Be confident and do your best. It spreads a positive message and the more confident you seem on the topic and on the presentation the more people will want to listen.

Explanation: BELIVE IN YOURSELF AND DO YOUR BEST, if it still doesn't go well, life might be trying to tell you something.

Hope this helps! I know you'll do great!

theresa spends 2 hours working instead of watching tv with her friends. the opportunity cost to her of working is

Answers

Theresa spends 2 hours working instead of watching tv with her friends. the opportunity cost to her of working is the enjoyment she would have received if she had watched tv with her friends.

The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. Simply put, it indicates that by choosing one course of action (such making an investment), you are forgoing the chance to choose an other course of action. The best activity is the one that, after deducting opportunity costs, has the highest return when compared to all other activities. The goal of opportunity cost, as a depiction of the link between scarcity and choice, is to ensure efficient use of limited resources.

Explicit costs are the direct expenses incurred by a transaction involving money or a physical transfer of resources (business operations costs or expenses).

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Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E

Answers

The reason why buying a car considered "bad debt"is that It decreases in value over time. option A

What is  bad debt?

The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books,  then things turn to uncollectible and is recorded as a charge-off.

It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases  interest charges increase how the amount that is been paid for the vehicle.  and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.

Hence, option A is correct.

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Ics provides a standardized approach to the command control and coordination of:.

Answers

ICS provides a standardized approach to the command control and coordination of On-scene emergency personnel.

What is ICS?

ICS refers to the Incident Command System, which is a system that follows a standardized approach which provides control of emergency and common hierarchy hence, responders from the agencies could be more effective.

On- scene emergency which become vital part of the situation or activity and in this ICS offers a approach to the coordination and command of the emergency personnel.

Hence, ICS provides a standardized approach to the command control and coordination of On-scene emergency personnel.

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The Axiomatic Approach to the expected utility principle is based on the law of large numbers
True
False

Answers

The statement is false. The Axiomatic Approach to the expected utility principle is not based on the law of large numbers.

The axiomatic approach is a mathematical representation for representing preferences about uncertainty. It is basically about a set of axioms that gives information about decision making behavior. These axioms include independence, continuity and completeness.

             

              The law of large numbers states that as the number of independent trials increases, the average of the outcomes approaches the expected value. It is not related to axiomatic approach to expected utility theory.

Thus, the Axiomatic Approach to the expected utility principle is not based on the law of large numbers.

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Type the correct answer in the box. Spell all words correctly.
Which federal agency is authorized to oversee all commercial advertisements?
has been
Amid concerns over deceptive practices in some commercials featuring prominent celebrities,
authorized to oversee all commercial advertisements.

Type the correct answer in the box. Spell all words correctly.Which federal agency is authorized to oversee

Answers

Answer: Federal Trade Commission

Explanation:

The Federal Trade Commission (FTC) is charged with maintaining a healthy competitive environment in the economy for the benefit of the consumer.

As part of this mandate, they are to monitor advertisements to ensure that consumers are not being deceived in order for the company engaged in the deception to gain an unfair advantage.

The FTC monitors advertisements through its Division of Advertising Practices which falls under its Bureau of Consumer Protection.

Have you seen Zack Snyder's Justice League on HBO Max?

Answers

Answer:

YES!

Explanation:

IT WAS AMAZING I WANT MORE DC FILMS LIKE THAG I DON'T CARE IF ITS ON HBO MAX I WANT MORE

You’re reviewing the campaigns of a new client who wants to better promote his child daycare facility to parents researching childcare on their mobile devices. Currently, his ads include generic text about childcare. To optimize his ads for mobile, you might create an ad with:

A. the computer version of the facility’s website as the landing page, and a headline and description text that encourages people to sign up for the facility’s newsletter

B. a headline and description text that includes a customer testimonial, and uses the previous visits automated ad extension to let people see when they last visited the client’s website

C. the mobile version of the facility’s website as the landing page, and uses an interactive video showing current students and teachers reading together

D. a headline and description text that encourages people to sign up for a tour, and uses location extensions so they know where the client’s business is located

Answers

Answer:

B. a headline and description text that includes a customer testimonial, and uses the previous visits automated ad extension to let people see when they last visited the client’s website

Explanation:

This is the best because, a testimonial from people who have used the daycare facility encourages others to signup for it for their child(ren).

what is stock exchange?​

Answers

It is a place where shares of pubic listed companies are traded.A stock exchange facilitates stock brokers to trade company stocks and other securities. A stock may be bought or sold only if it is listed on an exchange. Thus, it is the meeting place of the stock buyers and sellers

A basic concept in economics is that al resources are?

Answers

Answer:

Limited

Explanation:

It is general believed that human wants are unlimited but the resources to satisfy them are limited.

Scarcity is a term in economics, which means that the resources available will not be enough to meet the unlimited human want hence resources must be allocated efficiently.

Some of the causes of scarcity are when demand is greater than what is being produced, when there are no enough suppliers to supply certain products. Etc

10)
How might a mission statement help Donna with her new
business?

Answers

A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.

It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.

Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.

Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.

Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.

A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.

In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.

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The natural unemployment rate and the expected inflation rate are constant when moving along the which shows a trade off between O A short-run Philips curve, inflation employment O B short-run Phillips curve; Inflation, unemployment OC aggregate supply curve, inflation, unemployment OD long-run Phillips curve, inflation, unemployment O E aggregate demand curve, inflation; employment

Answers

The natural unemployment rate and the expected inflation rate are constant when moving along the long-run Phillips curve. Option D

The long-run Phillips curve is a graphical representation of the relationship between inflation and unemployment in the long run. It is based on the concept of the natural rate of unemployment, which is the rate of unemployment that exists when the economy is at full employment and all available resources are being utilized efficiently.

The long-run Phillips curve is vertical because it shows that there is no trade-off between inflation and unemployment in the long run.

The natural rate of unemployment is a reflection of the underlying structural characteristics of the labor market, such as skills, education, and demographics. It is not affected by changes in aggregate demand or supply in the short run.

In contrast, the short-run Phillips curve shows a trade-off between inflation and unemployment in the short run. This curve is downward sloping because it shows that as unemployment decreases, inflation tends to increase, and vice versa.

This trade-off is due to the fact that in the short run, changes in aggregate demand or supply can affect both inflation and unemployment.

However, the short-run Phillips curve is not a stable relationship. It can shift over time due to changes in expectations, policy, or other factors. In the long run, these shifts will be reflected in changes in the natural rate of unemployment and the expected inflation rate, which will in turn affect the position of the long-run Phillips curve.

In summary, the natural unemployment rate and the expected inflation rate are constant when moving along the long-run Phillips curve, which shows that there is no trade-off between inflation and unemployment in the long run.

The short-run Phillips curve shows a trade-off between inflation and unemployment in the short run, but this relationship is not stable over time. So option D is correct.

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The trade-off between inflation and unemployment is shown by the short-run Phillips curve. Option A, "short-run Phillips curve, inflation, employment" is the correct option.

The Phillips curve is a graphical representation of the inverse relationship between the unemployment rate and the inflation rate in an economy. It implies that as unemployment falls, inflation tends to rise and vice versa. The short-run Phillips curve suggests that there exists a trade-off between inflation and unemployment in the short run.When the economy is operating at its potential, the unemployment rate is at its natural level and the inflation rate is at the expected rate. Therefore, the natural unemployment rate and the expected inflation rate are constant when moving along the short-run Phillips curve.Option B, "short-run Phillips curve; Inflation, unemployment," and option C, "aggregate supply curve, inflation, unemployment," and option E, "aggregate demand curve, inflation, employment" are incorrect because they do not capture the trade-off between inflation and unemployment. Option D, "long-run Phillips curve, inflation, unemployment," is incorrect because the long-run Phillips curve suggests that there is no trade-off between inflation and unemployment in the long run.

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Identify and explain 2 reasons why a business such as AEC could not be successful without other firms providing natural resources

Answers

Answer:

AEC needs rubber to make its seals too. Oil is needed to produce rubber and, like coal and iron ore, oil is a natural resource. Without oil, AEC would have no rubber for seals. Natural resources are declining over time + coal reserves, especially, are running out.

Answer:

Identify and explain 2 reasons why a business such as AEC could not be successful without other firms providing natural resources

Explanation:

AEC needs rubber to make its seals too. Oil is needed to produce rubber and, like coal and iron ore, oil is a natural resource. Without oil, AEC would have no rubber for seals. Natural resources are declining over time + coal reserves, especially, are running out.

Miguel is a new salesperson for Imperial Realty. Dissatisfied with the lack of mentoring he has received, he decides to work for Millennium Real Estate instead, and has his license transferred. At the time of the switch, he had listed two properties. What happens to his listings

Answers

Answer:

Miguel cannot keep the listings; they belong to Imperial Realty.

Explanation:

Since Miguel decides to work for Millennium Real Estate instead and want to transferred his license but at the time of switching,  he listed two properties.

So as a salesperson he cannot keep the listing as it belongs to a broker not a salesperson and the broker should also be reassigned to the new salesperson plus it also belongs to the imperial realty which he has not part anymore

the general services administration (gsa) is a central management agency of the u.s. federal government that:

Answers

The general services administration (GSA) is a central management agency of the U.S. federal government that aids in overseeing and supporting the fundamental operations of federal agencies.

The General Services Administration (GSA) is an independent department of the US government that was created in 1949 to support and oversee the fundamental operations of federal agencies. GSA sets government-wide cost-minimizing policies, provides transit and office space for federal employees, supplies goods and telecommunications for U.S. government offices and performs other management duties.

The GSA manages the International Trade Center in Washington, D.C. The Federal Acquisition Service and the Public Buildings Service are among GSA's business units. The Procurement G6 is an informal body that oversees the use of framework agreements and e-procurement tools in public procurement, and the GSA is its member.

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By contributing to a retirement account pretax:
O A. you will have less money to invest.
B. you will have more money to invest.
C. you will be able to retire early.
D. you will have the same amount of money to invest as posttax
investment.
SUBMIT

Answers

Answer:. :)

Your contributions are not taxed at the time of investment. Instead, taxes are paid on withdrawals, including any earnings. Getting a tax break at the time of investment will leave more money in your pocket now — money that you can invest, save, or spend.

Explanation:

1 Determine the cost recorded in the journal for the following situation;

Blazing Co. is looking for a new stove and has narrowed down their purchase to two different stoves.

Stove 1 cost 1,500

Stove 2 costs 1,700

Negotiated cost for Stove #2 1,400


They ran the numbers and decided that they want to purchase stove #1

They were able to negotiate the price on stove #1 to be $50.00 cheaper.


Cost of Stove

Answers

The information that must be recorded in the accounting book of the Blazing Co. company is the final price of stove #1, that is, $1,450.

What is the final price of stove #1?

To calculate the price of stove #1 we must discount $50.00 (discount) from its initial sale price.

$1,500 - $50 = $1,450

According to the above, its final price would be $1,450

What information do we record in the ledger?

The information that we must record in the accounting book of the Blazing Co. company is the price at which the stove was purchased, that is, $1,450.

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Which of the following is needed to effectively collaborate?
O Alarge group of people
O A positive attitude
O An interesting project
O A dominant leader

Answers

I believe it would be a positive attitude because you don’t necessarily need a dominant leader, a large croup of people, or an interesting topic/project. A positive attitude is what helps make an interesting project. I’m sorry if I’m wrong, this out of opinion, but this is what I believe!

assume the invention of a competitively priced synthetic fuel that could supply 25 percent of u.s. energy needs within 20 years. in what major ways might this change the external environment of u.s. businesses?

Answers

The invention of a competitively priced synthetic fuel that could supply 25 percent of U.S. energy needs within 20 years could have a wide range of impacts on the external environment of U.S. businesses.

First, it could reduce the overall cost of energy, as synthetic fuel is typically cheaper than traditional sources such as oil or natural gas. This could lead to lower overhead costs for businesses, which could help lower prices for consumers and increase profits.

Second, it could reduce the U.S.’s dependence on foreign energy sources, as synthetic fuel is produced domestically. This could lead to increased economic and political stability, as relying on foreign energy sources often leads to geopolitical instability.

Third, it could reduce the environmental impact of energy production, as synthetic fuel is much cleaner than traditional sources. This could lead to increased public support for businesses, as consumers become more aware and concerned about the environmental impact of their purchases.

Finally, it could lead to increased investment in the U.S. energy industry, as businesses look to capitalize on the new synthetic fuel technology. This could lead to increased research and development in the sector, as well as increased job opportunities and economic growth.

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When preparing a segment margin income statement ______.

Answers


When preparing a segment margin income statement, one should look at the income statement for the individual business segment and determine the gross margin for that segment. This involves subtracting the cost of goods sold from the segment's sales to determine the gross margin. One should then subtract the other expenses associated with the segment to determine the net margin for that segment.



In order to complete this analysis, one should begin by gathering the necessary financial data. This would include the sales and cost of goods sold for each segment, as well as any other associated expenses. Once all of the information has been gathered, one should subtract the cost of goods sold from the segment’s sales to determine the gross margin. One should then subtract the other expenses associated with the segment to determine the net margin for that segment.


One should also take into account any one-time items that could impact the segment’s results. This includes items such as restructuring charges, acquisition costs, and write-offs. Once all of the items have been taken into account, one should be able to determine the segment’s margin. The segment margin income statement is a useful tool for analyzing the performance of an individual business segment. By taking into account all of the necessary financial data, one should be able to accurately determine the segment’s margin and make informed decisions about the performance of the segment.

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How can art be intellectual Question in picture. a nursing mentor notes a colleague has limited an online search to articles only containing full text. what is the best response from the mentor? COEFFICIENT IN THE TERM 20 IS ? The fact that there was no national military was a weakness in which area of government?legislativejudicialadministrativeeconomic Read the following excerpts:"TO ALL FREE MEN OF OUR KINGDOM we have also granted, for us and our heirsfor ever, all the liberties written out below, to have and to keep for them and theirheirs, of us and our heirs....(2) If any earl, baron, or other person that holds lands directly of the Crown, formilitary service, shall die, and at his death his heir shall be of full age and owe a"relief, the heir shall have his inheritance on payment of the ancient scale of relief!(9) Neither we nor our officials will seize any land or rent in payment of a debt, solong as the debtor has movable goods sufficient to discharge the debt.....(45) We will appoint as justices, constables, sheriffs, or other officials, only men thatknow the law of the realm and are minded to keep it well....- The Magna CartaThese excerpts best support which statement about the Magna Carta?It included rights that no monarch could take away from the nobles.It gave the power of consent to all English people who paid taxes.It provided for the direct election of rulersIt abolished the hereditary English monarchy What is the mass of the object? 340.9 g 493.9 g 439.0 g 934.1 g a jeweler wants to mix gold costing $17 per gram with an alloy costing $7 per gram to make a ring weighing 30 grams and costing $390. how much of each metal is needed task 5: suppose that the government wants to promote full employment through the use of taxes. should it raise or lower taxes? explain your answer carefully. an animal or plant believed by a group of people to have been their primordial ancestor or protector is a An organization consisting of two or more divisions of ships or the basic administrative aviation unit of the navy descries what term? allison tends to use emotion-focused rather than problem-focused coping strategies. when is this most likely to occur? If speech is merely for amusement, it is a(n) _____ form of speech. persuasiveentertainingcomedicinformative 1.2.Will leave a like for correct answers. Thank you.a) Use a Riemann sum with 5 rectangles and left-hand endpoints to approximate the area between f(x) = e and the x-axis, where a [0, 10]. Round your answer to two decimal places. b) Is your answ BRAINLIEST TO WHOEVER GETS IT RIGHT!!5. Which of the following American history lessons would require knowledge of domain language that you would also use in an English language arts class?A. a diorama depicting Lees surrender at Appomattox CourthouseB. a map showing the travels of Lewis and Clark.C. a mock Battle of Gettysburg played out with toy soldiersD. a student-written play about the Yalta Conference Using the regular expression library in a programming language that you know, write a short program to check whether a filename conforms to the Linux rules for filenames. the incidence of a tax depends on whether the government collects the tax from buyers or sellers. TRUE OR FALSE p4-m; use m=3, and p=4 5 11 = 3 + 3Solve for x A ship traveling east at 45 mph is 15 mi from a harbor when another ship leaves the harbor traveling east at 60 mph. How long does it take the second ship to catch up to the first ship?