a) max 30x? + 50x? + 20x? //objective function
st.
0.5x? + 2.0x? + 0.75x? ? 40 //machine 1 time available
1.0x? + 1.0x? + 0.5x? ? 40 //machine 2 time available
2.0x? + 5.0x? + 2.0x? ? 100 //total labor available
-0.5x? + 0.5x? + 0.5x? ? 0 //product 1 amount constraint
0.2x? + 0.2x? - 0.8x? ? 0 //product 3 amount constraint
x?, x?, x? ? 0
The maximum profit obtainable from production of Product 1 alone is $1200, limited by time on Machine 2. The maximum profit obtainable from either Product 2 or Product 3 alone is $1000, limited by available labor.
Thus, the preferred production would be of Product 1. The constraint that other products be produced in equal or greater quantity puts a premium on production rate of other products. Product 3 is produced using less resource than product 2.
The production of a mix that consists of 1 unit of Product 3 for each unit of Product 1 is constrained by available labor, which allows production of 25 units of each, for a total profit of $1250.
_____
If it weren't for the constraint on relative production rates, a mix of 3 of Product 1 and 2 of Product 3 would fully utilize both Machine 2 and Labor, resulting in a profit of $1300.
projected weekly profit = $ 1250
b) Machine Hours Schedule:
machine 1 = 31.25 hrs.
machine 2 = 37.5 hrs
c) additional labor hour = 12.50 hr
product 2 = 8 unit
product 3 = 16 unit
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in which market structure are sellers mutually interdependent?
Sellers are mutually interdependent in an oligopoly market structure where a small number of large firms dominate the market, and each firm's pricing and output decisions have a significant impact on the other firms in the market.
Sellers are mutually interdependent in an oligopoly market structure. In an oligopoly, there are a small number of large firms that dominate the market, and each firm's pricing and output decisions have a significant impact on the other firms in the market. This interdependence can lead to complex strategic interactions between firms, including price wars, collusion, and mergers and acquisitions. This can lead to complex strategic interactions between firms.
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assume that january sales for the fourth year turn out to be $295,000. what was your forecast error? if this error is large, karen may be puzzled about the difference between your forecast and the actual sales value. what can you do to resolve her uncertainty about the forecasting procedure?
Assuming that January sales for the fourth year turn out to be $295,000, to calculate your forecast error, you first need to know your initial sales forecast for that month. Suppose your initial forecast was $280,000. To calculate the forecast error, use the following formula:
Forecast Error = Actual Sales - Forecasted Sales
In this case:
Forecast Error = $295,000 - $280,000
Forecast Error = $15,000
If this error is large and Karen is puzzled about the difference between your forecast and the actual sales value, you can resolve her uncertainty about the forecasting procedure by doing the following:
1. Review the factors and assumptions used in your forecasting model. Identify any changes in the market or business environment that could have contributed to the error.
2. Assess the accuracy of the data used in your forecasting model. Verify that the data sources are reliable and up-to-date.
3. Analyze any historical patterns of forecast errors. This can help you identify systematic biases or weaknesses in your forecasting model.
4. Update your forecasting model to account for new information and trends. Regularly revising your model can help improve its accuracy over time.
5. Communicate clearly with Karen about the inherent uncertainties in forecasting, and explain that no model can predict the future perfectly. This can help manage her expectations and build trust in your forecasting process.
By following these steps, you can work to improve your forecasting procedure and resolve Karen's uncertainty about the accuracy of your forecasts.
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Which statement describes a benefit of credit cards over debit cards
Answer:
A
Explanation:
Credit cards allow you to buy things even without the full funds.
Debit cards do not.
what are the steps to start living a fire lifestyle (financial independence and retire early)?
Fire which full meaning is Financial Independence Retire Early is a life style that enables a person to retire early and be Financially independent by saving or investing in thing that will lead to financial gain after they retired.
Which means that such individual will have to reduce their expense and look for a better way to increase their income.
The steps to start living a fire lifestyle are:
•Save and invest
•Do not borrow money
•Save for your children education
•Reduce your expenses
•Do not spend your saved retirement money
•Ensure you save money into your individual retirement account etc
Inconclusion For a person to live a fire lifestyle such person need to plan for the future by saving and investing.
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kubin company’s relevant range of production is 11,000 to 14,000 units. when it produces and sells 12,500 units, its average costs per unit are as follows:
The average cost per unit increases as the number of units produced decreases.
Given the information, Kubin Company's average costs per unit are Direct materials: $7.00,Direct labor: $4.00,Variable manufacturing overhead: $1.50,Fixed manufacturing overhead: $5.00,Average cost per unit: $17.50.The fixed manufacturing overhead per unit is constant, regardless of the number of units produced. The variable manufacturing overhead per unit decreases as the number of units produced increases. This is because the fixed costs of variable manufacturing overhead are spread over a larger number of units. The direct materials and direct labor costs per unit are also constant, regardless of the number of units produced.
This is because the fixed manufacturing overhead costs are spread over a smaller number of units, which increases the per unit cost.
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Is the managers actively involved in the decision of the business at Woolworths
It should be noted that the managers is actively involved in the decision of the business at Woolworths.
What is the function of the managers?The manager which can be regarded as the person that is responsible for some functions in the organization such as:
supervising motivating employees directing the progress of an organization.And this person is usually responsible for customer service, who deals with customer disputes and help in supervision of customer service agents.
The common managerial roles that can be attributed to a manager can be sectioned into three which are;
Informational roles Interpersonal roles Decisional roles.Managerial roles as expected feom the manager serves as the specific behaviors that is associated with the task that is expected from the management.
Managers do follow and exercise these roles so they will be able to accomplish the basic functions of management.
These functions of management are;
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Economic growth has improved the lives of many around the world,
but often with the result of resource depleting and environmental
degradation. true or false
True. Economic growth has indeed improved the lives of many people around the world, leading to increased standards of living, poverty reduction, and technological advancements.
However, it has also resulted in resource depletion and environmental degradation. The pursuit of economic growth often leads to increased consumption of natural resources, pollution, deforestation, habitat destruction , and climate change, which can have negative impacts on ecosystems and human well-being in the long run. Balancing economic growth with sustainable practices and environmental conservation is a crucial challenge for societies worldwide.
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how Is productivity determined?
a.by measuring The relationship to inputs and outputs
b. by comparing the profitability of competing markets
c. by measuring the relationship between supply and demand
d. by comparing the number of hours worked by all employees
Answer:
a. by measuring The relationship to inputs and outputs
Explanation:
Productivity shows the efficiency of generating output using the available inputs. It is measured by dividing the output of a company or a production line by the inputs used. Therefore, productivity shows the relationship between inputs and outputs.
Productivity can also be measured by labor output. In this case, the output is divided by the number of labor hours used.
What are the two main concerns in dealing with the currency of a foreign country when selling your product internationally?
A. currency denominations and foreign exchange fees
B. currency fluctuation and local government regulations
C. Currency exchange fees and currency fluctuation
Answer:
Explanation:
B is out because we are only dealing with Currency, what government officials will do.
I would pick C. You have to worry about what banks are going to do when they exchange funds. You also have to be concerned about the currency does.
For example The Canadian dollar is worth about 78 cents American.
If the Canadian Dollar drops to 70 cents and the American dollar goes up 10c
The new spread is 8+ 10 = 18 cents. That can cost you a lot of money that you weren't counting on.
The goals of risk analysis in capital budgeting include ______.multiple select question.zeroing in on the correct npvassessing the degree of financing riskdetermining the correct discount rateidentifying critical components
The goals of risk analysis in capital budgeting include zeroing in on the correct NPV, assessing the degree of financing risk, determining the correct discount rate, and identifying critical components. Option A, B, C, and D is correct.
Firstly, it aims to identify critical components in the investment project that could impact its success or failure. Secondly, it assists in assessing the degree of financing risk associated with the project, which helps in deciding the appropriate funding mix.
Thirdly, it helps in determining the correct discount rate that should be used in the Net Present Value (NPV) calculations. This is important as using the wrong discount rate can lead to incorrect investment decisions.
Lastly, the risk analysis helps in zeroing in on the correct NPV by considering all the potential risks and uncertainties associated with the project. By doing so, it helps in making informed investment decisions that are aligned with the organization's goals and objectives.
Therefore, Option A, B, C, and D is correct.
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true or false,according to mr. cochran, there is a strong, significant positive relationship between diversity and corporate innovation.
True. According to mr. cochran, there is a strong, significant positive relationship between diversity and corporate innovation.
How does diversity create innovation?Diversity is an important driver of innovation because it allows teams to draw on a wide range of perspectives and experiences. When people from different backgrounds and cultures collaborate, they each bring their own set of ideas and approaches to problem solving. This diversity of thought can spark creativity and lead to breakthroughs that would not be possible in a homogeneous team. A diverse team is also more capable of identifying and meeting the needs of a diverse customer base, that can lead to new market opportunities and increased revenue. Furthermore, diverse teams are more adaptable and resilient because they can navigate complex challenges and respond to changing circumstances better. By promoting diversity and inclusion, organisations can foster a culture of innovation and unlock the full potential of their teams.
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1. Juanita worked for several years in her uncle's auto repair shop. She learned how to do all types of repairs. She enjoys getting out and meeting new people. She doesn't like sitting at a desk and working all day on the computer. Her math skills are good, but she did not take any math classes as part of her two-year associate's degree. She is good with people and good in a crisis. She is also detail oriented. Which insurance career listed above would probably be a good fit for Juanita? Why? (8 points)
Answer:
she'll be an claim adjuster/investigator she works at repair shop so she can investigate it and see what insurance they need
Explanation:
The insurance career that would probably be a good fit for Juanita based on her math skills would be a Claims Adjuster.
Who are Claim Adjusters ?Claims adjusters are responsible for investigating and resolving insurance claims. They typically work for insurance companies, but they may also work for independent adjusting firms.
Claims adjusters need to be good with people and be able to handle difficult situations. They also need to be detail-oriented and have good math skills. Juanita's experience working in her uncle's auto repair shop would give her a good foundation for this career. She would also be able to use her math skills to calculate estimates and settlements.
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what can be the role of media to provide trustworthly information to ordinary people who want to apply for foreign employment?
The role of the media in providing trustworthy information to ordinary people who want to apply for foreign employment will include:
Making researches to determine if the opportunity is genuine before dissemination of information They can also assist to ensure the people interested go with the right documents and things.Making researches to determine if the opportunity is genuine before dissemination of information ensures that the individuals are free from trouble as offences could be punishable the law.
They can also assist to ensure the people interested go with the right documents and things to also ensure that they are deported with nothing which may lead to depression.
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Vaughn Inc. a private company following ASPE issued $80,000,5-year bond on January 1,2021 paying 8% interest on a semi-annual basis every January 1 and July 1. Prepare the first-year journal entries for the bond issue and interest expense assuming the company uses the straight-line amortization method, a market interest rate of 9% and has a year-end of December 31,2021 . (
Journal Entries for Bond Issue and Interest Expense in the First Year:
1. Bond Issuance:
Cash increases by $80,000, and Bonds Payable increases by $80,000.
2. Semi-Annual Interest Payment:
Interest Expense increases by $3,600, and Cash decreases by $3,600.
3. Year-End Adjustment:
Interest Expense increases by $3,600, Interest Payable increases by $1,200, and Bond Interest Expense increases by $2,400.
To prepare the journal entries for the bond issue and interest expense for the first year, we need to consider the bond issuance and the semi-annual interest payments.
1. Bond Issuance on January 1, 2021:
Cash $80,000
Bonds Payable $80,000
This entry records the issuance of the bond at its face value of $80,000.
2. Semi-Annual Interest Payment on July 1, 2021:
Interest Expense $3,600 ($80,000 * 0.09 * 0.5)
Cash $3,600
This entry records the interest expense for the first semi-annual period and the cash payment to bondholders.
3. Year-End Adjustment on December 31, 2021:
Interest Expense $3,600 ($80,000 * 0.09 * 0.5)
Interest Payable $1,200 ($3,600 - $2,400)
Bond Interest Expense $2,400 ($80,000 / 5)
This entry records the accrued interest expense at the year-end and adjusts the interest payable and bond interest expense accounts.
Note: The straight-line amortization method assumes an equal amount of bond interest expense is recognized over the bond's life. In this case, since the bond is a 5-year bond, the annual bond interest expense is $80,000 / 5 = $16,000, and the semi-annual bond interest expense is $16,000 / 2 = $8,000.
Please note that these journal entries are specific to the given scenario and follow the assumption of using the straight-line amortization method. It's always recommended to consult a professional accountant or refer to the specific accounting standards applicable to your jurisdiction for accurate and compliant financial reporting.
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one of the most important motives for brands to acknowledge is when people ask, 'what’s in it for me?' what type of impulse does this best describe?
This impulse is often characterized by the desire to fulfill personal needs and desires, including the need for security, recognition, achievement, and satisfaction.
The motive for brands to acknowledge the question, "what's in it for me?" is typically driven by the self-interest impulse.
When people ask this question, they are essentially trying to understand the benefits that the brand or product can offer them, and whether or not it aligns with their personal values and goals. As such, brands that can effectively answer this question and address the self-interest impulse are more likely to be successful in engaging and retaining their target audience.
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A written agreement with a promise to pay a supplier a specific sum of money at a definite time is a(n) ______.
Answer: Promissory note
Explanation:
With the help of online research, write a short report on “glocalization.”
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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On May 31, 2010 Amex Corporation acquired all of 10,000 shares of Luck’s outstanding common stock by paying Br 400,000 cash and issuing 20,000 shares of Br 15 par common stock having a market value of Br 40 per share to Luck’s stockholders. In addition, Br 300,000 is contingent up on the achievement of Br 1,000,000 profit margin in the next annual period. The fair value of contingent consideration was Br 100,000. Separate balance sheets of Amex Corporation a
The balance sheets reflect the assets, liabilities, and shareholders' equity of Amex Corporation after the acquisition, with a total balance of Br 1,500,000.
To prepare separate balance sheets for Amex Corporation after acquiring Luck's outstanding common stock, we need to account for the acquisition and the contingent consideration.
Here's an overview of the separate balance sheets for Amex Corporation:
ASSETS:
- Cash: Br 400,000
- Common Stock (at par value): Br 300,000 (contingent consideration)
- Common Stock (at market value): Br 800,000 (20,000 shares * Br 40 per share)
- Total Assets: Br 1,500,000
LIABILITIES:
- Contingent Consideration: Br 100,000
- Total Liabilities: Br 100,000
SHAREHOLDERS' EQUITY:
- Common Stock (par value): Br 300,000
- Additional Paid-in Capital: Br 700,000 (Br 800,000 - Br 100,000)
- Total Shareholders' Equity: Br 1,000,000
Total Liabilities and Shareholders' Equity: Br 1,500,000
The separate balance sheets for Amex Corporation after acquiring Luck's outstanding common stock show that the company has cash of Br 400,000 and has issued 20,000 shares of Br 15 par common stock with a market value of Br 40 per share. The contingent consideration of Br 300,000 is also included, with a fair value of Br 100,000.
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Salespeople who work on deals for constructing office buildings and
shopping centers read magazines like Construction Today and Constructor
Magazine. What kind of knowledge are they developing this way?
A. Account maintenance knowledge
B. Business knowledge
C. Knowledge of buyer behavior
D. Industry knowledge
Industry knowledge is the kind of knowledge are they developing this way. Hence, option D is correct.
What is Industry knowledge?When a person talk about industry knowledge, they mean the body of data and comprehension of the nuances of what is happening in particular industries that are of interest.
Instead, a person can demonstrate their subject-matter experience by highlighting the company's most recent achievements or stressing how inventive they are, and then going into greater detail about what you think distinguishes them from the competition. This is a more overt way to show the firm that you are interested in them.
Four different industries exist. These are the primary, secondary, tertiary, and quaternary. The main purpose of the mining, farming, and fishing sectors is to get raw materials. In the secondary industry, manufacturing comprises the production of items like steel and automobiles.
Thus, option D is correct.
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Answer:
industry knowledge
Explanation:
trust i got it right
During some year a country had exports of $50 billion, imports of $70 billion, and domestic investment of $100 billion. what was its saving during the year?
Savings = Investment +Net exports ( where Net export = Export - Imports)
= 100 + 50-70
= $80 billion
Imports are goods and services purchased from the rest of the world by residents of a country rather than domestically produced items. Exports are goods and services produced in the United States but sold to customers in other countries.
Total imports and total exports are critical components in calculating a country's GDP. They are categorized as "Net Exports." Net exports are calculated by subtracting the total value of a country's exports from the total value of its imports. A trade surplus is indicated by a positive net exports figure.
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what is the primary reason there is greater inconsistency in services than in tangible goods? multiple choice question. service providers do not get consistent feedback from customers. the cost differences among providers generates inconsistent service. the increasing use of technology in delivering services breeds inconsistency. the people who provide services vary in capability or daily performance.
The main reason for greater consistency in services versus tangible products is that people who provide services vary in capability or daily performance.
What are tangible products ?Physical products that can be touched are referred to as "tangible goods." They differ from ethereal goods, which are valuable but not physical objects. Despite the fact that purchasing intangible goods via the Internet is now widely available, tangible goods continue to play an important role in retail. They differ from other services in that the end result is not a physical good.
Anything that can be physically felt, such as printed books, CDs, DVDs, lamps, food, and baseball bats, is considered a tangible good. One of the most basic tests for whether something is tangible or not is whether it can be touched or picked up in the real world.
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what are common problems with using business periodicals as sources
Business periodicals are a valuable source of information for individuals interested in the latest news and trends in the business world.
However, there are some common problems that can arise when using these publications as sources. Firstly, business periodicals may have a bias towards certain companies or industries, which can affect the accuracy and reliability of the information presented. Additionally, the authors of these articles may not be experts in the field they are writing about, which can lead to misinformation or incomplete analysis. Another issue with business periodicals is that they often have a short shelf life, meaning that the information presented may be outdated or no longer relevant by the time it is accessed.
Finally, the sheer volume of information available in business periodicals can be overwhelming, making it difficult to sift through and find the most useful and reliable information. Despite these potential problems, business periodicals can still be a valuable source of information, as long as individuals are mindful of the potential biases and limitations of the sources they are using.
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Income Statement ( Service Business )
Revenue
Expenses
NET INCOME = REVENUE - EXPENSES
Income Statement ( Retail )
REVENUE
COST OF GOODS SOLD (COGS) = GROSS INCOME GROSS INCOME
EXPENSES = NET INCOME
4+ sentences each
revenue income statement
Which type of product advertisement can be used to sell a company’s product when two or more other companies are selling the same product?
Answer:competitive advertising
Explanation:
I’m not for sure but I think that might be the answer
Answer: competitive advertising
Explanation:
if on online course it is what was right
In a traditional economy, decisions about which goods are produced are
based on:
A. what businesses believe will generate the most profits.
B. what the local community has made for generations.
C. what the government decides is important for society.
D. what goods are most likely to sell in international markets.
In a traditional economy, decisions about which goods are produced are based on B. what the local community has made for generations.
What is traditional economy?A traditional economy can be described as the system which involves the practice whereby the goods production as well as the distribution is been directed trhough the activities of by time-honored beliefs.
It should be noted that in this sytem the culture, and traditions are been seen as the catalyst that help in the process of production as well as distribution of goods as well as service.
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What steps must countries take to transition to a mixed-market economy? check all that apply.
Answer:
They must establish a fair labor market
entperise opportunities
Explanation:
A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. ... The licensor or seller of a business opportunity usually declares that it will secure or assist the buyer in finding a suitable location or provide the product to the purchaser-licensee.
hope this helps you.
if sales are $100,000, variable costs are $60,000 and fixed costs are $10,000, what is the contribution margin ratio?
The contribution margin ratio is 0.4 (or 40%).
When sales are $100,000, variable costs are $60,000, and fixed costs are $10,000, the contribution margin ratio is 0.4 (or 40%).
The formula for calculating the contribution margin ratio is as follows:
Contribution Margin Ratio = (Sales - Variable Costs) / Sales
To compute the contribution margin ratio, the sales, variable costs, and fixed costs are required. In this scenario, the given values of sales, variable costs, and fixed costs are: $100,000 in sales$60,000 in variable costs$10,000 in fixed costs Now, we'll use the above formula to calculate the contribution margin ratio.
Contribution Margin Ratio = (Sales - Variable Costs) / Sales= ($100,000 - $60,000) / $100,000= $40,000 / $100,000= 0.4 (or 40%)
Thus, when sales are $100,000, variable costs are $60,000, and fixed costs are $10,000, the contribution margin ratio is 0.4 (or 40%).
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Question 9 Which of the following is the 2nd step in the data processing cycle? Input Output Storage Processing
The data processing cycle and the second step of the cycle, which is processing. In the data processing cycle, data is first collected or entered into the system through input devices such as a keyboard, mouse, scanner, or microphone.
Processing is the 2nd step in the data processing cycle. The data processing cycle consists of several steps, including input, processing, output, and storage. The data processing cycle and the second step of the cycle, which is processing. In the data processing cycle, data is first collected or entered into the system through input devices such as a keyboard, mouse, scanner, or microphone. The next step is processing, which involves transforming the data into meaningful information.Processing transforms the input data into useful information by organizing, sorting, calculating, and analyzing it. The information produced is then passed to the next step of the cycle, which is output. Output involves delivering the information to users in a readable format such as a report, graph, or display on a screen. The final step is storage, which involves saving the data or information in a database or other storage device so that it can be retrieved and used at a later time.Processing is a crucial step in the data processing cycle because it transforms raw data into meaningful information that can be used for decision-making, analysis, and reporting. It is during processing that data is cleaned, validated, and transformed into a format that is useful for analysis or reporting. Without processing, the raw data collected through input devices would be of little use. Hence, processing is an essential step in the data processing cycle.
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What is one benefit of continuing your education after high school?
A. The ability to earn money immediately
B. Postponing responsibility for your actions
C. Increased earnings over the course of your career
D. There is no benefit to continuing your education.
Answer:
C
Explanation:
The most relevant one because university is the place to produce expert in many fields. Thus this will increase your earnings within your course of career.
Answer:
c
Explanation: