Discriminatory Monopolistic market equilibrium is an economic concept that is used to describe a market situation in which a monopoly (single seller) is present and the seller is engaging in discriminatory pricing.
This means that the seller charges different prices to different consumers for the same product or service based on their ability to pay or other characteristics such as race, gender, or age. In this situation, the seller has market power and is able to control the price of the product or service.
In a discriminatory monopolistic market, the seller is able to charge a higher price to some consumers and a lower price to others. This results in a situation where some consumers are paying more than the market price for the product or service while others are paying less. The seller is able to extract more profit from the market by charging higher prices to some consumers.
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In Citation when you use the exact words from a source, you are ______________________.
Answer:
Quoting
Explanation:
or something along those lines
A person's learning style will determine if he or she can succeed in an online course. true or false
The answer is true. The visual, auditory, kinesthetic, and reading/writing learner types are the four categories identified by this model. Although most people have a blend of these four learning styles, they almost always have a dominating one. Each of these teaching methods complements the others. The simplest approach to define "learning styles" could be to say that they are various ways of understanding or learning new material.
These methods refer to how a person perceives, comprehends, communicates, and retains knowledge. The most favored mode in the category of unimodal learning styles was kineesthetic, followed by visual, auditory, and read-write.
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Which statement below is something that political machines and the settlement house movement did not have in common? (1 point)
They operated at the neighborhood level.
Their leaders were admired by local citizens.
They provided assistance to immigrant families
Their leaders won international acclaim.
Answer:
Their leaders won international acclaim.
Explanation:
The first institution to contact if you know you have been an identity theft victim is
The first institution that should be contacted in the case of identity theft is the Federal Trade Commission (FTC).
Why should you contact the Federal Trade Commission (FTC)?If you have fallen victim to identity fraud, you should call the Federal Trade Commission immediately.
They will then help you report to the relevant law enforcement agencies such as the FBI and local police.
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Does a higher per capita GDP correlate to a higher EPI? Or does a country's per capita GDP have nothing to do with its EPI?Choose the graph that best represents your hypothesis about how a nation's EPI score is related to its per capita GDP.
- No relationship: As GDP per capita increases, there is no change in EPI score.
- A positive non-linear correlation: As GDP per capita increases, the EPI score increases at a decelerating rate.
- A negative correlation: As GDP per capita increases, the EPI score decreases.
- A unimodel correlation: As GDP per capita increases, the EPI score increases then decreases.
Your theory regarding the relationship between a country's per capita GDP and its EPI score is represented by a positive, non-linear correlation.
The EPI score rises at a decelerating rate as GDP per capita rises. GDP per capita is correlated with effective policy outcomes, which means that countries can engage in initiatives that produce desired effects when their economies are prosperous. Hence, option b.) is correct.
High Environmental Performance Index (EPI) scorers typically have a history of enacting laws and initiatives to safeguard the public's health, safeguard the environment, and reduce greenhouse gas emissions.
Although the EPI score offers a framework for more rigorous analysis in policy-making, it also identifies a number of serious data shortages that constrain the analytical reach of the rankings.
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If the marginal benefit of the first donut is 30, the marginal benefit of the second donut is 15, and the marginal benefit of the third donut is 10,
what is the total benefit from eating 2 donuts?
Answer:
45
Explanation:
Marginal benefit is the additional satisfaction gained from consuming an additional unit of the good. It refers to the advantage associated with the consumption of one more unit of a product. The total benefit is total satisfaction derived from the consumption of goods and services.
The total benefit of consuming two doughnuts is the sum of consuming the first two doughnuts.
= 30 +45
=45
.A company will most likely use an estimated method of determining inventory when
a. the company is preparing annual financial statements.
b. the company decides not to do a physical inventory.
c. the company has not kept up with their inventory records.
d. a natural disaster has destroyed most of their inventory.
A company will most likely use an estimated method of determining inventory when the company has not kept up with its inventory records. (Option C)
When a company has not kept up with its inventory records, they are likely to use an estimated method of determining inventory. This means that instead of conducting a physical inventory count, the company will make an estimate or approximation of the inventory value based on available information or historical data.
Estimating inventory may be necessary in situations where a company has not maintained accurate and up-to-date records of its inventory transactions. This could happen due to poor record-keeping practices, data loss, or other operational challenges. In such cases, conducting a physical inventory count becomes difficult or impractical.
While the other options may be reasons to consider alternative approaches to determining inventory, they are not as directly related to the need for estimation. Annual financial statements (option a) may involve different inventory valuation methods, such as First-In-First-Out (FIFO) or Last-In-First-Out (LIFO), but they still require accurate inventory data. Deciding not to do a physical inventory (option b) is a deliberate choice and may have specific reasons, but it does not necessarily imply using estimation. Similarly, a natural disaster (option d) causing inventory destruction would require an adjustment for the loss but may still involve physical verification or estimation of the damaged goods.
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what factors influence the power of purchasing power parity to accurately predict exchange rates?
The relative cost of living and inflation rates in various nations clearly influence purchasing power. By accounting for these variations in inflation and cost of living, buying power parity equalizes the purchasing power of two currencies.
How do exchange rates fluctuate as a result of buying power parity?According to the purchasing power parity (PPP) hypothesis, exchange rates are in equilibrium when one country's currency has the same purchasing power as the other.Macroeconomic experts frequently use the purchasing power parity (PPP) statistic to compare the currencies of various nations using a "basket of goods" method. Economists can compare economic productivity and living standards across nations using purchasing power parity (PPP).Consumer behavior is generally influenced by four elements. Whether or if your target customer purchases your goods depends on these considerations. They are social, psychological, personal, and cultural.Comparing values across countries is substantially more accurate when done using the PPP conversion method.To Learn more about purchasing power refer to:
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Eaton Company issued $5 million of bonds with a 10% coupon rate of interest. When Eaton issued the bonds, the market rate of interest was 11 %. Wwhich of the following statements is correct? a) The bonds were issued at a premium. b) Annual interest expense will exceed the company's actual cash payments for interest c) Annual interest expense will be $500,000. d) The book value of the bond will decrease as the bond matures.
Eaton Company issued $5 million of bonds with a 10% coupon rate of interest. When Eaton issued the bonds, the market rate of interest was 11%. The correct statement is Annual interest expense will exceed the company's actual cash payments for interest.
When a company issues bonds, the market rate of interest at the time of issuance determines the effective interest rate that the company will pay on the bonds.
In this case, since the market rate of interest was higher than the coupon rate of interest, the bonds were issued at a discount. As a result, the company will receive less cash than the face value of the bonds at issuance.
The discount represents an additional cost of borrowing, which is recognized as interest expense over the life of the bonds. The interest expense is calculated as the effective interest rate multiplied by the carrying value of the bonds.
Since the coupon rate is less than the market rate, the company will pay less in cash interest payments than the interest expense recognized in the income statement.
The difference between the cash interest payments and the interest expense recognized in the income statement is the amortization of the bond discount. This results in a higher interest expense recognized in the income statement than the actual cash payments made.
Therefore, option b) Annual interest expense will exceed the company's actual cash payments for interest is correct.
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explain any 3 savings offered by postal service
Savings accounts come in a variety of varieties, and they are not all the same. Traditional savings accounts, high-yield savings accounts, money market savings accounts, certificates of deposit, cash management savings accounts, and speciality savings accounts are available.
What postal savings accounts are and how they workFrom 1911 through 1967, the United States ran a postal savings program that allowed people to deposit money in accounts secured by the government and generating interest. However, as commercial banks raised the interest rates on savings accounts, the Postal Savings System's popularity fell, and the program was abandoned in 1967.
What are the finest Post Office savings?The outcomes are guaranteed because this post office initiative is sponsored by the Indian government. The interest rate for the current quarter is 6.8%. (October 2022–December 2022). This fixed-income savings plan has a five-year term. Therefore, the lock-in time is also five years.
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Introduction: Over the last couple of years, load shedding has become a regular phenomenon in South Africa. Energy experts have warned that load shedding may continue for several years as Eskom battles coal shortages and high maintenance costs. Furthermore, ESKOM is seeking a 45% tariff increase spread over 3 years. With this in mind, a local businessman has decided to investigate switching to solar energy.
2. Scope: The local businessman owns an office block from 08h00 in the morning until 17h00 in the afternoon. The main equipment running on electricity are as follows:
Unit
LED down lights
LED strips
Outside lights
Aircons
Aircons
Aircons
Telephones
Laptops/PCs
Sony TV
KIC Fridge
Microwave
Z
• The grass is cut once a week with an electric lawn mower. It takes about 2 hours to do this. • There is an electric gate that is used during office hours to access the area behind the building.
• The businessman is willing to cut back on aircons in time where there is constraints. • There is an existing generator to keep the critical equipment running in case of loadshedding (no aircons used in this scenario).
• The roof is flat and covers quite a large area. If need be, the shaded parking can also be used for solar panel space.
3. Request: The request is to come up with a proposal for the local businessman based on this information. The average electricity cost currently is R2,500 per month, but the consumption is expected to increase over the next couple of months (as per ESKOM tariff increases).
The following should be included/taken into account in the proposal:
• Should the businessman opt to go completely off the grid or remain tied to the grid?
• Should batteries be included? If indeed, how many?
• The increase in the ESKOM tariff over the next couple of years.
• Payback period.
• Will this be profitable
Proposal for Solar Energy System ImplementationProposal for Solar Energy Implementation
Introduction: Given the frequent occurrence of load shedding in South Africa and the challenges faced by Eskom, it is wise for the local businessman to explore switching to solar energy. This proposal aims to outline the feasibility of implementing solar power in the businessman's office block. Scope: The office block operates from 08h00 to 17h00 and uses various electrical equipment, including LED lights, air conditioners, telephones, laptops/PCs, a TV, a fridge, and a microwave. Other factors to consider are the electric lawn mower, electric gate, availability of roof and shaded parking for solar panels, and the existence of a backup generator. Proposal Details:a) Off-Grid vs. Grid-Tied:
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On what basis do people often make sense of the world, reach decisions, and organize their lives?
On what basis do people often make sense of the world, reach decisions, and organize their lives on the basis of their religious beliefs
The Equality Act protects any individual against discrimination because of your religious beliefs.
Religious belief means the belief in a religion’s central articles of faith. It also means beliefs which do exists within a religion, but those are not shared by everybody within that religion.
Here are some examples of religious beliefs given below:
The belief of some Christians is that they should wear a cross as a symbol of their faith
The belief within Islam is that a woman should cover her head or her whole body.
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Which transaction caused John to overdraw his account?
By examining the financial figures provided above for John's account, it is clear that check no. 410 for $710.49 was the reason for John's account overdraft. As a result, choice (C) is valid.
What does overdrawing an account mean?A transaction in which the account holder is permitted to take more money than the account's actual balance is referred to as an overdraft from the account. The account balance is negative following a transaction that results in an overdraw.
One can clearly infer from the account statement shown above that an overdraw transaction occurred after Check No. 410 for an amount of $710.49 was drawn since the account's balance was negative for the first time.
Hence, Option (C ) is the accurate one.
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Your question is incomplete, probably the complete question is:
Which transaction caused John to overdraw his account?
(A) The Online Bill Payment of $146.67
(B) Check No. 409 for $100
(C) Check No. 410 for $710.49
(D) The Overdraft Fee of $35
Which of the following is a benefit of using plain
text files?
They include bold, italic, and other text
formatting
They are easier for people to read.
They can be read by many software
programs.
They can display video content.
They can be read by many software programs.
The principal benefit of undeniable text codecs is their simplicity: we do now not require complex software to create a textual content record; we no longer need esoteric capabilities past being able to kind on a keyboard; it is easy for people to view and adjust the facts. sincerely all software program packages can examine and write text files.
What is apparent textual content?In computing, simple text is a loose time period for information (e.g. file contents) that constitutes the most effective characters of readable fabric but not its graphical representation or different items.
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Case study 3
Case 1 - A friend buys you a cup of coffee at Tim Hortons during "Roll up the Rim to Win". You roll up the rim and win the grand prize.
Who does the prize belong to? You, your friend, or do you have to share? Discuss your rationale.
Case 2 - Arnold owned three building units (A, B,C) in a commercial development. As a result of some financial difficulties he emailed Bob as follows, "I will sell you one of my units for $150,000. Bob immediately emails back, "I accept the offer.
Is an email exchange such as this one valid in forming a contract?
Case 3 – Monica invited Brody to the New Year’s dinner and dance. Brody accepted the invitation and agreed to accompany Monica, who purchased the tickets and arranged a limo. Two days before the dance, Brody tells Monica that he is no longer interested in going to the dance with her.
What contract formation issue could determine whether a contact has been formed.
RUBRIC:
Questions 1, 2, 3 – 4 marks each + 4 marks spelling and grammar = TOTAL 16 marks.
The specific circumstances and any prior discussions or agreements between the parties would need to be considered to determine if a valid contract was formed.
Case 1: In the scenario where a friend buys you a cup of coffee during "Roll up the Rim to Win" at Tim Hortons and you win the grand prize, the prize belongs to you. The rationale behind this is that the act of rolling up the rim and winning the prize was performed by you, and the cup of coffee was a gift from your friend. As the recipient of the cup and the one who participated in the contest, you are entitled to the prize.
Case 2: The email exchange between Arnold and Bob can be valid in forming a contract. Generally, contracts can be formed through various means, including electronic communication such as email. For a contract to be valid, certain elements need to be present, such as an offer, acceptance, consideration, and intention to create legal relations. In this case, Arnold made an offer to sell one of his building units to Bob for a specific price, and Bob's immediate email response accepting the offer indicates his intention to enter into a contract. However, it's important to consider any additional legal requirements specific to the jurisdiction and context.
Case 3: The contract formation issue that could determine whether a contract has been formed in this scenario is the concept of consideration. Consideration refers to something of value exchanged between parties as part of a contract. In this case, Monica extended an invitation to Brody to the New Year's dinner and dance, and Brody accepted. Monica subsequently purchased tickets and arranged a limo, which can be seen as her consideration. However, Brody's change of heart and informing Monica two days before the event raises the question of whether he provided consideration or if his acceptance of the invitation alone was sufficient to form a binding contract.
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Even when economic indicators show that the economy is down, small businesses often thrive. Think of a small business in your community that would do well, even if people did not have a lot of extra money to spend, and explain the advantages it has over larger businesses.
Answer:
A drug store is a type of business that is likely to do well even in an economic recession.
This is because drug stores sell an essential good, that often has a high price, and that is needed by many people, specially those who suffer from chronic diseases.
In other words, people will likely reduce their consumption of many other goods before reducing their consumption of prescription drugs.
A healthcare organization with 2 hospitals, 20 clinics, and 3 urgent care centers belongs to an ACO program. They have been in the shared savings program for two years and are now eligible to move large payments to a population-based model as they have been successful in keeping costs down and have met all the CMS benchmarks set for them. What type of ACO is this
Answer:
Pioneer ACO Model
Explanation:
The Pioneer ACO Model refer to the cms innovation center where it designed to support the organization with experience or the similar arrangement that could provide more coordinated care at the lower cost Since in the given situation they are eligible and shift to the large kind of payment so that the cost can be come down also it mets the benchmarks of the CMS so here the pioneer ACO model could be considered
why might it be difficult to measure success using market share?
Answer: Certified answer
Explanation: Measuring success using market share may be difficult for several reasons. One reason is that market share does not take into account the profitability of a business. A company may have a high market share but still have low profitability due to high costs or low margins. On the other hand, a company with a low market share may be highly profitable due to low costs and high margins.
Another reason why market share may not be a reliable measure of success is that it does not consider the size of the market itself. A company may have a high market share in a small market but still have lower revenues and profits than a company with a smaller market share in a larger market.
Moreover, market share may not account for other important factors such as customer satisfaction, brand reputation, and innovation. A company with a high market share may be losing customers due to poor customer service or a negative brand reputation, which could lead to a decline in future sales.
Finally, market share can be affected by external factors such as changes in the market or economic conditions, which can make it difficult to maintain or increase market share even if a company is performing well in other areas.
Therefore, while market share can be a useful indicator of a company's competitive position, it should not be the only measure used to assess success.
Answer:
Measuring success using market share can be difficult for several reasons:
Market growth: Even if a company's market share remains the same or increases, it does not necessarily mean the company is successful. This is because the overall market might be growing, and other companies may be gaining market share at a faster rate. So, even though a company's market share might increase, its actual sales and revenue might be decreasing.
Market saturation: In mature markets, it may be challenging for a company to increase its market share significantly. This is because the market is already saturated, and there is limited room for growth. In this case, measuring success based solely on market share may not be an accurate representation of a company's success.
Fragmented markets: In fragmented markets with many small competitors, market share might not be an accurate measure of success. This is because a company's market share might be small, but it could still be profitable and successful.
Different market segments: A company might have a large market share in one segment of the market but be relatively insignificant in another segment. In this case, measuring success based on overall market share might not provide an accurate picture of the company's success in specific segments.
Price competition: A company might increase its market share by lowering prices, but this strategy might not be sustainable in the long term. In this case, measuring success based on market share might not be an accurate reflection of the company's profitability or overall success.
Therefore, while market share is an essential metric for companies, it should not be the sole measure of success. Other factors such as profitability, customer satisfaction, and brand reputation should also be taken into account when measuring success.
Pick two of these 4 short answer questions. If you complete more than two questions, only the first two will be graded.
1. Discuss at least 6 important tasks that most individuals face when developing through emergent adulthood.
2. Discuss three aspects of an adolescent girl’s life that impact the onset of menarche/puberty.
(Be sure to state the characteristics and how they impact the timing.)
3. What is the difference between extrinsic and intrinsic motivation?
4. Why does conflict between kids and their parents increase during adolescence?
PICK ONE OF THE THREE options below. Give a comprehensive response to the prompt.
I. What signifies that someone is an adult? Discuss how biology, emotional changes, cognitive changes, social changes, legal changes, age, and cultural practices combine to determine when a child becomes an adult.
II. People often recommend that individuals should take their hobbies and turn them into careers. Is this good advice? Explain why or why not.
III. Describe the typical progression of relationships from finding a partner up until marriage. What characteristics of the relationship partners and their behaviors in the relationship predict success?
III. Describe the typical progression of relationships from finding a partner up until marriage. What characteristics of the relationship partners and their behaviors in the relationship predict success.
The typical progression of relationships from finding a partner up until marriage is different for every couple. Generally, it begins with two people meeting and getting to know each other, followed by a series of dates and romantic gestures, and ultimately, a decision to become committed partners. Some couples may choose to live together before marriage, while others may decide to tie the knot right away.In terms of the characteristics of the relationship partners and their behaviors in the relationship that predict success, there are several factors that are important to consider.
First, communication is key. Couples who are able to effectively communicate with one another tend to have healthier relationships and are better able to resolve conflicts when they arise.Second, shared values and goals are important. Couples who have similar beliefs and aspirations are more likely to be successful in the long term. This includes things like religious beliefs, political views, and life goals such as having children or traveling the world together.Third, mutual respect and trust are essential.
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Why is a brand important to a business?
A real estate broker has a computerized loan origination (CLO) terminal in her office. Because there are more than a dozen lending institutions in the city, the broker has found that the CLO greatly streamlines the application process for her clients. She sits down at the terminal with a homebuyer and these three events take place:
1. The broker explains that there is a fee for using the terminal of one-half point, based on the loan amount, and that the homebuyer may choose to finance the fee.
2. The broker explains only the different kinds of services offered by the two local lenders who pay her a monthly screen fee to be included on the CLO system.
3. The broker helps the homeowner answer the on-screen qualification questions.
Which of these events is an improper use of a CLO system?
a. 1 only
b. 2 only
c. 2 and 3
d. 1
Answer:
d because d is the best answe
A business receives $5 000 for Rent
Revenue and deposits this amount into its
Bank account. How will this transaction
be recorded?
Answer: Dr Bank $5 000; Cr Rent Revenue $ 5 000
Explanation:
From the information given in the question, we are informed that a business receives $5 000 for Rent
Revenue and deposits this amount into its bank account, this transaction will be recorded thus:
Debit Bank $5000
Credit Rent Revenue $5000
The correct journal entry is written above with regards to the transaction.
why storage forms a key aspect in fruit farming ?
Answer:
The goal of storage is to keep them in a dormant state. Once harvested some fruits do not ripen, while others will continue to ripen after harvest because they naturally produce a gas called ethylene.
4. As a result of the Covid pandemic, the management of FeiFei plc (F) are discussing with the executive workers union Emsa (E), the introduction of more flexible working practices to help increase profits. In return for accepting the new working practices, E are negotiating an increase in salaries. In these negotiations, E are attempting to maximise salaries and F are attempting to maximise their profits. Both F and E realise that they can each employ one of three negotiating strategies, and the profit/salary increase (%) depends upon the strategy employed by both F and E as follows:
E's Strategy
E1
E2
E3
F1
(5,6)
(6,8)
(2,7)
F's
F2
(5,4)
(8,5)
(2,6)
Strategy
F3
(5,3)
(8,3)
(3,4)
(If F employs F1 and E employs E1 then profits will increase by
5% and salaries will increase by 6%)
(a) Determine the likely outcome of these negotiations and explain how a more optimal outcome for both F and E might be achieved.
(300 words maximum) (35 marks)
The management of FeiFei plc (F) is also attempting to renegotiate a deal for the cost of its raw materials from Hippo plc (H). The price that F will pay and the amount that H will receive per unit of raw material (£) depends upon the strategies they both adopt as follows:F's Strategy
F4
F5
F6
H1
8
12
4
H's
H2
10
6
11
H3
10
14
8
Strategy
(If H employs H1 and F employs F4 then H will receive £8 per unit for the raw material and F will pay £8 per unit for the raw material).
(b)
(c)
Discuss why H3, F4 might appear to be a 'solution' to these negotiations and explain why it is unlikely to be achieved in practice.
(250 words maximum) (25 marks)
Determine the optimal strategy for both H and F in these negotiations and the amount which F can expect to pay for the raw materials. Explain the method
adopted at each stage of these calculations.
(300 words maximum) (40 marks)
The outcomes, represented as (profit increase, salary increase), indicate that the most favorable outcome for both F and E is when F employs strategy F2 and E employs strategy E2, resulting in a profit increase of 8% and a salary increase of 8%.
By analyzing the possible strategies and their corresponding outcomes, it becomes clear that F2 and E2 offer the highest gains for both parties. However, to achieve a more optimal outcome, F and E could employ cooperative negotiation strategies. This approach would involve open communication, compromise, and finding a mutually beneficial solution that balances profit maximization for F and salary maximization for E. By focusing on long-term sustainability and growth, both parties can work together to create a win-win situation that addresses their respective objectives.
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How can specialization benefit both producers and consumers in a free market economy?
n economy has a fixed price level, no imports, and no income taxes. MPC is 0.8, and real GDP is $200 billion. Businesses increase investment by $10 billion Calculate the new level of real GDP and explain why real GDP increases by more than $10 billion. The new level of real GDP is $billion. Real GDP increases by more than $10 billion because the increase in investment O A. increases exports B. O C. O D. induces an increase in consumption expenditure increases the marginal propensity to consume enables firms to produce more output
Option (c), Real GDP rises by more than $10 billion as a result of the increase in investment, which also causes a rise in consumption.
What is the impact of increased investment on GDP?Due to the creation and sale of physical capital, an increase in business investment directly improves the current level of gross domestic product (GDP) in the short term. Business investment, one of the GDP's most volatile components, has a history of suffering significant quarterly fluctuations.
What causes a rise in real GDP?The real GDP is adjusted to account for increases in inflation. In the case of positive inflation, this suggests that real GDP will be lower than nominal GDP and vice versa. Without accounting for actual GDP, positive inflation significantly raises nominal GDP.
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[15 POINTS] Which negative quality does Deborah exhibit? Deborah believes that people of other nationalities are inferior to her. She treats them with disdain and does not miss an opportunity to abuse them. Deborah is a (BLANK) .
Answer:
rasit
Explanation:
i got it right on plato have a nice day!
Deborah is Xenophobic. Xenophobic are those who fear or hate those who have different nationalities, race, language etc.
XenophobiaIt is the fear and hatred for people who are percieved as aliens to the xenophobic person's culture, nation, language, race etc. Since Deborah view other nationalities as inferior, and treats them with disdain and abuse, it suggest that she hates people who, she thinks, are alien to her nationality. Therefore, the negative quality Deborah exhibit is the Xenophobia.
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Write a charter for your Portfolio Project. Key components that must be incorporated into your charter include: - Official project name description (use your imagination) - Location, i.e., where the project is located. If you are presenting a fictitious project, you may also present a fictitious location. - Project goal - Business case - Expected project outcome - Basic timeline that shows how you will implement the plan - Resources required for the project - Approximate budget - Communications or reporting structure
Charter for a Portfolio Project named "Project Sunshine"Official project name description (use your imagination):Project Sunshine is a comprehensive effort to provide solar power to underdeveloped communities.Location, i.e., where the project is located.
If you are presenting a fictitious project, you may also present a fictitious location:Project Sunshine will be located in the rural communities of West Africa, where there is a lack of access to electricity.
Project goal:The goal of Project Sunshine is to provide sustainable and affordable solar power to underdeveloped communities, ultimately improving their standard of living.
Business case:The main objective of Project Sunshine is to provide an affordable and eco-friendly source of electricity. Providing solar power to these communities can potentially reduce their dependence on fossil fuels and increase their productivity. Project Sunshine will also create employment opportunities in the communities it serves, which will ultimately boost the local economy.
Expected project outcome:Project Sunshine aims to provide clean, reliable, and affordable solar power to 100,000 households in West Africa. The project will also provide job opportunities for local residents and enhance their standard of living.
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The outer edge of a circular running track is 330m long. If it is widened by 7m all around, find the cost of widening it at 8 per square metre.
Answer:
Here given that perimeter of circular running track =330m
Let radius=r
As we know that in a circle
\({\boxed{\sf Perimeter=2\pi r}}\)
Substitute the values\(\qquad \quad{:}\longmapsto\tt 2\times\dfrac {22}{7}×r=330 \)
\(\qquad \quad{:}\longmapsto\tt \dfrac {44}{7}r=330 \)
\(\qquad \quad{:}\longmapsto\tt r=\dfrac {330×7 }{44}\)
\(\qquad \quad{:}\longmapsto\tt r=\dfrac{2310}{44}\)
\(\qquad \quad{:}\longmapsto\tt r=52.5 \)
\(\therefore\sf r=53m (Approx)\)
Again
\({\boxed{\sf Area=\pi r^2 }}\)
Substitute the values\(\qquad \quad{:}\longmapsto\tt Area=\dfrac{22}{7}×(53)^2 \)
\(\qquad \quad{:}\longmapsto\tt Area=8828.2m^2 \)
\(\therefore\sf Area=8828m^2 (Approx)\)
Nowthe radius is increased by 7m
Hence
New radius=(x+7)m=53+7=60m
New Area=
\(\qquad \quad{:}\longmapsto\tt \pi. r^2 \)
\(\qquad \quad{:}\longmapsto\tt \dfrac {22}{7}(60)^2 \)
\(\qquad \quad{:}\longmapsto\tt \dfrac {22}{7}×3600 \)
\(\qquad \quad{:}\longmapsto\tt 11314.28m^2 \)
\(\therefore\sf AREA=11314m^2 (Approx).\)
nowArea of widened Area=New area-Old Area
\(\qquad \quad{:}\longmapsto\tt 11314-8828 \)
\(\qquad \quad{:}\longmapsto\tt 2486m^2 \)
Cost of widening per square=8Total cost=
\(\qquad \quad{:}\longmapsto\tt 2486×8 \)
\(\qquad \quad{:}\longmapsto\tt 19888\)
\(\therefore\sf Total\:cost\:is\: 19888.\)
Can't understand the attachment?Here is a latex diagram for your question.
\(\Huge\downarrow \)
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A person performs a cost-benefit analysis in order to:
A. calculate the expenses of multiple businesses competing in the
same market.
B. evaluate the possible positive and negative effects of different
economic decisions.
C. analyze economic data to reach general conclusions about a
country's economy.
D. determine the tax rates a business will pay depending on its
profits in a year.
o
Answer:
B. evaluate the possible positive and negative effects of different economic decisions.
Explanation:
Cost-benefit analysis (CBA) is used to examine and compare the cost associated with a project or task and the benefits derived from it.
Simply stated, cost-benefit analysis is a form of utilitarianism commonly used by individuals, business firms and government in the decision-making process, as all the cost incurred are determined and analyzed.
This ultimately implies that, it may be used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Cost-benefit analysis (CBA) sums the total cost associated with a project (activity) and compares this cost against the total benefits that would be generated. Thus, it helps in the decision-making process by comparing the net present value (NPV) of the cost of a particular project with the net present value (NPV) of its benefits.
Hence, a person performs a cost-benefit analysis in order to help him or her evaluate the possible positive and negative effects of different economic decisions with respect to an investment, project, activity, or programme.