Job satisfaction has a positive effect on job performance.
When individuals are satisfied with their jobs, they tend to be more motivated, engaged, and committed to their work. This positive mindset can lead to increased productivity, higher quality of work, and greater overall job performance. Satisfied employees are more likely to put in extra effort, exhibit creativity and innovation, and demonstrate higher levels of job involvement.
They are also more likely to have better interpersonal relationships, cooperate with colleagues, and contribute positively to the overall work environment. Ultimately, job satisfaction plays a crucial role in enhancing job performance and organizational success.
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Can I please get help on this it is do today please!!!!!
3.6.2 Teut (COT): The Pret la foi
Question 1 of 25
2 Points
Which of the following has the lowest housing prices and the smallest
population density?
O A. Inner-city neighborhoods
B. Rural areas
O C. Suburban developments
O D. High-rise apartments
The correct answer is B. Rural areas
Explanation:
High population densities, as well as high housing prices, are mainly found in cities or nearby areas as most jobs and industries are located in these areas. This increases not only the number of people that live in these zones but also the price of housing as the prices of properties are higher due to a higher demand. This means, zones such as inner-city neighborhoods, suburbs, and similar are highly populated and the house prices are high.
On the other hand, nowadays rural areas have a small population density because most people are not interested in living in rural areas as it would take more time to get to cities where jobs and major industries are. Similarly, the housing prices are lower because the demand or number of people interested in buying properties is lower, which makes general housing prices lower.
Keri has already installed Microsoft Office Tools. When she opens Excel, the first step toward making the Analysis ToolPak available is to
open Advanced Filter under the Data tab.
open Microsoft Office Help.
go to the Formulas tab and click More Functions.
go to the Excel Options dialog box.
Answer:
Open Microsoft Office Help.
Go to the Formulas tab and click More Functions.
Explanation:
Select File → select Options → select Advanced → scroll to General → insert the location in the "At startup, open all files in" dialog box.
Answer:
open Microsoft Office Help
Explanation:
:)
"in preparing an investment policy statement, which of the following is most difficult to quantify?
A. Time horizon.
B. Ability to accept risk.
C. Willingness to accept risk"
"The most difficult factor to quantify when preparing an investment policy statement is willingness to accept risk." option C is correct.
A client's outsourced chief investment office, board members, investment committee, and investment managers are all named in an investment policy statement, which also includes a description of the client's financial goals and investment objectives.
You can use the money you invest to achieve your long-term financial objectives. It is likely that investing your money will bring you returns. An asset or item purchased with the intention of earning money or increasing in value is an investment.
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This activity is important because it covers important terms for effective money management. The goal of this exercise is to identify the best ways to manage your personal finances. Complete each statement with the correct term. Note not all terms will be used.
Remainder Part of the Question:
Build Your Financial Base Terms:
The ______ is one of the best places to put your money.
A _______ is one of the worst places to keep long-term investments.
You can use a _______ to keep track of purchases.
Your _______ is likely to be the largest of the most important investments you make.
It is wise to plan your financial future with _______.
Available Options are:
Credit Card, Bank Account, Home, Uncertainity, Excitement, car, insurance, stock market, payday loan.
Answers:
A. Stock market
B. Bank Account
C. Credit Card
D. Home
E. Insurance
Explanation:
A. The Stock Market is one of the best places to put your money.
Stock markets are the source of raising funds for investments by the companies. The stock market helps the investor to choose the investment with appropriate returns and risks. Furthermore the investor can also diversify its return by managing the portfolio of investments.
B. A Bank Account is one of the worst places to keep long term investment
The lowest returns are on saving accounts hence it is the worst place for long term investments.
C. You can use Credit Card to keep a track of your purchases.
Credit cards can be used for tracking all of purchases because monthly statement mailed to you includes all the spendings during the year.
D. Your Home is likely to be the largest of the most important investments you make
Buying home is considered as one of the largest investments as it takes substantial savings of the person to buy an house. A roughly estimate would be the savings of 3-4 years for a small house for a couple.
E. It is wise to plan your financial future with Insurance.
Because Insurance helps you to lower your financial risks. The risk is associated with life, home, car, and physical assets and thus the investor must use insurance facility.
Does decreasing the value of the local currency contributes in the increase of the economic growth rate
Answer:
Yes
Explanation:
Devaluation is the purposeful reduction of the value of a nation's currency in relation to another currency or group of currencies. When the currency is devalued, it can lead to an increase in the export of the nation's produce because the price of the exported goods is cheaper and foreign countries are most likely to purchase cheap goods.
The economic growth rate of a nation is the change in percent of goods and services produced in a country over a period of time. It gives an idea of the income of the average citizen in the country. When the value of the local currency is devalued, exports will increase and that will also cause an increase in the income of citizens. This translates to a resultant increase in the economic growth rate of the nation.
when the marketing manager at tony's pizza decided to target households with children ages 6 to 12 to reverse the sales trend in this segment, she was converting information into a(n)
Based on the fact that the marketing manager decided to target households that had children aged 6 to 12, this meant that she converted information into an action recommendation.
What is an action recommendation?An Action Recommendation refers to when a trend is noticed on data or information that is derived for a specific purpose, such as the sales trend described, and then this information is used to make decisions that either reverse the trend, or continue it and take advantage of it.
The sales trend information showed the marketing manager that there was a need to reverse it and so she used the data to make the Action Recommendation of targeting homes with children aged 6 to 12.
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What did the Federal Reserve do in response to the Great Recession ?.
The Fed was knowledgeable about the great recession crisis with a four-pronged strategy. First, it flooded the banking sector with liquidity. Second, it invoked emergency powers granted to that throughout the nice Depression to lend to money establishments apart from banks.
Third, it quickly cut the funds rate to zero. The Fed has many financial policy tools it will use to fight a recession. It will lower interest rates to spark demand and increase the quantity of cash in circulation via open market operations (OMO), together with quantitative easing (QE), through that further sorts of assets is also purchased by the Fed.
Of course, the 2008 money crisis upset this balance severely. To assist restore liquidity to the industry and stimulate the economy, the Fed slashed short interest rates from four.25 p.c in December 2007 to almost zero by December 2008—the lowest rate within the Fed's history.
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Under the double declining balance method, the annual depreciation rate is multiplied by the __________ of the asset.
a) cost b) net book value
Under the double declining balance method, the annual depreciation rate is multiplied by the net book value of the asset (Option b).
The double declining balance method is an accelerated depreciation method commonly used in accounting. It assumes that an asset depreciates more quickly in its early years and slows down over time. To calculate the depreciation expense for a particular year, the annual depreciation rate (which is double the straight-line rate) is applied to the book value of the asset.
The book value of an asset is the initial cost of the asset minus the accumulated depreciation. It represents the net value of the asset at a given point in time. By multiplying the annual depreciation rate by the book value, the double declining balance method allocates a higher depreciation expense in the early years of an asset's life and gradually reduces the depreciation expense as the book value decreases.
This method allows businesses to reflect the decreasing economic usefulness and value of an asset over its useful life, aligning with the matching principle in accounting. Hence, b is the correct option.
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owner, andy pforzheimer, holds a meeting with his employees in which they discuss food costs. during this meeting, andy is performing the _____ function of his job.
Owner, andy Pforzheim, holds a meeting with his employees in which they discuss food costs. during this meeting, and is performing the controlling function of his job.
What is a meeting?
The goal of this meeting is to ensure that all parties are aware of how a project is progressing. A discussion aim is a short sentence that sums up the intended result of the gathering. Its main objective is to set individuals up with sights for them to engage jointly.
The planning, organizing, guiding and supervising of staff actions in conjunction with certain other resources in order to attain organizational goals.
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The role of the forward FX contract is to offset the uncertainty regarding the future spot rate on a particular currency at the end of the investment horizon.
True or False?
True.
A forward FX contract allows an investor to lock in a future exchange rate for a specific currency, which helps to mitigate the risk of uncertainty surrounding the spot rate at the end of the investment horizon.
By entering into a forward contract, the investor can secure a known exchange rate and reduce their exposure to fluctuations in the currency market. However, it's important to note that forward contracts are not foolproof and there is still some risk involved.
Factors such as unexpected political or economic events can impact exchange rates, even if they are locked in through a forward contract.
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question at position 18 some governments are investing in socially assistive robots with the hope that they will address the growing demand for care giving. this hope qualifies as what type of function?
Investing in socially helpful robots in the hopes that the government will use them to meet the rising need for caregiving is known as manifest function.
What is a manifest function example?Rain is the manifest effect of a war dance, which Merton used as an illustration in his 1957 text Economic Theory on Social Structure. Participants in the ritual intend and seek this result.
What does the psychological term "manifest function" mean?Secondary functions are those that are unknown and unplanned and are distinct from manifest functions, which are recognized and desired impacts of any social pattern. Any social institution's contribution to the persistence of a group, society, or society must be examined in order to assess its evident functions.
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The characteristics of focus on community, reduction in inequality, government can do good, and revolutionary change all represent which ideology in the American democratic-capitalist system
The characteristics of focus on community, reduction in inequality, government can do good, and revolutionary change align with the ideology of progressivism within the American democratic-capitalist system.
Progressivism is a political ideology that emerged in the late 19th and early 20th centuries in the United States. It advocates for social and political reforms to address societal issues, promote equality, and improve the well-being of all citizens. Progressives believe in the power of government to bring about positive change and ensure the welfare of society as a whole.
The focus on community signifies the belief in collective well-being and the importance of addressing societal needs as a whole rather than solely focusing on individual interests. Reduction in inequality reflects the progressive goal of creating a more equitable society by addressing disparities in wealth, income, and opportunities.
The belief that government can do good implies that progressives view government as a tool for positive change and social improvement. They often advocate for government intervention and policies to address social issues, regulate economic activities, and provide public services.
The notion of revolutionary change suggests that progressivism aims to challenge and transform existing systems and structures to create a more just and inclusive society. Progressives may seek significant reforms and changes in various areas, including social welfare, labor rights, civil rights, and environmental policies.
Overall, the characteristics of focus on community, reduction in inequality, government can do good, and revolutionary change align with the ideology of progressivism in the American democratic-capitalist system.
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Use your Black-Scholes option pricer to
• reproduce the results for the merger shown in the "Combined" column of the table
on slide 14 of lecture 23, and
• calculate the impact on each of these values (Firm, Equity, and Debt) if the
cash-flow correlation decreased from 0.4 to 0.2, and
• briefly explain the impact that you calculated.
Using the Black-Scholes option pricer to reproduce the results for the merger shown in the "Combined" column of the table on slide 14 of lecture 23 we can start by calculating the D1 and D2 values. D1 and D2 can be calculated by the following formulas.
D1 = (ln (Firm/Eq)+(Debt-Equity/2)+σ²t/2)/σ √tD2
= D1 - σ √t
Firm, Equity, and Debt are the values as given in the table. The values for σ and t are 0.35 and 3 respectively. Once we have D1 and D2, the value of the call option can be calculated as given below.
Call option value = EQ N(D1) - Firm N(D2)
where EQ represents the strike price as given in the table. By substituting the given values, we get the following.
Call option value
= 60 N(1.14) - 45 N(0.66)
= $15.68
Impact on values if cash-flow correlation decreased from 0.4 to 0.2:
For a merger, the cash flow correlation (ρ) is an important parameter that can affect the values of the firm, equity, and debt. The value of ρ is used in calculating the volatility of the combined firm. A decrease in ρ will lead to a decrease in volatility and therefore lead to a decrease in the value of the firm. The impact on the values of firm, equity, and debt, if the cash-flow correlation decreased from 0.4 to 0.2, can be calculated using the following formulas.
D1 = (ln (Firm/Eq)+(Debt-Equity/2)+σ²t/2)/σ √tD2
= D1 - σ √t
Call option value
= EQ N(D1) - Firm N(D2)
where EQ represents the strike price as given in the table. The values for Firm, Equity, Debt, σ, EQ, and t are given in the table. The new values of σ and t can be calculated as follows.
σ_new
= σ / ρ_newρ_new
= 0.2t_new
= t / (ρ_new)²
Once we have the new values of σ and t, we can repeat the calculations to get the new values of the call option and the values of the firm, equity, and debt.
The impact of decreasing the cash-flow correlation from 0.4 to 0.2 can be seen in the table below. A decrease in the cash-flow correlation leads to a decrease in the value of the firm, which in turn leads to a decrease in the value of equity. The value of debt is not affected much by the decrease in the cash-flow correlation.
Overall, the decrease in the cash-flow correlation leads to a decrease in the value of the firm, which is reflected in the lower value of equity. This decrease in value is due to the fact that a lower cash-flow correlation leads to a lower volatility of the combined firm.
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Write a letter to your uncle aboard
tell him two things u need for school.
Answer: A backpack, And a binder
Explanation:
please respond to all parts of the question below, each with its own section. a. do you think businesses should voluntarily undertake environmental efforts, beyond those required by law? why or why not? b. describe the sustainability management practices of a business firm with which you are familiar. which stage of the corporate environmental responsibility model best fits this firm, and why? looking again at this same firm, what steps might its managers take to improve its environmental performance? in answering this question, consider the various elements of effective environmental management.
a. Yes, I think businesses should voluntarily undertake environmental efforts beyond those required by law. There are several reasons for this:
Environmental degradation can have negative impacts on businesses, including increased costs due to natural disasters or regulatory fines, as well as reputational damage from negative public perception. By proactively addressing environmental issues, businesses can mitigate these risks and potentially even benefit from improved reputation and customer loyalty.Some environmental efforts may also have financial benefits for businesses, such as reduced energy costs from energy efficiency measures or the ability to sell excess renewable energy back to the grid.Businesses have a responsibility to operate in a way that takes into account the well-being of society and the environment. By proactively addressing environmental issues, businesses can demonstrate their commitment to sustainability and their broader role in society.b. One business firm that I am familiar with that has strong sustainability management practices is Patagonia, an outdoor clothing and gear company. Patagonia has a comprehensive environmental policy that includes commitments to reducing the environmental impact of its products and operations, as well as advocating for environmental causes.
To improve its environmental performance, Patagonia's managers could consider implementing additional sustainability initiatives, such as increasing the use of recycled materials in its products, implementing water conservation measures in its manufacturing processes, or increasing the use of renewable energy in its operations. Other elements of effective environmental management that Patagonia's managers could consider include setting clear environmental goals and targets, engaging with stakeholders (including employees, customers, and suppliers) on environmental issues, and reporting transparently on the company's environmental performance.
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in order to be successful at managing conflict, what techniques should managers utilize?
In order to be successful at managing conflict, managers should utilize various techniques that can help resolve conflicts in a constructive manner.
One effective technique is active listening, where the manager listens carefully to all parties involved and tries to understand their perspectives. This can help reduce misunderstandings and promote empathy and respect. Another technique is to encourage open communication, which involves creating a safe and non-judgmental environment where everyone can express their concerns and ideas. This can help foster collaboration and creativity.
Managers can also use problem-solving techniques such as brainstorming, where they encourage everyone to come up with ideas for resolving the conflict. This can help identify potential solutions and increase buy-in from all parties involved. They can also use negotiation techniques to help find common ground and reach a mutually beneficial agreement.
Finally, managers should always try to remain calm and objective during conflicts. They should avoid taking sides or getting defensive, and instead focus on finding a solution that is fair and beneficial for everyone involved. By using these techniques, managers can effectively manage conflict and promote a positive and productive work environment.
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what did antonie van leeuwenhoek call his discovery
Answer:
Antonie Van Leeuwenhoek called his discovery "wee animalcules"
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When you compose a message, you want your audience to find the information it needs quickly and to understand it. Your message should be easy to read and comprehend.
Strategic use of white space improves document readability. Which of the following techniques employ white space? Check all that apply.
Using bulleted and numbered lists
Using headings
Using justified alignment
Breaking paragraphs into shorter chunks
Margins determine the reading area of a document.
Complete the following sentence about margins and alignment with the best choices.
Business letters and memos usually have margins of and are usually on the left.
Typeface, font, and size influence how your message is read.
Review the selection, and determine whether the following statement about typeface and font is true or false.
A WIDE variety of typefaces are available for business writers. Different typefaces suggest different purposes and occasions.
When composing a message, it is crucial to ensure that the intended audience can quickly find the required information and understand it.
By improving the readability of the document, the strategic use of white space may assist with this. Bulleted and numbered lists Using headings Breaking paragraphs into shorter chunks
The technique of using justified alignment is not included in the list as it does not employ white space.Margins determine the reading area of a document. Business letters and memos usually have margins of 1 inch, and the text is typically left-aligned.Typeface, font, and size can influence how your message is read.
A wide variety of typefaces are available for business writers, and different typefaces may suggest different purposes and occasions. As a result, the statement about typeface and font is true.
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Which are guidelines for using Themes?
Check all that apply.
A. Using different cell styles can help you differentiate different types of data.
B. Fonts should be easily readable and of appropriate size.
C. You cannot customize the default themes.
D. Be consistent with themes across worksheets and workbooks.
E. Applying a new theme will only change cells in a workbook that have no other formatting applied.
Answer:
I think it's D. or A. or B. but I mostly think it's D. Be consistent with themes across worksheets and workbooks
Statements that explains the guidelines when using a Theme are: A. Using different cell styles can help you differentiate different types of data.
B. Fonts should be easily readable and of appropriate size.
C. You cannot customize the default themes.
WordPress theme can be regarded as a group of files, these file can contains graphics, style sheets as well as code, which will give overall appearance of a blog or website.In using this, we can follow some guidelines such as; making use of more than a cell can help in differentiatiation of different types of data, default themes cannot be customized, and the selection of fonts should be made carefully.Therefore, option, ABC are correct.
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Doug offers to sell a computer router to Eve, but it is stolen before Eve accepts. Doug:
a. is not required to obtain a similar item for Eve, because it could take an unreasonable period of time to obtain a replacement.
b. is not required to obtain a similar item for Eve, because the theft of the original router terminated the offer.
c. must obtain a similar item for Eve, if Eve offers to pay before delivery.
d. must obtain a similar item for Eve, if Doug tells Eve that he accepts the offer.
Answer:
The answer is B
Explanation:
Since its been stolen he can't offer her anything anymore based on that transaction
Karan has just been offered the position of a store manager. He has observed that his store has been facing a problem of shrinkage in the past months. How can Karan take responsibility for controlling shrinkage?
A.
ensuring the availability of sufficient merchandise at the store
B.
ensuring available stock via a computerized inventory tally
C.
evaluating the average sales per month
D.
informing the head office about store operations
E.
evaluating the performance of staff at the store
Answer: c
As store shrinkage is the loss of inventory that can be attributed to factors such as employee theft, shoplifting, administrative error, vendor fraud, damage, and cashier error, Karan would have to make sure there is enough products and keep track of the sales/stocks. Thus, I believe that it would be c, so Karan can keep track of the monthly sales. Feel free to let me know if I'm wrong!
Answer:
C.
Explanation:
Evaluating the average sales per month
You purchased a $1,000 bond with a coupon rate of 6% on January 1, 2021 for $940. On the same date you also purchased a share of ABC Inc for $83. During 2021 you received a dividend of $1.50 on the ABC share. It is now January 1, 2022 and the bond is selling for $980 and the ABC share is worth $90.
Required, round all answers to two decimal points and either provide your calculations in the space provided
What was your total dollar return on the bond over the past year?
What was your total nominal return on the bond over the past year?
If the inflation rate last year was 4%, what was your total real rate of return on the bond?
Compute the total percentage return on the ABC share.
What was the dividend yield on the ABC share.
What was the capital gain yield on the ABC share.
1. Total dollar return on the bond over the past year: $100
2. Total nominal return on the bond over the past year: 4.26%
3. Total real rate of return on the bond: 0.26%
4. Total percentage return on the ABC share: 9.64%
5. Dividend yield on the ABC share: 1.81%
6. Capital gain yield on the ABC share: 8.43%
To calculate the answers, we need the following information:
Bond:
- Purchase price: $940
- Coupon rate: 6%
- Face value: $1,000
- Selling price: $980
ABC Share:
- Purchase price: $83
- Dividend received: $1.50
- Selling price: $90
1. Total dollar return on the bond over the past year:
Coupon payment received = Face value * Coupon rate = $1,000 * 6% = $60
Price change = Selling price - Purchase price = $980 - $940 = $40
Total dollar return = Coupon payment received + Price change = $60 + $40 = $100
2. Total nominal return on the bond over the past year:
Initial investment = Purchase price = $940
Final value = Selling price = $980
Total nominal return = (Final value - Initial investment) / Initial investment * 100 = ($980 - $940) / $940 * 100 ≈ 4.26%
3. Total real rate of return on the bond:
Inflation rate = 4%
Total real rate of return = Total nominal return - Inflation rate = 4.26% - 4% ≈ 0.26%
4. Total percentage return on the ABC share:
Dividend received = $1.50
Price change = Selling price - Purchase price = $90 - $83 = $7
Total percentage return = (Dividend received + Price change) / Purchase price * 100 = ($1.50 + $7) / $83 * 100 ≈ 9.64%
5. Dividend yield on the ABC share:
Dividend yield = Dividend received / Purchase price * 100 = $1.50 / $83 * 100 ≈ 1.81%
6. Capital gain yield on the ABC share:
Capital gain yield = Price change / Purchase price * 100 = $7 / $83 * 100 ≈ 8.43%
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Bill's home is assessed for $185,000. The tax rate is 22.5 mills including a city millage of 6 Mills, County millage of 7.5 mills, and a school millage of 9 mills. Bill is eligible for a standard homestead tax exemption. What is the amount of Bills property taxes?
A. $3,626.50
B. $4,621.50
C. $3,262.50
D. $4,162.50
If Bill is eligible for the homestead exemption and the home is assessed for $185000, The amount of Bill of the property taxes is $3,626.50. Option A.
What is property tax?An ad valorem tax on the value of a property is known as a property tax or millage rate. The governing body of the region where the property is located is responsible for collecting the tax. A town, a county, a federated state, or the federal government are all examples of this.
The assessed value of the owner's property is multiplied by the mill levy to determine property taxes. The assessed value provides an estimate of your home's fair market worth. It is based on the current state of the neighborhood real estate market.
$185,000 * 0.0225
= $4162.5
6 city + 5.5 county = 13.5
= 0.0135
25000 x 0.0135 = 337.5
25000 x 0.0225 = 562.5
Exemption = 337.5 + 562.5 = 900
$4162.5 - 900 = $3,626.50
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How can I benefit from taxes?
Answer:
We pay taxes to the government as a way to pay for our daily life. Taxes can let you get credits on your health insurance, having safe roads, free public education and etc.
Explanation:
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Jordan is living out the american dream; at long last he is ready to purchase his dream home, a two-story house in a modern, happening suburb just outside los angeles. Before he can purchase the house, though, he needs a loan. At the loan office, a credit check is performed on jordan despite the fact that he insists that he is fiscally responsible. The loan office discovers that jordan has bad credit due to unpaid credit card bills and refuses to give him a loan, dashing his dreams of his first home. This credit check is an example of moral hazard. Signaling. Screening. A sin tax
This credit check is an example of screening by the company given that a credit check is being performed on Jordan. Option 3
What is a credit check?A credit check, sometimes referred to as a credit search, is when a business examines data from your credit report to comprehend your spending patterns. Although they don't always require your permission to do this, they must have a good reason (e.g. you applied for a loan with them).
Your credit reports detail the kinds of credit accounts you've had, your payment history, and other details including your credit limitations.
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1. Give short introduction of the professions in public service sector.
10108282828282828282
7) When buyers in a market have market power, then the A) Product price is higher B) Number of sellers rises c) Number of sellers falls D) Product price is lower
When buyers in a market have market power, then the A) Product price is higher D) Product price is lower.
How does market power impact how much a thing costs?
Market or monopoly power is the capacity of a firm (or collection of firms) to increase and maintain prices above the level that would prevail under competition. When market power is used, output is decreased and economic welfare is lost.
Market power often increases as market concentration does, at least in moderately and highly concentrated businesses. The appropriate benchmarks for the merger standards are mostly determined by the Herfindahl-Hirschman Index (HHI) of market concentration.
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Regina, Brock, and Sean are website designers who have been tasked to create a new website together.
This is an example of:
alliance
collaboration
punctuality
relationship
Answer:
B: Collaboration
Explanation:
I took the test
Answer:
B: Collaboration
Explanation:
I took the test
A medium-term goal takes _____ to accomplish. a. 1-2 months b. 1-2 years c. 1-5 years d. 5-10 years Please select the best answer from the choices provided A B C D
Answer:
C
Explanation:
For the accomplishment of a medium-term goal, it takes a time period of almost 1-5 years. Hence, Option C is correct.
What is a medium-term goal?An individual or a group of people set certain goals in life. These goals can be of any type like short-term, medium-term, or long-term. All these time periods depend upon the type of task that is set under the achievement sector. As per the names, it can be understood that it also has a different time duration. For the short term, it can be either a day, a week, or a month or it can be a year.
In the context of the medium-term, the time period can be of one year to five years and for the achievement of a long-term goal, it is more than five years. For instance, if a person wants to get a graduation degree, then they have to pursue the course for a time period of three to four years, for paying a car loan or an education loan, one has to set a medium-term goal.
Thus, Option C is correct.
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