Over the last 10 years, price of new models of smart Phones increased by 25%. At the I same time, the number of sold phones has increased from 250KD to 400KD. Does this example demonstrate that the Law of Demand is false? Explain why or why not. Use graphs.

To qualify the view that oligopoly is allocatively and productively inefficient, we can consider the following points:
1. Limited competition: Oligopolistic markets are characterized by a small number of large firms that dominate the industry.

This limited competition can lead to higher prices for consumers and reduced consumer surplus. When firms have significant market power, they can collude or engage in tacit collusion to set prices higher than they would be in a more competitive market. This leads to allocative inefficiency, as resources are not allocated optimally to meet consumer demand.

2. Price rigidity: Oligopolistic firms often engage in price leadership or follow the pricing decisions of dominant firms in the market. This can result in price rigidity, where prices remain relatively stable despite changes in costs or market conditions. Price rigidity can lead to allocative inefficiency, as prices may not reflect changes in supply and demand conditions, resulting in misallocation of resources.

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Text structure gives a text meaning since writers must arrange their work differently based on the type of information they're trying to convey. By comprehending and making use of the text structure while reading, readers can learn important facts and, as a result, the book's overall goal.

Text structures explain the organization of information in writers' texts. By comprehending the fundamental structure of texts, students may focus on key concepts and relationships, make predictions about what will occur next, and keep a record of their knowledge as they read.

A few examples of text structures are sequential, narrative, time,  compare/contrast, proposition/support, problem/solution, order/chronology, cause/effect, inductive/deductive, and research.

The structure of academic writing must be sound. Academic writing requires a clear framework and logical flow in order to be coherent.

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When a person lives in a house or apartment of another person or the tenant on a contract basis is called rent.

The three steps that she should take during the rental apartment search is:

In these ways, she could search for the apartment.

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Answer:

\(g(x) = 2 + \sqrt x\)

Translate the parent function, 2 units upward

Step-by-step explanation:

Given

\(f(x) = \sqrt x\)

See attachment for the graph

Required  

Determine the change in f(x) that gives the dashed line

Let the dash line be represented with g(x)

From the attachment, there is only one transformation from f(x) to the g(x).

When f(x) is translated 2 units vertically upwards , it gives g(x); the dash line.

If

\(f(x) = \sqrt x\)

Then g(x) is:

\(g(x) = 2 + f(x)\)

\(g(x) = 2 + \sqrt x\)  

To find the cost-minimizing amount of capital (k) for a producer, we need to optimize the production function given the production goal, wage rate, and rent.

The production function is given as q = l^(1/2) * k^(1/2), where q represents the quantity of output, l represents the amount of labor, and k represents the amount of capital.

The production goal is q = 1600 units.

The wage rate is w = $12 per unit of labor.

The rent rate is r = $22 per unit of capital.

To minimize costs, we want to determine the combination of labor and capital that produces the desired output level (q) at the lowest cost.

We can set up the cost function as follows:

Cost = w * l + r * k

Substituting the given values, the cost function becomes:

Cost = 12 * l + 22 * k

We can rewrite the production function as l = q^2 / k, since q = l^(1/2) * k^(1/2).

Substituting the production goal (q = 1600) into the production function, we have:

l = 1600^2 / k

Now we can substitute the expression for labor (l) into the cost function:

Cost = 12 * (1600^2 / k) + 22 * k

To find the cost-minimizing amount of capital (k), we need to take the derivative of the cost function with respect to k and set it equal to zero. Then solve for k.

d(Cost)/dk = -12 * (1600^2 / k^2) + 22 = 0

Simplifying the equation, we have:

-12 * (1600^2 / k^2) + 22 = 0

Solving for k, we find:

(1600^2 / k^2) = 22 / 12

Cross-multiplying, we get:

k^2 = (1600^2 * 12) / 22

Taking the square root of both sides, we find:

k = sqrt((1600^2 * 12) / 22)

Calculating this expression gives us the cost-minimizing amount of capital (k) that the producer should use.

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The concept is Advertising ,is the practice and techniques employed to bring attention to a product or service. The answer is option A.

The people providing the service are often the same people selling it. Putting people first means companies value their people. In return, employees will appreciate the organization.

They tend to come to work happier. Satisfied employees also create satisfied customers.

Advertising is a promotional activity aimed at selling a product or service to a target audience. It's one of the oldest forms of marketing, trying to influence the actions of the target audience to buy, sell, or do something specific.

With a highly personalized message, ads can be niche (targeted to a small audience) or generic (targeted to large audiences).

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All of the following, with the exception of conditions, are required.

One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.

An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.

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Ome tips inc. sells its home repair software for $40. it costs the company $8 to make the product. customers value the software at $30. in this scenario, home tips inc.’s value creation is: $22

In this scenario, Home Tips Inc.'s value creation can be calculated by subtracting the cost of making the product from the value customers place on it.

The selling price of the home repair software is $40, and it costs the company $8 to produce each unit. Customers, however, value the software at $30.
To calculate the value creation, we subtract the cost of making the product ($8) from the value customers place on it ($30).

Value Creation = Value to Customers - Cost of Production
Value Creation = $30 - $8
Value Creation = $22

Therefore, Home Tips Inc.'s value creation in this scenario is $22. This means that for every unit of the software sold, the company generates a value of $22. It's important to note that value creation is a measure of how much value a company adds to a product or service compared to its cost of production. In this case, Home Tips Inc. is creating $22 of value for each software sold.

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Answer:

The right alternative is Option b (Career fair).

Explanation:

Other preferences are not comparable to the instance in question. So the above is the right option.

When there is an increase in supply, the effect on equilibrium price and quantity is a.price will decrease; quantity will increase.

When supply increases, this will lead to a rightward shift in the supply curve. The new equilibrium point will therefore be pushed to the right.

This new equilibrium point would point to more quantity provided to the market but will also lead to a lower price as a result of reduced scarcity of the good or service in question.

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To come up with a plan of care for pain management when a patient complains of severe abdominal pain coming from a surgical incision, a nurse should first assess the patient's discomfort using a pain assessment instrument.

To make sure that the plan of care is successful and modified as necessary, it is crucial for the nurse to regularly review the client's pain and responsiveness to pain management measures.

The nurse should utilize a pain assessment tool to identify the kind, location, and severity of the pain as well as any circumstances that could make it worse or better. The choice and amount of pain medicine might be influenced by the client's vital signs, medical history, and existing medications, thus the nurse should also evaluate these details.

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As a nurse, the first step in managing a client's deep abdominal pain generating from a surgical wound is to assess the pain. This involves gathering information about the pain, such as its location, intensity, duration, and any factors that exacerbate or alleviate it. The nurse may use a pain scale to help quantify the client's pain and assess its impact on their daily activities.

Once the nurse has assessed the client's pain, they can then develop a plan of care for pain management. This may involve pharmacological interventions, such as administering pain medications, as well as non-pharmacological interventions, such as heat or cold therapy, massage, or relaxation techniques.It is important for the nurse to collaborate with the client in developing a pain management plan, taking into account the client's preferences and any potential side effects or contraindications of pain medications.

The nurse should also monitor the client's response to pain management interventions and adjust the plan as necessary.Overall, the key to effective pain management is a thorough assessment and individualized plan of care that addresses the client's unique needs and preferences. By prioritizing assessment and collaboration, the nurse can help the client achieve optimal pain relief and improve their overall quality of life.

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Answer:

The cost of living refers to the prices of goods and services needed to sustain an average level standard of living in an area

Explanation:

The cost of living refers to the cost of keeping up with a given standard of living. It is the amount Jamie would need to keep up with basic expenses such as food, housing, clothing and medical care. Cost of living compares the expense between living in two different areas. Jamie's cost of living is tied to his wages and it can be measured using what is called purchasing power parity.

The mobile X-ray machine assignment involves defining stakeholder and system requirements, applying cognitive work analysis for product requirements, system definition, and integrating ethical considerations and standards.

In the context of the assignment on the mobile X-ray machine, the following steps are outlined:

Stakeholder and system requirements definition: This step involves identifying the stakeholders who will be affected by the mobile X-ray machine and determining their specific requirements. Stakeholders may include patients, medical professionals, technicians, regulatory bodies, and administrators. The system requirements encompass the functional, performance, and operational characteristics needed to meet the stakeholders' needs and expectations.

Cognitive work analysis for product requirements: Cognitive work analysis is applied to understand the cognitive processes and activities involved in operating the mobile X-ray machine. This analysis helps in identifying the cognitive requirements such as decision-making, perception, attention, and workload management. These findings are then used to describe the specific product requirements that support efficient and effective cognitive work.

System definition: System definition involves outlining the overall structure and components of the mobile X-ray machine system. It includes the hardware, software, interfaces, data storage, communication capabilities, and user interfaces necessary for its functioning.

Ethical considerations and standards: Ethical considerations play a crucial role in the design and use of medical devices like the mobile X-ray machine. It is essential to adhere to ethical guidelines, privacy regulations, data security measures, and industry standards to ensure patient safety, confidentiality, and overall ethical practice. Integrating these considerations and standards into the system design helps to create a trustworthy and reliable mobile X-ray machine.

By following these steps, the stakeholders' requirements can be effectively defined, the cognitive aspects of the system can be addressed, and ethical considerations can be integrated into the design and operation of the mobile X-ray machine.

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Answer:

Trucks can go anywhere that there are roads.

Explanation:

Road transport is considered flexible due to the extensive road network. Practically, they are roads almost everywhere including, cities, estates, and villages. As long as there is a road, trucks will get there. Road transport will reach almost any destination as long as there is a road. This is the reason road transport is flexible.  

Based on the appraisal values, the land has a fair market value of $520,000 and the warehouse has a fair market value of $850,000. Therefore, the amounts that should be recorded in the accounting records for the land and the warehouse would be:

- Land: $520,000
- Warehouse: $850,000

It is important to note that the acquisition cost of $860,000 is not necessarily the same as the fair market value of the land and warehouse. The acquisition cost may include other costs such as legal fees, survey fees, or site preparation costs. However, in this scenario, the appraisal values provide a reliable estimate of the fair market value of the land and warehouse, and therefore should be used for accounting purposes.

It is also worth noting that if the fair market value of the land or warehouse had been lower than the acquisition cost, a loss on the acquisition would need to be recognized in the accounting records. Conversely, if the fair market value had been higher than the acquisition cost, a gain on the acquisition would need to be recognized. However, in this scenario, the fair market values are lower than the acquisition cost, and therefore no gain or loss needs to be recognized.

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Chinese businesses will probably start constructing additional factories as the economy expands and revenues rise in order to enhance productivity and keep up with the rising demand for their goods.

As more personnel are required to run the new factories, this will improve employment possibilities. It will also spur economic growth because the building of new factories will raise demand for building materials, transportation services, and other goods and services.

It is crucial for the government and businesses to adopt sustainable and responsible practices in their construction and operation of new factories because building more factories could have adverse consequences on the environment, such as increased pollution and habitat damage.

it's also important to examine how new factories will affect the environment. Overall, this statement emphasizes the connection between economic expansion, corporate spending, and potential environmental effects.

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General controls include controls for developing, modifying, and maintaining computer programs. The answer is (d)

General controls are the policies, procedures, and activities that provide a framework for the effective operation of information systems. They apply to all systems components, processes, and data for an organization or an entity.

General controls include access controls, which ensure that only authorized individuals can access and use an organization's systems and data. They also include system software controls, such as those for the development, modification, and maintenance of computer programs, that help to ensure the integrity of the systems and data.

Application controls, on the other hand, are specific controls designed for individual applications to ensure the completeness and accuracy of the processing and data input.

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Answer:

Someone who wants ro avoid spending time and money on maintenace

Explanation:

True: Logo and website design are examples of start-up costs. Operating costs include payroll. Building improvements should be calculated into start-up costs.

Answer:

c

Explanation:

Answer:

Her net pay will increase by $18.15

Answer:

executive branch create a budget

Explanation:

i think in every budget process the first step is to plan or create a budget

The Executive branch creates a budget, which is the Frist step in the federal budget process. Therefore option C is correct.

What is Budget?

A spending plan based on income and costs is called a budget. In other words, it's a projection of your income and expenses for a specific time frame, like a month or a year.

You can always have enough money for the things you need and the things that are crucial to you because budgeting helps you to make a spending plan for your money. Maintaining a budget or spending plan will also assist you in remaining out of debt or, if you are already in debt, in overwhelming it.

Depending on the specific area of the business that has to be prioritized, different budgets can be prepared. Below are three examples of common budgeting plans.

Forecast Budget

Performance Budget

Cash Budget

Hence, firstly executive branch creates a budget.

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Profit function: p(x) = 20x + 150, where x represents the number of units sold and p(x) represents the corresponding profit.

To find the profit function, we need to determine the relationship between the number of units sold (x) and the profit (p). Given that the relationship is linear, we can express it in the form of a linear equation: p(x) = mx + b, where m is the slope (representing the rate of change of profit with respect to units sold) and b is the y-intercept (representing the fixed profit when no units are sold). Using the given data, we can calculate the slope (m) as the change in profit divided by the change in units sold: m = (3940 - 1140) / (240 - 190) = 2800 / 50 = 56. Next, we substitute one set of values (x, p) from the given data into the equation to solve for the y-intercept (b). Let's use (190, 1140): 1140 = 56(190) + b 1140 = 10640 + b b = 1140 - 10640 b = -9500.

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Answer:

B. Product Labeling

Explanation:

From quizlet

The Food and Drug Administration sets standards for  product labeling.

Product labeling is the details information of what a products entails and this is often writing on the product.

Product labeling is an important standards set by  Food and Drug Administration as this help the consumer to be know the following:

Inconclusion the Food and Drug Administration sets standards for  product labeling.

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Answer:

Delphi technique

Explanation:

The Delphi model is a technique of group communication in which a panel of experts reach consensus on a set of questions and discussions. This is used to predict or to forecast. First, choose an effective facilitator and experts with relevant expertise, and ensure that the issue is well established after that they reach with a decision

Therefore in the given case, the delphi technique is used

The average time which managers, across industries, spend in verbal interaction is:

According to the given question, we are asked to find out the average time which managers, across industries, spend in verbal interaction between themselves and other subordinates.

As a result of this, we can see that based on the research done by Deirdre Borden, they made us of qualitative method of interviews, surveys, polls, etc to come to the conclusion that the average time spent is about 75%.

Therefore, the correct answer is option E.

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The amount of bad debts expense that the company reports on its income statement for the year is $10,809.

To determine the bad debts expense, we need to sum up the estimated bad debts for each age category. The bad debt estimation percentages are applied to the corresponding amounts to calculate the estimated bad debts.

For the current category, the estimated bad debts are $311,400 * 1% = $3,114.

For the 1-60 days past due category, the estimated bad debts are $43,200 * 5% = $2,160.

For the 61-180 days past due category, the estimated bad debts are $15,300 * 15% = $2,295.

For the over 180 days past due category, the estimated bad debts are $8,100 * 40% = $3,240.

Summing up these estimated bad debts gives us a total of $10,809, which represents the bad debts expense reported on the income statement for the year.

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The subtotals feature in Excel can be used to insert subtotal rows by employee to calculate the total expense by the employee.

To use the Subtotals feature in Excel to insert subtotal rows, follow these steps:

This will insert subtotal rows after each change in employee and calculate the total expense by employee. You can collapse or expand the groups by clicking on the numbers in the left margin to show or hide the subtotals.

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Explanation:

hinese-American computer scientist who came to the United States in 1945 to attend Harvard University. He held more than 35 patents. His developments were critical to advancing digital information technology that we depend on today. Wang Laboratories created one of the first desktop computers.

Madame C.J. Walker

was the first member of her formerly enslaved family to be born a free person. She was one of the first self-made African-American millionaires. She employed over 3,000 people at the height of her hair care products business. Madame C.J. Walker was an early entrepreneur in the beauty industry that today garners billions of dollars in annual sales.

Howard Schultz

grew up in a Brooklyn, New York housing project. It is because of him that Starbucks® has over 6,000 stores worldwide today. His drive and marketing skills have made the café latte a daily habit for many Americans.

James Cash Penney

began as a store clerk after graduating high school. A contemporary of Madame Walker, Penney launched the first chain of department stores in the United States, commonly known as "Penney's." Today Americans visit over 1,000 "Penney's" or peruse the mail order and online catalogs to purchase various household goods and clothing.

Samuel F.B. Morse

grew up in Massachusetts studying religion and art. Morse patented the telegraph in 1849. His invention paved the way for long-distance communication, reshaping America literally in terms of westward expansion, railroad safety, and business efficiency.

George Washington Carver

reshaped the American South from a society heavily focused on cotton agriculture to one that grew diverse crops and utilized crop rotation. He taught these techniques for 47 years at the Tuskegee Institute. In addition, he discovered a plethora of uses for peanuts that are in many products we use to this day.

Joseph A. Unaue

grew up in Bronx, New York, born to a Spanish father and Puerto Rican mother. His father founded Goya Foods®, distributor of Hispanic foods. Joseph and his brothers joined the family business and under Joseph's direction Goya Foods® became the largest U.S. Hispanic-owned food distribution company in the United States

Answer:

George Washington Carver

reshaped the American South from a society heavily focused on cotton agriculture to one that grew diverse crops and utilized crop rotation. He taught these techniques for 47 years at the Tuskegee Institute. In addition, he discovered a plethora of uses for peanuts that are in many products we use to this day.

Explanation:

George Washington Carver

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