The characteristic that is not typically considered one of the entrepreneur's personal characteristics is "Give up quickly." The other three options—creativity, social networks, and prior industry experience—are commonly recognized as important attributes for entrepreneurs.
Entrepreneurs are known for their determination and perseverance in the face of challenges and setbacks. Giving up quickly contradicts the entrepreneurial spirit, as successful entrepreneurs are often driven by a strong sense of resilience and the ability to overcome obstacles. While failure may be part of the entrepreneurial journey, entrepreneurs are more likely to persist and find alternative solutions rather than giving up easily. On the other hand, creativity is a crucial personal characteristic for entrepreneurs. It involves generating innovative ideas, thinking outside the box, and identifying new opportunities in the market. Social networks also play a vital role in entrepreneurship as they provide access to resources, support, and potential partnerships or collaborations. Finally, prior industry experience can provide valuable knowledge, insights, and networks that help entrepreneurs navigate the specific challenges and dynamics of their chosen industry. In summary, while creativity, social networks, and prior industry experience are considered significant personal characteristics for entrepreneurs, "Give up quickly" is not typically recognized as a trait associated with successful entrepreneurship.
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"Give up quickly" is not one of the entrepreneur's personal characteristics. Entrepreneurs possess various personal characteristics that contribute to their success.
These traits typically include creativity, social networks, and prior industry experience. However, "giving up quickly" is not a characteristic typically associated with successful entrepreneurs. Creativity is essential for entrepreneurs as it enables them to generate innovative ideas, think outside the box, and come up with unique solutions to problems. Social networks play a crucial role in entrepreneurship, providing access to resources, mentorship, potential customers, and opportunities for collaboration. Prior industry experience is valuable as it provides entrepreneurs with knowledge, insights, and understanding of the industry they are venturing into, increasing their chances of success.
On the other hand, giving up quickly is contrary to the resilient and determined nature of successful entrepreneurs. Entrepreneurship often involves facing challenges, setbacks, and failures along the way. Entrepreneurs need to possess perseverance and the ability to persist through difficulties, adapting their strategies and finding alternative solutions to overcome obstacles. Giving up quickly can hinder an entrepreneur's ability to navigate the complexities of running a business and achieving long-term success.
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refer to the figure. representing a market for apartments, with a rent-controlled price of $800, the long-run supply curve will be ______ elastic than the short-run supply curve, causing the ______.
The long-run supply curve for apartments in a rent-controlled market with a price of $800 will be more elastic than the short-run supply curve, leading to a different outcome in the long run compared to the short run.
In the short run, supply of apartments is fixed, meaning that landlords cannot easily increase the number of available apartments to rent out. Therefore, when the price is controlled at $800, landlords may have to absorb some of the cost by providing fewer amenities or maintenance. In the long run, however, landlords can build more apartments or convert existing buildings into apartments to take advantage of the high demand for housing at the controlled price. This increased supply in the long run makes the long-run supply curve more elastic than the short-run supply curve.
The increased elasticity of the long-run supply curve means that the quantity supplied of apartments in the long run will respond more strongly to changes in the rent-controlled price than in the short run. For example, if the rent control price were to increase, the long-run supply curve would shift out more than the short-run supply curve, leading to a larger increase in the quantity supplied in the long run compared to the short run. Conversely, if the rent control price were to decrease, the long-run supply curve would shift in more than the short-run supply curve, leading to a larger decrease in the quantity supplied in the long run compared to the short run.
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When an organization buys raw materials that are reprocessed and sold as finished goods, or if it buys a good it will then sell, then it is considered to be?.
When an organization purchases raw materials that are processed and then sold as completed items, or if it purchases a product that it will sell, it is regarded as an organizational buyer.
An organization is a group of people who work together cooperatively. Some examples are a business, neighborhood group, nonprofit organization, or union. The word "organization" can be used to refer to a team, a business, or a project's development process.
Individuals who represent a business are known as organizational buyers. These purchasers often take into account both their preferences as well as the likely preferences of the clients to whom the organizational buyer's business will sell while making purchases.
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Analyse why Emirates would want to be more environmentally friendly
prepare a business plan you look forward to achieving when you have your career(marine engineering). The career you are to write a business plan on is marine engineering
Answer:
A business plan that i look up to achieving is Marine Engineering Corps.I will have a business that works on fixing all types of boats.In order for me to have this business I have to have a Bachelor degree in Naval Architecture and Marine Engineering .The salaries of Marine Engineers in the US range from $17,061 to $458,998 , with a median salary of $82,737.I going to have this business so that I can help out he Marine Corps with their ships and boats.
Explanation:
Cindy has been working for 8 years, and she’s built up a huge emergency fund -- $45,000, which would be 6 months of her salary. She’s hoping to earn a bit more interest than she currently is with that $45,000 just sitting in her traditional bank’s savings account. Which account would you recommend? Why?
SAVINGS ACCOUNT, CD, MONEY MARKET ACCOUNT
I will recommend she invest the $45,000 in Certificate of deposit or Money market account.
It is widely known that a traditional bank’s savings account does not provides significant interest rate for deposit unlike other account which are meant from pure investment at long term.
A certificate of deposit are issued by bank to customer promising them a certain interest rate on their deposit with them.
A money market is also an method of investing in short term market and guarantees high interest rate on deposit.
Therefore, I will recommend she invest the $45,000 in Certificate of deposit or Money market account.
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Which situations best demonstrate likely tasks for Business Financial Management workers? Check all that apply.
Marcy helps a family create a budget that allows them to save up for buying a house.
Caleb researches possible cases of fraud and takes notes on what he finds out.
Selena processes customer transactions at a bank.
Jung creates a report with charts to show how a company's money is being spent.
Owen sells automobile insurance policies to people.
Alonzo advises companies about investment strategies.
Answer:
its
b, the caleb one
d, the jung one
d, the Alonzo one
Caleb investigates potential fraud situations and makes notes on his findings. In order to show how a company's money is being spent, Jung develops a report using charts. show potential tasks for those working in business financial management. Thus option (B, C) is correct.
What is management?In order to achieve desired goals and objectives, a person or group of people must be challenged and managed, according to the concept of management. Furthermore, the capacity to organize, supervise, and guide people is a component of management.
Managing telephone costs, employing new employees, purchasing facilities, creating project budgets, etc. are a few examples of financial management for a corporation or firm. financial administration
Therefore, Thus, option (C) is correct.
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When you order a sweater from an l.l.bean mail-order catalog, what type of marketing channel are you and the company using?
Direct marketing channel used for ordering a sweater from an L. L. Bean mail-order catalog.
A direct advertising channel consists of just two parties—a producer and a client. by evaluation, a channel that consists of one or extra intermediaries (wholesaler, distributor, broker, or agent) is an oblique channel. Corporations often utilize a couple of channels to reach more clients and boom their effectiveness.
Direct advertising and marketing is a promotional method that involves supplying records approximately your organization, product, or provider for your goal consumer without the use of an advertising middleman.
Direct marketing channels are those that interact with clients on an individual basis. They do not need an intermediary party to handle their activities because direct coordination is more advantageous and efficient.
For instance, banks deal with each consumer individually. Direct marketing is used by computer or technology dealers whose primary duties would be skill-related. Dell is an illustration of a company in the computer and technology sector that uses this tactic.
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there are very few, if any, good substitutes for automotive tires. therefore, the demand for automotive tires would tend to be
There would likely be an inelastic demand for automobile tires.
What is meant by Automobiles Tires?tyre (British English) is a ring-shaped component that surrounds the rim of a wheel.
Supporting the vehicle's load, transmitting traction and braking forces to the road surface, absorbing road shocks, and changing and maintaining the direction of travel are the primary functions of a vehicle's tires.
A typical tire has well over 100 distinct components, although designs vary by product and manufacturer. Natural rubber, synthetic rubber, steel, nylon, polyester, carbon black, petroleum, and silica (from sand) are all possible materials for tires.
Based on whether or not they contain tubes, tires generally fall into one of two main categories. As a result, they are referred to as "tubeless tyres" and "tubed tyres" respectively.
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how come ethics impact on psychology
Answer:
Ethical implications are the impact in which psychological research could have on the rights of individuals. This could be how the research affects public policy or the way in which certain groups are viewed or treated.
Explanation:
Discuss intellectual property frankly.
Be conscious of multiple roles.
Follow informed-consent rules.
Respect confidentiality and privacy.
Tap into ethics resources
To avoid debt, a new business owner should have enough projected revenue to cover expences for the first
A) 6 months
B) year
C) 2 years
D) 5 years
⚠️THIS IS FOR SCHOOL. NO TROLL ANSWERS OR LESS YOU WILL BE REPORTED.⚠️
Answer:
b) a year
Explanation:
TeleNyckel, Inc. has a beta of 1.4 and is trying to calculate its cost of equity capital. If the risk-free rate of return is 9 percent and the market risk premium is 5 percent, then what is the firm's after-tax cost of equity capital if the firm's marginal tax rate is 30 percent
The firm's after-tax cost of equity capital if the firm's marginal tax rate is 30 percent is: 16.20%. The correct option is D.
The after-tax cost of equity capital can be calculated using the capital asset pricing model (CAPM), which relates the expected return on an investment to its systematic risk, as measured by beta. The formula for the CAPM is:
Expected return = risk-free rate + beta x market risk premium
Using the given values, the expected return for TeleNyckel, Inc. is:
Expected return = 0.09 + 1.4 x 0.05 = 0.16, or 16%
However, this is the pre-tax cost of equity capital. To find the after-tax cost of equity capital, we need to adjust for the firm's marginal tax rate. The formula for the after-tax cost of equity capital is:
After-tax cost of equity capital = pre-tax cost of equity capital x (1 - marginal tax rate)
Plugging in the values, we get:
After-tax cost of equity capital = 0.16 x (1 - 0.3) = 0.112, or 11.2%
Therefore, the firm's after-tax cost of equity capital is 16.20%.
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Complete question:
TeleNyckel, Inc. has a beta of 1.4 and is trying to calculate its cost of equity capital. If the risk-free rate of return is 9 percent and the market risk premium is 5 percent, then what is the firm's after-tax cost of equity capital if the firm's marginal tax rate is 30 percent:
a. 13.20%
b. 14.20
c. 15.20%
d. 16.20%
Using an allowance method of accounting to recognize uncollectible accounts receivable is an application of which accounting convention?
Using an allowance method of accounting to recognize uncollectible accounts receivable is an application of which accounting convention matching principle. The matching principle, which is associated with accrual accounting.
States that an expense should be reported in the same period in which the corresponding revenue is earned, whereas the revenue recognition principle states that revenues should be recorded during the period in which they are earned, regardless of when the cash transfer occurs. The cash basis accounting, on the other hand, requires the identification of an item when the cash is receivable, regardless of when the expense was actually incurred.
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Kogler Corporation's relevant range of activity is 7,000 units to 11,000 units. When it produces and sells 9,000 units, its average costs per unit are as follows:
Average cost per unit
Direct Materials $4.60
Direct Labor $4.20
Variable manufacturing overhead $1.40
Fixed manufacturing overhead $8.00
Fixed selling expense $3.20
Fixed administrative expense $1.70
Sales commissions $0.70
Variable administrative expense $0.65
If the selling price is $23.00 per unit, the contribution margin per unit sold is closest to:
A: $17.45
B: $0.30
C: $14.65
D: $5.80
Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
A transaction will only happen if and only if the price is between:
The buyer’s value and the buyer’s outside option
The buyer’s value and the seller’s outside option
The buyer’s value and the seller’s cost of production
The buyer’s outside option and the seller’s outside option
The buyer’s outside option and the seller’s cost of production
A transaction will only happen if and only if the price is between the buyer's value and the seller's outside option.
Let's break down the options to understand why this is the correct answer:
- Option 1: The buyer's value and the buyer's outside option. This option doesn't make sense because the buyer's outside option is not directly related to the transaction. The buyer's outside option refers to an alternative choice the buyer has if the transaction doesn't occur, and it is not directly involved in determining the price of the transaction.
- Option 2: The buyer's value and the seller's outside option. This is the correct answer. The buyer's value represents the maximum amount the buyer is willing to pay for the item or service. The seller's outside option refers to an alternative choice the seller has if the transaction doesn't occur. For a transaction to happen, the price needs to fall between the buyer's value and the seller's outside option. This ensures that both the buyer and seller find the transaction mutually beneficial.
- Option 3: The buyer's value and the seller's cost of production. This option doesn't capture the buyer's perspective accurately. The buyer's value is the maximum price the buyer is willing to pay, whereas the seller's cost of production is the cost incurred by the seller to produce the item or service. The transaction price is determined by the buyer's value, not the seller's cost of production.
- Option 4: The buyer's outside option and the seller's outside option. The buyer's outside option is not directly involved in determining the price of the transaction. It refers to an alternative choice the buyer has if the transaction doesn't occur. The seller's outside option also refers to an alternative choice the seller has if the transaction doesn't occur. However, the price of the transaction is determined by the buyer's value and the seller's outside option, not the outside options of both parties.
- Option 5: The buyer's outside option and the seller's cost of production. The buyer's outside option is not directly involved in determining the price of the transaction. The seller's cost of production refers to the cost incurred by the seller to produce the item or service. The transaction price is determined by the buyer's value, not the seller's cost of production.
Therefore, the correct answer is: The transaction will only happen if and only if the price is between the buyer's value and the seller's outside option.
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Question 5 of 10
One example of a short-term savings strategy is:
A. a free checking account.
B. an employer-sponsored 401(k) plan.
C. a low-interest bank account.
D. a high-risk stock market investment.
SUBMIT
Answer:
A. a free checking account.
Explanation:
Saving involves putting money aside in a safe place for future use. Banks and financial institutions offer saving accounts as safe and secure platforms for firms and individuals to save.
A checking account is among the types of savings accounts offered by financial institutions. This type of savings account allows customers to save money that they do not wish to spend immediately. A checking account is risk-free and, therefore, a good strategy for short term saving.
Answer:
a low-interest bank account.
Explanation:
i got this right
the benefits of implementing a morecomplex cost allocation system are relatively easy to quantify for application of the costbenefit approach. question content area bottom part 1 true false
The statement is false because the benefits of implementing a more complex cost allocation system are not necessarily easy to quantify for the application of the cost-benefit approach.
While a more complex system may provide more accurate cost allocation, it can also be more time-consuming and resource-intensive to implement and maintain.
The cost-benefit analysis would require organizations to weigh the potential benefits of greater accuracy against the additional costs and challenges associated with a more complex system. This process can be subjective and may vary depending on the specific circumstances of the organization in question.
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is there a relationship between productivity and months of service? draw the type of graph that can be used to analyze this problem.
There could potentially be a relationship between productivity and months of service.
It is possible that there is a relationship between productivity and months of service. As employees gain more experience and become more familiar with their job duties, they may become more efficient and productive. On the other hand, there may be a plateau where productivity levels off after a certain amount of time on the job.
To analyze this relationship, a scatter plot can be used. The horizontal axis would represent months of service and the vertical axis would represent productivity. Each employee's data point would be plotted on the graph, with their months of service on the x-axis and their productivity score on the y-axis.
If there is a positive relationship between productivity and months of service, the data points would form an upward-sloping line. If there is a negative relationship, the line would slope downwards. If there is no relationship, the data points would be scattered randomly across the graph.
Once the graph is plotted, additional analysis can be performed to determine the strength and direction of the relationship, such as calculating the correlation coefficient. This information can be useful for decision-making related to employee training and development, performance evaluations, and staffing decisions.
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Chase production strategy makes more sense than level production strategy, when the unemployment rate is high. This statement is True False
False. The statement is incorrect. The chase production strategy is generally employed when there is a need to match production with demand fluctuations.
It involves adjusting production levels based on changes in customer demand, which means production is varied to meet the demand requirements. On the other hand, the level production strategy maintains a consistent production rate regardless of demand fluctuations, often utilizing inventory buffers to absorb variations in demand.
The decision to use either the chase production strategy or the level production strategy is not directly influenced by the unemployment rate. Factors such as market demand, production capabilities, cost considerations, and supply chain dynamics play a more significant role in determining the appropriate production strategy for a company.
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Help me please I’m gonna cry if I don’t finish this
Answer:
this is your answer
8.490
2.288
(16.300)
2.750
mark as brainlist
what objects are necessary for the formation of shadows ?
Answer:
The following three things are required for a shadow to form:
a source of light.
an opaque object.
a screen or surface behind the object.
Cantel Company produces cleaning compounds for both commercial and household customers. Some of these products are produced as part of a joint manufacturing process. For example, GR37, a coarse cleaning powder meant for commercial sale, costs $1.90 a pound to make and sells for $2.00 per pound. A portion of the annual production of GR37 is retained for further processing in a separate department where it is combined with several other ingredients to form SilPol, which is sold as a silver polish, at $5.00 per unit. The additional processing requires 1/4 pound of GR37 per unit; additional processing costs amount to $3.80 per unit of SilPol produced. Variable selling costs for SilPol average $0.30 per unit. If production of SilPol were discontinued, $4,800 of costs in the processing department would be avoided. Cantel has, at this point, unlimited demand for, but limited capacity to produce, product GR37.
Required:
1. Calculate the minimum number of units of SilPol that would have to be sold in order to justify further processing of GR37.
2. Assume that the cost data reported for GR37 are obtained at a level of output equal to 6,300 pounds, which is the maximum that the company can produce at this time. What is the expected operating income (loss) under each of the following scenarios: (a) all available capacity is used to produce GR37, but no SilPol; (b) 10,000 units of SilPol are produced, with the balance of capacity devoted to the production and sale of GR37; (c) 12,000 units of SilPol are produced, with the balance of capacity devoted to the production and sale of GR37; and (d) 14,000 units of SilPol are produced, with the balance of capacity devoted to the production and sale of GR37.
1. At a minimum, Cantel Company would have to sell 2,000 units of SilPol to justify further processing of GR37. 2. a) The Operating income (loss) $573.
1. To justify further processing of GR37, the contribution margin from selling SilPol must cover the additional processing costs and the cost of the GR37 used in production.
Contribution margin per unit of SilPol = Selling price - Variable costs
= $5.00 - $0.30
= $4.70 per unit
Additional cost per unit of SilPol for using 1/4 pound of GR37 = 1/4 x $1.90 = $0.475
Total cost per unit of SilPol = Additional processing costs + Cost of GR37 used
= $3.80 + $0.475
= $4.275 per unit
To break even, the contribution margin per unit of SilPol must cover the total cost per unit of SilPol:
$4.70 x Q = $4.275 x Q + $4,800
where Q is the quantity of SilPol units produced and sold.
Solving for Q, we get:
Q = 2,000 units of SilPol
Therefore, at a minimum, Cantel Company would have to sell 2,000 units of SilPol to justify further processing of GR37.
2. (a) If all available capacity is used to produce GR37, but no SilPol, the company's operating income (loss) would be:
Revenue from sales of GR37 = $2.00 x 6,300 pounds = $12,600
Total costs = $1.90 x 6,300 pounds = $12,027
Operating income (loss) = $12,600 - $12,027 = $573
(b) If 10,000 units of SilPol are produced, with the balance of capacity devoted to the production and sale of GR37:
Revenue from sales of GR37 = $2.00 x 5,625 pounds = $11,250
Revenue from sales of SilPol = $5.00 x 10,000 units = $50,000
Total revenue = $61,250
Variable costs for SilPol = $4.70 x 10,000 units = $47,000
Variable costs for GR37 = $0.10 x 5,625 pounds = $563
Total variable costs = $47,563
Fixed costs for the production of SilPol = $3.80 x 10,000 units = $38,000
Fixed costs for the production of GR37 = $0
Total fixed costs = $38,000
Total costs = Variable costs + Fixed costs = $47,563 + $38,000 = $85,563
Operating income (loss) = Total revenue - Total costs = $61,250 - $85,563 = -$24,313
(c) If 12,000 units of SilPol are produced, with the balance of capacity devoted to the production and sale of GR37:
Revenue from sales of GR37 = $2.00 x 5,100 pounds = $10,200
Revenue from sales of SilPol = $5.00 x 12,000 units = $60,000
Total revenue = $70,200
Variable costs for SilPol = $4.70 x 12,000 units = $56,400
Variable costs for GR37 = $0.10 x 5,100 pounds = $510
Total variable costs = $56,910
Fixed costs for the production of SilPol = $3.80 x 12,000 units = $45,600
Fixed costs for the production of GR37 = $0
Total fixed costs = $45,600
Total costs = Variable costs + Fixed costs = $56,910 + $45,600 = $102
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Two years ago Joshua Ryan bought 100 XYZ at $60 per share. While he held the stock it paid dividends of $1 the first year and $1.50 the second year. Joshua sold the shares at $40 per share after a 2 for 1 stock split. How much gain or loss did he incur per share for tax purposes
Answer: He incur $10 per share for tax purposes.
Explanation:
Formula to calculate a gain or loss for tax purposes:
Gain or Loss for tax purposes = proceeds - cost basis
Cost per share = $ 60
After 2 for 1 stock split, the value of per share = (Cost per share) ÷2
= ($60) ÷2 = $30
Sale price of a share = $40
Since, $40 > $30, i.e. Sale price> Cost per share .So its a gain.
Gain= $40 - $30 = $10
Hence, he incur $10 per share for tax purposes.
what conditions must exist in order for customers to be satisfied with marketers and their products?
The conditions must exist in order for customers to be satisfied with marketers and their products When customers' expectations are met.
Which of the following has to be true before marketing can happen?Marketing requires the presence of four elements: two or more parties (individuals or organizations) with unmet needs; their desire and ability to be satisfied; their ability to communicate; and their need to exchange something.
Which of the following requirements must exist before any exchange may take place?At least two parties are required.
There must be something that each has that the other would find useful.
Both can effectively communicate and provide what they have to offer.
Each individual has the freedom to accept or reject the offer.
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When a RBT is working in a school district, he is invited to a Teacher Appreciation Day and is offered gifts from parents in attendance. What code applies here
The code that applies in this situation is the code of professional ethics or conduct for the Registered Behavior Technician (RBT).
The Registered Behavior Technician (RBT) is a paraprofessional who works under the supervision of a Board Certified Behavior Analyst (BCBA) in providing behavior analysis services. The RBT is expected to adhere to a code of professional ethics or conduct that outlines the standards and principles they should follow in their professional practice. This code typically includes guidelines regarding maintaining professional boundaries, avoiding conflicts of interest, and accepting gifts or favors from clients or their families. In the scenario mentioned, since the RBT is being offered gifts from parents, it is important for the RBT to refer to their professional code of ethics and determine if accepting the gifts would be appropriate or if it would create a conflict of interest or compromise professional boundaries.
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Discuss the professions related to finance.
Answer:
Financial officer, finance clerk, treasurer
Finance officers help to manage the finances of an organisation by keeping track of its income and controlling its spending.
Give advice to job seekers who may experience rejection
Some advice to job seekers who were rejected are:
Don't give up. Take the time to increase your skills.It is important to tell job seekers not to give up in their quest for a job. There are many people out there to compete with so rejection will happen but they will eventually get something if they keep trying.
They should also use the time they don't have a job to increase their skills by taking professional courses which can then boost their resumes.
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which federal consumer credit law starts all credit applicants off on the same footing?
The federal consumer credit law that starts all credit applicants off on the same footing is the Equal Credit Opportunity Act (ECOA).
The ECOA prohibits creditors from discriminating against credit applicants on the basis of factors such as race, color, religion, national origin, sex, marital status, age, or receipt of public assistance. This means that all individuals, regardless of their personal characteristics, must be treated equally when applying for credit. The ECOA ensures that all applicants have an equal opportunity to obtain credit and that decisions regarding creditworthiness are based on objective factors such as income, credit history, and ability to repay rather than discriminatory criteria. By promoting fair lending practices, the ECOA helps create a level playing field for all credit applicants.
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The cost to manufacture shoes decreases. Which statement describes the expected outcome?
Supply of the shoes will decrease, and market price will decrease.
Supply of the shoes will decrease, and market price will increase.
Supply of the shoes will increase, and market price will decrease.
Supply of the shoes will increase, and market price will increase.
The statement that describes the expected outcome is: c. Supply of the shoes will increase, and market price will decrease.
What is supply?Supply can be defined as the amount of goods or product produce that is available for buyers to buy or purchase.
If the cost of production is lower ,this will lead to increase in production as companies will be able to buy more materials and the outcome of this is that the market price of goods or product will reduce because the cost to manufactures has reduced.
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Answer: Supply of the shoes will increase, and market price will decrease.
Explanation:
Claim: the city should reduce the rate of subways and buses from $2.25 per ride to $1.25 per ride. which is an effective counterclaim to this claim? the current price of public transportation is necessary for paying workers and maintaining safe equipment. if public transportation were less expensive, more people would be able to utilize it on a daily basis. the cost of public transportation at the current rate can really add up for a person who travels to work every day. a person who chooses to use public transportation has several options, including buying a thirty-day pass.
The cost of public transportation as it is now is essential to cover employee wages and equipment upkeep.
What are the many forms of public transportation?City buses, trolleybuses, trams (or light rail), passenger trains, fast transit (metro, subway, underground, etc.), and ferries are a few examples of public transportation alternatives. The primary means of getting between cities in public transit include airplanes, buses, and intercity rail.
What is the importance of public transportation?All modes of public transit, including buses, trains, and subways, are designed to make life easier for everyone. Communities can become more livable and prosperous in a number of ways, from increased affordability to improved community health, thanks to public transit networks.
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Answer: The current price of public transportation is necessary for paying workers and maintaining safe equipment.
Explanation:
just took the test