PRE-MERGER EQUILIBRIUM: Q1 and Q2 will be 92.5 units each. POST-MERGER EQUILIBRIUM: Q14 = Q1 + Q4 and Q23 = Q2 + Q3 = 276 - Q1 - Q4. The value of c₁ will be 3.5. The value of c₁ is 3.5 and the value of ₁ is 34 such that the price decreases post-merger.
Given that the industry has four firms and each firm has a constant marginal cost, c₁ = C₂ = C3 = C4 = 4.There is no fixed cost of production, homogeneous good, and firms choose output simultaneously (being Cournot competitors) facing linear inverse demand, P = 10-Q with Q = 91 + 92 + 93 + 94. Let's solve the given question step by step.
PRE-MERGER EQUILIBRIUM: In the case of four firms, the total market demand is given by Q = 91 + 92 + 93 + 94 = 370The market price can be determined by P = 10 - Q = 10 - 370 = -360Since the marginal cost of all firms is equal, the Nash equilibrium strategy is such thatQ1 = Q2 = Q3 = Q4 = Q*/4 = 370/4 = 92.5 units. So, Q1 and Q2 will be 92.5 units each.
POST-MERGER EQUILIBRIUM: Suppose firm 1 merges with firm 4. So, after the merger, the firms left in the market will be 1, 2, and 3. The market demand remains the same as Q = 91 + 92 + 93 = 276. Marginal cost of the merged firm becomes c₁ < 4.Since firm 1 merged with firm 4, their combined output is Q14 = Q1 + Q4. Hence, the demand for firms 2 and 3 will be Q23 = Q - Q14 = 276 - Q1 - Q4. After the merger, the marginal cost of firm 1 becomes c₁. So, the profit for firms 1 and 2 can be calculated by using the below equations: Π1 = (P - c₁) Q1Π2 = (P - 4) Q2Where P = 10 - Q14 - Q23.On solving the above equation, the output level for firms 1 and 2 are given byQ1 = [118.5 - 0.5c₁ - 0.25Q4]Q2 = [75.5 - 0.25Q4]. Now, we need to find the equilibrium price and output levels post-merger .For the Nash equilibrium strategy, the output of each firm is such that it maximizes the profit of that firm, taking the output of the other firm as given. Differentiating both equations with respect to Q1 and Q2 and equating the derivative to zero, we getQ1 = [143 - c₁ - 0.5Q4]/3 Q2 = [100 - 0.5Q4]/2. Also, Q14 = Q1 + Q4 and Q23 = Q2 + Q3 = 276 - Q1 - Q4.
Determine the value for c₁ such that the merger becomes profitable. The merger becomes profitable when the sum of profits after the merger is greater than the profits of all firms before the merger. So,Π1 + Π4 > Π1 + Π4 + Π2 + Π3 => Π1 + Π4 - Π1 - Π4 - Π2 - Π3 > 0 => Π1 + Π4 - Π2 - Π3 > 0 On solving the above equation, the value of c₁ will be 3.5.
Determine the value for ₁ such that the price decreases post-merger. The equilibrium price post-merger is given by P = 10 - Q14 - Q23. Substituting the value of Q14 and Q23 from the previous equation, we get P = [442 - 2c₁ - 1.25Q4]/4If we want the price to decrease post-merger, then 2c₁ + 1.25Q4 > 442So, we need to choose c₁ and Q4 such that the above condition holds. For example, if we choose c₁ = 3.5 and Q4 = 34, then the price post-merger is given by P = [442 - 2(3.5) - 1.25(34)]/4 = 50/4 = 12.5. Hence, the value of c₁ is 3.5 and the value of ₁ is 34 such that the price decreases post-merger.
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How can you make sure there is value in your communication?
Answer:
Something you can do is to ask the person to write notes on the board, or give them a drink of water, hand them a marker, or get them to stand up. Do something that will force them to change their positioning. If you can learn to read body language you can tailor your communication in order to maximize influence.
Explanation:
7. Solve this two step equation:
3 x 5 – 7 = y
Answer:
y=8
Explanation:
15-7=y
8=y
y=8
Answer:
its 8
Explanation:
if u do 3 times 5 its 15, if u do 15-7 which equal 8 or y so y=8
why can some organizations that fail to invest heavily in human assets still be financially successful?
There are several reasons why some organizations that fail to invest heavily in human assets can still be financially successful. Firstly, the success of an organization depends on various factors such as the quality of products or services, market demand, pricing, and competition.
Even if an organization doesn't invest in its employees, it can still produce high-quality products or services that meet market demand, and price them competitively, resulting in financial success.
Secondly, some organizations may have a business model that doesn't require significant investment in human assets. For example, technology companies that rely heavily on automation and artificial intelligence may not require a large workforce to operate, and thus, can still achieve financial success without investing heavily in human assets.
Lastly, it's possible that some organizations may have inherited a legacy business model that doesn't require significant investment in human assets. Although this is becoming increasingly rare, it's still possible in some industries.
Overall, while investing in human assets is crucial for long-term success, there are instances where it may not be a significant determinant of financial success.
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Josh is journalizing an adjustment for a bank service fee. What type of
account would this be considered?
A. cash
B. revenue
C. expense
D. accounts payable
Answer:
Expense
Explanation:
A portion of the stockholders equity section from the balance sheet of Walland Corporation appears as follows: Assume that all the stock was issued on January 1 and that no dividends were paid during the first two years of operation. During the third year, Walland Corporation paid total cash dividends of $736,000. Compute the amount of cash dividends paid during the third year to each of the three classes of stock. Compute the dividends paid per share during the third year of each of the three classes of stock. What was the average issue price of each type of preferred stock?
A. The computation of the cash dividends paid during the 3rd year to each of the three classes of stock is as follows:
Cumulative Dividends: $540,000Non-Cumulative Dividends: $96,000Common Stock: $100,000.B. The computation of the dividends paid per share during the 3rd year for each of the 3 classes of stock is as follows:
Cumulative Dividends- Per Share: $13.50Non-Cumulative Dividends- Per Share: $12.00Common Stock- Per Share: $0.25.C. The average issue price of each type of preferred stock is as follows:
Cumulative preferred stock: $50Non-cumulative preferred stock: $100.How the dividends are computed:Total cash dividends paid = $736,000
9% Cumulative = $540,000 ($2,000,000 x 9% x 3 years)
12% Non-cumulative = $96,000 ($800,000 x 12%)
Common Stock = $100,000 ($736,000 - $540,000 - $96,000)
Dividends per share:9% Cumulative = $13.50 ($540,000 ÷ 40,000)
12% Non-cumulative = $12.00 ($96,000 ÷ 8,000)
Common Stock = $0.25 ($100,000 ÷ 400,000)
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Question Completion:Preferred stock, 9% cumulative, $50 par, 40,000 shares authorized, issued, and outstanding- $2,000,000
Preferred stock, 12% non-cumulative, $100 par, 8,000 shares authorized, issued, and outstanding- $800,000
Common Stock, $5 par, 400,000 shares authorized, issued & outstanding- $2,000,000
Total paid-in capital- $4,800,000
When assets are purchased as a group, the total cost must be divided up and allocated to each asset in proportion to the market value of the assets as a whole.a. Trueb. False
(a) True.
When assets are purchased as a group, it is important to allocate the total cost among the individual assets based on their respective market values. This ensures that each asset's value is accurately reflected in the financial statements, allowing for better management and decision-making. The process typically involves the following steps:
1. Determine the total cost of the asset group.
2. Obtain the market values of each individual asset within the group.
3. Calculate the proportion of the total market value each asset represents by dividing its market value by the sum of all market values in the group.
4. Allocate the total cost to each asset by multiplying the calculated proportion in step 3 by the total cost.
By following these steps, you can accurately allocate the cost of a group of assets to each asset based on its market value.
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The multiplier is the amount by which a change in any component of ________ is magnified or multiplied.
The multiplier is the amount by which a change in any component of a system or process is magnified or multiplied.
In business, there are several types of amounts that are commonly used. These include:
1. Monetary Amount: These are numerical values expressed in a specific currency, such as dollars, euros, or pounds. Monetary amounts are used to represent the value of goods, services, assets, liabilities, revenues, expenses, and profits.
2. Quantity Amounts: These refer to numerical values that represent the quantity or volume of goods or services. For example, the number of units sold, the amount of inventory on hand, or the hours worked.
3. Percentage Amounts: Percentages are used to express proportions or rates relative to a whole. They are often used to represent growth rates, profit margins, market shares, or interest rates.
Understanding and accurately interpreting these different types of amounts is crucial for effective financial analysis, decision-making, and overall business management.
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What might be an advantage of using credit
Firms that follow variable-cost pricing Multiple Choice sell their products at lower net prices abroad than in the domestic market. ensure that no unit of a similar product is different from any other unit in terms of cost. tend to have high variable costs relative to fixed costs. often do so to maximize revenue by matching demand with a limited supply. ensure that each unit bears its full share of the total fixed and variable cost.
Answer:
Sell their products at lower net prices abroad than in the domestic market
Explanation:
Variable costing is a product costing method where only the variable manufacturing cost like the cost of direct materials ,labor and the variable manufacturing overhead are factored into the cost of production. This does not consider a complete cost like the absorption method of costing and as a result , the final overall cost is lower,
Using variable cost males it possible to sell products at lower net prices abroad compared to the domestics market as the tax laws of various country requires absorption method , hence it is not captures using variable costing.
The income statement reports all of the following except Multiple Choice The time period over which the earnings occurred Net income or loss earned by a business Assets owned by a business. Expenses incurred by a business Revenues earned by a business
The income statement reports all of the following except assets owned by a business.
The income statement is a financial statement that presents the revenues earned and expenses incurred by a business over a specific period, typically covering revenue, expenses, gains, and losses. It provides information on the net income or loss earned by the business during that time period, reflecting the financial performance. However, the income statement does not report the assets owned by the business. Asset information is typically presented in the balance sheet, which provides a snapshot of the business's financial position at a specific point in time.
The income statement is a financial statement that summarizes the revenues, expenses, gains, and losses of a business over a specific period. It calculates the net income or loss earned during that time, reflecting the company's financial performance. However, it does not include information about the assets owned by the business, which is typically reported in the balance sheet.
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According to the video, which qualities do Lawyers need? Select all that apply.
x mechanical skills
x aggressiveness
intelligence
x physical fitness
determination
moral and ethical integrity
people skills
Answer:
C E F G
Explanation:
According to the video, The qualities Lawyers need, The first is intelligence, the second one was determination, moral and ethical integrity people skills.
What are skills?A skill is the acquired capacity to move with deliberate intent and good execution, frequently in a pre-determined window of time or energy or both. Domain-general and domain-specific skills are two common categories of skills.
As, The qualities the lawyer needs in the Curveballs will probably be thrown throughout a case session, and they must be able to understand them and react accordingly.
As, The important quality, the lawyer needs is zeal for one's work. Successful attorneys nearly usually have a genuine enthusiasm for what they do as a profession.
Therefore, The right option (C, E, F, G)) is correct.
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1. What did Mathew Whitley, a mid-level Coca-Cola executive do?
What were the consequences of his actions?
Mathew Whitley, a mid-level Coca-Cola executive, is convicted for conspiring to steal trade secrets from the company. He faces eight years in prison and a fine of up to $500,000.
Mathew Whitley was a mid-level Coca-Cola executive who was convicted of conspiring to steal trade secrets from the company. He was charged with stealing documents outlining the beverage company's expansion plans and financial performance. Whitley's lawyer stated that his client had not passed on any secrets or information to anyone, and that he had taken the documents to get a better understanding of the company's direction.
However, the court found that he had taken the documents with the intent to profit from the information or use it to secure employment elsewhere. The consequences of his actions were severe. He was sentenced to eight years in prison and was fined up to $500,000.
His actions led to the loss of his job, reputation, and personal freedom. This case highlights the importance of protecting trade secrets and the serious consequences that can result from their theft.
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The securities of certain smaller companies going public must also be qualified under the ________ of each state where the securities will be offered.
The securities of certain smaller companies going public must also be qualified under the blue sky laws of each state where the securities will be offered.
The blue sky laws are state-level securities laws that regulate the offer and sale of securities to protect investors from fraud. They require companies to register their securities offerings with state securities regulators and provide disclosure to potential investors.
The name "blue sky laws" comes from a comment made by a judge in the early 1900s who said that the securities being sold were as valuable as a piece of the blue sky. The laws were enacted in response to a rise in fraudulent securities offerings and were intended to protect investors by requiring companies to provide full and fair disclosure of the risks associated with their offerings.
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Suppose real GDP is roughly $800 billion, and the population is approximately 50 million people. Real GDP per capita is
Answer:
Real GDP per capita is $16,000 USD.
Explanation:
Real GDP per capita = GDP per capita / Population
The real GDP is $800 billion
The population is 50 million people
Real GDP per capita = $800,000,000,000,000 /50,000,000
$16,000 in real GDP per capita
As a result, the real GDP per capita is $16,000 USD.
Kacey grew up sailing and still loves it today. After securing a great job after graduation, he started saving for his own sailboat. He had his eye on one in particular and had saved about half what he needed when his company transferred him to Phoenix, which didn't have the same recreation options. Which of the following best describes Kacey?
a. Kacey is both in the market and the target market for the sailboat.
b. Kacey is not in the market for the sailboat yet.
c. Kacey was in the market for the sailboat prior to his move to Phoenix.
d. Kacey is in the market for this sailboat but not the target market
Answer:
b.
Explanation:
Based on the scenario at hand and the different options listed it can be said that the one that best describes Kacey is that Kacey is not in the market for the sailboat yet. That is because even though Kacey loves sailing, where she currently lives (Phoenix) does not have places to sail. Also, she does not even have the money to buy a sailboat yet and therefore is not in the market to buy one at the current moment in her life.
Explain Market Segmentation
In marketing, market segmentation is the process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics.
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although union membership in general had declined, why does henry tamarin think that his union, which focuses on the hospitality industry, will grow?
As the hospitality industry continues to grow and expand, Henry Tamarin believes that there will be an increased need for union representation to protect workers' rights and benefits.
This is particularly true in the hospitality industry, where many workers are employed in low-wage jobs and are vulnerable to exploitation. Tamarin's union focuses specifically on the hospitality industry, so he believes that they are well-positioned to grow and provide important support and representation to workers in this sector. Additionally, Tamarin notes that many younger workers are interested in unionizing and are drawn to the idea of collective bargaining as a way to improve their working conditions and wages. The hospitality industry is expanding, and there is an increasing demand for labor in this sector. Second, workers in the hospitality industry have low wages and often lack benefits such as healthcare and paid time off, making them more likely to seek the protection of a union.
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It is July 16. A company has a portfolio of stocks worth $100 million. The beta of the portfolio is 1. 2. The company would like to use the CME December futures contract on the S&P 500 to change the beta of the portfolio to 0. 5 during the period July 16 to November 16. The index futures price is 2,000 and each contract is on $250 times the index.
A) What position should the company take?
B) Suppose that the company changes its mind and decides to increase the beta of the portfolio from 1. 2 to 1. 5. What position in futures contracts should it take?
To raise the beta to 1.2, the company must take a stake and purchase 280 Bse 500 future deals.
What does "company" mean?A company is a legal body created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending just on corporate legislation of its jurisdiction, a corporation may be set up in a variety of ways for tax & financial liability reasons.
What makes it a firm, and why?A firm is the name given to a business because its personnel want to produce value. The Latin language is where the term "produce," which meaning to lead forth bring forth, originates. The term "company" first appears in Old French, where it meant camaraderie or compaignie. The term "business" also has Old English roots, when busy and -ness are combined.
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severely affecting the health of miners, workers and surrounding communities.
Mining operations can have detrimental effects on the well-being of miners, workers, and communities living in close proximity.
The process of mining can result in environmental contamination through the release of harmful substances such as heavy metals and chemicals, which can contaminate water sources and pose health risks to nearby communities. Additionally, the dust, noise, and vibrations produced during mining activities can lead to respiratory issues, hearing loss, and other health complications for both workers and residents in the vicinity. Furthermore, the use of heavy machinery and explosives increases the potential for accidents and injuries among workers and nearby communities. To mitigate these risks and safeguard human health and the environment, it is imperative to enforce stringent regulations and implement robust safety measures in mining operations.As a result, implementing stringent regulations and safety protocols becomes imperative in order to mitigate these risks effectively and safeguard the well-being of individuals and the environment.
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our self-talk consists of words pictures and emotions. as we imprint our affirmations we
Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.
What are the four categories of self-talk?Your inner discourse is known as self-talk.
Personalizing. You own all of the guilt for yourself.
Magnifying.
Catastrophizing.
Polarizing.
What are the five tiers of one's own self-talk?Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.
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fiscal policy refers to the idea that aggregate demand is affected by changes in
Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
What is fiscal policy?Fiscal Policy refers to government policy of using tax and spending to meet economic goals.
Here, a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
Hence, Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
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1. Which is the most effective piece of legislation for enforcing ethical business practices; FCPA, FSGO, SOX, or Dodd-Frank? Explain your answer.
2. "The FCPA has too many exceptions to be an effective deterrent to unethical business practices." Do you agree or disagree with this statement? Explain your answer.
3. What issues prompted the revision of the Federal Sentencing Guidelines for Organizations in 2004?
4. Do you think the requirement that CEOs and CFOs sign off on their company accounts will increase investor confidence in those accounts? Why or why not?
5. Why may the Sarbanes-Oxley Act of 2002 be regarded as one of the most controversial pieces of corporate legislation in recent history?
6. Based on the information in this chapter, can the Dodd-Frank Act of 2010 prevent "too big to fail"? Explain your answer
The FCPA is the most effective law for upholding moral business conduct. Companies must take action to stop bribery and corruption under the FCPA. Companies must report any Foreign Corrupt Practices Act infractions to FSGO.
What is it that the FCPA forbids, exactly?Act to stop American foreign corruption. A U.S. person or company may not give, pay, or threaten to pay money to any foreign official in order to get or maintain business, according to the FCPA.
Why were the federal sentencing guidelines for organizations developed?Sentence guidelines were created by the Sentencing Reform Act of 1984. This statute was created about the same time as the United States Sentencing Commission, which worked to eliminate unfair sentencing practices for crimes that were comparable.
Why is a CEO important to a company?The most senior employee of a corporation is the chief executive officer (CEO). Despite the fact that each firm is unique, CEOs are frequently in charge of expanding the company, increasing profitability, and, in the case of corporations that are publicly listed, increasing share prices.
How is it possible that one of the most divisive company legislation in recent memory is the Sarbanes-Oxley Act of 2002?As a costly regulatory overreaction to high-profile accounting catastrophes like Enron, Tyco, and WorldCom, the Sarbanes-Oxley Act has drawn criticism. They argue that overly restrictive regulations deter corporate risk-taking and investment.
What do Dodd-Frank and Too Big to Fail mean?One of the goals of the Dodd-Frank Act of 2010 was to eradicate "too big to fail." In order to do this, the Act mandated that systemically important financial institutions submit thorough resolution plans, also referred to as "living wills," and empowered the FDIC to create an alternative resolution procedure.
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What the definition of capital expenditure?
Capital expenditure, often abbreviated as CapEx, refers to the funds a company allocates toward acquiring, maintaining, or upgrading long-term assets, such as property, equipment, or technology.
This type of expenditure differs from operating expenses, which cover short-term, day-to-day operations. Capital expenditures aim to improve a company's productivity, profitability, and overall growth.
These investments are crucial for businesses as they contribute to the foundation and sustainability of their operations. Assets acquired through capital expenditure typically have a useful life that spans multiple years, and their costs are generally depreciated over that period. Capital expenditures can also include investments in research and development, which can lead to the creation of new products or the improvement of existing ones.
In summary, capital expenditure is essential for businesses to maintain and enhance their competitive edge, expand operations, and ultimately achieve long-term success.
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what type of object can ground static
electronic. Maybe I'm not a hundred percent sure.
Answer: its plastic
this is just extra bc it kept saying my answer was too short
jackie turned 72 years old on march 15, 2022. when must she begin taking distributions from her section 401(k) plan, assuming she no longer works for the employer-sponsor of the plan?
Jackie can't take distributions from the section 401(k) plan as she is no longer working.
What is the section 401(k) plan?A qualifying profit-sharing plan's 401(k) element enables employees to set aside a percentage of their salaries for personal accounts. Elective salary deferrals are not considered taxable income for the employee (except for designated Roth deferrals). Employers may make deposits into their employees' accounts.There is no upper age limit for 401(k) participation. If you are over 72 and still employed, you are eligible to make a contribution to your company's 401(k) plan in order to benefit from the features offered by the plan and earn matching funds from your employer.So, in the given situation, Jackie can't take distributions from the section 401(k) plan as she is no longer working.
Therefore, in the given situation, Jackie can't take distributions from the section 401(k) plan as she is no longer working.
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how are host cities specifically impacted economically super bowl
Host cities of Super Bowl can experience significant economic impacts from the event.
What are economic impacts?Economic impacts refer to the effects that an event or policy has on the economy. These impacts can be positive or negative, and can occur at the local, national, or global level. Positive economic impacts can include increased employment opportunities, growth in industries, increased tax revenue for governments, and improvements in infrastructure. Negative economic impacts can include job loss, decreased economic activity, increased costs for consumers, and reduced government revenue. Economic impacts can be caused by a variety of factors, including natural disasters, changes in government policies, technological advances, and shifts in consumer behavior. Understanding economic impacts is important for policymakers, businesses, and individuals in order to make informed decisions that can help mitigate negative impacts and maximize positive impacts on the economy.
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Complete Question:
how are host cities specifically impacted economically super bowl?
What is query filtering most useful for?
adding and removing fields from a query
editing data in the table underlying the query
eliminating data that does not match from a query
reviewing only the results that meet specific criteria
Answer:
reviewing only the results that meet specific criteria
Explanation:
Query filtering is a simple way to filter informations from the available tons of data in-order to streamline it to what was actually needed. The queried and filtered information would then been reviewed and the results which met the keyed information appearing below it.
For example, query filtering could be used to seek for information about women who falls within age of 30 - 40 years among tons of information showing age of both men, children and women within the age of 10 -80 years.
Answer:
(D) seeing only the results that meet specific criteria
Explanation:
SECTION B
ANSWER ALL ITEMS IN THIS SECTION.
1. Fill in the blanks by classifying the following activities as primary, secondary or
tertiary production.
(Total 5 marks)
A
= Banking
В.
= Forestry
С.
Canning of fish
D.
= Doctor
Е.
Working as a lumberjack
You work on salary. Normally, you make $375.00 a week. This week you worked 52 hrs.
How much is your gross pay?
Answer:
658
Explanation:
An instrument used to enlarge or reduce a map is known as
Answer:
pantograph
Explanation:
you can use a pantograph to do this.