Repurposing refers to the practice of utilizing existing technologies or resources for different purposes than originally intended. It involves adapting or modifying existing tools, systems, or knowledge to address new challenges or fulfill different objectives. Repurposing can have a significant impact on the use of new technologies in training.
When it comes to training, repurposing allows organizations and individuals to leverage existing technologies to support learning and development initiatives. It can involve repurposing hardware, such as using smartphones or tablets for mobile learning, or repurposing software platforms for e-learning or virtual training environments. Repurposing can also extend to content, where existing resources are modified or repackaged to suit specific training needs.
By repurposing technology, training programs can benefit from cost savings, quicker implementation, and increased accessibility. It allows for the integration of new technologies without completely discarding existing infrastructure, thus maximizing resources. Repurposing encourages innovation and flexibility in training, enabling organizations to adapt and evolve their learning strategies in response to changing needs and emerging technologies.
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alternative sources of start-up funding available to young South African entrepreneurs
The sources of capital that are available to the young entrepreneurs in South Africa would be:
grantsIDF CapitalFinance agenciesLulalend Business Funding.What is meant by finance capital?This is the term that is used to refer to the money that a person would need in order to be able to start a business. It is the money that is needed to get things in an operational form.
The lack of capital is one of the issues that face the growth of the entrepreneurial business world in South Africa as a lot of people do not have the money with which to build on.
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If the stock turnover rate for your industry is 3, how many months' worth of inventory should you keep in stock at all times? (a) 2. (b) 3, (c) 4,
(d) 9.
Answer:
2
Explanation:
Today, ________ are flourishing due to the increased use of market segmentation and market targeting. A) chain stores B) specialty stores C) superstores D) discount stores E) off-price stores
Today, specialty stores thrive due to the increased use of market segmentation and market targeting.
What does a marketing specialist store entail?Retailers that specialize in marketing specialty stores offer a wide range of goods in specific niches. Furniture stores, flower shops, sporting goods stores, and bookstores are examples of specialty retailers. Retailers (large and tall clothing) such as DXL Big + Tall and The Athlete's Foot (selling only athletic shoes).
Which of the following describes an online transaction between a retailer and a customer?E-commerce, also known as electronic commerce, is the transfer of products or services, funds, and data over electronic networks, most commonly the Internet. These business transactions can be B2B, B2C, C2C, or C2B (business-to-business, consumer-to-consumer, or business-to-business).
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Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,300. Budgeted cash receipts total $189,500 and budgeted cash disbursements total $190,600. The desired ending cash balance is $31,300. To attain its desired ending cash balance for January, the company should borrow: Multiple Choice $31,300 $0 $13,100 $49,500
The correct option is C). $13,100.
What is Budgeted cash receipts and Budgeted cash disbursements?Budgeted cash receipts refer to the money that the company expects to receive in a specific period of time.
Budgeted cash disbursements are the payments that the company expects to make in a specific period of time.
As per given in the Question:
$19,300 + $189,500 - $190,600 =$18200
Here, $18,200 will be subtracted from $31,300 to determine the amount that the company needs to attain its desired ending cash balance:
$31,300 - $18,200= $13,100
According to this, the company should borrow $13,100.
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Jessica has just opened a shoe store. To operate her business, she orders her
shoes from a company. That company receives the shoes from a local
designer. What role does Jessica play in the distribution channel?
A. Jessica is a producer.
оо
B. Jessica is a wholesaler.
C. Jessica is a retailer.
O
D. Jessica is a storage provider.
Answer:
The answer is C
Explanation: Brainiest Would help! :D
Answer:
Answer: C Jessica is a retailer
Explanation:
RETAILERS are responsible for making goods convenient for consumers
to buy.
If you own a business that purchases other people's merchandise and sells
it in your shop you are known as a RETAILER.
height?
6 cm
6 cm
Volume: 288 cm
:
What is the height
Answer:
the height is 4.
Explanation:
I had a problem like this on a test before
Victor signs an arbitration agreement providing that he will arbitrate any disputes with his employer, Business Corp. Victor believes that Business Corp. has discriminated against him in violation of the Americans with Disabilities Act. The EEOC also investigated the situation and brought an action against Business Corp. alleging that Business Corp. discriminated against Victor in violation of the Americans with Disabilities Act. What is the effect of the arbitration clause in regards to the action brought by the EEOC?
Answer:
The arbitration clause signed by Victor and Business Corp. is binding to them only. That means that they must resolve their disputes using an arbitrator. But that clause has no effect on the Equal Employment Opportunity Commission (EEOC) and any of the actions that it decides to take against Business Corp. Government entities are not affected by arbitration clauses, since breaking the law cannot be made solved by an arbitrator.
During its most recent fiscal year, Dover, Inc. had total sales of $3,340,000. Contribution margin amounted to $1,570,000 and pretax income was $505,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?a) $2,075,000.b) $2,835,000.c) $1,265,000.d) $1,065,000.e) $1,770,000.
Answer:
d) $1,065,000
Explanation:
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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2. Describe what skew and kurtosis are used for in the analysis of investment return distributions. ↓ What shapes do positive and negative skews represent? What is the significance of a fat tail distribution in the context of risk management?
**Skewness and kurtosis are used in the analysis of investment return distributions to assess their shape, asymmetry, and tail behavior.**
Skewness measures the degree of asymmetry in a distribution. A positive skew indicates that the distribution has a longer tail on the right side, implying that extreme positive returns are more likely. This suggests that there may be more upside potential in the investment returns. On the other hand, a negative skew indicates a longer tail on the left side, implying that extreme negative returns are more likely. This suggests that there may be more downside risk in the investment returns.
Kurtosis measures the degree of thickness or heaviness of the tails in a distribution compared to a normal distribution. A fat-tailed distribution, characterized by high kurtosis, indicates a higher likelihood of extreme returns (both positive and negative) compared to a normal distribution. In the context of risk management, a fat tail distribution is significant because it suggests a higher probability of extreme events occurring, which can have significant impacts on investment portfolios. This highlights the need for robust risk management strategies to account for tail risk and potential losses beyond what traditional risk models assume.
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Compounding frequency and time value Personal Finance Problem You plan to invest $1,900 in an individual retirement arrangement (IRA) today at a nominal annual rate of 7%, which is expected to apply to all future years. a. How much vwill you have in the account at the end of 9 years if interest is compounded (1) annually, (2) semiannually, (3) daily (assume a 365-day year), and (4) continuously? b. What is the effective annual rate, EAR, for each compounding period in part a? c. How much greater will your IRA balance be at the end of 9 years if interest is compounded continuously rather than annually? d. How does the compounding frequency affect the future value and effective annual rate for a given deposit? Explain in terms of your findings in parts a through c.
The annual compounding is calculated as $ 3493.07. The calculations are given as follows:
Amount = Principal (1+r)n
where r is the interest rate per period & "n" is no.of periods
Amount, if int compounded annually:
Amount = $ 1900 (1+0.07)9
= $ 1900(1.07)9
= $ 1900*1.8385
= $ 3493.07
Amount, if int compounded semi-annually:
Amount = Principal (1+r)n
= $1900(1+0.035)18
= $1900(1.035)18
= $1900*1.8575
= $3529.23
Amount, if int compounded Daily:
Amount = Principal (1+r)n
= $1900(1+0.000192)3285
=$1900*1.8775
= $ 3567.25
Amount, if int compounded continuously:
Amount = Principal* ert
= $1900*e0.07*9
= $1900*e0.63
= $1900*1.8776
= $3567.46
2. Computation of Effective rate:
Compounding Particulars Formula Annually Semi Annually Daily Continously alculation(1+0.07)1-1(1+0.035)A2-1(1+0.000192) 365-1
Due to rounding off diff, we are having daily compounding effective int rate is more than continuous compounding effective int rate.
3. Excess amount in continuous compounding rather than Annual compounding:
Amount in continuous compounding = $ 3567.46
Amount in annual compounding = $ 3493.07
Difference = $74.39
4. If compounding frequency increases, interest will be calculated on principal & interest more frequently.
Thus it will be calculated on the accumulated amount results into int on int and leads to a higher amount in case of multiple compoundings.
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Isaiah is in his 50s and currently does not have a retirement fund. However, he recently read a few articles about the insufficient savings of people in retirement and, as a result, he decides he wants to start now. He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.
Answer:
Future Value= $158,475.64
Explanation:
Giving the following information:
He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.
I assume we have to determine the value of the investment at the time of retirement.
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit= 500
n= 15*12= 180
i= 0.07/12= 0.005833
FV= {500*[(1.005833^180) - 1]} / 0.006833
FV= $158,475.64
A random variable follows a binomial distribution with a probability of success equal to 0.59. Find:
For a sample size of n=6, find: The probability of exactly 4 success
The expected value(mean)
The expected variance
If a random variable follows a binomial distribution with a probability of success equal to 0.59 then the expected variance is approximately equal to 1.468.
Given that a random variable follows a binomial distribution with a probability of success equal to 0.59.
We need to find the following values:
For a sample size of n = 6, find: The probability of exactly 4 successes The expected value(mean)The expected variance
The probability of exactly 4 successes
The probability of exactly 4 successes can be calculated by using the following formula:
P(X = k) = nCk * p^k * (1 - p)^(n - k)
Where, P = Probability of success
n = sample size
nCk = combination of k successes in n trials
Therefore, the probability of exactly 4 successes can be calculated as
P(X = 4) = 6C4 * 0.59^4 * (1 - 0.59)^(6 - 4) = 0.2676
The probability of exactly 4 successes is 0.2676.
The expected value (mean) The expected value (mean) of a binomial distribution is given by the formula: μ = np
where, μ = mean of the binomial distribution n = sample size p = probability of success
Therefore, the expected value is: μ = 6 * 0.59 = 3.54 The expected value (mean) is 3.54.
The expected variance of a binomial distribution is given by the formula: σ^2 = np(1 - p) where σ^2 = variance of the binomial distribution = sample size p = probability of success
Therefore, the expected variance is:σ^2 = 6 * 0.59 * (1 - 0.59)≈ 1.468
The expected variance is approximately equal to 1.468.
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project deliverables represent key dates when a certain group of activities must be performed. group startstrue or false true, selected false
False, Project milestones are important dates by which a specific set of tasks must be completed not project deliverables.
What are deliverables?Any product or service created as a result of a project and intended for delivery to a customer is known as a deliverable (either internal or external). A deliverable could be a document, software product, server upgrade, report, or any other project component. A deliverable could be made up of several smaller ones. It could be an output that needs to be given (as in, "The corporation claims that becoming profitable this year is a deliverable") or an outcome that needs to be attained.
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sixteen years ago, ms. cole purchased a $506,000 insurance policy on her own life and named her son as sole beneficiary. she has paid $31,372 total premiums to keep this policy in force. required: this year, she liquidates the policy for its $38,962 cash surrender value. does she recognize income on the liquidation? now assume that ms. cole is terminally ill. the insurance policy provides that a person with a life expectancy of less than one year can liquidate the policy and receive 80 percent of the death benefit. she does so and receives a $404,800 accelerated death benefit. does she recognize income on the liquidation?
In the first scenario, Ms. Cole sells the insurance policy for its $38,962 cash surrender value, but she does not record the sale as an income source. The cash surrender value is a reimbursement for the premiums she has already paid and is typically not subject to income tax.
Ms. Cole does not recognize income on the liquidation in the second scenario, where she is terminally sick and receives an expedited death benefit of $404,800. If the policyholder has a life expectancy of less than one year, the accelerated death benefit is normally not taxable as income. It's crucial to keep in mind that tax laws can differ, so Ms. Cole should speak with a tax expert to ensure that she is adhering to all applicable laws in her country.
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3.) A special cereal mixture contains rice, wheat and corn in the ratio of
2:3:5. If a bag of the mixture contains 3 pounds of rice, how much corn
does it contain?
Answer:
7.5
Explanation:
Let R = rice.
Let W = wheat.
Let C = corn.
Let X = special cereal mixture
Given the following data;
Ratio of rice, wheat and corn = 2:3:5
Total quantity of rice = 3 pounds.
Ratio = 2 + 3 + 5 = 10
For rice;
2/10 * X = 3
Cross multiplying, we have;
2X = 30
X = 30/2 = 15
Therefore, the total quantity of the special cereal mixture is 15 pounds.
To find the total amount of corn;
C = 5/10 * 15
C = 75/10
C = 7.5 pounds.
Hence, the special cereal mixture contains 7.5 pounds of corn.
To find the total amount of wheat;
W = 3/10 * 15
W = 45/10
W = 4.5 pounds.
Check;
Special cereal mixture = rice + wheat + corn.
Special cereal mixture = 3 + 4.5 + 7.5
Special cereal mixture = 15 pounds.
Answer:
7.5 pounds of corn.
Explanation:
Rice=2x -> 3 pounds
Wheat=3x
Corn=5x
2x=3
x=1.5
5*1.5
=7.5
suppose that the government chooses to do project c. what is the total cost and total benefit of doing project c?
Total cost is $9 billion dollar and total benefit is $12 billion dollar. Capital assets are assets that are used in a company's business operations to generate revenue over the course of more than one year.
What are capital assets?Investments are important assets such as homes, cars, investment properties, stocks, bonds, and even collectibles and works of art.
For a company, a fixed asset is an asset that has a useful life of more than one year and is not intended for sale in the ordinary course of business. This is also a kind of production cost.
For example, if a company purchases a computer for use in its office, that computer is an asset. If another company buys the same computer to sell, it counts as inventory.
They are often recognized as assets on the balance sheet and expensed over the asset's useful life through a process known as depreciation.
Depreciating an asset over its useful life helps reconcile the cost of the asset with the revenue generated during the same period.
Fixed assets may be tangible or intangible, but most fixed assets are associated with buildings, land, or FFEs.
Capital assets differ from regular assets in that capital assets are more useful in the long run, while regular assets have primary value in the day-to-day operations of the company.
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Which industry is Amazon involved in ?
Answer:
Cloud computing e-commerce artificial intelligence consumer electronics digital distribution self-driving cars
Explanation:
Answer:
Cloud computing e-commerce
Explanation:
it is used for artificial intelligence or the use of robots
PLLZZ HELLLP DUE IN 1 MINNNN
Which list of integers is in order from least to
greatest?
A -42, -39, -4, 40, 41
B -42, 41, 40, -39, -4
C -4, -39, 40, 41, -42
D 41, 40, -4, -39, -42
Feel it all so certainly
I can't stop now, I'm in too deep
And I overtake my senses
And I'll never be in jeopardy
(wave lyrics)
Answer:
A is the correct answer I think hope this helps
Answer:
A
Explanation:
When the lights dim
And we conquer
You start to feel the pull
I can't help but (help but)
Scream out (scream out)
We're unstoppable
Like a wave
Like a wave (Riding on that energy)
Like a wave (Sifting through the memories)
Like a wave
Riding on that energy
Soaking through the memories
I can't hold back
I'm riding on that energy
Ignite the electricity
Cause you haven't seen the last of me
I'm more than just a memory
Push has just begun to pull
I-I-I can't help but (help but)
Scream out (scream out)
We're unstoppable
Like a wave
Like a wave (Riding on that energy)
Like a wave (Sifting through the memories)
Like a wave
Riding on that energy
Soaking through the memories
I can't hold back
Like a wave
Like a wave (Riding on that energy)
Like a wave (Sifting through the memories)
Like a wave
(I can't hold back)
Like a wave (Riding on that energy)
Like a wave (Sifting through the memories)
I can't hold back
Being able to easily compare the debits and credits for each journal entry helps.
The journal provides a chronological record of transactions. The journal helps prevent or locate errors because the debit and credit amounts for each entry can be readily compared.
What is the role of debits and credits in the double entry accounting system?Debits and credits are essential to the double entry system. In accounting, a debit refers to an entry on the left side of an account ledger, and credit refers to an entry on the right side of an account ledger.
What is the importance of using a journal in accounting?The purpose of a journal entry is to physically or digitally record every business transaction properly and accurately. If a transaction affects multiple accounts, the journal entry will detail that information as well.
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The equity section of CFAS Company revealed the following information on December 31, 2022:
Preference share capital, P100 par
| P5,000,000
Share premium-preference shares
Ordinary share capital, P50
3,200,000
Share premium-ordinary shares
463,899
Subscribed ordinary share capital
Retained earnings-appropriated
250,000
Subscription receivable-ordinary shares
Retained earnings- unappropriated
3,500,000
Treasury shares-ordinary
How much is the contributed capital of CFAS Company as of December 31, 2022?
As per the information given in the question, the contributed capital of CFAS Company as of December 31, 2022 can be calculated as follows:
Contributed capital = Preference share capital + Ordinary share capital + Share premium-preference shares + Share premium-ordinary shares Preference share capital = P5,000,000Ordinary share capital = 3,200,000 Share premium-preference shares = 0Share premium-ordinary shares = 463,899
Therefore, Contributed capital = P5,000,000 + 3,200,000 + 0 + 463,899 = P8,663,899 Hence, the contributed capital of CFAS Company as of December 31, 2022 is P8,663,899.
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Calculate the amount of heat needed to melt of solid methanol () and bring it to a temperature of . round your answer to significant digits. also, be sure your answer contains a unit symbol.
The amount of heat needed for melting solid methanol will be 85.0 kJ.
What is meant by melting temperature?The melting point of a pure material is the temperature at which its solid and liquid phases may coexist in equilibrium. When heat is applied to a solid, its temperature will increase till its melting point has been reached. Further heating will result in the solid becoming a liquid without the temperature changing.
When the entire solid has melted, the excess heat will raise the temperature of the liquid. Compounds and elements can be identified by a particular melting point, which is a distinctive number. Most mixtures and unstructured solids melt at a broad range of temperatures.
Therefore, the melting temperature of methanol is 85.0 kJ.
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A government agency is putting a large project out for low bid. Bids are expected from ten contractors and will have a normal distribution with a mean of $3.6 million minimum bid. Place "Mean" and "Std Dev" in column A in rows 1 and 2, respectively, and place their corresponding values in column B. Place the column headers "Bid 1", "Bid 2", and so on out to "Bid 10" in cells C1, D1, and so on out to L1, respectively. To generate random numbers for the first bid, in the cells in the "Bid 1" column, enter the formula =NORM.INV( RAND() ,\$B\$1,\$B\$2) in the cells in column C below C1. To generate random numbers for the remaining bids, enter the exact same formula in the cells in columns D through L below row 1. To determine the winning bid for the bids in row 2, enter the column header "Winner" in cell M1, and enter the formula =MIN( C2: L2 ) in cell M2. Winners for other rows can be calculated using a similar formula with the same column letters but incrementally-increasing row numbers. set of winning bids. The mean of the distribution of minimum bids will be ∣ distribution of minimum bids will be the mean of the distribution of all bids, and the standard deviation of the will be
A government agency is putting a large project out for low bid. Bids are expected from ten contractors and will have a normal distribution with a mean of $3.6 million minimum bid.Mean and Std Deviation are given values for the distribution of bids from ten contractors.
The mean of minimum bids equals the mean of all bids and the standard deviation of minimum bids equals that of all bids.Using the given data, the formula for generating random numbers for the first bidis`=NORM.INV(RAND(),$B$1,$B$2)` in the cells in column C below C1.To generate random numbers for the remaining bids, enter the exact same formula in the cells in columns D through L below row 1.The formula for determining the winning bid for the bids in row 2 is =MIN(C2:L2) in cell M2. Winners for other rows can be calculated using a similar formula with the same column letters but incrementally-increasing row numbers.The mean of the distribution of minimum bids will be $3.6 million, and the standard deviation of the distribution of minimum bids will be equal to that of the distribution of all bids.
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What does the term 'user
experience' refer to regarding a
website?
A. the overall ease of navigation and ability to
purchase on a company's website
B. the general experience a customer has when
using a product of a business
C. the customer experience when dealing with
customer service representatives
Answer:b
Explanation:
Which of the following is an example of a command economy?a) hunter-gatherer systems.b) decisions by individuals to satisfy their own self-interest.c) centralized decision-making by the Chinese government.d) 'sin taxes' on alcohol and tobacco.
The right preference is (c). Centralized decision-making with the resource of the Chinese government.
What is a command monetary device in economics?A command economy, also acknowledged as a planned economy, is one in which the central government plans, organizes, and controls all economic activities to maximize social welfare. Command economies, as adverse to free-market economies, do no longer enable market forces like provide and demand to decide manufacturing or prices.
What are some examples of a command financial machine existing in our market system?This is a central monetary goal which is the purpose for allocating assets and production. Examples of a command financial system encompass the likes of China, North Korea, Cuba, Russia, and Vietnam.
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Answer:
Consistent, Competitive & Profitable.
Explanation:
correct on edge
The three traditional Gs of growth are Growth, Gratitude, and Giving
What is tradition?The standard of a piece of information being discussed is indicated by tradition. For instance, "Homer is said to have been born on the island of Chios, although many other places have historically claimed him as their own." It may never be possible to confirm or deny this custom.
Growth: In other words, if you develop your workforce, your business will do the same. Don't you make an effort to hire employees that are smarter than you Give them an opportunity to succeed while guiding them while they do so.tradition
Gratitude can take many different forms. Your customers conducting business with you, internal promotions, and improving someone. Investing in a better world and receiving assistance in whatever form are both aspects of gratitude.
Giving: is a straightforward conclusion; you give it your all without holding back. Giving is recognizing the need and taking action to provide assistance in any form that is practical. Giving ultimately causes the business world to whirl. If you do it, other people will too. That's how easy it is.
Therefore, Traditional Gs of growth are Growth, Gratitude, and Giving
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The short-run aggregate supply curve is more useful than the curves for other time horizons because real-world economies ______.
The short-run aggregate supply curve is more useful than the curves for other time horizons because real-world economies must change price levels before they change output levels.
Option D. must change price levels before they change output levels.
This is because capital, including assets such as buildings and machinery, takes time to turn over. Wages are assumed to be constant in the short run, so an increase in labor leads only to an increase in quantity, not an increase in price. Therefore, the SRAS curve is almost horizontal at this stage.
The short-run aggregate supply curve (SRAS) gives us an idea of how all firms in the economy react to price stability. When prices stagnate, the SRAS curve slopes. The SRAS curve shows that the higher the price level, the higher the output.
The short-run aggregate supply curve is more useful than the curves for other time horizons because real-world economies ______.
Multiple choice question.
typically change price levels and output levels simultaneously
seldom change output levels or price levels
must change output levels before they change price levels
must change price levels before they change output levels
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What are the 6 parts of a completed mortgage application?
The six items are the consumer's name, income and social security number (to obtain a credit report), the property's address, an estimate of property's value and the loan amount sought
What is loan?A loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, or other entities in finance. The recipient incurs a debt and is typically required to pay interest on that debt until it is repaid, in addition to repaying the principal amount borrowed.
A loan is a type of debt that an individual or other entity incurs. The lender, who is typically a corporation, financial institution, or government, advances money to the borrower. In exchange, the borrower agrees to a set of terms, which may include finance charges, interest, a repayment date, and other conditions.
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even though homeowners are eligible for reimbursement on a full replacement-cost basis if they keep their homes insured for at least 80% of the amount that it would cost to build them today, can cause the actual amount of coverage to fall below 80%. group of answer choices inflation the insurance premium the land value the replacement cost deductibles
Even though homeowners are eligible for reimbursement on a full replacement-cost basis if they keep their homes insured for at least 80% of the amount that it would cost to build them today, inflation can cause the actual amount of coverage to fall below 80%. Therefore, the correct option is option 1.
Inflation is the term that is used to describe the rise in the price of goods and services in an economy over time. The amount of insurance coverage on a house can be reduced below 80% of the current cost of rebuilding it as a result of inflation. Insurance companies use inflation protection to calculate insurance premiums, which helps to ensure that property owners are compensated fairly in the event of a claim.
Inflation can cause the actual amount of coverage to fall below 80%. Therefore, it is essential to keep your homes insured for at least 80% of the amount it would cost to build them today, even if it means adjusting your insurance policy over time. Hence, the correct answer is option 1.
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PROFIT/LOSS = TOTAL REVENUE - TOTAL COSTS
lan set up a taxi firm one month ago. He has calculated that his total monthly revenue was £2400.
He has added his costs together for the first month and they came to £2800. However, he spent
£1000 on a car for the business that he will not need to spend again.
1) What was his profit/loss for the month?
For the month it was €
1
2) Next month, what will his profit/loss be?
3) List 2 things that could happen that would increase his costs?
Answer:
What's the question? :) I'm an econ major btw.
Explanation: