When a tax is imposed on buyers, consumer surplus and producer surplus increases. true false

Answers

Answer 1

Terms in this group (20) Consumer surplus declines but producer surplus rises when a tax is placed on consumers.

The term "supply-side economics" refers to the theory that tax cuts would increase the amount of labor that was available and hence boost tax revenue. The supply curve is shifted by a tax paid by sellers, whereas the demand curve is shifted by a tax paid by buyers. Regardless of who pays the tax, the result is the same. 6.producer surplus When a good is taxed, the price consumers pay increases, the price sellers receive decreases, and the amount sold decreases. Similar to taxes on producers, consumer taxes will eventually lower amount sought and producer surplus. Due to the economic tax incidence, or who actually bears the cost in the new equilibrium, the tax, is based on how the market responds to the price change – not on legal incidence.

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Related Questions

3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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How are business plans used in health care? Check all that apply.
-identifying a consumer market
-establishing goals and objectives
-comparing prices of medical equipment
-calculating a company's cash flow
-figuring out the business's purpose

Answers

Answer:

identifying a consumer market

comparing prices of medical equipment

calculating a company's cash flow

Answer:

Establishing goals and objectives

Figuring out the business’s purpose

Explanation:

I got it correct ;)

Steven is a senior in high school. His father, Jeff, is a successful businessman. The two are very close and talk openly about things, including money and investments. Jeff decides to change his investments, and he puts one-fourth of his money in a steadily growing company, one-fourth in a rapidly growing company, one-fourth in a single company that has paid good dividends, and one-fourth in a company based overseas. When he tells Steven, he is shocked that Steven is worried. Is Steven right to be worried? Why or why not?

Answers

Answer:

No, Stephen should not be worried.

Explanation:

What Jeff has done is known as diversification.

Diversification is an investment strategy of spreading one's capital in different categories of assets.  Practicing diversification means investing in many classes of assets as opposed to focusing on one particular asset.

By diversifying, Steven's father is safeguarding against heavy losses should the market behave against expectation. If one has focused on only one class of assets, if the market moves against forecast, he will suffer heavy losses. If he has diversified, some classes of assets will make profits and other losses. Diversification is, therefore, a risk mitigation tool that guards against total capital loss. Steven should be happy instead of getting worried.

Place the challenge that needs to be solved in the appropriate omnichannel bucket.
Drag or select items to place them in their proper containers and select submit
Infrastructure Process People
- Customers having to walt while to find an employee to answer questions or help find products
- Staff not able to answer all customer questions on supplements
- Needing to market the promotions of supplements
- Needing appropriate supply chain and logistics capabilities to deliver across multiple channels
- Having many supplements that are not selling fast enough
- Needing to hire people to fulfill online order for store pick-ups
- Using technology/reports to know which products are most popular for their customers.
- Making checking out quicker
- Having large enough inventory of popular supplements

Answers

Identifying and selection:

1. Infrastructure: A. Having large enough inventory. B. Using technology C. Needing appropriate supply chain.

According to three important features of country and state are: infrastructure, process, and people. There are the given statement are the division into the three categories of the infrastructure, process, and people.

1. Infrastructure:

Having large enough inventory of popular supplements. Using technology/reports knowing which products are most popular for their customers.Needing appropriate supply chain and logistics capabilities to deliver across multiple channels.

2. Process:

Having many supplements that are not selling fast enough.Needing to market the promotions of supplementsMaking checking out quicker.

3. People:

Customers having to Walt while to find an employee to answer questions or help find products.Staff not able to answer all customer questions on supplements.Needing to hire people to fulfil online order for store pick-ups.

As a result, the significance of the selection and identification of statement are the aforementioned.

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Sachi borrowed $7,000 to purchase a used car. The total amount she will need to pay includes the $7,000 she borrowed, $2,400 interest, and $250 loan fees. What is the finance charge on Sachi's loan? O $250. $9,650 $2,650 $2,400.

Answers

The finance charge on Sachi's loan is $2,400. This is because the finance charge includes both the interest and the loan fees, which add up to $2,650. Subtracting the loan fees from this total gives us $2,650 - $250 = $2,400. Therefore, the finance charge on Sachi's loan is $2,400.

The Home Depot Rewards MasterCard and The Home Depot Business Rewards MasterCard allows consumers and business owners earn rewards for everyday purchases. The Home Depot is engaged in:

Answers

Answer:

Answer is B

Explanation:

In simple words, relationship marketing refers to the marketing strategy under which an organisation interacts with their customers through open communication and tries to build customer loyalty by proving them information and services that are best suited to their needs.

Organisations using such strategies focus on building positive relationship with the customers to retain them for a long time period and build a strong customer base for continuing high revenues and high market share.

In the given case also the company is rewarding their active customers by special services, thus, they are doing relationship marketing.

what does having 80/20 coverage mean quizlet

Answers

Having 80/20 coverage is a type of insurance plan where the insurance company pays 80% of the cost of covered services while the policyholder pays the remaining 20%.

This means that the policyholder is responsible for a smaller portion of the cost compared to the insurance company.

For example, if a medical procedure costs $1000 and is covered under an 80/20 plan, the insurance company would pay $800 while the policyholder would be responsible for paying the remaining $200. It's important to note that there may be limitations to what services are covered under this type of plan, so it's always important to read the policy details carefully.

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Do you believe that his message on that aspect of life is sound, biblically speaking? Explain. Your answer should reflect careful thinking.

Answers

Answer:

Shakespeare's message on that aspect of life is sound biblically speaking.

Explanation:

Because the way he mad Hamlet become over the story gives you a perspective on how events and change can form a person, and make them become something that they never were before.

What are the interest cost and the total amount due on a six-month loan of $1,200 at 14.2 percent simple annual interest? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Interest cost Total amount due

Answers

The interest cost on the six-month loan of $1,200 at 14.2 percent simple annual interest is $85.20, and the total amount due is $1,285.20.

To find the interest cost and total amount due on a six-month loan of $1,200 at 14.2 percent simple annual interest, we can use the following formula:

Interest = Principal x Rate x Time

where Principal is the amount borrowed, Rate is the annual interest rate as a decimal, and Time is the time period in years.

For a six-month loan, Time is 6/12 = 0.5 years.

So, using the formula:

Interest = $1,200 x 0.142 x 0.5 = $85.20

Therefore, the interest cost on the loan is $85.20.

To find the total amount due, we add the interest to the principal:

Total amount due = Principal + Interest

= $1,200 + $85.20

= $1,285.20

Therefore, the total amount due on the loan is $1,285.20.

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when business owners look at leading economic indicators, they generally are doing this to help predict what will happen over the following___

three to nine weeks

there to six years

six to nine months

three to six months

Answers

Three to nine weeks
it would be three to nine weeks

Jarvis Company produces a product that has a selling price of $25 and a variable cost of $17 per unit. The company's fixed costs are $63,000. What is the break-even point measured in sales dollars

Answers

Answer:

The break-even point measured in sales dollars is $8

If Rosetta sells her house and pays off the mortgage, how much should she receive (assuming there are no other costs associated with selling the house)?

Answers

She should receive the amount of money that she sol the house for.For example if she sold the house for $200,000 she would receive that much money.

Answer:

(B) 50,000

Explanation:

a. When, if ever, would a monopoly in a particular industry be preferred to competition within that industry? When it would be less costly for one firm rather than many firms to provide a good, as in a natural monopoly. It is never ideal to let a monopoly exist. When too many firms are in an industry, and the market is too chaotic to receive clear price signals. When only a few firms exist in an industry, so that the government must intervene to promote competition. Incorrect b. Which of the following are examples of a natural monopoly? Select all that apply. Swift Trucking A local utility company Whole Foods A local church or religious organization Incorrect

Answers

When, if ever, would a monopoly in a particular industry be preferred to competition within that industry then A is the right option. In the first question and in the second the following are examples of a natural monopoly, A and D is the right option.

When, if ever, would a monopoly in a particular industry be preferred to competition within that industry?

A. when providing a good would be more affordable for one company to do so than for many, as in a natural monopoly.

In an industry with a natural monopoly, it is more cost-effective for one company to offer the item or benefit than it is for a few. Typically as often as possible a result of the industry's high settled costs and scale economies.

For instance, building and keeping up a control grid by one firm is more effective than doing it by numerous companies, each of which would make and keep up their possess control networks.

Which of the following are examples of a natural monopoly?

B. A local utility company.

Local utility suppliers in some cases work as natural monopolies. Typically due to the truth that it is impossible for a few businesses to build and keep up an arrangement of water or power pipelines.

Hence, Monopolies are generally undesirable since they might result in higher pricing and worse products and services. A monopoly may, nevertheless, be the most effective way to create an item or service in specific circumstances.

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The given question is not proper below is the proper question

a. When, if ever, would a monopoly in a particular industry be preferred to competition within that industry?

You need $76,000 in 11 years. If you can earn .43 percent per month, how much will you have to deposit today?

Answers

Answer:

$ 43,135.67

Explanation:

The amount required today is the present value of the future expected amount in 11 years computed using the present value formula below:

PV=FV/(1+r)^n*m

PV=the unknown present value

FV=$76,000

r=monthly interest rate=0.43%

n=number of years=11

m=number of months in 1 year=12

PV=$76,000/(1+0.43%)^(11*12)

PV=$76,000/(1+0.43%)^132

PV=$76,000/1.761883042

PV=$ 43,135.67  

The emphasis of the Second New Deal was on a.economic recovery, creating government programs to address the immediate needs of the unemployed. b.protecting the rights of businesses, especially small businesses. c.economic security, in an effort to protect Americans against poverty and unemployment. d.civil rights for African-Americans.

Answers

The correct answer is A) economic recovery, creating government programs to address the immediate needs of the unemployed.

The emphasis of the Second New Deal was on economic recovery, creating government programs to address the immediate needs of the unemployed.

The Second New Deal included new programs to extend federal aid and stimulate the nation's economy, such as the Rural Electrification Administration.

In the decade of 1930s, rural America had no electricity and clear water. The Rural Electrification Administration hired Lester Beall, a graphic designer that created a series of posters describing the benefits of electrification for the communities.

Another example is President Roosevelt’s works progress administration of 1935 that considered many infrastructure programs for the benefit of the U.S. citizens. He also considered the Federal Project Number One. This was a program aimed to help writers, musicians, and artists. Roosevelt aimed to get jobs for these people in order to entertain the American citizens during those difficult times.

Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can grow either 5 bushels of corn or 50 bushels of oats per year. There are 20 workers in Cornland and 20 workers in Oatland. If the two countries do not trade, Cornland will produce and consume 400 bushels of corn and 100 bushels of oats, while Oatland will produce and consume 60 bushels of corn and 400 bushels of oats. If each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by

Answers

Answer:

see. I hope it's helpful for you lol

Explanation:

i need friend lol can you my friend
Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year,
Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year,

Your client owns a variable annuity contract with an annual interest rate (AIR) of 4%. In March, the actual net return to the separate account was 8%. If this client is in the payout phase, how would her April payment compare to her March payment

Answers

The client's annuity contract payment for April will be higher than her March payment (A).

Annuity contract refers to an insurance agreemnent between the insurance company and a customer. Annuity contract is included the role of 4 parties:

An insurance companyThe owner of the annuityThe annuitantThe beneficiary

If the owner of annuity is dead, the beneficiary has the rights to inherit the annuity contract. The owner of the annuity and the annuitant coule be referred to the same person.

The amount of monthly payment depends on the actual earning compared to the annual interest rate (AIR). If the current actual rate of return equals to the annual interest rate, the check for next month will remain. The following monthly payment will increase if the current month actual rate of return is higher than the AIR. If the actual rate of return is lower than the AIR, the next monthly payment will decrease.

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Complete Question:

Your client owns a variable annuity contract with an annual interest rate (AIR) of 4%. In March, the actual net return to the separate account was 8%. If this client is in the payout phase, how would her April payment compare to her March payment?

a. It will be higher

b. It will be lower

c. It cannot be determined until April return is calculated

d. It will stay the same

Parents, friends, and family members are resources who can

a answer questions by text while you are shadowing
b help find connections for job shadowing experiences
c provide scholarships to pay for college tuition
d decide what certifications are needed for specific jobs

Answers

Answer:

B, Help find connections for job shadowing experiences.

Explanation:

As it states directly in the text, "if they know anyone working in the career field you want to shadow." Therefore, you can infer that the answer is B.

Answer: The answer is B. Help find connection for job shadowing experiences.

Explanation:

The family and friends cannot decide what the boss wants for the job, texting during a JS experience is immature, and although they can't provide scholarships. That is just called paying for college. I hope I helped!

B) Answer the following questions.
1. Do you agree that business transaction is an economic transaction? Justify your answer
with TWO reasons.​

Answers

Answer:

Yes, agree, business transactions are economic transactions. Two reasons why:

Profit motive: economic transactions have a profit motive: they are carried out and agreed upon between the two parties, because the parties feel that they will be better off after the transaction is completed. Business transactions are based on the profit motive.Things of value: goods and/or services, are exchanged between the parties. In business transactions, either a good (for example, an asset), or a service (for example, employees), is always exchanged.

YASHARI earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in Direct Subsidized loans and another $19,000 in Direct Unsubsidized loans. She is trying to save up an emergency fund of at least 6 months’ take-home pay, so she’s torn about how much she should devote to her student loans and how much to the emergency fund every month.
- Which plan has the highest total amount paid? How long is the repayment period for this plan?

Answers

a) The plan with the highest total amount paid is the Direct Unsubsidized Loan of $19,000 because, in addition to the interest, the principal amount is higher than the Direct Subsidized Loan.

b) The repayment period for the Direct Unsubsidized Loan is 10 years after graduation if the Standard Repayment Plan is chosen.

What are unsubsidized and subsidized loans?

Subsidized Loans are student loans subsidized by the Federal Government, especially with respect to the interest payment.

Subsidized Loans do not accrue interest during school at least half-time or during deferment periods. They are available for undergraduate and graduate students in financial need.

Unsubsidized Loans are federal student loans for both undergraduate and graduate students that are not based on financial need.  They accumulate interest during school if the student does not elect to make monthly interest payments.

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Analyze the pros and cons of raising the minimum wage. What position do you support for our economy and explain your reasoning?

Answers

Analyzing the pros and cons of raising the minimum wage is important. However, taking a specific position on this matter requires a comprehensive analysis of various factors.

Raising the minimum wage has several potential pros and cons. Pros include reducing income inequality, improving workers' standard of living, and stimulating consumer spending. However, it may lead to job losses, increased costs for businesses, and potential inflationary effects. When considering the position of our economy, it's crucial to strike a balance between supporting workers' well-being and considering the potential impact on businesses, job creation, and overall economic stability.

Policy decisions should be based on thorough research, considering the unique circumstances of the economy and the potential trade-offs involved.

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When a salesperson says or does something that creates agency such as giving advice to a customer, giving an opinion to a customer, or negotiating on the customer's behalf the licensee has:

Answers

Answer:

implied agency

Explanation:

The implied agency refer to an agency that is established from the principal and agent conduct. It develops the agency relationship. It is a real agency and a fact to be proved

Therefore as per the given situation since it is mentioned that at the time when the salesperson said or do something that establish the agency so this represent the implied agency

Therefore the same is to be considered

What the person above me said

Explanation:

i just took the asignment.

I need help ASAP!!!!



Answers

Answer:Feet

Explanation:

with what?

According to a recent study, what impact did restaurants using the grubhub platform see on their revenue growth compared to those that did not?

Answers

According to a recent study "Revenue growth was six times greater than that of restaurants not using GrubHub" is the impact that the restaurants using the GrubHub platform, saw on their revenue growth compared to those that did not. Option A

This is further explained below.

What is revenue growth?

Generally, To put it in the simplest words possible, revenue growth is the increase in the amount of money your business generates over a certain period of time in comparison to the amount of money it made over the same period of time in the previous year.

The amount of money you earned this month in comparison to the amount you made the previous month is one example.

In conclusion, According to a recent study, the impact that restaurants that used the GrubHub platform had on the growth of their revenue was six times greater than that of restaurants that did not use GrubHub. This is the impact that restaurants saw on their revenue growth when compared to those that did not use GrubHub. Alternative A

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complete question

According to a recent study, what impact did restaurants using the GrubHub platform see on their revenue growth compared to those that did not?

A. Revenue growth was six times greater than that of restaurants not using GrubHub.

B. Revenue growth was equal to that of restaurants not using GrubHub.

C. Revenue growth was three times greater than that of restaurants not using GrubHub.

D. Revenue growth was not impacted for restaurants using GrubHub.

E. Revenue growth declined for those restaurants using GrubHub compared to those that did not use it.

Prompt
What is the wholesaling industry?

Answers

The wholesaling industry involves the buying, storing, and reselling of goods from manufacturers to retailers. Wholesalers buy goods in bulk from manufacturers at a discounted rate and then resell them to retailers at a higher price. The wholesaling industry is a major part of the supply chain, providing retailers with the goods they need to sell to consumers. Wholesalers typically focus on specific product categories, such as office supplies or home goods, and can be either independent businesses or part of a larger organization. The wholesaling industry is an important link between manufacturers and retailers, and helps to ensure that goods are available to consumers when they need them.

The stock plan industry in North America is a $70 million per
year industry that started by giving away plans for free.
Group of answer choices
True
False

Answers

False.The statement is false. The stock plan industry in North America is significantly larger than $70 million per year.

It is a multi-billion-dollar industry that encompasses various services related to stock plans, including administration, consulting, software, and financial management.

Stock plans are commonly used by companies to offer equity-based compensation to their employees, such as stock s, restricted stock units, and employee stock purchase plans. These plans provide employees with an opportunity to share in the company's success and align their interests with shareholders.

While it is possible that some companies or organizations may have initially offered free stock plan services or resources as a promotional or introductory strategy, the overall stock plan industry is not based on giving away plans for free. It is a robust and profitable industry that involves professional services, software platforms, and specialized expertise to support companies in implementing and managing their stock plans effectively.

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International business facilitates the mobility of all of the following factors of production EXCEPT:

a) Technology
b) Capital
c) Laborers
d) Land
e) Managers

Answers

International business facilitates the mobility of all of the following factors of production EXCEPT land. This is the correct option among the given options.

What is international business?

International business is the trade of goods, services, technology, capital, or knowledge across national borders and at a global or transnational level. This can also be referred to as cross-border business, overseas business, or global business. It is characterized by the transaction between different countries, people, and different business institutions.

The factors of production are the resources required for the production of goods and services. International business is involved in the movement of all factors of production that include capital, laborers, technology and managers but it excludes land.

Technology - International business involves the transfer of technology, ideas, patents, copyrights, and licenses from one country to another. By leveraging technology transfer, businesses can gain a competitive edge and reduce research and development costs.

Capital - Capital, which is defined as investment funds, is crucial for international business as it enables firms to finance operations in foreign countries, invest in technology, research and development, and purchase raw materials.

Laborers - International business requires human resources, such as laborers and managers, to operate. Businesses must address cultural and linguistic differences, work permits and visa requirements, and adhere to local labor laws.

Managers - International businesses require skilled managers to oversee operations, plan strategies, and manage teams. They must navigate cultural and legal differences and comply with local regulations to succeed in foreign markets.

Land - International business does not facilitate the mobility of land. However, businesses must deal with laws and regulations regarding land ownership in foreign countries. They also need to purchase or lease land to establish their operations in foreign countries.

International business helps to utilize all these factors of production efficiently and effectively for producing goods and services for different countries.

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the general agency relationship created by the written agreement between a broker and a sales agent establishes that

Answers

The seller is the fiduciary, hence it is this person's responsibility to negotiate the best conditions and price possible for the seller. Typically, a formal listing contract establishes the agency relationship.

What fiduciary obligation is the most significant?

Fiduciaries must behave in the best interests for their beneficiaries, impartially weigh the competing interests of various beneficiaries, prevent conflicts of interest, and refrain from acting in their own or a third party's best interests.

Who is accountable in a fiduciary capacity?

Fiduciary responsibility is the legal duty that one party has to another to act only in the other party's best interest and on their behalf. It is regarded as the gold standard for care. The term "fiduciary" refers to the person who has the duty of acting in that capacity.

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Select two answers
Marcus is applying for a job as a guidance counselor at a high school. Which two details should he include in his résumé?

A. his ethnicity
B. his counselor certification
C. his country of origin
D. his years of teaching experience
E. his age

Answers

B.) his counselor certification

D.) His years of teaching experience
B and d! Have a good day and good luck

This industry type combines multiple component parts into a finished product, which is then stocked in inventory to satisfy customer demand.?

Answers

The different final goods are merged in the assembly industry to create a new finished product. It indicates that the creation of a new product involves the assembly of various component elements.

What distinguishes the two terms processing and assembling?

To produce a new entity known as an assembly, subassembly, or another word that describes the joining process, two or more components are joined during an assembly procedure. A processing operation moves a work material from one stage of completion to another that is further along and is more similar to the target part or output.

Give an example of the assembling industry?

Industry of assembling In this sector, assembling the numerous elements or components results in the finished product. For instance, radio, automobile, television, trucks, generators, motors, etc.

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What is 4 divided by 520 two asteroids head straight for earth from the same direction. their speeds relative to earth are 0.82c for asteroid 1 and 0.62c for asteroid 2 IFRS 16 requires that the lessee should capitalize the asset-in-use. 1 What is the exception to this rule (in which case(s) a lessee dose not capitalize the lease)? Provide brief answer. Briefly explain, how the lessee will account for the lease payments. 2 Estimate the area under the graph of f(x) = 1/x+1 over the interval [0,4] using four approximating rectangles and right endpoints.Rn= Repeat the approximation using left endpoints.Ln = answers accurate to 4 places. Explain the difference in boiling point between your unknown and the other solvents. For example, you can discuss hydrogen bonding, polarity, molecular weight, whether the structure is branched or linear, etc. A particle moves in a circle with radius 10 cm and with a uniform speed 1. 3 m/s. What is the centripetal acceleration of this particle?. Calculate the number of MOLES of oxygenthat will dissolve in a 50 L fish tank of waterat 25C if the partial pressure of oxygen is0.21 atm. Henrys constant for oxygen is 4.34x 104atm. Density of water = 1kg/L. a nurse determines that action is justified for a patient with limited mobility after an injury. after a plan for a solution has been identified, what is the next step in the problem-solving process? the ordinary and commonplace events of life are classified as select one: a. sacred. b. profane. c. cult-like. d. ritualistic. Two particles experience an attractive electric force of 5 N. If one of the charges triples andthe distance between them doubles, what is the new electric force? what phrase from this portion of brutus speech best demonstrates the characters use of pathos an industry consists of 8 firms with annual sales (in $ millions) of 100, 275, 900, 600, 450, 700, 500, and 600. what is this industry's four-firm concentration ratio? Who wrote the science fiction classic Rendezvous with Rama?A) Arthur C. Clarke B) Ray Bradbury C) H.G. Wells O Slope: -1/2, x-intercept: 2, y-intercept: 1Slope: -1/2, x-intercept: 1, y-intercept: 2Slope: -2, x-intercept: 2, y-intercept: 1O Slope: -2, x-intercept: 1, y-intercept: 2 Mark ave the ame amount of money each month at the end of two year he ha aved 432 how much did he ave each month How do you deal with depression without hurting yourself or hurting someone? I've been having depression here lately and I wanna know how to get ride of it. If a cell that has 8 chromosomes goes through mitosis, how many chromosomes will each new cell have?. write the diseases caused by microorganisms A restaurant owner wanted to know if he was providing good customer service. He asked is customers when they left to mark a box good service or bad service. He randomly selected 10 responses. The results were as follows. Good, good, bad, good, bad, good, bad, good, good, bad Estimate what proportion of the customers were "good" with their customer service. determine the minimum sample size required when you want to be be90%confident that the sample mean is within one unit of the population mean and=12.2.Assume the population is normally distributed.