assume that you sell gold-plated necklaces at the mall. your daily demand is uniform between 0 and 9. of your desired service level is 90%, how many necklaces should you have in your safety stock?
Answers
The number of necklaces that should you have in your safety stock is significantly calculated by multiplying the desired service level by the daily demand.
What is Safety stock?Safety stock may be defined as an extra quantity of a product that is stored in the warehouse to prevent an out-of-stock situation. It significantly serves as insurance against fluctuations in demand.
According to the context of this question,
The desired service level is = 90%.
While the daily demand = 0 and 9.
The average = 4.5.
∴ The formula for safety stock is as follows:
Desired service level × Average daily demand.= 90 × 4.5 = 405.
Therefore, there are 405 necklaces should you have in your safety stock.
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Help Please the questions are in the pics also 10 bucks to whoever does it correctly
Answers
Answer:
Leather Sofa: Suggested Retail Price: $799.99
My reasoning for pricing this item is that it’s a high-quality piece of furniture that will last for many years. It’s a luxury item, so it should be priced accordingly.
Dining Table: Suggested Retail Price: $399.99
My reasoning for pricing this item is that it’s a high-quality piece of furniture that will last for many years. It’s a luxury item, so it should be priced accordingly.
Queen Size Bed: Suggested Retail Price: $499.99
My reasoning for pricing this item is that it’s a high-quality piece of furniture that will last for many years. It’s a luxury item, so it should be priced accordingly.
Armoire: Suggested Retail Price: $249.99
My reasoning for pricing this item is that it’s a high-quality piece of furniture that will last for many years. It’s a luxury item, so it should be priced accordingly.
Nightstand: Suggested Retail Price: $149.99
My reasoning for pricing this item is that it’s a high-quality piece of furniture that will last for many years. It’s a luxury item, so it should be priced accordingly.
a) Describe the distribution channel on which each of your goods will travel.
Leather Sofa: The leather sofa will travel through a wholesaler to a retailer, and then to the customer’s home.
Dining Table: The dining table will travel through a wholesaler to a retailer, and then to the customer’s home.
Queen Size Bed: The queen size bed will travel through a wholesaler to a retailer, and then to the customer’s home.
Armoire: The armoire will travel through a wholesaler to a retailer, and then to the customer’s home.
Nightstand: The nightstand will travel through a wholesaler to a retailer, and then to the customer’s home.
b) Your company processes online orders from all over the country. Which two modes of transportation would you use to deliver your goods to make sure your customers get the items in a timely manner without spending too much money, and why?
I would use ground transportation such as a trucking company to deliver the goods, as this is the most cost-effective and reliable way to get the items to the customer in a timely manner. I would also use air transportation for items that need to be delivered quickly, as air freight is faster and more reliable than ground transportation.
Explanation:
Could i get brainlest instead of 10 bucks?
Answer ASAP
An entrepreneur wants to start a bakery. He wants to make a sales forecast for his first six months in business, so he obtains the sales records for all the successful bakeries in his state and uses the monthly average for his forecast. What mistake is he making in this process? A. It is impossible to make an accurate sales forecast for a new business, and attempting to do so will only set him up for failure and disappointment. B. He should not use data from bakeries in his own state, as it is unlikely that they will report accurate estimates to their potential competitor C. He should be looking at sales records for all the successful bakeries in the country, not just in his state. D. It is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.
Answers
The Mistake is he making in this process it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months. The correct option is D.
What is the importance of sales forecasting?A precise sales forecast enables businesses to efficiently allocate resources for future growth while also managing cash flow. Forecasting sales help create benchmarks for future trends and allow executives to make early course corrections. Revenue executives can optimize for more wins by aligning sales quotas with revenue goals.
Make a list of the products and services you offer. Estimate how much of each you anticipate selling. Define the unit price or monetary worth of each sold good or service. Divide the number of units sold by the price. Determine the cost of producing and selling each commodity or service.
Thus, the ideal selection is option D.
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Answer:
option d
Explanation:
it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months
On April 1, Tamarisk, Inc. began operations. The following transactions were completed during the month. 1. Issued common stock for $27,400 cash, 2. Obtained a bank loan for $8.000 by issuing a note payable. 3. Paid $12.500 cash to buy equipment. 4. Paid $1,400 cash for April office rent. 5. Paid $1,650 for supplies. 6. Purchased $680 of advertising in the Daily Herald, on account. 7. Performed services for $20,500: cash of $2.280 was received from customers, and the balance of $18.220 was billed to customers on account. 8. Paid $460 cash dividend to stockholders. 9. Paid the utility bill for the month, $2.280. 10. Paid Daily Herald the amount due in transaction 11. Paid $50 of interest on the bank loan obtained in transaction 12. Paid employees' salaries, $7,300. 13. Received $13,680 cash from customers billed in transaction (7) 14. Paid income tax, $1,710. Journalize the transactions. (If no entry is required, select "No Entry for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually)
Answers
The journalized transactions for Tamarisk, Inc. during the month of April are as follows:
1. Cash (Asset) increases $27,400; Common Stock (Equity) increases $27,400.
2. Cash (Asset) increases $8,000; Notes Payable (Liability) increases $8,000.
3. Equipment (Asset) increases $12,500; Cash (Asset) decreases $12,500.
4. Rent Expense (Expense) increases $1,400; Cash (Asset) decreases $1,400.
5. Supplies (Asset) increase $1,650; Cash (Asset) decreases $1,650.
6. Advertising Expense (Expense) increases $680; Accounts Payable (Liability) increases $680.
7. Accounts Receivable (Asset) increases $18,220; Service Revenue (Revenue) increases $20,500.
8. Dividends (Equity) increase $460; Cash (Asset) decreases $460.
9. Utilities Expense (Expense) increases $2,280; Cash (Asset) decreases $2,280.
10. No entry required (Already paid in transaction 6).
11. Interest Expense (Expense) increases $50; Cash (Asset) decreases $50.
12. Salaries Expense (Expense) increases $7,300; Cash (Asset) decreases $7,300.
13. Cash (Asset) increases $13,680; Accounts Receivable (Asset) decreases $13,680.
14. Income Tax Expense (Expense) increases $1,710; Cash (Asset) decreases $1,710.
Each transaction is recorded in the general journal using a double-entry system. The account titles and amounts are debited (increased) and credited (decreased) accordingly.
The summary provides a brief overview of the journal entries for each transaction. The full journal entries should include the specific account titles, debit and credit amounts, and proper indentation for credit account titles.
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Identify the three key roles of the scrum process.
multiple select question.
a. Product owner b. Development team c. Product champion
d. Technical lead e. Scrum master
Answers
The three key roles of the scrum process includes a. Product owner, b. Development team, e. Scrum master.
What do Scrum processes entail?Scrum is an agile software development methodology that relies on incremental and iterative processes. Scrum is an agile framework that is quick, flexible, adaptable, and effective and is made to provide value to the client throughout the course of the project.
Scrum is a particular kind of agile framework. It is a framework within which people can address complex adaptive problems while maintaining the highest levels of productivity and creativity in the product they deliver. Iterative process is used in Scrum.
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The simplest definition of productivity is outputs divided by inputs.
Answers
Productivity can be described as the outputs divided by inputs.
What is Productivity?Productivity can be regarded as the efficiency of production.
Therefore, productivity as alot to do with
goods or services because it helps to measure it with respect to the specific duration of time.
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Virtue ethics places great focus on which of the following
Answers
Answer:
character i think.
Explanation:
customer intimacy refers to companies that . pride themselves on quality and innovation are willing to tailor their products to particular customer needs target and position themselves high in the market are good at production and delivery, and price and convenience
Answers
Customer intimacy refers to companies that are willing to tailor their products to particular customer needs.
Customer intimacy:
In economy, the products or services which are constantly adapted to specific customer situations and niches.
Given,
Here we need to find the definition of customer intimacy in companies.
As per the definition of customer intimacy, the correct option is B.
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the threat of antidumping action affects a firm by?
Answers
The threat of antidumping action limits a company's ability to use aggressive pricing to gain market share in a country. Firms in a country can also strategically use antidumping measures to limit aggressive competition from low-cost foreign producers.
What exactly does anti-dumping mean?
Anti-dumping measures. A company is said to be "dumping" a product if it exports it at a lower price than it normally charges in its home market.
Is this a form of unfair competition?
Although opinions differ, many governments take action against dumping to protect their domestic industries. Antidumping and countervailing duties are intended to compensate domestic industries harmed by unfairly traded imports by offsetting the value of dumping and/or subsidization.
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Handshakes should be:
O firm
o loose
O repeated
o accompanied by eye contact
Answers
Answer:
firm
Explanation:
The best values management programs also provide either a(n) _______ or a(n) ________ to report any violations.
Answers
The best values management programs also provide either a direct contact person or an anonymous hotline to report any violations. It is better to have those two options because reporting something requires that we remain anonymous. We would probably also create a new conflict on top of it.
A violation report is used to describe every allegation of a violation or alleged violation of this Manual, as well as the investigation and subsequent actions. An instance of a violation might be being bullied at work or school. Another illustration is breaking the law by driving your car faster than the posted limit.
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it typically takes about two years to get a degree in vocational school.
Answers
This statement is not completely accurate. The length of time it takes to get a degree from a vocational school can vary depending on the program and the level of degree being pursued.
Vocational schools typically offer programs that focus on specific skills or trades, such as automotive technology, medical assisting, or cosmetology. These programs can range in length from a few months to several years, depending on the program's intensity and the number of credit hours required for completion.
For example, certificate programs at vocational schools may only take a few months to complete, while associate degree programs can take anywhere from 1-2 years. Some vocational schools also offer bachelor's degree programs in certain fields, which can take up to four years to complete.
Overall, the length of time it takes to earn a degree from a vocational school will depend on the program's requirements, the student's course load, and other factors such as internships or externships. So, it is not accurate to say that it typically takes about two years to get a degree in vocational school without specifying the type of program or degree being pursued.
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Accounts receivable f. The right to receive cash in the future from customers for goods sold or for services performed. 2. Other receivables e. A miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. 3 Debtor b. The party who receives a receivable and will collect cash in the future. 4. Notes receivable c. A written promise to pay a specified amount of money at a particular future date. 5. Maturity date d. The date when the note receivable is due. 6. Creditor
Answers
Answer:
1. Account receivable.
2. Other receivables.
4. Notes receivable.
5. Maturity date.
Explanation:
1. Account receivable: the right to receive cash in the future from customers for goods sold or for services performed. Accounts receivable can be defined as an account which gives information about legally enforceable monetary claims that are to be recovered by a company from a customer who is yet to make payment.
2. Other receivables: a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future.
3. Debtor: the party who receives a receivable and will collect cash in the future.
4. Notes receivable: a written promise to pay a specified amount of money at a particular future date.
5. Maturity date: it is the date when the note receivable is due.
What is the structure of Public corporation
Answers
Public corporate structures are managed by a board of directors. The members of the board are from all walks of industry and commerce. The chairmen of these corporations are appointed by the government. The entire capital is financed by the government.
How many thread guides are usually on a sewing machine
Answers
Answer:
Generally, two thread guides are used.
Explanation:
Thread guides are necessary for the proper functioning of the sewing machine and for the thread to be used correctly throughout the sewing. Generally, two thread guides are used, one to show where on the machine to place the thread and the other to prevent the thread from getting tangled inside the machine.
How do I know when I need to start doing taxes?
Answers
Answer:
when you start working a regular job
Explanation:
Answer:
When you start working
Explanation:
How does the demand curve faced by a purely monopolistic seller differ from that confronting a purely competitive firm? Why is the pure monopolist’s demand curve not perfectly inelastic?
Answers
In summary, the demand curve for a pure monopolist is downward sloping due to their market power and consumer sensitivity to price changes, while a purely competitive firm faces a perfectly elastic demand curve, as they have no control over the market price.
The demand curve faced by a purely monopolistic seller differs significantly from that confronting a purely competitive firm. In a purely competitive market, individual firms are price takers, meaning they have no control over the market price. Their demand curve is perfectly elastic or horizontal, which means that they can sell any quantity of their product at the prevailing market price without affecting it.
On the other hand, a purely monopolistic seller has complete control over the market and is the sole producer of a particular good or service. As a result, the monopolist's demand curve is downward sloping, indicating that they can set the price for their product. The monopolist must lower the price to sell additional units of their product, which means they face a trade-off between the price and the quantity they sell.
The pure monopolist's demand curve is not perfectly inelastic because consumers are sensitive to price changes. Even if the monopolist has complete control over the market, there are still factors such as consumer preferences, substitutes, and income levels that can affect the quantity demanded. A perfectly inelastic demand curve would mean that consumers would continue to buy the product at any price, which is not realistic. The monopolist must consider these factors when setting the price and determining the optimal quantity to produce to maximize profits.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
what ethical responsibilities do individual consumers have when dealing with companies that rely on overseas labor?
Answers
Individual consumers have several ethical responsibilities when dealing with companies that rely on overseas labor. These responsibilities include awareness, supporting ethical companies, advocacy, and educating others.
1. Awareness: Consumers should be aware of the working conditions and labor practices of the companies they support. This involves researching and understanding the implications of purchasing products made by overseas labor.
2. Supporting ethical companies: Consumers have a responsibility to support companies with ethical labor practices, including fair wages, safe working conditions, and respect for workers' rights. This can involve choosing products made by companies that adhere to these standards and boycotting those that do not.
3. Advocacy: Individual consumers can use their voices to advocate for better labor practices in overseas factories. This can include contacting companies directly to express concerns, signing petitions, and participating in awareness campaigns.
4. Educating others: Consumers have a responsibility to educate others about the issues surrounding overseas labor and the importance of making ethical purchasing decisions.
By considering these ethical responsibilities, individual consumers can play a crucial role in promoting fair labor practices and improving the lives of workers in overseas factories.
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What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?
Answers
Answer: The action button lets users play the audio file, the sound button will play an audio clip.
Explanation:
The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.
A video game system is on sale for 25% off its original price. If the original price is $200, how much money will be saved?
Answers
Answer:
$50
Explanation:
25% = 1/4
200 / 4 = 50
50*3=150, which is 25% off.
Which of the following would most likely negatively affect a person's net worth?
A. A $25,000 salary
B. A $500 savings bond
C. A $500,000 mortgage
D. A $5,000 money market account
Answers
Answer: c
Explanation:
$500,000 mortgage would most likely negatively affect a person's net worth. Thus, option (c) a $500,000 mortgage is correct.
What is net worth?
Totally unrelated to income is what is meant by the phrase "net worth." Liabilities are subtracted from assets to arrive at the person's own net worth. The wealthy possess possessions including real estate, investments, jewels, memorabilia, cars, and so on. A period of emergencies is covered by the net worth.
A person's personal net worth is significantly impacted by a $500,000 mortgage. The amount of money saved by the individual who wants to spend it is their net worth. The net worth mostly consists of investments and personal savings. Money accumulates to form the net worth.
The mortgages are highly impact on net worth. The net worth are personal liabilities minus to personal asset.
Therefore, option (c) a $500,000 mortgage is correct.
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TRUE/FALSE. in an economy consisting of two people producing two goods, it is possible for one person to have the absolute advantage and the comparative advantage in both goods.
Answers
In an economy consisting of two people producing two goods, it is not possible for one person to have both the absolute advantage and the comparative advantage in both goods simultaneously.
The concept of absolute advantage refers to a situation where one person can produce a good with fewer resources or in less time compared to another person. Comparative advantage, on the other hand, refers to a situation where one person has a lower opportunity cost of producing a good compared to another person.
Since absolute advantage focuses on the efficiency of production, it is unlikely that one person would be more efficient in producing both goods. Moreover, comparative advantage is based on the concept of opportunity cost, which implies that one person has to give up less of one good to produce more of another. Therefore, it is improbable for one person to have a comparative advantage in both goods.
FALSE. In an economy consisting of two people producing two goods, it is not possible for one person to have both the absolute advantage and the comparative advantage in both goods simultaneously.
The concepts of absolute advantage and comparative advantage are based on the idea of specialization and trade, where individuals or countries focus on producing goods in which they have a comparative advantage (ability to produce at a lower opportunity cost) and trade with others to obtain goods in which they have a higher opportunity cost.
If one person has the absolute advantage in producing both goods, it means that they can produce more of both goods compared to the other person. However, comparative advantage is determined by the relative opportunity cost of producing different goods, which means that one person will have a lower opportunity cost in producing one good compared to the other person. This implies that there will be a division of labor and specialization, with each person focusing on producing the good in which they have a comparative advantage and trading with each other to maximize overall production and consumption.
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Makayla bought a pair of shorts online for $73. She used a coupon code to get a 40% discount. The website also applied a 10% processing fee to the price after the discount. How much was the discount, in dollars and cents?
Answers
Answer:
39.42
Explanation:
73-40%=43.8
43.8-10%=39.42
as someone seeking a project management role, you occasionally meet people in a professional setting to share knowledge and create new business connections. this is an example of what strategy to get a job?
Answers
As someone looking for a project management position, you may meet people in a professional setting on occasion to share information and make new business contacts. This is an illustration of Attend networking events in your area or online.
What is networking means?Networking is the exchange of information or services among individuals, corporations, or organizations. It is also a tool for people to build relationships for their careers or business. As a result, connections or a network may be established, which can be beneficial to individuals in their professional or personal life. Networking assists in the development of meaningful connections that benefit all parties involved in the flow of information and services. Networking meetings, social media, personal networking, and professional networking may all be used to make new key business contacts.
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Chevron's 52,000 employees work for thirteen major operating companies in 180 countries. Each national unit does business according to the needs of its market. Effective management of human resources in such a complex environment is an enormous task, and the key to success is reliable, accurate management information. Thus, Chevron developed an online human resources information system, which is a critical tool in managing its human resources. As expected, one of the broad goals of the human resources information system is to help management a. prepare specific job or position descriptions. b. develop a replacement chart. c. utilize human resources efficiently to meet organizational goals. d. send greetings to employees on their birthdays. e. write a job specification for the computer programmer.
Answers
Answer:
C
Explanation:
Human resources information system is defined as an information system that is used to collect analyze and process data to aid easy administration of the human resources function in an organization . It makes use of database and computer software and hardware for this purpose .
the overall aim is to utilize human resources efficiently to meet organizational goals
An in-store computer used to apply for a job is called:
an online application.
a paper application.
an automated interviewer.
a hiring kiosk.
Answers
Answer:
a hiring kiosk.
suppose you are advising a mayoral candidate in your town. the candidate’s platform includes strong opposition to monopoly suppliers because consumer welfare is compromised by monopoly pricing. which of the following statements would present your candidate with an alternative view about why it may make sense to tolerate the existence of some monopoly firms?
Answers
Considering the situation described above, the alternative view about why it may make sense to tolerate the existence of some monopoly firms is that "Monopolies do reduce consumers surplus by producing less and charging more than the outcomes that would occur in a competitive market, but at times it makes sense to sacrifice some efficiency.
This can be illustrated in a situation whereby certain goods or services may not be available except through the chance of earning monopoly profits. This occurs whereby a patent ensures there are incentives for research and development.
In some other cases, it is more ideal if good is produced by a monopolist rather than by multiple producers due to the large fixed costs in production; thereby, with more profits, the price of products would reduce in the long run.
Hence, in this case, it is concluded that there are situations whereby Monopoly is necessary to provide goods and services for the people in a society.
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Your younger cousin Mary is a rising senior in high school this year and has been researching the cost of attendance at several colleges. She emails you because she knows that you have just learned about paying for college and she has some serious concerns. Here are some excerpts from her email: --Despite her strong academic performance in high school and her interest in pursuing a career in chemical engineering, Mary reveals, “I’m starting to think that college just isn’t worth it. I don’t see how a college degree is going to help me in the future if it costs so much. Aren’t I better off just going straight into a job with my high school degree and saving my money?” --“I’ve been looking at the published costs of attendance on college websites, and they’re insanely high! There’s no way my family and I can afford such prices.” --“I know financial aid is available for students, but I don’t know what types there are, let alone how to apply for financial aid. Even if I knew how to apply, should I apply? I don’t think I’ll qualify and I don’t want to put in all that work for nothing.” --“I know that I have to start paying my loans right after I graduate college. But what if I don’t have a job by that time? And what if I can’t afford my monthly payments? I don’t want to take that risk.” You recognize that Mary has a few misconceptions and gaps in knowledge about how to pay for college and want to make sure that she makes a decision based on the right information. In 4-5 paragraphs, respond to Mary about each of her concerns.
Answers
Please note that the type of letter described above is an informal Letter. This is because there is an existing relationship with the recipient of the letter.
How do you write an Informal Letter?An informal letter should:
have your address on the top right cornerhave the date of the letter underneath your addressstart with a salutation such as "Hello Mary"have an introduction that is may or may not be personal. But preferably personal since you know Mary personally. For example, "It's been a while, Mary, I trust this meets you and yours well."have a body that is clear, and specific. Remember your intention is to narrate your experience. Use short sentences.have a great closing. You may use "Best" or "Warmest regards", or "Best wishes" since this is an informal letter.The last item should be your name and your signature. Your signature should come before your name.
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with its ethnic diversity, new york city is recognized as one of the nation's largest metropolises through commerce, finance, industry, and immigration. as a result, the city's economy was fueled in ways that led to its explosive growth in the late 19th and early 20th centuries.
Answers
As the biggest metropolis in the country, New York City.
What is ethnic diversity?
Continues to outperform the majority of the former rival cities. The city's population increased by 9% in the 1990s and at last surpassed eight million people. Of the sixteen biggest metropolitan in the northeast or midwestern United States, New York is the only one whose population has increased during the past fifty years. Its economy is still strong.
The largest industry in Manhattan has a payroll per employee of over $80,000 annually, and the second-largest industry has a payroll per employee of about $200,000. Even New York experiences times of apparent rebirth and crisis, and the 1970s were undoubtedly a time of true catastrophe for the city. Early in the nineteenth century, New York's prosperity was fueled by the expansion of the city's manufacturing sector, which in turn was dependent on New York's dominance as a port. The late nineteenth-century expansion of New York was at least as much a result of its function as a port of entry for immigrants to the country.
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When Kelsey decreases her price of lipstick from $7 to $5, she finds that her sales increase from 6 to 7. She faces ________ demand for her product, and this price change will ________ her total revenue.
Answers
Answer:
elastic; rise
Explanation: