a. Deduction for AGI b. Not deductible c Not deductible .d. Not deductible e. Not deductible f. Deduction from AGI
a. Amos contributes to his H.R. 10 plan: This is a deduction for Adjusted Gross Income (AGI).
b. Keith pays child support to his former wife, Renee, for the support of their son, Chris: This is not deductible.
c. Judy pays professional dues that are reimbursed by her employer: This is not deductible, as it is reimbursed by her employer.
d. Ted pays $500 as the monthly mortgage payment on his personal residence. Of this amount, $100 represents a payment on principal, and $400 represents an interest payment: The $400 interest payment is a deduction from AGI, while the $100 principal payment is not deductible.
e. Lynn pays a moving company for moving her household goods to Detroit, where she is starting a new job. She is not reimbursed by her employer: This is not deductible, as moving expenses are no longer deductible for tax years 2018-2025, unless you are a member of the Armed Forces on active duty moving due to military orders.
f. Ralph pays property taxes on his personal residence: This is a deduction from AGI, subject to the $10,000 limit on state and local taxes deduction.
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Answer the questions below as it relates to Targeting by Decile Grid: The Market Basket consists of the top 5 companies in the 3D printer business. In Q4 2019, the total number of 3D printers sold within the Market Basket was 10,000. Your company sold 2,000 printers which represent a 20% Market Share of this Market Basket. Assume that the Marketing Department has determined it will focus its efforts on 1,000 target accounts (customers) Using your knowledge of Targeting by Decile (3 Rows of 10 Columns (boxes) each); Title the first row AND complete the 10 columns in this row Title the second row AND complete the 10 columns in this row Title the third row AND complete the 10 columns in this row (the information in these 10 columns is NOT known with specific certainty but make it DIRECTIONALLY CORRECT)
The companies are listed alphabetically as placeholders, and the actual prioritization may vary based on various factors such as market analysis, customer data, and business strategies.
Title: Targeting by Decile Grid
Row 1: High Priority Accounts
Column 1: Company A
Column 2: Company B
Column 3: Company C
Column 4: Company D
Column 5: Company E
Column 6: Company F
Column 7: Company G
Column 8: Company H
Column 9: Company I
Column 10: Company J
Row 2: Medium Priority Accounts
Column 1: Company K
Column 2: Company L
Column 3: Company M
Column 4: Company N
Column 5: Company O
Column 6: Company P
Column 7: Company Q
Column 8: Company R
Column 9: Company S
Column 10: Company T
Row 3: Low Priority Accounts
Column 1: Company U
Column 2: Company V
Column 3: Company W
Column 4: Company X
Column 5: Company Y
Column 6: Company Z
Column 7: Company AA
Column 8: Company BB
Column 9: Company CC
Column 10: Company DD
The specific information in the 10 columns of each row is not known with certainty, but the general direction of prioritization is provided. The companies are listed alphabetically as placeholders, and the actual prioritization may vary based on various factors such as market analysis, customer data, and business strategies.
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all small indusrties are highly labor intensive true /false given reason
Answer:
FALSE.
Explanation:
Not ALL small industries are highly labor-intensive. If you start a small industry, it could become highly labor-intensive as a result of insufficient staffing, inventory, and other factors.
TIP: Never use "ALL", "ALWAYS", "NEVER", etc...words like this turn arguments false.
Question #2
Inflation is created when businesses decide to spend billions on new capital goods.
O Demand-pull
O Supply-Shocks
O Cost-push
O Wage-price spiral
Cost push inflation is created when businesses decide to spend billions on new capital goods.
What is inflation?This is the term that is used to refer to the fact that there is an increase in the general price level in a given economy. The period of inflation is usually characterized by a rise in the prices of goods and services with a lot of these being too high for the consumers to purchase.
The cost push is caused when the cost of raw materials have become too much for the businesses to obtain. Hence the Cost push inflation is created when businesses decide to spend billions on new capital goods.
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Samantha Corporation filed its 2021 Form 1120-S on September 30, 2022. Samantha is a calendar-year taxpayer with 5 shareholders. What amount will Samantha owe for failure to file on time
The total penalty for Samantha Corporation's failure to file on time will be the greater of the late filing penalty or the minimum penalty, which is $2,175. The failure to file on time penalty is based on the number of months that the tax return is late and the number of shareholders that the corporation has.
For Samantha Corporation, the penalty for failure to file on time will be calculated as follows:
1. Late filing penalty: The penalty for filing the tax return after the due date is $195 per shareholder per month, up to a maximum of 12 months. Therefore, for Samantha Corporation with 5 shareholders, the late filing penalty will be $975 per month (5 x $195) for up to 12 months.
2. Minimum penalty: If the tax return is filed more than 60 days after the due date, the penalty will be the lesser of $435 per shareholder or the tax due with the return. In this case, since Samantha Corporation has 5 shareholders, the minimum penalty will be $2,175 (5 x $435).
Therefore, the total penalty for Samantha Corporation's failure to file on time will be the greater of the late filing penalty or the minimum penalty, which is $2,175. This penalty is in addition to any interest and late payment penalties that may be assessed on the tax due with the return.
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Crane Corporation earned $405,000 during a period when it had an average of 100,000 shares of common stock outstanding. The common stock sold at an average market price of $15 per share during the period. Also outstanding were 15,900 warrants that could be exercised to purchase one share of common stock for $10 for each warrant exercised. (a) Are the warrants dilutive
Yes, the warrants are dilutive. Dilutive securities are those that are able to be converted into shares of common stock, and at a price that is lower than the current market price of the shares.
In this case, the warrants can be exercised to purchase one share of common stock for $10 each, which is lower than the average market price of $15 per share. As a result, the warrants are dilutive and will reduce both the earnings per share (EPS) and the book value per share of the common stock.
Therefore, the warrants are dilutive.
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What would be the effect of increasing the banks' reserve requirements on the money supply?
Overall, increasing the banks' reserve requirements decreases the money supply, as banks have less money available to lend, leading to reduced spending and investment in the economy.
Increasing the banks' reserve requirements has an effect on the money supply. Reserve requirements refer to the amount of funds that banks are required to hold as a proportion of their deposits. When these requirements are increased, banks are obligated to hold a larger portion of their deposits in reserve and are therefore left with less money available to lend out.
The effect of increasing reserve requirements is a decrease in the money supply. This is because banks have less money to lend, resulting in reduced lending and borrowing activity. With less lending, individuals and businesses have limited access to credit, leading to a decrease in spending and investment.
For example, if the reserve requirement is increased from 10% to 15%, banks will need to increase their reserves by 5% of their deposits. As a result, they will have 5% less money available to lend out, reducing the amount of money circulating in the economy.
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The price of gas, which started at $2. 56 per gallon, increased at a rate of 4% per year.
The function would be: P(t) = \(2.56(1 + 0.04)^t\). The function that models the situation is P(t) = \(A(1 + r)^t\), where P(t) is the price of gas after t years, A is the initial price of $2.56 per gallon, and r is the rate of increase at 4% per year (expressed as a decimal).
The function P(t) = \(A(1 + r)^t\) is a mathematical model that describes how a value (in this case, the price of gas) changes over time. The variable t represents the number of years that have passed since the initial price of gas was $2.56 per gallon. The variable A represents that initial price, and the variable r represents the rate of increase, which is 4% per year in this case.
So the function would be: P(t) = \(2.56(1 + 0.04)^t\)
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Economic theory suggests that a consumer's choice of a good or service is based on where he or she expects to achieve the highet:_________
Economic theory suggests that a consumer's choice of a good or service is based on where he or she expects to achieve the highest utility.
In economics, the term "utility" describes the overall satisfaction or benefit from consuming a good or service. It is a common assumption in economic theories of rational choice that consumers will attempt to maximise their utility.
People make purchases of goods and services in order to gain satisfaction or benefit. When they consume it, they are able to meet a need or desire as a result. This occurrence is known as economic utility. This includes the four fundamental principles of form utility, time utility, place utility, and possession utility.
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Which of the following sentences has no punctuation, spelling, or grammar mistakes?
With Earth in serious danger, a lot of celebrities are Going Green too.
With Earth in serious danger, a lot of celebrities are going green too.
With earth in serious danger, a lot of celebrities are Going Green, too.
With Earth in serious danger a lot of celebrities are Going Green, too.
Answer:
sentence #2
Explanation:
With Earth in serious danger, a lot of celebrities are going green too.
The following sentence has no punctuation, spelling, or grammar mistakes that is"With Earth in serious danger, a lot of celebrities are going green too." The correct option is B.
The sentence starts with a capital letter, uses proper punctuation, correctly spells the words, and maintains proper grammar.
The phrase "going green" is written in lowercase because it is not a proper noun, and "too" is correctly used to indicate that the celebrities are joining the effort to protect the Earth.
Therefore, the correct option is B.
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Managers of an office selected a committee of 5 employees to participate in discussions on how to revise the flow of work in the office. The office has 30 employees, of which 11 are men. If the committee is selected at random from the 30 employees is it likely to have 4 men? Complete parts (a) through (e) below. (a) Explain why it would not be appropriate to use a binomial model for the number of men on a randomly selected committee of 5 . A. There are not two possible outcomes for each trial involved in randomly selecting the committee. B. The number of men on a randomly selected committee of 5 meets all of the conditions for using a binomial model. C. The number of men on a randomly selected committee of 5 is not a random variable. D. The committee is too large and violates the 10% condition. (b) The binomial coefficient nCx gives the number of ways of picking a subset of x items out of n. Using this fact, how many ways are there to pick a committee of 5 from among all of the office employees? There are ways. (Simplify your answer.)
(a) A. There are not two possible outcomes for each trial involved in randomly selecting the committee.
(b) The number of ways to pick a committee of 5 from among all the office employees is 142,506.
In a binomial model, there should be exactly two possible outcomes for each trial. However, in the given scenario of selecting a committee of 5 employees, the number of men on the committee can vary from 0 to 5. This means that the outcome is not limited to just two possibilities, making it inappropriate to use a binomial model.
To calculate the number of ways to select a committee of 5 from a total of 30 employees, we use the binomial coefficient formula: nCx = n! / (x!(n-x)!). In this case, n = 30 and x = 5. Plugging in these values and simplifying the expression, we find that there are 142,506 different ways to select a committee of 5 employees from a pool of 30 employees.
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Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.
Answer:
I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.
Explanation:
How do economists attempt to predict the next business cycle? (leading economic indicator, Dow Jones
Industrial Average, leading economic index, econometric models)
I need very quickly please!
Answer:
Leading economic indicator.
Explanation:
Leading economic indicators are objective data regarding the economy of a given country or region, which allow projections of future development of the economy of that place. Thus, based on data such as the current economic performance of the place, inflation, the exchange rate, the unemployment rate, etc., projections can be made about how the future economic cycles of the place will develop.
You want to paint your room yellow, so you get some samples at the paint store. when you hold the sample against your white wall, it looks different from the way it looks against the green curtain. a psychologist would attribute this to perceptual constancy. visual paradoxes. contrast effects. threshold differences.
Answer:
contrast effects
Explanation:
Contrast effects is a change of perception when we compare something with something else thereby noticing the difference between them. These comparisons can be color, price, taste.
Contrast effects can make a color appear darker when placed in a lighter background or that an item appear to be cheap when place after being shown a more expensive item. Contrast effects can either be positive or negative.
A positive Contrast effect is one that makes an item better than it is while a negative Contrast effect make an item worse than it is.
the inventory decision model provides which type of information? multiple choice optimal total inventory optimal safety stock optimal order size optimal carrying cost per unit
The safety stock is an extra quantity of inventory that is maintained to protect against fluctuations in demand and supply.
The inventory decision model provides optimal safety stock type of information. Optimal safety stock is the level of inventory that provides the desired level of customer service while minimizing the total inventory holding cost. Hence, the main answer to the given question is "optimal safety stock". The inventory decision model is used to determine how much inventory to order and when to order it. It considers different factors such as the carrying cost of inventory, the ordering cost, the lead time, the demand rate, and the cost of stock outs. The inventory decision model is important for businesses because it helps them to balance the costs of holding too much inventory against the costs of running out of stock.
In conclusion, the inventory decision model provides information about optimal safety stock. To maintain the desired level of customer service, businesses use safety stock, which is the extra quantity of inventory kept to protect against fluctuations in demand and supply. The inventory decision model helps businesses determine the optimal level of safety stock and balance inventory holding costs against the costs of stock outs.
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A manager who is reactive and works hard to address problems after they occur is known as a . (a) problem seeker (b) problem avoider (c) problem solver (d) problem manager
Answer:
(c) problem solver
Explanation:
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
Hence, a manager who is reactive and works hard to address problems after they occur is known as a problem solver.
This ultimately implies that, a problem solver proffer solutions to a problem after it has occurred already. Problem solver are reactive rather than being proactive by preventing or mitigating the possibility of a problem arising.
"The Communities tab of Watson Studio provides which of the following artifacts?
a. Tutorials
b. Data Sets
c. Articles
d. All of the above are correct. "
The correct answer is d. All of the above are correct. The Communities tab of Watson Studio provides various artifacts including tutorials, data sets, and articles.
These resources are designed to support collaboration, knowledge sharing, and learning within the Watson Studio community. Users can access tutorials to learn how to use different features, explore and work with data sets, and read articles that provide insights and best practices related to data science and machine learning.
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Write any four reasons for the importance of pharmacist in medical science
UniFront Corp., a telecommunications company, has launched a new limited edition smartphone called zNINE that has advanced technology features and is built using high-grade material. The company has made only 99 of these zNINE cellphones and customers are ready to pay more than what the cellphone is worth because it is so limited in number. This scenario can be best categorized as an example of __________.
Answer: C. rarity
Explanation:
According to the laws of Supply and Demand, when the supply of a good is low relative to its demand, the price will be higher to reflect its relative scarcity or rarity. This ensures that only a few are able to buy the few goods on offer.
This is the case here with UniFront's phone. Due to the rarity of the phone, people will pay more than the phone is worth so that they can acquire it. In other words, the limited number of phones produced relative to the demand is low therefore the price is higher.
Cove's Cakes is a local bakery. Price and cost information follows: Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month $ 14.41 2.30 1.10 0.29 $3,5
The break-even point is a crucial concept in business and finance, particularly in analyzing the profitability and sustainability of a product, service, or entire business. The breakeven point for Cove's Cakes is approximately 326 cakes.
Based on the information provided, the price and cost breakdown for Cove's Cakes is as follows:
Price per cake: $14.41
Variable cost per cake:
Ingredients: $2.30
Direct labor: $1.10
Overhead (box, etc.): $0.29
Fixed cost per month: $3,500
To calculate the total cost per cake, we sum the variable costs:
Total variable cost per cake = Ingredients + Direct labor + Overhead
Total variable cost per cake = $2.30 + $1.10 + $0.29
Total variable cost per cake = $3.69
To determine the contribution margin per cake, we subtract the variable cost per cake from the price per cake:
Contribution margin per cake = Price per cake - Total variable cost per cake
Contribution margin per cake = $14.41 - $3.69
Contribution margin per cake = $10.72
The contribution margin represents the amount available to cover the fixed costs and contribute to profit after accounting for the variable costs.
To calculate the breakeven point in terms of the number of cakes that need to be sold, we divide the fixed costs by the contribution margin:
Breakeven point (in number of cakes) = Fixed costs / Contribution margin per cake
Breakeven point (in number of cakes) = $3,500 / $10.72
Breakeven point (in number of cakes) ≈ 326.49
Therefore, rounding to the nearest whole unit, the breakeven point for Cove's Cakes is approximately 326 cakes.
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How
a regulated firm could seek to implement an effective corporate
governance regime?
Corporate governance involves the method by which organizations are governed and controlled. The objective of corporate governance is to ensure that firms are run in a way that complies with the law, their articles of association, and the best interests of their shareholders.
A regulated firm can implement an effective corporate governance regime in the following ways:Independent board The board of directors should be independent of the company's management to ensure effective governance. Members of the board of directors should be able to make impartial choices and be able to act in the best interests of the company's stakeholders.
Board members should be well-informed about the company's activities, plans, and risks to be able to make informed decisions. The board of directors should also be responsible for approving the company's business strategies and assessing their success.
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during a risk management project, an evaluation of several controls determines that none are cost-effective in reducing the risk related to a specific important asset. what risk response is being exhibited by this situation?
During a risk management project Acceptance is being exhibited by this situation.
The required details about risk management is mentioned in below paragraph.
Risk management is concerned with foreseeing what might go wrong and putting measures in place to reduce uncertainty to a manageable level. Risk can be seen favorably (as opportunities) or adversely (as dangers) (downside threats). A risk is the possibility for a circumstance or event to have an impact on the accomplishment of particular goals. Before beginning the risk analysis phase of the risk management process, the project professional, in collaboration with the risk owner, makes sure that hazards are precisely recognized.
The project risk management process captures and manages emerging risks and updates previous risk analysis to reflect new information, reflecting the dynamic nature of project activity.
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An organization of high school seniors performs services for patients at Leer Hospital. These students are volunteers and perform services that the hospital would not otherwise provide, such as wheeling patients in the park and reading to patients. Leer spent $1,500 on a recognition banquet and awards for these volunteers. Leer has no employer-employee relationship with these volunteers, who donated 4,000 hours of service to Leer during the year. At the minimum wage rate, these services would amount to $20,600, while it is estimated that the fair value of these services was $25,000. In Leer's statement of activities, what amount should be reported for donated services
"An organization of high school seniors performs services for patients at Leer Hospital."The amount that should be reported for donated services is 0$. This is further explained below.
What have donated services?Generally, donated services are simply defined as Contributed premises, advantageous financial agreements, or donated services are all ways in which a nonprofit might benefit from the generosity of others.
In conclusion, free labor, A unique collection of abilities is required, and we were going to buy it anyhow.
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There are two competing spas in town that offer 1-hour massages, pedicures, and manicures at the following prices. Massage Perdicure Manicure
Calm Retreat [$70 $30 $251] Lotus Spa [$90 $36 $27] a) If Janet takes her friend to the Lotus Spa and has 4 manicures done, how much will it cost? [DOK 3: 3 marks] b) What is the difference in the price between a massage at the Lotus Spa and one at the Calm Retreat? [DOK 3:3 marks]
A massage at the Lotus Spa costs $20 more than one at the Calm Retreat, and Janet will have to pay $108 for 4 manicures there.
Spas Massage Pedicure Manicure
Calm Retreat $70 $30 $251
Lotus Spa $90 $36 $27
Required to calculate: a. If Janet takes her friend to the Lotus Spa and has 4 manicures done, how much will it cost?
b. What is the difference in the price between a massage at the Lotus Spa and one at the Calm Retreat?
a)
Price of a manicure at the Lotus Spa: $27
Quantity of manicures: 4
Cost of 4 manicures at the Lotus Spa = Price of a manicure * Quantity of manicures
Cost of 4 manicures at the Lotus Spa = $27 * 4 = $108
b)
Price of a massage at the Lotus Spa: $90
Price of a massage at the Calm Retreat: $70
The difference in price = Price of a massage at the Lotus Spa - Price of a massage at the Calm Retreat
Difference in price = $90 - $70 = $20
Therefore, the difference in price between a massage at the Lotus Spa and one at the Calm Retreat is $20 and it will cost Janet $108 for 4 manicures at the Lotus Spa.
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what is example of an interest leading to a career choice
Answer:
"I have always been interested in cars so I became a auto mechanic." or "I have always been interested in cars so I decided to work at a car dealership."
Explanation: A big interest that you have that leads you to pick a job related to that interest.
Post the following November transactions to T-accounts for Accounts Payable, Inventory, and Cash, indicating the ending balance. Assume no beginning balances in Accounts Payable and Inventory, and a beginning Cash balance of $36,000. A. Purchased merchandise inventory on account, $16,900. B. Paid vendors for part of inventory purchased earlier in month, $11,100. C. Purchased merchandise inventory for cash, $10,400.
Answer and Explanation:
The preparation of the T-accounts are as follows:
For Account payable
Cash $11,100 Inventory $16,900
Balance $5,800
Total $16,900 Total $16,900
For Inventory
Account payable $16,900
Cash $10,400 Balance $27,300
Total $27,300 Total $27,300
For cash
Opening balance $36,000 Account payable $11,100
Inventory $10,400
Balance $14,500
Total $36,000 Total $36,000
What are the merits of taking loan from commercial banks
What are the merits of taking loan from commercial banks?
Explanation:
With lower interest rates and flexible long-term payment plans, commercial business loans often provide the most cost-effective loan option for business owners.
( Hope this helps )
With lower interest rates and flexible long-term payment plans, commercial business loans often provide the most cost-effective loan option for business owners.
What is considered a human rights abuse by an American company may be viewed as an acceptable business practice in China, which illustrates that ______. Multiple choice question. better ethics comes with increased standard of living the United States is often overly critical of foreign business practices the United States has more highly evolved ethical practice moral standards are relative to particular societies
What is considered a human rights abuse by an American company may be viewed as an acceptable business practice in China, which illustrates that moral standards are relative to particular societies.
What are moral standards?In summary, moral standards are what a person of society considers to be right or wrong regarding human behavior. These standards are often different in the distinct cultures and societies around the world, often due to differing histories that helped to form them.
Therefore, we can confirm that the situation described in the question is a direct result of the moral standards being relative to particular societies.
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What is the relationship between insurance and successful financial management? Why is insurance important?
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Insurance is an important aspect of risk management in business. Insurance is related to successful financial management because when a business is insured, it can weather times of loss and unforeseen occurrences without losing its strength. Insurance is important because it helps businesses to mitigate loss.
Insurance is an aspect of risk management in business where a policyholder pays an agreed sum to the insurer, with the intent of lightening any unforeseen losses they may encounter in the future. Insurance is important because businesses come with risks that could be sudden and unexpected.The pool of funds generated by the insurance company from other insurers will be used to attenuate the loss that the business will face.Conclusively, if businesses will thrive for a long time, insurance is very beneficial.Learn more here:
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Which of the following will be accomplished by efficient allocations of the factors of production?
guaranteeing economic success
understanding whether a product will fail
fulfilling many needs and wants of society
replenishment of limited resources
Answer:C
Explanation: Just took the test:)
What will be accomplished by efficient allocations of the factors of production is fulfilling many needs and wants of society
What are factors of production?factors of production can be regarded as those factor that make production possible such as capital and land.
Therefore, fulfilling many needs and wants of society is one of beauty of production.
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krysta wants to take piano lessons. she asked a teacher how many new pieces she could expect to learn each month. the teacher gave an estimate of 3. write an equation that shows how the total number of pieces krysta would learn, y, depends on the number of months of piano lessons, x.
The required equation is y = 3x which represents the total number of pieces Krysta would learn, where x months of piano lessons.
What is the Linear equation?A linear equation is defined as an equation in which the highest power of the variable is always one.
Krysta wants to learn to play the piano. She inquired with an instructor about the number of new pieces she could anticipate studying each month. The teacher estimated three.
Let y represent the total number of pieces Krysta would learn,
And x represent depends on the number of months of piano lessons,
According to the given situation, we can write the equation would be as:
⇒ y = 3x
Therefore, the required equation is y = 3x which represents the total number of pieces Krysta would learn.
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