given the same costs, the monopolist produces less output and charges a higher price compared to the purely competitive industry. what makes this possible for the monopolist and not the purely competitive industry? what is the impact on the society of each?
Answers
A single company has complete control over the supply and pricing of goods and services in a monopolistic market. In contrast to monopolistic markets, truly competitive markets are made up of numerous enterprises with no single firm controlling the market.
How do the pricing and output volume of a monopoly compare to those of a company with perfect competition?The major difference between a monopolist and a completely competitive firm is that, whereas marginal revenue equals price (MR = P) in the case of perfect competition, it does not in the case of a monopolist since variations in production quantity affect pricing.
How would a monopolist's expenses and output stack up against those of ideal competition?Price and marginal cost are equal in a market with perfect competition, making it impossible for businesses to turn a profit. In the case of a monopoly, the price is raised above the marginal cost, which generates revenue for the company. In a situation where perfect competition prevails, both the supply and price of an item are profitable economically.
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Related Questions
Imagine that you are reading one of your favorite magazines. if you see a logo and recognize the brand as it is being presented to you, this is an example of
Answers
Assuming you see a logo and recognize the brand as it is being presented to you, this is an example of Aided recall.
What is aided recall?Aided recall can be defined as the process in which a person is being asked a question partaining to the advertisement he/she saw.
Aided recall in important as it help to create product awareness and it enables people to recognize a brand based on the advert they saw and to showcase their knowledge about the advert when asked.
Inconclusion this is an example of Aided recall.
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Income received by households through the lending of their money to corporations and business firms is an example of
income.
Answers
Answer:
Interest / Dividend Income
Explanation:
Answer:
Answer for EDGE is C or Interest
Explanation:
How do computers convert physical signals into digital data?
Answers
This is done by connecting a device called a modem to the digital computer. This process of converting a digital signal to an analog signal is known as modulation. On the receiving end, the incoming analog signal is converted back to digital form in a process known as demodulation.
computers convert physical signals into data by connecting a device called a modem to the computer.
dratif corporation's working capital is $45,000 and its current liabilities are $128,000. the corporation's current ratio is closest to: multiple choice 1.35 0.35 2.35 0.74
Answers
The ratio between a company's current obligations and its current assets is known as the current ratio. You divide current assets by current liabilities to arrive at the current ratio. So, the closest option is 1.35 for the current ratio. So, the answer is A) 1.35.
To Find the current ratio, we need to divide the current assets by the current liabilities. The current assets are not given, but we can use the working capital and the current liabilities to calculate them. The current assets can be calculated as follows:
Current assets = Working capital + Current liabilities
= $45,000 + $128,000
= $173,000
Now we can calculate the current ratio as:
Current ratio = Current assets / Current liabilities
= $173,000 / $128,000
= 1.35
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pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability distributions of the risky funds are: Expected Return Standard Deviation Stock fund (S) 15 % 32 % Bond fund (B) 9 % 23 % The correlation between the fund returns is 0.15. Suppose now that your portfolio must yield an expected return of 12% and be efficient, that is, on the best feasible CAL. a. What is the standard deviation of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Answers
The standard deviation of the portfolio is 7.09%.
What is the proportion of stock in minimum risky portfolio?= [(0.23)² - (0.32*0.23*0.15)] / [(0.32)² + (0.23)² - (2*0.32*0.23*0.15)]
= 0.31421708452
= 31.42%
What is proportion of bond fund in minimum risky portfolio?= 1 - 0.31421708452
= 0.68578291548
= 68.58%
What is the expected return of minimum risky portfolio?= 0.3142*15% + 0.6858*9%
= 0.04713 + 0.061722
= 0.108852
What is the standard deviation of your portfolio?= ((0.6858)² * (0.23)² * (0.3142)² * (0.33)²) + ((2 * 0.6858 * 0.3142 * 0.32 * 0.23 * 0.15))^0.5
= (0.00026747972 + 0.00475776218)^0.5
= 0.0050252419^0.5
= 0.0708889406
= 7.09%
Therefore, the standard deviation of the portfolio is 7.09%.
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Please helppp!!!
Match the following terms to their correct definitions:
1. A free trade agreement between the U.S., Mexico and Canada
2 A phenomenon that has come about as a result of interdependence between world
economies
3. Large-scale businesses that have originated in developed countries and expanded across the
globe
4. A worldwide organization established after World War Il as a means for providing financial
help for nations in need
a. NAFTA
b. IMF
c. Multinational Corporations
d. Globalization
Answers
Answer:
I dont want ads so I am gonna answer this
Explanation:
Students usually attend a vocational school for _____ years or less.
A.1 B.2 C.3 D.4
Answers
Answer:
2
Explanation:
Answer:
four
Explanation:
if u think bout it its four years and makes more sence and mroe realistic
When we discuss the Evaluate phase in ACE, which question do you ask to evaluate effectiveness of your instructional visuals?
A) Answer 1: Do cues in the visual help perception of selection, organization, and integration?
B) Answer 2: Is the visual learner-friendly?
C) Answer 3: Have you weeded out the extraneous data?
Answer 4: All of the Above
Answers
The Evaluate phase in ACE as the all of the above question as the relevant to the asked the effectiveness of your instructional visuals. Thus, option (d) is correct.
What is visuals?
The term visuals refer to represent the data, charts, drawings, paintings, design and the other things as included. The visuals are the concluded, the details and the easily to find out.
The evaluation of the ACE as the instrumental visuals are the first question is the selection, organization, and integration of the relevant and the visual learner-friendly and the quickly, extraneous data. As the all of the above, the question to the included.
Therefore, option (d) is correct.
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Which are functions of money? Select the three correct answers.
A store of value
B. producer of resources
C. unit of account
D. medium of exchange
DE record of finances
F. unit of output
Answers
Answer:
A store of value
C. unit of account
D. medium of exchange
Explanation:
Money has four main functions. They are
The medium of exchange: It the most widely used and accepted instrument for the exchange of goods and servicesUnit of account: Money provides a standard measure of the value of goods and services being exchanged. Store of value: Money is known to keep its value for some period. this enables other commodities, both perishable and non-perishables, to be assigned monetary values Standard of future payments: This function allows for trade to be done on credit terms.influences of Business environment,
Answers
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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I need help!!!!! :| !!!
Answers
Answer:
b
Explanation:
Hasan wants to investigate whether a weight loss product is legitimate. What is the most reliable source hasan can use to research the product online?.
Answers
The most reliable source that can be used by Hasan to research the product online is customers' personal blogs. Hence, Option A is correct.
What is the personal blog?By sharing their experiences, writing in a conversational style, and other techniques, authors of personal blogs give their content a "personal touch." Personal blogs are NOT the type of blogs with a lot of guest writers.
Hasan is trying to find out if a weight loss supplement is real. Hasan can conduct online product research using the most trustworthy source possible by consulting the blogs of actual customers.
Therefore, Option A is correct.
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The complete question has been attached in text form:
Hasan wants to investigate whether a weight loss product is legitimate. What is the MOST reliable source Hasan can use to research the product online?
O customers' personal blogs
O the company's website
O websites not owned by the company
O reviews on the company's social media sites
Diane Hendricks always dreamed of owning a recording studio. On February 1 Diane withdrew $10,000 from personal savings and deposited it in a new business checking account for Hendricks Sound. On February 2 Hendricks Sound made a $2,000 down payment on equipment that cost $8,000. The remaining balance will be paid at a later date. What is the accounting equation for Hendricks Sound after these transactions?
Answers
Diane Hendricks always dreamed of owning a recording studio. the accounting equation for Hendricks Sound after these transactions: hassle 4–2 figuring out will increase and. Decreases in debts.
Accounting is a technique of figuring out financial transactions, measuring them in monetary terms, and recording, classifying, summarizing, analyzing, decoding them, and speaking the outcomes to the customers.
In its maximum basic experience, accounting describes the method of tracking a man or woman or business enterprise's financial transactions. Accountants document and analyze these transactions to generate a common photograph of their organization's monetary health. Accounting plays an essential position in walking an enterprise as it allows you music profits and costs, ensures statutory compliance, and offers investors, control, and government quantitative monetary records which may be used in making enterprise decisions.
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All of the following are skills of public relations except:
A. Writing
B. Selling
C. Editing
D. Reading
E. Speaking
Answers
Answer: B. Selling
Explanation:
Have you ever purchased something based on the recommendation of a social media influencer? If so, explain what you purchased, who the influencer was, and why their recommendation mattered. If not, how have you avoided the urge to buy based on social media?
Answers
Answer:
I actually bought the benefit cosmetics roller lash mascara because of an IG influencer's high rating of the product. I don't remember exactly who the influencer was, but she was very popular. I trusted her reccomendation because of her popularity and status. I ended up disliking the mascara, and now I usually only get reccomendations from people I actually know.
Explanation:
Hope this helps!
I am always concerned about my job
Answers
Answer:
then get a new job
Explanation:
Answer:
why? Maybe its time for a new job.
Explanation:
CHOOSE 1 OF THE SCENARIOS TO ANSWER THE FIVE QUESTIONS.
Scenario 1: Erich’s Roofing, the eleventh largest roofing company in the world, is experiencing turnover problems with the employees who install roofs (i.e. the roofers).The General Manager has asked you to fix the problem. While your primary emphasis might be on having a competitive base pay, you need to decide if there is anything you can do in terms of incentives.
Scenario 2: World’s Best Tool Coating Company is a high-tech firm specializing in the coating of cutting tools (e.g., drill bits, cutting blades). These coatings lengthen the time before a tool needs to be resharpened. The company is concerned that its competition continues to develop new coating methods as well as new applications for the coating. It has asked you to help them develop a remuneration plan to create a work environment where its employees come up with more innovations and suggestions on where its coatings might be applied.
Scenario 3: Jane Humphries Associates (JHA) is a relatively small advertising firm in Melbourne. They recently shifted their strategic plan to focus almost exclusively on big clients who generate $200,000 or more annually in revenue for the firm. There are six employees in the firm who focus exclusively on business development, identifying new client prospects and making "pitches" to these prospects about ways that JHA can help them. While the payout for landing these prospects is high, averaging four times the revenue of the typical JHA client in the past, the likelihood of getting these new clients is considerably lower. In the past, the Development associates (as they are called) were paid heavily on incentive pay (4 percent of revenue generated by clients landed by the associate) along with a base pay that was 95 percent of the market rate for comparable jobs in Melbourne. It has asked you to advise them on how its remuneration plan might be changed to reflect the changes introduced in its new strategic plan.
1. Identify the internal and external environment, which might affect the organisation’s key performance requirements and key success factors.
2. Address key issues within the organisation relating to motivation (e.g. financial and nonfinancial incentives) and equity.
3. Provide an assessment of other possible problems the organisation might face in the management of remuneration.
4. Suggest options for addressing these issues, identifying each option’s strengths and weaknesses.
5. Discuss the implementation details of your preferred option, including what type of remuneration plan you would recommend.
Answers
An effective remuneration plan should strike a balance between financial and nonfinancial incentives, promote equity and motivation, and support the company's strategic goals.
1. In Scenario 1, the internal environment affecting Erich's Roofing's key performance requirements and key success factors includes the turnover problems with the roofers.
This affects the company's ability to complete roofing projects efficiently and meet customer demands.
External factors may include the availability of skilled roofers in the job market and the competitiveness of the roofing industry.
2. Key issues related to motivation and equity in Scenario 1 involve the need for competitive base pay to attract and retain skilled roofers.
Financial incentives, such as performance-based bonuses or profit sharing, can further motivate roofers to perform well.
Nonfinancial incentives, like recognition programs or opportunities for career advancement, can also enhance motivation and equity within the organization.
3. Other possible problems in the management of remuneration for Erich's Roofing could include ensuring the fairness and transparency of incentive systems, addressing potential conflicts or biases in performance evaluation, and maintaining consistency in remuneration practices across different job roles within the company.
4. To address these issues, options include conducting a comprehensive salary and benefits benchmarking study to ensure the base pay is competitive, implementing a fair and transparent performance evaluation process, and developing a balanced incentive plan that aligns with the company's goals and individual performance.
The strengths of these options lie in motivating and retaining skilled roofers while promoting a fair and equitable work environment.
However, weaknesses may include potential budget constraints and the need for effective communication and implementation strategies.
5. For Erich's Roofing, I would recommend implementing a remuneration plan that includes a competitive base pay aligned with market rates, performance-based bonuses tied to individual and team goals, and nonfinancial incentives like recognition programs.
The plan should be communicated clearly to employees, with performance metrics and evaluation criteria transparently defined.
Regular performance reviews and feedback sessions can help monitor progress and provide opportunities for continuous improvement.
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gdp per capita is a relatively good measurement of: group of answer choices the distribution of income. purchasing power. household production. the standard of living.
Answers
GDP per capita is a relatively good measurement of the standard of living. Gross Domestic Product per capita (GDP per capita) is a measure of the country's economic output that determines the total economic output of a country divided by the total number of people in the country.
It's a measure of a country's economic efficiency and standard of living, as well as a comparison of different countries' economies. The calculation of GDP per capita can be done in the following ways: Dividing the Gross Domestic Product by the country's overall population is one way to calculate the GDP per capita. The second way to calculate GDP per capita is to divide the total workforce by the working population because it is the working population that drives the economy.
Therefore, it can be concluded that GDP per capita is a relatively good measurement of the standard of living. GDP per capita is a relatively good measurement of the standard of living. This is because it represents the average economic output per person in a country, which is commonly used to gauge the overall well-being and prosperity of a population.
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PLEASE HELP AND QUICKLY!! Why is doing timely reconciliations a key part of internal control activities
A. Checks usually expire after two weeks
B. It is part of the Sarbanes-Oxley legislation
C. It is much easier to correct mistakes if they are caught early
D. It ensures accounts filed with the government are accurate
Answers
D and
Definition:
Reconciliation is the process of comparing transactions and activity to supporting documentation. Further, reconciliation involves resolving any discrepancies that may have been discovered.
Purpose:
The process of reconciliation ensures the accuracy and validity of financial information. Also, a proper reconciliation process ensures that unauthorized changes have not occurred to transactions during processing
Answer: c
Explanation:
just got the answer wrong because of the other “answer” on this question
What are desirable qualities for office assistants to have?
Answers
Answer:
Good communication skills.
Organization skills.
Team player.
Interpersonal communication skills.
Detail oriented.
Positive, can-do attitude.
Flexible.
Ability to prioritize.
Explanation:
Before communicating a message to consumers, what must marketers as senders of that message do first? multiple choice decode the message. Identify a target audience. Deliver feedback. Eliminate noise
Answers
Before communicating a message to consumers, the marketers as senders of that message first Identify a target audience.
To effectively communicate a message, marketers must first identify their target audience, or the specific group of people they want to reach with their message. By understanding the characteristics, needs, and interests of their target audience, marketers can tailor their message in a way that resonates with that audience and effectively communicates the intended message. This helps eliminate "noise," or any factors that could interfere with the message being received and understood by the target audience. By decoding the message and delivering feedback, marketers can refine and improve their messaging strategy over time.
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What are extension strategies?
Answers
➣ Extension strategies are marketing techniques that seek to improve sales to extend the life of a product before decline begins.
➥ I hope I have helped you, greetings! Atte: ღTheGirlSadღAnswer:
Extension strategies are marketing techniques that seeks to improve sales to extend the life of a product before decline begins .Anna is talking with one of her employees, Nathan. While Anna speaks, Nathan is crossing his
arms, pressing his lips together tightly, and leaning back in his chair. How is Anna MOST likely to interpret these nonverbal cues?
Answers
I think Anna is likely to interpret Nathan's body language as indicating that he is feeling apprehensive and possibly even resistant to what she is saying. She may then ask him questions or provide further explanation to help him better understand her point of view.
What is interpret?Interpret is the process of making sense of data, information, or events. It involves understanding the meaning of the data, information, or event and making conclusions based on that data. Interpretation can be done through analysis, synthesis, and evaluation. Interpretation involves breaking down the data or information to identify patterns and trends, and then making connections between the data and the underlying meaning. It can involve making connections between the data and other concepts, or looking at the data from different perspectives to gain a better understanding. Interpretation is an important part of any research process, and can help to provide insights and knowledge that may not be immediately obvious from simply examining the data.
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baden company manufactures a product with a unit variable cost of $100 and a unit selling price of $176. fixed manufacturing costs were $480,000 when 10,000 units were produced and sold. the company has a one-time opportunity to sell an additional 1,000 units at $140 each in a foreign market which would not affect its present sales. if the company has sufficient capacity to produce the additional units, how would acceptance of the special order affect income? question 23 options: income would increase by $40,000. income would increase by $8,000. income would decrease by $8,000. income would increase by $140,000.
Answers
To determine how the acceptance of the special order would affect income, we need to compare the costs and revenues associated with the order.The correct answer is: Income would increase by $40,000.
Given information:
Unit variable cost = $100
Unit selling price = $176
Fixed manufacturing costs = $480,000
Additional units in the special order = 1,000
Selling price of special order units = $140
First, let's calculate the additional costs and revenues associated with the special order:
Additional variable costs:
Additional units in the special order = 1,000
Unit variable cost = $100
Additional variable costs = \(1,000 units * 100\)/unit = $100,000
Additional revenue:
Additional units in the special order = 1,000
Selling price of special order units = $140
Additional revenue = \(1,000 * 140\)/unit = $140,000
Now, let's calculate the overall effect on income:
Income without the special order:
Total units produced and sold = 10,000
Total revenue = \(10,000*176\)/unit = $1,760,000
Total variable costs = \(10,000 * 100\)/unit = $1,000,000
Fixed manufacturing costs = $480,000
Total costs = Total variable costs + Fixed manufacturing costs = $\(1,000,000\) + $\(480,000\)= $\(1,480,000\)
Income without the special order = Total revenue - Total costs = $\(1,760,000 -\) $\(1,480,000\) = $\(280,000\)
Income with the special order:
Total units produced and sold = 10,000 (original) + 1,000 (special order) = 11,000
Total revenue = \(10,000 * 176\)/unit (original) + \(1,000 * 140\)/unit (special order) = \(1,760,000 + 140,000\) = $1,900,000
Total variable costs = \(10,000 * 100\)/unit (original) + 1,000 units * $100/unit (special order) =\(1,000,000 + 100,000\) = $1,100,000
Fixed manufacturing costs = $480,000 (remains the same)
Total costs = Total variable costs + Fixed manufacturing costs = $1,100,000 + $480,000 = $1,580,000
Income with the special order = Total revenue - Total costs = $1,900,000 - $1,580,000 = $320,000
The difference in income between the scenarios is:
Income with the special order - Income without the special order = $320,000 - $280,000 = $40,000
Therefore, accepting the special order would increase income by $40,000.
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Which of the following factors do businesses consider
Answers
Meanwhile, productivity rose as a result of new technology. What will be the businesses economy's most likely short-term factors effects. A higher output level and an unspecified price level emerge from a rightward shift.
In both the short-run aggregate supply (SRAS) and aggregate demand (AD) curves. The SRAS curve shifts to the left as the price factors of these inputs rises, indicating that, at each level of output price, a higher input price will discourage production because it will make it more difficult to turn a businesses profit. The real wage rate declines and employment rises when the price level rises and the money wage rate remains constant.
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HELP FOR CROWN!!!
what is one thing a bank will require you to have when you ask for an auto loan?
A. keys to the car
B. proof of auto insurance
C. driver's license
D. letter of recommendation
Answers
Answer:
It is either C or D
Explanation:
Answer:
Driver's License
The average student college loan rate is 4%. You borrowed $18,000 per year for tuition, room, & board. If the interest is computed as simple interest, annually, how much interest will you owe when you graduate. Assume 4 years interest on the freshman year loan, 3 years on the sophomore loan, 2 years on the junior loan, and 1 year on the senior loan.
Answers
Answer:a) 7200
Explanation:
You win a lottery ticket that will pay you $3,000. However, you won't receive everything today, but $1,000 per year, starting today. You want to sell the lottery ticket today. How much can you sell it at if market interest rates are 5%?
Question options:
A. $2,721.09
B. $2,859.41
C. $3,000
D. $2,723.25
Answers
You need to take $2,721.09 if market interest rates are 5%. (A)
To find out how much you can sell the lottery ticket for if market interest rates are 5%, you need to calculate the present value of the future payments.
1. Determine the cash flows: $1,000 today, $1,000 one year from now, and $1,000 two years from now.
2. Calculate the present value of each cash flow by using the formula: PV = FV / (1 + i)^n, where PV is the present value, FV is the future value, i is the interest rate, and n is the number of years.
3. PV for $1,000 today is $1,000 / (1 + 0.05)^0 = $1,000.
4. PV for $1,000 one year from now is $1,000 / (1 + 0.05)^1 = $952.38.
5. PV for $1,000 two years from now is $1,000 / (1 + 0.05)^2 = $907.03.
6. Add up the present values of all cash flows: $1,000 + $952.38 + $907.03 = $2,859.41.(A)
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Why does compound interest earn you a higher annual percentage yield
(APY) on savings accounts?
O A. Compounding interest earns more by investing your money in
stocks.
B. Compound interest doesn't really earn you more APY.
O C. Compounding means you earn interest on the money that has
already earned interest.
D. Compound interest gives you a yearly rate of return.
Answers
The reason compound interest earn you a higher APY on savings account is with compounding you earn interest on the money that has already earned interest.
With compound interest, interest is earned on the amount of money that has already earned an interest. On the other hand, with simple interest, interest is earned only on the principal.
Imagine that you deposit $100 in a savings account with an interest rate of 10% and annual compounding.
Value of the account in one year = 100 x (1.1) = 110
Value of the account in two years = 100 x (1.1)² = 121
Imagine that you deposit $100 in a savings account with an interest rate of 10% and simple interest.
Value of the account in one year = 100 + (100 x 0.1 x 1) = 110
Value of the account in two years = 100 + (100 x 0.1 x 2) = 120
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Which of the following scenarios best demonstrates an employee being responsible? A. Sophia greets each customer with a smile. B. Juan listens to coworkers and lets them finish talking before he speaks C. Fredrick volunteers to help on a project beyond his normal duties. D. Gabriel stays late after work to finish a task that is due.
Answers
Answer:
D. Gabriel stays late after work to finish a task that is due.
Explanation:
The scenario that best demonstrates an employee being responsible is: “Gabriel stays late after work to finish a task that is due.” Hence, option D is correct.
What is the meaning of scenario?Scenarios are purposefully casual, open-ended, and fragmentary narrative representations of important usage circumstances taking place throughout time.
A usage scenario is a description of how a person would employ a current system or product. A design scenario is a description of how a system or product that is currently under development will be used.
In literature, a scenario can refer to a summary of what is happening and the current circumstances. While a scenario and a situation are very similar, the former hasn't occurred and the latter may never do so. scenario definitions a suggested timeline of potential outcomes.
Therefore, option D is correct.
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