In a market economy, the decisions of what to produce, how to produce it, and for whom to produce are often determined by the forces of supply and demand in the marketplace.
In a market economy, individuals and businesses make economic decisions based on their own self-interest. The concept of supply and demand guides these decisions. "What to produce" is determined by consumer demand and preferences. Producers analyze market signals and adjust their production accordingly. "How to produce" involves finding the most efficient and cost-effective methods to meet consumer demand while maximizing profits. "For whom to produce" is determined by the purchasing power of consumers, as those with the ability to pay can acquire the goods and services produced in the market. Overall, the interactions of buyers and sellers in the marketplace shape the allocation of resources and the production of goods and services in a market economy.
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A passive fund manager would be most likely to do which of the following ?A- Research the stocks in the benchmakr's portfolio extensively so as to align with itB- Align with both the market and individual funds by using competitive informationC- Beat the Benchmark Index performance by achivieng a higher returnD- Match the fund's performance to the benchmark index 's performance
A passive fund manager would be most likely to do Match the fund's performance to the benchmark index's performance. Thus the correct option is D.
What is a Passive fund?Funds that are managed passively stick to an index. High turnover may potentially be a problem for passively managed funds since the fund will experience it if the index experiences it. It results in lower risk, flexibility, effective tax rates, and ease of use.
An objective of a passive fund manager is to monitor the performance of a specific index or stock market. The index that passive managers are seeking to track and use to rebalance the fund are at odds with one another.
Therefore, option D is appropriate.
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How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.
Answer:
Explanation:
There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.
As a business owner, Marlon analyzed the economy to determine if it is a good time to open a new shop. What facts probably helped him realize that it is a good time do it?
Low unemployment rate and prices are rising slowly
High unemployment rate and prices are rising quickly
Few homes are being sold and restuarants are closing
Prices aren't changing and factories are shrinking
As a business owner, Marlon's decision to open a new shop would have been influenced by several economic factors. The two factors that probably helped him realize that it is a good time to do so are the low unemployment rate and slowly rising prices. These indicators suggest a stable economy with a healthy labor market and a controlled inflation rate. The correct option is a.
A low unemployment rate implies that there is a high demand for labor, which means that consumers have purchasing power to support businesses. In addition, low unemployment rates tend to increase consumer confidence, which can translate into higher spending and revenue for businesses. The slowly rising prices also suggest that inflation is under control, which means that consumers are not feeling the pinch of increasing costs of goods and services. This can lead to increased spending and growth in the economy.
On the other hand, the other options presented in the question, such as high unemployment rates and quickly rising prices, few homes being sold, and restaurants closing, indicate a weak or declining economy. High unemployment rates and quickly rising prices can result in decreased consumer confidence and lower spending, which can be detrimental to businesses. Few homes being sold and restaurants closing are also signs of a weak economy with decreased demand. The correct option is a.
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Caterpillar is the world's leading maker of earth-moving machinery and supplier of agricultural equipment. Caterpillar wants to end its support for its Dealer Business System (DBS), which it licenses to its dealers to help them run their business. The software in this system is becoming outdated and senior management want to transfer support for the hosted version of the software to Accenture Consultants so it can concentrate on its core business. Caterpillar never required its dealers to use DBS, but the system has become a de facto standard for doing business with the company. The majority if its 50 Cat dealers in North America use some version of DBS, as do about the half of the other too or so Cat dealers in the rest of the world. Before Caterpillar turns the product over to Accenture, they call you in as a change consultant. What factors and issues should it consider? What questions should it ask? What questions should its dealers ask?
1. As a change consultant, Caterpillar needs to consider several factors and issues before it turns over its Dealer Business System (DBS) to Accenture.
First, it needs to understand the impact of this decision on its dealers, who have become reliant on the software to conduct their business with the company. Caterpillar needs to ensure that its dealers are not left stranded without the necessary support to use the software effectively.
Second, Caterpillar should evaluate the costs associated with transferring the support for the hosted version of the software to Accenture. This includes not just the financial costs but also the time and resources required for the transition. Caterpillar needs to ensure that the transfer is seamless and does not disrupt its dealers' operations.
Third, Caterpillar should also consider the impact on its own core business. While ending support for DBS may allow Caterpillar to focus more on its core business, it also risks alienating its dealers, who are an essential part of its value chain. Caterpillar needs to ensure that the transfer does not negatively impact its relationship with its dealers.
2. As for the questions Caterpillar should ask, it needs to understand Accenture's capabilities and experience in supporting similar software systems. Caterpillar should also inquire about the timeline and process for the transfer of support and how Accenture plans to ensure a smooth transition for its dealers. It also needs to ask the right questions to understand Accenture's capabilities and experience and ensure a smooth transition for its dealers.
3. As for the questions dealers should ask, they should ask about the support and resources available to them during the transition. They should also inquire about any changes or upgrades to the software that may come with the transfer of support and how it may affect their operations. Additionally, they should ask about any potential costs associated with the transition and how it may impact their bottom line. The dealers should also ask about the support and resources available during the transition and any potential costs or changes to the software.
Thus, before Caterpillar turns over its DBS to Accenture, it needs to carefully consider the impact on its dealers, evaluate the costs associated with the transfer, and ensure that it does not negatively impact its own core business.
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What is the author's main claim or argument?
Pizza is the best
In September, you made a profit of $5,456,963 with expenses of $2,456,654. What was your total revenue?
The total revenue when the profit and expenses are given so it should be considered as the $7,913,617.
Calculation of the total revenue:We know that
Profit is $5,456,963
And, expenses is $2,456,654
We know that
Profit = Revenue - Expenses
$5,456,963 = Revenue - $2,456,654
So, the revenue is
= $5,456,963 + $2,456,654
= $7,913,617
Hence, The total revenue when the profit and expenses are given so it should be considererd as the $7,913,617.
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Hey, can I please get some help? Thank you!
2.When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop. ... As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.
Identify each statement as either true or false. In the United States, banks keep the entire value of all customer deposits in the bank vault to meet customer withdrawals. Banks typically loan out a portion of customer deposits. Bank runs occur when many customers attempt to withdraw deposits from a bank at the same time and the bank is unable to pay all customer withdrawals. The Federal Deposit Insurance Corporation (FDIC) protects bank depositors from bank failure. The fractional reserve banking system requires all banks to keep the total value of customer deposits in their vaults to prevent bank runs.
Answer:
false
true
true
true
false
Explanation:
Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.
If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out
Fractional banking is practiced in the US
Bank run is when depositors withdraw their monies from the bank due to fear of the bank failing.
The Federal Deposit Insurance Corporation (FDIC) was established after the great depression. Bank run was attributed to be one of the causes of the great depression. The FDIC increases confidence of depositors in banks because they insure the deposit of bank customers. In the case a bank fails, customers are assured that they would not lose their monies deposited
On a pro-forma balance sheet, the cash balance comes directly froma.the cash receipts budget.b.the general ledger.c.the cash budget.d.the bank statement.
On a pro-forma balance sheet, the cash balance comes directly from the cash budget. The correct option is c.
The cash budget is a financial statement that outlines the inflows and outflows of cash in a given period. It helps businesses to forecast their cash balances and plan their expenditures accordingly. The cash balance is an important item on the balance sheet, as it reflects the amount of cash a company has on hand at a given point in time.
The cash budget is prepared based on the cash receipts and cash disbursement budgets. The cash receipts budget estimates the expected cash inflows from sales, loans, investments, and other sources. The cash disbursements budget estimates the expected cash outflows from expenses, purchases, investments, and other uses.
By subtracting the total cash disbursements from the total cash receipts, the cash budget calculates the expected net cash flow for the period. This net cash flow is then added to the beginning cash balance to determine the ending cash balance.
Therefore, the cash budget is an essential tool for creating an accurate pro-forma balance sheet. Option c is correct.
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Why is it a challenge for businesses to invest in strategic information technology projects?a.) Organizations have difficulty finding good project managers.b.) Organizations do not have the necessary financial means.c.) Organizations have difficulty defining business objectives.
Investing in strategic information technology projects can be a challenge for businesses due to various reasons. One of the reasons is the a)difficulty organizations face in finding good project managers who have the necessary skills and expertise to manage such complex projects effectively.
Additionally, investing in these projects requires a significant financial commitment, and organizations may not have the necessary financial means to make such an investment. Moreover, defining business objectives can be a significant challenge as organizations may not have a clear understanding of what they want to achieve with the project or how it aligns with their overall business strategy. Therefore, businesses need to carefully evaluate the risks and benefits associated with investing in strategic information technology projects before making a commitment. Proper planning, budgeting, and project management can help businesses overcome these challenges and realize the potential benefits of these projects.
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Suppose a firm is hiring resources l and m under purely competitive conditions to produce product Y, which sells for $4 in a purely competitive market. The prices of l and m are $24 and $12, respectively. In equilibrium, the MPs of l and m, respectively, are
The marginal product of L is twice that of M. Thus, the equilibrium wage rate and MP of L are $24 and 2 respectively. The equilibrium wage rate and MP of M are $12 and 1 respectively.
In a purely competitive market, a firm hires resources L and M to produce product Y which sells for $4. The prices of L and M are $24 and $12 respectively. In equilibrium, the marginal products of L and M are equal to their prices.
There are two steps to reach equilibrium. The first step is to maximize profits and the second step is to adjust the prices and wages.
The company maximizes profit by hiring workers until the marginal revenue product (MRP) is equal to the marginal resource cost (MRC).Since the product price is given as $4, it is the MRP.
The marginal cost of labor, or MRC, equals the wage rate.
The equation for MRP and MRC is:
MRP = MRC
As a result, the quantity of labor hired will be determined.
At equilibrium, the price of labor will be equal to the marginal revenue product of labor and the price of capital will be equal to the marginal revenue product of capital.
MP_L/PL = MP_M/PM
Or
MPL/PL = MPM/PM
As per the information given in the question, the price of labor is $24 and the price of capital is $12.
Hence, applying the above formula, we get:
MPL/24 = MPM/12
Cross multiplying we get,MPL/2 = MPM
Therefore, the marginal product of L is twice that of M. Thus, the equilibrium wage rate and MP of L are $24 and 2 respectively. The equilibrium wage rate and MP of M are $12 and 1 respectively.
The company will employ L up to the point where its MP equals its wage rate, as mentioned above. On the other hand, the firm will hire M up to the point where its MP equals its wage rate.
As a result, the competitive market will be in equilibrium.
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10. Which type of utility do you believe has the greatest impact on price? Explain
Answer: Place utility
Explanation:
The type of utility that is believed to have the greatest impact on price is the place utility. Place utility simomy means making of goods available to the customers when they're needed.
The place or location where customers but their products is vital to customers as they put values on products based on the place utility. This can be seen as companies make sure that their products are easily accessible to their customers.
While morality or ethics is primarily concerned with how we __________live, law addresses how we __________ live (in order to avoid legal sanction or punishment).options:- must, should- can, will- should, will- should, must
Morality and ethics are the study of what is right and wrong in human behavior, while law is a system of rules and regulations enforced by the government to govern the behavior of individuals in society.
Morality is concerned with how individuals should live their lives based on their beliefs and values about what is right and wrong. It sets guidelines for good and ethical behavior, but does not have any formal enforcement mechanisms.
On the other hand, law addresses how individuals must live their lives, in order to avoid legal sanctions or punishment. Laws are created by governments and are enforced by the courts, law enforcement agencies, and other institutions. Laws often reflect the moral values and ethical principles of a society, but they also serve as a means of resolving conflicts and protecting the rights and freedoms of individuals.
Therefore, while morality sets the standards for what is considered right and wrong, law provides the framework for enforcing these standards in society. It is important to note that there may be instances where the morality of a situation conflicts with the law, leading to ethical dilemmas and debates over what is just and unjust.
In conclusion, morality and ethics provide guidance on how we should live, while law sets the boundaries for how we must live in order to maintain order and stability in society.
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I need to find the social security and Medicare. Please let me know how you got your answer as well!
Answer:
See below
Explanation:
Social security and medicare per period
1. Otto:
Pay per period = 76,432/ 12
=6,369.33
social security = 6.2% of 6,369.33
=6.2 /100 x 6,369.33
=394.898
=394.9
medicare = 1.45 % of 6,369.33
=1.45/100 x 6,369.33
=92.355
=92.36
2. G. Hernandez :
Pay per period= 43,902 / 26= 1,688.54
social security =6.2% of 1,688.54
=6.2/100 x 1,688.54
=104,689
=104.69
medicare=1.45 of 1,688.54
=1.45/100 x 1,688.54
=24.48
A.Toms:
Pay per period = 20,235 /12 =1,686.25
social security = 6.2 % of 1,686.25
=6.2/100 x 1,686.25
=104.55
Medicare = 1.45 % of 1,686.25
=1.45/100 x 1,686.25
=24.45
After income tax is paid by a
corporation, what percentage of
the remaining profit is paid as the
dividend tax?
A. 30%
C. 15%
B. 5%
D. 10%
Answer:
option C
Explanation:
the general rate of dividend is 15%
Larry's Lunchcart is a small street vendor business. If Larry makes 15 pretzels in his first hour of business and incurs a total cost of $16.50, his average total cost per pretzel is a. $1.10. b. $6.50. c. $15.00. d. $16.50.
Answer:
A. $1.10
Explanation:
We can find the average total cost by dividing the total cost by the number he sold:
16.50/15 = 1.1
So, his average total cost per pretzel is $1.10
The average total cost per pretzel is a $1.10.
Given that,
Larry makes 15 pretzels in his first hour of business and incurs a total cost of $16.50.Based on the above information, the calculation is as follows:
= $16.50 ÷ 15
= $1.10
Therefore we can conclude that the option a is correct.
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how much will they save in annual setup costs with this new lower production quantity? (display your answer to two decimal places.)
I apologize, but without the specific information about the setup costs, it is not possible to calculate the savings in annual setup costs.
In order to determine the savings, we would need details such as the previous setup costs, the new production quantity, and any relevant cost per unit or setup cost structure. Once these details are provided, I would be able to assist you in calculating the savings in annual setup costs.
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What role do funds (money) play in the circular flow model? a. They are what households or firms pay for products or resources. b. They are the means by which trade creates value. c. They enable firms and households to interact with foreign firms and households. d. They enable firms and households to pay their taxes
Answer:
a. They are what households or firms pay for products or resources.
Explanation:
The circular flow model shows how money flows in the society, from producers to workers in the form of wages, and back to the producers as money paid for products thereby providing exchange between the household and the firm.
The household work for firms in exchange for money to pay for goods and services offered by the firm while the firm sell there goods to the household so as to be able to generate profits.
Question 2 (1 point)
The old Michigan football coach had only two strategies, Run the Ball to the Left Side of the line, and Run the Ball to the Right Side.
The defense can concentrate either on the left side or the right side of Michigan’s line.
If the opponent concentrates on the wrong side, Michigan is sure to gain at least 5 yards.
If the defense defended the left side and Michigan ran left, Michigan would be stopped for no gain.
But if the opponent defended the right side when Michigan ran right, Michigan would still gain at least 5 yards with probability .70.
It is the last play of the game and Michigan needs to gain 5 yards to win.
Both sides choose Nash equilibrium strategies.
In Nash equilibrium, Michigan would:
Question 2 options:
a. run to the right side with probability .77.
b. run to the right side with probability .50.
c. run to the right side with probability .70.
d. be sure to run to the right side.
e. run to the right side with probability .87.
The correct answer is (c) run to the right side with probability .70.
How option c is right one?In Nash equilibrium, both sides are playing their best response strategy given the opponent's strategy.
If Michigan runs to the left side, the defense will defend that side and Michigan will be stopped for no gain. Therefore, Michigan should not run to the left side.
If Michigan runs to the right side with probability less than .70, the defense will concentrate on the left side.
In this case, Michigan's expected gain would be less than 5 yards, which is not sufficient to win the game. Therefore, Michigan should not run to the right side with probability less than .70.
If Michigan runs to the right side with probability greater than .70, the defense will concentrate on the right side.
In this case, Michigan's expected gain would be less than 5 yards, which is not sufficient to win the game. Therefore, Michigan should not run to the right side with probability greater than .70.
Therefore, the only Nash equilibrium strategy for Michigan is to run to the right side with probability .70.
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95. Training prepares people for their present jobs while development prepares them for future jobs. True False
True. Training and development are two different concepts that play a crucial role in the growth and development of individuals in an organization.
Training is typically focused on improving specific skills or knowledge required for an individual's current job role. It is usually a short-term process that involves learning a particular set of skills or gaining knowledge to perform a specific task. Training can be both on-the-job or off-the-job, depending on the requirement.
On the other hand, development is a long-term process that prepares individuals for future job roles within the organization. It focuses on enhancing their overall skills, knowledge, and abilities, which are required for higher-level job roles. Development programs can include mentoring, coaching, job rotations, and other learning opportunities that help individuals build a broader set of skills and experiences that can be utilized in future roles.
Therefore, it is true that training prepares people for their present jobs while development prepares them for future jobs. Both training and development are essential for the overall growth and success of individuals within an organization. It helps individuals to keep up with the ever-changing business environment and maintain their competitiveness in the job market.
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The company pays cash for a piece of equipment. the list price was $9,100, but after negotiation, the final purchase price was $8,700.
Answer:
this question is part of a longer question where you had to state how this transaction affects the accounting equation of the company:
the journal entry would be
Dr Equipment 8,700
Cr Cash 8,700
Since both accounts are asset accounts, only the assets will be affected. Cash balance will decrease by $8,700 while equipment will increase by the same amount:
Assets = liabilities + equity
cash equipment
-8,700 8,700
compare and contrast reference theory of meaning and idea theory of meaning
Explanation:
Reference theory of meaning is a philosophical thought that believes the meaning of a word or acronym is doing in what it points out in the world. But the idea theory of meaning feels the meaning of a word or acronym lies in the group it represents.
For example, the meaning of the term would be seen as relating to illnesses and viruses as well as number of years from the point of view of idea theory of meaning. While the reference theory of meaning would allude the meaning using proper reference to the illness (Coronavirus) that caused the disease.
Fayol thought management principles needed to be flexible and adaptable and that they would be expanded through experience and experimentation. When a team of workers specialize on a few tasks to become more proficient. Which management function describes this situation
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A person works as a cashier in a major supermarket. She sells vegetables to
customers, including local restaurants that use these ingredients to make
meals for their customers. The supermarket pays the cashier wages for her
work, which she uses to buy her own groceries and pay bills.
When the supermarket in the passage sells vegetables to restaurants, it takes
on which role in the circular flow of goods?
O A. Business market
O B. Resource market
O c. Product market
O D. Household market
Answer: IT B B
Explanation:
Trust the process
When the supermarket in the passage sells vegetables to restaurants, it takes a resource market role in the circular flow of goods. The correct option is b.
What is a resource market?Resource market definition formally refers to a market that furnishes companies, firms, and organizations with the factors of production in exchange for monetary benefits. Resource markets are those which provide businesses with the resources they need to provide the goods or services they offer. In this sense, these markets are more business-to-business than business-to-consumer.
A resource market may also be referred to as a factor market, which economists use to separately refer to all the resources that businesses employ to legally acquire what they need to undertake in the production of goods and services. It can also be termed the input market. Factors of production acquired in the concept or resource/factor markets include labor, capital, and land.
A simplistic definition is that a resource market is a market that provides businesses with the resources they need to produce goods and services.
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By establishing property rights, governments provide _______ for people to create new goods and services.
1.thefts
2.incentives
3.Intangible assets
Answer:
2.incentives
Explanation:
There are many local, state, and federal government incentives available at the moment which are directed towards the home buyer, especially first home buyers of new homes.
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The invisible hand refers to the:__________
a) fact that the U. S. Tax system redistributes income from rich to poor.
b) notion that, under competition, decisions motivated by self-interest promote the social interest.
c) tendency of monopolistic sellers to raise prices above competitive levels.
d) fact that government controls the functioning of the market system
The idea that self-interested actions advance societal interest under competition is known as the "invisible hand." Smith referred to this as the "invisible hand."
What exactly is a business example interest?Protecting an employer's trade secrets or sensitive information, a company's reputation, and potential or existing clients are a few examples of legitimate commercial interests. Protecting an employee from public competition is one thing that doesn't constitute a valid business interest.
Why does interest matter in business?In a market economy, interest fulfils a number of important roles. The most prominent example of this coordination between savers and borrowers is when borrowers are compelled to pay interest so as to loan additional money in order to increase their current spending.
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HE-39435 company's break-even sales revenue is$900,000, and its variable expenses are 75 of sales. If the HE-39435 company lost $40,000 last year, its sales revenue must have amounted to: Multiple Choicea. $820.000b. $860,000c. $740,000d. $635.000
If the HE-39435 company lost $40,000 last year, its sales revenue must have amounted to c. $740,000.
The break-even point is when total revenues equal total expenses. In this case, the break-even sales revenue is $900,000, and the variable expenses are 75% of sales. Since the company lost $40,000 last year, we can say that its total expenses must have been greater than its total revenue.
Thus, to find the sales revenue, we can set up the equation: $900,000 = (sales revenue) - (75% of sales revenue) - $40,000. Solving for sales revenue gives us $740,000. This means that the sales revenue must have been at least $740,000 in order for the company to have lost $40,000.
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I WILL MARK BRAINLEIST WHOEVER ANSWERS FIRST!!
How can I see my answers on edmentum?after a test to see which ones i got wrong
Answer:
That setting isn't available on edmentum. You can't how you performed on each question, but you can see your final score and the number of questions you got correct and missed.
That would definitely be a great feature if they added it.
Explanation:
Answer:
Yea I tried to but sadly they don't have that as an option
Explanation:
The Fed could sell bonds in the open market in an effort to keep interest rates constant when
A) The discount rate increases.
B) The reserve requirement increases.
C) Money demand increases.
D) Money demand decreases.
False. The Fed could sell bonds in the open market in an effort to keep interest rates constant when money demand decreases.
The Fed would sell bonds in the open market to increase interest rates, not to keep them constant. Therefore, options A, B, and C are incorrect. The correct answer is D) Money demand decreases. When people and businesses are less interested in borrowing money, the demand for money decreases, and interest rates tend to fall. In order to counteract this, the Fed could sell bonds in the open market, which would decrease the money supply and increase interest rates.
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Help what’s the answer?