Answers
In a supply and demand chart for a public good willingness to pay the curve equates to a marginal-benefit curve.
What is the marginal benefit curve?
The marginal benefit curve is a graphical representation of the additional benefits derived from consuming one additional unit of a good or service. This curve is used to measure the consumer’s willingness to pay for a good or service. The marginal benefit of a good or service is the maximum amount the consumer is willing to pay for one additional unit of the goods or service. The marginal benefit curve is downward sloping, as the consumer’s willingness to pay for a good or service typically declines as more units are consumed.
The market demand curve for public goods gives the price society is willing to pay for a given quantity which shows how much an individual is willing to pay for the goods or service in different quantities. It is equal to the marginal benefit curve. It provides the marginal benefit of an additional unit of the goods to the consumer, which is then reflected on the supply and demand chart.
Therefore, the marginal-benefit curve of a public good is equal to the willingness to pay the curve.
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Related Questions
10. You manage a home improvement store. Your area has just been hit by a flood.
Building supplies quickly become in short supply. Would you raise prices to profit
from this shortage? Why or why not?
Answers
As for me personally, I would not raise prices in my business because I feel that is taking advantage of people in a bad situation. You know that they are going to need to supplies to help them fix flood damage and they will have no option but to buy the needed materials. However, if you raise prices it could backfire on you and they may go somewhere else to get the materials needed instead of shopping with you.
2. A female worked for a city government as a "HR Analyst—classification and compensation." She earned a salary equivalent to $31.01 on an hourly basis. A male HR Analyst working for the same city at the same time earned a salary equivalent to $32.93 per hour. The job descriptions for their two positions were not identical, although the city’s HR Director said that she considered the jobs to be equal. The woman’s position required a bachelor’s degree and five years of experience. The male’s position required either a bachelor’s degree with two years of experience or an associate’s degree and five years of experience. The city offered several reasons for the differential in pay between the two employees. The male employee had worked at least fifteen more years for the city, although he had fewer years as an HR Analyst and a lengthy break-in-service had caused him to lose seniority credit for his earlier city work. The city also cited the male’s "citywide" experience as a basis for his higher pay, as he had moved between several different departments over the years. However, citywide experience was not listed on his job description or anywhere else as a requirement or preference. Lastly, the city attributed the male’s higher pay to his compensation history. His pay level during his previous stint with the city was taken into account in setting his pay when he was rehired. The female sued for pay discrimination under the Equal Pay Act. What should the court decide
Answers
According to the Equal Pay Act, the situation presented is an example of wage discrimination based on gender.
The Equal Pay Act is a United States labor law passed in 1963. This law was created to abolish the gender pay gap.
According to this law, employers (public and private) are prohibited from paying differentiated salaries based on sex in jobs that require equal skills, effort and responsibilities, and that are performed under similar working conditions.
Based on the Equal Pay law, the situation of two employees of different sex who perform a job as HR Analyst - classification and compensation and receive different salary if it is discriminatory due to:
Are employees of the same employerThey perform the same tasks with the same skill, effort, and responsibility requirements.They are in similar or equal working conditions.According to the foregoing, it can be inferred that it is a differential treatment based on discrimination based on sex.
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A fair housing violation case was forwarded to the attorney general. The court may now
do any of these EXCEPT
a. award preventive relief to the complainant.
b. assess a penalty of up to $50,000 on the defendant if this is a first violation.
c. sentence the defendant to up to five years in jail.
d. award the prevailing party reasonable attorney's fees and costs.
Answers
The court may now do any of these EXCEPT: c. Sentence the defendant to up to five years in jail.
What is a fair housing violation case?In a fair housing violation case, the court may award preventive relief to the complainant, assess a penalty on the defendant if this is a first violation, and award the prevailing party reasonable attorney's fees and costs. However, the court does not have the power to sentence the defendant to jail time in this type of case.
Civil penalties such as fines and awards of damages are usually the only types of penalties that can be imposed in a fair housing violation case. Criminal penalties and jail time are generally reserved for more serious offenses and are imposed through criminal proceedings, not civil actions.
Therefore the correct option is C.
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Item 17 A certain cell phone plan charges a fee of $1 for each international call made plus $0. 02 for each second of talk time for the international call. A business owner tracked the time and cost for each of the calls made by the employees when they traveled internationally for business. What is the appropriate value of the correlation between time and cost for the international calls?
Answers
The appropriate value of the correlation between time and cost for the international calls is 1.
Explanation:
The correlation coefficient (r) measures the strength and direction of the linear relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 indicates no correlation.
In this case, the cost of an international call is directly proportional to the time of the call. This means that as the time of the call increases, the cost also increases at a constant rate. Therefore, the correlation between time and cost for the international calls is 1, indicating a perfect positive correlation.
Here's the formula for the cost of an international call:
Cost = $1 + ($0.02 × time)
The $1 is a fixed fee for each call, and the $0.02 is the rate for each second of talk time. So, for each additional second of talk time, the cost increases by $0.02. This shows a direct relationship between time and cost, resulting in a correlation of 1.
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what is the tragedy of the commons?
a. economic loss of individuality
b. overuse of shared resources
c. hoarding of public resources
d. when a boss only drops common loot and no rare drops
Answers
The Blue Company is the primary taxi company in the city of Maintown. It uses gasoline at the rate of 106,800 gallons per year. Because this is such a major cost, the company has made a special arrangement with the Amicable Petroleum Company to purchase a huge quantity of gasoline at a reduced price of $2.00 per gallon. The cost of arranging for each order, including placing the gasoline into storage, is $2,000. The cost of holding the gasoline in storage is estimated to be $0.24 per gallon per year.
Required:
a. Using MS Excel Solver, determine the optimal order quantity.
Answers
Answer:
462.169 gallons
Explanation:
Given that:
the annual demand of gasoline = 106800 gallons per year
Price = $2.00 per gallon
Order cost = $2,000
Holding cost = $0.24 per gallon per year
The objective here is to use Ms Excel solver to determine the optimal order quantity.
We will be attaching four diagrams showing the step-wise process for the determination of the optimal order quantity.
Firstly; we create a model for the given data
Then we ; use the excel formula which the description are shown in the second diagram attached
Finally;we use the solver parameter to obtain the optimal order quantity.
The optimal order quantity = 462.169 gallons
See the attachment below for better understanding.
General store accounts were the easiest forms of credit
-true
-false
Answers
Answer:
false
Explanation:
Im just guessing
Match the descriptions to the appropriate accounting terms.
Answers
Answer:Um so I DONT KNOW ASK UR MOM OR UR DAD MAN SRRY DONT KNOW THIS ONE IM IN 5 GRADE SRRY
Explanation:
SRRY.;(
4)
What is a rational economic decision?
A)
One in which there are no opportunity costs.
One in which marginal benefits exceed marginal costs.
One in which marginal costs exceed marginal benefits.
D)
One in which the benefits are unknown, but costs are low.
Answers
Answer:
One in which marginal benefits exceed marginal costs.
Explanation:
A ration decision implies a sensible or reasonable decision. A rational economic decision has undergone the process of comparing costs and benefits to determine the best option. A rational decision benefits outweigh or are equal to its costs.
Marginal benefit is the additional gain associated with the production or sale of one more unit, while the marginal cost is the expense of making or selling an extra product. A ration decision will have marginal benefit exceed or equal to marginal cost.
Which of the following best conveys the current perspective on using eyewitness testimony in the legal system?
A. Eyewitness testimony is a fail-safe prosecutorial tool when the witness passes a polygraph test.
B. Witness testimony is not vulnerable to statements that are affected by source confusion because questions are
asked in specific ways in the courtroom.
C. People who witness crimes form flashbulb memories that are invalid due to the high degree of emotional content
they contain.
D. Eyewitness testimony must be verified or corroborated by other sources before it can be used to make decisions
in a court of law.
Answers
The sentence that best conveys the current perspective on using eyewitness testimony in the legal system is eyewitness testimony must be verified or corroborated by other sources before it can be used to make decisions in a court of law.
What is the uses of eyewitness testimony in the legal system?The uses of eyewitness testimony in the legal system can be described as one that help to know the truth about the case that is been presented to the court because they do serves as one of the evidence that can be used in the court by the judges in making the judgement.
It should be noted that b efore the eyewitness can be seen as an evidence as regards a particular cas in the court, then it must be verfied so that the eyewitness is saying the truth.
Therefore, option D is correct.
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A firm sells two products, Regular and Ultra. For every unit of Regular sold, two units of Ultra are sold. The firm's total fixed costs are $1,782,000. Selling prices and cost information for both products follow. The contribution margin per composite unit is:
Answers
Answer:
Total Contribution = $52
Explanation:
Given:
Fixed cost = $1,782,000
Product Sales price VC per unit
Regular $20 $8
Ultra $24 $4
Computation:
Contribution = Sales - VC
Contribution on regular product = 20 - 8 = $12
Contribution on ultra product = 24 - 4 = $20
Total Contribution = (1 x 12) + (2 x 20)
Total Contribution = 12 + 40
Total Contribution = $52
Solve the system by any method.
x-6y+2z= 1
3x - 5y + 2z =-1
Answers
The solution to the system of equations, in terms of x, is given as follows:
y = -2 - 2x.z = -6.5x - 5.5.What is a system of equations?A system of equations is a set of equations involving multiple variables that are related, and then arithmetic operations are made to solve these equations and identify the numeric value of each variable.
For this problem, we have three variables and two equations, meaning that one of these variables is a free variable, that is, the system has infinite solutions in terms of the free variable.
We are going to use this free variable as x, hence the first equation is:
2z = 1 + 6y - x
z = 0.5 + 3y - 0.5x.
Replacing on the second, we have that the solution for the variable y is obtained as follows:
3x - 5y + 2(0.5 + 3y - 0.5x) = -1
3x - 5y + 1 + 6y - x = -1
2x + y = -2
y = -2 - 2x.
Then the solution for the variable z is obtained as follows:
z = 0.5 + 3(-2 - 2x) - 0.5x
z = 0.5 - 6 - 6x - 0.5x
z = -6.5x - 5.5.
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Baldwin has negotiated a new labor contract for the next round that will affect the cost for their product Bill. Labor costs will go from $7.91 to $8.41 per unit. In addition, their material costs have fallen from $13.66 to $12.66. Assume all period costs as reported on Baldwin's Income Statement remain the same. If Baldwin were to pass on half the new costs of labor and half the savings in materials to customers by adjusting the price of their product, how many units of product Bill would need to be sold next round to break even on the product?
Select : 1
Save Answer
499
463
509
1,867
A.759
B.874
C.1,047
D.848
Answers
Answer: C - 1,047
Explanation: To break even, Baldwin needs to make sure that their revenue from selling Product Bill equals their total costs, which include the costs of labor, materials, and period costs.
The increase in labor costs per unit is $0.50 ($8.41 - $7.91), and the decrease in material costs per unit is $1 ($13.66 - $12.66). So the net increase in cost per unit is $0.25 ($0.50/2 - $1/2).
To calculate the break-even point in units, we can use the following formula:
Break-even point = (Fixed costs + Total variable costs) / Price per unit
Since the problem states that all period costs remain the same, we can ignore them and focus on the variable costs. The total variable cost per unit can be calculated as follows:
Total variable cost per unit = Labor cost per unit + Material cost per unit
Total variable cost per unit = $8.41/2 + $12.66/2
Total variable cost per unit = $10.54
The price per unit needs to be adjusted by $0.25 to account for the increase in labor costs and decrease in material costs. So the new price per unit is $14.16 ($14.41 - $0.25).
Plugging in the values into the break-even formula:
Break-even point = (Fixed costs + Total variable costs) / Price per unit
Break-even point = (Unknown + $10.54 * X) / $14.16
Since we don't know the value of fixed costs, we cannot solve for X directly. However, we can eliminate some answer choices based on the fact that the break-even point needs to be a positive integer.
Using the answer choices provided, we can calculate the potential break-even points:
A. Break-even point = (Unknown + $10.54 * 759) / $14.16 = 527
B. Break-even point = (Unknown + $10.54 * 874) / $14.16 = 610
C. Break-even point = (Unknown + $10.54 * 1047) / $14.16 = 732
D. Break-even point = (Unknown + $10.54 * 848) / $14.16 = 590
Consider a firm redesigning its logistics network. What are the advantages of having a small number of centrally located warehouses? What are the advantages of having a larger number of warehouses closer to the end customers?
Answers
Small centrally located warehouses offer cost efficiency and simplified inventory management, while larger warehouses closer to customers provide faster delivery, better customer service, and cost savings in shipping.
Having a small number of centrally located warehouses offers several advantages in a firm's logistics network:
Cost Efficiency: Centralized warehouses can lead to cost savings in terms of inventory management, transportation, and operational overheads. With fewer warehouses, the firm can benefit from economies of scale in procurement, storage, and distribution.
Simplified Inventory Management: Managing inventory becomes more streamlined when there are fewer warehouses. It allows for better control and visibility over stock levels, reducing the risk of stockouts or overstocking.
Faster Transit Times: With centrally located warehouses, products can be shipped more quickly to various regions since they are closer to major transportation hubs. This reduces lead times and improves overall customer satisfaction.
Improved Coordination: Centralized warehouses facilitate better coordination and synchronization of supply chain activities. It becomes easier to manage inbound and outbound logistics, optimize transportation routes, and consolidate shipments.
On the other hand, having a larger number of warehouses closer to end customers provides the following advantages:
Faster Delivery: Proximity to end customers enables faster order fulfillment and delivery. Products can reach customers more quickly, reducing transit times and improving responsiveness.
Enhanced Customer Service: Local warehouses allow for better customization and personalization of service. They can cater to specific regional preferences, offer faster response times to customer queries, and handle returns or exchanges more efficiently.
Lower Shipping Costs: By locating warehouses closer to customers, transportation costs can be reduced as products travel shorter distances. This can lead to cost savings in shipping expenses.
Flexibility and Redundancy: Having multiple warehouses distributed geographically provides redundancy and flexibility in the supply chain. It mitigates the risk of disruptions, such as natural disasters or transportation issues, as the firm can rely on alternative warehouse locations.
In summary, a small number of centrally located warehouses offer cost efficiency and streamlined inventory management, while a larger number of warehouses closer to end customers provide faster delivery, improved customer service, lower shipping costs, and increased flexibility.
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Elliptical Consulting is a consulting firm owned and operated by
Jayson Neese. The following end-of-period spreadsheet was
prepared for the year ended June 30, 2019.
Based on the spreadsheet below, prepare an income statement,
statement of owner's equity, and balance sheet for Elliptical
Consulting.
Please submit your completed assignment in Blackboard.
F
G
A
1
2
3
4
5
6 Account Title
B. Tc D
E
Elliptical Consulting
End-of-Period Spreadsheet
For the Year Ended June 30, 2019
Unadjusted
Trial Balance Adjustments
Dr. Cr. Dr. Cr.
Adjusted
Trial Balance
Dr. Cr.
27,000
53,500
3,000
30,500
8 Cash
9 Accounts Receivable
10 Supplies
11 Office Equipment
12 Accumulated Depreciation
13 Accounts Payable
14 Salaries Payable
15 Jayson Neese, Capital
16 Jayson Neese, Drawing
17 Fees Earned
18 Salary Expense
19 Supplies Expense
20 Depreciation Expense
21 Miscellaneous Expense
22
23
27,000
53,500
(a) 2,100
900
30,500
4,500
(b) 1,500
6,000
3,300
3,300
(C) 375
375
82,200
82,200
2,000
60,000
60,000
(c) 375
32,375
(a) 2,100
2,100
(b) 1,500
1,500
2,000
150,000 3,975 3,975 151,875 151,875
2,000
32,000
2,000
150,000
Answers
Answer:
Please submit your completed assignment in Blackboard.
Explanation:
After taking this course and learning more about business communication, do some internet research on companies that make communication in the workplace a priority. Find one organization that stands out to you as one that you would be excited to work for.
Name the organization.
What did you discover about this organization and their approach to communication in business?
Share what makes their communication strategy unique or intriguing to you?
What will you look for in organizations you want to work for? What will you look for in managers as you interview with organizations in the future?
Answers
Go-ogle is one of the most sought-after companies in terms of employment. Employees at Go-ogle make a lot of money in addition to enjoying benefits like access to dog parks and coffee cafes.
Why is working for Go-ogle a fantastic opportunity?It is a popular choice among job seekers since the company provides its employees with cutting-edge tools and technology as well as a friendly work atmosphere. It is a popular choice because of its career progression opportunities, competitive pay structure, and other perks.
In addition to having flexible hours, It allows its employees to work remotely for up to four weeks every year. A "work-from-anywhere week" is an employee advantage that allows them to bring their work with them wherever they go.
What is the communication method it employs?It provides several different ways to communicate, such as social networking, text messaging, videos, and email. The benefit of using it for some of your communication needs is that all of the tools can be accessed with a single username, and information is integrated between them without any gaps.
Why do you want to work for your business?Express your pas-sion for the goals, goods, and services of the business. Employers want to know that you are pas-sionate about their job, whether it is a service, a mission, a brand, or a combination of these. The organization's guiding values, which are typically posted on its web-site, may help you connect your pas-sion to the organization.
What traits should I evaluate while interviewing a manager?A person like this might be emotionally intelligent, well-organized, inspiring, or a gifted speaker. To be able to describe a manager who would work well in that environment, you should take the time to study the organizational structure of the company and where your desi-red position would lie within it.
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Which of the following is a possible scenario if food processors do not adhere to safety standards?
O A salmonella outbreak may leave thousands sick.
Orange juice prices may rise exponentially
Nutrition labeling may harm the sales of packaged snacks.
O Grocery stores may not offer fresh produce
Answers
Answer:
A
Explanation:
the answer is a salmonella outbreak may leave thousands sick.
How does finance and insurance affect in our global economy?
Answers
The ways that finance and insurance affect our global economy include:
Capital allocationRisk managementHow can finance and insurance affect the economy ?Finance plays a crucial role in allocating capital to its most productive uses. Through the provision of financial services such as banking, investment, and asset management, finance channels funds from savers to investors, supporting economic growth and development.
Insurance plays a vital role in managing risk and protecting individuals and businesses from potential losses. By spreading risk among a large pool of insured individuals or companies, insurance enables businesses to invest and take on new opportunities with greater confidence, contributing to economic growth and stability.
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Alameda Tile sells products to many people remodeling their homes and thinks that it could profitably offer courses on tile installation, which might also increase the demand for its products. The basic installation course has the following (tentative) price and cost characteristics. Tuition $ 800 per student Variable costs (tiles, supplies, and so on) 480 per student Fixed costs (advertising, salaries, and so on) 160,000 per year Required: a. What enrollment will enable Alameda Tile to break even? b. How many students will enable Alameda Tile to make an operating profit of $80,000 for the year? c. Assume that the projected enrollment for the year is 800 students for each of the following (considered independently): 1. What will be the operating profit (for 800 students)? 2. What would be the operating profit if the tuition per student (that is, sales price) decreased by 10 percent? Increased by 20 percent? 3. What would be the operating profit if variable costs per student decreased by 10 percent? Increased by 20 percent? 4. Suppose that fixed costs for the year are 10 percent lower than projected, whereas variable costs per student are 10 percent higher than projected. What would be the operating profit for the year?
Answers
Answer:
Alameda Tile
a. The enrollment to enable Alameda Tile to break even = 500 students.
b. To make an operating profit of $80,000, number of students
= 750 students
c. With projected enrollment for the year of 800 students:
1. Operating profit = Total Contribution - Fixed Costs
= ($320 * 800) - $160,000
= $96,000
2. a) Operating Profit, if the tuition per student decreased by 10%.
New selling price = $720 which is $800 * (1 - 10%)
Variable cost 480
Contribution $240
Operating profit = Total Contribution - Fixed Costs
= ($240 * 800) - $160,000
= $32,000
2. b) Operating Profit, if the tuition per student increased by 20%.
New selling price = $960 which is $800 * (1 + 20%)
Variable cost 480
Contribution $480
Operating profit = Total Contribution - Fixed Costs
= ($480 * 800) - $160,000
= $224,000
3. a) Operating Profit, if variable costs per student decreased by 10%.
Selling price = $800
Variable cost 432 $480 * (1 - 10%)
Contribution $368
Operating profit = Total Contribution - Fixed Costs
= ($368 * 800) - $160,000
= $134,400
3. b) Operating Profit, if variable costs per student increased by 20%.
Selling price = $800
Variable cost 576 $480 * (1 + 20%)
Contribution $224
Operating profit = Total Contribution - Fixed Costs
= ($224 * 800) - $160,000
= $19,200
4. Operating profit, if fixed costs reduced by 10% and variable cost increased by 10%:
Selling price = $800
Variable cost 528 $480 * (1 + 10%)
Contribution $272
Operating profit = Total Contribution - Fixed Costs
= ($272 * 800) - $144,000 ($160,000 * (1 - 10%)
= $73,600
Explanation:
a) Data and Calculations:
Tentative Price and Cost Characteristics:
Tuition $ 800 per student
Variable costs (tiles, supplies, and so on) 480 per student
Fixed costs (advertising, salaries, and so on) 160,000 per year
Per unit Tentative
Selling price = $800
Variable cost 480
Contribution $320
b) Computation of break-even point:
To break-even with fixed cost of $160,000, sales unit will be equal to:
Fixed cost/Contribution per unit = $160,000/$320 = 500 students
c) Fixed cost + Target Profit /Contribution per unit:
= ($160,000 + $80,000)/$320
= $240,000/320
= 750 students
If the multiplier in an economy is 3, a $30 billion increase in net exports will
Answers
If the multiplier in an economy is 3, a $30 billion increase in net exports will increase GDP by $90 billion.
Using this formula
Increase in GDP=Economy multiplier ×Increase in net exports
Where:
Economy multiplier=3
Increase in net exports=$30 billion
Let plug in the formula
Increase in GDP=3×$30 billion
Increase in GDP=$90 billion
Inconclusion If the multiplier in an economy is 3, a $30 billion increase in net exports will increase Gross domestic product (GDP) by $90 billion.
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Remodeling is an
A. neither. B. Asset. C.expense
Answers
Answer:
C expense meaning cost money
Answer: C
Explanation:
just took test
The cosmetics industry in the district of Dunkenburg has many competing companies that sell personal care products. However, each company manufactures products that correspond to different income groups. The products are also different in terms of their uses. Which of the following market structures is existent in the cosmetics industry in Dunkenburg?
Answers
Monopolistic competition market structures are existent in the cosmetics industry in Dunkenburg.
Monopolistic opposition is a type of imperfect competition such that there are many manufacturers competing in opposition to each different, but selling merchandise that is differentiated from each other (e.g. by means of branding or first-class) and hence isn't perfect substitutes. In monopolistic competition, a business enterprise takes the costs charged with the aid of its opponents as given and ignores the effect of its personal costs at the costs of other groups.
If this occurs in the presence of coercive authorities, monopolistic competition will fall into government-granted monopoly. in contrast to perfect competition, the corporation continues spare capacity. models of monopolistic opposition are frequently used to model industries. Textbook examples of industries with marketplace structures much like monopolistic competition encompasses eating places, cereals, clothing, shoes, and service industries in massive cities.
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Amy and Lester are partners in operating a store. Without consulting Amy, Lester enters into a contract to purchase $10,000 of merchandise for the store. Amy says she did not authorize the order and that she could have purchased the same merchandise for $7,000. Amy refuses to pay for the order. The vendor sues the partners. a. Must the partnership pay for the merchandise? If yes, how much? b. Assuming the partnership is a general partnership, can Amy's personal assets be taken to pay for the merchandise?
Answers
Answer:
Amy and Lester are both weird so that's your answer.
Explanation:
none needed
A user wants to sort data in multiple columns. Which sequence of steps will sort the data?
A select a cell in the data rangeselect the Data tab select “Sort” in the Sort and Filter groupselect the column to be sortedselect an orderclick OK
B select a cell in the data rangeselect the Data tabselect “Consolidate” in the Data Tools groupselect the column to be sortedselect an orderclick OK
C select a cell in the data rangeselect the Page Layout tabselect “Align” in the Arrange groupselect the column to be sorted select an order click OK
D select a cell in the data rangeselect the Page Layout tabselect “Effects” in the Theme groupselect the column to be sorted select an orderclick OK
Answers
Answer:
A. select a cell in the data rangeselect the Data tab select “Sort” in the Sort and Filter groupselect the column to be sortedselect an orderclick OK
Explanation:
an entrepreneur worked in a certain industry for 8 years to generate the business idea to start his own enterprise the entrepreneur used his own
Answers
An entrepreneur utilized his own experience to develop the business concept to launch his own company after working in a certain field for 8 years.
Contrary to an entrepreneur who establishes a business from scratch, who starts a business using an idea or concept that already exists?An entrepreneur is a person who creates a business from an existing idea and sells goods and services to customers. Entrepreneur is a term used to describe a person who starts a company with a fresh idea or concept and engages in commercial activities.
What actions would a business owner that is actively seeking new possibilities take?Entrepreneurship is the activity of a person who is continually looking for new things and converting those ideas into lucrative prospects by accepting risk and uncertainty in the business.
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The complete question is:
An entrepreneur worked in a certain industry for 8 years to generate the business idea to start his own enterprise the entrepreneur used his own _______
What is one step in identifying the main idea of a text?
Group of answer choices
Determine what the text says about the topic
Go to the glossary and find words related to the topic
Look for the lesson the author wants the reader to learn
Use context clues to understand the meaning of new words
Answers
Answer:
i believe the first option " determine what the text says about the topic" might be the correct answer
Answer: the answer is c
Explanation:
I am way too late but i took the same test
Paul’s will creates a General Power of Appointment Trust (GPOA) that distributes income to his wife annually for life and gives his wife a general power of appointment over the assets in the trust. Which of the following statements is true regarding a GPOA Trust? A. The GPOA Trust only qualifies for the unlimited marital deduction if the trustee agrees to make distributions of principal to Paul’s trust. B. The unlimited marital deduction cannot be elected over the property transferred to the trust because Paul’s wife cannot appoint assets to herself, her creditors, or to anyone on her behalf. C. The unlimited marital deduction is not available because Paul’s wife does not have the current right to the assets in the trust. D. The GPOA Trust automatically qualifies for the unlimited marital deduction because Paul’s wife has a general power of appointment over the trust’s assets.
Answers
Answer: D. The GPOA Trust automatically qualifies for the unlimited marital deduction because Paul's wife has a general power of appointment over the trust's assets.
Explanation:
General Power of Appointment Trust (GPOA) refers to a power of appointment which is a legally binding provision that's contained in a trust such that the beneficiary possess the authority to alter the beneficiaries of the trust.
In this case, Paul's wife possess the power of appointment to anyone on her behalf. Therefore, The GPOA Trust automatically qualifies for the unlimited marital deduction because Paul's wife has a general power of appointment over the trust's assets.
Great talkers are never great doers essay
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Great talkers are never great doers means people who make loud and loud promises rarely keep their promises.
Meaning -There are many such talkative people who use lofty terms to show off their worth and blow their trumpets just to hide their inner weaknesses and vices. They are like empty ships that often ring. However, their vanity and selfishness often put them in a very low position when in times of crisis they display white feathers that are at odds with their lofty rhetoric.
On the hand, someone who speaks little, believes in deeds, and knows his or her limits proves to be sincere enough to keep his promises.
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Use the formula Profit=Revenue-Expenses and think of a business. Write a paragraph about how you will make revenues for your business. What your expenses will be. Then figure out your Profit.
hurry pls
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Answer:
Profit concept explanation, with example of a coaching institute.
Explanation:
The business considered is of a coaching institute.
Its revenue is the fee earned by students studying in the institute.
The cost is fixed cost of set up, variable cost on electricity, mantainence & other miscellaneous expenses.
Profit = Total Fee received from all the students - Total cost of fixed & variable factors.
Eg : Fee per student = 1000, 10 students. Fixed cost = 2000, Variable cost = 1000
Profit = 1000 (10) - 2000 - 1000
= 10000 - 3000 = 7000
Work with delivery teams that are implementing the solution to ensure the technology features are appropriate. Ensure alignment between technology deliverables of a solution and the business goals. Engage with decision-makers to identify the business goal and the capabilities that need improvement. Prepare the budget for the endeavor into the cloud.
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Answer:
Note: The full question is attached as picture below
Cloud architects typically carry out 3 major tasks as listed below:
Task 1: Prepare the budget for the endeavor into the cloud.
Task 2: Configure and build the cloud environment for the company to ensure everything is setup as the design intended.
Task 3: Work with delivery teams that are implementing the solution to ensure the technology features are appropriate.
Other options are wrong because
- Ensuring alignment between technology deliverable of a solution and the business goals - This is the goal of a project manager or a solution architect.
- Engage with decision-makers to identify the business goal and the capabilities that need improvement - This activity is typically done by the product manager.
