in economics, which is the major role of business? responses purchase services purchase services establish safety regulations establish safety regulations guide the economy guide the economy organize production

The GDP will be understated for waitresses and drivers because is part of the underground economy.

We estimate that the under-measurement of the digital sector, which results from quick price drops, the abundance of new goods and services, and the scope of free commodities, is approximately 0.5% of GDP annually. The output is undervalued and inflation is inflated because the quality improvement is greatly under-measured.

GDP excludes domestic production and black market activity since it exclusively tracks the movement of goods through recognized, official markets. This is a significant omission, especially in developing nations when the majority of what is consumed is produced domestically (or obtained through barter)

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Answer:

Explanation:

because it is possible in the graph only

Answer:

1.) Excess supply

2.) Fall

Explanation:

Edge

Structures are put in place in organization for management, organizational structure guides the mode of operation of the organization.

An organizational structure describes how an organization operates, it includes how activities such as allocation of tasks, coordination, and supervision are done to achieve the organizational aims.

It describes the problem to be solved and how it would be solved.

Therefore, organizational structure describes why an organization exists, what problems it wishes to solve, and who it wants to be to every person it touches through its work.

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Answer:

a) Probability of prostrate cancer given a positive test is P(C|+) = 0.0213

b) Probability of cancer given a negative test is P(C|-) = 0.0161

c) Probability of prostrate cancer given a positive test is P(C|+) = 0.3137

d) Probability of cancer given a negative test is P(C|-) = 0.2553

Explanation:

Probability male patient has prostate cancer, P(C) = 0.02

Probability male patient does not have prostrate cancer P(C') = 1 - 0.02 = 0.98

Probability of a positive test given there is no cancer, i.e. P(false positive) = P(+|C') = 0.75

P(negative test given there is cancer) = P(false negative) = P(-|C) = 0.2

P(negative test given there is no cancer) is the complement of P(+|C') = P(-|C') = 1 - 0.75 = 0.25

Probability of positive test given there is prostrate cancer, P(+|C) is the complement of P(-|C), = 1 - 0.2 = 0.8.

a) Probability of prostrate cancer given a positive test is P(C|+)

According to Baye's theorem, P(C|+) = P(+|C)P(C)/P(+)

For P(+), we use the Law Of Total Probability: P(+) = P(+|C)P(C) + P(+|C')P(C')

P(+) = (0.8 * 0.02) + (0.75 * 0.98) = 0.751

Therefore, P(C|+) = P(+|C)P(C)/P(+)

P(C|+) = (0.8 * 0.02)/0.751 = 0.0213

b) Probability of cancer given a negative test is P(C|-)

According to Baye's theorem, P(C|-) = P(-|C)P(C)/P(-)

P(-) = P(-|C)P(C) + P(-|C')P(C')

P(-) = (0.2 * 0.02) + (0.25 * 0.98) = 0.249

Therefore, P(C|-) = (0.2 * 0.02)/0.249

P(C|-) = 0.0161

Part 2: Given the following;

Probability male patient has prostate cancer, P(C) = 0.3

Probability male patient does not have prostrate cancer P(C') = 1 - 0.3 = 0.70

Probability of a positive test given there is no cancer, i.e. P(false positive) = P(+|C') = = 0.75

P(negative test given there is cancer) = P(false negative) = P(-|C) = 0.2

P(negative test given there is no cancer) is the complement of P(+|C') = P(-|C') = 1 - 0.75 = 0.25

Probability of positive test given there is prostrate cancer, P(+|C) is the complement of P(-|C), = 1 - 0.2 = 0.8.

c) Probability of prostrate cancer given a positive test is P(C|+)

According to Baye's theorem, P(C|+) = P(+|C)P(C)/P(+)

For P(+), we use the Law Of Total Probability: P(+) = P(+|C)P(C) + P(+|C')P(C')

P(+) = (0.8 * 0.3) + (0.75 * 0.7) = 0.751

Therefore, P(C|+) = P(+|C)P(C)/P(+)

P(C|+) = (0.8 * 0.3)/0.765 = 0.3137

d) Probability of cancer given a negative test is P(C|-)

According to Baye's theorem, P(C|-) = P(-|C)P(C)/P(-)

P(-) = P(-|C)P(C) + P(-|C')P(C')

P(-) = (0.2 * 0.3) + (0.25 * 0.7) = 0.235

Therefore, P(C|-) = (0.2 * 0.3)/0.235

P(C|-) = 0.2553

Prostate cancer is a type of cancer that can be detected by the PSA test. The probability of prostate cancer given a positive test is 0.0213 and 0.3137.

Prostate-specific antigen (PSA) test is a diagnostic test that screens for prostate cancer and is a blood test.

Given,

Probability of prostate cancer P(C) = 0.02

Probability of absence of prostate cancer P(C') = 0.98

Probability of false positive P(+|C') = 0.75

Probability of false negative P(-|C) = 0.2

Probability of absence of cancer in negative test = 0.25

Probability of presence of cancer in positive test = 0.8

The probability of the male patient suffering from prostate cancer in case of a PSA reading of 0.0214 is,

By Baye's theorem:

\(\begin{aligned} \rm P(C|+) &= \rm \dfrac{ P(+|C)P(C)}{P(+)}\\\\\rm P(+) &= (0.8 \times 0.02) + (0.75 \times 0.98)\\\\&= \dfrac{(0.8 \times 0.02)}{0.751} \\\\&= 0.0213\end{aligned}\)

The probability of cancer given a negative test P(C|-) is calculated as:

\(\begin{aligned} \rm P(-) &= \rm P(-|C)P(C) + P(-|C')P(C')\\\\\rm P(C|-) &= \dfrac{(0.2 \times 0.02)}{0.249}\\\\&= 0.0161\end{aligned}\)

For the next part, the probability of prostate cancer given a positive test P(C|+) is calculated as:

\(\begin{aligned} \rm P(C|+) &= \rm \dfrac{P(+|C)P(C)}{P(+)}\\\\\rm P(C|+) &= \dfrac{(0.8 \times 0.3)}{0.765} \\\\&= 0.3137\end{aligned}\)

The probability of cancer given a negative test P(C|-) is calculated as:

\(\begin{aligned} \rm P(-) &= \rm P(-|C)P(C) + P(-|C')P(C')\\\\\rm P(C|-) &= \dfrac{(0.2 \times 0.3)}{0.235}\\\\& = 0.2553\end{aligned}\)

Therefore, the probability of prostate cancer with a positive test is 0.0213.

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When companies conspire together to charge the same price for a product, it is an example of price fixing.

It is an agreement established between companies with the objective of controlling the price levels of a product or service, which can influence the increase, decrease and stabilization of the price. This is an illegal strategy that can generate inflation and market monopolization.

Therefore, price fixing must be fought by antitrust laws, as this action does not serve the interests of consumers, increases entry barriers and disturbs the normality of supply and demand.

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If entrepreneurs spend their $40 billion in cash reserves and the marginal propensity to consume is 0.95, the maximum predicted change in Islandia's GDP will be $760 billion.

A rise in production will probably raise the need for capital and, as a result, encourage further investment. Consequently, the investment demand curve is expected to move to the right as GDP grows.

Changes in factors like average income and preferences could cause the entire demand curve to move to the right or left. As a result, the quantity demanded at a given price can be larger or lower.

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Answer: a good with an elastic supply

Explanation:

Price elasticity of supply simply refers to how the changes in market price of a good bring about a responsiveness to the supply of such good.

Based on the information given, the best description of the grass seed that is described in this scenario is that it's a good that has an elastic supply. This is because the price of the good in thus case, is sensitive to the changes in the price.

Answer:

It's a good with an elastic supply

Explanation:

edge 2021

The value of Zack's gross estate, considering the alternate valuation date method, is $2,375,000. This method allows the executor to value the assets which is the alternate valuation date.

The value of the home on the alternate valuation date is $550,000, and the investments are valued at $800,000. The IRAs retain their value of $650,000, while the copyrights are valued at $300,000. The sale of the home for $525,000 is not considered in determining the gross estate. Adding up these values, we get a gross estate value of $2,375,000.

To determine the value of Zack's gross estate using the alternate valuation date method, we consider the assets and their values on that date. On the alternate valuation date, the home is valued at $550,000, the investments at $800,000, the IRAs at $650,000, and the copyrights at $300,000. The sale of the home on December 15th does not impact the valuation of the gross estate under this method.

By summing up the values of these assets, we find that the gross estate is $550,000 + $800,000 + $650,000 + $300,000 = $2,300,000. Therefore, the value of Zack's gross estate, considering the alternate valuation date method, is $2,375,000. The correct answer is B. $2,375,000.

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Answer:

Bru.h it's a hoaxxxx

Explanation:

The manager of a chain of jewelry stores that are located in downtown Chicago should increase sales and income or raise prices are two strategies for boosting return on investments.

The net profit (or loss) from an investment is divided by the cost of the investment to calculate the return on investment. You can compare the efficiency or profitability of different investment options since it is expressed as a percentage.

High market share results in economies of scale, market strength, and greater access to talent and management of high caliber. This can boost your ROI since high-performing managers are frequently effective in capturing sizable marketplaces.

Your return will be increased if you can raise sales and revenues while maintaining current expenses, or if you can raise costs while maintaining current net profits.

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Supplies Expense  2,900,Supplies  2,900This entry records the supplies used during the year. The Supplies Expense account is debited for the amount of supplies used.

Year is a measurement of time that is commonly defined as the number of full rotations of the earth around the sun. A year is typically divided into twelve months, each of which consists of thirty to thirty-one days. Depending on the calendar system, a year can also include an extra day or two to account for the fraction of a rotation that is leftover. In most cases, a year is 365 days long, although leap years are 366 days long. The length of a year determines how we mark the passage of time and when events are celebrated.

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Answer:

D, are probably not engaged in intense competitive rivalry

Explanation:

A competitive analysis framework or framework of competitive analysis can be said to be an analysis model that is used to examine a competitor market structure. This in turn helps you to properly prepare or structure your market analysis.

There are about 5 competitive analysis frameworks. They include SWOT(strength Weakness Opportunity Threats), Porter's five forces, Strategic group analysis, growth share matrix, perceptual mapping.

In the case of Rapid-Built Homes and ModMod, they are not exactly involved in intense competitive rivalry because while Rapid-Built homes is a developed by real estate speculators, ModMod is a side business for two architecture professors. This means that selling of housing units by Rapid-Builts is the source of main income for the company while for ModMod, is it not the main source of income for the professors.

Cheers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Answer:

Because the credit industry gains a profit from it's users. Credit is a tool, and if used wisely can be beneficial for many people who don't have enough cash to pay for things. Having "good" credit score means that it's easier for you to receive a loan.

Let understand that Credit score refers the score which tells about a consumer's creditworthiness.

In practice, the higher the credit score of an individual, the higher the rate of repayment of credit gotten.

The Credit scoring is used the lenders to help them decide whether to borrow, extend or deny credit.

Therefore, the credit industry wants one to believe you need credit score because its helps them to ascertain your creditworthiness.

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Answer:

4%

Explanation:

Dividend yield shows the dividends paid out annually as a percentage of the share market price.

The formula for calculating dividend yield is the annual dividend per share/market value per share.

Dividend yield = dividend/ market share price x 100

Dividend yield = 2/50 x 100

Dividend yield = 0.04 x 100

Dividend yield = 4%

entice bank consumers by promoting bank items

Large banks are assessed in three categories: lending, investment, and service. Large banks are defined as those with total assets of $250 million or more, or that are subsidiaries of holding corporations with assets of $1 billion or more.

The top 5 banking services are checking and savings accounts, mortgage and loan services, wealth management, issuing credit and debit cards, and overdraft services.

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Answer:Planning is an important part of the work of project managers. These specialists determine what needs to be done, who will do it, how long each task will take, and how much it will cost. Based on this information, project managers develop a detailed work plan, prepare a schedule, and prepare a budget.

Explanation:

The project manager assesses the amount of work needed, analyzes the possible workload of the team, determines the timing of tasks and creates a clear plan for the project.

Answer:

marginal investor

equal

less

infinite

Explanation:

the value of a stock depends on the sum of the value of the dividend yield and capital gains yield

dividend yield = dividend / price of the stock

capital gains yield is a change in the value of the stock as a result of appreciation in the value of the stock.

The intrinsic value of a stock can be calculated using various dividend models. some of them include :

The market is in equilibrium when price equal intrinsic value

a stock is undervalued when the price of the stock is less than its intrinsic value

A stock is overvalued when the price of the stock is greater than its intrinsic value.

An investor would want to purchase a stock that is undervalued so that they can take advantage of increase in the value of the stock

Th dividend used to calculate the intrinsic value is infinite. This is because dividends are paid infinitely as long as the investor holds the stock and the company exists

According to the FDIC, community banks have less than $ 10 million in assets in most cases.

       An asset refers to economic or financial bonds that can act as benefits and rewards in the future. A community bank refers to a banking institution that is locally owned and looked over. It is not an official banking system. The local community looks after the finance, transactions, and loans.

       FDIC stands for Federal Deposit Insurance Corporation. It looks after the supply of insurance deposits and looks after the safety and security of the deposits. This institution works with two agencies- American depository institutions and the National Credit Union Administration.

       According to the definitions created by FDIC, any bank containing less than $ 10 million in assets is known as a community bank.

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Answer:

For non-Stafford act incidents, The agency with primary legal authority activates the appropriate coordinating structures. Hence, option C is correct.

Explanation:

For non-Stafford Act Incidents, an agency with primary legal authority activates the appropriate coordinating structures. Thus, option A is the correct option.

The National Response Framework allows a Federal organization (the seeking agency) that has primary responsibility and legal authority for managing an event to request DHS coordination and facilitation if it needs additional support or assistance. The National Preparedness Objective outlines 32 tasks, referred to as core competencies, that address the biggest threats to the country in five mission areas: prevention, protection, mitigation, response, and recovery.

The National Response Framework outlines the guiding principles that allow all response partners to organize a coordinated, national response to all sizes of crises and disasters, from minor incidents to major catastrophes. Disasters are viewed by emergency managers as recurrent events that include four phases: mitigation, readiness, response, and recovery.

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Chameli had ₹600 left after pending 75% of her money, so she must have had ₹600/0.75 = ₹800 in the beginning.

Chameli had ₹600 left after pending 75% of her money we can find uch money Chameli had before she spent 75% of it, we need to work out what 75% of her money was.

To find out how much money Chameli had before she spent 75% of it, we need to work out what 75% of her money was. To do this, we first convert 75% into a decimal, which is 0.75.

We then divide the remaining amount by 0.75 to find out how much she had in the beginning. In this case, Chameli had ₹800 before she spent 75%.

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The survey conducted at the ice cream shop seems to have yielded results, but unfortunately, it did not provide a clear rating. Here option D is the correct answer.

The lack of a specific rating could be due to a variety of reasons, such as the survey being poorly designed or not asking the right questions. Without a specific rating, it is difficult to determine the customers' exact level of satisfaction with the ice cream shop.

However, it is possible to make some assumptions based on the available information. For example, if the survey asked open-ended questions about customers' experiences, their responses could provide insight into how positively or negatively they viewed the shop.

Another approach could be to look at the overall results of the survey to see if there are any trends or patterns. For instance, if the survey included questions about specific aspects of the shop, such as the quality of the ice cream or the cleanliness of the premises, the results could indicate whether customers were generally satisfied or dissatisfied with these factors.

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Complete question:

Customers at an ice cream shop took a survey. the results showed that customers rated the shop as being

A) Positively

B) Negatively

C) Neutral

D) The survey didn't provide a rating

Explanation:

the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.

Answer:

A. curriculum developer

Explanation:

A curriculum developer refers to an individual who is typically an educational professional who is saddled with the responsibility of creating or developing topics, instructional materials and teaching techniques (methods) that are to be used by classroom teachers to instruct, lecture and teach students. Thus, curriculum developers do not work directly with students but are part of the chain responsible for ensuring that students get the best form of knowledge and learning experience in schools.

Additionally, curriculum developers are to ensure that the curriculum used for teaching students are totally or completely in compliance with sets of standards established by the school and regulatory agencies in the state.

In this scenario, Adalyn wants to find a job in Education and Training. She has excellent analytical thinking and leadership skills, but she does not want to work directly with students.

Hence, the career which would be the best option for her is to be a curriculum developer.

Answer:

A. curriculum developer

Explanation:

Answer:

a requirements contract

Explanation:

Since in the question it is mentioned that the company used its cork for the protective drinks and if Cat comes into an agreement with a cork exporter in order to buy all of the cork that is required to manufacture the products. This would represent the requirement contract

As the requirement contract is the contract in which the purchased agrees to buy all the goods that are required from a seller

Answer:

200 i think sorry if im wrong

Explanation:

Answer:

Explanation:

Im not a guy im a girl but can we still be friends

Answer:

agriculture, fishing, hunting, gathering,

Explanation: Hope that helps :)