Priceline and expedia are two online travel companies. both are known to utilize ___________ of services such as airline flights and hotel stays to entice customers to purchase both at the same time, for a more reasonable price than what they would pay separately for each of these services.

Answers

Answer 1

Both are known to utilize bundling of services such as airline flights and hotel stays to entice customers to purchase both at the same time.

Bundling occurs when businesses combine multiple of their goods or services into one unit, frequently at a cheaper cost than they would charge customers to purchase each item separately.

A marketing tactic known as bundling enables customers to conveniently purchase a number of goods and/or services from a single provider. These bundled products and services are typically related, but they can also include unrelated goods that appeal to a certain clientele.

Numerous businesses produce and offer a variety of goods and services. They must choose whether to provide these goods or services for sale singly at a set price or in packages, or bundles, at a set cost.

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Related Questions

in the past, kohl’s has been losing sales to amazon. why then would it enter into a partnership with one of its most fierce competitors?

Answers

Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

Partnership is basically the coming together of two of more companies or individual with a common goal.

Let bear in mind that Partnership is different from Acquisition or Merger because each owner is entitled to their share of profit.

Through this partnership, Kohl's and Amazon will both benefit from the arrangement.

Currently, Kohl's has a large number of physical stores which Amazon has no access to. So therefore, Kohl's will benefits from Amazon's strong online customer base.

Therefore, Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

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What are some simlarities between saving and investing?

Answers

Answer:

A similarities between saving and investing

1) Its about money.

2) Investing is similar to saving because you’re putting away money for the future. But you're trying to earn more money.

Explanation:

the information given shows peter's net worth statement. peter's net worth is $101,800. based on the information given below, what is the current value of peter's house?

Answers

Peter's net worth of $101,800 is influenced by various components such as his assets (e.g., cash, investments, property) and liabilities (e.g., loans, debts).

To increase his net worth and improve his financial position, Peter can focus on strategies like increasing his income, reducing unnecessary expenses, and making smart investment decisions. By growing his assets and minimizing liabilities, Peter can build wealth over time. It would be beneficial for Peter to compare his net worth to industry benchmarks or individuals in his age group to gauge his financial standing. This assessment can inform his retirement planning and investment decisions. To protect and preserve his net worth, Peter should consider diversifying his investments, maintaining an emergency fund, and regularly reviewing and adjusting his financial plan.

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--The complete Question is, Based on Peter's net worth statement, what are the components that contribute to his net worth of $101,800? How can Peter further increase his net worth and improve his financial position? What strategies or actions can he undertake to grow his assets and reduce his liabilities? How does Peter's net worth compare to industry benchmarks or similar individuals in his age group? What implications does his net worth have for his financial goals, such as retirement planning or investment decisions?--

What part of the business letter contains the return address

a) Inside address
b) Body
c) Heading
d) Complimentary close

Answers

it’s: c) heading! hope this helps

Answer:

its Heading beacuse you are putting your name and the date

what is automated teller machine car
state 4 advantages of using automated machine

Answers

Answer:

An automated teller machine is an electronic machine that allows the transaction of money from one's account.

Advantages of the ATM are-

1. It provides easy access to one's account.

2. It saves time and energy.

3. It reduces the workload of the bank employees.

4. Its service is available anywhere 24/7.

Explanation:

An automated teller machine (ATM) is an electronic machine that allows an individual to complete basic transactions without the need for any bank personnel to help. This type of machine is generally used to withdraw and deposit cash from and into one's bank account.

Four advantages of an automated teller machine are-

1) It provides convenience to the customers, saving one's energy and time.

2) Its service is available 24/7.

3) It allows access to one's account anywhere.

4) It reduces the workload of the bank employees.  

An Automated Teller Machine (ATM) car refers to a vehicle equipped with an ATM, typically used for mobile banking services in locations where a fixed ATM is not available or convenient.

Advantages of using an Automated Teller Machine (ATM) include:

Convenience: ATMs offer 24/7 access to banking services, allowing users to withdraw cash or perform various transactions at their convenience. With an ATM car, this convenience can be extended to different locations, such as events, rural areas, or areas with limited banking infrastructure.

Accessibility: ATMs provide accessibility to banking services for individuals who may not have access to a nearby bank branch. The mobility of an ATM car can further enhance accessibility, reaching underserved or remote areas where  may be limited.

Time Savings: Using an ATM can save time compared to traditional banking methods. With an ATM car, users can access banking services without the need to travel to a physical branch, reducing time spent commuting and waiting in queues.

Privacy and Security: ATMs provide a secure and private environment for conducting financial transactions. Using an ATM car can enhance security by ensuring that the machine is monitored, maintained, and operated by authorized personnel.

This can instill confidence in users, knowing that their transactions are conducted in a controlled and secure setting.

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The profession of marriage and family therapists is expected to continue growing at a rate of about
.

Answers

Explanation:

Job Outlook

Employment of marriage and family therapists is projected to grow 22 percent from 2019 to 2029, much faster than the average for all occupations. Growth is expected due to an increasing use of teams for treatment, in which these therapists work with other counselors to address patients' needs.

How can choosing the right institution help you manage money effectively?

Answers

Answer:

You may get a better job, or it may make you more responsible. The money is the main thing, you will get paid better, so you wont have to worry abt money i guess.

Explanation:

special pricing, display fixtures, and value-added bonuses are all a part of increasing sales in retail stores. what sort of marketing technique is this?

Answers

Trade Promotion is a marketing technique with special pricing, display fixtures, and value-added bonuses that are all a part of increasing sales in retail stores.

Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Affiliates will sometimes provide marketing for a business. Trade promotion describes marketing initiatives carried out in-store by these two partners.

Trade promotion is a marketing strategy that uses special pricing, display fixtures, demonstrations, value-added bonuses, no-obligation freebies, and other incentives to boost product demand at retail businesses. Trade promotions are a tool that businesses can use to raise customer awareness of their brands and products.

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Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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please hurry

Most community colleges are _____ or have an open-door policy.

non-competitive
elite
unlocked
competitive

please explain

Answers

Answer:

non-competitive

Explanation:

Most community colleges have an open admission policy. It means that anyone who applies to join a community college will be admitted. The requirement to join a community college is a high school diploma.

The open admission policy implies that the community colleges do not emphasize the grades obtained in high school. An early application increases the chances of one getting accepted in their preferred courses.

Answer:

it is non-competitive

Explanation:

I just took an exam and got it correctly! hope this helps :)

ONE TWO THREE FOUR _______________.

Answers

Answer:

I declare a thumb war?

Explanation:

Answer:

5

Obviously it’s 5 your welcome

Jordano Food Products
Supply Chain Profile
Jordano Foods
Tracie Shannon, Vice President for Logistics at Jordano Foods (Jordano), had just sent the following e-mail to members of the executive committee of the company:
I just returned from a lengthy meeting with Susan Weber, CEO of SAB Distribution. She is under great pressure from her Board of Directors to continue to grow market share and improve profitability. SAB has received a recent tender offer from another larger food distributor to buy the company and several members of their board have recommended that the offer be seriously considered. Susan feels that SAB can continue to improve their "bottom line" with additional changes in service offerings. Ms. Weber is meeting with all of SAB’s major suppliers and customers to discuss new services that SAB can offer to enhance the competitiveness of the SAB supply chain.
Background On Jordano Foods
Jordano Foods was founded in 1950 in Lewistown, Pennsylvania, by two brothers, Luigi and Mario Jordano. Their parents operated a restaurant in Burnham, Pennsylvania, featuring Italian cuisine. Marie Jordano was famous for her culinary skills. She developed her own recipes for pasta sauce, meatballs, fresh and dry pasta, and other Italian food items. Luigi and Mario worked in a restaurant prior to establishing Jordano Foods. The brothers felt that they could capitalize on the family recipes by selling pasta, sauces, and other related Italian food products to other restaurants in nearby communities in central Pennsylvania.
Their initial venture was so successful that they expanded their product line and began selling their products too small to medium-sized wholesalers and distributors throughout Pennsylvania. They built a plant in Lewistown to produce their food products and subsequently built another plant in Elizabethtown, Pennsylvania, and a warehouse in Mechanicsburg, Pennsylvania.
Current Situation
The 1990s and 2000s were times of signiἀcant growth for Jordano. Mario and Luigi were still active in the company as president/CEO and chairman of the board, respectively. Revenue now exceeded $600 million per year, and a third plant had been built in the western part of Pennsylvania near Uniontown. A group of professional managers has been developed in the company to head up the major functional areas. Tracie Shannon was hired in 2010 to manage the logistics area which had not received much attention.
Tracie realized that the Jordano brothers had managed and developed the manufacturing and marketing functions during the formative years, and these two areas had been considered as cornerstones of the company’s success. Logistics was a relatively new functional area for Jordano, but had received more attention during with Tracie’s vision and leadership. The new vision of Susan Weber for SAB had tremendous potential for all members of their supply chain, including Jordano Foods. Now, Tracie has to help orchestrate the transformation of Jordano.
1. What is your overall evaluation of the potential for Jordano Foods in this new relationship with SAB? Explain your position.
2. What areas of logistics do you think have the most potential for Jordano and SAB to collaborate for the beneἀt of SAB’s customers? Why?

Answers

These areas have the most potential for Jordano and SAB to collaborate for the benefit of SAB’s customers.

1. The potential for Jordano Foods in this new relationship with SAB is very high. The reason behind this statement is the fact that SAB has received a recent tender offer from another larger food distributor to buy the company and several members of their board have recommended that the offer be seriously considered. Susan Weber feels that SAB can continue to improve their "bottom line" with additional changes in service offerings. Ms. Weber is meeting with all of SAB’s major suppliers and customers to discuss new services that SAB can offer to enhance the competitiveness of the SAB supply chain. Thus, the new vision of Susan Weber for SAB had tremendous potential for all members of their supply chain, including Jordano Foods.2. The areas of logistics that have the most potential for Jordano and SAB to collaborate for the benefit of SAB’s customers include supply chain integration, logistics network design, inventory management, and transportation management. Transportation management can be optimized to reduce costs, improve service levels, and reduce delivery times. Therefore, these areas have the most potential for Jordano and SAB to collaborate for the benefit of SAB’s customers.

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Which of the following relers to subsets of an entire market?
O market sets
O potential markets
O target markets
market mixes

Answers

I think it would either be potential markets or target markets but i would probably choose target markets

what are the roots of 3m’s culture of entrepreneurship and innovation? what were the key tenets of this culture as they emerged over time? explain your answers in detail

Answers

The roots of 3M's culture of entrepreneurship and innovation can be traced back to the company's founders and their vision for fostering a culture that encourages experimentation and creativity. The key tenets of this culture, as they emerged over time, include encouraging employee autonomy, promoting a risk-taking mindset, fostering a collaborative environment, and maintaining a long-term perspective on innovation.

3M's culture of entrepreneurship and innovation can be attributed to the vision of its founders, particularly William McKnight and Archibald Bush. They believed in empowering employees and giving them the freedom to explore new ideas. This led to the development of a unique culture that encourages entrepreneurship and innovation.

One key tenet of 3M's culture is employee autonomy. The company encourages employees to take ownership of their work and pursue innovative ideas. This autonomy allows individuals to explore and experiment, fostering a culture of creativity and entrepreneurship.

Another important aspect is the promotion of a risk-taking mindset. 3M recognizes that innovation involves taking risks and accepts that not every idea will succeed. The company encourages employees to learn from failures and embraces a culture where calculated risks are encouraged.

Collaboration is also a fundamental part of 3M's culture. The company fosters an environment where employees from different disciplines can come together, share knowledge, and collaborate on projects. This cross-functional collaboration sparks new ideas and promotes innovation.

Furthermore, 3M's culture of entrepreneurship and innovation is characterized by a long-term perspective. The company understands that innovation takes time and is committed to investing in research and development. This long-term focus allows for sustained innovation and the development of breakthrough technologies.

The roots of 3M's culture of entrepreneurship and innovation lie in the founders' vision and their emphasis on empowering employees. The key tenets of this culture include employee autonomy, a risk-taking mindset, collaboration, and a long-term perspective. These elements have fostered a culture of creativity, experimentation, and continuous innovation within 3M, enabling the company to consistently develop new products and technologies that meet market needs.

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help!!
list 5 importance of freedom​

Answers

Answer:

people can do what they want (with limitations)

people can say what they want (with limitations)

people can believe in what they want

and thats all ive got. good luck on the last two tho

sue invested $15,000 in the abc limited partnership and received a 10 percent interest in the partnership. the partnership had $40,000 of qualified nonrecourse debt and $40,000 of debt sue is not responsible to repay because she is a limited partner. sue is allocated a 10 percent share of both types of debt, resulting in a tax basis of $23,000 and an at-risk amount of $19,000. during the year, abc lp generated a ($230,000) loss. how much of sue's loss is disallowed due to her tax basis or at-risk amount?

Answers

Sue's loss disallowed due to her tax basis or at-risk amount is $4,000.

Sue invested $15,000 in the ABC Limited Partnership and received a 10% interest in the partnership. The partnership had $40,000 of qualified nonrecourse debt and $40,000 of debt for which Sue is not responsible to repay as a limited partner. Sue is allocated a 10% share of both types of debt.

Sue's tax basis is determined by taking into account her investment, her share of the qualified nonrecourse debt, and her share of the debt she is not responsible to repay. In this case, her tax basis is calculated as follows: $15,000 (investment) + 10% of $40,000 (share of qualified nonrecourse debt) + 10% of $40,000 (share of nonrecourse debt) = $23,000.

The at-risk amount is calculated by considering only the qualified nonrecourse debt. Sue's at-risk amount is determined as follows: 10% of $40,000 (share of qualified nonrecourse debt) = $4,000.

Since the partnership generated a loss of ($230,000), Sue's loss disallowed due to her tax basis or at-risk amount is limited to the lower of her tax basis ($23,000) or her at-risk amount ($4,000). Therefore, $4,000 of Sue's loss is disallowed for tax purposes.

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emery mining inc. recently reported $115,000 of sales, $68,500 of operating costs other than depreciation, and $11,800 of depreciation. the company had $16,500 of outstanding bonds that carry a 7.25% interest rate, and its federal-plus-state income tax rate was 25%. how much was the firm's net income? the firm uses the same depreciation expense for tax and stockholder reporting purposes. (round your intermediate and final answers to two decimal places.)

Answers

The company's net income was $25,127.81.

Net Income: What is it?

Net income is the amount that a person or business makes after expenses, reimbursements, and taxes. The amount left over after costs like salaries and wages, the price of goods or raw materials, and taxes have been paid is known as a company's net income.

In the simplest terms, net profit is the sum that is left over after expenses are paid. Either the corporation keeps the revenues as part of retained earnings or common investors can elect to receive dividends on net income. On an annual basis, per fiscal year, net income is frequently estimated.

Net income is defined as an entity's revenue less costs, depreciation and amortization, interest, and taxes for a specific accounting period in both business and accounting.

Sales                                                         $115,000

Less: operating costs                                 $68,500

Less: depreciation                                         $11,800

Earnings before interest and tax                 $34,700

Less: interest expenses ($16,500 * 7.25%) $1,196.25

Earnings before tax                                 $33,503.75

Less: tax (25%)                                         $8,375.94

Net income                                                 $25,127.81

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Select the correct answer.
What is the last step in the market research process?
O Apresenting findings
O B. analyzing information
O c. making decisions
OD. developing a research plan
O E. identifying the problem
Reset
Ne

Answers

Answer:

c. making decisions

Explanation:

The last step in marketing research is decision making.  This step involves presenting findings, drawing conclusions, and deciding on the course of action to take.

The objective of any research is the get solutions to a challenge. The time and resources used in the research will go to waste if the recommendations are not implemented. While all the research steps are critical, failing to act on the findings makes the entire process worthless. Market research is a strong input to a business decision.

Answer:

uhm see now making a decision is the last thing to do

Explanation:

y bc uh u plan then decide

Give all start up costs for opening a salon that has 8 workers and that does everything hair and wax related. Include the quantities for each item and the pricing

Answers

Start-up expenses are the costs a business spent or incurred to establish an active trade or business, or to research establishing or acquiring an active trade or business

What is meant by Start-up costs?Start-up expenses are the costs a business spent or incurred to establish an active trade or business, or to research establishing or acquiring an active trade or business. Start-up costs should always be expensed as they are incurred, even though this determination can be somewhat subjective. Typically, start-up costs encompass any expenditure made before a business starts to turn a profit. Startup activities are essentially expensed as they are incurred in the accounting process. Although the guidelines are straightforward, the main concern is not assuming that other charges that are comparable to start-up costs should be treated the same manner.

Rent/Lease for the salon space: $2,000 - $10,000

Build-out costs: $5,000 - $15,000

Equipment and supplies:

8 stations, chairs, and mirrors: $5,000 - $10,000

8 styling stations (styling chairs, styling stations, styling tools): $8,000 - $15,000

8 hair dryers: $4,000 - $6,000

8 hair washing stations: $8,000 - $12,000

8 hair cutting stations: $8,000 - $12,000

8 waxing stations: $8,000 - $12,000

Hair color, waxing, and other supplies: $5,000 - $10,000

Marketing and advertising costs: $2,000 - $5,000

Legal and accounting fees: $1,500 - $3,000

Insurance (liability, property, and worker's compensation) $2,000 - $5,000

Employee salaries: $8,000 - $12,000

Miscellaneous costs (utilities, phone, internet, etc): $5,000 - $10,000

Please take note that these figures are only approximations and that prices can change depending on location and other variables.

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Find a government regulation imposed by the commonwealth of virginia that addresses a market failure. identify the agency that enforces the regulation and describe how it protects consumers, workers, or the environment.

Answers

The Virginia Consumer Protection Act was first proposed in 1977. The intent behind this act is to promote fair and ethical standards of dealings between suppliers and the consuming public. The Act covers a number of consumer transactions. It includes advertising, and the sale of goods and services for personal or household uses.

A consumer is a person who acquires and uses or consumes a product for their own use. Consumers cannot resell goods, products, or services, but they can consume them to earn a living or self-employment. Consumer definition. Consumers are the end users of goods and services.

Consumers in the food chain are animals that eat organisms from another population. Consumers are heterotrophs and producers are autotrophs. Both are organisms that draw energy from other organisms. Consumer means an individual or group who intends to order or use the purchased goods, products, or services primarily for personal, social, familial, domestic, and similar needs. Yes, and not directly related to entrepreneurial or business activities.

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Please help
9. Describe preventing/controlling risk in relation to how businesses deal with each of the
following:
a. Safety-
b. Security-
c. Employee incompetence-
d. Product selection-
e. Credit-
f. Changes-
g. Weather extremes-

Answers

a. Safety - Businesses can prevent and control risks related to safety by implementing safety protocols and guidelines, providing adequate training to employees, regularly inspecting equipment and facilities, and promptly addressing any safety concerns.

b. Security - Businesses can prevent and control risks related to security by implementing access control measures, using security cameras and alarms, regularly reviewing and updating their security policies, and training employees on how to identify and respond to security threats.

c. Employee incompetence - Businesses can prevent and control risks related to employee incompetence by providing thorough training and development programs, setting clear performance expectations, and regularly monitoring employee performance and providing feedback.

d. Product selection - Businesses can prevent and control risks related to product selection by conducting thorough research on products, identifying potential risks and liabilities associated with them, and regularly reviewing and updating their product selection policies.

e. Credit - Businesses can prevent and control risks related to credit by establishing credit policies and procedures, conducting credit checks on customers, setting credit limits, and regularly monitoring accounts receivable.

f. Changes - Businesses can prevent and control risks related to changes by conducting thorough risk assessments before implementing any changes, communicating changes to stakeholders, establishing contingency plans, and regularly reviewing and updating their change management policies.

g. Weather extremes - Businesses can prevent and control risks related to weather extremes by implementing weather emergency protocols, regularly monitoring weather forecasts, having emergency supplies on hand, and regularly reviewing and updating their weather emergency plans.

\( \: \)

Final answer:

Preventing and controlling risk in business involves implementing various strategies for different aspects such as safety, security, employee competence, product selection, credit, changes, and weather extremes.

Explanation:Preventing/Controlling Risk in BusinessSafety: Businesses can prevent safety risks by implementing safety measures such as providing proper training, enforcing safety protocols, and conducting regular inspections.Security: Businesses can control security risks by installing security systems, implementing access control measures, and conducting background checks on employees.Employee incompetence: Businesses can prevent employee incompetence risks by providing comprehensive training programs, establishing clear performance expectations, and conducting periodic performance evaluations.Product selection: Businesses can control product selection risks by conducting thorough market research, partnering with reputable suppliers, and performing product testing.Credit: Businesses can prevent credit risks by setting strict credit policies, conducting credit checks on customers, and implementing effective collection procedures.Changes: Businesses can control risks associated with changes by implementing change management strategies, communicating effectively with stakeholders, and conducting impact assessments.Weather extremes: Businesses can prevent or mitigate risks associated with weather extremes by implementing weather monitoring systems, having emergency response plans in place, and investing in appropriate insurance coverage.

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Your budget can help you keep track of
take in versus how much you spend.
OA. rate of return
OB. discretionary income
C. cash flow
OD. net worth
which is how much money you
SUBMIT

Answers

Your budget can assist you in keeping track of money. That is cash Flow. A company's cash flow is a measure of how much money it brought in or spent over a period of time.

What is the primary objective of cash flow?

The goal of a cash flow statement is to show what occurred to a company's cash during a specific time period, known as the accounting period.

It displays an organization's ability to operate in the short and long term, based on the amount of money moving in and out.

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Answer:C

Cash flow

Explanation:

The following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question. Be sure you clearly identify the independent and dependent variables. Then briefly discuss whether a linear model is reasonable for the situation described.
The price of a particular model car is $ 20,000 today and rises with time at a constant rate of $500 per year. How much will a new car of this model cost in 4 years?

Answers

For this equation, The independent variable is time​ (t), in​ years, and the dependent variable is the price​ (p), in dollars.

How to find?

The price(p) of a particular model car is ​$20,000 today and rises with time(t) at a constant rate of ​$500 per year.

The classification of variables are as follows.

Independent Variable-Time(t)

Dependent Variable-Price(p)

The linear function is given as:

p=20000+500t

Since there is a certain increase in price per year, a linear function is reasonable for the given scenario.

So, in 4 years-

Cost of a New Car of same model-

P =20,000+ 500(4)=$22,000

Hence, the cost of the car of this model cost in 4 years would be 22,000$.

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Choose the best sentence closer to complete the sentence below.

Dianna adopted two dogs from the animal shelter

Please select the best answer from the choices provided

since she was allergic to them

because she couldn't decide between them

O although she loves dogs

after deciding to get a new cat

Answers

The best sentence to complete the sentence "Dianna adopted two dogs from the animal shelter" is "although she loves dogs." This sentence provides a logical and fitting ending to the statement since it shows that Dianna has an affinity for dogs. By choosing this sentence, it suggests that Dianna adopted the dogs out of love and compassion rather than necessity or indecisiveness.

The word "although" is a conjunction that shows a contrast between two ideas, making the sentence more complex and interesting. This word provides insight into the motivation behind Dianna's adoption, which was likely driven by her love for dogs despite any challenges that may come with owning them. This sentence also sets up an expectation that there may be more to the story than meets the eye, making the reader more curious to find out what happens next.

In summary, "although she loves dogs" is the best sentence to complete the sentence "Dianna adopted two dogs from the animal shelter." It provides a fitting ending that highlights Dianna's love for dogs and creates intrigue for the reader to continue reading the story.

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List at least one discretionary expense listed on the bank statement or check register

Answers

Answer:

overdraft fees

not 100% sure, but hope that helps

if the cross-price elasticity of hamburgers and ketchup is â0.6, and the price of hamburgers increases by 50%, how would be the percentage change in the quantity of ketchup demanded?

Answers

The percentage change in the quantity of ketchup demanded would be -30%.

By "cross-price elasticity," what do you mean?

Cross demand elasticity describes how changes in one good's pricing might impact how much of another is demanded. Depending if the two items are complementary, substitutable, or unrelated to one another, this connection may change. The cross elasticity of demand, also known as the cross-price elasticity of demand, in economics quantifies the relationship between the percentage change in the quantity of a commodity sought and the percent change in the price of some other good, ceteris paribus.

We know that

\(\mathrm{E_c = \dfrac{\% \text{ change in demand of hamburgurs }}{\% \text{ change in price of ketchup}} }\)

\(\mathrm{-0.6 = \dfrac{\% \text{ change in demand of ketchup }}{50\% } }\)

\(\mathrm{\text{ change in demand of ketchup } = -0.6 \times 50\% }\)

\(\mathrm{\text{ change in demand of ketchup } = -0.3 }\)

change in demand of ketchup  = - 30%

Thus, the percentage change in the quantity of ketchup demanded would be -30%.

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What does the concept of scarcity explain?choose three answers

Answers

The concept of scarcity explains:

why consumers are willing to pay high prices for items.why decisions must be made on how to use resourceswhy a single resource has more value than another resource.

Scarcity as an economic idea "refers back to the basic reality of lifestyles that there exists most effective a finite quantity of human and nonhuman resources which the first-rate technical expertise is capable of the usage of to provide most effective restricted most amounts of each economic appropriate. shortage in economics refers to whilst the call for for a resource is greater than the deliver of that aid, as assets are limited. shortage consequences in purchasers having to make selections on how high-quality to allocate assets a good way to satisfy all simple needs and as many desires as feasible. shortage refers back to the confined availability of a useful resource in contrast to the infinite desires. shortage may be with appreciate to any natural assets or with admire to any scarce commodity. scarcity can also be called paucity of sources.

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Answer:

why consumers are willing to pay high prices for items.

why decisions must be made on how to use resources

why a single resource has more value than another resource.

Explanation:

why a product could lose significant value over time.

why people continue to purchase different products.

why consumers are willing to pay high prices for items.

why decisions must be made on how to use resources

why resources can be both renewable and nonrenewable.

why a single resource has more value than another resource.

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Assessing what fundamental organizational culture properties affect project successes and failures, or become a hindrance to project teams, is a part of the retrospectives methodology.

Answers

It is true that assessing what fundamental organizational culture properties that affect project successes and failures or become a hindrance to project teams is a part of the retrospectives methodology.

What is Culture?

Culture refers to the ways of life that include arts, beliefs, and institutions passed down from one generation to other.

The organizational review assesses what fundamental organizational culture properties affect project successes and failures or become a hindrance to project teams.

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On the Income Statement, which of the following would be classified as a variable cost? Select: 1
O Depreciation Expense
O Promotion Expense
O R&D Expense
O Direct Labor Expense

Answers

On the Income Statement, Promotion Expense would be classified as a variable cost.

What does Variable cost mean?

Variable cost is a type of cost that changes in proportion to the quantity of goods or services produced or sold. Variable costs are expenses that vary with changes in either the volume of output produced or the amount of service provided. Examples of variable costs include raw materials, wages of production workers, sales commissions, and fuel expenses.In contrast, fixed costs are costs that remain constant regardless of the volume of output produced and service provided. Examples of fixed costs include rent, insurance, depreciation, and administrative salaries.

What does Fixed cost mean?

Fixed cost is a cost that does not change with an increase or decrease in the volume of goods or services produced. It refers to a cost that is the same regardless of the amount produced, such as rent, insurance, or salaries. It is also referred to as a sunk cost, as the cost has already been incurred and cannot be changed.Examples of fixed costs include rent, salaries, insurance, and interest on loans. These costs do not increase or decrease depending on the level of production.

Therfore the correct option is B. Promotion Expense.

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discuss four circumstances under which state control of private business are justified​

Answers

To prove this, let the reader examine almost any of the new or recently re- ... power in the state to control and regulate private property and private ... were neither numerous, nor, under the circumstances of the country ...
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