Suppose a monopolist is characterized as follows: P = 1200 − 5Q demand curve for the monopolist C = 8600 + 24Q + \(Q^2\) total cost function for the monopolist MC = 24 + 2Q marginal cost function for the monopolist. To maximize its profit, the monopolist should produce 200 units of output.
To find the optimal output level, we need to set marginal revenue (MR) equal to marginal cost (MC). The monopolist's MR is given by the derivative of the demand curve, which is MR = 1200 - 10Q. Setting MR equal to MC (24 + 2Q), we get: 1200 - 10Q = 24 + 2Q
Solving for Q, we get Q = 88. To check if this is a maximum, we need to make sure that the second derivative of the profit function (which is equal to MR - MC) is negative at Q = 88. Taking the second derivative, we get:
d^2(1200Q - 5Q^2 - 8600 - 24Q - \(Q^2\) )/d\(Q^2\) = -6
Since this is negative, we know that Q = 88 is a maximum. However, since we can only produce whole units of output, we need to round down to the nearest integer, which gives us 200 units of output.
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true or false, to advance the progress completion percentage in a smartbook assignment, only one question per concept must be answered correctly
Answer:
FalseExplanation:
A SmartBook assignment's progress completion % may not always be dependent on correctly answering just one question per idea. The requirements for increasing a SmartBook assignment's progress completion percentage can change based on the particular assignment, the course, and the instructor. It could be determined by properly answering a predetermined number of questions overall, a predetermined number of questions in each topic area, or by doing a predetermined number of activities or evaluations inside the assignment. The easiest way to find out the precise requirements for raising the progress completion percentage in a SmartBook assignment is to study the assignment instructions or speak with the instructor.
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Classify the different options given as goods or services.
haircut
computer hardware
vacation package
washcloth
taxi
housekeeping
car engine
haircut- services
computer hardware- goods
vacation package- goods
washcloth- goods
taxi- services
housekeeping- services
car engine- goods
In the context of business, the given options classify as follows: haircut, vacation package, taxi ride, and housekeeping are services, while computer hardware, washcloth, and car engine are goods. These definitions are based on whether you can physically touch the item (good) or it's a value-providing activity (service).
Explanation:In business, goods and services is a fundamental concept that helps to distinguish different components of economic activity. Goods are tangible items that we can physically touch. Services are intangible activities which provide some kind of value without producing a physical product.
A haircut is a service because it is an activity that provides value but you can't physically touch it. Computer hardware is a good because it is a tangible item that you can physically touch it. A vacation package is a service because it is an activity that provides value but you can't physically touch it. A washcloth is a good because it is a tangible item that you can physically touch. A taxi ride is a service because it is an activity that provides value but you can't physically touch it. Housekeeping is a service because it provides value through activity but doesn't result in a product you can touch. A car engine is a good because it is a tangible item that you can physically touch. Learn more about Goods And Services here:
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In the United States, there are various forms of economic oversight that are performed by the government. Sometimes the government will step in when they feel the need to encourage competition in a particular industry and to break up companies that have nearly complete control over a particular market. What is this called when the government initiates action against companies that appear to have too much power?
Antitrust laws initiate action against companies that appear to have too much power.
Antitrust laws are rules that promote competition by restricting a firm's ability to dominate the market. This frequently entails dismantling monopolistic enterprises as well as making sure mergers and acquisitions don't excessively concentrate market power.
Additionally, cartels or groups of companies working together to restrict competition through tactics like price fixing are prohibited by antitrust laws. Antitrust law has developed into distinct legal expertise as a result of the difficulty in determining what actions may restrict competition.
Federal antitrust laws are currently enforced by the Federal Trade Commission, often in cooperation with the Department of Justice.
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The time for one rotation of the Moon is 27.3 days. What is the time revolution for the Moon?
24 hours
365 days
27.3 days
24 days
The moon revolves around the Earth for 27 days, 7 hours, and 43 minutes. Revolving is basically rotating so your pretty much correct.
Answer: 27.3 days
Explanation:
Which of the following is NOT an area of jurisdiction for the provincial governments?
wait times for cancer treatment
wage rates for overtime work at The Bay
a law regulating bank interest rates
rules for obtaining a driver's license
courses required for high school graduation
The area of jurisdiction that is NOT under provincial government authority is a law regulating bank interest rates.
Among the areas mentioned, the regulation of bank interest rates is not typically within the jurisdiction of provincial governments. This responsibility generally falls under the federal government's purview or is overseen by central banking authorities. Bank interest rates are typically regulated at a national level to maintain consistency and stability within the financial system. The federal government or relevant regulatory agencies are responsible for establishing policies and regulations related to interest rates, including setting limits or guidelines for banks and financial institutions.
The other areas mentioned are typically within the jurisdiction of provincial governments. Wait times for cancer treatment are managed by provincial healthcare systems, and provincial governments have the authority to implement policies and allocate resources to improve access and reduce wait times. Wage rates for overtime work at specific businesses, such as The Bay, fall under provincial employment standards and labor laws, which govern various aspects of employment, including overtime wages. Rules for obtaining a driver's license are typically established and enforced by provincial transportation authorities, ensuring that drivers meet certain requirements and adhere to specific regulations. Lastly, courses required for high school graduation are determined by provincial education ministries or school boards, which have jurisdiction over curriculum development and graduation requirements within their respective provinces.
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which of the following sentences in this language are generated by this grammer?
If you can provide the grammar rules or specify the language you are referring to, along with the sentences in question, I would be happy to assist you in determining which sentences can be generated by the given grammar.
Grammar rules define the structure and syntax of a language, dictating how words and phrases can be combined to form grammatically correct sentences. By analyzing the rules and applying them to the given sentences, it is possible to determine if the sentences are generated by the grammar or not. However, without the specific grammar rules and sentences, it is challenging to provide a comprehensive answer. Please provide more details.
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What does a fresh, modern interior and clear sense of style LEAST affect when a
new customer walks into a salon?
(1 point)
a tone
a price point
an expectation
a standard
Option B. A fresh, modern interior and clear sense of style least affect the price point when a new customer walks into a salon.
What does a fresh, modern interior and clear sense of style LEAST affect when a new customer walks into a salon?The price point typically reflects the cost of the salon's services and products and is determined by various factors such as the location, level of expertise of the staff, quality of products used, and other overhead costs.
While a stylish and modern salon interior can influence a customer's perception of the salon, it is unlikely to affect the price point of the services offered.
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who wants to make a call??
Answer:
Zoom you mean?
Explanation:
Answer:
I want to call my mom,lol
Identify Four Specific Items Relating To Vacation Leave And Vacation Pay That Will Have To Be Addressed In The Policy To Ensure Compliance With The Employment/Labour Standards In Each Jurisdiction.
SCENARIO Your organization is an chemical supplier with employees in the following jurisdictions: • Manitoba • Prince Edward Island • Yukon The organization is planning to implement a company-wide policy with respect to vacation leave and vacation pay that provides the same benefits to all employees, regardless of their province of employment. As the Payroll Manager, provide Cindy Xi, the Finance Manager, with the following information: • Identify four specific items relating to vacation leave and vacation pay that will have to be addressed in the policy to ensure compliance with the employment/labour standards in each jurisdiction.
As the Payroll Manager of the chemical supplier organization that operates in Manitoba, Prince Edward Island, and Yukon, you need to provide the Finance Manager Cindy Xi with four specific items relating to vacation leave and vacation pay that have to be addressed in the policy to ensure compliance with the employment/labour standards in each jurisdiction.
Below are four specific items that relate to vacation leave and vacation pay that must be addressed in the policy to ensure compliance with the employment/labour standards in each jurisdiction:
1. Minimum length of service before eligibility for vacation: It is important to mention how long an employee should work for the organization before they become eligible for vacation leave. The minimum length of service before becoming eligible for vacation is different in each jurisdiction and is an essential point to be included in the policy.
2. Accrual of vacation pay: The policy must mention the rate at which vacation pay is accrued. In some jurisdictions, vacation pay is calculated as a percentage of earnings, while in others, it is calculated based on the hours worked.
3. Vacation pay calculation: The policy should specify how vacation pay is calculated, based on the employee's average earnings over the period immediately preceding their vacation. The average earnings period is different in each jurisdiction and must be included in the policy.
4. Vacation scheduling: The policy must include how vacation scheduling is done. Employees may have the right to request vacation leave at a specific time or may have to provide a specific period of notice before taking vacation. The number of employees who can take vacation at the same time may also be restricted based on the organization's needs. Therefore, the policy must address this issue.
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Which of the following is NOT an organization to protect consumers?
The American Red Cross
The U.S. Food and Drug Administration
Federal Trade Commission
Better Business Bureau
Answer:
It might be D- whic
Maria Jensen, an insurance agent, earns a 40% commission on her sales. If Maria earned a commission of $1,500 in her first week on the job, what were her total sales for the week?
Maria Jensen is an insurance agent who earns a commission of 40% on her sales. In her first week on the job, Maria earned a commission of $1,500.
We can solve the problem by using the formula below;
C = P x Rwhere;C = Commission earnedP = Total salesR = Commission rate
Maria's commission rate is 40%. That means the commission she earned represents 40% of the total sales.
We can represent the total sales with the letter "S." We can,
herefore, write an equation below to represent the information given in the problem;
1,500 = 0.40S
We can solve for S by dividing both sides of the equation by 0.40;1,500/0.40 = S3750 = S
Total sales for the week were $3,750.
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1. The current exchange rate between the Japanese Yen and the US Dollars is 80:1. If a new
3D TV set in Tokyo costs 80,000 yen, how many US Dollars would you need to purchase the
TV?
Answer:
1,000 US dollars
Explanation: 80,000 divided by the 80-1 ratio would equal 1000$
80,000/80=1000
The current exchange rate between the Japanese Yen and the US Dollars is 80:1. You would need 1,000 US dollars to purchase the TV.
What is exchange rate?The price at which one currency will be traded for another is known as the exchange rate. Most often, currencies are national ones, but they can also be supra-national ones like the euro or sub-national ones like Hong Kong.
The rate at which one currency will be exchanged for another is known as the exchange rate. Some exchange rates are linked or fixed to the value of a particular country's currency, however most exchange rates are floating and will increase or decrease depending on market supply and demand.
You would need 1,000 US dollars to purchase the TV.
80,000 divided by the 80-1 ratio = 1000$
80,000/80=1000
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Of the following, what is the most useful objective for Purina cat food?
a) To increase sales of Purina brand cat food from $300 million to $345 million.
b) To increase sales of Purina brand cat food.
c) To increase sales of Purina brand cat food by 15 percent over 2010 sales of $300 million.
d) To increase sales of Purina pet food.
e) To increase sales of Purina brand cat food between January 1, 2010, and December 31, 2010.
The most useful objective for Purina cat food would be option (c) "To increase sales of Purina brand cat food by 15 percent over 2010 sales of $300 million."
This objective is specific, measurable, achievable, relevant, and time-bound (SMART). It sets a clear target for the increase in sales of Purina cat food and provides a baseline from which to measure progress. Additionally, the objective is relevant to the business's goals of increasing sales and profits, and it is time-bound by setting a deadline for achieving the sales increase.
Options (a), (b), (d), and (e) are not as useful as they are not as specific, measurable, or time-bound. Option (a) provides a specific target, but it does not provide a baseline for measuring progress. Option (b) lacks specificity and a measurable target. Option (d) is too broad and does not focus specifically on cat food sales. Option (e) is too limited in its time frame and does not provide a specific target.
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Due to recent political and economic events, general prices of goods and services are expected to increase significantly over the next five years. you were about to purchase a five-year bond. you now require a higher return on the bond than you did before you found out about these expected price increases. determine which of these fundamental factors is affecting the cost of money in the scenario described: inflation time preferences for consumption risk?
a. Inflation
b. Time preference for consumption
c. Risk
Inflation is the fundamental factor affecting the cost of money in the scenario described. The expected increase in prices due to inflation reduces the purchasing power of money and erodes the value of fixed-income investments such as bonds. Option(a).
The fundamental factor that is affecting the cost of money in the scenario described is inflation. Inflation is the rate at which the general price level of goods and services in an economy is increasing over time, which reduces the purchasing power of money.
Inflation erodes the value of fixed-income investments such as bonds, as the nominal interest rate paid on the bond may not keep pace with the rising prices of goods and services.
As a result, investors require a higher return on their investments to compensate for the expected loss of purchasing power due to inflation.
In contrast, time preference for consumption refers to the preference of individuals to consume goods and services in the present rather than in the future, and risk refers to the uncertainty associated with the return on an investment.
While both time preference for consumption and risk can affect the cost of money, in the given scenario, the expected increase in prices due to inflation is the primary factor affecting the required return on the bond.
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What kind of contracts can a developer enter into if they have obtained an interim report?
Non-binding contracts can a developer enter into if they have obtained an interim report.
What is contract?
An agreement between two or more people to do something is referred to as a contract. Two or more parties must agree to the terms of the agreement in order to create a legally binding commitment.
The term non-binding contracts are not included the legally obligated. The parties are agree to terms and conditions but, not sign the agreement. Basically are not written contract and not interference to the law. The obtained an interim report to the developer of the non-binding contracts.
As a result, the non-binding contracts are enter into if they have obtained an interim report.
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20 points!
Which sentence indicates that Brian has instituted a loyalty program?
(1) Brian runs a juice bar that sells fresh juice products. (2) He hopes customers will drink the juices to stay healthy. (3) He offers a free juice for every customer who buys nine juices. (4) He also advertises the health benefits of fresh juice. (5) He hopes such an advertisement will attract new customers.
Answer:
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Explanation:
A customer loyalty program or rewards program is a marketing strategy that rewards loyal customers that frequently engage with a brand.
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Answer:
Offers free juice.....
Explanation:
correct on test
which is the most accurate statement regarding the relationship between having money and experiencing happiness?
The most accurate statement regarding the relationship between having money and experiencing happiness is that there is a positive correlation between two, but only up to a point. After reaching a income level, additional money does not bring as much happiness as it did before.
The relationship between having money and experiencing happiness has been a topic of discussion for years. While money can provide a certain level of comfort and security, it is not the sole factor in determining one's happiness.
The idea that money can buy happiness has been largely debunked by research studies, which have found that happiness does not increase linearly with income. In fact, the relationship between money and happiness is more complex than that
Other factors, such as social connections, a sense of purpose, and physical and mental wellbeing, also play a role in determining one's happiness. Therefore, while having money can certainly contribute to one's overall well-being, it is not the sole determinant of happiness.
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a company with a complex capital structure calculates only basic earnings per share true/false
False, a company with a complex capital structure calculates both basic earnings per share (EPS) and diluted earnings per share.
False, a company with a complex capital structure calculates both basic earnings per share (EPS) and diluted earnings per share. The complex capital structure often includes securities that can be converted into common shares, such as convertible bonds or stock options. using a variety of securities as opposed to only depending on one type of common stock. A business with a complicated capital structure may include numerous different types of common stock classes, each of which has a separate set of voting rights and dividend rates.
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What economic doctrine guided Congress and presidents in the Gilded Age, causing them to oppose government regulation of business ?A. laissez-faireB. build a society of small farms as well as industrialize.C. wheatD. Abilene, Kansas
The economic doctrine that guided Congress and presidents in the Gilded Age, causing them to oppose government regulation of business is: A. laissez-faire.
What was importance of laissez-faire during Gilded Age?Laissez-faire merged the principles of limited government and the free market with some Social Darwinist ideas. Liberals believed that competition was necessary for progress by applying Charles Darwin's theory of evolution to human institutions.
Any measures that interfered with complete freedom (defined as the freedom to buy and sell your labor and property in any way you chose) were antithetical to natural selection and hampered civilization's progress.
During the Gilded Age, this belief that laissez-faire capitalism produced the best results for society clashed with reformers' and labor unions' efforts to limit big business's influence.
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Retailers provide value to product manufacturers by:.
Answer:
allowing manufacturers to focus on product development and production.
Explanation:
Hope it helps.
There are two goods, X and Y, and their marginal utiliy is as follow:Units of X. MU of X. Units of Y. MU of Y1. 10. 1. 82 8. 2. 73. 6. 3. 64 4. 4. 55. 3. 5. 46. 2. 6. 3If the income is $9 and the prices of X and Y are $2 and $1, respectively, what quantities of each will you purchase in order to maximize utility? What total utility will be realized? Assume that, other things remaining unchamged, the price of X falls to $1. What quantities of X and Y will now be purchased? Using the two prices and quantites for X, derive a demand schedule for X.
In order to maximize utility, you would purchase 4 units of X and 6 units of Y. The total utility realized will be 24.
Marginal utility refers to the additional satisfaction or benefit that a consumer derives from consuming one additional unit of a particular good or service. In other words, it is the change in total utility that results from consuming one additional unit of a good or service.
Marginal utility is an important concept in economics because it helps explain how consumers make decisions about what to consume and how much to consume. As a general rule, the more of a good or service a consumer consumes, the lower the marginal utility of each additional unit. This is known as the law of diminishing marginal utility.
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What kind of businesses would take your property and hold it for you, with the expectation of giving it back in the same or better condition?
Answer: Storage business
Explanation: Non-transitory, semi-permanent or long-term, containment, holding, leaving, or placement of goods or materials, usually with the intention of retrieving them at a later time. It does not include the interim accumulation of a limited amount during processing, maintenance, or repair.
a blockchain can be used to record transaction information to a ledger that contains digital _____ contracts.
A blockchain is a decentralized digital ledger that allows for secure and transparent record-keeping of transactions. This technology is often associated with cryptocurrencies such as Bitcoin, but it has many potential use cases beyond just digital currency.
One of the key features of a blockchain is its ability to store digital contracts or smart contracts. Smart contracts are self-executing contracts with the terms of the agreement written directly into lines of code. These contracts are stored on the blockchain and automatically enforce the terms of the agreement when certain conditions are met.
Smart contracts can be used in a variety of industries to automate and streamline business processes. For example, they can be used in supply chain management to automatically trigger payments when certain conditions are met, or in real estate to automatically transfer ownership of a property when the conditions of the sale are met.
The use of smart contracts on a blockchain allows for greater transparency and security in transactions, as all parties involved can see the terms of the contract and the details of the transaction in real-time. Additionally, the use of blockchain technology eliminates the need for intermediaries such as banks or lawyers, which can reduce costs and increase efficiency.
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When economists refer to a production cost that has already been committed and cannot be recovered, they use the term:.
When economists refer to a production cost that has already been committed and cannot be recovered, they use the term Sunk Cost.
Sunken expenditures are past-due expenses that have not been recovered. Sunk expenses are frequently ignored in company since it is believed that they are unrelated to present and future financial issues. Relevant costs, which are expenses for the future that have not yet occurred, contrast with sunk costs.
A psychological barrier known as the sunk cost fallacy prevents people from abandoning failed projects merely because they have committed money in them. Salary expenses, insurance, rent, nonrefundable deposits, or repairs are examples of sunk costs, provided each of those expenditures is not recoupable. A sell-or-process-further choice, which refers to things that may be sold as-is or can be produced further, excludes sunk costs.
Option D is the correct answer.
The complete question is, "When economists refer to a production cost that has already been committed and cannot be recovered, they use the term.
a. implicit cost
b. explicit cost
c. variable cost
d. sunk cost"
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The HVAC equipment cost and installation are $100,000 and the annual maintenance cost of the HVAC system is $10,000, where the annual energy cost savings is $45,000 and the salvage value of the equipment after 5 years is $20,000. Considering the annual Interest rate: of 12% and Tax rate: of 34%, Calculate the net present work (NPW) and rate of return (ROR) for the energy efficiency project for 6 years period. (use MACRS depreciation method).
To calculate the net present worth (NPW) and rate of return (ROR) for the energy efficiency project, we can follow these steps:
1. Calculate the annual cash flows: Subtract the annual maintenance cost from the annual energy cost savings. In this case, the annual cash flow is $45,000 - $10,000 = $35,000.
2. Calculate the annual depreciation expense using the MACRS depreciation method. This will depend on the specific depreciation schedule for the HVAC equipment.
3. Calculate the annual tax savings due to depreciation: Multiply the depreciation expense by the tax rate. This will give you the amount of taxes saved each year.
4. Calculate the net cash flow for each year: Subtract the annual cash flow from the annual tax savings due to depreciation.
5. Determine the present value factor (PVF) for each year: The PVF is calculated using the formula (1 + interest rate)^-n, where n is the number of years.
6. Calculate the present value of each net cash flow: Multiply the net cash flow for each year by the corresponding PVF.
7. Calculate the net present worth (NPW): Sum up the present values of all the net cash flows.
8. Calculate the rate of return (ROR): Divide the NPW by the initial investment cost ($100,000) and multiply by 100 to get a percentage.
In conclusion, by following the steps outlined above, you can calculate the net present worth (NPW) and rate of return (ROR) for the energy efficiency project over a 6-year period. This will help you evaluate the financial viability of the project.
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Pam's business earns 33,000 per month. Pam's non-employee expenses are $13,500 per month. If Pam wants $4,500 in profit per month, how many employees can she employ if each employee costs $3,000 per month?
The number of employee that she can employ if each employee costs $3,000 per month is 5 employees.
Using this formula
Number of employee=Business amount earn per month-Non -employee expenses per month-Profit per month/Employee cost
Let plug in the formula
Number of employee=$33,000-$13,500-$4,500/3,000
Number of employee=$15,000/3,000
Number of employee=5 employees
Inconclusion the number of employee that she can employ if each employee costs $3,000 per month is 5 employees.
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John is going to the store. His house is located 3 miles south and 4 miles east from the store, as shown below. What is the shortest distance from his house to the store? Explain your reasoning.
Answer:
To find the shortest distance from John's house to the store, we need to use the Pythagorean theorem.
Let's label John's house as point A, and the store as point B. Then, we can draw a right triangle with sides 3 miles (south) and 4 miles (east). The hypotenuse of this triangle will represent the shortest distance from John's house to the store.
Using the Pythagorean theorem, we can find the length of the hypotenuse:
c^2 = a^2 + b^2
c^2 = 3^2 + 4^2
c^2 = 9 + 16
c^2 = 25
c = 5
Therefore, the shortest distance from John's house to the store is 5 miles.
Workplace diversity describes differences among workers in any of the following areas:
attitude
education
ethnicity
industry
Answer:
industry because here based the all the business in whole world
Why might'some people still prefer manually saving their money
manually transfer or deposit money into their savings account?
People prefer to do things the way they want. A lot or some people still prefer manually saving their money because;
They do not know much about banking or the importance of having a savings account.They need Emergency funds.So as to Keep track of their spending. Avoid using credit to pay one's billsWhy do people find it difficult saving money? Many would not be about to track your spending when it comes to saving and as such they become difficult when ask to save it.A lot of people do not want to pay the bank charges and so do not want to open an account. Many also are not aware of the importance of saving in a bank. Awareness to the people therefore will handle the issue of manual savings.
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if the coupon interest rate remains constant from the time of issue until the bond matures, then the bond is called a bond.:
Answer:
2 is a global measure taken to prevent wastage of water from the point of view of the spectator as well as the player of the earth to the ground in the coastal regions prevents the seawater immersion into the freshwater of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the