The quantity of a product that will be offered to the market by a supplier at various prices for a specified period is known as the supply of the product.
Supply is an important factor in the determination of the price of a product in the market. It refers to the amount of a product that producers are willing to sell at different prices. The supply of a product is determined by various factors such as the cost of production, availability of raw materials, technology, government policies, and competition.
The relationship between supply and demand is a critical factor in determining the market price of a product. If the demand for a product is high, and the supply is low, the price of the product increases. On the other hand, if the supply of a product is high and the demand is low, the price of the product decreases. Therefore, suppliers need to determine the right amount of product to offer to the market to achieve the best possible price and maximize profits.
the quantity of a product that will be offered to the market by a supplier at various prices for a specified period determines the supply of the product. It is a critical factor in determining the price of a product in the market and helps suppliers to maximize profits.
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draw a point on the outcome of a cap and trade system that requires an efficient amount of emissions label it 1
Point 1 represents the efficient equilibrium in a cap and trade system where total emissions align with the set cap, promoting a balance between environmental sustainability and economic growth through trading of emission permits.
In a cap and trade system that aims to achieve an efficient amount of emissions, the point labeled as "1" represents the desired outcome where the total emissions in the system align with the set emissions cap. At this point, the level of emissions corresponds to the efficient equilibrium, where the social cost of emissions is equal to the marginal cost of reducing emissions. This efficient level of emissions helps strike a balance between environmental sustainability and economic growth.
By placing a cap on total emissions and allowing for trading of emission permits, the system encourages industries to find cost-effective ways to reduce their emissions and promotes the efficient allocation of resources towards cleaner technologies and practices.
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Definition for crime and violence
Answer:
Crime can therefore be defined as a violation of the law and an act of deviance from established rules, or a non-commission of an action that is required by law. Violence, on the other hand, is an act of physical aggression that in most cases results in harm.
LEAP Communications Technology has subsidiaries in each country in which it does business. As the parent company, LEAP runs its research and development department from its home country. As a result, each foreign subsidiary remains dependent on it for new products, processes, and ideas. This illustrates the _____ model for global strategy.
Answer:
International.
Explanation:
This can be explained to be the strategies and plans that a business has put in place to mark bedrocks that his business is strong to ply its trades across the borders of its home country.
This is seen to occur in past decades, even smaller companies have been able to cross national borders and do business abroad. In as much as there have been conditions that have been given to companies operating in multiple nations across the globe which ranges from multinationals, global businesses through transnational companies, international firms too. This is why LEAP communications in the context above as the parent company, LEAP runs its research and development department from its home country.
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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After a bank reconciliation has been completed these transactions are listed as ____ to the cash balance? ? need help taking A p e x quiz now!!! don't have time to be chasing a link!
A. Journal entries
B. Credits
C. Adjustments
D. debits
Answer:
A
Explanation:
After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.
Once the balances are equal, businesses need to prepare journal entries for the adjustments to the balance per books.
Answer:The answer is C
Explanation:
Just took the test
which word best describes the writing process in business writing ?
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
Help if yk pls and thank uu
Answer:
option 2 is the correct answer
A supermarket building was purchased for $567,000. The down payment was 12%. The balance was financed at 7.97% for 25 years. Find the montly payment is
The monthly payment for the supermarket building is approximately $3,667.63. To find the monthly payment for a supermarket building, the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
we will need to make use of the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
where P = the principal,
r = the interest rate per month, and
n = the total number of months.
We will calculate the values of P, r, and n using the information provided in the problem statement:
Down payment = 12% of $567,000 = 0.12 × $567,000 = $68,040
Principal = $567,000 − $68,040 = $498,960
Interest rate per year = 7.97%
Number of years = 25Number of months = 25 × 12 = 300To convert the interest rate per year to the interest rate per month, we will divide by 12:
Interest rate per month = 7.97% ÷ 12 = 0.6642% Plugging in these values into the formula, we get:
Monthly payment = $498,960[0.006642(1+0.006642)^300/((1+0.006642)^300−1)]
Monthly payment = $3,667.63.
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One of the main objectives of any company should be to let the target market know of its existence.
True or False
Urgent, please help (see attached image)
Please help me with this table.
Thanks.
2. Corporate Printing Company currently leases its only copy machine for $1,500 a month. The company is considering replacing this leasing agreement with a new contract that is entirely commission based. Under the new agreement, Corporate would pay a commission for its printing at a rate of $20 for every 500 pages printed. The company currently charges 0.20 per page to its customers. The paper used in printing costs the company $0.05 per page and other variable costs, including hourly labor, amount to S0.10 per page Read the requirements Requirement 1. What is the company's breakeven point under the current leasing agreement? What is it under the new commission-based agreement? First, determine the formula used to calculate the breakeven point in units, then calculate the company's breakeven point under the current leasing agreement. (Enter a "O" for any zero balances.) Breakeven number of units What is it under the new commission-based agreement? (Enter a "O" for any zero balances.) The company's breakeven point under the new commission-based agreement is Requirement 2. For what range of sales levels will Corporate prefer (a) the fixed lease agreement and (b) the commission agreement? In order to determine the range of sales levels Corporate would prefer for each agreement, we must first calculate the indifference point. The indifference point = (3) Now calculate the indifference point (Round to the nearest whole number.) The indifference point is at units units Corporate would prefer the fixed lease agreement at (4) The commission based agreement would be preferred at (5) Requirement 3. Corporate estimates that the company is equally likely to sell 20,000, 30,000, 40,000, 50,000, or 60,000 pages of print. Using information from the original problem prepare a table that shows the expected profit at each sales level under the fixed leasing agreement and under the commission-based agreement. What is the expected value of each agreement? Which agreement should Corporate choose? Begin with the fixed leasing agreement. (Use parentheses or a minus sign for losses.) Fixed leasing agreement Expected Sales level Profit/(Loss) Profit/(Loss) 20,000 30,000 40,000 50,000 60,000 Total expected profit/(loss)
Requirement 1:
To calculate the company's breakeven point, we need to find the number of units (pages) at which the total cost equals the total revenue.
Under the current leasing agreement, the monthly lease cost is $1,500, regardless of the number of pages printed. Assuming the variable costs per page are $0.05 for paper and $0.10 for other variable costs, the breakeven point in units (BEP) can be calculated as follows:
BEP = Fixed Costs / (Selling Price per unit - Variable Costs per unit)
BEP = $1,500 / ($0.20 - $0.05 - $0.10)
BEP = $1,500 / $0.05
BEP = 30,000 units
Therefore, the company's breakeven point under the current leasing agreement is 30,000 units.
Under the new commission-based agreement, the company pays a commission of $20 for every 500 pages printed. Assuming the selling price per page is $0.20, the breakeven point in units can be calculated as follows:
BEP = Fixed Costs / (Commission per unit * Units per commission)
BEP = $1,500 / (($20 / 500) * 500)
BEP = $1,500 / $20
BEP = 75 units
Therefore, the company's breakeven point under the new commission-based agreement is 75 units.
Requirement 2:
To determine the range of sales levels preferred for each agreement, we calculate the indifference point. The indifference point is the level of sales where the cost under both agreements is the same.
Indifference Point = Fixed Costs / (Selling Price per unit - Variable Costs per unit)
Indifference Point = $1,500 / ($0.20 - $0.05 - $0.10)
Indifference Point = $1,500 / $0.05
Indifference Point = 30,000 units
Therefore, Corporate would prefer the fixed lease agreement for sales levels below 30,000 units and the commission agreement for sales levels above 30,000 units.
Requirement 3:
To calculate the expected profit at each sales level, we use the given information and formulas. The expected profit is the difference between revenue and total cost at each sales level.
For the fixed leasing agreement, the profit at each sales level can be calculated as follows:
Profit = (Selling Price per page * Sales Level) - (Fixed Costs + (Variable Cost per page * Sales Level))
For the commission-based agreement, the profit at each sales level can be calculated as follows:
Profit = (Commission per unit * (Sales Level / Units per commission)) - (Fixed Costs + (Variable Cost per page * Sales Level))
The expected value of each agreement is the sum of all expected profits at each sales level divided by the number of sales levels.
Based on the calculated values, the table showing the expected profit at each sales level and the total expected profit is as follows:
| Sales Level | Fixed leasing agreement | Commission-based agreement |
|------------|------------------------|----------------------------|
| 20,000 | -$4,000 | $0 |
| 30,000 | $0 | $0 |
| 40,000 | $4,000 | $2,000 |
| 50,000 | $8,000 | $4,000 |
| 60,000 | $12,000 | $6,000 |
| Total | $20,000 | $12,000 |
The expected value of the fixed leasing agreement is $20,000, and the expected value of the commission-based
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one important intangible yet highly important advantage an investment from a large corporate partner gives a start-up is:
One important intangible yet highly important advantage an investment from a large corporate partner gives a start-up is credibility.
A startup is a new firm founded by an entrepreneur in order to bring a new product or service to market. These types of companies are usually characterised by their high risk and the uncertainty of the business model. In addition, startups often require substantial funding in order to develop and grow their ideas.
This is where corporate partners come in to play. Investments from large corporate partners help startups gain credibility, which is crucial for their success. When a startup secures funding from a well-established company, it lends credibility to their business model, technology, and management team. This helps to establish a reputation for the startup and makes it easier to secure additional funding in the future.
Large corporate partners also bring valuable expertise and resources to the table, which can be beneficial to the startup's growth and development. Overall, an investment from a large corporate partner is an important intangible advantage that can help startups succeed.
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which statement is false? select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a a large country never gains from imposing an export subsidy. b a small country never gains from imposing an export subsidy. c a large country never gains from imposing an import tariff. d a small country never gains from imposing an import tariff.
Among the given statements, the false one is "a small country never gains from imposing an export subsidy." This statement is false because, in some cases, a small country can gain from imposing an export subsidy. The correct option is b.
A subsidy is a payment made by the government to support a business or activity to lower prices and increase production. An export subsidy is a type of subsidy given to firms that export goods from the home country. The government provides this subsidy to make the exports cheaper in the foreign market and increase the competitiveness of domestic firms in the international market. This subsidy encourages exports, which can boost the country's foreign exchange earnings and GDP.
The statement "a large country never gains from imposing an export subsidy" is correct. A large country can gain from imposing an import tariff because it can create a barrier for foreign goods and increase the demand for domestic goods. As a result, domestic firms can increase their production and employment, which can boost the country's GDP. However, if a large country imposes an export subsidy, it will decrease the export price of its goods and increase its supply. As a result, the global price of that good will decline, and other countries' domestic producers will suffer losses. Hence, a large country never gains from imposing an export subsidy.
The statement "a small country never gains from imposing an import tariff" is false. A small country can gain from imposing an import tariff because it can protect its domestic firms from foreign competition. By imposing an import tariff, the government can increase the price of foreign goods and make them expensive than domestic goods. Hence, consumers will prefer to buy domestic goods, which will increase the demand for domestic goods, which will boost the country's GDP. However, if a small country imposes an export subsidy, it will increase its export price and decrease its supply. As a result, the global price of that good will increase, and the domestic consumers will suffer losses. Hence, a small country never gains from imposing an export subsidy.
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what are two basic types of soup
Answer:
There are six different types of soup in today's modern kitchen. These types fall into two different categories: clear soup and thick soup. Clear soups include consommé, bouillon and broth.
Explanation:
The Greek government decides to introduce new austerity measures, which reduce government direct spending by $16 billion. Greece has a marginal propensity to consume of 0.6. What will be the final change in real GDP as a result of this decreased spending? Please give your answer as a whole number in billions of dollars.
Answer:
-$40 billion
Explanation:
Given that
Reduction in government spending = $16 billion
Marginal propensity to consume = 0.6
Change in spending = $16 billion
Based on the above information
As we know that
Multiplier = 1 ÷ (1 - MPC)
= 1 ÷ (1 - 0.06)
= 1 ÷ 0.4
= 2.5
Now
The final change in real GDP is
= Multiplier × Change in spending
= 2.5 × -$16 billion
= -$40 billion
what is referred to a process that involves developed action plan that leads to achieving specific goals
Answer:
The appropriate approach is "Developing strategic plan ".
Explanation:
Knowing what it does and reevaluating it to ensure that it is the leading northern star for certain activities seems to be the secret to creating a successful strategic planning strategy. This strategy includes defining the intent, strategies, and procedures of an organization which would be used to achieve those objectives. As such, this strategy seems to be an important aspect of the operation of an organization, even though it is necessary to undertake the process of designing the schedule with serious thought and thoroughness.Goal setting is the process which involves developed action plan.
Let understand that "Goal setting "involves drawing an action plan in order to motivate and guide a person or group toward a goal.
Setting a deadline for a goal create a schedule to achieve the particular goal.
Some benefit of goal setting in an organisation includes:
Goals provides Motivation because energy are directed for accomplishment of the task.Its provides a dedicated direction for the company.Goal setting result to sense of personal satisfaction.Its bring forth clear focus on what is important.Its brings Clarity in Decision Making in a company.New goals become part of an organisation purpose of existence.Learn more about Goal setting here
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Think about how personal branding has made it easier and more difficult to get a job. Give one example of each.
Personal branding can make it easier and more difficult to get a job in different ways, as explained below:
Easier: Personal branding can help job seekers stand out from other candidates by showcasing their unique skills, experiences, and personality traits. For example, a graphic designer who has established a strong personal brand through a portfolio website, social media presence, and positive reviews from clients may have an advantage over other designers who have not invested as much effort into their personal branding. This can make it easier for the designer to attract potential clients and job opportunities that align with their brand and expertise.
More difficult: On the other hand, personal branding can also make it more difficult to get a job if it does not align with the employer's values or expectations. For instance, a candidate who has a strong personal brand on social media but shares controversial or offensive opinions may not be considered for a job that requires a professional and respectful demeanor. Additionally, if a candidate's personal brand is too strong or dominant, it may overshadow their qualifications and experience, leading potential employers to perceive them as self-promoting or arrogant. This can make it more difficult for the candidate to convince employers that they are a good fit for the job based on their skills and achievements alone.
What do Investors use the income statements of organizations for?
Investors use income statements of organizations to calculate ____
1. Financial statements
2. Financial journals
3. financial ratios
such as the business's operating margin, and
1. Turnover ratio
2. Profit Margin
3. ROA
Answer:
financial ratios and profit margins
Explanation:
Find the final discount date and the net payment date for an invoice dated June 14 with terms of 3/10, net 20.
The final discount date is
(Type whole numbers.)
According to the given data, the final discount date is June 24 and the net payment date is July 4.
What do you mean by final discount date?Discount date is the date that comes ten (10) days after the bill's due date, unless another date is specified in the contract. The discount date is the final day that net rates can be applied to water and/or sewer charges.
The time frame during which an invoice must be fully paid in order to receive a reduction in the amount owed is known as the discount period.
Here,
Calculation of the final discount date:
Final discount date = June 14 + 10 days
Final discount date = June 24
Calculation of Net payment date:
Net payment date = June 14 + 20 days
Net Payment date = July 4
Therefore, through the data, the final discount date is June 24 and the net payment date is July 4.
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the treasurer of a large corporation wants to invest $34 million in excess short-term cash in a particular money market investment. the prospectus quotes the instrument at a true yield of 4.30 percent; that is, the ear for this investment is 4.30 percent. however, the treasurer wants to know the money market yield on this instrument to make it comparable to the t-bills and cds she has already bought. if the term of the instrument is 107 days, what are the bond equivalent and discount yields on this investment?
Bond equivalent = 3.9%
Discount yield = 3.9%
Define discount yield.When a bond is sold below its face value, the return is calculated as a percentage and is known as the discount yield. The yield on municipal notes, commercial paper, and treasury bills offered at a discount is frequently calculated using discount yield.
Given the following :
Current price = $34 million
Effective annual rate (EAR) = 4.30% = 0.0400
TERM of instrument = 107 days
Bond equivalent yield formula:
[(face value - Current price) /current price] × 365/term
Face value= current price × (1 + EAR)^term/365
= $34,000,000×(1+0.0400)^(107/365)
= $34,000,000 × (1.0400)^0.293150
= $34,000,000 × 1.01156390296
= $34393172.7
Bond equivalent yield :
[(34393172.7 - 34,000,000)/34,000,000]×(365/107)
=[$393172.7 / $34,000,000] × 3.41121495
= 0.0394469586
= 3.9%
Discount yield :
Discount yield uses 30-days a month which equals 360-days a year.
Discount yield formula:
[(face value - Current price) /current price] × 360/term
Discount yield :
[(34393172.7- 34,000,000)/34,000,000]×(360/107)
=[$393172.7/ $34,000,000] × 3.41121495
= 0.0394469586
= 3.9%
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A(n) ____ is a placeholder for data whose contents can change. a. value b. element c. field d. attribute
A field is a placeholder for data whose contents can change.
What do you mean by the term "placeholder for data"?Placeholder text is an additional indication, explanation, or example of the data needed for a certain field that is contained inside a form field. A replacement is a character, word, or set of characters that temporarily replaces the final data in computer programming. For instance, a programmer might be aware that she needs a specific number of numbers or variables, but she is unsure of what to enter. It is not recommended to substitute a placeholder attribute for a label. The placeholder should not be the same as the label element because it is a brief cue designed to help the user enter data.
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How long after medical debts become past due will they show up on a person’s credit report?.
Paid medical collection accounts are removed from credit reports, and the time before unpaid medical collection accounts reappear is extended from six months to one year.
How can I get medical information off of my credit report?
If a health insurer settles the debt, medical collections will disappear from a credit report. If your medical bill is mistakenly in collections and it is less than 180 days old, or if it has already been paid by insurance, you should be able to dispute the mistake with the credit bureau and have it removed .medical collections tradelines less than $500 will no longer be reported on consumer credit reports.Learn more about credit report
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The following are standard protocols in checking the materials and goods you will be receiving in work EXCEPT FOR
Conducting a physical inspection of the materials and goods to make sure they are in good condition and meet the requirements is one standard protocol that is not mentioned in the list. Option 5 is Correct.
For completed goods with a marketing authorisation containing active pharmaceutical ingredients (API), the EU-GMP rules have required a Product Quality Review (PQR) since 2006. It is vital to assess product quality and process stability and, when necessary, make the appropriate corrective and preventative actions.
Specific instructions on how sterile medical product manufacturing should be done are provided in EU GMP Annex 1. The updated Annex 1 has been greatly enlarged and now places a major emphasis on risk management and pollution. This entails examining the product for flaws, damage, and conformity with any applicable laws and standards. Option 5 is Correct.
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Correct Question:
The following are standard protocols in checking the materials and goods you will be receiving in work except for
1. There is documentation
2. The packing slip is received
3. The device looks like it is working
4. The purchase order matches the specific device and quantity
5. all of these.
Chloe enjoys her math classes, and she would like to find a career that will allow her to continue to use her math skills. Which career would be a good fit for her? O A. accountant O B. purchasing agent O C. commercial carpenter OD. human resources manager Reset Next
Answer:
A. accountant
Explanation:
The accountant has a very significant role in running a business. He or she keeps a precise record of money flow in the company. The accountant function is mainly mathematical as it involves the accurate collection, recording, analysis, and financial presentation of the organization’s business operations.
Business or financial transaction records have a lot of numerical. Prices, sales volumes, discounts, repayments period are all presented in numbers. An accountant will always be calculating. If Chloe enjoys math, she will like working as an accountant as the role depends on math.
The answer is: A. accountant
The main duty of an accountant is to prepares the financial information of an individual or an organisation. In order to do this, you need a really good command of math skills since all the information regarding the assets , liability, and capital of the individuals/organization is recorded in a numerical value.
How does trimming differ from grading?
Answer: It is used to reduce bulk
Explanation: Brainliest pls:)
Answer: Eliminate bulky seam allowances by clipping, notching, and trimming seams in specific areas of a garment. And achieve a flawlessly pressed finish on curves and points in the process. In this article we’ll talk about how to much fabric to trim and how to efficiently reduce bulk.
Of course, every garment and fabric can lead to different results so you will learn to use your intuition to combine these skills for the best results. The best practice is to test out on scraps first if you are unsure before cutting into your actual garment, for example if making your first coat, check how bulky your seam allowances will be on chunky wool or on a silky blouse, check the seam allowance won’t show through in an unsightly way.
TRIMMING AND GRADING
Trimming and grading are used to reduce bulk. With trimming you are cutting back excess fabric most often from the seam allowance, in a specific area. Grading helps you layer the thickness of fabric at the seam allowance to disguise the bulk on certain seams.
For grading, trim one half of the seam allowance to half its width. I like to use duck billed scissors also known as applique scissors because one blade has a large plate shape that pushes the underlayer of fabric out of the way safely and avoids unwanted snips.
Single Image
Pressing your seams open is a great way to distribute bulk evenly to each side. But when multiple pattern pieces are joined together, trimming and grading helps eliminate bulk at the intersection of seams. This is especially helpful at the underarm area and between the legs on the curved crotch seam where the seams aren’t pressed open.
It’s very helpful to trim is the small square area created by two seams intersecting. Here you trim at a 45 degree angle to remove small triangles of seam allowance caught in the intersection. And if the intersecting seam will be pressed in one direction, rather than open (for example at the waist seam) consider grading the seam allowance behind to half.
Single Image
How you will trim or grade can depend on the finish of your garment, for instance whether there is a lining or facing and the internal seam allowances will be left raw. In this scenario you can reduce bulk by trimming one side of the seam allowance to half. Perfect for collars and cuffs, and necklines.
When working with heavier fabrics you can also reduce the bulk created by any darts by cutting them open along the length, stopping a few mm from the tip, and pressing open the bulk.
The most common issue I see is people failing to trim points correctly on collars, cuffs, waistband ends or pocket corners. Grade the seam allowance first, then trim the point to at least to a 50 degree angle. Commonly people just snip off at 45 degrees but that’s not enough!
Single Image
Similarly you may want to grade the seam allowance from the hem area to allow for smoother folding up of the hem. Start the grade just below where the folded edge will sit.
Single Image
CLIPPING AND NOTCHING
Ever sewn a beautiful curve and then tried to press the allowance flat, and ended up with a lumpy seam? The seam allowance needs a few careful snips to lie flat and there are different methods for clipping convex (for example on princess seam) and concave curves (around a neckline).
Don’t forget, you can grade a curve before you clip or notch it!
Notching
Convex curves are found on rounded pockets, peter pan collars and some styles of curved hems. But you may not have realised that on these designs, the raw edge of the seam allowance measures longer than the seam line you’ve sewed. So when you try to press the seam flat, you have excess fabric in the way. Notching will remove the excess and help you press a smooth curve.
Using small scissors, cut small triangles out of the allowance. The tighter your curve, the closer together your notches should be. For a gentle curve, notching every few cm should be enough. Ensure the lowest v point of your notching is still a few mm away from the stitching line so you don’t weaken the seam and risk fraying. Around armholes you will need to make several notches in the seam allowance and then trim any seam intersections (keep reading).
Single Image
When pressed to the right side, the notches will close up slightly but not overlap, keeping the seam neat on the outside.
Single Image
You may also be asked in your pattern instructions to clip into the seam allowance of a bulky single pressed hem or curved hem to hem you press up the allowance. Imagine the curved hem of a man’s shirt or thick brocade flared skirt.
Clipping
I often see people notching concave seam allowance around necklines. All you need to do is clip into the allowance so it can spread! But there’s no harm in notching instead of clipping. Start with a clip at the bottom of the curve (or v point), for example the centre front point of a round neckline then work evenly out to each side.
Explanation:
Langstraat was seventeen when he purchased a motorcycle. When applying for insurance, he signed a "Notice of Rejection," declining to purchase uninsured motorist coverage. He was involved in an accident with an uninsured motorist and sought to disaffirm his rejection of the uninsured motorist coverage on the basis of infancy. May he do so?
Answer:
No, Langstraat cannot disaffirm his rejection for the uninsured motorist coverage. Since Langstraat is a minor, he can legally disaffirm a contract, but by doing so, he will disaffirm the entire contract, not just one or two previsions of his choice.
In this specific case, Langstraat can disaffirm the whole insurance policy contract, but he cannot disaffirm only one clause. If he chooses to disaffirm the whole policy, the result will be the same, he will not have coverage.
To ensure that work gets done, Jonah engages in initiating structure by assigning tasks to members of his department, creating schedules, reminding his staff to adhere to the organizational rules, and ______.
The reference base period for the CPI is 1982-1984. In May 2017, the CPI was 244.7. Complete the sentence. This CPI in May 2017 tells us that the ______ of the prices paid by urban consumers for a fixed basket of consumer goods and services was ______ .
Answer:
1. average;
2. 144.7 percent higher in May 2017 than the average of 1982-1984
Explanation:
Given the reference base period for the CPI is 1982-1984. And then, considering that in May 2017, the CPI was 244.7.
Then completing the following statement goes thus:
The Cost Price Index, often shortened as CPI, in May 2017 tells us that the AVERAGE of the prices paid by urban consumers for a fixed basket of consumer goods and services was "144.7 percent higher in May 2017 than the average of 1982-1984."
A. Jamie signed a 210 - day simple discount note for $ 17700
with a bank with a discount rate of 6 % %, find the proceeds. ( 2
Marks ) 6. Chow Meng plans to invest $ 10180. Find the interest
rate requ
The interest rate required to earn $1,476 in 2 years is 7.22%, if discount rate was of 6 % %
A. Jamie signed a 210-day simple discount note for $17700 with a bank with a discount rate of 6%, find the proceeds:The proceeds from the note are calculated as follows: Proceeds = Face value - Discount InterestLet FV be the face value of the note, and D be the discount interest.
Face value (FV) = $17,700 Discount rate (r) = 6% Discount Interest (D) = (FV x r x t) / 360 days, where t is the term of the note in days. Discount Interest (D) = (17,700 x 6% x 210) / 360 = $1,367.50 Proceeds = $17,700 - $1,367.50 = $16,332.50
Therefore, the proceeds of the simple discount note is $16,332.50.6. Chow Meng plans to invest $10180. Find the interest rate required to earn $1476 in 2 years.
The formula for simple interest is:I = P x r x t Where, I = Interest earned P = Principal amount (initial investment) r = interest rate (per year) t = time (in years) The interest rate required to earn $1,476 in 2 years is:1476 = 10180 x r x 2 yearsr = 1476 / (10180 x 2) = 0.0722 or 7.22%
Therefore, the interest rate required to earn $1,476 in 2 years is 7.22%.
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List three types of taxes that are based on wealth
They are Regressive, Proportional and Progressive Taxes.
Let understand that Wealth Taxes are different from Income Taxes because it is a compulsory financial charge of levy imposed with aim to reduce the inequality between the Rich and the Poor.
The three type of Wealth Taxes are:
Regressive Taxes is a type of tax where lower incomes are imposes with higher tax burden than those with higher incomes.Proportional Taxes is a type of tax where the same rate is applied to both low income and high income earners.Progressive Taxes is a type of tax which rates increases as the income increases as well.Learn more about Wealth Taxes here
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