Answer: the setting of a minimum wage for workers
Explanation:
I just took the test and this answer is the right one, good luck :)
The government exhibits limited influence in a market economy by setting of a minimum wage for workers.
What is government?Government is a particular group of people that have power to rule in a country and who has the power to make laws, to enforce them in a country. a government is group which is either elected through people in system like democracy or their is rule by any one person i.e. monarchy. this is government is responsible for running of country or growth of its territory and takes all the decision for development of its country and people on behalf of the people in the country.
What is market economy?A market economy is an economic system where demand and supply affects or governs the production of goods and services. According to the market economy's guiding principle, businesses that manufacture and sell products and services should do so at the highest price that customers are willing to pay. A natural economic equilibrium is reached when supply and demand are at equal levels.
What is minimum wage?Minimum wage is either decided by collective bargaining or is stipulated by government through regulation, minimum wage is the lower rate at which the worker is employed by an employer. Minimum wage is decided by the government to bring equity among workers working at same rate and for same hours.
When the government imposes minimum wage, the wage of the worker is decided by the price level not by the equilibrium of demand and supply, in such way government influence market economy.
Supportive answer
Hence, option D is the correct answer
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You purchased a share of stock for $12. One year later, you received $0.50 as a dividend and sold the share for $13.25. What was your holding-period return?
The Holding-period return equals 14.58%.
What is the Holding-period return?This refers to the total return that is earned on an investment during the time that it has been held.
Holding-period return = ($0.50 + $13.25 - $12) / $12
Holding-period return = $1.75 / $12
Holding-period return = 0.145833333
Holding-period return = 14.58%
Therefore, the Holding-period return equals 14.58%.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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What is globalization?
according to the supporters of globalization, falling barriers to international investment multiple choice question. restrict the formation of an integrated and interdependent global economy. will lower the incomes of consumers. help to create employment opportunities in countries that participate in the global trading system. will significantly raise the prices for goods and services.
Option C is correct. According to the supporters of globalization, falling barriers to international investment will help to create employment opportunities in countries that participate in the global trading system.
What is employment opportunities?Employment opportunities refer to the potential for individuals to find and secure paid work. Globalization can lead to the creation of employment opportunities in a number of ways. For example, as barriers to international investment fall, companies may be more likely to invest in and open operations in other countries. This can lead to the creation of jobs in those countries, both directly within the companies themselves and indirectly through the support services that are required to sustain the operations of the companies. Additionally, as trade barriers fall and countries are able to access new markets, industries and businesses may expand, leading to increased job opportunities.
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Who do YOU like more
Joseph Biden or Donald Trump?
Please answer with you honest opinion.
Answer:
Explanation:
Joseph biden
which wheel settings change when you mount the subframe incorrectly in the transverse direction? Check all that apply
TOE
CAMBER
STEERING AXIS INCLINATION (SAI)
CASTER
The wheel settings that change when you mount the subframe incorrectly in the transverse direction is "CASTER" (Option D)
What is Caster?Caster is the process of aligning a wheel with the direction of travel, which can be performed by caster displacement or caster angle. As with the front wheels of a shopping cart, caster displacement shifts the steering axis forward of the axis of wheel rotation. The steering axis is moved away from the vertical by the caster angle.
The caster angle, also known as the castor angle, is the angular displacement of the steering axis from the vertical axis of a steered wheel of a car, motorbike, bicycle, another vehicle, or watercraft as seen from the side.
Positive caster enhances the responsiveness of your vehicle while negotiating bends and the stability of your car when going at greater speeds. The sole disadvantage of a positive caster is that it increases the amount of effort required to steer your car.
Turning plates and a digital or bubble camber/caster gauge are the two most common methods for measuring caster angles. Measuring the upper and lower wishbone mounting points or the MacPherson strut angle.
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what type of federal funding is free money but is based on financial need only?
Answer:
Explanation:
Answer:
parks and recreation? brainliest?
Explanation:
bmw says their cars are the ultimate driving machine. ford trucks are built ford tough. which type of differentiation do these examples represent?
Product differentiation is type of differentiation do these examples represent.
What is differentiation's overarching goal?
Enhancing competitive advantage is the primary goal of differentiation strategy implementation.
A company will often do this by assessing its advantages and disadvantages, the demands of its clients, and the total value it can deliver.
What are the three broad targeting techniques that marketers employ?
Differentiated marketing, focused marketing, and undifferentiated marketing are the three target market tactics you can use. Pick the best plan for your company by being familiar with the variations.
When compared to similarly sized competing items, a "differentiated product" can maintain its competitiveness. These are only a few typical instances of differentiated items, along with automobiles, smartphones, laptops, footwear, and probably most importantly, bottled water.
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former foster youth who were successful in finding employment and housing were likely to have .
Former foster youth who were successful in finding employment and housing were likely to have a support system that helped them navigate the challenges of transitioning out of the foster care system. These support systems could include mentors, social workers, and community organizations that provide resources and assistance to help former foster youth succeed.
Having stable employment is crucial for anyone, but it is especially important for former foster youth who may not have a safety net or support system to fall back on. A steady job provides financial stability, which can help former foster youth secure safe and stable housing. Additionally, having a job can provide a sense of purpose and belonging, which is important for mental health and overall well-being.
In terms of housing, former foster youth who were successful in finding housing likely had access to resources such as transitional housing programs, financial assistance, and supportive services. These programs can help former foster youth find affordable and safe housing, which is essential for stability and security.
Overall, former foster youth who are successful in finding employment and housing have likely had access to supportive resources and programs that helped them navigate the challenges of transitioning out of the foster care system. These resources can make a significant difference in the lives of former foster youth, providing them with the tools they need to thrive and succeed.
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ABC Company sold goods to XYZ traders on May 1, 2019. ABC company agreed to accept a Kshs.1,400,000 for 6 month, 12% note in payment for the goods. Interest is payable at maturity. Required: Prepare journal entries to record the above transactions
Answer: If you have ever taken out a payday loan, you may have experienced a situation where your living expenses temporarily exceeded your assets. You need enough money to cover your expenses until you get your next paycheck. Once you receive that paycheck, you can repay the lender the amount you borrowed, plus a little extra for the lender’s assistance.
There is an ebb and flow to business that can sometimes produce this same situation, where business expenses temporarily exceed revenues. Even if a company finds itself in this situation, bills still need to be paid. The company may consider a short-term note payable to cover the difference.
A short-term note payable is a debt created and due within a company’s operating period (less than a year). Some key characteristics of this written promise to pay (see (Figure)) include an established date for repayment, a specific payable amount, interest terms, and the possibility of debt resale to another party. A short-term note is classified as a current liability because it is wholly honored within a company’s operating period. This payable account would appear on the balance sheet under Current Liabilities.
Short-Term Promissory Note. A promissory note includes terms of repayment, such as the date and interest rate.
Explanation:
what would be the effect on operating income of accepting a special order for units at a sale price of per product?
A special order will only result in a gain in net operating income if the revenue it generates outweighs the additional costs it incurs.
Which should I think about before accepting a special order?Before deciding whether to accept a certain order, management must take into account a variety of factors, including the amount required to complete the order. if the buyer's suggested price will cover the production costs.
What does "special order decision" mean?The management of a corporate organisation makes special order decisions while deciding whether or not to process an unusual request from the customers. Typically, a request for a cheaper price on an order in quantity or that is customised is involved.
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aanu owns several computer repair shops across northeastern wisconsin, and she has set a goal for her company of increasing market share in all locations over the next three years. aanu has set a:
Aanu's goal of increasing market share in all locations over the next three years is a strategic goal.
A strategic goal are the specific objectives a firm aims and plans to achieve over a specified period of time. The strategic goal set by the firm can either be financial or nonfinancial.
Examples of strategic goals include:
Increasing the market share of the company. Increase customer satisfaction.Increase the number of customers of the company.Other types of goals are:
Operational goals are the steps that a firm takes to achieve in the long term success. Tactical goals are goals that are set for the immediate short time period.To learn more about strategic goals, please check: https://brainly.com/question/15301818?referrer=searchResults
Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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the constant growth stock valuation model can't be used under which of the following conditions? group of answer choices a zero growth rate a negative growth rate. a growth rate less than the stock's required return. a growth rate greater than the stock's required return.
D) Under a growth rate greater than the stock's required return, the constant growth stock valuation model cannot be applied.
Describe growth stock.Any stock in a company that is expected to increase in value significantly faster than the market as a whole is considered a growth stock. Typically, these stocks don't pay dividends.
This is so because companies that issue growth stocks typically want to reinvest any earnings they generate to hasten growth in the short term. When investing in growth stocks, investors hope to profit from capital gains when they eventually decide to sell their shares in the future.
What Qualifies as a Growth Stock?
When it comes to stocks, "growth" refers to the company's significant potential for capital growth. These are frequently newer, smaller-cap companies, or those operating in expanding industries like biotechnology or technology. Growth stocks frequently have high P/E ratios despite having low or even negative earnings.
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1. Analyze financial statements. 2. Transfer journal entries to ledger 3. Prepare the financial statements. 4. Record transactions in journals. 5. Take a trial balance. 6. Analyze source documents Match each of the options above to the items below. i. Separate purchasing receipts from sales documents. ii. Record financial data. iii. Post individual transactions into a single account. iv. Summarize data in the ledgers. v. Prepare income statement. vi. Evaluate profit/loss of the firm.
Analyze transactions- Post individual transactions into a single account, Transfer journal entries to ledger-Summarize data in the ledgers, Prepare the financial statements-Evaluate profit/loss of the firm, Record transactions in journals--Prepare income statement, Take a trial balance-Record financial data, Analyze source documents- Separate purchasing receipts from sales documents.
What is profit and loss?Profit is the excess amount of the firm, which the business has attended in the financial year of working. I t includes the net profit. Loss is the amount that a firm occurred during a year, it covers the net loss of the firm.
Thus, the statement are matched above.
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Chicken Flick is a Canadian restaurant that is owned by two exceptional chefs, Usain King and Florence Joyner. The restaurant is known for its delicious chicken recipes based on their Jamaican heritage. The restaurant has recently expanded into three different countries, the United States of America (USA), the United Kingdom (UK) and Switzerland. As the restaurant is a relatively small brand, the majority of the business decisions are made in Canada. Likewise, the majority of the locations’ expenses are paid from the Head Office in Toronto. Daily sales in the local currency as well as the daily exchange rates for each of the three countries for the year 2020 have been provided in an Excel file called "Ch10_ForeignSalesData". Download the Excel File Here Using the data provided in the Excel file, prepare a conversion of sales from the foreign currencies to the functional currency. To perform this task, you will have to combine the three sheets into one. Using this data, answer the included questions. For this question you will use Tableau—instructions on how to join files using Tableau are included below. Instructions Ensure you have downloaded the Excel file provided onto your computer. This will be your starting point. Open Tableau and connect to Excel. You will be asked for the filename you want to connect to. Select the name of the file that you downloaded earlier. As the file contains multiple sheets, you will not see the data in the canvas area. Instead, you will see the file name on the "Connections" pane on the left and the names of the countries under the sheets tab. Your first task will be to combine all the sheets into one file by performing a "Union" of the three sheets. If you double click on the first sheet – Switzerland – it will transfer that data into the Canvas area. Next view the data for the next sheet by clicking on the "view data" icon. This icon is visible when you hover your mouse over the sheet name. You are doing this to ensure that the column labels are the same as the ones for which you want to combine, otherwise you will not get the desired result. Next drag the sheet to the canvas area just under the Switzerland sheet. As you drag the sheet into the canvas area, a noodle/line will appear linking the two sheets. You do not want this – instead you want to drag the sheet name to just under the Switzerland tab and you will notice an orange box appears that says "Join" Drop the new sheet onto that box. Repeat steps 5 and 6 for the last sheet. Now if you inspect the data in the sheet, you will notice that the contents of all three sheets are stacked one on top of the other. This is your opening worksheet for the tasks you will be required to perform. Next you will convert the foreign currency transactions to Canadian dollars. To do this, you will open a new canvas by clicking on "Sheet 1." Then under Analysis menu, click "create calculated field." Name the field you want to create "Canadiansales" and in the expression box type in the expression [Sales]*[Exchange rate]. Drag the "Country" dimension into the columns field and drag the "Date" dimension and the "Canadiansales" measure into the Row field. You are now ready to create your visualization. Considering all three countries, what was the least monthly sale in Canadian dollars recorded by any country? Multiple Choice $84,680 $92,711 $83,862 $85,329
I can guide you on how to obtain the answer using Tableau. Please follow the instructions provided and combine the three sheets into one using the Union function. Then, create a calculated field called "Canadiansales" by multiplying the "Sales" field with the "Exchange rate" field.
To determine the least monthly sale in Canadian dollars recorded by any country, you need to follow the steps provided and create a visualization using Tableau. Unfortunately, as a text-based AI model, I cannot directly interact with Tableau or the Excel file to provide you with the specific answer.
However, I can guide you on how to obtain the answer using Tableau. Please follow the instructions provided and combine the three sheets into one using the Union function. Then, create a calculated field called "Canadiansales" by multiplying the "Sales" field with the "Exchange rate" field.
Once you have created the calculated field, you can create a visualization by dragging the "Country" dimension into the columns field, and the "Date" dimension and "Canadiansales" measure into the Row field. You can then sort the data by the "Canadiansales" measure in ascending order.
By analyzing the visualization, you will be able to identify the least monthly sale in Canadian dollars recorded by any country.
I recommend following the instructions provided and exploring the data in Tableau to obtain the specific answer to the question.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Give the Three Types of plans and define each concisely?
There are 3 types of Business Plans :
1. Operational Planning
This kind of planning often outlines how the business is run on a daily basis. Operational plans are frequently referred to as ongoing or single-use plans. Plans for one-time events and activities are called single usage plans (such as a single marketing campaign). Ongoing plans comprise policies for tackling issues, rules for particular laws, and procedures for a step-by-step process for achieving specified goals.2. Strategic Planning
A high-level perspective of the entire company is a component of strategic planning. It serves as the organization's fundamental framework and will guide long-term choices. The time frame for strategic planning can range from the subsequent two years to the following ten years. A strategic plan should include a vision, purpose, and values statement.3. Tactical Planning
Strategic planning is aided by tactical planning. It outlines the organization's intended strategies and methods for achieving the goals set forth in the strategic plan. The scope usually has a time frame of less than a year and divides the strategic plan into manageable parts. Operational plans ask how the organisation will typically carry out something in order to achieve the organization's objective, whereas tactical plans ask specific questions about what has to happen in order to achieve a strategic goal.Select the correct answer.
What is the purpose of a 1098 tax form?
ОА.
to report interest income from bank accounts
OB.
to report dividends or capital gains from stock investments
Ос. .
to report federal income taxes withheld by an employer
OD.
to claim qualified expenses such as deductions or credits
O E.
to correct mistakes on an already filed tax return
Reset
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Answer:
D. to claim qualified expenses such as deductions or credits
Explanation:
To find - What is the purpose of a 1098 tax form?
Solution -
The correct option is - D. to claim qualified expenses such as deductions or credits
Reason -
Form 1098 T tuition statement is an american IRS tax form filed bu eligible educational institutions(or those filing on the institutional's behalf)
To report payments received and payments due from the paying students.
The institution has to report a form for every student that is currently enrolled and paying qualifying tuition and related expense.
why does he offer nick an opportunity to make money? why is it confidential and why does nick decline?
Gatsby offers Nick the opportunity to make money through illegal activities because he wants to use Nick's connections and reputation to further his own criminal enterprise.
Nick declines the offer because he is uncomfortable with the illegal and unethical nature of the proposal, and does not want to compromise his own integrity.
Gatsby is a wealthy and powerful criminal figure, and he sees Nick as a valuable asset in his illegal activities. He recognizes that Nick has connections and a reputation that could be useful in furthering his own criminal enterprise, and thus offers him the opportunity to make money through illegal means.
However, Nick is uncomfortable with the illegal and unethical nature of the proposal and does not want to compromise his own integrity by participating in such activities.
He is also aware that Gatsby's criminal activities are dangerous and could lead to serious consequences, and he does not want to be caught up in them. Therefore, he declines the offer, preferring to maintain his own honesty and reputation.
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Liam works as an editor for the sports section of a magazine. He reports to the managing editor who oversees all other editors. He also reports to the sports director who is in charge of all employees working on the sports section. What type of structure does Liam’s company MOST likely use?
A.
divisional structure
B.
flat structure
C.
matrix structure
D.
functional structure
Answer: I think it is b
Explanation:
Answer: C. matrix structure
Explanation: In a matrix structure, employees report to multiple managers, as is the case with Liam reporting to both the managing editor and the sports director. This allows for more collaboration and communication across different departments or sections of the company.
With a matrix structure, Liam can benefit from the expertise, support, and guidance of both the managing editor and the sports director. It also allows for greater flexibility in budget, decision-making and resource allocation, as the different managers can work together to prioritize and coordinate tasks.
What do U.S. managers need to know about leading in the international arena? Identify and describe three important guidelines that can be of practical value.
U.S. managers leading in the international arena need to be aware of three important guidelines. Firstly, it is essential to familiarize yourself with the culture of the country you are operating in. This includes becoming aware of common practices and expectations, to ensure that the team is working in accordance with local cultural norms.
Secondly, it is important to be mindful of the language barrier and how that can impact the workplace. Investing in resources to bridge the language gap is essential. Lastly, be mindful of the different laws and regulations that apply in the international arena.
Understanding the laws and regulations of the country you are operating in can help to ensure compliance. These are all important guidelines for U.S. managers leading in the international arena.
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Marietta opts into a Target app. When she enters a Target store, small Bluetooth devices scattered throughout the store send signals to her phone with personalized deals and information. This is an example of ______ technology.
a. tag.
b. RFID.
c. alien.
d. beacon.
Assuming small Bluetooth devices scattered throughout the store send signals to her phone. This is an example of d. beacon technology.
What is beacon technology?Beacon technology can be defined as a tiny or small wireless transmitter technology that help to send signals to devices.
One of the example of beacon is blutooth devices. Despite small in size they help to send signal to phone or user device and they as well makes use of low energy.
Inconclusion this is an example of d. beacon technology.
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If an employer covers $15 of a $25 monthly life insurance premium, what is the total value of the benefit each year?
The total value of the benefit each year, given the amount covered by the employer is $ 180
How to find the total value of the benefit ?The total value of the benefit can be found by multiplying the montly benefits from the employer towards the health plan by the number of months in a year.
The formula for the total value of the benefits is therefore :
= Number of months x Monthly benefit
Number of months = 12 months
Monthly benefit = $ 15
The total value of the benefit is :
= 12 x 15
= $ 180
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Analyse the implications to Mr Flake’s business if: In May and June Mr Flake fell ill and he had to pay somebody else £1200 a month to run the business as well as himself? Answer: He received 6 more party bookings for September?
Answer:
1. Paying somebody else and himself represent cash outflow.
2. Party bookings represents forecasted cash inflow.
Explanation:
Remember, a cash flow shows where money is coming from into the accounts of a business and where money goes to from the accounts of the business. Inflows represent credit transactions into the business account, while the outflows represents debit transactions to external sources.
Thus, paying somebody else £1200 a month to run the business as well as himself (Mr Flake) both represents outflow of cash from his ice-cream business. But the 6 more party bookings for September represents cash inflows since he will be receiving a pay from the clients.
18. Would you expect, in some cases, to see only an income effect or only a substitution effect? Explain.19. Which is larger, the income effect or the substitution effect
the market outlet is an all-equity financed firm with a beta of 1.08 and a cost of equity of 12.58 percent. the risk-free rate of return is 3.6 percent. what discount rate should the firm assign to a new project that has a beta of 1.22?
13.74% discount rate should the firm assign to a new project that has a beta of 1.22.
What is a discount rate?The discount rate is the amount of money that the banking sector and other checkable deposits pay on assets they obtain through the discount portal of their local Fed Reserve.
The information provided is
The market channel is a 100% ownership company with a beta of 1.08
a 12.58 percent equity cost.
3.6% is the uncertainty rate of return.
to a brand-new undertaking with a 1.22 beta
The cost of the equity will be calculated to determine the Market rate:
equity cost = risk free rate + Beta * (market rate- risk-free rate )
12.58 = 3.6 + 1.08 * (Market rate-3.6)
(12.58-3.6) / 1 .08 = Market rate - 3.6
Market rate = (12.58-3.6) / 1.08 + 3.6
= 11.91481481%
The rate at which the discount is offered is at
= 3.6 + 1.22 * (11.91 -3.6)
= 13.74%
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Which tasks commonly are performed in Maintenance, Installation, and Repair jobs? Check all that apply.
A. setting up equipment
B. fixing problems with machinery
C. estimating a project’s cost
D. designing equipment
E. teaching people to use equipment
F. writing instructions for assembling equipment
G. purchasing manufacturing equipment
Answer:
Which tasks commonly are performed in Maintenance, Installation, and Repair jobs? Check all that apply.
setting up equipment
fixing problems with machinery
estimating a project’s cost
teaching people to use equipment
Explanation:
Tasks commonly are performed in Maintenance, Installation, and Repair jobs Setting up equipment fixing problems with machinery estimating a project’s cost teaching people to use equipment
What is the equipment?
Equipment is a real long-term asset that provides value to a company over many years of operation. Equipment examples include cars, trucks, and manufacturing machines. They differ from intangible assets (such patents, trademarks, or copyrights), which lack a physical form, in that they are tangible because they do.
Materials and Equipment refer to all types of products, including machinery, vehicles, consumables, parts, and components, as well as any spares or replacements; Samples 1, 2, and 3.
To produce high-quality, economical products, equipment must be carefully developed. Since it is eventually used as the means to implement all of the other enabling technologies, equipment design is necessarily the widest category of the six enabling technologies.
Therefore, option (A, B) is correct.
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Drag the tiles to the correct boxes to complete the pairs.
Match the steps and techniques involved in the production process with their definitions.
planning
scheduling
Gantt chart
allocating time for each step of the process
documenting the time required for each task
creating the best route for a process to follow
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Matching the steps and techniques involved in the production process with their definitions is as follows:
Techniques DefinitionsPlanning Creating the best route for a process to follow.
Scheduling Allocating time for each step of the process.
Gantt chart Documenting the time required for each task.
What is the production process?The production process involves the combination of economic resources (raw materials, labor, capital, and entrepreneurship) to produce goods and services.
The production process also involves the marketing and distribution of manufactured goods to consumers.
Thus, planning creates the best production processes, scheduling allocates time and other resources to the processes, while a Gantt Chart is used to document the time for each task.
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Nafta was created as an important trade agreement between the united states, mexico and.
Nafta was created as an important trade agreement between the united states, mexico and Canada.
What 3 countries benefited from NAFTA?The North American Free Trade Agreement (NAFTA), which was passed in 1994 and established a free trade zone for Mexico, Canada, and the United States, is the most important component of the bilateral commercial relationship between the United States and Mexico. The North American Free Trade Agreement (NAFTA) established a free-trade zone in North America; it was signed by Canada, Mexico, and the United States in 1992 and went into effect in 1994. Give the signatories (the countries who signed it) the designation of "most-favored-nation."Reduce trade barriers and allow cross-border movement of goods and services.Encourage competitive circumstances.Expand investment opportunities NAFTA increased commerce by removing all tariffs between the three countries.It also established worldwide rights agreements for business investors.This reduced the cost of doing business.It encourages investment and growth, particularly for small enterprises .To learn more about NAFTA refer
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