suppose the cross-price elasticity of demand for butter and margarine is equal to 0.96 while the cross-price elasticity of demand for water and lemon is –0.13. this means that butter and margarine are while water and lemon are . a inelastic goods; elastic goods b substitutes; complements c elastic goods; complements d complements; substitutes e luxury goods; necessity goods

Answers

Answer 1

The accurate solution is: c) substitutes; complements

what is move fee elasticity?

Cross fee elasticity may be understood as a extrade in the amount demanded of the product because of a extrade in fee. A effective fee of the move-fee elasticity corresponds to the truth that merchandise are substitutes, because the call for of replacement will increase due to boom withinside the fee of replacement. While a terrible fee corresponds to the complementary goods.

The move elasticity of call for is an financial idea that measures the responsiveness in the amount demanded of  right while the fee for some other right changes. Also known as move-fee elasticity of call for, this dimension is calculated through taking the share extrade in the amount demanded of  right and dividing it through the share extrade withinside the fee of the alternative right.

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Related Questions

at its core, marketing is based on people or organizations engaging in exchanges with others people or organizations.

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At its core, marketing is based on people or organizations engaging in exchanges with others people or organizations, is a correct statement.

What is marketing in business?

Marketing is the core and main activity in the business, it is an essential part of the process to make the profit and be in the business in the long run. It is accountable for the entire process of making the product.

Marketing is the process of creating, communicating, delivering, and exchanging products and services that are beneficial to customers, clients, partners, and society as a whole.

Thus, it is a correct statement.

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Operating leverage is a measure of how sensitive ______ is to a given percentage change in sales dollars.

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Answer: net operating income

Explanation:

The deeds of some people are extraordinary, but not so extraordinary that other employees cannot perform the same deeds. these people are referred to as?

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The deeds of some people are extraordinary, but not so extraordinary that other employees cannot perform the same deeds. these people are referred to as managers.

The maximum easy not unusual regulation definition of an employee is someone you rent and pay everyday wages to perform a specific task, with the business enterprise controlling how the to portray is done. For personnel, a commercial enterprise organization has to withhold earnings taxes and pay Social security, Medicare taxes, and unemployment taxes on any wages paid.

Employee motive is the sensation that means personnel has withinside the again in their artwork and the manner their values align with a business organization. it's miles all approximately permitting and inspiring personnel to hold cause to their expert surroundings and running life.

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A single taxpayer, operates a business that produces of income before any amounts are paid to her. she has no dependents and no other income. she has itemized deductions of:________

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She has itemized deductions of Taxable income. An itemized deduction is a cost that can be deducted from your adjusted gross income (AGI) to lower your taxable income and, as a result, the amount of taxes you owe. Such deductions allow taxpayers who qualify to pay less tax than if they had taken the standard deduction.

Which is a fixed cash amount that fluctuates depending on filing status. Mortgage interest, charity gifts, and unreimbursed medical expenses are all allowable itemized deductions that may be subject to limits. An itemized deduction is a tax deduction that can be deducted from your adjusted gross income (AGI) to lower your taxable burden.

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In a limited partnership, a single _____ runs the business and is responsible for all of the business liabilities.

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In a limited partnership, a single general partner runs the business and is responsible for all of the business liabilities.

In which type of partnership the responsibility of the partner is limited?

In a limited partnership, there's at slightest one common partner who is dependable for the management of the business.

A limited partnership (LP) could be a sort of association organization that limits the individual liability of a few partners. In common associations, each accomplice remains liable for the debts and commitments of the partnership.

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Uber joined forces with toyota, with the japanese automaker agreeing to invest in uber and to explore how the two companies might do ridesharing collaboration. Which method of international expansion does this specific relationship represent?.

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The method of Joint venture is the method that the international expansion of these businesses represent.

What is meant by a joint venture?

The term joint venture can be defined as the coming together of two separate entities in order to develop or go into a particular business. It is the ability to seek for the development of a particular enterprise by two entities.

These two would have to share the risks and the profits of the business. Hence we would say that The method of Joint venture is the method that the international expansion of these businesses represent.

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small amount of money in an interest-earning account for three years, doesn’t plan on withdrawing the funds, and wants them to stay in the account until the end of the third year.

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As the requirement is to hold the fund for 3 years, he/she shall choose the negotiable CD as the interest rate will be higher and cannot be redeemed before the maturity period.

What is a Certificate of Deposit?

A certificate of deposit (CD) is a savings instrument that yields interest on a one-time payment for a predetermined amount of time. In contrast to savings accounts, CDs require that the money remain untouched for the duration of the term in order to avoid penalty fees and lost interest. In order to compensate for lost liquidity, CDs often pay greater interest rates than savings accounts.

A majority of consumer financial institutions provide certificates of deposit (CDs), but it is up to each bank to decide what terms it wishes to give, how much higher the rate will be than the bank's savings and money market products, and what penalties it will impose for early withdrawal.

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When calculating the balance of the sales revenue account, you find that the balance is lower than expected. However, according to your balance sheet and your analysis of the accounting equation, all of your debits and credits are equal across accounts. What is the most likely explanation for this?.

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The balance in the sales revenue is lower than expected is due to may be you forgot to record the journal of sales transaction.

Journal is the first step to record the transaction . under this accounts are debited and credited which is based upon the transaction. After recording of journal it is posted in the ledger account which effects all the financial performance.

As journal entry is not recorder there will be no impact in the balance sheet which results in the equalization of all debits and credit.

For recording of the journal sales account is credited where cash or debtors account is debited. So if it is forgot to record then it will not impact any of the account.

This may be concluded as error to forgot to record the transaction. To avoid this invoice of each sale should be matched with the journals . Proper audit of accounts should be done on timely basis.

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Managing the supply chain has become more important as a result of firms increasing their levels of.

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Managing the supply chain has become more important as a result of firms increasing their levels of production.

Production is the process where the supply chain is the most important due to which different outcomes come and the profit can be determined. This also determines the managers and the labors work efficiency and the result of the work done.

It helps in increasing the level of work efficiency and production levels so that maximum out of the best done is achieved in a firm. Hence, supply chain is important.

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How+much+should+you+pay+for+a+$1,000+bond+with+10%+coupon,+annual+payments,+and+5+years+to+maturity+if+the+interest+rate+is+12%?

Answers

We should pay for a $1,000 bond with a 10% coupon, annual payments, and 5 years to maturity if the interest rate is 12%  $927.90.

The annual interest rate is the term used for all bills which can be made annually. payments are made yearly due to the nature of the monetary cycle. a few payments are made as soon as a year. Annual payments might also encompass income an emolument that is paid once a year.

Par value = $1,000

Coupon payments = 10% of 1,000 = $100

Number of years (n) = 5 years

Interest rate (r) = 12%

Bond price = Coupan payment × [tex]\frac{9 1 - ( 1 + 0.12)^{-5} }{0.12}[/tex] + [tex]\frac{1,000}{( 1 + 0.12)^{5} }[/tex]

                   =  360.4776 + 567.4269

                   = $927.90

Disclaimer:- your question is incomplete, please see below for the complete question.

Q. How much should you pay for a $1,000 bond with 10% coupon, annual payments, and 5 years to maturity if the interest rate is 12%?

A) $981.40

B) $1,075.82

C) $1,000.00

D) $927.90

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the point of a business cycle fluctuation, during which growth slows, unemployment increases, and pricing pressures subside, is called a(n):

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The point of a business cycle fluctuation, during which growth slows, unemployment increases, and pricing pressures subside, is called a(n) contraction.

What is contraction in the business fluctuation?

The term that is referred to as contraction in the business cycle is the point where the entire business can be said to be experiencing a decline or a decrease. This is the point that is known to happen after the business cycle. During this period, the business cycle would fall.

Hence we can say that the point of a business cycle fluctuation, during which growth slows, unemployment increases, and pricing pressures subside, is called a(n) contraction.

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Well-established scientific ideas may be abandoned for new explanations due to new technologies and data. these paradigm shifts often ______.

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Well-established scientific ideas may be abandoned for new explanations due to new technologies and data. These paradigm shifts often neither the general public nor scientists readily accept them.

Describe some well-established scientific ideas

Perhaps the most effective theory ever developed is quantum mechanics. It has been put through rigorous testing for about 90 years, and none of them have brought its tenets into question. One of science's victories in the 20th century is this. A theory in science is a well-supported explanation of a particular phenomenon in the natural world that is based on a body of facts that has been consistently verified via observation and experiment. Such ideas are not "guesses," but rather trustworthy descriptions of reality. The appearance of an X-Ray imprint of a DNA molecule, which led to the understanding of the structure of DNA.

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operations and sales are the two functional areas that exist to support activities in other functions such as accounting, finance, it, and human resources.

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Operations and sales are the two line functions in a business organization. All other functions including accounting, finance, IT, and human resources exist to support these two line functions. Sales operations emphasis on sales department efficiency rather than revenue growth and integration of sales, marketing, and service divisions.

Many distinct tasks exist within sales divisions to generate sales and improve customer experience, such as revenue operations and sales operations. Strategy, data analysis, hiring and training, forecasting, territory design, and sales process optimization are some of the tasks and functions that ales operations teams perform. Sales operations assist sales teams in operating more efficiently.

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When is the proper time to plan for events not happening in accordance with the project plan or expectations?

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The proper time to plan for events not happening in accordance with the project plan or expectations contingency planning should occur throughout the project life cycle.

Without giving yourself sufficient time, you won't have time to think about all the information that moves into your occasion, so it is much much less likely that you'll be capable of making the right selections concerning your alternatives inside the first area. here are a few insider guidelines for making plans for a great event in four weeks or less. a detailed assignment listing and normal finances are essential objects to get the celebration-making plans started out.

Things like length ability to place lights and fees are all crucial considerations to consider. if you have already chosen your venue, you can create duties to make sure the whole lot of venue related is sorted previous to the occasion. A hit event seems attractive and organized. begin with a subject or concept and beautify, therefore. A clear layout and going with the flow also are critical. you may need to consist of signage that ties in with the topic of the event and additionally lets visitors recognize precisely where things.

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you invest $1,000 in a stock that has a 15% chance of a 1% return, a 60% chance of a 5% return and a 25% chance of a 7% return.

Answers

[DISCLAIMER :- The complete question is mention below :

The question asked is incomplete. This question below is the complete question and has been answered accordingly.

"You invest $1,000 in a stock that has a 15% chance of a 1% return, a 60% chance of a 5% return and a 25% chance of a 7% return. What will be expected return?"]

The expected come back are 4.90%.

Let us initial perceive what's expected return?The expected come back is that the quantity of profit or loss associate capitalist will associate receiving on an investment.To find expected come back we have a tendency to multiply the potential outcomes by the chances so rundown all the result.  

Expected come back will be expressed as = (p1r1) + (p2r2) + ………… + (pn rn)

Where

p= likelihood of every come back in an exceedingly state of affairs

r= Rate of come back with totally different likelihood in an exceedingly given state of affairs

n= state of affairs variety

So, expected return= (1 X zero.15 ) + (5 X zero.60) +(7 X zero.25)

=0.15 + 3 + 1.75

=4.90%

Hence, the expected come back when one year are 4.90%.

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Which type of value takes into consideration an individual's equity and income tax implications?

Answers

The worth of a property as an investment is the amount an investor would pay to buy it. It refers to the exact value of an asset as defined by a set of standards. It represents an individual's assessment of the asset's fair market value.

What is investor ?

An investor is a person who invests money in a particular account, business initiative, or other opportunity with the hope of making money from it. The two main categories of investors are institutional and retail, and they frequently come from a variety of professional backgrounds.

You are a loan investor, not an owner. If you buy stock in a company, you have invested in ownership. The return you receive will be less your proportionate share of the business' profits. The initial investment amount and the enterprise value as a whole will remain connected.

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which analytics 360 feature allows you to create a new data set with a broad view of your business across products, brands, or regions by combining data from multiple source properties?

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Roll-up properties provide a broad view of your business across products, brands, or regions by combining data from multiple source properties into a single roll-up property.

By merging information from many source properties into a single roll-up property, you may give a comprehensive overview of your business across products, brands, or geographical areas.Roll-up properties: what are they?Data from both online and mobile app properties, as well as those whose data is uploaded using the Measurement Protocol, can be included in Roll-Up Properties. Data imported into Source Properties and data linked to Source Properties are not included in Roll-Up Properties

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which ratio measures the number of dollars of operating earnings available to meet each dollar of interest obligations on the firm's debt?

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Fixed charge coverage ratio measures the number of dollars of operating earnings available to meet each dollar of interest obligations on the firm's debt.

What is fixed coverage ratio?Fixed charge coverage ratio or FCCR measures the firms ability to understand the fixed charges that includes interest expenses, equipment lease expenses and debt payments. It shows the performance of a company in its earnings and the ability to cover the fixed expenses.Banks look at the Fixed charge coverage ratio to evaluate whether to lend money for business.Rents, debt payments and utilities are also covered in the fixed charges under FCCR.In nutshell Fixed charge coverage ratio helps to assess the company's overall credit worthiness.

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Urrency valuation in the interbank market is affected by all of the following except? a intervention b revaluation c devaluation d intermediation

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Currency valuation in the interbank market is affected by intervention, revaluation, and devaluation but not with intermediation. Therefore the correct answer is option "d" intermediation.

Currency values in the interbank marketplace are affected by central bank intervention; with the aid of currency revaluation; and by means of devaluation of the forex. Intermediation is a U.S. banking term that describes durations when deposits flow into "time accounts" at banks - this normally happens when hobby costs are low. Deposits waft out of banks whilst interest prices are high- that is called "disintermediation".

Money intermediation includes the obtaining of a budget within the shape of transferable deposits, i.e. finances which are constant in money phrases, acquired on a day-to-day basis, and, apart from critical banking, acquired from non-financial sources.

Currency intervention takes place while a primary bank purchases or sells the united states' very own currency inside the foreign exchange market day-to-day fee. A revaluation is a calculated upward adjustment every day a rustic's authentic change price relative day-to-day a delegated baseline, which includes salary prices, the charge of gold, or foreign money. Devaluation, the deliberate downward adjustment in the legitimate exchange fee, reduces the forex's price; in comparison, a revaluation is an upward change in the forex's cost.

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​in the nonstrategic view of bargaining a. ​the second-mover usually gains more b. ​the outcome depends on which mover can commit to a strategy c. ​the first-mover usually gains more

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The gains are usually split evenly.In a non-strategic view, the gains are generally distributed equally among the partie

Strategic planning is the process through which an organisation determines its strategy or direction and decides how to allocate its resources to achieve its strategic goals. It might also include constraints for directing how the plan is put into action. In the 1960s, firms started to prioritise strategic planning, which is still a crucial component of strategic management today. It is carried out by strategic planners or strategists who conduct extensive study and analyse the company and how it interacts with its competitive environment. Although there are numerous definitions of strategy, creating strategic goals is typically included.

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The amount of a chemical that is administered at one time is always the threshold dose. true/ false

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The amount of a chemical that is administered at one time is always the threshold dose. True.

A chemical is any substance that has a described composition. In other words, a chemical is usually made up of the same "stuff." Some chemical compounds occur in nature, along with water. different chemical substances are synthetic, including chlorine (used for bleaching fabric or in swimming pools).

Examples of chemical compounds encompass the chemical elements, such as zinc, helium, and oxygen; compounds made from factors such as water, carbon dioxide, and salt; and more complex substances like your pc, air, rain, a hen, an automobile, etc.

Two or extra elements combined into one substance through a chemical reaction form a chemical compound. All compounds are substances, however, now not all substances are compounds. A chemical compound may be an atom bonded together in molecules or crystals in which atoms, molecules, or ions shape a crystalline lattice.

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Marketers select the ____ target market approach when they group two or more submarkets into a larger target market and apply one marketing strategy. multiple choice question.

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Marketers select the segmentation target marketplace technique once they organization or more submarkets into a larger target marketplace and practice one marketing approach.

A marketer is a person who promotes a company's products and services. They parent out the strategies that can boost sales and revenue at the same time as ensuring those strategies are aligned with the needs of the customers in addition to the marketplace demand.

Marketers are preoccupied with changing their products or services into cash, whilst entrepreneurs are enjoyable the desires of their customers. therefore, what entrepreneurs offer purchasers aren't determined by way of themselves, but by the consumers. remember that your product wishes to be an effect of the marketing attempt.

Marketing jobs are determined in advertising and marketing companies, media agencies, marketing departments in commercial enterprise corporations, nonprofit corporations, and advertising and marketing research corporations. The four predominant career paths in marketing are account control, creative, media, and studies.

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Suppose a country is abundant in capital and the relative price of the good that intensely uses capital for its production increases. the stolper-samuelson theorem predicts that it will?

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Suppose a country is abundant in capital and the relative price of the good that intensely uses capital for its production increases. The​ Stolper-Samuelson theorem predicts that it​ will: see wage decreases for​ labor, because of the higher demand for the good that uses capital intensively.

The Stolper-Samuelson theorem states that there are winners and losers from the liberalization of international trade. Losses, in keeping with the framework, are in the form of lower wages for employees hired in import-competing sectors.

The Stolper–Samuelson theorem is intently related to the issue price equalization theorem, which states that, regardless of global element mobility, component costs will generally tend to equalize throughout countries that do not fluctuate in technology.

A country this is capital abundant country is capital abundant relative to every other us and if it has a better capital endowment according to exertions endowment than the opposite country is one this is properly endowed with capital relative to the opposite country.

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along a given supply curve, an increase in the price of a good will: a decrease producer surplus and increase consumer surplus. b increase consumer surplus. c decrease producer surplus. d have no impact on producer surplus, but will decrease consumer surplus. e increase producer surplus.

Answers

Along a given supply curve, an increase in the price of a good will increase producer surplus.

Supply curve, in economics, graphic illustration of the relationship between product fee and quantity of product that a supplier is willing and capable of deliver. Product rate is measured at the vertical axis of the graph and amount of product supplied at the horizontal axis.

Why supply curve is upward sloping?

The supply curve is upward sloping because, over time, providers can select how tons of their items to provide and later deliver to market.

What is an example of a supply curve?

If a 50% rise in soybean prices reasons the number of soybeans produced to rise via 50%, the deliver elasticity of soybeans is 1. On the other hand, if a 50% upward thrust in soybean expenses most effective will increase the quantity furnished through 10 percentage, the supply elasticity is 0.2.

What causes a supply curve?

Changes in manufacturing fee and associated factors can cause a whole supply curve to shift proper or left. This causes a better or lower amount to be provided at a given rate. The ceteris paribus assumption: supply curve relate expenses and quantities supplied assuming no other factors change.

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keisha invested her savings in two investment funds. the that she invested in fund a returned a profit. the amount that she invested in fund b returned a profit. how much did she invest in fund b, if both funds together returned a profit?

Answers

If keisha invested $10,000 in fund A and it returned a profit of 10%, then she would have earned $100 back. Similarly, if fund B had also returned 10% ($1,000), then she would have made an additional $110 from her 10 in Fund B alone. So together, the two funds would have generated a total return of 20%.

what do you mean by investment funds?

An investment fund is a collection of money that has been pooled together to invest in different types of assets. These can include stocks, bonds, commodities, and real estate. The aim of an investment fund is to provide stability and moderate growth by investing the money collectively. This allows for the funds to be managed more efficiently than if they were invested individually, leading to greater returns over time.

Since there are many different kinds of investments available, it can be hard to decide which one may be best for you. That's why it's important to speak with a financial advisor who will help you choose the right funds based on your needs and objectives.

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When a revenue or an expense event is recognized after cash has been exchanged it is referred to as:______.

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When a revenue or an expense event is recognized after cash has been exchanged it is referred to as Deferral.

Deferral definition. the act of postponing to a time in the future. synonyms: postpone, postpone. Types: deferred. the act of delaying to another time or place.

Deferral is an amount paid or received before a product or service is delivered. Here are some examples of delays: Premiums. Subscription services (newspapers, magazines, TV shows, etc.) This mortgage reduction option moves past due amounts from missed payments to the end of your loan term so you can keep it. make monthly payments while bringing your loan back to its current state.

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If+a+household's+income+tax+increases+by+80%+when+the+household's+income+increases+by+100%,+then+the+tax+system+is:________

Answers

If a household's income tax increases by 80% when the household's income increases by 100%, then the tax system is progressive.

Profits is the consumption and saving opportunity received via an entity inside a detailed time-frame, which is usually expressed in monetary terms. profits is difficult to outline conceptually and the definition can be one of a kind throughout fields.

The term “income” generally refers to the amount of cash, property, and other transfers of price acquired over a fixed time frame in alternate for services or products. there's no unmarried, trendy definition: earnings is described in line with the context in which the concept is used.

The definition of profits is the amount of cash obtained by using a person, group or enterprise in the course of a certain time period.

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with its designs, modern shed seeks to use limited space efficiently and effectively. into which of the following parts of an open system does this mission fall?

Answers

With its designs, the modern shed seeks to use limited space efficiently and effectively. This mission falls into the task part of an open system

This is further explained below.

What is an open system?

Generally, The contemporary storage shed makes the most of the space it has available by using its designs in an effective and efficient manner. This is included in the duties section of an open system.

In conclusion, The contemporary shed makes the most of the area it has available by using designs that maximize efficiency and effectiveness. This work is a component of an open system and thus comes within its purview.

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Movie stars such as salma hayeck, samuel l. Jackson, dwayne johnson, and jennifer lawrence are paid millions of dollars per movie, which can take as much as 6 months of full-time work for an actor. By contrast, doctors and nurses earn considerably less over the same time period. Why might this be?.

Answers

False, this does not illustrates diamond-water paradox.

By stating that the marginal good thing about services provided by doctors and nurses is significantly below the marginal good thing about services provided by major film stars, the diamond-water contradiction in terms is illustrated. this implies that whereas there's a larger demand than there area unit for major film stars, there's a larger offer of doctors and nurses. The utility that major motion-picture show stars offer to movie-goers is bigger than the utility that patients receive from doctors and nurses. this can be thanks to the actual fact that folks World Health Organization use the services of well-known actors and actresses area unit a lot of willing to pay money for them than those that use the services of physicians and nurses. although an individual's health is a lot of necessary to their quality of life than movies, customers price movies a lot of for his or her utility than their health, particularly once they need achieved a basic level of sound health. This truly explains the "diamond water contradiction in terms," during which customers area unit willing to pay a lot of for valuable diamonds than they're for the water that sustains life. In plain English, folks area unit a lot of willing to price the satisfaction they get from looking motion-picture show than they're from receiving more medical attention. that means that folks solely offer basic care desires an inspiration. However, they'll bet a lot of to urge a lot of diamonds.

Note that the full question is:

Movie stars such as Salma Hayeck, Samuel L. Jackson, Dwayne Johnson, and Jennifer Lawrence are paid millions of dollars per movie, which can take as much as 6 months of full-time work for an actor. By contrast, doctors and nurses earn considerably less over the same time period. Why might this be? While the supply of (major film stars OR doctors and nurses) is small and relatively fixed in the short run, the demand for (the average doctor or nurse OR movies featuring these film stars) is quite large globally. By contrast, the marginal benefit of the services provided by (major film stars OR doctors and nurses) is relatively low, although the total benefit is quite high. This illustrates the diamond-water paradox. True or False

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identify the form of capital market efficiency under the efficient market hypothesis described in the following statement:

Answers

The correct answer is:

SEMI-STRONG FORM EFFICIENCY-  Semi strong form of market will advocate that all the publicly available information have been discounted into the stock prices but privately available information are yet to be discounted. Weak form of market does not talk about any kind of public and private information.

It is the semi strong form of market in which only publicly available information are discounted in the market.

THE STOCK PRICE WILL INCREASE AND SETTLE AT NEW EQUILIBRIUM LEVEL-  Private informations are not discount into the market prices so there will be a scope of making abnormal return in semi strong form of market. insiders news are not discounted in prices and when the insider news will become public Information, it will be resulting into stock price setting at new levels.

FUNDAMENTAL ANALYSIS- Fundamental analysis will be related to an analysis which is  based on understanding of books of accounts of the company. fundamental analysis will help an individual investor to find out the intrinsic value and compare it with the market price and invest according to the price discrepancy.

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