The model of technological choice presented in unit 2 of the economy suggests that the main reason the industrial revolution first occurred in britain was that:_____.

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Answer 1

the main reason the industrial revolution first occurred in Britain was that in Britain the price of coal was low relative to labor. Thus, making everyone want to own and make products using the steam engine which ultimately created the first industrial revolution.

The Industrial Revolution, which took place between roughly 1760 and between 1820 and 1840, was the adoption of new manufacturing techniques in Great Britain, continental Europe, and the United States. This transition encompassed the switch from manual to mechanical production methods, the invention of new ways of producing chemicals and the iron, the expansion of steam and water power, the creation of machine tools, and the growth of the mechanized factory system.

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Business rules apply to businesses and government groups, but not to other types of organizations such as religious groups or research laboratories. true false

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Business rules apply to businesses and government groups, but not to other types of organizations such as religious groups or research laboratories. this statement is false.

A business is defined as an organization or company engaged in commercial, industrial, or professional activities. A company can be either a commercial entity or a non-profit entity. Legal forms range from limited liability companies to sole proprietorships, corporations, and partnerships.

Companies first contribute to society by distributing goods and services essential to survival. In addition, it creates employment opportunities that help individuals earn an income that meets their needs within society. Business is made up of individuals working together to meet the needs of society and common goals. Examples of businesses include Coca-Cola and Walmart, as well as small private companies such as accounting firms and local grocery stores.

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If the sum of the debit column equals the sum of the credit column in a trial balance, it indicates.

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It shows the mathematical equality of the accounting equation. When a trial balance balances, it is an indication that: debits equal credits.

Should the trial balance equal?

A trial stability is therefore a list of all the debit and credit score balances in the accepted ledger accounts. If all the man or woman double entries have been efficaciously carried out, the total of the debit balances need to always equal the total of the savings balances in the trial balance.

When a trial balance balances it is an indication that?

How a Trial Balance Works. Preparing a trial stability for a business enterprise serves to discover any mathematical errors that have occurred in the double-entry accounting system. If the whole debits equal the total credits, the trial stability is regarded to be balanced, and there must be no mathematical blunders in the ledgers.

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In an eoq model with variable demand, stockouts cannot occur.
a) true
b) false

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False, In an EOQ model with variable demand, stockouts cannot occur.

Why do stockouts occur?

An OOS event, commonly referred to as a stockout, happens when the inventory is exhausted. The most noticeable stockouts, also known as On Shelf Availability (OSA) problems, occur at the store level, though they can occur at any point along the supply chain. A lot of inventory management techniques, like safety stocks, have been developed to reduce the incidence of stockouts because they are typically viewed as issues that need to be rectified.

Overstocks occur when too much inventory is kept on hand; stockouts occur when there is not enough. A stockout often has two financial effects: first, the immediate opportunity loss brought on by fewer transactions, and second, the delayed market response as a result of aversion toward unreliable providers.

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True or false: a transaction can cause one asset to increase and different asset to decrease and still have the accounting equation balance.

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A transaction can cause one asset to increase and a different asset to decrease and still have the accounting equation balance. True, the given statement is correct.

A=L+SE does not require transactions to cross the equal sign. It is possible to swap one asset for another while keeping the balance. Total assets, total liabilities, and stockholders' equity all stay the same.

What is an accounting equation?

The accounting equation is a cornerstone of balance sheet construction and a fundamental accounting principle. The formula reads as follows:

Assets equal liabilities plus stockholder equity.

The structure of the balance sheet is highlighted by this equation, which also lays the groundwork for double-entry accounting, also known as double-entry bookkeeping. Every transaction has an impact on at least two accounts in a double-entry accounting system.

To keep the accounting equation balanced, a rise in an asset account, for instance, could be matched by an equivalent increase in a related liability or shareholder equity account. Alternatively, a decline in one asset account can be matched by a corresponding rise in another. When performing journal entries, it's crucial to remember the accounting equation.

Thus, the Accounting equation involves Assets and Liabilities.

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Price discrimination will occur when a firm can segment its existing and potential customers into different groups based on:________

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Price discrimination will occur when a firm can segment its current and potential customers into one-of-a-kind groups based on: their willingness to pay or their different elasticities of call.

Price discrimination is a promoting approach that fees customers exclusive prices for the same service or product primarily based on what the vendor thinks they can get the purchaser to agree to.

Price discrimination is a microeconomic pricing method wherein equal or largely comparable goods or offerings are sold at special fees by the equal company in one-of-a-kind markets.

Organizations use charge discrimination to target customers who can't otherwise find the money for their products, without losing revenue from those clients who can have the funds to pay the complete price.

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The most important constraints on participation in leisure-time activities and organizations are?

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There is an absence of monetary assets and chronic health.

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If the total utility from consuming eight units of a product is 123 and the marginal utility of a ninth unit is 3, then the total utility from consuming nine units would be:________

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If the total utility from consuming eight units of a product is 123 and the marginal utility of a ninth unit is 3, then the total utility from consuming nine units would be 126.

What is marginal utility?

The additional pleasure a customer experiences from owning a unit additional unit of such an item or commodity is known as marginal utility.

Marginal utility = total utility difference / quantity of goods difference

Since there is no possibility that the borrower's usefulness might have decreased, 120 cannot be the answer.

One will obviously recognize that the marginal utility of the ninth unit is 3

Since, the consumer received a total utility of 123 from the first eight units of goods,

123+3 = 126 ought to be the result.

The total utility from consuming nine units would be 126.

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The _____ of a project is the total value of the benefits minus the total value of the costs, with both costs and benefits adjusted to reflect the point in time at which they occur.

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The Net present value (NPV) of a project is the total value of the benefits minus the total value of the costs, with both costs and benefits adjusted to reflect the point in time at which they occur

What is the Net present value (NPV)?

Calculating the expenses (negative cash flows) and benefits (positive cash flows) for each period of an investment yields the NPV. The present value (PV) of each period is then determined by discounting its future value (see Formula) at a periodic rate of return after the cash flow for each period has been calculated (the rate of return dictated by the market). The total of all the future cash flows that have been discounted makes up NPV.

For a series of cash flows that happen at various dates, the net present value (NPV) or net present worth (NPW) is used. The amount of time until a cash flow is expected determines its present value. The discount rate also plays a role. NPV takes the time value of money into the account. It offers a tool for assessing and contrasting capital projects or financial products with cash flows distributed over time, such as loans, investments, insurance contract payouts, and many more applications.

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Facilities like the ymca and parks and recreation departments are associated with what kind of setting?
a. youth setting
b. nonprofit setting
c. community setting
d. athletic setting

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Facilities like the ymca and parks and recreation departments are associated with ------  community setting

Community Setting –

Setting for which the First purpose is not medical care, for example, geographic communities, schools, churches, homeless shelters, worksites, libraries.

Non profit setting :

A non-profit setting  is a group organized for purposes other than making  profit and in which no part of the organization's income is shared to its members, directors, or officers.

What is the difference between not for profit and nonprofit?

Revenues.

How they're different: Nonprofits run with the purpose of maximizing revenues for the causes they support; not-for-profits do not run with the goal of generating revenue and any money earned has to go back into the organization itself

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_________are the source of a firm's __________, which are the source of the firm's __________.

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The resources are the source of a firm's capabilities, which are the source of the firm's core competencies RCC.

How Do You Define Resource?

In the corporate world, resources are converted into useful goods or services. The infrastructure, labor force, armed forces, and natural wealth of a nation is employed for the development of its economy and political system as well as for the benefit of its citizens. Numerous fields, including economics, business, the environment, and human society, have used the concept of resources.

Three characteristics are shared by resources:

Utility: Resources are employed to meet customer needs.

Limited accessibility: The supply of resources is insufficient compared to the demand.

Potential for depletion: As resources are used up, their availability decreases progressively.

Depending on their source, resources can be classed in a variety of ways, such as biotic or abiotic, renewable or non-renewable, and potential or actual.

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Once a disclosure of brokerage relationship is given to a non-client, the non-client must?

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The non-client need to affirm his/her liscense.

The brokerage disclosure is a written clarification signed by the potential buyer or seller of real estate, which surely explains the broker's role in the transaction.

How lengthy have to a broking hold written disclosure of brokerage relationships on file?

Brokers must preserve brokerage relationship disclosure documents for 5 years for all nonresidential transactions that make use of detailed sales associates that result in a written contract to purchase and promote actual property. This requirement consists of archives of houses that may also have failed to close.

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Why do we expect satisfied employees to provide higher-quality service to customers?

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it is because of Job enrichment we expect satisfied employees to provide higher-quality service to customers

This is further explained below.

What is Job enrichment?

Generally, Job enrichment is a method that includes adding new aspects to already existing jobs in order to make them more exciting and engaging for employees. In general, job enrichment refers to a strategy that involves adding new facets to previously existing duties.

It is the technique of introducing extra sources of incentive into pre-existing employment in order to increase work happiness and output levels among employees. The goal of this approach is to raise job satisfaction and productivity levels.

A customer is the recipient of an item, service, product, or idea that was acquired from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valued consideration.

Customer may also refer to the person who receives the item, service, product, or idea. When discussing topics related to sales, business, and economics, the phrase "client" is often used.

In conclusion, We anticipate that pleased workers will give higher-quality service to clients as a direct result of job enrichment initiatives.

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complete question

Why do we expect satisfied employees to provide higher-quality service to customers? Multiple Choice

equity theory

turnover factor

spillover effect

reciprocity

job enrichment

You want to buy a house and will need to borrow $265,000. the interest rate on your loan is 6.01 percent compounded monthly and the loan is for 20 years. what are your monthly mortgage payments?

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$1,900.07 are your monthly mortgage payments. As the interest rate on the loan is 6.01 percent compounded monthly and the loan is for 20 years.

What is interest rate?

An interest rate is a fee that a lender assesses to a borrower; it is calculated as a percentage of the principal, or the loaned amount. The annual percentage rate, or APR, is typically used to express the interest rate on a loan.

For instance, a person's repayment to the lender will be $105 if person borrow $100 at 5% interest. Lender will profit by $5. The interestd rate is calculated.

Thus, it is $1,900.07.

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Of the big five personality dimensions, the highest correlation with leadership is?

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Of the big five personality dimensions, the highest correlation with leadership is surgency.

What are the five personality dimensions?

Neuroticism and agreeableness. They can be recalled by using the abbreviations OCEAN or CANOE.

Openness - Indicates a person's receptivity to new experiences. In a rapidly expanding organization where there are many changes and ambiguities, a high score on this feature is beneficial. The mid-scorers are frequently excellent since they are frequently open-minded but also realistic and level-headed. Pay close attention to those who scored at the absolute bottom of the range since they may be resistive to change and may impede innovation and advancement.

High: enjoys taking on new tasks and is curious, innovative, and unusual. Medium: is adaptable but also values tried-and-true techniques.

Low-key, prefers familiarity, may not publicly show their emotions and is plain and down to earth.

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When evaluating eyewitness testimony, the investigator must discriminate between fact and?

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When evaluating eyewitness testimony, the investigator must discriminate between fact and opinions.

What is testimony?

In the law, testimony is a sort of evidence that is gathered from a witness who makes a serious statement or declaration of fact. Written or spoken testimony is typically given under oath or affirmation under penalty of perjury. Written testimony is typically seen by one or more people who swear or acknowledge its authenticity, also under penalty of perjury, in order to be acceptable in court and for maximum trustworthiness and validity.

Evaluation of the any testimony follows the evidence given. The examiner attempts to piece together the events (facts) of the crime into a logical pattern following the witness examination. They then decide whether or not this pattern of events is supported by the evidence and the witness testimony.

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Which step in the public policy cycle usually coincides with the federal budget process?

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Evaluation step in the public policy cycle usually coincides with the federal budget process.

Policy Evaluation is a systematic collection and analysis of the information to make the judgements about characteristics, activity, context and the outcome of more than one domain. Evaluation used to inform and improve policy development, implementation, adoption, and effectiveness. It also helps to builds the evidence base   for the policy interventions.

It also help governments improve the design and implementation of public policies that, can lead to prosperity for their country and well-being for the citizens. These evaluation contribute in overall development of the economy.

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Comparing vendor invoices to inventory prices, obtaining lower of cost or market data and recalculating deprecation schedules relate to the ______ assertion.

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The correct answer is valuation and allocation.

You may list and keep track of the inventory goods you get from your suppliers using inventory receipts. Despite the fact that inventory items may be delivered with or without inventory receipts, all inventory items must first be listed on inventory receipts in order to produce, store, and pay purchase invoices.

What should a vendor invoice contain?

When a consumer purchases products and services on credit, the provider creates and sends an invoice. Vendor invoices comprise the sum due, tax amounts, freight and delivery costs, the due date for payment, and the address to make the money to.

A vendor bill is an invoice that the business receives for goods and services it has acquired from suppliers and is thus counted as a cost.

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If there's upward pressure on price how does this affect the supply side of the market?

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If there's upward pressure on price, there would be an increase in the quantity supplied.

What the relationship between price and the quantity supplied?

There is a positive relationship between price and the quantity supplied. When there is an increase in price, the quantity supplied increases all things being equal.

The positive relationship between price and the quantity supplied is a result of the desires to earn more profit. So when price increases, in order to earn higher income, producers would increase the quantity supplied.  This postulation is in line with the law of supply.

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According to the growth-share matrix, __________ are high-share, high-growth products. when the market growth slows these products become __________.

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According to the growth-share matrix, STARS are high-share, high-growth products. when the market growth slows these products become CASH COWS.

What does marketing's growth share matrix mean?The reasoning behind the growth share matrix is that market leadership yields greater profits that are sustainable. In the end, the market leader achieves a cost advantage that is tough for rivals to match. The markets with the most development potential are then indicated by these high growth rates.

Building a Growth-Share Matrix

Build a matrix. Make a grid of two by two boxes.Establish categories. Put a dog in the lower right box, a question mark in the upper right box, a cow in the lower left box, and a star in the upper right box.Include labels.Determine your finances.Make judgments.

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Which quality is evident in the revised version of the following paragraph? Original: During our monthly meeting last month, we all came to the conclusion that overtime procedures are inadequate and that new procedures need to be initiated. i discussed this problem with our chief accountant, who was sympathetic and agreed to consider any changes we would like to make to the present procedures. please bring your suggested changes to this month's departmental meeting scheduled for 2:30 p.m. next wednesday afternoon. Revision: During last month's meeting, we concluded that our overtime procedures need revision. our chief accountant has agreed to consider any changes we would like to make to the present procedures. please bring your suggested changes to this month's departmental meeting scheduled for 2:30 p.m. next wednesday.
a. correctness b. accuracy c. comprehensiveness d. conciseness

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The quality which is evident in the revised version of the given paragraph is conciseness.

Conciseness is regarded as the quality of being short and clear, and through expressing what needs to be said without mentioning unnecessary words. So this quality is evident in the revised version.

So here, during the monthly meeting previous month, they all came to the conclusion that overtime procedures are inadequate and that new procedures need to be initiated. Thus, this problem was addressed in the coming month's meeting and the necessary actions were taken.

Thus, conciseness is by communicating complete information about a topic or an idea in a few words.

Hence, option D is correct.

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When calculating free cash flows to common equity shareholders, financing activities do not include?

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When calculating free cash flows to common equity shareholders financing activities do not include: Adjustments for capital expenditures

Why free cash flow is important?

Free cash flow is important to investors and business analysts as it tells how much cash your company has at its disposal. They often assess your free cash flow to assume whether your company has sufficient cash to repay debts, issue dividends and buy back shares.

What affects free cash flow?

The company's net income greatly impact on  a company's free cash flow by influencing a company's ability to produce cash from operations.

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In order to qualify for fha financing insurance, what type of requirements must a subdivision meet?

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In order to qualify for FHA financing insurance, the type of requirements which a subdivision must meet is FHA requirements.

A Federal Housing Administration (FHA) mortgage insurance premium is referred to as an additional fee which a person may pay in order to protect the lender's financial interests in case a person default on their FHA loan.

The FHA has its main function of insuring the loans, so it is sometimes referred to as a giant mortgage insurance agency. So in order to qualify for FHA financing insurance, a subdivision must meet the type of FHA requirements.

Hence, the FHA requires mortgage insurance for all the loans, these loans comes with an upfront and annual premium.

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Movement along the demand curve showing that a different quantity is purchased in response to a change in price.

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Movement along the demand curve showing that a different quantity is purchased in response to a change in price change in quantity demanded.

What happens when there in movement in curve?


The quantity demanded moves along the same curve if the quantity wanted of a given commodity changes due to a change in price while all other parameters remain constant.

The crucial thing to keep in mind is that while the price of the product fluctuates, other elements, like as the consumer's income and preferences as well as the costs of other commodities, etc., remain constant.

The quantity sought is affected by the price change in this case, but the demand curve remains the same as it was before the price change. The demand curve is moving in this direction. Along the demand curve, movement may take place in either an upward or downward direction.

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Which is a good example of differentiated instruction? giving every student a different subject area goal to work toward teaching students in several different grades at the same time requiring students to come up with many ways to solve the same problem assigning a project but letting students complete it any way that they want

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Differentiating instruction may entail having the teacher offer lessons at various degrees of difficulty depending on the aptitude of each student, or it may entail presenting the same topic to all students using a range of instructional methodologies.

Differentiation refers to modifying instruction to accommodate student requirements. This approach to instruction is effective because it uses ongoing evaluation and flexible grouping, regardless of whether teachers differentiate material, process, products, or the learning environment. The concept of differentiated teaching has its origins in the one-room schoolhouse era, when all pupils, regardless of age, were taught in the same classroom by the same instructor. Children of the same age were thought to study equally as the educational system changed to graded schools.

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Jenna changes the amount of butter she purchases depending on whether it costs $3, $4, or $6 a pound. in order to derive her demand curve for butter, what other information do we need?

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She bought butter at various price ranges.

The demand curve shows how much a person decides to buy at different prices. To plot the curve, we need to know how much butter Jenna buys when it costs $3, $4, and $6.

What is Demand Curve

A demand curve in economics is a graph that shows the relationship between the cost of a particular good (y-axis) and the amount of that good  desired at that cost (x-axis). You can use the demand curve to analyze the relationship between price and quantity for a specific consumer (single demand curve) and  all consumers in a specific market (market demand curve). The demand curve is usually assumed to be sloping as shown in the graph below. This is due to the law of demand, in most cases the higher the price, the lower the demand. However, in certain circumstances this rule does not apply. Veblen goods, Giffen goods and asset bubbles are  examples of this kind of phenomenon. Buyers are attracted to goods when the price increases.

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As an example of the expansion of global marketing, oreos can be found in how many countries?

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As an example of the expansion of global marketing, Oreos can be found in more than 100 countries

What is global marketing?

Selling a product abroad is only one aspect of global marketing. Instead, it encompasses every step of organizing, creating, distributing, and advertising a company's goods on a global scale. With the growth of the Internet, even small firms may now contact customers throughout the globe. Large corporations frequently maintain offices in the foreign nations they market to.

Even if a business decides against going global, it might still have to compete with foreign firms doing so at home. Due to the competition, most businesses now consider having an international presence to be almost necessary.

For goods with widespread consumer demand, like food and automobiles, global marketing is especially crucial. As a result, a beverage firm is more likely to be present in more markets than, for example, a wooden toy company; nevertheless, even a wooden toy company may find niche markets in various parts of the world.

Thus Global Marketing blurs the physical boundaries and helps the sellers to connect to potential buyers.

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Consumer efficiency theory infers that a business needs to adjust to whatever __________ will increase the shopping efficiency of the average shopper.

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According to the notion of consumer efficiency, adjustments to market trends should be made in a way that will improve the typical customer's ability to purchase effectively.

The definition of economic efficiency is the distribution or allocation of all goods and factors of production in an economy to their most valued uses while minimizing or eliminating waste. In order to serve each person or entity in the best possible manner while minimizing waste and inefficiency, economic efficiency implies an economic state. Any adjustments made to benefit one entity would hurt another in an economically effective economy. The cost of production is kept as low as feasible for both the fixed and variable inputs of production.

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All other things remaining the same, if the revenue or sales decreases, asset turnover ratio will?

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All other things remaining the same, if the revenue or sales decreases, asset turnover ratio will increase.

What is asset turnover ratio?Asset turnover, total asset turnover, or asset turns is a financial statistic that gauges how effectively a business uses its assets to generate sales revenue or other sales-related income.In the retail industry, it is regarded positive when the total asset turnover ratio reaches 2.5. But for a business, the target value lies between 0.25 and 0.5.The total revenue that a corporation keeps is known as net sales. It is the gross sales for a certain time period less any customer refunds, concessions, or discounts.

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Although most money market securities are of low risk, they are not risk-free. true false

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Although most money market securities are of low risk, they are not risk-free.The statement is true.

What is money market?

The money market is referred to as a market that enables short-term investment for the individual. Large quantities of very short-term debt instruments, such as unsecured reserves or commercial paper, are bought and sold in this process.

Money market securities are of low risk as they received protection and safety from the Federal Deposit Insurance Corporation (FDIC) at banks which reflects that funds invested in this market can never lose their worth and seek stability.

Therefore, the statement is True.

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Several members of a self-help group are making t-shirts for the group to wear in a parade. this is an example of which element of group therapy?

Answers

This is an example of Group cohesiveness element of group therapy.

Group cohesiveness

When ties bind individuals of a social group to one another and to the group as a whole, cohesion among the group results. Despite having many different aspects, cohesiveness may be divided into four key parts: social ties, task relations, perceived unity, and emotions.What, using an example, is group cohesion?Here are some real-world examples of cohesive groups: Sports teams, like a football or cricket team, exhibit exceptional teamwork by cooperating as a single unit to win a game. A family is seen as a cohesive entity because each member prioritises the satisfaction of the whole group over personal gain.

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Other Questions
The Amari family installed an inground pool, what is the volume of the inground pool?50 points for the answer When amy stepped on a sharp nail, she felt pain. for her to feel pain, there must have been sufficient __________ of a neuron to create __________, which is the first step in neural communication. What is a first step to solve the equation 0.3n - 15 = 0.2n - 5? Read the sentence._[blank] is less popular now because to make it causes a lot of pollution.Which option correctly completes the sentence?lyocellO acetateO nylonrayon True or false: a substance must be radioactive in order for it to emit radiation. The property of water whereby molecules tend to stick to objects is called? cohesion surface tension dissolving ability adhesion viscosity The answers to choose from are:redundancy double pronoun indicatoradverbs vs adjectives incorrect word choice Exercise 1 Place a check next to each sentence that contains an auxiliary verb. In the sentences that contain an auxiliary verb, underline the verb phrase. Then circle the auxiliary verb.The cars also have additional safety features. chWhich of these most accurately identifies the goals of the Arab League?4xA Oppose communism or political alliances with communist countries among the countries in the Arab world4x B**CDRemove the Jewish nation of Israel and establish an Islamic country in the region of PalestineControl the prices of petroleum to ensure economic growth for petroleum exporting countriesits Reserved. Terms | Privacy PHONE 1-877-377-9537 | FAX 1-877-816-0808 BlogEt8 of 10Establish positive and lasting political and economic relationships between Arab countries in Africa and the Middle East6708:21CC*0Next ENG 6:38 PMIN 9/19/2022C Suppose you have a very efficient study system. then, as you increase the hours that you study for an economics exam, the opportunity cost of studying for the exam:_________ PLS HELP ASAP WILL GIVE 50 POINTS TO RIGHT ANSWER, IF NOT RIGHT OR INVALID WILL REPORT BAN, AND GET POINTS BACK!!!!!!!!!!!!, PLEASE HELP Designations for accountants within public accounting other than a cpa include ______. Personal property are and are held either to consume and use or to generate a return or income as an investment. an example of personal property is:_______ sociologist robert merton (1942) named four norms that scientists should follow. one of these norms is , which means that scientists should accept almost nothing at face value. if researchers follow the theory-data cycle and follow the norms of the scientific community, science will be Exercise 2 Circle the appositive or appositive phrase in each sentence.The Wright brothers, Orville and Wilbur, are credited with the first flight. The client reports using an over-the-counter (otc) drug to treat insomnia. what classification of otc medications is often used for this purpose? _______ can be done at three levels: product attributes, benefits, and beliefs and values. The nurse is assessing a client who is bedridden. for which condition would the nurse consider this client to be at risk? Find the measure of the missing angles.b=93C=CbO Which factor would the nurse evaluate when assessing an elderly patient using the morse fall scale?