2
Macro Topic 1.6
Changes in Equilibrium
Assume that only hamburgers are made from ground beef and that hot dogs and hamburgers are
perfect substitutes. Pickles are a complement for hamburgers and mason jars are used to package
pickles and jelly. Show what will happen in each market if the price of ground beef significantly
increases.
A. Market for hamburgers
B. Market for hot dogs
c. market for pickles
d. market for mason jars
e. market for jelly
Answers
Answer:
A. Market for hamburgers -- decreases
B. Market for hot dogs - increases
c. market for pickles --decreases
d. market for mason jars ---decreases
e. market for jelly-- no effect
Explanation:
A. Market for hamburgers
Since, hamburgers are made of beef, of price of beef increases, then price of hamburgers also increases and hence as consumers are price sensitive for normal goods market for hamburgers will decrease
B. Market for hot dogs :
As price for hamburger will increase, consumers will start looking for alternatives. as given that hot dogs are perfect substitute, market for hot dogs will decrease
c. market for pickles : Given that pickles are complementary for hamburgers. If market for hamburgers has decreased, its complementary good will also be less in demand and hence market for pickles will decrease.
d. market for mason jars : now we know that market for pickles has decreased, hence goods require to pack it will be in less demand and hence market for mason jars will decrease as well
e. market for jelly: Since dependency for jelly not given, it is not impacted by any of the above goods and hence market for jelly not be imapcted and it will remain same.
Related Questions
a 100 square mile area of national forest is how many acres ? how many hectares?
Answers
Based on the calculations, the area of national forest is equal to 64,000 acres and 25,600 hectares respectively.
How to calculate the area of a square?Mathematically, the area of a square can be calculated by using this formula;
A = x²
Where:
A is the area of a square.x is the side length of a square.What is measurement?Measurement refers to a process through which the dimensions, size (weight), or other physical quantities of magnitude that are associated with an object or land is taken, especially for use in a scientific research and experiment such as direct comparison.
How to convert the units?1 square mile = 640 acres
100 square mile = X acres
Cross-multiplying, we have:
X acres = 640 × 100
X acres = 64,000 acres.
For the area in hectares, we have:
1 hectare = 2.5 acres
X hectare = 64,000 acres
Cross-multiplying, we have:
2.5X acres = 64,000 acres
X = 64,000/2.5
X = 25,600 hectares.
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josie has 800 savings account that earns 10 interest per year
Calculate the interest after 1 year
Answers
Answer:
$880
Explanation:
Use the compound formula: \(A=P(1+\frac{r}{n} )^n^t\)
A=final amount
P=Initial balance (in this case 800)
r=interest rate (in this case 10%=0.1)
n=number of times interest applied per time period (in this case 1)
t=time (in this case 1)
Substitute into the formula: \(A=800(1+\frac{0.1}{1} )^(^1^)\)
Solve: \(A=800(1.1)^1\)
\(A=880\)
I hope this helped you! (:
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managment is not a choice it is necessity
Answers
Answer:
The Need for Management: Management is needed in order to coordinate the activities of a business and make sure all employees are working together toward the accomplishment of the organization's goals.
Explain the nature of human population change over the last 3000 years.
Answers
Answer:
Abstract
Explanation:
The dependence of humans on nature has come into focus as the human population continues to grow, resources diminish and production technology stagnates – threatening human well‐being on a global scale. Numerous previous models describe human population dynamics, in relation to a multitude of different factors. However, there are no consistent driving factors of human demography through history, which makes predicting future changes more challenging.
What’s the best way to find the load capacity of a crane?
Answers
The load capacity of a crane is the maximum weight it can carry safely. There are several ways to determine the load capacity of a crane, and some of the best ways are discussed below:
1. Crane charts: The easiest way to determine the load capacity of a crane is to refer to its crane chart. The chart should list the different boom and jib lengths, as well as the corresponding load capacities for each configuration.2. Load test: A load test is a practical way to determine the crane's load capacity.
A load is applied to the crane, and its performance is measured to ensure that it meets the safety standards. The load test is usually done by a qualified technician.3. Calculation: Another way to determine the crane's load capacity is through calculations.
The capacity is calculated based on the crane's boom length, the load radius, and the load weight. This method requires knowledge of the crane's design, specifications, and safety factors.4. Manufacturer's specifications: Manufacturers typically provide the load capacity specifications for their cranes.
The information is usually available in the crane's user manual or through their website. It's essential to refer to the manufacturer's specifications because they provide the most accurate information about the crane's load capacity.5. Consult a qualified engineer: If you're still unsure about the crane's load capacity, it's best to consult a qualified engineer.
An engineer can assess the crane's design and provide an accurate load capacity specification. They can also ensure that the crane meets all the necessary safety standards and regulations.
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In order to help you answer this true/false statement, which words should be underlined?:
Black cats can only be found in countries in Northern America.
a. Only, in, Northern America Northern America
b. Black cats, only, countries, Northern America
d. Countries, Northern America
Please select the best answer from the choices provided.
Answers
Answer:
Northern america and countries
Explanation:
Its a capital, duh
Answer:
D
Explanation:
because u would have to know it a capital thank you pls tell me if its wrong
Which of the following results is Highly Meets for the query[maps], English(US)?
Answers
A Wikipedia article that defines the word "map" and discusses many kinds of maps, the history of maps, and the study of maps is true.
What is Wikipedia?Wikipedia article on the subject "outline" would give a comprehensive definition of the term and cover different perspectives such as diverse sorts of maps, the history of maps, and the study of maps.
Wikipedia could be a broadly utilized online reference book that covers a tremendous extend of subjects, counting maps, and is known for its extensive articles with point by point data on different subjects.
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Which of the following results is Highly Meets for the query [maps], English US?
True or False: A Wikipedia article that defines the word "map" and discusses many kinds of maps, the history of maps, and the study of maps.
PLEASE HELP FAST!!!!
9. Which of the following statements most directly expresses the author’s thesis in the passage?
A. The choice of whom to fight for is one that reflects a person’s values and priorities.
B. Those who fight for acceptance make life more tolerable for others.
C. Those who live unapologetically make life more tolerable for others.
D. To combat systemic discrimination, we must reframe our perspective on acceptance.
E. Antiquated views regarding women’s bodies perpetuate systemic discrimination.
PLEASE NOTE IT IS NOT C or D
Answers
Option A is the correct answer:
Why the above option is correct?
The writer indirectly says that she fights for everything in her life for the sake of the other person, she also asks that the choice of whom to fight for is one that reflects a person's values and priorities.
Acceptance is the key to everything the writer also convinces that people's life is better because of fat people and she also says that blaming won't give them anything and instead these people are very vulnerable in return and they won't deserve that. To summarize people are in a pathetical situation blaming the fat people
Hence The choice of whom to fight for is one that reflects a person’s values and priorities is the correct option
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On average, the more hours a student effectively studies, the better their exam score. A researcher could tell the strength and direction of this relationship using a _________.
(research methods psychology)
Answers
Note that were on average, the more hours a student effectively studies, the better their exam score. A researcher could tell the strength and direction of this relationship using a correlation coefficient.
Who is a researcher?Responsibilities of the researcher include data analysis, collecting and comparing sources, ensuring facts, sharing results with the entire research team, following the necessary methods, conducting site visits when necessary and maintaining the confidentiality of critical information.
It is to be noted that a correlation coefficient is a statistical measure that is used to quantify the strength and direction of a linear relationship between two variables. It ranges from -1 to 1, with -1 indicating a strong negative relationship, 0 indicating no relationship, and 1 indicating a strong positive relationship.
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Why is the Copernican Revolution significant?
Answers
The Copernican Revolution gave us a fundamental conceptual framework for understanding the cosmos. We are neither special nor privileged in the universe.
What was the impact of the Copernican Revolution on the world?It wouldn't be an exaggeration to state that the Copernican revolution radically altered how we view our role in the cosmos. While we now know we are on just one of several planets orbiting the sun, ancient people thought the Earth was the center of the solar system and the cosmos.
The Copernicus theory altered society in what ways?By developing the heliocentric theory of Earth's relationship to our Sun, Nicolaus Copernicus (1473–1543) altered how educated people perceived the world. The other planets and Earth, according to the heliocentric theory, which is now accepted as fact, rotate around the Sun.
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Examine the production possibilities curve for Microville below.
(a) Does this production possibilities curve represent constant opportunities or increasing opportunity cost? Explain.
(b) Microville decided to produce 10 boats, what is their opportunity cost? Explain.
(c) Explain what would have to happen for Microville to be able to produce 15 boats and 15 cars.
(d) Assume there is another country called Macroville. If they use all of their resources they can either produce a maximum or 20 boats or 30 cars. Which country between Macroville and Microville has an absolute advantage in producing boats? Explain.
(e) Assume there is another country called Macroville. If they use all of their resources they can either
produce a maximum or 20 boats or 30 cars. If both countries were to specialize in producing either
boats or cars, which good would each country produce? Explain.
Answers
Answer:
Out of all possible outcomes, it would most likely answer "d" as other options do not seem to match as well as answer D.
Explanation:
Below are the answers to some of these questions.
(a) The production possibilities curve for Microville represents increasing opportunity cost. This is because as more of one good is produced, the opportunity cost of producing another unit of that good increases. For example, if Microville produces more boats, the opportunity cost of producing another boat increases because they have to give up more cars to produce another boat.
(b) If Microville decided to produce 10 boats, their opportunity cost would be 10 cars. This is because for every boat they produce, they have to give up one car. Therefore, the opportunity cost of producing 10 boats is 10 cars.
(c) In order for Microville to be able to produce 15 boats and 15 cars, they would need to increase their production possibilities. This could be done through an increase in resources, such as labor or capital, or through technological advancements that increase productivity.
(d) Macroville has an absolute advantage in producing boats because they can produce a maximum of 20 boats while Microville can only produce a maximum of 15 boats. Absolute advantage is the ability to produce more of a good or service than another producer using the same amount of resources.
(e) If both countries were to specialize in producing either boats or cars, Microville should specialize in producing cars and Macroville should specialize in producing boats. This is because Microville has a comparative advantage in producing cars, as they can produce cars at a lower opportunity cost than Macroville. Similarly, Macroville has a comparative advantage in producing boats, as they can produce boats at a lower opportunity cost than Microville. By specializing in the good they have a comparative advantage in, both countries can produce more of that good and trade with each other to increase their overall production and consumption.
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The federal government taxes individuals on interest earned from state bonds. The state of Washington declares that interest earned on state bonds will be free from federal tax. The case goes to the Supreme Court. Which of the following rulings is most likely in this case? The court sides with the federal government, citing federal nullification of state laws. The court sides with the state government, citing state sovereignty regarding taxation. The court sides with the federal government, citing federal supremacy over state laws. The court sides with the state government, citing the Constitution’s necessary and proper clause.
Answers
Is the NSHSS a scam?
Answers
Answer: Yes, it is.
Explanation: Many college counselors and advisors have warned against falling for this scam. The NSHSS states that in order to access the potential scholarships, you have to pay to join it. That's simply not true, as no legit scholarship will ever require you to pay to apply for it.
Answer:
Yup
Explanation:
This is one of those advertisements that can scam you for your money even though they say everything is free. Be careful
Answer all parts below!!
Answers
(a) GarysGym does not have a dominant strategy. A dominant strategy is a strategy that is always the best choice for a player, regardless of the choices made by the other player. In this case, GarysGym does not have a strategy that is always the best choice. For example, if GarysGym chooses to maintain its price, it will receive a payoff of $350, but if it chooses to lower its price, it will receive a payoff of $80. Similarly, if GarysGym chooses to advertise, it will receive a payoff of $700, but if it chooses not to advertise, it will receive a payoff of $460.
(g) The Nash equilibrium in this game is for both GarysGym and E-Fitness to maintain their prices and not advertise. This is a Nash equilibrium because, given the strategies chosen by the other player, neither player can improve their payoff by changing their strategy. For example, if GarysGym chooses to maintain its price and E-Fitness chooses not to advertise, GarysGym will receive a payoff of $450 and E-Fitness will receive a payoff of $300. If GarysGym were to change its strategy to advertise, it would receive a payoff of $700, but E-Fitness would also receive a higher payoff of $350. Therefore, GarysGym has no incentive to change its strategy, and the same is
If the following words were arranged to make the best sentence, with what letter would the fifth word begin? YARDS IS A TEN HUNDRED TO POSSIBLE SECONDS IN RUN IT
r
a
s
t
h
The correct answer was "It is possible to run ten yards in a hundred seconds . The correct answer is "r"
Answers
Answer:
It is possible to R un ten yards in a hundred seconds.
Explanation:
what does a review of relevant literature do
Answers
A review of relevant literature will give a critical assessment of the sources.
What is a literature review?A literature review is a piece of academic writing that contextualizes and demonstrates knowledge of the academic literature on a given subject.
A review of relevant literature is a crucial component of research that entails assessing the literature and research studies that have already been conducted on a particular research question or issue.
It seeks to pinpoint the gaps in current knowledge, highlight important discoveries and trends, and decide on the most efficient research procedures and techniques.
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The purpose of fractional reserve banking is to:
Answers
Answer: See explanation
Explanation:
Fractional Banking refers to a banking system whereby banks hold a fraction of the deposits that's made to them.
The purpose of fractional-reserve banking is that it allows the provision of credit by the banks which then brings about liquidity to the depositors. Also, it should be noted that the banks provide loans to borrowers, thereby acting as dinancial intermediaries to the funds.
#1#1
Which of the following MOST significantly reduces limitations on the movement of people across borders?
The dissolution of a supranational group in a region The rise of imperialism in a region The devolution of power to local political leaders The annexation of another state The formation of a federation
#2
Import substitution industrialization (ISI) policies are intended to do all of the following EXCEPT
increase gender equality decrease unemployment aid local businesses reduce dependency stimulate innovation
#3
The countries that form the economic core of the global economy all have which of the following characteristics in common?
They use high tariffs to protect domestic production. They once relied on slave-labor power. They have a high level of infrastructure development. They began as colonial powers. They have entirely post-agricultural economies.
#4
How does offshoring affect the spatial organization of the world economy?
I. It pulls populations into urban areas from rural areas.
II. It increases exports from countries that industrialized most recently.
III. It leads to greater levels of resource extraction in former colonies.
IV. It shifts manufacturing from developed regions to developing regions.
I and II I and IV II and III II and IV III and IV
#5
In which of the following scenarios would gentrification LEAST likely occur?
I. Even though many of its employees live in the suburbs, the corporation built its new headquarters in the city because of the low land prices.
II. The tenements were demolished and replaced with a shopping mall and town houses.
III. Many unique fast-food restaurants were built on the city’s south side.
IV. A city neighborhood has several historic buildings with unique architecture, which appeal to young artists.
I only III only I and III II and IV I, II and IV
#6
Which of the following BEST describes a weakness of Wallerstein’s world system theory?
It does not take into account the constantly changing state of the world economy. It expects countries to develop much faster than they are today. It does not expect countries in Asia and Africa to develop. It assumes developed countries will stop developing and begin to regress. It is too specific to apply to countries across the world.
#7 (Picture of 100s of cows standing in a pen)
The agricultural practice shown in the picture above contributes to the emission of the greenhouse gases that produce climate change because of the
vapors given off by the pesticides used to keep livestock healthy population increases that are made possible by mass-produced food supplies large amount of energy needed to supply feedlot livestock with a grain-based diet conversion of methane from manure into a source of energy for the operation concentration of large numbers of animals in a single location
#8
A farmer plows his field using oxen and a wooden plow to create trenches in the soil. He and his son then plant the rice that will later feed him and his family. Which of the following statements can be inferred about this farmer and his family?
I. The family opposes the global industrialization of agriculture.
II. The family lives in a village in Southeast Asia.
III. The family lives and works in a developed country.
IV. The family has not been affected by the advances of the Green Revolution.
I only III only I and II II and IV III and IV
#9
Which of these was important at the beginning of the Industrial Revolution but is no longer important to highly developed countries?
Access to large markets Technological monopolies Transportation infrastructure Proximity to sources of energy A well-trained workforce
#10 The map above shows the consequences of
bureaucratization imperialism political frag mentation liberal internationalism decolonization
#11
Countries X and Y border each other. Country X establishes its boundaries to include the mouth of a major river flowing through the region. Country Y establishes its boundaries to include a portion of the river that Country X has already claimed. Country Y builds a wall to surround its section of the river. To avoid this dispute, countries X and Y should have come to a clear agreement during which step or steps of the boundary’s location?
I. Definition
II. Delimitation
III. Demarcation
IV. Administration
II only IV only I and II II and III II, III, and IV
#12
Which of these events resulted in the creation of nation-states?
I. The breakup of Yugoslavia
II. The end of imperialism in Africa
III. The fall of the Soviet Union
IV. The end of colonization in the United States
I only IV only I and III I, II, and III II, III, and IV
Answers
Answer: Abcd I think sorry it’s hard
Explanation:
Jordan Hernandez is a Tax Professional working in a large office. As she is walking to the break room, she sees a stack of completed tax returns and other client data on an empty workstation where other clients could gain access. What should Jordan do?
Answers
Since Jordan Hernandez is a Tax Professional working in a large office, the thing that Jordan need to do is option B.) Jordan should immediately secure the files in a locked location and ask her Team Leader about them.
What does tax pro mean?A tax professional is someone who has the education, training, and practical experience necessary to help you prepare your taxes. A tax expert maintains current on tax laws, rules, and regulations, which might alter annually and significantly affect how much you owe or receive in your tax refund.
A feature that stops a file from being altered is file locking. Teams and collaborators can coordinate who is editing a file and prevent conflicting copies by doing this. Despite a file being locked, people with access to it can still view, comment on, and share a link to it.
Therefore, You must receive the appropriate training in order to work as a personal tax counselor in any country and the above work should be done in this case.
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Jordan Hernandez is a Tax Professional working in a large office. As she is walking to the break room, she sees a stack of completed tax returns and other client data on an empty workstation where other clients could gain access. What should Jordan do?
A.) Jordan should ignore the situation. They are not her files.
B.) Jordan should immediately secure the files in a locked location and ask her Team Leader about them.
C.) Jordan should place the documents in the locked shred bin for destruction.
D.) None of the above.
How long does it take for your hair to grow 4 inches
Answers
Answer:
it can takes about 4 months,
Explanation:
after a few weeks it starts to come back. after about a month it grows back at your normal rate and by 2 months about an 1nch has grown back
Nyumba(2006),notes that,indigenous knowledge is under threat from modern technology because even in remote areas the powers that push global or just non-local content,such as,radio and television broadcasting,advertising,among others are much stronger than those pushing local content.Discuss.
Answers
What Nyumba meant here is the fact that the global technology has overtaken the domestic content in the country because they have gained more grounds.
What is indigenous knowledge?This is the local knowledge that is found in a place or in a group of people. Indigenous knowledge is usually formed in a cultural area.
The global contents from modern technology has people paying more attention to technology more than they used to in the past.
The indigenous outlets no longer seem to be as appealing to what is gotten from modern technology.
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The Energy Star model uses only 40% of the amount of electricity used by the non-Energy Star model. How much money would you save on your electric bill over a 5-year period by buying the energy efficient model?
Answers
Assuming that the non-Energy Star model consumes 100% of the electricity, the Energy Star model consumes only 40% of that amount, meaning it consumes 60% less electricity.
What would happen in 5 years?Over a 5-year period, the amount saved on electric bills would depend on the cost of electricity and how often the appliance is used.
However, assuming an average electricity cost of $0.15 per kilowatt-hour and daily usage of 8 hours, the Energy Star model would save approximately $219.60 over 5 years compared to the non-Energy Star model.
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PLEASE HELP FAST!!!!! IT IS URGENT!!!! I NEED AN ANSWER WITH AN EXPLANATION!!!!
SERIOUS ANSWERS ONLY!!!!
In describing food brands that are created from "cheaper commodities,” the fifth paragraph (lines 20–24) conveys a tone of
A. resignation toward the implacable attitude of the food companies
B.resentment about food companies’ lack of concern for the consequences of their actions
Answers
Note that Iin describing food brands that are created from "cheaper commodities,” the fifth paragraph (lines 20–24) conveys a tone of: "resentment about food companies’ lack of concern for the consequences of their actions" (Option B)
What is Tone in Literature and why is it important?In literature, tone refers to the writer's attitude towards the subject or audience.
It can be formal, informal, serious, humorous, and more. Tone is important because it helps to convey the author's intended message and can create a particular mood or atmosphere in the text.
The tone can also impact how the reader interprets the work, affecting their emotional response and overall understanding of the message being communicated. Thus, tone is a crucial tool for writers to use in order to effectively communicate their ideas.
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The equivalent of a job interview for an actor is called an _.
Answers
Answer:
A stand-in for film and television is a person who substitutes for the actor before filming, for technical purposes such as lighting and camera setup. ... Stand-ins are distinguished from body doubles, who replace actors on camera from behind, in makeup, or during dangerous stunts. Stand-ins do not appear on camera.
Explanation:
Which statement about how animals use their senses is correct?
Answers
How do animals use senses?
Animals are known to often sense the environment with a specialized body parts that is known to be the sensory organs, such as eyes, ears, and noses.
A lot of animals do have extra senses that humans are known to not have. Many animals are said to sense tiny vibrations in the environment and use them to find prey and others.
Short Answers- Answer the following questions in
What does Chase think about Dr. Nguyen?
Book restart
Answers
Answer:
Kimberly Tooley is first introduced in chapter 10. She has had a crush on Chase since 6th grade, and when realizing that he joined the video club, she joined too to get closer to him. Brendan tries to use Leaf Man as an attempt to make Kimberly love him but it fails.
The Financial Responsibility Law
was enacted to ensure that those who
do not purchase insurance have the
necessary resources to pay for any
damages caused to others.
Answers
The Financial Responsibility Law is a law that requires liability insurance for drivers. It is designed to protect accident victims from financial loss by ensuring that drivers who cause accidents have the financial resources to pay for damages.
What is liability insurance?Liability insurance is a type of insurance coverage that provides protection against claims resulting from injuries and damage to other people or property. It helps protect businesses and individuals from the financial impact of legal action taken against them in the event they are sued and found liable for causing an injury or damage. Liability insurance covers legal costs, damages, and medical expenses that may result from negligence or a wrongful act. It is an important form of risk management that provides financial security and peace of mind in the event of a lawsuit.
The law is also meant to discourage people from driving without insurance by providing for fines and other penalties for those who are found to be driving without adequate insurance coverage. The law requires drivers to prove that they can pay for damages caused by an accident through a combination of insurance coverage, self-insurance, or a bond or deposit.
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Auctio sells sprockets in a perfectly competitive market. Below are its short run total variable costs at different output levels. The firms fixed cost is five dollars. The market price of one sprocket is eight dollars.
~see picture provided~
Questions to answer:
1. WHAT IS THE ATC OF THE FIFTH UNTIL?
2. WHAT IS THE FIRST UNIT OF OUTPUT WHERE DIMINISHING MARGINAL RETURNS HAVE BEGUN?
3. WHAT PROFIT OR LOSS WOULD AUCTIO EARN AT ITS PROFIT MAXIMUM? SHOW UR WORK
4. WOULD AUCTIO OPERATE IN THE SHORT RUN? EXPLAIN
5. WOULD AUCTIO STAY IN THE MARKET? EXPLAIN
Answers
On the other hand, the TVC curve is upward-curving. This suggests that TVC rises as output rises. This curve begins at 0, demonstrating that there are no variable expenses when there is no output. The vertical addition of the TFC and TVC yields the total cost curve (TC).
What run total variable costs at different output levels?Although there are several ways to become one, air traffic controllers must complete extensive training because the crew's and passengers' safety is at stake.
Therefore, Because of how demanding, grueling, and error-prone their profession is, air traffic controllers are given six-figure salaries.
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what is the power of the supreme court to supervise all the courts of the land
Answers
Answer:
bjjjvbjkkgfddfhmknvcdfhji
Myth of Fact Click on each question and answer if you believe the statement is a myth or a fact. Click on all of the questions before continuing. X Close An emotional driver will most likely be inattentive and slow to react to potential hazards. Myth Fact?
Answers
Answer:
Fact. An emotional driver is more likely to be inattentive and slow to react to potential hazards. Strong emotions can impair cognitive function and distract the driver, reducing their ability to pay attention to the road and react quickly to unexpected situations. It is important for drivers to maintain emotional stability and focus while operating a vehicle.