What is a “work point”?
Answers
Answer:
A work point is an independent entity whose location is defined in space.
Explanation:
Work points may be placed or projected onto part faces, linear edges, or onto an arc or circle. Work points can be constrained to the center points of arcs, circles, and ellipses.
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your client has been given a trust fund valued at $1.01 million. he cannot access the money until he turns 65 years old, which is in 30 years. at the time, he can withdraw $25,500 per month. if the trust fund is invested at a 4.5 percent rate, how many months will it last your client once he starts to withdraw the money?
Answers
Assuming the trust fund is invested in a fixed-rate account, and the rate of return remains constant, the trust fund will last your client for 421.5 months, or 35.1 years, after he begins withdrawing the money.
What is invested ?Investing is the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit. Generally, investing involves the purchase of assets such as stocks, bonds, mutual funds, real estate, and other investments. The primary aim of investing is to generate income or capital gains for the investor by taking on some degree of financial risk. Investing is different from saving, which involves putting money aside for a future purpose with minimal return. Investing usually involves a greater degree of risk than saving, but also has the potential to generate higher returns.
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: Blue Spruce Company expects to produce 984,000 units of Product XX in 2022. Monthly production is expected to range from 65,600 to 98,400 units. Budgeted variable manufacturing costs per unit are direct materials $6, direct labor $7, and overhead $ Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. Prepare a flexible manufacturing budget for the relevant range value using 16,400 unit increments. (List variable costs before fixed cost Supervision Variable Costs Total Fixed Costs Depreciation Direct Materials Finished Units ✓ Direct Labor Overhead Activity Level Total Variable costs Fixed Costs Total Costs Vallavic CUSTS LA BLUE SPRUCE COMPANY Monthly Flexible Manufacturing Budget For the Year 2022 65600 393600. 00 459200. 00 000. 00 tA 82000 492,000. 00 57400. 00 tA 98400 590,400. 00 6,88,800. 00 7. 7. 0
Answers
The answer to the question is to prepare a flexible manufacturing budget for the relevant range value using 16,400 unit increments.
1. Start by determining the number of units within the relevant range. In this case, the relevant range is between 65,600 and 98,400 units.
2. Calculate the number of increments within this range. Since each increment is 16,400 units, divide the difference between the upper and lower limits of the range by 16,400.
3. Next, calculate the variable manufacturing costs per unit. This includes direct materials, direct labor, and overhead. For each unit, the direct materials cost is $6, direct labor cost is $7, and overhead cost is __ (the value is missing in the question).
4. Multiply the variable costs per unit by the number of units in each increment to get the total variable costs for each increment.
5. Determine the fixed manufacturing costs per unit. For depreciation, the cost is $2 per unit, and for supervision, it is $1 per unit.
6. Multiply the fixed costs per unit by the number of units in each increment to get the total fixed costs for each increment.
7. Finally, add the total variable costs and total fixed costs for each increment to get the total costs for each increment. This will give you the flexible manufacturing budget for the relevant range value using 16,400 unit increments.
Note: The missing value for overhead cost needs to be provided in order to accurately calculate the variable costs per unit and the total costs for each increment.
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What do disability insurance and life insurance have in common?
A.
Both are provided by your employer at the employer’s expense.
B.
Both charge the same amount for the policy premium.
C.
Both cover an unexpected loss of income.
D.
Both cover beneficiaries in the event of your death.
Answers
Answer:
C. Both cover an unexpected loss of income.
Explanation:
Disability Insurance protects against loss of income due to the inability to ask, resulting from injuries. This insurance policy compensates the insured for lost income due to incapacitation.
Life insurance offers protection against loss of income should the insured die. Life insurance pays the insured beneficiaries a specified sum of money as stipulated in the insurance contract. It is an assurance the insured's family will be compensated for the loss of income occasioned by their death.
beau, a fashion design company, organizes an online contest. participants are asked to design women's apparel to be posted on a social media website where its members can vote and provide feedback. based on those votes, beau will announce the winner and offer that individual a job at its firm. in this scenario, beau is involved in . group of answer choices brandjacking recruitment blogging crowdsourcing
Answers
In this scenario, Beau is involved in crowdsourcing. Thus, option D is correct.
Crowdsourcing is the process of gathering work, knowledge, or views from a sizable number of individuals who contribute their information online, on social media, or through mobile apps.
Some participants in crowdsourcing carry out modest chores freely, while others occasionally work as paid freelancers. For instance, traffic applications like Waze encourage users to self-report accidents and other occurrences on the road so that users may get real-time, updated information.
Crowdsourcing enables businesses to access a wide range of talents and knowledge without paying the typical overhead expenditures of in-house staff by allowing corporations to farm out work to people anywhere in the nation or the world.
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All of the following are considered generic business-level strategies EXCEPT: product diversification. cost leadership. focused differentiation. integrated cost leadership/differentiation.
Answers
A product diversification is not part of a typical generic business-level strategies.
What is generic business-level strategies?The strategy refers to a way of positioning a firm within an industry.
The focus placed on the generic strategies allows the executives to concentrate on the core elements of firms' business-level strategies.
The cost leadership. focused differentiation. integrated cost and leadership/differentiation are all generic business-level strategies.
Therefore, the Option A is correct.
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A pleasant smile, eye contact, and a firm handshake are examples of _____.
A.crafting a logical argument
B.probingdone
C.nonverbal communication
D.consultative selling
Answers
Answer:
Nonverbal Communication
Someone who is______has the trait of being usually more responsible and a better planner than others around them.
a. fun
b. positive
c. negative
d. conscientious
Answers
Have a great day! :)
Answer:
D
Explanation:
(of a person) wishing to do what is right, especially to do one's work or duty well and thoroughly.
When a banker accepts a deposit of $1,000 in cash and puts $200 aside as required reserves and then makes a loan of $800 to a new borrower, this set of transactions
Answers
The act of providing a loan by the banker to the borrower amounting to $800 after setting aside the reserve amount of $200 contributes to the increase of the money supply by $800.
What is the money supply?The money supply is the amount that a public held at a point in time including currency notes, coins, and the bank account balances.
When the banker is giving the loan to the borrower at $800 then it infuses the money into the economy as this amount is further given as a loan by another bank to another borrower. This whole cycle goes on to continue till the amount reaches zero.
Therefore, the money supply increases by $800 when the banker gives loans to the borrower for the amount of $800.
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You work in a company that has snacks in the kitchen. You realize that a coworker never brings their own food or eats out, but instead eats 5-6 snacks each day. You’re aware that other employees help themselves to snacks, but limit themselves to 1 snack per day.
Answers
In case you worry about your colleague's frequent munching tendencies, try initiating a cordial and objective dialogue without any hint of criticism. Voice your concern regarding their welfare and enquire on how to assist them in choosing healthier snacks.
How should you treat this situation?Additionally, it may be plausible that this coworker has an underlying medical condition or dietary limitation prompting he requires more snack breaks than what is perceived as normal practice. In such cases, supportive understanding will go a long way in the person's psychology boosting.
Furthermore, for workers who only snack once each day, disparities impact different dietary necessities and lifestyle preferences aside from health aspects. Hence, gauging an individual in line with someone else proves futile due to numerous factors at play.
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A stock with a beta > 1 has returns that are volatile than the market. a. less b. more c. the same d. 20% less
Answers
A stock with a beta greater than 1 has returns that are more volatile than the market.
Beta is a measure of a stock's volatility or systematic risk compared to the overall market. It measures the sensitivity of the stock's returns to changes in the market returns. A beta greater than 1 indicates that the stock tends to have more significant price movements compared to the overall market.
If a stock has a beta of 1, it means its price tends to move in line with the market. A beta greater than 1 suggests that the stock is more volatile than the market. This means that when the market experiences fluctuations or changes, the stock with a beta greater than 1 tends to have larger and more significant price movements in the same direction.
Therefore, the correct answer is: b. more
The returns of a stock with a beta greater than 1 are more volatile than the market.
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why would buyers of class c tranches of collateralized mortgage obligations (cmos) be willing to accept a lower return than purchasers of class a tranches?
Answers
When a security is said to provide predictable returns, it implies a reduced level of risk. Therefore, the Collateralized Mortgage Obligation (CMO) tranche with the lowest risk is one with the most predictable near-term capital pay off.
What Is a Collateralized Mortgage Obligation?
A mortgage-backed security known as a collateralized mortgage obligation (CMO) consists of a pool of mortgages that have been bundled together and marketed as an investment. CMOs receive cash flows as borrowers pay off the mortgages that serve as collateral for these securities, and they are organized by maturity and degree of risk. CMOs then pay out principal and interest to their investors in accordance with pre-established guidelines and deals.
CMO investors, also known as Real Estate Mortgage Investment Conduits (REMICs), seek access to mortgage cash flows without having to initiate or acquire a portfolio of mortgages.
CMOs expanded dramatically during the 2008 financial crisis, when they played a significant part.
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Which one of the following is most likely to be a secured transaction governed by Article 9?
A. A credit sale of goods.
B. a lease of goods
C. A sale of a copyright.
D. a sale of a payment intangible.
E. a sale of investment property
Answers
D. A sale of a payment intangible.
A secured transaction governed by Article 9 of the Uniform Commercial Code (UCC) typically involves a creditor obtaining a security interest in collateral to secure a debt or obligation.
Among the options provided, a sale of a payment intangible is most likely to fall under the scope of Article 9. A payment intangible refers to a non-tangible asset that represents a right to payment of money, such as accounts receivable, payment rights under a contract, or royalties. When a sale of a payment intangible occurs, it is common for the buyer to secure the transaction by obtaining a security interest in the intangible asset. This allows the buyer to have a priority claim on the asset in case of default or non-payment by the seller.
Article 9 of the UCC governs secured transactions involving personal property, including intangible assets like payment intangibles. It establishes rules and requirements for creating, perfecting, and enforcing security interests, as well as determining priority between competing creditors.
In contrast, options A (credit sale of goods), B (lease of goods), C (sale of a copyright), and E (sale of investment property) may involve commercial transactions, but they are not specifically associated with secured transactions governed by Article 9.
A sale of a payment intangible is most likely to be a secured transaction governed by Article 9 of the UCC. This article provides the legal framework for creating and enforcing security interests in personal property, including payment intangibles, to secure debts or obligations.
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Prime Cost and Conversion Cost Grin Company manufactures digital cameras. In January, Grin produced 2,250 cameras with the following costs: Direct materials $800,000 Direct labori 144,000 Manufacturing overhead 544,000 There were no beginning or ending inventories of WIP. Required: If required, round your answers to the nearest cent. 1. What was the total prime cost in January? 2. What was the prime cost per unit in January? per unit 3. What was the total conversion cost in January? 4. What was the conversion cost per unit in January? per unit
Answers
The total prime cost in January was $944,000, the prime cost per unit was approximately $419.56, the total conversion cost was $688,000, and the conversion cost per unit was approximately $305.78.
Grin Company manufactures digital cameras and produced 2,250 cameras in January. We need to calculate the total prime cost, prime cost per unit, total conversion cost, and conversion cost per unit for the month.
1.The total prime cost in January is the sum of direct materials and direct labor.
Total prime cost = Direct materials + Direct labor
Total prime cost = $800,000 + $144,000
Total prime cost = $944,000
2.The prime cost per unit in January is calculated by dividing the total prime cost by the number of units produced.
Prime cost per unit = Total prime cost / Number of units produced
Prime cost per unit = $944,000 / 2,250
Prime cost per unit ≈ $419.56
3.The total conversion cost in January is the sum of direct labor and manufacturing overhead.
Total conversion cost = Direct labor + Manufacturing overhead
Total conversion cost = $144,000 + $544,000
Total conversion cost = $688,000
4.The conversion cost per unit in January is calculated by dividing the total conversion cost by the number of units produced.
Conversion cost per unit = Total conversion cost / Number of units produced
Conversion cost per unit = $688,000 / 2,250
Conversion cost per unit ≈ $305.78
Therefore, the total prime cost in January was $944,000, the prime cost per unit was approximately $419.56, the total conversion cost was $688,000, and the conversion cost per unit was approximately $305.78.
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Outline a specific strategy to implement stating how you will prevent this from
happening in the future.
Answers
PLEASE HELP!!!!!!!!!!!!!!
Type the correct answer in the box. Spell all words correctly.
Alisha appears to be overconfident which makes her unapproachable to her employees. Which negative quality is she displaying?
Alisha is displaying the negative quality of___.
Answers
As Alisha appears to be overconfident which makes her unapproachable to her employees, the negative quality that she is displaying is known as arrogance.
What is an arrogance?It refers to the personality trait whereby a person has an obnoxiously elevated sense of self-worth. An arrogant individual is one who acts as if they are more superior, worthy, and important than others. So, they tend to disrespect and put others down.
While an arrogance can make someone feel strong and be a coping strategy for low self-esteem initially, the long term arrogance is harmful as it can contributes to loneliness, depression, lack of direction and success. It can also impact the physical health if its pushes you to take unnecessary risks. It is possible to change arrogant ways of thinking, when we feel stuck or have noticed arrogant tendencies, then, the mindfulness, gratitude and focusing on curtailing these thoughts can help.
Therefore, as Alisha appears to be overconfident which makes her unapproachable to her employees, the negative quality that she is displaying is known as arrogance.
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Which resource can you use to view business or suppliers divided into different categories?
You may use online or offline (blank) to view businesses or suppliers classified into different categories.
Answers
Answer:
yellow pages
Explanation:
Answer:
It's "Yellow Pages"
Explanation:
I got it right!!
You are ordering $210 of goods from a vendor. The vendor offers a 3% (only
on the goods) discount if you pay your bill in 30 days. Assume that you will
take advantage of this discount. Shipping is $12.95. What is the total
amount of this order?
Answers
Answer:
$216,65
Explanation:
$210(price for the goods) * 0,03(3% discount) = $6,3(amount of the discount)
$210(price for the goods) - $6,3(amount of the discount) = $203,7(total amount without shipping)
$203,7(total amount without shipping) + $12,95(shipping) = $216,65(total amount)
Required information Internal Analysis: Looking Inside the Firm of Honda Corp.The strategic actions managers take link firm resources and capabilities. For example, investments in R&D labs (managerial actions) are one mechanism that links the resource (engineers) with the firm capability (product innovation). This activity is important because when multiple resources and capabilities are aligned on a single goal, the firm may have a core competency. For instance, Canon's ability in optics originates not just in the capability of its design engineers, but also in its precision in manufacturing. When a firm's core competency is at the heart of the product itsells, that product can be considered a core product. In the case of Canon, optics are at the heart of such products as cameras, camcorders, scanners, and projectors. The goal of this activity is look closely at Honda, and differentiate the important relationships between its firm resources, managerial actions, firm capabilities, core competencies, and core products.Read the case below and complete the activities that follow.Since 1959 Honda has been the world's largest motorcycle manufacturer. It is also the world's largest manufacturer of internal combustion engines-the core of many of Honda's products including sport boats, marine engines, off-road power sport vehicles (eg. ATVs, snow mobiles), an extensive line of power equipment (0.g., lawn mowers, electric generators. snow blowers), and cars. Over time, Honda has maintained as its core ability a dedication to the engineering and ongoing Innovation of these small, reliable, and powerful internal combustion engines. While Honda invested much in developing and maintaining this competency. In 1960. Its management made an important decision that later became central to the creativity and productivity of its engineers and designers. The research and development division separated from Honda Motor Company to form the independent company Honda R&D. This management decision helped facilitate a unique corporate culture built on excellence in innovation and engineering. Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural and regional diversity, as such, the firm now has five R&D centers located outside of Japan in North America, South America, Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural ang regional diversity, as such, the firm now has five R&D centers located outside of Japan in North America, South Ameri Europe, Asia, and China.After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to sect) a. Managerial actions b. Resources separate companyc. Core products d. Core competencies e. Capabilities 2. Powerful and relable small engines (Click to select).a. Core products b. Capabilities able small engines c. Core competencies d. Managerial actionse. Resources3. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) 4. Small engine innovation and engineering (Click to select) : 6. Strong R&D culture (Click to select).5. Sport boats, marine engines, ATVs, and power equipment Click to select) 5. R&D centers created worldwide (Click to select).6. Honda R&D is a separate company (Click to select) 7. Strong R&D culture (Click to select)
8. Scale manufacturing (Click to select)
Answers
1. Engineers (Click to select) - Resources, 2. Powerful and reliable small engines (Click to select) - Core Products and many more given below:
What is Resource?A resource is a source of supply, support, or aid, especially one that can be readily drawn upon when needed. Resources can be financial, such as money or materials, or they can be non-financial, such as time, energy, knowledge, or skills. Resources can also be tangible, such as land or equipment, or intangible, such as the rights granted by a patent. The most effective use of resources maximizes the benefit or output from a given input, or minimizes the cost of a given output.
3. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) - Capabilities
4. Small engine innovation and engineering (Click to select) - Core Competencies
5. Sport boats, marine engines, ATVs, and power equipment (Click to select) - Core Products
6. R&D centers created worldwide (Click to select) - Managerial Actions
7. Honda R&D is a separate company (Click to select) - Managerial Actions
8. Strong R&D culture (Click to select) - Core Competencies
9. Scale manufacturing (Click to select) - Capabilities
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PLEASE HELP, I WILL MARK BRAINLIEST!!! define/describe the following terms. note what the advantages and disadvantages of each are (from a worker's perspective). here are the following terms: contracting, consulting, entrepreneurship
please no links, this is due tommorow!!!
Answers
Tax relief on business expenses.
Greater opportunity for tax planning.
Total control of your business and name.
One company for all your business interests.
Limited liability and protection of personal assets.
what is not an example of a source where you might gather field information needed to develop your project controls?
Answers
Requests for information is not an example of source where you might gather the field information needed to develop project controls.
What is information?Information is an ambiguous concept that describes anything with the ability to inform. Information is primarily concerned with the interpretation of what can be sensed. Any natural process that is not entirely random and any discernible pattern in any medium can both be considered to be transmitting some level of information. Other phenomena and artifacts, including analog signals, poems, pictures, music or other sounds, and currents, use more continuous forms of communication to convey information than do digital signals and other data. Information can have meaning attached to it through interpretation but is not knowledge in and of itself. Data available at one step are processed into information that is then interpreted and processed at the following step. This is how information is frequently processed.
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SOMEONE HELP ME PLEASE
Which sentence describes a cooperative organization?
Cohen and his friends work in a cooperative organization.
They own and control the functions of the organization.
Their sole motive is to gain profit.
They can trade their stocks in the financial market.
Answers
The statement "They own and control the functions of the organization" best describes a cooperative organization.
A cooperative is when two or more people come together to form an organization or form a business that is democratically run and managed by them alone. This means that it is a united effort by the individuals involved to run a business.
Cooperatives may vary according to the needs and wants of the individuals. But at the same time, the rules and other policies can also be changed to suit the need of the members.Cooperatives represent a much better form of unity and accomplishments, especially for lesser known individuals or less powerful members of the society.Such individuals may be farmers, workers, individual producers, etc. who would unitedly work to accomplish common goals and beliefs.Thus, the correct answer is the second option.A cooperative organization, in short, can be best stated as the unified union or gathering of various individuals with different expertise or dreams with the aim to achieve success. They share the responsibilities among themselves and also control the functions of the organizations equally.
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'Cooperative Organization' is characterized as the 'organization that is either partially or wholly owned and regulated by its employees, customers, or tenants.'
The sentence that appropriately describes such an organization would be:
B). They own and control the functions of the organization.
In a cooperative organization,
The people willingly come forward to accomplish their common needs including various economic, communal, and cultural needs. To serve these purposes, these people collectively own an enterprise/company whose goods and services are used by them only. Each member carries equal power and rights in such an organization Agriculture, utilities, Insurance, Healthcare, etc. are some of the illustrations of such organizations.Learn more about 'Cooperative organization' here:
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What was the impact of the entry of the united states into world war one Germany faced a greater number of allied troops as more than a millon amercain
Answers
Answer:
The United States decided to remain neutral during the Great War, which began in 1914 after the assassination of Archduke Franz Ferdinand of Austria-Hungary. This because they considered that it was a European conflict, which did not influence the commercial or political interests of America.
Now, after a series of diplomatic altercations with Germany, such as the Zimmermann Telegram and the sinking of the Lusitania, on April 6, 1917, America entered the war. Thus, 2 million American soldiers joined the allied forces, mainly British, French and Russian, who were fighting in the Old Continent. This new number of soldiers, without participation in previous combats, tipped the balance for the allied side, given that the forces of the Central Powers were already exhausted and without resupply capacity.
Demand for a good provided in a perfectly competitive market is: Q
D =65−2P and supply by Q
S = 3P−10, where P is the market price of the good. What will be the equilibrium price and the equilibrium quantity?
P=$5,Q=45
P=$15,Q=35
P=$35,Q=15
P=$25,Q=25
Answers
The equilibrium price and quantity can be determined by setting the quantity demanded equal to the quantity supplied.
Given the demand function Qd = 65 - 2P and the supply function Qs = 3P - 10, we can equate the two equations:
65 - 2P = 3P - 10
Simplifying the equation, we get:
5P = 75
Dividing both sides by 5, we find:
P = 15
So, the equilibrium price is $15.
To find the equilibrium quantity, we substitute the equilibrium price (P = 15) into either the demand or supply function. Let's use the supply function:
Qs = 3P - 10
Qs = 3(15) - 10
Qs = 45 - 10
Qs = 35
Therefore, the equilibrium quantity is 35.
Thus, the correct answer is P = $15 and Q = 35.
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Your opening a small toy store. Identify three decision about inventory you would need to buy in your first year of operation. What type of information, if any would you want or need to have available in you accounting information system to help you make each of those decisions?
Answers
Your main focus should be towards what kind of toys kids demand or you should have proper supply or not.
There are three inventory decisions you would need to make throughout your first year of business :
1. The most crucial decision you must make is how many new toys should be bought to satisfy expected demand for the product. Sales will be lost if you order too little, and profits will be decreased if you order too much due to the low pricing offered during clearance sales.
2. The second most crucial decision you must make is to keep your toys up to dated according to kids interest.
3. The third most important decision not to move towards higher return in your first year by offering less price than M.R.P.
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Which sentence best paraphrases the passage?
Immigrants were examined for physical and mental illnesses.
A doctor’s examination was a quick process.
The doctors were from the United States Health Service.
One doctor looked for physical and mental abnormalities.
Answers
Answer:
A). Immigrants were examined for physical and mental illnesses
Explanation:
Answer:
a
Explanation:
I am really confused and need the answer soon thx for helping
Answers
B. Previous balance+ new charges- principal paid- is the formula for calculating the new balance on the credit card.
Hence, option b. is the right choice.
Function of a credit card.A credit card is a payment card given to users (cardholders) to allow them to pay a merchant for products and services based on their accumulated debt.
What is a credit card limit?The Credit Limit, also known as the Credit Card Limit, is the maximum sum that a person may charge on their Credit Card. The issuing firm sets this restriction.
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what type of insurance satisfies the financial responsibility law in virginia?
Answers
Answer:
motor vehicle liability insurance
Virginia Code § 46.2-706 requires all Virginia registered motor vehicle owners to have motor vehicle liability insurance or enough money to pay for any losses that may result from an automobile accident.
Explanation:
have a nice day and can you mark me Brainliest
The ________ mark is a certification that is granted to products that are determined to promote sustainable farming and provide higher prices and improved social and environmental standards for producers, typically in developing countries.
Answers
The word referred to above is called the Fairtrade Mark. The purpose of this mark is to enable consumers to encourage sustainable farming practices by buying produces that has such a mark.
Who issues the Fairtrade Mark?The Fairtrade Certification which is issued by a third-party auditor called FLOCERT is used to identify companies that have manufactured products that comply with Fairtrade's international standards.
The Fairtrade mark standards look at three major areas:
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Increasingly, people are buying more fuel-efficient cars that burn less gasoline per mile. This seves people money
when gas prices are high for long periods of time. In response to this demand for fuel eificiency. Eutomakers are
manufacturing cars that get better mileage. Many automakers are even making cars that run on electric batteries
and don't use gasoline at all. How has the price of gasoline acted as an incentive for consumers to demand a
different type of car? How has it sparked innovation in the auto industry? How would you respond as a car buyer
to the high price of gasoline?
Answers
D Question 10 At least at lower grades, schooling is an investment in human capital. a consumption good. O a natural resource. a waste of valuable resources. 1 pts
D D Question 6 Christy will live an
Answers
Schooling is considered an investment in human capital.
1. Schooling is widely recognized as an investment in human capital. Human capital refers to the skills, knowledge, and abilities that individuals acquire through education, training, and experience, which contribute to their productivity and economic potential. By investing time and resources in education, individuals enhance their skills and knowledge, leading to higher earning potential and better job prospects.
Schooling is not considered a consumption good because it does not provide immediate satisfaction or pleasure. Rather, it is an investment made with the expectation of future benefits. It is also not a natural resource or a waste of valuable resources, as it is a deliberate allocation of resources towards acquiring knowledge and skills.
In summary, schooling is regarded as an investment in human capital, as it enhances individuals' skills and knowledge, leading to improved economic outcomes and opportunities.
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