Deflation can lead to decreased output .
Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy.
Deflation can lead to decreased output in a way that the demand of goods is way too high therefore the purchasing power is elevated. And the prices of goods is also lower.
Additionally, manufacturers may get skeptical about producing goods due to the low prices for the goods that affect them.
Although, it may seem like the fact that prices are lower is good, deflation can drastically affect the economy and lead into recession and depression.
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4.on june 1 1 bob emails cindy and offers to sell her 20 lawn mowers. three days later bob revokes his offer. both bob and cindy are merchants. under article 2 can bob revoke this offer? explain
Yes, under article 2 Bob can revoke this offer since there is no need to continue considering the offer.
The sale of products is governed by MCL 440.2101 et seq., Article 2 of the UCC. In the event that two parties fail to fully address frequent concerns in a written contract, Article 2 is intended to offer default norms and gap-fillers that apply.Different default guidelines are provided in Article 2 for "merchants" and "non-merchants." A "merchant" is defined as "a person who deals in items of the kind" or who otherwise presents oneself as possessing expertise specific to the goods in question. In other words, you are a merchant if you are in the business of selling any kind of commodities, and additional default regulations may be in effect.Learn more about Article 2 here:
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Having a product where customers can buy it such as stores, catalogs or internet is
Having a product where customers can buy it such as stores, catalogs or internet is Distribution channels.
What is also known as distribution channel?The network of people and businesses involved in getting a good or service from the manufacturer to the consumer is known as a distribution channel. Distribution channels are often referred to as marketing channels or distribution channels for marketing.
What are the types of distribution in marketing?Manufacturers choose how they want their products to be distributed in the market using one of three distribution strategies.
Distribution in DepthSophisticated DistributionUnique DistributionWhat do you mean by direct channel?Through this channel, a manufacturer can sell products including hardware, software, and accessories straight to consumers: • Direct sales force — This is a channel where products are delivered directly from the producer or vendor to the final consumer, typically via a field sales force that has received professional training.
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People in the united states score considerably higher on extraversion than do people in spain. select one:
a. false
b. true
People living in the united states score considerably higher on extraversion than do people in spain.------. false
Option A is correct
What is the purpose of extraversion?
Namely, extraversion basically appears to facilitate people's goals and objectives to possess fun, to engage with other people, and to entertain people . Furthermore, these goals strongly predicted increases in state positive affect.
What is the extraversion theory?
In the big 5 theory of personality, extroversion (often referred to as extraversion) is one of the greatest five core traits believed to form up human personality. Extroversion is characterized by it' s sociability, talkativeness, assertiveness, and excitability.
What is a extraversion personality?
Extraversion could be defines as a broad personality trait that encompasses a number of most specific characteristics like sociability, assertiveness, high activity level, positive emotions, and impulsivity
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In manufacturing, the core hr practices are more robust than in ________ services
In manufacturing, the core HR practices are more robust than in financial services.
The human resources planning model encompasses three key elements: predicting the quantity of workers your company needs, analyzing manufacturing if the availability of potential employees meets your demand and learning to balance the provision and demand cycles.
There are four general steps within the HRP process: identifying this supply of employees, determining the long run of the workforce, balancing between labor supply and manufacturing demand, and developing plans that support the company's goals. Human capital is the most significant aspect of any business and its human resources department.
Human capital represents the resources a corporation has available for achieving business objectives like productivity, quality and type of products and services offered, manufacturing workplace safety and, most of all, profitability. Employee turnover is another major reason why hiring is so right wing now.
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Siegfried basset is 65 years of age and has a life expectancy of 14 more years. He wishes to invest $20,500 in an annuity that will make a level payment at the end of each year until his death. If the interest rate is 8. 5%, what income can mr. Basset expect to receive each year?
$2,653.90 is the income can Mr. Basset expect to receive each year if the interest rate is 8. 5%,
The amount of interest payable each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum). The total interest on a loaned or borrowed sum is determined by the principle amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
The interest rate over a year is known as the annual interest rate. Other interest rates are applicable over shorter time frames, such a day or a month, but they are often annualized.
An index of the preference for a dollar of present [income] over a dollar of future [income] has been used to describe the interest rate. Attached is the solution for solving the income can Mr. Basset expect to receive each year if the interest rate is 8. 5%,
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If a supplier is offering trade credit of 1/10 net 30, and a buyer chooses not to take the discount, when should they pay, assuming that they wish to stay on good terms with the supplier?
If a supplier is offering trade credit of 1/10 net 30, and a buyer chooses not to take the discount, on day 30 they should pay, assuming that they wish to stay on good terms with the supplier.
A person who buys items in the normal way from someone inside the commercial enterprise of promoting such goods and who does so in exact faith and without expertise that the sale violates some other man or woman's ownership rights or protection interest in the goods. such a consumer could have exact title to the object bought.
Buyers are the relevant point inside the marketplace whatever the sports are performed they are completed for his or her pride. it's far very important aspects of the marketplace. a person or an group that purchase items or service is called customer.
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Suppose again that furniture production is more capital-intensive relative to clothing production, which is more labor-intensive. If the relative price of furniture to clothing rises, this will.
If the relative price of furniture to clothing rise, this will simply raise the income of capital owners when furniture production is more capital intensive relative to clothing production.
Let’s understand what is capital-intensive and what is labour -intensive-
Capital intensive: When the production of a particular good or service require more of capital asset such as land, machinery, equipment rather than physical labour it is said to be using capital intensive technique. For example: production of a laptop requires more capital-intensive technique.
Labour- Intensive: When the production of some good and services require more use of physical labour rather than capital asset, it is said to be using labour-intensive technique. For example: production of a building requires more labour-intensive technique.
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The rescorla-wagner model emphasises the importance of_________ in determining if learning/conditioning will occur.
In deciding whether learning or conditioning will take place, the Rescorla Wagner model emphasises the significance of the US's springiness.
In physiology, conditioning is a behavioural process in which reinforcement causes a response to become more regular or predictable in a specific environment. Reinforcement often takes the form of a stimulus or reward for a desired response. Early in the 20th century, physiologists in Russia, England, and the United States created the processes, observations, and concepts of conditioning through the study of reflexes. The nature and conditions of conditioning became the focus of psychologists' research after the 1920s. A stimulus (or signal) can grow more effective at eliciting a response over time, or a response might happen more frequently over time in a controlled and predictable environment. This is known as conditioning.
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In a market economy, economic activity is guided by:_____.
a. self-interest and prices.
b. public-interest groups.
c. central planners.
d. the government.
It is commonly known that economic activity is always guided by self-interest and prices in market economy. Thus, the answer is letter a.
Actually, the majority of economic activities in a market economy is basically governed by decisions made by firms and households in society where as self-interests of consumers and the prices set by sellers drive businesses and households.
Public interest groups cannot be the answer since in a market economy, they are not the only target market.
Central planners, for sure, is not the most suitable answer as it cannot guide the economic activity.
The government, although part of market economy, is not the sole director of economic activity.
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What area represents producer surplus after the government imposes the excise tax on the market?
triangle $1c$9 represents producer surplus after the government imposes the excise tax on the market
A excise tax on particular commodities or services, including alcohol, cigarettes, and gasoline, is known as an excise tax. Instead of being levied internationally across national borders, excise taxes are national taxes imposed within a government infrastructure. Sales of motor gasoline, airline tickets, tobacco, and other goods and services are typically subject to a federal excise tax. Excise tax are mostly paid by corporations. Many of them are paid for by businesses, who subsequently charge customers more as a result. Wholesalers get excise taxes from merchants, who then factor them into product pricing and raise overall retail prices as a result.
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Edna dean works for a consulting firm that has been hired to estimate the total market potential for a new product in the distribution industry. this research could best be described a?
Edna dean works for a consulting firm that has been hired to estimate the total market potential for a new product in the distribution industry. this research could best be described a Exploratory.
In macroeconomics, an industry is a branch of an economic system that produces a carefully-associated set of raw substances, items, or services. for example, one might seek advice from the wood enterprise or to the coverage enterprise.
Industries are generally labeled by the products and offerings they produce. as instance, the pizza industry is made from all producers who produce and promote pizza in the marketplace. it is crucial to observe that for a pizza maker to belong to the pizza industry, he or she should promote the product they make in the market.
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During the annual planning meeting with her executive leadership team, mieko, president of a rapidly growing company, expressed her vision for expanding company operations across the globe. Mieko’s long-term vision is an example of e-commerce. True or false?.
During the annual planning meeting with her executive leadership team, Mieko, president of a rapidly growing company, expressed her vision for expanding company operations across the globe- False.
Meiko’s long term vision is an example of Global expansion. Operations are entering a new international market thanks to global expansion. Companies use a branch or one of the other techniques to create a legal presence in the new nation. A successful opportunity to enter new markets, broaden your product line, and assemble a world-class staff is provided by global expansion.
While some businesses might decide to expand into one market at the time, others might decide to expand regionally in order to benefit from shared cultural norms and bilateral free trade agreements. Similar to how there are numerous routes to market access, some of which include exporting, franchising, purchasing, and establishing foreign subsidiaries.
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According+to+a+certain+central+bank+from+2000+to+2016+the+average+price+of+a+new+home+in+a+certain+region+increased+by+%+to+$+thousand.+what+was+the+average+price+of+a+new+home+in+2000?
Solution:
Let the price of a new home in 2000 be P
Price of a new home in 2016 after a 68% increase = $575
Therefore, according to the numerical,
P + 68% of P = 575
Or, P + 0.68P = 575
Or, 1.68P = 575
Or, P = 575/1.68
Or, P = 342.26
Therefore, the average price of a new home in 2000 = $342.26.
Average existing single-family home prices were $150,900 in the first quarter of 2002, up 2% from the fourth quarter of 2001, up 8% from the same quarter a year ago and from the second quarter of last year, By 1999 it was almost $350,000. they said in their report. Median home prices rose 6.1% between the first and second quarters of 1999 to about $20,000.
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A+5.5%,+20-year+municipal+bond+is+currently+priced+to+yield+7.2%.+for+a+taxpayer+in+the+33%+marginal+tax+bracket,+this+bond+would+offer+an+equivalent+taxable+yield+of:_________
A 5.5%, 20 year municipal bond is currently priced to yield 7.2%. for a taxpayer in the 33% marginal tax bracket, this bond would offer an equivalent taxable yield of Equivalent taxable yield = Yield / ( 1 - Tax% ) = 7.2% / ( 1 - 33% ) 10.75%
Find the reciprocal of your tax rate (1 – your tax rate). If you pay 25% tax, your reciprocal would be (1 - . 25) =. 75, or 75%.
Divide this amount into the yield on the tax-free bond to find out the TEY. For example, if the bond in question yields 3%, use (3.0 / . 75) = 4%.
The tax-equivalent yield is the yield on a taxable bond that an investor would have to earn to match the return on a comparable tax-free municipal bond. Municipal bonds generally have a low expected return, so the full impact of investing in them due to tax savings is often not quantified completely.
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An example of a product or service that would most likely be accounted for using a process costing system would be:_________
Process costing is used to track costs for uniform products manufactured in large batches. As a result, cereal manufacturer would almost certainly use process costing.
What kinds of products would you use for process costing?Process costing is an important method of product costing for manufacturing firms that mass produce a large volume of similar products or units of output. Oil refining, food production, chemical processing, textiles, glass, cement, and paint manufacturing are all industries that use process costing.Process costing is a costing method commonly used in manufacturing where units are continuously mass-produced via one or more processes. Manufacturing of erasers, chemicals, or processed food are examples of this.Chevron Corporation (petroleum products), the Wrigley Company (chewing gum), and Pittsburgh Paints (paint) are examples of companies that use process costing. In situations where many different products or services are produced each period to customer specifications, job-order costing is more likely to be used than process costing. Costs are traced to departments and then allocated to units of product using an average process in a job-order costing system.
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Jacob is a marketer at gamer way video games. He is currently working to develop four different color versions of their latest video game console. Which of the four marketing mix strategies is jacob working on?.
Jacob is a marketer at gamer way video games. He is currently working to develop four different color versions of their latest video game console. The marketing mix strategy which Jacob is working on is product.
In the field of business, a marketing mix strategy can be described as the ways a company uses its resources in order to target more sales and attract more customers.
There are four groups of marketing mix strategies which are product, price, place, and promotion.
If a marketer develops a product in order to increase its market reach then the product group of the marketing mix strategy is focused.
In the case above, Jacob is focusing on how he can attract more market targets through different color versions of his product i.e video game. Hence, Jacob is working on the product strategy of the marketing mix.
Although a part of your question is missing, you might be referring to this question:
Jacob is a marketer at Gamer Way Video Games. He is currently working to develop four different color versions of their latest video game console. Which of the four Marketing Mix strategies is Jacob working on?
Product
Place
Price
Promotion
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Randy has established a successful fast-food restaurant chain named randy’s in the united states. He currently has 12 locations across three states. He’d like to expand his brand to asia, but does not have the capital to do so. He’s also wary of the risk of failure, especially because he is not very familiar with business in asia. If you were consulting randy, what route would you advise against?.
The first thing to do is to consult an economist regarding what steps he should take. then after getting the answer, he can make his own decision, if he wants to take a high level of risk but the return, he gets is also high, then he can borrow money in the bank for capital. but if he doesn't dare to take the risk then he can invest the money he has.
Business risk or also called business risk is the impact or consequence that will be received during the course of a business activity. This has a direct or indirect impact on the decrease in the number of profits, as well as the finances of a company.
Even so, the majority of entrepreneurs will always anticipate the worst possibility that occurs from a business activity. Making the right decisions and having a mature strategy can reduce business risks that may occur in a business activity.
Business owners sometimes do have to take the 'worst' risks available to get bigger profits, compared to taking no risks at all which can actually make the business stagnate or 'stuck'.
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The name for minimum energy expended to keep a resting, awake body alive is _______________. This represents about 60% to 70% of total energy expenditure.
The name for minimum energy expended to keep a resting, awake body alive is basal metabolic rate. This represents about 60% to 70% of total energy expenditure.
What is basal metabolic rate?
As we know that to keep our most life-sustaining activities at a position of rest, our body needs a lot of calories, so basal metabolic rate (BMR) simply helps in determining how much calories are actually needed to perform such activities such as energy needed at the time when our body is resting or we are sleeping. The best basal metabolic rate (BMR) is between 1000-2000, means there should be an intake of around 1000-2000 of calories each day so that these activities should be carried out.
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The payroll department keeps a list of employee information for each pay period in a text file. the format of each line of the file is:__________
The format of each line of the file is <last name> <hours worked> <hourly wage>
What are the types of file formats?Computer files and file extensions have a comprehensive list of all the hundreds of different file types and extensions that are used with computers. The majority of individuals, however, would find it impossible to remember every file extension and the programs that go with it. The most popular file extensions are shown here, organized into groups according to the types of files -
Audio file formats by file extensions.Compressed file extensions.Disc and media file extensions.Data and database file extensions.E-mail file extensions.Executable file extensions.Font file extensions.Image file formats by file extensions.Internet-related file extensions.Presentation file formats by file extensions.Programming files by file extensions.Spreadsheet file formats by file extensions.System-related file formats and file extensions.Video file formats by file extensions.Word processor and text file formats by file extensions.To learn more about file formats, refer to:
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Toybox, inc. , manufactures the spintop, a toy that the company discovers can cause harm. Before anyone is injured, anne, a pediatric nurse who has not purchased a spintop, files a suit against toybox, inc. In seeking to have the suit dismissed, toybox, inc. , best argument is that anne does not have.
Toybox, inc. , manufactures the spintop, a toy that the company discovers can cause harm. In seeking to have the suit dismissed, toybox, inc. , best argument is that Anne does not have the standing to sue.
A company, abbreviated as co., is a legal entity representing an association of human beings, whether natural, legal or a aggregate of both, with a specific goal. agency individuals share a not unusual cause and unite to gain unique, declared goals.
A organization is a prison entity shaped by a collection of individuals to have interaction in and perform a enterprise—business or business—employer. A organisation can be prepared in numerous methods for tax and financial legal responsibility purposes depending on the company regulation of its jurisdiction.
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In the interview in the ""introduction to marketing""-lecture on 09/13/22 a company representative of fidelity described how fidelity segments their markets. Based on which factors does fidelity segment their markets?.
Mass marketing, often known as undifferentiated marketing, is a tactic that involves developing a single message for every possible audience. It increases brand recognition and enables firms to contact more customers at a reduced cost.
It encompasses all the activities that companies undertake to push, sell, and distribute that product or service. The goal is to come up with sales and build a loyal Marketing customer base by informing prospective and existing buyers about the offering. The key purpose of selling is to induce people to inquisitive about the products or services of an organization.
This happens through market research, research and contemplating the interest of a business's ideal customers and attracting them through messaging which might be educational and helpful to a business's target group.
Marketing Management is an organizational discipline, which deals with the sensible application of promoting orientation, techniques and methods in enterprises and organizations and with the management of a company's marketing resources and activities.
The underside line of any business is to form money and marketing is a vital channel to achieve that end goal. Creative explained that without marketing many businesses wouldn't exist because marketing is ultimately what drives sales.
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You are creating the wbs for a project. which indicator best shows that you have decomposed a work package to an appropriate level?
You are creating the wbs for a project. The work can be completed within a reporting period shows that you have decomposed a work package to an appropriate level.
Work Package
A work package is a component of the work breakdown structure that allows project management to identify the actions required to complete the work. As such, a work package can be viewed as a sub-project that, when merged with other work package units, forms the finished project. By dividing the work into work packages, numerous teams can work on different aspects of the project concurrently or sequentially. Each team adheres to the processes outlined in the work package plan and completes them by the deadline. When all teams have completed their particular work packages, the project as a whole comes together and the objectives are met.
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Pre-paid phone carriers only use Electronic Serial Numbers to identify their customers.
True
False
Answer: false is the answer
If the production possibilities frontier is ________, then opportunity costs are constant as more of one good is produced.
If the production possibilities frontier is constant, the opportunities cost are constant as more of one good is produced.
The production possibility curve helps to show the combination of two or more goods that are produced in the economy. If the production possibility is slopping downwards it shows that there is scarcity in the economy. When the production possibility curve is bowed out it shows that the economy is allocating resources based on competitive advantage.
If the shape of the Production Possibility Curve is a straight line, then the opportunity cost is constant. This is because the production of different goods is changing. Opportunity cost is the cost of producing other goods with the same amount of resources that are used. If the resources are used to produce one article they cannot be used elsewhere.
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What describes a lump sum payment that is made to the lender at closing that usually comes from the builder as an incentive to the buyer or a family member trying to help out?
A "buydown" is the term used to denote a one-time payment paid to the lender at closing by the builder, typically as a perk for the buyer or a relative attempting to assist.
Who is a "buyer" in marketing terminology?
The primary focus of the market is the consumer, and everything that is done is done to satisfy them. It is one of the most crucial features of the market. The term "buyer" refers to a person or an organization that purchases goods or services.
Purchasing things for a firm to use or sell in their own enterprise falls under the purview of buyers. In-depth research, the capacity to manage an inventory, assess the quality of products, stay within a budget, and contract negotiations with suppliers are all necessary for this role.
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A resource is overallocated by two simultaneous assignments. one of the tasks is very short, while the other task is long. which technique provides an easy solution to this situation?
Assigning multiple resources to both tasks provides an easy solution to this situation.
A resource is a bodily fabric that human beings need and value together with land, air, and water. sources are characterized as renewable or nonrenewable; a renewable aid can refill itself at the rate it is used, whilst a nonrenewable aid has a restrained delivery.
Resource refers to all of the materials available in our surroundings that are technologically on hand, economically possible, and culturally sustainable and assist us to satisfy our wants and desires.
Resources are necessary for human beings due to the subsequent motives: sources while used as uncooked cloth fulfill the desires and comforts of humans. Herbal assets are a source of agricultural activities which provides economic importance. In addition, they provide employment possibilities.
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What is the main difference between a market demand curve and a market demand schedule?.
A demand schedule is a desk that suggests the quantity demanded at every charge. A call for curve is a graph that shows the quantity demanded at each charge. Every so often the call for curve is likewise called a call for agenda because it is a graphical illustration of the call for scheduls.
A demand schedule is a listing that indicates the quantity demanded in any respect viable fees that might prevail in the market at a given time, whereas a call for curve is a graph that shows the quantity demanded at every and every viable charge that would succeed in the marketplace at a given time.
The individual demand curve shows the small quantity of call for for a commodity however the market call for curve shows a large volume of quantity call for made by way of the complete client within the market.
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What commodity did the english east india company turn to in order to help britain erase the tea-caused trade deficit with china during the 1800s?
opium commodity did the english east india company turn to in order to help britain erase the tea-caused trade deficit with china during the 1800s.
East India Company:
The East India Company was a joint-stock company created in 1600 by the English, and afterwards by the British, that was liquidated in 1874. It was established to trade in the Indian Ocean region, first with the East Indies (the Indian subcontinent and Southeast Asia), then with East Asia. The business took over significant areas of the Indian subcontinent, colonised parts of Southeast Asia and Hong Kong, and maintained trading ports and colonies in the Persian Gulf Residencies. At its heyday, the company was the world's largest corporation, rivalling the Dutch East India Company.
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_____ is an organizational factor that gives a company specific characteristics. over time, stakeholders begin to see the company as like a living organism with a mind and will of its own.
Corporate Culture is an organizational factor that gives company-specific characteristics. over time, stakeholders begin to see the company as like a living organism with a mind and will of its own.
Corporate Culture: Corporate culture, usually referred to as company culture, is a set of values and activities that govern how management and staff at a firm interact and conduct business with third parties. Corporate culture can significantly affect a company's and its workers' success.
Employees are given the freedom to advance within the company and take charge of their own initiatives.
Corporate Culture is an organizational factor that gives company-specific characteristics. over time, stakeholders begin to see the company as like a living organism with a mind and will of its own.
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Adversity has the effect of eliciting talents which in prosperous circumstances would have lain dormant. True or false?.
Quintus Horatius Flaccus also known as Horace, a Roman lyric poet, once said "Adversity has the effect of eliciting talents which in prosperous circumstances would have lain dormant". Thus, the answer is TRUE.
What Horace meant by this statement was that if a person has the courage and determination to overcome challenges or seemingly impossible tasks, his true strengths might very well emerge.
A person's actual strengths will surface if they have the desire and bravery to tackle obstacles or tasks that seem insurmountable and this is known as the "adversity effect" principle, famously quoted by Horace.
This is a belief that the ability to disprove others' claims and validate your own is facilitated by self-confidence and the conviction that everything is possible.
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