In a monopolistically competitive market structure, because each good sold in the market is slightly different , firm is considered a price maker .
What Is Monopolistic Competition?
Monopolistic competition arises when numerous businesses provide rival goods or services that are comparable but imperfect replacements. Entry barriers are low in monopolistic competitive industries, and decisions made by one firm do not directly affect those of its rivals.Why is monopolistic competition used as a market structure example?
Monopolistic competition is a market arrangement in which numerous businesses manufacture comparable but distinct goods. This form of market competition, according to economic theory, lies somewhere between monopoly and perfect competition. When one company has complete control over the market and sets the price, a monopoly results.Learn more about Monopolistic Competition
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What is meant by employee survey?.
Leadership in a business may utilize employee surveys to gauge and assess performance, morale, and engagement among its workforce.
Surveys are also used to provide a more complete picture of how employees feel about things like working conditions, the influence of supervisors, and motivation than ordinary lines of communication could. Surveys are often responded to anonymously. As long as they are genuine, well-designed, administered efficiently, and elicit adjustments and improvements, surveys are regarded as useful in this regard.
To gauge how engaged your staff is, you should regularly administer engagement questionnaires to them. You can determine if your employees are engaged or disengaged by measuring the major engagement-related factors within your company.
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bowling green manufacturing co. has three orders to be shipped to different customers located in seattle, washington. the weights of the respective orders are 13,000 pounds, 9,000 pounds, and 10,000 pounds. the cost to ship each order individually is $17 per 100 pounds. the shipments can be consolidated into a single order for a cost of $14 per 100 pounds with an additional charge of $250 per stop. should the shipments be consolidated?
The answer is yes shipments should be consolidated as the cost is $210 lower with consolidation.
For each item cost is
=(13000*17)/100+(9000*17)/100+(10000*17)/100
=2210+1530+1700
=5440
While shipping costs will be
=((13000+9000+10000)*14/100)+(250*3)
=4480+750
=5230
The total difference is
= (5440-5230)
=210
Now we can say that the cost is $210 lower with consolidation.
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If the ncua charges 6.3 cents per 100 dollars insured and credit union l pays $8,445 in ncua insurance premiums, approximately how much is in credit union l’s insured deposits? a. $1.2 million b. $5.3 million c. $13.4 million d. $20.6 million please select the best answer from the choices provided a b c d
If the NCUA charges 6.3 cents per 100 dollars insured and credit union l pays $8,445 in NCUA insurance premiums is option b 5.3 million dollars.
By insurance, what do you mean?Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unfavorable occurs, the insurance provider compensates you or a different person of your choosing. If you don't have insurance and an accident occurs, you can be liable for all expenses.
What advantages does insurance offer?Insurance serves as a financial safety net to help you and your loved ones recover in the event of a tragedy, such as a fire, theft, legal action, or car accident. When you get insurance, you will receive an insurance policy, which is a contract that is legally enforceable between you and your insurance company.
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_________ determines the point at which the cumulative dollar value of the benefits from a project equals the investment made in the project.
Breakeven analysis establishes the moment at which the total financial value of project benefits equals the project's investment.
What is break-even analysis?Breakeven analysis establishes the moment at which the total financial value of project benefits equals the project's investment. System developers that use the business case approach create a business case to support financing for one or more particular applications or initiatives. When determining when you will break even financially, a break-even analysis compares the costs of a new business, service, or product against the unit sale price. In other words, it indicates the time when you will have generated enough revenue to pay for all of your expenses.Therefore, breakeven analysis establishes the moment at which the total financial value of project benefits equals the project's investment.
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Businesses that use a __________ strategy focus on a narrow market segment or niche.
Businesses that use a Specialization strategy focus on a narrow market segment or niche.
What is specialization ?Product specialization is a marketing strategy in which companies concentrate their branding or marketing efforts on a single product or product line.These marketing initiatives frequently concentrate on the advantages and excellence of the product that may draw potential buyers.Workers are able to concentrate on a few or even one task because labor is distributed among them.They become more proficient at a task the more they concentrate on it, which reduces the time and cost necessary to produce a good. Through specialization, a worker can leverage their education and work history to speed up procedures and boost sales.High-quality work results from specialization.Focus plus skills equate to higher quality.An employee can hone their skill and continuously improve the quality of their performance by specializing in one thing.To learn more about specialization strategy refer,
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if the accrual basis of accounting is used, types of adjusting entries that may be needed at the end of the accounting period include:
A journal entry that modifies the amount of revenues or expenses reported in the income statement is known as an accrual-type adjusting entry. It is made at the conclusion of a reporting period.
The process of combining financial data such that it is easily comprehended by all parties, including shareholders, is referred to as accounting. Accounting is primarily used to track and present a company's cash flow, financial performance, and transactional activity.
The cash method and the accrual method are the two primary accounting techniques. Modified accrual is an alternate accounting technique that combines the two primary techniques. Cash Method: Revenue is recorded when it is received, and costs are recorded when they are settled.
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In 2010, some bottles of a competitor’s kombucha were bubbling and leaking at a whole foods in texas. Test results revealed that alcohol levels were higher than normal due to overfermentation. As a result, whole foods removed all kombuchas—including gt’s—from its shelves. After losing all of this distribution, one option for gt’s might have been a form of nonstore retailing that uses machines to offer goods for sale. This is an example of _______.
After losing all of this distribution, one option for it might have been a form of nonstore retailing that uses machines to offer goods for sale. This is an example of automatic vending.
Right here are the styles of retailing that exist these days – save retailing: This includes different forms of retail stores like branch shops, specialty shops, supermarkets, comfort shops, catalog showrooms, drug shops, superstores, discount stores, excessive cost stores, and so forth.
The retailing concept is an idea that examines the evolution of and transformation of the retail lifestyles cycle. This concept was first introduced by using Professor McNair from Harvard College. The retailing idea indicates new retailers will generally begin with low-value and occasional-margin operations.
Retail is the sale of products and services to purchasers, in comparison to wholesaling, that is sales to business or institutional clients. A store purchases goods in massive quantities from manufacturers, without delay or via a wholesaler, after which sells in smaller quantities to purchasers for a profit.
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the common stock of a.g. tailor has a required return of 16 percent. the latest press release stated that last year's dividend was $0.90 per share and that future dividends will increase by 15 percent for the following 3 years. after that, the dividend growth rate will be 3 percent indefinitely. what is one share of this stock worth to you today? $12.03 $9.60 $10.75 $10.26 $8.42
$9.60 is the one share of this stock worth to you today. After that, the dividend growth rate will be 3 years.
A single share of a company entails a relatively minor ownership interest in the company. By dividing the number of shares you own by the total number of shares outstanding and multiplying the result by 100, you may calculate your share of the company as a stockholder. An individual who owns stock in a corporation often receives both corporate voting rights and income from any dividends paid.The price-to-earnings (P/E) ratio of the corporation is the most used method of stock valuation. The P/E ratio is calculated by dividing the stock price by the most recent reported earnings per share for the company (EPS). A low P/E ratio suggests that a company is offering an appealing amount of value to the person purchasing it.
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obtaining an understanding of an internal control involves evaluating the design of the control and determining whether the control has been:
Obtaining an understanding of an internal control involves evaluating the design of the control and determining whether the control has been implemented.
What is Internal Controls?
Internal controls are accounting and auditing procedures used in the finance division of a business to guarantee the accuracy of financial reporting and compliance with legal requirements. Internal controls can help increase operational efficiency by ensuring budgets are followed, policies are followed, capital shortages are discovered, and correct reports are provided for leadership in addition to guaranteeing compliance with laws and regulations and preventing fraud. A company's internal controls and corporate governance depend heavily on internal audits. Since the accounting scandals of the early 2000s, internal controls have elevated to a crucial business function for every American organization.
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explain the four steps in onboarding. what should new hires learn at each step? how might social media or the internet aid the onboarding process?
The 4 main pillars of onboarding are as follows:
Cultural MasteryInterpersonal Network DevelopmentEarly Career SupportStrategy Immersion and DirectionWhat is onboarding?Onboarding, also known as organizational socialization, is the process through which new hires learn the information, abilities, and behaviors required to function successfully as insiders and members of the organization. The procedures used to incorporate new hires into the company are referred to as "onboarding." It contains exercises that enable brand-new hires to finish the new hire orientation process and learn about the company's structure, culture, vision, mission, and values.Success with the program's four main pillars of cultural mastery, interpersonal network development, early career support, and strategy immersion and direction is necessary to meet the onboarding margin requirements. The last two of these act as power pillars and have the potential to have the biggest influence.Therefore, the 4 main pillars of onboarding are as follows:
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Correct question:
What are the four steps in onboarding?
which of the following is considered in the calculation of gross domestic product? the distribution of wealth across the population the labor of an author on a book to be published the next year the total value of all consumer investments in financial markets environmental costs the value of all new residential home construction
'The value of all newly constructed residential home' is considered in the calculation of gross domestic product. Thus option D which is 'the value of all new residential home construction' is the correct answer.
Gross domestic product (GDP) is the total market value of all the finished services and goods produced within a country’s borders in a specific period of time. As a broad calculation of overall domestic production, gross domestic product functions as a comprehensive scorecard for the economic health of a given country’.
Gross domestic product provides a country's economic snapshot that is used to estimate the size of an economy and its rate of growth.
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miriam is a real estate salesperson. she has just been handed a $100,000 earnest money deposit certified check from buyers who are interested in a new home. what does she do with the money?
The accurate solution is C. Miriam have to give up the take a look at to simplest her very own broking. At that point, the broking may direct her to place the finances into the palms of the broking's principal; area the finances right into a impartial escrow depository; or deposit the finances into the broking's believe fund financial institution account.
The required details for fund in given paragraph
A fund is a pool of cash this is allotted for a selected reason. A fund may be installed for lots specific purposes: a metropolis authorities placing apart cash to construct a brand new civic center, a university placing apart cash to award a scholarship, or an coverage business enterprise that units apart cash to pay its customers’ claims. The reason of a fund is to set apart a sure amount of cash for a selected need. An emergency fund is utilized by people and households to apply in instances of emergency. Investment finances are utilized by buyers to pool capital and generate a return.
College finances are generally installation with the aid of using dad and mom to make a contribution cash to a kid's destiny university education.
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Complete question
Miriam is a real estate salesperson. She has just been handed a $100,000 earnest money deposit certified check from buyers who are interested in a new home. What does she do with the money?
A. Miriam must turn the money over to the broker listing the home the buyers are interested in purchasing. The broker may then deposit the funds in the broker's trust account.
B. Miriam must hand the check over to her own broker. At that point, the broker might direct her to put the funds into the hands of the broker's principal; hand the funds over to another broker involved in the transaction; or place the funds into the broker's bank account.
C. Miriam must hand over the check to only her own broker. At that point, the broker might direct her to put the funds into the hands of the broker's principal; place the funds into a neutral escrow depository; or deposit the funds into the broker's trust fund bank account.
D. Miriam must simply deposit the check into the broker's account within three business days of receipt of funds. She need not consult her broker on procedure, only follow the trust fund regulations.
why do keynesians believe that budget deficits will increase aggregate demand? check all that apply.
If company taxes are decreased, rising budget deficits due to increased government expenditure will directly raise aggregate demand. Conversely, when the increased budget deficit is caused by reduced taxes, aggregate demand will grow due to an increase in corporate investment.
What is aggregate demand?In macroeconomics, total demand for final goods and services in an economy at a particular time is referred to as aggregate demand (AD) or domestic final demand (DFD). Even though this term isn't always used, it's frequently referred to as effective demand. The demand for a country's GDP is represented by this. It lays out the precise number of products and services that will be bought at each price point. The aggregate demand is comprised of investment, corporate and governmental spending, consumer spending, and net exports. Real output and price level are plotted on the horizontal and vertical axes, respectively, to represent the aggregate demand curve.
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corner solutions (complete specialization) are very unlikely, in spite of comparative advantage, because
The answer is (D.) all of the above. The complete answer is: Corner solutions (complete specialization) are very unlikely, in spite of comparative advantage, because of all of the above.
When the highest indifference curve attainable is not tangential to the budget line, the consumer spends their entire budget on purchasing as much of one of the goods as possible while purchasing none of the others. When the slope of the indifference curve exceeds the slope of the budget line, the consumer is willing to trade more of good 1 for a unit of good 2 than the market requires. In the international market, complete specialization is mostly when prices are constant and stable, but it is incomplete when costs rise because it leads to an increase in opportunity cost in the market. When world demand is more then the solution will not be able to work.
The complete question is: Corner solutions (complete specialization) are very unlikely, in spite of comparative advantage, because
a. of the law of increasing opportunity cost.
b. some goods are less tradable than others.
с. world demand
d. all of the above
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A firm finds that as it adds workers, each worker is adding less and less output to the production process. What must be true about average cost?.
A company finds that as it adds workers, each worker adds less and less output to the production process. The average cost must go up.
The unit price realized in a production cycle is called the average cost. This is an estimate of the typical costs incurred in the production of a good.
Depending on the number of units produced, this cost may vary. In general, as the producer uses more and more efficiency, the average cost will decrease as the number of units produced increases.
Although creating each additional unit becomes more expensive as the manufacturer approaches the theoretical capacity of its production plant, the average cost begins to increase.
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Write five ideas that you can recall about the types of important values and skills.
The five ideas that recall important values and skills are Integrity, respect, responsibility, sportsmanship, and servant leadership.
Values form the behavioral core and the motivational force for an individual, making bureaucracy the foremost test for business rulers to determine while drafting nominees. Everyone wants to build a very skillful group that comprises the right abilities and principles. Values cultivate the personality of life. Whereas skills make the customer gain skillfulness.
The main thing about values in a course is that if the task you do is agreeing with your principles before you will deem that job valuable. If the task clashes accompanying your principles before you will without a doubt be unlucky at work.
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organizations strive to control employees' behavior by linking which of the following systems to their control systems? a. disciplinary b. reporting c. incentive d. disincentive e. administrative
By connecting their incentive systems to their control systems, firms try to manage the behaviour of their workforce or strategic planning.
Strategic Planning
Strategic management is the process of establishing rules, procedures, and goals to improve a company's or organization's competitiveness. The main focus of strategic management is on effectively allocating resources and staff to achieve these goals.
The benefits of strategic management are typically seen as both financial and non-financial. A key duty of a board of directors is carried out via a strategic management process, which aids a business and its leadership in thinking about and making plans for the future.
The organization's and its employees' direction is established by strategic management. Effective strategic management continuously prepares, monitors, and tests an organization's activities in contrast to static strategic plans, increasing operational effectiveness, market share, and profitability.
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gretchen bought a new luggage set priced at $180. the sales tax in her state is 8.5%. what was the total cost of the luggage after-tax?
New luggage set priced at $180 , sales tax is 8.5% so The total cost of the luggage after-tax is 195.3
What is the total cost of the luggage?New luggage set priced at $180 , sales tax is 8.5% .
Formulate based on the conditions stated:
180* (8.5%+1)
Determine the total or difference:
180 * 1.085
Determine the quotient or product: 195.3
get the outcome: 195.3
The total cost of the luggage after-tax is 195.3
Luggage that is checked is measured in linear inches, which is the sum of the dimensions of height, width, and depth. Typically, it has to be smaller than 62 linear inches. As an illustration, if your luggage measured 28 x 20 x 12 inches, it would have a total length of 60 linear inches (28 + 20 x 12 = 60).To learn more about cost of the luggage refer to:
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What is the statement of the assets, liabilities, and net worth of a firm or individual at some given time called?.
A balance sheet the statement of the assets, liabilities, and net worth of a firm or individual at some given time.
What is a balance sheet simple definition?A balance sheet is a financial statement that shows the assets and liabilities of a corporation at a certain point in time.It is one of three fundamental financial statements used to evaluate a company's performance (the other two being the income statement and cash flow statement). A balance sheet provides a snapshot of your company's financial situation at any given time.A balance sheet, along with an income statement and a cash flow statement, can assist business owners in evaluating their company's financial status.The balance sheet, also known as the Statement of Financial Position, is a snapshot that provides the most complete picture of an organization's financial condition.It provides information about an organization's assets (what it owns) and liabilities (what is owed).To learn more about balance sheet refer
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which of the following are goods that conform to contract specifications? multiple choice adequate goods transforming goods conforming goods reasonable goods superior goods
Conforming goods are goods that conform to contract specifications.
Products that comply with the requirements of the sales contract are referred to as conforming goods. The type and amount of items that a buyer requires are typically stated in a purchase contract under sales legislation. An agreed-upon consideration obligates the seller to provide the customer with the requested items.
When the items provided match the commodities listed in the purchase contract, the goods are referred to as conforming goods.
In addition to quantity, quality, description, and packaging, the conformity of goods is determined by their adherence to standards that will affect how they are used, such as statutory requirements and industry codes.
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a company purchased a piece of equipment by paying $6,000 cash. a shipping cost of $450 to get the equipment to its factory was also incurred. the fair value of the equipment was $7,200 at the time of the purchase. for what amount should the company record the equipment?\
The amount the company should pay to record the equipment is $6,450.
What is a Shipping Cost?
The direct costs involved in getting a product from a shelf in your store or warehouse to a customer's door are known as shipping costs. The following expenses are only a few of them: box, packaging, tape, and sticker prices. the price of hiring a worker to pick, pack, and send out a package.
Dimensional weight, commonly known as DIM weight, is a method of pricing used by all significant carriers to determine shipment costs. The size of a shipment is taken into account when calculating dimensional weight to determine shipping costs.
The three types of shipping—land, air, and sea—all contribute significantly to our economy. Each has advantages that the other form of transportation may not have.
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the type of department that generates revenues, incurs costs, and whose manager is responsible for major investment decisions is called a(n):
An investment centre is a specific kind of department that makes money, spends money, and has a manager who makes important investment decisions.
An organization's business units are categorized as investment centers. The key characteristic of an investment center is that it is viewed as a unit and evaluated based on how much capital it uses, as opposed to a costs or profit center, which is evaluated based on its actual expenses or earnings.
Revenues, costs, and assets are all taken care of by the Investment Center, whereas a Profit Center handles both revenues and costs and a Cost Center solely costs. This demonstrates how the sphere of influence and the sphere of accountability expand from cost centers to investment ones. This measurement method has the advantage of being more comprehensive because it takes into account all capital uses.
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all of the following are manufacturing costs except: multiple choice question. office salaries direct materials direct labor overhead costs
All of the following are manufacturing costs except office salaries.
Manufacturing costs are the costs incurred during the production of a product. These costs also include direct material, direct labor, and manufacturing overhead. The costs are often shown in the revenue statement as separate line items.
An organization incurs these costs when producing something. Direct materials are those that are used in the production of a product. Direct labor is the portion of the labor costs of the production process that is specifically attributable to a unit of production.
Manufacturing overhead costs are allocated to units of production using a variety of different mechanisms, such as by direct labor hours or machine hours used.
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advertising managers sometimes hire an outside team of specialists to plan and execute an advertising campaign. these teams are called .multiple choice question.
Advertising managers sometimes hire an outside team of specialists to plan and execute an advertising campaign. These teams are called advertising agencies.
Advertising agencies benefit the company by advertising and campaigning for the products. For improving marketing strategies, advertising agencies are consulted for their expertise in popularizing the brands in the market.
Advertising agencies rely on market researchers, artists, media buyers, and other experts who can provide relevant ideas and contemporary trends in the market.
Advertising agencies save time and energy for the company as they take responsibility for creating strategies, developing ads, and campaigns for the products of companies. It is crucial for brand development in the market.
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which approach to finding value would licensed appraiser christina probably weigh most heavily when appraising a three-unit rental property?
One of the most well-known methods of assessing residential real estate is the sales comparison approach (SCA). When evaluating properties, appraisers and real estate agents most frequently employ this strategy.
How does the sales comparison method (SCA) work?The phrase "sales comparison technique" refers to a real estate appraisal process that evaluates a property against comparables or other previously sold homes in the neighborhood that have comparable features. The sales comparison approach is a method that appraisers and real estate brokers can use to assess properties that are for sale.Using sales prices as proof of the value of comparable properties is known as the sales comparison approach.The price that a certain piece of property sells for is the price that the interaction of supply and demand at the time of sale results in.One of the most well-known methods of assessing residential real estate is the sales comparison approach (SCA). When evaluating properties, appraisers and real estate agents most frequently employ this strategy.To learn more about sales comparison technique refer to:
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more than 10 percent of all new businesses in the united states that started between 1945 and 1950 were born in which city? multiple choice question. houston atlanta los angeles new york
More than 10 percent of all new businesses in the United States that started between 1945 and 1950 were born in Los Angeles.
Between 1945 and 1950, Los Angeles was the starting point for more than 10% of all new firms in the United States. In the period from 1940 to 1960, its population increased by more than 50%. The mass adoption of automobiles was a major driving force behind the transformation, allowing Los Angeles and the majority of other cities to dramatically alter their physical appearance. As a result, more remote lands could be colonised and developed into suburbs.
Los Angeles in the early 20th century was the kind of place where today's committed urbanists might feel right at home: a more traditional, mono-centric city where the majority of the region's economic and cultural life took place within a single, rail-fed urban core.
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if you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider:
If you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider Only credit cards that offer zero annual fees even if the APR is high.
Financial institutions frequently provide credit cards to their customers so they can withdraw money from their accounts. Consumer and commercial credit cards are the two types of credit cards available. The majority of cards are plastic, however some are made of metal or even have gemstones embedded in them. Another way a credit card varies from a debit card is that the owner of the debit card can use it as money.
The term annual-percentage rate (APR) describes the amount of interest that is produced annually by a sum that is charged to borrowers or paid to investors. APR is a percentage that shows the actual yearly cost of borrowing money throughout the course of a loan or the income received from an investment. This includes any fees or other expenditures related to the transaction, but does not account for compounding.
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susan's team is going through the stage of team development. in this stage, team members are becoming oriented with the group's processes and getting acquainted with one another. multiple choice question.
Susan's team is going through the stage of team development. in this stage, team members are becoming oriented with the group's processes and getting acquainted with one another's shared norms, shared goals, a common identity, & two or more freely interacting individuals. Option D. forming.
Social interaction is a change between two or more people and is a constructing block of society. Social interplay can be studied between organizations of two (dyads), three (triads), or large social organizations. by using interacting with one another, people design guidelines, establishments, and structures inside which they are searching to live.
Social interplay is the procedure of reciprocal having an effect exercised by means of people over one another for the duration of social encounters. commonly it refers to face-to-face encounters in which people are bodily present with each other for a certain period.
As humans, social interaction is crucial to each factor of our fitness. research indicates that having a strong network of guides or sturdy network bonds fosters both emotional and physical health and is an important component of adult existence.
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Disclaimer:- Your question is incomplete, please see below for the complete question.
susan's team is going through the stage of team development. in this stage, team members are becoming oriented with the group's processes and getting acquainted with one another. multiple choice question.
A. Storming
B. Norming
C. Performing
D. forming
this year, jong paid $3,000 of interest on a qualified education loan. jong files married filing jointly and reports modified agi of $157,000. what is jong's deduction for interest expense on an educational loan? a) $2,500 b) $3,000 c) $1,500 d) $1,000 e) none of the choices are correct.
Jong's deduction for interest expense on an educational loan is (e) None of the choices.
Per IRS, the maximum allowed Educational loan Interest deduction is the actual amount or $2,500 whichever is lesser.
However, the deduction phases out completely for AGI greater than $170,000 under the Married filing jointly status.
For AGI greater than $140,000 and lesser than $170,000, a phased amount of deduction exists
($157,000 - $140,000) / $30,000 = 57% of the amount is phased out
Maximum deduction allowed = $2,500 * 57% phase-out = $1,425 phase-out
Deduction for interest expense = $2,500 allowed - $1,425 phased out
Deduction for interest expense = $1,075
Hence the final answer is $1075, which is not given in the choices hence correct option is (E).
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Which philosopher argued in the second treatise of government that people have a natural right to property?.
In The Second Treatise of Government, John Locke outlines his view of property rights (1690). The argument is based on Locke's identification of natural principles.
which allow people to appropriate and exercise control over objects in the world like land and other material resources.
What did John Locke contend in his Second Treatise on Government?
The Second Treatise of Government gives the populace control over sovereignty. The central claim of Locke is that in a natural state where they can live without outside interference, persons are free and equal, and they are endowed with inherent rights.
What is the natural rights doctrine proposed by John Locke?
According to Locke, everyone has some "inalienable" natural rights from birth, which makes everyone equal un his view. To put it another way, these are unalienable, divinely granted rights. "Life, liberty, and property" were listed as some of these fundamental natural rights by Locke.
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