What is employed in a process but isn't necessary for a desirable result is referred to as waste.
What do you meant by waste ?Activities inside a company that don't bring value but nevertheless cost money are known as the "seven wastes." Lean defines waste as any action that uses resources but doesn't benefit the consumer. In actuality, just a small fraction of the entire job process actually adds value for the clients. For this reason, companies should prioritize minimizing inefficient practices.
Anything that doesn't enhance a product's value is considered "waste" in lean manufacturing. In the manufacturing industry, "value" is referred to as everything that a consumer would be willing to pay for. So any expense made during a procedure that does not benefit the client is waste.
Therefore the correct answer is option a ) waste .
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Departmental income statement is where income statement prepared separately having column for each department. Departmental income statement would include direct expenses and allocated expenses or indirect expenses. Direct expenses are directly related to department as they are incurred by them. Indirect expenses are expenses incurred in total by company and used by each department. They are allocated to each department based on certain proportion. The direct and indirect expenses are deducted from departmental sales which would provide net income of department.
The direct and indirect expenses are deducted from departmental sales which would provide net income of department- true.
What are direct expenses?Costs that are charged directly to a cost object are known as direct costs (such as a particular project, function or product). The phrase "direct cost" is employed in accounting. Specific cost is the phrase used in economics to describe this concept. On the other hand, a joint cost is the cost incurred in the production or delivery of many goods or product lines. For example, key flight expenses (pilots, fuel, aircraft maintenance, landing & takeoff fees) were shared expenses in the civil aviation industry that promote economies of scale between freight and passenger services. In contrast, some costs—like those for meals and flight attendants—are specific to the services offered.
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what could explain real output being constant while real income per capita is increasing? (5 points)
real Income per capita will rise as population declines. The overall production will eventually rise as labour productivity rises. Therefore, economic expansion is always the result.
Real income, also known as real pay when referring to a person's income, is the amount of money that an individual or business makes after taking inflation into account. To have the greatest knowledge of their purchasing power, people frequently closely monitor the difference between their nominal and actual income. Real income is an economic metric that estimates a person's real purchasing power on the open market after taking inflation into account. It takes a dollar's worth of economic inflation out of a person's income, which often results in a lower value and less purchasing power. Real income, commonly referred to as real salary, is the amount of money that a person or organisation actually makes after accounting for inflation.
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bob, a licensee, is under investigation by the dpbr. bob receives an election of rights form along with the administrative complaint. on the form, he chooses to dispute the allegations. bob will face:
The Bob will face: the licensee challenges the claims made in the complaint, a formal hearing before an administrative law judge is required.
What is administrative law?Administrative law's main objective is to provide accountability for administrative agencies. Because judicial review of agency actions is permitted under this body of law, the executive branch's power is restrained and public transparency is ensured. Administrative law is a branch of public law. In administrative law, boards, commissions, and tribunals are the focus. This corpus of law also regulates policing, foreign commerce, manufacturing, the environment, taxes, broadcasting, immigration, and transportation.
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knowledge check 01 when manufacturing overhead is applied to each unit of product b, what is the activity rate that will be used for the setting up machines (setup) activity cost pool? multiple choice $18.26 $223.00 $538.77 $660.06
When manufacturing overhead is applied to each unit of product b, activity rate that will be used for the setting up machines (setup) activity cost pool is $223.00.
Activity rate = Total Cost of setting up ÷ Total number of setups
= 551702/2474 = 223
What is the formula for the activity rate?
Overhead is allocated using the activity rate formula, commonly referred to as the allocation rate formula. One must tally up all indirect costs that go into a given cost pool and divide that amount by the total cost driver employed for that particular cost pool to determine the activity-based costing rate.
How are activity rates determined?
The ratio of the number of active people both employed and unemployed to the equivalent total population is known as the activity rate.
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what information is required to fill out paragraph 3 of the trec one to four family residential contract?
The information is required to fill out paragraph 3 of the trec one to four family residential contract will be interest rate.
It informs the buyer that they may be extra charges or taxes if the property is located in an utilities company service area. It informs the buyer that there can be extra charges or taxes whereas if property is located in a public improvement district.
The resale of residential housing that can be single-family homes, duplexes, triplexes, or four-plexes is done using it. It cannot be used to buy or sell farm or ranch properties, new homes that are being offered by builders, or condominium transactions.
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a customer wants to enable two authors to finish each other's assignee workflow tastes when one author is absent or share an excessive load in the short term. what should a business practitioner recommend?
When one author is unavailable or needs to share a heavy workload immediately, a business professional ought to suggest including both writers in the dam-users group.
When one has more duties than they can reasonably perform in a given capacity, it is said that they are carrying a heavy burden. It could be the consequence of a company aiming to cut costs, but it could also emerge from the way a person handles or delegated work.
If your workload is causing you stress, using a few work management and self-awareness techniques might help you stay focused and use your time more effectively—or accept your limitations to support your overall well-being.
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a board member is curious about the progress of your team on the new corporate intranet. the board member would like to see how far along in the development the team is and what currently is planned for upcoming release. what tool might you send them, as the project manager, that they could reference for this material?
The project manager introduces teammates to the project or expectations during which process group.
What does the word "corporation" mean to you?Corporate can refer to a specific huge corporation, a collection of large businesses, or both. Interest rates are higher for business clients than for private ones. The economy and corporate profits are both growing. Corporate can refer to a specific huge corporation, a collection of large businesses, or both.
Why is a company seen as corporate?A corporation, also referred to as a C corp, is a separate legal entity from its owners. Organizations are able to earn money, pay taxes, and deal with legal repercussions. Although founding a corporation is much more difficult than creating other forms of companies, it offers owners the strongest defense against personal liability.
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luke operates a moisture farm on the planet tatooine. the moisture farm utilizes droids. luke's production function is given in the table. a barrel of moisture sells for 10 republic credits. a droid costs 65 republic credits per month to rent. how many droids should luke rent?
Luke needs to rent four robots. If Luke has a farm producing moisture on the desert Tatooine. In the moisture farm, droids are used. The table includes Luke's production function information.
What are the many sorts of production functions?The link between input and output quantities is explained by the idea of production function. Q=f is its formula (K,L). Depending on the quantity of constant elements, there are two types of production functions: short-run and long-run.
Which four production factors are there?The inputs required to create a products or service so order to generate revenue are known as the elements of production. These might be seen as the foundation of an economy.
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a small manufacturer of mountain bikes located in denver, colorado, buys tires from a supplier in china. there is a monthly demand of 200 tires. the cost of placing an order is $200 and the holding cost is $24 per tire per year. if the purchasing price is $45 per tire and the economic order quantity is used, what is the total annual inventory cost?
The total cost of inventory each year is $112,800. Inventory carrying costs include the cost of labor used in the processes of storing, transporting, and handling inventory.
How much inventory is there in total?Total Inventory refers to all Finished Lots, Work in Process (i.e., Units under construction, Model Units, Spec Units, and Sold Inventory), and Land Under Development as reported on WHI and its Consolidated Subsidiaries' consolidated balance sheet.
where, Annual demand equal to
= 200 × 12 months
= 2,400 tires
Now There would be the same amount of orders as
= Annual demand ÷ economic order quantity
= $2,400 ÷ 200 units
= 12 orders
Ordering cost = 12 orders × $200
= $2,400
And, The average inventory would equal to
= Economic order quantity ÷ 2
= 200 units ÷ 2
= 100 units
And, Carrying cost = average inventory × carrying cost per unit
= 100 units × $24
= $2,400
And, the purchase cost is
= Purchase price × Annual demand
= $45 × 2,400 units
= $108,000
Now
Total annual inventory cost = Ordering cost + Carrying cost + Purchase cost
= $2,400 + $2,400 + $108,000
= $112,800
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When an appraiser makes a site analysis on residential property, the appraiser would be
concerned with the income of the property's owners.
trying to estimate of the property's highest and best use.
concerned with the type and number of pets living on the property.
trying to determine the cost to replace the building.
Option 3rd is correct. An appraiser conducts a thorough study of residential real estate to ascertain the value of each property.
Gathering and verifying the relevant data is the first step in the appraisal process. The Comparison Approach, the Income Approach, and the Cost Approach are the three primary methods of appraisal that have historically been acknowledged by appraisal practice.
This approach, which is the most typical, bases a property's valuation on the most recent sales prices of nearby properties that are similar to it. The reliability, quality, and quantity of the data used in the methods to value are all factors that must be taken into account and analyzed as part of the appraisal process' final stage.
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business organization needs to make up a 5 member fund-raising committee. the organization has 10 accounting majors and 8 finance majors. in how many ways can the fund-raising committee be formed if at most 1 accounting major is on the committee?
The fund raising committee can be organized in 3,276 different ways.
The committee can have the following structures:
Accounting majors Finance major
0 5
1 4
2 3
It is given there are 10 accounting majors and 7 finance majors
So total = 10+7 = 17
C(10,0) x C(8,5) = (10! / 10!) x (8! / 3!5!) = 1 x 56 = 5
C(10,1) x C(8,4) = (10! / 9!1!) x (8! / 4!4!) = 10 x 70 = 700
C(10,2) x C(8,3) = (10! / 8!2!) x (8! / 5!3!) = 45 x 56 = 2,520
total possibilities = 2,520 + 700 + 56 = 3,276
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in tallahassee, the owner of a large estate dies. there are no claims made by creditors on the property and no heirs are found. the estate will likely:
The solution is to escheat. When property is not claimed for whatever reason after a specific amount of time, the government has the legal authority to seize it.
A legal doctrine known as escheat governs what happens to property if no one claims it. It is withdrawn or given back to the government in this situation. When there is no obvious owner of a piece of property, the government has the legal power to seize or claim it. Death frequently occurs for estates with no heirs, as well as for unused securities, bank accounts, etc. An account balance in a savings account can expire without someone dying. Being without an heir is not the same as being a dying person. There are frequently heirs when someone passes away intestate or intestate.By identifying heirs through probate (often children or close relatives), the property is kept from being given back to the government.
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real estate licensee jamie discovers that there is an increase in the number of building permits being issued in her town. what can she expect will result from this?
A cloth fact would motive a practical character to no longer take an action that would in any other case be taken, or take an action that would in any other case not be taken.
How do nonresidential transactions range from residential transactions with recognize to the three approved brokerage relationships accessible in Florida real estate?A. The duties attached to these relationships are increased for non-residential transactions than they are for residential transactions
Which one of the following gives the quality example of single agency?An agent from one firm acts as the agent for the buyer. After a few meetings, the Stinsons sign a listing agreement with broking Vera so she can sell their residence
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https://brainly.com/question/21894717#SPJ4baker corp., a financial services company, specializes in customers' preferences and cost-efficient processes. they also encourage self-managing teams that make all decisions regarding business development and the sale of services to their customers. the firm ensures that there is a good fit between its work system and its people. this scenario implies that baker has a
high-performance work system. baker corp., a financial services company, specializes in customers' preferences and cost-efficient processes. they also encourage self-managing.
teams that make all decisions regarding business development and the sale of services to their customers. the firm ensures that there is a good fit between its work system and its people. this scenario implies that baker The act of saving money by modifying a product or process to perform more efficiently. This is done to boost the organization's bottom line by lowering procurement costs and increasing overall efficiency. Cost efficiencient are corporate methods that aim to minimize the cost of producing a product or executing an activity while maintaining quality... Saving money through enhancing a process or product is the most basic definition of cost efficiency. Companies assess their cost-effectiveness by evaluating the.Every firm, no matter how big or little, has a cost. The more efficient a company's operations, the lower the cost of its products.
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what term is used to describe the integration of product design, process planning, and manufacturing using an integrated computer system?
term is used to describe the integration of product design, process planning, and manufacturing using an integrated computer system Computer-integrated manufacturing (CIM).
A computer system is a device that may be configured to do certain logical or mathematical operations automatically (computation). Modern digital electronic computers are capable of running programs—generalized sets of operations. Computers can do a variety of tasks thanks to these programs. A computer system is a minimally functional computer that comes with the primary software, peripherals, and other hardware components required for effective operation. This concept may also apply to a collection of connected computers that work together as a single unit, such as a computer network or computer cluster.Computers are used as control systems in a wide variety of industrial and consumer goods. Basic special-purpose gadgets like microwaves and remote controls, as well as industrial robots,
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State the three functions that an economic system needs to perform and explain how a market economy addresses them.
Any system for allocating limited resources, deciding what to produce, how much to produce, how to generate it, and who to distribute it to is a function of an economic system.
Simply said, consumer sovereignty dictates what to produce, with resources being distributed in a market economy to meet the majority of needs. A market economy is an economic system in which the market is given complete discretion over all choices relating to the production of products and services. The government keeps a careful eye but doesn't take any action.
Below is a list of an economic system's functions and how a market economy carries them out. In a market economy, the free markets are allowed to decide what should be produced.
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If a percent increase in the price of good X results in a percent decrease in the quantity of good Y demanded, which of the following is true?
A. Good X and good Y are complementary goods, and the cross-price elasticity is .
B. Good X and good Y are substitute goods, and the income elasticity is .
C. Good X and good Y are complementary goods, and the cross-price elasticity is .
D. Good X and good Y are normal goods, and the income elasticity is .
E. Good X and good Y are substitute goods, and the cross-price elasticity is .
Products X and Y are common goods, and income elasticity is accurate.
Which is the demand?The quantity of a good that consumers are willing and able to buy at different prices during a specific time is known as demand in economics.The demand curve is another name for the relationship between price and quantity demand.Demand is the consumer's intention to buy a specific product or service.The demand for a specific good on the market is known as market demand. The total demand for goods and services in the economy is known as aggregate demand.The price of an item or service is determined by how well supply and demand match. recognizing the idea of demand.To learn more about Demand refer:https://brainly.com/question/14213788
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Which of the following is the most accurate statement about the impact of business on society?a. Businesses often improve the quality of life, but can do little to improve the standard of living of most people due to inflation.b. When businesses earn a profit for their owners, they usually do so at the expense of the rest of society, which proves it is never a win-win situation.c. While businesses often improve the standard of living within a society, they can do little to improve the quality of life.d. Businesses can have a positive impact on both the standard of living and the quality of life within a society.
Businesses would have a beneficial effect on a society's quality of life and level of living.
Which of the following statements best describes how business affects society?Businesses frequently enhance quality of life for people, but because to inflation, they are unable to significantly raise the majority of people's standard of living.The federal annual deficit is calculated by deducting government spending from government tax receipts for a given year. Simply put, a budget deficit develops when expenses surpass income.Globalization of the economy creates both rivalry and chances for collaboration and integration.The operating and financial effects of a company interruption are examined through the business impact analysis. These effects include missed sales and revenue, missed sales or income, higher expenditures, fines from the government, penalties from contracts, a loss of clients, and a delay in the implementation of new company strategies.To learn more about impact of business refers to:
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Which of the following features would not generally be considered common to all forecasts? a. accuracy decreases as the time horizon increases b. actual results will differ somewhat from predicted values c. historical data is always available on which to base the forecast d. forecasts are usually wrong e. forecasts for groups of items tend to be more accurate than forecasts for individual items
Historical data is always available on which to base the forecast[C]. this feature would not generally be considered common to all forecast.
What is Forecast ?The process of forecasting entails creating predictions based on historical and current data. These might then be contrasted with what transpires. For instance, a business can predict its revenue for the following year and then contrast that prediction with the actual outcomes. Prediction is a comparable but broader phrase.Many firms utilise forecasting as a tool for making decisions to aid in planning, budgeting, and anticipating future growth.To learn more about Forecast:https://brainly.com/question/24730207
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Help answer these two questions pleaseee
1. Across the course, you've learned about many other desktop publishing software programs besides PowerPoint. Identify at least two other technologies available for desktop publishing (the software can be presentation-based, word processing, spreadsheet software.etc.). What are some common features across PowerPoint and these other programs?
1. What are 2 differences that could be expected in how an employee would speak to other staff members in a truly flat organizational structure compared to a hierarchical structure?
Answer:
1.
At least two other technologies available for desktop publishing:
Microsoft WordMicrosoft ExcelMicrosoft PublisherCommon features across PowerPoint and the above programs:
These programs are all part of the Microsoft 365 (formerly Microsoft Office) suite of software tools. They are available for both personal and professional use. All programs use a subscription model. They are designed to be compatible across Microsoft's entire product line and allow for instant collaboration among multiple registered users.
2.
Two differences in how an employee might speak to other staff members in a flat organizational structure versus a hierarchical structure:
Less expectation of formality: speech would likely be delivered in a more casual manner and tone among many staff membersAn increase in dialogue: a reduction or elimination of middle management necessitates increased collaboration among staffit is thought that leaders select members of their in-groups bif your leader allows you to share in decision making responsibilities, she is using which leadership style? telling style participating style selling style delegating stylesed on personal compatibility and .
Your boss is utilizing a participative style of leadership if she gives you a say in decision-making.
Who is a leader, exactly?
A leader is someone who motivates and provides guidance to others. A leader is someone who has a goal in mind and knows how to achieve it. A leader is someone who equips and inspires their group to achieve success.
What attributes distinguish an excellent leader?Effective leaders possess a variety of traits, including self-awareness, credibility, relationship-building, a bias for action, humility, empowerment of others, authenticity, portraying oneself as constant and consistent, being role models, and being fully present.
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you've just joined the blogging team for a new fashion retailer called vintagevines. what are some strategies you could adopt to reach and resonate with your target audience? select all that apply.
Fully comprehend who you are and what they like reading about. Create a distinctive brand voice and tone. Be sure to blog in a way that makes it simple for readers to find evergreen material.
A blog, often known as a weblog, is a frequently updated online page that is used for commercial or personal comments. A area where readers may leave comments is usually included at the bottom of each blog article since blogs are frequently interactive. A blog is a smaller website or page on a bigger website. It often includes articles with supporting images or videos that are written in a conversational tone. It's no surprise that blogs have gained a lot of popularity since they're a fun and adaptable tool for people to express themselves and interact with others. You can blog to provide details about your company and its products as well as your views and opinions on particular subjects.
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in feature-based modeling, geometry that describes certain aspects of the shape of the 3d model, with no implied relationship to any function or manufacturing method is called
Parametric modeling manipulates parameters to control the geometric shape of a solid object.
What is feature based modeling?Geometries are built using a mixture of form characteristics, which is referred to as feature-based modelling. Instead of using geometric language like circles or boxes to describe features, the designer uses engineering vocabulary like bosses, slots, or holes. Nongraphic data can also be stored in features. In circumstances when the surface is intricate and curved, wireframe modelling can be useful. You'll eventually discover that wireframe modelling offers the finesse for more complicated forms whereas the fundamental components of solid modelling are too complex for some purposes. The process of choosing, modifying, extracting, merging, and manipulating raw data in order to provide the required variables for analysis or predictive modelling is known as feature engineering.To learn more about feature based model refer to:
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any decision by the management of fast-food franchise corporation may significantly affect its
Any choice made by the Fast-Food Franchise Corporation's management may have a substantial impact only on its operators.
What is Corporation's management?Corporate management entails duties including organising, planning, and overseeing a company's operations. Organizations frequently assign managing titles and tasks, such as daily business management, strategic planning, and business development.
The Board of Directors is in charge of supervising business operations, company affairs, selecting the CEO, and keeping track of the firm's performance.
It must accomplish this while thinking about the company's best interests. Responsibility and accountability are complementary concepts.
They have the authority to oust board members in addition to having the primary responsibility of electing the board of directors.
Other significant corporate responsibilities fall under the purview of shareholders, including amending the Articles of Incorporation and corporate bylaws.
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A light bulb manufacturer uses descriptive analytics O to present supply chain to managers visually. O to plan capacity utilization by incorporating the inherent uncertainty in commodties pricing. O to schedule staff and vehicle for delivery. O to achieve efficiency in delivery of goods.
A light bulb manufacturer uses descriptive analytics because it present supply chain to managers visually.
Option A is correct.
Reports that provide historical insights into a company's production, finances, operations, sales, finance, inventory, and customers are known as descriptive analytics. As a result, it is useful in the supply chain and visually provides insight into the sales history.
Descriptive analytics is carried out for a reason.Additionally, descriptive analytics are useful for determining customer preferences and their evolution over time. Companies can make data-driven assumptions and accordingly plan their marketing campaigns and product launches with the assistance of an understanding of such behavioral patterns.
What methods are utilized in descriptive analytics?In general, descriptive analytics employs the following methods: Preparation of the data, data collection, exploratory data analysis, visualization of the data, statistical analysis, and predictive modeling
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if a surplus exists in a market, then we know that the actual price is
over the price at which the market clears. When there is more supply than there is demand, a surplus develops in the market. The price of the good is higher than what buyers are willing to pay, and there are more sellers than buyers as a result.
As a result, there are more sellers than buyers, and the good's price is higher than what consumers are willing to pay. The market-clearing price—the price at which the quantity provided and the quantity sought are equal—will then be higher than what is actually being paid. Sellers will reduce their prices when there is a surplus in order to draw customers and move their inventory. The market price will eventually reach the market-clearing price as a result, and the surplus will vanish. The market-clearing price is a key idea in microeconomics that is used to examine how supply and demand behave in markets and identify the price at which markets are in equilibrium.
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the property at 1100 main street has gone into default. after six months, the property is sold at a foreclosure auction. the lender was allowed to take possession of the property before the foreclosure sale, but will not receive clear title until after the expiration of the statutory redemption period prescribed by state law. this is an example of
The lender was allowed to take possession of the property before the foreclosure sale, but will not receive clear title until after the expiration of the statutory redemption period prescribed by state law. This is an example of intermediate theory.
What exactly is the Statutory Redemption Period?A mortgagee's ability to reclaim title of a piece of property following foreclosure is known as statutory redemption. Anyone who borrows money from a mortgagee to buy property is referred to as a mortgagor. A mortgage is the contract entered into by a mortgagor and mortgagee. The loss of ownership of property acquired through a mortgage is known as foreclosure. When a mortgagor doesn't pay their mortgage to the mortgagee, foreclosures typically take place. A foreclosure sale may be held on a property after a mortgage has been foreclosed. Statutory redemption enables a mortgage holder a set amount of time, typically a year, to pay the price the house sold for at the foreclosure sale.
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which nims-ics organizational level is responsible for specific functions at an incident, such as ventilation?
The goal of the incident command system is to: Assign command to a specific person using a uniform identification system.
What is Command example?
Verb She gave us the order to go. The troops were ordered by military leaders to start firing. She gave the order for all bridge construction to stop right away. Old French comander (modern French commander), from Vulgar Latin *commandare, from Latin commendare, from com- + mandare, from mand ("I order, command"); Middle English commanden, commaunden, comaunden, comanden. Compare mandate and commend (a doublet). In sentences, command words are used to give instructions or to order a specific action. They are sometimes termed imperative verbs, and they do not always need a subject. Often a directive will begin with an imperative verb or with a temporal connective.
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which of the following is true? responses a country producing products at a lower opportunity cost than other nations has comparative advantage with those products. a country producing products at a lower opportunity cost than other nations has comparative advantage with those products. countries should specialize in producing goods that they have an absolute advantage in producing. countries should specialize in producing goods that they have an absolute advantage in producing. a nation cannot have an absolute advantage in the production of every good. a nation cannot have an absolute advantage in the production of every good.
A country producing products at a lower opportunity cost than other nations has comparative advantage with those products is true.
What does comparative advantage mean using an example?What you excel in while making the fewest sacrifices is your comparative advantage. Your comparative advantage is plumbing, for instance, if you're also a wonderful babysitter.
The difference between an absolute and a comparative advantagePositive Aspect: a producer's capacity to outproduce a rival in terms of quantity of an item or service. The capacity of an actor to create a good or service for a lower opportunity cost than a rival.
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what will be true if the anticipated rate of inflation is less than the rate of inflation included in the nominal interest rate of a loan? (2 points)
The lender will benefit from a higher real interest rate if the anticipated rate of inflation is less than the rate of inflation included in the nominal interest rate of a loan.
Depending on your identity or who you are, inflation that is more than expected will have different effects. A worker would most certainly experience the effects in the form of lower pay, a loss of benefits, and a refusal to put in extra time, all of which would lead to weaker bargaining leverage. If inflation is more than anticipated, those who agreed to buy or sell at a price that accounted for lower inflation are called the losers, while those who agreed to pay the cost or price are seen as the winners.
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