The statements "The manager has historically used trial and error as a decision-making strategy and manager uses old ways of thinking to solve the day-to-day issues of the unit" reflect this rigidity. Option 1,4 are correct.
Option 1 suggests that the nurse manager has historically relied on trial and error as a decision-making strategy, indicating a reluctance to consider new or innovative approaches to problem-solving, which reflects rigidity.
Option 4 indicates that the nurse manager uses old ways of thinking to solve day-to-day issues, which further reinforces the perception of rigidity and unwillingness to adapt to changing circumstances.
Both of these options suggest that the nurse manager is not open to new ideas or approaches and may be resistant to change. This rigidity can be problematic in a fast-paced healthcare environment where new challenges and situations arise frequently.
Therefore, correct options are 1, 4.
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Complete question is:
A nurse managers supervisor reports that many staff members have complained about the managers rigidity. What situations reflect this rigidity?
Note: Credit will be given only if all correct choices and no incorrect choices are selected.
Standard Text: Select all that apply.
1. The manager has historically used trial and error as a decision-making strategy.
2. The manager takes unnecessary risks when staffing the unit.
3. The manager is not concerned when staff members arrive late to work.
4. The manager uses old ways of thinking to solve the day-to-day issues of the unit.
5. The manager does not consider the advice of the unit comanager when making a decision.
rent received Rs. 10,000/-
Answer:
Okay, but where is the question or it's free points?
which are supply chain partners? (choose every correct answer.) multiple select question. federal regulators transporters retailers wholesalers competitors
The supply chain partners are -
WholesalersRetailersTransportersi.e. Option B, C, D
A supply chain partner is likewise an organization that will furnish you with the item or administration you'll require. The thing that matters is that a production network accomplice has a full-administration answer for obtaining, quality control, and operations and comprises of an organization of various providers. In Bufabs case in a mix with in-house creation of exceptional parts. The principal differentiation is that you just have one contact and in this way a lot nearer relationship.
The business connection among you and your inventory network accomplice depends on dependability, trust, and skill, and your accomplice has a profound comprehension of your requirements and will work proactively to accomplish your objectives.
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Complete Question -
which are supply chain partners? (choose every correct answer.)
multiple select question.
A. federal regulators
B. transporters
C. retailers
D. wholesalers
E. competitors
question content area top part 1 how do countries benefit by being members of economic communities?
Trade policies are coordinated and there are less restrictions on imports and exports benefit by being members of economic communities.
The position of a government on international trade, or the set of laws and procedures that have an impact on imports and exports, is known as trade policy.
Regulations, tariffs, and quotas are some examples of trade policies.
While some countries want to promote increased trade and pursue open trade policies with particular other countries, others want to impose trade restrictions and establish regulations that shield domestic industries from foreign competition.
Economic growth and lower product costs are just two advantages that trade policies may have.
A country's formal set of procedures, laws, rules, and agreements that control imports and exports to other countries are referred to as its trade policy. The goal of trade policies is to support the domestic economy. For instance, U.S. trade policy aims to increase the competitiveness of U.S. industries.
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How do countries benefit by being members of economic communities?
A.
Domestic competitors have advantage based on price
B.
Quotas are established to prohibit commerce and trade with nonmember countries
C.
Trade policies are coordinated and there are less restrictions on imports and exports
D.
Tariffs on imported goods increase, creating a higher standard of living
E.
The balance of payments become equalized
Select the correct answer.
Which marketing strategy is the most effective in the modern era?
O A. relationship marketing
OB. marketing mix
Oc relationship marketing combined with the marketing mix
OD. considering the short-term interests of society
O E.
customer service
Answer:
Customer Service
Explanation:
Productivity is measured as the ratio of inputs to outputs.a. Trueb. False
Productivity is measured as the ratio of inputs to outputs, its true.
Productivity is defined in economics as the ratio of output to input, which can include labor, money, or any other resource. The economy is commonly measured as a ratio of hours worked to gross domestic product. (GDP). By further segmenting labour productivity, it is feasible to look at trends in wage growth, wage levels, and technological progress. Growth in productivity is closely linked to business profits and shareholder returns. The productivity indicator that is most commonly reported is labor productivity, which is released by the Bureau of Labor Statistics. The GDP to total economic hours worked percentage is the foundation for this. Increasing capital depth, changes in the workforce's education and experience levels, and technological advancements all help to drive up labor efficiency.
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HELPPP I NEED IT QUICK In the past, midwives were often people in the community who had experience and perhaps a little bit of training but were mainly __________.
In the past, midwives were often people in the community who had experience and perhaps a little bit of training but were mainly "self-taught" or learned through apprenticeships with other midwives.
How were Midwives taught?The education and training of midwives have varied throughout history and across cultures. In the past, midwives were often trained through an apprenticeship model, where they would learn from experienced midwives by assisting with births and other aspects of maternal and newborn care.
In many societies, midwifery was traditionally a female profession passed down through generations of women in a family or community. Midwives may have learned through informal training, observing and participating in births, and gaining knowledge from other women in their community.
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A card issued by a bank that allows users to finance
a purchase.
Credit card
Debit card
Answer: Credit Card
Explanation:
Debit cards allow you to spend money by drawing on funds you’ve deposited at the bank.
Credit cards allow you to borrow money from the card issuer up to a certain limit in order to buy items or withdraw cash.
I hope this helps!
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Problem 3 Suppose Home and Foreign engage in free trade. a) Identify absolute advantage and comparative advantage of Home and Foreign. b) Describe the pattern of trade in the free trade equilibrium. Which theorem (law) do you use? c) One of the following three numbers is the relative price of apples in the free trade equilibrium. Which one is it? (a) 2 (b) 1 (c) 0.2 (d) any of them is possible. d) Explain how Home gains from trade (hint: use your answer from question (c)). e) Explain how Foreign gains from trade (hint: use your answer from question (c)).
question I need help with: Suppose that Home has 2400 workers, but they are only half as productive in both industries as we have been assuming. How do the gains from trade compare with those in the case described in problem 3?
In problem 3, Home and Foreign engage in free trade and it was asked to identify the absolute advantage and comparative advantage of Home and Foreign as well as describe the pattern of trade in the free trade equilibrium.
Furthermore, it was required to identify the relative price of apples in the free trade equilibrium and explain how Home gains from trade and how Foreign gains from trade.In addition to this, in this question, it is assumed that Home has 2400 workers, but they are only half as productive in both industries as we have been assuming. It was asked to compare the gains from trade with those in the case described in problem 3.As Home has 2400 workers and they are only half as productive in both industries, the labor productivity in both industries is half. Therefore, the labor productivity of .
Home in apples is 2400/2 = 1200 apples per worker, and in clothes, it is 2400/2 = 1200 clothes per worker. Absolute advantage of Home and Foreign in problem 3:Absolute advantage is the ability of a country to produce a higher output of a good or service using the same amount of resources than another country. For Home and Foreign in problem 3, it is given that they have 2400 workers and they can either produce apples or clothes. Home: To produce one apple, Home requires 2 workers, and to produce one cloth, Home requires 6 workers. Foreign: To produce one apple, Foreign requires 3 workers, and to produce one cloth, Foreign requires 3 workers.
Therefore, Home has an absolute advantage in producing both apples and clothes. Comparative advantage of Home and Foreign in problem 3:Comparative advantage is the ability of a country to produce a good or service at a lower opportunity cost than another country. To calculate the opportunity cost, we need to determine how much one good has to be sacrificed to produce one unit of the other good. Home: Opportunity cost of producing one apple is 3 clothes. Opportunity cost of producing one cloth is 1/3 apple. Foreign: Opportunity cost of producing one apple is 1 cloth. Opportunity cost of producing one cloth is 1 apple.
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Sarah purchased 75 sweaters from a wholesaler for $16 each. She wants the markup percentage to be 18 percent. How much will Sarah's profit be per sweater?
What are the effects of an increase in labor productivity on potential GDP, the
quantity of labor, the real wage rate, and potential GDP per hour of labor?
An increase in labor productivity can lead to an increase in potential GDP, as it allows more output to be produced with the same amount of labor.
What are the effects of an increase in labor productivity on potential GDP, the quantity of labor, the real wage rate, and potential GDP per hour of labor?An increase in labor productivity can lead to an increase in potential GDP, as it allows more output to be produced with the same amount of labor.
However, the effect on the quantity of labor and real wage rate is less clear-cut. In some cases, an increase in productivity can lead to an increase in the demand for labor and therefore higher wages. In other cases, it can lead to a decrease in demand for labor and lower wages. Ultimately, the effect on potential GDP per hour of labor will depend on the relative changes in output and labor inputs.
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Down the street from the dairy farm is a farmer with a pumpkin patch. Every season he produces pumpkins according to f(a,l)=10a1/2l1/2 where a is acreage and l is farm labor. He owns the land, but he does pay annual property tax τ∗a on his land. He can hire laborers at a wage rate of $10. He has already spent $200 on pumpkin seeds, and has acreage a he can use for pumpkins. a. What are the variable costs? Fixed costs? What are total costs? b. What is the short run demand for labor (keep acres fixed in the SR)? c. What is the profit function? (as a function of acres a, price of pumpkins p and tax rate τ only)
The variable costs in this scenario refer to the costs that change based on the level of production. In this case, the variable costs are the costs associated with labor and pumpkin seeds.
The cost of labor can be calculated by multiplying the number of laborers hired by the wage rate, which is $10 in this case.
So, if the farmer hires "l" laborers, the cost of labor would be 10l.
The cost of pumpkin seeds is given as $200, which is a fixed cost. This means that it does not change with the level of production.
b) The short-run demand for labor refers to the amount of labor required to produce a certain level of output when the level of acres is fixed. In this case, the level of acres is given by "a".
To determine the short-run demand for labor, we need to differentiate the production function with respect to labor (l) while keeping the acres (a) fixed.
The production function in this case is
\(f(a,l) = 10a^{(1/2)} * l^{(1/2)\)
To find the short-run demand for labor, we differentiate the production function with respect to labor:
\(\partial f(a,l)/\partial l = 5a^{(1/2)} * l^{(-1/2)\)
c) The profit function can be calculated by subtracting the total costs from the total revenue.
Total revenue is given by the price of pumpkins (p) multiplied by the quantity of pumpkins produced, which is determined by the production function f(a,l).
So, the total revenue (TR) = p * f(a,l).
The total costs (TC) consist of the fixed costs (200) and the variable costs (10l).
Therefore, the profit function (π) can be expressed as:
π(a,p,τ) = TR - TC
= p * f(a,l) - (200 + 10l)
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Europe wanted luxury products and exchanged the finished products for silver from what country?
Europe wanted luxury products and exchanged the finished products for silver from Bolivia and Mexico.
What is Trading?
Trading is the act of buying and selling financial items including stocks, bonds, currencies, and commodities, as opposed to investing, which suggests a buy-and-hold strategy. The ability of a trader to achieve long-term profitability is crucial to success in trading.
Henry has food but needs wool, in contrast to Liam who has wool but needs food. To please both of them, Liam and Henry will trade food for wool in order for Liam to get food and Henry to get wool. The pinnacle of trading is this.
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Having a corporate code of ethics that prohibits employees from accepting gifts from customers or vendors is an example of which component of internal control?.
Having a corporate code of ethics that prohibits employees from accepting gifts from customers or vendors is an example of control environment.
Employees perform unique responsibilities and duties for employers in change for compensation. commonly, they paintings in a full-time, element-time or brief potential. personnel satisfy sure job obligations and roles, most usually described within the task listing. The dictionary definition of “employee” says succinctly that an worker is “someone who works for any other in return for economic or different compensation.”three underneath that definition, independ- ent contractors would seem like personnel. An enterprise is an enterprise, organization, authorities entity, organisation, employer, professional offerings firm, nonprofit association, small business, shop, or man or woman who employs or places to work, a person who's called an employee or a team of workers member.
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Which of the following is most likely to produce scientific evidence about a theory?
a. an economist employed by the AFL/CIO doing research on the impact of trade restrictions on workers' wages
b. a radio talk show host collecting data on how capital markets respond to taxation
c. a tenured economist employed at a leading university analyzing the impact of bank regulations on rural lending
d. a lawyer employed by General Motors addressing the impact of air bags on passenger safety
When the economist is employed for the university so it affects the bank regulations. This represent the generation of the scientific evidence related to the theory.
The following information should be considered
The tenured economist should give scientific proof related to the theory. In this, the primary data is collected & then transform into the theoryIn option a, only do the research. The rest of the options does not give scientific evidence.Therefore we can conclude that option c is correct.
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Michael and Sandy purchased a home for $100,000 five years ago. If it appreciated 6% annually, what is it worth today
Based on an annual appreciation rate of 6%, Michael and Sandy's home would have appreciated by 33.18% over the course of five years. To calculate the current value of the home, you can multiply its original purchase price by the appreciation factor: $100,000 x 1.3318 = $133,180
Therefore, Michael and Sandy's home is worth $133,180 today.
1. Identify the initial value of the home: $100,000
2. Determine the annual appreciation rate: 6% (or 0.06 as a decimal)
3. Identify the number of years that have passed: 5 years
4. Use the formula for compound interest to calculate the worth today: Future Value = Initial Value × (1 + Appreciation Rate) ^ Number of Years
Now, let's plug in the values:
Future Value = $100,000 × (1 + 0.06) ^ 5
Solving this:
Future Value = $100,000 × (1.06) ^ 5
Future Value = $100,000 × 1.3382255776
Future Value ≈ $133,822.56
So, after five years of 6% annual appreciation, Michael and Sandy's home is worth approximately $133,822.56 today.
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Has social media improved human communication?
Answer:
yes it has definitely. people can now talk a lot easier and can talk to people from other places and make new friends
t/f in a process cost system, materials, labor and overhead are only added in the first production department.
True. In a process cost system, materials, labor and overhead costs are added to the first production department and then allocated and transferred to subsequent departments based on the number of units produced or other predetermined allocation method.
This helps to accurately track the costs associated with each stage of production and calculate the total cost of producing each unit. False. In a process cost system, materials, labor, and overhead costs are not limited to the first production department. Instead, these costs can be added at different stages throughout the entire production process. Each production department may have its unique combination of materials, labor, and overhead costs, depending on the nature of the work being performed. The process cost system aims to accumulate and assign costs to each department to calculate the total cost of the finished product accurately.
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What will happen if you do not pay off your credit card balance each month?
If you do not pay your credit card invoice in any respect, you may likely get charged a late fee, lose your grace period, and need to pay interest at a penalty fee. Your credit rating may even pass down if you fall a minimum of 30 days behind on a credit score card bill fee.
Wearing a balance does not assist your credit score score, so it is always excellent to pay your balance in complete each month.
The effect of now not paying in full every month depends on how huge of stability you're wearing as compared to your credit restrictions.
Leaving stability will not assist your credit card ratings—it will just price you cash inside the shape of the interest. Wearing excessive stability for your credit cards has a bad impact on rankings as it will increase your credit utilization ratio.
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Critically discuss the FIVE (5) theories related to corporate
governance. (15 marks)
There are several theories related to corporate governance that have been developed to understand and guide the practices of governing corporations. Here are five key theories along with a critical discussion of each:
1. Agency Theory:
Agency theory views the corporation as a nexus of contracts between various stakeholders and focuses on the principal-agent relationship between shareholders (principals) and managers (agents). The theory suggests that conflicts of interest may arise due to divergent goals and information asymmetry between principals and agents. Corporate governance mechanisms, such as board oversight and executive compensation, are designed to align the interests of agents with those of principals.
Critique: While agency theory provides valuable insights into the challenges of governance, it tends to oversimplify the complexities of corporate governance by primarily focusing on the relationship between shareholders and managers. It may overlook the interests of other stakeholders and fail to address broader societal concerns.
2. Stewardship Theory:
Stewardship theory posits that managers act as stewards and are intrinsically motivated to act in the best interests of the organization and its stakeholders. It assumes that managers possess a sense of responsibility and commitment to long-term value creation. According to this theory, effective governance involves empowering managers and fostering a culture of trust and cooperation.
Critique: While stewardship theory emphasizes the positive motivations of managers, it may underestimate the potential for self-interest and opportunistic behavior. The theory assumes that all managers possess a strong sense of stewardship, which may not always be the case. It also downplays the need for monitoring and accountability mechanisms in governance.
3. Stakeholder Theory:
Stakeholder theory asserts that corporations have a moral obligation to consider the interests of various stakeholders, including employees, customers, suppliers, communities, and the environment, rather than solely focusing on maximizing shareholder wealth. It emphasizes the need for a more inclusive and balanced approach to governance that takes into account the broader impacts of corporate actions.
Critique: While stakeholder theory emphasizes the importance of considering multiple stakeholders, it can be challenging to prioritize and reconcile the diverse interests of different stakeholders. Critics argue that a singular focus on shareholder wealth maximization is necessary for efficient resource allocation and economic growth.
4. Resource Dependency Theory:
Resource dependency theory suggests that corporations are dependent on external resources, such as capital, information, and expertise, to survive and thrive. It emphasizes the importance of managing relationships with external entities, including shareholders, lenders, suppliers, and regulators, to secure necessary resources. Effective governance involves establishing strategic alliances and reducing dependence on any single resource provider.
Critique: Resource dependency theory provides valuable insights into the interdependence of corporations and external entities. However, it may downplay the significance of internal governance mechanisms and the role of managerial decision-making in resource allocation and utilization.
5. Institutional Theory:
Institutional theory highlights the influence of institutional norms, rules, and practices on corporate governance. It argues that corporations conform to prevailing institutional expectations to gain legitimacy and social acceptance. Corporate governance practices are shaped by institutional pressures, such as legal and regulatory frameworks, industry standards, and societal expectations.
Critique: While institutional theory sheds light on the external forces shaping corporate governance, it may overlook the agency of corporate actors in shaping institutions themselves. Critics argue that institutional pressures can perpetuate existing power structures and impede innovation and change.
Overall, these theories offer different perspectives on corporate governance, highlighting various aspects of the relationship between stakeholders, managers, and external forces. A critical evaluation of these theories is necessary to develop a more comprehensive and balanced understanding of corporate governance and its implications for organizational performance and societal outcomes.
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Corporate governance is a complex field that encompasses various theories and perspectives on how corporations should be governed and operated.
The five key theories related to corporate governance:
Agency Theory: This theory suggests that conflicts of interest arise between the owners (shareholders) and managers of a company. Managers may pursue their own self-interests, which can lead to agency problems and value destruction for shareholders. Agency theory emphasizes the need for mechanisms, such as performance-based incentives and independent boards, to align the interests of managers with those of shareholders.
Stewardship Theory: In contrast to agency theory, stewardship theory views managers as responsible stewards who act in the best interests of the organization. It assumes that managers are intrinsically motivated to protect and enhance the company's value. Stewardship theory promotes trust, cooperation, and shared goals between managers and shareholders.
Stakeholder Theory: This theory expands the scope of corporate governance beyond just shareholders to include other stakeholders such as employees, customers, suppliers, communities, and the environment. Stakeholder theory argues that corporations should consider the interests of all stakeholders and not solely focus on maximizing shareholder value. It emphasizes the importance of sustainable and responsible business practices.
Resource Dependence Theory: This theory emphasizes the dependence of organizations on external resources such as capital, labor, and information. It suggests that corporate governance structures should be designed to manage relationships with external entities effectively. Resource dependence theory focuses on strategies for acquiring and controlling critical resources to ensure the long-term survival and success of the organization.
Institutional Theory: This theory highlights the influence of institutional forces, such as laws, regulations, norms, and social expectations, on corporate governance practices. Institutional theory suggests that organizations conform to institutional pressures to gain legitimacy and maintain their social standing. It recognizes that corporate governance practices are influenced by the broader institutional environment in which the corporation operates.
These theories provide different perspectives on how corporations should be governed, reflecting diverse interests and objectives. They contribute to the ongoing discussions and debates surrounding corporate governance practices and help shape regulations, guidelines, and best practices in the corporate world. It is important to critically evaluate and integrate these theories to develop effective governance frameworks that balance the interests of various stakeholders and promote sustainable business practices.
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During selection, a job applicant’s past performance, experience and education are all examples of ____________.
a) Group of answer choices
b) elements of job performance
c) selection criteria
d) predictors of selection criteria
e) none of the suggested answers is correct
During selection, a job applicant’s past performance, experience and education are all examples of selection criteria. The correct answer is option(c).
Several criteria are taken into account while choosing a job candidate in order to determine their appropriateness for the role. These elements—also referred to as selection criteria—help employers assess the credentials, competencies, and qualities of applicants. Past performance, experience, and education are key factors among these requirements.
Past performance refers to a candidate's record in prior positions or tasks. Employers might evaluate their capacity to carry out duties proficiently, meet goals, and meet expectations. Examining prior performance might reveal information about a candidate's work ethic, abilities, and general ability.
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Does the amount of effort that you put into your courses increase or decrease the marginal cost of your education? Explain your answer. PLEASE HELP!
The amount of effort that you put into your courses increases the marginal
cost of your education.
Marginal cost refers to the incremental cost which is accrued as a result of
increase in goods and services.
In this scenario, amount of effort put into courses entails more time and
money spent from buying of books and other materials. This therefore
depicts an increase in the incremental and marginal cost.
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At her job of grooming horses, Polly Yaskovich worked 8 hours a day on Monday and Tuesday earning $67 each day. On Wednesday, she earned $82. On Thursday, she earned $78. How much must Polly earn on Friday, to have average earnings of $75 a day?
Answer:
Your answer is that she needs to earn $148 on Friday
Explanation:
Calculate Average:
(67 + 82 + 78) / 4 = 56.75 (Remember 67 is worth Monday and Tuesday)
We know that the number that the 4 numbers add up to has to be divisible by 5 because our we need to average 75 and we have 5 days to average on.
5 x 75 = 375
67 + 82 + 78 = 227
375 - 227 = 148
(67+82+78+148) / 5 = 75
Your answer is that she needs to earn $148 on Friday
which of the following is true about eating at work
Answer:
It can make you distracted
Explanation:
The true statement about eating at work includes:
eating Food preparation area can cause contaminationyou should never eat while at workWhy is eating prohibit at work hours?In some firm, it is prohibited because it can causes distraction to others.
Hence, the true statement about eating at work includes eating Food preparation area can cause contamination and you should never eat while at work.
Therefore, the Option A & D is correct.
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After analyzing your menu, you find that food sales are $1,200 and beverage sales are $800. Your average gross margin for food and beverage is 67%. Which is more profitable, food or beverage
Answer:
Food is more profitable
Explanation:
The formula for calculating the gross margin ratio is as below.
Gross margin ratio= gross profit/ net sales.
Therefore, gross profit= net sales x gross profit ratio
in this case:
The gross profit ratio is 67%
gross profits from food sales
=1200 x (67/100)
=$804
Gross profit from beverages
=$800 x ( 67 /100)
=$536
Gross profit from food sales is higher than that of beverages
Food is more profitable
Answer:
C. Cant tell from the data
Explanation:
Which of the following is an example of the U.S. agreeing to allow imports from selected countries at the lowest
custom duty rates?
A free-trade zone
A most-favored nation status
A common market
A free trade agreement
The Free Trade Agreement of the U.S. is an example of the US agreeing to reduce barriers to imports and exports by lowering tarries. The correct answer thus is D.
What is an example of a Free Trade Agreement?The agreement between the U.S. and Mexico and Canada are examples of the Free Trade Agreement.
The agreement described above is called North American Free Trade Agreement (NAFTA)
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What impact will higher wages have on the labor force participation of women? 
Young black women with college degrees had the highest lifetime incomes but lower labor force participation rates.
In comparison to men, women have fewer opportunities to make money globally. Women are less likely to actively search for work or do paid labor. Compared to 80% of men, only slightly more than 50% of women in the world work. People's labor force involvement varies depending on demographic parameters such sex, birth year, education, marital status, and the presence of young children at home. Low female labor force participation in India is a complex socioeconomic phenomenon caused by factors like rural-urban migration, patriarchal attitudes, and an imbalance in supply and demand. Wages Increase for Men and Women When More Women Work. based on data from 250 U.S. cities over 30 years. The greatest major economic shift during the previous century was probably the rise of women in the paid employment.
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( help please )
Which two types of Sales Channels sell primarily to other businesses?
(Choose two)
A. B2B
B. Wholesale
C. Online
D. Direct-to-Consumer
E. Retail
Two sales channels where businesses sell to other businesses are:
A. B2B B. WholesaleB2B stands for business to business and it refers to situations where a business sells goods or services to another business. Examples of this include:
manufacturer to retail manufacturer to wholesale manufacturer to manufacturerWholesale businesses buy things in bulk and then sell to small scale businesses which then sell to consumers. Wholesalers are therefore considered middlemen which get goods from manufacturers and sell to smaller businesses.
In conclusion, both B2B businesses and wholesalers sell to other businesses instead of individual consumers.
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Answer: B. Wholesale
A. B2B
Explanation:
A bank will not require security in the form of collateral as a guarantee the loan will be repaid.
True
False
In one or two sentences, explain why people will do less of an activity when the marginal costs are greater than the
marginal benefits.
Answer:
Marginal cost is defined as the additional cost incurred in adding a unit of product or service.
Marginal benefit is defined as the additional satisfaction or utility that the individual receives from consuming the added unit of product or service.
In every endeavor, we weigh the benefit and cost of a certain product, course of action or service. We aim to get the most out of every product or decision. We are driven to reach maximum profit at a minimum cost. Thus, when the marginal cost is greater than the marginal benefit, people will do less of an activity because it is not profitable.
Explanation:
Which of the following are types of evidence that can be used to support a
controlling idea? *
facts (statements that can be proved true)
statistics (data that is gained from research)
examples (specific instances of a general idea)
anecdotes (brief stories that illustrate a point)
all of the above
Answer:
all of the above
Explanation:
The controlling idea is the text that grabs the reader's attention in a paragraph or headline. It arouses curiosity in the audiences. The controlling idea makes people eager and anxious for details. In support of the controlling idea, the writer uses evidence to paint a clear picture of the events or story.
Some of the evidence that a writer can use include
Verifiable facts and dataReal-life stories and experiencesResearch outcomesFactual information in the public domain