The sales volume would need to increase by 13.5% (relative to the present value of contribution) in order to make the NPV zero.
To make the net present value (NPV) zero, the sales volume would have to change by a certain percentage.
The NPV represents the present value of the project's cash inflows (sales income) minus the present value of cash outflows (variable costs and initial investment). In this case, the NPV is positive, indicating that the project is expected to generate a positive return.
To calculate the required change in sales volume, you can use the following formula:
Change in Sales Volume (%) = NPV / Present value of contribution
Substituting the values given:
Change in Sales Volume (%) = 515 / 3,815
Calculating the result:
Change in Sales Volume (%) = 0.135 or 13.5%
This means that the project's sales would need to increase by 13.5% to offset the initial investment and variable costs, resulting in a breakeven point where the project neither generates profit nor incurs losses.
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What are some examples of other risky types of credit?
Here are some examples of other types of risky credit:
Subprime MortgagesPayday Loans: What are types of risky credit?Subprime Mortgages: Subprime mortgages are home loans offered to borrowers with poor credit or limited credit history. These loans typically come with higher interest rates and fees, making them riskier for borrowers who may struggle to make their payments.
Payday Loans: Payday loans are short-term loans that are typically due on the borrower's next payday. They often come with extremely high interest rates and fees, and borrowers can easily become trapped in a cycle of debt if they cannot repay the loan on time.
Credit Card Cash Advances: Credit card cash advances allow borrowers to withdraw cash from their credit card account, but they typically come with very high interest rates and fees. Borrowers who use credit card cash advances to make ends meet can quickly accumulate a significant amount of debt.
Title Loans: Title loans are short-term loans that are secured by the borrower's car. These loans often come with high interest rates and fees, and borrowers who cannot repay the loan can lose their car.
Peer-to-Peer Loans: Peer-to-peer loans are loans that are funded by individual investors rather than traditional lenders. While these loans can offer lower interest rates than other types of credit, they are often riskier for investors, who may not receive their money back if the borrower defaults on the loan.
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Which one of the listed characteristics is NOT correct: In order to help managers to learn from the Results of the past decision includes:Explore why any expectations for the decision were not metCompare what actually happened to what was expected to happen as a result of the decisionAssign to the lower-level managers to follow up the decisionDerive guideline that will help in future decision making
The characteristic that is NOT correct is: Assign to the lower-level managers to follow up the decision.
While it is important for managers to learn from past decisions and explore why expectations were not met, as well as compare actual outcomes to expected outcomes, assigning the follow-up of the decision specifically to lower-level managers is not a necessary or accurate characteristic. The responsibility for follow-up and learning from past decisions can involve managers at various levels within an organization, depending on the specific decision and its impact on different departments or areas of responsibility. It is not limited to lower-level managers exclusively.
Decisions are fundamental to the functioning of individuals, businesses, and organizations. Decision-making involves selecting the most suitable course of action from available alternatives based on a set of criteria or goals. Decisions can range from simple, everyday choices to complex strategic determinations. They are influenced by various factors, such as information availability, time constraints, resources, risk assessment, and stakeholder considerations. Effective decision-making requires critical thinking, analysis, and evaluation of potential outcomes and consequences. Decision-making processes may vary depending on the context and the individuals or teams involved. It is important to learn from past decisions, evaluate their effectiveness, and use insights gained to improve future decision-making processes and outcomes.
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Define careere pleaseeeeeeeeee
Answer:
a profession or occupation chosen by one's life work.
Having or following a career as specific career diplomat.
Explanation:
Hope this helps.. ;)
FYI I did research and I didn't copied and pasted..
Answer: an occupation undertaken for a significant period of a person's life and with opportunities for progress.
Like a police officer, fire fighter, cashier, fast food worker, teacher, principle, Etc....
Hope this helps... Stay safe and have a great Thanksgiving!!! :D
Shuri is revamping her company to clarify the chains of command, the tasks assigned to each worker, the official policies and procedures, and her expectations for cooperation and teamwork. Shuri is:.
By reshaping her company to clarify the chains of command, the tasks assigned to each worker, the policies and procedures according to her expectations of cooperation, Shuri is increasing organizational synergy.
Importance of synergyIn an organization, synergy corresponds to simultaneous efforts, that is, cooperation that will lead to the integration of employees and organizational goals and objectives.
Therefore, by increasing synergy, Shuri aims to integrate organizational resources with the workforce, increasing cooperation, communication and organizational culture, focused on development and continuous improvement.
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which of the following is the most common type of audit for an individual taxpayer? group of answer choices office audit telephone audit correspondence audit field audit none of these
Answer:
Explanation:
The most common type of audit for an individual taxpayer is the correspondence audit.
In a correspondence audit, the IRS (Internal Revenue Service) sends a letter to the taxpayer requesting additional information or documentation to support specific items reported on their tax return. The taxpayer is typically asked to provide the requested information by mail or through an online portal.
This type of audit is less intensive than other types, as it is conducted through written correspondence and does not require an in-person meeting or visit from an IRS agent. Correspondence audits are generally used for simpler tax returns and relatively minor issues.
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You are a vendor representative with a new line of fashion watches showing it to a new buyer. The costume jewelry buyer says she would like to buy the line but has too many lines of fashion watches in her assortment already that are not selling. She continues to complain that her worst-selling brand of watches will not help her out with any markdown allowances or take any of the merchandise back. She states that she is no longer buying any more merchandise from this line and will have to wait until it sells before she can bring in a new line of watches. What might you suggest or negotiate?
Answer:
Doing a buyback
Explanation:
Answer:
Since She states that she will no longer buy any more merchandise from this line and she will have to wait until it sells before she can bring in a new line of watches what i would or might you suggest or negotiate is for her to do a BUYBACK.
Therefore BUYBACK can be seen as something or item that have been repurchased due to some unresolved issues that has been reported by the initial owner but has since been resolved and it can as well mean an agreement to buy something in return.
Lastly BUYBACK can tend to be a sale whereby something that is been sold is repurchased from the buyer by either the seller or the initial owner.
Suppose a u. S. Treasury bond will pay $4,475 five years from now. If the going interest rate on 5-year treasury bonds is 4. 25%, how much is the bond worth today?.
Suppose a u. S. Treasury bond will pay $4,475 five years from now. If the going interest rate on 5-year treasury bonds is 4. 25%, the bond worth today is $2030.31.
What is treasury bond?Treasury bonds (T-bonds) are government debt securities with maturities longer than 20 years that are issued by the U.S. Federal government. T-bonds accrue interest at regular intervals until maturity, when they are paid in full to the owner.
Treasury bonds are a subset of the broader class of U.S. government debt known as treasuries, which are sometimes thought of as nearly risk-free because they are supported by the government's power to tax its citizens.
One of the four categories of debt that the U.S. Department of the Treasury issues to fund government spending is known as a Treasury Bond (or "T-Bond"). Treasury bills, Treasury notes, Treasury bonds, and Treasury Inflation-Protected Securities are the four categories of debt (TIPS). The maturities and coupon rates of these securities vary.
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At this time, the bond is valued $3,634.23.
A sum of money's present value is how much it is worth today.
What distinguishes present value from future value?The present value is the sum of money that must be invested in order to achieve a specific future goal.
Future value is the sum of money that, if the original investment is made, will increase over time.
To realize future value, you must invest the present value.
Given,
$4,475 Future Value
t = 5 years
Rate = 4.25%
Present Value Calculation =
The files listed below with an attachment include the formulas and calculations.
The present value is one of the essential concepts in valuation.
Simply said, figuring out the value of an amount that will be received in the future today is how to determine its present value.
Selecting the most profitable investments is made simpler by evaluating a variety of investment possibilities.
The bond's current value is therefore $3,634.23
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People must make choices among available options because people
(A) are irrational
(B) have limited wants
(C) have limited resources
(D) are not provided goods by the government
(E) do not receive positive benefits from consuming certain goods
Answer:
I Believe its E but im not sure...
Explanation:
Sorry if im wrong hope this helps!!
Subject: Accounting
PLEASEE DO ANSWER
13 On 1 April Mary had a bank overdraft of $1450. On 2 April she paid $250 cash into the bank and paid rent, $390, by cheque.
What is Mary's bank overdraft after the transactions on 2 April? Explain your answer.
A $810 B $1310 C $ 1590 D $2090
Answer:
C
Explanation:
Mary's account was negative $1450. she paid $250 in cash making her account negative $1200. when her cheque clears the bank she will be overdrawn $1590
-1450+250= (1200) -1200-390=($1590) over drawn
Discovering a treatment for lung cancer would most satisfy which of these personal benefits of work?
Answer:
4 ling cancer u have to have the right medicine
Louise is a 63-year old widow who has just retired. Louise owns her home, has no debt, and lives on Social Security payments, a pension, interest from her Certificates of Deposit, and a passbook savings account at a local bank. Two of her CDs are due to mature, and interest rates have dropped. Louise would like an investment that will provide more in monthly income than her CDs will at the new lower interest rate. She is concerned about meeting her expenses if her income drops, and she is risk averse. Her representative recommends ABC Equity Asset Allocation Fund to Louise. The fund has had outstanding performance over the past 3 years and is managed by a well-known money manager. Is the representative's recommendation suitable for this client
In Louise's case the fund will not meet the client's objective of monthly income
Louise, is a 63-year-old widow who recently retired, owns her home, has no debt, and relies on Social Security benefits, a pension, interest from her certificates of deposit, and a passbook savings account at a nearby bank to make ends meet. She is also a widow and lives alone. Interest rates have decreased, and two of her CDs are about to mature. Since she is risk-averse and worried about how she will pay her bills if her income decreases, Louise is seeking for an investment that would yield a higher monthly return than the new, lower interest rate on her CDs.
However, in her case, the fund won't generate enough money each month to achieve the client's goal. Monthly income is the client's declared investing goal. Since it is a growth fund, the asset allocation fund falls short of this goal. For this client, a low-risk income fund might be suitable.
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Based on the information provided, it does not appear that the representative's recommendation of the ABC Equity Asset Allocation Fund is suitable for Louise.
Louise is described as risk averse and concerned about meeting her expenses if her income drops. The ABC Equity Asset Allocation Fund is an equity fund, which means it invests primarily in stocks and therefore carries a higher level of risk than fixed-income investments like CDs. While the fund may have had outstanding performance over the past 3 years, past performance is not a guarantee of future results and there is no guarantee that the fund will continue to perform well in the future.
Given Louise's age, financial situation, and risk tolerance, it may be more appropriate for her to consider investments that are less risky and provide a more stable source of income. This could include investments such as high-quality bonds, annuities, or other fixed-income investments.
It's important for financial representatives to take into account a client's financial situation, risk tolerance, and investment goals when making investment recommendations. In this case, the representative's recommendation does not appear to be in line with Louise's needs and risk tolerance.
Therefore, it is recommended for Louise to invest in some more stable and less riskier places and not in the ABC Equity Asset Allocation Fund.
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One benefit of repeating the self improvement process is that you can ______.
a.
Pay lower fees to plan and maintain the new goal
b.
See everything with fresh eyes
c.
Use skills and information from previous goals
d.
Reduce the time spent improving at work
Please select the best answer from the choices provided
A
B
C
D
One benefit of repeating the self improvement process is that you can Use skills and information from previous goals. They can endeavour to the strengthen their areas of weakness and become better people.
Repetition of the self-improvement process improves previously acquired skills. They can employ those abilities to accomplish their present objectives. The person's abilities benefit improve as a result of their increased self-awareness. Personal qualities are acknowledged as soft talents that are challenging to teach (although not impossible). They are also referred to as "people skills" or interpersonal skills. Dependability, flexibility, drive, problem-solving, and analytical abilities are a few examples.
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Because it is typically too expensive and too time consuming, researchers often select a/n _____, a group of people that are representative of the larger population.
Researchers often select samples from a group of individuals that are representative of a larger population, as it is usually too expensive and time-consuming.
To be a representative sample, the sample group should be representative of the entire population. For example, if a researcher's interest group consists of 60% of her 18-25-year-olds and 40% of her 26-40-year-olds, the representative sample should also reflect this proportion.
A representative sample is a subset of a population that attempts to accurately reflect the characteristics of a larger group. For example, in a classroom of 30 students, 15 boys and 15 girls, you can create a representative sample of her 6 students, 3 boys, and 3 girls.
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Assume that a monopolist split into two large firms (Firm B and Firm C) with the same marginal cost as the monopolist.
Let qb = Firm B output
Let qc = Firm C output
where Q = qb + qc
MC = 15 + Q
Each firm's response to the other firm's output is as follows:
Firm B: qb = 13 - 2/5 qc
Firm C: qc = 13 - 2/5 qb
A. Calculate each firms output (i.e. qb and qc).
B. Calculate the market price
A. The output for each firm is to be calculated.We know that, the above equation, we getqc = 10Therefore, The market price needs to be calculated.
The total demand curve is given byP = 240 - QWhere, Q = qb + qcWe already know qc = qb = 10Substituting the values of qc and qb, we get Q = 20Therefore, the market price is given byP = 240 - Q= 240 - 20= 220Therefore, the market price is 220.
we getqb = 10Now, the market price can be calculated as follows:The total output is given byQ = qb + qc= 10 + 10= 20Therefore, the market price is given byP = 240 - Q= 240 - 20= 220Hence, the output for each firm is 10 units and the market price is 220.
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What precautions should you take when designing such tests? how can you ensure that your results are representative of your target population?
We will explain the precautions to design tests and how we can ensure that your results are representative of your target population.
Given the abundance of identical or very related tests available for circumstances that are comparable, it is crucial to pick the right test while conducting hypothesis tests. Therefore, choosing the right test is crucial. Additionally, it's crucial to verify all presumptions before doing the hypothesis test. The sample size ought to be sufficient. We would obtain biased results if the sample size was insufficient or tiny.
By employing a good random sampling technique for choosing the sample observations, we will make sure that our findings are representative of the population we were trying to reach. When sampling, any biases of any kind should be avoided. To learn more about a specific population, a chosen random sample should be a good representation of the population being studied. Additionally, the sample size should be sufficient given the size of the population. In many study contexts, the sample size is set at roughly 10% of the whole population.
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Critically discuss the key important factors and forces in the renewable energy general and industry environments that affect Canadian Solar Company choice of strategy. From your own perspective, what actions should your chosen company do to keep its competitive advantage alive? (850 words)
The renewable energy industry is influenced by various factors and forces that shape Canadian Solar Company's choice of strategy. Firstly, government policies and regulations play a crucial role.
Favorable policies such as renewable energy targets, feed-in tariffs, and tax incentives can provide incentives for Canadian Solar to expand its operations. The company should closely monitor regulatory changes and actively engage with policymakers to shape favorable policies.
Technological advancements are another important factor. Canadian Solar must stay at the forefront of innovation and invest in research and development to develop more efficient solar panels, energy storage solutions, and other renewable energy technologies. This will enable the company to offer cutting-edge products and maintain a competitive edge in the market.
Market demand is a significant consideration. Canadian Solar should assess the evolving energy needs and preferences of consumers and businesses. By understanding market trends and customer requirements, the company can tailor its product offerings and marketing strategies to meet the demand for renewable energy solutions effectively.
The competitive landscape is also critical. Canadian Solar needs to analyze its competitors' strengths and weaknesses, identify market gaps, and differentiate itself. The company should strive to develop a unique value proposition, such as offering high-quality products, competitive pricing, excellent customer service, or comprehensive project development capabilities.
Environmental concerns and sustainability are increasingly important factors in the renewable energy industry. Canadian Solar should prioritize sustainable practices throughout its value chain, from sourcing raw materials to manufacturing processes and end-of-life management. By adopting environmentally responsible practices and obtaining relevant certifications, the company can enhance its reputation and appeal to environmentally conscious customers.
To maintain its competitive advantage, Canadian Solar should take several actions. Firstly, it should continue to invest in research and development to drive innovation and bring new, advanced products to the market. This will allow the company to meet evolving customer needs and stay ahead of the competition.
Expanding its market presence globally is crucial for Canadian Solar. The company should identify new markets with favorable renewable energy policies and growing demand. By establishing local partnerships and subsidiaries, Canadian Solar can effectively penetrate these markets and leverage its expertise and experience.
Strategic partnerships can also be beneficial. Collaborating with other companies, research institutions, or governments can provide access to new technologies, markets, and resources. Partnerships can foster knowledge sharing, joint research projects, and mutually beneficial initiatives that enhance Canadian Solar's competitive position.
Enhancing manufacturing capabilities is vital for cost efficiency and scalability. Canadian Solar should invest in advanced manufacturing processes and automation technologies to optimize production and reduce costs. This will allow the company to offer competitive pricing while maintaining high-quality standards.
Lastly, Canadian Solar should prioritize sustainability and environmental responsibility. By continuously improving its environmental performance, implementing energy-efficient practices, and minimizing waste and emissions, the company can strengthen its brand reputation and appeal to environmentally conscious customers.
In conclusion, Canadian Solar's choice of strategy in the renewable energy industry is influenced by various factors and forces. To maintain its competitive advantage, the company should focus on innovation, global expansion, strategic partnerships, manufacturing efficiency, and sustainability. By adopting these measures, Canadian Solar can position itself as a leading player in the renewable energy market and drive its long-term success.
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We've Come a Long Way From Where We Began
Answer:
oh ill tell you all about it when i see you again
Explanation:
Question 1 of 10
The primary remedy for a tort is
A. monetary compensation
B. imprisonment
C. arrest
D. defamation
Answer:
A. monetary compensation
Explanation:
The main remedy against tortious loss is compensation in damages or money. In a limited range of cases, tort law will tolerate self-help, such as reasonable force to expel a trespasser. This is a defense against the tort of battery.
Hope this helped!!!!
9. Suppose the principal of a public school re-
quired all students to recite a prayer at the start
of each school day. What level of government
(federal, state, or local) would most likely deter-
mine whether or not the principal's action was
constitutional?
Answer: Federal government
Explanation:
Based on the scenario in the question, the federal government would most likely determine whether or not the principal's action was constitutional.
This is a national issue and shouldn't be left in the hands of the local or state government. It should be noted that in 1962, school sponsored prayer in the public schools was banned by the United States Supreme Court, on the basis that the First Amendment was being violated.
The court later ruled that students can meet and then pray on their respective school grounds so far it's done privately and no one is forced.
Hence, the federal government would most likely determine whether or not the principal's action was constitutional.
What is Sheil , ????
Answer:
1. a pasture or grazing ground. 2. a shepherd's or herdsman's hut or rough shelter on or near a grazing ground. Also: shealing, shiel.
Explanation:
whats a good website to create an anime blog
Best Blogging Sites: WordPress.org for complete control. WordPress.com makes it easy to get started. Ghost as a WordPress alternative. Wix makes it easy to create multiple blogs.
Blogger can use its own domain for free. Examples of blog posts include beauty product recommendations, travel and vacation reviews, and personal blog posts. Where does most of the money for cartoonists come from? Royalty payments for collected volumes or tank subscriptions are the biggest part of a cartoonist's money. In 2009, the average cartoonist (comics not published in jumps or magazines) paid for his It was estimated that he earned 2.8 million yen in royalties.
Anime animators are professionals who create specific genres of Japanese manga. Draw pictures by hand and use computer software to transform them into digital animations.
The possibilities for blogging are virtually endless. Adam Enfroy, who started blogging about blogging as a side business in 2019, just two years later made his $1.5 million from the blog.
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Answer:
Red-dit and In-stagram.
Don’t ask me why I have years of experience.
(｀_>´)ゞ
Today the right to peaceably assemble is equated with the right of free speech and with freedom of the press. These rights and freedoms became merged
a. when Congress passed a law doing so.
b. when the states amended the Constitution to do so.
c. when a new constitutional convention was held.
d. by precedent.
e. by practice.
Often, the theoretically correct, or rational, policy is not enacted because
a. administrators lack the discretion to adopt rational policies.
b. bureaucrats, as humans, behave irrationally.
c. administrative rules hinder consideration of all options.
d. the policy will result in too much job loss.
e. the 'right' policy is politically unacceptable.
The American Bar Association's role in screening candidates for the federal bench was defined by
a. national law.
b. custom.
c. the Constitution.
d. the Judiciary Act of 1946.
e. the Supreme Court.
For many years, when government turned its attention to a major problem, its usual approach was to
a. create a coalition of business and citizen groups.
b. assign the problem to an existing agency with a minimum of disruption of routine.
c. delay action until sufficient staff and resources became available.
d. create a new agency or bureau.
e. create a study of the problem.
Today the right to peaceably assemble is equated with the right of free speech and with freedom of the press. These rights and freedoms became merged when Congress passed a law doing so.
No law may be passed by Congress that establishes a certain religion, forbids its practice, limits press or speech freedom, or restricts the ability of the public to peacefully assemble and petition the government for redress of grievances. Unless a similar proposal is currently being examined in that chamber, if it is approved, it advances to the other chamber. If neither chamber approves it, the measure is dead. If a legislation receives the support of both the House and the Senate, it is sent to the President.
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do chip credit cards protect against online purchases
Answer:
Protecting Against Payment Card FraudExplanation:
The chips do nothing to protect against online payment card fraud, which depends on account numbers and passwords rather than the physical cards. As one security expert noted, computers and mobile devices don't have card readers attached.
Fill in the blank. An effective behavioral marketing and segmentation strategy is built on a foundation of good ________.
An effective behavioral marketing and segmentation strategy is built on a foundation of good data.
Behavioural marketing is the method by which companies usually target audience on the basis of their behaviour, interests, intentions, and other metrics using web analytics, cookies, search history etc.
Segmentation strategy is the strategy which organizes your customer or business base along demographic, geographic, psychological, behavioural lines or combination of them. It usually break the target audience into smaller, more manageable groups.
The above strategy can be built on foundation of good data for better analysis of target audience.
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HELP PLEASE:)
to get the most accurate savings figures, which item should you vary when you are comparing 2 loans from separate banks?
A. the APR should be different
B. the number of years it takes to pay it off
C. fixed and variable rates
D. nothing should be varied
I Think its answer C: Fixed and Variable rates
jason works at a bottling plant for a soft drink company. he is part of a labor union, along with his co-workers. after the plant's management and the labor union fail to agree on contract terms, the union uses picketing and advertising to ask its members and the public not to buy the company's products. this scenario best describes
This scenario best describes as Boycott.
A boycott is an act of nonviolent, voluntary abstention from a product, individual, organization, or u . S . As an expression of protest. It's also for ethical, social, political, or environmental reasons. The purpose of a boycott is to inflict a few economic loss at the goal, or to suggest a ethical outrage, to attempt to compel the goal to alter an objectionable behavior. The phrase is named after Captain Charles Boycott, agent of an absentee landlord in eire, against whom the method became efficiently hired after a suggestion with the aid of Irish nationalist chief Charles Stewart Parnell and his Irish Land League in 1880.
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Write three separate paragraphs on the types of technical writing used in a workplace
Write one paragraph in the first person point of view
Write one paragraph in the second person point of view
Write one paragraph in the third person point of view
Technical writing is a type of writing that deals with technical and specialized information about a particular subject. Technical writers use various types of technical writing in the workplace.
These types of technical writing include manuals, reports, and proposals.
They use the first, second, or third-person point of view depending on the purpose of the document.
First-Person Point of View
In my experience, I have found that user manuals are the most common type of technical writing used in the workplace.
As a technical writer, I find it challenging to write user manuals that are easy to understand and informative at the same time.
I have learned to use a simple writing style, and I include illustrations, diagrams, and photographs to make the manual more appealing to the user.
Second-Person Point of View
You will find that technical reports are the most common type of technical writing used in the workplace. As a technical writer, you must ensure that the report is accurate and well-organized.
You should begin with a clear introduction and include relevant data and facts to support your conclusions.
The report should be concise and easy to read. Use headings and subheadings to make it easier to follow.
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A student will decide to attend class when
A. The Marginal Cost in low
B. The Marginal Benefit of attending exceeds the marginal cost of attending
C. There is an attendance policy
D. The Marginal Benefit is positive
A student will decide to attend class when there is an attendance policy. Thus, option (c) is correct.
What is policy?The term policy refers to are the rules are the described in the details are the mention. The policy are the making follow to the country and the employees of the company. The policy are the making the company of the solving the issues.
A student was the decided to regularly attend lectures or classes was the main motive to fulfill the attendance policy. The attendance was the necessary to appear in the exam. An attendance was the help to gain good marks in the exams. An attendance policy was the best policy.
As a result, the student will decide to attend class when there is an attendance policy. Therefore, option (c) is correct.
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The prosecutor replies that the Bill of Rights does not protect you from state actions. Is the prosecutor correct? Why or why not
Answer:
I would say no, because the bill of rights refers to ALL Americans. I might be wrong tho.
If the price of a pencil is $1.00 and the price of a pen is $2.00, what is the relative price? If the pencil
is $1.50 and the pen is $3.002 If the pencil is $2.00 and the pen is $3.00?
If the price of a pencil is $1.00 and the price of a pen is $2.00. 3 dollars will be the relative price.
$1 + $2 = $3
A price relative is the ratio of the charge of a selected product in a single period to the rate of the identical product in a few different period. In buying power parity (PPP) comparisons a rate relative refers to the ratios of the equal product in two international locations.
The nominal price of a great is its value in phrases of cash, including bucks, French francs, or yen. The relative or actual rate is its fee in terms of some other suitable, carrier, or package of goods.
Relative-price movements convey critical facts approximately the scarcity of specific items and offerings. A growing relative charge suggests that call for is outstripping deliver (or that supply is falling at the back of call for), while a falling relative price denotes just the other.
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