a hog meat producer expands its facilities and finds it is able to slaughter a greater number of hogs at a lower long-run average total cost per pound of hog meat. what economic concept does this describe?

Answers

Answer 1

In the last 15 years, the structure of swine production in the United States has changed, as seen by the growing scale and specialisation of hog operations.

What is economic explain?

Economic still refers to the study of scarcity and how it impacts the utilisation of resources, the production of goods and services, the rise in production and welfare through time, as well as a diverse variety of other complex issues that are very important to society.

What is economic explain?

Economics remains the study of scarcity and how it impacts the utilisation of resources, the production of goods and services, the rise in production and welfare through time, as well as a large variety of other complex issues that are very significant to society.

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Related Questions

In circumstances in which there is a labor union, employees may have to

A. allow another person to negotiate their salary
B. increase production to reduce employer costs
C. learn new skills or face unemployment
D. relocate to find work that fits their skills

Answers

Answer:

The answer is A. allow another person to negotiate their salary.

Explanation:

Answer:

A

Explanation:

Just took the test

The Food and Drug Administration sets standards for
O advertising.
O product labeling.
O the environment.
O traffic safety.

Answers

Answer:

B. Product Labeling

Explanation:

From quizlet

The Food and Drug Administration sets standards for  product labeling.

What is product labeling?

Product labeling is the details information of what a products entails and this is often writing on the product.

Product labeling is an important standards set by  Food and Drug Administration as this help the consumer to be know the following:

The product ingredientHow healthy or unhealthy the product are etc

Inconclusion the Food and Drug Administration sets standards for  product labeling.

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Which of the following statements is FALSE regarding possible problems in developing decision models?
a. It is difficult to develop a model that is not understandable.
b. Assumptions are made when developing solutions.
c. Accounting data is not always conducive as input data.
d. The limitation of only one answer when developing a solution e. The validity of the data being used as input data

Answers

The statement that is FALSE regarding possible problems in developing decision models is:

d. The limitation of only one answer when developing a solution.

Decision models often involve multiple factors, variables, and scenarios. They are designed to analyze different options and potential outcomes to support decision-making. Therefore, decision models do not necessarily have a limitation of providing only one answer.

In fact, one of the benefits of decision modeling is that it allows for the exploration and evaluation of various alternatives and their potential consequences. Decision models can incorporate multiple scenarios, sensitivity analyses, and optimization techniques to provide a range of possible solutions or recommendations.

So, option d is the false statement as decision models do not have a limitation of providing only one answer when developing a solution.

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This table gives the foreign elasticity of supply for several types of U.S. steel imports.
(Table: Export Supply Elasticities) According to the table, the United States can be considered a "small-country" importer of which of the following steel products?
A. steel bars and rods
B. steel flat-rolled products
C. steel tubes and pipes
D. alloy steel

Answers

The United States can be considered a "small-country" importer of steel bars and rods and alloy steel. Options A and D are correct. It is important to note that a detailed explanation of the concept of elasticity of supply and its relevance to the given table would provide a more comprehensive answer.

Based on the information provided in the table, a "small-country" importer is one whose imports have a low elasticity of supply. In other words, the quantity supplied by foreign producers does not increase much in response to an increase in the price paid by the importer. Looking at the table, we can see that steel bars and rods have the lowest elasticity of supply at 0.05, followed by alloy steel at 0.10. Therefore, the

A small-country importer is a country that imports a product without significantly affecting the world price of that product, due to its relatively small market share. When the foreign elasticity of supply is high, it means that foreign suppliers are willing and able to adjust their production and supply of the product in response to changes in the world price. In this case, the United States can be considered a small-country importer, as its imports don't significantly impact the world price.

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The value-percept theory utilizes three critical psychological states to measure job satisfaction. Indicate whether this statement is true or false.

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The statement is true. The value-percept theory of job satisfaction, developed by Timothy A. Judge and colleagues, posits that there are five critical job facets that influence overall job satisfaction: pay satisfaction, promotion satisfaction, coworker satisfaction, supervision satisfaction, and satisfaction with the work itself. These facets are considered to be value-based perceptions that individuals form regarding their jobs.

The statement is true. The value-percept theory, also known as the Job Characteristics Model, does indeed utilize three critical psychological states to measure job satisfaction. These states are:

Meaningfulness of Work: This refers to the extent to which individuals perceive their work as meaningful and significant. It is influenced by factors such as the importance of the work and the impact it has on others.

Responsibility for Outcomes: This state relates to the degree of autonomy and control individuals have over their work and the outcomes they produce. It encompasses factors such as decision-making authority and the ability to influence results.

Knowledge of Results: This state pertains to the feedback individuals receive about their performance and the extent to which they are aware of the outcomes of their efforts. It involves elements like performance feedback and the clarity of information regarding job performance.

By assessing these three psychological states, the value-percept theory aims to understand and predict an individual's job satisfaction.

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The comprehensive employment and training act of 1973 provides ______ for training unemployed workers

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The Comprehensive Employment and Training Act (CETA) of 1973 provides funding for training unemployed workers.

CETA was a government job training programme in the United States that attempted to reduce unemployment and poverty by providing disadvantaged and unemployed individuals with job training and employment prospects.

The act offered financing to state and local governments, as well as private groups, to develop and administer job training programmes for people who face employment hurdles such as a lack of education, job skills, or prejudice. CETA-funded initiatives included on-the-job training, vocational education, and work experience.

CETA was replaced by the Job Training Partnership Act (JTPA) in 1982, which continued to provide funding for job training programs but with a greater emphasis on private sector involvement.

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ou work for a company that manufactures food products. A new "wonder food" contains only carbon, oxygen, and hydrogen. At this point, your research can say with certainty that the food ______.

Answers

Answer: B)does not include proteins or nucleic acids.

Explanation:

Carbon, oxygen, and hydrogen are very important elements in the production of various compounds that result in food for the human race and perhaps the most popular of those is carbohydrates.

They are also important in the formation of Proteins and nucleic acids. In these two however, the aforementioned elements need another element to form them. That element would be Nitrogen. As this new wonder food is lacking in nitrogen it can be confidently said that it does not include any proteins or nucleic acids.

Global Petroleum negotiated a deal with Saudi Arabia in which Global Petroleum would build several refineries in Saudi Arabia and receive oil as partial payment over a 20-year period. This is an example of

Answers

Considering the situation described above, when Global Petroleum negotiated a deal with Saudi Arabia, this is an example of Bartering.

What is a Bartering?

Bartering is a transaction agreement whereby both parties agree to pay with goods or services without using money.

Therefore, in this situation, when Global Petroleum negotiated with Saudi Arabia to receive oil as partial payment over 20 years. This is an example of Bartering.

Hence, in this case, it is concluded that the correct answer is Bartering.

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We've Come a Long Way From Where We Began

Answers

Answer:

oh ill tell you all about it when i see you again

Explanation:

griff llc purchased an office building and land during the current year for $500,000. the purchase price was allocated as follows: $350,000 to the building and $150,000 to the land. the property was placed in service on august 22. calculate griff's maximum depreciation.

Answers

Griff LLC's maximum depreciation for the office building and land is determined by the Modified Accelerated Cost Recovery System (MACRS) method for tax purposes.

Explanation: Under MACRS, the office building is classified as nonresidential real property, which falls under the General Depreciation System (GDS). The recovery period for nonresidential real property is 39 years. However, since the property was placed in service on August 22, only a partial year of depreciation can be claimed in the first year.

To calculate the maximum depreciation, we need to determine the applicable depreciation method and convention. For nonresidential real property under GDS, the depreciation method is the straight-line method, and the mid-month convention is used when the property is placed in service during a month.

Since the office building was placed in service on August 22, it is considered to have been placed in service in the midpoint of the month. Thus, the mid-month convention applies. The remaining months in the year would be 4 (September, October, November, December).

To calculate the maximum depreciation, we use the following formula:
Maximum Depreciation = (Cost Basis - Land Value) / Recovery Period

Using the given information:
Maximum Depreciation = ($350,000 - $150,000) / 39 years * 4/12 months
Maximum Depreciation = $200,000 / 39 * 4/12
Maximum Depreciation = $8000

Conclusion: Griff LLC's maximum depreciation for the office building and land is $8,000 for the current year. This amount represents the maximum depreciation allowable based on the given information, depreciation method (straight-line), and convention (mid-month). It's important to consult with a tax professional or accountant for accurate and specific advice regarding depreciation calculations for your individual tax situation

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Businesses get paid for the value it delivers through its business model. True or False?

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True. Businesses get paid for the value they deliver through their business model.

The business model is the blueprint that outlines how a company creates, delivers, and captures value. It defines how a business generates revenue by providing products or services that fulfill customer needs and solve their problems. When a business effectively delivers value to its customers, it can charge a price that reflects that value. This allows the business to generate revenue and sustain its operations.

In conclusion, businesses do get paid for the value they deliver through their business model.

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For quantities occurring before the marginal cost curve and average total cost curve intersect, the average total cost curve will be:_______

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The marginal cost curve cuts the average cost curve only at its minimum point because it is only here that MC = AC.

The marginal cost, or price of producing more, is the variation in total cost that results from increasing the quantity produced in economics. It can refer to an increase of one unit of output in some settings and to the rate of change of total cost as output increases by a tiny amount in others.

The marginal cost is the slope of the total cost or the rate at which it rises with output, to be measured in dollars per unit while total cost is shown to be in dollars. The difference between average cost, which is the entire cost divided by the number of units produced, and marginal cost is the latter.

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4. Identify three factors that can lead to conflict in a hospitality environment

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Conflicts in hospitality environments can arise due to various factors, but some common factors include communication breakdowns, personality clashes, and workload imbalances.

Poor communication can lead to misunderstandings between staff members and with customers, which can result in conflicts. Personality clashes can arise when different personalities or work styles do not mesh well together, leading to friction and tension among employees. Workload imbalances can lead to feelings of resentment and unfairness, especially if some employees feel like they are doing more work than others without proper recognition or compensation.

Hospitality environments require effective communication, collaboration, and a positive work culture to prevent and address conflicts in a timely and respectful manner.

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Which are among Washington’s top five manufacturing export industries? Select three options.

[] aerospace.

[] automobiles.

[] petroleum oils.

[] ultrasonic scanning apparatus.

[] textiles and clothing.

Answers

Answer:

aerospace like boeing

computers like microsoft

chemical like dow

ultrasonic scanning apparatus like fujifilm

textiles like filson

chatgpt

military bases are VERY important to local economies because they hire a lot of people & because of that are a lot of business serve them like restaurants

Washington state bases

Joint Base Lewis-McChord

Naval Base Kitsap

Fairchild Air Force Base

Yakima Training Center

Coast Guard Sector Puget Sound

When do you think is the first point where you will first need to get life insurance?

Answers

1.You need to get life insurance when someone depends on your income.
2. Age so for retirement reasons
3.Health conditions
4.your partner or you is about to give birth or has a newborn

To offset taxable income in a given year, ordinary corporate operating losses can be:_______

Answers

Ordinary losses equal ordinary gains in a one-to-one ratio. A capital loss may not exceed $3,000 in total and may only be used to offset a capital gain. It is necessary to carry over the remaining capital loss to a subsequent year.

If you have gross losses to offset any taxable capital gains, you can lower their value in any amount. For instance, if you have a $16,000 gain and a $20,000 loss, you can deduct the maximum $3,000 from your taxes this year and the remaining $1,000 in a subsequent year.

According to a general guideline for corporation tax planning, businesses prefer to have both ordinary losses and capital gains income because the former can be used to offset the latter.

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Suppose a monopolist is able to charge each customer a price equal to that customer’s willingness-to-pay for the product. Then the monopolist is engaging inQuestion options:1) arbitrage pricing.2) voodoo economics.3) perfect price discrimination.4) marginal cost pricing

Answers

The monopolist is engaging in perfect price discrimination.

This occurs when the monopolist charges each customer a price equal to their willingness-to-pay, maximizing their profits by extracting the maximum amount of consumer surplus.

It is different from marginal cost pricing, where the monopolist sets the price equal to their marginal cost, resulting in a lower price and quantity sold. Arbitrage pricing and voodoo economics are not related to this scenario.

This is different from marginal cost pricing, where a monopolist sets the price equal to their marginal cost. This results in a lower price and quantity sold compared to perfect price discrimination, as the monopolist is not able to charge different prices to different customers based on their willingness to pay.

In this scenario, the monopolist's profits are lower as they are not able to capture all of the consumer surplus.

Arbitrage pricing refers to the practice of buying a product in one market at a lower price and selling it in another market at a higher price to make a profit. This is not related to perfect price discrimination, as the monopolist is not allowing for any price differences that could be exploited by arbitrageurs.

Voodoo economics is a term used to describe economic theories or policies that are considered by some to be unrealistic or unfounded. It is not related to perfect price discrimination, which is a well-established economic concept.

In summary, perfect price discrimination occurs when a monopolist charges each customer a price equal to their willingness-to-pay, allowing them to extract all of the consumer surplus and maximize their profits. This is different from marginal cost pricing, and is not related to arbitrage pricing or voodoo economics.

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The practice of dividing the money a person invests between several different types of investments in order to lower risk is called​

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Answer: The practice of dividing the money a person invests between several different types of investment in the order of lower risk is called Diversification.

Diversification is based on the principle that Risk and return are directly proportional to each other.

Hence say Stock A gives a Greater return then it will also have a greater risk.

Therefore to Hedge the Businessmen from constantly changing market conditions and to guarantee a nearly fixed return Diversification is used.

In diversification, investment is done in combination with high and low-risk stocks as per the risk-taking capabilities of the investor.

The investor who is a  Risk Taker invests a High Amount in High-risk stocks and similarly the investor who is Risk Averse invest a high Amount in Low-Risk Stock.

Diversification helps the investor to maintain his return and risk

according to his plans.

Explanation: Diversification is based on the principle that Risk and return are directly proportional to each other.

Hence say Stock A gives a Greater return then it will also have a greater risk.

Therefore to Hedge the Businessmen from constantly changing market conditions and to guarantee a nearly fixed return Diversification is used.

In diversification, investment is done in combination with high and low-risk stocks as per the risk-taking capabilities of the investor.

The investor who is a  Risk Taker invests a High Amount in High-risk stocks and similarly the investor who is Risk Averse invest a high Amount in Low-Risk Stock.

Diversification helps the investor to maintain his return and risk

according to his plans.

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under the direct write-off method of accounting for uncollectible accounts, bad debts expense is debited

Answers

Bad Debts Expense is debited  when an account is determined to be uncollectible under the direct write-off method of accounting for uncollectible accounts,

Bad Debts Expense refers to the portion of  account receivables that a firm has assumes not be recoverable from the debtor.

In conclusion, the Bad Debts Expense is debited  when an account is determined to be uncollectible under the direct write-off method of accounting for uncollectible accounts,

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A variable can be called or referenced before it has been defined.
O True
O False

Answers

Answer:

True.

Explanation:

The most common time frame individuals use when developing a budget is _____. A) Yearly B) Monthly C) Daily D) Weeklyeco​

Answers

Answer:

Monthly

Explanation:

because some threats, such as insider fraud, are more likely to occur than others, step 3 of the risk assessment process is to _____.

Answers

The answer is assess the frequency of events or the likelihood of each potential threat, because some threats, such as insider fraud, are more likely to occur than others, step 3 of the risk assessment process is to assess the frequency of events or the likelihood of each potential threat.

A straightforward definition of risk assessment

A risk assessment is the procedure used to determine which dangers are present or could emerge in the workplace, how they may cause harm, and what steps should be taken to minimize harm.

What does risk assessment aim to achieve?

In order to reduce the amount of risk associated with a hazard, appropriate control measures must be included after the hazard has been evaluated. You have produced a safer and healthier workplace by doing this.

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Workplace diversity describes differences among workers in any of the following areas:
attitude
education
ethnicity
industry

Answers

Answer:

industry because here based the all the business in whole world

PLEASE HELP FAST!!! What is the MOST likely reason that lottery winners often end up with serious financial problems?
They make financial decisions that are not based on their emotions.
They become victims of fraud by those looking to take advantage of the wealthy.
They think over their financial decisions too thoroughly.
The weigh their long- and short-term financial goals before making any decisions.

Answers

Answer:

They become victims of fraud by those looking to take advantage of the wealthy.

Explanation:

The most likely reason that lottery winners often end up with serious financial problems is: “They become victims of fraud by those looking to take advantage of the wealthy.” Hence, Option B is correct.

What does financial problems mean?

Financial difficulty is the inability to make either short-term or long-term debt payments. Debt makes managing money more difficult and reduces one's purchasing power.

Up until all obligations are paid, financial issues become a source of worry. It is necessary to find a solution so that debts can be paid back. Students frequently struggle to pay their bills and afford their education, and many of them have poor incomes, limited financial literacy, and many more.

Families are vulnerable to the destructive effects of economic hardship and financial turmoil. Many families lose their houses, automobiles, retirement accounts, valuables, money, health insurance, and other things during hard economic times.

Therefore, Option B is correct.

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How will you determine which bank you will choose when you are ready to open a checking and savings account?.

Answers

Incentives within the type of earned  interest or rewards could also be a key thought for selecting a bank account. Fixed charge checking accounts pay interest to the account holder, kind of like however interest is earned  on a bank account.

The bank you select ought to meet your desires. If you’re entrepreneurial, you’ll desire a bank that may offer support as you build a business. If you’re making an attempt to save lots of more cash, explore for a bank that provides options to assist you reach your goals. Some banks, for instance, allow you to open and name separate savings accounts.

But you must choose ones that best fit your desires and supply a number of advantages. make certain to not compromise on the protection of your hard-earned cash, and so do thorough background checks before you park your hard-earning cash.

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if a food service worker follows directions how long does i take to was her hand

Answers

Answer:

30 seconds i think

Explanation:

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the catalyst for the market revolution was a series of innovations in

Answers

The innovation of Transportation and Communication act as catalyst for Market Revolution in the 18th Century.

The term "Market Revolution" describes a fundamental transformation to the U.S. economy in the 18th and 19th Century as a result of widespread mechanization of industry and the expansion of various domestic and foreign economic markets.

The revolution brought about an explosive economic growth and new personal wealth in the country.

The impact of the transportation and communication industry brought about the increased improvement in Market Revolution because its speed and lowered the expense of commerce during the period.

Therefore, in conclusion, the Transportation and Communication are the catalyst for the Market Revolution.

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1. What product/ service do you want to offer or manufacture? Why?
2. How are you going to advertise your product/service?
3. What made you choose the current location of your business?

Answers

Answer:

1. What product/ service do you want to offer or manufacture? Why?

The service would be a data analytics service. The reason is that data science and data analytics have become more and more important for companies in recent years, and there is a growing market for this kind of services.

2. How are you going to advertise your product/service?

This is a specialized service so hopefully word of mouth, and networking would be the main advertising networks. Besides that, some advertising in social media would be helpful.

3. What made you choose the current location of your business?

Because data analytics is a very digitalized job, the location of the business could be almost anywhere. Relatively low taxation, an educated workforce, and good business environment would be the main factors in deciding the location of the business.

common lit capataliasmn-Which phrase best describes the relarionship between workers and bussiness owners in capatalists cociety

Answers

Answer:

In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.

Explanation:


Name the one sport in which neither the spectators nor the participants know the score or
the leader until the contest ends.

Answers

Answer:

Boxing

Explanation:

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Which of the following statements best describes an effective approach to diverse cultural food practices in the early childhood setting?A)Teachers should follow appropriate nutritional guidelines without regard to cultural practices.B)Teachers must respect and participate in cultural feeding practices no matter what.C)Teachers must ensure nutritional quality while honoring culture as much as possible.D)Teachers should adhere to the cultural practices of the majority group in the class. What is the difference between the focal point and framing? in crisis management situations, it is most likely that an organization will interact with state agencies more frequently than with federal agencies. a. true b. false What examples of weathering and erosion do you see in your community? Which erosion control devices exist, or which devices would be helpful to put in place? The most important way in which the Greeks influenced American democracy was by allowingOcity-states to follow their own form of government.Ocitizens to participate in government.elected representatives to make all decisions.Ostrong leaders to make all decisions. Find the equation of the line. Use exact numbers.y = ?x + ? 120n + 160,500 when n = 9 Walking is not the most exciting form of exercise a person can take on for fitness. Yet it is low impact and requires no fancy equipment. That makes walking a simpleactivity for those new to exercise. Walking is less likely than other exercises to cause injury to leg tendons and muscles. All it requires is a good pair of sneakers-nocables, stylish outfits, or weights required of course, a person could increase the benefit of a workout by adding weights or speed walking.Identify the main idea of this paragraph.Walking is a difficult andexercise for beginnersO Walking is an easy and safe exercise for beginners.O Walking is a boring and dangerous form of exercise.O Walking is an exciting and very effective form of exercise What is the importance of having the US Forest Service, the Bureau of Land Management, the US Fish and Wildlife Service, and the National Park Service?to manage land resources for conservation and the development of natural resourcesto manage land resources for conservation and the development of urban areasto preserve historical landmarks and manage the development of urban areasto preserve historical landmarks and manage the development of rural areas You have been assigned to write an essay about whether firearm possession works to deter crime. Which of these would be relevant to your research on this topic? A) a statement made by an advocate for gun control B) a statement made by an advocate for gun ownership C) a statistical study on cases of successful self-defense against crime D) a transcript of various "people in the street" interviews on gun-related matters Here is a graph of a system of equations. Graph of two intersecting lines.Write the equations for the lines shown: black line blue line What is the solution to this system of equations? can someone please help me with this. Ms. Williams counted students by eye color. The table shows how many students had each eye color.Brown 21Blue 6Green 3Write a ratio to compare green eyes to brown eyes. 21:30 1:7 1 over 2 21 to 3 Find the value of x that makes A }}B Suggest four ways in which you can address the identified socioeconomic factors in order to achieve your goals. How many liters of a normal saline (0.9% NaCl) solution will contain 18 grams of NaCl? A 4-cylinder engine with 543 Cubic Centimeters volume per cylinder has what approximate displacement? 74 students choose to attend one of three after school activities: football, tennis or running. There are 49 boys. 16 students choose football, of which 6 are girls. 28 students choose tennis. 8 girls choose running. A student is selected at random. What is the probability this student chose running? Give your answer in its simplest form Which of the equalities is also an identity?Equality A: a2 + 6a + 7 = 16Equality B : a2 + 2ab + b2 = (a + b)2Equality c = a2 - b2 = (a+b) (a -b) 1 In alene triangle ABC shown in the diagram below. mZC = 90 Do B