Bestie toys can achieve a competitive advantage as a cost-leader by having a cumulative output that is greater than Playtime Inc.'s. Therefore, option (C) is the correct answer.
Cost leadership is a tactic used by businesses to boost productivity and lower production costs below the sector average or those of their main rivals.
In an endeavour to increase market share, it is a technique for lowering costs and producing the least priced items in a market or sector. Consumers today operate in a highly complicated and sophisticated commercial environment where they are aware of their options. Competitive pricing is one method through which businesses set themselves apart. Businesses with the lowest production costs are able to sell their products for significantly less than their rivals while maintaining a similar level of product quality.
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Complete question:
Bestie Toys faces stiff competition from fungadgets inc., a rival firm with which bestie toys has achieved differentiation parity. both firms have invested in state-of-the art production facilities and have similar learning curves of 85 percent. assuming neither firm can reduce the cost of its input factors, how can bestie toys achieve a competitive advantage as a cost-leader?
A) Reduce the manufacturing staff by half to save on labor costs
B) Increase spending on product features
C) Have a cumulative output that is greater than Playtime Inc.'s
D) Eliminate several features that customers value to cut costs.
gugenheim, inc., has a bond outstanding with a coupon rate of 6.5 percent and annual payments. the yield to maturity is 7.7 percent and the bond matures in 21 years. what is the market price if the bond has a par value of $2,000? group of answer choices $1,752.09 $1,789.03 $1,753.96 $1,758.97 $1,756.65
The bond has a par value Price of bond=$1,753.96.
What is bond maturity?
One of a bond's most crucial qualities is its level of maturity. It is a situation when the investor is given the opportunity to get compensated financially for the risks involved in buying bonds. The issuer must return the bond's nominal amount on the maturity date.
The issuer returns the bond's nominal value to the holder on a specific date in the future. Bonds that mature in the next one to thirty years can currently be sold on open markets. Bond issues are unique documents that must include information about bondholder rights and maturity dates.
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A horologist (watchmaker) is typically able to service a mechanical watch in about 120 minutes (exponential distribution). Assuming an 8 hour work-day, the watchmaker averages 3 customers arriving at his shop every day following a poisson distribution. The watchmaker just purchased a new machine that will polish the dial and crystal reducing his service time by 20 minutes per watch. How much will the line for a watch waiting to be serviced be reduced by the watchmaker using this new machine, assuming no increase in customer demand? 2.25 watches waiting for service O The number waiting to be serviced will be reduced by about 1.2 watches O The number waiting to be serviced will be reduced by about 0.4 watches O The number waiting to be serviced will be reduced by about 1.45 watches
The number waiting to be serviced will be reduced by about 1.2 watches.
To determine the reduction in the number of watches waiting to be serviced, we need to calculate the difference in service time before and after the purchase of the new machine.
Before the purchase, the watchmaker took approximately 120 minutes to service a watch. With an 8-hour workday, the watchmaker had 8 hours * 60 minutes/hour = 480 minutes available for servicing watches. Since the service time follows an exponential distribution, the watchmaker was able to service on average 480 minutes / 120 minutes = 4 watches per day.
After the purchase of the new machine, the service time is reduced by 20 minutes per watch. Therefore, the new service time is 120 minutes - 20 minutes = 100 minutes. With the same 8-hour workday, the watchmaker can now service 480 minutes / 100 minutes = 4.8 watches per day.
To calculate the reduction in the number of watches waiting to be serviced, we subtract the new service rate from the previous service rate: 4 watches - 4.8 watches = -0.8 watches.
However, the number of watches waiting to be serviced cannot be negative, so we take the absolute value, which is approximately 0.8 watches. Rounded to one decimal place, the reduction is about 0.8 watches, which is approximately 1.2 watches (since you cannot have a fraction of a watch waiting).
Therefore, the number waiting to be serviced will be reduced by about 1.2 watches.
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The Invariance Principle predicts that the distribution of talent - and hence competitive balance - will be no different under free agency than it was when players were bound to teams. The above statement is true. The above statement is false.
The Invariance Principle states that the distribution of talent and competitive balance in sports will remain the same regardless of whether players are bound to teams or have the freedom to move through free agency.
This statement is true. The principle suggests that even when players have the option to change teams through free agency, the overall distribution of talent among teams will not significantly change. 1. The Invariance Principle is based on the idea that talent distributed unevenly among players in any given sport. Some players are highly skilled and talented, while others may have less skill or talent. 2. When players were bound to teams, their movement between teams was restricted, and teams had more control over the players they had on their roster. However, the Invariance Principle suggests that this restriction does not significantly impact the overall distribution of talent among teams.M3. Under free agency, players have the freedom to choose which team they want to play for. This gives them the opportunity to negotiate contracts and potentially join teams that offer better financial incentives or a better chance of winning championships.
4. Despite this freedom of movement, the Invariance Principle argues that the overall distribution of talent will not change significantly. This means that even with free agency, some teams will still have highly talented players, while others may have less talented players.5. The Invariance Principle also suggests that competitive balance, which refers to the level of competition and parity among teams in a league, will not be significantly affected by free agency. This means that even with players having the option to change teams, the overall competition in the league will remain relatively balanced. In summary, the Invariance Principle states that the distribution of talent and competitive balance will be similar whether players are bound to teams or have the freedom to move through free agency.
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When lily does a self-inventory, she lists her knowledge of excel, her proficiency in bookkeeping, and her training in customer service. these go under the category of:__________
When lily does a self-inventory, she lists her knowledge of excel, her proficiency in bookkeeping, and her training in customer service. these go under the category of Abilities.
What is Resume?To list their qualifications for a post, job applicants must generate a formal document called a resume. A customized cover letter that is submitted with a resume usually expresses interest in a particular job or company and draws attention to the CV's most significant information. You must send a resume if you're applying for a job with an organization that accepts more than just standard, handwritten application forms. Employers who seek for resumes make this clear in their job advertisements; those who don't ask for resumes will point you toward an application.Learn more about the Resume with the help of the given link:
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what happens to consumer and business spending when the interest rates go up?
Answer:
When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop.
FILL THE BLANK.
in order to lift a book from a table, your ______must contract, to put the book back down, the ______must contract.
In order to lift a book from a table, your muscles must contract, to put the book back down, the muscles must contract.
To lift a book from a table, the muscles in your body must contract. Muscles are responsible for generating the force needed to move and manipulate objects. When you decide to lift the book, your brain sends signals to the relevant muscles, triggering their contraction.
The contraction of muscles generates tension, which allows them to exert force and move the book upward. This contraction is a result of the interaction between actin and myosin filaments within the muscle fibers, causing them to slide past each other and shorten.
On the other hand, to put the book back down, the muscles must also contract. However, in this case, the contraction occurs in a different set of muscles.
The muscles that were initially contracted to lift the book now relax or undergo an eccentric contraction to control the movement and slowly lower the book back onto the table. This controlled contraction helps regulate the descent of the book, preventing it from dropping abruptly.
In summary, both lifting and lowering a book involve muscle contractions. The specific muscles involved and the type of contraction (concentric or eccentric) vary depending on the movement and direction of force application.
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Think about the sample you just read. Sort the details depending on whether they are suitable for a younger or older
audience.
defining "litter"
energy-saving goods to buy
statistics about pollution
start an environment club
scientific experts' views
fuel-efficient car facts
how to recycle
Details for a Younger Audience
interviews with kids
Details for an Older Audience
Facts about fuel-efficient vehicles, scientific theories, and suggestions for energy-saving items For a younger audience, creating an environment club, interviewing kids, recycling, and statistics are appropriate.
Why is it vital to consider the target audience's age?You can reach more people in a certain age group by using age demographics. A certain age group may share cultural experiences, values, or attitudes that might help you relate to your target audience. These concepts can be used to demonstrate how your good or service matches their requirements and way of life.
What are the four most important methods for determining a target audience?When launching a business, a product, or a service from your current firm, identifying your core target audience is essential.
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Answer:Details for younger- interviewing with kids, how to recycle, start an environment club, defining “litter”
Older Audience-scientific experts’ views, energy-saving goods to buy,statistics about pollution, fuel-efficient car facts.
Explanation: I took it on edge 2023
Finding a job that matches your skills and interests, and finding a job that has a positive job outlook are both important things to consider when selecting a career. Which do you think is more important? Why?
<< Read Less
Answer: Finding a job that matches your skill and interest.
Explanation:
This is very important and it majorly one of the key things to consider when applying for jobs. Sometimes, desperation makes people take any job without thinking if they like the job or not and this is bad as it will hinder the success of such person in the firm.
A typical example of this is applying for a job that requires proficiency in microsoft office packages and you literally have no knowledge but you only applied considering the Positive outlook of the firm, they are no two ways about this, you'd perform woefully if being asked simply because you don't possess the skill.
Finding a job that matches your skills and interest tends to make the job more enjoyable as you will be more motivated to keep the job and will find great pleasure in carrying out the task given. It also aids your career development as well, according to the saying practice makes perfect, doing what you love will continually help you to grow and develop yourself in your chosen field.
Please respond what does the mob gathered at central h.s say about these that were part of it as well as about the state of the u.s when it comes to the willingness to tolerate equal rights for all u.s citizens?
The mob gathered at Central H.S. reflects the sentiments of those who participated in it, as well as the state of the U.S. regarding the willingness to tolerate equal rights for all U.S. citizens.
The specific details about what the mob gathered at Central H.S. says about those involved and the state of the U.S. are not provided in the question. Without additional information or context, it is not possible to give a precise answer regarding the sentiments expressed by the mob or the state of the U.S. concerning equal rights. The question seems to be seeking an analysis of the mob's beliefs and the broader societal context, but without specific details, it is not possible to provide a more detailed response.
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Considering the demand for auditing services, which of the following involves "Focusing on employees doing a good job, since someone will be "looking over their shoulder".
a. Justice theory
b. Motivational theory
c. Needs of Investors and Creditors theory d. Principal-Agent theory
Motivational theory involves "Focusing on employees doing a good job, since someone will be "looking over their shoulder".
Motivational theory holds that employees are more likely to perform better when they feel motivated, engaged, and supported in their work. This theory posits that individual performance is influenced by a range of factors, including job satisfaction, feedback, recognition, incentives, and other forms of support from management. In the context of auditing services, motivational theory suggests that auditors can motivate employees to perform better by creating a positive work environment that encourages good performance.
One way that auditors can create a positive work environment is by emphasizing the importance of quality work and accuracy. When employees know that someone will be reviewing their work, they may be more motivated to do a good job and ensure that their work is accurate and timely. This creates a sense of accountability and responsibility among employees, which can lead to better performance overall.
Additionally, auditors can use various strategies to motivate employees, such as providing regular feedback on their work, recognizing their accomplishments, and offering incentives for meeting or exceeding performance targets. By focusing on employee motivation, auditors can help to improve overall audit quality and enhance the effectiveness of the audit process.
In conclusion, motivational theory emphasizes the importance of creating a positive work environment that supports employee motivation and engagement. By using strategies that focus on employee motivation and performance, auditors can help to improve the quality of audits and enhance the value of auditing services for clients.
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Medicare is a government program funded by tax dollars to:
A-provide health insurance to children in a recount
B-provide health insurance to working adults
C-provide hospital insurance for those over 65
Answer: C
Explanation: Trust me
what are the components of niche marketing a)it doesn't matter what the components are, just advertise b)you only have to worry about where you are located c)there are no niches left that are untapped in the industry d)food and beverage, themes, contests, and advertising specific to your target market
The components of niche marketing is food and beverage, themes, contests, and advertising specific to your target market. Thus, option D is correct.
What is marketing?The process of developing, presenting, producing, and trading services that are advantageous to customers, consumers, companies, and the entire society collectively is known as marketing.
A niche market is a subsection of a bigger economy that is characterized as having its own particular requirements, interests, or character, which distinguishes itself from the marketplace as a whole.
Food and drink, themes, competitions, and promotions targeted specifically to their target demographic are all part of niche marketing.
Therefore, option D is the correct option.
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An innovative business idea that no one has never had
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
What is the ratio formula for quick ratio?
A company's most liquid assets, such as cash, cash equivalents, marketable securities, and accounts receivable, are divided by all of its current liabilities to arrive at the quick ratio.
The value of a company's "quick" assets is divided by the current liabilities to arrive at the quick ratio. "Quick assets" are cash and assets that can be converted into cash fast, frequently within 90 days.
Marketable securities, such as stocks or bonds that the corporation can sell on regulated exchanges, are among these assets. They also consist of accounts receivable, which are sums of money that consumers owe the business under short-term credit agreements.
Stock is excluded from the quick ratio because it could be difficult to turn your inventory into cash rapidly without sizable discounts, whether it be apparel for a retailer or cars for a car dealer. Prepaid expenses are also excluded from the fast ratio since, although they are short-term assets, they are not easily convertible into cash.
The fast ratio assesses a company's ability to receive quick infusions of funds. For lenders and investors, it is a useful indicator of a company's resilience. It is one of many liquidity gauges that business managers can use to inform their operational decisions, typically with the help of their accounting partner.
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Ethical standards in business are principles or codes for how a business conducts itself with ___, customers, and the public.
A. Other businesses
B.Employees
C.the government
D.charity organizations
Answer:
B. Employees
Explanation:
What is a scenario in Excel 2016?
Answer:
In Excel, a scenario is a set of data inserted in the spreadsheet that is being used, which forms a variable that can be modified and, therefore, replaced in said spreadsheet together. Thus, for example, if cells A1: D4 contain data that is specific to an eventual particular situation that can occur in 3 different ways, there will be 3 scenarios containing data in that range of cells that can be modified, thus modifying the final results of spreadsheet.
Answer:
C. a set of input values that produce a result
Explanation: edg
Deciding to do the right or wrong thing is based on making what type of decision?
ethical
business ethics
unethical
a code
Answer:
ethical
Explanation:
evaluate three ways in which employment will minimize emotional stress
Answer:
Employment allows you to provide for yourself and your family. With employment, you are likely to have your basic necessities covered, like food, utilities and housing.
Employment makes you feel useful in some way, makes you feel as a contributing member of society, a feeling that helps you increase your feelings of self-worth.
Finally, employment helps you plan ahead for the future. If the employment pays well, or if you manage to spend less than you earn, employment allows you to save money, which is the first step in building a personal equity.
The ways in which employment minimizes emotional stress include:
An employment provides a means of socialisation. This would reduce isolation. An employment is a source of income. This allows people to be able to afford luxuries that would reduce emotional stress. Employment reduces idleness. What is employment?Employment refers to when members of the labor force have a job for which they receive some form of compensation.
Regarding product life cycles, good marketing managers know that: A. all new brands start off in the market introduction stage. B. product life cycles can be extended through product modifications. C. a product must pass through all the product life cycle stages. D. no strategy planning is needed during the sales decline stage. E. a firm should use penetration pricing during market introduction, especially if the cycle is expected to move slowly.
Answer:
B. product life cycles can be extended through product modifications.
Explanation:
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
Regarding product life cycles, good marketing managers know that product life cycles can be extended through product modifications.
This ultimately implies that, marketing mix such as price, promotion, place and product can all be changed so as to impact or extend life cycle of a particular product.
Economics: Consider two ways of protecting elephants from poachers in African countries. In one approach, the government sets up enormous national parks that have sufficient habitat for elephants to thrive and forbids all local people to enter the parks or to injure either the elephants or their habitat in any way. In a second approach, the government sets up national parks and designates 10 villages around the edges of the park as official tourist centers that become places where tourists can stay and bases for guided tours inside the national park. Consider the different incentives of local villagers-who often are very poor-in each of these plans. Which plan seems more likely to help the elephant population?
Answer:
People kill elephants not because they are evil and want to hurt them just for the sake of hurting them, they do it in order to make a profit. If the government can offer these people the opportunity to make money through tourism, they that should prevent them from killing the elephants and other wildlife. You have to remember that these people are extremely poor and their income earning alternatives are very scarce and limited.
The first option will work only if the government spends enough money hiring guards that keep the park safe for the animals. But even then, some animals will still be hunted. You must also remember that not only the people of these places are poor, the governments are extremely poor also.
On the other hand, the second option should work better because the villagers will have an incentive to keep the animals safe and not hunt them themselves. The villagers will also help to prevent other people from killing the animals since they earn money through tourism and tourists go there to see the animals.
7. Sharon spent the weekend with her friend Amelia. Amelia proposed a plan for shoplifting CDs from a local music store. Sharon was to go to the store clerk, say she felt ill, and then pretend to faint. This distraction would allow Amelia, at the other end of the store, to place CDs in her shopping bag without risk of being seen. At first Sharon said she could not do something like that because it is against the law. Amelia argued that Sharon would not be breaking the law, only Amelia would. Is Amelia right? If a person can think of a way to profit by violating the law without risk, what reasons are there for not breaking the law?
Answer: Amelia is wrong because she is a partaker in the crime.
Explanation:
When gang members rob a shop, not all do the robbing at the same time, some drive the robbers, some stay on guard to watch the situation, and they are those that rob, but when they are caught, the law prosecutor goes for all of them involved because they acted as a team to carry out such act. It is same with this scenario, anyone who is fully aware and supported any criminal acts is considered a violator of the law. All people who participated in a criminal act is guilty of the crime.
However, it will only be punishable if there are witnesses and evidence to show that they partook in the event.
All of these are found in a command economy EXEPT..
A) minimum wage
B) environmental controls
C) ownership of corporate stock
D) government regulation of the economy
Answer:
C) ownership of corporate stock
Explanation:
In a command economy, the central authority or central government control and owns the factors of production in the country. The government makes all the important decisions in the economy. All production, distribution, and allocation of resources is done by the government or its agencies.
The government determines the goods be produced, their quantity, and prices. The private sector does not participate in economic activities. Therefore, ownership of corporate stock is not possible.
Imagine starting your own company. What type of company might you start and what type of ownership do you think would work best for your business? Why?
I would start a company that will be a sole trader company, as this will have my own capital and no other investors or shareholders.
What is a Company?A company is a business that sells products and or services to customers for the earning of profits, the company I will form is a sole trader and it will be a burger shop.
This will have a sole trader and no other shareholder, the complete profit will be enjoyed by the sole owner and if required more capital the further capital will be obtained by the banks through loan a fixed interest will be paid to them each year.
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Sharifa runs a profit-maximizing ice cream shop where she sells her famous chocolate-fudge banana sundaes. Sharifa has taken a microeconomics course, so she knows to produce at the optimal output. Based on the information shown in the graph, what is sharifa’s total profit?.
Answer: $250
Explanation: *PLEASE SEE THE ATTACH IMAGE TO MAKE SURE THIS IS THE SAME GRAPH
marginal revenue (MR) = marginal cost (MC); total revenue (TR) = $5 × 200 and total cost (TC) = $3.75 × 200, so ($1,000 – $750 = $250).
Sharifa's total profit is $300. Based on the information provided in the graph, Sharifa's total profit can be calculated using the formula: Total Profit = Total Revenue - Total Cost.
The optimal output for Sharifa is 200 sundaes because it is where the marginal revenue (MR) equals the marginal cost (MC), which means she produces the quantity of sundaes that will maximize her profit.
At 200 sundaes, the price per sundae is $7, and the total revenue is calculated as:
TR = Price × Quantity= $7 × 200= $1,400
The total cost (TC) of producing 200 sundaes is $1,100, which is calculated as:
TC = Fixed Cost + Variable Cost= $300 + $800= $1,100
Therefore, the total profit Sharifa earns from producing and selling 200 sundaes is:
Total Profit = Total Revenue - Total Cost= $1,400 - $1,100= $300.
Hence, Sharifa's total profit is $300.
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How do interest groups work ?.
The interest groups work as they spend lots of money and/or put pressure on you to get things done that will benefit their group.
What is interest groups?An interest group is usually a formally organized association that aims to influence public policy. This broad definition, which is increasingly used by scholars, differs from older, narrower definitions that include only private associations with a particular formal organization, such as the Italian Confindustria (General Confederation of Industry), the American National Education Association, and the guatemala association Mutual aid, Group (human rights organization).
One problem with such a narrow definition is that many formally organized entities are not private. The main lobbying forces in any society are various administrative units: national, regional and local agencies and institutions such as the military. Another reason for choosing a broad definition is that in all societies there are many informal groups that are actually interest groups but would not be covered by a narrower definition.
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If given an option between a sure gain of ten dollars or a twenty percent chance of gaining fifty dollars and a eighty percent chance of gaining nothing, most people would take the:__________.
Answer:
tt
Explanation:
Provision encourages the insured to maintain a certain limit of insurance?
Answer: Limits of liability
Explanation:
Limits of liability is the provision that encourages the insured to maintain a certain limit of insurance.
Limit of liability is the maximum amount of money that an insurer will be responsible to pay in case something bad happens to the thing insured such as the individual or property. This is based on the contract between the insurer and the insured.
An advantage of an enterprise resource planning (ERP) system is that to implement it, an organization need not attempt to do everything at once. Group of answer choices True False
Enterprise Resource Planning systems allow an organization to avoid having to do everything at once so this is TRUE.
What does an ERP system do?It enables an organization to plan out its activities so that the organization can become more successful.
ERP takes into account, the constraints and resources of a company and for this reason, will not require that all plans are executed at once but sequentially.
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Which of the following best completes the table?
Table listing kinds of trade barriers with examples of each. Regulation, clothing made using child labor. Tariff, foreign steel. Embargo, diamonds from Zimabawe.
What is an example of local content requirement?
Customs duties paid on cloth made in India
Imported apples exceeding a percentage of domestic production
Inexpensive sugar grown in the Caribbean
Oil from a Middle Eastern country that is considered hostile
Answer:
1. The best that completes the table is:
Oil from a Middle Eastern country that is considered hostile.
2. An example of local content requirement is:
Imported apples exceeding a percentage of domestic production.
Explanation:
Many countries of the world impose free-trade restrictions. For example, tariffs raise the prices of imported goods relative to domestic goods (good produced at home), thereby making imports more expensive. Some governments provide subsidies to their domestic industries, thereby making the domestic goods cheaper than their foreign counterpart and discouraging free trade. Local content requirements are another means to restrict free trade. These requirements demand that part of the production process for imported goods be completed domestically.
Answer:
C. inexpensive sugar grown in the Caribbean
Explanation:
just took the quiz
Orlando recently purchased a new laptop for $650. He then saw an
advertisement for a similar model being sold for only $550. In
order to resolve his ________, Orlando decided that the cheaper
model mu
dilemma
In order to resolve his dilemma, what decision did Orlando make regarding the cheaper model he saw in the advertisement?In order to resolve his dilemma,
Orlando decided that the cheaper model must have some drawbacks or compromises compared to his own.
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