When considering purchasing a used car for commuting, one should be most concerned about the reliability of the vehicle, and should check its maintenance history and get it inspected by a mechanic.
When considering purchasing a used car, there are several factors that one should consider. In this scenario, Ryan is considering purchasing a five-year-old hatchback with 75,000 miles on it for $13,000, and his main use would be commuting 20 miles to work each day. There are a few things that he should be most concerned about, including:
1. Reliability: As the car is five years old with 75,000 miles on it, it's important to consider the reliability of the vehicle. Ryan should check the car's maintenance history and get it inspected by a mechanic before making a purchase to ensure that there are no major mechanical issues that could cause problems down the road.
2. Fuel efficiency: As Ryan will be using the car for commuting to work, he should consider the fuel efficiency of the vehicle. He should look up the car's estimated miles per gallon (MPG) and calculate how much he will spend on gas each month to determine if it fits within his budget.
3. Safety: Ryan should also consider the safety features of the car, such as airbags, anti-lock brakes, and electronic stability control. He should also check the car's safety rating from reputable sources such as the National Highway Traffic Safety Administration (NHTSA) or the Insurance Institute for Highway Safety (IIHS).
4. Resale value: Ryan should also consider the resale value of the car, as he may want to sell it in the future. He should research the depreciation rate of the car model and make sure he is getting a fair price for it.
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investment a has 30 payments. investment b has 25 payments. all else equal, which one has the higher present value?
Keeping all else equal Investment B has the higher present value as the payments for investment A are higher.
Given a certain rate of return, present value (PV) is the current value of a future financial asset or stream of cash flows. A discount rate or the interest rate that could be obtained through investment is applied to the future value to get the present value. The difference between present value and future value is that the former shows you how much money you'd need in today's dollars to earn a certain amount in the future.
Amounts of money or streams of cash flows that are anticipated in the future are measured by their present value (PV), which expresses their value now. Since time itself impacts value, this value will be different from the nominal value of the cash flows.
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If the Federal Open Market Committee (FOMC) wants to _____ the short-term interest rate, it can _______ the U.S. Treasury securities from/to a commercial bank.Question 19 options:a) lower; buyb) lower; sellc) increase; buyd) increase; selle) only (a) and (d) of the above
The term "monetary policy" refers to the actions undertaken by a central bank, such as the Federal Reserve, to influence the availability and cost of money and credit to help promote national economic goals. The Federal Reserve Act of 1913 gave the Federal Reserve responsibility for setting monetary policy.The Federal Reserve controls the three tools of monetary policy--open market operations, the discount rate, and reserve requirements. The Board of Governors of the Federal Reserve System is responsible for the discount rate and reserve requirements, and the Federal Open Market Committee is responsible for open market operations. Using the three tools,depository institutions the Federal Reserve influences the demand for, and supply of, balances that depository institutions hold at Federal Reserve Banks and in this way alters the federal funds rate. The federal funds rate is the interest rate at which lend balances at the Federal Reserve to other depository institutions overnight.
What is the structure of the FOMC?
The Federal Open Market Committee (FOMC) consists of twelve members--the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis. The rotating seats are filled from the following four groups of Banks, one Bank president from each group: Boston, Philadelphia, and Richmond; Cleveland and Chicago; Atlanta, St. Louis, and Dallas; and Minneapolis, Kansas City, and San Francisco. Nonvoting Reserve Bank presidents attend the meetings of the Committee, participate in the discussions, and contribute to the Committee's assessment of the economy and policy options.The FOMC holds eight regularly scheduled meetings per year. At these meetings, the Committee reviews economic and financial conditions, determines the appropriate stance of monetary policy, and assesses the risks to its long-run goals of price stability and sustainable economic growth.Changes in the federal funds rate trigger a chain of events that affect other short-term interest rates, foreign exchange rates, long-term interest rates, the amount of money and credit, and, ultimately, a range of economic variables, including employment, output, and prices of goods and services. If the Federal Open Market Committee (FOMC) wants to lower the short-term interest rate, it can buy the U.S. Treasury securities from a commercial bank. So, the correct option is (a) lower; buy.
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explain the correlation between human capital education and income and how will this influence your career choice
When property rights enforcement is predictable and stable,: Multiple choice question. individuals have a less incentive to undertake investments in their property. individuals have a greater incentive to undertake investments in their property. uncertainty and risk inspire market interactions and economic development. uncertainty and risk can limit market interactions and economic development.
Based on macro-economic theory, when property rights enforcement is predictable and stable, "individuals have a greater incentive to undertake investments in their property."
This is because investors generally want to know the viability of a new investment before starting such an investment or a new business.
Generally, it is believed that where there is no predictable enforcement and the rule of law, there would be uncertainty and risk, which would affect the market interactions and economic development.
Hence, in this case, it is concluded that the correct answer is option B. "individuals have a greater incentive to undertake investments in their property."
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All else equal, if there are diminishing returns and constant returns to scale, then what happens to productivity if capital and labor both increase but capital increases by more
If, all else being equal, labor and capital have declining returns, what happens to productivity if both capital and labor rise by the same amount then the a. Productivity will undoubtedly decline.
It is critical in company to achieve a level of optimal output. This guarantees that all production parameters are exploited to their full potential. Making changes to production components, or inputs, has diverse consequences and may be studied in a variety of ways. Diminishing marginal returns are a result of increased input after an optimal capacity has been attained. At the same time, at least one production variable, such as labor or capital, is held constant. According to the legislation, this increase in input will result in a lower rise in output. Returns to scale quantify the change in productivity caused by increasing all production inputs over time.
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There is increasing concern that ______ will be depleted through actions such as deforestation. Multiple choice question. company capabilities corporate partners competitors
There is increasing concern that the physical environment will be depleted through actions such as deforestation. Multiple choice question. company capabilities corporate partners competitors
What is Deforestation?This refers to the act of removing large portions of the forest including trees, shrubs, and other plants that make up the forest to harvest wood, to plant crops, and create grazing lands.
Because deforestation also means the destruction of natural habitat for the plants and lots of other animals, environmental scientists are beginning to worry about the consequences of this activity.
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question mode multiple choice question what is the current value of a future amount based on a certain interest rate and a certain time period? notice that the future value is already known. you want to find the current value of that amount.
The current value of a future amount based on a certain interest rate and a certain time period is the future value is already known.
The interest rate is the proportion of the loan which is charged as the interest to the borrower refers to expressed as an annual percentage of the loan outstanding. It is the reduced interest rates encourage people to spend the money on the home improvement.
The current value of a future amount based on a certain interest rate and a certain time period the future value is already known is the value of a future amount at the present time which is found by applying compound interest over a specified period of time.
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A restaurant customer complains to the waiter person that their meal has arrived at the table cold. After apologizing to the customer, the waiter person should:
a) remove the meal and reorder immediately
b) reheat the meal immediately
c) tell the customer that other staff are to blame
d) leave the meal on the table and reorder as soon as possible
Answer:a
Explanation:
an inferior good is one that: select one: a. no consumers are willing to buy. b. gets poor reviews from objective, independent evaluators. c. is of low quality or not very durable. d. experiences decreased demand when income increases.
Option d: An inferior good is one that experiences decreased demand when income increases.
Inferior goods are goods that have a negative relationship with income. This means that as income increases, demand decreases and vice versa.
Unlike ordinary goods, it can be said to have a negative income elasticity. As consumer incomes fall, demand increases as inferior goods become affordable alternatives.
A basic example of adulteration is public transport. When consumers have low incomes, they commute by public transport, buses, trains, etc. When incomes increase, they prefer to drive their own cars instead.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
monica owns her house. for the duration of her lifetime, she has the right to her property (unless she sells it) and can will her property title to her children after her death. monica has a:
Monica has a the most unrestricted and absolute stake in real estate is a fee simple estate. It may be freely transferred and inherited and has no set duration.
A landowner's complete and entire ownership of a plot of land and any properties on it is referred to in real estate as fee simple ownership. As long as the land uses comply with existing zoning regulations and easements, the fee simple owner is free to do anything they like with the property.
This implies that you have the option to expand your home with a bedroom, add a second storey, build a new garage, or even demolish your current house and start over.
Additionally, you have the freedom to sell the property and any structures at any time. Alternately, you can leave the property to anybody you choose.
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A marketplace extended beyond traditional boundaries and removed from a temporal and geographic location is called a(n):
A marketplace extended beyond traditional boundaries and removed from a temporal and geographic location is called a marketspace.
What is a marketspace?A marketspace is a digital exchange environment. A digital exchange environment is common now due to a number of available technology.
Most everyone is always connected to the internet or their smart phones, enabling much digital exchange. It is a virtual market place in the commercial world, where the limitations of physical boundaries are not known.
Hence, a marketplace extended beyond traditional boundaries and removed from a temporal and geographic location is called a marketspace.
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profit represents Excess of revenue over expenses true or false
Answer:
true
Explanation:
it express that thing
what does it mean to say that agile project management takes an iterative approach? select all that apply.
Agile project management is an iterative method of carrying out a project over the course of its existence. Multiple iterations or incremental steps toward the completion of a project make up iterative or agile life cycles.
What does it mean that an iterative process is used in agile project management?
A process that is iterative advances through continual improvement. A system is first attempted by a development team, which is aware of its shortcomings in some (possibly many) areas. The team then makes those adjustments repeatedly until the end result is satisfactory. An iterative method of project management is called agile project management. Due to the iterative nature of the process, a project advances through brief performance cycles that include planning, testing, and development.
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What is marginal cost?
А
the price at which producers are willing to sell one unit of a good or service
B
the price at which consumers are willing to purchase one unit of a good or service
С
the additional effort and resources needed to produce one additional unit of a good or service
D
the additional positive value a person receives from consuming one more unit of a good or service
Answer:
С). the additional effort and resources needed to produce one additional unit of a good or service
Explanation:
Marginal cost is the extra expenses associated with the production or sale of one more unit of output. Marginal cost is compared and contrasted with marginal revenue to determine if production should continue or not.
Both marginal cost and marginal revenue are concepts of marginal analysis. They are decision-making tools in the production process. for a profit-maximizing firm, production should continue for as long as marginal revenue is greater than marginal cost.
Analyze Horsepower Hookup, Inc. Horsepower Hookup, Inc., is a large automobile company that specializes in the production of high-powered trucks. The company is determining cost allocations for purposes of performance evaluation. A portion of company bonuses depends on divisions achieving cost management goals. This necessitates highly accurate support department cost allocation. Management has also stated that it has the means to implement as complex a method as necessary. The general manager over the Mid-Size D wants to get a good idea of what factors are driving the costs of the support departments in order to make accurate cost allocations, so finding accurate support department cost drivers is important. Support department costs include Janitorial ($163,100) and Security ($285,400). The Janitorial costs vary depending on the number of vehicles produced, increasing with larger production volumes. Security costs are fixed based on the size of the lot, and do not change with respect to how many vehicles are in the lot or warehouse. Joint costs involved in producing the trucks before the split-off point where the various makes, models, and colors are produced are $946,000 for the period. All makes, models, and colors sell at relatively similar margins, but the sports models and metallic colors are normally more difficult to produce during the joint production process. a Identify the support department cost allocation method that matches the given situation d. If Janitorial costs were to be allocated based on square footage, and Security costs based on asset value, what percentage of each support department's costs would be allocated to each production department using the sequential method (allocating Security costs first)
Mid-Size D should receive a Janitorial cost allocation of $54,463.64 and Luxury D should receive a Janitorial cost allocation of $43,570.91.
The sequential method allocates the cost of one support department before allocating the cost of the other support department.
To allocate the Security cost based on asset value, the following steps should be followed;
Step 1: Total Asset Value = $120,000,000 + $190,000,000 + $50,000,000 + $240,000,000
= $600,000,000
Step 2: Allocate the Security Cost by Production Department: The Security cost is allocated to each production department based on the asset value. Mid-Size D, Luxury D, and SUV should receive 20%, 32%, and 8% of the Security cost respectively based on their asset value.
Mid-Size D should receive Security cost allocation of $45,080,000.
To allocate the Janitorial cost, we use the volume-based method.
Volume-based allocation method assigns the cost of a support department to the production department based on the volume of the production department.
The cost allocation of Janitorial based on the number of vehicles produced is as follows;
Step 1: Find the total number of vehicles produced:
Total number of vehicles produced = 10,000 + 8,000 + 5,000 + 7,000 = 30,000
Step 2: Allocate the Janitorial cost by Production Department:
The Janitorial cost is allocated to each production department based on the number of vehicles produced.
Mid-Size D, Luxury D, and SUV should receive 33.33%, 26.67%, and 16.67% of the Janitorial cost respectively based on the number of vehicles they produce.
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Which of the following statements about check cashing companies is FALSE?
1. They charge low fees.
2. They offer bad deals where you'll owe a lot more than you borrowed.
3. They can take a percentage of your check on top of fees.
4. They make it easy to fall into a loan cycle that is hard to get out of.
if a marketing manager segments the market into culture-, sports-, or outdoor-oriented groups, he or she is segmenting the market on the basis of .
If a marketing manager segments the market into culture-, sports-, or outdoor-oriented groups, he or she is segmenting the market on the basis of psychographic lifestyle.
The standards for a marketplace phase consist of homogeneity the various phase's predominant needs, uniqueness, and a not unusualplace response to advertising tactics. The response from marketplace segments to advertising plans or techniques is normally very predictable. Common marketplace phase trends consist of interests, way of life, age, and gender.
Psychographic segmentation examples consist of luxurious objects and articles that enchantment to a selected way of life along with vegetarians and pescatarians. Examples of behavioral segmentation consist of selecting one product over every other because of variant or functionality.
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which sector require joint or collaborative works in our communities
Answer:
Collaborative working can last for a fixed length of time or can form a permanent arrangement. What these options have in common is that they involve some sort of exchange, for mutual advantage, that ultimately benefits end users.
Types of collaborative working
Separate organisations maintain their independence, but work jointly on some activities or functions
Organisations with resources or expertise offer assistance to other organisations, eg a large national organisation working with a small local group
A new organisation to do joint work on some activities or functions
A group structure where a 'parent' organisation governs a group of 'subsidiary' organisations
Merger to form a new organisation working as one body on all activities
Explanation:
Check which of the following are good tips for cutting down on impulse buying:
Statement: Good: Bad:
When you're going shopping, take a list, and stick to it!
Ask yourself, "Do I need this, or do I just want this?"
Always buy the newest model of something the minute it comes out.
Always grab the brand name product first!
Plan big-deal buys like a computer or a car—never buy them on impulse.
Don't be a fashion groupie—resist this month's "in" look.
Don't let small money burns keep you from making big but good money burns.
Don't ever question a seller's motive.
Answer:
Statement: Good: Bad:
When you're going shopping, take a list, and stick to it!
Good
Ask yourself, "Do I need this, or do I just want this?
Good
Always buy the newest model of something the minute it comes out.
Bad
Always grab the brand name product first!
Bad
Plan big-deal buys like a computer or a car—never buy them on impulse. Good
Don't be a fashion groupie—resist this month's "in" look.
Good
Don't let small money burns keep you from making big but good money burns.
Good
Don't ever question a seller's motive.
Bad
Explanation: Just got right.
When you're going shopping, take a list, and stick to it!
GOOD
WHY?
Shopping lists aid in the reduction of purchases made while shopping. Shopping lists tend to reduce purchases because they remind shoppers of their goals and highlight unplanned purchases.
Ask yourself, "Do I need this, or do I just want this?"
GOOD
WHY?
"Want" means to have a strong desire to own or do (something). "Need" means require (something) because it is necessary or extremely important rather than merely desirable. We should invest a bigger part of our capital into what we need rather than spending it on what we want.
Always buy the newest model of something the minute it comes out.
BAD
WHY?
Every product launches a new and upgraded version of its previous products at regular intervals. Hence, if we always try to keep up with the upgrades irrespective of their requirement in our lives presently just for the sake of the trend, we over-spend.
Always grab the brand name product first!
BAD
WHY?
90% of the time can get the same quality products at much more affordable rates from smaller brands. At times we don't pay for the quality of the product, rather we just pay for the brand name.
Plan big-deal buys like a computer or a car—never buy them on impulse.
GOOD
WHY?
Research, saving up, and looking for offers and better alternatives are all parts of planning. It's better to carry all these out before making such expensive investments.
Don't be a fashion groupie—resist this month's "in" look.
BAD
WHY?
Being a fashion groupie just to keep up with the trends and people-pleasing does nothing more than heightening your expenses because fashion trends are never-ending.
Don't let small money burns keep you from making big but good money burns.
GOOD
WHY?
It's always better to make a big investment in a better quality product rather than compromising the quality just for the sake of prices and then spend again and again on repairing it and buying another one after a short period.
Don't ever question a seller's motive.
BAD
WHY?
It's a seller's sole motive to make a profit out of every smallest thing possible and we should keep in mind that in this case, a seller would prioritize his profit more than the consumer's right over a good quality product.
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Which of the following statements is MOST consistent with the I/O view? Performance of a firm is most directly attributable to:a. the power of the financial market stakeholders. b. the resources the firm possesses. c. the profitability of the industry in which the firm competesd. hypercompetition within the industry
The MOST consistent statement with the I/O view is " the resources the firm possesses is MOST consistent with the I/O (Industrial Organization) view". Option B is the correct answer.
The I/O (Industrial Organization) view suggests that a firm's performance is primarily determined by external factors, such as the structure of the industry in which the firm competes. According to this view, firms that possess superior resources, such as skilled labor, access to capital, and advanced technology, are more likely to achieve competitive advantage and outperform their rivals.
This implies that the resources the firm possesses are the most directly attributable to its performance, as stated in option b. Thus, option B is the correct answer.
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A billing company that collects bills for doctors' offices in the area is concerned that the percentage of bills being paid by medical insurance has risen. Historically, that percentage has been 34%. An examination of 9,378 recent, randomly selected bills reveals that 35% of these bills are being paid by medical insurance. Is there evidence of a change in the percent of bills being paid by medical insurance? (Consider a P-value of around 5% to represent reasonable evidence.) Complete parts a through e below.
(a) H0 is the null hypothesis; p = 0.34.
(b) H1: p > 0.34 is the alternative hypothesis.
(c) The z-score is 5.12 in.
(d) The test statistic's P-value is less than or equal to 0.0001.
(e) The evidence supports the conclusion that the proportion of expenses covered by medical insurance has grown.
Definition of the information given: Historically, insurance has paid for 34% of medical expenses.
According to an analysis of 9,378 recently issued bills that were randomly selected, 35% of these expenses are covered by health insurance.
Definition of the provided data:34% of medical expenditures have historically been covered by insurance.
A review of 9,378 recently issued bills that were chosen at random finds that 35% of these costs are covered by health insurance.
We will conduct a hypothesis test for a single percentage to determine if there is evidence of a change in the percent of costs covered by medical insurance. The following are the hypotheses:
H0: p=0.34H1: p>0.34
We will do a one-tailed test to see whether there is evidence that the percentage of expenses covered by insurance has grown.
Since np and n(1-p) are both higher than or equal to 10, we will use a normal distribution to describe the sample percentage, where n is the sample size and p is the hypothesized proportion.
The statistics for the z-test will thus be determined as follows: z = (phat - p)/sqrt(p(1-p)/n)
Here, n = 9378, phat = 0.35, and p = 0.34.
z = (0.35 - 0.34)/sqrt((0.34*0.66)/9378)
z = 5.12
We may reject the null hypothesis since the P-value for the test statistic is around P(z > 5.12) 0.0001, which is less than 0.05.
Therefore, there is enough data to draw the conclusion that the percentage of expenses covered by medical insurance has grown.
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consumer reports requested by an underwriter during the application process of a life insurance policy can be used to determine
When an underwriter is assessing an application for a life insurance policy, they will use consumer reports to determine the risks associated with that particular policy.
Consumer reports are a collection of information about an individual's credit history, financial stability, and other important factors that can impact the decision to approve or deny a life insurance policy.
The reports include information such as the applicant's credit score, payment history, public records, and other financial details. With this information, an underwriter can determine how likely the applicant is to make timely payments, how likely they are to make a claim, and how risky the policy might be in the long-term.
Consumer reports are a valuable tool for life insurance underwriters to make informed decisions and protect the interests of both the insurance company and the policyholder.
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what is the differences and similarities between rental goods services and non goods services
Answer and Explanation:
Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.
Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.
Achievements that will take you a while to meet are referred to as _____________.
A.
backwards goals
B.
short term goals
C.
long term goals
D.
visualization
Hello!
Your answer is long term goals!
(don't know why they deleted my answer)
Hope this helps!
Whitney deposits for two years. She compares two different banks. State Bank will pay her 4.1% interest, compounded monthly. Kings Savings will pay her 4.01% interest, compounded
continuously.
Answer:
State Bank,$16.21
Explanation:
Result part (a): $767.74
Result part (b): $751.53
we note that the results of part (a) is higher and thus State Bank earns more interest.
we are also interested in the difference of the interest:
$767.74 - $751.53 = $16.21
Thus State Bank will result in $16.21 more interest.
what is a benefit of having a good credit score
Some benefits of a good credit score are you will qualify for favorable interest rates, and you will have the ability to pay lesser financing charges on loan balances and credit card balances.
What is a good credit score?Generally, According to McClary, "A high credit score indicates that you will most probably qualify for the lowest interest rates; fees for new loans and lines of credit."
If your credit score is high, you will have a better chance of receiving these benefits. You might save up to one percent on interest if you apply for a mortgage, which is another advantage.
It is more likely that you will be eligible for favorable interest rates, and you will be able to pay reduced financing costs on loan balances and credit card balances if you are approved for these rates.
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Which are examples of a service business? (Check all that apply)
Ford Dealership
Southwest Airlines
Procter & Gamble
McDonalds
Answer: Southwest Airlines, Ford Dealership & McDonalds
Explanation: For ex, airlines, banks, electronic support providers, law firms, plumbing repair companies, movie theaters, and managing management consulting firms are pure service companies. Foodservice McDonald's outlets. In more than 100 countries worldwide, these restaurants offer a diverse, but small value list.
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
Answer:
Option A
Explanation:
The complete question is
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
a) 2 hours
b) 1 hour
c) 1 hour and 40 minutes
d) 90 minutes
Solution
There are four lanes.
Capacity of one lane is equal to 1,000 vehicles/lane/hour.
Let us say that each lane will provide access to equal number of vehicles
Thus, each lane will allow 10,000/4 = 2500 vehicles per hour
Time taken by 2500 vehicles on road to reach parking is equal to 2.5 hours.
The nearest answer to this option A i.e two hours
, in the economic world, refers to the subordination of individual liberty to the general welfare. question 2 options: a) industrialism b) socialism c) anarchism d) mercantilism e) technocapitalism
Socialism in the economic world, refers to the subordination of individual liberty to the general welfare.
Option B is correct.
What's socialism?Socialism is an profitable and political system where the workers or the government enjoy the structures and tools that make goods and services like granges and manufactories. This can be achieved through decentralized and direct worker- power, or through centralized state- power of the means of product.
What's an illustration of socialism?exemplifications of socialism include public structure, social security, public transportation, and fire protection services among others. The socialist testament is extensively visible in the US, indeed if we do not suppose about it every day, and indeed if we tend to suppose of the nation as being a fortification of capitalism.
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