Answer:
Shawn would choose form 1040 filing tax form.
Explanation:
The answer is D.) 1040
I got a picture of the answer.
Hope this helps!
During the implementation stage, the Fallon creative team works with Fallon media buyers to select and schedule the media. Because Fallon Worldwide offers a number of services including research, media, copy, artwork, and production, it would be classified as a(n)
Due to the fact that Fallon Worldwide offers a number of services including research, media, copy, artwork, and production, it would be classified as a full service agency.
A full service agency simply means a fully integrated advertising and marketing agency that provides a complete set of services. Such an agency can handle all the marketing aspects of a business.
In this case, since Fallon Worldwide offers a number of services including research, media, copy, artwork, and production, then it would be classified as a full service agency.
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The number of taxicabs in Motorville and the taxicab fares are regulated. The fare currently charged is Rs.500 a ride. Motorville taxicab drivers want to obtain government's permission to raise the fare to increase their revenues and ask you to be their economic adviser. After studying the market, you come up with the following demand schedule for taxicab rides:
Price (Rupees per ride) Quantity demanded (rides per month)
300 160
400 120
500 80
600 40
700 0
(i) Calculate the price elasticity of demand for taxicab rides as the fare rises from Rs.500 to Rs.600. Is the demand price elastic or inelastic for this fare rise? (2 Marks)
(ii) What happens to the taxicab drivers' total revenue if the fare rises from Rs.500 to Rs.600? How can you use your answers in part “a” to answer this question? Should the drivers try to obtain permission to raise the fare? (2 Marks)
(iii) Calculate the price elasticity of demand for taxicab rides as the fare falls from Rs.500 to Rs.400. Is the demand price elastic or inelastic for this fare decrease?
Answer:
The answer is below
Explanation:
i) The price elasticity of demand is given by the formula:
\(Price \ elasticity\ of \ demand=\frac{\Delta Q}{\Delta P} =\frac{\frac{Q_2-Q_1}{(Q_2+Q_1)/2} }{\frac{P_2-P_1}{(P_2+P_1)/2} } \\\\Price \ elasticity\ of \ demand=\frac{\frac{40-80}{(40+80)/2} }{\frac{600-500}{(600+500)/2} }=\frac{-2/3}{2/11} =3.667 (ignore \ the\ sign)\)
Since the price elasticity of demand is greater than 1 hence it is elastic
ii) Since the price elasticity of demand is elastic as a result of increase in fare, hence the total revenue would decrease.
iii)
\(Price \ elasticity\ of \ demand=\frac{\Delta Q}{\Delta P} =\frac{\frac{Q_2-Q_1}{(Q_2+Q_1)/2} }{\frac{P_2-P_1}{(P_2+P_1)/2} } \\\\Price \ elasticity\ of \ demand=\frac{\frac{120-80}{(120+80)/2} }{\frac{400-500}{(400+500)/2} }=\frac{0.4}{-2/9} =1.8 (ignore \ the\ sign)\)
Since the price elasticity of demand is greater than 1 hence it is elastic
high-power poses are not how you talk to _____ they are how you talk to _____
High power poses are not how you talk to other people they are how you talk to yourself.
Hence, the answer to the blanks is other people; and yourself.
What exactly are high power poses?'High power' postures have generated a lot of buzz in the scientific community and elsewhere.
If you are unfamiliar with these poses, they are body positions that can improve your mood.
What are communicative power poses?Leaning forward, standing tall with arms spread, and other expansive postures and gestures are seen as components of the "body language" of dominance.
They provide the "actor" a more upbeat, concentrated feeling, and they give the viewer a sense of confidence and authority.
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During the assessment phase of networking, it’s best to be specific about your business _______.
Doing some research on the key players will help you make the most of business _______ or _______.
Chatting with other people at parties or meetings is a great way to make _______.
When out networking people in _______ naturally gravitate to others.
Based on what you've read, respond to the following.
List two of the qualities that help form a strong foundation for business relationships.
What are two important stages in making business connections?
1. During the assessment phase of networking, it is best to be specific about your business objectives.
2. Doing some research on the key players will help you make the most of business contacts or opportunities.
3. Chatting with other people at parties or meetings is a great way to make connections.
4. When out networking, people naturally gravitate to others.
Business relationships are an essential aspect of all types of business enterprises, whether large or small. Developing good relationships is vital to the success of any business. Two qualities that help form a strong foundation for business relationships are trust and reliability. These two qualities help establish a sense of honesty, transparency, and consistency in business practices.
Trust and reliability are vital components of business relationships because it creates a safe and comfortable environment for business partners to communicate freely, share ideas, and brainstorm on how to grow the business together. In addition, it provides an avenue for open discussions and sharing of constructive feedback that will help businesses identify areas of improvement.
The two most important stages in making business connections are networking and relationship building. Networking is a critical stage in business development because it enables businesses to build a vast array of contacts that they can leverage to grow their business. Relationship building, on the other hand, focuses on building trust and nurturing relationships with clients, partners, and other stakeholders.
This stage requires a long-term commitment and entails consistent communication and transparency to establish a sense of mutual trust and respect. To conclude, strong business relationships are essential to the success of any business. Building such relationships takes time and effort. Trust and reliability are crucial elements that can help establish a strong foundation for business relationships. Networking and relationship building are two vital stages in making business connections, and they require commitment, time, and effort.
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Robyn was a lawyer for the Department of State who has been disbarred for ethical lapses including dishonesty and interfering with investigations.
After losing his license to practice law, he was fired from the State Department. What MOST likely must Robyn do now?
A. Appeal his case to the American Bar Association.
B. Find a new career outside the legal profession.
C. Wait a year and reapply for his license.
D. Take his case to an appeals court.
The most likely thing for Robyn to do is B. Find a new career outside the legal profession.
Why does Robyn need to leave the legal profession ?Since he has lost his license to practice law, he would not be able to continue working as a lawyer or in any other legal capacity. In addition, his firing from the State Department would likely make it difficult for him to find employment in a related government agency.
Therefore, the most realistic option for Robyn would be to seek employment in a different field or industry. Appealing his case to the American Bar Association or taking his case to an appeals court would likely not be fruitful options, as his disbarment and firing from the State Department suggest that his ethical lapses were significant and serious.
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While Davidson outlines several issues that the parties are actually not terribly divided on, he also outlines two issues that are hyper-partisan. What are these fiscal issues and why do you think that the parties are so divided? Do you lean towards the Democrat or Republican view on these issues?
Davidson mentions tweaking the fiscal answers of raising the social protection retirement age, lowering medical care for rich seniors, and raising clinical healthcare contributions.
The two fiscal issues that are hyper-partisan are as follows:
Army protection spending and problems of taxes.
- The events are so divided chiefly due to the fact they have got severe opposites points of view on several problems.
- at the issues, I lean towards the Democratic view.
Democracy is a form of government wherein the humans have the authority to planned and determine regulation, or to choose governing officials to achieve this. The U.S. is an example of Democracy, they have got a consultant democracy wherein the people choose the executive and Legislative officials for the debate over guidelines that hobby the humans.
Democracy is a gadget of government in which legal guidelines, rules, leadership, and principal undertakings of a kingdom or different polity are immediately or in a roundabout way decided via the human beings, a collection historically constituted through only a minority of the population.
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Which examples best demonstrate likely tasks for Support Services workers? Check all that apply.
ОООООО
Britta examines a patient's teeth to assess whether they are healthy or need a procedure.
Darius gives medicine to a patient in a rehabilitation center.
Evelyn helps a patient understand the options on ways to treat his heart condition so he can make a decision.
Minh creates a plan for nutritious meals for a hospital cafeteria to make for the next month.
Keith prepares and serves food in a nursing home.
Shanita organizes the medical records in a medical clinic's back office.
Answer:
cde
Explanation:
The examples that best demonstrate likely tasks for Support Services workers is third, four and fifth statement.
The following information should be considered related to the support service workers :
Evelyn helps a patient understand the options on ways to treat his heart condition so he can make a decision.Minh creates a plan for nutritious meals for a hospital cafeteria to make for the next month.Keith prepares and serves food in a nursing home.Learn more: https://brainly.com/question/10283285?referrer=searchResults
application sick live
ABC purchased equipment for $60,000 on January 1, 2018. The equipment is expected to have a five-year life, with a residual value of $5,000 at the end of five years. Using the straight-line method, depreciation expense for 2019 and the book value at December 31, 2019 would be:
Answer:
Depreciation expense - 2019 = $11,000
Book Value - 2019 = $38,000
Explanation:
Straight Line method charges a fixed depreciation charge as :
Depreciation Expense = (Cost - Residual Value) ÷ Useful Life
therefore,
Depreciation expense = $11,000
Book Value = $60,000 - $11,000 - $11,000 = $38,000
Human resources is primarily concerned with the training of employees when it serves the best interest of the company. What is one area in which human resources priorities training?
a. lay off
b. lateral moves
c. termination
d. demotions
Robinson Crusoe can gather 10 coconuts or catch 1 fish per hour. His friend Friday can gather 30 coconuts or catch 2 fish per hour. What is Crusoe’s opportunity cost of catching 1 fish? What is Friday’s? Who has an absolute advantage in catching fish? Who has a comparative advantage in catching fish?
Answer:
Crusoe's opportunity cost of catching 1 fish is 10 coconuts, since he can either catch 1 fish or gather 10 coconuts in 1 hour. Friday's opportunity cost of catching 1 fish is 15 coconuts, since he can either catch 1 fish or gather 30 coconuts in 2 hours. Friday has an absolute advantage in catching fish, since he can catch twice as many fish as Crusoe in the same amount of time. However, Crusoe has a comparative advantage in catching fish, since his opportunity cost of catching 1 fish is lower than Friday's.
Explanation:
financial ratio analysis involves identifying how a firm is performing according to all but which of the following? group of answer choices balance sheet income statement market valuation innovation
In the following question, the financial ratio analysis involves identifying how a firm is performing according to all but "innovation." from the given options.
Financial ratio analysis is a tool used to evaluate a company's financial performance and health by examining its financial statements. The analysis involves comparing various financial ratios to industry averages, historical data, or the company's performance over time. Financial ratios provide insight into a company's liquidity, profitability, efficiency, and solvency.
In contrast, innovation refers to the development and implementation of new ideas, products, or processes to create value for customers and increase competitiveness. While innovation is critical for a company's long-term success, it is not a factor that is directly measured or evaluated through financial ratio analysis.
Therefore, all of the other options - balance sheet, income statement, and market valuation - are important components of financial ratio analysis as they provide essential information on a company's financial health and performance.
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If
you are
using $50 to buy your groceries, which function of money is
this?
Answer:
Medium of Exchange
Explanation:
A medium of exchange is an instrument used as an intermediary to facilitate the exchange of goods and services. A good medium of exchange must give a fair valuation of the items being traded. Money is a widely accepted medium of exchange.
Almost all items in a market have a monetary value attached to them. A Buyer or seller would easily know the amount of money needed to trade an item. The $50 is being used as a medium of exchange for the purchase of groceries. The seller accepts the money if they agree with the buyer on the quantity of groceries worth $50.
Question 6 of 10
Why is it important to assign blame in the case of workplace accidents?
A. While it is important to try to prevent accidents, it is not important
to assign blame.
O B. To determine what caused an accident and how similar accidents
can be prevented in the future
O c. So whoever caused an accident will be appropriately punished
D. To fire workers who caused their own injuries
SUBMIT
Answer: To determine what caused an accident and how similar accidents can be prevented in the future
Explanation:
It is important to assign blame in the case of workplace accidents in order to determine what caused it and how similar accidents can be prevented in the future.
Why is blame assignation important after an accident?It is important in order to avoid a re-occurrence of the accident and to ensure that proper measures are taken by whoever is responsible.
It also ensure that everybody learns to keep safety as a watch word to ensure that accidents are almost eradicated at work.
Therefore, the Option B is correct.
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Bob's brother , Steve, planned to visit over Labor Day weekend , on Saturday, Sunday, and Monday . Together they planned to build a deck in Bob's backyard . Bob ordered the lumber , concrete , nails, and other supplies to be delivered on Friday . He also arranged to rent a saw for the weekend (Saturday, Sunday and Monday) at a cost of $20 per day. When he went to pick up the saw, the store had already rented it. He drove all over town trying to borrow another saw, using up a $40 tank of gas, but could only get one for Sunday, Monday, and Tuesday, at a cost of $50 per day. Because they couldn't work on Saturday without a saw, Bob had to hire Mac at a cost of $80 to work for him on Tuesday, and, of course, Bob had to take off from work on Tuesday, losing $ 160.00 in wages. Calculate the damages to which Bob is entitled . How much is he entitled to (give a specific dollar amount)? Why? Explain your answer.
Answer:
Bob is entitled to $230 in damages.
To arrive at this answer, we can add up all the costs that Bob incurred due to the saw rental issue and hiring Mac.
First, Bob had arranged to rent a saw for three days at a cost of $20 per day, so the total cost was supposed to be $60. However, since the store had already rented it out, Bob had to drive around and spend $40 on gas, which brings the total cost up to $100. Then, he had to rent a saw for three days (Sunday, Monday, and Tuesday) at a cost of $50 per day, which comes to a total of $150.
In addition to the saw issue, Bob had to hire Mac to work for him on Tuesday, at a cost of $80. Bob also lost a day of wages when he took off from work on Tuesday, which was worth $160.
Therefore, the total damages that Bob is entitled to are $100 (for the wasted saw rental and gas) + $150 (for the new saw rental) + $80 (for hiring Mac) + $160 (for lost wages) = $490. However, since Steve was planning to help Bob build the deck, and Bob hired Mac to take his place, Steve should be responsible for half of the damages. So Bob is entitled to half of $490, which is $245.
In summary, Bob is entitled to $230 ($245 - $15 for the gas he would have used if the saw was available as planned) because he incurred additional costs due to the saw rental issue and had to hire someone else to help him build the deck.
Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. They have been paying another company to manufacture the boxes for them but are interested in manufacturing the boxes themselves. They’ve developed the following cost estimates:
Sales (100,000 units) $ 1,000,000
Costs: Fixed Variable
Raw Materials $ 0 $ 300,000
Direct Labor 0 200,000
Factory Costs 100,000 150,000
Selling and Administrative
Costs 110,000 50,000
Total Costs $ 210,000 $ 700,000
Operating Income $ 90,000
1. How many units will Gay and Joy need to sell to breakeven?
If Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. How many units will Gay and Joy need to sell to breakeven is: 70,000 units.
First step is to determine the selling price
Selling price = $1,000,000 / 100,000 units
Selling price = $10
Second step is to determine the Variable cost per unit
Variable cost per unit =$700,000 / 100,000 units
Variable cost per unit = $7
Third step is to calculate the Contribution margin per unit using this formula
Contribution margin per unit = Selling price - Variable cost
Let plug in the formula
Contribution margin per unit = $10 - $7
Contribution margin per unit = $3
Fourth step how many units will Gay and Joy need to sell to breakeven
Using this formula
Break even= Fixed cost / Contribution per unit
Break even = $ 210,000 / $3
Break even =70,000 units
Inconclusion if Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. How many units will Gay and Joy need to sell to breakeven is: 70,000 units.
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causes of child labor
Selam!
I am Turkish.
çocuk işçiliğini kötü insanlar yapar. mesela amerikanlar, ruslar ve benzeri.
İyi dersler :)
https://eodev.com/app/profile/7139574 'i takip et!
Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
___________ is a way of saving a file so it can be used by a different program. A. Selecting B. Exporting C. Citing D. Formatting Please select the best answer from the choices provided A B C D Mark this and return
Answer:
B. Exporting
Explanation:
Customers might sometimes describe contradictory needs
Customers might sometimes describe contradictory needs which means Option C. Customers sometimes describe needs that oppose each other.
When customers require two different things that cannot be addressed by the same product, it is referred to as a conflicting requirement. There are many reasons why customers may have conflicting needs. Some customers might have a requirement for a product to be both inexpensive and of high quality, for example. Others may desire a product that is both small and powerful. Customers may sometimes find it difficult to articulate what they want, which might result in vague descriptions.
This might make it more difficult for the supplier to provide a solution that satisfies the customer’s needs. Customer service staff must be trained to engage with customers and listen actively to their concerns. They must also be able to identify when there is a contradictory requirement and provide solutions that address the customer's needs in a way that satisfies the customer's expectations while also meeting the supplier's operational needs. Understanding customer needs is an important part of the customer service profession, and it may take some time and effort to develop the necessary skills.
Some customers are very detailed in describing their needs, which can be beneficial for suppliers because it allows them to provide an appropriate solution for the customer. Overall, being aware of conflicting customer requirements is essential in the customer service sector to provide an effective solution. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Customers might sometimes describe contradictory needs.
A. A customer's needs can sometimes be confusing.
B. Customers might sometimes give vague descriptions.
C. Customers sometimes describe needs that oppose each other.
D. Some customers are extremely thorough in describing their needs.
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Taisha operates equipment to transfer oil from one container to another. Her job title is best described as
Spencer manages the flow of electricity through substations and distribution lines. His job title is best described as
Mariko maintains cables and supporting structures for transmitting electricity. Her job title is best described as
Fred operates equipment to transfer hydrogen through pipelines. His job title is best described as
Answer:
she would be the pump opperater
Explanation:
Answer:pump operator
Power dispatcher
Electrical power-line repairer
Gas pumping station operator
Explanation:
Irene wants to make a copy of a housing design from a magazine. Which tool does she require? A.
drafting dots
B.
tracing paper
C.
smooth paper
D.
newsprint
Answer:
B
Explanation:
Had the same question and it was the correct answer
Answer:
B. tracing
Explanation:
for plato
Which of the following is an example of the law of demand at work?
O A. The price of pizza falls when demand for pizza falls.
O B. The price of pizza goes up when the price of cheese goes up.
O C. Demand for pizza rises when the price of pizza falls.
O D. Demand for pizza goes down when tacos become more popular.
Answer:
O C. Demand for pizza rises when the price of pizza falls.
Explanation:
In the law of demand, the demand for a product and the price move in opposites directions. As the prices for a good or service increases, the demand falls. Therefore, the demand for a product is inversely related to its price.
An increase in the demand for pizza due to a fall in its prices is a perfect illustration of the law of demand. An increase or decrease in prices causes the demand to move in the opposite direction.
Based on the evidence available to you, which investment opportunity is more likely to be fraudulent? What are the true risks of investment with this company, and does the company accurately describe these risks? What are the potential returns on an investment, and does the company accurately describe these returns?
It is important to note that any investment opportunity can be risky, and investors should always conduct thorough the research and seek professional advice before making any investment decisions.
What is an investment?Investment refers to the act of allocating resources, such as money, time, or effort, with the expectation of generating a profitable return in the future. Investments can take many forms, including stocks, bonds, real estate, mutual funds, and businesses. Investors aim to grow their wealth over time by investing in assets that will appreciate in value, generate income, or both. However, investing also carries risks, such as market fluctuations, economic downturns, and unforeseen events that can impact the value of investments. To make informed investment decisions, investors need to conduct research, analyze data, and evaluate the potential risks and rewards of different investment opportunities. Diversification, asset allocation, and a long-term investment horizon are some of the strategies used to manage risk and optimize returns.
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You project revenue to start at $5,000 for the first month and grow by $200 each month thereafter. You project expenses to begin at $7,000 per month and grow by $50 per month. In what month will you break even (revenue equal to expenses)?
Answer: 14
Explanation: i took the quiz
In the 13th month will you break even (revenue equal to expenses).
What is revenue?Revenue is the entire amount of money made through the sale of products and services that are essential to the business's core competencies. Sale or turnover are other terms used to describe advertising revenues.
To make two equations equivalent, we must write them down.
The first one will appear as follows:
200x + 5,000
The x will match the 200 since after the initial $5,000, the program's revenue increases by $200 per month.
The second equation will have the following form:
50x + 7,000
The x will follow the 50 because the project starts out at $7,000 and expands by $50 every month.
Set both now identical to one another.
200x + 5,000 = 50x + 7,000
150x + 5,000 = 7,000
150x = 2,000
x = 13.333
The project therefore will reach breakeven in the 13th month.
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A reduction in inflation would lead to a. more frequent price changes and increased variability of relative prices. b. more frequent price changes and decreased variability of relative prices. c. less frequent price changes and increased variability of relative prices. d. less frequent price changes and decreased variability of relative prices.
Answer:
d. less frequent price changes and decreased variability of relative prices.
Explanation:
We know that the Inflation is an increase in prices for a period of time that represent the loss in the purchasing power of the consumer. With attached to it, there would be rise in the level of the price that have the high amount of fluctuations in the price
So in the case when there is a decrease in inflation so it would have less frequent change in price and reduction in variability in relative prices as the prices would become stable
Hence, the option d is correct
what do you think makes us free
Answer:
Refers to the ability of a person to act out of his own free will and self-determination. This means that a person may decide to act or not to act, and these decisions are made out of his own free will. also means that a person may act even if he is not required or called to take action.
Explanation:
Let's say you are ordering food for your wedding reception, and you sent out 150 invitations. Everyone RSVP'd, with120 people saying they would attend. You know however that not everyone who RSVP'd will actually show up; there are always, always, always some no-shows (at least from the question-writers experience). Thus you expect to need 100 meals. But just to be safe, you plan to order 110 meals, estimating this is a 90% service level (accepting a 10% probability you'll run out). You discuss this with your fiance who is adamant about increasing your service level to 99%.
Required:
How many meals should you order for a 99% service level?
The number of meals to order for a 99% service level is 121 meals.
What is the service level?The service level is the percentage of services that can be provided to guests or customers on a given occasion or within a given period.
It can also describe the percentage of meals that a host estimates to serve her guests at a party.
Data and Calculations:Number of invitations sent out = 150
Number of RSVPs received = 120
Expected number of meals to serve = 100
The safety level of meals to serve = 110
The estimated service level at 110 meals = 90%
The Fiancé's estimated service level to attain = 99%
The number of meals to order for a 99% service level is 121 meals (110/90% x 99%).
Thus, the meals that you should order for a 99% service level is 121 meals.
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a study of long-distance phone calls made from general electric reveled the length of the calls, in minutes, follows the normal probability distribution. the mean length of time per call was 4.5 minutes and the standard deviation was 0.70 minutes. what is the probability that calls last between 4.0 and 6.0 minutes?
The probability that calls last between 4.0 and 6.0 minutes is approximately 0.7441, or 74.41%.
To find the probability that calls last between 4.0 and 6.0 minutes, we need to calculate the area under the normal curve between these two values.
First, we need to standardize the values using the Z-score formula: Z = (X - μ) / σ, where X is the value, μ is the mean, and σ is the standard deviation.
For 4.0 minutes:
Z1 = (4.0 - 4.5) / 0.70 = -0.71
For 6.0 minutes:
Z2 = (6.0 - 4.5) / 0.70 = 2.14
Next, we need to find the cumulative probabilities associated with these Z-scores using a standard normal distribution table or a statistical software.
The probability associated with Z1 is P(Z ≤ -0.71), and the probability associated with Z2 is P(Z ≤ 2.14).
Using a standard normal distribution table, we can find these probabilities:
P(Z ≤ -0.71) ≈ 0.2389
P(Z ≤ 2.14) ≈ 0.9830
To find the probability that calls last between 4.0 and 6.0 minutes, we subtract the lower probability from the higher probability:
P(4.0 ≤ X ≤ 6.0) = P(Z ≤ 2.14) - P(Z ≤ -0.71)
≈ 0.9830 - 0.2389
≈ 0.7441
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Suppose a stock market crash makes people feel poorer. This decrease in wealth would induce people to a. increase consumption, which shifts aggregate demand right. b. increase consumption, which shifts aggregate supply right. c. decrease consumption, which shifts aggregate supply left. d. decrease consumption, which shifts aggregate demand left.
If the stock market was to crash and make people feel poorer then the decrease in wealth might lead people to d. decrease consumption, which shifts aggregate demand left.
What happens to demand when there is a stock market crash?If there is a stock market crash, then people will lose money. This was seen with the Stock Market Crash in the 1920s and the Black Friday incident in the late 1900s. Because people have lost money, they might feel poorer because the other money they have would need to be used to take care of the other needs and wants they have. Which means that they will have to reduce their spending.
A reduction in spending means that people would most likely reduce their consumption. The effect that this would have on the Aggregate Demand curve is to shift it to the left which is what happens when there is a fall in aggregate demand.
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