Answer:
-limit R&D, local partners, insurance, and hedging
-adds more strategy to the mix
-Strategic planning to include:
--Scenario planning and stress testing
--Address potential stakeholders in planning process (e.g. include schools, infrastructure, hospitals in plans)
Some strategies to manage the risks of economic nationalism and political risks are adding further strategy to the mix are limit R&D, local partners, insurance, and hedging.
What is economic nationalism?A circumstance where a nation attempts to safeguard its own economy by limiting foreign investments and imports: The US was viewed as the principal adversary of economic nationalism and protectionism.
Economic nationalism should be viewed as a collection of methods for developing, supporting, and defending national economies in the setting of international markets.
Economic instability, nationalist movements, and expanded governments all contributed to the growth and institutionalization of economic nationalism in the 20th century.
Due to convictions that industry has beneficial spillover effects on the rest of the economy, improves the nation's self-sufficiency and political independence, and is an essential component in developing military power, economic nationalism frequently emphasizes industrialization.
Economic nationalism, also known as "Mercantilism" and "Realism" in a broader sense in the study of international affairs, is characterized by its tendency to be a zero-sum game.
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A recent stock market boom has increased household wealth by $10 billion, which increases consumption by $7 billion, and the marginal propensity to consume in the economy is equal to 0.6. 1. The expenditure multiplier is 2. The change in aggregate expenditure equals billion.
The change in aggregate expenditure is $17.5 billion.
The expenditure multiplier is calculated as the reciprocal of the marginal propensity to save (MPS). Since the marginal propensity to consume (MPC) is given as 0.6, the marginal propensity to save is 1 - 0.6 = 0.4.
Expenditure multiplier = 1 / MPS
Expenditure multiplier = 1 / 0.4
Expenditure multiplier = 2.5
To find the change in aggregate expenditure, we can multiply the increase in consumption by the expenditure multiplier.
Change in aggregate expenditure = Increase in consumption * Expenditure multiplier
Change in aggregate expenditure = $7 billion * 2.5
Change in aggregate expenditure = $17.5 billion
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The epicurean society is holding its annual election for president. The three candidates are a, b, and
c. Twenty percent of the voters like upper c the most and upper a the least. Forty percent of the voters like upper a the most and upper c the least. Of the remaining 232 prefer upper b to upper c and upper c to upper a, and 696 prefer upper b to upper a and upper a to upper
c. Write out the preference schedule for this election.
Answer and Explanation:
Please find answer and explanation attached
A major grocery store chain is trying to cut down on waste. Currently, they get peaches from two different distributors, wholefruits and greengrocer. Out of a two large shipments, the manager randomly selects items from both suppliers and counts the number of items that are not sell-able due to bruising, disease or other problems. She then makes a confidence interval. Is there a significant difference in the quality of the peaches between the two distributors? 95% ci for pw-pg:(-0. 156, 0. 064).
A significant difference in the quality of the peaches between the two distributors is option D. Option D says that We are 95% confident that the proportion of non-sell-able items for Whole Fruits is anywhere between 0.064 and 0.156 HIGHER than the proportion of non-sell-able items for Greengrocer.
Grocery stores generally can be defined as focus on beverages, food and some household goods. They are typically local chains or also single-location stores and may be family-owned . In other words, "grocery store" or known as supermarket. They offer the ingredients of provide jobs, foster a sense of community and home cooked meals. By comparing a set of inherent characteristics with a set of requirements we are generally can determine the quality of something.
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logical fallacy Well, what form of government do you want, a government by liberal do-gooders ready to spend your hard-earned dollars or a government led by business minds that understand how to live within a tight budget and generate jobs that put people to work. Group of answer choices
Answer:
i don´t nou sorry
Explanation:
Scott Weisberg feels his job at Wendy’s includes all the following except
a) serving a senior leadership team member who makes strategy decisions.
b) serving as a manager of the human resources leadership team.
c) serving as a function leader who supports an agenda to assist franchisees and business partners in the company.
d) supervising the Board of Directors.
e) being a confidant to the CEO.
Scott Weisberg feels his job at Wendy’s includes all the following except Supervising the Board of Directors .
What is Scott Weisberg ?
Having worked in the medical industry for more than 27 years, Scott Weisberg, MD, is a Family Medicine Specialist in Birmingham, Alabama.
In 1996, he received his degree from ALBANY MEDICAL COLLEGE. His connection to Brookwood Baptist Medical Center is established. New clients and telehealth appointments are both accepted at his practice.
What function does the board of directors serve?
The board of directors' primary responsibilities include selecting the company's CEO or general manager and determining the company's overall strategy.
All other personnel must be hired by the CEO or general manager, who is also in charge of managing the company's daily operations.
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How old will someone who graduated high school at 18 be until they get a Masters Degree in civil engineerings ?
Answer:22 years
Explanation:
i. Develop an ABC classification for these items (10marks) 11 Explain (wo (2) ways in which manacer ind .". this information (2marks) Quevion 6 II archousing is part of a firm's logistics system that stores products (rah maierials. parts, goods-in-process, finished goods) at and between point of origin and point of consumption, and provides information to management on the status, condition and disposition of items being stored. Warchouse is sometimes used interchangeably with distribution centre. a. Distinguish between a warehouse and a distribution centre. (5marks) b. Discuss four (4) value-added activities that can be performed by warehouses and distribution centres. (IOmarks)
ABC Classification:
ABC classification is a technique used to categorize items based on their value or importance. In the context of inventory management, it helps prioritize items for effective control and management. To develop an ABC classification for the given items, the following steps can be followed:
Gather data: Collect data on the items, including their annual usage value or sales revenue. This data will help determine their relative importance.
Calculate usage value: Calculate the total annual usage value for each item by multiplying its unit price by the annual demand or sales quantity.
Rank the items: Rank the items in descending order based on their annual usage value. The items with the highest usage value are considered the most important.
Assign categories: Divide the items into categories based on their cumulative usage value. For example, the top 20% of items with the highest cumulative usage value can be classified as Category A, the next 30% as Category B, and the remaining 50% as Category C.
By following these steps, the items can be classified into ABC categories, allowing the organization to allocate resources, set inventory levels, and apply different control measures based on the importance of each item.
ii. Managerial Indications of ABC Classification:
ABC classification provides valuable information to managers in various ways:
Inventory Control: Managers can use ABC classification to establish different inventory control policies for different categories of items. Category A items, which are high-value and critical, may require stricter control measures, such as frequent monitoring and tighter inventory levels, compared to Category C items.
Supplier Management: With ABC classification, managers can identify their top suppliers based on the items' value contribution. This information enables them to establish strategic relationships, negotiate better terms, and focus on supplier performance improvement for critical items.
Demand Forecasting: By analyzing historical sales data of different ABC categories, managers can improve demand forecasting accuracy. They can allocate more resources to forecasting and analyzing Category A items, which have a significant impact on overall sales and profitability.
Cost Optimization: Managers can identify cost-saving opportunities by focusing on the high-value items in Category A. They can negotiate better pricing, explore bulk purchasing options, or consider alternative sourcing strategies to reduce costs associated with these items.
In summary, ABC classification assists managers in making informed decisions related to inventory control, supplier management, demand forecasting, and cost optimization, ultimately contributing to more efficient and effective operations.
b. Distinguishing between a warehouse and a distribution centre:
A warehouse and a distribution center serve different functions within the logistics system:
Warehouse: A warehouse is a facility used to store goods, materials, or inventory for an extended period. It typically focuses on storing finished goods or raw materials in a centralized location. Warehouses are strategically placed within the supply chain to optimize inventory management, provide storage, and facilitate order fulfillment. They may also handle activities like packaging, labeling, and quality control.
Distribution Centre: A distribution center, on the other hand, is a specialized facility designed for the rapid movement and distribution of goods. It acts as a central hub in the supply chain, receiving products from multiple sources and distributing them to various destinations. Distribution centers are strategically located near transportation networks to facilitate quick and efficient order processing, sorting, and transportation.
While both warehouses and distribution centers involve storage and handling of goods, the key distinction lies in their primary purpose. Warehouses primarily focus on long-term storage and inventory management, while distribution centers emphasize the efficient and timely movement of goods to meet customer demands.
Value-Added Activities performed by Warehouses and Distribution Centers:
Consolidation and Cross-Docking: Warehouses and distribution centers can consolidate shipments from multiple suppliers or sources into a single outbound shipment. They also facilitate cross-docking, where incoming goods are unloaded.
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Give (2) examples how we deal with "Scarcity"
Answer:
Either increasing supply or lowering demand
Explanation:
increasing supply:
e.g. when less developed countries (LDCs) experience a famine or drought, other countries can supply food and/or water to them
lowering demand:
finding alternative solutions of the product (that have the same effect as the original product) or reducing the reasons for why there is a high demand
- e.g. crops not growing well due to weather/crop disease going around -> find a crop that is more resistant to the disease (reducing reasons for demand)
- e.g. rice field has an infestation -> not yielding enough rice to feed the population -> population feels hungry and other foods cannot help them feel full/sustain them -> find another crop to substitute, like yam or potatoes that are equally filling (alternative solutions)
but these two are pretty much the same so
also please note I don't take any courses on supply and demand other than geography so I might be completely wrong
The association stradegy is used to_________information
Answer:
The association strategy is used to help memorized information.
Explanation:
A benefit of using association is that it allows the learner to be creative and have fun. ... The association strategy is used to help memorized information.
The general term for the payments for the use of resources is ______?
A. wages
B. rent
C. interest
D. factor payments
The umbrella word used to describe payments for the usage of resources is Factor payments. Hence, Option D is correct.
What is factor payment?Factor payments in economics are the compensation that individuals receive for providing the factors of production—land, labor, capital, or entrepreneurialism. Payments made with limited resources or production inputs in exchange for useful services.
Rent, wages and salaries for work, interest and dividends are the factor payments received for land, labor, and capital, respectively. It describes one method for determining GDP using income.
The factor income technique, also referred to as the "income approach," calculates GDP by adding employee wages, rent, interest, and profit. Payments provided to production factors, such as rent, interest, profit, wages, etc., are referred to as factors payments.
Thus, Option D is correct.
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Which person used a cost-saving strategy when deciding how to spend their money?
a. when selecting a new tablet, Rosita carefully read about the features of each model.
b. when purchasing a new jacket, Thao chose the one that was manufactured locally.
c. when choosing which coffee to buy, Ivan chose the brand with the "fair trade" label.
d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.
will give brainliest!
The person who used a cost-saving strategy when deciding how to spend their money is the Fabian who negociated with the seller to buy a used dirt bike to get a better deal.
What is cost-saving stategy?The strategy in which we analysis the basic requirements which are necessary and on which minimum cost can be made in a business
What is a dirt bike?The bikes which are generally used in dirts to have races or to have friction with the roads with dirts.
Hence, option D is the correct answer
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What is something you learned about investing?
Answer:
investing ensures present and future long-term financial security
Explanation:
sana makatulong
ASAP!!!!!!!! Would give a lot of points!!!!!
Assume that the output gap is estimated to be $156 billion and the government decides to take action. If the marginal propensity to consume is 0.75, by how much would it need to change government spending to close the gap? Show your work.
Answer:
$39 billion
Explanation:
Given marginal propensity to consume is 0.75,
the Spending Multiplier = 1 / (1 - MPC) = 1 / (1 - 0.75) = 1 / 0.25 = 4
To close a gap of $156 billion, the government needs to change spending by $156 / Spending Multiplier
= $156 /4
= $39 billion
an effect of the sarbanes-oxley act of 2002 was to: multiple choice reduce the circumstances in which one may file securities with the sec. eliminate sec involvement with sales of securities. reduce the accounting profession’s level of self-regulation. require periodic peer reviews of large cpa firms performed by the general accounting office.
An effect of the Sarbanes-Oxley Act of 2002 was to reduce the accounting profession’s level of self-regulation.
What did the Sarbanes-Oxley Act of 2002 do?The Sarbanes-Oxley Act of 2002 was passed in the wake of the Enron and WorldCom financial sagas in order to reduce the incidence of companies misleading their stockholders.
The Sarbanes-Oxley Act of 2002 led to more regulation over the accounting profession and a reduction in their self-regulation because large accounting companies had been implicated in the saga.
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Target’s all in motion clothing line provides higher-quality apparel at target-level pricing, enhancing the product’s.
Clothing line provides higher-quality apparel at target-level pricing, enhancing the product’s are perceived value
Perceived value refers to a customer's assessment of the benefits or attractiveness of a good or service, particularly in comparison to a competitor. The cost that consumers are prepared to pay for a commodity or service serves as a proxy for perceived value. Price level targeting is a technique used by central banks to implement monetary policy in which a particular level of a price index, such as the CPI, is targeted. Price level targeting adjusts depending on recent events, much like inflation targeting with a forward-looking perspective.
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system development only involves representatives from the it department.
No, system development should involve representatives from various departments to ensure comprehensive understanding of business requirements and effective collaboration for successful implementation.
System development requires input from different stakeholders to ensure that the system meets the needs of the entire organization. Involving representatives from various departments such as operations, finance, marketing, and customer support helps in understanding diverse perspectives, gathering requirements, and addressing potential challenges. Collaboration between IT and other departments enhances communication, reduces misunderstandings, and increases the chances of developing a system that aligns with business goals and objectives.
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Having decided what you want to research, you now must decide what sources to use to gather your data. The following secondary resources are available. Which will you choose to use first? Bear in mind that using in-house databases costs very little, whereas using a commercial database will incur considerable expenses.
You will first opt to use internal year purchase history data from the last 10 years, which comprises customer profiles.
How would you define research data?Any information that has been gathered, noticed, produced, or made specifically to support initial study conclusions is referred to as research data. Research data can also be found in non-digital media like diary and lab notebooks, despite being mostly digital.
Why are research results significant?Data enables firms to assess the success of a certain strategy: After putting methods in place to address a problem, gathering data will help you assess how effectively your approach is working and whether it needs to be adjusted or changed over time.
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profit represents Excess of revenue over expenses true or false
Answer:
true
Explanation:
it express that thing
Four years ago, sam invested in grath oil. she bought three of its $1,000 par value bonds at a market price of 93.938 and with an annual coupon rate of 6.5%. she also bought 450 shares of grath oil stock at $44.11, which has paid an annual dividend of $3.10 for each of the last ten years. today, grath oil bonds have a market rate of 98.866 and grath oil stock sells for $45.55 per share. use the scenario above to consider which statement best describes the relative risk between investing in stocks and bonds. a. it is equally likely that the company would suspend paying interest on the bonds and dividends on the stock. b. both the coupon rate and the dividend rate are fixed and cannot change. c. the market price of the bonds is more stable than the price of the company's stock. d. the amount of money received annually in interest (on the bonds) and in dividends (on the stocks) depends on the current market prices.
The statement that best describes the relative risk between investing in stocks and bonds is : The market price of the bonds is more stable than the price of the company's stock.
What is a bond?A bond is loan from an investor to a borrower such as a company or government. Here, the borrower uses the money to fund its operations, and the investor receives interest on the investment.
In the above context, the market value of the bonds of Grath Oil is more. The market price of the bond is the amount of the money to be paid in an open market to buy a bond.
Hence, the bond's market price is much more stable than the price of the company's stock. It is riskier to invest in company stocks.
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Nationwide Auto Parts uses a periodic review inventory control system for one of its stock items. The review interval is 10 weeks, and the lead time for receiving the materials ordered from its wholesaler is 1 weeks. Weekly demand is normally distributed, with a mean of 250 units and a standard deviation of 50 units. Refer to the for z-values. a. What is the average and the standard deviation of demand during the protection interval? The average demand during the protection interval is units. (Enter your response as an integer.) The standard deviation of demand is units. (Enter your response rounded to two decimal places.) b. If the firm desires 92 percent stockout protection, the target inventory level is units. (Enter your response rounded to the nearest whole number.)
a. The standard deviation of demand during the protection interval is 165.83 units.
b. The target inventory level for 92% stockout protection is 2464 units.
How to calculate the valuea) The total time for the protection interval is 10 weeks + 1 week = 11 weeks.
Average Weekly Demand = 250 units
Number of Weeks = 11 weeks
Average Demand = 250 units/week * 11 weeks
Average Demand = 2750 units
Standard Deviation of Weekly Demand = 50 units (given)
Number of Weeks = 11 weeks
Variance = (50 units)² * 11 weeks
Variance = 27500 units^2 * week
Standard Deviation = √(27500 units² * week)
Standard Deviation ≈ 165.83 units
b) The desired stockout protection level is 92%, which means the probability of not experiencing stockouts is 1 - 0.92 = 0.08.
The z-value associated with a probability of 0.08 is approximately -1.41.
Target Inventory Level = Average Demand + (z-value * Standard Deviation)
Average Demand = 2750 units (calculated in part a)
Standard Deviation = 165.83 units (calculated in part a)
z-value = -1.41
Target Inventory Level = 2750 units + (-1.41 * 165.83 units)
Target Inventory Level ≈ 2464 units
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Under monopoly, the firm produces the output where ___________, and in perfect competition, the firm produces the output where _________. 1. P>MR=MC;P=MR=MC 2. PMR=MC
Under a monopoly, the firm produces the output where the price (P) is greater than both the marginal revenue (MR) and the marginal cost (MC). This means that the firm is producing at a point where it is charging a price higher than what it would charge in a perfectly competitive market. The reason for this is that a monopoly has market power and can control the price of its product. Therefore, it will produce at a lower quantity and charge a higher price, resulting in economic profits.
In contrast, in a perfectly competitive market, the firm produces the output where the price is equal to both the marginal revenue and the marginal cost. This means that the firm is producing at the point where it is making normal profits and there are no economic profits in the long run. The reason for this is that in a perfectly competitive market, there are many firms producing identical products, and no single firm has the market power to influence the price. Therefore, firms are price takers and will produce at a point where they are making normal profits.
In summary, the key difference between monopoly and perfect competition is that in a monopoly, the firm has market power and will produce at a point where it charges a higher price and produces a lower quantity, resulting in economic profits. In contrast, in perfect competition, the firm is a price taker and will produce at a point where it makes normal profits.
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A firm has EBIT of $375,000, interest expense of $75,000, preferred dividends of $6,000 and a tax rate of 40 percent. The firm's degree of financial leverage at a base EBIT level of $375,000 is
Answer: 1.29
Explanation:
The following can be deduced from the question:
EBIT = $375000
Interest expense = $75000
EBT = EBIT - Interest Expense
= $375000 - $75000
= $300000
Before tax preference dividend
= Preferred dividend / (1 - Tax rate)
= 6000 / (1 - 40%)
= 6000 / 60%
= 6000 / 0.6
= $10000
The firm's degree of financial leverage will then be:
= EBIT / (EBIT - Interest expense - Before tax preference dividend)
= 375000 / (375000 - 75000 - 10000)
= 375000 / 290000
= 1.29
Therefore, the firm's degree of financial leverage is 1.29.
Which of the following is not a determinant of sample size for probability samples?
a. budget available
b. research objectives
c. rule of thumb
d. all of these are determinants
The correct answer to the question is c. rule of thumb is not a determinant of sample size for probability samples. Determining the appropriate sample size for a probability sample is an important aspect of research design. It is essential to ensure that the sample size is adequate to achieve the research objectives while also considering practical constraints, such as budget and time limitations.
Several factors can influence the determination of sample size for probability samples. These factors include the variability of the population, the level of precision required, the desired level of confidence or significance, and the size of the population. However, the option "d. all of these are determinants" is not entirely accurate. While factors such as budget and research objectives can influence the determination of sample size, they are not considered determinants of sample size. Rather, they are practical considerations that should be taken into account when determining the appropriate sample size.
The rule of thumb is also not a determinant of sample size for probability samples. It is a general guideline that suggests a minimum sample size based on the size of the population. For example, a commonly used rule of thumb is that a sample size of at least 30 is required for populations greater than 100.The rule of thumb is a general guideline rather than a specific factor in determining sample size.
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The market for corn in Mexico has a large number of sellers and buyers, and there is no difference in the products sold by each seller. As a result, prices are determined by the
Answer:
Interactions between the sellers and buyers in the market.
Explanation:
laws of supply and demand in the Mexican corn market. When there is a surplus of corn, the price tends to decrease as sellers compete to sell their products. Conversely, when there is a shortage of corn, the price tends to increase as buyers compete to purchase the available products. Therefore, the prices are determined by the interactions between the sellers and buyers in the market.
two expenditure heads included in total cost?
The two expenditure heads included in total cost are fixed costs and variable costs.
Fixed costs are the expenses that remain constant regardless of the level of production or sales. These include costs like rent, salaries, insurance, and depreciation. Fixed costs do not change as the production level changes, providing stability and predictability in the overall cost structure.
Variable costs, on the other hand, are the expenses that vary directly with the level of production or sales. These include costs like raw materials, direct labor, and utilities. Variable costs change as the production level increases or decreases, making them more dynamic and responsive to changes in the business environment.
In conclusion, total cost consists of fixed costs and variable costs, which together provide a comprehensive view of the overall expenses associated with producing and selling a product or service.
Note: The question is incomplete. The complete question probably is: What are the two expenditure heads included in total cost?
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What is business overview
Answer:
A company overview (also known as company information or a company summary) is an essential part of a business plan. It's an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.
Explanation:
Answer:
It is an essential part of a business plan. It's an overview of the most important points about your company.
Explanation:
Hope this helps!
the note is the document used to create a legal debt. in most states, the note creates personal liability for residential borrowers. when mortgage lenders have access to other borrower assets in situations where the foreclosure sale price is less than the total amount of the loan outstanding, we commonly refer to this type of loan as a:
The type of the loan referred in the above case is Recourse loan.
What is loan?A loan is the lending of money by one or more people, organizations, or other entities to other people, organizations, or entities. The receiver incurs a debt and is often obligated to pay interest on that loan until it is repaid, in addition to repaying the primary amount borrowed.
If the borrower defaults on a recourse loan, the lender has the right to take the collateral as well as any other assets the borrower has. Deposit accounts and income streams are examples of assets that a lender may take for a recourse loan. In general, resource loan arrangements specify which properties the borrower may seek.
Therefore, it can be concluded that Recourse loan is the kind of the loan referred in the preceding scenario.
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In the United States, people are sorted into different tax brackets so that they pay differing amounts of taxes based on their income level. Which type of tax system does this BEST demonstrate?
A. regressive
B. progressive
C. proportional
D. flat
Answer:
B. progressive
Explanation:
In a progressive tax system, the tax rate imposed on individuals and firms is based on their income levels. A low tax rate is applied to low-income earners. As income levels increases, the tax rate also increases. This means that the poor are taxed using lower tax rates compared to the wealthy.
A progressive tax system promotes equity and fair distribution of wealth. The poor have little; hence pay low taxes while the rich pay higher amounts.
Answer:
Progressive
Explanation:
Got it right on the test nun to worry about.
dance appeals to our senses through what compositional qualities?
Dance appeals to our senses through a combination of various compositional qualities that enhance the overall experience. These qualities include movement, rhythm, space, dynamics, and expression.
Movement is at the core of dance and involves the physical execution of steps, gestures, and sequences. It engages our visual sense as we observe the fluidity, grace, and precision of the dancers' movements. Rhythm, on the other hand, relates to the timing and pattern of the movements, creating a sense of musicality and synchronicity. It allows us to perceive the beat, tempo, and accents in the choreography, appealing to our sense of hearing.
Space plays a crucial role in dance composition, encompassing both the physical space occupied by the dancers and the conceptual space they create through their movements. It involves notions of proximity, distance, levels, and pathways, captivating our visual sense by manipulating the perception of space.
Dynamics refer to the quality and intensity of movement, ranging from soft and delicate to powerful and explosive. By utilizing dynamics, dancers can evoke a wide range of emotions and capture our attention through the contrast and variation in their performance.
Expression is another significant compositional quality in dance, enabling dancers to convey ideas, emotions, and narratives through their movements. It engages our senses by evoking empathy and connecting with our own emotional experiences.
In summary, dance appeals to our senses through the compositional qualities of movement, rhythm, space, dynamics, and expression. These elements combine to create a rich and immersive experience for both performers and audiences, captivating our senses and evoking a range of emotional responses.
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pls help :(
If the team charges $10 per dream bag and sells all 100 bags how much revenue will they collect?
If the team sells all 100 bags how much profit will they make
(hint revenue - total cost = profit)
Answer:
Explanation:
If the team charges $10 per dream bag and sells all 100 bags, their revenue will be:
Revenue = Price per bag x Number of bags sold
Revenue = $10 x 100
Revenue = $1000
Therefore, if the team sells all 100 bags, they will collect $1000 in revenue.
To calculate the profit, we need to know the total cost of producing and selling the dream bags. Let's assume that the total cost is $600.
Profit = Revenue - Total Cost
Profit = $1000 - $600
Profit = $400
Therefore, if the team sells all 100 bags at a price of $10 per bag and has a total cost of $600, they will make a profit of $400.
Answer:
$1000 (Revenue)
$400 (Profit)
Explanation:
Given:
Price - $10
Quantity - 100 bags
Total revenue formula:
Total revenue = price * quantity
Substitute values:
Total revenue = 10 * 100
Calculate:
Total revenue = $1000