Inverse market demand is: p = 1,000 - (q1 q2). costs for each firm are identical and given by: ciqi = 4qi determine the profit function for a cournot oligopolist.

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Answer 1

Inverse market demand is P=1000-(Q1+Q2). Costs for each firm are identical and given by CiQi=4Qi. The profit function for a Cournot oligopolist profit = (1000-(Q1+Q2))Qi-4Qi (p. 290)

What is the Cournot oligopoly model?

In this Cournot oligopoly model, the business creates a uniform product. They decide how much to make in an effort to maximize revenues. In this market system, competition is dependent on the volume of output generated because the product is homogeneous. At the same time, every firm decides on output. They believe that output from rivals won't alter.

An approach to oligopoly known as the Cournot Model makes the assumption that firms create a homogenous good and are aware of one another's output.

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Related Questions

Which of the following describes a taxpayer with a hobby?
a) Sara, an independent seller for a cosmetics company, who sells products to friends and neighbors because she enjoys learning about the new products available. She maintains separate business and personal accounts and keeps meticulous business records.
b) Craig, a taxpayer who builds model trains. He occasionally wins cash prizes in local train modeling contests. He deposits his winnings into his personal checking account.
c) Everett, a university research associate, who had made profits on his research activities in the past and fully expects to do so in the future.
d) Gail, a taxpayer who writes travel articles. She visits each location only after she has a valid contract with a publisher and keeps her business and personal accounts separate. Her travel expenses and earnings are in line with the earnings and expenses of other travel writers.

Answers

The correct answer is (a) Sara, an independent seller for a cosmetics company, who sells products to friends and neighbors because she enjoys learning about the new products available. She maintains separate business and personal accounts and keeps meticulous business records.

What is an independent contractor?

A self-employed individual or business that is engaged to provide goods or services to another business is known as an independent contractor. As a result, independent contractors are responsible for paying their own Social Security and Medicare taxes. Independent contractors that a company hires are not compelled to get the employment benefits, such as health insurance and employer-sponsored retirement plans, that the company might typically offer to its workers. The payer shall correctly identify each payee as either an employee or an independent contractor. Independent contractors are frequently referred to as "freelancers".

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The existence of cash is always relevant, and valuation ______ a relevant assertion for the cash account

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The existence of cash is always relevant, and valuation may not be a relevant assertion for the cash account with an instant cash payment basis.

What is a cash account?

Any kind of business-to-business or some business-to-consumer account that is accredited on an instant payment basis, with no credit or valuation being granted, is referred to as a cash account.

In a cash account, the investor must pay the entire price for any securities they wish to purchase.

Any transaction on a cash account must be paid in full of sufficient funds on the settlement date. Cash accounts are a form of brokerage account.

What is existence assertion?

The existence assertion ensures that the information presented exists with proof and is free from fraudulent activity. This assertion is a test to the fact that this is a complete cash existence assessment and has all the items included in the statement for a given accounting period.

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Suppose the npv of project a is $30 and that of project b is -$60. assuming projects a and b are independent, then the npv of the combined projects is?

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The net present value of the combined projects is $90.

Net existing cost (NPV) is the difference between the current cost of money inflows and the existing value of money outflows over a length of time. NPV is used in capital budgeting and funding planning to analyze the profitability of a projected investment or project.

Can you examine NPV of tasks with different lives?

A approach of evaluating tasks of unequal lives that assumes that each venture can be repeated as many instances as vital to reach a common life span; the NPVs over this lifestyles span are then compared, and the challenge with the greater frequent life NPV is chosen.

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According to the residual dividend model, what takes priority over distributing dividends? establishing a target payout ratio financing planned projects paying off debt increasing share price

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The approach to residual dividend policy is based on the idea that a company's ideal distribution strategy depends on its intended capital structure, its investment prospects, and the cost and availability of outside capital. On the basis of the residual earnings, the company distributes money.

What Is a Residual Dividend?

The amount of dividends given to shareholders under a residual dividend policy is equal to the profits remaining after the company has paid for its capital expenditures and working capital expenses. Companies that follow a residual dividend policy employ available revenues to pay dividends to shareholders before funding capital expenditures. As a result, each year's dividend payments to investors will differ in size.

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The person who draws or creates the check or draft is called the __________. the person who receives the money is called the __________.

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We refer to the person who writes the check or draft as the "Drawer." If someone receives the money, we refer to them as the "Payee." Both Drawer and Payee are using commercial paper as negotiable instruments.

The term "Commercial Paper" is frequently used in the legal industry to refer to negotiable instruments or variety of contractually enforceable and commercially acceptable documents to transfer money from one person to another, such as:

notes (promissory notes)checksdrafts 

While we refer to a person as the "Holder" if commercial paper is in their hands, the Drawer is still the one who is accountable for paying the money when it comes to checks and drafts.

Remember, any written document that possesses the fundamental components of negotiability—when it is signed by what we call the Drawee and then delivered—is regarded as a valid check.

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In the ______ step of the stakeholder impact analysis the firm identifies their stakeholders' interests and claims according to the power, legitimacy, and urgency framework.

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Companies identify the stakeholders who presently have or may in the future have a meaningful impact on the company in the first step of a stakeholder impact analysis.

The application of analytical tools and procedures to study how corporate actions may affect stakeholders is known as a stakeholder impact analysis or stakeholder analysis. Stakeholder impact analysis measures and analyzes the impact of business choices on the business's stakeholders using analytical tools and techniques. It is a crucial duty for business management. Making decisions pertaining to production, distribution, and final sales is done using it to develop business strategy

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What does the phrase ""no taxation without representation"" mean? is it still relevant today?.

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The phrase taxation without representation represents a populace that is required to pay taxes to a government authority without including any say in that government's policies.

What is meant by Taxation?

The loss of benefit as a result of a change in choice is another way to explain it. Taxes are levied on tangible property, including real estate and business dealings like stock sales or home purchases. Income, corporate, capital gains, property, inheritance, and sales taxes are among the different types of taxes.

There is still unrepresentative taxation in existence today. DC, Washington and U.S. territories are required to pay federal taxes despite not having elected representatives with voting powers to represent them in Congress (though the taxes that apply to those individuals vary depending on where they live). The expression was used in opposition to the imposition of tariffs on in-demand items. The colonists were further incensed by the lack of a voice in politics to protest taxes.

Hence, The phrase taxation without representation represents a populace that is required to pay taxes to a government authority without including any say in that government's policies.

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Jamie, a missouri licensee, is employed by a company that also owns a title company, to whom he refers clients. this is known as ______.

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Jamie, a Missouri licensee, works for a business that also owns a title company, which he recommends to clients. Controlled business arrangement is the term used for this.

A controlled business arrangement is one in which a person in a position to refer business incident to or involving a federally related mortgage loan, or an associate of that person, has either an affiliate relationship with or a direct or beneficial ownership interest of more than one (1%) percent in a provider of settlement services; and either of those people refers such business to that provider either directly or indirectly.

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Payments for advertising, equipment repairs, utilities, and rent are liabilities. True or false?.

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Payments for advertising, equipment repairs, utilities, and rent are liabilities: False.

What is liability?

In Financial accounting, liability can be defined as the amount of money that is being owed by an individual or organization to another. This ultimately implies that, liability is a debt being owed and as such, it usually has "payable" in its account title on the balance sheet.

What is an expense account?

An expense account can be defined as a type of account that include an amount of money (funds) that are paid to an employee by an employer of labor, so as to enable the employee spend the fund on things related to his or her job.

In Business management, some examples of an expense account include the following:

RepairsAdvertisingRentInterestUtilities

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In a new margin account, a customer sells short 1,000 shares of xyz at $30 per share and deposits the required margin. if the stock subsequently falls to $25 per share, the equity in the account is?

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The equity in the account is 20000.

Equity isn't taken into consideration as an asset or a liability on an enterprise's monetary statements. fairness is what you get when you subtract liabilities from assets. equity is meditated on an agency's stability sheet.

Fairness profits refer to income that is acquired through inventory dividends. A dividend is basically a reward paid to shareholders for or their investment in an organization, that is commonly paid from the corporation's internet income.

Equity is also referred to as internet really worth or capital and shareholders fairness. This fairness will become an asset as it's far something that a homeowner can borrow in opposition to if need be. you can calculate it by way of deducting all liabilities from the entire fee of an asset: (equity = assets – Liabilities).

The beginning equity is $15,000 (CR − SMV = EQ, or $45,000 − $30,000 = $15,000). If the market value falls to $25,000, equity is determined as $45,000 minus $25,000 equals $20,000.

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Groups that retain a substantial part of the language, customs, or social views of their original cultures are refered to as:_______.

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Groups that retain a substantial part of their original cultures' language, customs, or social views are referred to as cultural characteristics.

What are cultural characteristics?

Culture is learned, shared, founded on symbols, integrated, and dynamic, among other things. These commonalities exist throughout all cultures.

Culture can be acquired. Learning culture is largely unconscious. We pick up culture from our family, friends, schools, and the media. Enculturation is the process of becoming accustomed to a new culture. All humans have basic biological requirements like hunger, sleep, and sex, but there are cultural differences in how we meet those needs.

Cultures coexist. We are able to act in socially acceptable ways and predict how other people will respond because we share a common cultural background with the other members of our group. Despite the fact that cultures are shared, this does not imply that they are all the same (the same).

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two challenges ubuntu has experience​

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Raring Ringtail, the most recent release of Ubuntu, is marketed as user- and business-friendly.

Even if there are still considerable barriers in the way of its general acceptance in the workplace, Ubuntu 13 might be a viable solution if your employees simply use the browser to access programs and your business-friendly doesn't require complicated spreadsheet macros or document formats.

Both the initial installation and the upgrade from an earlier Ubuntu version went smoothly. Wi-Fi worked right out of the box, installation took around 20 minutes overall, and there were no driver problems. MP3 support is not pre-installed, however it is available during installation.

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Closing entries move the balances from the ______ accounts into the retained earnings account.

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Closing entries transfer the balances from the Temporary accounts into the Retained Earnings account.

What are closing entries?

Closing entries journal entries are utilized to empty temporary accounts at the end of a reporting period and share their balances into permanent accounts.

A closing entry is a journal entry created  at the end of the accounting period. It concerns shifting data from temporary accounts on the income report to permanent accounts on the balance sheet.

A temporary account is a statement that is closed at the end of every calculation period and starts a new term with a zero balance.

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The price of computers has fallen each year for the last 30 years. this is probably an example of the working of:________

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Over the last 30 years, the cost of computers has decreased annually. This is possibly an illustration of how the economic force operates.

How does the economic force work?

Economic conditions and commercial markets don't exist in a vacuum. Other factors have a direct impact on local and global economic conditions. Economic forces include elements like monetary and fiscal policies, interest rates, employment rates, inflation rates, demographic shifts, political shifts, energy, security, and natural disasters.

Each of these has an immediate impact on the manufacturing and distribution processes used by firms. The economy reflects how these business-related economic forces are playing out.

The following four major economic trends or forces have an impact on contemporary business markets:

Government involvementWorldwide business transactionsPossibilities and anticipationProduct supply and demand.

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Primo remo cars recalled one of its car models after it learned about a defect in its engine. by doing so, it met all the expectations of its customers. this is an example of a:___________

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This is an example of a Accommodative strategy  According to the definition of an accommodating approach, management may see CSR activities favorably and be prepared to partake in them to some extent or to allocate some corporate funds to them.

The Age of Greed is characterized by defensive corporate sustainability and responsibility (CSR), in which all corporate sustainability and responsibility practices, which are typically limited, are only implemented if and when it can be demonstrated that shareholder value will be preserved as a result.What does tolerant social responsibility entail?The tactic of accommodating social responsibility is employed when a business decides to take ownership of certain issues and initiate solutions.

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Thomas co. sold $1,000 worth of merchandise on a bank credit card less a 3ee. the entry to record the sales transaction would include a debit to cash in the amount of?

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The amount of the sales transaction would include a debit to cash is $970.

How is the percentage determined?The percentage is a value that has been multiplied by 100. In this manner, expressing 25% of a value is equivalent to expressing 25% out of 100, or 25% divided by 100. Simply multiply the total by the percentage to determine the precise number of absentees from the event.

So: 160 x 25% = 160 (25/100) = 160 x 0.25 = 40

This is so that the cash sum received will be equal to the sales values multiplied by one less the credit card fee.

1000 x (1-0,03)

1000 x 0,97 = 970$

So, the amount of debt to cash that would entry to the record sales would be 970$.

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______ decisions affect how the firm is run from day to day; they are the domain of operations managers, who are the closest to the customer.

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Operational decisions affect how the firm is run from day to day; they are the domain of operations managers, who are the closest to the customer. Hence, the correct answer is operational decisions.

What is an operational decision?

Operational decisions are those decisions that are adjusted on several occasions as situation demands in correspondence to the current external and internal conditions, which usually have impacts for no longer than a year or even a day.

Therefore, the correct answer is as given above

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The difference between the method of limits and the method of adjustment is that, in the method of adjustment, stimulus intensity is changed in a ____ manner.

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The method of limits and the method of adjustment are different in that the stimulus intensity in the latter method is changed in a continuous manner.

A researcher would present the stimulus in either ascending or descending order to ascertain the smallest amount detectable in order to evaluate absolute threshold using the method of limits. For instance, you might be asked if you can see something while being exposed to a lot of light. The intensity of the light would be reduced during the following test. Until you report that you can no longer see the light, this would continue. Due to the fact that we begin with something large and work our way down, this would be the declining limits technique.

In the adjustment approach, the stimulus is constantly adjusted by the observer or researcher until they can or cannot notice it. As opposed to the method of limits, this does not require a yes/no response from the subject on every trial. They are in charge of controlling the stimulus themselves. You might have a knob you can crank till you can barely smell the aroma, for instance, if you were asked to name the scent of exercise socks.

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An additional worker is hired for an hour at a wage w = $12. the worker produces 4 hamburgers per hour with a price of $3 per hamburger. the real wage paid to the worker is:____.

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The real wage paid to the worker is 4 hamburgers per hour.

What is Wage?A wage is the sum of money that an employer pays an employee for work that was completed within a certain time frame. The minimum wage, prevailing rate, annual bonuses, and remunerative rewards like prizes and tip payments are a few examples of wage payments.It is broken down into two parts: a direct cost made up mostly of gross pay plus various benefits; and an indirect cost made up primarily of traditional and legal employer contributions and other fees.Regular and supplemental pay can be divided into two groups.The number of hours worked multiplied by the employee's hourly wage can be used to determine gross wages for hourly workers.

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A company may properly classify an asset that provides benefits for 15 months as a current asset if:______

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A company may properly classify an asset that provides benefits for 15 months as a current asset if the asset's useful life cannot be separated into time segments.

How Do Current Assets Work?

All assets possessed by the company that can be turned into cash within a year are recorded in the Current Assets account, which is a line item on the balance sheet under the Assets heading. Current assets are items whose value is shown in the Current Assets account.

Cash, cash equivalents, receivables, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets are examples of current assets. Current Accounts are another name for current assets.

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To open an options account, inquiry must be made as to the customer's? i investment objective ii investment experience iii financial situation iv financial needs

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In order to open an options account, enquiry should be made to the customer's financial situation.

So, option iii) Financial situation is the correct answer.

The customer's financial situation and needs must be investigated prior to opening an options account in order to make appropriate customer recommendations and determine whether it is appropriate to open the account. This investigation will also help determine any restrictions that should be included in the options agreement.

An options contract is an arrangement between two parties to enable a prospective transaction on an underlying security at a predetermined price, known as the strike price, before or on the expiration date. Options are financial products whose value is derived from underlying equities like stocks. Depending on the type of contract they possess, an options contract gives the buyer the choice to buy or sell.

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You can introduce new research material in your recommendations chapter. True / false

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True. You can introduce new research material in your recommendations chapter.

Documents, records, software, information, data, and other physical work products created or developed during the course of, or in connection with, the research activity are referred to as research material.

Materials and procedures

One of the most crucial criteria used to assess the paper's overall quality is the study's methodology. The Methods section should also provide readers with enough details so they can replicate the studies. Reviewers should search for areas where greater justification is required as well as potential sources of bias in the study's planning and execution.

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If+actual+unemployment+is+6.2%+and+the+natural+rate+is+4%,+cyclical+unemployment+is:___.

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If actual unemployment is 6.2% and the natural rate of unemployment is 4%, cyclical unemployment is 2.2%.

What does the term unemployment mean?

Unemployement refers to the situation where a person actively searches for employment but is unable to find work.

Unemployment can be measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force. There are three main types of unemployment that are cyclical, structural and frictional unemployment.

Basically, unemployment is the situation where people who want jobs cannot get them.

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The portion of net income that the company has kept over a period of years and not used for dividends is called?

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Retained profits is the term used to describe the portion of net income that a corporation keeps over time without paying dividends.

Retained profit is the portion of a company's net income that is held internally rather than distributed to shareholders. A company's long-term financial stability can be strongly predicted by its retained earnings.

As a measure of a company's financial soundness, retained profit is crucial for investors to comprehend. Numerous purposes can be served by operational gains. Although paying corporation taxes is required, there are some choices to be taken regarding what to do with the remaining profit.

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The fixed assets turnover ratio of gd products is 13.6 and that of its competitor, ap goods inc., is 6.0. what does this financial data primarily imply?

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In comparison to its rival, AP Goods Inc., GD Products Inc.'s receivables turnover is 13.6 compared to 6.0. This financial information primarily suggests that GD Products collects receivables more quickly than AP Goods.

Financial data is information about a person's or an organization's financial transactions. Both creditors and lenders utilize this data to determine the credit risk.

What makes financial information crucial?

Financial reports are crucial. They are a valuable source of knowledge regarding a company's operations and financial standing.

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To understand how much improvement potential there is one must first measure what percentage of a machine's or a worker's?

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To understand how much improvement potential there is one must first measure what percentage of a machine's or a worker's capacity is used productively.

More about machine's or worker's capacity:

It is possible to study patterns in salary growth, wage levels, and technical advancement by further segmenting labour productivity. Productivity increase is directly related to corporate earnings and shareholder returns.

Knowing and acknowledging areas for development is a sign of modesty and is a strength in and of itself. Utilizing strengths and using it productively is essential to the value we provide to our business, our team, and other employees. Yet, even with our strengths, we can be cognizant of how we may better even these gifts.

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An amount of fissionable material that sufficient to sustain a chain reaction at a constantly increasing rate is called a:________

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A supercritical mass is a quantity of fissionable material sufficient to maintain a chain reaction at a steadily increasing rate.

What does "critical mass" mean?

When a developing business reaches critical mass, it becomes self-sufficient and no longer need outside investment to remain profitable. It is a critical stage in the evolution of a developing business. The mass of this material is referred to as supercritical if there is sufficient radioactive material for the chain reaction to proceed at an exponential pace. In nuclear physics, the critical mass is the smallest quantity of a particular fissile material required to produce a self-sustaining fission chain reaction under certain circumstances. But for the reaction to continue, there must be enough Uranium-235 nuclei positioned close enough together. To put it another way, a "critical mass" is needed. Free neutrons will escape if there is insufficient mass, which will cause the fission process to stop.

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The _______ the default risk of a security, the _______ the interest rate demanded by the buyer.

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The HIGHER the default risk of a security, the HIGHER the interest rate demanded by the buyer.

The risk that a lender assumes in the event that a borrower won't be able to make the necessary payments on their debt obligation is known as default risk. Almost all types of credit extensions subject lenders and investors to default risk.

Default risk is a particular kind of which risk?The possibility that a borrower would miss a payment or default on a loan is known as default risk, a subcategory of credit risk (any type of debt). An issuer of bonds, for instance, may fail to make principle repayments or interest payments.

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You are an occupational health nurse in a large ceramic manufacturing company. how would you intervene to prevent occupational lung disease in the employees of the company?

Answers

As a health nurse here are some prevention methods for lung diseases for the people that work in ceramic industry that everyone should be aware of:

Make sure to use a ceramic mask when you are working or mixing the clay to make sure you do not inhale any fine particles.At all costs unnecessary exposure to the dust should be avoided as these dust particles when inhaled decrease the lung capacity.Do not eat or drink at your working place as these will again go through your system leading to any damages.Always be aware of the ingredients that are using if they are harmful the management should be made aware so that it doesn't harm when working with them.Good and clean working environment with a flow of fresh air should be insured.

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Connor and demi are employees of ecocrop corporation. under the equal pay act, ecocrop can legitimately pay different wages on the basis of:_________

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Connor and demi are employees of Eco crop corporation. under the equal pay act, Eco crop can legitimately pay different wages on the basis of seniority.

What is a Wages?

A wages is the amount of money that an employer agrees to pay a worker in exchange for their services. Actual earnings come in a variety of forms, including the following:

Piece rates are the remuneration given in accordance with the job completed by the employee. The quantity of units generated by the employee is taken into account while calculating the piece rate.Time earnings are earned when a worker is compensated for his or her labor in accordance with the passing of time. For instance, time wages would apply if the worker received 35 rupees  per day.

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Weighted moving average forecasting is suited particularly well for what kind(s) of data sets? Understanding the external business environment requires marketers to be aware of:____, The process of ________ increases the range of stimuli to which a cr will be made, while ________ decreases, or narrows, the range of stimuli to which a cr will be made. When assessing if a procedural risk to a client is justified, the ethical principle underlying the dilemma is known as what? How does the author use the setting, the narrator, and characters to develop layers of meaning and tone throughout the story the refusal? What might be the authors purpose for writing this story? Use evidence from the text to justify your reasoning. At a rate of 42 miles per hour, it takes Henry 9 minutes to drive from the library to his house. Show how to find the distance that Henry traveled. Which of the following is not cause by human interaction with the earth system every year from 2002 to 2014 either joey chestnut of california or takeri kobayashi of japan won the contest. in the five of those years both men completed and the results od the rivalry are shown in the table below. ( after the tie in 2008 joey chestnut won in aan overtime) because the condition of the year natter this is a matched pairs situation witht he twi men going against each year. in a matched pair situation we ise the summary statistica of difference between paris of values Choose the correct answer.The assassination of which president moved Congress to support civil service reform? A. Grover Cleveland B. Rutherford B. Hayes C. James A. Garfield D. Chester A. Arthur 2|x|-9 translate 6 units up In considering the responsibilities of each layer of the osi model, what statement accurately reflects those of the presentation layer? The us-american time orientation is generally __________. polychronic future oriented loose long-term oriented Exercise 1 Write s if the sentence is simple or c if it is compound. The parade moved from the boulevard to the park. 7. Please provide the correct form of the verb in the preterite tense.Juan____(lavar) los platos anoche.what is question 7&8 1.) Hola Profesora Paquette, Cmo est usted? How do the scientific attitudes three main components relate to critical thinking? The circumference of (distance around) a circle is times the diameter, or C = d. A side of the square is the diameter of each half circle. In your answer to question 1, you gave the number of complete circles included in the track. Use this answer and C = d to find the approximate length of the circular part of the track to the nearest tenth of a foot. Use 3.14 for and show your work. Why do people use impression management? they are sensitive about how others see them they prefer impression management over unfocused interactions they want to protect personal space A town's employment statistics show that 855 of its residents were unemployed last month. This is a decrease of 25% from the previous month. How many residents were unemployed in the previous month? Hieroglyphic script on public and religious monuments was