if the equilibrium price is $0.85, what is the firm's profit? a. 40 b. 30 c. 50 d. 45

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Answer 1

Without additional information, it is impossible to determine the firm's profit based solely on the equilibrium price of $0.85.

Can the firm's profit be determined based solely on the information that the equilibrium price is $0.85?

The equilibrium price represents the price at which the quantity of a good demanded by consumers equals the quantity supplied by producers.

At this price, there is neither excess demand nor excess supply in the market.

To determine the firm's profit, we need to know the firm's cost structure and revenue.

The revenue would be determined by the quantity of goods sold at the equilibrium price, and the cost would be determined by the firm's cost structure.

The profit would be the difference between the revenue and the cost.

Therefore, we would need additional information such as the firm's cost structure, quantity of goods sold, and revenue per unit to determine the firm's profit.

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Related Questions

When sales agent jane first contacted john, after her three-month vacation to barbados, was seller john her client?

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If  sales agent jane first contacted john, after her three-month vacation to barbados. No, seller john  was not her client?

Who is a sales agent?

A sales agent can be defined as someone whose sole responsibility is to sell product to potential customers and to as well market product to buyer.

Hence, seller John is not her client based on the fact that both John and Jane did not agreed on any agency relationship terms and agreement.

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Answer:Yes. Jane was negligent in the process she used to arrive at a list price.

Explanation:

The answer is yes. Jane was negligent in the process she used to arrive at a list price. She did use her list of already sold properties as comparables to arrive at a price for the listing for John's home. However, she completely failed to do the following: 1) research the statistics on properties that were previously listed but did not sell (expired listings); 2) research the statistics on properties currently on the market; and 3) use comparables of properties sold during the three-month period she was on vacation.

Assuming that prices rise over time, which inventory cost flow assumption will result in the lowest pretax income?

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Assuming that prices rise over time, the inventory cost flow assumption that will result in the lowest pretax income is "first in, first out" (FIFO).

FIFO stands for "first in, first out" and assumes the first items entered into your inventory are the first ones you sell. FIFO inventory costing method is used for cost flow assumption purposes.

The FIFO method assumes that the oldest products in a company's inventory have been sold first. Theus, the costs paid for those oldest products are the ones used in the calculation.

Pretax earnings is a company's income after all the operating expenses have been deducted from total sales or revenues.

Hence, the inventory cost flow assumption that results in the lowest pretax income is "first in, first out" (FIFO).

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Which one of these is a disadvantage of the corporate form of business? multiple choice access to capital unlimited personal liability for owners limited firm life legal requirements

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Double taxation to shareholders of distributed earnings and dividends, is a disadvantage of the corporate form of business.

Due to the movement of funds from the corporation to the shareholders when a company chooses to pay out dividends, the government taxes the earnings twice.

The business is first taxed at year's end when it is required to pay taxes on its profits. When the shareholders get dividend payments from the business's post-tax profits, a second tax is levied.

The shareholders pay taxes twice: once as owners of a business that generates profits and once as individuals who are required to pay income taxes on their individual dividend income.

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A buyer is closing with a purchase price of $232,000 and a down payment of 10%. He will pay the doc stamps on the note and the intangible tax on the mortgage. What are the transfer tax charges to the buyer

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The transfer tax charges $731 for the note;  the intangible tax is $417.60 for the mortgage.

The sale price is a commission to the buyer and a credit to the seller (the seller receives the sale price minus the closing or commission, and the buyer subtracts the deposit and loan adjustments from the sale price. Pay.)

State of Intangible Assets Mortgage tax is paid only on all new mortgages. This is calculated at a rate of 2 mils ($ 0.002) for the total amount of the new mortgage. No intangible tax will be paid if a mortgage is set up or if ownership of the property is considered "subject" to the mortgage.

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The types of societies most likely to recognize women’s economic and reproductive contributions, as well as be more egalitarian in terms of gender relations, are:________

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Foraging and horticultural societies are most likely to recognize women’s economic and reproductive contributions, as well as be more egalitarian in terms of gender relations. These groups could be local, regional, national, or even global. They are also grouped together.

People who lived in foraging communities lacked a reliable supply of sustenance. They relied on nature since they hunted and collected food. This method of obtaining food had a number of social repercussions. Gender equality was likely present since both men and women were actively seeking food. A group dedicated to the research and cultivation of cultivated plants is known as horticultural societies.

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Ted and Carol want to buy a house that is listed for $105,000. The seller accepts the offer they wrote for $5,000 less than list price. They have a 2.091.

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The monthly PITI payment will be $618.90.

How to calculate the payment?

Price of property after discount = 105000 – 5000 = $100000

Loan amount = 80% of the price after discount = $80000

Monthly interest rate R = 5.5%/12 = .458%

Let, the monthly payment (without tax and insurance) = EMI

Time (n) = 360 months (30 years)

Then,

80000 = EMI*(1-1/(1+R)^360)/R = EMI*(1-1/1.00458^360)/.00458

80000 = EMI*176.1996

EMI = 80000/176.1996

EMI = $454.03

Final PITI EMI = EMI + monthly tax + monthly insurance

Final PITI EMI = 454.03 + 1494/12 + 480/12

Final PITI EMI = 618.90

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In a situation where the seller negotiates a contract contingent upon being able to find a new home to purchase, who needs to be protected

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The buyer needs to be protected. In a situation where the seller negotiates a contract contingent upon being able to find a new home to purchase.

A "contingent agreement" is a settlement to do or now not to do something, if some event, collateral to such settlement, does or does now not show up. example. A contract to pay B Taka 10,000 if B's residence is burnt. this is a contingent agreement. Enforcement of contracts contingent on an occasion taking place.

A contingent settlement is an agreement that states which actions under sure conditions will result in specific outcomes. Contingent contracts usually arise while negotiating events fail to attain a settlement.

In simple words, contingent contracts, are those in which the promisor carries out his obligation simplest whilst sure situations are met. The contracts of insurance, indemnity and assurance are some examples of contingent contracts.

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An example of a financing activity is:

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Borrowing and repaying short term loans.

The cost object(s) of the activity-based costing method is(are)?

Answers

Answer: The production activities in the first stage and the unit of product in the second stage.

Explanation:

The par value of common stock must always be equal to its market value on the date the stock is issued.

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TRUE, the par value of the common stock must always be equal to its market value on the date the stock is issued

The par value of the common stock must always equal the market price on the date the stock was issued. The issuance of common stock affects both paid-in capital and retained earnings. If the preferred stock has a par value of $50 and the dividend is estimated at 8%, the dividend per share will be $4.

Par value is the value of one share of common stock as set forth in the company's articles of incorporation. It usually has nothing to do with the actual value of the stock. In reality it is often lower. Share certificates issued against the shares purchased show the par value. When approving shares, the company can choose whether to assign a par value.

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Which factors should be considered in the process of determining an advertising budget?

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Factors that need to be considered while determining an advertising budget are:

Type of media to be used and its frequency too. Frequency means how many times the advertisement will be shown over the media.

Market share of the product. It means to capture the highest number of customers in the market by making the product unique.

Life cycle stage of the product. It is the time that has been spent after the launch of the product. Suppose if the company is a new comer then the advertisement budget of the company must be high.

Competition and clutter. It is the number of competitors that any product or company can have. More the competitors more should be the advertisement budget.

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When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is _________, so the quantity of money demanded will be _________.

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When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is low so the quantity of money demanded will be high.

If interest rates go up, the demand for money will go down. Once it equals the new money supply, there will be no more difference between how much money people are holding and how much they want to keep, and the story is over. This is why (and how) a decline in the money supply raises interest rates.

As interest rates rise, the amount of money demanded decreases because the opportunity cost of holding money decreases. As interest rates rise, aggregate demand shifts to the left. The interest rate effect arises from the idea that higher price levels reduce the real value of household holdings.

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Suppose that an MBA degree creates no externality because the benefits of an MBA are captured by the student in the form of higher wages. If the government offers subsidies for MBAs, then which of the following statements is correct

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The statement is TRUE.

Suppose that an MBA degree creates no externality because the benefits of an MBA are captured by the student in the form of higher wages. If the government offers subsidies for MBAs. The equilibrium quantity of MBAs will be greater than the socially optimal quantity of MBAs.

MBA socially optimal quantity?

The equilibrium quantity of MBAs will equal the socially optimal quantity of MBAs.

The condition that exists when the market is in equilibrium, or when Social Marginal Cost equals Social Marginal Benefit, is known as a social optimality condition in economics. Normally, the social optimality criterion is satisfied in the absence of externalities. When externalities are absent, equilibrium is reached and there is no market failure.

In this case, it is made very apparent that there are no externalities because the advantages of having an MBA solely increase the income of their owners. If there are no externalities, then the market for MBAs is in equilibrium If the government finances MBA programs, possibly through lower taxes, then only MBA holders will profit and others without an MBA will not. This suggests that the MBA market's equilibrium amount is higher than the socially optimal quantity since one sector of the economy (the MBA market) benefits more than the rest of the economy (equilibrium for the rest of the economy).

The statement is therefore, TRUE.

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Which statement is TRUE regarding gross living area (GLA) in an exterior-only inspection appraisal for Fannie Mae

Answers

The appraiser must identify the data source for the GLA.

Is TRUE regarding gross living area (GLA) in an exterior-only inspection appraisal for Fannie Mae

Property valuation, property valuation, or land valuation is the process of creating a property valuation (usually market value). Real estate transactions are traded daily and, in contrast to corporate stocks that are identical, are infrequent and each property is unique (especially its condition, an important factor in valuation) and may require the valuation.

The location also plays a decisive role in the evaluation. However, real estate cannot be relocated, so it is often the upgrade or improvement of a home that can change its value. Evaluation reports are the basis for mortgages, real estate planning, divorce, taxation, and more. Valuation reports are sometimes used to set the sale price of a property.

In addition to various compulsory education levels from finance to civil engineering, most, if not all, countries require appraisers to be licensed to practice.

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A division reports the following figures: Sales = $14,000; Net income = $2,800; Average assets = $28,000. The division's profit margin is

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The division's profit margin is 0.20.

What is the profit margin?

Profit margin is an example of a profitability ratio. Profitability ratios measures the efficiency with which a company generates profit from its asset

Profit margin = gross profit /  sales

2800 / 14,000 = 0.20

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The medical assistant should let Ms. Rainwater know only three visits have been approved by the insurance company to see Dr. Bronchi.

Answers

The main reasons for Ms. Rainwater's visit to the office is to see the chief on complaint as New patient.

Which scenario depicts a new patient visit?

This refers to a patient who has not been in the office for more than three years.

Most time, when scheduling a new patient, the MA may ask the patient to arrive 15 minutes prior to their scheduled appointment.

Also, it is a norm that medical assistant should let Ms. Rainwater know only three visits have been approved by the insurance company to see Dr. Bronchi.

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What is the after-tax cost of debt for a firm with pre-tax cost of debt equal to 10% and a tax rate of 40%?.

Answers

The after-tax cost of debt for a firm with a pre-tax cost of debt is equal to 10% and a tax rate of 40% is 6%.

How Much Does Debt Cost?

The effective interest rate that a business pays on its debts, such as bonds and loans, is known as the cost of debt. The cost of debt may be expressed as either the before-tax cost of debt, which is the amount owed by the business before taxes, or the after-tax cost of debt. The fact that interest expenses are tax deductible accounts for the majority of the difference between the cost of debt before and after taxes.

How is the after-tax cost of debt determined?

The initial cost of debt is the first cost of debt with the impact of the additional income tax rate taken into account. It is calculated by deducting the company's incremental tax rate from 100% and multiplying the result by the debt's interest rate. The equation is:

Debt service costs before taxes (100 percent - incremental tax rate)

= Debt's after-tax cost

Calculation:

10% * (100% - 40%)

= 6%

Therefore, the after-tax cost of debt for a firm with a pre-tax cost of debt is equal to 10% and a tax rate of 40% is 6%.

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he only stable isotope of fluorine is F. What type of radioactivity would you expect from the isotope F, which has one fewer neutron

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The only stable isotope of fluorine is F is F¹⁹which has one fewer neutron and displays β + decay of radioactivity

What is Beta decay (β+ decay)?

In nuclear physics, beta decay, also known as β-decay, is a type of radioactive decay in which an atomic nucleus emits a beta particle (a fast energetic electron or positron), which changes the original nuclide into an isobar of that nuclide.For instance, in so-called positron emission, a proton is transformed into a neutron by the emission of a positron along with a neutrino, while in beta decay a neutron is transformed into a proton by the emission of an electron along with an antineutrino.Prior to beta decay, neither the beta particle nor the associated (anti-)neutrino are present in the nucleus; instead, they are produced during the decay process. This procedure gives unstable atoms a protons-to-neutrons ratio that is more stable.

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In a bilateral monopoly, how are wages and level of employment determined compared to the competitive labor market case?

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Bilateral monopolies determine wages and level of employment when compared to the competitive labor market, in an indeterminate manner.

What is an indeterminate wage level policy?

This refers to the fact that the wages in a bilateral monopoly have no set way of being determined because the factors affecting employment can change based on the goods being produced.

Some goods will lead to wages and level of employment being quite competitive like the competitive labor market, while others will lead to low levels of competition which would lead to higher wages.

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The product alternatives a customer knows about are referred to as the?

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The product alternatives a customer knows about are referred to as the evoked set.

An evoked set is defined as the brands that come to a consumer's mind when the consumer feels need  for any product or service . These brands are generally considered as acceptable brands which are based on the consumer’s perception about their products, and their brand equity with the consumers.

The evoked set can  also include both the  brands that the consumer has purchased  before, also the  brands which they’ve never purchased from the company.

It is very important to be a part of a customer’s evoked set because -brands which are a part of the consumer's evoked set generally have an opportunity to earn them as a customer or a repeated customer. It is mostly critical situation  that  when brands earn this status for their target audience, as it is a necessity to sell their product or service.

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Explain the public attitude the dealers had toward kino and his ""pearl of the world""? why was it different than their private attitude (what they thought behind kino’s back)?

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The public attitude the dealers had toward Kino and his "pearl of the world" was that, in public, the dealers said the color was off and because it was so large no one would buy it.

The pearl dealer inspects the pearl and tells Kino that his pearl is like fool's gold, as it is too large and valuable only as a curiosity. So, none of the dealers make an offer to buy the pearl.

The dealers believed that Kino would not know any better and would believe the lies they were telling him about his "monstrosity of a pearl". Their private attitude was different as they wanted to pay less for it.

Hence, the public attitude was different than the private attitude.

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If the balance on goods is --$816 billion and the balance on services is $107 billion, what is the balance of goods and services in the current account?

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If the balance on goods is --$816 billion and the balance on services is $107 billion, what is the balance of goods and services in the current account will : increase by $709 billion.

Balance of goods and services in the current account

Using this formula

Balance of goods and services= Balance on goods +Balance on services

Where:

Balance on goods= --$816 billion

Balance on services =$107 billion

Let plug in the formula

Balance of goods and services= --$816 billion +$107 billion

Balance of goods and services=  $709 billion Increase

Therefore If the balance on goods is --$816 billion and the balance on services is $107 billion, what is the balance of goods and services in the current account will : increase by $709 billion.

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An employee survey at a company indicates that many employees are unhappy with the retirement plan

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An employee survey is designed to get valuable feedback from employees to help implement changes that create a greater employee experience.

The goal of an employee survey is to gather insightful comments from staff members to aid in the implementation of improvements that improve the employee experience. These surveys eventually assist HR in developing strategies and planning efforts that boost retention and engagement among staff members, which may result in a more successful firm.

Employee Survey's attitudes towards management are intended to reveal these feelings. The management can learn what employees are thinking and feeling about brand-new changes to the organization by using sentiment analysis.

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Which of the following is(are) used to capture specified transaction data in an aggregated and summarized form that enables users to analyze the data as needed. Group of answer choices Reporting Evaluating Information Structures Period Definition Online Analytic Processing (OLAP)

Answers

Information Structures are used to capture specified transaction data in an aggregated and summarized form that enables users to analyze the data as needed.

What is Information Structures?

An information structure viewpoint outlines the data types or information elements that make up the structure of the information used throughout the organization or in a particular business process or application.

From the business level, through the application level, and down to the infrastructure pieces that implement databases and other permanent storage, it will help visualize the information.

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If you were a security professional in a company, what are four roles (two sets of two related roles) you would separate and why?

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A high-risk transaction refers to transactions that have a high chance that they can lead to losses when a threat occurs and the impact of such loss would be huge.

A good example is when payroll raises approval without enough consideration of the company's revenue structure. This could lead to the company suffering losses.

Separation of duties is important. Below is an example of roles that should be separated:

System configuration and approvals

An IT engineer typically does the configurations and changes to IT devices such as firewalls and intrusion detection systems. However, the chief information security officer is in charge of approving the changes or disapproving them if they do not meet the company recommendations

System Access Permissions

An administrator has to add and edit permissions while a security analyst can only report and do a monitoring role on security incidents that escalate for action to be taken.

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Diversity of the planning group: A. Requires the group leader to control of decision making and action planning. B. Makes it difficult to identify shared goals. C. Often results in more comprehensive and creative planning. D. Creates an obstacle to gaining community acceptance of the plan.

Answers

Option C. Diversity of the planning group: Often results in more comprehensive and creative planning.

What is diversity?

This is the term that is used to refer to a group that is made up of people that are from different cultures, areas and fields.

In such a group there is the tendency for creativity if they are able to work together and share ideas.

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An arrangement of a continuing commercial relationship for the right to operate a business pursuant to the franchisor's trade name or to sell the seller's branded goods is a(n):

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Those who receive a franchise are referred to as franchisees.

Sale of a franchise

A franchise can be sold if a person agrees to buy, license, or otherwise acquire a franchise from a franchise seller. Unless the new agreement has terms and conditions that fundamentally change from the original agreement, it excludes extending or renewing an existing franchise agreement where there has been no interruption in the franchisee's operation of the business. Additionally, it excludes situations in which a current franchisee transfers a franchise to a new franchisee without the franchisor having any meaningful participation. The mere acceptance or rejection of a transfer by a franchisor is not regarded as significant engagement.

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At present, discretionary fiscal spending accounts for approximately _____ percent of the federal budget.

Answers

Answer: 20%

Explanation:

Which shock can the fed deal with most effectively?

Answers

A major oil shock can the fed deal with most effectively.

It is accompanied by an oil crisis, a sudden rise in oil prices, and often a decline in supply. Since oil is a major source of energy for industrialized countries, the oil crisis can threaten the economic and political stability of the global economy as a whole.

In the aftermath of World War II, there were two major oil crises. Oil exports to the United States, Japan, and Western Europe, which consume more than half of the world's energy, are also banned.

The OPEC decision was in retaliation for Western support for Israel against Egypt and Syria during the Yom Kippur War (1973), and the US dollar (the currency used to sell oil) that caused the dollar to undermine OPEC's export revenues. It was done in response to the sustained decline in the.

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Purchasing professionals need to ________ and ________ in order to find the right supplier.

Answers

Answer is  tough question and homework.

The purchasing professional is concerned with ensuring that his or her purchasing actions complement the strategic goals of the firm. The ordinary shopper concentrates on tactical purchases, or just purchasing what is directed to him or her. Self-development is a second factor that separates the purchasing professional. The purchasing professional is always looking for ways to further his or her career by attending training seminars, continuing post-secondary education, reading, and benchmarking the methods of world-class purchasing companies.

The usual buyer would do little more than attend mandated training provided by his or her company. Supplier ties are a third consideration. The buying professional tries to form alliances with world-class suppliers who offer competitive pricing, exceptional quality systems, on-time delivery, and customer centricity.

Therefore, the blank is to be filled by tough question and homework

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Purchasing experts want to difficult query and homework so that you can find the right provider.

Purchasing professionals and shoppers do not forget rate, high-quality, availability, reliability, and technical support whilst choosing providers and products. buyers and buying retailers purchase products and services for businesses to apply or resell. They examine suppliers, negotiate contracts, and overview the first-rate of products.

The certified shopping professional (CPP) software is for experts who've established the skills to successfully enforce advanced purchasing and deliver chain practices as part of a business answer in an enterprise.

The 4 primary roles of procurement:

objective 1: support Operational necessities.objective 2: manipulate the Procurement manner and the supply Base correctly and efficaciously.objective 3: expand sturdy Relationships with different practical companies.objective four: support Organizational desires and goals.

       Case examine.

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Radius is 8 ft. whats the answer find the value of the expression :[tex]{x}^{2} + 2xy + {y}^{2} [/tex][tex]y = \frac{3 + i }{i} \\ x = 2 + 3i[/tex] I'm confused: Atoms combine to form molecules. Which of the following is another example of organization among living things? Tissues combine to form cells. Cells combine to form tissues. Organs combine to form cells. Organs combine to form tissues. Compare the volumes of Prism A and Prism B.The volume of Prism A is ____________the volume of Prism B. PLS, HELP is it A. B. C. D. How did Canada benefit from the National policy PLS HELP!!!! 10PTSReproduction is not a life process still organisms spend a lot of energy on it. Give reason. Write the empirical formula of at least four binary ionic compounds that could be formed from the following ions:Mg2+, V5+, Br-, S2- What does the Panama Canal do? Links the Atlantic and Pacific OceansLinks the Amazon and Colorado riversCuts the country of Mexico in halfNone of the aboveCorrect answer is Links the Atlantic and Pacific Oceans (A) Asap need help plz can figure out these 3 Help rendered in the family and community Write a paragraph describing your favourite country.(60-80words) What are some similarities and differences between the colonial regions?Northern Colonies:Middle Colonies:Southern Colonies: What type of sentence it is? What evidence is there in this document to suggest that the two families are to blame for the deaths of Romeo and Juliet (list two pieces of evidence).PLEASE DO NOT ANSWER FOR NO REASON IF YOU DO I WILL REPORT YOU! [(2 100) , 1/3] + 8 23.450345[tex]23.450 \div 345[/tex] For each of the following scenarios, please decide whether there will be an increase, decrease, or no change in aggregate demand.a. The United States government decides to increase the federal tax rate by 4% for all earners.b. The Federal Reserve, the agency charged with regulating banking and monetary policy in the United States, decides to increase the amount of money available in the economy.c. The newest release of the Consumer Confidence Index shows a steady increase in consumer confidence about the economy.d. A manufacturing boom during the late 1990s has created an oversupply of tractors, a necessary implement in agricultural production. based on what you have learned about imperialism so far, why do you think some countries suffer from poverty, while other countries prosper and have great wealth? Students in Ms. Multifry's class were surveyed about the number of pets they have. Their responses were recorded below:0,0,0,0,1.4,1.4.1.1.2.2.2, 2.3.3.8Describe why a histogram would be used for the data