According to the Statute of Frauds, a general partnership that exists for more than ________ must have a written partnership agreement.

Tie-in-sale  is used to increase the profit by a manufacturer by allowing a consumer to purchase one product if they also buy another product.

A tie-in-sale results from a contract between a producer and a consumer that states that the customer can only get the desired good (the tying good) if he also agrees to buy another good (the tied good) from the producer.

The sale of a product to a buyer with the explicit requirement that a second product be purchased as well.

The second item could not be desired by the consumer or she might be able to find it cheaper elsewhere. Tie-in-sale that impede competition are prohibited.

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The amount of money in the account at the end of the period will be $2907.89.

Step 1: Define

Identify variables

P = 930

t = 19

r = 6% = 0.06

Step 2: Find Interest

Substitute in variables [Compounded Continuously Formula]: [tex]A=930e^{} ^{19*0.06}[/tex]                  

[Exponents] Multiply:    

[tex]A=930e^{1.14}[/tex]                                                                                  

Evaluate exponents:            

[tex]A=930(3.12677)[/tex]                                                                            

Multiply:            

[tex]A=2907.89[/tex]

Therefore, the amount of money in the account at the end of the period will be $2907.89.

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Sampling error occurs when a sample, in some ways, is not representative of the target population. A sampling error is a statistical error that occurs when an analyst fails to choose a sample that accurately represents the entire population of data. As a result, the sample results do not correspond to the results obtained from the entire population.

Sampling is a type of analysis that involves selecting a subset of observations from a larger population. The selection method can result in both sampling and non-sampling errors. Sampling is a type of analysis that involves selecting a subset of observations from a larger population.

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A smart card is an electronic funds transfer tool that can serve as :-

A smart card is a physical card with a chip that acts as a security token. Smart cards are usually the same size as a driver's license or credit card and can be made of metal or plastic.

Wire Transfer (EFT) is a wire transfer over an online network. Wire transfers can be made between the same bank or different banks and can be made using several different types of payment systems.

Online payments via credit, debit, or smart cards are examples of monetary transactions. Another popular example is e-cash.

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The interest rate on secondary credit is set 50 basis points above the primary credit rate.

What is the primary credit rate?

The "Primary Credit" program serves as the main check valve to make sure that the banking sector has enough liquidity.

What is the secondary credit rate?

Depository institutions can apply for secondary credit if they are not qualified for primary credit. It is extended at a rate that is greater than the prime credit rate on a very short-term basis, usually overnight.

What is the interest rate the Fed charges banks?

The Federal Reserve's benchmark interest rate currently sits in the 0.25 to 0.5 percent target range, but as authorities work to curb inflation, they expect it to rise even further in 2022. The fed funds rate would reach its highest level since 2008 if the Fed raises rates by an additional 2.5 percentage points, as predicted by investors.

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M-1 is the money supply term that refers to money that can be accessed quickly and easily.

This refer to the most liquid money that comprised of the currency, traveler’s check, and checking account deposits.

The M1 money supply composed of currency, demand deposits and other liquid deposits such as savings deposits

The formula for getting the M1 is Currency + traveler check + checking account deposits.

Therefore, the M-1 is the money supply term that refers to money that can be accessed quickly and easily.

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The business tactic described in the text that the Bissell brothers used to become business owners is, they are the bosses, which means that they make their own decisions.

Bissell Brothers was founded in 2013 by two brothers, Peter and Noah Bissell which is based in Portland. These two Bissell brothers started their own small business, and they ran their own company, took their own decisions, and did not depend on partners, higher authorities or investors for any ideas.

Hence, they are the bosses of their business. Only when their business grows big, they have managers to help them in their business.

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A few amortizing loans will permit early compensation, thereby erasing any additional hobby you'd in any other case have to pay. With an easy hobby loan, you're much more likely to incur a prepayment penalty, as you are paying an equal amount to hobby on every scheduled fee and the lender is relying on that money.

An amortized loan is a form of mortgage that requires the borrower to make scheduled, periodic bills which might be implemented to both the major and hobby. An amortized loan price first can pay off the hobby expense for the duration; any final amount is positioned toward decreasing the most important quantity.

In its middle, mortgage amortization facilitates your price range for massive debts like mortgages or vehicle loans. it's also a beneficial device to demonstrate how borrowing works. by way of know-how of your fee system up the front, you can see that on occasion decreasing month-to-month installments can bring about larger interest bills over the years, for an instance.

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The action where the manager asks the chef to cook the chicken breasts again is what is called corrective action.

This is an  action that has to be carried out as a way of taking care of something that has not being done in the way that it should have been done. It is the way of getting people to take care of their mistakes.

The manager wants the chef to take care of her mistakes this was the reason why he has asked her to re cook the because the temperature was not right.

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Businesses Fail by Entrepreneur - You start your business for the wrong reasons
There’s No Market or Too Small of a Market
Poor Management
Insufficient Capital
The Wrong Location
Lack of Planning
An entrepreneur can do these things to increase the chance of success Study the competition
Conserve cash no matter how good business is
Research new products and services
Don't tackle huge markets at first
Listen to customer feedback and adapt
Make proper strategy
Target the Customers Your Competitors Leave Behind
Invest in Learning New Skills
Stay Positive
Create a Budget and Stick to It
Focus on Sustainable Growth
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When a company uses a financial model that looks at the current value of cash inflows and outflows using a desired rate of return, this is the Net Present Value.

This is a method of checking the profitability of a project by checking just how much a project brings in over its costs.

The cash inflows and outflows are therefore compared at their present value which involves discounting at a minimum desired rate of return.

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As the balance in the accumulated depreciation increases, total assets because accumulated depreciation is a cumulative account.

Accumulated depreciation is that total amount upto which an asset has been depreciated up until a single point.

In each period, the depreciation expense is recorded in  period in which it is added to the accumulated depreciation balance at the beginning. An asset's carrying value on the balance sheet is obtained by deducting  historical cost from accumulated depreciation. At the end of an asset's useful life, carrying value of the asset on the balance sheet will match salvage value of asset.

Accumulated depreciation is shown on the balance sheet below the line of related capitalized assets. The accumulated depreciation balance keeps on increasing over time by  adding the amount of depreciation expense recorded in  each current period.

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In a process costing system, the application of factory overhead usually would be recorded as an increase in (CPA adapted) Finished goods inventory control.

What is process costing system?

A process costing system serves as a method that manufacturing industry usually used in determining the total production cost for each unit of product.

Hence, In a process costing system, the application of factory overhead usually would be recorded as an increase in (CPA adapted) Finished goods inventory control.

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This is a question on Entrepreneurship. The two sectors where Mama Meals plays are:

Yes. Business plans are essential for laying out the long-term goals of a business.

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Probability

It is a branch of mathematics that deals with the occurance of a random event. The value is expressed from 0 to 1. It predicts how likely events are to be happened .

Step by step solution:

Die has six sides so probability of each is [tex]\frac{1}{6}[/tex] but,

The probability that the die shows a 6 is twice as high as the probability of each of the other numbers.

so,

the probability of 6 is [tex]\frac{2}{7}[/tex] and others probability is [tex]\frac{1}{7}[/tex]

we throw die 70 times

so probability 6 out of 70 throws is

70×[tex]\frac{2}{7}[/tex]

=20              

out of these 70 throws , the probability of die showing number six is 20 times.

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The purely competitive firm can maximize its economic profit (or minimize its loss) only by adjusting its output.

Can a purely competitive firm earn economic profit in the short run?

Businesses can only make money or lose money in a market that is perfectly competitive in the near term. Profits and losses are ultimately eliminated because an endless number of businesses produce uniform, infinitely divisible items.

When should a purely competitive firm produce in the short run?

If a corporation is purely competitive and its total revenue is more than its entire variable costs, it should produce in the near term. If P > ATC, a purely competitive firm will always turn a short-term economic profit.

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When a company has its sales forecasts prepared by management consultants, economists, or college professors, it is using a(n): expert forecasting survey.

A survey is a survey method that collects data from a predefined group of respondents to provide information and insights on a variety of topics of interest. They have multiple purposes, and researchers can implement them in different ways, depending on the methodology chosen and the purpose of the study.

Surveys are used to collect or generate insights in areas such as social surveys and demographics. Research studies are often used to assess thoughts, opinions, and emotions. The survey can be specific and limited, or it can set more global and broader goals. types of surveys and their usage. Most studies fall into three different categories: exploratory, descriptive, and causal. In the world of online research, mastering all three will give you more informed insights and higher quality information.

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The amount that will be taken off the pay check for the 401k retirements plan given all the criteria indicated above is $38.82 (Option D)

Given:

Pay Per Hour: $10.25

Bonus: $15.375‬ for every hour worked over forty hours.

Total Hour worked: 47 Hours

Percentage deductible: 7.5%

Total Pay thus =

(40 *10.25) + (7 *15.375)

= $517.625

Total 401 K deduction thus, =

7.5% * 517.625

401K Deduction total = $38.82

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Full Question:

You make $10.25 per hour. You have 71/2% of your total pay taken out of your check for your 401K retirement plan. How much will be taken out for your 401K if you work 47 hours this week? You get paid time-and-a-half for all hours over 40.

Select one:

A. $36.13

B. $69.02

C. $54.20

D. $38.82

E. $14.35

It should be noted that Student financial aid can be awarded in

the form of:

Student financial aids serves as the financial assistance that is been offered to students by government to support their academic goals so as to be able to help them to achieve their goals.

It should be noted that Student financial aid can be awarded in

the form of Grants as well as Work-study which will allow the student to make a little money to support his academics bills.

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International trade is fundamentally a win win situation.

International trade is the process by which goods and services are traded between countries. People and countries have access to goods and services that are either unavailable or more expensive domestically because to global trade.

The exchange of money, goods, and services across international boundaries or regions is a result of a need or desire for certain commodities or services. The bulk of countries' gross domestic products benefit greatly from this trade.

The most common types of trade restrictions are tariffs, quotas, and nontariff barriers. In international trade, a tariff is an import tax imposed by the federal government that raises the price of the good for the customer. Often referred to as fees or import duties, tariffs usually begin by placing restrictions on certain goods.

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Education for girls is a good investment in low-income countries because better educated women are more likely to have healthier and better-educated children and this will promote economic growth.

Investing in girls education is a good investment in low-income countries because it will provide a boost to a country's economic growth and progress, and will act as a catalyst for gender equality on multiple levels.

Provided with an education, girls are more likely to earn a higher income later in life, increasing their family's overall quality of life.

Hence, girls education also increases the income of girls and leads to growth in GDP.

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The issues of training, absenteeism , productivity and morale should be agreed upon at the first level of supervisors.

The first line supervisor can manage concerns like as training, absenteeism, productivity, and morale . With the growth of unions, hiring and firing have grown increasingly difficult for first-line supervisors to handle. Hiring and, more crucially, dismissal should be prioritized to avoid disputes. Disciplinary action is often handled by first line supervision in a non-union context. It should be elevated in a union setting. Elevation would guarantee that all of the ducks are in a row to avoid a complaint and save the company money on any monetary settlements.

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A company employing a product development strategy would create a new product targeted to its current customers.

What is New Product Development ?

You can get the people in your division to come up with ideas for new products by following the given things mainly which revolves around reinforcing the novel ideas:

The importance of doing customer research is to have a drive for new product development. A research can be effective in pointing out consumer trends and fads, as well as opening a direct customer communication channel that feels prestigious for having its requests valued by a company. Through concrete data of potential customers and new customers, an organization has the ability to meet the actual demand of potential customers and make possible adjustments to the production process.

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Closing is generally defined in sales as the point at which a prospect or customer decides to make a purchase. Very few prospects will close themselves, requiring the salesperson's assistance. This can be unsettling, especially for new salespeople, because it exposes the salesperson to the prospect's rejection.

While closing the sale is required, it does not have to be a major undertaking. A salesperson who has done well in the early stages of the sales process will only need to nudge the prospect to begin the close. For instance, salesperson XYZ learns that customer ABC is interested in his product. In that situation, he doesn't need to promote or persuade. 

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The use of new technology in industry has benefited producers more so than consumers as, "Producers can transport goods around the world."

With faster decision-making and quick responses, the new technology enables producers to become more competitive in the market. The technology is helping to increase the efficiency of systems, products and services.

With the help of technology, the products which are produced are being marketed and then they are being transported around the world. This way it enables the business to grow rapidly and increases the profits.

Through the use of technology, businesses can research the market. This is extremely useful as it provides businesses with in-depth knowledge about market conditions.

Hence, the use of new technology in industry has benefited producers more so than consumers.

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A tax that imposes a small excess burden relative to the tax revenue that it raises is an efficient tax.

The least amount of taxes that are legally required to be paid by a person or a corporation is known as tax efficiency. When a financial choice results in a lower tax bill than a competing financial structure that serves the same purpose, the choice is said to be more tax-efficient.

Tax-Advantaged Mutual Fund

Another approach to lower tax obligations is to invest in a tax-efficient mutual fund, particularly for taxpayers without access to a tax-deferred or tax-free account. In comparison to other mutual funds, a tax-efficient mutual fund is taxed at a reduced rate. Compared to the standard mutual fund, these funds often produce lower rates of returns through dividends or capital gains.

Mutual funds that provide little to no interest income or dividends include small-cap stock funds and passively managed ones, including exchange-traded funds (ETFs) and index funds.

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The calculation for customer lifetime value considers a customer’s product or service usage rate, their loyalty to the company, and the firm’s cost to serve that customer over time.

Customer lifetime value (CLV), commonly referred to as lifetime value (LTV), is the profit margin which is expected by the  company  to earn over the lifetime of their business relationship with the average customer.

In order to calculate customer lifetime value, first of all calculate the lifetime value by multiplying the average value of the sales, the average number of transactions, and the average customer retention period followed by the company.

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It will lose revenue

An elastic demand responds proportionately to changes in price and is present in products or services that have substitutes.

It implies that if a good's price goes up, less people will want it. The opposite is also true; if the price drops, the demand will increase.

On the other side, elasticity describes the effect of prices on consumer demand for goods, and there are a number of important elements that affect this relationship:

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Answer: Resistance to

Explanation:

Unit-elastic
The amount required is 48 pounds while the price of pistachio nuts is $7.50 per lb. The amount needed is 40 pounds when pistachios cost $9.00 per lb. We can state that the demand for pistachio nuts is Unit elastic when the midpoint formula is applied to calculate the price elasticity of demand.

Unit Elastic - The economic theory known as unit elastic demand holds that when a product's price changes, the quantity desired also changes in an equal and proportional manner. In other words, the percentage change in price and the percentage change in demand for the product are equal. Consider the elastic demand on a basis of units per unit.
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