Jim, Tanya, and Peter are all farmers. Below is their supply schedule for avocados. Note that avocado trees need extensive watering.
a) If Peter was willing to produce 5 tons of avocados at $0.50 per avocado, ceteris paribus, what economic principle would be violated?
b) What would happen to the supply of avocados if the cost of water went up where Jim, Tanya, and Peter live? Explain.
c) Make a table of the supply schedule for the whole market of avocados, based on these three farmers.
d) Draw the supply curve for avocados for this market and label it S1.
e) On your graph from part (d), illustrate the effect of the increased cost of water on the supply of avocados. Label the new curve S2.
f) Assuming the market situation from part (b), and that suppliers will not charge more than $3, would the quantity supplied of avocados be more or less than 31 tons of avocados? Explain.
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If Peter was willing to produce 5 tons of avocados at $0.50 per avocado, ceteris paribus, the economic principle Peter would be violating is the principle of Optimal Production Rule.
Recall that price is best fixed at the point where marginal revenue is equal to marginal cost. It is assumed that being rational, that point is already set at $1/Avocado.
What would happen to the supply of avocados if the cost of water went up where Jim, Tanya, and Peter live?If the cost of water went up where Jim, Tanya and Peter live, that means the total cost will go up. This will affect the rate of production negatively (in the short run). When cost of production goes up, supply goes down.
What is a supply schedule?A table that lists the quantity delivered at each price is called a supply schedule.
A graph that displays the amount delivered at each price is called a supply curve.
Because it is a graphical depiction of the supply schedule, the supply curve is occasionally referred to as a supply schedule.
The supply schedule for the entire market is attached accordingly.
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Related Questions
What is the correct cpt® code for the excision of a benign lesion on the scalp with an excised diameter of 2.3 cm (this includes margins)?
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11423 is the correct cpt® code for the excision of a benign lesion on the scalp with an excised diameter of 2.3 cm (this includes margins).
Excision, benign lesion including margins, excluding skin tags (unless otherwise noted), scalp, neck, hands, feet, and genitalia. CPT® Code 11423.The CPT Code for surgery involving the integumentary system is 11423.
According to standard recommendations, this code should only be used to remove growth (2.1 to 3.0 cm) from the genitals, hands, feet, neck, scalp, or other body parts.
They are based on a set of publicly available data that lists all the providers that submitted Medicare claims using this code.
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Michael is trying to remember his friend's new cell phone number. He repeats it in his mind until he gets the new number entered into his phone's contact list. Michael is using his Group of answer choices working memory. sensory memory. secondary memory. remote memory.
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Michael is trying to remember his friend's new cell phone number. He repeats it in his mind until he gets the new number entered into his phone's contact list. Michael is using his working memory.
What is Working Memory?A cognitive mechanism with a constrained capacity called working memory can temporarily store information. Reasoning, the direction of decision-making, and behavior are all influenced by working memory. Though working memory and short-term memory are frequently used interchangeably, some theorists believe the two memory types are unique because working memory allows for the manipulation of stored information while short-term memory merely refers to the temporary storing of information. Cognitive psychology, neuropsychology, and neuroscience all share the theoretical idea of working memory.Various tasks can be used to gauge the working memory capacity. Dual-task paradigms, sometimes known as "complex span" measures, are frequently employed to combine memory span measurements with concurrent processing tasks.
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Men are expected to have _________ character traits like strength, self-confidence, assertiveness, and ambition. Group of answer choices progressive agentic modern expressive
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Answer:
agentic
Explanation:
One response to Mischel's critique asserts that a fair review of the research on the predictability of behavior from personality traits indicates that ________.
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Answer:
the predictability of behavior fro, personality traits is better than is sometimes acknowledged
Explanation:
_____ is a permanent organization structure that combines functional and product departmentalization.
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Matrix departmentalization is a permanent organizational structure that combines functional and product departmentalization.
This is further explained below.
What is Matrix departmentalization?Generally, According to research by the management consultant McKinsey & Company, matrix departmentalization is a combination of the organizational structures of product departmentalization and functional departmentalization. It does this by leveraging parallel management structures.
In conclusion, A permanent organizational structure that combines functional and product departmentalization is known as matrix departmentalization.
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One cup of a popular sweetened corn cereal contains 14 grams of added sugars. how many teaspoons of sugar does this amount equal?
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One cup of a popular sweetened corn cereal contains 14 grams of added sugars. 3.5 Teaspoons of sugar are required to equal the amount.
Sweet corn, also known as sugar corn and pole cor is a type of maize farmed for human consumption that has a high sugar content.
The genes that regulate the conversion of sugar to starch inside the corn kernel's endo-sperm have a naturally occurring recessive mutation, which is the cause of sweet corn.
Sweet corn is harvested at an immature stage and cooked and consumed as a vegetable rather than a grain, in contrast to field corn types planted for animal fodder, which are gathered when the kernels are dry and developed (dent stage).
Since the maturity process involves the conversion of sugar to starch, sweet corn does not keep well and must be consumed right away to avoid the kernels becoming tough and starchy.
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What are some of the main reasons why climate change is such a difficult issue on which to generate a global consensus that would lead to stronger cooperation?
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These are the time main reasons why climate change is such a difficult issue on which to generate a global consensus that would lead to stronger cooperation because there is a lag between when emissions occur and when the effects of those emissions are likely to happen, and the short-term pressure to take action is diffuse
geography: those who contribute to the problem are not necessarily those who will suffer the most. That means the incentives to change fall the least hard on those who contribute the most to the problem.
globality/global governance: greenhouse gases don't stay within national boundaries. The problem requires global cooperation. But, countries have very different perspectives on the issue. They are still competing in the global marketplace and don't want new disadvantages.
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In order to determine ____________, the firm's total costs must be divided by the quantity of its output.
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In order to determine option D. average cost the firm's total costs must be divided by the quantity of its output. Read below about the concept of average cost.
What is an average cost in total costs?Average total cost (ATC) is calculated by dividing total cost by the total quantity produced. The average total cost curve is typically U-shaped. Average variable cost (AVC) is calculated by dividing variable cost by the quantity produced.
Therefore, the correct answer is option D. average cost
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The complete question goes thus:
In order to determine ____________, the firm's total costs must be divided by the quantity of its output.
A. diminishing marginal returns
B. fixed costs
C. variable cost
D. average cost
Alan is attentive to customers when his supervisor is present but inattentive when his supervisor is absent. in this scenario, alan's behavior exemplifies _____.
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Alan is attentive to customers when his supervisor is present but inattentive when his supervisor is absent. in this scenario, alan's behavior exemplifies reactivity.
Example of convergent validity
A group of employees is given a series of five tests. All of these are designed to test your skills as a salesperson through different types of questions. To determine the convergence validity of each evaluation, the results are compared with those of other evaluations.
In visual validity, the content of the scale appears to reflect the supervisor configuration being measured, whereas, in discriminative validity, the results of the scale are independent of other scales that are theoretically different.
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Explain four reasons the youth do not want to participate in civic life.
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The reasons for youth not wanting to participate in civic life are Lack of knowledge, disinterest, disappointment with politics and society, and desire to run away from responsibilities.
What is civic life?It is the responsibility to act for the aggrandizement of civilization.It is the participation in the political activities of the region.It is the responsibility of social maintenance.Civic life is full of responsibilities that often frighten young people, who want a freer life without too many obligations. Furthermore, civic life requires full participation in the political activities of the region and many young people are disappointed and uninterested in politics.
The lack of interest is also related to the detachment of young people from the advancement of society, as they think that this is in vain. Finally, many young people are unaware of what civic life is and do not know how important it is.
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An Independent Group/ between-subjects design differs from a within-subjects design in that in a between-subjects design, ____.
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An Independent Group/ between-subjects design differs from a within-subjects design in that in a between-subjects design :-
Between subjects (or Between group) study design: Each subject is exposed to a single user interface only, as different subjects test each condition. Internal subject (or iterative measurement) The same subject tests all conditions (that is, all user interfaces).
Between subjects or inter-group designs, each participant experiences only one condition and compares the group differences between participants with different conditions. This is the opposite of the in-subject design where each participant experiences each condition.
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Identifying environmental cues associated with unhealthy eating habits and being aware of when, where, and why you are eating are examples of which behavior management tool
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Identifying environmental cues associated with unhealthy eating habits and being aware of when, where and why you are eating are examples of which stimulus control behavior management tool.
What is Stimulus Control?It corresponds to an approach related to behavioral psychology, which refers to operant conditioned behavior, that is, when there is a certain stimulus that generates a previously learned response, and in the absence of the stimulus, there is another type of response, so it is called stimulus control.
Therefore, this contingency management, or stimulus control, is positive for behavior regulation, being positive for stimulating behaviors that generate positive stimuli and discouraging behaviors that generate consequence or negative stimuli.
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Why should written assignments be submitted through turnitin prior to submitting the final draft to be graded?
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Turnitin is a tool that students and faculty can use to identify potential plagiarism. When you submit your work to Turnitin, you will receive a Similarity Report. The similarity report should be carefully reviewed so that the work can be amended if necessary.
Submitted assignments are checked for originality using a website called TurnItIn. You can submit your own work and receive a report on its originality before you actually submit it. This is for informational purposes only and does not affect the final submission with the assignment in the original Moodle module.
Turnitin then creates an "authenticity report" that both faculty and students can view that identifies where text in a student's submission matches another source. Turnitin also maintains a record of all submitted assignments in a central database.
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After submit your paper to then you will get a similarity report that should be reviewed carefully so you can make any needed revisions to your paper.
He turn to uses a matching algorithm to find phrases in tasks that are identical to phrases in the repository. This means that determining whether plagiarism has occurred requires human judgment based on a variety of factors and considerations.
Then creates an "Authenticity Report". This report can be viewed by both faculty and students and shows where text in a student's submission matches another source. also maintains a record of all submitted assignments in a central database.
Homework submissions are checked for originality using her website, . You can submit your own work and receive a report on its originality before you actually submit it. This is for informational purposes only and does not affect the final submission with the assignment in the original Moodle module.
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The awareness that allows people to comprehend the link between their immediate, personal social settings and the remote, impersonal social world is called:.
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The awareness that allows people to comprehend the link between their immediate, personal social settings and the remote, impersonal social world is called sociological imagination.
What is sociological imagination?It should be noted that sociological imagination simply means the ability to see the context which shapes one's decision.
In this case, it's the awareness that allows people to comprehend the link between their immediate, personal social settings and the remote, impersonal social world.
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The awareness that allows people to comprehend the link between their immediate, personal social settings and the remote, impersonal social world is called:the sociological imagination.
What is the sociological imagination?Sociological imagination is the interaction that occur between a person personal challenges and their social challenges including how they influence each other.
Hence, sociological imagination enables people to understand or comprehend the link between their personal and impersonal social life.
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Emphasis on the doctrinal conformity and literal interpretation of religious texts is known as:________
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Emphasis on the doctrinal conformity and literal interpretation of religious texts is known as fundamentalism.
Religious fundamentalism has greatly shaped world history and continues to influence individual outlook and behavior. Fundamentalism, a type of conservative religious movement characterized by advocating strict observance of sacred texts. Formerly used only for American Protestants who advocated the inerrancy of the Bible, the term fundamentalism has been widely applied to various religious movements since the late 20th century.
Religious fundamentalists believe that their religious teachings are superior and strictly distinguish between right and wrong. This belief system governs not only religious thinking, but all concepts of oneself, others, and the world.
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For each case, determine the ethical path of conduct. Then, determine what paths of conduct would be unethical
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The ethical path of the information is illustrated below.
How to illustrate the information?Emotivism is a theory that claims that moral language or judgment is neither true nor false. It encourages us to express our emotions; try to influence others to agree with us.
According to emotivism, Jane Doe should tell her parents about her sexual attraction and Joe and Mary should go for IVF.
Also, ethics is the principle of right or wrong. It's not based on what's written in the religious books. These principles help an individual how to learn how to be in a society, and how to be legally privileged. Natural law ethics will agree with the decision because these are ethically appropriate.
Joe and Mary had lost their first child and they need to go for IVF for their second child. There is nothing wrong with this and it's legally and ethically approved for parents who are not fertile to go for IVF.
The unethical path is that Jane Doe has a sexual attraction toward same-sex and this is an act of lesbianism. This is unethical.
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Models designed to explain mental functioning are constantly refined and modified to explain new results. Which of the following exemplifies this concept based on the results presented in your text
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a)Replacing the STM component of the modal model with working memory.
b) Replacing the sensory memory component of the modal model with the episodic buffer
c) Replacing the STM component of the modal model with iconic memory.
d) Replacing the sensory memory component of the modal model with working memory.
Replacing the STM component of the modal model with working memory. The modal model assumed that memory is composed of mainly three structural components - A sensory register, An STS and , A long term store.
A working memory modal has been split into a few different specialized stores and other more general store. This model has replaced by the idea of unitary STM as suggested by the multi-store model.
It make sense off range of tasks that verbal reasoning, reading , problem solving , spatial processing. This working memory model explains a lot about multistore model. STM simple span tasks and working memory is measured using complex span task.
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Which is not a core ideal of u.s. overarching culture?
a. equality.
b. individualism.
c. respect for the wisdom of the elderly.
d. opportunity for social mobility.
Answers
The Correct option is c. respect for the wisdom of the elderly is not a core ideal of u.s. overarching culture.
Culture can be defined as all the ways of life including arts, beliefs and institutions of a population that are passed down from generation to generation.
Culture is the lifeblood of a vibrant society, expressed in the many ways we tell our stories, celebrate, remember the past, entertain ourselves, and imagine the future.
Culture has been called "the way of life for an entire society." As such, it includes codes of manners, dress, language, religion, rituals, and art. The major elements of culture are symbols, language, norms, values, and artifacts.
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An individual who sees society's rules and conventions as relative and subjective is at which stage of moral reasoning
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An individual who sees society's rules and conventions as relative and subjective is postconventional moral reasoning.
Postconventional reasoning may be used to clear up a battle of morality. Postconventional reasoning is the final stage of Kohlberg's version of ethical reasoning, in which an individual makes alternatives based on their own private beliefs, despite the fact that the ones beliefs are not according with laws or social conference
Moral reasoning on the conventional stage specializes in social order, upholding the regulation, and preserving tremendous relationships. moral reasoning at the postconventional stage makes concepts and values beyond laws that ensure person rights.
Postconventional moral reasoning, the kid uses outside and physical events (together with pride or pain) because the supply for decisions approximately ethical rightness or wrongness; his requirements are primarily based strictly on what's going to keep away from punishment or convey delight.
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Two-year-old cathy meets a silver-haired adult for the first time and calls her ""grandma"" even though they are not related. this is an example of piaget’s construct of __________.
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Two-year-old Cathy meets a silver-haired adult for the first time and calls her "grandma" even though they are not related. this is an example of Piaget's construct of Assimilation.
What is Piaget's theory of cognitive development?
Children go through four main learning stages, according to Jean Piaget's theory of cognitive development. His theories primarily focus on the nature of intelligence as well as how children acquire knowledge.
Piaget's stages are:
Sensorimotor stage: Birth to 2 yearsPreoperational stage: Ages 2 to 7Concrete operational stage: Ages 7 to 11Formal operational stage: Ages 12 and upWhat model of cognitive development seeks to identify how individuals take access utilize and store information?
Cognitive development theories that focus on information processing try to understand how people acquire, process and retain information.
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Which is the area of greatest difficulty when children transition into kindergarten?
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The area of greatest difficulty when children transition into kindergarten is Adjusting to academic demands.
Academic adjustments are modifications in how students participate in classes and activities. These modifications allow students to meet standards but do not change them. Academic adjustments give students equal access to the educational opportunities of the university.
Abstract. This study modeled the strain that academic demands (i.e., taking courses with demanding workloads) place on college students' academic performance via exploring how sources of students' academic support and stress may explain this association.
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The ____ event occurs each time the user presses a key while the control has the focus
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The keypress event occurs each time the user presses a key while the control has the focus.
As we know that the key-press is basically an event that the user fired. When we press the key it produces the character that the key as assigned.
The Keypress event is fired when a key that produces a character value is pressed. Examples of keys that generate character values are alphabetic, numeric, and punctuation keys. Examples of keys that do not generate character values are modifier keys such as Alt, Shift, Ctrl, or Meta.
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Bart, the ten-foot tall kodiak bear, learned and performed 45 behaviors for a starring role in a movie through?
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Bart, the ten-foot-tall Kodiak bear, learned and performed 45 behaviors for a starring role in a movie through operant conditioning.
Operant Conditioning: What Is It?Operant conditioning, sometimes referred to as instrumental conditioning, is a type of learning that is frequently credited to B.F. Skinner in which the likelihood that a response would be repeated depends on its effects. Through operant conditioning, actions that are reinforced (rewarded) are more likely to be repeated, whereas actions that are punished are less likely to happen.
There are several key concepts in operant conditioning:
The foundational ideas of operant conditioning are numerous.Operant Conditioning RewardingOperant Conditioning Reinforcement Schedules Punishment.Learn more about operant conditioning with the help of the given link:
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Strategic planning looks at the organization as a whole, while ________ planning focuses on daily tasks and decisions. Tactical strategic mission operational
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Strategic planning looks at the organization as a whole, while operational planning focuses on daily tasks and decisions. Tactical strategic mission operational
An operational plan is the process of turning a strategic plan into a detailed map that provides an accurate overview of what your team does on a weekly, and sometimes daily, basis.
Sales and business planning is the process of coordinating sales forecasts and production. For example, if a cookware company's sales team plans a large-scale promotion that will increase sales volume by 200%, first get an operational contract that the company's factory can increase production to that level. increase.
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Which law created more stringent requirements on lobbyists, ex-members of the senate and house chambers (as well as their spouses), changed campaign contributions rules for interest groups, and more?
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The Honesty Leadership and Open Government Act of 2007 created more stringent requirements on lobbyists, ex-members of the senate and house chambers (as well as their spouses), changed campaign contributions rules for interest groups, and more.
The Honest Leadership and Open Government Act of 2007 was enacted on September 14, 2007, according to Public Law 110-81, 121 Stat. 735. is a federal statute of the United States that modified specific provisions of the Lobbying Disclosure Act of 1995. More restrictions are placed on gifts given to members of Congress and their employees, public disclosure standards for lobbying activities and funding are strengthened, and earmark disclosure in spending bills is made mandatory. On September 14, 2007, President George W. Bush signed the legislation into law.
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A personality trait defined as ""any purposive activity that entails novelty or danger sufficient to create anxiety in most people"" is called ______
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A personality trait defined as "any purposive activity that entails novelty or danger sufficient to create anxiety in most people" is called risk taking.
Some psychologists have suggested that risk taking is linked to neuroticism which is a personality trait. They see it as an expression of neurotic conflict.
Humans are a risk-taking species. Genes play yet another role in risk-taking. They influence two other personality traits which are associated with general risk-taking, they include, the traits of aggression, or its agreeableness, obverse, and for sociability.
The greatest risk-takers are young males who are in their adolescent years. This is a reflected fact in their high rates of auto accidents, binge drinking, gambling and drug use.
Hence, a personality trait which creates anxiety in most people is called risk taking.
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With regard to rotating limbs to project objects, a relationship exists between the __________________ of the rotating arm and the __________________ of the projected object
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With regard to rotating limbs to project objects, a relationship exists between the velocity of the rotating arm and the velocity of the projected object.
In easy words, velocity is the rate at which something moves in a specific route. For instance, the speed of a car touring north on a highway, or the speed a rocket travels after launching.
Speed (v) is a vector quantity that measures displacement (or change in function, Δs) over the exchange in time (Δt), represented by means of the equation v = Δs/Δt. Velocity (or price, r) is a scalar quantity that measures the space traveled (d) over the trade in time (Δt), represented by using the equation r = d/Δt.
The pace is the directional pace of an item in motion as an indication of its price of alternate in function as observed from a selected frame of reference and as measured by way of a particular preferred time.
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One of the main resources and distinguishing characteristics of the federal bureaucracy is Group of answer choices transition teams. expertise. lack of specialized training. few career civil servants.
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One of the main resources and distinguishing characteristics of the federal bureaucracy is expertise.
Structure, job specialization, and written norms are the three major characteristics of bureaucracies. A pyramid-shaped bureaucracy has many levels and is structured similarly. Every level answers to the level in charge. This arrangement is frequently described as a hierarchy.Specialization is a hallmark of bureaucratic organizations, and each member had incredibly specialized duties to complete. Each lower office in a bureaucracy is governed and overseen by a higher one.
What are the major elements of the federal bureaucracy?
The Cabinet departments, independent agencies, public businesses, and independent regulatory bodies make up the federal bureaucracy.
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By utilizing i-messages, parties can change their __________ without changing their __________
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By utilizing i-messages, parties can change their actions without changing their relationships.
What are i message?An "I" message can help you express your worries, emotions, and demands without criticizing others or seeming threatening.
It allows you to make your argument without causing the listener to lose interest.
An "I" message states, "This is how it seems from my perspective." An "I" message is not intended to be nice.
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What type of therapy is based on the idea that mental disorders have underlying causes stemming from childhood
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Psychodynamic therapy is based on the idea that mental disorders have underlying causes stemming from childhood.
What is Psychodynamic therapy?Psychodynamic therapy is a method that helps people gain a better understanding of their emotions and other mental processes. It helps people get a better understanding of how they feel and think. People can make better decisions regarding their lives if they improve their comprehension.Psychodynamic psychotherapy, more than other types of depth psychology, is based on the interpersonal relationship between client and therapist. They must have a solid relationship based on trust. In terms of approach, this type of treatment employs psychoanalysis modified for a less intensive way of working, usually once or twice per week, which is often the same frequency as many other therapies.Therefore, Psychodynamic therapy is based on the idea that mental disorders have underlying causes stemming from childhood.
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