Which of the following marketing variables is concerned with design, quality, and packaging? O A. Promotion O B. Place O C. Price O D. Product SNBMIT​

Answers

Answer 1

Answer:

promotiopeicen

Explanation:

product

Answer 2

The marketing variable that is concerned with design, quality, and packaging is product. Thus, option (D) is correct.

What is Marketing?

Marketing refers to those activities which helps in the selling of the goods and services. It is the concept which starts with the creation of the idea for the fulfillment of the needs of the products. It is ending with receiving the feedback and satisfaction of the customers.

Marketing involves various activities such as product design, promotional activities, market research, quality check, distribution channels and satisfaction of the needs of the customers.

Therefore, it can be concluded that designing of the product and providing it with the optimum quality and attractive packaging is concerned with product variable of marketing mix. Hence, option (D) is correct.

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Related Questions

Suppose labor demand and supply are represented by the equations Demand: LD = 100 − 2W, Supply: LS = 2W. a. Find the equilibrium wage and employment level. b. Explain why $30 cannot be the market clearing wage. c. Suppose 5 workers are hired at a wage of $30. Show an example where an exchange can occur that is beneficial to multiple people. How much economic rent is generated by this transaction? d. If workers earn economic rent, does that mean they are being overpaid? e. Suppose all hiring in this market must be done through a union and the union has limited the supply of labor to 40 units. What wage will emerge in this market? How much economic rent have the employed members of the union gained? How much economic rent has been lost due to the limitation on union labor?

Answers

Answer:

Labor Demand and Supply

a) Equilibrium Wages = $25 and Equilibrium employment level = 2

b) $30 cannot be the market clearing wage.  At $30 labor supply will outstrip labor demand.  In that situation, there is no equilibrium of labor supply and demand.

c) If 5 workers are hired at a wage of $30, the wage bill will be equal to $150 ($30 * 5) and the 5 workers will be receiving an economic rent of $5 each ($30 - 25).  The total economic rent is $25 ($5 * 5).

d) If workers earn economic rent, it does not mean that they are being overpaid.  It simply means that they are being paid above the equilibrium wage.

e) The total wage will be $1,200($30 * 40).  The total economic rent gained by the employed union members is $200 ($5 * 40).  The economic rent lost by limitation on union labor cannot be quantified with the given information.

Explanation:

a) Data and Calculations:

Demand: LD = 100 − 2W

Supply: LS = 2W

Equilibrium wage and employment level exist where Demand = Supply

i.e. LD = LS = 100 - 2W = 2W

Therefore 2W = 100 - 2W

= 4W = 100

= W = 100/4

= W = 25

Equilibrium Wages = $25

Equilibrium employment level = 2

b) Economic rent is the additional or extra income which a resource earns or generates over the normal earnings as a result of being put to use in its present form.  This means that the extra income could be lost without jeopardizing the deployment of the resource to some productive use.

In fund A, $100,000 accumulates at an annual nominal rate of interest j compounded semiannually to $130,666.52 in 4 years. In fund B, $100,000 accumulates at an annual nominal rate of discount k compounded quarterly to $154,531.82 in 5 years. In fund C, $100,000 accumulates at an annual effective rate of interest j in year one and an annual effective rate of interest k in year 2. What is the balance in fund C at the end of year 2?

Answers

Answer:

at the end of year 2, the balance of fund C = $116,639.23

Explanation:

to determine the nominal semiannual interest rate j we can use the future value formula:

$130,666.52 = $100,000 x (1 + j)⁸

(1 + j)⁸ = $130,666.52 / $100,000 = 1.3066652

⁸√(1 + j)⁸ = ⁸√1.3066652

1 + j = 1.034000004

j = 0.034000004

effective annual interest j = (1 + 0.034000004)² - 1 = 0.069156 = 6.9156%

to determine the nominal quarterly interest rate k we can use the future value formula:

$154,531.82 = $100,000 x (1 + k)²⁰

(1 + k)²⁰ = $154,531.82 / $100,000 = 1.5453182

²⁰√(1 + k)²⁰ = ²⁰√1.5453182

1 + k = 1.022

k = 0.022

effective annual interest k = (1 + 0.022)⁴ - 1 = 0.090946828 = 9.094682805%

at the end of year 1, the balance of fund C = $100,000 x (1 + 6.9156%) = $106,915.60

at the end of year 2, the balance of fund C = $106,915.60 x (1 + 9.094682805%) = $116,639.23

Evo's owner states that ecommerce is too transaction-oriented and fails to establish emotional connections between consumers and brands. This critique suggests that the Web is ineffective at delivering:

Answers

Answer: Services to consumers.

Explanation:

The physical store is more beneficial to meet the needs of the customers to obtain the sports gear. The store is more effective in maintaining the relationship quality between consumers and Evo. Utilitarian values are maintained by shopping at the physical store instead of shopping online. Thus, e-commerce or web-based business proved to be ineffective at delivering services to consumers.

If Jason did not want to support Gina’s plan solely because of the unpleasant consequences associated with approving a deal absent shareholder consent, he would be on the ______ level of Kohlberg’s theory.

Answers

Answer:

Preconventional

Explanation:

Lawrence Kohlberg was an American psychologist that postulated a theory on the stages of moral development.

According to him the stages of moral development are pre-conventional, conventional, and post-conventional.

In the pre-conventional people follow standard set of rules and are afraid to break the rules because of the consequences.

Conventional stage is where moral standards are internalised and reasoning is influenced by the group one belongs to.

Post-conventional stage is where choices are based on individual principle.

In this scenario Jason did not want to support Gina’s plan solely because of the unpleasant consequences associated with approving a deal absent shareholder consent. This is the pre-conventional stage

An account is opened for three individuals as "Tenants in Common". If one of the individuals dies, the:

Answers

Answer:

the two remaining survivors will own the late tenant's share of the account.

Explanation:

When there is property (assets, real estate, bank or investment accounts, etc.) owned by tenants in common and one of them dies, the rest of the surviving tenants will continue to own the property. In this case, if one of the 2 surviving co tenants dies, then the remaining surviving tenant would own the whole account.

Economics is defined as:______.a. the study of how individuals, businesses, and societies make decisions to maximize their well-being given limited resources.b. the study of the fundamental nature of problems, such as those connected to reality and existence.c. the study of human culture and its evolution over time around different regions across the world.d. study of how individuals and society use unlimited resources to fulfill their needs and wants.

Answers

Answer:

d. study of how individuals and society use unlimited resources to fulfill their needs and wants.

Explanation:

Lionel Robbins defines economics as the science which studies human behavior as a relationship between given ends and scarce means which have alternative uses.

Adam Smith defined economics as “an inquiry into the nature and causes of the wealth of nations.”

For a two-stock portfolio, what would be the preferred correlation coefficient between the two stocks?

Answers

Answer:

-1

Explanation:

The correlation coefficient can range from -1 to 1. It measures how one stock (or security) reacts to any change in the price of performance of another stock (or security). When the correlation is -1, it means that there is no relationship between how the stocks will perform, i.e. they are completely uncorrelated.

With reference to the job characteristics model, which of the following defines task identity?a. the degree to which a job requires completion of a whole and identifiable piece of work.b. the degree to which work activities generate direct and clear information about performance.c. the degree to which a job provides the worker freedom in scheduling and procedured. the degree to which a job has an impact on the lives or work of other peopleE) the degree to which a job requires a variety of different activities

Answers

Answer:

a. The degree to which a job requires completion of a whole and identifiable piece of work

Explanation:

According to job characteristics model, what motivates an employee to be productive is the task he or she is asked to perform. Ideally, when a task is somewhat challenging, such would motivate the worker to exert his or her energy hence perform well on the task whereas a non challenging task wears down an employee's performance.

The model states that there are five core job characteristics that would show how a job is likely to affect the behaviors and attitude of employees. They are task identity, task variety, feedback, autonomy and task significance.

Therefore, according to the model, task identity is the degree to which a job requires completion of a whole and identifiable piece of work.

Hilltop Bank is an HDC of a note for $1,000 on which there is the forged signature of "Rob." If sued on the note by Hilltop, Rob's best defense would be​

Answers

Answer:

forgery.

Explanation:

In legal terms, forgery refers to falsifying documents or any other object of value and intend to negotiate it, collect it or benefit in any other way from it. But a forged document is not a valid document, therefore, the forged note that Hilltop Bank holds is no good. Forgery is a crime and it is a type of fraud.

Holding other factors constant, if bad weather destroys the annual crop for carrots, it causes the supply curve for carrots to

Answers

Options:

a. Shift to the left, causing the prices of carrots to rise

b. Shift to the left, causing the prices of carrots to fall

c. Stay the same

d. The supply curve does not shift. Only the demand curve shifts.

Answer:

a. Shift to the left, causing the prices of carrots to rise

Explanation:

Indeed, going by the law of supply and holding all other factors constant, we would expect the supply curve to shift to the left, which implies that there would be an increase in the price of carrots.

What this means is that because there are now fewer carrots in the market as a result of the effects of the bad weather, there would be scarcity and so sellers would increase prices.

Under the FINRA Conduct Rules, a broker-dealer may charge a customer all of the following services except:_______.a. collection of dividends on margin securities.
b. safekeeping of securities.
c. appraisals of securities in a customer portfolio.
d. distributing proxies to holders of securities in margin account.

Answers

Answer:

distributing proxies to holders of securities in margin account

Explanation:

Proxies are voting materials on shares that are given by the issuer of the shares to the brokerage that is holding the shares.

Proxies are paid for by the issuer and not the customer.

A broker is allowed to charge for various services rendered. For trading and market related services the 5% rule holds, while for other clerical services such as collection of dividends, safe keeping appraisal of securities, and transfer of securites.

Charges must be fair and reasonable.

What role has venture capitalism played in the market place?

Answers

Answer:

The summary of the matter in question is mentioned throughout the subsection below.

Explanation:

Venture Capital seems to be an age-old term although in previous centuries this same industry has changed.A venture capitalist plays a very important role throughout organizing early-stage investment, attracting top management abilities candidates, promising technological start-ups, and innovative product manufacturer's professional assistance as well as other support facilities.

Yong produces silk and polyester fabrics. Management has compiled the following unit selling price and unit cost information for the fabrics: Yong uses the same weaving machine to make both types of fabric. It takes 0.5 hours to make 1 yard of polyester fabric and 0.75 hours to make 1 yard of silk fabric. The machine can be operated a total of 5,000 hours per year. What is the contribution margin per machine hour for silk?

Answers

Answer:

$9.05

Explanation:

the information about prices and costs is missing, so I looked it up:

contribution margin per yard for silk = $18 - $4.10 - $2.70 - $3.51 - $0.90 = $6.79

contribution margin per yard for polyester = $10.20 - $0.80 - $2.90 - $3.77 - $0.60 = $2.13

contribution margin per machine hour:

silk = $6.79 x 1/0.75 = $9.05

polyester = $2.13 x 1/0.5 = $4.16

Torrid Romance Publishers has total receivables of $2,800, which represents 20 days’ sales. Total assets are $73,000. The firm’s operating profit margin is 5.9%. Find the firm's ROA and asset turnover ratio. (Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 decimal places.)

Answers

Answer:

ROA=4.13

Asset turnover ratio = 0.70 times

Explanation:

1.Computation for ROA

Using this formula

ROA=Net income/Total assets

First step is to find Day's sales in receivables before calculating for the sales amount

Day's sales in receivables = Numbers of days in a year/Total receivables days sales

Let plug in the formula

Day's sales in receivables = 365 / 20

Day's sales in receivables = 18.25times

Now let find the Sales amount using this formula

Sales= Day's sales in receivables× Total receivables

Let plug in the formula

Sales = 18.25 times × $2,800

Sales=$51,100

Second step is to find the Net income

Using this formula

Net income =Percentage of Operating margin× Sales amount

Let plug in the formula

Net income=5.9%×$51,100

Net income =$3,014.90

Now let find the ROA using this formula

ROA=Net income/Total assets

Let plug in the formula

ROA=$3,014.90/$73,000

ROA=0.0413×100

ROA=4.13%

Therefore ROA will be 4.13%

2. Computation for asset turnover ratio

First step is to calculate for the Receivables turnover

Using this formula

Day's sales in receivables = Numbers of days in a year/Total receivables days sales

Let plug in the formula

Day's sales in receivables = 365 / 20

Day's sales in receivables = 18.25times

Second step is to find the Sales amount using this formula

Sales= Day's sales in receivables× Total receivables

Sales = 18.25 times × $2,800

Sales=$51,100

Now let calculate for the Asset turnover ratio using this formula

Asset turnover ratio = Sales / Total assets

Let plug in the formula

Asset turnover ratio= $51,100 / $73,000

Asset turnover ratio= 0.70 times

Therefore asset turnover ratio will be 0.70 times

________ are typically used by companies for specific applications such as data processing and financial transactions.

Answers

Answer:

Mainframe computers

Explanation:

Mainframe computers are typically large in size with large storage space, reliability, and high processing power.

They are usually used by large corporations for data processing applications such as financial transactions, industry statistics, Customer statistics, and enterprise resource planning.

Mainframe computers are different from supercomputers in the aspect of processing power. Supercomputers has have leading edge processing power.

While supercomputers are used to solve scientific and engineering problems, mainframes are mostly used for financial transactions.

Suppose one U.S. dollar can purchase a half pound of strawberries in the United States. After converting dollar to pesos, one U.S. dollar can now purchase a full pound of strawberries in Mexico. These values represe:_________.

Answers

Answer:

The answer is:

a real exchange rate

Explanation:

The last word in the question seems to be incomplete, I am assuming that the intended word is "represent".

Real Exchange Rate (RER), also known as Real Effective Exchange Rates (REER) is an exchange rate that compares the relative price of the two countries' consumption baskets (what the average consumer buys and its price indicates how much consumers pay for it). It gives information beyond the nominal exchange rate or the relative prices of two currencies. In this example, the RER between the U.S dollar and the Mexican Pesos is used to determine what the U.S. dollar can buy in Mexico, as compared to what that same amount can buy in the U.S. This helps to tell us if a currency is undervalued or overvalued.

Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 29,328 83,351 103,760 9,078 257,087 $ 482,604 $ 32,285 $ 34, 323 57,663 45,764 76,967 50, 226 8,737 3,775 240,386 216,112 $ 416,038 $ 350, 200 $ 120,168 $ 70,310 $ 44,840 88,915 162,500 111,021 $ 482,604 96,646 75,072 162,500 162,500 86,582 67, 788 $ 416,038 $ 350, 200 (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three year period? (2-a) Compute the acid-test ratio for each of the three years. (2-b) Did the acid-test ratio improve or worsen over the three year period?

Answers

Answer:

1a. Current ratio = Current assets / Current Liabilities

Current year = $224,517 / $120168 = 1.88 : 1

1 years ago = $175,652 / $70,310 = 2.50 : 1

2 years ago =$134,088 / $44,840 = 2.99 : 1

1b. The Current ratio worse over three years period

2a. Acid test ratio = (Cash + Investment + Account Receivables) / Current liabilities

Current year = ($29,328 + $0 + $83,351) / $120,168 = 0.94 : 1

1 year ago = ($32,285 + $0 + $57,663) / $70,310 = 1.28 : 1

2 year ago = ($34,323 + $0 + $45,764) / $44,840 = 1.79 : 1

2b. The Acid test ratio are worse over three years period

Beaver Company used a predetermined overhead rate last year of $2 per direct labor-hour, based on an estimate of 25,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were:

Answers

The question is incomplete. Here is the complete question

Beaver Company used a predetermined overhead rate last year of $2 per direct labour hour based on an estimate of 25,000 direct labour hours to be worked during the year. Actual costs and activity during the year were:

Actual manufacturing overhead cost incurred = $47,000

Actual direct labour hours worked = 24,000

What was the under- or overapplied overhead last year?

Answer:

1,000 overapplied

Explanation:

Beaver company made use of a predetermined overhead rate last year

$2 per direct labour hour on an estimate of 25,000 direct labour hours

The actual costs during the year is $47,000

The actual direct labour hours was 24,000

Therefore, the over or underapplied for last year can be calculated as follows

= (24,000×2)-47,000

= 48,000-47,000

= 1,000 overapplied

Hence, the overhead last year was 1,000 overapplied

Which of the following statement about working capital management are TRUE?
A) Lengthening payment terms with suppliers reduces financing needs
B) Shorter payment terms for customers increase net working capital
C) Decrease in inventories increases working capital
D) Identical decrease in customer and supplier payment terms does not alter net working capital Back Next

Answers

Answer:

C and D

Explanation:

The answers from the options are:

1. Decrease in inventories increases working capital

2. Identical decrease in customer and supplier payment terms does not alter net working capital.

Working capital management is a type of strategy used in business to make sure that a company runs efficiently by using it's current assets and liabilities effectively as well as monitoring them

Size of Tax Shield. Roxy Broadcasting was originally an all-equity firm with a before-tax value of $10,000,000. Determine the size of the tax shield with a corporate tax rate of 16%, 20%, 35%, and 48% if Roxy's capital structure is 40 / 60 debt to equity Determine the same if the capital structure is 60/ 40.
1. If Roxy's capital structure is 4060 debt to equity, what is the size of the tax shield with a corporate tax rate of 16%? (Round to the nearest dollar.)
2. If Roxy's capital structure is 4060 debt to equity, what is the size of the tax shield with a corporate tax rate of 20%? $ (Round to the nearest dollar.)
3. If Roxy's capital structure is 40/60 debt to equity, what is the size of the tax shield with a corporate tax rate of 35%? (Round to the nearest dollar.)
4. If Roxy's capital structure is 4060 debt to equity, what is the size of the tax shield with a corporate tax rate of 48%?
5. If Roxy's capital structure is 60/40 debt to equity, what is the size of the tax shield with a corporate tax rate of 16%?
6. If Roxy's capital structure is 60 40 debt to equity, what is the size of the tax shield with a corporate tax rate of 20%? (Round to the nearest dollar.)
7. If Roxy's capital structure is 60/40 debt to equity, what is the size of the tax shield with a corporate tax rate of 35%? (Round to the nearest dollar.)
8. If Roxy's capital structure is 60 40 debt to equity, what is the size of the tax shield with a corporate tax rate of 48%? (Round to the nearest dollar.)

Answers

i will get to work on your questions right now!

In public stock companies, which of the following expectations of principals is most likely to lead to principal-agent problems?A) The expectation that the agent will follow the country's laws and regulationsB) The expectation that the agent will go above and beyond the call of dutyC) The expectation that the agent will reconnect economic and social needsD) The expectation that the agent will act in the principal's best interest

Answers

Answer:

C

Explanation:

The principal-agent problem is the conflict of interest that occurs between the principal and the agent. The principal expects the agent to act in his best interest but this might not be the case as the agent might pursue his own personal interest to the detriment of the principal.

For example, an agent might take on a project that has a negative NPV because he wants to increase the amount of project he handles so he would appear more important. This would be at the detriment of the principal but an advantage to the agent

Which of the following is not a characteristic of a change agent that would cause resistance to change?
a. lack of tact
b. failure to legitimize change
c. respecting existing cultural traditions
d. autocratic leadership style

Answers

Answer:

respecting existing cultural traditions

Explanation:

Resistance to change is being unwilling to change to new circumstances. It can be very disruptive especially in a work environment. Employees can show resistance to change in such situations where the leadership is autocratic, lack of tact, and failure to legitimize change.

A situation whereby cultural traditions in existence are being respected, it would be a more favorable work condition. Therefore option c is the answer.

A trend line has been fitted to a company's annual sales. The trend is given by yt = 50 + 5t, where t is the time index (t = 1, 2, . . . , n) and yt is annual sales (in millions of dollars). The implication of this trend line is that sales are expected to increase:________.
A. by exactly 5 percent every year.
B. by an average of $5 million per year.
C. by $5 million every year.
D. by an average of 5 percent per year.

Answers

Answer:

B. by an average of $5 million per year

Explanation:

Slope co-efficient for t = 5, indicates that for every year, there will on average increase of dollar 5 million in sales. The interpretation of trend line is "Sales will increase by $5 million every year"

In an era of particularly low interest rates, which of the following bonds is most likely to be called? A. zero-coupon bonds B. coupon bonds selling at a discount C. Coupon bonds selling at a premium D. floating-rate bonds

Answers

Answer: coupon bonds selling at a premium

Explanation:

A premium bond is simply a bond that is being traded at a higher level than it's par value. A bond will typically trade at a premium when such bond gives an

interest rate which is above the current interest rates that is being offered for new bonds.

Therefore, in an era of particularly low interest rates, coupon bonds selling at a premium is most likely to be called.

What arguments could you provide to convince top management to support the establishment of a safety program?

Answers

Explanation:

A safety training program could be insightful and maybe even provide lifesaving information to employees of a company. Tell management about the following advantages;

1. The Safety program increases the company's reputation: For example, the company may attract the best professionals in the industry because they are impressed by the company's safety program.

2. It benefits the company financially: For example, it will save the company money when there less injured employees since there will be no need to spend on a replacement.

On September 1, 2021, Blue Co., issued $1,600,000 of its 10% bonds at 98 plus accrued interest. The bonds are dated June 1, 2021 and have an effective interest rate of 11%. Interest is payable semiannually on June 1 and December 1. At the time of issuance, Blue would receive cash of:

Answers

Answer:

$1,608,000

Explanation:

the clean price = $1,600,000 x 0.98 = $1,568,000 (it does not include accrued interests)

accrued interests = $1,600,000 x 10% x 3/12 months = $40,000

dirty price = clean price + accrued interests = $1,568,000 + $40,000 = $1,608,000

the journal entry should be:

September 1, 2021

Dr Cash 1,608,000

Dr Discount on bonds payable 32,000

    Cr Bonds payable 1,600,000

    Cr Interest payable 40,000

Do you believe such tools in the enterprise offer work productivity and efficiency?

Answers

Answer:

Yes, I do believe

Explanation:

A tool helps an performer to improve his or her work productivity and efficiency by recording his or her performance history, analyzing and resulting in which skill or feature should become better. However, any improvement in productivity and efficiency requires the performer's both determination and actions towards the designed outcomes.

Under the provisions of the Uniform Securities Act, an investment adviser's registration becomes effective:

Answers

Answer:

when the administrator so orders

Explanation:

Under this act the registration becomes effective when the administrator so orders. The administrator of the investment advisors association is responsible for reviewing the registration, making sure that all the information is legal, and also making sure that it meets all the required qualifications before approving it. Once this is done, it then becomes effective.

If the marginal propensity to consume is 0.30 , what is the multiplier, assuming there are no taxes or imports

Answers

Answer:

Multiplier or k = 1.428571429 rounded off to 1.43

Explanation:

A change in consumer income leading to an increased consumer spending based on the Marginal propensity to consume or MPC can have a much larger effect in the economy due to the multiplier. A multiplier is the is the amount of new income that is generated form an addition of extra income.

The marginal propensity to consume or MPC is the percentage of the additional income that will be used for consumption spending. The formula to calculate the multiplier, also denoted as k, is:

k = 1 / (1 - MPC)

k = 1 / (1 - 0.3)

k = 1.428571429 rounded off to 1.43

Replacing obsolete components piece by piece rather than changing the entire product is made possible because of ______.

Answers

Answer:

modular design

Explanation:

Modular design is when the faulty part of a system or process is being repaired in a piecemeal instead of replacing the whole system so that they can be more efficient. These means that the faulty parts are broken into smaller units and then rearranged to a larger unit hence increase efficiency. The idea here is not to replace the whole system but to fix or repair or change the faulty area.

Where modular design is adopted by a firm, there would be improvement and consistency in terms of whatever systems or products a firm might be engaging in.

Other Questions
About 500 medicine cups are used daily at a long-term care facility nurse claims at approximately 4000 medicine cups are use a week what is the day to week use rate of medicine cups What was the social craze in 1884? please answer this? Identify the eukaryotic cellular locations of the fundamental processes that are involved in the central dogma of molecular biology by dragging the correct labels to their targets. La oracin Lo prometi y cumpli su promesa. se clasifica como: Find area of a parallelogram with a height of 8 inches and a base of 14 inches Suppose there are n independent trials of an experiment with k3 mutually exclusive outcomes, where pi represents the probability of observing the ith outcome. What would be the formula of an expected count in this situation? I need the following code commented and addressed: Specifically, your script should address the following critical elements:I. In Your Script (Annotated Text File) Refer to the directions in the module in Codio for how to export out and comment your completed script. A. Identify examples of custom functions in your script using comments in your code. B. Identify examples of input (parameters) that are utilized within the function(s) in your script using comments in your code. C. Identify examples of functions that return the correct output in your script using comments in your code.Applying Your Experience Making mistakes when you learn to write code is common. It is part of learning. What is important is developing the skill of learning how to understand your errors and then fix them (debugging). For this part of your final project, you will respond to the following: A. Reflecting on your experience with this activity, explain the importance of knowing how and when to use and modify custom functions, inputs (parameters) within functions, and functions to return the correct output. Support your response with examples from the activity of the types of errors and your method for fixing them. Thanksimport sys# account balanceaccount_balance = float(500.25)#PPrint the balancedef printbalance(): print("Your current balance : %2f" % account_balance)#the function for depositdef deposit(): deposit_amount = float(input("Enter amount to deposit : ")) balance = account_balance + deposit_amount print("Deposit was $%2f, current balance is $%2f" %(deposit_amount,balance))#function for withdrawdef withdraw(): withdraw_amount = float(input("Enter amount to withdraw")) if(withdraw_amount > account_balance): print("$%2f is greater than account balance $%2f\n" %(withdraw_amount,account_balance)) else: balance = account_balance - withdraw_amount print("$%2f was withdrawn, current balance is $%2f" % (withdraw_amount, balance))# User Input goes here, use if/else conditional statement to call function based on user inputuserchoice = input("What would you like to do?\n")if (userchoice == 'D'): deposit()elif userchoice == 'W': withdraw()elif userchoice == 'B': printbalance()else: sys.exit() Which statement about lines of longitude on a map is correct? A. They are another name for the equator and the prime meridian. B. They run in an east and west direction. C. They run in a north and south direction. D. They are another name for Tropical of Cancer and The Tropic of Capricorn. Which number is one hundredth more than 14.31? How many milliliters are equal to 4 liters? True or False: King Tut is a famous historical figure because he greatly expanded the Egyptian empire during his reign Were talking to an individual who isnt feeling right, you notice that your breath is sweet and fruity smell. What condition could they be experiencing?A: insulin shockB: strokeC: hyperglycemia/ketoacidosisD: acute myocardia infarction Which of these is a sign of salinization in crop plants?A. Yellowing of leavesB. Wilting of seedlingsC. Dead patches on leavesD. Enlarged seedlings 3/5=x/11 solve for x give your answer as an improper fraction in its simplest form 15 POINTS!!!!!Do you think that professional sports should be paid more than $100,000 a year? Please explain why in a complete sentence. Complete The dialogue between Toms and Diana: An enzyme inhibitor works with the enzyme in a chemical reaction. Which statement best describes how an enzyme inhibitor and an enzyme work in a catalyzed reaction? (5 points) a The enzyme inhibitor catalyzes the reverse reaction, which counteracts the work of the enzyme. b The enzyme inhibitor attacks and destroys the enzyme, which prevents the enzyme from helping in the reaction. c The enzyme inhibitor binds to the products of the reaction, which makes the work of the enzyme unproductive. d The enzyme inhibitor fits into the enzyme's active site, which prevents the enzyme from catalyzing the reaction. Find the value of the following OK I NEED HELP AND ALL IK IS THAT THE ANSWER IS 7 but how do u get seven can someone please work the steps out for me? What is your definition of Government? How do you think it should be ran or organized?