assume there is a national lottery and the winning ticket is worth​ $10 million. one winning ticket will be selected. if there are 150 million tickets​ sold, what is the chance that a buyer of one ticket will have the winning​ ticket?

According to Osborne and Gaebler, the public sector is a sailor while the private sector is the boat

The need to reinventing government movement according to Osborne/Gaebler involves the following:

The reinventing government movement arised because the people are increasingly dissatisfied with the way the government works and this led to the theory by Osborne/Gaebler.

Hence, as the scholars explained the roles of the public and private sectors by comparing it to maneuvering a boat, it means that the public sector is a sailor while the private sector is the boat.

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The fact that the value of a company such as e - Bay increases as more people join and use e - Bay is characterized as the network effect.

eBay is an e-commerce site that helps in buying and selling the product and sometimes also a person can build on it

As the market value of the eBay company will increase new customers would join in and be a part of the company, this is called the network effect as work is increasing continuously for this E-Commerce site.

More members join a site if there are members joining and due to popularity this is the network effect.

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Represent the sum of the quantities supplied by all the sellers at each price of the good.

A supply curve is usually upward-sloping, reflecting the willingness of manufacturers to promote extra of the commodity they produce in a market with higher prices. an upward sloping curve depicting the high quality dating among rate and quantity provided. The market delivery curve is derived by summing the amount providers are willing to supply while the product can be offered for a given price.

A supply curve is typically upward-sloping, reflecting the willingness of producers to sell extra of the commodity they produce in a market with better fees. Any trade in non-fee factors could purpose a shift in the supply curve, whereas adjustments in the price of the commodity can be traced alongside a fixed delivery curve. The supply curve will pass upward from left to right, which expresses the law of supply: because the fee of a given commodity will increase.

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A listing agreement between a broker and a seller is an employment contract; it is a contract for the broker's real estate professional services, not for the transfer of real estate.

In a listing agreement, the property owner (as principal) gives the real estate broker (as agent) the authority to sell the home on the owner's conditions. The owner pays a commission in return for this service. A listing agreement is a less frequent word that describes a deal established between a security issuer (such a public business) and the stock exchange that is hosting the issuance. The New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), and the London Stock Exchange are a few examples of exchanges (LSE).

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The ways that effective marketing benefits society include:

Effective marketing does not only mean finding ways of selling goods and services but also finding out what consumers want and providing it for them.

This is why effective marketing can be said to improve the quality of products and services. This improved quality leads to an increased standard of living. Jobs will also be provided as more hands are needed to produce goods and services.

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Strategic giving is the practice of tying philanthropy closely to the corporate mission or goals and targeting donations to regions where a company operates.

Here, "strategic giving" is defined as the close coordination of the philanthropic value to be generated, the identity and preferences of the donor, the organizational vehicle through which giving occurs, the categories of activities that are financed, and the time period governing giving.

Taking these five essential actions

1. Involve your family and ascertain your motivations for contributing.

2. Specify desired results and concentrate on effect.

3. Look for top-tier nonprofit partners.

4. Ensure that any philanthropically committed funds are used to carry out your goal.

5. Assess, then adjust as necessary.

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Answer:

d. All of the above

Explanation:

The whole idea of updating your resume is to include any new skills or any changes in your career focus. E.g. you graduated from college, so you will update your status as college graduate instead of student. Also, if some of your qualifications are no longer relevant, you should exclude them, e.g. if you graduated from med school, your previous experience working at a grocery store might not be relevant.

The element of the marketing mix that is used in the given scenario is Price as it has to do with an increase in tuition.

This refers to the tactics that is used by a company to promote its product or brand in the market.

Hence, we can see that The element of the marketing mix that is used in the given scenario is Price as it has to do with an increase in tuition.

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Answer:

Depends on the person but probably not

Explanation:

This is a linear function which means that it takes the form of y = MX + c.

An economist is an expert and practitioner in the social technological know-how discipline of economics. The man or woman may additionally look at, develop, and follow theories and concepts from economics and write about monetary coverage.

Y is the demand

X is the price

Find m.

= (Y₂ - Y₁) / (X₂ - X₁)

= (15,000 - 20,000) / (60 - 40)

= -250

Find c using substitution;

20,000 = -250 * 40 + c

20,000 = -10,000 + c

c = 20,000 + 10,000

c = 30,000

A linear function is;

y = -250x + 30,000

If the selling price is $55;

y = -250 * 55 + 30,000

y = 16,250 units.

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The criteria that is essential to satisfactory performance in several professions is independence.

The auditor is known to be the person who is said to be responsible to plan as well as carry out the audit to be able to get a form of  reasonable assurance in regards to if  the financial statements are free from any form of  material misstatement.

Independence is seen as a condition where a person, firm or state is known to exercise their right in terms of self-government, and free from any form of intrusions.

Therefore, The criteria that is essential to satisfactory performance in several professions is independence.

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See question below

Some of the following criteria are essential to satisfactory performance in several professions. Which one is unique to audit work by CPAs?

General competence.

Due professional care.

Independence.

Familiarity with a complex body of technical knowledge.

The correct answer is 7.75.

Bergan Company              

Jobs                                                       200                   305    

Completed Job                                       2390                   2053    

Raw Material requisitoned

=(7500 units at $8) for  Job 200

and (1480 at $5 ) for job 305                    $60,000.00    $7,400.00    

Direct Labor=(2500 Direct Labor

Hours at $28) for Job 200 and

(3000 hours at $24)                            $  70,000.00  $  72,000.00    

Manufacturing Overhead=(2500

Direct Labor Hours at $7.75) for

Job 200 and(3000 Direct Labor

Hoursat $7.75) ofr Job 305                     $  19,375.00          $ 23,250.00    

Balance on the job cost sheet           $149,375.00          $102,650.00    

Jobs                                                   200                  305    

Completed Job                                   2390                  2053    

Balance on the job cost sheet           $149,375.00          $102,650.00    

Cost per unit                                           $        62.50  $        50.00  Predetermined Rater=(Estimated

Overhead cost/Estimated Labor

Hours)=($620000/80000)                   $          7.75  

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Auditors and investment analysts help firms access capital markets and advise managers about how to interact with those capital markets.

Audit analysts are chargeable for reviewing and analyzing financial facts, approaches, and transactions. They generally paint with auditors to make sure that the company is following all relevant laws and policies.

It's far absolutely possible to exchange from an accountant to a monetary analyst. You already apprehend the basics of accounting data, which offers you a huge advantage. By using addressing the 10 steps in this newsletter, you'll learn the important capabilities to deliver cost to a business enterprise as a financial analyst.

Investment analysts accumulate statistics, perform research, and examine property, such as shares, bonds, currencies, and commodities. funding analysts often attention to unique niches to grow to be specialists in their selected fields, which include a specific enterprise, a geographical vicinity, or a particular asset class.

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Payments that are used to ensure acceptance of the standard treatment that businesses must receive from foreign governments, but which may not be due to obstruction from foreign officials, are called Grease Payments.

A payment system can be defined as a system used to transfer funds from one party to another. The point is that the payment system is concerned with processing payments for things such as services, goods, bills, and so on.

Payment methods are divided into two, namely cash and non-cash payment methods. The cash payment method is a payment process that occurs between one party, and another directly concerned party. This method is a conventional method that we often do face to face and hand over money.

Over the years, cashless payment methods have evolved. This payment system has been provided by various institutions with various advantages that can be felt by customers.

Therefore, this method is very liked by many people because it is practical and easy to do anywhere and anytime. Each payment method has its own advantages and disadvantages and is tailored to individual needs.

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Each department has a separate work-in-process account when using a process costing.

A form of procedure costing that is used to determine how much a product costs at each step or process in the manufacturing process is refer as Process costing.

When the cost of each manufactured product is considered to be equal to the cost of every other product, it is used. In this, each department has a separate work-in-process account when using a process costing.

When compared to other cost allocation techniques, process costing has the advantage of being simpler to implement when costing similar products.

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Future value is the current value of an asset at a future point in time when it has grown at the specified int rate or growth rate.

FV = PV (1+r)^n

where r is the interest rate per period

n - number of periods detail amount

present value $500.00

interest rate 1.6667%

period 72

future value = present value * ( 1 + r )^n

= $500 (1 + 0.016667) ^72

= $500 (1.016667 ^72)

= $500 * 3.2874

= $1643.72

An asset is a resource of economic value owned or controlled by an individual, firm, or country with the expectation of future profit. Assets are reported on the company's balance sheet. They are classified as short term, fixed, financial, and intangible.

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Secondary effects are the results of economic activity that emerge gradually over time as people respond to circumstances.

-True

Who defines economic activity?

When certain commodities or services are produced, an economic activity occurs when resources like labor, manufacturing processes, capital goods, and intermediary items are integrated. As a result, the characteristics of an economic activity are an input of resources, a production process, and an output of products (goods or services)

The importance of economic activity

Primary economic activities provide other industries with the raw materials they need to further develop and refine these resources into finished goods to sell to end users. The number of employees working in the primary sector is falling in both developed and developing nations.

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Upper-level management is most likely putting pressure on leon to manage the schedule and budget

To accomplish a goal, tasks are coordinated and managed through management. These administrative tasks involve determining the organization's strategy and coordinating the staff's efforts to achieve these goals by utilizing the resources at hand. The seniority hierarchy of employees within a company is another definition of management.

Planning, communication, organization, and leadership are just a few of the talents you'll need to master in order to become a successful manager. In order to successfully direct personnel, sales, and other activities, you'll also need to have a thorough understanding of the company's objectives.

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Employee empowerment occurs when employees are provided with the ability to take on responsibilities and make decisions regarding all aspects of product development or customer service.

Giving employees the freedom, tools, and support they require to act independently and be held responsible for their decisions is essential, according to the management tenet of employee empowerment. Empowerment is crucial because It works wonders for fostering creativity but less so for enhancing consistent performance. Research has repeatedly shown that when workers feel empowered at work, they perform better, are more satisfied with their jobs, and are more loyal to the company. Employee empowerment can increase employee motivation, foster employee trust in leadership, foster greater creativity, and improve employee retention, all of which contribute to a higher bottom line. Expressing gratitude for someone's efforts is one of the best ways to empower them.

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Information can be a powerful tool if it is timely, accurate, managed, and shared. The challenge is the sharing of information along the supply chain and the discipline to ensure the integrity of the data collected.

Information is stimuli that have meaning in a few contexts for its receiver. whilst records are entered into and saved in a laptop, it is commonly referred to as statistics. After processing -- which includes formatting and printing output data can once more be perceived as data.

Humans use the information to seek which means in a ramification of conditions. now and again they use records instrumentally, to do something tangible (e.g., to gather a skill or attain a purpose). Other times, statistics is used cognitively (e.g., to generate ideas).

Information management is an important thing for records-pushed corporations that allows them to make higher selections and obtain dreams. Knowledge of the purpose of records control can help your enterprise beautify the use, safety, and storage of facts to operate extra efficiently.

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the potential cost of making another truck for him Increases.

How does opportunity cost work?

The value of what you must give up in order to pick something else is referred to as opportunity cost in economics. It is, in a nutshell, the worth of the path not traveled.

When comparing several options, opportunity cost might be helpful in determining which one has the fewest drawbacks.

The opportunity cost is the lost study time and money that could have been used for something else. A farmer decides to sow wheat; the opportunity cost is not doing so or using the resources in a different way (land and farm equipment)

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Answer: Strong time management skills.

Explanation:

Time management skills looks at achieving goals in a shorter period of time and making available time for other activities you plan to achieve, it helps you plan your events well void of much stress, gives you focus and meeting up with deadlines.

Jemimah has to work on her time management skills, she has to analyze the project and work out a plan on to meet up before the deadline. She can break the project in bits and set short deadline for her self on each task, in doing so, sh would relieve herself of stress and meet up with the deadline she was given.

On the sale of this building, the company should recognize is $600,000.

What is company?

The term company refers to the legal entities that are legally registered in accordance with the Company Act. Company is the main goal to earn higher profit, and they maintain the goodwill.

A company purchased the building amount on the $850,000 on january 1, 2010. A accumulated depreciation record of the related to the building are $200,000 (net book value of the building to the amount on the $650,000) It sold on the $1,250,000 on january 1, 2015.  

$850,000 - $200,000

=  $650,000

$1,250,000 - $650,000

The company will recognize the amount of the $600,000.

As a result, the sale of the building to the amount of the recognize to the building are the $600,000.

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Answer:

Umm. Money

Explanation:

Well its not bananas or ketchup is it?

Let's say you own an asset that had a 17 percent total return the previous year. Considering that there was 3.6% inflation last year, the real return was 13.4%.

Since the real rate of return adjusts for inflation, we must deduct inflation from the nominal rate to obtain the real rate of return.

Nominal return minus inflation equals real rate of return.

Real return = 17% – 3.6%

So, Real return = 13.4%.

Nominal rate of return and real rate of return are two ways to express rates of return. The real rate of return is obtained by adjusting the nominal rate of return for inflation. Real rate of return is said to be a more accurate indicator of return. This is primarily because a nominal return must only be the result of inflation and not actual value creation. A rise in the real rate of return indicates that the asset has actually gained value.

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The correct answer is historical evidence from the U.S. newspaper industry.

The factors that led to this rise in American newspapers were numerous and independently generated, yet they all reinforced one another. The population of the United States was increasing and moving into new areas that were away from the early coastline colonies. Newspapers blossomed when new institutions, including towns, emerged. Every daily newspaper subscriber is aware that it arrives on the driveway in the early morning. Newspapers are delivered by independent contractors known as carriers using their cars after they have been purchased at a discount. Between the first quarter of 2020 and the most recent reported period, which covers the six months to March 2021, the Wall Street Journal, the New York Times, and USA Today together lost more than 500,000 print subscribers.

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The term where the group of all the product lines provided for the sales by a company is known as the product mix.

The information related to the product mix is as follows:

So the other options are to be considered incorrect.

Therefore we can conclude that the term where the group of all the product lines provided for the sales by a company is known as the product mix.

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Answer:

B is the correct answer to your question

In the product markets of the circular flow model, households provide  _______to the business sector in exchange for goods and services.

Government

financial

Foreign trade

Household

In the product markets of the circular flow model, households provide labor to the business sector in exchange for goods and services.

Government

financial

Foreign trade

Household

Households offer Labor to the commercial sector in return for commodities and services in the product markets of the circular flow paradigm

The required details for  Model of Circular Flow in given paragraph

What Is the Model of Circular Flow?

The circular flow model explains how money circulates in society. Money is exchanged between producers and employees as wages and between workers and producers as product payments. An economy is, in essence, a never-ending circle of money.

Although the model's basic structure is as stated, actual cash flows are more intricate. To further illustrate the complexity of today's economies, economists have included more variables. These components comprise a nation's gross domestic product (GDP), sometimes known as national income. Because of this, the concept is also known as the circular flow of revenue model.

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Following adjusting entries, Walker's Tax Services had the following accounts and account balances. let's say that each account has a typical balance of total 104150.

What is an Account balance?

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