The answer is: c. determines the topics of scientific inquiry and shapes the interpretations of data.
This mean that scientific pattern always the same whether we observe it in the past, or today. But the interpretation that we have when we see the pattern could be completely different.
for example, the fact that we require a certain type of blood during blood transfusion has always the same in the past and today.
But, since past people do not understand the concept regarding different blood types, they always interpret the success of blood transfusion as pure luck. Medical professionals on modern day however, could recognize the pattern and understand that the result is not only pure luck.
The given statement exists true. That the basic form of cost-volume-profit analysis is often called break-even analysis.
<h3>
What is break-even analysis?</h3>
- By comparing the costs of a new business, service, or product to the unit sell price, a break-even analysis calculates the point at which you will become profitable.
- Break-even analysis focuses on determining what number of sales will prevent losses given the fixed and variable expenses.
- In other words, it indicates the point at which you will have sold enough units to pay for all of your costs.
Fixed Costs / Contribution Margin = Break-even point
- Cost-Volume-Profit Analysis (CVP analysis), also commonly referred to as Break-Even Analysis.
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Answer: They gained back all of the territory they had lost before the war
Answer:
- Gains from trade
- Consumer Satisfaction
- Greater Efficiency
- Growth Opportunities
Explanation:
According to Investopedia, specialization is a method of production where an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency.
A country can specialize on the production of a particular commodity or service that is peculiar to their part of the world giving them the opportunity to become very efficient and have more opportunities for growth. Some of the benefits of specialization in a country include;
- Economies of scale/ greater efficiency: A country that is involved in specialized production will have very efficient production because the more focus they have on one task, the more efficient they become at this task which reduces the time and money involved in producing a good.
- Gains from trade: Two countries that both have comparative advantages on different products will benefits greatly if they continue in their specialized products and trade. For example country X produces fabric at a very cheap rate and country Y produces rice at a very cheap rate. It will cost country X a greater amount to start rice production than to just trade and get rice from country Y and vice versa. So both countries benefit from specializing and trading.
- Growth Opportunities: A country can gain access to the world market which allows them to grow bigger and in turn increase their efficiency.
- Consumer Satisfaction: Specialization means that cost of production is lower which makes the cost of goods relatively cheaper.
In the Apology, Socrates said that a good person does what he knows to be right despite negative personal consequences.
Socrates was a philosopher in Athens who questioned the prevailing beliefs of his time. Due to this, he was charged with impiety and corrupting the youth, and sentenced to death. The Apology contains his speech before he drank the hemlock.
Socrates argues that when considering a course of action, the solely important question is whether one would be acting justly or not. Justice trumps considerations of life and death.
He argued that since he was tasked to philosophize by none other than Apollo himself, he cannot abandon his post no more than a good soldier could abandon his post in battle.
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