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GaryK [48]
3 years ago
13

Two contractors are comparing the stages of the design phase for a construction project. Contractor A says that the approval of

the completed DD documents by the owner occurs during the design development stage. Contractor B says that the schematic design stage is the last stage that occurs. Which one of the following statements is correct?A)Only Contractor A is correctB)Only Contractor A is correctC)Both Contractor A and Contractor B are correctD)Neither Contractor A and Contractor B are correct
Business
1 answer:
timama [110]3 years ago
7 0

Answer:

The correct answer is the option A: only Contractor A is correct.

Explanation:

To begin with, the design phase regarding a construction project involves the convertion of the idea and instructions into a creatable plan. Furthermore, this design stage counts with common but fundamental stages itself as well, including the schematic design, the design development, the construction documents and the construction administration.

Secondly, the <u>shematic design is the first stage</u> of the design phase for a construction project and it requires to understand what the client is looking for and to translate ideas into concepts.

Finally, the development design is the second stage of the design phase for a construction project and it involves many modifications to the original idea and also the <u>approval of the conceptual design by the client</u> in order to move forward to the next stage.

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Define and explain each concept and give specific examples: a. Marginal Propensity to Consume and Marginal Propensity to Save (
siniylev [52]

Answer:

The marginal propensity to save (MPS) is the portion of each extra dollar of a household's income that's saved. MPC is the portion of each extra dollar of a household's income that is consumed or spent. Consumer behavior concerning saving or spending has a very significant impact on the economy as a whole.

Multiplier Effect

for every dollar the government spends, it will create a greater than one dollar change in GDP

Spending Multiplier

1 / 1-MPC or 1 / MPS; increase in spending .: + multiplier; decrease in spending .: - multiplier

Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit.

Crowding out in businesses an economic concept that describes a situation where personal consumption of goods and services and investments by business are reduced because of increases in government spending and deficit financing sucking up available financial resources and raising interest rates.

Explanation: Marginal Propensity to Consume

the fraction of any change in disposable income that is consumed; MPC = change in C / change in DI

Marginal Propensity to Save

the fraction of any change in disposable income that is saved; MPS = change is S / change in DI

3 0
3 years ago
Queen, inc., has a total debt ratio of .32.
gulaghasi [49]

(A) Debt ratio = 0.32

Debt/(debt + equity)= 0.32

Debt = 0.32 *Debt + 0.32 *Equity

0.68* Debt = 0.32* Equity

Debt = 0.32*Equity/0.68 = 0.32/0.68 * Equity

Debt /equity ratio = (0.32/068*Equity)/Equity

Debt/Equity ratio = 0.32/0.68 = 0.47

Debt-equity ratio = 0.47 (Rounded to 2 decimals)

(B) Equity multiplier = 1 + debt -equity = 1+0.47 = 1.47

Equity multiplier = 1.47 (Rounded to 2 decimals)

4 0
4 years ago
Compared to other groups, the _______________ generational cohort is more likely to complain, need special attention, and take t
Vinvika [58]

Answer:

<u>Seniors </u>

Explanation:

The seniors generational cohorts refers to the generation that preceded the generation of baby boomers classified as those individuals who were born between 1946 and 1964.

The seniors generation is habitually complaining, something inherited from their witnessing times of wars and periods of uncertainties and financial distress.

This generation commands respect, special attention and at the same time are more miserly in their spending habits.

Also a common observation being, these individuals are not well familiar and adept with technological advancements such as gadgets, systems and modern day appliances in the sense they require more time to get used to them.

5 0
4 years ago
On May 3, 2020, Cheyenne Company consigned 90 freezers, costing $480 each, to Remmers Company. The cost of shipping the freezers
Viktor [21]

Answer and Explanation:

The computation is shown below;

a.

Inventory Unsold in Hand (90-45) 45

Unit cost Unsold (45 × 480) $21,600.00

Shipping cost on Unit Unsold (850 ÷ 90 × 45) $425.00

Value of Inventory (21600 + 425) $22,025.00

b.  

Sale value (45 × 780) $35,100.00

Less: Cost  

Unit cost Sold (21600+425) -$22,025.00

Comission of Consignee (35,100 × 6%) -$2,106.00

Advertising cost -$210.00

Installation cost -$330.00

Net Profit $10,429.00

c.  

Sale value (45 × 780) $35,100.00

Less: deduction made by consignee  

Comission of Consignee (35100 × 6%) -$2,106.00

Advertising cost -$210.00

Installation cost -$330.00

Net Remittance made by consignee $32,454.00

5 0
3 years ago
When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is des
wlad13 [49]

When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is described as Additive Seasonal Variation.

What is Additive Seasonal Variation?

The seasonal component is stated in absolute terms in the scale of the observed series using the additive approach, and the level equation adjusts the series for the season by deducting the seasonal component. The seasonal component will roughly equal zero within each year.

therefore,

When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is described as Additive Seasonal Variation.

to learn more about Additive Seasonal Variation from the given link:

brainly.com/question/11770138

#SPJ4

3 0
2 years ago
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