Explanation:
A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.
Answer:
The cause may be environmental
Explanation:
The ratios show that ratio of incidence of chronic lymphocytic leukemia (CLL) in the population of country X is five times higher than the ratio in U.S. whites. However, the ratio of CLL in migrants from Country X to the U. S. is exactly the same as the ratio in U.S. whites. This relationship indicates that, rather than being genetic, the cause of CLL is more likely to be environmental.
The implicit cost is $61,000.
<h3>What is the implicit cost?</h3>
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
When you decide to start the business, you forgo the amount you earned from your job and the interest you were earning.
$60,000 + 1,000 = $61,000
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The <u>process </u>is a systematic series of actions that leads to a specific result or product.
<h3>What is a Process?</h3>
A process is a set of decisions and actions used to carry out the task. Although we may not be aware of them, processes are present in every sphere of our lives, including work and pleasure. Several instances of
processes may be:
- breakfast preparation
- Making a purchase
- establishing a budget
- A work order is written.
- A patient is triaged.
- sanitizing a space
- changing a car's oil
- placing truck straps
- refueling a vehicle
<h3>Timing and dependency of a Process</h3>
Awareness of genuine process behavior requires an understanding of timing and interdependence. The submitter only submitted background checks on Tuesday between 3:00 and 3:30 PM throughout the background check procedure outlined above. This implies that it can take up to 7 days for a pending background check to be filed. 14 extra days might be added to the background check procedure by three additional comparable delays. Understanding how actions inside a process are timed is essential to any improvement technique, but it is not made clear by the fundamental description. The framework for describing when a process takes place is not part of the fundamental concept of a process.
Therefore, As explained in your textbook, a <u>Process </u>is a systematic series of actions that leads to a specific result or product.
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