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sp2606 [1]
2 years ago
10

Most recent work on the history of leisure In Europe has been based on the central hypothesis of a fundamental discontinuity bet

ween preindustrial and industrial societies. According to this view, the modern idea of leisure did not exist In medieval and early modern Europe: the modern distinction between the categories of work and leisure was a product of Industrial capitalism. Preindustrial societies had festivals (together with Informal and Irregular breaks from work), while industrial societies have leisure in the form of weekends and vacations. The emergence of leisure is therefore part of the process of modernization. If this theory is correct, there is what Michel Foucault called a conceptual rupture between the two periods, and so the v
Business
1 answer:
Ostrovityanka [42]2 years ago
5 0

Answer:should be noted that, first paragraph of the passage enlightens us on the difference between preindustrial and industrial society in Europe and how great was it to an extent that “the modern

distinction between the categories of work and leisure” (lines 4-5) cannot be reasonably applied to the former, which implies that there exists a discontinuity between the two periods.

Furthermore, the second paragraph argues that the discontinuity approach can accommodate historical data.

On a final note, the third paragraph admits that, while it is very useful in some aspects, this approach “can pose problems of its own” (line 25) and it then briefly describes these problems. All this points to Choice E as correct.

The word “dichotomy” as it appears in the last paragraph of the passage. One of the key claims there is that the dichotomy “reduces a great variety … to the simple formula” (lines 31-33). Therefore Choice C is correct.

More so, “Simple dichotomy” is also mentioned in line 26. The passage states that this dichotomy “remains of use in so far as it reminds us that the rise of industrial capitalism” (lines 28-29) was not just an economic phenomenon, but also a social and a cultural phenomenon. This points to Choice A as correct.

We should also not forget that, the main purpose of the passage is to discuss the idea of “the central hypothesis of a fundamental discontinuity between preindustrial and industrial societies” (lines 1-3) in terms of the development of the concept of leisure. Large volume of the passage is focused on demonstrating the usefulness of this hypothesis; nonetheless, the second part of the third paragraph mentions some “distortions” (line 31) that may result if the hypothesis is accepted. Therefore Choice B is correct. Choices A, D, and E are incorrect, as only one hypothesis/solution is discussed in the passage. Choice C is incorrect, as the passage does not mention that the “distortions” (line 31) caused by accepting the hypothesis are illusory

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Answer:

D. charging more for electricity on hot days.

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2 years ago
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Walters Corporation sells radios for $50 per unit. The fixed costs are $525,000 and the variable costs are 60% of the selling pr
Ede4ka [16]

Answer:

b. 26,000 units

Explanation:

We will calculate break even point as;

Break even point = Fixed expenses ÷ Contribution margin per unit

Where,

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Also, Contribution margin per unit = Selling price per unit - Variable expense per unit

Selling price per unit = $50

Variable expense per unit

= 50% × $50

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Contribution margin per unit

= $50 - $25

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= $650,000 ÷ $25

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Which of the following skills allows advertising, promotions, and marketing managers to choose which strategies are
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Decision-making skills

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Serendipity Inc. is re-evaluating its debt level. Its current capital structure consists of 80% debt and 20% common equity, its
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Answer:

Using the current capital structure

Ke = Rf + β(Risk premium)

Ke = 5 + 1.60(6)

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Ke = 5 +  9.6

Ke  = 14.60%

Weighted cost of equity

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Ke = 8.76%

Difference in cost of equity

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= -5.8%

Explanation:

There is need to calculate the cost of equity based on capital asset pricing model where Rf  represents risk-free rate, Rp denotes risk-premium and β refers to beta. Then, we will calculate the weighted cost of equity by multiplying cost of equity by the proportion of equity in the capital structure. We will also calculate the new weighted cost of equity by multiplying the cost of equity the new proportion of equity in the capital structure. Finally, we will deduct the new weighted cost of equity from the old weighted cost of equity.  

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