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3 years ago

Why are the three separate occupations of plumbers, pipefitters, and steamfitters grouped together by the Department of Labor?

Business

1 answer:

Scorpion4ik [409]3 years ago

5 0

Answer:

Their duties are related, and their knowledge overlaps.

Explanation:

The Department of Labor of the United States, is the department that administers occupational safety, salary, working hours, etc. The department oversees the welfare of those who earn wages, seeking jobs, or retired people.

The Department of Labor grouped together the three separate occupations of plumbering, pipefitting, and steamfitting because their duties are somewhat related, and skills and knowledge intersect with each other.

<u>The duties performed by plumbers, pipefitters, and steamfitters include installing of pipes, fixing pipes, inspection of pipelines and pipe systems, repairment of pipes, etc. And the knowledge of pipe of all three occupations is also similar. It includes pipe system design, safety, tool use, etc.</u>

Thus the Department grouped them together because they have overlapping skills and knowledge, and similar duties. Therefore, the correct answer is the last option (D).

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docker41 [41]

The major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.

<h3>What is a strategy?</h3>

These are devices company employ to achieve their medium and long term objectives.

Hence, the major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.

Learn more about strategies here: brainly.com/question/24462624

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2 years ago

At a price of $200, a cell phone company manufactures 100000 phones. At a price of $300, the company produces 300000 phones. Wha

valkas [14]

Answer:

2.5

Explanation:

P1=$200

P2=$300

S1=100000

S2=300000

The percentage change in price is:

$\Delta P =\frac{300-200}{\frac{200+300}{2}}=0.4=40\%$

The percentage change in supply is:

$\Delta S =\frac{300000-100000}{\frac{100000+300000}{2}}=1=100\%$

The price elasticity of supply is given by:

$E=\frac{\Delta S}{\Delta P}=\frac{100\%}{40\%}=2.5$

The price elasticity of supply is 2.5.

4 0

3 years ago

investment is made at r percent compounded annually, at the end of n years it will have grown to A = P(1 + r)n . An investment m

bixtya [17]

Answer:

$1,500

Explanation:

Given the compounding formula $A = P(1+r)^{n}$

And given an investment (P), made at 16% compounded annually (r), and an ending amount of $1,740 (A) at the end of the year (n = 1 year), the original amount invested (P) can be computed as follows.

$1,740 = P(1+0.16)^{1}$

$1,740 = P * 1.16$

= P = 1,740/1.16 = 1,500.

Therefore, the original investment was $1,500.

3 0

3 years ago

1. Should you have a separate checking and saving account?

iris [78.8K]

Back when interest rates were high, I had just one account. I had a money-market checking account that offered good interest rates and unlimited check writing. But those days are long gone.

I want as high an interest rate as I can get for my savings. In order to get those rates, I am using a money-market savings account. All such accounts I’ve seen restrict the number of transactions I can make in a month. I need to be able to pay bills, no matter how many of them there are — and I never ever want to pay fees for excess transactions!

So I have a separate checking account. It pays less than half the interest rate of my savings account, but I can make as many transactions as I want. The bank offers a bill pay application that I use for most payments, and I can write as many checks as I want to. I can transfer money between the accounts quickly.

5 0

2 years ago

1. Over the past year, a customer has surrendered, in whole or in part, three life insurance policies. If part of a money launde

Thepotemich [5.8K]

Answer:

It represents the Integration stage

Explanation:

Money laundering is an illegal chain of activities done by individuals or corporate bodies to change the status of money gotten through a criminal activity into legitimate money. This chain of activities starts with the Placement stage then transforms into the Layering stage, then ends when it is already integrated into the legitimate financial system through the Integration stage.

After the money launderer conceals the illegal money through bank deposits or purchasing a life insurance policy at the Placement stage, the launderer then proceeds to further break the money into smaller amounts to evade suspicion by numerous transactions and bank deposits at the Layering stage, which is then ended by partial or whole surrenders of life insurance policies to make it now legitimate money.

3 0

2 years ago