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3 years ago

In this type of economy, production is determined by tradition, ritual, or custom.

Business

1 answer:

svet-max [94.6K]3 years ago

7 0

Answer:

Traditional economy

Explanation:

A traditional economy is really an initial organization framework under which the products and services produced in an market, as well as the laws and method of the delivery, are influenced by practices, beliefs, and ideologies. Nations that have used the form of economic structure are mostly plantation and agricultural.

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A retired auto mechanic hopes to open a rustproofing shop. Customers would be local new-car dealers. Two locations are being con

8_murik_8 [283]

Answer:

1) Outside Location

2) Central Location

The profit will be the same when monthly demand is 230 cars

Explanation:

Let central location be termed as location A

Let outside location be termed as location B

1. Demand 200 cars

Profit- Location A = (90-30) * 200 - 7000 = $5000

Profit- Location B = (90-40) * 200 - 4700 =$5300

2. Demand 300 cars

Profit- Location A = (90-30) * 300 - 7000 = $11000

Let x be the number of cars where profit is same,

we will equate both the profit equations

(90-30)*x - 7000 = (90-40)*x - 4700

60x - 7000 = 50x - 4700

60x - 50x = 7000 -4700

10x = 2300

x = 2300/10

x = 230 cars

Profit- Location B = (90-40) * 300 - 4700 =$10300

6 0

3 years ago

Jason trevor owns a commercial bakery in blakely, georgia that produces a variety of goods sold in grocery stores. trevor is req

guapka [62]

Unsure if there is a question posed or implied here. In any event, Trevor should have immediately researched and documented the suspect batch(es) of peanut butter, contacted any retailers who may have received the contaminated batches and then confirmed that those batches had been returned to his plant and destroyed. At the same time he should have instructed his employees to shut down the production of peanut butter, destroy the plants current output, and completely clean, inspect and retest the line in order to ensure that uncontaminated peanut butter was being produced. During this self-inspection stage, he shoudl have also notified the US FDA and reported onwhat had been done and documented.

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3 years ago

What is the maximum amount that OSHA can impose as as penalty on an employer for each willful violation

mixas84 [53]

For each willful violation $129,336 per violation

8 0

3 years ago

Imagine you borrow $1,100 from your roommate, agreeing to pay her back $1,100 plus 7 percent nominal interest in one year. Assum

MAXImum [283]

Answer:

Dollar amount that you have to pay = $1.179,52

Dollar amount of interest results of real rate = $40,03

Explanation:

First of all, you have to convert the annual interest rate to annual efective rate with the next procedure:

a) transform annual interest rate to monthly interest rate:

Monthly interest= (7%/12) = 0,58%

b) Now you have to convert to annual efective rate

Annual effective : =((1+0,58%)^(12))- 1 = 7,23%

Now that you has this rate, you can calculate how much money you have to pay at the end of the year with the formula of future value:

FV= amount monye borrowed *(( 1+7,23%)^(1))

FV $1.100 *(1+7,23)

FV= $1.179,52

Secondly, you need to have to do the same procedure with the inflation

FV= amount monye borrowed *(( 1+3,59%)^(1))

FV $1.100 *(1+3,59%)

FV= $1.139,49

Now if you have to make the next operation and find the difference between the amount of the value that you have to pay to your friend and substract the calculous

amount of the interest payment is the result of the real rate

$1.179,52 - $1.139,49 = $40,03

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4 years ago

You are mailing invitations to new medicare beneficiaries for a marketing event. You want an idea of how many people to expect?

kotegsom [21]

If you want an idea of how many people to expect, so you would like to request RSVPs.

The Social Security Administration launched the Medicare national health insurance program in 1965. The Centers for Medicare and Medicaid Services are currently in charge of running the program.

Medicare (medical insurance) assists in covering the costs of some preventive services, outpatient care, home health care, durable medical equipment, and services from physicians and other healthcare professionals.

Low-income seniors are especially in need of Medicare coverage since they are less financially secure than their higher-income counterparts and have fewer resources available to them in the event of large medical expenses.

In light of the above, it is important to keep in mind that while you can ask for an RSVP, you are unable to get contact information. This will give you a better idea of how many people to expect.

To know more about Medicare refer to: brainly.com/question/11224262

#SPJ1

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2 years ago