George's decision to purchase a Toyota Prius as a sales car was influenced by its fuel efficiency, as it gets 51 miles per gallon.
What is the reason?As a salesman who spends a lot of time on the road, George recognized the need to minimize fuel costs and reduce his carbon footprint.
The Toyota Prius is a popular choice for eco-conscious consumers due to its hybrid engine, which combines a gasoline engine with an electric motor. This technology enables the car to achieve higher fuel efficiency while emitting fewer pollutants than traditional gasoline-powered cars.
George's choice of the Toyota Prius demonstrates his commitment to reducing his impact on the environment while also saving money on gas expenses.
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McKay Company produces curling irons. The plastic handles used to produce the curling irons are purchased from an outside supplier. Each year, 45,000 handles are used at the rate of 150 handles per day. Some days as many as 180 handles are used. On average it takes 4 days after an order is placed for the inventory to arrive at McKay Company.
Required:
A. Calculate the reorder point without safety stock.
B. Calculate the amount of safety stock.
C. Calculate the reorder point with safety stock.
Safety stock is an extra supply of a product held in the warehouse to prevent running out. It offers defense against changes in demand.
What is the use of safety stock?Organizations can avoid stockouts by using safety stock as a buffer against incorrect planning or lax supplier schedule adherence. Because of this, its expense (both in terms of material and management) is frequently viewed as a drain on financial resources.
How much safety stock is a decent level?The ideal level is dependent on a number of variables, such as inventory velocity, present and future demand, sales volume, and supplier lead times. Generally speaking, the lead time in days multiplied by the daily inventory usage to determine the safety stock level.
. A. Reorder point without safety stock = average daily rate x lead time=150 x 4 = 600
B. Safety stock = (maximum daily rate - average daily rate) x lead time=(180 - 150 ) x 4 = 120
C. Reorder point with safety stock = reorder point without safety stock + safety stock=600 + 120 = 720
Answe 2
A. Machine-related rate = $160,000/(10,000 + 40,000) = $3.20 per machine hour
B. Other overhead rate = $240,000/(30,000 + 30,000) = $4.00 per packing order
C. Overhead cost per unit for Hooked = [($3.20 ´ 10,000) +($4 ´ 30,000)]/200,000 = $0.76
D. Overhead cost per unit for Straight = [($3.20 ´ 40,000) + ($4 ´ 30,000)]/2,000,000 = $0.124
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disadvantages of using activity-based costing includes all of the following:
Setting up and maintaining an ABC system takes time and money, but it provides management with important information that can be utilized to enhance process efficiency and raise product profit margins.
Activity-based costing, sometimes known as ABC, is a method used in accounting to assign indirect costs to goods. Manufacturing overhead expenses are allocated using an activity-based costing approach. Production overhead refers to the secondary costs associated with manufacturing. This excludes direct materials and labor. Using this strategy results in a more realistic portrayal of all expenses associated with the production of a product. The ABC approach categorizes overhead costs into cost pools. A cost pool is a collection of separate expenses. This category is influenced by the same cost drivers. The ABC technique assigns expenses based on related activities, such as the use of expensive to maintain equipment.
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Because this core process calls managers to link their employees’ talent to strategic goals, Bossidy and Charan believe that the ________ process is the most important.
Multiple Choice
O operations
O leading
O people
O planning
Bossidy and Charan believe the people process is paramount, as this core process encourages managers to connect the talents of their subordinates to strategic goals.
What are the people process?
HR processes bring together ideologies and core values to ensure alignment with people at all levels of the organization. This process is standard for proven and successful organizations.
But for younger companies, or organizations that are not yet in their best season, the way to implement this process is to define an ideological framework, apply that framework to the core leadership team, and then apply that framework. Incorporate it throughout your organization. These are like subprocesses of the individual process.
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____ and _____ are different parts of the communication process.
Speaking, talking
Listening, hearing
Listening, speaking
None of the above
The answer is Listening, speaking. I got 100% in edge.
Listening and speaking are different parts of the communication process. (Option C).
What is Communication?The elements of communication include a sender, a message, a medium, a channel, a receiver, a reaction, and feedback. Communication is a two-way process. However, having only these components is insufficient; there also needs to be cooperation and understanding between the two sides.
Finally, the act of successfully communicating involves a number of phases or acts, which are referred to as the communication process. It involves a number of elements, including the communicator, the message being sent, the message's encoding, the receiver, and the message's decoding.
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A knowledge problem exists when
a. the information available to a decision-maker is not accurate and based on opinion.
b. the information needed to make a good decision is not available to a decision-maker.
c. a decision-maker refuses to believe or make use of available information.
d. so much information is available to decision-makers that it is difficult to process all the relevant information.
The knowledge problem occurs when: B) the information necessary to make a good decision is not available to the decision maker.
The required details about knowledge problem is mentioned in below paragraph.
The knowledge problem is the assertion that the data necessary for rational decision making Economic planning is distributed among the individual actors and must therefore exist outside the knowledge of the central authority. The notion of the knowledge problem is related to F. Hayek's seminal article "The Use of Knowledge in Society" (1945).
The fundamental economic problem facing societies, according to Hayek, is not the allocation of a particular set of resources according to a particular set of technical preferences and capabilities; on the contrary, the coordination of decisions and actions between individual actors interacting with scattered private knowledge and plans is the basis of economic activity.The distributed and private nature of knowledge makes such coordination of plans difficult, but institutions that enabling decentralization Coordination arises from people in.
In the problem of knowledge, prices and market processes create a coordinating institution. Furthermore, Hayek argued that knowledge goes beyond "scientific" information, that there is no fixed, uniform set or distribution of data, and that data cannot capture all knowledge relevant to both static decision-making and coordination.
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What is a disadvantage of automatic withdrawal?
The use of automatic payments has some drawbacks. If you don't carefully monitor how much money you spend each month and make sure there is enough in your account to manage your automated payments, you run the danger of forgetting about a significant upcoming payment and overdrawing your account.
You can stay on schedule and avoid delinquency by setting up an automated bill payment. It is safe. Data breaches generate news, but doing your banking online is just as safe as putting your check in an unattended mailbox.
You may lessen your chance of forgetting to pay a payment on time, paying late penalties, and hurting your credit score by setting up autopay for your accounts. Automated payments may simplify your personal finances and save you time, but they aren't always the ideal choice.
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What are 4 benefits of having a checking account?
The advantages of account- bank can provide payment proof, Build credit, schedule payments on time, access your funds without carrying cash, Access your payment instantly, make purchases online using banking.
What is checking account?Checking accounts at financial institutions allow for both deposits and withdrawals.
Cheques, automated teller machines (ATMs), and electronic debits are just a few of the many ways you can access checking accounts, which are generally liquid.
In contrast to other bank accounts, a checking account typically allows limitless withdrawals and deposits, but savings accounts could occasionally impose restrictions on both.
A checking account might be useful for anyone who frequently has to make withdrawals or transactions from a bank account.
Typically, opening a checking account is a quick and simple process. A bank office is where you can apply in person or online.
What is the difference between checking account and savings account?The commonplace uses of a checking account. In order to store money for the long term and earn interest, use a savings account.
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What is the difference between domestic and foreign trade?
International trade is the process of trading products and services across country boundaries. When a company conducts trade within a nation's borders, this is referred to as domestic trade.
Economic activities referred to as "domestic business" happen within a nation's territorial limits. In this kind of transaction, both the buyer and the seller are nationals of the same nation. Home trade or internal business are other names for domestic business.
The term "international business" refers to economic activities that take place across national boundaries. In this type of transaction, the buyer and seller do not share a nationality. Businesses engaged in international trade are referred to as "multinational" or "transnational" businesses.
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How is car lease amount calculated?
Car lease amount is calculated by dividing the car value with the terms of the lease added with the interest amount to be paid.
To determine the car lease amount, you might need to do steps:
Geather lease informationsCalculate the car's valueDetermine the principal amountCalculate the interest aounAdd the principal and interest paymentsFirst, you need to gather all related data about the vehicle you want to lease. You need the manufacturer suggested retail price (MSRP), negotiated price, residual value, term of lease, and interest rate factor. You might ask a car finance company or browsing in the internet to get these informations.
Next, you need to calculate the vehicle value by using the MSRP and residual value data. Since a lease is only up to 36 months, the full value of the car would not be used by the leaser. You can ask the car finance expert to get the information related the residual value of a vehice. You can negotiate the lease value between the MSRP and the residual value of the vehicle.
Then, you can calculate the principal amount of the car lease by dividing the negotiated car value with the term of the lease. You need to calculate te interest amount by multiplying the principal amount with the interest rate factor. Lastly, you need to sum up both the principal amount and interest amount to estimate your total lease payment.
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The level of risk management applies when on the run.
a. True
b. False
The level of risk management applies when on the run. - False
Identification, assessment, and control of financial, legal, strategic, and security threats to the assets and profits of an organisation constitute the process of risk management. Numerous risk management levels explain the operational risk management approach utilised at various project stages and under varied circumstances.
It describes the procedure of determining, evaluating, and prioritising risks before taking action to reduce or manage them. In order to assist the safety and security of personnel, property, and business operations, it is frequently employed in the context of corporations, organisations, and other legal bodies. The traditional context of risk management does not relate to the idea of being on the run.
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What are good investments for 401k?
For many Americans, contributing to a 401(k) is a crucial element of saving money for retirement. Since you typically won't access your 401(k) money until you turn 5912.
These employer-sponsored retirement accounts have years, and even decades, to increase in value. Stocks and mutual funds are only a couple of the numerous investing options available to you. Some people choose risky investment strategies in the hopes of earning larger returns because they have a higher risk tolerance. Others favour a more cautious strategy that reduces the danger to their 401(k) value. Investments include risk, but some 401(k) options are more stable than others over time. An example of a pooled investment vehicle for debt securities is bond funds. Bond funds frequently concentrate on a specific category of bonds, such government bonds. While some bond funds have a broad objective, others have a more specialized one.
Depending on the sort of bond fund you select, risk levels will vary, but bond mutual funds are typically viewed as a more conservative option than stock mutual funds.
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Is NAFTA a successful agreement?
To increase trade between the United States, Canada, and Mexico, the North American Free Trade Agreement (NAFTA) was established more than 20 years ago.
What made NAFTA a success or a failure, and why?The North American Free Trade Agreement has been a success by any standard, despite what critics of trade liberalization like Pat Buchanan claim. Since the implementation of NAFTA, trade between the U.s, Canada, and México has soared, benefiting both American exporters and consumers. Until the USMCA went into effect, NAFTA was still in effect. Canada and Mexico informed the United States that they were prepared to put the deal into effect in April 2020. NAFTA was replaced on July 1st, 2020, by the USMCA. There were little adjustments made by the new law. However, NAFTA resulted in an enormous new U.S. NAFTA trade imbalance due to an increase in imports rather than an improved trade balance with Mexico and Canada.
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How to increase profit margin?
The concept given is Profit Margin. Profit margin is a measure of how profitable your business is.
Profit margin is the company's net income divided by sales or net income. Expressed as a percentage, it measures how much of every dollar of sales or services your company retains from its earnings.
The good margin varies widely by industry, but it's generally accepted that a 10% net profit margin is considered average, a 20% margin is considered high (or "good"), and a 5% margin is considered low.
Various ways to increase profit margin include:
Reduce operating costs. Don't obsess over the profits of a single order. Increase your credibility. Increase your average order value. Create a customer loyalty program.To know more about Profit margins,
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deadline for employers to mail w-2s to their employees
By January 31, 2023, you must provide Copies B, C, and 2 of Form W-2 to your workers. If the form is correctly addressed and mailed on or by the due date, you will fulfill the provide requirement.
You must file your tax returns with the IRS every year. The IRS takes the deadline for filing and paying taxes very seriously, and it should be prominently marked on your calendar. You must file your W2 form as part of your tax return. This is a document provided by your employer. It includes your earnings statement as well as a record of how much tax was deducted from your monthly paychecks. Your employer is required to provide W2 paperwork to you and the IRS each January. The W2 form shows how much money you earned the previous year. It also displays how much tax was deducted by your employer for income, Social Security, and Medicare. You must include the W2 form with your tax return.
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Why interest rates are less in developed countries?
The cost of bonds issued in the currencies of larger nations makes them more expensive frequently sold at lower interest rates. In addition, the start of a currency union lowers interest rates in member nations.
Interest rates are a common monetary instrument used to assist stimulate the economy during difficult economic times or to reduce the money supply during periods of high inflation. Interest rates fluctuate throughout time based on market conditions. The cost of bonds issued in the currencies of larger nations makes them more expensive frequently sold at lower interest rates. In addition, the start of a currency union lowers interest rates in member nations.
Since the globe is currently experiencing a pandemic, all nations are in a unique position to protect their economies from collapsing and are consequently adapting their monetary policies to the circumstances. As of June 11, 2022, the five nations having the lowest interest rates are shown below.
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What are the two main services that banks provide?
Banks' main responsibilities are to accept deposits and issue loans. However, banks are able to provide a wide range of goods and services, such as: Deposit accounts (checking, savings, CD, and money market accounts); Loans, such as mortgage, auto, and personal loans.
The three services that banks offer are lending, saving, and money storage. With protection against robbery and FDIC insurance to prevent consumers from losing their money if the bank is unable to repay loans, banks offer people a convenient and safe place to put their money.
The most frequently offered services include a range of checking and savings accounts, certificates of deposit, and loans, such as mortgages and loans for cars. Safe deposit boxes and services relating to investments are examples of additional services.
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Costco - The Six Rights of
Merchandising
Answer:
Explanation:
"Our merchandising philosophy, very simply stat- ed, requires that we have the Right Merchandise, in the Right Place, at the Right Time, in the Right Quantity, in the Right Condition, at the Right Price."
An economy with a larger involvement in foreign trade:
1) is more likely to suffer a larger trade imbalance.
2) may measure its exports as a share of GDP.
3) has a substantial trade imbalance.
4) has an underlying trade imbalance.
An economy with larger involvement in foreign trade may measure its exports as share of GDP.
What is an export?Exports are products and services that are made in one nation and offered to customers in another. Imports and exports both make up global trade. Nations frequently choose on purpose to conduct business in foreign markets around the world, which give the possibility of greater income and transactional opportunities, as opposed to limiting themselves to their own borders. Export agreements are typically really strategic, and nations exchange them to make sure that their own nation can distribute goods for greater domestic revenue through imports as well as get the things they need via export. Keeping this in mind, governments may be able to influence political conditions by influencing exports. In response to the conflict in Ukraine, the White House issued an executive order that prohibited the import and export of certain products from Russia.
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Which is NOT an example of a supply chain player?
a. Communicator
b. Agent
c. Wholesaler
d. Retailer
Communicator is not an example of a supply chain player. Supply chain include manufacturers, suppliers, warehouses, carriers, distribution centers, and retailers.
What are the functions of Supply Chain?A network of manufacturers and service providers who work together to transform goods from raw materials to end-users. We are connected by the flow of goods, the flow of information, and the flow of money. Supply chain functions include product development, marketing, operations, sales, finance and customer service. The three levels of supply chain management are strategic, tactical and operational.
What are components of the supply chain?Integration, operations, purchasing and distribution are the four elements of the supply chain that work together to create a path to competition that is both cost-effective and competitive.
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Which statement best describes a mixed market economy?Consumer intervention in economic choices is strictly forbidden.The government determines economic choices and makes most decisions.The decisions made by producers and consumers drive all economic choices.Producers and consumers make some economic choices while the government makes others.Producers and consumers make some economic choices while the government makes others.
Consumer intervention in economic choices is strictly forbidden best describes a mixed market economy.
What three categories of mixed economies exist?
Ownership of the factors of production is known as partial state control.Total control by the government - The state has a direct impact on how the entities operate.Public-Private Partnership: A cooperative venture exists.A system that has elements of both capitalism and socialism is called a mixed economy. A mixed economy protects private property and permits some economic freedom in the use of capital, but it also permits government intervention in the economy to further social objectives.
Therefore, Consumer intervention in economic choices is strictly forbidden is the correct answer.
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A company's partners in the supply chain determine
A) the company's success.
B) the scope of strategic fit.
C) the relevance of sustainability initiatives.
D) the need for customers.
A company's partners in the supply chain determine the company's success.
What does a corporation mean?A group of people can come together to legally form a corporation to do business and run a commercial or industrial venture. Depending on its jurisdiction's corporate legislation, a corporation may be set up in a variety of ways for tax and financial liability reasons.
What makes it a "company"?Because of the desire of its employees to create value, a corporation is known as a company. The Latin word produco, which means to lead forth or bring forward, is the origin of the English verb "to produce." Old French compaignie, or companionship, is the origin of the word "company." Old English, which combines busy with -ness, is also where the word "business" first appeared.
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How did President Hoover respond to the challenges of the great?
President Hoover initially responded to the challenges of the Great Depression by telling Americans to remain strong
Hoover amassed a wealth in the millions through his business endeavors. He thought the country will emerge from the Great Depression by employing ethical corporate practices. To explore a strategy for rebounding from the stock market disaster, President Hoover met on November 21, 1929, with corporate executives, industry titans, and farm leaders. Hoover persuaded them to stop all ongoing strikes and union demands in exchange for maintaining stable pay. Numerous businesses agreed to work together. Hoover favored volunteerism, or private initiatives to help others. Hoover relied on his ability to persuade people to act with charity, patriotism, and concern for one another rather than using the government's authority. The president's own pay was forfeited. He donated it to a good cause instead. The president contributed $25,000 annually during the Great Depression
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Gene’s friends describe him as helpful, polite, and honest. Those adjectives describe Gene’s _____.
hobby
aptitude
skills
personality traits
Its personality traits, i got an 100% in edge
If Gene’s friends describe him as helpful, polite, and honest. Those adjectives describe Gene’s is: D personality traits.
What is personality traits?Personality traits can be defined as those traits or characteristic that help to describe who a person is and this traits has to do with they way a person behave or act.
People tend to have different personality traits as Mr A personality may be different from Mr B personality. This personality traits play an important role in our life as it defines who we are.
Therefore we can conclude that the correct option is D.
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An asset is classified as goodwill on the balance sheet when a company purchases an asset at greater than fair-market value. According to GAAP, you can adjust goodwill when__________
SELECT ONLY ONE
O an asset is
O sold stock prices go down
O a new asset is purchased
O stock prices go up
O goodwill is impaired
An asset is classified as goodwill on the balance sheet when a company purchases an asset at greater than fair-market value. According to GAAP, you can adjust goodwill when goodwill is impaired.
The definition of goodwillGoodwill is an intangible asset related to the acquisition of one business by another. It stands for value that might provide the purchasing company with a competitive edge.
What is an illustration of goodwill?When a firm buys another for a sum greater than the fair market worth of the latter's assets, goodwill is created. For instance, Company ABC might pay more for Company XYZ than the sum of its debts and assets. The balance would be recorded as goodwill on the balance sheet of Company ABC.
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Communist countries worked under the premise that
markets were the best way to organize economic activity.
central planners were in the best position to determine the allocation of scarce resources in the economy.
households and firms, guided by an "invisible hand," could achieve the most efficient allocation of scarce resources.
allowing the market forces of supply and demand to operate with no government intervention would achieve the most efficient allocation of scarce resources.
Communists countries believe that the government should control the means of production and decide how productive resources should be allocated. The central planners make all economic decisions on the supply side. Thus, option b. is correct
Contemporary governments promote business development by A) increasing business regulations.
Russia became the first constitutionally-constitutional Communists countries in history at the end of 1917. In 1922, it united with other previous imperial domains to form the Soviet Union. After World War II, the Soviet Army occupied much of Eastern Europe, helping to usher in communist regimes there. The communist countries of Eastern Europe and the Soviet Union were initially allies. Yugoslavia later declared itself to be non-aligned, while Albania later changed its direction. Following a fight against Japanese occupation and a civil war in which the Communists triumphed, the People's Republic of China was established in 1949. In addition, communist regimes were established in Vietnam, Cuba, Laos, Cambodia, and North Korea. 1989
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development is distinguished from training in that
Training is the process of enhancing employees' knowledge, skills, and capacities for doing a job. Employee development refers to their entire progress. These are learning activities intended to help employees grow.
Employee training and development are critical components of human resource function and management. Both initiatives attempt to improve employees' performance and productivity. Training is a program arranged by an organization to improve knowledge and skills in employees in accordance with job requirements. Development, on the other hand, is a structured action in which the organization's workforce learns and grows; it is a self-assessment act. Employees are given technical information and skills linked to their profession throughout training, which focuses on increasing each worker's competencies. Development, on the other hand, is a type of educational procedure that focuses on the growth and maturity of management professionals.
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What is reverse scaling? Why is it used? What is a potential problem with its use?
In reverse scaling, the researcher writes poor form for some gadgets on a multi-item scale so that the gadgets that are having most effective responses are simply at that give up of the scale which is contrary to that cease of scale where they would usually be.
Why is reverse scoring used?Reverse-scoring the negatively-keyed items ensures that all of the objects – those that are originally negatively-keyed and those that are positively-keyed – are regular with every other, in phrases of what an “agree” or “disagree” imply.
Scaling can be reversed by means of the usage of reciprocal factors. If we scale Figure A by means of a factor of 4 to obtain Figure B, we can scale B returned to A the usage of a thing of . This skill that if B is a scaled reproduction of A, A is also a scaled replica of B; they are scaled copies of each other.
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Answer:
Hands are fantastic tools for estimating serving sizes since we always carry them around and they are scaled to the size of the person to which they are attached. They're a consistent unit of measurement and can be used anywhere.
Which statement about pollution charges is correct?
a. A pollution charge is a tax imposed on the quantity of pollution that a firm emits.
b. A pollution charge gives a profit-maximizing firm an incentive to figure out ways to reduce its emissions—even when the marginal cost of reducing the emissions is greater than the tax.
c. A pollution charge is a tax imposed on the quality of pollution that a firm emits.
d. A pollution charge removes the incentive for a profit-maximizing firm to figure out ways to reduce its emissions.
Option A is correct. A pollution charge is a tax imposed on the quantity of pollution that a firm emits.
What is pollution charges?The main economic justification for the imposition of pollution fees—typically effluent or emissions charges—is to offer incentives to reduce pollution/effluent emissions to the point where the marginal costs of abatement are equivalent to the fee level. These fees can be distinguished from user fees.
How is pollution taxed?For every tons of greenhouse gas emissions, emitters are required to pay a certain amount, which is determined by the government. Businesses and consumers will take action to minimize their emissions in order to avoid paying the tax, such as switching to alternative fuels or implementing new technology.
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A person raises a box with a weight of 50 newtons by 0. 5 meter. How much work does the person do in this action?.
The work done by the person is 25J
What is the work done?Weight of the box = 50NHeight raised = 0.5m
Work done = weight x height
= 50 x 0.5
= 25J
Work on a body is accomplished not only by moving the body as a whole from one location to another, but also, for instance, by compressing a gas, spinning a shaft, or even by inducing quiet motions of the particles inside a body by an external magnetic force. The length of the path is multiplied by the component of the force acting along the path to calculate work if the force is constant. The work W is theoretically equivalent to the force f times the distance d, or W = fd, to represent this idea.To learn more about work done, refer:
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