demand factor initial value average american household income $40,000 per year roundtrip airfare from los angeles (lax) to las vegas (las) $100 per roundtrip room rate at the grandiose hotel and casino, which is near the peacock $200 per night

Answers

Answer 1

An increase in the average income of the household incomes would raise the quantity demanded of the room because generally hotel stay possesses a positive relationship with the income levels of the people.

If it could be said that if the consumer can have the maximum number of hotel stays with his given income is,

=$40,000/$200

=200units

Hence, the predicted demand which is possible at the maximum,

=$60,000/$200

=300units.

Hence, the predicted demand for room stays could go from 200 to 300 units.

The median household profits inside the U.S. for 2020 is $67,521, down from $ 68,703 in 2019. while examining median household profits by way of the kingdom, the kingdom with the best median family earnings is Maryland at $94,384. The nation with the lowest median family profits is Mississippi at $ 44,966.An own family income between $32,048 and $53,413 was taken into consideration decrease-middle class. For excessive earners, a 3-man or woman circle of relatives needed a profit between $106,827 and $373,894 to be taken into consideration top-center class, Rose says.

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Related Questions

there are dozens of laptop manufacturers around the world. according to the idea of efficient production, there should only be one laptop manufacturer, making laptops at the lowest marginal cost. a competitive market will drive most manufacturers out of business, leaving just a few firms to produce at the lowest possible cost. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms. government regulation will ensure that every firm produces at the lowest marginal cost.

Answers

According to the idea of efficient production,  option a. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms.

What do you mean by the term production?

Production is known to be a term that connote the act or the process of creating  or making of  goods, products or services from raw materials or other forms/components.

Note that In production is one that tends to make use of inputs and as well as uses them to make an output that is known to be fit for consumption  and it is one that gives value to the end-user or customer.

Therefore,  According to the idea of efficient production,  option a. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms.

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There are dozens of laptop manufacturers around the world.

According to the idea of efficient production,

a. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms.

b. a competitive market will drive most manufacturers out of business, leaving just a few firms to produce at the lowest possible cost.

c. government regulation will ensure that every firm produces at the lowest marginal cost.

d. there should only be one laptop manufacturer, making laptops at the lowest marginal cost.

you want to earn a decent salary at a potential job. you know that there is room for negotiation, so you ask for a slightly higher hourly rate than you think the employer will accept. if the employer ends up giving you an hourly rate close to your initial asking rate, he or she has likely been influenced by the a) monty hall problem. b) anchoring effect. c) framing effect. d) availability heuristic

Answers

If the employer ends up paying you an hourly rate that is near to your initial asking rate, he or she has most likely been swayed by the anchoring effect. Thus, option (B) is correct.

What is employer?

Employer refers to the person who is the head of his subordinates. He is the team leader who directs his employees towards the achievement of the goals. In simple words, he is the boss of the employees.

Anchoring bias or anchoring effects occurs when people make decisions based on prior information or the first knowledge they discover.

Therefore, it can be concluded that If the employer pays you an hourly rate that is close to your initial asking rate, he or she has most certainly been convinced by the anchoring effect. Hence, option (B) is correct.

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Some large publishers have stopped publishing children’s books because they are expensive to produce and distribute. This is an example of an offensive strategy. True or false?.

Answers

Answer:

False

Explanation:

it cost roughly around 5k to produce 100k+ books and they make roughly 65k

there is a technological improvement in the production of good x. as a result, the curve for good x will shift resulting in a(n) in the equilibrium price of x and a(n) in the equilibrium quantity of x.

Answers

There would a shift to the right of the supply curve. The equilibrium price would decrease and the equilibrium quantity would increase.

What is the impact of technological improvement?

Technological improvement in the production process means that there is an advancement or update in the technologies that are used in the production process. For example, progress from storing information in files to storing information in the cloud is an example of technological improvement.

A  technological improvement in the production of  a good would make it easier to produce a good. Thus, the supply curve would move forward.

Equilibrium quantity would increase. Due to the increase in quantity supplied, price has to decline in order to induce consumers to buy more of the product.  Equilibrium price would decrease.

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if an aspen ski lodge doubles its room rates, what is likely to happen to the demand for lift tickets sold by the lodge?

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If an aspen ski lodge doubles its room rates, Demand for lift tickets, a complement good, will fall is likely to happen to the demand for lift tickets sold by the lodge.

What is Aspen?

Locals in Colorado claim that if you visit Aspen in the winter, you'll probably decide to stay for the summer in the Colorado mountains. This little mountain town is well-known for the four Aspen ski resorts that surround it (Aspen Mountain, Aspen Highlands, Snowmass, and Buttermilk), and after the snow melts and the vegetation returns, there will be even more adventure to be had. Without the oppressive humidity of the south or the east coast, the warm, sunny days and cold, refreshing evenings in the Roaring Fork Valley offer the ideal summertime circumstances for repeatedly exploring every square inch of this renowned town. Aspen, Colorado is tucked away high in the Rocky Mountains at 8,000 feet, thus snow is present there for almost half the year. And not just any snow; the kind of powdery, fine snow that falls in Aspen is ideal for skiing. Although the Aspen ski season can change from year to year, you can typically bet on it lasting from November through mid-April, and perhaps even into May.

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In health insurance, what is the amount of money that must be paid by the patient each year before the insurance agency begins to make payments?.

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In health insurance the amount of money that must be paid by the patient each year before the insurance agency begins to make payments is a deductible

The amount you pay before your insurance plan begins to pay for covered health care services.

Following your deductible, you usually only have to pay a copayment or coinsurance for covered services. The remainder is covered by your insurance company.

Many plans cover certain services, such as checkups or disease management programs, even if you haven't met your deductible. Examine the specifics of your plan.

Even before you reach your deductible, all Marketplace health plans cover the entire cost of certain preventive services.

Certain services, such as prescription drugs, may have separate deductibles in some plans.

Family plans frequently include both a personal deductible that applies to each individual and a family deductible that applies to every family members.

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Manuel, an it manager, has been studying the actions that his workers perform in an attempt to improve their productivity. Manuel is utilizing.

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Manuel, an it manager, has been studying the actions that his workers perform in an attempt to improve their productivity Mateo is utilizing. In economics, productivity quantifies output per unit of input, such as labor, capital, or any other resource. For the economy, it is frequently computed as a ratio of GDP to hours worked.

workers productivity can be broken down further by industry to study trends in labor growth, salary levels, and technology advancement. Productivity increase is directly related to corporate earnings and shareholder returns. Productivity is a measure of the efficiency of a company's production process at the corporate level.

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sandy and her improvement team test the new pain control idea in the cardiac unit over the course of six weeks. the results continue to show improvement. what phase will the project enter next?

Answers

The project will enter Implementation phase

What does implementation mean?

A plan, a method, or any other concept, idea, model, specification, standard, or policy for doing anything is executed or put into practice through implementation. Implementation is therefore the action that must come after any initial thought for something to truly occur.

The steps used to get a product up and running after a consumer purchases it are included in the definition of implementation in the context of information technology (IT). Among these procedures are the following:

evaluating requirements,

installing,

configuring,

customizing,

testing,

operating system integrations

delivery of user training and

change

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most executives believe that they and their firms behave in an ethical manner and that it is in their best interests to do so. how can a firm’s ethical conduct increase its long-term profitability?

Answers

Most executives believe that they and their firms behave in an ethical manner and that it is in their best interests to do so. a firm's ethical conduct can increase its long-term profitability as Ethical corporate behavior reduces unnecessary legal expenses and the need to pay fines. Option A

This is further explained below.

What is co-operate ethics?

Generally, Demonstrate care for treating others fairly and equally, communicate a desire to assist others, strive toward the resolution of problems and the identification of solutions from which all parties may benefit, and follow the line of command when resolving conflicts.

In conclusion, The vast majority of CEOs are under the impression that acting ethically, both personally and on behalf of their companies, is both in their control and in their best interests.

Ethical corporate behavior may prevent needless legal fees and the need to pay penalties, which can lead to an improvement in a company's long-term profitability.

Ethical business conduct can also help a company avoid reputational damage.

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complete question

Most executives believe that they and their firms behave in an ethical manner and that it is in their best interests to do so. How can a firm's ethical conduct increase its long-term profitability?

a. Ethical corporate behavior reduces unnecessary legal

expenses and the need to pay fines.

b. Ethical corporate behavior is always more costly, because it

from accessibility improvement to land development: a comparative study on the impacts of madrid-seville high-speed rail.

Answers

The five cities connected by the Madrid-Seville High-Speed Rail (HSR)—Madrid, Ciudad Real, Puertollano, Cordoba, and Seville.

Madrid–Seville high-speed rail line.
The 472 kilometres (293 miles) long Madrid-Seville high-speed line, also known as NAFA or Nuevo Acceso Ferroviario a Andaluca, is a Spanish railway line used for high-speed travel between Madrid and Seville. Since April 21, 1992, the first high-speed rail link in Spain has been operational, reaching speeds of up to 300 km/h (186 mph). Over half less time was required to go between the two end points.

The high-speed rail line from Madrid to Malaga departs at Cordoba. Only the Alvia service is extended from Seville to Cádiz.

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When amazon says, "we want to be earth’s most customer-centric company," it is stating its code of ethics. True or false?.

Answers

The statement is false, when the Amazon says that ""we want to be earth’s most customer-centric company". the subsequent statement isn't stating code of ethics.

A code of ethics sets out an organization's ethical guidelines and best practices to follow for honesty, integrity, and professionalism. For members of a corporation, violating the code of ethics may result in sanctions including termination. In some industries, including banking and finance, specific laws govern business conduct. In others, a code of ethics is also voluntarily adopted. The main forms of codes of ethics include a compliance-based code of ethics, a value-based code of ethics, and a code of ethics among professionals. A focus on global climate change has become an integral a part of companies' codes of ethics, detailing their commitment to sustainability. Therefore the subsequent statement is false.

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one method for organizing economic activity, i.e. deciding what is produced and how it is produced is the method used in the army. a central authority issues commands that are obeyed by people. these commands tell people what to produce, how much to produce, and who will produce what. an alternatve method of organizing economic activity is to rely on a free market. i.e. allowing people to engage in voluntary exchange where people are left alone to buy or sell only if they percieve it is in their self interest to do so and to let the market set the price of goods and services. there is no central authority telling people what to do and people are left alone to order their lives as they see fit. according to milton friedman:

Answers

Based on the ways of organizing economic activity, Milton Friedman believed that C. Generally speaking, economies that rely on voluntary exchange have produced more prosperity and freedom for its citizens than central controlled economies.

What did Milton Friedman say?

Milton Friedman was of the opinion that evidence showed that on average, economies like the Free Market Model, where there is voluntary exchange of goods and services, have seen higher levels of prosperity.

This is as opposed to Command economies where the economy is centrally controlled. These economies do not have voluntary exchange and instead works by orders being given by the government.

Options for this question include:

A. History has shown us that centrally controlled command economies promote prosperity and freedom.B. The Soviet Union is and example of a centrally controlled command economy that produced prosperity and freedom for its citizens.C. Generally speaking, economies that rely on voluntary exchange have produced more prosperity and freedomg for its citizens than central controlled economies.D. A neccesary condition for a system of voluntary exchange to be used to organize an economy is that prices be allowed to fluctuate according to supply and demand, i.e. no central authority interferes in people buying and selling in the market.

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beau buys a skateboard with a price tag of 85.5. the tax rate is 8%. how much does he pay, including tax

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beau pays $92.64 as tax for the skateboard, including the amount of tax.

What is the tax rate?

The proportion that a person or business is charged is known as a tax rate. It can differ on the commodity that is being purchased. It is often applied when a person is purchasing something or on his or her income.

The price of the skateboard = is $85.5

The rate of tax = 8%

The amount of tax = 85.5 x 8% = 6.84

The price including the tax = 85.5 + 6.84

Therefore the price paid will be $92.64

Beau has to pay a sum total of $92.64 to purchase the skateboard as the final price.

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what is a sure way to boost sales? question 8 options: advertise. offer a 100% guarantee. run contests. give away products.

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Answer: The correct answer is “Offer a 100% guarantee.”

Explanation: Mark as brainliest:)

part of every sales presentation should include disclosure of any treatments and information regarding

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part of Every sales presentation should provide information on care and disclosure of any therapies.

presentation for sales

A sales presentation, also known as a sales pitch, is a line of argument used in selling approach that aims to persuade someone or something. It uses a prepared sales presentation strategy of a good or service to start and finish a sale.

A sales pitch is generally intended to be either a descriptive elaboration of a product or service that an audience has already demonstrated interest in, or a presentation of that same product or service to an audience that is unaware of it. Salespeople develop and deliver a sales pitch, which can be formal or casual and can be given in a variety of ways.

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how long does it typically take for a magazine article about your business to appear, after the story is submitted?

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After your story is submitted, it usually takes about 6 months for your business to be published in a magazine article.

Magazine articles and popular articles are articles that are often written by staff writers and journalists, regardless of their expertise. Popular Articles: Usually short. Use images to grow your readership. I often advertise.

The basic format for citing journal articles is similar to that of journals. Required information includes author name, article title, journal name, publication date, and page number. Some periodicals may contain volume numbers.

The structure of a newspaper, magazine articles, or website article usually consists of three parts: Medium – Makes clear and interesting points about the topic. end - the last paragraph summarizing the point.

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in 2022, jack, age 12, has interest income of $8,580 on funds he inherited from his aunt and no earned income. he has no investment expenses. christian and danielle (his parents) have taxable income of $82,250 and file a joint return. assume that no parental election is made.

Answers

From the information provided, Jack's net unearned income is $ $6,380 See the explanation below.

What is the calculation justifying the above?

Interest Income Earned = 8,580

Less; Standard Deduction  = 1,100

Gross unearned Income = 7,480

Less: Statutory Deduction = 1,100

Net Unearned Income = $6,380

What is unearned Income?

This is defined as all cash inflow that fall under the following category:

taxable interestordinary dividends, and capital gain payouts.Unemployment paymentstaxable social security benefitspensionsannuitiesdebt cancellation, and distributions of unearned income from a trust are all included.

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Full Question:

In 2022, jack, age 12, has interest income of $8,580 on funds he inherited from his aunt and no earned income. he has no investment expenses. Christian and Danielle (his parents) have taxable income of $82,250 and file a joint return. assume that no parental election is made

Please answer:

Jack's net unearned income is $________

what type of resource (capital, natural, or human) would you need if you want to a. buy a new electric generator b. cut down a tree c. pay for an army d. build a dam

Answers

The type of resource (capital, natural, or human) an individual needs if you want to-

a. buy a new electric generator-Capital

b. cut down a tree -Human

c. pay for an army -Capital

d. build a dam- Human

What is human resource?

A human resource is considered a crucial resource in an organization and comprises skills and abilities and their management involves managing the manpower in any organization.

The capital resource is referred to as a resource from which funds will be raised or the resources which show the flow of funds for the organization along with machinery and raw materials.

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As you grow older, which of these might make you change your personal finance decisions more?
A. your family priorities
b. your education
c. your social lifestyle
d.your entertainment
im thinking A or B

Answers

Indeed, it is A and B cause u also need your family priorities and also need a great education for your finance decision .

Your family priorities and your education an greatly affect your decisions about money as you get older. Option A and B

Factors that affect decision making

As you get older, what's important to you may shift when it comes to your family. For instance, beginning a family, having kids, or helping elderly parents can bring about new money duties. These changes may mean you need to change how you spend, save, and invest your money to match what your family wants and needs.

Furthering your education or working towards higher degrees can greatly impact the choices you make about your money. Education can be expensive because you need to pay for things like school fees, books, and living costs. Making choices about student loans, scholarships, or where to get money for school can have an impact on your money situation. It's important to plan carefully for this.

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What are the primary reasons people choose to invest and trade stocks?

(Select all that apply.)


to earn a dividend to earn a dividend , ,

to earn capital gains to earn capital gains , ,

to earn predictable quarterly interest to earn predictable quarterly interest , ,

to earn money that is liquid

Answers

Answer:

to earn a dividend

to earn capital gains

Explanation:

Stocks represent ownership in a corporation. Shareholders are entitled to share in the profits of the business. The portion of profits that shareholders get for contributing capital is the dividend.

Investing in stocks makes one a shareholder and gives them the right to dividends. Investors always select the stocks of companies likely to declare high dividends. Dividends is an important reason why investors opt for shares or stocks.

Stocks of corporations that are performing well financially are likely to increase in price. Investors buy stocks when prices are low and selling them when prices appreciate. That way, they can profit through capital gain.

Dividends and capital gains are the rewards that investors gain from stocks. Interest is earned on deposits and loans.

when supplies are purchased on credit it means that: (check all that apply.) multiple select question. the business will pay for the supplies at a later time. the business will be paying for the supplies right away. the accounts payable account will be increased. a liability has been incurred.

Answers

The purchase of suppliers by a business on credit means that:

the business will pay for the supplies at a later time. the accounts payable account will be increased. a liability has been incurred.

What happens when supplies are on credit?

When a company buys supplies on credit then it means that they are yet to pay for these supplies and will pay for them at a later date.

This means that the company has incurred liabilities because they owe for the supplies. The result of this would be an increase in the liability account of  accounts payable.

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Waller Comp, purchased equipment for S24,000. The company is constdenne whether to determine annual depreciation using the straight-lane method or the declitung-balance method at 150 percent of the straight-1,1e tate. Waller expects to use the equipment for 10 years. At the end of which it will have an estimated salvage valueef 54.000. Prepare a comparison of these IWO alternatives for the fast two yews Waller will oun the equipment

Answers

Answer:

Waller Company

Comparison of Straight-line Depreciation and Declining Balance Methods

                                 Straight-line method          Declining balance method

Cost of equipment          $24,000                              $24,000

1st year depreciation exp.    1,860                                   2,760

Net book value                   22,140                                 21,240

2nd year depreciation exp.  1,860                                   2,371.50

Ner book value                  20,280                                18,868.50

Explanation:

a) Data and Calculations:

Cost of purchased equipment = $24,000

Duration of useful life = 10 years

Estimated salvage value = $5,400

Depreciable amount under the straight-line method = $18,600

Depreciation expense per year under the straight-line method = $1,860 ($18,600/10)

Under the declining balance method:

The depreciation rate = 10% * 150% = 15% per year

Depreciation expense for the first two years:

Year 1, 15% of $18,600 = $2,760

Year 2, 15% of ($18,600 - 2,760) = $2,371.50

which are the two additional coverages provided under the businessowners policy special form which are not provided under the standard form?

Answers

The two additional coverages offered by the businessowners policy special form—water damage and collapse—are not offered by the regular form.

Business Owner's Policy (BOP) Insurance: What Is It?

A Business Owner's Policy (BOP) is a type of business insurance that includes property and liability coverage. BOP insurance assists in protecting your company from claims brought forth by things like fire, theft, or other covered events.

The company owners policy premium is paid in what way?

The premium for your business owner's insurance can normally be paid in monthly or yearly installments. Although choosing a lower monthly payment may be alluring, think about paying the full cost. Since many insurers give discounts for yearly rates, businesses may typically save money this way.

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the secret of a successful team is not to assemble the largest team possible, but rather to assemble a team that can

Answers

Additionally, teams require the ideal task and process design, the proper mix and quantity of members, and rules that discourage negative conduct and foster positive dynamics.

J. Richard Hackman, a pioneer in the field of organizational behavior who started researching teams in the 1970s, identified the fundamentals of effective teamwork. After more than 40 years of study, he made a ground-breaking discovery: team members' personalities, attitudes, and behavioral styles don't really matter when it comes to teamwork. Instead, specific "enabling conditions" are what teams require to succeed. For teams to succeed, having a clear direction, a solid structure, and a supportive environment are still essential.

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Matilda just started her first job. She has some difficulty saving money, but she knows she must do it. Which of the following is the best option to start saving for retirement now? She can choose a low-interest account. She can contribute to her employer's matching benefit. She can enroll in a 529 plan. She can sign up for a pre-paid plan.

Answers

start saving $100 out of every single check you earn

mary is a marketing manager for a nationwide vegan restaurant chain. she wants to reach potential customers across two media channels focusing on specific audience behaviors

Answers

The two media channels focusing on specific audience behaviors are Video and Display.

What are customers?

A customer is refer to an individual who purchases goods and services from a retailer or wholesaler. The customer may or may not be the consumer as the consumer is the one who utilized the final product.

When reaching potential customers to come to a vegan restaurant chain the marketing manager should utilize the display and video which helps her to showcase the food varieties, hygiene as well as services they offered.

In this case, email and radio is not better option as places like restaurants and clothing store promote more with visual advertisement.

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Mary is a marketing manager for a nationwide vegan restaurant chain. She wants to reach potential customers across two media channels focusing on specific audience behaviors. Which two channels could she choose to reach her desired objective? (Choose two.)

E-mail

Radio

Search

Video

Display

do any of yall like Pokémon

Answers

Answer:

yes

Explanation:

Answer:

Yes

Explanation:

I DO I FINISHED INDIGO LEAGUE AND NOW IM ON SUN MOON

An example of a poor study environment is a place with

Answers

Answer:

A place with a lot of noise, poorly lit, and distractions

Answer:

D

Explanation:

on december 1, jasmin ernst organized ernst consulting. on december 3, the owner contributed $83,110 in assets to launch the business. on december 31, the company’s records show the following items and amounts.

Answers

The following is a presentation of how the stockholder equity was prepared:

Equity statement of stockholders

Capital, December 1, J. Ernst $ 0

Addition: Owner investment of $83,100

Added: $2,960 in net income

Less: Owner withdrawals ($1,120)

Capital, J.Ernst, December 31 $84,940

Note for work:

Following is a presentation of the income statement's creation:

Revenue Statement

earning from consulting $12,940

Less:

Cost of living: $2,640

Cost of salaries is $5,920.

Cost of calling: $800

Charges not listed $620

Total outlays came to $9,980.

$2,960 in profit

Consequently, we can say that

$84,940 is the stockholder equity's final amount.

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If the police want to enter a home to find evidence, what must they request?
A. An affidavit of probable cause
O B. A search warrant
O
C. A witness' testimony
о D. A motion for arraignment
SUBM

Answers

Answer:

B. A search warrant

Explanation:

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