Brenda, the sales manager of a firm, wants to generate a particular report containing sales analyses of the second and third quarter of the year. She should use a ________ to retrieve the information that she wants from the database. Group of answer choices

Answers

Answer 1

Answer: query

Explanation:

Since Brenda wants to generate a particular report containing sales analyses of the second and third quarter of the year, then she should use a query to get the information.

The query refers to a request that can be used to get data or information from the database table. The data gotten can be in form of graphs, pictorials or complex results, such as trend analyses etc


Related Questions

What are some tasks commonly performed in Regulation jobs? Check all that apply.

Answers

Answer:

C,E,F.   C-Gary attends a state fair to sell his handmade clothing in a booth. E-Yolanda uses a computer tablet to draw an illustration for a textbook. F-Shirley has a meeting with a customer to discuss a wedding she will be photographing.

Explanation:

I just took the instruction

Answer:

The correct answer is A D E F

Explanation:

Good luck, I did the instruction!


Johnson Cleaning Service has the following account balances on December 31, 20X1.

Cash
Equipment
Accounts payable
Elicia Johnson, Capital
$ 76,000
184,000
96,800
163,200


Answers

Based on the type of accounts they are, the proper classification will be:

Cash - Debit balance.Equipment - Debit balance. Accounts payable - Credit balance. Capital - Credit balance.

Classifying the balances

The question asks that the above balances are put on the appropriate side of a T Account.

The proper way to do this will be:

Dr.     Account Title         Amount             Account title          Amount   Cr.

        Cash                       $76,000            Accounts payable  $96,800

        Equipment             $184,000           Elica Capital           $163,200

In conclusion, assets go to the left side and capital and liabilities to the right.

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Accounts classification: Cash - Debit balance, Equipment - Debit balance, accounts payable - Credit balance, Capital - Credit balance.

T-account is a visual representation of an account used in bookkeeping. The T-account gets its name from its resemblance to the letter "T."

A T-account consists of two sides: the left side is called the debit side (or "dr" for "debit"), and the right side is called the credit side (or "cr" for "credit").

The proper T- account of the Johnson Cleaning Service, will be:

Dr.     Account Title       Amount          Account title          Amount   Cr.

       Cash                       $76,000           Accounts payable  $96,800

       Equipment             $184,000          Elica Capital           $163,200

     Total Credits           $260,000         Total debits            $260,000  

Thus, this is the proper way of showing a T- account.

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Johnson Cleaning Service has the following account balances on December 31, 20X1.

Cash $ 76,000

Equipment 184,000

Accounts payable 96,800

Elicia Johnson, Capital 163,200

Enter the above balances on the proper side of the T-account.

) Jack asked Jill to marry​ him, and she has accepted under one​ condition: Jack must buy her a new ​$ ​Rolls-Royce Phantom. Jack currently has ​$ that he may invest. He has found a mutual fund with an expected annual return of ​% in which he will place the money. How long will it take Jack to win​ Jill's hand in​ marriage? Ignore taxes.

Answers

Answer: 47.8 years

Explanation:

Jack is trying to make up to $330,000 from $50,680 at a rate of 4% in the future so the relevant formula is a future value formula.

330,000 = 50,680 * ( 1 + 4%) ^ number of years

1.04 ^ number of years = 330,000 / 50,680

1.04 ^ N = 6.5114

Use the Natural logarithm, In, to solve for N  

N * In (1.04) = In (6.5114)

N * 0.0392 = 1.87356  

N = 1.87356/ 0.0392  

= 47.8 years

Today is also the day on which your manager’s boss is collecting information about your manager’s leadership style so that they can give him a 360-degree appraisal. They assure you that your comments about your manager will remain confidential, but the nature of your thoughts is such that he probably would guess you are the person who made those comments. Specifically, you think that your manager takes offense easily, has a bad temper, and could be more effective in time management. Would you share your thoughts with your manager’s manager?

Answers

The decision to share feedback about a manager should be based on a careful evaluation of the potential impact and one's own personal values and goals.

Sharing negative feedback about a manager can be a delicate situation, especially when it may affect the manager's performance review and future career opportunities. Before deciding whether to share the thoughts with the manager's manager, it is important to consider the potential consequences and benefits of doing so.

If the feedback is constructive and could help the manager improve their leadership skills, it may be worth sharing with the manager's manager in a tactful and respectful manner. However, if the feedback is solely based on personal opinions and could harm the manager's reputation or career prospects, it may be best to keep those thoughts to oneself.

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Garcia Company has 10,500 units of its product that were produced last year at a total cost of $157,500. The units were damaged in a rainstorm because the warehouse where they were stored developed a leak in the roof. Garcia can sell the units as is for $2 each or it can repair the units at a total cost of $18,500 and then sell them for $6 each. Calculate the incremental net income if the units are repaired

Answers

157,500-10,500x6 calculate that up

wHAT are 2 reports that can be filtered by customer type

Answers

Answer:

Sales Report / Customer Satisfaction Survey

Explanation:

Two reports that can be filtered by customer type are:

Sales Report by Customer Type: This report provides an overview of sales data categorized by different customer types. By applying a filter based on customer type, such as retail customers, wholesale customers, or corporate clients, the report can generate specific insights into sales performance for each customer segment.

Customer Satisfaction Survey Report by Customer Type: This report compiles feedback from customer satisfaction surveys and analyzes the responses based on customer types. By filtering the report by customer type, businesses can identify variations in satisfaction levels among different customer segments. This information can help tailor customer service strategies and address specific needs and preferences of each customer type effectively.

what type of securities does the fed control

Answers

The Fed's assets include Treasuries and mortgage-backed securities purchased under large scale asset purchase programs (LSAPs). Fed liabilities include U.S. currency in circulation and the reserves deposited by commercial banks.

On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*​

Answers

Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.

To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:

1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.

2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.

3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.

4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.

5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.

6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.

7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.

By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.

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Henrich is a single taxpayer. In 2021, his taxable income is $455,000. What is his income tax and net investment income tax liability in each of the following alternative scenarios? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference. (Do not round intermediate calculations. Leave no answer blank. Enter zero if applicable. Round your final answers to 2 decimal places.)
a. All of his income is salary from his employer.
Income tax _______
Net investment income tax ______
Total tax liability __________

b. His $455,000 of taxable income includes $2,000 of long-term capital gain that is taxed at preferential rates.
Income tax _______
Net investment income tax ______
Total tax liability __________

c. His $455,000 of taxable income includes $49,000 of long-term capital gain that is taxed at preferential rates.
Income tax _______
Net investment income tax ______
Total tax liability __________

d. Henrich has $197,500 of taxable income, which includes $51,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $210,000.
Income tax _______
Net investment income tax ______
Total tax liability __________

Answers

a. Henrich, a single taxpayer with a taxable income of $455,000 in 2021, all of his income is the salary from his employer.

Income tax $133,794.25

Net investment income tax $0

Total tax liability $133,794.25

b. His $455,000 of taxable income includes $2,000 of long-term capital gain that is taxed at preferential rates.

Income tax $133,094.25

Net investment income tax $0

Total tax liability $133,094.25

c. His $455,000 of taxable income includes $49,000 of long-term capital gain that is taxed at preferential rates.

Income tax $116,644.25

Net investment income tax $1,290

Total tax liability $117,934.25

d. Henrich has $197,500 of taxable income, which includes $51,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $210,000.

Income tax $29,181

Net investment income tax $1,590

Total tax liability $30,771

Data and Calculations:

a) Taxable income = $455,000

Taxable Income  Income tax

For $209,425 = $47,843

For $245,575 = $85,951.25 ($455,000 - $209,425 x 35%)

Total income tax = $133,794.25

b) Taxable income = $455,000

Less Dividend income = $2,000

Net = $453,000

Taxable Income  Income tax

For $209,425 = $47,843

For $243,575 = $85,251.25 ($453,000 - $209,425 x 35%)

Total income tax = $133,094.25

c) Taxable income = $455,000

Taxable Income  Income tax

For $209,425 = $47,843

For $196,575 = $68,801.25 ($406,000 - $209,425 x 35%)

Total income tax = $116,644.25

Investment Tax:

0% Up to $40,400

15% x $8,600 = $1,290

Total tax liability = $117,934.25

d) Taxable income = $197,500

Taxable Income  Income tax

For $86,375 = $14,751

For $60,125 = $14,430 ($146,500 - $86,375 x 24%)

Total income tax = $29,181

$197,500 of taxable income, which includes $51,000

Investment Tax:

0% Up to $40,400

15% x $10,600 = $1,590

Tax Rates:

$47,843 plus 35% of the amount over $209,425

$14,751 plus 24% of the amount over $86,375

Investment Tax Rates:

0% Up to $40,400

15% from $40,401 to $445,850

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The North Division of XYZ Corporation had average operating assets of $1,110,000 and net operating income of $295,200 in January. The company uses residual income to evaluate the performance of its divisions, with a minimum required rate of return of 20%.
Required:
What was the North Division's residual income in January?

Answers

Answer:

$73,200

Explanation:

From the above details, we know that;

Residual income =

[Net operating income - (Average operating assets × minimum rate of return)]

= [$295,200 - ($1,110,000 × 20%)]

= [$295,200 - $222,000]

= $73,200

Therefore, the North division's residual income in January is $73,200

In universal banking model, banks: Select one: a. Have growth of loans portfolio as their main strategy b. Focus on maximizing their net interest margins c. Offer wide range of financial services to their clients d. All choices are correct e. None of the choices is correct

Answers

Answer
B
Explanation

______________ is the amount an employee earns before payroll withholding is performed.
A.
Net pay
B.
Gross pay
C.
Taxable interest
D.
An estate


Please select the best answer from the choices provided

A
B
C
D

Answers

B. Gross Pay

Explanation: For households and individuals, gross income is the sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings, before any deductions or taxes. It is opposed to net income, defined as the gross income min

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 25,000 Variable expenses 17,500 Contribution margin 7,500 Fixed expenses 4,200 Net operating income $ 3,300 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,150, and unit sales increase by 130 units, what would be the net operating income

Answers

Answer:

See

Explanation:

Selling price = $25,000/1,000 = $25

Variable cost = $17,500/1,000 = $17.5

1,001 units

Contribution margin income statement

Sales ($25,000 + $25)

$25,025

Less variable expenses

The cash account for Coastal Bike Co. at October 1, 20Y9, indicated a balance of $36,016. During October, the total cash deposited was $138,030, and checks written totaled $138,571. The bank statement indicated a balance of $43,940 on October 31, 20Y9. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items: A. Checks outstanding totaled $6,281. B. A deposit of $1,796 representing receipts of October 31, had been made too late to appear on the bank statement. C. The bank had collected for Coastal Bike Co. $5,670 on a note left for collection. The face of the note was $5,400. D. A check for $570 returned with the statement had been incorrectly charged by the bank as $750. E. A check for $210 returned with the statement had been recorded by Coastal Bike Co. as $120. The check was for the payment of an obligation to Rack Pro Co. on account. F. Bank service charges for October amounted to $26. G. A check for $1,394 from Bay View Condos was returned by the bank due to insufficient funds.

Answers

Answer:

Explanation:

This is an incomplete question and the missing part is as listed.

A) Prepare a bank reconciliation as at October 31, 20Y9

B)Jornalize the necessary entry

C)If a balanced sheet was prepared for Coastal Bike Co., what amount should be reported as cash?

Solution

Opening cash balance -  36,016

Cash deposited -             138,030

Check written -                (138,571)

                                         35,475

Bank reconciliation for Coastal bike as at October 31 20Y9

Cash balance according to Bank statement  -                43,940

Unrecorded deposit               1796

Bank error (750-570)               180

Outstanding checks               6281

Total adjustment                                                                   4,305

Adjusted balance                                                                 39,635

Cash balance after considering the month,s transaction   35,475

Note collected by bank                    5670

Bank charges                                       26

Returned checks                               1,394

Error in recording check(210-120)       90

Total adjustment                                                                      4160

Adjusted balance                                                                    39,635

B

Entries that increase cash

Description                               Debit                    Credit

Cash                                          5670

Note receivable                                                     5400

Interest Income                                                        270

Accounts payable (Rack pro)      90

Accounts receivable (Bay view) 1394

Bank charges                                26

Cash                                                                         1510

c

Amount to be recorded as cash in balanced sheet

Opening cash balance -  36,016

Cash deposited -             138,030

Check written -                (138,571)

                                         35,475

What is an added value???

Answers

Explanation:

The difference between the price of the finished product/service and the cost of the input involved in making it is known as an added value

The difference between the price of the finished product/service and the cost of the input involved in making it is known as an added value

A large cable company is the only provider of cable TV and Internet for a small community. As a result, consumers in the community who want either of these services must purchase from this company.

In which of the following economic markets is the cable company operating?

Answers

Due to the fact that the firm is the only one that is operating in the community, the economic markets operated here is monopolistic.

What is a monopolistic market?

This is a type of market that has only one company that is in charge of offering products or services to the public.

The market here is a cable tv and internet company that provides services to the community.

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Which nims is management characteristic
Follows established processes for gathering, analyzing, assessing, sharing, and managing data?

Answers

Answer: Information and Intelligence Management

Explanation:

A demand curve shows the
prices.
O output
O quantity
Oscarcity
O quality
_____ of a product that will be demanded at different

Answers

A demand curve shows the prices and quantity of a product that will be demanded at different time. The correct answer is Quantity.

A demand curve displays the quantity of goods that people will purchase at a given price. It is the backbone of demand theory. A demand curve displays the relationships between the price of a good and the quantity that customers will purchase. The law of demand says that as the price of a good rises, the quantity demanded falls. A graph of the demand curve shows the relationship between the price of a product and the amount of the product that people are willing to purchase at that price. An upward-sloping demand curve indicates that as the price of a good increases, the quantity demanded will also rise. Conversely, a downward-sloping demand curve indicates that as the price of a good decreases, the quantity demanded will also drop. These concepts are critical for determining consumer behavior, which is a key factor in determining market prices and the volume of products and services produced.Therefore, the correct answer is Quantity.

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Please help me in this assignment. Assume a project, other than your assignment, such as real estate, infrastructure development, industrial, or software development etc. and discuss that how guiding principle of PMI Standards for project risk management life cycle shall be undertaken at the organizational level of that particularly identified project (what the organization needs to do).

Answers

Answer:

DOES THIS HELP

Explanation  

Many different professions contribute to the theory and practice of project management. Engineers and architects have been managing major projects since pre-history. Since approximately the 1960s, there have been efforts to professionalize the practice of project management as a specialization of its own. There are many active debates around this: Should project management be a profession in the same way as engineering, accounting, and medicine? These have professional associations that certify who is legally allowed to use the job title, and who can legally practice the profession. They also provide a level of assurance of quality and discipline members who behave inappropriately.

True or False: Restaurants rarely adjust the amount they purchase of items

Answers

Answer:

false

Explanation:

because in a restaurant you suppose to have a monthly plan

Answer:

B .. false

Explanation:

 True or False: Restaurants rarely adjust the amount they purchase of items

A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $379,650 and is expected to generate cash inflows of $150,000 each year for three years. The approximate internal rate of return on this project is

Answers

Answer:

9%

Explanation:

- $379,650 CF 0

$150,000 CF 1

$150,000 CF 1

$150,000 CF 1

The approximate internal rate of return on this project is 9%

When did kylie jenner was born

Answers

In a castle !!!!!!!!!!!!

Answer:Kylie Jenner was born in August’s 10th 1997 making her 23 years old

Guji company had the following amounts of assets and liabilities at the beginning and end of last year:
Assets Liabilities
Beginning of the year………………Br.75,000 Br. 30,000
End of the year….……………………120,000 46,000
Determine the net income or net loss of Guji for the year under each of the following unrelated assumptions:
Owner made no additional investment and withdrew no amount during the year
Owner made no additional investment but withdrew Br.17,500 to pay for her personal expenses
Owner withdrew no amount during the year but made additional investment of Br. 32,500 cash.
Owner withdrew Br.17,500 and invested Br.25,000 cash during the year.​

Answers

$32300 is the net income of Guji for the year under each of the following unrelated assumptions.

Explanation:

Total assets=Total liabilities +Total equity

Beginning equity=(231,000-96500)=$134500

Ending equity=(262,000-78400)=$183600

Ending equity=Beginning equity+Issue of common stock+Net income-Dividends

183600=134500+23500+Net income-6700

Net income=(183600+6700-134500-23500)

=$32300.

Thus, $32300 is the net income.

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Note: Write your response with a complete sentence (to get the full marks) in the space provided; no attachments or email will be considered for marking.

Consider an economy that produces only food and clothing. Its production possibilities boundary is shown below.

What do we know about the use of resources when the economy is at point a and e. Please provide the reasoning for your answer. (1 point)
Which of points b, c, and e is efficient? Please provide the justification for your answer. (1 point)
If the economy is at point e, what is the opportunity cost of producing one more tonne of clothing? Please provide the reasoning for your answer (1 point)
What is the opportunity cost of moving from point a to point c? Please provide the reasoning behind your answer (1 point)
What do we know about the use of resources at point d? How would it be possible for the economy to produce at point d? (1 point)

Answers

Point A represents inefficient use of resources and Point E represents efficienct use of resources. Any point lying on the PPF curve is an efficient use of resources and and any point lying inside the PPF such as Poni A is underutilization


What happens when the price of a good increases

Answers

Answer:

the value of good increases (goes up)

Refer to Table 28-2. The labor-force participation rate of Aridia in 2012 was
O a. 88.9%.
O b. 53.3%
O c. 50%.
O d. 56.25%.

Refer to Table 28-2. The labor-force participation rate of Aridia in 2012 wasO a. 88.9%.O b. 53.3%O c.

Answers

Answer: 56.25%

Explanation:

The labor force participation rate refers to the active workforce of a country. The following information can be derived from the question:

Adult population = 3200

Number of employed = 1600

Number of unemployed = 200

The labor-force participation rate of Aridia in 2012 will be:

= {(Number of employed + Number of unemployed) / Adult population} × 100

= (1600 + 200) / 3200 × 100

= 1800/3200 × 100

= 0.5625 × 100

= 56.25%

q Conflict Consequences 2 Difference between critical and Creative thinking. 3. Positive Use & Teisure time 41m Portance & Self Identity Svalues associated with creative Thinking​

Answers

Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.

Difference between critical and creative thinking:

Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.

On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.

Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.

While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.

Positive use of leisure time:

Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:

Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.

Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.

Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.

Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.

Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.

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The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.

Answers

The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.

1. The US Senate passed the 2022 Defense Authorization Act.

2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.

3. The total amount allocated for the Defense Authorization Act is $768 billion.

4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.

5. The Act represents a 5% increase in the US defense budget when compared to the previous year.

6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.

7. The Act was passed overwhelmingly, indicating strong support from the Senate.

8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.

9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.

10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.

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Why is independent action of buyers and sellers important to achieving perfect competition?

Answers

Answer:

Explanation:

Independent action of buyers and sellers is important to achieving perfect competition because it allows for the forces of supply and demand to operate freely in the market. In a perfectly competitive market, there are many buyers and sellers, each acting independently and without any significant market power. This means that no individual buyer or seller can influence the price of the product or service they are buying or selling.

When buyers and sellers act independently, they are responding to market signals and making decisions based on their own self-interest. Buyers are looking for the best quality product or service at the lowest possible price, while sellers are looking to maximize their profits by offering their product or service at the highest possible price that the market will bear.

If buyers or sellers were not able to act independently, there would be distortions in the market, such as monopolies, oligopolies, or price-fixing agreements. In these cases, individual buyers and sellers would not be responding to market signals, and the forces of supply and demand would not be able to operate freely. This would lead to a less efficient market and could result in higher prices for consumers and lower profits for businesses.

Therefore, the ability of buyers and sellers to act independently is a crucial element of a perfectly competitive market. It ensures that the market is efficient, and that prices are determined by supply and demand rather than by the actions of individual buyers or sellers.

What are demand deposit accounts?

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Answer:

it's a deposit of money that can be withdrawn without prior notice

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