A production possibilities curve (PPC) that is bowed outward (from the origin) represents the concept that: the production of additional units of one good requires that increasing quantities of the other good be given up.
This is further explained below.
What is the production possibilities curve?Generally, is a model that is used to illustrate the costs and benefits involved with dividing up resources for the production of two different types of commodities.
The production possibilities curve is a useful tool for illustrating a variety of economic principles, including scarcity, opportunity cost, efficiency, inefficiency, economic expansion, and contraction.
In conclusion, The idea that the production of greater units of one good necessitates that increasing amounts of the other good be given up is represented by a production possibilities curve (PPC) that is bent outward (from the origin). This concept is based on the fact that there are two goods.
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This morning, clayton deposited $2,500 into an account that pays 5 percent interest, compounded annually. Also this morning, jayda deposited $2,500 at 5 percent interest, compounded annually. Clayton will withdraw his interest earnings and spend it as soon as possible. Jayda will reinvest her interest earnings into her account. Given this information, which one of the following statements is true?.
Jayda will earn more interest in Year 2 than Clayton will earn. The interest received in year 1 will be compounded at the end of year 2 and subsequent years. As Clayton is taking out the interest every year, it won't be compounded for Clayton.
In finance associate degree economics, interest is payment from a receiver or deposit-taking financial organization to an investor or investor of an amount on top of reimbursement of the capital (that is, the quantity borrowed), at a specific rate. it's distinct from a fee that the borrower could pay the lender or some third party.
It's conjointly distinct from a dividend that is paid by a corporation to its shareholders (owners) from its profit or reserve, however not at a particular rate set beforehand, but rather on a pro-rata basis as a share within the reward gained by risk-taking entrepreneurs when the revenue earned exceeds the full costs. Interest differs from profit, in this interest is received by a lender, whereas profit is received by the owner of the associate degree asset, investment, or enterprise.
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If you are able to build and maintain collaborative relationships to work effectively toward common goals, while appreciating diverse viewpoints and shared responsibilities, you have a proficiency in which competency?.
A person that is able to build and maintain collaborative relationships to work effectively toward common goals, while appreciating diverse viewpoints and shared responsibilities, have the competency that is called teamwork.
What is team work?This is the term that is used to refer to the ability of persons to work in a collaborative manner. That is the ability of people to work in such that a way that they are able to share ideas and despite the different areas that they are from would put aside the differences they have to work together in order to help the business to grow.
Hence we can say that A person that is able to build and maintain collaborative relationships to work effectively toward common goals, while appreciating diverse viewpoints and shared responsibilities, have the competency that is called teamwork.
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61.) ""an active market in which the sellers of available properties can obtain higher prices than those obtainable in the immediately preceding period; a market in which a few available properties are demanded at prevailing prices by many users and potential users"" is the definition of a(n) market.
"an active market in which the sellers of available properties can obtain higher prices than those obtainable in the immediately preceding period; a market in which a few available properties are demanded at prevailing prices by many users and potential users"" is the definition of a(n) seller's market.
Which kind of market is most likely to be characterized by escalating costs and a dearth of available properties for purchase?A seller's market is one in which there are few products available for purchase, giving the seller greater price power. When little supply and high demand exist in the real estate market, the phrase "seller's market" is frequently used.
What does real estate market valuation entail?The actual value of your property as it would be sold on the open market is referred to as its market value. It is decided by purchasers and is outlined as the sum they are prepared to spend to buy the house.
What is the market's supply of real estate?The term "months' supply" describes how long it would take, at the current rate of sales, for the inventory of properties now on the market to sell. A lower amount of months' supply tends to accelerate price increases, and historically, six months of supply has been linked to a mild price increase.
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jonathan mendez is deciding whether to study for his economics exam at a café or go to a concert with friends tonight. the cost of the concert ticket that he purchased yesterday is in his opportunity cost and represents a cost.
Jonathan Mendez is debating whether to attend a concert with friends tonight or study for his economics exam at a cafe. His opportunity cost calculations for these decisions do not take into account the cost of his economics course tuition, which amounts to a financial cost.
What are opportunity costs?The time and money spent learning that could have been put to other uses make up the opportunity cost. The opportunity cost of not growing wheat or using the resources in another way exists when a farmer decides to do so (land and farm equipment).
Opportunity cost is frequently described as the backup plan. Sometimes referred to as the alternative cost, this is the loss of gain that would have been realized if a different option had been selected. Another way to express it is the loss of benefit brought on by a change in choice.
Define financial cost?The costs, interest, and other fees associated with borrowing money to construct or buy assets are referred to as financing costs (FC), often known as the cost of finances (COF). This can include how much it costs to finance a home mortgage, a bank-financed vehicle loan, or a school loan.
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Taylor started a small business a little less than 10 years ago. The business employed several social workers and nurses that visited and cared for persons who had left hospital care, but were not quite ready to be on their own at home. As the ceo of the firm, taylor decided it was time to hire a business operations manager and a marketing manager to handle the details of the business. Which function of management was taylor primarily performing?.
The function of management that Taylor is performing in his small business is organizing.
The function of management of organizing entails creating an organizational structure and assigning human resources to guarantee the achievement of goals. The framework for coordinating effort is the organizational structure. An organization chart, which shows the chain of command within an organization graphically, is typically used to describe the structure. Organizational design decisions are the general term used to describe decisions made about an organization's structure. Designing individual tasks inside the company is another aspect of organizing. Decisions must be made regarding each job's obligations and responsibilities, as well as how those obligations should be fulfilled.
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Frank corporation has a single product. Its selling price is $80 and the variable costs are $30. The company’s fixed expenses are $5,000. What is the company’s break-even point in unit sales?.
Frank corporation has a single product. Its selling price is $80 and the variable costs are $30. The company’s fixed expenses are $5,000. The company’s break-even point in unit sales is 100 units.
How to calculate the unit sales?
Unit CM = Selling price of $80 - Variable
expense of $30 = $50.
Unit sales to break-even Fixed expenses of = $5,000 = $50 = 100 units.
What are unit sales?
On the balance sheet, unit sales represent the total sales of a product in a given period. This sales information is used to determine the price point to achieve profit per unit relative to actual production costs.
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small businesses multiple choice concern themselves with state-of-the-art information and accounting technology but not employee relations due to their challenge to financially support employee benefits programs. do not seek government funding due to the fact that the federal government has made it very clear that it must support large operations before small operations. deal with very different management issues due to the very different management challenges experienced by small businesses. deal with similar management issues that large companies face.
Due to the extremely distinct management problems faced by small enterprises, they deal with quite different management concerns.
what is management?No matter if the organization is a for-profit corporation, a government agency, or a nonprofit, management is the administration of the entity.Resource management for a corporation is both an art and a science.Setting an organization's strategy and organizing its workers' (or volunteers') efforts to achieve its goals through the use of resources like money, the environment, technology, and people are all included in management. In management, the terms "run the business" and "change the business" are used to distinguish between continuing to provide goods or services and tailoring those offerings to accommodate consumers' shifting demands.Those who oversee an organization are referred to as managers when we use the term "management."To know more about management, refer to the following link:
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As a paid emergency medical responder, while on duty you are expected to provide care according to the standard operating procedures outlined by your department. this is called?
As a paid emergency medical responder, while on duty you are expected to provide care according to the standard operating procedures outlined by your department. this is called duty to act.
What is meant by duty to act?This is the term that is sued to refer to the legal duty that the people of the United States have in order to act so that they would be able tp prevent any forms of harm to a person or to the entire members of the public.
Hence we can say that As a paid emergency medical responder, while on duty you are expected to provide care according to the standard operating procedures outlined by your department. this is called duty to act.
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at the beginning of the conversation, norio wants to discuss sushi with michael, but michael is more interested in getting the contract signed. based on what you’ve learned about global management, it seems michael was not cognizant of norio coming from a
At the beginning of the conversation, Norio wants to discuss sushi with Michael, but Michael is more interested in getting the contract signed. based on what you’ve learned about global management, it seems Michael was not cognizant of Norio coming from a high-context culture.
Norio is coming from a high-context culture in which people rely heavily on situational cues for meaning when communicating with others, relying on nonverbal cues as to another person's official position, status, or family connections.
The Conversation Australia and New Zealand were founded in Melbourne in 2011. Today it operates as a global network of sister locations with dedicated teams operating in Indonesia, Spain the UK the US, France, Africa, and Canada.
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Your marketing team is currently working through the target market selection process to identify which customers your firm will target with a new technology product being developed. You are currently in the process step where you must consider the target market characteristics, the product attributes, and the firm’s objectives and resources. Which of the five steps in the target market selection process are you currently working on?.
Step #1 - Identify the appropriate targeting strategy
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salespeople who can offer better service than their competitors have an advantage for generating new business and taking away business from the competition.
True. Salespeople who can offer better service than their competitors have an advantage for generating new business and taking away business from the competition.
What are salespeople?The salesperson is in charge of welcoming customers, assisting them in finding what they're looking for, and ringing up purchases. You need to have excellent communication skills to succeed as a salesperson. A successful salesperson achieves their goals while being courteous and helpful to customers.
A salesperson is someone whose primary goal is to close sales of a good or service. The salesperson may or may not truly be enthusiastic about the good or service. The pursuit of financial success is his or her main goal.
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question a survey of entrepreneurs who started companies last year shows that while virtually all did substantial preparatory research and planning, only half used that work to produce a formal business plan. since, on average, the entrepreneurs without formal plans secured the capital they needed in half the time of those with plans, these survey results indicate that, in general, formal plans did not help the entrepreneurs who produced them to secure the capital they needed.
An entrepreneur is someone who spots a need in the market and takes steps to fill it. The phrase has historically been used to describe a person who begins a business because they sense an opportunity to make money by being able to meet a need that has been discovered.
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What is a choice a management accountant must make when developing a costing system for a specific firm?
When a management accountant develops a costing system for a specific firm, he must make choices regarding the cost accumulation methods, the cost measurement method, and the overhead application method.
A costing system is the procedure and mechanism by which a business monitors and assesses the cost of its operations. The costing system involves a series of processes, controls and reports that provide information regarding the revenues, profits and losses, costs, and other vital information to the management.
The management accountant must decide on the following items. The cost accumulation method includes information of job costing and process costing, the cost measurement method relates to actual or standard costing, and the overhead method refers to volume or activity based costing.
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How much will you accumulate in an account where you deposit $1,100 a year at the beginning of the next 3 years if you can earn 5% annually?.
I accumulate in an account where you deposit $1,100 a year at the beginning of the next 3 years if you can earn 5% annually is $3,346.90
An account with an APR of 8% compounded quarterly has an annual interest rate EAR of 8.243%. A regular annuity is an annuity with cash flows or payments at the end of the period.
calculation:-
principal amount = $1,100
time = 3 year
annual rate of interest =5%
SI = PRT ÷ 100
= $1100 × 5 ×3
= $2246.9
amount = Principal + SI
Amount = $3346.90
Use the interest rate formula to get the interest rate. This is the percentage of the principal amount that a lender or bank charges a borrower for the use of an asset or money over a period of time. The interest rate formula is interest rate = simple interest x 100/principal x hours. compound interest. Interest added to the initial investment earns itself interest for subsequent periods.
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Used by many smaller companies to help streamline procurement or distribution processes, ________ is an internet site whose purpose is to be a major starting point for users when they connect to the web.
Used by many smaller companies to help streamline procurement or distribution processes, a web portal is an internet site whose purpose is to be a major starting point for users when they connect to the web.
What is Web Portal?
An information single point of access, or web portal, is a website that has been specifically developed for this purpose. It might also be thought of as a collection of organized and personalized content. In addition to offering functions like task management, collaboration, business intelligence, and application integration, a web portal typically assists with search navigation, customization, alerting, and information integration. Web portals frequently offer access control and procedures as well as a specific appearance and feel for businesses and organizations. They are reachable through a variety of platforms, including desktop computers, mobile phones, and other electronic devices.
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your client is convinced that every project she does in her home requires a permit and a licensed contractor. which of the projects that she wants to perform actually requires a permit?
She requires a permit Convert the bathtub in the master suite to a jetted tub
A contractor's claim to be a professional in their field is legitimate if they hold a license. They are not just using this trade to make a fast buck; rather, they are creating a career out of it. A contractor's ability to perform construction work is demonstrated by their possession of a valid license, which demonstrates that they not only obtained the license but also uphold it by adhering to the industry's standards at all times. It costs money for a contractor to get and keep their license, which demonstrates their dedication to upholding the law and being certified and lawful.
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at the of stakeholder management capability, management must take the initiative in meeting stakeholders face to face and attempting to be responsive to their needs.
At the transactional level of stakeholder management capability, management must take the initiative in meeting stakeholders face to face and attempting to be responsive to their needs.
A stakeholder is a party with an interest in a business who has the potential to influence or be affected by it. A typical corporation's investors, employees, clients, and suppliers make up its main stakeholders.
All people or organizations with a stake in how well a business operates are considered stakeholders. Building strong and balanced relationships with stakeholders is crucial for organizations because doing so will determine how authentically they are able to meet their needs.
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Ceteris paribus, if buyers expect the price of airline tickets to fall in the future, then right now there should be.
Ceteris paribus, if buyers expect the price of airline tickets to fall in the future, then right now there should be a decrease in demand for airline tickets.
What is meant by Ceteris Paribus in Law of Demand?
Ceteris paribus literally means other things being equal. This clause is prominent in the law of demand. It refers to every other things with the exceptional of price being equal.
Hence, it does not refers to price of the commodity not changing.
It helps in isolating multiple independent variables which doesn't affect a dependent variable.
The accuracy of a demand curve is as long as there are no changes other than the price that could affect consumer decision.
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to minimize the risk of theft of consumer remittances, the person who handles and deposits customer payments can also a. reconcile the bank statements. b. none of these activities can be performed by the person who handles and deposits customer payments. c. authorize credit memos. d. post adjustments to accounts receivable.
To minimize the risk of theft of consumer remittances, the person who handles and deposits customer payments can also none any of these activities can be performed by the person who handles and deposits customer payments.
What's Payment?A payment is the voluntary tender of plutocrat or its original or of effects of value by one party( similar as a person or company) to another in exchange for goods, or services handed by them, or to fulfill a legal obligation. The party making the payment is generally called the payer, while the payee is the party entering the payment.Payments can be effected in a number of ways, for illustrationThe use of plutocrat, cheque, or disbenefit, credit or bank transfers.The transfer of anything of value, similar as stock, or using trade, the exchange of one good or service for another.What's the payment procedure?Payment Procedures means the procedures for carrying payments from one or further of the Portfolios in which a party maintains an account, established from time to time by the Chief Investment Officer.Learn more about payment here:
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today, boyd crowder signed loan papers agreeing to borrow $4,523.31 at 9 percent compounded monthly. the first monthly loan payment of $143.84 is due one month from today. how many loan payments must boyd make before the loan is paid in full?
Loan payments must be made before the loan is paid in full $5178.24.
Loan Payment means the amount payable by the Borrower to repay a Loan under the terms of the Loan Agreement, Debenture, and Bond Mortgage.
There are three payment methods for a mortgage: equal installments, equal installments, and fixed equal installments. The repayment method depends on a variety of conditions, such as whether you want to pay the same amount each month or whether you want to pay it back within a certain period of time.
Using EMI formula:-
P×R × (1 + r )^n ÷ (1 + r )^n -1
we find number = 36 month.
Hence, total Loan paymeny
36x 143.84 =
$5178.24
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Select all that apply to be complete, a business communication should:___.
a. be accurate.
b. be specific.
c. repeat the main points several times.
d. provide all relevant information.
To be complete, a business communication should be accurate, be specific, and provide all the relevant information.
Business communication refers to the process of sharing information between people within the workplace and outside a company. Where there is an effective business communication, employees and management interact in order to reach organizational goals.
In a company, all the organized activity relies on the process of business communication and the communication strategy. An effective business communication should be able to provide all relevant information, be accurate, and specific. Thus, the purpose of a business communication is to improve organizational practices and reduce errors.
Hence, option A, B, and D is correct.
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as a firm establishes a track record for performance, that performance, along with the goods or services it creates become key elements of the firm's and entrepreneur's identity.
A firm's and entrepreneur's identity refers to the photograph of company's criminal status.
Within the literature on terrorism, Troy Thomas and his colleagues describe an identification entrepreneur as "an character or team of persons who find it desirable, profitable, or otherwise utilitarian to support team identities."
What is intention placing in entrepreneurship?Goal Setting Definition: Establishing short- or long-term objectives, generally incorporating deadlines and quantifiable measures.
If you absolutely desire to make a success of your business, it is necessary to outline your enterprise goals, especially earlier than you get started.
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https://brainly.com/question/13628349#SPJ4Top officials in countries like japan, south korea, and china have faced legal charges of influence peddling and which serve as examples of the unethical behavior that u. S. Companies face in overseas markets
In a case whereby a Top officials in countries like japan, south Korea, and china have faced legal charges of influence peddling and which serve as examples of the unethical behavior that U.S. Companies face in overseas markets is Bribery.
What is bribery?Bribery can be described as the offering as well as promising, and soliciting which can be regarded as the illegal act that serves as the advantage as an inducement of an officials that are in the government so that they can offer an action and this can be regarded as a a breach of trust.
In this case , money or favor is been offered so as to be able to order to influence the judgment as well as the conduct of a person which was demonstrated above .
Therefore, In a case whereby a Top officials in countries like japan, south korea, and china have faced legal charges of influence peddling and which serve as examples of the unethical behavior that u. S. Companies face in overseas markets is Bribery.
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CHECK THE COMPLETE QUESTION:
Top officials in countries like japan, south korea, and china have faced legal charges of influence peddling and which serve as examples of the unethical behavior that u. S. Companies face in overseas markets is __________
On november 1, lawn & order, inc. Paid $24,000 for two years of rent in advance for rent beginning on november 1. How much should be expensed for the month of november?.
If on november 1, lawn & order, inc. Paid $24,000 for two years of rent in advance for rent beginning on november 1. The amount that should be expensed for the month of november is: $1,000
Expensed amount for the month of November2 years = 24 months
Now let find or determine the amount that should be expensed for the month of November using this formula
Expensed amount= ( 1/24 months ×Rent amount paid)
Where:
Rent amount paid = $24,000
Let plug in the formula
Expensed amount = 1/24× $24, 000
Expensed amount=$1,000
Based on the above calculation we can conclude that the expense amount for the month of November is $1,000.
Therefore If on november 1, lawn & order, inc. Paid $24,000 for two years of rent in advance for rent beginning on november 1. The amount that should be expensed for the month of november is: $1,000 ,
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You are comparing two annuities that offer regular payments of $2,500 for five years and pay. 75 percent interest per month. You will purchase one of these today with a single lump sum payment. Annuity a will pay you monthly, starting today, while annuity b will pay monthly, starting one month from today. Which one of the following statements is correct concerning these two annuities?.
Which of the following statements is true about these two annuities: Annuity B has a smaller present value than annuity A.
Annuities are payments or receipts that are made periodically within a certain time, so that they are similar to installments, savings, or contributions. Usually, these periodic payments or receipts are made every month within a certain period of time.
Annuities are closely related to financial institution products that have interest. For example, bank credit or savings in banks. Annuities are intended to make it easier for customers to pay installments because the amount is fixed.
Annuities are also closely related to insurance products. The policy holder or the insured must make periodic payments to achieve their goals, such as old age funds. The policyholder can choose when to start disbursing his annuity after he retires.
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__________ is a principle of sustainable marketing that requires a company to seek real product and marketing improvements.
Answer: Innovative marketing
Explanation:
Two modules validatecustomerid and registercustomer are unit tested individually. What kind of testing should be done to check whether registercustomer is calling validatecustomerid and validatecustomerid is called properly by registercustomer?
Two modules validate customer id and register customer are unit tested individually. Integration testing should be done to check whether register customer is calling validate customer id and validate customer id is called properly by register customer
Integration testing entails determines whether or not distinct modules perform well together.
Integration testing is a sort of software testing which involves merging of two or more modules to assess the flow between them.
Integration testing also ensures that the interactions between different software components which run smoothly and without difficulty.
Integration testing is a sort of software testing in which the various units, modules, or components of a software application are all evaluated together.
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When an employee’s interests are likely to interfere with the employee’s ability to exercise proper judgment on behalf of the organization, what exists?.
When an employee’s interests are likely to interfere with the employee’s ability to exercise proper judgment on behalf of the organization,conflict of interest exists.
What is conflict of interest?Conflict of interest happens when an individual's personal interests (social factors,friendships,financial, family) could compromise their judgement, actions or decisions in workplace.
There are three different types of conflict of interest,
predeterminationconflict of rolesfinancial conflict;non-financial conflict;Some examples of conflict of interest, is when an employee starts a business as a part time with the similar services.
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The amount of time a student spent studying for her math class went from 4 hours per week to 7 hours per week. What was the percent increase?
'The amount of time a student spent studying for her math class went from 4 hours per week to 7 hours per week. The percentage increase is 42.8%
Increase in time = 7-4 = 3 hrs
Percentage increase = 3/7 * 100 = 42.8%
What is percentage increase?Measures of percent change include percent increase and percent decline, which indicate how much an element of a variable changes in terms of intensity, size, extent, or value.
The figures are calculated by comparing the initial (also known as before) and final (also known as after) amounts using a specified formula.
To increase or reduce an amount by a %, first compute the percentage of the amount. Then, either add this answer to the original quantity to make it larger or subtract it to make it smaller.
Finding a percentage of a sum can be done in a few different ways.
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When united airlines considered putting pilots in its boardroom and when northwest airlines provided their workers an employee ownership system, they were:_________
When united airlines considered putting pilots in its boardroom and when northwest airlines provided their workers an employee ownership system, they were making action statements as part of their planning.
Employee ownership
Employee ownership refers to any arrangement in which a company's employees hold stock or the right to the value of stock in the company. Employee ownership is a broad idea with various variations, ranging from simple stock grants to highly complex arrangements. The most common form of employee ownership in the U.S. is the employee stock ownership plan (ESOP), a highly tax-advantaged plan in which employees own shares through a trust funded by the company.
A situation in which a company's employees own all or part of the company: Employee ownership is one of the factors that many investors evaluate when assessing a company.
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