(c) the limits of the terms of trade are determined by the comparative cost conditions in each country before trade: 1a

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Answer 1

Less commerce occurs as a result of partial specialization and rising costs than when costs are constant. The cost advantage one country has over another serves as the foundation for commerce. This explains why some countries make things that they also import since they are able to do so for less money than their trading partners.

What is comparative cost ?

Comparative costs refers to comparing, using a comparative costs approach, the costs of signing into a privatized contract to the expenses of the state maintaining to provide the services that are the subject of the contract.

Therefore,

The limits of the terms of trade are determined by the comparative cost conditions in each country before trade:

Less commerce occurs as a result of partial specialization and rising costs than when costs are constant. The cost advantage one country has over another serves as the foundation for commerce. This explains why some countries make things that they also import since they are able to do so for less money than their trading partners.

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Related Questions

Why are decisions involving the environment difficult to make?

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Answer:

its like a domino effect, (you) make a choice to help one biome, that can strongly effect the animals within that habital, wheter its good or bad. like, for example, x animal is going extenict, so there is mass breeding of that animal; which leads to a huge shortage of producers and whatever is below that animal in the food chain, ultimitly causing more harm.

Explanation:

isabel and josh engage in a business transaction that leads to a dispute. isabel initiates a lawsuit against josh by filing a complaint. the sheriff serves josh with a summons. if josh chooses to ignore it,

Answers

If isabel initiates a lawsuit against josh by filing a complaint. the sheriff serves josh with a summons. if josh chooses to ignore it: Isabel will have a judgment entered in her favor.

Dispute

Dispute occur when two or more parties in a contact agreement engages in an disagreement as a result of a business transaction  between the parties.

If the complainant which is Isabel initiated a lawsuit against josh the defendant by filing a complaint in which the  sheriff serves josh with a summons and josh refuse  to appear before the court  by ignoring this tend to mean that  Isabel will have a judgment entered in her favor before since josh chooses to ignore the summon.

Therefore if isabel initiates a lawsuit against josh by filing a complaint. the sheriff serves josh with a summons. if josh chooses to ignore it: Isabel will have a judgment entered in her favor.

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How did the government attempt to manage the economy for three decades after World War II as a result of Keynes's influence?

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Answer:

You have to understand that there were 2 perspectives of how to proceed after WWII, a meeting was planned which led to the Bretton Woods system

Explainanation:

Keynes- Plan (UK) vs. White-Plan (US $)

White: represented the new creditor of the world (US)

Eco. policy needs to target balance of payment, countries ensure balance of payment equilibrium. Employment comes second.

Adjustment mechanism: countries that have a current account surplus should not adjust. The debt countries should adjust, not the creditors (surplus countries). Exchange rate is not allowed to change. Restrictive social policy. → Burden in deficit countries

Keyne: “ represented the” old creditor of the world (UK) → both Surplus/Deficit countries must adjust so the burden should not fall on one country, to reduce balance of payment disequilibrium.  

(to reduce the disequilibria in the BoP both surplus countries and deficit countries need to adjust so the burden is split)  → 1.  Symmetric adjustment to reduce BoP disequilibrium

→ 2. There should be a scope for domestic policy in favor of employment programmes . Countries should be able to adjust their fiscal and monetary policies should be used to help employment after WWII. → Burden shared.

→ because WWII had happened in Europe, they needed reconstruction and as Keyne was british he wanted it too (symmetric adjustment).

White was American and as the WWII damage had not reached the US (creditor country), he did not see why the burden should be split, as it would be of disadvantage to the US because the creditor ones are highly competitive. (asymmetric adjustment).  He said that they have to target the BoP equilibrium as a mandate to prevent new economic catastrophes.

→ In conclusion White: burden shifts towards deficit countries and Keyne Burden shared between Surplus and Deficit countries.

--> Keynes wanted distribution How would they exactly move surpluses to countries with deficits? →  By taxing it away, what you need is an agreement, what is the mechanism.

an improved charging/discharging strategy of lithium batteries considering depreciation cost in day-ahead microgrid scheduling

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A microgrid's (MG) safe and reliable functioning depends on an energy storage technology, which also holds promise for the development of future power grids. To MGs, the efficient and secure operation of the storage system is extremely important.

Power management is necessary for the PV-HESS system to ensure energy supply and maximize energy savings. Energy optimization is produced by scheduling energy and controlling energy flow in the system. Peak shaving management lowers a system's peak load output, which improves power quality and energy efficiency. an enhanced lithium battery charging/discharging approach taking into account depreciation costs in day-ahead microgrid scheduling.

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When working with commercial properties, the appraiser develops an estimate of market rent by ______ and comparing rents across the subject and comparable properties.

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When working with commercial properties, the appraiser develops an estimate of market rent by Converting income to annual dollars per area unit and comparing rents across the topic and comparable properties.

There are four primary methods a true estate investor or agent can use to judge the potential value of a rental property. No one method is ideal. Each could be a rule of thumb; if buyers or agents use quite one on the identical property, they will get a stronger picture of its value. The primary method is that the sales comparison approach (SCA). The second method is Gross rent multiplier approach. Third method which is employed is that the income approach. The forth method is that the cost approach. These are the subsequent methods during which we will calculate our income to annual dollars per area unit.

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GUYS I NEED YOUR HELP ASAP. ok so im running for school secretary and well i forgot to make an online flyer its due TOMORROW do you guys know any good online customizable flyer websites . if so lmk in the comments i will be forever grateful!!!! btw i just put a random subject

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Answer:

canva is a good one

lemme know if u like it haha

i use lucidpress a lot too for most of my projects !

using the information from the presentation brainstorm and create a list of at least five behaviors you believe would be considered responsible in the workplace

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There are Five Ways to Act Professionally at Work.

the required details about professionalism is given in below paragraph

More than only appearances are included in professionalism! One's success at work is aided by a certain way of speaking, acting, and even thinking. The rewards are fantastic if you conduct yourself professionally at work.

1. At work, expectations and regulations

2. Personal Responsibility

3. Business Morals

4. external manifestation

5. Language

Examples of appropriate professional behavior include, but are not restricted to: demonstrating empathy for others; appropriately managing patients' and families' emotional reactions; demonstrating respect for others; displaying a calm, compassionate, and helpful demeanor toward those in need; and being uplifting.

Professional workers often produce well, are driven, and deliver excellent work. They are popular with both clients and coworkers, and they have the potential to become leaders.

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​according to the diffusion innovation theory, are the risk takers, always the first to try new products and ideas.

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According to the diffusion innovation approach, Innovators are the risk takers, ever the first to try new products and ideas.

What is described by the diffusion of innovation theory?

Diffusion of Innovation (DOI) Theory, designed by E.M. Rogers in 1962, is one of the elder social science theories. It was created in communication to explain how, over time, an opinion or product gains momentum and diffuses (or spreads) via a specific population or social system.

The diffusion of innovation approach describes the rate at which consumers will embrace a new product or service.

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when businesses raise the price of a needed product or service after a natural disaster this is known as blank brainly

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When businesses raise the price of a needed product or service after a natural disaster this is known as price gouging.

What is price gouging?

Price gouging is when the price of a good or a service is increased to very high levels when the demand for the product is higher than the supply of the product. Price gouging is illegal in the United States.

Price gouging usually occurs in the wake of a natural disaster. when the demand for goods would be high. An example of price gouging is when during an epidemic, sellers increase the price of such items as nose masks and hand sanitizers. These products would be needed by a lot of people to protect themselves. Most people would have no option to but to buy these items at exorbitant prices which would increase the profit of the sellers.

In order to prevent price gouging, the government can set a price ceiling for the good.

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the tools that enable the systems analyst to develop, manage, and maintain large-scale information systems

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The tools that the systems analysts needs to be able to develop and also maintain large information systems are:

Application lifecycle management (ALM), product life cycle management, integrated development environments, computer aided software engineering

What are large information systems?

The information systems is the term that is used to describe the organizational systems that are used for the collection and the processing and distribution of information. These are the tools that are used in a lot of the aspects of human life.

Hence we would say that The tools that the systems analysts needs to be able to develop and also maintain large information systems are:

Application lifecycle management (ALM), product life cycle management, integrated development environments, computer aided software engineering

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select three software applications that you would use to manage all aspects of a company's finances such as keeping records of business transactions and generating invoices and forms, then click done.

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The three software applications that you would have to make use of to manage the finances would be

xerointuit quick booksage 50 accounting

What is an accounting software?

This is the term that is used to refer to the software that was created as an accounting program that helps in  the assistance of accountants and book keepers in the recording and report of the financial transactions that have happened in a particular company. Three of the applications that can be used for this purpose has been listed.

Hence we would say that The three software applications that you would have to make use of to manage the finances would be

xerointuit quick booksage 50 accounting

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A change of state of matter is an example of a/an
A. chemical change
B. chemical reaction
C. exothermic reaction
D. physical change ​

Answers

Answer:

D.Physical Change

Explanation:

Physical changes alter the size, shape, form or basically the matter state of a material....& they are reversible.

So over here, Changes of state are physical changes in matter coz they are reversible changes that do not change matter's chemical form or chemical properties.

For example, Ice- even though it changes to water when it melts, it can still change back to ice when it freezes. so the change is reversible.

the united states imports a lot of cars, despite having its own auto industry. each of the following statements are arguments some people could make for restricting imports of cars into the united states. for each statement, identify the threat to the u.s. industry that the argument is trying to counter, and identify the opportunities that would be given up if the argument wins.

Answers

Automotive Industry

The automotive industry includes all companies and activities involved in the production of motor vehicles, including the majority of components such as engines and bodywork but omitting tyres, batteries, and fuel.

Main Content

a) Anti-dumping legislation will prohibit unfair competition:

For selling cars in the country, foreign corporations employ the dumping method. As a result, the United States should enact anti-dumping legislation to prevent unfair competition in its market. As a result, the price of foreign cars will rise, reducing demand for foreign cars in the United States.

b). Protection can aid the development of new enterprises:

To prevent foreign businesses from selling their hybrid electric automobiles at low prices in the US, the US should levy a substantial tax on these international electric vehicles. As a result, protection can aid in the development of infant industries and encourage the production and distribution of small scale industries in the market.

c) Job losses can result from foreign competition:

When an economy consumes a lot of imported goods, indigenous firms face stiff competition. Domestic manufacturers' products will be less in demand, resulting in reduced production, which will harm the manufacturer and, as a result, job losses and mass unemployment.

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Which qualifications are most helpful for Foreign Service Careers? Check all that apply.

Foreign language skills
Stress management skills
Design skills
Independence
Math skills
Adaptability and flexibility

Answer: foreign language skills, stress management skills, and adaptability and flexibility

Answers

The foreign languages are Brazilian and

Answer:here's the right answer for this question

Explanation:edge2023

line or constraint shows various combinations of two products that can be purchased with a specific amount of income

Answers

A consumers Budget Line or constraint shows various combinations of two products that can be purchased with a specific amount of income. Below you can read more about Budget line.

What is a Budget Line?

A consumers budget line or constraint shows various combinations of two products that can be purchased with a specific amount of income.

 A budget line describes the alternative combinations of two goods that a buyer can purchase with a given money income.

Therefore, according to the question, the correct answer is Budget line as it describes the possible combination of two products that can be purchased with a specific amount of income.

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clara can spend her afternoon doing one of three things: she can study economics, plant a sapling in her garden, or wash her car. suppose she values spending time in the garden most; next her time washing the car; and her time studying economics the least. what is the opportunity cost of planting a garden?

Answers

The opportunity cost of planting a garden will be washing her car.

What is the opportunity cost?

It should be noted that opportunity cost simply means the real cost of forgone alternative. It should be noted that it has to do with what we forgo in order to get something else.

The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. Simply put, it means that if you choose one activity, you forfeit the chance to do another.

In this case, the opportunity cost of planting a garden will be washing her car. It should be noted that this is what she forgoes for the garden.

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the monteleone company pays large fees to a highly-recognizable, prestigious individual to be the spokesperson for the company's products, luxury private jets. monteleone is probably following the

Answers

The Monteleone company is probably following the focused differentiation strategy. Hence, Option B is correct.

What is a focused differentiation strategy?

A business must provide distinctive features to a product or service and meet the needs of a niche or narrow market in order to implement a focused differentiation strategy.

Examples of such companies that follow focused differentiation strategy are BMW and Apple. These companies concentrate on creating cutting-edge products for a wide market. Because of their distinctive qualities, such as the driving experience for BMW or the elegant design and user experience for Apple, consumers are willing to pay premium prices for their products.

The Monteleone company is probably following the focused differentiation strategy. Hence, Option B is correct.

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"Your question is incomplete, probably the complete question/missing part is:"

Monteleone is probably following the

A. focused cost leadership strategy

B. focused differentiation strategy

C. integrated cost leadership/differentiation strategy

D. total quality strategy

if sellers do not adjust their quantity supplied at all in response to a change in price, the price elasticity of supply is

Answers

If sellers do not adjust their quantity supplied at all in response to a change in price, the price elasticity of supply is perfectly Inelastic.

What is Inelastic Supply?

When the percentage change in quantity supplied is less than the percentage change in the price of the good, the absolute value of the coefficient is less than one.

The investigated time horizon is a key determinant of supply elasticity in most markets. Long-term supply is usually elastic, but short-term supply is inelastic. This occurs because companies cannot adjust their plants in the short term to produce a greater quantity of goods in less time. As a result, in the short term, the quantity supplied is unaffected by price changes.

Companies, on the other hand, can build and operate new factories or close old ones over longer time periods, and adjust the quantity supplied accordingly.

Thus, If sellers do not change their quantity supplied in response to a price change, the price elasticity of supply is completely inelastic.

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these benefits can include sick leave, vacation, and personal time; life, health, and disability insurance; tuition reimbursement programs; pension, profit-sharing, and retirement plans; and flexible spending accounts (fsas) for care and health care expenses.

Answers

These advantages can contain sick leave, vacation, and personal time; life, health, and disability insurance; tuition, and reimbursement programs; pension, profit sharing, and 401(K) retirement programs.

What retirement plans are better than 401k?

Though there are pros and cons to both plans, allowances are generally considered better than 401(k)s because all the acquisition and management risk is on your employer, while you are assured a set income for life.

Retirement planning is the most essential step towards financial security. It involves arranging your investments carefully such that their returns can return your regular income.

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Sharon owns a law firm. she has recently begun earning more money, and the firm's finances are doing well. in which business life cycle stage is sharon?

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The life cycle stage is Sharon when a firm is in its growing phase.

What are the characteristics of the growth stage?

The phase of the business cycle known as the growth stage is when the company starts to see rapid volume growth in sales. Additionally, consumer understanding has grown, lowering the possibility of rejection. When they purchase a new product and are happy with it, they are willing to tell their friends or relatives about it.

A Sharon firm may start to produce more money, break even, turn profitable, or increase profitability during a growth stage. It could be time to look for additional capital from investors if your product or service is becoming increasingly popular so that you can grow your company.

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is the term used to describe the ongoing exchange of ideas, money, goods and services, art works, and languages among nations and across cultures. it is used to describe how theatre productions can be created across international boundaries.

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Globalization is the term used to describe the ongoing exchange of ideas, money, goods, services, artworks, and languages among nations and across cultures. it is used to describe how theatre productions can be created across international boundaries.

Globalization encourages many companies to specialize, grow their capital, improve their studies and development efforts, and assist them to innovate. It affords more employment opportunities, mainly within the export and import sectors.

Globalization consequences in improved exchange and lower costs. It heightens opposition within the domestic product, capital, and labor markets, in addition to among countries adopting different trade and funding strategies.

Globalization has added advantages in advanced international locations in addition to poor results. The high-quality effects include a variety of things which are training, alternate, era, opposition, investments and capital flows, employment, way of life, and organizational structure.

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which of the following is something a smart pick list does not help pickers do?
a. physically lift heavy items
b. pick materials based on order of delivery
c. pick materials using a pre-programmed efficient route
d. pick materials based on due date​

Answers

c seems right to me but i’m not 100% sure

Often presented visually on an executive dashboard, what type of report focuses attention on business processes whose performance falls outside of the tolerance ranges defined a kpi metric?.

Answers

Exception is the answer of the given statement.

What is a KPI metric?

The metrics you use to assess business-critical activities, objectives, or goals are known as KPIs, or key performance indicators. The term "key" in the statement denotes that they have a unique or important meaning. KPIs serve as measurable standards against predetermined objectives.

Is metric same as KPI?

Metrics are frequently operational or tactical, but KPIs are strategic. Metrics are more basic indications that are unique to a department, whereas KPIs can be monitored by multiple departments that are working toward the same objective. Metrics provide your business activities perspective, whereas KPIs enable strategic decision-making.

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in preparing a company's statement of cash flows for the most recent year, jeffers corporation reported the following information: repayment of outstanding bonds $ 107,000 purchase of treasury stock 62,000 issuance of common stock 46,000 payment of cash dividends 15,000

Answers

Net cash flows from financing activities for the year were $138,000.

It is calculated as follows:

Repayment of outstanding bonds = $107,000

Add Purchase of treasury stock =  62,000

Less Issuance of common stock  =46,000

Add Payment of cash dividend = 15,000

Net cash used by financing activities = $107,000 +$62000 - $46,000+ $15,000 = $138,000.

The financing activity in the cash flow statement generally focuses on how the firm raises the  capital and pays it back to investors through capital markets.

The largest line items present in the cash flow from financing activities statement are such as dividends paid or repurchase of common stock and the proceeds from the issuance of debt.

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is a cost-effective way that many companies outsource the production of goods, such as clothing, shoes, and cell phones. the domestic firm contracts with a foreign company to produce and private-label the goods, because the price is much cheaper than the domestic firm could produce in its home market. multiple choice foreign direct investment franchising exporting contract manufacturing

Answers

Contract manufacturing is a popular method used by many companies to outsource the production of goods including clothing, footwear, and mobile phones. A foreign firm is hired to produce and private-label the goods since the pricing is much lower than the local company could charge in its home market.

What is mobile phones?

A portable telephone that can make and receive calls over a radio frequency link while the user is moving within a telephone service area is known as a mobile phone. These terms are sometimes abbreviated to simply mobile, cell, or just phone. A mobile phone operator's switching systems are connected via the radio frequency link, granting access to the public switched telephone network (PSTN). Mobile phones are known as cellular telephones or cell phones in North America because modern mobile telephone services utilize a cellular network design.

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a customer, layne gracen, gives gerbig a check for $620 to prepay for her dog's grooming appointments for the upcoming year.

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In order to prepay for her dog's grooming visits for the following year, a client named Layne Gracen hands Gerbig a check for $620. YES

What does "grooming" actually mean?

the actions you take to maintain the cleanliness and orderliness of your look, such as combing your hair, or the actions you take to maintain the cleanliness and orderliness of an animal's hair or fur: She is very particular about her clothing, grooming, and makeup.

What does grooming a dog entail?

In a typical professional grooming appointment, the dog is brushed, cleaned, dried, and then has their hair cut or trimmed using clean, sterile tools. Before giving the dog a bath, groomers brush or comb off mats to make it simpler to bathe the dog.

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select all of the potential risks associated with licensing in an international market. (check all that apply.)

Answers

The potential risks associated with licensing in an international market are:

LICENSING: A license entitles the licensee to use specific resources to produce and/or market a specific product in the host nation.

The potential risks associated with licensing in an international market are:

(1) Host country economic and legal factors: the economic and legal policies of the host country affect the business a lot.

(2)The potential of opportunistic behavior; and

(3) Uncertainty in valuing the licensed technology and/or know-how: The technology and the procedure of licensing might also affect the business.

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sellers of a product will bear the larger part of the tax burden, and buyers will bear a smaller part of the tax burden, when the question 35 options: a) tax is placed on the buyers of the product. b) demand for the product is more elastic than the supply of the product. c) supply of the product is more elastic than the demand for the product. d) tax is placed on the sellers of the product.

Answers

When the supply of a good is more elastic than that of the demand for it, sellers of the good will bear a larger portion of a tax burden, and buyers would then bear a smaller portion of the tax burden.

The correct option is C.

What does demand elasticity mean?

Elastic elastic demand is one where there is a significant shift in the quantity demanded as a result of a price change. A small variation in the quantity demanded as a result of a price change is referred to as inelastic demand. The method here for calculating elasticity.

Elastic or inelastic demand—which is preferable?

Since the demand for inelastic goods won't change, they are more likely to continue generating income during bear markets or recessions. Businesses that manufacture products with elastic demand can boost revenue besides lowering price. Companies that manufacture goods to inelastic demand can boost revenue by raising their price.

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think ink is a growing company that sells a variety of inks for home and business printers. management at think ink has decided to open a sales branch overseas to handle sales and distribution abroad. think ink is engaging in

Answers

Think about how ink is exported directly.

the reqired details about direct exporting is given in below paragraph

The definition of direct exporting is:

Direct exporting is the procedure through which the producer, or an overseas agent, exports goods to foreign customers directly.

These manufacturers are another name for these exporters. Even consignment-based commodity deliveries are considered direct exports.

Businesses with high turnover generally offer their products either directly to foreign clients or through middlemen. Although there is a very high risk involved with direct exporting, there is also a very large potential payoff.

The following organizational structures are available to exporters for direct export:

(a) The export corporation may export its goods through an export department or division with a domestic headquarters, such as the integrated export division.

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data blank describes technologies that allow users to ""see"" or visualize data to transform information into a business perspective.

Answers

Data visualization describes technologies that allow users to ""see"" or visualize data to transform information into a business perspective.

Definition of Data Visualization

Data visualisation is the representation of data through the use of common graphics, including infographics, charts, plots, and even animations. These informational visual representations make it easy to understand complex data relationships and data-driven conclusions. It's important to remember that not only data teams may employ data visualisation for a variety of purposes. Management employs it to convey organisational structure and hierarchy, while data scientists and analysts use it to identify and explain patterns and trends. Harvard Business Review divides data visualisation into four key categories: idea generation, idea illustration, visual discovery, and everyday data viz.

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Suppose you bought a bond with an annual coupon rate of 7.5 percent one year ago for $898. The bond sells for $928 today. a. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year Which is the equation of a line that has a slope of 1/2 and passes through point (-2,3) is y=x^3 one to one? Write the THREE reasons why a topic sentence may be considered WEAK. e Formula PracticeKOn a zip-line course, you are harnessed to acable that travels through the treetops. Youstart at platform A and zip to each of the otherplatforms. How far do you travel from PlatformB to Platform C? Which line from the poem "Friendship" best conveys the theme that true friendship improves life for humankind?A. "Friendship deals no lavish praises,"B. "Speaks the language of the heart."C. "Smooths the passage to the grave."D. "Lovingly fulfills its mission," Ms. Ochoa recorded the age and shoe size of eachstudent in her physical education class. The graphbelow shows her data.Ages and Shoe Sizes of Studentsin Ms. Ochoa's Class9.838 8.Shoe Size of Student760131411 12Age of Student (years)Which of the following statements about the graphis true? Find f(3) for f(x)=5x2A. -10B. -15C. 13D. -17 I'm basically confused about the directions of this slide. Can someone help me? If you have an orientation where you read manuals and fill out paperwork, it is probably a _____.a.new hire orientationb.interactive orientationc.reorientationd.mentorship Find the exact length of the third side. Subtract 38 from $5.60. Include the dollar sign and no spaces in your answer. Random question, but tell me the history of the colour purple. 8 + x/2 = -12 (8 + x divided by 2 = -12) * Any know the answer to this?f(x) =0x+5 jane believes that adhering to laws and statutes will make her chemical manufacturing company both ethical and socially responsible. her company makes business decisions simply to avoid breaking the law. which theory of corporate social responsibility does jane most likely follow? Find the area of a circle that has a diameter of 20 cm. P, Q, R, S, and T are on line k such that Q is the midpoint of PT, R is the midpoint of QT, and Sisthe midpoint of RT. If PS= 9, then what is PT? if i have 23 pictures and 2:59 mints to show them how many for each Which substance is used by plants during photosynthesis? a. sulfuric acid c. carbon monoxide b. carbon dioxide d. urea