What happens if either formally or informally, oligopoly firms work together and hold to their agreements?

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Answer 1

By acting together, oligopolistic firms can hold down industry output, charge a higher price, and divide the profit among themselves.

An oligopoly maximizes profit by equating marginal revenue with marginal cost, resulting in an equilibrium output of Q units and an equilibrium price of P. Oligopoly firms face twisted demand curves due to competition from other oligopoly firms in the market.

Firms in an oligopoly set prices collectively (in a cartel) or under the direction of one firm, rather than undercutting prices from the market. Profit margins are therefore higher than in more competitive markets.

The competitive market model is an oligopoly model based on entry and exit barriers that govern firm prices and output. If the barriers are high, the oligopoly will set a higher price.

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Related Questions

When evaluating the six-step decision-making process, what occurs during the solution implementation step?

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When evaluating the six-step decision-making process, the solution that best solves the problem is selected.

Decision-making is viewed as the cognitive process of choosing a belief or course of action among several possible alternative options. It can be rational or irrational.

Decision-making is the process of making decisions by identifying decisions, gathering information, and evaluating alternative solutions. A step-by-step decision-making process helps you make more conscious and thoughtful decisions by organizing relevant information and defining alternatives.

Basically, making a decision is choosing from available options. The better you are at decision making, the better your ability as a decision maker. There are many examples of decision-making in everyday life. For example: Decide what to eat for lunch.

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When rico is feeling happiest and most upbeat, he more often holds the door for others, smiles at strangers and signs up to do volunteer work at the local hospital. this best exemplifies:______.

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When Rico is feeling happiest and most upbeat, he more often holds the door for others, smiles at strangers and signs up to do volunteer work at the local hospital. this best exemplifies feel-good, do-good phenomenon.

What is the feel-good, do-good phenomenon?

A positive attitude makes people see the world more positively. Your perception of happiness or fulfillment in life is referred to as subjective well-being. Healthier, more energized, and content with life are characteristics of happy individuals. Additionally, they are more eager to assist others (the feel-good, do-good phenomenon).

What is the focus of positive psychology research?

The study of human flourishing, covering issues like pleasant emotions, good health, positive neuroscience, and good education, is done by positive psychologists using scientific methods. Positive character, positive groups, communities, and cultures are the three pillars of positive psychology.

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As learning occurs over repeated conditioning trials, the conditioned stimulus increasingly predicts the unconditioned stimulus, and prediction error __________

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As learning occurs over repeated conditioning trails, the conditioned stimulus increasingly predicts the unconditioned stimulus, and prediction error declines.

When the outcome of a conditioning trial is different from that which is predicted by the conditioned stimuli that are present on the trial(i.e.., when the US is surprising). prediction error is necessary to create Pavlovian conditioning (and associative learning generally). So conditioning works to correct or reduce prediction error.

To learn something through classical conditioning, there must first be some prediction error,  or the chance that a conditioned stimulus won't lead to the expected outcome. with the example of the bell and the light, because the bell always leads to the reward of food, there's is no "prediction error" that the addition of the light helps to correct. However, if the researcher suddenly requires that the bell and the light both occurs in order to receive the food, the bell alone will produce a prediction error that the animal has to learn.  

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Culture can be defined as a program of shared ________ that govern the behavior of people in a society as well as a set of shared values and beliefs

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Culture can be defined as a program of shared norms or rules that govern the behavior of people in a society as well as a set of shared values and beliefs.

Human beings are in a habit of living in a socially defined structure- where people live together and develop different forms of cooperation created by common habits, styles of living, behaviors and the like. This institution of culture provides stability in the society, that support human existence.

Culture also acts the point of segregation of one group of people from another since these groups of people have different systems of language  s well as social and religious practices.

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The study of interactions between the living and non-living components of a defined area is called:_________

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Answer:

Ecology

Explanation:

What is the greatest pitfall a leader can encounter when carrying out the role of evaluator?

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The greatest pitfall a leader can encounter when carrying out the role of evaluator is poor planning.

Leaders will run across a variety of pitfall when creating and implementing various systems and evaluating them. A leader's ability to use strategy to go through or around barriers depends on how well they are anticipated or handled.  Three main categories of hazards that a leader could frequently run into are personal, organisational, and environmental.

A person who evaluates anything has the responsibility to determine its worth, significance, quantity, or quality is the evaluator. For the purpose of evaluating the company's business strategy, an impartial assessor is hired.

Poor outcomes typically follow from not planning for anything, and doing an evaluation is no different. Poor preparation can result in a lack of resources (such as funds, staff, space, etc.) for the assessment, as well as the inability to perform evaluation in the appropriate length of time or with the clarity necessary to know what results you hope to accomplish.

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The government can reduce inflation with the help of both fiscal and monetary policy. an effective combination of these policies to reduce inflation would be to _______ and _______

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The government can reduce inflation with the help of both fiscal and monetary policy. an effective combination of these policies to reduce inflation would be to Increase taxes and sell government bonds

This is further explained below.

What is political philosophy?

Generally, political philosophy is a discipline of philosophy that deals with the ideas and arguments of political ideology at the most abstract level. One of the most perplexing aspects of political philosophy is attempting to define the word "political".

In conclusion, It is a political philosophy that stresses the importance of loyalty, devotion, or allegiance to a country or nation-state and maintains that such duties are more important than other individual or group interests.

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Effective _____ also can deny an adversary time to set conditions in their favor or achieve destabilizing objectives; or mitigate the effects of a natural or man-made disaster

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Effective measures also can deny an adversary time to set conditions in their favor or achieve destabilizing objectives; or mitigate the effects of a natural or man-made disaster.

Awareness, education, preparedness, and prediction and warning systems can reduce the disruptive impacts of a natural disaster on communities.

Mitigation measures like adoption of zoning, land-use practices, and building codes are needed, however, to forestall or reduce actual damage from hazards.

Man-made environmental disasters are significant, continuing public health risk. However, risks is reduced by: keeping a secure environmental health structure, to confirm e.g. clean uncontaminated beverage, clean dumps thrown over the road.

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When staging cancer, a ______ number indicates a less severe and less invasive cancer and a ______ number indicates a more severe and more invasive cancer.

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When staging cancer, a LOWER number indicates a less severe and less invasive cancer and a HIGHER number indicates a more severe and more invasive cancer.

What do cancer antigen numbers mean?A cancer antigen number is also called a tumor marker. It is a number that indicates the amount of cancer antigen in the body. A cancer antigen is a protein made by cancer cells. Different types of cancer can make different types of antigensNormal range: < 2.5 ng/ml. Normal range may vary somewhat depending on the brand of assay used. Levels > 10 ng/ml suggest extensive disease and levels > 20 ng/ml suggest metastatic disease

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Which tactic is performed to control air movement using natural or mechanical means?

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The tactic performed to control air movement using natural or mechanical means is ventilation.

Air flow is used to regulate the atmosphere through ventilation. Air temperature, relative humidity, and air velocity interact to provide the sensation of thermal comfort. For air to move from clean to dirty and out, air movement is also crucial.

A ventilation control system consists of a number of components that work together to control how much fresh air is allowed into your house. To maintain indoor air quality at safe levels, the system continuously monitors variables like temperature and humidity and modifies ventilation as necessary.

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Behavioral scientists have long argued that people are willing to give more to their jobs when they have a greater degree of individual freedom and control over their work. This suggests that.

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Behavioral scientists have long argued that people are willing to give more to their jobs when they have a greater degree of individual freedom and control over their work. This suggests that "Decentralization is preferred by motivational research.."

What is meant by decentralisation?

Decentralization is a type of organizational structure in which the top management delegated power to the lower and middle levels of the organization's management.

Some characteristics of decentralisation are-

Delegation is the act of a superior giving a subordinate responsibility and a portion of their workload. Simply said, decentralization refers to the expansion of delegation at the organizational level.Daily operations including minor decision-making authority are delegated to the lower and middle levels in this sort of organizational structure, freeing the top-level management to concentrate more on important choices like business expansion and diversification, for example.Hotels, supermarkets, dress shops, and other decentralized businesses are good examples. Take a hotel as an example because it is impossible for one individual to concentrate on more over 100 branches that have branches all over the world. When one person owns a chain of hotels, he concentrates especially on employing decentralized systems so that regional hotel managers and staff are empowered to solve clients' problems, complaints, and needs immediately.

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An agreement between members of congress to trade support for each other’s bills is known as:________

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Answer:

the answer is logrolling

Logrolling is the trading of favors, or quid pro quo, such as vote

trading by legislative members to obtain passage of actions of

interest to each legislative member.

How can african feminism can create opportunities for male and female teachers at school

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Feminism exists a range of socio-political movements and principles that strive to determine and establish the political, economic, personal, and social equality of the sexes.

What is feminism?

Feminism exists a range of socio-political movements and principles that strive to determine and establish the political, economic, personal, and social equality of the sexes. Feminism includes the position that society prioritizes the male point of thought and that women minister unjustly in these societies.

African feminism exists as a variety of feminism innovated by African women that particularly addresses the conditions and conditions of continental African women. African feminism contains many strains of its own, including Mothers, Feminism, Snail-sense Feminism, Womanism/women palavering, Nego-feminism, and African Womanism.

They care not only about learner achievement but also about their mental fitness and well-being. They care not only about the grade of students' education but also the quality of how they exist treated compared to others. As such, feminist schools function as the most equitable spaces for all students to achieve.

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In explaining the evolutionary lineage of extinct birds, both authors make extensive use of which type of evidence?

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The processes of Macroevolution and microevolution are essentially the same. The  Diverse timelines represent different manifestations of the same evolutionary process. The Large-scale changes that identify new species or groups of organisms can result from microevolutionary processes that take place over thousands or millions of years.

The Macroevolution is the term used to describe significant changes that take place over a long period of time, like the emergence of new species and social groups. Small-scale changes that occur in populations over shorter durations and have an impact on just one or a few genes are referred to as the microevolution.

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The continental congress committee that examined the issue of american indian inclusiveness ultimately determined that this group should be seen as:_______

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The continental congress committee that examined the issue of American Indian inclusiveness ultimately determined that this group should be seen as possible allies.

American Indian- the American Indians are the aboriginals of the western hemisphere, they were the original inhabitants before the European colonizers came to the western hemisphere.

The continental congress committee- This committee is set up by the 5 founding fathers of the united states to communicate with the colonial British people and the foreign allies to strengthen the cause of American freedom. The members include Thomas Jefferson, benjamin franklin, Roger Sherman, Robert R. Livingston, and John Adams.

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In the u.s. today, almost __________ million people claim full or partial italian ancestry.

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In the US today, almost 17.8 million people claim full or partial Italian ancestry.

According to the estimate, 17.2 million Americans (or nearly 6% of the country's total population) claim Italian ancestry, compared to 4% and 3%, respectively, in Canada and Australia. And these are merely the principal geographical locations where Italian oriundi are to be found.

Given that Italy respects jure sanguinis, you can claim citizenship through ancestry (by the bloodline). You must, however, demonstrate that your Italian ancestor was, in fact, a citizen of Italy or had the legal capacity to do so at the time of their birth.

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Clinical supervision is the process whereby the work of counselors is reviewed by other mental health professionals, usually with the goal of?

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Clinical supervision is the process whereby the work of counselors is reviewed by other mental health professionals, usually with the goal of: increasing the counselors' effectiveness.

The transition between the classroom and the clinic is made possible by clinical supervision, which is emerging as the crucible in which counselors develop their knowledge and abilities for the field of substance misuse treatment. The field of substance misuse treatment needs supervision to enhance client care, advance the professionalism of clinical staff, and impart and uphold ethical norms. Clinical supervision has evolved over the past few years to become the foundation of quality assurance and improvement, particularly in the field of substance misuse.

As a clinical supervisor, you have a different job description and skill set than a counselor or administrator. A strong supervisor-supervisee relationship that supports both the welfare of the clients and the supervisee's professional development is the cornerstone of high-quality clinical supervision. You hold the positions of educator, coach, consultant, mentor, assessor, and administrator;

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The period of experimenting with different roles and asking questions about one's own identity that is so common during adolecence is reffered to as the

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The period of experimenting with different roles and asking questions about one's own identity that is so common during adolescence is referred to as the psychological moratorium.

Erikson thought that developing an identity was the main psychological job of adolescence. Teenagers have trouble identifying with themselves. This includes inquiries on their physical characteristics, vocations and aspirations, education, love lives, sexual orientation, political and social beliefs, personalities, and hobbies.

Erikson saw this as a time of uncertainty and experimenting with one's identity and course in life. Teenagers put their commitment to an identity on wait during the psychological moratorium of adolescence in order to explore their possibilities.

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On a scale of 1 to 10, where 1 means not interested at all and 10 means extremely interested, how interested are you in pursuing a career in academics? This question is an example of a(n)?

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This question is an example of an closed-ended question.

What is close ended question?

Any question for which a researcher gives study subjects a choice of possible answers is referred to as a closed-ended question. Sometimes, closed-ended inquiries are framed as statements that need an answer.

How do you write a closed-ended question?Guidelines for creating closed-ended questions include:

Never start a question with Have, Will, or Did. Make an effort to vary the types of questions you ask, including yes/no, multiple-choice, rating scale multiple-choice, and fact-based answers. Do design the questions in accordance with the information you require from a study, survey, or questionnaire.

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Technical skill development should be the primary focus during which stage of learning?

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Technical skill development should be the primary focus during degree stage.

Technical abilities are the capabilities and knowledge had to carry out precise obligations. they're realistic, and regularly relate to mechanical, statistics technology, mathematical, or medical tasks.

Technical skills associated with your employees tasks calls for specialised education. that's in which technical capabilities education for personnel development. The primary awareness inside the learn how to teach degree is to expand strong technical skill execution in all conditions and environments at varying speeds.

This segment is ready using foundational principles to construct their know-how and examine new standards. A baby with robust foundational talents is much more likely to succeed in this section, and to expand a experience of independent getting to know.

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________ is the right of an owner of property such as plants or animals to increase in the property. the owner of a cow, for example, owns the calves born to the cow

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Accession is the right of an owner of property such as plants or animals to increase in the property. The owner of a cow, for example, owns the calves born to the cow.

A method of gaining property known as accession property law entails the labor- or material-based addition of value to the property.

According to property law, accession refers to the process of obtaining property by enhancing existing property with labour or raw materials like plants. Owning property automatically grants the right to hold anything that is contributed to or created by it .

An illustration of accession is as follows: If someone permits someone else to harvest undesired alfalfa from their land and make it into bales of feed for livestock, that person may then acquire the finished product.

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ACCESSION

Accession is the right of an owner of property such as plants or animals to increase in the property. the owner of a cow, for example, owns the calves born to the cow.

Accession acquired in virtue of transferred ownership- Where such accession has been acquired at the expense of the mortgagee, and is capable of separate possession or enjoyment without detriment to the principal property, the mortgagor desiring to take the accession must pay to the mortgagee the expense of acquiring

Property rights allow people to be entrepreneurial. And enterprise allows people to create wealth and prosper. The security of property allows people to pursue their enterprise.

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The difference between a conjunctive model and a disjunctive model is that a disjunctive model puts the weight on?

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The difference between a conjunctive model and a disjunctive model is that a disjunctive model puts weight on positive information.

The idea is that consumers set the minimum attributes that an acceptable brand should have. When they are looking to buy, they only consider brands that meet all minimum requirements.

A model for studying the consumer's decision-making process to evaluate alternative brands. The idea is that a consumer evaluates the competing brands he is looking to purchase based on one or a few attributes, ignoring their position on others.

A disjunctive model rule sets a minimum level of performance for each important characteristic (often a fairly high level). All brands exceeding performance levels in any of the key attributes are considered acceptable.

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What are the three major areas of analysis in the second screening of the market screening process?

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The three major areas of analysis in the second screening of the market screening process.

Paying habits of consumers, Interest rates, Currency exchange rates.

Payment habits refer to the use of payments. means of payment. example. Payment habits is the use of the bank's online direct debit system. Cards used to purchase and use electronic devices.

Interest is the price you pay for borrowing money. Common examples include mortgages, car loans, student loans, and credit cards. When a lender borrows money, it benefits from interest.

Exchange rate is defined as the price of one's own currency relative to another currency. The purpose of forex is to compare one currency to another to show their relative value.

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Bernie started by telling himself that it was okay to steal paper clips, and eventually embezzled $10,000. bernie likely fell victim to _____

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Bernie started by telling himself that it was okay to steal paper clips, and eventually embezzled $10,000. Bernie likely fell victim to rationalization trap.

Rationalization When we attempt to reduce dissonance, we fall into a trap. This might result in a series of absurd or even unethical justifications and rationalisations. Bernie justify its action that is why he fall into a trap.

When behaviour is justified by providing what appear to be logical justifications, it is an ego defence technique known as rationalisation. It is an effort to identify the causes of behaviours, particularly one's own.  Justifications are used to combat guilt feelings, uphold one's dignity, and shield oneself from criticism.

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The _____ denotes the type of organization or country the address of a document or site on the internet specifies.

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The top-level Domain denotes all these details.

What is a Top Level Domain (TDL)?

After the root domain, a top-level domain is one of the domains at the highest level in the Internet's hierarchical Domain Name System. The top-level domain names are put in the name space's root zone.

Generic TLDs (gTLDs) include some of the most popular domain names encountered on the internet, such as '.com,' '.net,' and '.org.' The Internet Corporation for Assigned Names and Numbers (ICANN) used to place significant limitations on the formation of new gTLDs, however, these limits were eased in 2010. There are currently hundreds of lesser-known gTLDs available, such as '.top,' '.xyz,' and '.loan.'

Country-code TLDs (ccTLDs) are only available to nations, sovereign states, and territories. Examples are '.uk,' '.au' (Australia), and '.jp' (Japan) (Japan). ICANN's Internet Assigned Numbers Authority (IANA) is in charge of selecting appropriate entities in each area to operate ccTLDs.

Sponsored TLDs: These TLDs are usually associated with professional, ethnic, or geographical communities.

TLDs for infrastructure: There is just one TLD in this category: '.arpa.' '.arpa' was the first TLD ever developed and is currently designated for infrastructure functions like performing reverse DNS lookups. It was named after DARPA, the United States military research agency that helped pioneer the modern Internet.

TLDs on the Reserved List: Some TLDs are on the Reserved List, which implies they are indefinitely unavailable for usage. '.localhost', for example, is reserved for use in local computer settings, whereas '.example' is reserved for use in example demonstrations.

Therefore, the Top Level Domain denotes the type of organization or country the address of a document or site on the internet specifies.

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Which person was not known as being active in the education of native americans?

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The earliest populations in the Americas, roughly 10,000 years ago, are known as Paleo-Indians.

Previous genetic paintings had advised the ancestors of Native Americans split from Siberians and East Asians approximately 25,000 years ago, possibly once they entered the now commonly drowned landmass of Beringia, which bridged the Russian a long way East and North America.

The act destroyed the tribal tradition of communal land possession. Many Native Americans had been cheated out of their allotments or had been pressured to promote them. ultimately, local people displaced hundreds of thousands of acres of Western native lands. Poverty among native individuals became vast.

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What do we mean by the main-sequence turnoff point of a star cluster, and what does it tell us?

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The spectral type of the hottest main-sequence star in a stellar cluster serves as a proxy for the cluster's age.

What does a star cluster's main-sequence turnoff point mean and what does it tell us about the universe?

We can determine the age of a star cluster by looking at the spectral type of the star in the cluster with the hottest main-sequence star. Main sequence turnoff is a reliable indicator of cluster ages.

The cluster's age is revealed by the main sequence switch off time. The luminosity, temperature, size, and rate of accretion off the main sequence of a star are all determined by its mass. It is good that this is the case since stars with similar masses will evolve at the same speed.

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Elongate, north-south-oriented disturbances in the trade winds that are known to sometimes result in the formation of cape verde-type hurricanes are called:_________

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Elongate, north-south-oriented disturbances in the trade winds that are known to sometimes result in the formation of cape Verde-type hurricanes are called: Easterly waves

A tropical wave, also known as an easterly wave, tropical easterly wave, or an African easterly wave, is a type of atmospheric trough that forms in and around the Atlantic Ocean. It is characterized by an extended region of relatively low air pressure that is north to south-oriented and moves from east to west across the tropics, producing cloud cover and thunderstorms.

Subtropical ridges or belts of high air pressure that are located north and south of the Intertropical Convergence Zone give rise to tropical waves in the easterly flow along their equator-ward sides. The dominant easterly winds along the tropics and subtropics close to the equator typically carry easterly waves westward. In the northeastern Pacific and north Atlantic basins, they may result in the development of tropical cyclones.

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What managerial level has information flow that is vertical, horizontal, and external?

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Top managerial level has information flow that is vertical, horizontal, and external.

The top managerial level consists of the organization's board of directors and managing director or executive director. They are the ultimate source of power and authority as they oversee company goals, policies and procedures. There are four ways in which information flows within an organization: downward, upward, horizontally, and diagonally. The size, type, and structure of an organization determine the direction in which most information flows.

An information flow model differentiates between distinct working stages within a process, traces how information flows between that system, identifies the types of data elements that flow through the process, and represents the nature or manner of data access.

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In a recent study (tetering & others, 2020), 13- to 16-year-old _____ reported higher levels of self-control and self-monitoring than their ____ counterparts.

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Thirteen- to 16-yr-antique youngsters reported better degrees of self-tracking than their carried out opposite numbers.

Self-monitoring is a personality trait that includes the ability to display and adjust self-shows, emotions, and behaviors in reaction to social environments and conditions. It includes being privy to your conduct and the effect it has on your environment.

Self-regulation focuses on decreasing the depth and frequency of these impulses. in many ways is only a small a part of self-law, which is lots more treasured in the end.

An example of self-tracking at paintings could consist of using a checklist to live targeted at the duties you need to complete and watching how regularly you get off assignment with non-work associated activities.

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A series RL circuit is connected to a 240 V single-phase power line with a frequency of 60 Hz. An ammeter indicates a current flow of 10 A and a wattmeter indicates a true power of 1630 W. Calculate a) The existing power factor of the circuit. b) The amount of capacitance required to correct the power factor to 95%. c) Draw the power triangle for the corrected power factor. Andrew Mellon and Herbert Hoover where similar in that both:O were immigrants from Europe.Oaccepted bribes.were isolationists.promoted economic growth.OO A rectangle has dimension 23cm by 41cm and is made with a piece of wire How long will each length be for an equilateral triangle? hello please answer need help The goal of ____ is to have the right product in the right place at the right time. N1=731p1=0. 33 n2=644p2=0. 28 use this data to find the 90onfidence interval for the true difference between the population proportions Dystopias in science fiction are often based on some quality or problem in the real, present-day world. Why do you think that the themes of utopia and dystopia are common in science fiction A regular pentagonal prism has a volume of 2,850 cubic millimeters. what is the height of the prism? a regular pentagonal prism with height labeled h. the pentagonal base has side edge labeled 12 millimeters. apothem from center to a base edge is labeled 5 millimeters. the height of the prism is millimeters. According to the topic overview, there can be no moral and spiritual absolutes without what? Blood passes through the right av valve as it moves from the _______ to the ______ Question 8 of 12 At the time the insured purchased her life insurance policy, she added a rider that will allow her to purchase additional insurance in the future without having to prove insurability. This rider is called Can someone help on this? Collaborative conversation: return to the essential question: how should we interact with the world around us? how do you think mcgonigal would answer this question? how might twohy answer the question? what is your answer? What is an entity that does not require a relationship to another entity for identification? how do i solve this by factors f(x) = (x+6) (x+4) A natural gas power plant is 60% efficient. if one cubic meter of natural gas provides 1000 btus of electricity. how many btus of waste heat were produced? Use the recursive formula to find the first five terms in the arithmetic sequence. WILL MARK U BRAINLIEST THANK U So you them the answer you submit must be the d operators; they are pald $8. 10 an hour each and work 40 hours a week and 52 weeks a year. The machines break down periodically, resulting in annual repair costs of $1,320 for each and supplies cost $960 a year for each machine. Vill have a life of 5 years and a total disposal value at that time of $1, 500. The kodak system will require only 2 regular operators. Supplies wil be $3,600 per year. Kodak has offered the college a maintenance contract that covers all machine breakdowns; the cost of the contract is $1,020 per year. Total cost for all favor keeping the canon copiers, enter your net present value difference as a positive number; if. Identify a product you use every day. Assume you are the marketer of the product and want to convey the ways your product differs from competing products in the marketplace. Create a differentiation strategy to promote your product and create a competitive advantage