Why is Mr equal MC is the profit-maximizing point?

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Answer 1

MR=MC is the profit maximizing point because at any other level of production the profit earned by the firm will be less as compared to this point.

If the firm produces at the point where MR > MC, then the firm can increase profits by producing more of the good till the point where MR=MC. If the firm produces at the point where MR < MC, then the firm can increase profits by producing less of the good till the point where MR=MC. Hence, the only point at which the profit is maximized is when the marginal revenue is equal to the marginal costs.

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Related Questions

Several times during the winter, supervisor Clyde goes ice fishing with Bubba, one of the workers in his department. After fishing they often have a few beers together. When it comes time for Clyde to write a performance evaluation of Bubba, Clyde faces the ethical dilemma of ________.

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Several times during the winter, supervisor Clyde goes ice fishing with Bubba, one of the workers in his department. After fishing they often have a few beers together. When it comes time for Clyde to write a performance evaluation of Bubba, Clyde faces the ethical dilemma of conflict of interest.

An ethical dilemma is what?

Any alternative that requires the agent to violate or compromise on their ethical norms presents an ethical problem in a decision-making situation.

We note that the following three characteristics can be used to categorize ethical dilemmas:

The agent must have a decision to make or be given an option.There must be multiple options open to the agent.The agent understands that every option forces them to give up some personally held ethical principle or value.

Ethics are inherently contradictory, hence they do give rise to ethical problems. Employees may encounter situations where lying or breaching the law appears to serve other vital goals like increasing pay or avoiding layoffs.

What kinds of ethical dilemmas are there?

In the course of carrying out their tasks and obligations, agents may run across a variety of ethical problems, including the following:

Epistemic conundrumsSelf-imposed conundrumWorld-imposed conundrumA conflict of obligationProhibition conundrum.

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What have lenders established to protect borrowers from unlimited increases in the interest rate?

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Borrowers are protected from unlimited increases in the interest rate, lenders establish " interest rate caps."

The first cap which is known as the periodic cap sets the amount of increase or decrease which is  allowed in each adjustment period. The second cap  which is known as overall or aggregate cap sets a maximum interest-rate increase over the lifespan of the loan.

An interest rate cap is a limit on the amount how much high an interest rate can rise on variable-rate debt. Interest rate caps can be fixed across all types of variable rate products. But these  are commonly used in variable-rate mortgages only or in the  specifically adjustable-rate mortgage loans only.

Interest rate caps can also have an overall limit on the interest for the loan and also be used to limit incremental increases in the rate of a loan.

Interest rate caps provide borrowers a  good protection against the dramatic rate increases and it  also provide a ceiling for maximum interest rate costs.

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International trade is fundamentally a?

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International trade is fundamentally a win win situation.

What is international trade?

International trade is the process by which goods and services are traded between countries. People and countries have access to goods and services that are either unavailable or more expensive domestically because to global trade.

The exchange of money, goods, and services across international boundaries or regions is a result of a need or desire for certain commodities or services. The bulk of countries' gross domestic products benefit greatly from this trade.

The most common types of trade restrictions are tariffs, quotas, and nontariff barriers. In international trade, a tariff is an import tax imposed by the federal government that raises the price of the good for the customer. Often referred to as fees or import duties, tariffs usually begin by placing restrictions on certain goods.

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In the event an employee does defraud a customer, a company can reduce its liability in a number of ways, including?

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The company can reduce its liability in several ways, including setting up a whistleblower hotline

What is a whistleblowing hotline?

Employees and others can use a whistleblowing hotline (also known as a whistleblowing system) to report workplace misconduct and illegal or unethical behavior. A telephone-based reporting service was historically referred to as a "whistleblowing hotline."

How effective are whistleblower hotlines?

Tips make up more than half of all fraud detection in businesses with an internal hotline, compared to only one-third in those without one. Notably, when a business doesn't provide a hotline, the likelihood of uncovering fraud "by mistake" more than doubles.

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According to the law of supply,

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Answer:

whats da question

Explanation:

How the investment will affect your tax situation is referred to as consequences?

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Answer: Tax

Explanation:

What can happen if the framework you choose as a foundation does not fit your organization’s business objectives?

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It will lead to wasting money, time, effort and resource.

A business objective is a quantifiable result that a firm wishes to achieve. Many business professionals use the SMART goal strategy, which stands for specified, measurable, attainable, relevant, and time-bound goals.

If a framework that does not match the company is chosen, the organization is always at danger of being a victim of a security assault or a breach that exploits the revealed vulnerabilities in the system.

Therefore, the answer is wasting money, time, effort and resource.

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The definition of Blank______ states: the difference between money coming into a country (from exports) and money leaving the country (from imports) plus money flows coming into or leaving a country from other factors such as tourism, foreign aid, military expenditures, and foreign investment.

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The definition of Balance of Payments states:

The difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment.

What is Balance of Payments ?

The balance of payments is a tool in international trade that demonstrates the financial transaction made by a particular country with foreign countries. Its most often includes export, import and transfer payments.

Theoretically, it should be zero as a country's assets should equal the liabilities. However, in practice, that is not always the case, as the country's debits and credits can create a discrepancy in the balance of payments, which creates a surplus or deficit.

A favorable balance of payment means that a country exports exceed imports. B.O.P records economic transactions of goods and services as well as other payments such as international aid, capital flow, and international remittances. A Favorable or positive balance of payment means that the aggregate of country foreign inflow exceeds outflows.

Thus, we can say that above  definition state Balance of Payments.

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Direct labor and indirect labor are recorded, respectively, to: Multiple Choice Work in Process Inventory and Factory Overhead. Cost of Goods Sold and Work in Process Inventory. Work in Process Inventory and Finished Goods Inventory. Cost of Goods Sold and Finished Goods Inventory. Finished Goods Inventory and Work in Process Inventory.

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Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.

What is indirect labor?

Indirect labor are expenses incurred during manufacturing process which are not directly, some logistics cost can be here.

Direct labor are charged directly in production such as cost of resources. They are recorded in the company overall spending called overhead cost.

Therefore, Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.

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Dinklage corp. has 6 million shares of common stock outstanding. the current share price is $84, and the book value per share is $5. the company also has two bond issues outstanding. the first bond issue has a face value of $145 million, a coupon rate of 5 percent, and sells for 95 percent of par. the second issue has a face value of $130 million, a coupon rate of 4 percent, and s

Answers

The answers to the questions are given below.

A. The company's capital structure weights on a book value basis are:

Equity = 9.84%Debt = 90.16%

B. The company's capital structure weights on a market value basis are:

Equity = 64.55%Debt = 35.45%

What is the calculations about?

A. The company's capital structure weights on a book value basis are:

Firm's Outstanding common stock = 6 million shares

Current share price = $84

Book value per share = $5

Hence, Total equity book value = $30 million (6,000,000 x  $5)

Total equity market value = $504 million (6,000,000 x $84)

First bond's face value = $145 million

Coupon rate = 5%

Selling price = 95% of par

Market value of first bond = $145 x 95%

                                    = $137.75 million

The Second bond's face value = $130 million

Coupon rate = 4%

Market value = $130 x  107% = $139.1 million

Total market value of bonds = $276.85 million ($137.75 + $139.1)

Book value of bonds = $275 million ($145 + $130)

Therefore, the company's capital structure by book value:

Equity = $30 million

Debt = $275 million

So, Total firm's value = $305 million

Hence:

Equity = $30/$305 x  100 = 9.84%

Debt = $275/$305 x  100 = 90.16%

B. Hence company's capital structure by market value:

Equity = $504 million

Debt = $276.85 million

Total firm's value = $780.85 million

Therefore:

Equity = $504/$780.85 x 100 = 64.55%

Debt = $276.85/$780.85 x  100 = 35.45%

See full question below

Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $84, and the book value per share is $5. The company also has two bond issues outstanding. The first bond issue has a face value of $145 million, a coupon rate of 5 percent, and sells for 95 percent of par. The second issue has a face value of $130 million, a coupon rate of 4 percent, and sells for 107 percent of par. The first issue matures in 24 years, the second in 9 years. Both bonds make semiannual coupon payments.

Required:

a. What are the company's capital structure weights on a book value basis?

b. What are the company's capital structure weights on a market value basis?

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________ supply chain decisions are made affecting how products are developed, manufactured, moved, and sold.

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Hundreds of times each day supply chain decisions are made affecting how products are developed, manufactured, moved, and sold.

Supply chain. It consists of all parties directly or indirectly involved in the procurement of products or raw materials. Supply chain management (SCM) involves managing the flow of information between stages in the supply chain to maximize the effectiveness and profitability of the entire supply chain.

Decision stages can be defined as different stages of supply chain management for making actions or decisions related to a product or service. Successful supply chain management requires decisions about the flow of information, products, and money, which fall into three decision phases.

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Discuss libraries/modules in python. How do you use libraries/modules of interests in your project? how open source community/culture get benefits on this?

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A Python library is a collection of modules and packages.

A Python library contains bundles of code that can be used repeatedly in different programs. Through this Python Programming becomes simpler and convenient for the programmer. As we don't need to write the same code again and again for different programs.

As Python is developed under an OSI-approved open source license which makes it freely usable and distributable, even for commercial use.

Python is an open source programming language that was made to be easy to read and powerful. In Python, a program called an interpreter runs Python code on almost any kind of computer.

Hence, the answer was given and explained above.

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Milltown Company specializes in selling used cars. During the month, the dealership sold 13 cars at an average price of $14,100 each. The budget for the month was to sell 11 cars at an average price of $15,100. Compute the dealership's sales price variance for the month.

Answers

The dealership's sales price variance for the month is: $13,000 unfavorable.

Sales price variance

Using this formula

Sales price variance=(Budgeted sales -Actual sales)× Numbers of cars

Let plug in the formula

Sales price variance=(15100 - 14100) x 13

Sales price variance=$13,000 unfavorable

Therefore the dealership's sales price variance for the month is: $13,000 unfavorable.

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For the purpose of allocating the transaction price to multiple performance obligations, if a stand-alone selling price cannot be directly observed, the seller should:______

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For the purpose of allocating the transaction price to multiple performance obligations, if a stand-alone selling price cannot be directly observed, the seller should  estimate the stand alone price by seeing all the things that maximizes the use of observable inputs.

Seller must apply different estimation methods which are consistent to  similar circumstances of the not availability of stand alone price.

Different  methods which can be used for estimating the stand-alone selling price of a good or service include the following:

Expected cost plus margin

Adjusted market assessment

Residual value.

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Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to ______.

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Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to make payment for goods or resources they buy and also have the ability to repay debt.

Why is company with high earning potential sought for?

Companies with high earnings potential have the capability to manage their company.

Banks and other agencies look to working with them because they have a viable business tat brings in money from where they can also get their own share if they invest with them.

Therefore,

Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to make payment for goods or resources they buy and also have the ability to repay debt.

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The seller reviews and signs the offer at 6:00 pm Saturday. She texts her acceptance to her broker. The broker does not read the text until 7:00 am Sunday, and then immediately forwards it to the buyer's broker. Meanwhile, the buyer changes her mind and texts a withdrawal of the offer directly to the seller. A few minutes later, the seller's broker texts the original notice of acceptance to the seller. Is there a binding contract?

Answers

No, there is no binding contract because the withdrawal of the offer was made and communicated to the seller before the buyer was notified of the acceptance.

Contract, within the simplest definition, is a promise enforceable by law. The promise can be to do something or to refrain from doing something. The making of an agreement requires the mutual assent of or more persons, one of them normally making an offer and some other accepting.

Offer and acceptance are commonly recognized as vital requirements for the formation of an agreement, and evaluation in their operation is a traditional approach in agreement regulation. The offer and recognition method, advanced in the 19th century, identifies a second formation while the parties are of one mind.

Any change to an offer creates a new offer, referred to as a "counteroffer." Like a proposal, a counteroffer can be withdrawn by the seller at any time before it is signed via the purchaser and the signed attractiveness is brought back to the seller or his agent.

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The ROI calculation will indicate: Select one: a. the overall quality of a company's earnings. b. the invested capital generated from each dollar of income. c. the sales dollars generated from each dollar of income. d. the percentage of each sales dollar that is invested in assets. e. how effectively a company used its invested capital.

Answers

The ROI calculation will indicate (C) how effectively a company used its invested capital.

What is ROI?Return on investment, often known as return on costs, is a ratio of net income to investors. A high ROI indicates that the benefits of the investment outweigh the costs. ROI is used as a performance indicator to evaluate the efficiency of an investment or to compare the efficiencies of several investments.What is ROI calculation?A computation that compares the monetary value of an investment against its cost. (profit minus cost) / cost is the ROI formula. If you earned $10,000 from a $1,000 investment, your return on investment (ROI) would be 0.9, or 90%. This is commonly obtained by using an investment calculator.The ROI calculation will show how well a business utilizes its invested capital.

As the description says, the ROI calculation will show how well a business utilizes its invested capital.

Therefore, the ROI calculation will indicate (C) how effectively a company used its invested capital.

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Complete question:

The ROI calculation will indicate:

A. the percentage of each sales dollar that is invested in assets.

B. the sales dollars generated from each dollar of income.

C. how effectively a company used its invested capital.

D. the invested capital generated from each dollar of income.

E. the overall quality of a company's earnings.

Wang co. manufactures and sells a single product that sells for $420 per unit; variable costs are $231 per unit. annual fixed costs are $909,000. current sales volume is $4,220,000. compute the contribution margin per unit.

Answers

The contribution margin per unit is 4809.52.

What is the contribution margin?

Contribution margin is the level of output at which revenue would equal zero.

Contribution margin = fixed cost / (price - variable cost)  

909,000 / (420 - 231)

909,000 / 189 = 4809.52

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Burgers & brews, inc., files its articles of incorporation with the appropriate government agency. not likely to appear in the articles is the name of:_________

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Burgers & brews, inc., files its articles of incorporation with the appropriate government agency. not likely to appear in the articles is the name of each shareholder.

Who is a shareholder?

This is the term that is used to refer to a person that has a substantial share in the company or ion a business.

Although the person has the share in the business, their names would not have to appear in the articles of incorporation of the business.

The person whose name is likely to appear here is that of the person that actually owns this business.

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Turn company utilizes the lifo inventory method to calculate taxable income. which method is available to turn for financial reporting purposes?

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Turn company utilizes the LIFO inventory method to calculate taxable income. The method which is available to turn for financial reporting purposes is FIFO.

The Turn Company is a project management company which focuses on the year round oversight and execution of property turn and make ready contract services.

The Turn Company utilizes the LIFO inventory method in order to calculate taxable income. For most companies, FIFO (“First-In, First-Out”) method is the most logical choice since they use their oldest inventory first in the production of goods.

Suppose your inventory costs are going down, FIFO will allow you to claim a higher average cost per piece on newer inventory, which can help you save money on taxes.  

Hence, the Turn company utilizes FIFO for financial reporting.

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The keynesian model:_____.
a. takes into account individual business decisions.
b. is a dynamic model.
c. is a pedagogical model.
d. begins with individual decisions.

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The keynesian model is vtakes into account individual business decisions.

Keynesians consider that, because fees are truly rigid, fluctuations in any aspect of spending intake, funding, or government fees purpose output to trade. If authorities spending increases, for example, and all other spending components continue to be constant, then output will boom.

Keynes proposed that the authorities spend more money and reduce taxes to turn a price range deficit, which might increase client demand in the economy. this will, in flip, lead to an growth in average economic pastime and a discount in unemployment.

keynesian economics a form of call for-aspect economics that encourages authorities action to growth and decrease demand and output. demand side economics. the idea that authorities spending and tax cuts help an financial system through raising call for.

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An oligopoly where each firm believes that rivals will lower their prices in response to a price decrease, but will not change their prices in response to a price increase is called a

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An oligopoly where each firm believes that rivals will lower their prices in response to a price decrease, but will not change their prices in response to a price increase is called a Sweezy.

Instead than collecting prices from the market, companies in an oligopoly determine pricing, whether collectively—in a cartel—or under the direction of one enterprise. As a result, profit margins are greater than they would be in a market with greater competition.Reduce their costs. Small enough for actions made by one firm to have a big impact on those made by other companies in the same industry.

What means oligopoly?An oligopoly is a market characterized by a small number of firms who realize they are interdependent in their pricing and output policies. The number of firms is small enough to give each firm some market power.

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In theory, preparing the initial budget is the responsibility of the ––––––––––––– and the legislature. in practice, preparing the budget is primarily the responsibility of the ––––––––––––– .

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In theory, preparing the initial budget is the responsibility of the governor and the legislature. in practice, preparing the budget is primarily the responsibility of the legislature.

An assembly with the power to enact laws for a political unit, such as a nation or city, is known as a legislature. They are frequently put in opposition to the government's executive and judicial branches. Primary legislation is the term used to describe laws passed by legislatures.

The total income available to spend should be the biggest consideration when planning a budget. It is a great way to track expenditures and also organises your finances. A budget is a plan that helps to make sure that one does not run out of money by ensuring a proper estimation of income and expenditures.

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Which two business and technical challenges does implementing virtualization within a data center help businesses to overcome?

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Two technical and business challenges include physical footprint as well as the power and air conditioning at the data center.

Initially, only one server was built within one machine with one operating system only . The server also required power and a cool environment, also a method of backup is required.

Virtualized servers always require more compatible and robust hardware than a standard machine because a computer or server which has been installed in a virtual machine commonly shares hardware with more than one servers and operating systems.

By placing more than one servers within the same physical case, more space is saved.

The proper licenses for operating virtual systems or applications or both is always required and also need the proper security applications and settings applied on them.

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Household​ production, such as baking bread at​ home, is not included in gdp because it:.

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Household​ production, such as baking bread at​ home, is not included in GDP because it is not a market transaction.

What transactions are included in GDP?

The total private and public consumption, government expenditures, investments, increases in private inventories, paid-in building expenses, and the foreign balance of trade are all included in the computation of a nation's GDP. (Imports are deducted from the amount while exports are added.)

Moreover, these are intermediate goods that are not included in GDP.

Why are intermediate not included in GDP?

When calculating the gross domestic product, economists do not include intermediary products (GDP). The market worth of all finished products and services generated in the economy is gauged by GDP. These items would be tallied twice, thus they are not included in the computation.

Therefore, baking bread at home is not included in GDP because it is not a market transaction.

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The 7.5 percent preferred stock of Rock Bottom Floors is selling for $60 a share. What is the firm's cost of preferred stock if the tax rate is 35 percent and the par value per share is $100

Answers

The firm's cost of preferred stock is (C) 8.93%.

What are preferred stocks?Preferred stock (also known as preferred shares, preference shares, or simply preferreds) is a type of share capital that can include any combination of attributes not found in common stock, such as the characteristics of both an equity and a debt instrument, and is thus considered a hybrid instrument. Preferred stocks are senior (i.e., higher ranking) to common stock but subordinate to bonds in terms of the claim (or rights to their share of the company's assets, provided such assets are payable to the returnee stock bond) and may have priority over common stock (ordinary shares) in dividend payment and liquidation.

To find the firm's cost of preferred stock:

Rp = (.075 × $100)/$84 = .0893,

= 8.93%

Therefore, the firm's cost of preferred stock is (C) 8.93%.

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Complete question:

The 7.5 percent preferred stock of Rock Bottom Floors is selling for $84 a share. What is the firm's cost of preferred stock if the tax rate is 35 percent and the par value per share is $100?

(A) 10.79 percent

(B) 8.13 percent

(C) 8.93 percent

(D) 7.50 percent

(E) 9.14 percent

The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as

Answers

The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as "forced ranking".

What is forced ranking?

The contentious practice of "forced ranking," which grades employees against one another rather than against performance standards, is very popular in corporate America.

The problem with forced ranking are-

This can lead to a lack of motivation and disengagement among employees as well as unneeded internal competition that can harm collaboration, creativity, and innovation and divert attention from market competition.Although contentious, forced ranking systems are legal. Employers who choose to take action based on those rankings, however, run a number of legal dangers.

The forced rankings beneficial from an employee perspective, here are reasons-

This system teaches a manager how to assess employees objectively with the right management training. When the management system needs to be improved or formalised, forced rankings are advantageous. An essential component of business is analysing trends and developments.

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Spence recently graduated from high school. He is learning to be a drywaller by working with Phillip, who has more than a decade of experience in the trade. After several years, Spence expects to apply for jobs in the field on his own, then, one day, perhaps start his own business. Spence's current training exemplifies:

Answers

Answer:

an apprenticeship

Explanation:

By raising the discount rate, the fed leads banks to make _________ loans to households and firms, which will _________ checking account deposits and the money supply.

Answers

By raising the discount rate, the fed leads banks to make fewer loans to households and firms, which will decrease checking account deposits and the money supply. In a discounted cash flow (DCF) analysis, the discount rate is the interest rate that is used to calculate the present value of future cash flows.

This aids in determining whether the cash flows from a project or investment will be more valuable than the capital expenditure required to fund it in the present. For instance, if an investor invests $1,000, they anticipate a 10% return after a year. In that instance, 10% should be used as the discount rate.

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What would happen to the equilibrium price and quantity of lattés if coffee shops began using a machine that reduced the amount of labor necessary to produce them?

Answers

If the coffee shops began using a machine that reduced the amount of labor necessary to produce them then  the equilibrium price of the lattes would decrease, and the equilibrium quantity of lattes would increase.

Production of lattes requires a quite amount of labor but, when coffee machines are used for the production of  lattes, it will increase the production of lattes. Therefore when machines are used the production of lattes increases which inturn will lead to an increase in the supply of the lattes. By this the cost of producing lattes  will decrease because of lower use of labor, the supply of latte production will also increase. By this, the supply curve for latte production will be shifted towards right which will lead to a decrease in the price of lattes and an increase in the quantity of lattes.

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What soil horizon is the most important for the growth of plants (agriculture) ? what value does the 8 represent in the number 865,202? if 2^x=3^y=12^z, show 1/z=1/y+2/x 15. Which of the following is the correct electron configuration for neon (10Ne)?A. 1s 2s22pC. 184 2s2 3s2 2p?B. 1s 2s2 3s2 2p4D. 152 282 3s2p5 Consider Carmens plans.Parallel lines k and l are crossed by transversal t. Line m crosses lines t, k, and l. The angles formed by lines k, t, and m, clockwise from top left are 2, 1, blank, blank, blank (6 x + 5) degrees; formed by lines l and t are blank, (7x minus 4) degrees, blank, blank; formed by lines l and m are 48 degrees, blank, blank, blank.Carmen used her knowledge of angle relationships to find the value of x in the diagram.What is the value of x?x = 5x = 9x = 13x = 16 If a well is dug at -60 feet per day. How many days did it take to dig -5400 feet?(Answer numerically ex: 30 Days answer = 30) The base and corresponding height of a parallelogram are 75 cm and 25 cm. If the other base is 50 cm, find out its corresponding height. Danielle is designing a system to help race cars slow safely and rapidly at her local racetrack. The racetrack is a straight, 1,000-meter stretch of asphalt. Half of the track is devoted to races and the other half is designed to let cars decelerate after crossing the finish line.Danielle has designed a pair of small parachutes that are automatically released out the back of a car once it crosses the finish line. When her system works properly, the race car driver does not need to apply the brakes to bring the car to a stop before running out of track.When Danielle tests a prototype of her design, it brings a race car to a stop 275 meters behind the finish line. After taking some measurements, she decides that her design causes the driver to experience too much force. To correct this, she could A. make the parachutes larger in order to increase the drag forces on the car and bring it to a stop 200 meters after crossing the finish line. B. add a third parachute in order to increase the drag forces on the car and bring it to a stop 175 meters after crossing the finish line. C. make the parachutes smaller in order to decrease the drag forces on the car and bring it to a stop 400 meters after crossing the finish line. D. remove one of the parachutes in order to decrease the drag forces on the car and bring it to a stop 550 meters after crossing the finish line. 7/8+ (4/8-2/4) anybody know?? You roll a 6-sided die. What is P(factor of 10)? Write your answer as a percentage rounded to the nearest tenth. A certain financial services company uses surveys of adults age 18 and older to determine if personal financial fitness is changing over time. Suppose that in February 2012, a sample of 1,000 adults showed 410 indicating that their financial security was more than fair. In February 2010, a sample of 1,100 adults showed 385 indicating that their financial security was more than fair.Required:a. State the hypothesis that can be used to test for a significant difference between the population proportions for the two years?b. What is the sample proportion indicating that their financial security was more that fair in 2012?In 2010?c. Conduct the hypothesis test and compute the p-value.At a .05 level of significance what is your conclusion?d. What is the 95% confidence interval estimate of the difference between the two population proportion? What does the Parthenon mean? also, what does astrolabe mean One side, in inches, of a triangle is 5 more than twice a number. If this is an equilateraltriangle, what is the perimeter ? A fish tank, shaped as a cube, has a volume of 36 liters, or 2,197 in? What are the dimensions of the fish tank in inches? UseEach edge of the fish tank measuresin. Select the correct answer.An irregular parallelogram rotates 360 about the midpoint of its diagonal. How many times does the image of the parallelogram coincide with its preimage during the rotation?A. 2B. 4C. 6D. 8 List 2 ways of how The Battle of Okinawa was similar to the Battle of Iwo Jima In his closing argument during the Hinckley assassination trial, defense attorney Vincent Fuller sald to the jury:"First is the spring of 1976 when John Hinckley Impulsively (goes) out, abruptly sells his automobile and goes to California to become a rock star or a song writer. Unrealistic, absolutelyunrealistic. He had not had one moment of training in music. And he believed he would come on the front of Hollywood and be an instant success. Needless to say, he was a total failure and itresulted in his depression, despair, and disappointment. He made another aborted effort, I believe in 1978, where the doctors testified he went to Nashville again with great expectations of beinga rock star. Once again his hopes were dashed, because, obviously, these were unrealistic goals. Whether at that point in time they are psychotic, obviously we are not qualified to address that.You should consider that, though, in your deliberations."Evaluate Fuller's argument in terms of logos, pathos, and ethos. Use evidence from the statement to support your answer. Your response should be a minimum of five sentences. (25 points) What happened in Europe in the late 1800?Fill in the blanks to explain In the late 1800s some people became interested in the ancient______.So a few countries hosted_______. (Europeans,Olympians,medals,small competition, Roaring crowds, worldwide events) Write an inequality relating m Why is Odysseus the only one of his crew who lives through all struggles of the journey? What psychological weaknesses does Odysseus show during his journey? Is Odysseus' revenge on the men of Ithaca who occupied his home justified? Does every man deserve severe punishment?