Decades ago, developing and implementing the "right" marketing strategy was all about _________________ . In today's economy, however that emphasis has shifted to developing strategies that attract and retain customers over the long term.

Answers

Answer 1

In decades past, the development and implementation of marketing strategy was about b.creating a large number of transactions in order to maximize a firm's market share.

What was the focus of marketing strategy in the past?

Companies wanted to increase the number of sales transactions they had as they believed it would lead to a higher market share.

These days however, companies try to retain their customers over the long term so they can have a sustainable revenue base.

Options for this question are:

a.aggressive selling in order to maximize sales volume.

b.creating a large number of transactions in order to maximize a firm's market share.

c.making products of moderate quality that could be sold at the lowest price possible.

d.conducting extensive research to discover customer needs.

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Related Questions

The ____ is a private corporation owned by a consortium of commercial banks and industrial companies, but the ____ is a self-sustaining government agency formed in 1971. a.Overseas Private Investment Corporation (OPIC); Ex-Im Bank b.Overseas Private Investment Corporation (OPIC); Private Export Funding Corporation (PEFCO) c.Private Export Funding Corporation (PEFCO); Ex-Im Bank d.Private Export Funding Corporation (PEFCO); Overseas Private Investment Corporation (OPIC)

Answers

The answer choice which represents what should fill the blank spaces respectively is; Choice B; b.Overseas Private Investment Corporation (OPIC); Private Export Funding Corporation (PEFCO).

What is OPIC and PEFCO?

The Overseas Private Investment Corporation (OPIC) although aided by the government is a private corporation established in 1984 while the Private Export Funding Corporation (PEFCO) is a government agency formed in 1971.

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what is the cap rate if a building sells for $2,000,000 with an noi of $150,000?

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The cap rate if a building sells for $2,000,000 with an noi of $150,000 is 7.5%

What is cap rate?

This is the ratio of the net operating income (NOI) of a business to its current market value. Mathematically;

cap rate = NOI/market rate

Given the following

NOI = $150,000

Market value = $2,000,000

Substitute

cap rate = 150,000/2,000,000
cap rate = 0.075 = 7.5%

Hence the cap rate if a building sells for $2,000,000 with an noi of $150,000 is 7.5%

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What are the 5 Economic resources categories?

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Answer:

land, labor, capital, information, risk exposure and business reputation, Money and gas

The five economic resources categories are land, labor, capital, information, technology.

Economics is the study of how to use resources to produce products and services as effectively and efficiently as possible in order to meet consumers' needs and desires. In agriculture, the producer of goods or services could be an agribusiness firm producing a food product to meet consumer desires, or an agricultural producer growing a crop to satisfy the needs of a food processor.  A business requires resources to produce a product (a good or service), such as labour (i.e., workers), land (e.g., a building), equipment, cash (capital), and other resources.  

To summarize: in order to run a business, the manager requires resources, as well as one of the manager's responsibilities is to decide what assets to use and how to use them.

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Two common measures of the overall level of prices are.

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Two further indicators of the general level of prices are the GDP deflator and the consumer price index.

What do you mean by price level?

The price level is determined by averaging the current prices for all the goods and services produced in an economy. Price level refers to the cost or price of a good, service, or security in the market.

Price level indicators track changes over time and indicate the overall level of pricing for goods and services in an economy.

The Consumer Price Index (CPI), The GDP deflator, and Producer Price Index

is the three main price level indicators that economists and policymakers frequently cite (PPI).

Therefore, the aforementioned are some of the usual indicators of price level changes.

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from a company's viewpoint, the existence of an active, liquid, well-organised market in existing shares:

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The existence of an active, liquid, well-organized market in existing shares A. facilitates the raising of further capital in the secondary market.

What is a secondary market?

A secondary market is a securities market for the exchange of securities and assets among investors rather than with the issuing entities.

The types of secondary markets include:

Over-The-Counter MarketsStock ExchangesAuction marketsDealer markets.

Thus, from a company's viewpoint, the existence of an active, liquid, well-organized market in existing shares A. facilitates the raising of further capital in the secondary market.

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last year, high-tech electronics earned $2.00 per share. if a share of its stock is selling for $60, what is the firm's p-e ratio?

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Based on the calculation done below, the firm's p-e ratio is 30.

How do we calculate the p-e ratio?

The price-earning (p-e) ratio can be calculated using the following formula:

p-e ratio = MPS / EPS ............................................................. (1)

Where:

MPS = Market price per share = Share selling price = $60

EPS = Earning per share = $2.00

Substituting the values into equation (1), we have:

p-e ratio = $60 / $2.00 = 30

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Official permission to postpone the payments of a loan is known as a:

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Official permission to postpone the payments of a loan is known as a:

Deferment

What is a Deferment?

A deferment is an official request to postpone the payment of a loan.

When the organization is officially notified of the request to postpone the payment of the loan, they will keep the record while hoping that the debtor will honor the agreement when due.

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what do economists call the physical actions and mental activities that people contribute to the production of goods and services?

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Labor is the physical actions and mental activities that people contribute to the production of goods and services.

What is labor?

This can be used to refer to all forms of activities that a person engages in for the production of goods and services.

It is one of the factors of production and refers to tghe physical strength used in the process.

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What Economists call the physical actions and mental activities that people contribute to the production of goods and services is:

Labor

What is Labor?

Labor refers to the physical and mental exertion that employees often have to put in to produce goods and services.

In many companies, employees exert their physical strength and intelligence to sustain the smooth flow of activities. Economists call this labor.

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What is one reason that firms partner with communities to increase economic development?.

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Firms collaborate with communities to increase economic development for a variety of reasons, including the development of workplace skills.

What is  economic development?

Programs, methods, plans, policies, and actions that raise the standard of living in a country are referred to as "economic development."

The development of workplace skills contributes to economic growth by enhancing an employee's efficiency and working style. With the use of new technology, the firm has rapidly grown.

As a result, development of workplace skills to increase economic development.

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Ace Company sells merchandise to a customer in the amount of $200 on credit, terms n/30. The entry to record this sale would include a debit to the ____________ account:

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The journal entry to record the given sale of $200 on credit would include a debit to the bill receivables account.

What is a journal entry?

A systematic and chronological record of financial transactions that take place in a business organization during a given period is known as a journal entry.

Hence, the significance of journal entry is given.

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The optimal point on a production possibilities curve is achieved where Multiple Choice large amounts of capital goods are produced relative to consumer goods. each good is produced at a level where marginal benefits equal marginal costs. the smallest physical amounts of inputs are used to produce each good. large amounts of consumer goods are produced relative to capital goods.

Answers

Generally, on a production possibilities curve, the optimal point is achieved where each good is produced at a level where marginal benefits equal marginal costs.

What is an optimal point?

On a graph, this refers to the best or most favorable point on a graph curve etc

Hence, on the a production possibilities curve, the optimal point is achieved where each good is produced at a level where marginal benefits equal marginal costs.

Therefore, the Option B is correct.

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A marketing manager must decide on the size of the survey sample to be used in order to estimate the proportion of customers who are aware of her brand. She wishes to estimate this proportion to within 10 percentage points with 88% confidence. If the manager guesses that the proportion of aware customers is roughly 30%, what is the size of the sample that must be used

Answers

The size of the sample that must be used is 264. The correct sample size is 264. Read below about how to arrive at the sample size.

What is the sample size that must be used?

p′ = x / n where x represents the number of successes and n represents the sample size. The variable p′ is the sample proportion and serves as the point estimate for the true population proportion.

Then, it follows that,

p= 30/10 x 88 = 264

Therefore, the correct answer is 264.

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The scenarios each illustrate a principle of economics. classify each scenario according to the principle that best fits it. you are currently in a labeling module. turn off browse mode or quick nav, tab to items, space or enter to pick up, tab to move, space or enter to drop. on black friday, there are huge sales for electronics at many retail stores. david must decide between buying a camera at one store or a flat screen tv at another store, and buying one means losing out on the ability to purchase the other. an educational software company wants to expand the number of economics questions that it offers and is considering hiring another economist. the company compares how much adding another worker will improve the product to the additional cost. ava finds that there is not enough time after work to have dinner, exercise, and watch tv, and she must make choices about how to use her limited time.

Answers

David's decision on the electronics to purchase represents opportunity cost.

The decision to hire another economist is marginal analysis.

Ana's decision on how to use her time involves opportunity cost.

What is opportunity cost?

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. When an economic agent chooses one option, he would not be able to choose another option.

What is marginal analysis?

Marginal analysis involves comparing the marginal cost or / and the marginal benefit of a decision.

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When a profit-maximizing firm in a competitive market has zero economic profit, accounting profit Group of answer choices is negative. is at least zero. is also zero. could be positive, negative or zero

Answers

Selling the same good to various consumers at different prices is the only option when a profit-maximizing corporation in a competitive market has zero economic profit or accounting profit.

What is a profit-maximizing firm?

Operating where marginal revenue and marginal expense are equal maximizes profit for a business. According to neoclassical theory, which assumes that the price must match the marginal cost condition, a firm must maximize profit in order to decide on an output and input level.

Profits and losses are ultimately eliminated because an endless number of businesses produce uniform, infinitely divisible items.

The appropriate response is thus that there are no choices because everything is produced and sold at the same price.

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Which of the following statement is correct Group of answer choices The risk of a portfolio will be a weighted average of the risk of the individual stocks The total risk can then be broken down into market risk and systematic risk The demand for stocks by investors should depend on the stocks' individual level of risk The reduction in risk that is accomplished by combining stocks in a portfolio is called diversification

Answers

The correct statement is: the reduction in risk that is accomplished by combining stocks in a portfolio is called diversification.

What is diversification?

Diversification are strategies devised by organizations by investing or venturing to different business with the aim of reducing or eliminating exposures.

Hence, the correct statement is: the reduction in risk that is accomplished by combining stocks in a portfolio is called diversification.

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The neighbors in South Mountain Village got tired of all the drug dealing and criminal activity surrounding a shop, the Mystery Market. The community boycotted the store, which eventually closed, and with the help of local financial institutions, a social services center was added to the area. What act is this an example of

Answers

The action that the community embarked on in closing the store is called the Community Reinvestment Act.

What is a Community Reinvestment Act?

This refers to a situation where the community at large comes together to rid their society of social ills and try to make it more productive.

The people of South Mountain Village succeeded in closing the Mystery Market and then added a social services center to make the community better off.

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why indigenous technologies are better than modern technology

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Answer:

Indigenous technologies are better than modern technology because of the following reasons ;

1) It creates new employment opportunities .

2) It is much cheaper than imported technology.

3) It helps in the technological progress of developing countries which brings economic growth in nation .

4) It leads to greater encouragement for focused research.

5) It is affordable , sustainable band environment friendly.

Credit unions differ from retail banks because they are

Answers

In the finance industry, the Credit unions differ from retail banks because they are owned by their members.

What is a Credit unions?

It is a financial institution very similar to a commercial bank which is a member-owned nonprofit financial cooperative.

What is a retail banks?

It is a financial institution that offers personal banking to the general public, rather than to companies, corporations or other bank

In conclusion, the Credit unions differ from retail banks because they are owned by their members.

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Answer:

owned by members

Explanation:

did it

Mr. Kitten purchased an annuity contract for $50,000 from the XYZ Company on March 31, 2022. He is to receive $1,000 per month starting April 1, 2022, and continuing for life. He has a life expectancy of 10 years as of March 31, 2022. Mr. Kitten's reportable annuity income for 2022 is:

Answers

Mr. Kitten's reportable annuity income for 2022 is:$5,250.

Annuity income

First step

Expected return= 120 months × $1,000

Expected return=$120,000

Second step

Exclusion ratio=($50,000/$120,000)

Exclusion ratio=41.67%


Third step

(April 1-December 31= 9 months)

Annuity income=(9 months×$1,000) -[(9 months×$1,000)×41.67% ]

Annuity income=$9,000-($9,000×41.67%)

Annuity income=$9,000$3,750

Annuity income=$5,250

Therefore Mr. Kitten's reportable annuity income for 2022 is:$5,250.

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ideally, a positioning statement should identify which three things?

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The positioning statement ideally should include the three segments where the relevant information is provided.

The three things are as follows:

1) The product's unique benefits

2) The target market and need satisfied

3) The category of the firm that the product belongs to

What is a product?

A product is a article that is produced by a company/ business and is sold to consumer, at a market price.

Benefits of the product are required to be communicated to the consumer

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notes payable due in six months are reported as

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A short-term liability is a payment that is due in 12 months or less. Hence notes payable due in six months is reported as a short-term liability.

What is a liability?

In the parlance of Accounting and Finance, a Liability is a financial obligation that the company owes to individuals, or organizations with which it has transactional or legal relationship.

Hence, it is correct to indicate that notes payable due in six months is reported as a short-term liability.

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answer it please ^_^​

Answers

Answer:

after independence the government device specific rules to public and private sectors basic the strategic industries where the government and their public sector and the consumer goods industries were left to be diplomate and the private sector there were member of change in industry policy from the time to time

Explanation:

Evolution of business activities

As the new technology invented it has also an application in business . before there was no thing as e bussiness or e commerce. but not almost every person heard it somewhere. business owners tried to move their business to online to get benefits from it and it helps them to grow their business to a very extent as it provides them with lots of costumer.

so marketing is now done by customer itself.

In making the best economic choices, consumers compare the benefits of the choice to.

Answers

In making the best economic choices, consumers compare the benefits of the choice to cost.

What is economic choice?

economic choice can be regarded as the decision making by the consumer to choose the kind of product that is needed by them economically.

Therefore, the consumer usually consider the cost In making the best economic choices,  as well as the benefits.

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You have set up an appointment for an in-home sales presentation with mrs. Fernandez, who expressed interest in the medicare plans you represent. In preparation for the sales presentation, what must you do?.

Answers

Prior to conducting the presentation, obtain, and document having obtained her permission to visit, along with her interest in the specific products you will present.

What is a Sales Presentation?

Sales presentation is a meeting for giving the information about a product or service that you are trying to sell and persuade people to buy it.

In order to develop a winning sales presentation, one must have to plan and prepare a proper presentation which consists introduction, questioning, objectives etc.

The main objective of the sales presentation is to present your product or service in a professional manner.

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Many employers give employees a process and procedure through which to communicate unfair treatment. This process and procedure is known as a(n) ________ procedure.

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When any employers give employees a process and procedure through which to communicate unfair treatment. This process and procedure is known as "grievance review" procedure.

What is grievance review?

Employees may address issues relating to their employment through the Grievance Procedure, a four-step management review process, in accordance with the steps outlined in this Standard Practice Guide.

Step 1: To discuss the matter amiably with the employer.Step 2: Complain about the situation in writing.Step 3: This involves a grievance investigation.Step 4: To analyse the facts and make a conclusion, a grievance hearing might be necessary.

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Arthur's parents own a home appliances business. His parents along with his three older brothers manage the business together. They want Arthur to help with the business once he graduates. Arthur has agreed to join the family business without putting much thought into this decision. In this scenario, Arthur is in the status of identity referred to as Group of answer choices identity diffusion.

Answers

Arthur is in the status of identity referred to as identity foreclosure.

What is Identity foreclosure?

Identity foreclosure can be defined as the stage of self or identity discovery in which a young person identify what they are capable of doing but they are yet to experience other available options.

Hence, he agreed to join the family business without thinking about his decision because he is in identity foreclosure stage.

Therefore Arthur is in the status of identity referred to as identity foreclosure.

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Economists convert costs and benefits into money equivalents by evaluating an individual's willingness to pay. opportunity costs. marginal benefits. sunk costs.

Answers

The correct option is (a) willingness to pay.

Comparing the anticipated or predicted costs and benefits (or opportunities) connected with a project choice in order to assess whether it makes sense from a business standpoint is known as a cost-benefit analysis.The maximum sum of money a consumer will spend on an additional commodity or service is known as the marginal benefit. As spending rises, customer contentment tends to decline. The difference in price caused by producing an extra unit of a good or service is known as the marginal cost.

What is economic benefit?

Economic benefits are defined as concrete advantages that can be quantified in terms of money saved or income earned as a result of the application of policies.

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What cortex is the decision-making and planning center of consciousness

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Prefrontal cortex is the decision-making and planning center of consciousness.

What is prefrontal cortex?

The prefrontal cortex is said to be the seat of planning.

The cortex is a part of the brain which is the control of all mind activity. The prefrontal is located at the front of the brain and it helps planning of activities.

Therefore, prefrontal cortex is the decision-making and planning center of consciousness.

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Your company is launching several new video game modules, with a separate display ad for each console. Management wants to make sure the ad leading to the most purchases shows more often than the ads not performing as well. To achieve this goal, which type of display creative optimization would you use

Answers

Optimize for conversions is a type of display creative optimization.

What is video in-game advertisement?

Whether it's on social media or in video games, video is a crucial format for digital advertising. What users want to experience now is excellent for a dynamic, captivating video.

An object called an ad creative is made up of all the information needed to graphically generate the actual ad. The goal of conversion optimization is to increase the proportion of visitors who take the desired action on a website.

Hence, the significance of the video game is aforementioned.

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Progressive’s addition of a mobile app, which allows customers to start photo estimates for insurance claims, was likely created because progressive marketers noticed a change in _______.

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Because the progressive marketers noticed a change in the technological environment, the firm decided to create a mobile app that allows customers to start photo estimates for insurance claims.

What is a technological environment?

This have to do with a firm external environment that is related to its developments and changes in technology.

Here, the change in the technological environment birthed the firm decision to create a mobile app that allows customers to start photo estimates for insurance claims.

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Other Questions
(07.01) A bacteria culture begins with 4 bacteria which double in size every hour. How many bacteria exist in the culture after 8 hours? Which number produces a rational number when added to 1/2? l'articlelunnettespantalon professeurepaysplantesLivrerobeStylojournalhospitalanaigneecuisinehommescahierschienbouteillejupevoiturecrayontable The bagel data also reflect how much personal mood seems to affect honesty. Weather, for instance, is a major factor. Unseasonably pleasant weather inspires people to pay at a higher rate. Unseasonably cold weather, meanwhile, makes people cheat prolifically; so do heavy rain and wind. Worst are the holidays. The week of Christmas produces a 2 percent drop in payment ratesagain, a 15 percent increase in theft, an effect on the same magnitude, in reverse, as that of 9/11. Thanksgiving is nearly as bad; the week of Valentines Day is also lousy, as is the week straddling April 15. There are, however, a few good holidays: the weeks that include the Fourth of July, Labor Day, and Columbus Day. The difference in the two sets of holidays? The low-cheating holidays represent little more than an extra day off from work. The high-cheating holidays are fraught with miscellaneous anxieties and the high expectations of loved ones.Based on the excerpt, the conclusion that personal mood seems to affect honesty is best supported by which of the following statements?Relaxing summer and fall holidays generally cause payment rates to drop.Stressful fall and winter holidays generally cause payment rates to drop.Relaxing summer and fall holidays generally cause theft rates to increase.Stressful fall and winter holidays generally cause theft rates to remain steady. if the first term is -2 and the rule is multiply by 6 and then subtract 13 whats the 3rd term Read the excerpts from The Red Badge of Courage. In the first excerpt, Henry Fleming is fighting in his first battle. In the second excerpt, Henry is deserting his regiment.Excerpt 1:Perspiration streamed down the youths face, which was soiled like that of a weeping urchin. He frequently, with a nervous movement, wiped his eyes with his coat sleeve. His mouth was still a little ways open.He got the one glance at the foe-swarming field in front of him, and instantly ceased to debate the question of his piece being loaded. Before he was ready to beginbefore he had announced to himself that he was about to fighthe threw the obedient well-balanced rifle into position and fired a first wild shot. Directly he was working at his weapon like an automatic affair.Excerpt 2:To the youth it was an onslaught of redoubtable dragons. He became like the man who lost his legs at the approach of the red and green monster. He waited in a sort of a horrified, listening attitude. He seemed to shut his eyes and wait to be gobbled.A man near him who up to this time had been working feverishly at his rifle suddenly stopped and ran with howls. A lad whose face had borne an expression of exalted courage, the majesty of he who dares give his life, was, at an instant, smitten abject. He blanched like one who has come to the edge of a cliff at midnight and is suddenly made aware. There was a revelation. He, too, threw down his gun and fled. There was no shame in his face. He ran like a rabbit.Others began to scamper away through the smoke. The youth turned his head, shaken from his trance by this movement as if the regiment was leaving him behind. He saw the few fleeting forms.Which quotation shows the effect of Henrys changed perspective?Perspiration streamed down the youths face, which was soiled like that of a weeping urchin.. . . he threw the obedient well-balanced rifle into position and fired a first wild shot.He blanched like one who has come to the edge of a cliff at midnight and is suddenly made aware.The youth turned his head, shaken from his trance by this movement as if the regiment was leaving him behind. What complex number is represented by the polar coordinates (4, -pi/4) Jose paid $1.12 for a dozen eggs at his local grocery store. Determine the cost of 18 eggs. Which of the following actions would be an acceptable response by the Federal Reserve to an economic downturn?O Decrease the reserve requirementO Increase the reserve requirementRaise the discount rateSell government securities 6. Which of the following is a way of writing that stresses simplicity and clarify of expression?metaphorical writingPuritan Plain Styledramapoetry Which of the following are themes in the novel The Autobiography of an Ex-Colored Man ?Select all that apply.identitymasculinitydiversityprideracism How do you write a proof for this What are the domain and range of an exponential parent function?Help please Read the excerpt from "Choice: A Tribute to Dr. MartinLuther King, Jr." by Alice Walker.The public acts of Dr. King you know. They are visibleall around you. His voice you would recognize soonerthan any other voice you have heard in this century-this in spite of the fact that certain municipal libraries,like the one in downtown Jackson, do not carryrecordings of his speeches, and the librarians chucklecruelly when asked why they do not.Mark this and returnWhat is the effect of the rhetorical appeal in thisexcerpt?OIt accuses the reader of not being familiar withKing's work.OIt asks the reader to question why King is notrespected as a leader.OIt explains why people have not heard famousspeeches.It questions the knowledge of the people who workin libraries. In the 1789 reading by olaudah equiano, he stated that in slave sales, little effort was made to keep infant children together with their mothers. Which best describes the range of the function #(x) = 2(3)x? O y>0 O y0 O y = 2 O y2 evaluate 7/8+1/46/7 Find p and q if, 3 1 /3 +1 = p + q3 The number of DVDs in a random person's home collection is counted for a sample population of 80 people. The mean of the sample is 52 movies, the entire population is known to have a standard deviation of 12 movies. Assuming a 99% confidence level, find the margin of error. A) 59.4671 B) 2.6296 C) 38.6536 D) 3.4547 can someone please help meee