For what purpose are goods and service produced in a socialist economy

Answers

Answer 1

Answer: The options are missing from the question,the options are;

A) Profits

B) Their usefulness

C) To create demands

D) To meet all consumer needs.

The correct answer to the question is option D

In a capitalist economy,goods and services are being produced for the sole aim of making profits and to accumulate capital, but when we talk about the SOCIALIST ECONOMY,it differs from the capitalist economy and the sole aim is different.

Socialist economy employs a technique known as usage value in the meeting of the needs and wants of the people, this prevents the over production or under production of goods and services based on their rewards and usage.

In socialist economy,goods are services are produced and those goods and services are made directly accessible to the people that is the masses. A scarce economic resources in a socialist economy are being utilized judiciously inorder to meet the needs of the consumers and make them satisfied in every way possible.


Related Questions

Initial Outlay $ -8,000,000.00 Inflow year 1 1,020,000.00 Inflow year 2 1,850,000.00 Inflow year 3 1,960,000.00 Inflow year 4 2,370,000.00 Inflow year 5 2,550,000.00 WACC

Answers

Answer:

The answer is 6.151%

Explanation:

The weighted average cost of capital (WACC) of the project is also the internal rate of return (IRR). The IRR formula is calculated by equating the sum of the present value of future cash flow less the initial investment to zero.

Discuss how a minor change in demand at the retail level can significantly impact supply chain variation at distributors, manufacturers, and suppliers.

Answers

Answer:

The changes in the demand do mean that the demand could be increased or decrease for the need for the product and the services by the suppliers.

Explanation:

The minor changes in retail development can cause the bullwhip effect at the entire chain supply. The demand for the forecast at the retail level does not seem accurate always.

Thus all the organizations used some safety tools for some of the stock because of the fluctuation in the demand of the product. When demands get fluctuate, the capabilities of the safety stock that is reserved for the distributors to get offset to the manufacturer.

This burden is shared with the suppliers. But at each stage of the process, the demand exponentially increased.

A minor change in demand at the retail level can significantly impact

supply chain variation at distributors, manufacturers, and suppliers.

The number of goods produced by industries are as a result of the market

survey ,speculations and demand .

When there is a change such as low demand then the goods produced will

be reduced to avoid spoilage and when demand increases, goods produced also increases.

Read more on https://brainly.com/question/16868534

Elizabeth's minimum monthly payment on her credit card is the higher of 2.5%
or $12. If her balance at the end of the month is $5800, what is the minimum
amount Elizabeth must pay to keep her account in good standing?
O A. $25
O B. $12
OC. $45
O D. $580

Answers

Answer:

$145

Explanation:

Minimum monthly payment at the rate of 2.5%

= 2.5/100 × $5,800

=$145

Between $12 & $145,

$145 is higher hence will be the minimum amount Elizabeth must pay to keep her account in good standing.

ELO Corporation purchased a patent for $135,000 on September 1, 2019. It had a useful life of 10 years. On January 1, 2021, ELO spent $33,000 to successfully defend the patent in a lawsuit. ELO feels that as of that date, the remaining useful life is 5 years. What amount should be reported for patent amortization expense for 2021

Answers

Answer: $30,000

Explanation:

Amortization from September 1, 2019 - January 1, 2021 :

September 1, - december 31 = 4/12 = 0.333333

(1 + 0.333333) × (135000 × 10) = $18,000

Value left before patent defense :

$(135,000 - 18,000) = $117,000

Amount reported for patent amortization expense 2021:

$(117,000 + 33,000) ÷ 5

$150,000 ÷ 5 = $30,000

Why do most businesses fail in their first year?
A. Lack of trained employees B. Lack of planning
C. Poor choice of location
D. Lack of interest

Answers

The reason that most businesses fail in their first year is B. Lack of planning.

What is a business plan?

A business plan has been defined as is a detailed formal written document, which startups and other businesses use to define their business goals, the methods for attaining those goals (from the marketing, financial, and operational point of view), and the time-frame for their achievement.

It may not be lack of trained employees, poor choice of location, or lack of interest, but it usually starts with lack of planning.

Thus, the reason for business failures in the first year is Option B.

Learn more about business failures at https://brainly.com/question/19146345

The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31:



Amount
Sales $ 1,260,000
Selling price per pair of skis $ 450
Variable selling expense per pair of skis $ 50
Variable administrative expense per pair of skis $ 19
Total fixed selling expense $ 155,000
Total fixed administrative expense $ 105,000
Beginning merchandise inventory $ 70,000
Ending merchandise inventory $ 105,000
Merchandise purchases $ 285,000


Required:

1. Prepare a traditional income statement for the quarter ended March 31.

2. Prepare a contribution format income statement for the quarter ended March 31.

3. What was the contribution margin per unit?

Answers

Answer:

Refer to the below explanation

Explanation:

1. Traditional income statement.

Revenue $1,260,000

Cost of goods sold = Beginning inventory + purchases - Ending inventory

= $70,000 + $285,000 - $105,000

=$ 250,000

Gross profit= Sales - cost of goods sold

= $1,260,000 - $250,000

=$1,010,000

Administrative expenses = $19 × ($1,260,000/450) + $105,000

= $158,200

Selling expenses = $50 × ($1,260,000/450) + $155,000

=$295,000

EBITDA = $556,800

2. Contribution margin statement

Sales. = $1,260,000

Less

Total Variable cost:

Cost of goods sold =$250,000

Variable selling exp.

2800 × $50=$140,000

Administrative exp.

2800 × $19=$53,200

Total variable cost. =$56,800

Contribution margin =$1,203,200

Less

Total Fixed costs:

Selling expenses =$155,000

Administrative expenses=$105,000

Total fixed cost =$260,000

Net profit. = $943,200

3. Contribution margin per ratio

= Contribution margin / Quantity

=$1,203,200 / 2,800

=$430

Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. The portfolio's beta is 1.25. Now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. What would the portfolio's new beta be? Do not round your intermediate calculations.

Answers

Answer:

1.31

Explanation:

Portfolio's new beta.

New beta = weight * change in beta

Weight = 0.125

Change in beta=(1.55-1)

Hence:

=.125 * (1.55 – 1)

=.125*0.55

= 0.06875

Hence:

1.25 + .06875

= 1.31

Chen is listing questions to help him evaluate his career choice of French language translator. Which question would best help him think critically about his career choice?

Answers

Answer:

This question is incomplete, it misses the options. The optiones are the following:

A. Which countries in the world have French as their first language? B. How much will it cost to train for this career choice? C. Which language other than French is beneficial to learn? D. Is translation a career that many people respect?

And the correct answer is the option B: how much will it cost to train for this career choice?

Explanation:

To begin with, the fact that the second question is the one that will best help him in order to think critically about his career choice is that because he needs to now how much will he need in order to learn that career and if the costs will be worth it in the case of choosing it and for that he will need to compare the costs with the approximates benefits that he will have in the future. That is why, Chen needs to questions himself if the costs will be worth it.

Carolina Insurance Company is considering the purchase of a fire insurance company. The fire insurance company has a beta of 2.5. If the risk-free rate is 8 percent and the market risk premium is 6 percent, the required rate of return that should be used to evaluate the insurance company is _____.

Answers

Answer: 23%

Explanation:

Given the following :

Risk free rate = 8%

Market risk premium = 6%

Beta value of fore insurance company = 2.5

Required rate of return that should be used in evaluating the company can be calculated thus :

Risk-free rate + [Beta × market risk premium]

8% + [2.5 × 6%]

8% + (15%)

8% + 15%

= 23%

Therefore, the required rate of return that should be used in evaluating the insurance company is 23%.

Suppose there are only three people in the economy: jane, harry, and bob. the individual demand for corn for each of these consumers is given in exhibit 3-1. the total quantity demanded of corn if the market price is $5 is ____.

Answers

Answer:

$25

Explanation:

Please check the attached image for a diagram of exhibit 3-1

The total quantity demanded can be found by adding the sum of the quantity demanded at $5.

Jane doesn't demand at $5, so her quantity demanded is 0

For Henry it is 8

For Bob, it is 17

Total quantity demanded ia 25

I hope my answer helps you

Name three operations for which a Department of Human Resources would be responsible.

Answers

Answer:

Human resource departments are responsible for activities spanning a wide variety of core functions. In short, human resource activities fall under the following five core functions: staffing, development, compensation, safety and health, and employee and labor relations.

i think tone of the things they fall under is staffing

In case of normal goods, demand curve shows a) Negative slopes b) positive slopes c) Zero slopes d) none of these

Answers

Answer:

a. Negative slopes

Explanation:

A negative slopes indicate that there exist a negative relationship between price and quantity demanded of a particular good. This means that when price falls, more units of goods will be purchased by the consumer and vice versa.

A normal good is a type of good whose demand increases as a result of increase in consumer's income. In other words, the higher the income, the higher the quantity demanded of such good by the consumer and vice versa.

It follows that when there is an increase in wage or income of a consumer , more goods will be purchased by them except if there is an increase in the price of such good . When there is price increase for such good, consumer will switch to a substitute good.

Mario was surprised that the box that was supposed to tell him how many words he used in his document did not appear after the spelling and grammar check of his document was complete. Which step did Mario forget to do in Word’s Options dialog box?

Answers

Answer:

He forgot to tick 'Show readability statistics' in the Word's Option dialog box

Explanation:

Mario did a typing work using Microsoft word; he typed in the Word interface. Having finished typing the document, Mario used the 'spelling and grammar check' tool to ensure his document had no errors; the 'spelling and grammar' tool ensures that the document obeys the rules of lexis and structure of the language used in typing the document. The tool corrects typographical, grammatical & lexical errors. After having run the error check for spelling and grammar, a dialog box ought to open in the Word interface giving a summary of the corrections made. However, Mario did not  get this dialog box. Herein is his dilemma.

Mario omitted a step in his proofreading work and that's why the dialog box did not pop-up. Mario can rectify his omission by following these steps:

I. Click on the 'File' tab from the menu bar

II. Click on 'Options' under the File tab

III. An interface opens, click on 'Proofing' menu

IV. Navigate to the heading 'When correcting spelling and grammar in Word'

V. Tick the box 'Show readability statistics'

When Mario follows this procedure, the box will open up after the spelling and grammar check giving him the summary of his document (the number of words used etc.). Mario forgot to enable/tick the 'Show readability statistics' in the Word's Option dialog box

Answer: D

Click the show the readability statistics option.

Explanation:

Hope this helps!!

.. If two variables have a direct relationship on a graph, it indicates that
A. both variables are not related.
B. as one variable rises, the other variable falls.
C. both variables are moving in the same direction.
D. as one variable rises, the other variable is constant.

Answers

Answer:

Option C. Both variables are moving in the same direction.

Explanation:

The reason is that in the direct relationship, the variables move in the same direction which means if one of the variable increases then the other will also increase and vice versa. So the only option that satisfies this condition is option C.

How can a good credit score help you?

Answers

. By maintaining a strong credit rating you will usually qualify for the most competitive interest rate and you will also pay a decreased finance fee on loans and credit balances. Having a great credit score will also give you a much higher chance for loan and credit card approval.

what are the management training methods​

Answers

Answer:

Find answers in the explanation below

Explanation:

management training can be defined as a training activity or process that is aimed at improving the individual skills of employees as both a leader and a manager. In doing this, communication among other things is emphasized to enable individuals work in teams as well as have cordial relationships with other workers in a team and as a superior.

Management training methods include on-the-job training, job rotation and job mentoring. All of this methods have its pros and cons.

On-the-job training is a type of training that occurs in the place of work. It helps to brings employees to terms with the environment in which they'd be working. It teaches skills needed to perform a specific task.

Job rotation on the other hand implies the movement of employees between different job areas at certain time intervals to expose them to different aspects of the work environment.

Job mentoring refers simply to the putting through of an employee by a senior colleague or mentor through the process and skills required to perform certain tasks and ocupy certain positions. It mostly a one-on-one training.

Cheers.

how do you find tax liability?

Answers

Answer:

Find answer in the explanation below

Explanation:

Tax liability can be defined as the total amount of taxes an individual, corporation, company, etc owes a tax authority or service at a given period of time.

The Internal Revenue Service is responsible for the taxation and collection of taxes from individuals to multinationals.

tax liability can also simply be said to be the amount in taxes that is owed the government individuals downs to multinationals.

Tax liability can be found or derived from taxable incomes. This is started by deducting taxable income - tax deductions = gross tax liability

gross tax liabilty - tax credits = tax liability.

Cheers.

Brian is studying the lml process. He is learning about the connection between the brain and mind and is conceptualizing it in a specific sequence. The correct sequence is

Answers

Correct/Complete Question:

Brian is studying the LML Process. He is learning about the connection between the brain and mind and is conceptualizing it in a specific sequence. The correct sequence is __________.

A. mind, brain–mind interface, stimuli, brain

B. stimuli, brain–mind interface, brain, mind

C. brain–mind interface, stimuli, mind

D. stimuli, brain, brain–mind interface, mind

Answer:

D. stimuli, brain, brain–mind interface, mind

Explanation:

The LML process, abbreviation for the Let Me Learn process is a learning process that suggests how learning stimuli pass through filters as the stimuli moves from the brain to the mind.

The sifting of this stimuli gives rise to the functions that are known as Patterns of Operation. This refers to the mode and way through which we learn and do things.

According to the question, the correct sequence for the conceptualization of the connection between the brain and mind is stimuli to brain to brain-mind interface to mind.

This means that when humans are learning, the first thing is registering the new thing as stimuli and passing it to the brain; thereafter which it is passed to the brain-mind interface and finally the mind where it sticks.

Cheers.

What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for a 401(k) -the contributions an employer will make to an IRA -the ideal age to establish a particular retirement plan -the amount an investor is allowed to contribute annually -the tax laws and breaks related to different retirement plans -the amount that can be withdrawn early without getting taxed

Answers

In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.

Correct option is A, C, D and E.

1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement  is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.  

3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.

4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.

5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.

To know more about retirement, refer to the link:

https://brainly.com/question/13745337

Answer:

A,C,D,E

Explanation:

I did it and this was correct.

What is “bootstrapping?”

Answers

get (oneself or something) into or out of a situation using existing resources.

What is savings?, How can you save in a bank? And why is it important?

Answers

Explanation:

Savings are the money one has saved, especially through a bank or official scheme.

You can save in a bank by frequently depositing money into a bank account.

Savings are important for the availability of money during emergencies or to avoid going into debt to pay for your necessities.

En algunos países es obligatorio que los automóviles de determinado consumo sean aptos para surtirse de gasolina sin plomo..." ¿Qué secuencia de hechos viene inmediatamente después de ésta?

Answers

Explanation:

Como el plomo es altamente contaminante la union europea establecio algunas leyes para que no se siguiera permitiendo el uso de gasolina con plomo, pero tendria que hacersen algunos cambios en cuanto a la constitucion de algunos automoviles,y en sus catalizadores,pero todo ello depende de la gama del vehiculo,el modelo y el motor,,por lo tanto los vehiculos que se utilicen para determinado consumo deben cumplir con los requisitos previos para funcionar de acuerdo con la norma de gasolina sin plomo,pues de no acatar las normas establecidas,podrian ser sancionados.

HELP!!
Which of these is defined by a general rise in the prices of goods and services
over a specific time?
A. Inflation
B. Recession
C. Disinflation
D. Stagnation

Answers

Answer:

A

Explanation:

Inflation is the rate of increase in price over the given time period. When the price of good, energy, fuel, commodities and other good and service rise it will affect the entire economy of any state.

prove that the points (- 6 - 8) (- 16 12) and( - 26 - 18) are the vertices of an isosceles right angled triangle​

Answers

Answer:

The answer is "True".

Explanation:

Given points:

[tex]A= (-6,-8)\\B=(-16, 12)\\C=(-26, -18)\\[/tex]

Condition of the right-angle triangle is: [tex]\bold{AC^2= AB^2+BC^2}[/tex]

Formula to find length:

[tex]Length= \sqrt{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]

[tex]AC = (-6,-8)(-26,-18)\\\\x_1= -6 \ \ y_1=-8 \ \ \ and \ \ \ x_2=-26 \ \ y_2=-18\\[/tex]

[tex]\Rightarrow AC= \sqrt{(-26-(-6))^2+(-18-(-8))^2}\\\\\Rightarrow AC= \sqrt{(-26+6))^2+(-18+8))^2}\\\\\Rightarrow AC= \sqrt{(-20))^2+(-10))^2}\\\\\Rightarrow AC= \sqrt{400+100}\\\\\Rightarrow AC= \sqrt{500}\\\\[/tex]

[tex]AB = (-6,-8)(-16,12)\\\\x_1= -6 \ \ y_1=-8 \ \ \ and \ \ \ x_2=-16 \ \ y_2=12\\[/tex]

[tex]\Rightarrow AB= \sqrt{(-16-(-6))^2+(12-(-8))^2}\\\\\Rightarrow AB= \sqrt{(-16+6))^2+(12+8))^2}\\\\\Rightarrow AB= \sqrt{(-10))^2+(20))^2}\\\\\Rightarrow AB= \sqrt{100+400}\\\\\Rightarrow AB= \sqrt{500}\\\\[/tex]

[tex]BC = (-16,12)(-26,-18)\\\\x_1= -16 \ \ y_1=12 \ \ \ and \ \ \ x_2=-26 \ \ y_2=-18\\[/tex]

[tex]\Rightarrow BC= \sqrt{(-26-(-16))^2+(-18-12)^2}\\\\\Rightarrow BC= \sqrt{(-26+16))^2+(-30)^2}\\\\\Rightarrow BC= \sqrt{(-10)^2+(-30)^2}\\\\\Rightarrow BC= \sqrt{100+900}\\\\\Rightarrow BC= \sqrt{1000}\\\\[/tex]

[tex]\Rightarrow {AC^2= AB^2+BC^2}\\\\\Rightarrow (\sqrt{1000})^2= (\sqrt{500+500})^2\\\\\Rightarrow 1000=1000\\[/tex]

The angle is right-angled triangle

A private university charges the same tuition for both in-state and out-of-state students, and it notices that in-state and out-of-state students seem to respond differently to tuition changes. The quantity demanded for in-state and out-of-state students at different tuition levels is provided below. Tuition Quantity demanded (in-state applicants) Quantity demanded (out-of-state applicants) $10,000 6,000 12,000 $15,000 5,000 9,000 $20,000 4,000 6,000 $30,000 3,000 3,000 As the price of tuition rises from $20000 to $30000, the price elasticity of demand for tuition for out-of-state applicants is _____ elastic than it is for in-state applicants. Choose one: A. more B. less Part 2 (2 points) What is the in-state elasticity and the out-of-state elasticity? Give your answer to two decimals. In state:

Answers

Answer:

1.) As the price of tuition rises from $20000 to $30000, the price elasticity of demand for tuition for out-of-state applicants is more elastic than for in-state applicants.

2) in-state = 0.5; out-of -state = 1

Explanation:

Given the following :

Tuition Quantity demanded (in-state applicants) Quantity demanded (out-of-state applicants) $10,000 6,000 12,000 $15,000 5,000 9,000 $20,000 4,000 6,000 $30,000 3,000 3,000

Elasticity of demand = (percentage change in quantity demanded / percentage change in price)

% change in quantity demanded :

(Quantity change / Initial quantity) × 100%

[(Q2 - Q1) / Q1] × 100%

%change in price :

[(P2 - P1) / P1] × 100%

As tuition rises from $20000 to $30000

In state applicants :

%change in price :

[(P2 - P1) / P1] × 100%

[ (30000 - 20000) / 20000) × 100%

((10000)/ 20000) × 100%

= 50%

% change in quantity demanded :

(Quantity change / Initial quantity) × 100%

[(Q2 - Q1) / Q1] × 100%

Decrease in quantity demanded

[(3000 - 4000) / 4000] × 100%

(-1000/4000) × 100% = 25%

Elasticity of demand = 25% / 50% = 0.5

Out - Of - State applicants :

% change in price from $20,000 to $50,000 = 50%

% change in quantity demanded :

Demand decrease from 6000 to 3000

[(3000 - 6000) / 6000) × 100%

(3000 / 6000) × 100%

(1/2) × 100% = 50%

Elasticity of demand = 50% / 50% = 1

The Upper Tier has a current debt-equity ratio of .52 and a target debt-equity ratio of .45. The cost of floating equity is 9.5 percent and the flotation cost of debt is 6.6 percent. What should the firm use as their weighted average flotation cost?

Answers

Answer: 8.60%

Explanation:

Given the following :

Current debt-equity ratio = 0.52

Target debt-equity ratio = 0.45

Cost of floating equity = 9.5%

Floatation cost of debt = 6.6%

The Weighted average cost is calculated by finding the Weighted average cost of both debt and equity.

1 + 0.45 = 1.45

Weight of debt= 0.45/ 1.45 =0.31034

Weight * cost of debt

0.31034 × 6.6% = 2.0482758

Weight of equity = 1/1.45 = 0.6896551

Weight * cost of equity

0.6896551 × 9.5% = 6.5517241

Sum of both

(6.55 + 2.05) % = 8.60%

What is the “marketing mix?”

Answers

Answer:

See below

Explanation:

Short Form:

A mixture of influences that a business can monitor to persuade customers to purchase its goods.

Definition in my own words:

The marketing mix relates to the collection of steps or strategies employed to sell the brand or commodity on the market by an company.

Hope this helps.

Solomon breaches his contract with Neal to purchase the 500 pairs of socks he had promised to buy. Neal is able to sell the 500 pairs to Renny for a much lower amount. Neal then sues Solomon for dam-ages. Neal will be able to recover:a.the amount in the liquidated damages clause.b.the difference between Solomon's contract price and the amount paid by Renny.c.Solomon's contract price.d.an amount which depends on whether Solomon intentionally breached because he found cheaper socks somewhere else.

Answers

Answer:

b. the difference between Solomon's contract price and the amount paid by Renny

Explanation:

Neal sues Solomon for damages as Solomon breaches his contract with Neal to purchase the 500 pairs of socks from him. Although he can sell the 500 pairs to Renny even then he was in loss only as he sells socks to Renny at a lower amount then it's actual cost.

In this case, Neal will be able to recover the difference between Solomon's contract price and the amount paid by Renny.

pls help me I need it so pls Help me with this!

Answers

Answer:

list things like your goal for that certain class or what grade you want to achieve or what kind of school work you like doing in certain classes

Explanation:

In general, ____ parking spaces are easier to maneuver. A. parallel B. straight-in C. hill D. angle

Answers

Answer: angle

Explanation:

just took it

Answer:

D

Explanation:

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For how many miles did he drive the truck? b) On one rectangular coordinate system, show approximate radian values for one circle, aswell as the degree values for every 1/8 of one circle. (2 pts.) Which is a step in making and checking predictions while reading?listing characters and their personality traitsconnecting clues to ackground knowledgeinterpreting symbols within figurative languageO identifying setting and plot in the literature The school board has approved the addition of a new sports team at your school.The district ordered 30 team uniforms and received a bill for $2,992.50. The total included a 5% discount.a. The school needs to place another order for two more uniforms. The company said the discount will notapply because the discount only applies to orders of $1,000 or more. How much will the two uniformscost? Which was proposed as part of the Wilmot Proviso?A. Congress would allow slavery in those territories acquired as a result of the Mexican- American War only if slavery already existed there.B. Congress would allow slavery in all territory acquired by the U.S. as a result of the Mexican-American War.C. The Missouri Compromise would be extended to apply to all territory acquired as a result of the Mexican-American War.D. Congress would ban slavery in all territory acquired by the U.S. as a result of the Mexican-American War. eCompeteUSA is a competitive video gaming tournament company headquartered in Palo Alto, California. Video game tournaments are organized competitions where multiplayer video games are played for cash prizes of up to $500,000. Gamers and fans are flocking to tournaments both in-person and virtually. Recently, an eSports tournament housed at the Staples Center sold out in under an hour, which surprised even industry insiders. PLEASE HELP!!!You are single.You make $40,000 a year.Your total adjustments are $0.Your exemption is $3650.What is your taxable income? One year ago, you purchased a newly-issued TIPS bond that has a 6% coupon rate, five years to maturity, and a par value of $1,000. The average inflation rate over the year was 4.2%. What is the amount of the coupon payment you will receive, and what is the current face value of the bond Propane burns in oxygen to produce carbondioxide and water. What are the chemicalformulas of the reactants and products?The formulas of the reactants are C3H8, O,and CO2. The formula of the product is H20.The formulas of the reactants are C3Hg andO2. The formulas of the products are CO andH20.The formulas of the reactants are C3Hg and02. The formulas of the products are CO2and H20. Graphic DesignWorks purchased $8000 worth of office furniture in 2005.According to the MACRS table, how much money can they deduct from theirexpenses in the first year?O A. $571.60B. $1429.00C. $1245.40O D. $1143.20 1 PointWhat energy conversion in your body enables you to get out of bed in themorning?O A. Chemical energy to kinetic energyO B. Kinetic energy to potential energyO C. Chemical energy to heat energyO D. Heat energy to kinetic energySUBMIT A _____________ is the information sent to a function in python