Sunscreen and beach towels are complementary goods. If the price of sunscreen increases, ceteris paribus, the quantity demanded of beach towels will decrease for every possible price.
Complementary goods are products or services that people use together. For example, automobiles and gasoline, as well as hot dogs and buns, are complementary goods. When two or more goods are complementary, an increase or decrease in the price of one will result in an opposite movement in the demand for the other good.
Given that sunscreen and beach towels are complementary goods. Thus, if the price of sunscreen increases, the quantity demanded of beach towels will decrease for every possible price. The key here is that the increase in the price of sunscreen, with all other things constant, causes the quantity demanded of beach towels to fall. This is because the two goods are complementary; sunscreen is usually used with beach towels.The price of sunscreen has a direct effect on the demand for beach towels, but not the other way around. This is why option 3, which states that the quantity demanded of beach towels will decrease for every possible price, is the correct answer. The demand curve for beach towels shifts to the left, indicating that people demand less of it at every possible price as a result of the increase in sunscreen prices.
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what is the importance of market management
Answer:
it helps to stand competent in highly thriving competition in the market.
Explanation:
Please give me a 1 star if I'm wrong
Answer:
Marketing management is of importance as it helps to stand competent in highly thriving competition in the market. This also helps to develop strategies to improve profits and reduce the cost of products. Marketing management has become the major source of exchange and transfer of goods.
Explanation:
Hope it helps :)
Х
A(n)
strategy addresses organizational weaknesses, helps stabilize operations, and revitalizes organizational resources and capabilities.
O A. unrelated diversification
o B. horizontal integration
C. vertical integration
D. retrenchment
if i get 16 brainlest ill give u guys 136 points
Answer:
you get brainlyist by answering questions. not making them
Answer:
ill give u brainlest tete
Explanation:
"suppose the price of movies seen at a theater rises from $12 per couple to $20 per couple. the theater manager observes that the rise in price causes attendance at a given movie to fall from 300 persons to 200 persons. what is the arc price elasticity of demand for movies?"
Arc Price Elasticity of Demand = (200 - 300) / (200 + 300) / (20 - 12) / (20 + 12) = -1 / 500 / 8 / 32 = -1/4. As a result, the arc price elasticity of demand for films is -1/4.
What is arc price elasticity of demand?The arc price elasticity of demand measures how responsive the quantity required is to price fluctuations. It is estimated by dividing the percent change in quantity needed by the price change. A high arc price elasticity of demand suggests that demand is price sensitive, whereas a low arc price elasticity of demand shows that demand is less price sensitive. This knowledge is essential for businesses when setting product prices since it helps them understand how price changes affect demand. A product with a high arc price elasticity of demand is more sensitive to price changes, whereas a product with a low arc price elasticity of demand is less sensitive to price changes. This information can assist firms establish prices for their products since it helps them understand how price changes affect demand.
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1.increasing the temperature increases the rate of a reaction by dissolution of solid in liquid.
2.Tyndall effect is the ability of homogeneous mixtures to scatter light
Answer:
1. For many solids dissolved in liquid water, the solubility increases with temperature. The increase in kinetic energy that comes with higher temperatures allows the solvent molecules to more effectively break apart the solute molecules that are held together by intermolecular attractions.
2. The Tyndall Effect is the effect of light scattering in colloidal dispersion, while showing no light in a true solution. This effect is used to determine whether a mixture is a true solution or a colloid.
PLS HELP!! Explain the Interest-Based Relational (IBR) Approach.
Answer: See explanation
Explanation:
In conflict resolution, the Interest-based Relational (IBR) approach is used to resolve conflict or issues while a personal relationship that is positive is still being maintained.
For the interest based relational approach, conflict is resolved through active listening and carefully analysing the issues involved. Such conflict is resolved by being non-confrontational and the point of view of everyone involved is listened to.
Elle is in high school and wants to have job until she graduates. Which job would she be most qualified for until she graduates high school?
O Purchasing Agent
O Cashier
O Sales Agent
O Interviewer
First of all we should understand the nature of job of Purchasing Agent, Cashier, Sales Agent and an Interviewer to decide which option should Elle would be most qualified for until she graduates high school.
Who is a Purchasing Agent?The persons who buy the parts and materials that help in the production of goods are called purchasing agents or purchasers.
Buyers and purchasing agents review the history and quality of the suppliers before making the purchase. They should be qualified enough to consider price, quality, availability, reliability, and technical support when choosing suppliers and merchandise.
Who is a Cashier?A cashier is a person who handles the cash register at various locations such as the point of sale in places such as shops or banks.
He is also known as teller, accountant, clerk, treasurer. Only qualified and skilled persons can perform the role of cashier.
Who is a Sales Agent?A person hired by any company to sell its products or services is known as Sales agent.
A sales agent take orders, offer services and provide support in person and via telephone or internet. This job can be done with little training and less qualification.
Who is an Interviewer?A person who conducts an interview to hire the candidates is known as Interviewer. To be an interviewer, a person needs to be well qualified with great communication skills.
So, the best role that Elle can take up until she graduates is that of a Sales Agent.
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explain the method of bookkeeping ?
Which of the following statements is false with respect to cost behavior?
A. Mixed costs include a fixed and variable portion of the cost.
B. Cost behavior relates to the categorization of costs as fixed, variable, or mixed.
C. Fixed costs, calculated on a per unit basis, are inversely related to the change in activity level.
D. Variable costs do not change in total as activity levels change.
E. Knowledge of cost behavior is not required when preparing a traditional income statement.
The false statement is E. Knowledge of cost behavior is indeed required when preparing a traditional income statement, as it helps determine expenses and profitability accurately.
The false statement with respect to cost behavior is E. Knowledge of cost behavior is not required when preparing a traditional income statement. In fact, understanding cost behavior is crucial when preparing an income statement. Cost behavior helps determine the nature of costs and their relationship with activity levels, which directly impacts the calculation of expenses and profitability.
Cost behavior categorizes costs into fixed, variable, or mixed costs (A and B are true statements). Fixed costs are constant in total but inversely related on a per-unit basis to changes in activity level (C is true). Variable costs, on the other hand, change in total proportionately with activity levels (D is true).By knowing cost behavior, businesses can accurately allocate costs to products or services, determine break-even points, analyze profitability, and make informed pricing and production decisions. Thus, understanding cost behavior is essential in preparing an accurate traditional income statement.
Therefore, The false statement is E. Knowledge of cost behavior is indeed required when preparing a traditional income statement, as it helps determine expenses and profitability accurately.
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Suppose that a study conducted by the Pew Research Center found the following: • 38% of adults do not exercise regularly. • 63% of the population is older than 44 years of age. • 75% of the adult population is either aged 18-44 or exercises regularly. Find the probability that... (Enter your answers as numbers between 0 and 1 (not percentages), and round them to two decimal places, if necessary.) 1a. a randomly selected adult exercises regularly. 1b. a randomly selected adult is aged 18-44. 1c. a randomly selected adult is 18-44 and exercises regularly. 1d. a randomly selected 18-44 adult exercises regularly.
1a. Probability that a randomly selected adult exercises regularly is 0.62
1b. Probability that a randomly selected adult is aged 18-44 is 0.37
1c.Probability that a randomly selected adult is 18-44 and exercises regularly is 0.09
1d. Probability that a randomly selected 18-44 adult exercises regularly is 0.66
1a. Probability that a randomly selected adult exercises regularly is:
P(exercises regularly) = 1 - P(does not exercise regularly) = 1 - 0.38 = 0.62
Answer: 0.62
1b. Probability that a randomly selected adult is aged 18-44 is:
P(aged 18-44) = 1 - P(older than 44) = 1 - 0.63 = 0.37
Answer: 0.37
1c. Probability that a randomly selected adult is 18-44 and exercises regularly is:
P(aged 18-44 and exercises regularly) = P(aged 18-44) * P(exercises regularly | aged 18-44)
We are not given P(exercises regularly | aged 18-44) directly, but we can calculate it using the information provided:
P(exercises regularly | aged 18-44) = (P(aged 18-44 and exercises regularly) / P(aged 18-44))
P(aged 18-44 and exercises regularly) = P(exercises regularly) - P(older than 44) + P(aged 18-44 and does not exercise regularly)
P(aged 18-44 and does not exercise regularly) = P(aged 18-44) - P(aged 18-44 and exercises regularly)
Substituting the given values:
P(aged 18-44 and exercises regularly) = 0.75 - 0.63 + (0.37 - P(aged 18-44 and exercises regularly))
Simplifying:
2P(aged 18-44 and exercises regularly) = 0.49
P(aged 18-44 and exercises regularly) = 0.245
Now we can calculate P(aged 18-44 and exercises regularly):
P(aged 18-44 and exercises regularly) = P(aged 18-44) * P(exercises regularly | aged 18-44) = 0.37 * 0.245 = 0.09065 ≈ 0.09
Answer: 0.09
1d. Probability that a randomly selected 18-44 adult exercises regularly is:
P(exercises regularly | aged 18-44) = (P(aged 18-44 and exercises regularly) / P(aged 18-44)) = 0.245 / 0.37 ≈ 0.6622 ≈ 0.66
Answer: 0.66
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Choose the correct terms to complete the sentence.
Larry owns his own gym. He is the only owner. His liability is 1.______
a. unlimited
b. partnership
c. limited
d. undetermined
and he runs a 2._____
a. public company
b. sole proprietorship
c. partnership
Neville is the CEO and shareholder of a company that sells household cleaning products. The company has 75 shareholders and is not
traded on a stock exchange. Neville's company is a 3._____
a. sole proprietorship
b. partnership
c. public company
d. private-limited company
and his liability is 4.______
a. limited
b. unlimited
c. undetermined
Answer:
unlimited
sole proprietorship
private-limited company
limited
Explanation:
What are the limitations of an MkIS?
Answer:
Limitations do exist with an MIS, such as the expense to create and implement an MIS, training time for employees, lack of flexibility and capturing wrong or incomplete information.
Explanation:
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The Earth has a moment of inertia, I = 8.04×10^37 kg*m^2. The Earth rotates at a moderate angular velocity of 7.2921159 ×10^−5 radians/second.
Using Conservation of Angular Momentum we can find the new rotation of the earth.
L=I*omega= 8.04×10^37 kg*m^2 * 7.2921159 × 10^−5 = 5.86286*10^33.
5.86286*10^33 = (8.04×10^37 + 1.5424*10^22) *omega
-> solve for omega = 7.292115899502489e-05
This is 4.97511e-15 rad/s slower than earth's original rotation. This translates to 6.752*10^-10 seconds = 0.6752 nanoseconds longer per day.
Suppose that business travelers and vacationers have the following demand for airline
tickets from Los Angeles to San Francisco:
Price
$150
$200
$250
$300
Quantity Demanded
(business travelers)
35,000
30,000
26,000
20,000
Quantity Demanded
(vacationers)
25,000
21,000
14,500
11,000
1. As the price of tickets rises from $200 to $250, what is the price elasticity for both
(a) business travelers and (b) vacationers ?
2. Why might vacationers have a different elasticity than business travelers?
3. What would be the Exact Quantity Demanded and change in Total Revenue if the
Airlines Change the Price for Business Travelers from $200 to $230?
The organization for economic cooperation and development is an example of which type of initiative that strives to slow the pace of bribery and corruption?.
The Organization for Economic Cooperation and Development (OECD) is an example of an initiative that strives to slow the pace of bribery and corruption. It was established in 1961 to stimulate economic progress and world trade.
OECD members adhere to a convention on combating bribery of foreign public officials in international business transactions. This initiative was introduced in 1997 to combat bribery in international business transactions.The Anti-Bribery Convention prohibits the offering, promising, or giving of a bribe to a foreign public official in exchange for obtaining or retaining business, or securing an undue advantage. It is a comprehensive and rigorous instrument that establishes legally binding standards to criminalize bribery of foreign public officials in international business transactions, as well as provide for various measures to make such offences punishable by effective and dissuasive sanctions.
The Anti-Bribery Convention has evolved into a global anti-corruption instrument, with 44 Parties to the Convention, which includes all 36 OECD member countries and eight non-OECD countries. It is the only international anti-corruption instrument that requires countries to impose criminal sanctions on companies that bribe foreign public officials and provides for mutual legal assistance and asset recovery. The OECD also conducts evaluations of member countries' anti-corruption measures to ensure that they are in line with the convention.
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Workplace conflict can arise out of employee differences, impacting productivity. What is the best solution for resolving conflict out of employee differences
The best solution for resolving workplace conflict arising from employee differences is effective communication and mediation.
In order to address workplace conflict resulting from employee differences, it is crucial to prioritize effective communication and mediation. The first step in resolving the conflict is to encourage the involved parties to express their perspectives and concerns openly and honestly.
This can be achieved through facilitated discussions or one-on-one conversations, allowing each employee to feel heard and understood. By actively listening to each other's viewpoints, the parties involved can gain insights into the underlying causes of the conflict.
The second step involves mediation, which can be facilitated by a neutral third party, such as a trained mediator or a human resources professional. Mediation provides a structured process for the conflicting parties to collaboratively explore potential solutions and reach a mutually agreeable resolution.
The mediator helps guide the conversation, ensuring that it remains focused and respectful, while also encouraging creativity and problem-solving.
Effective communication and mediation contribute to conflict resolution by fostering understanding, empathy, and the identification of common goals. By encouraging open dialogue and creating a safe space for employees to express themselves, organizations can prevent conflicts from escalating and negatively impacting productivity.
Additionally, these processes promote a culture of respect and collaboration, leading to stronger relationships among team members.
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What is the message of the poem "We all need love"
Answer:
The poem talks about love and togetherness that love can bring in the lives of the human beings.
Explanation:
The poem "We all need Love" written by Maxim Muyu highlights the importance of love in the life of humans. The poem explains how 'love' can diminish bad vibes and create a whole new world of peace and brotherhood. Throughout the poem, the theme of loving each other has been highlighted. It is only by loving others that the evils like 'depression' and 'racism' can be eradicated in the society. The word 'Love' is very strong and meaningful. Love is the requirement of every individual and it helps the heart and the mind to come together.
Love is a feeling of attraction, care and affection towards someone.
An individual can either love someone or be loved by someone. Self love is very important because you need to learn to love yourself before you can extend it to someone else.The poem "We all need love" reiterate the importance of love in the family, among friends and the society. Love helps to promote unity and corporation.Existence of love promotes togetherness.
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Describe how the U.S. private enterprise economy works
Answer: Go ahead and copy and paste
Explanation: As an economic system, private enterprise is characterized by competition, open markets, private ownership, and private initiative. Producers take production initiative on the basis of price and profit-and-loss signals essentially given by consumers.
Answer:
As an economic system, private enterprise is characterized by competition, open markets, private ownership, and private initiative. Producers take production initiative on the basis of price and profit-and-loss signals essentially given by consumers. ... Private enterprise is open to all comers.
how to get stimulus check 2021 if you didn t file taxes
Answer:
you may need to file a 2020 tax return even if you don’t traditionally file.
Explanation:
This FAQ can help you understand how the system works and what you can do to claim any stimulus that you may be eligible to receive.
When governments allow one highly regulated business to control an
essential service, such as water treatment, they create:
A. a public oligopoly.
B. a natural monopoly.
C. restricted competition.
D. monopolistic competition.
The type of Monopoly that occurred when a regulated business is been given control on essential service is B: natural monopoly.
A natural monopoly can be regarded as a kind of monopoly that occurr, as a result of a single firm serving market at lower cost that is even lower than that of combination of two or more firms.It do occur when government give that control to a firm on essential service such as water treatment.
Therefore, option B is correct.
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Answer:
B. a natural monopoly.
Explanation:
Fill in the gaps using second conditional. /2
If she (know) __________ the answer, she would win the prize.
If I (be) ___________ a rich man, I would buy a Mercedes Benz.
They would stay longer, if they (has) _________ more time.
If I (understand) __________ what the teacher said, I could tell you.
plz tell hurry
Answer:
knew
were
had
understood
You are going into business with 4 equal partners (not counting yourself). If in 6 years, the business is making a profit of $1,000,000, what is your share?.
Answer:
5p=1000000
p=1000000/5
p=200000
as consumer demand for new cars increases, tire makers and steel and aluminum suppliers may experience an increase in demand for their products, which is an example of:
The increase in demand for tire makers, steel and aluminium suppliers is an example of derived demand.
Derived demand is the demand for a good or service as a result of an increase in the demand for another good or service. Labour and raw materials usually have a derived demand.
As the demand for new cars increase, car makers would want to produce more cars in order to meet the increased demand. This would lead to an increase in the raw materials and labour that is needed to make more cars. On the other hand, if there is a decrease in the demand for new cars, there would also be a decrease in the demand for the raw materials and labour that is needed to make more cars.
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if the value of a firm's net fixed assets equals the value of the accumulated depreciation, from an accounting perspective, the fixed assets are: group of answer choices new. fully depreciated. one-half depreciated. equal in value to the firm's current assets.
From an accounting point of view, a fixed asset is fully depreciated when the value of the net fixed asset equals the depreciation. Depreciation is a counter account to the fixed assets account and is used to reduce the value of net fixed assets.
Accumulated depreciation is a valuation account used to capture the gradual decline in value of a fixed asset as it is used in production or services over its economic life. If the value of depreciation equals the value of net fixed assets, it means that the fixed assets have been fully depreciated. This means that the full value of the asset has been written off as an expense and that there is no residual value of the asset on the balance sheet.
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This graph compares consumer expenditures in three American cities from 2007 to 2010.
A graph titled Average Household Consumer Expenditures from 2007 to 2010 has year on the x-axis, and average yearly spending on the y-axis. San Francisco had the highest spending, then Cleveland, and then Houston had the lowest spending.
The best inference that can be made based on the graph is that
Answer:
its c
Explanation:
your welcome
The best inference that can be made based on the graph is that jobs in San Francisco may have higher salaries to offset the cost of living. Thus option (c) is correct.
What is job?A job is a type of employment where a person works in exchange for payment or compensation. Jobs can come in various forms, including full-time, part-time, temporary, freelance, and contract work.
The tasks and responsibilities of a job vary depending on the industry, company, and position. Jobs can be found in various sectors, including healthcare, finance, education, technology, and manufacturing, digital marketing and digital gaming among others at national and international level.
On the basis of graph, we can say that jobs in San Francisco may have higher salaries to offset the cost of living. Therefore, option (c) is correct.
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What will happen if the price of one of the resources used to produce a good increases? a. The demand curve for that good will shift to the left. b. The demand curve for that good will shift to the right. c. The supply curve for that good will shift to the left. d. The supply curve for that good will shift to the right.
Answer:
. The supply curve for that good will shift to the left.
Explanation:
A shift in the supply curve arises when suppliers increase or decrease production. A shift in the supply curve is a result of a change in supply. An increase in supply results in the supply curve shifting to the right, While a decrease makes it shift to the left.
Factors that cause suppliers to reduce production makes the supply curve to shift to the left or inwards. Examples of such factors include an increase in taxation, civil unrest, or changes in technology.
An increase in the price of raw material will make production more challenging for suppliers. The output from suppliers will decrease, causing the supply curve to shift to the left.
Answer the qwustion and show your work and provide a detailed
explanation as to why that answer is correct (letter d is wrong).
The question asks for an explanation of the given question.
The given question requests an explanation, which means providing a detailed account or description of the question. In this context, an explanation would involve breaking down the components of the question, examining its structure, and offering insights into its purpose and relevance.
Explaining a question typically involves analyzing its underlying concepts, identifying any key terms or assumptions, and providing a clear and comprehensive response that addresses the question's intent. It often requires breaking down complex ideas into simpler terms, providing examples or evidence to support the answer, and ensuring the response is logical and coherent.
By explaining the given question, we can enhance understanding, clarify any uncertainties, and provide a thorough response that satisfies the inquiry. It allows for a deeper exploration of the topic at hand and provides the necessary context for a meaningful and informed discussion.
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When a transaction is journalized, which account is listed first?.
Answer:
When transactions are entered in a general journal, the asset accounts are listed first, followed by the liability and owner's equity. When a transaction is entered in a general journal, the first account title is indented about half an inch from the left margin of the description column. You just studied
Please help me with this credit card assignment! (Personal Finance) I need this done by tomorrow! Please help! I’d greatly appreciate it!
Credit Card #1
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
1 percent for the first six months after you open the account.
After six months, APR will be 24 percent.
Grace Period
a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date
Annual Fee
$0
Other Fees
cash advance fee: the greater of $5 or 3 percent of the amount of the cash advance; late payment fee: $30; over-the-limit fee: $30
Credit Card #2
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
19.9 percent
Grace Period
a minimum of twenty-five days to repay without a finance charge if previous balance is paid in full by the due date
Annual Fee
$20
Other Fees
cash advance fee: the greater of $3 or 3 percent of the amount of cash advance; late payment fee: $30; over-the-limit fee: $20; returned check fee: $20
Credit Card #3
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
19.9 percent
Grace Period
a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date
Annual Fee
annual membership fee: $50
annual participation fee: $60 ($5 charged monthly)
Other Fees
cash advance fee: $20; balance transfer fee: $25; late payment fee: $20. over-the-limit fee: $20
(Part One)
Read each of the above Truth in Lending Disclosure Statements and answer the questions that follow.
What happens to the interest rate after six months for credit card #1?
Which credit cards have an annual fee?
Is the grace period the same for each of these credit cards?
What fees does credit card #3 have that the other cards do not?
As a good steward, you will pay your credit card bill on time and you will pay the balance each month. Which credit card is the best for you?
1. What happens to the interest rate after six months for credit card #1?
2. Which credit cards have an annual fee?
3. Is the grace period the same for each of these credit cards?
4. What fees does credit card #3 have that the other cards do not? 5.
As a good steward, you will pay your credit card bill on time and you will pay the balance each month. Which credit card is the best for you?
(Part Two)
Go online or visit a financial institution to find information about three credit cards. Some credit cards offer incentives, such as miles toward a free flight or 1 percent back on every dollar you spend. Research information about annual fees, APR, and incentives that credit cards offer. Write two paragraphs of 250 words total, one paragraph about the three credit cards you researched and one paragraph stating which credit card would be best for you and why.
Explanation:
Part One:
After six months, the APR for credit card #1 will be 24 percent.
Credit card #1 and credit card #2 do not have an annual fee. Credit card #3 has an annual membership fee of $50 and an annual participation fee of $60 ($5 charged monthly).
Yes, the grace period is a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date for all three credit cards.
Credit card #3 has a balance transfer fee of $25 that the other cards do not have.
As a good steward who pays their credit card bill on time and pays the balance each month, credit card #1 would be the best option as it has a 0 percent APR for the first six months, no annual fee, and the same grace period as the other cards.
Part Two:
After researching three credit cards, I found that Credit Card A has an annual fee of $95, an APR of 17.49 percent to 24.49 percent, and offers 2 miles per dollar spent on travel and dining. Credit Card B has no annual fee, an APR of 15.49 percent to 25.49 percent, and offers 1.5 percent cashback on every dollar spent. Credit Card C has an annual fee of $550, an APR of 16.99 percent to 23.99 percent, and offers a wide range of travel benefits, including access to airport lounges, a $200 annual airline credit, and 5 points per dollar spent on air travel and hotels.
Based on my research, I believe that Credit Card B would be the best option for me. While Credit Card A offers good rewards for travel and dining, the annual fee is quite high. Credit Card C also has a high annual fee, and while the travel benefits are appealing, I don't travel enough to make full use of them. Credit Card B, on the other hand, has no annual fee and offers a competitive cashback rate on every dollar spent, making it a good choice for everyday use. Additionally, the APR range is comparable to the other cards, and the grace period is the same as the other cards, giving me the flexibility to pay my balance in full each month without incurring finance charges.
Which statement best identifies the conflict in this excerpt?
Tessie Hutchinson is in conflict with society.
Bill Hutchinson is in conflict with his feelings.
Mrs. Delacroix is in conflict with Tessie.
Mr. Summers is in conflict with society.
Answer:
B
Explanation: