Demand" is a sequence of prices and the associated quantities that purchasers are willing and capable to buy at a particular point in time.
Call for concept describes the way that modifications in the amount of an amazing or carrier demanded via clients affect its rate in the market, The theory states that the better the charge of a product is, all else identical, the much less of it'll be demanded, inferring a downward sloping demand curve.
Call for is the number of purchasers who are willing and capable to shop for merchandise at diverse prices throughout a given time frame. call for any commodity implies the customers' desire to accumulate the coolest, the willingness and ability to pay for it.
The law of supply and demand is a theory that explains the interplay between the sellers of a resource and the buyers of that useful resource. The idea defines the relationship between the charge of a given appropriate product and the willingness of humans to either purchase or sell it.
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The type of training that demonstrates how technology is improving the efficiency of many off-the-job training programs is?
The type of training that demonstrates how technology is improving the efficiency of many off-the-job training programs is Online.
Off-the-job training is a form of education in which employees attend a facility other than their place of employment to learn more about their line of work or the most recent developments in it.
In essence, this kind of training improves how well personnel carry out their duties. Off-the-job training, as contrast to on-the-job training, might take place in close proximity to the workplace or farther away, such as at a resort or training facility.
Employers can reduce distractions by holding training sessions away from the office so that employees can concentrate entirely on the information they are studying.
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What events cause debits to be recorded in the factory overhead account? what events cause credits to be recorded in the factory overhead account?
Factory Depreciation At purchase, the company records a debit to the machinery account and a credit to cash or accounts payable. Each year, the company will debit the factory overhead account and credit the accumulated depreciation account to reflect the annual depreciation of the machine.
What is Factory Depreciation?Factory depreciation, also known as manufacturing depreciation, refers to the decrease in the value of all assets associated with the product's manufacturing. Factory depreciation is charged as an expense as part of manufacturing overhead because it is considered an indirect cost.
Depreciation is the annual decrease in the value of an asset. It is calculated in equal annual increments over the equipment's useful life.
Depreciation expense is considered an indirect cost in the production department of a manufacturing company because it is included in factory overhead and then allocated to the units manufactured during a reporting period. The most common treatment within a business is to treat depreciation as an indirect cost.
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Production by a monopolist would result in the socially optimal allocation of resources if:_______.
Monopoly production will result in a socially optimal allocation of resources if the regular use of resources can continue indefinitely.
If you are regulated to produce at the production level produce where price (aka demand) intersects the marginal cost curve (P = MC). At this power level, distribution efficiency is achieved and there are no deadweight losses.
Socially optimal price is the price at which monopoly achieves allocative efficiency (DARP=MC). A fair return price is a viable alternative, as such a low ceiling price would hurt some monopolies economically. A fair return price is found if the price equals the average total cost (DARP=ATC).
The socially optimal level of pollution is the level of pollution that society would choose if all costs and benefits of pollution were fully considered.
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Assume the federal government is reducing taxes to stimulate the economy. If the fed reduces the money supply, the effectiveness of the expansionary fiscal policy will be?
If government reduces money supply, effectiveness of expansionary fiscal policy will be reduced. Recessions are treated by expansionary fiscal policy. Expanding fiscal policy involves either raising taxes or reducing spending by government.
A surplus-producing economy requires contraction. In that circumstance, a contractionary fiscal policy is best option, which would entail either raising taxes or reducing government spending. Since government spending is a part of AD, the reduction in government spending results in a reduction in total. Because lower AD will result in new short-run equilibrium with lower output, higher unemployment rate, and lower price level, it causes fall in output.
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One of the major forces responsible for the rapid growth rate of the international capital market is?
One of the major forces responsible for the rapid growth rate of the international capital market is information technology.
In recent decades, the worldwide capital market has grown so rapidly because of the rise of privatizations mainly. With private capital flows rising from less than five percent of world GDP in 1975 to approximately 20 percent today, privatizations have substantially expanded market liquidity.
The key elements for the increased growth in the international equity markets are the subsequent: growth of developing markets. As developing international locations revel in increase, their home companies searching to expand into worldwide markets and take benefit of less expensive and greater flexible financial markets.
The elements affecting capital flows that the evaluation uses are domestic economic growth, global cash supply, global economic growth, interest price difference among home and main international locations' rates, foreign inventory rate, global risk, and capital flow openness.
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If a firm has a payback period of 3 years and a project has a payback period of 3. 5 years, the project should be:________
If a firm has a payback period of 3 years and a project has a payback period of 3. 5 years, the project should be rejected.
Payback period is defined as the number of years required to recover the original cash investment. In other words, the period during which a machine, plant, or other investment has generated sufficient net income to cover its investment costs.
Simply put, the payback period is calculated by dividing the investment cost until the cumulative cash flow is positive by the annual cash flow. This is the payback year.
The payback period indicates the time it takes for a company to recoup its investment. This type of analysis allows companies to compare alternative investment opportunities and select projects that will pay off in the shortest possible time when this criterion is important.
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An insurance company needs to obtain personal information from third part concerning an applicant which law do all insurers and their producers need to comply with?
An insurance company needs to obtain personal information from third part concerning an applicant which law do all insurers and their producers need to comply with Fair credit reporting act.
The Fair Credit Reporting Act, of U.S.A. is that allows customers the right to get knowledge on the substance, nature and sources of information collected on him and if already have any corrected information on him gets re-investigated.
The Fair Credit Reporting Act (FCRA) is a that federal law which regulates the collection of consumers' credit information and access to their credit reports also.
It was passed in 1970 to address the accuracy, fairness and privacy of the personal information contained in the files of the credit reporting agencies.
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On a financial television show, paz hears the announcer say that the country is currently experiencing a high inflation rate. how will this most likely affect paz’s investments?
Paz observes the announcer on a financial television program state that the nation is now facing a high inflation rate.
A. With the current high inflation rate, the value of Paz’s investments will possibly not grow at the same rate as the general level of inflation.
What does it indicate if the inflation rate is high?High inflation, therefore, is when prices for interests and items is unusually high. Customers can therefore get less for their money when purchasing. Although a little inflation can be flattering, it can also hurt individual finances, counting on the circumstances.
Why is high inflation wrong for the economy?When inflation is high, money and non-interest bearing checking accounts are avoided because they are constantly declining in purchasing power. People will use useful economic resources (including their time and "shoe leather") to scrimp on their holdings of such money balances.
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Complete question shown below,
A. With the current high inflation rate, the value of Paz’s investments will possibly not increase at the same rate as the general level of inflation.
B. This level of high inflation guarantees higher returns on Paz’s investments, making it a very safe investment.
C. If the return on Paz’s investment is growing at a slower rate than the inflation rate, her investment will increase her purchasing power.
D. If Paz’s investment is earning 2 percent interest, but the inflation rate on goods is increasing by 5 percent, she has gained about 3 percent of purchasing power.
More choices and easily accessible information about the functionality of firms' products are creating increasingly __________ customers.
There is an increasingly sophisticated & knowledgeable customers because more availability of choices and easily accessible information about the functionality of firms' products.
What is a functionality of firms' product?This refers to the design works of a product that helps the users meet their goals and needs.
For instance, the product functionality is observed from products such as chairs or tables to the designs such as books or web interfaces, hence, the functionality varies but is everywhere.
That means that when a product design is highly functional it performs what it's expected to do and does it well.
Hence, the increasing product functionality with more availability of choices and easily accessible information about the products result to increasingly sophisticated & knowledgeable customers.
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True or false: japan generally runs a significant trade surplus because of the structural barriers against imports into japan
The statement, Japan generally runs a significant trade surplus because of the structural barriers against imports into Japan, is true.
As Japan's savings rate is high relative to Japan's domestic investment, Japan generally runs a trade surplus. Thus, the result is high net capital outflow which is matched by high net exports, resulting in a trade surplus.
Japan's overall trade surplus is the result of its exports in the scientific and optical equipment, rubric machinery, semiconductors, electronic parts, and telecommunications equipment. Now the current account surplus has been shrinking for four fiscal years in a row.
Hence, in 2019, Japan reported the biggest trade surpluses with different countries.
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It can be a significant challenge to keep the project team ___________ as the project nears completion.
As a project nears is completion, it has been found that it becomes a significant challenge to get the project team to remain focused.
Why does focus reduce as a project nears completion?There are several reasons why a project nearing completion would lead to a loss of focus and one of them fatigue from having worked on the project for a certain period of time.
Another reason is that the project team will be getting ready to move onto a new project as the current project comes to an end. As a result, they will focus less on the current project.
In conclusion, teams lose focus as their project nears completion.
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When the united states' foreign trading partners experience higher incomes, it benefits the u.s. by _____.
When the united states' foreign trading partners experience higher incomes, it benefits the u.s. by increasing U.S. GDP.
What is GDP?Gross domestic product (GDP) is a monetary measure of the market value of all final products and services produced by countries in a given time period. Because of its complexity and subjectivity, this metric is frequently changed before being regarded a credible indication.
As a result, GDP is defined as GDP = Consumption + Investment + Government Spending + Net Exports, or more succinctly as GDP = C + I + G + NX. Whereas consumption (C) relates to household and nonprofit organization private consumption expenditures, investment (I) refers to corporate spending.
Consumption, investment, government spending, exports, and imports are the components of GDP calculated using the expenditures approach.
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Certificates of deposit are insured for up to ________ in the event of bank insolvency.
Certificates of deposit are insured for up to $250,000 per person, per bank in the event of bank insolvency.
A certificate of deposit is a time deposit. It is a savings account that holds a fixed amount of money for a fixed period of time. Currently, the Federal Deposit Insurance Corp (FDIC)guarantees deposits of up to $250,000 per person, per bank.
Certificates of deposit offers safer but lower rates of return as compared to stocks or bonds. Thus, they are mostly issued by banks and credit unions in exchange of an interest income.
Hence, certificate of deposit still remain a highly sought after investment.
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What is the basic accounting principle that supports the immediate recognition of a contingent loss?
Conservatism is the basic accounting principle that supports the immediate recognition of a contingent loss.
The conservatism principle in accounting is the general concept of recognizing expenses and liabilities as soon as possible when there is uncertainty about an outcome. It also supports the immediate recognition of a contingent loss.
Approaching your financial statements using conservatism accounting ensures that they are prepared with caution. The aim of this concept is to protect investors from potentially inflated revenues and assets, and not involving or taking unnecessary risks.
Hence, the immediate recognition of a contingent loss is supported by Conservatism principle.
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Is the opportunity cost of producing more amounts of trucks increasing, decreasing, or remaining the same?
When the p.c is concave (bowed out), opportunity prices increase as you move alongside the curve. While the p.c is convex (bowed in), opportunity costs are decreasing.
The law of increasing possibility cost: As you grow the production of one true, the opportunity cost to provide the additional good will increase. First, understand that opportunity cost is the value of the following-best alternative when a decision is made; it is what is given up.
The law of increasing opportunity cost is the idea that as you continue to grow production of 1 suitable, the possibility fee of manufacturing that subsequent unit will increase. This comes approximately as you reallocate resources to produce one true that became better suited to produce the good.
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Describe how crashing and fast tracking can be used to compress a project schedule. What limitations could there be with each of these methods?
Techniques for compressing the schedule include Crashing and Fast Tracking. You use them to shorten your timetable and to meet a specific scheduling objective. Fast-tracking entails carrying out two tasks concurrently, even though they wouldn't typically be.
How does fast-tracking differ from crashing to compressing a project schedule?
In conclusion, the distinctions between crashing and fast tracking are as follows: Fast-tracking entails running tasks simultaneously, whereas crashing entails adding resources to a project. The increased danger is associated with quick tracking, but the increased expense is associated with crashes.
What limitations could there be with each of crashing and fast-tracking?
Fast-tracking is free but increases the risk associated with your project. Adding more resources to your project is referred to as "crashing." Having a crash costs more money. To compress your calendar the most while spending the least amount of money, you should crash such activities. method:
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When a nation exports a good, its total surplus ________, and when it imports a good, its total surplus ________
When a nation exports a good, its total surplus "increase", and when it imports a good, its total surplus "increase".
What is export of goods?Exports are products and services made in one nation and offered to customers in another. Imports and exports together make up global trade.
Some key point regarding exporting are-
Modern economies rely heavily on exports because they give people and businesses access to a wide variety of new markets. Fostering economic commerce, boosting imports and exports for the advantage of all trading parties, is one of the main goals of diplomacy or foreign policy between countries.By extending operations to accommodate rising demand, exporting to overseas markets can frequently lower per-unit costs. Last but not least, businesses who export to overseas markets acquire new skills and expertise that may help them uncover cutting-edge technologies, innovative marketing strategies, and competitive insights from abroad.To know more about export of goods, here
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Wok around the clock, inc. , sells specialty woks. In the current year it expects to incur $620,000 in variable costs and $130,000 in fixed costs to make and sell 10,000 woks at $100 each. If wok around the clock accepts a special order from hard wok cafe to purchase 1,000 woks at $75 each plus $1,200 in shipping costs, how much would it make or lose on this special order?.
It would make a revenue of $750
What is revenue ?The total amount of income earned by the sale of goods and services connected to the principal operations of the firm is referred to as revenue in accounting. Commercial revenue is often known as sales or turnover. Some businesses make money by charging interest, royalties, or other fees.
The overall cost of making and distributing a product or service to consumers is referred to as the cost of revenue. The cost of revenue is disclosed in a company's income statement. It is intended to show the direct costs related with the goods and services offered by the company.
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A process used to develop knowledge that allows an organization to understand the actions and intentions of threat actors and develop methods to prevent or mitigate cyberattacks is known as?
A process used to develop knowledge that allows an organization to understand the actions and intentions of threat actors and develop methods to prevent or mitigate cyberattacks is known as threat intelligence.
Information on threats intelligence that has been compiled, altered, examined, evaluated, or enriched to offer the appropriate context for decision-making processes. Threat intelligence provides in-depth information about attack-related URLs, domain names, files, and IP addresses. An organization can respond to security incidents and guard against current assaults using the information.
Cyber threat intelligence is knowledge, skill, and experience-based information about the occurrence and assessment of both cyber and physical threats and threat actors, with the goal of assisting in the mitigation of prospective assaults and damaging cyberspace occurrences.
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Why can it be difficult to use the indirect approach for a complex message that will be read on mobile devices?
Mobile advertising is an internet marketing platform directed towards a certain target market using their mobile phones and tablets. The approach is centered on connecting with clients via email, SMS, MMS, social media, and mobile applications.
Mobile advertising is a multi-channel, digital marketing strategy that uses websites, emails, SMS and MMS, social media, apps, and other mobile devices to connect with a target audience.
Promotions provided by SMS text messaging, MMS multimedia messaging, downloaded apps using push notifications, in-app or in-game marketing, mobile websites, or by using a media to scan QR codes are all examples of mobile advertising.
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Was originally purchased, it cost $90,000. what is the fair value (present value) of the note?
Using an appropriate interest rate, the fair value (present value) of the non-interest-bearing note is $83,055.71.
What is the interest rate?The amount of interest due every period as a percentage of the amount lent, deposited, or borrowed is referred to as the interest rate. The total interest on a lent or borrowed amount is determined by the principal amount, the interest rate, the compounding frequency, and the length of time it is lent deposited, or borrowed.To find the present value:
The present value is the discounted present value of future cash flows.The PV factor or formula is used to calculate the present value.We can also use an online finance calculator to calculate the present value of the note, as shown below.Data and Calculations:
Original cost price = $90,000N (# of periods) = 9 yearsI/Y (Interest per year) = 11%PMT (Periodic Payment) = $15,000FV (Future Value) = $135,000 ($90, 000 x 9)So,
Present Value (PV) = $ 83,055.71
Sum of all periodic payments = $135,000.00
Total Interest = $51,944.29
Therefore, using an appropriate interest rate, the fair value (present value) of the non-interest-bearing note is $83,055.71.
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The complete question is given below:
Last year the company exchanged a piece of land for a non-interest-bearing note. The note is to be paid at the rate of $15,000 per year for 9 years, beginning one year from the date of disposal of the land. An appropriate rate of interest for the note was 11%. At the time the land was originally purchased, it cost $90,000. What is the fair value (Present value) of the note?
A firm's _________ is the symbolic embodiment of all the information connected with a product or service
Consider an economy described by the combined solow and romer model. if this economy is on its balanced growth path when an exogenous permanent increase in the depreciation rate occurs:________
This economy is on its balanced growth path when an exogenous permanent increase in the depreciation rate occurs, there will be an immediate growth effect.
Recall that population growth in the Solow model does not contribute to per capita income growth, which depends solely on the growth of (exogenous) technology. in Romer's model, population growth could be the source of her per capita income growth.
In the short run, increased savings and investment boost national income and output growth. Solow analyzes how increased savings and investment affect long-term economic growth. In the short run, higher savings and investment lead to higher national income and output growth in the short run.
The Solow growth model is an exogenous model of economic growth that analyzes changes in an economy's output levels over time as a result of changes in the rate of population growth, savings, and technological progress.
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What is the probability that a new college graduate in business will earn a starting salary of at least (to 4 decimals)?
0.2296 is the probability that a new college graduate in business will earn a starting salary of at least (to 4 decimals).
Let X denotes the salary of a new college graduate in business.
P(X > 65,000} = 1− P(X < 65,000)
65111 53901
15011
=1-2
=1-P(x < 0.74)
= 10.7714= 0.2296.
The national average salary for college graduates (overall) has remained constant at about $50,000 to $60,000 for the past several years. Economics, Mathematics, Health Sciences, Engineering, and Computer Science show median annual salaries as high as $52,000 to $71,000 for him.
Specifically, while the median expected salary for a graduate was $60,000, PayScale data shows that a typical graduate with 0-5 years of experience earns $48,400 annually. College students should expect a decent salary after graduation. Ambition is good.
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Jerome's organization is replacing one of their key information systems to take advantage of the features offered by newer software. What can Jerome use to introduce the new system in a way that lowers stress, encourages teamwork, and increases their chances of implementing it successfully
To introduce the new system in a way that reduces stress and encourages teamwork and increases your chances of successfully implementing it, Jerome must introduce training to enable employees to use the new system.
How to introduce changes in the organization?It is essential that managers carry out a set of strategies that help to reduce resistance to changes in the organization, for this, there must be honesty with employees about the needs of change and the benefits that it will bring to the work.
For change to be perceived as positive, employees need to feel prepared to face a change, such as the introduction of new information systems, through training, demonstration and smooth introduction.
Therefore, organizational change can be an opportunity to generate greater speed and reliability at work, as long as employees feel part of the process and that this will bring benefits to their functions.
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The way income is allocated among the population is reflected in the lorenz curve. income curve. gini coefficient. income spread.
The way income is allocated among the population is reflected in the Gini coefficient.
The Gini index, or Gini coefficient, measures income distribution throughout a populace. developed by using the Italian statistician Gini in it regularly serves as a gauge of monetary inequality, measuring profits distribution or, less commonly, wealth distribution amongst a population.
The Gini index is a measure of the distribution of profits throughout a populace. A higher Gini index shows greater inequality, with excessive-profits individuals receiving plenty large percentages of the populace's general profits. Worldwide inequality, as measured by way of the Gini index.
The Gini index may be derived from the Lorenz curve framework (Lorenz, which plots the Cartesian coordinates where the abscissa is the cumulative normalized rank of earnings from the lowest to the highest
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How does the offshoring model differ from the type of trade analyzed with the ricardianand heckscher–ohlin trade models?
The Ricardian model can be used to analyze offshoring while the Heckscher-Ohlin model only analyzes trade in finished products. There is no difference since the offshoring, Ricardian, and Heckscher-Ohlin trade models can be used to analyze offshoring.
The Heckscher-Ohlin model is an economic theory which proposes that countries export what they can produce most efficiently and plentifully . It's used to evaluate trade as well as , the equilibrium of trade between two countries which have varying specialties and natural resources
The Ricardian model shows that if anyone wants to maximize total output in the world, then one should fully employ all resources worldwide, allocate those resources within countries to each country's comparative advantage industries, allow the countries to trade freely thereafter.
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The magnitude of the government expenditure multiplier is ________ the magnitude of the tax multiplier.
The magnitude of the government expenditure multiplier is smaller than the magnitude of the tax multiplier.
What is the government expenditure multiplier?This is the term that is used to refer to the impact of the change in the income in the economy of a place given that the government of the place now has a change in the way that they carry out their expenditure. This is denoted by the term KG.
The government expenditure multiplier has the magnitude that is known to be smaller than the magnitude of the tax multiplier. It tells us how much the output of the nation rises given that there is a change in spending.
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How do corn products enter into the production of food what is the primary corn product used?
Corn products are used in the production of food as a result of regulations with in Federal Agriculture Improvement and Reform 1996 Act that allow farmers to choose the crops they want to cultivate.
Corn production and evolution;The main feed grains are oats, barley, sorghum, and corn. With more than 95% of all feed grain use and production in the United States going to corn, it is the most important feed grain.
Corn is farmed on more about 90 acres of land, with the Heartland region producing the largest of the commodity.The majority of the harvest is employed as the primary source of energy in animal feed.A wide range of food and commercial items, such as starch, sugars, corn oil, drinking and commercial alcohol, and fuel ethanol, are also made from corn.Higher yields resulted from advancements in technology (seeded varieties, fertilizers, herbicides, and machinery), as well as in production techniques, which led to an increase in corn production over time.Increasing corn prices and incentives on producers to expand corn acreage are the results of a strong demand towards ethanol production. By altering the corn and soybean crop rotations, farmers have frequently expanded corn area while lowering soybean plantings.To know more about corn, here
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What two types of account-contact relationships can you see in contacts to multiple accounts?
Direct Relationship and indirect relationship are the two types of account-multiple contact relationships.
The account relationship comprises the account that is sharing facts, the account this is accessing those records, and the kind of courting they have got.
Contacts to multiple bills lets you partner a unmarried contact to more than one debts through the Account contact relationship object. Your page format and field-degree security settings determine which fields are visible and editable.
Contacts are the usual dating for individuals who are underneath that Account. The 'associated Contacts' lists is a result of activating Contacts to more than one debts. this selection is used whilst contacts work at different corporations and gets rid of the need for duplicates.
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