When deciding whether or not to escalate commitment to a chosen course of action, our choice should depend on:
a. the expected value of further investment.
b. our sunk costs.

Answers

Answer 1

option a is the correct answer

When deciding whether or not to escalate commitment to a chosen course of action, our choice should depend on: the expected value of the further investment.

Commitment bias, also known as commitment escalation, describes the tendency to stick to past actions, especially those that have been publicly demonstrated, even when they don't produce the desired outcome.

The main reason for this is an unwillingness to admit that previous decisions were wrong. We, therefore, encourage you to check the accuracy of these previous decisions by doing more to support them. Engagement escalation occurs because our thinking is not rational.

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Related Questions

A proposed new project has projected sales of $186,000, costs of $90,500, and depreciation of $24,900. the tax rate is 22 percent. Calculate operating cash flow using the four different approaches.

Answers

Operating cash flow will be $79,968

A proposed new project has projected sales of $186,000, costs of $90,500, and depreciation of $24,900. the tax rate is 22 percent. Calculate operating cash flow using the four different approaches.

EBIT + Depreciation - Taxes

EBIT = S - C -D

EBIT =186,000-90,500-24,900= 70,600

Depreciation = 24,900

Taxes= EBIT x Tax Rate = (.22) x 70,600

= 15,532

EDT= 70,600 + 24,900 - 15,532 = $79,968

Top-down

= Sales - Costs - Taxes

= 186,000 - 90,500 - 15,532= $79,968

Tax-shield

= (Sales - Cost) x (1 - tax rate) + Depreciation X Tax rate

= (186,000 - 90,500) x (1 - 0.22) + 24,900 x 0.22 = $79,968

Bottom-up

= Net income + Depreciation

Net income = EBIT - Tax

Net income = 70,600 - 15,532

= 55,068

= 55,068 + 24,900

= $79,968

What is operating cash flow?

Cash flow from operating activities (CFOA) is the revenue a company generates through ongoing, regular business activities like the creation and sale of goods or the rendering of client services (CFO). It is the first item on a company's cash flow statement.

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For a firm, marginal revenue minus marginal cost is equal to a. change in profit. b. change in average revenue. c. profit. d. average total cost.

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For a firm, marginal revenue minus marginal cost is equal to a Change in profit.

Option A. Change in profit:

A firm maximizes its profit when the marginal revenue is equal to the marginal cost. The difference between marginal revenue and marginal cost (Marginal revenue - marginal cost) is equal to a change in the profit. Thus, option 'c' is correct.

Marginal revenue is the profit a firm makes when it sells one more unit of its output. It is calculated as marginal revenue (i.e., the amount of revenue a firm earns from selling one additional unit of production) minus marginal cost (i.e., the cost of producing one additional unit of production).

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Proponents of the real business cycle model argue that the short-run aggregate supply curve is?

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Proponents of the real business cycle model argue that the short-run aggregate supply curve is positively sloped.

The short-run aggregate supply curve is upward or positively sloping and it represents the positive relationship between the price level and output. The short-run is when all production occurs in real time.

The short-run aggregate supply curve (SRAS) shows us that a higher price level leads to more output. It also lets us capture how all of the firms in an economy respond to price stickiness. Thus, when prices are sticky, the SRAS curve will slope upward.

Hence, the short-run aggregate supply curve will be positively sloped.

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An investor exercises the right to buy one additional share at $20 for every four shares held. how much should each share be worth after the rights issue if they previously sold for $50 each?

Answers

$45.00 should each share be worth after the rights issue if they previously sold for $50 each.

What is share?

A share is a financial market unit used in mutual funds, limited partnerships, and real estate investment trusts. The term "share capital" refers to all of an enterprise's shares. A shareholder of the corporation is someone who owns stock in the company.

A share is a type of ownership unit that represents an equal amount of a company's capital. A share entitles the shareholder to an equal claim on the company's profits and losses. There are two types of shares: equity shares and preference shares.

A company's shares signify its ownership. When a person purchases stock in your company, they become a shareholder. Shareholders elect who runs a firm and participate in critical decisions.

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The strategic planning and budgeting of short- and long-term funds for current and future needs is called ________ management.

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The strategic planning and budgeting of short- and long-term funds for current and future needs is called financial management.

The heart of financial management is creating a business plan and keeping all departments on track. Sound financial management allows the CFO or VP of Finance to provide data to create a long-term vision, make informed decisions about where to invest, how those investments are financed, and liquidity It can provide insight into profitability, profitability, liquidity, and more.

ERP software helps finance teams achieve the following goals: A financial management system combines multiple financial functions such as accounting, asset management, revenue recognition, and payment processing. By integrating these key components, financial management systems provide real-time visibility into a company's finances while facilitating day-to-day operations such as B. Period End Closing Process.

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A firm that markets products with high value (like electronics) would likely have?

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A firm that markets products with high value (like electronics) would likely have a limited number of centrally located warehouses.

The main function of a warehouse is to store products or goods before moving them to another location. However, there may be some secondary storage features that expand your camping space.

The six basic warehousing processes include receiving, storing, storing, picking, packing and shipping. By optimizing these six processes, you can streamline your warehouse operations, reduce costs and errors, and achieve higher perfect order rates.

A warehouse is a physical location where inventory of goods is stored. By optimizing storage space and placing products in the right location in the warehouse, products can be tracked and shipped in a timely manner.

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Sales returns and allowances is a ______ account and is ______ when goods are returned by customers for a refund.

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Sales returns and allowances are a Contra revenue account and are debited when goods are returned by customers for a refund.

The debit is to Sales Returns and Allowances (-SE) which will offset the original credit to Sales Revenue (+SE) for the returned goods.

Net Sales on the income statement equals the: (Sales Revenue - the Sales Returns and Allowances) a Contra Revenue account.

The Sales Returns and Allowances account reduces the Sales Revenue account on the income statement. It is a Contra-Revenue account as it increases on the debit side like an expense, however, it isn't always disclosed with selling and administrative expenses or the cost of Goods Sold expense.

Your question is incomplete. Please read below for the missing content.

Sales Returns & Allowances is a ____ account and is _____ when goods are returned by the customers for a refund.

liability; credited

contra-revenue; credited

revenue; credited

contra-revenue; debited

contra-asset; debited

contra-asset; credited

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Ethical capitalism emerged as primary marketing idea during the ____________ century

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Ethical capitalism emerged as primary marketing idea during mid 18th century. The globalization of capitalism altered production, trade, and human behavior. Even so, it altered how people perceived the world and their position within it.

The roots of capitalism have been hotly contested throughout its varied century. A great deal of variance in concentration of wealth and economic power came to be connected with capital that was amassed via range of techniques and at variety of scales. Over time, capitalism grew to dominate all other economic systems. The mechanisms by which capitalism developed, spread, and emerged are debated among historians.

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For retirement planning purposes, financial advisors often suggest that retirees have an income source that provides about _____________ percent of their wages when they were working.

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For retirement planning purposes, financial advisors often suggest that retirees have an income source that provides about 70 percent of their wages when they were working.

What is  retirement planning?

Retirement planning can be defined as the way in which a person plan ahead of their retirement by investing or saving their money so as to have something to fall back to after retirement.

Therefore the  financial advisors often suggest   that retirees must have a source of  source that will  provides about 70 percent of their wages when they were working so as to live at a  comfortable level after retirement.

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In the eyes of clients and managers, the most essential public relations task is?

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In the eyes of clients and managers, the most essential public relations task is (C) coordinating interviews for their executives with the media.

What are public relations tasks?Preparing and delivering presentations and press releases dealing with inquiries from the general public, the press, and other organizations coordinating and participating in promotional activities such as press conferences, open days, exhibitions, tours, and visits public speaking in interviews, news conferences, and presentationsA Public Relations Officer responds to media inquiries for information. They strive to maintain an organization's or client's positive image. They can accomplish this by creating marketing materials such as newsletters, social media updates, and press releases.In the eyes of clients and management, the most important public relations responsibility is scheduling media interviews for their executives.

Therefore, in the eyes of clients and managers, the most essential public relations task is (C) coordinating interviews for their executives with the media.

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The complete question is given below:

In the eyes of clients and managers, the most essential public relations task is ________.

(A) placating executives with easy practice questions

(B) setting an agenda for meetings

(C) coordinating interviews for their executives with the media

(D) easing discomfort with their personal appearance

When it comes to getting involved in international business what are the three strategies that require the least amount of commitment and effort?

Answers

When it comes to getting involved in international business the three strategies that require the least amount of commitment and effort :

1)Licensing,

2)Exporting,

3)Franchising

An international business that produces components or products from foreign places but sells them regionally can be considered an international commercial enterprise, as can an organization that outsources services, together with customer support, to places wherein hard work costs are less expensive.

Yes, due to the fact it's far more specific and attractive to employers. With this principle, you may paint well in an international financial system. International agencies frequently do enterprises with overseas companions and international businesses.

An international business primary application demands situations students to evolve commercial enterprise concepts to different nations' monetary, sociopolitical, felony, and monetary structures. With a wide selection of coursework, international enterprise majors can be capable of picking a specialty.

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For which market orientation is accurately forecasting the amount of finished goods needed likely to be the most important for a firm's financial performance?

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In the make-to-stock orientation accurately forecasting the number of finished goods needed is likely to be the most important for a firm's financial performance.

In the make-to-stock, the consumers demand is accurately predicted and only that amount of goods are produced and distributed. Make to stock market orientation is accurately forecasting the number of finished goods that are being demanded by consumers which is most important for a firm's financial performance.

Make-to-stock (MTS) is a manufacturing strategy in which manufacturing making plans and manufacturing schedules are based totally on forecasted product demand. merchandise made all through one manufacturing period is used to meet orders made in the next production period.

Make to order (MTO), or made to order, is a business production strategy that generally allows purchasers to buy merchandise that is customized to their specifications. the producing manner of an MTO object starts simplest after a confirmed customer order is obtained.

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What is the second step in management by objectives?
a. the manager and employee jointly set objectives for the employee.
b. the manager develops an action plan.

Answers

The Correct Option is : The manager and employee jointly set objectives for the employee is the second step in management by objective.

What Is Management by Objectives (MBO)?

Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.

According to the theory, having a say in goal setting and action plans encourages participation and commitment among employees, as well as aligning objectives across the organization.

Management by objectives outlines five steps that organizations should use to put the management technique into practice.

The first step is to either determine or revise organizational objectives for the entire company. This broad overview should be derived from the firm's mission and vision.The second step is to translate the organizational objectives to employees. In 1981, George T. Doran used the acronym SMART (specific, measurable, acceptable, realistic, time-bound) to express the concept.Step three is stimulating the participation of employees in setting individual objectives. After the organization's objectives are shared with employees, from the top to the bottom, employees should be encouraged to help set their own objectives to achieve these larger organizational objectives. This gives employees greater motivation since they have greater empowerment.Step four involves monitoring the progress of employees. In step two, a key component of the objectives was that they are measurable for employees and managers to determine how well they are met.The fifth step is to evaluate and reward employee progress. This step includes honest feedback on what was achieved and not achieved for each employee.

Therefore, we can conclude that the correct option is A.

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The arrangements between buyer and seller as to when payments for merchandise are to be made are called:______.

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The arrangements between buyer and seller as to when payments for merchandise are to be made are called credit terms.

What are the terms of credit?

Credit terms are the payment conditions specified on the invoice at the time of the purchase of the goods. This is an agreement between the buyer and the seller regarding the deadlines and methods of payment for products obtained on credit. It also goes by the name "payment terms."

Influences on Credit Terms

Time Issue: In this case, the seller is giving the consumer a time benefit and anticipates that the bill will be paid before the due date. Usually, the deadlines are established in advance of the transaction. Credibility Element: The amount of credit you extend to your consumer relies on how creditworthy they are. This may be determined by the number of transactions, the ability to repay, past performance, etc. Rate of Interest Factor: Sellers do charge interest, either for the entire credit period or just for the overdue time, depending on the quantity and credit duration.

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In the context of international dispute resolution, conciliation is also known as?

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In the context of international dispute resolution, conciliation is also known as mediation. Primary distinction between conciliation and mediation proceedings is that the parties will occasionally request non-binding settlement suggestion from the conciliator during the conciliation. A mediator, on the other hand, will typically and on principle avoid offering such a suggestion.

Conciliation is voluntary process in which the parties are free to decide to try and settle their disagreement through conciliation. The method is adaptable and enables parties to specify  length, format, and substance of the conciliation processes. In mediation, parties will ultimately decide whether to reach a solution.

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A _____ is a specially designed phone room used to conduct telephone interviewing.

Answers

Answer:

central-location telephone (CLT) facility

Can companies easily develop compensations that are both internally consistent and market competitive

Answers

It is not easy to develop compensation systems that are both internally consistent and market competitive.

An internally consistent compensation system helps to keep the best and talented employees in the organization. On the other hand, the compensation system for market competitiveness helps to attract the best talent from the market.

As in a company the employees serve differently to an organization, and it will be difficult to compensate each employee according to their contribution towards the organization.

Hence, it is important to have a compensation system that is both internally consistent and market competitive.

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In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of?

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In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of creative destruction.

Creative destruction is an economic concept most closely identified with the Austrian-born economist Joseph Schumpeter since the 1950s. Schumpeter derived it from Karl's work on Marx and popularized it as the theory of economic innovation economics. Sometimes called a Schumpeter storm.

According to Schumpeter, a 'creative destruction storm' is a process of industrial mutation that is constantly transforming the economic structure from within, constantly destroying the old and always creating the new. ”.In Marxist economic theory, the concept more generally refers to the interconnected processes of wealth accumulation and destruction in capitalism. We owe the first use of these terms to German sociologist Werner Sombart in his book War and Capitalism (1913).

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True or false: Hypothesis-driven analysis lets a firm move very quickly and make changes in rapid fashion to react to customers.

Answers

This is true that Hypothesis-driven analysis lets a firm move very quickly and make changes in a rapid fashion to react to customers.

In hypothesis-driven thinking, the problem is presupposed early on in the process. Your best, most knowledgeable guess for solving a puzzle is a hypothesis. It shouldn't just be an educated guess; rather, it should be supported by prior data analysis or experience.

A product can be developed, tested, and rebuilt by product designers using the hypothesis-driven development prototype technique until the users are satisfied. It is an iterative process that investigates project-related assumptions and seeks to validate them through user input.

The majority of scientific study is hypothesis-driven. That is, it aims to answer a question that is precise, quantifiable, and answerable, even though it may be a step between it and the ultimate goal.

Complex problem resolution is greatly facilitated by hypothesis-driven approach. It is simpler to formulate and test hypotheses when the problem is divided into smaller components. And you may determine whether your hypothesis was accurate by examining the outcomes.

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The general consensus in the marketing research industry is that secondary data collection methods are losing their significance.

a. True
b. False

Answers

False. Secondary data collection methods are not  losing their significance. Market research is practice of evaluating  viability of a new service or product by interviewing prospective customers firsthand. Although it is frequently utilized for research papers, secondary data can also be used in marketing.

Market research enables a business to identify target market and obtain consumer comments and other input regarding their interest in good or service. Data that was previously gathered for a purpose other than current investigation is referred to as secondary data. It consists of information that has previously been gathered, usually by another person or group.

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A firm based in mexico has found its growth is restricted by the limited liquidity of the mexican capital market. what are the firm’s options in this situation?

Answers

The searching companies can work for equity or debt loans in order to raise money on global capital markets. The debt of a foreign institution, lender, and other debt suppliers is also an option to raise money in the capital market. As equity loans include the sale of equity to investors, the issue of bonds is part of debt loans. Capital costs are usually less than in the domestic market and the company can even borrow money from the bank. And enterprises need to be very careful to take into account the risk of adverse exchange rates because, if the peso is to be depreciated, they should be aware of the cost of acquiring the currency needed to repay a foreign exchange loan.

Moreover, foreign equity, floating foreign or Eurobonds offerings, or borrowing on the Euro currency markets may be considered by the Mexican firm. The euro currency market would then certainly provide the company with additional funding at a lower rate domestically. And if the peso decreases in the next 2 years, the company has to repay the credit in a different currency unless the company can use the future market. The value of euro currency loans would definitely be reduced.

We can recognize that the use of both foreign and euro bonds has the same disadvantages as the bonds have to be repaid in an anti-peso currency. The international bond market has important points that are worth considering, given the fewer regulations, disclosure requirements, and fiscal implications if the currency risk can be properly analyzed and minimized. Since the foreign equity market requires no payment to its stockholders and also has the greatest independence from its actions, it is perhaps the most attractive for the company. So, if the hesitations are to be overcome, investors will likely have loan strong growth prospects.

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Price discrimination is a rational strategy for a profit-maximizing monopolist when?.

Answers

Price discrimination is a rational strategy for a profit-maximizing monopolist where a monopolist is a price taker.

What is monopoly?

A monopoly is a dominant position of an industry or a sector by one company, to the point of excluding all other viable competitors. Monopolies are dangerous because they can become immensely powerful and use this power to further benefit themselves and gain even more power. A monopolist can raise the price of a product without worrying about the actions of competitors. In a perfectly competitive market, if a firm raises the price of its products, it will usually lose market share as buyers move to other sellers.

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To calculate a company’s debt/equity ratio, the needed information is found on the?

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To calculate a company’s debt/equity ratio, the needed information is found on the Statement of financial condition (aka Balance Sheet).

The fairness ratio is a monetary metric that measures the amount of leverage used by a corporation. It makes use of investments in belongings and the quantity of fairness to decide how well an organization manages its debts and funds its asset necessities.

The debt-to-equity ratio is a monetary ratio indicating the relative percentage of shareholders' fairness and debt used to finance a business enterprise's belongings. carefully associated with leveraging, the ratio is likewise called risk, gearing, or leverage.

The equity ratio is calculated by using dividing total equity by overall property. each of these numbers without a doubt includes all the accounts in that category. In other phrases, all the assets and equity reported on the stability sheet are blanketed within the fairness ratio calculation.

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______ is credited with identifying the aesthetic and efferent stances toward reading.

Answers

Answer: Rosenblatt

Explanation:

When analyzing a monopolistically competitive business, how would you say it is inefficient?

Answers

It is inefficient as its production is not at the minimum of its average cost curve.

In what ways is a monopolistically competitive firm inefficient?

Because it does not produce at the minimum of its average cost curve or where P = MC, a monopolistically competitive firm is inefficient. As a result, a monopolistically competitive firm would typically produce less at a higher cost and charge more than a perfectly competitive firm.

Is monopolistic competition more efficient than monopoly?

The market is less productively and allocatively efficient than a monopoly, but more so than the ideal competition. However, they might also be dynamically inventive in terms of new products or production methods.

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If idle resources are put to use and more output is produced in an economy, there will be:____.

Answers

When idle resources in an economy are then put to use and more output is produced, this leads to economic growth.

What happens when idle resources are used?

In order to produce goods and services in a country, there are resources that are needed such as capital, land, and labor.

This means that if there are no resources, there will be no production. When there are idle resources, production could be happening but isn't which is a waste.

When these idle resources are therefore used, there will be increased production in an economy.

Increased production points to economic growth which only happens when production increases in a nation.

In conclusion, idle resources being used will lead to economic growth.

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Answer:

economic growth

Explanation:

According to the U.S. Department of Labor Statistics, one of the most hazardous activities health care workers perform is

Answers

Manual handling is one of the most hazardous activities performed by health care workers. Over a third of all occupational injuries are a result of manual handling. These include repetitive strain injuries of various kinds and musculoskeletal diseases (MSDs) associated with workplace, such as discomfort and damage to arms, legs, and joints.

Lifting, lowering, pushing, tugging, and carrying are just a few of many tasks that go under umbrella of manual handling . Injury is possible if any of these activities are not completed correctly. Injury caused by manual labor can have major repercussions for both the employer and health care workers.

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Which economic model reveals the variety of options for what to do with your scarce time? supply curve demand curve income distribution curve production possibilities curve

Answers

Production possibilities curve  the economic model reveals the variety of options for what to do with your scarce time

This is further explained below.

What is the economic model?

Generally, Economists use economic models to make predictions about economic behavior, which can then be verified against actual data. Because there are no objective metrics of economic results, an economic model must be subjective in construction.

In conclusion, The economic model's production possibilities curve demonstrates how many ways you can spend your limited time.

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Answer:

production possibilities curve

Explanation:

I got it right on my test!

Current account and ______ account are the two major components of a statement that summarizes all debit and credit transactions of one country with the rest of the world.

Answers

current account and 2 years after acount are the two major components of a statement that summarizes all debit and credit transactions of one country with the rest of the world.

The maximal velocity v(max): the maximal velocity v(max): is obtained when approximately an equal amount of enzyme is in the ""free"" form vs. the es form. is obtained when approximately

Answers

The maximal velocity v(max) is obtained when approximately all of the enzyme is in the ES form and when it is dependent upon kcat as this parameter measures the efficiency of the slowest step of the enzyme after ES formation.

Maximal velocity V(max) does depend on the enzyme concentration though all the enzymes are catalysts, because it is just a rate, as mol/sec more enzyme will convert more substrate moles into product.

Here V(max) is equal to the product of the catalyst rate constant (kcat) and the concentration of the enzyme. Kcat is the first-order rate constant which determines the reaction rate when the the enzyme is fully occupied at a saturating concentration of the substrate.

Hence, the answer is given and explained above.

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