Clarice's Campground is the only campground located in Abilene, Texas. Clarice's Campground's demand curve is
a. perfectly inelastic
b. horizontal
c. perfectly elastic
d. the market demand curve
e. upward sloping

Answers

Answer 1

The demand curve for a product represents the relationship between the quantity demanded and the price of the product. In the case of Clarice's Campground, the demand curve represents the relationship between the number of campers and the price of camping. Option b is Correct.

There are several types of demand curves, including:

Perfectly inelastic demand: The quantity demanded is constant regardless of the price, indicating that a small change in price has a large impact on the quantity demanded.

Horizontal demand: The demand is constant at every price, indicating that the quantity demanded does not change with a change in price.

Perfectly elastic demand: The quantity demanded is very sensitive to changes in price, with a small change in price resulting in a large change in quantity demanded.

The market demand curve: The demand curve that represents the total quantity demanded by all buyers in a market.

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Related Questions

List 20 items in your home that are made of fabrics and fibers plzzzzzzzzzz i need help

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clothing, furniture, blankets, bags, pillow cases, mattresses, sewing fabric, bed skirts, comforters, curtains, drapes, mattress cover, oven mitts, pencil pouches, towels, sheets, pencil pouch, lunch box, hair bands

How to inflate myself like a balloon

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Answer:

get airget more air                    There you go :)get even more air                       I'll see you in the moon :0drink the air

Which is the most common use of a checking account?

Answers

Answer:

to store money

Explanation:

what could you do to avoid a miscommunication with a friend

Answers

be very clear & make sure you get your point through honestly

Which describes absolute advantage?

A.) ability to produce more cheaply
B.) existence of lower opportunity costs than competitors
C.) performance of a particular productive task within an economic system
D.) best alternative given up by a particular production decision

Answers

A producer has an absolute advantage over its rivals when it can create an item or service in a higher volume for the same price, or in the same volume at a cheaper price.

Which describes absolute advantage?

The capacity of a producer to outproduce a rival in terms of production of a products or service. Comparative advantage: When a producer can create a commodity or service for less money than a rival.

The capacity to produce at a lower cost; a comparative advantage over rivals in that there are reduced opportunity costs; Performing a certain productive work well within an economic system is known as specialisation. Protectionism: The presence of restrictions on free commerce.

The capacity of a company to create more and sell more of an item or service than competitors while utilizing the same amount of resources is referred to as having an absolute cost advantage in economics.

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The national-level advisors of CTSOS

Answers

Answer: Students

Explanation:

The National Coordinating Council for Career and Technical Student Organizations (CTSO) advocate for the values that the Career and Technical Education (CTE) curriculum instills in students.

In association with the Association for Career and Technical Education (ACTE), the CTSO work to instill career skills to students in middle school, high school, and post-secondary institutions such as Business, Health science, Information Technology and Finance amongst others.

CTSOs such as Educators Rising and Business Professionals of America encourage and support CTE programs for their members which also has a Federal Support of $1.1 billion.

the sponsor for a project you have been managing sends you an e-mail that he would like to make a small change to the project. what is your response and why?

Answers

The sponsor for a project you have been managing sends you an email that he would like to make a small change to the project. My response would be politely agreeing with the manager and cooperate on changes.

One of the most difficult challenges for project managers is balancing the requirement to regulate project change while avoiding excessive bureaucracy. Other components of the project, such as schedule, resources, money, risks, and quality, can be planned by the project team.

Once all of these plans have been completed and any scope impacts have been considered, it is time to baseline the scope statement and the overall project plan. Most undertakings are conceived and executed in an uncertain environment. Projects are designed using assumptions based on the best available knowledge to the project team, but many things might change during the course of a project.

As a result, project teams manage with change by designing and implementing a change control system that includes processes for receiving and reviewing change proposals and accepting or rejecting them after assessing their impact on project scope, cost, and schedule.

Each prospective modification to a project is typically documented by a change request, which is a written request or formal proposal to propose changes to any project planning component, such as a document, project deliverable, or baseline. This means that any changes to a project must be properly proposed.

The prospective adjustment is then accepted or rejected. If it is approved, the project plans are modified to account for the impact of the change.

Many little modifications have minor effects on a project, but when combined, they have a significant influence. Small changes that have little impact on the project's overall performance. Small alterations have no substantial impact on the plan. They do not extend the completion date of project milestones or activities.

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using a perpetual inventory system, how should a company record the sale of inventory costing $460 for $940 on account?

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Under the perpetual system, when inventory is sold, the business must make two entries.

How do you track sales in a perpetual inventory system?

Depending on how the money is received, we will credit Sales Revenue and debit Cash or Accounts Receivable to record sales. However, in order to record the expense for the cost of products sold, we must also match the income received with the expenses incurred (remember the matching principle?).

Which entry comes after the recording of sales when a corporation uses a perpetual inventory system?

Accounts Receivable, Sales Revenue, Cost of Goods Sold, and Inventory are used in the perpetual inventory system. Many accountants would utilize two entries for the transaction, with the first acknowledging income and cash due from the customer and the second

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what company is credited with developing the lean manufacturing revolution

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Toyota is credited with developing the lean manufacturing revolution. The lean manufacturing revolution was pioneered by the Japanese automaker Toyota.

It was developed in the 1950s by Taiichi Ohno, an engineer at Toyota, and is known as the Toyota Production System (TPS). The TPS revolutionized manufacturing by emphasizing the elimination of waste, continuous improvement, and respect for people. It introduced concepts such as just-in-time production, where materials are delivered exactly when needed, and the use of kanban, a visual signaling system for inventory control. The lean manufacturing principles developed by Toyota have since been widely adopted by companies worldwide across various industries to improve efficiency, reduce costs, and enhance quality.

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Is budget towards a new computer a fixed or variable expense?

Answers

A budget isn’t an expense, nor is a new computer rather an asset

One major reason businesses seek investment is to:
A. increase the opportunity cost of making new products.
B. boost their productivity by improving their inputs.
C. give them the ability to ignore production possibilities curves.
D. reduce their need for consistent financial growth.

Answers

One major reason businesses seek investment is to boost their productivity by improving their inputs. Option B is correct.

What is Investment?

A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.

An investment always involves the expenditure of some resource today time, effort, money, or an asset—in the anticipation of a future return greater than the initial investment.

For instance, an investor might buy a financial asset right away with the hope that it would provide income later on or that it can be sold for a profit at a higher price.

Thus businesses seek investment is to boost their productivity by improving their inputs in order to maximize wealth of owners of the business.

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Suppose there is an increase in the price of steel. We would expect the supply curve for steel beams to Group of answer choices shift rightward. shift leftward. become flatter. remain unchanged.

Answers

The correct option is B, Suppose there is an increase in the price of steel. We would expect the supply curve for steel beams to shift leftward.

A supply curve is a graphical representation of the relationship between the quantity of a product or service that suppliers are willing to offer and the price at which they are willing to sell it. In general, the supply curve has an upward slope, indicating that suppliers are willing to offer more of a product at higher prices. This is because as prices rise, the profit margins for suppliers increase, making it more attractive to produce and sell the product.

The supply curve is affected by several factors, including the cost of production, the availability of resources, and the level of competition in the market. Changes in these factors can shift the supply curve, leading to changes in the quantity supplied at each price level. For example, if the cost of production increases, the supply curve will shift to the left, indicating that suppliers are willing to offer less of the product at each price level.

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all the following are reasons to invest, EXCEPT

all the following are reasons to invest, EXCEPT

Answers

Answer:

B

Explanation:

all four areas of social responsibility for firms (economic, legal, ethical, and discretionary) are of equal importance in a firm's overall level of social responsibility.

Answers

A company's overall level of social responsibility depends on all four dimensions of corporate social responsibility: economic, legal, ethical, and discretionary. This statement is true.

Corporate social responsibility, or CSR, is a business strategy that takes into account how an organization affects society, its workforce, and other stakeholders. CSR is used to reduce harm, conduct ethical business, be accountable along the entire global supply chain, engage in philanthropy, and develop a self-directed human resource management system.

Throughout the 1950s and 1960s, social activist organizations (as well as others) promoted corporate social responsibility. The message to be socially and environmentally conscious, however, didn't become crystal evident until the 1970s.

Carroll's methodology establishes consistency in an area lacking a precise, predetermined definition. However, since this model was created in 1991, it is no longer relevant in the current corporate climate.

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Correct question:

All four areas of social responsibility for companies (economic, legal, ethical, and discretionary) are equally important to a company's overall level of social responsibility. True or false.

If you are planning for developing your career as a photographer then what are the stages that you have to go through. Explain it.​

Answers

Answer:

A career as a photographer can be an exciting avenue for creative expression, as photographers have the opportunity to work in many settings and meet diverse people. Yet it is also a technically demanding profession, so those interested in becoming photographers must consider the training they will need before committing to this career path. It is also important to know how photographers compare to similar careers in terms of education requirements, average salaries and projected job growth rates. This guide provides in-depth information that can help readers decide if a photography degree can put them on the right career path.

Explanation:

:-). ✓✓✓✓✓✓✓√√√√√√√√√√√

an operating segment is significant if its assets are percent or more of the combined assets of all operating segments. T/F?

Answers

False. An operating segment is considered significant if its assets are 10 percent or more of the combined assets of all operating segments.

According to accounting standards and reporting guidelines, an operating segment is deemed significant if its assets meet a certain threshold compared to the combined assets of all operating segments. The commonly accepted threshold is 10 percent or more. In other words, an operating segment's assets must account for at least 10 percent of the total assets of all operating segments combined to be considered significant.

This criterion helps in identifying and reporting on segments that have a substantial impact on the overall financial position and performance of the entity. It allows stakeholders to assess the significance of each segment in relation to the entire business.

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Why would My future job be a flight attendant

Answers

Answer:

if you like to travel and be on planes and get that bag then be a flight attendant :) do what you want to!

Explanation:

15 points In a paragraph of 125 words, explain the importance of market research, being sure to include the four basic steps and the two ways to gather information.

Answers

Answer: Marketing research can give a business a picture of what kinds of new products and services may bring a profit. For products and services already available, marketing research can tell companies whether they are meeting their customers' needs. By researching the answers to specific questions, small-business owners can learn whether they need to change their package design or tweak their delivery methods--and even whether they should consider offering additional services.

Collecting primary research can include:

Interviews (either by telephone or face-to-face)

Surveys (online or by mail)

Questionnaires (online or by mail)

Focus groups gathering a sampling of potential clients or customers and getting their direct feedback

Two ways to gather this information would be asking questions and gathering data from trusted sites or books.

Explanation:

Market research is crucial for businesses to make informed decisions, create products and services that meet the needs of their customers, and stay ahead of the competition. It helps to reduce business risk, improve marketing strategies, and stay up-to-date with the latest market trends.

What is the scope of marketing research?

The areas or components that are examined within marketing research are referred to as their scope. To put it another way, it suggests the domains or contexts in which marketing research can be used. Marketing research actually has an impact on practically every aspect of marketing management.

Market research is the process of gathering and analyzing information about the target market for a product or service. It is a crucial step in the business decision-making process as it helps companies to understand the needs, preferences, and behavior of their target audience.

Market research helps companies identify the needs and preferences of their target audience. This helps companies to create products and services that meet the needs of their customers, leading to increased sales and customer satisfaction.

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Does a product always have to sell for the same price​ everywhere? Briefly explain.
A.
No. The law of one price only holds exactly for a particular geographic location.
B.
Yes. The law of one price always holds exactly.
C.
No. The law of one price only holds exactly when transactions costs are zero.
D.
No. The law of one price only holds exactly when arbitrage is not possible.
E.
No. The law of one price only holds exactly when price discrimination is possible.

Answers

D. No, the law of one price only holds exactly when arbitrage is not possible.

This means that if there are no barriers or costs preventing people from buying a product in one location and selling it in another location for a higher price, then the product will sell for the same price everywhere. However, if there are any barriers or costs such as transportation costs, taxes, tariffs, or legal restrictions, then the price may differ in different locations. For example, a product may be cheaper in a country where it is produced and more expensive in a country where it is imported due to taxes or tariffs. Similarly, a product may be cheaper in a city where it is produced and more expensive in a city where it is not produced due to transportation costs. Therefore, a product does not always have to sell for the same price everywhere, and the law of one price only holds exactly under certain conditions.

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What is an appropriate response when an interviewer asks what salary you are looking for
during your initial interview? Would the response change if you'd been given an offer?

Answers

Thank you I will gladly take the offer

Which of the following refers to a nonprobability sample in which the researcher uses his or her evaluation techniques to select population members who are good prospects for accurate information?

A) quota sample

B) judgment sample

C) convenience sample

D) stratified random sample

E) simple random sample

Answers

The correct answer is B) judgment sample. A judgment sample is a nonprobability sampling technique where the researcher uses their own judgment and expertise to select participants who are considered to be good prospects for providing accurate information.

In this approach, the researcher relies on their evaluation techniques and subjective judgment to choose individuals or cases that they believe will be representative or knowledgeable about the research topic.

Unlike probability sampling methods that aim to provide a random and unbiased representation of the population, judgment sampling involves a more subjective selection process. The researcher's judgment is based on their knowledge, experience, and understanding of the research context. This sampling method is often used when the population of interest is small or when specific expertise or characteristics are required for accurate information.

Other options listed:

A) Quota sample: A quota sample is a nonprobability sampling technique where participants are selected to fulfill certain predetermined quotas based on specific characteristics, such as age, gender, or occupation. Quota sampling is often used to ensure a proportional representation of different subgroups within a population.

C) Convenience sample: A convenience sample is a nonprobability sampling technique where participants are chosen based on their convenience and accessibility to the researcher. This method involves selecting individuals who are readily available or easily accessible, often resulting in a sample that may not be representative of the entire population.

D) Stratified random sample: A stratified random sample is a probability sampling technique where the population is divided into distinct subgroups or strata, and random sampling is conducted within each stratum. This method ensures representation from different subgroups within the population and allows for more precise estimation of population parameters.

E) Simple random sample: A simple random sample is a probability sampling technique where each member of the population has an equal chance of being selected. This method is based on random selection, ensuring that every individual in the population has an equal and independent probability of inclusion in the sample.

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There are three categories of income tax filers in the United States: those who never evade taxes, those who sometimes do it, and those who always do it. An examination of audited tax returns from one year to the next shows that of those who did not evade taxes last year, 95% continue in the same category this year, 4% move to the "sometimes" category, and the remainders move to the "always" category. For those who sometimes evade taxes, 6% move to "never," 90% stay the same, and 4% move to "always." As for the "always" evaders, 0% move to "never" category, 10% move to "sometimes" category, and 90% stay the same. a) Define the state space for the above process and show that it can be modeled as a Markov Chain. b) Construct the one step probability transition matrix. c) Identify the recurrent and transient states and determine the classes for the matrix you constructed in part (b) d) Is it possible to find limiting probabilities for this Markov Chain? Explain. e) Suppose that in 2019 a citizen is labeled in "always" category. Find the probability that she will be in "sometimes" category in 2021 .

Answers

Each state represents the category of income tax filers: Never (those who never evade taxes), Sometimes (those who sometimes evade taxes), and Always (those who always evade taxes).

This process can be modeled as a Markov Chain because the transition from one state to another only depends on the current state and not on the history of transitions. The probabilities of transitioning between states are fixed and do not change over time. The one-step probability transition matrix, P, can be constructed as follows:If a citizen is labeled in the "always" category in 2019, the probability that she will be in the "sometimes" category in 2021 can be found by multiplying the corresponding transition probabilities: and Always (those who always evade taxes).

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which benefits does efficient supply chain management provide retailers concerning product availability?

Answers

The correct option is C ;   Better fashions , Efficient supply chain management is critical for retailers because it may give a strategic advantage through increased product availability (fewer stockouts and specialized assortments) and inventory turnover, as well as a greater return on assets.

Inventory and overhead expenditures have been reduced. A well-managed supply chain may eliminate the need for inventory, lowering the overhead expenses associated with storage and security.

A very low inventory, on the other hand, puts strain on distribution networks and diminishes resilience to supply chain shocks.

Effective supply chain management allows businesses to enhance product flow by accurately estimating demand and sales, as well as improving inventory management to stop the bullwhip effect and avoid underproduction.

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Full Question ;

Which of the following is NOT a benefit of efficient supply chain management?

A. improved product availability

B. fewer stockouts

C. better fashions

D. higher return on investments

E. strategic advantage

what is the ""pathology of the poor?"" is it accurate to use the word pathology in the context of talking about the poor? what does tanf do to address the ""pathology of the poor?

Answers

The term "pathology" typically refers to the study of diseases or disorders. Therefore, it is not accurate to use the term "pathology of the poor" as it suggests that being poor is a disease or disorder. Temporary Assistance for Needy Families (TANF) aims to address these issues by promoting job preparation, work, and family stability, thereby breaking the cycle of poverty and improving overall well-being.

The term "pathology of the poor" generally refers to the negative social, economic, and health-related conditions experienced by people living in poverty. It is not completely accurate to use the word "pathology" in this context, as it originally pertains to diseases and medical conditions. However, it has been used metaphorically to describe the cycle of poverty and its associated issues. Rather, poverty is a socioeconomic condition that is often caused by systemic factors such as limited access to education, employment opportunities, and healthcare.

The Temporary Assistance for Needy Families (TANF) program aims to address poverty by providing financial assistance to low-income families, promoting job preparation and work, and offering support services such as childcare and transportation. TANF does not address any supposed "pathology of the poor," but rather provides assistance to individuals and families who are struggling to make ends meet due to economic circumstances.

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A manager is holding a $1.2 million stock portfolio with a beta of 1.01. She would like to hedge the risk of the portfolio using the S&P 500 stock index futures contract. How many dollars’ worth of the index should she sell in the futures market to minimize the volatility of her position?

Answers

Answer:

the  number of dollars should sell in the future market is $1.01 million

Explanation:

The computation of the number of dollars should sell in the future market is given below:

= Portfolio of the stock × beta

= $1 million × 1.01

= $1.01 million

hence, the  number of dollars should sell in the future market is $1.01 million

We simply multiplied the two items so that the amount could come

Hence, the same would be relevant

gains tax I) means that the investor doesn't need to pay taxes until the investment is sold. II) allows the investment to grow at a faster rate. III) means that you might escape the capital gains tax if you live long enough. IV) provides a tax shelter for investors.

Answers

Answer:

I), II), IV)

Explanation:

Deferral has a dictionary meaning of halting things for a while up till a certain future event.

Deferral of capital gains tax means not paying the capital gains tax up till the actual sales is made of investments attracting the capital gains tax.

It further helps the investor to focus on returns rather than the capital gains tax to be attracted and paid, which also allows the investment to grow fully.

It is a form of tax benefit to investors thus, it acts as a shelter.

Further, in no terms deferral of capital gains tax shall mean non payment of tax, as once the investment is sold the tax has to be deposited.

Personal finance paper pt.1​

Personal finance paper pt.1

Answers

Not that the tax that provides for medical benefits is Medicare Tax.

What is the Medicare Tax and how does it relate to the W-4?

Medicare tax is routinely collected from your salary to fund Medicare Part A, which provides hospital insurance to seniors and persons with disabilities. Employers and workers divide the entire tax amount, with each paying 1.45% of the employee's salary.

The employee Social Security tax rate is 6.2%, and the employer Social Security tax rate is similarly 6.2%. As a result, the overall Social Security tax rate is 12.4%. Your paycheck only contains the employee part of the Social Security tax.

The employee Medicare tax rate is 1.45%, and the employer Medicare tax rate is similarly 1.45%. As a result, the overall Medicare tax rate is 2.9%.

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Question:

Which Tax provides for medical benefits?

A) FICA Tax

B) Federal Income Tax

C) Social Security Tas

D) Medicare Tas

elizabeth (37) is married, but she lived apart from her husband, leo, for the last three months of the tax year. elizabeth and leo are not divorced or legally separated. they agree that they do not want to file a joint return. they share custody of their two children, who spend an equal amount of time with both parents. given the circumstances, what filing status will elizabeth need to use?

Answers

Elizabeth will need to use the filing status of "head of household". This status applies if she is unmarried and has paid more than half of the costs of keeping up her home for the tax year, and a qualifying person, in this case, her two children, lived with her for more than half of the year.

Head of household is a term used to describe the person who is responsible for the day-to-day management of a household. This person is often the primary wage earner in the family, but in some cases, it may be someone who is responsible for taking care of the family’s home and managing the family’s finances. The head of household can be a single parent, a married couple, or even an unmarried couple living together. The role of head of household is one of the most important in any family. It is the head of the household’s responsibility to provide for the family, ensure that all bills are paid, and manage the household budget. This includes making decisions about what to buy, what to save, and how to invest the family’s money.

The head of the household also makes sure that the family is taken care of emotionally and physically. This includes providing love and support, setting boundaries, and teaching values. The head of household is responsible for setting a good example for the rest of the family, and ensuring that everyone is happy, healthy, and living a good life.

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Joseph is trying to select a new couch for his living room. As he looks at each couch at the furniture store, he tries to visualize how it would look in his living room at home. Joseph is using _____ to help him determine which couch to buy

Answers

Joseph is using visualization to help him determine which couch to buy.

Joseph's process of visualization plays a crucial role in helping him determine which couch to buy for his living room. As he explores each couch at the furniture store, he actively engages his imagination to envision how it would look in his own living room. This mental exercise allows him to mentally place the couch within the context of his home environment, considering factors such as size, color, style, and how it complements his existing decor.

By visualizing the couch in his living room, Joseph can gauge whether it will harmonize with the overall aesthetic and layout of the space. He considers how the couch will fit in terms of dimensions, ensuring it neither overwhelms nor gets lost in the room. Joseph takes into account the color scheme, contemplating whether the couch will be a complementary or contrasting element within the existing palette.

Furthermore, visualization enables Joseph to assess the functionality and practicality of each couch. He imagines himself and his family members sitting, lounging, or entertaining on the couch, considering aspects like comfort, seating capacity, and usability. Joseph also envisions the placement of the couch, mentally arranging and rearranging furniture in his living room to find the optimal configuration.

Through this visualization process, Joseph is able to mentally project and assess the potential outcome of each couch in his living room. This aids him in making an informed decision based on his preferences, lifestyle, and the specific needs of his living space. By relying on his imaginative faculties, Joseph ensures that the chosen couch not only meets his aesthetic preferences but also seamlessly integrates into his living room, creating a cohesive and visually appealing environment.

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What is a typical first transaction for a business?
a) Purchase of a building
b) Withdraw cash from company's bank account
c) Invests cash into business
d) Purchase Land

Answers

I think the answer is “A”
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