if a monopolist engages in first-degree price discrimination, it will produce the same output level as a perfectly competitive industry.

Answers

Answer 1

First-degree price discrimination, also known as perfect price discrimination, is when a seller charges each customer the maximum amount they are willing to pay.

This means that each individual customer pays a different price, which is equal to their willingness to pay. The monopolist engaging in first-degree price discrimination can produce a different output level than a perfectly competitive industry. This is because a perfectly competitive industry produces an output level that is equal to the point where marginal cost equals marginal revenue, while a monopolist produces an output level where marginal cost equals marginal revenue and marginal revenue equals the price. For a perfectly competitive industry, the price is set at the equilibrium point where supply equals demand. On the other hand, for a monopolist engaging in first-degree price discrimination, the price is set at the point where the customer's willingness to pay equals marginal cost. Therefore, it is possible for a monopolist engaging in first-degree price discrimination to produce a higher output level than a perfectly competitive industry.

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Related Questions

1. Research new emerging forms of financing for social economy organizations. How are they managing risk? 2. In your opinion, what are the two key points the social entrepreneurs can do to increase th

Answers

New emerging forms of financing for social economy organizations Several new forms of financing have emerged to fund social economy organizations. Here are some of them:Social impact bonds (SIBs), SIBs are outcome-based investment instruments in which private investors provide upfront capital to social organizations, with returns linked to measurable social outcomes.

Social venture funds invest in social organizations, often start-ups or early-stage enterprises that are expected to generate both financial and social returns. Crowdfunding involves collecting small amounts of capital from a large number of people, primarily through online platforms.

Risk management techniques used by social economy organizationsEmerging financial tools have emerged to help social economy organizations to manage risks. These tools include, Insurance products are available to mitigate financial risks that may arise due to natural disasters or business interruptions.

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a trial balance prepared after adjusting entries are posted.

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A trial balance is a statement that lists all the accounts in the general ledger and their respective balances at a specific point in time.

It is usually prepared at the end of an accounting period to ensure that the total debits equal the total credits and that all transactions have been recorded accurately. However, a trial balance prepared before adjusting entries may not reflect the correct balances of certain accounts, such as prepaid expenses, accrued revenues or expenses, and depreciation.

To correct these errors, adjusting entries are made at the end of the accounting period to update the balances of the affected accounts. After these entries have been made, a new trial balance is prepared to ensure that the accounts have been adjusted correctly and that the total debits still equal the total credits.

Therefore, a trial balance prepared after adjusting entries are posted reflects the accurate balances of all accounts, including those that were previously adjusted. This ensures that the financial statements prepared from this trial balance will provide a true and fair view of the company's financial position and performance.

It is a critical step in the accounting process and provides a basis for preparing accurate financial statements and making informed business decisions.

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Mergers and acquisitions associated with conglomeration result
in yet another major trend

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Mergers and acquisitions in conglomeration lead to a significant trend: diversification. By combining different business , companies expand their operations into new industries, creating diverse portfolios and reducing risk.

Mergers and acquisitions (M&A) in the context of conglomeration refer to the consolidation of different companies or businesses into a single entity.

process typically leads to the formation of conglomerates, which are large corporations with diversified business interests across various industries.

One major trend associated with conglomeration through M&A is diversification. By merging with or acquiring businesses operating in different sectors, companies aim to broaden their portfolio of products, services, and markets. This diversification strategy allows them to reduce their reliance on a single industry or market segment, thereby spreading their risks.

Diversification provides several advantages. First, it enables companies to tap into new revenue streams and customer bases. By expanding into different industries, they can reach a broader audience and capitalize on the growth potential of multiple sectors. Second, diversification helps companies hedge against economic downturns or industry-specific risks. If one sector experiences a decline, the overall impact on the conglomerate's financial performance can be mitigated by the strength of other diversified business units.

However, it is worth noting that conglomeration through M&A is not always successful. Integration challenges, cultural clashes, and the management of diverse businesses can pose significant difficulties. Moreover, some argue that conglomerates may become too unwieldy to manage effectively, potentially resulting in decreased operational efficiency and slower decision-making processes.

Nonetheless, the pursuit of diversification through mergers and acquisitions remains a notable trend in the world of business, driven by the desire to expand market reach, reduce risk, and explore new opportunities across multiple industries.

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beginning work-in-process is 6,400 units; 63,300 units completed, and ending work-in-process is 7,450 units, which are 100% complete for direct materials and 50% complete for conversion costs. the beginning wip inventory is 100% complete for direct materials and 50% complete for conversion.

Answers

The equivalent units of production for direct materials are 69,150, and for conversion costs are 65,925.The total equivalent units of production for direct materials are 69,150 (6,400 + 63,300), and for conversion costs, it is 65,925 (6,400 + 63,300 + 3,725).

Equivalent units of production are a measure used in process costing to account for partially completed units. In this scenario, we have three components to consider: beginning work-in-process (WIP), completed units, and ending WIP.

For direct materials, both the beginning WIP (6,400) and completed units (63,300) are fully processed, so they are counted as equivalent units.

For conversion costs, the beginning WIP (6,400) is 50% complete, so 50% of those units (3,200) are counted as equivalent units. The completed units (63,300) are fully processed. The ending WIP (7,450) is 50% complete, resulting in 3,725 equivalent units.

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golden company had the following accounts and balances at the end of the year. what are total assets at the end of the year?

Answers

The golden company had the following accounts and balances at the end of the year. Accounts Payable $18,000 are total assets at the end of the year.

The assets is a set of collection like stock, gold etc, which has the chance to increase the price of the current market-price.

The accounts payable is the amount that transact after the selling of the gold products. It can include the depositing funds, and card transaction. The importance of asset is basically give strong impact on the IPO time, more investor can invest in the business if they have more assets.

The more assets reflects the good image of the business or company and show it is financially well and earn profitable by the selling more goods or services.

The Accounts Payable $18,000 are total assets at the end of the year.

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Mayree is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selecting hard-to-find books and magazines that her clientele enjoy. Recently, Mayree is experiencing a cash flow shortage, and she is concerned that she may be purchasing too many copies of each title. Having recently completed a business class, you suggest to Mayree that she calculate the ______________ ratio for her store, and then compare it to other stores in her industry.Multiple Choice

Answers

Answer:

Inventory turnover

Explanation:

From the question we are informed Mayree who is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selecting hard-to-find books and magazines that her clientele enjoy. Recently, Mayree is experiencing a cash flow shortage, and she is concerned that she may be purchasing too many copies of each title. Having recently completed a business class, I can suggest to Mayree that she calculate the Inventory turnover ratio for her store, and then compare it to other stores in her industry. Inventory turnover can be regarded as rate at which particular company make sales of it's stock of goods and make replacement of its stock of goods during a particular period.

The inventory turnover ratio can be regarded as formula which is cost of goods that is been sold divided by average inventory within the same period.

Mathematically,

inventory turnover=[Net sales/ Average inventory at particular selling price]

Todd, a travel agent, lost his job due to no need for his skill. This is an
example of what type of unemployment?
A. Cyclical unemployment
O
B. Voluntary unemployment
C. Structural unemployment
D. Frictional unemployment

Answers

The answer is be because the he chose to leave I think

You scheduled a meeting with your banker to discuss your findings. How will you fine-tune your product to incorporate your market research?

Answers

Answer:

5 Simple Steps to Fine-Tune Your Digital Marketing Planwww.convinceandconvert.com › digital-marketing › fi...

Were results good, targets met, and goals achieved? Or did your plan totally miss the mark? If you don't review what you did, how will you know what worked

Explanation:

Some people argue that government should not be so involved in consumer protection. What are some arguments for and against this opinion?

Answers

Markets function properly when consumers and corporations are both protected. Consumers must have access to reliable, unbiased information about the goods and services they choose to buy.

What do you mean by a consumer?

A consumer is a person or a group that is not directly involved in entrepreneurial or business operations and who intends to order or uses purchased items, products, or services primarily for personal, social, family, or household needs.

The phrase is most frequently used to describe someone who makes purchases for their own use. A consumer in an economy purchases goods or services primarily for personal use rather than for resale or for commercial objectives.

The price that consumers pay for the goods or services is followed by consumption. As a result, consumers are an essential component of any economy and play a crucial role in the economic system of a capitalist society.

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Which of the following is not a life role category?
O Risk Taker
O Worker
O Family Member
O Learner

Answers

Risk Taker is not a life role category.

A life role is a set of expectations, behaviors and attitudes that a society assigns to a person based on their gender, age, social status, race or other factors. For example, in many cultures women are expected to be loving, nurturing and care-givers, while men are expected to be strong, provider-types.

Life roles help to define how we see ourselves and how we are seen by others. They can be a source of satisfaction and fulfilment, but they can also be a source of stress and frustration if they do not fit with our own personal aspirations and identity.

Hence, the correct option is "First".

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The shrimp cocktail appetizers for a large dinner party at a fine dining

establishment were stored at the wrong temperature and then served.

Several of the guests became ill. Who is most likely responsible?

А

Garde manger

B

Maître D

Prep cook

D

Patissier

Answers

C - Prep Cook is most likely responsible.

Who is most likely responsible?The garde manger is most likely responsible for the shrimp cocktail appetizers being stored at the wrong temperature and then served, resulting in several guests becoming ill.The garde manger is a specialized chef that is responsible for the cold food preparations, such as salads, hors d'oeuvres, and cold buffets. Therefore, it is the garde manger's responsibility to ensure that all food items are stored and served at the proper temperatures, as well as making sure that food is properly prepared and presented.The maître d' is responsible for the overall management of the dining room and ensuring that all the guests are served in a timely and professional manner, while the prep cook is responsible for preparing items such as vegetables, soups, and sauces.The patissier is responsible for baking items such as pies and cakes. In this case, the garde manger is most likely responsible for the shrimp cocktail appetizers being stored at the wrong temperature and then served, resulting in guests becoming ill.

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what objects are necessary for the formation of shadows ?​

Answers

Answer:

The following three things are required for a shadow to form:

a source of light.

an opaque object.

a screen or surface behind the object.

What is interpersonal skills for kids?

Answers

Early childhood development is reliant on interpersonal interactions, and these interactions have an effect that goes beyond the early child's life, influencing future learning and development at the cognitive, linguistic, socioemotional, and physical levels.

The care provided will support the child's best growth pathways, promoting their future participation in society and optimal functioning. Caregivers who are conscientious and recognize the importance of their contacts with the kid in the early years of life.

According to Bronfenbrenner and Evans, children learn and develop as a result of their interactions with their surroundings. Also widely known and supported by the results of epigenetic studies is the impact of early experiences on the structure and operation of the brain.

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NEED ASAP
What are the steps for properly carrying an item

Answers

Answer:

Do not twist or turn the body; instead, move your feet to turn. Your hips, shoulders, toes, and knees should stay facing the same direction. Keep the load as close to your body as possible with your elbows close to your sides. If you feel fatigued, set the load down and rest for a few minutes.

Explanation:

what is the process of decision-making plan?​

Answers

The process of decision-making plan refers to the process that involves making and evaluating each set of interrelated decisions.

What is decision making plan?

Decision making plan is when different possible solutions to problems are identified whilst making use of the most feasible course of action.

The decision-making process is essential for any organization hence helps in choosing the best decision to reach the objectives and goals.

Steps to the process of decision-making plan includes :

Identify the decision.Gather relevant information.Identify the alternatives.Analysis of relevant information.Selection of the best alternative.Performance evaluation.

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Under the LIFO retail method, we determine that:__________.
a) a new layer of inventory has been added during the period if the ending inventory at retail is greater than the beginning inventory at cost.
b) the ending inventory at retail is greater than the beginning inventory at retail.
c) the ending inventory at retail is less than the beginning inventory at retail.

Answers

Answer: the ending inventory at retail is greater than the beginning inventory at retail

Explanation:

In the Last-In-First-Out(LIFO) method, it is assumed that the units that are sold are the ones that were recently bought.

Under the LIFO retail method, to determine a new layer at retail, the beginning inventory at the retail will have to be deducted from the ending inventory at retail.

This means that a new layer of inventory will be added when the ending inventory at retail is greater than the beginning inventory at retail.

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

Answers

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

Correct option is A, C, D and E.

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

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

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

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

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Answer:

A,C,D,E

Explanation:

I did it and this was correct.

A global computer network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols.

Answers

Answer:

The correct answer is "Internet".

Explanation:

A global structure of data networks, the collection of several types of networks throughout which the clients at any device will, whether they have the authorization, obtain some technical information from other devices, recognized as an internet. Which utilizes a fraction of that same cumulative capacity of the already additional infrastructure network systems.


Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.

Answers

A family can have more than one person contributing to the household income for a better financial position.

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Employment-at-will allows the employer to fire for any reason, but the employee cannot leave without notice.
True
False

Answers

Answer:

Very extremely true

Which of the following is not one of the major skills and competencies discussed in the chapter needed for trainers to be successful now and in the future?
A) Designing learning space and content in technology-driven environments
B) Use of multimedia tools
C) Delivering and packaging training in different formats for beginners and experts
D) Repurposing live instruction to online instruction

Answers

Repurposing live instruction to online instruction. This is not one of the major skills and competencies discussed in the chapter needed for trainers to be successful now and in the future.

Here is correct answer D,

The chapter discussed a variety of skills and competencies that trainers need for success, now and in the future. These include: professional development and knowledge, instructional design and curriculum development, use of multimedia tools, using technology-driven learning environments, understanding of different learning styles and needs, developing and delivering assessments and feedback, staying up to date with current trends and techniques, and other transferable skills such as communication, negotiation, critical thinking, and problem solving.

All of these skills and competencies are important for trainers to be successful now and in the future. However, repurposing live instruction to online instruction is not one of the skills discussed in the chapter. This skill may be important for trainers in the future, but it is not one of the major skills and competencies discussed in the chapter.

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Read the following.

A former official with the U.S. Treasury, Peter Fisher, once called the U.S. government “a gigantic insurance company.” This is because more than two-thirds of federal government spending goes toward programs set up to protect people from losses. The government provides a payment program for workers and in return promises to help pay for certain losses during some kinds of emergencies. In the United States, workers pay the federal government a certain percent of taxes, and the money is put into giant funds. The citizens can then turn to these programs for financial help when it is needed.

Source: Pew Research Center’s FACTANK, “What does the federal government spend your tax dollars on? Social insurance programs, mostly,” by Drew DeSilver (4/4/2017)

Explain how the federal government could be characterized as offering forms of “insurance.” Introduce the subject. Make two points. Conclude. Your response should be between 75 and 150 words.

Review the rubric for the grading criteria.

Answers

Answer:

Explanation:

Insurance protects people. Many federal government programs protect people from losses.  So the government can be considered as offering insurance. For example workers pay into a program which will provide payments during emergencies. Another case is federal taxes which fund various financial assistance programs. In conclusion, the federal government provide "insurance" to people.

Answer:

Explanation:

Federal government provides programs that are like insurance. That is because the programs support people in need while charging everyone through taxes. Social security is one such program which is an insurance against retirement and you pay social security tax for it. Another is unemployment benefits from the government. It is insurance against losing your job and is paid through taxes.

What facts does Kielburger give to support his claim that the cost of sending every child to school by 2010 is relatively small

Answers

Kielburger's argument is that the cost of sending every child to school by 2010 is relatively small when compared to the potential benefits for both individuals and society as a whole.

Kielburger gives several facts to support his claim that the cost of sending every child to school by 2010 is relatively small. First, he states that it would cost approximately $10 billion per year to provide basic education for all children worldwide, which he argues is a relatively small amount compared to the trillions of dollars spent on other global issues such as military spending and bailouts for financial institutions. Second, Kielburger points out that some developing countries have already made significant progress in increasing access to education despite limited resources. For example, he notes that Ethiopia has doubled its primary school enrollment in the last decade with a budget of just $2.3 billion per year. Finally, Kielburger argues that investing in education is not only a moral imperative but also an economic one. He cites research showing that each additional year of education can increase a person's earning potential by up to 10%, which can lead to higher economic growth and reduced poverty in the long term.

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Fast Bean sells coffee to Federico to brew and drink at home. This is an example of business-to-Blank______ marketing

Answers

Fast Bean sells coffee to Federico to brew and drink at home. This is an example of business-to-Blank vendor marketing.

Opting for marketing merchandisers is an important part of marketing because many companies have the coffers to complete every design in-house. For illustration, you may need a  seller's moxie and coffers too.

Write, design or produce deals literature, advertisements or other creative accouterments.   A company or an existent that sells a good or service is a  seller. Marketing Merchandisers may vend to other businesses, or they may be retailers who vend straight to consumers. An illustration of a  seller is a company that provides force for exchange apparel stores.

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If you can choose to produce
televisions and phones, and you
produce 100% televisions, how many
phones can you produce?
A. 0%
B. 25%
C. 50%
D. 100%

Answers

more than 100% is not possible
answer: A
Your answer is A. 0%

because you are producing 100% tv so you will produce 0% phones.

Jack is an employee at a Best Western Hotel. Some weeks he works with the catering group, and other weeks he assists the reservations clerk or the parking attendant. This is an example of ________.

Answers

Based on the given scenario  this is an example of Job rotation.

Job rotation occur when a person or an individual is not fixed on one particular job or specific job position within an organization.

Such person tend to switch job position or job roles and responsibilities by working in different department.

Example of job rotation is: the person can either work as a receptionist today or work as a customer care officer tomorrow with the same organization.

Some people engage in job rotation in order to gain more skills and experience or to avoid feeling bored.

Inconclusion this is an example of Job rotation.

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there is no right or wrong answer

there is no right or wrong answer

Answers

Well it should be something that expresses yourself. You could even use your name or abbreviation of your name.

If economies of scale exist for a particular production relationship, long-run average costs will a. rise. b. first rise and then fall. c. be unaffected since there is no direct relationship between the two. d. fall.

Answers

If economies of scale exist for a particular production relationship, long-run average costs will generally fall.

Economies of scale refer to the cost advantages that a firm can achieve as its production volume increases. As production levels rise, the firm can benefit from spreading its fixed costs (such as machinery, infrastructure, or research and development) over a larger output. Additionally, the firm may experience efficiencies in production processes, specialization of labor, bulk purchasing discounts, or better bargaining power with suppliers.These factors result in a decrease in the average cost per unit of production, leading to lower long-run average costs. Therefore, the correct answer is option d, fall. As the scale of production increases, the firm can achieve economies of scale and reduce its costs per unit of output.

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Risk can be thought of as the possibility of incurring??

Answers

Answer:

Risk can be thought of as the possibility of incurring a loss.

Explanation:

Loss.

What safety device should be worn when there is danger of fragments being thrown?

Answers

Answer:

gloves i think

Explanation:

Other Questions
Renaissance composers made a distinction between only which types of instruments? The nurse is educating parents of first graders about child sex abuse. What is the most critical information the nurse should convey to the parents?a) One parent is often aware that sexual abuse is occurring.b) Children are willing to tell parents about the abuse if parents ask.c) An adult who abuses a child is usually known to the child.d) Most cases of child sexual abuse are committed by strangers. Please do these 4 questions. It needs to be in standard position. Please please help!!!! Using the information provided, construct a monthly cash budget for October through December 2014. Based on your analysis, will Noble enjoy a surfeit of cash, or require external financing?Sales (20 percent for cash, the rest on 30-day credit terms): 2014 Actual 2014 Projected July August September October November76,000 88,000 266,000 125,000 51,000Purchases (all on 60-day terms): 2014 Actual 2014 Projected July August September October November116,000 122,000 257,000 62,000 27,000Salaries payable monthly 20,000 Principal payment on debt due in December 25,700 Interest due in December 9,000 Dividend payable in December 15,000 Taxes payable in November 19,000 Addition to accumulated depreciation in December4,000 Cash balance on October 1, 2014 34,000 Minimum desired cash balance 15,000 When adding 32.6 to a certain number, the sum is 36.14, as seen below. What number should go in the box to complete the addition problem? 3 Suppose your company has sales throughout the United States, and all sales have an order number that lists the two-letter code for the state, a hyphen, and the order number. (i.e. FL-1234). If you want to isolate the state in order to prepare a sales analysis on a state-by-state level, you can:Split the field by clicking the drop down, select "custom split", and then split on the hyphen, keeping the first column. FINAL PROJECT 2 Fill in the missing areas for Claire's garden table:x 1 2 3 4 5y 14 13 12 11 10A 50If you have the answers for this one please list all of them below with the answer for the table (if you took the test) Exercise 1 Underline the correct pronoun.A woman was expected to quit teaching after (she, her) married. the rage of f(x)= 63^x is all positive real numbers During which phase of mitosis are sister chromatids separated when the mitotic spindle fibers shorten? metaphase telophase anaphase prophase What skills does Northup possess? Select the most appropriate article (if any) to fill in the blank space in the following sentence. Choose as many answers as are correct.It concerns second-class roads toward small towns that already have __ access to their community centre, but the roads between them have not been fixed.1. a2. the3. an4. No article required write an algorithm to generate the first 10 natural number. an object of mass m is launched at speed at angle with respect to the horizontal from a height h. find the horizontal velocity component when the object is at its maximum height g 6 At STP, which substance is a noble gas?1 ammonia2 chlorine3 neon4 nitrogen An ice cube that is 6 cm on each side is melting at a rate of 5cm^3 per minute. How fast is the length of the side decreasing? At the moment when the ice cube is 6cm on each side, the side length is decreasing at a rate of approximately ________ cm per minute? Students filled 6 rows in Level 1 of Section A and 3 rows in Level 3 of Section B. How many students were seated in the auditorium?Number of Seats Per Row in the AuditoriumSection Level 1 Level 2 Level 3A 9 12 14B 12 16 18Which steps are used to solve this problem? Select all that apply. A. Find how many seats are in each of the rows where the students are sitting. B. Add 6 and 3 to find the number of rows that are filled in all. C. Add 9 and 18 to find the number of seats that are filled in each row. D. Multiply 6 and 9 to find the number of students seated in Section A. E. Multiply 3 and 18 to find the number of students seated in Section B. F. Multiply 9 and 27 to find the number of students seated in the auditorium IL. Answer the following:1. Eucalyptus trees should be planted all along the sewage ponds. AnalyseEucalyptus Countries on which continent or region tend to rank highest on any diversity index because of their multiple ethnic groups and languages?. generalized approach for the synthesis of silica supported pd-zn, cu-zn andni-zn gamma brass phase nanoparticles