given an industry is producing the socially efficient output level, a tax placed on the industry will result in inefficiency because the market will produce group of answer choices too many units, as some units produced will have more productive costs than consumer value. too few units, giving up some units that have more productive costs than consumer value. too many units, as some units produced will have more consumer value than productive costs. too few units, giving up some units that have more consumer value than productive costs.

Answers

Answer 1

The given industry is producing the socially efficient output level. A tax placed on the industry will result in inefficiency because the market will produce too few units, giving up some units that have more consumer value than productive costs.

When a tax is placed on an industry, it affects the supply and demand for the goods and services produced by the industry. This, in turn, affects the market equilibrium price and quantity. In general, the imposition of a tax on a particular industry will cause inefficiency because it reduces the overall welfare of both the producer and the consumer.

The producer will have to pay more for the production process, while the consumer will have to pay more for the goods and services produced by the industry. The inefficiency created by the tax can manifest itself in the form of deadweight loss. Deadweight loss refers to the economic inefficiency that occurs when the market fails to allocate resources optimally. It is caused by the imposition of taxes, subsidies, price ceilings or price floors, and other forms of market intervention.

Deadweight loss is represented by the area between the demand and supply curves above the market equilibrium price. Suppose an industry is producing the socially efficient output level. In that case, a tax placed on the industry will result in inefficiency because the market will produce too few units, giving up some units that have more consumer value than productive costs. This happens because the tax increases the cost of production for the industry, making it less profitable to produce more units than the socially efficient level.

As a result, some units that would have been produced if there were no tax will not be produced, leading to deadweight loss.

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Related Questions

What health issue did Feiler face that led him to consider his family?

Answers

that would probably be his family i think

you are the security administrator for an e-commerce company and are placing a new front-end server into production. what network zone should you use?

Answers

As the security administrator for an e-commerce company, selecting the appropriate network zone for a new front-end server is crucial to ensure the security and integrity of the company's infrastructure.

The specific network zone to use may vary depending on the organization's network architecture and security requirements. However, a common recommendation is to place the front-end server in a demilitarized zone (DMZ).

A DMZ is a network segment that acts as a buffer between the internal network (trusted zone) and the external network (untrusted zone), typically the internet. It allows controlled and limited access to services hosted on the front-end server while minimizing the risk of direct exposure to the internal network.

By placing the front-end server in a DMZ, you can enforce stricter security measures, such as firewall rules, intrusion detection/prevention systems, and access controls. This separation helps protect the internal network from potential attacks or compromises targeting the public-facing server.

Additionally, the DMZ provides a boundary where security controls can be applied more effectively, such as monitoring and logging network traffic, implementing web application firewalls, and conducting regular security assessments.

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Career pathways never overlap.
True
OB.
False

Answers

Answer: The answer is B. False. I got this question on my test and got it right.

Which Type of account is used to store money for longer periods of time and is more likely pay interest to the account holder?
O Checking Account
O Savings Account

Answers

Answer:

Saving account

Explanation:

A savings account is an interest-bearing deposit account held at a bank or other financial institution. Though these accounts typically pay a modest interest rate, their safety and reliability make them a great option for parking cash you want available for short-term needs.

PLEASE MARK ME AS BRAINLIEST

Who is the richest man in the world

Answers

Answer:

Jeff Bezos is the richest man in the world.

Heightened Homes is a real estate firm based in Texas. The company ensures that employees' pay is dependent on what they are capable of doing. The company also supports efforts to empower its employees by encouraging them to be independent and to make decisions in various areas. This, in turn, ensures job enrichment. Based on this information, identify the pay structure being utilized by Heightened Homes. Select one: a. straight piecework plan b. skill-based pay systems c. merit pay system d. differential piece rates e. standard hour plan

Answers

Answer: skill-based pay systems

Explanation:

A cash-basis taxpayer made a bona fide, nonbusiness loan to an acquaintance in year 1. At the end of year 2, it is determined that the taxpayer will likely be able to collect only 20% of the principal, and no interest has been or will be collected. How should the loss be treated for tax purposes in year 2

Answers

Answer:

None of the loss amount in year 2 will be deductible

Explanation:

Based on the information given How the loss will be treated for tax purposes in year 2 is that the LOSS amount will NOT be deductible in Year 2 reason been that tax payer can only collect the deduction in bad debt in the year the bad debt has no real value and become un-useful.

Secondly the tax payer should not wait till the debt is due before knowing whether the bad debt has no real value reason been that bad debt will has no real value when there is no hope that the debt amount that is owed will be paid which is why to a limited extent a non business bad debt that has no real value will not be deductible.

Therefore How the loss will be treated for tax purposes in year 2 is that None of the loss amount in year 2 will be deductible

The angle of elevation to the top of a building in New York i found to be 9 degree from the ground at a ditance of 1 mile from the bae of the building. Uing thi information, find the height in of the building in feet. (rounded to the tenth)

Answers

The height of the building in Feet is 839.52 ft and in Miles is  0.159 miles, obtained by using the Equation:

                      x = 1*tan(9º) = 0.159 miles.

This problem can be set up as a right triangle where the tall side (height of the building) is an unknown variable (x) and the base of the triangle is 1 mile. The angle opposite of the tall side, x, is 9 degrees.

Now you can use the tangent trig function whereby tan(angle) = opposite length /adjacent length. opposite length is x, The adjacent length is 1 mile, angle is 9 degrees.

tan(9º) = x / 1

Rearrange for x;

x = 1*tan(9º) = 0.159 miles.

(make sure to use degree mode on your calculator when calculating the tangent)

Now to get feet, just multiply by 5,280 ft in one mile.

The height of the building is 0.159 miles * 5280 ft/mile

The height of the building is = 839.52 ft

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Based on the details of the scenario, determine what will most likely occur. Jillian and Chase are making a contract in which Jillian ships beaver pelts to Chase, who then makes the pelts into hats to sell. A year into their contract, it becomes illegal to buy or sell beaver pelts in the U.S.

Answers

Answer: Contract is voided

Explanation:

From the question, we are informed that Jillian and Chase are making a contract in which Jillian ships beaver pelts to Chase, who will then makes the pelts into hats to sell.

We are further told that a year into their contract, it becomes illegal to buy or sell beaver pelts in the United States. Based on the scenario explained, the contact will be voided.

A void contract is referred to as a formal agreement that cannot be enforceable and is not legitimate. Since it is illegal to either purchase or sell beaver pelts, it means that the context cannot be carried out anymore and should the be void.

Read the following question/answer from a standard learning style inventory and determine which learning style the selected response reflects.

When I share a story, I am likely to...talk with my hands.


Physical


Visual


Auditory

Answers

i think visual, because sometimes people move their hands around when they talk to help paint a picture or show/explain what their talking about.

"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D

Answers

Answer:

d. Cultural values

Explanation:

Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.

Answer:

D

Explanation:

I just took the assignment

Suppose the fed announces that it is raising its target interest rate by 50 basis points, or 0.5 percentage point. to do this, the fed will use open-market operations to

Answers

To do this, the Fed will use open-market operations to increase the supply of money by buying bonds from the public.

The term "open market operation" (OMO) refers to the Federal Reserve's purchase and sale of securities in the open market (Fed). The Fed uses open market operations to control the supply of money on reserve in US banks. The Fed buys Treasury securities to expand the money supply and sells them to decrease it.

The Fed can adjust the federal funds rate using OMOs, which influences other short-term, long-term, and foreign exchange rates. This can affect the amount of money and credit available in the economy, as well as certain economic factors like unemployment, output, and the prices of goods and services.

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Correct question:

Suppose the Fed announces that it is lowering its target interest rate by 50 basis points, or 0.5 percentage point. To do this, the Fed will use open-market operations to ________ the _____ money by _____ the public.

highlight characteristics of itinerant traders​

Answers

Some features of such itinerant retailers are:

The scale of operations is small. ...

The capital is also limited in the case of itinerant retailers.

They usually deal in day to day products and perishable items of daily use like fruits, vegetables, milk, toiletries etc.

How many people work as box office managers?

Answers

Answer:

hmmm like in the world?

Explanation:

Answer: a valid amount of people

Explanation:

Differentiate between electricity geyser and gas geyser​

Answers

What’s a geyser I’ve never heard of that word in my life is that real word
But I’ll just say the difference between electrical and gas
They are very unique since gas is made out of air it is ineffective
While elictricty does the real difference about them is electricity can have effect on this world and life on it
And the side effect is the gas from it’s like pollution so yah that’s it

como aparece mademe pernelle? ¿Por que desea tanto irse desprisa de la casa​

Answers

Answer:

porque esta triste por culpa de su amiga

True or false: Corporate Social Responsibility (CSR) and corporate profits can at times go hand in hand.
True false question.
True
False

Answers

Answer:

TRUE

Explanation:

I think that answer

3. Question 3 Fill in the blank: Working for companies _____ means you'll work on a project-by-project basis, but not as a full-time employee.

Answers

Answer:

on a contract

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

Any employee working for companies on a contract simply means or implies that, he or she work on a project-by-project basis rather than as a full-time employee.

For instance, a freelancer is someone who offers or provides his or her service to other employer of labor (business organization) without entering into a long-term contractual agreement.

ray buys a new tractor for $118,000. he receives consumer surplus of $13,000 on his purchase. ray's willingness to pay is

Answers

Ray buys a new tractor for $118,000. He receives consumer surplus of $13,000 on his purchase. Ray's willingness to pay is $131,000.

Willingness to pay = $118,000 + $13,000 = $131,000.

How do we determine willingness to pay?

Rather than being expressed as a single dollar amount, willingness to pay is typically shown as a price range. The highest price a consumer is willing to pay is divided by the cost of the good to determine WTP.

What does willingness to pay mean?

The highest price a client is willing to pay for a good or service is known as the customer's "willingness to pay" (or "WTP"). It is typically expressed as a range to reflect the diversity of perspectives as well as changes throughout time.

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you are the ceo of internet provider commcore communications. it has come to your attention that a school district nearby your headquarters is underpreforming academically and has unmet needa. the district superintendent is seeking help from local companies. You have called a meeting of the board of directors to discuss a llan to addist the school. breifly describe your plan to help.​

Answers

I will try providing the best and latest robotics and gadgets to the school for better studying. You can elaborate it..

What best describes the conversation stage of the marketing funnel

Answers

Answer:

Conversion

This stage is when a user finally makes the choice to buy. Your goal is to get as many people as possible from the first two stages of your marketing funnel to this purchase point. It is the final push to get your prospective customer to convert and drop the 'prospective' from their title.

Hope it helped! :)

A(n) _____ shows the proportion of employees in different job categories at different times.
A) invertible matrix
B) transitional matrix
C) definite matrix
D) task role matrix
E) orthogonal matrix

Answers

A option B) transitional matrix shows the proportion of employees in different job categories at different times.

A transitional matrix, also known as a Markov matrix, is a square matrix that shows the proportion of employees in different job categories at different times. It is used to analyze workforce changes over time and predict future workforce trends. The matrix is often used in HR analytics to monitor and improve workforce diversity, retention rates, and career development opportunities. It helps organizations identify skill gaps, plan for succession, and make informed decisions about workforce planning. A transitional matrix is created by dividing the number of employees in each job category by the total number of employees and arranging them in a matrix format. It is a valuable tool for HR professionals to ensure that their organization's workforce is aligned with their strategic goals.

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If the productivity of workers producing a good increases, the supply curve will

A) not change.
B) become flatter.
C) shift to the right.
D) shift to the left.
E) become steeper.

Answers

I’d say E because that’d mean that there would be more supply

Calculate the payoff of this scenario: You flip a coin, if it is Heads, you win $134; and if it is Tails, you lose $121

Answers

The payoff of this scenario is +$13.

To calculate the payoff, subtract the amount lost from the amount won:

$134 - $121 = $13.

In this scenario, you have a 50/50 chance of winning or losing money based on the outcome of the coin flip. If the coin lands on Heads, you win $134, but if it lands on Tails, you lose $121.

Therefore, the expected value of this scenario can be calculated as follows: (0.5 x $134) + (0.5 x -$121) = $6.5.
However, the payoff is not the same as the expected value. The payoff represents the actual outcome of the scenario, whereas the expected value represents the average outcome over many repetitions of the scenario. In this case, the actual outcome is either a gain of $13 or a loss of $121, depending on the result of the coin flip.

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WILL GIVE BRAINLIEST
If loans and credit card debt are taking up most of your monthly income, which of the following is the LEAST effective first step in getting your debt under control?
A. Start a side hustle and allocate the money you make towards extra payments for your debt.

B. Take a hard look at your budget and try to cut nonessential items so you have more cash to pay down your debt.

C. Declare bankruptcy, which will eliminate all your debts and allow you to start over with a clean slate.

D. Pay extra money each month to the debt with the highest interest rate, so you'll decrease the total amount you'll spend on debt.

Answers

Answer:

a or c i fliped a coin and got A sounds like the answer rember jesus loves you

Explanation:

Investment in net working capital arises when ______. Multiple select question. equipment is purchased using long-term debt inventory is purchased credit sales are made cash is kept for unexpected expenditures

Answers

Investment in net working capital arises when inventory is purchased and credit sales are made. The correct option is a.

In both cases, there is an increase in current assets (inventory and accounts receivable) and a corresponding increase in current liabilities (accounts payable). This increase in net working capital is necessary to support the increased business operations resulting from inventory purchases and credit sales. When equipment is purchased using long-term debt, there is no immediate impact on net working capital. The purchase of equipment using long-term debt is a capital expenditure and does not affect the day-to-day operations of the business.

Similarly, when cash is kept for unexpected expenditures, there is no change in net working capital. Cash is a current asset, but it is not tied to the operations of the business like inventory and accounts receivable. Keeping cash on hand is important for managing unexpected expenses, but it does not directly affect the investment in net working capital.

In summary, investment in net working capital arises when there is an increase in current assets and current liabilities resulting from inventory purchases and credit sales. This investment is necessary to support the increased business operations and ensure that the company can meet its short-term obligations. The correct option is a.

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Salt Foods purchases forty $1,000, 7%, 10-year bonds issued by Pretzelmania, Inc., for $37,282 on January 1. The market interest rate for bonds of similar risk and maturity is 8%. Salt Foods receives interest semiannually on June 30 and December 31. 1. & 2. Record the necessary entries regarding the bonds. (If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole number.) View transaction list Journal entry worksheet 1 2 Record the investment in bonds. Note: Enter debits before credits. Debit Credit Date January 01 General Journal Journal entry worksheet < 1 2 Record the receipt of the first interest payment. Note: Enter debits before credits. Date General Journal June 30 Debit Credit

Answers

6 months of interest from January to June will be received by Salt Food Purchase Company. Interest on Bonds = ($37282 X 7/100) X 6/12 = $ 1304.87

Bonds and shares are each security, but the primary distinction between the 2 is that (capital) stockholders have a fairness stake in a corporation (i.e. they're proprietors), while bondholders have a creditor stake in an agency (i.e. they may be creditors). As creditors, bondholders have precedence over stockholders. this indicates they will be repaid in advance of stockholders but will rank behind secured lenders, in the event of financial ruin. some other distinction is that bonds usually have a described term, or maturity, after which the bond is redeemed, whereas shares usually stay excellent indefinitely. An exception is an irredeemable bond, which is a perpetuity, that is, a bond without adulthood. certificate of deposit (CDs) or short-time period commercial paper are categorized as cash marketplace units and no longer bonds: the main difference is the period of the time period of the instrument.

The maximum not unusual forms consist of municipal, company, and government bonds. Very regularly the bond is negotiable, this is, the possession of the tool may be transferred within the secondary marketplace. this means that once the transfer retailers at the bank medallion stamp the bond, it is fantastically liquid in the secondary marketplace. The fee of a bond inside the secondary market might also fluctuate extensively from the major due to various factors in bond valuation.

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Salt Foods purchases forty $1,000, 7%, 10-year bonds issued by Pretzelmania, Inc., for $37,282 on January

The youth market is widely affected by technology as demonstrated by the fact that _____ of teens use two or more electronic devices.
a) about 65%
b) almost 40%.
c) nearly 25%.

Answers

The youth market is widely affected by technology as demonstrated by the fact that about 65% of teens use two or more electronic devices.

Technology is the application of scientific knowledge to the practical purposes of human life, or, as it is sometimes expressed, to the modification and manipulation of the human environment.

Technology is the way scientific knowledge is applied to practical purposes. It includes not only machines (such as computers), but also technologies and processes (such as how computer chips are made). All technology may seem electronic only, but that's just the latest technology.

Technology is defined as the application of scientific knowledge to a practical purpose or application. Technology takes scientific principles and applies them to transform the environment in which we live. Technology can also use scientific principles to advance the industry and other human constructs.

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Final Review
Which of the following is not a type of discrimination?
A. Racial
B. Gender
C. Religious
D. Supervisor/Employee
Submit

Answers

Answer:

D: Supervisor/Employee

The correct option is D. Supervisor/Employee is not a type of discrimination.

Employers are not permitted to discriminate against job applicants on the basis of their race, color, religion, or sex. Unfair treatment or harassment can take many different forms, some of which include spreading false information about you. being unjust to you.

What is constructive discrimination?

Unfair treatment can occur when a regulation or practice mistakenly singles out a certain group of individuals. "Constructive" or "adverse effect" discrimination is the term used to describe this kind of inadvertent bias. As an illustration, one business mandates that all male employees have clean-shaven faces.

As it relates to policies, programs, employment, and services offered by any organization, systemic discrimination refers to the practices, routines, and organizational culture that, frequently without intention, result in less favorable outcomes for minority groups than for the majority of the population.

You must take action if your boss' actions and crude remarks pose a threat. Speak with the human resources division of the business. If nothing changes after that, you might even think about complaining about your supervisor and the business to the labor department in your state.

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The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorded as what:____________.

Answers

Answer:

income-generating assets under the current account of the balance of payment.

Explanation:

Remember, the related term balance of payment refers to the calculation of a country's transactions at the international level for a specific period.

In other to determine the flow of money in and out of a country, the receipts from income-generating assets such as stocks (in the form of dividends) are thus recorded in the current account.

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a wireshark trace of tcp traffic between hosts a and b indicated the following segments. a sent a segment of 0 bytes data payload to b with fin flag set, sequence number 1000 and ack number 500. later b sent a segment of 0 bytes data with fin flag set, sequence number 500 and ack number 1001. what is the state of the connection in host a before receiving the ack from b and after receiving the ack ? select the sentence with properly formatted punctuation from the multiple choice options. group of answer choices a. when kerry completes her degree, she plans to apply for employment in scottsdale, az, or sacramento, ca. b. when kerry completes her degree, she plans to apply for employment in scottsdale, arizona or sacramento, california. c. when kerry completes her degree, she plans to apply for employment in scottsdale, az or sacramento, ca. The Jones family has two dogs whose ages add up to 15 and multiply to 44. How old is each dog? Write a reflection about how Carl lutz was a holocaust upstander which of the following factors is not among the plausible explanations presented by cole and smith for the growth in the prison population? Water is a polar molecule that exhibits the properties of adhesion and cohesion. Identify the examples as either cohesion, adhesion, or both. Cohesion Both cohesion and adhesion Adhesion Water forms drops of rain in the air as a result of surface tension. Blood flows up a narrow tube as a nurse Water sticks to the cell walls of plants. collects a blood sample. Water forms into a drop on a leaf and hangs down, but it does not drop. identify the structure of the boat conformation that would form during the ring flip between these two chair conformations. TRUE/FALSE. A person who buys a franchise has the same level of control as an entrepreneur who opens his or her own sole proprietorship. which solution has the highest boiling point at standard pressure? (1) 0.10 m mgcl2(aq) (2) 0.10 m mgso4(aq) Melosis is different from mitosis in that meiosis Multiple Choice O results in four haploid daughter cells that are genetically diverse, whereas mitosis results in two diplold daughter cells that are genetically identical results in two diploid daughter cells that are genetically identical, whereas mitosis results in four haploid daughter cells that are genetically diverse. Oo oo results in two diploid daughter cells identical it are genetically diverse, whereas mitosis results in four haplold daughter cells that are genetically results in four haploid daughter cells that are genetically identical, whereas mitosis results in two diploid daughter cells that are genetically diverse. When goods are to be picked up by a non-merchant at the place of sale of a merchant, risk of loss passes:1)when the goods reach the buyer's destination.2)when the seller tenders the goods.3)when the goods are delivered to a common carrier.4)when the buyer takes physical possession of the goods.In a shipment contract, risk of loss passes from seller to buyer when:1)the seller tenders the goods.2)the goods are delivered to the destination.3)the goods are delivered to the carrier.4)the buyer takes physical possession of the goods. Preparations of lead compounds and percentage yield A project manager is using the net present value method to make the final decision on which project to undertake. The company has a 12% required rate of return and expects a 3% rate of inflation for the following four years. What is the NPV of a project that has cash flows as shown in the table? Year Cash Flow0 -$250,000 1 $50,000 2 $60,000 3 $70,000 4 $80,000 a. $9,762 b. $69,387 c. $98,780 d. $56,859 Which graph represents this equation? [tex]y=\frac{3}{2}x^{2}-6x[/tex]I know the answer is C. What I want to know is WHY. Select the feature(s) common to ecdysozoans. (Choose one or more.)A. spiral cleavageB. Intermittent growth with moltingC. Waxy cuticleD. Continuous growth Refer to the equation a x 9 = b. If a =3, what is the value of b Which of the following are thought to be key requirements for a world to have life?- a source of energy to fuel metabolism- a source of molecules from which to build living cells- a liquid medium Consider two agents, Alice and Bob, who have utility functions 0.3x3 + 0.72A if xa > XB (0.314 +0.72B if XB > XA UA(2A, 2B) = UB(XA, XB) 4X A 32B if XB > IA -0.32A + 1.3xB if x A > XB If Alice is the dictator in the dictator game with a $10 endowment, then she will offer Bob (A) $0; (B) $5; (C) $2; (D) $10. he theorem to prove is: Xis a positive continuous random variable with the memoryless property, then XExpo()for some . The proof is explained in this video, but I will type it out here as well. I would like to get some clarification on certain parts of this proof.ProofLet Fbe the CDF of X, and let G(x)=P(X>x)=1F(x). The memoryless property says G(s+t)=G(s)G(t), we want to show that only the exponential will satisfy this.Try s=t, this gives us G(2t)=G(t)2,G(3t)=G(t)3,...,G(kt)=G(t)k.Similarly, from the above we see that G(t2)=G(t)t2,...,G(tk)=G(t)1k.Combining the two, we get G(mnt)=G(t)mnwhere mnis a rational number.Now, if we take the limit of rational numbers, we get real numbers. Thus, G(xt)=G(t)xfor all real x>0.If we let t=1, we see that G(x)=G(1)xand this looks like the exponential. Thus, G(1)x=exlnG(1), and since 0, we can let lnG(1)=.Therefore exlnG(1)=exand only exponential can be memoryless.So there are several parts that I am confused about:Why do we use G(x)=1F(x)instead of just F(x)?What does the professor mean when he says that you can get real numbers by taking the limit of rational numbers. That is, how did he get from the rational numbers mnto the real numbers x?In the video, he just says that G(x)=G(1)xlooks like an exponential and thus, G(x)=G(1)x=exlnG(1). How did he know that this is an exponential? If a 7-year bond with a 9% coupon rate ($1,000 par value) is currently selling at $923.62. What are the bond's yield to maturity (YTM) and current yield?