An empirical study by Huang, Siegfried and Zardoshty3 estimated a demand function for coffee in the United States between 1961 and 1977, using quarterly time-series data. The results were: ln Qt 1⁄4 1:2789 0:1647 ð2:14Þ ln Pt þ 0:5115 ð1:23Þ ln Yt þ 0:1483 ð0:55Þ ln P0 t 0:0089 ð3:326Þ T 0:0961 ð3:74Þ D1 0:1570 ð6:03Þ D2 0:0097 ð0:37Þ D3 R2 1⁄4 0:80 where Q = pounds of coffee consumed per head P = the relative price of coffee per pound at 1967 prices Y = per capita personal disposable income (in $,000 at 1967 prices) P 0 = the relative price of tea per quarter pound at 1967 prices T= the trend factor, with T = 1 for 1961-I to T = 66 for 1977-II D1 = 1 for the first quarter D2 = 1 for the second quarter D3 = 1 for the third quarter Questions 1 Interpret the PED for coffee; does price significantly affect consumption? 2 Interpret the YED for coffee; does income significantly affect consumption? 3 Interpret the CED between tea and coffee; does the price of tea significantly affect the consumption of coffee? 4 Why do you think that advertising expenditure is omitted from the equation? 5 Interpret the trend factor. 6 Interpret the seasonal pattern in coffee consumption in the USA. 7 How well does the model fit the data?

Answer:

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Explanation:

To calculate the inflation rate, we can use the following formula:

inflation rate = (new price index - old price index) / old price index * 100%

Using the given price index values, we can calculate the inflation rate as:

inflation rate = (118.5 - 114.5) / 114.5 * 100% inflation rate = 3.5%

Therefore, the inflation rate between 2021 and 2022 is 3.5%.

The unemployment rate does not distinguish between part-time and full-time employment, and it does not account for people who have given up actively looking for work, have lost clients, or are freelancers or gig workers.

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The statement "If a firm is the only one in the world that produces shoes made of faux leather, it is not considered a monopoly because there are many other types of shoes available" is false because faux leather is a unique material, and there are no close substitutes in the market.

As a result, this firm has total control over the production and distribution of faux leather shoes, making it a monopoly. Although there are many other types of shoes available, the fact that the firm has no competition in the production and distribution of faux leather shoes makes it a monopoly.

A monopoly exists when there is only one seller of a product that has no close substitutes in the market. In other words, a monopoly has total control over the production and distribution of the good, without any competition from other firms. This gives the monopoly the power to set prices and control supply in the market without fear of losing business to a competitor. In the case given, a firm is the only one in the world that produces shoes made of faux leather.

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When a U.S. company purchases new computers that are manufactured in the U.S., it makes a positive contribution both to investment and to GDP. Alternative A. is correct.

The purchase contributes to investment because the company is purchasing a capital good that it will use in its production process. The purchase also contributes to GDP because it is counted as part of consumption expenditure, which is a component of GDP.

A positive contribution to GDP is important because it indicates that the country's economy is growing and generating more wealth and employment.

In conclusion, Alternative A. a positive contribution both to invertment and to GDP is correct.

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The present value to be $43,460.17. This is greater than the initial cost of the device, $50,000, which means the device should be purchased.

Present value refers to the current value of a future cash flow or a stream of future cash flows, after accounting for the time value of money. In finance and economics, the time value of money is the concept that a dollar received today is worth more than a dollar received in the future, due to the potential to earn interest or the potential for inflation to reduce the purchasing power of money over time.

To calculate the present value of a future cash flow, one must discount it back to the present using an appropriate discount rate. The discount rate is typically based on the prevailing interest rate or the required rate of return for a given investment.

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Answer:

Of the given options, the following two choices explain how the proximity of China influenced the growth of Korea:

A) Chinese ideas were accepted in Korea, allowing for migration.

D) Metal moveable type from China allowed for communication.

Option B is incorrect because while Korea did create celadon pottery, there is no evidence to suggest that China copied it.

Option C is also incorrect as while there were wars between Korea and the Tang dynasty, they did not result in the unification of the Korean people.

The correct answers are A) Chinese ideas were accepted in Korea, allowing for migration, and D) Metal moveable type from China allowed for communication.

i. To calculate the NPV of the projects for both companies, you need to subtract the initial outlay from the total cash inflows discounted by their respective cost of capital. For Simba Ltd's investment, this works out to be:


NPV = TZS 800 million x (1/(1 + 0.15)1) + TZS 800 million x (1/(1 + 0.15)2) + TZS 800 million x (1/(1 + 0.15)3) + TZS 800 million x (1/(1 + 0.15)4) - TZS 1 billion


= TZS 2,355,700,000



For Yanga Ltd's investment, this works out to be:


NPV = TZS 1 billion x (1/(1 + 0.20)1) + TZS 1 billion x (1/(1 + 0.20)2) + TZS 1 billion x (1/(1 + 0.20)3) + TZS 1 billion x (1/(1 + 0.20)4) - TZS 5 billion


= TZS 836,491,020



ii. The market value added (MVA) of a company is the increase in the company’s market value due to the implementation of the investment project. The MVA of both Simba Ltd and Yanga Ltd can be calculated as:


MVA = NPV - Depreciation


For Simba Ltd:


MVA = TZS 2,355,700,000 - TZS 1 billion


= TZS 1,355,700,000



For Yanga Ltd:


MVA = TZS 836,491,020 - TZS 5 billion


= -TZS 4,163,508,980



From the results, we can see that Simba Ltd has a positive MVA of TZS 1.3 billion whereas Yanga Ltd has a negative MVA of TZS 4.2 billion. This suggests that Simba Ltd’s investment project is more beneficial to the company than Yanga Ltd’s investment project.

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The best that  describes an insecurely attached child The answer is: it cries when the mother leaves and is happy when the mother returns.

An insecurely attached child is typically described as being anxious or uncertain in their attachment to their caregiver, often due to inconsistent or unreliable care. In the Strange Situation, a commonly used measure of attachment, an insecurely attached child will typically cry when the mother leaves the room, indicating distress at her absence, and may be slow to explore the environment when she is present. However, when the mother returns, the child may be ambivalent or inconsistent in their response, alternating between seeking comfort and pushing the caregiver away. This pattern of behavior is referred to as "insecure-resistant" attachment.

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Keynesian reasoning emphasizes the role of government intervention in stimulating demand and addressing market inefficiencies to promote full employment.

According to classical reasoning, an increase in demand for flight attendants will result in a decrease in unemployment.

The supply of workers will adjust to meet the new demand as a result of market forces such as wage rates.On the other hand, according to Keynesian reasoning, an increase in demand for flight attendants would result in an increase in employment but not necessarily a decrease in unemployment.

This is because Keynesian economics suggests that even if demand increases, wages may remain low due to market inefficiencies or rigidities. This could result in a situation where people are still unemployed even if the demand for labor increases.

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If a state made a previously illegal activity, legal, the GDP it Increases, being A is the correct answer.

Gross Domestic Product (GDP) refers to the monetary value of all goods and services produced in a nation during a particular period. GDP has a significant impact on a country's economic growth and development because it measures the nation's overall economic output.

Suppose a state made a previously illegal activity, such as gambling or prostitution, legal, other things equal. In that case, the GDP will increase because legal activities are included in the GDP formula.

Illegal activities that are legalised (prostitution, gambling) will increase the production and consumption of the economy, which will ultimately increase the GDP of that nation. In conclusion, the option A is correct.

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The correct answer to the given question is $50 and $25. The producer surplus and consumer surplus are the two essential components of the welfare of consumers and producers. Let's understand the concept of producer surplus and consumer surplus.

Consumer Surplus is defined as the difference between the maximum amount of money a consumer is willing to pay for a good and the amount that they actually pay. It is the area above the equilibrium price and below the demand curve. The formula to calculate consumer surplus is given by:

Consumer Surplus = Maximum Willingness to Pay – Market Price

Producer Surplus is defined as the difference between the minimum price a seller is willing to accept for a product and the actual price they receive for the product. It is the area below the equilibrium price and above the supply curve. The formula to calculate producer surplus is given by:

Producer Surplus = Market Price – Minimum Willingness to Accept

Now let's calculate the Producer surplus and Consumer surplus for the given problem. The market for a certain good is perfectly competitive and the demand is given by P = 10 – 0.5Q and the supply is given by P = 0.5Q. We can write the demand and supply equation as:

P + 0.5Q = 10 or P = 10 - 0.5Q (1)

P = 0.5Q (2)

Equating (1) and (2), we get

Q = 10 – 0.5Q = 0.5Q => Q = 6P = 0.5 x 6 => P = 3

Substitute P = 3 and Q = 6 in consumer and producer surplus equations.

Consumer Surplus = Maximum Willingness to Pay – Market Price = 10 – 3 = $7

Producer Surplus = Market Price – Minimum Willingness to Accept = 3 - 0 = $3 + 3 = $6

Total Producer Surplus = 6 x 6 / 2 = $18Total Consumer Surplus = 7 x 6 / 2 = $21

Thus, the Producer Surplus is $18 and the Consumer Surplus is $21. So the correct answer is $50 and $25.

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Answer:

grade what us it olease

A complete of 538 electors shape the Electoral College. Each elector casts one vote following the time-honored election. The candidate who receives 270 votes or extra wins. The newly elected President and Vice President are then inaugurated on January 20th.

The Electoral College is a technique of oblique popular election of the President of the United States. Instead of voting for a precise candidate, voters in an indirect popular election select a panel of persons pledged to vote for a particular candidate.

Answer: As per Article 55(3) of the Constitution of India, the election of the President shall be held in accordance with the machine of proportional representation by potential of single transferable vote and the voting at such election shall be via secret ballot.

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Answer:

The rivalry between the United States and the Soviet Union during the Cold War had both positive and negative impacts.

Positive Impacts:

Technological advancements: The competition between the two superpowers in areas such as space exploration and military technology spurred rapid advancements in science and technology. For example, the space race led to significant advancements in satellite technology and other space-related innovations.

Economic Growth: The Cold War resulted in significant economic growth in both the United States and the Soviet Union. Military spending contributed to the growth of industries and provided jobs for many people.

End of Colonialism: The Cold War competition between the US and Soviet Union extended to the developing world, where both powers supported opposing sides in various conflicts. This led to the end of colonialism in many countries, with the US and Soviet Union supporting independence movements in Africa and Asia.

Negative Impacts:

Arms Race: The competition between the US and Soviet Union led to an arms race, with both sides developing increasingly powerful and destructive weapons. This created a significant risk of nuclear war, which could have had catastrophic consequences for the world.

Proxy Wars: The US and Soviet Union supported opposing sides in various conflicts around the world, leading to many proxy wars. These wars caused widespread destruction and loss of life, with many innocent civilians caught in the crossfire.

Tensions and mistrust: The rivalry between the US and Soviet Union created a climate of tension and mistrust that lasted for decades. This led to a lack of cooperation and communication between the two powers, making it difficult to resolve conflicts peacefully.

Overall, while the rivalry between the US and Soviet Union had some positive impacts, the negative impacts were significant and long-lasting. The legacy of the Cold War continues to affect international relations today.

1. The Latino Threat Narrative is a belief that Latinos or Latin American immigrants in the United States pose a threat to the country’s economic security and cultural identity. Attitudes toward Latin American immigrants have been affected by the Latino threat narrative.

Many people have the misconception that Latin American immigrants are a burden on the country’s economy and a threat to the country’s social fabric. The Latino threat narrative has also contributed to the negative stereotyping of Latin American immigrants as criminals, drug dealers, and welfare cheats

As a result, the Latino community has faced discrimination, exclusion, and prejudice.

2. Reviewing the facts and figures about Latinos’ socioeconomic status reveals that they are one of the poorest and most vulnerable groups in the United States. Latinos face significant barriers to accessing education, healthcare, and job opportunities.

There are significant differences in socioeconomic status between different racial groups. For example, the median household income for White households in the United States is $71,116, while the median household income for Latino households is $56,113.

One of the main explanations for these differences is the historical legacy of racism and discrimination against minority groups. Many Latinos also face language barriers, cultural barriers, and discrimination in the job market.

These factors contribute to the persistent socioeconomic inequalities between different racial groups in the United States.

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Question a.

the consumer's demand function for sushi is S*(P) = 2 – P/5.

Question b.

The substitution effect for donuts is zero because the price of donuts remained constant.

a) Derive the equation representing the consumer’s demand for sushi. Represent the demand for sushi graphically.

The consumer’s demand for sushi can be found by solving the following utility-maximization problem:

Maximize U(S,P) = 8S + 3D

subject to

5S + 8D ≤ 80S ≥ 0, D ≥ 0

Rewrite the budget constraint asD ≤ 10 – 5/8 S

Now, plug the budget constraint into the utility function:

U(S) = 8S + 3(10 – 5/8 S)U(S) = 8S + 30 – 15/8 SU(S) = 255/8 S + 30

The consumer's demand for sushi can be found by taking the first derivative of the utility function with respect to S and setting it equal to zero:

U'(S) = 255/8 = 0S* = 80/8 = 10

Now that we have S*, we can find D* by plugging it back into the budget constraint:

D* = 10

Therefore, the consumer's demand function for sushi is S*(P) = 2 – P/5.

b) The new equilibrium price of sushi is $25.

Let’s find the new quantities demanded for sushi and donuts using the new price of sushi and the demand functions for each:

S*(25) = 2 – 25/5 = -3D*(8) = 10

Since S* is negative, the quantity demanded for sushi is 0. The quantity demanded for donuts remains at 10.

The new equilibrium is (0, 10), which is represented graphically below:

The substitution effect for sushi is negative because the price of sushi increased and the quantity demanded decreased. The substitution effect for donuts is zero because the price of donuts remained constant.

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Holden has been diagnosed with schizophrenia, and the best treatment for this condition is a combination of medication and psychotherapy.

Medication can help to manage symptoms such as delusions and hallucinations.

Psychotherapy, such as cognitive behavioral therapy (CBT), can help to change thinking patterns that can be destructive or dangerous, and it can help to address the social and emotional issues associated with the disorder.

Both medication and psychotherapy can be helpful in treating schizophrenia and should be used in combination.

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In order to determine the exact amount of tariff that must be paid on imported goods, the importer must determine the following three items:

The value of the goods is the cost of the goods being imported and will be used to calculate the amount of tariff to be paid.

The applicable tariff rate is the rate that the importer will pay for the imported goods and can be found in the Canadian Tariff database.

Finally, the country of origin of the goods is used to determine if the goods are subject to the tariff.

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The economic reasoning behind this statement is that health insurance shields individuals from the true cost of medical services. When individuals are given a set amount of coverage, they are usually incentivized to take services regardless of the cost.

This lack of awareness of the true cost of medical services can lead to overconsumption and inflated costs for healthcare services. Additionally, this lack of transparency can also limit an individual's ability to shop around for the best deal.

When individuals are unaware of what a service costs, they cannot compare prices and make the most cost-effective decisions about their healthcare. Overall, health insurance reduces the price transparency of medical services, and can lead to higher costs for both individuals and insurers.

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Answer:

Organize a diversity and inclusion workshop: Learners can organize a workshop to raise awareness of different cultures, religions, races, and identities. The workshop can include activities, such as group discussions, games, and presentations, that promote understanding and respect for diversity.

Start a peer mentoring program: Learners can create a peer mentoring program where students are paired with a mentor who is from a different background. The program can provide a safe and supportive space for learners to share their experiences and learn from one another. The mentor can offer guidance and support to their mentee, and help them navigate any discriminatory tendencies they may face.

Plan a cultural exchange event: Learners can organize a cultural exchange event where students can showcase their culture through music, dance, food, and art. The event can provide an opportunity for learners to appreciate and celebrate the diversity of their school community. This can help to break down barriers between different groups and foster a sense of unity and belonging.

Explanation:

Mary's weekly consumption amount when she works 58 hours a week will be $657.60.

To calculate this, we need to first find her weekly pre-tax income, which is equal to the total hours she works multiplied by her hourly rate. In this case, Mary will work 40 hours at $15/hour and 18 hours at $18/hour, so her pre-tax income is:

40 x $15 + 18 x $18 = $840

We then need to subtract Mary's childcare costs, which is equal to the hours she works multiplied by $4:

58 x $4 = $232

Finally, we need to subtract her taxes, which is equal to her pre-tax income multiplied by her tax rate of 20%:

$840 x 20% = $168

We can then add her non-labour market income of $50 to her pre-tax income to get her total income:

$840 + $50 = $890

Finally, we subtract the childcare costs and taxes from her total income to get her weekly consumption amount:

$890 - $232 - $168 = $657.60

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Answer: the crown

Explanation: Investors were granted a charter to the colony by the crown, and as a result of that relationship, would establish rules of self-government.

The market value of the two-year government bond with a coupon of 5%, and The interest yield is 8%.

The two annual coupon payments are each 5% of the face value of the bond and the present value of these payments can be calculated using the formula PV = FV/(1+r)^n where FV is the face value of the bond, r is the yield to redemption and n is the number of coupon payments.

The interest yield (yield to redemption) of the bond is 8%. This yield is the total return an investor would earn from the bond, including interest payments and any capital gain or loss when the bond matures.

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Complete question is :-

A government bond with a coupon of 5%, paid semi-annually,

matures in exactly two years. The yield to redemption for similar

bonds is estimated to be 8%.

a) Calculate the market value and the interest yield.

In the short run, the introduction of a new property tax on the land where a factory operates will lead to a decrease in the number of labor inputs and production output of the factory. In the long run, this effect can be mitigated by the firm through the adjustment of their investment decisions and business strategies.

When a firm is subject to a new property tax on the land where it operates a factory, it leads to an increase in the cost of production, which directly affects the firm's profits.

In the short run, the firm cannot immediately adjust its production to minimize the impact of the new tax because it requires a considerable amount of time and effort to scale down or scale up production output.

The increase in production costs caused by the property tax will lead to a decrease in the number of labor inputs and production output in the short run. The firm might need to lay off some of its workers or reduce working hours to minimize labor costs. Similarly, it may also have to reduce its production output to avoid inventory buildup.

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A good segment has members respond differently to each other, and similarly to other segments.

This statement is true regarding effective communication strategies when it comes to segments.

Segmentation is the procedure of dividing a broad target market into smaller groups of individuals or organizations that share similar needs, characteristics, or behaviors. Essentially, the concept of segmenting implies that your product or service will only be relevant to specific groups of people, and that you should tailor your marketing efforts accordingly.

An effective segment should have members who react differently to each other and in a similar way to other groups. This concept of segmentation applies that the product or service will only be relevant to specific groups of people and that you must tailor your marketing efforts accordingly. Segmentation is essential for a successful marketing plan because it aids in the identification of the customers' requirements and creates a more personalized marketing approach.

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Tax revenue collected by the government is greater for a good with inelastic demand than for a good with elastic demand because the price of a good with inelastic demand does not change significantly when the government raises taxes.

In contrast, when the government increases taxes on a good with elastic demand, the price of the good will increase and the demand for the good will decrease significantly. Therefore, the government will collect less revenue from a good with elastic demand than from a good with inelastic demand.

Tax revenue is the amount of money collected by the government as a result of taxes imposed on goods, services, income, or wealth. When the demand for a commodity is inelastic, the quantity demanded of it does not change significantly when its price varies. This implies that, when the price of a product increases, the total amount spent on it does not decrease substantially.

Therefore, when a tax is levied on a good with inelastic demand, the consumers end up bearing most of the burden of the tax because they do not reduce their consumption of the good even when its price increases. As a result, the tax revenue generated by the government is greater in this scenario. On the other hand, when the demand for a commodity is elastic, the quantity demanded of it changes significantly when its price changes.

Therefore, when a tax is imposed on a good with elastic demand, consumers switch to other substitute products, and the demand for the good decreases. As a result, the tax revenue generated by the government is lower in this scenario than when it is imposed on a good with inelastic demand.

In conclusion, tax revenue is greater for goods with inelastic demand because consumers are unable to switch to other alternatives and end up bearing most of the tax burden. On the other hand, tax revenue is lower for goods with elastic demand because consumers are able to switch to other alternatives, and the demand for the good decreases, leading to lower tax revenue.

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The Imf And world bank Monetary Fund are significant participants in the global financial system (IMF).

The World Bank provides developing countries with financial and technical aid with the intention of reducing poverty and promoting sustainable economic growth.

The IMF, on the contrary hand, is in charge of ensuring the health of the global monetary system through the promotion of global monetary cooperation, the facilitation of global trade, and the provision of financial assistance to member countries facing balance of payments difficulties.

In order to address the financial and economic problems that its member countries face, including debt management, economic crisis, and economic development, both institutions work together. Despite their roles, the Imf And world Bank are committed to promoting global people's welfare through sustainable development.

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Based on the geographical concept and the available options, the one that is not one of the vegetation zones in Africa is Boreal Forest.

Vegetation Zone is a term that is used to describe the smaller, more-detailed vegetation regions.

Generally, the term vegetation zones divide land according to temperature and precipitation. Most gardeners look at a map of vegetation zones before planting any flowers, trees, or vegetables.

Hence, in this case, it is concluded that the correct answer is Boreal Forest.

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Options of Answer

A. Saharan,

B.Sahelian,

C. Guinean,

D. Boreal forests

The Marginal Revenue is MR = -32.The revenue generated from the existing quantity is maximized. The given equation is Q=800-32P, which represents the demand for pizza delivery.

1. To find the Marginal Revenue (MR), we need to take the derivative of the equation with respect to the price. So, the MR is MR = -32.

2. To find MR when Q=96, we need to substitute 96 for Q in the equation. The price at this quantity is P = 16. The MR at this point is MR = -32. To find MR when Q=480, we substitute 480 for Q in the equation. The price at this quantity is P = 40. The MR at this point is also MR = -32.

3. The MR = 0 when Q = 800. So, the quantity at which MR = 0 is Q = 800.

4. The point when MR = 0 is the point at which the revenue from selling an additional unit is zero. This implies that the revenue generated from the existing quantity is maximized.

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The ruler who comes to power because of her extraordinary personal magnetism exhibits charismatic legitimacy.

Charismatic legitimacy is the kind of authority or power that a leader acquires due to their extraordinary personal qualities.

Charismatic leaders are leaders who gain authority and influence through their exceptional charisma, skills, or qualities.

It is a form of traditional legitimacy since it is determined by an individual's extraordinary traits rather than by social or legal status.

According to Weber, there are three primary types of authority or legitimacy.

They are the following:

Traditional legitimacy is the kind of authority or power that comes with birthright or an individual's position in society whereas charismatic legitimacy is the kind of authority or power that comes from an individual's extraordinary personality.

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