Price elasticity of demand refers to the percentage change in quantity demanded due to a percentage change in price. If the quantity demanded is highly affected by a change in price, it is said to be price elastic. If the quantity demanded is less affected by a change in price, it is said to be price inelastic.
Given the statements, the following can be concluded about the price elasticity of demand:
The pizza delivery business in this town is very competitive. I’d lose half my customers if I raised the price by as little as 10%:
The statement indicates that a 10% increase in price results in a 50% decrease in quantity demanded. Thus, the price elasticity of demand is high, and the product/service is highly price elastic. People will switch to other pizza delivery businesses if the price goes up.
Price elasticity of demand = % change in quantity demanded / % change in price % change in quantity demanded = -50% % change in price = +10%
Price elasticity of demand = (-50% / +10%) = -5.
Thus, the price elasticity of demand is -5, which indicates that the product is highly price elastic.
ii. My economics professor has chosen to use the Krugman/Wells textbook for this class.
The statement does not indicate how the quantity demanded will change in response to a change in price, so no conclusion can be drawn about the price elasticity of demand. The statement merely indicates that the consumer has no other choice than to buy the Krugman/Wells textbook for the class. Therefore, the price elasticity of demand is indeterminate.
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You work in a company that has snacks in the kitchen. You realize that a coworker never brings their own food or eats out, but instead eats 5-6 snacks each day. You’re aware that other employees help themselves to snacks, but limit themselves to 1 snack per day.
In case you worry about your colleague's frequent munching tendencies, try initiating a cordial and objective dialogue without any hint of criticism. Voice your concern regarding their welfare and enquire on how to assist them in choosing healthier snacks.
How should you treat this situation?Additionally, it may be plausible that this coworker has an underlying medical condition or dietary limitation prompting he requires more snack breaks than what is perceived as normal practice. In such cases, supportive understanding will go a long way in the person's psychology boosting.
Furthermore, for workers who only snack once each day, disparities impact different dietary necessities and lifestyle preferences aside from health aspects. Hence, gauging an individual in line with someone else proves futile due to numerous factors at play.
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are the costs related to the product that have to be paid regardless of the amount you sell.
A) Fixed cost
B) Opportunity costs
C) Variable costs
D) none of the above
Answer:
C) Variable costs
Explanation:
Suppose the value of all the stocks in a fund's portfolio is currently $500,000. The fund has $450,000 in liabilities and has sold 2,500 shares of its fund to investors. Find the NAV.
Answer:
Well your currency will come up due to the investors only if it is a great good market platform The liabilities you must take time to pay them back it might cause interest and money building vlaues or taxes or possibly jail time
Explanation: I really hope i helped
If he fund has $450,000 in liabilities and has sold 2,500 shares of its fund to investors. The NAV is $20.
Net asset valueUsing this formula
NAV = (Assets - Liabilities) / Total number of outstanding shares
Let plug in the formula
NAV=($500,000-$450,000)/2500 shares
NAV=$50,000/2500 shares
NAV=$20
Therefore the net asset value is $20.
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Please help me write an Evaluation in at least 150 words minimum.
To evaluate your decision, play "devil's advocate." Think of some objections or arguments someone could make against your decision. List three potential objections to your decision, and then write a defense against each objection. Each defense should be based upon an ethical theory and/or logic.
For example, if you determined that the most ethical decision is for Jack to report Jill's stealing to the boss, one objection might be, If Jack informs his boss, Jill might retaliate against him. A defense against that objection could be, Jack believes reporting misconduct is his moral duty, and, therefore, overrides any concern of possible retaliation. (Kantian Ethics)
Objection 1 -
For example, If Jack informs his boss, Jill might retaliate against him.
Defense -
For example, Jack believes reporting misconduct is his moral duty, and, therefore, overrides any concern of possible retaliation. (Kantian Ethics)
NOTES:
• Most ethical resolution for Anthony is to report Mario's action to his supervisor or the peloni family.
• This decision is morally justified because it upholds the responsibility of employees to follow company policies and ensure the grocery store maintains its integrity and ethical standards.
• The peloni family implemented the policy against giving free samples for a reason, and disregarding this policy could potentially harm the business by diminishing the value of the products and potentially creating a negative customer experience.
Answer:
Objection 1 -
Anthony may be seen as a snitch or traitor by his co-worker, Mario, and other employees, causing a breakdown in trust and a negative work environment.
Defense -
According to the Virtue Ethics theory, a virtuous person would prioritize honesty and integrity over maintaining social relationships. Anthony's decision to report Mario's actions is not motivated by personal gain or ill-will, but rather by his duty to uphold the ethical standards of the grocery store. By reporting Mario, Anthony is demonstrating the virtue of honesty, which ultimately benefits the overall well-being of the store and its customers.
Objection 2 -
Anthony may be afraid of potential retaliation from Mario or other employees, which could put him in a vulnerable or unsafe position.
Defense -
The Social Contract Theory suggests that individuals in a society agree to follow certain rules and regulations in exchange for protection and security from the state or authority. In this case, Anthony has a responsibility to follow the policies set by the grocery store, and in return, he can expect protection and support from his supervisors or the Peloni family. If Anthony feels unsafe or threatened, he should report this to his superiors, who have a duty to ensure a safe and respectful work environment for all employees.
Objection 3 -
Anthony may feel guilty for potentially causing harm to Mario's employment or reputation by reporting him.
Defense -
The Consequentialist theory argues that an action should be evaluated based on its consequences, and the ethical decision is one that results in the greatest overall good. While Anthony's decision to report Mario may cause harm to his reputation or employment, it ultimately upholds the ethical standards of the grocery store and ensures a fair and just work environment for all employees. Additionally, by reporting Mario's actions, Anthony is preventing potential harm to the business and its customers, which could have more significant consequences in the long run. Therefore, the overall good resulting from Anthony's decision to report Mario outweighs any harm caused to Mario's reputation or employment.
Explanation:
A precedent relationship where the completion of a predecessor activity depends on the initiation of a successor activity is called a __________.
A precedent relationship where the completion of a predecessor activity depends on the initiation of a successor activity is called a finish-to-start relationship. In this type of relationship, the successor activity cannot start until the predecessor activity is finished.
For example, let's say you are planning a party. The predecessor activity might be buying decorations, and the successor activity could be setting up the decorations. The setting up of decorations cannot start until the decorations are bought.
Therefore, there is a finish-to-start relationship between these two activities. In summary, a finish-to-start relationship is when the completion of a predecessor activity is required for the initiation of a successor activity.
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how is marine insurance different from automobile insurance
Answer: There are many factors, but the most noticeable ones are differences in the ability to suspend coverage, “agreed value”, and navigational limits.
In a market economy economic activity is guided by.
Answer:
Who controls the economy in a market economy?
Market economies are not controlled by a central authority (like a government) and are instead based on voluntary exchange. Market economies rely on the interplay between supply and demand to function.
Explanation:
Please tell me if I am right If so branliest would be nice
Note: Attempt any ONE question.
(1 x 20 = 20)
Q3. From the following particulars prepare a Treble Column Cash Book of Ahsan Trading Co.:
2013
May 01: Cash in hand Rs. 42,500 and at bank Rs. 50,000.
May 03: Purchased goods for cash Rs. 8,000.
May 06: Deposited into bank Rs. 6,500
May 07: Sold goods for cash Rs. 17,000 and amount is deposited into bank.
May 08: Sold goods to Farhan on credit Rs. 10,000.
May 10: Received from Farhan a cheque for Rs. 9,800 in full settlement of his account.
May 12: Paid Farhan's cheque into bank.
May 15: Paid salaries Rs. 5,000 by cheque.
May 18: Paid by cheque to Azhar Rs. 4,900 and discount received Rs. 100.
May 21: Withdrew cash Rs. 4,500 for personal use.
May 24: Goods sold to Kamran for cash Rs. 15,000.
May 26: Paid advertising expenses Rs. 900.
Answer:
WHats the question. Please let me know as soon as possible
Explanation:
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Another name for a Coverdell account is a(n)
A. Education IRA.
B. Regular IRA.
C. Roth IRA.
D. SEP plan.
E. Spousal IRA.
Another name for a Coverdell account is an Education IRA
A Coverdell Education Savings Account (ESA) is a type of tax-advantaged savings account that is designed to help families save for educational expenses. It was originally called the Education IRA, but was later renamed in honor of the late Senator Paul Coverdell, who was a strong advocate for education and introduced the legislation that created the account.Coverdell ESAs allow individuals to contribute up to $2,000 per year per child, until the child reaches the age of 18. The contributions are not tax-deductible, but the earnings grow tax-free and can be withdrawn tax-free when used for qualified educational expenses, such as tuition, books, supplies, and room and board.
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Direct Democracy meaning
If a manufacturer of television sets acquires a magazine publisher, it will be a:________
A television set manufacturer expands its business by acquiring a magazine publisher, a form of horizontal integration, within the same industry or market segment.
Horizontal integration occurs when a company acquires or merges with another company that operates in the same industry or market segment.
It allows the acquiring company to increase its market share, diversify its product offerings, and gain a competitive advantage by consolidating resources and eliminating potential competition.
In the given scenario, the manufacturer of television sets acquiring a magazine publisher represents a horizontal integration.
Both television sets and magazine publishing businesses fall under the broader media or entertainment industry.
By acquiring the magazine publisher, the manufacturer can expand its presence in the media industry, diversify its revenue streams, and potentially leverage synergies between television and magazine content.
Horizontal integrations are often pursued to achieve economies of scale, increase market power, enhance distribution channels, or gain access to new customer segments.
However, the success of such integration depends on various factors, including strategic alignment, operational integration, and effective management of the combined entities.
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E-Eyes.com just issued some new 20/20 preferred stock. The issue will pay an annual dividend of $20 in perpetuity, beginning 20 years from now. If the market requires a return of 5.4 percent on this investment, how much does a share of preferred stock cost today
The cost of a share of preferred stock can be calculated using the formula for the present value of perpetuity. In this case, the preferred stock will pay an annual dividend of $20 in perpetuity, starting 20 years from now. The market requires a return of 5.4 percent on this investment.
To calculate the present value, we divide the annual dividend by the required return.
In this case, $20 divided by 0.054 (5.4 percent as a decimal) gives us a present value of approximately $370.37.
Therefore, a share of preferred stock in E-Eyes.com would cost approximately $370.37 today.
In conclusion, the cost of a share of preferred stock in E-Eyes.com today, considering the annual dividend of $20 in perpetuity starting 20 years from now and a required return of 5.4 percent, is approximately $370.37.
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if you wanted to improve your employees’ skills on a new technology platform, what tool would you most likely use?
In order to improve employee's skills on a new technology platform, the most likely tool that could be used is e-learning, also known as online training or computer-based training.
E-learning provides a flexible, self-paced, and cost-effective way to teach new technologies to employees.The employees can access the courses at any time and from any location, which is particularly useful for those who are based remotely or working on different shifts.
E-learning allows them to work at their own pace, providing the ability to revisit the learning material, which can help improve retention rates.E-learning also provides a cost-effective way of learning since training materials are delivered electronically. This eliminates the cost of printing, distributing, and storing paper-based training materials and significantly reduces the cost of classroom-based training.
E-learning can be especially useful for new technologies, which often require a significant investment in hardware and software.Employees can also benefit from e-learning courses that allow them to acquire and develop new skills that are aligned with their career goals and organizational objectives.
Online learning can be customized to match the learner's specific needs and objectives.
Moreover, it provides the learner with immediate feedback on their progress, which is especially important when learning new technologies.
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Atlanta Company sold equipment for cash. The income statement shows a gain on the sale of $1,120. The net book value of the asset was $3,710. Which of the following statements describes the cash effect of the transaction? A. negative cash flow of $2,590 for operating activities B. positive cash flow of $2,590 from investing activities C. negative cash flow of $4,830 for financing activities D. positive cash flow of $4,830 from investing activities
The correct answer is D. positive cash flow of $4,830 from investing activities. When Atlanta Company sold the equipment for cash, it generated a gain on the sale of $1,120.
The net book value of the asset was $3,710. The cash effect of the transaction would be the actual cash received from the sale, which can be calculated by adding the gain to the net book value:
Cash received = Net book value + Gain on sale
Cash received = $3,710 + $1,120
Cash received = $4,830
Since the company received cash from the sale of the equipment, it indicates a positive cash flow from investing activities. Therefore, the correct statement is that there is a positive cash flow of $4,830 from investing activities (option D).
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who will win the fight tomorrow jake paul or ben askren
winner gets brainlest
Answer:
prolly ben askren
Explanation:
cause he was an ameture wrestler before
Answer: Ben askren bro
Explanation:
1. What factors influence the willingness of union members to participate in local union activities?
2. Can an employee be simultaneously committed to both employer and union goals?
3. What effect does union political action have on outcomes important to organized labor?
4. What factors influence the participation of women and minorities in local and national unions?
The relevance and responsiveness of union activities to the specific needs and concerns of women and minorities can also influence their participation. By addressing issues such as pay equity, workplace discrimination, and family-friendly policies, unions can attract and engage women and minorities in their activities.
1. The willingness of union members to participate in local union activities is influenced by several factors. Firstly, the perceived importance of the activities and their potential benefits play a significant role. If members believe that participating in these activities will lead to improved working conditions or increased job security, they are more likely to engage. Secondly, the level of trust and satisfaction with the union's leadership and decision-making process can impact willingness to participate. Members who have confidence in their leaders are more likely to actively engage. Additionally, the level of social support and peer pressure within the union can influence participation. If members feel a sense of camaraderie and belonging, they are more likely to take part. Finally, personal factors such as time availability, individual motivation, and interest in the issues being addressed can also affect willingness to participate.
2. Yes, an employee can be simultaneously committed to both employer and union goals. It is possible for an employee to value and prioritize both their personal career growth and job security as well as the collective rights and interests of their fellow workers. This can be achieved through finding a balance between the two and recognizing that a healthy and cooperative relationship between the employer and the union is beneficial for all parties involved. Open communication, transparency, and mutual respect are essential in fostering a positive relationship where both employer and union goals can be supported.
3. Union political action can have a significant effect on outcomes important to organized labor. By engaging in political activities such as lobbying, campaigning, and advocating for labor-friendly legislation, unions can influence policies and decisions that directly impact their members' interests. These political actions can lead to improved wages, better working conditions, increased job security, and the protection of workers' rights. Furthermore, union political action can also help shape public opinion and promote awareness about labor issues, which can create a favorable environment for future negotiations and collective bargaining. Overall, union political action can be a powerful tool in advancing the objectives of organized labor.
4. Several factors influence the participation of women and minorities in local and national unions. Firstly, the inclusivity and diversity policies of the union play a crucial role. Unions that actively promote and support the inclusion of women and minorities are more likely to attract and retain their participation. Secondly, the existence of role models and mentors within the union can have a positive impact. When women and minorities see others like them in leadership positions and actively involved in union activities, it can encourage their own participation. Additionally, the presence of supportive and inclusive organizational cultures within unions can foster an environment where women and minorities feel valued and included. Finally, the relevance and responsiveness of union activities to the specific needs and concerns of women and minorities can also influence their participation. By addressing issues such as pay equity, workplace discrimination, and family-friendly policies, unions can attract and engage women and minorities in their activities.
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a defines how the marketing group will use its resources to support the company's goals for growth and earnings
A marketing plan outlines how to use the company's resources most effectively to accomplish its marketing goals.
What is marketing plan?An organization's advertising strategy for generating leads and reaching its target market is outlined in a marketing plan, which is a practical document.
A marketing strategy outlines the outreach and PR initiatives that will be implemented over time, along with how the business will evaluate their success.
Because a marketing plan is created based on a broad strategic framework, the phrases marketing plan and marketing strategy are sometimes used synonymously.
The strategy and the plan may occasionally be combined into one document, especially for smaller businesses that might only run one or two significant campaigns per year.
While the marketing strategy provides the overall value proposition, the plan details marketing actions on a monthly, quarterly, or annual basis.
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Karen makes custom jewelry. In order to sell her jewelry, Karen rents a small kiosk at the local mall for $50 per month. She must buy blank medallions, stones, and chains to make her custom necklaces. These supplies cost approximately $30. Karen sells her necklaces for $55 each. How many necklaces must she sell to cover her costs?
Answer:
She will break even each month / cover her costs by selling 2 necklaces
Explanation:
If it's $50 a month, that is Karen's total monthly costIt costs $30 to make each necklaceShe sells the necklace for $55 eachTotal profit for each necklace therefore = sales price - cost, or $55 - $30, which is $25 profit per necklaceTo cover rent, which is $50, you take rent / profit per necklace or $50 / $25 profit per necklace, which is 2 necklacesis a measurement of standard of living that includes education and
clean running water.
A. Financial wealth
B. Access to necessities
C. Income
D. Material wealth
Your company has equity of $580,000 and total liabilities of $340,000. What is your company's debt-to-equity ratio?.
The debt - to - equity ratio of the company is 0.586
What is the debt to equity ratio?The debt - to - equity ratio is a financial ratio that is used to determine the extent to which a company can cover its debt.
The lower the debt - to - equity ratio, the better it is for a firm. It is optimal for the The debt - to - equity ratio to be less than one.
The debt - to - equity ratio is determined by dividing total debt by total equity.
The debt - to - equity ratio = debt / equity The debt - to - equity ratio
= $340,000 / $580,000The debt - to - equity ratio = 0.586
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According to robert m. Mcmath, what two items will help marketers have a successful product launch?.
The two items that will assist marketers to have a successful product launch by Robert M. McMath are by:
learning from past mistakesfocusing on what benefit the product has for customersWho is Robert M. McMath?Robert M. McMath is an American author of the book titled "what were they thinking?". In the book, he outlined more than eighty marketing lessons he learned from his business experience.
According to Robert M. McMath, the two items that will assist marketers to have a successful product launch by Robert M. McMath are by:
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The Fed's two main monetary policy targets are ____ the money supply and the inflation rate the money supply and the interest rate. the interest rate and real GDP. the inflation rate and real GDP
The Fed's two main monetary policy targets are the money supply and the interest rate.
The Federal Reserve (Fed) is responsible for implementing monetary policy in the United States. Its primary objectives are to promote stable prices and maximum employment, and it achieves these goals by targeting two main factors: the money supply and the interest rate. The money supply refers to the total amount of currency and other liquid assets in the economy, while the interest rate represents the cost of borrowing money.
The Fed can influence the money supply by conducting open market operations, changing reserve requirements for banks, and adjusting the discount rate. These actions can either increase or decrease the amount of money circulating in the economy, which in turn can impact economic growth, inflation, and employment levels.
Interest rates play a significant role in monetary policy, as they affect consumer spending, business investment, and overall economic growth. The Fed primarily controls interest rates through the federal funds rate, which is the rate at which banks lend to each other on an overnight basis. By influencing this rate, the Fed can encourage or discourage borrowing, spending, and investing, helping to manage inflation and stimulate economic growth.
In summary, the Fed's two main monetary policy targets, the money supply and the interest rate, play a crucial role in maintaining economic stability and promoting growth in the United States.
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Which one of the four factors of copyright is MOST important?
Answer:
the purpose and character of the use i think
Explanation:
The most common form of competition is ________blank, in which many firms compete for customers in a given market but with differentiated products.
When there is monopolistic competition, many sellers supply differentiated goods—goods with minor differences but comparable functions.
What is the Mechanism of Monopolistic Competition?Monopolistic competition occurs when a large number of businesses provide competitive services or products that are similar but fall short of ideal alternatives. Entry barriers are low in monopolistic competitive industries, and a firm's decisions do not have an immediate impact on competitors.
What features fall under the category of monopolistic competition?When several businesses compete for the same customers while offering slightly different goods, this market structure is referred to as monopolistic competition. Low entry and exit barriers are a distinguishing feature that increases competition.
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You have $500,000 to deposit in a bank account. What should you do with this deposit to be certain it is insured?
A.
Split it in half and deposit it in two separate savings accounts at different commercial banks.
B.
Deposit all of the money in one savings account in a commercial bank.
C.
Deposit all of the money in one checking account in a commercial bank.
D.
Split it in half and deposit it in two separate savings accounts at different brokerage firms.
The correct answer for plato users is option A
Explanation:
I just took the midterm and this was the correct option, please give brainly :)
The correct option is A.
Split it in half and deposit it in two separate savings accounts at different commercial banks.
Can direct deposit go to two different banks?Typically, yes. In fact, many direct deposit programs allow you to split your payment between savings and checking accounts at different banks. You'll just need to add your banks' routing numbers, your account numbers and the account type for each.
How do I split up my savings?The basic rule is to divide up after-tax income and allocate it to spend: 50% on needs, 30% on wants, and socking away 20% to savings.
Why is it important that your deposit is insured?Deposit insurance provides three important benefits to the economy:
It assures small depositors that their deposits are safe, and that their deposits will be immediately available to them if their bank fails.
It maintains public confidence in the banking system, thus fostering economic stability.
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59. Why don't workers in a Command Economy work hard?
a. Because they don't care about having money.
b. Because the business owners want them to be relaxed and calm.
C. Because they know they will get paid the same no matter how hard they work.
d. Because Mr. Coon and Mr. King aren't there to tell them to work harder.
Unit 2 The Free Enterprise Economy
A personal career profile form can be used to match what you know about yourself to what you know about different careers. TRUE or FALSE.
Answer:
True
Explanation:
If you look you can understand that personal helps you know yourself.
Answer:
trueeee
Explanation:
on edge
how does an airline report the money you pay when you have purchased a plane ticket, but have not yet taken the flight?
An airline reports the money you pay when you have purchased a plane ticket, but have not yet taken the flight as realized revenue.
What Is Realized Revenue?Revenue is a term in economics that refers to all the money or cash generated by a company. In a company, there is what we know as realized revenue and realizable revenue. Realized revenue is a type of revenue where money has been received by the company but the company has not provided the services or goods transacted. We can find this realized revenue in airline companies where ticket buyers will pay in advance before taking a flight. In the company's accounting, this income has been recorded as revenue.
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Who benefits from fashion forecasting?
Answer:
textile developer is the answer
Answer:
textile developer
Explanation: ON PLATO