Answer:
Economists assume that consumers would be good at decision-making
Explanation:
Most consumers are not good at making decisions whether its about life or the economy
When evaluating the utility-maximizing decision-making process, economists assume that consumers are rational, have limited incomes, have limited wants, and recognize prices.
What is decision-making process?The process of making choices by identifying a decision, gathering information, and evaluating alternative resolutions is known as decision making. By organizing relevant information and defining alternatives, a step-by-step decision-making process can help you make more deliberate, thoughtful decisions. The decision-making process allows for the investigation of all possible solutions to a problem and ensures that the best solution is found. The following steps are included in the decision-making process: define, identify, assess, consider, implement, and evaluate. In everyday life, you have many decision-making examples, such as deciding what to wear. Making a decision about what to eat for lunch. Choosing a book to readTherefore,
When studying decision making, we assume that consumers are rational, have limited income, rank preferences, and recognize prices. It is assumed that consumers are self-interested rather than selfish. We have a tendency to believe that consumers have virtually unlimited wants but only a limited amount of money to spend on them.
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GOOD MORNING pls answer this
which phrase best completes the diagram?
Answer:
A.
Explanation:
I would think A. cuz the others does make much sense. I apologize if its incorrect.
The phrase which best completes the diagram is liability divided among owners. Thus the correct answer is A.
What is a partnership?When two or more two people come with the objective to manage the operation of a business by making an alliance, by sharing capital for investment and profit or loss of the organization. The collaboration is said to be a partnership.
A corporation refers business organization where the financial investment is done by the shareholders in exchange for some percentage of the ownership or profit of the organization.
Both the cooperation and partnership involve the distribution of liability among the owners. As they are the ones who took operations and management. The liability of the partner is unlimited in a general partnership and limited in a limited partnership whereas corporate owners have limited liability.
Therefore, option A is appropriate.
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Which situation is an example of comparative advantage in an international market? country a decides to grow extra potatoes so they have more to export, while country b does not grow potatoes to export. factories in country a and country b produce the same number of tablet computers. country a’s factories could be used instead to build more laptops than the factories in country b. country a invests in a new technology while country b chooses to invest in education. country a can produce 100 units of rice per acre of farmland, while country b can only produce 70 units of rice per acre of farmland using the same resources.
Country A produces 100 units of rice per acre of farmland and Country B produces 70 units of rice per acre of farmland using the same resources.
What is the theory of comparative advantage?The theory of comparative advantage introduces opportunity costs as an analysis factor in choosing between different production options.
Comparative advantages include producing more goods at a lower cost than our trading partners, lowering prices, and making more profits from it.
In the last option, we see higher productivity in Country A compared to country B, both of which are under the same conditions.
Therefore, it is easy to see that Country A is profitable when trading in the international market. Thus, Country A has a comparative advantage over country B.
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Answer: D. Country A can produce 100 units of rice per acre of farmland, while Country B can only produce 70 units of rice per acre of farmland using the same resources.
Explanation:
edge 2023
Which resource management task includes activating?.
Answer:
Which resource management task enables resource coordination throughout the incident? Incident information is used across ICS, EOCs, MAC Groups, and JIS to aid in planning, determine incident costs, and identify safety issues.
Which of the following is most likely to create a long-term trend? A. Fashion B. Entertainment C. Television shows D. Demographics
Answer:
I think it's A.fashion
Answer:
D
Explanation:
this is supposed to be the correct answer on Edge
( I put A. on Edge)
In functions of business, what is an example of accounting?
Answer:
A few examples of management accounting reports are aging of accounts receivable, inventory levels, monthly sales and status of accounts payable. Internal accounting reports are also used for the preparation of budgets and forecasts.
Describes at least three resources you have used in the past to find information
Answer:
1. newspaper
2. books
3. internet
What organizations are formed by Acts of Parliment
a bank holding company owns a bank that is chartered by the Office of the Comptroller of the Currency (OCC) of the U.S. Treasury Department and has federal deposit insurance, it can be regulated by
The Federal Reserve is the federal entity that regulates the bank holding company that is chartered by the Office of the Comptroller of the Currency.
What is a bank holding company?A bank holding company refers to an independent company that controls banks but does not itself in their activities.
In conclusion, the Federal Reserve is the federal entity that regulates the bank holding company that is chartered by the Office of the Comptroller of the Currency.
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PLS I NEED THIS FAST
which piece of legislation granted rights to consumers to protect them from unethical business practices?
a. consumer bill of rights
b. american marketing association code of ethics
c. fair packaging and labeling act
d. united nations consumer protections
Answer: A.consumer bill of rights
Explanation:
The consumer bill of rights is one piece of legislation that grants customers rights to protect them from unethical commercial activities. Option A is correct.
What is the significance of consumer bill of rights?The Consumer Bill of Rights protects consumers. Consumers have the right to be informed, the right to select, the right to safety, the right to be heard, the right to have problems remedied, the right to consumer education, and the right to service.
The Consumer's Bill of Rights is intended to make it simple to get and keep utility services. The Consumers' Bill of Rights states that utilities provide essential services that must be made available to all utility consumers on fair and reasonable conditions.
One form of law that offers customers rights to protect them from unethical commercial practices is the consumer bill of rights. Therefore, option A is correct.
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SCORE is a for-profit organization that provides online and in-person assistance in about 100 locations throughout the United States. Group startsTrue or False
It is a false statement that SCORE is a for-profit organization that provides online and in-person assistance in about 100 locations.
What is SCORE?SCORE means Service Corps of Retired Executives.
The organization is nonprofit organization that is founded to provides free and confidential business mentoring services to small business owners in the United States.
In conclusion, It is a false statement that SCORE is a for-profit organization that provides online and in-person assistance in about 100 locations.
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Damaris is a member of AASA. What did she most likely learn from a meeting she recently went to? A professional accountant would be coming to talk to group members about their future careers there is a conference for school principals coming to town she is eligible for a discount to "Architect Digest" magazine they are looking for a new mechanical engineer to become the president of the group
Answer:
There is a conference for school principals coming to town
Explanation:
Remember, the full meaning of the acronym AASA is the American Association of School Administrators.
Hence, we could more likely conclude that from all the listed options, she most likely learned from such a meeting that there is a conference for school principals coming to town because members of this organization consist mainly of leaders of educational facilities such as principals.
Answer:{: A
Explanation:
I hope you have a great time on your test.
Read the factors of production for two businesses: In Case manufactures cases for smart phones, while Wrap It Up is a gift-wrapping service. In Case • $1,500 a month for rented building • Will need two new employees • $2,000 for inventory expenses • $4,500 for equipment expenses Wrap It Up • $1,500 a month for a rented store • Will need five new employees• $1,500 for inventory expenses • $2,500 for equipment expenses Which statement correctly compares the two businesses?
Answer:
In case is relatively more capital intensive & Wrap it up relatively more labour intensive.
Explanation:
Comparing 'In Case' cases for smart phones & 'Wrap it up' gift wrapping service
In case : 1500 rent, 2 employees, 2000 & 4500 inventory & equipment expenseWrap it up : 1500 rent, 5 employees, 1500 & 2500 inventory & equipment expenseLand fixed cost requirements for both are same. However, In case needs less labour & more inventories, equipment expense. Wrap it up needs more labour, less inventory, equipment expense.
So, In case is relatively more capital intensive & Wrap it up relatively more labour intensive.
Answer:
The correct answer is In Case will require a less costly investment in labor, while Wrap It Up will require less capital in the long term.
Explanation:
Explanation: They are comparing different things but in the same purpose. Which actually makes the comparison valid and correct.
you purchase a car for 20,000 you made a down payment of 5,000 and took out a loan for the rest. what is the principle balance of the loan
Answer:
15,000
Explanation:
The principal amount in a loan is the amount borrowed. It is the amount from which interest is calculated. When repaying a loan, the full principal amount and the interest must be paid.
The car is valued at 20,000. A deposit of 5000 is paid. the principal amount in the loan is 15,000. (20,000 - 5000)
MPUM BOTTLE MANUFACTURERSTABM)
Mpumi Bottle Manufacturers is a large business well known for supplying quality plastic
bottles, is the most customer-centric company, that build a place where people can come
find any bottle. The financial manager borrowed money from Blue bank at a high-interest
rate to buy material and equipment for manufacturing bottles. MBM has recently appointed
two experienced employees who are responsible for branding the bottles
The demand for branded bottles increased in other provinces they opened another branch
in North West Province. Raheem Trading opened a similar business that offers the same
services at a lower price,
Gail, the director shares the understating of how things are done in the business to
accomplish the business mission Raheem Trading's board of directors strongly believes in
good leadership and management for the success of the business.
Bennie the purchasing manager, at Raheem Trading ensures that there is enough stock
available for continuous production, Place orders with suppliers and follow up on them.
The credit department supervisor educates consumers on making the right choices when
they apply for credit
1.1.1 Quote the visions statement of mpumi bottle manufacturers in the case study above
1.1.2 Name ONE component/feature of each business environment in the cas study above .motivate your answer by quoting from the case study
Answer:
Name one component/feature of each business environment in the case study
HELP NOW PLEASE
Someone who buys a song online and copies it for friends is violating
privacy rights.
ethical rights.
appropriate Internet use.
intellectual property rights.
Answer:
intellectual property rights.
Explanation:
Intellectual property rights are the exclusive rights granted to a person for the use of their creation. The rights give a person a monopoly to profit from their invention or production for a specified duration. Intellectual property rights are granted through copyrights, trademarks, and patents.
Buying a song online and copying it to friends denies the musician revenues. Those friends will be get entertained through the efforts of the musician without paying.
Which challenge leads to a gap between the objectives of the IS systems and the business needs when developing the IS?
Answer: Lack of documentation
Explanation:
What are the costs of “freebie” items?
Answer:
The costs of a “freebie” item includes resources to make, a person's labor, and the cost to the store to offer it to us as free.
Explanation:
Answer:theres no cost its a freebie
Explanation:
Which policy highlight would discuss how to approach an employer if you need to change a scheduled interview?.
The policy highlight that would address how to approach an employer if a scheduled interview needs to be changed is: The Public highlight.
What is a Public highlight?A public highlight is an unwritten social laws institutionalized to solve unplanned problems. These policies serve as guide when implementing programs or actions created by an organization.
So for a planned interview to suddenly change, a public policy highlight would be most appropriate to implement. It gives room for an unforeseen event.
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what are loans to a company or government for a set amount of.time. they earn interest and are considered low-risk investments.
a) mutual funds
b) bonds
c) stocks
d) derivatives
Answer:
b) bonds
Explanation:
Bonds are investment assets. Investors lend money to the government and corporates over a fixed period. In return, the company or the government pays a fixed amount of interest periodically until the agreed fixed period is over( maturity date). At maturity, the investor receives back the full amount he had loaned out (the principal amount).
Bonds are considered a low-risk investment option. Governments hardly default on their bond obligations. Companies that issue bonds to the public regulated and are less likely to default on payments.
which kind of flour contains more gluten and less starch
a.all purpose flour
b.bread flour
c.cake flour
d.soft flour
Answer: b. bread flour
Explanation:
Different types of flour have varying gluten and starch content which is as a result of the kind of wheat used in making the flour.
Bread flour which is also called hard flour has gluten content of 13 to 14% which makes it the highest of the options. All purpose flour has around 12%, Cake flour has about 7.5 to 9% and soft flour is quite low as well.
1) The skills and knowledge a person has acquired through experience and/or
education.
O Human Capital
O Entrepreneurial talents
O Physical Capital
O Perfect competition
Answer:
O Human Capital
Explanation:
Human capital is an employee's knowledge, skills, and competencies that a company uses in productivity. It is the attributes of labor that impact production and influence compensation. Human capital is enhanced through education, job training, work experiences, and research.
Human capital is compensated through wages and salaries. Its cost is monetized as labor and is one of the factors of production.
Louvers, Incorporated, accepted a $15,000, 180-day, 10 percent note from a customer on May 31. On June 30, Louvers prepared a period-end adjusting entry to accrue the $125 of interest owed on the note. The note is honored on November 27.
Prepare the necessary November 27 entry for Louvers by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. If there are multiple debits or multiple credits, please enter the account titles in alphabetical order. View transaction list Journal entry worksheet < 1 Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. On June 30, Louvers prepared a period-end adjusting entry to accrue the $125 of interest owed on the note. The note is honored on November 27. Note: Enter debits before credits. Debit Credit Date Nov. 27 General Journal Cash Interest revenue Interest receivable Notes receivable Record entry Clear entry View general journal
Answer:
November 27 Debit Credit
Bank $15,750
(15,000+15,000*10%*180/360)
Accrued interest income $125
Interest income $625
Note receivable from customer $15,000
what conflict situation is should I accept the job offer I currently have or should I wait to hear from the company that I really want to work for
In a conflict situation where a person has a job offer but is still waiting for a response from the company he wants to work with, it is best to properly weigh your options and take up the existing job offer.
What is a Career Interest?This refers to the situation where a person has certain preferences about where he would like to work in relation to other jobs or job offers.
Hence, we can note that because there is an already existing job offer, it would be worthwhile to take it and gain creditable experience which would help you land your dream job.
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HELP ME PLZ i’ll give brainliest Greg owns numerous factories that prepares corn syrup for shipment. His team has packed the syrups in thousands of barrels. Which
type of transportation should he use to send these barrels overseas?
a. shipper
B.
bulk cargo
с.
trains
D.
break bulk cargo
Answer:
B
Explanation:
Which of these is not a way of maintaining open communication?
Answer:
d.Talk only to managers for status reports
Explanation:
Answer:
d
Explanation:
Identify 3 duties you would expect an accountant to perform
Explanation:
• Examine statements to ensure accuracy.
• Ensure that statements and records comply with laws and regulations.
• Compute taxes owed, prepare tax returns, ensure prompt payment.
Benny surveyed a group of individuals from diverse backgrounds regarding his company's latest advertisement. He found that the part that most of the individuals remembered about the advertisement was the joke. Which feature of advertisements have the individuals in bennys survey group depicted ?
Answer:
B). Ad recall
Explanation:
The 'ad recall' feature of the advertisement is being displayed in Benny's survey group as it aims to evaluate the number of people who remembered the latest advertisement of his company within the two days of the display. The survey primarily aims to check how memorable was their advertisement to the people to check if the advertisement was effective enough and able to create desired impact or not. Thus, option B is the correct answer.
Answer:
B. ad recall
Explanation:
For all Plato users
a car starts from rest and reaches a speed of 20m/s in 5 second what is the acceleration of the car
Answer:
The car's acceleration is 10 m/[tex]s^{2}[/tex]
Explanation:
The "acceleration" tells you how the velocity's rate changes over a specific period of time.
The formula is: a (acceleration) = [tex]\frac{change in velocity}{change in time}[/tex]
The velocity changed from 0 m/s to 20 m/s while time changed from 0 sec. to 5 sec.
Therefore: a = [tex]\frac{20 m/s}{5 s}[/tex] = 10 m/[tex]s^{2}[/tex] (this refers to the rate at which the car's velocity changed over time)
What do marketers do to achieve satisfying connections?
Answer:
To achieve satisfying connections, marketers plan where they need to go and how to get there efficiently.
Explanation:
In order to achieve rewarding connections, the marketers plan their goals where they want to go or move towards, set up strategies after dividing the short and long-term objectives to ensure that it is attained effectively and efficiently. The planning helps the organization to analyze and document marketing strategies, defining the target, developing goals, creating adequate marketing campaigns, and construct the appropriate activity plan with guidelines for effective attainment of goals on time.
To achieve satisfying connections marketers make plans for where they need to go and how to get there quickly in order to make rewarding relationships.
The marketers plan their goals, where they want to go or move towards, and put up plans after splitting the short- and long-term aims to guarantee that it is reached successfully and efficiently. This helps them build rewarding relationships.
Planning enables the business to define the objective, design goals, create effective marketing campaigns, assess and record marketing strategies, and construct the necessary activity plan with instructions for successfully achieving goals on schedule.
Thus, marketers make plans to achieve satisfying connections.
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Match these items. Match the items in the left column to the items in the right column. 1. accounting cost money value of a good or service that is charged to the customer 2. alternative relating to money 3. monetary option 4. opportunity cost happiness; satisfaction 5. retail price value of all the alternatives given up 6. trade-off value of the best alternative given up 7. utility cost of producing a good or service
Answer:
Follows are the solution to this question:
Explanation:
Please find the attached file.