In "thinking like an economist," the section "the role of economic theory" states that many economists believe that useful insights into our behavior can be gained by assuming that we act as if governed by the rules of___________ decision making.

Answers

Answer 1

In "thinking like an economist," the section "the role of economic theory" states that many economists believe that useful insights into our behavior can be gained by assuming that we act as if governed by the rules of rational decision-making.

It is possible to define rational decision-making as a decision-making process that incorporates reasoning at every stage. It is founded on the use of impartial knowledge. The first step in making a reasonable decision is to identify the issue that needs to be resolved, followed by the collection of all relevant data.

The next step is to examine every outcome that might result from each potential solution. The decision-making process that follows comprises weighing all viable options and selecting the best one based on reasoning.

Rational decision-making examples include:

● A student chooses what to study in his post-secondary education.

● A commercial choice regarding what to buy for the company.

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Related Questions

One of the reasons that companies might merge is to diversify their
product lines.

True
False

Answers

Answer: true
Explanation: The most common factor is the potential growth of the business. A business merger may give the acquiring company a chance to grow its market share.They can reduce the costs of developing business activities that will complement a company's strengths. The acquisition can also increase the supply-chain pricing power.

The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the effort to promote positive social change? Explain.

Answers

yes, no matter what company say, they need money for funding for "social change"

The emergence of self-driving cars is an example of ""creative destruction"" because.

Answers

This is because: Self-driving cars will be less expensive to build than current cars.

What is creative destruction?

This term was coined by Joseph Schumpeter. The concept of creative destruction refers to the process of economic innovation, in which some products are replaced by others, or some firms die because they are driven out of the market by others, and so on.

When  a company produces a new good that makes the old ones already in the market obsolete, the company is said to be creatively destroying the old goods.

An classical example of creative destruction occurred when Steve Jobs introduced the Iphone in 2007.

Therefore, the emergence of self-driving cars is an example of ""creative destruction"" because self-driving cars will be less expensive to build than current cars

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Current assets are illiquid.
True
False

Answers

Answer:

true

Explanation:

Answer:

ture

Explanation:

Illiquid refers to an asset that cannot be quickly converted to cash. Such assets suffer a valuation loss when sold in exchange for cash. In other words, it is an uphill task to sell such assets owing to the utterly low trading activity due to a lack of investor interest. Some examples of inherently illiquid assets include houses and other real estate, cars, antiques, private company interests and some types of debt instruments. Certain collectibles and art pieces are often illiquid assets as well.

Which of the following is an example of transactional information?
A. Withdrawing cash from an ATM

B. Making an airline reservation

C. Purchasing stock

D. All of these

Answers

D. All of these

Withdrawing cash from an ATM, making an airline reservation and purchasing stock are the examples of transactional information

What is transactional information?

Any business activity that has an immediate impact on the company's financial situation and financial statements is referred to as an accounting transaction. Such exchanges can take many different forms, including: Sales to customers on credit and in cash. payment from a client after sending an invoice.

There are three different forms of accounting transactions based on the exchange of money:

cash transactionsnon-cash transactionscredit transactions

Data that is recorded, for instance, during the sale or purchase of a product is considered transactional data and refers to the the company's transactions.

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HELP DUE IN 10 MINS! Sports Marketing: Product __________________ is very important today when consumers find so many similar products available for sale.

Answers

Answe

DIFFERENTIATION

Explanation:

I'm positive

which type of damages would occur if the parties specify in advance the amount of losses or a formula

Answers

Answer:

it could damage the country

1. Name an automobile model that is positioned to satisfy customers' need for high quality
and status. Then name an automobile model that is positioned to satisfy a need for
inexpensive transportation. Describe the type of consumer who would buy each of the
brands you name. Explain how the automakers of the models you have chosen use
product features, branding, and positioning to make their products "stand out" from
others and differentiate them in the marketplace.

Answers

Answer:

1. An automobile model that is positioned to satisfy customers' need for high quality and status is the Mercedes-Benz S-Class.

2. An automobile model that is positioned to satisfy a need for inexpensive transportation is the Nissan Versa.

3. The consumer who would buy this brand is typically someone who is budget-conscious, looking for a reliable mode of transportation and prioritizes fuel efficiency.

4. Mercedes-Benz emphasizes the luxury and high-performance aspects of its vehicles, using sleek and stylish design, advanced technology features, and premium materials in its marketing campaigns. They position themselves as a symbol of status and luxury, appealing to those who want the best in terms of quality and performance.

Nissan, on the other hand, emphasizes the affordability and practicality of their vehicles, positioning themselves as a practical choice for those who are budget-conscious and value fuel efficiency. They use marketing campaigns that focus on the practical features of their vehicles, such as their low cost of ownership and fuel efficiency, as well as emphasizing their reliability and safety features.

Explanation:

Mercedes-Benz and Nissan use different product features, branding, and positioning strategies to appeal to different segments of the market. Mercedes-Benz appeals to those who value luxury and status, while Nissan appeals to those who value affordability and practicality. By using different strategies to differentiate themselves in the marketplace, they are able to capture the attention of different consumer segments and stand out in a crowded automotive market.

Hey could some one help me with the resume I need help with it because that is my first time making it. It is part of my assignment and I am looking out for someone that could be willing to help me with this. I would really appreciate if you help.​

Hey could some one help me with the resume I need help with it because that is my first time making it.

Answers

Answer:

Here are some tips :

Be strategic. Your resume isn't a list of everything you've ever done.

Keep it consistent. No matter what formatting choice you make, maintain editorial consistency by using that format throughout the document.

Include a variety of experiences.

Think like an employer.

Keep it visually balanced.

Explanation:

Good luck and please give me brainliest.

medical costs, taxes, and interest are all examples of deductions that are subtracted from adjusted gross income.
true/false

Answers

The statement medical costs, taxes, and interest are all examples of deductions that are subtracted from adjusted gross income is false. Your AGI may occasionally be lower and will never exceed your gross total income on your tax return.

An agreement known as medical reimbursement allows employers to cover some of an employee's medical costs. The Income Tax Act permits a tax exemption of up to INR 15,000 for employer-paid medical expenses. Modified Adjusted Gross Income (MAGI) Medi-Cal is the most prevalent type of the programme. Non-MAGI Medical is Medi-Cal that determines eligibility using different criteria, such as property value, household size, and income.

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I know this is impossible but can you guys help? Doesn’t have to use fancy words and doesn’t have to be long, I’m not English native speaker but I have to
Don’t use all the words if it’s too difficult

I know this is impossible but can you guys help? Doesnt have to use fancy words and doesnt have to be

Answers

Answer:

sorry I didn't see your question

Explanation:

very very sorry for my information

Congratulations! You've just purchased your first home. Before you can move in, the kitchen and laundry room need new appliances. Look at several websites to determine a representative price for each of the items listed below. Include a link to each web page used to find your information. Refrigerator Gas stove Washing machine Microwave oven Dishwasher

Answers

Planning for moving in can be an exciting process. Here are some general steps to consider when planning for new appliances:

Some tips and steps to follow:

Determine your budget: Consider how much you are willing to spend on new appliances for your kitchen and laundry room. Look at your finances and determine what is affordable for you. Prices for appliances can vary depending on the brand, model, and features, so it's essential to have a set budget in mind.

Research: Do some research to determine a representative price for each of the appliances you need. Check various sources, including appliance stores, online retailers, and home improvement stores, to get an idea of the average price range for each appliance. You can also consider looking for sales and discounts to save some money.

Prioritize: Consider which appliances are most important to you. For example, if you love to cook, you may want to invest more money in a high-quality gas stove, while a basic refrigerator may be sufficient for your needs.

Choose reputable brands: When buying appliances, it's important to choose reputable brands that are known for their quality and durability. This can help ensure that your appliances last for many years and don't require frequent repairs or replacements.

Consider energy efficiency: Energy-efficient appliances can save you money on your utility bills in the long run. Look for appliances with an Energy Star rating, which indicates that they meet specific energy efficiency standards.

In terms of prices, here are some general price ranges for each appliance:

Refrigerator: $500-$3,000+

Gas stove: $500-$2,000+

Washing machine: $400-$1,500+

Microwave oven: $100-$500+

Dishwasher: $300-$1,500+

P.S I cannot add external links because it goes against the policy of Brainly

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under the fair-value method of recording stock options, companies will report

Answers

Answer:  a higher compensation cost relative.

The garment industry is an example of which type of production?​

Answers

Answer:

What are the different production systems used in the garment industry?

Mostly used production systems in the garment industry are as follows.

Make Through System. ...

Progressive Bundle System. ...

Section Production System. ...

Modular Production System. ...

One Piece Flow System. ...

Overhead Production System (UPS -Unit Production system)

Explanation:

i think might help

One cost of starting your own business is
A. Loan payments on a small business loan
B. Escrow
C. Revenue
D. PMI

Answers

the answer is A. loan payments on a small business loan

Answer:

A. Loan payments on a small business loan

Explanation:

One cost of starting your own business is loan payments on a small business loan.

Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card. What is Keisha’s net worth?
$88,700
$91,700
$292,700
$496,700

Answers

Answer:

$88,700

Explanation:

Given:

Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.

She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.

Hence, The net worth of Keisha is $88,700

Answer:

Answer:

$88,700

Explanation:

Given:

Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.

She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.

Hence, The net worth of Keisha is $88,700

Explanation:

a(n) _______ is a dissenting shareholder’s right to have his/her shares appraised and to receive monetary compensation from the corporation for their value

Answers

An appraisal right is a dissenting shareholder's right to have his/her shares appraised and to receive monetary compensation from the corporation for their value.

What is meant by appraisal rights?

Appraisal rights are a legal protection that allows shareholders who dissent or object to a proposed corporate action, such as a merger, consolidation, or share exchange, to have their shares independently appraised to determine their fair value. If the shareholder disagrees with the proposed action or the price offered for their shares, they may exercise their appraisal rights and demand that the corporation buy back their shares at the fair value determined by an appraisal process.

The purpose of appraisal rights is to protect minority shareholders from potential unfair treatment in corporate actions that could result in a loss of value or control of their shares. By exercising appraisal rights, dissenting shareholders have the opportunity to receive fair compensation for their shares, as determined by an independent appraisal, rather than being forced to accept the terms of the proposed corporate action.

It's important to note that the specific rules and procedures for exercising appraisal rights may vary by jurisdiction and the type of corporate action involved, as they are governed by applicable corporate laws and regulations. Shareholders considering exercising appraisal rights should seek legal advice and follow the appropriate legal processes in their jurisdiction to protect their rights and interests.

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Why are entrepreneurs essential to the success of a free enterprise economy?.

Answers

Answer:

Entrepreneurs are important because they are willing to take risks to start new businesses, so they become the catalyst of the free enterprise economy. Most entrepreneurs fail, but some survive and a few even become wealthy.

Explanation:

on december 31, freeman corporation estimated that $6,240 of its accounts receivable balance will not be collected. how should freeman corporation record this estimate in the accounting records?

Answers

Receivable 6, 240B ad Debt Expense 6, 240 Accounts .

On December 31, Freeman Corporation estimated that $6,240 of its accounts receivable balance would not be collected. Freeman Corporation can record this estimate in accounting records as follows:

Recording a write-off and allowance for bad debts are two methods for dealing with accounts receivable (uncollectible accounts). When a customer defaults on a debt, it can be written off as a loss by the company. However, an estimate of uncollectible accounts, known as the allowance for bad debts, is maintained to avoid overstating accounts receivable's net realizable value.

The journal entry for the estimation of the uncollectible accounts receivable balance by Freeman Corporation would be:

Bad Debt Expense6, 240Allowance for Bad Debts6, 240Bad debt expense account is debited as it is an expense incurred during the accounting period, while the allowance for bad debts account is credited. Bad debt expense is a temporary account, while allowance for bad debts is a permanent account, both of which appear in the income statement and the balance sheet, respectively.

The Balance Sheet for Freeman Corporation will be affected as follows:

If Freeman Corporation does not maintain an allowance account for bad debts, the adjustment will be made directly to the accounts receivable account by reducing the account by the estimated uncollectible balance.

As a result, the journal entry to record the estimation of the uncollectible accounts receivable balance would be:

Accounts Receivable6, 240Bad Debt Expense6, 240Accounts receivable account is debited as it is a reduction in an asset account, while the bad debt expense account is credited.

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can someone help me with this please.

Answers

There’s no image I think u forgot to insert it

Answer:

sure

Explanation:

no image

how can a bank hedge when it makes 1-year fixed rate loans and finances them with 3-month floating-rate deposits?

Answers

To hedge its position, the bank can enter into interest rate swaps or use other derivative instruments. This allows the bank to convert its fixed-rate loans into floating-rate loans and its floating-rate deposits into fixed-rate deposits.

In order to hedge the risk associated with the maturity mismatch between its fixed-rate loans and floating-rate deposits, the bank can use interest rate swaps or other derivative instruments. An interest rate swap is a financial contract between two parties to exchange interest rate payments based on predetermined terms.

In this case, the bank can enter into an interest rate swap where it agrees to receive fixed interest rate payments and pay floating interest rate payments. By doing so, the bank effectively converts its fixed-rate loans into floating-rate loans.

Conversely, the bank can also use interest rate swaps to convert its floating-rate deposits into fixed-rate deposits. In this scenario, the bank agrees to pay fixed interest rate payments and receive floating interest rate payments.

By entering into these swap agreements, the bank can mitigate the risk of changes in interest rates and effectively match the interest rate terms of its assets (loans) and liabilities (deposits).

By employing these hedging strategies, the bank can better manage the interest rate risk associated with its 1-year fixed-rate loans and 3-month floating-rate deposits. This helps to protect the bank from potential losses due to fluctuations in interest rates and maintain a more balanced and stable financial position.

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Two pumps are being considered for pumping water from a reservoir. Installed cost and salvage value for the two pumps are given below:
Pump A Pump B
Installed Cost $20,000 $25,000
Salvage Value 2,000 4,000
Pump A has a service life of 4 years. Determine the service life of pump B at which the two pumps are competitive if the annual effective interest rate is 15 percent. Competitiveness refers to the requirement that the installed cost of the pumps plus the amount that must be invested at the time of installation so that sufficient interest will be earned over the service life (when added to the salvage value) to replace the pumps at the original cost.

Answers

At a service life of approximately 5 years, Pump B becomes competitive with Pump A when approximately $9,356.38 is invested at the time of installation to earn sufficient interest.

To determine the service life of pump B at which the two pumps are competitive, we need to calculate the amount that must be invested at the time of installation for each pump to earn sufficient interest over their respective service lives.

For Pump A:

Installed Cost: $20,000

Salvage Value: $2,000

Service Life: 4 years

The interest that needs to be earned over 4 years is the difference between the installed cost and the salvage value, which is $20,000 - $2,000 = $18,000.

For Pump B:

Installed Cost: $25,000

Salvage Value: $4,000

Service Life: Let's assume it as 'n' years.

To make Pump B competitive with Pump A, the interest earned over 'n' years should be equal to $18,000.

We can use the formula for the future value of a single sum of money to calculate the amount that must be invested at the time of installation for Pump B:

FV = PV(1 + r)^n

Where:

FV = Future value

PV = Present value (amount to be invested)

r = Annual interest rate

n = Number of years

Substituting the given values:

$18,000 = PV(1 + 0.15)^n

To solve for 'n', we can use logarithms or trial and error.

Using trial and error, assuming 'n' as 5 years, we can calculate the present value:

PV = $18,000 / (1 + 0.15)^5

PV ≈ $9,356.38

So, at a service life of approximately 5 years, Pump B becomes competitive with Pump A when approximately $9,356.38 is invested at the time of installation to earn sufficient interest.

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When it is necessary to inform a customer about a delay in their order, the proper communication format should be a ______.

Answers

Answer:

Business letter

Explanation:

A BUSINESS LETTER is type of letter which a company or an organization can use to communicate with their client or with other company or organization and the main aim or purpose of a BUSINESS LETTER include the following; It help to inform a customer or a client about an order , it can be use to make inquiring and it can be use to help inform a customer or client concerning the delay in the order the Customer made from the company or the reason why the order was delay among others, which is why BUSINESS LETTER is of paramount or important it enables a company or organization to pass information to their clients or to another company.

Therefore the proper communication format a commpany or an organization can use to inform a customer about a delay in their order should be a BUSINESS LETTER.

Answer:

b

Explanation:

edge

Employers can try to overcome the moral-hazard problem involving their employees by.

Answers

Employers can be able to try and overcome the moral-hazard problem involving their employees by d. better monitoring their employees' work efforts.

What is moral hazard?

Moral Hazard refers to the notion that a person is less likely to work for the benefit of something if they know that they are protected in case the thing does not work out. In other words, when people are protected from consequences, there is less incentive for them to actually work in such a way as to prevent something from going wrong.

In terms of employment, employees on stable salaries may not always work for the benefit of the company. They might not work as hard as they are meant to, and might only put in ineffective work, knowing that they will still get paid. If a company wants to overcome this moral hazard problem with employees, they should monitor the work of their employees better, to see if they are doing what they should be doing.

Options for this question include:

a. requiring their employees to take a pre-employment work effort test.b.paying their employees below-equilibrium wages since the employees will likely shirk some of their responsibilities.c. paying their employees more often.d. better monitoring their employees' work efforts.

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Have a good day!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! :)

Answers

Answer:

hey you too!

Explanation:

love the positivity

thank you!! hope you do too :)

Olivia is a partner in Pacific Trade. In the majority of states, with respect to any partnership obligations that Olivia does not participate in, know about, or ratify, she would be liable for

Answers

In the partnership, Olivia does not participate in, know about, or ratify, she would be liable for all of the obligations jointly and severally.

What is partnership?

It should be noted that partnership simply means a business agreement between two or more people to achieve a common goal.

In this case, in the partnership, Olivia does not participate in, know about, or ratify, she would be liable for all of the obligations jointly and severally.

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he loves me, he gives me all his money, that gucci prada comfy, my suger daddy:)

Answers

Answer:

what did he sayyyyyyyyyy

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discuss the role of the factor market in the circular flow​

Answers

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The recording of adjusting entries is supported by the a. cash-basis of accounting. b. matching concept. c. accuracy concept. d. cost concept.

Answers

The recording of adjusting entries is supported by the B. matching concept.

What is the matching concept ?

The matching concept is an accounting principle that requires expenses to be recognized in the same accounting period as the related revenue. Adjusting entries are made at the end of an accounting period to ensure that the matching principle is followed.

These entries adjust the accounts to accurately reflect the revenues and expenses for the period, and to ensure that the financial statements are accurate and complete. Adjusting entries are made regardless of whether a company uses the cash basis or accrual basis of accounting, as they are necessary to ensure the accuracy of the financial statements.

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an accountant is unable to complete a compilation engagement for a nonissuer because management has not provided the necessary information. as a result, the accountant should

Answers

An accountant is not able to finish a compilation engagement for a nonissuer because control has now not supplied the vital statistics. as a result, the accountant should withdraw from the engagement.

A compilation engagement is a sort of engagement in which a company engages an out of doors accountant to prepare and gift economic statements. It is not designed to express an opinion or provide a warranty regarding the records contained within the monetary declaration.

A compilation engagement is a mandate through which an authorized public accountant collects the statistics supplied thru the control of the business enterprise and offers it inside the shape of financial statements.

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There is an ideal gas turbine that shows a pressure ratio of 4, inlet air temperature of 298 K, a pressure of 0.1MPa, and a mass flow rate of 1kg/s. The combustion temperature is 1673 K. Working fluid can be assumed as an ideal gas. Specific heat at constant pressure and specific heat ratio of the working fluid is 1.0 (kJ/(kg K)), 1.4.(1) Calculate the compressor power assuming that compressor efficiency is 1.0.(2) Calculate the expansion work of the turbine assuming that turbine efficiency is 1.0.(3) Calculate the adsorbed heat in the cycle.(4) Calculate the theoretical thermal efficiency of the turbine.(5) Here, let us consider the actual gas turbine under the given condition. When turbine efficiency is 85 %; the adiabatic efficiency of the compressor is 83 %, calculate the actual thermal efficiency of the turbine system. How many liters are needed to make a 4. 8M solution of KBr if 4 mole of KBr are available for use? Arjeans opinions are so dependent on what her friends think that she will believe just about anything they tell her. Freud would have suggested that she demonstrates Given an arithmetic sequence described by the formula a= -2(n - 1) + 7 find a^28 Martina Morales was deployed in a combat zone for all of 2021. She is married and has two children. Martina's nontaxable combat pay in 2021 is $21,000. Her husband worked part-time while Martina was deployed and earned $9,000. What is the mavimum amount of narned income the Moralne famil, non vannot for Carned Inaama Tay Cradit nunnene in 20042 Han amount of calitu mome the mass family van reportivi Camiye Tax vitun purposes 11 4041 $9,000 $12,000 $21,000 $30,000 HELP PLEASE, I'M BEING TIMED!!!!!!!!!!!!Two interior angles of a triangle each measure 34 degrees. What is the measure of the third interior angles? 1.) 146 degrees 2.) 56 degrees 3.) 292 degrees 4.) 112 degrees v=10 e=52v divided by e + 4 Roland mows Karla's lawn for $25. Roland's opportunity cost of mowing Karla's lawn is $20, and Karla's willingness to pay Roland to mow her lawn is $28. Refer to Scenario 8-2. Assume Roland is required to pay a tax of $3 each time he mows a lawn. Which of the following results is most likely? a. Karia now will decide to mow her own lawn, and Roland will decide it is no longer in his interest to mow Karia's lawn b. Roland and Karla still can engage in a mutually-agreeable trade c. Roland is willing to mow Karla's lawn, but Karla will decide to mow her own lawn d. Karis is willing to pay Roland to mow her lawn, but Roland will decline her offer Good morning! Please help me sort these out for math in the picture above ( I put letters in red so then you can just tell me where the letter goes under either possible or impossible) "Active portfolio management consists of Multiple Choice markettiming.A. security analysis.B. indexing.C. market timing and/or securityanalysis. D. None of the options are correct." To what extent were the issues of therevolution (causes) resolved by the end of the French Revolution (effects)? can someone please help me and write out the answer What is The difference of 3-32 what is the least common denominator of the equation 3/4(x-3)-1/2=2/3 1.Briefly describe the wind motion of the stationary front.2.What is another name for stationary front. an order has a total of 368 items (worth $23,000) and the firm ships 354 of the items (worth $21,000) on time. what is the dollar fill rate? You are considering an investment that will pay $22537 in 14 years. If the interest rate is 13.89%, what is the most you should be willing to invest today? (Round to 2 decimal places.)(can you please hand write if possible. Using an excel sheet or numbers that don't properly format for fractions on word confuse me. Thank you) Which building was originally built in London to house the Great Exhibition of the Works Industry of All Nations held in 1851? Subduction is much less likely tooccur when two continental platescollide becauseA. the plates are of equal density.B. continental plates are so old.C. continental plates are not subject to platetectonics.D. in order for subduction to occur a volcano mustform. __________ is the view that says ethical decisions are made in order to enforce rules fairly and impartially.