One reason that economists use microeconomics as the basis of macroeconomic analysis is:_________

Answers

Answer 1

One reason that economists use microeconomics as the basis of macroeconomic analysis is that all choices are made by individuals and firms.

What is the difference between microeconomics and macroeconomics?

Microeconomics

Microeconomics is the study of how individuals and organizations allocate resources and set the prices at which they exchange products and services. It takes into account government laws, regulations, and taxes.

Supply and demand as well as other factors that affect price levels in the economy are the main topics of microeconomics. It approaches economic analysis from the bottom up. In other words, the goal of microeconomics is to comprehend human actions, choices, and resource allocation.

Macroeconomics

On the other side, macroeconomics examines a nation's behavior and how its policies affect the economy as a whole. Because it examines entire economies and industries rather than specific people or companies, it is a top-down approach. It aims to provide answers to issues like "What should the inflation rate be?" and "What spurs economic growth?"

Macroeconomics examines how changes in net exports affect a country's capital account or how the unemployment rate affects gross domestic product (GDP).

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You just received your financial aid offer and you see that you’ve been offered a Direct Subsidized Loan and a Direct Unsubsidized Loan. Assuming you accept both loans, explain how interest is handled differently between these two types of loans and how that can impact your monthly payments.

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The way that interest is handled in Direct Subsidized Loan and a Direct Unsubsidized Loan is that:

Interest accrues (additionally) on loans with daily interest every day. You are not liable for paying the interest that accrues while you are in school if your loans are subsidized. Even when you're in school, if your loans are unsubsidized, you're still responsible for paying all accumulated interest.

While you are enrolled in school at least half-time or even during deferment periods, interest on your subsidized loans does not accrue.

Have interest-bearing loans, subsidized or unsubsidized?

Subsidized loans clearly prevail when compared to unsubsidized loans. A subsidized loan will save you money throughout the course of the loan if you are eligible for one. You will pay less in interest costs. Nevertheless, not everyone will be eligible for a subsidized loan.

While enrolled at least half-time in school or during deferment periods, interest is not charged on subsidized loans. Loans that aren't based on financial need are known as unsubsidized loans, and they are available to both undergraduate and graduate students.

Therefore, with the use of a subsidized direct loan, the lender or government (for Federal Direct Subsidized Loans, also known as Subsidized Stafford Loans) pays your interest while you're in school (a minimum of one year).

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Consumers, Who Tend To Follow The Crowd Value Long-Term Reputation, Shop For Their Families, Buy From Trusted Retailers and prefer traditional brick and mortar stores probably belong to which type of culture?

1. Self directed

2. Self actualized

3. Independent

4. Collectivistic

5. Individualistic

Answers

Based on the provided characteristics, the consumers described likely belong to a collectivistic culture. Collectivistic cultures prioritize the group or community's well-being and place importance on social harmony, relationships, and long-term reputation.

In collectivistic cultures, individuals tend to make decisions based on the interests and values of their family, social group, or community. They value the opinions and recommendations of others and are more likely to follow the crowd or rely on word-of-mouth recommendations. Trust and reputation are highly regarded, leading them to shop from trusted retailers and prefer traditional brick and mortar stores, which are often seen as established and reliable. Furthermore, collectivistic cultures emphasize the welfare of the family and kinship ties. Consumers in such cultures tend to make purchasing decisions with their families in mind, considering the needs and preferences of their loved ones. They may prioritize shopping for their families over individual desires or preferences. On the other hand, individualistic cultures place greater emphasis on personal goals, independence, and individual achievement. Consumers in individualistic cultures are more likely to make autonomous choices based on personal needs and desires, rather than considering collective values or long-term reputation.

Therefore, based on the characteristics provided, the consumers described align more closely with the values and behaviors associated with collectivistic cultures.

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What type of special title insurance policy is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed

Answers

Answer:

A vendee policy.

Explanation:

A vendee policy is a type of special title insurance policy that is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed.

This ultimately implies that, a vendee policy is an equitable buyer's lien issued to the purchaser of a real estate property in order to protect them in terms of repayment of the money being made as payment. It serves as a form of security for the buyer of a real estate property and as such it is enforceable by a court of competent jurisdiction.

write a journal post with three things you might be able to do to go to college (or any other option you are considering after high school) without student loan debt?

Answers

Answer:

You can apply for scholarships, work in high school, and receive grants.

Explanation:

You can possibly graduate college without debt or little money owed back to a bank.

The first option is a scholarship, this money is usually only offered from a range of $500-fully paid tuition. You may have to apply to hundreds before you are granted some but they are offered from freshmen in high school all the way to almost graduating college.

Your second option is working,  sophomore year is when you'd be able to get a job the earliest. Every paycheck you save about 20%, work all the way through college and you can save enough to pay for your first year, possibly second year of college. You could also work while you're a full-time student, it'd be hard work but it can be done.

Your third option, but not last is to apply for grants. This is basically free money, they differ from scholarships though. You do not have to pay grants back, and you can get sponsored by companies to pay your way through college.

5 pts) Assume that the housing voucher as described in question #7 is o = $15. a. What is the new market demand curve, p = f(H), where H is demand for all consumers. b. What is the new equilibrium price? Show your answer to 3 decimal places. c. What is the demand for housing by a low wealth consumer? d. What is demand for housing by a wealthy consumer? e. What is the utility of a low wealth consumer and of a wealthy consumer? f. What is the cost to the government?

Answers

a. The new market demand curve, p = f(H), will shift upward by the amount of the housing voucher ($15). b. The new equilibrium price will be determined by the intersection of the new market demand curve and the housing supply curve. c. The demand for housing by a low wealth consumers will depend on their individual preferences and budget constraints. d. The demand for housing by a wealthy consumer will also depend on their preferences and budget constraints, which may differ from those of low wealth consumers. e. The utility of a low wealth consumer and a wealthy consumer will depend on their respective preferences and the level of housing they are able to afford. f. The cost to the government will be equal to the total amount of housing vouchers provided.

a. The new market demand curve, p = f(H), will shift upward by the amount of the housing voucher ($15). This means that for each quantity of housing, the price consumers are willing to pay will increase by $15.

b. The new equilibrium price will be determined by the intersection of the new market demand curve and the housing supply curve. The specific equilibrium price will depend on the shape of the supply curve and how it interacts with the shifted demand curve. To determine the equilibrium price, the supply curve would need to be considered.

c. The demand for housing by a low wealth consumer will depend on their individual preferences and budget constraints. With the housing voucher, their purchasing power will increase, allowing them to afford housing options that were previously out of their reach.

d. The demand for housing by a wealthy consumer will also depend on their preferences and budget constraints, which may differ from those of low wealth consumers. Wealthier individuals may have a higher budget for housing and different preferences for the type and location of housing they desire.

e. The utility of a low wealth consumer and a wealthy consumer will depend on their respective preferences and the level of housing they are able to afford. Utility represents the satisfaction or happiness a consumer derives from consuming a good or service. With the housing voucher, the low wealth consumer may experience increased utility by being able to access better housing options. The utility of a wealthy consumer may also be influenced by their ability to afford preferred housing choices.

f. The cost to the government will be equal to the total amount of housing vouchers provided. In this case, the housing voucher amount is given as $15. The government will need to allocate funds to cover the cost of the vouchers distributed to eligible consumers. The total cost will depend on the number of vouchers distributed and the duration for which they are provided.

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Which of the following is not an example of professional behavior
?

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What are the answers?

the collaborating style of conflict management includes the collaborating style of conflict management includes confrontation. all of the statements are correct. integration. smoothing.

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The collaborating style of conflict management includes option A:  all of the statements are correct and they are:

a. confrontation

b. integration

c. smoothing

What is the collaborative style of conflict management?

Combining assertiveness and cooperation, persons with a collaborative style make an effort to work with others to find a solution that truly addresses everyone's concerns. This approach, which is the antithesis of avoiding, allows both parties to achieve their goals while minimizing awkwardness.

Therefore, For instance, the only way to resolve a conflict between two coworkers about who will complete a certain task is to find a happy medium where both parties are satisfied.

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What is the MOST likely result of imposing a price ceiling on a particular product?​

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Answer:

Usually, when a price ceiling is imposed, the demand for the product goes up. This can cause a shortage of products because of their high-demand. Conversely, the opposite occurs when a price floor is imposed.

Suppose that Boeing and Rolls-Royce Holdings are the sole producers of a particular jet engine. The two firms currently charge the same price for their products. If neither firm reduces the price of its engine, each firm earns $36 million in profit. If both firms reduce their prices, then each firm will earn $10 million in profit. If one firm reduces its price and the other does not, then the firm that reduces its price will earn a profit of $50 million while the other firm will earn a profit of $5 million. If the firms can operate as a cartel, then

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Answer:

each firm reduces its price.

(d) State how the double entry would be completed for the items recorded in the ledger accounts
column of the petty cash book.

Answers

The general ledger's expense account is debited for the sum of each expense column.

How does a general ledger work?

An organization employs a general ledger, which is a group of numbered accounts, to record its financial activities and generate financial reports. A unique record detailing a particular kind of asset, risk, equity, revenue, or expense makes up each account.

Which five categories of accounts for general ledgers are there?

Accounts receivable, a commodity account, represents money owed to your business. Accounts payable refers to money that your business owes to creditors for expenses. Cash: Easily convertible assets held by your company, such as accounts and owner' equity.

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in a mixed market economy government regulations are intended to

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Answer Explanation:

In a mixed market economy government regulations are intended to correct market failures like pollution and traffic congestion; advance social welfare; and for other factors like national security and defense.

what famous type of cryptocurrency was recently valued at more than $64,000 per unit, though its value has fluctuated wildly in the past?

Answers

The famous cryptocurrency that was recently valued at the staggering amount of $64,000 is Bitcoin.

Bitcoin:

Is the most popular cryptocurrency there is Has had its value fluctuate wildly in the past Was recently valued at $64,000.

Bitcoin was the first cryptocurrency and has seen its value change wildly in the past due solely to the forces of supply and demand. It is however going strong at the moment.

In conclusion, the crypto described is Bitcoin.

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The country in which an International company has its primary headquarters and the larger consumer base is called its
trading country
economic country
host country
home country

Answers

I feel that economic would be the one that makes sense to me could be wrong though hope this helps

What category of the Thomas-Kilmann Conflict Mode Instrument involves giving in to the customer at the expense of the organization, even if the situation does not truly call for it?
collaboration

accommodation

compromise

competition

Answers

Answer:

collaboration

Explanation:

The Thomas-Kilmann Instrument is designed to measure a person's behavior in conflict situations. “Conflict situations” are those in which the concerns of two people appear to be incompatible

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Answer:

collaboration.

Explanation:

The word collaboration is so overused and overhyped it’s becoming meaningless.  Even with the launch of intranet software, video technology, and other collaborative tools, some people still suffer from, and complain about, poor collaboration.This forced us to contemplate the true nature of collaboration and explore its many dimensions. The journey resulted in a simple, useful definition for collaboration, and arriving on an important conclusion: Collaboration is a deeply human activity, and no tool on its own can solve the problem of poor collaboration.This conclusion may seem obvious , but many people believe that “if you build it, they will come”. It took a lot of failure and organizational development theory to discover how organizational culture and managerial practices can either nurture or hinder good collaboration

Think of a company that takes care of its stake holders in conscious marketing. How does it take care of its stake holders, such as community and environment?

Answers

A company that practices conscious marketing takes care of its stakeholders, including the community and environment, in several ways.

Firstly, it focuses on building strong relationships with the community by actively engaging in social initiatives and giving back through various philanthropic activities. This could involve supporting local schools, healthcare facilities, or other community development projects.

In terms of the environment, the company adopts sustainable practices to minimize its ecological impact. It may invest in renewable energy sources, reduce waste generation, and implement recycling programs. The company may also prioritize environmentally friendly sourcing and production methods, ensuring that its products or services are not harmful to the environment.

Additionally, conscious marketing companies often prioritize transparency and ethical business practices. They communicate openly with their stakeholders, providing clear information about their actions and initiatives. This helps to build trust and maintain positive relationships with customers, employees, and investors. By considering the interests of the community and environment, these companies aim to create long-term value and contribute positively to society. (148 words)

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Successful system building requires careful ________ management to minimize organizational resistance.
A) cost
B) technology
C) change
D) supply chain
E) system application

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The answer is (C) change. Successful system building requires careful change management to minimize organizational resistance.

This is because any new system will inevitably bring about some change in the way that people work, and this can be unsettling for many people. If change is not managed effectively, it can lead to resistance, which can derail the project or even prevent it from being implemented altogether. Change management is the process of helping people to understand and accept change, and to develop the skills and knowledge they need to cope with it. It involves a number of steps, such as: Communicating the need for change effectively

Enabling people to participate in the change process

Providing training and support

Managing expectations

By carefully managing change, organizations can increase the chances of successful system building. The other options are incorrect. Cost management is important, but it is not the most important factor in successful system building. Technology management is also important, but it is not the only factor that needs to be considered. Supply chain management and system application management are not as important as change management in the context of successful system building.

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

Answers

Answer: Contract is voided

Explanation:

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

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

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

If labor productivity for the first quarter was 575.4 and then when we calculate it for the next quarter it is 547.5, which statement best describes what this might mean? (note the units for this are deliberately left off to make sure you
understand the meaning of productivity)
A• The productivity drop signifies a cost drop and more efficient use of resources and is positive news
B• Our productivity dropped, perhaps through lower output and is not a good sign

Answers

B• Our productivity dropped, perhaps through lower output and is not a good sign.

Explain the concept of economies of scale and its impact on business profitability.

The decrease in labor productivity from 575.4 to 547.5 suggests a decline in output or a decrease in the efficiency of resource utilization.

This is not a positive sign as it indicates a drop in the productivity of labor, which can negatively impact overall performance and efficiency.

It may imply that the organization is not utilizing its resources effectively or that there are issues affecting the output level.

Further analysis and investigation are needed to identify the specific reasons behind the decrease in productivity and to take appropriate measures to address the situation.

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brazil has an absolute advantage in the production of [a.] wheat and chile has an absolute advantage in the production of beef. [b.] beef and chile has an absolute advantage in the production of wheat. [c.] both goods and chile has an absolute advantage in the production of neither good. [d.] neither good and chile has an absolute advantage in the production of both goods.

Answers

The correct answer is [c.] both goods and Chile has an absolute advantage in the production of neither good.

Absolute advantage refers to a country's ability to produce a particular good or service more efficiently than another country. In this scenario, Brazil has an absolute advantage in wheat production, while Chile has an absolute advantage in beef production. However, the question states that Brazil has an absolute advantage in wheat, not beef.

Therefore, option [a.] is incorrect. Similarly, option [b.] states that Chile has an absolute advantage in both beef and wheat production, which is inconsistent with the information provided. Option [d.] suggests that Chile has an absolute advantage in both goods, which contradicts the given statement. Hence, the correct answer is [c.] since neither Brazil nor Chile has an absolute advantage in the production of both goods.

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Pachel Corporation reports the following information pertaining to its accounts receivable.
Days Past Due
Current 1–30 31–60 61–90 Over 90
$60,000 $40,000 $25,000 $12,000 $2,000
The company’s credit department provided the following estimates regarding the percent of accounts expected to eventually be written off from each category listed.
Current receivables outstanding 2 %
Receivables 1–30 days past due 4 Receivables 31–60 days past due 16 Receivables 61–90 days past due 40 Receivables over 90 days past due 90 The company uses a balance sheet approach to estimate credit losses.
a. Record the company’s uncollectible accounts expense, assuming it has a $1,400 credit balance in its Allowance for Doubtful Accounts prior to making the necessary adjustment.
b. Record the company’s uncollectible accounts expense, assuming it has a $1,600 debit balance in its Allowance for Doubtful Accounts prior to making the necessary adjustment.

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To find the uncollectible accounts expense, we will multiply the total receivables with the expected percentage of loss expected on each category of account i.e. Uncollectible accounts expense = Total receivables × Expected % of loss Current Receivables Outstanding:

Expected % of loss = 2%Uncollectible accounts expense = $60,000 × 2/100= $1200Receivables 1-30 days past due: Expected % of loss = 4%Uncollectible accounts expense = $40,000 × 4/100 = $1600Receivables 31-60 days past due: Expected % of loss = 16%Uncollectible accounts expense = $25,000 × 16/100 = $4000Receivables 61-90 days past due: Expected % of loss = 40%Uncollectible accounts expense = $12,000 × 40/100 = $4800Receivables over 90 days past due: Expected % of loss = 90%Uncollectible accounts expense = $2,000 × 90/100 = $1800Total uncollectible accounts expense = $1200 + $1600 + $4000 + $4800 + $1800= $13,000Now,To find the uncollectible accounts expense, assuming it has a $1,400 credit balance in its Allowance for Doubtful Accounts prior to making the necessary adjustment we will make the following entries: Accounts Debit Credit Allowance for Doubtful Accounts $13,000 Uncollectible accounts expense $13,000 Allowance for Doubtful Accounts has a credit balance of $1,400, which will be deducted from the uncollectible accounts expense to find the required adjusting entry.

Accounts Debit Credit Allowance for Doubtful Accounts $11,600 Uncollectible accounts expense $11,600Now,To find the uncollectible accounts expense, assuming it has a $1,600 debit balance in its Allowance for Doubtful Accounts prior to making the necessary adjustment we will make the following entries: Accounts Debit Credit Allowance for Doubtful Accounts $11,600 Uncollectible accounts expense $11,600 Allowance for Doubtful Accounts has a debit balance of $1,600, which will be added to the uncollectible accounts expense to find the required adjusting entry.

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While your hands are on home row, your left hand rests lightly on _____. z x c v j k l ; q w e r a s d f

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it will rest lightly on the pinky finger on the right hand

Answer:

While your hands are on home row, your left hand rests lightly on A S D F AND The Space Bar

Explanation:

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True or False When evaluating the choice you made you should never second guess your decision? Pls help

Answers

Answer:

False. When you want to make a decision, you have to think about the consequences. Good or bad? Will it affect someone mentally?  Will it help you in the future? It's about the consequences.

Explanation:

in the market for chimichangas, a normal good, you observe that the equilibrium price and quantity have increased. this can be caused only by:

Answers

The observed equilibrium price and quantity which has increased. this can be caused only by the increase in the equilibrium price and quantity of a normal good, such as chimichangas, can be caused by a change in the price of a substitute or complementary good,

The equilibrium price and quantity of a normal good, such as chimichangas, can only increase if there is a shift in either the demand or supply curve.

This shift can be caused by a change in the price of a substitute or complementary good, an increase in income, a change in tastes, an increase in population, a change in the cost of production, or an increase in expected future prices.


For example, if the price of a substitute good (such as burritos) increases, then people may shift away from chimichangas and this would lead to an increase in the equilibrium price and quantity of chimichangas.


Likewise, if incomes rise, people will have more money to spend on chimichangas, leading to an increase in the equilibrium price and quantity. Similarly, if tastes change and people prefer chimichangas over other Mexican dishes,

then the equilibrium price and quantity of chimichangas will increase. Lastly, an increase in population will also lead to an increase in the equilibrium price and quantity of chimichangas.


In summary, an increase in the equilibrium price and quantity of a normal good, such as chimichangas, can be caused by a change in the price of a substitute or complementary good, an increase in income, a change in tastes, an increase in population, a change in the cost of production, or an increase in expected future prices.

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Gilberto Company currently manufactures 65,000 units per year of one of its crucial parts. Variable costs are $1.95 per unit, fixed costs related to making this part are $75,000 per year, and allocated fixed costs are $62,000 per year. Allocated fixed costs are unavoidable whether the company makes or buys the part. Gilberto is considering buying the part from a supplier for a quoted price of $3.25 per unit guaranteed for a three-year period. Calculate the total incremental cost of making 65,000 units. Incremental Costs to Make Relevant Relevant Total Amount per Fixed Costs Relevant Costs Unit Variable cost per unit $65,000.00 126,750 Fixed manufacturing costs Allocated fixed costs Total incremental cost to make 126,750

Answers

Answer:

Explanation:

                  cost of making in-house

Variable cost  = 1.95 * 65,000 = 126,750

Related fixed cost =                      75,000

Unavoidable fixed cost=               62,000

Total cost of manufacturing =      263,750.

                         cost of buying

Unit cost = 3.25*65,000 =            211,250

Unavoidable fixed cost =               62,000

Total cost of buying =                     273,250   .

Cost of buying is higher than the cost of making  

Incremental cost  buying = 273,250-263,250 = 9,500    

Recommendation        

Gilberto should manufacture in - house instead of buying.

Is the sales manager a subordinate? explain why?

Answers

Depending on your use of marketing and sales as complementary or subordinate functions, you can create a management structure that ensures no important duties fall through the cracks.

Level "A" GAAP for a public university, would be established by the: Multiple Choice Financial Accounting Standards Board. American Institute of Certified Public Accountants. Governmental Accounting Standards Board. National Association of College and University Business Officers.

Answers

Governmental Accounting Standards Board (GASB).

Level "A" GAAP (Generally Accepted Accounting Principles) for a public university is established by the Governmental Accounting Standards Board (GASB). The GASB is responsible for setting accounting and financial reporting standards for governmental entities, including public universities. Their standards ensure transparency, consistency, and accountability in the financial reporting of public sector organizations, such as universities. The Financial Accounting Standards Board (FASB) sets accounting standards for private sector entities, while the American Institute of Certified Public Accountants (AICPA) provides guidance and standards for the accounting profession as a whole.

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The outer edge of a circular running track is 330m long. If it is widened by 7m all around, find the cost of widening it at 8 per square metre.​

Answers

Answer:

Here given that perimeter of circular running track =330m

Let radius=r

As we know that in a circle

\({\boxed{\sf Perimeter=2\pi r}}\)

Substitute the values

\(\qquad \quad{:}\longmapsto\tt 2\times\dfrac {22}{7}×r=330 \)

\(\qquad \quad{:}\longmapsto\tt \dfrac {44}{7}r=330 \)

\(\qquad \quad{:}\longmapsto\tt r=\dfrac {330×7 }{44}\)

\(\qquad \quad{:}\longmapsto\tt r=\dfrac{2310}{44}\)

\(\qquad \quad{:}\longmapsto\tt r=52.5 \)

\(\therefore\sf r=53m (Approx)\)

Again

\({\boxed{\sf Area=\pi r^2 }}\)

Substitute the values

\(\qquad \quad{:}\longmapsto\tt Area=\dfrac{22}{7}×(53)^2 \)

\(\qquad \quad{:}\longmapsto\tt Area=8828.2m^2 \)

\(\therefore\sf Area=8828m^2 (Approx)\)

Now

the radius is increased by 7m

Hence

New radius=(x+7)m=53+7=60m

New Area=

\(\qquad \quad{:}\longmapsto\tt \pi. r^2 \)

\(\qquad \quad{:}\longmapsto\tt \dfrac {22}{7}(60)^2 \)

\(\qquad \quad{:}\longmapsto\tt \dfrac {22}{7}×3600 \)

\(\qquad \quad{:}\longmapsto\tt 11314.28m^2 \)

\(\therefore\sf AREA=11314m^2 (Approx).\)

now

Area of widened Area=New area-Old Area

\(\qquad \quad{:}\longmapsto\tt 11314-8828 \)

\(\qquad \quad{:}\longmapsto\tt 2486m^2 \)

Cost of widening per square=8

Total cost=

\(\qquad \quad{:}\longmapsto\tt 2486×8 \)

\(\qquad \quad{:}\longmapsto\tt 19888\)

\(\therefore\sf Total\:cost\:is\: 19888.\)

Can't understand the attachment?

Here is a latex diagram for your question.

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The outer edge of a circular running track is 330m long. If it is widened by 7m all around, find the


10. What's money used to start up a new small
business or help a business expand during a growth
period?

Answers

You look for seed finance from angel investors, then proceed to venture capitalists, and finally make an initial public offering, depending on the stage your business is in and its capacity to generate profits (IPO).

What Is Startup Capital?

The money a new business raises to cover its start-up expenses is referred to as startup capital. A strong business plan or a working prototype must be built by entrepreneurs seeking startup money in order to sell their concept.

Which funding options do small business owners frequently use?

When they are short on cash, small enterprises in the startup stage may employ debt finance or equity financing to raise money. One type of debt financing that small business entrepreneurs use is a bank loan. Allowing stakeholders to own a portion of the company is known as equity financing.

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a key characteristic of a competitive market is that

Answers

Answer:

There are many buyers and sellers in the market. Each company makes a similar product

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A key feature of a competitive market is the presence of numerous buyers and sellers, and each company produces a comparable product.

What is the competitive market?

A perfect market, is also referred to as a competitive market, is defined in economics by several idealizing conditions, collectively known as perfect competition, or atomistic competition. It creates jobs and gives people a choice of employers and work environments.

A healthy market competition is critical to the functioning of the US economy. When firms compete for customers, it leads to lower prices, higher quality goods and services, greater variety, and more innovation.

Therefore, The presence of numerous buyers and sellers is a key feature of a competitive market, and each company produces a comparable product.

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Which of the following is most likely to produce scientific evidence about a theory?
a. an economist employed by the AFL/CIO doing research on the impact of trade restrictions on workers' wages
b. a radio talk show host collecting data on how capital markets respond to taxation
c. a tenured economist employed at a leading university analyzing the impact of bank regulations on rural lending
d. a lawyer employed by General Motors addressing the impact of air bags on passenger safety

Answers

When the economist is employed for the university so it affects the bank regulations. This represent the generation of the scientific evidence related to the theory.

The following information should be considered

The tenured economist should give scientific proof related to the theory. In this, the primary data is collected & then transform into the theoryIn option a, only do the research. The rest of the options does not give scientific evidence.

Therefore we can conclude that option c is correct.

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