Answer: See explanation
Explanation:
a. . Trade-offs and Opportunity Cost.
A trade-off occurs when an increase in a particular thing brings about a reduction in another thing. It involves reducing a particular resource in order to increase another resource.
Opportunity cost is the loss on a potential gain when one chooses something else.
b. Normative and Positive Economics
Normative economics is when the focus of a particular economy is about fairness and what should be right. It is based on the judgement of individuals or their opinions.
Positive statement is a statement that's backed by facts. It is a statement that's said to be true.
c. Consumer Goods and Capital Goods
Consumer goods are the goods that are consumed by individuals in order to satisfy their current wants.
Capital goods are the goods that are used to produce other goods. They are not wanted for immediate consumption but rather used for production process.
d. Resource Markets and Product Markets
A resource market is referred to as a market where a particular business can buy the resources that it need for its production process.
A product market is the market where goods are traded. In such market, one can buy goods like cars, fans, etc
e. Free Market, Mixed and Centrally-Planned
Free market is a market whereby the individuals and the firms are the one controlling the resources in such market. Prices are determined in such market based on the interaction that occurs between the demand and supply. There's minimal intervention from the government in such market.
Command economy can also be called a planned economy and it is the economy whereby the allocation off goods and the services for that economy is down by the government.
Mixed economy is an economy whereby all the economic agents like the individual, the firms and government all play a role in the production and also the distribution of goods and services.
Reece is trying to increase the number of products he sells every week so he will get a promotion this year. What are accurate ways to describe this goal? Check all that apply. intermediate goal career goal educational goal financial goal long-term goal
Answer:
intermediate goal
career goal
Explanation:
A goal is a desired result am individual wants to achieve in the future. Goals are usually time bound, that is they are meant to be achieved in a given time frame.
In the given instance Reece is trying to increase the number of products he sells every week so he will get a promotion this year.
With regards to duration goals can be short term, intermediate, or long term.
His goal of increasing weekly sales is an intermediate one.
Career goals are those that are measured by level of achievement on one's job. Reece is looking at getting a promotion in this year.
A. Intermediate Goal
B. Career Goal
Edge 2021
my 10 year old sister looked up anime and she looked at b-o-obies and she just cried-
help..
Even though personal selling is the most expensive method of communication on a per-person-reached basis, businesses continue to use personal selling because of advantages in:
Answer:
flexibility and control
Explanation:
Personal selling can be regarded as a way whereby Businesses utilize the action of sales force to get their products sold when there is a face-to-face contact with the customer. The product is promoted by the seller as a result of the seller's knowledge base a specialist, attitude as well as his appearance. They convince the customers.
ECONOMICS!! PLEASE HELP ME!!
Frederick works in a local government for a certain city. One his primary responsibilities is to check whether the city’s contracts, bids, and tax reports meet certain specific guidelines. Which government career role does Frederick perform.
Answer: B - City administrator
Explanation: took the plato test
Which of the following represent features of continuing education? Check all of the boxes that apply.
not necessary for those with an advanced degree (MD or PhD)
can include self-study such as reading
usually required to maintain a license
often available from professional organizations
only available from universities
Answer:
b,c,d
Explanation:
"Continuing education (CE) is an essential part of a health science or technology career and can include all kinds of education, including self-study. CE is usually required to maintain a professional license."
Answer:
b, c, d
Explanation:
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If a demand for a product is inelastic, the value of the price elasticity of demand is: Group of answer choices zero. equal to one. greater than one. less than one. qiuzlet
Answer:
less than one
Explanation:
In the case when the demand of the product is inelastic that means the value of the price elastic of demand would be less than one
Therefore as per the given situation the last option is correct
And, the rest of the options are incorrect
So the same is relevant
When Nigel teased coworker Rachel about yawning with her mouth closed throughout most of the board meeting, she laughed aloud, an exchange that illustrates impression management involves ____________.
Answer:
a. collaboration
Explanation:
These are the options for the question
a. collaboration
b. reflected appraisal
c. self-disclosure
d. low context
Collaboration in Businesses can be regarded as working practice that allows individuals to work together in the organization so that the common Business purpose can be achieved.
collaboration helps in creation of
purposeful connections in order to achieve goals and give room for problems to be solved through sharing of ideals among individuals.
For instance, When Nigel teased coworker Rachel about yawning with her mouth closed throughout most of the board meeting, she laughed aloud, an exchange that illustrates impression management involves collaboration
An economic principle states that the lower the price of a product, the greater the quantity consumers will wish to purchase. This principle is based on the critical assumption that