Answer:
The ansewr is a barter based economy.
In a barter based economy, goods are exchanged for other goods, because no good that takes the functions of money exists (unit of account, store of value, and medium of exchange).
Barter economies can work on a limited scope, but to a larger extent, they can become inefficient, because this type of economy requires a double coincidence of wants: both parties of the transaction must desire the other party's goods.
Provisions in the law that automatically increase government spending or decrease taxes when real output declines are called:
Answer: automatic stabilizers
Explanation:
Automatic stabilizers are the provisions in the law that automatically increase government spending or decrease taxes when real output declines.
It should be noted that automatic stabilizers can be used to reduce recession impact on people by helping them to survive even when there is a job loss.
disadvantages of online shopping ?
Answer:
Lack of significant discounts in online shops
Lack of touch and feel of merchandise in online shopping
Delay in delivery
Lack of interactivity in online shopping
Lack of shopping experience
Lack of close examination in online shopping
Frauds in online shopping
Explanation:
Diane is passionate about soccer and decides to open her own soccer sporting goods store. She invests her money, time, and effort into making the store a success. Diane can be best described as a(n)
Answer:
The answer is entrepreneur
Explanation:
Diane showed the trait of an entrepreneur. An entrepreneur is someone who tries to solve a particular problem or challenge by setting up a business. He takes up the risk and tries to fight it in order to be successful because of the passion he has for the business. Entrepreneur also sources for the capital for the business which can be in form of borrowed money or equity contribution.
Dana and Phil have evaluated their situation, and have decided to purchase a unit in a cooperative housing project. Which FHA loan program might work for them?
Answer:
Title ll Section 203(n)
Explanation:
The FHS-insured 1st mortgage loans are loans that a borrower can use to help purchase a home as a primary residence. The FHA loan program that would for Dana and Phile would be a Title ll Loan, specifically Section 203(n). This section of the program is specifically for individuals looking to purchase of a unit in a cooperative housing project. Which in this case is exactly what Dana and Phil are trying to purchase a unit in.
Use the following scenario to answer the following questions: Suppose that Canada, an industrialized nation, and Mexico, a developing nation, both produce clothes and cars. The real wage in Mexico is lower than in Canada. The countries have a free trade agreement. Each nation will find a comparative advantage.
A society could achieve a higher level of productivity if:________
a. each person in the society is a jack-of-all-trades.
b. it takes advantage of each individual's comparative advantage.
c. it does not trade with other nations.
d. it does not tax imported goods.
e. it does not limit exports.
Answer:
A society could achieve a higher level of productivity if:________
b. it takes advantage of each individual's comparative advantage.
Explanation:
In the same way that nations can achieve higher levels of productivity if each nation takes advantage of its comparative advantage in production, individuals in the society can help it to achieve a higher level of productivity if each individual takes advantage of her or his comparative advantage. This economic concept calls for specialization in the fields where one has comparative skills that are better than others'. This implies that one can deploy resources and skills to achieve more in a specialized field than being a jack-of-all-trades.
In the investment industry, the principle of _______________ supports investing in a wide range of companies to reduce the level of risk.
Answer: diversification
Explanation:
Diversification is a technique used on order to minimize risk and it is simply the allocation of investments into various indutries or financial instruments.
This is done to maximize returns and also minimize the risks as investing in different sectors will make them.react differently to certain things.
When a firm develops a knowledge asset, such as a process, pays for it and reuses it over and over at a very low cost, this adds ___________ for the firm.
Answer:
a competitive advantage
Explanation:
A period of temporary economic decline during which trade and industrial
activity are reduced; generally identified by a fall in gross domestic
product (GDP) *
Recession
O Market Economy
O Bullish
hurry-
If the market price is $4, this firm will a. Produce 3 units of output in the short run and exit in the long run b. Produce 4 units of output in the short run and exit in the long run c. Produce 5 units of output in the short run and face competition from new market entrants in the long run d. Shut down in the short run and exit in the long run
Answer:
a. Produce 3 units of output in the short run and exit in the long run
Explanation:
According to the question, the data provided is as follows
The market price is $4
Based on the above information, since the price on the market is 4
So we can conclude that the firm could produced the 3 units of output and after that it would be exit in the long run
Therefore the correct option is a
And all the other options are wrong
"When a firm analyzes its objectives and performance, availability of resources, structural characteristics, and organizational culture, the firm is most likely examining its:"
Answer:
The firm is likely examining its "Internal environment"
Explanation:
An organization internal environment comprises of internal stakeholders such as employees, suppliers, customers. Basically, the internal environment refers to the culture, members, factors in aid of or that is working for an organization. Internal environment has the ability to influence the decisions of the organization. Factors like Customer, management, suppliers, employees are internal environment which management can control easily and effectively by policies and proper strategies.
This table shows the CTSOs that four high school students are involved in: A 2-column table with 4 rows. Column 1 is labeled Student with entries Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Assuming the students continue down the same career path, which table shows the professional organization that each student would most likely be a part of in the future?
Answer: ELYSE. TSA. AFP. <—- the one that has that in the first Column
Explanation:
TSA is very similar to AFP
Answer:
a
Explanation:
"A customer buys pharmaceutical and utility stocks in his portfolio. This portfolio would be best characterized as:"
Answer:
Defensive Portfolio
Explanation:
Defensive portfolio consist of stocks that are protected from the market movement forces such that they perform acceptably well both during good and bad economic times, much unlike cyclical stocks. The companies within the portfolio are those that manufacture and produce essential goods and services and therefore will also thrive when the economy is in a difficult state.
Many defensive portfolio companies offer dividends with the effect of reducing capital losses.
(MC)What was the main way that African American farmers get out of the debt that they incurred as sharecroppers
Answer:
Debt peonage
Explanation:
Debt peonage is defined the process by which a debt owed is paid off by work or labour.
In America after the civil war ended a lot of Black American farmers were sharecroppers who incurred debts. These debts were paid off by the process of debt peonage.
Farmers were forced to pay a share of their crops to cover expenses such as rent and purchase of equipment needed for farming.
When they were unable to pay off the debt the had to work to pay it off. They could not earn enough income to pay off the debt.
Which of the following are reasons that the aggregate demand curve slopes downward? Check all that apply. As the price level rises, households' real income increases. As the price level rises, imports become relatively cheaper than domestically produced goods. As the price level rises, households' real wealth decreases.
Answer:
As the price level rises, imports become relatively cheaper than domestically produced goods.
Explanation:
The aggregate demand curve is a graph showing the total quantity of all goods and services demanded by an economy at different price levels.
As price level increases, the cost of domestic goods increases and imports become cheaper. As a result, the demand for domestic goods falls as price level falls and the demand for imported goods increases.
The reason that the aggregate demand curve slopes downward is first option i.e. As the price level rises, households' real income increases.
The following information should be considered:
Higher prices reduce the purchasing power of those whose incomes are fixed in nominal terms. Higher prices make foreign goods more competitive and domestic goods less competitive so imports rise and exports fall.Learn more: brainly.com/question/16911495
Corporate cults may undermine organizational effectiveness because they lock people into _____, which can blind them to new opportunities and unique problems.
Answer:
Mental models.
Explanation:
Corporate cults may undermine organizational effectiveness because they lock people into mental models, which can blind them to new opportunities and unique problems.
Corporate cult can be defined as the behaviors and belief system which determines how the management in a company interact, handle and control the employees working for her.
These employees are usually brainwashed into believing in the organizational goals and as such would become blind to other better opportunities and dysfunctional processes and cultures in the organization.
The bike-sharing service ofo has 200 bicycles on Nasim’s college campus. He has a subscription to the service so he can simply check out a bike at one of the "boxes" painted on the concrete sidewalks on campus and return it to any box at a later time. The service encourages appropriate behavior with the bikes through a point system. Providing bikes at boxes on campus would constitute which element of the marketing mix for ofo?
Answer:
place
Explanation:
The 4 P's of marketing goods are:
productpriceplace (AKA location): refers to where our product will be sold, including what distribution channels will be used (wholesalers, retailers), internet, etc. promotionA customer has a fully paid options position and is long marginable stock. Subsequently he receives a margin call on his long stock position. Which of the following statements are TRUE?
I The customer can borrow against long options contracts to satisfy a portion of the margin call
II The customer cannot borrow against the long options contracts to satisfy the margin call
III Long option contracts have a loan value of 0%
IV Long option contracts have a loan value of 50%
a. I and III
b. I and IV
c. II and III
d. II and IV
Answer: II and III
Explanation:
From the question, we are informed that a customer has a fully paid options position and is long marginable stock and that subsequently he receives a margin call on his long stock position.
The statements that are true are that the customer cannot borrow against the long options contracts to satisfy the margin call and the long option contracts have a loan value of 0%.
Therefore, option C is the right answer.
The managerial function of ______ involves monitoring performance, comparing it to goals, and taking corrective action when needed.
Answer:
Controlling
Explanation:
Out of the many functions of management, controlling is an important managerial function. Controlling can be referred to as a managerial function that enables the achievement of results as it relates to set goals. This function involves the measurement of progress for the purpose of achieving organizational goals. It helps to ensure that subordinates and managers inclusive are doing what is necessary, identify errors and take corrective measures to meet up to the standard.
Do you think a nation’s output should be distributed according to income or according to some other standard (such as basic human need)? explain your answer.
Answer:
i think that income is built for order and human need
Explanation:
if we distributed according to human need that's technically a communist country
The case of Max v. National Credit Co. is heard in a trial court. The case of O! Boy! Ice Cream Co. v. Pickled Peppers, Inc., is heard in an appellate court. The difference between a trial and an appellate court is whether
Answer:
Trial Court v. Appellate Court
The difference between a trial and an appellate court is whether:
the case has been heard before or not.
Explanation:
In a trial court, the lawyers of Max and National Credit Co. present evidence and legal arguments to persuade the judge in a bench trial. This is so because this is the first trial of the case. A trial court is a court of first instance, unlike an appellate court.
In an appellate court, the lawyers of O! Boy! Ice Cream Co. and Pickled Peppers, Inc. simply argue legal and policy issues before the judge or a group of judges. The appellate court has the powers to finally decide the case, or refer it for retrial at the trial court, or even remand the case.
France and England both produce cheese and cloth under conditions of constant opportunity costs. France will have a comparative advantage in cheese production if: A. it can produce more cheese than England. B. its labor productivity in cheese production is greater than England's. C. the absolute cost of producing cheese is lower in France than in England. D. the opportunity cost of cheese production is lower in France than in England. E. it can produce more cloth than England.
Answer:
D
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
For example, England produces 10 yards of clothes and 5 kg of cheese. France produces 5 yards of clothes and 10 kg of cheese.
for England,
opportunity cost of producing clothes = 5/10 = 0.5
opportunity cost of producing cheese = 10/5 = 2
for France,
opportunity cost of producing cheese = 5/10 = 0.5
opportunity cost of producing clothes = 10/5 = 2
England has a comparative advantage in the production of clothes and France has a comparative advantage in the production of cheese
Suppose that productivity growth in an economy over a two-year period has fallen to less than 2% per year, causing a severe recession. From the neoclassical view, which of the following will be more important in these circumstances?
a. an increase in the annual unemployment rate
b. supply and demand in the labor market
c. the problem of cyclical unemployment
d. the growth rate of long- term productivity
Answer: d. the growth rate of long- term productivity
Explanation:
From the question, we are informed that that the productivity growth in an economy over a two-year period has fallen to less than 2% per year, causing a severe recession. From the neo-classical view, the important things are
encouraging long-term growth, curtailing inflation.
Therefore, the growth rate of long- term productivity is the correct answer.
On what form would you find information regarding itemized closing costs due to other parties, such as tax assessments, recording fees and attorney's fees?
Answer:
Closing disclosure form
Explanation:
Closing disclosure form is a form used in mortgage application that provides a final detail about the mortgage loan being applied for. It is received at least three business days before your closing.
It is usually a five page form that contains information relating to the loan terms , projected monthly payment , interest rate , estate tax and the processing fees to arrived at the closing cost
Other costs that can be found in the closing disclosure form are recording fees, attorney's fees and tax assessment
The industry characteristics that make it very difficult for firms to achieve strategic competitiveness and earn above-average returns includes all of the following EXCEPT:
a. Low entry barriers
b. Supplier and buyers with strong bargaining positions
c. Strong competitive threats from product substitutes
d. Relatively moderate rivalry
Answer:
d. Relatively moderate rivalry
Explanation:
The attributes for the industry in order to make it difficult to accomplish competitiveness and earned more than the average returns includes the following things like
a. Less entry barriers
2. Supplier and buyer contains strong bargaining positions
3. The Competitive threat arises from substitutes of product
But it does not involve the rivalry moderation and the same is to be considered
The survey has bias. (a) determine the type of bias. (b) suggest a remedy. upper a pro dash military advocate wants to estimate the percentage of people who favor increasing funding for the military. she conducts a nationwide survey of 1450 randomly selected adults 18 years and older. the interviewer asks the respondents, "do you favor being patriotic by supporting our armed forces question mark " (a) which of these best describes the bias in the survey? sampling bias response bias your answer is correct. nonresponse bias undercoverage bias (b) how can the bias be remedied?
a. the interviewer should survey people under 18 as well.
b. the interviewer should survey a greater number of adults 18 and older.
c. the interviewer should survey people by phone and in person.
d. the interviewer should reword the question.
Answer:
B). Response bias
D). The interviewer should reword the question.
Explanation:
Response bias is described as the type of bias in which a variety of tendencies are displayed by the respondents to answer the questions asked in the survey inaccurately or misleadingly. These false responses eventually lead to a false or deceiving conclusion. In the given survey, 'response bias' is displayed as the respondents may display a tendency to answer the question falsely as the feeling of 'patriotism' evoked by the word 'patriotic' may prevent their original opinions to come out. Thus, option B is the correct answer to describe the bias in this survey.
In order to prevent this bias, the interviewer must 'reword the question' and remove the word 'patriotic' as it develops the feeling of patriotism in the respondents which mars them from answering accurately and share their true opinions or thoughts in the regards of 'supporting armed forces.' This rewording will help evoke the true and authentic responses without any bias. Thus, option D is the correct answer to remedy the bias.
Which section of a CAR Residential Listing Agreement states that the agreement is binding between the seller and seller's successors and assigns?
Answer:
Section 18 of the Exclusive Right to Sell Listing Agreement form is the section that indicates the binding agreement between the seller and seller's successors and assigns.
Explanation:
The section provides that when the agreement is signed it binds both the parties. The binding agreement is legally enforceable and binds both the parties to the contract.
It shall meet the offer perspective and along with the acceptance perspective. for it to be a valid and legal contract. This section ensures that the con tract is legally binding on both the successors along with the assigns.
Dunkin’ Donuts offers some localized programs; for example, offering free coffee to all customers if a local sports team wins an important game. This is an example of which of the four Ps?
Answer:
Promotion
Explanation:
The four Ps refers to the price, product, promotion and place
In the given situation since it is mentioned that the dunkin donuts offered free coffee in case when the local sports team wins
so this represents the promotion as the company want to aware of its products so that the customer could visit there that results in increased in demand which ultimately increased the profit
Therefore this is an example of promotion
Which of the following kinds of price discrimination occurs when each customer is charged one price for the first set of units purchased and a lower price for subsequent units purchased?
a. Perfect price discrimination
b. Third-degree price discrimination
c. This is not an example of price discrimination
d. Second-degree price discrimination
Answer:
D
Explanation:
Price discrimination is when the same product is sold at different prices to customers in different markets
types of price discrimination
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
"At WainPort Industries, the firm’s senior managers approach marketing implementation with the belief that marketing strategy should be developed at the top of the organization and then transmitted to lower levels where frontline managers and employees implement it. What implementation approach is being used at WainPort?"
Answer:
The correct answer is: Implementation by command.
Explanation:
To begin with, in the field of marketing the "Command Approach" is understood as the method of implemantion by which the strategy is established in the top levels of the organization and then is transmitted to the whole other inferior levels in order to implement it and carry out the action that must be done as planned with the only purpose to accomplish all the goals preestablished. Therefore that WainPort is using that type of marketing implementation in the organization when they push the information from the higher levels to the lower levels.
A decrease in the price of toothpaste in a tube can lead to a decrease in the purchase of toothpaste in a pump. This means: A. Toothpaste in a tube and in a pump are substitute goods and the demand curve for toothpaste in a tube will shift right. B. Toothpaste in a tube and in a pump are complementary goods and the demand curve for toothpaste in a tube will shift right. C. Toothpaste in a tube and in a pump are substitute goods and the demand curve for toothpaste in a pump will shift left. D. Toothpaste in a tube and in a pump are complementary goods and the demand curve for toothpaste in a pump will shift left. E. Toothpaste in a tube and in a pump are complementary goods and the demand curve for both toothpastes will shift left.
Answer:
C. Toothpaste in a tube and in a pump are substitute goods and the demand curve for toothpaste in a pump will shift left.
Explanation:
toothpaste in a tube and toothpaste in a pump are substitute goods.
Substitute goods are goods that can be used in place of another good.
If the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.
Only changes in price of a good can lead to movement along the demand curve for that good. A decrease in the price of toothpaste in a tube would lead to a movement downward along the demand curve
Other factors affecting demand leads to a shift of the demand curve either to the right or to the left.
A decrease in the price of toothpaste in a tube would lead to a decrease in the purchase of toothpaste in a pump. This would lead to a leftward shift of the demand curve of toothpaste in a pump to the left.