One of the major methods of problem solving used by economists is:
a. intuition
b. custom
c. holistic approach
d. the marginal approach

Answers

Answer 1
custom

In a simple answer, look at the study of economics, supply/demand, efficient pricing, lowering costs, etc. Now, take those into real world situations and APPLY the to solve the problems that every business has. The problem anyone dealing with economics, government, businesses, institutions have. Apply the economic theories, you will find that life in an office and the classroom can have different problems. Companies tend to be good at the very big stuff; raw materials, manufacturing, sales. Even there they can make improvements. But they spend a lot on transportation, communications, human resources. These things can be improved upon. Apply what you learned to real life problems and solve them.


Related Questions

in the table, which of the following is most likely to account for the large expected demand for registered nurses

A. the educational requirements to be a registered nurse are increasing more rapidly.

B. The American population is aging and older people need more health care than younger people.

C. The job demands little education.

D.Fewer young people are expected to go to college

Answers

The factor that is most likely to account for the large expected demand for registered nurses is the American population is aging and older people need more health care than younger people.

An increase in demand for registered nurses can result from an increase in the aging population. This group of population would require care for nurses. An increase in demand for registered nurses would lead to a rightward shift of the demand curve for nurses.

If the educational requirements needed to be a registered nurse increases and fewer people are expected to go to college, the supply of registered nurses would decline. If the job requires little education, the supply of registered nurses would increase.

A similar question was answered here: https://brainly.com/question/14456267

Answer:

B. The American population is aging and older people need more health care than younger people.

If Pizza Hut uses digital media along with more traditional newspaper ads to create a more synchronized and consistent message for customers, it is most likely engaging in

Answers

The creation of a synchronized and consistent message for the customers of Pizza Hut using digital media and traditional newspaper ads shows that Pizza Hut is most likely engaging in: Integrated Marketing Communications (IMC).

What is Integrated Marketing Communications (IMC)?Integrated Marketing Communications (IMC) can be described as the promotion and the application of marketing efforts in consistently passing a persuasive message that has impact on customers.Various promotion elements are synchronized to improve the effectiveness and efficiency of budget allocated to promotion.

Thus, the creation of a synchronized and consistent message for the customers of Pizza Hut using digital media and traditional newspaper ads shows that Pizza Hut is most likely engaging in: Integrated Marketing Communications (IMC).

Learn more about Integrated Marketing Communications (IMC) on:

https://brainly.com/question/9696745

Harris Corporation has ​$407 million in​ cash, and 116 million shares outstanding. Suppose the corporate tax rate is 32% and investors pay no taxes on​ dividends, capital​ gains, or interest income. Investors had expected Harris to pay out the $407 million through a share repurchase. Suppose instead that Harris announces it will permanently retain the​ cash, and use the interest on the cash to pay a regular dividend. If there are no other benefits of retaining the​ cash, how will​ Harris' stock price change upon this​ announcement?

Answers

Answer:

369

Explanation:

407x116=369

1. Give short introduction of the professions in public service sector.​

Answers

Explanation:

#1 Listen to the team. ...

#2 Respect the chain of command. ...

#3 Get your hands dirty. ...

#4 Deliver on promised results. ...

#5 Resolve conflicts quickly. ...

#6 Value people. ...

Organizational cohesiveness. ...

Respect and trust.

Select all that apply Identify the statements below which summarize what cash discounts are. (Check all that apply.) Multiple select question. A reduced payment applies to the credit period. A buyer views a cash discount as a purchase discount. A reduced payment applies to the discount period. Cash discounts are described in credit terms. Sellers can grant a cash discount to encourage buyers to pay earlier. A seller views a cash discount as a sales discount. A seller views a cash discount as a purchase discount.

Answers

So basically 2-3 is 6 so that means that a cupboard is not actually a cupboard it’s a whale

How do early retirement affect on business activity?

Answers

Answer:

Under early retirement, workers who retire early are awarded an early retirement pension, while those who retire at mandatory age receive the full pension. In this setting, early retirement persistently distorts the human capital accumulation decision of the low-ability types, and thus reduces economic growth.

Being a single parent can be tough because
A.
You have twice the income and half the expenses.
B.
Changes in welfare laws increase the amount of time welfare will help the single parent.
C.
Taxes are much higher for single people than for those who are married.
D.
Working to support the family often means paying higher costs for child care.

Answers

Answer:

the answer is letter D

Explanation:

because as a single mother, you have to support your family, and needs to pay higher cost for your children.

The answer is letter D.

What is a click-and mortar store?



a store with an actual building



a store that sells online only



a store that sells products in malls



a store that sells products in stores and online

Answers

Answer:

a store that selles product in stores and online

Management considers only operational performace measures B. Management considers only lag indicators C. Management considers both financial and operational performace measures D. Management considers only financial performace measures

Answers

Answer:

C

Explanation:

C

Both financial and operational measures should be considered.

ở mỹ nổi lên một nhà triệu phú nổi tiếng về kỹ nghệ da mèo chiến lược mèo xơi chuột chuột xơi mèo

Answers

Meta nam Diogo Merida hai

What happened to the Oil Industry in Venezuela?

Answers

Answer:

Since 2014, oil production in Venezuela has suffered from a poor oil market and Venezuela's insufficient funding of the industry. ... The Economic policy of the Nicolás Maduro administration did not revive the oil decline, and by 2016, the oil production reached the lowest it had been in 23 years.

Explanation:

In other words the oil industry crashed due to the reasons provided above

Suppose some banks decide to increase their holdings of excess reserves relative to deposits. Ceteris paribus, this action will put _______ pressure on the money supply, and to reduce the impact of this action the Fed could _______.

Answers

The action of the bank will put decreased pressure on the money supply, and to reduce the impact of this action, the Fed could decrease the discount rate.

Basically, a decrease in discount rate will make it easy and cheaper for commercial banks to borrow money from Federal Reserve System and thus, results to increase in available credit and lending in the economy

Therefore, if the commercial banks decide to increase their holdings of excess reserves supposed to be remitted to Feds, then, this will put decreased pressure on the money supply, and the Fed would act by decreasing the discount rate.

Read more about this here

brainly.com/question/20023706

Heidi Ganahl, CEO and Founder of Camp Bow Wow, seems to have the ability to inspire people she works with to accept her vision and support her efforts to be the best. This is an example of:

Answers

Answer:

good leadership

Explanation:

The fact that she inspires and not demands is an example of good leadership skills

Heidi Ganahl, CEO and Founder of Camp Bow Wow, seems to have the ability to inspire the people she works with to accept her vision and support her efforts to be the best. This is an example of Charismatic leadership.

Who is a leader?

The term leader is someone who inspires passion and motivation in followers. A leader is someone with a vision and the path to realizing as we see there are different types of leaders who are there as we see in

The organization team leaders are there in it as we see in politics they are different from it. There are different kinds of leaders who are being there. And they can easily lead the group as well.

As charismatic leadership was included as the, charm By leadership they have combined interpersonal connections as well in the leadership.

Therefore, As a result, By charismatic leadership. They have the ability to inspire the people she works with.

Learn more about leaders here:

https://brainly.com/question/15176246

#SPJ6

5. Describe what causes a change in demand.

Answers

Answer: A change in demand describes a shift in consumer desire to purchase a particular good or service, irrespective of a variation in its price. The change could be triggered by a shift in income levels, consumer tastes, or a different price being charged for a related product.

Explanation: mark me brainly please

When she was starting Camp Bow Wow, Heidi Ganahl, the CEO, had a decision to make. To what extent should she wire her facilities to allow dog owners to see what their dogs were doing on the Internet

Answers

Answer:

Little or very minimal

Explanation:

she should only wire her facility to the point where she can control what is being broadcasted to the internet

She wires her facilities to allow dog owners to see what their dogs were doing on the Internet, with little or very minimal

What are owners?

The term owners state one who has the legal or rightful title to something: one to whom the property belongs in business, property owners. He and his sister are the owners of the restaurant. There are some different types of owners who are also there in it. As we see, there are some partners who are also there in the owners as well. By the owners, things are also been changed.

As she was starting Camp Bow Wow, Heidi GANIL, the CEO, had the decision to make  She wires her facilities to allow dog owners to see what their dogs were doing on the Internet, Little or very minimal as she wanted to make the things are being also on the internet been seen.

Therefore, the conclusion is that  She wires her facilities to allow dog owners to see what their dogs were doing on the Internet, with little or very minimal

Learn more about owners here:

https://brainly.com/question/2279699

#SPJ2

Consider the domestic market for Good X in Country A, graphed above. P0=$5, P1=$25, P2=$10, P*=$15, Pw=$20, Q1=40, Q*=80, Q2=120. The world market outside country A observes a price Pw for Good X. When international trade is allowed, what is the total producer surplus? (Do not include the dollar sign $ in your answer)

Answers

Based on the graph and information provided, the total producer surplus will be $900.

The producer surplus simply refers to the difference between how much an individual would be willing to accept for a particular good and how much the person eventually receives when the good is sold.

It should be noted that the difference or surplus amount that the producer gets is the producer surplus. Based on the graph, the producer surplus is $900.

Read related link on:

https://brainly.com/question/25456883

Pat Jones is a college student who is planning some networking
opportunities for the current semester. Pat wanted to look professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.

*****Be sure to include the following in your original response which should be at least four paragraphs with at least five sentences each:

1. Provide a brief description of the scenario in your own words.
2. Do you feel Pat's new strategy is ethical? Why or why not? Could
there be any consequences with this strategy?
3. How will this new strategy impact the company/companies where the suits are purchased?
4. What journal entry/entries would the company have to record
related to the return of the suit?

Answers

Answer:

1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.

2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.

3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.

Explanation:

How can big data can use to achieve banking

Answers

Answer:

Track customer spending patterns.

Segment customers based on their profiles.

Implement risk management processes.

Personalize product offerings.

Incorporate retention strategies.

Collect, analyze, and respond to customer feedback.

Explanation:

Big data solutions in banking allow companies to collect, make sense of and share branch (as well as individual employee) performance metrics across departments in real time. This means better visibility into the day-to-day operations and an elevated ability to proactively solve any issues.

What is distinctive about double-entry accounting?

A.
It tracks both income and expenses in the same place.

B.
Each piece of information is recorded in at least 2 accounts.

C.
Two copies are made of each record for safety.

D.
Two users must verify the accuracy of each entry.

Answers

Answer:

the answer to your question is d

During the implementation stage, the Fallon creative team works with Fallon media buyers to select and schedule the media. Because Fallon Worldwide offers a number of services including research, media, copy, artwork, and production, it would be classified as a(n)

Answers

Due to the fact that Fallon Worldwide offers a number of services including research, media, copy, artwork, and production, it would be classified as a full service agency.

A full service agency simply means a fully integrated advertising and marketing agency that provides a complete set of services. Such an agency can handle all the marketing aspects of a business.

In this case, since Fallon Worldwide offers a number of services including research, media, copy, artwork, and production, then it would be classified as a full service agency.

Read related link on:

https://brainly.com/question/25483521

A negative attitude can lead to
O more completed work
O high turnover
O better work environment
O fewer conflicts between employees

Answers

Negative attitude can lead to high turnover

A specific statement of the organization's purpose, its products, and its customers is called a mission statement.
Select one:
True
False

Answers

Answer:

true..,........................

In property and casualty insurance the combined ratio is equal to ______________________ divided by total premiums written. the sum of the loss ratio plus loss adjustment expenses

Answers

The formula for deriving the combined ratio is {(Sum of the loss ratio  + General expenses + broker's commissions) / Total premiums written].

In insurance, the combined ratio is used to measure the profitability of an insurance company in terms of its daily underwriting business.

The formula for deriving the combined ratio is {(Sum of the loss ratio  + General expenses + broker's commissions) / Total premiums written]

In conclusion, the combined ratio helps to evaluate the insurance company's profitability and financial health through measurement of its day-to-day performance.

Learn more about this here

brainly.com/question/2202005

A company is aware that it sells an inferior good with a coefficient of income elasticity of demand (-)0.5. At present it sells 500 units each year at an average price of 2,000 each. At the last budget, the Finance Minister forecast an increase in real income for the economy of 5%.

Answers

The revenue earned by the company will reduce if the Finance Minister's forecast of an increase in real income by 5% is correct.

Data and Calculations:

Coefficient of income elasticity of demand = (-)0.5

Annual demand of the inferior good = 500 units

Average price of the good per unit = $2,000

Total dollar demand = $1,000,000 ($2,000 x 500)

Increase in real income by 5% = $1,050,000 ($1,000,000 x 1.05)

Decrease in quantity demanded = 475 (500 x 1 - 0.5)

If the price remains $2,000, the revenue will be reduced to $950,000 (475 x $2,000).

But most likely, the price will reduce to at least $1,900 ($2,000 x  1 - 0.5), then the revenue will be reduced to $902,500 (475 x $1,900).

Thus, the revenue earned by this company will reduce if the Minister is correct in the forecast's 5% increase in real income.

Learn more: https://brainly.com/question/21414356

Challenges of internship simulation workshop

Answers

Answer:

online payments

Explanation:

People often encounter different kinds of issues. Challenges of internship simulation workshop are:

It is difficult finding the right step and also the right talent.There is the issue of relocation, housing, and transportation issues.There is the challenge of understanding terms, finding right and fit wise talent.Difficulty in the level of comprehension among student.There is a an issue of small or the lack of awareness.

What is an internship simulation workshop?

This is a type of workshop that student are required to engage in. The workshop is know to be divided into modules.

It is aimed to expose students to the different realities of the world of work. This is done through simulations and scenario-based analysis where there is the application of concepts and theories which the student have learnt to practical situations.

Learn more about internship simulation workshop  from

https://brainly.com/question/25385643

Beautinator Cosmetics borrowed $152,300 from a bank for three years. If the quoted rate (APR) is 11.75 percent, and the compounding is daily, what is the effective annual rate (EAR)

Answers

ear ear 11.75 beep boop bop

The effective annual interest rate (EAR) is the rate of interest that shows the actual rate that is owed on a loan. The effective annual interest rate reflects the impacts of compounding.  

EAR = (1 + periodic interest rate)^m - 1

Periodic interest rate = APR /m

11.75 / 365 = 0.032192%

m =  number of compounding = 365

EAR = (1 + 0.000322)^365 - 1 = 0.1247 = 12.47%

A similar question was answered here: https://brainly.com/question/20562753

Consumer A consumes gasoline Rmb 200 yuan while consumer B purchases 20 liters of gasoline every time. What are the price elasticities of these two consumers?

Answers

The price elasticity of these two buyers is different because consumer A only has 200 yuan and buys as much gasoline as can be with that money, while consumer B needs 20 liters regardless of its price.

The price elasticity of demand is a term that refers to the change in the quantity demanded of a good when its price changes. According to the above, the elasticity of the consumer A does vary because he only has 200 yuan to buy gasoline, so if the value of gasoline increases, he will be able to buy less gasoline.

On the other hand, consumer B does not have much interest in the value of gasoline because he needs 20 liters, that is, if the value increases or decreases, he will continue to buy the 20 liters regardless of its value.

Learn more in: https://brainly.com/question/14469117

Jake nickells crowdsourcing approach to his business initially kept the business finances under control in all of the following ways except

Answers

Answer:

It eliminated the need for fixed costs.

Explanation:

Jake Nickells crowdsourcing approach to his business initially kept the business finances under control in all of the following ways except that it eliminated the need for a fixed cost.

Crowdsourcing simply means a sourcing model where individuals or organizations obtain goods or services from a large group of participants.

It should be noted that Jake Nickells crowdsourcing approach to his business initially kept the business finances under control as it enabled bulk printing, eliminated the need to hire employees, etc. It should be noted that it didn't eliminate the need for a fixed cost.

Read related link on:

https://brainly.com/question/24037993

Compared to Country Y, Country X has a comparative advantage in producing computers. Country Y has a comparative advantage over Country X in producing automobiles. How can the two countries BEST take advantage of this situation?
Country X and Country Y can impose barriers to trade between themselves.

Country X and Country Y can specialize their production and trade with each other.

County Y can stop producing goods and import all of its products from Country X.

Country X can stop producing goods and import all of its products from Country Y.

Suppose the value of the Japanese yen appreciates relative to the US dollar. Who would this benefit? Select all that apply.
Japanese tourists visiting the United States

US tourists visiting Japan

Japanese exporters of goods to the United States

US importers of goods from Japan

Japanese importers of goods from the United States

Look at the exchange rate table. Then answer the question that follows.

Ethan is an American who buys and sells goods in the international market. He recently bought goods that cost 10,000 yen from a company in Japan. How much money did he spend in US dollars?$100

$1,000

$10,000

$100,000

Answers

When a country or organization is able to produce a certain good or service at a lower opportunity cost than competitors, such country organization is said to have a comparative advantage on such product.

1.)

Hence, the best way to both countries can take advantage of the situation is for countries X and Y to specialize in that good in which it has comparative advantage, then trade with one another.

2.)

Since the Japanese yen has appreciated over the dollar, then, the beneficiaries would be ;

Japanese importers of goods from the United StatesJapanese tourists visiting the United States

These is because they could get more with less.

3.)

Total cost of goods = 10,000 yen

100 yen = $1

10000 yen = x

Cross multiply

100x = 10000

x = 10000 ÷ 100

x = 100

Hence, Ethan has spent $100

Learn more :https://brainly.com/question/25553664

Culture clashes frequently happen when ________ within an organization interpret rules differently based on their levels within the organization

Answers

Based on sociological research study, culture clashes frequently happen when subcultures within an organization interpret rules differently based on their levels within the organization.

This is because subculture is a term that is used to describe a group of individuals within a large group, usually within an organization, who share the same characters such as problems and experience that is peculiar to them.

Culture clashes occur when this group of people with similar identity or functions interpret rules or objectives differently based on their statuses within the organization.

Hence, in this case, it is concluded that the correct answer is "Subculture."

Learn more here: https://brainly.com/question/14834768

Other Questions
Despite facing many struggles and failures in their quest for better treatment in the 19th century, workers persisted. What do you think motivated their determination and resilience? 6. After a glacier melt what is the order of the appearance of organisms liketrees, grass, shrubs, and lichen? Put them in order of what appears first to thelast. two hundred and seventeen thousandths in decimal form Which passage below from Twain's "The Californian's Tale" shows foreshadowing? A. Sec. 19: I was feeling a deep, strong longing to see her- so insistent, that it made me afraid. B. Sec. 19: You see, she likes to have people come and stop with us--people who know things." C. Sec. 2: Now and then, one came across solitary log cabins of the earliest mining days. Six times a number plus 7 is equal to 55. What is the number? My dog, Stella, loves to go for walks in good weather but refuses to step outside if it is raining. thats finreWhat is the function of the word but in the sentence? plzhelp meadjectiveconjunctionprepositionadverb Sally collected 30.4 pounds of cans to recycle and plans to collect 2.1 more pounds each week. In this situation, what is the value of the y-intercept? Dcrivez la personne dans l'image en choisissant les bonnes rponses du menu.Sophie a les yeux Choose... . Elle a les cheveux Choose... , Choose... et Choose... . Miss Jurkovac went to Costa Rica for 6 days and saw 42 monkeys. If she saw 84 monkeys, how many days was she there?__________ days which has the shorter bond lengths in Alkane,alkene and alkynes The first hate crime legislation was the Civil Rights Act of 1968.FalseTrue 4. According to Newton's First Law of Motion, an object with a net force acting on it will drivers on unpaved roads should give the right of way to drivers on paved roads. Which of the following planned a survey of the Western lands and proposed a plan to sell portions of land to raise revenue?A. Treaty of ParisB. Land Ordinance of 1785C. Articles of ConfederationD. Northwest Ordinance of 1787 The Aztecs wrote books about the culture and practices of their people. One of the unique aspects of these books is that they are largelypictorial although there is some text as well. What were these books called?A. toltecatsB. lintelsC. stelaeD.codices Asap A cyclist needs to spin 100 meters with a velocity of 5 m/s. How long will the cyclist take? C. A - ion (negative ion, one with extra negative charge)? How does Tan build a central idea of her story in the excerpt? Tan references her writing career to build the idea that writing is the most satisfying career choice for Asian Americans. Tan references her work with language to build the idea that all forms of English are purposeful and meaningful. Tan references her fascination with language to build the idea that daily life is the best language source for writers. Tan references her thoughts about language to build the idea that more people should think about their language usage. Write a short narrative including EACH of the following words. Be sure to use imagery to describe the atmosphere, tone, mood, and experience.PRESIDENT * FLOWERS * WHITE HOUSE * HIGH HEELSPLS WRITE 2 PARAGRAPHS explain the trend of population change in nepal over the last one hundred years of census