Under Kant's theory, when a company retrenched its employees to boost profit... A Majority happiness B) Minority happiness C Good will D) Categorical imperative
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- Question 6 On which of the following concepts do economists focus their study when explaining how humans behave? emotions money fairness O incentives O justice14. What assumption is important in using economic model to make predicitons? a) the law of demand b) the rationality assumption c) ceteris paribus/ other things being equal d)evryone being a price taker1. Father of Economics
- b please assist with the following question show all working out and a short explanation please You are the sole survivor of a shipwreck on a desert island. You do not expect to be rescued.You can either use your time to grow food to consume immediately, or to build new tools andbuildings (capital) which will increase your supply of food in future years.b) You discover a more efficient way of harvesting coconuts, that increases your foodproduction by 50%, taking labour input and other inputs as given. Show the impact onyour total production and labour supply (i) in the short run and (ii) in the longer term,if this allows you to spend some of your time producing capital.2. Which words best complete the following sentence ? A rational decision maker always chooses the option for which marginal benefit is _______ marginal cost?13. What is opportunity cost? Give with example?
- 3. Managerial economics involves the application of economic theory and decision science. POONAM CHAND. a. Trueb. FalseWhat assumptions about the economy must he true for the invisible hand to work? To what extent are those assumptions valid in line real world?QUESTION 2 The assertion that "there is no free lunch" means that: OA. there are always trade- offs between economic O B. all production involves the use of scarce resources and thus the sacrifice of alternative goods OC. marginal analysis is used in economic O D.choices need not be made if behavior is rational goals reasoning
- 741 Ny 7:0 Mond Content X + ultra/courses/_99030_1/cl/outline manipic cempo me manipic accompis. INIU Force Completion. This test can be saved and resumed later. BILLETTE Your answers are saved automatically. * Question Completion Status: QUESTION 1 The goal of the consumer is to maximize the total utility or satisfaction derived from their purchase choices, given the unique budget constraint. To calculate total utility of a given combination of T-shirts and movies, one would use the following approach: O a. For a given combination of T-shirts and movies, survey a group of individuals to determine an average for utils to be assigned to the number of T-shirts and movies. O b. For a given combination of T-shirts and movies, use Google to identify the number of utils associated with the number of T-shirts and movies and thenlum them. O c. For a given combination of T-shirts and movies, assign a number of utils to that combination. O d. Use utils as a measure of utility, assigning a…this response. Question 36 Ben Solo and Jerry Jones both produce cones and ice cream. Their production possibilities are shown below. They are considering trading. Ben Jerry Cones Cones 6 4. A 3 0 1 2 Ice Cream Ice Cream (If you can't see the image of want to see a larger versioh click here.) Give an example of a trade price where both would benefit from trade. cones per unit of ice cream. A Moving to another question will save this response.Question 2 Full explain this question and all part work u i give you thum ????