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2 years ago

Economics Unit 5 Study Guide

Business

1 answer:

Alika [10]2 years ago

4 0

The Government agency and the organizations are the groups that are facilitated for the working by the government, privately or with government support.

<h3>What is Government agency?</h3>

The Government agency and the organizations are the groups that are operated either privately or by the government for the operation of the task.

The Government agency is defined as a public organization with the task to complete the work for the government.

The Government Contractor is a private business that works for the completion of the government work.

The Government Corporation is given as the establishment for the independent operation of the goods and services supported by the government.

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I believe that’s right. I’m so sorry if it isn’t.

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3 years ago

Suppose that an economy has 9 million people working full-time. it also has 1 million people who are actively seeking work but c

Luda [366]

The unemployment rate will be of 10% of the economy. We can only have in mind the Million people who are actively seeking work in here which is in itself what is taken into account when talking about economy's unemployment rate. Remember also that the unemployment rate that is consistent with full employment known as the natural rate of unemployment.

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3 years ago

Suppose bundle A contains 5 CDs and 5 DVDs and bundle B contains 2 CDs and 6 DVDs. If a consumer is able to rank different combi

Liono4ka [1.6K]

Answer:

E) a, b, and c are possible.

Explanation:

Consumer has different interests, thus they may prefer either Bundle A with same volume of CD or DVDs or bundle B with more DVDs or even neither of any.

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3 years ago

Another word for ______ incentives is "rewards." Generally, these become more effective when coupled with ____ incentives. For e

IgorC [24]

Answer:

Another word for <u>Financial</u> Incentives is "rewards." Generally, these become more effective when couples with <u>Non-Financial</u> incentives.

For example, a <u>high ranking</u> grade in a class means more when it is possible to<u> get cash reward for that</u> grade.

The topic from which this question is derived is related to the study of Labor Grades and Rank and the Impacts of Non-Financial Incentives on Test Performance

Cheers!

7 0

3 years ago

Select the example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract.

den301095 [7]

The example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract is:

b.) A toy company sells a defective rocket launcher that injures a young boy. The sales contract excludes responsibility for all consequential damages related to the sale of its products, so the company only agrees to refund the cost of the defective toy.

<h3>What is UCC for contract remedies for a seller's breach of contract?</h3>

Consumers have up to six years to raise concerns relating to breach of contract, even though the goods under the contract may not last up to this period. Therefore, the provision by the appliance manufacturer that buyers have a maximum of six months to raise concerns is inconsistent with the Uniform Commercial Code (UCC). The code sets the same comprehensive laws for all commercial activities in the US.

Thus, option "C" is correct.

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2 years ago