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AveGali [126]
1 year ago
14

True or false: positive economics encourages value judgments.

Business
1 answer:
Stels [109]1 year ago
3 0

Positive economics encourages value judgments False

This is further explained below.

<h3>What is positive economics?</h3>

Generally, positive economics is simply defined as describing a particular approach to the study of economics. Many economists base their forecasts on past and present events inside an economy.

In conclusion, In a nutshell, a flourishing economy does not promote moral judgments.

Read more about positive economics

brainly.com/question/15573174

#SPJ12

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A student finds data on an internet site that contains financial information about selected companies. he plans to analyze the d
garri49 [273]

The kind of data source is not known. Results may be invalid because some internet websites don’t upgrade their formats to the latest one. A lot of important details may also be missing from internet sites since some of their formats are incorrect while their data cannot be used as resource in some statistic software.

6 0
2 years ago
Consider the following comments about absorption- and variable-costing income statements:
GrogVix [38]

Answer:

E) I, II, and III.

Explanation:

Variable costing can be regarded as a concept of managerial accounting cost

whereby during the period of producing the product there is incurred

manufacturing overhead.

Absorption costing income statement, utilize absorption costing when creating income statement. The income statement focus on the cost through sectioning of cost into period cost and product.

It should be noted that

I. A variable-costing income statement discloses a firm's contribution margin.

II. Cost of goods sold on an absorption-costing income statement includes fixed costs.

III. The amount of variable selling and administrative cost is the same on absorption- and variable-costing income statements.

7 0
2 years ago
The inventory data for an item for November are:
Katen [24]

Answer:

USING LIFO METHOD

Nov 1 Opening inventory 20 [email protected]$19 =   380

Nov 4 Sales                       10 [email protected]$19   = (190)    

Nov 10 Purchases              30 [email protected]$20 = 600  

Nov 17 Sales                       20 [email protected]$20 = (400)

Nov 30 Purchases              10 [email protected]$21  = <u>210</u>

Cost of merchandise sold                            <u> 600  </u>

The correct answer is B  

Explanation:

In LIFO method of inventory valuation, most recent stocks are issued first. For instance, sales of 10 units in November 4 will be issued from the November 1 opening inventory and valued at the price of opening inventory.November 17 sales will be issued from November 10 purchases and valued at the price of November 10 purchases.

8 0
3 years ago
_____ media are specifically designed to help bring customers eyeball to eyeball with the product--often at the point of sale or
cupoosta [38]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Exhibitive.

b) Transit.

c) Direct mail.

d) Outdoor.

e) Print.

And the correct answer is the option A: Exhibitive.

Explanation:

To begin with, the term known as <em>"Exhibitive Media"</em>, in the field of marketing and business, refers to the strategy used by the companies whose approach is in the point of sale marketing. This type of strategy focus on exhibiting the product to the costumer the closer as possible so it will generate an impulse on the client of buying the product without having it thought before seeing the product. A very common example of this strategy is the situation in where the supermarkets fill their lines to the cashier with other retails that have product that are attractive at first sight.

6 0
2 years ago
The formal or informal societal rules that specify or prohibit certain behaviors in specific situations are called ______.
babymother [125]

Answer:

social norms

Explanation:

Social norms can be seen as mutual depictions of appropriate social behavior as well as internal opinions of specific group behavior. Norms can be seen as cultural ideas (including principles, traditions, and rituals) that serve a basic understanding of what others practice and believe that they ought to be doing.

Social norms are, if seen as a societal viewpoint, informal interpretations which regulate the actions of people in a society. In response to religious or community expectations, behavioral economics acknowledges smaller group structures (such as a team or perhaps a department) can also accept norms independently.

6 0
3 years ago
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