Answer:
marginal analysis
Explanation:
it is believed that the rational man makes marginal analysis.
for example, a rational man would continue consumption up to the point that the marginal utility of the last bottle consumed equal marginal price.
If marginal utility falls below price, consumption should stop.
If marginal utility is above price, consumption should continue
Answer:
leftward shift in demand keeping supply constant
Explanation:
Demand curve is graphical curve representing quantity demanded at various prices, downward sloping based on law of demand (price demand inverse relationship).
- Change in quantity demanded is due to change in price factor of demand. It leads to movement on the demand curve itself.
- Change in demand is due to change in factors other than price. It leads to shift of the demand curve.
Markets are at equilibrium where Market Demand & Market Supply intersect. A decrease in quantity & price is consistent with : Decrease in demand, due to factor other than price. It would lead to leftwards shift in demand curve. This would create excess supply of goods, supply remaining same. Excess supply would create competition among sellers, reduce the new equilibrium price.
Answer:
Interpersonal roles
Explanation:
Interpersonal roles spread the connections that a supervisor must have with others. The three jobs inside this class are nonentity, pioneer and contact. Administrators need to gather, scatter and transmit data and have three comparing.
It spread the connections that a supervisor must have with others. The three jobs inside this class are nonentity, pioneer and contact.
Answer:
The variable should be included or excluded based on its significance.
True
Explanation:
Multicollinearity affect independent variables which are correlated. These effect the regression model equation and would increase the deviation error. The standard error is incorporated in the calculation by the variance. When multicollinearity is not included in the population then the variance error will be minimum.
Answer:
The correct option is A
Explanation:
Regressive tax is the kind of tax which is imposed or held in such a way or method, that the rate of tax decreases or falls as the amount subject to the taxation rises.
It describe the effect of distribution on the expenditure or on the income of the person, as the rate progresses or increases from high to low, so that it could make average tax rate increases or exceeds the marginal tax rate.
So, in this case, when both of went to purchase the oven, they have to pay extra 7%, in sales tax, which is a regressive tax.
