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tia_tia [17]
2 years ago
8

Statistics are the straw out of which i like every other ecnomist have to make bricks. Explain

Business
1 answer:
pentagon [3]2 years ago
7 0

As Marshall observed, "Statistics are the straw out of which I, like every other economist, have to create bricks," this statement does definitely illustrate the significance and relevance of statistics in economics.

The economy is one of the most important aspects of our lives. Professionals in the financial sector frequently use it. However, economics without statistics is useless. We will offer statistics on economics with you in this blog. In economics, various statistics in economics are employed. You can reveal those economic information with the aid of this blog. But first, let's look at what statistics mean in the context of economics.

The quantification of data is handled by statistics. The qualitative data that is used in the data collection was represented using a variety of figures. The methodology used to deal with data collection, tabulation, classification, and presentation is known as statistics in economics.

Learn more about statistics in economics here

brainly.com/question/23822576

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Have you ever witnessed fan misbehavior? describe the experience and how it impacted the value you received from the experience.
Brums [2.3K]

What is Misbehavior?
One of the serious issues, especially in secondary school, is when students misbehave or engage in negative class participation, which can include disruptive talking, chronic work avoidance, clowning, interfering with teaching activities, harassing classmates, verbal insults, rudeness to teachers, defiance, and hostility.

Main Content

from students will differ. The consuming situation and environment will typically have the greatest impact on value for other consumers. especially how bad fan behavior makes it difficult for them to see, hear, or otherwise enjoy the event. Typically, fans' inappropriate behavior, such as chanting obscenities at officials, makes customers feel uneasy or terrified. These incidents also interfere with the quality of the shopping experience. Numerous victims of inappropriate fan conduct claim they were unable to concentrate on the event or were unable to fully engage out of concern for retaliation.

To learn more about Misbehavior
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6 0
2 years ago
When you are ready to commit to a topic, the first strategy is to____________.
adelina 88 [10]

Answer: c. identify an area of knowledge or an issue that deeply interests you. conduct a thorough, objective research.

Explanation:

You would write better on any subject where you have an area of knowledge or that which interests you greatly, this is due to the fact that your knowledge gives you an added advantage in writing the subject, you would have had an underlying foundational knowledge which you just need to build on by research and having an objective for the topic. So, having an interest and knowledge in a topic is the first strategy to note when writing a topic.

7 0
3 years ago
16. According to data from the U.S. Department of Energy, sales of the fuel-efficient Toyota Prius hybrid fell from 194,108 vehi
Westkost [7]

Answer:

0.22 and substitutes goods

Explanation:

The computation of the cross-price elasticity of demand using mid point formula is shown below:

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)  

where,  

Change in quantity demanded is

= Q2 - Q1

= 180,603 - 194,108

= -13,505

And, the average of quantity demanded is

= (180,603 + 194,108) ÷ 2

= 187,356

Change in price is

= P2 - P1

= $2.43 - $3.36

= -$0.93

And, the average of price is

= ($2.43 + $3.36) ÷ 2

= 2.895

So, after solving this, the cross - price elasticity is 0.22

Since the cross - price elasticity is positive that reflect the goods are substitutes to each other

4 0
3 years ago
Bitstar global inc. is a soft-drink manufacturing company. kelly, the production manager, works with a human resource consultant
Ludmilka [50]
<span>machine. She uses a simulative approach to increase the effectiveness and efficiency. If Kelly is at the output stage of the process, then she is identifying the inputs utilized in the process for measuring the productivity.</span>
6 0
4 years ago
An indifference curve illustrates ... a) how consumers are indifferent about the location of their own consumption levels relati
Leya [2.2K]

Answer:

Option c) how a consumer might trade off different levels of consumption of each of two goods, while staying at the same utility level.

Explanation:

This is the very definition of an indifference curve. The points in an indifference curve are the combinations of the quantities (level of consumption) of two different goods which will produce the very same utility to the consumer. The consumer will perceive any of those combinations as having the same utility for him.  

For example, a usual graph of various indifference curves will look like the graph attached.

In this graph the combination of 2 pairs of shoes and 15 pants will be perceived as having the same utility as the combination of 5 pairs of shoes and 4 pants. Both are combinations in the same indifference curve, the green one, and the utility of any combination lying in that green curve will be rated the same: u = 1.

8 0
3 years ago
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