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1 year ago

When individuals use all available information about an economic variable to make a decision, expectations are?

1 answer:

7 0

when individuals use all available information about an economic variable to make a decision, expectations are -rational

What is economic variable?

An economic variable is any measurement that helps to consider how an economy may function . for instance population, poverty rate, inflation, and available resources.

What are the five economic variables?

There are 5 common economic variable that are considered :

output, gross domestic product ( GDP ), production, income, and expenditures.

What factors cause economic growth?

Basically , there are two main cause of economic growth: growth in the size of the workforce and growth in the production activity (output per hour worked) of that workforce.

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Paul, the HR manager, works in the Townsville plant and reports to the plant manager there, but he also reports to the corpor

xxMikexx [17]

Answer:

Letter B is correct. Unity of command.

Explanation:

Unity of command is defined as the importance of respecting hierarchy within an organization. The orders are given by the superiors and the subordinates must comply with them, that is, the orders of those who are at the top of the hierarchy must always be respected and only the superiors are allowed to change them.

When there is a violation of the command unit, several related conflicts can arise, such as lack of consensus among teams, disorganization, failure in the communication process, which negatively impact organizational effectiveness.

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3 years ago

If you draw a card with a value of three or less from a standard deck of cards, I will pay you $146. If not, you pay me $24. (Ac

Rainbow [258]

Answer: Expected value = $2.034

Explanation:

Total outcome = 52

Favorable Outcome = 8

Probability of drawing a card with a value of three or less = $\frac{Favorable\ outcome}{Total\ outcome}$

= $\frac{8}{52}$

= $\frac{2}{13}$

Probability of drawing a card with a value of more than three = 1 - $\frac{2}{13}$

= $\frac{11}{13}$

Hence,

Expected value = $146 \times \frac{2}{13} + (-24) \times \frac{11}{13}$

= 22.338 - 20.304

= $2.034

7 0

3 years ago

Why Do Organizations not change in response to environmental pressures?

Elina [12.6K]

Answer:

It often proves difficult to actually realize the change that you have come up with. Especially when it comes to cultural or behavioral change. We want to show that change is not so much something that you have to get others to join. You have to make your change part of it

3 0

3 years ago

__________ is marketing research to better describe marketing problems, situations, or markets such as the market potential for

Alenkasestr [34]

Answer:

Marketing research is marketing research to better describe marketing problems, situations, or markets such as the market potential for a product or the demographics and attitudes of consumers.

What is marketing research? 

Marketing research is the process of designing, gathering analyzing and reporting information that may be used to solve a specific marketing problem.

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2 years ago

Thao is interested in construction and architecture. She would like to become a Civil Engineer in the future.

Dominik [7]

Building, construction, and maintenance of physical architecture is a profession of civil engineering.

Whenever students would like to continue pursuing their civil and structural careers, they require specific skills to be competent in their choice of job.

The competencies that also conform to the civil engineering career seem to be:

Skilled in mathematics, science, and computer design.
Likes mechanically inclined to work with her hands.
Good, patient, and persistent communicating.
It could be use to discuss ideas and subjects, defend them and negotiate.

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3 years ago