Characteristics/Features of , microeconomics
Nature of Analysis - In microeconomics the behavior of individual consumers and producers in detail is analyzed. It is the study of the subject matter from particular to general.
Method - Microeconomics divides the economy into various small units is analyzed in detail. It is a slicing method.
Scope - Microeconomics analysis involves product pricing. factor pricing and theory of welfare.
Application - Both theoretically and practically , micro economics is useful in formulating various policies, resource allocation. Public finance, international trade....
Nature of Assumption - Assumption of Ceteris Parabus is always made in every microeconomics theory. it means theory is applicable only when other things being same.
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Answer:
correlational research
Explanation:
Based on the scenario being described it can be said that the most suitable method for Professor Milton's needs would be a correlational research. This is a research method in which a researcher measures two variables, and analyzes the relationship between them. Which in this case is exactly what Professor Milton needs since he only has two variables (brain damage and intelligence levels in adults) and wants the examine the relationship between them.
<span>This will most likely drive down the price of that crop. Price is a function of demand and supply, if a bumper crop leads to much more supply with little change on the demand side, the price of the supply will have to reduce for the market to clear.</span>
C. 4 hours to grow enough cells to cause illness.
Answer:
10.35 %
Explanation:
Using the Capital Asset Pricing Model (CAPM) approach, Allen’s cost of equity is
Cost of Equity = 4.67% + 0.92 x 6.17%
= 10.35 %