Answer:
a) & 2) ; b) & 1) ; c) & 4) ; d) & 3)
Demand Curve ; Demand Schedule
Explanation:
a) A graphical object showing the relationship between the price of a good and the amount of the good that buyers are willing and able to purchase at various prices : 2) Demand Curve
b) The amount of a good that buyers are willing and able to purchase at a given price : 1) Quantity Demanded
c) The claim that, with other things being equal, the quantity demanded of a good falls when the price of that good : 4) Law of Demand
d) A table showing the relationship between the price of a good and the amount that buyers are Willing and able to purchase at various prices : 3) Demand Schedule
- If Rina's boss is interested in a graphical representation of the relationship between the price and quantity of televisions demanded, you would advise your coworker to construct<u> Demand Curve</u> using the data provided.
- If Rina's boss is more interested in the detailed numbers used to construct this visual representation, you would instead advise your coworker that <u>Demand Schedule</u> would be more appropriate.
Answer:
the person may be nervous, causing the test to be invalid
Answer:according to the rules of the international code council, one third of all committee members must be members of public safety officials.
Explanation:for openness, transparency,balance of interest and due process
Answer:
Myopic loss aversion
Explanation:
Loss Aversion is defined as the likelihood for individuals to strongly prefer making or avoiding losses over getting or acquiring gains.
Myopic loss aversion is simply defined as likelihood to look(focus) on avoiding short-term losses, even at the hands or expense of long-term gains. It is simply written as;
MLA = Loss aversion + mental accounting.
It is a kind of loss aversion that comprises mainly the idea that people do not see far enough into the future to invest in the right sense and as such life cycle hypothesis is forgotten or ignored.
Answer:
Innovation
Explanation:
The creation and introduction of either a new or improved version of the good or service is called product innovation. Companies use innovation strategies to create, evolve their products and apply new ideas to their products to make profits by getting ahead of the competition. Innovation also leads to product differentiation and gives an organisation edge over others.