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malfutka [58]
3 years ago
10

Which of the following is considered a "want"? AA warm winter coat BSocks CDesigner Sneakers DShoes

Business
2 answers:
Strike441 [17]3 years ago
5 0
C. and d. are both shoes one is just more expensive and better looking so C.
cestrela7 [59]3 years ago
4 0
All of those are wants because none of them are bare necesities
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Suppose Saron has 7 Birr to be spent on two goods: banana and bread. The unit price of banana is 1 Birr and the unit price of a
mojhsa [17]

Answer:

Solution:

A.

p_x=3, G_x=\frac {100}{3}=33\frac{1}{3}p

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p_y=5, G_y=\frac{100}{5}=20p

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B.

100-0.25\times 100=75100−0.25×100=75

p_x=3, G_x=\frac {75}{3}=25p

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75

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C.

p_x=6, G_x=\frac {100}{6}=16\frac{2}{3}p

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100

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D.

p_y=5, G_y=\frac{100}{4}=25p

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4

100

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2.

MU_x=68-60=8, p_x=2MU

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MU_y=29-25=4, p_y-?MU

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y

−?

\frac {MU_x}{p_x}=\frac{MU_y}{p_y}

p

x

MU

x

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p

y

MU

y

\frac{8}{2}=\frac {4}{p_y}

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8 0
3 years ago
While similar in some respects, the key difference between panel data and pooled cross-sectional data is that panel data consist
elixir [45]

Answer:Yes

Explanation:

Pooled data occur when there is a time series of different cross sections with each observations not necessarily from the same unit while Panel data is sample from the same units. The main difference between them is the "units". The units can be countries, households, schools or other things we are collating data on.

In pooled cross section, random samples from different time periods and from different units are taken e.g. we can take data on number of females and males in schools A, B and C in 2020 and schools X, Y and Z in 2023.

In pure panel data, we are using the same units e.g we can take data on genders in schools A, B and C in 2020 and collect data from the same schools in 2023. Therefore the main difference is just the units we observe.

5 0
3 years ago
Two advantages of using ___________ to fill open positions are: (1) it improves the morale of current employees, and (2) the per
mel-nik [20]

Answer:Internal recruitment

Explanation:

Internal recruitment happens When the company as a vacancy and looks with in its existing employees to fill the the vacant position. Hiring within the company has many because the company is hiring some one who is already familiar with culture and ethos of the company, he or she is also familiar with the procedures and operations of the company that reduces induction time and possible training time.

The costs associated with internal recruitment are significantly lower than the costs of recruiting externally for example, recruiting externally the company has to do background checks on the new employees and sometimes pay the the recruiting agency for their services. It also takes a long time to find a suitable candidate when recruiting externally because the company receives many applications which may result in an increase in admin costs associated with recruiting externally.

One major draw back of this recruiting strategy is that it leaves gaps within company work structure or work force. When employees are frequently changing position within the organization it may cause disruption in the function of the company

6 0
3 years ago
At first Rohan thought it was a good idea to offer a car repair pick-up service at his auto repair shop, but then he realized th
mestny [16]

Answer: The R part which stands for RARENESS/RARITY.

Explanation: The VRIO analysis is an acronym for Value, Rareness, Imitability, Organization.

This analysis is used in the evaluation of a business resources and factors that places it above their competition.

The rareness/rarity begs to question if the resource used in business are in the hands of a few.

In this question, Rohan was looking to expand his business by adding a pick-up service but by asking the rareness question, he discovered that the competitive advantage is in the hands of another business Tow-It-Now Inc.

7 0
3 years ago
For consumers, pizza and hamburgers are substitutes. a rise in the price of a pizza causes ________ in the equilibrium price of
Eddi Din [679]
<span>If pizza and hamburgers are substitutes, then a rise in pizza prices will cause consumers to move to hamburgers instead. Assuming a fixed supply curve for hamburgers, this will push out the demand curve, which will cause the equilibrium of the two curves to move to a point of higher price and higher quantity. As such, the correct answer is b: a rise; an increase.</span>
5 0
3 years ago
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