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Oliga [24]
2 years ago
13

Suppose that two things happen simultaneously in the market for fish. First, a new technology allows fishing boats to catch more

fish while using the same number of crew members as before. Second, a new study shows that eating fish at least three times a week helps prevent heart attacks.
1. As a result, the equilibrium price for fish will while the equilibrium quantity of fish will:________
a. increase
b. decrease
c. have an ambiguous change

2. While the equilibrium quantity of fish will: ________
a. increase
b. decrease
c. have an ambiguous change
Business
1 answer:
german2 years ago
3 0
Number 1 = decrease
number 2= have an ambiguous change
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An unusual development in the wake of the 2007-2009 financial crisis was that nominal interest rates on some financial instrumen
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Answer:

c. The real interest rate is 1 percent and the expected inflation rate is minus 2 percent

Explanation:

Nominal interest rate = real interest rate + expected inflation rate.

For the third option, the nominal interest rate: 1% + (-2%) = -1%

For the first option, the nominal interest rate: 2% + 1% = 3%

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3 years ago
Which of the following occupations would least likely to be
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Sandy, the manager of the accounting department of the business where she works, is going on vacation for two weeks. During a st
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Answer:

c.She has distributed power in the organization by delegation.

Explanation:

Delegation is the act of transferring responsibilities by a person with authority to another person. It is the action of a person with authority assigning another person their duties temporarily. Delegation in an organization is only one way, from a senior officer to their junior. It can happen at any level in the management hierarchy.  

Delegating duties will involve the transfer of limited powers. In the case of Sandy, she has delegated her duties to other staff members. She has given them powers to respond to questions on her behalf. Even though Sandy will not be performing her duties, she is still responsible for what happens while she is away.

The delegating authority must ensure they delegate only to people with the ability to perform the assigned tasks. They must also supervise the work they have handed over.  

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Answer:

The employee has most likely committed a <u>Horns error</u>.

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2 years ago
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