1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elena-2011 [213]
3 years ago
7

Sheridan considers herself a religious person who attends worship services regularly, but she did not attend worship services fo

r two weeks in a row. using the principle of aggregation, we can predict that
Business
2 answers:
shusha [124]3 years ago
8 0

The answer is: averaged over time, Sheridan attends worship services regularly.

When we use principle of aggregation, we would not rely on single measurement to make a representation of a person's behavior. We rely more on multiple sets of measurements.

From the case above, Sheridan not attending the services for two weeks could be explained by things such as personal issues or physical illness. Since she considers herself as religious who attend regularly, it is very likely that averaged over time, Sheridan attends worship services regularly.

KonstantinChe [14]3 years ago
7 0
We can predict that Sheridan will likely be affected with her-- not being able to attend the worship services for two weeks as she is a person who is religious and usually attends services regularly. Having to use principle of aggregation means that the behavior of a person, when looking at its aggregate is likely to be apparent and his or her behavior will likely be affected.
You might be interested in
9. Should all poetry, music or art be beautiful? Explain.
Leviafan [203]
This question is mainly about YOUR opinion. Many will say that it will, but some will say it shouldn't. This is based entirely on your opinion. 
8 0
3 years ago
What is meant by allocative efficiency? Allocative efficiency is when every good or service A. is produced up to the point where
Alborosie

Answer:

Option (E) is correct.

Explanation:

Allocative efficiency is created when the gap between marginal benefit and marginal cost is maximum. The marginal benefit is the benefit that a consumer can get by consuming an additional unit of a commodity and the marginal cost is the cost that a producer incurred by producing an additional unit.

Hence, the allocative efficiency is achieved where the difference between these two terms is maximized.

5 0
3 years ago
Suppose Congress is considering raising the top federal marginal tax rate from 35% to 40%. Senator Jones believes the elasticity
KIM [24]

Answer:

Explanation:

Solution-

According to Senator Jones, the elasticity of taxable income is larger, which means that due to a certain percentage rise in taxes, the taxable income rises by a greater percentage. Also, according to Senator Smith, the elasticity of taxable income is small, which means that due to a certain percentage rise in taxes, the taxable income rises by a smaller percentage.

(I) Under Senator Jones assumptions, due to rise in taxes, the taxable income has risen considerably as compared to Senator Smith assumptions. Thus the estimates of additional revenue from the tax increase will be larger under Senator Jones assumptions, compared to Smith's assumptions.

(ii) Since under Senator Jones assumptions, elasticity of taxable income is large. So due to rise in taxes, there is a significant proportional rise in taxable income under Jone's assumptions compared to Senator Smith assumptions. Thus the costs of the tax increase is borne more under Senator Jones assumptions , compared to Smith's assumptions.

3 0
3 years ago
When might adding an additional employee be bad for a small business?
Anarel [89]

Answer:

If the demand for the product or services goes down

Explanation:

A reduction in demand for a good or service results in a decline in its price. As per the law of supply and demand, a decline in demand while holding other factors constant pushing the equilibrium price down. Reduced prices mean that the revenues obtained from the sales of the product or service will decline.

Hiring an extra worker when the demand is low will lead to losses. Low demand causes low prices, which implies that the cost of the new employee will be greater than the benefits obtained from the worker.  A reduction in prices will mean that the marginal product of labor will be lower than the cost of labor.

3 0
3 years ago
Which of the following is a major difference between the​ AD-AS model and the dynamic​ AD-AS model? The dynamic​ AD-AS model ass
const2013 [10]

Answer:

D

  • Potential GDP increases​ continually, while the​ AD-AS model assumes the LRAS does not change.

5 0
3 years ago
Other questions:
  • Metal Shelf ​Company's standard cost for raw materials is $ 4.00 per pound and it is expected that each metal shelf uses two pou
    10·2 answers
  • Which of the following typically happens as prices for a good or service rises?a. suppliers leave the marketb. consumers seek mo
    12·1 answer
  • Each of the following independent events requires a year-end adjusting entry. Show how each event and its related adjusting entr
    14·1 answer
  • Annual production and sales level of Product A is 34,300 units, and the annual production and sales level of Product B is 69,550
    14·1 answer
  • Sending employees on international assignments is an example of the _________approach to employee development. Group of answer c
    12·1 answer
  • Each economy possesses resources and technology to use in production. true or false
    12·1 answer
  • Identifying your sources will help you to establish credibility.
    10·1 answer
  • Write a two page essay on politics (also this is for glassaqt)
    15·2 answers
  • 1.4. Explain the role of financial markets in the economy.​
    6·1 answer
  • Differential pricing means different buyers pay different prices for the same quality and quantity of a product.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!