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
Leto [7]
3 years ago
9

Why do economists predictions refer to the collective?

Business
1 answer:
UkoKoshka [18]3 years ago
8 0
Predictions usually refer to the collective behavior of large groups rather than individual because looking at the behaviors of a large group of individuals allows economist to discern General patterns of actions and therefore make more reliable generalization.
You might be interested in
An increase in the quantity supplied can result from
QveST [7]
The only factor that can cause a change in quantity supplied is price, so increase in Qs results from a change in supply price.
4 0
3 years ago
Research and media firm Youth Culture publishes Watch magazine, a teen publication distributed free to high school students, and
Anuta_ua [19.1K]

The feedback received through the survey that indicated that boys and girls were demanding very different things from Watch magazine was obtained from questionnaire data, which is a survey method used to gather information.

<h3 /><h3>Qualitative research</h3>

It is a method of scientific investigation that uses verbal and visual data to understand a given phenomenon in a more comprehensive and subjective way, being a method widely used in the social sciences.

Therefore, the questionnaire corresponds to a method of collecting information through an exploratory character that can use words, phrases and images for a better understanding of subjective aspects of human behavior.

The correct answer is:

  • Questionnaire

Find out more information about Qualitative research here:

brainly.com/question/25272333

5 0
2 years ago
Who founded crypto currency in the world​
ohaa [14]

Answer:

☁︎Satoshi Nakamoto's☁︎

Explanation:

Two months later, a paper entitled 'Bitcoin: A Peer-to-Peer Electronic Cash System' was passed around a cryptography mailing list. The paper is the first instance of the mysterious figure, Satoshi Nakamoto's appearance on the web, and permanently links the name "Satoshi Nakamoto" to the cryptocurrency.

7 0
3 years ago
In each of the following examples, name the factor that affects demand and describe its impact on your demand for a new cell pho
Murljashka [212]

Answer:

First of all let's understand what is demand

Demand is the total value of goods and services demanded in an economy during a specific time period at a given price level. It is also referred as the demand for the gross domestic product of a country.

a.

Future expectations:

Since the consumers are expecting the new model in the next year, they would prefer to buy the new model. Thus, present demand for mobile phone would decrease.

b.

Increasing disposable income:

The gift of $500 would increase the disposable income by $500. Since the person’s income increases, they would demand more. Thus, it leads to increase the demand for mobile phone.

c.

Related goods:

Text messaging is complementary goods with the mobile. Since the price of a text message is service price decreases, it leads to increase the demand for mobile.

d.

Preferences:

The friend increases the preferences of buying mobile by describing the positive aspects of new mobile. This increases the person’s interest and he would buy the mobile. Thus, strong preference leads to increase the demand for mobile.

4 0
3 years ago
A _____ is an organizational group responsible for coordinating the project management function throughout an organization. Proj
-BARSIC- [3]

Answer:

Project Management Office

Explanation:

Project Management Office ( PMO )-

It refers to the group in the business or any agency , which is responsible for maintaining the standard of the project management in the organisation is referred to as the Project Management Office .

The project management office , is the main source of any documentation regarding the project , all the guidance and information is present with the PMO.

Hence, from the given information of the question,

The correct option is Project Management Office.

7 0
3 years ago
Other questions:
  • A ____ is a graph of decisions and their possible consequences.
    12·1 answer
  • You smart ?? Help pleasss
    11·1 answer
  • Drag the tiles to the correct boxes. match each act to its purpose
    9·2 answers
  • What form of FDI is NOT an option in the service industry, due to the fact that many services have to be produced where they are
    8·1 answer
  • Which of the following is NOT one of the RESULTS of mass production? A) lower prices B)Product standardization C) increased trad
    6·1 answer
  • The Coase Theorem states that
    13·1 answer
  • If a company owns multiple lines of business in different areas such as cable TV, film entertainment, networks, and publishing,
    14·1 answer
  • A product-focused process is commonly used to produce:
    8·2 answers
  • What is approximate debt of the United States right now
    13·2 answers
  • DESCRIPTION OF THE LAW OF DEMAND
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!