Answer:
• A professional makes deliberate choices where others have choices made for them or they simply react to what comes their way.
° A professional is afforded the luxury of making deliberate choices because he has made deliberate preparations.
•A professional can make deliberate preparations because his understanding of and familiarity with the relevant (professional) landscape informs him on how to prepare. Also, like the chess master, he is trained to understand the inevitable results of hundreds of different patterns; he has disciplined himself to observe the whole board and not just the most immediate features or the area with the most tension in the game.
•A professional is seldom caught off-balance. The discipline for deliberate preparation and the understanding that comes with it allow that even when something unexpected or unfamiliar is introduced, a professional can quickly understand its basis and easily extrapolate the appropriate tactic, strategy, or process for ethically and successfully resolving issues.
•In this capacity, and most fundamentally, a professional habitually makes the right choices because all of his choices are based on the integrity provided by his moral and ethical foundation. Any choice of expedience over integrity can quite easily be recognized by anyone as the wrong choice. Here, the professional simply acknowledges what is obvious, makes the right choice, and acts deliberately (and now we're back at the start of this list).
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
an increase in equilibrium price and an indeterminate effect on equilibrium quantity.
Explanation:
An inferior good is a good whose demand increases when income falls and reduces when income rises.
If ramen is an inferior good, when income falls its demand would increase. This would lead to a rise in quantity and price.
An increase in the price of wheat would increase the cost of production of ramen. As a result, the supply of ramen would fall. Price would increase and supply would fall.
The combined effect would be an increase in equilibrium price but an indeterminate effect on equilibrium quantity.
I hope my answer helps you
Answer:
The correct answer is: whenever they over- or under-allocate resources to a project.
Explanation:
A government is considered to be wasteful by the economists if it over-allocates or under-allocates resources on a project. Whenever resources are not efficiently or optimally allocated it is considered wasteful.
In case resources are over-allocated, the reason is given that the excess resources could have been used somewhere else.
In case resources are under-allocated, the reason is given that the given resources will not be able to provide the desired output.
