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kobusy [5.1K]
3 years ago
8

What determines the monetary value of a good or service?

Social Studies
1 answer:
guajiro [1.7K]3 years ago
7 0

Answer: In accordance with the neoclassical economics, the monetary value of a commodity or service is considered as the price of the commodity in an open market. This value is generally determined by the forces of demand and supply , i.e the demand for the commodity relative to supply. Several neoclassical economist evaluate the value of a product or service with the price, irrespective of the market being competitive.

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Jessica took psychology in the fall semester and is now taking sociology. Several of the concepts are similar, and Jessica finds
swat32

Answer:

Retroactive interference      

Explanation:

Retroactive Interference: The retroactive interference refers to the process when a particular piece of information being similar in the format of the information that an individual wants to recall.

In other words, the term retroactive interference refers to the process when a recent information hinders in the recall of the older information.

Example: A boy calls his ex-girlfriend by his current girlfriend's name.

In the question above, Jessica's problem is most likely due to the retroactive interference.

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3 years ago
A mass cyber attack occurred in a country when it took severe actions against a group of citizens who protested against the coun
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Answer:

cyberterrorism

Explanation:

Cyberterrorism -

It is the act by which internet is used to perform any harmful activity , which can lead to loss of life and property , is referred to as a cyberterrorism .

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Hence, the example given in the question , showcase , cyberterrorism .

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3 years ago
Aaron is going to see a psychologist to take an objective personality test. if the psychologist uses the type of test that is th
Zina [86]

Aaron is likely to:


be asked questions that describe himself.



During an objective personality test, the person being tested may be asked the basic true or false questions or the ordinal scale ratings that psychologists usually use when conducting this test.

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3 years ago
Difference between first past the post system and proportional system??​
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Answer:

In the first past the post system, as the name implies, the party or candidate winning the a plurality of votes obtains all the political seats being contested.

For example, suppose we have three parties, and 20 seats being contested in a fictional election. The results are:

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Green party - 30%

Blue party - 10%

Under a first past the post system, the Red Party would obtain all the 20 seats.

Under a proportional system, on the other hand, each party or candidate gets a proportional amount of seats corresponding to the percentage of the votes.

For example, if the number of seats contested is 20, and we obtain the same results as above, the number of seats for each party (in bold) would be:

Red party - 60%  - 12 seats

Green party - 30% - 6 seats

Blue party - 10% - 2 seats

7 0
3 years ago
Gene is a 24-year-old stock clerk at a large supermarket. He recently broke his arm in a cycling accident. Because of his broken
Daniel [21]

Answer:

disability discrimination

Explanation:

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3 years ago
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