Answer:
According to F.A. Hayek, the fundamental problem facing every society is how to use limited resources in the most optimal way possible.
Explanation:
To Hayek, this problem could not be fully solved by any society, but the best a society could do is to rely on the price system, only possible under a free market, to signal which uses were more optimal than others.
This is also the reason why F.A. Hayek, along with fellow Austrian economists Ludwing Von Mises, believe that socialism could not work: socialism, according to Hayek and Mises, destroyes the price system, and without it, society has no rational way to allocate resources in an optimal way.
Answer:
D. A and C only
Explanation:
According to the law of supply: There is a direct or positive relationship between price of goods & services and quantity supplied in the market. It says that if price of goods increases in the market, then supply of goods also increases, which help the supplier to gain more profit out of high price in the market. It show upward slope of supply curve in the graph, which is positive relation of quantity supplied and price of goods.
Answer:
$1,600
Explanation:
It is important to note that the company uses accrual basis accounting. The Service Revenue account should be credited for $1,600
C actions the federal reserve takes to influence the economy
Answer: What do I know about the audience’s education, beliefs, culture, and attitude? ;How should I format this message? ; How much does the audience know about my topic?
Explanation:
<u>Do I need to include more background information?</u> Too much basic information evokes a generalized idea, which does not contribute to reaching the desired target audience.
<em>What do I know about the audience’s education, beliefs, culture, and attitude?</em><em> </em>Asking yourself this type of question will undoubtedly contribute to a narrowing and targeting of the audience that the writer wants to reach.
<em>How should I format this message?</em> This question is essential, as it will provide very important support about the language that will be used. Remember that language is something that, being used well, helps a lot in identifying with the audience desired by the writer.
<em>How much does the audience know about my topic? </em>Another important question. With a correct answer or a writer will think how to convey a message, how to argue it.
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<u>Can I get someone else to transmit this message? </u>
The writer's concern is not based on the search for someone to transmit the message for him, but he must be guided in knowing how to transmit the message.
