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GalinKa [24]
3 years ago
13

President truman once said he wanted to find a one-armed economist because when he asked his economists for advice, they always

answered, "on the one hand, ... on the other hand, ..." truman's observation that economists' advice is not always straightforward is rooted in the principle that people face tradeoffs. indicates that economists recognize that there are opportunity costs associated with policy decisions. confirms that economists are not suited to be presidential advisers. more than one of the above is correct.
Business
1 answer:
Arisa [49]3 years ago
4 0
The answer is : More than one of the above is correct.  <span>(i.e. indicates that economists recognize that there are opportunity costs associated with policy decisions. is rooted in the principle that people face tradeoffs.)</span>
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When applying for a job employers may check a potential candidate's social media to gather information on their personal
just olya [345]
True. According to a 2018 CareerBuilder survey, 70% of employers use social media to screen candidates during the hiring process, and about 43% of employers use social media to check on current employees.
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3 years ago
Riytiz Corp. and Tenkriz Corp. are two industrial developers. They plan to combine their funds, finances, risks, and expertise t
hammer [34]

Answer:

Strategic alliance.

Explanation:

Is an agreement between two entities to pool their resources for achieving a common business goal. Are co-operative relationships between two or more independent organisations, designed to achieve mutually beneficial goals for as long as is economically viable.

There are two types of strategic alliance, horizontal and vertical. The ways to enter in a strategic alliance are a joint venture, an equity participation or a non equity.

The reasons for a strategic alliance could be:

- Gaining an access to a restricted market.

- Ganing a foothold in new market.

- Increase the speed of development of new products.

- Maintain leadership position.

- Leverage upon the benefits like economies of scale, lower costs.

- Gain market power.

- Gain access to know-how.

- Pool resources to fund large capital intensive projects.

- Gaining competitive advantage against competitors.

5 0
3 years ago
Which of the following items are liabilities of Siebers Jewelry Stores? Indicate by Yes/No.
Burka [1]

Answer:

Accounts Payable -Yes

Salaries and wages payable - Yes

Explanation:

Accounts Payable is the money which the business owes its suppliers. It is a liability.

Salaries and wages refers to the debts of the business to its employees. It is also a liability.

7 0
3 years ago
Read 2 more answers
The price elasticity of demand for gasoline in the short run has been estimated to be 0.4. If a war in the Middle East causes th
disa [49]

Answer:

Total revenue would rise in the short run

Explanation:

A price elascitiy of 0.4 indicates that demand is inelastic.

Inelastic demand means that a small change in price has little or no effect on quantity demanded. The absolute value of inelastic demand is less than 1.

If the cost of the crude oil increases, the price of gasoline would increase too. Because demand is price inelastic , there would be little or no change in the quantity demanded of gasoline as a result total revenue would increase as a result of the rise in price.

I hope my answer helps you

8 0
3 years ago
When average total cost is at its minimum
Shkiper50 [21]
D.) Marginal cost is equal to average total cost.  (Because when the average total cost is at its minimum, marginal cost is also at its minimum.)
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3 years ago
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