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ZanzabumX [31]
4 years ago
15

The basic difference between macroeconomics and microeconomics is: microeconomics concentrates on individual markets while macro

economics focuses primarily on international trade. microeconomics concentrates on the behavior of individual consumers while macroeconomics focuses on the behavior of firms. microeconomics concentrates on the behavior of individual consumers and firms while macroeconomics focuses on the performance of the entire economy. microeconomics explores the causes of inflation while macroeconomics focuses on the causes of unemployment.
Business
1 answer:
kramer4 years ago
8 0

Answer:

The correct answer is: microeconomics concentrates on the behavior of individual consumers and firms while macroeconomics focuses on the performance of the entire economy.

Explanation:

Economics is divided into two different categories: microeconomics and macroeconomics. <u>Microeconomics </u>is the study of individuals and business decisions, while <u>macroeconomics </u>looks at the decisions of countries and governments. They are interdependent and complement one another since there are many overlapping concerns between the two fields.

<u>Microeconomics </u>is the study of decisions made by people and businesses. Microeconomics focuses on supply and demand and other forces that determine the price levels in the economy. Microeconomics tries to understand human choices and resource allocation.

<u>Macroeconomics</u>, on the other hand, studies the behavior of a country and how its policies affect the economy as a whole.  It analyzes entire industries and economies. Macroeconomics focuses on aggregates and econometric correlations.

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Choose some specific types of changes you would like to see happen in groups or organizations with which you are familiar. Imagi
zhuklara [117]

Answer:

Explanation:

Human are the source of resistance this include the staff, employees, employers and the team of the organization that is involved.

The resistance often come because of the fear of the outcome of the innovation or change and complacency with the current state.

Ability to Capture the passion needed and leverage on the position surrounding the change can reduces resistance among the people

Ability to get support of management, supervisors to advocate for the change helps reduce resistance.

Also, the reason for the change and its impact should be well communicated among the employees this help reduce resistance.

3 0
3 years ago
Suppose the equilibrium price of a physical examination ("physical") by a doctor is $200, and the government imposes a price flo
DerKrebs [107]

Answer: the quantity demanded of physicals decreases and the quantity of physicals doctors want to give increases.

Explanation:

Since the equilibrium price of a physical examination ("physical") by a doctor is $200, and the government imposes a price floor of $250 per physical, there will be a reduction in the quantity demanded of physicals decreases and the quantity of physicals doctors want to give increases.

This is because since the price is higher than the equilibrium price, the consumers will reduce their demand for the product while the suppliers will e willing to supply more in order to make more profit.

8 0
3 years ago
Plus Company uses the estimate of receivables method of accounting for uncollectible accounts. Plus Co. estimates that $4412 of
Darina [25.2K]

Answer:

$4,412

Explanation:

If the company estimates that $4,412 of accounts receivables will be uncollectible, then it must record that number under the Allowance for Bad debts Account.

That account started the year with a $3,284 balance, it decreased by $1,826 (debt written off), and then must be adjusted by crediting $2,954 so its balance = $4,412 on December 31.

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3 years ago
When Luke, Larry, and Lance lost their jobs during the recent recession, they pooled their resources, borrowed a little more, an
stepladder [879]

Answer:

a) Limited liability company

Explanation:

Considering the options given, as an advisor the form of business that I would recommend is: limited liability company that is a structure in which the owners  are not responsible with their personal assets for the company's debts as the three owners are concerned about this risk.

I would not advise the other forms of business because the sole proprietorship is a firm that is run by one person, the general partnership is a structure in which two or more people agree to share unlimited liability which means that they share all their personal assets and are responsible for any debt the company has with them and the master limited partnership is a company that trades securities in the market.

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3 years ago
Motorist has a flat tire and is in the process of changing it. one of the lug nuts is very tight and he is trying to remove it.
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