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ki77a [65]
3 years ago
8

Match each stage in the policy process with its description.a. agenda settingmany different groups will come up with plans to fi

x the problem.b. policy formulationa problem is identified and moved to the government's "to do list."c. policy adoptiongovernment and the public review the policy and decide if it should be continued, altered, or cancelled.d. policy evaluationgovernment selects a policy that it will use to address the problem.
Business
1 answer:
morpeh [17]3 years ago
4 0
<span>A) Agenda Setting: In Agenda setting, a policy formulation problem is recognized. It is then moved to a list of things to do within government.
  B) Policy Formulation: Different groups will brainstorm plans to fix the problem.
  C) Policy Adopting: At this stage government will adopt the policy, that will be address the problem.
  D) Policy evaluation: Government and the general public are given the policy, they review it. It is then that they decide if it should be continued, altered, or cancelled.</span>
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If nominal wages fall which of the following will occur in the short run? The SRAS curve will shift to the right The SRAS curve
bixtya [17]

Answer:

The SRAS curve will shift to the right.

Explanation:

A decline in nominal wages will reduce the cost of hiring labor. The overall cost of production will reduce as well. The firms will be able to increase production and investment.  

This increase in production and investment will increase the aggregate supply. As a result, the short-run aggregate supply curve will move to the right. This will cause the equilibrium price to fall and the equilibrium quantity to increase.

7 0
3 years ago
A small market orders copies of a certain magazine for its magazine rack each week. Let X 5 demand for the magazine, with pmf Su
Oksanka [162]

Answer:

See explanation below.

Explanation:

Let X the random variable that represent the demand for the magazine, the pmf for X is given by:

X       1            2           3          4        5        6      

P(X)  1/15      2/15       3/15     4/15   3/15     2/15

3 magazines

For this case the total spent is 2*3 = $ 6

And the net revenue for this case would be:

$4-$6 = -$2 , X=1 (demand 1)

$4*2-$6 = $2 , X=2 (demand 2)

$4*3-$6 = $6 , X=3 (demand 3)

For the values of X=4,5,6 the net revenue will be $6 since the number of magazines is 3

And the expected value for the net revenue would be:

E(R) = \frac{1}{15} *(-2) +\frac{2}{15} *(2) +\frac{3}{15}*(6) + \frac{4}{15}*(6) +\frac{3}{15}*(6) +\frac{2}{15}*(6) = \frac{74}{15}=4.93

4 magazines

For this case the total spent is 2*4 = $ 8

And the net revenue for this case would be:

$4-$8 = -$4 , X=1 (demand 1)

$4*2-$8 = $0 , X=2 (demand 2)

$4*3-$8 = $4 , X=3 (demand 3)

$4*4-$8 = $8 , X=4 (demand 4)

For the values of X=5,6 the net revenue will be $8 since the number of magazines is 4

And the expected value for the net revenue would be:

E(R) = \frac{1}{15} *(-4) +\frac{2}{15} *(0) +\frac{3}{15}*(4) + \frac{4}{15}*(8) +\frac{3}{15}*(8) +\frac{2}{15}*(8) = \frac{80}{15}=5.33

As as we can see we have a higher expected value for the case with 4 magazines.

5 0
3 years ago
All of the following are examples of a business transaction except Select an answer and submit. For keyboard navigation, use the
Simora [160]

Answer:

a A. Thomas invests $2,000 in her business.

DOES NOT QUALIFY AS A BUSINESS TRANSACTION, THIS QUALIFIES AS AN INVESTMENT TRANSACTION

Explanation:

Business transactions must involve two distinct parties, and must result in the exchange of goods or services. Thomas invested on he business, and that is considered an investment transaction, not a business transaction.

b A. Thomas purchases a computer system on account to be used in her business. QUALIFIES AS BUSINESS TRANSACTION, INCREASES ASSETS AND LIABILITIES

c A. Thomas gives an $800 quote to a potential client for services requested.

QUALIFIES AS BUSINESS TRANSACTION, INCREASES REVENUE AND INCOME

d A. Thomas writes check 1002 out of the business checking account to pay the first month's rent on the space her business is leasing. QUALIFIES AS BUSINESS TRANSACTION, INCREASES EXPENSES AND REDUCES INCOME

8 0
3 years ago
Read 2 more answers
Your friend wants to open a clothing shop. A necessary capital resource is a
saw5 [17]

Answer: Your friend wants to open a clothing shop. A necessary capital resource is a <u>place to open the shop.</u>

Explanation: Capital is the element constituted by money and infrastructure, which are needed to take advantage of human and natural resources in the productive process, considered as essential by the capitalists, since without money and other economic resources, companies cannot settle and industries, because they need it to have facilities, furniture, machinery, buy raw materials, pay staff, and so on.

6 0
3 years ago
Brulee Bakery produces both regular and vegan baked goods. Each quarter, the research and development department develops a reci
erastovalidia [21]

Answer: Product-level

Explanation:

 A product level activity is one of the type of activity that are performed for the production of the various types of products and the services and then it calculating the total number of batches of the specific items or products are get sold out in the market.

According to the given question, the Brulee bakery is basically producing the various types of vegan baked and the regular items and under the activity base costing the firm is basically developing the new vegan baked recipe.

Therefore, this type of process is basically refers as the product level activity.

3 0
2 years ago
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