Answer:
The correct answer is letter "A": We respond to marginal benefits and marginal costs.
Explanation:
Rational Choice Theory assumes an individual will always make prudent and optimal decisions that yield the most benefits. It is the basis of most mainstream economic theories. The rational choice theory considers the marginal benefit compared to the marginal cost of individuals' decisions. It could prevent people from taking an option without analyzing what is most beneficial for them.
The type of expenditure gap that's illustrated in Kittyville's economy is a recessionary expenditure.
<h3>What is expenditure gap?</h3>
It should be noted that an expenditure gap is when the demand for goods and services is more than the production.
In order to correct the gap, the economy hired the economist who suggested that there should be an increase in government spending and decrease in taxation.
Also, the change in government spending will be:
= Change in income b× (1 - MPC)
= $200 × (1 - 0.9)
= $20 billion.
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Answer:
AJAX
Explanation:
Ajax programming (Asynchronous JavaScript and XML)
Ajax is a technology that allows HTTP queries asynchronously against the server. Under this definition, which may not be too clear for some people with little experience in the web environment, we find one of the most common tools on sites, which have allowed web applications to evolve to be as complex as we know them today.
In other words, Ajax allows access to existing data on the server without reloading the page completely. These queries against the server are made through Javascript and the data is processed using this same language, allowing the content of the page to be updated exactly where necessary.
The answer is; "this is an example of a media schedule".
A media schedule or plan assigns the medium or media to be utilized, the particular vehicles, and the inclusion dates of the promoting. It is utilized by advertisers to plan their promotions subsequent to picking the media for their advertising campaign.
Answer: d) a rise in input prices; a decrease in the number of sellers in the market; a rise in the price of a substitute in production.
Explanation:
Supply simply has to do with the amount of goods that a particular producer is willing to sell to economic agents at a particular price and at a given time.
It should be noted that rise in input prices; a decrease in the number of sellers in the market; a rise in the price of a substitute in production would cause a reduction in supply of goods and services.
This is because when the number of sellers reduce, the supply will also reduce as there are lesser people supplying the goods. Also, when the prices of input increases, it affects cost and supply reduces.
Therefore, the correct option is D.
