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3 years ago

when you interpret the behavior of others according to your experiences and understanding of the world, your evaluation is.

Business

2 answers:

crimeas [40]3 years ago

5 0

Answer:

Objective

Basically, the guy above is right, and you can not fault him for not listing answers in the question. He said that based off of your world views, it would be an answer that is centered around your beliefs, personality and ego. Therefore, the answer would be objective. If you would have reread or maybe even focused on the answer, you would have gotten it with in five minutes.

Alla [95]3 years ago

3 0

Your evaluation is Egocentric - limited to your own egoic perspective and without consideration of the experiences and understanding of others (which may be very different)

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What is the basic purpose of the consumer price index (CPI)? A. to track monthly changes in prices paid by urban consumers B. to

Elina [12.6K]

Answer:

A). to track monthly changes in prices paid by urban consumers.

Explanation:

CPI(Consumer Price Index) is characterized as 'a statistical estimate of the price level of goods and services bought by consumers for consumption purposes by the households.' It primarily aims to estimate the change or swap in the prices of the weighted average price of the common basket(consumption goods, as well as, services that the consumers pay for). It is calculated using the formula;

$CPI_{t} = \frac{C_{t} }{C_{0} } * 100$

where,

$CPI_{t}$ = current Consumer Price Index

$C_{t}$ = Current price basket

$C_{0}$ = Cost of price basket in the base year

It assists in deducing whether the average prices have received a fall or rise and determines inflation or deflation. Thus, <u>option A</u> is the correct answer.

6 0

3 years ago

Two drivers—tom and jerry—each drive up to a gas station. before looking at the price, each places an order. tom says, "i'd like

Tatiana [17]

Price elasticity of demand is defined by Change in Quantity demanded / Change in Price.

Tom ordered 10 gallons of gas without asking about the price. This means that no matter the price, Tom orders the same quantity of gas (quantity demanded does not change with price). His demand is perfectly inelastic, or 0.

Jerry orders $10 worth of gas. This means that no matter how much it gives him, Jerry will pay $10. The price elasticity of demand depends on how much the price changes by.
For example, if price doubles from $5/gal to $10/gal, demand falls by 50% (2 gallons to 1 gallon), making his price elasticity -0.5
If the price increase 10% from $10/gal to $10.10/gal, demand falls 1% from 1 gal to .99 gallons, making his price elasticity -0.1

6 0

3 years ago

What do you understand by the term social structure? Explain social roles in the context of social structure and quote real life

Alex73 [517]

Answer:

Social structure is the arrangement in the society where people live and interact together in the society.

Explanation:

Social structure in humanism is considered to be the specific and stable plan of the organizations where the people in general public collaborates and lives respectively. The social structure is often treated together with the very idea of the social change that tries to manage the powers of the people which changes the social structure as well as the association of the society.

Social structure helps the individuals to sort out their current circumstances and it limits which characterize the insiders and the outcasts. Social structure restricts certain alternatives and spots us in the discretionary classes that is not based on the personal preferences.

Karl Marx once stated how the monetary creation is coordinated by central main part of the general public.

7 0

3 years ago

A firm characterized as a price-taker:

ololo11 [35]

Answer: Option E

Explanation: A perfectly competitive company is known as a price-taker, because the competition of competing firms causes them to embrace the prevailing market price of equilibrium.

If a company raises the price of its product by as much as a penny in a perfectly competitive structure,then it will lose all of its sales to other firms. In such structures the prices are determined by the marker forces of demand and supply.

Hence from the above we can conclude that the correct option is E.

3 0

4 years ago

g Ron and Dena own the only two profit maximizing sandwich shops in town. Both Ron and Dena are trying to decide whether or not

algol13

Remainder part of Question:

Dena

Advertising Don't Advertise

Ron Advertising ($X, $400) ($300, $425)

Don't Advertise ($400, $100) ($350, $Y)

Answer:

Part A. Don't Advertise" is a dominant strategy only for Ron if the value of X is below $400.

Part B. "Don't advertise" is a dominant strategy only for Dena if the value of Y is below $100.

Explanation:

If Dena is desiring to opt to "Advertising", then Ron will only have more pay off in choosing "Don't advertise" if the X is below $400.

On the other hand, if Dena is desiring to opt "Don't Advertise", then Ron will only have more pay off in choosing "Don't advertise" if again X is below $400.

This means that the "Don't Advertise" is a dominant strategy only for Ron if the value of X is below $400.

Similarly, if Ron desires to opt "Advertising", then Dena will only have more pay off in choosing "Don't advertise" if the value of Y is below $100.

On the other hand, if Ron is desiring to opt "Don't Advertise", then Dena will only have more pay off in choosing "Don't advertise" if the value of Y is below $100.

This means that the "Don't advertise" is a dominant strategy only for Dena if the value of Y is below $100.

8 0

3 years ago