Answer:
B) use the observed data to form a hypothesis about ice cream buying behavior.
Explanation:
The scientific method is a research method where the first step is recognizing and identifying the problem ⇒ relevant information is obtained ⇒ a hypothesis is formulated ⇒ the hypothesis is tested.
In order for a research (that uses the scientific method) to be valid, the researcher must be able to duplicate the research process and obtain the same or similar results.
Answer:
$1,150
Explanation:
Domingo first has to pay the deductible ($500), then the copay ($50) and finally he must pay for 20% of the medical expenses resulting from the accident (= $3,000 x 20% = $600). So Domingo's total expenses will be = $500 + $50 + $600 = $1,150
The deductible is a fixed amount that needs to be paid by the insured before the insurance company starts to pay its share of medical bills.
The copay is a fixed amount paid for each health care service provided.
The 80/20 provisions means that the insured is responsible for paying 20% of the medical expenses.
Any combination of goods that can be produced with currently available resources is an efficient point. Thus, option C is correct.
<h3>What are resources? </h3>
Every company's basic production inputs and outputs in the supply chain are considered economic assets. The concept of corporate finance, in particular, the management of yield and pricing.
As there will be no need to purchase any new product and the old ones will also be made just without making any expenses, then that means that the line of production will receive a point in efficiency. Therefore, option C is the correct option.
Learn more about resources, here:
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The question is incomplete, the complete question will be;
a. attainable and efficient point.
.b. attainable point
c efficient point
d. inefficient point.
Answer:
1.a. AD curve should cross LRAS ar 70c per pound at a specific quantity. LRAS is vertical and AD is downward sloping. If you include SRAS, it slopes upwards and crosses where the 2 lines cross. If you include LRAD, it will be horizontal and cross where the lines cross
2. a. when the hormone shot is induced, SRAS becomes more elastic i.e. it pivots to the right. As cost to feed become cheaper, more can be supplier at any given price level. However, as the quantity is not a fixed boost, the increase is a proportional 27%
b. LRAS is still vertical, however, it shifts to the right, where the new SRAS meets the AD curve. The effect is long term so there will be permanent change to the equilibrium of the quantitiy supplied as well as the price.
LRAD will also lower due to the change.
SRAD stays where it is
Increases outputs by smaller and smaller amounts.
Diminishing returns means that at a certain point with all other factors equal, increasing the inputs will yield more and more decreased outputs.
