It depends on how you are doing so. if you say "you're a rude, ignorant pig" then you're calling them names
but if you say "you're being rude and ignorant" then you're describing them
The Flag Day is on June 14, and there is an anniversary each year on that date. This day commemorates the adoption of the flag, which happened on June 14, 1777.
A. They collect evidence and interpret what it means
Answer:
B. (iii) only
Explanation:
Economists normally assume that the goal of a firm is to earn
(iii) revenues as large as possible, even if it reduces profits.
The reason for economist to normally assume the goal of a firm is to earn revenues as large as possible, even if it reduces profits, is that, while achieving more profit is what can make firm to keep running, there are times when rather than maximizing the profits alone, the economist look at the long run and seeks to generate more sales or total revenue, even if it decreases the profit generated, so as to increase the firm market share relative to its competitors.
Hence, economist seeks to maximize profits, while making higher number of sales.
In short, the seek the following:
1. Growth Maximization
2. Increasing Market Share
3. Satisfying Behavior
4. Maximizing Sales or Total Revenue
Answer:
Albert Einstein quote is explaining that there are some things, that are extremely important for human beings, but that are not easily quantifiable.
This relates to GDP in the sense that GDP is only a measure of the monetary value of all final goods and services produced within an economy in a given year. While GDP can shed some light on a country's economic health, very important things for social well-being are not included in the GDP calculation.
This makes GDP only a partial measure of social well-being, that should be analyzed carefully when making conclusions about the economy and health of a nation.
