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mart [117]
3 years ago
8

A rational economic decision: a) may or may not result in the largest economic payoff. b) is concerned with efficiency but not w

ith equity or fairness. c) must always result in the largest economic payoff. d) usually results in the smallest economic payoff.
Business
1 answer:
zlopas [31]3 years ago
7 0

Answer:

The correct option is B

Explanation:

Rational economic decision is the process where the costs as well as the benefits of the various options are being compared in order to determine or evaluate the which option is rational. Rational decisions have total benefit greater than or equal to their cost. So, the rational economic decision concerned with the efficiency not with the fairness or equity.

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____ resources are resources that each partner brings to the partnership that, when combined, allow for new resources or capabil
Arte-miy333 [17]

Answer:

Complementary

Explanation:

The complementary resource is a term that describes a type of resources contributed by each partner to a business or investment. In other words, it is the resources each partner brings to the partnership that, when merged together, provide for new resources or capabilities that neither firm could readily create alone.

Hence, the right answer is COMPLEMENTARY RESOURCES

6 0
3 years ago
Suppose First Main Street Bank, Second Republic Bank, and Third Fidelity Bank all have zero excess reserves. The required reserv
dlinn [17]

Answer:

Change in Excess Reserves $1,350,000

Change in Required Reserves $450,000

Explanation:

Preparation of the table to show the effect of a new deposit on excess and required reserves

Based on the information given since the REQUIRED RESERVE RATIO is 25%, which means that First Main Street Bank will hold 25% of its initial deposit leading to INCREASE in the REQUIRED RESERVE by the amount of $450,000 (25%*$1,800,000) while the remaining 75% (100%-25%) will be the EXCESS RESERVES of the amount of $1,350,000 (75%*$1,800,000).

Hence:

Amount Deposited: $1,800,000

Change in Excess Reserves=$1,350,000

Change in Required Reserves= $450,000

Therefore the effect of a new deposit on excess and required reserves will be:

Change in Excess Reserves $1,350,000

Change in Required Reserves $450,000

4 0
3 years ago
WHICH OF THE FOLLOWING WILL CAUSE NO CHANGE IN PRODUCER SURPLUS? A) IMPOSITION OF A NON BINDING PRICE CEILING IN THE MARKET. B)
Svetllana [295]
The answer is A. Imposition of a non binding price ceiling in the market

Price Ceiling is  when a government impose a price limit over a specific product

Non-Binding Price ceiling is if that price limit that imposed to the product is still <em><u>higher than market equilibrium ,</u></em> which won't do anything to producer's surplus
5 0
3 years ago
When you identify things that have given you trouble at work or in your personal life and then search for ways you can improve t
GalinKa [24]

A person can identify things that have given you trouble at work or in your personal life and look for ways to improve them by  Innovation, knowledge and skills.

<h3>What is knowledge?</h3>

The idea of knowledge is one that connote the familiarity with some kind of information and theoretical views.

Knowledge is one that can be transferred from one person to another. By having the knowledge and skills, one can be able to handle issues that pertains to us in the right way and improve our lives.

Learn more about  Innovation from

brainly.com/question/990104

3 0
2 years ago
There are many unstated assumptions in the problem given above. Even if the mathematical solution is to make only one or two typ
Genrish500 [490]

Answer:

The unstated assumptions in the problems given is that the company may require more units of aluminium and steel, which would allow for producing more bicycles.A linear programming model cannot account for this.

Explanation:

Linear programming model: this is an algebraic description of te objectives to be minimized and the constraints to be satisfied by the variables.

3 0
3 years ago
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