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juin [17]
2 years ago
13

In an unregulated, competitive market consumer surplus exists because:___________.

Business
1 answer:
Paha777 [63]2 years ago
4 0

Answer: some consumers are willing to pay more than the equilibrium price.

Explanation:

Consumer Surplus is simply the difference between the price that is paid by a consumer and the price that the consumer was willing to pay in the first place.

In an unregulated, competitive market consumer surplus exists because some

consumers are willing to pay more than the equilibrium price.

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You were recently hired by the Andrews CEO as a consultant to evaluate the performance of the Chief Financial Officer (CFO). As
Arte-miy333 [17]

The least effective step in this process would be to focus only on the CFO's job performance and not his inappropriate behavior in the workplace.

<h3 /><h3>What is the purpose of performance appraisal?</h3>

Analyze whether the performance of the employee's activities, skills and behaviors are in accordance with the organization's culture and values, establishing improvement measures when necessary.

Therefore, it is essential that the behavior of an employee is analyzed along with their technical competence, as the ethics established by employees are capable of impacting the culture in a positive or negative way.

Find out more about performance appraisal here:

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8 0
1 year ago
A manager with _______ skills has the ability to deal effectively with people inside and outside the organization.
dezoksy [38]
I whould say cumunication skills hope this helps
8 0
3 years ago
Read 2 more answers
A lot of points give away
abruzzese [7]

Answer:

Assertion: When radius of a circular wire carrying current is doubled, its magnetic moment becomes four times.

Reason: Magnetic moment depends on area of the loop.

(a)A

(c) C (d) D

(b) B

4 0
2 years ago
The following are the cash flows for each of the independent cases. Case 1 Case 2 Case 3 Cash provided by (used for) operating a
Travka [436]

Answer and Explanation:

The classification is as follows

For case 1

It is a growing start-up company (S) with the following reasons

a. The cash flow from operating activities is very less as compared to the financing and investing activities

b. It is a start company so in this case the financing and investing activities are more

c. Moreover, the beginning cash balance is also less

For case 2

It is an established company facing financial difficulties (F) with the following reasons

a. The operating activity is in a negative amount

b. It is an established company so it facing a lot of difficulties

c. Net cash flow is also in negative

For case 3

It is a healthy established company (E) with the following reasons

a. The operating activity is in a positive amount

b. Since it is a healthy established company so it shows the positive net cash flow and strong cash position

6 0
3 years ago
Which of the following statements is correct?
Kamila [148]

Answer:

The correct answer is d. Different economic models employ different sets of assumptions.

Explanation:

To approach the study of economic reality it is necessary, in some way, to simplify it; keep certain variables under control. Precisely for this, it is that economic models are built.

Economic models are built on principles of departure, called "assumptions." Such assumptions fulfill the same role as the postulates in geometry. That is:

  1. They are not subject to deduction from other more basic principles.
  2. They are "reasonably" true but not necessarily verifiable.
  3. They function as premises in the logical structure to deduce the conclusions and correlations found in the lowest levels of generality.

We can say then, that the theoretical explanations refer to invisible "relationships", whose existence is proposed by the theory, and whose implications are logically deduced, and then corroborated by observations. They consist of:

  1. Assumptions (eg subjects want to maximize their earnings).
  2. Relevant variables (eg price and quantity).
  3. Binding hypothesis (eg quantity demanded based on price).
  4. Conclusions or predictions of observable facts (eg prices will rise).
5 0
3 years ago
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