1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
skelet666 [1.2K]
4 years ago
14

According to economists, when two people make the exactly opposite decision:

Business
1 answer:
disa [49]4 years ago
6 0

Answer:

b. each person evaluates the situation according to his/her individual self-interest.

Explanation:

This can be generally seen in ancient and modern form of economics where in the course of their works, they can end up countering themselves in the midst of a project.

Here, or in a case of such, a great part of economics deals and accommodates psychology an the both economics that have probably found themselves in the field are expected to evaluate the situation according to each others self interest; especially when knowing the risks, pros and negative effect of the activities that is been carried out.

Secondly, this model is a useful measurement device by which economic situations can be evaluated and also levels of competition that exist in real markets can be checked.

You might be interested in
For this situation below , determine the premium will likely increase, decrease , or remain the same. deon chooses a lower deduc
kozerog [31]

Answer:

Increase.

Explanation:

The question above refers to auto insurance premium, which is a system that, through a monthly payment, allows an insurer to provide financial support to car owners as a form of security in case of accidents or injuries during driving. .

Many people do not know, however, under contracts with car insurers, smaller deductibles cause the premium to increase, making the individual responsible for insurance need to pay a higher monthly amount. A higher deductible, on the other hand, would reduce the value of the premium. In this case, we can say that if Deon chooses a lower deductible, he will have the high premium.

8 0
3 years ago
Until recently, Visual Electronics manufactured Blu-ray players on an assembly line with each worker performing only one simple
bezimeni [28]

Answer:job enlargement

Explanation:

Job enlargement is a method of increasing motivation by combining a series of tasks into one job that is more challenging and interesting.

6 0
4 years ago
Read 2 more answers
The government must mandate lower prices when beef surpluses exist; otherwise, the quantity supplied will continue to exceed the
AURORKA [14]

Answer: True

Explanation:

Beef surplus in the market simply means that there's excess of beef in the market. In this case, the quantity supplied for beef is more than the quantity that the consumers demand, which means that the price at which beef is sold is more than the equilibrium price.

Due to thus reason, the government must mandate lower prices as this will help in increasing the quantity demanded of beef, reduce quantity supplied and hence, the surplus will be curtailed.

3 0
3 years ago
In which of the following approaches of going green does the organization exhibit the least environmental sensitivity?
White raven [17]
I would personally put B but I’m really not for sure on the answer, sorry hope this helps tho.
5 0
4 years ago
When is a contingent liability recorded? a) When the amount car be reasonably estimated. b) When the future events are probable
anastassius [24]

Answer:

The answer is B.

Explanation:

Contingent liability is a liability that may occur in the future subject to the outcome of a specific event. The future outcome determines contingent liability. Examples of contingent liability are product warranties, pending court case etc.

So contingent liability should be recognized when the future events are probable to occur and the amount can be reasonably estimated

8 0
3 years ago
Other questions:
  • When two or more melodic lines of equal interest are performed simultaneously, the texture is ______?
    15·1 answer
  • How is Change Management related to Baselining?
    10·1 answer
  • One of the benefits of a differentiated targeting strategy is that it allows the firm to diversify its business and
    14·1 answer
  • For an investment to be classified as a current​ asset, A. the investment must be easily convertible to cash. B. the investor mu
    5·1 answer
  • The Wiz Co. owes $60 to its bondholders. The company expects to have a cash flow of $136 if the economy continues as is but that
    12·1 answer
  • How flower seeds are conserved and stored?​
    5·1 answer
  • Identify the simplifying assumptions usually made in net present value analysis.
    12·1 answer
  • Scenario: Marsha Jones is a recent college graduate. She worked during college and managed to save $2,000 in her savings account
    14·1 answer
  • The following note was contained in a recent Ford Motor Company annual report:
    8·1 answer
  • what is a disadvantage of related diversification? group of answer choices firms select new businesses and industries based on f
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!