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muminat
3 years ago
14

In the case of flexible resources, if the demand for an activity changes across alternatives, then resource spending will:______

__________________________.
a.become half of what it was before and the cost of the activity is irrelevant to the decision.
b.become twice of what it was before and the cost of the activity is irrelevant to the decision.
c.remain constant and the cost of the activity is relevant to the decision.
d.change and the cost of the activity is relevant to the decision.
Business
1 answer:
zheka24 [161]3 years ago
7 0

Answer:

D. Change and the cost of the activity is relevant to the decision.

Explanation:

Since flexible resources are supplied as needed, and their costs appear to be variable with demand, so change and the cost of the activity is relevant to the decision.

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Complementary goods have a _______________ cross-price elasticity: as the price of one good increases, the demand for the second
Maru [420]

Answer:

negative

Explanation:

Complementary goods have a negative cross-price elasticity because the increase in price of one tends to a weak or fall in consumer demand of the second. For instance, a hike in petrol will lead to a  decrease in consumer demand for cars thereby giving rise to alternatives to these goods (most likely, there would be a surge in subway or rail patronage)

5 0
2 years ago
Dr. Riley, a professor in the economics department, finds that if he keeps his door open, people tend to stop in to say hello. T
Archy [21]

Answer:

1) Mindfulness

Explanation:

Mindfulness refers to being aware of your environment and paying attention to what happens around you, and at the same time being aware of your thoughts and bodily sensations.

In other words, it means that Dr. Riley is able to concentrate on what he is doing and at the same time is paying attention to what is around him.

4 0
2 years ago
A stronger euro is less favorable for:
Reptile [31]

Group of answer choices.

A. German tourists traveling abroad.

B. American tourists traveling in France.

C. Canadian firms selling in Germany.

D. Canadian investors with money investments in Germany.

Answer:

B. American tourists traveling in France.

Explanation:

A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country.

For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.

In this context, a stronger euro is less favorable for American tourists traveling in France because the currency of the Americans, which is the U.S dollars would exchange at a far lesser rate to the euros.

However, a stronger euro would be more favorable for German tourists that are traveling abroad, Canadian firms that trade or sells its products in Germany, and Canadian investors who are having money investments in Germany.

Note: Euro is the official currency (legal tender or money) of Germany.

5 0
2 years ago
Country a is characterized by tightly knit social groups and it places importance on belonging to​ organizations, families, and
eduard
<span>Country is characterized by tightly knit social groups and it places importance on belonging to​ organizations, families, and other​ groups, it has​ collectivism.
</span>In cultures in which collectivism predominates, group decisions are valued and accepted.
<span>In individualism on the other hand, the primary concern is for themselves and their families.</span>
4 0
2 years ago
Discuss social responsibility and ethics?<br><br>​
LuckyWell [14K]

Answer:

Social responsibility: It is an ethical theory in which individuals are accountable for fulfilling their civic duty.

Social ethics: It refers to guidelines and principle if that group of people who decided to references to in order to be accepted.

8 0
3 years ago
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