The accurate answer is
B͙:͙ ͙C͙y͙c͙l͙i͙c͙a͙l͙ ͙͙
T͙h͙e͙ ͙r͙e͙a͙s͙o͙n͙ ͙w͙h͙y͙ ͙t͙h͙e͙ ͙o͙t͙h͙e͙r͙ ͙a͙n͙s͙w͙e͙r͙s͙ ͙w͙e͙r͙e͙ ͙w͙r͙o͙n͙g͙ ͙w͙e͙r͙e͙ ͙b͙e͙c͙a͙u͙s͙e͙
<span>A was wrong because it means to "relate to"
</span>
C was incorrect because it means "of or produced"
<span>D was wrong because it also means "relating to"
</span>
Glad to help :)
Answer:
yes
Explanation:
yes cause everyone uses the journal
Assessing one's personal entrepreneurial competencies also known as PECs is very important to evaluate your weakness and strengths when it comes to entrepreneurship. By doing this, you will be able to fix your weaknesses and strengthen your strengths for the advantage of the activity.
Answer:
Need Recognition
Explanation:
Consumer decision making process refers to how a consumer decides to satisfy a want and how consumers arrive at a buying decision, which includes identifying the need, availing the required information about the need, measuring the options or alternatives available and then proceeding to buy the product.
Desired state refers to how i.e the way a consumer desires to satisfy his need. Actual state refers to how or the way the need is ultimately satisfied. The gap between the two states i.e the imbalance results into the step of need recognition.
Answer:
the question is incomplete:
It happens that the set of consumption bundles (xA,xB) such that Charlie is indifferent between (xA,xB) and (20,5) is the set of all bundles such that xB = 100/xA. The set of bundles (xA,xB) such that Charlie is just indifferent between (xA,xB) and the bundle (10,15) is the set of bundles such that xB = 150/xA.
I also found the attached graph.
The requirements are:
- Is (30,5) ≈ (10,15) true or false?
- Is (10,15) > (20,5) true or false?
- Is (20,5) ≥ (10,10) true or false?
- Is (24,4) ≥ (11,9.1) true or false?
- Is (11,14) > (2,49) true or false?
- A set is convex if for any two points in the set, the line segment between them is also in the set. Is the set of bundles that Charlie weakly prefers to (20,5) a convex set?
- Is the set of bundles that Charlie considers inferior to (20,5) a convex set?
- The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his ______________ ___ of ___________ at that point.
- Find Charlie’s marginal rate of substitution at the point (10,10).
- Find Charlie’s marginal rate of substitution at the point (5,20).
- Find Charlie’s marginal rate of substitution at the point (20,5).
- Do the indifference curves you have drawn for Charlie exhibit diminishing marginal rates of substitution?
Answers:
- true, they are on the same red line
- true, (10,15) is on the red line while (20,5) is on the blue line
- true, they are equivalent since both are on the blue line
- false, (11,9.1) is on the blue line and (24,4) is on the red line
- true, (11,14) is on the red line while (2,29) is on the blue portion
- yes, it is a convex set
- no, they are not a convex set
- The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his <u>RATE</u> of <u>SUBSTITUTIO</u>N at that point.
- marginal rate of substitution at (10,10) = -10/10 = -1
- marginal rate of substitution at (5,20) = -20/5 = -4
- marginal rate of substitution at (20,5) = -5/20 = -1/4 = -0.25
- yes, this curves shows diminishing marginal rates of substitutions, e.g. goes from -4 to -1 to -0.25