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Tasya [4]
3 years ago
15

In conducting their research, economists face an obstacle that not all scientists face; specifically, in economics, it is often

impractical to a. find articles or books that were written before 1900. b. conduct laboratory experiments. c. rely upon the scientific method. d. make use of theory and observation.
Business
1 answer:
algol133 years ago
4 0

Answer:

The correct answer is (B)

Explanation:

Economics is a study of the market and human behaviour. Economists usually use historical data, conduct interviews and surveys to find a pattern to predict and forecast. In economics, it is almost impractical to conduct laboratory experiments because laboratory experiments leave out various aspects of reality and leave out relevant variables. Furthermore, It is difficult to find a way to use a laboratory experiment to predict and forecast.

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What strategic role has emerged as critical in recent years in large organizations due to cyber attacks?
omeli [17]

Answer:

The correct answer is the option B: Chief Security Officer.

Explanation:

To begin with, a <em>Chief Security Officer</em> or CSO is the most important senior level executive that an organization has in its team whose main purpose is to <em>develop and oversight policies and programs whose primary focus are on the mitigation and reduction of secutiry risk</em> regarding the protection of people, intellectual assets and tangible property.

Secondly, the security of the organization regarding the fact of cyber attacks does have a cooperative inter-connected involvement, where the figure of <em>Chief Information Security Officer</em> appears and combines their function with the CSO. Moreover, the CISO is the one executive inside the organization that <em>focuses to the problems about ensuring information assets in particular</em>.

4 0
3 years ago
Theresa and Bobbi bought a racecar together. They agreed to share all expenses and split net profits equally. There was no agree
mestny [16]

Answer:

<em>No she is not, a partner has the right to quit the partnership at any moment in a partnership at will. </em>

Explanation:

General partners get the option and ability to leave the joint venture at whatever moment, whereas limited and restricted partners are only allowed to leave the partnership in accordance with the terms of the partnership agreement.

Bobby is in accordance with the law to leave whenever, and hasn't broken any agreement.

Whenever a general or limited partner chooses to leave the joint venture, the business continues to remain unless it has been agreed by all partners to dissolve.

5 0
3 years ago
What is opportunity cost? ( selext the best answer)
bixtya [17]

Answer: the loss of potential gain from other alternatives when one alternative is chosen

Explanation:

8 0
2 years ago
A firm can lease a truck for 4 years at a cost of $30,000 annually. It can instead buy a truck at a cost of $80,000, with annual
valina [46]

Answer:

Leasing.

Explanation:

Find the present value of each and compare and choose the one with the lowest cost in present value terms.

<u>LEASE;</u>

Payments are in form of an annuity ;done using financial calculator (TI BA II plus)

PMT = -30,000

N ;duration = 4

I/Y = 10%

FV = 0

then CPT PV = -$95,095.96

<u>BUY</u>

Initial cost; (already in present value terms) = -$80,000

Annual maintenance(is an annuity); done using financial calculator (TI BA II plus)

PMT = -10,000

N ;duration = 4

I/Y = 10%

FV = 0

then CPT PV = -$31,698.65

Add PV of salvage value;

PV = FV/ (1+r)^4

PV = 20,000 /(1.10^4)

= 20,000/ 1.4641

= $13,660.26911

Overall PV of BUYING = (-80,000 -31,698.65 + 13,660.26911) = -$98,038.38

Therefore, leasing is a better option since the overall present value of costs  is lower at $95,095.96 compared to that of buying at 98,038.38.

8 0
3 years ago
What pricing strategy could work well in any market, primarily by generating buyer interest?
hram777 [196]

Any market could benefit from the pricing approach known as price elasticity of demand, particularly if it can attract customers.

How a change in price impacts consumer demand is assessed using the price elasticity of demand.

A product is deemed inelastic if people continue to buy it in spite of a price increase (such as with cigarettes and fuel).

Contrarily, elastic goods are subject to price changes (such as cable TV and movie tickets).

The formula: % Change in Quantity % Change in Price = Price Elasticity of Demand can be used to determine price elasticity.

You can determine whether your product or service is responsive to price changes using the idea of price elasticity. Your product should ideally be inelastic, meaning that demand won't change even if prices do.

Learn more about price elasticity of demand here.

brainly.com/question/28203114

#SPJ4

3 0
2 years ago
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