Answer:
The correct answer is: in all decision making.
Explanation:
Economic analysis is used in all walks of life, in decision making. It is not only relevant for policymaking or in business or for students. Rather, it is used in day to day life as well.
Almost all the decision we make is based on cost-benefit analysis. It used by households and individuals for utility maximization. It is used by businesses for profit maximization and is used by policy makers for welfare maximization.
Answer:
$220 million
Explanation:
According to given information in question:
Assets = $400 million
Liabilities = $180 million
Accounting Equation:
Assets = Equity + Liabilities
$400 million = Equity + $180 million
Equity = $400 million - $180 million
Equity = $220 million
Based on the accounting equation, Prosian Italia's owners' equity is equal to $220 million.
Answer:
a. Anywhere inside or on the production possibilities frontier.
Explanation:
In an economy, the allocative efficiency may be defined as the economic state where the production of various goods or services is aligned with the preferences with the consumers.
The allocative efficiency always materializes at the intersection of the supply curves and the demand curves.
On the 
the price for a supply 
with the demand for the product 
at that price, and thus all the products are sold.
It occurs anywhere on the production possibilities frontier or on the inside of the frontier.
Therefore, the correct option is (a).
Answer:
The correct answer are: A. quality of its education system. B. saving rate. and E. role of the government.
Explanation:
The stock of capital is a fundamental variable in economic analysis, especially for economic growth studies. The level of capital stock, together with measurements of labor (labor), constitute the factors that allow analyzing the production function of an economy; as well as determine the long-term growth patterns of it.
