Answer:
D. Evaluative Criteria
Explanation:
Evaluative criteria are standard measures established to evaluate various products by the buyers when choosing between alternatives. It can either be objective or subjective.
The wall street journal is giving the consumers attributes of various laptops (product) in order for them to evaluate and choose the one they want.
Answer: A. If Kemala willingly choses to work at the factory, the factory job may provide her with a better outcome than any of her next best alternatives.
Explanation:
Going by standards in the United States, the wages that Kemala is earning may be tagged as exploitative. If however, it is shown that Kamala works in that factory of her own accord, then it means that the wage is not exploitative to her because she must be earning more from the factory than other alternatives to it which was why she chose to work there.
It would simple mean that the wages in Indonesia are small by American standards and not just the ones Kemala is receiving from the factory.
Answer:
Option D. Any of the above.
Explanation:
The reason is that the contract is not formed until the both parties don't agree on the terms and conditions of the contract which includes:
- New terms and conditions because as we know the business environment is consistently changing like inflation changes, etc (Option A).
- The acceptance is always required for the contract formation (Option B).
- Additional clauses of the contract are new clauses and acceptance is required for these to form a contract (Option C).
So all of the options can alter the contract existence. So the right answer is option D.
Work refers to any useful activity.
Answer:
Multiplier effect in the 4th round = 3.58
Explanation:
A change in aggregate demand can create a much greater impact in the equilibrium national income. This is known as the multiplier effect. This occurs when injections of new demand for goods and services into the circular flow of income creates further rounds of spending. For example, if the government spending was on building new affordable houses then the need for housing materials will create demand for wood, cement and other housing supplies. Thus, these businesses will see a rise in sales. Whilst they benefit through profits, their employees would benefit from wages and salaries. As their income rises, they will spend it in the economy, and so will the businesses from their profits. This additional rounds of spending is the multiplier effect.
If a 100 increase creates 33 for the second round, it is 33% (33/100 x 100) i.e. 100 x 33% = 33
This is proven since 33 x 33% = 10.89 in the third round.
Hence, the multiplier effect in the forth round = 10.89 x 33% = 3.58
