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3 years ago

Why are suppliers in purely competitive markets efficient

1 answer:

8 0

Answer: because it forces firms to achieve maximum efficiency (productive and allocative efficiency). Requires that goods be produced in the least costly way. Firms are forced to produce at the minimum average total cost in the long run.

Explanation:

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Select the correct answer.

valkas [14]

Answer: The answer would be C. Collective bargaining

4 0

3 years ago

George is offered an investment opportunity by his friend Ray. He asks George for $6,900 and offers to repay him $12,990 after a

SVETLANKA909090 [29]

Answer:

Depositing in bank is a better option.

Explanation:

For this solution, we can either determine the interest rate given to George by his one of the friend or the future worth method,

Future worth method is used here,

Given that,

PV = $6,900

R = 9%

N = 10 Years

$FV = PV\times(1+R)^{N}$

$FV = 6,900\times(1+0.09)^{10}$

$FV = 6,900\times(1.09)^{10}$

FV = 6,900 × 2.3673

FV = $16,334.81

Since, the future worth of investing in bank is more than the money to be offered by the George's friend (16,334.81 > 12,900) and hence, depositing in bank is a better option.

8 0

3 years ago

Agile project management involves ____ whereas traditional project management involves _______. Multiple Choice known and stable

Ainat [17]

Answer:

For comprehension purposes, I would write the question again with options attached below:

Agile project management involves ____ whereas traditional project management involves _______. Multiple Choice

a. known and stable scope, unknown requirements

b. high certainty, projects with unstable scope

c. projects with high predictability, project with unknown or unstable requirements

d. iterative and incremental delivery, upfront planning with high predictability

e. high uncertainty, projects with unknown requirements

The correct answer is option d. (iterative and incremental delivery, upfront planning with high predictability)

So, Agile project management involves iterative and incremental delivery whereas traditional project management involves upfront planning with high predictability.

Explanation:

Agile project management involves iterative and incremental delivery as Agile project management allows making changes to the product which then opens ways for iteration. Agile life cycles are composed of several iterations because of changes that might arise due to feedback during the production process of the project.

Traditional project management is highly predictable and it doesn't give room for changes as project cycles and stages are planned ahead. It's a rigid process.

5 0

2 years ago

The fiscal policy that involves reducing government spending, reducing transfer payments, or raising taxes to decrease aggregate

Zepler [3.9K]

The correct option is C.
Fiscal policy refers to the method that the government use to adjust its spending levels and tax rates in order to monitor and influence the nation's economy. Fiscal policy are divided into three types, these are: neutral, expansionary and contractionary fiscal policy. A contractionary fiscal policy is one which occurs when a government lowers its spending and increase the tax rate

3 0

3 years ago

Identify a campaign that has used symbolism to influence audience decision making

klio [65]

What is symbolism in advertising?

Advertising is a great example of how hidden motives, buying psychology, and eventually communication are combined in a visually stunning way. The main goal of this is to draw in customers, keep them interested in the goods, and ultimately win their loyalty to the company. In order to understand how marketing functions, you need be able to tell compelling stories that are goal-oriented, action-packed, colourful, and visually appealing. Advertising is one of the most scary yet intimate and delicate industries for this very reason.

We discussed how symbolism is used in advertising in this post. Symbols are visual representations of common communication imagery in and of themselves. A bright, blazing, red heart on a billboard will inspire images of love and romance in your head. Since 60% of individuals in the world learn best visually, it is essential to incorporate visual aids while delivering a lesson.

Main Content

Symbolic interactionism is manifested in consumer behavior in the form of symbolic purchasing behavior. This type of purchasing occurs when consumers acquire a specific good or service for what it signifies, based on the symbols attached by society.

To learn more about Symbolism in advertising

https://brainly.in/question/7331314

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3 0

2 years ago