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enyata [817]
4 years ago
6

In economics, what is the term for using fewer economic resources than are available for production?

Business
2 answers:
konstantin123 [22]4 years ago
4 0
Your answer I belive is ....

C. CAPITAL
adell [148]4 years ago
4 0

Answer:

The answer is D

Explanation:

When you don't use all of the available resource to you, you are under utilizing

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The effect of substitution bias is that the rise in the price of a fixed basket of goods over time tends to ___________________
luda_lava [24]

Answer:

overstate.

Explanation:

An unchanging basket of goods assumes that consumers are restricted from purchasing exactly the corresponding goods, without caring for changes of the price which are not a very likely hypothesis. <u><em>The result of substitution bias is that the increase in the price of a fixed basket of goods over time tends to</em></u> overstate the rise in the true cost of living of the consumer because it does not take into consideration that the person can substitute away from goods whose corresponding prices have increased.

5 0
3 years ago
Consider the following five constraints x1 + 2x2 ≤ 3, x1 − x2 ≥ 0, 2x1 + x2 ≤ 3, x1 + 5x2 ≤ 6, x1 − 2x2 ≥ −1. (a) Sketch the fea
chubhunter [2.5K]

Answer:

Answer for the question:

Consider the following five constraints x1 + 2x2 ≤ 3, x1 − x2 ≥ 0, 2x1 + x2 ≤ 3, x1 + 5x2 ≤ 6, x1 − 2x2 ≥ −1. (a) Sketch the feasible region and find the degenerate vertex x0. (b) How many possible working sets are there at x0? (c) Suppose that we wish to minimize x1 + x2 subject to these constraints, starting at x0 and using the simplex method. Find a working set A0 for which the Lagrange multiplier vector λ (the solution of AT 0 λ = c) contains at least one negative component λs, but the simplex search direction satisfying A0p = es is not a feasible descent direction. Draw a picture showing p emanating from x0. What are the blocking constraints? (d) Under the same conditions as in part (c), find a working set A¯ 0 for which the Lagrange multiplier vector contains at least one negative component, but the associated search direction ¯p is a feasible descent direction. Draw a picture showing ¯p emanating from x0. (e) Can you find a feasible descent direction at x0 if we wish instead to minimize −x1 − x2? Explain your answer.

is given in the attachment.

Explanation:

Download pdf
6 0
3 years ago
Using these data from the comparative balance sheet of Sunta Fe Spice Company, perform horizontal analysis. (Round percentages t
frozen [14]

Answer:

75000,25%;

18000, 30%.

420000, 15%.

Explanation:

From the question above we are given the following parameters Accounts receivable for year 2017 = $ 375,000,

Inventory for the year 2017 = 780,000 and the Total assets for the year 2017 = 3,220,000.

Accounts receivable for year 2016 = $ 300,000, inventory for the year 2016 = 600,000 and the Total assets for the year 2016 = 2,800,000.

Therefore, we have the following simple arithmetic(which is subtraction between the variables in the two years) to determine the solution to the question:

(375,000 - 300,000) = 75,000 = 25%(increase).

(780,000 - 600,000) = 180,000 = 30%(Increase).

(3,220,000 - 2,800,00) = 420,000 = 15%(increase).

8 0
3 years ago
Read 2 more answers
A listing of all possible returns on an investment, with a chance of occurrence assigned to each return is known as _____.
Anna35 [415]
Answer: Probability Distribution
4 0
3 years ago
You want to run a difference-in-difference experiment with a price increase for the bacon cheeseburger item on your menu. If you
Tasya [4]

Answer:A

Explanation:

A soft drink will definitely be a poor comparison menu because it initially started the experiment with a bacon cheeseburger. From the experiment, it doesn't correlate with the representativeness.

5 0
4 years ago
Read 2 more answers
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