The Right Response is Option C which is Long Term Changes in the Economy.
<h3><u>
Why Did Friedman Argued So?</u></h3>
- The concept of monetarism, which refers to the management of money in the economy, was developed by Milton Friedman. According to Friedman, changes in the money supply can have both long- and short-term consequences.
Friedman suggested that long-term changes in the economy had an impact on consumer behavior. Long-term economic developments have an impact on how consumers behave while making purchases. For instance, if long-term economic trends are favorable, consumer spending will rise; otherwise, it would fall.
Therefore, "long-term changes in the economy" is the right response.
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Correct Question - Milton Friedman argued that consumers are more likely to alter their behavior based on
a) changes in the unemployment rate.
b) short-term changes in the economy.
c) long-term changes in the economy.
d) changes in the inflation rate.
<span>The accounting principles and practices as they relate to inventory can be used in unethical ways. For example in my industry many teachers have to collect inventory and check it in but they steal the inventory for themselves. One way to reduce the risk is to have 2 people check off on the inventory.</span>
Answer:
B- Self interest results in the Nash Equilibrium which is the best outcome for the players.
Explanation:
Prisoner's dilemma: It is the answer in the game theory to the reason that why 2 conflicted parties doesn't cooperate. According to Prisoner's Dilemma, 2 conflicted individuals doesn't cooperate because they both are acting to secure their own self interest, considering that the collective interest would be far much better, but they are interested in win/lose situation.
Nash Equilibrium: This occurs when both parties realize that no extra benefit will incur if they change their strategy, so they both remain on the same strategy and solve the dilemma while getting the optimum outcome for both of them.
Location economies, arise from performing a value creation activity in the optimal location for that activity,
Express easily. Value creation is the process of transforming resources (physical like matter or non-physical like time) into something of perceived value. Examples of value creation include car manufacturers that build vehicles, farmers that grow and harvest crops, and banks that provide mortgages.
These four types of value creation are identified as follows: A) intentional value co-creation, B) vendor-driven value creation, C) customer-driven value creation, and D) voluntary value creation.
Business starts with value creation. That is the purpose of an institution: to create and deliver value so efficiently that it produces profit after cost Because value creation is the starting point of any business, whether it is successful or not, we understand It's the basic concept you need.
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Answer:
Profit of $8,500
Explanation:
Strike Price = $90,000
Premium = $1,500
Break even point = Strike price - Premium
Break even point = $90,000 - $150
Break even point = $88500
Profit = Break even point - Share price
Profit = $88,500 - $80,000
Profit = $8,500
