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4 years ago

Economists generally define institutions as all of these, EXCEPT as a _______.

1 answer:

3 0

<span>The correct option is C. Institutions, in economics refers to organisation, establishment and foundations that are involved with regulation and management of money, goods and services in an economy. Economic institutions include: banks, governmental organisations, investment funds, etc, Legal system is not part of economic institutions.</span>

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Ways which business can help in controlling pollution

Umnica [9.8K]

Answer:

Pollution permits are a market-based scheme aimed at reducing pollution and trying to encourage firms to reduce the quantity of pollution they create.

Explanation:

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3 years ago

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Amaya is a member of a new product design team. The team leader proposed a process that would get quick results, but Amaya was c

Vera_Pavlovna [14]

People often have different suggestions and may or may not agree with each other. Due to groupthink, Amaya did not voice her concern as she did not want to appear unsupportive of the team.

Groupthink is known to be a situation that takes place when a group of individuals arrive at a consensus without critical reasoning or looking into the repercussions or alternatives.

It is often based on a common desire not to anger the balance of a group of people.

It can also be regarded as a psychological phenomenon where individual strive to meet a consensus within a group.

Learn more about Groupthink from

brainly.com/question/10206116

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3 years ago

All of the following are disadvantages of outsourcing a product except: A. outsourcing allows the company to focus on its prima

devlian [24]

Answer:

A. outsourcing allows the company to focus on its primary function

Explanation:

The companies outsource to cut the labor costs and these include the salaries and the personal overheads and primarily used by these companies to focus on the core aspects of business.

To delegate the company's business to third parties and to the external agencies and improve the quality production and innovation.

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3 years ago

Why is it important for the ALSA management team to understand the importance of social media in their work?

Bad White [126]

Answer: the ALSA management team must understand the importance of social media in their work because of globalization. People can work from one country to another country through social media. Through social media you can get answer to your problems at work quickly.

Explanation:

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3 years ago

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On a whim, you purchased a scratch-off lottery ticket at the gas station. it must have been your lucky day because you won $2,50

jok3333 [9.3K]

Answer: The winnings of $2,500,000 will grow to $3,781,474.31 if it is invested at 3% for 14 years, compounded annually.

Assuming that I'm logical and rational, I will invest the $2,500,000 at 3% for 14 years in an instrument that gives me compound interest that is compounded annually, as that will give me more money as compared to investing at simple interest.

We use the following formula to determine the Future Value of an investment:

$FV = PV * (1+r)^{n}$

where

FV = Future Value of an investment

PV = Present Value of an investment or amount invested

r = rate of interest per period

n = number of compounding periods for which the money is invested.

Since interest is compounded annually, the number of compounding periods is 14.

Substituting the values from the question in the equation above we get,

$FV = 2500000 * (1+0.03)^{14}$

$FV = 3781474.31$

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4 years ago