Answer:
a. cause ; effect
Explanation:
A variable is any factor that can sustain in varying types or amounts.
There are actually three types of variables: dependent variable, independent variable and controlled variable.
The controlled variable is that trait or condition the experimenter desires to keep constant.
The dependent variable is contingent upon the independent variable. It is determined by the independent variable. The effects of the actions taken on the independent variables are seen on the dependent variables. These two variables are related by cause and effect.
Answer: Environmental scanning; Technological
Explanation:
Environmental scanning involves the gathering of information about the factors external to a firm in order understand how they affect the operations of such firm. The goal of environmental scanning is to help management make informed decisions by analyzing the workings of factors outside their control.
The owner of Green Goddess Lawncare Inc. is analyzing the technological environment since the cause of the environmental scanning is a new-product development and how it seeks to affect his business.
Answer:
a. 0.8
b. 5
c. 0.9 and 10
Explanation:
a. The formula to compute the MPC is shown below:
= (Change in consumption) ÷ (Change in investment income)
= $16 billion ÷ $20 billion
= 0.8
b. The formula to compute the size of the multiplier is shown below:
= 1 ÷ (1 - MPC)
= 1 ÷ (1 - 0.8)
= 1 ÷ 0.2
= 5
c. If the change of the consumption increases, then the MPC would be
= (Change in consumption) ÷ (Change in investment income)
= $18 billion ÷ $20 billion
= 0.9
And, the size of the multiplier would be
= 1 ÷ (1 - 0.9)
= 1 ÷ 0.1
= 10
<u>Solution and Explanation:</u>
The Short run supply curve: In a perfectly competitive market, the supply curve is apportion of its rising part of the marginal cost curve. It lies above the minimum of the avergae varibale cost curve. Here, the average variable cost is $14. So, in this case, the short run supply curve would be the portion of the marginal cost curve lies above $14. thus, it should lie above $14.
Thus, the correct option from the given options is A.
