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Stolb23 [73]
4 years ago
5

good theory should have the virtue of , or refutability. In other words, not only must a theory predict thing that we should obs

erve if it is right, but it should predict things that we should observe if it is wrong. Theory X predicts that individuals will buy more of a particular good if their incomes rise. This is a theory that can be falsified. True or false
Business
1 answer:
Elan Coil [88]4 years ago
4 0

Answer:

True. Yes, the theory can be falsified.

Explanation:

Theory X would more specifically refer to the theory of supply and demand, which states that individuals will buy more of a particular good if their income rises. From this theory, comes the concept of "normal good", which are precisely the goods that people buy more as their income rises.

This theory could be falsified by empirical observation: a study could be made, including a good number of subjects, to see whether their purchasing habits are directly related to their income.

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Answer:

Mercantilism

Explanation:

Mercantilism is a national economic policy that is designed to maximize the exports, and minimize the imports, of a nation.

3 0
4 years ago
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Cbs company invested in a project that is expected to have an annual cash flow of $10,000. the project's life is five years and
Shtirlitz [24]
Use the formula of the present value of an annuity ordinary which is
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5 0
4 years ago
If the per-worker production function is y = Ak, where A is a positive constant, in the steady state, a: lower saving rate leads
Soloha48 [4]

Answer:

Higher savings rate leads to higher growth rate

Explanation:

since the per-worker production function has a positive constant A it therefore means that the per- worker productivity will increase positively in the steady state and will cause Higher savings rate which will lead to higher growth rate of the capital a worker has at a given time.

but note that this does not result to a higher growth rate in the per worker output while considering the balance growth path in the steady state situation as well.

4 0
3 years ago
Direct marketing refers to:_______.
Wewaii [24]

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Direct marketing involves communication of a product to a target customer without using advertising agents as middle men. Customers are identified and contact is made directly to generate a buying decision from them.

This method gives quick feedback and action from the customer.

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4 years ago
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UNO [17]
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