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madam [21]
3 years ago
12

With respect to how economists study the economy, which of the following statements is most accurate?a. Economists study the pas

t, but they do not try to predict the future.b. Economists use "rules of thumb" to predict the future.c. Economists devise theories, collect data, and analyze the data to test the theories.d. Economists use controlled experiments in much the same way that biologists and physicists do.
Business
1 answer:
NARA [144]3 years ago
4 0

Answer:

c. Economists devise theories, collect data, and analyze the data to test the theories

Explanation:

Economists use past data to predict the future.

They make use of sound economic theory instead of rule of thumb to predict the future.

I hope my answer helps you

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Dave Fletcher was able to determine the activity times for constructing his laser scanning machine. Fletcher would like to deter
skelet666 [1.2K]

Answer:

  • Project completion time: 21 weeks
  • Critical Path: B - E - G
  • ES, EF, LS, LF are shown below

Explanation:

The earliest start is the latest of the earliest finish times of the predecessors. The earliest finish is the sum of earliest start and duration.

The latest finish is the earliest of the latest start times of the successors. The latest start is the difference of latest finish and duration.

The slack is the difference between earliest start (or finish) and latest start (or finish).

Project duration is the earliest start of the "Project Done" task. For purposes of computing slack, this (project duration) is taken to be the latest finish of the immediate predecessors.

The critical path is the sequence of tasks with 0 slack.

8 0
3 years ago
A project has an initial cost of $18,400 and is expected to produce cash inflows of $7,200, $8,900, and $7,500 over the next thr
garri49 [273]

Answer: 2.91 years

Explanation:

The discounted payback period calculates how long it takes for the cummulative discounted cash flow to equal the amount invested.

Please check the attached image for the table explaining how the answer was gotten.

7 0
3 years ago
Which of the following is an example of the effective use of email communications?​ When sending an email, Jake avoids using a d
hichkok12 [17]

Answer:

When sending an email, Ellis restates the subject in the body of the message.

Explanation:

Email has some standard guidelines for preparing the email.

It includes that the subject shall also be defined again in the descriptive area, where entire content of email is discussed.

There must be a descriptive line showing the purpose of email.

There shall be supportive subject for the description of email.

If the email has some quantitative data then it shall be summarized using graphs, pictures etc:

In a single email, least topics shall be discussed as that will not confuse the reader, and will be logical, towards the response for such email.

4 0
3 years ago
An increase in the real wage would result in a:________. a. shift of the labor demand curve, causing an increase in the number o
barxatty [35]

Option C

An increase in the real wage would result in a: movement along the labor demand curve, causing a decrease in the number of workers hired by the firm.

<u>Explanation:</u>

The wage rate is circumscribed by the crossing of supply and demand for labor. The demand curve depends on the marginal product of labor and the cost of the good labor originates.

A variation in the wage or payroll will end in a shift in the amount necessitated of labor. If the wage rate increases, organizations will require to hire fewer employees. The quantity of labor demanded will decline, and there will be a movement skyward on the demand curve.

5 0
3 years ago
An organization has a standing order with a supplier. the organization has ordered the same product in the same quantity monthly
evablogger [386]

Answer:

Modified Rebuy.

Explanation:

Modified Rebuy can be defined as the desires of a buyer to re-purchase or reorder the products previously bought but with certain modifications either in prices, products, suppliers, or terms. The buyer may modify the current purchasing terms because he may not be satisfied with the supplier or may have some new requirements.

In the given case, the modification in supplier has been made by the organization to get a better price. Thus this is an example of modified rebuy.

So, the correct answer is modified rebuy.

7 0
3 years ago
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