Answer:
The correct answer is d. Different economic models employ different sets of assumptions.
Explanation:
To approach the study of economic reality it is necessary, in some way, to simplify it; keep certain variables under control. Precisely for this, it is that economic models are built.
Economic models are built on principles of departure, called "assumptions." Such assumptions fulfill the same role as the postulates in geometry. That is:
- They are not subject to deduction from other more basic principles.
- They are "reasonably" true but not necessarily verifiable.
- They function as premises in the logical structure to deduce the conclusions and correlations found in the lowest levels of generality.
We can say then, that the theoretical explanations refer to invisible "relationships", whose existence is proposed by the theory, and whose implications are logically deduced, and then corroborated by observations. They consist of:
- Assumptions (eg subjects want to maximize their earnings).
- Relevant variables (eg price and quantity).
- Binding hypothesis (eg quantity demanded based on price).
- Conclusions or predictions of observable facts (eg prices will rise).
Sales promotion mix element stimulates purchase directly through an incentive to buy, such as a coupon or rebate.
<h3>
How does sales promotion work?</h3>
- Sales promotion is one of the components of the promotional mix.
- Sales promotion is a marketing strategy where a company would utilize brief-term campaigns to generate interest and demand for a product, service, or other offerings.
- Advertising, personal selling, direct marketing, and publicity/public relations make up the bulk of the promotional mix.
- Types of Sales Promotion - 4 Important Types: Consumer Sales Promotion, Dealer Promotion, Business Promotion, and Public Relations
To learn more about promotion, refer to the following link:
brainly.com/question/14772910
#SPJ4
Answer:
B. On the declaration date
Explanation:
Dividend payable are usually advised by management but must be ratified by the shareholders (usually in the annual general meeting) for such to be come recognizable in the books. The date of ratification is the declaration date
As such a corporation record an increase in Dividends Payable on the declaration date.
The right option is B. On the declaration date
Answer:
Sole ownership
Explanation:
Sole Ownership is a term that describes a form of property ownership whereby the ownership or interest in a property is completely owned by a single person. Also, the sole ownership of property can be acquired in some other ways, such as transfer of ownership or statutes of intestate succession.
Hence, in this case, If Garnett dies, the type of ownership Kennedy now have is called SOLE OWNERSHIP
Answer:
hope this help u
Explanation:
Transferring energy into or out of a substance changes its temperature, which changes the molecules' freedom of movement. Claim 2: Transferring energy into or out of a substance changes the molecules' kinetic energy, which changes their freedom of movement.
