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stira [4]
3 years ago
8

The ________ simplifies the interaction of two groups, firms and households, and allows us to make predictions about economic be

havior.
Business
1 answer:
vladimir1956 [14]3 years ago
3 0

Answer:

Circular flow diagram.

Explanation:

The circular flow diagram simplifies the interaction of two groups, firms and households, and allows us to make predictions about economic behavior.

The firm sells their goods and services in the market while the household buys these goods and services.

Hence, the circular flow diagram represents the interaction between the household and firms with respect to the market.

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The accompanying list describes the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment.
Crazy boy [7]

Answer:

Mollie and Jeanette

Explanation:

Natural unemployment, or the natural rate of unemployment, is the minimum unemployment rate resulting from real, or voluntary, economic forces. Natural unemployment reflects the number of people that are unemployed due to the structure of the labor force such as those replaced by technology or those who lack certain skills to gain employment.

8 0
3 years ago
George and Dan's political consulting firm is losing money, but it is more than covering its variable costs. What is the most ac
aniked [119]

Answer:

- It will go out of business in the long run.

Explanation:

If George and Dan's political consulting firm is losing money, but it is more than covering its variable costs, then the most accurate statement we can make about it is that: It will go out of business in the long run.

In the SHORT RUN, as long as the firm is covering variable costs, it means that the firm is able to generate normal profit or contribution that takes care of part or all of its fixed costs. It will stay in business

<u>In the LONG RUN, the firm will only continue to operate if it can make normal profits</u>

<u>Normal profit occurs when the difference between a company's total revenue and combined explicit and implicit costs are equal to zero.</u>

<u>Since George and Dan's political consulting firm cannot cover fixed costs, it will go out business in the long run.</u>

3 0
3 years ago
You've never had a job so decided that it's time to start applying. When filling out
EastWind [94]

Answer:

I would say NA its better than saying nothing or not saying anything

Explanation:

3 0
3 years ago
after three summers working for a local landscaping business, scott suggested that his boss add snow removal as an extra service
zheka24 [161]

Scott's suggestion that his boss adds snow removal as an extra service shows Scott acting on intuition.

Intuition is a product of inventiveness, especially when one has creative skills for bringing out solutions to ensure success.

Scott was not acting in hindsight because he had not engaged in snow removal before. Scott did not suggest based on minority dissent since there is no opposing suggestion from the majority.

Similarly, Scott was not acting on a sudden reaction, which suggested that the boss required a business idea from Scott.

Thus, Scott was acting on intuition when he suggested to his boss embrace snow removal as an extra service with potential.

Read more about intuition at brainly.com/question/14985297

6 0
2 years ago
How do birthrates and death rates change as a country moves from a least developed or traditional economy to developing-nation s
oksian1 [2.3K]

As a country makes the transition from a least developed economy to developing nation status the Birthrates and Death Rates will increase. Birthrates will increase due to immigration. The healthcare services generally improves when a country develops more and becomes more industrialized. It helps improve the economy which in turn gives more people the opportunity to have more children and to lead healthier lives. So the birth rates go up. Death rates will go up too due to an increase in criminal activity.

7 0
3 years ago
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