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Oxana [17]
3 years ago
13

Economic models are:

Business
1 answer:
melamori03 [73]3 years ago
3 0

Answer:

The correct answer is letter "B": potentially useful in forming economic policy.

Explanation:

Economic models are abstractions that try to simplify phenomena of the real world. Economic models are the assumption that economists make to understand the diverse economic events that occur. Those models could be theoretical or mathematical in some cases.  

<em>Economic models can help governments establish economic policies based on facts of the environment and the variables affecting that community.</em>

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The Alpha Division of the Carlson Company manufactures product X at a variable cost of $40 per unit. Alpha Division's fixed cost
zheka24 [161]

Answer:

$70 per unit.

Explanation:

Based on the information given we were been told that the market price of X costs the amount of $70 per unit which simply means that market price exists, based on this the transfer price of X in a situation were each division is been treated as a profit making center will be the market price of $70 per unit.

8 0
3 years ago
Product package sizes are becoming smaller around the world in a phenomenon called….
My name is Ann [436]
They are called ShrinkFlation
8 0
2 years ago
What is the typical relationship between time and interest rate?
melamori03 [73]
<span>Time and interest rates are directly related to one another. When paying a loan that accures interest, the longer it takes for you to pay the loan back, the more interest you are going to pay on that loan. Over time, the interest adds up and can be a large sum of money, if you want to pay a lower amount of interest, it is often beneficial to pay off the loan in a quicker amount of time. </span>
3 0
3 years ago
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The top management of Kryptos Inc., a supplier of office stationery to large IT corporations, is involved in a meeting with its
liubo4ka [24]

Answer:

Jury of Executive Opinion

Explanation:

Jury of Executive Opinion method of sales forecasting employs the views of to management in various section. They are are experienced and have good knowledge of the market factors and are able to predict the expected sales. They are able to forecast sales figures through estimates and previous experiences. All internal and external factors are taken into account. Their judgements are pooled together and averaged in drawing the sales forecast of Kryptos Inc.

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If you wanted to find out what the average salary is for a certain occupation, what could you do?
Ksju [112]
I would find the maximum amour U would get for the job and the lowest. Then add the both values and divide by 2.
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