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egoroff_w [7]
3 years ago
13

At which point of the business cycle would prices probably be highest?

Business
2 answers:
myrzilka [38]3 years ago
6 0
The answer is during A Peak
Nutka1998 [239]3 years ago
3 0

The correct answer is D. During peak.

During peak point is when the business cycle will prices be highest.

Business cycle is termed as the movement of upward or downward of gross domestic product.

The period when there is contraction in a sequence and single boom. The four stages of business cycle include; trough, contraction, peak and expansion.

When it is at peak point, the economy is known to be producing the required allowable input and employment is above full.

When in contraction the unemployment increase. In expansion point there is increase in economic growth, upward pressure which is put in prices and also increase in employment.

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Both Projects A and B are acceptable as independent projects. However, the selection of either one of these eliminates the optio
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Answer: Mutually exclusive

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In the project example given, the theory used is called mutually exclusive since both projects can not be chosen at the same time and it is only one project at w time. Mutually exclusive events are also called independent events since they have no effect on the viability of the other options.

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Lomani Ltd acquired two new machines for cash on 1 January 2017. The cost of machine A was $400 000, plus GST, and of machine B,
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Business managers are often overly confident of their own hiring ability because they are more likely to monitor the successes o
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Explanation:

Confirmation bias occurs from the direct influence of desire on beliefs. When people would like a certain idea or concept to be true, they end up believing it to be true. They are motivated by wishful thinking. This error leads the individual to stop gathering information when the evidence gathered so far confirms the views or prejudices one would like to be true. Once we have formed a view, we embrace information that confirms that view while ignoring, or rejecting, information that casts doubt on it. Confirmation bias suggests that we don’t perceive circumstances objectively.  A confirmation bias is a type of cognitive bias that involves favoring information that confirms your previously existing beliefs or biases.

For example, imagine that a person holds a belief that left-handed people are more creative than right-handed people. Whenever this person encounters a person that is both left-handed and creative, they place greater importance on this "evidence" that supports what they already believe. This individual might even seek "proof" that further backs up this belief while discounting examples that don't support the idea.

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2 years ago
Which of the following is a benefit to corporate executives when a process is outsourced?
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Answer:

<h2>In this case,the correct answer would be option b) given in the answer choices or More time to explore new revenue generation activities.</h2>

Explanation:

  • From an economic or business perspective, outsourcing of operational activities or conducts refer to assigning the business functions, activities, projects, assignments etc. to any third party or external agency with a view to enhance work productivity and minimize overall average operational costs or expenses.
  • The third party or the external entities involved in the outsourcing activities are typically not part of the parent or main company or are not commercially affiliated with the parent or main company.
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