Answer:
B. not accurately defined by any of these statements.
Explanation:
An inferior good is defined as one whose the quantity demanded decreases as the income of its consumers increases and vice versa.
<em>Option A is incorrect because the income elasticity for inferior goods is negative and therefore, as the income of the consumers increases, the demand curve shifts to the left.</em>
<em>Option C is incorrect because an inferior good does not necessarily mean a fake good. A good can be inferior but yet meet all the standards for approval by the FDA.</em>
<em>Option D is incorrect. The price and quantity demand for inferior goods, just like normal goods do not vary directly. This is only applicable to luxurious goods.</em>
None of the statements in A, C, and D accurately defined an inferior goods.
Hence, the correct option is B.
Answer: <em>Gene Flow </em>
Explanation:
In the population genetics, the gene flow which is also referred to as the allele flow is described as the transmission of the genetic alteration from one ends of the population to the other. If the amount of the flow tends to be high enough, then the respective populations are known to to have the equal allele frequencies and thus effectively can be termed as the single population.
5 steps are taken to manage risk. This is referred to as the “Risk Management Process.”
Answer:
b. $10,000
Explanation:
Estimated selling price - Estimated cost of disposal = Net realisable value ceiling.
NRV Ceiling = $208,000 - $10,000 = $198,000
Net realisable value Floor = Ceiling - normal profit margin
NRV Floor = $198,000 - $6,000 = $192,000
Market value Current replacement cost = $190,000
Market Loss = NRV ceiling - RC
Market loss = $200,000 - $190,000 = $10,000
Answer:
Locke On Freedom
First published Mon Nov 16, 2015; substantive revision Tue Jan 21, 2020
John Locke’s views on the nature of freedom of action and freedom of will have played an influential role in the philosophy of action and in moral psychology. Locke offers distinctive accounts of action and forbearance, of will and willing, of voluntary (as opposed to involuntary) actions and forbearances, and of freedom (as opposed to necessity). These positions lead him to dismiss the traditional question of free will as absurd, but also raise new questions, such as whether we are (or can be) free in respect of willing and whether we are free to will what we will, questions to which he gives divergent answers. Locke also discusses the (much misunderstood) question of what determines the will, providing one answer to it at one time, and then changing his mind upon consideration of some constructive criticism proposed by his friend, William Molyneux. In conjunction with this change of mind, Locke introduces a new doctrine (concerning the ability to suspend the fulfillment of one’s desires) that has caused much consternation among his interpreters, in part because it threatens incoherence. As we will see, Locke’s initial views do suffer from clear difficulties that are remedied by his later change of mind, all without introducing incoherence.
Note on the text: Locke’s theory of freedom is contained in Book II, Chapter xxi of An Essay Concerning Human Understanding. The chapter underwent five revisions in Locke’s lifetime [E1 (1689), E2 (1694), E3 (1695), E4 (1700), and E5 (1706)], with the last edition published posthumously. Significant changes, including a considerable lengthening of the chapter, occur in E2; and important changes appear in E5.
1. Actions and Forbearances
2. Will and Willing
3. Voluntary vs. Involuntary Action/Forbearance
4. Freedom and Necessity
5. Free Will
6. Freedom in Respect of
