The Arrive Alive campaign was launched to prevent road accidents or at least lessen the instances of accidents due to drunk driving and reckless driving.
The advantages of this campaign are:
1. It promotes awareness among drivers to drive safely.
2. It educates drivers on the rules and safe acts when on the road.
The disadvantages of this campaign are:
1. It does not completely eliminate the risk of accidents due to drunk and reckless driving. It merely 'educates' the drivers about safe acts.
2. It still allows the drivers to drink and drive but at 'allowable alcohol level' which does not help at all.
In the end, the Arrive Alive campaign failed.
Answer:
1-The four characteristics of the price system are that it is neutral, market driven, flexible, and efficient. It is neutral because prices do not favor the producer or the consumer because the they both make choices that determine the equilibrium price.
2-Why is the price system an efficient allocator of economic resources? Prices are neutral, which means they are equally fair to both consumers and producers. They are flexible which means they can adapt to changing economic conditions. Prices are familiar which means that everyone understands how they work.
3-how do prices serve as signals and incentives to producers to leave a particular market? it showed that when a strong competitor offers similar products for lower prices other producers must also lower their prices. Less efficient companies were driven from the market.
4-demonstrates the effects of competitive pricing because it shows how the company strategically lured customers away from rival producers while still making the highest profit.
Explanation:
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Answer:
d. aggregate demand applies to all goods and market demand applies to a specific good.
Explanation:
Market demand is to the quantities of a good or service that customers are able and willing to buy at a given period at a specific price. The focus is on a single product.
Market demand is in the microeconomics category. It addresses the quantities of a product that customers are willing to buy from the market at a specific price. In determining market demand, price is a critical consideration.
Aggregate demand is the total spending by the economy on goods and services at alternative prices over a given period. The consideration is for the entire country.
Aggregate demand represents the macroeconomic conditions of the country. In the long run, aggregate demand is the GDP of an economy. GDP is the total amount of goods and services produced in a country, while Aggregate demand is the demand for those goods and services.
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Answer:
The Bond's Current yield = 4.95%
Explanation:
Annual coupon = Value of Bond * Annual Coupon rate
Annual coupon = $1000 * 4.8%
Annual coupon =$48
The Bond Current yield =Annual coupon / Current price
The Bond Current yield = $48 / $970
The Bond Current yield = 0.049485
The Bond Current yield = 4.9485
The Bond Current yield = 4.95%
Answer:
In MBTI, the Sensation/Intuition relates to how we gather information.
Explanation:
- MBTI stands for Myers-Briggs Type Indicator. MBIT use to increase the productivity of a person.
MBTI supporters see the testing system as a valuable help for personal growth and development.
- Sensation/intuition A physical sensation or perception resulting from something that comes into contact with the body or happens to it.
some people feel uncomfortable with the touch of others.
