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ad-work [718]
3 years ago
5

If Lorenzo stands up at a concert he can see the performance better. He therefore concludes if everyone stood up, everyone could

see the performance better.Which of the following best characterizes the statement? a. The statement violates the ceteris paribus condition. b. The statement presents the fallacy of composition. c. The statement ignores secondary effects. d.The statement demonstrates that association is not causation.
Business
1 answer:
Lemur [1.5K]3 years ago
6 0

Answer:

The correct answer is letter "B": The statement presents the fallacy of composition.

Explanation:

The Fallacy of composition refers to a fallacy by which an individual believes that something is true just because part of the whole is true. Typically, this type of belief leads to mistaken conclusions because what might be right for one person does not necessarily is right for others.

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Medici and Athena are companies that manufacture medical equipment. The two companies have partnered for a unique project to cre
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Answer:

a joint venture

Explanation:

"a commercial enterprise undertaken jointly by two or more parties which otherwise retain their distinct identities."

8 0
3 years ago
Which of the following is true of good salespeople?
Semenov [28]

Answer:

B (They have the tenacity but know when to walk away and move on thr next sales person)

Explanation:

Let's break these.

A: Anyone can say no. this really does not work as a good salesperson argument.

B) They know when to stop but are also tenacious. good qualities to have in a salesperson.

C) thats looking at legal trouble, please don't do that

D) thats a ridiculous statement

5 0
3 years ago
Read 2 more answers
What is the difference between the federal budget deficit and federal government​ debt?
Genrish500 [490]

Answer:

C) The federal budget deficit is the​ year-to-year short fall in tax revenues relative to government spending ​ (T < G​ + TR), financed through government bonds. The federal government debt is the accumulation of all past deficits.

Explanation:

Budget Deficit by definition is the shortfall in the budget as spending exceeds the budgeted tax revenues for the governments. They are indeed funded by government borrowing by issuing of bonds and borrowing money from the federal reserve.

The federal government debt or also called the national debt is the net accumulation of all the borrowed amount that is used by the government to deficit finance the budget in the current year and the previous years.

In return if a budget in a year turns surplus, that is the spending is less than revenue, it can help lower the national debt if the government policies allow.

Hope that helps.

4 0
3 years ago
Read 2 more answers
A $100 petty cash fund has cash of $17 and receipts of $86. The journal entry to replenish the account would include a :
Paladinen [302]

Answer:

The correct option is C, credit to cash over and short for $3

Explanation:

The requirement targets the balancing entry in the cash account,with cash of $17 in the petty cash account coupled with receipts of $86, the total amount in the petty cash is $103 ($86+$17) and the established float is just $100, which implies that the petty cash has an excess fund of $3 that must be returned to the main cash account.

The excess is the difference between $103 cash in the petty cash account and the maximum float of $100($103-$100)

4 0
4 years ago
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Telecommuters must be able to
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Travel different places and work.
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3 years ago
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