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natima [27]
3 years ago
14

Economic models:

Business
1 answer:
Elanso [62]3 years ago
6 0

Answer:

The correct answer is letter "C": Can be useful, even if they are not particularly realistic.

Explanation:

Economic models are real-world phenomena simplified assumptions that allow individuals to have a better idea of how and why economic events take place and provide certain information on how to mitigate their impact if negative.

<em>Those assumptions are subjective since are given by individuals based on their beliefs but most of the time after observing different events and classifying them using different criteria. Thus, the assumptions might not be accurate sometimes but the economic model concluded could be useful still.</em>

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Trade between the middle east brought the black death to europe because
ss7ja [257]

Answer:

Trade between the middle east brought the black death to europe because some of the trading ships passing the trade route was infested with rats that carried the plague.

Explanation:

The Black death also referred to as the bubonic plague was pandemic that was brought about by trade between the Middle East and Europe on the silk road. This plagues killed over 30 to 50 million people when it started from the year 1346 to 1352.

The black death was caused by a Enterobacter bacteria called Yersinia pestis which is present in the vector flea called Oriental rat flea carried by host which were rodents(rats). The rats infested the trading ships from Genoese who came to Europe via Italy. The Black death spread from Asia, down to Europe, Africa and finally the Middle East.

This disease spread from animal to human as well as human to human contact. The characteristics symptoms of this disease includes the presence of boils on the body of the sick that turned sores and the sores eventually became black, hence the name black death. Other symptoms included warm, swollen lymph nodes in the groin or armpit, very high fever, headaches, muscle pain after which death was the end result for some people.

7 0
4 years ago
Read 2 more answers
A Wall Street Journal article recapped U.S. standards regarding​ boss-and-subordinate love affairs at work. Only​ ______ percent
Fantom [35]
10 percent and 20 percent
3 0
3 years ago
A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. Which of the fol
ankoles [38]

Answer:

Correct option is A

“The flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing” is the correct option  

Explanation

It is a curve which shows various combination for the amount of two goods among which they can be produced with in the given available resources. Thus, it shows that the maximum amount of output is produced with the help of given resource.  

4 0
4 years ago
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Which of the following refers to the​ principal-agent problem in the market for health​ care?
larisa86 [58]

Answer:

a. Doctors pursuing their own interests rather than the interests of their patients

Explanation:

A principal is an individual or a group that entrusts a certain responsibilities to someone else (known as the agent) in an entity . The agent therefore has superior information than the principal and therefore the former makes decisions on behalf of the latter. A conflict of interest can occur when the agent pursues his own interests for personal gains and ignores the responsibility he was hired to do hence creating Principal-Agent problem. Among these choices, doctors pursuing their own interests rather than the interests of their patients will lead to principal agent problem.

7 0
3 years ago
The 2020 accounting records of Novak Corp. reveal these transactions and events.
anastassius [24]

Answer:

         Statement of Cash Flows (Direct Method)

          For Year Ended December 31, 2020

Particulars                                             Amount

Cash Flows from operating activities:

Cash Receipts from:

Customers ($50800+ $190100)   $240,900

Dividend Revenue                         $18,800           $259,700

Less: Cash payments:  

For Interest                                     -$10,000

For Income Taxes                          -$16,900

To suppliers for Merchandise       -$115,600

For Salaries and wages                  -$57,100

For Operating Expenses                -$28,300     -<u>$227,900</u>

Net Cash provided by operating activities       <u>$31,800</u>

4 0
3 years ago
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