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MrRa [10]
3 years ago
5

Imagine that businesspeople from a high-context culture (e.g., Japan or China) meet their counterparts from a low-context cultur

e (the United States) for the first time to negotiate and sign a manufacturing contract. What could go wrong? How about conflicting perceptions of time?
Business
1 answer:
tino4ka555 [31]3 years ago
4 0

Answer:

As per Chegg guidelines .

Explanation:

For a high-context culture, the social environment or social context has more importance than the words being spoken. This means that in a high context culture, low-contex culture is not as important as the nonverbal communication, because nonverbal communication has more importance . For the high-context culture, a contract is just a beginning point for negotiations in closing the deal. Signing of the contract does not necessary means closing of the business deal. Some of the examples of high-context cultures are China, most Arab countries, Latin America, most African countries, most other Asian countries, and Italy. In reality, most cultures fall somewhere along a continuum, or sliding scale, in their perception of the importance of context (with high and low being the end points of the continuum

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Suppose this economy was momentarily at Full Employment, but has now experienced a continuation of the RIGHT shifting AD caused by increased "G" spending . If the Price Level increases to $2.34, then Real Production GDP will have increased to $5200 b and 2 million people will have gained jobs. In the Business Cycle the economy will have moved from Point "x" toward Point y.

Explanation:

The AD-AS model (Aggregate production aggregate) demonstrates national income calculation and price level adjustments.

This shows how various events will change in two of our major macroeconomic indicators: Actual GDP and inflation.

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4 0
3 years ago
why might a mutual fund be a better investment than individual stock and bonds a mutual fund guarantees dividends be stocks are
borishaifa [10]

Answer:

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Explanation:

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7 0
3 years ago
Assume that you inherited some money. A friend of yours is working as an unpaid intern at a local brokerage firm, and her boss i
Firlakuza [10]

Answer:

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Explanation:

Detailed calculations are carried out in the attachment below.

8 0
3 years ago
"if you change the units of one of the variables, the value of correlation will increase or decrease. "
brilliants [131]
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7 0
3 years ago
Briefly discuss the difference between these two concepts. A. Perfect competition results in productive efficiency but not neces
Butoxors [25]

Question:

Allocative efficiency is an economic concept that occurs when the output of production is as close as possible to the marginal cost. In this case, the price the consumers are willing to pay is almost equal to the marginal utility they derive from the good or the service.

Productive efficiency is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost. To be productively efficient means the economy must be producing on its production possibility frontier.

Required

Briefly discuss the difference between these two concepts.

A) Perfect competition results in productive efficiency but not necessarily allocative efficiency.

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C) Productive efficiency results in zero economic profits but allocative efficiency does not.

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Answer:                      

The correct answer is  E    

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Economic efficiency refers to a situation where all goods and factors of production in an economy are distributed or allocated to their most valuable use with little or no waste.

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Caption:

Max Profit = Max Efficiency

When P = MR = MC

Whether price is equal to marginal revenue or not depends on how pricing is done.

Cheers!

5 0
3 years ago
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