I believe the answer is: Inductive generalization
Inductive generalization refers to the type of thinking that believe something is universally true based on small sample.
Example of inductive generalization, all people in my family do not like Brand A of cereal. So, Brand A cereal is not well-liked by average family in my City.
The Bible I believe or it was Marco polo’s traveling to china please put both
It is a true statement that the free enterprise system is necessary for an individual to make an impact on the business world.
<h3>What is a
free enterprise system?</h3>
This economy system is also called a free market or capitalism that is driven by supply and demand.
The businesses and consumers are the component that control the marketplace with little to no interference from the government.
Therefore, It is a true statement that the free enterprise system is necessary for an individual to make an impact on the business world because it gives them freedom to perform their trade art.
Read more about free enterprise system
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<em>The correct answer is b. quotas. This is the a limit of quantity of a product coming into a country that a goverment imposes in order to protect domestic producers. However, quota causes an important profit lost because the goverment does not earn a tax revenue, so it is less frequently used than the tariffs. </em>
Answer:
A. True
Explanation:
Incremental analysis is an analytical approach that focuses only on those revenues and costs that will not change as a result of a decision.
The costs could be regarded as a sunk cost which was used in the past. Any change in policy or decision making by a management wouldn’t have any effect on these costs/revenue.