Answer:
C. If the firm were to charge more than the going price, it would sell none of its goods.
Explanation:
A price-taker firm is defined as an individual company which must accept the prevailing prices in the market, lacking a market share to influence the market price on its own.
If a company is considered as a price taker in the competitive market, it does not have the power to influence the present market price by the quantity of the products it produces.
Thus if a price taking firm can charge more for a product than the going market price, then it would not sell its products.
Hence the correct option is (C).
Answer:
Extensive properties, such as mass and volume, depend on the amount of matter that is being measured. ... Both extensive and intensive properties are physical properties, which means they can be measured without changing the substance's chemical identity.
Explanation:
When judgments or decisions are influenced by the way in which information is presented, this is called a framing effect.
The term framing effect is an important concept in behavioral economics and psychology. It states, that people react to a particular choice in different ways depending on how it is presented.
<span>Mendel demonstrated the particulate hypothesis Quantitatively followed traits through multiple generations
Showed reappearance of hidden traits in expected proportions
Genes are discrete heritable units
Remain separate in offspring
Separate physical units pieces of meat
Combinations give variation</span>
Answer: This passage does commit a fallacy; specifically, it does commit an appeal to fear fallacy.
Explanation:
Appeal to fear is a type of informal fallacy that seeks to convince supporters to back an idea by creating fear towards the opposite option. It´s a fallacy that evokes the fear of something terribly wrong happening in the present or in the future in order to convince people of accepting a specific idea to be right.
In this case, the student´s participation in the administration's decision-making process is presented as an option that can only lead to chaos.
