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serious [3.7K]
4 years ago
10

An economic study of the number of online searches that individuals conduct before selecting a particular item to purchase onlin

e presumes that people are interested only in their own​ satisfaction, pursue their ultimate​ objectives, and consider every relevant option.
In examining the above​ decision-making process, the approach that the economist is following can best be described as the one that relies on __________.
Business
1 answer:
3241004551 [841]4 years ago
4 0

Answer:

<em>The Rationality Assumption.</em>

Explanation:

The assumption of rationality is <em>the belief that people will choose something which will increase efficiency from a series of decisions; this advantage is prone to interpretation and it can be based on actual economic profit, benefit to society, and a multitude of other things.</em>

Economists often presume reason when interacting with theory and devising mathematical and statistical models to explain behaviour. It is safe to assume in many cases, such as a straightforward supply / demand model, that people will behave on basic moral standards such as a cap on desire to pay.

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For something to have value, it must _____________.
kompoz [17]
Have utility


This is the only logical answer. The rest are just material things like money, and style always is changing so you can’t put value on style.
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4 years ago
Mei lives in a country where she is free to keep profits from her business and use them as she wishes, within legal limits. what
olga_2 [115]

As Mei lives in a country where she is free to keep profits from her business and use them as she wishes within legal limits, the type of economy system is known as <u>capitalism</u>.

<h3>What is a capitalism?</h3>

This refers to an economic system in which private individuals or businesses own capital goods and can employ workers (labor) who only receive wages. Generally, the overall production of goods and services under capitalism is based on supply and demand in the general market—known as a market economy rather than planned economy or command economy.

In conclusion, the known purest form of capitalism is a free market or laissez-faire capitalism.

Read more about capitalism

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3 0
2 years ago
If a bank experiences a deposit outflow of​ $50 million with a required reserve ratio on deposits of​ 10%, which balance sheetLO
lilavasa [31]

Answer:

Balance Sheet B because the excess reserves are adequate to cover the deposit outflow without the bank needing to alter its balance sheet.

Explanation:

Balance Sheet B because the excess reserves are adequate to cover the deposit outflow without the bank needing to alter its balance sheet and $50 million deposit outflow means that reserves reduced by $50 million to $25 million. Since required reserves are $45 million (10% of the $450 million of deposits), which means the bank needs to acquire $20 million of reserves and the reserve can be obtain by either calling in or selling off $20 million of loans, borrowing $20 million in discount loans from the Fed, borrowing $20 million from other banks or corporations, selling $20 million of securities, or the combination of all.

5 0
4 years ago
A__________is designed to reduce the cost of transporting materials while maintaining safe and reliable delivery.marketing infor
Cloud [144]

Answer:

The answer is logistics information system.

Explanation:

Logistics is defined as the process of delivering goods from point of origin to point of consumption through various transportation methods. Logistics management can be very complex, depending on the type of product that the company manufactures or distributes. Because in executing a logistical operation, one requires coordination with multiple parties, a logistics information system would be beneficial in ensuring that the process is done in the most efficient and effective manner .

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4 years ago
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I need to know what the chocies are so i can answer your question

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4 years ago
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