Answer:
The answer is Option B) Irene likely uses <u>Technical Reasoning</u> at the <u>Use first</u> level
Explanation:
Technical reasoning is defined as an aptitude, ingenuity, and affliction for solving practical problems through experience.
The person who uses the Technical pattern on a Use First basis seeks to problem-solve, build or do things hands on to experience what is going on.
Technical Reasoning refers to the pattern which describes the way we seek relevant real world experiences and practical answers. This pattern is the pattern of the fewest words
Answer:
b. the market for wallpaper is in equilibrium.
Explanation:
Efficient allocation of resources means that the cost to produce the last unit of wallpaper and the benefit from that unit equals.
It must be the case that the cost of obtaining the product (which is equal to the benefit to the buyers) is the same as the cost of producing the product. That is the price.
The quantity where demand and supply meets in the equilibrium quantity (supply curve intersect demand curve)
That's the market equilibrium, where the price and quantity that buyers are willing to buy and suppliers are willing to sell is the same.
Answer:
The price mechanism allows the consumer to gain sovereignty in the market. They have 'spending votes' in the market, which enables them to choose what is bought and sold. Generally, the free market allows for an efficient allocation of resources.
Explanation:
A Shareholder is the partial owner of the company who purchases and owns share of stocks in a company.
Answer:
1. A) Gold coins
2. B) food stamp
3. Gold coins
Funds in a checking account
Funds in a savings account
100 shares of Google stock
Grocery Store Coupons
Food stamps
Explanation:
Money is legal tender that is generally acceptable for transaction within a geographical location mostly a country.
Gold coins is a form of money that is accepted it can be use for transaction immediately.
Funds in checking and savings accounts :-money is available but not in cash or coin, a card is needed to make of the money.
100 shares of google stock:- this is an investment that will yield dividend over a period of time, its not available for use at the moment.
Grocery store coupons is restricted to a specific grocery store and has no value outside.
Food stamp is not generally acceptable outside the designated points.
