1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Drupady [299]
3 years ago
12

Syd is an economist putting together an economic model to predict the outcome from particular causes and effects in the economy.

What tool is best for testing out his model?
A: Dialectic dialogue
B: Mathematical functions
C: Environmental absolutes
Business
1 answer:
Sholpan [36]3 years ago
8 0

Answer:

The correct answer is (B)

Explanation:

Economists are helpful to predict future economic and financial phenomenon’s.  In that regard, statistical or mathematical models are considered more appropriate and it is said that they provide better results. In the above scenario, Syd is attempting to construct an economic model for that, the suitable technique to examine the cause and effect to predict the outcomes are mathematical functions. The reason is that mathematical models are more appropriate to predicts cause and effect.

You might be interested in
A country sells more goods and services to foreign countries than it buys from them. It has Select one: a. a trade surplus and p
GREYUIT [131]

Answer:

a trade surplus and positive net exports. 

Explanation:

If a country sells more goods and services to foreign countries than it buys from them, it means the country's export is greater than its import. If export is greater than import, net exports (export- import ( would be postive.

Also, there would be a trade surplus.

 A trade surplus is when the value of export is greater than imports. 

I hope my answer helps you

5 0
3 years ago
Ken, a transaction broker, worked with both the buyer and seller in the sale of a home. The sale went well and it closed on time
vovangra [49]
Ken, the agent, violated the law of agency  
In this particular instance, when Ken told the the buyer that the seller would take a lower price than what was on the listing in order to close the sale faster and then told the buyer exactly which price they should offer, Ken, who is the agent, has now violated the law of agency
6 0
3 years ago
Which activity relates to judging the seriousness or gravity of a given problem?
yKpoI14uk [10]

B. Evaluation  

Evaluating means to systematically determine somethings merits and significance, including the seriousness or gravity of a problem.

3 0
3 years ago
Read 2 more answers
To increase the popularity of its new range of smartphones, gizmopro inc., a mobile phone manufacturer, offered several accessor
ikadub [295]

Answer: This question lacks the following answers:

a. market share pricing

b. profit maximization

c. demand orientation

d. sales maximization

<u>The correct answer is b)</u>

Explanation:

The practice of giving away free things (mobile accessories) can be good after the launch of a new product range, or even when the company itself is entirely new. However, it is not feasible in the long run, as the company <u>does not generate profit</u> from giving products for free.

Giving discounts is definitely more lucrative, as the discount itself provides enough of an incentive for the customer to buy the accessory. On the company side, <em>profit </em>will be generated (although decreased with the discount, but still generated compared to giving free things).

6 0
3 years ago
For a given level of inflation, if a rise in the stock market makes consumers more willing to spend (the wealth effect), then th
professor190 [17]

Answer:

aggregate demand curve; right

Explanation:

Inflation can be regarded as

when the level of price of goods/service increases for consumer to buy, it can be measured as a result of change in price. There are four types of level of inflation which are creeping, walking as well as galloping, and hyperinflation, which are measured base on speed. It should be noted that For a given level of inflation, if a rise in the stock market makes consumers more willing to spend (the wealth effect), then the aggregate demand curve shift right

4 0
3 years ago
Other questions:
  • Brand x batteries have a mean life span of 102 hours, with a standard deviation of 6.8 hours. brand y batteries have a mean life
    7·1 answer
  • Google's mission statement is “to organize the world's information and make it universally accessible and useful.” When the CEO,
    6·1 answer
  • A product's standard cost card specifies that a unit of the product requires 4 direct labor-hours. During September, 3,350 units
    15·2 answers
  • Your department store receipt says that you pay a 5% sales tax on sports equipment. this sales tax is an example of a
    8·1 answer
  • What role does an entrepreneur play in the making of goods and services? A. The entrepreneur provides the labor for a business.
    9·2 answers
  • At the end of the first year of operations, the total cost of the trading securities portfolio is $245,000. Total fair value is
    12·1 answer
  • Which of the following directly generates revenue for a business?
    10·2 answers
  • Why is it important for every person to keep track of their earnings and spending patterns?
    15·1 answer
  • "Justin Company currently produces and sells 4,000 units of a product that has a contribution margin of $6 per unit. The company
    11·1 answer
  • An individual forgot to delegate a certain task to one of her team members. Each person on the team was supposed to create a Pow
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!