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BlackZzzverrR [31]
4 years ago
7

When an economist attempts to apply conclusions from a two good model to the real world, they break the chain of _____________ l

ogic?
Business
1 answer:
madam [21]4 years ago
3 0
To break the chain of circular reasoning, the economist gives two models with different premises and leads to one conclusion. Providing different premises that lead to one conclusion can strengthen an argument. <span>
</span><span>Circular reasoning is a chain, a logical fallacy of the argument that has the same premises which are also the conclusion of the person. Sometimes, the words are just written or said differently but still has the same point.</span><span>
</span><span>
</span>
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3 years ago
Crane Company has a unit selling price of $500, variable costs per unit of $260, and fixed costs of $184,800. Compute the break-
Ostrovityanka [42]

Answer:

Break-even point in units= 770

Explanation:

Giving the following information:

Selling price= $500

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Fixed costs= $184,800

<u>To calculate the break-even point in units using the mathematical equation, we need to use the following formula:</u>

<u></u>

Net income= unit contribution margin*x - fixed costs

x= number of units

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184,800/240 = x

770=x

<u>Now, under the unit contribution margin method:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 184,800/240

Break-even point in units= 770

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3 years ago
What is segregated fund.
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Which of the following statements reflects the nature of the global economy of the twenty-first century? question 6 options: a n
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Answer:

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Explanation:

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