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kirill115 [55]
3 years ago
5

Which of the following statements about economic models is correct? a. Economic models are built to mirror reality exactly. b. E

conomic models are useful, but they should not be used for the purpose of improving public policies. c. Because economic models omit many details, they allow us to see what is truly important. d. Economic models seldom incorporate equations or diagrams.
Business
1 answer:
gavmur [86]3 years ago
8 0

Answer:

c. Because economic models omit many details, they allow us to see what is truly important.

Explanation:

  • An economic model is a theoretical construct that represents economic processes and by a set of variable and has a sets of quantitative interrelations. Also this model is assimilated as a form of a mathematical variable and is designed to show the called processes and selects the data based on the paradigm of the economic study.
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A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as p
Lunna [17]

Answer:

non rival, non excludable

$5040

greater

will

a. Students believe that if the initiative does not happen, the funds for the initiative Will not be spent elsewhere.

Explanation:

A public good is a good that is non excludable and non rivalrous.

Because a student is enjoying the visual appearance of the campus, another student is not prevented from enjoying the visual appearance of the campus. This means that the beautification initiative is non rivalrous

There is no way to prevent any student from viewing the initiative. This means it is non excludable

Benefit can be calculated using the willingness to pay of student

the price a student is willing to pay would be dependent on the amount of benefit she expects to derive from the project

benefit =  420 x $12 = $5040

The  beautification initiative generates a positive externality

A good  or initiative has positive externality if the benefits to third parties not involved in production is greater than the cost

Because the good  generates positive externality, the initiative should be carried out

If . Students believe that if the initiative does not happen, the funds for the initiative Will not be spent elsewhere, they would quote a lower willingess to pay

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3 years ago
Scientific management foucuses on increasing efficiency at increasing operating efficiency at the _ level of management
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3 years ago
Explain population in biology​
Feliz [49]
Hi :)

Population is a group of organisms of one one species, living in the same area at the same time

Hope this helps!
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3 years ago
What would be an indicator of poor time management?
stiv31 [10]
Symptoms of poor time management.

1. Poor punctuality.
You are regularly late for your appointments or completing your tasks. This may be due to you accepting too many tasks or your inability to assign the correct amount of time to your activities. Poor punctuality almost always impacts others and, as a result, usually has a negative impact on the quality of your relationships.

2. Rushing.
There will be times when everybody has to rush a little; however, if you find yourself constantly rushing from one appointment to another then your time management is poor. A skilled time manager allows sufficient time between appointments to cope with unforeseen events e.g. a previous meeting overrunning.

3. Impatience.
Impatience is usually a sign of poor time management. Having failed to allow sufficient time for a task or, having procrastinated excessively, you find yourself under extreme pressure to make a deadline. You may accuse other people, or technology, of delaying you but the truth is that you have failed yourself by failing to manage your time properly.

4. Poorly defined goals.
Your goals help you to identify your priorities. They outline what you want to achieve, when you want to achieve it by and the importance of the task. If you do not have clearly defined goals, how are you supposed to know which tasks need to be prioritised? A skilled time manager knows to take time to set clearly defined goals, around which their activities can be scheduled.

5. Procrastination.
Sometimes, you know what needs to be done but you keep putting it off. Eventually, when you decide to complete the task, the deadline is usually looming large and you are under pressure to complete the task in time. Repeated procrastination can result in stress and poor performance.

6. Poor performance.
You can get away with poor time management for a while but eventually it catches up on you. You begin to miss deadlines; you are constantly late for appointments and your impact on other people becomes too much for them to cope with. Your productivity levels decline and your backlog increases.

7. Lack of energy.
When you have poor time management skills, you are constantly chasing your tail. You constantly fall behind in tasks and you have to work extra hard to catch up. Eventually, your energy levels begin to drop and you lose motivation. It becomes harder to catch up and so you fall further behind which drains you of even more energy.

8. Perfectionism.
This is one of the symptoms which I have suffered from myself. You spend so much time trying to prepare and make sure that you perform the task perfectly that you either fail to start or go incredibly slowly. In reality, very few tasks are ever performed perfectly but when you are overcome by a need for perfection, it can be hard to see that.

9. Indecisiveness.
When you are faced with more than one option, you are unable to choose an option and run with it. You spend excessive time going over the options without coming to a conclusion.

10. Saying ‘Yes’ to everything.
It is great to be able to help others but if you are always helping others, you are rarely working on the tasks which are important to you. Constantly saying ‘Yes’ will leave you with an excessive workload. One of the quickest ways to improve your time management is to be assertive and learn to say ‘No’.

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3 years ago
The popularity of social media sometimes leads to a new stage in the hierarchy of effects known as ________ where loyal consumer
Mkey [24]

The popularity of social media sometimes leads to a new stage in the hierarchy of effects known as advocacy where loyal consumers recommend brands they have adopted.

the question is incomplete .please read below to find the missing content

The popularity of social media sometimes leads to a new stage in the hierarchy of effects known as ________ where loyal consumers recommend brands they have adopted.

Multiple Choice

evaluation

advocacy

preference

interest

repurchase

Advocacy is the activity of individuals or groups aimed at influencing decisions within political, economic, and social institutions. Advocacy Her group, for example, is a non-profit organization dedicated to helping women who have been victims of domestic violence and are afraid to speak up for themselves.

Advocacy includes promoting the interests or causes of someone or a group of people. An advocate is someone who advocates, endorses, or supports a cause or policy. Advocacy is also about helping people find their voice. There are three types of advocacy: self-advocacy, individual advocacy, and system advocacy.

Learn more about advocacy here

brainly.com/question/1086036

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4 0
2 years ago
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