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musickatia [10]
3 years ago
11

When the Wright brothers designed their aircraft, they built a wind tunnel to model the aerodynamics of different wing designs.

Identify each of the factors below as endogenous or exogenous to the Wright brothers' model.
Business
1 answer:
kodGreya [7K]3 years ago
8 0

Answer:

Endogenous factors (variables that can be controlled when performing a model test):

  • aircraft speed
  • wing angle

The Wright brothers used the wind tunnel to improve the design of their aircraft's wings.

Exogenous factors (variables that cannot be controlled when performing a model test):

  • wind and rain
  • air pressure

No one can control the climate.

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Answer C

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Bakers are much ___________ likely to supply pastries to the market if property rights are not enforced. In the presence of mark
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a. A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream. - Externality

Externality, refers to the benefit s or costs that someone else incurs based on the economic decision of another person. In this case, this is a negative externality as the small town bears the cost of the production activities of the company.

b. A single public utilities company is responsible for supplying electricity for an entire state. As a result, the utilities company can set the price of electricity - Market power

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8 0
3 years ago
Bravo Industries intends to retire $950,000 in short-term debt using proceeds from the sale of 30,000 shares of common stock. Th
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the amount that should be excluded from the current liabilities is $750,000

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