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algol [13]
3 years ago
9

Which of the following is an example of an in-group/out-group dynamic: Select one: a. Organizations across a college campus come

together at a yearly fundraiser to raise money for the local Breast Cancer Awareness chapter. b. Members of sorority Delta Delta Delta advise their pledges not to socialize with members of pledges of rival sorority Sigma Delta Theta. c. Chorus members of the campus’s production of Hairspray practice in Theatre building’s first floor, while the cast of God of Carnage practices on the second floor. d. The Chemistry Club advertises their organization at the local science fair.
Business
1 answer:
Finger [1]3 years ago
5 0

Answer:

b. Members of sorority Delta Delta Delta advise their pledges not to socialize with members of pledges of rival sorority Sigma Delta Theta.

Explanation:

This is an example of the in-group/out-group dynamic, as it represents group members who strongly feel (both psychologically and sociologically) like a part of the group. Since the Delta Delta Delta members are strongly cohesive in a positive manner (in-group dynamic) they are ready to act together in a way that showcases the out-group dynamic (not socializing with Sigma Delta Theta members).

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Most economists believe that prices are:
BaLLatris [955]

Answer: Most economist believe that prices are flexible in the long run but many are sticky in the short run.

Explanation:

Prices are sticky in the short run because producers and buyers take time to adapt to new situations. If there is a shortage of butter, lets say, the economic theory says that the prices will rise because there is less butter ( ceteris paribus = all the other factors remain constant). Actually, buyers and suppliers need time to adapt to the new situation. However, in the long run buyers and suppliers have time to adapt to new situations so prices become more flexible.

8 0
3 years ago
Society cannot produce all that it wants what is this called
xxTIMURxx [149]
It would be called scarcity.
5 0
3 years ago
g A savings product requires you to invest the following amounts. 250 today, 450 in one year, 650 in two years, 850 in three yea
Kaylis [27]

Answer:

$3,520.65

Explanation:

The computation of the future value is shown below:

As we know that

Future value = Present value × (1 + interest rate)^number of years

= $250 × (1 + 0.0275)^5 + $450 × (1 + 0.0275)^4 + $650 × (1 + 0.0275)^3 + $850 × (1 + 0.0275)^2 + $1,100 × (1 + 0.0275)^1

= $286.32 + $501.58 + $705.11 + $897.39 + $1,130.25

= $3,520.65

We do the reversing time period and according to that the calculation can come.

3 0
3 years ago
Assume that M is $200 billion and V is 6. If V increases by 15 percent, then, according to the monetarist equation, nominal GDP
velikii [3]

Answer:

Value of nominal GDP ; PY = $ 1380 ans.

Explanation:

Monetarism is an economic school of thought that stresses the primary importance of the money supply in determining nominal GDP and the price level. The "Founding Father" of Monetarism is economist Milton Friedman. He said that Inflation is always and everywhere a monetary phenomenon.

We begin with the equation of exchange. This is the building block for monetarist theory. It says that

M × V = P × Y

where M is the quantity of M1

V is velocity of M1, or the average number of times that the dollar turns over in a given year on the purchase of final goods and services

P is the price level, and Y is real output.

Now changes in M V will change the nominal GDP ; P Y

Initially, we have M V as 200 ( 6) =$1200

Now , we have M = $200 and V = 6 + 15% ( 6 )

V = 6 + 0.9 ; V = 6.9

MV = PY

MV = 200 ( 6.9 ) ; MV = $1380

Hence, value of nominal GDP ; PY = $ 1380 ans.

4 0
3 years ago
A company reports the following: Cost of goods sold $660,000 Average inventory 60,000 Determine (a) the inventory turnover and (
maria [59]

Answer:

(a) Inventory turnover = $11

(b) Total number of days = 33.2 days

Explanation:

We have given cost of goods sold (COGS) = $660000

Average inventory = 60000

(a) We have to find inventory turnover

Inventory turnover is given by

inventory\ turn\ over=\frac{COGS}{average\ inventory}=\frac{660000}{60000}=11$

(b) Number of days sales in inventory = =\frac{365}{inventory\ turnover}=\frac{365}{11}=33.2days

4 0
3 years ago
Read 2 more answers
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