Answer: "The rise in the price of a pair of running shoes will increase the supply of running shoes".
This statement is <u><em> false</em></u> because <em><u>a decrease in demand for running shoes does not increase the price of a pair of running shoes and an increase in the price of a pair of running shoes does not increase the supply of running shoes. </u></em>
This occurs as the price of a pair of running shoes increases,therefore decreasing the demand and thus the supply will not increase.
An example is clothes. A younger teenager might want to show more skin and want all the cool new styles but older people generally just want to wear comfortable durable clothes. I hope that helps
Answer:
The division's Return on Investment (ROI) is 180%
Explanation:
The computation of the return on investment is shown below:
= (Operating income) ÷ (total assets) × 100
= ($1,800,000) ÷ ($1,000,000) × 100
= 180%
The return on investment shows a relationship between the operating income and the total assets / investment.
The other information which is given in the question is not consider in the computation part. Hence, ignored it
Answer:
4. Amend the articles of incorporation.
Explanation:
The articles of incorporation is the document of incorporation prepared by the promoters a corporation which provide general information about the corporation submitted to their home state to get the entity incorporated.
The Board of Directors of a corporation has no power to amend the articles of incorporation but must followed some procedure before it can be amended. However, it needs the vote of majority of the directors before the proposal can be submitted to Secretary of State
Neoclassical economics focuses on providing more options while Behavioral economics focuses on helping people make better decisions with the options available.
A psychological approach to business, behavioral economics looks at how well people's expectations of utility and profit maximization match their actions and if they actually maximize predicted utility.
Contrarily, neoclassical economics views manufacturing costs as a key determinant of pricing a product. Thus, neoclassical economists contend that customers' primary determinant of choice is price.
Hence, the two have different beliefs about giving people options. While behavioral economics focuses on assisting people in making better decisions with the options at hand, neoclassical economics places greater emphasis on offering more options.
Want to know how would keynesian and neoclassical economics propose dealing with cyclical unemployment? Read here: brainly.com/question/28213854
#SPJ4
