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4vir4ik [10]
3 years ago
13

The fallacy of composition is:a. the erroneous view that an economic activity can sometimes exceed the sum of its components. b.

the idea that association need not imply causation. c. the view that the aggregation of economic activity will necessarily lead to an outcome that is different than the outcome generated by each individual in the group. d. the erroneous view that what is true for the individual will also be true for the group
Business
1 answer:
Mamont248 [21]3 years ago
7 0

Answer:

The correct answer is d.

Explanation:

The fallacy of composition consists in inferring that something particular is true, and that therefore it is also true about a whole, basing this only because it is true about one or more of its parts. For example, if we establish that a piece of metal can not break at high temperatures, therefore the machine of which it is part will not break at high temperatures.

Have a nice day!

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Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at the rate of 45 cents per mil
slavikrds [6]

Answer:

Break-even point in miles= 8,302 miles

Explanation:

Giving the following information:

Income per mile= $0.45

Fixed costs= $2,200

Unitary cost per mile= $0.185

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

Break-even point in miles= fixed costs/ contribution margin per mile

Break-even point in miles= 2,200 / (0.45 - 0.185)

Break-even point in miles= 8,302 miles

4 0
4 years ago
On July​ 7, University Bank lent​ $560,000 to Jazz Music Shop on a 60​ day, 7% note. What is the maturity value of the​ note? (U
mr Goodwill [35]

Answer: The maturity value of the note is $5,66,533.

We can arrive at the answer with the steps below:

The formula we use to calculate Maturity Value is:

Maturity Value = Principal * ( 1+ (Rate * Time))

In this question,

Principal = $560,000

Interest = 7% per year

Time period = 60 days.

Number of days in a year = 360 days (given in the question).

Substituting the value of the time period calculated above in the Maturity Value formula we have:

Maturity Value = $560,000 × (1+(0.07×60/360))

Maturity Value = $560,000 × (1+(0.07×1/6))

Maturity Value = $560,000 × 1.011666667

Maturity Value = $566533.3333

6 0
4 years ago
What affect the size of monthly mortgage payment
mel-nik [20]
<span>The size of your down payment, The length of your mortgage, The purchase price of your house</span>
3 0
4 years ago
Scheduling personnel is an example of an operations management:
Molodets [167]

Answer:

B. operational decision

Explanation:

Scheduling personnel is an example of an operations management:  operational decision

6 0
3 years ago
________ are the people involved in or affected by project activities and include the project sponsor, project team, support sta
igor_vitrenko [27]

STAKEHOLDERS are the people involved in or affected by project activities and include the project sponsor, project team, support staff, customers, users, suppliers, and even opponents of the project


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4 years ago
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