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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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The statement that does not refer to the reason that aids in project crashing is

(D) there are no critical activities that can be crashed further.

Explanation:

Project crashing basically refers to the method by which the duration of the project is reduced  .This can be done by

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In Crashing,<u> the time is inversely related to the cost of the project</u>.It means that if the time of the project increase then the project cost is reduced and if the time o/duration of the project decrease then the cost involved in the project increases

6 0
4 years ago
The marketing and administrative expense budget of Frazier Corporation is based on budgeted unit sales, which are 5,500 units fo
LenaWriter [7]

Answer: b. $106,700

Explanation:

The marketing and administrative expense budget is based on budgeted unit sales, which are 5,500 units for June.

The variable marketing and administrative expense is $1.00 per unit. Which is 5,500 units x $1.00 = $5,500.

The budgeted fixed marketing and administrative expense is $101,200.

To get the cash disbursements for marketing and administrative expenses on the June marketing and administrative expense budget should be Variable costs plus fixed costs.

= $5,500 + $101,200

= $106, 700

4 0
3 years ago
Many organizations find themselves in the position of being data rich and information poor. Even in today's electronic world, ma
mylen [45]

Answer: b

Explanation:

7 0
4 years ago
Using aggregate supply and demand curves drawn according to the Keynesian view, which of the following will occur if the Fed buy
rewona [7]

Answer:

a. Aggregate demand will shift to the left and unemployment rate will rise

Explanation:

Aggregate demand (AD) is the sum of consumer spending, government spending, investment, and net exports. The AD curve assumes that money supply is fixed. Increased money supply causes reduction in interest rates and further spending and therefore an increase in AD.  <u>On the other hand, decreased money supply causes increase in interest rates and therefore a decrease in Aggregate Demand</u>

<u>Since the FED is buying Bonds it is reducing money supply and hence aggregate demand will fall causing the curve to shift to the left.</u>

Secondly inflation and unemployment has an inverse relationship. More money in the economy is inflation and unemployment level will be low because there will be an increase in wages <u>BUT when the FED reduces money supply by buying bonds, as a means of countering inflation, then unemployment will rise.</u>

6 0
3 years ago
What is productivity? quantity of input per unit of output quantity of output per unit of input quality of output per unit of in
slava [35]
Productivity is a Quantitative term which can easily be defined as "<span>measured in terms of the rate of output per unit of input"
</span><span>
In short, Your Answer would be Option B

Hope this helps!</span>
7 0
4 years ago
Read 2 more answers
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