1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hammer [34]
3 years ago
9

Write a three- to five-sentence paragraph that defines economics. Based on your definition, explain why it is difficult to consi

der economics an exact science. You may want to consider how economists approach economics to help you explain your answer.
Business
1 answer:
erastovalidia [21]3 years ago
8 0

Answer: See explanation

Explanation:

Economics is referred to as a social science that is concerned with how goods are produced, how they're distributed and how they're consumed. Economics is the social science that studies why human beings behave the way that they do.

It is difficult to consider Economics as a science because it lacks a hypotheses that's testable. Also, there is lack of consensus and the scientific method is not followed in Economics.

You might be interested in
nkedIn targets a specific demographic: working professionals. They tend to be older and better educated. Why might advertisers b
eimsori [14]

Answer: Recognition from the class of persons that patronize their product

Explanation:

Linkedln is a site that attracts professionals from different field of study who network amongst themselves, educate each other, share information and jobs for the benefit of others in the same field.

Advertisers might be interested in this group because their target audience are mostly found there. A large mass of individuals use social media now and when many of these professionals want information or persons who can take up roles in openings in their firms they come to linkedln

4 0
3 years ago
ou own a portfolio that has $2,700 invested in Stock A and $3,800 invested in Stock B. Assume the expected returns on these stoc
Butoxors [25]

Answer:

the  expected return on the portfolio is 15.50%

Explanation:

The computation of the expected return on the portfolio is shown below:

Total investment is

= $2,700 + $3,800

= $6,500

Now  

Expected return of portfolio is

= ($2,700 ÷ $6,500) × 12 + ($3,800 ÷ $6,500) × 18

= 4.98% + 10.52%

= 15.50%

Hence, the  expected return on the portfolio is 15.50%

5 0
3 years ago
Ming is a manager for a large foodservice company. She has the authority to determine whether or not the company should expand i
Alik [6]

Answer:

Strategic

Explanation:

If Ming is a manager for a large company and has the authority to determine whether or not the company should expand into new regions and/or expand the company's product line, Then the level of management that Ming represents is Strategic Management

Strategic management involves setting objectives, <u>analyzing the competitive environment</u>, analyzing the internal organization, evaluating strategies, and ensuring that management rolls out the strategies across the organization.

Business expansion decisions are taken by the highest level of management based on their analysis of the competitive environment

8 0
4 years ago
If you borrow money from a bank, you are the ____________. A. Creditor B. Lender C. Debtor D. Investor
wolverine [178]
<span>If you borrow money from a bank, you are the ____________.  </span>
<span>C</span>
5 0
3 years ago
Read 2 more answers
A local ice-cream parlor has 100 customers in the "rush" hour between 5PM and 6PM (assume that the customers arrive according to
WITCHER [35]

Answer: 36 seconds.

Explanation:

Based on the information given in the question, the Taktzeit for the ice-cream scoopers will be calculated thus:

First and foremost, Taktzeit refers to the time taken between the beginning of production for one unit and the beginning of the next unit.

From the information given, the available Time is 1 hour which can be converted to secunds and this will be:

1 hour = 3600 seconds

Hourly Demand = 100

Then, the takzeit will be:

= 3600/100

= 36 seconds

5 0
3 years ago
Other questions:
  • Many institutional investors are aggressive in protecting and enhancing their investments. They are shifting from _________ to o
    12·1 answer
  • The quantity demanded of good A rises as income rises. It follows that income elasticity of demand is __________than 0, and good
    11·1 answer
  • After the instructor has agreed to grant an Incomplete Grade, the student will have the whole academic year to complete the miss
    14·1 answer
  • A. she was born on august? 4, 1950, and lived at 37 gesner street until she was sixteen.
    11·1 answer
  • Roman Knoze is considering two investments. Each will cost $20,000 initially. Project 1 will return annual cash flows of $10,000
    7·1 answer
  • There are 72,922 seats in Lambeau Field where the Green Bay Packers play football. The Packers have sold out their season ticket
    11·1 answer
  • Which is true of an intrapreneur?
    15·1 answer
  • Define direct advertising​
    10·1 answer
  • Technological innovation can support a ________ strategy, in which an advantage comes from having a unique good or service for w
    7·1 answer
  • Katherine is developing a forecast for her company's next year's sales of an organic fertilizer to retail gardening nurseries. s
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!