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
PSYCHO15rus [73]
3 years ago
7

Jerod has saved plenty of money and has a lucrative business that he enjoys. he likes to volunteer his time in the community and

enjoys the company of others—but still saves time to be alone. one of his favorite things to do in the evening is to sit outside and watch the sunset. carl rogers might suggest that jerod is ________.
Business
1 answer:
REY [17]3 years ago
6 0
<span>The psychologist Carl Rogers introduces the self concept. He might suggest that Jerod is </span><span>self-actualizing.
Self-actualizing refers to the process of reaching one's own full intellectual and emotional potential.</span>

You might be interested in
Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that hi
tangare [24]

Answer:

The correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

Explanation:

Note: This question is not complete because some important figures and points are missing in it. These figures and points are therefore provided to complete the question before answering it as follows:

Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is $100 and his marginal benefit from an additional slice of pizza is $110. If the price of a soft drink is $2 and the price of a slice of pizza is $3, is Charley maximizing his total benefits?

A. No, he should increase his consumption of both goods.

B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

C. Yes, there is no other consumption choice that will make his total benefits greater.

D. No, he should shift consumption toward pizza and away from soft drinks to maximize total benefits.'

The explanation of the answer is now provided as follows:

Under utility maximization theory, the condition for the utility or benefit maximization for two goods is as follows:

MBs / Ps = MBp / Pp ……………………………. (1)

Where:

MBs = Marginal benefit from an additional soft drink = $100

MBp = Marginal benefit from an additional slice of pizza =$110

Ps = Price of a soft drink = $2

Pp = Price of a slice of pizza = $3

Subtitling the relevant values, we have:

MBs / Ps = Marginal utility per dollar spent on soft drinks = $100 / $2 = 50

MBp / Pp = Marginal utility per dollar spent on soft pizza = $110 / $3 = 36.67

This implies that 50 = MBs / Ps > MBp / Pp = 36.67

The decision rule is that the limited money income should be spent by a consumer on the good which gives the higher marginal utility per dollar in order to maximize marginal benefit.

Since 50 = MBs / Ps > MBp / Pp = 36.67 above, this implies that Charley is NOT maximizing his total benefits. To maximize his total benefits, Charley should consume more of soft drinks and less of pizza until the condition is consistent with equation (1).

Therefore, the correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

7 0
3 years ago
Alex wilson and james lawrence are discussing the high price of crude oil in the global market.​ alex, a sociology professor who
algol [13]

Answer:

Developing countries are using less oil because of substantial investments in renewable energy.

Explanation:

Solution

From the given question, the statement that would weaken James argument is that, countries that are developing are using fewer oil because of substantial investments in renewable energy.

This shows that the demand is actually higher no matter if its in growing or developing  country or a developed country and since his statement says that prices depend upon the demand, it actually supports it whereas the statement B is the only statement which is totally contradicting James statement as it doesn't talk about demand in developed country and also says that developing ones are demanding little of it.

Complete question : Alex Wilson and James Lawrence are discussing the high price of crude oil in the global market. Alex, a sociology professor who follows the financial markets closely, claims that the volume of trade in oil futures has increased indicating that speculators are responsible for the high oil prices. James, who works at an investment bank, thinks that the increase in oil prices is demand-driven. According to him, the higher price of oil reflects growing demand from developing countries.  

Which of the following, if true, would weaken James' argument?

A. A private oil drilling firm has recently discovered vast oil deposits off the coast of a remote island country.

B. Developing countries are using less oil because of substantial investments in renewable energy.

C. Per capital consumption of oil was higher in the developed countries than in the developing countries during the last year.

D. An increase in oil prices tends to accelerate inflation in growing economies.

E. Following a large oil spill, some countries have introduced new regulations for offshore oil drilling.  

4 0
3 years ago
What is the space between the buyer’s reservation price and the seller’s reservation price called?
dimulka [17.4K]

The space between the buyer’s reservation price and the seller’s reservation price is  called the Total surplus.

What is reservation price for buyer?

A reserve price or reservation price is a word frequently used in auctions and refers to the lowest amount a seller will accept as a successful bid. An alternate, less well-known definition is the highest price a customer will pay for a good or service.

What is producers reservation price?

The minimal price that buyers and sellers are ready to accept in order to buy or sell a good is known as the reservation price. It is the highest price a potential buyer or consumer is willing to pay for a good; for a seller or producer, it is the lowest price they are willing to accept.

Learn more about reservation price: brainly.com/question/13215058

#SPJ4

3 0
2 years ago
Discount-Mart issues $10 million in bonds on January 1, 2012. The bonds have a ten-year term and pay interest semiannually on Ju
jeyben [28]

Answer:

B. $600,000

Explanation:

The computation of the interest expense on the bond for the year 2012 is shown below:

= Interest expense as on 30 June 2012 + interest expense as on December 31 2012

= $300,000 + $300,000

= $600,000

For computing the interest expense for the year 2012, we added the interest expense of June 30 and for December 31 of 2012 only so that the correct amount could come

7 0
3 years ago
Mia Lane bought a high-definition television for $7,500. Based on her income, she could afford to pay back only $600 per month.
lina2011 [118]

Answer:

$ 7,012.50

Explanation:

Please see attachment

6 0
3 years ago
Other questions:
  • The first step in the prescribing process according to the world health organization is:
    9·1 answer
  • Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $180,000. However, the b
    12·1 answer
  • Ads sent via email must be designated as advertisements.<br> 1. True<br> 3. False
    10·1 answer
  • Which of the following represents a primary task and a dependent task?
    9·2 answers
  • 6. Twins Barbara and Mary are both age 27. Beginning at age 27, Barbara invests $2,000 per year for 10 years and then never sets
    11·1 answer
  • A pressurized spray painter was purchased on April 1 of the fiscal year for $3,900. It has a useful life of 4 years and a residu
    9·1 answer
  • What are three reasons to study economics?
    14·1 answer
  • How &amp; why has the suburbanization of business changed america?
    10·1 answer
  • Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent. $200
    9·1 answer
  • A publisher reports that 55% of their readers own a particular make of car. a marketing executive wants to test the claim that t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!