Answer:
Logic's Relationship to Critical Thinking
Using logic, a person evaluates arguments and strives to distinguish between good and bad reasoning, or between truth and falsehood. Using logic, you can evaluate ideas or claims people make, make good decisions, and form sound beliefs about the world.
E) the long-run equilibrium assumes that desired and actual migration are equal.
Answer: True
Explanation:
There exists a problem known as the Agency Problem between managers and the shareholders of a company. The manager is the agent and the shareholders are the owners. Sometimes, it has been shown that the agent might act in their best interests as opposed to be best interests of the owners of the business.
To solve this, the manager should be made an owner as well and one way to do so is to give them stock options. This way, they will be motivated to work hard for the owners because they will benefit as well.
Answer: The correct answer is D. An announcement by the FDA that oranges prevent heart disease
Explanation: There are a number of factors (determinants) which directly affects the level of demand for any given commodity. That is, such factors can make demand to change completely, either positively or negatively. One of such factors is the consumers’ preference or taste.
If the consumers begin to develop a preference for a particular commodity for any reason, then the demand for that commodity will go up. Like stated in the question, if there is an announcement by the government agency that oranges prevent heart disease, consumers would be more interested in eating oranges more than before. Even individuals and households that previously didn’t particularly like oranges would now be looking for them in grocery stores. The reason for this is quite simple; heart disease is a major health concern worldwide and many have died from this condition due to poor medical care. So, identifying oranges as a preventive measure would be a most welcome idea in view of the fact that it costs very little to buy oranges as a preventive measure against a killer disease and that is sure to induce consumers to develop a preference for oranges.
Risk transferring refers to taking risk or risk that may occur from one party and moving it to another. If there was a chance risk may occur, conducing a 'what if' analysis will allow the organization to see what may happen if they do or do not transfer risk to another party.