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3 years ago

Affluenza" is a condition where: select one:

1 answer:

Taya2010 [7]3 years ago

8 0

Option A. Greater consumption leads to unhappiness. Affluenza as a term was used as far back as the 50s by critics of consumerism to describe a painful, contagious, socially transmitted condition of overload, debt, anxiety, and waste resulting from the dogged pursuit of more. This pursuit leads to more and more unhappiness. In their book "When Too Much is Never Enough" Clive Hamilton and Richard Denniss pose the question: "If the economy has been doing so well, why are we not becoming happier? They argue that affluenza causes overconsumption because there's excess or surplus for rich consumers.

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Suppose that, in an attempt to raise more revenue, Anywhere State University increases its tuition. Will this necessarily result

Akimi4 [234]

Answer:

1. That will not necessarily result in more revenue because it depends on the price elasticity of demand for the schools tuition fees

Explanation:

Suppose that, in an attempt to raise more revenue, Anywhere State University increases its tuition.

1. That will not necessarily result in more revenue because it depends on the price elasticity of demand for the schools tuition fees

2. Under the conditions that price is in-elastic, revenue will rise,

Under the conditions that price is elastic, revenue will fall,

Depending on the mix of reaction, if there is a 50% elasticity and 50% in-elasticity, revenue may remain the same.

3. Explain this process, focusing on the relationship between the increased revenue from students enrolling at ASU despite the higher tuition

This would mean that schooling at ASU has an inelastic demand as earlier stated.

4. Explain the process of lost revenue from possible lower enrollment.

This would mean that schooling at ASU has an elastic demand as earlier stated.

5. If the true price elasticity were -1.1, what would you suggest the university do to expand revenue?

Above unitary elasticity implies that the demand for the school is very elastic i.e. revenue will fall with increase in tuition fees

6. If I were the president of ASU, I would tackle this problem based on what I have learned about price elasticity by reducing tuition fees a little to increase revenue much more since the price elasticity is above 1.

6 0

3 years ago

vova2212 [387]

Answer:

I. The three (3) main functions of money in an economy are;

a. Medium of exchange.

b. Unit of account.

c. Store of value.

II. Liquidity is a characteristic of money.

Explanation:

In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.

Simply stated, money refers to any asset which can be used to purchase goods and services by customers.

This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.

I. The three (3) main functions of money all over the world are;

a. Medium of exchange.

b. Unit of account.

c. Store of value.

II. The rate at which an asset can be used to purchase any goods or services refers to its liquidity. Thus, liquidity is a quality or characteristics of money as a medium of exchange.

In conclusion, money is a generally accepted medium of exchange around the world and money being a store of value makes it possible to transfer purchasing power between traders and buyers from the present to the future.

4 0

3 years ago

If javier earns 13.50 per hour and works for 80 hours, what is his gtoss pay

zavuch27 [327]

You multiply 13.50 and 80. Which is 1080$. I wish i got paid that much with that much hours lma.o

8 0

2 years ago

A business organized as a separate legal entity from its owners is a: Proprietor Partnership Government unit Corporation

Evgen [1.6K]

Answer:

Corporation.

Explanation:

A business organized as a separate legal entity from its owners is a corporation.

A limited liability company (LLC) can be a corporation and basically it refers to a private company in which the owners are legally responsible for the company's debts but only to the amount of capital he or she has invested. The LLC can be referred to as a hybrid business entity that combines the limited liability-shield of a corporation with the pass-through taxation of a sole-proprietorship or partnership business.

In the United States of America, the owner of a LLC is not legally liable for the company's liability or debts.

Additionally, it is very important that in the decision-making process, an organization consults a variety of its key or essential staffs such as managers, directors, stakeholders and executives. Furthermore, when the decision making process has been completed and a position taken, it is necessary that the organization communicates in clear and concise terms the details or parameters which influenced the choice to its audience such as investors, customers, employees etc.

3 0

2 years ago

The total dollar value of consumption, investment, government spending, exports, and imports is provided in the table above. Wha

Ierofanga [76]

The GDP of this fictional country is $ 8,000,000 (option C)

Gross domestic product (GDP) is a term to refer to a macroeconomic magnitude that expresses the monetary value of the production of goods and services in final demand of a country or region during a period, usually one year.

There are several ways to know the GDP of a country, the simplest is a mathematical operation that includes the following data:

The consumption of households and non-profit institutions.
The investment of companies and families.
The final consumption expenditure of the public sector.
The value of net exports.
The value of imports.

The operation states that we must add the first four indicators and subtract the last one. According to the information provided in the fragment, the operation would be:

5 + 2 + 2 + 1 - 2 = 8

According to the above, the GDP of this fictitious country is $ 8,000,000 (option C)

Learn more about GDP in: brainly.com/question/14034620

6 0

2 years ago