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kodGreya [7K]
3 years ago
7

“In fact, production theory is much simpler than consumption theory because the output of a production process is generally obse

rvable, whereas the “output” of consumption (utility) is not directly observable”. Explain this statement.
Business
1 answer:
laila [671]3 years ago
6 0

Answer:

The given statement 'In fact,...observable' conveys the idea that <u>it is comparatively convenient and simple to calculate the amount or quantity of goods that are being produced within a firm, territory, or country to determine the economic worth directly</u>. On the other hand, estimating the amount or quantity of goods consumed by the people across a region or country is difficult and can not be observed directly. However, the latter is given more significance and determined more usually through calculating the expenditure made by the consumers depending on their choices and within their income constraints and these are the primary factors that affect the economic growth or development while the production theory lays emphasis on the maximization of profit.

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a client who has cancer and is receiving TPN. Which of the following lab indicate the treatment is effective_____________.
lubasha [3.4K]

Answer:

A client who has cancer and is receiving TPN. The following lab findings indicate the treatment is effective:

  • Prealbumin 30 mg/dL

Explanation:

  • TPN stands for total parental nutrition. It is a method of giving nutrition to a person in which nutrients are given to the vein in order to bypass the gastrointestinal tract because that person is unable to take food through mouth.
  • The prealbumin blood test is used to check that a person is getting required amount of nutrients and the normal test indicates that prealbumin is 30 mg/dL so that's why the lab finding indicates that the treatment is effective.

5 0
3 years ago
Companies that practice marketing by ________ create offerings and messages that engage consumers rather than interrupt them. Gr
KiRa [710]

Answer: Attraction

Explanation:

Companies that engage in marketing by attraction, carryout marketing of a product in such a way that the product they are trying to sell attracts the attention of the consumers. In marketing by attraction the marketers tries to draw the consumer to the product by engaging them, which is achieved by gaining the consumers attention.

7 0
3 years ago
Which of the following factors has the LEAST influence on an individual’s core belief system? a. Physical appearance c. Religiou
loris [4]

Answer:

a. Physical appearance

Explanation:

The Physical appearance of a person is as a result of the genetic make up of the individual. This factor barely has an influence on an individual’s core belief system.

Religious background is a key element of individual’s core belief system as it forms the basis of one's belief about God, life, fate and destiny.

Family upbringing forms the basis of one's belief as the individual grows. The influence of the members of a family forms a part of the individual's core belief.

Life experiences as well forms a key part of our belief system and the same goes for personality.

3 0
3 years ago
Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%
Sindrei [870]

Answer:

She lost $754.05.

Explanation:

Giving the following information:

Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%.

<u>The rise in her salary allows her to increase her purchasing power. On the contrary, inflation decreases purchasing power. We need to calculate the differences between both effects and determine whether she can buy more or less.</u>

<u></u>

Increase in salary= 52,000*1.025= $53,300

Inflation effect= 52,000/(1-0.038)= $54,054.05

To maintain her purchasing power, now, she needs to earn $54,054.05.

She lost $754.05.

6 0
3 years ago
How much is one euro in american dollars?
djverab [1.8K]
A euro equals $1.08 in American dollars.
4 0
3 years ago
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