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Gennadij [26K]
3 years ago
9

Why do you think presidents must take an oath?

Business
1 answer:
jenyasd209 [6]3 years ago
3 0

Answer:

(Most presidents have tacked on “so help me God” at the end of the oath, though the constitutional provision does not contain this divine appeal.) Other federal officials are required to take an oath as well, though Congress, not the constitution, specifies the words.

Explanation:

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If equilibrium is achieved in a competitive market the deadweight loss will equal the sum of consumer surplus and producer surpl
marysya [2.9K]

Answer:

there is no deadweight loss.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

Hence, if equilibrium is achieved in a competitive market then, there is no deadweight loss i.e a loss of economic efficiency due to a lack of balance in competing economical influences for goods or services.

4 0
3 years ago
Which of these people is part of the labor force?
MA_775_DIABLO [31]

The people that is part of the labor force is option D: an auto mechanic

The best example of frictional unemployment is option D: a company moving to another state, leaving its workforce without jobs

The ways that the economy is affected when the unemployment rate goes up are option B and C:

  • Sales tax rates go down.
  • Less money is spent on investments.

The most likely result of incomes not rising as quickly as inflation is option  B: The unemployment rate rises as more people look for jobs.

The way the standard of living in the United States generally changed over the past 100 years is option B: It has gotten much better.

<h3>What do the terms "labor force" and "work force" mean?</h3>

The labor force is the whole population that is actively seeking employment. It is measured in terms of the number of days and is independent of wage rates. The workforce is the total number of people who are really employed.

Short-term unemployment includes frictional unemployment. When someone actively seeks a job or a new career, they are said to be in a frictional state of unemployment. Unemployment that is only intermittent isn't always a terrible thing. In fact, since it's voluntary, frictional unemployment may be a sign of a strong economy.

Hence, the term "workforce" or "labor force" refers to the group of people who are either employed or unemployed and an auto mechanic is a  good example of it.

Learn more about labor force from

brainly.com/question/12167259
#SPJ1

7 0
1 year ago
James has been in his management position for many years and is comfortable there. Recently, the CEO has been applying pressure
Vinil7 [7]

1. The <u>most appropriate </u><u>response</u> from James would be to <em>show that he has learned a lot during Randal's stay.</em>

 

James should not remain in his comfort zone because it is not an advantageous option.  James must demonstrate that he is able and willing to become computer literate by a change of attitude.

 

2. The <u>most ineffective </u><u>response</u> from James would be for him to show anger at Randal. Instead of this, he should approach Randal with an open mind, <em>ready to learn.</em>

 

Thus, Randal may take James' job if James does not rethink his strategy and push his unit to embrace the technological advancement recommended by Randal.

Learn more: brainly.com/question/20851760

4 0
3 years ago
Whether people use automatic or controlled processing for reacting to a persuasive message is often a function of ________.
kogti [31]
B) their level of interest in it
7 0
3 years ago
Rush Corp. has outstanding accounts receivable totaling $500,000 as of December 31 and sales during the year of $250,000. There
Dominik [7]

Answer:

$20,000

Explanation:

Calculation for what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense

Using this formula

Balance in the allowance for doubtful accounts=

(Outstanding Accounts Receivable

* Percentage uncollectible)- Eebit balance of in the allowance for uncollectible accounts.

Let plug in the formula

Balance in the allowance for doubtful accounts=($500,000*8%)-$20,000

Balance in the allowance for doubtful accounts=$40,000-$20,000

Balance in the allowance for doubtful accounts=$20,000

Therefore the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense is $20,000

8 0
3 years ago
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