Answer: d) think at the margin.
Explanation:
A rational person is defined as some who makes decision with the intelligent thinking rather being emotional .This result usually results in sensible outcomes.
According to the Ten principles of Economics,it is supposed that a rational person tends to think intelligently and would prefer to make minute changes in the resources while taking decision so that optimal rate can be maintained and additional action can be further thought.
Other option are incorrect because purchasing items from smaller organization, sunk rate and average cost product equalizing with the price is not the decision ability of a rational person
Answer:
b.if 100 units can be produced for $100, then 150 can be produced for $150, 200 for $200, and so forth.
Explanation:
Constant-cost means the cost of producing one unit of product does not change no matter how many products each firm in the industry decide to produce.
If the cost of production is $100 for 100 units, $150 for 150 units, $200 for 200 units and so forth, it means the unit production cost is a constant $1 regardless of the quantity to be produced.
Answer:
A. increase in the ledger cash account balance (book balance)
Explanation:
The bank collected $1500 from the customer on behalf of the company. The amount was posted to the customer's account, increasing the company's bank balance by $1500. When the bank generates the customer's statement, the collected amount will reflect in the customer statement increasing it by $1500.
To reconcile the customer bank statements, and the customer's ledger, the amount of $1500 will have to be added to the customer's cash balance.
Answer:
The correct answer is A) when interest rates rise, the expected return on money falls relative to the expected return on bonds, causing the demand for money to fall.
Explanation:
Keynesian models are used to identify the level of equilibrium and analyze disruptions in the markets for goods and services, that is, to study production levels as well as aggregate income.
At present, the Keynesian models and the classical model are used as the basis for the complete models, since it has been noted that, even when those models present specifically Keynesian aspects (tales such as imperfect competition), they respond better to classical stimuli, Which has led to the production of a series of "standard models". In addition, he has had a recurrence in the use of the Keynesian model, in a new interpretation, introduced by Gregory Mankiw.
