Answer:
None of these is correct
Explanation:
None of these is correct. The correct answer is that; it should be minimax
Answer:
c. adjust in a natural way to bring the markets for goods and labor intoequilibrium
Explanation:
A classical economy operates under the logic of the competitive market in which the interaction between supply and demand determines price and quantity traded. Consumers are rational and their consumption choices will depend on their needs and price. The firm, in turn, will choose to produce when the price is attractive. Thus, price acts as a vector of supply and demand adjustments. In situations of increased demand, price and supply will increase. In situations of low demand, the price decreases and the supply also, until a equilibrium. The same reasoning goes for the job market. The wage will be the adjustment price between supply and demand for work.
Withdrawing money from an ATM is a good example of how a transaction processing works.
<h3>What is money?</h3>
It should be noted that money simply means a medium of exchange or a means of payment that can be used to carry out a particular transaction.
In this case, withdrawing money from an ATM is a good example of how a transaction processing works.
Learn more about money on:
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Answer:
Palming off requires proof of the likelihood of confusion,hence B is the correct option.
Explanation:
Palming off is misrepresenting someone else's product as one's.This is an offence that one can be sued for in business law.
For such cases to be acceptable to courts of appropriate jurisdiction,the claimant must proof beyond reasonable that, for instance the defendant's product can be mistaken for his.
For example. a milk product branded as Nikki can be mistaken for another known as Nikke.
Answer:
A. higher; C-CP
Explanation:
As the exercise says, John wants students to see that food and energy prices have risen more rapidly than other market items used in the Consumer Price Index (CPI) calculation. He wants students to see the increase in the core inflation, because food and energy are the main expenses of people. But for CPI calculation there are other items to consider. So the core inflation will be higher than the CPI (inflation, considering all items), as food and energy prices increased more than the other products considered in the CPI.
The second part of the excersise says that there might be substitution, that is people consuming less expensive goods or services, which will lead to a change in the measuring of the C-CPI as the prices to consider will be lower, so C-CPI will be less
