When an individual weighs her options and makes a choice that maximizes her benefit at the minimum cost, economists refer to this as a process of... rational decision making. You just studied 8 terms!
Answer:
E. involves unexpected attacks (usually by a small-to-medium size competitor) to grab sales and market share from complacent or distracted rivals.
Explanation:
Guerrilla warfare occurs when a smaller, less powerful army, attacks in unexpected ways a much larger, more powerful, better-equipped army, only to run and go into hiding immediately afterwards.
This translates to the market enviroment when a small, or medium-sized firms, makes small hits to a much larger company, only to assume a more conservative position immediately after.
The goal is slowly weaken the larger firm, because the smaller firm knows that it cannot directly engage against the larger firm.
Answer: The correct answer is choice b.
Explanation: If the Fed’s goal is to increase the money supply as part of an antirecession strategy they will decrease the interest rate that is paid on excess reserves. Decreasing the Fed’s rate will encourage the bank to extend more loans to the public, increasing the money supply in the economy.
Where is the following examples?
There is no picture attached or no question written.
Please fix the questions so it can be answered properly.
Hope that helped
Answer: hello your question is incomplete attached below is the complete question
answer ; Government revenue from tax = $750,000 per month
Explanation:
Attached below is the required graph
Government revenue from tax ( per month )
= ( 450 - 30 ) ( 50 - 0 )
= $750,000 per month
