<u>Question 1</u>
The correct answer is: "FALSE".
The total revenue earned by a firm is computed using the formula:
R= price * quantity
According to the formula, if the term "price" increases, R would increase too. But an increase in price usually decreases the amount demanded by consumers of a certain product. Therefore, if quantity demanded drops in a higher proportion than the increase in price, the final total revenue would decrease. So the final effect depends on the size of the two variations.
<u>Question 2</u>
<u>The determinants of demand are the following:</u>
- Price: inversely related to the quantity demanded, as the larger the price the smaller the amount demanded of a product.
- Income of consumers: directly related. The larger the income earned by an economic agent, the larger the amount demanded of a normal good (there are exceptions, such as inferior goods, for which income and demand are inversely related).
- Prices of related goods of services. If two goods are substitutes, the increase on the price of one, decreases the amount demanded of that product but increases the amount demanded of the other product. It two goods are complements, the increase in the price of one good decreases the amount demanded of it, and the amount demanded of the other product too.
- Tastes or preferences of consumers. If a product is in line with the general preferences of consumers the amount demanded will be large.
- Market expectations. For example, if a price is expected to rise, consumers might prefer to buy now and therefore demand increases at the moment.
Answer:
The answer is: Depersonalization
Explanation:
Burnout is a syndrome, characterized by chronic unresolved work-related stress which leads to a state of physical, mental and emotional exhaustion.
Christina Maslach described this syndrome in terms of depersonalization, emotional exhaustion, reduced feelings of professional accomplishments.
Depersonalization is defined as psychological withdrawal and the development of the negative, cynical, and callous feelings towards others.
Answer:
11. A
12. C
Explanation:
11: As you can see in the chart, the more school you've attended, the higher the salary.
12: If you look at the genders, you notice that females get paid less when they do the same amount of work a male would do, unfortunately
You forgot the options, but I found them anyways, the correct answer is "John Wilson believes that words and actions based on the intellect are superior to those based on emotions".
John Wilson is depicted as an extremely intelligent man. The point of the excerpt is to make a sort of distinction between emotional and rational intelligence. He happens to have both attributes, but he clearly favors his intellectual gifts. At the same time, because of his religious background, he's a little bit conflicted with this and it makes him ashamed.
Hope this helps!
