<h2>Modeling is the behavior used by Hiram</h2>
Explanation:
Modeling behavior:
It is also called "Observational learning".
Modeling behavior, imitates the action of another person by observing the person.
Real-life example:
Take an example of infants and child. They learn initially by observing their parents, siblings. When they slowly start moving out of home, they learn from surroundings and so on. Even the elderly learns new language by observing and imitating only.
Conclusion for the situation:
According to the given situation Hiram is actually observing his brother's behavior and imitating the same.
Answer:
The Marginal Rate of Substitution looks at the balance in changes of good 1 and good 2 required for the consumer to be indifferent between his/her consumption bundles before and after trade. But what does indifference mean? It means that utility for both bundles is exactly equal. Therefore, ΔU=0
There is some (negative) change in utility resulting from giving up a little bit of good 2, and as we saw in the previous section, this change equals MU₂Δx₂, Similarly, there is some (positive) change in utility from getting a little more of good 1, MU₁Δx₁ which equals Since we want to be indifferent before and after the trade, it must be that the sum of these changes equals zero. That is, U=MU₁Δx₁ + MU₂Δx₂ = 0, now the MRS can be find from this equation of marginal utilities!
First, MU₁Δx₁ from both sides. Then, MU₂Δx₂= -MU₁Δx₁ Next, divide both sides by x₁ and MU₂. The result is Δх₁/Δх = - MU₁/ MU₂ The left hand side is just the MRS, and the right hand side is the negative ratio of marginal utilities. In the MRS section, we learned why the left hand side would automatically be negative.
Explanation:
The right hand side needs the negative sign because marginal utility is positive for goods, so the ratio of marginal utilities is always positive.
Answer:
The correct answer is letter "D": Is useful in comparing earnings performance for the same company over time.
Explanation:
Earnings Per Share or EPS is a measure of the income of one given company. EPS is determined by subtracting dividends from the company's profit and dividing the amount by the number of outstanding shares. Higher EPS are convenient for institutions since it implies the revenue is being higher which is likely to attract more investors.
Answer:
When you diversify your investments, you reduce the amount of risk you're exposed to in order to maximize your returns. Although there are certain risks you can't avoid, such as systemic risks, you can hedge against unsystematic risks like business or financial risks.
Answer:
28.06
Explanation:
The formula for calculating this is,
(Average Account Receivable / Net Sales Revenue) * 365
Hence the answer is calculated as:
(69050 / 898000) * 365 = 28.06.
Hope this helps.
Good Luck.
