All categories

3 years ago

WHAT IS A Parliamentary System ABOUT

Business

1 answer:

Zarrin [17]3 years ago

4 0

Answer:

A parliamentary system or parliamentary democracy is a system of democratic governance of a state (or subordinate entity) where the executive derives its democratic legitimacy from its ability to command the support ("confidence") of the legislature, typically a parliament, to which it is accountable.

Explanation:

I took the test

You might be interested in

A technical analyst has been charting the price movements of ABC stock. The stock has been fluctuating in price between $63 and

bogdanovich [222]

Answer:

The trader should orders to buy ABC stock or take a long position to the stock.

Explanation:

The stock has been fluctuating for 3 months, hence, its value should be well analysed. Now if there is a breakout through the support level, usually with a good quarterly performance report, the stock is likely to go "bull". Buying and holding the stock is a rational decision.

6 0

4 years ago

The model of diminishing marginal utility is parabolic in nature, so it has a ______ value?

Ann [662]

It is minium because it is going down

5 0

4 years ago

You can insure a $42,000 diamond for its total value by paying a premium of D dollars. If the probability of loss in a given yea

ella [17]

Answer:

$E(X) =\sum_{i=1}^n X_i P(X_i)$

Replacing the values that we have:

$1 = 0.98*a + 0.02(a-42) = 0.98a +0.02a -0.84$

And solving for a we got:

$1.84 = a$

So then the premium value for the insurance on this case should be 1840 dollars.

Explanation:

For this case we can define the random variable X as the gain ( in thousand of dollars) of insurance company

We assume that the premium clase charge and amount of a to the company and we know from the info given that:

$p(X=a) = 1-0.02 = 0.98$

$p(X = a-42) = 0.02$

$E(X) = 1$ represent the expected gain in thousand of dollars

The expected value of a random variable X is the n-th moment about zero of a probability density function f(x) if X is continuous, or the weighted average for a discrete probability distribution, if X is discrete.

And using the definition for a discrete random variable we know that :

$E(X) =\sum_{i=1}^n X_i P(X_i)$

Replacing the values that we have:

$1 = 0.98*a + 0.02(a-42) = 0.98a +0.02a -0.84$

And solving for a we got:

$1.84 = a$

So then the premium value for the insurance on this case should be 1840 dollars.

5 0

4 years ago

At a price of $100, Beachside Canoe Rentals rented 11 canoes. When it increased its rental price to $125, 9 canoes were rented.

Dahasolnce [82]

Answer:

The correct answer is option is B.

Explanation:

The price elasticity of demand shows the change in quantity demanded due to change in price level.

The initial price is $100.

The quantity demanded initially is 11.

The price is increased to $125.

The quantity demanded falls to 9.

The price elasticity through midpoint method will be 0.90., as shown in the attached figure.

8 0

3 years ago

Warp Manufacturing Corporation uses a standard cost system to collect costs related to the production of its ski lift chairs. Wa

Flura [38]

Answer:

A. $37,400 unfavorable

Explanation:

With regards to the above, variable overhead spending variance is computed as

= (Actual hours × Actual rate) - (Actual hours × standard rate)

= $649,400 - ( 34,000 × $18)

= $649,400 - $612,000

= $37,400 unfavorable

Therefore, Warp's variable overhead spending variance for the month of September is $37,400 unfavorable

7 0

3 years ago