Economics is best defined as the study of A. how the government runs the financial system. B. how people allocate limited resources to satisfy unlimited wants. C. financial markets and making money. D. how to budget personal income.

Answers

Answer 1
Answer:

Answer: How people allocate limited resources to satisfy unlimited wants.

Explanation:

Economics explains that man's needs are insatiable (this means it can't be completely met), and therefore an individual/entity has to make a scale of preference, to determine the most pressing needs to be met and forgo the others. Economics teaches Individuals on how to allocate resources to where they are most needed.


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1. What effect does a rise in the cost of machinery or raw materials have on the cost of a good? A rise in the cost of raw materials (but not machinery) raises the cost. The good becomes cheaper to produce. The good becomes more expensive to produce. It does not have any effect on the cost of the good. 2. What does new technology generally do to production? It lowers cost and decreases supply. It lowers cost and increases supply. It increases cost and decreases supply. It has very little effect on production. 3. Why does the United States regulate automobile manufacturing in so many ways? to protect the consumer from Japanese and European automobiles to keep the price of U.S. automobiles competitive with others to keep the manufacturers of U.S. automobiles from gaining too much of the market to offset the air pollution caused by automobiles 4. When any effort by government causes the supply of a good to rise, what happens to the supply curve for that good? It shifts to the left. It shifts to the right. It reverses direction. The supply curve is not affected. 5. How do future expectations about the price of a good affect the present supply? If the price is expected to increase, many producers will hold onto their supply. If the price is expected to decrease, many producers will hold onto their supply. If the price of a related good is expected to increase, only a few sellers will hold onto their supply until the increase occurs. If the price is expected to increase and then decrease, most sellers will hold onto their supply until the decrease has occurred. 6. If prices rise and income stays the same, what is the effect on demand? More is bought of some goods and less of others. Fewer goods are bought. More goods are bought. Demand stays the same. 7. How can the demand for one good be affected by increased demand for another one? When goods are bought together, increased demand for one will decrease demand for the other. If goods are used together, increased demand for one will increase demand for the other. If goods are substitutes for each other, increased demand for one will increase demand for the other. A drop in price for a good will increase demand for the good and its substitute. 8. How does the price range affect the elasticity of demand for a product? Demand for all goods is elastic if the price is low enough. Demand for a good can be elastic at a low price but inelastic at a high price. Demand for a good can be inelastic at a low price, but elastic at a high price. Price range has little or no effect on elasticity of demand for a good. 9. What is the principle of the law of supply? The lower the price, the larger the quantity produced. The higher the price, the larger the quantity produced. The higher the price, the smaller the quantity produced. The lower the price, the more manufacturers will produce the good. 10. How is the total cost of a factory or other production site determined? marginal cost plus fixed cost fixed cost plus variable cost marginal cost plus variable cost marginal cost plus output cost

Maria is going to take out a loan with a principal of $19,700. She has narrowed down her options to two banks. Bank M charges an interest rate of 7.1%, compounded monthly, and requires that the loan be paid off in five years. Bank N charges an interest rate of 7.8%, compounded monthly, and requires that the loan be paid off in four years. How would you recommend that Maria choose her loan?a.
Bank M offers a better loan in every regard, so Maria should choose it over Bank N’s.
b.
Maria should choose Bank M’s loan if she cares more about lower monthly payments, and she should choose Bank N’s loan if she cares more about the lowest lifetime cost.
c.
Maria should choose Bank N’s loan if she cares more about lower monthly payments, and she should choose Bank M’s loan if she cares more about the lowest lifetime cost.
d.
Bank N offers a better loan in every regard, so Maria should choose it over Bank M’s.

Answers

Answer:

B

Explanation:

To answer this question we have to make comparisons between the two proposals.

1) Bank M

19700

7.1% compounded monthly = 86 annualy

5 years Maturity

Performing calculations, the outcomes:

Monthly Payment $391.01

Time Required to Clear Debt 5.00 years

60 Payments total of $23,460.82

Total Interest $3,760.82

2) Bank N

19700

7.8%

4 years maturity.

Monthly Payment $479.09

48 Payments total of $22,996.19

Total Interest $3,296.19

Both proposals consider a Constant Amortization System, with constant monthly payments. Notice also that Bank N offer lower total interest despite a higher monthly payment, and Bank M offer higher interest yield and lower monthly payment.

.

Answer:

Answer is B I am 2000% sure.

Explanation:

David wants to become a fine artist. He sets a goal to complete his first oil painting within two weeks. He meets his goal, but he is unhappy with thequality of the painting. What is the BEST advice to give David?
O A. Learn to accept the quality of your painting the way it is.
OB.
O C.
D.
Set a new goal that will help you improve or refine your results.
Focus on getting a job rather than following a career path.
Go back to your self-assessment and choose a different career goal.

Answers

Set a new goal that Will help you imprime or refine resolts

Who are the founders of the file-sharing site Dailymotion?

Answers

Founders: Benjamin Bejbaum · Olivier Poitrey · Didier Rappaport

The provisions of Subpart D, of the HHS regulations, Additional Protections for Children Involved as Subjects in Research apply to:_________.

Answers

Answer:

All the research conducted on children as their subject under Health and Human Service regulation.

Explanation:

The subpart D, of the Health and Human service regulations (HHS), applies to all the research that involves children as its subject. This research includes the work of department employees except that each of their heads must adopt certain procedures that are considered appropriate from the administrative point of view. It sometimes also includes the research conducted by HHS outside the United States but under certain circumstances that fall appropriate for the research as well as the organization.

Answer:

All research involving children

Explanation:

The provisions of Subpart D must be applied to all research funded by the HHS (which includes NIH). However, not all federal agencies that have adopted the Common Rule have also adopted Subpart D. In addition to HHS, only the U.S. Food and Drug Administration and the Department of Education have adopted it. Institutions may elect to apply the subpart to all research, regardless of the source of funding.

Suppose the United States has two​ utilities, Commonweath Utilities and Consolidated Electric. Both produce 20 million tons of sulfur dioxide pollution per year.​ However, the marginal cost of reducing a ton of pollution for Consolidated Electric is ​$275 per ton and the marginal cost of reducing a ton of pollution for Commonwealth Utilities is ​$375 per ton. The​ government's goal is to cut sulfur dioxide pollution in half​ (by 20 million tons per​ year). a. If the government issues 10 million tradable pollution permits to each​ utility, what will be the cost of eliminating half of the pollution to​ society?

b. Using a cap-and-tradeLOADING... system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of ​$ nothing million per year.

c. If the permits are not tradable, what will be the cost of eliminating half of the pollution?

d. If permits cannot be traded, then the cost of the pollution reduction

Answers

Answer and Explanation:

The computation is shown below:

a. The cost of eliminating is shown below:

= $275 × 20

= $5,500

b. The cost would be $375 per ton

c. In the case when the permits are not tradable so in this the cost is $5,500

d. In the case when the permits cannot be traded so the cost of the pollution reduction is

= $375 × 10 + $275 × 10

= $3,750 + $2,750

= $6,500

Select the true statement(s) about entrepreneurs.Entrepreneurs usually wind up making a lot of money.
A small 4 owner may be an entrepreneur and a producer.
Entrepreneurs believe they can make a profit from their invention.
Entrepreneurs usually work longer hours than most people.

Answers

The most appropriate answer is Entrepreneurs believe they can make a profit from their invention

That's why a lot of entrepreneurs were a college dropout. Rather than following what people say they have to do in order to earn money, they believe in their inventions and decided to pursue it

Answer: statement C

Explanation: In simple words, an entrepreneur refers to an individual who manages and operates a business with the objective of earning monetary benefits and bore more than the average risk to do so.

These individuals are the idea generates for the business and usually tries to sell their new invention into the market with the hope of earning lots of money.

Hence from the above we can conclude that the correct option is C.