Consumer surplus will remain the same when a monopolist goes from single-price monopoly to perfect price discrimination.
What transpires to the surplus of consumers in a monopoly?Consumer surplus is always smaller under monopolies (relative to perfect competition). However, it's possible that the rise in company profits will more than make up for the fall in consumer surplus.
When a company charges each customer their maximum willingness to pay, which is indicated by the demand curve, this is referred to as first degree or perfect price discrimination. The firm should choose its production at the point where MR=MC, as it is in other situations.
To know more about monopoly market, refer:
https://brainly.com/question/22934249
#SPJ4
What is it called when you invest your own money into your business?.
The thing that it is called when you invest your own money into your business is bootstrapping.
What is bootstrapping?
Bootstrapping is a business term that refers to the process of starting and growing a company using only existing resources such as personal savings, personal computing equipment, and garage space.
Bootstrapping is the process of starting a business from scratch without or with little outside funding. It is a method of financing small businesses by purchasing and utilizing resources at the expense of the owner, rather than sharing equity or borrowing large sums of money from banks.
It is the process of building your business from scratch with your personal fund. It is a way by which resources are purchased at the owner's expense without or with minimal investment from outside.
Learn more about bootstrapping here
https://brainly.com/question/20471218
#SPJ1
jake applied for a job at texco inc. because his friend chad, who is a manager there, told him to do so. in this scenario, jake is a(n)
Jake applied for a job at texco inc. because his friend chad, who is a manager there, told him to do so. in this scenario, jake is an referral.
Business managers motivate staff members to work hard so that the company can run smoothly and, in the case of for-profit businesses, turn a profit. They should be proficient in the following fields, and they may even be experts in one or more of them: finance, marketing, and public relations.
A corporate manager may also be skilled in the following technical fields: law, science, and computer programming. Business managers may even have control over human resources in some situations. In many firms, the position may be created to release the owner of responsibilities so that they may concentrate on particular elements of business growth.
To know more about Manager here-
https://brainly.com/question/29023210
#SPJ4
for a competitive firm, a. total revenue equals average revenue. b. total revenue equals marginal revenue. c. total cost equals marginal revenue. d. average revenue equals marginal revenue g
For a competitive firm, average revenue equals marginal revenue.
Thus, the correct option is D.
What is marginal revenue?
One technique to examine revenue that offers varied insights beneficial to investors and businesses is through marginal revenue. For instance, the financial ratio of margin to revenue can be used to determine how the sale of an additional unit or product will affect overall revenue.
Both big and small businesses can look at their marginal revenue to figure out how much money they make based on more output units sold. As a result, businesses who want to maximize their profits must raise production until marginal revenue equals marginal cost (MR=MC).
On the other hand, when marginal revenue is lower than marginal cost, enterprises could decide to stop producing.
Learn more marginal revenue, here
https://brainly.com/question/13383966
#SPJ1
In a liquidity trap, monetary policy has ________ effect on aggregate spending because a change in the money supply has ________ effect on interest rates.
no; no
In a liquidity trap, monetary policy has no effect on aggregate spending because a change in the money supply has no effect on the interest rates.
A liquidity trap develops when investors select lower-yielding assets over hoarding cash due to a bleak outlook for the economy. Bonds aren't the only thing affected by a liquidity trap; other sectors of the economy also supply as a result of consumers' reduced spending, which might make employers interest less eager to hire. When people hoard cash in anticipation of a negative event like deflation, insufficient overall demand, or war, a liquidity trap is created.
To learn more about liquidity trap, click here.
https://brainly.com/question/22936911
#SPJ4
you know the payment amount for a loan, and you want to know how much was borrowed. do you compute a present value or a future value?
You are curious about how much was borrowed because you are aware of the loan's payment amount. We'll figure out present value.
Future and current values: What are they?The present value is the sum of money that must be invested today in order to realize a specific future aim. The amount of money that would increase in value over time if it were invested is called future value. The present value is the sum that has to be invested in order to receive the future value.
What is important about current value?Due to its ability to compare values over time, present value is crucial. The benefits of PV can be realized by investors who are thinking about potential financial advantages from present assets or obligations. Investors can calculate a security's present value based on expected future returns; this information is used, among other things, in financial modeling, stock valuation, and bond pricing.
Learn more about present value: https://brainly.com/question/17322936
#SPJ4
What are the 3 types of resource management?.
The three styles of assets in aid control are People (Work Resources), Capital (Cost Resources) and Material Goods (Material assets).
The required details for Resource in given paragraph
Resource refers to all of the substances to be had in our surroundings which are technologically accessible, economically possible and culturally sustainable and assist us to fulfill our wishes and wants. Resources can extensively be labeled upon their availability — they may be labeled into renewable and non-renewable assets. They also can be labeled as real and capacity on the idea of the extent of improvement and use, on the idea of beginning they may be labeled as biotic and abiotic, and on the idea in their distribution, as ubiquitous and localized. An object will become a aid with time and developing technology. The advantages of aid usage might also additionally encompass accelerated wealth, right functioning of a system, or more advantageous well-being.
The idea of assets has been evolved throughout many hooked up regions of work, in economics, biology and ecology, pc science, control, and human assets for example - connected to the standards of competition, sustainability, conservation, and stewardship.
To know about Resource click here
brainly.com/question/24514288
#SPJ4
TRUE/FALSE. you placed a for sale ad in the local newspaper in an attempt to sell your old car. because this involves contact with the media, you are required to report it
You placed a ‘for sale’ ad in the local newspaper in an attempt to sell your old car. Because this involves contact with the media, you are required to report it. This statement is false.
A type of newspaper advertisement known as "newspaper display advertising" occurs when the advertisement appears with editorial material. Display advertisements are typically employed by companies and businesses to advertise their products and services and they are typically targeted at customers with bigger budgets. All sections of the newspaper contain display adverts, with the exception of the editorial page and classified section.
These advertisements are created in high quality color and black/white formats, enhancing visibility for newspaper readers in general. Display advertisements are a big part of how many large newspapers in developing countries subsidize the cost of publishing their publications.
To read more about advertising see:
https://brainly.com/question/1658517
#SPJ4
the use of specific facts in your business communication will typically help convince the reader about which of the following? (choose every correct answer.)
The use of specific facts in your business communication will typically help convince the reader about you know what you are talking about,You care about the reader.
Business communications are communications designed to help achieve a company's fundamental goals by sharing information between employees and people outside the company.
Business communications involve the exchange of information within and outside the organization's members. The four main types include upstream communication, downstream communication, lateral communication, and external communication.
Assigning tasks to employees, collecting and responding to customer feedback, and issuing press releases are examples of corporate communications.
Learn more about Business communications https://brainly.com/question/25020821
#SPJ4
You worked this past summer at a furniture manufacturing plant. Among the products used in making chairs and couches are glues, paint thinners, varnishes, and stains. Residuals of these products were discharged by the company through a pipe into a nearby pond. The pond is a tributary of a lake popular with boaters and people who like to fish. Now that you are back at school, you read in the paper that the company has pled guilty to the crime of knowingly discharging industrial pollutants into the waters of the United States, a violation of the Clean Water Act. You wonder what consequences will result.What are the various penalties that can be imposed by the judge on the furniture company for its violation of the Clean Water Act? Include all that apply.A maximum fine of $500,000.A fine of up to $2,500 for each day the Act was violated up to $1 million, an injunction mandating the company stop polluting, and a requirement that the company clean up the pollution it caused or pay for the cost of doing so.A fine of up to $2,500 for each day the Act was violated up to $1 million, plus an injunction.A fine of $2,500 for each day the Act was violated up to a maximum of $1 million.
The Clean Water Act (CWA) establishes the fundamental framework for controlling discharges of contaminants into U.S. waters and establishing quality criteria for surface waters. The foundation of the CWA, the Federal Water Pollution Control Act, was adopted in 1948, but the Act was considerably restructured and enlarged in 1972. With 1972 modifications, the Act's popular name became "Clean Water Act."
Under the Clean Water Act, the EPA has developed pollution management measures such as establishing industrial wastewater guidelines. Additionally, the EPA has established national water quality standard recommendations for pollutants in surface waterways.
Various penalties that can be imposed by the judge are as follows:
A fine of up to $500,000 may be assessed.
A fine of up to $2,500 for each day the Act was violated up to $1 million, an injunction mandating that the company stop polluting, and a requirement that the company clean up the pollution it caused or pay for the cost of doing so are the potential penalties that could be levied against the polluting company.
In addition to an injunction, a fine of up to $2,500 for each day that the Act was breached, up to a maximum of $1 million.
A fine of up to one million dollars, with a minimum of two thousand five hundred dollars for each day that the Act was broken.
To know more about Clean water act
https://brainly.com/question/8692576
#SPJ4
Available-for-Sale Securities Assume the 2015 annual report of Bristol-Myers Squibb (BMS) reveals that the company maintains a large investment in available-for-sale securities: 2015 2014 (in millions) Available-for-sale securities Fair value Amortized cost $ 6,904 $ 6,607 $ 6,928 $ 6,558 Did the company's available-for-sale securities experience a gain or loss in value in 2015 and/or 2014, and if so, in what amount? Do not use negative signs with your answers. Enter answers in millions. Amount Gain or Loss 2015 $ 0 2014 $ 0 How did the company account for these gains and/or losses? OThe gains/losses reported as part of AOCI within the shareholders' equity section on the balance sheet. OThe gains/losses are reported on the income statement as part of other income/expense. Were these gains (losses) taxable (tax deductible) in 2015 and/or 2014? OThe gains/losses are taxable (tax deductible). OThe gains/losses are nontaxable.
An equity or debt security that is available for sale (AFS) is one that has been bought with the intention of selling it before it matures or keeping it for a long time if the security doesn't have a maturity date. Securities that are offered for sale are listed at fair value.
Companies must categorise any purchases of debt or equity securities as held-to-maturity, held-for-trading, or available-for-sale in accordance with accounting requirements.
In the given question,
A. For the Year 2015,
Fair Value = $6,904
Amortized Cost = $6,928
The company experienced an unrealized loss i.e reduction or decline in the value of available for sale securities.
Therefore, Unrealized Loss = $6,928 - $6,904 = $24 million
For the Year 2014,
Fair Value = $6,607
Amortized Cost = $6,558
The company experienced an unrealized gain i.e increase in the value of available for sale securities.
Therefore, Unrealized Gain = $6,607 - $6,558 = $ 49 million
B. The gains/losses reported as part of AOCI within the shareholder's equity section on the balance sheet.
C. The gains / losses are non taxable because they were unrealised.It is just theoretical profit/loss resulting from an investment that has not been sold yet. A gain/loss becomes realized once the investments are sold and then will affect the taxability.
Learn more about Available for Sale Securities here: https://brainly.com/question/14094309
#SPJ4
at the store, they pick out a leather sofa and two ottomans. the sofa is $1,499 and each ottoman is $299. are they eligible for the promotion?
For instance, "To be eligible for promotion, an employee must be rated at or above the expected level of performance, or, if you're looking at a longer time period, "the employee didn't get a rating of "under expectations" in the past two years."
How come you are qualified for promotion?
Because they are typically required to resolve issues that are more complex in the industry or organization, people who receive promotions typically possess excellent problem-solving and critical thinking skills. By coming up with creative solutions to any issues posed by your managers or your team, you can demonstrate that you are prepared for this.
What is the procedure for promotion?
A process by which an employee of a company receives a higher share of responsibilities, a higher pay scale, or both, is known as promotion or career advancement. A promotion is essential not only for the employer or business owners but also for the employees.
Learn more about eligible for promotion here:
https://brainly.com/question/28102478
#SPJ4
which of the following is true of cartels?multiple choicetheir formation tends to lower market price.they reduce uncertainty and maximize profits for firms.they increase competition in the market.they usually last a long period of time.
Cartel tends to they reduce uncertainty and maximize profits for firms
Hence, Option C is correct.
What do you mean by Cartel ?
A cartel is a group of participants who come together with each other and form a group. They do so in order to improve their profits and dominate the market. The most famous and well known Cartel is OPEC. They introduce rules that changes competition in their favor through prices modification , production levels and marketing techniques.
There are various kinds of Cartels like
Price Cartels Term Cartels Customer Assignment Cartels Quota CartelsTo know more about Cartel from the given link
https://brainly.com/question/8515693
#SPJ4
an election is coming up and the majority political party wants to increase its chances of retaining majority control of congress. policy makers decide the best way to ensure reelection is to force the central bank to enact expansionary monetary policy. in the accompanying graph, shift the curve(s) to depict the impact this will have on the macroeconomy.
Given the decision of the policymakers to force the Central Bank to execute an expansionary monetary policy, the above will lowers the cost of borrowing. As a result, individuals prefer to spend more, while firms are motivated to invest more resources. In essence, the aggregate demand curve will move rightward.
How is this depicted in the Graph?
When an expansionary monetary policy is triggered, it facilitates an increase in the money supply. This pulls the entire demand curve to the right hence altering the equilibrium GDP (that is Aggregate quantity demanded) and price to higher points.
Note that in the graph above, the old Aggregate Demand curve is represented by AD while the new Aggregate Demand is depicted by AD'.
Note that while this is good in the short run, creating employment, and investments, it can also lead to inflation.
Learn more about Expansionary Monetary Policy:
https://brainly.com/question/28038989
#SPJ1
a company had sales of $920,000 and fixed costs were $160,000. what was the income from operations if the contribution margin ratio was 30 percent? group of answer choices
Hence the income from operations of the company is $160,000
Is income from operations the same as revenue?Operating income (also known as IFO) and EBIT are both forms of income from operations. The revenue generated by a company's internal activities is known as income from operations. The core business's revenue is derived from operations alone and is not included in income from other sources. Operating income is the total of a business's profits less regular, ongoing costs and expenses.
Given:
The contribution margin ratio = Contribution / Sales x 100
30% = Contribution / 920,000.00 x 100
Contribution = $276,000.00
Income from operations $
Total contribution $276,000
Less: Fixed cost $160,000
Income from operations $160,000
To learn more about income from operations, visit:
https://brainly.com/question/28484623
#SPJ1
if microsoft announces plans for a new product development, smaller firms may choose to concentrate their development efforts in other directions to avoid head-to-head competition. in this example, microsoft is employing a defense strategy.
'If Microsoft announces plans for new product development, smaller firms may choose to concentrate their development efforts in other directions to avoid head-to-head competition. in this example, Microsoft is employing a preemptive defense strategy.
The difference is that a preventive war is released to damage the potential threat of the targeted birthday celebration, while an assault with the aid of that party is not forthcoming or recognized to be deliberate. A preemptive battle is released in anticipation of instantaneous aggression via every other birthday party.
The preemption doctrine refers back to the concept that a better authority of law will displace the law of a lower authority of regulation when the 2 authorities come into conflict.
Learn more about preemptive here https://brainly.com/question/10429812
#SPJ4
as an auditor, why would transactions by the individuals with highest purchase amounts and highest number of transactions represent potential risk?
Transactions through the people with maximum buy quantities and maximum range of transactions constitute ability hazard as Inability to quantify the sampling blunders associated with the overall populace of dealer invoices.
The required details for sampling in given paragraph
Judgment sampling makes use of the auditor's subjective judgment to decide the pattern length (range of objects examined) and pattern selection (which objects to examine). This subjectivity isn't always usually a weakness. The auditor, primarily based totally on different audit work, can be capin a position to check the maximum fabric and unstable transactions and to emphasize the kinds of transactions problem to excessive manage hazard. Probability (random) sampling presents an goal technique of figuring out pattern length and deciding on the objects to be examined. Unlike judgment sampling, it additionally presents a way of quantitatively assessing precision and reliability. Sampling means deciding on the organization that you'll truly accumulate information from on your research.
For example, in case you are learning the critiques of college students on your university, you may survey a pattern of a hundred college students. In statistics, sampling permits you to check a speculation approximately the traits of a populace.
To know about sampling click here
https://brainly.com/question/24466382
#SPJ4
which of the following monetary and fiscal policy combinations would definitely cause a decrease in aggregate demand in the short run? which of the following monetary and fiscal policy combinations would definitely cause a decrease in aggregate demand in the short run? discount rate- decrease government spending- increase open market operations- buy bonds discount rate- decrease government spending- decrease open market operations- buy bonds discount rate- decrease government spending- increase open market operations- sell bonds discount rate- increase government spending- decrease open market operations- sell bonds
Combinations of monetary and fiscal policies that would result in the sale of bonds through open market operations, an increase in the discount rate, would all result in a short-term decline in aggregate demand.
Even when it comes to supposedly "safe" investments like bonds, investing can be difficult. The money that a company receives in fiscal policies exchange for issuing a bond is a loan that needs to be repaid over time. Due to their promise of returns on investment in addition to bonds yearly interest income, bonds are a popular choice among investors for long-term investments.
When interest rates are expected to rise significantly, this is the best time to sell bonds in the market. A rise in interest rates means that current bonds—your bonds—will probably lose value because the value of fiscal policies bonds on the open market is largely dependent on the coupon rates of other bonds. As more recent bonds are created with higher bonds coupon rates that reflect the rising national rate, the market values them more.
Learn more about fiscal policies here
https://brainly.com/question/27250647
#SPJ4
which us group did not share in the overall prosperity of the 1920's and struggled more than others to make ends meet? (page 647) question 1 options: factory managers corporate boards of directors middle class factory workers farmers
Reduced incomes and unemployment affected farmers, African Americans, Native Americans, and workers in some industries.
Which US group did not share in the prosperity of the 1920's?The Automobile's Ascendancy: The widespread use of the automobile was probably the single most significant factor in fostering prosperity.From 7 million to 23 million people in the 1920s owned a vehicle. Many facets of American life were significantly impacted by the massive increase in automobile ownership.Since cars needed a significant amount of rubber, glass, and steel, the production of automobiles helped to boost other industries.In America by 1929, the auto industry employed one out of every nine workers.The Growth of Other Industries: The Electric Vacuum Cleaner, Refrigerator, and Toaster were some of the other new products that were developed as a result of the widespread use of electricity. The motion picture and radio industries grew into significant businesses.Beginning of commercial aviation.The way Americans lived was altered by these new industries, which also produced significant profits.To Learn more About Reduced incomes refer to:
https://brainly.com/question/28344066
#SPJ4
Assume the equilibrium unemployment rate is 5%. If actual output falls to 5 percentage points below potential output, how would you expect the unemployment rate to change? (Note: Specify your answer to one decimal place, if necessary.)
According to Okun's law, a 2% reduction in actual output below potential output corresponds to a 1% rise in the unemployment rate. Therefore, a rise in the unemployment rate of (5/2) = 2.5% is caused by a 5% reduction in actual output below potential output.
What is Unemployment?When someone actively seeks job but is unable to do so, this is referred to as being unemployed.
People of working age who are unemployed, available for work, and have made explicit efforts to find employment are considered to be unemployed. Estimates of unemployment rates based on this definition are applied consistently, making them more comparable worldwide than estimates based on national definitions of unemployment.
Therefore, a rise in the unemployment rate of (5/2) = 2.5% is caused by a 5% reduction in actual output below potential output.
Learn more about Unemployment, here;
https://brainly.com/question/14227610
#SPJ1
assume that the stock of xyz has a beta of 1.2, the current risk-free rate is 6% and the annualized market premium is 9%. further assume that next year dividend is expected to be $3 per share and its perpetual growth rate is 5%. according to the capm, what should be the price of the stock
The price of the stock should be $25.42.
A financial model used to determine an asset's expected rate of return is known as the capital asset pricing model (CAPM). The predicted returns on the market and a risk-free asset, as well as the asset's correlation with or sensitivity to the market, are used by CAPM to achieve this (beta). The CAPM has some drawbacks, such as relying on a linear interpretation of risk vs. return and making irrational assumptions. Despite its flaws, the CAPM formula is still often employed since it is straightforward and makes comparing different investment options simple.
It is given that beta is 1.2; risk free rate is 6%; and market premium is 9%.
According to CAPM,
expected return = risk-free rate + beta * risk premium
= 6% + 1.2*9%
=16.8%
It is also given that dividend for next year is $3 and growth rate is 5%.
To find the price of share, the formula used is:
= Dividend ÷ (expected return - growth rate)
= 3 ÷ (16.8% - 5%)
= 3÷ 11.8%
= 25.42
Thus, price of share is $25.42.
To know more about CAPM
https://brainly.com/question/15548553
#SPJ4
What must the complement of the supplement of an obtuse angle be
The complement of the supplement of an obtuse angle is always acute angle.
obtuse angle:
According to the concept of angle, an angle that measures less than 180 degrees but more than 90-degrees is an obtuse angle.
Given,
Here we need to find the complement of the supplement of obtuse angle is what.
As per the definition of the obtuse angle, acute angle is the complement of the obtuse angle.
To know more about business here.
https://brainly.com/question/24317308
#SPJ4
For which of the following businesses would the job order cost system be appropriate?
a. lumber mill
b. oil refinery
c. canned soup processor
d. hospital
c. lumber mill
Because they work with different clients on different accounts, many lawyers and accountants will utilize a job order cost system to keep track of how much time and resources were used for each client.
When is it suitable to use a job order costing system?The job order method of pricing is used to determine the manufacturing costs for each product. When a manufacturer needs to calculate the cost of carrying out a certain operation while manufacturing a number of unique things, they frequently employ this costing method.
What is an example of a company that uses job order costing?Some companies that use task costing systems include Boeing (airplanes), Lockheed Martin (advanced technology systems), and Deloitte & Touche.
Learn more about job order costing here:
brainly.com/question/29038446
#SPJ4
if reserves decrease by $4 million and the required reserve ratio is 10 percent, what is the change in the money supply?
The money supply changes by $50 million while reserves change by $10 million.
What does a 10% reserve ratio indicate?Banks are required to retain 10% of their deposits in necessary reserves if the statutory reserve ratio is 10%. Deposits of $20 million require necessary reserves to be retained at $2 million ($20 million multiplied by. 10). Reserves over and above those that are necessary are called excess reserves.
What occurs if the necessary reserve ratio is lowered?Banks are able to extend more loans to individuals and businesses when the reserve ratio is reduced by the Federal Reserve. This lowers the amount of cash that banks must store in reserves. The economy grows as a result, increasing the money supply in the country.
To Know more about economy grows
https://brainly.com/question/28461560
#SPJ4
in order to avoid gain or loss on the contribution of property to form an entity, which entity type does not require control immediately after the contribution?
Partnership is the entity does not require control immediately after the contribution, in order to avoid gain or loss on the contribution of property to form an entity.
What is Partnership so important?You can have access to more knowledge, abilities, and resources through partnerships, which will enable you to produce better products and appeal to a larger market. All of these, when used in tandem with 360-degree feedback, can help your company grow. Your company's ideology will be strengthened by the ideal business partnership.
What is the purpose of a partnership?A partnership is an arrangement between two or more people to oversee a company's operations and distribute its assets and responsibilities. In a general partnership corporation, the assets and liabilities are divided equally among all of the partners. Limited liability partnerships are regularly formed by lawyers and other professionals.
To know more about Partnership visit:
https://brainly.com/question/19988417
#SPJ4
the use of power or influence to engage followers in a full range of activities that serve to accomplish the leader's vision and goals for a work unit (a team or department or business unit) or organization is referred to as
Leadership is use of power or influence to engage the followers in full range of activities that serve to accomplish leader's vision and goals for work unit or organization.
What is Leadership?A individual, group, or organization's capacity to "lead," persuade, or guide others includes both the leadership research area and the real leadership talent. "Leadership" is frequently portrayed as a divisive concept. Diverse viewpoints on the matter are examined in specialized literature, sometimes contrasting Eastern and Western as well as North American and European approaches to leadership. Leadership is fundamentally a strong partnership in which the influence of one side motivates the behavior of the other. Some people now accept the complex nature of leadership that can be found in both formal and informal roles at all levels of institutions, challenging the more traditional management ideas of leadership that have been challenged.
To learn more about Leadership, visit:
https://brainly.com/question/28965758
#SPJ4
What is the sequence of a bill?.
A Representative sponsors a measure first. A committee is then asked to study the measure. The measure will be up for a vote, discussion, or amendment once the committee releases it. The measure will be forwarded to the Senate if it receives a simple majority vote (218 out of 435).
A bill must have the title, enacting clause, sections altering and repealing laws, and effective date. A measure must be approved by both houses of Congress in order for the President to consider it. Even though the two bills must have the exact same language, this rarely happens in practice. To synchronize the measures, a Conference Committee made up of representatives from both chambers is established.
To know more about Sequence of Bill here
https://brainly.com/question/29550065
#SPJ4
in schooling in capitalist america, samuel bowles and herbert gintis argued that schools train a labor force in the skills and attitudes necessary for the health of a modern economy. what are these skills and attitudes?
Santa Fe Institute Professor Sam Bowles and External Professor Herb Gintis have been selected as 2022 Citation Laureates through Clarivate's
Web of Science crew "for offering proof and fashions that develop our appreciation of economic conduct to encompass now not solely self-interest but additionally reciprocity, altruism, and other
What do Bowles and Gintis believe about education?Bowles & Gintis claim that college influences personality features which are needed for exceptional locations in the type system, yet they have no theory as to how character identity is formed. correspondence appearing vital to some sections, but not others.
What standpoint is Bowles and Gintis?The correspondence principle was proposed with the aid of Bowles and Gintis and is the suggestion that schooling mirrors the place of work in its organisation, rewards systems and a vary of different elements
Learn more about samuel bowles here:
https://brainly.com/question/14412281#SPJ4The expected value of information (EVI) is the difference between the EMV obtained with free sample information and the EMV obtained without any information.
True
False
It is accurate what is said. The difference between the EMV obtained with free sample information and the EMV obtained with no information is known as the expected value of information (EVI).\
What is meant by expected value?The probability times the estimated value of each result is the expected value. For instance, if you don't mind taking a chance, you would value a 50% chance of winning $100 at $50. With this framework, we can decide if you ought to enter the lottery. The average of all the outcomes of a discrete random variable, weighted according to their probabilities, is what we call the mean (or expected value) of that random variable. Expected value is defined as the average result that would be expected if the random variable were to be examined over an infinite number of trials.The theoretical mean value of a numerical experiment over numerous iterations of the experiment is referred to as an expected value in probability theory.To learn more about expected value, refer to:
https://brainly.com/question/13499496
#SPJ4
in a report on the real estate market in florida, which two of the following charts would be the most useful? (choose every correct answer.)
-Average Incomes in Florida Metropolitan Areas
-Home Ownership Rates in Florida
PROPERTY. the buying and selling of real estate and structures Reduced home sales have made the real estate market better for buyers, giving them many options at cheaper prices. commercial and residential real estate markets.
Real estate is defined as the land and any affixed permanent structures, such as a house, or improvements, whether created naturally or artificially.
Real property includes real estate. It differs from personal property, which includes things like farm machinery, boats, jewelry, furniture, and cars that are not anchored to the ground.
learn more about real estate here:
https://brainly.com/question/10336196
#SPJ4
What Joseph Stiglitz said about the gap between the rich and the poor?.
Joseph Stiglitz said- The rich might not completely recognize it, however it's miles of their personal self-hobby to make certain that everyone in our society does well, and that the distance among the wealthy and the negative would not maintain to growth because it has.
The required details for Joseph Stiglitz in given paragraph
Joseph Eugene Stiglitz is an American New Keynesian economist, a public coverage analyst, and a complete professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979).He is a former senior vp and leader economist of the World Bank. He is likewise a former member and chairman of the (US president's) Council of Economic Advisers. He is thought for his aid of Georgist public finance theory and for his essential view of the control of globalization, of laissez-faire economists (whom he calls "free-marketplace fundamentalists"), and of global establishments which includes the International Monetary Fund and the World Bank. In 2000, Stiglitz based the Initiative for Policy Dialogue (IPD), a suppose tank on global improvement primarily based totally at Columbia University. He has been a member of the Columbia school in view that 2001, and obtained the college's maximum educational rank (college professor) in 2003.
Joseph Stiglitz turned into the founding chair of the college's Committee on Global Thought. He additionally chairs the University of Manchester's Brooks World Poverty Institute.
To know about Joseph Stiglitz click here
https://brainly.com/question/14783362
#SPJ4
