When analyzing a market how do economists deal with the factors that affect market

Answers

Answer 1

Explanation:

In order to study the change in the factors affecting the market easily, economists prefer to consider one factor at a time and keep other factors constant. This strategy is difficult to apply in real world, but this makes the understanding of an economic model simpler


Related Questions

According to the authors of A Gift of Fire, it is obvious that computer technology ___________ mass unemployment.

Answers

Answer:

According to the authors of A Gift of Fire, it is obvious that computer technology has not and will not mass unemployment.

The receipts section of the cash budget lists ______. Multiple choice question. all cash inflows, except from financing total sales for the period all cash inflows total credit sales

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The receipts section of the cash budget lists B. all cash inflows.

What is a cash budget?

A cash budget is a document prepared in advance to show the planned monthly cash inflows (receipts) and cash outflows (payments).

Preparing the cash budget helps management to manage cash outflows with its cash inflows and make other cash decisions.

Thus, the receipts section of the cash budget lists B. all cash inflows and not credit sales.

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What is a pricing strategy that establishes a low price in hopes of attracting a great number of customers and discouraging competitors?.

Answers

The pricing strategy that establishes a low price in hopes of attracting a great number of customers and discouraging competitors is penetration pricing.

What is penetration pricing?

Penetration pricing is a pricing strategy where the sellers of a new product make the price of the good very low with the hopes that it would attract customers to purchase the product.

Penetration pricing increases the market share of the firm but can lead to the firm earning very low levels of profit.

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Which settlement option pay a stated amount to an annuitant but no residual value to a beneficiary

Answers

Answer:

Life income

Explanation:

Why do monopolies and oligopolies benefit producers over consumers?.

Answers

Answer:

Few Producers can generally control prices.

Explanation:

Monopolies and Oligopolies are structures where few generally control things. I also got the question right :)

What is the term for media for broad popular audiences—including newspapers, radio, and television?.

Answers

Answer:

Mass media

Example

Mass media is actually the primary means of communication for the general public to communicate with each other as well as on a grander level. The most popular types of mass media include Newspapers, Radio, Television, Internet, Magazines.

An increase in government purchases will increase aggregate demand because:.

Answers

Answer:

Explanation below.

Explanation:

Think of it like this:

Consumption + Investment + Government Spending + Net Exports = AD

When Government spending goes up, it is increasing AD within (C+I+G+X), so AD shifts right.

According to this credit report, how many accounts has lillie had sent to collections? a. 0 b. 1 c. 2 d. 3

Answers

From the credit report the number of accounts that Lille has sent collections is 0. This is because she has sent not sent any to an account.

What is a credit report?

This is a report of how a persons credit activity is. It also tells about the financial standing of a person and how they are faring in terms of finance.

The credit report contains the history of the loan payments that are made by the individual.

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F. What effect does a low unemployment rate have on business? what effect does a high unemployment rate have on business?

Answers

Answer:reduces the productivity of the company as a whole<3

Explanation:

It comes when there's an increase demand for labor because of low unemployment. With less people available for work, employers have to increase their wages to find, and keep, employees. This can cause some organizations to settle for less-talented workers, which again reduces the productivity of the company as a whole

The effect of low unemployment rate on business is that the productivity of business will fall, and the effect of high unemployment rate on business is that the productivity of business will raise.

What is unemployment rate?

The unemployment rate refers to the state of being unemployed. The unemployment rate is derived by dividing the total number of people in the labor force by the number of people who are jobless.

The labor force is the total number of people who are employed and unemployed. A low unemployment rate has the impact of lowering business productivity, whereas a high unemployment rate has the effect of increasing business productivity.

Therefore, the unemployment rate is defined as the state of being unemployed.

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Which of the following statements about electronic résumés is false? a. directions for submitting electronic résumés should be followed carefully. b. many companies only use electronically submitted or emailed résumés. c. electronic résumés should be typed in a standard word processing program. d. electronic résumés should be saved in html format. please select the best answer from the choices provided a b c d

Answers

An electronic resume is one that is sent to a potential employer via email. An electronic résumé is used to apply for employment online.

What makes an effective electronic resume?

On an electronic resume might be provided in a distinct keyword section or integrated into the text. All text should be positioned to the left and in a plain typeface. Underlining, bolding, italics, and bullets should be avoided since they can cause problems with older OCR software.

Thus, Option D would be the false statement about electronic resumes.

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Answer:D

Explanation:Electronic résumés should be saved in HTML format. 

Knowing the slope of activities allows project managers to compare which ____ activities to shorten.

Answers

Answer:

Knowing the slope of activities allows project managers to compare which Critical activities to shorten

it is likely that John chooses this oil company because of their ___ services

Answers

it is likely that John chooses this oil company because of their good services

Answer:

Due to their good services, John is likely to choose this oil company!

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The level of aggregate supply in the long run is not affected by.

Answers

Answer:

Long run aggregate supply (LRAS) is a theoretical concept and refers to the output that an economy can produce when using all its factors of production, and hence when operating at full employment. Graphically, it is a vertical curve indicating that, in the long run, output is not affected by changes in the price level.

Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieved b) a form of compensation whereby a percentage of company profits is distributed to the employees whose work helped to generate them monetary rewards offered by companies for exceptional c) performance as incentives to further increase productivity an incentive system that pays a fixed amount or a percentage of the employee's sales

Answers

After every service rendered, there is a payment for it. when it is hourly, it is termed wages, when it is monthly, then, it is called salary.

Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieved

Wages

Wages a payment usually of money for labor or services usually according to a contract and on an hourly, daily, or piecework basis.

Therefore, the it refers to rewards based on the number of hours the employee works or the level of output achieved.

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Brown, the president and director of a corporation engaged in owning and operating a chain of motels, was advised, upon what seemed to be good authority, that a superhighway was to be constructed through the town of X, which would be a most desirable location for a motel. Brown presented these facts to the board of directors of the motel corporation and recommended that the corporation build a motel in the town of X at the location described. The board of directors agreed, and the new motel was constructed. The superhighway plans were changed, however, after the motel was constructed, and the highway was never built. Later, a packinghouse was built on property adjoining the motel, and the corporation sustained a considerable loss as a result. The shareholders brought an appropriate action against Brown, charging that his proposal had caused a substantial loss to the corporation and seeking recovery of that loss from Brown. What result

Answers

An officer or director of a corporation is not personally liable for loss sustained by the corporation as the result of the exercise of poor or mistaken business judgement. They are only liable for a loss resulting from his or her negligence of failure to exercise reasonable care. In this situation, Brown was exercising a business judgement in good faith with due care. Since a superhighway was to be constructed through the town of X, he believed it was in the corporation's best interest to build a motel there. Brown was not guilty of negligence, so the decision would be in favor of Brown.

One of the "7 determinants of productivity, income, and wealth" is "seemingly unrelated market condition," which refers to the recognition that differences in income or wealth across individuals could result from differences in:.

Answers

The differences in income or wealth across individuals could result from differences in A) income depends in part upon economic conditions beyond our control; a worker's value ...

What are the sources of income?

The different income sources include:

WorkingProducing a product or serviceInvesting capitalEarning pensions and other government programsSelling goods or services above the cost of production.

Answer Options:

A) income depends in part upon economic conditions beyond our control; a worker's value depends greatly upon the price of the product he helps produce (e.g., a wage of a coal miner would increase if we ran out of oil)

2) the natural talents that people are endowed with at birth

3) the skills and experiences that people acquire through education, training, and work

4) how hard individuals choose to work

Thus, the differences in income or wealth across individuals could result from differences in Option A.

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Hideki just received his latest bank statement. To make sure it is correct, he
should:
A. call the bank to ask for help.
B. call his creditors to check accuracy of payments.
C. reconcile his statement with his own record.
D. withdraw funds to make sure his account is active.

Answers

Answer:

call the bank to ask for help

Please select the word from the list that best fits the definition Enjoy music in their free time

Answers

Answer:

Auditory Learners

Explanation:

I got it right on edge 2022.

Flextrola, Inc. , an electronics systems integrator, is planning to sell its next generation product using components sourced from its supplier. Flextrola will integrate the component with some software and then sell it to consumers. Given the short life cycles of such products and the long lead times quoted by its supplier, Flextrola only has one opportunity to place an order prior to the beginning of its "selling season. " Assume that Flextrola’s demand during the season is normally distributed with a mean of 1000 and a standard deviation of 600. (A normal table is provided at the end of this exam for your convenience. )


Solectrics’ production cost for the component is $52 per unit and it plans to sell the component for $72 per unit to Flextrola. Flextrola incurs essentially no cost associated with the software integration and handling of each unit. Flextrola sells these units to consumers for $121 each. Flextrola can sell unsold inventory at the end of the season in a secondary electronics market for $50 each. The existing contract specifies that once Flextrola places the order, no changes are allowed to it. Also, Solectrics does not accept any returns of unsold inventory, so Flextrola must dispose of excess inventory in the secondary market.


Required:

a. What is the probability that Flextrola’s demand will be within 25 percent of its forecast?

b. What is the probability that Flextrola’s demand will be more than 40 percent greater than its forecast?

c. Under this contract, how many units should Flextrola order to maximize its expected profit?

d. What are Flextrola’s expected sales?

e. How many units of inventory can Flextrola expect to sell in the secondary electronics market?

Answers

With a mean of 1000 and a standard deviation of 600, the probability that the demand is going to be withing 25 percent of its forecast is 0.3230.

a. Mean = 1000

sd = 600

p(1000x 1-25%) - p(1000x 1+25%)

using the z test

d-μ/σ

[tex]p(z < \frac{1250-1000}{600} )-p(z < \frac{-1000}{600} )\\\\(z < 0.4167)-(z < -0.4167)[/tex]

find values using excel sheet formula

NORMSDIST(0.4167) - NORMSDIST(-0.4167)

=m0.6615 - 0.3385

= 0.3230

b. The probability that the forecast would be more than 40 percent

1000x 1+40%

= p(D>1400)

= 1- NormDist(0.667)

= 0.225

c. Cu = 121-72 = 49

Co = 72.50 = 22

The critical ratio calculation

49/22 +49 = 0.6901

Normsinv(0.6901) = 0.496

1000+0.496x600

= 1297

The units that Flextrola has to order is 1297.

d. The expected sales of Flextrola

1200-1000/600

= 0.3333

loss function from z = 0.333 is 0.254

600x0.254 = 152. 4

1000-152.4 = 847.6

the expected sales are 847.6

e 1200- 847.6

= 352. 4

The units of inventory that can be sold is 352.4

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By drastically reducing inventories, manufacturers can increase the utilization of more floor space. This is an example of a

Answers

Drastically reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.

What is a Just-inTime inventory system?

A Just-in-Time inventory system is inventory management that ensures that raw materials for production arrive as needed.

With a Just-in-Time system, inventory arrives as production is scheduled to begin.

The purpose of a Just-in-Time system is to reduce inventory on hand to the minimum just to meet demand.

A. a merchandising inventory system.

B. a just-in-time (JIT) inventory system.

C. a finished goods inventory system.

D. determining inventory quantities.

Thus, reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.

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The upward-sloping portion of the long-run average cost curve is a result of:.

Answers

Answer:

average cost is increasing

Explanation:

Please answer it is due in a hour please help

I will sure mark you as brainliest

Answers

Answer:

1.costs that do not change when sales or production volumes increase or decrease

2.Variable costs are costs that change as the quantity of the good or service that a business produces changes.

3.the level of production at which the costs of production equal the revenues for a product

Answer:

1) Fixed costs are costs that do not change when sales or production volumes increase or decrease.

2) A variable cost is a corporate expense that changes in proportion to how much a company produces or sells.

3) The breakeven point is the level of production at which the costs of production equal the revenues for a product.

All companies operate in a broad ______-environment that is made up of six components, including political factors and technological factors. Multiple choice question. micro meso para macro

Answers

Answer:

The word that is underlined, that's the answer; Macro

Explanation:

hope this helps.

Answer:

the answer is macro .

Explanation:

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Media planners seek to reach the largest possible percentage of their target audience with no monetary limitations.


a) True
b) False

Answers

As regards media planners trying to reach a large percentage of their target audience with no limitations, this is False.

Why is this statement false?

The ultimate goal of a company is to reduce costs and make more profit. As a result, media planners try to keep costs as low as possible when engaging in ad campaigns.

This means that they try to reach the largest percentage of people they can reach, with limitations placed on them.

In conclusion, this is false.

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Who among the following is most likely to believe that groups and organizations are generally characterized by superficiality and depthlessness in social relationships because employee interactions with customers are largely scripted and customer behavior and responses are often tried-and-tested ways of dealing with employees

Answers

The postmodernist tends to believe that groups, as well as organizations, are generally characterized by superficiality and depthlessness in social relationships.

What is postmodernism?

Postmodernism is an intellectual viewpoint or form of communication characterized by the skepticism of what it views to be modernism's grand narratives and philosophies, as well as resistance to cognitive certainty and meaningful stability. 

In a business environment, postmodernist believes in the economic power of governing groups and organizations while considering the superficiality and depthlessness of their social relationship with customers.

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A coupon bond that pays interest semi-annually is selling at par value of $1,000, matures in seven years and has a coupon rate of 8.6%. The yield to maturity on this bond is

Answers

Based on the selling price of the bond and the coupon rate, the yield to maturity on the bond is 8.6%.

What is the yield to maturity on this bond?

When a bond is selling at par, it means that the coupon rate and the yield to maturity are the same.

The bond in question is selling at its par price of $1,000 which means that the coupon rate of 8.6% is the same as the yield to maturity.

In conclusion, the YTM is 8.6%.

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How can a market be segmented using demographics?

Answers

Here is a Answer to your question:

Demographic segmentation divides the market into smaller categories based on demographic factors, such as age, gender, and income. Instead of reaching an entire market, a brand uses this method to focus resources into a defined group within that market.

I am sorry if this was not helpful

Hope this was helpful

Cerina likes to make products while ensuring that accidents are kept to a minimum. which career pathway would be the best fit for cerina? maintenance, installation, and repair quality assurance logistics and inventory control health, safety, and environmental assurance

Answers

Cerina enjoys creating items while keeping accidents to a minimum. Cerina's career path would be most suited to health, safety, and environmental assurance.

What are health, safety, and environmental assurance?

Employees in the Health, Safety and Environmental (HSE) Assurance department make certain that:

The equipment is used safely Plan for safety in new manufacturing processes. Conduct incident and hazard investigations in the areas of health, safety, and/or the environment.Conduct incident and hazard inspections for health, safety, and/or the environment.Implement programs, projects, policies, or procedures related to health, safety, and/or the environment.

Therefore, option (d) is the correct answer.

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Answer:

I would  say d

Explanation:

Ronald runs a small furniture making business. He wants to advertise his business. However, he cannot afford to spend a lot of money on
advertising. He wants to provide customers with details of his business, such as the name, products, store locations, and contact addresses.
Which of these advertising vehicles is best suited for Ronald?
OA.
television
ОВ.
radio
O C. newspapers
OD. magazines

Answers

Answer:

Newspapers

Explanation:

Plato

Answer:

A

Explanation:

got correct

The ________ is the member of the buying center whose primary function is handling the details of the transaction.

Answers

The buyer is the member of the buying center whose primary function is handling the details of the transaction.
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