Microeconomics looks at the ______
relationship between consumers and
producers and how this relationship affects the economy.

Answers

Answer 1

Answer:

economy

Explanation:

Answer 2

Microeconomics examines the economic relationship between producers and consumers and its impact on the economy.

Microeconomics refers to the study of decision-making by individuals and businesses, while macroeconomics focuses on the decisions made at the national and governmental levels.

As consumers require goods and services, producers aim to make a profit from providing them.

The economic choices are influenced by factors such as prices, demand, and supply. Ultimately, determining the cost of products and services is the responsibility of both parties involved.

The economy of a society is built on the creation of wealth through selling and purchasing. Producing and consuming are done by consumers and producers respectively. Therefore, the economic relationship is the correct answer.

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Related Questions

When collective decision making is utilized to resolve economic questions regarding the allocation of resources,

Answers

When collective decision making is utilized to resolve economic questions regarding the allocation of resources, the role of markets will be replaced by political decision making.

What is a collective decision?

When two or more individuals analyze, choose, or use a good or service, collective decision-making is taking place. Members participate in the decision-making process in both families and organizations in a variety of ways.

How do economists solve the problem of scarce resources?

The government decides what to produce and allocates the resources according to its decisions. Another method the governments use to solve the problem of scarcity is by raising prices, but they must make sure that even the poorest consumers can afford to buy it.

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The new equilibrium price and quantity suggest that the shape of the long-run supply curve in this industry is:_________

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The new equilibrium price and quantity suggest that the shape of the long-run supply curve in this industry is horizontal.

In astronomy, geography, and related sciences and contexts, a direction or plane passing through a particular point is said to be perpendicular if that point contains the local direction of gravity. Conversely, a direction or plane is said to be horizontal if it is perpendicular to the vertical. In general, vertical objects can be drawn from top to bottom (or bottom to top). B. The y-axis of the Cartesian coordinate system.

A horizontal line is a line that runs from left to right. When you watch the sunrise over the horizon, you see the sun rise above the horizon. The x-axis is an example of a horizontal line.

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Pine Valley Lumber issues 15,000 shares of 9%, $45 par value preferred stock with a cumulative dividend feature for $65 cash per share. What is the minimum annual dividend the holders of this stock can collectively expect to receive

Answers

The minimum annual dividend the holders of this stock can collectively expect to receive is $60,750.

Minimum annual dividend

Using this formula

Minimum annual dividend=Number of shares×par value preferred stock×Dividend rate

Let plug in the formula

Minimum annual dividend=15,000 shares × $45/share par value × 9%

Minimum annual dividend=$60,750

Therefore the minimum annual dividend the holders of this stock can collectively expect to receive is $60,750.

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The __________ ensures that when consumers provide their verbal agreement during the telephonic enrollment, they acknowledge and understand they are actually enrolling, in which plan they are enrolling, as well as the standard disclosures.

Answers

The statement of understanding ensures that when consumers provide their verbal agreement during the telephonic enrollment.

What is the statement of understanding

This is the statement that is used to show that there is understanding by a customer when he or she signs a document.

This is used to show that the person is well informed based on what they have signed.

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Total revenue minus the total _____ and total _____ costs of production is economic profit.

Answers

Total revenue minus the total implicit and total explicit costs of production is economic profit.

What are the key features of Accounting & Economic profits?

Production is the process of fusing inputs to create outputs, which should ideally be worth more than the inputs.

Revenue, which is calculated as price times quantity sold, is the income from selling a company's goods.

The total revenues less all explicit costs, including depreciation, is the accounting profit.

Total revenues less total costs, including both explicit and implicit costs, equals economic profit.

The main difference between Explicit & Implicit?

Explicit costs are expenses incurred directly by a company, such as payments for goods, rent, labour and salaries.

Implicit costs are a special kind of opportunity cost: they represent the cost of the company's existing resources that could have been used in another way.

An entrepreneur who runs a firm, for instance, could use her labor to pay the bills at a job.

Hence, the answer is explicit and implicit.

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The generational group of managers that expect to give and get more feedback on their work are?

Answers

The generational group of managers that expect to give and get more feedback on their work are Gen X; they focus on results more than hours

More about Gen X managers:

Although we don't hear much about Generation X these days, it was huge in the pre-Millennial era. Either you belonged to Generation X or you fit in with the crowd. Gen X managers are subtly replacing Boomers in management positions as they enter retirement.

A characteristic of Gen X managers is their drive for achievement, particularly financial success. Many members of Generation X are incredibly resourceful and motivated to succeed financially because they grew up seeing their parents struggle financially and have recently experienced their own.

Both Gen X managers and employees tend to favour less formal working arrangements that allow them to interact freely with both their superiors and the people they supervise.

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The percentage of commercial banks' checking and savings accounts that must be kept in the bank is referred to as ______.

Answers

The percentage of commercial banks' checking and savings accounts that must be kept in the bank is referred to as :- Statutory Reserve Ratio.

The statutory reserve ratio (SRR) is the proportion of the deposit liabilities that commercial banks are required to keep as a cash deposit with the Central Bank. Under the Monetary Law Act (MLA), commercial banks are required to maintain reserves with the Central Bank at rates determined by the Bank.

Why is SRR important?

Reserve requirements are the amount of funds that a bank holds in reserve to ensure that it is able to meet liabilities in case of sudden withdrawals. Reserve requirements are a tool used by the central bank to increase or decrease the money supply in the economy and influence interest rates.

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Answer:

reserve requirement

Explanation:

What financial impacts could result if a for-profit organization was built within your community?

Answers

The financial impacts  for-profit organization is one that operates with the goal of making money. Most businesses are for-profits that serve their customers by selling a product or service.

The business owner earns an income from the for-profit and may also pay shareholders and investors from the profits. The establishment of a for-earnings business has a few clean advantages: self-employment and  financial rewards proportional to success. It is not with out risks, but, which includes financial liability and obligation to traders and creditors.

A fitness care machine run by way of for income will offer the greatest advantages at least price. First, for-income health care will decrease the prices of care.

A for-profit business enterprise is one that operates with the purpose of creating wealth. maximum corporations are for-income that serve their customers by selling a services or products. The business proprietor earns an earnings from the for-earnings and may also pay shareholders and investors from the profits.

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The three methods used to classify costs into their fixed and variable components includes.

Answers

The methods used to classify costs into their fixed and variable components are:

scatter diagramshigh-low methodregression analysis

What is a costs classification?

This refers to the way by which economic cost are classified for proper purpose and identification.

Majority of fixed and variable cost are classified by using the scatter diagrams, high-low method and regression analysis.

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Accountants use the following three methods to classify mixed costs into their fixed and variable components:

High-low methodScatter graphRegression analysis.

What are mixed costs?

Mixed costs are costs that have both fixed and variable elements.

Fixed (period) costs do not change with changes in the production volume, unlike variable (differential) costs.

Thus, since variable costs are essential for decision-making, management tries to separate mixed costs so that insights into cost structure become clearer using the above three methods.

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Less popular open source products are not likely to attract the community of users and contributors necessary to help improve these products over time. This situation reiterates the belief that _____ are a key to success.

Answers

This situation reiterates the belief that network effects are a key to success.

What is Network Effect?

A network effect is a phenomena in which the value or utility derived by a consumer from a good or service is proportional to the number of customers of similar goods.

The Network Effect is platform becomes more useful as its total computing power increases.

The network effect is a phenomena in which the value of a commodity or service increases as the number of persons or participants increases. However, as more people gained access to the Internet, more material, information, and services were created.

In Other Word , The network effect is a phenomenon that explains that the number of users can increase or decrease the value of a system. The best example of the network effect is the internet and E-commerce websites. At first, there were hardly any clients yet with time, the estimation of web expanded because of increase in several clients.

Therefore, we can conclude that the correct option is C.

Your question is incomplete, but most probably your full question was:

Less popular open source products are not likely to attract the community of users and contributors necessary to help improve these products over time. This situation reiterates the belief that _____ are a key to success.

A. proprietary products

B. brand strategies

C. network effects

D. technology expenses

E. advertising campaigns

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Help how do you solve this

Answers

Based on the amount the Fed purchased and the required reserve ratio, the amount the bank will be able to lend customers is $9,460,000

What amount can the bank lend out?

This can be found as:

= Amount purchased by Fed - (Amount purchased by Fed x Required reserve)

Solving gives:

= 11 million - ( 11 million x 14%)

= 11 million  - 1,540,000

= $9,460,000

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Imagine we are throwing a loaded die (6 sides). The probability that the die shows a 6 is twice as high as the probability of each of the other numbers. On average, out of these 70 throws how many times would the die show the number 6

Answers

Probability

It is a branch of mathematics that deals with the occurance of a random event. The value is expressed from 0 to 1. It predicts how likely events are to be happened .

Step by step solution:

Die has six sides so probability of each is [tex]\frac{1}{6}[/tex] but,

The probability that the die shows a 6 is twice as high as the probability of each of the other numbers.

so,

the probability of 6 is [tex]\frac{2}{7}[/tex] and others probability is [tex]\frac{1}{7}[/tex]

we throw die 70 times

so probability 6 out of 70 throws is

70×[tex]\frac{2}{7}[/tex]

=20              

out of these 70 throws , the probability of die showing number six is 20 times.

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which characteristic that may pose a potential nutrition problem would the nurse identify in a preterm neonate

Answers

The immature sucking reflex is the characteristic that may pose a potential nutrition problem in a preterm neonate.

Immature sucking reflex- Th reflex of sucking doesn't start at the 32nd week of pregnancy and is not fully developed till the 36th week. If the baby is born prior to the 36th week, it will not allow the sucking reflex to be fully devloped. The immature sucking reflex will not allow the baby to consume the milk of the mother or the food required for development. Such immaturity of reflex will lead to the nutrition problem because of a lack of sufficient intake.

Later infants may develop various diseases and can be anemia. the infant requires extra care in such a situation, the increase in the flow of milk may help the infact in intake.

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In the case of distributive bargaining, the ________ point indicates what a person would like to achieve out of a negotiation.

Answers

In the case of distributive bargaining, the target point indicates what a person would like to achieve out of a negotiation.

What is collective bargaining?

This is when an agreement is reached between employer and employees in an organization on issues that requires urgent attention.

Collective bargaining involves employees working together in an organization coming together to agree about some important matters.

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The retailing practice of integrating customer experiences across the physical and online channels is referred to as

Answers

The retailing practice of integrating customer experiences across the physical and online channels is referred to as Omni-channel retailing.

What is Omnichannel Retailing?

Omni-channel retailing describes a model in which clients are able to interact with multiple sales and media channels at once, and have their information retained by the retailer as they move between them.

For example, omni-channel retailing allows your clients to browse on a desktop, compare prices on a mobile device, then visit your brick-and-mortar location to finalize a purchase — all without having to restart their customer journey. The omni-channel retailing links together all channels, combining the showroom and the website to create a single, unified experience.

Therefore, we can conclude that the correct option is B. The retailing practice of integrating customer experiences across the physical and online channels is referred to as Omni-channel retailing.

Your question is incomplete, but most probably your full question was:

A. full-service retailing.

B. omni-channel retailing.

C. digital retailing.

D. multi-channel merchandising.

E. scrambled merchandising.

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As defined by sanford meisner, acting is, "living __________________in imagined circumstances.

Answers

Living turthfully in imagined circumstances is the answer. Sanford Meisner, an American theatrical professional, created the Meisner technique as a method of acting. The Meisner method aims to get the actor to put their attention on the other performers around them rather than on themselves.

In order to achieve this, several Meisner technique exercises are built on repetition, making the words appear trivial in comparison to the underlying feeling.

In the Meisner approach, the other actor is given more attention than one's own internal feeling or thoughts related to the character. Lee Strasberg method acting is distinct from Meisner technique.


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how is join stock company different from other organizations?​

Answers

A joint stock company is an particular legal entity, apart from the persons involved. It can own support and can because it is an entity it can sue or can be sued. Whereas a federation or a sole proprietor, it has no such legal reality apart from the person involved in it.

Why joint stock company is more relevant than other?

As compared to sole proprietorships and partnership firm, a joint stock company can earn huge amount of accounts. It encourages the mobilization of savings of millions for the productive purposes. Since its capital is separated into share of small value, even an ordinary investor can contribute to its capital.

What are the factors of joint stock companies?

The Companies Act 1956 defines a joint stock company as an insincere person created by law, having separate legal entity from its owner with an unchanging sequence and a common seal. Shareholders of Joint Stock Company have limited liability i.e liability limited by warranty or shares.

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Under a typical listing agreement, what duties does the broker and the sales agent owe to the seller

Answers

The duties of the broker and the sales agent owe to the seller are:-

Build relationships with your customers.negotiations with customers.processing sales transactions.analysis of data and market trends.processing of sales transactions;Evidence of solid understanding of the company's products or services.Networking to attract potential clients.

Sales agents are professionals your company hires to market your products and services while acting as brand spokespersons. Salespeople are often independent workers who earn commissions based on the amount they sell. Some salespeople work for commercial agencies that employ employees.

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After Hurricane Sandy, FEMA (the Federal Emergency Management Agency) advertised in a New Jersey radio station how people affected by the hurricane could file for assistance. In the political marketplace, the decision makers in FEMA are best characterized as:

Answers

After Hurricane Sandy, FEMA (the Federal Emergency Management Agency) advertised on a New Jersey radio station how people affected by the hurricane could file for assistance. In the political marketplace, the decision-makers in FEMA are best characterized as bureaucrats. This is further explained below.

What are bureaucrats?

Generally, Officials who operate in a huge administrative system are called bureaucrats.

In conclusion, Federal Emergency Management Agency (FEMA) advertised on a New Jersey radio station how residents impacted by Hurricane Sandy may apply for aid after the storm. FEMA's decision-makers are best described as bureaucrats in the political marketplace.

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Help please
The initial impact of the​ Fed's open market sale of government securities by the Federal Reserve is
A.
a fall in the money supply by some multiple of the dollar volume of the sale.
B.
a reduction of the commercial banking​ system's reserve deposits at the Fed.
C.
an increase in the money supply by some multiple of the dollar volume of the sale.
D.
an increase in commercial bank deposits at the Fed.

Answers

When there is a Fed open market sale, the initial impact is D. an increase in commercial bank deposits at the Fed.

What happens when the Fed sells securities?

When the Fed sells securities, the impact is that people will use dollars to buy the securities and so the volume of money in the economy will decrease.

The way this happens is that the Fed will take money from commercial banks which would increase commercial banking deposits at the Fed.

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Which of the following theories holds that multiple leadership variables determine the probability that leadership will occur, including the qualities of a leader, the characteristics of followers, and the nature of a situation

Answers

Leadership contingency theory is the theory that holds that multiple leadership variables determine the likelihood that leadership will occur, including the qualities of a leader, the characteristics of followers, and the nature of a situation.

What is leadership contingency theory?

It is an approach to the relationship between leadership styles and organizational structure, that is, an effective leader is one who aligns his management style with the place where he operates and his needs, in order to develop control, organization and cooperation. to achieve organizational objectives.

An effective leader will be one whose actions will serve as a reflection for the actions of his subordinates, who must practice ethical and responsible actions in favor of motivating and improving the perception of employees in relation to their functions and the company.

The leadership style must promote cooperation, feedback, communication and the creation of an organizational culture focused on the development of employee skills.

Therefore, according to contingency theory, a good leader is one who has a comprehensive view of the organizational systems he manages, providing support for the development, motivation and productivity of his team.

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Using the AND or OR statement, filter the employee table for employees who have a title starting with Sales and an address containing Ave. Identify the last name of the 3rd record. Steve Margaret Johnson Peacock

Answers

Answer:

can you be more clear with your question

Angelika is the Chief Operating Officer of One Spice Inc., a firm that grows and processes the Naga Viper pepper, one of the world's hottest peppers. Angelika wants to better understand the relationship between her firm's organizational culture and the ability to achieve competitive advantage. The relationship between these two states that

Answers

Relationship between these two states that a firm can achieve competitive advantage if their organizational culture follows the VRIO principles.

More about VIRO principles:

Abbreviation for the four-question framework consisting of "is the firm organised to capture value?" and "is it valuable, unusual, costly to imitate?" Usually, these four elements are treated in the manner of a decision tree It uncovers sustained competitive advantage

An organization often has two alternatives when trying to identify sources for a long-term competitive edge. It can either examine the internal elements (using Porter's Five Forces and PESTLE Analysis) or the external forces affecting the firm (BCG Matrix and Value Chain Analysis).

In the latter group, the VRIO Framework or VRIO analysis belongs.

It is a tool used in business to assess an organization's internal resources in order to establish and maintain a competitive edge.

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____ are the standard for business documents and come in both personal and network versions.

Answers

Laser projectors are the standard for business documents and come in both personal and network versions.

How do laser projections work?

The method that laser projection creates the image we see on screens is different from bulb-based projection. When using bulb-based projection, a panel must be illuminated by the light source (the bulb) in order to create the image. In contrast, laser projectors produce light using lasers.

Many people think that laser projectors represent the future of projectors because of the numerous advantages offered by this technique.

Nevertheless, consumers find laser projectors to be particularly appealing due to their many advantages over bulb projectors.

Minimal MaintenanceEnergy SavingsThrow Distance Greater Image Quality Overall.

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During ________, the project manager performs several activities to assess the size, scope, and complexity of the project and to establish procedures to support subsequent activities.

Answers

During  Project, initiation the project manager performs several activities to assess the size, scope, and complexity of the project and to establish procedures to support subsequent activities.

The developer engages in a number of tasks to determine the project's size, scope, and complexity and to set up the procedures that will support following tasks.Using a Work Breakdown Structure, project activities are defined as the initial planning activity. This activity's goal is to create a shared understanding of the project's scope. A sample work breakdown structure looks like this. It is a description of the work that needs to be done to finish a project's deliverables.What is the initiation phase?The initiation phase is the beginning of the project. In this phase, the idea for the project is explored and elaborated. The goal of this phase is to examine the feasibility of the project.

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A project manager is teaching one of her team members how to give and receive criticism. According to d. Quinn mills' eight good people management techniques, what is she doing?

Answers

According to D Quinn mills' eight good people management techniques, the team manager is trying to teach communication skills. The abilities you utilize when offering and receiving various types of information are known as communication skills. Examples include expressing fresh thoughts, emotions, or even an update on your project.

The four Cs of communication are listening, speaking, observing, and empathizing. Understanding the contrasts between face-to-face contacts, phone calls, and digital communications like email and social media is also beneficial. You can understand others and be understood by them if you have good communication abilities.

These may include, but are not limited to, offering and receiving constructive criticism, public speaking, and attentively listening during conversations.

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Too much inventory on hand a.increases the losses due to price declines b.ties up funds that could be used to improve operations c.increases the cost to safeguard the assets d.all of these

Answers

A correct option is an option (d) i.e., all of these

What do you mean by inventory?

The accounting of goods, components, and raw materials that a business either sells or utilizes in production are known as inventory. You use inventory management as a business leader to make sure you have enough goods on hand and to spot when there is a shortfall.

Why is keeping too little and too much inventory bad?

Inventory is bought to resell it for a profit, and keeping too much of it on hand can cause working capital to become locked up in items. As degradation happens and demands decline over time, inventory loses value and eventually loses money.

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An idea, opportunity or dream is the ________ of planning that managers begin with to plan.

Answers

An idea, opportunity, or dream is the foundation of planning that managers begin with to plan.

The planning process begins with setting goals. Goals are the end result that management wants to achieve through its activities. Goals are specific and can be measured in units.

When developing SMART operational goals, it is important to seek employee feedback throughout the process. Once set, it can be difficult for employees to understand and accept goals. Philip is the new manager of a 15-man manufacturing company.

Redesigned workspace to keep tools within reach of an idea, opportunity, or dream.

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a variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as an

Answers

A variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as a broker-dealer. This is further explained below.

What is a broker-dealer?

Generally, a member of the Stock Exchange who performs the duties of both a broker and a jobber.

In conclusion, An individual who wishes to sell variable life insurance must first get a license and then be designated as a life and variable contract agent in addition to being a broker-dealer.

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Most federal expenditures in texas go to education and health and human services. However, in order to receive these funds, texas must:______.
a) allow the federal government to manage these programs.b) implement progressive taxes in order to generate more revenue.c) coordinate efforts with neighboring states to achieve economies of scale.d) spend state money in these areas first.

Answers

For the federal government to fund education and health in Texas, the state government has to d) spend state money in these areas first.

How does Texas access federal funds?

Existing federal arrangements with Texas allow it to access federal funding in certain areas such as education, health, and human services.

In order to access these funds however, the Texas government needs to show a commitment to improving these areas by spending on them first.

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