1. |Each of the following is an example of an economic resource except | | |A) |land. | |B) |money. | |C) |capital. | |D) |labor.
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1. Economic theory is a valuable tool for business decision making because it Answer identifies for managers the essential information for making a decision. assumes away the problem. creates a realistic‚ complex model of the business firm. provides an easy solution to complex business problems. 0.2 points Question 2 1. Economic profit is Answer the difference between total revenue and the opportunity cost of all of the resources used in production. the
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Question 1 1. Following C. Wright Mills‚ sociologists refer to breaking free from the immediacy of personal circumstances and putting things in a wider social context as the: a. sociological imagination b. psychologization process c. emergence theory d. recognition of self e. accumulation of capital 1 points Question 2 1. According to the text‚ __________ involve constructing abstract interpretations that can be used to explain a wide variety of situations. a
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Score for this quiz: 14 out of 20 Submitted May 18 at 8:28pm This attempt took 20 minutes. Question 1Correct! 2 / 2 pts In 1980‚ Goldsmith predicted what healthcare would look like in the future. Which of the following did he NOT forecast‚ as listed in your text? In 1980‚ Goldsmith predicted what healthcare would look like in the future. Which of the following did he NOT forecast‚ as listed in your text? Problems of the uninsured Expanded role of government financing *Undersupply
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1 of 20 Which of the following conclusions would sociologists most likely agree upon when discussing the importance of the sociological perspective? It opens a window to unfamiliar worlds and offers a fresh look at familiar worlds. It verifies our basic assumptions about life and the need to focus on human needs. It challenges cultural tradition to provide a new framework of human understanding. It enforces social solidarity and expands the importance of the social imperative.
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each of its open registers. The helpers recorded the time (in minutes) using a stop watch‚ starting when a customer first arrived at a line and ending when they had paid and received their receipt. The average time for the sample was 6.5 minutes. Answer each of the following questions pertaining to the above paragraph. (40 points) a) Identify the population being targeted by this study. a. The population targeted is all of the customers shopping at Wegmans on that particular day. b) Identify the
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1. | Question : | The totality of a group’s thought‚ experiences‚ and patterns of behavior transmitted over the course of generations is part of the definition of: | | | Student Answer: | | cultural identity | | | | culture | | | | norms | | | | race | | | | Points Received: | 4 of 4 | | Comments: | | | | 2. | Question : | In Hofstede’s categorization of elements of culture‚ a country’s Independence Day parades would be an example of: | | | Student
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Chapter 1 - Speaking in Public 1.Speakers should focus on the message they are expressing more so than how the audience is responding to the message. – False 2.Messages are usually transmitted from sender to receiver through audience and listener channels. – False 3.Smiles‚ head nods‚ eye contact‚ and clapping from audience members are all forms of feedback. 4.An ethical speaker considers the moral impact their ideas and arguments have on their listeners. 5.“Care and concern for others‚ the
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1. Complete the analogy: Sensation is to detection as perception is to interpretation. 2. Although Remi was sitting right next to his parents‚ he smelled a skunk minutes before they did. Explain. a Apparently Remi has a lower absolute threshold for skunk odor his parents have. 3. Greg’s bag of marbles is twice as heavy as Steven’s. If it takes 5 extra marbles to make Steven’s bag feel heavier‚ it will take 10 extra marbles to make Greg’s bag feel heavier. What does this best illustrate? 4.
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1. According to the IS-LM model‚ what happens in the short run to the interest rate‚ income‚ consumption‚ and investment under the following circumstances? (Assume everything else is held constant.) a. The central bank decreases the money supply. i. The interest rate ________increases_______________________ ii. Income ____________decreases__________________________ iii. Consumption ___________decreases______________________ iv. Investment ___________decreases________________________
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