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1. Based on what you learned in this lesson, match the following terms to their correct definitions:
1. Microeconomics
a. The study of individual economic actors. For example: how individuals,
households, or businesses interact economically
2. Scarcity
b. What must be given up in order to gain something else
3. Economics
C. The limited amount of necessary or desired resources
4. Macroeconomics
d. The study of large economic systems and how their decisions affect issues
such as unemployment, price, and trade
5. Incentive
e. Whatever makes a person act or choose
f. The study of how a society manages its scarce resources
6. Opportunity Cost
Answers: 1
Business, 22.06.2019 03:30, jose0765678755
Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.
Answers: 2
Business, 22.06.2019 05:30, mem8163
U. s. internet advertising revenue grew at the rate of r(t) = 0.82t + 1.14 (0 ≤ t ≤ 4) billion dollars/year between 2002 (t = 0) and 2006 (t = 4). the advertising revenue in 2002 was $5.9 billion.†(a) find an expression f(t) giving the advertising revenue in year t.
Answers: 1
Business, 23.06.2019 01:50, maddie7417
You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?
Answers: 3
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1. Based on what you learned in this lesson, match the following terms to their c...
Business, 21.09.2021 06:40
English, 21.09.2021 06:40