Types of economies - Study guides, Revision notes & Summaries

Ch. 11 - ANSWERResidential Land Uses Types of Residential Development - ANSWER1. Single-family detached -> privacy, elbow room, best resale value 2. Single-family attached -> lower development costs per unit, higher density, less yard work, shorter utility lines (town houses, plexes, patio or zero-lot-line) 3. Multifamily -> don't need a down payment, no maintenance/yard work, allow you to live in certain areas you normally couldn't (condos and coops) 4. Manufactured ho...

WGU C211 Economics Pre-Assessment 2024 What are the weaknesses of the theory of mercantilism? Choose two. - ANSWER The theory leads to inefficient allocation of resources. Application of the theory reduces the wealth of the nation in the long run. What is the bandwagon effect? - ANSWER The movement of investors in the same direction at the same time. A country...

Dustin Cole SCMN 3730 Final Exam with Verified Answers Kraljic's purchasing matric High : Leverage, Strategic Low: Non- Critical, Critical/Bottle Neck Low,High Kraljic's purchasing requirements and focus - Strategic item's - Bottleneck item's - Leverage item's - non-critical item's Kraljic's management types - Focus - KPI - Typical Suppliers - Time Horizon - Item's purchased - Supply - Decision authority economies of scale Occur when costs per unit decline as th...

International Business: The New Realities, 4e (Cavusgil) Chapter 3 The Cultural Environment of International Business 1) ________ refers to the values, beliefs, customs, arts, and other products of human thought and work that characterize the people of a given society. A) Ethnicity B) Heritage C) Culture D) Race Answer: C Diff: 1: Easy Skill: Concept Objective: 3-1: Understand culture and cross-cultural risk AACSB: Analytical Thinking; Diverse and Multicultural Work 2) Jor...

WGU D080 Managing in a Global Business Environment 2023/2024 with complete solution Questions What is globalization? The key element of globalization is interdependence and interconnectedness among companies and countries around the globe. Globalism is characterized by an increasing number of worldwide connections, rapid and discontinuous change, an increasing number of diverse participants, and growing complexity. What are the economic, political, and cultural effects of globalization? ...

IDIS 343 Exam 2 Latest Update Graded A+ Carrying Cost cost for carrying inventory over time the primary cost is the cost of money tied up in inventory, but also includes obsolescence, insurance, personal property taxes, and storage costs Procurement Costs cost of preparing the order, order transmission, production setup, materials handling/ processing at the receiving dock price of goods Out-of-stock Costs include lost sales cost & backorder cost Lost Sales Cost profit imm...

BSNS 113 Final Exam Revision Questions And Correct Answers. Perfect Solution For Your Exam Preparation. "Economy-wide phenomena including inflation, unemployment and economic growth" is what type of economics? Macroeconomics "The study of how house holds and firms make decisions and how they interact in markets" is what type of economics? Microeconomics What is Positive Analysis? A statement describing how something is What is Normative Analysis? A statement describing how somethin...

wgu c211 global economics exam questions with 100% correct answers 2024 which view claims that the phenomenon of globalization was initially driven by the Western economies to exploit their Powers through Multinational Enterprises - ANSWERS "New" force view economic gaines from international trade because one countries exported Goods, services or other items are unique, valuable and difficult to duplicate to the important countries. which view does this statement portray? - ANSWERS ...

EDF 6223 Exam 2 Questions and Answers 100% Solved With an understanding of the imitation process, applied behavior analysts can use imitation as an intervention to: a.) Eliminate Old Behaviors b.) Evoke New behaviors c.) Create teaching sequences d.) Reinforce appropriate behaviors b.) Evoke New behaviors Regardless of the behavior modeled, the objective of imitation training is for the learner to do what? a.) What the model does b.) What the trainer asked or commanded c.) What behavior fits t...

Types of Resources correct answers - Labor - Capital (Equipment) - Natural Resources - Entrepreneurial Ability Positive Economics correct answers - Assertion of fact - Law - What is Normative Economics correct answers - Opinion - Belief - What should be Law of Comparative Advantage correct answers If economies specialize and produce where they have the lowest opportunity cost, both economies can be better off. The Three Big Questions correct answers 1.) What to produce? (How m...