Substitute good - Study guides, Class notes & Summaries

normative statement an opinion that cannot be confirmed by referencing facts positive statement a statement that can be proved by referencing facts why are economic models used? theories cannot be tested in a controlled environment the basic economic problem scarcity - consumer wants are always greater than available resources opportunity cost the next best alternative foregone factors of production resources used by a firm in production list and define the factors of production lab...

ICH4801 Assignment 4 (COMPLETE ANSWERS) 2024 (390113) - DUE 20 August 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9......... Question 1 Section A is based on the extract from chapter 2 of the prescribed textbook (Seroto, Davids & Wolhuter 2020). Read the extract and then answer the questions that follow. Geographical focus of research and of authorship Scholars, analysts, progressive scholars and academics in all education sciences...

ICH4801 Assignment 4 (DETAILED ANSWERS) 2023 (642913) - DUE 31 October 2023.100% CORRECT questions, answers, workings and explanations.SECTION A: HISTORY OF EDUCATION [50] Question 1 Section A is based on the given extract from chapter 2 of the prescribed textbook (Seroto, Davids & Wolhuter 2020). Read the extract and then answer the questions that follow. Geographical focus of research and of authorship Scholars, analysts, progressive scholars and academics in all education sciences and beyond,...

LOC - ALERT (Correct Answer) - patient is responsive opens eyes spontaneously answers questions appropriately LOC - LETHARGIC (Correct Answer) - patient can open eyes and respond to questions falls asleep easily LOC - OBTUNDED (Correct Answer) - patient responds to light shaking is confused slow to respond LOC - STUPOROUS (Correct Answer) - patient barely responds to painful stimuli *example* rubbing sternum abnormal posturing may be prese...

 Question 1 Section A is based on the extract from chapter 2 of the prescribed textbook (Seroto, Davids & Wolhuter 2020). Read the extract and then answer the questions that follow. Geographical focus of research and of authorship Scholars, analysts, progressive scholars and academics in all education sciences and beyond, have expressed concern that the corpus of scholarly publications is dominated by researchers in the global world and that their focus is lopsided in favour of the Glob...

HRM3701 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 (585848) - DUE 26 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations Operational context NOVA Economics is a specialist economic and development consulting firm which employs 120 people, the consultants are all economists, financial analysts and computer scientists. Most of the staff are between their 30s and mid-40s many with master’s degrees and some with PhDs. Founded in 2002, NOVA Economics provides clients with ...

CON 3990 FAR Exam Practice Questions and Answers | Latest Update 2023/2024. FAR Part 2 -CORRECT ANSWER Definitions of Words and Terms FAR Part 3 -CORRECT ANSWER Improper Business Practices & Personal Conflicts of Interest FAR Part 4 -CORRECT ANSWER Administrative Matters FAR Part 5 -CORRECT ANSWER Publicizing Contract Actions FAR Part 6 -CORRECT ANSWER Competitive Requirements FAR Part 7 -CORRECT ANSWER Acquisition Planning FAR Part 8 -CORRECT ANSWER Required Sources of Supplies and Servic...

Final Exams ECON 1580 Introduction to Economics Question 1 If the price of chocolate-covered peanuts increases and the demand for strawberry licorice twists increases, this indicates that these two goods are: a. unrelated goods. b. superior goods. c. inferior goods. d. substitute goods. Question 2 A decrease in the demand facing a monopoly firm would _______ quantity and _______ price. The demand is inelastic. a. increase; increase b. increase; decrease c. decrease; increase d. decrease; decreas...

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...

Ambiguity A possible double meaning that may confuse a listener or reader Colloquial Used in some dictionaries to label words appropriate only in informal speech Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:00 Full screen Consistency The result of staying within one pattern and avoiding confusing shifts in tense or grammatical perspective Convention the customary way of doing things; what a reader or list...