Microeconomics

A. is generally too complex and abstract to be of much use in making real-world business decisions.
B. studies the behavior of individual economic units or segments of the economy.
C. contributes to the understanding of ordinary business practices or tactics.
D. all of the above.
E. both b and c.

Answer: E

Economics

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Refer to Figure 13.1. Assume the voting method used to select a location for the recreation center is the Condorcet method. In the first round of voting, the residents of the 4 towns can choose between Glacier Cove and Mountain View

The winner of that vote will receive ________ votes. A) 150 B) 285 C) 405 D) 480

Economics

If you wanted to investigate whether a country was successfully developing, what information would you look for? What qualifications might you have to make to the data you have put together?

What will be an ideal response?

Economics