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Who are the decision makers of a circular flow model?

households


What is constraint on business activity?

a constraints limits or prevents a business from taking a certain decision or behaving in a particular way. there maybe economics , legal , technology & environmental constraints on business activity .


What are the key words of microeconomics what is the universal economic problem?

Microeconomics is the branch of economics that study decision making by a single individual, household, firm, industry or level of government. Microeconomics applies a microscope to study specific part of an economics. The focus is on small economics units, such as economics decision of particular group of consumer and Businesses. Microeconomics is the branch of economics that study decision making by a single individual, household, firm, industry or level of government. Microeconomics applies a microscope to study specific part of an economics. The focus is on small economics units, such as economics decision of particular group of consumer and Businesses.


Identify two predictors of future economic activity that are available to managers for decision making?

economic statistic and business confidence indices


What is the relationship between marginal cost and benefit in decision-making processes?

The relationship between marginal cost and benefit in decision-making processes is that individuals or businesses should continue an activity as long as the marginal benefit exceeds the marginal cost. This means that the additional benefit gained from one more unit of an activity should be greater than the additional cost incurred. By comparing these two factors, decision-makers can determine the optimal level of output or resource allocation.

Related Questions

Relationships between a healthy ecosystem and interdependency?

you save the planet in your way and it is you decision to do something about it


What is meant by household decision making how can different members of the household be involved with the different stages of the decision process in the purchase of a car?

what is meant by household decision making how can different members of the household be involveld with the different stages of the decision process in the purchase of a car


Financial decision of household and corporation?

financial ecision of household and corporation


Who are the decision makers of a circular flow model?

households


Classify your household with the terms you learned in the previous activity?

My household can be classified as a nuclear family, consisting of two parents and their children. We share responsibilities and decision-making, promoting a collaborative environment. Additionally, we engage in various communal activities that strengthen our bonds and foster a sense of belonging. Overall, our household reflects a supportive and interconnected family structure.


How much more or less of an activity to pursue is decision?

Yes, it is.


Why does marginal costs exist?

because the decision to engage in one activity means forgoing some other activity


When Communication becomes circular?

the channel is clear


Does Payton v New York decision still stand?

The Supreme Court decision in this case was that the 4th amendment was violated, and emphasized that a warrantless entry into a private household was unconstitutional. So yes, the decision still stands.


Should the woman always be in control of the household finance?

I feel that this is very much a matter of individual decision. For example it would not make much sence for the woman to be in control of the household finances if the man is an accountant.


What activity will you do for a lifetime How will you plan for it and what personal decision will you consider in achieving the plan?

The activity that I would love doing for a lifetime is playing tennis, and how I plan to do this is by regular exercises.


The measured action of an activity?

The measured action of an activity refers to quantifiable data or metrics that capture the performance or outcome of that activity. It can provide valuable insights into the effectiveness, efficiency, and impact of the activity, helping to inform decision-making and improvement strategies.