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What is the basic assumption of economics?
they lik money
A basic assumption of economics is?
A rational self-interest.
What basic assumption did mercantilists hold about their colonies?
Lick a nut
What is the behavioral assumption of the modern financial-economic theory?
The behavioral assumption of the modern financial-economic theory runs counter to the ideas of trustworthiness, loyalty, fidelity, stewardship, and concern for others that underlie the traditional principal-agent relationship.
Which is a dimension or assumption of the marginal-utility theory of consumer behavior?
The consumer has a small income.
What is the basic assumption of the kinetic theory?
The basic assumption of the kinetic theory of matter is that all matter is made up of particles (atoms or molecules) that are in constant motion. This motion increases with temperature and decreases with lowered temperature.
What is a basic assumption of the kinetic molecular theory?
A basic assumption of the kinetic molecular theory is that gas particles are in constant random motion and collide elastically with one another and with the walls of their container. This theory also posits that the volume of the individual gas particles is negligible compared to the volume of the container, and that there are no intermolecular forces acting between the particles. Additionally, the average kinetic energy of the gas particles is directly proportional to the temperature of the gas in Kelvin.
An is a principle that has been scientifically verified?
An axiom is a statement that is accepted as true without needing proof. It serves as a basic assumption in a system of logic or mathematics and is used to derive other statements.
What are the basic assumptions in accounting?
Economic Entity Assumption Going Concern Assumption Monetary Unit Periodicity(Time Period) Assumption
What is the basic assumption of economics?
they lik money
Which basic assumption is illustrated when a firm reports financial results on an annual basis?
Periodicity assumption.
Which theory of congressional behavior is based on the assumption that members want to get reelected?
Ambition Theory.
An assumption based on limited information or knowledge?
theory
What is different between theory and a hypothisis?
Hypothesis is an assumption. If approved by scientific methods, they can become theories. Therefore, hypothesis is under theory - hypothesis is usually a mathematic assumption.
Which basic assumption may not be followed when a firm in bankruptcy reports financial results?
Going concern assumption.
A basic assumption of economics is?
A rational self-interest.
What is a basic assumption that is accepted without proof?
A postulate.
