How does consumer sovereignty determine the types and quantities of the goods produced in a market economy?

How does consumer sovereignty determine the types and quantities of the goods produced in a market economy? Consumer sovereignty (demand) determines the types and quantities of goods to be produced given the scarce resources of the economy. Consumers spend their income on the goods and services that they most want. Consumers’ dollar votes determine which […]

Why is the role of entrepreneurs much more important in the new growth theory than in the traditional economic growth model?

Why is the role of entrepreneurs much more important in the new growth theory than in the traditional economic growth model? In the new growth​ theory, entrepreneurs play a key role in the development and adoption of new and sometimes untried technologies. Technological change shifts up the​ per-worker production function and allows an economy to […]

Which of the following would not be an indicator that an English language learner has reached a high oral proficiency?

Which of the following would not be an indicator that an English language learner has reached a high oral proficiency? Which of the following would NOT be an indicator that an English language learner has reached a high oral proficiency? Listening and understanding the message of most speakers is an indicator of high oral proficiency. […]

What is the ability to analyze and diagnose a problem situation and distinguish between cause and effect?

What is the ability to analyze and diagnose a problem situation and distinguish between cause and effect? Answer: “conceptual” {skills”} . What is the ability of one organization to outperform its competitors because it produces desired goods or services more efficiently and effectively than they do? Competitive advantage is the ability of one organization to […]

What state capital is Madison?

What state capital is Madison? Wisconsin What is Wisconsin’s capital city? Madison Where in the USA is Wisconsin? Wis., Wisc. listen)) is a state in the upper Midwestern United States, bordered by Minnesota to the west; Iowa to the southwest; Illinois to the south; Lake Michigan to the east; Michigan to the northeast; and Lake […]

What is the amplitude of a wave?

What is the amplitude of a wave? Amplitude, in physics, the maximum displacement or distance moved by a point on a vibrating body or wave measured from its equilibrium position. It is equal to one-half the length of the vibration path. Which equation represents the formula for the speed of a wave? speed = wave […]

Which of the following is a universal standard that allows various digital imaging devices to work together within a network no matter who the manufacturer?

Which of the following is a universal standard that allows various digital imaging devices to work together within a network no matter who the manufacturer? Physics of Radiography Question Answer What is the unit of radiation exposure in air Roentgen 266. What is the universal standard that allows various digital imaging devices to work together […]

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