“In fact, production theory is much simpler than consumption theory because the output of a production process is generally observable, whereas the “output” of consumption (utility) is not directly observable”. Explain this statement.

Answers

Answer 1

Answer:

Since the output of consumption is most likely waste it is hard to track where the waste is going. Whereas with production theory the output is the product which goes to the consumer. This is much more easy to observe and is therefore "directly observable."

Explanation:


Related Questions

Just doing something...

Answers

Answer:

“Birth of a Nation”—D. W. Griffith’s disgustingly racist yet titanically original 1915 feature—back to the fore. The movie, set mainly in a South Carolina town before and after the Civil War, depicts slavery in a halcyon light, presents blacks as good for little but subservient labor, and shows them, during Reconstruction, to have been goaded by the Radical Republicans into asserting an abusive dominion over Southern whites. It depicts freedmen as interested, above all, in intermarriage, indulging in legally sanctioned excess and vengeful violence mainly to coerce white women into sexual relations. It shows Southern whites forming the Ku Klux Klan to defend themselves against such abominations and to spur the “Aryan” cause overall. The movie asserts that the white-sheet-clad death squad served justice summarily and that, by denying blacks the right to vote and keeping them generally apart and subordinate, it restored order and civilization to the South.

“Birth of a Nation,” which runs more than three hours, was sold as a sensation and became one; it was shown at gala screenings, with expensive tickets. It was also the subject of protest by civil-rights organizations and critiques by clergymen and editorialists, and for good reason: “Birth of a Nation” proved horrifically effective at sparking violence against blacks in many cities. Given these circumstances, it’s hard to understand why Griffith’s film merits anything but a place in the dustbin of history, as an abomination worthy solely of autopsy in the study of social and aesthetic pathology.

Explanation:

Based on endosymbiotic theory, what cell would result from the endosymbiotic of a cell with a cyanobacterium?

Answers

STAN EVERGLOW

1. STREAM PIRATE

STAN TWICE

1. STREAM SCIENTIST

STAN IVE

1. STREAM ELEVEN

STAN THEM FOR BETTER LIFE !!

Select two symbols that represent a statistic.

a.)
mu

b.)
x with bar on top

c.)
p with hat on top

d.)
p

e.)
sigma


need 2 answers

Answers

Answers: Choice B and Choice C

========================================================

Explanation:

The symbol [tex]\mu[/tex] or mu represents the population mean, which is a parameter.

The symbol [tex]\sigma[/tex] or sigma represents the population standard deviation, which is also a parameter. The same goes for the symbol p, without any hat on top, as it is the population proportion.

If something represents a population data item, then it's automatically a parameter. It might help to think both words "population" and "parameter" start with the letter P.

Based on those previous paragraphs, we can rule out choices A, D and E. Those three items are parameters. This leaves choices B and C as our final answers.

[tex]\overline{x}[/tex] or xbar is a sample statistic, and it represents an estimate of the population mean. Similarly, [tex]\hat{p}[/tex] or p-hat is the sample proportion and it represents an estimate of the population proportion. These are considered unbiased estimators.

Another example of an unbiased estimator is the variable s which represents the sample standard deviation and it estimates the value of sigma. All of these estimators have one thing in common: they are based on a sample, which in turn tries to predict what the corresponding population value is. In other words, the statistic's job is to estimate the parameter.

Below is a reference table for all of the items mentioned.

A parameter, represented by the symbol mu, is the population mean.

Thus, The population standard deviation, another parameter, is denoted by the letter sigma. The symbol p, which stands for population proportion and has no hat on top, is equivalent.

Something is inherently a parameter if it represents a population data item. It could be helpful to remember that the words "parameter" and "population" both begin with the letter P.

We can eliminate options A, D, and E based on the sentences above. These three things are constraints and parameter. This leaves B and C as our only remaining options. In a similar manner, or p-hat is the sample proportion and it and population.

Thus, A parameter, represented by the symbol mu, is the population mean.

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Since an instant replay system for tennis was introduced at a major​ tournament, men challenged 1415 referee​ calls, with the result that 425 of the calls were overturned. Women challenged 755 referee​ calls, and 210 of the calls were overturned. Use a 0.05 significance level to test the claim that men and women have equal success in challenging calls. Complete parts​ (a) through​ (c) below.
a. Test the claim using a hypothesis test.
Consider the first sample to be the sample of male tennis players who challenged referee calls and the second sample to be the sample of female tennis players who challenged referee calls. What are the null and alternative hypotheses for the hypothesis​ test?
A.
H0​: p1=p2
H1​: p1≠p2
B.
H0​: p1≠p2
H1​: p1=p2
C.
H0​: p1=p2
H1​: p1 p2
F.
H0​: p1≤p2
H1​: p1≠p2
Identify the test statistic.
z=nothing
​(Round to two decimal places as​ needed.)
Identify the​ P-value.
​P-value=nothing
​(Round to three decimal places as​ needed.)
What is the conclusion based on the hypothesis​ test?
The​ P-value is

less than
greater than
the significance level of α=0.05​, so

reject
fail to reject
the null hypothesis. There

is not sufficient
is sufficient
evidence to warrant rejection of the claim that women and men have equal success in challenging calls.
b. Test the claim by constructing an appropriate confidence interval.
The 95​% confidence interval is nothing ​(Round to three decimal places as​ needed.)
What is the conclusion based on the confidence​ interval?
Because the confidence interval limits

include
do not include
​0, there

does
does not
appear to be a significant difference between the two proportions. There

is sufficient
is not sufficient
evidence to warrant rejection of the claim that men and women have equal success in challenging calls.
c. Based on the​ results, does it appear that men and women may have equal success in challenging​ calls?
A.
The confidence interval suggests that there is a significant difference between the success of men and women in challenging calls. It is reasonable to speculate that women have more success.
B.
The confidence interval suggests that there is a significant difference between the success of men and women in challenging calls. It is reasonable to speculate that men have more success.
C.
The confidence interval suggests that there is no significant difference between the success of men and women in challenging calls.
D.
There is not enough information to reach a conclusion.

Answers

The answer is c its not i just need points

I'm so sorry I know this is long but can someone please help me with this?I would be forever grateful

John is a 35-year-old male (he/him) administrative assistant who enjoys playing baseball on weekends. During one of their games, John began running from first to second base. As he pushed off to start running, John heard a pop and felt a sharp pain in his right calf as though he had just been kicked in the back of his leg. John fell to the ground and experienced significant pain when putting weight on his right leg. John tried to walk but had to be carried off the field and was taken to the emergency department. At the hospital, it was noted that John had significant swelling at the back of his right leg, had a palpable and visible deformity in the distal calf, and was only able to put small amounts of weight on his right leg. The emergency doctor squeezed the back of John’s right calf and noticed that the ankle would not plantarflex. An x-ray and blood work were ordered which came back without any significant findings.”


Case Study Questions:
1. Explain the possible anatomical structures that were affected by the injury and how each relates to John’s presenting symptoms and test results

2. Identify and explain three differential diagnoses (diseases or conditions that present similar signs and symptoms that could possibly account for the patient's symptoms) with appropriate justifications. After describing your three differential diagnoses, indicate the most likely diagnosis based on your analysis and provide rationale and support for your selection.

3. From an anatomy point of view:
a) Propose a management plan for the most likely diagnosis. This should include the treatment options you would implement given your patient's presenting symptoms. You should provide short- and long-term goals for the patient and a timeline on when you would implement each treatment. There may be several possible treatments you could prescribe to your patient. Include support, justification, and evidence for your prescribed treatment(s) and management plan.

b) Explain the effects of your management plan for your patient's condition. From the management plan you've proposed, what effects will each treatment have on the patient's anatomy? Include any positive and negative effects this plan may have on the patient.

Answers

Answer:

o

Explanation:

g

THIS IS AN ECONOMICS QUESTION
TRUE OR FALSE
The law of demand says that as the income of the consumer changes the demand will change in direct proportion to the income change.

Answers

Answer:

I believe this is true

Explanation:

mark me brainlist

Answer:

The question is really a maybe question

Explanation:

Because it is not always all the time that they increase your tax because of your  income.They are some times that they give you higher tax for their own benefit so they can higher it to any amount,

Answer 2 :

No

Explanation 2

There is no way that they put it to your direct income if they do they just choose to make you loose all your money to be able to provide for him or herself and their family

Mark is using a one-sample t-test on the following group:

Subject #15: 7.5 hours
Subject #27: 6 hours
Subject #48: 7 hours
Subject #80: 6.5 hours
Subject #91: 6.5 hours
Subject #59: 7 hours

Select the two TRUE statements.

a.)
The value for the degrees of freedom for Mark's sample population is six.
b.)
The t-distribution that Mark uses has thinner tails than a standard distribution.
c.)
Mark would use the population standard deviation to calculate a t-distribution.
d.)
The t-distribution that Mark uses has thicker tails than a standard normal distribution.
e.)
The value for the degrees of freedom for Mark's sample population is five.

Answers

Answer: The answer is A and D.

Explanation: I

just did this question!

The value for the degrees of freedom for Mark's sample population is six. The t-distribution that Mark uses has thicker tails than a standard normal distribution. The correct options are A and D.

What is a t-test?

When the population standard deviation is unknown, the student's t-test is a statistical tool for assessing assumptions about the mean of a small sample taken from a normally distributed population.

A statistical test called a t test is employed to compare the means of two groups. It is frequently employed in hypothesis testing to establish whether a procedure or treatment truly affects the population of interest or whether two groups differ from one another.

Using a one-sample t-test, Mark Six is the number of degrees of freedom that apply to Mark's sample population. Mark employs a t-distribution, which has thicker tails than a typical normal distribution.

Thus, the correct options are A and D.

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Select two symbols that represent a parameter.

a.)mu

b.)x with bar on top

c.)sigma

d.)p with hat on top

e.)s

Answers

Answer:

b

Explanation:

The two symbols that represent a parameter are x with the bar on top and sigma. Thus, the correct options for this question are B and C.

What do you mean by Parameters?

Parameters may be defined as arbitrary constants whose value characterizes a member of a system. It is a special kind of variable that is significantly utilized in a function in order to refer to one of the pieces of data provided as input to the function.

These pieces of data are the values of the arguments with which the function is going to be called/invoked. These sets of instructions are governed through the reference and are hence known as parameters.

X with the bar on top and sigma represents the set of parameters in the computer and technology that performs several sets of instructions and functions with respect to each other.

Therefore, the two symbols that represent a parameter are x with the bar on top and sigma. Thus, the correct options for this question are B and C.

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The act English test assesses your knowledge
Of ______
* organization and structure
* usage and mechanics
* rhetorical skills
* style and clarity

Answers

organization and structure

Answer:

The act English test assesses your knowledge

Of ______

Organization and structure

Ten numbered balls are placed in a box. The balls numbered 1–4 are blue and those numbered 5–10 are red. What is the probability that a ball drawn at random from the box is blue?

Answers

Answer: If 5- 10 is red and 1-4 of them are blue I would say that 7 of them are red and 3 are blue because the probility of it having more than3 would be rare an out of ordinary Hope this helps if not please tell me what the answer options are.

Explanation:

Have a great day

Answer:7

Explanation:

What would be your solution to improving the national debt in the United States?

Answers

Answer:

Bailouts and debt defaults can also help a government solve a debt problem, but these approaches have notable drawbacks as well.

Issuing Debt With Bonds.

Interest Rate Manipulation.

Instituting Spending Cuts.

Raising Taxes.

Lowering Debt Successes.

National Debt Bailout.

Controversy with Every Method.

Explanation: bIg BrAiN

Does anyone know how to solve this

Answers

[tex] \red{ \rule{1000pt}{9000000pt}}[/tex]

It’s A, (-1.0) on the x-axis

The process described in your text in which people seek to maximize strengths and gains and minimize losses due to aging is termed

Answers

Based on research analysis, the process described in the text in which people seek to maximize strengths and gains and minimize losses due to aging is termed "Optimal Aging."

What is Optimal Aging?

Optimal Aging is widely referred to as the capability to perform conditions like physical, functional, cognitive, emotional, social, and spiritual.

Optimal Aging is a process carried out by individuals to get fulfillment regardless of their current medical conditions.

Things that lead to Optimal Aging

Various natural activities lead to Optimal Aging, some of which are the following:

ExerciseNutritionSleepAvoidance of disease-causing agents, etc.

Hence, in this case, it is concluded that the correct answer is Optimal Aging.

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What is the median of 12, 9 , 16, 1, 6 , 5, 84

Answers

The median of your data would be 9.

First, align the numbers from least to greatest:

1, 5, 6, 9, 12, 16, 84

Next, identify which number is in the middle; if you have a hard time figuring that out you may want to strikethrough numbers on both sides until you have only one number left—that would be your median per se (i.e., 9 is the median of this data set).

[tex]\huge\text{Hey there!}[/tex]

[tex]\large\text{When you hear the word \underline{median} think of the question asking you }\\\large\text{what is the MIDDLE number. To find the median/middle number}\\\large\text{you have to put the numbers from descending (least) or ascending}\\\large\text{(greatest) order. }[/tex]

[tex]\large\text{12, 9, 16, 1, 6, 5, \& 84}\\\large\text{= 1, 5, 6, 9, 12, 16, \& 84}\\\\\large\text{If the numbers are ODD the data will have a single number.}\\\large\text{If the numbers are EVEN the data will have two numbers.}\\\\\large\text{It seems to be even around the number 3 numbers surrounding}\\\large\text{around the number \underline{\underline{9}}. So that could possibly be your median}\\\large\text{or middle number}\\\\\boxed{\boxed{\huge\text{Therefore, your answer is: \bf 9}}}\huge\checkmark[/tex]

[tex]\huge\text{Good luck on your assignment \& enjoy your day!}[/tex]

~[tex]\frak{Amphitrite1040:)}[/tex]

THIS IS A ECONOMICS QUESTION

Lawns produce no crops but occupy more land (25 million acres) in the United States than any single crop such as corn or wheat. Does this mean the United States is producing inefficiently (inside the production possibilities curve)? Explain your answer.

Answers

Answer:In most U.S. states, there could be more lawn than any single irrigated crop. Hay predominates in the West, however, and in Nebraska and Kansas, there are more acres of corn than anything else

Explanation:

Lawns produce no crops but occupy more land (25 million acres) in the United States than any single crop such as corn or wheat. This means that the US is operating inefficiently and hence is at a point inside the production possibility curve.

What is Production possibility curve?

The production possibilities curve is a graph which shows all of the different combinations of the output made which can be produced given the current resources and technology. In total, there are three types of production possibility curves. Namely, the straight line sloping down in the form of concave and convex graph.

In most of the U.S. states, there could be more lawn than any single irrigated crop. This decrease in the production possibilities curve means that the U.S. is operating inefficiently and hence it is at a point which isi inside of the production possibility curve in the graph.

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Gina owns a home in Atlanta. Every year, she pays (5 points)
A) personal property tax
B) corporate income tax
C) marginal tax
D) sales tax

Answers

Answer:A. Personal property tax

Explanation:

Gina owns a home in Atlanta. Every year, she pays personal property tax.

What is property tax?Property tax is defined as paid by a single entity on an owned property.Property tax is a tax paid on property owned by an individual or other legal entity, such as a corporation, school, or organization. Personal property taxes, also known as property taxes, are a form of taxation on what is said to be personal property. Personal property is defined as any flexible property that is not attached to a home or building. The requirements for personal property tax differ from state to state and mostly work on businesses.

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What is a representative​ sample, and why is it​ important?

Answers

A representative sample allows researchers to abstract the collected information to a larger population. Most market research and psychological studies are unsuitable in terms of time, money, and resources to collect data on everyone.

Please help!! I need to know this by today!

Answers

The answer is B. 24. This is because since 72 is 3 times 24, you also have to multiply the triangle by 3. This equals 24.

what is 4 * 6?
I will give 200 dollars ​

Answers

Answer:

24

Explanation:

If 7 men 5 women have applied for job and 3 applicants are randomly selected from the probability that 2 are men how many WOmen?
.

Answers

The probability of selecting 2 men and a woman is  [tex]\frac{21}{44}[/tex]

The sample space is made up of 7 men and 5 women. So we have a total of 12 people.

If 3 applicants are randomly selected without replacement, there will be three mutually exclusive possibilities;

[tex]MMW=\text{Event that a Man, then Man, then Woman is selected}\\MWM=\text{Event that a Man, then Woman, then Man is selected}\\WMM=\text{Event that a Woman, then Man, then Man is selected}\\[/tex]

The final probability will have the form

[tex]P(\text{2 men and 1 woman})=P(MMW)+P(MWM)+P(WMM)[/tex]

because the possibilities are mutually exclusive.

Computing the Probability of each possibility

Each mutually exclusive possibility is made up of dependent events. This is because when selection is done without replacement, it affects the size of the sample space.

The Probability of selecting a Man, then a Man, then a Woman is

        [tex]P(MMW)=\dfrac{7}{12}\times\dfrac{6}{11}\times\dfrac{5}{10}\\\\=\dfrac{7}{44}[/tex]

The Probability of selecting a Man, then a Woman, then a Man is

        [tex]P(MWM)=\dfrac{7}{12}\times\dfrac{5}{11}\times\dfrac{6}{10}\\\\=\dfrac{7}{44}[/tex]

The Probability of selecting a Woman, then a Man, then a Man is

        [tex]P(MWM)=\dfrac{5}{12}\times\dfrac{7}{11}\times\dfrac{6}{10}\\\\=\dfrac{7}{44}[/tex]

Calculate the Probability of getting two men and a woman

The final probability is

[tex]P(\text{2 men and 1 woman})=P(MMW)+P(MWM)+P(WMM)\\\\=\dfrac{7}{44}+\dfrac{7}{44}+\dfrac{7}{44}\\\\=\dfrac{21}{44}[/tex]

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Match Term to Definition

Question 5 options:

4
Premium


Marketing


Product


7
Promotion


Service


2
Packaging


Public Relations


5
Price


Purpose


Placement

1.
the process of communication the value of a product or service to customers

2.
the technology and the art of enclosing or protecting products for distribution, storage, sale and use

3.
where you sell your product; the stores you choose and the location in the store

4.
promotional items that are linked to a product that often require box-tops or other proof of purchase plus shipping and handling payment in order to acquire them

5.
The amount of money that a product or service will be bought or sold for

6.
A thing that you can touch or a service that you can offer which is sold to your customers.

7.
they way in which you are going to advertise your products or service

8.
the promotion of a favorable image between a business and the public

9.
the reason or the goal; the thing you are trying to accomplish

10.
meeting a need with words or actions instead of tangible products

Answers

Answer:

1. marketing

2. packaging

3. placement

4. premium

5. market price

6. product

7. public relations

8. promotion

9. purpose

10. service

The correct match of the terms with their definitions are:

1. the process of communication of the value of a product or service to customers - marketing.

What is marketing?

Marketing is the activity, collection of institutions, and procedures for producing, conveying, delivering, and exchanging value-added offerings for customers, clients, partners, and society as a whole.

2. the technology and the art of enclosing or protecting products for distribution, storage, sale, and use - packaging.

3. where you sell your product; the stores you choose and the location in the store - placement

4. promotional items that are linked to a product that often require box-tops or other proof of purchase plus shipping and handling payment in order to acquire them - premium

5. The amount of money that a product or service will be bought or sold for - market price.

6. A thing that you can touch or a service that you can offer which is sold to your customers - a product.

7. they way in which you are going to advertise your products or service - public relations

8. promotion

9. the reason or the goal; the thing you are trying to accomplish - purpose.

10. meeting a need with words or actions instead of tangible products - service

Therefore, the terms and the definitions are matched above.

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During crawfish season, Xavier sells crawfish for $62.50 per sack and charges a $20.00 delivery fee. Write an equation that could be used to determine y, the total cost of x sacks of crawfish delivered to a customer.

Answers

Answer:

62.50x+20=y

Explanation:

The correct equation is - 62.50x+20=y. Therefore 62.50x+20=y is the correct response.

What is an Equation?

A mathematical equation is a formula that uses the equals sign to represent the equality of two expressions.

A function is an equation with a single solution for y for each value of x. Each input of a certain type receives precisely one output when using a function. Instead of y, a function is frequently named f(x) or g(x). When x equals 2, we should determine our function's value because f(2) says to do so.

Albert Einstein came up with the equation, generally written as E = mc2, which states that if a body's energy changes by an amount E (in any form), its mass (m) changes by an amount equal to E/c2.

A mathematical statement known as an equation is comprised of two expressions joined together by the equal sign. A formula would be 3x - 5 = 16, for instance. We determine the value of the variable x as x = 7 by solving this equation.

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..but as he drove his lance-point into the sail the wind whirled it round with such force that it shivered the lance to pieces, sweeping with it horse and rider, who went rolling over on the plain, in a sorry condition.

Which definition matches the use of the word shivered in in the excerpt?

A. Stuck
B.Swung
C.Splintered
D. Surrenderd

Answers

Answer:

I'm aware there are multiple definitions to all of these words but I beleive that in the context given, splintered (C) is the correct answer.

Explanation:

Stuck= push a sharp or pointed object into or through (something)

Swung=move or cause to move back and forth or from side to side while suspended or on an axis

Splintered=break or cause to break into small sharp fragments.

Surrendered=cease resistance to an enemy or opponent and submit to their authority.

Key phrase:"shivered the lance to pieces"

Which of the following is the correct equation for photosynthesis?

Answers

Answer:

6CO2 + 6H2O → C6H12O6 + 6O2

Explanation:

is the photosynthesis equation

3 tips that would use to advise future students who are perparing for ACT

Answers

Answer:

1. Work questions out of order.

2.Tailor your strategy to each section of the ACT.

3.Build the right ACT prep plan for you

16. A chalk box is 5/6 th full of its capacity. 5 chalks were taken out by a teacher and 2
chalks were put inside it by a student. If it is 4/5th full now, how many chalks the box
contained when it was full?
(a) 90
(b) 80
(c) 72
(d) can't be determined

Answers

Answer:

Well honestly this is a easy one, to figure out the answer to this we first need to pay close attention, it says at the start 5/6 of it is filled which means 90% of it is filled, then it says 5 chalks were taken out by the teacher which would leave the box with 0, and lastly it says that 4 out of 5 of it was put back inside but it had 5 out of 6 but now 4 out of 5 which would mean that it would be 65.67% and then since that is not one of the options you would have to estimate and use number math to figure out what that could be and it would be 72, so 72% of it is filled, Hope this helps :D

Explanation:

The product of two positive integers is 65. Which number could be the sum of the two integers?

Answers

Answer:

18 is the sum of the two integers.

Explanation:

65 is divisible by 4 numbers: 1, 5, 13, and 65.

Meaning 65 x 1 = 65 and 13 x 5 = 65.

So in this case, add 13 and 5 which equals 18.

18 is the sum of the two integers.

Please like if this helped :)

THIS IS AN ECONOMICS QUESTION

What are the two characteristics of public goods? Explain the significance of each for public provision as opposed to private provision of these goods. Using these ideas explain why the US Border patrol is supplied by the public sector while satellite TV is provided by the private sector.

Answers

Answer:

Key points. A public good has two key characteristics: it is nonexcludable and nonrivalrous. These characteristics make it difficult for market producers to sell the good to individual consumers. Nonexcludable means that it is costly or impossible for one user to exclude others from using a good.

Explanation:

A box of nine iPhone 5C cellphones (the iPhone “for the colorful”) contains two yellow cellphones and seven green cellphones. (a) If two cellphones are randomly selected from the box, without replacement (the first cellphone is not returned to the box after it is selected), what is the probability that both cellphones selected will be green? (b) If two cellphones are randomly selected from the box, without replacement (the first cellphone is not returned to the box after it is selected), what is the probability that there will be one yellow cellphone and one green cellphone selected? (c) If three cellphones are selected, with replacement (the first cellphones are returned to the box after it is selected), what is the probability that all three will be yellow? (d) If you were sampling with replacement (the first cellphone is returned to the box after it is selected), what would be the answers to (a) and (b)? 3

Answers

On it uioooopliuiioiuyyukkppoloowp we o ok G G ooui a no saS as as sAqqa awe we e it

quickly answer to get brainly

Answers

Answer:  uh

Explanation: yea

Pues no entiendo porque. Perdón pero no puedo ayudar
Other Questions
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