we noted that the rule for maximization set forth in the text contradicts some honored traditional principles such as "Never give up," "Anything worth doing is worth doing well," or "Waste not, want not." Explain how the economic approach to decision making ("thinking on the margin") contradicts each of these sayings.

Answers

Answer 1

The economic approach to decision making that prioritizes maximizing benefits over traditional values contradicts the mantras of "Never give up,"

"Anything worth doing is worth doing well," and "Waste not , want not." Economic theory values rational decision-making by weighing marginal costs and benefits, leading to the abandonment of sunk costs, or the notion that resources expended on a particular venture should not be considered in current decisions.

This approach may lead to giving up on an idea or project that has already taken time and money, prioritizing efficient allocation of resources over sunk costs. Therefore, economic decision making challenges some traditional values in the interest of maximizing benefits.

Learn more about  economic decision here

https://brainly.com/question/11410592

#SPJ1


Related Questions

What are the two propositions that Plantinga is trying to reconcile through his famous "free will defense?" Do you think his defense is successful given the scope of what it is (that is, it's a defense, not a theodicy)? Why or why not?

Answers

Alvin Plantinga's Free Will Defense attempts to reconcile the existence of God and the existence of evil in the world by asserting that God created humans with free will, and that this free will inevitably gives rise to evil and suffering caused by humans' choices.

Plantinga's defense distinguishes between the logical problem of evil and the probabilistic problem of evil, arguing that the latter is not a strong argument against the existence of God.

While some find Plantinga's defense persuasive, others argue that it raises more questions than it answers and fails to fully address the problem of evil.

Ultimately, the success of Plantinga's defense depends on one's philosophical and theological views.

Learn more about free will defense here

https://brainly.com/question/11410592

#SPJ1

in a landscape, the foreground gets the __________ colors, while the background gets the ___________ colors​

Answers

In a landscape, the foreground gets the **warmer** colors, while the background gets the **cooler** colors.

This is because the foreground is closer to the viewer, and therefore appears to be more saturated and brighter. The background is further away, and therefore appears to be more muted and hazy.

Here are some examples of how this can be applied in landscape painting:

* A sunset scene might have a warm foreground with reds, oranges, and yellows, and a cooler background with blues and purples.

* A winter scene might have a cool foreground with whites, grays, and blues, and a warmer background with browns, oranges, and yellows.

* A forest scene might have a warm foreground with greens, browns, and yellows, and a cooler background with blues and purples.

Of course, there are always exceptions to the rule. But in general, using warmer colors in the foreground and cooler colors in the background can help to create a sense of depth and perspective in your landscape paintings.

Photography Plato
Match each characteristic of an SLR camera with its purpose.

Answers

To match each characteristic of an SLR camera with its purpose -

Reflex lens and penta prism - Produces correct viewing of imagesLight-proof back flap  -  Loads and unloads filmManual or automatic - Rewind option (rolls back the film)Through-the-lens (TTL) meterin -  Measures light levels through the lens for correct exposure

Why is the SLR Camera Important?

The SLR (Single Lens Reflex) camera is important due to its versatility, image quality, and control over settings.

It allows photographers to accurately frame shots through the viewfinder, interchange lenses, and utilize various shooting modes, resulting in high-quality photographs and creative control over the final image.

Learn more about  SLR camera at:

https://brainly.com/question/8954982

#SPJ1

One of her horse-riding pals, a veterinarian named Mary Wright, had the answer: alginate. Mary told Diane that alginate was a pink gummy material used to make molds of teeth. If it was safe for pets, it should be safe for a tiger. And people, too, Diane thought.

(continued)

Read this passage. What do the descriptions, actions, and quotations tell you about the subject?

write a response.

Answers

Here you go.

__________________________________________________________

Sample Response: The descriptions, actions, and quotations tell me that Diane France is quick-thinking and resourceful. She uses cleverness to be successful at work. She is also dedicated to her job and curious.

Explanation:

The descriptions, actions, and quotations tell me that Diane France is quick-thinking and resourceful. She uses cleverness to be successful at work. She is also dedicated to her job and curious.

does professional liability insurance protect your childcare center if sexual accusations
are being made against one of your staff

Answers

Answer:

Explanation:

It depends on the specific policy and coverage of the professional liability insurance that your childcare centre has. Professional liability insurance, also known as errors and omissions insurance, is designed to protect businesses from claims of professional negligence or malpractice. This may include coverage for legal fees and damages related to claims made against employees or staff members.

However, whether or not a professional liability insurance policy would cover sexual accusations made against a staff member would depend on the specific policy terms and conditions. Some policies may have exclusions or limitations for certain types of claims, including sexual misconduct or abuse.

It is important to review the details of your professional liability insurance policy carefully and consult with your insurance provider or a legal professional if you are facing claims of sexual misconduct or abuse within your childcare centre. It is also crucial to have proper policies and procedures in place to prevent and respond to incidents of misconduct or abuse, including background checks and employee training.

PLS MARK ME BRAINLIEST

Describe how a movie, book, video game, or other similar media can be described using the Sonata Allegro form

Answers

Answer:

Explanation:

The Sonata Allegro form is a musical structure used in classical music, but it can also be used as a framework to analyze and describe other forms of art, such as movies, books, video games, and other similar media. The structure of the Sonata Allegro form consists of three main sections: exposition, development, and recapitulation. In a movie, the exposition would be the beginning of the story, where the main characters and setting are introduced. The development would be in the middle of the story, where the plot and characters are further developed, and conflicts arise. Finally, the recapitulation would be the end of the story, where loose ends are tied up and the story reaches its conclusion. Just as in a musical sonata, the exposition and recapitulation sections often have similar themes or elements, while the development section explores new territory and adds complexity to the story.

PLS MARK ME BRAINLIEST

Please Help!
Assume that you will one day become a successful photographer—how will you go about licensing your creative work? What about transferring the user rights to your work? Explore and discuss the ways that you might go about licensing and transferring your creative work and why both of these things are important to understand.

Answers

As a photographer, there are several ways to license and transfer the rights to my creative work. One way is to use a Creative Commons license, which allows me to retain copyright while giving others permission to use my work under certain conditions. For example, I could use a CC BY-NC-SA license, which allows others to use my work for non-commercial purposes as long as they give me credit and share their work under the same license.

Another way to license my work is to use a stock photography site, which allows me to upload my images and earn money when others use them. Some stock photography sites offer exclusive licenses, which means that I retain ownership of my work and can sell it multiple times, while others offer non-exclusive licenses, which means that I can sell my work to multiple buyers.

When it comes to transferring user rights to my work, it's important to understand the different types of licenses and what they allow. For example, a commercial license allows a buyer to use my work for commercial purposes, such as in advertising or marketing materials. A non-commercial license, on the other hand, restricts the use of my work to non-commercial purposes, such as in educational or personal projects.

In conclusion, licensing and transferring the rights to my creative work are important because they allow me to protect my intellectual property while also earning money from my work. By understanding the different types of licenses and how they work, I can make informed decisions about how to share my work with others while still retaining control over it.

Consider a firm that employs some resources that are owned by the firm. When economic profit is zero, accounting profit is

Answers

Answer: When economic profit is zero, accounting profit is equal to the total explicit costs of the firm. Explicit costs are the actual monetary payments made by the firm for the resources it uses, such as wages, rent, and supplies. Accounting profit is calculated by subtracting the explicit costs from the total revenue of the firm. When economic profit is zero, this means that the firm is earning just enough revenue to cover all of its explicit costs, but is not earning any additional profit. In this case, the accounting profit will be equal to zero as well, since the total revenue is just enough to cover the explicit costs.

Explanation:

Isolation for dramatic art scene

Answers

Isolation in a dramatic art scene can be used to create a sense of separation, loneliness, or confinement for a character or group of characters.

It can be a physical or emotional isolation, and it can be used to build tension, reveal a character's inner thoughts and emotions, or create a sense of unease or foreboding. Isolation can be conveyed through staging, lighting, sound, and other elements of a production, and it can be an effective tool for creating mood, atmosphere, and meaning in a dramatic work.

A dramatic art scene with the theme of isolation can be created using various techniques, such as lighting, sound, set design, and acting.

One approach could be to create a set design that reflects a sense of confinement, such as a small room or a jail cell. The lighting could be dim and harsh, with shadows cast across the stage. This would create a feeling of loneliness and isolation for the characters.

To know more about dramatic here

https://brainly.com/question/29785155

#SPJ1

Explain

Isolation for dramatic art scene

What is the first step once an essay question has been chosen?
a. Create an outline for the answer
b. Identify vocabulary to be used
Please select the best answer from the choices provided
OA
c. Summarize the three main points
Write the essay

Answers

Answer:

The best answer is a. Create an outline for the answer. Once an essay question has been chosen, it is important to create an outline for the answer as it will help to organize thoughts and ensure that all relevant points are covered in the essay.

A. Create an outline for the answer.

PLEASE HELP

What did Corrie mean when she observed that "life in Ravensbruck took place on two separate levels"? Write a 5-8 sentence paragraph describing these levels. Give examples from the story of at least three events or things from each level. You should have six total examples.

Answers

Corrie said life in Ravensbruck is on two levels.

What informs these levels?

Life in Ravensbruck was on two levels. The first level was the visible reality of the concentration camp. This was the level where people fought for survival, where food, clothing, and medicine were scarce, and where the SS guards exercised their power with cruelty and sadism.

According to Corrie, the second level was the unseen truths of hope, faith and humanity that survived despite the horrors of the camp. Examples of incidents at this level include secret Bible study classes where Corrie is with other women in the barracks, smuggled notes and messages exchanged between inmates, and moments of compassion and empathy shown by some prison guards to inmates.

learn more about Ravensbruck: https://brainly.com/question/27839305

#SPJ1

Ansel Adams
What techniques or principles of design do you notice in the photographs you found?

How could you apply these techniques or principles to your own work?

What else can you learn from these expert photographs?

Answers

Ansel Adams was a renowned photographer who employed various techniques and principles of design in his photographs.

Some of the techniques include the use of the zone system to achieve proper exposure, sharp focus, and the careful selection of compositions to convey a sense of depth and perspective.

Adams also used the principles of contrast and balance in his photographs to create strong visual impact. These techniques and principles can be applied to any form of visual art and can help create powerful and impactful compositions.

Additionally, studying expert photographs like those taken by Ansel Adams can provide valuable insights techniques on topics such as lighting, color, and subject selection, and inspire creativity in your own work.

Learn more about Ansel Adams here

https://brainly.com/question/2570129

#SPJ1

(Chapter 15)
What is a “wartime lifestyle” and why is it important in the life of a World Christian?

Answers

Living simply (with less) strategically during a period of war frees up resources to be used where they are most useful.

Christ's universal mission is to defeat evil and bestow blessing on all peoples. The cost of living during a war may be more or lower than the cost of a simple lifestyle. A soldier eating K rations while in a trench is not spending much money, whereas a fighter pilot may be spending $40,000 per month on technology.

In other words, one does not assess others during a time of war using the same standard of living. What matters is finishing the task at hand. What matters is finishing the task at hand. Rather than being simple for the sake of simplicity, the way of living during a conflict is "efficient and effective." There is no use in wasting time.

Learn more about Simplicity here:

https://brainly.com/question/5432494

#SPJ1

Look at Flagellation of Christ by Piero della Francesca. This painting is a
primary example of
A. Naturalism
B. balanced composition
C. chiaroscurd
D. sfumato

Answers

B. Balanced composition is the primary example of Piero della Francesca's painting Flagellation of Christ.

Write a short notes on the religious beliefs of the Africans

Answers

Answer:

African religious beliefs are diverse and varied, including animism and ancestor veneration. Islam and Christianity have also influenced the continent. African societies have unique practices, such as the Yoruba and Akan religions. African beliefs prioritize the spiritual world, community, tradition, and interconnectedness of living things.

The religious beliefs of Africans are diverse and varied, reflecting the vast array of cultures and traditions found across the African continent. Many African religions are animistic in nature, meaning they believe that everything in the natural world has a spirit or soul. Ancestor worship is also a common feature of many African religions, with many cultures believing that their ancestors continue to play an important role in their lives even after death. Additionally, many African religions incorporate the use of divination, magic, and other spiritual practices to help individuals connect with the spiritual realm and seek guidance from the divine. Christianity and Islam are also practiced by many Africans, with these religions often blending with traditional African beliefs and practices to create unique syncretic traditions. Overall, the religious beliefs of Africans are shaped by a rich and complex history, and continue to evolve and adapt to changing social and cultural contexts.
Other Questions
Mr well tells class of 24 when complete the assighment can play math games at the end of class 40% is playing games what percent is still taking the test How can you isolate the variable f Consider a steam power plant that operates on a reheat Rankine cycle and has a net power output of 80 MW. Steam enters the high pressure turbine at 10 MPa and 500oC and the low pressure turbine at 1 MPa and 500oC. Steam leaves the condenser as a saturated liquid at a pressure of 10 kPa. The isentropic efficiency of the turbine is 80% , and that of the pump is 95% .Show the cycle on a T-s diagram with respect to saturation lines, and determinea) Quality (or temperature, if superheated) of the steam at the turbine exit,b) The thermal efficiency of the cycle,c) The mass flow rate of the steam. The point (5,-2) is reflected over the y = -x Identify an essential element of content analysis.a) determining relationships among categoriesb) obtaining enough units in each categoryc) formulating coding categoriesd) a random sample of units The simplified form of the equation (24075 16030)(60j80)(63 j84)(2032) is PLS HELP MEEE WITH ALL THE TRUTH OR FALSE A nurse is caring for a newborn immediately following birth. After assuring a patent airway, what is the priority nursing action? A. Administer vitamin K B. Dry the skin C. Administer eye prophylaxis D. Place an identification bracelet Name that truth function: what has the following truth function? (Assume reference columns are in canonical form.) T T TF a. Disjunctionb. Negationc. Conjunctiond. Atomic [ANSWER THIS QUESTION PLEASE!! ASAPPP! you'll get/recieved 20 points along 5 star answer along a thanks along "brainliest"!!!!! :D] a researcher reported 71.8 that of all email sent in a recent month was spam. a system manager at a large corporation believes that the percentage at his company may be . he examines a random sample of emails received at an email server, and finds that of the messages are spam. can you conclude that the percentage of emails that are spam differs from ? use both and levels of significance and the critical value method with the table. you are required to research and find a newspaper, book, magazine, or journal article that provides information on a global organization with a current ethical or legal issues. the organization can be profit or non-profit. write a 250-word report on the ethical/legal issues by following the guidelines below. a copy or link of the article must be provided with the homework assignment. select one (1) issue from below: child labor, human rights, workplace diversity and equal opportunity, religion, working standards or conditions, religion, and bribery and corruption. Why does Nora enjoy talking to Dr. Rank? A female adult patient is taking a progestin-only oral contraceptive, or mini pill. Progestin use may increase the patient's risk for:A. EndometriosisB. Female hypogonadismC. Premenstrual syndromeD. Tubal or ectopic pregnancy the growth rate is stated to be around 10% - please help with DCF, WACC and company valuationJetBlue IPO Executive Summary1. Your main job is to estimate a two-stage DCF model. First, calculate the first stage series of unlevered cash flows (UCFS) based on information provided in the case (2002-2010). The second stage is the "steady state" where the UCFs grow at a constant growth rate thereafter.2. Determine the appropriate discount rate (WACC).3. Determine value of the company based on Steps 1-2.4. Calculate the total value of equity by subtracting out debt and preferred stock from total company value. What does the song reveal about the goals of the Nazi Party? Just exactly what it says ..making a poem using those sentences enumerate the principal uses, objectives, and technical procedures of polygraphy 7. Sharra Gleason is a 26-year-old patient in the practice who is being seen for her second prenatal visit. Dr. Beck informs her that her HIV test came back positive. What does this mean for Sharra's baby? How should Sharra be treated to protect the fetus and how will the newborn be managed immediately after birth? In 2010, a medical research group reported the results of an experiment to evaluate the effectiveness of acupuncture to treat a chronic intestinal condition. A group of volunteers with the chronic intestinal condition agreed to participate in the experiment and be randomly assigned to either a true acupuncture treatment or a placebo treatment. The placebo treatment mimicked the application of acupuncture, but no needle penetrated the skin. Random assignment resulted in 78 subjects receiving acupuncture and 75 subjects receiving the placebo treatment. After receiving 6 treatments over the course of 3 weeks, patients were asked to report whether they had experienced a reduction in the chronic intestinal condition. The table summarizes the data from the study, with expected cell counts in parentheses. Which of the following is true about the chi-square test for homogeneity? A. The number of subjects randomly assigned to each treatment is not the same; therefore, it is not appropriate to use a chi-square test for homogeneity across treatment groups. B. Volunteers do not constitute a random sample from the population of all patients with the chronic intestinal condition; therefore, it is not appropriate to use a chi-square test for homogeneity across treatment groups. C. Volunteers with the chronic intestinal condition were randomly assigned to each treatment, so the independence condition has been met. D. Not all of the observed cell counts are large enough to satisfy the conditions for applying the chi-square test of homogeneity. E. Not all of the expected cell counts are large enough to satisfy the conditions for applying the chi-square test for homogeneity.