Answer: High up-front costs
Explanation: Starting a corporation requires a large initial investment. (I took the test and got it correct)
Answer:
Employment insurance compensation increases the opportunity cost of being
unemployed.
Explanation:
The Employment insurance program is the benefit that is provided temporarily to the people who do not have jobs or had lost their jobs of no fault of their own. This program helps the unemployed with financial help temporarily so that they can survive and search for another jobs.
The compensations provided from the employment insurance encourages the people for a longer job search and better match between the employees and the jobs. This financial aid is provided for up to a maximum of 26 months and for 1/3rd of one's latest salary. The demand and supply curve for te labor is shifting constantly.
Thus the incorrect statement is :
Employment insurance compensation increases the opportunity cost of being
unemployed.
By concluding that they should look for new jobs happens, they are solving problems.
C. solving problems.
<u>Explanation:</u>
Several employees face this problem of getting fired or laid off from work due to many reasons like drop in business profits, bankruptcy of the company, too much work force than required, not so competent work force, etc.
Before any situation like this occurs or when it is evident that something like this might occur the employees should start solving problems.
Therefore, whenever there is a possibility of being laid off occurs they first and foremost solve their problems.
Answer:
B. one firm has the exclusive ownership of a scarce resource.
Explanation:
Monopoly can be regarded as market structure whereby a single seller thrives, this is a structure whereby the seller sells a unique product in the market. As far as monopoly market is concerned, no competition is been encontered by the manufacturer , because he is the only one selling goods with no close substitute. As a result of this there is restrictions of the entry of other sellers in the market.
It should be noted that monopoly may exist because one firm has the exclusive ownership of a scarce resource.
Answer:
The correct answer would be E, Taking Action.
Explanation:
You have received your poor grades in Spanish over the last two semester. Now it is the time to take action and improve your grades. You will have to take proper actions and measures in order to improve your grades in the coming semesters. So you will either have to join an extra coaching or ask your friends to teach you the language if they are getting excellent marks. You will have to work hard. You will have to give more time to study and understand the language. These are the actions that you would have to take.
