Answer:
Explanation:
a )
Ratio of GDP on the basis of exchange rate :
GDP of india / GDP of united states
= 78.9 x 10¹⁸ x 1 / 14.5 x 10¹⁸ x 45.7
= 0.12
b )
Ratio of GDP on the basis of commonprices :
GDP of india / GDP of united states
= (78.9 x 10¹⁸ / 14.5 x 10¹⁸ ) x ratio of price level
= (78.9 / 14.5) x .368
= 2
c ) These two numbers are different because the exchange rate of currency
is controlled by price level in two countries but exchange rate is also influenced by many other factors including price level . So ratio of price level and exchange rate are different. Exchange rate is also influenced by speculative demand , foreign exchange reserve etc.
Answer:
<em>Management by </em><em><u>objectives</u></em><em> is a four-step process in which managers and employees jointly set objectives, develop action plans, review performance, and appraise and reward employees.</em>
Explanation:
Management by objectives (MBO)
<em>A </em><em>management</em><em> </em><em>system </em><em>in </em><em>which </em><em>the </em><em>objectiv</em><em>e</em><em>s </em><em>of </em><em>an </em><em>organization</em><em> </em><em>are </em><em>agreed</em><em> </em><em>upon </em><em>so </em><em>that </em><em>management</em><em> </em><em>and </em><em>employe</em><em>e</em><em>s </em><em>u</em><em>nderstand </em><em>a </em><em>common</em><em> </em><em>way </em><em>fo</em><em>r</em><em>ward.</em>
<h2>No the food handler should use new sanitized water.</h2>
Explanation:
- When the temperature of the water of the sanitizing solution is low, it means that there is more chance of "bacteria being present in the water".
- So this bacteria can go and affect the food and when the living being intake the food, there is a possibility for illness.
- How sanitizing hand is important, it is that equal important to sanitize the pans to "stay healthy".
- So, "the water should be poured out and new water containing the sanitizing solution should be used".
Because a line credit is when the government give u credit and a loan is when the government give u a loan.
Answer:
A) a relatively large number of firms and the monopolistic element from product differentiation.
Explanation:
A monopolistically competitive industry has the elements of monopoly as product differentiation. Since the products produced in are different in some way and thus may offer differing utilities. This allows the firms in the industry to vary their supply to influence prices as this differentiated product is only produced by them. This is reminiscent of a monopoly.
However, at the same time - there may be substitutes with slight variations as there are a relatively larger number of companies producing differing products. This offers as an option to customers and helps the market act as competitive.
Option B only focuses on the monopolistic elements. Option C is fundamentally wrong as low entry barriers is not a monopolistic element. Option D gives us a monopolistic element of advertising that can act as differentiation but a highly inelastic demand curve goes against the perfect competition - this nullifies the argument.
Hope that helps.