How are we going to answer without the choices?
Answer:
1. The movie theater
2. Getting into the movie theater
3. Friends
Explanation:
I'm not sure what kind of answer you're looking for..
- The greater the elasticity of supply, the grater the gains from trade.
<u>TRUE. </u>
This situation is true because in an elastic supply situation there is a decrease in prices and an increase in demand, so total surpluses increase and generate more gains to trade.
- If supply is perfectly inelastic, the fall in consumer surplus would exceed the rise in producer surplus.
<u>FALSE</u>
It is false because In a perfectly inelastic supply situation, the quantity of demand does not change even if prices change.
- Producers can still benefit from trade even if supply is perfectly inelastic.
<u>FALSE</u>
It is false because in a perfectly inelastic supply situation the beneficiary will be the consumer, as prices will not change and consumer surplus will increase.
A key skill that is not in management is writing skills.
Managerial skills are the ability and knowledge of those in managerial positions to perform specific management tasks. According to Robert Katz, a successful management process requires three different types of abilities.
Technical skills - They enable the management to know how to employ various strategies to accomplish their goals.
Conceptual skills show a manager's comprehension or ability to think more abstractly.
These competencies show a manager's familiarity with and aptitude for working with people. They are also known as human or interpersonal management skills.
These skills can help managers motivate their teams to greater success. They help them as well by helping the company's employees reach their full potential.
Thus these are some Management skills.
To learn more about Management skills, refer: brainly.com/question/28072629
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Answer:
Bounded Rationality
Explanation:
To begin with, it is essential to understand the concept of departmentalization.
Departmentalization centers on the idea that departments/divisions within an organization are grouped and/or sectioned, using some identified benchmarks. In extension, Departmentalizing, is simply the acts of engaging in departmentalization.
Bounded rationality, is a phenomenon that states that human reasoning and extension, logic could be threatened by a number of constraints. The constraints here could be human, material and physical resources. The implication is that an individual is not in possession of full details and information that could influence or shape his position.
Hence, by departmentalizing, an organization has placed a constraint on the amount of information accessible to that department, under the bigger context of an organization. Thus, the departments' rationality has been bounded and this could ultimately spiral into poor decision making, principally because of lack of detailed information.
