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Stella [2.4K]
2 years ago
9

Honda recently hired twenty employees to work in various departments of the company. On the first day, all twenty had the same o

rientation and attended the same training and development sessions. They were most likely engaged in what form of training
Business
1 answer:
balandron [24]2 years ago
8 0

They were most likely engaged in "classroom training and lectures."

<h3>what is classroom training?</h3>

In the classroom training approach, a facilitator simultaneously imparts knowledge or information to a group of employees. The fact that numerous employees can study simultaneously is this training method's key benefit.

It is extremely likely that the employees underwent "classroom training" on their first day of work because Ford employed them to work in different divisions with various job roles.

The claim that all twenty of the employees attended the same training and development courses on the same day and at the same time and received the same orientation serves as additional support for this.

To know more about classroom training refer to : brainly.com/question/14451563

#SPJ4

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Suppose that the quantity of money in circulation is fixed but the income velocity of money doubles. If real GDP remains at its
Shalnov [3]

Answer:

The equilibrium price level will double.

Explanation:

Suppose that the economy has a money supply of $4 billion and the income velocity of money is 8, the price level will be 4 and the real GDP is $8 billion. The formula we are using is:

  • Money supply x velocity = price level x real GDP

If the money supply remains the same ($4 billion), the income velocity of money is 16 (it doubles), and the real GDP is $8 billion, then the price level will be:

$4 x 16 = price level x $8

$64 = price level x $8

price level = $64 / $8 = 8

So the price level has doubled to 8.

4 0
3 years ago
The theory of social darwinism argued the new industrial economy was limiting the potential for individual wealth. contended tha
Dmitry [639]
<span>The theory of social Darwinism was used to promote the theory that capitalism would offer all the people of the nation an opportunity for great wealth. In this case, the answer would be Was used to justify the social consequences of industrial capitalism.</span>
4 0
3 years ago
Suppose you are taking a luxury tour of a city in a limousine. With just a few passengers, the tour is pleasant and everyone has
melisa1 [442]

Answer:

Answer is explained in the explanation section below.

Explanation:

Note: This question is incomplete and lacks necessary data about the number of passengers and total utilities. However, I have found a similar question on the internet and will using its data to solve for this problem. Besides that, I have attached the data in the attachment that I am using in this question.

Solution:

First of all, we are asked to calculate the marginal utility. In order to do that, we need to know the formula for Marginal Utility.

Formula:

Marginal Utility = TU2 - TU1/C2-C1

Where,

MU = Marginal Utility

TU = Total Utility

C = Number of units

So, according to the data provided.

For 0 number of passengers:

MU(0) = 0

For 2 number of passengers:

MU(2) = (100 - 0)/(2-0) = 100/2 = 50

Similarly,

For 4 number of passengers:

MU(4)=(225-100)/(4-2)= (125/2) = 62.5  

For 6 number of passengers:

MU(6)=(355-225)/(6-4) = (130/2) = 65

For 8 number of passengers:

MU(8)=(400-355)/(8-6) = (45/2) = 22.5

For 10 number of passengers:

MU(10)=(425-400)/(10-8)= (25/2) = 12.5

6 0
3 years ago
A production possibilities curve can shift inward if there is an increase in productivity A an increase in unemployment B an inc
Ugo [173]

Answer:

All options except A

Explanation:

All the options except productivity (option A) will shift the production possibility curve (PPC) inward.

The factors that shift the PPC inward are; decline in labor demand (increase in unemployment), decrease in capital and technology backwardness.

Unemployment increases during economic recession and increases during economic boom. Recession occurs when there is a decline in aggregate demand; and a decrease in aggregate demand forces businesses to cut jobs, which shifts the production possibility curve inward.

Increase in the price of raw materials elevates the cost of production and the ability of the producer to produce more. Thereby reducing output, hence an inward shift of the PPC.

Mis-allocation of resources causes the business to produce less than its optimum capacity, hence a reduction in output and an eventual inward shift of the PPC.

A natural disaster leads to economic crunch and a decline in aggregate demand, hence an inward shift of the PPC

5 0
3 years ago
Both firms in a Cournot duopoly would enjoy lower profits if:
daser333 [38]

Answer:

each firm simultaneously increased output above the Nash equilibrium level.

Explanation:

A French mathematician, Antoine Augustine Cournot developed the Cournot duopoly in his economic model “Researches into the mathematical principles of the theory of wealth”, of 1838.

Cournot duopoly also known as the Cournot competition, is an economic model where two (2) business firms having identical cost functions compete in a oligopolistic market of imperfect competition with homogeneous products.

Under the Cournot duopoly, the competing firms offer identical products and thus, choose an amount or quantity to produce independently and at the same time because they cannot collude.

Both firms in a Cournot duopoly would enjoy lower profits if each firm simultaneously increased output above the Nash equilibrium level.

Hence, the advantage of the Cournot duopoly is that, it inhibits competing firms from deviating unilaterally.

4 0
4 years ago
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