It should be noted that short run is any period of time in which at least two inputs are fixed.
<h3>What is short run ?</h3>
The short run can be regarded as a concept which explains that at a given period in the future, there will always at least a fixed input and others factors are variable.
Concept of short run explain that an economy behaves differently base on the length of time it has to react to certain stimuli.
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Answer: Option B
Explanation: In simple words, cost cutting refers to the process in which an organisation modifies or re- implement its production and distribution process with the sole object of reducing the cost of production.
By reducing the cost of production an organisation can charge low prices for the product in the market and attract more customers. Although this process sounds straight but it is not easy for the firms orating at small level.
Large firms can easily cut their cost without affecting quality as they have huge scale of operations and they purchase inputs at a high volume which makes them applicable for particular discounts.
Thus, from the above we can conclude that the correct option is B.
Answer:
Traditional economy.
Explanation:
A traditional economy is one that relies on historical methods, customs, and beliefs to develop. It is generally more common in developing countries because it is an economy based on rural activities such as agriculture, fishing and hunting. Because it is an economy that develops around a tribe or a family, it is customary for production to be for consumption only, so there is no surplus and little money movement.
Answer:
The correct answer is letter "B": thirty days.
Explanation:
Anticipatory Breach or Repudiation is the notification one party in a contract lets the other party know that the obligations stipulated in the initial agreement will not be met.
According to the rules if the Uniform Commercial Code (UCC), if one of the parties has good enough reasons to believe that the other party is not going to fulfill its obligations in a contract, that party can request an "<em>adequate assurance of performance</em>". If the request is not answered after 30 days, the requesting party can assume the counterparty has repudiated the contract, thus, the requesting party can look for another provider to make a new agreement.
Answer: Strong time management skills.
Explanation:
Time management skills looks at achieving goals in a shorter period of time and making available time for other activities you plan to achieve, it helps you plan your events well void of much stress, gives you focus and meeting up with deadlines.
Jemimah has to work on her time management skills, she has to analyze the project and work out a plan on to meet up before the deadline. She can break the project in bits and set short deadline for her self on each task, in doing so, sh would relieve herself of stress and meet up with the deadline she was given.