If it is greater than or equal to the price.
hope this helps
Okay well I got you.
The first answer is: When unemployment is low, businesses have to compete more for workers, forcing wages up. Higher wages increases labor costs.
The second answer is: As inflation accelerates, workers may supply labor in the short term because of higher wages- leading to a decline in the unemployment rate.
The third answer is: I don't know this one sorry :(
The fourth answer is: I don't know this one either.
Sorry i wasn't much help...:(
The relationship between the natural environment and business organizations can best be described as <u>c. Interdependent.</u>
<h3>What is interdependence?</h3>
Interdependence describes a situation where two entities engage in exchanges for their continued sustenance.
Interdependence exists in many forms and between different organizations.
For instance, the natural environment of a business provides the resources that the organization requires for productivity and profitability.
Similarly, the natural environment utilizes the products and services of business organizations for continued development. Business organizations also protect the natural environment for their self-interest.
Thus, there is an interdependent relationship between the natural environment and the business organizations because one cannot exist sustainably without the other.
Learn more about the interdependence of the natural environment and business organization at brainly.com/question/23479668
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<h3>Question Completion with Answer Options:</h3>
a. A U-shape
b. Insignificant
c. Interdependent
d. Unconnected
Answer:
Option (D) is correct.
Explanation:
Given that,
Current market price = $7.50
Average variable cost = $8.00
Average total cost = $8.25
It can be seen from the above information that current market price is less than the average variable cost, i.e, $7.50 < $8.00.
Mrs. Smith should shut down its production in the short run as well as in the long run until the point where current market price is greater than or equal to average variable cost.
Can you dm me for the answer I’m not home rn I’m trying to help out a lot of people