Answer:
Last paragraph
Explanation:
Finally, Jeremey has also divided the problem into smaller parts, such as production costs, overheads, downtime expense, repair expenditure, and so on.
Answer:
The correct answer is letter "A": Interaction among people can spark new ideas.
Explanation:
Group decision-making is the activity in which members of a get together to collectively decide the course of the plan they will take to reach the group's objective. This practice allows individuals of a group to feel their voice is being heard and are more likely to accept the final decision to be taken since they will feel part of their ideas are included there. It is thanks to the interaction among those individuals that the ideas helping to the concluding decision are sparked.
Answer:
C. A decrease in the quantity demanded
Explanation:
Price Elasiticity
The law of demand and supply would usually hold that an increase in prices will result in a decrease in demand. Furthermore, an increase in demand generates a corresponding increasing in supply as well.
<u>When the demand of a product is sensitive to the changes in price, then we say that price of the product is elastic</u> but if the product demand not strongly influenced by price then we say that the pricing is inelastic.
In the case of the lettuce, we can say that the price is elastic, because there is a sensitive reaction between an increase in price from $1 to $2 which immediately leads to a halfing of the quantity demanded. The price is elastic such that an increase in price leads to a decrease in quantity demanded.
Answer:
A) Outsourcing
Explanation:
Outsourcing refers to a business practice where a company gets some of the intermediate goods or services it needs from external suppliers (other companies). Usually outsourcing is carried on by companies in order to reduce costs, e.g. customer service calls handled by Indian companies because Indian workers earn a much lower salary than American workers.
Answer:
d. Special damages
Explanation:
Special damages -
It refers to as a some particular type of damages that occurs because of the violation of some contract or rule , is referred to as a special damage .
In case the rule is not followed or the contracted is violated , then special damages are applied .
All the covers for the special dam,age is pre- decided and is mentioned in the contract .
Hence , from the given scenario of the question ,
The correct answer is d. special damages .