Answer:
The sector which is registered and follows government rules and regulations, having employees and employee unions is called as an organised sector. ... The sector that comprises of small-scale enterprises or units and is not registered with the governmen
Answer:
c
Explanation:
they all look forward to gain profit
Answer:
See the explanation section
Explanation:
Organizations calculate various costs with the help of the weighted average cost of capital. It is a significant cost measurement system through which organizations can calculate the cost of debt after tax, cost of new equities, cost of existing equities, and cost of preferred shares. WACC can be a benchmark for the organization. A firm needs to know those costs because it can make sure that whether those projects are running smoothly to continue or running worse to reject.
Another significant cost measurement method is the net present value. With the help of NPV, a business can make sure about a project to accept it or reject it.
Answer:
Letter c is correct. <u>Substituition bias.</u>
Explanation:
Substitution bias is characterized as a problem regarding the price index of a particular good, as consumer behavior can be changed relative to the price of a particular good by changing its consumption from a more expensive product to a cheaper substitute product.
The concept of the substitution bias problem relates to consumer choice theory, which is a macroeconomic theory that describes consumer purchasing decisions and how changes in the environment influence their decisions.
The act of specialization is the division of a work process into distinct tasks that are necessary to the organisation or business but cannot be carried out by a single person.
What Are the Economic Impacts of Specialization?
- When the innate differences in human productivity are accentuated along different skill lines, specialization and the complementary concept of division of labour occur.
- A person becomes more economically specialised as they focus their productive efforts on an ever-narrower range of tasks.
- The most obvious economic impact of specialization is the propensity for people to choose a variety of professions that are more in line with their interests, capabilities, chances, and education.
- Economic agents that concentrate on a certain task become more adept at it. Because repetition and muscle memory increase productivity, both preschoolers and professional athletes practise before a game.
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