The answer to this question is: <span>Sytems viewpoint, contingency viewpoint, and quality management
</span>System viewpoint refers to an approach to problem-solving that see the problem at a whole. Contingency viewpoint is a developmental effort that made into managerial approach, and quality management refers to the effort to maintain the standard result of our tasks
Answer:
B. Report it as a discontinued operation.
Suppose that the market for labor is initially in equilibrium. If the firm employs labor-saving technology, the equilibrium wage and the quantity of labor will both rise.
<h3>How do you calculate labor market equilibrium?</h3>
The labor market is in equilibrium when supply equals demand; E* workers are employed at a wage of w*.
In equilibrium, all persons who are looking for work at the going wage can find a job.
<h3>What is equilibrium wage rate?</h3>
The equilibrium market wage rate is at the intersection of the supply and demand for labor.
Employees are hired up to the point where the extra cost of hiring an employee is equal to the extra sales revenue from selling their output.
Learn more about equilibrium here:
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Answer:
a letter grade in literature
Explanation:
Opportunity cost or implicit is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If i weren't studying economics, i would be studying literature. Thus by studying economics, i am forgoing the opportunity to study literature This is my next best option and thus my opportunity cost
Answer: The theoretical characteristics of firms in different industries
Explanation:
A market is a medium whereby buyers and sellers of goods and services meet to transact business. While a market structure is a way and manner in which the different parts of the market are closely linked together. Market structure is divided into two which are
Perfect market : A perfect market is one in which the producers cannot influence the prices of their products, either by reducing or increasing the quantity produced. The producer only produces a fractional part of the total produc. Therefore, the producer cannot influence the price .if a producer charges high prices ,the producer will lose his customers.
Imperfect market : An imperfect market is one in which the producers can influence the price of their commodities. Since, the producer is the only one producing the commodities, the producer can influence the price by reducing the supply .This will then force the price to rise.Therefore,a producer in an imperfect market can control both the price and supply.
