Answer:
A
Explanation:
If price of equipment which can be used as substitute for labour then company will prefer to buy that equipment which will decrease the demand for labour in a perfectly competitive labour market. Equipment will work as the replacement of labour.
Answer:
The answer is A Gantt Chart.
Explanation:
Gantt Chart is named after its inventor, Henry gantt who first used it around 1900's. The chart is a vertical bar chart that effectively illustrate the project schedules and how the project should progress.
Modern project management softwares have evolved to be so advance that they even allow to schedule people, reasources, client requirements and etc.. with a click of a button.
Answer:
The decisions of one seller often influence the price of products, the output, and the profits of rival firms.
Explanation:
An oligopoly is a market structure where there are only a few sellers. Therefore, around two or more firms have control over the market. Collectively, they can influence the prices and supply.
This ultimately results in high-level competition between these sellers. Since there are a few sellers in the oligopoly structure, each of these company's profit levels not only depends on the decisions made by them but also on the decisions made by their rival firms.
Hence, option no. 3 "the decisions of one seller often influence the price of products, the output, and the profits of rival firms" is correct.
Answer:
I would most likely accept the promotion.
There are several factors that would influence my decision.
- The new scope of responsibilities
This will include all the additional risk and tasks that I will get by accepting the promotion. Accepting new responsibilities might sound scary, and many people will be discouraged by this. But at some point, all great leaders are someone without any experience too. As long as we are open to criticism we will be able to adapt to our new responsibilites.
- the new pay raise
Economic gain usually come with promotion. It will motivate me to do more fore the company.
- The likelihood of me getting another promotion chance
Chances like this do not come often in our life. The fact that im offered a promotion means that the higher up has review my previous work result and determine that im the best option for them. I would not let this chance go to waste.