Opportunity cost refers to the alternative forgone.
Answer:
Consider the following explanation
Explanation:
1. Option C.
Structural unemployment is a type of unemployment which occurs naturally when the economy shifts in time.
This forces certain job skills to become obsolete, due to which mismatch of skills and the jobs available in the economy.
Many workers are also laid off as their jobs no longer match their current skills.
2. Option D.
A laffer curve is a curve which shows a relationship between the taxes imposed within an economy and the tax revenues collected from the imposed taxes.
Above the optimal tax rate, a reduction in tax rates along the downward sloping portion of the laffer curve would increase the tax revenue's.
<u>D. A premium rooftop restaurant in the same city</u> will be a part of Golden Harvest's strategic group.
<u>Explanation</u>:
A 5 Star Hotel is a hotel that provides a luxury service to its customers through its operation. It is operated to serve their guest at high level. The materials, tables and each and everything used in the five-star hotel are set with high quality. They provide utmost care to their guest.
In the above scenario, Golden Harvest is the restaurant that is operated inside a five-star hotel. They provide quality dining to their customers. The customers visiting the restaurant expect only the quality and they don’t bother about the prices.
This shows that <u>a premium rooftop restaurant in the same city will be a part of Golden Harvest’s strategic group.
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<h2>the seller had the duty to deliver the goods to ralph's home</h2>
Explanation:
According to the question, the information provided are:
- Ralph is a customer who ordered furniture from "Good times furniture"
- Ralph agreed to receive goods from common carrier
- While transporting, the goods got damaged.
Considering the above information, whatever may be the mode of delivery and through whomever it might be, seller is the sole responsible person to deliver the product.
A Customer does not know about the mediators. He only needs the product and he has rights only to question the seller and not the mediator.
Answer:
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