Answer:
The dimension of social environment that is exemplified in this scenario is:
d. Diversity
Explanation:
A social environment constitutes the beliefs, values and customs of a people. Business operated on social environment since it involves the interaction with different groups of people who have a variety of beliefs, value and customs. These social values of people contribute to most of the economic decisions that they make, an example is; whether or not they will purchase a certain product or not depending on their cultural beliefs or practices associated with that product. It is there imperative to ensure that a business is fully aware of the type of social environment that they plan to carry out their business. The knowledge of the social environment a business operates in can be of great significance on how they relate to that particular environment. Research has shown that most businesses that are successful have some knowledge on how to handle their social environment.
Organizations can utilize different aspects of the social environment to be successful. One such example is diversity. Diversity as an aspect of social environment is the act of targeting different social groups either through marketing or product specification to appeal to distinct social groups.
Answer:
a. in our model of the loanable funds market, we define "loanable funds" as the flow of resources available to fund private investment.
Explanation:
Given that, government budget deficit is a term that describes a situation whereby the amount of government expenses is greater than the amount of government revenue over a given period of time. And at the same time, the loanable fund is the money available to find private investment
Hence, the right answer to the question is option a. in our model of the loanable funds market, we define "loanable funds" as the flow of resources available to fund private investment. Because, the insufficient revenue, will lead to little or no availability of resources to find private investment.
<span>Self doubt is a result of lacking self-esteem.
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Answer:
People usually prefer saving their time by buying at a place where they can find all the necessity products, they pay a few cents more for a single product just because they don't have to visit another store in order to buy the remaining goods.
Explanation:
Sometimes we pay a few cents extra for a product as compared to the same product available somewhere else at a cheaper price because a great variety of product is available.
People usually prefer saving their time by buying at a place where they can find all the necessity products, they pay a few cents more for a single product just because they don't have to visit another store in order to buy the remaining goods.
The introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy because
a) if the maximum price is less than the equilibrium price, then it will cause a shortage in supply.
b) Petrol is essential for daily lives, without maximum pressure some people may not be able to buy the product.
<h3>What is Economy?</h3>
An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. It is defined as the management of financial matters for a community, business or family.
The economy of a country or region is the system by which money, industry, and trade are organized.
Learn more about economy here,
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