Answer:
The answer is letter C
Explanation:
Detailed, lengthy, legalistic union contracts; procedural flexibility.
Answer:
d. The price will decrease, because dry beans and rice are inferior goods.
Explanation:
the options are missing, so I looked them up:
a. The price will decrease, because dry beans and rice are normal goods.
b. The price will increase, because dry beans and rice are normal goods.
c. The price will increase, because dry beans and rice are inferior goods.
d. The price will decrease, because dry beans and rice are inferior goods.
Inferior goods are those goods whose quantity demanded decreases as consumer income increases. This happens because inferior goods have several substitute products that cost more, but as consumer income increases, consumers will tend to purchase the more expensive substitute goods instead of the cheaper inferior ones. I.e. as consumer income increases, they will seek to purchase higher quality goods, and inferior goods are generally low quality goods that are mostly purchased by people located at the lower socio-economic classes. Other examples of inferior goods are canned meat, instant noodles and cheap frozen foods.
Since the quantity demanded of inferior goods decreases as the economy improves, the demand curve shifts to the left, which will result in a lower equilibrium price.
Answer:
0.1 yen per dollar? if i got it wrong sorry
Explanation:
Since 10 divided by 1000 would be 0.1 yen wait is it the other way around?
Answer:
Structural unemployment is present in case of A, B, C, and D.
Explanation:
Structural unemployment refers to the situation when the workers are unemployed because of the mismatch between the skills they possess and the skills the employers are looking for.
Unemployment caused by drought cannot be classified as structural unemployment. The rest of the examples involves cases of structural unemployment.
Explanation; A product is said to have reach its saturation point if such a product is no longer generating new demands due to factors such as competition, decreased need, obsolescence, etc.
