Marginal cost <span>is the incremental cost of wear and tear on an asset.</span>
Answer: C: The cost of rice at a market rises by 20 percent over three years.
Explanation:
inflation is a measure of the rate of rising prices of goods and services in an economy.
Answer:
Explain: Demand is elastic when a change in price causes a relatively larger change in quantity demanded. Demand is inelastic when a change in price causes a relatively smaller change in quantity demanded. Demand is unit elastic when a change in price causes a proportional change in quantity demanded.
Answer:
emotional labor
Explanation:
In simple words, emotional labor refers to the process in which an employee has to control his or her emotions due to the requirements of the job he or she has to perform. Generally, such kind of labor is required in jobs where the employee has to directly deal with the clients of the organisation.
In other words, it is concerned with acting in a specified emotion no matter what the situation is and what emotions one is actually feeling at the moment. Emotional labor often leads to dissatisfaction for jobs and poor mental health of employees.
Answer:
buying a second house
Explanation:
bonds have a high chance of providing returns whereas the housing market is very hard to predict
