The correct option is w1;q1.
<span>At the profit maximizing level of employment, the wage rate is W1 and the level of employment is Q1.</span>
Answer:
The difference between the wages at the two jobs plus 150.00.
Explanation:
There was a contract of one year and as per Severance pay h and H has to pay this amount.
Explanation:
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Answer:
A) instrumental; terminal
Explanation:
Rokeach Value Survey (RVS) is an instrument that is used to classify values. 36 values are ranked to scale. The values are made up of 18 terminal and 18 instrumental values.
Participant in the survey rank 18 of the terminal values and then 18 of the instrumental values in order of importance to the individual.
RVS has been applied in the fields of psychology, personality, behaviour, social culture and cross-cultural studies.
Terminal values refer to desireable state of existence and instrumental values are preferable modes of behaviour.
The scenario you described suggests that the Law of Demand is correct.
Increase in price will always lead to loss of demand, while replacements for that product will grow in demand.