Answer:
c. higher; higher the demand for; higher.
Explanation:
Labor Union
A labor union is also known either trade union and workers' union and the organisation is a representation of the interests of workers or employees. Some specific functions and objectives of labor unions is to unit the workers and speak on their behalf on issues surrounding availability of work, wages, benefits and all other work conditions. Unions are most often grouped according to specific industries.
Based on the specific objectives of labor unions as mentioned, it is the interest of labor union to fight for higher wages as well as more demand for labor. Higher wages means higher conditions of living and more demand for labor means more employment opportunities. Therefore, making efforts to increase product demand will have ripple effect on demand for labor was well as higher wages.
Therefore, the higher the demand for the product labor produces, the higher the demand for labor and the higher wages will be, ceteris paribus
Answer:
Absolute value of the price elasticity of demand = 6.8 (ELASTIC)
Explanation:
<em>(See attached)</em>
Answer:
A) Demand would increase
Explanation:
Interest rates and demand are inversely related, that is to say, if interest rates rise, demand decreases, and if interest rates go down, demand goes up.
The reason for this is that a lower interest rate means that loans are cheaper. As loans are cheaper, investments increase, and more investment means more aggregate demand because investment is one of its components.
The Display Ads connects with audiences through social media platforms and millions of other websites partnering with them.
<h3><u>Explanation:</u></h3>
This ad works helps in the displaying of the advertisements and reach out many audiences. This can be divided into two types of networks such as Search network and the display networks. The business can place their advertisements in the form of texts in the search network. The business places the display advertisements in the display network so that it can reach wide range of audiences.
The advertisements in the form of images, text or videos can be displayed in the display network. The display network has wide range of websites encapsulated in it. It includes social media platforms etc for the purpose of displaying the advertisements.
Answer:
PART A
(1) To reduce wastages
(2) To increase profit margin
(3) To reduce cost of operations.
PART B
(1) NO,he is not included
(2) Because he is unable to work or be gainfully employed.
Explanation:
Layoff is a manpower management process through which Organisations down size their manpower strength or number in order to meet certain specified Objectives. Layoffs usually takes place in Organisations that are not meeting their Strategic objectives such profit making,cost reduction and Control etc.
Unemployment is a term used to describe the inability of a person or group of persons who are willing and have the capacity to work but could not secure gainful employment in an economy.
MR. SMITH DOES NOT HAVE THE CAPACITY TO WORK,HENCE HE CAN NOT BE INCLUDED IN THE UNEMPLOYMENT STATISTICS.
