1.) data
2.)aptitude
3.)skill
4.)personality trait
5.)intrapersonal
6.) learning style
Answer:
A.material symbols
Explanation:
When conveying culture through material symbols, the organisation communicates the profile of someone who is important, the expected behaviours, and traits that give degree of equality in the organisation.
By addressing the attorney by his title the message conveyed is that the attorney's status is something that every employee should strive to achieve, so that they earn the right of equality (to be called by their title).
Answer: The correct answer is "e. customer".
Explanation: This is an example of a firm failing to consider customer effects when setting its final list or quoted price.
This happens because customers prefer to buy these products at Walmart and Target rather than at traditional sales points.
Answer:
The opportunity cost of each pipe and sunk cost of each pipe is $ 8 and $6 respectively.
Explanation:
Opportunity cost: The opportunity cost is that cost which gives the best alternatives options.
Sunk cost: The sunk cost is that cost which is incurred in the past and hence, not recovered in the future.
So, in the given question, the opportunity cost is $8 per pipe as it reflects new current price whereas, the sunk cost is $6 per pipe ($8 per pipe - $2 per pipe) that cannot be recovered in the future
Answer:
Increase
Explanation:
Consumer surplus means the difference between the highest price a consumer is willing to pay and the actual market price of a product
Producer surplus means the difference between the market price and the lowest price a producer is willing to take for his product.
The addition of the two gives total surplus which is also known as economic surplus.
In economics, market price and quantity of a good are obtained when supply and demand curves intersect. The space before the intersection of the two curves is where the consumer is ready to pay higher than the price which suppliers is ready to a given quantity the good. There is therefore surplus for both of them at the market price.
If the demand curve shifts to the right while the supply curve remains constant, the market price will rise and this will lead to increase both consumer and producer surplus increase. By implication, total surplus will rise since it is the addition of both consumer and producer surplus.
Therefore, total surplus will increase if a bad winter in the mainland United States increases demand for tropical vacations, which shifts the demand curve to the right while the supply curve stays constant.
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