Answer:
(a) ISO 9000
Explanation:
ISO 9000 is an international quality certification that helps organizations to understand the basics of quality management, to measure their present state of quality, and also to identify areas for improvement.
Answer:
In that country, the productivity of the average worker
- C) increased by 6.25 percent between 1998 and 2008.
Which of the following statements best describes the scenario?
- A) This is a common occurrence. The policymaker knows the best policy but chooses not to institute it for other reasons.
Explanation:
worker productivity in 1998 = 40 units / 25 hours = 1.6 units per hour
worker productivity in 2008 = 68 units / 40 hours = 1.7 units per hour
therefore, worker productivity increased by (1.7 - 1.6) / 1.6 = 0.0625 or 6.25%
Regarding the second question, this happens all the time. Politicians live in an alternate reality world, they choose to believe that their ideas are facts and that everyone else doesn't know better about any topic in the world. And this doesn't only happen to Trump, it happens everywhere and in every single country.
Answer:
C) 0.5; The product is inelastic.
Explanation:
Elasticity of supply measures the responsiveness of quantity supplied to changes in price.
Elasticity of supply = percentage change in quantity supplied / percentage change in price
Elasticity of supply = 2% / 4% = 0.5
When the coefficient of elasticity of supply is less than one, supply is inelastic.
Inelastic supply means that a change in price would have little or no effect on the quantity supplied.
I hope my answer helps you
Answer:
4. Bonds
Explanation:
Bonds are debt instruments used by corporates and governments to raise capital. Bonds are long-term sources of capital for a business and government and also an investment option to investors.
When the government or corporate issues bonds, they promise to pay the principal amount when the bond matures. Maturity ranges from 5 to 30 years. The bond issuer also commits to pay interest on regular intervals until the bonds mature. The interest to be paid is based on the coupon rate or interest rate as specified by the bond.