Answer:
B
Explanation:
Any auction is either “with reserve” or “without reserve.” And the answer how an auctioneer handles higher bids rests with the type of auction being conducted.
In a with reserve auction, the auctioneer may refuse a higher bid (reserve the right to refuse …) where in a without reserve auction, any higher bid must be accepted.
Said another way, in a with reserve auction, the auctioneer is not bound to sell to the highest bidder. In essence, the next higher increment represents the minimum bid.
Answer: Option C
Explanation: The anti global activist are individuals who are concerned about the environmental effects on globalization. The anti globalist carries the perception that social and economic equality could be achieved without the negative effects of capitalism.
These activist complain that, if the business organisation are made free to trade then the poor countries like in Africa, will sacrifice their environmental duties for the investment from rich countries.
Hence from the above we can conclude that the correct option is c.
Answer:
The correct answer is A. A process cost accounting system is appropriate for similar products that are continuously mass produced.
Explanation:
The system of costs by processes is that by which the production costs are charged to the processes, to the accumulated systems of the production costs, by department or by cost center.
This cost system is ideal for companies such as assembly departments. Even in the financial institution where I worked, the process cost system was also used as a method of calculation and cost allocation.
Answer:
Demand decreases
Explanation:
Substitute goods are products that can be used in place of each other. Goods are described as substitutes if a customer can use them interchangeably and get equal or almost the same satisfaction. Tea and coffee will be substitutes if a customer can consume either of them and be happy.
If the price of a substitute good declines, customers will prefer consuming it instead of the other product. The other product's demand will decrease due to a change in customer preferences as a result of a lower price.
Yes, as the unemployment compensation scheme only provides the unemployed with enough money to meet their basic necessities.
Payments provided to unemployed persons by authorised authorities are known as unemployment benefits, sometimes known as unemployment insurance, unemployment payment, unemployment compensation. Benefits are paid for in the US through a mandatory government insurance programme, not through individual citizen taxes. Those amounts may be little, merely covering the most basic requirements, or they could make up for the lost time proportionate to the prior earned wage, depending on the jurisdiction and the individual.
Only individuals who register as becoming unemployed due to no fault of their own are often eligible for unemployment benefits, and frequently only on the condition that they actively seek employment.
To know more about unemployment compensation refer here:
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