Answer:Substitution effect is greater than Income Effect
Explanation:
When there is increase in supply of labor as the wage rate increases then substitution effect dominates over Income effect.
on the other hand, When supply of labor decreases as the wage rate increases then income effect is stronger than substitution effect.
Here in this case with the increase in wage rate there is an increase in working hours. Therefore Substitution effect is greater than Income Effect
The answer to this question option, A
hope this helps you
Answer: Because those are the process that use our firm's core capabilities. Option B is the most correct option.
Explanation: The core capabilities of a firm is the core competencies of that firm. It is the advantage a firm has over other firms in terms of business and uniqueness.
Those process that consumes the most resources are always the film's core competencies which are the firm's core capabilities. The firm's production and performance depends on them, and the value of the firm in the stock market depends on them. That is why it is very important to every firm to invest more in their core capabilities.
the country of Algeria has large amounts of oil and gas