Answer:
Explanation:
These programs are usually effective and successful because the current employees that provide for this program tend to be the more highly efficient employees in the company and they tend to recruit individuals who they personally know as responsible and qualified. This therefore not only brings in qualified candidates but also saves the company money on recruiters and trainers, since the employee themselves can train the new recruit.
Answer:
lagged effect
Explanation:
The lagged effect in advertising refers to a situation where continuous exposure to an advertisement will increase consumer awareness of the advertised product and eventually lead to the purchase of the product.
In Julie's case, it is the first time she sees a billboard advertising the South of the Border Restaurant and Motel, so the lagged effect is not present yet. She would need to see a lot more billboards before starting to consider eating or staying at that place.
Explanation:
Memo
To,
Attorney
Respected Sir,
I hope that you are fine. I have been approached by a client who wants to purchase a small business and she wants to seek support of an attorney as well for the legal protection of her business deal. However she is a bit reluctant to hire more people as she has a very limited budget and might not pay you beyond her budget. She also wants to settle the deal as soon as possible.
I have seen her case and there is margin in overall deal price. She is paying to the seller a bit more than market situation, so here is a solution that I propose.
Mr Attorney; you get in with her on the deal to provide your services and in return whatever discount we can bargain from the deal, would be shared with you also as your fees. Since the client is willing to pay early, so once the deal is done you can get your fee also.
Hope to hear from you soon on this.
Regards,
XYZ enterprise
Answer: Option (a) is correct.
Explanation:
A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower than the other country.
A country has a absolute advantage in producing a commodity whose production require less number of resources than the other country.
A country exports the commodity in which it has a comparative advantage and imports commodity in which it has a comparative disadvantage.
Therefore, if both the countries decide to trade then Belarus should export linen to Russia.
Answer:
Part 1: How much raw steel does a representative firm produce when the market price is $700?
30Q = 700
Q = 23.33
Part 2: How much raw steel does a representative firm produce when the market price is $400?
30Q = 400
Q = 13.33
Explanation:
One year ago:
Qs = 600 + 4P ; Qd = 9000 - 8P
600 + 4P = 9000 - 8P
Price one year ago: $ 700 'Quantity one year ago: 3400
Current market: Qs = 4200 + 4P ;Qd = 9000 - 8P
4200 + 4P = 9000 - 8P
Price for current market: $ 400
Quantity for current market: 5800
C(Q) = 1,200 + 15Q2
A representative firm in a competitive market would produce steel where MC = P
MC = dC/dQ = 30Q
How much raw steel does a representative firm produce when the market price is $700?
30Q = 700
Q = 23.33
How much raw steel does a representative firm produce when the market price is $400?
30Q = 400
Q = 13.33
