Answer: In-kind income.
Explanation:
Steven's parents has offered him with in-kind income by offering him with furnitures he needs to furnish his new apartment.
In-kind income are income given to an individual that are of value but not money itself. Examples of such income are: clothing, furniture, cars etc.
Answer: there is only one producer of a commodity
Explanation: In simple words, monopoly refers to a market structure in which there is only one participant in the market who is making available the commodity to the customers.
Monopoly can arise from a number of factors such as patents rights, new invention etc. Sometimes the govt. of a country finds it suitable to handle a particular industry for the national benefit such as defense.
Although monopolist is the single producer but still he or she cannot charge any price as the rule of price and demand is applies to monopoly also.
Answer: <em>Options (A), (B), (C) and (D) are all correct.</em>
Explanation:
From the given question, we can easily state that Jonathan illustrate a Leader's, Liaison's, Disseminator's and Spokesperson's role.
Here, Jonathon act as a leader and spokesperson of a cell phone manufacturing company. Also, While making announcement about the vacant position he tends to play the role of a disseminator and liaison between the different strata of the organization.
