Answer: Option (D) is correct.
Explanation:
Correct option: Better employment opportunities in a closely-related job.
There is a shift in the market supply curve if there is any changes in the employment opportunities in a closely related to the job. Suppose there are more employment opportunities in a closely related field in the economy as a result market labor supply curve shifts leftward.
Alternatively, if there is a contraction of employment opportunities then this will results in a rightward shift of the market labor supply curve.
Answer:
The activities that creates positive externalities among the options include:
- Late-night road construction begins on a new bridge. As a consequence, traffic is rerouted past your house while the construction takes place.
- You and your friends volunteer to plant wildflowers along the local highway.
Explanation:
Positive Externality occurs when the consumption or production of a good causes a benefit to a third party.
Take for instance, Government grants and subsidies to producers of goods and services that generate external benefits will reduce costs of production, and encourage more supply.
The positive externalities includes supply of merit goods such as healthcare, education, and social housing.
- Late-night road construction begins on a new bridge. As a consequence, traffic is rerouted past your house while the construction takes place. The positive externality here is easy access to transport.
- You and your friends volunteer to plant wildflowers along the local highway. This will cause your relationship with your friends to blossom and when the plants grow, it will purify the air and beautify the environment.
Answer: These transactions can be journalised as follows :-
Explanation:
1. Receivables A/C Dr. 5000
To revenue A/C 5000
( Being paid for training of students)
2a. Cash A/C Dr. 4000
To Receivables A/C 4000
(Being 4000 provided in october)
2b. Cash A/C Dr. 1000
To Receivables A/C 1000
(Being 1000 recieved for training)
2c. Cash A/C Dr. 3000
To Receivables A/C 3000
(Being 3000 recieved for training)
3a. Accounts payable A/C Dr. 1000
To cash A/C 1000
(Being 1000 provided for rental bill of september)
3b. Rental expense A/C Dr. 1500
To accounts payable A/C 1500
(Being 1500 provided for rent bill in october)
Answer:
Option A
Explanation:
In simple words, the innovative technology that Matt has invented is the intellectual property of the organisation he works for due to the clause of the agreement he has signed under their employment.
Matt is contract bound and therefore he has no legal remedy. However, he should be happy for his promotion and incremental package as the company has no need to do so for him whatsoever.
Answer:
After observing the question, there are blank spaces to fill in the question. These blank spaces are to be filled with the right answers. Since it was not shown in the question, I will write out the question again and appropriately add the answers for proper understanding. I hope it helps.
In order to qualify as substantial performance, the party who fails to perform perfectly must perform <u>in good faith</u>. <u>Intentional</u> failure to comply with the contract terms is a <u>breach</u> of the contract. The performance must not vary greatly from the promised performance: an omission, variance or defect in performance is considered <u>minor</u> if it can be <u>remedied</u> by compensation. finally, the performance must create substantially the same <u>benefits</u> as those promised in the contract.