Answer:
microeconomics
macroeconomics
macroeconomics
macroeconomics
microeconomics
microeconomics
Explanation:
Macroeconomics is a branch of economics that studies the economy as a whole. Macroeconomics studies economic aggregates such as inflation, unemployment, GDP and growth rate.
Microeconomics is a branch of economics that studies the decisions individuals and firms make in response to changes in economic factors. These factors include price, resources etc. it studies how firms and individuals allocate and make decisions about resources
Corporate governance is the system of company oversight designed to ensure that the interests of owners and other stakeholders are protected.
<h3>What is
Corporate governance?</h3>
Corporate governance can be described as the system whereby a companies are been directed and controlled.
It should be noted that the Boards of directors are responsible for the governance of their companies, however the shareholders' role that can be associated to this governance help to appoint the directors and the auditors .
Hence,Corporate governance is the system of company oversight designed to ensure that the interests of owners and other stakeholders are protected.
Learn more on Corporate governance at:
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The difference between an inventor and an entrepreneur is that, an inventor develops new services and goods but he does not have them to the market. An entrepreneur risks resources may it be human, capital or natural in order to bring to the market improved and new products.
The risk which is incurred between entrepreneur and inventor is that, entrepreneur undergoes huge financial risks because a lot of money is being invested while inventor has low financial risk since there is no big investment which is being required.
Answer:
He hires 8 workers
Explanation:
The total cost is $1600 for 5,000 chickens minus the fixed cost of $800, which equals $800. The total cost is total of fixed cost and variable cost as in absence of production the total variable cost is zero so from this we can conclude that total fixed cost is zero.
Then divide the total variable cost ($800) buy what Ralph pays his workers ($100), which comes to 8.