Answer: B
Explanation: consumers buy product to maximize SATISFACTION and not for profit motive. They are expected to buy at the point where price of commodity = marginal utility of the commodity I.e PX = MUx
Answer:
$7.79
Explanation:
The price level that should be choose in order to maximize the profit is $7.79
As when there is a price fixing that lies between the two rivalrs so if one rivalr select to fix the price it should not be more than the rivalr marginal cost i.e. price and it is more than the price .
here the price fixing is $10 so the price level would be less than the rivalr price and more than the marginal cost
Therefore it is $7.79
Let's say that a severe and protracted recession leads some job seekers to give up on their attempts because they think there are no jobs accessible for them. These people are referred to as: Discouraged.
Discouraged by continuous failure: dishearten was deprived of courage or confidence. to undermine an effort to reduce absenteeism by impeding it. sought to discourage her from going, or to try and prevent someone from doing something. to get demoralized Discouragement is the act of trying to persuade someone not to do something. One way to discourage someone is to list all the reasons they shouldn't purchase a new car.
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It is true that employment in county government is not based on system but rather is often determined by political or personal relationships. Critics contend that this leads to inefficiencies.
<h3>How employment is determined by political or personal relationships?</h3>
- Employing someone based only on their political and personal connections could result in inefficiency.
- To make sure they are hiring people who are deserving of the roles they are giving, employers must constantly search the open market for qualified personnel.
- Additionally, by hiring just members of a select set of people, the company or organization may be engaging in unfair labor practices in front of the Equal Employment Opportunity Commission (EEOC) if the offense is committed repeatedly.
- Even while discussing vacancies for public deputy officers, the situation deteriorates.
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