I believe the correct answer is the first option. The labor supply curve is upward sloping because the opportunity cost of leisure decreases as wages decrease and the opposite of such is true as well. As one work one hour more, one will have less time for other activities. As the work rate increases in value, then the opportunity cost increases as well.
Answer:
sure thing
Explanation:
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Answer:
a. It is serving the bottom of the pyramid.
Explanation:
By serving the bottom of the pyramid (impoverished community), the company is giving back to the community.
The water purifiers are cheap when mass-produced, so by partnering with people from this region they will be able to effectively distribute the incentive.
Also this is an avenue for the indegenes to earn income as commission.
<h3>T
he definition (and 1 or 2 examples) of planned, mixed, and market economies.</h3><h3><u>
Explanation:</u></h3>
A free market economy is a planned economy. It is also termed as command economy in which the decisions regarding the production of goods and services and the rules are framed by the government. So me of the examples of this type of economic system includes, Former soviet Union and China.
An economic system that contains the decisions that are taken by both private and government or state owned entities. They have the authority regarding the owing, marketing and selling of the goods and services. U.S and France are the examples of this type.
The laws associated with the supply and demand directing the goods and services production is the market economy. The availability of the natural resources,land and labor, capital are the supplies. Demands includes business, consumers and government purchases. U.S economy is an example of this types.
Answer:
The Internal Revenue Code is federal statutory law while treasury regulations can not stand as laws on their own.
Explanation:
The Internal Revenue Code is federal statutory law passed into law by Congress and automatically becomes a law after the President has assented to it. This implies that the two arms of the government must be involved in it before before it becomes a law, otherwise it is null and void.
Treasury regulation is only meant to give interpretations and explanations to the Internal Revenue Code, law or statue, and it is not really a law by itself. The Treasury usually receives authority from the Congress to write regulations that will serve as the official interpretation of statutory law.
However, this does not mean that the regulations does not have appreciably authoritative weight, but it is just that the weight of authority of the regulation is less than the weight of the Internal Revenue Code.
