Either A or C would be right, because it couldn't be a decrease of the equity.
Answer:
wages cannot adjust downward quickly and easily.
Explanation:
In a situation where the macroeconomy is experiencing a higher than the natural rate of unemployment, it must be because "wages cannot adjust downward quickly and easily."
Given that wages are arguably the most significant aspect to entice employees or people to work and get paid. Hence, where the wages are not enough to cause for the employees, there tends to be a situation where wages cannot adjust downward quickly and easily. And therefore, people would not want to work where there is low pay, and eventually, unemployment increases.
Answer:
1
Explanation:
Income elasticity is how the quantity demanded of a product changes due to a change in the income of an individual.
The formula for calculating Income elasticity of demand is, percentage change in quantity demanded divided by the percentage change in income.
Here the income of Arista increases but the price of gizmos remains the same, that is why the 10% now will be more than what it used to be before the increase in income.
Hope this helps. Good luck.
The concept of four absolutes quality where quality is considered as necessity and conformance to standard is propounded by Crosby.
Philip B. Crosby in his theory defined quality as something that must be aligned to fulfill customer's need
Answer:
Journals have been prepared below !
Explanation:
