The correct answer for this statement would be TRUE. In the Operational Risk Management or ORM, this involves the careful decision making and should be systematic when managing hazards that endanger naval resources and one of the steps is implement controls which include engineering c<span>ontrols, administrative controls, and personal protective equipment. Hope this helps.</span>
Answer:
He may still be covered in some cases.
He faces more risk than insured people do.
He may have to take precautions but many factors are beyond his control.
Not being able to afford insurance was a factor in him not being covered.
Explanation:
I got it correct
The increase in labor productivity leads to lower per-unit costs because workers<u> can </u><u>specialize </u><u>and the </u><u>firm </u><u>can </u><u>spread product costs</u><u> over </u><u>greater output.</u>
Labor Productivity:
- Is the number of goods produced by a single worker
- Is calculated by dividing total production by the number of workers
When labor productivity increases, it means that workers are producing more output. This results in lower costs per product because the cost of labor will remain the same yet the products are increasing.
In conclusion, increased labor productivity leads to lower costs of per unit production because the number of products would rise relative to the cost.
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Answer:
As the market price of common stock has risen and it is presently at $35 per share, so Reba will likely to find it attractive to convert the bonds into common stock.
Explanation:
Reba having a bond with a value of $1,000 which will get matured in the year 2019 but at present the market price of common stock has risen to $35 per share so Reba might get attract to convert the bond into common stock. As, for bond she have to wait till it matures but the market price of common stock is constantly rising for three years. Therefore, it might attract her.
Therefore, the correct option is A.
Both Monopoly and Oligopoly have large market shares. Unlike monopoly where only one business holds 100% of the market, oligopoly is composed of a few businesses that have market shares. Each movement or decision made by any companies in an oligopoly will greatly affect the market.
Monopoly = 100% market share, has a say on supply and price of goods or services offered.
Oligopoly = 2 or 3 companies share the market. Each have at least 33% of the market. Any change made by one business will affect the other remaining businesses.
