Answer:
Bilateral Contract
Explanation:
A bilateral contract is an agreement between two parties in which each side agrees to fulfill his or her side of the bargain.
The bilateral contract is the most common kind of binding agreement. Each party is both an obligor (a person who is bound to another) to its own promise, and an obligee (a person to whom another is obligated or bound) on the other party's promise. A contract is signed so that the agreement is clear and legally enforceable.
In this case Windsor promises to pay $375 and Gary promises to deliver 20 pounds of cheese.
Answer:
Timing Risk
Explanation:
Timing risk is a type of investment risks that a trade will not be performed at the best market price.
Answer:
b.if 100 units can be produced for $100, then 150 can be produced for $150, 200 for $200, and so forth.
Explanation:
Constant-cost means the cost of producing one unit of product does not change no matter how many products each firm in the industry decide to produce.
If the cost of production is $100 for 100 units, $150 for 150 units, $200 for 200 units and so forth, it means the unit production cost is a constant $1 regardless of the quantity to be produced.
Answer:
The institutional structure is that part of the organization most visible to the outside public
Explanation:
An organization ecosystem is defined simply as a system formed by the relationship or interactions of a community of organizations and their environment.
Organizational niche:
is simply an area, region or domain of unique environmental resources and needs.
An Organization is simply defined as a body or and entity that have clear inside/ outside boundary that work towards an explicit aims.
The institutional view is of the notion that when an organizational field is just getting started, diversity is the norm, but later there is a push for similarity.
Answer:
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- <u>1. The slope is negative</u>
- <u>2. The demand decreases when the prices increase.</u>
Explanation:
<em>Describe the slope of the demand curve?</em>
<em>The slope of the demand curve</em> is negative.
The demand curve is graphed on a coordinate plane with the price in the horizontal axis (typically the x-axis) and the demand on the vertical axis (y-axis).
Thus, the slope will be the rate of change of the demand over the change on the price.
Mathematically:
Since, as you move from left to right, on the x-axis, the prices increase, and the demand (on the y-axis) lowers, the change in demand is negative and the change in the prices is positive, resulting in a negative slope.
This is seen graphycally because the demand curve is decreasing (downward-sloping).
<em>How does the slope reflect the law of demand?</em>
The slope reflects perfectly <em>the law of demand</em> because the law of demand states that, since the resources are scarce, when the prices incrases the quantities demanded decrease.
