Answer:
consumption of tea will <u>increase</u> , and marginal utility of coffee will <u>increase</u>
Explanation:
As Consumer consumes both tea & coffee, they are substitutes goods (which can be inter change-ably used by consumer).
Substitute Goods' price & quantity are inversely related. Such because -
- Price fall of a good makes it relatively cheaper & increases its quantity demanded, decreases other good's demand.
- Price fall of a good makes it relatively expensive & decreases its quantity demanded, increases other good's demand
So: Tea & Coffee being substitutes - If price of coffee rise, its own quantity demanded decreases & tea demand increases.
Coffee quantity demanded decrease means Marginal Utility of coffee will increase, as - MU decreases with more consumption quantity & it increases with less quantity consumption [as per Law of Diminishing Marginal Utility].
Answer:
no because you're just invisible to others. so the movements that you do are just the same as if people could see you.
Explanation:
Answer:
Regularly tell employees exactly how the company is doing: Share good and bad financial reports with them.
Offer company-wide performance bonuses when the organization hits its targets.
Explanation:
Keeping the employees informed about the good and bad financial reports gives you a competitive edge because it improves employees' performance. They show more loyalty towards the company this way.
Also, offering bonuses upon completing the targets also gives competitive edge as the workers are motivated to work hard to reach the targets.