Answer:D
Explanation:
If the increase in rubber coincides with advance technology of tires production. The demand of rubber is unaffected bringing the supply of tires increase to some extend provided the demand is high. It could decrease if there is tax or poor government policy. And it remain the same if the demand of rubber meet the supply of tires at equilibrium points.
Answer:
This view opens the opportunity to manage oneself, a pre-requisite to attempting to manage others. Management functions include: Planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal.
Explanation:
Answer:
D
Explanation:
So, lets go over what inflation and purchasing power mean.
Inflation is the increase in money of something.
Purchasing power is a persons ability of pruchasing something.
Now, heres an example. A 300 dollar apple phone was quickly being purchased, and apple infalted the price to 600 dollars. Since people can only afford to purchase so much, some might not be able to afford this. This means not as many people can purchase it.
Since the price was raised, this measn the inflaction was increased.
Since the amount of people that could afford the apple phone shrunk, the purchasing power decreased.
So basically, to summarize this:
As the infaltion of an item is increased, the purchasing power is decreased, for less people can afford the higher price.
Answer:
<u>D - As the rate of inflation increases, purchasing power decreases.</u>
Hope this helps!
Answer:
$500
Explanation:
The computation of the current prevailing weekly wage rate in the labor market is shown below:
= Firm weekly revenues for firm's total weekly output of 111 units - Firm weekly revenues for firm's total weekly output of 110 units
= $25,750 - $25,250
= $500
Simply we deduct the revenue of 111 units by the revenue of 110 units, so that the actual wage rate can come
I think it would be traffic accidents