Production industries make up approximately 19 percentage of all small businesses.
<h3>What is meant by small businesses?</h3>
This is the term that is sued to refer to the business ventures such as the private buinesses, partnerships, joint ventures and sole proprietorships that have very few employees and are known to make really less revenue monthly or at the end of a period.
It has been statistically shown that Production industries make up approximately 19 percentage of all small businesses.
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The level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assurance regarding the accuracy of the information would be low only.
In the given scenario we are given that there is no way to reassure ourselves that the information is accurate about the lemons in the existing market.
So we can not be a hundred percent sure that the information regarding the lemons existing in the market is correct.
As a result, if there was no method to verify the authenticity of the information, only low-quality information would eventually be available in the market for lemons.
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I wouldn't think so. It is a gift card to a store, it isn't straight cash. So No.
Answer:
Explanation:
The effect of this policy will lead to both the leftward shift in the labor demand curve and the higher minimum wage will
lead to an increase in the unemployment rate because once the minimum wage increases, firms will have to pay higher salaries and this will lead to higher costs and therefore firms will retrench employees
Answer: The answer is "Trade by barter"
Explanation:
Trade by barter is one of the ancient transaction means which is still in practice. If the currency exchange of the firms of the two countries does not favour the firms, they may decide to exchange goods for other goods.
The advantage of this trading model is that it has no currency exchange rate limitations. It also makes goods to be readily available.
So, if the currency rate of a US-based company does not favour the company, he may decide to exchange goods for goods in the process known as trade by barter.