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3 years ago

If an industry is made up of five identical firms, the four - firm concentration ratio is

1 answer:

7 0

I had to look for the options and here is the answer. The concentration ratio that is being referred to the description above is 80%. This means that the industry consists of five identical firms and the four-firm concentration is being referred to. Hope this answers your question.

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For each of the scenarios below, determine whether the employer is likely to be discriminating against a person because of age:

barxatty [35]

Answer and Explanation:

In the U.S., the Equal Employment Opportunity Commission (EEOC) is the authority protecting individuals from discrimination at work in any kind because of race, gender, age, religion, ethnicity, nationality, language, sexual orientation, impairment differences or any other type of unfair treatment not related to work itself.

Age discrimination could take place when certain groups of individuals are valued more than others because of their youth or because their white hair represents experience. In any situation, unequal opportunities are given which must be sanctioned. Thus:

A) A young lawyer who just finished work on a multimillion-dollar development deal downtown is hired by an economic development firm in lieu of an older lawyer who works on litigation.

This example does not represent discrimination because the election is based on performance rather than age.

B) A large retail outlet hires a 30-year-old woman to greet customers instead of an 80-year-old woman who has been greeting customers in other stores for a decade.

This example reflects discrimination because a younger woman is hired mainly based on her age rather than her expertise.

C) The owner of a local, hip smoothie bar in a university town just fired a graduate student who had worked at the bar for three years and instead hired a college sophomore.

This example represents discrimination since a younger student is hired to replace another student who was in the last year of university.

3 0

3 years ago

The marketing channels for services are usually Group of answer choices characterized by two to three intermediaries. complex an

Anna71 [15]

Answer:

direct from provider to customer

Explanation:

Service industry is different from the product industry in terms of the marketing channels used. While the product marketing includes thorough examination of possible marketing channels, the service industry has a main marketing channel concept - providing service directly from the provider to customer.

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3 years ago

you learned a variety of fundamental economic concepts. Identify two of the following principles, and apply them to the real-wor

Fittoniya [83]

Answer:

Government policies can help stabilize the economy.

Economic condition of any economy can be determined by determining its GDP and level of employment in the economy. Government policies like Fiscal or Monetary Policies can help stabilize the economy. If the economy is passing through recession,the expansionary monetary or fiscal policies can be implemented by the government. Government can reduce the CRR and Repo Rate and relaxes taxation policy so that more amount is left with the people to raise their living standards. On the other hand, at the time of prosperity,contractionary monetary or fiscal policies can be used . CRR and Repo Rate can be raised and tight taxation policy leave the public with less disposable income and thus their demands come down.

Increasing productivity leads to economic growth

Any economy stands on basically four pillars : GDP, Inflation, Employment and National Income.

As the productivity improves,the GDP of the economy grows.For higher level of production higher level of worker participation is required leading to higher level of employment. It will lead to higher supply of commodities and thus the price and inflation can be controlled. Higher level of employment also leads to higher level of National Income.Thus overall, the economic growth takes place.

Thus we can say that Increasing productivity leads to economic growth.

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3 years ago

is the view of the global economic system as divided between certian industrialized nations that control wealth and developing c

Natali5045456 [20]

Answer:

I do not understand your question explain further

8 0

3 years ago

9. An expenditures incurred on factors of production

zimovet [89]

Answer:

A) cost

Explanation:

In economics, the cost of production is defined as the expenditures incurred to obtain the factors of production.

7 0

3 years ago