Answer:
temporary competitive advantage
Explanation:
The RBV or the resource-based view is defined as the managerial framework that is used for determining the strategic resources for which a firm can exploit in order to achieve a sustainable competitive advantage.
The resource based view model is in contrast with the with the perfect competition model of the industry competition.
According to this model, the firm that have valuable and rare resources but these resources which are not difficult to imitate is most likely to achieve a temporary competitive advantage with its peer industries in the market.
What would likely raise Olivia's reservation wage is if Olivia learns that the job is more challenging than she initially thought
Reservation price is the least amount of wage that a worker would be willing to accept for services rendered.
<em><u>Factors that lead to changes in reservation wages</u></em>
- Finances: a worker that is in debt or in desperate need of money would have a lower reservation wage when compared with a person that is debt-free. For example, the reservation wage of a billionaire would be higher than the reservation wage of an homeless individual.
- Nature of the job: the more challenging a job is, the higher the reservation wage that would be demanded by a worker.
- Length of unemployment: the longer a person has been unemployed for, the lower the reservation wage.
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Answer:
The correct answer is behavioral segmentation..
Explanation:
A behavioral segmentation refers to the division of potential consumers into groups depending on their own variables such as tastes, knowledge, attitudes, etc. In the example it is noted that the guests receive a different treatment because surely their preference is for a few days; On the other hand, the rest of the people are available to attend more days than the guests.
The correct answer is when “the government has a role in moderating the basic welfare of all its citizens.”
John Keynes was an economist who supported the concept that government intervention can stabilize an economy. He believed that capitalism works best when the government has a role in moderating the basic welfare of its citizens.
Answer: Equilibrium level of aggregate investment for the given rates will be
(a) At 15% - $20 billion;
(b) At 10% - $30 billion;
(c) At 5% - $40 billion.
The idea is to invest up to the point where your expected rate of return is equal to the real interest rate i.
For graph see attachment.