Answer:
there is persistent excess capacity.
Explanation:
Pressures for cost reduction are intense in industries where there is persistent excess capacity.
Generally, when the level of supply is relatively higher than the level of demand at a specific period of time, the price of goods and services are usually expected to fall.
<em>In this scenario, there is persistent excess capacity in the industry and as such in order to be able to keep up with sales, the company will have to reduce its selling price. This will enable the company to have competitive advantage over its rivals in the same industry. </em>
Answer:
Customers walking into the fast-food restaurants and joining the shortest queues for food, or selecting a queue from lines of equal length, instead of choosing to wait in longer queues to purchase food.
Explanation:
Answer: Helena will most likely end up spending some more money on everything else after receiving the voucher.
Explanation:
The budget constraint is used to shows the combinations of two goods which can be afforded by a consumer. A normal good is a good or product that when the income of the person rises,the demand for the product will also increase.
Based on the above information on the question, the correct answer is "Helena will most likely end up spending some more money on everything else after receiving the voucher".
This is because the voucher she was given can be spent only on educational expenses and her budget constraints comprises of educational expenses and everything else which is made up of normal goods. This means she'll still needs to get the normal goods later.
Answer:
That as inter-disciplinarians we must often bring out common meanings, making them applicable to different texts and contexts.
Explanation:
To deduce is to reduce the choices of answers. Basically by deducing it means to reach to a common definition of the word efficiency in all the fields, whether it be economists, or biologists or political scientists.
This will ensure easy understanding and easy communication of the term at broader level. This will clearly provide for the better ease in all the fields of work.
As we relate to more than a single branch of knowledge, using a single term with different meaning in different branches turns the situation complex.
Answer:
There are contradicting validation rules on the picklist field
Explanation:
There are contradicting validation rules on the picklist fields
