Answer:
a. setting a price higher than the going price results in zero sales
Explanation:
Perfect competition markets are theoretical since there is not perfectly competitive market in the world, but some markets, specially commodities, work in similar ways. All the markets that work similarly to perfect competition markets have many sellers and buyers, and that prevents any individual seller or buyer from having to much market power, so all of them must be price takers if they want to sell their goods.
Answer:
a closed shop
Explanation:
Based on the scenario being described within the question it can be said that this provision reflects a closed shop. This term refers to a specific place of employment in which all the individual's who are employed in this place must currently belong to an agreed trade union and be following all the guidelines set forth by the union. Such as the Overnight Construction Company has stated that must be the case in order to hire an individual.
The following statements fulfill the criteria.
Explanation:
- She issues an account statement annually that lists all the transactions made through a customer’s account that year.
<u>This is her responsibility to keep a record of the transactions and make them availabl</u>e.
-She allows customers to withdraw money only if the institution has sufficient cash reserves during the day.
<u>This is also following standard policy of the company</u>
-She provides details to customers regarding the money deposited in their accounts.
<u>This is also in terms with the privacy policy of most firms for consumers to have this information.</u>
Answer:
A) are required to take some action to investigate the complaint.
B) can be held liable in tort for their inaction.
Explanation:
Title VII of the Civil Rights Act of 1964 prohibits discrimination in any aspect of employment, e.g. race, color, gender, religion, etc.
Title VII states that sexual harassment is a form of discrimination.
Sexual harassment happens when, including but not limited to the following:
-
The victim as well as the harasser may be a woman or a man, they don't have to be of the opposite sex.
- Any member of the organization may be a harasser, e.g. victim's supervisor, a co-worker, etc.
- A person doesn't need to be specifically harassed but can be anyone affected by the offensive conduct.
- Sexual harassment may occur without economic treat or damage to the victim.
- The offensive conduct must not be welcomed nor reciprocate.
