The market for labor can be divided into two components, labor demand , and labor supply .
Market labor supply curves are determined more by the number of individuals who choose to supply their labor to that market than the number of hours each supplies.
So at higher wage rates relative to other markets, more people choose to supply labor in that particular market and the curve is always up-sloping.
In perfectly competitive labor and product markets, labor supply curves always measure marginal opportunity costs. The shorter the time period will be and the more specialized the type of labor will be , the less elastic the labor supply curve will be.
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Answer: Option A
Explanation: In simple words, debt financing refers to a process under which an organisation borrows money from other parties without giving any share in the ownership rights.
These finances are usually gathered by selling bonds bills and notes to the general public. Whereas, equity finance sells its ownership rights and raise money from it.
Hence from the above we can conclude that the correct option is A.
In a marketing plan where the primary objective is to create a positive feeling about the brand, such a marketing plan does not account to be specific and measurable. Therefore, the option D holds true.
<h3>What is the significance of marketing plan?</h3>
Marketing plan can be referred to or considered as such a plan that is aimed at boosting and driving the sales of a company's products. This can be achieved by creating a positive feeling about the brand, however, such marketing plan does not define how will a positive image be created and how much positive their image is.
Therefore, the option D holds true regarding the significance of a marketing plan.
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Answer:
find it difficult to communicate meaningful opinions.
Explanation:
Communication is the process by which an individual passes across information in a form that can be understood by the recipient, and it should elicit the desired action in the receiver.
However if the sender has insufficient information he will not be able to access relevant information.
This is the situation in the given scenario where Carlos is asked about a product that he has never seen or used before. In this scenario.
He is likely to find it difficult to communicate meaningful opinions.
The 3 factors are human resources, natural resources and technological development.
Shortage of skilled labour in an economy reduces considerably the quality and quantity of goods and services that the economy produces.
Effective and efficient exploitation of mineral resources results in tremendous growth in the volume and quality of goods and services.
Technologoal development helps to increase productivity.