Answer: d. income elasticity of demand for that good.
Explanation:
A good is a normal when an increase in income leads to an increase in demand for the good and inferior when an increase in income leads to a decrease in demand for the good. Thus, to determine whether the good is normal or inferior we use income elasticity of demand for that good. If income elasticity is positive the good is a normal good. If income elasticity is negative, the good is inferior.
A bill's supporters in the house of representatives generally prefer a closed rule while opponents generally prefer an open rule. One noteworthy benefit of our bicameral legislative system is the requirement that a proposal be considered and approved by both Houses of Congress in order to become law.
Most legislation, whether permanent or temporary, generic or specific, public or private, takes the form of a bill. This legislative process, in the house of representatives which places a strong focus on the protection of minorities and gives all sides the opportunity to be heard and express their opinions, is one of the most useful protections of the American democratic way of life.
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Answer:
Option B
Explanation:
Open innovation framework includes strategic, controlled transfers of knowledge with actors beyond an organization's borders, seeking to incorporate their expertise and experience into the creative cycle of the organisation itself.
Whereas, A closed development is focused on the assumption that the businesses itself produce developments. The innovation cycle usually occurs exclusively inside the business, from the production of concepts to the creation and advertising.
Thus, from the above we can conclude that the correct option is B.
Answer: Option (a) is correct.
Explanation:
Correct Option: a ratio between the inputs and outputs for which a manager is responsible.
The productivity refers to the value of output that is produce by a factor of production (For example; labor). It is also tell us about the efficiency of a person or any other factor of production for completing a particular work. Productivity grows as the output increases at a faster rate than the inputs.
