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iragen [17]
3 years ago
14

According to the market theory of wage determination, under what circumstances will wages for a paticular group be highest?

Business
1 answer:
eduard3 years ago
3 0
The answer to that would be D
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Ngai Nhung is the sales manager at Hung Technologies. At lunch with the company CEO, Ngai proudly announced that he had negotiat
beks73 [17]

Ngai Nhung is the sales manager at Hung Technologies. At lunch with the company CEO, Ngai proudly announced that he had negotiated a <u>blanket purchase order</u> with a client that represented the customer's long-term commitment to buy components from Hung.

<u>Option: D</u>

<u>Explanation:</u>

Here Ngai announcement means that the firm's consumers with their suppliers are going to enable several distribution dates across a period of time, often structured to reap the benefits of fixed prices which showcase the long-term relation between firm and consumer, thus understood as a blanket purchase order.

It is basically utilized when expendable products are recurrently needed. Blanket orders are commonly used when a consumer purchases large amounts and receives special discounts. Calculating the predicted amount planned by the recipient of the commodity is the toughest part of getting an agreement.

3 0
3 years ago
''what type of goods includes raw materials used to produce other products?''
Ulleksa [173]
Industrial goods are type of goods that includes raw materials used to produce other products. They are physical items used by companies to produce other products. Derived demand is the consumer demand for consumer goods. On this  derived demand is based the d<span>emand for </span>industrial goods.

5 0
3 years ago
g Suppose the Federal Reserve begins to increase the supply of money at an increasing rate. What impact would that have on GDP,
satela [25.4K]

Expansionary monetary policy shifts AD to the right.

<h3>What is Expansionary monetary policy?</h3>
  • Expansionary policy, often known as loose monetary policy, expands the availability of money and credit in order to stimulate economic growth.
  • During difficult economic circumstances, a central bank may use expansionary monetary policy to reduce unemployment and stimulate growth.
<h3>Impacts on GDP, unemployment, and inflation by the increase of supply of money:</h3>
  • The Federal Reserve begins to grow the money supply at an increasing rate.
  • The impact on GDP, unemployment, and inflation would be significant.
  • AD is shifted to the right by expansionary monetary policy.

Therefore, expansionary monetary policy shifts AD to the right.

Know more about Expansionary monetary policy here:

brainly.com/question/18939014

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8 0
2 years ago
What kind of economy might a country have if it was influenced by Western thought
vova2212 [387]

Option;

A. communist

B. capitalist

C. democratic

D. republican

Answer: B. Capitalist

Explanation:

Capitalist economic system is one where the ownership and investment are distributed, the fluidity of her wealth and production which are made and maintained by individuals or corporation or by means of wealth which are state owned.

Example of capitalist countries include Switzerland, Australia, Estonia, Canada, United Arab Emirates amongst many others.

3 0
2 years ago
A company controlling a combination of factors to provide value to its target customers is the definition of a?
ale4655 [162]

When a company controls a combination of factors which it uses to provide value for its target customers, this is a marketing mix.

<h3>What is a marketing mix?</h3><h3 />

A marketing mix refers to all the factors that a company uses in order to be able to provide for the goods and services of the customers it targets.

Some of these factors include the pricing of products, the products themselves and their functions, and the place that the products are to be offered.

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6 0
1 year ago
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