Answer:The two main branches of economics are microeconomics and macroeconomics
Explanation:
Answer:
The correct answer is letter "A": the principal wants the agent to act on her own behalf.
Explanation:
The principal-agent problem arises when a <em>principal </em>(stakeholder) hires an <em>agent </em>(manager) to act on his or her behalf but the instructions given by the principal generate a conflict of interest for the agent. Usually, agents have their own points of view on how to handle businesses based on their operations. However, principals may request agents to drive the company towards a different destiny securing the principals' interest.
Answer:
The main difference between wholesaler and retailer is that wholesaler are people who buy products in large quantities for reselling purpose to earn a profit whereas retailer is a person who sells products to the final consumer in small quantities.
Explanation:
Answer:
Longer periods of unemployment for their workers.
Explanation:
Unemployment is when people who are willing and able work do not have jobs
Types of unemployment
structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.
Frictional unemployment: the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.
Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.
Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom
If a government gives generous unemployment insurance programs, there would be less incentive to find jobs because one of the main reasons why people would want to work is to have money. If the government provides generous pay to the unemployed, there would be less motivation to work and unemployment increases
Answer:
following are the answer to this question:
Explanation:
Following are the flows to this question:
- It records the consumer project for completion.
- It records the time, which the professional staff had operated on such a client project.
- It is the document for the office, which overheads the submission.
It's the conventional flow, which operates after the research, that was ended, and the number of human hours and its cost for the individual customer was established.
