Answer:
Income will be redistributed from wage earners to goods sellers.
Explanation:
In this instance there are only 2 parties in the economy, the wage earners (buyers) and the seller's.
When there is a price increase by 20% the sellers gain more because they are getting 20% higher on their previous sales.
On the other hand the buyers or wage earners now have to pay more with a constant wage for goods. Their purchasing power is reduced.
So income is being redistributed from the wage earners to the sellers in this economy.
The national labor relation act of 1935 are required
employers to be able to negotiate with people that are under as elected
representatives in which are their employees. By this, the correct answer is
letter b as this is in consistent with the requirement of the relations act of
1935.
Answer:
Option "B" is the correct answer to the following question.
Explanation:
Price-setters is a community or individual, who set a fair price for a particular commodity or product, these types of Individual or community has a higher quality of goods or product that gave him the ability to set his prices.
Other firms are called price taker who depend on the market price
Price-setters firms use a pricing approach.
Social responsibility, fair pricing and truth in advertising.
Answer:
Business Management
Explanation:
With Her <em>Marketing Degree</em> she is able to sell and get the right Customers paying the right price. To run her department she needs knowledge of business operations in Human Resource, IT, Finance , Purchase and Supply and Accounting. The <em>Business Management</em> degree provides these disciplines as minimal.
