In line with the reading, one gain of having smaller organizations are groups works more quickly and better participation amongst group members.
A set is a group of human beings with some commonplace characteristics or cause. a group can consist of any number of human beings. human beings in organizations engage, interact and perceive each different, often at regular or pre-determined instances and locations.
Groups name such companies in-agencies. Fraternities, sororities, sports teams, and juvenile gangs are examples of in-agencies. members of an in-group frequently come to be competing with contributors of another group for diverse sorts of rewards. This different organization is referred to as an out-organization. a set is formed with at least members. typically, the number of institutional participants in a collection ranges from 15 to twenty participants. It will become tough to control a big institution. consequently, it's miles stated that the more individuals in a set the more complex it's far to control.
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Answer: Commodity, because it was backed by a valuable good.
Explanation:
In the Prisoner of War camp in question, the prisoners had come up with a trade system where they used paper money that was backed by cigarettes. This made that paper money a commodity because it was backed by a valuable good in the camp which was cigarettes.
Commodity money such as this one used to be widely used by nations as their currency would be backed by valuable metals such as gold and silver.
Answer:
The correct answer is letter "D": The higher the expected rate of return, the wider the distribution of returns.
Explanation:
The rate of return (RoR) is the earnings an asset generates in excess of its initial cost. The amount is usually expressed as an annualized percentage rate. The RoR estimates grow between two given periods. The spread of the returns directly depends on how high those returns are: the higher, the wider distribution and vice versa.
Answer:<u><em>If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. </em></u>
Explanation:
If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. In the case of higher MR , the maximum profit will come about at the level of where MR is equal to the MC. So in this case to increase the profit, MR i,e, also the price can be lower to the level of MC to sell more commodity and earn higher profits.
