Answer:
All these things that she owns will be considered as her wealth
Explanation:
An individual's material possessions such as land, savings, stocks and other such property is categorized as his/her wealth.
Here, the two houses, production company and portfolio stocks, all will be considered her wealth.
The salaries and wages of the person, on the other hand is considered his/her income.
A person with lot of wealth is considered wealthy.
Answer:
Te answer is: The demand for new cars will rise, so the demand for auto loans will also rise, increasing the labor demand in companies that offer auto loans.
Explanation:
When the price of a good or service decreases, the quantity demanded for that good or service will increase.
Interest rates can be considered as the price of a loan, so when interest rates fall, the quantity demanded for loans will increase. This factor plus an increase in car sales, low gasoline prices and low unemployment are the perfect conditions for the auto loan industry to flourish.
When any industry is expected to do so well, their demand for labor is also expected to increase.
<span>The country will have to negotiate new trade agreements with other nations.</span>
Answer:
An artisan uses local wood from a sustainable tree farm to make products.
(third option listed)
Explanation:
<em>Producing </em>is the actual making of something, and so the question of "How to produce?" can be best answered by an explanation of the production process.
So, "An artisan uses local wood from a sustainable tree farm to make products." describes the process of production--how the artisan is making their products.
read more about production at brainly.com/question/1462676
hope this helps!!
Due to the first rule of labor markets, a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his/her marginal productivity to the firm. Therefore, the option A holds true.
<h3>What is the significance of profit maximization?</h3>
A process of following and adapting such methods that derive maximum revenue to the firm is known as profit maximization. It should be the primary goal of any firm in the market.
The first rule of labor markets says that when a firm strives for profit maximization, it does not pay the worker or the labor, more than the marginal productivity that the worker bring to the firm.
Therefore, the option A holds true regarding profit maximization.
Learn more about profit maximization here:
brainly.com/question/17233964
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The question seems to be missing. The complete question has been added for better reference.
Due to the ________ a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his/her marginal productivity to the firm.
a. first rule of labor markets
b. demand product value
c. third rule of labor markets
