Answer:
(A) when output increases, the firm spreads its total fixed cost over a larger output
Explanation:
The average fixed cost will decrease as the output increase because the company allocate ths cost over a larger amount making the weight on each unit decrease:
Using math we can determinate that the fixed cost tend to zer oas higher increase the amount of quantity produced.
Supervisor Hadley has suspended an employee covered by a typical labor agreement. In a grievance hearing, Hadley will be called upon to demonstrate just
cause supporting the suspension.
An employer is an institution or someone that employs
workers.
Employers provide salary or wages to their employees in exchange for their
employee’s work.
Answer:
Acceleration is the rate of change of velocity. Usually, acceleration means the speed is changing, but not always. When an object moves in a circular path at a constant speed, it is still accelerating, because the direction of its velocity is changing.
Explanation:
1. Unions have been in decline since the 1960s because of
Answer: <u>A. foreign competition.</u>
Explanation: Unions were often conducted in the past in order to protect workers from<em> "arbitrary decisions" </em>of employers. Such decisions resulted to the<em> laying off of workers </em>and<em> cutting of wages</em>. On the contrary, business owners have a different goal. They wanted to make more profit by cutting the wages, so they didn't like the unions. However, unions have been in decline in the 1960s, mainly because of international/foreign competitions. This is because the "bargaining power of the unions as they represent the employees were reduced."
2. When a bank evaluates a person for a loan, what does the word "capacity" refer to?
Answer: <u>C. The ability to make payments on time.</u>
Explanation: A bank evaluates a person for a loan according to his "capability to pay" the loaned amount. It is not according to his willingness to pay, but to his<em> "ability to return the money</em>." In order to know whether a person is capable of repaying the money on time, the bank analyzes the borrower's gross income and his debt.
