Processes involved in the production & distribution of a commodity
Answer:
a. Short-term
b. Long-term
c. Long-term
d. Short-term
e. Long-term
Explanation:
a. A worker laid off because of bad weather is unemployed for the short term as he will be employed when the weather gets better.
b. A worker unemployed in an isolated area is likely to remain unemployed for the long term as there may not be many employment opportunities there. He needs to move somewhere else to find a job.
c. A stagecoach worker is most likely to remain unemployed for the long term as the industry he works in is shrinking. He is structurally unemployed. He needs to acquire new skills to get a job in another industry.
d. A short-order cook is unemployed for the short term, he is likely to find a job at another restaurant. He can also get a job at the newly opened restaurant.
e. An expert welder with little formal education is likely to be unemployed for the long term. He does not have adequate training and skills to match up with new technology. He needs to get additional training and skill to find a job.
Answer: Straight line PPF, Opportunity cost is constant.
Explanation:
The PPF for Sweden is downward sloping straight line which depicts that the resources that are used in the production of these two goods are not specialized and the same set of resources is equally useful in producing both smartphones and tablets. Thus, Sweden's opportunity cost of producing more smartphones and fewer tablets should remain constant.
Answer:
B) All employees would like to have a positive relationship with their leader.
Explanation:
The leader-member exchange relationship theory is based on the idea that leaders will develop an exchange relationship with their staff. How good or bad these exchange relationships are between the leader and his/her staff should influence how they perform and what decisions they make.
As in all relationships, not everything is positive and sometimes people (the leader or the staff) are not interested or willing to have a positive relationship with each other. For example, at school you will not necessarily be friends with everyone, nor would you want to be friends with everyone.
Answer:
Well driving to work isn't considered business related, personal trips are also off the table because their personal. Which leaves miles for conferences and client visits so the answer is <u>4500</u>
Explanation:
Hope this helps