Answer:
The correct answer is letter "B": efficiency wages.
Explanation:
Efficiency wage is the amount of money companies are willing to pay employees that is above the equilibrium wage in order to motivate them to increase the organization's productivity, thus, the firm's profits. This scenario implies that as workers are paid higher the unemployment rate is lower.
This is because: Self-driving cars will be less expensive to build than current cars.
<h3>What is creative destruction?</h3>
This term was coined by Joseph Schumpeter. The concept of creative destruction refers to the process of economic innovation, in which some products are replaced by others, or some firms die because they are driven out of the market by others, and so on.
When a company produces a new good that makes the old ones already in the market obsolete, the company is said to be creatively destroying the old goods.
An classical example of creative destruction occurred when Steve Jobs introduced the Iphone in 2007.
Therefore, the emergence of self-driving cars is an example of ""creative destruction"" because self-driving cars will be less expensive to build than current cars
Learn more about creative destruction here : brainly.com/question/4303014
Answer:
variable costs; diminishing marginal returns
fixed costs; do not change
Explanation:
Variable costs are costs that changes with the level of output. If output increases, variable cost increases and if output falls,it falls. Examples of variable costs are wages, cost of production materials etc.
Fixed cost don't vary with production. Example rent.
They do not increase or decrease with production.
I hope my answer helps you
Answer:
-What is a appropriately?
in a manner that is suitable or proper in the circumstances.
-What is a Procedure?
an established or official way of doing something.
-What is a Enthusiasm?
Enthusiasm is intense enjoyment, interest, or approval. The word was originally used to refer to a person possessed by God, or someone who exhibited intense piety.
-What is a Conflict?
a serious disagreement or argument, typically a protracted one.
-What is a Technique?
A technique is a method of doing some task or performing something.
-What is a Obtain?
to come into possession of; get, acquire, or procure, as through an effort or by a request: to obtain permission; to obtain a better income.
-What is a conflict management?
Conflict management is the process of limiting the negative aspects of conflict while increasing the positive aspects of conflict
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