Answer:
b) An automobile producer's decision to supply more cars will lead to an increase in the demand for automobile production workers.
Explanation:
Derived demand describes the demand for a product or service that results from the demand for an intermediate or a related good or service. Demand is only referred to as derived if it's solely as a result of the product being demanded to produce or acquire other goods or services. The demand for intermediate or related goods is directly proportional. Should the demand for a good increase, the demand for its related or intermediate goods increases.
An increase in the supply of car implies more workers will be needed to work to produce them. The increase in demand for workers is purely a result of an increase in the production of cars.
Answer:
The correct answer is letter "A": True.
Explanation:
The field of Organizational Development (<em>OD</em>) involves the development, functioning, and effectiveness of human relations within an organization. Emphasis is given in human capital by implementing dynamic processes, creating a style, and highlighting an institutional goal.
If corporate tax increases then businesses would make up for the loss of profit due to this raise in taxes by charging consumers a higher price, therefore reducing Aggregate expenditure as fewer people buy the product at the higher price, probably because some would rather buy cheaper imports or because some cannot afford it at all now due to the higher price.
Another thing the business might do to make up for the loss in profit due to the raise in taxes is they might lay off some employees thereby making those fired employees incomes fall to zero, they may also reduce the remaining employees wages or salaries so that business costs fall and a good profit level is reached for the business.
He should look in a phone book of the news paper. These two options would be the most reliable.
