Answer:
Well, we would simply be reduced to a barter economy. Therefore we would have to trade items for items.
Explanation:
This is the way it is because "Barter" is The exchange (goods or services) for other goods or services without using money. So if we needed beef, we would have to give the person trading the beef something of ours. As for countries who want to trade, if one needs wool, and one needs iron, and country A has Iron and country B has wool They'd barter the two items.
Answer:
The correct answer is letter "A": the difference in total costs that result from selecting one choice instead of another.
Explanation:
Differential cost is the result of subtracting the costs of two different options from where only one is to be selected. The concept is mostly used at the moment of producing when the firm must find out the difference in manufacturing one more unit of a good. Differential costs can be variable or fixed costs.
Answer:
The correct answer is False.
Explanation:
It is not true that Bossiddy and Charan consider that the synergy process is the most important, without ignoring that it is very useful for achieving organizational goals. What these authors propose is that the process executed by people is the most important among the top 3 (people, strategy and operations.
Answer:
The correct answer is option B.
Explanation:
A price elasticity of demand is always negative for normal goods. It indicates that the price increase causes demand to fall.
The price elasticity less than 1 means demand is less elastic or inelastic. In other words, a change in price will lead to a smaller change in demand.
Similarly, a price elasticity greater than 1 means demand is highly elastic. So a change in price will lead to a greater change in demand.
Since, afternoon shows have less elastic or inelastic demand, the theatre should charge higher price for them.
While, the evening shows are highly elastic so the theatre should charge lower price.
In this way theatre can maximize total revenue.
Answer:
According to the Uniform Securities Act it is unlawful for an investment adviser to tell a client that the administrator is explained below in details.
Explanation:
Any investment adviser needed to be enrolled to employ an investment adviser spokesperson unless the investment adviser spokesperson is enrolled following this act, present that the enrollment of an investment adviser spokesperson is not valid throughout any period when he is not contracted by an investment adviser recorded under this act.