Answer:
The correct answer is letter "B": A change in the price of oil.
Explanation:
The supply curve for any good or service responds in front of changes in price. According to the supply law, if the price of a good or service increases so will the quantity supplied moving the supply law to the right. If the price of the good decreases so will the quantity supplied moving the supply curve to the left. The price-quantity supplied relationship is directly proportional.
Answer: Functional
Explanation: The functional structure of an organisational chart places people with similar skills who perform similar activities in a group under a common manager who answers to an executive a level up in the hierarchy who may oversee multiple departments. Therefore, an organizational chart of a company showing vice presidents with responsibility for key areas such as design, manufacturing, sales, marketing, and after-sales support would reflect a functional structure.
An advantage of the functional structure is that employees are allowed to focus their collective energies on executing their roles as a department but sometimes they might develop tunnel vision (seeing the company solely through the lens of the employee’s job function) and often at times there is a lack of inter-departmental communication.
Answer:
b. incur the opportunity cost of ignoring the wishes of others.
Explanation:
Opportunity cost in economics is seen as the forgone cost of doing something.
So in this instance where private ownership rights are well defined, everyone knows what is his own and what belongs to others.
The opportunity cost of this will be to ignore the wishes of others. They must now consider the wishes of others.
Answer:
Pretty sure its a I am not sure however
Explanation:
Answer:A. 5 to 10%
Explanation: A smoothing constant is categorised into three the alpha beta and gamma smoothing constants.
The smoothing constant is variable that is used in time series analysis According to exponential smoothing.
The smoothing constants help to determine how the historical series values are weighed.
THE SMOOTHING CONSTANTS ARE USED IN FORCASTING AS THEY HELP TO ENSURE EFFICIENT FORCASTS.