Answer:
a. supply of oranges will increase and the price of oranges will fall.
Explanation:
The crop will have impact on the producer of oranges, their field will have a better yields so, more orange supply. The supplier fixed cost will be distribute among more orange thus, her average cost will be lower.
If the cost is lower, then the price will decrease as well. This will generate an equilibrium cost at more quantity with a lower price.
Answer: The fair distribution of economic benefits.
Explanation:
Equity simply means giving everyone in a society equal opportunities regardless of their racial, religious, tribal or social background. In an economy if everyone present in that economy can enjoy the economic benefits, then equity has been achieved in that economy.
Answer:
A.
Explanation:
Multiple-Hurdle Model of Selection is the process of hiring an employee. In this model of selection, an employee had to pass a series of tests before being selected. In this, an applicant had to go through each test to reach the next round of the selection process.
<u>In the given case, Summerton High School is using the multiple-hurdle model of selection. In their process of selection, in the first step, an applicant's resume is selected that matches the minimum requirement of the schools, then after the selection of resumes, eligible applicants are called for interview. After the interview, a list of applicable candidates is formed and then the applicant is called for the final interview round</u>.
So, the correct answer is option A.
Answer:
Explanation:
The values of a manager determine his style of leadership. Being a manager, one can learn the kind of leadership model that works best in specific situations- from experience, or training courses, books, etc. Although one will sincerely apply only those styles of leadership that aligns with his/ her values related to leadership.
For instance, it may be well known to a manager that building up informal communications and strong interpersonal relationships in the workplace would be a good thing for her company which gives innovation as the topmost priority. But having this knowledge does not mean she will apply the same. She might have acquired few sets of values from her childhood, from earlier job experience, and from the family which diminishes her belief in building informal relationships in the workplace. She will always feel uncomfortable with this type of transformational leadership model.
Hard work is one of my core value, hence I use it in my leadership model. I do always prefer people who are hard-working, and I tend to spend more time with them. I can also cut them some slack when they do few mistakes.
Besides, valuing 'hard work' may lead to some negative actions from me as well. I may not rate or appraise people who are intelligent and often find smart ways of doing works. This improves efficiency but due to my values of leadership, they are always ignored by me.
Answer:
=14%
Explanation:
TVOM represents the Time Value of Money and it represents the worth of an amount of money in present time as compared to its worth in the future. TVOM states that money's potential capacity to earn makes it worth money if received today than if it received in the future.
To calculate the Time Value of Money for Wylie, the following step is undertaken
Step 1: Calculate the difference between $5000 to be received today and the $5,700 Wylie demands as minimum to receive if he is to wait for 1 year
=$5,700 - $5000
=$700
Step 2: Use the formula for TVOM
TVOM= (Difference in value in one year's time /The present amount offered today) x 100
= ($700 /$5,000) / 100
=0.14 x100
=14%
Alternate calculation
Use this formula = P(1+r)= F
P= Present value
r= rate
F= Future value
=$5000 (1 +r) = $5,700
= (1+r)= $5700/$500
=(1+r) = 1.14
r= 1.14 - 1
= 0.14 or 14%
