Answer:
Implied covenant of good faith
Explanation:
With respect to the employment-at-will doctrine, this is implied covenant of good faith.
The employment - at - will - doctrine has three major laws which are public policy, implied covenant of good faith and implied contact.
The above scenario is an example of implied covenant of good faith which states that no employer can dismiss or discharge an employee without any plausible reason that makes sense or without proving the employees lack of worth to the company.
One important distinguishing feature of valid arguments is that the conclusion is always based on the premises or follow the premises. If the premise is true then the conclusion is true. If the premise is is false, then the conclusion is false. They are valid arguments.
Answer:
D) the ratio of MPP to factor price will be the same for all factors
Explanation:
The ratio of marginal physical product (MPP) is calculated by dividing the change in total physical output by change in variable input.
In order to minimize costs, producers must combine factors so that the ratio of MPP to factor price will be the same for all factors. This way the amount of physical product produced with require the constant additions of factors of production, in other words, the marginal cost remains constant.
Answer:
The correct answer is letter "B": direct.
Explanation:
Direct Costs for finished goods refer to the items and services directly used in production. Other costs such as rent and insurance for the production site are indirect costs. Examples of direct costs are direct labor and materials, manufacturing supplies or even commissions out of sales.
