Answer:
The correct answer is option B, Proprietor is responsible for his own health insurance.
Explanation:
A sole proprietor is a person who runs a business on his own. He is responsible for all the profits and losses incurred to the business. He runs the business alone. He is the sole decision maker. He himself is responsible for everything happening within the business. He is the sole owner and thus is responsible for the employees' health insurance, gratuity, social security, etc. Being the only owner, he also should be responsible for his own health insurance as well.
Cheaters in cartels make more profit when the other cartel members keep their promises. Thus, option D is correct.
<h3>What are Cartels? </h3>
A cartel is a group of separate companies or social groups that combine to fix prices on goods or services. Within the same sector, cartels compete and work to lessen that rivalry by setting prices in accordance with themselves.
A cartel is an entity with no ethics, which means it often includes cheaters who tend to earn more money than the ones who keep promises. Therefore, option A is the correct option.
Learn more about cartels, here:
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The question is incomplete, the options are:
A)more; break
B)less; keep
C)zero; break
D)more; keep
Ill ask for help from another coworker- if there was no one else available to help them I would help the customer if I am in that field
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A model used to illustrate the trade-offs related to splitting resources between the production of two items is called the Production Possibilities Curve (PPC).
<h3>How do economic actors calculate costs to specialize products?</h3>
The PPC is a useful tool for demonstrating the ideas of scarcity, opportunity cost, efficiency, and economic development and contraction.
Exchange possibilities that lead to consumption opportunities outside of the PPC are the consequence of production specialization based on comparative advantage rather than an absolute advantage.
In contrast to what would have been achievable domestically, trade between two agents or countries enables the countries to enjoy a higher overall output and level of consumption.
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PPCs can be used to decide who should specialize in a certain good as well as opportunity costs and comparative advantages.
A nation or individual will be able to consume at a point beyond its PPC through specialization and commerce, assuming the terms of trade are advantageous (for example, offering each agent a cheaper opportunity cost than could be accomplished without trade).
Check out the link below to learn more about opportunity costs;
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