Answer:
the experience curve
Explanation:
The experience curve refers to a company having lower production costs due to increasing experience of the manufacturing process.
This concept applies to most activities in life, do you remember "practice makes perfect", well practice is equal to experience. For example the first time you drove a car, it probably took you a long time to go from your point of origin to your destination. Your driving inexperience increased the costs of driving from one place to another (more time and fuel spent). But after a while, when driving was something normal you are able to drive the same distance at a lower cost (less time and fuel).
Imagine for a car company that is trying out a new model. The first units are usually assembled with several flaws that must be corrected and are used to research possible design or equipment flaws. Those failures are corrected as the workers acquire more experience.
Answer:
Public relation
Explanation:
Public relation is the approach a business adopts to communicate to the media and the public. The objective of public relations is the create a good reputation for the company. Through public relations, a business establishes a mutually beneficial relationship between itself and the public.
Public relation uses unpaid media presence to reach its target customers. The organization also support activities such as sports, arts, charitable events and education programs to foster good relationships with the public. By directly engaging with the public, a company gains trust and its brand name become popular.
Answer: C- Knowledge workers
Explanation: Knowledge workers are workers whose fundamental assets that can improve their proficiency to accomplish an economically important job is knowledge. They acquire knowledge from companies and take them from one organization to another.
Some of the functions of knowledge workers in an organization are evaluating information to establish connections with its customers, formulating or improving a technique and providing information about openings of another company. Examples of knowledge workers include computer engineers, accountants, and scientists.
An increase in the interest rate should increase the demand for dollars and the value of the dollar, and net exports should decrease.Thus the correct answer is E.
<h3>What is Exports?</h3>
Exports is refers to sending of goods to foreign countries with the purpose of selling. The export help to strengthen the economy as ist brings more foreign currency into the country which boosts up the value of the economy.
An increase in the interest rate should increase the demand for dollars and the value of the dollar, and net exports should decrease. The demand for and value of the domestic currency rises when interest rates are higher because they tend to attract in foreign investment.
Therefore, option E is appropriate.
Learn more about Export, here:
brainly.com/question/26428996
#SPJ4
Your question is incomplete, probably the complete question/missing part is:"
An increase in the interest rate should ________ the demand for dollars and the value of the dollar, and net exports should ________.
increase; not change
decrease; decrease
decrease; increase
increase; increase
increase; decrease
Answer: Stagflation
Explanation: full def: This is a period of large price inflation combined with no output growth, increasing unemployment, and a recession.
