The conduct code or a manual basically has to define the ways in which people must act in the company.
Explanation:
Every company has a set of standards and how the work culture exists in their company.
This is often a direct inference of the practices of their company in the market and what their place is according to it.
It also depends on what industry the company is a part of.
Thus, the manual makes sure there is a directive way of understanding the rules of conduct of every worker within a company and even for the managers and executive there exists this way of understanding what it is about.
Answer:
The correct answer is option b. average total costs are falling.
Explanation:
When marginal cost is below average total cost, average total cost will be falling whereas the average cost will be rising when the marginal cost is above average total cost.
A firm is highly productive and efficient when the average total cost is the lowest. At this point, the average total cost is also equal to the marginal cost i.e.
Average Total Cost (ATC) = Marginal Cost (MC).
Answer:
Explanation:
The policy of tax cut will be less effective in country B than in country A since the value of the tax multiplier is lower in country B.
The multiplier effect refers to the increase in final income arising from any new injections.
Calculating the Multiplier Effect for a simple economy
k = 1/MPS
A = 1/0.1 =10
B= 1/.5=2
