Answer:
The correct answer is option c.
Explanation:
If the restrictions on working hours are removed such that keeping other factors constant, the total number of hours worked increases. This will cause the total output to increase.
But the workers will not be able to work efficiently for longer hours. This will cause productivity to decline.
This happens because working for long hours will make the workers tired. Their health is negatively impacted so their productivity will decline.
The answer is: by cheap foreign labor
Currently, most of the corporations that operates in america manufacture their products in countries such as China, india, indonesia, phillipines, or Eastern European countries.
People who live in those countries typically have lower standard of living. Because of this, they can agree in receiving salary that are considerably lower compared to the minimum wage in united states.
Answer:
The correct answer would be, Stereotyping is the likely basis for Adam's decision.
Explanation:
Adam is a young adult of age 25. He is a successful manager in a technology firm. He is asked to hire a team of IT specialists. When reviewing the stack of applications for the desired post, he notices only one candidate who has an experience of over 20 years. He realizes that this person is almost the age of his father. And because he considers his father's IT and other learning skills as slow and outdated, he applies the same thinking and concept to that person and decides not to interview that person, just on the basis of his age and his thinking about old people. His thinking that old people are slow in learning and are not aware of the new IT trends and are outdated is called as Stereotyping, which means the image of someone or something based upon some own's assumption.
The answer is C because smidgen means a small amount, and if she was not hungry then she would have only had a little bit.
As Marshall observed, "Statistics are the straw out of which I, like every other economist, have to create bricks," this statement does definitely illustrate the significance and relevance of statistics in economics.
The economy is one of the most important aspects of our lives. Professionals in the financial sector frequently use it. However, economics without statistics is useless. We will offer statistics on economics with you in this blog. In economics, various statistics in economics are employed. You can reveal those economic information with the aid of this blog. But first, let's look at what statistics mean in the context of economics.
The quantification of data is handled by statistics. The qualitative data that is used in the data collection was represented using a variety of figures. The methodology used to deal with data collection, tabulation, classification, and presentation is known as statistics in economics.
Learn more about statistics in economics here
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