Answer:
The correct answer is option D.
Explanation:
The market price is P.
The marginal cost is given at MC.
The subsidy is equal to s.
When the subsidy is provided to only a single firm, that firms marginal cost will decline. The firm can take advantage of decreased marginal cost by increasing the output level. The firm will produce the output where the price and marginal revenue is equal to marginal cost plus subsidy. At this point, the firm will be having maximum profit.
So, the firm will increase production until
P=MC+S
Some of the mistakes that we made are:
- Getting loans unthoughtully
- Buying things that we don't actually need before we managed to fulfill all basic needs for our living.
- Too late to invest. In order to financially secure, it's best to set asie an investment and let the profit compound.
<u>Answer:</u> Option 2
<u>Explanation:</u>
Pioneer of breakthrough products are advanced products in the market. These products help in fulfilling the consumer needs in the market when compared to the current available products. When the breakthrough products meet consumer needs which makes their work and life easier then the consumer preferences change to these pioneer products.
The consumer preferences bring a change in the consumer products market. When modern and latest resources are available in the market with advantages such as ease of use the consumers prefer pioneer products.
Answer:
The correct option is the statement that reads " If a firm commits to making its environment a good place to work,workers will not leave"
Explanation:
The most qualified employees are always been poached because of the value they add to any organization,hence the first statement is absolute truth.
The second statement is wrong because there the best working environment cannot stop people from resigning,what in case someone needs to study masters abroad?
A certain level of turnover is healthy since it paves from for new hands with fresh perspective to be hired.
However, when turnovers becomes excessive,it implies a fundamental problem with the workplace.
The primary advantages for most companies entering the realm of franchising are capital, speed of growth, motivated management, and risk reduction
