Answer:
Option (b) is correct.
Explanation:
This is a case of monopoly market condition where there is a single firm operating the whole market. The price of the products is set by the single firm and the buyers in this market are price taker. The monopolist can earn normal profit, losses and abnormal profit in the short run and can earn normal profit and abnormal profit in the long run.
In our case, the price of diamonds is high because there is only single firm in the whole market and there is no other competitors in the market. That's why they are charging the higher prices.
Answer:
Politics
Public relations
Explanation:
There are 4 styles of learning namely:
- Sensing uses their senses to understand the world. They verify first for themselves them they believe
- Intuitive perceives inner meaning in how people relate with each other. Usually they don't just take what they see but look for deeper significance.
- Thinking the individual looks at facts and verifiable information. Thinks in terms of cause and effect.
- Feeling is based on like and dislike. They don't use logic but rather implied meaning of actions.
So for a intuitive-feeling style are those who continuously seek for self expression. They are not comfortable with routine tasks. Do not like following set procedures but act intuitively.
These set of people will do better on politics of public relations
Answer:
Employees fall under a particular job category. Entrepreneurs create their own profile. Employees have to perform tasks according their respective job profiles. Irrespective of their interest, they are forced to work in an alien environment.
Answer:
Finland has a free-market economy
Explanation:
The fact that would most support this conclusion is that Finland has a free-market economy. A free market is an economic system characterized by a spontaneous and decentralized order of arrangements by individuals allowing them to make their own economic decisions based on supply and demand in that current time with little or no government control in the matter. This is an economic system that can only work in a developed economic nation.
