Answer: The correct answer is "D. Its standards apply to all types of businesses, including electronics and chemicals.".
Explanation: The ISO 9000 standards are a set of Quality Control and quality management, established by the International Organization for Standardization (ISO). They can be applied in any type of organization or activity oriented to the production of goods or services. The standards include both the minimum content and the specific implementation guides and tools as well as the audit methods.
Answer: Decrease in the quantity demanded.
Explanation:
According to the law of demand, other things remains constant, if there is increase in the price of a commodity as a result the quantity demanded for that commodity decreases.
In this case, McDonalds increases the price of its hamburgers, so as a result the quantity demanded for the hamburgers decreases. This is due to the higher prices as it will be more expensive for the consumer to buy hamburgers at the prevailing prices.
ANSWER: B) activities producing tangible products, such as radios, newspapers, buses, and textbooks
EXPLANATION: Goods production refers to the production of tangible articles from tangible raw materials as well as from intangible inputs such as ideas, knowledge and information, which will have a commercial value and will be beneficial for consumer use and exchange value. Such examples are Radios and Buses which are produced from tangible raw materials and Newspapers and Textbooks which are produced from Information and Knowledge gathered.
I say around 15-25 yrs but really i am not sure just being honest
Answer:
The correct answer is letter "C": occurs when a market activity leads to a negative or a positive externality.
Explanation:
An Economic Externality is a cost or benefit paid or earned by a third party that does not have control over the factors that produced the cost or benefit. The third-party problem arises when whether negative or positive externalities affect individuals who are not involved in market activities.
