Answer:
a. evaluative criteria
Explanation:
Evaluation Criteria: used by a consumer when using choosing between alternatives. Things that can be put into considerations can be features, quality and price for a consumer to come into conclusion on what type to buy
Answer:
A
Explanation:
If there is an increase in the demand for movies, producers would want to make more movies. This would lead to an increase in the demand for actors
The demand for actors can be seen as derived demand.
Derived demand is demand for a good or service that is dependent on the demand for another good.
Due to the increase in the demand for actors, there would be a rightward shift of the demand curve for actors. This would lead to a rise in equilibrium salary for actors and an increase in equilibrium quantity of actors.
As a result of the increase in the salary of actors, the cost of producing a movie increases.
Answer:
e) energy returned divided by energy invested.
Explanation:
When assessing energy resources, it is helpful to use a measure called Energy Returned On Investment (EROI), which is energy returned divided by energy invested.
Energy Returned On Investment (EROI) is a means of measuring the quality of an energy source.
Generally, EROI can be defined as the ratio of the quantity of usable energy (exergy) gotten from a specific energy resource to the quantity of energy used to produce that energy resource.
<em>Some examples of energy resources are fossil fuel, solar, hydropower, wind, nuclear, tidal, hydrogen, wave etc. </em>
Answer:
The answer is option B) During the election phase on union certification efforts: Management has the upper hand because unions are not permitted to communicate with workers within seven days of the election.
Explanation:
During the election phase on union certification, management is very keen on influencing the process to their benefit because they know that once a union is certified for a group of employees, the union becomes their exclusive bargaining agent.
Since management views the union as a rival organization in the company that could challenge them is need arises, they put structures pre election structures such as: unions are not permitted to communicate with workers within seven days of the election.
Answer:
may limit the extent to which a nation specializes in producing of a particular product.
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
For instance, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invested the same amount of resources in a salon business or any other business as the case may be.
The law of increasing opportunity costs can be defined as a principle in business which states that, if an organization or business firm continually raise (increase) its level of production, its opportunity cost also increases (rises).
Consequently, this may limit the extent to which a nation or country in any part of the world specializes in producing of a particular product so as to reduce or lower its opportunity cost.