The answer to the question is the least privilege policy.
The least privilege policy refers to a concept in computer security where users in a computer network are limited in terms of their ability to access things in the network according to the level of access needed for them to do their job. Thus, a person who works in Finance for example, would have a higher level of access compared to someone who works in Operations.
Answer:
3 workers
Explanation:
At optimal point, wage = Price * Marginal Product of Labour (MPL)
When 3 workers are employed,
Since wage is given = 25
And price = 4
When 3 workers are hired, wage is close to price * MPL because wage = 25 and p*MPL = 24
OR
salary paid = $25*3 = $75
Revenue generated = 24*$4= $96
This combination provides the best profit margin which is 96 - 75 = $21.
Answer:
D : All options are correct
Explanation:
- The marginal buyer is the essence of demand curve while marginal seller is essence of supply curve.
- @ Q = 500 units, Selling Price is set at SP = $35
- @ Q = 500 units, Buying Price is set at BP = $40
- Since, SP ≠ BP our equilibrium price would be $ 37.5 assuming the price elasticity of demand and supply are equal. In any case the equilibrium price would lie in between [ 35 , 40 ] such that to prevent a shortage of units in near future.
- Moreover, if the seller decides to sell at price $35 then he must sell goods greater than 500 units to reach the equilibrium profits. However, it could also lead to excess of units or surplus.
- We see that from selling the goods at SP = $35 while the buyer is willing to pay BP = $40 for 500 goods, the seller would be under-profiting and would be earning $5*500 = $2,500 less than he would at equilibrium price of $40 and selling units greater than 500. Hence, 500 goods is not an efficient quantity of goods.
Answer:
Complete information
Explanation:
A limiting pricing can be described as a strategy that is employed by an incumbent to prevent entry by maintaining a price lower than the monopoly price.
In situation whereby there is completion information, it will be more difficult for an incumbent to successfully engage in limit pricing because knowledge about the incumbent, the market, product, and others is available to others.
