It’s clearly contributing to increased integration of labor markets and closing the wage gap between workers in advanced and developing economies, especially through the spread of technology. It also plays a part in increasing domestic & income inequality ^^
Answer:
64%
Explanation:
Commercial banks have been found to provide most of the credit needs of small businesses. So small business owners are more likely to get a loan from a commercial bank close to them.
Commercial banks however tend to be reluctant when the economy is stagnant. Mostly small businesses in an economy that is slow have challenges repaying loans collected.
However funds have been made available for small business and are made available primarily through commercial banks
Answer:
False
Explanation:
In a competitive market, if production (and consumption) continues until the marginal benefit of one more unit equals marginal cost, then total surplus is maximized.
As for any extra unit produced
Marginal Benefit > Marginal cost = Surplus
Marginal Benefit = Marginal cost = No Surplus / No loss
Marginal Benefit > Marginal cost = loss
When your Marginal benefit is maximum and Marginal cost is minimum then the surplus will be maximized.
Most efficient situation in which benefit is maximum and the cost is minimum results in maximized surplus.
Answer:
correct answer is Order winner
Explanation:
in the supply chain, every firm want more profit
for more profit, they want increase their supply chain and sell more product
so in this competitive characteristics customer choose 1 company product over another company with their attractive offers
so as that order winder is special products and service that attribute desire from the customers that enable the company to win by beating competition in the market
so correct answer is Order winner
Answer:
B. Human Resource
Explanation:
The functions and responsibilities of a factory worker differ depending on the workplace. A factory Worker may operate machinery and tools, work on a production line, clean and repair equipment, or work as required.
Factory Workers work in manufacturing or processing facilities, are good with their hands, and execute repetitive duties. Factory workers are hence are a human resource.
