The answer is D because I higher demand of students to study at university means the school needs to increase wages for university lectures to lower the amount of students likely study at university to create an equilibrium in the supply and demand.
Answer:
The answer is before.
Explanation:
She should create a website before investing
Answer: Geographic Departmentalization.
Explanation:
The hotel chain groups is making use of geographic departmentalization, to cover a larger area with trusted local managers reporting company's chief executive officer. Geographic departmentalization is a situation where a company groups it's resources (human and other resources) among it's several branches located at various locations and the manager at each branch is to relay report of activities to the company's headquarters.
Answer:
By establishing reliability as an objective, the supplier will obtain loyalty as a benefit.
Explanation:
Reliability is essential to establish business or personal relationships, reliability is the value obtained through the actions carried out towards people. Trust is important to a business because it shows that you are upright, responsible, and honest. And in response to business reliability, you get loyalty.
For example, in the case of the restaurant industry supplier that establishes reliability as the objective of their business, their clients will know that their business is complete and responsible for which they will be loyal to this supplier, in this way although other suppliers will offer their products, this provider will be chosen as the main one because it has created a loyalty network with its clients through the reliability of its work.
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Answer: True
Explanation:
Opportunity costs for Latvia:
Opportunity cost of producing fish = 1/2 = 0.5 bushels of grain
Opportunity cost of producing grain = 2/1 = 2 fish
Opportunity costs for Estonia:
Opportunity cost of producing fish = 2/3 = 0.67 bushels of grain
Opportunity cost of producing grain = 3/2 = 1.5 fish
Latvia has a lower opportunity cost in the production of fish while Estonia has a lower opportunity cost in the production of grain. Competitive advantage refers to having a lower opportunity cost in the production of a good.
Both countries can therefore gain from trade if they traded in goods they have a competitive advantage in.
Latvia would gain if they traded fish for grain and Estonia would gain if they did the reverse.
