Answer:
B) People face trade-offs
Explanation:
A trade-off happens when you have to balance two (or three in this case) opposing situations. In economics all resources are scarce, and time is the only resource that everyone shares equally. Bob is facing opportunity costs, i.e. if he chooses to train one activity he cannot train the other.
Bob has to decide how to divide the time he can spend training. If he chooses running, he can´t swim or ride a bike. So he has to balance the time spent on each activity, probably depending on which sport he needs to train the most.
Answer:
b) To the manufacturing sector exclusively.
Explanation:
Operations management
It is one of the administration of the business practice , which enable to create very high efficiency within the organisation .
This administration is concerned with converting the labor and the material into services and goods , in order to maximize the profit of the organization .
The operations management team attempt to balance out the cost with the revenue in order to get the highest net operating profit possible .
It is exclusive to the manufacturing sector only .
In the given problem above, what will most likely happen if
the tax cuts increase consumer incentive to save is that the aggregate demand
will likely change as it will increase in the given situation, mainly because
of the tax cut in which it will consume or spend the money earned.
Answer: A. output, investment, and depreciation will decrease and consumption will increase and then decrease but finally approach a level above its initial state.
Explanation: from the above question, an economy that is in a steady-state with no population growth or technological change and the capital stock is above the Golden Rule level and the saving rate falls then output, investment, and depreciation will decrease and consumption will increase and then decrease but finally approach a level above its initial state.
<em><u>answer</u></em>
Procedure for Registering a Partnership Firm
Step 1: Application for Registration. An application form has to be filed to the Registrar of Firms of the State in which the firm is situated along with prescribed fees. ...
Step 2: Selection of Name of the Partnership Firm. ...
Step 3: Certificate of Registration
