Answer:
All workers have equal ability and can be trained to do different types of employment at minimum cost. Workers can move from one labor market to another at zero cost. All workers must have a bachelor's degree.
Explanation:
In the conventional perfectly competitive model of the labor market, wage-setting is individualistic in the sense that identical workers should receive identical wages in different firms and different workers should receive different wages in the same firm.
Answer:
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Answer: (B) Non-profit
Explanation:
The non-profit organization is one of the type of charitable association that do not paying any type of tax and it basically operating on the basis of scientific, educational and the religious purpose.
According to the given question, Judy is basically starting the new business and she recognizing the various types of music activities socialization and also the memory challenging process for the senior citizen.
She is using the excess funds for developing the programs rather than focusing on the personal profit. Hence, on the basis of given scenario, Judy organization is classifying as non-profit organization.
Therefore, Option (B) is correct answer.
Answer:
The delegation is not effective and valid since the original contract was based on personal skills and it involves personal services.
Katherine's personal expertise is required to write the chapter and Dana does not necessarily possess the same expertise or skills as Katherine does.
In this item, we let the number of tickets sold to the adults as x. With this, we can let the number of tickets sold to students with y.
In this item, we are given that the sum of the number of students and adults is equal to 600. Further, we are also given that the difference is 150. The system of linear equation that would allow us to solve this item is,
x + y = 600
x - y = 150
Adding up the two equations will give us,
2x = 750
Dividing by 2,
x = 375
Substituting this value to the first equation,
375 + y = 600
y = 225
Therefore, there are 375 and 225 number of tickets sold to adults and students, respectively.
