The answer to the blank space in the question is task significance. Task significance is <u>the extent to which a person’s job is perceived as important and has impact on both the company and customers</u>.
Jobs with higher task significance would be perceived as important by both the person doing it and other people around him, including his co-workers and customers.
The amount of money that a worker's compensation claimant can recover is :
C. depends on whether the employer carried worker's compensation insurance
hope this helps
Answer:
true , for sure because the lesser the deadweight loss of a tax
Answer:
Penguin patties and kipples should be advertise together.
Explanation:
The cross-price elasticity formula is:
CPE= % Δq of good A/ %Δp of good B
The CPE of penguin patties and raskels is:
CPE= -22%/-20%
CPE= 1.1
If the CPE is positive, then both goods are substitutes, which means that an increase in price of on good will affect positively the quantity demanded for the other good.
The CPE of penguin patties and kipples:
CPE= 7%/-20%
CPE=-0.35
If the CPE is negative, then both goods are complementary, which means that an increase in price of one good will affect negatively de quantity demanded for the other good.
You should advertise complementary goods together because both could be positively benefited by advertising. If the demand for good A increases, it is probable that the demand for good B increases too. If you advertise substitute goods, people will always prefer one, then the advertising will only be effective for one of the good but not for both.
Answer:
The price control that could generate excess supply is to increase the price to 75 cents which would give the suppliers an incentive to supply since the potential profits have risen.
Explanation:
Market equilibrium can be defined as the point where market supply and market demand are equal,leading to stabilization of prices. The forces of supply and demand usually control the price at which goods and services will be set. Economists like Adam Smith utilized the concept of the free market to stipulate that the forces of supply and demand in a market will no government interference always push the market to it's equilibrium. Equilibrium generally means that the forces in the market have no incentive of changing their behavior.
Supply can be defined as the act of making something available to someone. In the context of an economy, the suppliers make goods and services available to the consumers. Demand on the other hand is the quantity of a good or service that consumers are willing purchase at a certain price. When demand exceeds the supply, the suppliers increase the price and when the supply exceeds the demand, the price drops.
In our case, increasing the price to 75 cents would give the suppliers an incentive to supply since the potential profits have risen. This would lead to excess supply since the price is set above the equilibrium price.
