The correct option is A). the demand curve would shift to the right.
<h3>What happens when the demand for skilled labor increases?</h3>
When the demand for skilled labor get increases, the demand curve would shift to the right.
As the demand for the goods and services increases, the demand for the skilled labor will also increase, which will cause the demand curve shift to the right.
If the demand for the goods and services decreases, the demand for labor will decrease too, and demand curve will shift to the left.
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<u>Answer:</u>
<em>(A) Principle of Supply and Demand
</em>
<u>Explanation:</u>
In economic theory, the law of the organic market is viewed as one of the significant standards administering an economy. It is depicted as the state though supply expands the cost will in general drop or increase, and as request builds, the price will in general increment or the other way around. The increase in demand is equivalent to moving the blue line to one side. A model would be twice the same number of clients needing to purchase the item because of good verbal exchange and promoting.
Answer:
C) Self actualization
Explanation:
From the question, we are informed about example of alocal church is made up of people who are very different in their lifestyles and their stages of life, we are told if Mary who is is a 23-year-old single parent who earns the minimum wage. Jonathan is 60 years old, extremely wealthy, and works because he enjoys it. Jane is a 45-year-old lawyer who earns well and is well-respected in her profession. She is extremely career-oriented and is proud of her achievements.
In this case, self actualization would motivate Jonathan the most. This is because self actualization can be regarded as self fulfilment, it is when one fully realize his/her potential and gives appreciation, and here
Jonathan is 60 years old, and described as extremely wealthy, and works because he enjoys it. Hence self actualization is the best answer.
Answer:
Manufacturing is a secondary process of transforming raw materials into finished products.The manufactured goods are more useful and valuable than the raw materials.
The location of manufacturing industries depends on a number of physical and socio economic factors.
1.NEARNESS TO THE SOURCE OF RAW MATERIAL: Large quantities of raw materials are needed for industries. Therefore industries are located near the source of raw materials. It saves the cost of transportation.Steel centres are developed where coal and iron are easily available. Jute mills in West Bengal and the cotton textile mills in Maharashtra are located due to the availability of raw materials.
2.POWER RESOURCES: Coal, oil and water power are the main sources of power. Most of the industries are located near coal fields. Aluminium industries and paper industries are located near hydroelectric stations.
3.MEANS OF TRANSPORTATION: Modern Industries need cheap, developed and quick means of transportation. Cheap means of transportation are required for the movement of workers, raw materials and machinery to the factories.
4.CLIMATE: Stimulating climate increase the efficiency of the labourers. The cotton textile industry required humid climate. The film industry needs good weather with clear blue skies. Similarly the aircraft industry also needs clear weather.
5.SKILLED LABOUR: cheap and Skilled labour is essential for the location of industries. Glass industry at Firozabad and the sports goods industry in Jalandhar are located due to the availability of Skilled labour.
The gross margin ratio is also sometimes referred to as the gross profit percentage or the gross profit margin. To solve for its value, we divide the net profit of a certain company or group by its net sales. From the given above,
gross profit margin = $0.9 million / $2.8 million = 0.32
