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Soloha48 [4]
3 years ago
9

Look at the circular flow diagram. Choose and define an environmental issue. Using the diagram as a guide, explain how the envir

onmental issue you chose affects the relationship between business and factor market.

Business
1 answer:
zhuklara [117]3 years ago
4 0

Answer:

Oil spills in fishery areas.

When spills occur the affect the fauna and flora of the ocean the result is the diminish of the quantity of fish available to fishermans and in some cases the total lost of an area for fishery purposes.

This affectation of the factor market end ups creating contingencies for the business associated to the final product market in this case restaurants as the supply of certain fishes cannot be maintained and the lack of the product increase costs that would strongly impact businesses that do not have an strong financial position.

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A distinctive contribution of schooling to the process of socialization is _______
aivan3 [116]
When the school allows students to interact with people of different social backgrounds. 


Hope it helps, Good luck! (:
6 0
4 years ago
the main purpose of writing a business plan is to a. meet a state requirement for new businesses. b. inform employees of your bu
tamaranim1 [39]
The correct answer is c. prepare a "blueprint" for the development of your business

The business plan is best for you as the company owner, not for the state or anyone else. All major companies write business plans for up to 20 years in advance because they have to plan everything.
7 0
3 years ago
Read 2 more answers
Severance pay plans grant employees weekly benefits in addition to state unemployment compensation. True
Yanka [14]

Answer:

False

Explanation:

In simple words, Severance pay can be understood as a salary and/or incentives given to an individual by a company after the job is over. In order to help an individual obtain a new job, severance arrangements can include additional rewards, such as life care and observer ship support.

Thus, the weekly benefits are not included in this and the above statement is incorrect.

4 0
3 years ago
If an increase in the price of a product from $1 to $2 per unit leads to a decrease in the quantity demanded from 100 to 80 unit
Ksenya-84 [330]

Answer:

-0.33

Explanation:

The calculation of the price elasticity of demand using mid point formula is shown below:

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)  

where,  

Change in quantity demanded is

= Q2 - Q1

= 80 units - 100 units

= -20 units

And, the average of quantity demanded would be

= (80 units + 100 units) ÷ 2

= 90 units

Change in price is

= P2 - P1

= $2 - $1

= 1

And, the average of the price is

= ($2 + $1) ÷ 2

= 1.5

So, after solving this, the price elasticity of demand is -0.33

7 0
4 years ago
(1) From the case above, identify four factors within the general environment of Jessops Group Limited..
kari74 [83]

Answer:

The four factors within the general environment of Jess-ops Group Limited are macroeconomic factor, technological factor, regulatory factor, and social factor.

Explanation:

The general environment can be described as the larger environment in which the company operate.

The four factors within the general environment of Jess-ops Group Limited are macroeconomic factor, technological factor, regulatory factor, and social factor.

Note: These factors are explained in the attached file as there was a difficulty in submitting the explanation here.

Download docx
4 0
3 years ago
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