Herbert Hoover was responsible for the agricultural policies of the U.S.
Yes, It is possible for the opportunity cost of an input to be very low or zero if there is no alternative use for it. It means that the statement is true.
The opportunity cost of an input is zero if it has no alternative use. This is so because the cost of alternatives refers to the value of the next best option. Since there isn't an alternative available in the scenario described, the opportunity cost is zero.
The opportunity cost of a certain activity option is defined as the loss of value or benefit that would result from engaging in that activity (the cost) as opposed to engaging in an alternative activity that offers a higher return in value or benefit in microeconomic theory.
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Answer:
C : satisfied lower-level needs can become reactivated when a higher level need cannot be satisfied.
Explanation:
According to Alderfer's ERG theory an already satisfied lower-level needs can become reactivated when a higher level need cannot be satisfied.
Answer:A) There is no set of guidelines on how to take any potential disciplinary actions with disabled employees
Explanation:
The Absentee rates has no bearing on whether to hire Jay or not. Neither is a demand for higher performance based on the accommodations they will make for him. Employment Discrimination laws prevent organizations from discriminating against applicants based on their race, sex, disability, among other factors. Therefore, they cannot set a higher target for him than those set for workers without disabilities.
While option D would do more to encourage, than prevent Lulumelon from employing Jay, it is not factually correct. During recruitment, accommodations have to made to ensure that the workplace environment is as conducive to a worker with a disability as those without. These accommodations such as physical changes to ensure accessibility, changes to software and technology as well as policy changes can be substantial financially.
A valid reason for not employing Jay is the absence of a disciplinary procedure for people with disabilities in place. The company has to prepare for all possible events and consider what would happen if they had to take disciplinary measures against Jay, which is not available at the moment.
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