<h2>IFRS brings transparency, accountability and efficiency to finanacial market across the globe.</h2>
Explanation:
IFRS - International Financial Reporting Standards
Transparency:
a) international comparability
b) quality of financial information,
- enabling investors to make "economic decisions"
Accountability:
- It strengthens this aspect by reducing the information gaps
Efficiency:
- Helps investors to identify market opportunities
- Alert about the risks across the world
- lowers the Capital cost
Answer: type z firm
Explanation: In simple words, type Z firm refers to the firm structure under which the management of the organisation focuses on factors like employment stability, high productivity and high satisfaction and morale of employees.
The firms employing such structure believes that employees are the most important resource and without their satisfaction operational effectiveness and stability cannot be achieved.
A Republican of which is a multiple person who elects
Consumers always try to equate marginal utility of a good to its price which is a marginal cost of consumption.
<h3>What is marginal utility and why consumers make a choice by looking at both mu and price?</h3>
- So economically a utility is a kind of benefit that a consumer gets by buying a product of choice.
- Now marginal utility is the benefit one gets by buying an additional unit of consumption except the first product bought.
- Here the question is asked about the consumer taking notice of both marginal utility and price while buying goods.
- Hence consumers watch for the marginal utility and price of the good both to equate the marginal utility to its price which is a marginal cost of consumption.
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Answer:
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