metals
gas
water
food
wood
edible plants
basically anything that is a renewable source
<h3>In this case, it would be most wise for WFS to go for external trainers through subcontracting </h3>
Explanation:
Subcontracting is the process of transferring or outsourcing to another entity known as a subcontractor a portion of the responsibilities and duties under a contract. The person or business subcontracting reports to the primary contractor, who is responsible for overseeing the contract work from inception until completion.
Subcontracting refers to the process of bringing specific parts of a contract or project into an outsourced business or entity. In most cases, an organization subcontracts business to perform a task that cannot be handled internally.
This is true. Opportunity cost is the next highly-valued option you give up when you make a choice.
Answer:
C. it will sell its products only to people who agree to buy only from it and not from rival firms.
Explanation:
Generally, any business can choose its business partners. But, under certain circumstances, there are limits on this freedom for a firm with a big market power.
There is an attempting to define those limited situations when this kinds of firm may violate antitrust law:
- The first option is that it violate the antitrust law by refusing to do business with other firms, or do business but under certain requisites. The key here is how the refusal to deal helps the monopolist maintain its empire, or allows the monopolist make an strategy where its monopoly is use in another market to attempt to monopolize other market.
- They can also refuse to deal with customers or suppliers, what cause the effect of preventing them from dealing with a rival: "If you deal with my competitor, I refuse to deal with you."
- Also, regarding to a firm dealing with its competitors, if the monopolist refuses to sell a product or service to a competitor and it makes it available to others, or if the monopolist has done business with the competitor and then stops, then the monopolist needs a legitimate business reason for its actions.
Answer:
<h2>The answer in this case would be the last option in the answer list or options given in the question or falls equally on buyers and sellers in the short run but not the long run.</h2>
Explanation:
- In Microeconomics,elasticity level of supply usually has an inverse or negative relationship with the tax burden in the market.
- Therefore,higher elasticity of supply among the sellers or firms implies that they are relatively more sensitive or responsive to any price change in the market and would not be much willing to accept the burden of the tax which is reflected by an increase in the production cost of output or acceptance of a lower relative price for the output sold.
- Hence,the sellers or firms will reduce the quantity supplied of the output considerably in the market due to the tax imposition in the long run.Thus,even if the tax burden might be equally distributed among both the consumers/buyers and sellers/firms,the buyers/consumers will have a higher tax burden in the long run than the sellers/firms due to higher price elasticity of supply in the long run.
