Answer:
The answer is B. A change in the wage rate of the workers who produce rubber balls changes the quantity supplied of rubber balls.
Explanation
A change in the wage rate of the workers affects cost of production which in turn influences changes supply.
Answer:
<u>Question 1. </u>
Significant barriers to entry.
<u>Question 2.</u>
A formal collusive arrangement among firms.
<u>Explanation:</u>
Question 1.
It is only when there are restrictions to entering a market that a monopolistic firm will continue to earn economic profit in the long run. That is, <em>if it continues to be the only firm (without competitors) offering products or services.</em>
Question 2.
Remember, a cartel is a <em>unanimous agreement</em> (or formal collusive arrangement) by a group of firms to regulate supply and prices of products in it's industry.
Answer:
Long 5 November fates for wheat today, counterbalance position on September 2020, purchase wheat in the spot showcase in September 2020.
Explanation:
The risk included is upward development in the value, the helpful situation in prospects would be taking long position. Since, the fates are accessible for November month, take long situation on November and balance the situation in September by taking short situation for November month and purchase the wheat in the spot market.
Answer:
<u>A) Path-goal models</u>
Explanation:
- A path growth model is a theory that is based on specifying the leadership style or the behavior that best the employe and the work environment so as in order to achieve the goal.
- The theory identifies the achievement-oriented, and the directive, the participative and the supportive leader which works with the team to best achieve the task, and has is adjustable and shows concern of r the employees of the group.
Answer:
Most common automobile tires are within a few inches of 25″ in diameter, so they cover 2π × 25″ ≈ 157″, or about 13 feet in a complete revolution. So to cover a mile, which is 5280 feet, they'd have to rotate 5280/13 ≈ 406 times.
Explanation:
