In the short run, the individual competitive firm's supply curve is that segment of the: "marginal cost curve lying above the average variable cost curve."
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What is the short run supply curve?</h3>
The short run supply curve of a business is the section of its marginal cost curve that is higher than its average variable cost curve.
According to the law of supply, when the market price rises, the company will supply more of its product.
A perfectly competitive business maximizes profit by generating the amount of production that equals the product's price and marginal cost.
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Answer:
The correct answer is the option B: Acme willfully misclassified Annette as an independet contractor and is liable under Fair Labor Standards Act of 1938.
Explanation:
First of all, an <em>independet contractor</em> is the name that a person receives when provides goods or services under a written contract however they do not work regularly for an employer but work as required.
Secondly, the <em>Fair Labor Standards Act of 1938</em> is a United States Labor Law that creates certain standards that must be accomplished by the employers regarding topics like a minimum wage, ''time-and-a-half'' overtime pay and many others. The basic of this act is to establish standards and protect particular situations regarding the less benefited employees.
Finally, in the case of Acme, where Annette was hired as a independent contractor the company willfully misclassified her due to the fact that she has the same duties and hours of job as Salvatore therefore the company is liable under the Fair Labor Standards Act of 1938 to give her the same salary and health insurance.
Answer: Team leader
Explanation:
A flatter organizational structure is a firm's organizational structure which is tall, mid-sized or flat and is used by many small companies due to lack of manpower.
For example, a new consulting firm will employee senior management employees in finance,marketing, and sales and these executives will act as team leaders.
A team leader is someone who gives instructions, guidance, leadership an direction to a group of individuals to achieving a goal. The team leader the reports his or her results to the manager.
According to deming, Good quality means a predictable
degree of uniformity and dependability with
a quality standard suited to the customer.
