Lack of education and degree among these individuals.
These type of workers are exposed only in physical labor which sometimes lack mental exertion. Intellectual skills are also required by most employers which most people who are unfortunate are not able to attain. Thank you for your question. Please don't hesitate to ask in Brainly your queries.
Before government approves a merger, the company must be able to prove that the merger would lower costs and consumer prices or leads to a better product and service. A merger occur when a company joins another company or companies to form a single firm. Merger give companies the opportunity to pool their resources together and achieve better results in term of their products, services and also profits.
Answer:
Post hoc, ergo propter hoc.
Explanation:
The best statement which explains the above scenario is 'post hoc, ergo propter hoc'. This statement is known as an informal fallacy, according to this statement because burglaries were followed by an increase in ice-cream sales then it means that an increase in ice-cream sales is the cause of burglaries. In other words, if 'y' is followed by 'x' then 'x' must have caused 'y'.
Answer:
The answer is: C) the elasticity of demand, where the shortages will be larger if demand is more inelastic.
Explanation:
When the demand for a product is completely inelastic it means that the quantity demanded for that product will be the same whether its price increases or decreases. Rarely any product is completely inelastic, but inelasticity shows a tendency of buyers to keep buying a product even if its price rises, for example gasoline.
Inelastic products don´t follow the law of supply and demand, since the price doesn´t alter the demand.
If suppliers can produce enough goods (product shortages) and the quantity demanded stays the same, the price will rise. But if the demand for the product is inelastic then the shortage will get worse since every time more people will want to buy the product and their will be less product to buy.
The term value chain means we include the supply chain in our analysis and management with B) the downstream portion of the chain and distribution, such as marketing.