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VikaD [51]
2 years ago
11

All else​ equal, if job turnover has people leaving jobs and finding new jobs in the same​ industry, this will: A. increase the

demand for labor and the supply of labor. B. increase the demand for labor and decrease the supply of labor. C. decrease the supply of​ labor, but not change the demand for labor. D. not change demand or supply in the labor market.
Business
1 answer:
7nadin3 [17]2 years ago
8 0
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3) When there are more substitutes for a product, the ________ for the product is ________. A) demand; less price elastic
balu736 [363]

Answer:

Explanation:

When there are more substitutes for a product, the demand for the product is more price elastic. The implication of this is that the demand of such product will drop when there is increase in it price because people can get another product which will play the same role with the previous at a lesser price. Hence, the demand for the product vis more price elastic.

6 0
3 years ago
Blue Inc., a highly profitable consumer goods manufacturing company, invests in a number of social responsibility initiatives th
rewona [7]

Answer:

Virtuous Circle

Explanation:

Virtuous circle occurs when one good events feeds on itself to improve business further. In the question, blue inc. invested in social responsibilities initiative (a good event) which on turn generated profits for the company (improved the business), probably by the event leading them to having more loyal customers.

It is a self propagating advantageous situation in which a successful solution or events leads to more desired results or success. It creates a positive feedback loop, creating goodwill with the customers.

5 0
2 years ago
The loan-to-value ratio is 80%. a buyer wants to acquire a property with a purchase price of $116,000. calculate the required do
blondinia [14]
116,000 divided by 80% is $145,000
6 0
3 years ago
TransWave International is a company that markets patented electronic sensors as an early warning device for locating potential
frozen [14]

Answer:

The right option is option C. Team selling

Explanation:

The scenario above shows how TransWave International using team selling

Team selling is a group of people representing the sales department and other functional areas in the firm. The idea behind the concept is that teamwork and sharing knowledge can benefit the bottom line of a firm. It is a sales strategy that involves two-plus members of an organization working together to win business.  

Therefore, TransWave sending an environmental expert, a safety engineer, a legal representative to explain new regulations enacted by the U.S. Office of Pipeline Safety, and an experienced pipeline expert when it meets with a prospect is an example of how TransWave uses Team selling

4 0
2 years ago
The Bloomfield Corporation sells three items of inventory: rulers, mechanical pencils, and notebooks. The company begins operati
grin007 [14]

Answer:

             Value of inventories

1. Rulers = 100*$6 =             $600

2. Pencils = 70*$8 =            $560

3. Notebooks = 120*$7 =    $840

Total                                     $2,000

Value of inventories after additional information

1. Rulers = [(100*$6) + $15] =                               $615

2. Pencils = (70*$8) + (70*$0.50) =                    $595

3. Notebooks= (120*$7) + $12 + (120*$0.10)      <u>$864</u>

Total                                                                     <u>$2,074</u>

8 0
3 years ago
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