Answer:
the Swiss Chalet had higher occupancy than its competitive set in 2019
<span>a.output always is above potential output.</span>
In the given choices above, the potential benefit of
telecommunication is that it was able to provide a reduce employee turnover because
its task was able to provide a technology of which information exchange is made
easy and the employees are given benefits.
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Answer:
Eurenasia is a country that has frequently been assigned low macro-assessment ratings of country risk in the recent past due to its tendency to war with neighboring nations. MNC A is considering the establishment of a subsidiary to manufacture personal computers, while MNC B is considering the establishment of a subsidiary to manufacture tanks. Which of the two MNCs is likely to be less affected by the low macro-assessment?
Option B is correct - MNC B will be less affected by low macro-assessment.
Explanation:
Due to the tendency of Eurenasi to war with neighboring countries, the manufacture of tanks by MNC B will be less affected by low macro-assessment because, during war periods, tank sales will increase. Whereas, Low macro assessment will affect MNC A because it selling computers will be affected by war.
Therefore, Option B is correct - MNC B will be less affected by low macro-assessment.
Answer:
Option C “both buyers and sellers” is correct answer.
Explanation:
The competitive market is the market where a large number of buyers and sellers exist with the liberty of free entry and exit. Moreover, these firms sell homogeneous commodities. However, in the competitive market, the price of the commodity is determined by the market forces ( demand and supply). The intersection of the market demand curve and the market supply curve gives the equilibrium price and this price is followed by the firms. Since buyer and seller represent the market forces that are buyer represent the market demand and seller represent the market supply so when both act together then price and quantity is determined.
