Hello!
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The answer to your question is "exempt".
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Employers are not bound by the FLSA regarding employees classified as exempt employees.
Answer:
The correct answer is: high; little.
Explanation:
In monopolistic competition, a firm produces at the level of output where the marginal revenue is equal to marginal cost. The firm is able to maximize its profit at this point.
However, the socially optimal level of output is where the price is equal to marginal cost. This level of output is greater than the profit-maximizing level of output and charges a lower price.
But since the firm is a price maker, it produces at the point where MR equals MC. At this point, the price is higher and the output produced is smaller. This creates a deadweight loss in the market.
The reason why he didn't make the decision was because of the fact that Jamison is being influenced by the substitution effect by which if he were to chose the decision of reducing his hours, the opportunity cost of choosing the decision is likely to be high.<span />
Answer: marketing
Explanation: In simple words, marketing refers to the set of activities that are performed by an organisation with the objective promoting the products that they are offering in the market.
It focuses on providing the customer those products that increases their level of satisfaction to the maximum level. It involves ascertaining the needs of customers and then making a suitable product.
Thus, from the above we can conclude that the correct option is C.
