Answer:the satisfaction a person gets from consumption
Explanation:
Answer:
b. lower price than the pre-subsidy equilibrium, and buyers pay a lower one.
Explanation:
A subsidy is a governments intervention in the form of cash or tax cuts. The government offers subsidies to producers to motivate them to produce more or to lower their cost of production. As a result, there will be more products in the market or goods will be cheaper.
Equilibrium price refers to the price determined by the forces of supply and demand. It is the intersection of the demand and supply curve. It is the price that buyers are willing to pay for a certain quantity of a product; all other factors held constant.
Should a producer receive a subsidy, It will lower his cost of production. The producer's output will cost less. He can afford to offer sellers a lower price as a result of the subsidy. The traders will be able to sell the products in the market at a low price compared to a situation with no subsidy.
<span>The statement that formal planning means specific goals are formulated and never reduced to writing but simply communicated is false.
</span><span>In opposite formal planning is type of strategic planning that includes writing of the organization's goals and objectives. The given definition refers to the informal planning. </span>
The answer is true because it need not coincide with the calendar of the week, but may begin on any day and at any hour of the day
Answer: b.the principles of management are much the same at large and small firms.
Explanation:
Quinn will find that Management Principles do not discriminate against different sizes of firms and that the principles that work in one size can work across ALL sizes.
She will find that the same Principles that helped her in her big NGO will help her JUST AS WELL in this small but pioneering business.
