Who is that? I can’t say I’ve heard that name before.
In the context of contemporary approaches to management, the sociotechnical systems theory was developed in the early 1950s by researchers from the London-based Tavistock Institute of Human Relations. This sociotechnical theory states that <span>the design and performance of any organisational system can only be understood and improved if both ‘social’ and ‘technical’ aspects are brought together and are working together.</span>
Answer:
neither in the labor force nor unemployed
Explanation:
Since in the question it is mentioned that the Jai Li lost her job and neither she has not yet started looking for a new job
So according to the Bureau of Labor Statistics she counted as a neither in the labor force nor unemployed because labor force includes the combination of employed people + unemployed people
She does not qualify any of the above criteria
Hence, the last option is correct
It should be noted that good starting point for developing time and cost estimates is Past experience.
<h3>What is cost estimate ?</h3>
A cost estimate can be regarded as the approximation of the cost of a program as well as project.
The cost estimate can be seen as product of the cost estimating process and it based on past experience.
Learn more about cost estimate at;
brainly.com/question/251701
Answer:
Mark's individual consumer surplus is $10.
Explanation:
Mark and Rasheed are at the bookstore buying new calculators for the semester.
Mark is willing to pay $75 and Rasheed is willing to pay $100 for a graphing calculator.
The price for a calculator at the bookstore is $65.
The consumer surplus is the difference between the maximum price that a consumer is willing to pay and the price he actually has to pay.
Mark's individual consumer surplus
= Price mark was willing to pay - Price he actually has to pay
= $75 - $65
= $10
