Answer:
Harry loves both hot dogs and hamburgers. He receives about the same satisfaction from eating one hamburger as he does from eating one hot dog, and the two goods fill the same need in Harry's life. The price of hot dogs has been extremely volatile for the past several years, and this year is no exception Hot dog prices decreased tremendously this month Assuming hot dogs and hamburgers are substitutes for Harry, what is the effect on Harry's demand for hamburgers due to the decrease in the price of hot dogs?
There will be a movement down along his demand curve
Explanation:
Reason behind the decrease in demand curve for hamburger would be as a result of decrease in the price of hot dog which would increase the demand since they could be substituted for each other because of their benefits; hence, the demand curve for hamburger would be decreased or mov e down
Answer:
c. full employment
Explanation:
The classical theory refers to a theory in which there is an existence of the full employment. The unemployment would be arise by including the legislation of the trade union and the legislation of the minimum wages in the market system i.e. free based.
Therefore according to the given situation, the option c is the correct and the same is to be considered
Answer: performance feedback
Explanation: Feedback on performance is a process of communication. It should be continuous as improvements are made on the basis of information exchanged between the manager and the subordinates. Regular follow-up dialogue should be in place to determine success.
Feedback is structured to see where things go right and where they go wrong. This suggests that leaders may need to be vigilant while they develop new behaviors and conquer the learning curves of new skills.
B.
adding up the incomes received by all the resources that contributed to production.
Or
D.
all of the above.
Answer:
$11,026 Favorable
Explanation:
The computation of the spending variance for plane operating costs in November is shown below:
= Budgeted cost - Actual cost
= [(84 × $3,160) + (252 × $18) + $593,00] - $318,250
= $329,276 - $318,250
= $11,026 Favorable
