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2 years ago

Which economic system has economic roles that are passed from generation to generation?

1 answer:

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The best answer would be: traditional economy (specifically, it's definitely neither market economy nor command economy - in those economies the family does not necessarily play a role in the chose of roles).

An example of such strict economic roles is ancient India - and the roles are called castes.

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Many former employees at AlphaEnergy, an energy trading and supply company, had a large

Virty [35]

Answer:

Letter A is correct. Unsystematic risk.

Explanation:

Unlike systematic risk, which is an inherent market risk, unsystematic risk is inherent in a specific sector or company.

The case in point concerns the investment of former AlphaEnergy employees, which is a unsystematic risk, as the investment risk in single-company shares includes regulatory changes, management changes, loss of market due to competition and withdrawal of the product from the market.

To reduce this type of risk, investors should seek diversification in their stock portfolio.

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2 years ago

Comparing perfect first degree price discrimination to perfect competition one can conclude that: (i) Total social surplus is th

marta [7]

Answer:

C. Both (i) and (ii) are true

Explanation:

Under perfect price discrimination, consumer surplus doesn't exist since the supplier is selling the good or service at the maximum price that each consumer is willing to pay. This situation maximizes supplier surplus.

Under perfect competition, both supplier and consumer surplus exist.

Since total social surplus = supplier surplus + consumer surplus, total surplus should be the same in both situations.

5 0

2 years ago

What is a warranty?

Delvig [45]

Answer:

Explanation:

A warranty is a written guarantee, issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period of time.

7 0

2 years ago

Read 2 more answers

Firms that can employ and establish _________________, are more likely to protect their competitive advantage from being copied

pishuonlain [190]

Firms that can employ and establish isolating mechanisms are more likely to protect their competitive advantage from being copied and/or eroding away.

Isolation mechanisms:

A company is able to maintain its competitive edge for a longer period of time if it can stop a rival from copying the resource or capability that provides it that advantage. Isolation mechanisms is the name of this technique. For instance, a patent is a legitimate tool to stop imitation.

A firm's objective is to have a prolonged competitive advantage when a resource or capability gives the firm an advantage over competitors for an extended period of time. The industry will determine how long a company can preserve a competitive advantage.

If a business can maintain a competitive edge for a year in a fast-moving field like information technology or quick fashion, it may be quite happy. In an industry with less frequent changes, such as feminine hygiene, a persistent competitive advantage may remain considerably longer.

A sustainable competitive edge cannot be maintained by any company indefinitely. The competition is constantly working to improve its own competitive edge.

Learn more about Isolation mechanisms here:

brainly.com/question/15095207

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7 0

2 years ago

The _____ established a minimum wage and overtime pay for employees working more than 40 hours a week.

r-ruslan [8.4K]

According to the historical and information record, the Fair Labor Standards Act of 1938 established a minimum wage and overtime pay for employees working more than 40 hours a week.

Fair Labor Standards Act of 1938 was made to improve the working conditions of employees and also protect their rights against exploring employers.

The Fair Labor Standards Act of 1938 established standards on minimum wage, working hours, and oppressive child labor.

Hence, in this case, it is concluded that the correct answer is the "Fair Labor Standards Act of 1938."

Learn more here: brainly.com/question/15966261

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2 years ago