Answer:
b) Prices will fall and quantity will rise.
Explanation:
A new entrant that offers competitions to taxi services increases the supply of transport services. Customers that had been used to getting services from one source will now have a choice.
As per the law of supply, an increase in supply leads to a decrease in the price. Monopolies set high prices to maximize profits due to a lack of competition. The two companies will try to win customers by offering competitive prices. An increase in competition represents an increase in quantities supplied, which results in lower prices.
Answer: I would reject his demand for bribe straight away and i will recommend senior management to protect business ethics at all cost.
Explanation: first of all i would not accept the demand of bribe from the official and would try to report this corruption to the concerned authorities.I would try to pressure the authorities to take strict actions against the official and to make the process to be fair and honest in every way.
I as a representative of my company would recommend senior management to take hands off from the project until appropriate actions are taken by the authority as getting into unethical actions might result in problems in future .
Answer:
Public Policies are the actions of any government, issued by it, that seeks to respond to the various demands of society. They are understood as the strategic use of resources to alleviate national problems.
Public Policies have to do with people's access to goods and services. They consist of rules and actions that aim to solve and respond to the multiplicity of needs, interests and preferences of groups and people that make up a community. So that in the end, the solutions found allow people and groups to coexist despite their differences.
Explanation:
An example of successful public policy is the recovery of the historical heritage of the province of Santa Fe: This Market was opened in 1929 and for many years survived as a space for retail stores. It was the epicenter of the lives of immigrants of the beginning of the century. However, after the 2001 crisis, the market was losing importance. The building was deteriorating, the municipality neglected it and lost a lot of ground in front of the supply of supermarkets. In 2007 it closed.
However, in 2009 the municipality won a project to recover it and obtained financing from EuropeAid. Subsequently, the architectural recovery of the central and interior nave began with original materials. The premises outside the market are already inaugurated. The project also includes the transfer of the know-how of its recovery to municipal markets in other cities.
Answer: sampling
Explanation: Sampling is a statistical analytical technique where a number of observations are selected from a large population. Analysis is carried out on the sample and use to draw conclusion for the whole population.
The introduction of instant photography into her business makes Polaroid an example of disruptive innovation.
<h3>What is disruptive innovation?</h3>
Disruptive innovation serves as a kind of innovation which creates a new market and value network .
This value is usually created into the bottom of an existing market.
learn more about disruptive innovation at;
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