<span>The answer is True. The four factors mainly used for production is, Land(means natural resources and technology), labor(working people for dedication to work), capitol(investment and government assistance totally that represent services) and entrepreneurship(the activity of setting up a business).</span>
I believe it really depends on the situation. When you are looking for a job, I think that IQ is definitely more important because you have to show your skills and knowledge. But once you've landed the job, everyone around you will have more or less the same IQ level as you. So this is where EQ comes into the picture. Not all people in your workplace will have the same EQ which means that it can have a significant effect on your success within your company, and afterwards, in life.
Answer:
230 people
Explanation:
a. What is the size of the labor force
The labor force is the sum of the number of employed and unemployed, unemployed meaning people who lack employment, but who want to work, and are looking for a job.
First we substract the people that is not in the labor force, and those under 16 years of age from the total population: 500 - 120 - 150 = 230.
Of this figure, 150 people are unemployed, 23 are part time workers looking for full time employment (they are employed), and the rest: are 57 employed people.
So the size of the labor force is effectively 230 people.
A forecast is regarded as a projection, which is made by someone with regard to the future circumstances.
<h3>What is forecasting?</h3>
The process of prediction or projection of the goals and targets that are to be achieved by an organization in the forthcoming period, with respect to its planning and other factors, it is known as a forecasting.
Hence, option B holds true regarding forecasting.
Learn more about forecasting here:
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Answer: If a positive externality in consumption is present in a market, then <u>" A. the private benefit from consumption will be different than the social benefit from consumption. "</u>
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Explanation: An externality is when the costs or benefits of production or consumption of a particular good or service do not reflect its market price, that is, an externality is an activity that affects others without them paying for them or being compensated.}
Therefore, externalities exist when private costs or benefits are not equal to social costs or benefits.
When social benefits exceed private benefits (positive effects) the company will produce less than socially desirable, because it is receiving benefits lower than the profit provided by its products. On the contrary, when private benefits are higher than social benefits (negative effects), the company will produce more than socially desirable, since it is effectively transferring part of its costs to third parties.