The answer is near transfer. This is connected a similar way every time the abilities and information are utilized. Close exchange preparing for the most part includes assignments that are procedural in nature, that is, errands which are constantly connected in a similar request. Despite the fact that this kind of preparing is less demanding to prepare and the exchange of learning is normally a win, the student is probably not going to have the capacity to adjust their aptitudes and information to changes.
Answer:
In this case, Ajay's company is an <u>ethnocentric company</u>
Explanation:
- The <u>ethnocentric company</u> refers to a company who hire staff of the same nationality as the Parent company.
- In the above question the nationality of the company is Indian and the company prefer to hire staffs from the different regions of its Parent company.(i.e India)
Answer: Opportunity cost
Explanation:
From the question, we are informed that Joe sold gold coins for $1000 that he bought a year ago for $1000 and he said that at least he didn't lose any money on my financial investment.
We are further told that his economist friend points out that in effect he did lose money, because he could have received a 3 percent return on the $1000 if he had bought a bank certificate of deposit instead of the coins.
This is a concept of opportunity cost. Opportunity cost is what one forgoes when one makes a different choice. The opportunity cost in this case is the bank certificate of deposit.
Answer:
Number of units it can sell and the number of customers it can serve
Explanation:
The ultimate market constraint (limit) on the amount of pricing power that can be exercised by a monopoly firm is the <u>number of units it can sell and the number of customers it can serve.</u>
<u>Generally</u>.
The price-setting ability of a monopolist faces two kinds of constraints:
1. Number of Units: The monopolist's price setting ability is limited by capacity as cannot sell more than a given quantity of its products
2. Number of Customers: The monopolist is additionally unable to serve more than a given number of consumers.
These 2 factors constrains the pricing power of the monopolist
Wage discrimination
when somebody is paid less than somebody else based upon a physical characteristic
