Maybe talk about how you're life has been, or what you struggle with and wish to move on from it. Be creative ideas are endless! Or base it on a topic about your life. For example, if you've ever gotten bullied talk about how you felt through that time.
Answer:
d) it can hire all the workers it wants to at the going wage rate.
Explanation:
The price taker means the company or an individual is ready to accept the prices that are prevailed in the market
In the case when a firm is a price taker in the labor market also it cannot set the prices as expected. The attached diagram represent the flat supply curve. It hire the workers depend upon the MPR and the factor supply curves
Therefore in the given situation, the last option is correct
Answer:
B. $1.12
Explanation:
The computation of arbitrage trading profit is shown below:-
Euro Share price = £0.875
Spot rate R = £0.6366/$1.00
1 ADR Share price in US = $5.75
1 ADR = 5 share of shares
Now, The actual price of 1 ADR P1 = 5 × Euro Share price ÷ Share price in US
= 5 × £0.875 ÷ £0.6366
= $6.87
Therefore, The Arbitrage profit = Actual price - trading price
= Actual price - Price in US
= $6.87 - $5.75
= $1.12
Therefore for computing the arbitrage trading profit we simply applied the above formula.
What are your answer choices?
Answer:The classical economist would advocate for free trade, that there should be no artificial influence on the market and that the recession period will be automatically corrected by the forces of demand and supply.
The Keynessian economist will advocate that there should be a direct influence on the market like influence greater demand in the period of recession and reducing the Consumers propensity to consume in a period of expansion.
