Answer:
b. willingness to pay
Explanation:
Willingness to pay is the term used for the economic value of the good to a person willing to buy under some given conditions. In this situation there is a silent auction which requires willingness of participant to pay the painting under auction. There is no competition involved and in absence of any comparison of prices b. willingness to pay is appropriate term to be used for this.
Side of the package I think
<span>Women were able to find more employment on the in America during WW2, as many jobs typically staffed by men were being vacated due to the increased need for manpower in the military.</span>
Answer:
Five songs
or you might be looking for an answer like this-
1. Factor services, 2 scarce resources, 3. opportunity cost or real cost or true cost
Explanation:
For the first answer
$5
one movie
one movie and five songs
five songs
For the second answer here's an explanation
Circular flow.of income: This is the system of how goods and services flow in for consumption by the households.it also shows the intrrelationship between the households and the business sector of the economy. From the diagram of the circular flow of income, the outer circle presented the flow of real services for productive agents such as land, Labour, capital and enterprise to the business sector.while the flow of goods and services are produced from the inner circle reflect the monetary aspect of what the outer circle produced.
Scarcity : This concept is used to explain how the human wants are unlimited, since human wants are unlimited so the resources to satisfy them are also limited . In order to solve the problem of scarcity, man has to make a choice by ranking his wants in their order of priority this is where we have the scale of preference.
Opportunity cost : This is the cost which described the cost of one product in terms of forgone alternatives. It is the alternative that is forgone in order to satisfy a want. For example a student who need a book that is costing $10, and a cloth that is also costing $10. If the student buys the book instead of the cloth, then the opportunity cost of his choice is the cloth that such student has forgone.
Answer:
Matrix structure
Explanation:
Under a matrix organisation design or structure, there is multiple managerial accountability and responsibility. Chains of command fall along functional lines, product knowledge, customer lines or geographic lines. A matrix design is appropriate for large and complex projects or programs. A matrix design also encourages project integration as employees have knowledge of different operations in the organisation.