The share of markets by the top firms is known as the concentration ratio
Explanation:
Business Environment
Micro Environnement : it is the internal inside 9f the business
it has full control on the environment
it has lack of vision and mission
Market :it is the outside of the business
it has limited control
Macro: it is the major external outside of the business
it has uncontrollable factors that influence
the decision making
Answer:
identity theft
Explanation:
Identity theft is the act of illegally taking another person's identity in order to maliciously use his/her credit card info or any other credentials. This is equally illegal as any other kind of theft, as it is almost the same as robbing someone real-time. This can be prevented by double authentications and secure passwords.
Answer:
The primary difference between those two concepts is focus that each term has. The first one focus on the relationship between the level of production and the level of return. While the second one focus on the relationship between the level of production and the amount of factors used for that production.
Explanation:
One the one hand, the law of diminishing marginal returns is a concept known in the microeconomics theory due to the fact that it establishes the relationship between the productivity and the income for every aspect of it. Meaning that, when the productivity increases because of the increase of only one factor of production then the income will start to slowly decrease, confirming that when only one factor is increased the production will start to be incomplete and the return will decrease for that.
On the other hand, the law of diminishing marginal rate of technical substitution indicates the relationship between the level of output and the different factor used to produce. Meaning that, it shows how to keep the level of output the same while making changes in the amount of factors used.
Which of the following terms is a general description for a group of crimes?
A) Robbery
B) Larceny
C) Burglary
<u>D) Theft</u>
