Answer:
The answer is: psychological contract
Explanation:
Psychological contracts are the expectations or promises exchanged between the parties; employer, employee, or even fellow employees, in an employment relationship. They are not written contracts, but they often implicit or understood between the parties. For example, an employee expects that if he or she works really hard, eventually he or she will receive a promotion or a salary raise.
Answer:
The correct answer is option a.
Explanation:
The price elasticity of demand shows the responsiveness of quantity demanded to change in price. It is measured by the ratio of proportionate change in quantity demanded and proportionate change in price.
Unit price elastic means that the price elasticity of the good is 1. This implies that the percentage change in quantity demanded must be equal to the percentage change in price.
Answer:
The full payment is due within a 30-day credit period.
The buyer can deduct 2% of the invoice amount if payment is made within 10 days of the invoice date.
Explanation:
The credit terms of 2/10,n/30 means that
The credit period available is 30 days in which the fully payment is due
And, if the payment is made within the 10 days so the buyer could eligible for 2% discount on the total price
Therefore the above 2 options should be considered
Answer:
Even Nobel economists refer to roads as “important examples of production of public goods,” ( Samuelson and Nordhaus 1985: 48-49). ... If a road is not congested, then one person's use does not effect anyone else. In this case, use is not rival in consumption, and the road is a public good.
Explanation:
