Answer:
Refer David to another company.
Explanation:
In the given case, promoting other minority employees is not the correct action because the victim is David. Hiring other African Americans make up for David's loss is not the correct answer either because of the same reason. Paying David's legal costs is not an effort towards compensating for the discrimination. The company is likely required to give David a referral to another company which is the only action that affects David directly in terms of compensation. I hope this was helpful.
Answer:C. full efficiency in this market could be achieved even without reallocating workers between the two markets.
Explanation:
The marginal product of labour is the additional value that will be gained from production from employment of additional labour. The Entrepreneur will be willing to employ additional labour if the wages is lower than the marginal productivity and efficiency will only be achieved at that point.
Moving the labour from to market will not achieved efficiency in either market, for the wage rate is higher than the marginal product of labour in both market.
Increasing wage rate will reduce the efficiency and there is need to increase efficiency by making the marginal product of labour to be higher than labour rate.
Answer:
1. The highest risk for the exporter is in
d. Consignment sales.
Explanation:
a) A consignment sale is not an actual sale. The risk remains with the exporter until the consignee has sold the goods and remitted the required amount to the consignor (exporter). With a letter of credit, the exporter has made an actual sale guaranteed for payment by the importer's bank. With advance payment, the exporter has received some payment for the goods before the importer receives them. With a bill of exchange, there is a formal instrument acknowledging the sale. Therefore, a bill of exchange, letter of credit, and advance payment are used for actual sales, while consignment sale is for transfers of goods for sale.
Answer:
Kazakhstan
Explanation:
Kazakhstan is a country which comes under the upper-middle economy in the world. Their living standard is beyond any other neighbouring countries because it has managed to export a wide array of goods including tobacco. Over the years, Kazakhstan has suffered major human rights issues, but still managed to grow its economy at a reasonable rate.
If the price of sugar falls it will affect the quantity supplied of the sugar. As it will lead to the decrease in the supplied quantity.
<h3>What causes a
fall in the equilibrium price?</h3>
A decrease in equilibrium demand and an increase in equilibrium supply will lead to a drop in equilibrium price, but the effect on equilibrium quantity is unpredictable.
Prices will drop because producers are ready to accept a lower price and consumers now place less value on the product, regardless of the amount.
Reduced demand will cause the equilibrium price to fall and the supply to increase.
Thus, it leads to the decrease in supplied quantity.
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