The intersection between the upward sloping function (the supply curve) and the downward sloping function (the demand curve) is the equilibrium price of the market, the point at which the wishes of consumers and suppliers meet.
The graph described should be like the one attached. The example includes the demand and supply curves and the equilibrium price of a market of agricultural products.
When the economic authorities set a minimum price (also called price floor), above the equilibrium price there is a situation of excess supply.
- Producers are willing to produce a larger quantity in the price floor scenario, as they will earn a higher price per unit commercialized.
- Consumers are willing to consume a smaller amount of product units at a more expensive prices.
The wishes of producers and consumers do not meet in the price floor situation, the quantity supplied is larger than the quantity demanded and therefore there is an excess supply.
Explanation:
Written 1,000 years ago, the epic story of 11th-Century Japan, The Tale of Genji, was written by Murasaki Shikibu, a woman.
This would be being female I remember this
After identifying an attitude a supervisor wants to change, it is important to <u>improve performance</u>.
A person's attitude can be seen of as a psychological construct, a mental and emotional entity that is ingrained in or characterises them, or it can refer to the way they approach something or their viewpoint on it. Their thoughts, viewpoint, and sentiments are all a part of attitude.
A lower-level management role that is largely centred on power over employees or a workplace is known as a supervisor, or lead. A supervisor may be among the most senior members of the workforce.
The improvement of the employee's performance, the level of job satisfaction of the employee, and the effective utilisation of resources all affect how effective a supervisor's job is.
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One advantage of the interview method of personality assessment is the "<span>ability to pose open-ended questions".
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In an interview the person under appraisal must be given impressive scope in "recounting his story." Interviews have both verbal and nonverbal (e.g., gestural) segments. The point of the meeting is to accumulate data, and the sufficiency of the information assembled depends in extensive part on the inquiries asked by the questioner.
