Answer:
The science of microeconomics covers a variety of specialized areas of study including: Industrial Organization: the entry and exit of firms, innovation, and the role of trademarks. Labor Economics: wages, employment, and labor market dynamics.
Explanation:
Answer:
Decline
Increase
Increase
Bond with low interest rate.
Explanation:
A decline in interest rates might lead to a decline of annual income
and if interest rates increase the value of earnings from his investments will Increase
Given that his goal is to save for retirement and not to sell off, The bonds that poses the biggest risk is the bond with a low interest rate
Answer:
A. It is the point where the demand and supply curves intersect.
Explanation:
The term equilibrium is used in economics to mean balance. The equilibrium price is the balance between the demand and supply forces. Therefore, the equilibrium price is the prevailing market price.
In a graph that shows both the supply and demand curves, the equilibrium point will be the intersection point of the two curves. The intersection or equilibrium point will represent the current market price. A change to either the quantity demanded or quantity supplied will cause the equilibrium point to change.
The basic principle of individual choice which these statements best illustrate is:
- B. People face trade-offs
<h3>What is Choice?</h3>
This refers to the ability of a person to make selections based on what he wants and what he can purchase.
With this in mind, we can see that Rina is training for a triathlon and because of this, she undergoes rigorous training and she makes use of her time effectively and this is an example of People face trade-offs
Read more about choices here:
brainly.com/question/25823499
Answer:
increase the quality of team problem solving
Explanation:
In simple words, the ERG idea to develop a new dimension for more efficiency in the company is a clear evidence that the company and the team can now solve their problems more effectively.
The given case relates to the benefits of having diversity in the organisation with respect to culture, gender and age etc. It makes a more comfortable safe zone within where new ideas come everyday.
