The approach that Mr. McKay is using in the setting is the
problem based learning. The PBL or the Problem based learning is defined as a
student centered pedagogy by which students are likely to learn a particular subject
based from the experience of having to solve open ended problem found in a
material that triggers it.
The commodity is an inferior good.
An inferior good is one for which the quantity demanded decreases when the income of the consumer increases, or one for which the quantity demanded increases when the income of the consumer decreases. In contrast, a normal good is one for which the demand increases when the consumer's income increases.
Answer:
the answer is equity.
Explanation:
the social equity in resource allocation and distribution is the main concern of an command economy. The entire "command" function is there for this purpose. Opposing to the market system, in which the efficiency of the market is of primary concern, the command system argues that while following to achieve the maximum market effeciency, these economies miss out on the fainress and unbiasedness in economic benefit destribution and therefore creates many social problems such as poverty, rich and poor gap, etc as a result.
The command economy tries to overcome this problem of Equity in market economies.
Answer:
The employer
Explanation:
because use they are replaceable for their employees to be treated well and equally.
Answer:
There is something wrong with this question because October to February is not four months, it's five months.
We can calculate this assuming 3 months of 2016 (October, November, December) and 2 months of 2016 (November and December).
- 3 months of 2016 = ($22,400 / 4 months) x 3 months = $16,800
- 2 months of 2016 = ($22,400 / 4 months) x 2 months = $11,200
No option is correct.
