1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Karo-lina-s [1.5K]
3 years ago
15

Critically explain Robbins definition of economics?​

Business
1 answer:
arlik [135]3 years ago
4 0

Answer:

In his landmark essay on the nature of economics, Lionel Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”

Explanation:

You might be interested in
What do you believe are the best solutions for tackling restaurant reservation?
Reika [66]

Efficient Process with Educated Staff in important to tackle Restaurant reservation

Explanation:

Some of the methods hope restaurant reservation should be tackles are :-

1. Reminders- Frequent reminders should be given to the customers who have done there reservation.

2. Slot Allotment - Customers should be given there time slots so that no chaos is created.

3. Discounts-  Few percentage of discount should be given to the customers who reserved there booking.

4. Educate Staff - Employees should be pre aware of the reservation so that preparation and arrangements can be made.

8 0
3 years ago
Which of the following statements is definitely true when price is less than average total cost for a firm producing the profit-
Flauer [41]

Answer:

d. The firm will minimize its losses by shutting down.

Explanation:

The price multiplied the number of output is the revenue, which is less than the total cost as in this scenario. So this company is always lost.

Lost = number units x (cost – price)

The lost is as high as the number of unit produced.

Given the company do not have any room to improve the profit as it’s producing the profit-maximizing level of output; it’s the best for this firm to shut down.

7 0
3 years ago
During which stage of team development is there a high dependence on the leader for guidance and direction as there will be litt
Daniel [21]

During Forming stage of team development is there a high dependence on the leader for guidance and direction as there will be little agreement on team goals.

Because the forming stage involves a period of orientation and getting acquainted. Uncertainty is high during this stage, and people are looking for leadership and authority. High dependence on the leader for guidance and direction. Little agreement on team objectives other than those received from the leader. Individual roles and responsibilities are unclear.

Orientation is the act or process of orienting or the state of being oriented.

Leadership is the art of motivating a group of people to act toward achieving a common goal.

Responsibilities are the quality or state of being responsible.

To know more about the Orientation here

brainly.com/question/12049504

#SPJ4

6 0
1 year ago
An employee is given a formal written warning for an offense he has committed. Despite this, he proceeds to commit another offen
galben [10]

Answer:

temporary suspension and maybe an Improvement Plan.

Explanation:

Based on the scenario, if the company has adopted a progressive discipline program then the according response would be a temporary suspension and maybe an Improvement Plan. This is because a progressive discipline program follows the following steps accordingly.

1) Verbal Counseling. The first step in a progressive discipline process is to merely have a conversation with the employee. ...

2) Written Warning. The second step should be another conversation that is documented in a written format. ...

3) Employee Suspension and Improvement Plan. ...

4) Termination.

Seeing since step 2 has already been done the next course of action would be step 3.

6 0
4 years ago
Read 2 more answers
The three "R's" of socially responsible business are "reuse," " recycle," and "____."
vagabundo [1.1K]

Answer:

Reduce

Explanation:

Reduce

Reuse

Recycle!

6 0
3 years ago
Read 2 more answers
Other questions:
  • Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the f
    6·1 answer
  • Assuming a FICA tax rate of 7.65% on the first $127,200 in wages, 1.45% on amounts in excess of $127,200, and a federal income t
    14·1 answer
  • (able to pick multiple)
    8·2 answers
  • All else equal, a large increase in deferred revenue in the current period would be expected to produce what effect on revenue i
    14·1 answer
  • Young Bobby opened a lemonade stand in his front yard. He used $4 worth of lemons, sugar, and cups, and paid his little sister $
    10·1 answer
  • Mesa Corp. allocates overhead to production on the basis of direct labor costs. Mesa’s total estimated overhead is $450,000 and
    5·1 answer
  • Amy got into trouble last week. She was hanging out with some of her friends, and when they suggested that shoplifting would be
    12·1 answer
  • How are the short-run consequences of price ceilings on bread magnified in the long run?
    7·1 answer
  • The five 10-year semi-annual coupon bonds listed below are of comparable risk and have the same call provision: 5 years of call
    8·1 answer
  • The law used by cities and counties for street improvements, in which a typical example would be that the local government hires
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!