Structural unemployment. This type of unemployment is the result of changes in industries and reorganization, typically as the result of technology or outsourcing for lower costs.
Answer: Opportunity cost.
Explanation:
The opportunity cost is the prize an individual pays for selecting an option out of all other available similar options. The opportunity cost of renting the cheaper apartment is that Ken won't be able to rent the other costlier apartment.
Answer:
Ownership Utility
Explanation:
It is also known as possession utility, Ownership Utility involves the neatly and well ordered movement of goods and services from the sellers to the buyers.
Answer:
<em>Good sportsmanship</em>
Explanation:
Good sportsmanship in life, as in business, means<em> respecting those who have won or have had considerable success. Make an effort to learn from them and their accomplishment, never to despise them and to undermine their achievement.</em>
This also means to believe the best, not the worst.
One must not just presume that someone has manipulated or lied, believe that they have done great things and find out how you can do that too. Good sportsmanship could not only make a difference in an institution's well-being, but it can also help the individual's well-being.
