What would likely raise Olivia's reservation wage is if Olivia learns that the job is more challenging than she initially thought
Reservation price is the least amount of wage that a worker would be willing to accept for services rendered.
<em><u>Factors that lead to changes in reservation wages</u></em>
- Finances: a worker that is in debt or in desperate need of money would have a lower reservation wage when compared with a person that is debt-free. For example, the reservation wage of a billionaire would be higher than the reservation wage of an homeless individual.
- Nature of the job: the more challenging a job is, the higher the reservation wage that would be demanded by a worker.
- Length of unemployment: the longer a person has been unemployed for, the lower the reservation wage.
To learn more about reservation wage, please check: brainly.com/question/14293413?referrer=searchResults
Answer:
Contingency plan.
Explanation:
Contingency plan is a plan conducted by an organization to prepare for , react to and recover from events that threaten the security of information and information assets in the organization , and the subsequent restoration to normal modes of business operations.
It prepares the organization for any potential risk , as response to such risk will be fats and timely , and consequently , loss are minimized.
By the end of the nineteenth century, the United States banking system transitioned from bimettalism to flat greenback currency.
Bimetallism involves the use of gold and silver as a form of legal tender. The worth of the quantity of the gold and silver is usually presented as a form of exchange to buy the equivalent of the goods and services.
The change was done close to the civil war and this helped to stabilize the economy as the silver coinage was exempted thereby giving rise to displeasure of people who had Silver. The aim of this change was achieved as inflation was stopped.
Read more on brainly.com/question/25239293
Answer:
omg thats meeeeeeeeeeeeeee xD
have a good day :)
Explanation:
Answer:
Consumer behavior can be best defined as the study of the processes individuals, groups, or organizations go through in order to <u>make buying decisions.</u>
Explanation:
Consumer behavior is the study that analyzes the behavior of any consumer, be it individual, groups, or organizations, that they exhibit while going through the process of buying behavior. It is used to study the tastes and preferences of the consumer and thus make their products in accordance with the needs and demands of the consumer.