Answer:
The correct answer is A. Outsourcing.
Explanation:
Outsourcing is the process by which a firm identifies a portion of its business process that could be performed more efficiently and / or more effectively by another corporation, which is contracted to develop that portion of business. This frees the first organization to focus on the core function of its business. (The English term outsourcing has been translated into Spanish as outsourcing or outsourcing).
In other words, outsourcing consists of a company hiring a specialized external agency or firm to do something it does not specialize in.
Answer:
The correct answer is letter "D": voluntary.
Explanation:
Voluntary turnover refers to the situation in which employees quit their jobs because of several reasons: inadequate work conditions, low wages, or better job opportunities are some of them. In some other cases, the lack of opportunities to follow a path career pushes employees to look for different companies where to work.
Therefore, <em>the software firm of the example is looking for the voluntary turnover of its designers to avoid the process of firing them.</em>
Answer:
The answer is: Canadian workers will still have a higher productivity, it will be $0.40 per hour higher.
Explanation:
We can elaborate the following productivity table:
Year Canadian productivity British productivity
0 $33 per hour $29 per hour
1 $33.33 per hour $29.87 per hour
2 $33.66 per hour $30.77 per hour
3 $34 per hour $31.69 per hour
4 $34.34 per hour $32.64 per hour
5 $34.68 per hour $33.62 per hour
6 $35.03 per hour $34.63 per hour
At the end of year 6, Canadian workers' productivity will be $35.03 and British workers' productivity will be $34.63 per hour (Canadian workers will be $0.40 more productive).
When efficiency is disrupted in pure competition producers will reallocate resources until product supply is such that price will again equal marginal cost.
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Explanation:</u></h3>
Marginal cost refers to the cost that is incurred due to the production of additional one unit of any goods or services. It includes all the cost in the production of the extra one unit of the product or services. For instance consider an organisation is planning to build a new machine fore the product of a product and the cost associated with building the new plant will be the marginal cost.
Pure competition market is also called as perfect market. Here there will be a large number of sellers who are the competitors selling a same product. In such a market when the efficiency gets disrupted, then the producers can involve in the reallocation of resources until product supply is such that price will again equal marginal cost.
Answer:
Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties
