A monopoly is a market for a good or service that wants to take over another company.
Answer:
The correct answer is letter "B": willing to pay money (reduce their income) to enforce their own sense of fairness.
Explanation:
The "ultimatum game" is an economic strategy in which two individuals are gathered knowing they will see each other only once. The first individual is in charge of proposing an offer on diving an amount of money. If the second individual rejects the offer neither one of them gets anything. If the second individual accepts the offer, the first individual obtains what was demanded and the rest goes for the second individual.
Thus, <em>the "ultimatum game" shows how someone (the second individual) could turn down a unique offer that does not meet his or her demands. This, with plain knowledge the offer another individual could provide, might be worse, thus, reducing the chances to obtain what is desired for defending his or her sense of fairness.</em>
Answer:
The value of a currency depends on factors that affect the economy such as imports and exports, inflation, employment, interest rates, growth rate, trade deficit, performance of equity markets, foreign exchange reserves, macroeconomic policies, foreign investment inflows, banking capital, commodity prices
Answer:
The answer is "Mission".
Explanation:
Vision is a dream. In fact, it is the dream of the founders of where the business will go and what it will do!
Mission is the foundation of realization of the Vision and afterwards the organizational strategies and objectives are created based on the mission.
having a realist and attainable mission is a must for an organization to thrive!
