Answer: (D) Separation of the duties
Explanation:
According to the question, in her company their is a lack of separation of the duties between the employees. The separation of duties plays an important role in an organization as this concept basically control the process of segregation of the duties among all the members equally.
The separation of duties is also known as the segregation of the duties and it decrease the error and also prevent from the frauds.
Therefore, Option (D) is correct.
Answer:
1. False
2. True
4. False
Explanation:
In the long run, a firm in a monopolistic competition may not make positive profit why because they have a highly elastic demand, meaning the market is sensitive to price changes. Profit may turn negative in the long run, as they spend heavily on marketing because there are many firms offering products that are similar although not identical.
True, there are few barriers to entry in monopolistic competition.This makes monopolistic competition similar to perfect competition since all firms are able to enter into the market if they feel the profits are okay.
Oligopoly is different from monopolistic competition since firms set prices collectively in a cartel or under the leadership of one firm, rather than taking prices from the market. However, In monopolistic competition, there are many producers and consumers in the marketplace who can take unexpected decisions (independent decisions), but oligopoly blocks new entrants, and increase prices.
The answer is c) community health workers and d) social workers
Answer:
increase by $10.
Explanation:
The marginal cost of hiring a fourth worker is already $90. This means that any price floor (minimum wage) imposed by the government will not affect this worker or the company because his/her wage was already equal to the new minimum wage.
The firm's profit = marginal revenue product - marginal cost = $100 - $90 = $10.
Answer: The law of demand
Explanation:
The tabular representation (demand schedule is down below)
Price of Juice (Dollars per can) Quantity Demanded(Billions of can)
2000 0.5
1500 0.75
1000 1
750 1.25
From the table above and the graphical representation attached, <u>the law of demand</u> is confirmed. The law of demand states that the price of a good and the quantity demanded are inversely proportional.
Notice that when the price of the juice increases, the demand decreases and when the price decreases, the demanded increases. This shows that majority of consumers will be more willing to make purchases when there is a decrease in price.
Check the attachment for the graphical representation.
