Answer:
seven
Explanation:
The size of work group is very important since smaller groups tend to be more efficient and finish tasks faster, but they are also less diverse. Ideally if a manager is looking for an efficient group, it should have between 3-5 members. Now if Joe is worried about the lack of diversity, he should consider adding a couple more people, but not that many more. Individual contribution and productivity decreases as the group increases in size.
If you want to enhance creativity and problem solving abilities, you should form diverse groups that include employees with different functional expertise and education.
Out of the possibilities, I would personally choose seven people to form a group in order to keep productivity high and also diversity and creativity.
To protect an industry from foreign competition is not generally regarded by economists as a legitimate reason for the government to intervene in a market.
Option D is correct .
<h3>What is your biggest economic problem?</h3>
The underlying economic problem is that society does not have enough productive resources to produce everything people want. This is also known as scarcity. The value of goods and services is determined by their rarity and usefulness. For a good to have monetary value, it must have utility and value.
<h3>What is the reason for all financial questions and problems? </h3>
The reason all financial questions and problems arise is because people's needs exceed the resources available to meet them. Economics is the social science that studies how people make decisions to deal with shortages.
<h3>What are the economists' main concerns?</h3>
A central task of economics is to determine the most logical and effective use of resources to achieve private and societal goals.
Learn more about Economists as legitimate :
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Answer:
The correct answer is: causal relation.
Explanation:
Causal relation describes the correlation between two events. It explains that the second event occurs as a result of the first one, though, sometimes the second event might not be the cause of the first one. The first event takes the name of the cause and the second event is called the effect.
Answer:
$101,495.20
Explanation:
The comparable property value with compound interest
The formula for calculating future compound values
FV = PV × (1+r)n
In this case:
PV = 98,500
r =0.3% the interest rate per month
n = 10 compound periods
FV = 98,500 x (1+ 0.3/100)10
=98,500 x (1.003)10
=98,500 x 1.030408
=$101,495.20
