Answer:
This is an example of the menu costs
Explanation:
Menu costs are costs that firms incurr when they have to update their prices constantly. The may have to print new catalogs, new menus (hence the name). If the business is online, the will have to update the database, and the website. Bookeeping will become more difficult as well.
This also causes problems for customers, who do not know what prices to expect, and might be discouraged to buy. Besides, the inflation rate could be so high, that customers could simply be unable to buy things, since their money might have lost most or all of its value.
Answer:
Representative democracy
Explanation:
Democracy is a form of government that give most of governmental power to the people. generally divided into two types:
<u>- Direct democracy</u>
This type of democracy , the people can directly vote for the political decisions made by the government.
<u>- Representative democracy.</u>
In this type of democracy, the people cannot directly for the political decisions. They only can elect the people who will represent them in government body and vote for the decision on their behalf. Currently, this is the most used form of democracy in the world.
False, everything needs to be managed
