Answer:
The correct answer is option c.
Explanation:
If the restrictions on working hours are removed such that keeping other factors constant, the total number of hours worked increases. This will cause the total output to increase.
But the workers will not be able to work efficiently for longer hours. This will cause productivity to decline.
This happens because working for long hours will make the workers tired. Their health is negatively impacted so their productivity will decline.
The question that is driving global business is, "What determines the success and failure of firms around the globe?" Before entering a market abroad, most companies need to make sure they have an understanding of why businesses fail and why they succeed. It's hard, typically, to move into an international market and it requires a lot of money, time, and hard work.
Answer:
C. size of the gap between product benefits and price
Explanation:
I will use a scenario to explain this. Let's say that there is 2 machines. Machine A and Machine B.
- The cost of Machine A is $10,000. You can make around 2000 units of goods with it.
- The cost of Machine B is $50,000. You can make around 5000 unites of goods with it.
From the sample above, we can say that machine B is definitely better than machine A in terms of performance. BUT, machine A held more value compared to machine B.
To produce 1 units of goods, you need to sacrifice around $5 with machine A. If you use machine B, you need to sacrifice around $10 for a single good
Answer: Priority item.
Explanation:
I believe there should be options here but PRIORITY ITEM should be the answer anyway.
Priority items are the most critical items. They refer to a provision in the 2009 FDA FOOD CODE which when applied contribute directly to the hazards of foodborne illness or injury being eliminated, prevented or reduced to an acceptable level.
They include actions such as cooking, reheating and handwashing.
The settlement option that provides for ongoing payments for
a period of time is called annuity. The annuity is a type of insurance contract
in which they provide an individual an annual income for a long period of time
such as an example of this is a pension.