Answer: Option (b) is correct.
Explanation:
According to Keynes, the main cause of recessions and depressions is inadequate aggregate demand. when the total demand for goods and services falls as a result sales of the firms decreases. Lower demand for the products induce firms to cut down their production which results in unemployment. So, unemployment increases and lower profits further depressed demand for the goods and services.
Answer:
B. The project management plan.
Explanation:
This is always been referred to as PMP for shorts and in other words, it is explained to be a form of documented communication for a project and is seen in many cases to raise the chance of making your project a land slide and this comes to reality when order and its structure is seen to be too notch.
In a course of project management, a lot of terminologies are known to be followed in sequence which ranges from initiating, controlling, planning etc. Also its briefing and outlining us seen in the Executive summary.
Answer: The correct answer is <u>$150.</u>
Explanation:
We know that the marginal cost of hiring a third worker is $ 40. And that the average total cost when 3 workers are hired is $ 50. The average total cost formula is:
Average total cost = (total cost) ÷ (number of workers)
Then we solve the equation in 3 steps:
1) $ 50 = X ÷ 3
2) $ 50 × 3 = X
3) $ 150 = X
We can diagram the workers cost chart
Number of workers - Marginal cost - Total cost
1 - $60 - $60
2 - $50 - $110
3 - $40 - $150
Answer: Given, the ball bearing market is purely competitive. Also at the current stage the firms in this market are earning positive economic profits.
Therefore , in the long run as adjustments occur in the industry, we can expect the market price of ball bearings to<em><u> </u></em><u><em>decrease and individual firms' profits to decrease.</em></u>
This will take place as new firms will enter the market once they analyze that the existing firms are earning positive economic profits. Thus this will lead to decrease in price of ball bearing and further will lead to decrease in profit os a firm.
<u><em></em></u>
<u><em>Therefore, the correct option is (d)</em></u>
Daryl is the founder of a successful smartphone application. He is detail oriented and has high expectations of his employees. He rewards them with bonuses for a job well done but employees do not know him well. Daryl is a Transactional Leader.
Transactional Leader is a leader who rewards his employees for a job well done as well as punish them for a job bad done. There is a distance between the leader and the employees. Leader helps their employees in doing good work and also rewards them when they do good, but they have a formal distance and relationship with each other. He expects high from his employees. That is why he rewards them or punish them as well.
