<span>Generally,
it is during the colder seasons that glaciers tend to advance downward, causing
further erosional landforms. Items below
are facts regarding Glaciers according from the <span>National Oceanic and Atmospheric Administration
(NOAA) who studies the skies and the oceans: </span></span>
<span>1. </span><span>Approximately
10 percent of Earth's land is covered with glaciers.
</span>
<span>2. </span>Glaciers covered 32 percent of land during the last
Ice Age.
<span>3. </span>Glaciers store about 75 percent of the world's fresh
water.
<span>4. </span>Antarctic ice is more than 2.6 miles approximately
4,200 meters thick in some areas.
<span>5. </span>If all land ice melted, sea level would rise
approximately 230 feet (70 meters) worldwide.
Because it takes many years before newly planted orange trees bear fruit, the supply curve in the short run is almost vertical. In the long run, farmers can decide whether to plant oranges on their land, to plant something else, or to sell their land altogether. Therefore, the long-run supply of oranges is much more price sensitive than the short-run supply of oranges.
Assuming that the long-run demand for oranges is the same as the short-run demand, you would expect a binding price ceiling to result in a <u>Shortage</u> that is <u>Larger</u> in the long run than in the short run.
Answer: (a) shortage,(b) Larger
<u>Explanation:</u>
Binding ceiling price which is set by government.Ceiling price is the maximum price above which we cannot sell the goods. Binding ceiling price means price that is set below the equilibrium price.Firms cannot sell there goods above that price. Now equilibrium price means ,a price which is determined at a point where demand and supply curve meets.
When there exist binding ceiling price than there might be some firms who are not willing to sell at that price .So there can be shortage of supply .This shortage will be larger in long run than in short run because in short run supply remains same irrespective of change in price.
Answer:
Management by exception.
Explanation: It is a management style in business that focuses only on dealing with cases that are beyond the norm or exceptional, It is a good strategy in project management.
The main purpose of this management style is to bring to the notice of the management only important situations that shows variation to the business out.
Advantages of Management by exception.
• It help employees to adopt their own approach to achieve results thereby serving as a motivation to them.
• It helps the management to make good use of their time.
Answer:
Sell before assembly, the company will be better off by $3 per unit
Explanation:
the aim of a firm is to maximise profit. The decision the firm would make would be based on the decision that yields the higher profit
Profit = revenue - cost
Profit that would be earned from selling the unassembled unit = $52 - $24 = $28
Profit that would be earned from selling the assembled unit = $64 - ($15 + $24) = 25
The profit from selling the unassembled product is greater than the profit from selling the assembled product by $3. The firm would prefer to sell the unassembled unit
Answer: goal displacement
Explanation:
Goal displacement is when individuals or organizations substitute alternate goals for the original goals that they were meant to accomplish.
In this case, we are told that Norm and his creative team need to present an idea for marketing a new detergent to the head of their advertising agency but that Diane, a member of the team, always resented Norm’s promotion to team leader and always objects to every idea Norm suggests and spends the entire meeting selling her approach. Diane is using goal displacement here as she has another goal rather than the goal of the team which they've agreed on.