Answer:
The answer is: A) larger companies have greater access to better technology which stimulates productivity growth.
Explanation:
The difference between the productivity of small companies and big companies in Mexico (and many other places) can be explained by the use of better technology. Technology, unlike capital, labor and land (3 factors of production), is subject to increasing returns.
While the 3 factors of production are limited by the "Law of Diminishing Marginal Returns ". This concept states that at certain point, using an additional factor of production will result in a smaller increase of the total output, i.e. lower productivity.
For example, if you have a machine in a factory and you increase the other factors of production (labor and materials), the output will be limited by the total possible output of the machine. Once it works 24 hours a day, seven days a week, and 52 weeks per year, it will reach the maximum output.
The only way you can bypass this law is by the introduction of new and better technologies, e.g. the only way to increase output in the factory is to get a better machine.
Answer:
C
Explanation:
Fee-Sor-Service (FFS) is a payment model where services are unbundled and paid for separately. In health care, it gives an incentive for physicians to provide more treatments because payment is dependent on the quantity of care, rather than quality of care.
In Fee-Sor-Service (FFS), the provider is only paid for a designated number of services per fiscal year.
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Options:a. Unrelated diversification b. Related diversification c. Internal new venture d. Joint.
Answer:b. Related diversification
Explanation:Related diversification is a system of diversification where a business Organisation diversifies its operations into product lines or brands that are similar to what it is already Manufacturing or marketing.
The property management company has already been involved in property management,but in this case it is for High income earners,since it is now interested and wants to diversify to property management for low income earners,this approach to diversify is called RELATED DIVERSIFICATION.
Title VII is known to be against employment discrimination using race, color, religion, sex and national origin.
The part of Title VII that could apply is Disparate treatment.
- Disparate treatment is simply regarded as a form of unlawful discrimination in US labor law.
The United States ensure that unequal behavior toward someone because of a protected characteristic are statef under Title VII of the United States Civil Rights Act.
It is very a common type of discrimination. An example is when be an employer giving a certain job to all of the men who apply for a job but to none of the women.
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