Answer:the quantities of some factors of production are fixed; the quantities of all factors of production can be varied - D
Explanation:
In the short run, some factors of production are fixed, which is usually the capital. Therefore for a company to increase output, it would need employ more workers, but would not increase capital.
Therefore in the short run, we can get diminishing marginal returns, which may cause marginal costs to start increasing quickly.
Also, in the short run, prices and wages fall out of equilibrium because a sudden rise in demand may lead to higher prices, and companies may not have the the capacity to respond and increase supply.
Long run
In the long run, usually greater than 6 months, all main factors of production are variable. The company has time to build a bigger one making it respond to changes in demand which means that a sudden rise in demand, would have a complimentary increase in supply to meet the demands and prices can be adjusted.
.
The truth about office friendships is:
Workplace cliques can cause horizontal disharmony.
Clique is a small group of people who share common interests and usually spend time together and do not readily allow others to join them.
Workplace
cliques can cause horizontal disharmony because they are purposefully
alienating others. People within a clique uses said clique to be their
comfort zone. Thus, they do not extend effort to meet and cultivate new
friendships nor exert effort to do better at work. Sometimes, they tend
to pass up promotions or better benefits so that they will stay within
their cliques and not deal with insecurities or feel vulnerable in
facing situations that they are not comfortable with.
Answer and Explanation:
The computation of the ending inventory for the year 2021, 2022 and 2023 is shown in the attachment below
It is to be divided into two parts
1. Inventory converted to the base year in which the base year is considered by taking the cost index
2. Inventory converted to cash in which the inventory converted to the base year, cost index is considered so that the inventory converted to cash could come plus the value of the inventory using the LIFO method also comes
Answer:
Telecommuting
Explanation:
Telecommuting is when employees work outside of their organization. In this type of work arrangement, employees work remotely and are connected to their organization platform through technology applications such as zoom, slack etc.
Although, workers may visit their workplace occasionally for meetings that requires physical presence , their main duties are carried out away from their workplace.
Answer:
b. The $80 is a nominal variable. The quantity of shoes is a real variable.
Explanation:
A nominal variable is a variable that hasn't been adjusted for inflation. Prices quoted in the purchase of goods and services are usually nominal variables.
Nominal variable = real variable + inflation rate
Real variable is a variable that has been adjusted for inflation
Real variable = nominal variable - inflation rate.
I hope my answer helps you
