The answer to this question is: Effective manager
in business, effectiveness refers to the ability for a person to make use of all resources that available to him/her in order to accomplish the goal.
This trait is considered as the most desired trait that most of the shareholders seek when they're choosing the leader for their company.
Answer:
The answer is Surplus is equal to zero.
Explanation:
Suppose if P = 1$.
Q = 101, Qs = 79
Where as monthly surplus = 79 - 101
Monthly surplus = -22
_22 means negative surplus which can also be interpreted as zero surplus.
Answer:
C. The trade off between wages and employment faced by the union.
Explanation:
The Union basically negotiates the pay a union worker will receive from the firm or organization. Unions use several techniques to increase the demand for labor and wages as well.
- They push for minimum wage increase.
- Increase the marginal productivity of workers.
- Lobbying for stricter immigration rules. This limits growth in the labor supply, especially of low-skilled workers from outside the country.
- They support restrictions on imported goods. This increases the demand for domestic production and domestic labor.
Answer:
That would be a shortage.
George Stigler is a known American economist and according to his theory the Consumer theory, he quoted that <span>“if consumers do not buy less of a commodity when their incomes rise, they will surely buy less when the price of the commodity rises.” This means that when consumers do not purchase a certain product even if their incomes increases, that is considered normal, but when the product increases in value, we can expect that these consumers will buy less of the product.</span>
