Answer:
d. rational decision making.
Explanation:
Rational decision makers do not expect any boundaries and constraints as they assume the decision should be taken after having all the facts known, as these relate to taking a decision in good faith.
This is basically choosing the best with all the information and understanding.
As here Scott and his partner do not have complete knowledge and understanding of the complexity and technology.
Thus, it hinder there exercise towards making a rational decision.
Due to its ease of accommodating an increase in production, the representative firm in monopolistic competition typically has excess capacity over time.
<h3>What will happen if a monopolistic, rival business raises its price?</h3>
However, customers have the option to purchase a comparable product from another company if a monopolistic rival increases its price. When a dominant rival raises prices, it will not lose as many clients as a business operating in perfect competition, but it will lose more clients than a monopoly.
<h3>Why does monopolistic competition have excess capacity?</h3>
Natural monopolies or monopolistic competition both have excess capacity as a feature. It could take place as a result of businesses having to make lumpy or indivisible investments to boost capacity as demand rises.
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Answer: Please see explanation for answer
Explanation:
Journal entry to record sale of bonds
Account titles Debit Credit
Cash $50,000,000
Bonds Payable $50,000,000
Christmas day was viewed differently by various country around the world. For example in the united kingdom a law often quoted regarding Christmas is holy days and fasting days acts of 1551 which stated that everyone must attend church on Christmas day without using any means of transport and therefore people would walk to church. However the law was repealed in 1969. Hence, the correct answer is Great Britain.
I think the correct answer is the third option. An industrial union organizes a wide range of skilled and unskilled workers in an industry. It is a group where all workers regardless of position of a particular industry are to be members. These are organized in order to gain a bargaining power especially in strike events.
