Answer: Option (d) is correct.
Explanation:
According to the law of supply, it states that there is a positive relationship between the price of a commodity and the quantity supplied of a commodity. This means that as the price of a commodity increases, as a result the quantity supplied of that commodity increases.
Therefore, any change occur in the prices of a commodity will affect the quantity supplied of a commodity not supply of a commodity.
Answer:
Diversification for pooling risks
Explanation:
When a company wants to diversify it goes into various products in order to reach a larger market. This is the opposite of specialisation where the company focuses on one market or product.
When a company wants to diversify it will not be a good idea to do it because they want to pool risk.
Pooling of risk involves centralisation of process so that risk due to variability will be reduced.
Diversifying will increase risk due to variability.
The relationship between the natural environment and business organizations can best be described as <u>c. Interdependent.</u>
<h3>What is interdependence?</h3>
Interdependence describes a situation where two entities engage in exchanges for their continued sustenance.
Interdependence exists in many forms and between different organizations.
For instance, the natural environment of a business provides the resources that the organization requires for productivity and profitability.
Similarly, the natural environment utilizes the products and services of business organizations for continued development. Business organizations also protect the natural environment for their self-interest.
Thus, there is an interdependent relationship between the natural environment and the business organizations because one cannot exist sustainably without the other.
Learn more about the interdependence of the natural environment and business organization at brainly.com/question/23479668
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<h3>Question Completion with Answer Options:</h3>
a. A U-shape
b. Insignificant
c. Interdependent
d. Unconnected
Answer:
1. Based on her years of experience, Joan Johnson can answer the question by detailing the advantages and disadvantages of incorporating in each state for the client.
2. If Joan does not feel confident enough to address the question, then she can refer the matter to her supervisor.
3. If Joan answers, the client will derive immediate satisfaction and will be confident to continue the relationship with the firm. This is because his awareness that the firm can address his questions is re-enforced.
4. If Joan does not answer the client immediately, the client may feel that the firm's personnel are not well-trained and are unable to handle not-too difficult technical issues.
Explanation:
A firm's clients usually require immediate clarifications whenever they ask their questions. Therefore, an effective and efficient firm should ensure that its paralegal officers are well-trained and well-informed to handle initial client enquiries while the details are referred to their supervisors.
Answer:
With 2% inflation during the next 10 years, an item that presently sells for 100 will cost 102 in 10 years' time.
Explanation:
However, if the predicted inflation rate of 2% happens year on year, then the cost of the item will become 121.90 (100 (1+ 2%)∧10), compounded annually. In itself, inflation is the decline of the purchasing power of a given currency over some period of time. It is a quantitative measure of the rate at which the decrease in the purchasing power of the selected currency occurs, and how this is reflected in the price level of a basket of selected goods and services in that economy over some period of time.
