Answer:
standard deviation
Explanation:
Systemic risk is risk inherent in a market and cannot be diversified.
systemic risk is measured by beta
unsystemic risk is risk specific to a business and it can be eliminated by diversifying portfolio
the sum of systemic and unsystemic risk gives total risk and it is measured by standard deviation
Answer:
Explanation:
The purpose of allocating the output of the shoes is to diminish the total cost of production. The process is achieved by assigning a pair of shoes that requires production at the factory with a marginal lower cost of the two plants. Afterward, the firms will have to equate the marginal cost of production across the two firms.
For firm 1:
The cost of production 
Differentiating with respect to 
to determine the marginal cost;
For firm 1, the Marginal cost 
For firm 2; the marginal cost 
Equating both from above:
Recall that:
Thus, we can replace the value of into the above equation to determine the value of 
in terms of 
by applying a quadratic formula.
Assuming we knew the values of 
we can estimate the numerical value of , then replace it into the equation 
to find the numerical value for .
Answer:
The correct answer is option A.
Explanation:
According to the mainstream business cycle theory, the potential GDP grows at a steady rate while the aggregate demand grows at a fluctuating rate. The money wage rate is considered to be sticky.
So when aggregate demand increases more than the potential GDP, the supply is not able to increase as much as demand. This creates an inflationary gap in the economy.
Answer: a. the ability of the economy to produce determines long‑run output this ability is independent of price levels.
Explanation:
The should be, 'Long‑run aggregate supply has this characteristic because' with the rest of the sentence being ' the federal government makes up the difference between GDP and potential output ' making up one of the options.
I assume the Characteristic in question is the Vertical nature of the Long run supply curve.
The Long Run Supply Curve has the characteristic of being Vertical in shape because Economists believe that in the long term, the economy is already producing at an optimal level and that Aggregate Demand cannot affect Aggregate Supply for an extended period of time therefore this level is independent of Price changes. It is rather more affected by factors such as capital, technology and labor.
After interviewing all 7 team members, you determine that one of the team members performs routine administrative tasks that are rarely visible to any of the other team members. You suspect that this team member may be loafing off and lagging in his duties. You could most likely improve that team member's output by <u>making his work clearly visible to the other team </u>members
Explanation:
<u>This team member is engaging in social loafing.</u>
In social psychology, social loafing refers to a phenomenon in which a person put in less effort to achieve a goal when they work in group rather than working alone.It has been observed that the performance of an individual tends to decline in a group in comparison to their performance when they work alone
In order to avoid Social loafing to occur in team the Team leader should ensure that :
- The teams are kept small. When teams grow beyond three to five members, the potential for social loafing is high.
- Appropriate rules of engagement should be developed
- The Team Leader should assign separate and distinct contributions for every team member.
<u>Therefore, members should be clear on what they are individually responsible for and what they are jointly responsible for on the team.</u>
