Answer:
along a track in the same direction.
Explanation:
According to the law of supply, the price of the goods increases with an increase in the quantity of the goods supplied. Similarly, the price of the goods decreases with a decrease in the quantity of the goods supplied. This means that the price and quantity are directly proportional to each other. The price and quantity will move along a track in the same direction respectively.
Answer:
Decrease in demand for a product, holding other things constant, "will decrease the marginal revenue product of labor".
Explanation:
The extra revenue that a firm earns as a result of a newly hired worker is known as the marginal revenue product of labor.
A new worker is hired to increase the quantity of goods produced and consequently, increase the firm's revenue through sales of the goods.
If however, more goods are produced but the demand for the product decreases, then this will cause a decrease in the marginal revenue product of labor.
In other words, the firm won't earn extra revenue if the products are not being bought.
Answer:
Implied agency
Explanation:
Agency
This is simply known as a form of
relationship between two parties in that the principal hires another person to represent him or her.
An agency relationship can be created with 2 types of agreements between the parties. They are
1. Express agency
2. Implied agency
Express agency
This is simply known as a formal contractural agreement. It can be in an oral or written format.
Implied agency
This is often regarded as an implied agreement. It is an agency which is created through the actions of the parties, instead of an express agreement. It is also called Ostensible agency.
Listing Agreement
This is simply defined as written employment contract which gives right to the broker to find a buyer or a tenant for the owner's property.
Answer:
aa
It might be negative for the company to promote a
Answer:
A) true
Explanation:
Specific purpose statements are used in speeches that try to persuade or convince an audience about doing something that the speaker favors. Generally the best specific purpose statements must include specific actions to be taken and not simply general actions that should be determined later.
In this case, the speaker is trying to persuade his/her audience to support a government ban on all tobacco advertising. It is a very specific statement that has the purpose of persuading the audience to act against a perceived wrong action.
