B was preformed for the common people
Answer:
Laura can write more papers than Lisa, but Lisa has a low opportunity cost to doing so.
Explanation:
Absolute and comparative advantage are important concept in the field of economics and trade. These concepts are used to explain the basis of foreign trade.
Absolute advantage refers to the situation when an economic agent can produce a product at better quality, faster and earn more profit than its competitor. It looks at the efficiency of producing a single good or service.
Comparative advantage takes into account the opportunity cost of producing a good or service. The opportunity cost is the cost of sacrificing the alternative.
Absolute advantage means Laura can write more papers than Lisa, but since Lisa has a comparative advantage she has a low opportunity cost to doing so.
Modern society is often created by several interwoven processes that include choices economic changes, political changes, social changes and cultural changes.
Economic change can be defined as a shift in the economy's structure, policy, or growth. GDP can be used to measure economic growth. We can use this formula to calculate an economy's actual growth. To measure economic growth, we can look at the annual percentage increase in a country's GDP.
A community's economic development has a long-term impact. Job providers buy the goods and services they need to run their businesses, and their employees buy the goods and services they need to live.
Hence, the answer is "ALL OF THE ABOVE".
To know more about Economic change, click here.
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Answer:
The answer to the affirmation in the para grapsh is:
A. <u>True.</u>
Explanation:
<em>The Bureaucratic Control </em>is the method which the companies influence the behavior of the workers, using two types of strategies:
1. Rigidity: Where are strict rules, a rigid hierarchy, constant supervision, and labor pressure too.
2. Bonuses: Where are compensation schemes and bonuses by achieved goals.
Although the two forms can function for a company and the effectivity of its workers, <u><em>is the second option which offers better medium and long term results.</em></u>
