<h3>
Answer: D) increase in prices</h3>
An increase in prices will reduce demand, and not supply. You could have an increase in prices due to a shortage, but price increases could also be from a number of other factors, one of which is demand increasing.
Meanwhile, war, scarcity and extreme weather all are possible factors of a shortage. So we can cross choices A,B,C off the list.
Answer:
The answer is: People differentiation
Explanation:
Jay Group can gain a competitive advantage by hiring and training better and more efficient employees than their competition. The more efficient an employee is, the more productive the company will be.
The best examples are sports teams, titles are won by a great quarterback and a rock solid defense.
Answer:
A. True
Explanation:
Gold is a valuable commodity acquired for various reasons. In economists, gold is as a store of value and an investment tool. Gold is traded in the financial markets like other valuable metals such as silver and copper.
If investors anticipate the price of gold to rise in the near future, demand for gold will increase. Gold will be bought as an investment asset for speculative purposes. Traders will buy gold and the current prices and wait to sell when the prices rise. Investors take advantage of price movement to make profits.
Answer:
I don't know. I think a lot of the variability in wages would be due to statistical noise.
