Answer:
Member B: Works 10 hours per week at $5.85 per hour
Member D: Works 9 hours per week at $6.35 per hour
Answer:
.E) A partner can commit or bind the partnership in any contract within the scope of the partnership business.
Explanation:
.E) A partner can commit or bind the partnership in any contract within the scope of the partnership business.
Mutual agency means that rights of all partners and authority committed or bind the partnership in any contract representing the business operations.
Any partner can act on behalf of the others and acts of each of the partners is binding for all the partners.
Choices A, B ,D are all characteristics of partnership but not mutual agency.
The answer is non-redundancy. In addition, redundancy is a system design in which a constituent is replicated so if it fails there will be a holdup. The redundancy has a negative implication when the repetition is pointless or is simply the outcome of poor preparation.
Compared to a purely competitive firm in long-run equilibrium, the monopolistic competitor has a higher price and lower output.
<h3>
When a monopolistic competitive firm is in long-run equilibrium?</h3>
Long Run Monopolistic Competition Equilibrium: Over the long run, a company in a market with the monopolistic competition will produce several items at the point where the long-run marginal cost (LRMC) curve crosses the marginal revenue curve (MR). Where the quantity produced lies on the average revenue (AR) curve will determine the pricing.
<h3>
What ultimately transpires to a monopolistic rival?</h3>
Long-term economic gains or losses in monopolistic competition will be removed by entry or leave, leaving firms with no economic gains. There will be some excess capacity in a monopolistically competitive business; this could be seen as the price paid for the variety of products that this market structure brings about.
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Answer:
D. outsourcing
Explanation:
Outsourcing -
It is the method in a business to hire people from any other company in order to perform a particular task , is known as outsourcing .
The practice of outsourcing have the objective , in order to increase the efficiency of the company or to accomplish any goal with in a very short period of time .
Hence , from the question ,
The Aluminium company Alumplus , outsource people from out side its company to produce the products .