Although the grapevine supplements what formal communication does not provide sometimes, and creates a sense of unity among employees, they should be wary due it carries partial information and it's more based on rumors; so it's not always trustworthy, especially when it comes to business, because important decisions depend on reliable sources to ensure favorable outcomes.
The objective of <u>Fact-finding</u> is to gather data about project usability, costs, benefits, and schedules.
<h3>What is a fact finding process?</h3>
Fact-finding is known to be a kind of a non-binding process or an act that entails a qualified impartial third party that tends to make some written findings of fact as well as recommendations for the solving or handling of any issue.
Note that All costs incurred of fact-finding are borne by the employer and the union and as such, The objective of <u>Fact-finding</u> is to gather data about project usability, costs, benefits, and schedules.
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Answer: The equilibrium price is most likely to "DECREASE BY $1". Option c is the most correct option.
Explanation: A unit tax of $1 is the tax on the sales of the unit. In a supply demand curve, an increase in the sales tax will cause the curve to shift inwardly, thereby showing a decrease in the equilibrium price of the curve.
Equilibrium price is the point where the amount suppllied is equal to the consumers demand at a stable price.
For $1 unit tax to be levied on the goods, it will increase the price of the goods by $1, which will reduce supply by $1, therefore the equilibrium price will decrease by $1 to adjust itself on the new changes.
