Points to the right of the production possibilities curve represent future economic growth (third option).
<h3>What is the
production possibilities curve?</h3>
The Production possibilities curve shows the various combination of two goods a country can produce when all its resources are fully utilised.
Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources. This point indicates production levels in the future.
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Answer:
Union suppression tactics.
Explanation:
Union suppression tactics are used to avoid union from taking steps that cause productivity of organization or taking steps against the management. It is illegal to supress the union from organizing any protest or asking any question to manegement.
Employer take different steps to supress union are plant closings, refusing to hire pro-union applicants, firing or harassing union supporters and suing permanent strike replacements
Employer should avoid following steps to negotiate union smoothly instead:
- Threaten: Employer should never retaliate or threaten employee to avoid union.
- Interrogate: Never interrogate employees about their intentions or any activities.
- Promise: Never promise anything to employee as it create high expectation and it lead to misunderstanding if it is not met.
- Spying: Employees have the right to meet with the union representatives and “hear them out” without management interference, so employer should never spy against employee.
Employer should have regular communication with employee to avoid union at workplace.
Answer:
Financial market
Explanation:
Financial market- it is that market place where market like stock, bond, Forex etc are trading. it is responsible for proper functioning of capitalist economies.
the different type of financial market is given below
1) stock
2) Bond
3) foreign exchange
4) commodities
it is like a new resource that provide easy return for those who want to invest their extra income.
Answer:
No, it is not a violation of the <em>law of demand</em>, hence why it is a "law."
Explanation:
During summer months, the demand for beach resorts increases. This is <u>different</u> from an increase in <em>quantity</em> demanded. The curve is shifting instead, towards the right, while the supply is stable. Since the demand curve shifts right, the price will increase to restore market equilibrium.
It is best to draw a graph for these questions, and know your demand determinants.
Answer:
debit Factory Overhead and credit Utilities Payable
Explanation:
The journal entry to record the accrual of factory utilities is to: Debit Expense Account - Factory Overhead and Credit Liability Account -Utilities Payable.
