Answer:
<h3>An individual or organization that attempts to influence legislation and the administrative decisions of government.</h3>
Explanation:
- Lobbyist is a professional representative that works behalf of individuals and groups of individuals to influence political and legislative decisions in a government.
- Its influence in the political and legislative spheres may result in amendments, new policy regulations or even introduction of new legislative decisions.
- Lobbyists normally persuade and pressurize legislators and lawmakers to introduce and support bills in their favor.
Answer:
foreign exchange risk: Alpha Ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making decision.
Answer:
No
Explanation:
Pam is not violating the law of demand. The law of demand suggests that the supply of a product varies with demand. When demand increases, price increases, when demand decreases, price decreases. Notice that Pam has decreased hamburger consumption, meaning it has contributed to the decrease in demand. If the demand for hamburgers has decreased, it is only natural that the price of hamburgers will decrease. It should be noted that even if the hamburger price had risen and Pam no longer consumed hamburgers, the law of demand would still not be violated. This is because the law of demand takes into account aggregate demand (from all consumers) rather than individual demand. So Pam could have stopped eating hamburger as a matter of preference for another item.
