Answer:
True
Explanation:
In order to produce something (to generate output), firms need inputs, and these inputs are called the factors of production. There are three factors of production: land, labor, and capital, and because all businesses require land to operate, the most common trade-off that firms face is between labor and capital.
Labor refers to workers, and capital refers to physical or monetary assets such as machinery or money.
Firms have to constantly decide whether to acquire more labor instead of capital, or viceversa, in order to maximize profit.
Manufacturing firms usually prefer to invest in physical capital, even if it means laying off workers. Automation is a perfect example of this, and one of the reasons, along with outsourcing, that has caused the loss of manufacturing jobs in the U.S.
<u>Unilateral </u>is the contract element described here.
<u>Explanation</u>:
Insurance policy is a contract made between the insurer, insure and the insured.
Unilateral contract element is generally one-sided. In unilateral contract the enforceable promises are made by only one party.
The insurance contract is accepted only when the insurance company accepts a prepaid application that is the insurance fee should be paid in advance of the coverage period. Under unilateral contract, the one who purchases the insurance policies is not legally guaranteed to any particular action mentioned in the insurance contract, but the insurance company is legally responsible to pay the losses that are covered by the policy.
The forces will cancel each other out.
Because negative and positive forces are equally balanced!
hope this helps!
Answer: cross-functional team
Explanation: A cross-functional team are a team of people from different level of organization having their own separate expertise but working hand in hand to achieve a common goal.
A typical example is when people from different functional area of a company come together to work to achieve the common goal of the company, this is called cross-functional team.
the internal validity is still manipulated by the researcher and the DV is measured.
The DV is a variable that is being measured/observed, whereas the IV is a variable that is altered to see how it impacts something else. The term "dependent" refers to the idea that the IV will have an impact on the DV.
<h3>What parallels exist between studies conducted in a lab and those conducted in the field?</h3>
Since experiments are the only way to reliably establish causality, laboratory and field experiments are comparable in that they are both helpful in determining cause and effect. Furthermore, because there is a high level of control over confounding variables, the two experiment designs have the potential to have high internal validity.
Learn more about internal validity:
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