organization isn a group or team that works together to accomplish a task
Answer:
Demand decreases
Explanation:
Substitute goods are products that can be used in place of each other. Goods are described as substitutes if a customer can use them interchangeably and get equal or almost the same satisfaction. Tea and coffee will be substitutes if a customer can consume either of them and be happy.
If the price of a substitute good declines, customers will prefer consuming it instead of the other product. The other product's demand will decrease due to a change in customer preferences as a result of a lower price.
The relationship between risk and expected return serves to allocate capital in a market. Investors want to maximize return for a given level of risk, so capital flows to its most efficient use.
There is a positive correlation between the level of risk taken and the level of return expected. The greater the risk, the greater the expected return and the greater the likelihood of suffering a large loss.
The relationship between risk and expected return is called the risk-return relationship. This is a positive relationship because the more risk you take, the higher the required return that most people demand. Risk aversion describes a positive risk-reward ratio.
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The correct answer would be, Ethical.
Joseph has taken a sick day, although he is not actually sick. This is an example of a decision that is legal but not Ethical.
Explanation:
Ethics are basically the moral principles that shape a person's behavior. This is something which tells us that how a person morally behaves in a situation.
In businesses, there are some code of conducts that are the rules and regulations, prescribed by the companies.
When a person violates a moral principle, it is called as the Ethical Violation. There is usually no legal action against the ethical violations, but it is not always the case. People may be charged for violating the code of conduct in organizations.
Decisions like taking a day off due to sickness when you are not actually sick is an example of decision which is legally right but ethically, it is totally wrong.
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The correct answer is choice b.
By burning your trash in the backyard in spite of regulations against it you are avoiding the private costs associated with disposing your trash some other way and creating a social cost. The social cost would be the air quality of your neighbors who are breathing in the smoke from the burning trash.
