The currency would deflate, though this never happens
Answer: Trained incapacity
Explanation: In simple words, it refers to the idea that after gaining a certain kind of education, skill or experience etc. the level of thinking of an individual cannot go beyond a certain limit.
In the given case, the manager was the upper level employee and was not habitual to the work that was performed by the workers in the restaurant.
Therefore this position in the workplace limited his skills of performing only the managerial work.
Hence from the above we can conclude that the above case depicts trained incapacity.
I think the answer is Downwards;increases
Answer:
The correct answer is option d.
Explanation:
The fixed costs incurred in the production process of a good or service is the cost incurred on the fixed factors. These factors cannot be varied in the short run.
Fixed cost does not depend on the level of output. It does not change with the change in the volume of output.
In the given example, the cost incurred on the composition typesetting and jacket design for the book does not change with the volume of output. So these costs are the foxed cost involved in publishing a book.
