Answer:
The correct answer is b) Product of the number of workers and the level of human capital
Explanation:
The efficiency unit of labor is determinate as a product of the total number of workers in the economy, where the human capital is the best indicator of productivity
Answer:
C.
Explanation:
Price elasticity of demand (PED) measures the responsiveness of demand after a change in the good’s own price.
Demand is relatively inelastic if the quantity demanded changes less than proportionally to the change in price
.
In this instance, total revenue increases following an increase in price.
Inelastic product is highly unresponsive to changes in price.
If the co-efficient of price elasticity of demand <1, then demand is said to be price inelastic i.e. unresponsive to a change in price Price.
Following a change in price, the total revenue earned by the producing firm will depend on the PED for its product.
If the coefficient of PED is <1, a rise in market price (e.g. from P1 to P2) will lead to an increase in total revenue for the seller of the product.
There are different kinds of statement. The sentence provides the most clarity is that In accordance with company policy, the human resources associate would like to codify the new employee benefits information.
<h3>What is clarity sentence?</h3>
The word clarity is known to be the quality or condition of a person or statement been being clear or easy to know.
The sentence above is clear because it provide the source from which the directives was issued and one can easily known that the order was from the company.
Learn more about clarity from
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