Answer:
E. a promise to work for an employer for the rest of your life
Explanation:
The Statute of Frauds requires certain types of contracts to be in writing. All of these contracts must be in writing except a promise to work for an employer for the rest of your life.
Statutes of frauds cover:
Promises that involve marriage as consideration
Contracts that can't be performed within one year
Contracts that involve the sale or transfer of land
Contracts that involve promises by executors to pay estate debts
Contracts that involve a promise to act as a guarantor or surety
Contracts that involve the sale of goods worth more than $500
Hence a promise to work for an employer for the rest of your life
Answer:
Budget deficit of $100,000
Explanation:
Calculation to determine how much the city of Miketown had
Budget deficit=Amount collected in taxes - Amount spent
Let plug in the formula
Budget deficit=$250,000-$350,000
Budget deficit =$100,000
Therefore in 2014 the city of Miketown had a BUDGET DEFICIT of $100,000
In-group collectivism simply means how much pride and loyalty individuals have for their family or organization.
<h3>What is
In-group collectivism?</h3>
In-group collectivism means the degree to which individuals are able to express pride, and cohesiveness in their families or organizations.
Countries with high institutional collectivism have individuals that identify with their families or organizations and obligations determine behaviors.
Learn more about collectivism on:
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If the price of steak rises, a consumer who had been maximizing his or her utility before will buy less steak because its "marginal utility to price ratio is now lower than for other items."
<h3>What is
marginal utility?</h3>
In economics, marginal utility is the optimum quality or benefit (utility) which a buyer receives by purchasing an additional units of a product or service.
Some key features regrading the marginal utility are-
- The concept means that the utility and benefit of an extra unit of a product to a consumer is proportional to the quantity of units of such a product he currently owns.
- The given example shows marginal usefulness.
- The marginal value of one piece of bread provided to a family of seven will be considerable, because the family will be less hungry, as well as the difference between 7 and 8 is proportionally significant.
- A extra bread slice supplied to a family with 30 slices, on the other hand, has less marginal utility so because difference among 30 & 31 is proportionally lower and the family's hunger has already been satisfied.
- Thus, as a consumer of a product purchases further and more of the commodity, his marginal utility drops until he has no need for any extra units at all.
- The marginal utility then is equal to zero.
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Answer:
Because of product's use of natural resources in its input (1) and dependence on the supply chain system of other companies.
Explanation:
The reason is that all of the companies rely on natural resources that the companies are processing and making it available for the other companies to utilize it to control its cost and complete the production of the products. The energy is a natural resource which every company utilizes and due to this its production is largely dependent on the firms that are processing natural resources to make it available for companies to utilize it.
The next most important thing is supply chain system of natural resource companies that helps the companies like AEC and even an individual to make the use of these natural resources in an efficient and effective manner. If I don't have access to fuel, then I cann't travel and traveling by using horses would be expensive and time consuming. So supply chain system of the other businesses play key role here.
