It’s important to know your limits and your strengths.
The goal is to do your best in the job you have, so before making that important choice, it’s good to think about maybe your talents or hobbies that you have.
You could ask yourself questions such as:
Do I communicate well with people?
What am I best at?
Am I able to fulfill the tasks that are included in this career?
And I’m sure there are more questions, but it is a good thing to know yourself that way when you apply for a job, you know what you’re getting into.
I hope this helps!
~Brooke❤️
The answer would be C worker strikes due to cultural differences
Answer and Explanation:
The economics of scope refers to the total cost production cost i.e to be averaged for the various type of goods
While on the other hand, the economics of scale refers to the benefit of the cost than occurs when there is a higher production level at a time
Based on this, the classification is as follows
1, Economics of scale as the output rises that declines the LAC so automatically it goes downward
2. economics of scope
Answer:
If a = 4 it would be 4 x 2 = 8
Explanation:
Have a nice dayy/nightt
1. Friedrich von Hayek------------Less government intervention gives people more economic freedom.
To Hayek, less government intervention implied more economic freedom. He trusted that when individuals are allowed to pick, the economy runs all the more proficiently. In the United States, the most grounded supporters of Hayek's thoughts were a gathering of business analysts at the University of Chicago. Known as the "Chicago School of Economics," this inexactly shaped, informal gathering of financial specialists was for the most part connected with free market libertarianism. The name alludes to financial specialists who got their tutoring in the Economics Department at the University of Chicago. To date, almost 50% of all Nobel Prizes in Economics have been won by analysts with connections to Chicago.
2. Milton Friedman---------Government should not control the money supply.
Milton Friedman saw the 1920s as years of indispensable and sustainable growth in the economy. Amid this period the Federal Reserve outstandingly extended the cash supply. This development was not reflected in an expansion in the normal cost level, on the grounds that fiscal powers were killed by simultaneous increments in efficiency.
3. John Maynard Keynes----------Government intervention is necessary for stability.
John Maynard Keynes made the hypothetical contentions for another kind of monetary system: government intervention used to smooth out the business cycle. Keynes died in 1946, yet his thoughts made the Keynesian school of financial aspects and prompted the improvement of macroeconomics. Keynes' belief system overwhelmed the financial worldview from 1945 until the late 1970s. As indicated by Keynes, free markets don't generally contain self-adjusting components; some of the time government intervention is important to limit downturns and advance development. He trusted that without state help, the blasts and busts in the business cycle could winding wild.
4. Adam Smith------------Competition is a regulatory force.
A market economy is a monetary framework in which people claim the greater part of the assets - land, work, and capital - and control their utilization through willful choices made in the commercial center. It is a framework in which the legislature assumes a little role. In this kind of economy, two powers - self-interest and competition - assume a critical job. The role of self interest and competition was depicted by financial specialist Adam Smith more than 200 years prior and still fills in as basic to our comprehension of how showcase economies work.
