Answer:
D. Local content Rules
Explanation:
Local content rules/requirements emphasize that a certain proportion of a product be manufactured from locally supplied components as opposed to imported inputs in the host country. The aim of this is to safeguard and promote employment in domestic country, promote the growth of domesatic industries, and facilitate technological advancement in these industries and in the economy as whole.
You have the afternoon free. You have a choice between going to the movies with a friend or studying economics for three hours. If you go to movies, you will spend $8.00 on a ticket and $4.50 on popcorn. If you choose to study economics for three hours, you will raise your exam grade by 10 points. What is your opportunity cost of going to the movies?
Answer:
The opportunity cost of going to the movies is raising exam grade by 10 points.
Explanation:
Opportunity cost for doing something is what you have to give up for it, so in this case the opportunity cost of going to the movies will be what we are giving up for it. In this scenario we are giving up studying 3 hours and raising our exam grade b y 10 points so the opportunity cost of going to the movies is raising exam grade by 10 points.
The opportunity cost of going to the movies is both the money spent on the ticket and popcorn and the foregone benefit of raising your exam grade by 10 points, which could have long-term educational and financial benefits.
Explanation:The concept being discussed in the student's question is the opportunity cost, which is a fundamental principle of economics. The opportunity cost of going to the movies would be the benefits you forgo by not choosing the alternative option, which in this case is studying for economics. The direct costs of going to the movies are $12.50 ($8.00 for the ticket and $4.50 for popcorn). But the real opportunity cost to consider is the 10-point increase on your exam grade that you would potentially sacrifice by not studying. This increase in your exam grade might lead to better educational outcomes or scholarship opportunities, which can have long-term financial benefits. Therefore, the opportunity cost of going to the movies is not just the money spent, but also the lost benefits from the grade improvement.
Ben left the corporate rat race to start his own business that will allow him to earn a small income while providing plenty of time to pursue his love of pottery making. He does not expect either growth or high profits. Ben’s prospects for attracting outside financing are______________.
Answer:
Limited Finance.
Explanation:
Resource Reduced. Definition of a loan guaranteed by up to a certain amount. A loan on which one-third of the balance is guaranteed or collateralize, for example, is reduced recourse debt.
Short-term lending is somewhat more aggressive than long-term funding, but it also appears to be less expensive and give the investor greater flexibility. Both the rising and lower uncertainties are attributed to future potential increases in interest rates.
Taco Bell and McDonald’s are considering adding kiosks in restaurants for customers to place their orders. This will hopefully make the ordering process more efficient and increase accuracy.
a. product change.b. technology change.
Answer: (B) Technology change
Explanation:
The technology change is one of the efficient process in environment as it helps in developing various types of technology for increase the accuracy and also the efficiency of the various types of products and the services.
We can efficiently change the technology result in the output without change the input as it also improves the overall output of the products. It is also known as the technological development as it helps in manage the overall process of innovation, diffusion and the invention.
According to the given question, the McDonald's and the Taco bell are try to adding the kiosks in their restaurants so that it helps the customers in placing the orders.
Therefore, Option (B) is correct answer.
Adding kiosks in restaurants for customers to place their orders is a technology change that aims to improve efficiency and accuracy.
Explanation:Taco Bell and McDonald’s adding kiosks in restaurants for customers to place their orders is an example of a technology change in the business industry. The introduction of kiosks is a technological advancement that aims to improve the efficiency and accuracy of the ordering process.
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Dissatisfaction with public education has led many parents to try home schooling for their children. If parents cut back on their jobs outside the home in order to spend time teaching their children at home, how will this affect GDP?
Answer:
Explanation:
It is becoming a major concern in the current times that public education is becoming not good enough. As a result, many parents are now sacrificing their work time to teach their kids and possibly quitting their jobs . If they aren't working at all, their direct contribution of human capital would reduce hence decreasing the GDP. On the other hand, some parents may opt to working from home like working on a side hustle while taking time to teach their kids. This could increase the GDP.
A ____ brand usually requires a producer to become involved in distribution, promotion, and pricing decisions. a. manufacturer b. wholesaler c. store d. private distributor e. dealer
Answer:
manufacturer brand
Explanation:
The brand is recognized as the Manufacturer Brand when the producer sells products on its own title. Manufacturers strive for this differentiation by shifting their allegiance to other goods of the company to draw current loyal and happy consumers as well.
Responsibility for distribution and marketing is shared by producer.Because of the cheap prices provided by supermarket labels, clients usually conclude the supplier products are of greater quality than store brands.
The reason for the high cost of the brand of the supplier is due to the cost of distribution platform suffered. Several manufacturer companies have introduced low-price replacements to compete with minimum-price seller products.
Other things the same, if the interest rate falls, then a. firms will want to borrow more, which increases the quantity of loanable funds demanded.
Answer: (a).
Annexure: Since a part of the information was found missing in the question, a similar question has been provided as an attachment for reference.
If the interest rate falls with other things remaining constant, a firm would like to raise more money via debt instruments.
This will lead to an increase in the quantity of loanable funds demanded.
This would further lead to increase in the level of invested funds by the public as it would get cheaper for the corporates to avail loans.
Housing prices have begun to drop. New home construction has stopped and fewer run-down houses are being repaired. (Use the graphs from the Supply and Demand Guide.)
Answer:
graph b
Explanation:
The prices of housing have decreased to a certain amount. Furthermore, there is no construction of a new building and the rate of repair of houses is low. This shows that there is a decrease in the demand for housing which results in a corresponding reduction in the price of housing as well as the supply of new housing.
Nick has just learned from the CEO that he needs to lay off fifteen workers. He cares a great deal about his employees and wants to convey this information in the best way possible. What medium should Nick use to tell his employees that they're fired?
Answer:
FACE TO FACE
Explanation:
If Nick cares a great deal about his employees and wants to convey this information in the best way possible, then the medium Nick should use to tell his employees that they're fired is the 'Face to Face' method which means announcing to them in Person.
The following reasons are why:
1. Shock Reduction. If a worker is being fired, that worker will receive such a news with negative shock which will be more severe if done in writing.
2. Clarity and Conciseness: Firing someone always comes with some level of confusion which can be adequately managed if done on a personal familiar level.
3. Emotional Management: Face to face information helps the manager to manage the emotions of sad feelings and give the employees a soft landing.
Final answer:
Nick should communicate layoffs to his employees in person with sensitivity and respect, ensuring privacy and honesty in each conversation, as opposed to the criticized approach of RadioShack's impersonal email notifications.
Explanation:
When it comes to the sensitive task of informing employees about layoffs, the medium of communication is of utmost importance. The decision by RadioShack Corporation to deliver layoff notifications via email was criticized and is often referenced as a blunder in human resources management. Experts like Business Week's ethics columnist Bruce Weinstein advocate for handling such sensitive matters with a more personal and ethical approach, emphasizing in-person notifications that are private, honest, sensitive, and not rushed. Learning from RadioShack's approach, it would be prudent for Nick to opt for face-to-face conversations to communicate the layoffs, ensuring he does so with the compassion and respect his employees deserve.
Professor Knice gives his introductory psychology class of 300 students an exam, and everyone earns an A. The exam lacks the _____ to detect which students studied and which did not.
A)sample size
B)reliability
C)power
D)significance
The exam lacks the power to determine which students has studied and the students who have not studied
Explanation:
In his introductory class the professor in the motive of encouraging the students and to make them more involved in learning the subject he offers A grade to all the students
In this case the professor will lose his ability to judge the student and he will consume his time in understanding and estimating the students who has the ability to learn and the student who do not have