Answer:
No
Explanation:
Wants are the items or things we desire to have. They make our lives pleasant and more comfortable. We buy wants for leisure or fun. We can live and survive without wants, although they make life enjoyable.
Unlike wants, needs are the things we require to survive. Needs include food, shelter, water, clothing, and other basic requirements for life, such as health care. While needs can be satisfied to a certain degree, human beings have insatiable wants. Care should be taken not to incur too many debts to meet one's wants. Prioritizing wants may lead to too much debt, which may end being counter-productive. As want makes lives more comfortable, too much debt causes financial distress, sadness, or even bankruptcy.
<span>This is a true statement. This is a way of making the proposal seem like an overall positive, instead of looking at the ways in which they may have lost out in the deal. Ignoring the negatives is one way of downplaying the situation as well as rationalizing why the overall negotiation was positive.</span>
Answer:
e. All of the above will increase
Explanation:
Labour cost can be defined as the total cost that is used to execute a business. It is always a company's goal to reduce or minimize labour cost because and increased labour cost is as a result of a decrease in productivity.
When an increase in labour cost occurs due to a decrease in productivity, there would be an increase in price, increased factory cost, increase in manufacturing overhead and an increase in SGA.
Answer:
The answers is provided in paragraph along with brief introduction on savings. Each part has also been titled for better understanding.
Explanation:
<em><u>Introduction</u></em>
Saving is the income which has not been spent on any need or demand of a specific individual but instead kept in the bank account for future use or invested in some asset for earning future returns.
The impact of change in the savings rate on the output:
<em><u>Investment</u></em>
When an income is saved, it is sometimes deposited in the bank account. This in turn will lead to banks providing the save income to businesses for investing in their business. This will further grow the business and ultimately output would increase. The same goes for cases where savings are decreased that would lead the output to decrease as well.
<em><u>Interest Rate</u></em>
When savings are increased in banks. The amount to provide load has also been increased. This will lead to reduction in interest rates or borrowing rates which will help the economy to grow. Finally, the output will also grow.
<em><u>Individual</u></em>
If the saving rate is increased per person then the specific individual has more to spend. Such as if the average person spends the savings in shares or other businesses then the will increase their earnings even further. Thus, it would result in increase in output as well and vice versa.
