Public goods are available everywhere and are <span>both non-excludable and non-rivalrous</span>
They represent a market failure because <span>by their very nature they are nonexcludable and nonrival which makes it difficult for the private sector to supply them profitably. Answer: B
</span>Public goods are nonrival in consumption and their benefits are nonexcludable
Answer:
a) employees can be motivated by open communication.
Explanation:
The answer is that Howie does not realize that employees can be motivated by open communication because by asking employees suggestions as to how jobs could be restructured to improve productivity, John Noble is trying to have a direct communication allowing employees to express their thoughts which will make them feel as part of the company and valued which will result in them feeling motivated to perform well in their job.
The other options are not right because employees won't be giving their opinions thinking on equity and ways to simplify job tasks are not the only suggestions that employees can provide.
Milk is used in the production of cheese. Cheese and tofu are close substitutes in consumption. Milk and Oreos are complements in consumption. Suppose that the price of Oreos increases, how does this affect the market for tofu?
The correct answer is decreasing in price will increase the quantity demanded.
<h3>Why does price decrease when demand increases?</h3>
If demand does not change, there is an inverse relationship between the supply of goods and services and the price. As the supply of goods and services increases with the same demand, prices tend to fall to lower equilibrium prices and higher equilibrium quantities of goods and services.
The relationship between price and demand is negative. H. They are inversely proportional. The inverse relationship means that when the price of a product goes up, the demand for that product goes down, and vice versa. This is due to the law of reducing marginal utility.
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Answer
adjective
1.
first in order of importance; main.
"the country's principal cities"
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chief
primary
leading
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most important
predominant
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(most) prominent
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major
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cardinal
capital
preeminent
ultimate
uppermost
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arch-
number-one
Opposite:
minor
subordinate
subsidiary
2.
(of money) denoting an original sum invested or lent.
"the principal amount of your investment"
noun
1.
the person with the highest authority or most important position in an organization, institution, or group.
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chief executive (officer)
CEO
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MD
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governor
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2.
a sum of money lent or invested, on which interest is paid.
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capital sum
capital
capital funds
working capital