The name of the concept <em>which is illustrated</em> in this scenario about Jacob seeking deals that would <em>benefit his own interests more than the company </em>he is representing is known as:
According to the given question, we are asked to state the name of the concept <em>which is illustrated</em> in this scenario about Jacob seeking deals that would <em>benefit his own interests more than the company </em>he is representing.
As a result of this, we can see that Jacob is self dealing because he is acting in his own interests in order to get significant bonuses in addition to his salary.
Therefore, the correct answer is option B
Read more about self dealing here:
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I really don't understand what you are asking
Answer:
this is your answer good day
Explanation:
Customer – one who is a recipient of services or products from a company or individual for money … costumer-is someone who sells or makes costumes. customer-is someone who buys from shop or company.
Answer:
5 tons of salt for 1 ton of pepper
10 tons of salt for 1 ton of pepper
Explanation:
Alphaland's opportunity cost of producing one ton of pepper = 80 ÷ 5
= 16 tons of salt
Betaton's opportunity cost of producing one ton of pepper = 3 ÷ 1
= 3 tons of salt
Alphaland's opportunity cost of producing one ton of salt = 5 ÷ 80
= 0.0625 tons of pepper
Betaton's opportunity cost of producing one ton of salt = 1 ÷ 3
= 0.3333 tons of pepper
Therefore, Betaton has a comparative advantage in producing pepper because it has the lower opportunity cost of producing pepper as compared to Alphaland. On the other hand, Alphaland has a comparative advantage in producing salt because it has the lower opportunity cost of producing salt as compared to Betaton.
Hence, Betaton is specialized in the production of pepper and Alphaland is specialized in the production of salt.
Trade is beneficial for both the nations when Alphaland buys pepper at a price lower than the 16 tons of salt and Betaton sells pepper at a price greater than 3 tons of salt.
Trade ratios:
5 tons of salt for 1 ton of pepper
10 tons of salt for 1 ton of pepper
Control of money supply.
The main function of Federal Reserve is to conduct the monetary policy by influencing money and credit conditions.