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2 years ago

Identify which of the following microeconomic topics can have an impact on macroeconomic topics?

1 answer:

8 0

Answer: B. How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means?

Explanation:

It should be noted that microeconomics has to do with studying of economic agents like the individuals and the firms and how their decision affects the society while macroeconomics deals with the whole economy.

The microeconomic topics can have an impact on macroeconomic topics is option B "How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means".

This is because savings and expenditure have an impact on the economy had whole and this can lead to certain decisions to be taken by the government.

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When using horizontal differentiation, a firm divides itself into subunits based on function, type of business, or.

Karo-lina-s [1.5K]

When using horizontal differentiation, a firm divides itself into sub units based on function, type of business, or Geographic area

Horizontal differentiation

Is basically concerned with how the firm decides to divide itself into sub units. The decision is typically made on the basis of function, type of business, or geographical area. In many firms, just one of these criteria predominates, but more complex solutions are adopted in others. This is particularly likely in the case of international firms, where the conflicting demands to organize the company around different products (to realize location and experience curve economies) and different national markets (to remain locally responsive) must be reconciled. One solution to this dilemma is to adopt a matrix structure that divides the organization on the basis of both products and national markets.

Functional structure :

A functional structure can work well for a firm that is active in a single line of business and focuses on a single geographic area. But problems can develop once the firm expands into different businesses or geographies.

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1 year ago

Why labor and management might be at odds and why?

NikAS [45]

The most frequently employed technique of workers was the STRIKE. Withholding labor from management would, in theory, force the company to suffer great enough financial losses that they would agree to worker terms. Strikes have been known in America since the colonial age, but their numbers grew larger in the Gilded Age.

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2 years ago

Read 2 more answers

Yeast is used in bread baking; it has a rapid doubling time of approximately 90 minutes. (note: use the concepts of half-life or

dlinn [17]

Answer:

Yeast Yeast is used in bread baking; it has a rapid doubling time of approximately 90 minutes. a. Find a model for the size of a yeast culture after t hours, given the original size was 2.5 teaspoons.

Explanation:

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2 years ago

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A tile manufacturer has supplied the following data: Boxes of tiles produced and sold 520,000 Sales revenue $ 2,132,000 Variable

svetoff [14.1K]

Answer:

unitary contribution margin= $2.52

Explanation:

<u>First, we need to calculate the total variable cost:</u>

Total variable cost= Variable manufacturing expense + Variable selling and administrative expense

Total variable cost= 560,000 + 260,000

Total variable cost= $820,000

<u>Now, the unitary variable cost and the selling price:</u>

unitary variable cost= 820,000 / 520,000= $1.58

Selling price= 2,132,000 / 520,000= $4.1

<u>Finally, the unitary contribution margin:</u>

unitary contribution margin= selling price - unitary variable cost

unitary contribution margin= 4.1 - 1.58

unitary contribution margin= $2.52

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2 years ago

The expectation of a fair exchange of employment obligations between an employee and employer is called?

Nesterboy [21]

The expectation of a fair exchange of employment obligations between an employee and employer is called the psychological contract.

<h3>What is the psychological contract?</h3>

A psychological contract, a concept developed in contemporary research by organizational scholar Denise Rousseau, represents an employer's and an employee's mutual beliefs, perceptions, and informal obligations.
It establishes the dynamics of the relationship and defines the specifics of the work to be done.
It differs from the formal written employment contract, which, for the most part, only identifies mutual duties and responsibilities in broad strokes.
The psychological contract refers to the expectation of a fair exchange of employment obligations between an employee and an employer.
A psychological contract is defined as a philosophy rather than a formula or predetermined plan.
Characteristics of a psychological contract include respect, compassion, objectivity, and trust.

Therefore, the expectation of a fair exchange of employment obligations between an employee and employer is called the psychological contract.

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1 year ago