Answer:
(D) is the same and output is lower than in the original long-run equilibrium.
Explanation:
In the long term the prices are flexible. They adapt to the new situation of a decrease in the demand. This is consistent with with a lower output, consecuences of the decreasing in the demand.
<span>A life or health insurance policy is owned by an employee, but the premiums are paid by the employer: o The premiums are treated as taxable income to the employee. o The employer may deduct the premiums against business income as long as the premiums are a reasonable business expense.</span>
Answer: Prices generally increase at the same rate across most periods of time.
Explanation:
Inflation means a rapid rise in the price of commodities in a market, and it is normally as a result of scarcity of products or excess flow of money in an economy. Prices on the other hand do not always increase generally, as price could reduce or remain the same overtime.
Answer:
B
Explanation:
Here, in this question, we are to select which of the options is best.
The correct answer to this question is that in a concentrated network configuration, firms allow each site on the network to operate with full autonomy.
What this means is that each site in the network operate independently of the other sites.
A site is thus an autonomous entity but still part of the concentrated network
Answer: Trained incapacity
Explanation: In simple words, it refers to the idea that after gaining a certain kind of education, skill or experience etc. the level of thinking of an individual cannot go beyond a certain limit.
In the given case, the manager was the upper level employee and was not habitual to the work that was performed by the workers in the restaurant.
Therefore this position in the workplace limited his skills of performing only the managerial work.
Hence from the above we can conclude that the above case depicts trained incapacity.