"THE Associated Mine Workers Union of Zimbabwe and the Chamber of Mines Zimbabwe have agreed a new minimum wage for mine workers, which will see salaries being paid in both United States dollars and local currency." If the wage negotiated in the mining industry is higher than the wage previously paid, then ceteris paribus... A. The demand curve for mined minerals shifts to the left. B. The demand curve for mined minerals shifts to the right. OC. The supply curve for mined minerals shifts to the left D. The supply curve for mined minerals shifts to the right
Answers
If the wage negotiated in the mining industry is higher than the wage previously paid, then ceteris paribus D. The supply curve for mined minerals shifts to the right.
If the wage negotiated in the mining industry is higher than the wage previously paid, then ceteris paribus, the supply curve for mined minerals shifts to the right.
Ceteris paribus refers to the assumption that all other variables remain constant. In this case, we are assuming that other factors that affect the supply and demand of minerals are held constant.
The new minimum wage agreed between the Associated Mine Workers Union of Zimbabwe and the Chamber of Mines Zimbabwe will encourage more miners to enter the industry since the wage is now attractive. This will lead to an increase in the supply of mined minerals.
Therefore, the correct answer is option D. The supply curve for mined minerals shifts to the right.
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Related Questions
Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should:
a. maintain a happy and cheerful demeanor.
b. sit down immediately and begin the presentation.
c. All of the answers are correct.
d. say something funny in an attempt to lighten the customer's mood.
e. ask if she should come back some other time for the meeting.
Answers
when using the fifo method to compute the equivalent units of production, how do you calculate the number of equivalent units that are needed to complete the beginning work in process inventory?
Answers
Answer:45
Explanation:
Japan Lights was a unit of Brizz Electricals. Japan Lights employs 120 workers for their assembly lines. The workers had been doing their job with manual assembling machines which was to be replaced by Automatic assembly lines. Please answer the following questions.
a. The decision of replacement was not taken positively by all the workers. Almost 80% workers approached the management with a threat of a strike against bringing in the automation. Discuss two types of resistance to change usually observed in such situations.
Answers
In the situation where the workers are resistant to change, two types of resistance that are usually observed are passive resistance and active resistance.
In the situation where the workers are resistant to change, two types of resistance that are usually observed are passive resistance and active resistance. Below are the explanations of both types of resistance:
Passive resistance: It is a form of resistance in which the workers appear to be accepting of the change but do not support it wholeheartedly. They tend to show their disagreement by doing as little as possible, being slow in their work, making mistakes, or ignoring some tasks. This resistance is often hard to identify and may go unnoticed. Workers who resist passively may fear punishment or feel that their resistance would not affect the change. Such resistance might make it hard for the organization to implement the new change.
Active resistance: In this form of resistance, the workers actively challenge and question the change. They might refuse to cooperate, complain, spread rumors, use emotional arguments, or gather support for their opposition. Active resistance can lead to conflicts and can have a more substantial impact on the change. Active resistance is usually observed in cases where workers believe that their interests are threatened, or they do not understand the reason for the change. Therefore, these are the two types of resistance to change usually observed in situations where workers are resistant to change.
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Which of the following is counted in the money supply?
Barter
Currency
Personal debt
Mortgage balances
Answers
The option that tells us what is counted in the money supply would have to be Mortgage balances.
What is meant by money supply?This is the term that is used to refer to the total amount of money that is in circulation in a particular economy at a period of time. It is the money that is in circulation that the people especially households and businesses would use in their daily transactions in the economy at a period of time.
Hence we would have to conclude that the The option that tells us what is counted in the money supply would have to be Mortgage balances.
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Answer:
B. Currency.
Explanation:
Took the test and got ir right.
Have a nice day!
Assignment 2: Job Satisfaction \& Work Performance Mobile Apps have been widely used in many aspects of our daily life. In what ways can Mobile Apps be adopted to enhance job satisfaction in managing employees work performance. Your discussion should be supported by the relevant OB topics and also referenced journal articles. Word count: 2,000 (excluding table of contents and appendices)
Answers
Mobile apps can be adopted to enhance job satisfaction in managing employees' work performance through features that promote communication, feedback, recognition, and work-life balance.
Mobile apps have become an integral part of our daily lives, and their potential to enhance various aspects of work is significant. When it comes to managing employees' work performance, mobile apps can play a crucial role in boosting job satisfaction. By leveraging the features offered by mobile apps, organizations can create a more engaging and supportive work environment.
Effective communication is vital for employee satisfaction and performance. Mobile apps can facilitate real-time communication, enabling employees to connect with their supervisors, colleagues, and teams regardless of their physical location. Features like instant messaging, video conferencing, and project collaboration tools can streamline communication channels, promote teamwork, and foster a sense of belonging.
Feedback and recognition are essential drivers of job satisfaction. Mobile apps can provide platforms for continuous feedback and recognition, allowing managers to acknowledge employees' achievements, provide constructive feedback, and offer opportunities for professional growth. Such recognition and feedback mechanisms contribute to employees feeling valued, motivated, and satisfied in their roles.
Work-life balance is increasingly valued by employees. Mobile apps can support flexible work arrangements by offering features such as remote access to work-related information, task management, and scheduling tools. This flexibility enables employees to better manage their work responsibilities and personal commitments, leading to increased job satisfaction and overall well-being.
By integrating these features, mobile apps can enhance job satisfaction by fostering effective communication, providing timely feedback and recognition, and promoting work-life balance. However, it is essential to ensure that the implementation of mobile apps aligns with relevant organizational behavior (OB) topics and best practices. This may include considering factors such as privacy, data security, usability, and employee preferences to maximize the positive impact of mobile apps on job satisfaction and work performance.
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At the end of the month, you have only $10 left in your checking account. You deposit your $200 paycheck from your part-time waitressing job, but the restaurant is not doing well and your paycheck bounces. Your bank holds you accountable and charges you $50 for depositing a bad check. What is the balance of your checking account after attempting to deposit your bad paycheck?
Answers
Answer:
the money left in your account is $ 460 because you deducted $ 50
Explanation:
Genna and four others are establishing a business to create monogrammed items of personal clothing to sell to the general public. Genna is concerned about entering into business with others and possibly being liable for their actions, so she convinces the others that they should incorporate. After doing some basic research on how to incorporate a business, Genna starts preparing the articles of incorporation. At a minimum, Genna must make sure that the articles of incorporation include:
A. the name of the corporation and the name and address of each incorporator.
B. the name of the corporation, the number of shares of stock the corporation is authorized to issue, the name and street address of the initial registered agent of the corporation and his or her registered office, and the name and address of each incorporator.
C. the name of the corporation, the name and street address of the initial registered agent of the corporation and his or her registered office, and the name and address of each incorporator.
D. the name of the corporation, the number of shares of stock the corporation is authorized to issue, and the name and address of each incorporator.
Kelly lives in Arkansas and works in the data division of Acxiom Corporation. Acxiom has its headquarters in Conway, Arkansas. Acxiom is incorporated in Delaware, however, because of the corporate-friendly laws in that state. Kelly works in a(n):
A. domestic corporation, because Acxiom’s headquarters is in the same state where Kelly works.
B. alien corporation because Acxiom is incorporated in a different state than the division where Kelly works.
C. foreign corporation because Acxiom is incorporated in a different state than the division where Kelly works.
D. close corporation because Kelly works in a division of Acxiom located close to where she lives.
Answers
At a minimum, Genna must make sure that the articles of incorporation include:
C. the name of the corporation, the number of shares of stock the corporation is authorized to issue, the name and street address of the initial registered agent of the corporation and his or her registered office, and the name and address of each incorporator.Kelly works in a(n):
C. foreign corporation because Acxiom is incorporated in a different state than the division where Kelly works.What is a Corporation?This refers to a legal entity that is authorised to act as a single entity even though it might have many owners for a particular purpose.
Therefore, we can note that Kelly works in a foreign corporation as it cannot be considered an alien corporation because it is in a different state.
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Steve has worked 36 hours this week at $10/hour. On his last shift of the week he clocks in at 8:05 am and takes his lunch at 11:53. He comes back from lunch at 12:35 and clocks out at 4:56. How much will Steve's Gross Pay be?
Answers
Answer:
$441.5
Explanation:
Hours already worked = 36 hours
Rate = $10 / day
Number of hours worked on last shift :
8:05 - 11:53 = 3 hours 48 minutes
12:35 - 4:56 = about 4 hours 21 minutes
Total hours (3 hours 48) + (4 hours 21 minutes). = 8 hours 9 minutes
Hence, total hours worked that week :
36 hours + 8hours 9 minutes
44 hours 9 minutes
Rate = $10 / hour
(44*$10) + (9/60 * $10)
$440 + $1.5
Gross pay = $441.5
Define demand and supply
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According to the "Negotiating Family Relationships" website you visited, if you and your siblings receive your allowance according to the amount of chores completed, your family is practicing the ___________ Model of Human relationships a. Equality Matching b. Authority Ranking c. Market Pricing d. Communal Sharing Please select the best answer from the choices provided A B C D.
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The type of human relationship which a family practises if it gives allowances based on the amount of chores completed is known as:
C. Market pricingWhat is Market Pricing?This refers to the type of strategy which is based off on the valuation which is given based on the competitive strategy and the value of the product is evaluated in relation to others.
With this in mind, we can see that based on the given description of the family and the allowances received which is based on the amount of chores completed, this is known as market pricing model of human relationships.
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Which two are benefits of equity funding? (Choose two)
1. Loan payments are predictable; they do not change with the fortunes of the business.
2. Can be used to raise working capital.
3. Investors do not get paid if the business does not make a profit.
4. Loan payments can be set up so they match seasonal sales of the business.
5. Investors have no say in the management or direction of the business.
Answers
The benefits of equity funding are it can be used to raise working capital.
Investors do not get paid if the business does not make a profit. Option 2 and option 3 are appropriate response.
What is equity funding?
The practice of raising money through the selling of shares is known as equity funding. Companies raise money to pay expenses in the short term or because they have a long-term objective and need money to invest in their expansion.
A firm effectively sells ownership in their business when it sells equity shares in exchange for money. There are two methods of equity funding: the private placement of stock with investors and public stock offerings.
Equity funding is used when companies, have a short-term need for cash. It is used to raise working capital. It carries no repayment obligation, investors are only paid when the business is profitable.
Hence option 2 and option 3 are correct response.
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On January 1, 2021, Ithaca Corp. Purchases Cortland Inc. Bonds that have a face value of $330,000. The Cortland bonds have a stated interest rate of 5%. Interest is paid semiannually on June 30 and December 31, and the bonds mature in 10 years. For bonds of similar risk and maturity, the market yield on particular dates is as follows:
January 1, 2021 11. 0%
June 30, 2021 12. 0%
December 31, 2021 14. 0%
Required:
a. Calculate the price Ithaca would have paid for the Cortland bonds on January 1, 2021 (ignoring brokerage fees), and prepare a journal entry to record the purchase.
b. Prepare all appropriate journal entries related to the bond investment during 2021, assuming Ithaca accounts for the bonds as a held-to-maturity investment. Ithaca calculates interest revenue at the effective interest rate as of the date it purchased the bonds.
c. Prepare all appropriate journal entries related to the bond investment during 2021, assuming that Ithaca chose the fair value option when the bonds were purchased, and that Ithaca determines fair value of the bonds semiannually. Ithaca calculates interest revenue at the effective interest rate as of the date it purchased the bonds
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Ithaca Corp. purchased Cortland Inc. bonds with a face value of $330,000 on January 1, 2021. The bonds have a stated interest rate of 5%, payable semiannually. The market yield for similar bonds on various dates in 2021 was 11%, 12%, and 14%. This response will calculate the price paid for the bonds on January 1, 2021, and provide journal entries for both the held-to-maturity and fair value options for the bond investment in 2021.
a. To calculate the price paid for the Cortland bonds on January 1, 2021, we need to determine the present value of the future cash flows. Since the bonds have a face value of $330,000 and a stated interest rate of 5% payable semiannually, we can calculate the bond price using the present value formula. The market yield on January 1, 2021, is 11%. By discounting the future cash flows, the price paid for the bonds would be lower than the face value, and the specific amount can be calculated using the formula. Once the price is determined, a journal entry is made to record the purchase, debiting the "Bonds payable" account and crediting the "Cash" account.
b. If Ithaca accounts for the bonds as a held-to-maturity investment, it would recognize interest revenue at the effective interest rate as of the purchase date. The effective interest rate is calculated based on the present value of the expected cash flows. Journal entries would be made to record the interest revenue on June 30 and December 31, debiting the "Cash" account and crediting the "Interest revenue" account.
c. If Ithaca chose the fair value option, it would need to determine the fair value of the bonds semiannually. This fair value can be influenced by changes in market yields. The journal entries would involve adjusting the fair value of the bonds and recognizing any changes in fair value as unrealized gains or losses in the "Fair value adjustment" account. Interest revenue would still be calculated based on the effective interest rate as of the purchase date and recorded through appropriate journal entries on June 30 and December 31.
Note: The calculations and specific journal entries can be provided if required, as they depend on the specific values and dates mentioned in the problem.
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What is a franchise business?
Answers
a purchased intangible is valued at its original cost. original cost for acquiring a patent would include:
Answers
Answer: Legal costs to acquire, Required filing fees, Purchase price
Explanation:
question content area the increases in stockholders' equity attributable to selling services or products to customers are called a.revenues b.expenses c.assets d.liabilities
Answers
The increases in stockholders' equity attributable to selling services or products to customers are called Revenues.
What does Revenues mean?
Revenues refer to the total amount of money received by a company or organization from the sale of goods and services over a period of time. It is also sometimes referred to as "turnover" or "sales."
What does Stakeholder mean?
A stakeholder is a person, group, or organization that has a vested interest in the success of a project or venture. The outcome of a project can affect or be affected by stakeholders. Customers, suppliers, employees, shareholders, financiers, government agencies, and the community are all examples of stakeholders.
Therefore the correct option is A. Revenues.
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The use of a backward L-shaped aggregate supply curve allows us to ________ in a way that other shapes would not.
Answers
Hello,
Answer:
The use of a backward L-shaped aggregate supply curve allows us to consider different/various macro points of view in a way that other shapes would not.
Monitoring the competition is important for all the following reasons EXCEPT
a
to keep prices competitive.
b
a similar décor will attract customers.
c
to match competitors’ promotions.
d
to detect weaknesses in competitors’ promotional strategies.
Answers
Answer: The answer is B
Explanation: Took the test
Answer:
B. a similar décor will attract customers.
Explanation:
Businesses are said to have a higher turnover when they can’t keep employees for very long. Why might employers leave a company soon after being hired? How could a company decrease their turnover rate?
Answers
Explanation:
employees leave for better salaries, for jobs with more responsibilities, for jobs where they feel they contribute or still can learn from, for better management/managers or for personal reasons such as divorces. but if they leave soon after being hired, the cause is probably the really bad management.
a company could invest more in their employees and especially in their managers which are most of time responsible for early departures of employees.
Using the relevant financial securities and
institutions, explain the chain of events which lead to the 2007
global financial crisis.
Answers
The chain of events leading to the 2007 global financial crisis was influenced by a combination of factors, including the housing market bubble, subprime lending practices, securitization of mortgages, flawed credit ratings, excessive risk-taking by financial institutions, and the interconnectedness of the global financial system.
The 2007 global financial crisis was a complex event that involved various financial securities and institutions.
1. Housing Bubble: In the early to mid-2000s, there was a housing bubble in the United States, fueled by factors such as loose lending standards, low interest rates, and speculation. Housing prices soared, leading to an increased demand for mortgage loans.
2. Subprime Mortgages: To meet the rising demand for mortgage loans, financial institutions started offering subprime mortgages to borrowers with lower creditworthiness. These mortgages had higher interest rates and were often bundled into mortgage-backed securities (MBS).
3. Securitization and Collateralized Debt Obligations (CDOs): Mortgage-backed securities were packaged into complex financial instruments known as collateralized debt obligations (CDOs). CDOs pooled together various types of mortgages, including subprime mortgages, and were sold to investors.
4. Credit Rating Agencies: Credit rating agencies assigned high ratings to many of these CDOs, indicating that they were relatively safe investments. However, the agencies underestimated the risks associated with the underlying subprime mortgages.
5. Financial Institutions' Investments: Financial institutions, including banks and investment firms, invested heavily in these CDOs and other complex derivatives, assuming they were low risk due to their high credit ratings. These investments were often funded through short-term borrowing.
6. Deterioration of Mortgage Market: As housing prices started to decline and the number of mortgage defaults increased, the value of mortgage-backed securities and CDOs plummeted. This created a crisis of confidence in the financial markets.
7. Interconnectedness and Systemic Risk: The financial institutions holding these toxic assets faced significant losses, impacting their capital positions. Moreover, the interconnectedness of the global financial system through complex financial products and counterparty relationships amplified the crisis, leading to a freeze in credit markets.
8. Financial Institution Failures and Bailouts: Several major financial institutions faced insolvency or collapse, including Lehman Brothers. This prompted government interventions, such as bailouts and emergency liquidity measures, to stabilize the financial system and prevent further contagion
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The economies of many countries, such as ____, are based on manufacturing electronics.
Answers
Answer:
Japan & Taiwan
Explanation:
Japan & Taiwan are examples of two countries whose economies depend on electronic manufacturing. Some of the popular Japanese electronic brands include Sony, canon, and Toshiba. These brands are household names worldwide. Taiwan brands include Acer, HTC, and Asus, which are very popular in laptops and phones.
The main goal of the ________ is to motivate employees to improve team- or company-level efficiency.
Answers
Answer:
ProMES
Explanation:
Create a comic strip, poster, or other visual art presentation that illustrates the forces of supply and demand, just as the dance routine in Supply and Dance, Man illustrated it using
the example of selling canes. Invent a fictitious business and illustrate how the business's successes shift supply and demand. Identify the supply and demand factors at play.
Answers
Answer:
demand is equal to 1000 and factors is equal to 5000
When the price of designer jeans goes from $85 to $60, the quantity demanded increases from 100,000 to 120,000. Over this price range, the a. demand for the jeans is elastic. b. demand for the jeans is inelastic.
c. demand for the jeans is of unitary elasticity.
d. arc elasticity of demand for the jeans is -4.
Answers
When the price of designer jeans decreases from $85 to $60, the quantity demanded increases from 100,000 to 120,000, so the demand for the jeans is elastic. Option a is correct answer.
Elasticity of demand measures how sensitive the quantity demanded is to changes in price. A demand is considered elastic if the percentage change in quantity demanded is greater than the percentage change in price, and inelastic if the percentage change in quantity demanded is less than the percentage change in price.
In this case, the percentage change in price is (60 - 85)/85 = -29.4%, and the percentage change in quantity demanded is (120,000 - 100,000)/100,000 = 20%. Since the percentage change in quantity demanded is greater than the percentage change in price, the demand is considered elastic.
Option b is incorrect because the demand is not inelastic. Option c is incorrect because unitary elasticity refers to a situation where the percentage change in quantity demanded is equal to the percentage change in price, which is not the case here. Option d is incorrect because the arc elasticity of demand can be calculated using the formula:
arc elasticity of demand = (% change in quantity demanded) / (% change in price)
In this case, the arc elasticity of demand would be 20% / -29.4% = -0.68, which is not equal to -4.
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APR, a rate advertised by ___ is typically ___ than APY
A) lenders; higher
B) borrowers; higher
C) borrowers; lower
D) lenders; lower
answer: D
Answers
APR, a rate advertised by lenders is typically lower than APY. The correct answer is D.
What is APR?APR is an acronym for annual percentage rate, it is considered as a cost of borrowing money which is calculated on a percentage that any individual pay each year on their loan. It does not only include the rate of interest but also the fees you must pay to obtain the loan.
APY is an acronym for annual percentage yield, which is considered the actual rate of return on the investment after considering the effect of investment returns.
APR is a rate advertised by lenders that is typically lower than APY as the cost of overall borrowing is lower, and the accounts of APR are also lower. If the difference between APR and APY is higher, the frequency with which interest compounds also increases.
Therefore, option D lenders and lower is the appropriate answer.
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Laurasia has identified the following goods as its market basket. Here are the prices of those goods over three years. Compute the cost of that market basket in all three years. Instructions: Round your answers to two decimal places. Basket Product 2015 Price 2016 Price 2017 Price Quantity 15 Burgers $ 0.30 $ 0.35 $0.50 Shoes 6 $ 10.00 $12.00 $15.00 Scissors 8 $ 16.00 $18.00 $18.00 Cost 2015 2016 2017
Answers
To compute the cost of Laurasia's market basket in three years, we need to multiply the quantity of each product by its corresponding price and add them up. The cost of Laurasia's market basket was $43.00 in 2015, $57.80 in 2016, and $75.40 in 2017.
Basket Product 2015 Price 2016 Price 2017 Price Quantity
15 Burgers $ 0.30 $ 0.35 $0.50 15
Shoes $10.00 $12.00 $15.00 6
Scissors $16.00 $18.00 $18.00 8
Cost $43.00 $57.80 $75.40
Therefore, the cost of Laurasia's market basket in 2015 was $43.00, in 2016 it was $57.80, and in 2017 it was $75.40. We rounded the answers to two decimal places as instructed.
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Polly borrowed $285 for a new floor lamp. She will make 5 monthly payments of $62 to repay the loan. How much will she pay in
interest?
$285
$62
$25
$310
$50
Answers
WILL CHOOSE BRANLIEST!!!!!
What is opportunity cost? (Select the best answer.)
the value of an investment opportunity when it's compared with all the other investments you've made in the past
the total amount of investments in a portfolio
the principal in an investment account
the value of an investment opportunity you pass up in order to take another investment opportunity
Answers
Answer:
The value of an investment opportunity you pass up in order to take another investment opportunity
Hope this helps plz mark me Brainliest
The value of an investment opportunity you pass up in order to take another investment opportunity is called as opportunity cost.
The price of a lost chance is called the opportunity cost. It is the worth of the next greatest chance that is passed up in favor of pursuing a certain course of action.
Opportunity cost is a word used in economics to describe how much something costs in relation to the alternative that is sacrificed. In other words, the opportunity cost is the value of the best alternative choice that is forfeited anytime you pick one option over another.
Opportunity cost is the value of alternative products or services you must forgo in order to purchase what you desire.
Thus, fourth is the correct option.
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Economic growth usually can be achieved without investing in new resources
Answers
In most cases, achieving economic growth does not require spending money on new resources. As the economy grows, so does the frontier of production possibilities.
How does the lack of resources affect the rate of economic expansion?Prices that are high and unstable can be caused by a lack of resources. Materials-intensive sectors may see disruptive effects on their sourcing procedures as a result of the potential for a significant increase in material demand in the next decades. To better manage and lower sourcing costs, a circular business model can be helpful.
Scarcity and economic growth: what are they?We live in a world of scarcity, which forces us to make decisions between options because there aren't enough resources to meet all of our demands. Despite the ongoing presence of scarcity, economic progress enhances living standards.
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Explain the role of public relations in developing and maintaining a corporate image.
Answers
By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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Competition among sellers (producers) lowers costs and prices, and encourages producers to produce more of what consumers are willing and able to buy.
A. Explain how the above (free market competition) would be an advantage for you, the consumer.
B. Describe how an oligopoly OR monopoly could inhibit competition among businesses.
Answers
Answer:
A. Explain how the above (free market competition) would be an advantage for you, the consumer.
Free market competition is advantageous to the consumer because it promotes the supply of many goods and services, at a lower price than other market structures like oligopoly or monopoly.
In the free market, there are many firms, none have market power, and they produce goods and services that have many substitutes. This means that if a firm raises the price of a good, consumers simply flock to another firm that offers a similar product. This mechanism obliges firms to offer their goods at the market-clearing price, which is the best price for the consumer.
B. Describe how an oligopoly OR monopoly could inhibit competition among businesses.
Oligopolies ocurr when there are only a few firms in the market, and monopoly ocurrs when there is only one firm. These two market structures allow firms to charge higher prices than the market-clearing price, and to supply less quantity than the market-clearing quantity.
Besides, oligpolies and monopolies are characterized by high barriers to entry and exit, which keep potential competing firms out of market, inhibiting competition.