Answer:
6 days
Explanation:
Given:
Cost of daily pass = $80
Cost of season ski pass = $450
Rent for the skis per day = $25
Let the number of days be 'x'
Thus,
Total cost with the daily pass = $80x + $25x = $115x
And,
Total cost with season pass = $450 + $25x
Now, in order to make the season pass less expensive than daily pass
the total cost with the season pass should be less than the total cost with the daily pass
Mathematically,
$450 + $25x ≤ $115x
or
$450 ≤ $115x - $25x
or
$450 ≤ 80x
or
x ≥ 5.625
i.e the skier should go to skiing atleast 6 days to make the season pass less expensive than the daily passes
Answer: Equilibrium price rises.
Explanation:
(a) Pen and pencil are substitute goods. So, if the price of pencil increases the demand for pens increases which shifts the demand curve rightwards and hence, equilibrium price rises.
(b) There is a direct relationship between the income of an individual and demand for normal goods. If there is an increase in the income of the consumer as a result demand also increases which increases the equilibrium prices.
(c) Writing in ink becomes fashionable, people expect the price of pens to rise in the near future and the population increaseswill lead to increases the demand for pens which which shifts the demand curve rightwards and hence, equilibrium price rises.
(d) Wages of pen-makers increase will increase the cost of production and hence increases the equilibrium price of pens.
Answer:
Procedural justice.
Explanation:
Procedural justice: It is an act of legal process of checking fairness to resolve dispute. It focus on how authorities interact with common people and how authority´s behaviour are influencing people to follow law and order. It also a process to check crime rate.
There are four pillar to procedural justice:
b. False
This statement is (A) True.
Self-managed teams are generally described as employees who have been assigned with a certain task or work, and thus they alone are responsible for the completion of it.
Doing this ensures that each employee is aware of what assignment that he or she needs to do, and it also decreases the chance where diffusion of responsibility might occur due to the unclear nature of who is responsible for what task.
Answer:
The statement is True.
Explanation:
Self managed teams are the group of employees in an organization who plan and manage their daily day to day activities without any supervision. If there is a case in which supervision is necessary, then the it is very reduced supervision. Each member of the group is highly motivated and also motivates other members to complete their daily tasks. So the given statement is very true that self managed teams encourage each team member to be responsible for one particular task.
Explanation:
The process by which an insurer decides whether to issue requested insurance is called:
A) Underwriting