At a price of $65, consumers demand 650 pairs of shoes, and sellers supply 650 pairs of shoes. The price of $65 (where quantity supplied and quantity demanded both equal 650 pairs of shoes) is the _____.

Answer;

Work addiction.

Distrust among team members.

High attrition rates.

Explanation:

Work addiction is good but working every time is overburdening yourself, that's what William is doing. If he continues the same routine there are indications that he will not put the right amount of energy in the right path.

Team would be disappointed with him, they won't support much at the later stage and may think of not to join William's team, as he is not considering his team while making his decisions.

There will be surely some harmful effects on his physical and as well as mental health, as he would be rejected by his peers.  

Answer:

Constructive conflict should be encouraged for better decision making and performance

Explanation:

Constructive conflict is a positive form of conflict in an organization. It arises when people have different ideas, values and opinions and come together to find the best solution. It is encouraged among teamwork because it allows to find the most creative solutions to problems as everyone corporates and shares different thoughts and views. Participants talk openly and respect other people’s views and opinions. They are also willing to let go of their own ego and agree to someone else’s solution if they are persuaded that it is a better solution than their own. Mediators and facilitators are sometimes used to ensure that a conflict remains constructive as opposed to destructive.

Answer:

A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. The following concepts can not be illustrated by this concept:

• the flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing.

Explanation:

• A Production Possibilities Frontier also known as the Production Possibility Curve or Transformation Curve. This curve illustrates a country or a business is utilizing its resources effectively by showing the point at which that country or business is producing its products efficiently.
• This curve is unable to tell you the flow of dollars between the seller and buyers of goods of a business or a country.
• It only tells us about the production of goods not the flow of cash.

Answer: The answer is inflation

Explanation:

Production possibility curve is the locus of points showing the various combination of two commodities that can be produced using the available resources and the available technology. The production possibility curve is a analytical tool which explained the problem of making a choice and opportunity cost., it is used to explain that the cost of producing a particular commodity is the amount of another commodity that must be sacrificed. The production possibility curve can be used to explain the following economic concept

Opportunity cost : This is cost of sacrificing one commodity for the other.This is the alternative forgone in order to produce that commodity.

Full employment : The point on the curve is used to indicate when the country is having full employment or when the country is having an efficient use of resources

Unemployment : The point inside the curve is used to indicate when the country is having unemployment or when such a country is having inefficient use of resources.

Economic growth : The outward shift of the curve indicate that the country is having economic growth, it is used to show when there is an increase in output per head in an economy.

Investment : The production possibility curve is also used to explain when there is increase in investment in the country, in the sense that, investment occurs when more capital goods and fewer consumer goods are produced.

However, The production possibility curve cannot be used to explain the concept of inflation in an economy of a country. In the sense that, in the period of inflation the taste and desires of consumers are not correctly influenced by the prices of goods and services, during inflation less of goods and services are purchased by consumers because inflation reduced their purchasing power.