Figure 3-8 -Refer to Figure 3-8.The Graph in This Figure Illustrates an Figure

question 54

Multiple Choice

Figure 3-8
-Refer to Figure 3-8.The graph in this figure illustrates an initial competitive equilibrium in the market for motorcycles at the intersection of D1 and S2 (point B) .If there is an increase in number of companies producing motorcycles and a decrease in income (assume motorcycles are a normal good) ,the equilibrium could move to which point?

• A)A
• B)B
• C)C

Understand the concept and importance of contingency planning in HR.

Grasp the proactive and reactive aspects of HR forecasting.

Distinguish between the supply and demand of human resources in forecasting.

Recognize the connection between personnel planning processes and overall business goals.

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To experience a sensation or emotion through touch or to perceive something emotionally or intellectually.

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