In a few sentences, explain what it means to be
Financially responsible

Of the four types of discharge, firing a. results from an employee's poor performance⎯that is, from his or her failure to fulfill expectations.b. is for-cause dismissal⎯the result of employee theft, gross insubordination, release of proprietary information, and so on.c. usually refers to the temporary unemployment experienced by hourly employees and implies that they are "subject to recall."d. designates the permanent elimination of a job as a result of workforce reduction, plant closing, or departmental consolidation.

Alberto complained that it took some time to locate a distributor of an imported light bulb that he had to replace. he was further annoyed that he had to pay an artificially high price. when asked for his opinion, alberto would probably argue

Martha is one producer in the perfectly competitive jelly industry. last year, martha and all of her competitors found themselves earning economic profits. if there is free entry and exit, what do you expect will happen to the amount of output martha will produce and the amount of profit she will have? martha's output and profits will both decrease. martha's output will decrease, but her profits will increase. martha's output and profits will both increase. martha's output will increase but her profits will decrease.