if michelle chooses job c then her economic rent from working at that job rather than job a is 2,000 dollars
The firm pays above average wages to its employees. Each employee is given at least two weeks of vacation and any time family matters arise and time is needed, flexible arrangements are made to facilitate the employee. Each Thanksgiving, a turkey is provided to each employee, $15 gift certificates are given for the Christmas holiday, and during the summer, the firm pays for each employee and one other individual to attend an expense-paid day at the local amusement park. This firm seems to be a(n) _________ company.
Answer:
People-oriented
Explanation:
In the people-oriented, the company want to share something or the employees wants to share something and in this the employees are treated a a friends. Here all can be happy, smilling. Moreover, the work can be done in a fun way, everyone love their job and every employee treated by the organization is same
so as per the given situation, it is a people-oriented
Answer:
People-oriented
Explanation:
A people-oriented company is the one that cares most about its employees and their welfare. A people-oriented company is a business approach that takes good care of employees by treating them well and recognizing their role in the firm.
In the given case, the firm that pays more than average salary to its employees, two weeks of vacation, family emergency time, flexibility, gifts on festivals, etc., is a people-oriented company. The firm is taking care of the well-being of its employees in the given scenario.
Therefore, it is a people-oriented company.
_____________are expenses incurred when a customer stops buying a product or service from one business and starts buying it from another.
Answer:
Switching cost
Explanation:
Switching costs are the costs when the consumer paid for switching the brands or products. It can be in terms of effort based, time based, etc
It can employ the high switching cost in order to protect the customers from shifting to the another brand
Therefore the switching cost should be considered
Brown Co. pays weekly salaries of $10,500 on Friday for a five-day workweek ending on that day. Assuming the end of the accounting period ends on Wednesday, the adjusting journal entry will include a a.credit to Wages Expense for $6,300. b.credit to Wages Expense for $10,500. c.credit to Wages Payable for $6,300. d.credit to Wages Payable for $4,200.
Answer:
c.credit to Wages Payable for $6,300.
Explanation:
The journal entry to record the wages expense is shown below;
Wages expense dr ($10,500 × 3 ÷ 5) $6,300
To Wages payable $6,300
(being the wages expense is recorded)
Here the wages expense is debited as it increased the expense and credited the wages payable as it increased the liabilities
One reason annual overhead application rates are used is Select one: a. to minimize the overhead cost assigned to products. b. to maximize the overhead cost assigned to products. c. because of seasonal variability of overhead costs. d. to help budget overhead costs.
Answer:
Answer is C
Explanation:
c. because of seasonal variability of overhead costs.
Someone who is extremely dissatisfied with the direction of their current employer and has their own great ideas, an independent streak, and a great work ethic might decide to _______.
Group of answer choices.
a. Tough it out and try to adjust to their workplace
b. Quit their jobs and start their own business
c. sabotage their bosses in order to get new leadership d. Climb the corporate ladder in order to implement their ideas
Answer:
b. Quit their jobs and start their own business
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Hence, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.
Generally, an employee who is extremely dissatisfied with the direction of their current employer and has his or her own great ideas, aspirations, an independent streak (willingness to work for oneself rather than serve others), and a great work ethic might decide to quit their jobs and start their own business such as an entrepreneur.
An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.
The following are four characteristics of an entrepreneur;
1. Innovative: it can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.
2. Passionate: believing in a course and one's ability to achieve much more at a business.
3. Risk-Taker: he or she is confident enough to venture into risky businesses with the hope of an expected success.
4. Self-Confident: he or she is bold and believes in his or her abilities to excel.
The government offers a subsidy of $5 per unit that increases the profit-maximizing quantity to 200 units. What will the total cost of the subsidy be to the government
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
If the government offers a subsidy of $5 per unit that increases the profit-maximizing quantity to 200 units. What will the total cost of the subsidy to the government will be $40 per unit.
What is subsidy?A subsidy is a direct or indirect government payment to people or businesses, typically in the form of cash or a targeted tax break. According to economic theory, subsidies can be used to reduce externalities and market imperfections to boost economic efficiency.
Subsidies are a strategy used by governments to promote production and consumption in particular industries. An industry can enable its manufacturers to generate more goods and services when the government introduces supplier subsidies.
Therefore if $ 5 subsidy will get 200 units increase in profit maximizing then cost of subsidy would be $40 per unit of consumption.
To know more about subsidy refer:
https://brainly.com/question/17136613
#SPJ5
any five differences between partnership
and Joint Stock company
here's your answer..
Suppose that dental hygienists are unionized in the eastern region of the country but not in the western region. If the unionized workers in the eastern region abolished their unions, employment a. and wages of dental hygienists in the eastern region would rise. b. of dental hygienists in the eastern region would rise, but wages of dental hygienists in the eastern region would fall. c. and wages of dental hygienists in the eastern region would fall. d. of dental hygienists in the eastern region would fall, but wages of dental hygienists in the eastern region would rise.
Answer: of dental hygienists in the eastern region would rise, but wages of dental hygienists in the eastern region would fall.
Explanation:
Since we are given the information that the dental hygienists in the Eastern region are unionized but that they're not unionized in the western region.
If the unionized workers in the eastern region abolished their unions, then the employment of dental hygienists in the eastern region would rise, but wages of dental hygienists in the eastern region would fall.
Since there's an abolishment of the union, the wages paid to the dental hygienist will reduce as there won't be a union to help fight for their needs and wages increase. Due to the reduction in wages, there'll be an increase in the number of dental hygienist employed.
Therefore, the correct option is B.
The Food and Drug Administration in the United States works to protect citizens from harmful products and companies must meet the regulations it sets. Which classification of nonquantitative nontariff barrier does this represent
Answer:
It prevents an imported good form being priced lower than the domestic good. ... decided to lower its export price in order to force the domestic producers in the importing nations out of business. Once these competitors are gone.
Answer:
Standards
Hope this answer helps you :)
Have a great day
Mark brainliest
what is the primary purpose of a mission statement
Answer: A mission statement is a concise explanation of the organization's reason for existence. It describes the organization's purpose and its overall intention. The mission statement supports the vision and serves to communicate purpose and direction to employees, customers, vendors and other stakeholders.
Hey! I need definitions to the following.
Temperance -
Justice -
Courage -
Perseverance -
Loyalty -
Commitment -
Pride -
Conviction -
Responsibility -
Self-Discipline
Compassion
Humility
Vitality
Dedication
Assertiveness
Fidelity
Forgiveness
Integrity
Respect for Authority
Etiquette
Work
Appreciating Cultural Diversity
Thank you so much
Answer:
Temperance - moderation or voluntary self-restraint
Justice - just behavior or treatment
Courage - the ability to do something that frightens one
Perseverance - persistence in doing something despite difficulty or delay in achieving success
Loyalty - a devotion and faithfulness to a nation, cause, philosophy, country, group, or person
Commitment - the state or quality of being dedicated to a cause, activity, etc.
Pride - a feeling of deep pleasure or satisfaction derived from one's own achievements
Conviction - the verdict that usually results when a court of law finds a defendant guilty of a crime
Responsibility - the state or fact of having a duty to deal with something or of having control over someone
Self-Discipline - the ability to control one's feelings and overcome one's weaknesses
Compassion - sympathetic pity and concern for the sufferings or misfortunes of others
Humility - the quality of being humble
Vitality - the state of being strong and active; energy
Dedication - the quality of being dedicated or committed to a task or purpose
Assertiveness - confident and forceful behavior
Fidelity - faithfulness to a person, cause, or belief, demonstrated by continuing loyalty and support
Forgiveness - the action or process of forgiving or being forgiven
Integrity - the quality of being honest and having strong moral principles; moral uprightness
Respect for Authority - to feel or show esteem, honor, and appreciation for
Etiquette - the customary code of polite behavior in society or among members of a particular profession or group
Work - activity involving mental or physical effort done in order to achieve a purpose or result
Appreciating Cultural Diversity - It is, well, appreciating cultural diversity! :D
Explanation:
I mean, you could have just searched it up :D
Under the Uniform Securities Act, an investment adviser who has no place of business in a State is exempt from registration if the:
Answer:
✓The adviser had no more than five clients in that state within the last 12 months
✓ The adviser provided advice only to investment companies in that state.
✓The adviser provided advice only to insurance companies in that state
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
Under the Uniform Securities Act, an investment adviser who has no place of business in a state is exempt from registration in that state if the adviser provides advice in which of the following situations?
ANSWER:
The Uniform Securities Act can be regarded as is a model law which was set up to serve as starting point as regards to state-level securities regulation. The purpose of this Act is to handle securities fraud at the state level and also to give assistance to the Securities and Exchange Commission (SEC) in aspect of enforcement as well as regulation.
As regards to the scenerio in the question, The investment adviser
✓would not have more than five clients in the whole particular state and within the period of duration of last 12 months.
✓ His advice will Only be towards
investment companies in that state.
✓His advice will Only be towards
insurance companies in that state
Which of the following is an example of an industrial user:
a. A parent buying a picture frame for his/her desk
b. A hairstylist buying new scissors to perform haircuts
C. A family buying a new home computer
d. A teacher buying a book to read on vacation
Out of the given options a hairstylist buying new seasons to perform haircuts is an example of industrial user
What is a industry?The economic activity in which the goods are being produced in factory or a service is being provided by a professional is known as a industry. In industry goods, services or raw materials are being produced.
What is the industrial revolution?With the time being change industries have also changed their way to work. The new transition in the way of manufacturing is called industrial revolution.
What is economic activities?
An economic activity is a process which leads to manufacturing of a good or rendering of services based on inputs. It take place when an organisation or a person gather all such as capital, premise, labour ,manufacturing techniques and produce specific goods or service. It is done to gain profit.
Hence Option B is the corrrect answer,
To learn more about Economic Activities, click here
https://brainly.com/question/1155001
#SPJ2
A short run production function of a competitive firm is given by Y= 6L^(2/3) where Y represents the units of output while L is the labour required. If Price (P)= 3 and Wage (W)= 6, how many units of labour (L) will the firm hire?
I need help with this, thank you!!!!!!!!!
Answer:
Economists often use a short-hand form for the production function: Q=f[L,K] Q = f [ L , K ] , where L represents all the variable inputs, and K represents all the fixed inputs.To determine the optimal capital-labor ratio set the marginal rate of technical substitution equal to the ratio of the wage rate to the rental rate of capital: K L = 30 120 , or L = 4K. Substitute for L in the production function and solve where K yields an output of 1,000 units: 1,000 = (100)(K)(4K), or K = 1.58.The production function is f(x1, x2) = x1/21x1/22. If the price of factor 1 is $12 and the price of factor 2 is $24, in what proportions should the firm use factors 1 and 2 if it wants to maximize profits? x1 = 2x2.There is no difference between fixed and variable factors of production. There are 3 stages namely, increased returns, constant returns, and decreasing returns, and no stage is considered best for the long run.Least Cost Rule: production at least cost requires the ratio of labor's marginal product to its price equals the ratio of capital's marginal product to its price. The amounts of labor and capital employed must be adjusted, all the while keeping output constant, until this condition is achieved.
Explanation:
You rented space for a kiosk at the mall last year for the holiday season for $750. This year they increased it to $825. What is the percent increase?
Answer:
10%
Explanation:
Cost of kiosk last year = $750
Cost of kiosk this year = $825
Percentage increase = $825-$750 / $750 * 100
Percentage increase = $75 / $750 * 100
Percentage increase = 10%
So the percentage increase in the cost of rent is 10%.
You are reviewing your client's bank feed. She has several expense transactions for the local gas station that are correctly categorized. Go to the For Review tab in the Banking Center Select the multiple gas transactions _____________________________ What step completes the process for adding all of these transactions to the bank feed at the same time
Mojor logisitics functions are logistics information management inventory management transportation and......
Answer:
warehousing
Explanation:
These are the options for the question
advertising
warehousing
financial projections
product design
Logistics can be regarded as process involving planning, as well as controlling the efficient and cost-effective flow, implementing and
storage of raw materials, as well as in-process inventory, and related information starting at origin point up to consumption point with the aim of for conforming to requirements of customer.roles of logistics are storage
transportation/delivery,distribution processing, and some activities to deliver products on time. It should be noted that Mojor logisitics functions are logistics information management inventory management transportation and warehousing
The ________________ effect holds that as the price level increases, the buying power of wealth that people have stored up in bank accounts and cash will diminish, eaten away to some extent by inflation.
Answer:
The Wealth effect...........
The [tex]\sf\purple{wealth}[/tex] effect holds that as the price level increases, the buying power of wealth that people have stored up in bank accounts and cash will diminish, eaten away to some extent by inflation.
[tex]\circ \: \: { \underline{ \boxed{ \sf{ \color{green}{Happy\:learning.}}}}}∘[/tex]
What does the business cycle shown on this graph suggest about the condition of the economy at point A?
A. the economy is getting worse and will continue to climb in for another quarter
B. the economy has struggled for some time but is preparing to recover
C. the economy has been well for a while and is at its highest point of the cycle
D. The economy is in a period of growth that will continue for some time
Answer:
C the Ecenomy has been well for while and is
at its highest piont of the cycle
Explanation:
hope it helps
Answer:
The economy is in a period of growth that will continue for some time
Explanation:
A company budgeted $148,000 sales on account for June, $120,000 for July, $211,000 for August, $198,000 for September, and $164,000 for October. Collection experience indicates that 60% of the budgeted sales will be collected the month after the sale, 36% will be collected the second month, and 4% will be uncollectible. Which month should have the largest amount of cash receipts from accounts receivable budgeted
Answer:
October
Explanation:
The computation of the month in which the largest amount of cash receipts is there
So, for that the calculation is to be needed
= $211,000 × 36% + $198,000 × 60%
= $75,960 + $118,800
= $194,760
For this month, the cash receipts from the account receivable is high
So the same should be considered
what do you pore first the cereal or the milk? True or false.
Many homeowners and businesses are installing solar electric systems. Greater use of solar electric systems benefits the environment because it A depends on the greater use of fossil fuels B conserves nonrenewable resources C produces gases that cause global warming D reduces the need for the ozone shield
The scenario below should be used for the following two questions. Your company, Johnson Farm Products, has decided to expand its traditional business serving farm owners in order to include home gardeners in its customer base. This change is not met with enthusiasm by the sales personnel who have had good long-term relationships with area farmers. You know that the change will be difficult to implement if you cannot overcome the resistance of the sales personnel and obtain their cooperation. You have brought in the local extension agent to explain demographics and the changing nature of the area in which you live. The method for overcoming resistance that you have chosen is ________. Group of answer choices
Answer:
Education and communication
Explanation:
Education and Communication is the method to be used. Communicating the reasons behind a change can reduce employee resistance on two levels.
First, it prevents misinformation and poor communication: If employees receive the full facts and clear up misunderstandings, resistance should subside.
Second, communication can help portray the need for change by packaging it properly.
Which of the following is the most appropriate topic to address in a college application essay?
Question 11 options:
A. your family's trip last summer to Yosemite National Park
B. why you decided to volunteer your Saturday afternoons at the local senior center
C. why you think the Yankees aren't likely to win the next World Series
D. your experiences learning to drive a car
No bit links. 15 points.
Answer:
B. why you decided to volunteer your Saturday afternoons at the local senior center
A(n)
is a nondeposit financial institution that pools funds from its members to provide retirement income for its members.
Answer:
"Pension fund" is the appropriate solution.
Explanation:
The term "pension plan" for employers would be a recognized plan or organization which offers an amount of livelihood throughout pensions.
Sometimes staff, potential employees, or sometimes both pay toward funding or contributions. Governments around the world throughout all concentrations give retirement compensation.Thus the above is the correct answer.
NC Office Supply purchased a heating system on September 1, 2019, for$18,500. The estimated salvage (disposal) value is $500 and the estimated useful life is 10 years. What is the accumulated depreciation at the end of 2021
Answer:
Accumulated deprecation [End of 2021] = $4,200
Explanation:
Given:
Purchase cost on [1 sep 2019] = $18,500
Salvage value = $500
Number of year = 10 year
Find:
Accumulated deprecation [End of 2021]
Computation:
Amount of depreciation per year = [Purchase cost - Salvage value] / Number of year
Amount of depreciation per year = [18,500 - 500]10
Amount of depreciation per year = $1,800
Accumulated deprecation [End of 2021] = Depreciation in 2019 + Depreciation in 2020 + Depreciation in 2021
Accumulated deprecation [End of 2021] = [1,800(4/12)] + 1,800 + 1,800
Accumulated deprecation [End of 2021] = 600 + 1,800 + 1,800
Accumulated deprecation [End of 2021] = $4,200
A sample of 51 observations will be taken from an infinite population. The population proportion equals 0.85. The probability that the sample proportion will be between 0.9115 and 0.946 is
a. 0.8633
b. 0.6900
c. 0.0819
d. 0.0345
Answer:
c. 0.0819
Explanation:
The mean = 0.85
standard error of the proportion is: sp = sqrt(pq/n)
= sqrt ((.85)(0.15) / 51) = 0.05
P(0.9115 < X < 0.946) = P( (0.9115 - 0.85) / 0.05 < z < (0.946 - 0.85) / 0.05 )
= P(1.23 < z < 1.92)
= P(z < 1.92) - P(z < 1.23) = 0.0819
Vivian has just been promoted to management after years of working at the company. She is very excited, but nervous to now be the boss of several of her colleagues. What would be good advice for her
Answer:
Trust her gut and stay calm under any circumstances
Regrading the management, the good advice for her would be take a learning orientation approach which engages in self-development.
What do you mean by the management?In order to achieve desired goals and objectives, a person or group of people must be challenged and managed, according to the concept of management.
In management, efficiency is the ability to complete tasks effectively and economically. In order to provide measurable results, tasks must be completed within predetermined deadlines.
All parties involved in the business, such as the government, consumers, and employees, should have their interests taken into account by management. For the organization, managers are in charge of setting and achieving goals.
Therefore, the regrading the management, the good advice for her would be take a learning orientation approach which engages in self-development.
To know more about the management, visit:
https://brainly.com/question/29023210
#SPJ6
The Economist Intelligence Unit rankings of the world’s top education systems,
which combine international test results and data such as graduation rates,
showed that two contrasting economies topped the league table: Finland
and South Korea. The report concluded that while the amount of spending on
education is important, it is less influential than an economy having a culture
that is supportive of learning. Education in Finland is 100 per cent state funded
and is rather unorthodox given that students don’t start schooling until 7
and rarely have tests or homework until their teenage years. In South Korea,
education is crucial for success, so there are huge pressures placed on students, who start school aged 3. Testing is regular and rigorous, making after-school private tuition classes extremely popular. According to the report, the top 10 countries were ranked as follows:
1. Finland
2. South Korea
3. Hong Kong
4. Japan
5. Singapore
6. UK
7. Netherlands
8. New Zealand
9. Switzerland
10. Canada
a. Explain how scarce resources are allocated in a mixed economy. [4]
b. Discuss whether education should be funded by the government. [8]
Carla Vista Co. bought a machine on January 1, 2017. The machine cost $180000 and had an expected salvage value of $27000. The life of the machine was estimated to be 6 years. The depreciation expense using the straight-line method of depreciation is
The depreciation expense of the machine bought by Carla Vista Co. using the straight-line method of depreciation is $25,550.
What is depreciation expense?Depreciation expense is the cost of a depreciated asset for a single period, and it shows how much of the asset's value was used up in that year. Depreciation expense is reported as a non-cash expense on the income statement, reducing the company's net income.
The depreciation expense using the straight-line method of depreciation is calculated as:-
Original cost - salvage value ÷ useful life
= ($180,000 - $27,000) ÷ (6 years)
= ($153,000) ÷ (6 years)
= $25,500
In this method, the depreciation is same for all the remaining useful life.
Therefore, $25,500 is the depreciation expense using the straight-line method of depreciation.
To learn more about depreciation expense, click here:
https://brainly.com/question/15085226
#SPJ5