Assume a business is hiring workers in a labor market that is extremely competitive. if labor's marginal revenue product exceeds the pay rate. It is true that the company needs to hire more employees.
What is the marginal revenue product of labor for the company, and how should it approach hiring?The company needs to hire more workers. Explanation: A business that seeks to maximize profits will hire workers up until the wage rate exceeds the marginal output of labor. The firm should increase hiring if the marginal product of labor exceeds the wage rate until the two quantities are equal.
In a market with perfect competition, the marginal revenue product is equal to the marginal product of labor times the cost of the good that the labor is used to produce. If any of those two factors changes, the curve will be shifted.
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One drawback of a longer distribution channel is that it increases selling costs when the retail sector is very fragmented.
True/False
The answer is True. There is usually a crucial link among channel length, the ultimate asking price, and also the firm's ratio as a result of every mediator in a very channel adds its own markup to the merchandise.
One good thing about a extended marketing is that it cuts mercantilism prices once the longer distribution of the retail sector is a smaller amount. It will create it easier to access exclusive channel. It cuts mercantilism prices once the retail sector is incredibly fragmented.
The three-step model is that the longest distribution and includes a manufacturer, distributer and distributor before a product reaches the buyer. If a manufacturer is victimization the three-step model, they initial sell a product to a distributer. Next, the distributer will sell the merchandise to a distributor.
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If the reserve requirement is 20 percent and a monetary expansion increases reserves in the banking system by $10 million, the total change in the money supply after all rounds of lending are completed is ________.
50 million
40 million
200 million
If the reserve ratio is 20% and a money creation increases banking system reserves through $10 million, the massive shift in the supply of money after all cycles of bank loans is $50 million.
What exactly do users mean by banking?
Banking is the biz of safeguarding other people's money. Banks can lend this money, earning interest and profit for both the customer and the bank. A bank is a type of financial institution that is permitted to admit deposits and lend money.
Which are the two primary kinds of banking?
Commercial banks, such as Bank of America, fall under the banking and finance umbrella, as do central banks, which are government entities that oversee the industry and handle monetary policy.
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a company recorded 2 days of accrued salaries of $1,450 for its employees on january 31. on february 9, it paid its employees $7,100 for these accrued salaries and for other salaries earned through february 9. the january 31 and february 9 journal entries are:
We have recorded the 2 days salary of Jan month as an accured expenses.
Salaries Expense/ Ac Dr. 1450
To Salaries Payable A/c. 1450
In the month of Feb, we paid salary upto 9 Feb and also the balance amount of Jan month.
Our Liability for the month of January is 1450, so salary payable a/c is debited by 1450/-
And the balance amount belongs to February month.
So the Entry is -
Salaries Expense A/c Dr. 5650
Salaries Payable A/c Dr. 1450
To Cash. 7100
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Full Question: A company recorded 2 days of accrued salaries of $1,450 for its employees on January 31. On February 9, it paid its employees $7,100 for these accrued salaries and for other salaries earned through February 9. Assuming the company does not prepare reversing entries, the January 31 and February 9 journal entries are: Multiple Choice C) 1/ 1.450 salaries Expense Salaries Payable 1.450 12/9 salaries Expense Salarios Payable Cash 5,650 1,450 7,100 1,450 1/31 Salaries Expense Salaries Payable 1.450 2/9 Salaries Payable Salaries Expense 5,650 1,450 7,100 < Prev 8 of 19 !!!
The appearance of the container of a product, as well as the labeling, shape, materials and design are found within the . product preservation full showing spectacular product packaging immersive advertising
Product packaging is an important factor in product preservation, as well as a way to create a memorable and immersive advertising experience.
What is product?Product is an item or service that is created, manufactured or provided by a company to its customers or clients. It is the result of a process that transforms inputs such as raw materials, labor, energy, ideas and capital into something that has value and can be sold. Products can be tangible, such as a car or a computer, or they can be intangible, such as insurance or a service. Companies use a variety of strategies to market their products to potential customers. These strategies include advertising, sales promotion, public relations and more.
The container of a product includes the shape, materials, design and labeling of the product, which can all be used to distinguish a product from its competitors. The container should be designed to protect the product from damage and spoilage, while also engaging the consumer with its visual appeal. The labeling should clearly explain what the product is, how it should be used and any other relevant information. The shape, materials and design should be chosen to reflect the product's branding and identity, and to stand out from other products on the shelves. By combining all of these elements, product packaging can create an immersive advertising experience that will help the product stand out from the competition.
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suppose that anna is a profit-maximizing monopolist who creates a new technology that reduces her marginal and average total costs by $40. if, as a result of this cost reduction, anna changes her price in a profit-maximizing way, then anna's total economic profit will: fall. remain unchanged. rise. it is not possible to make a determination from the information given.
A monopolist needs to maximize profit, and income = complete revenue - complete costs. So, d(TR)/dQ−d(TC)/dQ=0 is the identical as d(TR)/dQ=d(TC)/dQ , which is the equal as MR = MC.
How can a monopolist become aware of the profit-maximizing level of output if it is aware of its whole revenue and whole cost curves?A monopolist can determine its profit-maximizing price and volume with the aid of analyzing the marginal income and marginal costs of producing an greater unit. If the marginal income exceeds the marginal cost, then the firm need to produce the more unit.
The marginal income is the additional revenue added by using increasing the quantity. This is also regarded as the extra income “at the margin.” Therefore, earnings is maximized when marginal price equals marginal income which is the identical as saying when marginal profit equals zero.
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answer: sum of consumer and producer surplus will decrease.
please explain why that's the answer and explain why
A good with a vertical supply curve and a declining demand curve has an equilibrium price of $20. the setting of a legally-binding minimum price. Consumer surplus and producer surplus combined decrease.
If the supply curve is vertical, all prices receive the same quantity of supply from the supplier. The shipping quantity won't alter despite the price modification. As a result, supply is entirely inelastic and has no price elasticity.
If the supply curve is vertical, the supply will always be the same regardless of the market price. Old manuscripts, rare stamps, and antique coins are examples of goods that cannot be increased or decreased. The supply curve for these goods is vertical. For instance, the area of land in the world can be considered fixed.
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Suppose the roommates decide to vote on whether to buy the satellite TV service under majority rule. In addition, they agree that if they get the service, the cost will be split equally among all the roommates, whether or not they voted in favor of the service.
A majority of roommates will vote to buy the service as long as it doesn't cost more than ____ per month
A majority of roommates will vote to buy the service as long as it doesn't cost more than $200 ($40 per roommate) per month.
What is meant by Service?Services are the non-physical, intangible parts of our economy, as opposed to goods, which we can touch or handle Services, such as banking, education, medical treatment, and transportation make up the majority of the economies of the rich nations. They also represent most of the emerging nations’ economies.During the twentieth century, manufacturing and agriculture shrank as a share of economic activity.Today, over two-thirds of GDP and four-fifths of employment in the **OECD countries are in the services sector. GDP stands for Gross Domestic Product, and OECD stands for Organization for Economic Co-operation and Development.To learn more about GDP refer to:
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in your leadership role, you have been charged with the duty to analyze the forces for and against change. which of the following involves performing this analysis?
The Correct answer is C. Force field analysis involves analyzing the forces for and against change.
Pressure field analysis is a primary tool for root reason analysis that allows you to take action once the root cause has been identified. The technique is based totally on the assumption that any situation is the result of forces for and towards the modern-day kingdom being in equilibrium. force discipline analysis has been acknowledged as a powerful device that can be utilized in qualitative research for enabling the systematic analysis of a huge range of factors.
Advantages of the Pressure subject evaluation encompass: It provides a clear evaluation for a choice to be made. It identifies the poor forces that must be eliminated to make certain a successful implementation of the change. it is an honest evaluation and permits all of us to list their Pros and cons.
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Complete Question:
Which of the following involves analyzing the forces for and against change?
A. resistance to change
B. organizational development
C. force field analysis
D. workout technique
Mira and Lemma are equal owners of a business entity. Each contributed $96,000 cash to the business. Then the entity acquired a $384,000. loan from a bank. This year operating profits totaled $115,200. Determine Lemma’s basis in her interest at the end of the tax year assuming that the entity is a partnership, a C corporation, or a S corporation.
a. If the entity is a partnership, Mira and Lemma each have a basis of $_____
at the end of the year.
b. If the entity is a C corporation, Mira and Lemma each have a basis of $_____
at the end of the year.
c. If the entity is an S corporation, Mira and Lemma each have a basis of $_____
at the end of the year.
A general partnership, also known as a partnership business entity, is a company having two or more owners who operate their company in accordance with the rules of an oral or written partnership agreement.
Find the solution ?
The simplest form of joint ownership for two or more people is a partnership.Limited partnerships (LP) and limited liability partnerships are the two most prevalent types of partnerships (LLP).
Mira and Lemma each have a basis of $90,000 at the end of the year if the company is a partnership.If the company is a C corporation, Mira and Lemma will each conclude the year with a base of $25,000.If the company is a S corporation, Mira and Lemma will each conclude the year with a basis of $40,000.T/FThe individual rates are lower than the corporation rates at some income levels.
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cerebrospinal fluid enters the blood circulation at the cerebrospinal fluid enters the blood circulation at the dural drain. superior sagittal sinus. jugular veins. frontal sinus. tentorium cerebelli.
Cerebrospinal fluid enters the blood circulation at superior sagittal sinus.
What is cerebrospinal fluid and its functions?
Cerebrospinal fluid is made from the tissue that lines the ventricles (cavities) of the brain. Flows in and around the brain and spinal cord to protect against damage and provide nourishment.
What is cerebrospinal fluid?Cerebrospinal fluid (CSF) is a clear, colorless, watery fluid that flows in and around the brain and spinal cord. The brain and spinal cord make up the central nervous system. It controls and coordinates everything you do: move, breathe, see, think.
How to increase the flow of CSF?CSF flow, or brain cleansing, is also associated with the practice of deep breathing: studies have shown a specific increase in her CSF flow during inspiration (inhalation), and an even greater increase during forced inspiration. This study supports the predicted effects of pranayama, or yoga breathing techniques.
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which of the following transfers is a complete gift? multiple choice payment of child support by a former spouse transfer of property to a revocable trust transfer of cash to a bank account held in joint tenancy with the right of survivorship income paid to the beneficiary of a revocable trust none of the choices is a complete gift.
The following transfers is a complete gift - Income paid to the beneficiary of a revocable trust.
Hence, Option C is correct
A transfer that is final, acknowledged by the Foundation, and intended only for philanthropic uses is referred to as a completed gift. Such a gift may be unconditional, made in trust, or made in another manner, and it may or may not be accompanied by stipulations.The gifted asset now belongs to the trust, a separate tax entity, rather than the client after a completed gift. The future investment return on the gifted asset no longer belongs to the settlor once the trust has ownership of it; instead, it belongs to the trust.If the grantor releases the powers, then the gift will generally be complete at that time, because the property is no longer subject to the donor's control. For example, a distribution of property from a revocable trust is a completed gift because the grantor no longer has the ability to revoke the distribution.To know more about Gift here
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Match the functions of a machine to the features of a capitalist economy. Purpose A. Produce material wealth Fuel B. Money
Accelerator (Decelerator) C. Level of total spending Lubricant D. Price Mechanism Central processing unit E. Self interest
The functions of a machine to the features of a capitalist economy:
A. Produce material wealth – Central processing unit
B. Money – Lubricant
C. Level of total spending – Accelerator (Decelerator)
D. Price – Mechanism
E. Self interest – Fuel
A capitalist economy is an economic system wherein the means of production and distribution are owned by private individuals or companies, and not by the state. This system is based on the premise that the free-market forces of supply and demand should be allowed to determine the prices of goods, services, and labor. It also encourages competition, and rewards innovation and hard work. In a capitalist system, individuals and companies are free to produce, exchange, and invest as they please. This system is driven by the pursuit of profit, which incentivizes investment, production, and consumption. This type of economy has been adopted by many countries around the world, and is considered the most successful economic system in human history.
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the financial statements of friendly fashions include the following selected data (in millions): ($ in millions except share data) 2021 2020 sales $ 8,343 $ 9,434 net income $ 170 $ 648 stockholders' equity $ 1,780 $ 2,220 average shares outstanding (in millions) 710 - dividends per share $ 0.28 - stock price $ 8.00 - required: calculate the following ratios for friendly fashions in 2021. (enter your dividend yield and price-earning ratio values to 2 decimal places. enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).)
The return on the market value of equity is calculated as follows: $8/710 divided by the average number of shares outstanding (100).
2018 ratio calculations:
1) Net income divided by equity multiplied by 100 is return on equity.
$170/$1,780 multiplied by 100 equals 9% return on equity.
What is equity?The return on the market value of equity is calculated as follows: $8/710 divided by the average number of shares outstanding (100).
Earnings per share equals net income divided by the typical number of shares outstanding, which is $170/710, or $0.24.
Return on Equity: The return on equity measures an organization's financial performance and assesses how well management uses its resources to generate profits.
Return on equity market value: This gauges the profit yield on the market capitalization of stocks. The intrinsic value of a stock is calculated by dividing the share price by the total number of outstanding shares. The market capitalisation is another name for it.
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Insider Trading Barry Switzer was a football coach at the University of Oklahoma. Switzer attended an invitational secondary school track meet that his son was participating in. Sometime in the afternoon, Switzerlaid down on a row of bleachers to sunbathe while waiting for his son's next event, Nearby, George Platt, a member of the board of directors of Phoenix Resources Company (Phoenix), told his spouse that he wanted to dispose of or liquidate Phoenix, that several companies were bidding on Phoenix, and that an announcement of a "possible" liquidation of Phoenix might occur the following week. Platt told this to his spouse in the context of his anticipated business schedule the following week in order to make necessary child care arrangements, Unbeknownst to Platt, Switzer overheard the conversation about Phoenix. After the track meet, Switzer purchased Phoenix stock based on the overheard information. The Securities and Exchange Commission (SEC) learned of the trades and filed an action against Switzer claiming that he committed insider trading. 1. The Securities Exchange Act of 1934 created the select as an Select ✓ agency 2. The Securities Exchange Act of Select provides for the regulation and registration of securities exchanges, brokers, dealers, and national securities associations, 3. The Securities Exchange Act applies to companies that have assets greater than Select ✓, and more than Select shareholders, 4. One of the more important sections of the Securities Exchange Act of 1934 is section Select 5. The purpose of this section is to prevent Select in relation to the buying and selling of securities. 6. An important rule that the SEC has promulgated is SEC Rule Select 7. Among other purposes, the purpose of SEC Rule 105-5 is to prevent Select 8. The traditional insider-trading case involves all of the following except Select buying selling securities based on information not available to the public 9. Platt is the CEO of Select 10. Corporate officers and directors would be expected to have advance Select information that can affect the future market value of the corporate stock 11. Platt would be treated as an Select v in regard to Phoenix and possessed a Select v duty to the company. 12. An individual who receives tips from an insider is known as a Select V 2) The disclosure is made Select V personal benefit, and 3) The tippee 13. A tippee is liable for insider trading if the following requirements are met: 1) There is a Select Select of this breach and benefits from it. 14. Platt would be considered the select and Switzer would be considered the select 15. When Platt told his wife about Phoenix in the context of arranging child care, Platt Select v breach his fiduciary duty to the company not to disclose inside information. 16. Did Platt's inadvertent disclosure to Switzer occur in exchange for personal benefit? Select V 17. Did Switzer, the tippee, know or should have known there had been a breach by the insider when Switzer overheard the conversation? Select V 18. Given the facts above, Switzer is likely Select ✓ of insider trading.
The Securities and Exchange Commission (SEC) learned of the trades and filed an action against Switzer claiming that he committed insider trading.
What is considered insider trading?Insider trading is the act of employees who possess material, non-public knowledge about a firm trading in the stock or other securities of that company. Insider trading may be legal or unlawful, depending on the circumstances surrounding the trade and the laws of the nation the insider is in. Insider trading is the act of individuals trading securities of a company when they have access to sensitive or significant non-public information about that company.
Utilizing this unique access is viewed as a fiduciary duty violation. Insider trading refers to the trading of stock or other securities of a publicly traded firm on the basis of significant, nonpublic knowledge about the company. Some forms of trading using insider information are prohibited in a number of nations.
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A company with $800,000 in operating assets is considering the purchase of a machine that costs $75,000 and is expected to reduce operating costs by $20,000 each year. The payback period for this machine in years is closest to:
A. 0.27 years
B. 10.7 years
C. 3.75 years
D. 40 years
When running costs are projected to be reduced by $20,000 annually, the payback period for this machine is most closely 3.75 years.
In a business, what does income mean?The phrase "revenue" refers to all of a company's earnings from its main operations, including the sale of goods or services, the rental of real estate, periodical payments, interest on loans, etc.
A profit or a loss results from sales.Any operating expenses or costs are not included in sales, often known as "revenue." Profit is the remaining amount of income after all costs, responsibilities, sources of further income, and operating expenses have been considered.
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one advantage of a corporation c, legal business formation is the unlimited life of the company or firm. T/F
One advantage of a corporation , legal business formation is the unlimited life of the company or firm. True.
What is a corporation?A corporation is a business recognized by the state as a legal entity separate from its owners (also known as shareholders). A corporation can be owned by individuals and/or other entities, and ownership is easily transferable via the buying and selling of stock
What are the advantages of forming a corporation?Being a corporation has a number of benefits, such as less personal responsibility, simple ownership transfers, company continuity, greater access to capital, and (depending on the corporate form) sporadic tax benefits. The particular way your firm is set up will determine the legal form of your organization and the advantages you stand to gain from it.
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A major department store chain is interested in estimating the average amount its credit card customers spent on their first visit to the chain's new store in the mall. Fifteen credit card accounts were randomly sampled from the normally distributed population and analyzed with the following results:A major department store chain is interested in es= $50.50. The population variance is 400. A 95% confidence interval for the average amount the credit card customers spent on their first visit to the chain's new store in the mall is:
A major department store chain is interested in estimating the average amount its credit card customers spent on their first visit to the chain's new store.
What is a credit card in its simplest form?A credit card is a financial tool provided by a bank in the form of a loan, with a credit line that can be accessed through the card (and the card's account). Your credit card's loan has a cap on it that you can utilize for small and major purchases. This cap is known as your credit limit.
Why do credit cards and debit cards differ?When you use a debit card to make a purchase, the money is nearly instantly deducted from your checking account to cover the cost of your purchase. When you use a credit card, the money is charged to your line of credit, which means you'll pay the payment later. This offers you more time to pay the bill.
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Which of the following are accurate regarding Step 4 (Execute the Strategy) in the strategic management
process?
One of the following statements about Step 4 (Execute the Strategy) in the strategic management process is true: top managers must look out for potential obstacles and determine if it will be possible to carry out the plans.
What is strategic management process?Strategic management process is a process of developing action plans, carrying out action plans, and recognizing and analyzing internal and external strengths and weaknesses. When desired results are not being generated, action plans are changed and the effectiveness of their implementation is assessed.
Setting goals or objectives, conducting analysis, developing a plan, putting that strategy into action, and monitoring that approach are the five stages of the process. The strategic management process entails more than just adhering to a set of guidelines. It is a way of doing business that is philosophical.
Therefore at stage 4 where plans and strategy are going to be executed top managers must look out for potential obstacles.
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Assume that the market for tomatoes is in equilibrium at a price of $35 per bushel. If the demand for tomatoes decreases, which of the following will occur?
If the demand for tomatoes decreases then a surplus of $35, resulting in a price and quantity reduction will occur.
If the demand for tomatoes decreases, the equilibrium price will fall and the equilibrium quantity will decrease. This is because with a decrease in demand, the quantity demanded will be lower than before, and there will be an excess supply of tomatoes in the market.
This will cause the sellers to lower their prices in order to sell off their excess supply. The decrease in price will cause buyers to increase the quantity demanded, resulting in the new equilibrium price and quantity. As the demand decreases, the equilibrium price will fall and the equilibrium quantity will decrease as a result.
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Roberto really enjoys mingling at work functions, both to network for new contacts and simply to share stories with other interesting people. Roberto probably scores high in O extroversion. O openness to experience. conscientiousness. emotional stability, O agreeableness,
Roberto enjoys mingling at business gatherings, both to meet new people and simply to exchange stories with other interesting people. Roberto probably scores highly on extroversion.
The tendency to emphasize satisfaction obtained from sources other than oneself is known as extraversion. Extroverts are characterized by warmth, optimism, gregariousness, and a desire for adventure.
You have a lot of friends. Extroverts are prone to making new friends. This is partially a result of their preference for social interaction and other people's energy. A substantial social network and a sizable number of acquaintances are typically present.
One of the five fundamental traits that the big 5 theory of personality believes to be crucial to human personality is extraversion, commonly known as extraversion. Extroversion are characterized by sociability, talkativeness, aggressiveness, and excitability. Social anxiety does not exist in those with low extroversion.
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A public good such as national defense ___________ increase with the birth of a new baby.
a) does not
b) does
c) does greatly
d) does somewhat
A public good such as national defense does not increase with the birth of a new baby.
What constitutes a public good, exactly?Non-excludability and non-rivalrousness are the two main attributes of a public good. For market manufacturers, selling the commodity to individual consumers is challenging due to these qualities. In order to prevent another user from using a good, it must be expensive or impossible. This is referred to as non-excludability.
What does the government define as a public good?In practically every country, the government is a major player in delivering services like infrastructure, education, security, fire and environmental protection, national defense, and other related things. "Public goods" is a common term for these products.
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Refer to Exhibit 4-4. Which of the following is false?
Group of answer choices
Graph (2): As supply increases, equilibrium quantity remains constant.
Graph (3): As demand increases, equilibrium price remains constant.
Graph (4): As supply changes, equilibrium price stays the same.
Graph (1): There is a shortage when price is P3.
$1,000.
$10,000.
$4,000.
$1,500.
The equilibrium price stays steady as demand rises. This statement is false. The right response in this case is option C.
Although it is not a given, it is conceivable for the equilibrium price to be steady even when demand rises. The price at which the amount of an item desired by customers and the quantity of a good provided by producers are equal is known as the equilibrium price.
The equilibrium price will generally rise if the demand for the commodities rises but the supply stays the same. This is because customers are ready to pay more for the item as a result of the rise in demand, and producers will be able to sell more of the commodity at a higher price.
The equilibrium price, however, can stay the same or even go down if the good's supply grows at the same time as the demand does. This is due to the fact that the greater supply enables companies to satisfy the rising demand without having to raise the price.
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at regal company, employees and teams had higher performance, greater job satisfaction, and increased organizational commitment when their managers showed behaviors.
At regal company, employees and teams had higher performance, greater job satisfaction, and increased organizational commitment when their managers showed theory y behaviors.
Positive presumptions about the typical worker underlie Theory Y. Theory Y managers believe that workers are self-driven, like their work, and strive to improve themselves without receiving a specific benefit in return.
Theory Y emphasizes the importance of job satisfaction as a motivator and promotes independent task-accomplishment.
Theory Y managers prefer to have a more intimate relationship with their employees rather than one that is more conductive and instructional in nature.
As a result, Theory Y supporters might get along better with their boss, which would improve the work environment.
Theory Y gives the workers a pseudo-democratic environment. This enables the worker to quickly create, build, and publish their product.
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based on her technical process, mehretu compares the layered characters in her paintings to \ \ \ \ \ \ \ , \ , \ , \ , \ , \ . choose 1 answer: choose 1 answer
For Mehretu, the built environment offers a space where people can assemble, protest, pray, and riot in large numbers.
The process of creating systems that address user needs and achieve the goals of stakeholders is known as software development. Requirements elicitation, a time-consuming, intricate, and multidisciplinary procedure, is used to identify these demands. Because traditional techniques of elicitation largely concentrate on the technical elements and restrictions of the systems rather than taking a socio-technical perspective, these methods frequently fail to identify requirements that are crucial for effective and widespread user adoption. The identification of the social, organizational, and technical elements of the systems is essential to the success of information system development and can lead to a system that users will find more acceptable. In this article, we suggest a method for eliciting requirements that is based on socio-technical (ST) systems theory. The procedure makes use of ST system components to assist in identifying.
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According to Mehretu, the constructed environment provides a venue for big crowds to congregate, protest, pray, and riot.
Software development is the process of designing systems that meet the demands of users while also achieving the aims of stakeholders. To determine these requests, requirements elicitation, a time-consuming, sophisticated, and interdisciplinary method, is performed. Traditional elicitation procedures usually fail to discover needs that are critical for effective and widespread user adoption because they focus on the technical features and constraints of the systems rather than taking a socio-technical viewpoint. The identification of the systems' social, organizational, and technological features is critical to the success of information system development and can lead to a more acceptable system for users.
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travor reprted a $63000 coronavirus related distributio on his 2020form 8915-E and spread their income over 3 years 2020 trough 2022 and he made repayments$21000 in 2020 and in 2021 but only made repayment of $6000 in 2022 how much of the distribution if any would he required to reconize asincome 2022.
Distributions and repayments connected to the coronavirus will be reported on IRS Form 8915-E, Qualified Disaster Retirement Plan Distributions and Repayments.
What is for 8915-E ?A CRD is a distribution made from an IRA or employer plan (like a 401(k)) by a qualifying person between January 1, 2020, and December 31, 2020.
Your tax preparer must submit Form 8915-E together with your tax return if you receive a CRD in order to record the CRD and any repayment of the CRD. The IRS Form 1099-R for the CRD will be issued by your IRA custodian or plan trustee. Your IRA will be informed of any CRD repayments via IRS Form 5498.
When receiving a CRD, an eligible individual has three years to ratably incorporate the taxable portion of the distribution in their income.count the entire sum as income in 2020, or a period beginning in 2020.
A taxable year must handle all CRDs that are received uniformly. Either every distribution is counted as income proportionately over three years, or it is counted as income the year it is made.
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The accompanying payoff matrix presents the profits for Firm A and Firm B under two pricing strategiesSuppose both firms have agreed to employ strategies that maximize their combined profits. How will the firms act?
Firm A and B will both set high price. If both firms secretly cheat both firms will make a profit of $79.
What are profits?Profit is defined in economics as the difference between an economic entity's total cost of inputs and the money it has generated from its outputs. Total income less total expenses, including both direct and indirect expenses, equals total cost. In contrast to accounting profit, which solely refers to costs that are explicitly stated on a company's financial accounts, it also includes implicit costs. The accounting profit of a corporation is determined by deducting simply its explicit costs from its total revenue. An economist takes into account both apparent and implicit expenses when assessing a firm. Therefore, economic profit is lower than financial profit.
To solve the question :
If both the firms aim at maximizing their combined profits, they will both charge high price as it will yield a combined profit of $174 (= $87 + $87). If one firm charge low price, and the other firm charges a high price, combined profit will be $166 (= $113 + $53) and if both the firms charge low price, combined profit will be $158 (= $79 + $79)
Therefore, firm A will set a high price and firm B will set a high price
If firm A secretly cheats and charge a low price, it will earn a profit of $113, while firm B will earn a profit of $53.
Therefore, the additional profit made by firm A when cheating is $26
(= $113 - $87).
If both the firms secretly cheats, both will earn a profit of $79.
Therefore, the fall in the profits of firm A when both are cheating instead of both respecting the collusive agreement is $8 (= $87 - $79).
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The complete question is attached below :
which of the following has the most direct effect on aggregate demand? changes in foreign exchange rates changes in taxes
Change in authorities spending.
Expansionary fiscal coverage is an expand in authorities spending or a limit in taxation, while contractionary fiscal coverage is a reduce in government spending or an expand in taxes. Expansionary fiscal policy can be used by governments to stimulate the financial system for the duration of a recession.
What is an example of authorities spending?Federal authorities spending will pay for the whole thing from Social Security and Medicare to navy equipment, motorway maintenance, building construction, research, and education. This spending can be broken down into two predominant categories: obligatory and discretionary.
What causes an enlarge in government spending?In response to the financial slowdown and its impact on the economy, the authorities plays a key function by way of growing its spending in order to boost monetary growth.
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https://brainly.com/question/29794698#SPJ4On January 1, 2024, Canseco Plumbing Fixtures purchased equipment for
$52,000
. Residual value at the end of an estimated 7 year service life is expected to be
$24,000
. The company expects the equipment to operate for 15,500 hours. Required: a. Calculate depreciation expense for 2024 and 2025 using sum-of-the-years'-digits, assuming the equipment was purchased on January 1,2024 b. Calculate depreciation expense for 2024 and 2025 using sum-of-the-years'-digits, assuming the equipment was purchased on March 31, 2024 Complete this question by entering your answers in the tabs below. Calculate depreciation expense for 2024 and 2025 using sum-of-the-years'-digits, assuming the equipment was purchased on January 1, 2024. On January 1, 2024, Canseco Plumbing Fixtures purchased equipment for
$52,000
. Residual value at the end of an estimated 7 year service life is expected to be
$24,000
. The company expects the equipment to operate for 15,500 hours. Required: a. Calculate depreciation expense for 2024 and 2025 using sum-of-the-years'-digits, assuming the equipment was purchased on January 1, 2024. b. Calculate depreciation expense for 2024 and 2025 using sum-of-the-years'-digits, assuming the equipment was purchased on March 31, 2024 Complete this question by entering your answers in the tabs below. Calculate depreciation expense for 2024 and 2025 using sum-of-the-years'-digits, assuming the equipment was purchased on March 31, 2024.
$6000 and $7000 is the book value for the On January 1, 2024, Canseco Plumbing Fixtures purchased equipment for.
What is the equipment?A tangible object that is operationally complete for its original use, durable, nonexpendable, and required for the fulfillment of a contract is referred to as equipment.
Unlike tools, the term "equipment" has a more wide definition. It describes a group of equipment required to carry out a particular task. The plural of tool is frequently used as the phrase equipment. In this instance, a group of tools will be referred to as equipment.
27000*7/28 = 6000
28000* 6/28 = 7000
An asset's sale price is determined by subtracting its initial cost from its depreciation and amortization, which is calculated by multiplying the asset's age measured in years by its mean annual amortization.
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accounts payable are:A. always payable within 30 days. B. amounts received in advance from customers for future services. C. amounts owed to suppliers for products or services purchased on credit. D. also referred to as unearned revenues. E. estimated liabilities.
Accounts payable are C. amounts owed to suppliers for products or services purchased on credit.
Accounts payable (AP) is the word used to describe the short-term obligation and responsibility that a business has to its suppliers and vendors who have extended credit to it for goods or services.
The department that handles vendor bills or invoices and records current liabilities in the general ledger is known as accounts payable (GL). The AP department would verify that the goods or services were truly received by comparing invoices to (purchase) orders before making payments to vendors.
Contrary to accounts payable (AP), which is the amount of money a company owes its vendors, accounts receivable (AR) is the amount of money due to a company by its customers. Current short-term assets and liabilities, respectively, are AP and AR.
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the FTC's modified consumer standard
Federal consumer protection laws are enforced by the FTC to stop fraud, deceit, and unfair commercial practices. Additionally, the Commission upholds federal antitrust rules, which forbid anticompetitive acquisitions and other commercial activities that can result in higher costs, fewer options, or less innovation.
What is a consumer?An economy includes all activities linked to the production, consumption, and trade of products and services in a given entity, whether it be a nation or a small town. No two economies are the same. Each is unique in terms of resources, culture, laws, history, and geography.
Section 5(a) of the FTC Act, the fundamental law the agency upholds, gives it the authority to look into and stop unfair business practices, unfair or deceptive acts or activities, and unfair methods of competition. As a result, the Agency's two main objectives are established: protecting consumers and the competition.
Therefore, The FTC enforces federal consumer protection laws to prevent fraud.
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