consumption from goods. and xc is produced by yc th 0.5 tw 0.5, where yc is the goods used in child’s home production. assume that prices of both the goods yp and yc is normalised to 1. please write down the household’s budget constraint.
Answers
The household's budget constraint is given by xc + yc = I, where xc represents consumption goods, yc represents goods used in child's home production, and I is the household's income.
The household's budget constraint can be written as:
xp * xc + yp * yc = I
where:- xp is the price of the consumption good (which is normalized to 1),
- xc is the quantity of the consumption good,
- yp is the price of the goods used in child's home production (also normalized to 1),
- yc is the quantity of the goods used in child's home production, and
- I represents the household's income.
Since both prices are normalized to 1, the budget constraint simplifies to:
xc + yc = I
This equation represents the total expenditure on the consumption good (xc) and the goods used in child's home production (yc), which should not exceed the household's income (I). The household needs to allocate its income between the two goods to satisfy this constraint.
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Related Questions
2. Christmas is six months away. Retailers must decide whether or not to
hire extra employees to work during the holiday season. Sales for the
retail industry are expected to mirror last year's figures (which were quite
good), but, due to poor sales at the beginning of the year, the number of
salespeople at Kat's Gift Store must be reduced by 20 percent.
what Type of Change?
Internal or External?
Increase or Decrease in Sales?
Answers
The type of change in this scenario is an internal change and The change in sales is a decrease.
The decision to reduce the number of salespeople at Kat's Gift Store is a decision made by the company itself, rather than an external factor such as changes in the market or economy. This decision was likely made due to poor sales at the beginning of the year, which may have resulted in a need to cut costs in order to maintain profitability.
The change in sales is a decrease, as the number of salespeople at Kat's Gift Store is being reduced by 20 percent. However, it is important to note that overall sales for the retail industry are expected to remain steady, meaning that this decrease in sales at Kat's Gift Store is likely specific to the company and its internal operations.
With Christmas being six months away, retailers must start planning for the holiday season now. While sales for the industry as a whole are expected to remain steady, individual companies may need to make internal changes in order to prepare for the busy holiday season.
This could include hiring extra employees or reducing staff, as in the case of Kat's Gift Store. Ultimately, these decisions will depend on each company's individual circumstances and sales performance.
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A person who buys a used car with the money earned from working a part- time job is influenced by what factor? A. Income B. Social pressure C. Age D. Advertising
Answers
Answer:
A income
Explanation:
hope it's helpful to you
A person who has a used car with the money earned from working a part-time job is influenced by income factors. Thus, option A is correct.
What is buy?
The term buy can mean that there is some sort of transaction that has happened between two or more parties. after buying a product or a thing, the buyer obtains custody, possession, or authority to utilize something in exchange for money in particular
As the person has worked hard and done some kind of part-time job that he has been doing it on the temporary basis and that person was doing various things too.
As the money is earned by himself, he brought the car from the money that he has earned by himself and this is money can be termed as the income earned by doing a job. Therefore, option A is the correct option.
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Please help I’ll reward u after I promise
make me a slide it has be base on my first apartment & I choose parkline palm beaches , answer these questions
1.city
2.state
3.zip
4.why u choose that location
5.pictures of the exterior apartment
6. Name of CommunityApartment Features
# of Bedrooms
# of Bathrooms
Square Feet
Lease Period
Amenities of Complex
Pool
Gym
Dog Park
7. Pictures of InteriorWhats included
Cable
Utilities
Water
Washer/Drver
Dishwasher
Wifi
Basic Cable
8. FinancialAmount of Security Deposit
Amount of Rent
Move In Specials
Amount for Move In
Pls answer all the questions
Answers
You can make a slide about your first apartment using the information provided below, considering costs and location, and what is included.
City: Palm Beach GardensState: FloridaZip: 33410Parkline Palm Beaches is located in a vibrant and growing community with easy access to nearby restaurants, shopping, entertainment, and outdoor activities. It is also conveniently located near major highways, making it easy to commute to work or other destinations.Name of Community: Parkline Palm BeachesApartment Features:
1, 2, and 3 bedrooms available1-2 bathrooms729 - 1,263 square feetFlexible lease periods availableAmenities of Complex:
Resort-style pool24-hour fitness centerBark parkWhat's included:
Basic cableHigh-speed internetWasher/dryer in-unitDishwasherWater and utilities includedFinancial:
Security deposit: $500 - $800Rent: $1,684 - $2,888 per monthMove-in specials vary, please contact the leasing office for detailsTotal move-in costs depend on the security deposit and first month's rent.How to make a slideTo make a slide, or a few of them, you must choose photos of the apartment complex that you have chosen. If possible, find photos of the inside of the apartment as well.
The written information you include in each slide must be consistent with the photo you are using. Thus, talk about the apartment features with photos that show the apartment on the inside, such as its kitchen and bedrooms.
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In blocking federal action to break up the monopoly on the manufacture of sugar during the 1890s, the Supreme Court decided that ______.
Answers
There are different actions that are taken in business. In blocking federal action to break up the monopoly on the manufacture of sugar during the 1890s, the Supreme Court decided that;
The power to monitor or regulate interstate commerce did not include the manufacture of goods.What type of power is the power is known to regulate interstate commerce?The Congress is known to have the power stated above. The Commerce Clause of the United States Constitution states that the Congress have the power to monitor interstate and foreign commerce.
The meaning of this text is that limited power to monitor commercial trade that takes place persons in one state and persons outside of that state lies in the hands of the congress.
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if you are long a eurodollar futures with notional amount of one million dollars. and it moves from an imm of 96.50 to an imm of 96.77, how much is your gain or loss to the nearest dollar, entering a loss as a negative number.
Answers
The gain on the contract would be $27,000, which is the nearest dollar. This gain would be entered as a positive number.
How do you determine the gain on the contract?If you are long a Eurodollar futures contract with a notional amount of one million dollars and the imm moves from 96.50 to 96.77, your gain or loss would be calculated as follows:
Gain or loss = (96.77 - 96.50) * 1,000,000
This works out to a gain of $27,000. However, it's important to note that the notional value of a futures contract is not the same as the profit or loss on the contract. The profit or loss is determined by the difference between the contract's exit price and its entry price, multiplied by the size of the contract and the change in value of the underlying currency.
In this case, the gain on the contract would be $27,000, which is the nearest dollar. This gain would be entered as a positive number.
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What is the best business organization for annabeth’s new company? a corporation, because she will need financing to get started a sole proprietorship, because the business is small and simple to operate a partnership, because she lacks the skills to make machine parts a cooperative, because local businesses will be her customers
Answers
The statement that best describes the business organization for Annabeth’s new company is to a corporation, because she will need financing to get started.
What is corporation?A corporation is an entity. It is usually defined as a collection of people or a company.
It has been permitted by the state to act as a single entity and is lawfully recognized as such for certain purposes.
Documents were utilised to found the first incorporated entities. The majority of governments now permit the formation of new corporations through the registration process.
The reason a Corporation would be preferable is that it would allow her to realize her long-term goals.
In the future, a corporation is more likely to expand, allowing Annabeth to realize her aspirations of selling to Europe and South America.
She does, in fact, have a better probability of doing so sooner rather than later.
Therefore, option a is correct.
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1. What competitive advantages do these motivated veteran accountants bring to their new employers? Cite several examples.2. List three specific outcomes received by organizational members who have moved to these smaller accounting firms from senior positions in larger organizations.
Answers
1. The motivated veteran accountants bring several competitive advantages to their new employers. Some of these advantages include Extensive experience,Strong work ethic, Leadership skills, Industry connection.
2. The organizational members who have moved to these smaller accounting firms from senior positions in larger organizations have received several specific outcomes, including Greater autonomy,Closer relationships with colleagues,diverse responsibilities.
1. Extensive experience: These accountants have worked in the field for many years and have accumulated a wealth of knowledge and expertise that they can apply to their new roles.
- Strong work ethic: As veterans, these accountants are likely to be highly motivated and dedicated to their work, which can translate into increased productivity and better results for their new employers.
- Leadership skills: Many of these accountants held senior positions in larger organizations, which means they have developed strong leadership skills that they can use to guide and mentor their new colleagues.
- Industry connections: These accountants have likely developed a wide network of contacts and connections within the accounting industry, which can be valuable to their new employers in terms of business development and networking opportunities.
2. The organizational members who have moved to these smaller accounting firms from senior positions in larger organizations have received several specific outcomes, including:
- Greater autonomy: In smaller firms, these individuals may have more freedom and flexibility to make decisions and implement their own ideas, which can be both professionally and personally rewarding.
- Closer relationships with colleagues: Smaller firms often have a more close-knit and collaborative work environment, which can lead to stronger relationships with colleagues and a greater sense of camaraderie.
- More diverse responsibilities: In smaller firms, these individuals may be required to take on a wider range of responsibilities, which can provide them with new challenges and opportunities for professional growth.
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Veronica was hosting a party for her pals but forgot to warn them that the far end of her deck had rotted and
was in drastic need of repair. Her friend Craig decided to admire the city skyline from the far end of her deck
and headed that way. The other guests heard a loud exclamation as Craig fell through the deck. Veronica is
liable to Craig under
fraud
O strict liability
battery
O negligence
Answers
Answer:
strict liability
Explanation:
just took the test
If I am convinced that my own neighborhood is safer than it used to be, but that the crime rate in my society is at an all-time high, I am falling victim to...
A) Probability neglect
B) Shifting the burden of proof fallacy
C) Presumptive pessimism
Answers
Answer:
A) Probability neglect
Explanation:
You probably have lived there so long that you neglect to see what the true crime is, and you honestly could care less if its at it all time high
Answer:
A) Probability neglect
Explanation:
its neglectful if you do this
How much debt do people
typically have? This Data
Crunch compares the debt
held by different
generations. Follow the
directions on the worksheet
to complete this activity.
Answers
Answer:
Explanation:
MATH: The Cost of Minimum Payments
In this activity, students will be able to:
Calculate the interest accrued when paying minimum payments.
Explore how different monthly payment amounts will impact the total interest paid and balance remaining after 5 months on a $5000 debt with 25% APR.
Reflect on the additional interest costs associated with only paying the minimum payment on a credit card balance.
Consider a simple economy that produces only pies. The following table contains information on the economy's money supply, velocity of money, price level, and output. For example, in 2019, the money supply was $360, the price of a pie was $9.00, and the economy produced 800 pies.
Answers
The velocity of money in 2019 based on the information will be 20 and the nominal GDP is $7200.
From the complete information, the velocity will be calculated thus:
= Price level × Quantity / Quantity of money
= (9 × 800) / 360.
= 20
The nominal GDP will be:
= Price level × Quantity
= 9 × $800
= $7200
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Government policy, whether National, Provincial or Local, has important implications. The South African Government will have to introduce legislation to provide policy guidelines on how they intend addressing developmental problems. Policies may result as government attempt to deal with identified problems. Normally, such problems are often indicated by/through certain sources (entities), often referred to as the ‘origins of policy’.
By using appropriate examples to illustrate your understanding, and critically discuss the role of the
-Political-executive; and
-Commissions/committees of enquiry. (Including the advantages and disadvantages) as origins of policy. And Reference the answers
Answers
The political-executive and commissions of inquiry play key roles in policy formation, providing leadership, expertise, independence, but facing limitations and challenges.
The political-executive and commissions/committees of inquiry play significant roles as origins of policy in government. Let's discuss each of them in detail:
1. Political-Executive:
The political-executive refers to the branch of government responsible for making and implementing policies. In South Africa, the political-executive consists of the President, Cabinet Ministers, and other high-ranking government officials. They are elected or appointed to their positions and have the authority to shape policies in response to developmental problems.
Role:
The political-executive formulates policies by identifying key issues and challenges facing the country. They consider input from various stakeholders, experts, and government departments to develop policy guidelines. For example, if South Africa is facing high unemployment rates, the political-executive may introduce legislation to promote job creation through targeted programs, tax incentives, or infrastructure development.
Advantages:
a) Leadership: The political-executive provides strong leadership in setting the policy agenda and direction for the government.
b) Decision-making power: They have the authority to make crucial decisions and implement policies promptly.
c) Accountability: Since the political-executive is elected or appointed, they are accountable to the public, and policy decisions can be evaluated through regular elections.
Disadvantages:
a) Lack of expertise: The political-executive may lack technical expertise in specific policy areas, leading to potential gaps in policy formulation.
b) Political bias: Policies may be influenced by political considerations, party ideologies, or special interest groups, rather than being solely driven by the best interests of the country.
c) Limited consultation: There might be limited consultation with stakeholders and the public during policy development, leading to a lack of diverse perspectives.
2. Commissions/Committees of Inquiry:
Commissions or committees of inquiry are independent bodies established by the government to investigate specific issues or problems and make recommendations for policy actions. These bodies are composed of experts, professionals, and individuals with relevant knowledge and experience.
Role:
Commissions/committees of inquiry are tasked with conducting comprehensive investigations into specific problems or issues. They gather evidence, hold public hearings, consult stakeholders, and analyze data to understand the causes and potential solutions. For example, a commission of inquiry may be established to investigate allegations of corruption within government institutions and propose measures to address the issue.
Advantages:
a) Independence: Commissions/committees of inquiry are independent of the government, ensuring that investigations are conducted without political interference.
b) Expertise: These bodies consist of experts with specialized knowledge, allowing for in-depth analysis and informed recommendations.
c) Public trust: The impartial nature of commissions/committees enhances public trust in the policy process, as their recommendations are seen as objective and evidence-based.
Disadvantages:
a) Time-consuming: Commissions/committees of inquiry can take a significant amount of time to complete their investigations, delaying policy implementation.
b) Cost: Establishing and operating commissions/committees can be expensive, requiring financial resources that could be allocated elsewhere.
c) Limited implementation power: While commissions/committees can make recommendations, their ability to enforce policy changes is limited, and government action may not always align with their findings.
In conclusion, the political-executive and commissions/committees of inquiry serve as important origins of policy in South Africa. The political-executive provides leadership, decision-making power, and accountability, but may face challenges related to expertise, political bias, and limited consultation. Commissions/committees of inquiry offer independent investigations, expertise, and public trust, but can be time-consuming, costly, and have limited implementation power.
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Customers A, B, C and D have their portfolio assets allocated as follows:
A B C D
Money Markets 15% 5% 5% 0%
Treasury Bonds 40% 10% 20% 20%
Speculative Bonds 10% 30% 10% 30%
Blue Chip Equities 15% 15% 20% 10%
Small Cap. Equities 10% 10% 30% 5%
Emerging Markets 10% 20% 10% 30%
REITs 0% 10% 5% 5%"
Which asset allocation is MOST appropriate for a risk- tolerant young customer with a long investment time horizon?
a. Customer A
b. Customer B
c. Customer C
d. Customer D
Answers
Answer: c. Customer C
Explanation:
With a risk- tolerant young customer with a long investment time horizon it would be best to include more stocks in their portfolio as stock have the opportunity to increase in value over a long period of time especially small cap. equities.
The problem is that stock prices are more volatile meaning that they are riskier. This is fine however as the customer has risk tolerance and can take the risk.
merchandise inventory is reported as a(n) a.expense. b.current liability. c.current asset. -term asset.
Answers
Merchandise inventory is reported as a current asset on the balance sheet. Inventory represents the goods and materials a company holds in stock for sale to customers Therefore the correct option is C.
It is considered a current asset because it is generally expected to be converted into cash within one year or less. This asset is essential for businesses that rely on physical products to generate revenues. In addition, the value of merchandise inventory can fluctuate based on market demand and other economic factors.
Therefore, effective inventory management is crucial to ensure that a company maintains enough inventory to meet customer demand while minimizing the risk of holding excess inventory that may become obsolete or unsellable. In conclusion, merchandise inventory is a valuable current asset for businesses, and proper inventory management is a critical part of financial planning and management.
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Match each law with its correct description.
Answers
Answer:
Not too sure but I think it goes 1.Fair credit billing act 2.Credit CARD act 3.Uniform commercial code 4.Truth in lending act.
Match the law terms and definition:
Truth in Lending Act - requires lenders to establish standardized disclosures regarding terms and how they calculate fees.
Through the meaningful disclosure of loan conditions, which enables customers to evaluate standardized credit terms more easily and intelligently, the Truth in Lending Act (TILA) aims to safeguard consumer protection and promote competition among financial institutions.
Match the law terms and definition:
Truth in Lending Act - requires lenders to establish standardized disclosures regarding terms and how they calculate fees.Fair Credit Billing Act: allows consumers to exercise their rights regarding disputes and billing errors.Uniform Commercial Code: a set of laws that govern US commercial transactions.Credit CARD Act: prohibits unfair and abusive credit practices and ensures the transparency of fees.As a result, the significance of the law terms and definition are the aforementioned.
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What does this mean
“MY LONG-TERM CAREER GOAL TODAY IS TO BECOME A”
Answers
Explanation:
what this means is it is asking what kind of job or career you want to be. an example is :
i want my career to be a doctor.
so basically this is just a fancy word for job.
1 point
Which of the statements below is TRUE about filing your taxes? (Assume
that your only income comes from the salary you earn at Big Tech
Company.) *
You need to file your tax return by the end of the calendar year (typically December
31st)
If your employer takes out federal income taxes through payroll withholdings, you do
not need to file a tax return
You must file your tax return by April 15th of the following year or request an
extension by that date
You do not need to pay any income taxes until April 15th, so you should ask your
company to wait until after that date to withhold any money
Answers
Answer:
The true statements are;
You must file your tax return by April 15th of the following year or request an extension by that date
Explanation:
The due date at which tax returns are filed timely is on the 15th of April of the following year otherwise the Form 4868 should be filed on or before the 15th of April to obtain Automatic Extension of Time so as to be permitted to File U.S. Individual Income Tax Return while still having those filed tax return still being considered timely.
You must file your tax return by April 15th of the following year or request an extension by that date.
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures. A failure to pay in a timely manner, along with evasion of or resistance to taxation, is punishable by law.The statement that is true about filling the taxes is "You must file your tax return by April \(15th\) of the following year or request an extension by that date.''For more information:
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I have some questions, here they are:
1. Should I tell my parents I'm adopted?
2. Does it take 18 months for twins to be born? Or 9?
3. If I eat myself will I get twice as big or disappear completely?
4.How am I sure I’m the real mom of my kid?
5.How far of a drive is it from Miami to Florida?
6.Why doesn’t the Earth fall down?
7.Is an egg a fruit or a vegetable?
8.If batman parents are died, then how was he born?
please answer these I really need to know
Answers
Answer: 1. You wouldn’t know that your adopted unless someone told you
2.9
3. Die and disappear
4. DNA test
5. Your in Florida
6. Gravitational cling
7. Neither
8. They died after he was born
Explanation:
3. What's considered a retail service?
A. Car engine repair
B. Car wash
C. New car
D. New car tires
Answers
The correct option is D. New car tires.
New-car tires are considered a retail service.
What are examples of retail?Retail businesses sell items or services to customers for their consumption, use, or pleasure. They typically sell items and services in-store but some items may be sold online or over the phone and then shipped to the customer. Examples of retail businesses include clothing, drug, grocery, and convenience stores.
What is retail customer service?Retail customer service is like any other customer service: it's the act of providing customers with assistance, answering their questions and helping them solve problems. However, there are some factors specific to this industry that make it important to learn and hone retail customer service skills.
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The difference between the cost to make a good and the price is the: A. Elasticity Curve B. Profit C. Supply Curve D. Demand Margin
Answers
Answer:
B. Profit
Explanation:
I hope this helps :)
Consumer surplus exists because of the
A. surplus of money that wealthy consumers hold.
B. surplus in marginal product that firms get when they hire an additional worker.
C. willingness of some consumers to pay a price higher than the market price for some units of a good.
D. additional utility that households obtain when the prices of substitutes fall.
E. increase in the availability of goods when income rises.
Answers
Answer:
it exists because of the increase in the availability of goods when income rises
Economic Order Quantity is a calculation method to optimize order quantities based on certain tradeoffs. What statement best describes the overall objective of EOQ?
Q* = 2DSH
A. to calculate the optimum safety stock
B. to minimize the sum of carrying cost and holding cost
C. to maximize the customer service level
D. to minimize the sum of setup cost and holding cost
E. to calculate the reorder point, so that replenishments take place at the proper time
Answers
The overall objective of Economic Order Quantity (EOQ) is to minimize the sum of carrying costs and holding costs. This is achieved by calculating the optimal order quantity using the formula Q* = 2DSH, where D is the annual demand, S is the ordering cost, and H is the holding cost per unit.
EOQ is a widely used inventory management technique that helps businesses determine the ideal order quantity for a particular product. The goal of EOQ is to find the sweet spot where the costs of ordering and holding inventory are minimized, while still ensuring that the business has enough stock to meet customer demand.
The formula Q* = 2DSH is used to calculate the EOQ, where D represents the annual demand for the product, S represents the cost of placing an order, and H represents the holding cost per unit. By plugging these values into the formula, a business can determine the optimal order quantity that will minimize the total cost of carrying inventory.
Therefore, the best statement that describes the overall objective of EOQ is to minimize the sum of carrying cost and holding costs, as this is the ultimate goal of using this inventory management technique.
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Which of the following items are reasons to acquire debt?
A. Default
B. Keep emergency cash available
C. Establish credit history
D. Both keeping emergency cash available and establishing credit history
Answers
The reasons to acquire debt is: D. Both keeping emergency cash available and establishing credit history
What is debt?Debt means to borrow money from a lender in which the borrower is expected to pay at a due date.
The reason why a person or an individual should borrow money is to have available cash in case of emergency or unforeseen circumstance so as to have something to fall back to and to as well establish credit history in a case were you intend to borrow another money in the future.
Therefore The reasons to acquire debt is: D. Both keeping emergency cash available and establishing credit history
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Answer:
D.) Both keeping emergency cash available and establishing credit history
Explanation:
I got it correct on founders edtell
does anyone have a way or trick on using like blocked websites on a school chromebook?
Answers
According to the assumptions of the quantity theory of money, if the money supply increases 5 percent, then a. the price level would be unchanged and real GDP would rise by 5 percent. b. the price level would rise by 5 percent and real GDP would be unchanged. c. both the price level and real GDP would rise by 5 percent. d. both the price level and real GDP would be unchanged.
Answers
Answer:
C
Explanation:
Quantity theory of money : money supply x velocity = price x output
money supply x velocity = nominal GDP
It is assumed that velocity is constant. So, if money supply increases, both the price level and real GDP would rise by 5 percent
At this stage in your life as a student, what investment would you recommend to save a portion of your money for your retirement
A invest in a security that carries higher risk and a higher rate of return
B invest in a low interest savings account
C invest in a checking account so that you can have immediate access to your money
D invest in some "safe" securities so that you can get the highest rate of return
Answers
Answer:
I don't know
Explanation:
sorry sorry if it's wrong pick b,c, and d
the worst aspect of simply taking the money out of an employer-based retirement plan when changing jobs is .
Answers
The worst aspect of simply taking the money out of an employer based retirement plan when changing jobs is untimely lower retirement nest egg you will have.
What are the benefits of retirement benefits?
With a retirement plan, you can invest now to financially protect yourself and your employees when you retire. As a bonus, you and your employees receive important tax benefits and other incentives.
What is Basic Retirement Plan?There are two types of retirement plans typically offered by employers: defined benefit plans and defined contribution plans. performance plan. In a defined benefit plan, an employer establishes and maintains a pension that provides plan participants (employees) with benefits upon retirement.
What is the best type of retirement savings?Some of the best individual retirement plans are individual retirement accounts (IRAs), which include traditional IRAs, Roth IRAs, and spouse IRAs. Anyone with an income can open it himself. The best employer-sponsored retirement plans include 401(k), 403(b), and 457(b).
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Inkamva Lethu was established to offer counseling service for drug addicts and raise substance abuse awareness at no cost, identify form of ownership for this statement
Answers
Answer: Nonprofit Corporation
Explanation:
A Nonprofit corporation is one where the organization works to promote the good of the public in general either through charity, education, science, health and the like. These organizations provide their services at no cost and therefore rely on donations from benefactors to keep them going.
Inkamva Lethu is a Nonprofit corporation as it works for the public good by counseling drug addicts and raising awareness of substance abuse. They do this at no cost as well so they are a nonprofit corporation.
krysta wants to take piano lessons. she asked a teacher how many new pieces she could expect to learn each month. the teacher gave an estimate of 3. write an equation that shows how the total number of pieces krysta would learn, y, depends on the number of months of piano lessons, x.
Answers
The required equation is y = 3x which represents the total number of pieces Krysta would learn, where x months of piano lessons.
What is the Linear equation?A linear equation is defined as an equation in which the highest power of the variable is always one.
Krysta wants to learn to play the piano. She inquired with an instructor about the number of new pieces she could anticipate studying each month. The teacher estimated three.
Let y represent the total number of pieces Krysta would learn,
And x represent depends on the number of months of piano lessons,
According to the given situation, we can write the equation would be as:
⇒ y = 3x
Therefore, the required equation is y = 3x which represents the total number of pieces Krysta would learn.
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Management at work you are the proud owner of a small vintage clothing store. your store, fantastic 40s, specializes in clothing from the 1940s. you have four great employees, rebecca, rachel, roberto, and rafael. at first, business was good, but, recently, you have noticed that sales are slipping. puzzled, you turn to your management textbook for some ideas on how to turn things around.
Answers
Answer:
You measure sales over time and realize that the months of July, August, and September are particularly slow. As a result, you ask two of your sales clerks if they would be willing to work part-time during those months. Management Science.
Management science refers solving problems and making decisions in a company in order to move it forward. By preferring solutions to the problem of slow sales over some months, you have engaged in management science.
You make sure that when you hire new people, you get input from each of the existing team members. if they're happy with the new hire, they're more likely to make that person part of the team, and the team will sell more. Humanistic Management Theory.
With Humanistic Management, the needs, wants and thoughts of employees are taken into account when making decisions because employees are not viewed as simple assets to the company but as humans who are complex. By finding out what your employees think of a new hire you are engaging in the Humanistic theory.
You notice that when customers have too many choices, they are less likely to make a decision about what to buy, so you tell all of your employees to bring out only three things at one time. In addition, you start to pay your employees a commission for every item they sell. Classical Management theory.
Classical management is based on certain premises such as the needs of employees being either physical or economic as well as profit maximization. By offering commissions as incentives you are appealing to the economic need of your employees. By engaging in practices aimed at getting people to buy more, you are engaging in profit maximization.
A customer survey shows that the men who come into the store would prefer to be left alone while they shop, but the women who come into the store want to be asked if they need assistance. you tell your employees to leave men alone and ask women if they want help. Contingency Theory.
Contingent Theory shows that for each situation in a company, it is best to manage it based on the internal and external factors affecting it. In this case men don't need help but women prefer it. Offer help to women but not to men. You are therefore basing actions on the factors affecting this situation.
