Fill in the blank. in this classic example of a company treating its employees responsibly, ________ was the first company to offer company-paid vacations, stock ownership plans, employee suggestion program, and the guaranteed employment plan. this company has not laid off employees in the united states since 1948. lincoln electric mcwane, inc. scott paper company manville corporation
Answers
In this classic example of a company treating its employees responsibly, Lincoln Electric was the first company to offer company-paid vacations, stock ownership plans, employee suggestion programs.
Lincoln Electric is renowned for its long-standing commitment to employee welfare and progressive HR policies. The company has been recognized for its unique approach to employee ownership and engagement. By offering company-paid vacations, Lincoln Electric demonstrates its dedication to work-life balance and the well-being of its workforce.
The introduction of stock ownership plans empowers employees by allowing them to have a stake in the company's success, fostering a sense of ownership and alignment of interests between the employees and the organization.
The employee suggestion program highlights Lincoln Electric's emphasis on employee input and involvement in decision-making processes, encouraging a culture of innovation and continuous improvement.
Furthermore, the guaranteed employment plan exemplifies the company's commitment to job security. By not laying off employees in the United States since 1948, Lincoln Electric has built a reputation for providing stability and long-term career opportunities.
Overall, Lincoln Electric's progressive approach to employee welfare and its focus on employee empowerment and job security make it a notable example of a company that treats its employees responsibly.
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Related Questions
the exponential form of 6×6×6×6 is 6 the base is 4 True or False?
Answers
The following selected transactions were completed by Capers Company during October of the current year: Oct. 1 Purchased merchandise from UK Imports Co., $14,448, terms FOB destination, n/30. 3 Purchased merchandise from Hoagie Co., $9,950, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $220 was added to the invoice. 4 Purchased merchandise from Taco Co., $13,650, terms FOB destination, 2/10, n/30. 6 Issued debit memo to Taco Co. for $4,550 of merchandise returned from purchase on October 4. 13 Paid Hoagie Co. for invoice of October 3. 14 Paid Taco Co. for invoice of October 4, less debit memo of October 6. 19 Purchased merchandise from Veggie Co., $27,300, terms FOB shipping point, n/eom. 19 Paid freight of $400 on October 19 purchase from Veggie Co. 20 Purchased merchandise from Caesar Salad Co., $22,000, terms FOB destination, 1/10, n/30. 30 Paid Caesar Salad Co. for invoice of October 20. 31 Paid UK Imports Co. for invoice of October 1. 31 Paid Veggie Co. for invoice of October 19. The following selected transactions were completed by Capers Company during October of the current year: Oct. 1 Purchased merchandise from UK Imports Co., $14,448, terms FOB destination, n/30. 3 Purchased merchandise from Hoagie Co., $9,950, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $220 was added to the invoice. 4 Purchased merchandise from Taco Co., $13,650, terms FOB destination, 2/10, n/30.
Answers
Answer:
Oct. 1 Purchased merchandise from UK Imports Co., $14,448, terms FOB destination, n/30.
Dr Merchandise inventory 14,448
Cr Accounts payable 14,448
3 Purchased merchandise from Hoagie Co., $9,950, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $220 was added to the invoice.
Dr Merchandise inventory 10,170
Cr Accounts payable 10,170
4 Purchased merchandise from Taco Co., $13,650, terms FOB destination, 2/10, n/30.
Dr Merchandise inventory 13,650
Cr Accounts payable 13,650
6 Issued debit memo to Taco Co. for $4,550 of merchandise returned from purchase on October 4.
Dr Accounts payable 4,550
Cr Merchandise inventory 4,550
13 Paid Hoagie Co. for invoice of October 3.
Dr Accounts payable 10,170
Cr Cash 9,971
Cr Purchase discounts 199
14 Paid Taco Co. for invoice of October 4, less debit memo of October 6.
Dr Accounts payable 9,100
Cr Cash 8,918
Cr Purchase discounts 182
19 Purchased merchandise from Veggie Co., $27,300, terms FOB shipping point, n/eom.
Dr Merchandise inventory 27,300
Cr Accounts payable 27,300
19 Paid freight of $400 on October 19 purchase from Veggie Co.
Dr Merchandise inventory 400
Cr Cash 400
20 Purchased merchandise from Caesar Salad Co., $22,000, terms FOB destination, 1/10, n/30.
Dr Merchandise inventory 22,000
Cr Accounts payable 22,000
30 Paid Caesar Salad Co. for invoice of October 20.
Dr Accounts payable 22,000
Cr Cash 21,780
Cr Purchase discounts 220
31 Paid UK Imports Co. for invoice of October 1.
Dr Accounts payable 14,448
Cr Cash 14,448
31 Paid Veggie Co. for invoice of October 19.
Dr Accounts payable 27,300
Cr Cash 27,300
What should you, the worker, be aware of with regard to evacuation procedures at your workplace?
(select two answers)
(a) when you get back into the building
(b) evacuation plans
(c) what to do when the emergency has passed
(d) how long the emergencies will last
Answers
With regard to evacuation what one has to be aware of would be
evacuation planshow long the emergencies will lastWhat is meant by evacuation?This is the term that is used to refer to all that would have to be done in order to get all the occupants of a building out of it due to an emergency that is occurring in the building. The need for evacuation is often due to emergency that could cause a loss of life. An example of such incidence would during a fire outbreak.
Hence we can say that With regard to evacuation what one has to be aware of would be
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T/F: the mutual fund offer price is the price at which a mutual fund's share can be purchased by investors. it equals the current nav per share minus sales charges, if any.
Answers
The statement "The mutual fund offer price is the price at which a mutual fund's share can be purchased by investors. it equals the current nav per share minus sales charges" is True. The mutual fund offer price, also known as the offering price, is the price at which investors can purchase shares of a mutual fund.
This price is determined by the mutual fund company and is typically based on the current net asset value (NAV) per share of the fund. However, the offer price may also include sales charges, also known as front-end loads, which are fees charged by the mutual fund company or broker to cover administrative costs and commissions. These charges can vary depending on the fund and the type of shares purchased. Therefore, the mutual fund offer price is equal to the current NAV per share minus any sales charges, if applicable. It is important for investors to carefully consider the offer price and associated fees when deciding whether to invest in a particular mutual fund.
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Convincing a person using appeal and understanding is_____.
Answers
Answer:
persuasion or pathos?
60 points please help
1. What are two environmental hazards created by transportation? How are these hazards produced?
2. Imagine that you are a hospitality manager and you want to warn your guests about possible risks in the nearby park. What are two pieces of advice that you would give them to help them stay healthy while enjoying the park?
3. Some workers in transportation and logistics may work in factories or in transporting goods from factories. What are three common factory hazards? Describe each.
4. What are three hazards that might be found in restaurants? Why are these hazards found in restaurants?
5. Workers in hospitality and transportation careers often have to follow strict rules about environmental hazards. Why is this important?
Hospitality Manager <- your second lab link
1. Why is hospitality important in business?
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
4. What do you think you'd like best about working as a hospitality manager?
Answers
Answer:
The environmental impact of transport is significant because transport is a major user of energy, and burns most of the world's petroleum. This creates air pollution, including nitrous oxides and particulates, and is a significant contributor to global warming through emission of carbon dioxide.
If Francesca's sets a price of $20 per plate, it will sell 30 plates of salmon tonight. If Francesca's sets a price of $30, it will sell 18 plates of salmon tonight. What is your best estimate of the price elasticity of demand for salmon at Francesca's? a. −12 b. 12 c. −1.20 d. 0.8 e. 1.25
Answers
The best estimate of the price elasticity of demand for salmon at Francesca's is approximately -1.25. The correct option is e. 1.25.
To estimate the price elasticity of demand for salmon at Francesca's, we can use the midpoint formula:
Price elasticity of demand = ((Q2 - Q1) / ((Q2 + Q1) / 2)) / ((P2 - P1) / ((P2 + P1) / 2))
Using the given information:
Q1 = 30 plates
Q2 = 18 plates
P1 = $20
P2 = $30
Plugging these values into the formula:
Price elasticity of demand = ((18 - 30) / ((18 + 30) / 2)) / (($30 - $20) / (($30 + $20) / 2))
Price elasticity of demand = (-12 / (48 / 2)) / (10 / (50 / 2))
Price elasticity of demand = (-12 / 24) / (10 / 25)
Price elasticity of demand = (-0.5) / (0.4)
Price elasticity of demand ≈ -1.25
Therefore, The best estimate of the price elasticity of demand for salmon at Francesca's is approximately -1.25. The correct option is e. 1.25.
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using value-based pricing, a marketer would not design a product and marketing program before setting the price.
Answers
Value-based pricing is a pricing technique that evaluates the value a product offers to its customers and sets prices accordingly.
The basic premise of value-based pricing is that customers will pay more for a product that provides them with greater value. Value-based pricing is a pricing strategy that is very effective in developing pricing and product marketing plans.
In value-based pricing, the marketer would not design a product and marketing program before setting the price.
The price is set based on the value that the product provides to the customers.
Therefore, by understanding the customer's perceptions and expectations, a marketer can design a product that provides the customer with the most value.
The value-based pricing model encourages a company to concentrate on creating products that offer customers a greater value than their competitors.
Consequently, this pricing model encourages the company to create unique products that can differentiate them from their competitors.
In conclusion, value-based pricing is an effective pricing strategy that allows marketers to design products and marketing programs based on the customer's perception of value.
In other words, marketers should set prices based on the value that the product offers to the customer.
By using value-based pricing, marketers can create unique products and marketing programs that set them apart from their competitors.
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Countries trade with each other when they need goods they cannot produce
themselves. They also trade to take advantage of their own resources and surplus of
goods.
Check Your Understanding
Attempt 1 of 2
What are three reasons that might encourage a country to engage in trade?
A. The country lacks the ability to produce any goods.
B. The country has the natural resources to produce a specific good.
C. The country lacks an essential material.
D. The country can specialize in the production of a specific good.
E. The country can produce everything it needs.
Answers
Answer:
c
Explanation:
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation?
Answers
Answer:
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.
which of the following forms of countertrade does not require use of money or credit between parties? a) barter b) switch trading c) offset d) compensation trading e) none of the above
Answers
Barter is a form of countertrade which does not require use of money or credit between parties
A reciprocal form of international trade known as countertrade involves exchanging one good or service for another in place of hard currency. In developing nations with few credit or foreign exchange options, this kind of international trade is more prevalent.
Direct exchange of products between two parties in a transaction is known as barter. The primary exports are funded by importing markets' supplies of commodities or services. A single contract, which in its most basic form does not involve any currency, covers both flows.
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reverse stock splits take place in many cases grupp av svarsalternativ to decrease the market price of the common stock. because there may be simply too many shares outstanding from previous stock splits. to avoid delisting by the stock exchanges and nasdaq. all of these options are correct.
Answers
Reverse stock splits take place in many cases, such as: To avoid delisting by the stock exchanges, To raise the price of the common stock, Because there were simply too many shares outstanding. The correct answer is A, B, and C.
A) To avoid delisting by the stock exchanges and NASDAQ: When a stock's price falls below the minimum threshold set by stock exchanges, it risks being delisted. A reverse stock split reduces the number of shares outstanding and increases the price per share, helping the company maintain its listing.
B) To raise the price of the common stock from the individual investor price range to the institutional investor price range: Institutional investors may be more likely to invest in stocks with a higher price per share. By conducting a reverse stock split, a company can attract institutional investors and potentially increase demand for its shares.
C) Because there were simply too many shares outstanding from previous stock splits: If a company has issued too many shares due to previous stock splits, a reverse stock split can help reduce the number of shares outstanding and improve the company's financial ratios, making it more appealing to investors.
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Complete question:
Reverse stock splits take place in many cases:
A) to avoid delisting by the stock exchanges and NASDAQ
B) to raise the price of the common stock from the individual investor price range to the institutional investor price range
C) because there were simply too many shares outstanding from previous stock splits.
D) none of these
when bilingual employees are called upon to assist monolingual employees with their work tasks, this may reduce bilingual employees’ work effectiveness.
Answers
When bilingual employees are asked to help monolingual employees with their work tasks, it may have an impact on the bilingual employees' work effectiveness.
This is because the bilingual employees are now dividing their time and attention between their own work responsibilities and assisting their monolingual colleagues.
As a result, they may have less time and energy to focus on their own tasks, leading to a potential decrease in their productivity and efficiency.
Additionally, bilingual employees may face challenges in effectively communicating complex ideas and concepts to their monolingual colleagues. They might need to spend extra time and effort simplifying information or finding alternative ways to convey their messages. This can further contribute to a decrease in their work effectiveness.
To mitigate these potential issues, it is important for organizations to consider the workload and responsibilities of bilingual employees when assigning them additional tasks. Providing sufficient support, resources, and training to both bilingual and monolingual employees can also help improve communication and collaboration within the workplace.
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Real-Balances Effect
Household Expectations
Interest-Rate Effect
Personal Income Tax Rates
Profit Expectations
National Incomes Abroad
Government Spending
Foreign Purchases Effect
Exchange Rates
Degree of Excess Capacity
Answer the question based on the accompanying list of factors that are related to the aggregate demand curve. Investment spending would most likely be influenced by changes in
Multiple Choice
5 and 10.
1 and 3.
8 and 9.
Answers
Based on the list of factors related to the aggregate demand curve, investment spending would most likely be influenced by changes in:
B) 1 and 3.
Real-Balances Effect: This refers to the impact of changes in the price level on the purchasing power of money. It affects the real value of people's wealth and can influence their willingness to invest.
Interest-Rate Effect: Changes in interest rates can impact the cost of borrowing and the expected returns on investment. When interest rates are lower, it becomes more attractive for businesses to invest and borrow for projects.
Factors 5, 8, 9, and 10 listed in the options are not directly related to investment spending:
5.) Profit Expectations: This factor relates to businesses' expectations of future profits and can influence their investment decisions, but it is not directly related to changes in investment spending.
6.) Foreign Purchases Effect: This factor refers to the impact of changes in the exchange rate on exports and imports. While it can influence overall economic activity, it is not directly tied to investment spending.
7.) Exchange Rates: Similar to factor 8, exchange rates affect the competitiveness of exports and imports but are not directly linked to investment spending.
8.) Degree of Excess Capacity: This factor relates to the existing level of capacity utilization in an economy. While it can affect investment decisions indirectly, it is not a direct determinant of changes in investment spending.
Therefore, the correct answer is B) 1 and 3: Real-Balances Effect and Interest-Rate Effect.
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FMGT 4110 Intermediate Accounting II The Falcon Heavy Co. (FHC) had the following information available from its Trial Balance as at August 31, 2021: 1. prefered shares 250.000 share authorized 100.000 shares issued and outstanding ; $200.000
2. common shares unlimited shares authorized 225.000 dollars shares issued and outstandiing ; 450.000
3. contributed surplus (note 1) 10.000
4. retained earnings 300.000
Note 1: This balance arose in 2020 when FHC repurchased and retired preferred shares. The following transactions occurred between September and December 31, 2021: Sep 1 ; issued 100.000 commond shares for $2.25 per share and 50.000 preffered sgares for $1.00 per shares
oct 15 ; declared a 10 % stock divident on common shares
nov 2 ; purchased cancelled 5.000 commond shares at $5.00 Required: Journalize each of the above transactions. Round all per-share amounts to the nearest cent. (14 marks) Required: How many common and preferred shares are issued and outstanding on Dec 31, 2021? ( 4 marks) Required: On February 1,2022, 5% of the share subscribers are not able to uphold the contract and forfeit any amounts paid, in accordance with the subscription contract. What is the value of contributed surplus that will be recorded on this date? (2 mark)
Answers
Journal entries:
Sep 1:
Common Shares 225,000
Contributed Surplus 10,000
Preferred Shares 50,000
Cash 250,000
Oct 15:
Retained Earnings 22,500
Common Stock Dividend 22,500
Nov 2:
Treasury Stock 25,000
Cash 25,000
Number of shares issued and outstanding on Dec 31, 2021:
Preferred Shares: 100,000
Common Shares:
Issued = 225,000 + 100,000 = 325,000
Outstanding = 325,000 - 5,000 = 320,000
On February 1, 2022, the value of contributed surplus recorded will be:
Amount paid by subscribers = 225,000 x $2.25 + 50,000 x $1.00 = $562,500
Amount forfeited = 5% x $562,500 = $28,125
Value of contributed surplus = $28,125 - $10,000 = $18,125.
What are Journal Entries?The chronological recording of a company's financial transactions in the general ledger is referred to as a journal entry. The first steps in accounting are journal entries, which are used to record all financial transactions, including the debits and credits to each account affected by them.
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Which means the same as human resources?
Answers
Answer: manpower
Explanation:
Answer:
HR, forces, personal, staff
Explanation:
these are all commonly used terms for human resources
ABM Services paid a $4.15 annual dividend on a day it closed at a price of $54 per share. What
was the yield?
Answers
Answer:
Explanation:
94:15
Price discrimination means charging different prices for identical goods that have identical production costs. paying wages according to race or sex rather than productivity. exploiting the working masses by charging the highest single price possible. eliminating all costs so that only profits are realized. Perfect competition and monopolistic competition differ with respect to the elasticity of their demand curves. with respect to product differentiation. with respect to influence over the price they charge. All of these describe differences between perfect competition and monopolistic competition.
Answers
Price discrimination means charging different prices for identical goods that have identical production costs. This statement is true and it's widely used by various businesses to increase profits.Paying wages according to race or sex rather than productivity is an example of discrimination. This is false as paying wages according to race or sex is unfair and biased, and is against labor laws.
Exploiting the working masses by charging the highest single price possible is a deceptive pricing strategy that aims to take advantage of consumers. This is false and goes against consumer rights.Eliminating all costs so that only profits are realized is impossible as every business incurs some kind of costs.
Thus, this statement is false.Perfect competition and monopolistic competition differ with respect to the elasticity of their demand curves, with respect to product differentiation, and with respect to influence over the price they charge. All of these describe differences between perfect competition and monopolistic competition. These statements are true as they point out significant differences between the two types of competition.
Demand curve elasticity: In perfect competition, demand curves are highly elastic, while in monopolistic competition, demand curves are less elastic.Product differentiation: Perfect competition involves selling standardized products, whereas in monopolistic competition, products are differentiated.Influence over price: In perfect competition, individual firms have no control over prices, while in monopolistic competition, firms have some control over prices.
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fast pls The Fair Labor Standards Act does not cover which of the following?
unemployment compensation
child labor
minimum wage
overtime pay
Answers
The application of scientific knowledge to the development and improvement of goods and services is generally referred to as ______. Multiple choice question. technology information production
Answers
Answer:
Technology.
Explanation:
As the definition is seen above, these qualities are directed towards technology. Technology has advanced produce and sales of goods and services a lot. It shows itself in fastening and making production easier. And also in different other forms that come as advertising, E-commerce, communication etc. Orders of certain goods are been sent thousands miles away from the producing country and are seen to be received safe and sound at the other end of the purchase country. Also adverts can be seen of a Chinese product in far away Africa through television commercials and also internet.
studocu true or false: leaders, even in a business setting, can come in three forms: appointed, elected and emergent.
Answers
True. Leaders in a business setting can indeed come in three forms: appointed, elected, and emergent.
Appointed leaders are individuals who are formally assigned or designated by higher authorities or organizational structures to hold leadership positions. They are chosen based on their qualifications, skills, or expertise. Elected leaders are chosen through a voting or selection process, where individuals within the organization or group have the opportunity to vote or elect their preferred leader. This process often occurs in democratic or participatory settings. Emergent leaders are individuals who naturally rise to leadership positions through their actions, influence, and abilities. They may not have formal titles or positions, but they gain respect, recognition, and followership based on their contributions, expertise, or interpersonal skills.
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Which of the following careers is most likely to require business skills?
Answers
Answer:
1, Communication skill,Leadership skill,Analytical skill
Ryanair advertised the lowest rates in Europe with fares of $12 between Paris and Munich. However, when Bill arrived at the airport, he had to pay $28 in taxes, $25 for one small carry-on bag, $6 for a non-alcoholic beverage, and $2.50 to use the restroom on the plane. Between Ryanair and the customer there is a ______ gap.
Answers
Answer:
Explanation:
Communication gap
Select the TWO False statements about Requirements to Obtain Funding.
Answers
Which of the following is an inside force for change at Carnival? a. human resource concerns b. customer concerns c. shareholder concerns d. political pressures . e. technological advancements
Answers
The inside force for change at Carnival is **a. human resource concerns**.
Human resource concerns play a significant role in driving change within an organization like Carnival. These concerns may include employee satisfaction, talent development, workplace culture, and diversity initiatives. Addressing these issues is crucial for Carnival to maintain a productive and engaged workforce, which directly impacts the company's performance and adaptability. In contrast, customer concerns, shareholder concerns, and political pressures are external factors that can influence the organization, while technological advancements can be considered both internal and external, depending on the specific context. However, human resource concerns are the primary internal force that can drive change at Carnival.
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Which is not part of the sources a customer uses when evaluating total customer cost?
Answers
Advertising is not part of the sources a customer uses when evaluating total customer cost.
Advertising is used for the purpose of informing consumers about new upcoming products, services as well as ideas on the market. In this case, it mainly depicts the introduction of goods to the marketplace, and also the search for consumers in mass numbers.
The process of advertising is any kind of paid form of communication that occurs from an identified sponsor which can draw attention to ideas, goods, and sometimes the sponsor itself. Most advertising processes are directed toward groups rather than reflecting concerned individuals.
The processed advertisement is usually delivered through online and offline media such as television, radio, newspapers, and mainly on the Internet. Ads are part of advertising which are often measured in terms of impressions as showing the number of times a particular consumer is exposed to an advertisement technique.
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Which of the following is most likely to create a long-term trend?
A. Fashion
B. Entertainment
C. Television shows
D. Demographics
Answers
Demographics is most likely to create a long-term trend. Demographics is the study of the characteristics of human populations, such as age, sex, education, income, and race. The correct answer is option D.
These factors have a significant impact on consumer behavior, and thus, they can create long-term trends in the marketplace. As people age, their preferences change, and they tend to consume different products and services. For example, as the baby boomer generation has aged, there has been a trend towards products and services that cater to their needs, such as retirement communities, healthcare, and leisure activities.
Additionally, changes in education, income, and race can create new trends in consumer behavior. For example, if there is an increase in the number of people with higher education degrees, this could lead to a trend towards products and services that cater to their needs, such as high-tech gadgets, gourmet foods, and luxury vacations. Therefore, demographics is most likely to create a long-term trend. The correct answer is option D.
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fast pls!!! Shepard University is launching new services to attract more students. They offer bachelor's
degrees in 25 majors, boast a brand new fitness center, Wi-Fi in residence halls, and 24-hour
dining options. Which of these is an example of a core service offered by Shepard University?
O bachelor's degrees
fitness center
O Wi-Fi in residence halls
O 24-hour dining options
Answers
Answer:
Bachelor's degree
Explanation:
You go to a college for a degree, so that is the main and thus "core" focus. Anything else is extra, so the degree itself is the main service. Therefore, it's the core.
How does one's behavior affect business? Give at least two examples.
Answers
Aggressive workplace conduct puts workers at risk, hinders efficiency and damages the reputation of the organization. Even if violence is not overt, it ultimately erodes trust and morale and could lead to actions that are progressively worse.
when farmers grow apples, there are a number of external costs. in particular, apples not sold or picked in a timely fashion spoil and become rotten and thus generate methane gas. if the marginal external cost is $10 per bushel of apples, and the government imposes a tax of $20 per bushel of apples, then at the new equilibrium price and quantity of apples: group of answer choices too few apples will be picked. the price of apples will be less than the marginal social cost. the price of apples will be less than the marginal social benefit. the price of apples will be less than the marginal cost to apple farmers.
Answers
When farmers grow apples, there are a number of external costs. in particular, apples not sold or picked in a timely fashion spoil and become rotten and thus generate methane gas. (c). the price of apples will be less than the marginal social benefit is the correct option.
When the government imposes a tax of $20 per bushel of apples to internalize the external cost of apple production, the marginal cost of producing apples for the farmers increases by $20. As a result, the supply curve shifts leftward to reflect the increase in the cost of production, and the equilibrium quantity of apples decreases.
However, the new equilibrium price of apples will not necessarily be less than the marginal cost to apple farmers, nor will it necessarily result in too few apples being picked. Instead, the new equilibrium price will be determined by the intersection of the new supply curve and the original demand curve, which represents the marginal social benefit of consuming apples.
Since the marginal external cost is $10 per bushel of apples and the tax is $20 per bushel, the total marginal cost of apple production now includes both the private cost to the farmer and the external cost to society. The new equilibrium price will therefore be higher than the old price to reflect the higher marginal cost, but it will still be lower than the marginal social benefit to reflect the negative externality of apple production.
Thus, the price of apples will be less than the marginal social benefit at the new equilibrium, meaning that the market will still not produce the socially optimal quantity of apples.
Therefore the correct option is (c).
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