When compared to exchange systems that rely on money, disadvantages of the barter system include:____.
Answers
In the barter system, items are swapped for other goods. When there is a two-fold coincidence of wants, this exchange of products for goods functions well. In the absence of such, a large number of pointless transactions must be made, wasting resources.
The requirement of a twofold coincidence of wishes is one of the drawbacks of the barter system in assessment to trading structures that depend upon cash.
The incapability to make postponed payments, the absence of a general unit of size, the problem of storing products, and the absence of double accident of wishes are other drawbacks of the barter machine.
the lack of a double coincidence of needs in barter is resolved by using cash as a medium of alternate because it separates the acts of sale and buy. Whoever needs your commodities should buy them from you for money, and you should purchase items from every person who desires to promote them for money. the use of cash as a form of change is typical.
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Related Questions
you are considering investing in a portfolio consisting of 40% electric general and 60% buckstar. if the expected rate of return on electric general is 16% and the expected return on buckstar is 9%, what is the expected return on the portfolio?
Answers
The expected return on the portfolio is 11.8%
The return that is anticipated on an investment is known as the expected return or ER. It is the overall sum of money that you can anticipate making or losing from an investment with a known rate of return. It's common to express an expected return as a percentage, with positive returns denoting profits and negative returns denoting losses.
Let the total amount invested in the portfolio be $100
Amount invested in electric general = 40% of 100 = $40
Amount invested in buckstar = 60% of 100 = $60
Expected return on electric general = 16%
So, 16% of 40 = $6.4
Expected return on buckstar = 9%
So, 9% of 60 = 5.4
Total portfolio amount after return = 100 + 5.4 + 6.4 = $111.8
Expected return on portfolio = 111.8-100/100*100 = 11.8%
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Question # 5
Multiple Choice
How would you relate the passage below to what happened with engineering during the Industrial Revolution?
Leonardo da Vinci was not only a painter, but also the designer and inventor of practical items, such as a spring-driven clock, weapons
of war, such as a catapult and a giant crossbow, and some things that never went beyond the conceptual stage, such as his ideas for
various types of flying machines. Although da Vinci only designed some things such as war machines—for clients who demanded
them, other things, such as his conceptual design for an early sort of helicopter, were a product of his restless curiosity and desire to
create
After the Industrial Revolution, engineers primarily worked as inventors, creating items either for paying clients or their own amusement.
O
Unlike da Vinci's informal approach to engineering, engineers during the Industrial Revolution began to be formally trained as
professionals taking a systematic and often specialized approach to their work.
During the Industrial Revolution, engineers came to be instructed in how to foster the creative energy that da Vinci displayed in his
endeavors
The engineering profession became less rigidly formalized during the Industrial Revolution, so much so that afterward, engineers looked
to da Vinci as the model and inspiration for their efforts.
Answers
C!!!! edge 2020
Explanation:
On edge
Answer:
option D:Unlike da Vinci’s informal approach to engineering, engineers during the Industrial Revolution began to be formally trained as professionals taking a systematic and often specialized approach to their work.
Explanation:
I tried C and got it wrong
it is 3/4 because 3 +1/4
Answers
Answer:
No, it's \(3\frac{1}{4}\)
Explanation:
\(3 + \frac{1}{4} \\\\\frac{12}{4} + \frac{1}{4} \\\\\frac{13}{4} = 3\frac{1}{4}\)
Brussels Enterprises issues bonds at par dated January 1, 2019, that have a $2,600,000 par value, mature in four years, and pay
9% interest semiannually on June 30 and December 31.
Answers
Brussels Enterprises recorded a bond issuance for cash on January 1, 2019, with a par value of $2,600,000, a maturity of four years, and semiannual 9% interest payments on June 30 and December 31.
To record the issuance of bonds for cash on January 1, 2019, Brussels Enterprises would debit cash for $2,600,000 and credit bonds payable for $2,600,000. The bonds would have a maturity date of January 1, 2023, and pay semiannual interest at a rate of 9% on June 30 and December 31 of each year.
The issuance of bonds provides the company with a source of long-term financing, with interest payments made to bondholders representing a fixed expense for the company over the life of the bonds. The entry for the issuance of bonds for cash is a standard accounting practice that reflects the inflow of funds and corresponding increase in liabilities on the company's balance sheet.
The complete question:
Brussels Enterprises issues bonds at par dated January 1, 2019, that have a $2,600,000 par value, mature in four years, and pay 9% interest semiannually on June 30 and December 31. Record the entry for the issuance of bonds for cash on January 1.Learn more about bonds price: https://brainly.com/question/29343820
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Michelle has four credit cards with the balances and interest rates listed below. She would like to consolidate all of her credit cards in a single credit card with an interest rate of 16% and pay off the balance in 36 months. If she did so, what would Michelle’s monthly credit card payment be? Credit Card Balance APR.
Answers
Michelle needs to pay $561.06 on all four credit cards every month to clear her dues in 36 months.
What is a credit card?A credit card is a small plastic card issued by a bank, building society , or other financial institution that allows the holder to buy products or services on credit.
We have the given information available in this case:
Credit Card balance APR
$4,380 at the rate of 17%$1,365 at the rate of 19%$2,480 at the rate of 23%$5,000 at the rate of 15%The interest on all the four cards is for 36 months that is 3 years, therefore the interest will be paid for 3 years:
For that we will be using Simple interest rate formula to calculate the interest:
\(\rm\,Total\,amount\,on\,Card1 = P+ \dfrac{P\times\,R\times\,T}{100}\\\\= 4,380 + \dfrac{4,380\times\,0.17\times\,3}{100} \\ \\= \$6,613.8\\\\\rm\,Total\,amount\,on\,Card2 = 1,365 + \dfrac{1,365\times\,0.19\times\,3}{100}\\\\= \$2,143.05\\\\ \rm\,Total\,amount\,on\,Card\,3 = 2,480 + \dfrac{2,480\times\,0.23\times\,3}{100}\\\\= \,\$4,191.2\\\\= \rm\,Total\,amount\,on\,Card\,4 = 5,000 + \dfrac{5,000\times\,0.15\times\,3}{100}\\\\= \$ 7,250\\\)
The total sum of money that Michelle needs to pay on her credit cards:
\(\rm\,Total\,Amount = Total\,amount\,on\,Card\,1 + Total\,amount\,on\,Card\,2+Total\,amount\,on\,Card\,3 + Total\,amount\,on\,Card\,4\\= \$6,613.8 + \$2,143.05+\$4,191.2 + \$ 7,250\\\\= \$20,198.05\)
Finally, the amount that Michelle needs to pay on a monthly basis to clear her dues on the credit card: ( Division of the total amount into 36 parts as she has to pay dues in 36 months)
\(\rm\,Monthly\,installment = \dfrac{Total\,Amount}{36\,months}\\\\\\\\\dfrac{\rm\,Total\,Amount}{\rm\,36\,months}\\\\=\dfrac{\rm\, \$\,20,198.05}{\rm\,36\,months}\\\\= \$561.0569\\\)
Thus, the amount that Michelle has to pay every month for 3 years (36 months) to clear her credit card dues is $561.06.
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reasons for a business to lower its prices?
Answers
would anyone like to ............ watch anime
Answers
Answer:
aot
Explanation:
last episode soon
nikki bowles, recently promoted to a frontline management position, quickly learned that her manager, tim davis, would often delegate decision making to her. tim told her, "i want you to make as many decisions at your level as possible, because
Answers
As Tim Davis would often delegate decision making to her, he will most likely told her, "I want you to make as many decisions at your level as possible, because you deal directly with problems and opportunities and thus have the most relevant information."
What is known as a delegation?In management, a delegation refers to the assignment of authority to another person to carry out specific activities. It is also defined as a process of distributing, entrusting work to another person, and this is known as one of the core concepts of management leadership.
The process of delegation involves the managers deciding which work they should do themselves and which work should be delegated to others for completion. So, from a managerial view, a delegation involves shifting project responsibility to team members and by giving them opportunity to finalize the work product effectively with a minimal intervention.
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Which three characteristics help identify a business opportunity? (Choose three)
Answers
The characteristics that help to identify a business opportunity includes
when it is measurablethe market availabilitythe timing of the opportunity.What is a business opportunity?It refers to a packaged business investment that does allows a potential buyer to begin a business.
In conclusion, the identification of a business opportunity is important because it informs about the best moment to start a business.
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In designing a bonus structure to reward your production managers, one of the options is to reward the managers based on reaching annual income targets. What are the differences between a reward system for a company that uses absorption costing and one for a company that uses variable costing?
Answers
In a reward system for a company that uses absorption costing and bonuses will be based on production, while in variable costing it will be based on sales.
What is a rewards system?It is an organizational strategy to provide a bonus structure for employees who achieve certain goals and objectives stipulated in a period of time, being an instrument of motivation for employees to commit to their tasks.
Therefore, absorption and variable costing methods will impact the organizational reward system by the scope of the company's expected results.
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How did Ray conduct marketing-information management?
Answers
What resource outlines documentation requirements for MTM services, participation guidelines and other critical program information for OutcomesMTM
Answers
Answer: Policy & Procedure Guide
Explanation:
It should be noted that the MTM services can be performed by licensed pharmacist who have completed an outcomesMTM training or the students who are sounder a licensed pharmacist supervision.
Policy & Procedure Guide outlines documentation requirements for MTM services, participation guidelines and other critical program information for OutcomesMTM.
In completion of these course, you should be able to articulate and provide evidence of meeting the course outcomes.review the syllabus and tracking calendar and list all of the course outcomes for this course
Answers
I can provide a three-paragraph response that will include the required terms. In this course, students should be able to demonstrate their knowledge and understanding of the course outcomes through their work and assignments. To do this, students should review the syllabus and tracking calendar to ensure they are aware of the course outcomes and how they will be assessed.
The course outcomes for this course include: understanding the fundamental principles of the subject matter, applying critical thinking skills to analyze and evaluate course materials, and communicating effectively in written and oral formats. Other course outcomes include the ability to work collaboratively with others, apply ethical principles to decision-making, and use technology effectively to gather and analyze data.
To articulate and provide evidence of meeting these course outcomes, students should be able to demonstrate their understanding of the concepts covered in the course, analyze and evaluate course materials in a thoughtful and critical manner, and effectively communicate their ideas in writing and verbally. Students should also be able to work effectively with others, make ethical decisions based on sound principles, and use technology to gather and analyze data in a meaningful way.
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What are Starbucks share benefits?
Answers
The major benefits of Starbucks share are Dividends, Stock Price appreciation, Voting Rights, Discounted stock purchase plans.
Starbucks Corporation is a publicly-traded company, which means that its shares are available for purchase by individual investors.
Dividends: Starbucks may distribute a portion of its profits to shareholders in the form of dividends, which are typically paid on a quarterly basis.
Stock Price appreciation: If the value of Starbucks' stock increases, shareholders can profit from selling their shares at a higher price than they paid for them.
Voting Rights: Shareholders may be able to vote on important company decisions, such as the election of board members or major corporate actions.
Discounted stock purchase plans: Starbucks may offer its employees the opportunity to purchase shares at a discounted price as part of an employee stock purchase plan.
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True or False: The ending balance in your checkbook ledger is different from the bank statement when you have written checks that haven't yet been cashed.
Answers
Answer:
true
Explanation:
hope this helps!
A young man is badly injurged when his cell phone battery catches fire. Whattype of insurance should the manufacturer of the cell phone have to cover such an event?
Answers
Answer:
product liability insurance
Explanation:
In this specific situation, the type of insurance that the manufacturer needs to have had is called product liability insurance. This insurance would cover any and all expenses of injuries caused by a specific product that the victim has purchased from you. Which in this case would cover the fire injuries caused by the cell phone that you the manufacturer sold the young man that was injured.
Answer: Product liability insurance
Explanation:
What Do Banks Do With Their Deposits?
Answers
Answer: When a person deposits money into their bank account, the bank can then lend other people that money. The depositing customer gains a small amount of money in return (interest on deposits), and the lending customer pays a larger amount of money to the bank in return (interest on loans).
Explanation: I think
Help me please :D
What types of planning can be done to improve a nation’s economy? A nation can undergo pick 1 for slot 1 --> short-term/detailed/fulfilled planning or restrictive/long-term/constructive planning in order to improve its economy.
Answers
The types of planning that can improve the economy of a country is restrictive/long-term/constructive planning :
What is Planning?This refers to the series of steps that a person undertakes in order to achieve a set goal.
Hence, we can see that when it comes to the national economy, it is important for a country to engage in restrictive, long-term, and constructive planning in order to boost the economy.
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Answer:
What types of planning can be done to improve a nation’s economy? A nation can undergo pick 1 for slot 1 --> short-term/detailed/fulfilled planning or restrictive/long-term/constructive planning in order to improve its economy.
Explanation:
Now.....
GET ON
AND TELL
ME
WHERE
MUFFIN
IS
PLS and THANK YOU
A person is seeking a job in the lumber industry. which texas region would likely offer them the best opportunity for finding a job? question 10 options: north central plains great plains mountains and basin coastal plains
Answers
Mountains and Basin is the Texas region would likely offer them the best opportunity for finding a job. As a person is seeking a job in the lumber industry. Hence, option C is correct.
What is lumber industry?
The wood business, also referred to as the lumber industry, is the area of the economy that deals with logging and forestry as well as the production of primary forest commodities like furniture and secondary products like wood pulp for the pulp and paper industry.
Weyerhaeuser and Georgia-Pacific are the top two producers of lumber, respectively. There are 113 sawmills with a combined output capacity of 18.9 billion board feet among the top 10 US producers of lumber.
Currently, the world market for wood and wood products is dominated by North America. This is mainly attributable to the continent's vast forests, which in the US and Canada are primarily made up of relatively simple-to-extract conifers.
Thus, option C is correct.
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Tom is the aerobics coordinator at a fitness center. He needs a more efficient way for his instructors to share information. Class schedules are updated on a regular basis. Instructors need to indicate when they cannot teach a class and other instructors need to be able to sign up to cover the class. Instructors also often attend training classes and learn new procedures. Having a place to share their learning and update procedures will benefit them and their clients. Cindy is taking a business class and told Tom about a great tool that will serve their needs. What was the technology tool Cindy told Tom about
Answers
Answer:
wikis technological tool
Explanation:
As regards to the case above, the technology tool Cindy told Tom about is wikis technological tool . A wiki can be regarded as collaborative tool that provides students with enablement to make contribution and to perform modifications on one or more than one pages of course related materials. This tool is collaborative in nature, as a result of this, it facilitate community-building within a course. a wiki can be regarded as a web page and a collaborative software that has an open-editing system. It was set up to
the lexicon by Ward Cunningham who was a programmer
Scenario A
College graduates are moving back in with family in record numbers. They are waiting longer than previous generations to buy homes and start families. Data show downward trends in new home building, mortgage applications, and the birthrate. Multiple markets are complaining of falling demand. A national supplier of home goods permanently shut down. The media is calling babies born today part of the “baby bust generation.” Economists predict future school closings and labor shortages.
Would the Fed address the scenario with expansionary or contractionary policy? Explain.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.
What is a specific fiscal action that Congress might use in this scenario?
Answers
The Fed would address the scenario with an expansionary policy as this is the policy that stimulates demand.
The specific monetary action that the Fed can take in this scenario is decreasing the Fed Funds rate, to reduce interest rates on loans.
Congress can use the specific fiscal action by offering tax breaks to young people who buy houses.
How can demand be stimulated ?The Fed Funds rate is the rate that banks borrow from each other. If the Fed was able to decrease this rate, then it would lead to loan interest rates falling which would allow the young college graduates to be better able to buy homes and start families.
Congress for its part, can embark on the fiscal action of giving tax breaks to young college graduates who buy houses and start families. This would encourage them to buy houses knowing they will pay less taxes.
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What is the irony in Huckleberry Finn?.
Answers
Mark Twain frequently uses irony in "The Adventures of Huckleberry Finn" to illuminate his themes, characters and plot.
The Grangerford subplot is a good example of irony being used in Huckleberry Finn. The Grangerfords and Shepherdsons have been at odds for many years and often murder one another. Every Sunday, though, they put their differences aside just long enough to attend church together before picking them back up again soon after.
The irony in this situation is that the preaching at church emphasizes brotherly love, embracing your neighbor and coexisting peacefully. The sermon is well received by the families, who discuss what is right and proper to do. They are all armed, though, and conflicts with the Shepherdsons are resolved violently in a quarrel that symbolizes the antithesis of brotherly love.
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What does ceteris paribus mean?
Answers
Answer:
rat
Explanatio
Baillie Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2021. Courtney purchased the equipment from Doane Machines at a cost of $250,500, its fair value. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. ) Related Information: Lease term 2 years (8 quarterly periods) Quarterly lease payments $15,500 at Jan. 1, 2021, and at Mar. 31, June 30, Sept. 30, and Dec. 31 thereafter Economic life of asset 5 years Interest rate charged by the lessor 12% Required: Prepare a lease amortization schedule and appropriate entries for Baillie Power from the beginning of the lease through December 31, 2021. December 31 is the fiscal year end for each company. Appropriate adjusting entries are recorded at the end of each quarter
Answers
The Lease balance at the beginning based on the information provided after calculation is 112069.
Lease balance at the beginning = $15,500 * (1-(1+3%)^(-8))/3% +3%
=112069.
Payment lease pay eff interest decrease bal lease balance
1/1/21 $112069
1/1/21 $15500 $96569
3/31/21 $15500 $2897 $12603 $83966
6/30/21 $15500 $2519 $12981 $70985
9/30/21 $15500 $2130 $13370 $57615
12/31/21 $15500 $1729 $13771 $43844
3/31/21 $15500 $1315 $14185 $29659
6/30/22 $15500 $890 $14610 $15049
9/30/22 $15500 $451 $15049 $0
lease payment = $15500
effective interest = 3% * previous lease balance
decrease in balance = lease payment - effective interest
lease balance = previous lease balance - decrease in bal
Journal entry
January 1, 2021, lease equipment from Courtney Leasing is as follows:
Dr Right of use asset 112,069
Cr Lease liability 112,069
January 1, 2021, first lease payment
Dr Lease expense 15,500
Cr Cash 15,500
Dr Lease liability 15,500
Cr Right of use asset 15,500
March 31, 2021, second lease payment
Dr Lease expense 15,500
Cr Cash 15,500
Dr Lease liability 12,603
Cr Right of use asset 12,603
June 30, 2021, third lease payment
Dr Lease expense 15,500
Cr Cash 15,500
Dr Lease liability 12,981
Cr Right of use asset 12,981
September 30, 2021, fourth lease payment
Dr Lease expense 15,500
Cr Cash 15,500
Dr Lease liability 13,370
Cr Right of use asset 13,370
December 31, 2021, fifth lease payment
Dr Lease expense 15,500
Cr Cash 15,500
Dr Lease liability 13,771
Cr Right of use asset 13,771
March 31, 2022, sixth lease payment
Dr Lease expense 15,500
Cr Cash 15,500
Dr Lease liability 14,185
Cr Right of use asset 14,185
June 30, 2022, seventh lease payment
Dr Lease expense 15,500
Cr Cash 15,500
Dr Lease liability 14,610
Cr Right of use asset 14,610
September 30, 2022, eighth lease payment
Dr Lease expense 15,500
Cr Cash 15,500
Dr Lease liability 15,049
Cr Right of use asset 15,049
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Question 2 of 10
Jeremy doesn't have a lot of money to spend on advertising, but he knows his
target audience are local outdoor enthusiasts. Which type of media format
should Jeremy use to advertise?
A. Local newspapers
B. Billboards on busy streets
C. National television commercials
D. Plane banners
Answers
Answer:
B. Billboards on busy streets
Explanation:
Billboard advertising involves making use of large-scale print advertisements to market a company's products and services. Billboards are strategically mounted in high traffic areas to pass their message to as many people as possible. Busy highways and streets, strategically located buildings are ideal places to put billboards.
Jeremy should consider using billboards for the following reasons.
His clients are local outdoor enthusiasts; he needs to find out their favorite destinations are put billboards along the way. This way, he will capture their attention.Billboards are less costly compared to other advertisement options, such as television or plane banners.Billboards will be effective in his case. Because his clients are local, and billboards remain in place for several days or weeks, his target clients will not fail to spot them.Answer:local news papers
Explanation:
Explain how your money personality affects your spending behavior.
Answers
Answer:
I think that
Explanation:
if you spend your time making money your either the person who would like to spend it on stuff, or you would save it up for something.
1. Consider the economy of Taiwan. Discuss how the historical, geographic, political, cultural
or ethnic background and/or natural resources endowment shaped this country’s economic
development. (It is not necessary to cover all of these mentioned factors.)
1. Consider the economy of Singapore. Discuss how the historical, geographic, political,
cultural or ethnic background and/or natural resources endowment shaped this country’s
economic development. (It is not necessary to cover all of these mentioned factors.)
Answers
Taiwan is an island country located in East Asia. The country is known for its technological innovation and advanced economy. Taiwan's economic development was shaped by several factors such as its geographic location, natural resources, and political factors.
Taiwan is rich in natural resources such as coal, natural gas, and petroleum, but the country is heavily dependent on imported raw materials. Taiwan's economic development was driven by export-oriented industrialization. The country's economic growth was propelled by the government's policies that supported the development of high-tech industries, such as semiconductors, telecommunications, and electronics.
The government provided incentives such as tax breaks, subsidies, and low-interest loans to attract foreign investment. Furthermore, Taiwan's political and cultural background shaped its economic development. The country has a democratic system of government, which has contributed to its political stability and economic growth. Taiwan's culture values education, hard work, and entrepreneurship, which have been instrumental in driving the country's economic success. Singapore is a city-state located in Southeast Asia.
The country is known for its well-developed economy, high standard of living, and efficient government. Singapore's economic development was shaped by several factors such as its geographic location, natural resources, and political factors. Singapore is located at a strategic location, which has made it a hub for trade and commerce. The country has a deep-water port, which has contributed to its economic success. Singapore's natural resources are limited, and the country relies heavily on imported raw materials.
The country's economic development was driven by export-oriented industrialization. The government provided incentives such as tax breaks, subsidies, and low-interest loans to attract foreign investment. Furthermore, Singapore's political and cultural background shaped its economic development. The country has a stable government, which has contributed to its political stability and economic growth.
Singapore's culture values education, hard work, and entrepreneurship, which have been instrumental in driving the country's economic success. In conclusion, Taiwan and Singapore's economic development was shaped by several factors such as its geographic location, natural resources, and political and cultural background. Both countries have adopted export-oriented industrialization as a key driver of economic growth, which has been supported by government policies that incentivize foreign investment.
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The ruling in the copyright case over the song a little bird told me established that?
Answers
The ruling in the copyright case over the song "A Little Bird Told Me" established that copyright infringement does not require a verbatim or exact copy. This case resulted in the expansion of copyright protection for songwriters.
Copyright infringement is the unauthorized use of copyrighted material. It happens when a copyrighted work is used or reproduced without the permission of the copyright owner. Copyright infringement can result in civil and criminal penalties, including monetary damages and even imprisonment.
In the copyright case over the song "A Little Bird Told Me," the court ruled that copyright infringement does not require an exact or verbatim copy. This ruling expanded copyright protection for songwriters by recognizing the value of the "total concept and feel" of a song, rather than just the specific lyrics or melody. As a result, it became easier for songwriters to claim copyright infringement when their work was used without permission, even if only a small portion was used or if the work was modified in some way.
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A well known bank stores enough money during the weekends to satisfy its customers needs. The expected average withdrawal during the weekend is $550 with a standard deviation of $70. When they looked at a sample of the last 36 weekend transactions, they found the average withdrawal to be $600. At α=0.05, is there evidence that the mean withdrawal has increased during weekends? (Z0.05=1.645, Z0.025=1.96)
Answers
Answer:
The mean withdraw has increased during weekend.
Explanation:
Assume that the withdraw amounts are normal distributed. To test whether the mean withdrawal has increased during weekends, we take a z-test. The z-test is possible because the observed sample (weekend transactions) is greater than 30.
The null hypothesis (\(H_{0}\)) is when the mean withdrawal is greater than 550. The alternative hypothesis (\(H_{A}\)) is when the mean withdrawal is equal to 550 or smaller. At an alpha of 0.05% is selected with a two-tailed test, , there is 0.025% of the samples in each tail, and the alpha has a critical value of 1.96 or -1.96. If the z-value is greater than 1.96 or less than -1.96, the null hypothesis is rejected.
z-value = (600-550) / 70 / 36^(1/2) = 0.1190
At α=0.05, the z-value < 1.96 and > -1.96, the null hypothesis is not rejected. Therefore, the mean withdraw has increased during weekend.
When people make decisions together, they develop a ____ to each other and are therefore more committed to the outcome.
a. social commitment
b. moral commitment
c. hierarchical commitment
Answers
Answer: Social commitment
Explanation: Social commitment is defined as the commitment or burden of the members of a society, whether they are members of a group or as individuals.
When there is a social commitment, people agree and reach a decision in order to fulfill what has been agreed. Regardless of the decisions that have been made as a group, once they are made it is important that they are followed and that everyone does their part.