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1 year ago

In introducing the opportunity cost of time into the theory of consumer behavior, we find that, all else equal:______.

1 answer:

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In introducing the opportunity cost of time into the theory of consumer behavior, we find that, all else equal one should consume less of time-intensive goods.

Opportunity cost of time is actual cost of the time lost in performing one activity instead of another. In other words it is the loss of the time done in choosing an opportunity between the two.

One should consume less time intensive goods because it will save more time.

Theory of consumer behavior is the study of how the people decide to spend their money in the given choices to them according to the budget constraints and individual preferences.

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Roberta, a store manager, uses her coercive power effectively to motivate employees. because of her coercive power, roberta woul

sp2606 [1]

Given that <span>Roberta, a store manager, uses her coercive power effectively to motivate employees. because of her coercive power, Roberta would be able to fire a subordinate.

</span><span>Coercive power is the ability to influence someone's decision making by taking something away as punishment or threatening punishment if the person does not follow instructions. It can be a severe way to get staff members to follow along with a company plan, but it can be necessary in some cases.</span>

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3 years ago

A company has two departments, Y and Z that incur wage expenses. An analysis of the total wage expense of $19,000 indicates that

Xelga [282]

Answer:

Departmental wage expenses for Dept. Y = 8,750 and Dept. Z = 10,250.

Explanation:

Direct wages of Y and Z sum 2,000 + 3,500 = 5,500. The remaining expenses are the difference between total wage expense and direct wage expenses. That means indirect expenses are 19,000 - 5,500 = 13,500. These has to be allocated half for each department.

Dept Y expense is 2,000 + 13,500/2 = 2,000 + 6,750 = 8,750

Dept Z expense is 3,500 + 13,500/2 = 3,500 + 6,750 = 10,250

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3 years ago

A ____________ would be a misconfiguration of a system that allows the hacker to gain unauthorized access, whereas a____________

Murrr4er [49]

Answer:

Vulerability and Risk

Explanation:

Uncertainity is the vulnerability of an outcome and is not quantifiable whereas the risk is that the firm will be affected by an outcome which is quantifiable. So here the vulnerability of a system is its misconfiguration that has a loophole which would affect the firm and the hacker can hack these systems easily. Whereas the risk that the hacker will exploit the misconfiguration opportunity, such a hack using system misconfiguration is quantifiable and can be measured from past data and system configuration and security measures.

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3 years ago

You want to acquire a graphic design project. Describe how you will exhibit your public relations skills and interact with the c

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Answer:

First and foremost, to get any job, I would have to be sincere, transparent, honest, look in the eye, have a firm handshake, be assertive in my actions and dialogue. For getting that particular project, I would show my portfolio of prior jobs, showing the quality and identity of my work. I could give references to past employees and, if I was a freelancer at some point, could describe how I got those jobs, showing how good my professional network could be. I could as well, given this time and age, show my social media and tell about my newest courses, showing that I’m on par with the latest on the graphic design industry. Lastly, dressing properly, being kind and solicit can go a long way in getting a job.

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3 years ago

On January 1, a company issued 6%, 10-year bonds with a face amount of $60 million for $55,736,520 to yield 7%. Interest is paid

Olegator [25]

Answer:

Effective interest on June 30 on a 6% $60 million bond at 7% effective rate is $1,950,778

The interest is treated in the books of account thus:

Debit interest expense $1,950,778

Credit Bond account $1,950,778

Explanation:

The effective interest is computed using the below formula

Amount x Effective Rate (%) = Interest Expense

Amount=$55,736,520

Effective rate =7%/2 =3.5% semi-annually

Interest expense=$55,736,520*3.5%

Interest expense=$1,950,778

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2 years ago