Answer: esteem needs
Explanation:
The Abraham Maslow's hierarchy of needs is a five tier model that illustrates human needs.
In ascending order, they are - physiological needs , safety needs, love and belonging, esteem needs and self actualization.
Esteem needs include respect, self esteem, recognition, strength and freedom.
Amir wants to be recognised for his work. This illustrates his esteem needs.
Answer:
(a) $1,760
(b) $1,100
Explanation:
Given that,
Skysong, Inc. made three purchases of merchandise:
(1) 320 units at $5
(2) 420 units at $7
(3) 520 units at $8
Units on hand at the end of the period = 220
(a) Under FIFO method,
cost of ending inventory:
= Units on hand at the end of the period × $8 (From the last purchase)
= 220 × $8
= $1,760
(b) Under LIFO method (Comprise units from the first purchase),
cost of ending inventory:
= Units on hand at the end of the period × $8 (From the first purchase)
= 220 × $5
= $1,100
The cost structures of a monopoly have the same relationships among fixed costs, variable costs, marginal costs, and average cost values as pure competition.
Profits for the monopolist, like all organization, can be identical to total revenues minus total costs. The sample of costs for the monopoly may be analyzed inside the identical framework because the costs of a perfectly competitive firm—that is, with the aid of using using total cost, fixed cost, variable cost, marginal cost, average cost, and average variable cost.
However, due to the fact a monopoly faces no competition its situation and its choice method will fluctuate from that of a superbly aggressive organization.
<h3>What is Monopoly Price?</h3>
A monopoly price is set by a monopoly. A monopoly occurs when a firm lacks any viable competition and is the sole producer of the industry's product. Because a monopoly faces no competition, it has absolute market power and can set a price above the firm's marginal cost. Since marginal cost is the increment in total cost required to produce an additional unit of the product, the firm can make a positive economic profit if it produces a greater quantity of the product and sells it at a lower price.
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Answer:
Juanita will minimize the cost of the dress if she buys it from the Local Department Store
Explanation:
Every 15 minutes cost $14 for Juanita according with the information you should calculate every moved from the work to the shop and multiply by 2 because Juanita spend the same time in every journey.
Every journey and the price of the dress shlud be calculated with the next formula:
= (time by journey * 2*$14) + (the equivalent of 30 minutes shooping)+ dress price
= Local Department Store= (15*2*$14)+($28)+ $100 =$156
=Accross Twon = (30*2*$14)+($28)+ $86 =$ 158
=Neighboring City = (60*2*$14) +($28) +$63 =$199
If the bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20% then the bank has excess reserves of $400000.
Given that bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20%.
Required reserve ratio is basically a percentage of deposits to be kept by the bank with them.
We are required to find the find the bank's reserve position.
Bank's reserves=$1000000.
Checking deposits=$3000000
Required reserve ratio=20%
Reserves required according to the checking deposits=3000000*20%
=$600000
Actual reserves=$1000000
Excess reserves=Actual reserves -Reserves required
Excess reserves=1000000-600000
Excess reserves=$400000
Hence if the bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20% then the bank has excess reserves of $400000.
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