Answer:
Participative leadership style
Explanation:
Path goal theory is a leadership theory that specifies the leadership style that should be used in an organization to achieve a goal based on the employees and the working environment. The following steps are to be taken based on the path goal theory:
- Determine the employee and environmental uniqueness based on their needs.
- Selecting a leadership style and adjusting this style based on the employees need.
- Focusing on how to motivate the employee to achieve the goal
Participative leadership style is a style in which leaders involves their subordinates by asking them for suggestions before making a decision. This style is best used when subordinates are highly involved and trained.
Answer:
Juan is a small-business owner. He has some cash flow and wants to invest in a new project. Juan’s assistant provides an evaluation and estimates the nominal returns that Juan would earn if he invests in the project. Juan reads the evaluation and makes the decision based on the real terms after factoring in inflation - Yes, this is a good financial decision.
Explanation:
The annual percentage of profit earned on an investment, adjusted for inflation is known as the real rate of return.
The nominal interest rate is the interest rate before taking inflation into account
Inflation reduces the value of money. Thus, calculating a rate of return in real value rather than nominal value, especially during a period of high inflation, gives a clearer picture of an investment's success.
The real rate of return adjusts profit for the effects of inflation, thus, it is a more accurate measure of investment performance than nominal return.
Usually, nominal rates are higher than real rates of return except in times of zero inflation or deflation.
Juan actually considered inflation rate, and made his decision on investment based his on real rate of return , and not nominal rate of return. Thus, he made a good financial decision.
The answer is dependency exemption and the child tax credit. A dependency exemption is an amount of money that can be subtracted from adjusted gross income for having dependents. The personal and dependent exemptions and qualifying family members lessen the amount of income on which will be taxed. In which in effect, these exemptions are the same as deductions while a child tax credit is a non-refundable credit that lessens the liability of a taxpayer on a currency basis which is envisioned to offer an extra measure of tax reprieve for taxpayers with succeeding dependents.
Answer:
b. make fewer than 20 wedding cakes per month.
Explanation
Laura sells 20 wedding cakes per month.
Her monthly total revenue is $5,000.
Marginal Revenue = $5000 / 20 cakes = $250
The marginal cost of making a wedding cake is $300.
<em>In order to maximize profits, Laura should make fewer than 20 wedding cakes per month. </em>
<em>The reason is that Laura's marginal cost is higher than her marginal revenue implying that she is spending more on each item than she is gaining. </em>
<em>By reducing one unit of output she will be gaining more revenue.</em>
<em>
Profit Maximization Rule Definition states that if a firm chooses to maximize its profits, it must choose that level of output where Marginal Cost (MC) is equal to Marginal Revenue (MR) and the Marginal Cost curve is rising. i.e. it must produce at a level where MC = MR.
</em>
<em>Hence Laura has to make fewer cakes</em>
Answer:
Price floor.
Explanation:
Price floor is perfect fit in the scenario given. As price floor is the legal minimum price fixed by government to protect the right of labor or work force from getting expolited at lower price, which will not fulfill the basic need of labor. It vary according to the region or place, such as rural or urban, depending on the cost of living in the region. It help the economy to have growth with equity.