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Naya [18.7K]
3 years ago
6

Edgar hired a graduate from his alma mater, thinking he would be a successful first line supervisor. Unfortunately the new hire

hasn't worked out as well as hoped. Edgar decided to invest time and money in training for the new hire but saw little improvement. Next he assigned a successful supervisor to mentor the young employee. The problems persisted. Edgar is displaying ________.a) bounded rationalityb) irrational behaviourc) poor judgmentd) escalation of commitment
Business
1 answer:
neonofarm [45]3 years ago
6 0

Answer:

D) Escalation of Commitment

Explanation:

Based on the information provided within the question it seems that Edgar is displaying a behavioral pattern known as Escalation of Commitment. This refers to displaying a positive behavior and continuing a strict and confident set of actions regardless of continuously facing negative outcomes. Which is what Edgar keeps displaying despite seeing little to no improvement in his employees.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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in the cost approach to valuation, land value can be estimated by comparing sales of vacant land that are similar to the subject
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The statement "in the cost approach to valuation, land value can be estimated by comparing sales of vacant land that are similar to the subject land" is true.

<h3>What is valuation?</h3>

Valuation is an estimation of the price of a good or a product. When a product is manufactured, its evaluation is estimated. It is estimated by seeing the manufacturing price, labor cost, and raw material cost.

Here, the valuation of vacant land and subject land is estimated, which is similar by seeing the comparison. So the statement will be correct about the comparison.

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brainly.com/question/16008101

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2 years ago
What is one explanation for why this labor supply curve is upward sloping over the range of wages from low wage to high wage?
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The labour supply curve of any occupation will always be upward sloping because when wages, (the opportunity cost of leisure) rises, the more hours of leisure a staff will relinquish to do more work.  

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Opportunity costs will reduce with a consequent reduction in average wages. When fewer people want to retain their employment due to decrease in wage rates, it would lead to a fall in demand for leisure.  

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