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Natali5045456 [20]
4 years ago
6

Lars, a shoe salesman, is paid every two weeks, whereas Tom receives a commission for each pair of shoes he sells. Evidently, La

rs is paid on a _______ schedule of reinforcement, and Tom on a ______schedule of reinforcement.
Business
1 answer:
alekssr [168]4 years ago
3 0

Answer:

Lars is paid on a <u>FIXED INTERVAL</u> schedule of reinforcement, and Tom on a <u>FIXED RATIO</u> schedule of reinforcement.

Explanation:

A fixed interval payment schedule refers to being paid after a set amount of time. In this case Lars gets paid an amount every two weeks.

A fixed ratio payment schedule refers to being paid a fixed percent of the total sales made. In this case, Tom is paid a certain commission for every pair of shoes that he sells.

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Any given demand or supply curve is based on the ceteris paribus assumption that ___________________.
Naily [24]

Answer:

All else is help equal, is the right answer.

Explanation:

“All else is help equal” is the correct answer because the demand curve is downward sloping and the supply curve is upward sloping. Here, the relationship between the price and demand is negative that means a rise in price leads to a fall in demand or vice versa. Similarly, in the case of supply, the price and supply are positively related that means a rise in price leads to a rise in supply or a fall in price lead to a fall in supply.  

8 0
3 years ago
A firm uses the chase strategy of aggregate planning. It produced 1000 units in the last period. Demand in the next period is es
Maksim231197 [3]

Option E is correct.

<u>Explanation:</u>

Case strategy focuses on to produce only such amount of goods that is ordered by the customers. In the chase strategy of aggregate planning, demand and capacity are matched for every period, one by one. In the given problem, since the firm is using the chase strategy, it would first match demand and capacity for the next period.

Since the demand for the next period is 1100 units, and the firm produced 1000 units in the last period, it would require more workers to cater to the additional requirement of 100 units.

By hiring workers, the firm would be able to match the demand and supply for the next period.

4 0
3 years ago
For most normal goods the income effect and the substitution effect work in the same direction; so when the price of a good fall
bezimeni [28]

Answer:

The income effect and substitution effect work in opposite directions and income effect is dominant.

Explanation:

In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.  

The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.  

In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.  

A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.

8 0
3 years ago
In 2014, the United States defined poverty as the state in which anyone is surviving on less than $1. 25 a day. $5. 25 a day. $1
SIZIF [17.4K]

In 2014, the United States defined poverty as the state in which anyone is surviving on less than  $32.00 per day.

<h3>What are the measures of poverty?</h3>

Poverty can be measured with current income  condition of an individual to fulfil the basic necessities of life. It focuses on poverty measures such as income, food, and housing access, among others.

It is calculated by keeping in mind three factors which are as follows-

·         Basic needs of individual

·         Income before paying tax

·         Inflation or change in the price of goods and services

The physical poverty model is widely used in income poverty surveys to assess lack of access to financial opportunities, to meet basic fundamental requirements. If a person's earnings is insufficient to purchase the amount of goods and services used to define poverty, they are considered poor.

In 2014, United States considered people as below poverty lines whose daily earning is less than $32.00 per day.

Learn more about poverty refers to:

brainly.com/question/25892577

#SPJ1

8 0
3 years ago
ABC provides music for special occasions. On January 14, the Smith family hired ABC for an upcoming family wedding for an agreed
OLga [1]

Answer:

Debit Cash account (with the amount received)

Credit Accounts receivables (with the amount received)

Explanation:

Revenue is not recorded until the recognition criteria for the recognition of  revenue has been met and this includes;

  • the corresponding cost incurred in generating revenue can be reliably measured
  • the goods or service has been delivered

Given that the service was performed in May, when half of the fee was received in April, the required entries then was

Debit Cash account

Credit Unearned revenue (with the amount received being half payment)

when the service was performed in May,revenue was earned

Debit Unearned revenue (with the amount received being half payment)

Debit Accounts receivable  (with the amount yet to be received being half payment)

Credit Revenue (with the amount agreed for the service)

In June when the final payment is received,

Debit Cash account (with the amount received)

Credit Accounts receivables (with the amount received)

3 0
3 years ago
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