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3 years ago

What need theories would explain why lemuel greene was unhappy despite his high income?

1 answer:

7 0

Here is the answer of the given question above.
Based on McClelland’s Theory of Growth Needs, there are three needs which are: need for achievement, need for power, and need for affiliation. In Greene's case which is being unhappy despite his high income, his need for achievement and need for power aren’t fulfilled. Hope this answer helps.

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Warren Porter compares the costs and benefits of current industry testing practices. Which of the following statements does he i

Triss [41]

B increase development cost for new chemical products

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3 years ago

Two individuals who were previously sole proprietors form a partnership. Property other than cash that is part of the initial in

UNO [17]

Answer:

D) Property's fair value at the date of the investment.

Explanation:

When new business is formed from closing the old one, all assets are recorded at fair value.

Thus, all the assets other than cash shall be recorded at their respective fair values in the new business which is a partnership, as the cost or historical value will not display their proportional contributions properly.

Therefore, correct statement is

D) Property's fair value at the date of the investment.

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3 years ago

The factor-price equalization theory and transportation costs Which of the following statements about the factor-price equalizat

abruzzese [7]

Answer:

B and C

Explanation:

The correct statements about the factor-price equalization and the effects of transportation costs are:

Free trade, in the absence of transportation costs or other barriers to trade, tends to equalize product prices and factor prices.
Transportation costs prevent product prices from equalizing.

6 0

3 years ago

If a competitive firm can sell a bushel of soybeans for $25 and it has an average variable cost of $24 per bushel and the margin

Dmitrij [34]

Answer:

reduce output

Explanation:

The marginal cost ($26) is greater than the marginal revenue ($25). In order to maximise profit, marginal cost should he reduced up to the point where marginal cost equals marginal benefit.

A firm should shutdown, reduce production to zero if average variable cost is greater than price but in this question, the firm shouldn't shut down since price ($25) is greater than average variable cost ($24).

I hope my answer helps you

5 0

3 years ago

Crane Roofing is faced with a decision. The company relies very heavily on the use of its 60-foot extension lift for work on lar

Novay_Z [31]

Answer:

The company should replace the equipment.

Explanation:

The cost analysis is calculated as follows;

Retain Replace Net Income

Equipment Equipment Increase (Decrease)

Operating expenses $146,400 0 $146,400

($24,400*6)

Repair costs $39,000 0 $39,000

Rental revenue 0 -$60000 $60,000

($10,000*6)

New machine cost 0 $166,500 -$166,500

Sale of old machine 0 -$24,500 $24,500

Total cost $185,400 $82,000 $103,400

From the calculation above, the equipment should be replaced as it incur a lesser cost compare to when it is retained.

8 0

3 years ago