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o-na [289]
3 years ago
14

Tom strongly believes that raising tax rates for the rich is the only way to steer the economy out of a recession because it is

likely to generate greater tax revenue for the government. even when his friend sam pointed at factual information illustrating that the government indeed receives greater tax revenues when tax rates are uniformly low for all americans, tom refused to accept sam's input and change his attitude. interestingly, the input provided by sam further strengthened tom's initial attitude. in this instance, _____ can be said to have occurred.
Business
1 answer:
BabaBlast [244]3 years ago
4 0

The answer to the blank space is a contrast effect. A contrast effect is defined as a psychological bias where individuals are prone to evaluating that a stimulus is more positive because a similar stimulus was previously perceived as negative.

This is what is going on with Tom; despite having been presented information by Sam regarding how low taxes in general creates higher tax revenue, Tom still believes that taxing the rich would generate greater tax revenue to reduce the effect of recession.

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Value-based marketing requires that firms charge a price that customers perceive as giving them a good value for the product the
PilotLPTM [1.2K]

Answer:

True

Explanation:

Value-based marketing is a shift from product centered to customer centered approach. Customer values and ethics are the primary drivers of this strategy.

When value- based pricing is done, the customer's perception of the value of goods and services is taken into consideration.

This is different from basing price on product cost or historical price.

3 0
3 years ago
Employees whose values match the values of the organization they work for generally ________________ than employees whose values
Sholpan [36]

Answer:

Employees whose values match the values of the organization they work for generally SHOW MORE COMMITMENT TO THEIR JOBS than employees whose values don't match the organization.

Explanation:

Workplace values are the guiding principles that are most integral to the way a company works. Simply put, company's values, and the culture they create can spell the difference between success and failure.

The way people behave is deeply rooted in their values, when employees share their company's values, they make more informed decisions and are more committed to their jobs.

Sharing same values with the organization one works with increases the rate of productivity as one tends to be more motivated and dedicated to the job.

Therefore, the answer that best suits the question is that employees whose values match the values of the organization SHOW MORE COMMITMENT TO THEIR JOBS than employees whose values don't match the organization.

6 0
2 years ago
The Fruitiest Candy Company finds that from time to time it needs short-term funds to cover its operating expenses. It wants to
e-lub [12.9K]

Answer:

The answer is: E) set up a line of credit with a bank that offers a revolving credit agreement.

Explanation:

A revolving credit is a credit line where the bank charges a business a commitment fee and allows the business to borrow money and use it only when they need the funds. This type of credit line lets the business decide when to use the money according to their cash flow needs.

7 0
3 years ago
wood county hospital consumed 400 boxes of bandages per week last year. the price of bandages was $80 per box, and the hospital
Evgen [1.6K]

Economic Order Quantity is the optimal level of inventory where the inventory costs are the minimum. EOQ = (2AO/H)^(1/2).

<h3>What is Economic Order Quantity?</h3>

Companies determine their ideal order size by performing a calculation known as the economic order quantity (EOQ), which enables them to meet demand without going overboard. To reduce holding costs and surplus inventory, inventory managers calculate EOQ.

The order size that minimizes the overall holding costs as well as ordering expenses in inventory management is referred to as the "economic order quantity," or "economic buying quantity." One of the first traditional production scheduling models is this one.

The following is the EOQ formula. EOQ is equal to the square root of 2 times demand times ordering cost)/carrying cost. Demand. The EOQ's assumptions state that the demand is unchanged. How much stock is used annually or how many goods are sold annually is the measure of demand.

Learn more about the Economic Order Quantity here:

brainly.com/question/16986815

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7 0
1 year ago
true or false Deflation can be differentiated from disinflation in that the deflation rate is always negative while the disinfla
Ghella [55]

Answer:

True

Explanation:

The deflation arise when there is a decline in the general level of the price in the overall economy. It could be said as a negative rate of inflation

On the other hand, the disinflation arise when the inflation rate is the decline over time but it would remain positive

Therefore the given statement is true

hence, the same is to be considered

7 0
3 years ago
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