a. Incentive to work increase
b. This change increase efficiency but decrease equality
Explanation:
a. Reduction of welfare benefits period increasing employment opportunities. Job prospects are diminished now (profit).
b. This bill reform would reduce the distortion created by the benefit program (disincentive to work) and thus improve efficiency.
At the same time, though, the move will reduce the Program's effect on poverty reduction and indirectly on social inequality.
The reform can therefore represent a balance between productivity and equity.
Answer:
The definition of proprietorship is the state of owning a business or holding property. The major drawback or a proprietorship is that there is no separation assets and personal assets.
The level of productivity is now approximately 40.6 boxes/hr
<h3>
What is Productivity</h3>
Productivity refers to a ratio between a output volume and volume of input.
<u>Given data</u>
Working hours = 2*8 hours = 16 hours
New productivity = 500 + 0.3*500
New productivity = 650 box/day
New productivity =650/16 box/hour
New productivity = 40.625 box/hour
Hence, the level of productivity is now approximately 40.6 boxes/hr
Therefore, the Option B is correct.
Read more about productivity
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Answer:
The correct answer is A.
Explanation:
Giving the following information:
Standard cost= 6.90 per ounce
Standard quantity= 4.8 ounces per unit
Actual output 2,100units
Actual price of raw materials $7.80 per ounce
Actual cost of raw materials purchased $81,900
Raw materials used in production 10,090 ounces.
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (6.9 - 7.8)*10,090= $9,081 unfavorable
Answer:
The right answer is option (D).
Explanation:
According to the scenario, the most appropriate answer is option (D) because systematic study can be defined as the study of social relationships and behavior and making a decision on the basis of data collected.
While the other options are not that appropriate because of the following reasons:
- The organizational study can be defined as the study when a person organizes a process which results in boosting the social relation.
- Intuitive study shows the concept of making decision immediately without going deep on data collected.
- Theoretical study shows the concept of study anything very theoretic and than makes the decision.
- Case-based study shows the concept of study which checks though the results of similar cases to make any decision.