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almond37 [142]
4 years ago
10

A day care program frequently has a few parents picking up their children late. In an attempt to curb this, the daycare decides

to charge a fine to parents who are more than 10 minutes late. However, after the fine was implemented, the number of late parents increased. Which of these conclusions can be true?
1)The fine eliminated the non-financial incentives to be on time


2)The fine was not high enough to discourage being late


3)The fine was perceived as a price


4) All of the above
Business
2 answers:
alexandr1967 [171]4 years ago
5 0

Answer:

4) All of the above

Explanation:

The day care program should have rewardedbeing on time to encourage this attitude.

Instead they put a price on being late. As parent considers this price cheap they arrive later to have some extra time beofre picking their childrens

Either the day care program reconsiders the fine policy and moves into a better program to estimulate being on time or it increases the "price" so is more expensive for the parents to come in time rather than paiying their fines.

Sav [38]4 years ago
4 0

Answer:

The correct answer is number (4): All of the above.

Explanation:

<em>The fine eliminated the non-financial incentives to be on time </em>and <em>the fine was perceived as a price </em>because parents possibly felt guilty for picking up their children late but no punishments were given before the penalty. Since it was introduced, parents may consider it a fair trade for being late and are willing to pay the penalty.

Besides, it is possible that <em>the fine was not high enough to make parents change their behavior</em> because instead of decreasing the number of parents picking up their children late, the penalty increased it.

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Carmel Corporation is considering the purchase of a machine costing $47,000 with a 7-year useful life and no salvage value. Carm
Nitella [24]

Answer:

$23,500

Explanation:

The average accounting rate of return is the rate of return on the investment in the project considering the average annual net income and the average amount of investment made in the project.

In other words, it is the average annual net income expressed as a percentage of the average investment as shown below

average accounting rate of return =average annual net income / average investment.  

average investment=(initial capital outlay+book value of the project at end of useful life)/2

initial capital outlay=$47,000

book value of the project at end of useful life=$0

average investment=($47,000+$0)/2

average investment=$23,500

3 0
3 years ago
Cullumber Company incurred $800000 of research and development costs in its laboratory to develop a new product. It spent $15000
cricket20 [7]

Answer:

$212,000

Explanation:

Calculation to determine the total amount that should be debited to Patents through July 31, 2017

Using this formula

Total amount debited to Patents=Legal fees for patent+Legal fees in a successful defense of patent

Let plug in the formula

Total amount debited to Patents=$150,000+$62,000

Total amount debited to Patents=$212,000

Therefore the total amount that should be debited to Patents through July 31, 2017 is $212,000

4 0
3 years ago
MBO provides individual employees with ________. predefined targets generalized feedback clear-cut growth paths personal perform
fgiga [73]

Answer:

Personal performance objective

Explanation:

Management by objectives (MBO) is a strategic management model that is targeted at increasing the efficiency of an organization by clearly stating the objectives that are agreed to by both management and employees. According to the theory, having a say in goal setting and action to be carried out encourages participation and devotion among employees.

3 0
3 years ago
Read 2 more answers
Your job is to submit a risk diagnosis to the Centers for Medicare &amp; Medicaid Services (CMS) for the purpose of payment. As
kotegsom [21]

Answer:

Report the incident to the compliance department (via compliance hotline or other mechanism)

Explanation:

Since in the question, it is mentioned that the you have to submit a diagnosis risk to CMS with respect to the payment also you need to check whether the data is correct or not

But at the same time you also ignored the process so here you need to report the situation to the compliance department so that the proper actions could be taken

3 0
3 years ago
Demand and cost information for a monopoly
sattari [20]

Question:

Please see the Demand and Cost information reproduced in the attached table

Answer:

The correct choice is A)

Profit if maximized where price is equal to $20.

At this price, MR = MC.

Please see the attached PDF.

Explanation:

The profit-maximizing choice for the monopoly will be to produce at the quantity where marginal revenue is equal to marginal cost:

That is, the point where MR = MC.

If the monopoly produces a lower quantity, then MR > MC at those levels of output, and the firm can make higher profits by expanding output.

Cheers!  

8 0
3 years ago
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