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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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You are a financial adviser working with a client who wants to retire in eight years. The client has a savings account with a lo
max2010maxim [7]

Answer:

$283,005

Explanation:

The computation of the additional money that she deposited now is shown below:

As we know that

Future value = P × FV (7%, 8 Years)

Here

Future value = $1,005,500,

P represent the deposited amount

and FV (7%, 8 Years) is the future value (FV) of $1 at 7% for 8 years. Its value is to be determined from future value table.

From the table, the value of FV (7%, 8 years) is 1.7182.

Now

$1,005,500 = P × 1.7182

P = $1005500 × 1.7182

P = $585205

Now

The Additional deposit amount is

= $585,205 - $302,200

= $283,005

4 0
3 years ago
The "liability of foreignness" is the: a. political disadvantage that U.S. firms have when doing business abroad. b. inability o
faust18 [17]

Answer:

d. risk of participating outside a firm's domestic markets in the global economy.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

The "liability of foreignness" is the risk of participating outside a firm's domestic markets in the global economy. It comprises of the costs that a business firm operating outside its home country incurs as compared with local firms operating in the same country.

5 0
2 years ago
​fresh harvest company, which is based on georgia, packages and sells vegetables. jack, who is a resident of north carolina, buy
erastovalidia [21]
<span>This means that the two states involved will lead to concurrent jurisdiction between the federal and state courts. This could lead to Jack looking for the court that will give him the most favorable ruling against the business for selling a defective product.</span>
7 0
3 years ago
Esteem needs are the highest level in Maslow's hierarchy of needs. True False
Anit [1.1K]

Answer:

False

Explanation:

Maslow's hierarchy of needs is a motivational theory which passes through five types of needs that are presented below:

1. Physiological needs: These are the needs which are for survival i.e food, cloth, home, air

2. Safety needs: This need represents security and safety with respect to personal, financial, etc.  

3. Social needs: These needs depicts that an individual is interested in social groups or not. It helps the person not to feel isolated, alone, etc

4. Esteem needs: The esteem needs represent the respect he or she getting  

5. Self-actualization needs: As the name suggests, it is self-actualizing so that the person gets to know about his potential

The chart shows from 5 to 1 i.e self actualization to physiological needs

7 0
3 years ago
Last month, when 10,000 units of a product were manufactured, the cost per unit was $60. At this level of activity, variable cos
anastassius [24]

Answer:

Total cost per unit will decrease.

Explanation:

Solutions:

Variable cost is 0.5 of the total cost

Given that total cost=fc+vc

Find FC since VC is given

Therefore :

1st month cost behavior

$60*0.5 = $30

$300,000/10,000 = $30 (fixed)

2nd month cost behavior

$300,000/10,500 = $28.57(fixed)

Add the different months together

Then have

30+28.57 = 58.57 < 60

7 0
3 years ago
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