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Nuetrik [128]
3 years ago
11

Jake manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash. On payday, he immediately g

oes out and buys as many goods as he can for himself for the next two weeks in order to prevent the money in his wallet from losing value. What he can't spend, he converts into a more stable foreign currency for a steep fee. This is an example of the of _______. a. menu costs
b. shoe-leather costsc. unit-of-account costsd. inflation.
Business
1 answer:
poizon [28]3 years ago
7 0

Answer:

The given condition is an example of:

A. Menu costs

Explanation:

In the given question mentioning data is that

Jake is been managing a grocery store in any country which is experiencing high rate of inflation. He is mentioned to be paid in cash.

On his very payday he went outside immediately and bought as many goods as he could for himself as he was going to get his pay today and was needing those items.

So, he thought of buying all the items he is needing as for the next two weeks  in order of prevention of the money in his wallet from losing value due to high inflation rates.

And at last what he couldn't spend on buying for all that amount he converted that amount into most stable foreign currency for being used as a steep fee.

So all this were an example of :

A. Menu costs

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Where does Hewitt’s leadership fall on the Managerial Grid discussed in the chapter? (5 marks) (b) What deficiencies or shortcom
nikdorinn [45]

Answer:

The Hewitt's leadership falls on the the Middle of Road Management, which is carefully assessed, realistic and in turn creates a balance between concerns for people and production.

The shortcomings of this leadership are, Failure to motivate and inspire people, lack of passion and enthusiasm, Inability to keep workers.

Explanation:

Solution:

(a) The leadership of Hewitt fall towards the Middle of Road Management at 5,5 points, as it is well realistic, carefully assessed or adjusted, and satisfies the concerns for the people and production.

(b) The shortcomings or defaults discovered in Hewitt's Leadership is stated as follows:

  • The failure to motivate and inspire people
  • The Inability to retain employees or workers
  • The lack of passion and willingness or zeal
  • The lack of appreciation on employee or individual
5 0
3 years ago
Hawk Corporation purchased 10,000 Diamond Corporation bonds in 2015 for $61 per bond and classified the investment as securities
Pavel [41]

Answer:

Explanation:

In this question ,we take the difference of the per bond value based on the year. The computation is shown below:

During 2015 to During 2017:

= Number of bonds purchased × (December 31, 2017 value - 2015 value)

= 10,000 × ($92 - $61)

= 10,000 × $31

= $310,000

During 2018:

= Number of bonds purchased × (December 31, 2018 value - 2017 value)

= 10,000 × ($146- $92)

= 10,000 × $54

= $540,000

So, the total amount would be

= $310,000 + $540,000

= $850,000

This amount which reflect in the income statement as a realized gain

6 0
3 years ago
Requirement 1. Fill in the missing amounts. Begin by completing the income statement.
Tcecarenko [31]

Answer:

Excerpt from Duty, Honor, Country / Every Man a King

General Douglas MacArthur / Huey P. Long

Duty, Honor, Country / Every Man a King

By: General Douglas MacArthur / Huey P. Long

Excerpt of Duty, Honor, Country

General Douglas MacArthur

.  

Explanation:

4 0
3 years ago
Charles is a stay-at-home parent who lives in New York City and teaches tennis lessons for extra cash. At a wage of $25 per hour
Margaret [11]

Answer:

2.75, elastic.

Explanation:

Measure labor supply elasticity of Individual T's as follows :

              \bf Elasticity=\frac{Percent \;change\;in\;labour\;hr}{\frac{Average\;labour\;hour}{\frac{Percent\;change\;in\;wage\;price}{Average\;wage\;price} } }

                                \bf =\frac{16-6}{\frac{16+6}{\frac{2}{\frac{35-25}{\frac{35+25}{2} } } } }

                                \bf=\frac{10}{\frac{11}{\frac{10}{30} } }

                                \bf=\frac{0.91}{0.33}

                                =2.75

Therefore, the elasticity of the labour supply of Individual T's is approx. of earnings per hour. <u>2.75</u>, meaning that the work supply of Person T's is <u>elastic</u> across this wage range

4 0
3 years ago
A baseball player's son is quite talented; he has received lots of awards over the years. when he gets up to bat, he expects to
kykrilka [37]
He is a determined young man that gives his best in all the things he does in playing baseball. He displayed this quality during his play. A positive thinker that believes in his talent. I think Bandura showed a lot from this characteristic that made him win awards most of the time.
7 0
3 years ago
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