When a manager does the above then it is likely that they subscribe to the <u>Theory X </u>leadership philosophy.
<h3>What is the Theory X philosophy?</h3>
- It believes that workers are lazy and not willing to be responsible for work.
- Believes that workers need to be constantly motivated to work.
By being highly motivational and giving clear responsibilities so that the workers don't have to think for themselves, this manager most likely believes in Theory X.
Find out more on Theory X at brainly.com/question/25636257.
The full question is:
A farm grows soybean and produces chickens. The opportunity cost of producing each of these products increases as more of it is produced.
The farm adopts a new technology which allows it to use fewer resources to produce soybean.
With the new technology, the opportunity cost of producing a chicken _____ because _____ soybeans must be forgone to produce a chicken.
Answer:
increases; more
Explanation:
Opportunity cost is the forgone alternative when a particular line of action is undertaken. For example in the given scenario more production of chicken will lead to loss of soyabean production and vice versa.
So when there is production of more chicken more opportunity cost is incurred because more of soyabean production is forgone in order to produce the chicken.
Economists consider opportunity cost seperately from the actual cost incurred in taking up a particular activity.
Answer:
a. The United States
should produce computers since its opportunity cost is higher.
Explanation:
The United States' computer intercept is 2,000,000 computers and its medical device intercept is 400,000 medical devices.
- opportunity cost of producing 1 computer = 2,000,000 / 400,000 = <u>5 medical devices</u>
- opportunity cost of producing 1 medical device = 400,000 / 2,000,000 = 0.2 computers
The Japanese computer intercept is 1,000,000 computers and its medical device intercept is 500,000 medical devices.
- opportunity cost of producing 1 computer = 1,000,000 / 500,000 = 2 medical devices
- opportunity cost of producing 1 medical device = 500,000 / 1,000,000 = 0.5 computers
The statute of limitations generally ends three years from the laterof (i) the date the tax return was actually filed (3 years from February 10th of this year) or (ii) the tax return’s original due date (3 years from April 15th of this year).Accordingly,<span>Latoya’s statute of limitations for the tax return will end 3 years from April 15th.</span>
