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4 years ago

What two reasons are given for why wages differ between jobs?

Business

1 answer:

serious [3.7K]4 years ago

3 0

The efficiency of the worker and the level of skill required differ between occupations

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Which tab provides commands for the most commonly used elements in Word software?

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The Home Tab contains the frequently used commands on Microsoft word, for Office Applications Review.

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4 years ago

Elton used a decision rule that says, "only buy well-known brand names" when selecting a television set. he did not look at pric

anzhelika [568]

Answer: C) noncompensatory rule

Explanation:

The non-compensatory rule is used to describe a situation where a person does not believe that the good traits of a product in one area will compensate for perceived bad traits in another area.

For Elton, the good trait is well known brand names and the bad trait is brand names that are not well known. Even if for the brand that is not well known, the price is lower, the discount is higher or the store is well known, these still will not be enough to compensate for the bad trait of not being well known.

3 0

3 years ago

Larry Ellison starts a company that manufactures high-end custom leather bags. He hires two employees. Each employee only begins

HACTEHA [7]

Answer:

12.55 days

Explanation:

Provided information

Number of employees 2

Average production time=1.8 days

Standard deviation=2.7 days

Inter-arrival time= 1 day

Coefficient of variation= 1 day

Standard deviation of inter-arrival time= 1 day

The coefficient of variations

Inter-arrival coefficient of variation

$C_{vi}=\frac {\sigma}{T}$ where $\sigma$ is standard deviation of inter-arrival time, T is inter-arrival time and $C_v$ is coefficient of variation of inter-arrival time

$C_{vi}=\frac {1 day}{1 day}=1$

Production time coefficient of variation

$C_{vp}=\frac {2.7}{1.8}=1.5$

Total utilization time

$U=\frac {T}{n*T_i}$ where T is the time of production, n is number of employees, U is utilization, $T_i$ is inter-arrival time

$U=\frac {1.8}{2*1}=0.9$

Therefore, utilization time by 2 employees is 0.9

Expected average waiting time

$T_e=(\frac {T}{n*T_i})*0.5(C_{vi}^{2}+C_{vp}^{2})*(\frac{U^{\sqrt{2(n+1)}-1}}{1-U})$

Where $T_e$ is expected average waiting time and the other symbols as already defined

Substituting 1.5 for $C_{vp}$ , 1 for $C_{vi}$ , 0.9 for U, 2 for n, 1 for $T_i$ and 1.8 for T

$T_e=(\frac {1.8}{2*1})*0.5(1^{2}+1.5^{2})*(\frac{0.9^{\sqrt{2(2+1)}-1}}{1-0.9})$

$T_e=0.9*1.625*8.583709=12.55367 days$ and rounding off to 2 decimal places we obtain 12.55 days

Therefore, expected duration between order received and beginning of production is approximately 12.55 days

4 0

3 years ago

Which choices are most likely to help you beat your competition by gaining more customers and selling more frozen yogurt? Check

Paraphin [41]

1,3,4,6
Invent a new flavor, combination, or topping.
Place coupons online or in circulars.
Sell shirts, hats, or other merchandise bearing the company’s logo.
Offer a loyalty program that gives customers free frozen yogurt.

8 0

4 years ago

Read 2 more answers

Alpha Products maintains a capital structure of 40 percent debt and 60 percent common equity. To finance its capital budget for

ad-work [718]

Answer:

its weighted cost of capital for the coming year is 9.64%

Explanation:

WACC is the minimum return expected from a project. It shows the risk of the company.

Calculation of WACC.

Capital Source Weight Cost Total

Debt 40% 6.60% 2.64%

Common Equity 60% 11.67% 7.00%

Total 100% 9.64%

Cost of Debt = Market Interest Rate × ( 1 - tax rate)

= 11%×(1-0.40)

= 6.60%

Cost of Equity = (Next year`s dividend/Current Market Price of a share)+Expected growth rate

= ($1.40/$30)+0.07

= 11.67%

8 0

3 years ago