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AfilCa [17]
3 years ago
6

Suppose lawyers seek legislation to limit the use of computer software that enables people to use their personal computers to se

lf-prepare their own wills, trusts, and other legal documents. This is an example of:________
a. logrolling

b. the principal-agent problem

c. rent-seeking behavior

d. limited and bundled choices
Business
1 answer:
Harman [31]3 years ago
6 0

Answer:

c. rent-seeking behavior

Explanation:

In economics, rent-seeking behavior can be described as a behavior or conduct that tries to increase the share of an economic agent or an entity from the existing wealth without adding or creating new wealth. This implies that the entity aims to obtain added wealth without creating a new one.

From the question, the aim of the lawyers is mainly to increase their own wealth in terms of legal fees they will collect from preparing wills, trusts, and other legal documents when they prepare them for people when a law restrict people from self-preparing it using their personal computers. In turn, the lawyers will only increase their share of wealth without adding any wealth.

Therefore, this is an example of rent-seeking behavior.

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______ are typically a function of the performance of the organization and are less dependent on the perceived performance of th
iragen [17]

Answer:

A. Bonuses

Explanation:

A bonus is a type of compensatory amount given to the employees as a form of appreciation. The performance of the employees are considered and the bonus is provided to them based on their contribution. These are mainly provided on special occasions, especially when a sound revenue is generated in the company. Giving a bonus to the employees helps in building a bond among the employee and the company.

7 0
3 years ago
The point that each glass of lemonade consumed on a hot day brings lower and lower levels of satisfaction is known as the princi
givi [52]

Answer:

decreasing marginal benefit.

Explanation:

A consumer measures the amount of satisfaction gained by consuming a product in making a buying decision.

When a person comes a product his satisfaction increases up to a point, and from that point as consumption increases the satisfaction derived reduces.

Consumption after this point is known as decreasing marginal benefit to the customer.

This affects the customer's willingness to buy more of this product. Patronage of lemonade will reduce as the customer looks for another product to satisfy his needs.

8 0
3 years ago
MakeYourClick is an online ad agency, which is known for its ability to create ads that lure customers to purchase. Brenda, an e
Yanka [14]

Answer: Competitive Click Fraud

Explanation:

 The competitive click fraud is is one of the type internet based fraud in which the computer program are generated the scripts by clicking on the given ads by using the PAY PER CLICK process that generate the cost or some fee.

According to the given question, the competitive click fraud is reduce the overall conversion rate and also skewed the information or the user data in the business. Brenda is charged the advertisement cost by clicking on the given link so Brenda has basically committed the competitive click fraud.  

 Therefore, Competitive Click Fraud  is the correct answer.

3 0
3 years ago
The Nautical Corporation manufactures custom-made wood wall units. The following data pertains to Job X4A: Direct materials plac
Leokris [45]

Answer:

Total Cost of Job X4A:                                             $

Direct material cost  ($9,000 x 500 units)              4,500,000                              

Direct labour cost (300 hrs x $15 x 500 units )       2,250,000

Overhead applied (100 hrs x $22.50 x 500 units)  1,125,000

Total cost                                                                    7,875,000

Explanation:

The total cost of Job X4A is the aggregate of direct material cost, direct labour cost and overhead applied. Overhead is absorbed on the basis of machine hours. Thus, we will multiply the overhead rate by machine hours and number of units produced.          

7 0
4 years ago
All of these factors affect supply EXCEPT:
Elanso [62]

Answer:

it is b

Explanation:

because a net worth of a company will mot affect

5 0
2 years ago
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