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TEA [102]
3 years ago
6

ou are a producer of cold medicine. Last month, a flood at your factory eliminated 50% of your firm’s production capability. At

the same time, your compensation costs increased by 5% because of an increase in healthcare costs. What is the consequence of these events?
Business
1 answer:
Scilla [17]3 years ago
6 0

Answer:

The flood shifts the supply to the left.

The increase in healthcare costs shifts the supply curve to the left.

Explanation:

An increase in the cost of production inputs (increase in health costs) or a decrease in the availability of resources (the flood reduced the firm's production capability), will shift the supply curve to the left.

A leftward shift of the supply curve will lower the quantity supplied and will increase the price of the good at every level of demand.

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"If your manager assumed that you are motivated by money and offered incentive pay so that you would earn more money if you did
Bingel [31]

Answer:

Carrot Approach

Explanation:

There is much more efficiency if the worker has self incentive.

Incentive can be by carrot or stick approach , implying positive motivation incentive & negative motivation respectively.

Carrot Approach / Positive Motivation : is offering some monetary or perks benefit, if worker attains desirable targets .

Stick Approach / Negative Motivation : is giving some sort of punishment , if worker fails to attain desirable targets .

Eg - Extra incentive salary (as given) is carrot Approach based on positive incentive .

Cutting salary is stick approach based on negative incentive .

4 0
3 years ago
A rich donor gives a hospital $100,000 one year from today. Each year after that, the hospital will receive a payment 5% larger
wariber [46]

Answer:

D) $779,843.27

Explanation:

The present value of this donation = Donation in Year 1/(1+ discount rate)^9 + Donation in Year 2/(1+ discount rate)^8 + ….. + Donation in Year 2/(1+ discount rate)^1

= $100,000/(1+9%) + $100,000*(1+5%)/(1+9%)^2 +$100,000*(1+5%)^2/(1+9%)^3…. +$100,000*(1+5%)^9/(1+9%)^10 = $779,843.27

Or we can easily input in excel and generate NPV as file attached; in which the formula is NPV(discount rate, cash inflow year 1 : cash inflow year 10) = (9%, 100000,100000*(1+5%)….,100000*(1+5%)^9) = $779,843.27

Download xlsx
5 0
3 years ago
Mike Klein lives in a state with an income tax rate of
ira [324]
The answer is 15.989 (15.99 rounded up).

456.85*3.5=1598.975

1598.975/100=15.98975
6 0
1 year ago
Which interest-bearing account is best for people who won't need access to their money for several months or longer?
Alecsey [184]
The answer is A. 
CD(<span>Certificate of Deposit)</span> is similar to a saving account, but it has additional perks. There is a minimum amount of money you have to deposit and you have to deposit that money for a certain amount of time (term). CDs have better interest rate than savings accounts, but if you withdraw your money before the term you pay penalties.
This makes them a good option for people have some extra money that they won't need in a near future.
3 0
3 years ago
HELP PLEASE!!! YOU ARE TRYING TO DETERMINE HOW LONG TO STUDY FOR THIS EXAM. EXPLAIN ECONOMICALLY.
Natalija [7]

Answer: What kind of exam is it? Study as long as you can if its flashcards or practice problems.

Explanation:

This is the best way to study

7 0
3 years ago
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