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Oduvanchick [21]
3 years ago
15

A group of business entrepreneurs who worried about their teenage children drinking and driving decided there must be some way t

o approach this problem proactively. They came up with an idea for a pair of blurry goggles. They believed looking through the goggles would simulate what the world looks like when someone is seriously intoxicated. The first crude pair of blurry goggles developed by the entrepreneurs to show to prospective customers was a(n):
A) prototypeB) component partC) synergistic modelD) ideationE) patent
Business
1 answer:
marissa [1.9K]3 years ago
7 0

Answer: A) Prototype

Explanation:

The first model shown to entrepenuers are called prototypes

proto- before

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A worker can choose high (H) or low (L) effort. If the worker chooses high effort, she incurs a personal cost of 1. In this case
Nitella [24]

Answer:

B. No, because for any bonus offered, the worker will claim to have exerted high effort.

Explanation:

This question required some basic reasoning about how human beings function. We all like to receive things from others, and if they are free (or without cost or effort) the more we like them. And we all believe that good things should happen to us and that we are entitled to receive good things. That is the basic reason why jealousy and envy exist.

Now, back to our case. If the company simply hands out bonuses to everyone regardless of their personal effort, every single worker will be convinced that they really deserve the bonus. Even if the worker didn't even try to do his best or didn't do anything right at all, he/she will be convinced that they deserve the bonus. Each and every single worker will claim that the reason they are receiving the bonus is due to their work. Everyone will say that they worked hard and their work was good.

Imagine this happened at school. One day, the teacher decides to give As to half the class in alphabetical order (or any other random way). The half that got the As will believe that they deserved the As while the other half will be very unhappy. If everyone got As, then everyone will be convinced that thy got As because they deserved them.

5 0
3 years ago
In which book of prime (original) entry are invoices issued by a trader recorded?
Svetllana [295]

Answer:

sales daybook

Explanation:

issued to credit customers

6 0
4 years ago
If the price elasticity of supply is 0.4, and a price increase led to a 5% increase in quantity supplied, then the price increas
nasty-shy [4]

Answer:

d. 12.5%.

Explanation:

Price elasticity of supply measures the degree of responsiveness of quantity supplied to changes in price.

If the price elascitiy of supply is 0.4, it indicates that supply is inelastic. This means that a change in price has little effect on quantity supplied.

Price elasticity of supply = percentage change in quantity supplied / percentage change in price

0.4 = 5% / percentage change in price

percentage change in price = 12.5%

I hope my answer helps you.

8 0
3 years ago
A good economic theory___________.
Ray Of Light [21]

Answer:

The correct answer is B

Explanation:

Economic theory is the theory which states or trying to explain the phenomena of economics, how the economy behaves, interpret the reason and what is the best solution to the economic problem- how to influence the economic theory.

All the theories of the economic, used to explain the particular problems or the situation in the economy through its model.

So, the good economic theory would be the one which comprise of the simplification of reality.

3 0
3 years ago
Should protesting be allowed at Biden’s inauguration?
Fudgin [204]

Answer:

Explanation:

No, He deserves a peaceful inauguration.

3 0
3 years ago
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