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frez [133]
3 years ago
9

Daniel had been earning ​$67 per hour and working 45 hours per week. Then​ Daniel's wage changes to ​$77 per​ hour, and as a​ re

sult, he now works 40 hours per week. What can we conclude from this information about the income effect and the substitution effect of a wage change for​ Daniel?
Business
1 answer:
lesya692 [45]3 years ago
4 0

Answer:

We can conclude from this information about the income effect and substitution effect of a wage for Daniel is that before he earned 67$ per hour and was working 45 hours a week and then he changed to 77$ an hour and started working 40 hours a week. So with that being said that he makes more money now that he changed to 77$ an hour for 40 hours a week

Explanation:

Because if you do Multiply 65$ X-times 45hourly. You get 2,600. But if you multiply 77$ X-times 40hourly. You get 3,080

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The answer is: D. Backed by gold.

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3 years ago
Question 2 (2 points)
frez [133]

Answer:

C) Classification of products

Explanation:

Advertising is not a means of classifying products.

Advertising is a commercial process of marketing goods and services to a target group of people.

  • Advertising is a means of making a product known the the general market population.
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5 0
3 years ago
Read 2 more answers
MATCH THE ITEMS IN THE FOLLOWING TWO LIST BY MATCHING THE LETTER OF THE INFORMATION QUALITY THE BEST DESCRIBES THE INFORMATION Q
Andrew [12]

Answer:

Explanation:

a. Timeliness  - Garth Company has been recording shipments of goods that were not ordered by their customers.

b. Accuracy - Clerks at Fairmont Corp. enter customer orders into PCs connected to the accounting system. The clerks are supposed to enter a code into a field to indicate if the order was mailed, faxed, or phoned in. But they do not always enter this code. Consequently, data on the recorded orders regarding the type of order is not reliable.

c. Validity - Shipments at Lasting, Inc. are entered into PCs in the shipping department office. The paperwork often gets lost between the shipping dock and the office, and some shipments do not get entered.

d. Relevance  - At Belmont, Inc., warehouse personnel write the picked quantity on the picking ticket as the goods are picked from the shelf. These clerks are not very careful, and the recorded picked quantities are often wrong.

e. Completeness  - Caroline in the shipping department has been given the job of monitoring shipments to make sure that they are shipped in a timely manner. To do this, she uses a monthly report of items ordered but not shipped in the past month.

6 0
3 years ago
For an average commercial vehicle being driven at 55 mph on dry pavement, it will take about _____ to bring the vehicle to a sto
zalisa [80]
Answer: 300 feet

Explanation:
Three important factors are involved in bringing a moving vehicle to a stop.

1. Perception distance is the distance a vehicle travels while your brain perceives the need to apply the brakes. An alert driver requires about 0.75 seconds to react. This time accounts for about 60 feet of travel.

2. Reaction distance is the distance traveled before the driver actually presses on the brake pedal. For an alert driver, this also takes about 0.75 seconds. This adds another 60 feet of travel.

3. Braking distance is the distance the vehicle travels before coming to a stop on a dry ground. On a slippery ground (after snow or rain) this distance is longer. On dry ground, the skidding distance is about 170 feet.

This means that an alert driver needs 60+60+170 = 290 feet (approximately 300 feet) to stop.
For this reason, tailgating at high driving speeds is dangerous.

7 0
4 years ago
Which of the following is an example of internally caused behavior? An employee was laid off because the company was attempting
irga5000 [103]

Answer:

An employee was fired from work because he violated company policy

Explanation:

One of the factor that determine the behavior of people is the way the event arround them is interpreted. Those that can control things arround them usually take responsibility for what they do compare to set of people believing that situation arround them is beyond their control, which is explained in" attribution theory" by Fritz Heider. Internally caused behavior can be regarded as challenging behavioras a result of internal stimuli such as traits, pain and anxiety.

Out of the options given in the question only "An employee was fired from work because he violated a company policy" is an example of internally caused behavior, since the violation is on the path of the employee which is as a result of internal behavior known to him.

6 0
4 years ago
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