Answer:
In my opinion Jack believes in the efficiency wage theory. This theory states that an increase in wages will increase labor productivity, lower staff turnover and attract the best possible employees.
So when Jack increases his employees' salaries, their increased productivity will recoup the extra labor costs. At the end, Jack believes his profit will increase because of the higher wages he pays.
Answer:
Social clock
Explanation:
The social clock refers to expectations set by society on preferred timings of accomplishing life milestones such as finishing school, getting married, having children etc. For example, because many students graduate from college by the age of 22, Manuel will feel pressured because he will complete college past the average completion age in society. This situation illustrates the social clock.
Answer:
c. $154,000.
Explanation:
According to the difference value technique, the average difference between audited value and book value for the sample should be replicated for the whole population of 4,000 accounts. The average difference per account is:
This means that the audited value is $1 greater than the book value for each account, assuming 4,000 accounts with a book value of $150,000, the audited value is:
Estimated total audited value of the population is: c. $154,000.
Answer:
True
Explanation:
Profit per hour on sweater = 60/3 = 20
Profit per hour on pants = 50/2 = 25
It makes more sense to devote my time to making pants, so the right answer is True. A caveat though, in one hour one pair of pants won't be produced, as it takes two hours to produce one pair.
Answer:
They have been helpful by giving us news about things we would never find out on our owns like there was a car crash on the highway.
Explanation:
