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masya89 [10]
3 years ago
14

An example of a microeconomic phenomenon is: Select one: a. Global warming research turns out to correctly predict the weather i

n the future. b. The dictator of a country builds ten new airports. c. A child buys a delicious chocolate bar. d. The country of Montenegro adopts the Euro. e. None of the above.
Business
1 answer:
IgorC [24]3 years ago
4 0

Answer:

The correct answer is letter "E": None of the above.

Explanation:

Microeconomics deals with the economic choices of individuals and small companies. Jointly, these individual decisions influence the demand for and supply of goods and services in the economy. One of the subjects most discussed in microeconomics is the supply, demand and equilibrium model.

A)<em> Global warming research turns out to correctly predict the weather in the future. (No major impact in economy)</em>

B)<em> The dictator of a country builds ten new airports. (Macroeconomic)</em>

C)<em> A child buys a delicious chocolate bar. (No major impact in economy)</em>

D) The country of Montenegro adopts the Euro. (Macroeconomic)

<em>None of the statements above represents a microeconomic phenomenon.</em>

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Rienzi Farms grows sugar cane and soybeans on its 600 acres of land. An acre of soybeans requires 3 hours to plant and brings in
mezya [45]

Answer:

133 acres of sugar cane

and 300 of soybean provide a profit of $ 733,000

Explanation:

We setup the fromulas and use excel solver:

labor hours:  3 x sugar acres + 4 x soybean <= 1,600

profit  = 1,000 x sugar acres + 2,000 soybean

with the restriction soybean <= 300

                 SOLVER  

              acres          hours             PROFIT

sugar cane 133  x 3 = 399       x 1,000 =    133,000

soybeans 300  x 4 = 1,200           x 2,000 =<u>  600,000  </u>

                                                  TOTAL           733,000

6 0
3 years ago
On December 31, before the closing entries, the following information is available for Jones Company: Service Revenue $10,000 To
madreJ [45]

Answer:

$15,000

Explanation:

Closing retained earnings is the accumulated value of an entity`s profit reserve from its earnings from  both current and past accounting periods.Closing retained earnings is calculated by deducting dividend paid from earnings after tax of the current year and adding the balance to opening retained earnings.

= Opening retained earnings + (Earnings after tax   -  Dividend paid)

Based on the information supplied, the closing retained earnings will be:

                                                                              $

Service Revenue                                                10,000

Total Expenses                                                  (6,000)

Operating profit                                                  4,000

Dividend                                                           <u>  (1,000)</u>

Retained Earnings                                              3,000

Retained Earnings b/f                                      <u>   12,000</u>

Closing Retained Earnings                            <u>     15,000</u>

Note: No information in regard of tax, so the operating profit is used as profit after tax.

8 0
3 years ago
A real estate licensee typically allows the licensee to A) give tax advice to a prospective purchaser of real estate. B) provide
natka813 [3]

C) represent clients and customers in residential or commercial property transactions, but not both.

A real estate licensee refers to an individual who holds an active license as a real estate broker, principal real estate broker or licensed real estate property manager.

A real estate licensee has permission to enter into a property they represent with the general public. This means that the owner of the real estate grant the agent his or permission to make use of the land.

Other duties of a real estate licensee are :

  1. Determining clients’ needs and financials abilities to propose solutions that suit them.
  2. Providing guidance and assisting sellers and buyers in marketing and purchasing property for the right price under the best terms.

Learn more about real estate licensee here : brainly.com/question/25506644

7 0
2 years ago
Read 2 more answers
Belton electronics has a defined benefit pension plan for their 120 employees. they decided to amend the pension plan, resulting
alina1380 [7]
It must cover atleast 80% of the  employees
7 0
3 years ago
Can you list three things you can do to improve job satisfacation in the work place?
AURORKA [14]

Answer:

When working with tight budgets, what can you do to boost job satisfaction at your company? These 3 simple but effective tips will help ensure your employees feel fulfilled and appreciated within their role.

Engage your employees

Having people turn up to work and do a day's graft before going home isn't all you want from your employees. Getting staff that are engaged with your company is much more preferable and to achieve this you need to communicate with them. This doesn't mean just speaking to them but creating an atmosphere where their insights are valued and they feel free to talk about things they are concerned about.

This will not only boost their job satisfaction because they feel more understood but will also help you identify areas where improvements could be made. Many professionals benefit from a higher level of autonomy as it shows that you have a certain amount of trust in them, while also encouraging initiative and self-discipline.

Line managers can be a fantastic resource to encourage these communication channels and identify areas where staff seem unsatisfied or want to develop. However, it's important for everyone - from the top down - to be supportive of employee engagement and embody this in their working day.

Provide a positive work environment

Employees spend a lot of time at work so do everything you can to make this a positive atmosphere to be in. However, it's key that you don't just assume what good working conditions are and instead actually ask the people working for you.

Everything from childcare support to social events can help people feel happier about being in the office but it should be designed around the needs and wants of your employees. Otherwise you risk spending money on something that isn't really valued by your staff, wasting money and potentially causing discontent among your workforce.

It's also important to consider matters such as dress code and office layout as well as benefit schemes. These can make a huge difference on how comfortable people feel during their time in the office.

Evaluate, analyze and improve

Like any other business goal, you should make sure measurement plans are in place to see what progress you are making. There's a number of ways you can track employee satisfaction and a variety of online resources to help you. However, a simple anonymous survey can be just as effective, especially for small companies where evaluating the responses won't be too laborious.

This should allow you to identify areas that have had the biggest impact and where you may need to make further improvements.

7 0
3 years ago
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