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Lana71 [14]
4 years ago
14

Children in poor neighborhoods often have bleak outlooks on life and see little gain from studying. In a recent experiment, chil

dren in poor neighborhoods were paid $100 for each A they earned during a six-week grade reporting cycle. Suppose a participant in this experiment was expending $0 worth of effort in studying for each class before the experiment. Over the next 6 weeks, the student has a math class and an English class, where getting an A in math would require the student to exert $98 worth of effort, while getting an A in English would require the student to exert $84 worth of effort. In this experiment, the student (would or would not) increase time studying for math, and the student (would or would not) increase time studying for English.
Business
1 answer:
Harlamova29_29 [7]4 years ago
5 0

Answer:

For maths; the student <u>would not </u>increase time studying

For English; the student <u>would</u> increase time studying

<u>Explanation:</u>

We can make this assertion because we are told that the children are from poor neighborhoods, so they have desire to ease their financial lack.

Further, because they do not see the importance of studying, they likely would avoid the extra effort of $98 for maths when they can exert $84 worth of effort for English which is lower.

You might be interested in
Mixed Costs and Cost Formula Callie's Gym is a complete fitness center. Owner Callie Ducain employs various fitness trainers who
slavikrds [6]

Answer:

1 = $600 + $20 × X

2. = $2000

3 = $2,600

4 = $26 per class

5 = a = $3,600

b = $24

c =  the cost per unit has reduced from $26 to $24.

Explanation:

According to the scenario, computation of the given data are as follow:-

We assume no. of units = X

1.Total Labor Cost =Total Fixed Cost + (Variable Cost Per Unit × No. of Units)

= $600 + $20 × X

2. Last month 100 classes were taught.

Total Variable Cost = No. of Classes Taught × Variable Cost Per Class

= 100 × $20 = $2000

3. When 100 classes were taught, total labor cost is-

Total Labor Cost = Total Fixed Cost + (No. of Units × Variable Cost Per Units)

= $600 + 100 × $20

= $600 + $2,000

= $2,600

4. Per Classes Unit Cost of Labor =Total Labor Cost ÷ No. of Classes Taught

= $2,600 ÷ 100

= $26 per class

5. If the No. of taught classes increase by 50% then the no. of classes is offered = 100 + (100 × 50 ÷ 100) = 150

a). Total Labor Cost if the no. of classes taught are 150

Total Labor Cost = Total Fixed Cost + (No. of Units × Variable Cost Per Units)

= $600 + 150 × $20

= $600 + $3,000

= $3,600

b). Per Classes Unit Cost of Labor = Total Labor Cost ÷ No. of Classes Taught

= $3,600 ÷ 150

= $24

c). After the change in the level of the activity variable cost per unit and fixed cost per unit remain same. So if there is an increase in the taught classes then the cost per unit has reduced from $26 to $24.

8 0
4 years ago
Do you believe that managers spend most of their time working with employees? Justify your answer.
Nutka1998 [239]

Answer:

the answer could be both yes and no. it depends on the industry and the level of the manager.

Explanation:

Managers in the tech-savy or manufacturing industries spend almost an equal amount of time with both employees, machinery and systems while managers in the services industries such as banking, finance, marketing spend most of their time among the employees and clients.

However, regardless of the industry, people management is the most critical and the vital part of a manager.  

5 0
3 years ago
Read 2 more answers
The effect of substitution bias is that the rise in the price of a fixed basket of goods over time tends to ___________________
luda_lava [24]

Answer:

overstate.

Explanation:

An unchanging basket of goods assumes that consumers are restricted from purchasing exactly the corresponding goods, without caring for changes of the price which are not a very likely hypothesis. <u><em>The result of substitution bias is that the increase in the price of a fixed basket of goods over time tends to</em></u> overstate the rise in the true cost of living of the consumer because it does not take into consideration that the person can substitute away from goods whose corresponding prices have increased.

5 0
3 years ago
A soap company has been selling their soap to consumers with great success. However, recently they have become aware that their
bulgar [2K]

Answer and Explanation:

As we know that the soap is classified as health care products for the purpose of bathing. Also it acts as a grease cuter or the detergent but in the case of targetting the customers it would be treated as a health care product and commercial one also due to which it could be grown easily. But at the same time it should be ensured that there is no harmful effect

So if it is targeted in both the way than the business would grow in a fastest way that results in earning profits

8 0
3 years ago
The formula for maximum demand deposit creation is ______ multiplied by the monetary multiplier.
Likurg_2 [28]

The formula for maximum demand deposit creation is excess reserves. multiplied by the monetary multiplier.

A demand deposit is what?

A demand deposit is money deposited into a bank account with funds that can be withdrawn on-demand at any moment. Demand deposit money is often used by the depositor to cover daily expenses. The bank or financial institution may offer a minimal or no interest rate on the deposit for monies in the account.

Demand Payment

A person may only withdraw a set amount every day or a maximum amount equal to their account balance. Money in a checking or savings account would be typical examples of demand deposits. Demand deposits differ from term deposits in this regard. Term depositors must wait a specific amount of time before making any withdrawals.

to know more about demand deposit

brainly.com/question/14292242

#SPJ4

4 0
2 years ago
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