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Kay [80]
3 years ago
5

Time preference is: a. the purchase of new capital goods. b. a sophisticated IOU that documents who owes how much and when payme

nt must be made. c. income that is not spent on consumption goods. d. the desire to have goods and services sooner rather than later (all other things being equal).
Business
2 answers:
kirill [66]3 years ago
7 0

Answer:

D. the desire to have goods and services sooner rather than later (all other things being equal).

Explanation:

The time preference talks about the placing relative value on goods received at an earlier date compared with receiving that particular goods at a later date. It is the assumption that people prefer a given goods or services be delivered sooner rather than later all things being equal. It occurs when a person focus on having a good sooner rather than later.

kvasek [131]3 years ago
3 0

Answer:

D) the desire to have goods and services sooner rather than later (all other things being equal).

Explanation:

In economics, time preference refers to the value businesses and individuals give to money and other assets in time. The value of money and other assets changes over time, e.g. one dollar today is worth more than one dollar tomorrow. The same applies to other assets, customers assign them a different value depending on when they get them. For example, if you want to purchase a hamburger because you feel hungry, it is not the same to be able to purchase a hamburger right away, than to have to wait four hours before receiving one. Or a girl that wants to purchase a dress for her prom dance will assign a higher value to dresses that are readily available instead of having to wait a couple of months in order t receive them.  

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Firms that pursue cost advantage will implement different structures and systems distinguishable from those pursuing differentia
Firdavs [7]

Answer:

d. Low levels of job specialization

Explanation:

Firms that pursue cost advantage have effective & efficient management techniques.

Employee remuneration based upon individual productivity , Frequent performance reporting , High levels of outsourcing : are all important for proper management of firms to achieve cost advantage.

However, proper effective & efficient management cant be achieved without proper division of labour & specialisation of job. So, firms pursuing cost advantage have all features in their systems except 'Low levels of job specialization'

4 0
3 years ago
A progressive tax is one in A) which the average rate increases as income increases. B ) more taxes are paid as income increases
scoundrel [369]

Answer:

A) which the average rate increases as income increases.

Explanation:

A progressive tax is a tax that increases in tax rate as the taxable amount increases. The tax is termed "progressive" because it refers to the increment or progression of the tax rate from low to high, which by implication means that a taxpayer's average tax rate is less than the person's marginal tax rate.

Another term that describes the progressive nature of income taxes particularly in developed economies like the United states and United Kingdom, is the acronym P.A.Y.E which means Pay As You Earn. Ta payers are expected to pay higher tax rates for higher income brackets

6 0
3 years ago
Read 2 more answers
The way Professor Quinn chose to handle this situation illustrates the difficulty of dealing with ethics violations. Listed as f
alisha [4.7K]

Answer:

  • Establishing a code of ethics
  • Referring ethical dilemmas to an ethics committee

<u>Explanation:</u>

Consider, by establishing a code of ethics it allows corporations to prevent their employees from making excuses for any ethical violation. Furthermore, when referring ethical dilemmas to an ethics committee is made available to employees by corporations it allows their employees to easily get the right information about how to behave ethically.

8 0
3 years ago
The kenosha company has three product lines of beer mugslong dash​a, ​b, and clong dashwith contribution margins of $ 5​, $ 4​,
Tema [17]

Answer:

break even point in units:

  • a = 11,700
  • b = 46,800
  • c = 35,100

Explanation:

beer mugs          contribution margin         expected sales

a                                $5                                   25,000

b                                $4                                  100,000

c                                $3                                   50,000

fixed costs = $351,000

if the sales proportion remains the same, we can assume a bundle of products = 1a + 4b + 3c (1 for every 25,000 units) whose contribution margin = $5 + $16 + $9 = $30

break even point = fixed costs / bundle's contribution margin = $351,000 / $30 = 11,700 bundles

break even point in units:

a = 11,700

b = 11,700 x 4 = 46,800

c = 11,700 x 3 = 35,100

3 0
4 years ago
5dcual es la tarea del ser humano?​
Elenna [48]

Answer:

Aprender no quiere decir simplemente incorporar una serie de contenidos o adquirir un conjunto de habilidades que nos ayudan a sobrevivir y que optimizan nuestras capacidades, sino que significa, en su sentido más radical, reforzar libremente la vida humana recibida personalizándola.

7 0
3 years ago
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