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LiRa [457]
4 years ago
8

What is an example of impatience in economic behavior? eating a healthy diet every day insisting on getting a physical exam ever

y year taking the first job you are offered asking for your grade right after finishing a test
Business
1 answer:
RSB [31]4 years ago
3 0

Answer:

taking the first job you are offered asking for your grade right after finishing a test

Explanation:

Economics is the study of how rational individuals & society decide to choose, among various available alternatives having various specifications.  Decision makers being rational - taking decision based on proper analysis, is an important foundation of economics.

However, sometimes economic participants show impatient economic behaviour. It means that  they don't critically evaluate all the aspects while making a decision. Given case of taking a job, i.e supplying own labour is one of them. If a person takes the very first job after finishing test : this implies he / she doesn't evaluate the other alternatives available. The other alternatives could be better in terms of factor income (wage) to its factor (labour) supplied. So, not analysing other  employment options doesn't give clarity about opportunity cost (cost of next best alternative sacrifised) to make the choice. Hence, all these aspects make such person an example of i'mpatience in economic behaviour'.

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Novak Corp. provides security services. Selected transactions for Novak Corp. are presented below. Oct. 1 Issued common stock in
enot [183]

Answer:

The attached shows the journal entries in respect of Novark Corp. transactions for the month of October.

Every transaction has two impacts-debit and credit

Explanation:

Journal is a book of prime entry where transactions that cannot be posted to other books of original entry are treated.

Journal entry also observes the duality concept of accounting where each transaction in two accounts,for every debit,there is corresponding credit and vice versa.

Journal can also  be used to correct errors made while posting to books of account.

Download xlsx
7 0
4 years ago
If each car requires a belt that costs $20 and 2,000 cars are produced for the period, then the total cost for belts is:
kompoz [17]

Answer:

b) Considered to be a direct variable cost

Explanation:

Direct costs are expenditures that can be traced to a specific product, project, or service. It is a cost component that arises due to the production of a particular good or service as opposed to a general expense. Direct costs contrast indirect cost that covers a variety of items, such as administration.

Variable costs are the expenses that change with production volume. An increase in production leads to an increase in variable costs. Variable costs, therefore, have a direct relationship with the output level.

Belts, in this case, are a direct variable cost because

  1. The belt expense is traceable directly to the production of cars. It is a cost incurred only when a car is being produced.
  2. The cost varies with the number of cars produced. The expenses will change with changes in the production of cars.

8 0
3 years ago
Select the items that describe incentives.can be rewards or penaltiesinfluence future actionsencourage people to actcan be monet
EastWind [94]

The answer is:

high wages

good benefit package

safe work environment

Incentives is given by company to influence its employers to dedicate themselves to a certain task for the company.

The incentives could come in a form of monetary (related to money) , or non-monetary (other than money but still bring positive financial value to your life)

7 0
3 years ago
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Lisa [10]
The answer is B. I just had this question on Edgenunity.
5 0
3 years ago
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Explain the saying dress for the position you want not the position you have
Tomtit [17]
Dress to impress is something near and dear your office you want for example if you are a nurse and dress like a doctor that means you want the position .
8 0
3 years ago
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