Answer:
- The two are not equal and not maximizing her utility.
- Martha should more on orange juice and less on coffee
Explanation:
Martha's currently receiving 75 utils per ounce
orange juice costs 25 cents per ounce = $0.25 per ounce
then 75 utils per ounce/ $0.25 per ounce = $300 utils from her last dollar spending on the orange juice though only 50 utils per ounce /$0.20 per ounce = $ 250 utils per dollar from her last dollar exhausted on coffee
- The two are not equal and not maximizing her utility.
- Martha should more on orange juice and less on coffee.
Answer:
Richard
Explanation:
In simple words, Among all the employees in the organisation only Richard got the appreciation for the work he is performing. Such appreciation would work as an incentive for Richard to perform his duty with more effectiveness in the future.
Positive comments from the employer always works as a motivation to the employees and results in positive reinforcement of such employee which further results in better results.
Answer:
Receiving a high-level promotion
Explanation:
Abraham Maslow created a motivational theory as per which different needs of an individual can be prioritized with respect to their order of importance.
Maslow defined 5 needs in his hierarchy which are as follows:
Basic Psychological Needs
Safety Needs
Emotional Needs
Self Esteem Needs
Self Actualization Needs
As per the given information, receiving a high level promotion satisfies an individuals self esteem needs and earning respect and recognition among peers.
Answer:
Please go through the explanation and then the attached fine for the answer.
Explanation:
Opportunity cost is defined as what you have to sacrifice to get something. It is the lose of other alternatives when one alternative is chosen.
For further insight to the answer please go through the attached file.
