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DENIUS [597]
4 years ago
8

Explain how rewards/penalties help people make decisions

Business
2 answers:
olganol [36]4 years ago
8 0
Okay so rewards and penalties make people make better decisions. So like if I don't get questions wrong on a test I receive $5 from my parents, but if I fail a test I'm grounded for a week. So I study more to get money. (this is not actually me just making an example). Rewards make people want to do better, and so do penalties. I don't want to do bad and get punished for it.
brilliants [131]4 years ago
6 0
A reward shows you did good for your good initiative, penalties make you learn where u made a mistake or went wrong in your work
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Answer:

command economy and capitalism

Explanation:

A command economy is a situation where the government determines what goods and services are produced in a state. The government formulate its production policies to achieve his goals and objective. The major advantage of a command economy is that is reduces the level of inequality in a state, as against the profit motive in capitalism. Examples of a command economy country is North Korea and Cuba

Capitalism is an economic state where private individuals own and controls factors of production to for profit motive. Private investors are given power by government to control labour, capital and land in the production process with little or no involvement by government. Examples of countries practicing capitalism includes USA, Chile, canada, etc.

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Explanation:

From the question, we are informed that a review of major newspapers across the United States showed that "help wanted" advertisement lineage has been decreasing.

This simply means that there's going to be an increase in the economic activity. This is due to the reduction in "help wanted" as it seems many individuals can now meet their needs. This will have a positive effect on the economy.

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3 years ago
Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead
Lemur [1.5K]

Answer:

$ 44000

Explanation:

Given:

Actual overhead manufacturing cost, Ac = $ 352000

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Estimated direct labor hour, Eh = 60000

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also,

Underapplied Overhead = Ac + (Ah × Predetermined Overhead Rate)

on substituting the values in the above formula we get

Underapplied Overhead = 352000 - (56000 × 5.5)

or

Underapplied Overhead = $ 44000

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