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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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Assume that the demand for bicycles increases significantly at the same time that there is an increase in the number of people q
yarga [219]

Answer: The quantity of labor increases, and the effect on the wage rate is indeterminate.

Explanation:

The supply of people who can make bicycles has increased at the same time the demand for bicycles has increased. The supply curve would therefore shift to the right and so would the demand curve for labor. They will intersect at a new point where the quantity of labor has now increased.

Unfortunately, the effect on the wag rate would be indeterminate because the wage rate might just stay the same on account of the supply increasing along with the demand instead of either of them increasing unilaterally. When tis happens, the change is said to be indeterminate.

6 0
3 years ago
In general, prices should not be based on costs because
SOVA2 [1]

Answer:

C. consumers make their purchase decisions based on perceived value.

Explanation:

Consumer perceived value is the benefit of a product that the consumer receives by buying any specific goods or services. Perceived value is the satisfaction level of consumer that customer look in the product, rather than just paying for the product, therefore, the company need to work and develop their brand and value in the market. Cost does not define the value of the product, rather it is a satisfactory level of consumer that defines the value and price of product. Example; Customer does not pay for the software, however, they pay for the solution.

5 0
4 years ago
Small groups of consumers that interact with products or services and give their feedback based on their experiences are known a
babymother [125]

Answer:

B. Focus group

Explanation:

Use series of elimination on this one.

Test subjects- No

Market Research Audience- Those are people that watch the tests that you will conduct with your focus group.

Survey takers- Too simple.

Hope that I could help you!

5 0
4 years ago
____ are the goods and materials available for sale at the beginning of a period.
irinina [24]

Answer:

Beginning inventory

Explanation:

Beginning inventory refers to the finished goods that are still in the business premises at the beginning of a fiscal year. They represent the finished products that the business was not able to sell in the past period. Beginning inventory becomes part of the inventory to be sold in the current year.

Other terms that describe beginning inventory are opening inventory, opening stock, and balance brought forward.

6 0
3 years ago
Linda spent 3/4 of her savings on furniture. She then spent 1/2 of her remaining savings on a fridge. If the fridge cost her $15
romanna [79]

Answer: $1,200.

Explanation:

Given that,

Linda spent 3/4 of her savings on furniture and spent 1/2 of her remaining savings on a fridge.

Fridge cost = $150

Let Original savings be x

Amount spent on furniture = \frac{3}{4} x

Amount spent on furniture = \frac{1}{2} (x - \frac{3}{4}x)

                                      150 = \frac{4x - 3x}{8}

                                          x = $1,200

Therefore, Linda's original savings is $1,200.

6 0
3 years ago
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