Answer:
"4"
Explanation:
Human relations approach to employees management believes that employees are not only motivated by financial incentives but other factors like praises , interpersonal relationship and delegation of roles and this in return , boost their commitment.
The managers are involved in active support of employees' growth and performance.
It underscores the importance interpersonal and social relationship in a work environment.
We can solve this problem by using the formula for
finding the present value given the annuity values. The formula is given as:
P = A * [(1 + i)^n – 1] / i (1 + i)^n
Where,
P = present value of the annuity
A = the annuity value = $26,000
i = interest rate = 0.06
n = number of years = 90 – 65 = 25
Substituting the given values to the equation:
P = 26,000 * [(1 + 0.06)^25 – 1] / 0.06 (1 + 0.06)^25
P = 26,000 * 12.783356183
P = $332,367.26
<span>Therefore the present value of his social security
benefits will be about $332,367.26</span>
Answer:
has been overapplied.
Explanation:
The net balance of debit and credit of manufacturing overhead account is under or over applied overhead. On debit sides the Actual costs incurred is recorded and overhead applied is recorded in credit side of manufacturing overhead account. Total actual costs are $82,000 ( $30,000 + $24,000 + $28,000 ) and overhead applied is $86,000. Net balance of account is overapplied overhead of $4,000 ( $86,000 - $82,000 ).
What term best describes the relationship between units of a good demanded across a range of prices? Supply. The supply of something refers to how many units of a good or service are available at the time they are desired. There are a range of items at various prices that could be available depending on the demand of the item. Supply and demand go hand in hand because the demand for an item increases the supply of them.
Answer:
d. the increases in wheat harvested will get smaller and smaller.
Explanation:
A marginal rate of technical substitution (MRTS) can be defined as an economic principle which is typically used to represent the rate at which a factor such as capital must decrease so that the same level or quantity of production is maintained when another factor such as labor is changed (increased).
An isoquant is the slope of a marginal rate of technical substitution (MRTS) which connects the two input factors provided that the level of output or production is the same.
Also, the diminishing marginal rate of technical substitution refers to the decline (fall) in marginal rate of technical substitution (MRTS) along an isoquant that produces the same quantity (level) of output.
When an isoquant has a diminishing marginal rate of technical substitution, the corresponding isoquants are convex to the origin. Thus, the marginal rate of technical substitution (MRTS) would continue to diminish as more of a factor such as capital is used.
If we add successive laborers to work a given amount of land on a wheat farm, eventually the increases in wheat harvested will get smaller and smaller.
