Answer:
d even if the amount she would have to pay for room and board if she didn't attend college rose by the same amount An increase in opportunity cost reduces Maureen's incentive to attend college.
Explanation:
Opportunity cost in decision making has to do with an alternative foregone. If you make a choice of an alternative over another, therefore the extrinsic cost which is the benefit you will not have, for choosing that alternative is the opportunity cost.
Applying the above to the given scenario, it does not matter the range of increase in the college cost or room and board cost if she did not attend college; It is a general conclusion and a fact that an increase in the level of opportunity costs, it will reduce Maureen's incentive to want to go to college.
a market that experiences perfect competition, prices are dictated by supply and demand. Firms in aperfectly competitive market are all price takers because no one firm has total market control. Unlike amonopolistic market, firms in aperfectly competitive market have a small market share
The answer is:
-all final goods and services...
-legally produced
-within the territorial boundaries of the United States...
-within a given time period
- and valued at the prices at which the goods or services sold
The Gross Domestic Product of country counted all goods and services that produced by a country within one year. In order to count this, we need to add total market value of consumption, investments, government spending, and net export. This definition covers all the list above.
Answer:
d. Scientific management.
Explanation:
The management theory used by Henry in this case is scientific management, which can be understood as an administrative model created by Taylor.
The main objective of scientific management is to make work more efficient using less resources and efforts, that is, making work more flexible by rationalizing work and implementing scientific techniques and training employees so that there is efficiency and effectiveness in organizational processes, with the lowest cost, time and continuous improvement.
Answer:
There are several reasons why an employee or dependent should continue to receive benefits and coverage:
- Usually group insurance plans that are terminated provide an extension of benefits in order for a dependent or disabled employee to continue to receive benefits for an additional period of time, generally for up to 12 more months.
- If an employee dies or gets divorced, their dependents must continue to receive benefits and coverage for up to 36 months.
- Or if the employee must take a leave of absence due to illness, coverage and benefits should continue for 12 months.
- In case an employee is laid off, his/her coverage and benefits should be extended if the termination was either voluntary or for reasons other than gross misconduct (up to 18 months).