It can be assumed that $104 worth of Supplies have been used?
Answer:
Jorge is not risk-averse
Explanation:
Risk averse means to reluctant to take risk
Since theres a 80% chance that Jorge will get laid off and end up with a job that will pay him $10000 less is very risky instead where he'll earn $30000 where the chance is 20% that he'll get the job.
They use a <span>Straight Piecework Plan </span>as an incentive to their employees.
The Straight Piece-Work System is the simplest incentive approach in which the rate in keeping with unit of output is fixed, and the income of the employee are computed with the aid of multiplying his total output by rate per unit. We can also define this as the system or plan in which the employers or workers are paid according to the number of units produced during a defined time period at fixed rate.
Answer:
$433,900
Explanation:
The computation of the capitalized cost of the land is shown below:-
Capitalized cost of the land = Purchase price + Demolition of building + Title insurance + Attorney fee + Property taxes covered during the period - Scrap value from the building
= $420,000 + $12,000 + $900 + ($3,000 - $500) - $1,500
= $420,000 + $12,000 + $900 + $2,500 - $1,500
= $435,400 - $1,500
= $433,900
C.
Allocative efficiency in simple terms basically means there is no wastage, therefore if producers produce at price equals marginal coat, they are producing at the point where consumers are willing to pay that final price. Refer to the poorly drawn diagram for reference.
