Patti volunteered to cover the balance of a coworker's shift so that he could pick up his sick child from day care. this is an example of organizational citizenship (OCB). OCB stands for <span>person's voluntary commitment within an </span>organization <span>outside her contractual tasks. The father of OCB is Dennis Organ. He defined the term in 1988.</span>
Those people who own the mode of production are typically of higher class than laborers.
In the Marxist theory of historical materialism, a mode of production refers to a specific combination of the productive forces, which tend to include the human labour power, and another one is the social and technical relations of production.
So, here Marx says that a person's productive ability and his participation in the social relations are known to be the two essential characteristics of social reproduction. Thus, those people who tend to own the mode of production are typically of the higher class than the laborers.
Hence, option C is correct.
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Answer:
The journal entry is as follows:
Cash A/c Dr. $ 25,437.50
To Notes Receivable A/c $25,000
To Interest revenue A/c $437.50
(To record the collection of the note and interest at maturity)
Working notes:
Interest for 90 Days:
= Note value × Interest rate × Time period
= $25,000 × 0.07 × (90/360) days
= $437.50
Answer:
C. highly inelastic
Explanation:
An excise tax on a product will increase its price from the equilibrium point, to a higher point set by the government.
If the government was to enhance its revenue by this means, it should enact the excise tax on products that are highly inelastic.
This is because a highly inelastic product is one whose quantity demanded does not fall considerably even if the price rises a lot.
This means that even if the product is more expensive after the excise tax, consumer will continue to buy it, increasing government revenue in this way.
