The correct answer is d, public goods.
The definition of a public good is a good or service that is nonrivalrous and nonexclusive. This means that individuals cannot be excluded from the use of the good or it can be enjoyed without paying for it, and use by one individual does not prevent others from using it.
Answer:
Hi, you haven't provided the options to the question so I will just give the answer in my own words and you can check with the options.
Answer is GOAL COMMITMENT.
Explanation:
Goal setting involves the development of an action plan designated to motivate and guide a person or group towards a goal.
It involves establishing specific, measurable, achievable, realistic and time-targeted (S.M.A.R.T) goals.
The different motivation mechanism of goal setting are: self-efficiency or efficacy, goal commitment, importance of goal outcome, commitment to others.
In this scenario, Carol already has a goal which is to become a professor and so she realizes that to attain this goal, there has to be a commitment ( to study hard and do well in her undergraduate classes, apply for a graduate program afterwards and also an internship).
Therefore, the motivational mechanism of goal setting process this scenario demonstrates is GOAL COMMITMENT.
Answer:
So the break even point is increased by 4,125 units
Explanation:
The computation is shown below:
As we know that
Break even point in units is
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
So the current break even point is
= $270,000 ÷ ($40 - $24)
= $270,000 ÷ $16
= 16,875 units
And, if mary ideas are used, so break even point is
= ($270,000 + $24,000) ÷ ($38 - $24)
= $294,000 ÷ $14
= 21,000 units
So the break even point is increased by 4,125 units by taking the difference