Answer:
I think distrubustion changes
Explanation:
Sorry if wrong
Answer:
B. its fixed cost in both the short run and the long run.
Explanation:
As there is no production the fixed costs remains the same for short run and long run too, because there is no activity which might be used for these costs allocation in the short or long run. In the long run a fixed cost might behave as a variable cost if there is any activity involved. I the short run the fixed costs is considered as fixed whether there is any activity or not.
Answer:
B. False
Explanation:
Douglas McGregor developed the theory X and theory Y of motivation.
Theory X is the traditional approach to management. It proposes that people dislike work and that they have to be controlled.
Assumptions of theory X include,
- Employees are lazy and hate working
- Workers need to be controlled and threatened.
- Employees have no ambitions and do no like responsibilities,
- Workers put self-interest as the first, not organization interests.
- Employees need to be motivated.
Theory Y is a positive approach to management. It considers employees as intelligent and innovative human beings. Theory Y is the opposite of theory X.
Assumption of theory Y includes.
- Employees are inspired to work.
- Workers do not need strict supervision
- Employees apply creativity and innovation to solve organizational problems.
- People are responsible, ambitious, and make efforts to accomplish goals.
Answer:
The correct answer is option B.
Explanation:
A restaurant is hiring labor.
The marginal revenue cost of the last worker is $16.
The marginal revenue product of the last worker is $12.
We see that the marginal revenue cost is higher than the marginal revenue product.
This implies that the cost incurred in hiring the last worker is higher than the marginal contribution from the last worker.
So the restaurant can maximize profit by hiring fewer workers. The profit-maximizing level will be where the marginal revenue cost will be equal to marginal revenue product.