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makkiz [27]
2 years ago
6

According to equity theory, in order to restore equity or fairness of a work situation a worker may ______. (select all that app

ly)
Business
1 answer:
noname [10]2 years ago
8 0

Group of answer choices.

A. try to have the inputs of coworkers increased

B. try to increase the outputs of coworkers

C. try to increase his or her own outputs

D. try to increase his or her own inputs

Answer:

A. try to have the inputs of coworkers increased.

C. try to increase his or her own outputs.

Explanation:

Adam Smith was a Scottish political economist, social and moral philosopher, author and he is famously considered to be the father of modern economics. Smith was born on the 5th of June, 1723 in Kirkcaldy, United Kingdom and he died on the 17th of July, 1790 in Panmure House, Edinburgh, United Kingdom.

The equity theory by Adam Smith helps to measure and strike a balance between the work input and output of a worker.

An equality norm can be defined as a reward system in which the employer or human resource manager decide to compensate or pay the entire workforce the same amount of money without discrimination or favoritism.

Basically, it's paid regardless of individual productivity levels, in order to promote the ability to work effectively in groups.

According to equity theory, in order to restore equity or fairness of a work situation a worker may;

I. Try to have the inputs of coworkers increased.

II. Try to increase his or her own outputs.

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both capital and labor​ double, given the production​ function, output will double . If output doubles when inputs​ double, the
Sergeu [11.5K]

Answer:

If output doubles when inputs​ double, the production function will be characterized by​ a <u>constant returns to scale</u>.

Explanation:

In economics, returns to scale refers to a long run situation that reveals to the proportionate change in output when capital and labor inputs become variable or change.

The three possible types of returns to scale are as follows:

1. Increasing returns to scale: This occurs when the proportionate change in output is greater than the proportionate change in capital and labor inputs.

2. Decreasing returns to scale: This occurs when the proportionate change in output is less than the proportionate change in capital and labor inputs.

3. Constant returns to scale: This occurs when the proportionate change in output is the same as the proportionate change in capital and labor inputs.

Based on the above explanation therefore, if output doubles when inputs​ double, the production function will be characterized by​ a <u>constant returns to scale</u>. This is because the the proportionate change (double) in output is the sames as the proportionate change (double) in inputs.

3 0
3 years ago
The Edward City Council approved and adopted the budget for its general fund for the fiscal year beginning on January 1, Year 2.
Gala2k [10]

Answer:

A.No entry is required

B.No entry is required

C.No entry is required

D.No entry is required

Explanation:

The Edward City Council

1. Record the journal entries for November 1, Year 1, if any.

No Entry Required

2. Record the journal entries for November 30, Year 1, if any.

No Entry Required

3. Record the journal entries for December 1, Year 1, if any.

No Entry Required

4. Record the journal entries for January 1, Year 2, if any.

No Entry Required

4 0
3 years ago
As a new​ controller, reply to this comment by a plant​ manager: "As I see​ it, our accountants may be needed to keep records fo
fiasKO [112]

Answer: Accountants play major role in firms in handling financial records and auditing. Managers know financial information based on either background knowledge or learning on the job

Explanation:

The accountants are valuable to the organization because they monitor the monetary information that concerns the firm, they handle how cash come in and keep track of how they are spent, all these makes them valuable even to the extent of auditing information as regarding the firm. Managers might understand financial information either based on how they monitor what occurs in the organization or what they learnt in from college. But it's unsafe for the managers to handle financial situation without the aid of a professional accountant.

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3 years ago
Im starting my own business so I need things that would look cool in tie-dye
kari74 [83]
Phone cases or shirts
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2 years ago
A manufacturer makes two types of handmade fancy paper bags: type A and type B. Two designers—a cutter and a finisher—need to wo
avanturin [10]

Answer:

Type A to produce 44 bags and Type B to produce 16 bags to maximize profit of $440

Explanation:

Let X be the number of bags for Type A and Y be the number of bags for Type  B

                                      Cutter              Finisher

Type A                              2X                   1X    =   $6X

Type B                  <u>             1Y                   2Y     =  $11Y</u>

                                        104                  76

2x+1y= 104

1x+2y=76

y= 104-2x

x+2(104-2x) = 76

x+ 208-4x = 76

132= 3x

x= 44 bags

y= 104-2(44)

y= 16 bags

Type A should produce 44 bags and Type B 16 bags to maximize profit

Maximum Profit = 6X + 11Y

                         = 6(44) + 11(16)

                        = $440

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2 years ago
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