Answer:
<u>Theory Y.</u>
Explanation:
Created by Douglas McGregor in 1960, Theory Y corresponds to managers' positive view of an organization's employees.
Some assumptions of Theory Y are:
- Each employee can use self-direction and self-control to achieve organizational goals, rather than requiring threats and external control to accomplish tasks.
- The employee is able to learn and gain responsibility.
- Each employee has a set of skills and abilities that translate into creativity to aid in organizational problem solving.
- If the employee considers his work satisfactory he will have commitment and loyalty to the organization.
Answer:
60 pizzas
40 pizzas
Explanation:
Marginal product measures the change in output as a result of a change in input by one unit
Marginal product = change in output / change in input
Marginal product for the 4th worker
Change in output = 360 - 300 = 60 pizzas
Change in input = 4 - 3 = 1 worker
Marginal product = 60 / 1 = 60
Marginal product for the 5th worker
Change in output = 400 - 360 = 40 pizzas
Change in input = 5 - 4 = 1
Marginal product = 40 / 1 = 40
It can be seen that marginal product decreased from 60 to 40 when the 5th worker was added. This illustrates diminishing marginal returns.
The law of diminishing returns says as more units of a variable input is added to a fixed income of production, output might increase at a point but after some time total output would increase at a decreasing rate and marginal product would be decreasing.
Answer:
both (a) and (b) are true
That is:
a. job one pays less per day but more per hour.
b. job three pays more per day and more per hour.
Explanation:
An indifference curve is one that shows all combinations of a good or activity that gives the same level of satisfaction to the consumer, and so the consumer is indifferent.
In this instance the worker is indifferent between job one lasting 4 hours a day, job two lasting 8 hours a day (pays $10 an hour), and job three lasting 12 hours a day.
For the worker to be indifferent job one must pay more per hour and less per day. Whole job 3 wi pay more per day and more per hour.
Answer:
Explanation:
The essence of marketing is the belief that if businesses deliver valuable information to buyers, customers will reward
The amount that Beldon should capitalize as t<u>he cost of the land IS </u>
<u> $64,000
</u>
<u>
The amount that Beldon should capitalize as the cost of the new building.is </u> $517,000
Explanation:
Using the data from the question
Given that the
- <u>Land Purchase price</u> $60,000
- <u>
Demolition of old building</u> $2,000 ($ 4,000 - $2,000)
-
<u>Legal fees for title investigation of land </u>2,000
The amounts that Beldon should capitalize as t<u>he cost of the land IS </u>
<u> $64,000
</u>
<u>In case of New building
-The given data is </u>
-
Architect’s fees (for new building) 12,000
- Construction costs 500,000
- Interest on construction loan 5,000
<u>
The amounts that Beldon should capitalize as the cost of the new building.is </u> $517,000
