Answer:
a) a monetary unit for measuring and comparing the relative values of goods.
Explanation:
In the case when the economist said that money could be treated as the store of value so this means that it represent one of the functions of money which can be stored and retrieve later onwards
Also it is a monetary unit that could be used for measuring and also compared the goods value
Therefore the option a is correct
Answer:
d. 15.09
Explanation:
425,000 sales
52,500 AR
year of 365 days
<u>Days Sales Outstanding</u>
<u>Average days late</u>
45.09 - 30 = 15.09
in average customer pays within 45 days.
That is 15.09 days above the allowed credit period.
Answer:
The correct answer is operant conditioning.
Explanation:
Operative conditioning is a form of incentive, whereby a group of individuals are more likely to repeat forms of behavior that carry positive consequences and less likely to repeat those that carry negative consequences. In this case, by involving the company's employees in productivity gains, the positive behavior that leads to this happening is rewarded.
Have a nice day!
Answer:
diminishing marginal utility.
Explanation:
The term diminishing marginal utility is used to describe the common pattern whereby each marginal unit of a consumed good provides less of an addition to utility than the previous unit.
In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.
<em>For example, buying a chocolate bar and eating it may satisfy your cravings but eating another one wouldn't give you as much satisfaction as the first due to diminishing marginal utility. </em>
Answer:
Truly, it is imperative for the organization to follow the exacting budget plan despite the fact that they can be encountering incredible benefits. There will a predisposition towards covetousness while making the budget limit for this organization. On the off chance that the organization is encountering the exceptional benefits, a considerable lot of the organizations will attempt consistently and extricate the budget limit; it might cause the huge issue like as the benefits not are effectively re-put resources into to the said organization. The extraordinary benefits exceptionally uncommon happens over the extensive stretch of the time they are for the most part in one to a quarter of a year spells whereas the monetary allowance is generally quarterly at the greater part of the implying that when we are encountering the incredible benefits this is nearly ensured for being fleeting separated from when this is the imposing business model market. To set up the detail budget plan for New Year.
