George Stigler is a known American economist and according to his theory the Consumer theory, he quoted that <span>“if consumers do not buy less of a commodity when their incomes rise, they will surely buy less when the price of the commodity rises.” This means that when consumers do not purchase a certain product even if their incomes increases, that is considered normal, but when the product increases in value, we can expect that these consumers will buy less of the product.</span>
Answer:
-$2,350
Explanation:
In this question, we have to compare the cost which is shown below:
If we considered the reworked cost, then the sales would be
= Sales - reworked cost
= $55,700 - $1,750
= $53,950
And the scrap value is $56,300
So, the financial disadvantage would be
= Sales without reworked cost - scrap value
= $53,950 - $56,300
= -$2,350
All other information which is given is not relevant. Hence, ignored it
Answer:
<em><u>Self-efficacy.</u></em>
Explanation:
Self-efficacy at work is a personality trait that impacts the attitude employees will take when performing challenges and tasks in an organization.
When the level of self-efficacy is high, employees are self-motivated to commit more and more deeply to their work, setting goals and objectives to achieve complex tasks, which are seen as results of personal effort and overcoming.
Answer:
k= 5 units
L = 45 units
Explanation:
check the picture attached for full explanation and i hope it helps you
Answer:
Current stock price = $24.23
Explanation:
Stock price under Discounted Model:
P0 = D1 \div(Ke - g)
P0 = Current Market price of the share
g = Growth rate = 5.0%
Ke = Cost of equity = 11.5% p.a
D1 = Expected dividend = $1.50 (1 + 0.05)= $1.575
P0 = $1.575 / (11.50% - 5.0%)
Current stock price = $24.23