Answer:
<u><em>Expectancy theory.</em></u>
Explanation:
<em>Victor Vroom</em> was responsible for defining the Theory of Expectation, which focuses on results rather than individual needs. He stated that the employee will work harder to do his work with greater commitment and will be more productive if he is rewarded for achieving the given results.
There are several benefits influenced by this motivational theory, some of which are: The individual is able to motivate themselves to achieve the expected results in order to reduce dissatisfaction and there are
stress on individual perceptions and expectations, which help individual motivation and consequently increase productivity.
Answer:
additional firms will be attracted into the market until price falls to the level of per-unit production cost
Explanation:
A price taker is a firm or a seller who is not able to set the market price for its goods and services. Instead, the price taker accepts the price set by market forces - forces of demand and supply.
An example of a price taking firm is a firm in a perfect competition
If a firm is able to charge prices above production costs, the firm is earning an economic profit
If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Answer:
<h2>Mama's Pizza Shoppe</h2>
Adjusting Entry on June 30, 2021:
Debit Interest Expense $144
Credit Interest Payable $144
To accrue interest expense for the year (2 months).
Explanation:
a) Calculation: The interest on the borrowing is $144 ($7,200 x 12%)/12 x 2
b) Adjusting entries are prepared at the end of the accounting period in order to recognize non-cash expenses and revenue, prepaid expenses, and revenue received in advance, and depreciation expense for the period. It is in accordance with the accrual concept and matching principle of generally accepted accounting principles. These require that expenses and revenue are recognized on the accrual basis whether cash is paid or received for them or not. And that expenses and revenue are matched to the period they occur.
Answer:
Although consumer and producer surplus changes are the same under quotas and tariffs, tariffs are preferable because the government can redistribute the tariff revenue to offset most of the deadweight loss.
Explanation:
Hmm...I think Brainly is a place for asking/answering questions, not creating ads...hmm, oh well lol