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Vikentia [17]
4 years ago
5

Brad, an employee for a sports marketing firm, feels he has been treated unfairly by the organization. He helped three other emp

loyees organize a series of successful street soccer tournaments all around the country. While the other employees were given a bonus and corporate recognition, his efforts were ignored. According to equity theory, Brad is likely to respond by
Business
1 answer:
lubasha [3.4K]4 years ago
6 0

Answer:

Brad would likely to react by reducing the efforts on future projects.

Explanation:

In accordance with the equity theory, it states that if an employee feels or perceive inequity, then they will try to create equitable exchanges of their rewards and their efforts. The common reaction in this situation would be is to reduce the efforts on further or future project.

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The market price of hamburgers in a college town increased recently, and the students in an economics class are debating the cau
agasfer [191]

Please find attached the graphs containing the requested information

The dominant cause of the increase in the price of hamburgers can be determined by the direction of change on quantity demanded: If the equilibrium quantity of hamburgers decreases, then the supply shift in the market for hamburgers must have been larger than the demand shift.

The demand curve shows the relationship between price and quantity demanded. The demand curve is negatively sloped.

The supply curve shows the relationship between price and quantity supplied. The supply curve is positively sloped.

<u>If the increase in the price of</u><u> hamburgers</u><u> is as a result of </u><u>burger joints </u><u>closing down. </u>

If burger joints closes down, the supply of hamburgers would decrease. The supply curve would shift to the left. As a result of the leftward shift of the supply curve, equilibrium price would rise and equilibrium quantity would decrease.

<u>The increase in the price of </u><u>hamburgers</u><u> is as a result of a decrease in the price of </u><u>French fries.</u>

Hamburgers and French fries are complement goods. Complement goods are goods that are consumed together. An decrease in the price of French fries would lead to an increase in the demand for hamburgers. This would lead to a rightward shift of the demand curve while the supply curve remains unchanged. As a result, both equilibrium price and quantity would increase.

If both events are partially responsible, the supply curve would shift to the left, leading to an increase in price and a decrease in quantity and the rightward shift of the demand curve would lead to an increase in equilibrium price and quantity.

If the decrease in supply is the dominant factor, there would be a decrease in equilibrium quantity.

If the increase in demand is the dominant factor, there would be an increase in equilibrium quantity.

To learn more about demand, please check: brainly.com/question/14456267?referrer=searchResults

8 0
3 years ago
The fixed costs of WeBuy&amp;Sell.com, an e-commerce website, make up about 90 percent of the total costs incurred by the compan
nataly862011 [7]

Answer:

This allows WeBuy&Sell.com to earn high profits at a very low cost. According to the given scenario, WeBuy&Sell.com has high scalability.

Explanation:

In an economic context, a scalable business model implies that a company can increase sales given increased resources.

7 0
4 years ago
Economists say that scarcity is a relative concept. this means that __________. (hint: what does relative mean?)
Aleksandr-060686 [28]
Im not sure, sorry, I wish I could help
8 0
4 years ago
There are things that will disqualify a person from police service. Drug use beyond "experimentation" will likely disqualify a p
Goshia [24]

Answer: Using heroin once after the age of 21

Explanation:

I did a quick look up and I belive this is the answer. Hope it helps

5 0
3 years ago
Which is usually the best way to present or communicate inferred data?
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D. in a written paragraph
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4 years ago
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