Answer:
Carrot Approach
Explanation:
There is much more efficiency if the worker has self incentive.
Incentive can be by carrot or stick approach , implying positive motivation incentive & negative motivation respectively.
Carrot Approach / Positive Motivation : is offering some monetary or perks benefit, if worker attains desirable targets .
Stick Approach / Negative Motivation : is giving some sort of punishment , if worker fails to attain desirable targets .
Eg - Extra incentive salary (as given) is carrot Approach based on positive incentive .
Cutting salary is stick approach based on negative incentive .
Answer:
I don't understand what you wrote
Explanation:
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Answer:
a. Marginal Revenue = 5
b. Maximum profit = $144
c. Q optimum = 12 ; P optimum = $17
d. Social cost = $72
Explanation:
Step 1. Given information.
Step 2. Formulas needed to solve the exercise.
- Total Revenue=TR=P*Q=(29-Q)*Q=29Q-Q2
- Marginal Revenue=dTR/dQ=29-2Q
Step 3. Calculation.
Set MR=MC for profit maximization
29-2Q=5
2Q=29-5
Q=12 -----profit maximizing output
P=29-Q=29-12=$17 -------profit maximizing price
Total Profit=(P-AC)*Q=(17-5)*12=$144 ------Maximum Profit
Lerner's Index=(P-MC)/P=(17-5)/17=0.7059
<h2>
</h2><h2>
TAKE A LOOK TO THE ATTACHED IMAGE</h2>
Profit is shown by rectangular shaded area.
Socially optimal price P=MC=$5 --------Socially optimal price
We know P=29-Q, Set P=5
5=29-Q
Q=24 ---------Socially optimal output
Social Cost is equal to dead weight loss. It is shown by triangular area DWL
Social Cost=1/2*(17-5)*(24-12) =$72
Answer:
D) laissez-faire
Explanation:
Connie sees her role as someone who provides direction and resources for her team then gets out of their way and lets them do their work however they think best. Connie uses the laissez-faire style of leadership. This style presents an attitude that takes place without interfering, letting things take their own course. Connie generally uses this leadership style.
Answer:
D) disseminator role
Explanation:
Within an organization, a manager that assumes a disseminator role is the one that discloses information to others members of the organization, usually to their coworkers and subordinates. The disseminator should share relevant and useful information with others, therefore he/she needs very good communication skills.
