Answer:
True
Explanation:
Since marginal cost is above the average total cost so average total cost is rising.
Answer:
The correct answer is: rational decision-making model
Explanation:
In the world of management and leadership, decision making is one of the most common, most demanding processes that have a high level of importance to determine the direction of organizations and determine how the processes that will guide the necessary activities will be to meet the objectives set.
Decision-making is fundamentally a choice between different alternatives to solve a problem in the most efficient way possible, but it cannot be taken lightly, so there are several methodologies and several types of decision-making, in this article we will discuss a bit about the "Rational model of decision making".
This model proposed by Herbert Simon is mainly characterized by the use of critical thinking to make decisions within organizations, equally applicable to everyday life. The rational model is simply to evaluate as objectively and sensibly different alternatives, with varied scenarios, causes and future results.
Answer:
Collectivism
Explanation:
The collectivism refers to the group who worked as a team and given the priority according to their roles, designations.
As we use the concept synergy that 1 + 1 give 11 i.e means due to efforts of group we can accomplish the company target as compare to the individual effort.
Since in the given question, the Daniel workplace does not have any structured hierarchy and all employees are treated equally so in this case, the collectivism is low in this organization.
C. A decrease in the money supply
Nearly 700 banks failed in waning months of 1929 and more than 3,000 collapsed in 1930. Federal deposit insurance was as-yet unheard of, so when the banks failed, people lost all their money. Some people panicked, causing bank runs as people desperately withdrew their money, forcing more banks to close. By the end of the decade, more than 9,000 banks had failed. Surviving institutions, unsure of the economic situation and concerned for their own survival, became unwilling to lend money. This exacerbated the situation, leading to less and less spending.
Answer: $538,806.50
Explanation:
This question is a compound interest question. If the savings increased at 14% per year then the amount when he is 68 will be;
Future Value = Present Value * ( 1 + Interest Rate ) ^ Years
Years = 68 - 20
= 48
Future Value = 1,000 ( 1 + 14%) ^ 48
= 1,000 * 538.8065
= $538,806.50
