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Amanda [17]
2 years ago
13

Ethan's job as an accounting assistant was recently modified to include reconciling bank accounts and making deposits, two tasks

previously done by the accounting manager. This increase in responsibility would best be described as job:_________.a) enlargement.b) satisficing.c) enrichment.d) design.e) development.
Business
1 answer:
Sveta_85 [38]2 years ago
6 0

Answer:

c) enrichment.

Explanation:

Ethan's job as an accounting assistant was recently modified to include reconciling bank accounts and making deposits, two tasks previously done by the accounting manager. This increase in responsibility would best be described as job <u>enrichment</u>.

Job enrichment is a common technique used by organization to motivate their employee by giving them additional responsibility which required more skill to do and it was reserved for higher ranking officials. Additional responsibilty have also increased the pay of employee, which add satisfaction with more challenge in his or her job.

Job enrichment are followed to achieve following goals:

  • Reducing repetitive work.
  • Employee should feel recognition and achievement.
  • Increasing opportunity for employee´s growth.
  • Hard work pays you and does not go rewardless.

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Your local movie theater earns a total revenue of $40,000 per month when the price of a movie ticket is $8, and it earns a total
raketka [301]

Answer:

Inelastic

Explanation:

Elasticity of demand = percentage change in quantity demanded / percentage change in price

percentage change in quantity demanded =

35,000 - 40,000/40,000 = -0.125 = -12.5%

percentage change in price = $10 - $8 / $8 = 0.25 = 25%

Elasticity = -12.5%/25%= -0.5

Demand is inelastic because the elasticity of demand is a less than 1.

Elasticity of demand measures how quantity demanded changes when price change.

Demand is inelastic when a change in price has no effect on quantity demanded. Inelastic demand has a value of less than 1 .

Demand is elastic if a change in price has an effect on quantity demanded. Elastic demand has a value of more 1

Unitary elastic is when a change in price has the same proportional effect on a change in quantity demanded. Unitary elastic demand has a value of 1.

7 0
2 years ago
AV City stocks and sells a particular brand of laptop. It costs the firm $625 each time it places an order with the manufacturer
Sphinxa [80]

Answer:

Please consider the explanation below

Explanation:

a.Optimal order quantity per order = √2CO / I

= √[2*1500Units*625 ]/ (130)

=√1875000/130

=120 units per order

b.Minimum total annual inventory costs

Annually orders = 1500 / 120

= 12.5 times

Ordering cost = 12.5*625 = $7812

carrying cost = 120 units *$130 = $15600

Total annual inventory cost = $23412

c.The number of orders per year

= Annual denand / Optimum oder

= 15000 U / 120

= 12.5 times

• d.The time between orders (in working days)

= 364 / 12.5 (considered one leave)

= 29.12 days

=29 days

4 0
2 years ago
Consider Paul's decision to go to college. If he goes to college, he will spend $90,000 on tuition, $15,000 on room and board, a
Katen [24]

Answer:

B. $123,000

Explanation:

The computation of the Paul's cost of going to college is presented below:

= Tuition fees + room and board charges + books expenses + earning as a construction job - room and board charges

= $90,000 + $15,000 + $7,000 + $22,000 - $11,000

= $123,000

We simply deduct the room and board charges while working as a construction job and the other items would be added

4 0
2 years ago
Karen made a commission of $3,522.75 on the sale of a property. she split her commission equally with her broker which is 50% to
Rudik [331]

Karen split her commission 50-50 with her broker. Therefore she is left with:

Karen’s commission = $3,522.75 * 0.5 = $1,761.375

Karen’s broker received 55% of the total commission. Therefore Karen must only be receiving 45% of the total commission. The total commission must be then:

Total commission = $1,761.375 / 0.45 = $3,914.17

On a rate of 7%, the sale price of the property must be:

Sale price = $3,914.17 / 0.07

<span>Sale price = $55,917</span>

6 0
2 years ago
Use the data set WAGE2.dta to estimate the following model: log (wage) = β0 + β1educ + β2exper + β3tenure + β4married + β5south
harkovskaia [24]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
2 years ago
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