Answer:
The Nominal Cost to register the car should be $53.
Explanation:
For the first year the data is given as
CPI=150
Nominal Price=$50
Real Income= Nominal Cost / Consumer Price Index
=50/150 = 0.33
Now for the second year as the real income is same as previous year thus
RI=0.33
CPI has increase to 159. Now the nominal cost is given as
Nominal Cost=Real Income * Consumer Price Index
Nominal Cost=0.33 * 159
Nominal Cost=$53
So the Nominal Cost to register the car should be $53.
Answer:
E. efficiency wages
Explanation:
Clearly this isn't a discrimination case, as Rob has a robust background with the company (15 years). Although their work output may be the same, Rob's experience justifies the higher pay.
This is one form of efficiency wage theory, holding that higher wages lead to increased employee productivity. This way, Rob gets an incentive for staying with the company.
Answer:
Customer loyalty strategy
Explanation:
The customer loyalty strategies are developed by a company to retain its current clients and encourage them to recommend its services or products. mainly, the client loyalty is promoted through different special discounts or additional services that a client will have if recommend the company. these strategies can be used too if the company wants the clients increase the buy of services or products; in this case if they get a certain number of products they will obtain discounts or additional products.
Answer:
True
Explanation:
Current and Quick ratio shows the liquidity position of the company. It shows that how much assets are available to company to pay off its liabilities if it becomes due in short period of time. High current and quick ratio make the company strong and it will have enough asset to deal with its obligation than with low current and quick ratio.
Answer:
a short-run decision because the number of aircraft is held constant while the labor input is changed.
Explanation:
In the short run, at least one variable or factor of production is fixed and cannot be changed. In the long run, all factors of production can be changed.
In this case, the number of aircraft is the fixed factor of production (capital) while labor is variable because more pilots can be hired. Regulation state that pilots must rest a certain amount of time in between flights, so if you want to increase the amount of flights you need to hire more pilots and cabin crews since regulations do not require planes to rest.
