I believe the correct answer is job performance.
This is because all of those things mentioned above (how much time he spends with his team, his impact on the team, and how well he explains new things) are part of his performance, and based on the effects that this has, his performance will either be considered to be good or bad.
Answer:
S corporation
Explanation:
In the given case, The eagle basis at the closing of the year is 70,000 i.e. $40,000 + $30,000 (50% of $60,000)
In the case when the entity was a general partnership so 50% of $10,000 i.e. $5,000 would be added to the basis of Eagle
So here the type of entity that was formed is S corporation
The same is relevant
Answer:
<h2>The law of diminishing marginal utility and law of demand explain the decline in water usage by the residents or occupants,in this case.</h2>
Explanation:
- In Microeconomic Theory,the law of diminishing marginal utility basically states that as a rational consumer or buyer consumes additional or one more unit of any product or service,the incremental or additional utility or satisfaction obtained from that per unit consumption or purchase decreases progressively.
- Now,law of diminishing marginal utility has a conceptual connection with law of demand,which denotes the inverse or negative relationship between price of any normal good or service and its consumer demand.It implies that as price of any normal good or service increase,its consumer demand decreases and vise versa.
- Now,observe that according to law of diminishing marginal utility,the additional or incremental consumer utility or satisfaction declines for per unit consumption,which essentially implies that the additional or marginal value of any normal product or service that the consumer is willing to pay decreases as he or she increases the consumption level.
- Therefore,the willingness to pay for any consumer decreases progressively as he or she increases consumption level.This also explains that to increase the consumption level of any buyer or consumer,the product or service price has to decrease and vise versa.
- In this case,as the residents use more units of water,the marginal utility or satisfaction obtained by the residents declines increasingly and so does the value they are willing to pay for more water usage.Now,installation of water meters compels the residents to pay for every unit of water they use and since the marginal utility of water drops with each unit of water usage,the price that the residents are willing to pay also drop for each additional unit of water that they use. In other words,the residents don't want to pay more and thus,they restricted their water usage.Therefore,the water usage also declined following the installation of water meter.
Answer:
$63,600
Explanation:
Th weighted average method is one that ensures that all the various prices at which inventory is bought is considered to determining the price at which inventory is issued.
Amount of Inventory at
= (150 × 200) + (500 × 210) + (350 × 220) = $212,000
Total quantity (before sales) = 150 + 500 + 350 = 1000 units
Weight average cost per unit = $212,000/1000 = $212
The 700 units sold will be value at $212 per unit.
Hence total cost of goods sold = $212 × 700 = $148,400
Closing inventory amount = $212,000 - $148,400
= $63,600
